Announcement • Jan 20
Engen Botswana Limited Announces Resignation of Stephen Paul Williams as Non-Executive Director, Effective from December 31, 2025 Engen Botswana Limited announced the resignation of Mr. Stephen Paul Williams from the Board of Directors, effective from December 31, 2025. Announcement • Jan 08
Engen Botswana Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Engen Botswana Limited announced that they will report fiscal year 2025 results at 10:25 AM, South Africa Standard Time on Mar 31, 2026 Announcement • Jul 08
Engen Botswana Limited to Report First Half, 2025 Results on Sep 30, 2025 Engen Botswana Limited announced that they will report first half, 2025 results on Sep 30, 2025 Announcement • Feb 14
Engen Botswana Limited Announces Resignation of Frederik Jacobus Kotze as Non-Executive Director Engen Botswana Limited announced that the following non- executive director resignation: With effect from 31 January 2025, Mr. Frederik Jacobus Kotze has resigned from the Board of Directors. Announcement • Feb 08
Engen Botswana Limited Appoints Sharveen Maharaj to the Board of Directors Engen Botswana Limited announced the following non-executive director appointment: With effect from 1 February 2025, Engen appointed Mr. Sharveen Maharaj to the board of directors. Sharveen Maharaj is presently the Executive Head (GM): Engen Lubricants & Commercial at Engen Petroleum, South Africa. Being a Chemical Engineer by background, with sound leadership exposure has equipped him with the technical knowledge to understand the industry and the highly complex and competitive nature of Oil & Gas Industry in General. Sharveen has held several senior management roles at Engen Petroleum, Lubricants Sales Head, previously managed Engen's National Logistics and Distribution as well as the Refinery's Maintenance Turnaround and Tankage Department, within the Engen Refinery in Durban, SA. Prior to that he was the Operations Manager at the Engen Island View Site responsible for Oil Movements and Storage. He was also an Engen representative on the Oil Company and TNPA Forums at Island View. Sharveen is a Director: Engen Petroleum Ltd. (SA), and a Board Member for Engen Namibia. Further, he represented Engen as a Director on the Cutler Management Board and spent 12 months as Chairman of the Board. He worked closely with SAPIA & National Government on the roll out and implementation of key frameworks and regulations for the sector. Sharveen is a seasoned Oil & Gas executive, with a strong engineering and commercial background. In addition to his Engineering qualification, he has completed several global executive programmes and recently graduated from Harvard Business School. Announcement • Jan 11
Engen Botswana Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Engen Botswana Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Sep 28
Full year 2023 earnings released: EPS: P0.71 (vs P1.67 in FY 2022) Full year 2023 results: EPS: P0.71 (down from P1.67 in FY 2022). Revenue: P3.45b (down 16% from FY 2022). Net income: P113.4m (down 57% from FY 2022). Profit margin: 3.3% (down from 6.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 03
Upcoming dividend of P1.93 per share Eligible shareholders must have bought the stock before 10 April 2024. Payment date: 24 April 2024. Trailing yield: 27%. Within top quartile of Batswana dividend payers (8.4%). Higher than average of industry peers (10.0%). Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: P0.71 (vs P1.67 in FY 2022) Full year 2023 results: EPS: P0.71 (down from P1.67 in FY 2022). Revenue: P3.45b (down 16% from FY 2022). Net income: P113.4m (down 57% from FY 2022). Profit margin: 3.3% (down from 6.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Jan 06
Engen Botswana Limited to Report Fiscal Year 2023 Results on Mar 29, 2024 Engen Botswana Limited announced that they will report fiscal year 2023 results on Mar 29, 2024 Announcement • Oct 13
Engen Botswana Limited, Annual General Meeting, Oct 18, 2023 Engen Botswana Limited, Annual General Meeting, Oct 18, 2023, at 08:00 Coordinated Universal Time. Agenda: To consider Board changes. Reported Earnings • Oct 06
First half 2023 earnings released: EPS: P0.23 (vs P1.73 in 1H 2022) First half 2023 results: EPS: P0.23 (down from P1.73 in 1H 2022). Revenue: P1.58b (down 17% from 1H 2022). Net income: P37.2m (down 87% from 1H 2022). Profit margin: 2.4% (down from 14% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 23
Engen Botswana Limited to Report Fiscal Year 2023 Results on Sep 30, 2023 Engen Botswana Limited announced that they will report fiscal year 2023 results on Sep 30, 2023 New Risk • Jul 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.5% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (6.5% net profit margin). Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: P1.67 (vs P1.62 in FY 2021) Full year 2022 results: EPS: P1.67 (up from P1.62 in FY 2021). Revenue: P4.11b (up 81% from FY 2021). Net income: P266.1m (up 2.6% from FY 2021). Profit margin: 6.5% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 30
Upcoming dividend of P0.16 per share Eligible shareholders must have bought the stock before 06 January 2023. Payment date: 20 January 2023. Trailing yield: 11%. Within top quartile of Batswana dividend payers (9.1%). Lower than average of industry peers (19%). Upcoming Dividend • Dec 21
Upcoming dividend of P0.16 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 January 2023. Trailing yield: 11%. Within top quartile of Batswana dividend payers (9.9%). Lower than average of industry peers (18%). Announcement • Dec 14
Engen Botswana Limited Declares Interim Dividend for the Period Ended 30 September 2022, Payable on or About 10 January 2023 Engen Botswana Limited announced that an interim dividend of 15.7 thebe per share (gross) has been declared for the period ended 30th September 2022. In compliance with the Income Tax Act, withholding tax at the rate of 10.0% will be deducted by the company from all dividends. The dividend will be paid on or about 10th January 2023 to those shareholders registered at the close of business on 30th December 2022 with an ex-dividend date of 28th December 2022. Announcement • Sep 24
