HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

04-Sep-2018
(Official Notice)
Shareholders are advised that the unaudited interim results for the half year ended 30 June 2018 and declaration of dividend number 8 announcement released on 3 September 2018, contained the incorrect number of ordinary shares in issue as at 3 September 2018. The correct number of Anchor ordinary shares in issue at 3 September 2018 is 204 998 429 and not 203 998 429. This has no impact on the published income statement and balance sheet for the period ended 30 June 2018. The gross dividend of 10.50000 cents per share and the salient dates for the dividend remain the same.

03-Sep-2018
(C)
Revenue for the interim period decreased by 3% to R238.2 million (2017: R245.4 million), operating profit fell 13% to R63.4 million (2017: R73 million), loss for the period attributable to owners of the parent was recorded at R189.3 million (2017: profit of R37.2 million), while headline earnings per share lowered by 6% to 18.4 cents per share (2017: 19.6 cents per share).



Dividend

For the first half of 2018 the Company declared an interim gross dividend (Number eight) of 10.50000 cents per share (2017: 0 cents).



Company prospects

Anchor anticipates further net inflows for the remainder of 2018 and inflows in July and August have followed historical trends. Since 30 June 2018 the local market is up more than 4% and the USD/ZAR exchange rate is over 6% weaker, both of which are positive. Management is focussed on delivering on key metrics and creating a sound long-term business for Anchor.



On the assumption of reasonable investment markets, Anchor anticipates 2018 earnings being stronger than 2017. This prospect statement has not been reviewed or reported on by the company's auditors. The key driver for the business is assets under management, which averaged R51.8 billion for the first half of 2018. The second half of 2018 will be influenced by:

* The performance of local and global markets and Anchor's relative performance.

* The impact on assets under management from a larger distribution force and the progress of Anchor Financial Services.

* The exchange rate between the Rand and other currencies (we estimate across the business, including Capricorn Fund Managers, that the Rand hedge component is approximately 60%).

* An increase in shares in issue.



A presentation on the results under review is available on www.anchorgroup.co.za
17-Aug-2018
(Official Notice)
Shareholders are advised that Ms Kajal Bissessor has resigned as an independent non-executive director as well as the chairperson of the audit and risk committee of the company with effect from 16 August 2018.



Shareholders are further advised that, with effect from 17 August 2018, Ms Tinyiko Mhalari has been appointed to the board as an independent non-executive director and chairperson of the audit and risk committee of the company.
08-Aug-2018
(Official Notice)
10-Jul-2018
(Official Notice)
Anchor's stockbroking business partners with SA property mogul to create majority black-owned boutique research and brokerage house

? Consortium to acquire 51% shareholding in Anchor Stockbrokers

? Anchor Stockbrokers will retain autonomy and flexibility

? Transaction will enhance research and insights solutions to clients across the spectrum but with a strong property focus

? Anchor Stockbrokers and investment consortium to leverage extensive network, track record and independent thinking within real estate and related sectors

? Anchor Stockbrokers to become a 51% black-owned Level II B-BBEE contributor



JSE AltX-listed financial services holding company Anchor today announced the disposal of a controlling interest in its wholly owned subsidiary, Anchor Stockbrokers (Pty) Ltd. to a consortium led by property entrepreneur Dr Sisa Ngebulana. Upon completion of conditions precedent typically associated with transactions of this nature, Anchor Stockbrokers will become a Level II B-BBEE contributor.
03-Jul-2018
(Official Notice)
Anchor announced that its shares have been approved for inclusion in the list of qualifying equity securities to be traded on A2X with effect from 10 July 2018 (the "A2X listing date").



Anchor will continue to have a primary listing on the AltX of JSE and its issued share capital will be unaffected by its secondary listing on A2X. Anchor shares will be available to be traded on both the JSE and A2X from the A2X listing date.



A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the Financial Sector Conduct Authority (Previously the Financial Services Board) in terms of the Financial Markets Act 19 of 2012.
29-Jun-2018
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Friday, 29 June 2018 (in terms of the notice dispatched on 30 April 2018) all of the resolutions tabled thereat were passed by the requisite majority of Anchor shareholders.



Details of the results of voting at the annual general meeting were as follows:

-total number of Anchor shares in issue as at the date of the annual general meeting: 199 126 268

-total number of Anchor shares that were present/represented at the annual general meeting: 81 366 101 being 40.86% of the total number of Anchor shares that could have been voted at the annual general meeting
29-May-2018
(Official Notice)
Shareholders are referred to the Company's 2017 integrated annual report incorporating the audited annual financial statements for the year ended 31 December 2017, which was posted to shareholders on 30 April 2018 ("integrated annual report").



The integrated annual report has been updated for a correction to an error on the analysis of shareholders section on page 96.



The updated integrated annual report is available on the Company's website: www.anchorgroup.co.za.
30-Apr-2018
(Official Notice)
Shareholders are advised that Anchor's 2017 integrated annual report, incorporating the audited annual financial statements for the year ended 31 December 2017 (on which the Company's auditors expressed an unmodified audit opinion) and a notice of annual general meeting ("AGM") was posted to shareholders on Monday, 30 April 2018 and is available on the Company's website: www.anchorgroup.co.za. The audited annual financial statements contain no modifications to the summarised provisional audited financial results released on SENS on 26 March 2018.



The AGM will be held at 09:00 on Friday, 29 June 2018 at 25 Culross Road, Bryanston to transact the business as stated in the notice of AGM forming part of the integrated annual report.



The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the AGM is Friday, 22 June 2018 and the last day to trade in order to be eligible to vote at the AGM is accordingly Tuesday, 19 June 2018.
23-Apr-2018
(Official Notice)
Shareholders were notified that in accordance with the JSE Listings Requirements, the Company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and is available on the Company?s website, www.anchorgroup.co.za.
27-Mar-2018
(Official Notice)
Shareholders are referred to the provisional results announcement released on SENS on 26 March 2018, containing salient dates with regard to the dividend declared for the year ended 31 December 2017. Shareholders are advised that the correct record date is Friday, 20 April 2018 and not Friday, 20 May 2018 as previously stated.
26-Mar-2018
(C)
Revenue for the year increased by 14% to R476.3 million (R419.3 million) whilst operating profit decreased by 24% to R126.8 million (R167.2 million). Profit for the period attributable to owners lowered by 54% to R63.3 million (R138.3 million). In addition, headline earnings per share fell by 45% to 32.6 cents per share (59.5 cents per share).



Dividend

As stated, the company has a long-term intention of paying out approximately half of its adjusted headline earnings as a dividend going forward as a listed business. For the year ended 31 December 2017, the company has declared a gross dividend (Number 7) of 10 cents per share. The dividend was declared out of income reserves. The total dividend declared for the year amounts to 10 cents (2016: 32 cents).



