ZED
ZED
ZED - Zeder Investments Limited - Trading Statement
ZEDER INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2006/019240/06
Share Code: ZED
ISIN Number: ZAE000088431
("ZEDER")
TRADING STATEMENT
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, with a
reasonable degree of certainty, the financial results for the next period to be
reported on will differ by at least 20% from those of the previous corresponding
period.
Zeder hereby advises that a reasonable degree of certainty exists that, for the
six months ended 31 August 2009, headline earnings per share will be between
10.5 cents and 11.5 cents per share, or between 16.1% and 23.4% lower than that
for the six months ended 31 August 2008. Earnings per share for the six months
ended 31 August 2009 will be between 9.5 cents and 10.5 cents per share, or
between 31.8% and 38.3% lower than that for the six months ended 31 August 2008.
The decrease in earnings and headline earnings per share is mainly due to the
following:
An increased number of Zeder shares in issue following the rights offer
concluded in June 2009; and
A significantly lower profit contribution from KWV`s own operational business
compared to the prior year.
This financial information has not been reviewed or reported on by the auditors
of Zeder. The results for the six months ended 31 August 2009 are expected to
be published on or about 5 October 2009.
Stellenbosch
29 September 2009
PSG Capital (Pty) Limited
Date: 29/09/2009 17:03:01 Produced by the JSE SENS Department.
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