|
PAN
PAN
PAN - Pan African Resources plc - Trading statement
Pan African Resources plc
(Incorporated and registered in England and Wales under Companies Act 1985 with
registered number 3937466 on 25 February 2000)
Share code on AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496
(`Pan African` or the `company`)
TRADING STATEMENT
In terms of paragraph 3.4(b) of the Listings Requirements of JSE Limited, a
listed company is required to publish a trading statement as soon as it is
satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported on next, will differ by at least 20 per
cent from those of the previous corresponding period.
The Company advises shareholders that the earnings per share and headline
earnings per share for the six months ended 31 December 2011, denominated in
Pound Sterling ("GBP"), are expected to be between 83 per cent and 93 per cent
higher than the 0.53 pence per share generated for the six months ended 31
December 2010. Earnings per share and headline earnings per share, calculated
in South African Rand ("ZAR"), using the average ZAR: GBP exchange rate of 12.06
that prevailed during the six months ended 31 December 2011, are expected to be
between 97 per cent and 107 per cent higher than the comparable period`s 5.97
cents per share at an average ZAR: GBP exchange rate of 11.18.
The financial information for the six months ended 31 December 2011 and
contained in this trading statement has neither been reviewed nor reported on by
the Company`s auditors. Pan African is currently finalising its unaudited
results for the six months ended 31 December 2011 and it is anticipated that
they will be released on 22 February 2012.
Pan African is incorporated in England and Wales under Companies Act 1985 and
accordingly its presentation currency is GBP.
For further information on Pan African Resources plc, please visit the website
at www.panafricanresources.com
Enquiries
South Africa UK
Pan African Resources RBC Capital Markets
Jan Nelson, Chief Executive Martin Eales / Peter Barrett-
Officer Lennard
+27 (0) 11 243 2900 +44 (0) 20 7653 4000
Macquarie First South Capital St James`s Corporate Services
(Pty) Limited Limited
Melanie de Nysschen / Annerie Phil Dexter
Britz / Yvette Labuschagne +44 (0) 20 7499 3916
+27 (0) 11 583 2000
Vestor Investor Relations Gable Communications
Louise Brugman Justine James
+27 (0) 11 787 3015 +44 (0) 20 7193 7463
25 January 2012
Date: 25/01/2012 09:00:42 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
