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AH-VEST LIMITED - Unaudited Condensed Group Interim Financial Results for the Six Months Ended 31 December 2020

Release Date: 15/03/2021 14:33
Code(s): AHL     PDF:  
Wrap Text
Unaudited Condensed Group Interim Financial Results for the Six Months Ended 31 December 2020

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
(“AH-Vest” or “the company”)
Share code: AHL      ISIN code: ZAE000129177


SHORT-FORM ANNOUNCEMENT:
UNAUDITED CONDENSED GROUP INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS
ENDED 31 DECEMBER 2020


Salient Features
The Board of Directors of AH-Vest is pleased to present the salient features of the
Company’s results for the half year ended 31 December 2020. These salient features
have been extracted from the Unaudited Condensed Group Interim Financial Results
for the Six Months Ended 31 December 2020.

                                         Unaudited           Unaudited     Percentage
                                          6 Months            6 Months         Change
                                       31 Dec 2020         31 Dec 2019
                                                 R                   R
 Revenue                                93,018,439          93,124,573         (0.1)%
 Operating Profit                        9,339,087           6,762,553          38.1%
 Earnings per share                           5.41                3.51          54.1%
 Headline earnings per share                  5.41                3.51          54.1%
 Net asset value per share                   38.79               29.73          30.5%

Short-Form Announcement
The short-form announcement is the responsibility of the Directors of the Company. It is
only an extract of the information contained in the Unaudited Condensed Group
Interim Financial Results for the Six Months Ended 31 December 2020 (“Full
Announcement”) and does not contain full or complete details of the financial results.
The Full Announcement can be accessed by the following link:
https://senspdf.jse.co.za/documents/2021/JSE/ISSE/AHL/AHLHY21.pdf

Any investment decisions by investors and/or shareholders should be based on
consideration of the full announcement which stakeholders are encouraged to review.
The full announcement is also available on the Company’s website (www.alljoy.co.za).

Copies of the full announcement may be requested from the Company
(ChrisS@alljoy.co.za) or inspected at the registered office and/or the Designated
Advisors’ office, at no charge, during office hours.

Johannesburg
15 March 2021
Executive Directors: IE Darsot (Chairman); MNI Darsot (CEO); BI Darsot; SI Darsot;
R Darsot; C Sambaza
Non-Executive Directors: H Takolia*; MS Appelgryn*; JJ du Plooy* UC Speirs*
(*independent)
Registered address: 15 Misgund Road, Eikenhof, Johannesburg
Designated Advisor: AcaciaCap Advisors Proprietary Limited
Transfer Secretaries: Computershare Investor Services (Pty) Ltd
Company Secretary: Light Consulting Proprietary Limited


Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 15-03-2021 02:33:00
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