To view the PDF file, sign up for a MySharenet subscription.

CVN - ConvergeNet - Trading Statement

Release Date: 21/10/2011 08:52
Code(s): CVN
Wrap Text

CVN - ConvergeNet - Trading Statement CONVERGENET HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/015580/06) Share code: CVN ISIN: ZAE000102067 ("ConvergeNet" or "the company") TRADING STATEMENT In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it is 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 those of the previous corresponding period. Shareholders are advised that the headline earnings per share from continuing and discontinuing operations for the year ended 31 August 2011 is expected to be between 25% and 35% higher than the previous period ended 31 August 2010. In addition, headline earnings per share from continuing operations for the year ended 31 August 2011 is expected to be between 125% and 130% higher than the previous period ended 31 August 2010. This trading statement has not been reviewed or reported on by the Company`s external auditors. Johannesburg 21 October 2011 Sponsor Arcay Moela Sponsor (Proprietary) Limited Date: 21/10/2011 08:52:01 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.

Share This Story