NUT
NUT
NUT - Nutritional Holdings Limited - Trading Statement
NUTRITIONAL HOLDINGS LIMITED
(Previously Imuniti Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration Number 2004/002282/06)
Share code: NUT ISIN: ZAE000156485
("the Company")
TRADING STATEMENT
In accordance with paragraph 3.4(b) of the Listings 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 reporting period.
The board of directors therefore wishes to advise shareholders that the Company
expects to report a headline loss per share for the year ended 29 February 2012
to be between 0.33 cents and 0.35 cents per share compared to a headline
earnings of 0.14 cents for the year ended 28 February 2011.
The results for the previous corresponding period were affected by the IFRS
requirements relating to the recognition of deferred tax assets on estimated tax
losses which were recognised for the first time during the 2011 period. This
recognition of deferred tax assets on estimated tax losses amounting to R7.6
million, which increased the headline earnings per share for the year ended 29
February 2011 from a loss of 0.54 cents to earnings of 0.14 cents per share.
Shareholders are hereby advised that the company is currently in the process of
finalising the results for the year ended 29 February 2012.
The financial information on which this trading statement has been based has not
been reviewed or reported on by the Company`s external auditors. The Company`s
results for the year ended 28 February 2012 is expected to be published on or
about 24 May 2012.
Umhlanga
9 May 2012
Designated advisor: PSG Capital Proprietary Limited
Date: 09/05/2012 14:46:01 Produced by the JSE SENS Department.
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