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18-Oct-2018
(Official Notice)
Shareholders are advised that Mr Tim Jacobs has resigned as acting Chief Financial Officer (?CFO?) of Altron to assume a permanent CFO role at a multinational group, as from 19 October 2018. Mr Andrew Holden, the current Chief Operating Officer (?COO?) of Altron will assume the joint role of COO and acting CFO on 19 October 2018. Mr Holden has extensive experience in the ICT sector, having been with the Altron group for the past 24 years.



Shareholders are further advised that the recruitment process of identifying a permanent CFO is progressing.
25-Sep-2018
(Official Notice)
31-Aug-2018
(Official Notice)
Shareholders are referred to previous communication with regard to the appointment of Mr Tim Jacobs as acting chief financial officer (?CFO?) of Altron. The recruitment process of identifying a permanent CFO remains ongoing. As a result, Mr Jacobs will remain in his role until 28 February 2019.
30-Aug-2018
(Official Notice)
Shareholders are referred to the announcement released on SENS on 11 June 2018, relating

to the acquisition by Altron of the entire issued share capital of iS Partners (Pty) Ltd.

("iS Partners"), including its primary subsidiaries, Karabina Solutions (Pty) Ltd. and

Zetta Business Solutions (Pty) Ltd. ("the Transaction").



Shareholders are hereby notified that all conditions precedent to the Transaction as set out in

the Share Sale Agreement ("the agreement") have either been fulfilled or waived, as the case

may be. Accordingly, the Transaction is now unconditional in accordance with the terms of the

agreement, with the effective date being 1 September 2018.

01-Aug-2018
(Official Notice)
Shareholders are advised that the results of the business conducted at the Altron annual general meeting held on Wednesday, 1 August 2018 at 09:00 in the Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg are as follows:

* The proposed ordinary resolution number 2.6 as set out in the notice of annual general meeting, relating to the re-election of Dr WP Venter, was withdrawn prior to the commencement of the annual general meeting. This is in line with Dr Venter?s retirement as non-executive director on the Altron Board, with effect from 31 July 2018.



Accordingly, all the resolutions as set out in the notice of annual general meeting, save for the above withdrawal, were passed by the requisite majority of votes. The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.



Change in function of director

Subsequent to the passing of ordinary resolutions number 4.1 to 4.3, Mr MJ Leeming stepped down as a member of the Altron audit committee with effect from the end of the annual general meeting. The Altron audit committee members with effect from 1 August 2018 are Messrs GG Gelink (chairman) and SW van Graan and Ms BJ Francis.
31-Jul-2018
(Official Notice)
Shareholders are advised that Dr WP Venter, Chairman Emeritus and the founder of Altron 53 years ago, has taken the decision to retire as non-executive director of the Altron Board, with effect from 31 July 2018.
26-Jul-2018
(Official Notice)
Shareholders are referred to the previous announcements released on SENS on 15 November 2017, 4 April 2018 and 15 June 2018, respectively, relating to the disposal by Altron, through various of its subsidiaries, of its interest in the Powertech Transformers group on the terms and conditions applicable thereto (?the Transaction?).



Shareholders are hereby notified that all conditions precedent to the Transaction as set out in the Share Purchase Agreement (?SPA?) have either been fulfilled or waived, as the case may be. Accordingly, the Transaction is now unconditional in accordance with the terms of the SPA and will close on the effective date of 31 July 2018.
26-Jun-2018
(Official Notice)
21-Jun-2018
(Official Notice)
The Altron board announced to shareholders the appointment of Ms Berenice Francis as non-executive director with effect from 21 June 2018. Ms Francis will also serve as a member of the Altron Audit Committee and the Altron Risk Management Committee with effect from 21 June 2018.
15-Jun-2018
(Official Notice)
Shareholders are referred to the announcements released on SENS on 15 November 2017 and 4 April 2018 relating to the disposal by Altron, through various of its subsidiaries, of its interest in the Powertech Transformers group on the terms and conditions applicable thereto.



As certain conditions precedent to the transaction are still being attended to, the parties have mutually agreed on an extension for the transaction to close by 31 July 2018. Altron has been provided with additional contractual assurances from the purchaser with regard to their commitment to finalising this transaction.
11-Jun-2018
(Official Notice)
08-Jun-2018
(Official Notice)
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Ltd. Listings Requirements, notice is hereby given that the Company?s annual compliance report, for the financial year ended 28 February 2018, has been submitted to the Broad-Based Black Economic Empowerment Commission in terms of section 13G(2) of the Act and is available on the Company?s website (www.altron.com).
10-May-2018
(C)
Revenue from continuing operations increased by 6% to R14.7 billion (2017: R13.9 billion), operating profit before capital items rose by 8% to R783 million (2017: R728 million) and profit for the year from continuing operations was 1% higher at R421 million (2017: R415 million). Furthermore, headline earnings per share from continuing operations increased by 4% to 119 cents per share (2017: 114 cents per share).



Dividend

The board has considered it's dividend policy and intends adopting a 2.5 times cover going forward. An interim dividend will be declared for the period ending 31 August 2018.



Company outlook

Altron is now well-positioned for growth and to execute on its One Altron strategy of offering end-to-end solutions to its vast customer base. We continue to focus on organic growth, supplemented by selective acquisitions. In particular:

*Altech Netstar will make a step change in fleet management and telematics growth on the back of breakthroughs in our routes-to-market;

*we are building a Microsoft practice focusing on cloud computing, data analytics and security. These fourth industrial revolution capabilities are being built organically and through acquisitions;

*we have developed a Smart City blueprint in collaboration with key players in the local government space. This blueprint has a strong bias towards safety, security and healthcare. The broadband infrastructure being rolled out by Altech Radio Holdings is a key enabler;

*we will accelerate our cybertech offering, leveraging our competitive advantage where Altron has already had wins both in the SA and UK markets; and

*where we have a presence in African countries we will add to our range of activities to include the full suite of Altron's solutions for our customers.



12-Apr-2018
(Official Notice)
04-Apr-2018
(Official Notice)
Shareholders are referred to the announcement released on SENS on 15 November 2017 relating to the disposal by Altron, through various of its subsidiaries, of its interest in the Powertech Transformers group on the terms and conditions applicable thereto.



Meaningful progress has been made with regard to the fulfilment of the conditions precedent to the transaction. The last of the conditions precedent is expected to be fulfilled by 31 May 2018.



Shareholders will be kept informed should this transaction be finalised prior to the said date.
01-Mar-2018
(Official Notice)
Shareholders are referred to the announcement on SENS on 1 December 2017 regarding the resignation of the group CFO and are hereby advised that the Altron Board has appointed Mr Tim Jacobs as acting group CFO, with effect from 1 March 2018, until such time as a permanent appointment is made.



Shareholders will be advised once a permanent candidate has been appointed to the group CFO position.
22-Feb-2018
(Official Notice)
Shareholders are referred to the announcement released by the company on SENS on 15 December 2017 with regard to the Competition Commission investigation into three Altron subsidiaries, together with 12 other businesses, with respect to the award of the Digital Terrestrial Television (?DTT?) Set-Top Box tender issued by the South African Government in 2014 (?the DTT tender?).



Altech UEC, one of the Altron subsidiaries referred to, responded to the DTT tender in 2014, but was ultimately unsuccessful in its bid to secure the tender. Subsequent to the Competition Commission inquiry, Altron appointed Bowmans, an external legal firm, to conduct an independent investigation into the allegations.



Bowmans has subsequently finalised its investigation into the Altron subsidiaries? alleged collusion in the award of the DTT tender and has concluded that in their opinion there was no anti-competitive conduct on the part of these entitles, particularly with regard to tender collusion and/or price fixing. The Altron Board is satisfied with this finding and again confirms that Altron obeys the laws and regulations of all countries in which it operates and remains committed to uncompromising ethical business practices through stringent corporate governance.
15-Dec-2017
(Official Notice)
01-Dec-2017
(Official Notice)
Shareholders are advised of the resignation of the Group Chief Financial Officer, Mr Alex Smith, with effect from 28 February 2018. Mr Smith leaves the company after 12 years of service, 9 years of which was served on the Altron board, in order to pursue other opportunities.



An announcement with regard to the appointment of a new Group Chief Financial Officer will be made early in the new year. Mr Smith will work closely with the new Group Chief Financial Officer during a handover period.
15-Nov-2017
(Official Notice)
26-Oct-2017
(C)
Revenue from continuing operation for the interim period decreased by 10% to R6.792 billion (2016: R7.537 billion), earnings before interest, tax, depreciation and amortisation ("EBITDA") increased by 2% to R452 million (2016: R445 million), result from operating activities fell to R318 million (2016: R336 million), profit for the period from continuing operations weakened to R170 million (2016: R187 million), while headline earnings per share from continuing operations was 13% lower at 47 cents per share (2016: 54 cents per share).



Outlook

The focus of the remainder of the current financial year is to position the group to deliver on its growth targets going forward by completing the process of focusing the group squarely into the ICT sector and completing the restructuring and realignment exercises.



Conditions remain challenging in the South African economy but we remain confident that our continuing operations will generate growth over the prior period. Our recent investments into international markets are aligned with the strategic intention to geographically diversify earnings, with a focus on businesses with a high element of annuity income, and these should make a contribution to the second half of the year.



The closing out of the disposal of the remaining non-core assets remains a priority in order to release further capital to strengthen the balance sheet and enable further investment in the core ICT assets. Much has been achieved in the first half of the financial year and the board is confident that the group is well positioned to complete its initiatives for the current financial year.
20-Oct-2017
(Official Notice)
Shareholders are referred to the trading statement released by the company on SENS on 13 September 2017. Shareholders are now advised that a reasonable degree of certainty exists that in respect of the company?s total operations basic earnings per share for the six months ended 31 August 2017 will be a profit of 22 ? 23 cents (as against the previous corresponding period profit of 6 cents).



Altron?s interim results for the financial half-year ended 31 August 2017 are expected to be announced on 26 October 2017.
29-Sep-2017
(Official Notice)
Shareholders are advised that Bytes UK, a wholly owned subsidiary of Allied Electronics Corporation Ltd. (?Altron?), has entered into a share purchase agreement (?SPA?) to acquire 100% of the issued share capital of Blenheim on terms and conditions more fully set out in the SPA and as summarised below (?the Transaction?).



The salient terms and conditions of the Transaction are as follows:

- Bytes UK will acquire the issued share capital of Blenheim for a consideration of GBP35.9 million;

- Blenheim is the holding company of Phoenix Software Ltd. (?Phoenix Software?), a business focussed on the resale of software products and associated services; and

- standard warranties and indemnities associated with transactions of this nature will be provided by Blenheim.



The Transaction is not subject to the fulfilment or waiver of any outstanding conditions precedent.



Effective date of transaction

The Transaction between Bytes UK and Blenheim will become effective as per the SPA by no later than 1 October 2017.



Consideration

The purchase consideration to be paid by Bytes UK as a result of the Transaction will be a total cash consideration of GBP35.9 million (?the Purchase Consideration?). The Transaction will be funded from a combination of cash resources in Bytes UK, existing group facilities and a new trade finance facility in Bytes UK.



Conditions precedent

The Transaction is not subject to the fulfilment or waiver of any outstanding conditions precedent.
26-Sep-2017
(Official Notice)
Shareholders are advised that following the restructuring of the Altron board, the following changes in function of directors have been confirmed on 22 September 2017, with the sub-committees of the board comprising the following individuals:



Risk Management Committee: RE Venter (Chairman), SW van Graan, DNM Mokhobo, M Nyati and AMR Smith



Nomination Committee: MJ Leeming (Chairman), GG Gelink, Dr PM Maduna, AC Ball, RE Venter



Remuneration Committee: AC Ball (Chairman), GG Gelink, MJ Leeming, Dr PM Maduna, RE Venter



Social and Ethics Committee: DNM Mokhobo (Chairperson), SW van Graan, M Nyati



Investment Committee: S Sithole (Chairman), BW Dawson, RE Venter, SW van Graan, M Nyati, AMR Smith



13-Sep-2017
(Official Notice)
04-Aug-2017
(Official Notice)
Shareholders are advised that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listing Requirements, the company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act, 46 of 2013, has been published and is available on the company?s website at www.altron.com



28-Jul-2017
(Official Notice)
Shareholders are advised that the Competition Commission has approved the disposal of PTSI, to EOH. PTSI forms part of Altron?s Power Technologies Group (?Powertech?). The disposal of PTSI is part of the implementation of Altron?s business strategy to focus on its information technology and telecommunications business and exit its non-core operations.



PTSI is a system engineering business which operates predominantly in the power and energy sectors with customers that include power utilities and large power users in South Africa and Sub- Saharan Africa. Its engineering solutions include secondary plant for substation automation, network planning and control software, mobile workforce and asset management systems, and systems for advanced and smart metering infrastructure.
17-Jul-2017
(Official Notice)
Altron shareholders are advised that the results of the business conducted at the annual general meeting held on Monday, 17 July 2017 at 09:30 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg are as follows.



Ordinary resolution number 6, relating to the general authority to allot and issue shares for cash, was withdrawn prior to the commencement of the annual general meeting. This was in line with feedback from the company?s shareholders who hold the view that the intrinsic value of Altron?s share exceeds its current share price.



Accordingly, all the resolutions as set out in the notice of annual general meeting, save for the above withdrawal, were passed by the requisite majority of votes.



The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.
10-Jul-2017
(Official Notice)
Shareholders are advised that Powertech, a wholly-owned subsidiary of Altron, has entered into an agreement whereby it will dispose of Crabtree Electrical Accessories (?Crabtree?) to Siemens AG. The disposal of Crabtree is part of the implementation of Altron?s business strategy to focus on its information technology and telecommunications business and exit its manufacturing operations. The transaction is subject to the grant of approvals by the relevant competition authorities.
03-Jul-2017
(Official Notice)
Shareholders are referred to the announcement released by the company on SENS on 1 November 2016 advising that Powertech, a subsidiary of Altron, has entered into a binding offer (?the Offer?) with Trinitas, whereby Powertech Industries (Pty) Ltd. will dispose of the Powertech Batteries business to Trinitas on terms and conditions more fully set out in the Offer as summarised in the announcement on 1 November 2016. Shareholders are advised that all conditions precedent have been met and that the transaction has become effective.
14-Jun-2017
(Official Notice)
Altron?s shareholders are advised that an annual statutory report of the company for the financial year ended 28 February 2017, which incorporates, inter alia, the preliminary audited summarised consolidated financial statements for the year ended 28 February 2017 and the notice of the Annual General Meeting, was distributed to Altron shareholders on Wednesday, 14 June 2017. The complete set of audited consolidated annual financial statements (including the external auditor, Altron audit committee and directors reports for the financial year ended 28 February 2017), plus Altron?s corporate governance and remuneration reports, are all available on Altron?s website www.altron.com/iar2017.



The complete audited consolidated annual financial statements which appear on the company?s website, contain no changes or modifications to the audited results which were released on the Stock Exchange News Service on Thursday, 11 May 2017. KPMG Inc. audited the annual financial statements of Altron and their report is available for inspection at the registered office of the company.



Altron 2017 Integrated Annual Report

Altron?s shareholders are also advised that the company?s 2017 integrated annual report for the financial year ended 28 February 2017, has today been posted on Altron?s website at www.altron.com/iar2017. As a leading ICT company with a key focus on innovation, the decision by the board again this year to only produce an online report is not only in line with our ethos of being technology leaders, but also demonstrates the Altron group?s commitment to reducing its overall environmental footprint. In the event that shareholders still wish to receive an electronic version (PDF) of the company?s 2017 integrated annual report, this can be requested from Altron?s sustainability department at pvdwalt@altron.com or on 011-345-3646 or is available on-line at the aforementioned website address.



Annual General Meeting

Notice is hereby given that the 71st Annual General Meeting of the company will be held at 09:30 on Monday, 17 July 2017 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg, to transact the business as stated in the notice of the Annual General Meeting forming part of the annual statutory report.
31-May-2017
(Official Notice)
Shareholders are referred to the Preliminary Summarised Audited Consolidated Financial Statements for the year ended 28 February 2017, incorporating the Message to Shareholders, released on SENS on 11 May 2017 (?the announcement?). The announcement indicated that further details of the company?s annual general meeting, to be held on 17 July 2017, will be contained in Altron?s annual statutory report to be posted to shareholders on or about 31 May 2017.



