ACT ACTP
ACT
ACT/ ACTP - AfroCentric - Trading Statement
AFROCENTRIC INVESTMENT CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Code: ACT, ACTP
ISIN: ZAE000078416, ZAE000082269
("AfroCentric" or "the Company")
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the JSE Limited ("JSE") Listings
Requirements, companies are required to publish a trading statement as soon
as they become reasonably certain that the financial results for the period
to be reported upon next will differ by at least 20% from that of the
previous corresponding period.
AfroCentric shareholders are accordingly advised that:
Earnings per share ("EPS") and diluted EPS for the six months ended 31
December 2010 are expected to be between 240% and 260% higher compared to
the EPS for the six months ended 31 December 2009.
Headline earnings per share ("HEPS") and diluted HEPS for the six months
ended 31 December 2010 are expected to be between 160% and 180% higher
compared to the HEPS for the six months ended 31 December 2009.
The financial information on which this trading statement is based has not
been reviewed or reported on by AfroCentric`s auditors. The results for the
six months ended 31 December 2010 are expected to be published on or about
18 March 2011.
By order of the Board
Johannesburg
10 March 2011
Sponsor: Sasfin Capital (A division of Sasfin Bank Limited)
Date: 10/03/2011 12:58:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
