PSG - PSG Group - Announcement Relating To The Disposal Of 34.6% Interest In
Channel Life Limited
Incorporated in the Republic of South Africa
Registration number 1970/008484/06
JSE share code: PSG
- the net proceeds would have earned interest at an after tax
interest rate of 7.92%.
2. The increase in earnings and headline earnings per share when
calculating the pro forma financial effects is the result of Channel
Life's equity accounted loss for the six months ended 31 August 2008
included in the "Unaudited Before the transaction" column having been
replaced by after tax interest income (i.e. a profit) in the "Pro
forma After the transaction" column.
3. The net asset value and net tangible asset value per share figures in
the "Pro forma After the transaction" column have been calculated on
the basis that the transaction was effected on 31 August 2008.
9 February 2009
PSG Capital (Pty) Limited
Sponsor to PSG Group
Date: 09/02/2009 08:35:41 Produced by the JSE SENS Department.
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