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ECSPONENT LIMITED - Updated Trading Statement for the interim period ended 30 June 2015

Release Date: 25/09/2015 12:23
Code(s): ECS     PDF:  
Wrap Text
Updated Trading Statement for the interim period ended 30 June 2015

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

Updated Trading Statement for the interim period ended 30 June 2015

The board of directors is pleased to provide shareholders with a further update to the trading statement
released on 2 September 2015. The board anticipates substantially improved interim results as follows:

    -      Earnings per share (“EPS”) is expected to increase between 345% and 365%, resulting in EPS
           of between 1.727 cents and 1.804 cents per share as compared to 0.388 cents per share for
           the comparative period; and

    -      Headline earnings per share (“HEPS”) is expected to increase by between 3 115% and 3 135%,
           resulting in HEPS of between 0.514 cents and 0.518 cents per share compared to 0.016 cents
           per share for the comparative period.

In terms of the JSE Listings Requirements, 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 six months ended 30 June 2015, on which this trading statement is
based, has not been reviewed, audited or reported on by the Company's auditors.

The interim results for the six months ended 30 June 2015 will be published on or by 30 September
2015.


25 September 2015

Pretoria


Sponsor to Ecsponent

Questco (Pty) Ltd

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