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IDE - Ideco Group Limited - Trading statement

Release Date: 21/11/2011 16:42
Code(s): IDE
Wrap Text

IDE - Ideco Group Limited - Trading statement Ideco Group Limited Incorporated in the Republic of South Africa Registration number 2001/023463/06 Share code: IDE ISIN code: ZAE000107579 ("Ideco" or "the company") TRADING STATEMENT 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. Ideco is currently finalising its results for the year ended 31 August 2011. Shareholders are advised that the loss per share will be approximately 0,47 cents per share compared to a loss of 3,41 cents per share for the year ended 31 August 2010. The headline loss per share will be approximately 0,25 cents per share for the year ended 31 August 2011 compared to the headline loss of 3,39 cents per share for the year ended 31 August 2010. The reviewed results will be published on 30 November 2011. The directors believe that a solid foundation has been laid for long-term sustainable growth and remain confident of the company`s growth prospects. The financial information on which this trading statement is based has not been reviewed by the company`s auditors. 21 November 2011 Bryanston Designated Advisor to the company QuestCo Sponsor (Pty) Ltd Date: 21/11/2011 16:42:01 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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