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NUT - Nutritional Holdings Limited - Trading Statement

Release Date: 09/05/2012 14:46
Code(s): NUT
Wrap Text

NUT - Nutritional Holdings Limited - Trading Statement NUTRITIONAL HOLDINGS LIMITED (Previously Imuniti Holdings Limited) (Incorporated in the Republic of South Africa) (Registration Number 2004/002282/06) Share code: NUT ISIN: ZAE000156485 ("the Company") TRADING STATEMENT In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the Company are likely to vary by more than 20% compared to the previous reporting period. The board of directors therefore wishes to advise shareholders that the Company expects to report a headline loss per share for the year ended 29 February 2012 to be between 0.33 cents and 0.35 cents per share compared to a headline earnings of 0.14 cents for the year ended 28 February 2011. The results for the previous corresponding period were affected by the IFRS requirements relating to the recognition of deferred tax assets on estimated tax losses which were recognised for the first time during the 2011 period. This recognition of deferred tax assets on estimated tax losses amounting to R7.6 million, which increased the headline earnings per share for the year ended 29 February 2011 from a loss of 0.54 cents to earnings of 0.14 cents per share. Shareholders are hereby advised that the company is currently in the process of finalising the results for the year ended 29 February 2012. The financial information on which this trading statement has been based has not been reviewed or reported on by the Company`s external auditors. The Company`s results for the year ended 28 February 2012 is expected to be published on or about 24 May 2012. Umhlanga 9 May 2012 Designated advisor: PSG Capital Proprietary Limited Date: 09/05/2012 14:46:01 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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