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SKJ - Sekunjalo - Trading Statement

Release Date: 28/10/2010 17:17
Code(s): SKJ
Wrap Text

SKJ - Sekunjalo - Trading Statement Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ & ISIN: ZAE000017893 ("Sekunjalo" or "the company" or "the group") TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that its financial results for the next reporting will differ by 20% or more from those of the corresponding reporting period of the previous year. The Board of Sekunjalo accordingly advises that they expect headline earnings per share and basic earnings per share for the year ended 31 August 2010 to be between 2.09c to 2.39c and 1.04c to 1.27c per share, respectively. Earnings per share have been impacted largely due to the fair valuation of the investments that were acquired by the group. It is anticipated that the annual financial results of Sekunjalo for the year ended 31 August 2010 will be released on SENS on or about 3 November 2010. The financial information on which this trading statement is based has not been fully reviewed and reported on by the company`s auditors. Cape Town 28 October 2010 Sponsor PSG Capital Date: 28/10/2010 17:17:01 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.

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