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PRIMESERV GROUP LIMITED - Unaudited interim financial results for the six months ended 30 September 2021

Release Date: 04/11/2021 17:05
Code(s): PMV     PDF:  
Wrap Text
Unaudited interim financial results for the six months ended 30 September 2021

Primeserv Group Limited
Incorporated in the Republic of South Africa
Registration number: 1997/013448/06
Share code: PMV ISIN: ZAE000039277
("Primeserv" or "the company")

Unaudited interim financial results for the six months ended 30 September 2021

up 12%
R363.3 million

Operating profit
up 520%
R10.5 million

Earnings per share
up 144%
11.76 cents

Headline earnings per share
up 65%
11.77 cents

Net asset value per share
up 12%
227 cents

Notice is hereby given that a gross cash dividend of 1.50 cents per share (2020: interim dividend of 1.50 cents per share) for the interim period was
declared on Thursday, 4 November 2021, payable to shareholders recorded in the share register of the company at the close of business on the record
date appearing below. The salient dates pertaining to the interim dividend are as follows:

Last date to trade "cum" dividend                Tuesday, 18 January 2022
Date trading commences "ex" dividend           Wednesday, 19 January 2022
Record date                                        Friday, 21 January 2022
Date of payment                                  Monday, 24 January 2022

Ordinary share certificates may not be dematerialised or rematerialised between Wednesday, 19 January 2022 and Friday, 21 January 2022, both days

Shareholders who are not exempt from the Dividend Withholding Tax of 20% will therefore receive a net dividend of 1.20 cents per share. The company
has 122 967 031 ordinary shares in issue and its income tax reference number is 9408/002/71/6. The dividend is being paid out of income reserves.

All times provided in this announcement are South African local times.

Where applicable, dividends in respect of certificated shares will be transferred electronically to shareholders’ bank accounts on the payment date.
Ordinary shareholders who hold dematerialised shares will have their accounts credited at their Central Securities Depository Participant (CSDP) or broker
on Monday, 24 January 2022. As cheques have been discontinued by the company’s bankers no dividend cheques will be distributed. Affected
shareholders should contact their broker or CSDP as soon as possible to arrange for their bank details to be loaded so that they can receive dividends via
electronic funds transfer.

This short-form announcement is the responsibility of the directors and is only a summary of the information in the full announcement and does not
contain full or complete details. This short form announcement has not been reviewed or audited by the company’s auditors. The full announcement was
released on SENS on 4 November 2021 and is also available on the company's website at and at

Copies of the full announcement are available for inspection on the company’s website or may be requested from the company’s registered office and the
company's sponsor during office hours at no charge. Any investment decision should be based on the contents of the full announcement published on
SENS and on the company's website.

By order of the Board

DL Rose                 M Abel                 R Sack
Chairperson             CEO                    FD

4 November 2021

DL Rose* (Chairperson)
M Abel (CEO)
B Kali#
LM Maisela*
R Sack (FD)

*Independent non-executive

Registered address:
25 Rudd Road
Sandton, 2196

Company secretary:
ER Goodman Secretarial Services Proprietary Limited
(represented by Marilis Janse van Rensburg)
3 River Road
Bedfordview, 2008

Transfer secretaries
JSE Investor Services Proprietary Limited
19 Ameshoff Street
Braamfontein, 2001

54 Glenhove Road
Melrose Estate

Grindrod Bank Limited,
Grindrod Towers
8A Protea Place
Sandton, 2196


Date: 04-11-2021 05:05:00
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