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MICROMEGA HOLDINGS LIMITED - Further Trading Statement

Release Date: 28/10/2014 09:30
Code(s): MMG     PDF:  
Wrap Text
Further Trading Statement

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



FURTHER TRADING STATEMENT



In terms of the Listings Requirements of the 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.

Further to the trading statement released on SENS on 1 October 2014, a review of the financial results for
the six month period ended 30 September 2014 by management has indicated that:

-   the earnings per share is expected to be between 42.86 cents and 48.07 cents, reflecting an increase of
    between 91% and 111%, when compared to the earnings per share of 22.60 cents for the six months
    ended 30 June 2013; and
-   the headline earnings per share is expected to be between 43.36 cents and 48.56 cents, reflecting an
    increase of between 94% and 114%, when compared to the headline earnings per share of 22.57 cents
    for the six months ended 30 June 2013.

The earnings per share and headline earnings per share for the six months ended 30 June 2013 differ from
those previously announced on SENS as, in accordance with the appropriate accounting treatment, it was
necessary to retrospectively adjust the weighted average number of shares in issue from 92 350 585
shares to 106 462 997 shares, due to the capitalisation issue which was done on 1 November 2013.

The financial information on which this trading statement is based has not been reviewed or reported on by
MICROmega’s auditors. MICROmega’s interim financial results are expected to be released on SENS on or
about 30 October 2014.

Johannesburg
28 October 2014

Sponsor
Merchantec Capital

Date: 28/10/2014 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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