PPR - Putprop Limited - Trading update for the six months ended 31 December 2007
PPR
PPR
PPR - Putprop Limited - Trading update for the six months ended 31 December 2007
Putprop Limited
(Incorporated in the Republic of South Africa)
Registration number 1988/001085/06
JSE code: PPR
ISIN : ZAE000072310
("Putprop" or "the Company")
TRADING UPDATE FOR THE SIX MONTHS ENDED 31 DECEMBER 2007
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading update as soon as they become aware that the financial
results for the period to be reported on next will differ by at least 20% from
the financial results for the corresponding previous period.
Accordingly, Putprop shareholders are advised that it is anticipated that in
respect of the half year ended 31 December 2007 and because the prior half year
results were severely and adversely impacted by the cancellation and subsequent
renewal of the company`s major rental agreement, earnings per share are expected
to be between 35% and 40% higher than the prior period.
The financial results upon which this trading update has been based have not
been audited or reviewed by the company`s auditors.
It is anticipated that Putprop`s interim results will be released on or about
Friday, 28 March 2008.
Johannesburg
26 March 2008
Designated Advisor
Ernst & Young Sponsors (Pty) Ltd
(Reg. No. 2000/031843/07)
Date: 26/03/2008 16:10:01 Produced by the JSE SENS Department.
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