NIVEUS INVESTMENTS LIMITED - Unaudited Interim Results for the six months ended 30 September 2019

Unaudited Interim Results for the six months ended 30 September 2019

Incorporated in the Republic of South Africa   
Registration number: 1996/005744/06   
JSE share code: NIV   
ISIN code: ZAE000169553
("the Company" or "the Group" or "Niveus")

Unaudited Interim Results for the six months ended 30 September 2019

Salient figures
                                        Unaudited     Unaudited  
                                     30 September  30 September  Percentage  
                                             2019          2018      change
Revenue (R'000)*                            3 478         4 069         (15)
Property rental income (R'000)*             5 302         4 960           7
EBITDA (R'000)*                            (7 706)      (15 642)        (51)
Headline loss (R'000)                      (2 627)      (24 935)         90
Earnings per share (cents)                   (7,6)          2,2        (440)
Headline earnings per share (cents)          (2,2)        (20,9)         90
Interim dividend per share (cents)              -             -           -
Net asset value per share (cents)*            304           360         (15)

* Restated

Directors' statement

The directors, who take responsibility for the contents of this short-form announcement, present the unaudited condensed interim results of Niveus 
for the six months ended 30 September 2019. The results were prepared under the supervision of the financial director, Mr AF Pereira CA(SA).

The financial information is only a summary and does not contain full details of the financial results. Any investment decisions by 
investors and/or shareholders should be based on information contained in the full announcement, which was released on the Company's website 
at and can be accessed via the JSE link below.

The full announcement is available to view, or copies thereof can be requested at our registered office at 57 Main Street, Paarl, 7646 and 
the offices of the sponsor free of charge to investors and/or shareholders, during office hours (09:00 - 17:00) from Mondays to Fridays at 
no charge. Copies of this announcement may also be requested by email at

The JSE link is as follows:

JA Copelyn         LI Bethlehem
Chairman           Chief executive officer

21 November 2019

Directors: JA Copelyn (Chairman)^, LI Bethlehem (CEO)*, MH Ahmed#, ML Molefi#, JG Ngcobo#, AF Pereira*, Y Shaik^, RD Watson#     
(*executive   ^non-executive   #independent non-executive)

Company secretary: HCI Managerial Services Proprietary Limited   

Transfer secretaries: Computershare Investor Services Proprietary Limited   

Sponsor: Investec Bank Limited

Date: 21/11/2019 05:36:00
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