Try our mobile app

Summarised Consolidated Results for the Year Ended 30 June 2022

Published: 2022-09-14 17:26:16 ET
<<<  go to JSE:SVB company page
SILVERBRIDGE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1995/006315/06)
Share code: SVB ISIN: ZAE000086229
(“SilverBridge” or “the Company”)


SUMMARISED CONSOLIDATED RESULTS FOR THE YEAR ENDED 30 JUNE 2022



1.   SALIENT FEATURES

     Revenue increased by 10% to R105.9 million, from R96.5 million in the prior
     corresponding period.

     Headline earnings per share (“HEPS”) decreased by 31% to 8.48 cents per share, from
     12.30 cents per share in the prior corresponding period.

     Earnings per share (“EPS”) decreased by 26% to 9.16 cents per share, from 12.35 cents
     per share in the prior corresponding period.

     The board of directors (“Board”) has elected to not declare a dividend for the year ending
     30 June 2022 (2021: 5 cents per share).

2.   CHANGES TO THE BOARD OF DIRECTORS

     In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the Board
     wishes to advise that Ms. Lulama Booi has resigned as an independent non-executive
     director with effect from 7 September 2022. Mr. Albert Geldenhuys has been appointed as
     a non-executive director with effect from 7 September 2022.

     The Board would like to thank Ms. Booi for her valuable contribution to the Company and
     wishes her all the best in her future endeavours. Furthermore, the Board would like to
     welcome Mr. Geldenhuys to the Board.

3.   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/2022/JSE/ISSE/SVB/FY2022.pdf

     A copy of the Full Announcement is also available for viewing on the Company’s website
     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. The Full Announcement can be
     found at:
     https://www.silverbridge.co.za/investors/Investor_Presentation/FY2022summarised.pdf

     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Full Announcement, as a whole.
    This short-form announcement has been extracted from the summarised consolidated
    annual financial results, which, in turn, have been extracted from the full set of audited
    consolidated annual financial statements (“AFS”). The AFS have been audited by the
    Company’s auditors, Mahdi Meyer Steyn Chartered Accountants Incorporated, who
    expressed an unmodified audit opinion thereon. The full auditors report includes details
    of key audit matters. This audit report will be made available, along with the AFS, to
    shareholder on the Company’s website at www.silverbridge.co.za on or about 23
    September 2022.


Pretoria
14 September 2022

Designated Advisor
PSG Capital