GMB
GMB
GMB - Glenrand M.I.B Limited - Trading Statement
Glenrand M.I.B Limited
(A Licensed Financial Services Provider)
(Incorporated in the Republic of South Africa)
(Registration number 1997/008001/06)
Share Code: GMB ISIN: ZAE000078010
("Glenrand M.I.B") ("the Group")
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, companies
are required to publish a trading statement as soon as they
are reasonably certain that the financial results for the
current reporting period will be more than 20% different
from those of the previous corresponding period.
Accordingly, shareholders are advised that the headline
earnings per share for the twelve months ended 30 June 2010
are expected to be a profit between 13,7 and 16,4 cents
compared to the headline earnings per share of 11,5 cents
for the previous corresponding period. The earnings per
share for the twelve months are expected to be a profit
between 13,8 and 16,5 cents compared to the earnings of 20,5
cents per share for the previous corresponding period.
The information on which this trading statement is based has
been prepared in accordance with International Financial
Reporting Standards (IFRS) and has not been reviewed or
reported on by Glenrand M.I.B`s auditors. The Group`s
reviewed results for the twelve months ended 30 June 2010
are expected to be published on or about 10 September 2010.
26 August 2010
Investment Bank and Sponsor
Nedbank Capital
Date: 26/08/2010 10:53:01 Produced by the JSE SENS Department.
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