IQG
IQG
IQG - Iquad Group Limited - Trading statement
IQuad Group Limited
Incorporated in the Republic of South Africa
(Registration Number 2004/025177/06)
Share Code: IQG ISIN: ZAE000101622
("IQuad" or "the Company")
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they become reasonably certain that the
financial results for the period to be reported on next, will differ by more
than 20% from those of the previous corresponding period.
Shareholders are hereby advised that the loss per share for the year ended 28
February 2011 is expected to be between 61.9 cents and 51.8 cents. Headline
earnings per share are expected to be between 32.9 cents and 42.1 cents. The
major reason for the difference between earnings per share and headline earnings
per share relates to an impairment of goodwill, as previously reported in the
Company`s interim results.
The information contained in this trading statement has not been reviewed or
reported on by the Company`s external auditors. IQuad expects to release its
financial results for the year ended 28 February 2011 on or about 14 April 2011.
5 April 2011
Designated Adviser - QuestCo Sponsors (Pty) Limited
Corporate Adviser - PSG Capital (Pty) Limited
Date: 05/04/2011 17:40:29 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
