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Preliminary reviewed consolidated annual results , dividend declaration and notice of AGM
NU-WORLD HOLDINGS LIMITED
Registration No. 1968/002490/06
(Incorporated in the Republic of South Africa)
JSE share code: NWL ISIN code: ZAE000005070
(“Nu-World” or “the Group” or “the Company”)
Preliminary reviewed consolidated annual results for the year ended 31 August 2021, dividend declaration and
notice of annual general meeting (“AGM”)
Introduction to the Nu-World Holdings Group
Nu-World is a company incorporated and domiciled in South Africa with subsidiaries in Australia, Brazil, Dubai, Hong
Kong and Lesotho. The main business of Nu-World and its subsidiaries includes the importing, assembling, marketing
and distribution of branded consumer goods.
The Board presents the Nu-World summary results for the twelve months ended 31 August 2021.
The Group’s results to 31 August 2021 were reasonable, taking into context the COVID-19 pandemic and the lockdown
in South Africa as well as all the other countries in which we trade. The various lockdowns during 2020 / 2021 came on
top of a severely distressed SA economy. The looting and insurrection in July 2021 had the greatest negative impact
on the Group’s Q4 2021 results
Salient Features
2021 2020
R000 R000
Total revenue 2 358 212 2 627 705
Operating profit 219 468 205 262
Profit attributable to equity holders of the company 140 964 132 736
Basic earnings 140 964 132 736
Headline earnings 139 973 136 707
Basic earnings (cents per share) 655,2 617,0
Headline earnings (cents per share) 650,6 635,5
Weighted average number of ordinary shares (000) 21 513 22 513
Cash generated from operations 481,9 311,9
Dividend proposed 249,0 195,4
DECLARATION OF FINAL DIVIDEND
Notice is hereby given that a final gross dividend of 249,0 cents per share has been declared on by the Board, payable
to shareholders recorded in the register of Nu-World at the close of business on the record date appearing below. The
dividend is payable out of cash reserves.
- Dividends have been declared out of profits available for distribution.
- Local Dividends Withholding Tax rate is 20%.
- The gross dividend amount is 249,0 cents per ordinary share.
- The net cash dividend amount is therefore 199,2 cents per ordinary share.
- The Company has 22 646 465 ordinary shares in issue as at the declaration.
- The Company’s income tax reference number is 9100/085/71/2.
The salient dates pertaining to the final dividend are as follows:
Declaration date: Wednesday, 27 October 2021
Last date to trade ‘’cum’’ dividend Monday, 13 December 2021
Date trading commences ‘’ex’’ dividend Tuesday, 14 December 2021
Record date Friday, 17 December 2021
Date of payment Monday, 20 December 2021
Ordinary share certificates may not be dematerialised or rematerialised between Tuesday, 14 December 2021 and
Friday, 17 December 2021, both days inclusive.
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Where applicable, dividends in respect of certificated shares will be transferred electronically to shareholders’ bank
accounts on the payment date. In the absence of specific mandates, dividend cheques will be posted to shareholders.
Ordinary shareholders who hold dematerialised shares will have their accounts at their CSDP or broker credited on
Monday, 20 December 2021.
Annual report and notice of AGM
The 2021 Integrated Annual report and the notice of AGM will be mailed on 26 November 2021.
The annual general meeting will take place at 10h00 on Wednesday, 9 February 2022, at the registered office of the
Company. Shareholders are referred to the salient dates and venue below:
MEETING VENUE The boardroom
Nu-World Holdings Limited, 682 Pretoria Main Road,
Wynberg, Sandton
Sandton
RECORD DATE – to determine which shareholders are Friday, 19 November 2021
entitled to receive the Notice of AGM
PUBLICATION/POSTING date Friday, 26 November 2021
LAST DATE TO TRADE – last day to trade to determine Tuesday, 1 February 2022
eligible shareholders that may attend, speak and vote at
the AGM
RECORD DATE – record date to determine eligible Friday, 4 February 2021
shareholders that may attend, speak and vote at the AGM
MEETING DEADLINE DATE (for administrative purposes, Friday, 7 February 2022
forms of proxy for the meeting to be lodged by 10h00
MEETING DATE Wednesday, 9 February 2021
PUBLICATION OF RESULTS on SENS Wednesday, 9 February 2021
WEBSITE LINK http://www.nuworld.co.za
.
Auditor’s opinion
These condensed consolidated financial statements for the year ended 31 August 2021 have been reviewed by RSM
South Africa Inc., who expressed an unmodified review conclusion.
Full announcement
This short-form announcement is the responsibility of the Directors of the Company and is a summary of the
information in the full announcement, which is available for viewing on the following websites:
Company’s website: http://www.nuworld.co.za
JSE website: https://senspdf.jse.co.za/documents/2021/jse/isse/nwl/nwl2021.pdf
Any investment decision by investors and/or shareholders should be based on consideration of the full announcement,
copies of which are also available for inspection at our offices and our sponsor’s offices on workdays during business
hours, at no charge.
On behalf of the Board
J.A. Goldberg G.R. Hindle
Chief Executive Officer Financial Director
Johannesburg
27 October 2021
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Date: 27-10-2021 05:00:00
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