ECSPONENT LIMITED - Trading Statement for the 12 months ended 31 December 2016

Trading Statement for the 12 months ended 31 December 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 12 months ended 31 December 2016


In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are 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% from those of the
previous corresponding reporting period.

The Board therefore wishes to advise shareholders that it is reasonably certain that the second interim
period results* for the twelve-month period ended 31 December 2016 when compared with the
published results for the financial year ended 31 December 2015 (“Comparative Period”), will differ as
follow:

•    earnings per share (“EPS”) are expected to increase by a minimum of 20%, resulting in a minimum
     EPS of 3.109 cents per share, as compared to the EPS of 2.591 cents per share for the
     Comparative Period; and

•    headline earnings per share (“HEPS”) are expected to decrease by a maximum of 25%, resulting
     in a minimum HEPS of 1.868 cents per share, as compared to the HEPS of 2.490 cents per share
     for the Comparative Period.

* Shareholders are referred to the announcement dated 12 December 2016 which contained details of
the change in the Group’s financial year end from 31 December 2016 to 31 March 2017.


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

The second interim period results for the twelve-month period ended 31 December 2016 will be
released on or by 31 March 2017.



10 March 2017

Pretoria



Sponsor to Ecsponent

Questco (Pty) Ltd

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