PSG KONSULT LIMITED - Trading Statement and Release of Financial Results
1 October, 2015 - Posted at - 16:15:00
KST 201510010057A<BR>
Trading Statement and Release of Financial Results<BR>
<BR>
PSG Konsult Limited<BR>
(Incorporated in the Republic of South Africa)<BR>
Registration Number: 1993/003941/06<BR>
JSE Share Code: KST<BR>
NSX Share Code: KFS<BR>
ISIN Code: ZAE000191417<BR>
(“PSG Konsult”)<BR>
<BR>
RECURRING HEADLINE EARNINGS<BR>
<BR>
PSG Konsult uses the recurring headline earnings per share<BR>
benchmark to provide management and investors with a realistic and<BR>
transparent way of evaluating its earnings performance. Once-off<BR>
items are excluded from recurring headline earnings.<BR>
<BR>
PSG KONSULT TRADING STATEMENT AND RELEASE OF FINANCIAL RESULTS<BR>
<BR>
In terms of the Listings Requirements of JSE Limited (“the JSE<BR>
Listings Requirements”), a listed company is required to publish a<BR>
trading statement as soon as they are satisfied that a reasonable<BR>
degree of certainty exists that the financial results for the<BR>
period to be reported on next will differ by at least 20% from that<BR>
of the previous corresponding period.<BR>
<BR>
In compliance with the JSE Listings Requirements, shareholders are<BR>
advised that a review of the interim financial results for the<BR>
period ended 31 August 2015 by management has indicated that a<BR>
reasonable degree of certainty exists that for the six month period<BR>
ended 31 August 2015:<BR>
<BR>
- Recurring headline earnings per share will be between 14.6 cents<BR>
and 14.9 cents, being between 25% and 27% higher than the 11.7<BR>
cents reported for the six month period ended 31 August 2014;<BR>
<BR>
- Headline earnings per share will be between 14.6 cents and 14.9<BR>
cents, being between 27% and 30% higher than the 11.5 cents<BR>
reported for the six month period ended 31 August 2014; and<BR>
<BR>
- Attributable earnings per share will be between 14.8 cents and<BR>
15.1 cents, being between 28% and 30% higher than the 11.6 cents<BR>
reported for the six month period ended 31 August 2014.<BR>
<BR>
The financial information on which this trading statement is based<BR>
has not been reviewed or reported on by PSG Konsult's auditors.<BR>
PSG Konsult's unaudited interim financial results for the six month<BR>
period ended 31 August 2015 are expected to be released on the<BR>
Stock Exchange News Service ("SENS") of the Johannesburg Stock<BR>
Exchange and the Namibian Stock Exchange on or about Wednesday, 7<BR>
October 2015.<BR>
<BR>
<BR>
Tyger Valley<BR>
1 October 2015<BR>
<BR>
JSE sponsor: PSG Capital Proprietary Limited<BR>
NSX sponsor: PSG Wealth Management (Namibia) Proprietary Limited,<BR>
member of the Namibian Stock Exchange<BR>
<BR>
Date: 01/10/2015 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). <BR>
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