Petmin - Trading statement and South African Reser
PET
PET
Petmin - Trading statement and South African Reserve Bank approval for
secondary listing granted
Petmin Limited
(Formerly Petra Mining Limited)
Incorporated in the Republic of South Africa
Registration Number 1972/001062/06
Share Code: PET & ISIN: ZAE000076014
("Petmin", "the company" or "the group")
Trading statement and South African Reserve Bank approval for secondary
listing granted
Shareholders of Petmin are hereby advised that headline earnings per share
for the full year ended 30 June 2006 are expected to be approximately 4.9
cents per share, an increase of 51 %. Basic earnings per share are expected
to be approximately 16.3 cents per share, a decrease of 2.6 %.
The difference between the headline and basic earnings per share is due to
profit generated on the acquisition of subsidiaries.
The reviewed financial results for the year ended 30 June 2006 are expected
to be published before 15 September 2006 and shareholders are accordingly
requested to be aware of the above facts when dealing in their shares until
publication of the financial results. The financial information in this
trading statement has not been reviewed or audited by the company"s
auditors.
The board is also pleased to announce that the South African Reserve Bank
has granted the company an in principle approval to pursue a secondary
listing on the London Stock Exchange - Alternative Investments Market
("AIM").Shareholders will be informed in due course on the intended action
required to obtain shareholder approval for the AIM listing.
August 30, 2006
Johannesburg
Sponsor and Corporate Advisor
River Group
Date: 31/08/2006 08:00:05 AM Produced by the JSE SENS Department
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