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TRUSTCO GROUP HOLDINGS LIMITED - Trading statement

Release Date: 29/10/2014 13:22
Code(s): TTO     PDF:  
Wrap Text
Trading statement

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
NSX share code: TUC
JSE share code: TTO
ISIN Number: NA000A0RF067
("the Group")

TRADING STATEMENT FOR THE INTERIM RESULTS OF THE SIX MONTHS ENDED 30
SEPTEMBER 2014

In terms of the Listings Requirements of the JSE Limited, a listed
company is required to publish a trading statement as soon as it
becomes reasonably certain that the financial results for the next
period to be reported on will show a 20% or more difference from
those of the previous corresponding period.

Shareholders are hereby advised that the Group is currently
finalising its interim results for the six months ended 30 September
2014.

The Group expects:

  -   headline earnings per share for the six months ended 30
      September 2014 to be between 15.16 cents and 15.76 cents,
      which is between 402% and 422% higher than that of the
      previous comparable period's 3.02 cents; and
  -   basic earnings per share for the six months ended 30 September
      2014 to be between 17.62 cents and 19.33 cents, which is 105%
      and 125% higher than that of the previous comparable period's
      8.59 cents.


Further details will be provided in the interim Group results for
the six months ended 30 September 2014, due to be published on SENS
on or about 12 November 2014.

The Financial information on which this trading statement is based
has not been reviewed or reported on by the Group's auditors in
accordance with either 3.4b(viii)(1)(aa) or 3.4b(viii)(1)(bb) of the
Listings Requirements of the JSE Limited.



Sandra Miller
Company Secretary
29 October 2014

JSE Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)

NSX Sponsor
IJG (Pty) Limited

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