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Reviewed condensed consolidated financial results for 14 months ended 29 February 2024, declaration of cash dividend
4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2022/852017/06)
ISIN Code: ZAE000324059 JSE Code: 4SI
("4Sight" or "the Company" or "the Group")
SHORT FORM ANNOUNCEMENT: REVIEWED CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE FOURTEEN MONTHS ENDED
29 FEBRUARY 2024 AND DECLARATION OF ORDINARY CASH DIVIDEND
HIGHLIGHTS
Reviewed for the Audited for the
fourteen months twelve months
Unit ended ended
29 February 31 December
2024 2022 % change
Revenue Rand 1 097 787 948 696 008 554 57.7%
Operating profit Rand 39 040 785 22 075 612 76.9%
Headline earnings per share Cents 6.037 2.379 153.8%
Earnings per share Cents 6.036 2.378 153.8%
Dividend per share Cents 5.000 - >100.0%
4Sight, a global pioneer in diversified technology, has effectively actualised its strategic vision of Enterprise
Digital Transformation, with a focus on achieving Enterprise 5.0. This has been accomplished by seamlessly
merging Operational Technologies (OT) and Information Technology (IT) with the Business Environment (BE).
The aim is to harness the power of Artificial Intelligence (AI) to enhance productivity and transform the way
of work across various industries and sectors. Through its robust Channel Partner (CP) network, 4Sight has
expanded its influence in Africa and the Middle East, providing state-of-the-art technological services and
solutions to over 900 partners. The four distinct clusters within 4Sight have focused on catering to the unique
requirements of their respective industries and cross collaboration to the benefit of its partners and customers
to deliver complete end-to-end solutions. They have achieved this by developing innovative IP solutions,
either enhancing existing OEM solutions or supporting the creation of new ones, all while leveraging their
profound domain expertise. This approach has fuelled and sustained remarkable growth throughout the
organisation.
Moving forward, 4Sight will continue to build out its strategy, with a particular emphasis on leveraging Artificial
Intelligence (AI) to strengthen its offerings. This strategic direction underscores 4Sight's commitment to
remaining at the forefront of technological innovation, ensuring that it continues to deliver cutting-edge
solutions that meet the evolving needs of its partners, customers, and the industries it serves.
DIVIDEND
The Board has declared a final ordinary gross cash dividend of 2.5 cents per ordinary share payable from
income in respect of the eight months ended 29 February 2024 (the "Final Dividend"). When taken together
with the interim dividend for the period ended 30 June 2024, this equates to a total distribution of 5.0 cents
per ordinary share for the fourteen months ended 29 February 2024.
The Board has confirmed by resolution that the solvency and liquidity test as contemplated by the Companies
Act No. 71 of 2008 as amended, has been duly considered, applied, and satisfied. This is a dividend as defined
in the Income Tax Act No. 58 of 1962 and is payable from income reserves.
The number of ordinary shares in issue at the date of this declaration is 534 334 631 (including 825 000 treasury
shares held by the Group). The Final Dividend is subject to local dividends tax of 20% for those shareholders to
whom local dividends tax is applicable. The resultant net interim dividend amount is 2.0 cents per share for
those shareholders subject to local dividends tax, and 2.5 cents per share for those shareholders not subject
to local dividends tax. The Company's tax reference number is 9883271182.
The salient dates applicable to the Final Dividend are as follows:
Last day to trade cum dividend Tuesday, 18 June 2024
Shares trade ex-dividend Wednesday, 19 June 2024
Record date Friday, 21 June 2024
Payment date Monday, 24 June 2024
Share certificates may not be dematerialised or materialised between Wednesday, 19 June 2024 and Friday,
21 June 2024, both dates inclusive.
REVIEW CONCLUSION
The auditor, Nexia SAB&T, has issued an unmodified review report on the reviewed condensed consolidated
financial results for the fourteen months ended 29 February 2024. Copies of the auditor's report will be made
available for inspection at the Company's registered office during office hours.
SHORT FORM ANNOUNCEMENT
This short form announcement is the responsibility of the directors and is only a summary of the full
announcement released on SENS on 24 May 2024.
This short form announcement does not contain full or complete details pertaining to the Company's results
Any investment decisions by investors and/or shareholders should therefore be based on consideration of the
full announcement which may be downloaded from the Company's website at www.4sight.cloud and may
be viewed at the registered offices of the Company and of the designated advisor, or is available
electronically on request from investors@4sight.cloud, at no charge, during normal business hours for a period
of 30 days after the release of this announcement. The full announcement is also available on the JSE's
website at https://senspdf.jse.co.za/documents/2024/jse/isse/4SIE/FY2024.pdf
24 May 2024
Executive Directors Independent Non-Executive Directors
Tertius Zitzke (Chief Executive Officer) Kamil Patel (Chairperson)
Eric van der Merwe (Financial Director) Andrew Murgatroyd (Audit and Risk Committee
Chairperson)
Christopher Crowe (Remuneration and Nominations
Committee Chairperson)
Marichen Mortimer (Social and Ethics Committee
Chairperson)
Johan Nel
Douglas Ramaphosa
Company Secretary Designated Advisor
Ian Cronje Java Capital Trustees and Sponsors (Pty) Ltd
Transfer Secretaries Website
JSE Investor Services (Pty) Ltd http://www.4sight.cloud
Date: 24-05-2024 03:32:00
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