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

EQSTRA HOLDINGS LIMITED - Trading statement and notification of year end results presentation

Release Date: 15/08/2014 14:15
Code(s): EQS     PDF:  
Wrap Text
Trading statement and notification of year end results presentation

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS, EQS01, EQS02, EQS04, EQS05, EQS06, EQS07, EQS08A, EQS09
ISIN: ZAE000117123
("Eqstra" or "the group")

TRADING STATEMENT AND NOTIFICATION OF YEAR END RESULTS PRESENTATION

Trading statement

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement
as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period
to be reported on will differ by 20% or more from the financial results of the previous corresponding period.

Shareholders were advised on SENS on 19 June 2014 that the group anticipates both headline earnings per
share ("HEPS") and earnings per share ("EPS") to decrease by between 32% and 42% for the year ended 30
June 2014 when comparing HEPS and EPS as reported at 30 June 2013.

Subsequent to this announcement Protech Khuthele Holdings Limited (Protech) was placed under liquidation
and the group adjusted the R63 million investment impairment for HEPS that had not been added back in the
previous announcement. The group now anticipates HEPS to decrease by between 25% and 30% and EPS to
decrease by between 37% and 42%.

The financial information, on which this trading statement is based, has not been reviewed and reported on by
Eqstra's external auditors. The statement is based on financial information available at the time of this
publication.

Results presentation

Eqstra's year end results will be released on SENS on or about 2 September 2014. The group will be updating
the market on its business in a presentation in Johannesburg on the same day, which will also be webcast on
www.eqstra.co.za, and in Cape Town on 3 September 2014. The presentation and dial-in codes will be available
for all stakeholders on the group's website www.eqstra.co.za

Kempton Park
15 August 2014

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

Date: 15/08/2014 02:15:00 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