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Trading Statement
AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
(“AH-Vest” or “the company”)
Share code: AHL ISIN code: ZAE000129177
TRADING STATEMENT
Trading Statement
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE Limited (“JSE”),
listed companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the period to be reported
on next will differ by at least 20% from those of the previous corresponding period or
from a profit forecast previously provided to the market in relation to such period.
Shareholders are advised that for the six months ended 31 December 2020, the
Company expects to report: earnings per share (“EPS”) and headline earnings per
share (“HEPS”) of between 5.20 cents per share (“cps”) and 5.55 cps, being
between 48% and 58% higher than the EPS and HEPS of 3.51 cps reported for the
comparative period ended 31 December 2019.
The improved results are due to improved production efficiencies, improved service
levels, cost containment and a continued focus on working capital management.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Company’s auditors.
Johannesburg
22 February 2021
Designated Advisor
AcaciaCap Advisors Proprietary Limited
Date: 22-02-2021 12:17:00
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