|
JSE
JSE
JSE Limited - Trading Statement
JSE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2005/022939/06)
Share Code: JSE
ISIN Code: ZAE000079711
("JSE")
TRADING STATEMENT
Shareholders are advised that the consolidated earnings and headline
earnings per share of the JSE for the six-month period ended 30 June
2006 will be impacted by a number of events, including those approved
by the shareholders at the general meeting held on 9 May 2006.
These include:
- exceptional market activity;
- a no-claim bonus of R26 million received by the JSE Guarantee
Fund Trust from one of its insurance underwriters*;
- the impact of the issue of the first tranche of JSE Shares in
terms of the BBBEE initiative, giving rise to the JSE Empowerment
Fund Trust (JEF), amounting to approximately R18 million;
- the impact of the issue of the first tranche of JSE Shares in
terms of the BBBEE initiative for the Black Shareholder Retention
Scheme, amounting to approximately R12 million;
- the issue of the first portion of participation interests in
terms of the Employee Scheme, amounting to approximately
R4 million for the six month period;
- the subdivision of JSE Shares on a 10 for 1 share split,
effective 5 June 2006;
- the dividend of 13.6 cents per JSE Share for the 2005 financial
year, which will also be paid from the profit for the current period;
and
- the recognition of the JSE as a tax paying entity with effect
from 1 July 2005.
Taking into account the aggregated effect of the above, it is
expected that the JSE"s earnings per share and headline earnings per
share will increase by between 90% and 110% compared to the
comparable period last year.
*Shareholders are reminded that, although the JSE Guarantee Fund
Trust and the JSE Derivative Fidelity Fund Trust are consolidated in
compliance with IFRS, based on the JSE"s control over these funds,
they are legally separate from the JSE and neither the JSE nor its
shareholders have any right to the net assets of such trusts.
Shareholders are advised that the information provided in this
trading statement has not been reviewed and/or reported on by the
auditors.
Gary Clarke
Company Secretary
Sandton
11 July 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 11/07/2006 12:05:14 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
