DIGICORE HOLDINGS LIMITED - Trading Update

Trading Update

DIGICORE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/012601/06)
Share Code: DGC
ISIN Number: ZAE000016945
(“the company” or “the group”)

Trading update

In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed
company is required to publish a trading statement as soon as it becomes aware that
the financial results for the next period to be reported on will show a 20% or more
difference from those of the previous corresponding period.

Shareholders are advised that the company is in the process of finalising its year end
financial results for the 12 months ended 30 June 2014 and advises that a reasonable
degree of certainty exists that the group’s:

    -   headline earnings will be between 4.7 cents and 5.4 cents per share, or between
        43% to 63% higher than that for the comparative 12 months ended 30 June 2013 as
        reported on 25 September 2013; and

    -   attributable earnings will be between 1.8 cents and 3.8 cents per share, or
        between 108% to 118% higher than that for the comparative 12 months ended 30
        June 2013 as reported on 25 September 2013.

Shareholders are further advised that based on the unaudited restated financial results
included in the SENS announcement dated 24 February 2014, a reasonable degree of certainty
exists that the group’s:

    -   headline earnings will be between 4.4 cents and 5.7 cents per share, or between
        9% to 29% lower than that for the comparative 12 months ended 30 June 2013, as
        restated; and

    -   attributable earnings will be between 1.8 cents and 3.8 cents per share, or
        between 108% to 117% higher than that for the comparative 12 months ended 30
        June 2013, as restated

The headline earnings per share and the attributable earnings per share for the group
are as a result of the restatement, increased revenue from continuing operations, cost
savings and the continued reduction in cellular monthly subscription costs.

The financial information on which this trading statement is based has not been reviewed
or reported on by the company`s auditors.

The audited year end results for the 12 months ended 30 June 2014 are expected to be
released on or about Monday, 29 September 2014.


Centurion
18 September 2014

Sponsor
PSG Capital Proprietary Limited

Date: 18/09/2014 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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