ISA Holdings Limited declared a special dividend of 10.0 cents per share for the year ended 28 February 2022, which is subject to the South African Reserve Bank ("SARB") approval. The special dividend will be subject to the dividend tax legislation. The reason for declaring the special dividend, payable from income reserves is to reduce the unnecessarily high level of cash in the business, which came about when decided to forgo a final dividend for the year ended 29 February 2020 in order to preserve the strength of the balance sheet through those uncertain times.

The dividend will paid on 25 July 2022 with record date of 22 July 2022 and ex-dividend date is 20 July 2022.