| Wed 1 Apr 2009, 15:10 | | TTO - Trustco Group Holdings Limited - Trading Statement |
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TTO
TTO
TTO - Trustco Group Holdings Limited - Trading Statement
TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
NSX share code: TUC
JSE share code: TTO
ISIN Number: NA000A0RF067
("the Company")
TRADING STATEMENT
TRADING STATEMENT IN TERMS OF JSE LIMITED LISTINGS REQUIREMENTS
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied that a reasonable
degree of certainty exists that the financial results of the period to be
reported upon will differ by 20% or more from the financial results of the
previous corresponding period.
Shareholders are advised that the Company`s earning for the year ended 31 March
2009 are expected to increase by between 15% and 35% and headline earnings by
between 40% and 60% over those of the previous corresponding period. Revenue
increased by between 65% and 75% compared to the previous financial period.
The financial information on which this trading statement is based has not been
review or reported on by the Company`s auditors.
TRADING STATEMENT IN TERMS OF NAMIBIAN STOCK EXCHANGE LISTINGS REQUIREMENTS
In compliance with the Namibian Stock Exchange Listings Requirements, Trustco
Group Holdings Limited shareholders are advised that for the 12 months period
ended 31 March 2009, it is expected that the Groups` earnings will materially
exceed (between 10% and 30%) and the headline earnings are expected to
substantially exceed (more than 30%) the comparative period. Revenue increased
by between 65% and 75% compared to the previous financial period.
Shareholders are advised that the financial information that this trading
statement is based upon has not been reviewed and reported on by the Group`s
auditors. Holders of securities must exercise caution in their securities
dealings until the publication of the relevant periods` financial results.
By order of the board
PJ Miller
Company Secretary
1 April 2009
Registered Office
Trustco House
2 Keller Street
P O Box 11363
Windhoek
Namibia
Directors:
D Namwandi (Chairman), V De Klerk, M Nashandi, G Walters, AH Toivo ya Toivo, FJ
Abrahams, Q Van Rooyen (Managing Director)
Sponsor NSX
IJG Securities (Pty) Ltd
Member of the NSX
12 Love Street
P O Box 186, Windhoek, Namibia
Registration No. 95/505
Sponsors JSE
QuestCo Sponsors (Pty) Ltd
Date: 01/04/2009 15:10:02 Produced by the JSE SENS Department.
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