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WIL
WIL
WIL - Wilderness Holdings Limited - Trading Statement
Wilderness Holdings Limited
(Registration number 2004/2986)
(Registered as an external company in South Africa Registration number
2009/022894/10)
ISIN: BW0000000868
Share code: WIL
("Wilderness" or "the Group" or "the Company")
TRADING STATEMENT
In terms of the Listings Requirements of the Botswana Stock Exchange, a listed
company is required to publish a trading statement as soon as it is satisfied
that a reasonable degree of certainty exists that its financial results (as
measured by net profit after tax) for the next reporting period will differ by
10% or more from those of the previous corresponding reporting period
("comparative period").
The Board of Wilderness hereby announces that the Group`s results for the year
ended 29 February 2012 are likely to be significantly lower from those achieved
in the comparative period. This is mainly attributable to the inclusion of
capital profits in the prior period. At the same time, it is recorded that the
Group`s operating results are in line with those of the comparative period.
Therefore shareholders and investors are advised to exercise caution when
trading in the Company`s securities until the release of the Group`s results for
the year ended 29 February 2012.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Group`s auditors.
The results are expected to be released on the Botswana Stock Exchange website
and on SENS on or about 30 May 2012. Wilderness will hold a results presentation
at the Gaborone Sun conferencing rooms, Chuma Drive, Gaborone, Botswana on 30
May 2012 at 11:00 and at the Holiday Inn Sandton, 123 Rivonia Road, Sandton,
Johannesburg in the Tanzanite room on 31 May 2012 at 11:00. All interested
parties are invited to attend. Please RSVP to investor@wilderness.co.za before
24 May 2012.
For further information, please contact:
Julia Swanepoel
Telephone: +27 11 257 5054
Email: julias@wilderness.co.za
Botswana
18 May 2012
Sponsoring broker
Capital Securities (A member of the Botswana Stock Exchange)
JSE sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 18/05/2012 07:05:03 Produced by the JSE SENS Department.
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