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ANA - Adrenna Property Group Limited - Trading Statement

Release Date: 28/05/2012 13:46
Code(s): ANA
Wrap Text

ANA - Adrenna Property Group Limited - Trading Statement ADRENNA PROPERTY GROUP LIMITED (Formerly Colliers South Africa Holdings Limited) (Registration Number 1998/012245/06) Share code: ANA ISIN:ZAE000163580 ("the Group" or "Adrenna" ) TRADING STATEMENT In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ, by at least 20%, from those of the previous corresponding period. Shareholders are advised that the group`s headline earnings per share (exclusive of the entities disposed of) for the year ended 29th February 2012 are expected to be 140% to 145% better than the headline loss per share for the previous year. Earnings per share (excluding the entities disposed of) are expected to be 1120% to 1125% higher than the earnings per share for the previous year. This is primarily due to the disposal of the non-core loss making entities. The final announcement of the results for the year ended 29th February 2012 will be released on the 31st May 2012. This trading statement has not been reviewed or reported on by the Company`s external auditors. 28 May 2012 Johannesburg Sponsor Arcay Moela Sponsor (Pty) Ltd Date: 28/05/2012 13:46:01 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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