| Wed 28 Jan 2009, 16:32 | | SIM - Simmers - Correction Of The Weighted Average Number Of Shares |
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SIM
SIIF
SIM - Simmers - Correction Of The Weighted Average Number Of Shares
SIMMER & JACK MINES, LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1924/007778/06)
Share code: SIM
ISIN Code: ZAE00006722
("Simmers" or "the Company")
CORRECTION OF THE WEIGHTED AVERAGE NUMBER OF SHARES
Shareholders are referred to the interim results announcement released on SENS
on 13 November 2008 and are advised that the weighted average number of shares
of 1,057,088,000 for the six months ended 30 September 2008 should have read
1,062,031,000. This is due to a clerical error which also affected the basic
loss per share, diluted loss per share, headline loss per share, diluted
headline loss per share and the net asset value per share calculations.
These numbers have been restated to show the effects of the corrected weighted
average number of shares on the per share calculations below:
Published Corrected
Reviewed Reviewed
six six
months as months as
at 30 Sep at 30 Sep
08 08
Reconciliation between loss and headline
loss:
Basic loss per share (cents)* (17.05) (16.97)
Diluted loss per share (cents)* (15.82) (15.75)
Headline loss per share (cents)* (17.05) (16.97)
Diluted headline loss per share (cents)* (15.82) (15.75)
Net asset value per share (cents)* 203.03 202.09
* Calculations based on weighted average
number of shares in issue
Reconciliation of number of shares issued `000 `000
Reported at 1 April 2008 1,062,031 1,062,031
Shares issued to Simmers Share Trust - -
Shares issued for cash - -
Shares issued at the end of the period 1,062,031 1,062,031
Weighted average number of ordinary shares 1,057,088 1,062,031
in issue
Adjusted for:
- Share options 82,415 82,415
Weighted average number of ordinary shares 1,139,503 1,144,446
for diluted earnings per share
Johannesburg
27 January 2009
SPONSOR
Sasfin Capital
a division of Sasfin Bank Limited
Date: 28/01/2009 16:32:01 Produced by the JSE SENS Department.
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