To view the PDF file, sign up for a MySharenet subscription.

NVEST FINANCIAL HOLDINGS LIMITED - Further trading statement

Release Date: 31/05/2016 15:56
Code(s): NVE     PDF:  
Wrap Text
Further trading statement

NVEST FINANCIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/015990/06)
(“NVest” or “the Company”)
ISIN Code: ZAE000199865 JSE Code: NVE


FURTHER TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 29 FEBRUARY 2016


In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as
they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be
reported will differ by at least 20% from the financial results for the previous corresponding period or a profit
forecast previously provided to the market in relation to such period.

Further to the trading statement issued on 17 May 2016, the company advises that there has been a
change in computation of weighted average shares in issue to 248 935 830 for the year ended 29 February
2016. Shareholders are accordingly advised of the following relating to the Company’s earnings per share
and headline earnings per share:

-       The earnings for the financial year ended 29 February 2016 will be 23.28 cents per share,
        representing an increase of 22.7% on the earnings per share of 18.93 cents for the comparable
        period;
-       The headline earnings for the financial year ended 29 February 2016 will be 18.77 cents per share,
        representing an increase of 16.8% on the headline earnings per share of 16.07 cents for the
        comparable period.

The financial information on which this trading statement is based has not been reviewed nor reported on
by the Company’s auditors.

The Company’s financial results for the year ended 29 February 2016 will be published on the Stock
Exchange News Service of the JSE on 31 May 2016.

Johannesburg
31 May 2016

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 31/05/2016 03:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story