INSIMBI INDUSTRIAL HOLDINGS LIMITED - Updated Trading Statement For The Six Months Ending 31 August 2022

Updated Trading Statement For The Six Months Ending 31 August 2022

INSIMIBI INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB & ISIN: ZAE000116828
(“Insimbi” or “the Company”)

UPDATED TRADING STATEMENT FOR THE SIX MONTHS ENDING 31 AUGUST 2022

On 1 September 2022, the Company published a trading statement in which it advised
shareholders that a reasonable degree of certainty existed that earnings per share (“EPS”)
was expected to increase by a minimum of 20% (or 2.24 cents), and headline earnings per
share (“HEPS”) was expected to increase by a minimum of 20% (or 2.23 cents), respectively,
compared to the previous corresponding period.

Insimbi is currently in the process of finalising its results for the six months ending
31 August 2022, which will be announced on SENS on or about 14 October 2022. In terms of
the JSE Listings Requirements, the Company hereby confirms that a reasonable degree of
certainty now exists that for the six months ended 31 August 2022:

–   EPS is expected to be between 15.71 cents and 17.95 cents, representing an increase of
    between 40% and 60% (or an increase of between 4.49 cents and 6.73 cents) when
    compared to the EPS of 11.22 cents reported for the six months ended 31 August 2021;
    and

–   HEPS is expected to be between 15.64 cents and 17.87 cents, representing an increase
    of between 40% and 60% (or an increase of between 4.47 cents and 6.70 cents) when
    compared to the HEPS of 11.17 cents reported for the six months ended 31 August 2021.

The financial information on which this trading statement is based has not been reviewed nor
reported on by the Company’s external auditors.

Johannesburg
26 September 2022

Sponsor
PSG Capital

Date: 26-09-2022 04:00:00
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