DENEB INVESTMENTS LIMITED - Reviewed Condensed Consolidated Financial Results For The Year Ended 31 March 2026 And Distribution Declaration

Reviewed Condensed Consolidated Financial Results For The Year Ended 31 March 2026 And Distribution Declaration

DENEB INVESTMENTS LIMITED
Registration number: 2013/091290/06
(Incorporated in the Republic of South Africa)
JSE share code: DNB
ISIN: ZAE000197398
("Deneb" or the "Group")

REVIEWED CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR
ENDED 31 MARCH 2026 AND DISTRIBUTION DECLARATION

1.   SALIENT FEATURES

     Revenue increased by R590.1 million (16%) to R4 339.3 million, from R3 749.2 million in
     the prior corresponding period.

     Earnings per share ("EPS") increased by 19.72 cents per share (73%) to 46.58 cents per
     share, from 26.86 cents per share in the prior corresponding period. Headline earnings
     per share ("HEPS") increased by 14.28 cents per share (57%) to 39.26 cents per share,
     from 24.98 cents per share in the prior corresponding period.

     Net asset value per share ("NAVPS") increased by 36 cents per share (8%) to 471 cents
     per share, from 435 cents per share in the prior corresponding period.

     Profit increased by R88.6 million (75%) to R206.0 million, from R117.4 million in the prior
     corresponding period.

     Distribution per share increased by 1 cent per share (9%) to 12 cents, from 11 cents per
     share in the prior corresponding period.


2. DISTRIBUTION

     The directors resolved to declare a final gross distribution of 12 cents per share (2025:
     11 cents) from a reduction of contributed tax capital in respect of the year ended 31 March
     2026.

     As at the declaration date, the Company has 441 506 326 shares in issue. The Company's
     income tax reference number is 9844426156.

     Shareholders are hereby advised of the following salient dates and times are applicable:

      Declaration Date                                   Thursday, 21 May 2026

      Last day to trade cum dividend                     Tuesday, 9 June 2026

      Securities commence trading ex dividend            Wednesday, 10 June 2026

      Record date for purposes of determining the        Friday, 12 June 2026
      registered holders of shares to participate in the
      dividend at close of business on

      Payment date                                       Monday, 15 June 2026

     Share certificates may not dematerialised or rematerialised between Wednesday, 10
     June 2026 and Friday, 12 June 2026, both dates inclusive.

3.   SHORT-FORM ANNOUNCEMENT

     This short-form announcement is the responsibility of the directors of Deneb. It contains
     only a summary of the information included in the full announcement ("Full
     Announcement") and does not contain full or complete details. The Full Announcement
     can be found at:

     https://senspdf.jse.co.za/documents/2026/JSE/ISSE/DNBE/FY26.pdf

     A copy of the Full Announcement is also available for viewing on the Company's website
     at www.deneb.co.za.

     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Full Announcement, as a whole.

     The financial information in this short-form announcement has been extracted from the
     reviewed condensed consolidated financial results of the Group for the year ended 31
     March 2026. The financial results have been reviewed by the Group's auditors who
     expressed an unmodified review conclusion thereon.


Cape Town
21 May 2026

Sponsor
PSG Capital

Date: 21-05-2026 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.