Impala Platinum Holdings Ltd. (IMPUY: OTC Link) | IMPLATS TRADING STATEMENT

IMPLATS TRADING STATEMENT

Feb 03, 2012

OTC Disclosure News Service

Johannesburg, South Africa –

Impala Platinum Holdings Limited

(Incorporated in the Republic of South Africa)

(Registration No. 1957/001979/06)

ISIN: ZAE000083648

JSE Share Code : IMP

LSE Share Code : IPLA

ADR Code : IMPUY

(“Implats” or “the Company”)

 

TRADING STATEMENT

 

Shareholders are advised that a reasonable degree of certainty exists that Implats’ headline earnings per share (HEPS) and basic earnings per share (EPS) for the six months ended 31 December 2011 are expected to be between 552 cents and 587 cents which is between 60% and 70% higher than that of the six months ended 31 December 2010 (EPS and HEPS of 345 cents). 

 

The increase in HEPS and EPS is due to a weakening of the rand/dollar exchange rate and accounting adjustments associated with movements in both the share price and metal prices during the period under review.    

 

The financial information on which this trading statement is based has not been reviewed by the external auditors of Implats.

 

The Company’s six months financial results will be released on 16 February 2012.

 

3 February 2012

Johannesburg

 

Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited

 

 

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/IMPUY/news?id=42108

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