Updated Trading Statement For The Year Ended 30 June 2021
Updated Trading Statement For The Year Ended 30 June 2021 KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 (“the Company”) UPDATED TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2021 On 20 May 2021, the Company published a trading statement in which it advised shareholders that a reasonable degree of certainty existed that headline earnings per share (“HEPS”) is expected to be at least 100% higher than in the prior year. Similarly, the Company advised shareholders that it expected positive earnings per share (“EPS”) compared to a loss in the prior year, which resulted from impairments to intangible and fixed assets. KAP is currently in the process of finalising its results for the year ended 30 June 2021, which will be announced on the Stock Exchange News Service ("SENS") of the JSE Limited (“JSE”) on or about 20 August 2021 and hereby confirms that a reasonable degree of certainty now exists that for the year ended 30 June 2021: From continuing operations: - HEPS will be between 41.3 cents and 44.8 cents, representing an increase of between 136% and 156% compared to the HEPS of 17.5 cents reported for the year ended 30 June 2020; and - EPS will be between 42.0 cents and 46.0 cents, compared to the loss per share of 74.8 cents reported for the year ended 30 June 2020. From continuing and discontinued operations: - HEPS will be between 36.6 cents and 39.3 cents, representing an increase of between 167% and 187% compared to the HEPS of 13.7 cents reported for the year ended 30 June 2020; and - EPS will be between 37.0 cents and 41.0 cents, compared to the loss per share of 83.3 cents reported for the year ended 30 June 2020. The financial information on which this announcement is based has not yet been reported on by the Company’s auditors. By order of the Board KAP Secretarial Services Proprietary Limited Stellenbosch 12 August 2021 Sponsor PSG Capital Date: 12-08-2021 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.