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Abridged Audited Consolidated Results for the Year Ended 30 June 2021, Declaration of Cash Dividend, Distribution of
SILVERBRIDGE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1995/006315/06)
Share code: SVB ISIN: ZAE000086229
(“SilverBridge” or “the Company”)
ABRIDGED AUDITED CONSOLIDATED RESULTS FOR THE YEAR ENDED 30 JUNE 2021,
DECLARATION OF CASH DIVIDEND, DISTRIBUTION OF THE INTEGRATED ANNUAL REPORT,
NOTICE OF THE ANNUAL GENERAL MEETING AND RESIGNATION OF DIRECTOR
1. SALIENT FEATURES
Revenue increased by 7% to R96.5 million, from R90.4 million in the prior corresponding
period.
Headline earnings per share (“HEPS”) increased by 45% to 12.30 cents per share, from
8.49 cents per share in the prior corresponding period.
Earnings per share (“EPS”) increased by 42% to 12.35 cents per share, from 8.71 cents
per share in the prior corresponding period.
Dividends per share (“DPS”) increased to 5 cents per share, from 0 cents per share in the
prior corresponding period.
2. DIVIDEND DECLARATION
The directors have declared and approved a final gross dividend of 5 cents per share for
the year ended 30 June 2021 from income reserves.
The following dates will apply to the abovementioned final dividend:
Last day to trade cum dividend: Tuesday, 12 October 2021
Trading ex-dividend commences: Wednesday, 13 October 2021
Record date: Friday, 15 October 2021
Dividend payment date: Monday, 18 October 2021
Share certificates may not be dematerialised or re-materialised between Wednesday, 13
October 2021 and Friday, 15 October 2021, both days inclusive.
The dividend is made from income reserves and is subject to dividend withholding tax of
20% which results in a net dividend of 4 cents per share. In determining the dividends tax
(DT) of 20% to withhold in terms of the Income Tax Act (No. 58 of 1962) for those
shareholders who are not exempt from the DT, no secondary tax on companies (STC)
credits have been utilised. Shareholders who are not exempt from the DT will therefore
receive a dividend of (dividend multiplied by 80%) cents per share net of DT. The company
has 33 589 069 ordinary shares in issue as at 30 June 2021 and its income tax reference
number is 9841087647.
The above dates are subject to change. Any changes will be released on SENS. Where
applicable, dividends in respect of certificated shares will be transferred electronically to
shareholders` bank accounts on the payment date. In the absence of specific mandates,
dividend cheques will be posted to shareholders. Ordinary shareholders who hold
dematerialised shares will have their accounts at their CSDP or broker credited/updated
on Monday, 18 October 2021.
3. DISTRIBUTION OF INTEGRATED ANNUAL REPORT AND NOTICE OF THE ANNUAL
GENERAL MEETING
Shareholders of the Company (“Shareholders”) are hereby advised that the Company’s
integrated annual report (“Integrated Report”), incorporating the full audited consolidated
annual financial statements of the Company for the year ended 30 June 2021 (“Annual
Financial Statements”) and the notice of the annual general meeting of the Company
(“Notice of AGM”) was dispatched to Shareholders today, 27 September 2021.
The Integrated Report and the Annual Financial Statements will also be available on the
Company’s website, at the following link as from today, 27 September 2021:
https://www.silverbridge.co.za/investors/Investor_Presentation/FY2021.pdf
Notice is hereby given that the Annual General Meeting of the Company will be held at
11:00 on Thursday 28 October 2021, to transact the business as stated in the notice of
the Annual General Meeting, which is contained in the Integrated Annual Report to be
distributed on 27 September 2021.
The board of directors of SilverBridge (“the Board”) has determined that, in terms of
section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008),
the record date for the purposes of determining which shareholders of the Company are
entitled to participate in and vote at the Annual General Meeting is Friday, 22 October
2021. Accordingly, the last day to trade in SilverBridge shares in order to be recorded in
the Register to be entitled to vote at the Annual General Meeting will be Tuesday, 19
October 2021.
The Board has, in the circumstances, determined that it is necessary, prudent and
preferable that the AGM be held by way of electronic participation only, and not by way of
a physical meeting.
The AGM will accordingly only be accessible through electronic communication, as
permitted by the JSE and in accordance with the provisions of the Companies Act and
the Company’s memorandum of incorporation (“MOI”). The Company has retained the
services of The Meeting Specialist Proprietary Limited (“TMS”) to remotely host the AGM
on an interactive electronic platform, in order to facilitate remote participation and voting
by shareholders. TMS will also act as scrutineer for purposes of the AGM.
Shareholders who wish to participate electronically in and/or vote at the AGM are required
to contact TMS on proxy@tmsmeetings.co.za or alternatively contact them on +27 11 520
7950/1/2 as soon as possible, but in any event no later than 11:00 SA time on Tuesday,
26 October 2021. TMS will assist shareholders with the requirements for electronic
participation in, and/or voting at, the AGM
4. RESIGNATION OF DIRECTOR
In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board
of directors of the Company (“the Board”) wishes to advise that Tyrrel Murray, will resign as
an independent non-executive director of the Company after the upcoming AGM. The
effective date of Mr Murray’s resignation will therefore be Friday, 29 October 2021
The Board would like to thank Tyrrel for his valuable contribution to the Company and wishes
him well in his future endeavours.
5. 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/2021/JSE/ISSE/SVB/FY2021.pdf
Copies of the Full Announcement is also available for viewing on the Company’s website at
https://www.silverbridge.co.za/investors/Investor_Presentation/FY2021abridged.pdf or may be
requested in person, at the Company’s registered office or the office of the designated advisor,
at no charge, during office hours.
Any investment decisions by investors and/or shareholders should be based on consideration
of the Full Announcement, as a whole.
Pretoria
27 September 2021
Designated Advisor
PSG Capital
Date: 27-09-2021 01:00:00
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