ABK
ABK
ABK - African Brick Centre - Trading Update
AFRICAN BRICK CENTRE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/006214/06)
JSE Share code: ABK & ISIN: ZAE000105169
("African Brick" or "the Company"))
Trading update
In terms of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes aware that the
financial results for the next period to be reported on will differ by at least
20% from those of the previous corresponding period.
Shareholders were advised on 27 August 2008 that the Company`s earnings per
share ("EPS") and headline earnings per share ("HEPS") in respect of the six
month period ending 31 August 2008 ("the interim period"), were expected to be
between 75% and 85% lower than those reported for the pro forma African Brick
Group for the previous corresponding period.
Following a more detailed review of the results for the interim period, the
Company now expects earnings per share and headline earnings per share to be
140% and 103% respectively, below the comparative figures for the comparative 6
months ended 31 August 2007.
The information in this trading update has not been reviewed or reported on by
the Company`s auditors.
It is anticipated that the Company`s interim results will be published by or
about Wednesday 19 November 2008.
Johannesburg
13 November 2008
Designated Adviser
PSG Capital (Pty) Ltd
Date: 13/11/2008 14:17:22 Produced by the JSE SENS Department.
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