RAR
RAR
RAR - Rare Holdings Limited - Trading Update
RARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2002/025247/06
Share Code: RAR ISIN: ZAE000092714
("Rare" or "the Company")
TRADING UPDATE
In accordance with paragraph 3.4(b) of the Listing Requirements of the JSE
Limited, companies are required to inform shareholders as soon as there is a
reasonable degree of certainty that the earnings of the company are likely to
vary by more than 20% compared to the previous corresponding reporting
period.
Shareholders are hereby advised that the Company is currently in the process
of finalising its interim results for the six months ended 31 December 2011.
The basic loss per share for this period is expected to be between 28.0 cents
and 30.4 cents per share and the headline loss per share is expected to be
between 27.1 cents and 29.5 cents per share, compared to the basic and
headline loss per share of 12.02 cents, reported for the previous comparable
interim period, ended 31 December 2010.
The basic loss per share from continuous operations for the six months ended
31 December 2011, is expected to be between 23.8 cents and 25.4 cents per
share and the headline loss per share from continuous operations is expected
to be between 23.0 cents and 24.6 cents compared to the basic and headline
loss per share from continuous operations of 7.8 cents, reported for the
previous comparable interim period ended 31 December 2010. The information
in this trading statement has not been reviewed by the Company`s external
auditors.
Johannesburg
11 April 2012
Designated advisor: PSG Capital Proprietary Limited
Date: 11/04/2012 17:00:02 Produced by the JSE SENS Department.
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