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ACE - Accentuate Limited - Trading statement

Release Date: 24/03/2011 16:00
Code(s): ACE
Wrap Text

ACE - Accentuate Limited - Trading statement Accentuate Limited (Incorporated in the Republic of South Africa) (Registration number 2004/029691/06) JSE Share code: ACE ISIN: ZAE000115986 ("Accentuate" or "the Company") TRADING STATEMENT In terms of section 3.4 (b) of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on will differ by at least 20% or more from the financial results for the previous corresponding period. Shareholders are advised that Accentuate is currently finalising its results for the six months ended 31 December 2010. Accentuate is expecting an loss per share of between 27.00 and 32.00 cents per share which is down from earnings per share of 8.31 cents per share for the comparative period, and headline earnings per share between 2.00 and 5.00 cents per share down from 8.25 cents per share for the comparative period. The financial information on which this trading statement is based has not been reviewed by Accentuate`s auditors. The results for the six months ended 31 December 2010 will be published on SENS on or about 29 March 2011. 24 March 2011 Johannesburg Designated Adviser: Bridge Capital Advisors (Pty) Limited Date: 24/03/2011 16:00:01 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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