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SKW - Skinwell Holdings Limited - Trading statement

Release Date: 20/04/2011 17:43
Code(s): SKW
Wrap Text

SKW - Skinwell Holdings Limited - Trading statement SKINWELL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2003/025374/06) JSE code: SKW ISIN: ZAE000135893 ("Skinwell" or "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 at least 20% from the previous corresponding period. Shareholders are advised that the company is in the process of finalising its results for the year ended 28 February 2011, and expects to reflect a basic loss and headline loss per share of between 0.19 cents and 0.28 cents per share when compared to a basic loss and headline loss per share of 16.6 cents and 13.7 cents respectively for the year ended 28 February 2010. The financial information on which this trading update is based has not been reviewed or reported on by the company`s auditors. The company`s results for the year ended 28 February 2011 are expected to be released on SENS on or about 20 May 2011. 20 April 2011 Designated Adviser Grindrod Bank Limited Date: 20/04/2011 17:43:01 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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