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COMPUTERSHARE LIMITED. — Capital/Financing Update 2012
Jun 12, 2012
64696_rns_2012-06-12_7ae70e49-27c9-41b1-82ee-a0ad8d334768.pdf
Capital/Financing Update
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Computershare Limited
ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile 61 3 9473 2500 www.computershare.com
MARKET ANNOUNCEMENT
| Date:To:Subject: | 13 June 2012Australian Securities ExchangeContinental Europe impairment and Guidance update |
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Computershare Limited (CPU) today advises that it expects a non-cash pre-tax statutory impairment charge in its Continental European business in the second half of FY 2012 in the range of US$55M to US$65M.
CPU Managing Director Stuart Crosby said:
“Escalating political and financial instability across Continental Europe has dragged on earnings and reduced our growth expectations in the region, leading us to anticipate writing down the value of our Continental European intangible assets.
“Despite this anticipated non-cash write down, we continue to expect management EPS for the full year FY 2012 to be down 10% to 15% on FY 2011. We intend to provide FY 2013 guidance with the release of FY 2012 results on Wednesday 8th August 2012.”
For further information contact:
Mr Darren Murphy Head of Treasury and Investor Relations Ph +61-3-9415-5102 [email protected]
About Computershare Limited (CPU)
Computershare (ASX:CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialise in corporate trust, mortgage, bankruptcy, class action, utility and tax voucher administration, and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world’s leading organisations use us to help streamline and maximise the value of relationships with their investors, employees, creditors and customers.
Computershare is represented in all major financial markets and has over 12,000 employees worldwide.
For more information, visit www.computershare.com