DIGICORE HOLDINGS LIMITED - Trading Statement

Release Date: 21/08/2015 09:00
Code(s): DGC
 
Wrap Text
Trading Statement

DIGICORE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/012601/06)
Share code: DGC
ISIN: ZAE000016945
(“the Company” or “Digicore”)

TRADING STATEMENT

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 period
to be reported on next will vary by 20% or more from those of the
previous corresponding period.

Accordingly, shareholders are hereby advised that a reasonable degree
of certainty exists that:

   -   the Company’s earnings per share for the year ended 30 June 2015
       are expected to be a minimum of 26.37 cents per share compared
       to the 2.94 cents per share achieved for the previous
       corresponding period, representing a minimum increase of 797%;
       and

   -   the Company’s headline earnings per share for the year ended 30
       June 2015 are expected to be a minimum of 13.01 cents per share
       compared to the 5.23 cents per share achieved for the previous
       corresponding period, representing a minimum increase of 149%.


Profit realised on the sale of shares in TPL Trakker Pakistan Limited
contributed significantly to the increase in basic earnings per share.

Once sufficient certainty exists, a further updated trading statement
with a final indicative range for the year ended 30 June 2015 will be
released on SENS.

The financial information on which this trading statement is based has
not been reviewed or reported on by the Company’s auditor.

The financial results for the year ended 30 June 2015 are expected to
be published on or about 30 September 2015.


Centurion
21 August 2015

Sponsor
PSG Capital Proprietary Limited

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