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IDQ - Indequity - Trading Statement

Release Date: 09/05/2011 16:20
Code(s): IDQ
Wrap Text

IDQ - Indequity - Trading Statement Indequity Group Limited (Incorporated in the Republic of South Africa) (Registration number 1998/015883/06) Share code: IDQ ISIN Code ZAE000016606 ("Indequity" or "the group" or "the company") TRADING STATEMENT In accordance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is required to publish a TRADING STATEMENT as soon as it becomes aware, with a reasonable degree of certainty, that the financial results for the next period to be reported on are likely to vary by more than 20% from the previous corresponding period. Indequity is currently finalising its results for the six months ended 31 March 2011. In this regard, shareholders are advised that the headline earnings per share and the earnings per share of Indequity for the six months ended 31 March 2011 are both expected to be approximately 14.77 cents per share, in comparison to the headline earnings per share and earnings per share of 1.43 cents of the previous corresponding period being the six months ended 31 March 2010. The headline earnings per share and earnings per share for the year ended 30 September 2010 was 18.10 cents. The financial information on which this trading statement is based has not been reviewed or reported on by the group`s auditors. The results for the six months ended 31 March 2011 are expected to be released on Friday the 13th of May 2011. Johannesburg9 May 2011 Sponsor: KPMG Services (Pty) Ltd Date: 09/05/2011 16:20:02 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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