CGR
CGR
CGR - Calgro M3 Holdings Limited - Trading Statement
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" or "the Group")
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
they are satisfied that a reasonable degree of certainty exists, 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.
Calgro M3 wishes to advise shareholders that the company expects a decrease in
the earnings per share ("EPS") for the six months ending 31 August 2010 ("the
interim period") of more than 20% compared to the EPS reported on in the prior
comparative period.
The company expects to generate a profit in headline earnings per share ("HEPS")
for the interim period compared to a headline loss per share reported on in the
previous corresponding period.
Once the Company has obtained a reasonable degree of certainty on the actual
range of the decrease in EPS and the increase in the HEPS, a further trading
statement will be released.
The information in this trading statement has not been reviewed or reported on
by Calgro M3`s auditors.
Johannesburg
18 August 2010
Designated Adviser
Grindrod Bank Limited
Date: 18/08/2010 09:46:01 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
