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MVELASERVE LIMITED - Further Trading Statement

Release Date: 19/02/2013 17:47
Code(s): MVS     PDF:  
Wrap Text
Further Trading Statement

MVELASERVE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1999/003610/06)
Ordinary share code: MVS
Ordinary share ISIN: ZAE000151353
(“Mvelaserve”)


FURTHER TRADING STATEMENT

Mvelaserve released a trading statement on SENS on 6 February 2013 (“the
first trading statement”), which reported an expected increase of at least
20% in statutory headline earnings per share (“HEPS”) and basic earnings
per      share     (“EPS”)      for      the     six      months     ended
31 December 2012 (“the period”), compared to the comparative period of the
prior year.

Further to the first trading statement, the company is now in a position to
clarify the extent of the increase in HEPS and EPS.

HEPS for the period is expected to be 104% to 119% higher than that of the
prior year comparative period’s reported HEPS of 19,5 cents per share.

EPS for the period is expected to be 241% to 256% higher than that of the
prior year comparative period’s reported EPS of 12,1 cents per share.

The financial information on which this trading statement is based has
neither been reviewed nor reported on by Mvelaserve’s external auditors.

The group’s interim results for the period are expected to be released on
SENS on or about 7 March 2013.

19 February 2013
Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 19/02/2013 05:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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