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ECSPONENT LIMITED - Trading statement for the six months ended 30 June 2016

Release Date: 16/09/2016 16:24
Code(s): ECS     PDF:  
Wrap Text
Trading statement for the six months ended 30 June 2016

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

Trading Statement for the six months ended 30 June 2016

In terms of the JSE Listings Requirements, the board of directors of the Company wishes to advise
shareholders that it is reasonably certain that, when compared with the published results for the period
ended 30 June 2015 (“Comparative Period”):

-   earnings per share (“EPS”) is expected to increase by between 20% and 30%, resulting in an EPS
    of between 2.114 cents and 2.290 cents per share, as compared to the EPS of 1.762 cents per
    share for the Comparative Period; and

-   headline earnings per share (“HEPS”) is expected to decrease by between 45% and 55%, resulting
    in a HEPS of between 0.832 cents and 1.017 cents per share, as compared to the restated* HEPS
    of 1.849 cents per share for Comparative Period.

* Shareholders are referred to the announcement released on 1 April 2016 which contained details of
the restatement.

The financial information on which this trading statement is based has not been reviewed by the
Company's auditors.

The interim results for the six months ended 30 June 2016 will be release on or by 30 September 2016.



16 September 2016

Pretoria


Sponsor to Ecsponent

Questco (Pty) Ltd

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