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MMG - MICROmega Holdings Limited - Trading Statement

Release Date: 29/03/2011 11:22
Code(s): MMG
Wrap Text

MMG - MICROmega Holdings Limited - Trading Statement MICROmega HOLDINGS LIMITED (Registration number 1998/003821/06) (Incorporated in the Republic of South Africa) Share code: MMG ISIN code:ZAE000034435 ("MICROmega" or "the company") TRADING STATEMENT In compliance with paragraph 3.4(b) of the Listing Requirements of JSE Limited, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the financial results of the previous corresponding period. Accordingly, shareholders are advised that for the year ended 31 December 2010, headline earnings per share is expected to be between 10% and 15% lower than the headline earnings per share of 20.75 cents for the year ended 31 December 2009. Earnings per share for the year ended 31 December 2010 is expected to be between 50% and 60% lower than the earnings per share of 16.88 cents for the year ended 31 December 2009. The financial information on which this trading statement is based has not been audited or reviewed by MICROmega`s auditors. The annual financial results announcement will be released on SENS no later than 31 March 2011. 29 March 2011 Sponsor Java Capital Date: 29/03/2011 11:22:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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