To view the PDF file, sign up for a MySharenet subscription.

CITY LODGE HOTELS LIMITED - Trading Statement

Release Date: 31/07/2012 15:40
Code(s): CLH     PDF:  
Wrap Text
Trading Statement

CITY LODGE HOTELS LIMITED
“City Lodge”
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH
ISIN Code: ZAE 000117792


TRADING STATEMENT


In terms of rule 3.4(b) of the JSE Listings Requirements, a listed company is required to
publish a trading statement as soon as a reasonable degree of certainty exists that the
financial results for the next reporting period to be reported on will differ by at least 20%
from those of the previous corresponding period.

In this regard diluted / undiluted headline and basic earnings per share for the year ended
30 June 2012, which include the costs and effects of the BEE deal, are anticipated to be
between 36% and 40% higher than the previous year.

Normalised headline earnings per share, which excludes the costs and effects of the BEE
deal, are however anticipated to be between 14% and 18% higher than the previous year.

The information on which this trading statement has been based has not been reviewed or
reported on by the group’s auditors and it is anticipated that the results will be released on
SENS on or about 15 August 2012.


Bryanston
31 July 2012

Sponsor
J.P. Morgan Equities Limited

Date: 31/07/2012 03:40:00 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.

Share This Story