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AMS - Anglo Platinum Trading Statement - Anglo Platinum trading statement

Release Date: 17/05/2010 15:07
Code(s): AMS
Wrap Text

AMS - Anglo Platinum Trading Statement - Anglo Platinum trading statement Anglo Platinum Trading Statement Issuer Long Name : Anglo Platinum Limited Registration No. : 1946/022452/06 Instrument Alpha Code/Ticker Symbol : AMS ISIN : ZAE000013181 ANGLO PLATINUM TRADING STATEMENT In accordance with section 3.4(b) of the Listings Requirements of the JSE Limited. Anglo Platinum hereby advises shareholders that both basic earnings per share and headline earnings per share for the half year ended 30 June 2010 are expected to increase by at least 20% from the basic earnings per share of 1,144 cents and headline earnings per share of 169 cents for the half-year ended 30 June 2009. This is despite the increase in number of shares in issue following the rights offer. The expected increase in earnings is primarily as a result of the higher Rand prices achieved on metals sold. In addition, basic earnings will be impacted by the profit on the disposal of the Group`s 37% interest in the Western Bushveld joint venture to Wesizwe Platinum Limited. Once the company has reasonable certainty of the range of increase, such range will be published in a further trading statement. The financial information on which this trading statement is based has not been reviewed and reported on by the Company`s auditors. Anglo Platinum intends publishing its interim results on Monday, 26 July 2010. For further information please contact Anna Mulholland 011 373 6683 Johannesburg 17 May 2010 Sponsor Merrill Lynch South Africa (Pty) Limited Date: 17/05/2010 15:07:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.