SENS Announcements
| 18/04/2013 Sekunjalo Investments Limited - Unaudited Interim Results For The Period Ended 28 February 2013 |
Unaudited interim results for the period ended 28 February 2013 Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) Registration number 1996/006093/06 Share code: SKJ and ISIN: ZAE000017893 ("Sekunjalo" or "the Group" or "the Company") Unaudited interim results for the period ended 28 February 2013 Condensed Group Statement of Comprehensive Income Unaudited Unaudited Audited Group to Group to Group to 28 February 29 February 31 August 2013 2012 2012 R'000 R'000 R'000 Revenue 225 339 178 090 455 860 Cost of sales (149 271) (110 524) (305 131) Gross profit 76 068 67 566 150 729 Other income 3 834 1 745 3 700 Other operating expenses (63 103) (53 060) (125 252) Fair value adjustments 16 074 10 342 30 081 Investment revenue 4 768 3 175 17 334 Loss from equity accounted investments (4 350) (3 628) (9 211) Finance cost (9 048) (6 798) (19 251) Profit before taxation 24 243 19 342 48 130 Taxation (8 094) (12 419) (29 931) Profit for the period 16 149 6 923 18 199 Total comprehensive income 16 149 6 923 18 199 Total comprehensive income/(loss) attributable to: Equity holders of the parent 16 134 9 159 17 953 Non-controlling interest 15 (2 236) 246 16 149 6 923 18 199 Basic and diluted earnings per ordinary share (cents) 3,30 1,87 3,67 Weighted (and fully diluted) average number of ordinary shares in issue (000s) 489 339 489 339 489 339 Condensed Group Statement of Financial Position Unaudited Unaudited Audited Group to Group to Group to 28 February 29 February 31 August 2013 2012 2012 R'000 R'000 R'000 Assets Non-current assets 723 636 599 223 673 555 Property, plant and equipment 139 792 139 786 135 500 Goodwill 34 191 34 191 34 191 Intangible assets 14 573 19 714 15 642 Investments in associates 116 606 126 564 120 956 Other loan receivables 61 969 45 668 25 322 Other financial assets 330 525 207 991 314 451 Deferred tax 23 556 23 280 25 219 Operating lease asset 2 424 2 029 2 274 Current assets 174 275 184 582 181 748 Inventory 25 234 20 173 17 851 Biological assets 38 787 35 027 38 537 Other financial assets 939 3 886 1 464 Current tax receivable 157 154 209 Trade and other receivables 73 477 93 817 77 434 Cash and cash equivalents 35 681 31 525 46 253 Total assets 897 911 783 805 855 303 Equity and liabilities Equity Equity attributable to equity holders of parent Share capital and share premium 403 177 403 177 403 177 Reserves 121 194 121 194 121 194 Accumulated losses (65 415) (90 342) (81 548) 458 956 434 029 442 823 Non-controlling interest 8 230 7 959 9 041 467 186 441 988 451 864 Liabilities Non-current liabilities 272 113 190 455 253 872 Other financial liabilities 147 490 83 683 129 949 Operating lease liability 454 192 734 Deferred tax 123 830 104 739 123 189 Other non-current liabilities 339 1 841 - Current liabilities 158 612 151 362 149 567 Trade and other payables 73 867 74 237 85 806 Other financial liabilities 24 323 15 636 37 784 Current tax payable 5 849 8 739 2 593 Provisions 16 670 16 782 16 766 Other current liabilities - 71 51 Bank overdraft 37 903 35 897 6 567 Total equity and liabilities 897 911 783 805 855 303 Net asset value per share (cents) 93,79 88,70 90,49 Tangible net asset value per share (cents) 83,83 77,68 80,31 Condensed Group Statement of Cash Flows Unaudited Unaudited Audited Group to Group to Group to 28 February 29 February 31 August 2013 2012 2012 R'000 R'000 R'000 Cash flows from operating activities 2 432 2 578 53 302 Cash flows from investing activities (13 369) (4 578) (96 437) Cash flows from financing activities (30 971) 5 215 90 408 Total cash movement for the period (41 908) 3 215 47 273 Cash and cash equivalent at the beginning of the period 39 686 (7 587) (7 587) Cash and cash equivalents at the end of the period (2 222) (4 372) 39 686 Condensed Group Statement of Changes in Equity For the period ended 28 February 2013 Attributable Non- to controlling Total parent interest equity R'000 R'000 R'000 Balance at 1 September 2011 424 870 10 195 435 065 Profit for the period 17 953 246 18 199 Dividends paid - (1 400) (1 400) Balance at 31 August 2012 442 823 9 041 451 864 Profit for the period 16 134 15 16 149 Dividends paid - (827) (827) Balance at 28 February 2013 458 957 8 230 467 186 Condensed Group Segmental Report