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FRONTIER TRANSPORT HOLDINGS LIMITED - Trading Statement

Release Date: 15/11/2021 13:29
Code(s): FTH     PDF:  
Wrap Text
Trading Statement

FRONTIER TRANSPORT HOLDINGS LIMITED
(Formerly Hosken Passenger Logistics and Rail Limited)
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: FTH
ISIN: ZAE000300505
(“Frontier” or the “Company”)


TRADING STATEMENT

In terms of paragraph 3.4(b)(i) of the JSE Limited (“JSE”) Listings Requirements, companies
are required to publish a trading statement as soon as they are satisfied that a reasonable
degree of certainty exists that the financial results for the period to be reported on next will
differ by at least 20% from the results of the previous corresponding reporting period.

Shareholders are advised that a reasonable degree of certainty exists that the Company will
report earnings per share (“EPS”) for the six months ended 30 September 2021 of between
36 cents and 40 cents (increase of between 53% and 70% compared to 23.50 cents for the
six months ended 30 September 2021). Headline earnings per share (“HEPS”) is anticipated
to increase between 55% and 73% to between 36 cents and 40 cents compared to 23.16
cents for the six months ended 30 September 2020. The EPS and HEPS calculations are
based on a weighted number of shares in issue of 290 000 000 (2020: 290 000 000).

The above financial information is the responsibility of the directors and has not been reviewed
or reported on by the Company’s external auditors. The Company expects to release its
financial results for the six months ended 30 September 2021 on or about 25 November 2021.



Cape Town
15 November 2021

Sponsor
Investec Bank Limited

Date: 15-11-2021 01:29:00
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