CVN
CVN
CVN - ConvergeNet - 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")
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.
Shareholders are advised that the headline earnings per share from continuing
and discontinuing operations for the year ended 31 August 2011 is expected to be
between 25% and 35% higher than the previous period ended 31 August 2010. In
addition, headline earnings per share from continuing operations for the year
ended 31 August 2011 is expected to be between 125% and 130% higher than the
previous period ended 31 August 2010.
This trading statement has not been reviewed or reported on by the Company`s
external auditors.
Johannesburg
21 October 2011
Sponsor
Arcay Moela Sponsor (Proprietary) Limited
Date: 21/10/2011 08:52:01 Produced by the JSE SENS Department.
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