IDQ
IDQ
IDQ - Indequity Group Limited - Trading statement
Indequity Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/015883/06)
Share code: IDQ
ISIN Code ZAE000016606
("Indequity" or "the group" or "the company")
TRADING STATEMENT
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.
Indequity is currently finalising its interim results for the six months ended
31 March 2008. In this regard, shareholders are advised that the headline
earnings loss per share and the earnings loss per share of Indequity for the six
months ended 31 March 2008 are expected to be 27.02 cents, in comparison to
headline earnings per share and earnings per share of 3.72 cents of the previous
corresponding period being the six month period ended 31 March 2007.
The decrease in both earnings per share and headline earnings per share has been
the result of a revaluation of the group`s investment in listed shares to mark
the shares to market value.
The financial information on which this trading statement is based has not been
reviewed or reported on by the group`s auditors.
The results for the six month period ended 31 March 2008 are expected to be
released on or about 25 June 2008.
Johannesburg
20 June 2008
Sponsor:
KPMG Services (Pty) Ltd
Date: 20/06/2008 16:54:02 Produced by the JSE SENS Department.
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