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MICROMEGA HOLDINGS LIMITED - Trading Statement

Release Date: 10/06/2014 12:58
Code(s): MMG     PDF:  
Wrap Text
Trading Statement

MICROmega Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/003821/06)
Share code: MMG ISIN: ZAE000034435
(“MICROmega” or “the Company”)


TRADING STATEMENT


In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period to be reported
on will differ by more than 20% from that of the previous corresponding period.

Accordingly, a review of the financial results for the 15 months ended 31 March 2014 by management has
indicated that the basic earnings per share is expected to be between 1 100% and 1 120% higher than the
10.77 cents reported for the year ended 31 December 2012. Headline earnings per share is expected to be
between 110% and 130% higher than the 28.32 cents reported for the year ended 31 December 2012.

Due to the change in the Company’s year end from 31 December to 31 March, the year end results
comprise a 15 month period. As there is not a comparable 15 month period, the year end results for the
15 months ended 31 March 2014 have been compared to year end results for the 12 months ending
31 December 2012.

The financial information on which this trading statement is based has not been reviewed or reported on by
MICROmega’s auditors. MICROmega’s financial results for the 15 months ended 31 March 2014 are
expected to be released on SENS on or about 12 June 2014.


Johannesburg
10 June 2014

Sponsor
Merchantec Capital

Date: 10/06/2014 12:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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