Unaudited Interim Results for the six months ended 31 August 2021
VUNANI LIMITED
Incorporated in the Republic of South Africa
Registration number: 1997/020641/06
JSE code: VUN ISIN: ZAE000163382
Vunani" or "the company" or "the group"
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2021
- Revenue from continuing operations up 19% to R321.5 million
- Profit from continuing operations up 7% to R40.7 million
- HEPS and Earnings per share up 10% to 21.7 cents
- Interim dividend of 6.5 cents per share
Vunani's performance for the six-month period to 31 August 2021 has improved in comparison to
the prior period. The group generated total comprehensive income for the period of R40.4 million
(2020: R32.3 million), while total profit attributable to equity holders of the company amounted to
R34.9 million (2020: R31.6 million).
The group's reporting segments include fund management, asset administration, insurance,
investment banking (advisory services and institutional securities broking) and private equity (other
investments and commodities trading) which has been included under discontinued operations.
Dividend declared
Notice is hereby given that a gross ordinary dividend of 6.5 cents per share has been declared out of
income reserves on 6 October 2021 and are payable to ordinary shareholders in accordance with the
following timetable.
In terms of dividend tax effective since 1 April 2012, the following additional information is
disclosed:
The local Dividends Tax rate is 20%
161 155 915 shares are in issue
The gross ordinary dividend is 6.50000 cents per share for shareholders exempt from paying
Dividends Tax
The net ordinary dividend is 5.20000 cents per share for ordinary shareholders who are not exempt
from Dividends Tax
Vunani Limited's tax reference number is 9841003032
Timetable 2021
Declaration and finalisation date announcement Wednesday, 6 October
Last day to trade cum dividend Tuesday, 9 November
Shares commence trading ex-dividend Wednesday, 10 November
Record date Friday, 12 November
Dividend payment date Monday, 15 November
No dematerialisation or rematerialisation of shares will be allowed for the period from Wednesday,
10 November 2021 to Friday, 12 November 2021, both dates inclusive.
Changes to the board
After serving on the Vunani Limited board for eight years Dr XP Guma resigned from the board on
13 May 2021. The Company thanks Dr Guma, for his dedication and support throughout his tenure on
the Vunani board.
This short-form announcement is the responsibility of the directors and is only a summary of the
information in the full announcement and does not contain full or complete details. The full
announcement was released on SENS on 6 October 2021 and can be found on the company's
website at https://www.vunanilimited.co.za/investor-relations/financial-results/ and at
https://senspdf.jse.co.za/documents/2021/jse/isse/VUN/In2021.pdf
Copies of the full announcement may also be requested at the company's registered office, or the
office of the sponsor at no charge, during office hours.
Any investment decision should be based on the full announcement published on SENS and on the
company's website.
By order of the board
Butana Khoza and Tafadzwa Mika
CEO and CFO
6 October 2021
CORPORATE INFORMATION
Executive directors
BM Khoza (Chief executive officer)
T Mika (Chief financial officer)
E Dube (Executive deputy chairman)
NM Anderson
Non-executive directors
LI Jacobs - independent chairman
NS Mazwi - independent
G Nzalo - independent
JR Macey - independent
S Mthethwa
M Golding
Company secretary
CIS Company Secretaries Proprietary Limited
Sponsor
Grindrod Bank Limited
Financial communications adviser
Singular Systems Proprietary Limited
Transfer secretaries
Singular Systems Proprietary Limited
RESULTS PRESENTATION
Vunani will be hosting the interim results presentation by CEO Butana Khoza and CFO Tafadzwa
Mika, followed by a question and answer session on Monday, 11 October 2021, at 11:00 via a
web/audio cast. Shareholders and investors wishing to join the Vunani Interim Results
presentation should email IR@Singular.co.za for the link and relevant details.
Date: 06-10-2021 02:30:00
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.