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AFX - African Oxygen Limited - Afrox trading update

Release Date: 19/07/2011 14:30
Code(s): AFX
Wrap Text

AFX - African Oxygen Limited - Afrox trading update AFRICAN OXYGEN LIMITED (Incorporated in the Republic of South Africa) (Registration number 1927/000089/06) JSE code: AFX NSX code: AOX ISIN: ZAE000067120 ("Afrox" or "the Group") AFROX TRADING UPDATE Afrox`s results for the six months ended 30 June 2011 are expected to be released on 19 July 2011. In compliance with the Listings Requirements of the JSE Limited and in respect of the six months ended 30 June 2011, and comparing it with the comparable six month period of last year ("comparable period") the Group hereby advises shareholders that: - headline earnings per share is expected to improve by 37% on those of the comparable period (included is a once-off gain on benefit funds of 7 cents per share, excluding the once-off, the expected improvement would be 19%). - basic earnings per share is expected to reduce by 55% on those of the comparable period as a result of plant impairment. Shareholders are advised that the financial information contained in this trading update has neither been reviewed nor reported on by the Group`s external auditors. Johannesburg 19 July 2011 JSE Sponsor One Capital NSX Sponsor Namibia Equity Brokers (Pty) Limited Date: 19/07/2011 14:30:01 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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