AOO/AON/AOVP - African And Overseas Enterprises Limited - Trading Statement
AOO AOVP AON
AOO
AOO/AON/AOVP - African And Overseas Enterprises Limited - Trading Statement
AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1947/027461/06
Share code: AOO ISIN: ZAE000000485
Share code: AON ISIN: ZAE000009718
Share code: AOVP ISIN: ZAE000000493
"AOE" or "the Company"
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they are reasonably certain that the
financial results for the current reporting period will be more than 20%
different from those of the previous corresponding period.
Shareholders were advised on 16 November 2011 regarding the prospects of the
group for the first half of the 2012 financial year and particularly the
expected negative impact of the withdrawal of the Duty Credit Certificate
benefit on operating profit.
Accordingly shareholders are advised that AOE expects headline earnings per
share and earnings per share to be between 25% and 29% lower for the six months
ended 31 December 2011 as compared to the previous corresponding period.
The above information has not been reviewed or reported on by AOE`s external
auditors. The Company`s results for the half year ended 31 December 2011 are
expected to be published on or about 9 March 2012.
23 February 2012
Sponsor
Java Capital
Date: 23/02/2012 12:00:47 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.