Last checked at 23 Sep 2010 12:30
LONDON FINANCE & INVESTMENT GROUP P.L.C. (Incorporated in England - No. 201151) ISIN: GB0002994001 Directors Registered office D.C. Marshall, Chairman 30 City Road J.H. Maxwell London, EC1Y 2AG Dr. F.W.A.A. Lucas J.M. Robotham, OBE, FCA, MSI TRADING STATEMENT
In terms of the Listing Requirements of the JSE Limited, companies are required to publish a Trading Statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by more than 20% from those of the previous corresponding period.
The board of directors of London Finance & Investment Group P.L.C. advises that its earnings per share for the year ended 30th June 2010 are expected to increase by between 100 - 120% and headline earnings per share for the year ended 30 June 2010 are expected to decrease by 0.3p.
As a result of a review of accounting policies regarding the investment in our associated company, Western Selection P.L.C., and our strategic investments, the comparative figures for 2009 have been restated and the above changes are based on those restated figures. Full details of this will be set out in the annual report and accounts for the year.
Shareholders are advised that the content of this statement and the financial information it is based on has not been reviewed and reported on by the company's auditors. London Finance & Investment Group P.L.C will release its preliminary results for the year ended 30th June 2010 on or about 27th September 2010
City Group P.L.C.Secretaries
23rd September 2010
LONDON FINANCE & INVESTMENT GROUP PLC