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4SIGHT HOLDINGS LIMITED - Unaudited consolidated interim financial results for the six months ended 30 June 2023, declaration of cash dividend

Release Date: 14/08/2023 10:45
Code(s): 4SI     PDF:  
Wrap Text
Unaudited consolidated interim financial results for the six months ended 30 June 2023, declaration of cash dividend

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2022/852017/06)
JSE share code: 4SI ISIN: MU0557S00001
("4Sight" or "the Company" or "the Group")


SHORT FORM ANNOUNCEMENT: UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 
30 JUNE 2023 AND DECLARATION OF ORDINARY CASH DIVIDEND


HIGHLIGHTS

                                  Unit                30 June 2023          30 June 2022             % change
 Revenue                          Rand                 451 298 121           329 180 056                37.1%
 Operating profit                 Rand                  26 759 224            12 100 396               121.1%
 Headline earnings per share      Cents                      3.828                 1.288               197.2%
 Earnings per share               Cents                      3.828                 1.287               197.4%
 Dividend per share               Cents                      2.500                     -              >100.0%

4Sight is a public company listed on the JSE AltX (ticker: 4SI) incorporated on 28 June 2017, specifically for the
listing of the Group on 19 October 2017.

As a multinational diversified technology group, 4Sight continued to execute on its defined strategy of Digital
Transformation for Businesses, with the convergence of the Operational Technologies (OT) and Information
Technology (IT) worlds with the Business Environment (BE) to ultimately reach the Artificial Intelligence (AI) aim
of enhancing productivity for all. Channel Partner (CP) serves as the conduit for 4Sight's presence in Africa
and the Middle East, extending its reach to more than 800 partners. These partners receive 4Sight's
technological services and solutions through this channel. The 4 Clusters' core focus is on targeted industries
and their own IP solutions while bolstering delivery with deep domain skills, thus enabling and sustaining
significant growth.

DIVIDEND

The Board has declared an interim ordinary gross cash dividend of 2.5 cents (HY2022: Nil) per ordinary share
payable from income in respect of prior periods and the six months ended 30 June 2023.

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 gross 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 for the six
months ended 30 June 2023 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 for the interim dividend are as follows:

Last day to trade cum dividend                 Tuesday, 12 September 2023
Shares trade ex-dividend                       Wednesday, 13 September 2023
Record date                                    Friday, 15 September 2023
Payment date                                   Monday, 18 September 2023

Share certificates may not be dematerialised or materialised between Wednesday, 13 September 2023 and
Friday, 15 September 2023, both dates inclusive.

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 14 August 2023.

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/2023/jse/isse/4SIE/HY2023.pdf

14 August 2023

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 and Registered Office                Designated Advisor
Tracy Short C/o 4Sight House, 28 Roos Street,          Java Capital Trustees and Sponsors (Pty) Ltd
Fourways, Gauteng, South Africa, 2191

Transfer Secretaries                                   WEBSITE
JSE Investor Services (Pty) Ltd                        www.4sight.cloud

Date: 14-08-2023 10:45:00
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