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AET - Alert Steel Holdings Limited - Trading Statement

Release Date: 22/03/2012 07:18
Code(s): AET
Wrap Text

AET - Alert Steel Holdings Limited - Trading Statement ALERT STEEL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2003/005144/06) JSE code: AET ISIN: ZAE000092847 ("Alert Steel" or "the Company") TRADING STATEMENT Alert Steel is in the process of completing the preparation of its results for the six months ended 31 December 2011 for release on or about 27 March 2012. In terms of paragraph 3.4(b) 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 period to be reported on next will differ by at least 20% from those of the previous corresponding period. Accordingly, shareholders are advised that: There has been a positive turn around in operations, resulting in an improvement in loss per share ("LPS") of between 90% and 96% to a loss of between 1.4 to 3.4 cents per share (2011: LPS of 33.9 cents per share). Headline loss per share ("HLPS") has improved between 88% and 96% to a loss of between 1.1 to 3.2 cents per share (2011: HLPS of 26.7 cents per share). Shareholders are advised that the information included in this announcement has not been reviewed or reported on by the Company`s auditors. Pretoria 22 March 2012 Designated Advisor QuestCo (Pty) Limited Date: 22/03/2012 07:18:01 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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