PNG - Pinnacle Point Group Limited - Trading statement announcement
PNG
PNG
PNG - Pinnacle Point Group Limited - Trading statement announcement
PINNACLE POINT GROUP LIMITED
(Registration Number: 2000/000059/06)
Share code: PNG ISIN code: ZAE000127122
("Pinnacle Point" or "the Company")
TRADING STATEMENT ANNOUNCEMENT
In terms of the Listings Requirements of the JSE Limited (the "JSE"), listed
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 next period to be reported on will vary by more than 20% from
those of the previous corresponding period or from a profit forecast previously
provided to the market in relation to such period.
Accordingly, shareholders are advised that the Company expects that the loss per
share for the 12 months ended 28 February 2011 will be between 40% and 50%
better than the results for the 12 months ended 28 February 2010 and the
headline loss per share for the 12 months ended 28 February 2011 will be between
70% and 80% better than the results for the 12 months ended 28 February 2010.
This trading statement has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
30 June 2011
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 30/06/2011 12:40:13 Produced by the JSE SENS Department.
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