AND - Andulela Investment Holdings Limited - Trading statement
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AND - Andulela Investment Holdings Limited - Trading statement
ANDULELA INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1950/037061/06)
Share code: AND ISIN code: ZAE000125894
("Andulela" or "the company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited companies are required
to publish a trading statement as soon as they become aware that the financial
results for the period to be reported upon next will differ by at least 20% or
more from the financial results for the previous corresponding period.
Shareholders are advised that the company expects earnings for the six months
ended 31 December 2009 to be between 4.5 and 5.5 cents per share and headline
earnings to be between 0 and 0.2 cents per share, compared to a loss and
headline loss of (115.6) and (3.6) cents per share respectively for the
comparative period ended 31 December 2008.
The financial information on which this trading statement is based, has not been
audited or reviewed by the company`s auditors.
Shareholders are referred to the interim financial results of the company for
the six months ended 31 December 2008 as published on SENS on 30 March 2009 and
are advised that the headline loss per share of (115.6) cents published in the
aforementioned results has been restated to be a headline loss of (3.6) cents
per share. This is calculated by adding back the impairment of investment in
associates to the attributable loss as previously reported and dividing it by
the weighted average number of ordinary shares in issue for the period. The
impairment of investment in associates was not taken into account in the
previously reported headline loss per share for the comparative interim period
ended 31 December 2008.
The financial results for the six months ended 31 December 2009 will be
published on SENS by no later than 31 March 2010.
25 March 2010
Sponsor
Java Capital (Proprietary) Limited
Date: 25/03/2010 11:33:01 Produced by the JSE SENS Department.
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