Prospects

Anchor views the financial performance in this period as disappointing, with the operating margin below historic levels. Management is targeting higher margins. In this period the asset base continued to grow and the client experience was a positive one. These factors underpin the future growth prospects of the business. Management is focussed on delivering on key metrics and building an attractive business. On the assumption of reasonable investment markets, Anchor looks forward to a stronger 2018. The key driver for the business is assets under management, which averaged R49 billion for the 2017 financial year. The 2018 financial year began with R52.3 billion of assets under management.



The results for the forthcoming year will also be influenced by:

*The performance of local and global markets and Anchor?s relative performance;

*The impact on assets under management from a larger distribution force and the progress of Anchor Financial Services;

*The exchange rate between the Rand and other currencies (we estimate across the business, including Capricorn Fund Managers, that the Rand hedge component is approximately 60%);

*The growth of the new stockbroking division, and

*An increase in shares in issue. The average shares in issue for 2017 were 194.3 million and the starting shares in issue at 1 January 2018 are 197 million.



Anchor intends paying a dividend of at least 50% of adjusted headline earnings per share in 2018, in addition to any money spent on share buyback. A presentation on the results under review is available on www.anchorgroup.co.za.
26-Feb-2018
(Official Notice)
15-Aug-2017
(C)
Revenue for the interim period grew by 21% to R245.4 million (2016: R202.3 million). Operating profit was down by 22% to 73 million (2016: R94.3 million). Total comprehensive income attributable to owners of the parent decreased by 40% to R36.9 million (2016: R61.4 million). Furthermore, headline earnings per share decreased by 42% to 19.6 cents per share (2016: 23.9 cents per share).



Dividend and share repurchase

As stated, the company has a long-term intention of paying out approximately half of its earnings as a dividend as a listed business. Given present circumstances, including the operating conditions and the decline in the share price, the directors are of the view that the best allocation of capital in the short-term is for Anchor to repurchase its own shares. Authority to repurchase shares was given at the last annual general meeting. The company intends to repurchase shares over the next six months and a final decision for a year-end dividend will be made in early 2018.



Prospects

Anchor views the financial performance in this period as disappointing, with the operating margin below historic levels. Management is targeting higher margins. In this period the asset base continued to grow and the client experience was a positive one. These factors underpin the future growth prospects of the business. Management is focussed on delivering on key metrics and creating a great long-term business. The key driver for the business is AUM, which averaged R47.2 billion for the period, with the second half of the financial year beginning with R49.4 billion.



The results for the full year will also be influenced by:

*The performance of local and global markets and Anchor?s relative performance;

*The exchange rate between the Rand and other currencies (we estimate that the Rand hedge component is approximately 50-60%); and

*An increase in shares in issue. The average shares in issue for 2016 was 178.1 million and the shares in issue at 30 June 2017 was 193.5 million.



A presentation on the results under review is available on www.anchorgroup.co.za.

07-Aug-2017
(Official Notice)
04-Jul-2017
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Tuesday, 4 July 2017 (in terms of the notice of annual general meeting dispatched to shareholders on 31 May 2017), all of the resolutions tabled thereat were passed by the requisite majority of Anchor shareholders.



Details of the results of voting at the annual general meeting are as follows:

*total number of Anchor shares that could have been voted at the annual general meeting: 193 452 361

*total number of Anchor shares that were present/represented at the annual general meeting: 85 667 080 being 44.28% of the total number of Anchor shares that could have been voted at the annual general meeting.
27-Jun-2017
(Official Notice)
Shareholders are hereby notified that in accordance with the JSE Listings Requirements, the company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and is available on the company?s website, www.anchorgroup.co.za.

31-May-2017
(Official Notice)
Shareholders are advised that the Company?s integrated annual report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 31 December 2016 and a notice of the annual general meeting (?AGM?) has been posted to shareholders on Wednesday, 31 May 2017 and is available on the Company?s website: www.anchorgroup.co.za. The audited financial statements contain no modifications to the summarised audited financial results released on SENS on 22 March 2017.



Notice is hereby given that the AGM of ordinary shareholders will be held at 10:00 on Tuesday, 4 July 2017 at 25 Culross Road, Bryanston, to transact the business as stated in the notice of AGM forming part of the integrated annual report.



The record date on which shareholders of the Company must be registered as such in the Company?s securities register in order to attend and vote at the AGM is Friday, 23 June 2017 and the last day to trade in order to be eligible to vote at the AGM is accordingly Tuesday, 20 June 2017.
03-May-2017
(Official Notice)
Anchor continued to grow its assets under management and advice in the first quarter of 2017. Total assets at 31 March 2017 were R48.5 billion, up R2.7 billion (+6%) for the quarter. All of the growth for the first quarter of 2017 was of an organic nature. During the first quarter the All Share Index was up 2.7% and the Rand/USD exchange rate strengthened by 2%, negatively impacting the assets under management held directly offshore (measured in Rands). Anchor does not own 100% of all of its subsidiaries. Anchor?s attributable share of assets under management (excluding minority interests) was R28.1 billion, a 1.8% increase on the 31 December 2016 total of R27.6 billion.
22-Mar-2017
(C)
Revenue for the year jumped 85% to R419.3 million (R226.3 million) whilst operating profit more than doubled to R167.2 million (R80.4 million). Profit for the period attributable to owners shot up 69% to R138.3 million (R82.0 million). In addition, headline earnings per share rose 8% to 59.5 cents per share (55.1 cents per share).



Dividend

As stated, the company has an intention of paying out approximately half of its earnings as a dividend going forward as a listed business.



For the first six month period ended 30 June 2016 the company declared an interim gross dividend (Number 5) of 17 cents per share (11 cents). The dividend was declared out of income reserves. For the year ended 31 December 2016, the company has declared a gross dividend (Number 6) of 15 cents per share (16 cents). The dividend was declared out of income reserves. Thus the total dividend declared for the year amounts to 32 cents (27 cents).



Prospects

The key driver for the business is assets under management, which averaged R40 billion for the 2016 financial year. The 2017 financial year began with R45.9 billion of assets under management. The results for the forthcoming year will also be influenced by:

? The performance of local and global markets and Anchor?s relative performance;

? The impact on assets under management from a larger distribution force;

? The exchange rate between the Rand and other currencies (we estimate across the business, including Capricorn Fund Managers, that the Rand hedge component is approximately 50-60%);

? The growth of the new stockbroking division, and

? An increase in shares in issue. The average shares in issue for 2016 were 179.9 million and the starting shares in issue at 1 January 2017 are 193.4 million.



