Trading Statement for the year ended 28 February 2019 HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 (“Huge” or “the Company”) Trading Statement for the year ended 28 February 2019 In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies are required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results to be reported upon next will differ by at least 20% from the financial results for the previous corresponding period. Huge is in the process of finalising its financial results for the twelve months ended 28 February 2019. Shareholders are accordingly advised that a reasonable degree of certainty exists that the Company’s financial results is expected to reflect an increase in earnings per share (EPS) and headline earnings per share (HEPS) of between 15% to 25%, when compared to the EPS of 47.40 and HEPS of 46.34 cents per share for the prior comparative period, which is expected to result in an EPS of between 54.51 and 59.25 cents per share and HEPS of between 53.29 and 57.93 cents per share. The financial information on which this trading statement has been based has not been reviewed or reported on by the Company’s external auditors. The Company expects to release its financial results for the year ended 28 February 2019 on or about 31 May 2019. Johannesburg 29 May 2019 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 29/05/2019 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
Email this JSE Sens Item to a Friend.