Enhanced Investments - Financial Portal

Trading Statement In Respect Of The Year Ended 31 December 2023 - Standard Bank Namibia

Published: 2024-03-04 13:01:36 ET

Standard Bank Namibia Limited
Incorporated in the Republic of Namibia
Registration number: 78/01799
(“The Company”)
Issuer code: STINM



TRADING STATEMENT IN RESPECT OF THE YEAR ENDED 31 DECEMBER 2023


In accordance with paragraph 6.3(a) of the JSE Debt Listings Requirements, an issuer must publish a
trading statement when they become aware that the financial results for the period to be reported upon
next, will be materially different from the financial results for the previous corresponding period.

SBN Holdings Limited would like to report to noteholders that profit after tax for the financial year
ended 31 December 2023 is expected to be higher, by between 18% and 28%, than what was reported
for the comparative period. Therefore, earnings per share (“EPS”) and headline earnings per share
(“HEPS”) for the financial year ended 31 December 2023 are expected to be materially higher, by
between 18% and 28% (between 140 and 152 cents per share), than what was reported for the
comparative period (119 cents).

Noteholders are hereby advised that the financial data upon which this trading statement is based
have not been reviewed by the Group’s external auditors.
The Group’s audited annual financial results for the year ended 31 December 2023 are expected to
be released on or about 14 March 2024.


By order of the board
Erwin Tjipuka
Chief Executive


04 March 2024


Registered Office
1 Chasie Street, Windhoek, Namibia

BOARD OF DIRECTORS:
H MAIER (CHAIRMAN)
S HORNUNG
STB MADONSELA
JS MWATOTELE
JG RIEDEL
PL SCHLEBUSCH
NA TJIPITUA
IAH TJOMBONDE
E TJIPUKA
AT MATENDA
Sponsor
The Standard Bank of South Africa

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.