Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS, EQS05, EQS06, EQS07, EQS08A, EQS09
(“Eqstra” or “the group”)
In terms of the Listings Requirements of the JSE Limited, companies
are required to publish a trading statement as soon they have
reasonable certainty that the financial results for the period to be
reported on next will differ by 20% or more from the financial
results of the previous corresponding reporting period.
Shareholders are referred to the group’s interim financial results
for the six months ended 31 December 2015 which reported an
impairment of R736 million of excess mining equipment as well as a
loss for the period from discontinued operations of R438 million,
primarily relating to the termination of the Benga operations in
Shareholders are advised that, as a consequence of the above, the
group anticipates that both headline earnings per share (“HEPS”) and
earnings per share (“EPS”) for the year ending 30 June 2016 will be
at least 15.74 cents per share (20%) and 12.26 cents per share (20%)
lower respectively than those reported for the previous
corresponding reporting period (the year ended 30 June 2015) of 78.7
cents per share and 61.3 cents per share respectively.
There is currently insufficient certainty to enable the group to
provide specific guidance on the extent of the impact on HEPS and
EPS and Eqstra will publish a further trading statement once it has
the requisite reasonable certainty.
The forecast financial information on which this trading statement
is based has not been reviewed and reported on by Eqstra’s external
1 June 2016
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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