Invicta : Audited annual consolidated results for the year ended 31 March 2022

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
FINANCIAL SUMMARY				2022	31 March		2021	% Change
R'000
Shareholder's Equity	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 [e-mail].

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