CPN
CPN
CPN - Capricorn Investment Holdings Limited - Trading statement
CAPRICORN INVESTMENT HOLDINGS LIMITED
(formerly Cenmag Holdings Limited)
(Registration Number 1987/004821/06)
("Capricorn" or "the Company")
Share code: CPN 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
previously provided to the market in relation to such period.
Accordingly, both the earnings per share and headline earnings per share
relating to the unaudited results of the Company for the six-month period
ended 31 August 2011 are expected to be between 100% and 110% lower than
the earnings per share and headline earnings per share relating to the
unaudited results of the Group (prior to the disposal of the operating
subsidiaries) as reported for the six-month period ended 31 August 2010,
resulting in a small loss per share and headline loss per share.
Shareholders are reminded that the Company is currently a cash shell
pending the reverse-listing of new assets, as announced on SENS on 15
December 2011. Accordingly, the results for the six-month period ended 31
August 2011 not comparable to those published for the prior six-month
period ended 31 August 2010.
The information detailed above has not been reviewed or reported on by the
Company`s auditors.
Johannesburg
29 December 2011
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
(Registration number 2006/033725/07)
Date: 29/12/2011 12:30:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.