BEIGE HOLDINGS LIMITED - Trading Statement and Change in Year End
BEG BEGP2 201209280028A
Trading Statement and Change in Year End
BEIGE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/006871/06)
(“Beige” or “the company”)
ISIN Code: ZAE 000034161 Share code: BEG
TRADING STATEMENT AND CHANGE IN YEAR END
In terms of paragraph 3.4 of the Listings Requirements of
the JSE Limited, companies are required to publish a
trading statement as soon as they are satisfied that a
reasonable degree of certainty exists that the financial
results for the period to be reported on will differ at
least 20% or more from the financial results for the
previous corresponding period.
It should be noted that Beige has changed its year end from
31 March to 30 June each year and is accordingly preparing
audited financial statements for a three month period ended
30 June 2012, in order to align its year end with that of
the new controlling shareholder. Thus, whilst not strictly
comparable, the company is required to issue a trading
statement for the three month period ended 30 June 2012 as
compared to the year ended 31 March 2012.
Accordingly, shareholders are advised that for the three
month period ended 30 June 2012, the loss per share is
expected to reduce by between 80% to 90% showing an
improved position and the headline loss per share is
expected to move by between 180% to 190% from a headline
earnings per share, compared to the prior year ended
31 March 2012.
The financial information on which this trading statement
is based has not been reviewed or reported on by the
company’s auditors.
Johannesburg
28 September 2012
Designated Advisor
Arcay Moela Sponsors (Pty) Ltd
(Registration number 2006/033725/07)
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