SER SRN
SER
SER/SRN - Seardel Investment Corporation Limited - Trading Statement
SEARDEL INVESTMENT CORPORATION LIMITED
Registration number: 1968/011249/06
(Incorporated in the Republic of South Africa)
JSE share code: SER ISIN: ZAE000029815
JSE share code: SRN ISIN: ZAE000030144
("Seardel" or "the company")
TRADING STATEMENT
In terms of the JSE Listings Requirements, companies are required to publish
a trading statement as soon as they are satisfied that a reasonable degree
of certainty exists that the financial results for the period to be reported
upon next will differ by at least 20% from the financial results for the
previous corresponding period.
Shareholders are advised that, as a result of the Company having settled the
litigation with former directors as detailed in the SENS announcement
published today ("Settlement of Litigation with Former Directors and
Officers"), the financial results of the Company for the year ended 31 March
2012 will reflect an increase of earnings per share and headline earnings
per share of at least 20% from the financial results for the previous
financial year. More accurate information will be provided when the Company
has greater certainty on its results for the year ending 31 March 2012.
The financial information on which this trading statement is based has not
been reviewed or reported on by the Company`s auditors.
16 March 2012
Cape Town
Sponsor
Investec Bank Limited
Date: 16/03/2012 14:01:01 Produced by the JSE SENS Department.
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