Super Group Limited - Change Of Year End And Tradi
SPG
SPG
Super Group Limited - Change Of Year End And Trading Update
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
ISN number: ZAE000011334)
Share code: SPG
("Super Group" or "the Company")
CHANGE OF YEAR END AND TRADING UPDATE
Shareholders are advised that Super Group has changed its financial year end
from March to June with immediate effect.
The change to a June accounting year end will align internal processes as well
as harmonize the release of Super Group"s interim and annual financial
statements and operating results with the release of similar information by the
majority of JSE listed companies in its industry. This will allow investors to
more easily analyse Super Group"s results and compare them with those of other
companies in its sector.
To give effect to this decision:
(a) the Company has sought and obtained the approval of the Registrar of
Companies and the JSE Limited;
(b) the last day of the Company"s current financial year would have been 31
March 2006. The Company will publish interim results for the twelve months ended
31 March 2006 in May 2006.
(c) the Company"s current fiscal year will cover the 15 month period from April
2005 to June 2006. The Company will prepare annual financial statements for this
period and pro forma results for the 12 months to June 2006 for comparative
purposes.
In terms of the Listings Requirements of the JSE Limited, shareholders are
further advised that Super Group expects earnings per share and headline
earnings per share for the 12 months ending 31 March 2006 to be between 10% and
20% above the comparative 12 months ended 31 March 2005 as restated to comply
with International Financial Reporting Standards. The financial information on
which this trading statement is based has not been reviewed or reported on by
Super Group"s auditors.
22 February 2006, Sandton, South Africa.
Sponsor: Deutsche Securities (SA) (Pty) Limited
Date: 24/02/2006 10:00:03 AM Produced by the JSE SENS Department
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