Bank Windhoek Holdings Limited announced that it expects the profit after tax for the year ended 30 June 2014 to increase between 24% and 29% on the prior year. BWH anticipates a year on year increase in headline earnings per share and basic earnings per share for the year ended 30 June 2014 to range between 8% and 13% and between 12% and 17% respectively. The differences between the increases in profit after tax, HEPS and EPS are mainly due to the dilution effect of the 41,280,000 ordinary shares issued as part of the listing of BWH on 20 June 2013 and the 7,400,000 ordinary shares issued by BWH relating to the acquisition of Capricorn Unit Trust Management Company Limited on 1 July 2013 as detailed in the announcements dated 28 June 2013 and 16 August 2013 respectively.