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Voluntary Trading Update
CALGRO M3 HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 2004/030045/06)
Share code: CGR ISIN: ZAE000109203
(“Calgro M3” or “the company”)
VOLUNTARY TRADING UPDATE
In accordance with paragraph 3.4 of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes aware, with a reasonable degree of
certainty, that the financial results for the next period to be reported on are likely to vary by more
than 20% from the previous corresponding period.
The company is submitting this voluntary trading update to retain transparency as it has been
committed to keeping shareholders informed on developments within the group, including
anticipated financial results, on an on-going basis.
The on-going metal workers strike has brought about a severe shortage in steel based products,
which in turn has led to infrastructure installation and construction delays. Due to the said shortages,
activity on various sites has come to a near halt. Accordingly the company is not in a position to
provide any certainty as to the percentage increase in its half-year results. It can however be
confirmed that there will be no decrease in either Headline Earnings per share or Earnings per share
when compared to the previous corresponding period.
It is with great pleasure that the company can announce that it has been awarded the Best Informal
Settlement Project, Best FLISP Project, Best Social Housing Project and Best Integrated Project
awards at the 2014 Govan Mbeki, Gauteng Department of Human Settlement Awards. This again
paves the way for growth of the group’s pipeline. The company has not undertaken any corporate
action during the current financial year, when compared to the previous year.
The financial information on which this trading statement is based has not been reviewed or
reported on by the company’s auditors.
Johannesburg
25 July 2014
Sponsor
Grindrod Bank Limited
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