PSV
PSV
PSV - PSV HOLDINGS LIMITED - TRADING UPDATE
PSV HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/004365/06)
JSE code: PSV
ISIN: ZAE000078705
("PSV")
TRADING UPDATE
PSV is currently finalising its results for the year ended 28 February 2009 and
shareholders are advised that the directors expect headline earnings per share
("HEPS") for the year then ended to decrease by between 5% and 15% and earnings
per share ("EPS") for the year then ended to decrease by between 45% and 55%
over those for the previous corresponding period.
The difference between the expected decreases in EPS and HEPS mainly relate to
income in the form of negative goodwill which was recognised during the year
ended 29 February 2008 not repeated in the year ended 28 February 2009. Negative
goodwill is included when determining EPS but excluded in determining HEPS.
The financial information on which this trading update is based has not been
reviewed or reported on by the company`s auditors.
PSV`s results for the year ended 28 February 2009 are expected to be published
on SENS during the week ending 22 May 2009.
Johannesburg
18 May 2009
Designated Adviser
Vunani Corporate Finance
Date: 18/05/2009 17:35:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
