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POY - Poynting - Trading Update

Release Date: 18/09/2008 14:42
Code(s): POY
Wrap Text

POY - Poynting - Trading Update POYNTING HOLDINGS LIMITED (Formerly Poynting Innovations (Proprietary) Limited) Incorporated in the Republic of South Africa (Registration number 1997/011142/06) Share code: POY & ISIN: ZAE000121299 ("Poynting") TRADING UPDATE In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of a forecast issued in relation to such period. Accordingly, a review of the financial results for the year ended 30 June 2008 by management has indicated that earnings per share and headline earnings per share are expected to be between 20% and 40% lower than those in the forecast included in the prospectus issued on 26 June 2008. The financial information on which this trading statement is based has not been reviewed or reported on by Poynting`s auditors. Poynting`s financial results are expected to be released on SENS on or about 26 September 2008. Johannesburg 18 September 2008 Designated Adviser Merchant Sponsors (Proprietary) Limited Date: 18/09/2008 14:42:01 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.