Information Technology Fishing Healthcare Unaudited Unaudited Unaudited Group to Group to Group to 28 February 28 February 28 February 2013 2013 2013 R'000 R'000 R'000 Revenue 103 686 89 404 8 984 External sales 103 686 89 404 8 984 Segment results Operating profit/(loss) 26 625 3 430 (3 868) Carrying amount of assets 68 283 250 705 31 622 Carrying amount of liabilities 33 541 124 498 11 888 Biotechnology Corporate Group Unaudited Unaudited Unaudited Group to Group to Group to 28 February 28 February 28 February 2013 2013 2013 R'000 R'000 R'000 Revenue - 23 265 225 339 External sales - 23 265 225 339 Segment results Operating profit/(loss) (4) 6 690 32 873 Included in segment results: Fair valuation of investments - 16 074 16 074 Carrying amount of assets 177 435 369 866 897 911 Carrying amount of liabilities 24 909 235 889 430 725 Loss from associate (4 350) - (4 350) Information Technology Fishing Healthcare Unaudited Unaudited Unaudited Group to Group to Group to 29 February 29 February 29 February 2012 2012 2012 R'000 R'000 R'000 Revenue 73 184 76 017 9 219 External sales 73 184 76 017 9 219 Segment results Operating profit/(loss) 26 436 1 122 (2 592) Carrying amount of assets 79 711 250 348 35 072 Carrying amount of liabilities 37 785 116 437 10 903 Biotechnology Corporate Group Unaudited Unaudited Unaudited Group to Group to Group to 29 February 29 February 29 February 2012 2012 2012 R'000 R'000 R'000 Revenue - 19 670 178 091 External sales - 19 670 178 091 Segment results Operating profit/(loss) - 1 627 26 593 Included in segment results: Fair valuation of investments - 10 342 10 342 Carrying amount of assets 172 229 246 385 783 805 Carrying amount of liabilities 18 682 158 010 341 817 Loss from associate (3 628) - (3 628) Notes Revenue for the Fishing segment is highly seasonal. The majority of the sales occur in the second half of the year. During the prior year annual external sales for the segment amounted to R207m. The corresponding interim sales were R76m. Determination of headline earnings Unaudited Unaudited Audited Group to Group to Group to 28 February 29 February 31 August 2013 2012 2012 R'000 R'000 R'000 Earnings attributable to ordinary equity holders of parent entity IAS 33 16 134 9 159 17 953 Adjusted for: Loss on disposal of property, plant and equipment IAS 36 85 7 122 Impairment of intangible assets IAS 38 - - 275 Headline earnings 16 219 9 166 18 350 Headline earnings per ordinary share (cents) 3,31 1,87 3,75 Basis of preparation The condensed consolidated financial statements are prepared in accordance with the JSE Limited ("JSE") Listings Requirements for preliminary reports and the requirements of the Companies Act of South Africa, 2008 as amended, applicable to summarised financial statements. The JSE Listings Requirements require preliminary reports to be prepared in accordance with the framework concepts, the measurement and recognition requirements of International Financial Reporting Standards ("IFRS"), the SAICA Financial Reporting Guides as issued by the Accounting Practices Committee and also that they, as a minimum, contain the information required by IAS 34 'Interim Financial Reporting'. The accounting policies applied in the preparation of the summarised consolidated financial statements from which the summary consolidated financial statements were derived are in terms of IFRS and are consistent with the accounting policies applied in the preparation of the previous consolidated annual financial statements. The unaudited interim financial results were prepared by Takudzwa Hove BCom (Hons), CA(SA)(ACMA). Commentary The Sekunjalo Group has delivered a satisfactory set of financial results for the six-month period under review as the operations have performed in line with the expectations. There has been an increase in the net asset value ("NAV") as a result of an increase in the value of the underlying investments and improving the performance of the operations. Key financial highlights Group revenue has increased by 27% compared to the prior interim period from R178m to R225m due to the improved operational performance of the underlying businesses. Profit before taxation for the period has increased by 25% to R24m (2012: R19,3m) as compared to the prior period which is due to the subsidiaries' consistent performance as a result of the strategies implemented by