Nu-World Holdings Limited (JSE:NWL) News - Preliminary reviewed consolidated annual results , dividend declaration and notice of AGM NU-WORLD HOLDINGS LIMITED Registration No. 1968/002490/06 (Incorporated in the Republic of South Africa) JSE share code: NWL ISIN code: ZAE000005070 (“Nu-World” or “the Group” or “the Company”) Preliminary reviewed consolidated annual results for the year ended 31 August 2021, dividend declaration and notice of annual general meeting (“AGM”) Introduction to the Nu-World Holdings Group Nu-World is a company incorporated and domiciled in South Africa with subsidiaries in Australia, Brazil, Dubai, Hong Kong and Lesotho. The main business of Nu-World and its subsidiaries includes the importing, assembling, marketing and distribution of branded consumer goods. The Board presents the Nu-World summary results for the twelve months ended 31 August 2021. The Group’s results to 31 August 2021 were reasonable, taking into context the COVID-19 pandemic and the lockdown in South Africa as well as all the other countries in which we trade. The various lockdowns during 2020 / 2021 came on top of a severely distressed SA economy. The looting and insurrection in July 2021 had the greatest negative impact on the Group’s Q4 2021 results Salient Features 2021 2020 R000 R000 Total revenue 2 358 212 2 627 705 Operating profit 219 468 205 262 Profit attributable to equity holders of the company 140 964 132 736 Basic earnings 140 964 132 736 Headline earnings 139 973 136 707 Basic earnings (cents per share) 655,2 617,0 Headline earnings (cents per share) 650,6 635,5 Weighted average number of ordinary shares (000) 21 513 22 513 Cash generated from operations 481,9 311,9 Dividend proposed 249,0 195,4 DECLARATION OF FINAL DIVIDEND Notice is hereby given that a final gross dividend of 249,0 cents per share has been declared on by the Board, payable to shareholders recorded in the register of Nu-World at the close of business on the record date appearing below. The dividend is payable out of cash reserves. - Dividends have been declared out of profits available for distribution. - Local Dividends Withholding Tax rate is 20%. - The gross dividend amount is 249,0 cents per ordinary share. - The net cash dividend amount is therefore 199,2 cents per ordinary share. - The Company has 22 646 465 ordinary shares in issue as at the declaration. - The Company’s income tax reference number is 9100/085/71/2. The salient dates pertaining to the final dividend are as follows: Declaration date: Wednesday, 27 October 2021 Last date to trade ‘’cum’’ dividend Monday, 13 December 2021 Date trading commences ‘’ex’’ dividend Tuesday, 14 December 2021 Record date Friday, 17 December 2021 Date of payment Monday, 20 December 2021 Ordinary share certificates may not be dematerialised or rematerialised between Tuesday, 14 December 2021 and Friday, 17 December 2021, both days inclusive. Page 1 of 2 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 on Monday, 20 December 2021. Annual report and notice of AGM The 2021 Integrated Annual report and the notice of AGM will be mailed on 26 November 2021. The annual general meeting will take place at 10h00 on Wednesday, 9 February 2022, at the registered office of the Company. Shareholders are referred to the salient dates and venue below: MEETING VENUE The boardroom Nu-World Holdings Limited, 682 Pretoria Main Road, Wynberg, Sandton Sandton RECORD DATE – to determine which shareholders are Friday, 19 November 2021 entitled to receive the Notice of AGM PUBLICATION/POSTING date Friday, 26 November 2021 LAST DATE TO TRADE – last day to trade to determine Tuesday, 1 February 2022 eligible shareholders that may attend, speak and vote at the AGM RECORD DATE – record date to determine eligible Friday, 4 February 2021 shareholders that may attend, speak and vote at the AGM MEETING DEADLINE DATE (for administrative purposes, Friday, 7 February 2022 forms of proxy for the meeting to be lodged by 10h00 MEETING DATE Wednesday, 9 February 2021 PUBLICATION OF RESULTS on SENS Wednesday, 9 February 2021 WEBSITE LINK http://www.nuworld.co.za . Auditor’s opinion These condensed consolidated financial statements for the year ended 31 August 2021 have been reviewed by RSM South Africa Inc., who expressed an unmodified review conclusion. Full announcement This short-form announcement is the responsibility of the Directors of the Company and is a summary of the information in the full announcement, which is available for viewing on the following websites: Company’s website: http://www.nuworld.co.za JSE website: https://senspdf.jse.co.za/documents/2021/jse/isse/nwl/nwl2021.pdf Any investment decision by investors and/or shareholders should be based on consideration of the full announcement, copies of which are also available for inspection at our offices and our sponsor’s offices on workdays during business hours, at no charge. On behalf of the Board J.A. Goldberg G.R. Hindle Chief Executive Officer Financial Director Johannesburg 27 October 2021 Page 2 of 2 Date: 27-10-2021 05:00:00 Produced by the JSE SENS Department. 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