Thorney Opportunities : Appendix 4E (Updated)

THORNEY OPPORTUNITIES LTD

ABN 41 080 167 264

APPENDIX 4E (Listing Rule 4.3A)

Preliminary final report for the year ended 30 June 2019

RESULTS FOR ANNOUNCEMENT TO THE MARKET

(All comparisons to year ended 30 June 2018)	Movement	Up/	Movement
	$'000s	$'000	Down	%
Revenue from ordinary activities	22,114	2,231	Up	12%
Profit before tax for the year	15,010	2,165	Up	17%
Profit after tax for the year	12,046	936	Up	8%

	Cents	Franked	Taxing rate
	per	amount	for
Dividend information	share	per share	franking
2019 Final dividend cents per share	1.14	1.14	27.5%
2019 Interim dividend cents per share	0.66	0.66	27.5%
2018 Final dividend cents per share	0.90	0.90	27.5%
2019 Final dividend dates
Ex‐dividend date		9 September 2019
Record date		10 September 2019
Payment date		30 September 2019

Dividend Reinvestment Plan

The Dividend Reinvestment Plan (DRP) will not operate in respect of the 2019 Final dividend.

	30 June 2019	30 June 2018	Movement
Net tangible asset backing (after tax) per share	80.1 cents	75.7 cents	Up 6%

This information should be read in conjunction with the 2019 Annual Report of Thorney Opportunities Ltd and any public announcements made in the period by Thorney Opportunities Ltd in accordance with the continuous disclosure requirements of the Corporations Act 2001 and Listing Rules.

This report is based on the financial statements of Thorney Opportunities Ltd which have been audited by Ernst and Young.