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Trading Statement
Muvoni Technology Group Limited (formerly Ideco Group
Limited)
Incorporated in the Republic of South Africa
Registration number 2001/023463/06
Share code: MTG
ISIN code: ZAE000167268
(“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. Muvoni is currently finalising results for the
year ended 31 August 2012.
Shareholders are advised that the basic and diluted basic
earningsper share will be approximately 2,17cents per share
compared to a basic and diluted basic loss of 0,47 cents
per share for the year ended 31 August 2011. The headline
earnings and diluted headline earnings per share will be
approximately 0,18 cents per share for the year ended 31
August 2012 compared to the headline loss and diluted
headline loss of 0,24 cents per share for the year ended 31
August 2011. The reviewed results will be published by
Friday, 14 December 2012.
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 or reported on by the
company's auditors.
27 November 2012
Centurion
Designated Advisor to the company
Sasfin Capital
A division of Sasfin Bank Limited
Date: 27/11/2012 10:44:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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