To view the PDF file, sign up for a MySharenet subscription.

BARCLAYS AFRICA GROUP LIMITED - Trading statement for the period ended 31 December 2013

Release Date: 03/02/2014 17:22
Code(s): BGA     PDF:  
Wrap Text
Trading statement for the period ended 31 December 2013

BARCLAYS AFRICA GROUP LIMITED

(Formerly known as Absa Group Limited)

(Incorporated in the Republic of South Africa)

(Registration number: 1986/003934/06)

ISIN: ZAE000174124

JSE share code: BGA

(“Barclays Africa Group” or “the Group”)

BARCLAYS AFRICA GROUP: TRADING STATEMENT FOR THE PERIOD ENDED 31
DECEMBER 2013

Shareholders are advised that Barclays Africa Group’s basic earnings per share (EPS) for
the year ended 31 December 2013 is expected to be 19% to 20% higher than the pro forma
(including Barclays Africa Limited, as disclosed on SENS on 2 December 2013) of 1180.4
cents for the prior year.

The Group’s diluted headline EPS for the period is expected to exceed 2012’s pro forma
1227.6 cents by 13% to 14%. The difference in growth rates arises largely because the
Group’s headline earnings exclude the gain on disposing of its Custody and Trustee
business in 2013 and net negative fair value adjustments in investment properties of R388
million in 2012.

The financial information on which the trading statement has been based has not been
reviewed or reported on by Barclays Africa Group’s auditors. The Group`s 2013 results will
be released on Tuesday, 11 February 2014.



Johannesburg

3 February 2014



Enquiries:

Alan Hartdegen – Head: Group Investor Relations

Telephone: +27 (0)11 350-2598

Email: alan.hartdegen@barclaysafrica.com

Independent lead sponsor to Barclays Africa Group

J.P. Morgan Equities South Africa Proprietary Limited

Joint sponsor to Barclays Africa Group

Absa Corporate and Investment Banking, a division of Absa Bank Limited

Date: 03/02/2014 05:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story