DGC
DGC
DGC - DigiCore - Trading Statement
DIGICORE HOLDINGS LIMITED
Registration number: 1998/012601/06
Share Code: DGC
ISIN Number: ZAE000016945
("DigiCore")
TRADING STATEMENT
In terms of the Listing Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it becomes apparent that
headline earnings per share and/or earnings per share for the next period to be
reported on are expected, with a reasonable degree of certainty, to differ by at
least twenty per cent (20%) from those of the previous corresponding period.
Shareholders are advised that DigiCore`s headlines earnings per share for the
twelve months ended 30 June 2008 are expected to increase by between forty
percent (40%) and fifty per cent (50%) compared with the headline earnings per
share of 44.1 cents per share for the same period in 2007. DigiCore`s earnings
per share for the twelve months ended 30 June 2008 are expected to increase by
between fifty per cent (50%) and sixty per cent (60%) compared with the earnings
per share of 44.4 cents per share for the same period in 2007.
Earnings per share is expected to be considerably higher than headline earnings
per share as a result of the profit on sale of property realized on the
expropriation of land and building at the former DigiCore Head Office in
Centurion.
Rising fuel prices and the need of fleet operators to drive cost down, and to
increase efficiencies, created a favourable operating environment for fleet
management technology. DigiCore capitalized on this favourable operating
environment in all territories in which it operates, by providing world class
technology products. Stolen Vehicle Recovery operations recorded solid growth
during the period under review.
Effective 01 July 2007, DigiCore has increased its shareholding in DigiCore
Limited from 50.1% to 100%.
The financial results on which this trading statement has been based have not
been reviewed or reported on by the company`s auditors.
DigiCore`s results for the year ended 30 June 2008 will be released on SENS on
or about 17 September 2008.
5 August 2008
Sponsor
PSG Capital (Pty) Limited
Date: 05/08/2008 09:00:01 Produced by the JSE SENS Department.
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