HUG - Huge Group Limited - Further Trading Statement
HUG
HUG
HUG - Huge Group Limited - Further Trading Statement
HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
("Huge" or "the Group" or "the company")
FURTHER 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 referred to the initial trading statement dated 4 April 2012,
and are advised that as per that announcement, the company now has clarity with
regard to the improvement in earnings and headline earnings per share.
Accordingly, shareholders are hereby advised that a reasonable degree of
certainty exists that the company anticipates that earnings and headline
earnings per share are expected to be between 9.58 and 11.97 cents per share,
compared to a loss and headline loss per share of 15.33 and 15.41 cents per
share respectively for the prior year corresponding period.
This trading statement has not been reviewed or reported on by the company`s
external auditors.
Johannesburg
24 April 2012
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 24/04/2012 10:31:01 Produced by the JSE SENS Department.
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