A presentation on the results under review is available on www.anchorgroup.co.za.
17-Mar-2017
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 6 February 2017 wherein the company noted, that it anticipated that the earnings per share (?EPS?) for the year ended 31 December 2016 was anticipated to be 25-36% higher than the year ended 31 December 2015 of 55.1 cents per share, being 68.9 cents per share to 74.7 cents per share for the year ended 31 December 2016.



Anchor Group wishes to provide further revised guidance and shareholders are accordingly advised that EPS for the year ended 31 December 2016 is expected to be higher than the EPS for the year ended 31 December 2015, as further set out below:

Comparison against prior year:

2016, 2015 and % change

*Earnings per share (cents) - 76.1-79.3; 55.1; 38-44

*Headline earnings per share (cents) - 58.3-60.7; 55.1; 6-10

*Adjusted headline earnings per share (cents) - 63.4-66; 57.7; 10-14

*Weighted average number of shares in issue (million) - 178.1; 148.9



The primary reason for the higher than previously anticipated EPS is a change in the tax rate applied to a fair value gain on the acquisition of a former associate, as detailed in the prior SENS statement.



Anchor Group?s results for the year ended 31 December 2016 will be released on or about 22 March 2017.
06-Feb-2017
(Official Notice)
19-Oct-2016
(Official Notice)
Anchor continued to grow its assets under advice and management in the third quarter of 2016 in tough market conditions. Total assets at 30 September 2016 were R47.1 billion, up R1.4 billion (+3.1%) for the quarter and R13 billion (38%) year to date. All of the growth for the third quarter was of an organic nature. During the third quarter the All Share index was down 0.5% and the Rand/USD exchange rate strengthened by 7.2%, negatively impacting approximately 30% of assets under management held directly offshore. Anchor does not own 100% of all of its subsidiaries. Anchor?s attributable share of assets under management (excluding minority interests) was R29.0 billion, a 7% increase on the 30 June 2016 total of R27.1 billion.

08-Sep-2016
(Official Notice)
Anchor Group announces that it has completed an acquisition in terms of which the company has acquired the remainder of the shares in Anchor Securities Holdings (Pty) Ltd (?Anchor Securities?) with the result that Anchor Group has increased its holding from just over 22% to 100%. Anchor Securities is a specialist private client wealth business, with a focus on segregated portfolios, and manages over R3 billion in client funds.



This acquisition is not categorisable under the JSE Listings Requirements and accordingly this announcement is for information purposes only.



18-Aug-2016
(Media Comment)
Business Day reported that Anchor plans to increase its share in its securities business Anchors Securities from 22% to 100% and bring forward a brokerage business. These plans are expected to boost earnings greatly. The group's assets under management have increased by 34% to R45.6 billion. The group's growth has been attributed to the performance of underlying funds and investment in high quality individuals who deliver and market their services.
17-Aug-2016
(C)
Revenue for the interim period grew by 153% to R202.3 million (2015: R80.1 million). Operating profit was up by 163% to 94.3 million (2015: R35.8 million). Total comprehensive income attributable to owners of the parent improved by 110% to R61.4 million (2015: R29.2 million). Furthermore, headline earnings per share increased by 63% to 33.9 cents per share (2015: 20.8 cents per share).



Dividend

The company has an intention of paying out approximately half of its earnings as a dividend going forward as a listed business. For the half year ended 30 June 2016, the company has declared a gross dividend (number 5) of 17 cents per share (2015: 11 cents per share).



Prospects

The prospects for the remainder of 2016 are positive.



The key driver for the business is assets under management, which averaged R29.8 billion for the six months under review. The second six months of 2016 began with R34.4 billion of assets under management. The results for the second six months will also be influenced by:

*The performance of local and global markets and Anchor?s relative performance;

*The inclusion of CFM for a full six months;

*The impact on assets under management from a significantly larger distribution force;

*The exchange rate between the Rand and other currencies (we estimate across the business, including CFM, that the Rand hedge component is approximately 60%), and

*An increase in shares in issue. The average shares in issue for the six months ended 30 June 2016 were 171.8 million and ended the period with 176.6 million.

29-Jul-2016
(Official Notice)
Shareholders are advised that Anchor has terminated its designated advisor and company secretary mandate with Arbor Capital Sponsors (Pty) Ltd. (?Arbor?) and has appointed Java Capital Trustees and Sponsors (Pty) Ltd. (?Java Capital?) as its designated advisor and CIS Company Secretaries (Pty) Ltd. as its company secretary, both with effect from 1 August 2016.
12-Jul-2016
(Official Notice)
The following below shows the expectations for Earnings, Headline Earnings and Adjusted Headline Earnings per share for the six months ended 30 June 2016.

Current Half Year 2016; Prior Half Year 2015; % change

*Earnings per share: 35c - 36c; 20.8; 68 -73

*Headline Earnings per share: 32c - 34c; 20.8; 54 - 63

*Adjusted Headline earnings per share: 33c - 35c; 20.8; 59 - 68

*Weighted average number of shares in issue: 169.3; 141.3



The results for the six months were influenced by:

*a 34% increase in assets under management and advice (which included 14% organic growth in assets under management):

*the inclusion of Capricorn Fund Managers (47.4% owned) for four months;

*volatile investment markets;

*a 5% strengthening of the Rand against the US$ for the six months (negative for offshore assets measured in Rands); and

*a below budget return on Anchor Group balance sheet assets which were largely invested in the seeding of new funds.



Anchor?s results for the half year ended 30 June 2016 will be released on or about 17 August 2016. The financial information on which this trading statement is based has not been reviewed or reported on by the company?s auditors.



08-Jul-2016
(Official Notice)
Anchor continued to grow its assets under advice and management in the first half of 2016 in tough market conditions. The total assets at 30 June 2016 were R45.6 billion. Assets under management were up R11.9 billion (+53%) for the first half, with just over R8 billion coming from the acquisition of 47.5% of Capricorn Fund Managers. Historic organic growth trends were sustained. Anchor does not own 100% of all of its subsidiaries. If one only includes Anchor?s attributable share of assets under management the R34.4 billion reduces to R27.1 billion (31 December 2015: R20.9 billion).
10-Jun-2016
(Official Notice)
Shareholders are advised of the appointment of Omair Khan (Omair) as Financial Director to the board of Anchor with immediate effect.

10-Jun-2016
(Official Notice)
Shareholders are advised that the annual general meeting for the year ended 31 December 2015, was held on 9 June 2016 and all the resolutions proposed at the AGM were passed by the requisite majority. The following information is provided:

*Number of ordinary shares represented at the meeting: 53 983 206

*Total issued number of ordinary shares: 176 557 973

*Percentage of ordinary shares represented at the meeting: 30.58%



12-May-2016
(Official Notice)
Shareholders are advised that the Company?s integrated annual report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 31 December 2015 and a notice of the annual general meeting (?AGM?) has been posted to shareholders on or about Wednesday, 11 May 2016 and is available on the Company?s website: www.anchorgroup.co.za. The audited financial statements contain no modifications to the audited financial results released on SENS on 17 March 2016.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 10h00 on Thursday, 09 June 2016 at 25 Culross Road, Bryanston, to transact the business as stated in the notice of AGM forming part of the integrated annual report.



