Audited annual consolidated results for the year ended 31 March 2021
Audited annual consolidated results for the year ended 31 March 2021 Invicta Holdings Limited and its subsidiaries (Incorporated in the Republic of South Africa) Registration number 1966/002182/06 Share code: IVT ISIN: ZAE000029773 Preference share code: IVTP ISIN: ZAE000173399 ("Invicta" or "the Company" or "the Group") To view the full announcement please visit our website at www.invictaholdings.co.za Audited annual consolidated results for the year ended 31 March 2021 31 March 31 March 2021 2020 FINANCIAL SUMMARY Restated % Change Shareholder's Equity R'000 4 726 088 4 634 517 2 Revenue* R'000 6 251 484 6 873 907 (9.1) Profit/(loss) for the year from continuing operations* R'000 296 839 (667 940) 144.4 Profit/(loss) for the year R'000 376 072 (673 297) 155.9 Basic earnings/(loss) per share from continuing operations* cents 212 (707) 130 Basic earnings/(loss) per share cents 285 (712) 140 Headline earnings/(loss) per share from continuing operations* cents 172 (82) 309.8 Headline earnings per share cents 316 58 444.8 Net asset value per ordinary share cents 3 566 3 580 (0.4) Dividend per share^ cents 60 - 100 * Prior year results have been restated for the CEG agricultural and earthmoving divisions and Kian Ann, which have been recognised as discontinued operations in the current year. ^ The Board has approved a final dividend of 60 cents following the good cash flow generation that has reduced the gearing of the Group significantly. The audited annual consolidated financial statements have been audited by Ernst & Young Inc., who expressed an unmodified audit opinion. A copy of the auditor's report including the key audit matters is available for inspection at the Company's registered office, together with the financial statements identified in the auditor's report, as well as on the Company's website at www.invictaholdings.co.za This short-form announcement is the responsibility of the directors and is only a summary of the information in the full announcement and does not contain full or complete details. Any investment decisions should be based on the full announcement that has been published on SENS at https://senspdf.jse.co.za/documents/2021/jse/isse/IVT/YE2021.pdf and is also available on our website www.invictaholdings.co.za. Copies of the full announcement may be requested from the company secretary at firstname.lastname@example.org. Ordinary share cash dividend Notice is hereby given that the Directors of the Company have declared a gross cash dividend of 60 cents per ordinary share for the year ended 31 March 2021. Dividends are to be paid out of distributable reserves. Dividend tax (DT) of 20% will be withheld in terms of the Income Tax Act for those shareholders who are not exempt from DT. In accordance with paragraphs 11.17(1)(i) and 11.17(c) of the JSE Listings Requirements, the following additional information is disclosed: - The gross local dividend amount is 60 cents per ordinary share for shareholders exempt from the Dividend Tax; - The net local dividend amount is 48 cents per ordinary share for shareholders liable to pay the Dividend Tax; - Invicta Holdings Limited has 111 494 738 ordinary shares in issue (which includes 1 541 823 treasury shares); and - Invicta Holdings Limited's income tax reference number is 9400/012/03/06. The salient dates for the ordinary share cash dividend will be as follows: Last day of trade to receive a dividend Tuesday, 27 July 2021 Shares commence trading "ex" dividend Wednesday, 28 July 2021 Record date Friday, 30 July 2021 Payment date Monday, 2 August 2021 Share certificates may not be dematerialised or rematerialised between Wednesday, 28 July 2021 and Friday, 30 July 2021, both days inclusive. By order of the board STEVEN JOFFE NAZLEE RAJMOHAMED Chief Executive Officer Group Financial Director Approval: 24 June 2021 Release: 28 June 2021 Invicta Holdings Limited Registered office: 3 Droste Cresent, Droste Park, Johannesburg, Gauteng, 2094 Transfer secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 Directors: Dr CH Wiese* (Chairman), S Joffe (CEO), C Barnard, GM Pelser, N Rajmohamed, LR Sherrell*, AM Sinclair, RA Wally^, Adv JD Wiese*, PM Makwana^, I Van Heerden*, F Davidson^ * Non-executive ^ Independent non-executive Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 28-06-2021 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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