DTH
DTH
DTH - DTH Dynamic Technology Holdings Limited - Trading Statement
DTH DYNAMIC TECHNOLOGY HOLDINGS LIMITED
(Registration Number: 2004/016984/06)
Share Code: DTH & ISIN: ZAE000124681
("DTH")
www.DTH.co.za
TRADING STATEMENT
In terms of paragraph 3.4(b) of the Listing Requirements of the JSE Limited,
companies are required to publish a trading statement as soon as they become
reasonably certain that the financial results for the next reporting period will
differ by at least 20% from those of the previous corresponding period.
DTH shareholders are advised that the Company expects a decrease of between 10%
and 20% in earnings per share ("EPS") and between 25% and 40% in headline
earnings per share ("HEPS") when compared to the corresponding period in the
prior year.
The decline in EPS and HEPS is mainly due to the ongoing impact of the generally
poor economic conditions which have resulted in persistent downward pressure on
operating margins.
The above trading statement has not been reviewed or reported on by the
Company`s external auditors.
Reminder of cautionary
Shareholders are referred to the renewal of cautionary announcement dated 4
March 2010, and are reminded that the negotiations referred to therein are still
in progress and, if successfully concluded, may have an effect on the price at
which the Company`s securities trade on the JSE Limited.
Accordingly, shareholders are advised to continue exercising caution when
dealing in the Company`s securities until a further announcement in this regard
is made.
18 March 2010
Designated Advisor: Grindrod Bank Limited
Date: 18/03/2010 10:44:01 Produced by the JSE SENS Department.
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