Board Change • Aug 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Gavin Rochussen was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 공고 • Jul 13
Bytes Technology Group plc Approves Final Dividend for the Year Ended 28 February 2026, Payable on July 31, 2026 Bytes Technology Group plc annual general meeting held on July 9, 2026 approved a final dividend of 7.0 pence per share for the year ended 28 February 2026 that, will be payable on 31 July 2026 to all ordinary shareholders who are registered as such at the close of business on the record date, 17 July 2026. Shareholders on the South African register will be paid the ZAR cash equivalent as follows: Final dividend of 153.30469 cents per share (122.64375 cents per share net of dividend withholding tax). Dividend withholding tax of 20% will be applicable to all shareholders on the South African register who are not exempt therefrom. The ZAR cash equivalent has been calculated using the following exchange rate: GBP 1: ZAR 21.90067 being the GBP/ZAR exchange rate on, 13 July 2026. Upcoming Dividend • Jul 09
Upcoming dividend of UK£0.07 per share Eligible shareholders must have bought the stock before 16 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (2.8%). 공고 • Jul 01
Bytes Technology Group plc Announces Board and Committee Changes Bytes Technology Group plc announced that Patrick De Smedt intended to step down from his role as Chair of the Board by September 30, 2026, allowing an orderly transition to the new Chair. Patrick had served as Chair since the Company’s listing in 2020 and wished to devote more time to other professional and personal interests. The Board announced the appointment of Gavin Rochussen as an independent Non-Executive Director and Chair-designate, with effect from July 10, 2026. He would become Chair upon Patrick's retirement from the Board. Gavin brought over three decades’ leadership experience, including as Chief Executive Officer of Polar Capital Holdings plc, where he led a period of disciplined growth, strategic realignment and international expansion. Gavin ensured the measured evolution of a successful founder-led organisation through a strategy of ‘growth with diversification’, delivering strong and sustained shareholder value creation at Polar Capital. He also served as CEO of J O Hambro Capital Management and Group CEO of Fleming Family & Partners, one of Europe's leading multi-family office platforms. Gavin had a strong record of engaging with institutional shareholders, boards and capital markets participants across the UK and internationally. Upon appointment, Gavin would serve as a member of the BTG Nomination, Remuneration and ESG Committees. Following Patrick's retirement from the Board, Gavin would succeed Patrick as Chair of the Nomination Committee. The Board also announced the appointment of Tapiwa Ngara as a Non-Executive Director, with effect from July 10, 2026. Tapiwa was an Investment Director at Value Capital Partners (Pty) Ltd, an institutional shareholder of the Company. He was currently a Non-Executive Director of JSE-listed Altron Ltd. and Sun International Ltd. Previously, he held roles in investment banking at Goldman Sachs, and in corporate development, investor relations and finance at Vivo Energy plc and Anglo American plc in London. He held an MBA (Distinction) degree from London Business School, and the Chartered Accountant (SA) designation. Tapiwa brought capital allocation, institutional shareholder and board experience across the UK and international capital markets. Upon appointment, Tapiwa would serve as a member of the BTG Nomination Committee. Reported Earnings • May 28
Full year 2026 earnings released: EPS: UK£0.21 (vs UK£0.23 in FY 2025) Full year 2026 results: EPS: UK£0.21 (down from UK£0.23 in FY 2025). Revenue: UK£220.6m (up 1.6% from FY 2025). Net income: UK£51.3m (down 6.5% from FY 2025). Profit margin: 23% (down from 25% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Software industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Declared Dividend • May 20
Final dividend of UK£0.07 announced Shareholders will receive a dividend of UK£0.07. Ex-date: 16th July 2026 Payment date: 31st July 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 21% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 
