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ARB HOLDINGS LIMITED - Summarised audited consolidated results for the year ended 30 June 2019, dividend announcement and notice of AGM

Release Date: 15/08/2019 08:00
Code(s): ARH     PDF:  
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Summarised audited consolidated results for the year ended 30 June 2019, dividend announcement and notice of AGM

ARB Holdings Limited        
Registration number 1986/002975/06
Share code: ARH
ISIN: ZAE000109435 
("ARB" or "the Company" or "the Group")

Summarised audited consolidated results for the year ended 30 June 2019, 
dividend announcement and notice of Annual General Meeting

Key financials
- Revenue up 4.5% to R2 706m (2018: R2 590m)
- Headline earnings per share ("HEPS") down 18.8% to 58.20 cents
- Dividend per share maintained at 25.00 cents
- Cash on hand of R180,9m (2018: R259,4m) after paying dividends, capital expenditure and 
  acquisitions of R317.0m

Dividend declaration
In view of the Group's continued strong cash generation and its relatively ungeared balance sheet,
the board has resolved to declare a dividend of 25.0 cents per share (2018: 25.0 cents per share) 
for the year ended 30 June 2019.

The relevant dates for the dividends are as follows:

Event                                                                                           Date
Declaration date                                                           Wednesday, 14 August 2019
Last day to trade cum dividend                                             Tuesday, 3 September 2019
Shares commence trading ex-dividend                                      Wednesday, 4 September 2019
Record date                                                                 Friday, 6 September 2019
Payment date                                                                Monday, 9 September 2019

Share certificates may not be dematerialised or rematerialised between Wednesday, 4 September 2019 
and Friday, 6 September 2019, both days inclusive.

In compliance with the JSE Listings Requirements, the following additional information is disclosed:
1. the dividend has been declared out of income reserves;
2. the local dividend withholding tax rate is 20%;
3. the gross local dividend amount is 25.00 cents per share for shareholders exempt from paying
   dividend withholding tax;
4. the net local dividend amount is 20.00 cents per share for shareholders liable to pay dividend
   withholding tax;
5. the issued share capital of ARB is 235 000 000 ordinary shares of 0.01 cent each; and
6. ARB's income tax reference number is 9010/138/20/5.

Notice of Annual General Meeting
Notice is hereby given that the Annual General Meeting of shareholders of ARB will be held at 10:00 
on Tuesday, 5 November 2019, at the Company's registered office located at 10 Mack Road, Prospecton,
Durban.  The notice of Annual General Meeting will be contained in the integrated report which will 
be posted to shareholders by no later than Monday, 30 September 2019.

The record date, for purposes of determining which shareholders are entitled to receive the notice 
of Annual General Meeting, will be Friday, 20 September 2019.

The last day to trade and the record date, in order for shareholders to be eligible to participate 
in and vote at the Annual General Meeting, will be Tuesday, 22 October 2019 and Friday, 
25 October 2019, respectively.

This short-form announcement is the responsibility of the directors of ARB. This short-form
announcement is only a summary of the information in the full announcement and does not contain
full or complete details. Any investment decision by investors and/or shareholders should be based
on consideration of, inter alia, the full announcement.

The full announcement is available for viewing on ARB's website ( and at

The full announcement is further available for inspection at the offices of ARB (10 Mack Road,
Prospecton, Durban, KwaZulu-Natal, 4133) and the offices of the sponsor, Grindrod Bank Limited
(Grindrod Tower, 8A Protea Place, Sandton, 2196), at no charge during normal office hours on
business days from 15 August 2019. Copies can be requested from ARB's investor relations at

Grindrod Bank Limited

15 August 2019
Date: 15/08/2019 08:00:00
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