SCL
SCL
SCL - Sacoil Holdings Limited - Trading statement
SACOIL HOLDINGS LIMITED
(Formerly SA Mineral Resources Corporation Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
Share code: SCL ISIN: ZAE000127460
("SacOil")
TRADING STATEMENT
In terms of the Listing Requirements of the JSE Limited, companies are
required to publish a Trading Statement as soon as they become reasonably
certain that the financial results for the period to be reported on next,
will differ by more than 20% from those of the previous corresponding period.
Shareholders are referred to previous communication notifying that the company
has changed its year end from June to February; hence the difference in
interim reporting dates.
The board of directors of SacOil advises that its headline earnings per
share for the six months ended 31 August 2009 is expected to be 0.47 cents
per share as opposed to a headline loss of 0.69 cents per share as reported
for the six months ended 31 December 2008, and earnings per share is expected
to be 0.47 cents per share as opposed to a loss of 0.69 cents per share
reported for the six months ended 31 December 2008.
The financial information contained in this Trading Statement has not been
reviewed or reported on by the company`s external auditors. SacOil will
release its unaudited interim results for the six months ended 31 August
2009 on or before 26 October 2009.
By order of the board
Johannesburg
19 October 2009
Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)
Date: 19/10/2009 11:28:24 Produced by the JSE SENS Department.
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