Wrap Text
Release of Annual Report and Declaration of Dividend
DRA Global Limited
(Incorporated in Australia under the Corporations Act 2001 (Cth))
ACN 622 581 935
ASX / JSE Share Code: DRA
ISIN: AU0000155814
("DRA" or "the Company")
JSE Sponsor: Pallidus Exchange Services Proprietary Limited
ASX / JSE ANNOUNCEMENT
28 March 2024
Release of Annual Report and Declaration of Dividend
DRA Global Limited (DRA or the Company) today released its FY23 Annual Report, including audited
financial statements.
The Company is also pleased to announce a dividend of A$0.11 per share for the financial year ended 31
December 2023, the first dividend since listing on the ASX/JSE. The equivalent ZAR dividend is 136.3461
cents per share.
DRA's Board Chair Sam Randazzo said:
"I am delighted that the Board has been able to deliver a dividend to shareholders. Our ability to return
income to our shareholders is a direct reflection of the hard work over the past 18 months to stabilise the
business and improve our financial position. We remain committed to creating value for shareholders
through sustainable earnings growth and sound capital management."
The full timetable is as follows:
Key Date Explanation Planned Date
Board The date that the Board declared the dividend Wednesday, 27 March 2024
Approval
Last day to The last day to acquire shares in order to receive the Friday, 26 April 2024
trade dividend
Ex-dividend The date on which an investor trading on the JSE Monday, 29 April 2024
Date (JSE) will not be entitled to receive the dividend.
Ex-dividend The date before which an investor trading on the Wednesday 1 May 2024
Date (ASX) ASX must have purchased the stock to receive the
dividend.
Record Date The date that determines which shareholders are Thursday, 2 May 2024
(ASX and eligible to receive the dividend. Shareholders that
JSE) are registered on this date will be paid the dividend.
Payment The date that the dividend is paid to the Wednesday, 15 May 2024
Date (JSE) shareholders on the JSE register.
Payment The date that the dividend is paid to the Wednesday, 15 May 2024
Date (ASX) shareholders on the ASX register.
DRA shareholders registered on the South African branch register will not be able to transfer their holdings
to or from the South African branch register between 29 April 2024 and 2 May 2024 (both dates inclusive).
JSE SPECIFIC DISCLOSURES
The exchange rate applicable to the DRA dividend (denominated in Australian Dollars) was determined on
27 March 2024:
Dividend per ordinary share
Currency Exchange Rate
in South African cents
South African cents 12.3951 136.3461
The exchange rate used was the official opening rate provided by the Company's commercial bankers in
South Africa on 27 March 2024, being the date the Board resolved to declare the dividend.
1. South African dividend tax of 27.26922 South African cents per ordinary share will be withheld from
the amount of the gross final dividend of 136.3461 South African cents per ordinary share paid to
shareholders on the South African branch register at the rate of 20% unless a shareholder qualifies
for an exemption.
2. After the South African dividend tax has been withheld, the net dividend will be 109.07688 South
African cents per ordinary share.
3. Australia is the country of source of income, the dividend is regarded as 'foreign' for the purposes of
South African dividends tax.
4. DRA had a total of 55 041 597 ordinary shares on issue at the date of 28 March 2024, being the date
the dividend was announced.
5. The dividend will be paid out of retained earnings.
6. For the avoidance of doubt, South African dividend tax, and therefore the information provided in this
announcement, is of only direct application to shareholders on the South African branch register.
Shareholders on the South African branch register should direct any questions regarding the application of
the South African dividend tax to Computershare Investor Services online at www.computershare.com/za
or by calling +27 (0) 86 110 0950.
Holders of shares dematerialised into STRATE should contact their Central Security Depository Participant
(CSDP) or stockbroker.
Annual Report
Copies of the FY23 Annual Report, including the audited financial statement can be accessed, or requested
via direct message, under the investor section on the Company website at
http://www.draglobal.com/investors/ , or accessed at
https://www2.asx.com.au/markets/company/dra or
https://senspdf.jse.co.za/documents/2024/jse/isse/drae/FY23AR.pdf
The Company has a primary listing on the Official List of the ASX and has a secondary listing on the Main
Board of the Johannesburg Stock Exchange.
- ENDS -
This announcement was approved for release by the Board of Directors of DRA Global Limited.
For further information, please contact:
ASX / JSE ANNOUNCEMENT
Media enquiries: Investor queries: Shareholder administration:
Michael Vaughan Andrew Prior P: +61 8 6163 5900
Fivemark Partners Fivemark Partners shareholders@draglobal.com
M: +61 422 602 720 andrew.prior@fivemark.com.au
michael.vaughan@fivemark.com.au
About DRA Global Limited
DRA Global Limited (ASX: DRA | JSE: DRA) (DRA or the Company) is an international multi-disciplinary engineering, project delivery
and operations management group, focused on the mining, minerals and metals industry.
The Group has an extensive track record spanning almost four decades across a wide range of commodities. We have delivered
more than 8,000 projects, studies and managed services solutions, and currently operate more than a dozen sites through our
operations and maintenance division.
Our teams have deep expertise in the mining, minerals and metals processing industries, as well as related non-process infrastructure
such as water and energy sustainability solutions. We deliver comprehensive advisory, engineering and project delivery services
throughout the capital project lifecycle, from concept through to operational readiness and commissioning as well as ongoing
operations, maintenance and engineering services. We do this with a focus on sustainability and assisting clients to achieve their ESG
goals.
DRA covers all major mining centres with offices across Africa and the Middle East, North and South America, and the Asia-Pacific.
Physical Level 8, 256 Adelaide Terrace / Perth WA 6000 / Australia // Postal PO Box 3130 / East Perth WA 6892 / Australia
Telephone +61 (0)8 6163 5900 / info@draglobal.com // ACN 622 581 935 // ASX: DRA / JSE:DRA
draglobal.com
Date: 28-03-2024 08:15:00
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