VUNANI LIMITED - Unaudited Condensed Consolidated Interim Results for the Six Month-Period Ended 31 August 2024

Unaudited Condensed Consolidated Interim Results for the Six Month-Period Ended 31 August 2024

VUNANI LIMITED
Incorporated in the Republic of South Africa
Registration number: 1997/020641/06
JSE code: VUN ISIN: ZAE000163382
"Vunani" or "the company" or "the group"


UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTH-PERIOD ENDED 31
AUGUST 2024

 - Revenue and premiums of R327.8 million (2023: R336.7 million)

 - Profit after tax of R22.8 million (2023: R36.1 million)

 - Earnings per share decreased to 6.7 cents (2023: 18.2 cents)

 - Headline earnings per share decreased to 6.7 cents (2023: 18.2 cents)



Vunani's performance for the period ended 31 August 2024 was down in comparison to the prior
year. The group generated total comprehensive income for the period of R22.5 million (2023: R35.9
million), while total profit attributable to equity holders of the company amounted to R10.8 million
(2023: R28.9 million).

The group's reporting segments include fund management, asset administration, insurance,
investment banking (advisory services and institutional securities broking). Shareholders are
reminded that the Company is classified in the General Segment.

This short-form announcement is the responsibility of the directors and is only a summary of the
information in the full announcement and does not contain full or complete details. The full
announcement was released on SENS on 29 October 2024 and can be found on the company's
website at https://www.vunanilimited.co.za/investor-relations/financial-results/ and at
https://senspdf.jse.co.za/documents/2024/jse/isse/VUN/In2024.pdf

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

Any investment decision should be based on the full announcement published on the company's
website.



By order of the board

Ethan Dube and Tafadzwa Mika
CEO and CFO

29 October 2024

CORPORATE INFORMATION

Executive directors

E Dube (Chief Executive Officer)
T Mika (Chief Financial Officer)
BM Khoza
NM Anderson


Non-executive directors

LI Jacobs – independent chairman
NS Mazwi – independent
G Nzalo – independent
JR Macey – independent
S Mthethwa
M Golding


Company secretary
CIS Company Secretaries Proprietary Limited


Sponsor
Vunani Sponsors


Financial communications adviser
Singular Systems Proprietary Limited


Transfer secretaries
Singular Systems Proprietary Limited

Date: 29-10-2024 03:30:00
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