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Annual results for the year ended 31 August 2019 and dividend declaration
NU-WORLD HOLDINGS LIMITED
Registration No. 1968/002490/06
(Incorporated in the Republic of South Africa)
JSE share code: NWL ISIN code: ZAE000005070
(“Nu-World” or “the Group” or “the Company”)
PRELIMINARY REVIEWED CONSOLIDATED ANNUAL RESULTS FOR THE YEAR ENDED 31 AUGUST 2019 AND
DIVIDEND DECLARATION
INTRODUCTION TO THE NU-WORLD HOLDINGS GROUP
Nu-World is a company incorporated and domiciled in South Africa with subsidiaries in Australia, Brazil,
Dubai, Hong Kong and Lesotho. The main business of Nu-World and its subsidiaries includes the importing,
assembling, marketing and distribution of branded consumer goods.
Salient Features
Year ended Year ended
31-Aug 31-Aug
2019 2018
R000 R000
Total revenue 3 032,0 3 004,2
Operating profit 226,3 272,5
Profit attributable to equity holders of the company 163,3 185,4
Basic earnings (rands) 163,2 185,4
Headline earnings (rands) 163,1 185,5
Basic earnings (cents per share) 756,7 869,0
Headline earnings (cents per share) 756,1 869,5
Weighted average number of ordinary shares 21,576 21,336
Cash generated from operations 154,1 million 55,2 million
Dividend proposed 65,3 million 74,2 million
The Board has pleasure in announcing a final gross dividend of 288,4 cents per ordinary share has been
declared for the year ended 31 August 2019. Dividends are subject to Dividends Withholding Tax. The
payment date for the dividend is Monday, 9 March 2020.
- Dividends have been declared out of profits available for distribution.
- Local Dividends Withholding Tax rate is 20%.
- The gross dividend amount is 288,4 cents per ordinary share.
- The net cash dividend amount is therefore 230,7 cents per ordinary share.
- The Company has 22 646 465 ordinary shares in issue as at the declaration date.
- The Company’s income tax reference number is 9100/085/71/2.
The salient dates relating to the dividend are as follows:
Last date to trade cum dividend Tuesday, 3 March 2020
Shares commence trading ex-dividend Wednesday, 4 March 2020
Dividend record date Friday, 6 March 2020
Dividend payment date Monday, 9 March 2020
Share certificates for ordinary shares may not be dematerialised or rematerialized between Wednesday,
4 March 2020 and Friday, 6 March 2020, both days inclusive.
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Full announcement
This short-form announcement is the responsibility of the Directors of the Company and is a summary of the
information in the full announcement, which is available for viewing on the following websites:
Company’s website: http://www.nuworld.co.za
JSE website: https://senspdf.jse.co.za/documents/2019/jse/isse/nwl/20196.pdf
Any investment decision by investors and/or shareholders should be based on consideration of the full
announcement, copies of which are also available for inspection at our offices and our sponsor’s offices on
workdays during business hours, at no charge.
On behalf of the Board
J.A. Goldberg G.R. Hindle
Chief Executive Officer Financial Director
Johannesburg
28 October 2019
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Date: 28/10/2019 07:16:00
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