PPC - Pretoria Portland Cement Company - Trading Statement
PPC
PPC
PPC - Pretoria Portland Cement Company - Trading Statement
PRETORIA PORTLAND CEMENT COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000125886
("PPC" or "the company")
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 reminded of PPC`s trading statement of 4 May 2009 and the non-
recurrence of the R487m IFRS2 charge relating to PPC`s Broad Based Black
Economic Empowerment ("BBBEE") transaction that was accounted for in the six
months ended 31 March 2009. As a result PPC`s earnings per share ("EPS") and
headline earnings per share ("HEPS") are expected to be between 450% and 470%
higher for the six months ended 31 March 2010.
PPC further advises that EPS and HEPS for the six months ended 31 March 2010 are
expected to be between 5% and 15% higher than the previous corresponding period
excluding the effects of the IFRS2 charge relating to the BBBEE transaction.
The information contained in this trading statement has not been reviewed or
reported on by the company`s external auditors. PPC will release its interim
results for the six months ended 31 March 2010 on 11 May 2010.
Sandton
23 April 2010
Sponsor
Merrill Lynch South Africa (Pty) Limited
Financial Communications Advisor
College Hill
Date: 23/04/2010 14:41:04 Produced by the JSE SENS Department.
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