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HUG - Huge Group Limited - Trading Statement

Release Date: 05/04/2012 13:36
Code(s): HUG
Wrap Text

HUG - Huge Group Limited - Trading Statement HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 ("Huge" or "the Group" 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 the financial results for the corresponding period in the prior year. Huge is in the process of preparing its financial results for the year ended 29 February 2012. Shareholders are accordingly hereby advised that a reasonable degree of certainty exists that the company`s results will improve by between 70% and 90% when compared to the results for the period ended 28 February 2011, although a range for earnings and headline earnings per share cannot be provided at present. As soon as the company has clarity in this regard, a further trading statement will be issued. This trading statement has not been reviewed or reported on by the Company`s external auditors. Johannesburg 5 April 2012 Designated Advisor Arcay Moela Sponsors (Proprietary) Limited Date: 05/04/2012 13:36:01 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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