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VOLUNTARY TRADING STATEMENT
SANTOVA LIMITED
("Santova" or "the Company")
(Registration Number 1998/018118/06)
Share Code: SNV
ISIN: ZAE000159711
VOLUNTARY TRADING STATEMENT
Shareholders are advised that a reasonable degree certainty exists over Group earnings for the six
months ended 31 August 2016 and the Company is in a position to issue this voluntary trading
statement in terms of Section 3.4 (b) of the Listings Requirements of the JSE limited.
Accordingly, the Board is pleased to announce that Santova expects Group normalised headline
earnings for the six months ended 31 August 2016 to be between R27.7 million and R29.8
million, which is 30% to 40% higher than the R21.3 million reported in the previous
corresponding period. This will in turn translate into normalised headline earnings per share of
between 17.97 and 18.76 cents per share, which is 15% to 20% higher than the 15.63 cents per
share reported for the previous corresponding period. When considering the current state of the
local economy and the international logistics market which has seen weaker trade volumes, over-
supply of shipping capacity and depressed freight rates, these results demonstrate a strong level
of resilience from within the Group and the continued benefits from the Group's offshore
diversification strategy.
The Group's basic earnings per share for the same period are expected to be between 18.11 and
18.93 cents per share, which is 10% to 15% higher than the 16.46 cents per share reported in the
previous corresponding period.
In addition, shareholders are advised that Santova expects Group headline earnings per share for
the six months ended 31 August 2016 to be between 18.12 and 18.94 cents per share, which is
10% to 15% higher than the 16.47 cents per share reported in the previous corresponding period.
The financial information on which this trading statement is based has not been reviewed or
audited by the Company's external auditors, Deloitte & Touche.
The Company's interim results for the six months ended 31 August 2016 are expected to be
published on SENS on or before 1 November 2016.
Durban
13 October 2016
Sponsor and Corporate Advisor
River Group
Date: 13/10/2016 08:02:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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