To view the PDF file, sign up for a MySharenet subscription.

EXXARO RESOURCES LIMITED - EXX - Reviewed Interim Financial Results: six month period ended 30 June 2019, Interim Dividend and Special Dividend

Release Date: 22/08/2019 07:05
Code(s): EXX     PDF:  
Wrap Text
EXX - Reviewed Interim Financial Results: six month period ended 30 June 2019, Interim Dividend and Special Dividend

Exxaro Resources Limited
Registration number: 2000/011076/06
JSE share code: EXX
ISIN: ZAE000084992
ADR code: EXXAY
(“Exxaro” or the “Company”)

REVIEWED INTERIM FINANCIAL RESULTS
for the six-month period ended 30 June 2019, Interim Dividend and Special Dividend

Revenue of R12 billion, down 2%
Net operating profit of R2.4 billion, down 24%
AEPS of 2 589 cents, up 104%
HEPS of 1 730 cents, up 42%
Interim dividend of 864 cents per share, up 334 cents per share
Special dividend of 897 cents per share

Exxaro, a large South African-based diversified resources group, with interests in the coal, TiO2, ferrous
and energy markets released its results for the six-month period ended 30 June 2019.

This short-form announcement is the responsibility of the directors and is only a summary of the information
in the full announcement. Any investment decision should be based on the full announcement.

The full announcement can be found on the company’s website at
https://www.exxaro.com/investor/financialresults/interim-2019/index.php
and on the JSE website at https://senspdf.jse.co.za/documents/2019/jse/isse/EXX/Interim19.pdf.

Copies of the full announcement may also be requested at the company’s registered office, at no charge,
during office hours.

In line with the company’s dividend policy, Exxaro has declared an interim dividend of 864 cents per share
which was approved by the board of directors on 20 August 2019 and is payable on 14 October 2019 to
shareholders who will be on the register on 11 October 2019. The interim dividend is subject to dividend
withholding tax at a rate of 20% for all shareholders who are not exempt from or do not qualify for a reduced
rate of dividend withholding tax (net local dividend amounts to 691.2 cents per share).

Salient dates for the payment of the interim dividend are:
Last day to trade cum dividend on the JSE                          Tuesday, 8 October 2019
First trading day ex dividend on the JSE                           Wednesday, 9 October 2019
Record date                                                        Friday, 11 October 2019
Payment date                                                       Monday, 14 October 2019

No share certificates may be dematerialised or rematerialised between Wednesday, 9 October 2019 and
Friday, 11 October 2019, both days inclusive.

Following the partial disposal of Exxaro’s shareholding in Tronox Holdings plc (as approved by the Financial
Surveillance Department of the South African Reserve Bank) and the redemption of the membership
interest in Tronox UK, a special dividend of 897 cents per share was approved by the board of directors on
20 August 2019. The special dividend is payable on 14 October 2019 to shareholders who will be on the
register on 11 October 2019. The special dividend is subject to dividend withholding tax at a rate of 20%
for all shareholders who are not exempt from or do not qualify for a reduced rate of dividend withholding
tax (net local dividend amounts to 717.6 cents per share).

Salient dates for the payment of the special dividend are:
Last day to trade cum dividend on the JSE                         Tuesday, 8 October 2019
First trading day ex dividend on the JSE                          Wednesday, 9 October 2019
Record date                                                       Friday, 11 October 2019
Payment date                                                      Monday, 14 October 2019

No share certificates may be dematerialised or rematerialised between Wednesday, 9 October 2019 and
Friday, 11 October 2019, both days inclusive.

The number of ordinary shares in issue as at the date of this declaration is 358 706 754. Exxaro’s company
tax reference number is 9218/098/14/4

By order of the board

Jeff van Rooyen
Chairman
22 August 2019

 Executive directors                                   Registered office
 MDM Mgojo (chief executive officer)                   263B West Avenue, Die Hoewes, Centurion
 PA Koppeschaar (finance director)
                                                       www. exxaro.com
 Non-executive directors
 D Mashile-Nkosi                                       Sponsor
 L Mbatha                                              Absa Bank Limited (acting through its Corporate and
 VZ Mntambo                                            Investment Banking Division)

 Independent non-executive directors                   Company secretary
 J van Rooyen (chairman)                               SE van Loggerenberg
 GJ Fraser-Moleketi (lead independent director)
 MW Hlahla                                             Transfer secretaries
 MJ Moffett                                            Computershare Investor Services Proprietary Limited
 LI Mophatlane                                         Rosebank Towers, 13 Biermann Avenue, Rosebank
 EJ Myburgh
 V Nkonyeni
 A Sing
 PCCH Snyders

Date: 22/08/2019 07:05:00
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.

Share This Story