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PPR - Putprop Limited - Trading Update

Release Date: 24/02/2011 11:29
Code(s): PPR
Wrap Text

PPR - Putprop Limited - Trading Update PUTPROP LIMITED Incorporated in the Republic of South Africa (Registration number 1988/001085/06) Share code: PPR ISIN:ZAE000072310 ("Putprop") 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 the previous corresponding period. Accordingly, a review of the financial results for the six month period ended 31 December 2010 by management has indicated that earnings per share is expected to be between 43.8 and 53.0 cents and headline earnings per share is expected to be between 35.5 and 41.8 cents, compared to earnings per share of 46.4 cents and headline earnings per share of 31.5 cents for the six month period ended 31 December 2009. The financial information on which this trading statement is based has not been reviewed or reported on by Putprop`s auditors. Putprop`s interim results are expected to be released on SENS on or about 15 March 2011. Johannesburg 24 February 2011 Sponsor Merchantec Capital Date: 24/02/2011 11:29:01 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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