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METROFILE HOLDINGS LIMITED - Trading statement

Release Date: 04/02/2014 10:20
Code(s): MFL     PDF:  
Wrap Text
Trading statement

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN: ZAE000061727
("Metrofile")

TRADING STATEMENT

In terms of section 3.4(b) of the Listings Requirements of the
JSE Limited a listed company is required to publish a trading
statement as soon as a reasonable degree of certainty exists
that the financial results for the next reporting period will
differ by at least 20% from those of the previous
corresponding reporting period.

Shareholders are advised that Metrofile’s headline earnings
per share (“HEPS”) for the period ended 31 December 2013 are
expected to be between 20% and 24% higher than the previous
corresponding reporting period i.e. between 14,5 and 15,0
cents per share.

Metrofile’s earnings per shares (“EPS”) cannot be determined
as yet due to the fact that the quantum of the insurance claim
i.r.o the Kwa-Zulu Natal fire, which occurred in October 2013,
has yet to be finalised. However due to the effect of the
accrual for the claim, EPS are expected to be more than 30%
higher than the previous corresponding period. A further
trading statement in this regard will be issued in due course.

The above information has not been reviewed or reported on by
Metrofile’s auditors and the results for the six months ended
31 December 2013 are expected to be published on or about
Wednesday, 26 February 2014.

Senderwood
4 February 2014

Sponsor
The Standard Bank of South Africa Limited

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