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WIL - Wilderness Holdings Limited - Trading Statement

Release Date: 18/05/2012 07:05
Code(s): WIL
Wrap Text

WIL - Wilderness Holdings Limited - Trading Statement Wilderness Holdings Limited (Registration number 2004/2986) (Registered as an external company in South Africa Registration number 2009/022894/10) ISIN: BW0000000868 Share code: WIL ("Wilderness" or "the Group" or "the Company") TRADING STATEMENT In terms of the Listings Requirements of the Botswana Stock Exchange, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that its financial results (as measured by net profit after tax) for the next reporting period will differ by 10% or more from those of the previous corresponding reporting period ("comparative period"). The Board of Wilderness hereby announces that the Group`s results for the year ended 29 February 2012 are likely to be significantly lower from those achieved in the comparative period. This is mainly attributable to the inclusion of capital profits in the prior period. At the same time, it is recorded that the Group`s operating results are in line with those of the comparative period. Therefore shareholders and investors are advised to exercise caution when trading in the Company`s securities until the release of the Group`s results for the year ended 29 February 2012. The financial information on which this trading statement is based has not been reviewed and reported on by the Group`s auditors. The results are expected to be released on the Botswana Stock Exchange website and on SENS on or about 30 May 2012. Wilderness will hold a results presentation at the Gaborone Sun conferencing rooms, Chuma Drive, Gaborone, Botswana on 30 May 2012 at 11:00 and at the Holiday Inn Sandton, 123 Rivonia Road, Sandton, Johannesburg in the Tanzanite room on 31 May 2012 at 11:00. All interested parties are invited to attend. Please RSVP to investor@wilderness.co.za before 24 May 2012. For further information, please contact: Julia Swanepoel Telephone: +27 11 257 5054 Email: julias@wilderness.co.za Botswana 18 May 2012 Sponsoring broker Capital Securities (A member of the Botswana Stock Exchange) JSE sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/05/2012 07:05:03 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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