Alaris Holdings Limited 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 of the financial results for the six months ended 31 December 2016 by management has indicated that:

  • the basic earnings per share (“EPS”) and headline earnings per share (“HEPS”) are expected to be between 5.94 cents and 6.14 cents, reflecting an increase of between 476% and 496% compared to the EPS and HEPS of 1.03 cents for the six months ended 31 December 2015; and
  • the normalised earnings per share is expected to be between 5.31 cents and 6.81 cents, reflecting a decrease in normalised earnings per share of between 9% and 29% compared to the normalised earnings per share of 7.49 cents for the six months ended 31 December 2015.

The decrease in normalised earnings per share is due to an increase in the weighted average number of shares as a result of the 49.5 million recallable shares relating to the Aucom earn-out period, which were not included in the weighted average number of shares for the six months ended 31 December 2015.

Normalised earnings is expected to increase by between 5% and 25% for the six months ended 31 December 2016 compared to R8.3 million in the comparative period.

The financial information on which this trading statement is based has not been reviewed or reported on by Alaris’ auditors. Alaris’ interim financial results are expected to be released on SENS on or about 6 March 2017.

Alaris Holdings Change to the Board of Directors – Appointment of a Director

In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Alaris
(“the Board”) hereby notifies its shareholders that Mr Heinz Weilert has been appointed as an independent non-executive director with effect from 17 February 2017 in order to fulfil the obligations of the Company contained in the Companies Act, 2008 (Act 71 of 2008), as amended (“Companies Act”) and the Companies Regulations 2011, published in terms of the Companies Act, arising as a result of the Specific Repurchases as set out and defined in the announcement released on SENS on 23 December 2016. Mr Heinz Weilert will resign as a director of the Company as soon as the Specific Repurchase has been fully implemented.

Mr Weilert is a Chartered Accountant and a member of the Insurance Institute of South Africa. He holds a Master of Philosophy (Information and Knowledge Management) (Cum Laude) from the University of Stellenbosch and a Master of Commerce from the University of Witwatersrand.

He has been involved in executive and senior management positions and consulted to financial services, hightech
and media companies such as Eskom, REDISA, Legacy Group and Nedbank, for the past 20 years. Mr Weilert’s last two roles were as the Executive Head of Innovation for Nedbank’s Retail and Business Banking Clusters as well as the Chief Operating Officer of the Development Bank of South Africa.

The Board welcomes Mr Weilert and looks forward to his contribution to the Company.