Engen Botswana Limited Provides Earnings Guidance for Half Year Ended 30 June 2022 Engen Botswana Limited provided earnings guidance for half year ended 30 June 2022. The company’s expected profit or loss (before tax) for the period to be reported upon next will differ by at least 10% from the financial results for the previous corresponding period. Accordingly, the shareholders of Engen Botswana Limited are advised that the profit before tax for the half year ended 30 June 2022 will be between 100% to 110% or BWP 174.7 to BWP 192.4 million respectively higher than the BWP 174.7 million reported for the half year ended 30 June 2021. Announcement • Jun 04
Engen Botswana Limited Announces Appointment of Jayaraman Ramesh as Independent Non-Executive Director Appointment Engen Botswana Limited announced the following Independent non-executive director appointment With effect from 4 May 2022, Engen appointed Mr. Jayaraman Ramesh to the Board of Directors. Mr. Ramesh is a Co-founder and non-executive Chairperson of the Botho Group. He is also a non-executive director (NED) of Sechaba Brewery Holdings Limited (SBHL,) a company listed on the BSE and a member of its Audit & Finance Committee. Furthermore, He is a NED of Kgalagadi Breweries Limited, an Associate company of SBHL. He was previously the non-executive Chairperson, Managing Partner and Partner at Grant Thornton (GT) Botswana during his 36-year career at the professional services firm that began in July 1984. He was also at GT International, initially as a Board member of GT International and later as the Regional leader for Africa from April 2010 to April 2020. During his tenure, Mr. Ramesh strengthened the presence of GT on the African continent. He served as the 1st chairperson of the Government Audit Committee (Botswana), that was formed under the Public Finance Management Act, for 5 years until 30 June 2021. He is a Fellow Chartered Accountant (FCA) of the Botswana Institute of Chartered Accountants (BICA) and is a Past President of BICA. He graduated with a Bachelor of Commerce degree from the University of Madras, India and then qualified as a CA in 1983. He is also an Alumnus of Oxford University's Said Business School where he completed the senior leadership programme, Organisational Leadership, while at GT International. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Len Makwinja was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Engen Botswana Limited Appoints Brian Farayi Sameke as the Acting Managing Director Engen Botswana Limited has appointed r Brian Farayi Sameke as the Acting Managing Director effective 5 April 2022. Mr. Sameke is currently the Finance Manager and a Board Member of the company. The appointment follows the unexpected and sad passing away of Mr. Chimweta Chelebela Monga on 5 April 2022. Upcoming Dividend • Apr 06
Upcoming dividend of P0.64 per share Eligible shareholders must have bought the stock before 13 April 2022. Payment date: 25 April 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Batswana dividend payers (9.1%). Higher than average of industry peers (9.2%). Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: P1.63 (vs P0.61 in FY 2020) Full year 2021 results: EPS: P1.63 (up from P0.61 in FY 2020). Revenue: P2.72b (up 16% from FY 2020). Net income: P260.9m (up 166% from FY 2020). Profit margin: 9.6% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Oct 06
Upcoming dividend of P0.59 per share Eligible shareholders must have bought the stock before 13 October 2021. Payment date: 21 October 2021. Trailing yield: 11%. Within top quartile of Batswana dividend payers (8.7%). Lower than average of industry peers (13%). Reported Earnings • Sep 30
First half 2021 earnings released: EPS P0.83 (vs P0.10 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: P1.22b (up 6.5% from 1H 2020). Net income: P132.2m (up P116.3m from 1H 2020). Profit margin: 11% (up from 1.4% in 1H 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Announcement • Mar 28
Engen Botswana Limited Provides Earnings Guidance for the Year Ended December 31, 2020 Engen Botswana Limited provided earnings guidance for the year ended December 31, 2020. The company expects that the profit before tax for the year of BWP 147.2 million will be 18.3% or BWP 33 million lower than the BWP 180.2 million reported for the year ended December 31, 2019. As a result gross profit has declined by 21.2% from BWP 295.9 million to BWP 233.1 million from 2019 to 2020 respectively. Is New 90 Day High Low • Feb 24
New 90-day low: P10.20 The company is down 1.0% from its price of P10.30 on 26 November 2020. The Batswana market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: P10.29 The company is down 1.0% from its price of P10.36 on 17 September 2020. The Batswana market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Oil and Gas industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 14
New 90-day low: P10.30 The company is down 1.0% from its price of P10.37 on 16 July 2020. The Batswana market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 3.0% over the same period. Upcoming Dividend • Oct 07
Upcoming Dividend of P0.18 Per Share Will be paid on the 29th of October to those who are registered shareholders by the 14th of October. The trailing yield of 4.9% is below the top quartile of Batswana dividend payers (8.0%), and is lower than industry peers (7.8%). Reported Earnings • Sep 27
First half earnings released Over the last 12 months the company has reported total profits of P83.9m, down 27% from the prior year. Total revenue was P2.72b over the last 12 months, down 1.8% from the prior year. 
