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https://senspdf.jse.co.za/documents/2019/jse/isse/psg/PSGHY20.pdf
 
Unaudited Financial Results And Dividend Declaration For The Six Months Ended 31 August 2019
 
 
PSG GROUP LIMITED
 
(Incorporated in the Republic of South Africa)
 
(Registration number: 1970/008484/06)
 
JSE Limited (“JSE”) share code: PSG
 
ISIN code: ZAE000013017
 
(“PSG Group” or “the company”)
 
 
PSG FINANCIAL SERVICES LIMITED
 
(Incorporated in the Republic of South Africa)
 
(Registration number: 1919/000478/06)
 
JSE share code: PGFP
 
ISIN code: ZAE000096079
 
(“PSG Financial Services”)
 
 
 
UNAUDITED FINANCIAL RESULTS AND DIVIDEND DECLARATION FOR THE SIX
 
MONTHS ENDED 31 AUGUST 2019
 
 
 
1. SALIENT FEATURES
 
 
Recurring earnings per share increased by 16% to R5.84 (2018: R5.03).
 
 
Headline earnings per share increased by 12% to R5.68 (2018: R5.07).
 
 
Attributable earnings per share increased by 24% to R6.39 (2018: R5.16).
 
 
Profit before finance costs and taxation increased by 17% to R2.49bn (2018: R2.13bn).
 
 
Dividend per share increased by 8% to R1.64 (2018: R1.52).
 
 
At 31 August 2019, the sum-of-the-parts value per share was R259.56 (28 February 2019:
 
R311.45), whilst at 11 October 2019 it was R299.57.
 
 
2. ORDINARY DIVIDEND DECLARATION
 
 
Ordinary shares
 
 
The directors of the company have resolved to declare an interim gross ordinary dividend
 
of R1.64 (2018: R1.52) per share from income reserves for the six months ended
 
31 August 2019. The interim ordinary dividend amount, net of South African dividend tax
 
of 20%, is R1.312 (2018: R1.216) per share for those shareholders that are not exempt
 
from dividend tax. The number of ordinary shares in issue at the declaration date is
 
232 163 254, and the income tax number of the company is 9950080714.
 
 
The salient dates for this ordinary dividend distribution are:
 
 
Last day to trade cum dividend Tuesday, 5 November 2019
 
Trading ex-dividend commences Wednesday, 6 November 2019
 
Record date Friday, 8 November 2019
 
Payment date Monday, 11 November 2019
 
 
Share certificates may not be dematerialised or rematerialised between Wednesday,
 
6 November 2019, and Friday, 8 November 2019, both days inclusive.
 
 
Preference shares
 
 
The directors of PSG Financial Services declared a gross dividend of 428.07 cents per
 
share in respect of the cumulative, non-redeemable, non-participating preference shares
 
for the six months ended 31 August 2019, which was paid on Monday,
 
23 September 2019. The related detailed announcement was disseminated on the JSE’s
 
Stock Exchange News Service on Friday, 30 August 2019.
 
 
3. SHORT-FORM ANNOUNCEMENT
 
 
This short-form announcement is the responsibility of the directors of the company. It
 
contains only a summary of the information in the full announcement and does not contain
 
full or complete details. The full announcement can be found at:
 
 
https://senspdf.jse.co.za/documents/2019/JSE/ISSE/PSG/PSGHY20.pdf
 
 
The full announcement is also available for viewing on the company’s website at
 
http://www.psggroup.co.za/InterimReportAug2019.pdf or may be requested and obtained
 
in person, at no charge, at the registered office of the company or the company’s sponsor
 
during office hours.
 
 
Any investment decisions should be based on consideration of the full announcement.
 
 
4. WEBCAST
 
 
Shareholders are invited to join PSG Group’s interim results presentation via webcast at
 
10h30 on Wednesday, 16 October 2019, by registering at:
 
 
https://www.corpcam.com/PSG16102019
 
 
 
Stellenbosch
 
15 October 2019
 
 
Sponsor
 
PSG Capital
 
 
Date: 15/10/2019 02:18:00
 
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