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RMB HOLDINGS LIMITED - Trading statement: year ended 30 June 2013

Release Date: 03/09/2013 11:58
Code(s): RMH     PDF:  
Wrap Text
Trading statement: year ended 30 June 2013

RMB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1987/005115/06
ISIN: ZAE000024501
Share Code: RMH
("RMH")

TRADING STATEMENT: YEAR ENDED 30 JUNE 2013

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 reporting period.

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

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


                   As reported for year         Guidance increase for
                    ended 30 June 2012       the year ended 30 June 2013

EPS                       318.7c                       9-13%

Headline EPS              304.9c                      19-22%

Normalised EPS            296.5c                      19-22%

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 year ended 30 June 2013 will be released on SENS on or
about Wednesday 11 September 2013.

Sandton
3 September 2013

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

Date: 03/09/2013 11:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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