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DLV - Dorbyl Limited - Trading statement

Release Date: 18/10/2011 13:37
Code(s): DLV
Wrap Text

DLV - Dorbyl Limited - Trading statement DORBYL LIMITED (Incorporated in the Republic of South Africa) Registration Number: 1911/001510/06 Share Code: DLV ISIN: ZAE000002184 ("the Company") TRADING STATEMENT In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the financial results of the company are likely to differ by more than 20% compared to the financial results for the previous corresponding period. Shareholders are advised that the Company is in the process of finalising its results for the six months ended 30 September 2011 and is expecting to report a basic loss and headline loss per share attributable to ordinary shareholders for this period. The losses are expected to be in excess of 20% compared to basic loss per share and headline earnings per share reported during the corresponding previous period. Although the Company has a reasonable degree of certainty that these losses, compared to the results of the previous corresponding period, will differ by at least 20%, it is currently unable to quantify the expected financial results for the period to be reported on. An updated trading statement will be released once the Company is able to quantify, with reasonable certainty, the expected range of the financial results. The information in this trading statement has neither been reviewed or reported on by the Company`s external auditors. Johannesburg 18 October 2011 Sponsor: PSG Capital (Proprietary) Limited Date: 18/10/2011 13:37:40 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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