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NVEST FINANCIAL HOLDINGS LIMITED - Trading Statement for the Interim Period Ended 31 August 2021

Release Date: 26/10/2021 13:15
Code(s): NVE     PDF:  
Wrap Text
Trading Statement for the Interim Period Ended 31 August 2021

NVEST FINANCIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/015990/06)
(“NVest” or “the Company”)
ISIN Code: ZAE000199865      JSE Code: NVE

TRADING STATEMENT FOR THE INTERIM PERIOD ENDED 31 AUGUST 2021

In terms of the 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 will differ by at least 20% from the financial results for the previous
corresponding period or a profit forecast previously provided to the market in relation to such
period.

The Company expects that the Headline Earnings Per Share for the six months ended 31 August
2021 will decrease by 29.2% from 13.51 cents to 9.56 cents in the prior comparable period. Earnings
Per Share will be 4.9% higher at 9.74 cents, up from 9.28 cents in the prior comparable period.

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

The Company’s financial results for the six months ended 31 August 2021 will be published on the
Stock Exchange News Service of the JSE on or about 2 November 2021.

East London
26 October 2021

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 26-10-2021 01:15:00
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