30 Jun - 4 min read

Abridged report relating to the audited financial results for the year ended 31 March 2021 and notice of AGM

Abridged report relating to the audited financial results for the year ended 31 March 2021 and notice of AGM

Nictus Limited
(Incorporated in the Republic of South Africa)
(Registration number 1981/011858/06)
Share code: NCS
ISIN: NA0009123481
(“Nictus” or the “Company” or the “Group”)

ABRIDGED REPORT RELATING TO THE AUDITED FINANCIAL RESULTS FOR THE YEAR
ENDED 31 MARCH 2021 AND NOTICE OF ANNUAL GENERAL MEETING

KEY FEATURES

-   Group total assets decreased by 10.45% to R671.2 million (2020: R749.5 million)
-   Group revenue increased by 8.64% to R57.9 million (2020: R53.3 million)
-   Headline earnings per share increased by 162.68% to 18.02 cents (2020: 6.86 cents)
-   Earnings per share increased by 164.32% to 18.00 cents (2020: 6.81 cents)
-   Profit for the year increased by 164.34% to R9.6 million (2020: R3.6 million)
-   Dividend per share declared increased by 66.67% to 5.00 cents (2020: 3.00 cents)*

* A separate announcement will be published on SENS, today, containing details of the final dividend for the year
ended 31 March 2021.

ABOUT THIS SHORT FORM ANNOUNCEMENT

This short-form announcement is the responsibility of the directors of the Company and is only a
summary of the information in the full results announcement and does not contain full or complete
details.

Any investment decisions by investors and/or Nictus shareholders (“Shareholders”) should be based
on consideration of the full results announcement published on the Company’s website at
http://www.nictuslimited.co.za/wp-content/uploads/2021/06/Nictus-Limited_Summarised-Financial-
Statements-2021.pdf          and       accessible       via       the      JSE       link       at
https://senspdf.jse.co.za/documents/2021/JSE/ISSE/NCS/AFS_2021.pdf.

The consolidated audited financial statements, from which the full results announcement has been
extracted, have been audited by PricewaterhouseCoopers Inc., who expressed an unmodified audit
opinion thereon. There are no key audit matters contained in the auditor’s report, as confirmed on page
38 of the integrated annual report, incorporating the consolidated audited financial statements, which is
available      on      the     Company’s         website       at     http://www.nictuslimited.co.za/wp-
content/uploads/2021/06/Nictus-Limited_IAR-2021.pdf.

The full results announcement and the consolidated audited financial statements, incorporating the
auditor’s report, are also available for inspection at the Company’s registered office and the office of
the Company’s JSE sponsor, at no charge and during standard business hours.

NOTICE OF ANNUAL GENERAL MEETING

The Company’s integrated annual report contains a notice convening the annual general meeting of
Shareholders for the year ended 31 March 2021 (“AGM”). The AGM will be held on Wednesday,
1 September 2021 at 15:00, entirely by way of electronic participation.

Shareholders are encouraged to read the notice of AGM for the information on how to electronically
attend, participate in and vote at the AGM.

The notice of AGM and the summarised version of the consolidated audited financial statements are to
be posted to Shareholders today, 30 June 2021. These documents and the full integrated annual report
are also available on the Company's website at http://www.nictuslimited.co.za/.

The record date for purposes of determining the Shareholders entitled to receive the notice of AGM is
Friday, 25 June 2021. The record date for purposes of determining which Shareholders are entitled to
electronically attend, participate in and vote at the AGM is Friday, 20 August 2021. Accordingly, the last
date to trade in the Company’s shares on the JSE in order to be eligible to electronically attend,
participate in and vote at the AGM is Tuesday, 17 August 2021.


Bryanston
30 June 2021

Sponsor
One Capital

Directors
Professor Barend J Willemse (Independent non-executive chairman)
Cornelius J de Vrye (Independent non-executive director)
Sarita Martin (Independent non-executive director)
Philippus J de W Tromp (Non-executive director)
Nicolaas C Tromp (Non-executive director) (Deceased: 27 June 2021)
Gerard R de V Tromp (Executive group managing director)
Eckhart H Prozesky (Executive group financial director)


Company secretary
Veritas Eksekuteurskamer Proprietary Limited
Registration number: 1984/007487/07
Block C, 1st floor
The Main Straight Office Park
392 Main Road, Bryanston 2191
South Africa

PO Box 2878
Randburg 2125
South Africa

JSE Sponsor
One Capital
17 Fricker Road
Illovo, Sandton 2196
South Africa

Registered office of the Company
Head office
Block C, 1st floor
The Main Straight Office Park
392 Main Road, Bryanston 2191
South Africa

PO Box 2878
Randburg 2125
South Africa
Windhoek office
1st floor, Nictus Building
140 Mandume Ndemufayo Avenue
Windhoek, Namibia

Private Bag 13231
Windhoek, Namibia

Auditor and reporting accountant
PricewaterhouseCoopers Inc.
4 Lisbon Lane, Waterfall City
Juskei View 2090
Private Bag X36
Sunninghill 2157
South Africa

www.nictuslimited.co.za

Date: 30-06-2021 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.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Nictus Limited (JSE:NCS) when you join Listcorp.