PPE
PPE
PPE - Purple Capital - Trading Update
Purple Capital Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE & ISIN: ZAE000071411
("Purple Capital" or "the company")
TRADING UPDATE
The directors of Purple Capital have decided that it is an opportune time to
accelerate the future amortisation of intangibles in the balance sheet now,
rather than as scheduled over the next two years. This, together with the
current amortisation charge and its impact on deferred tax will result in a
final write down of 4.7 cents per share, resulting in a total loss of 7.09 cents
per share (2009: loss of 13.7 cents per share) for the 2010 financial year.
There will be no impact on the operations or cash flow of the group as a result
of this adjustment. The audited annual financial results for Purple Capital will
be published on Tuesday 9 November 2010.
Johannesburg
4 November 2010
Sponsor: KPMG Services (Pty) Ltd
Date: 04/11/2010 11:34:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
