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ECSPONENT LIMITED - Updated Trading Statement for the year ended 30 June 2019

Release Date: 13/11/2019 15:50
 
Wrap Text
Updated Trading Statement for the year ended 30 June 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”)

UPDATED TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2019

Shareholders are referred to the trading statement published on the Stock Exchange News Service of the
JSE Limited on 25 September 2019 and are advised that the board of directors of Ecsponent is reasonably
certain that the financial results for the year ended 30 June 2019, when compared with the published results
for the 15-month period ended 30 June 2018 (“Comparative Period”), will differ as follows:

•   earnings per share (“EPS”) is expected to decrease to a loss per share of between 24.60 cents to 22.71
    cents, as compared to the EPS of 9.465 cents for the Comparative Period; and

•   headline earnings per share (“HEPS”) is expected to decrease to a loss per share of between 13.34
    cents to 11.94 cents, as compared to the HEPS of 6.991 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.

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

13 November 2019
Pretoria

Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd

Date: 13/11/2019 03:50:00
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