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Trading Announcement – Year End Financial Results - LHL01, 02, 03
Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)
This announcement is being released on the Johannesburg Stock Exchange for
information purposes only in respect of Letshego Holdings Limited’s Note
Programme
TRADING ANNOUNCEMENT – Year End Financial Results
Letshego Holdings Limited (the Company) was incorporated in 1998, is headquartered
in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since
2002. It is a holding company with financial service subsidiaries across ten countries
in Southern and East Africa - Botswana, Kenya, Lesotho, Mozambique, Namibia, Rwanda,
South Sudan, Swaziland, Tanzania and Uganda.
The Board of Directors of the Company would like to provide an update to Shareholders
that the financial results for the period ended 31 December 2014, against those for
the year ended 31 January 2014, are expected to show growth in loans and advances to
customers of at least 25%, and an increase in profit before tax of at least 20%.
Earnings per share are expected to increase by at least 20%. Note that where applicable
percentage movements are on an annualised basis given the change of year end from January
to December with effect from 31 December 2014.
In line with BSE listing requirements, the Company will publish the final audited financial
results for the period ended 31 December 2014 and dividend declaration once the external
audit is finalised and all internal governance processes are completed. This is expected to
be on, or around, 27 February 2015. Accordingly, Shareholders are advised to exercise caution
when dealing in the Company’s securities.
For and on behalf of the board
J Burbidge
Chairman
30 January 2015, Gaborone
Debt sponsor in South Africa
The Standard Bank of South Africa Limited, acting through its Corporate and
Investment Banking division
Sponsoring broker in Botswana
Stockbrokers Botswana Limited
Date: 30/01/2015 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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