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ECSPONENT LIMITED - Trading Statement for the six months ended 31 December 2019

Release Date: 26/02/2020 14:06
 
Wrap Text
Trading Statement for the six months ended 31 December 2019

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

Trading Statement for the six months ended 31 December 2019

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.

Further to the announcement released by the Company dated 10 February 2020, the board of directors of Ecsponent
wish to advise shareholders that it is reasonably certain that the interim results for the period ended 31 December
2019, when compared with the published results for the interim period ended 31 December 2018 (“Comparative
Period”), will differ as follows:

•   earnings per share (“EPS”) are expected to decrease by at least 25.76 cents per share to a loss per share of
    at least 25.44 cents, as compared to the EPS of 0.319 cents for the Comparative Period; and

•   headline earnings per share (“HEPS”) are expected to decrease by at least 23.54 cents per share to a headline
    loss per share of at least 23.23 cents, as compared to the HEPS of 0.311 cents for the Comparative Period.

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

It is anticipated that the Company’s financial results for the interim period ended 31 December 2019 will be released
on or about 30 March 2019.

For more information about this announcement or the Ecsponent group, email
investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations

26 February 2020
Pretoria

Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd

Date: 26-02-2020 02:06:00
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