PGR
PGR
PGR - Peregrine Holdings Limited - Trading statement
Peregrine Holdings Limited
(Registration number 1994/006026/06)
JSE code: PGR ISIN code: ZAE000078127
("Peregrine" or "the company" or "the group")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, shareholders are
advised that, in respect of the year ended 31 March 2009:
- basic earnings per share are expected to be between 74% and 78% lower
than the basic earnings per share for the year ended 31 March 2008
(published basic earnings per share for such year were 225,4 cents);
- headline earnings per share are expected to be between 83% and 87% lower
than for the year ended 31 March 2008 (published headline earnings per
share for such year were 222,7 cents);
- the effect of the acquisition of a controlling interest in international
wealth manager Stenham Limited (which took place at the beginning of the
financial year) is expected to be neutral on the group`s earnings for the
year; and
- profit from the group`s South African based operating entities is
expected to be between 45% and 50% lower than for the previous year, with
negative returns on the group`s proprietary investment portfolio
accounting for the balance of the earnings decline.
The information on which the above trading statement has been based has not
been reviewed or reported on by the company`s auditors.
The audited results for the year ended 31 March 2009 are expected to be
released on SENS on 3 June 2009.
22 May 2009
Sponsor
Java Capital (Proprietary) Limited
Date: 22/05/2009 10:33:03 Produced by the JSE SENS Department.
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