SANTOVA LIMITED - Trading Statement And Cancellation Of Treasury Shares

Trading Statement And Cancellation Of Treasury Shares

Santova Limited
("Santova" or "the Company")
(Registration Number 1998/018118/06)
Share Code: SNV
ISIN: ZAE000159711

Trading Statement and Cancellation of Treasury Shares

In terms of the Listings Requirements of the JSE Limited (“JSE”), a company is required to issue
a trading statement once it is satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported upon will differ by at least 20% from the financial results for
the previous corresponding period.

Accordingly, shareholders are advised that in respect of the six-months ended 31 August 2021, the
Company is expecting to announce earnings per share (“EPS”) and headline earnings per share
(“HEPS’’) of between 47.5c and 48.6c. This is an increase of between 118.1% and 123.1%
compared to the published EPS and HEPS number of 21.8c for the six-months ended 31 August
2020.

                                   6 Months to 31 August
                              2020              2021                                    % Change

               EPS             21.8c          47.5c to 48.6c               118.1% to 123.1 %
              HEPS             21.8c          47.5c to 48.6c               118.1% to 123.1 %

The financial information on which this trading statement is based has not been reviewed or
audited by the Company`s external auditors, Moore.

The Company’s interim results for the six months ended 31 August 2021 are expected to be
published on SENS on or before 29 October 2021.

Cancellation of Treasury Shares

Shareholders are further advised that the Company has obtained approval from the JSE Limited
for the cancellation of 2 671 027 shares of no par value (“Treasury Shares”), effective 20 October
2021.

The Treasury Shares were repurchased from the market through Santova Financial Services (Pty)
Limited, a wholly owned subsidiary of Santova at an average price of 348.21 cents per share,
pursuant to the general authority granted by means of special resolution passed at the Annual
General Meetings of the Company held on 31 July 2020 and 26 July 2021, respectively.

Following the cancellation of the Treasury Shares, the remaining share capital of the Company
now comprises 138 231 948 ordinary shares of no par value.

Durban
20 October 2021
Sponsor and Corporate Advisor
River Group

Date: 20-10-2021 05:10:00
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