ACT ACTP
ACT
ACT / ACTP - AfroCentric - Trading Statement
AFROCENTRIC INVESTMENT CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT, ACTP & ISIN: ZAE000078416, ZAE000082269
("AfroCentric" or "the Company")
TRADING STATEMENT
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as soon as it is
satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported on next, will differ by at least 20% from
those of the previous corresponding period.
AfroCentric shareholders are accordingly advised that:
1. Earnings per share (EPS) for the year ended 30 June 2009 are expected to
be between 80% and 90% higher compared to the EPS for the year ended 30
June 2008.
2. Headline earnings per share (HEPS) for the year ended 30 June 2009 are
expected to be between 70% and 80% higher compared to the HEPS for the year
ended 30 June 2008.
3. Diluted EPS for the year ended 30 June 2009 are expected to be between
100% and 110% higher compared to the diluted EPS for the year ended 30 June
2008.
4. Diluted HEPS for the year ended 30 June 2009 are expected to be between
90% and 100% higher compared to the diluted HEPS for the year ended 30 June
2008.
The financial information on which this trading statement is based has not been
reviewed or reported on by AfroCentric`s auditors. The results for the year
ended 30 June 2009 are expected to be published on or about 25 September 2009.
Johannesburg
15 September 2009
Sponsor:
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 15/09/2009 15:10:01 Produced by the JSE SENS Department.
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