AHL 201702270041A
Trading Statement
AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
(“AH-Vest” or “the company”)
Share code: AHL ISIN code: ZAE000129177
TRADING STATEMENT
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg StockExchange, listed companies are
required to publish a trading statement as soon as they become reasonably certain that the financial results for the
next period to be reported on will be more than 20% different from those of the previous corresponding period or from
a profit forecast previously provided to the market in relation to such period.
Headline earnings per share (“HEPS”) and Earnings per share (“EPS”) for the six months ended 31 December 2016 are
expected to reflect an increase of between 20% and 30% to between 0.84 and 0.91 cents per share when compared to HEPS
and EPS of 0.7 cents per share reported for the six month period ended 31 December 2015.
The improved results reflect the positive performance of the new manufacturing plant in Eikenhof. Capacity has continued
to increase and the factory has now been stabilised.
The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s
auditors.
Johannesburg
27 February 2017
Designated Advisor
Arbor Capital Sponsors Proprietary Limited
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