Standard Bank Group Limited Trading Statement Update (9827U)
04 Agosto 2022 - 3:26PM
UK Regulatory
TIDM68IG
RNS Number : 9827U
Standard Bank Group Limited
04 August 2022
Standard Bank Group Limited
04 August 2022
Trading statement update for the six-month period ending 30 June
2022
Standard Bank is currently in the process of finalising its
results for the six-month period ended 30 June 2022 (1H22). We
refer shareholders to the group's trading statement for 1H22
released on SENS on 14 June 2022, which stated that more specific
guidance ranges would be provided once there is reasonable
certainty regarding the extent of the increase in earnings.
In accordance with section 3.4(b) of the Listings Requirements
of the JSE Limited, and as an update to the trading statement
published on 14 June 2022, shareholders are advised that Standard
Bank is satisfied that a reasonable degree of certainty exists with
regards to the group's financial results for 1H22. The group's
headline earnings per share (HEPS) and earnings per share (EPS) for
1H22 is expected to be higher than the reported HEPS and EPS for
the six-month period ended 30 June 2021 (1H21), translating
into:
1H21 Range 1H22 range
27% - 32% higher than
HEPS 721.4 1H21 916.2 952.2
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30% - 35% higher than
EPS 717.4 1H21 932.6 968.5
------ ---------------------- ------ ------
1H22 Results
Standard Bank will release results for 1H22 on 19 August 2022.
Details regarding the presentation are available on the Standard
Bank Group Investor Relations website -
https://reporting.standardbank.com/
Shareholders are advised that the information contained in this
announcement has not been reviewed or reported on by the group's
auditors.
For further information, please contact:
Ann Hunter
Standard Bank Group Limited
9th Floor
5 Simmonds Street, Johannesburg PO Box 2001
South Africa
Telephone number: +27 11 415 4194
DISCLAIMER
This Announcement is not intended to, and shall not, constitute
or contain an offer to sell or solicitation of an offer to purchase
the securities referred to herein by any person in any jurisdiction
where it is unlawful to make an offer or solicitation. The
distribution of the Announcement and the offer or sale of the
securities referred to herein in certain jurisdictions is
restricted by law. This Announcement may not be used for or in
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or is unlawful.
In the United Kingdom, this Announcement is being distributed
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professionals, as such term is defined in Article 19(5) of the U.K.
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended, the Financial Promotion Order); (ii) persons
falling within Article 49(2)(a) to (d) ("high net worth companies,
unincorporated associations, etc.") of the Financial Promotion
Order; (iii) outside the United Kingdom; or (iv) persons to whom an
invitation or inducement to engage in investment activity (within
the meaning of Section 21 of the Financial Services and Markets Act
2000) in connection with the issue or sale of any Notes may
otherwise lawfully be communicated or caused to be
communicated.
The securities referred to herein have not been and will not be
registered under the US Securities Act of 1933, as amended (the
Securities Act), or with any securities regulatory authority of any
state or other jurisdiction of the United States, and may not be
offered or sold in the United States or to US persons (as such term
is defined in Regulation S under the Securities Act) except
pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the US Securities Act. The issuer
of the securities has not registered, and does not intend to
register, any portion of the offering in the United States, and
does not intend to conduct a public offering of the securities in
the United States.
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END
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