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RMB HOLDINGS LIMITED - Trading statement: year ended 30 June 2014

Release Date: 02/09/2014 15:23
Code(s): RMH     PDF:  
Wrap Text
Trading statement: year ended 30 June 2014

RMB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/005115/06)
JSE ordinary share code: RMH
ISIN: ZAE000024501
("RMH")

TRADING STATEMENT: YEAR ENDED 30 JUNE 2014

The Listings Requirements of the JSE Limited requires an issuer to publish a trading statement as soon as it
has a reasonable degree of certainty that Earnings Per Share ("EPS") and/or Headline Earnings Per Share
("Headline EPS") for the next reporting period will differ by at least 20% from those of the previous
corresponding reporting period.

RMH considers Normalised EPS, which excludes non-operational items and accounting anomalies, as a
more accurate indicator of its underlying operational performance.

Shareholders were advised in March 2014 of changes in accounting policies as a result of the adoption of
new and revised IFRS standards. These changes resulted in a restatement of the results for the prior year
ended 30 June 2013. Such restated results are used as basis for the guidance set out below.


Guidance regarding RMH's financial results for the year ended 30 June 2014 is as follows:

                                                    Year ended                        Guidance for the
Per share (cents)                                 30 June 2013                 year ended 30 June 2014

EPS(basic)                                               357.1                     23% to 29% increase
Headline EPS (basic)                                     370.6                     20% to 26% increase
Normalised EPS                                           361.7                     19% to 25% increase

The financial information on which this trading statement is based has not been reviewed and reported on
by RMH's external auditors.

RMH's audited financial results for the year ended 30 June 2014 are expected to be released on the Stock
Exchange News Service on or about Wednesday, 10 September 2014.

Sandton
2 September 2014

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

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