PNG - Pinnacle Point - Updated Trading Statement Announcement
PNG
PNG
PNG - Pinnacle Point - Updated Trading Statement Announcement
PINNACLE POINT GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 2000/000059/06)
JSE Share code: PNG
NSE Share code: PNG
ISIN: ZAE000127122
("Pinnacle Point" or the "Company")
UPDATED TRADING STATEMENT ANNOUNCEMENT
Shareholders are referred to the trading update announcement on 09 March 2010
which also advised shareholders that all of the Company`s property developments
and property development stock were in the process of being valued and any
adjustment required to trading stock values may influence the Company`s expected
headline loss per share.
Pursuant to the announcement mentioned above, shareholders are further advised
that the above processes have been completed and that the Company expects the
headline loss per share to be between 5.0 and 5.4 cents and the loss per share
to be between 5.1 and 5.5 cents.
This trading statement has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
27 May 2010
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Legal Advisor
Edward Nathan Sonnenbergs Inc.
Date: 27/05/2010 16:28:01 Produced by the JSE SENS Department.
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