SFA_Unaudited Interim Results for the 6 months ended 31 August 2019 & Interim Dividend Declaration (No 10)
NVEST FINANCIAL HOLDINGS LIMITED AND ITS SUBSIDIARIES
(Incorporated in the Republic of South Africa)
(Registration number 2008/015990/06)
(“NVest” or “the Company” or “the Group”)
ISIN Code: ZAE000199865 JSE Code: NVE
SHORT FORM SENS ANNOUNCEMENT
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2019 AND INTERIM
DIVIDEND DECLARATION (NUMBER 10)
Extracted from the reviewed provisional condensed consolidated financial statements:
31 August 2019 31 August 2018 Percentage
Revenue 141 872 830 148 074 478 -4.19%
Operating Profit 42 599 475 44 961 207 -5.25%
Headline earnings per share 10.18 (cents) 10.91 (cents) -6.69%
Earnings per share 10.18 (cents) 10.59 (cents) -3.87%
Dividend 5.25 (cents) 5.50 (cents) -4.55%
Net Asset Value Per Share 153.00 (cents) 143.68 (cents) 6.49%
The short-form announcement is the responsibility of the directors and is only a summary of
information in the full announcement which is available on the company’s website
(www.nvestholdings.co.za). This announcement does not contain full or complete details and
any investment decisions by investors and/or shareholders should be based on consideration
of the published SENS available on:
The Board has declared an interim dividend (Number 10) of 5.25 cents per share, which amounts
to 51.6% of headline earnings. The dividend is declared out of income reserves of the Group. The
dividend will be subject to a dividend withholding tax rate of 20% or 1.05 cents per ordinary share.
Shareholders, unless exempt or qualifying for a reduced withholding tax rate, will receive a net
dividend of 4.20 cents per share. NVest’s tax reference number is 9053981180.
The number of ordinary shares which will be eligible for the dividend at the declaration date is
302 741 722. The salient dates for the dividend will be as follows:
Last date to trade “cum” dividend Tuesday, 3 December
Shares commence trading ”ex” dividend Wednesday, 4 December
Record date (date shareholders recorded in share register) Friday, 6 December
Payment date Monday, 9 December
Shareholders may not dematerialise or rematerialise their share certificates between Wednesday,
4 December 2019 and Friday, 6 December 2019, both dates inclusive.
Copies of the full announcement may be requested from the Company (Brendan Connellan,
firstname.lastname@example.org) or inspected at the registered office and/or the Designated
Advisors’ office, at no charge, during office hours.
19 November 2019
Arbor Capital Sponsors Proprietary Limited
Date: 19/11/2019 02:28:00
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