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EFG - Efficient Group Limited - Updated trading statement

Release Date: 15/03/2012 17:19
Code(s): EFG
Wrap Text

EFG - Efficient Group Limited - Updated trading statement EFFICIENT GROUP LIMITED Incorporated in the Republic of South Africa (Registration Number: 2006/036947/06) Share code: EFG ISIN: ZAE000151841 ("EFG" or the "company") UPDATED TRADING STATEMENT Shareholders are referred to the trading statement released on SENS on 2 March 2012 wherein EFG stated that it was not in a position to give the specific guidance required by the JSE Listings Requirement for a trading statement but that the company expected its earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ended 29 February 2012 to be at least 20% lower than EPS and HEPS for the previous corresponding period. EFG is now in a position to advise that it expects EPS to be between 0.30 cents and 0.36 cents and HEPS to be between 0.29 cents and 0.35 cents for the six months ended 29 February 2012, compared to EPS and HEPS of 6.8 cents in both instances for the six months ended 28 February 2011. The information on which this trading statement has been based has not been reviewed or reported on by the company`s auditors. The group`s unaudited interim results for the six months ended 29 February 2012 are expected to be released on SENS on or about 30 March 2012. 15 March 2012 Sponsor Java Capital Date: 15/03/2012 17:19:01 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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