ATR - Africa Cellular Towers Limited - Trading Update and Renewal of the
ATR
ATR
ATR - Africa Cellular Towers Limited - Trading Update and Renewal of the
Cautionary Announcement
AFRICA CELLULAR TOWERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/027374/06)
JSE code: ATR
ISIN: ZAE000088084
("the company")
TRADING UPDATE AND RENEWAL OF THE CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the SENS announcement, dated 13 October 2009, in
which the company advised that a loss for the six months ended 31 August 2009
was anticipated and that caution should be exercised when dealing in the
company`s shares until a further announcement was made.
TRADING UPDATE
In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE
Limited, a company is required to publish a trading statement as soon as it
becomes aware, with a reasonable degree of certainty, that the financial results
for the next period to be reported on are likely to vary by more than 20% from
the previous corresponding period.
Shareholders are advised that the company is in the process of finalising its
results for the six months ended 31 August 2009, and expects to reflect a loss
per share of between 12.33 cents and 14.77 cents and a headline loss per share
of between 10.76 cents and 12.88 cents when compared to earnings and headline
earnings per share of 14.4 cents for the six months ended 31 August 2008.
The financial information on which this trading update is based has not been
reviewed or reported on by the company`s auditors.
The company`s results for the six months ended 31 August 2009 are expected to be
released on SENS on or about 11 November 2009.
RENEWAL OF THE CAUTIONARY ANNOUNCEMENT
Shareholders are advised to continue to exercise caution when dealing in the
company`s shares until the financial results for the six months ended 31 August
2009 are released.
9 November 2009
Designated Adviser
Vunani Corporate Finance
Date: 09/11/2009 15:39:02 Produced by the JSE SENS Department.
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