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NOVUS HOLDINGS LIMITED - Initial Trading Statement

Release Date: 09/11/2023 16:22
Code(s): NVS     PDF:  
Wrap Text
Initial Trading Statement

Novus Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2008/011165/06)
JSE share code: NVS    ISIN: ZAE000202149
("the Group")


INITIAL TRADING STATEMENT


In terms of the Listings Requirements of the JSE Limited ("JSE"), companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period to be reported
on will differ by more than 20% from the previous corresponding period.

Accordingly, a review of the financial results for the six-month period ended 30 September 2023 by
management has indicated that the earnings per share ("EPS") and headline earnings per share
("HEPS") are expected to increase by at least 500% compared to the EPS and HEPS of 2.60 cents and
2.89 cents, respectively, for the six-month period ended 30 September 2022.

A further trading statement will be released once the Company has a greater degree of certainty with
regards to its financial results for the six-month period ended 30 September 2023.

The financial information on which this announcement is based has not been reviewed or reported on by
the Group's external auditors.

Cape Town
9 November 2023

Sponsor
Merchantec Capital

Date: 09-11-2023 04:22:00
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