Remgro Limited provided earnings guidance for the six months ended December 31, 2016. For the period, the company’s headline earnings per share is expected to be between 852.3 cents and 887.5 cents compared to the HEPS of 704.4 cents reported for the six months ended December 31, 2015. The increase in HEPS is mainly due to a positive fair value adjustment of ZAR 667 million, relating to the decrease in value of the bondholders' exchange option (accounted for as a derivative liability) of the bonds that were issued during March 2016 to partially refinance the foreign bridge funding that was raised for the Al Noor Hospitals Group plc transaction.