Enhanced Investments - Financial Portal

Initial Trading Statement

Published: 2022-05-30 13:00:00 ET

Novus Holdings Limited (JSE:NVS) News - Initial Trading Statement

Novus Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2008/011165/06)
JSE share code: NVS    ISIN: ZAE000202149
(“the Group”)


INITIAL TRADING STATEMENT

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period to be
reported on will differ by more than 20% from that of the previous corresponding period.

Accordingly, a review by management of the financial results for the year ended 31 March 2022 by
management has indicated that:

- the earnings per share (“EPS”) is expected to improve by at least 100% compared to the loss per
  share of 8.34 cents for the year ended 31 March 2021; and

- the headline earnings per share (“HEPS”) is expected to improve by least 100% compared to the
  headline loss per share of 5.4 cents for the year ended 31 March 2021.

A further trading statement will be released on SENS once the Group has a greater degree of certainty
with regards to its expected EPS and HEPS figures for the year ended 31 March 2022.

The financial information on which this trading statement is based has not been reviewed or reported
on by the Group’s auditors. The Group’s financial results are expected to be released on SENS on or
about 17 June 2022.


Cape Town
30 May 2022

Sponsor
Merchantec Capital

Date: 30-05-2022 03:00:00
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329 South Oyster Bay Road #2085
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team@eninvs.com

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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.