INVICTA HOLDINGS LIMITED - Audited annual consolidated results and cash dividend declaration for the year ended 31 March 2024

Audited annual consolidated results and cash dividend declaration for the year ended 31 March 2024

Invicta Holdings Limited and its subsidiaries ("Invicta" or "the Company" or "the Group")
(Incorporated in the Republic of South Africa)
Registration number 1966/002182/06 | Share code: IVT | ISIN: ZAE000029773
Preference share code: IVTP | ISIN: ZAE000173399

To view the full announcement please visit our website at www.invictaholdings.co.za

Audited annual consolidated results and cash dividend declaration for the year ended 31 March 2024
                                  
                                                                                      31 March    31 March         %
FINANCIAL SUMMARY                                                                         2024        2023    Change
                                  
Shareholder's equity                                                         R'000   5 770 060   5 339 135         8
Revenue                                                                      R'000   8 278 977   7 769 948         7
Profit for the year                                                          R'000     584 117     587 245        (1)
                                  
Basic earnings per share                                                     cents         492         481         2
Headline earnings per share                                                  cents         470         488        (4)
Sustainable headline earnings per share*                                     cents         488         464         5
Net asset value per ordinary share                                           cents       5 250       4 634        13
Dividend per share                                                           cents         105         100         5

* Please refer to note 33 of the Annual Financial Statements for the computation of sustainable headline earnings per share.

The audited annual consolidated financial statements for the year ended 31 March 2024 ("AFS") have been audited by Ernst & Young Inc., 
who expressed an unmodified audit opinion.

This short-form announcement is the responsibility of the Directors and is only a summary of the information contained in the AFS 
and does not contain full or complete details. Any investment decisions should be based on the AFS available on the JSE cloudlink at 
https://senspdf.jse.co.za/documents/2024/jse/isse/IVT/YE2024.pdf and which is also available on our website www.invictaholdings.co.za.

Copies of the AFS may be requested from the company secretary at info@invictaholdings.co.za.

Ordinary share cash dividend
Notice is hereby given that the Directors of the Company have declared a gross cash dividend of 105.00000 cents per ordinary share for 
the year ended 31 March 2024. Dividends are to be paid out of distributable reserves. Dividend tax (DT) of 20% will be withheld in terms 
of the Income Tax Act for those shareholders who are not exempt from DT. In accordance with paragraphs 11.17(a) and 11.17(c) of the 
JSE Listings Requirements, the following additional information is disclosed:

  The gross local dividend amount is 105.00000 cents per ordinary share for shareholders exempt from the DT;
  The net local dividend amount is 84.00000 cents per ordinary share for shareholders liable to pay the DT;
  Invicta has 96 842 425 ordinary shares in issue; and
  Invicta's income tax reference number is 9400/012/03/6.

The salient dates for the ordinary share cash dividend are as follows:
                                                    
Last day of trade to receive a dividend                                                        Tuesday, 30 July 2024   
Shares commence trading "ex" dividend                                                        Wednesday, 31 July 2024   
Record date                                                                                    Friday, 2 August 2024   
Payment date                                                                                   Monday, 5 August 2024   
                                                    

Share certificates may not be dematerialised or rematerialised between Wednesday, 31 July 2024 and Friday, 2 August 2024,
both days inclusive.

By order of the board
            
STEVEN JOFFE                             NAZLEE RAJMOHAMED
Chief Executive Officer                  Group Financial Director

24 June 2024

Invicta Holdings Limited
Registered office:
3 Droste Crescent, Droste Park,
Johannesburg, Gauteng, 2094

Transfer secretaries:
Computershare Investor Services Proprietary Limited,
Rosebank Towers, 15 Biermann Avenue,
Rosebank, 2196

Directors:
Dr CH Wiese* (Chairman), S Joffe (CEO), C Barnard,
N Rajmohamed, LR Sherrell*, RA Wally^, Adv JD Wiese*,
PM Makwana^, I Van Heerden*, F Davidson^
* Non-executive   ^ Independent non-executive

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



Date: 24-06-2024 07:30:00
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.