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WNH - Winhold Limited - Important trading statement and cautionary announcement

Release Date: 11/05/2012 16:05
Code(s): WNH
Wrap Text

WNH - Winhold Limited - Important trading statement and cautionary announcement to shareholders Winhold Limited (Incorporated in the Republic of South Africa) (Registration number 1945/019679/06) Share code: WNH ISIN: ZAE000033916 ("Winhold" or "the company") Important trading statement and cautionary announcement to shareholders Trading statement Winhold is in the process of completing the preparation of its results for the six months ended 31 March 2012, for release on or about 28 May 2012. During the period under review, market conditions remained weak. Shareholders are therefore advised that, for the six months ended 31 March 2012, headline earnings and earnings per share are expected to decline by 55 to 65% when compared to the corresponding period in the last financial year. However, the results are significantly better than those for the second half of last year, reflecting a profit as compared to a break-even result. Shareholders are advised that the information included in this announcement has not been reviewed or reported on by the company`s auditors. Cautionary announcement Shareholders are also advised that the company is discussing a strategic transaction, the full impact of which is currently subject to a negotiation process and is still being determined, and which may have a material effect on the market price of the company`s shares. Accordingly, shareholders are advised to exercise caution when dealing in the company`s shares until a further announcement in this regard is made. By order of the board Germiston 11 May 2012 Sponsor ARCAY MOELA Date: 11/05/2012 16:05:02 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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