Enhanced Investments - Financial Portal

Trading Update

Published: 2021-10-01 15:30:00 ET

Finbond Group Limited (JSE:FGL) News - Trading Update

Finbond Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE00013895
(“Finbond” or “the Company” or “the Group”)


TRADING UPDATE

In terms of the Listings Requirements of the JSE Limited, 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 differ by more than 20% from that of the previous corresponding period.

A review of the financial results for the six month interim period ended 31 August 2021 by the
directors of the company has indicated the following:

    •   Headline Earnings per share is expected to be a loss of between 7.6 cents and 4.5 cents per
        share, representing a percentage improvement of between 50.6% and 70.8% compared to the
        loss of 15.4 cents per share reported in the prior corresponding six month interim period; and

    •   Earnings per share is expected to be a loss of between 7.9 cents and 4.7 cents per share,
        representing a percentage improvement of between 50.6% and 70.6% compared to the loss
        of 16.0 cents per share reported in the prior corresponding six month interim period.

Finbond's unaudited results for the six month interim period ended 31 August 2021 are
expected to be released on SENS on or before 31 October 2021.

Pretoria
1 October 2021

SPONSOR:
GRINDROD BANK LIMITED

Date: 01-10-2021 05:30:00
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Enhanced Investments, Inc.
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.
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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.