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HUDACO INDUSTRIES LIMITED - Unaudited interim results for the six months ended 31 may 2021 and dividend declaration number 68

Release Date: 25/06/2021 07:30
Code(s): HDC     PDF:  
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Unaudited interim results for the six months ended 31 may 2021 and dividend declaration number 68

HUDACO INDUSTRIES LIMITED
(“Hudaco” or the “Company”)
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC & ISIN: ZAE000003273

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MAY 2021 AND DIVIDEND DECLARATION NUMBER 68

Salient Features


                                  31 May 2021       31 May 2020      31 May 2019   Percentage    Percentage
                                         (Rm)              (Rm)             (Rm)   change (%)    change (%)
                                                                                      vs 2020       vs 2019
    Revenue                              3 383             2 636           3 175         28.3           6.5
    Operating profit                       357                79             297        351.9          20.2
    Comparable earnings per
    share (cents)                          686                  69           520         899.4          32.1
    Headline earnings per
    share (cents)                          686                 195           533         252.2          28.9
    Basic earnings per share
    (cents)                                686              (738)            533         193.1          28.9
    Interim dividend per share             240                  -            190            ?           26.3
    (cents)
    Net asset value per share
    (cents)                              8 739             7 579           8 099          15.3           7.9


Short-Form Announcement
This short-form announcement is the responsibility of the directors of Hudaco. It is only a summary
of the information contained in the unaudited results for the six months ended 31 May 2021 (the
“full announcement”) and does not contain full or complete details. Any investment decisions by
investors and/or shareholders should be based on consideration of the full announcement published
on the JSE website at https://senspdf.jse.co.za/documents/2021/jse/isse/HDC/ie2021.pdf.

Copies of the full announcement may be requested from the Company at info@hudaco.co.za or inspected at the
registered office of the Company, at no charge, during office hours.

Declaration of interim dividend number 68
Interim dividend number 68 of 240 cents per share for the six months ended 31 May 2021 (2020: 0 cents per share) is
declared. The dividend is payable on Tuesday, 10 August 2021 to ordinary shareholders recorded in the register at the
close of business on Friday, 6 August 2021.

The timetable for the payment of the dividend is as follows:
Last day to trade cum dividend                                  Tuesday, 3 August 2021
Trading ex dividend commences                                   Wednesday, 4 August 2021
Record date                                                     Friday, 6 August 2021
Payment date                                                    Tuesday, 10 August 2021

Share certificates may not be dematerialised or rematerialised between Wednesday, 4 August 2021 and Friday, 6
August 2021, both days inclusive. The certificated register will be closed for this period.

In terms of the Listings Requirements of the JSE Limited regarding the Dividends Tax the following additional
information is disclosed:

•     The dividend has been declared from income reserves;
•     The dividend withholding tax rate is 20%;
•     The net local dividend amount is 192 cents per share for shareholders liable to pay the Dividend Tax and 240
      cents per share for shareholders exempt from the Dividend Tax;
•     Hudaco Industries Limited has 33 128 931 shares in issue (which includes 2 846 391 treasury shares); and
•     Hudaco Industries Limited’s income tax reference number is 9400/159/71/2.
25 June 2021

Corporate advisor and Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 25-06-2021 07:30:00
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