To view the PDF file, sign up for a MySharenet subscription.

MICROMEGA HOLDINGS LIMITED - Trading Statement

Release Date: 27/03/2013 16:15
Code(s): MMG     PDF:  
Wrap Text
Trading Statement

MICROmega HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
 (Registration number 1998/003821/06)
JSE share code: MMG ISIN code:ZAE000034435
(“MICROmega”)


TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2012


In compliance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies
are required to publish a trading statement as soon as they are 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 of the previous corresponding period.

Accordingly, shareholders are advised that for the year ended 31 December 2012 -

    -   headline earnings per share is expected to be between 55% and 60% higher than the
        headline earnings per share of 20.94 cents for the year ended 31 December 2011; and

    -   earnings per share is expected to be between 60% and 70% higher than the earnings per
        share of 7.72 cents for the year ended 31 December 2011.

Shareholders are advised that 80% of the headline earnings were earned in the first six months of
trading, as published in the interim results.

The financial information upon which this trading statement is based has not been audited or
reviewed by MICROmega’s auditors.

MICROmega’s audited annual financial results for the year ended 31 December 2012 will be
released on SENS on Thursday, 28 March 2013.


27 March 2013


Sponsor
Javacapital

Date: 27/03/2013 04:15:00 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.

Share This Story