Shareholders are now advised that given the finalisation of an amendment to the rules of The Altron 2009 Share Plan, which amendment will be presented for approval by shareholders at the company?s annual general meeting, Altron?s annual statutory report will be posted to shareholders on or about 14 June 2017.
29-May-2017
(Official Notice)
Shareholders are advised that in line with previous announcements by Altron with regard to the restructuring of the board, Messrs MC Berzack, JRD Modise and SN Susman will retire as non-executive directors from the board with effect from 31 May 2017. The board takes this opportunity to thank Messrs MC Berzack, JRD Modise and SN Susman for their valuable contribution made to the group during their respective tenures on the Altron board.
22-May-2017
(Official Notice)
The Altron board announced to shareholders the appointment of Mr Brett Dawson as non-executive director with effect from 1 June 2017.
18-May-2017
(Official Notice)
Shareholders are referred to the Preliminary results which were released on SENS on 11 May 2017. In note 8 the listed share capital of Altron following the Post Balance Sheet Events increased to 398 million in total and 370 million, net of treasury shares as set out in the Circular issued to shareholders on 3 February 2017. As the above does not affect the Summarised Consolidated Statement of Comprehensive Income, the Summarised Consolidated Balance Sheet nor the Summarised Consolidated Statement of Changes in Equity, this does not constitute a Change Statement and will be included appropriately in the Integrated Annual Report.
11-May-2017
(Official Notice)
The Altron board announces to shareholders the appointment of Mr Stewart van Graan as non-executive director with effect from 1 June 2017.











11-May-2017
(C)
28-Apr-2017
(Official Notice)
03-Apr-2017
(Permanent)
Altron delisted the N ordinary shares from the JSE as of 4 April 2017.
03-Apr-2017
(Official Notice)
The definitions and interpretations commencing on page 6 of the Circular to shareholders dated Thursday, 9 February 2017 have been used in this SENS announcement.



Shareholders are referred to the finalisation announcement released on SENS on Friday, 17 March 2017 confirming that all conditions precedent to the Restructure had been fulfilled and the implementation of the Restructure had commenced.



Cancellation and delisting of N shares

Following the fulfilment of the Repurchase Scheme Conditions, the Repurchase Scheme has now been implemented and all of the issued N Shares have been cancelled as issued N Shares and reinstated as authorised but unissued N Shares. The N Shares cancelled represented 100% of the issued N Share capital of the Company immediately prior to such cancellation. Following the cancellation, the issued N Share capital of Altron is nil. Application will be made to CIPC to cancel the authorised N Shares and remove the N Shares from the Memorandum of Incorporation.



The N Shares will be delisted from the JSE with effect from the commencement of business on Tuesday, 4 April 2017.
30-Mar-2017
(Official Notice)
The definitions and interpretations commencing on page six of the Circular to shareholders dated Thursday, 9 February have been used in this SENS announcement. Shareholders are referred to the finalisation announcement released on SENS on Friday, 17 March 2017 confirming that all conditions precedent to the Restructure had been fulfilled and the implementation of the Restructure had commenced.



Fractional entitlement

Where an N Shareholder?s entitlement to A Shares issued in terms of the Repurchase Scheme Consideration, calculated on the basis of nine A Shares for every 10 N Shares held on the Repurchase Scheme Record Date, being Friday, 31 March 2017, results in a fractional Share entitlement, such fraction of an A Share will be rounded down to the nearest whole number, resulting in allocations of whole A Shares and a cash payment will be made to the N Shareholder for the fraction.



In accordance with the Listing Requirements, the cash payment has been determined with reference to the weighted average traded price of the A Share traded on the JSE on Wednesday, 29 March 2017 (being the day after the last day to trade in the N shares), discounted by 10%. Shareholders are accordingly advised that the basis applicable in determining the cash payment for fractional entitlements is 974.38791 cents (1 082.65323 cents discounted by 10%).
22-Mar-2017
(Official Notice)
Shareholders are advised that Mr Nyati will assume the position of Altron Chief Executive with effect from 1 April 2017. Mr Venter will work closely with Mr Nyati during his handover period and the board looks forward to Mr Venter?s on-going participation as a non-executive director on the Altron board.
17-Mar-2017
(Official Notice)
Shareholders are referred to the announcement released on SENS on 10 March 2017 confirming that all special and ordinary resolutions proposed at both the N Shareholder Meeting and Special General Meeting were passed by the requisite majority of votes. Shareholders are further referred to the Circular, which should be read in its entirety for a full understanding of the Restructure.



The board advised that all conditions precedent to the Restructure have been fulfilled earlier than anticipated and that the Restructure is therefore fully unconditional. Shareholders are advised that the Restructure will now be implemented in accordance with the following revised Salient Dates and Times.



Revised salient dates and times

*Last day to trade in the N shares in order to be recorded in the register on the repurchase scheme record date - Tuesday, 28 March 2017

*N shares suspended from trading on the JSE with effect from the commencement of business on - Wednesday, 29 March 2017

*Announcement released on SENS in respect of the cash payment applicable to fractional entitlements to the repurchase scheme consideration, based on the VWAP of an A share traded on the JSE on Wednesday, 29 March 2017, discounted by 10%, on - Thursday, 30 March 2017

*Repurchase scheme record date - Friday, 31 March 2017

*Dematerialised N shareholders? accounts with their CSDP or Broker credited with the repurchase scheme consideration on the repurchase scheme operative date on or about - Monday, 3 April 2017

*Certificated N shareholders? repurchase scheme consideration posted by registered post at the risk of Certificated N shareholders on the repurchase scheme operative date on or about - Monday, 3 April 2017

*Subscription shares issued to VCP and the New High Voting share issued to the Venter Family Entity with effect from the commencement of business on - Monday, 3 April 2017

*Announcement released on SENS in respect of the delisting of the N shares - Tuesday, 3 April 2017

*N shares delisted from the JSE with effect from the commencement of business on - Tuesday, 4 April 2017

09-Mar-2017
(Official Notice)
07-Mar-2017
(Official Notice)
In accordance with Section 3.59 of the JSE Listings Requirements and in line with Altron?s publicly announced strategy to move from a family controlled and managed business to an independent management structure, the Altron Board is pleased to announce to shareholders the appointment of Mr Mteto Nyati as Altron Chief Executive from latest 1 July 2017.



Shareholders are further advised that after 27 years with the Altron group and 16 years as Chief Executive, Mr Robbie Venter will step down as Altron Chief Executive in due course. Mr Venter will remain on the Altron Board as a non-executive director to continue to provide his wealth of knowledge and experience to the company.

07-Mar-2017
(Official Notice)
23-Feb-2017
(Official Notice)
Shareholders are advised that:



Change in board responsibility:

As previously announced, Dr WP Venter, the founder of Altron 51 years ago, has decided to retire as non-executive chairman of the Altron board, with effect from 28 February 2017. Dr Venter will assume a non-executive director role on the board, as Chairman Emeritus, with effect from 1 March 2017.



Appointment of Chairman:

The board is announces that Mr MJ Leeming has been appointed as independent non-executive chairman of the Altron board, with effect from 1 March 2017.



Mr Leeming has been an independent non-executive director on the Altron board since 2002 and has served as lead independent director since 2009. Mr Leeming has extensive experience in the banking sector and has served as a non-executive director on the boards of a number of listed companies.



Appointment of group company secretary:

Shareholders are referred to the announcement released by Altron on SENS on 15 November 2016, advising that Mr WK Groenewald was appointed as the interim group company secretary of Altron.



Shareholders are now advised that Mr Groenewald has been appointed as the group company secretary of Altron, with effect from 1 March 2017.





09-Feb-2017
(Official Notice)
03-Feb-2017
(Official Notice)
Shareholders are referred to the detailed cautionary announcement released by Altron on the Stock Exchange News Service (?SENS?) on 6 December 2016 (?Detailed Cautionary Announcement?), relating to the in-principle agreement between the Company and Value Capital Partners (Pty) Ltd (?VCP?) regarding, inter alia, the:

*collapse of the Company?s historical dual share capital structure and the removal of the Venter Family?s absolute voting control over the Company;

*subscription by the Venter Family for a new high voting share which will entitle the Venter Family to exercise 25.0% plus one vote at any shareholders' meeting for as long as the Venter Family owns in excess of 10.0% of the ?A? class shares in the Company;

*introduction of VCP as a new strategic partner, which is expected to be a catalyst in driving shareholder value creation by accelerating the Company?s growth initiatives within its core IT operations; and

*appointment of VCP?s co-founders, Antony Ball and Samuel Sithole, to the board of directors of Altron as non-executive directors.



(collectively, the ?Proposed Transaction?)

In the Detailed Cautionary Announcement, Altron cautioned shareholders that the implementation of the Proposed Transaction was subject to regulatory approvals. At that point in time Altron had no certainty that the regulatory approvals would be obtained. Based on in-principle confirmations and approvals received from the relevant regulators, Altron is now reasonably certain that all required regulatory approvals will be obtained. As a result of the in-principle confirmations and approvals obtained, the Company intends to pursue implementation of the Proposed Transaction and issue the related circular in due course.



Shareholders are referred to the Detailed Cautionary Announcement released by the Company on SENS on 6 December 2016 and are advised that caution is no longer required to be exercised by shareholders when dealing in Altron?s securities.





24-Jan-2017
(Official Notice)
Shareholders are referred to the detailed cautionary announcement released by the company on SENS on 6 December 2016. Shareholders are further advised to exercise caution in dealing with the Company?s securities until a further announcement is made.
19-Dec-2016
(Official Notice)
Shareholders are referred to the announcement released by Altron on SENS on 20 April 2016 advising that IST Holdings, a wholly owned subsidiary of Power Technologies (Pty) Ltd. ("Powertech") has entered into an agreement of sale ("the Agreement") with the Purchaser, in terms whereby IST Holdings will dispose of, inter alia, certain immovable property situated in Pretoria to the Purchaser on terms and conditions more fully set out in the Agreement and as summarised in the announcement on 20 April 2016.



Shareholders are advised that the immovable property has now been registered in the name of the Purchaser and that cash proceeds totalling R107 million have been received by the company.
08-Dec-2016
(Official Notice)
In accordance with Section 3.83(b) of the JSE Listings Requirements, Altron hereby confirms that the company has received a notice in terms of Section 122 of the Companies Act, 2008 (Act No. 71 of 2008).



The Public Investment Corporation (SOC) Ltd has informed Altron that it has disposed of 13 640 907 Altron N ordinary shares on behalf of its clients, which equates to 5.16% of the total issued N ordinary share capital of the company.



Following the notice which was dated 2 December 2016, the Public Investment Corporation (SOC) Ltd now holds 4.47% of the issued N ordinary share capital of the company.
06-Dec-2016
(Official Notice)
06-Dec-2016
(Official Notice)
Shareholders are advised that the company has entered into negotiations which if successfully concluded may have a material effect on the company?s securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made.
15-Nov-2016
(Official Notice)
Shareholders are referred to the announcement released by Altron on SENS on 30 August 2016, advising that Mr AG Johnston would be resigning as the group company secretary of Altron with effect from 15 November 2016.



Shareholders are advised that with effect from 16 November 2016, Mr WK Groenewald will be appointed as the interim group company secretary of Altron. A further announcement regarding the appointment of a permanent group company secretary will be made in due course.





01-Nov-2016
(Official Notice)
19-Oct-2016
(C)
Revenue from continuing operations increased by 10% to R7.5 billion (2015: R6.8 billion). Earnings per share before interest, tax, depreciation and taxation (EBITDA) grew by 18% to R445 million (2015: R378 million). Operating profit before capital items was 16% higher at R337 million (2015: R291 million). Total comprehensive loss attributable to Altron equity holders narrowed to R141 million (2015: loss of R459 million). Furthermore, headline earnings per share improved by 10% to 54 cents per share (2015: 49 cents per share).



Outlook

The group had made good progress in refocusing the Altron group in line with its stated strategy over the last six months and as a result have been able to significantly reduce the debt levels of the group to sustainable levels. Nevertheless, the disposal of the remaining non-core assets remains the group's main priority in order to release capital to further strengthen the balance sheet and enable further investment into the core businesses.



The results in the core businesses have been pleasing, particularly in the context of difficult and uncertain local economic conditions. The group does not anticipate any significant change in the local environment, with conditions likely to remain challenging, but our core businesses have shown their resilience over the past two years. The group's main offshore presence in the UK faces its own economic challenges given the recent Brexit decision. While this may dampen economic confidence in the region, it is not expected to have a material impact on these businesses, although the weaker Pound will impact the contribution from these operations to the group's results.



As the group reduces in size it will continue with the process of rationalising head office and corporate costs.



Importantly, the Altron group has announced that it will transition from a family managed business to an independent management structure in the short- to medium-term as the transition to the core IT and telecommunications business is progressed and completed.

12-Oct-2016
(Official Notice)
Shareholders are referred to the company?s business update and trading statement released on SENS on 5 September 2016 and are advised as follows:-



In line with the previously communicated strategy of refocusing the Altron group, the financial results for the half-year ended 31 August 2016 have been split between continuing and discontinued operations in accordance with IFRS criteria. In this regard, the entire Powertech group, Altech Autopage, Altech Multimedia and Altech Node have all been classified as discontinued operations for reporting purposes with comparatives restated accordingly. This disclosure provides shareholders with insight into the performance of the core and non-core operations within the Altron group.



Accordingly shareholders are advised that a reasonable degree of certainty exists that in respect of the company?s continuing operations the headline earnings per share for the financial half-year ended 31 August 2016 is expected to be between 51 cents ? 56 cents (between 4% and 14% higher) as against the previous corresponding period?s profit of 49 cents. Basic earnings per share is expected to be between 51 cents ? 56 cents (between 82% and 100% higher) as against the previous corresponding period?s profit of 28 cents.



In respect of the company?s discontinued operations the headline earnings per share for the financial half-year ended 31 August 2016 is expected to be a loss of between 18 cents ? 28 cents (a reduction of between 75% and 84%) as against the previous corresponding period?s loss of 113 cents. Basic earnings per share is expected to be a loss of between 45 cents ? 51 cents (a reduction of between 72% and 75%) as against the previous corresponding period?s loss of 179 cents.



In respect of the company?s total operations (continued and discontinued) the headline earnings per share for the financial half-year ended 31 August 2016 is expected to be between 25 cents ? 35 cents (between 139% and 155% better) as against the previous corresponding period?s loss of 64 cents. Basic earnings per share is expected to be between 3 cents ? 9 cents (between 102% and 106% better) as against the previous corresponding period?s loss of 151 cents.



Altron?s half-year financial results for the period ended 31 August 2016 are expected to be announced on or about Wednesday, 19 October 2016.



This trading statement has not been reviewed or reported on by Altron?s external auditor.





05-Sep-2016
(Official Notice)
30-Aug-2016
(Official Notice)
Shareholders are advised that after 11 years of service to the Altron group, Mr AG Johnston has resigned as the group company secretary of Altron with effect from 15 November 2016. Mr Johnston has accepted the appointment as group company secretary at Sun International Ltd. with effect from 16 November 2016.
18-Jul-2016
(Official Notice)
Shareholders are referred to the SENS announcement released by Altron earlier on 18 July 2016 advising Altron shareholders of the results of the ordinary and special resolutions passed at the annual general meeting held this morning.



Pursuant to the release of the aforesaid announcement and as a result of a counting error on the part of Altron?s scrutineers, Computershare Investor Services (Pty) Ltd., the number of votes captured in respect of ordinary resolutions numbers 1.1 and 1.3 were incorrect and need to be amended.



Accordingly, the votes on resolutions numbers 1.1 and 1.3 proposing the re-election of Mr MC Berzack and Dr PM Maduna respectively are hereby amended as follows:-

Re-Election of Directors - For % - Against % - Abstain

* MC Berzack : 91 352 469 - 99.22 - 722 483 - 0.78 - 27 494

* PM Maduna : 91 352 469 - 100.00 - 0 - 0.00 - 749 977



These amended votes do not affect the outcome of either of the aforesaid ordinary resolutions, which still pass by the requisite majority of votes.
18-Jul-2016
(Official Notice)
Altron shareholders are advised of the results of the business conducted at the annual general meeting held on Monday, 18 July 2016 at 09h30 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg.



Accordingly all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of votes.



The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.





06-Jul-2016
(Official Notice)
Shareholders are referred to the notice convening the 70th annual general meeting (?AGM?) of the shareholders of Altron to be held in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg, on Monday, 18 July 2016 at 09:30.



As per an announcement released by the Company on SENS on 1 June 2016, shareholders were advised that Mr NJ Adami had resigned as an independent non-executive director of Altron with effect from 31 May 2016. In terms of the notice of AGM, which was posted to shareholders on 1 June 2016, ordinary resolution number 3.1 thereof proposed the separate re-election of Mr NJ Adami as a member of the Altron audit committee with effect from the end of the 2016 AGM.



