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PRIMESERV GROUP LIMITED - Trading statement

Release Date: 31/05/2013 07:06
Code(s): PMV     PDF:  
Wrap Text
Trading statement

Primeserv Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/013448/06)
(“Primeserv” or “the company”)
Share code: PMV       ISIN: ZAE000039277

                  TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2013

In terms of the JSE Listings Requirements, companies are required to publish a trading statement as
soon as they become aware that the financial results for the period to be reported upon next will differ by
at least 20% from the financial results for the previous corresponding period.

Primeserv accordingly advises that management’s review of the financial results expected for the year
ended 31 March 2013 has indicated that, taking into account the loss from discontinued operations at its
Colleges Division disposed of subsequent to the financial year end, Primeserv will make a net loss per
share of between 4.2 cents and 4.8 cents per share for the period in comparison to the financial results
for the 12 months ended 31 March 2012 when Primeserv reflected earnings per share of 7.88 cents. The
continuing operations of Primeserv remain profitable. Headline earnings per share will reflect a net loss
per share of between 4.18 cents and 4.99 cents per share for the period in comparison to the financial
results for the 12 months ended 31 March 2012 when Primeserv reflected headline earnings per share of
7.88 cents per share.

The financial results on which this trading statement has been based have not been reviewed or reported
on by the company’s auditors. The financial results of the company will be published on or about 18 June
2013.


31 May 2013
Bryanston


Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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