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DIGICORE HOLDINGS LIMITED - Trading Statement

Release Date: 20/02/2015 14:40
Code(s): DGC     PDF:  
Wrap Text
Trading Statement

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 interim
financial results for the 6 months ended 31 December 2014 and advises that a
reasonable degree of certainty exists that the group’s:

    -   attributable earnings will be between 10.69 cents and 11.51 cents per share,
        or between 30% to 40% higher than that for the comparative 6 months ended 31
        December 2013.

    -   headline earnings will be between 8.96 cents and 9.78 cents per share, or
        between 9% to 19% higher than that for the comparative 6 months ended 31
        December 2013; and

The increase in headline earnings per share and the attributable earnings per share
for the group are as a result of the turnaround of our international business,
increase in revenue generated from the insurance industry, growth in the stolen
vehicle response market and further success in cost-saving initiatives.

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

The interim results for the 6 months ended 31 December 2014 are expected to be
released on or about Thursday, 26 February 2015.


Centurion
20 February 2015

Sponsor
PSG Capital

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