PRIMESERV GROUP LIMITED - Unaudited interim financial results for the six months ended 30 September 2024

Unaudited interim financial results for the six months ended 30 September 2024

Primeserv Group Limited
Incorporated in the Republic of South Africa
Registration number: 1997/013448/06
Share code: PMV ISIN: ZAE000039277
("Primeserv" or "the company")

Unaudited interim financial results for the six months ended 30 September 2024

Revenue
up 14%
R517.3 million

Operating profit
up 9%
R14.3 million

Earnings per share
up 17%
17.53 cents

Headline earnings per share
up 17%
17.53 cents

Net asset value per share
up 10%
273 cents


INTERIM DIVIDEND
Notice is hereby given that a gross cash dividend of 3.00 cents per share (2023: interim dividend of 2.50 cents per share) for the interim period was
declared on Wednesday, 20 November 2024, payable to shareholders recorded in the share register of the company at the close of business on the record
date appearing below. The salient dates pertaining to the interim dividend are as follows:

Last date to trade "cum" dividend                Tuesday, 21 January 2025
Date trading commences "ex" dividend           Wednesday, 22 January 2025
Record date                                        Friday, 24 January 2025
Date of payment                                  Monday, 27 January 2025

Ordinary share certificates may not be dematerialised or rematerialised between Wednesday, 22 January 2025 and Friday, 24 January 2025, both days
inclusive.

Shareholders who are not exempt from the Dividend Withholding Tax of 20% will therefore receive a net dividend of 2.40 cents per share. The company
has 114 522 101 ordinary shares in issue and its income tax reference number is 9408/002/71/6. The dividend is being paid out of income reserves.

All times provided in this announcement are South African local times.

Where applicable, dividends in respect of certificated shares will be transferred to shareholders' bank accounts on the payment date. Ordinary
shareholders who hold dematerialised shares will have their accounts credited at their Central Securities Depository Participant (CSDP) or broker on
Monday, 27 January 2025.

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. This short form announcement has not been reviewed or audited by the company's auditors. The full announcement was
released on SENS on 20 November 2024 and is also available on the company's website at www.primeserv.co.za and at
https://senspdf.jse.co.za/documents/2024/jse/isse/PMV/Interim24.pdf

Copies of the full announcement are available for inspection on the company's website or may be requested from the company's registered office and the
company's sponsor during office hours at no charge. Any investment decision should be based on the contents of the full announcement published on
SENS and on the company's website.

By order of the Board

DL Rose                 M Abel                 R Sack
Chairperson             CEO                    FD

20 November 2024
Illovo

Directors:
DL Rose* (Chairperson)
M Abel (CEO)
LM Maisela*
KM Matjila*
R Sack (FD)

*Independent non-executive
Registered address
25 Rudd Road
Illovo
Sandton, 2196

Company secretary
ER Goodman Secretarial Services Proprietary Limited
(represented by Marilis Janse van Rensburg)
4 – 6 Skeen Boulevard
Bedfordview, 2008

Sponsor
African Bank Limited,
(Business and Commercial Banking Division)
4th Floor, Grindrod Towers
8A Protea Place
Sandton, 2196

Auditors
PKF Octagon Incorporated
21 Scott Street
Waverley
Johannesburg, 2090

Transfer secretaries
JSE Investor Services Proprietary Limited
One Exchange Square
2 Gwen Lane, Sandown
Sandton, 2196


E-mail: productivity@primeserv.co.za

www.primeserv.co.za

Date: 20-11-2024 12:30:00
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