AH-VEST LIMITED - Trading Statement

Trading Statement

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
(“AH-Vest” or “the company”)
Share code: AHL      ISIN code: ZAE000129177


TRADING STATEMENT


In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg Stock
Exchange, listed companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the period to be reported on
next will differ by at least 20% from those of the previous corresponding period or from a
profit forecast previously provided to the market in relation to such period.

Shareholders are advised that for the financial year ended 30 June 2019, the Company
expects to report:

-   earnings per share (“EPS”) of between 5.70 cents per share (“cps”) and 5.91 cps,
    being between 438% and 458% higher than the EPS of 1.06 cps reported for the
    comparative year ended 30 June 2018; and

-   headline earnings per share (“HEPS”) of between 5.80 cps and 6.01 cps, being
    between 452% and 472% higher than the HEPS of 1.05 cps reported for the
    comparative year ended 30 June 2018.

The improved results are due to an increase in capacity resulting in improved service
levels to our customers, improved production efficiencies and a continued focus on
working capital management.

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

The results for the year ending 30 June 2019 are expected to be released on SENS on or
about 11 October 2019.

Johannesburg
10 October 2019

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 10/10/2019 08:38:00
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