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RAR - Rare Holdings Limited - Trading statement

Release Date: 28/03/2011 09:33
Code(s): RAR
Wrap Text

RAR - Rare Holdings Limited - Trading statement RARE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration Number: 2002/025247/06 Share Code: RAR ISIN: ZAE000092714 ("the Company") TRADING STATEMENT In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a company is required to publish a trading statement as soon as it becomes aware, with a reasonable degree of certainty, that the financial results for the next period to be reported on are likely to vary by more than 20% from the previous corresponding period. Shareholders are hereby advised that the Company has a reasonable degree of certainty that it will report a basic loss per share and headline loss per share of between 11.12 cents and 12.92 cents attributable to ordinary shareholders for the six months ended 31 December 2010, compared to a basic loss per share and headline loss per share of 8.98 cents and 9.02 cents, respectively, for the previous corresponding period. This trading statement has not been reviewed or reported on by the Company`s external auditors. Johannesburg 28 March 2011 Designated Adviser: PSG Capital (Proprietary) Limited Date: 28/03/2011 09:33:53 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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