BCX - Business Connexion Group Limited - Trading statement
BCX
BCX
BCX - Business Connexion Group Limited - Trading statement
Business Connexion Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX
ISIN: ZAE000054631
("BCX" or "the group")
TRADING STATEMENT
BCX shareholders are advised that the group expects its diluted earnings per
share ("EPS") and diluted headline EPS for the year ended 31 August 2010 to be
between 38 and 42 cents per share.
The group issued 41 092 438 ordinary shares as part of its Black Economic
Empowerment ("BEE") transaction approved by shareholders on 8 September 2010.
The effective date of the transaction was 31 August 2010. The forecast range has
been determined after accounting for the BEE transaction, including IFRS 2 share
based payment costs amounting to R46,4 million and related transaction costs.
The financial information on which this trading statement is based has not been
reviewed or reported on by the group`s auditors.
BCX`s results for the year ended 31 August 2010 is expected to be released on
SENS on Wednesday, 10 November 2010.
Midrand
4 November 2010
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/11/2010 15:31:05 Produced by the JSE SENS Department.
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