PSG KONSULT LIMITED - Trading Statement And Release Of Financial Results

KST 201703310089A<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 (“JSE Listings<BR>
Requirements”), a listed company is required to publish a trading<BR>
statement as soon as it is satisfied that a reasonable degree of<BR>
certainty exists that the financial results for the period to be<BR>
reported on next will differ by at least 20% from that of the<BR>
previous corresponding period.<BR>
<BR>
In compliance with the JSE Listings Requirements, shareholders are<BR>
advised that a review of the financial results for the year ended<BR>
28 February 2017 by management has indicated that a reasonable<BR>
degree of certainty exists that for the year ended 28 February<BR>
2017:<BR>
<BR>
•   Recurring headline earnings per share will be between 36.8 cents<BR>
    and 37.6 cents, being between 15% and 17% higher than the 32.1<BR>
    cents reported for the year ended 29 February 2016;<BR>
<BR>
•   Headline earnings per share will be between 36.8 cents and 37.6<BR>
    cents, being between 61% and 64% higher than the 22.9 cents<BR>
    reported for the year ended 29 February 2016; and<BR>
<BR>
•   Attributable earnings per share will be between 36.9 cents and<BR>
    37.6 cents, being between 60% and 63% higher than the 23.0 cents<BR>
    reported for the year ended 29 February 2016.<BR>
<BR>
The increase in attributable and headline earnings is due to a non-<BR>
recurring R115 million tax settlement agreement concluded with the<BR>
South African Revenue Service in the 2016 financial year.<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>
<BR>
PSG Konsult's financial results for the financial year ended<BR>
28 February 2017 are expected to be released on Stock Exchange News<BR>
Service ("SENS") of the Johannesburg Stock Exchange ("JSE") and the<BR>
Namibian Stock Exchange (“NSX”) on or about Thursday, 13 April<BR>
2017.<BR>
<BR>
<BR>
Tyger Valley<BR>
31 March 2017<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: 31/03/2017 05:00:00 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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 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, <BR>
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 information disseminated through SENS.<BR>