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BEIGE HOLDINGS LIMITED - Trading Statement

Release Date: 14/06/2013 16:19
Code(s): BEG     PDF:  
Wrap Text
Trading Statement

BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
(“Beige” or “the company”)
ISIN Code: ZAE 000034161   Share code: BEG


TRADING STATEMENT


In terms of the JSE Listings Requirements, listed companies are
required to publish a trading statement as soon as the board of
directors is satisfied that a reasonable degree of certainty
exists that the financial results for the next reporting period
will vary by more than 20% from those of the previous
corresponding reporting period or from a profit forecast or
trading statement previously provided to the market in relation
to such period.

It should be noted that in the prior year, the Company changed
its year end to 30 June each year, with the first audited
reporting period being for the three months ended 30 June 2012.
Thus, this three month period is the comparable period to which
the results for the year ending 30 June 2013 are required to be
compared for purposes of this trading statement.

The board of directors of the Company has reasonable certainty
that the loss per share and headline loss per share for the year
ended 30 June 2013 will be at least 20% higher than the prior
three month period ended 30 June 2012, but does not at this stage
have sufficient certainty to provide guidance on a range. A
further trading statement will be issued in due course.

The information detailed above has not been reviewed or reported
on by the Company’s auditors.


14 June 2013

Designated Advisor
Arcay Moela Sponsors Proprietary Limited

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