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LAB - Labat Africa - Trading statement for the interim period 31 August 2011

Release Date: 28/11/2011 14:05
Code(s): LAB
Wrap Text

LAB - Labat Africa - Trading statement for the interim period 31 August 2011 LABAT AFRICA LIMITED Incorporated in the Republic of South Africa) (Registration number: 1986/001616/06) Share Code: LAB ISIN: ZAE000018354 ("Labat" or "the company") TRADING STATEMENT FOR THE INTERIM PERIOD 31 AUGUST 2011 In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE Limited, listed 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 be more than 20% different from those of the previous corresponding period or from a profit forecast previously provided to the market in relation to such period. Accordingly, shareholders are advised that the Company expects that the earnings per share for the six months period ended 31 August 2011 will be between 245% and 265% better than the prior period ended 31 August 2010 and the headline earnings per share for the six months period ended 31 August 2011 will be between 300% and 320% better than the prior period ended 31 August 2010. This trading statement has not been reviewed by the company`s auditors. Johannesburg 28 November 2011 Sponsors Arcay Moela Sponsors (Pty) Ltd Date: 28/11/2011 14:05:00 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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