SBV/SVN - Sabvest Limited - Further trading statement
SBV SVN
SBV
SBV/SVN - Sabvest Limited - Further trading statement
SABVEST LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/003753/06
Share code: SBV - ordinary shares
ISIN: ZAE000006417 - ordinary shares
Share code: SVN - "N" ordinary shares
ISIN: ZAE000012043 - "N" ordinary shares
("Sabvest")
FURTHER TRADING STATEMENT
Shareholders` attention is drawn to the trading statement issued on 3 June 2010
relating to the interim results for the period to 30 June 2010.
During the month of June there was considerable volatility in share prices on
the JSE Limited with the result that at the reporting date the expected fair
value adjustments on Sabvest`s investment portfolio, excluding equity accounted
associates, were negatively affected.
Sabvest accordingly advises shareholders that it now anticipates results for the
six months to 30 June 2010 to be in the following ranges:
2010 2009 Change
Headline earnings per share 41c - 44c 22,5c + 82% - 95%
Earnings per share 41c - 44c 20,3c + 101% - 116%
Interim dividend per share 4c 3c + 33%
The figures in this trading statement have not been reviewed or reported on by
Sabvest`s auditors. The final interim results are expected to be released on
SENS on or about 30 July 2010.
Sandton
14 July 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 14/07/2010 13:47:01 Produced by the JSE SENS Department.
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