EOH HOLDINGS LIMITED - Voluntary Announcement - Acquisitions Relating to EOHS Expansion into MEA and Tranding Update Indication

Voluntary Announcement - Acquisitions Relating to EOH’S Expansion into MEA and Tranding Update Indication

EOH HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/014669/06)
Share code: EOH ISIN: ZAE000071072
(“EOH” or “the Company”)


VOLUNTARY ANNOUNCEMENT - ACQUISITIONS RELATING TO EOH’S EXPANSION INTO AFRICA
AND MIDDLE EAST AND TRADING UPDATE INDICATION FOR THE SIX MONTH PERIOD TO
31 JANUARY 2016


EXPANSION INTO AFRICA AND MIDDLE EAST (MEA)

Further to the Company’s published plans to expand into new territories, EOH has concluded the acquisition
of 50% or more of the following businesses, all in the EOH ICT Division (“the Acquisitions”):

-      Consol Systems – Morocco
-      BC Skills – Morocco
-      Acron – Turkey
-      Cozumevi – Turkey
-      Acron – Iran
-      EBS – Mozambique

The Acquisitions will serve as a base for EOH to grow aggressively in these territories, both organically and
through further acquisitions, by providing EOH’s vast range of service offerings which are all relevant to
these economies. In addition, we have set up offices in the United Arab Emirates (UAE) aimed at serving the
region.

EOH now has over 1 000 employees based outside of South Africa, making EOH a truly significant player in
these territories.

TRADING UPDATE INDICATION

EOH’s growth for the six month period to 31 January 2016 is expected to again be positive with significant
year-on-year growth in revenue, profit and Headline Earning Per Share (HEPS).

A detailed trading update will be published during the second half of February 2016.

The interim results for the six months ending 31 January 2016 will be published on 9 March 2016.


Johannesburg
12 January 2016

Sponsor
Merchantec Capital

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