Record Dates

The record date on which shareholders of the Company must be registered as such in the Company?s securities register in order to attend and vote at the AGM is Friday, 03 June 2016 and the last day to trade in order to be eligible to vote at the AGM is accordingly Friday, 27 May 2016.



The board of directors of the Company has determined that the record date for the purpose of determining which shareholders of the Company are entitled to receive notice of this annual general meeting is Friday, 06 May 2016.

28-Apr-2016
(Official Notice)
The Anchor group continued to grow its assets under advice and management in the first quarter of 2016 in tough market conditions. The total assets at 31 March 2016 were R44.4 billion. Assets under management were up R10.1 billion (+45%) for the quarter, with just over R8 billion coming from the acquisition of 47.5% of Capricorn Fund Managers. Historic organic growth trends were sustained.



Anchor does not own 100% of all of its subsidiaries. If one only includes Anchor?s attributable share of assets under management the R32.5 billion reduces to R25.5 billion (31 December 2015: R20.9 billion).

01-Apr-2016
(Official Notice)
Anchor announced the retirement of David Rosevear as a director. He has served as Chief Financial Officer (?CFO?) since 1 January 2015. The role of acting CFO will be filled by Omair Khan, CA (SA), who has been responsible for the day-to-day financial affairs of the company since prior to the listing in September 2014. A permanent appointment will be made in due course.
17-Mar-2016
(C)
Revenue for the year shot up 175% to R226.3 million (R82.4 million). Operating profit jumped 1841% to R80.4 million (R28.6 million). Profit attributable to owners more than tripled to R82.0 million (R24.3 million). Furthermore, headline earnings per share shot up 95% to 55.1 cents per share (28.3 cents per share).



Dividend

As stated, the company has an intention of paying out approximately half of its earnings as a dividend going forward as a listed business.



For the first six month period ended 30 June 2015 the company declared an interim gross dividend (Number 3) of 11 cents per share (3 cents). The dividend was declared out of income reserves.



For the year ended 31 December 2015, the company has declared a gross dividend (Number 4) of 16 cents per share (12 cents). The dividend was declared out of income reserves. Thus the total dividend declared for the year amounts to 27 cents (15 cents).



Prospects

The prospects for 2016 are positive.



The key driver for the business is assets under management, which averaged R18.8 billion for the 2015 financial year. The 2016 financial year began with R34.1 billion of assets under management. Assets under management and advice were in excess of R40 billion on 1 March 2016 due to new inflows and the acquisition of 47.4% of Capricorn Fund Managers. The results for the forthcoming year will also be influenced by:

* The performance of local and global markets and Anchor?s relative performance;

* The inclusion of RCI for a full year, compared to seven months in 2015;

* The inclusion of Portfolio Bureau for a full year, compared to two months in 2015;

* The inclusion of Capricorn Fund Managers for 10 months in 2016;

* The impact on assets under management from a significantly larger distribution force and the progress of Anchor Financial Services;

* The exchange rate between the Rand and other currencies (we estimate across the business, including Capricorn Fund Managers, that the Rand hedge component is approximately 60%), and

* An increase in shares in issue. The average shares in issue for 2015 were 148.9 million and the starting shares in issue at 1 January 2016 are 166.2 million.



A presentation on the results under review is available on www.anchorgroup.co.za.
29-Feb-2016
(Official Notice)
Further to the announcement published on 28 January 2016, Anchor is pleased to advise that all the conditions precedent have been fulfilled. The agreement to acquire 47.41% of the issued share capital of both CFM South Africa and CFM Malta (together ?CFM Group?) has become unconditional in its terms.
29-Feb-2016
(Official Notice)
Trading performance in the last quarter has exceeded expectations and it is now expected that the Earnings, Headline Earnings, and Adjusted Headline Earnings per share of between 54 cents and 56 cents per share will be achieved, based on 148.9 million weighted average shares in issue.



The trading statement issued on 3 December 2015 in terms of the JSE listing requirements, Anchor gave guidance that the Earnings, Headline Earnings, and Adjusted Headline Earnings per share for 2015 were expected to be between 43.1 cents per share and 52.7 cents per share. Anchor?s results for the year ended 31 December 2015 will be released on or about 17 March 2015.
28-Jan-2016
(Official Notice)
Further to the SENS announcement of 14 October 2015, the company advises that the parties have agreed to extend the date for the fulfilment of the conditions precedent to 29 February 2016. The extension has been provided to allow the parties to execute all the necessary corporate agreements.



07-Jan-2016
(Official Notice)
Anchor continued to grow its assets under advice and management in the fourth quarter of 2015 in a local equity market that was up 1.4% up for the period. The total assets at 31 December 2015 were R34.1 billion. Significant growth was experienced in CIS (?Collective Investment Schemes? or unit trusts) and offshore assets under management. Assets under management were up R6.8 billion (+43%) for the quarter and are up R15.2 billion (+209%) for the 2015 year.



70% of the growth in assets under management in the fourth quarter was of an organic nature. The assets above exclude those of Capricorn Fund Managers. Anchor announced the commercial terms for the acquisition of 47.4% of this business on 14 October 2015, but the conditions precedent are still in the process of being fulfilled.
15-Dec-2015
(Official Notice)
The board of directors of Anchor announced the appointment of Mrs Kajal Bissessor (?Kajal?) as an independent non-executive director of Anchor. Kajal will also take over the role as chairperson of the Combined Audit and Risk Committee (?the Committee?) with immediate effect. Mr Alastair Adams, who is the present chairman of the Committee, will remain as a member of the Committee.



Kajal qualified as a CA(SA) in 2006 completing her articles at KPMG Incorporated (?KPMG?). She spent the next two years specialising in audit management within the management structure of KPMG. In March 2009, Kajal joined Merafe Resources Ltd. as financial manager and in January 2015 was appointed as the Financial Director. Kajal holds a Postgraduate Diploma in Accounting as well as a Certificate in Mining Tax Law.
03-Dec-2015
(Official Notice)
Further to the initial trading statement issued on 10 March 2015, the directors of Anchor have considered the Company?s performance for the year to date and are reasonably certain that the financial results for the year ending 31 December 2015 will show an improvement on both the financial results for the year ended 31 December 2014 and the profit forecast for the year ending 31 December 2015 as published in the Prospectus dated 2 September 2014.