management over the past three years. As a result, headline earnings have increased by 77% with headline earnings per share ("HEPS") growing by 1,44c from 1,87c in 2012 to 3,31c for the current period. Earnings per share ("EPS") grew by 1,43c from 1,87c in 2012 to 3,30c for the current period. If the dividend revenue was not taken into account from the interim prior period, cash flows from operating activities has increased by R7m since prior period. The Group's asset base has increased by R114m to R898m from R783m for the period under review. Net asset value ("NAV") per share grew to 93,79c from 88,70c in the prior period, while tangible NAV per share grew to 83,83c from 77,68c for the prior period. Financial liabilities increased by R72m during the period under review to fund the growth of the Group's subsidiaries and associates. The Information Technology Communication Group has achieved operating profits of R26m which in line with prior interim period. This was obtained through the implementation and roll-out of the long-term contracts secured during the prior financial years. Premier Fishing SA (Pty) Ltd ("Premier Fishing") has achieved an operating profit for the period of R3,4m. The major contributors being the south coast ("SCRL") and the west coast rock lobster ("WCRL") divisions as well as improved operational efficiencies. The fishing sector generally performs better in the second half of the year due to the seasonal nature of the industry. Strategic investments The Pioneer Food Group transaction concluded in the prior year has started to show increased value at 28 February 2013. Information technology and communication Sekunjalo Technology Solutions Group (Pty) Ltd ("Sekunjalo TSG") is a wholly owned subsidiary of Sekunjalo Investments Limited and focuses on the acquisition and development of niche-market information and communication technology companies. The ICT division has performed very well, with subsidiaries performing above targets, and generating positive cash flow. The division s revenue has increased by 42% compared to the corresponding interim period from R73m to R103m due to well-performing businesses and efficiencies. Saratoga Software (Pty) Ltd, a software development company which builds custom software solutions for corporate customers, has grown consistently over the past few years and is performing ahead of expectations. Digital Matter (Pty) Ltd, an innovative technology company, providing mobile software solutions for a range of industry applications including industrial plant and equipment inspection and asset auditing is also performing above expectations. Health System Technologies (Pty) Ltd ("HST"), a hospital information system ("HIS") laboratory information system ("LIS") and pharmacy information system integrator and provider, has continued to deliver steadily on its contract to roll out the centralised HIS and Pharmacy solution to the Provincial Government of the Western Cape hospitals. It successfully continues the implementation of the national centralised LIS for the National Health Laboratory Services with 202 laboratories of the total 267 laboratories already successfully rolled out. Fishing Premier Fishing has steadily maintained its performance with the major contribution coming from the SCRL and WCRL division with good catching volumes to date and a weaker rand. Interim results show an operating profit of R3,4m. Aquaculture The abalone division has produced good results in the first half of the year. Management expect this trend to continue in the second half of the year. Healthcare The core dermatological range of products in the pharmaceutical division continues to show improvement in performance, despite significant competition from generic equivalents. Biotechnology Genius Biotherapeutics (formerly Bioclones), South Africa's largest medical biotechnology company has continued with renovation work at the Centurion plant in order to commence production. Ribotech (Pty) Ltd ("Ribotech"), a subsidiary of Bioclones, has a production facility for the manufacturing of Granulocyte-Colony Stimulating Factor ("G-CSF"), a product used in the oncology market. The Ribotech facility continues its progress in its research and development activities. Media espAfrika (Pty) Ltd, a Group subsidiary, has hosted the Cape Town International Jazz Festival for the 13th