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KAP INDUSTRIAL HOLDINGS LIMITED - Updated Trading Statement For The Six Months Ended 31 December 2021

Release Date: 02/02/2022 12:00
Code(s): KAP     PDF:  
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Updated Trading Statement For The Six Months Ended 31 December 2021

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
(“KAP” or “the Company”)


UPDATED TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2021


On 19 November 2021, the Company published a trading statement in which it advised shareholders that a
reasonable degree of certainty existed that headline earnings per share (“HEPS”) and earnings per share
(“EPS”) were expected to increase by more than 20% compared to the previous corresponding period.

KAP is currently in the process of finalising its results for the six months ended 31 December 2021, which
will be announced on the Stock Exchange News Service (“SENS”) of the JSE Limited (“JSE”) on or about
23 February 2022. In terms of the JSE Listings Requirements we hereby confirm that a reasonable degree
of certainty now exists that for the six months ended 31 December 2021:

From continuing operations:
-   HEPS will be between 36.0 cents and 38.4 cents, representing an increase of between 57% and 67%
    compared to the HEPS of 23.0 cents reported for the previous corresponding period; and
-   EPS will be between 36.3 cents and 38.7 cents, representing an increase of between 49% and 59%
    compared to the EPS of 24.4 cents reported for the previous corresponding period.

From continuing and discontinued operations:
-   HEPS will be between 36.5 cents and 38.5 cents, representing an increase of between 77% and 87%
    compared to the HEPS of 20.6 cents reported for the previous corresponding period; and
-   EPS will be between 36.2 cents and 38.4 cents, representing an increase of between 64% and 74%
    compared to the EPS of 22.1 cents reported for the previous corresponding period.

Shareholders are advised that the information in this announcement has not been audited, reviewed or
otherwise reported on by the Company’s external auditors.

By order of the Board
KAP Secretarial Services Proprietary Limited

Stellenbosch
2 February 2022

Sponsor
PSG Capital  

Date: 02-02-2022 12:00:00
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