CVN
CVN
CVN - ConvergeNet - Further Trading Statement
CONVERGENET HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/015580/06)
Share code: CVN ISIN: ZAE000102067
("ConvergeNet" 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 those of the
previous corresponding period.
Further to the announcement published on 16 September 2010, shareholders are
advised that the earnings per share is now expected to be between 40% and 45%
lower than the previous period and the headline earnings per share is expected
to be between 60% and 65% lower than the previous period.
This trading statement has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
3 November 2010
Sponsor
Arcay Moela Sponsor (Proprietary) Limited
Date: 03/11/2010 08:41:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
