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ANS - Ansys Limited - Trading Statement
ANSYS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/001222/06)
(Share Code: ANS ISIN Code: ZAE000097028)
("Ansys" or "the Company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited ("JSE"), companies
are required to publish a trading statement as soon as they are satisfied that
a reasonable degree of certainty exists that the financial results for the
period to be reported on will differ by 20% or more from the financial results
for the previous corresponding period.
Shareholders are advised that Ansys is currently in the process of finalising
its results for the year ended 28 February 2011. It is anticipated, with a
reasonable degree of certainty, that Ansys will reflect a basic loss per share
of between 8.5 cents and 10.0 cents and a headline loss per share of between
3.5 cents and 4.5 cents (2010: basic loss per share of 11.1 cents and headline
loss per share of 10.3 cents) for the year ended 28 February 2011.
A large portion of the improvement in the headline loss per share is
attributable to the disposal of the loss making division, Optocon Systems
(Pty) Ltd ("Optocon"), during the course of the current financial year. The
basic loss per share for the current financial year incorporates eight months
of Optocon`s losses. The continueing operations is also anticipated to reflect
an improvement from the prior year`s 6.0 cents loss per share to between a
breakeven and 0.2 cents profit per share.
The financial information on which this trading update is based has not been
reviewed or reported on by the company`s auditors. The company`s results for
the year ended 28 February 2011 are expected to be released on SENS during the
course of next week.
13 May 2011
Pretoria
Designated Advisor
Exchange Sponsors
Date: 13/05/2011 12:40:02 Produced by the JSE SENS Department.
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