SENS Note - 29 October 2013

 

 

Infrasors Holdings Limited                                                     

(Incorporated in the Republic of South Africa)                                 

(Registration number: 2007/002405/06)                                          

Share Code on the JSE: IRA ISIN: ZAE000101507                                  

("Infrasors" or "the Company")

 

TRADING STATEMENT


 In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period.

Accordingly, Infrasors shareholders are advised that:

 

·                Contribution from operations for the six months period ended 31 August 2013 (“Period”) is expected to increase 190% over the previous corresponding period;

 

·                Basic earnings per share (“EPS”) for the Period is expected to be 0.1 cents per share and the restated EPS for the previous corresponding period is 0.1 cents per share. Earnings for the Period include the cost of impairments to plant and equipment at Delf Sand amounting to R5.2 million; and

·                Headline earnings per share (“HEPS”) for the Period is expected to be 2.8 cents per share and the restated HEPS for the previous corresponding period is nil cents per share.

 

The financial information on which this trading statement is based has not beenreviewed, audited and reported on by the Company’s auditors.

 

Shareholders are advised that the results for the six month period ended 31 August 2013 will be released by 30 October 2013.

 

By Order of the Board of Directors

 

Johannesburg

29 October 2013

Sponsor

Bridge Capital