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Short form announcement: Audited summarised provisional consolidated annual financial statements - 30 April 2019
AVIOR CAPITAL MARKETS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2015/086358/06)
JSE Code: AVR
ISIN: ZAE000211637
("Avior Holdings" or “the Company”)
SHORT FORM ANNOUNCEMENT: AUDITED SUMMARISED PROVISIONAL CONSOLIDATED ANNUAL
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2019 AND CAUTIONARY ANNOUNCEMENT
HIGHLIGHTS:
• REVENUE DOWN 19%
• PROFIT FROM OPERATIONS DOWN 365%
• HEADLINE EARNINGS PER SHARE DOWN 542%
1. Introduction
1.1. Avior Holdings is the holding company of a capital markets group (“the Group”) that provides
research, stockbroking (e.g. equities, derivatives, fixed income and global), corporate broking
and access and transition management services offerings to institutional clients, corporate
and private wealth clients in South Africa and abroad. The Group has offices in Johannesburg,
Cape Town and London. Avior Holdings listed on the JSE Limited’s (“JSE”)’s Alternative
Exchange (“ALTX“) on 6 June 2017.
1.2. Avior Capital Markets (Pty) Limited, a wholly owned subsidiary of Avior Holdings, is rated one
of the top 10 research companies in the Financial Mail Ranking the Analyst Survey and has
achieved an overall unweighted ranking of number 7 in their recent rankings.
2. Short Form Announcement
2.1. This short-form announcement is the responsibility of the directors and is only a summary of
the information in the full announcement. The full announcement was released on SENS on
30 July 2019 and can be found on the Company's website at https://avior.co.za/investor-
centre/financials/.
2.2. Copies of the full announcement may also be requested at the Company's registered office,
at no charge, during office hours. In line with the Company's dividend policy, Avior Holdings
has not declared a dividend for the year ended 30 April 2019.
2.3. Any investment decision should be based on the full announcement published on SENS and
on the Company's website.
https://senspdf.jse.co.za/documents/2019/JSE/ISSE/AVRE/AviorAFS19.pdf
3. Cautionary Announcement
Shareholders are hereby advised that the board of directors of the Company is currently
considering the delisting of the Company from the JSE’s ALTX and accordingly, shareholders are
advised to exercise caution when dealing in the Company’s securities until such time as a further
announcement has been made by the Company in this regard.
By order of the board
Stephan David Price
Chairman
30 July 2019
Directors:
Executive Directors:
- Peter Koutromanos (Chief Executive Officer)
- Kevin Mattison (Managing Director)
- Justin Larsen (Financial Director)
Independent Non-executive Directors:
- Marilyn Ramplin
- Stephan David Price (Chairman)
- Thabo Mokgathla
Registered office:
11th Floor, South Tower, 140 West Street, Sandton, Johannesburg
www.avior.co.za
Designated Advisor:
Pallidus Capital Proprietary Limited
Company secretary:
Fusion Corporate Secretarial Services Proprietary Limited
Transfer secretaries:
4 Africa Exchange Registry Proprietary Limited
Date: 30/07/2019 05:40:00
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