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Audited Condensed Consolidated Fin Stat for the year ended 30 June 2024 & Div Declaration
TELEMASTERS HOLDINGS LIMITED
(Registration Number: 2006/015734/06)
JSE Code: TLM ISIN: ZAE000093324
("TeleMasters" or "the Company" or "the Group")
SHORT-FORM ANNOUNCEMENT:
AUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 AND
DIVIDEND DECLARATION
TeleMasters is a diversified technology investment company. Entities within the Group are complementary
towards each other with a key focus on enhancing digital transformation, empowering next generation
interconnectivity and accelerating smart working environments. The Group's vision is to create and
accelerate shareholder value through responsible growth, acquisitions and investments.
The Group consists of the following portfolio of companies:
Catalytic Connections (Pty) Limited is a diversified ICT managed solutions provider to medium and small
businesses in South Africa focused on connectivity, communications, cloud and security solutions.
Contineo Virtual Communications (Pty) Limited provides unified communications solutions to a wide range
of clients.
PerfectWorx Consulting (Pty) Limited provides professional services to a wide range of operators entering
or active in the next generation network environment.
Ultra DataCentre (Pty) Limited owns and operates a highly secure data centre and provides related
services to clients thereof.
SALIENT FEATURES
Extracted from the Audited Condensed Consolidated Financial Statements for the year ended 30 June
2024 and Dividend Declaration
30 June 2024 30 June 2023 Percentage
Audited Audited Change
R R %
Revenue 59 863 311 64 163 482 (6.70)
Operating profit 1 324 985 2 273 529 (41.72)
Earnings per share (cents) 0.62 0.73 (15.07)
Headline earnings per share (cents) 0.68 0.81 (16.05)
Dividend paid per ordinary share (cents) 0.1 0.85 (88.24)
DIVIDEND DECLARATION
Notice is hereby given that a gross interim cash dividend (Number 65) of R0.001 (0.1 cents) per share has
been declared and is payable to all shareholders recorded in the share register of the Company at the
close of business on Friday, 25 October 2024.
The dividend will be subject to the Dividends Tax that was introduced with effect from 1 April 2012. In
accordance with the provisions of the Listings Requirements of the JSE Limited, the following additional
information is disclosed:
• The dividend has been declared out of retained earnings;
• The local Dividends Tax rate is 20%;
• The gross local dividend is R0.001 (0.1 cents) per share for shareholders exempt from Dividends Tax;
• The net local dividend is R0.0008 (0.08 cents) per share for shareholders liable for Dividends Tax;
• The Company has 57 482 830 ordinary shares in issue; and
• The Company's income tax reference number is 9683/978/14/3.
The following dates are applicable to the dividend: The last day to trade to be eligible for the dividend will
be Tuesday, 22 October 2024. Shares will trade ex-dividend from Wednesday, 23 October 2024. The record
date will be Friday, 25 October 2024 and payment of the dividend will be made on Monday, 28 October
2024.
Share certificates may not be dematerialised/re-materialised between Wednesday, 23 October 2024 and
Friday, 25 October 2024, both days inclusive. The certificated register will be closed during these dates.
Dividends in respect of certificated shareholders will be transferred electronically to shareholders' bank
accounts on payment date. Following the discontinuation of cheque payments from January 2022, all
payments will only be made into a nominated bank account by electronic funds transfer. Shareholders
who have not yet provided their bank account details to JSE Investor Services Proprietary Limited ("JIS")
are reminded to contact JIS on 086 154 6572 with their bank account details into which the dividends can
be paid electronically.
Audit Opinion
The consolidated annual financial results were audited by Nexia SAB&T who expressed an unmodified audit
opinion. The Auditor's audit opinion is available for inspection at the Company's registered office.
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 annual financial statements of the Company for the year ended 30
June 2024 ("AFS") and does not contain full or complete details. Any forward-looking information
included in the AFS was not audited or reviewed by the Company's auditors.
Any investment decisions by investors and/or shareholders should be based on consideration of the
AFS as a whole. The full announcement is available on the Company's website
(www.telemasters.co.za) and on the JSE Website:
https://senspdf.jse.co.za/documents/2024/jse/isse/TLM/TLMAFS24.pdf
The AFS may also be inspected by investors and/or shareholders at the registered office of the
Company and the offices of the Designated Advisor, at no charge, during normal business hours. In
addition, electronic copies of the AFS may be requested and obtained, at no charge, from the
Company (cfo@masters.co.za).
WATERFALL CITY
3 October 2024
Directors: MB Pretorius*, J Voigt, B Topham, MJ Krastanov*#, M Moela*#
(* non-executive # independent)
Registered address: Ground Floor, Building 2, ATT House, Maxwell Office Park, Magwa Crescent West,
Waterfall City, 2090
(PO Box 68255 Highveld Park 0169)
Company secretary: S Ramirez-Victor
Auditors: Nexia SAB&T, 119 Witch-Hazel Avenue, Highveld Techno Park, Centurion
Transfer secretaries: JSE Investor Services Proprietary Limited, 13th Floor, 19 Ameshoff Street,
Braamfontein, 2017
Designated Advisor: AcaciaCap Advisors Proprietary Limited, 20 Stirrup Lane, Woodmead Office Park,
Woodmead
Website: www.telemasters.co.za
Designated Advisor
AcaciaCap Advisors (Pty) Limited
Date: 03-10-2024 05:19:00
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