Accordingly and following Mr NJ Adami?s resignation from the Altron board, this announcement serves to confirm that ordinary resolution number 3.1, forming part of Altron?s notice of AGM, will no longer be proposed at the AGM and is hereby withdrawn. All other details with regards to resolutions 3.2 ? 3.4 and the notice of AGM remain unchanged.
28-Jun-2016
(Official Notice)
Altron shareholders (?shareholders?) are referred to the announcements released by the company on SENS on 3 December 2015 and 22 April 2016 respectively, regarding, inter alia, the proposed disposal by Powertech of its aforesaid equity interest in Aberdare Cables and the proposed disposal by Aberdare International of its 100% equity interest in Aberdare Europe, to Hengtong (the ?Disposal?).



Shareholders are advised that following receipt of formal notification from the Namibian Competition Commission, Hengtong confirmed on 27 June 2016 that all conditions precedent pertaining to the Disposal have now been fulfilled or waived, as the case may be, and the Disposal has now become unconditional with an implementation date of 30 June 2016.
15-Jun-2016
(Official Notice)
Shareholders are advised that after four years of service to the Altron group, three of them on the Altron board as an independent non-executive director, Ms SN Mabaso-Koyana has resigned therefrom with effect from 13 June 2016, in order to focus on her other business interests outside of the Altron group.

01-Jun-2016
(Official Notice)
18-May-2016
(C)
Revenue from continuing operations grew 20% to R14.4 billion (R12.0 billion). EBITDA decreased by 11% to R888 million (R993 million). Result from operating activities was 26% lower to R633 million (R850 million). Loss attributable to equity holders widened to R873 million (loss of R9 million). In addition headline loss per share came in at 145cps (earnings of 94cps).



Dividend

As a result of the difficult trading conditions being experienced by the Altron group, and the current level of debt, the main focus is to strengthen the financial position and to reduce debt. As a result, the directors have decided not to declare a dividend for the financial year ended 29 February 2016.



Annual General Meeting

Altron's 70th annual general meeting will be held in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg on Monday, 18 July 2016 at 09h30. Further details of the company's annual general meeting will be contained in Altron's annual statutory report to be posted to shareholders on or about Wednesday, 1 June 2016.



Outlook

The Altron group is repositioning itself into a TMT focused business. This process remains the key initiative for the 2016/2017 financial year as Altron strives to exit from its discontinued operations, which will enable the Altron group to redirect its energies towards growing the strong TMT business that resides within the group. Through the process Altron will also concentrate on aligning its corporate structure and overheads with a significantly smaller, but more profitable group. Altron believes that the prospects for the core TMT business remain good, despite the challenges of local economic conditions.



With the action taken to date, the drag from the discontinued operations should be significantly less in the 2016/2017 financial year, though some of it will continue, albeit at much reduced levels, until the repositioning process is concluded.



Altron's balance sheet reflected more leverage than the board would like at year end, though this has reduced since year end with the receipt of the first proceeds from the Altech Autopage transaction. With the expected conclusion of the Aberdare Cables transaction in the coming months, Altron's gearing ratios will reduce to more acceptable ranges.
29-Apr-2016
(Official Notice)
22-Apr-2016
(Official Notice)
Shareholders are referred to the announcement released by Altron on SENS on Tuesday, 22 March 2016, as well as to the circular issued to Altron shareholders on the same date, regarding, inter alia, the proposed disposal by Power Technologies (Pty) Ltd. of its equity interest in Aberdare Cables (Pty) Ltd. and the proposed disposal by Aberdare Cables International Holdings (Pty) Ltd. of its equity interest in Aberdare Holding Europe BV, to Hengtong Optic-electric International Co. Ltd. or its nominee (the ?Disposal?).



Results of General Meeting

Altron shareholders are advised that at a General Meeting of the company held on Friday, 22 April 2016 at 09h30, all of the resolutions as set out in the Notice of General Meeting incorporated in the circular were passed, without modification, by the requisite majority of votes as set out in the relevant SENS note.



Altron shareholders will be further advised once all the remaining conditions precedent to the Disposal have been fulfilled, or waived, as the case may be.
20-Apr-2016
(Official Notice)
11-Apr-2016
(Official Notice)
Altron shareholders (?shareholders?) are referred to the announcement released by the company on SENS on 22 March 2016, relating to the posting of the circular and notice of general meeting relating to the proposed disposal by Powertech of its equity interest in Aberdare Cables and the proposed disposal by Aberdare International of its equity interest in Aberdare Europe to Hengtong (?the Proposed Transaction?).



In terms of Section 4 of the Proposed Transaction circular posted to shareholders on 22 March 2016, one of the conditions precedent stipulated therein and pertaining to the Proposed Transaction, was the conclusion of the share purchase agreements forming part of the suite of agreements between the parties, which needed to be fulfilled or waived by not later than 10 April 2016.



Shareholders are advised that on 9 April 2016, the parties concluded the aforesaid share purchase agreements along with a shareholders agreement and memorandum of incorporation.



Accordingly the aforesaid condition precedent has now been fulfilled and shareholders will be advised in due course by the company when the last of the outstanding conditions precedent pertaining to the Proposed Transaction have been fulfilled or waived, as the case may be.
24-Mar-2016
(Official Notice)
Shareholders are advised that at the annual general meeting of Altron held in July 2015, shareholders approved and passed a special resolution in terms of Section 45 of the Companies Act of 2008, as amended (the Act) authorising the company to provide financial assistance to, among others, related or inter-related companies or corporations of the company.



Section 45 (5) of the Act requires a company to provide written notice to shareholders of the adoption of a board resolution to provide financial assistance, if the value and/or obligations of the financial assistance so contemplated together with any previous such resolutions during the financial year, exceeds one-tenth of 1% of the company?s net worth at the time of the resolution. In order to give effect to the treasury requirements of the Altron group from time to time, loans, cross guarantees, suretyships and the subordination of loans are given amongst the Altron group companies on an on-going basis.



Accordingly, the Altron board has adopted several resolutions during this past financial year in terms of which financial assistance as contemplated by the Act has been or will be provided to, among others, related and inter-related companies and corporations of Altron, the total value of which together with any other resolutions adopted in the previous financial year, exceeds one-tenth of 1% of the company?s net worth.
22-Mar-2016
(Official Notice)
Altron shareholders (?Shareholders?) are referred to the announcement released by the company on SENS o n Wednesday, 3 December 2015, relating to the proposed disposal by Power Technologies Proprietary Limited of its equity interest in Aberdare Cables Proprietary Limited and the proposed disposal by Aberdare Cables International Holdings Proprietary Limited of its equity interest in Aberdare Holding Europe BV, to Hengtong Optic-electric International Co. Limited or its nominee, (the ?Disposal?).



Shareholders are hereby advised that a circular containing, inter alia, details of the Disposal, a notice of general meeting of Shareholders (?General Meeting?), and forms of proxy were posted to Shareholders today and is available on Altron?s website at http://www.altron.com/investors/investors/shareholders (the ?Circular?).



The purpose of the Circular is to:

*provide Shareholders with detailed information regarding the Disposal and the manner in which it will be implemented; and

*convene a General Meeting of Shareholders to consider and, if deemed fit, approve with or without modification, the resolutions relating to the Disposal as set out in the notice of General Meeting incorporated in the Circular.



The General Meeting of Shareholders will be held in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg, on Friday, 22 Aprill 2016 commencing at 09:30, for the purpose of considering and, if deemed fit, passing, with or without modification, the resolutions set forth in the notice of General Meeting incorporated in the Circular.



The important dates and times in relation to the General Meeting are set out below:

*Record date to determine which Shareholders are eligible to receive the notice of General MeetingFriday, 11 March 2016

*Circular and notice of General Meeting posted to Shareholders on Tuesday, 22 March 2016

*Last day to trade in Altron shares in order to be recorded in Altron?s securities register to vote at the General Meeting Friday, 8 April 2016

*Record date to be entitled to attend, participate in and vote at the General Meeting by close of trading onFriday, 15 April 2016

*Forms of proxy for the General Meeting to be received by the Transfer Secretaries by no later than 09:30 onThursday, 21 April 2016

*General Meeting held at 09:30 on Friday, 22 April 2016

*Results of the General Meeting on SENS on Friday, 22 April 2016
14-Mar-2016
(Official Notice)
14-Mar-2016
(Official Notice)
Shareholders are advised that further to the Company?s announcements released on SENS on 23 September 2015 and 12 February 2016 respectively, all of the suspensive conditions relating to the Disposal have been fulfilled and accordingly the Disposal has become effective and unconditional.
01-Mar-2016
(Official Notice)
Shareholders are referred to the SENS announcement released by the company on 1 December 2015 regarding the impending retirement of Mr RJ Abraham from the Altron group.



Shareholders are advised that with effect from close of business on 29 February 2016, Mr RJ Abraham retired as an executive director of Altron and as an employee of the Altron group. Effective 1 March 2016, Mr A Holden has been appointed as Altron?s operations executive: information technology.



While Mr Holden joins the Altron executive committee as a member with immediate effect, it is not anticipated that he will be appointed as an executive director of Altron.



Altron would like to take this opportunity of thanking Mr Abraham for his valuable contribution made towards the Altron group over the past 18 years.
12-Feb-2016
(Official Notice)
Shareholders are referred to the announcement released by Altron on SENS on 2 December 2015 advising that Altron shareholders had, in general meeting, approved the disposal by Autopage of its post-paid GSM subscriber bases to Vodacom, MTN and Cell C respectively (?the Autopage Disposal?).



Shareholders are further advised that on 12 February 2016, Autopage received formal notification from the Competition Tribunal advising that it had approved the Autopage Disposal subject to certain conditions pertaining to those Autopage employees affected by the Autopage Disposal. Shareholders will be advised in due course by the Company when the last of the outstanding conditions precedent pertaining to the Autopage Disposal have been fulfilled or waived, as the case may be.
03-Feb-2016
(Official Notice)
Shareholders are referred to the announcement released by Altron on SENS on 2 December 2015, relating to the proposed disposal by Power Technologies (Pty) Ltd. of its equity interest in Aberdare Cables (Pty) Ltd. and the proposed disposal by Aberdare Cables International Holdings (Pty) Ltd. of its equity interest in Aberdare Holding Europe BV Ltd., to Hengtong Optic-Electric International Co. Ltd., and are advised that the posting of the circular to shareholders relating to these transactions has been delayed.



It is now anticipated that the circular will be posted to shareholders by no later than 7 March 2016.
01-Feb-2016
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement released by the company on SENS on 17 December 2015 and are advised that the company remains in discussions and negotiations, which, if successfully concluded, may have a material effect on the company?s securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.





18-Dec-2015
(Official Notice)
Shareholders are referred to the announcement released by the company on SENS on Monday, 30 November 2015 advising that Powertech, a subsidiary of Altron, had entered into a binding written offer with Capitalworks, in terms whereby Powertech would dispose of its PTSI business to Capitalworks on terms and conditions more fully set out in the Offer, including the fulfilment of certain conditions precedent as summarised in the announcement (?the Disposal?).



Shareholders are advised that on Thursday, 17 December 2015, Powertech received notice from Capitalworks that it no longer wished to proceed with the Disposal and accordingly the negotiations between Powertech and Capitalworks have been terminated forthwith.





17-Dec-2015
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement released by the company on SENS on 5 November 2015 and are advised that the company remains in discussions and negotiations, which, if successfully concluded, may have a material effect on the company?s securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
03-Dec-2015
(Official Notice)
02-Dec-2015
(Official Notice)
Shareholders are referred to the announcement released by Altron on SENS on 23 September 2015, as well as to the circular issued to Altron shareholders on 3 November 2015 regarding, inter alia, the proposed disposal by Altech Autopage Cellular, a division of Altron TMT (Pty) Ltd (?Autopage?) of its post-paid GSM subscriber bases to Mobile Telephone Networks (Pty) Ltd, Cell C Service Provider Company (Pty) Ltd and Vodacom (Pty) Ltd, on terms and conditions more fully set out in the formal agreements concluded between the parties and in the circular to Altron shareholders (?the proposed transaction?).



Altron shareholders are advised that at a General Meeting of the company held on Wednesday, 2 December 2015 at 09h30, all of the resolutions as set out in the Notice of General Meeting incorporated in the circular were passed, without modification, by the requisite majority of votes. Altron shareholders will be further advised once all the conditions precedent to the proposed transaction have been fulfilled, or waived, as the case may be.





01-Dec-2015
(Official Notice)
Shareholders are advised that in accordance with paragraph 3.59 of the JSE Listings Requirements, Mr RJ Abraham will be retiring from the Altron group and as an executive director of Altron at the end of February 2016. Following the retirement of Mr Abraham, Mr A Holden will be appointed as Altron?s operations executive: information technology. During the intervening period, Mr Abraham will continue to act as the chief executive officer of Bytes Technology Group, while Mr Holden will remain the Altron executive: shared services until he takes up his new role on 1 March 2016.



At this juncture it is not anticipated that Mr Holden will be appointed as an executive director of Altron, although he will be appointed to the Altron executive committee with effect from 1 March 2016.
30-Nov-2015
(Official Notice)
Shareholders are advised that Powertech, a subsidiary of Allied Electronics Corporation Ltd. (?Altron?) has entered into a binding written offer (?the Offer?) with Capitalworks, in terms whereby Powertech will dispose of its PTSI business to Capitalworks on terms and conditions more fully set out in the Offer and as summarised below (?the Disposal?).



The salient terms and conditions of the Disposal as set out in the Offer are as follows:

- Capitalworks has agreed to acquire the PTSI business from Powertech for a purchase price of R140 million calculated on an enterprise value basis (cash and debt free basis);

- the Disposal will, except as set out below, include all of the operating assets and liabilities of the PTSI business including all client and supplier contracts, as well as tangible and intangible assets;

- the Disposal will exclude the businesses of Powertech QuadPro SA (Pty) Ltd. and Technology Integrated Solutions;

- standard warranties and indemnities associated with transactions of this nature will be provided by Powertech; and

- the Disposal will be subject to certain conditions precedent more fully set out in this announcement.



Effective date

The Disposal by Powertech of PTSI to Capitalworks will become effective following the fulfilment of the last of the conditions precedent set out below and as detailed in the Offer.



Consideration

The cash consideration to be received by Powertech as a result of the Disposal of PTSI to Capitalworks is R140 million exclusive of VAT (?the Disposal Consideration?).



Conditions precedent

The Disposal is subject to the fulfilment or waiver, as the case may be, of, inter alia, the following conditions precedent, namely:

- the conclusion of a confirmatory due diligence exercise by Capitalworks the findings of which are to their satisfaction;

- the approval of the Disposal by the Capitalworks investment committee;

- the conclusion of the relevant legal agreements; and

- the approval, if necessary, of the Disposal by any regulatory body in South Africa including, without limitation, the Competition Commission and / or Takeover Regulation Panel.
12-Nov-2015
(Official Notice)
Shareholders are advised that after 4 years of service to the Altron group, initially as an independent non- executive director of Altech and more recently as an independent non-executive director of Altron, Mr RS Ntuli has resigned from the board of Altron, with effect from 12 November 2015, in order to focus on his executive responsibilities at the Thelo Group (Pty) Ltd.



Furthermore and in accordance with Section 3.83(b) of the JSE Listings Requirements, Altron hereby confirms that the company has received a notice in terms of Section 122 of the Companies Act, 2008 (Act No. 71 of 2008).



Sanlam Investment Management (Pty) Ltd. has informed Altron that it has acquired 1 876 429 Altron N ordinary shares on behalf of its clients, which equates to 0.72% of the total issued Altron N ordinary share capital of the company.



Following the notice which was dated 11 November 2015, Sanlam Investment Management (Pty) Ltd. now holds 20.40% (previously 19.68%) of the issued Altron N ordinary share capital of the company.
05-Nov-2015
(Official Notice)
Shareholders are referred to the cautionary announcement released by the company on SENS on 23 September 2015 and are advised that the company remains in discussions and negotiations, which, if successfully concluded, may have a material effect on the company?s securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
03-Nov-2015
(Official Notice)
Altron shareholders (?Shareholders?) are referred to the announcement released by the company on SENS on Wednesday, 23 September 2015, relating to the disposal by Altech Autopage Cellular, a division of Altron TMT (Pty) Ltd. of, inter alia, its post-paid GSM subscriber bases to MTN, Cell C and Vodacom (the ?Disposal?).



Shareholders are hereby advised that a circular containing, inter alia, details of the Disposal, a notice of general meeting of Shareholders (?General Meeting?), and forms of proxy will be posted to Shareholders today and is available on Altron?s website at http://www.altron.com/investors/investors/shareholders (the ?Circular?).



