NICTUS LIMITED - Audited financial statements for the year ended 31 March 2024, availability of annual report and notice of AGM

Audited financial statements for the year ended 31 March 2024, availability of annual report and notice of AGM

Nictus Limited
Incorporated in the Republic of South Africa
Registration number: 1981/011858/06
ISIN: NA0009123481
JSE share code: NCS
("Nictus" or the "Company" or the "Group")

AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024, AVAILABILITY OF THE INTEGRATED ANNUAL REPORT AND NOTICE OF
ANNUAL GENERAL MEETING

KEY FEATURES

    -    Group total assets increased by 27.82% to R621.7 million (2023: R486.4 million) *
    -    Group total revenue decreased by 5.10% to R35.2 million (2023: R37.0 million) *
    -    Headline earnings per share increased by 67.43% to 20.46 cents (2023: 12.22 cents) *
    -    Earnings per share increased by 66.02% to 20.47 cents (2023: 12.33 cents) *
    -    Group profit for the year increased by 65.99% to R10.9 million (2023: R6.6 million) *
    -    Dividend per share declared increased by 20.00% to 6.00 cents (2023: 5.00 cents) #

* Comparative information was restated for the initial adoption of IFRS 17. Refer to note 17.1 to the audited
consolidated annual financial statements for additional information.
# A separate announcement will be published on SENS today, containing pertinent details of the final dividend for the

year ended 31 March 2024.

ABOUT THIS ANNOUNCEMENT

As the information in this announcement does not provide all of the details, any investment decisions by
investors and/or Nictus shareholders ("Shareholders") should be based on the audited consolidated
annual financial statements for the year ended 31 March 2024 ("AFS") published on the Company's
website at https://nictuslimited.co.za/wp-content/uploads/2024/06/Nictus-Limited_IAR-2024.pdf and
accessible                via            the              JSE                  cloudlink              at:
https://senspdf.jse.co.za/documents/2024/JSE/ISSE/NCS/AFS_2024.pdf.

The AFS have been audited by PricewaterhouseCoopers Inc., who expressed an unmodified audit opinion
thereon.

AVAILABILITY OF THE INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL
MEETING

The Company's integrated annual report, which contains, inter alia, the additional information required in
terms of paragraph 8.62 of the JSE Limited Listings Requirements and a notice convening the annual
general meeting of Shareholders for the year ended 31 March 2024 ("AGM"), is available on the
Company's website at: https://nictuslimited.co.za/wp-content/uploads/2024/06/Nictus-Limited_IAR-
2024.pdf.

The AGM will be held on Thursday, 29 August 2024 at 12:00, entirely by way of electronic participation
and Shareholders are encouraged to read the notice of AGM for the information on how to electronically
attend, participate in and vote at the AGM.

The notice of AGM and the summarised version of the AFS will be posted to Shareholders today,
28 June 2024, and will also be available on the Company's website at: https://nictuslimited.co.za/wp-
content/uploads/2024/06/Nictus-Limited_Summarised-Financial-Statements-2024.pdf.

The record date for purposes of determining the Shareholders entitled to receive the notice of AGM is
Friday, 21 June 2024. The record date for purposes of determining which Shareholders are entitled to
electronically attend, participate in and vote at the AGM is Friday, 23 August 2024. Accordingly, the last
day to trade in the Company's shares on the JSE in order to be eligible to electronically attend, participate
in and vote at the AGM is Tuesday, 20 August 2024.


Bryanston
28 June 2024

Sponsor
One Capital

Directors
Professor Barend J Willemse (Independent non-executive chairperson)
Gerard R de V Tromp (Executive Group managing director)
Eckhart H Prozesky (Executive Group financial director)
Philippus J de W Tromp (Non-executive director)
Sarita Martin (Independent non-executive director)
Cornelius J de Vrye (Independent non-executive director)

Company secretary
Veritas Eksekuteurskamer Proprietary Limited
Registration number: 1984/007487/07
Block C, 1st floor
The Main Straight Office Park
392 Main Road, Bryanston, 2191
South Africa

PO Box 2878
Randburg, 2125
South Africa

JSE Sponsor
One Capital Sponsor Services Proprietary Limited
17 Fricker Road
Illovo, Sandton, 2196
South Africa

Registered office of the Company
Head office
Block C, 1st floor
The Main Straight Office Park
392 Main Road, Bryanston, 2191
South Africa

PO Box 2878
Randburg, 2125
South Africa

Windhoek office
1st floor, Nictus Building
140 Mandume Ndemufayo Avenue
Windhoek, Namibia

Private Bag 13231
Windhoek, Namibia

Auditor and reporting accountant
PricewaterhouseCoopers Inc.
4 Lisbon Lane, Waterfall City
Juskei View, 2090

Private Bag X36
Sunninghill, 2157
South Africa

www.nictuslimited.co.za

Date: 28-06-2024 09:00:00
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