Labat - Delay Of Release Of Provisional Accounts F
Labat - Delay Of Release Of Provisional Accounts For The Year Ended 28 February
2005
LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
Share Code: LAB
ISIN: ZAE000018354
(`Labat`)
DELAY OF RELEASE OF PROVISIONAL ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2005
Following the announcement to the shareholders by Labat on 6 June 2005, Labat
advised its shareholders that there would be a delay in the publication of the
2005 provisional accounts, a possible restatement of the 2004 annual financial
statements (`2004 AFS`) and a delay in the publication of the circular relating
to the disposal by Labat of its retail business, Acme Stores (Proprietary)
Limited (`the Retail Disposal`) until mid July 2005. Shareholders were informed
that Labat and its auditors are attending to these matters.
The matter relating to the 2004 AFS has now been dealt with and the results of
the review of the 2004 AFS have been submitted to the JSE Securities Exchange
South Africa (`JSE`) for approval of the publication of a detailed announcement.
The publication of the provisional accounts for the year ended 28 February 2005
as well as the publication of the circular relating to the Retail Disposal are
being delayed until the aforementioned approval is received from the JSE.
The results for the year ended 28 February 2005 are targeted to be published on
8 July 2005. In accordance with the process agreed by the JSE, the 2005 results
will only be published once the aforementioned detailed announcement relating to
the 2004 AFS has been published.
Johannesburg
4 July 2005
Sponsor to Labat
- Brait Sponsors -
Date: 04/07/2005 04:00:02 PM
Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
