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SPANJAARD LIMITED - Short Form Announcement Unaudited Interim Results for the Six Months Ended 31 August 2020

Release Date: 30/11/2020 09:00
Code(s): SPA     PDF:  
Wrap Text
Short Form Announcement

Unaudited Interim Results for the Six Months Ended 31 August 2020

SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code: SPA ISIN: ZAE000006938
(“the Company”)

SHORT FORM ANNOUNCEMENT
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2020

—   Revenue increased by R269 000 to R62 326 000
—   Profit after tax increased by R1 184 000 to R1 061 000
—   EPS has increased by 14,54 cents per share to 13,03 cents per share
—   HEPS increased by 14,45 cents per share to 12,94 cents per share
—   NAV increased by 54,78 cents per share to 597,69 cents per share

Spanjaard Limited, a leading and proudly South African manufacturer of special lubricants and
allied chemical products in the Automotive, Household, Industrial and Mining, Outdoor and
Leisure, Marine, Motorcycle, Food Grade, Non-Flammable Aerosols and Food markets, released its
results for the six months ended 31 August 2020.

This short-form announcement is the responsibility of the Directors and is only a summary of the
information in the full announcement. The full announcement was released on SENS on 30
November 2020 and can be found on the Company’s website:
https://www. spanjaard.biz/financials/ and also at the following link:

https://senspdf.jse.co.za/documents/2020/JSE/ISSE/SPA/SPAIR20.pdf

The full announcement is available for inspection free of charge during normal business hours on
business days at the registered office of the Company and the offices of the sponsor.

Spanjaard Limited has not declared an interim dividend.

Any investment decisions should therefore be based on the full announcement as released on
SENS and on the Company’s website.

By order of the Board
30 November 2020

DIRECTORS:

Independent Non-executive Chairman:
M Notrica

Independent Non-executive Directors:
SS Zikalala
HF Kocks

Executive Directors:
TN Spanjaard (Chief Executive Officer)
GF Cort
CKT Palmer
S Vassan Makan (Financial Director)

COMPANY SECRETARY:
Levitt Kirson Business Services (Pty) Limited
4th Floor, Aloe Grove, Houghton Estate Office Park, 2 Osborn Road, Houghton, 2198

REGISTERED OFFICE:
748 – 750 Fifth Street, Wynberg, Sandton, 2090

TRANSFER SECRETARIES:
Computershare Investor Services Proprietary Limited
Rosebank Towers, 15 Biermann Avenue, Rosebank, Johannesburg, 2196

SPONSOR:
AcaciaCap Advisors Proprietary Limited
20 Stirrup Lane, Woodmead Office Park
Corner Woodmead Drive and Van Reenens Avenue,
Woodmead, 2191

www.spanjaard.biz

Date: 30-11-2020 09:00:00
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