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BISAN - Notice to Noteholders regarding the release of a Trading Statement for the six months ended 30 June 2020
SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
(“Santam” or the “Issuer”)
NOTICE TO NOTEHOLDERS REGARDING THE RELEASE OF A TRADING STATEMENT FOR THE SIX MONTHS ENDED
30 JUNE 2020
Noteholders are referred to the trading statement announcement released by the Issuer on the Stock
Exchange News Service on 19 August 2020 (“Trading Statement”).
The Trading Statement was released to provide security holders with an indication of a range for
headline earnings per ordinary share (“HEPS”) and earnings attributable to equity holders of Santam
per ordinary share (“EPS”) in terms of paragraph 3.4(b) of the JSE Limited Listings Requirements.
Noteholders are advised that Santam expects its HEPS for the six months ended 30 June 2020 to be
between 614 cps and 713cps (2019: 990 cps). This will be between 28% and 38% lower than that
reported for the comparative period in 2019. EPS is expected to be between -30 cps and 69 cps (2019:
990 cps) which is between 93% and 103% lower.
Noteholders are advised to refer to the Trading Statement for full details in this regard.
19 August 2020
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 19-08-2020 03:03:00
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