Sharenet Sites 
Sharenet Sites
Unaudited Consolidated Interim Results for the six months ended 30 September 2024 and Declaration of Cash Dividend
FRONTIER TRANSPORT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: FTH
ISIN: ZAE000300505
("Frontier" or the "Company")
UNAUDITED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
AND DECLARATION OF CASH DIVIDEND
FINANCIAL HIGHLIGHTS
- Revenue: R1 479.315m, up 18.6% (September 2023: R1 247.316m)
- Headline earnings per share: 58.81 cents, up 0.5% (September 2023: 58.49 cents)
- Earnings per share: 60.01 cents, up 2.4% (September 2023: 58.58 cents)
- Net asset value: R1 490.010m, down 7.9% (September 2023: R1 618.377m)
- Ordinary cash dividends: 25.9 cents, up 7% (September 2023: 24.2 cents)
This short-form announcement is the responsibility of the directors. 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
Monday, 25 November 2024, via the JSE link and also available on the Company's website at
www.frontiertransport.co.za
Copies of the full announcement may also be requested at the Company's registered office during office
hours, at no charge.
The JSE link is as follows: https://senspdf.jse.co.za/documents/2024/jse/isse/FTHE/Interims.pdf
DECLARATION OF ORDINARY CASH DIVIDEND TO SHAREHOLDERS
The directors have approved and declared an interim ordinary dividend of 25.9 cents (gross) per
Frontier share for the six months ended 30 September 2024 from income reserves.
The salient dates for the payment of this dividend are as follows:
Announcement date Monday, 25 November 2024
Last day to trade cum dividend Tuesday, 10 December 2024
Commence trading ex-dividend Wednesday, 11 December 2024
Record date Friday, 13 December 2024
Payment date Tuesday, 17 December 2024
Share certificates may not be dematerialised or rematerialised between Wednesday, 11 December 2024
and Friday, 13 December 2024, both days inclusive.
In terms of legislation applicable to Dividends Tax ("DT") the following additional information is disclosed:
- The interim ordinary dividend shall constitute a "dividend" as defined in the Income Tax Act,
58 of 1962.
- The local DT rate is 20%.
- The number of ordinary shares in issue at the date of the declaration is 292 653 577.
- The DT amounts to 5.18000 cents per share for the interim ordinary dividend.
- The net local dividend amount is 20.72000 cents per share for the interim ordinary dividend for
all shareholders who are not exempt from DT.
- Frontier's income tax reference number is 9754/276/16/1.
In terms of DT legislation, any DT amount due will be withheld and paid over to the South African
Revenue Service by a nominee company, stockbroker or Central Securities Depository Participant
(collectively "regulated intermediary") on behalf of shareholders. All shareholders should declare their
status to their regulated intermediary as they may qualify for a reduced DT rate or exemption.
Cape Town
25 November 2024
Sponsor: Investec Bank Limited
Date: 25-11-2024 02:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
