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RTO/RTN/RTOP - Rex Trueform - Trading Statement

Release Date: 23/02/2012 12:00
Code(s): RTO RTOP RTN
Wrap Text

RTO/RTN/RTOP - Rex Trueform - Trading Statement REX TRUEFORM CLOTHING COMPANY LIMITED (Incorporated in the Republic of South Africa) Registration number 1937/009839/06 Share code: RTO ISIN: ZAE000006144 Share code: RTN ISIN: ZAE000009700 Share code: RTOP ISIN: ZAE000006151 "Rex Trueform" or "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 are reasonably certain that the financial results for the current reporting period will be more than 20% different from those of the previous corresponding period. Shareholders were advised on 16 November 2011 regarding the prospects of the group for the first half of the 2012 financial year and particularly the expected negative impact of the withdrawal of the Duty Credit Certificate benefit on operating profit. Accordingly shareholders are advised that Rex Trueform expects headline earnings per share and earnings per share to be between 22% and 26% lower for the six months ended 31 December 2011 as compared to the previous corresponding period. The above information has not been reviewed or reported on by Rex Trueform`s external auditors. The Company`s results for the half year ended 31 December 2011 are expected to be published on or about 9 March 2012. 23 February 2012 Sponsor Java Capital Date: 23/02/2012 12:00:02 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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