Invicta Holdings Limited and its subsidiaries
(Incorporated in the Republic of South Africa)
Registration number 1966/002182/06
Share code: IVT | ISIN: ZAE000029773
Preference share code: IVTP | ISIN: ZAE000173399
("Invicta" or "the Company" or "the Group")


To view the full announcement please visit our website at www.invictaholdings.co.za


Audited annual consolidated results for the year ended 31 March 2022

                                                                                            31 March
FINANCIAL SUMMARY                                                                    2022              2021        % Change
Shareholder's Equity                                                   R'000    4 692 685         4 726 088            (0.7)
Revenue                                                                R'000    7 188 991         6 251 484              15
Profit for the period from continuing operations                       R'000      520 816           296 839            75.5
Profit for the period                                                  R'000      906 146           376 072             141
Basic earnings per share from continuing operations                    cents          408               212            92.5
Basic earnings per share                                               cents          764               285           168.1
Headline earnings per share from continuing operations                 cents          343               172            99.4
Headline earnings per share                                            cents          330               316             4.4
Net asset value per ordinary share                                     cents        3 765             3 566             5.6
Dividend per share                                                     cents           90                60              50

The audited annual consolidated financial statements have been audited by Ernst & Young Inc., who expressed an
unmodified audit opinion. A copy of the auditor's report including the key audit matters is available for inspection at
the Company's registered office, together with the financial statements identified in the auditor's report, as well as
on the Company's website at www.invictaholdings.co.za

This short-form announcement is the responsibility of the directors and is only a summary of the information in the full
announcement and does not contain full or complete details. Any investment decisions should be based on the full
announcement that has been published on SENS at https://senspdf.jse.co.za/documents/2022/jse/isse/IVT/YE2022.pdf
and is also available on our website www.invictaholdings.co.za.

Copies of the full announcement may be requested from the company secretary at info@invictaholdings.co.za.

Ordinary share cash dividend

Notice is hereby given that the Directors of the Company have declared a gross cash dividend of 90 cents per
ordinary share for the year ended 31 March 2022. Dividends are to be paid out of distributable reserves. Dividend
tax (DT) of 20% will be withheld in terms of the Income Tax Act for those shareholders who are not exempt from
DT. In accordance with paragraphs 11.17(1)(i) and 11.17(c) of the JSE Listings Requirements, the following additional
information is disclosed:

 -   The gross local dividend amount is 90 cents per ordinary share for shareholders exempt from the Dividend Tax;
 -   The net local dividend amount is 72 cents per ordinary share for shareholders liable to pay the Dividend Tax;
 -   Invicta Holdings Limited has 104 727 070 ordinary shares in issue; and
 -   Invicta Holdings Limited's income tax reference number is 9400/012/03/06.

The salient dates for the ordinary share cash dividend will be as follows:

Last day of trade to receive a dividend                                                          Tuesday,    2   August   2022
Shares commence trading "ex" dividend                                                          Wednesday,    3   August   2022
Record date                                                                                       Friday,    5   August   2022
Payment date                                                                                      Monday,    8   August   2022
Share certificates may not be dematerialised or rematerialised between Wednesday, 3 August 2022 and
Friday, 5 August 2022, both days inclusive.

By order of the board

STEVEN JOFFE                                                               NAZLEE RAJMOHAMED
Chief Executive Officer                                                    Group Financial Director

Approval: 23 June 2022     Release: 27 June 2022

Invicta Holdings Limited
Registered office:
3 Droste Cresent, Droste Park,
Johannesburg, Gauteng, 2094

Transfer secretaries:
Computershare Investor Services Proprietary Limited,
Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196

Directors:
Dr CH Wiese* (Chairman), S Joffe (CEO), C Barnard,
GM Pelser, N Rajmohamed, LR Sherrell*, AM Sinclair,
RA Wally^, Adv JD Wiese*, PM Makwana^,
I Van Heerden*, F Davidson^

* Non-executive   ^ Independent non-executive

Sponsor:
Nedbank Corporate and Investment Banking, a division of Nedbank Limited