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INVICTA HOLDINGS LIMITED - Voluntary trading statement for the year ended 31 March 2014

Release Date: 29/05/2014 17:15
Code(s): IVT     PDF:  
Wrap Text
Voluntary trading statement for the year ended 31 March 2014

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN ZAE000173399
(“Invicta” or “the Company”)


VOLUNTARY TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2014


Invicta wishes to advise shareholders that for the year ended 31 March 2014, the Company expects
normalised earnings per share (“EPS”) to be 5 % to 8 % above those reported on for the previous
corresponding period.

Invicta shareholders are reminded that the above percentage changes take into account an
adjustment for the once off non-cash items, totalling R158 172 000 before tax, which were excluded
from the prior year results to determine normalised EPS. This same amount was also excluded from
earnings in applying our yearend dividend cover ratio of 2.75 in determining the dividend to be paid
to shareholders for the prior year.

If the same adjustment is made to the headline earnings per share (“HEPS”) as reported on for the
previous corresponding period, the Company expects an increase of 14% to 18% in normalised HEPS.

Normalised EPS for the year ended 31 March 2014 is the same as the EPS for the year.

The financial results on which this trading statement is based have not been reviewed or reported
on by the Company’s auditors. The Company’s results will be released in mid-June 2014.

29 May 2014
Cape Town
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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