The purpose of the Circular is to:

* provide Shareholders with detailed information regarding the Disposal and the manner in which it will be implemented; and

* convene a General Meeting of Shareholders to consider and, if deemed fit, approve with or without modification, the resolutions relating to the Disposal as set out in the notice of General Meeting incorporated in the Circular.



Notice of general meeting

The General Meeting of Shareholders will be held in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg, on Wednesday, 2 December 2015 commencing at 09:30, for the purpose of considering and, if deemed fit, passing, with or without modification, the resolutions set forth in the notice of General Meeting incorporated in the Circular.



Important dates and times

The important dates and times in relation to the General Meeting are set out below:

*Record date to determine which Shareholders are eligible to receive the notice of General Meeting -- Friday, 23 October 2015

*Circular and notice of General Meeting posted to Shareholders on Tuesday, 3 November 2015

*Last day to trade in Altron shares in order to be recorded in Altron?s securities register to vote at the General Meeting -- Friday, 13 November 2015

*Record date to be entitled to attend, participate in and vote at the General Meeting by close of trading on Friday, 20 November 2015

*Forms of proxy for the General Meeting to be received by the Transfer Secretaries by no later than 09:30 on Tuesday, 1 December 2015

*General Meeting held at 09:30 on Wednesday, 2 December 2015

*Results of the General Meeting on SENS on Wednesday, 2 December 2015
07-Oct-2015
(C)
Revenue from continuing operations decreased 8% to R10.5 billion (R11.4 billion). Earnings before interest, tax, depreciation and amortisation (EBITDA) declined to R340 million (R730 million). Operating profit before capital items came in at R130 million (R519 million). Loss attributable to equity holders was recorded at R510 million (profit of R189 million). In addition, headline loss per share came in at 64cps (earnings of 72cps).



Outlook

Altron's board has identified certain material assets, particularly in the group's manufacturing operations, where equity partnerships with global industry players, outright disposal or closure is being considered. This, along with the steps already taken, will reduce or eliminate many of the entities that are currently detracting from the solid performance of the core IT assets.



The proceeds from the sale of the aforementioned assets as well as the Altech Autopage subscribers will be applied towards reducing the group's borrowings which were raised predominantly during the acquisition of the minority shareholders' shares in Altech, and the exit from Altech East Africa.



Furthermore, particular emphasis is being placed on the need to significantly reduce head office costs. In this regard, the group's three head offices will be consolidated into one by year-end and its shared services initiative will be expanded.



For the remainder of the year conditions are expected to remain challenging, as some of the macro-economic factors that impacted the group remain in place, namely low economic growth, unfavourable manufacturing conditions and limited orders from Eskom. Furthermore, the benefits of the various restructuring initiatives, which are well advanced, are only likely to manifest themselves in the following financial year.
23-Sep-2015
(Official Notice)
05-Aug-2015
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement released by the company on SENS on 24 June 2015 and are advised as follows:-

* Altech Autopage has concluded separate heads of agreement with both Mobile Telephone Networks (Pty) Ltd. (?MTN?) and Cell C (Pty) Ltd. (?Cell C?) for the sale of its MTN and Cell C GSM subscriber bases respectively, with a view to concluding formal agreements in due course; and

* Altech Autopage remains at an advanced stage of negotiations regarding the disposal of its Vodacom GSM subscriber base to Vodacom (Pty) Ltd.



Should these negotiations with the aforesaid mobile network operators be successfully concluded, this may have a material effect on the company?s securities and consequently shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made regarding the salient terms of these transactions.
05-Aug-2015
(Official Notice)
In accordance with Section 3.83(b) of the JSE Listings Requirements, Altron hereby confirms that the company has received a notice in terms of Section 122 of the Companies Act, 2008 (Act No. 71 of 2008).



Old Mutual Investment Group (Pty) Ltd has informed Altron that as a result of a series of transactions, it has disposed of 2 700 000 Altron N ordinary shares on behalf of its clients, which equates to 1.03% of the total issued Altron N ordinary share capital of the company. Following the notice which was dated 5 August 2015, Old Mutual Investment Group (Pty) Ltd now holds 4.34% (previously 5.37%) of the issued Altron N ordinary share capital of the company.

22-Jul-2015
(Official Notice)
20-Jul-2015
(Official Notice)
Altron shareholders are advised that the results of the business conducted at the annual general meeting held on Monday, 20 July 2015 at 09h30 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg and by electronic communication in Cape Town at Bytes People Solutions, 3rd Floor, Park Building, 1 Fir Street, Cape Town are as follows.

* The annual financial statements of the company, incorporating the external auditor, audit committee and directors? reports for the year ended 28 February 2015 were presented.

* Accordingly all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of votes.



The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.
16-Jul-2015
(Official Notice)
Shareholders are referred to the announcements released by the company on SENS on 16 April and 20 May 2015 respectively, pertaining to Altron?s new strategic direction and Mr CG Venter?s separation from the Altron group.



In accordance with Altron?s previously stated intention to significantly reduce central costs by creating a leaner management structure and in order to further extract benefits and synergies from the revised corporate structure whereby Altron transitions from purely an investment holding entity to an operational company, the Altron tmt executive committee will be disbanded and certain executives thereof incorporated in a reconstituted Altron executive committee.



Accordingly and in compliance with paragraph 3.59 (c) of the JSE Ltd.?s Listings Requirements, shareholders are advised that with effect from 1 August 2015, the reconstituted Altron executive committee will comprise of the following executives:-

- Mr RE Venter : (Altron Chief Executive and Chairman of the Executive Committee)

- Mr AMR Smith : (Altron Chief Financial Officer)

- Mr DM Ramaphosa : (Group Executive: Corporate Affairs)

- Dr WH Oosthuysen : (Group Executive: Technology and Strategy)

- Mr PR Riskowitz : (Group Executive: Corporate Finance)

- Mr RJ Abraham : (Operations Executive: Information Technology)

- Mr L Savage : (Operations Executive: Telecommunications and Multimedia)

- Mr NM Kayton : (Operations Executive: Power)

- Mr AG Johnston : (By invitation ? for the Secretaries)



Each of the aforementioned executives will report directly to Altron?s Chief Executive, Mr RE Venter.
24-Jun-2015
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement released by the company on SENS on 8 May 2015 and are advised that the company remains at an advanced stage of negotiations regarding the potential disposal of Altech Autopage?s GSM subscriber bases.



Should these negotiations be successfully concluded, this may have a material effect on the company?s securities and consequently shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made regarding the salient terms of this transaction.
10-Jun-2015
(Official Notice)
Further to the company?s announcement released on SENS on 3 June 2015, Altron?s shareholders are now advised that the company?s 2015 integrated annual report for the financial year ended 28 February 2015, has today been posted on Altron?s website at http://www.altron.com/iar2015/



As a leading ICT company with a key focus on innovation, the decision by the board this year to only produce an online report is not only in line with our ethos of being technology leaders, but also demonstrates the Altron group?s commitment to reducing its overall environmental footprint.



In the event that shareholders still wish to receive an electronic version (CD) of the company?s 2015 integrated annual report, this can be requested from Altron?s corporate communications department at jburn@altron.com or on (011) 345 3670.
03-Jun-2015
(Official Notice)
20-May-2015
(Official Notice)
Shareholders are referred to the company?s outlook statement contained in the message to shareholders, forming part of Altron?s preliminary summarised audited consolidated financial statements for the year ended 28 February 2015, when it was reported that as part of a review of the group?s business strategy, the company will commence transitioning from a family managed business to an independent management structure.



Accordingly, and in compliance with paragraph 3.59 (b) of the JSE Ltd.?s Listings Requirements, shareholders are advised that following 27 years of service to the Altron group, 18 of which has been as an executive director of Altron, Mr Craig Venter has decided to leave the Altron group.



While the Venter family will continue to exercise control over the Altron group by virtue of its 56% shareholding in Altron, the company and Craig have mutually agreed to the termination of his employment and directorships with effect from 31 July 2015 in order to allow Craig to play more of an oversight role in the Venter family?s private investments.
13-May-2015
(C)
12-May-2015
(Official Notice)
Shareholders are referred to the cautionary announcement released by the company on SENS on 22 January 2015 and the subsequent renewal of cautionary announcements released on 5 March 2015 and 16 April 2015 respectively and are advised that the company is at an advanced stage of negotiations regarding the potential disposal of Altech Autopage?s GSM subscriber bases.



Altron?s decision to dispose of these subscriber bases has been based on, among others, the impacts of the on-going Mobile Termination Rate reductions, as well as continued industry and consumer deflationary pressures. Accordingly this business has been classified as a discontinued operation for purposes of the company?s 2015 annual financial statements.



Should these negotiations be successfully concluded, this may have a material effect on the company?s securities and consequently shareholders are advised to continue exercising caution when dealing in Altron?s securities until a further announcement is made regarding the salient terms of this transaction.
16-Apr-2015
(Official Notice)
31-Mar-2015
(Official Notice)
Shareholders are referred to the Altron trading statement which was released on the Stock Exchange News Service on 22 January 2015. In accordance with that announcement, headline earnings per share for the financial year ended 28 February 2015 are expected to remain more than 40% lower (less than 113c) as against the previous corresponding period (188c).



However and as previously indicated, the company, as part of its year-end audit process, is conducting various impairment tests pursuant to which shareholders are advised that a reasonable degree of certainty exists that the company?s basic earnings per share for the financial year ended 28 February 2015 are now expected to be more than 95% lower (less than 10c) (as opposed to the 50% (less than 96c) announced on 22 January 2015) compared to the corresponding period (192c).



Accordingly, a further trading statement will be released in due course to, among others, provide shareholders with a business update on the Altron group?s performance, new strategic direction, as well as earnings forecast ranges for basic earnings per share and headline earnings per share as required by the JSE Listings Requirements. Altron?s annual financial results for the financial year ended 28 February 2015 are expected to be announced on or about Wednesday, 13 May 2015. This trading statement has not been reviewed or reported on by Altron?s external auditor.



05-Mar-2015
(Official Notice)
Further to the cautionary announcement released on SENS on 22 January 2015, shareholders are advised that the company is still in discussions and negotiations, which if successfully concluded may have a material effect on the company?s securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
22-Jan-2015
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the company?s basic earnings per share for the financial year ending 28 February 2015 are expected to be more than 50% lower as against the previous financial year, though various impairment reviews will only be concluded closer to the year-end. Headline earnings per share for the financial year ending 28 February 2015 are expected to be more than 40% lower as against the previous financial year.



The Altron group?s financial performance has been negatively affected by difficult trading conditions, and in particular by a significant reduction in demand from certain key customers, as well as by those factors highlighted to shareholders in the company?s outlook statement published with the interim results on SENS on 8 October 2014.



The Altron board has implemented a number of significant remediation initiatives to address these matters, which together with a further trading statement will be released in due course to, among others, provide shareholders with a business update on the Altron group?s performance, as well as earnings forecast ranges for earnings per share and headline earnings per share as required by the JSE Listings Requirements.



Altron?s annual financial results for the financial year ending 28 February 2015 are expected to be announced on or about Wednesday, 13 May 2015. This trading statement has not been reviewed or reported on by Altron?s external auditor.



Cautionary announcement

Shareholders are further advised that the company has entered into a number of discussions and negotiations, which if successfully concluded, may have a material effect on the company?s securities. Accordingly shareholders are advised to exercise caution when dealing in the company?s securities until a full announcement is made.
14-Nov-2014
(Official Notice)
Shareholders are referred to:

*Altron's announcements released on SENS on 6 May 2010 and 19 March 2014, advising that the Competition Commission (Commission) had launched an investigation into certain alleged prohibited practices in the power cable market; and

*the Commission's media release published on Wednesday, 12 November 2014, advising that it had decided to refer a complaint to the Competition Tribunal against all members of the Association of Electric Cable Manufacturers of South Africa, including Aberdare Cables.



Shareholders are reminded that as a result of Aberdare Cables, a subsidiary of Power Technologies (Pty) Ltd., having co-operated fully with the Commission's requirements in terms of the aforesaid investigation and applied for leniency in accordance with the Commission's Corporate Leniency Policy, it has been granted conditional immunity against prosecution before the Competition Tribunal.



Given that Aberdare Cables has to date and will continue to fully comply with the Commission's requirements in terms of their investigation into these alleged prohibited practices within the power cable market, it does not anticipate incurring any penalties as prescribed by the Competition Act.
08-Oct-2014
(C)
Revenue increased by 6% to R14.2 billion (R13.4 billion). Earnings before interest, tax, depreciation and amortisation (EBITDA) declined by 5% to R784 million (R826 million). Operating profit before capital items was 14% lower at R525 million (R614 million). Profit attributable to equity holders increased to R189 million (R260 million). In addition, headline earnings per share lowered by 12% to 72cps (82cps).



Outlook

Management is pleased with the progress and successes achieved at Altron TMT. The business is in the process of implementing a key accounts management system as well as a shared services structure which will help service customers better, save costs and assist with cross and up sell of its products and services. Altron TMT will continue to focus on developing its own intellectual property through new convergence products, such as the recently launched Altech Node.



Altron Power stands to benefit from the eventual refurbishment of South Africa's electrical infrastructure. The business also stands to benefit from the renewable energy projects that are underway and the electrification of Africa where Powertech is making inroads. Designated product status for transformers was announced during the period which will significantly benefit Powertech once demand returns.



While the medium term prospects for both Altron TMT and Altron Power are strong, the next six months are likely to be challenging. In particular the current challenges being experienced by public sector organisations in South Africa will affect Altron Power in the second half. A decision in principle has been taken to consider closing the transformer operation in Booysens, Johannesburg. Altron TMT's results are likely to be constrained in this period as a result of the start-up of Altech Node and the investment into the commercial launch of this exciting new product.

01-Oct-2014
(Official Notice)
Shareholders are referred to the announcement released by Altron on SENS on 26 May 2014 advising that Autopage, a wholly owned subsidiary of Altron had entered into a sale agreement with Nashua Mobile whereby Nashua Mobile would dispose of its Cell C subscriber base, comprising of around 65 000 subscribers to Autopage for a selling price not exceeding R95.75 million plus VAT ("the transaction"). Shareholders are advised that all of the conditions precedent relating to the transaction have been fulfilled and accordingly the transaction has now become unconditional.
23-Sep-2014
(Official Notice)
08-Sep-2014
(Official Notice)
Shareholders are referred to the announcements released by the company on SENS on 21 July 2014 and 22 August 2014, regarding the re-designation of Altron ordinary shares and Altron participating preference shares as Altron A ordinary shares and Altron N ordinary shares respectively.



On 3 September 2014, special resolutions 8 and 9, which were tabled at Altron's annual general meeting held on 21 July 2014 and passed by the requisite majorities, were registered by the Companies and Intellectual Property Commission (CIPC).



Accordingly the re-designation of Altron?s shares can now take effect in terms of the timetable set out hereunder and the details of the re-designated Altron shares will be as follows:

*Altron A ordinary share information: JSE Share Code: AEL ISIN: ZAE000191342

*Altron N ordinary share information: JSE Share Code: AEN ISIN: ZAE000191359





Dates and times of the share capital re-designation

* Last day to trade for the share capital re-designation -Thursday, 18 September

* Trade in the re-designated shares under the new ISIN commencing on - Friday, 19 September

* Record date for the Altron securities register regarding the share capital re-designation - Friday, 26 September

* New share certificates reflecting the re-designated shares posted by registered post to certificated shareholders who have surrendered their documents of title on or before 12:00 on the record date (see note 2) or within five days of surrender thereof if received after 12:00 on the record date, on or about - Monday, 29 September

* Dematerialised shareholders? accounts updated with the re-designated shares by their CSD/broker - Monday, 29 September



Certificated shareholders of the company are advised that should they fail to surrender their documents of title on or before Friday, 7 November 2014, Altron may consider availing itself of the Issuer Initiated Dematerialisation programme proposed by Strate in it?s Guidelines of 18 June 2014 and 15 July 2014 respectively, which could result in these shareholders? certificated holdings of the company?s shares being converted to uncertificated holdings in Altron?s securities register. In such an event, these certificated shareholders will be notified accordingly by Altron in writing.





25-Aug-2014
(Official Notice)
Altron stakeholders are reminded that in terms of Section 159 (7) of the Companies Act No. 71 of 2008, as amended ("the Act"), public companies are required to, inter alia, establish and maintain a system to allow them to receive confidential disclosures, contemplated in terms of this section of the Act and the Protected Disclosures Act No. 26 of 2000, as amended, and to act on them, as well as routinely publicise the availability of this system to its stakeholders.



