Short Form Sens Announcement:Audited Consolidated Results for year ended 29 Feb2020 & Dividend Declaration No 11
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
AUDITED CONSOLIDATED RESULTS FOR THE YEAR ENDED 29 FEBRUARY 2020 AND DIVIDEND
DECLARATION NUMBER 11
Extracted from the reviewed provisional condensed consolidated financial statements:
29 February 2020 28 February 2019 Percentage
Revenue 310 185 831 306 336 355 1.26%
Operating Profit 89 419 417 92 297 837 3.12%
Headline earnings per share 21.30 cents 21.78 cents 2.20%
Earnings per share 21.62 cents 21.05 cents 2.71%
Dividend 11.75 cents 11.75 cents -
Net Asset Value Per Share 159.60 cents 149.07 cents 7.06%
The short-form announcement is the responsibility of the directors and is only a summary of
information set out 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 a final gross dividend (Number 11) of 6.5 cents per share for the year
ended 29 February 2020. The dividend is declared out of income reserves. The dividend will be
subject to a dividend withholding tax rate of 20% or 1.3 cents per ordinary share. Shareholders,
unless exempt or qualifying for a reduced withholding tax rate, will receive a net dividend of
5.2 cents per share. NVest’s tax reference number is 9053981180. The number of ordinary shares in
issue at the declaration date is 303,241,722.
The salient dates for the dividend will be as follows:
Last date to trade “cum’ dividend Monday 15 June
Shares commence trading ‘ex’ dividend Wednesday 17 June
Record date (date shareholders recorded in share register) Friday 19 June
Payment date Monday 22 June
Shareholders may not dematerialise or rematerialise their share certificates between Wednesday,
17 June 2020 and Friday, 19 June 2020 both dates inclusive.
Copies of the full announcement may be requested from the Company (Brendan Connellan,
email@example.com) or inspected at the registered office and/or the Designated
Advisors’ office, at no charge, during office hours.
29 May 2020
Arbor Capital Sponsors
Date: 29-05-2020 07:10:00
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