Elexir Technology Holdings Limited - Trading Update And Cautionary Announcement
Elexir Technology Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/004365/06)
(JSE Code: ELX & ISIN Code: ZAE000016663)
(`Elexir` or `the Company`)
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT
In terms of the Listings Requirements of the JSE Securities Exchange South
Africa (`JSE`), a listed company is required to publish a trading statement as
soon as it becomes aware that its financial results for the next reporting
period will be substantially different from those of the corresponding period of
the previous year.
Shareholders are advised that it is anticipated that the earnings and headline
earnings for the six months ended 28 February 2004 are likely to be
substantially lower (`substantially` being an decrease greater than 30%, as
defined in the revised JSE Securities Exchange South Africa (`the JSE`) Listings
Requirements) than those reported in the corresponding period of the previous
year.
As the forecast has not been reviewed or reported on by the Company`s auditors,
shareholders are advised to exercise caution when dealing in the Company`s
shares on the JSE until the release of the final reviewed results for the six
months ended 28 February 2004, which are expected to be published on or about 31
May 2004.
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that negotiations are in progress which, if
successfully concluded may have a material effect on the price of the company`s
securities. Accordingly, shareholders are advised to exercise caution when
dealing in the company`s securities until a full announcement is made.
24 May 2004
Johannesburg
Corporate Adviser Sponsor
Corporate Solutions Exchange Sponsors
Date: 24/05/2004 03:28:05 PM
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