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. 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