NVEST FINANCIAL HOLDINGS LIMITED - Extract from Consolidated Audited Results for the Year Ended 28 February 2021 & Dividend Declaration No 13

Extract from  Consolidated Audited Results for the Year Ended 28 February 2021 & Dividend Declaration No 13

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

EXTRACT FROM CONSOLIDATED AUDITED RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2021 AND
DIVIDEND DECLARATION (NUMBER 13)

Salient Features

Extracted from the consolidated financial statements:

                                                  28 February       29 February        Percentage
                                                         2021              2020            change
 Revenue                                          276 231 497       310 185 831            10.95%
 Operating Profit                                  79 709 345        89 419 417            10.86%
 Headline earnings per share (cents)              20.04 cents       21.30 cents             5.92%
 Earnings per share (cents)                       20.71 cents       21.62 cents             4.21%
 Dividend (cents per share)                       11.50 cents       11.75 cents             2.13%
 Net Asset Value per share (cents)               166.09 cents      159.60 cents             4.07%

Short-Form Announcement

The short-form announcement is the responsibility of the directors and is only a summary of
information set out 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 full announcement published on SENS available on:

https://senspdf.jse.co.za/documents/2021/JSE/ISSE/NVE/NVEAR21.pdf

DIVIDEND DECLARATION

The Board has declared a final gross dividend (Number 13) of 6.00 cents per share. The dividend
is declared out of income reserves. The dividend will be subject to a dividend withholding tax rate
of 20% or 1.20 cents per ordinary share. Shareholders, unless exempt or qualifying for a reduced
withholding tax rate, will receive a net dividend of 4.80 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
303 241 722. The salient dates for the dividend will be as follows:

                                                                                             2021
 Last date to trade “cum? dividend                                                Monday, 14 June
 Shares commence trading ”ex” dividend                                           Tuesday, 15 June
 Record date (date shareholders recorded in share register)                       Friday, 18 June
 Payment date                                                                     Monday, 21 June

Shareholders may not dematerialise or rematerialise their share certificates between Tuesday,
15 June 2021 and Friday, 18 June 2021, 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
31 May 2021

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 31-05-2021 08:20:00
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