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STELLAR CAPITAL PARTNERS LIMITED - Results for the interim period ended 31 December 2020 - short form announcement

Release Date: 19/02/2021 09:00
Code(s): SCP     PDF:  
Wrap Text
Results for the interim period ended 31 December 2020 - short form announcement

Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: SCP
ISIN: ZAE000198586


Stellar Capital Partners Limited ("Stellar Capital" or "the Group"), an investment holding company, has published its interim results
for the six months ended 31 December 2020, a summary of which is set out below.

Stellar Capital's key financial measurements are detailed below:

                                              Unaudited as at      Unaudited as at   % decrease/
                                             31 December 2020     31 December 2019      increase
Net asset value (R'000)                             1 127 925            1 272 762          -11%
Net asset value per share (Rand)                         1.29                 1.21            7%

Stellar Capital's other financial measurements are detailed below:

                                                     Unaudited           Unaudited
                                                      6 months            6 months
                                                         ended               ended
                                              31 December 2020    31 December 2019    % decrease
Gross loss from investments for the period
(R'000)                                                (2 027)             (4 339)          -53%
Loss for the period (R'000)                           (12 072)            (17 144)          -30%
Loss per share (cents)                                  (1.47)              (1.64)          -10%
Headline loss per share (cents)                         (1.47)              (1.64)          -10%

No ordinary dividends were declared or paid during either reporting periods.

This short form announcement is the responsibility of the directors. It is only a summary of the information contained in the full
announcement and does not contain full or complete details. Furthermore, this short form announcement has not been reviewed
or reported on by Stellar Capital's auditors.

Any investment decision should be based on the full announcement accessible from Friday, 19 February 2021, via the JSE link at and also available on the Stellar Capital's website at

The full announcement is also available for inspection to shareholders and investors at no charge, during normal business hours
from 19 February 2021 at the physical office of Stellar Capital, Fourth Floor, The Terraces, 25 Protea Road, Claremont, Cape Town
as well as the offices of Stellar Capital's sponsor, Rand Merchant Bank (a division of FirstRand Bank Limited), 1 Merchant Place,
Cnr Rivonia Road and Fredman Drive, Sandton, Johannesburg. An electronic copy of the full announcement can also be requested
from the Company Secretary at Shareholders and investors are encouraged to review the full
announcement, as a whole, in making any investment decisions.

By order of the Board

19 February 2021

Rand Merchant Bank (a division of First Rand Bank Limited)

Date: 19-02-2021 09:00:00
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