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SYGNIA LIMITED - Financial Results for the Six Months Ended 31 March 2025 and Dividend Declaration

Release Date: 02/06/2025 13:10
Code(s): SYG     PDF:  
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Financial Results for the Six Months Ended 31 March 2025 and Dividend Declaration

Sygnia Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE and A2X: SYG
ISIN: ZAE000208815
General Segment
("Sygnia" or "the Company")

Financial results for the six months ended 31 March 2025 and dividend declaration.

1.   Highlights

•    Assets under management and administration of R405.6 billion as at 31 March 2025 (31 March 2024: R341.3 billion), up
     18.8%.
•    Revenue of R495.7 million (31 March 2024: R444.2 million), up 11.6%.
•    Profit after tax of R172.6 million (31 March 2024: R152.5 million), up 13.2%.
•    Headline earnings per share of 113.2 cents (31 March 2024: 100.7 cents), up 12.4% and diluted headline earnings per
     share of 111.9 cents (31 March 2024: 100.7 cents), up 13.0%.
•    Interim dividend per share of 98.0 cents (31 March 2024: 90.0 cents), up 8.9%.

2.   Interim dividend

A gross dividend of 98.0 cents per share was declared on 2 June 2025 out of retained income, resulting in a net dividend of 78.4
cents per share for shareholders after dividends tax (DT).

In compliance with the JSE listings requirements, the following dates are applicable:

Last day to trade: Tuesday, 24 June 2025
Shares trade ex-dividend: Wednesday, 25 June 2025
Record date: Friday, 27 June 2025
Payment date: Monday, 30 June 2025

Share certificates may not be dematerialised or rematerialized between Wednesday, 25 June 2025 and Friday, 27 June 2025,
both dates inclusive. Dividends declared after 31 March 2012 are subject to DT where applicable. In terms of DT, the following
additional information is disclosed:
•   The local DT rate is 20%;
•   The number of ordinary shares in issue at the date of this declaration is 152 030 696. Sygnia's tax reference number is
    9334/221/16/6.

3.   Short form announcement

The short form announcement is the responsibility of the directors and is only a summary of the information contained in the
consolidated interim financial statements. This announcement does not include the information required pursuant to paragraph
16A(j) of IAS 34. Any investment decisions by investors and/or shareholders should be based on consideration of the
consolidated financial statements on the Company's website (www.sygnia.co.za).
Copies of the consolidated interim financial statements are available on request by emailing investorrelations@sygnia.co.za or
the company's sponsor, JSESponsor@standardbank.co.za. The consolidated interim financial statements can be accessed
directly using the following JSE link:
https://senspdf.jse.co.za/documents/2025/jse/isse/syge/HY25.pdf

In addition, the full announcement is available for inspection, at no cost, at the registered office of the Company from Monday to
Friday between 08:00 and 17:00.

These consolidated interim financial statements have been reviewed by the Company's auditors, Forvis Mazars who expressed
an unmodified review conclusion thereon.

Cape Town
2 June 2025

Sponsor:
The Standard Bank of South Africa Limited




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Date: 02-06-2025 01:10:00
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