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ALARIS HOLDINGS LIMITED - Trading Statement

Release Date: 24/02/2016 10:00
Code(s): ALH     PDF:  
Wrap Text
Trading Statement

Alaris Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1997/011142/06)
Share code: ALH   ISIN: ZAE000201554
(“Alaris”)


TRADING STATEMENT


Update of comparative financial information based on previous restatement

Shareholders are referred to paragraphs 4.2 and 4.3 of the ‘Restatement of Comparatives’ note to the
‘Condensed Consolidated Results for the Financial Year Ended 30 June 2015 released on SENS on
30 September 2015. Shareholders are hereby advised that owing to the same explanations contained
therein, the effect on the financial results for the six months ended 31 December 2014 is as follows:

                                                                         As previously
                                                            Restated       reported on   Percentage
                                                    31 December 2014       8 July 2015     change(%)
Total operations - Basic earnings per ordinary
share (cents)                                                   1.44             15.94        (91.0)
Total operations - Diluted basic earnings per
ordinary share (cents)                                          2.87              2.25         27.6
Total operations - Headline earnings per
ordinary share (cents)                                          0.06             14.56        (99.6)
Total operations - Diluted headline earnings per
ordinary share (cents)                                          1.41              0.79         78.5

Trading Statement

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement
as soon as they become reasonably certain that the financial results for the period to be reported on will
differ by more than 20% from that of the previous corresponding period.

Accordingly, a review of the financial results for the six months ended 31 December 2015 by management
has indicated that:
-  the basic earnings per share (“EPS”) is expected to be between 0.89 cents and 1.17 cents, reflecting a
   decrease of between 18% and 38% compared to the restated EPS of 1.44 cents for the six months ended
   31 December 2014; and

-  the headline earnings per share (“HEPS”) is expected to be between 1.02 cents and 1.04 cents, reflecting
   an increase of between 1607% and 1627% compared to the restated HEPS of 0.06 cents for the six
   months ended 31 December 2014.

The financial information on which this trading statement is based has not been reviewed or reported on by
Alaris’ auditors. Alaris’ interim financial results are expected to be released on SENS on or about
8 March 2016.

Johannesburg
24 February 2016

Designated Adviser
Merchantec Capital

Date: 24/02/2016 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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