May 16, 2018 / 5:25 AM / 2 months ago

BRIEF-Transaction Capital Posts HY Core Headline Earnings Per Share Of 50.8 Cents

May 16 (Reuters) - Transaction Capital Ltd:

* HY CORE HEADLINE EARNINGS PER SHARE(1) 50.8 CENTS UP 17% (2017: 43.3 CENTS)

* INTERIM DIVIDEND PER SHARE 21.0 CENTS UP 40%

* IN MARCH 2018, EVERGLEN CAPITAL (PTY) LTD (EVERGLEN) REDUCED ITS SHAREHOLDING FROM 41% TO 29%

* EVERGLEN IS STILL LARGEST SHAREHOLDER IN COMPANY, AND REMAINS SHAREHOLDER OF REFERENCE.

* EVERGLEN CAPITAL (PTY) LTD REDUCED ITS SHAREHOLDING BY DISPOSING OF 72 MILLION SHARES VIA AN ACCELERATED BOOKBUILD OFFERING.

* HY NET INTEREST INCOME 553 MILLION RAND VERSUS 464 MILLION RAND Source text for Eikon: Further company coverage:

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