SAN - Sanyati Holdings Limited - Trading statement for the year
SAN
SAN
SAN - Sanyati Holdings Limited - Trading statement for the year
ended 29 February 2012
Sanyati Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1988/002538/06
Share code: SAN
ISIN code: ZAE000081055
("Sanyati" or "the group")
TRADING STATEMENT FOR THE YEAR ENDED 29 FEBRUARY 2012
In terms of the Listings Requirements of the JSE Limited,
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 on will differ by 20% or more from the
financial results for the previous corresponding period.
Shareholders are advised that the headline earnings per share
("HEPS") for the year ended 29 February 2012 is expected to be
a loss of approximately 4,5 cents per share (2011: profit of
8,46 cents per share). As a result of an impairment to the
carrying value of goodwill of approximately R105 million, the
earnings per share ("EPS") is expected to be a loss in the
current year of approximately 30 cents per share (2011: loss
of 29.75 cents per share).
The group is in the final stages of finalising its audited
results for the year ended 29 February 2012 which are expected
to be published on SENS on 16 May 2012.
Shareholders are further advised that the above information
has not been reviewed or reported on by the group`s auditors.
Bryanston
9 May 2012
Sponsor
KPMG Services (Pty) Limited
Date: 10/05/2012 07:05:22 Produced by the JSE SENS Department.
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