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PINNACLE TECHNOLOGY HOLDINGS LTD - Trading statement

Release Date: 23/07/2012 16:30
Code(s): PNC
Wrap Text
Trading statement

Pinnacle Technology Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1986/000334/06)
Share code: PNC    ISIN: ZAE000022570
("Pinnacle" or "the company" or “the group”)

TRADING STATEMENT

In terms of the Listings Requirements of JSE Limited
("JSE"), companies are required to publish a trading
statement as soon as they become reasonably certain that
the financial results for the period to be reported on
will differ by more than 20% from that of the previous
corresponding period.

Shareholders are advised that the company is reasonably
certain that its audited results for the year ended 30
June 2012 will reflect a Headline Earnings Per Share
(“HEPS”) of between 170 cents per share and 177 cents per
share. This represents an increase in HEPS of between 45%
and 50% over the HEPS of 117.7 cents per share for the
comparative year.

The company’s Earnings Per Share (“EPS”) is expected to
be between 168 cents per share and 175 cents per share
which represents an increase of between 39% and 45% over
the EPS of 121.0 cents per share for the comparative
year.

The above information has not been     reviewed or reported
on by the company’s auditors. The       company's financial
results for the year ended 30 June     2012 are expected to
be published on or about 7 September   2012.

Midrand
23 July 2012

Sponsor
Deloitte & Touche Sponsor Services (Pty) Limited

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