HUG
HUG
HUG - Huge Group Limited - Trading statement
HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG & ISIN: ZAE000102042
("Huge" or "the Group" or "the company")
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.
Shareholders are accordingly hereby advised that a reasonable degree of
certainty exists that the company will move from an attributable loss to an
attributable profit and thus earnings per share ("EPS") for the six months ended
31 August 2010 will be between 280% and 300% higher than the 5.43 cents loss per
share reported in the prior comparative period.
Similarly, headline earnings per share ("HEPS") for the six months ended 31
August 2010 will be between 280% and 300% better than the 5.46 cents headline
loss per share reported for the period ended 31 August 2009.
This trading statement has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
15 November 2010
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 15/11/2010 08:35:00 Produced by the JSE SENS Department.
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