CDZ
CDZ
CDZ - Cadiz Holdings - Trading Statement
CADIZ HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/007258/06)
JSE share code: CDZ
ISIN: ZAE000017661
("Cadiz Holdings" or "the group")
TRADING STATEMENT
Cadiz Holdings` shareholders are advised that, as a result of the difficult
market conditions, the group`s basic and diluted headline earnings and
earnings per share for the six months ending 30 September 2010 are anticipated
to decrease by at least 20% when compared to the six months ended 30 September
2009. Reduced liquidity and a slowdown in activity in the Securities business
has contributed mostly to the anticipated decline in earnings.
More specific information will be provided to shareholders as soon as there is
a reasonable degree of certainty as to the range within 20% by which headline
earnings and earnings per share have decreased.
The group`s results for the six months ended 30 September 2010 will be
announced on SENS on Monday 8 November 2010.
The financial information on which this trading statement is based has not
been reviewed or reported on by the group`s independent auditors.
Cape Town
28 September 2010
Sponsor
Investec Bank Limited
Date: 28/09/2010 08:00:01 Produced by the JSE SENS Department.
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