MVG MVGP
MVG
Mvelaphanda Group - Trading statement issued
Mvelaphanda Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/004153/06
Ordinary share code: MVG
Preference share code: MVGP
Ordinary share ISIN: ZAE000060737
Preference share ISIN: ZAE000073540
("Mvela Group")
Trading statement issued in terms of section 3.4 of the Listings
Requirements of the JSE Limited
Shareholders are advised that:
- Mvela Group"s earnings per ordinary share for the year ended 30 June
2006 are expected to be up approximately 105%, to between 265 cents
per ordinary share and 275 cents per ordinary share; and
- Mvela Group"s headline earnings per ordinary share for the year ended
30 June 2006 are expected to be up approximately 125%, to between 315
cents per ordinary share and 325 cents per ordinary share,
compared to the earnings per ordinary share and headline earnings per
ordinary share for the year ended 30 June 2005.
The reason for the increase in earnings per ordinary share and headline
earnings per ordinary share is mainly due to the increase in the value of
certain of Mvela Group"s major investments.
The financial information in this trading statement has not been reviewed
or reported on by Mvela Group"s auditors.
Mvela Group"s results for the year ended 30 June 2006 are expected to be
published on or about 5 September 2006.
Sandton
1 September 2006
Sponsor
Deutsche Securities SA (Proprietary) Limited
Date: 01/09/2006 08:53:25 AM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
