Trading Statement
NORTHAM PLATINUM LIMITED
(Registration number 1977/003282/06)
(Incorporated in the Republic of South Africa)
JSE Code: NHM ISIN: ZAE000030912
(“the company” or “the group”)
TRADING STATEMENT
Shareholders are advised that the group’s earnings and headline earnings per share
for the six months ended 31 December 2012 are estimated to be between 30% and
45% lower than in the previous comparable period. Earnings per share of 51.8 cents
and headline earnings per share of 51.9 cents were reported for the six months
ended 31 December 2011.
The anticipated decline in earnings reflects the finance costs incurred on borrowings
and a higher effective tax charge during the period under review. Operating profit for
the six months ended 31 December 2012 is expected to be higher than for the period
ended 31 December 2011.
The weighted average number of shares in issue for the period ended 31 December
2012 was 382 536 125, compared to 382 416 190 shares in issue for the period
ended 31 December 2011.
This estimate has not been reviewed or reported on by the company’s auditors.
It is anticipated that the interim results for the six months ended 31 December 2012
will be released on or about 22 February 2013.
Johannesburg
5 February 2013
Sponsor:
One Capital
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