Altron recognises that unethical behaviour in the workplace, which often goes undetected and unreported, presents an ever-increasing problem which may result in substantial financial losses to the organisation. The company remains committed to the principles of honesty, integrity and accountability in all its dealings, which ultimately protects the name and reputation of Altron.



In collaboration with Deloitte Tip-offs Anonymous, an independent service provider, Altron continues to maintain a confidential fraud and ethics whistle-blowing hotline facility for all its stakeholders to report any unethical behaviour anonymously. Accordingly, Altron wishes to remind its stakeholders of this service and encourages them to make use of this facility as and when necessary.



How it works?

* Altron has been allocated a unique FreeCall telephone number: 0800 20 53 52.



Written submissions may also be reported through the following channels:

* FreeFax: 0800 00 77 88

* FreePost: Tip-offs Anonymous, FreePost KZN 138, Umhlanga Rocks, 4320

* Email: tim@tip-offs.com

* Website: www.tip-offs.com



The whistle-blowing hotline operates 24 hours a day and trained operators will respond to calls in all the official languages, by guiding you through specific questions. Callers may choose to reveal their identity to Tip-offs Anonymous, which will assist with further investigations. However, this information will not be revealed, unless they choose to reveal it to the company. Information gathered will be analysed and reported to a designated senior official in the company who will confidentially investigate the matter.
22-Aug-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on 21 July 2014, regarding the re-designation of Altron ordinary and Altron participating preference shares as Altron A ordinary and Altron N ordinary shares respectively.



Pursuant to Altron's annual general meeting which was held on 21 July 2014, special resolutions 8 and 9 which were passed by the requisite majorities are required to be filed and registered with the Companies and Intellectual Property Commission (CIPC) in order for the related and previously announced timetable to take effect.



While these resolutions have been filed, the company is still awaiting their registration by CIPC. Accordingly, Altron's share capital will continue for the time being to be reflected as follows:

Altron ordinary shares:

* JSE Share Code: ATN

* ISIN: ZAE000029658



Altron participating preference shares:

* JSE Share Code: ATNP

* ISIN: ZAE000029666



Shareholders are advised that a revised timetable will be released on SENS once the required CIPC registration has taken place.
21-Jul-2014
(Official Notice)
Shareholders are referred to the announcement released by the company earlier today disclosing the voting results of the 2014 Altron Annual General Meeting. In terms thereof, special resolutions numbers 8 and 9 (further details whereof are disclosed in the company's integrated annual report which is available on Altron's website at www.altron.com/iar2014), provided for the re-designation of the Altron ordinary and participating preference shares ("Share Capital Re-designation") as follows:

* Altron A ordinary shares: JSE Share Code: AEL ISIN: ZAE000191342

* Altron N ordinary shares: JSE Share Code: AEN ISIN: ZAE000191359



Shareholders are advised that the reasons why Altron has re-designated its ordinary and participating preference shares is as a result of current global trends to increasingly recognise participating preference shares as hybrid or debt instruments instead of as equity instruments (which is how the Altron participating preference shares are classified) including the general negative perceptions regarding participating preference shares among investors .



Special resolutions 8 and 9 will be filed with the Companies and Intellectual Property Commission (CIPC) on 22 July 2014 and only once registered by CIPC will the company's share capital be re-designated as per above. However and until the special resolutions have been registered, Altron's share capital will continue to be reflected as follows:

* Altron ordinary shares: JSE Share Code: ATN ISIN: ZAE000029658

* Altron participating preference shares: JSE Share Code: ATNP ISIN: ZAE000029666



Proposed dates and times of the share capital re-designation are set out below

*Last day to trade for the Share Capital Re-designation -- Friday, 29 August 2014

*Trade in the re-designated shares under the new ISIN numbers commencing on Monday, 1 September 2014

*Record date for the Share Capital Re-designation in the Altronshare register -- Friday, 5 September 2014

*New share certificates reflecting the re-designated shares posted by registered post to certificated shareholders who have surrendered their documents of title on or before 12:00 on the record dateor within five days of surrender thereof if received after 12:00 on the record date, on or about Monday, 8 September 2014

*Dematerialised shareholders' accounts updated with the re-designated shares by their CSDP/broker -- Monday, 8 September 2014
21-Jul-2014
(Official Notice)
Altron shareholders are advised that at the annual general meeting held on Monday, 21 July 2014 at 09h30 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg and video conferenced in Cape Town at Bytes People Solutions, 3rd Floor, Park Building, 1 Fir Street, Cape Town, all the resolutions were passed.
02-Jul-2014
(Official Notice)
Shareholders are advised that further to the company's announcement released on SENS on 9 May 2014, all of the conditions precedent relating to the acquisition have been fulfilled and accordingly the acquisition has become effective and unconditional.
06-Jun-2014
(Official Notice)
26-May-2014
(Official Notice)
Shareholders are advised that Autopage, a wholly owned subsidiary of Altron has entered into a sale agreement with Nashua Mobile whereby Nashua Mobile will dispose of its Cell C subscriber base, comprising of around 65 000 subscribers to Autopage for a purchase consideration of approximately R91.5 million plus VAT ("the transaction").



The purchase consideration for the transaction will be subject to a formula based adjustment depending on various factors (including ARPU, churn and bad debts) associated with Nashua Mobile?s Cell C subscriber base between the date of fulfillment or waiver of the last of the conditions precedent to the transaction ("effective date") and the expiry of a six calendar month period thereafter. The purchase consideration, which can never exceed R95.75 million plus VAT, will be payable by Autopage to Nashua Mobile, 50% on the effective date and the balance after the expiry of the aforesaid six calendar month period.



The transaction between Autopage and Nashua Mobile will be subject to certain conditions precedent, which will include, among others, the unconditional approval of the Competition Authorities. The detailed terms and conditions applicable to the transaction are more fully described in the announcement released by Reunert Ltd. (Nashua Mobile's listed holding company) on SENS, contemporaneously herewith.



Shareholders will be notified once the last of the conditions precedent to the transaction have been fulfilled, or waived, as the case may be.
14-May-2014
(C)
Revenue from continuing operations increased by 14% to R27.8 billion (R24.5 billion). EBITDA rose by 8% to R1.8 billion (R1.7 billion). Result from operating activities grew by 16% to R1.3 billion (R1.1 billion). Net profit attributable to equity holders turned around to R615 million (loss of R312 million). Furthermore, headline earnings jumped 42% to 188cps (132cps).



Dividend

Notice is hereby given that on Tuesday, 13 May 2014, Altron declared a gross ordinary dividend (number 66) of 80 cents per ordinary share (60 cents) and a gross participating preference dividend (number 20) of 80 cents per participating preference share (60 cents) for the period 1 March 2013 to 28 February 2014, payable on Monday, 7 July 2014 to holders of the ordinary and participating preference shares recorded in the books of the company at close of business on Friday, 4 July 2014.



Outlook

Management is extremely pleased with the progress and associated benefits already achieved from the establishment of Altron TMT in August 2013, many of which will only be reflected in the financial results in the coming financial year.



Altron Power is showing encouraging signs of recovery and the company believes it can again contribute meaningfully to the group in the future, though it will face challenges in the coming months from likely industrial action in the steel and engineering sector. Altron is transforming from an investment holding company to an operational business through the pooling of talent, funds and businesses. This will result in new income streams, innovations and growth opportunities.



With the positive momentum generated from the many changes made in the last 12 months, Altron believes the prospects for the group in the year ahead are encouraging.
09-May-2014
(Official Notice)
15-Apr-2014
(Official Notice)
Altron shareholders are hereby advised that an agreement has been concluded between, inter alia, Allied Technologies Ltd. ("Altech") (a wholly owned subsidiary of Altron) and Itas Services (Pty) Ltd. ("Itas") regarding the acquisition by Altech of the remaining 50% less one ordinary share equity interest in Altech NuPay (Pty) Ltd. ("NuPay") which Altech does not already own, for a consideration ("Purchase Consideration") of R80 million ("the NuPay Acquisition"). Following the implementation of the NuPay Acquisition, NuPay will become a wholly owned subsidiary of Altech. It is anticipated that the proposed NuPay Acquisition will be effective from 1 May 2014.



Altech acquired its controlling interest in NuPay, consisting of a 50% plus one share equity interest, in 2009. NuPay commenced operations in 1999 and provides solutions for payment and collections, through a number of products and services which focus on collection transactions from multiple sources. NuPay and Altech Card Solutions, will shortly be integrated with the Bytes Secure Transaction Solutions business, within the Altron TMT sub-group of Altron.



Financial effects

The Purchase Consideration will be settled at Altech?s election, in cash or via the issue of Altron participating preference shares, which will be placed on behalf of Itas to generate the cash equivalent of the Purchase Consideration. The settlement of the Purchase Consideration is not expected to have a significant effect (i.e. less than 3%) on Altron's earnings, headline earnings, adjusted headline earnings and net asset value per share.
03-Apr-2014
(Official Notice)
19-Mar-2014
(Official Notice)
Shareholders are referred to:

(i) Altron's announcement released on SENS on 6 May 2010, advising that the Competition Commission (Commission) had launched an investigation into certain alleged prohibited practices in the power cable market; and

(ii) the Commission's media release published earlier today advising that it had decided to refer the investigation to the Competition Tribunal.



Shareholders are advised that as a result of Aberdare Cables, a material subsidiary of Power Technologies (Pty) Ltd, having co-operated fully with the Commission's requirements in terms of the aforesaid investigation and applied for leniency in accordance with the Commission's Corporate Leniency Policy, it has been granted conditional immunity against prosecution before the Competition Tribunal.



Given that Aberdare Cables will continue to fully comply with the Commission's requirements in terms of their investigations into these alleged prohibited practices within the power cable market and in respect of any resultant referrals that may take place, it does not anticipate incurring any penalties as prescribed by the Competition Act.



The Altron group and Aberdare Cables support the provisions of the Competition Act and have undertaken significant measures to ensure that all employees are made aware of the requirements of the law.
17-Mar-2014
(Official Notice)
On 10 March 2014, Altron Finance Proprietary Ltd. ("Alfin"), a wholly owned subsidiary of Altron, successfully concluded the refinancing of all of the Altron group?s (the group) term indebtedness by raising R3.6 billion of senior unsecured term facilities (the facilities), sourced from a consortium of South African lenders, comprising both banks and institutions (the lenders). This exercise has, among others, refinanced the R1.6 billion of debt used to support the acquisition of the Altech minorities during August 2013, as well as the group?s other term facilities.



In terms of the facilities, R3.1 billion comprises loans with a maturity of between three and five years, which have been priced at JIBAR plus 210 basis points. The remaining R500 million comprises revolving credit facilities. The maturity structures are aligned with the board?s strategy of deleveraging the group over the short to medium term. As part of the facilities, the company will subordinate, in favour of the lenders, certain of its claims against Alfin in accordance with a subordination agreement to be entered into between, among others, Altron, Alfin and the lenders (the financial assistance).



Shareholders are hereby notified that in accordance with section 45(5) of the Companies Act, a resolution of the board of directors of the company, contemplated by sections 45(2) and 45(3) of the Companies Act was adopted on 4 March 2014, in terms of which the company is authorised to provide the financial assistance contemplated above.
25-Feb-2014
(Official Notice)
20-Feb-2014
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the company's basic earnings per share for the year ending 28 February 2014 are expected to be more than 200% higher as against the previous corresponding period, predominantly as a result of improved operational performance and the once off impairments in the prior year. Headline earnings per share for the year ending 28 February 2014 are expected to be more than 20% higher as against the previous corresponding period.



A further trading statement will be issued in due course to provide shareholders with a business update on the Altron group?s performance during the past six months and to provide earnings forecast ranges for earnings per share and headline earnings per share as required by the JSE Listings Requirements. As a result of the Government's decision to hold the 2014 general elections on Wednesday, 7 May 2014, Altron's annual financial results for the financial year ending 28 February 2014 are expected to be announced on or about Wednesday, 14 May 2014.



This trading statement has not been reviewed or reported on by Altron's external auditor.
23-Jan-2014
(Official Notice)
Shareholders are advised that further to the company's announcement released on SENS on 10 January 2014, the suspensive condition relating to the disposal was fulfilled by 21 January 2014 and accordingly the disposal has become effective and unconditional.
10-Jan-2014
(Official Notice)
09-Oct-2013
(Official Notice)
Shareholders are advised that with effect from 8 October 2013, Mr RS Ntuli and Ms SN Mabaso-Koyana were appointed as independent non-executive directors of Altron.



08-Oct-2013
(C)
Revenue increased by 8% to R13.4 billion (R12.5 billion). Earnings before interest, tax, depreciation and amortisation (EBITDA) declined by 4% to R826 million (R860 million). Operating profit before capital items was 3% lower at R614 million (R634 million). There was a profit turnaround to R260 million (loss of R15 million). In addition, headline earnings per share grew by 4% to 82cps (79cps).



Outlook

The recent long-planned acquisition of the Altech minorities' shares in Altech marks the beginning of a new era for the group. It is believed that the combination of Altron's telecommunications, multi-media and IT businesses under the Altron TMT division, will help unlock new revenue streams, result in efficiencies and pool talent from the Bytes and Altech entities which will result in new innovations and growth opportunities.



A recovery and increase in activity seems to be emerging in the building and construction sector which will positively affect the power electronics side of the group. The first phase of the National Rail Projects should come to fruition in the second half of the year as well as phase two of the REIPPP renewable energy projects.



Altron intends continuing to focus on the basics of rigorous cost control, working capital management and extracting efficiencies from its existing businesses. Margin erosion will be countered by expanding the group's product portfolio, implementing shared services and lowering its cost base.
25-Sep-2013
(Official Notice)
Shareholders were referred to the company's outlook statement contained in its 2013 year-end results announcement and are advised that the company's normalised headline earnings per share are expected to be between 10% and 15% higher as against the previous corresponding period. Altron's normalised headline earnings per share for the half-year ended 31 August 2012 equalled 81 cents.



Shareholders are further advised that a reasonable degree of certainty exists that the company's headline earnings per share for the half year ended 31 August 2013 are expected to be between 0% and 5% higher as against the previous corresponding period. Basic earnings per share for the half year ended 31 August 2013 is expected to be between 75 cents and 85 cents, compared to the previous corresponding period's loss of 3 cents per share. Altron's interim financial results for the half year ended 31 August 2013 are expected to be announced on or about 8 October 2013.
20-Aug-2013
(Official Notice)
Shareholders are referred to the announcement released on 27 June 2013 regarding the acquisition by Altron's wholly owned subsidiary, Altron Finance (Pty) Ltd., of the entire issued ordinary share capital of Allied Technologies Ltd. ("Altech") that Altron and its subsidiaries did not already own, by way of a scheme of arrangement ("scheme") in terms of section 114 of the Companies Act of 2008, as amended. Accordingly, shareholders are advised that the scheme consideration was settled on 19 August 2013, 91.2% by way of cash and 8.8% by way of the issue of new Altron participating preference shares. Altech will be delisted from the JSE Ltd. with effect from 20 August 2013.
02-Aug-2013
(Official Notice)
26-Jul-2013
(Official Notice)
Shareholders are referred to the firm intention announcement made by Altron?s wholly owned subsidiary, Altron Finance Pty Ltd (Alfin) on 17 May 2013, as well as to the circular issued to Altron shareholders on 27 June 2013 (Circular) regarding, inter alia, the terms on which Alfin intended acquiring the entire issued ordinary share capital of Allied Technologies Limited that Altron and its subsidiaries do not already own, by way of a scheme of arrangement (Scheme) in terms of section 114 of the Companies Act 71 of 2008, as amended (the Proposed Transaction).



Shareholders are advised that at a General Meeting of the Company held on Friday, 26 July 2013 at 09h00, all of the resolutions as set out in the Notice of General Meeting incorporated in the Circular were passed, without modification, by the requisite majority of votes. Shareholders are further advised that all conditions precedent to the Proposed Transaction, as detailed in the Circular, have been fulfilled and accordingly the Proposed Transaction is now unconditional.

22-Jul-2013
(Official Notice)
Altron shareholders were advised that the results of the business conducted at the annual general meeting held on Monday, 22 July 2013 at 09h30 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg and video conferenced in Cape Town at Bytes People Solutions, 3rd Floor, Park Building, 1 Fir Street, Cape Town, all resolutions were passed.



