Standard Bank Group Limited Trading Statement (6866Q)
22 Februar 2023 - 8:18AM
UK Regulatory
TIDM68IG
RNS Number : 6866Q
Standard Bank Group Limited
22 February 2023
Standard Bank Group Limited
22 February 2023
Trading statement update for the year ended 31 December 2022
Standard Bank is currently in the process of finalising the
group's results for the year ended 31 December 2022 (FY22). The
strong momentum referred to in the announcement on 28 November 2022
supported the group's FY22 performance. The impact of the sovereign
debt challenges in Ghana were more than offset by strong
performances across the rest of the group's franchise.
In accordance with section 3.4(b) of the Listings Requirements
of the JSE Limited, shareholders are advised that Standard Bank is
satisfied that a reasonable degree of certainty exists with regards
to the group's financial results for FY22. The group's headline
earnings per share (HEPS) and earnings per share (EPS) for FY22 are
expected to be higher than the reported HEPS and EPS for the year
ended 31 December 2021 (FY21), translating into:
FY21 Range FY22 range
30% - 35% higher than
HEPS 1 573.0 FY21 2 044.9 2 123.6
-------- ---------------------- -------- --------
32% - 37% higher than
EPS 1 563.2 FY21 2 063.4 2 141.6
-------- ---------------------- -------- --------
FY22 Results
Standard Bank will release results for FY22 on 9 March 2023.
Details regarding the presentation are available on the group's
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
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Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended, the Financial Promotion Order ); (ii) persons
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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.
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Securities Act ), or with any securities regulatory authority of
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term is defined in Regulation S under the Securities Act) except
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does not intend to conduct a public offering of the securities in
the United States.
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