year. The company's performance for the six months is an expected operating loss as espAfrika has most of its events during the second half of the financial year. Events after reporting date Subsequent to the reporting date, the Group acquired a 75% stake in World Wide Creative. World Wide Creative is a digital marketing agency. This new investment will be managed by Sekunjalo TSG. Prospects The Group will continue its focus to grow the ICT and Fishing divisions organically as well as by acquisition as the operations continue to produce satisfactory results. The ICT division has built a strong platform for further organic growth and has positioned itself well to increase its investments by acquisition. Amethst (Pty) Ltd - Parallel arbitration negotiations to resurrect the Gauteng Department of Health and Social Development ("GDOHSD") Hospital Information System ("HIS") and Electronic Health Record ("EHR") contracts are ongoing. As an investment holding group, we expect a challenging year for the global economy and believe that our businesses will grow steadily from the successes of the past. The Group's auditors have not reviewed nor reported on any comments relating to future prospects. Dividends No dividends have been declared for the current period. The board continues to work towards the payment of dividends in the foreseeable future. Appreciation We wish to acknowledge the support of our staff, Group executives, management, our board of directors as well as our stakeholders and business partners for their loyalty and dedication to the Group in producing these satisfactory results. Dr MI Surve Mr Khalid Abdulla Executive chairman Chief executive officer Cape Town 18 April 2013 Directors *Dr M Iqbal Surve (Executive chairman); *Khalid Abdulla (Chief executive officer); Rev. Dr Vukile Mehana; Johannes Mihe Gaomab; Salim Young; Aziza Amod; *Cherie Felicity Hendricks; *Chantelle Ah Sing *Executive directors Company secretary: Cherie Felicity Hendricks Registered address: Quay 7, East Pier, Victoria and Alfred Waterfront, Cape Town 8001 Email: cherieh@sekunjalo.com Transfer secretaries: Link Market Services South Africa (Pty) Ltd, 19 Ameshoff Street, 13th Floor, Rennie House, Braamfontein, Johannesburg 2000 Auditors: PKF (Cpt) Inc, Cape Town Sponsor: PSG Capital, Stellenbosch Date: 18/04/2013 12:41:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 17/04/2013 Sekunjalo Investments Limited - Trading Statement |
Trading statement Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ and ISIN: ZAE000017893 ("Sekunjalo" or "the company") TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that its financial results for the next reporting period will differ by 20% or more from those of the corresponding reporting period of the previous year. The Sekunjalo Board accordingly advises that they expect headline earnings per share and basic earnings per share for the six months ended 28 February 2013 to be between 3.11 cents to 3.48 cents. It is anticipated that the unaudited interim financial results of Sekunjalo for the six months ended 28 February 2013 will be released on SENS on or about 19 April 2013. The financial information on which this trading statement is based has not been reviewed and reported on by the company?s auditors. Cape Town 17 April 2013 Sponsor PSG Capital (Pty) Limited Date: 17/04/2013 02:22:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 27/02/2013 Sekunjalo Investments Limited - Results Of The Annual General Meeting |
Results Of The Annual General Meeting SEKUNJALO INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number: 1996/006093/06) ISIN: ZAE000017893 JSE Share Code: SKJ ("Sekunjalo" or "the Company") RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the Annual General Meeting of the Company held on Tuesday, 26 February 2013. The necessary special resolutions will be lodged with CIPC for registration in due course. Cape Town 27 February 2013 Sponsor PSG Capital Date: 27/02/2013 09:24:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 27/02/2013 Sekunjalo Investments Limited - Cancellation Of S328894 Results Of The Annual General Meeting |
