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CKS - Crookes Brothers Limited - Trading statement

Release Date: 26/05/2011 16:14
Code(s): CKS
Wrap Text

CKS - Crookes Brothers Limited - Trading statement CROOKES BROTHERS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1913/000290/06) Share code: CKS ISIN: ZAE000001434 ("Crookes" or "the company") TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited relating to Trading Statements, a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the next period to be reported on will differ by at least 20% or more from those of the previous corresponding period. Shareholders are advised that the company`s earnings per share for the twelve month period ended 31 March 2011 is expected to be between 440% and 460% higher and headline earnings per share is expected to be between 120% and 140% higher than the results of the previous corresponding period. The difference between the earnings and headline earnings figures is due to the capital profit on the sale of the Komatipoort Estate to the National Department of Land Affairs. The financial information on which this trading statement is based has not been reviewed or reported upon by the company`s auditors. The company`s results for the twelve month period ended 31 March 2011 are expected to be published on 31 May 2011. Renishaw 26 May 2011 Sponsor Sasfin Capital A Division of Sasfin Bank Limited Date: 26/05/2011 16:14:02 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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