BPL
BPL
Barplats Investments Limited - Trading Statement
BARPLATS INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004830/06)
Share code: BPL ISIN: ZAE000028692
("Barplats" or "the Company")
TRADING STATEMENT
In terms of the JSE Limited"s Listings Requirements, companies are required to
publish a trading statement as soon as they are reasonably certain that the
financial results for the current reporting period will be more than 20%
different than that of the prior comparative period.
In light of the above, shareholders are advised that Barplats expects to
announce a basic and headline loss per share of between (135) and (138) cents
for the six months ended 31 December 2005, compared to the prior corresponding
period of 11 and (14) cents respectively.
This decrease includes the impact of adopting International Financial Reporting
Standards ("IFRS") in respect of the accounting treatment for share based
payments. Had the Company not early adopted the accounting treatment for share
based payments which were incurred as a result of the company"s Black Economic
Empowerment transaction, the headline earnings per share would have been between
1 and 3 cents, compared to the previous period of (14) cents.
Shareholders are advised that the above information has not been reviewed or
reported on by the Company"s auditors and the Company"s results for the six
months ended 31 December 2005 are expected to be published on 24 February 2006.
Johannesburg
23 February 2006
Sponsor
Nedbank Capital
Date: 23/02/2006 09:15:44 AM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
