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RMB HOLDINGS LIMITED - Trading Statement: Six Months Ended 31 December 2012

Release Date: 25/02/2013 14:45
Code(s): RMH     PDF:  
Wrap Text
Trading Statement: Six Months Ended 31 December 2012

RMB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1987/005115/06
ISIN: ZAE000024591
Share Code: RMH
("RMH")

TRADING STATEMENT: SIX MONTHS ENDED 31 DECEMBER 2012

Paragraph 3.4(b) of the Listings Requirements of the JSE Limited requires
an issuer to publish a Trading Statement as soon as it is satisfied that
a reasonable degree of certainty exists that the financial results to be
reported on next will differ by at least 20% from those of the previous
corresponding period.

RMH’s sole interest is its 34% investment in FirstRand Limited
(“FirstRand”). Shareholders are referred to FirstRand’s Trading Statement
released on SENS earlier today.

Guidance for the increase in RMH’s earnings per share (“EPS”), headline
EPS and normalised EPS are as follows:


                    As reported for the six       Guidance increase for
                   months ended 31 Dec 2011   six months ended 31 Dec 2012

Basic EPS                   146.3c                      14-18%

Headline EPS                135.6c                      25-30%

Normalised EPS              134.0c                      22-29%

As previously communicated to shareholders, RMH considers normalised EPS
to most accurately represent underlying operational performance.

The financial information on which this Trading Statement is based has
not been reviewed and reported on by RMH’s external auditors. RMH’s
results for the six months ended December 2012 will be released on SENS
on or about Wednesday 6th March 2013.

Sandton
25 February 2013

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

Date: 25/02/2013 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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