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Short-form announcement of the audited summarised consolidated financial results for the year ended 30 June 2020
ALVIVA HOLDINGS LIMITED
(incorporated in the Republic of South Africa)
Registration number: 1986/000334/06
ISIN: ZAE000227484 Share code: AVV
“Alviva” or “the Company” or “the Group”
SHORT-FORM ANNOUNCEMENT OF THE AUDITED SUMMARISED CONSOLIDATED
FINANCIAL RESULTS for the year ended 30 June 2020
AND ORDINARY CASH DIVIDEND DECLARATION
AT A GLANCE
Revenue at R14,8 billion DOWN 7%
Earnings before interest, taxation, depreciation and amortisation
at R708 million DOWN 18%
Earnings per share at 112,7 cents DOWN 59%
Headline earnings per share at 149,4 cents DOWN 50%
Core earnings per share at 225,9 cents DOWN 36%
Net asset value per share at 1 763,9 cents UP 6%
Net tangible asset value per share at 1 040,2 cents UP 6%
Cash generated from operating activities R1,8 billion
Dividend declared of 15 cents per share DOWN 50%
SHORT-FORM ANNOUNCEMENT
This short-form announcement is the responsibility of the
directors and is only a summary of the information contained in
the full announcement. The information in the short-form
announcement has been extracted from the condensed consolidated
financial results for the year ended 30 June 2020 (“the full
announcement”) and has been audited by the Company’s auditor, SNG
Grant Thornton. Any investment decisions by investors and/or
shareholders should be based on the full announcement, which is
available on
https://senspdf.jse.co.za/documents/2020/JSE/ISSE/AVVE/YE2020.pdf
and published on the Company’s website on
https://alvivaholdings.com/wp-content/uploads/2020/09/YE2020.pdf
on 28 September 2020. Copies of the full announcement may be
requested from the Company’s registered office and the offices of
the Sponsor during office hours at no cost at the contact details
below and is also available for inspection at the registered
office of the Company and the offices of the Sponsor.
The annual financial statements including the audit opinion of
the external auditor, SNG Grant Thornton, which set out the key
audit matters and the basis for its unmodified opinion, is
available on the Company’s website on
https://alvivaholdings.com/wp-content/uploads/2020/09/AFS2020.pdf
DECLARATION OF ORDINARY DIVIDEND
Notice is hereby given that the Board has declared a final
dividend of 15 cents (2019: 30 cents) per ordinary share for the
reporting period ended 30 June 2020.
The salient dates applicable to the final dividend are as
follows:
Date
Last day of trade “cum” dividend Tuesday, 10 November 2020
First day to trade “ex” dividend Wednesday, 11 November 2020
Record date Friday, 13 November 2020
Payment date Monday, 16 November 2020
No share certificates may be dematerialised or rematerialised
between Wednesday, 11 November 2020 and Friday, 13 November 2020,
both days inclusive.
Dividends are to be paid out of distributable reserves. Dividends
Tax of 20% will be withheld in terms of the Income Tax Act for
those shareholders who are not exempt from dividend tax. In
accordance with paragraphs 11.17(a)(i) to (ix) and 11.17(c) of
the JSE Listings Requirements, the following additional
information is disclosed:
– The gross local dividend amount is 15 cents per ordinary share
for shareholders exempt from Dividends Tax;
– The net local dividend amount is 12,00000 cents per ordinary
share for shareholders liable to pay Dividends Tax;
– Alviva Holdings Limited currently has 136 317 746 ordinary
shares in issue (which includes 7 180 750 FSP shares); and
– Alviva Holdings Limited’s income tax reference number is
9675/146/71/7.
Where applicable, payment in respect of certificated shareholders
will be transferred electronically to shareholders’ bank accounts
on the payment date. In the absence of specific mandates, payment
cheques will be posted to certificated shareholders at their risk
on the payment date. Shareholders who have dematerialised their
shares will have their accounts at their Central Securities
Depository Participant or broker credited on the payment date.
By order of the Board
A Tugendhaft P Spies
Chairperson Chief Executive Officer
Midrand
28 September 2020
ALVIVA HOLDINGS LIMITED
Directors:
A Tugendhaft * (Chairperson), P Spies (Chief Executive Officer),
SH Chaba*^, RD Lyon (Chief Financial Officer), PN Masemola *^,
MG Mokoka *^, P Natesan*^ (Lead Independent Director)
* Non-executive ^ Independent
Registered Office:
The Summit, 269, 16th Road, Randjespark, Midrand, 1685
Preparer of results: RD Lyon CA
Company Secretary: SL Grobler CA(SA)
Transfer Secretaries:
Computershare Investor Services (Pty) Ltd, Rosebank Towers,
15 Biermann Avenue, Rosebank, 2196
Auditors:
SNG Grant Thornton Incorporated, Registered Auditors, Summit
Place Office Park, Building 4, 221 Garsfontein Road, Menlyn, 0081
Sponsor:
Deloitte & Touche Sponsor Services (Pty) Ltd, Deloitte Place,
5 Magwa Crescent, Waterfall City, Midrand, 2090
www.alvivaholdings.com
Date: 28-09-2020 12:18:00
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