SASFIN HOLDINGS LIMITED - Interim results

Interim results

SASFIN HOLDINGS LIMITED
(Incorporated in The Republic of South Africa)
(Registration Number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273
(“Sasfin” or “the Company”)

Summarised unaudited condensed consolidated interim results for the six months to 31 December 2020


Introduction to the Sasfin Group

At Sasfin we contribute to society by going beyond a bank to enable growth in businesses and the global
wealth of our clients.

RESULTS


                                                              Growth %       December 2020        December 2019

 Revenue (R'000)                                                   -1.5%              633,017               642,352
 Profit before income tax (R'000)                                 -52.7%               56,378               119,166
 Headline earnings for the period (R'000)                         -65.8%               26,896                78,702
 Headline earnings per ordinary share (cents)                     -65.8%                 83.54               244.44
 Earnings per ordinary share (cents)                              -50.3%               121.50                244.44
 Dividends per ordinary share (cents)                            -100.0%                      -               48.73

Dividends

Ordinary share dividend

In line with Guidance Note 3 of 2021 issued by the Prudential Authority of the South African Reserve Bank, the Board
has not declared an ordinary share dividend for the interim period ended 31 December 2020.


Preference share dividend

The preference shares are non-redeemable, non-cumulative and non-participating. Preference shareholders
are entitled to receive dividends out of the profits of the Sasfin Holdings that it determines to distribute. Given
the financial performance of the Group, the Board has not declared a preference dividend for the period
ended 31 December 2020.

Full Announcement

This short-form announcement is the responsibility of the Directors of the Company and is a summary of the
information in the full announcement which is available for viewing on the following websites:

Company’s website: https://www.sasfin.com/investor-relations/#results-and-reports

JSE website: https://senspdf.jse.co.za/documents/2021/jse/issh/sfnh/sfn2021.pdf

Any investment decision by investors and/or shareholders should be based on consideration of the full
announcement, copies of which are also available for inspection at our offices and our sponsor’s offices on
work-days during business hours, at no charge.
On behalf of the Board



Roy Andersen                       Michael Sassoon
Chairperson                        Group Chief Executive Officer

Johannesburg
3 March 2021

Sponsor: Sasfin Capital Proprietary Limited (a member of the Sasfin Group)

Independent Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 03-03-2021 10:15:00
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