CPN
CPN
CPN - Capricorn Investment Holdings Limited - Trading Statement
CAPRICORN INVESTMENT HOLDINGS LIMITED
(to be renamed Mine Restoration Investments Limited)
(Registration Number 1987/004821/06)
("Capricorn" or "the Company")
Share code: CPN (to be MRI) ISIN: ZAE000149951
TRADING STATEMENT
In terms of the JSE Listings Requirements, listed companies are required to
publish a trading statement as soon as the board of directors is satisfied
that a reasonable degree of certainty exists that the financial results for
the next reporting period will vary by more than 20% from those of the
previous corresponding reporting period or from a profit forecast or trading
statement previously provided to the market in relation to such period.
The board of directors of the Company has reasonable certainty that the
earnings per share for the year ended 29 February 2012 will be between 150%
and 170% lower and the headline earnings per share will be between 100% and
120% lower than the per share results for the prior period ended 28 February
2011.
The Company is finalising its reviewed results for the year ended 29 February
2012 and these are expected to be released shortly.
Shareholders are reminded that the Company is currently finalising its
reverse-listing and will, with effect from 11 June 2012, move to the Altx and
trade under its new name - Mine Restoration Investments Limited.
The information detailed above has not been reviewed or reported on by the
Company`s auditors.
Johannesburg
4 June 2012
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Corporate Advisors
AfrAsia Corporate Finance (Proprietary) Limited
Date: 04/06/2012 17:35:01 Produced by the JSE SENS Department.
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