KDV - Kaydav Group Limited - Trading statement for the six months ended
KDV
KDV
KDV - Kaydav Group Limited - Trading statement for the six months ended
30 June 2011
KAYDAV GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 2006/038698/06)
JSE code: KDV & ISIN: ZAE000108940
("KayDav" or "the company")
TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2011
In terms of the Listings Requirements of the JSE Limited ("JSE Listings
Requirements"), 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 upon
next will differ by at least 20% from the financial results for the
previous corresponding period.
KayDav accordingly advises shareholders that it is expecting earnings
and headline earnings per share of between 3.0 and 3.2 cents for the
six months ended 30 June 2011 compared to earnings and headline
earnings per share of 1.6 cents for the six months ended 30 June 2010,
representing an increase of between 88% and 100%.
Earnings and headline earnings per share are based on a weighted
average number of shares in issue of 183 566 511 (June 2010: 213 504
505).
The financial information on which this trading statement is based has
not been audited or reviewed by the company`s auditors.
The financial results for the six months ended 30 June 2011 will be
published on SENS by no later than 30 September 2011.
1 August 2011
Sponsor
Java Capital
Date: 01/08/2011 16:37:00 Produced by the JSE SENS Department.
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