Enhanced Investments - Financial Portal

Updated Trading Statement

Published: 2021-11-22 10:00:00 ET

Etion Limited (JSE:ETO) News - Updated Trading Statement

 ETION LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration Number: 1987/001222/06)
 (Share Code: ETO)
 (ISIN: ZAE000097028)
 (“Etion” or “the Company” or “the Group’’)

UPDATED TRADING STATEMENT

In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, 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 the
previous corresponding period.

Shareholders are referred to the trading statement released on SENS on 29 October 2021
and are hereby advised that a reasonable degree of certainty exists that for the six-month
period ended 30 September 2021 earnings per share (“EPS”) and headline earnings per share
(“HEPS”) will increase by more than 1 287% to 12.07 cents per share compared to the
earnings per share and headline earnings per share of 0.87 cents per share for the six-month
period ended 30 September 2020.

Shareholders are reminded of the disposal of Lawtrust during the six-month period ended 30
September 2021, which has been classified as discontinued operations. Shareholders are
advised that the EPS and HEPS referred to above comprises of 4.16 cents per share (30
September 2020: 2.59 cents loss per share) from continued operations and 7.91 cents per
share (30 September 2020: 3.46 cents per share) from discontinued operations.

The financial information on which this trading statement is based has not been reviewed and
reported on by Etion’s external auditors.

22 November 2021
Pretoria

Designated adviser
PSG Capital

Date: 22-11-2021 12:00:00
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329 South Oyster Bay Road #2085
Plainview, NY 11803
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.

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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.