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AFRICAN AND OVERSEAS ENTERPRISES LD - Trading Staetement

Release Date: 08/08/2012 14:40
Code(s): AOO AOVP AON     PDF:  
Wrap Text
Trading Staetement

AFRICAN & OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1947/027461/06
Share code: AOO ISIN: ZAE000000485
Share code: AON ISIN: ZAE000009718
Share code: AOVP ISIN: ZAE000000493
“AOE” or “the company”

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, companies are
required to publish a trading statement as soon as they are reasonably
certain that the financial results for the current reporting period will
differ by more than 20% from those of the previous corresponding period.

Shareholders were advised via SENS announcements on 16 November 2011 and
23 February 2012, and in the company’s interim report issued on 9 March
2012, regarding the prospects of the group for the 2012 financial year.

A further SENS announcement issued on 5 June 2012 advised shareholders
that headline earnings per share and earnings per share for the twelve
month period ending on 30 June 2012 would be at least 25% lower than for
the twelve months ending 30 June 2011.

Shareholders are now further advised that headline earnings per share
and earnings per share for the twelve month period ending on 30 June
2012 will be at least 35% lower than for the twelve months ending 30
June 2011.

The company is not able, at this stage, to determine with a reasonable
degree of certainty by what percentage the results for the twelve months
ending 30 June 2012 will be lower than the previous corresponding
period.

This trading statement will be updated as soon as a reasonable degree of
certainty is obtained.

The above information has not been reviewed or reported on by AOE’s
external auditors.

8 August 2012


Sponsor
Java Capital

Date: 08/08/2012 02:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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