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NOVUS HOLDINGS LIMITED - Trading statement update

Release Date: 02/05/2017 14:45
Code(s): NVS     PDF:  
Wrap Text
Trading statement update

Novus Holdings Limited
 (Incorporated in the Republic of South Africa)
JSE share code: NVS
ISIN: ZAE000202149
Registration number: 2008/011165/06
(“Novus Holdings”, “the Company” or “the Group”)


TRADING STATEMENT UPDATE


Shareholders are referred to the trading statement released on the Johannesburg Stock Exchange News
Service on 12 April 2017, advising that the Group expects its basic earnings per share (“EPS”) and
headline earnings per share (“HEPS”) for the year ended 31 March 2017 to be lower than the previous
corresponding period.

In the same announcement, the Group undertook to issue a further trading statement once there was
clarity on the specific range in EPS and HEPS.

Shareholders are advised that the Group expects its basic EPS for the year ended 31 March 2017 to be
within the range of 76.7 cents and 80.9 cents. This corresponds to a decline of between 42% and 45%
when compared to the reported EPS of 139.5 cents for the year ended 31 March 2016. The Group
expects its HEPS for the year ended 31 March 2017 to be within the range of 107.7 cents and 111.9
cents. This corresponds to a decline of between 20% and 23% when compared to the reported HEPS of
139.9 cents for the year ended 31 March 2016.

The Group expects to release its results for the year ended 31 March 2017 on SENS on or about 09 June
2017.

The financial information on which this trading statement is based has not been reviewed or reported
on by the external auditors of Novus Holdings.


Cape Town

02 May 2017

Sponsor: Investec Bank Limited




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