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FINBOND GROUP LIMITED - Trading Update - Year ended 28 February 2015

Release Date: 10/04/2015 13:48
Code(s): FGL     PDF:  
Wrap Text
Trading Update - Year ended 28 February 2015

Finbond Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE00013895
(“Finbond” or “the Company” or “the Group”)


TRADING UPDATE – YEAR ENDED 28 FEBRUARY 2015


In terms of the listing Requirements of the JSE Limited companies are required to publish a
trading statement as soon as they become reasonably certain that the financial results for the
next period to be reported on will differ by more than 20% from that of the previous
corresponding period. A review of the financial results for the year ended 28 February 2015
by the directors of the Company has indicated that:


    -      Headline earnings per share is expected to increase to between 8.0 cents and 9.0
           cents per share compared to 5.6 cents per share for the year ended 28 February
           2014, representing a percentage improvement of between 43% and 60%.

    -      Basic earnings per share is expected to increase to between 7.8 cents and 9.0 cents
           per share compared to 6.1 cents per share for the year ended 28 February 2014,
           representing a percentage improvement of between 28% and 47%.


The financial information on which this trading statement is based has not been reviewed or
reported on by Finbond’s auditors. Finbond’s results for the period ended 28 February 2015
are expected to be released on SENS on or before 16 April 2015.


Pretoria
10 April 2015


SPONSOR:
GRINDROD BANK LIMITED

Date: 10/04/2015 01:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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