OLI
OLI
OLI - O-line Holdings Limited - Trading Statement
O-line Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/034685/06)
Share code: OLI
ISIN code: ZAE000110730
("O-line" or "the Company")
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited,
companies are required to publish a trading statement as soon as they are
satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported on next will differ by at least 20% from
the financial results for the previous corresponding period.
Shareholders are hereby advised that O-line is currently finalising its results
for the year ended 30 June 2010. Accordingly, a review of the financial results
for the year ended 30 June 2010, has indicated that earnings per share ("EPS")
and headline earnings per share ("HEPS") are expected to be between 55% and 59%
lower than the EPS and HEPS for the previous corresponding period from the
continuing operations, after the impairment of the Armco Management loans of R8
million.
The results for the year ended 30 June 2010 are expected to be released on SENS
on or about 30 September 2010.
Johannesburg
07 September 2010
Designated advisor
QuestCo Sponsors (Pty) Limited
Date: 07/09/2010 14:22:05 Produced by the JSE SENS Department.
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