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Reviewed condensed consolidated financial statements for the year ended 30 June 2021 and cash dividend declaration
SUPER GROUP LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER: 1943/016107/06)
SHARE CODE: SPG
ISIN: ZAE000161832
LEI: 378900A8FDADE26AD654
DEBT COMPANY CODE: BISGL
("SUPER GROUP" OR "THE GROUP" OR "THE COMPANY")
REVIEWED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 AND CASH DIVIDEND DECLARATION
- Revenue increased by 14.3% to R39.5 billion (June 2020: R34.6 billion)
- Earnings per share increased by 645.1% to a profit of 284.0 cents (June 2020: loss of 52.1 cents)
- Headline earnings increased by 88.0% to R1 027.4 million (June 2020: R546.6 million)
- Headline earnings per share increased by 88.8% to 285.4 cents (June 2020: 151.2 cents)
- Dividend per share has been declared of 47.0 cents (June 2020: Nil)
- Cash generated from operations increased by 11.2% to R4.8 billion (June 2020: R4.3 billion)
- Net asset value increased by 5.6% to R13.8 billion (June 2020: R13.0 billion)
FINANCIAL RESULTS
Super Group reported an outstanding set of results for the year ended 30 June 2021 despite ongoing macroeconomic challenges and tough trading conditions in
a number of key markets and industry sectors. This financial performance is testimony to the Group's strong balance sheet and its rigorous focus on costs,
effective cash generation and management of working capital.
Recognising that the Covid-19 pandemic and related lockdowns would result in long-term socio-economic shifts and structural changes to the economy, the
Group strategically reviewed all businesses and rightsized operations to ensure that its business models remain relevant to current levels of demand. The
benefit of these initiatives manifested strongly in both the European and South African supply chain businesses. The dealership businesses in South Africa
and the United Kingdom also demonstrated significant resilience and recovery from the previous year.
CASH DIVIDEND DECLARATION
Notice is hereby given that a gross dividend of 47 cents (2020: Nil cents) per share has been declared out of income reserves in respect of the
ordinary shares of no par value for the year ended 30 June 2021.
A dividend withholding tax of 20% or 9.4 cents per share will be applicable, resulting in a net dividend of 37.6 cents per share, unless the shareholder
concerned is exempt from paying dividend withholding tax or is entitled to a reduced rate in terms of an applicable double-tax agreement. The issued share
capital at the declaration date is 371 507 794 ordinary shares.
Dates of importance
Last day to trade in order to participate in the dividend Tuesday, 19 October 2021
Shares trade ex-dividend Wednesday, 20 October 2021
Record date Friday, 22 October 2021
Payment date Monday, 25 October 2021
Share certificates may not be dematerialised or rematerialised between Wednesday, 20 October 2021 and Friday, 22 October 2021, both days inclusive.
REGULATORY REQUIREMENTS
The contents of the short form announcement are the responsibility of the Board of directors of Super Group. The information in the short-form announcement
is a summary of the full announcement available on the Company's website http://www.supergroup.co.za/investors/financial on 30 August 2021 and accordingly
does not contain the full or complete details. The full announcement can also be accessed online at
https://senspdf.jse.co.za/documents/2021/JSE/ISSE/SPG/FY2021.pdf.
The information in this announcement has been extracted from the Reviewed Condensed Consolidated Financial Statements, but the short-form announcement itself
has not been reviewed by the Company's auditors. The Reviewed Condensed Consolidated Financial Statements have been prepared under the supervision of the
Chief Financial Officer, Colin Brown, CA(SA), BCompt (Hons), MBL.
The Condensed Consolidated Financial Statements for the year ended 30 June 2021 have been reviewed by KPMG Inc. (the Auditor), who expressed an unmodified
review conclusion. The Independent Auditor's Report does not necessarily report on all of the information contained in this announcement. Shareholders and
noteholders are therefore advised that in order to obtain a full understanding of the nature of the Auditor's engagement, they should obtain a copy of the
Independent Auditor's Report, together with the accompanying financial information from the issuers registered office. The Independent Auditor's Report is
available on the Company's website, http://www.supergroup.co.za/investors/financial on 30 August 2021.
Any investment decisions by shareholders/investors should be based on the full announcement as released on the JSE Limited's Stock Exchange News Service
and published on the Company's website, http://www.supergroup.co.za. The full announcement is also available at the Company's registered office (for inspection,
at no charge, during office hours on any business day) and at the offices of the sponsor, Investec Bank Limited, from 31 August 2021 to 7 September 2021,
both days inclusive. Copies of the full announcement may be requested by contacting John Mackay on telephone: +27(0)11 523 4000,
email: john.mackay@supergrp.com or fax: +27(0)11 523 4858.
For and on behalf of the Board
Phillip Vallet Peter Mountford
Chairman of the Company Chief Executive Officer
Sandton Registered office
30 August 2021 27 Impala Road, Chislehurston, Sandton, 2196
Equity Sponsor Debt Sponsor
Investec Bank Limited FirstRand Bank Limited, acting through Rand Merchant Bank
Date: 30-08-2021 03:26:00
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