The annual financial statements of the company, incorporating the external auditor, audit committee and directors' reports for the year ended 28 February 2013 were presented.
27-Jun-2013
(Official Notice)
05-Jun-2013
(Official Notice)
17-May-2013
(Official Notice)
08-May-2013
(C)
Altron's results for the year ended 28 February 2013 are from continuing operations, therefore the figures are not comparable. Revenue came in at R24.8 billion. Result from operating activities was R1.2 billion, while profit attributable to Altron equity holders from continuing operations was recorded at R498 million. Furthermore, headline earnings per share was 136 cents per share.



Dividend

Notice is was given that on Tuesday, 7 May 2013, Altron declared a gross ordinary dividend (number 65) of 60 cents per share and a gross participating preference dividend (number 19) of 60.0 cents per participating preference share for the period 1 March 2012 to 28 February 2013.



Outlook

The disposal of Altech's East and West African operations will remove a significant cash and earnings drain on the group. As indicated above, there are a number of initiatives underway that will deliver a lower cost base and improve the group's ability to service growing areas of the market. Altron expects to see the benefits of these factors start to realise in the coming financial year.



Nevertheless, the current business environment is not an easy one in which to operate, particularly given the ongoing policy uncertainties and threat of labour unrest. Altron intends continuing to focus on the basics of rigorous cost control, working capital management and extracting efficiencies from its businesses. Margin erosion will be countered by expanding the group's product portfolio, implementing shared services and lowering its cost base.



Notwithstanding the aforesaid challenges, Altron believes that significant opportunities exist for:

* Altech in the convergence space;

* Bytes to build on its strong performance of the last few years and expand its products and services as well as its presence in the public sector; and

* Powertech within the electrical services, transport and renewable energy sectors.
07-May-2013
(Official Notice)
Further to the Altron cautionary announcement dated 22 March 2013, shareholders are advised that negotiations are still in progress which if successfully concluded may have a material effect on the price of the company's securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
12-Apr-2013
(Official Notice)
Shareholders are referred to the Altron trading statement published on SENS on 31 January 2013 and are advised that both the Altech East and West Africa disposals were concluded with effect from 28 February 2013. Accordingly all of the entries discussed in the previous trading statement will be booked in the financial year ended 28 February 2013.



Shareholders are therefore advised that a reasonable degree of certainty exists that the company's headline earnings per share for the financial year ended 28 February 2013 is expected to be lower by between 27% and 32% as against the previous corresponding period. Headline earnings per share has been affected by a very challenging second half for the Powertech operations, particularly in the Cables business, as well as the trading losses incurred by Altech's East and West African operations prior to their disposal. Bytes has performed in line with expectations. Basic earnings per share for the financial year ended 28 February 2013 is expected to be a loss of between 91 cents and 99 cents, as against a profit of 55 cents in the previous corresponding period. Basic earnings per share has been affected by a combination of the loss on disposal of Altech?s East and West African operations, as well as the impairments taken at the half year with respect to these same operations.



Altron's annual financial results for the year ended 28 February 2013 are expected to be released on SENS on or about 8 May 2013.
22-Mar-2013
(Official Notice)
Shareholders were advised that the company has entered into negotiations which if successfully concluded may have a material effect on the company's securities. Accordingly shareholders were advised to exercise caution when dealing in the company's securities until a full announcement is made.
31-Jan-2013
(Official Notice)
17-Jan-2013
(Official Notice)
Shareholders are advised that after several years of service to the Altron group, Mr Leon Viljoen, chief operating officer of Powertech, has resigned from the company to take up the position as cluster manager, southern Africa and country manager, South Africa of ABB. Leon's resignation will be with effect from 28 February 2013.
09-Oct-2012
(C)
Revenue for the interim period ended 31 August 2012 increased by 11% to R12.8 billion (2011: R11.5 billion). Earnings before interest, tax, depreciation and amortisation ("EBITDA") fell by 9% to R852 million (2011: R932 million). Operating profit before capital items dropped by 7% to R586 million (2011: R627 million), while loss attributable to Altron equity holders lowered to R8 million (2011: profit of R234 million). Furthermore, headline earnings per share weakened by 2% to 81cps (2011: 83cps).



Outlook

A number of significant initiatives are in progress to mitigate the challenges that the group currently faces, the benefits of which will likely only materialise in the new financial year. In this context focus will remain on bringing these initiatives to a conclusion, generating profitable revenue growth, maintaining strict cost control as well as improving working capital management. The current labour unrest in South Africa is severely impacting on the economy and will hamper our business. Significant business opportunities in the short to medium term include the convergence of various technologies within Altech, Bytes' acquisition strategy, and opportunities for Powertech within the electrical services and renewable energy sectors. Opportunities also exist, for all of the group companies within Africa, although a conservative approach will be adopted for expansion into this region.



02-Oct-2012
(Official Notice)
Ms Barbara Masekela has retired as an independent non-executive director of the company with immediate effect.
20-Sep-2012
(Official Notice)
Aberdare Cables, the power cable manufacturer subsidiary of Powertech Technologies (Pty) Ltd. ("Powertech"), who are in turn a wholly owned subsidiary of the JSE-listed Altron group, has confirmed the appointment of Keith Edmond as chief executive officer (CEO) with effect from 1 September 2012.
19-Sep-2012
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the company's headline earnings per share and adjusted diluted headline earnings per share for the half year ended 31 August 2012 are both expected to be between 2% higher and 5% lower as against the previous corresponding period.



Basic earnings per share for the half year ended 31 August 2012 is expected to be between 95% and 105% lower as against the previous corresponding period as a result of significant impairments principally in respect of Altech's East African operations. This trading statement has not been reviewed or reported on by Altron's external auditor. Altron's interim financial results for the half year ended 31 August 2012 are expected to be announced on or about 9 October 2012.
04-Sep-2012
(Official Notice)
Power Technologies (Pty) Ltd., a wholly owned subsidiary of Altron, has appointed Mr Sean Hemphill as its new CFO with effect from 1 September 2012. Hemphill succeeds Neil Kayton, who was promoted to Powertech CEO on 1 July 2012.
02-Aug-2012
(Official Notice)
Altron stakeholders were referred to Section 159 of the Companies Act No 71 of 2008, as amended (''the Act"), which requires the company to, inter alia, establish and maintain a system to allow them to make disclosures contemplated in terms of this section of the Act and the Protected Disclosures Act No 26 of 2000, as amended, confidentially and to act on them, as well as routinely publicise the availability of this system to its stakeholders. Altron recognises that unethical behaviour in the workplace, which often goes undetected and unreported, presents an ever-increasing problem which may result in substantial financial losses to the organisation.



The company is committed to the principles of honesty, integrity and accountability in all its dealings, which ultimately protects the name and reputation of Altron. In collaboration with Deloitte Tip-offs Anonymous, an independent service provider, Altron has established a confidential fraud and ethics whistle-blowing hotline for all its stakeholders to report any unethical behaviour anonymously. Accordingly, Altron has extended this service to all its stakeholders and encourages them to make use of this facility as and when necessary.
25-Jul-2012
(Official Notice)
Bytes Technology Group, wholly owned by the JSE-listed Altron Group, announced the acquisition (subject to fulfillment of certain conditions precedent) of Alliance Business Solutions (Alliance) through Bytes Systems Integration (Bytes SI) for an undisclosed amount. The rationale for the transaction is to significantly leverage synergistic Oracle capabilities and position the company as the Partner of choice for Oracle end-to-end offerings and cloud-based solutions to customers.
20-Jul-2012
(Official Notice)
Altron shareholders were advised that all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of votes. The special resolutions will, to the extent necessary, be filed and/or registered with the Companies and Intellectual Property Commission.
27-Jun-2012
(Official Notice)
Shareholders are advised that with effect from 1 July 2012, Mr NM Kayton, the erstwhile chief financial officer of Power Technologies (Pty) Ltd. (Powertech) will be appointed as the new chief executive officer of Powertech to replace Mr N Claussen who has resigned from the Altron group with effect from 30 June 2012. Shareholders are further advised that with effect from 1 July 2012, Mr L Viljoen, the current chief executive officer of Powertech Transformers (Pty) Ltd. will be appointed as the new chief operating officer of the Powertech Group.
07-Jun-2012
(Official Notice)
Shareholders were advised that the company's annual financial statements for the year ended 29 February 2012, as contained in the company's annual and statutory report, were posted to shareholders on 7 June 2012 and contained no modifications to the audited results which were published on 8 May 2012. KPMG audited the results and the annual financial statements of Altron and their reports are available for inspection at the registered office of the company.



Annual general meeting

The annual general meeting of the shareholders of Altron will be held at 09:30 on 20 July 2012 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg, to transact the business as stated in the notice of the annual general meeting forming part of the annual and statutory report.



Shareholders will also be able to participate in the annual general meeting by way of electronic communication. In this regard the company intends making video conferencing facilities available at the following locations:-

*The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg; and

*4th Floor, The Park, Park Road, Pinelands, Cape Town.



The above mentioned locations will be linked to each other by means of a real- time video feed on the date of, and from the time of commencement of, the annual general meeting.



The real-time video feed will enable all persons to participate electronically in the annual general meeting in this manner and to communicate concurrently with each other without an intermediary, and to participate reasonably effectively in the annual general meeting.
08-May-2012
(C)
Revenue increased by 3% to R23.6 billion (R22.8 billion). EBITDA declined by 7% to R1.9 billion (R2.1 billion). Results from operating activities decreased to R484 million (R1.2 billion). Net attributable profit declined to R174 million (R542 million). In addition, headline earnings per share fell by 16% to 191c (228cps).



Dividends

Notice was given that on Monday, 7 May 2012, Altron declared an ordinary dividend (number 64) of 92 cents per ordinary share (2011: 108 cents) and a participating preference dividend (number 18) of 92 cents per participating preference share (2011: 108 cents) for the period 1 March 2011 to 29 February 2012.



Outlook

As has been the case for the past 18 months, the focus of the group remains on profitable revenue growth, which is proving challenging in the current economic environment. At the same time, the necessary attention will continue to be focused on cost control as well as improving working capital management. In the past year most of Altron's local businesses continued to perform well, while many of its international operations (excluding the UK operations) significantly underperformed. As a result, Altron's renewed focus will be on turning these businesses around, particularly Altech's East African and Powertech's Iberian cable operations. There are however some significant business opportunities on the horizon including the convergence of various technologies, Bytes' acquisition strategy and the recovery of the building and construction sectors.
04-May-2012
(Official Notice)
Shareholders are advised that following 18 years of service on the Altron board, Mr Peter Curle will retire as a non-executive director of the company with effect from 19 May 2012. Notwithstanding Peter's retirement from the Altron board, he will continue serving as a non executive director on the Allied Technologies Limited (Altech) board and will consult to the wider Altron group on corporate finance related matters. Shareholders are further advised that with effect from 20 July 2012, Mr Peter Wilmot will retire as an independent non-executive director of the company. On 1 June 2012, Mr Grant Gelink will join the Altron board as an independent non executive director.
02-May-2012
(Official Notice)
Shareholders were advised that after 16 years of loyal service to the Altron group, Mr N Claussen, the chief executive officer of Powertech, has resigned from the company and the board of Altron with effect from 30 June 2012 in order to take up an opportunity to invest in a business unrelated to Altron.
13-Apr-2012
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the company's headline earnings per share and diluted adjusted headline earnings per share for the year ended 29 February 2012 are expected to be between 13% to 19% lower as against the previous corresponding period. This diluted adjusted headline earnings per share includes an adjustment for the amortisation of intangibles arising from acquisitions as well as various once off non-operational items. Management continues to consider this to be the most meaningful measure of profitability for the company. Shareholders are further advised that basic earnings per share for the year ended 29 February 2012 are expected to be between 65% to 75% lower as against the previous corresponding period. This primarily reflects significant impairments in respect of Altech's East and West African operations. Altron's annual financial results for the financial year ended 29 February 2012 are expected to be announced on or about 8 May 2012.
02-Apr-2012
(Official Notice)
Shareholders are referred to the announcement released on SENS on 10 January 2012, regarding the acquisition by Altron subsidiary, Bytes Technology Group South Africa (Pty) Ltd. ("Bytes"), of 100% of the issued share capital of Unisys Africa, from Unisys Corporation and a local empowerment company, CyberKnowledge Systems Investments (Pty) Ltd. ("the acquisition"). Shareholders are now advised that the company has been informed by the Competition Tribunal of South Africa ("the Tribunal") that the acquisition has been unconditionally approved by the Tribunal. In conjunction with the transaction, Unisys and Bytes will conclude a five- year distributor agreement which allows for exclusive marketing, sale and support of certain Unisys products and solutions in selected sub-Saharan African countries with "preferred partner" status in certain others. It is anticipated that the acquisition will provide the possibility for synergies and economies of scale for Unisys Africa's operations within the greater Bytes group. Unisys Africa's longstanding relationship with public sector agencies is expected to enhance the efforts of Bytes' newly established Government Solutions division.
04-Oct-2011
(C)
Revenue for the interim period ended 31 August 2011 decreased by 2% to R11.5 billion (2010: R11.7 billion). Earnings before interest, tax, depreciation and amortisation ("EBITDA") fell by 6% to R932 million (2010: R988 million), operating profit before capital items dropped by 9% to R627 million (2010: R691 million), while profit attributable to Altron equity holders lowered to R234 million (2010: R294 million). Furthermore, headline earnings per share weakened by 16% to 83cps (2010: 99cps).



Outlook

In this difficult environment, the group will continue to concentrate on the basics of cost control and working capital management. The group's increasing emphasis is on growing the top line which is a prerequisite for a return to profitable growth after having effected significant cost reductions in the business over the previous two years. Altech will continue to focus on the recovery of its East African operations and enhancing the performance of its strong South African operations. Bytes is well placed to further benefit from the expanding corporate IT spend and to build on the strong base created during the previous financial year. Powertech, having undertaken numerous cost reduction programmes, is well poised to benefit from a recovery in the building and construction industry. However, the timing of this recovery is uncertain. In the meantime, it will continue to focus on improving operational efficiencies and increasing tendering activity into Africa. The group will seek to grow revenue and profitability through a combination of local organic growth, expansion into African markets and exploring potential acquisition opportunities. A decline in the global economy could, however, have an effect on the group's growth.
19-Sep-2011
(Official Notice)
Shareholders were referred to the outlook statement contained in Altron's summarised audited consolidated financial statements published on SENS on 4 May 2011. Shareholders were further referred to the trading statement published by Altech on SENS on 19 September 2011 advising its shareholders in this regard. Accordingly, shareholders are advised that a reasonable degree of certainty exists that the company's headline earnings per share and adjusted diluted headline earnings per share, for the financial half year ended 31 August 2011 are expected to be lower by between 14% and 18% and 11% and 15% respectively, as against the previous corresponding period. Basic earnings per share for the financial half year ended 31 August 2011 is expected to be between 18% and 24% lower, as against the previous corresponding period. Basic earnings per share has been affected by impairments of goodwill, principally in respect of Altech's East African operations and Bytes' Nor Paper. Altron's interim financial results for the half year ended 31 August 2011 are expected to be announced on or about 4 October 2011.
02-Aug-2011
(Official Notice)
Shareholders are advised that with effect from 1 August 2011, Mr SN Susman and Mr RJ Abraham were appointed as an independent non- executive director and executive director of Altron respectively.
21-Jul-2011
(Official Notice)
Shareholders were advised that after 17 years of serving on the board of Altron, Mr Peter Curle has retired as an executive director of the company.
18-Jul-2011
(Official Notice)
The board of directors of Altron announced with great sadness the untimely passing away on Friday, 15 July 2011 of Mr David Redshaw, a non-executive director of Altron and the past chief executive officer of the Bytes group, following a short illness.
15-Jul-2011
(Official Notice)
08-Jun-2011
(Official Notice)
Shareholders were advised that the company's annual financial statements for the year ended 28 February 2011 were posted to shareholders on 8 June 2011 and contained no modifications to the audited results which were published on 4 May 2011. KPMG Inc. audited the results and the annual financial statements of Altron and their reports are available for inspection at the registered offices of the company.



Annual general meeting

The annual general meeting of the shareholders of Altron will be held at 09:30 on Friday, 15 July 2011 in The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg, to transact the business as stated in the notice of the annual general meeting forming part of the integrated annual report. Shareholders will also be able to participate in the annual general meeting by way of electronic communication. In this regard the company intends making video conferencing facilities available at the following locations:- The Altron Boardroom, 5 Winchester Road, Parktown, Johannesburg; and 4th Floor, The Park, Park Road, Pinelands, Cape Town. The above mentioned locations will be linked to each other by means of a real- time video feed on the date of, and from the time of commencement of, the annual general meeting. The real-time video feed will enable all persons to participate electronically in the annual general meeting in this manner and to communicate concurrently with each other without an intermediary, and to participate reasonably effectively in the annual general meeting.
04-May-2011
(C)
Revenue increased marginally to R22.8 billion (R22.3 billion) and earnings before interest, tax, depreciation and amortisation (EBITDA) rose to R2.1 billion (R2 billion). However, operating profit fell to R1.2 billion (R1.4 billion), while profit attributable to ordinary equity holders slightly dropped to R542 million (R543 million). Moreover, headline earnings per share improved to 228cps (198cps).



