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BDM - Buildmax Limited - Trading Statement

Release Date: 20/05/2011 15:10
Code(s): BDM
Wrap Text

BDM - Buildmax Limited - Trading Statement Buildmax Limited (Registration No. 1995/012209/06) Share Code: BDM ISIN Code: ZAE000011250 ("Buildmax" or the "group") TRADING STATEMENT In terms 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 upon next will differ by at least 20% from the financial results for the previous corresponding period. Shareholders are referred to Buildmax`s reviewed interim results for 2011, released during November 2010, in which Buildmax stated that it expects an improvement in the group`s results for the second half of 2011 and highlighted the fact that a loss will still be reported. Shareholders are advised that Buildmax`s Headline Loss Per Share for continuing and discontinued operations for the year ended 28 February 2011 are expected to be between 20% and 30% lower than the year ended 28 February 2010. The Basic Loss Per Share for continuing and discontinued operations are expected to improve by between 75% to 90%. The information on which this trading statement has been based has not yet been reported on by the company`s auditors. The group`s audited financial results for the year ended 28 February 2011 are expected to be released on or about 31 May 2011. 20 May 2011 Sponsor Java Capital Date: 20/05/2011 15:10:01 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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