Shareholders are accordingly advised of the following:

Comparison against prior year:

*The earnings, headline earnings and adjusted headline earnings per share for the prior year ended 31 December 2014 were 32.0 cents per share, 28.3 cents per share and 30.1 cents per share respectively, based on a weighted average number of 75.9 million shares in issue.

*The earnings per share, headline earnings per share and adjusted earnings per share for the year ending 31 December 2015 is expected to be between 43.1 cents per share and 52.7 cents per share respectively based on weighted average shares in issue of 148.3 million, representing an increase of between 40% and 60% compared to the prior comparative period.



Comparison against the profit forecast:

*The forecast earnings per share and headline earnings per share for the year ending 31 December 2015 as detailed in the Prospectus was 27.65 cents per share based on a weighted average number of shares in issue of 92.6 million.

*The earnings per share, headline earnings per share and adjusted earnings per share for the year ending 31 December 2015 is expected to be between 43.1 cents per share and 52.7 cents per share respectively based on weighted average shares in issue of 148.3 million, representing an increase of at least 55% compared to the forecast comparable earnings per share information presented above.



Whilst the Company has considered various IFRS implications in issuing this trading statement, the information disclosed below does not take into account any potential unknown IFRS adjustments that may result from the audit for the year ending 31 December 2015 and a further trading statement may be required in due course. The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors.
27-Nov-2015
(Official Notice)
Anchor will be presenting at the SBG Securities General Financials Conference in Cape Town on Friday, 27 November 2015. The presentation is available on the Anchor website www.anchorgroup.co.za
26-Nov-2015
(Official Notice)
19-Nov-2015
(Official Notice)
Anchor would like to draw attention to a SENS statement released on 19 November 2015 by Astoria.



Astoria is listing on the Alternative Exchange of the JSE on 25 November 2015 and has announced that it has raised an aggregate amount of R1.8 billion through a South African private placement. Anchor Group was a joint bookrunner for the private placement and, through its 100%-owned subsidiary Anchor Capital Mauritius Ltd., has signed an asset management agreement with Astoria to manage the initial R1.8 billion. All these funds will be invested in offshore markets.
14-Oct-2015
(Official Notice)
06-Oct-2015
(Official Notice)
In the interests of transparent communication with shareholders, the Directors of Anchor disclose the following group-wide assets under management and advice at 30 September 2015:



Anchor Group continued to grow its assets under advice and management in the third quarter of 2015 in a local equity market that was marginally down for the period. The total assets at 30 September 2015 were R21.4 billion. Significant growth was experienced in CIS (?Collective Investment Schemes? or unit trusts) and offshore assets under management. Assets under management were up R2.2 billion (+16%) for the quarter and are up R8.5 billion (+116%) year to date. All of the growth in assets under management in the third quarter was of an organic nature.

30-Sep-2015
(Official Notice)
Further to the renewal of cautionary announcement last published on 19 August 2015, the Company is in advanced discussions regarding a potential acquisition and transaction which could have a material impact on the price at which the Company?s securities trade.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the securities of the Company until a further announcement is made.
19-Aug-2015
(Official Notice)
Shareholders are referred to the announcements dated 17 August 2015 and 18 August 2015, where the company announced its intention to issue shares for cash by way of a bookbuild process which would close at 17h00 on Tuesday, 18 August 2015.



The directors of Anchor are pleased to announce that the company received applications for R1.45 billion and hence investors will receive approximately 17% of their application on a pro rata basis. Accordingly, the company has raised R255 000 000 and will issue 20 400 000 shares at 1250 cents per share under its general authority to issue shares for cash. The issue price is at a premium to the 30 day Volume-Weighted Average Price (?VWAP?) of 1193 cents, being the date that the price of the issue of shares under the general authority was agreed. The funds were raised from a broad range of public investors. Successful qualifying investors will be informed shortly regarding their allocation and provided with payment details.



As mentioned in the announcement dated 17 August 2015 the company is in negotiations with a number of parties with regards to acquisitions of varying sizes, and until details of these acquisitions are published, shareholders are advised to continue to exercise caution when dealing in the securities of the company. The above funds, or a portion thereof, will be applied towards the above strategic acquisitions and will be invested in cash and other low- risk alternatives until such time as they are applied to discharge any purchase consideration due for the acquisition/s.



In addition to the information required in terms of paragraph 11.22 of the JSE Listings Requirements, shareholders are advised that this issue would have increased NAV per share from 273c to 393c, based on the last published interim results on 30 June 2015 had the issue taken place on 30 June 2015.



Application will be made for the listing of the 20.4 million new shares following the receipt of the proceeds of the share subscriptions, which will be due by close of business on Wednesday, 26 August 2015. The listing of the shares is expected to be on or about Monday, 31 August 2015.
18-Aug-2015
(Official Notice)
Shareholders are referred to the announcement dated 17 August 2015, where the Company announced its intention to issue shares for cash by way of a bookbuild process which would close at 17h00 on Wednesday, 19 August 2015. Due to an over whelming response, the directors advise that the bookbuild will close early at 17h00 on Tuesday, 18 August 2015. The intended capital raise is R200 million and this amount is already materially oversubscribed at a pricing level of R12.50. Applicants will be advised of the percentage allocation after the closing of the bookbuild.
17-Aug-2015
(Official Notice)
Shareholders are referred to the announcement of the interim results for the six months ended 30 June 2015 published on SENS on 6 August 2015. This included a detailed cautionary announcement regarding the acquisition of an interest in a business in the asset management industry. Shareholders are advised that Anchor is also in negotiations with a number of parties with regard to certain key acquisitions which comprise less than 10% of the Company?s current market capitalisation. Certain of these acquisitions will result in the Company paying a portion of the acquisition price in cash.



The board of directors of Anchor Group (?the board?) wishes to ensure that it has sufficient cash reserves to conclude its predetermined acquisition strategy as well as ensuring that it is well positioned to grow its underlying operations and funds under management into the future.



In anticipation of these negotiations being concluded successfully, the board has authorised the issue of shares under the Company?s general authority to issue shares for cash, at up to a 10% discount to the 30 day Volume-Weighted Average Price (?VWAP?) as traded on the Johannesburg Stock Exchange. The 30 day VWAP as at the close of business on Thursday, 6 August 2015 is 1193 cents per ordinary share. The share placing will be conducted by way of a book build, with a minimum of R500 000 per application, at a minimum placing price of 1100 cents.



The book build will be offered to qualifying investors only through a book build process and does not constitute, nor is intended to constitute, an offer to the public to purchase or subscribe for any shares. A presentation containing more detail on the book build (including pricing) is available on the Presentations page of our website at www.anchorgroup.co.za.



