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UBUBELE HOLDINGS LIMITED - Trading statement

Release Date: 20/09/2012 10:40
Code(s): UBU     PDF:  
Wrap Text
Trading statement

Ububele Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1998/011074/06)
Share code: UBU
ISIN code: ZAE000144739
(“Ububele” or “the Company”)

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes aware that the
financial results for the next period to be reported on will show a 20% or
more difference from those of the previous corresponding period.

Ububele hereby advises that a reasonable degree of certainty exists that, for
the year ended 30 June 2012:

  •    headline earnings (loss) per share from all operations (including
      discontinued operations) is expected to be at least (4.94) cents per
      share compared to 1.27 cents per share for the year ended 30 June 2011;
      and
  •    attributable earnings (loss) per share from all operations (including
      discontinued operations) is expected to be at least (21.56) cents per
      share compared to 1.25 cents per share for the year ended 30 June 2011.

Ububele will revert to shareholders with a further trading update once more
certainty exists with regards to the expected financial results from
continued operations for the year ended 30 June 2012.

One   of   the    main   reasons   for  the   decline  is   due   to   the
discontinued/discontinuing operations as detailed in the Company’s interim
results announcement.

This financial information has not been reviewed or reported on by the
auditors of Ububele. The results for the year ended 30 June 2012 will be
published on or about 28 September 2012.

19 September 2012
Cape Town

Designated Adviser
PSG Capital

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