Pinnacle Technology Holdings has issued a statement indicating that, for the six months ended 31 December  2009, its turnover increased by 8,2% to R1,465-billion, from R1,354-billion the previous year.

Fully diluted headline earnings per share is projected to be between 33.3 and 35.3 cents per share, being between 33,7% and 41,8 % higher than in the comparative period.
Meanwhile, shareholders are advised that the expiry of the put option on 30 June 2009, relating to the 37 281 647 shares held by Amabubesi Investment, has removed the IFRS requirement to add back these shares when calculating the weighted average shares in issue as used in earnings and headline earnings per share calculations. Earnings and headline earnings per share is therefore based on the increased number of 181 836 624 shares.