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CALGRO M3 HOLDINGS LIMITED - Further Trading Update

Release Date: 20/09/2012 13:23
Code(s): CGR     PDF:  
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Further 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”)



FUTHER 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.

Further to the trading update published on 23 June 2012, the company expects headline earnings per
share (“HEPS”) and earnings per share (“EPS”) to improve by between 80% and 90% for the 6 months
ended 31 August 2012, from a HEPS of 17,03 cents and EPS of 17,03 cents reported for the six
months ended 31 August 2011.


Taking into account a pipeline in excess of R 8 billion over the next 6 years the group is well
positioned for sustainable growth.

The company did not undertake any corporate action during the current financial year when
compared to the prior year.


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

Johannesburg
20 September 2012

Sponsor
Grindrod Bank Limited

Date: 20/09/2012 01:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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