enX GROUP LIMITED - Further Trading Statement

Further Trading Statement

ENX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
JSE share code: ENX ISIN: ZAE000222253
(“enX” or “the company”)


FURTHER TRADING STATEMENT


Shareholders are referred to the trading statement released on SENS on 18 April 2017 wherein the company noted that:

-    earnings per share (“EPS”) for the six months ended 28 February 2017 (the “current financial period”) was to be
     between 63.4 cents per share and 70.1 cents per share, being between 84.8% and 104.3% higher, as compared to the EPS
     of 34.3 cents per share for the six months ended 29 February 2016 (the “previous corresponding financial period”)
     (after adjusting for the company’s share consolidation in the ratio of 11:1 on 24 October 2016 (the “share consolidation”)
     (prior to the share consolidation EPS was reported as 3.1 cents per share for the previous corresponding financial period));

-    headline earnings per share (“HEPS”) for the current financial period was expected to be between 71.3 cents per share and
     78.0 cents per share, being between 107.8% and 127.4% higher, as compared to the HEPS of 34.3 cents per share for the
     previous corresponding financial period (after adjusting for the share consolidation (prior to the share consolidation HEPS
     was reported as 3.1 cents per share for the previous corresponding financial period)); and

-    adjusted headline earnings per share (“adjusted HEPS”) for the current financial period was expected to be between 91.5
     cents per share and 100.1 cents per share, being between 109.7% and 129.5% higher, as compared to the adjusted HEPS of
     43.6 cents per share for the previous corresponding financial period (after adjusting for the share consolidation (prior to
     the share consolidation adjusted HEPS was reported as 4.0 cents per share)). Adjusted HEPS excludes the after-tax effects
     of transaction costs incurred to acquire Eqstra Investments Proprietary Limited, amortisation of intangibles, equity
     accounted losses in eXtract Group Limited (formally Eqstra Holdings Limited) and IFRS2 charges. Adjusted HEPS is
     disclosed, as the board is of the view that this more accurately reflects the company’s underlying trading performance.

Shareholders are now advised that enX is expecting –

-    EPS for the current financial period to be between 70 cents per share and 75 cents per share, being between 104.1% and
     118.7% higher, as compared to the EPS of 34.3 cents per share for the previous corresponding financial period (after
     adjusting for the company’s share consolidation (prior to the share consolidation EPS was reported as 3.1 cents per share
     for the previous corresponding financial period));

-    HEPS for the current financial period is expected to be between 70 cents per share and 75 cents per share, being between
     104.1% and 118.7% higher, as compared to the HEPS of 34.3 cents per share for the previous corresponding financial
     period (after adjusting for the share consolidation (prior to the share consolidation HEPS was reported as 3.1 cents per
     share for the previous corresponding financial period)).

-    Adjusted HEPS for the current financial period is expected to be between 100.5 cents per share to 105.5 cents per share,
     being between 130.5% and 141.97% higher, as compared to the adjusted HEPS of 43.6 cents per share for the previous
     corresponding financial period (after adjusting for the share consolidation (prior to the share consolidation HEPS was
     reported as 4.0 cents per share for the previous corresponding financial period)).

The financial information on which this trading statement is based has not been reviewed or reported on by the company’s
auditors.

The company’s financial results for the six months ended 28 February 2017 are expected to be released on SENS on or about
15 May 2017.

12 May 2017


Sponsor
Java Capital

Date: 12/05/2017 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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