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Primeserv Group Limited
Incorporated in the Republic of South Africa
Registration number: 1997/013448/06
Share code: PMV ISIN: ZAE000039277
("Primeserv" or "the company")
Audited Annual Financial Statements for the year ended 31 March 2025, availability of the Integrated Report and Notice of Annual General Meeting
Shareholders are advised that the company's integrated annual report, including the audited consolidated annual financial statements for the year ended
31 March 2025 and the notice of annual general meeting, were distributed to shareholders today, Thursday, 31 July 2025.
Revenue
up 13%
R1 074.3 million
Operating profit
up 46%
R35.0 million
Earnings per share
up 29%
42.16 cents
Headline earnings per share
up 29%
42.16 cents
Net asset value per share
up 11%
295 cents
DIVIDEND
Notice is hereby given that a final gross cash dividend of 12.50 cents per share (2024: 10.00 cents per share) for the year was declared on Thursday, 31 July
2025, payable to shareholders recorded in the share register of the company at the close of business on the record date appearing below. The salient
dates pertaining to the interim dividend are as follows:
Last date to trade "cum" dividend: Tuesday, 14 October 2025
Date trading commences "ex" dividend: Wednesday, 15 October 2025
Record date: Friday, 17 October 2025
Date of payment: Monday, 20 October 2025
Ordinary share certificates may not be dematerialised or rematerialised between Wednesday, 15 October 2025 and Friday, 17 October 2025, both days
inclusive.
Shareholders who are not exempt from the Dividend Withholding Tax of 20% will therefore receive a net dividend of 10.00 cents per share. The company
has 114 522 101 ordinary shares in issue, and its income tax reference number is 9408/002/71/6. The dividend is being paid out of income reserves.
Dividends are declared in the currency of the Republic of South Africa. All times provided in this announcement are South African local times. The directors
have confirmed that the company will satisfy the solvency and liquidity requirements immediately after payment of the dividend.
AUDIT OPINION
The consolidated annual financial statements for the year have been audited by PKF Octagon Inc., who expressed an unqualified audit opinion. The
auditor's report, together with the consolidated annual financial statements, is available for inspection on the company's website using the following link:
Primeserv-integrated-report-2025-secured.pdf
This short-form announcement is the responsibility of the directors and is only a summary of the information in the audited consolidated annual financial
statements and does not contain full or complete details. The audited consolidated annual financial statements was published on 31 July 2025 and is also
available on the company's website at www.primeserv.co.za and at https://senspdf.jse.co.za/documents/2025/jse/isse/PMV/AFS2025.pdf
Copies of the full integrated annual report are available for inspection on the company's website or may be requested from the company's registered
office and the company's sponsor during office hours. Any investment decision should be based on the contents of the full integrated annual report
published on the company's website.
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the annual general meeting of shareholders of the company will be held on Friday, 21 November 2025 at 09:00 and will be held
virtually using an interactive electronic platform to transact the business as stated in the notice of annual general meeting forming part of the company's
integrated annual report. The integrated annual report will be made available on the company's website www.primeserv.co.za.
The salient dates and times regarding the Annual General Meeting are set out below:
Issuer name: Primeserv Group Limited
Type of instrument: Ordinary Shares
ISIN number: ZAE000039277
JSE code: PMV
Meeting type: Annual General Meeting
Meeting venue: Electronic participation
Record date for purposes of receiving the Notice of Annual General Meeting: Friday, 18 July 2025
Distribution of the Notice of Annual General Meeting: Thursday, 31 July 2025
Last day to trade: Tuesday, 11 November 2025
Record date for voting purposes: Friday, 14 November 2025
Last date and time to request participation at the meeting: Wednesday, 19 November 2025 by 09:00
Last day to lodge proxy forms: Wednesday, 19 November 2025 by 09:00
Date and time of Annual General Meeting: Friday, 21 November 2025 at 09:00
Publication of Annual General Meeting results on SENS: Friday, 21 November 2025
PROPOSED AMENDMENTS TO THE MEMORANDUM OF INCORPORATION
Shareholders are further advised that the company intends to propose certain amendments to its MOI. The proposed amendments are required to align
the MOI with the provisions of the General Segment of the Main Board of the JSE Limited. Shareholder approval for the MOI amendments will be sought
at the upcoming AGM scheduled to be held on Friday, 21 November 2025.
Further details on the proposed amendments to the MOI are included in the Notice of Annual General Meeting.
B-BBEE ANNUAL COMPLIANCE REPORT
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the annual compliance
reports relevant to the Primeserv group, in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act, have been published on the
company's website: http://primeserv.co.za/downloads/.
ShareHub Service
All Primeserv publications, notices, circulars and other shareholder advisories are made available via ShareHub. The Notice of Annual General Meeting and
the links to register to participate in the Annual General Meeting are also available via ShareHub.
ShareHub functions as an electronic mailbox for each registered shareholder. Shareholders can expect to receive notifications from ShareHub via email
or on their mobile phone via text message.
To access this online service, each shareholder must register at www.sharehub.co.za. There is no cost to shareholders to register or utilise
this service.
Primeserv urges its shareholders to register with ShareHub, thereby assisting Primeserv in communicating with shareholders more efficiently, effectively,
and timeously.
By order of the Board
DL Rose M Abel R Sack
Chairperson CEO FD
30 July 2025
Date of announcement: 31 July 2025
Illovo
Directors:
DL Rose* (Chairperson)
M Abel (CEO)
S Klein*
LM Maisela*
KM Matjila*
R Sack (FD)
*Independent non-executive
Registered address
25 Rudd Road
Illovo
Sandton, 2196
Company secretary
ER Goodman Secretarial Services Proprietary Limited
(represented by Marilis Janse van Rensburg)
4 ' 6 Skeen Boulevard
Bedfordview, 2008
Sponsor
African Bank Limited,
(Business and Commercial Banking Division)
4th Floor, Grindrod Towers
8A Protea Place
Sandton, 2196
Auditors
PKF Octagon Incorporated
21 Scott Street
Waverley
Johannesburg, 2090
Transfer secretaries
JSE Investor Services Proprietary Limited
One Exchange Square
2 Gwen Lane, Sandown
Sandton, 2196
E-mail: productivity@primeserv.co.za
www.primeserv.co.za
Date: 31-07-2025 11:45:00
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