RAC
RAC
RAC - RACEC Group Limited - Trading Statement
RACEC GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/006153/06)
Share code: RAC ISIN: ZAE000105409
("RACEC")
TRADING STATEMENT
In terms of the Listings Requirements of JSE Limited, 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 on will differ by more
than 20% from that of the previous corresponding period.
Accordingly, a review of the financial results for the six month period ended
31 March 2011 by management has indicated that the earnings per share and the
headline earnings per share are expected to be between 2.7 cents and 3.1
cents, compared to the loss per share of 1.9 cents and the headline loss per
share of 2.0 cents for the six month period ended 31 March 2010.
The financial information on which this trading statement is based has not
been reviewed or reported on by RACEC`s auditors. RACEC`s interim financial
results are expected to be released on SENS on or about 8 June 2011.
Cape Town
9 May 2011
Designated Adviser
Merchantec Capital
Date: 09/05/2011 11:10:01 Produced by the JSE SENS Department.
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