| Thu 26 Apr 2012, 11:23 | | SNV - Santova - Trading statement |
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SNV
SNV
SNV - Santova - Trading statement
SANTOVA LIMITED
(Registration Number 1998/018118/06)
Share Code: SNV ISIN: ZAE000159711
("Santova" or "the Company")
TRADING STATEMENT
In terms of the listing requirements of the JSE Limited ("JSE"), a company has
to publish a trading statement if an increase or decrease of more than 20%
(compared to the previous reporting period) in its basic earnings per share or
headline earnings per share is expected.
Shareholders of Santova are advised that Group earnings and Group headline
earnings per share for the year ended 29 February 2012 will be approximately
15,82 cents and 15,99 cents per share, respectively, an increase of 26,1% and
50.1% respectively, to the last published 28 February 2011 annual results, after
having adjusted the prior year figures for the effects of the 10:1 share
consolidation, approved by shareholders on 6 October 2011.
The increase in Group earnings and Group headline earnings per share can be
attributed to the general improvement in trading levels experienced primarily in
the Group`s South African based subsidiaries during the year.
This trading statement and SENS announcement has not been reviewed or audited by
the Company`s auditors, Deloitte & Touche.
The Company expects to publish its audited abridged Group results for the year
ended 29 February 2012, after Board approval, on or about 16 May 2012 and post
its integrated report on or about 28 May 2012.
Durban
26 April 2012
JSE Sponsor
River Group
Date: 26/04/2012 11:23:01 Produced by the JSE SENS Department.
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