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ANCHOR GROUP LIMITED - Trading statement

Release Date: 27/03/2020 15:15
Code(s): ACG     PDF:  
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Trading statement

ANCHOR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/005413/06)
Share code: ACG ISIN: ZAE000193389
(“Anchor” or “the Company”)


TRADING STATEMENT

Shareholders are advised that the earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the year
ended 31 December 2019 (“2019 financial year”), when compared to the year ended 31 December 2018 (“2018
financial year”), are expected to be as reflected in the table below:

                                                                                   Year ended         Year ended
                                                                                    31-Dec-19          31-Dec-18
 Total operations:
 EPS (cents)                                                                          43,1               -118,3
 Diluted EPS (cents)                                                                  42,7               -117,7
 HEPS (cents)                                                                         37,7                 12,8
 Diluted HEPS (cents)                                                                 37,5                 12,7

The significant increase in EPS and HEPS is due to Anchor earning a once-off termination fee in respect of the Astoria
investment management agreement during the 2019 financial year. The 2018 financial year results contained a
significant loss from discontinued operations, which has not been carried through to the 2019 financial year.
The financial information on which this trading statement is based has not been reviewed or reported on by the
Company’s auditors.

The financial results for the year ended 31 December 2019 will be released on or about 30 March 2020.

27 March 2020

Designated advisor
Java Capital
Date: 27-03-2020 03:15:00
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