The book build will open with immediate effect and is expected to close by 17h00 on Wednesday, 19 August 2015. The company reserves the right to close the book earlier than this time. Pricing and allocations will be announced as soon as practicable following the closing of the book.



For further information, please contact:

* Matthew Norwood-Young on +27 (0)11 591 0683 or +27 (0)83 6770575, or by way of e-mail at mnyoung@anchorcapital.co.za.
06-Aug-2015
(C)
Revenue shot up 184% to R80.1 million (R28.2 million), while operating profit was 251% higher at R35.8 million (R10.2 million). Income attributable to owners of the parent increased by 311% to R29.2 million (R7.1 million). Headline earnings per share came in at 20.8cps, 81% higher (11.5cps).



Dividend

For the six month period ended 30 June 2015, the company has declared an interim gross dividend (Number 3) of 11 cents per share (2014: 3 cents).



Prospects

The prospects for the remainder of 2015 are positive.

The key driver for the business is assets under management, which averaged R8.8 billion for the six months under review. The second half of the 2015 financial year began with R13.5 billion of assets under management. Assets under management and advice have grown by over R1 billion in July 2015, which is a record month. The results for the forthcoming six month period will also be influenced by:

*The inclusion of RCI for a full six months, compared to one month in the first half of the year.

*The result of the current negotiations which has resulted in the prevailing cautionary announcement.

*The impact on assets under management from a significantly larger distribution force and the progress of Anchor Financial Services.

*The performance of local and global markets and Anchor Capital's relative performance,

*The exchange rate between the Rand and other currencies (we estimate across the business that the Rand hedge component is approximately 70%).

*An increase in shares in issue. The average shares in issue for the second half of 2014 was 85.4 million and the starting shares in issue at 1 July 2015 are 142.2 million. This will be offset by the returns earned on the cash raised by the issue of shares and the subsequent deployment of this capital. The dilutive impact is lower in the second half of this financial year than the period under review.



The Board of Directors is considering a move to the Main Board of the JSE after 31 December 2015.
13-Jul-2015
(Official Notice)
01-Jul-2015
(Official Notice)
Further to the renewal of cautionary announcement last published on 26 May 2015, the Company is in advanced discussions regarding a potential acquisition and transaction which could have a material impact on the price at which the Company?s securities trade.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the securities of the Company until a further announcement is made.
26-Jun-2015
(Official Notice)
Shareholders are advised that the AGM of Anchor was held on 26 June 2015 and all the resolutions proposed at the AGM were passed by the requisite majority. The following information is provided.

*Number of ordinary shares represented at the meeting: 73 599 237

*Total issued number of ordinary shares: 140 295 476

*Percentage of ordinary shares represented at the meeting: 52.46%
15-Jun-2015
(Official Notice)
Shareholders are advised that the Company's integrated annual report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 31 December 2014 and a notice of the annual general meeting (?AGM?) was posted to shareholders on Wednesday, 27 May 2015 and is available on the Company's website: www.anchorgroup.co.za.



Shareholders are advised that the JSE Listings Requirements provide for the publication of results where there are any changes to the annual financial statements, even if these amendments are immaterial. The annual financial statements contain minor rounding differences compared to the results for 31 December 2014 and 31 December 2013 as published in the audited consolidated provisional results for the year ended 31 December 2014 announcement published on SENS on 18 March 2015 (?the provisional results?), but these changes are immaterial to the published provisional results and do not result in any changes to the earnings and headline earnings per share information previously published. The rounding differences occur in various line items in the condensed consolidated statements of financial position, condensed consolidated statements of comprehensive income, statement of changes in equity, condensed consolidated statements of cash flows and segmental information.



Notice of Annual General Meeting and Record Dates

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 10h00 on Friday, 26 June 2015 at 25 Culross Road, Bryanston, to transact the business as stated in the notice of AGM forming part of the integrated annual report. The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the AGM is Friday, 19 June 2015 and the last day to trade in order to be eligible to vote at the AGM is accordingly Thursday, 11 June 2015.
04-Jun-2015
(Official Notice)
Further to the cautionary announcement published on 26 May 2015, shareholders are advised that the Company has concluded a Sale of Shares Agreement (?the Agreement?) with the Haiden Family Trust, Cuross Trust, Cowen Childrens' Trust and AE McConnochie (?the Sellers?) in terms of which Anchor has acquired an initial 66% of the issued share capital of Methwold and the later acquisition of the remaining 34% in Methwold (?the Acquisition?). The Sellers are not related parties to Anchor. The effective date of the acquisition is 1 June 2015.



Terms of the acquisition

The consideration for the acquisition of the 66% shareholding is R91.465 million and is to be settled by means of a cash amount of R72.825 million and the balance of R18.640 million through the issue of 1 864 000 shares at R10.00 per share to the Sellers. Anchor will acquire the remaining 34% of Methwold in four (4) annual tranches based on a price earnings ratio of 8 times audited profit after taxation commencing from the year ending 31 December 2016. The purchase consideration for the remaining 34% has been capped at a maximum of the initial purchase consideration.



Conditions precedent

The Acquisition is subject to conditions precedent including regulatory and board approval, to the extent necessary. The conditions precedent are to be met by 30 June 2015. The Acquisition is categorised as a Category 2 acquisition in accordance with the JSE Listings Requirements and accordingly approval by Anchor shareholders is not required.



Financial information

The net asset value of Methwold is R3.3 million and net profit after tax for the year ended 28 February 2015 was R12.069 million. Had the acquisition been in effect for the year ended 31 December 2014, the pro forma effect on Anchor would have been:

* to increase Headline Earnings Per Share (HEPS) by 20%,

* to increase Adjusted Headline Earnings Per Share (AHEPS) by 18%; and

* to increase shares in issue by 1.3%.



Renewal of cautionary

Anchor is in other acquisition negotiations that, if concluded, may have an impact on the price at which securities are traded. Accordingly, shareholders are advised to continue to exercise caution until a further announcement is made.
26-May-2015
(Official Notice)
Further to the renewal of cautionary announcement last published on 10 April 2015, the Company is in advanced discussions regarding potential acquisitions that could have a material impact on the price at which the Company?s securities trade.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the securities of the Company until a further announcement is made.
10-Apr-2015
(Official Notice)
Further to the renewal of cautionary announcement last published on 25 February 2015, the Company is in advanced discussions regarding a potential acquisition that could have a material impact on the price at which the company?s securities trade. Accordingly, shareholders are advised to continue to exercise caution when dealing in the securities of the Company until a further announcement is made.
26-Mar-2015
(Official Notice)
As a result of material non-disclosures in terms of the Contego Share Sale Agreement, the Board of Directors of Anchor Group have resolved to terminate the agreement to purchase Contego Holdings (Pty) Ltd. Despite the Board?s confidence in Contego Asset Management and the funds they manage, the Board will continue to take a firm stance where contracting parties fail to make material disclosures in acquisitions of this nature.



