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OMNIA HOLDINGS LIMITED - Trading Statement for the Six Months Ended 30 September 2019

Release Date: 19/11/2019 13:50
Code(s): OMN     PDF:  
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Trading Statement for the Six Months Ended 30 September 2019

OMNIA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1967/003680/06)
JSE code: OMN
ISIN: ZAE000005153
(“Omnia” or the “Company”)


TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019


In terms of paragraph 3.4 of the Listings Requirements of JSE Limited, a company is required to publish a
trading statement as soon as its board is satisfied that there is a reasonable degree of certainty that the financial
results for a period to be reported on will differ by more than 20% from that of the previous corresponding
period.

Accordingly, a review by the board of the financial results for the six months ended 30 September 2019
(“current interim period”) has indicated that:
    •  earnings per share is expected to increase by between 121% and 131%, from a loss per share of
       138 cents for the six months ended 30 September 2018, to earnings per share of between 30 cents and
       42 cents for the six months ended 30 September 2019; and
    •  headline earnings per share is expected to increase by between 130% and 138%, from a headline loss
       per share of 140 cents for the six months ended 30 September 2018, to headline earnings per share of
       between 42 cents and 54 cents for the six months ended 30 September 2019.

IAS33 – Earnings per share, requires that the calculation of basic and diluted earnings per share (and as a
consequence headline earnings per share) for all periods presented is adjusted retrospectively when the number
of ordinary or potential ordinary shares outstanding increases as a result of a capitalisation. Therefore, the
restated 30 September 2018 earnings per share and headline earnings per share, taking into account the impact
of the rights issue that occurred during the current interim period, are as follows:

 30 September 2018                                       As previously reported                       Restated
 Loss per share (cents)                                                   (138)                          (120)
 Headline loss per share (cents)                                          (140)                          (122)

Based on the restated loss per share and headline loss per share:
   •  earnings per share is expected to increase by between 125% and 135%, from a restated loss per share
      of 120 cents for the six months ended 30 September 2018 to earnings per share of between 30 cents
      and 42 cents for the six months ended 30 September 2019; and
   •  headline earnings per share is expected to increase by between 135% and 145%, from a restated loss
      per share of 122 cents for the six months ended 30 September 2018, to headline earnings per share of
      between 42 cents and 54 cents for the six months ended 30 September 2019.

Omnia expects to release its financial results for the six months ended 30 September 2019 on or about
26 November 2019.

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

19 November 2019

Sponsor
Merchantec Capital

Date: 19/11/2019 01:50:00
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