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FRONTIER TRANSPORT HOLDINGS LIMITED - Unaudited Consolidated Interim Results for the six months ended 30 September 2025 and Declaration of Cash Dividend

Release Date: 27/11/2025 14:00
Code(s): FTH     PDF:  
Wrap Text
Unaudited Consolidated Interim Results for the six months ended 30 September 2025 and Declaration of Cash Dividend

FRONTIER TRANSPORT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: FTH
ISIN: ZAE000300505
("Frontier" or the "Company")


UNAUDITED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2025
AND DECLARATION OF CASH DIVIDEND

FINANCIAL HIGHLIGHTS
-   Revenue: R1 394.430m, down 5.7% (September 2024: R1 479.315m)
-   Headline earnings per share: 50.77 cents, down 13.7% (September 2024: 58.81 cents)
-   Earnings per share: 51.50 cents, down 14.2% (September 2024: 60.01 cents)
-   Net asset value: R1 672.781m, up 12.3% (September 2024: R1 490.010m)
-   Ordinary cash dividends: 27.7 cents, up 6.9% (September 2024: 25.90 cents)

This short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the full announcement and does not contain full or complete details.
Any investment decision should be based on the full announcement, which can be accessed from
Thursday, 27 November 2025, via the JSE link and also available on the Company's website at
www.frontiertransport.co.za

Copies of the full announcement may also be requested at the Company's registered office during office
hours, at no charge.

The JSE link is as follows: https://senspdf.jse.co.za/documents/2025/jse/isse/FTHE/Interims.pdf

DECLARATION OF ORDINARY CASH DIVIDEND TO SHAREHOLDERS

The directors have approved and declared an interim ordinary dividend of 27.7 cents (gross) per
Frontier share for the six months ended 30 September 2025 from income reserves.

The salient dates for the payment of this dividend are as follows:

Declaration date                                                        Thursday, 27 November 2025
Last day to trade                                                         Monday, 15 December 2025
Shares commence trading ex-dividend                                    Wednesday, 17 December 2025
Record date                                                               Friday, 19 December 2025
Payment date                                                              Monday, 22 December 2025

Share certificates may not be dematerialised or rematerialised between Wednesday, 17 December 2025
and Friday, 19 December 2025, both days inclusive.

In terms of legislation applicable to Dividends Tax ("DT") the following additional information is disclosed:

-   The interim ordinary dividend shall constitute a "dividend" as defined in the Income Tax Act,
    58 of 1962.
-   The local DT rate is 20%.
-   The number of ordinary shares in issue at the date of the declaration is 294 312 384.
-   The DT amounts to 5.54000 cents per share for the interim ordinary dividend.
-   The net local dividend amount is 22.16000 cents per share for the interim ordinary dividend for
    all shareholders who are not exempt from DT.
-   Frontier's income tax reference number is 9754/276/16/1.

In terms of DT legislation, any DT amount due will be withheld and paid over to the South African
Revenue Service by a nominee company, stockbroker or Central Securities Depository Participant
(collectively "regulated intermediary") on behalf of shareholders. All shareholders should declare their
status to their regulated intermediary as they may qualify for a reduced DT rate or exemption.


Cape Town
27 November 2025

Sponsor
Investment Banking

Date: 27-11-2025 02:00:00
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