Dividends

An ordinary dividend number 63 of 108 cents per share (2010: 90 cents) and a participating preference dividend number 17 of 108 cents per share (2010: 90 cents) have been declared.



Outlook

Economic conditions are more conducive to growth now than at any time in the previous few years and the board believes that the group is well positioned to exploit the resulting opportunities. Nevertheless, there are threats to the macroeconomic environment in the form of looming inflationary pressures, the effects of the Japanese tsunami, the strength of the rand and the rising oil price. Given the performance over the past year, the focus at Altech will be on returning the East African operations to previous growth patterns and enhancing the performance of the strong South African operations. Bytes is well placed to further benefit from the expanding corporate IT spend and its recent market share gains in order to build on the strong base created during the year under review. Powertech's prospects are perhaps the most challenging as the benefits of the various cost reduction programmes have been largely realised during the year under review and its ability to grow depends significantly on a recovery in the building and construction industry. Following the solid growth of the prior year and the work that has been done on reducing the cost base, the group's focus will be on top-line growth and increasing profitability through a combination of local market conditions, efforts to expand into the African markets and exploring potential acquisition opportunities.
13-Apr-2011
(Official Notice)
Shareholders are referred to the voluntary business update published by Altron on SENS on 10 December 2010. Pursuant thereto, Altron's sub-holding operations have experienced the following trading conditions:

* Bytes has performed well over the financial year, exceeding expectations and achieving high growth in several areas of its business, predominantly as a result of improving corporate IT spend and some good market share gains;

* Powertech has performed broadly in line with expectations, achieving good growth, albeit off a low base and despite market conditions in the building and construction sector remaining subdued;

* Altech has experienced a challenging year, although its performance improved in the second half. The majority of these challenges relate to once-off costs and market conditions in Altech's East African business. These challenges are being addressed by management and are expected to be mitigated in the short to medium term. Shareholders are further referred to the trading statement published by Altech on SENS on 13 April 2011 advising its shareholders in this regard.

Accordingly shareholders are advised that a reasonable degree of certainty exists that the company's headline earnings per share and adjusted diluted headline earnings per share, for the financial year ended 28 February 2011 are expected to be higher by between 12% and 17% and 9% and 14% respectively, as against the previous corresponding period. Basic earnings per share for the financial year ended 28 February 2011 is expected to be between 3% lower and 3% higher, as against the previous corresponding period. Basic earnings per share has been affected by an impairment of goodwill, principally in respect of Altech's East African operations. Altron's financial results for the year ended 28 February 2011 are expected to be announced on or about 4 May 2011.
10 Dec 2010 15:06:57
(Official Notice)
Shareholders are referred to the outlook statement contained in Altron's unaudited consolidated interim results announcement published on SENS on 5 October 2010 when it was reported that inter alia:-

* prospects for the second half of the year were expected to be positive given an expected turnaround in Altech's performance and continued recovery from both Bytes and Powertech; and

* visibility going forward remained limited, given, among others, the strength of the rand and the impact this was having on the translation of results of foreign operations, reduced export opportunities and competition from imports.



Pursuant to the financial half year, Altron's main operations have experienced the following trading conditions:-

* Powertech's Aberdare Cables has continued to experience difficult trading conditions in its power cables business as a result of the ongoing depressed state of the building and construction sector, including pricing pressure. It is evident from recent economic data that industries exposed to this key sector continue to face extremely challenging times with few signs of recovery being seen, particularly in the domestic residential market. The remainder of Powertech's operations have traded according to our expectations, with Powertech well positioned to capitalise on future growth opportunities when the markets turn;

* Bytes' trading conditions and markets have not changed significantly from those reported on in our interim results announcement. Consequently, Bytes is trading in line with our expectations;

* Altech's performance since the half year has not improved to the extent anticipated, predominantly due to continuing adverse global and local economic conditions, as well as currency volatility factors. Shareholders are further referred to the voluntary business update published by Altech on SENS on 10 December 2010 advising its shareholders in this regard.
05 Oct 2010 07:42:24
(C)
Revenue decreased by 3% from R12.1 billion to R11.7 billion compared to the prior corresponding period while EBITDA increased by 4% to R988 million (R951 million). Operating profit before capital items declined to R691 million (R731 million). However, net attributable profit rose to R294 million (R243 million) and headline earnings per share grew by 6% to 99c (93cps).



Outlook

Despite indications of a slower economic recovery which has been consistent with the trends Altron experienced throughout the businesses during the first half, management expects the prospects for the second half of the year to be positive given an expected turnaround in Allied Electronics ("Altech's") performance and continued recovery from both Bytes and Powertech. However, the benefit of Powertech's cost cutting initiatives will begin to diminish which will require enhanced demand levels to drive the future growth in its businesses.



Visibility going forward continues to be limited. The strength of the rand is of serious concern given the impact this has on the translation of results of foreign operations, reduced export opportunities and competition from imports. Notwithstanding these concerns, the board remains optimistic that the group is well positioned to capitalise on future growth opportunities as continued internal investment and the progress made on profitability improvements has not compromised its growth potential.
15 Sep 2010 16:10:36
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the company's basic earnings per share for the half year ended 31 August 2010 is expected to be between 16% and 30% higher as against the previous corresponding period. Headline earnings per share and adjusted diluted headline earnings per share for the half year ended 31 August 2010 are both expected to be between 0% and 10% higher as against the previous corresponding period. Basic earnings per share is expected to increase at a higher rate than headline earnings per share as a result of the reduction in the level of impairment charges compared to the prior corresponding period.



Bytes and Powertech have seen a marked improvement in their performances during the past six months notwithstanding that trading conditions have remained challenging. However, Altech has encountered several short-term challenges which have impacted on operating margins, particularly in certain of its large operations which has reduced earnings to between 20% to 30% compared to the prior corresponding period. Shareholders are referred to Altech's trading statement, published simultaneously with this announcement which provides further detail regarding its expected performance for the six months ended 31 August 2010. Altron's interim financial results for the financial half year ended 31 August 2010 are expected to be announced on or about 5 October 2010. This trading statement has not been reviewed or reported on by Altron's external auditors.

14 Jul 2010 12:05:52
(Official Notice)
At the annual general meeting of Altron shareholders held on Wednesday, 14 July 2010, all resolutions as set out in the notice of annual general meeting were passed by the requisite majority of votes. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
10 Jun 2010 08:16:14
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 28 February 2010 were posted to shareholders on 10 June 2010 and contained no modifications to the audited results which were published on 4 May 2010.



Annual general meeting

The annual general meeting of the shareholders of Altron will be held at 09:30 on Wednesday, 14 July 2010 in the Altron boardroom, 5 Winchester Road, Parktown, Johannesburg.
06 May 2010 15:30:48
(Official Notice)
Shareholders are advised that today, 6 May 2010, the competition commission launched an investigation into certain alleged prohibited practices in the power cable market against Aberdare Cables (Pty) Ltd and three other competitors. Both Power Technologies (Pty) Ltd and Aberdare Cables' management are co-operating fully with the authorities and have taken the allegations made by the competition commission against Aberdare Cables on advisement with their external legal advisors. Further communication to shareholders will be made once certain investigations have been completed.
04 May 2010 08:45:11
(C)
Revenue declined by 10% from R24.8 billion to R22.3 billion in 2010. Operating profit decreased to R1 372 million (2009:R1 778 million). Profit attributable to ordinary shareholders decreased to R543 million (2009:R835 million). Headline earnings per share decreased by 28% to 198cps (2009:275cps).



Dividend per share

An ordinary final dividend of 90 cps was declared for the period under review. A participating preference dividend of 90 cps was also declared for the period under review.



Prospects

The South African economy is clearly in the early stages of recovery, though much of the growth recorded to date has only occurred in certain sectors and we have yet to see any meaningful recovery in the mining and building and construction sectors. A successful World Cup will boost the nation's confidence which should enhance consumer confidence, but it is unclear what effect it will have on industry both during and after the event. Certain key customers have announced technology freezes for the duration of the World Cup so as to minimize the risk of disruption of key services.



It is the board's view that the recovery should continue through the year and a sustained period of low interest rates is expected to filter through into the sectors of the economy that we service. Following rationalising actions during the past year in terms of restructuring and right-sizing of operations, the board believes the group is well positioned to capitalise on what is likely to be a gradual recovery and enters the new financial year with positive expectations of performance in the years ahead.
26 Feb 2010 16:09:12
(Official Notice)
Mr David Redshaw, the chief executive officer of Bytes will be retiring, with effect from 1 March 2010. Notwithstanding David's retirement as the chief executive officer of Bytes, he will continue for the foreseeable future to remain associated with the group, by assuming the chairmanship of Bytes UK's operations and remaining on the Altron board as a non-executive director. Accordingly and in accordance with JSE Listings Requirements, shareholders are advised that Mr Redshaw's capacity on the Altron board will change from being an executive director to a non-executive director of the company, with effect from 1 March 2010.



Shareholders are further advised that with effect from 1 March 2010, Mr Rob Abraham, the current managing director of Bytes Document Solutions has been appointed as the new chief executive officer of the Bytes group. Rob has held several senior and executive positions within the Altron group for the past twelve years which has included managing Bytes Document Solutions, the largest operation within the Bytes group. As part of his additional responsibilities, Rob will join the Altron executive committee as a member.
23 Feb 2010 11:47:56
(Official Notice)
Shareholders were referred to the company's outlook statement contained in the 2009 interim results announcement, which contemplated continuing challenging market conditions over the short to medium term and were advised as follows:

* Powertech has continued to experience difficult trading conditions. Volumes have remained depressed and pricing pressures have increased, negatively affecting operating margins. Capital projects continue to be delayed, while the ongoing strength of the rand has also had a detrimental effect on results.

* Bytes has, following the implementation of various corrective actions, delivered an improved performance during the second half of the financial year, which is broadly in line with our expectations. However, pricing pressures remain in many of its markets.

* Altech continues to deliver a good performance in what has been a tough trading environment, benefiting from, among others, sound strategic decisions and a high proportion of annuity income which has resulted in improved operating margins. Shareholders are referred to Altech's announcement published on SENS on 23 February 2010.



Accordingly, shareholders were advised that a reasonable degree of certainty exists that the company's basic earnings per share for the year ending 28 February 2010 are expected to be between 32% to 44% lower as against the previous corresponding period. This range may be subject to further change depending on the final values of the rand, various commodity prices at the year-end and the outcome of impairment testing to be conducted at certain Altron subsidiaries as part of the year-end process. Headline earnings per share for the year ending 28 February 2010 are expected to be between 25% to 35% lower as against the previous corresponding period. The company expects that its diluted adjusted headline earnings per share for the year ending 28 February 2010 will be between 20% to 30% lower as against the previous corresponding period. This calculation includes an adjustment for the amortisation of intangibles arising from recent acquisitions. Management considers this to be the most meaningful measure of profitability for the company.
05 Oct 2009 17:59:18
(C)
Altron reported interim financial results for the half year ended 31 August 2009 which reflect a decline in revenue of 8% from R13.2 billion to R12.1 billion compared to the prior period. EBITDA declined by 28% with EBITDA margins declining from 10.0% to 7.9%. As a result of lower finance income and greater earnings attributable to minorities due to the increased contribution from Altech East Africa as well as the Powertech Transformers BBBEE transaction - adjusted diluted headline earnings per share declined by 44%.



Outlook

Recent economic data indicates that the bottom of the economic cycle may have been reached and there are tentative signs of recovery. This is consistent with the trends Altron has seen in its businesses, many of which have reported improved results over the last couple of months. Nevertheless, demand levels in the economy remain weak compared to those seen at the peak of the cycle and any recovery is expected to be gradual. Visibility going forward continues to be limited and the strength of the rand is of serious concern given the impact this has on the translation of results from foreign operations, export markets and competition from foreign imports. Compared to the first half, it is expected that the second six months should provide an improved performance reflecting better trading conditions and realising the benefits of the rationalisation programmes undertaken during the period under review.
14 Sep 2009 17:18:34
(Official Notice)
Shareholders are now advised that a reasonable degree of certainty exists that the company's basic earnings per share for the half-year ended 31 August 2009 are expected to be between 58% to 68% lower as against the previous corresponding period, while headline earnings per share for the half-year ended 31 August 2009 are expected to be between 48% to 54% lower as against the previous corresponding period. Furthermore, the company expects that its diluted adjusted headline earnings per share for the half-year ended 31 August 2009 will be between 41% to 47% lower as against the previous corresponding period. This calculation excludes the amortisation of intangibles arising from recent acquisitions. Management considers this to be the most meaningful measure of profitability for the company.



Pursuant to a review of impairment indicators, management has taken the decision to impair the goodwill arising on the Powertech Calidus and Bytes' Xerox UK acquisitions, which has contributed to the higher rate of decline in basic earnings per share as compared with headline earnings per share. Alton?s interim financial results for the financial half-year ended 31 August 2009 are expected to be announced on or about 6 October 2009.
05 Aug 2009 11:02:14
(Official Notice)
Dr WP Venter assumed the role and title of non-executive chairman of the company, Mr MJ Leeming has been appointed as lead independent director on the board of Altron, with effect from 3 August 2009.
03 Aug 2009 14:36:11
(Official Notice)
Shareholders are advised that Dr HA Serebro, the Senior Altron Group Executive Director, in the office of the Chairman, has retired from the board of the company with effect from 1 August 2009.
27 Jul 2009 08:48:09
(Media Comment)
Business Day reported that shares in Altron slumped on Friday, 24 July 2009, after the company warned that its Powertech division was trading well below expectations and its Bytes subsidiary was also missing its targets. Altron also commented that there were few signs of global recovery. The group's stock fell more than 7.5% after a trading update, declining to R27.60.
24 Jul 2009 09:14:42
(Official Notice)
Shareholders are referred to Altron's trading statement published on SENS on 5 February 2009, as well as to the outlook statement contained in Altron's abridged audited consolidated financial statements for the year ended 28 February 2009. The current economic environment continues to remain challenging and unpredictable. Leading indicators show few signs of short term recovery in local market conditions and while there is much talk of "green shoots" in developed markets, it is unclear when these developments will be replicated in South Africa. As a result the Altron group continues to focus on cost control, working capital management and integrating its recent acquisitions. Although the core infrastructural spend programme of the country should continue to benefit the group in the medium to long term, the current slowdowns being experienced in the mining and building and construction sectors, combined with associated pricing pressures, will continue to exert short term challenges on the group's operations serving these markets, particularly while liquidity remains constrained. This business update has not been reviewed or reported on by Altron's external auditors.
14 Jul 2009 15:25:01
(Official Notice)
At the Annual General Meeting of Altron shareholders held on Tuesday, 14 July 2009, all resolutions as set out in the Notice of Annual General Meeting were passed by the requisite majority of votes. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
02 Jun 2009 10:43:33
(Official Notice)
The company's annual financial statements for the year ended 28 February 2009 were posted to shareholders on 2 June 2009 and contained no modifications to the audited results which were published on 5 May 2009.



Annual general meeting

The annual general meeting of the shareholders of Altron will be held at 09:30 on Tuesday, 14 July 2009 in the Altron boardroom, 5 Winchester Road, Parktown, Johannesburg.
02 Jun 2009 10:04:24
(Official Notice)
Altron shareholders are advised that Ms Seara Macheli-Mkhabela has been appointed as the group executive: Corporate Affairs of Altron, with effect from 1 June 2009. Prior to taking up her new position at Altron, Seara was the Corporate Affairs Director of Power Technologies (Pty) Ltd (Powertech), a wholly-owned subsidiary of Altron, a position she has held since 2006. Ms Macheli-Mkhabela is an admitted attorney of the High Court of South Africa, having previously practiced in intellectual property law at Spoor and Fisher Attorneys. In addition to being an admitted attorney, Ms Macheli-Mkhabela was previously a director of Merck Sharp - Dohme South Africa, and is currently a director of the Companies - Intellectual Property - Registration Office of the dti (CIPRO), as well as Powertech. In her new position, Ms Macheli-Mkhabela will serve on the Altron executive committee as well as on several of the group's subsidiary executive committees. She will also be responsible for chairing the Altron Group Transformation Committee, tasked with steering the group's Vision 2012 programme and will assume directorships at several group companies. Her qualifications include a BA LLB and she is currently studying towards an MBA at the Gordon Institute of Business Science. Ms Macheli-Mkhabela will report directly to Mr Robert Venter, the Altron Chief Executive.
11 May 2009 12:42:48
(Official Notice)
Shareholders are referred to the circular to shareholders dated 17 April 2009 incorporating a notice of general meeting, to consider and, if deemed fit, pass the resolutions necessary to, among others, adopt amended articles of association and to adopt a new Altron 2009 Share Plan. Altron shareholders are advised that at the general meeting which was held on 11 May 2009, all the resolutions were passed by the requisite number of votes. The special resolution will be registered with the Companies and Intellectual Property Registration Office in due course.
05 May 2009 10:32:06
(C)
Revenue increased from R21 431 million to R24 768 million in 2009.Operating profit decreased to R1 778 million (2008:R1 847 million). Profit attributable to ordinary shareholders decreased to R835 million (R1 019 million). Headline earnings on a per share basis decreased to 275cps (375cps).