Anchor also confirm that Anchor Capital is resigning as fund managers of three of the Clarus-branded CIS schemes which it manages on an outsourced basis. The performance of these funds has been excellent since Anchor Capital was contracted to manage them.



Anchor wished to re-iterate that aside from providing asset management services to Clarus Asset Management (they were a client of Anchor Capital), Anchor Group (or any staff member of Anchor Group) has never been in business with Mr Cobus Kellerman. The Anchor Group Board places great emphasis on reputation and the trust associated with our brand and will always maintain strict integrity ahead of potential shorter term financial gains.
24-Mar-2015
(Official Notice)
18-Mar-2015
(C)
The following results are the company's maiden final results since its listing and therefore are incomparable. Revenue came in at R82.4 million and operating profit was R28.6 million. Total comprehensive income attributable to owners was R24.3 million. Furthermore, headline earnings per share of 28.3 cents per share were recorded.



Dividend

As stated, the company has an intention of paying out half of its earnings as a dividend going forward as a listed business.



For the first six month period the company declared an interim gross dividend (Number 1) of 3 cents per share (Nil) for the six months ended 30 June 2014. The dividend was declared out of income reserves.



A final gross dividend (Number 2) has been declared of 12 cents per share (Nil) for the year ended 31 December 2014. The dividend has been declared out of income reserves.



Prospects

The prospects for 2015 are positive. The key driver for the business is assets under management, which averaged R5.1 billion for the period under review. The 2015 financial year began with R8.6 billion under advice and management and this stood at R11 billion at the end of February 2015. The results for the forthcoming year will also be influenced by:

* The issue of 30 million shares on listing (16 September 2014) and a further issue of 40.3 million shares at R6.20 per share on 5 December 2014, which will have an initial dilutive impact on earnings per share until the additional cash balance is deployed, based on the timing and conclusion of acquisitions and the execution of the strategic initiatives,

* The impact on assets under management from a significantly larger distribution force and the launch of Anchor Financial Services,

* The performance of local and global markets and Anchor Capital's relative performance,

* The exchange rate between the Rand and other currencies (we estimate across the business that the Rand hedge base is approximately 70%), and

* An improved performance from Anchor Securities which has now reached critical mass.



In its listing prospectus, Anchor Group published a forecast of headline earnings per share of 27.6c for the financial year ended 31 December 2015. The Board of Directors have released a trading statement indicating that it expects this forecast to be exceeded by at least 20%.



The Board of Directors is considering a move to the Main Board of the JSE during the course of 2015.
18-Mar-2015
(Official Notice)
Shareholders are advised of the following changes to the board of Anchor with immediate effect:

* Mr Todd Kaplan changes his role from Financial Director to Chief Operating Officer;

* Mr David Rosevear is appointed as the new Financial Director;

* Mr Nick Dennis is appointed as an independent non-executive director; and

* Mr Ivan Clark has retired.



18-Mar-2015
(Official Notice)
The company issued a further trading statement for the 12 months ended 31 December 2014 on 10 March 2015. Following the finalisation of the IFRS technical review as part of the audit process earnings are increased. This increase is based on the fair-value profit of the 18% investment in Anchor Capital Cape Town due to the acquisition of the remaining 82%.



Shareholders are advised that the earnings per share will now be higher than the previously anticipated range as published. The previously reported Earnings per Share range of 29 to 31 cents is now expected to increase between 30 and 32 cents, representing an increase of between 315% and 335% on the comparable earnings per share of 7.5 cents for the year ended 2013.



There is no impact on headline earnings per share as previously announced. Headline earnings per share for the year ended 31 December 2014 will range between 27 and 29 cents per share, representing an increase of between 260% and 280%.



Adjusted headline earnings are calculated by the company in order to reflect the sustainable earnings of the group. Adjusted headline earnings per share for the year ending 31 December 2014, will range between 29 and 31 cents per share, representing an increase of between 290% and 310%.



The company expects to release its audited results by close of business on 18 March 2015.
10-Mar-2015
(Official Notice)
25-Feb-2015
(Official Notice)
Further to the announcement made on 19 November 2014, 25 November 2014 and 13 January 2015 respectively, the company is still engaged in negotiations with a number of parties with regards to acquisitions of varying sizes and, until details of these acquisitions are published, shareholders are advised to continue to exercise caution when dealing in the securities of the company.
13-Jan-2015
(Official Notice)
Further to the announcement made on 19 November 2014 and 25 November 2014, the Company is still engaged in negotiations with a number of parties with regards to acquisitions of varying sizes and, until details of these acquisitions are published, shareholders are advised to continue to exercise caution when dealing in the securities of the Company.
08-Dec-2014
(Official Notice)
25-Nov-2014
(Official Notice)
Shareholders are referred to the announcement dated 19 November 2014, where the company announced its intention to issue shares for cash by way of a bookbuild process which would close at 17h00 on Monday, 24 November 2014.



The Directors of Anchor are pleased to announce that the company received applications for R548.2 million and hence investors received 45.6% of their application on a pro rata basis. Accordingly, the company has raised R249 955 950 and will issue 40 315 476 shares at 620 cents per share under its general authority to issue shares for cash. The issue price approximates the 30 day Volume-Weighted Average Price ("VWAP") of 622 cents, being the date that the price of the issue of shares under the general authority was agreed. The funds were raised from a broad range of public investors including various divisions of Investec, PSG, Sanlam, Imara, Laurium Capital, FNB, Peregrine and Independent Securities. Successful qualifying investors will be informed shortly regarding their allocation and provided with payment details.



As mentioned in the announcement dated 19 November 2014 the company is in negotiations with a number of parties with regards to acquisitions of varying sizes, and until details of these acquisitions are published, shareholders are advised to continue to exercise caution when dealing in the securities of the company. The above funds, or a portion thereof, will be applied towards the above strategic acquisitions and will be invested in cash and other low-risk alternatives until such time as they are applied to discharge any purchase consideration due for the acquisition/s.



In addition to the information required in terms of paragraph 11.22 of the JSE Listings Requirements, shareholders are advised that this issue would have increased NAV per share from 29.9c to 258.2c, based on the last published interim results on 30 June 2014 had the issue taken place on 30 June 2014.



Application will be made for the listing of the 40.3 million additional shares following the receipt of the proceeds of the share subscriptions, which will be due by close of business on Friday, 28 November 2014. The listing of the shares is expected to be on or about Friday, 5 December 2014.
25-Nov-2014
(Official Notice)
Shareholders are referred to the announcement dated 19 November 2014, where the company announced its intention to issue shares for cash by way of a bookbuild process which would close at 17h00 on Monday, 24 November 2014.



