ARGENT INDUSTRIAL LIMITED - Trading Statement

Trading Statement

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
(“Argent” or “the company” or “group”)

TRADING STATEMENT

In terms of paragraph 3.4 (b) of the JSE Limited Listings Requirements, a listed company is
required to publish a trading statement as soon as it becomes reasonably certain that the
financial results for the next period to be reported on will differ by 20% or more from the
financial results of the previous corresponding period.

The company hereby advises that a reasonable degree of certainty exists that, for the six-
month period ended 30 September 2022 (“Current Period”):

 -   headline earnings per share (“HEPS”) is expected to be between 164.7 and 194.3 cents
     per share, representing an increase of between 11.2% and 31.2% compared to the HEPS
     of 148.1 cents reported for the six months ended 30 September 2021 (“Prior Period”);
     and

 -   earnings per share (“EPS”) is expected to be between 166.7 and 195.2 cents per share,
     representing an increase of between 16.9% and 36.9% compared to the EPS of 142.5
     cents reported for the Prior Period.

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

It is anticipated that the results for the Current Period will be published on or about 15
November 2022.

Umhlanga
1 November 2022

Sponsor
PSG Capital

Date: 01-11-2022 04:05:00
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