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TRANSACTION CAPITAL LIMITED - Trading statement in respect of The six months ended 31 March 2015

Release Date: 30/04/2015 15:20
Code(s): TCP     PDF:  
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Trading statement in respect of The six months ended 31 March 2015

Transaction Capital Limited
(Incorporated in the Republic of South Africa)
Registration number: 2002/031730/06
JSE share code: TCP
ISIN: ZAE000167391
Tax reference number: 9466/298/15/6
(“Transaction Capital” or “group”)

TRADING STATEMENT IN RESPECT OF THE SIX MONTHS ENDED 31 MARCH 2015

In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited (“JSE”), an issuer is required to publish a
trading statement as soon as it is satisfied that earnings per share (“EPS”) and/or headline earnings per share
(“HEPS”) for the next period to be reported on are expected, with a reasonable degree of certainty, to differ by at
least 20% from that of the previous corresponding period.

Accordingly, the table that follows provides guidance for the expected increases in the group's Basic earnings, Basic
EPS, Headline earnings and HEPS for the six months ended 31 March 2015. Total earnings have been presented as
required but are not meaningful in the current reporting period as the business units reflected in discontinued
earnings no longer form part of the group and there are no discontinued operations to report on in the first six
months of the 2015 financial period. The section “continuing earnings” reflects the results of the group as currently
structured.

                                Six months ended       Guidance six months ended          Guidance six months ended
                                  31 March 2014              31 March 2015                     31 March 2015
                                     (Actual)           (Expected number range)          (Expected percentage range)
 Continuing earnings1:
 Basic earnings                      R148m                   R173m to R181m                       17% to 22%
 Basic EPS                          25.5 cents            29.8 cents to 31.1 cents                17% to 22%
 Headline earnings                   R148m                   R173m to R181m                       17% to 22%
 Headline EPS                       25.5 cents            29.8 cents to 31.1 cents                17% to 22%

 Discontinued earnings1:
 Basic earnings2                      R607m                         R0m                              -100%
 Basic EPS2                         104.8 cents                    0 cents                           -100%
 Headline earnings                     R21m                         R0m                              -100%
 Headline EPS                        3.6 cents                     0 cents                           -100%

  Total earnings1:
  Basic earnings2                        R755m               R173m to R181m                     -77.1% to -76.0%
            2
  Basic EPS                            130.3 cents        29.8 cents to 31.1 cents              -77.1% to -76.0%
  Headline earnings                      R169m               R173m to R181m                       2.5% to 7.3%
  Headline EPS                         29.1 cents         29.8 cents to 31.1 cents                2.5% to 7.0%
1
 Attributable to ordinary equity holders of the group
2
  Includes the profit on the sale of subsidiary companies
Shareholders are advised that the financial information on which this trading statement is based has not been
reviewed and reported on by the group’s external auditors.

Transaction Capital’s results for the six months ended 31 March 2015 are expected to be released on the Stock
Exchange News Service of the JSE on Tuesday, 5 May 2015.

Sandton
30 April 2015

Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 049 6729

Sponsor:
Deutsche Securities (SA) Proprietary Limited

Date: 30/04/2015 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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