| Mon 16 Mar 2020, 7:38 | | STELLAR CAPITAL PARTNERS LIMITED - Results for the interim period ended 31 December 2019 - short form announcement |
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Results for the interim period ended 31 December 2019 - short form announcement: https://senspdf.jse.co.za/documents/2020/jse/isse/scp/HY20.pdf
Results for the interim period ended 31 December 2019 - short form announcement
STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: SCP
ISIN: ZAE000198586
RESULTS FOR THE INTERIM PERIOD ENDED 31 DECEMBER 2019 - SHORT FORM ANNOUNCEMENT
Stellar Capital Partners Limited ("Stellar Capital" or "the Group"), an investment holding company, has published its interim
results for the six months ended 31 December 2019, a summary of which is set out below.
Stellar Capital's key financial measurements are detailed below:
Unaudited as at Unaudited as at % decrease/
31 December 2019 31 December 2018 increase
Net asset value (R'000) 1 272 762 1 287 198 -1%
Net asset value per share (Rand) 1.21 1.20 1%
Stellar Capital's other financial measurements are detailed below:
Unaudited Unaudited
6 months 6 months
ended ended
31 December 2019 31 December 2018 % decrease
Gross (loss)/profit from investments for the
period (R'000) (4 339) 224 721 -102%
(Loss)/earnings for the period (R'000) (17 144) 159 700 -111%
(Loss)/earnings per share (cents) (1.64) 14.86 -111%
Headline (loss)/earnings per share (cents) (1.64) 14.86 -111%
No ordinary dividends were declared or paid during either reporting periods.
This short form announcement is the responsibility of the directors. It is only a summary of the information contained in the full
announcement and does not contain full or complete details. Furthermore, this short form announcement has not been reviewed
or reported on by Stellar Capital's auditors.
Any investment decision should be based on the full announcement accessible from Friday, 13 March 2020, via the JSE link
at https://senspdf.jse.co.za/documents/2020/JSE/ISSE/SCP/HY20.pdf and also available on the Stellar Capital's website at
(http://www.stellarcapitalpartners.co.za/financial-results/).
The full announcement is also available for inspection to shareholders and investors at no charge, during normal business hours
from 13 March 2020 at the physical office of Stellar Capital, Fourth Floor, The Terraces, 25 Protea Road, Claremont, Cape Town as
well as the offices of Stellar Capital's sponsor, Rand Merchant Bank (a division of FirstRand Bank Limited), 1 Merchant Place, Cnr
Rivonia Road and Fredman Drive, Sandton, Johannesburg. Shareholders and investors are encouraged to review the full
announcement, as a whole, in making any investment decisions.
By order of the Board
13 March 2020
Sponsor
Rand Merchant Bank (a division of First Rand Bank Limited)
Date: 13-03-2020 10:00:00
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