INSIMBI INDUSTRIAL HOLDINGS LIMITED - Further Trading Statement

Further Trading Statement

Insimbi Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration    number:     2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Group”)


FURTHER TRADING STATEMENT


In terms of the JSE Limited Listings Requirements, a listed Group is required to publish a
trading statement as soon as it becomes reasonably certain that the financial results for the
next period to be reported on will differ by 20% or more from the financial results for the
previous corresponding period.

The results for the previous corresponding period were significantly impacted by the various
levels of lockdown implemented in South Africa as a response to the outbreak of the Covid-
19 pandemic. Over the last 2 years, the Group has proven its resilience by adapting to volatile
market and economic conditions.

Further to the trading statement published on 16 February 2022 the Group hereby advises
that a reasonable degree of certainty exists that for the year ended 28 February 2022:

    •   EPS is expected to be between 23.45 and 25.57 cents per share being an increase of
        between 120% and 140% compared to the previous corresponding period of 10.61
        cents per share
    •   HEPS is expected to be between 24.93 and 27.01 cents per share being an increase
        of between 140% and 160% compared to the previous corresponding period of 10.36
        cents per share.

The financial information on which this trading statement is based has not been reviewed or
reported on by the auditor of the Group. The summarised consolidated financial results for the
year ended 28 February 2022 are expected to be published on or about 31 May 2022.

Johannesburg
29 March 2022

Sponsor
PSG Capital

Date: 29-03-2022 02:00:00
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