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IFC - IFCA Technologies Limited - Trading update

Release Date: 12/10/2011 15:10
Code(s): IFC
Wrap Text

IFC - IFCA Technologies Limited - Trading update IFCA TECHNOLOGIES LIMITED Incorporated in the Republic of South Africa (Registration number 2006/030759/06) Share code: IFC ISIN: ZAE000088555 ("IFCA" or "the Company") TRADING UPDATE In terms of the Listings Requirements of 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 will differ by more than 20% from that of the previous corresponding period. Accordingly, a review of the financial results for the six months ended 30 June 2011 by management has indicated that the loss per share is expected to be between 4.76 and 5.00 cents and the headline loss per share is expected to be between 3.21 and 3.45 cents, compared to the loss per share of 1.19 cents and the headline loss per share of 1.19 cents in the previous corresponding period. Shareholders are advised that the financial results for the period to be reported on do not include any of the Corporate Actions, being the IFCA sWare Disposal and the Third Wave Acquisition, as detailed in the update to the terms announcement released on SENS on 21 September 2011. The financial information on which this trading statement is based has not been reviewed or reported on by IFCA`s auditors. IFCA`s interim financial results are expected to be released on SENS on or about 14 October 2011. Johannesburg 12 October 2011 Designated Adviser Merchantec Capital Date: 12/10/2011 15:10:01 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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