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ZARCLEAR HOLDINGS LIMITED - Unaudited results for the six months ended 30 September 2019

Release Date: 18/11/2019 17:40
Code(s): ZCL     PDF:  
Wrap Text
Unaudited results for the six months ended 30 September 2019

ZARCLEAR HOLDINGS LIMITED
(formerly Sandown Capital Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2000/013674/06)
Share code: ZCL
ISIN: ZAE000249645
(“Zarclear” or “the Group” or “the Company”)


SHORT-FORM ANNOUNCEMENT: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2019


HIGHLIGHTS

-   NAV of 536 cents per share
-   Operating profit from earnings focused segment (market infrastructure and regulation-technology
    investments): R5.3 million
-   Acquisition of 22% of African Phoenix Investments Limited


FINANCIAL RESULTS
                                                                         Unaudited as at            Unaudited as at
                                                                            30 September               30 September
                                                                                    2019                       2018
                                                                                   R’000                      R’000

Net asset value per share (cents)                                                    536                        559
(Losses) income from portfolio investments                                      (16,023)                    158,499
Fee income                                                                        19,525
Total comprehensive (loss) income for the period                                 (2,234)                    161,126
Basic, diluted and headline (loss) / earnings (attributable)                     (8,187)                    119,741
Weighted average ordinary shares in issue                                    226 060 696                226 060 696
Basic, diluted and headline (loss) / earnings
per share (cents)                                                                 (3.62)                      52.97
Dividend per share


This short-form announcement is the responsibility of the board of directors of Zarclear. This announcement is a
summary of the information in the full announcement, has not been audited by the Company’s auditors and does
not contain full or complete details. Any investment decision by investors and/or shareholders should be based on
consideration of the full announcement. The full announcement has been released on the JSE website:
https://senspdf.jse.co.za/documents/2019/jse/isse/ZCLE/HY2019.pdf and is available on the Zarclear website
(http://zarclear.com/App/Uploads/File/0/0/50895/Final%20Interim%20Sept%202019.pdf) and may be inspected at 
the registered offices of the Company (9th floor, Katherine Towers (Bidvest Bank Building), 1 Park Lane Wierda Valley, 
Sandton 2196) and at the offices of the sponsor, Java Capital (2nd Floor, 6A Sandown Valley Crescent, Sandown, Sandton, 
2196) at no charge during normal business hours from Tuesday, 19 November 2019 to Tuesday, 3 December 2019.

Paul Baloyi                                Warren Chapman                                    Andrew Hannington
Non-Executive Chairman                     (CEO)                                             (CFO)

18 November 2019


Directors: Paul Baloyi* (Chairman); Warren Chapman (CEO); Andrew Hannington (CFO); Fatima Vawda*; Amanda Munro-Smith;
Kgosie Matthews*
(* Independent non-executive)

Registered office: 9th floor, Katherine Towers, 1 Park Lane, Wierda Valley, Sandton 2196 (PO Box 650361, Benmore, 2010),
Telephone: +27 11 722 7516

Company Secretary: CIS Company Secretaries Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196,
(PO Box 61051, Marshalltown, 2107)

Transfer Secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, 
2196, (PO Box 61051, Marshalltown, 2107)

Sponsor: Java Capital: 6A Sandown Valley Crescent, Sandton, 2196 (PO Box 522606, Saxonwold, 2132)


Date: 18/11/2019 05:40:00
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