WEA
WEA
WEA - W G Wearne Limited - Trading Statement
W G WEARNE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005983/06)
(Share Code: WEA ISIN Code: ZAE000078002)
("Wearne" or "the Company")
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the JSE Limited ("JSE") Listings Requirements,
companies are required to publish a trading statement as soon as they become
reasonably certain that the financial results for the period to be reported on
will differ by more than 20% from the previous corresponding period.
Wearne is currently finalising its annual results for the year ended 29 February
2012 and shareholders are advised that the directors expect a headline loss per
share and loss per share of between 21.5 cents and 24 cents and 22 and 24.5
cents per share respectively compared to a headline loss per share of 21.12
cents and a loss per share of 60.28 cents for the year ended 28 February 2011.
The financial information on which this trading statement is based has not been
reviewed by Wearne`s auditors.
The Company`s financial results for the year ended 29 February 2012 are expected
to be released by the end of May 2012.
29 May 2012
Johannesburg
Designated Advisor
Exchange Sponsors
Date: 29/05/2012 09:31:01 Produced by the JSE SENS Department.
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