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Trading Statement
Curro Holdings Limited
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, a listed company
is required to publish a trading statement as soon as it becomes aware
that the financial results for the financial period to be reported on next
will vary by 20% or more from those of the previous comparable period.
Accordingly, shareholders are hereby advised that a reasonable degree of
certainty exists that the Company’s earnings per share (“EPS”) and
headline earnings per share (“HEPS”) for the year ended 31 December 2015
will be between 26,5 cents and 29,0 cents per share compared to the 17,2
cents (restated from 17,7 cents as a result of the rights issue in May
2015) achieved for the prior corresponding period, being an increase of
between 54% and 69%.
The rights issue concluded during May 2015 requires the results for the
corresponding year ended 31 December 2014 to be restated. Based on the
previous published EPS and HEPS of 17,7 cents for the prior corresponding
period, Curro expects an increase of between 50% and 64% in EPS and HEPS.
The financial information on which this trading statement is based has not
been reviewed and reported on by Curro’s auditor.
The financial results for the year ended 31 December 2015 are expected to
be published on or about 23 February 2016.
By order of the Board
Durbanville
27 January 2016
Sponsor
PSG Capital
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