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Trading statement for the year ended 31 March 2025
YeboYethu (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2008/014734/06)
Share code: YYLBEE
ISIN: ZAE000218483
("YeboYethu")
Trading statement for the year ended 31 March 2025
In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited ("JSE"), issuers
must publish a trading statement as soon as they are satisfied that a reasonable degree of
certainty exists that the financial results for the period to be reported on next will differ by at
least 20% from the financial results for the previous corresponding period.
YeboYethu is currently in the process of finalising its results for the year ended 31 March 2025
("FY25") and shareholders are hereby advised that the earnings per share ("EPS") for FY25
and the percentage change compared to the results for the 12 months ended 31 March 2024
("FY24") is expected to be in the range outlined below:
FY25 Expected Range FY24 Percentage Change
(cents) (cents) (%)
EPS 4 000 – 4 800 (4 004) >100%
There are no adjustments required to earnings attributable to equity shareholders in the
determination of headline earnings. Therefore, headline earnings per share ("HEPS") is the
same as the EPS disclosed above.
In addition, the net asset value per share ("NAV") for FY25 and the percentage change
compared to the results for FY24 is expected to be in the range outlined below:
FY25 Expected Range FY24 Percentage Change (%)
(ZAR) (ZAR)
NAV 71.00 – 77.00 31.51 >100%
The increase in EPS and NAV are attributable to the increase in the Vodacom Group Limited
closing share price from R98.55 as at 31 March 2024 to R125.45 as at 31 March 2025.
The financial information on which this trading statement is based has not been reviewed and
reported on by the external auditor of YeboYethu. YeboYethu's consolidated financial results
for the year ending 31 March 2025 are expected to be announced on the Stock Exchange
News Service of the JSE on or about Tuesday, 17 June 2025.
YeboYethu wishes to advise shareholders that it will be adopting NAV for trading statement
purposes going forward as this measure is more relevant than EPS/HEPS given the nature of
YeboYethu's business.
Johannesburg
25 April 2025
JSE Sponsor:
Tamela Holdings Proprietary Limited
Date: 25-04-2025 01:00:00
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