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- Release Date: 30/10/12 17:48
- Summary: MEETING: TME: Annual meeting - key announcements
- Price Sensitive: No
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TME
30/10/2012 15:48
MEETING
REL: 1548 HRS Trade Me Group Limited
MEETING: TME: Annual meeting - key announcements
The key information to be announced at Trade Me's Annual Shareholder Meeting
today is as follows:
o Trade Me paid a dividend of 7.8 cents per share in September 2012; dividend
guidance for the six months to 31 December 2012 remains unchanged from the
prospectus (approximately 80% of NPAT, fully imputed);
o Overall trading volumes are stable, but the broader economic upturn
forecast at IPO time has not emerged;
o Earnings guidance for the six months to 31 December 2012 is in line with
the prospectus, as always this is contingent on activity levels in the run-up
to Christmas;
o Mobile activity continues to grow strongly, comprising 28 per cent of all
visits to Trade Me in September 2012 (up from approximately 10 per cent a
year ago);
o The longer term outlook is fundamentally positive as online adoption by
consumers continues to grow, better mobile and tablet devices increase time
spent online, and businesses continue to move advertising spend online.
-ends-
More info: Please refer to the Annual Meeting information available on Trade
Me's investor relations website at investors.trademe.co.nz (and also filed
with NZX and ASX).
Contact: Paul Ford, Trade Me, +64 4 803 2611, [email protected]
End CA:00229069 For:TME Type:MEETING Time:2012-10-30 15:48:13
