HUG - Huge Group Limited - Further Trading Statement
HUG
HUG
HUG - Huge Group Limited - Further Trading Statement
HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG & ISIN: ZAE000102042
("Huge" or "the Group" or "the company")
FURTHER TRADING STATEMENT
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a
listed company is required to publish a trading statement as soon as it is
satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported upon next will differ, by at least
20%, from the financial results for the corresponding period in the prior
year.
Huge is currently finalising its financial results for the year ended 28
February 2010 and expect to announce them on 31 May 2010.
Shareholders are accordingly hereby advised that a reasonable degree of
certainty exists that the company`s earnings per share ("EPS") will be 25.8%
higher than the 6,82c (EPS) reported for the year ended 28 February 2009.
Headline earnings per share ("HEPS") will be 29.6% higher than the 6,85c
(HEPS) reported for the year ended 28 February 2009.
This trading statement has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
28 May 2010
Corporate Advisor
Manhattan Equity Corporate Finance (Proprietary) Limited
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 28/05/2010 12:27:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
