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MUSTEK LIMITED - Results For The Year Ended 30 June 2021 And Dividend Declaration

Release Date: 09/09/2021 08:30
Code(s): MST     PDF:  
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Results For The Year Ended 30 June 2021 And Dividend Declaration

Mustek Limited
Incorporated in the Republic of South Africa
Registration number: 1987/070161/06
JSE share code: MST 
ISIN: ZAE000012373 
"Mustek" or "the Group"

SHORT-FORM ANNOUNCEMENT: RESULTS FOR THE YEAR ENDED 30 JUNE 2021 AND DIVIDEND DECLARATION

- Revenue R8.04 billion up 25.6% (2020: R6.40 billion)
- Gross profit percentage increased to 14.8% (2020: 14.2%)
- Operating profit R472.46 million up 135.1% (2020: R200.96 million)
- Basic earnings per share 424.54 cents up 242.2% (2020: 124.05 cents)
- Headline earnings per share 441.81 cents up 247.5% (2020: 127.13 cents)
- Dividend per share 90 cents up 246.2% (2020: 26 cents)
- Net asset value per share 2 046.07 cents up 28.0% (2020: 1 598.08 cents)

The information has been extracted from the audited results for the year ended 30 June 2021. This announcement itself
has not been audited or reviewed.

This short-form announcement is the responsibility of the directors. The external auditors expressed an unmodified audit 
opinion on the consolidated financial statements in their report dated 8 September 2021. That report also includes the 
communication of key audit matters. It is only a summary of the information contained in the full announcement and does 
not contain full or complete details. Any investment decision should be based on the full announcement, which can be 
accessed from Thursday, 9 September 2021, using the following 
JSE link:https://senspdf.jse.co.za/documents/2021/jse/isse/MST/FY21.pdf

Alternatively, the full announcement, the independent auditors report and the audited financial statements are
available on our website at https://mustek.co.za/financial/

The full announcement is available for inspection at Mustek's registered office on weekdays from 09:00 to 16:00, and
copies thereof may be requested free of charge at ltd@mustek.co.za.

Dividend declaration

Notice is hereby given that a final dividend of 90 cents per ordinary share for the year ended 30 June 2021 is
declared, payable to shareholders recorded in the books of the company at the close of business on the record date
appearing below. This dividend is declared out of income reserves. The company's income tax reference number is
9550081716 and the company has 66 000 000 ordinary shares in issue and ranking for dividend at the date of this
declaration. The South African dividend tax rate is 20% resulting in a net dividend of 72.00000 cents per share 
to shareholders who are not tax exempt.

The salient dates applicable to the final dividend are as follows:
Last day of trade cum dividend             Tuesday, 5 October 2021
First day to trade ex dividend           Wednesday, 6 October 2021
Record date                                 Friday, 8 October 2021
Payment date                               Monday, 11 October 2021

No share certificates may be dematerialised or rematerialised between Wednesday, 6 October 2021 and 
Friday, 8 October 2021, both days inclusive.

For and on behalf of the Board of directors

David Kan                                          Neels Coetzee CA(SA)
Chief executive officer                            Financial director

9 September 2021
Midrand

Company secretary: Sirkien van Schalkwyk
                   Block B, Office 103, Elarduspark Shopping Centre
                   837 Barnard Street, Elarduspark, 0181
                   PO Box 4896, Rietvalleirand, 0174 
                   Telephone: +27 (0) 12 751 6000

Transfer secretaries: Computershare Investor Services Proprietary Limited
                      Rosebank Towers, 15 Biermann Avenue, Rosebank, Johannesburg, 2196, South Africa
                      Private Bag X9000, Saxonwold, 2132 
                      Telephone: +27 (0) 11 370 5000

Registered office: 322 15th Road, Randjespark, Midrand, 1685

Postal address: PO Box 1638, Parklands, 2121

Contact numbers: Telephone: +27 (0) 11 237 1000 
                 Facsimile: +27 (0) 11 314 5039  

Email: ltd@mustek.co.za

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

www.mustek.co.za
Date: 09-09-2021 08:30:00
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