ING - Ingenuity Property Investments Limited - Further Trading Statement
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ING
ING - Ingenuity Property Investments Limited - Further Trading Statement
INGENUITY PROPERTY INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/018084/06)
ISIN: ZAE000127411 JSE share code: ING
("Ingenuity" or "the company")
FURTHER TRADING STATEMENT
Shareholders are referred to the trading statement released on SENS on 20 April
2012 ("the trading statement") and are advised that the company is now in a
position to give further guidance as follows:
* Ingenuity expects earnings per share ("EPS") for the six months ended
29 February 2012 to be between 60% to 70% lower than the prior
comparative period as was announced in the trading statement; and
* further, Ingenuity expects headline EPS for the six months ended 29
February 2012 to be between 65% to 75% lower than the prior
comparative period due to the increase in the tax rate computation of
Capital Gains Tax which was announced in the Budget in February 2012,
increasing the inclusion rate from 50% to 66.67%.
The above information has not been reviewed or reported on by the company`s
auditors and the company`s results for the six months ended 29 February 2012 are
expected to be published on or about 7 May 2012.
Cape Town
4 May 2012
Sponsor
Nedbank Capital
Date: 04/05/2012 17:30:01 Produced by the JSE SENS Department.
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