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SNV - Santova - Trading statement

Release Date: 26/04/2012 11:23
Code(s): SNV
Wrap Text

SNV - Santova - Trading statement SANTOVA LIMITED (Registration Number 1998/018118/06) Share Code: SNV ISIN: ZAE000159711 ("Santova" or "the Company") TRADING STATEMENT In terms of the listing requirements of the JSE Limited ("JSE"), a company has to publish a trading statement if an increase or decrease of more than 20% (compared to the previous reporting period) in its basic earnings per share or headline earnings per share is expected. Shareholders of Santova are advised that Group earnings and Group headline earnings per share for the year ended 29 February 2012 will be approximately 15,82 cents and 15,99 cents per share, respectively, an increase of 26,1% and 50.1% respectively, to the last published 28 February 2011 annual results, after having adjusted the prior year figures for the effects of the 10:1 share consolidation, approved by shareholders on 6 October 2011. The increase in Group earnings and Group headline earnings per share can be attributed to the general improvement in trading levels experienced primarily in the Group`s South African based subsidiaries during the year. This trading statement and SENS announcement has not been reviewed or audited by the Company`s auditors, Deloitte & Touche. The Company expects to publish its audited abridged Group results for the year ended 29 February 2012, after Board approval, on or about 16 May 2012 and post its integrated report on or about 28 May 2012. Durban 26 April 2012 JSE Sponsor River Group Date: 26/04/2012 11:23:01 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. SNV SNV - Santova - Trading statement SANTOVA LIMITED (Registration Number 1998/018118/06) Share Code: SNV ISIN: ZAE000159711 ("Santova" or "the Company") TRADING STATEMENT In terms of the listing requirements of the JSE Limited ("JSE"), a company has to publish a trading statement if an increase or decrease of more than 20% (compared to the previous reporting period) in its basic earnings per share or headline earnings per share is expected. Shareholders of Santova are advised that Group earnings and Group headline earnings per share for the year ended 29 February 2012 will be approximately 15,82 cents and 15,99 cents per share, respectively, an increase of 26,1% and 50.1% respectively, to the last published 28 February 2011 annual results, after having adjusted the prior year figures for the effects of the 10:1 share consolidation, approved by shareholders on 6 October 2011. The increase in Group earnings and Group headline earnings per share can be attributed to the general improvement in trading levels experienced primarily in the Group`s South African based subsidiaries during the year. This trading statement and SENS announcement has not been reviewed or audited by the Company`s auditors, Deloitte & Touche. The Company expects to publish its audited abridged Group results for the year ended 29 February 2012, after Board approval, on or about 16 May 2012 and post its integrated report on or about 28 May 2012. Durban 26 April 2012 JSE Sponsor River Group Date: 26/04/2012 11:23:01 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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