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PRIMESERV GROUP LIMITED - Unaudited results for the six months ended 30 September 2019
Unaudited results for the six months ended 30 September 2019 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 results for the six months ended 30 September 2019 Revenue up 4% R403 million Operating profit up 11% R12 million Earnings per share up 12% 11.46 cents Headline earnings per share up 11% 11.47 cents Net asset value per share up 17% 180 cents DIVIDEND Notice is hereby given that a gross cash dividend of 1.50 cents per share (2018: interim dividend of 1.50 cents per share) for the interim period was declared on Thursday, 21 November 2019, 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, 14 January 2020 Date trading commences "ex" dividend Wednesday, 15 January 2020 Record date Friday, 17 January 2020 Date of payment Monday, 20 January 2020 Ordinary share certificates may not be dematerialised or rematerialised between Wednesday, 15 January 2020 and Friday, 17 January 2020, both days inclusive. 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 132 062 743 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. In the absence of specific mandates, dividend cheques will be posted to shareholders at their risk. Ordinary shareholders who hold dematerialised shares will have their accounts credited at their CSDP or broker on Monday, 20 January 2020. 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. The full announcement was released on SENS on 21 November 2019 and is also available on the Company's website at www.primeserv.co.za and at https://senspdf.jse.co.za/documents/2019/jse/isse/PMV/interim19.pdf Copies of the full announcement are available for inspection at the Company's registered office, at the Company's sponsor's office 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 Chairman CEO FD 21 November 2019 Illovo Directors: DL Rose* (Chairman) M Abel (CEO) B Kali* LM Maisela# R Sack (FD) *Independent non-executive #Non-executive Registered address: 25 Rudd Road Illovo (PO Box 3008, Saxonwold, 2132) Company secretary: ER Goodman Secretarial Services (Pty) Ltd Transfer secretaries: Link Market Services South Africa (Pty) Ltd Rennie House 19 Ameshoff Street Braamfontein 2001 (PO Box 4844, Johannesburg, 2000) Auditors: Mazars 54 Glenhove Road Melrose Estate 2196 Sponsor: Grindrod Bank Limited, 4th Floor Grindrod Towers 8A Protea Place Sandton 2196 E-mail: firstname.lastname@example.org www.primeserv.co.za Date: 21/11/2019 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.