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VUN - Vunani Limited - Trading Statement

Release Date: 29/08/2011 16:02
Code(s): VUN
Wrap Text

VUN - Vunani Limited - Trading Statement VUNANI LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/020641/06) JSE code: VUN ISIN: ZAE000110359 ("the company") TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the next period to be reported on will differ by more than 20% from that of the previous corresponding period. Shareholders are advised that the company expects its results for the six months ended 30 June 2011 to reflect a reduction in the loss per share of between 75% and 95% when compared to the results of the comparative period last year. Furthermore, the company expects its results to reflect a reduction in the headline loss per share of between 70% and 90% when compared to the results of the comparative period last year. The financial information on which this trading statement is based has not been reviewed or reported on by the company`s auditors. Sandton 29 August 2011 Independent Designated Adviser Grindrod Bank Limited Joint Designated Adviser Vunani Corporate Finance Date: 29/08/2011 16:02:01 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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