VUN
VUN
VUN - Vunani Limited - Updated trading statement
VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000110359
("Vunani" or "the company")
UPDATED TRADING STATEMENT
Vunani shareholders are referred to the Trading Update published by the
company on 16 March 2011 wherein they were informed that Vunani expected an
improvement of at least 20% in both its basic and headline loss per share
reported for the previous comparable period.
Shareholders are advised that Vunani is in the process of finalising its
results for the year ended 31 December 2010 and anticipates that it will
report a basic loss per share of between 2.1 cents and 4.8 cents (2009: 13,2
cents basic loss per share) and a headline loss per share of between 3.4 cents
and 5.6 cents (2009: 11.0 cents headline loss per share).
The financial information on which this updated trading statement is based has
not been reviewed or reported on by the company`s auditors. The company`s
results for the year ended 31 December 2010 are expected to be published on
SENS before the end of March 2011.
Sandton
28 March 2011
Independent Designated Adviser
Grindrod Bank Limited
Joint Designated Adviser
Vunani Corporate Finance
Date: 28/03/2011 08:21:01 Produced by the JSE SENS Department.
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