CANCELLATION OF S328894 Results Of The Annual General Meeting SEKUNJALO INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number: 1996/006093/06) ISIN: ZAE000017893 JSE Share Code: SKJ ("Sekunjalo" or "the Company") RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the Annual General Meeting of the Company held on Wednesday, 26 February 2013. The necessary special resolutions will be lodged with CIPC for registration in due course. Cape Town 27 February 2013 Sponsor PSG Capital Date: 27/02/2013 09:23:59 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 27/02/2013 Sekunjalo Investments Limited - Results Of The Annual General Meeting |
Results Of The Annual General Meeting SEKUNJALO INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number: 1996/006093/06) ISIN: ZAE000017893 JSE Share Code: SKJ ("Sekunjalo" or "the Company") RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the Annual General Meeting of the Company held on Wednesday, 26 February 2013. The necessary special resolutions will be lodged with CIPC for registration in due course. Cape Town 27 February 2013 Sponsor PSG Capital Date: 27/02/2013 09:15:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 18/02/2013 Sekunjalo Investments Limited - Shareholder Statement |
Shareholder Statement Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ ISIN: ZAE000017893 (?Sekunjalo? or ?the Company?) SHAREHOLDER STATEMENT Shareholders are advised that the recent press coverage relating to the acquisition of Independent News and Media South Africa by the ?Sekunjalo Consortium? and for the avoidance of doubt, the company wishes to advise that Sekunjalo Investment Holdings (Pty) Ltd is a party to the Sekunjalo Independent Media Consortium and not the JSE Listed company, Sekunjalo Investments Limited. Sekunjalo Investment Holdings (Pty) Ltd will work closely with the technology business of Sekunjalo Investments Limited to ensure that there is synergistic benefits for Sekunjalo Investments Limited. Cape Town 18 February 2013 Sponsor PSG Capital Date: 18/02/2013 05:40:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 31/01/2013 Sekunjalo Investments Limited - Disclosure Of Disposal Of Securities |
Disclosure Of Disposal Of Securities Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ ISIN: ZAE000017893 (?Sekunjalo? or ?the Company?) DISCLOSURE OF DISPOSAL OF SECURITIES In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Limited?s Listings Requirements, shareholders are hereby advised that the Company has received a formal notification in the prescribed form that ABSA Bank Limited (?ABSA?) has disposed of an interest in the securities of the Company, such that the total interest in the securities of the Company held by ABSA is now 0% of the total issued ?B? ordinary share capital of the Company. Cape Town 31 January 2013 Sponsor PSG Capital Date: 31/01/2013 03:07:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 29/01/2013 Sekunjalo Investments Limited - Dealing In Sekunjalo Investments Limited Shares By An Associate Of A Director And Disclosure Of Acquisition Of Secur |
Dealing In Sekunjalo Investments Limited Shares By An Associate Of A Director And Disclosure Of Acquisition Of Secur Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ ISIN: ZAE000017893 (?Sekunjalo? or ?the Company?) DEALING IN SEKUNJALO INVESTMENTS LIMITED SHARES BY AN ASSOCIATE OF A DIRECTOR AND DISCLOSURE OF ACQUISITION OF SECURITIES In compliance with rules 3.63 to 3.74 of the JSE Limited?s Listings Requirements, the following information is disclosed: NAME OF DIRECTOR MI Surve COMPANY OF WHICH I AM A DIRECTOR Sekunjalo Investments Limited STATUS:EXECUTIVE/NON-EXECUTIVE Executive TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary DATE OF TRANSACTION 25 January 2013 (1) 29 January 2013 (2) CENTS PER SHARE 42 NUMBER OF SECURITIES TRANSACTED 14 414 978 (1) 44 000 000 (2) TOTAL RAND VALUE OF SECURITIES R6 054 290.76 (1) R18 480 000.00 (2) NAME OF ASSOCIATE Sekunjalo Investments Holdings (Pty) Limited RELATIONSHIP WITH DIRECTOR Director of associate NATURE OF TRANSACTION Purchase (Off-market transaction) NATURE AND EXTENT OF INTEREST IN Indirect non-beneficial THE TRANSACTION In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Limited?s Listings Requirements, shareholders are hereby advised that the Company has received a formal notification in the prescribed form that Sekunjalo Investments Holdings (Pty) Limited (?Sekunjalo Investments Holdings?) has acquired an interest in the securities of the Company, such that the total interest in the securities of the Company held by Sekunjalo Investments Holdings is now 53.32% of the total issued ?B? ordinary share capital of the Company. Cape Town 29 January 2013 Sponsor PSG Capital Date: 29/01/2013 05:21:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 10/12/2012 Sekunjalo Investments Limited - Sens Sekunjalo Cleared By The Financial Services Board |
