| Fri 30 Mar 2012, 15:09 | | IQG - Iquad - Trading Statement Declaration of Cash Dividend to Iquad |
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IQG
IQG
IQG - Iquad - Trading Statement, Declaration of Cash Dividend to Iquad
Shareholders and Change in Company Secretary
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, DECLARATION OF CASH DIVIDEND TO IQUAD SHAREHOLDERS AND CHANGE
IN COMPANY SECRETARY
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited ("JSE"), 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 earnings per share for the 12 months
ended 29 February 2012 is expected to be between 32 cents and 40 cents. Headline
earnings per share is expected to be between 31% and 51% higher than the
comparative period.
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
interim financial results for the 12 months ended 29 February 2012 on or about
26 April 2012.
DECLARATION OF A CASH DIVIDEND TO IQUAD SHAREHOLDERS
The directors of IQuad are pleased to announce that they declared an interim
dividend of 26 cents per share for the 12 month period ended 29 February 2012
and wish to ensure that shareholders receive payment thereof as expeditiously as
possible in terms of the JSE Listings Requirements.
The salient dates relating to the interim dividend are as follows:
Last day to trade cum the Thursday, 19 April 2012
ordinary share dividend
Ordinary shares commence Friday, 20 April 2012
trading ex dividend
Ordinary share dividend Thursday, 26 April 2012
record date
Payment date of ordinary Monday, 30 April 2012
share dividend
Ordinary share certificates may not be dematerialised or rematerialised between
Friday, 20 April 2012, and Thursday, 26 April 2012, both days inclusive.
CHANGE IN COMPANY SECRETARY
In accordance with paragraph 3.59 of the Listings Requirements of the JSE,
shareholders are hereby advised that Mr FJ Botha has resigned as Company
secretary of IQuad, with effect from 20 March 2012, and that Mr H Brown has been
appointed as the new Company Secretary, with effect from the same date.
30 March 2012
Johannesburg
Designated Advisor
PSG Capital
Date: 30/03/2012 15:09:01 Produced by the JSE SENS Department.
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