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TRANSACTION CAPITAL LIMITED - Trading Statement in respect of the 6 months ended 31 March 2013

Release Date: 03/05/2013 12:46
Code(s): TCP     PDF:  
Wrap Text
Trading Statement in respect of the 6 months ended 31 March 2013

TRANSACTION CAPITAL LIMITED
(formerly Transaction Capital Proprietary Limited)
(Incorporated in the Republic of South Africa)
Registration number 2002/031730/06
JSE Share Code: TCP
ISIN: ZAE000167391
(“Transaction Capital” or “Group”)

Trading Statement in respect of the 6 months ended 31 March 2013

The board of Transaction Capital has elected to issue a voluntary trading statement in light of the
substantial difference between expected earnings per share (“EPS”) growth and earnings growth,
which more accurately reflects the underlying performance of the Group.

This difference is largely attributable to the weighted average number of shares increasing by 23.4%
to 584.1 million, as a result of the February 2012 private placements and the June 2012 IPO.

Shareholders are accordingly advised of the following expected earnings growth ranges for the 6
months ended 31 March 2013.

                                       6 months ended                    6 months ended
                                        31 March 2012                     31 March 2013
                                            Actual                    Expected Growth Range
 Basic Earnings                            R171m                           33% to 37%
 Basic EPS                                36.1 cents                        7% to 11%
 Headline Earnings                         R171m                           33% to 37%
 Headline EPS                             36.1 cents                        7% to 11%

The financial information in respect of the 6 month period ended 31 March 2013, on which this
trading statement is based, has not been reviewed and reported on by the Group’s external
auditors.

Transaction Capital intends to publish its interim results for the 6 months to 31 March 2013 on or
about Tuesday, 7 May 2013.

Sandton
3 May 2013

Sponsor:
Deutsche Securities (SA) (Pty) Ltd

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