SENS Sekunjalo cleared by the Financial Services Board Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) Registration number 1996/006093/06 Share code: SKJ ISIN: ZAE000017893 ("Sekunjalo" or ?the Company?) SENS Sekunjalo cleared by the Financial Services Board Dear STAKEHOLDER, We refer to our previous SENS announcements dated 23 February 2012, 7 March 2012 and 15 March 2012, relating to, inter alia, a campaign by elements in the media, fuelled by Mr. Pieter van Dalen of the Democratic Alliance, to cast Sekunjalo in a negative light without any evidence to substantiate the accusations made. During March 2012, at which time Mr van Dalen?s campaign against Sekunjalo for its tender to the Department of Agriculture, Fisheries and Forestry had not attained its intended effect, he took it upon himself to report Sekunjalo to the JSE for, as he put it, ?unethical manipulation of the share price? of Sekunjalo. In his letter to the JSE, Mr van Dalen offered no evidence of such conduct, save to say that he was told this and he has reason to believe it. No reasons were provided for this belief. As per the JSE?s protocol, the complaint was referred by the JSE to the Financial Services Board (?FSB?) for investigation. A full investigation was launched by the FSB and Sekunjalo offered its full cooperation to the FSB, at all times reaffirming that it had not done anything wrong and that it had nothing to hide. Sekunjalo is pleased to announce that the Head of Department of the Directorate of Market Abuse at the FSB has confirmed to Sekunjalo in a letter on 4 December 2012 that the investigation has been closed and that no legal action will be taken. Once again, Sekunjalo has exonerated itself from the baseless accusations being made against it. We trust that Mr. van Dalen will come forward and admit that he was wrong to accuse Sekunjalo without any evidence and to apologise to Sekunjalo, its directors, staff and stakeholders for any inconvenience caused. We also have no doubt that it behoves Mr. van Dalen as a representative of South Africans in parliament, to explain why he made such allegations with no evidence, other than hearsay, circumstantial evidence and innuendo. Sekunjalo has taken advice from its attorneys on the appropriate legal action to be taken against Mr van Dalen and will follow such advice should a public apology and explanation not be forthcoming from Mr. van Dalen. Cape Town 10 December 2012 Sponsor PSG Capital Date: 10/12/2012 03:25:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |
| 26/11/2012 Sekunjalo Investments Limited - No Change Statement And Notice Of Annual General Meeting |
No Change Statement And Notice Of Annual General Meeting SEKUNJALO INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number: 1996/006093/06) ISIN: ZAE000017893 JSE Share Code: SKJ (?Sekunjalo? or ?the Company?) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Further to the publication of the detailed results announcement on SENS on Tuesday, 6 November 2012, of Sekunjalo?s audited group results for the year ended 31 August 2012, Sekunjalo advises that its 2012 Integrated Report, which incorporates the audited annual financial statements for the period, will be distributed to shareholders today, 26 November 2012, and contains no modifications from the aforementioned SENS announcement. NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the annual general meeting of Sekunjalo will be held at Sekunjalo Head Office, Premier Fishing, Quay 7, East Pier, VandA Waterfront on Tuesday, 26 February 2013, at 15:00, to transact the business as set out in the notice of annual general meeting. The date on which shareholders must be recorded in the share register for purposes of being entitled to attend and vote at the annual general meeting is Friday, 22 February 2013, with the last day to trade being Friday, 15 February 2013. 26 November 2012 Cape Town Sponsor PSG Capital (Pty) Limited Date: 26/11/2012 01:02:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. |