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HUGE GROUP LIMITED - Trading Statement

Release Date: 03/09/2012 11:59
Code(s): HUG     PDF:  
Wrap Text
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.

Accordingly, shareholders are hereby advised that a
reasonable degree of certainty exists that the company
anticipates that earnings per share for the six months
ended 31 August 2012 will be at least 300% higher than
the earnings per share of 2.80 cents for the six months
ended 31 August 2011, and headline earnings per share for
the six months ended 31 August 2012 will be at least 800%
higher than the headline earnings per share of 1.09 cents
for the six months ended 31 August 2011.

This trading statement has not been reviewed or reported
on by the Company’s external auditors.

Johannesburg
3 September 2012

Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited

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