02 Sep - 3 min read

Summarised audited consolidated results for the 12 months ended 30 June 2021

Summarised audited consolidated results for the 12 months ended 30 June 2021

ZARCLEAR HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/013674/06)
Share code: ZCL ISIN: ZAE000249645
("Zarclear" or "the Group" or "the Company")


SHORT-FORM ANNOUNCEMENT: SUMMARISED AUDITED CONSOLIDATED RESULTS 
FOR THE 12 MONTHS ENDED 30 JUNE 2021


HIGHLIGHTS

 -  NAV of 474 cents per share (30 June 2020: 600 cents)
 -  Capital reduction distribution of 190 cents per share executed in December 2020 amounting to
    R429,5 million.
 -  Operating profit from earnings-focused segment (market-infrastructure and regulation technology
    investments) R2,2 million (30 June 2020: loss of R23,7 million)
 -  Further disposal of 4,478,447 shares in Stenprop Limited realising R123,2 million
 -  Circular issued to shareholders on 26 August 2021 regarding a voluntary share repurchase offer by
    Zarclear at R4.60 per share and the subsequent delisting of Zarclear from the JSE and A2X

FINANCIAL RESULTS
                                                                           Audited                 Audited 
                                                                12-month period to      15-month period to
                                                                      30 June 2021            30 June 2020
                                                                            R'000s                  R'000s
Income from portfolio investments                                          289,831                  68,713
Fee income                                                                  35,476                  52,087
Total comprehensive income for the year/period                             146,913                 147,081
Net asset value per share (cents)                                              474                     600
Basic and diluted earnings                                                 188,727                  45,630
Headline earnings                                                          188,727                  51,493
Weighted average ordinary shares in issue                              226,065,696             226,065,696
Basic and diluted earnings per share (cents)                                 83.48                   20.18
Headline earnings per share (cents)                                          83.48                   22.78
Dividend per share                                                               -                       -

This short-form announcement is the responsibility of the board of directors of Zarclear. This announcement 
is a summary of the information in the full announcement released on SENS, available on the JSE website at
https://senspdf.jse.co.za/documents/2021/jse/isse/ZCLE/final21.pdf and published on the Company's website
(www.zarclear.com) on 2 September 2021, but does not contain full or complete details. Any investment 
decision by investors and/or shareholders should be based on consideration of the full announcement. 
Copies of the full announcement may be requested by emailing the company at mandym@zarclear.com.

The financial statements for the year ended 30 June 2021 have been audited by BDO South Africa Inc, who issued an
unmodified audit opinion on the financial statements. The auditor's opinion identifies the valuation of financial
investments and investment in associates (in the consolidated financial statements) as a key audit matter. 
The financial statements are available on the Company's website at 
https://zarclear.com/App/Uploads/File/0/0/50971/JOB023363_ZARCLEAR%20HOLDINGS%20Results_v4_AM.pdf.

Paul Baloyi                                 Warren Chapman                       Andrew Hannington
Non-Executive Chairman                      (CEO)                                (CFO)

2 September 2021

Directors: Paul Baloyi* (Chairman); Warren Chapman (CEO); Andrew Hannington (CFO); Fatima Vawda*;
Amanda Munro-Smith; Kgosie Matthews*
(* Independent non-executive)

Registered Office: 9th Floor, Katherine Towers, 1 Park Lane, Wierda Valley, Sandton, 2196 (PO Box 55312,
Northlands, 2116), Telephone: +27 11 722 7516

Company Secretary: CIS Company Secretaries Proprietary Limited, Rosebank Towers, 15 Biermann Avenue,
Rosebank, 2196, (PO Box 61051, Marshalltown, 2107)

Transfer Secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann
Avenue, Rosebank, 2196, (Private Bag X9000, Saxonwold, 2132)

Sponsor: Java Capital: 6th Floor, Katherine Towers, 1 Park Lane, Weirda Valley, Sandton, 2196 
(PO Box 522606, Saxonwold, 2132)


Date: 02-09-2021 04:00:00
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