RAR
RAR
RAR - Rare Holdings Limited - Voluntary announcement -trading statement
additional disclosure
RARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2002/025247/06
Share Code: RAR ISIN: ZAE000092714
("Rare" or "the Company")
VOLUNTARY ANNOUNCEMENT -TRADING STATEMENT ADDITIONAL DISCLOSURE
We refer to the trading statement released on SENS on the 27th of
September 2011 ("the Announcement").
As per the Announcement, the Company expects a loss per share of between
81.4 cents and 92.2 cents per share for the 12 month period ended 30 June
2011. The expected loss per share range has been calculated on a weighted
average number of ordinary shares in issue during the period, which
amounts to 104,091,306 shares. 288 750 000 ordinary shares was issued
shares at year end.
The Company is expected to make a total loss of between R85 million and
R95 million for the 12 month period ended 30 June 2011.
The Company is expected to make a total headline loss of between R57
million and R63 million during the 12 month period ended 30 June 2011.
The headline loss per share of between 54.5 cents and 60.9 cents per
share, as announced, is based on the weighted average number of ordinary
shares in issue.
The information in this trading statement has not been reviewed by the
Company`s external auditors.
Johannesburg
28 September 2011
Designated advisor: PSG Capital (Proprietary) Limited
Date: 28/09/2011 13:24:01 Produced by the JSE SENS Department.
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