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Trading statement
CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN ISIN: ZAE000182440
(the “Company”)
TRADING STATEMENT
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a company is
required to publish a trading statement as soon as it is 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 those of the previous corresponding period.
Accordingly, shareholders are hereby advised that a reasonable degree of certainty exists that
the Company will report an increase of at least 20% in the basic and headline loss per share in
respect of its continuing operations for the six months ended 28 February 2014 compared to the
basic and headline loss per share for the prior period ended 28 February 2013.
Shareholders are further advised that a reasonable degree of certainty exists that the Company
will report a decrease of at least 20% in the basic and headline earnings per share in respect of
its discontinued operations for the six months ended 28 February 2014 compared to the basic
and headline earnings per share for the prior period ended 28 February 2013.
A further trading update will be released once the board of directors has reasonable certainty as
to the range of the expected financial results referred to above.
This trading statement has not been reviewed or reported on by the Company’s external
auditors.
Johannesburg
28 May 2014
Corporate adviser: AfrAsia Corporate Finance Proprietary Limited
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited
Date: 28/05/2014 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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