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EQSTRA HOLDINGS LIMITED - Trading statement

Release Date: 25/01/2013 13:40
Code(s): EQS     PDF:  
Wrap Text
Trading statement

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS ISIN: ZAE000117123
(“Eqstra” or “the Group”)

TRADING STATEMENT

In compliance with section 3.4(b)of the JSE Listings Requirements, issuers
are obliged to provide guidance to the market when they are satisfied that
a reasonable degree of certainty exists that the financial results for the
period to be reported on next will differ by at least 20% from the results
of the previous corresponding period. Accordingly, the Board of Directors
(“the Board”) makes the following statement.

The Board is satisfied that a reasonable degree of certainty exists that
Eqstra’s continuing headline earnings per share for the six month period
ended 31 December 2012 will be at least 20% higher than the continuing
headline earnings per share as reported for the six month period ended 31
December 2011. There is currently insufficient certainty to be able to
provide guidance on the extent of the expected improvement in performance.
Accordingly, a range cannot be accurately estimated at this stage and
shareholders are advised that a further trading statement will be issued in
due course to provide earnings forecast ranges for headline earnings per
share as required by the JSE Listing Requirements.

Continuing earnings per share and earnings per share will not differ with
more than 20% compared to the previous period.

The Group’s interim results will be released on SENS on Thursday 7 March
2013.

Shareholders are advised that the financial information on which this
trading statement is based has neither been audited nor reviewed by the
Group’s auditors.

Kempton Park
25 January 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)


 

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