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NVEST FINANCIAL HOLDINGS LIMITED - Trading Statement

Release Date: 20/11/2020 17:21
Code(s): NVE     PDF:  
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Trading Statement

NVEST FINANCIAL HOLDINGS LIMITED AND ITS SUBSIDIARIES
(Incorporated in the Republic of South Africa)
(Registration number 2008/015990/06)
(“NVest” or “the Company” or “the Group”)
ISIN Code: ZAE000199865 JSE Code: NVE


TRADING STATEMENT


In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE Limited, listed
companies are required to publish a Trading Statement as soon as they become
reasonably certain that the financial results for the next period to be reported on will be
more than 20% different from those of the previous corresponding period or from a profit
forecast previously provided to the market in relation to such period.

The headline earnings for the six months ended 31 August 2020 is expected to be
13.51 cents per share for the six months ended 31 August 2020, which is an increase of
32.7% higher than the headline earnings of 10.18 cents per share for the comparable
period ended 31 August 2019.

The financial information, on which this Trading Statement is based, has not been
reviewed and reported on by the Company’s auditors.

The results for the half year ended 31 August 2020 are expected to be published on or
about 23 November 2020.

Johannesburg
20 November 2020

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 20-11-2020 05:21:00
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