The Directors of Anchor are pleased to announce that the company received applications for R548.2 million and hence investors received 45.6% of their application on a pro rata basis. Accordingly, the company has raised R249 955 950 and will issue 40 315 476 shares at 620 cents per share under its general authority to issue shares for cash. The issue price approximates the 30 day Volume-Weighted Average Price ("VWAP") of 622 cents, being the date that the price of the issue of shares under the general authority was agreed. The funds were raised from a broad range of public investors including various divisions of Investec, PSG, Sanlam, Imara, Laurium Capital, FNB, Peregrine and Independent Securities. Successful qualifying investors will be informed shortly regarding their allocation and provided with payment details.



As mentioned in the announcement dated 19 November 2014 the company is in negotiations with a number of parties with regards to acquisitions of varying sizes, and until details of these acquisitions are published, shareholders are advised to continue to exercise caution when dealing in the securities of the company. The above funds, or a portion thereof, will be applied towards the above strategic acquisitions and will be invested in cash and other low-risk alternatives until such time as they are applied to discharge any purchase consideration due for the acquisition/s.



In addition to the information required in terms of paragraph 11.22 of the JSE Listings Requirements, shareholders are advised that this issue would have increased NAV per share from 29.9c to 258.2c, based on the last published interim results on 30 June 2014 had the issue taken place on 30 June 2014.



Application will be made for the listing of the 40.3 million additional shares following the receipt of the proceeds of the share subscriptions, which will be due by close of business on Friday, 28 November 2015. The listing of the shares is expected to be on or about Friday, 5 December 2014.
19-Nov-2014
(Official Notice)
Shareholders are advised that Anchor is in negotiations for with a number of parties with regard to acquisitions of varying sizes. Certain of these potential acquisitions may result in the company paying a portion of the acquisition price in cash.



In anticipation of these negotiations being concluded successfully, the board of directors of Anchor ("the Board") has authorised the issue of shares under the company's general authority to issue shares for cash, at up to a 10% discount to the 30 day Volume-Weighted Average Price ("VWAP") as traded on the Johannesburg Stock Exchange. The 30 day VWAP as at the close of business on Tuesday, 18 November 2014 is 622 cents per ordinary share. The share placing will be conducted by way of a book build, with a minimum of R500 000 per application.



Anchor believes that the book build should have the added benefit of enhancing the liquidity of its shares.



The book build will be offered to qualifying investors only through a book build process and does not constitute, nor is intended to constitute, an offer to the public to purchase or subscribe for any shares. A presentation containing more detail on the book build (including pricing) is available on the Presentations page of our website at www.anchorgroup.co.za.



The book build will open with immediate effect and is expected to close by 17h00 on Monday, 24 November 2014. Pricing and allocations will be announced as soon as practicable following the closing of the book.



Anchor Capital is acting as sole book runner for the book build. For further information, please contact Matthew Norwood-Young on +27 (0)11 591 0683 or +27 (0)83 6770575, or by way of e-mail at mnyoung@anchorcapital.co.za.



In light of the above mentioned negotiations, shareholders are advised to exercise caution when dealing in the securities of the company until a further announcement is made, as the proposed acquisition/s, if concluded successfully, may have a material effect on the price at which the company's securities trade.
09-Oct-2014
(Official Notice)
Shareholders are advised that Anchor has entered into a Memorandum of Understanding for the acquisition of the remaining shareholding in Anchor Capital Cape with effect from 1 September 2014 ("the Acquisition"). The vendors are not related parties to Anchor but are key management of Anchor Capital Cape.



The Acquisition is subject to certain conditions precedent, including any regulatory approvals, the conclusion of a service and restraint agreement with Mr H Hopking, one of the vendors of Anchor Capital Cape and the completion of formal legal agreements including a profit warranty and normal warranties for a transaction of this nature.



Anchor currently holds 18% in Anchor Capital Cape and will hold 100% pursuant to the acquisition. The purchase price is capped at R20.7 million and will be settled through the issue of Anchor shares following the completion of an earn-out period commencing 1 September 2014 until 31 December 2016. This acquisition is not categorised in terms of the JSE Listings Requirements, being less than 5% of the current market capitalisation of Anchor.



The acquisition of Anchor Capital Cape is part of the strategy of Anchor to grow its asset management business as well as ensuring that key management is retained and incentivised through ownership in Anchor.



Anchor Capital Cape was established in 2012 and operates as a juristic representative of Anchor Capital Proprietary Limited. It has grown steadily since inception and currently has over R700 million of assets under management and advice.

29-Sep-2014
(C)
This is Anchor's maiden interim result since listing on the JSE. Revenue came in at R28.2 million while operating profit was calculated at R10.2 million. Income attributable to owners of the parent was R7.1 million. Headline earnings per share came in at 11.49cps



Dividend

The company has an intention of paying out half of its earnings as a dividend going forward as a listed business. For the period under review the company has declared an interim gross dividend (Number 1) of 3 cents per share (2013: Nil) for the six months ended 30 June 2014.



Prospects

The prospects for the second half of the 2014 financial year are positive. The key driver for the business is assets under management, which averaged R3.7bn for the period under review. The second six month period of 2014 began with assets under management of R4.6bn and they are currently R6bn. The results for the second six months will also be influenced by:

*The issue of a further 30 million shares, which will have a dilutory impact on earnings per share until the additional cash balance is deployed,

*The performance of local and global markets,

*The exchange rate between the Rand and other currencies (we estimate across the business that the Rand hedge base is approximately 60%), and

*An improved performance from Anchor Securities which has now reached critical mass.



In its listing prospectus, Anchor Group published a forecast of headline earnings per share of 21.72c for the financial year ended 31 December 2014 and 27.61c for the financial year ended 31 December 2015.
15-Sep-2014
(X)
Anchor was incorporated as a private company under the name Andotorque Investments (Pty) Ltd. and was converted to a public company and changed its name to Anchor Group Ltd. on 23 July 2014. The special resolutions were registered by CIPC on 25 August 2014.



The long term strategy of the Anchor Group is to become a major player in South African asset management and related services through Anchor Capital, while in the knowledge sector the intention is to globalise the business and provide services to international listed businesses.



The core business of Anchor is divided into two distinct areas:

* Asset Management

This business is conducted by Anchor Capital (www.anchorcapital.co.za), which is a five year old asset management business and a registered Financial Services Provider. This business contributes the majority of the earnings of the Group. The Group is also a minority investor in the newly-formed Cartesian Capital and Anchor Securities holding 19.9% and 25% respectively.



* The business of knowledge

Established 13 years ago, this business is conducted by Ripple Effect 4 (www.re4.co.za), which is a business that conducts training, information services and outsourced research, primarily in the financial services sector.


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox