Crookes Brothers Limited - Updated Trading Statement And Further Cautionary
Release Date: 10/05/2004 12:00:00 Code(s): CKS
Crookes Brothers Limited - Updated Trading Statement And Further Cautionary
CROOKES BROTHERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
("the company")
Share code: CKS ISIN: ZAE000001434
UPDATED TRADING STATEMENT AND FURTHER CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the trading statement and cautionary announcement
published on SENS on 25 February 2004 ("the announcement"). In the announcement
it was advised that the company"s headline earnings per share for the year ended
31 March 2004 ("the 2004 HEPS") was expected to be materially lower than the
restated audited headline earnings per share for the year ended 31 March 2003
("the 2003 HEPS"). "Materially" different is defined in the Listings
Requirements of the JSE Securities Exchange South Africa ("JSE") as being a
change between 10% and 30%.
The company now advises that the 2004 HEPS will be significantly higher than the
2003 HEPS. "Significantly" different is defined in the JSE Listings Requirements
as being a change of less than 10%.
As these results have not been reviewed or reported on by the company"s
auditors, shareholders are advised to continue to exercise caution when dealing
in the company"s shares until the publication of the year end results on or
about 28 May 2004.
Renishaw
10 May 2004
Sponsor
SASFIN CORPORATE FINANCE
A DIVISION OF SASFIN BANK LIMITED
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