CURRO HOLDINGS LIMITED - Trading Statement And Publication Date Of The Financial Results For The Six Months Ended 30 June 2023

Trading Statement And Publication Date Of The Financial Results For The Six Months Ended 30 June 2023

CURRO HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1998/025801/06)
JSE Equity Alpha Code: COH
LEI: 378900E237CB40F0BF96
ISIN: ZAE000156253
JSE Debt Alpha Code: COHI
(“Curro” or “the Company”)


TRADING STATEMENT AND PUBLICATION DATE OF THE FINANCIAL RESULTS FOR
THE SIX MONTHS ENDED 30 JUNE 2023


In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement as soon as it becomes reasonably certain that the financial results for the
next period to be reported on will differ by 20% or more from the financial results for the
previous corresponding period.

The Company hereby advises that it expects the financial results for the six months ended
30 June 2023 to fall within the following ranges:

                           Reported results                       Forecast
                          for the six months             for the six months ended
                                 ended                         30 June 2023
                             30 June 2022
                                 cents                  cents                change
 Recurring headline
                                                                       Increase of between
 earnings per share               25.5               32.3 to 37.1
                                                                        26.5% and 45.5%
 (“RHEPS”)

 Headline earnings                                                     Increase of between
                                  27.5               32.0 to 37.3
 per share (“HEPS”)                                                     16.5% and 35.5%

 Earnings per share                                                    Increase of between
                                  27.6               30.8 to 36.1
 (“EPS”)                                                                11.6% and 30.6%


Curro’s Meridian subsidiary received long-overdue education subsidy income of R25 million
during the previous comparable period, which was treated as non-recurring. This subsidy
income was included in the calculation of EPS and HEPS but was removed for purposes of
the calculation of RHEPS in the prior period figures and represent the key difference between
RHEPS, HEPS and EPS in that period.


Results announcement

The Company is currently finalising its financial results for the six months ended
30 June 2023. These results will be published on Monday, 21 August 2023. A presentation
in Cape Town as well as a webcast of the results presentation is scheduled for 10:30 on
Monday, 21 August 2023.

The financial information on which this trading statement is based has not been reviewed or
reported on by the auditor of the Company.


Durbanville
2 August 2023

Equity and Debt Sponsor
PSG Capital

Date: 02-08-2023 08:00:00
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