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PINNACLE TECHNOLOGY HOLDINGS LTD - Updated trading statement

Release Date: 05/09/2012 11:46
Code(s): PNC     PDF:  
Wrap Text
Updated 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")

REVISED TRADING STATEMENT

In compliance with section 3.4(b) of the JSE Listings
Requirements, Pinnacle is pleased to provide further
guidance to the market regarding the anticipated headline
earnings per share ("HEPS") and earnings per share
("EPS") ranges for the year ended 30 June 2012.

Shareholders are referred to the trading statement
released on SENS on 23 July 2012 which stated that the
Group’s audited results for the 12 months ended 30 June
2012 was reasonably predicted to reflect a HEPS of
between 170 cents per share and 177 cents per share
representing an increase in HEPS of between 45% and 50%
over the HEPS of 117.7 cents per share for the
comparative year and an EPS of 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 respectively.

Shareholders are now advised that the Company is
reasonably certain that its HEPS for the 12 months ended
30 June 2012 will still be in that range, but that the
range for its EPS will be in the same range as it was
advised for its HEPS, i.e. between 170 cents per share
and 177 cents per share, which is between 42% and 46% up
on last year’s EPS of 121 cents per share.

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
5 September 2012

Sponsor
Deloitte & Touche Sponsor Services (Pty) Limited

Date: 05/09/2012 11:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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,
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