SFA_Unaudited Interim Results for the 6 months ended 31 August 2019 & Interim Dividend Declaration (No 10) NVEST FINANCIAL HOLDINGS LIMITED AND ITS SUBSIDIARIES (Incorporated in the Republic of South Africa) (Registration number 2008/015990/06) (“NVest” or “the Company” or “the Group”) ISIN Code: ZAE000199865 JSE Code: NVE SHORT FORM SENS ANNOUNCEMENT UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2019 AND INTERIM DIVIDEND DECLARATION (NUMBER 10) Salient Features Extracted from the reviewed provisional condensed consolidated financial statements: 31 August 2019 31 August 2018 Percentage Revenue 141 872 830 148 074 478 -4.19% Operating Profit 42 599 475 44 961 207 -5.25% Headline earnings per share 10.18 (cents) 10.91 (cents) -6.69% Earnings per share 10.18 (cents) 10.59 (cents) -3.87% Dividend 5.25 (cents) 5.50 (cents) -4.55% Net Asset Value Per Share 153.00 (cents) 143.68 (cents) 6.49% Short-Form Announcement The short-form announcement is the responsibility of the directors and is only a summary of information in the full announcement which is available on the company’s website (www.nvestholdings.co.za). This announcement does not contain full or complete details and any investment decisions by investors and/or shareholders should be based on consideration of the published SENS available on: https://senspdf.jse.co.za/documents/2019/JSE/ISSE/NVE/NVEFY19.pdf DIVIDEND DECLARATION The Board has declared an interim dividend (Number 10) of 5.25 cents per share, which amounts to 51.6% of headline earnings. The dividend is declared out of income reserves of the Group. The dividend will be subject to a dividend withholding tax rate of 20% or 1.05 cents per ordinary share. Shareholders, unless exempt or qualifying for a reduced withholding tax rate, will receive a net dividend of 4.20 cents per share. NVest’s tax reference number is 9053981180. The number of ordinary shares which will be eligible for the dividend at the declaration date is 302 741 722. The salient dates for the dividend will be as follows: 2019 Last date to trade “cum” dividend Tuesday, 3 December Shares commence trading ”ex” dividend Wednesday, 4 December Record date (date shareholders recorded in share register) Friday, 6 December Payment date Monday, 9 December Shareholders may not dematerialise or rematerialise their share certificates between Wednesday, 4 December 2019 and Friday, 6 December 2019, both dates inclusive. Copies of the full announcement may be requested from the Company (Brendan Connellan, brendanc@nvestholdings.co.za) or inspected at the registered office and/or the Designated Advisors’ office, at no charge, during office hours. Johannesburg 19 November 2019 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 19/11/2019 02:28:00 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.