ATR - Africa Cellular Towers Limited - Trading upd
ATR
ATR
ATR - Africa Cellular Towers Limited - Trading update and cautionary
announcement
AFRICA CELLULAR TOWERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/027374/06)
JSE code: ATR
ISIN: ZAE000088084
("AC Towers" or "the company")
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
Shareholders are advised that the company is in the process of finalising
its results for the six months ended 31 August 2011, and expects to
reflect a loss and a headline loss per share of between 14 cents and 18
cents when compared to the loss and headline loss per share of 23.5 cents
and 21.4 cents, respectively, for the six months ended 31 August 2010.
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 six months ended 31 August 2011 are
expected to be released on SENS on or about 30 November 2011.
AC Towers is in strategic discussions regarding its going concern
prospects as well as funding requirements.
Accordingly, shareholders are advised to exercise caution when dealing in
their shares on the JSE Limited until a further announcement is made.
17 November 2011
Designated Adviser
Vunani Corporate Finance
Date: 17/11/2011 08:56:37 Produced by the JSE SENS Department.
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