OLI
OLI
OLI - O-line Holdings Limited - Trading Statement
O-line Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/034685/06)
Share code: OLI
ISIN: ZAE000110730
("O-line" or "the Company")
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the JSE Limited ("JSE") Listings Requirements,
companies are required to publish a trading statement as soon as they become
reasonably certain that the financial results for the period to be reported on
next will differ by at least 20% from those of the previous corresponding
period.
Shareholders are advised that earnings per share ("EPS") and headline earnings
per share ("HEPS") for the six months ended 31 December 2011 are expected to be
between 6.5 cents EPS and 6.6 cents HEPS per share based on 213 423 750 shares
in issue compared to the EPS and HEPS for the six months ended 31 December 2010
of 7.94 cents EPS and 7.93 cents HEPS per share based on 238 500 000 shares in
issue.
The decrease in EPS and HEPS for the 6 month period ended 31 December 2011 is
mainly as a result of a decrease in operating profit in the O-line Support
Systems Group from R11.9 million to R4.2 million for the financial periods ended
31 December 2010 and 31 December 2011, respectively.
The financial information on which this trading statement is based has not been
reviewed or reported on by O-line`s auditors and the financial results are
expected to be published on or about 28 February 2012.
Selby
23 February 2012
Designated Advisor:
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 23/02/2012 16:28:02 Produced by the JSE SENS Department.
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