2025/10/31 – 12:00:00 – 1086384704480870672
Trading Statement for the full year ended 30 September 2025
NAMIBIA ASSET MANAGEMENT LTD (“NAM”)
Registration No. 97/397
Registered in Namibia
ISIN Code: NA000AOJMZ44
NSX Share Code: NAM
Trading Statement for the full year ended 30 September 2025
In terms of paragraph 3.4(b) of the NSX listing requirements, a listed
company is required to publish a trading statement once it is
satisfied that a reasonable degree of certainty exists that financial
results for the next period to be reported on will differ materially
from the financial results for the prior corresponding period.
In this regard shareholders are advised of the following:
Reported Expected range %
30 Sept 2024 30 Sept 2025 increase
(cents) (cents)
Earnings per share
(“EPS”) 6.99 7.69 – 8.39 10% – 20%
Headline earnings
per share (“HEPS”) 6.99 7.69 – 8.39 10% – 20%
Fund management
earnings per share
(“FMEPS”) 5.98 6.58 – 7.18 10% – 20%
Shareholders are hereby advised that the financial data upon which
this trading statement is based have not been reviewed by NAM’s
external auditors. Shareholders are advised to exercise caution when
dealing in the Company’s securities.
Shareholders are advised that NAM’s total assets under management as
at 30 September 2025 was N$ 22.2 billion.
NAM’s reviewed condensed group annual financial results for the year
ended 30 September 2025 are expected to be released on or about
13 November 2025.
By order of the Board
31 October 2025
BOARD OF DIRECTORS
L Smith*(Chairman); T Shaanika(Chief Executive Officer); R G Young*;
S Walters; N Salie*; E Kandongo; M Nixon; A Kapenda; J Breedt
(* South African)
REGISTERED OFFICE
1st Floor, Millennium House,Corner of Robert Mugabe Avenue and DR
AB May Street, Windhoek; P.O. Box 23329, Windhoek, Namibia
SPONSOR
IJG Securities (Pty) Ltd; Member of the NSX; 4th Floor, 1@Steps,
Corner of Grove and Chasie Streets, Kleine Kuppe, Windhoek, Namibia
Date: 31-10-2025 12:00:00
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Namibia Securities Exchange – NAM News