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INSIMBI INDUSTRIAL HOLDINGS LIMITED - Initial trading statement

Release Date: 27/08/2024 10:35
Code(s): ISB     PDF:  
Wrap Text
Initial trading statement

INSIMBI INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB
ISIN: ZAE000116828
("Insimbi" or "the Company")

INITIAL TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Limited ("JSE") Listings Requirements, a listed
company is required to publish a trading statement as soon as it becomes reasonably certain
that the financial results for the next period to be reported on will differ by 20% or more from
the financial results for the previous corresponding period.

The Company hereby advises that a reasonable degree of certainty exists that, for the six-
month period ended 31 August 2024 ("Current Period"):

–   earnings per share ("EPS") will decrease by at least 20%, when compared to the EPS of
    15.38 cents for the six-month period ended 31 August 2023 ("Prior Period"); and
–   headline earnings per share ("HEPS") will decrease by at least 20%, when compared to
    the HEPS of 15.46 cents for the Prior Period.

A further trading statement will be released once the Company has reasonable certainty of
the expected EPS and HEPS ranges for the Current Period.

The financial information on which this trading statement is based has not been reviewed, or
reported on, by the Company's external auditors.

Johannesburg
27 August 2024

Sponsor
PSG Capital

Date: 27-08-2024 10:35:00
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