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PNC - Pinnacle Technology Holdings Limited - Trading statement

Release Date: 09/06/2011 11:00
Code(s): PNC
Wrap Text

PNC - Pinnacle Technology Holdings Limited - Trading statement Pinnacle Technology Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1986/000334/06) Share code: PNC ISIN: ZAE000022570 ("Pinnacle" or "the company") TRADING STATEMENT In terms of the Listings Requirements of JSE Limited ("JSE"), companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will be more than 20% different from that of the previous corresponding period. Shareholders are advised that for the 12 months ending 30 June 2011 headline earnings per share are projected to be at least 106 cents per share, being at least 30% higher than the results of the comparative period (30 June 2010: 81.3 cents per share). Earnings per share is also projected to be at least 106 cents per share, (based on 181 976 409 shares) being at least 38% higher than the results of the comparative period (30 June 2010: 76.7 cents per share, based on 181 474 983 shares). The above information has not been reviewed or reported on by the company`s auditors. The company`s financial results for the 12 months ending 30 June 2011 are expected to be published on or about middle of September 2011. Midrand 9 June 2011 Sponsor Deloitte & Touche Sponsor Services (Pty) Limited Date: 09/06/2011 11:00:02 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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