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Wed 17 Jan 2018, 17:00 ONELOGIX GROUP LIMITED - Trading statement
OLG 201801170029A
Trading statement

ONELOGIX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/004519/06)
JSE share code: OLG ISIN: ZAE000026399
(“OneLogix” or “the company” or “the group”)


TRADING STATEMENT

Shareholders are advised that OneLogix expects an increase in earnings and diluted earnings per share (“EPS”),
headline and diluted headline earnings per share (“HEPS”) and core headline and diluted core headline earnings
per share (“Core HEPS”), for the six month period ended 30 November 2017 (“current period”), within the ranges
reflected in the table below:

                                             30 November 2016        30 November 2017        30 November 2017 
                                             (cents per share)       expected growth         expected range
                                                                     range                   (cents per share)
 EPS                                         16.1                    130% to 150%            37.0 to 40.3
 EPS (continuing operations)                 13.8                    73% to 83%              23.9 to 25.3
 EPS (discontinued operation)                2.3                     >100%                   13.1 to 15.0
 HEPS                                        16.5                    15% to 27%              19.0 to 21.0
 HEPS (continuing operations)                14.2                    34% to 48%              19.0 to 21.0
 HEPS (discontinued operation)               2.3                     (100%)                  0.0
 Core HEPS                                   20.9                    7% to 16%               22.3 to 24.3
 Core HEPS (continuing operations)           18.3                    22% to 33%              22.3 to 24.3
 Core HEPS (discontinued operation)          2.6                     (100%)                  0.0

Notes:
1.    Due to the disposal of the company’s 49% minority interest in DriveRisk Proprietary Limited (“DriveRisk”)
      during the current period and in accordance with IFRS 5 (Non-current Assets Held for sale and Discontinued
      Operations) the effects of the disposal of DriveRisk on the group’s results have been presented as a
      discontinued operation.

2.    Included in EPS for the current period are the profits realised from the sale of the company’s interest in
      DriveRisk and the sale and leaseback transaction in respect of the Umlaas Road properties in KwaZulu-Natal.

3.    Consistent with prior reporting we aim to present shareholders with the same information that management
      utilises to evaluate the performance of the group’s operations. Accordingly, we present Core HEPS, which
      is headline earnings (as calculated based on SAICA Circular 2/2015) adjusted for the amortisation charge of
      intangible assets recognised on business combinations and charges relating to share-based payments.

The estimated financial information contained in this announcement has not been audited, reviewed or reported
upon by the group's external auditors.

The group's interim results for the six month period ended 30 November 2017 are scheduled to be announced on or
about 8 February 2018.

17 January 2018


Sponsor
Java Capital

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