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ECSPONENT LIMITED - Trading Statement for the six months ended 30 June 2014

Release Date: 15/09/2014 08:26
Code(s): ECS     PDF:  
Wrap Text
Trading Statement for the six months ended 30 June 2014

ECSPONENT LIMITED
(Previously John Daniel Holdings Limited)
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
(“the Company” or “Ecsponent”)


Trading Statement for the six months ended 30 June 2014


In terms of the Listings Requirements of the JSE, a company is required to publish a trading
statement as soon as the company is satisfied, with a reasonable degree of certainty, that the
financial results for the period to be reported upon next will differ by at least 20% or more from those
of the corresponding reporting period of the previous year ("comparative period").

The estimates in respect of the interim reporting period ended 30 June 2014, on which the trading
statement is based, will not be reviewed, audited and reported on by the Company's auditors and the
following trading statement is therefore based on the information available at the time of this
announcement.

The board of directors are pleased to advise shareholders that the corporate actions and strategic
direction of the Group continues to gain traction resulting in improved financial performance by the
Group.

The board of directors accordingly advises shareholders of Ecsponent that:

-   Earnings per share (“EPS”) is expected to increase by a minimum of 8 272% from 0.004 cents
    for the previously reported comparative period, resulting in a minimum EPS of 0.36 cents per
    share; and
-   Headline earnings per share (“HEPS”) is expected to increase by a minimum of 54% from 0.010
    cents for the previously reported comparative period, resulting in a minimum HEPS of 0.016
    cents per share.

The results for the interim period ended 30 June 2014 will be published prior to 30 September 2014.



15 September 2014

Pretoria



Sponsor to Ecsponent

Questco (Pty) Ltd

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