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LHC - Life Healthcare Group Holdings Limited - Trading update

Release Date: 29/07/2011 12:25
Code(s): LHC
Wrap Text

LHC - Life Healthcare Group Holdings Limited - Trading update LIFE HEALTHCARE GROUP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2003/002733/06) ISIN: ZAE000145892 Share Code: LHC ("Life Healthcare" or "the group") TRADING UPDATE The group`s results for the year ending 30 September 2011 are expected to show an improvement of more than 20% from those reported for the year ended 30 September 2010. This arises due to, inter alia, costs associated with the listing of the company in the 2010 financial year, the most significant of which was the Secondary Tax on Companies charge. Accordingly, the group is required to issue a trading statement. Life Healthcare cannot at this stage with reasonable certainty, quantify the extent of its results for the year ending 30 September 2011. A trading statement for the year ending 30 September 2011 will be issued later in the reporting period, which should be before the end of October 2011. The forecast financial information on which this trading update is based has not been reviewed and reported on by the group`s external auditors. Illovo 29 July 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 29/07/2011 12:25:02 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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