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Unaudited and unreviewed interim results and dividend declaration for the 6 months ended 30 September 2024
ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
("Argent" or "the company")
UNAUDITED AND UNREVIEWED INTERIM CONSOLIDATED RESULTS AND DIVIDEND
DECLARATION FOR THE 6 MONTHS ENDED 30 SEPTEMBER 2024
SUMMARISED GROUP FINANCIAL 30 Sep 2024 30 Sep 2023 % change
INFORMATION
Income statement
Revenue R 000 1,264,427 1,307,477 -3.3%
EBITDA R 000 203,013 199,065 2.0%
Operating profit R 000 175,418 172,540 1.7%
Profit for the period R 000 130,466 129,603 0.7%
Statement of financial position
Total assets R 000 2,594,235 2,291,832 13.2%
Total liabilities R 000 786,037 671,398 17.1%
Total shareholders' funds R 000 1,808,198 1,620,434 11.6%
Net asset value per share cents 3,265.9 2,879.2 13.4%
Shares in issue
Weighted average 000 54,431 55,571 -2.1%
Diluted weighted average 000 54,431 55,571 -2.1%
Earnings and dividends per share
Basic earnings per share cents 231.7 224.2 3.4%
Diluted earnings per share cents 231.7 224.2 3.4%
Headline earnings per share cents 231.0 222.7 3.7%
Diluted headline earnings per share cents 231.0 222.7 3.7%
Dividends per share cents 60.0 55.0 9.1%
DIVIDEND DECLARATION
The directors of the company have declared and approved an interim gross dividend of 60 cents per
share for the six-month period ended 30 September 2024 from income reserves.
The following dates will apply to the abovementioned interim dividend:
Publication of declaration data: Wednesday, 27 November 2024
Last day to trade cum dividend: Tuesday, 21 January 2025
Trading ex-dividend commences: Wednesday, 22 January 2025
Record date: Friday, 24 January 2025
Dividend payment date: Monday, 27 January 2025
Share certificates may not be dematerialised or re-materialised between Wednesday, 22 January 2025
and Friday, 24 January 2025, both days inclusive.
In determining the dividends tax of 20% to be withheld in terms of the Income Tax Act (No 58 of 1962),
those shareholders who are not exempt from the dividend tax will therefore receive a dividend of
48 cents per share net of dividend tax. The company has 54 430 980 ordinary shares in issue as at
27 November 2024 and its income tax reference number is 9096/002/71/3.
Ordinary shareholders who hold dematerialised shares will have their accounts at their CSDP or broker
credited/updated on Monday, 27 January 2025.
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 ("Full Announcement") and does not contain full
or complete details. The Full Announcement can be found at:
https://senspdf.jse.co.za/documents/2024/JSE/ISSE/ART/INTERIMS.pdf.
Any investment decisions by investors and/or shareholders should be based on consideration of the
Full Announcement, as a whole.
Copies of the full announcement are available for viewing on the company's website at:
https://argent.co.za/wp-content/uploads/2024/11/Interim-Results-Sep-2024.pdf.
Umhlanga
27 November 2024
Sponsor
PSG Capital
Date: 27-11-2024 10:36:00
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