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INVICTA HOLDINGS LIMITED - Unaudited condensed consolidated results for the six months ended 30 September 2020

Release Date: 30/11/2020 08:00
Code(s): IVT IVTP     PDF:  
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Unaudited condensed consolidated results for the six months ended 30 September 2020

INVICTA HOLDINGS LIMITED and its subsidiaries ("Invicta" or "the Company" or "the Group")
(Incorporated in the Republic of South Africa)
Registration number 1966/002182/06 | Share code: IVT | ISIN: ZAE000029773
Preference share code: IVTP | ISIN: ZAE000173399

Unaudited condensed consolidated results for the six months ended 30 September 2020

                                                                 30 September    30 September
FINANCIAL SUMMARY                                                        2020            2019    % Change
Shareholder's Equity                                     R'000      4 794 653       5 317 476         (10)
Revenue                                                  R'000      3 572 419       4 372 029         (18)
Profit for the period from continuing operations         R'000        155 324         164 945          (6)
Profit for the period                                    R'000        223 862         207 872           8
Basic earnings per share from continuing operations      cents            108             109          (1)
Basic earnings per share                                 cents            172             149          15
Headline earnings per share from continuing operations   cents            108             109          (1)
Headline earnings per share                              cents            172             149          15
Net asset value per ordinary share                       cents          3 728           4 210         (11)
Dividend per share*                                      cents              -               -           -

* The board has resolved not to declare an interim dividend given the possibility of a second wave of Covid-19 infections, following the
  trend seen in Europe and North America. The normal dividend policy (of a total dividend cover ratio of 3.5 times at interim adjusted
  to 2.75 times at year end) should be resumed once this risk has passed and conditions have stabilised.

This short-form announcement is the responsibility of the directors and is a summary of the information in the full
announcement and accordingly does not contain comprehensive details. The full announcement was published
on SENS on 30 November 2020, and may be found on the Company's website at and
also on the following link Copies of the full
announcement may also be requested at the Company's registered office or the office of the sponsor, at no charge,
during office hours from 30 November 2020. Any investment decision by investors and/or shareholders should be
based on consideration of the full announcement.

By order of the board

STEVEN JOFFE                                                                          NAZLEE RAJMOHAMED
Chief Executive Officer                                                               Group Financial Director

30 November 2020

Invicta Holdings Limited Registered office:
3 Droste Cresent, Droste Park,
Johannesburg, Gauteng, 2094

Transfer secretaries:
Computershare Investor Services Proprietary Limited,
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196

Dr CH Wiese* (Chairman), S Joffe (CEO), C Barnard,
GM Pelser, N Rajmohamed, DI Samuels^, LR Sherrell*,
AM Sinclair, RA Wally^, Adv JD Wiese*, PM Makwana^,
I Van Heerden*, F Davidson^

* Non-executive    ^ Independent non-executive

Deloitte & Touche Sponsor Services Proprietary Limited

To view the full announcement please visit our website at
Date: 30-11-2020 08:00:00
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