KDV - KayDav - Trading statement for the six months ended 30 June
KDV
KDV
KDV - KayDav - Trading statement for the six months ended 30 June
2010
KAYDAV GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 2006/038698/06)
JSE code: KDV & ISIN: ZAE000108940
("KayDav" or "the company")
TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2010
In terms of the Listings Requirements of the JSE Limited ("JSE
Listings Requirements"), 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.
The group accordingly advises shareholders that it is expecting
earnings and headline earnings per share of between 1.5 and 1.7
cents compared to earnings and headline earnings per share of 1.8
cents for the six months ended 30 June 2009.
Earnings and headline earnings are however expected to be between
30% and 40% below the R5 334 901 and R 5 293 290 reported for the
six months ended 30 June 2009 respectively. The company repurchased
110 646 443 KayDav ordinary shares between 1 July 2009 and 30 June
2010.
The financial information on which this trading statement is based
has not been audited or reviewed by the company`s auditors.
The financial results for the six months ended 30 June 2010 will be
published on SENS by no later than 30 September 2010.
30 August 2010
Sponsor
Java Capital
Date: 30/08/2010 16:00:01 Produced by the JSE SENS Department.
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