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POY - Poynting Holdings Limited - Trading Statement

Release Date: 03/02/2012 13:15
Code(s): POY
Wrap Text

POY - Poynting Holdings Limited - Trading Statement POYNTING HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1997/011142/06) Share code: POY ISIN: ZAE000121299 ("Poynting") TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported upon next will differ by at least 20% from the previous corresponding period. Shareholders are advised that Poynting is currently finalising its results for the six months ended 31 December 2011 and expects its earnings per share and headline earnings per share for the six months ended 31 December 2011 to improve to at least a profit of 1.42 cents per share compared to the previous corresponding period`s loss per share and headline loss per share of 3.15 cents and 1.85 cents respectively. The range, within 20%, by which the earnings per share and headline earnings per share will increase cannot be determined with a reasonable degree of certainty at this stage. Further information, as required in terms of the JSE Listings Requirements, will be provided to shareholders as soon as there is a greater degree of certainty. The information on which this trading statement has been based has not been reviewed or reported on by Poynting`s auditors. Poynting`s unaudited interim financial results for the six months ended 31 December 2011 are expected to be released on SENS on or about 29 February 2012. Johannesburg 3 February 2012 Designated Adviser Merchantec Capital Date: 03/02/2012 13:15:01 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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