Wrap Text
Abridged report for the year ended 31 March 2020, notice of AGM and availability of B-BBEE report
Nictus Limited
(Incorporated in the Republic of South Africa)
(Registration number 1981/011858/06)
Share code: NCS
ISIN: NA0009123481
(“Nictus” or the “Company” or the “Group”)
ABRIDGED REPORT RELATING TO THE AUDITED FINANCIAL RESULTS FOR THE YEAR
ENDED 31 MARCH 2020, NOTICE OF ANNUAL GENERAL MEETING AND AVAILABILITY OF
THE B-BBEE ANNUAL COMPLIANCE REPORT
KEY FEATURES
- Group total assets increased by 13.07% to R749.5 million (2019: R662.9 million)
- Group revenue increased by 5.04% to R53.3 million (2019: R50.8 million)
- Headline earnings per share decreased by 23.09% to 6.86 cents per share (2019: 8.92 cents per
share (restated*))
- Earnings per share decreased by 24.33% to 6.81 cents per share (2019: 9.00 cents per share
(restated*))
- Profit for the year decreased by 34.51% to R3.6 million (2019: R5.6 million)
- Dividend declared decreased by 20.00% to 3.00 cents per share (2019: 3.75 cents per share)#
Notes:
* The Group has restated certain financial figures in the financial results for the year ended 31 March 2019 to,
inter alia, conservatively reflect the financial position and operating results of the Group, by recognising the
deferred tax liability as calculated by the individual entities within the Group, prior to consolidation. A detailed
assessment and impact of the restatements are contained in the full results announcement and consolidated
audited financial statements of the Group.
# A separate announcement will be published on SENS, today, containing details of the final dividend for the year
ended 31 March 2020.
ABOUT THIS SHORT FORM ANNOUNCEMENT
This short-form announcement is the responsibility of the directors of the Company and is only a
summary of the full results announcement and does not contain full or complete details.
Any investment decisions should be based on the full results announcement which is published on the
Company’s website at http://www.nictuslimited.co.za/wp-content/uploads/2020/09/Nictus-
Limited_Summarised-Financial-Statements-2020.pdf and accessible via the JSE link at
https://senspdf.jse.co.za/documents/2020/JSE/ISSE/NCS/Final_2020.pdf.
The consolidated audited financial statements, from which the full results announcement has been
extracted, have been audited by PricewaterhouseCoopers Inc., who expressed an unmodified audit
opinion thereon. The key audit matters contained in the auditor’s report are addressed on page 57 of
the integrated annual report, incorporating the consolidated audited financial statements, which is
available on the Company’s website at http://www.nictuslimited.co.za/wp-
content/uploads/2020/09/Nictus-Limited_IAR-2020.pdf.
The full results announcement and the consolidated audited financial statements, incorporating the
auditor’s report, are also available for inspection at the Company’s registered office and the office of
the Company’s JSE sponsor, at no charge and during standard business hours.
INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING
The integrated annual report contains a notice convening the annual general meeting (“AGM”) of
Nictus shareholders (“Shareholders”) for the year ended 31 March 2020. The AGM will be held on
Wednesday, 14 October 2020 at 12h00, entirely by way of electronic participation.
Shareholders are encouraged to read the notice of AGM for the information on how to electronically
attend, participate in and vote at the AGM.
The notice of AGM and the summarised version of the consolidated audited financial statements are
to be posted to Shareholders today, 11 September 2020. These documents and the full integrated
annual report are also available on the Company's website at http://www.nictuslimited.co.za/.
The record date for purposes of determining the Shareholders entitled to receive the notice of AGM is
Friday, 4 September 2020. The record date for purposes of determining which Shareholders are
entitled to electronically attend, participate in and vote at the AGM is Friday, 9 October 2020.
Accordingly, the last date to trade in the Company’s shares on the JSE in order to be eligible to
electronically attend, participate in and vote at the AGM is Tuesday, 6 October 2020.
AVAILABILITY OF THE BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL
COMPLIANCE REPORT
The Company’s annual compliance report prepared pursuant to section 13(G)(2) of the Broad-Based
Black Economic Empowerment Act, No.53 of 2003 is available on the Company’s website at
http://www.nictuslimited.co.za/wp-content/uploads/2020/09/Nictus-Limited_B-BBEE-Certificate-
2020.pdf.
Randburg
11 September 2020
Sponsor
One Capital
Directors
Professor Barend J Willemse (Independent non-executive chairman)
Gerard Swart (Independent non-executive director)
Cornelius J de Vrye (Independent non-executive director)
Philippus J de W Tromp (Non-executive director)
Nicolaas C Tromp (Non-executive director)
Gerard R de V Tromp (Executive group managing director)
Eckhart H Prozesky (Executive group financial director)
Company secretary
Veritas Eksekuteurskamer Proprietary Limited
Registration number: 1984/007487/07
1st Floor, Nictus Building
Corner of Pretoria and Dover Streets, Randburg
PO Box 2878, Randburg 2125
JSE Sponsor
One Capital
17 Fricker Road
Illovo, Sandton 2196
Registered office of the Company
Head office
1st Floor, Nictus Building
Corner of Pretoria and Dover Streets, Randburg
PO Box 2878, Randburg 2125
Windhoek office
1st Floor, Nictus Building
140 Mandume Ndemufayo Avenue
Windhoek
Private Bag 13231, Windhoek
Auditor
PricewaterhouseCoopers Inc.
4 Lisbon Lane, Waterfall City
Juskei View 2019
Private Bag X36, Sunninghil 2157
www.nictuslimited.co.za
Date: 11-09-2020 09:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
