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PLL - Platfields Limited - Supplementary Trading Statement

Release Date: 16/05/2011 17:22
Code(s): PLL
Wrap Text

PLL - Platfields Limited - Supplementary Trading Statement PLATFIELDS LIMITED (Registration number 2002/005851/06) Share code: PLL ISIN:ZAE000151825 ("Platfields" or "the company") SUPPLEMENTARY TRADING STATEMENT Platfields listed in the Basic Resources - Platinum and Precious metals sector of the Main Board of the JSE on 14 December 2010 and is set to release its first set of financial statements as a listed company in respect of the year ended 28 February 2011 by 30 May 2011. Platfields is an exploration company with a focus on precious metals exploration and mining. In respect of the year ended 28 February 2010 Platfields reported a loss per share ("LPS") and headline loss per share ("HLPS") of 26.37 cents per share. The company expects to report LPS and HLPS of between 17.14 and 11.86 for the year ended 28 February 2011, translating to a decrease of between 35% and 55% respectively from LPS and HLPS for the year ended 28 February 2010, as communicated to shareholders on 13 May 2011. The information on which this trading statement has been based has not yet been reviewed or reported on by the company`s auditors. The group`s annual financial results for the year ended 28 February 2011 are expected to be released on or about 30 May 2011. 16 May 2011 Sponsor Java Capital Date: 16/05/2011 17:22:54 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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