Dividend per share

An ordinary final dividend of 119 cps was declared for the period under review. A participating preference dividend of 119 cps was also declared for the period under review.



Prospects

The challenging economic environment is expected to continue over the short to medium term as market confidence remains weak and uncertainty continues. These times call for a period of consolidation, focus on cash flow generation, strict working capital management as well as internal cost efficiencies. Various opportunities for growth in East Africa, coupled with continued demand for infrastructure, and our strong base of annuity income is expected to drive an improved performance in the year ahead. Conditions for the first half of the new financial year will be challenging, especially given the high base of the comparative period in the prior year. However, the board is confident that the Altron group is well positioned to take advantage of any improvement in the current economic environment given the remedial actions that have been put in place.
17 Apr 2009 13:15:13
(Official Notice)
Shareholders are advised that a circular relating to the adoption of amended articles of association, as well as the adoption of a new Altron 2009 Share Plan (and incorporating a form of proxy, election form and notice of general meeting), was posted to shareholders on Friday, 17 May 2009.



Notice of general meeting

Notice is hereby given that a general meeting of the shareholders of Altron will be held in the company's main boardroom at 5 Winchester Road, Parktown (access from Altron House, 4 Sherborne Road, Parktown), on Monday, 11 May 2009 at 09h00 for the purpose of considering and, if deemed fit, passing with or without modification the resolutions set out in the notice of general meeting.



Salient dates and time relating to the circular and general meeting

*Proxies for the general meeting to be lodged by 09h00 -- Friday, 8 May 2009

*General meeting of shareholders at 09h00 -- Monday, 11 May 2009

*Announcement of results of general meeting on SENS -- Monday, 11 May 2009
01 Apr 2009 09:34:34
(Official Notice)
Shareholders who previously held shares in Bytes Technology Group Ltd, CS Computer Services Holdings Ltd, Power Technologies Ltd and USKO Ltd, formerly known as Union Steel Corporation South Africa (collectively referred to as "affected shareholders"), are referred to the SENS announcement published by Altron on 03 November 2008 offering affected shareholders assistance to claim their unclaimed shares and cash entitlements, if any, in the aforesaid companies. In terms of letters addressed by Altron to affected shareholders dated 17 October 2008, affected shareholders were requested to claim their unclaimed shares and cash entitlements on or before 28 February 2009.
03 Mar 2009 16:28:28
(Official Notice)
With effect from 1 March 2009, Dr WP Venter's role at Altron changed from being a full-time chairman to a non-executive chairman.
05 Feb 2009 08:15:56
(Official Notice)
Shareholders are referred to the outlook statement contained in Altron's abridged unaudited consolidated interim financial results for the six month period ended 31 August 2008 when it was reported that inter alia

*The recent slowdown in the building and construction sector, particularly the residential segment of the market, would affect certain key businesses within the Powertech group

*The global financial market turmoil, as well as pressures locally, had created further uncertainty around future trading conditions.

Shareholders are advised that a reasonable degree of certainty exists that the company's basic earnings per share for the year ending 28 February 2009 are expected to be between 18% to 30% lower as against the previous corresponding period, while headline earnings per share for the year ending 28 February 2009 are expected to be between 25% to 35% lower as against the previous corresponding period. The company expects that its diluted adjusted headline earnings per share for the year ending 28 February 2009 will be between 15% to 25% lower as against the previous corresponding period. This calculation includes an adjustment for the amortisation of intangibles arising from recent acquisitions. Management considers this to be the most meaningful measure of profitability for the company.

Altron's annual financial results for the financial year ending 28 February 2009 are expected to be announced on or about 05 May 2009.
01 Dec 2008 11:44:27
(Official Notice)
Altron announced the resignation of one of its senior executives, Onkgopotse JJ Tabane, Group Executive: Corporate Affairs, effective from 30 November 2008.
04 Nov 2008 14:03:54
(Official Notice)
With effect from 3 November 2008, Mr N J Adami and Ms D N M Mokhobo have been appointed as independent non-executive directors of Altron.
03 Nov 2008 15:45:17
(Official Notice)
Altron has engaged the services of Georgeson, a trading name of Computershare Investor Services (Pty) Ltd (Registration number 2004/003647/07) to reunite certain shareholders with unclaimed shares and cash entitlements. The programme will target shareholders with unclaimed shares and cash entitlements in the following companies previously listed on the JSE Ltd (Johannesburg Securities Exchange):

*Computer Services Holdings Ltd ("CS Holdings");

*Bytes Technology Group Ltd ("Bytes");

*Power Technologies Ltd ("Powertech"); and

*USKO Ltd ("USKO") formerly known as Union Steel Corporation South Africa.

As Altron is now responsible for the registers of members for the abovementioned previously listed companies, they are offering affected shareholders the opportunity for assistance to claim their un-claimed shares and cash entitlements, which may include unclaimed dividends. Information regarding the following corporate events was posted to shareholders during the month of October 2008. For further information, please contact Georgeson on 0861 119900 or +27 11 370 5531 if calling from outside of South Africa.
13 Oct 2008 14:17:41
(Media Comment)
Altron CEO Robbie Venter says that although Altron should be well positioned to weather the global storm as a result of its exposure to infrastructure spend and a diverse footprint, the group should still be wary for the next six to 12 months. Venter says that there will be a focus on controlling expenses, working capital management and consolidation. Finweek noted that this increasingly cautious stance implies that a buyout of Allied Technologies Ltd's minority shareholders is unlikely over the short to medium term.
07 Oct 2008 08:33:02
(C)
Revenue increased by 19% from R11.0 billion in the prior six months to R13.2 billion, with operating profit increasing by 25% from R902 million to R1 123 million. Net profit for the period attributable to ordinary shareholders rose by 45% to R654 million (R450 million). In addition, headline earnings grew by 12% to 192cps (171cps).



Dividend

Dividends are only declared annually.



Outlook

The core infrastructural spend programme of the country which remains on track will continue to benefit the group. However, as a result of the recent slow down in the building and construction sector, particularly the residential segment of the market, certain key businesses within the Powertech group are being affected. This, combined with the global financial market turmoil, as well as potential pressures locally, has created further uncertainty around future trading conditions. Consequently, the group has in recent months shifted its focus to one of consolidation. The past 12 months has seen the group concluding substantial acquisitions and Altron will use the next six months to continue to extract the anticipated synergies and returns. With a focus on cost control and working capital management the group will look to build on the solid foundation established over the prior years.
19 Sep 2008 16:02:47
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the company`s basic earnings per share for the half year ended 31 August 2008 is expected to be between 28% to 32% higher as against the previous corresponding period. Headline earnings per share and adjusted headline earnings per share for the half year ended 31 August 2008 are expected to be between 10% to 14% and 13% to 17% respectively, higher as against the previous corresponding period. Altron`s interim financial results for the financial half year ended 31 August 2008 are expected to be announced on or about 07 October 2008.
01 Sep 2008 16:06:39
(Official Notice)
Allied Electronics Corporation Ltd (Altron), with interests across telecommunications, multi-media, IT and power electronics, is the first company in South Africa to be awarded a Gold certificate for corporate governance by Corporate Governance Accreditation (CGA) - having achieved a score in excess of 80%. The CGA award is a national independent measure of corporate governance that recognises companies with positive governance practices while providing assurance to stakeholders and investors.
28 Aug 2008 11:02:39
(Media Comment)
Altron CEO Robbie Venter was quoted in the Financial Mail as saying that it is keen to play an active role in consolidating South Africa's IT services industry. Venter said that conditions in the IT sector are likely to deteriorate and that opportunities will open up among unlisted, mid-sized IT companies. Altron subsidiary, Bytes Technology Group has a history of buying out minority shareholders in distressed IT companies and then turning these companies around.
21 Jul 2008 15:47:01
(Official Notice)
Mr M J Lamberti, an independent non-executive director of Altron, has resigned from the board of the company with effect from 18 July 2008. Shareholders are further advised that with effect from 1 August 2008, Mr A M R Smith has been appointed as an executive director and the chief financial officer of Altron.
15 Jul 2008 13:17:09
(Official Notice)
At the AGM of Altron shareholders held on Tuesday 15 July 2008, all resolutions as set out in the Notice of Annual General Meeting were passed by the requisite majorities of votes. The special resolution will be lodged with the Registrar of Companies for registration.
18 Jun 2008 07:50:44
(Media Comment)
A subsidiary of Altron's 100%-owned Bytes Technology, Bytes Communications Systems, has purchased Intelleca, a contact centre company. The amount was not disclosed. Intelleca has clients in Europe, the Middle East, Asia and Africa.
12 Jun 2008 09:27:56
(Official Notice)
Further to Altron`s audited consolidated financial results for the year ended 29 February 2008, published on 06 May 2008, the annual report was despatched on 11 June 2008. The annual report contains no modifications to the aforementioned published audited results.



Annual general meeting

The annual general meeting of the shareholders of Altron will be held at 09:30 on Tuesday, 15 July 2008 in the Boardroom, Altech Corporate Offices, 79 Central Street, Houghton, Johannesburg, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
14 May 2008 12:09:04
(Media Comment)
According to Finweek, Altron may still attempt to take out the minorities in Allied Technologies Ltd ("Altech") at some stage. This is because Altron wants to have a single entry point into the group. Altron has been acquiring more shares in Altech since its bid to take out minorities in the company failed, and now owns 62% of Altech's shares.
06 May 2008 08:34:29
(C)
The Altron group?s results for the year ended 29 February 2008 have shown strong growth with a 33% increase in headline earnings per share. Revenue increased by 25% from R17.1 billion in the prior year to R21.4 billion, with operating profit increasing by 27% from R1.53 billion to R1.94 billion. The group has increased its operating margin to 9.0%. Powertech has further enhanced its operating margin to 11.4% from 10.1% during the prior year as a result of operational leverage resulting from continuing high capacity utilisation. Altech has seen a marginal reduction in its operating margin to 8.1% from 8.4%. Similarly, Bytes has seen a decline in its normalised (excluding once-off expenses associated with the acquisition of minorities) operating margin from 8.0% to 7.2% - largely due to the increased contribution from its lower margin international operations.



Dividends

The following dividends are hereby declared for the year ended 29 February 2008:

* ordinary dividend No. 60 of 156 cents per share (2007: 118 cents)

* participating preference dividend No. 14 of 156 cents per share (2007: 118 cents).



Prospects

Despite the excellent trading results achieved by the group during the year under review, the uncertainties and volatility in the economic environment at present make it challenging to predict how these will impact on group performance. However, the significant investments made both internally and externally over the last few years, combined with a disciplined commitment to the business model should provide a strong foundation for the group to experience positive earnings growth in the forthcoming year, albeit not at the high levels achieved over the last two years.
03 Apr 2008 10:34:06
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the company's basic earnings per share for the year ended 29 February 2008 is expected to be between 20% to 25% higher as against the previous corresponding period, whilst headline earnings per share for the year ended 29 February 2008 is expected to be between 30% to 35% higher as against the previous corresponding period.



While each of Altron's sub-holding companies produced better than expected results, a key driver of the continued solid performance has been the significant demand for our infrastructure related products offered through our 100% owned subsidiary, Powertech. This demand has been driven by requirements from regional government and parastatals as well as the demand for industrial and commercial development in the building and construction sector. Altron's annual financial results for the financial year ended 29 February 2008 are expected to be announced on or about 6 May 2008.
01 Apr 2008 07:44:28
(Media Comment)
Business Day noted that Altron's wholly owned subsidiary Powertech, would acquire the 50% stake it did not own in ABB Powertech Transformers for R320 million to facilitate a BEE deal. The deal has obtained Competition Tribunal permission.
04 Feb 2008 16:36:34
(Official Notice)
Altron shareholders are advised that Ms B Masekela has been appointed as an independent non-executive director to the board of Altron, with effect from 1 February 2008. Ms Masekela was previously South Africa's Ambassador to France and the United States of America and has among others served as a director of several public listed corporations in South Africa.
26 Jul 2006 17:10:56
(Official Notice)
Adv D C Mpofu, a non-executive director of Altron, has tendered his resignation from the board of Altron with effect from 31 July 2006.
14 Jul 2006 12:52:40
(Official Notice)
Shareholders are advised that all the resolutions contained in the notice of annual general meeting were passed by the requisite majority of Altron shareholders. The special resolution will be submitted to the Registrar of Companies for registration in due course.
07 Jun 2006 10:34:59
(Official Notice)
Further to Altron's audited consolidated financial results for the year ended 28 February 2006, published on 9 May 2006, the annual report, despatched on 6 June 2006, contains no modifications to the financial statements. The annual general meeting will be held at 09:30 on Friday, 14 July 2006.
01 Jun 2006 09:50:35
(Official Notice)
The various discussions undertaken by Altron have been terminated. Shareholders no longer need to exercise caution when dealing in Altron's securities.
09 May 2006 09:45:07
(C)
Altron reported increases in both revenue which were up 14% to R14.0 billion from R12.2 billion, and operating income which exceeded R1 billion for the first time. In the year end results for 28 February 2006, headline earnings per share increased by 17% to 189c and a dividend of 78 cents per share was declared representing a 24% increase on the prior year. Return on capital employed improved to 23% and return on net assets to 27%. The balance sheet remains strong with cash on hand of R2.2 billion, compared to R1.5 billion in the prior year. Altron has remained committed to investing in capacity within its operations and incurred capital expenditure of R315 million during the year under review.
03 May 2006 16:57:55
(Official Notice)
Douglas Ramaphosa has been appointed as an alternate director to Dr Harold Serebro, senior executive director of Altron, with effect from 1 May 2006. Furthermore, Mr Ramaphosa has been appointed to the position of group executive: corporate affairs, reporting directly to Robert Venter, the Altron chief executive.
07 Apr 2006 11:24:51
(Official Notice)
Allied Technologies Ltd is still involved in negotiations which, if successfully concluded, may have a material effect on the price of Altech's and the company's securities on the JSE. Shareholders are advised to continue to exercise caution when dealing in their Altron securities until a further announcement is made.
13 Mar 2006 16:05:26
(Official Notice)
Shareholders are referred to the announcement made by Allied Technologies Ltd on Friday, 10 March 2006 in which Altech shareholders were advised that it would not be proceeding with its firm intention to make an offer to acquire the entire issued share capital of Prism. Shareholders are reminded that, apart from the above, Altech entered into other negotiations, which if successfully concluded, may have a material effect on the price of Altech and the company's shares. Accordingly, shareholders are reminded of the existing cautionary announcement published by Altron on 24 February 2006 and are advised to continue to exercise caution when dealing in their shares in the company until a further announcement has been made.
24 Feb 2006 15:01:31
(Official Notice)
Altech has entered into negotiations which may have a material effect on the price of both Altech and the company's shares. Accordingly, shareholders are advised to exercise caution when dealing in their shares in the company until a further announcement has been made.
14 Dec 2005 17:55:28
(Official Notice)
Altron shareholders are referred to the separate Altron and BTG cautionary announcements released simultaneously on 16 November 2005. Shareholders are hereby informed that the preliminary discussions between BTG and a third party have been terminated. Accordingly, shareholders are advised that caution need no longer be exercised when dealing in Altron or BTG securities.
16 Nov 2005 18:13:44
(Official Notice)
Shareholders are referred to the cautionary announcement released by Bytes Technology Group Ltd simultaneously herewith, and are advised that BTG has commenced preliminary discussions with a third party, which may have a material effect on the price of both BTG and the company's shares. Accordingly, shareholders are advised to exercise caution when dealing in their shares in the company until a further announcement has been made.
11 Oct 2005 09:43:59
(C)
Business confidence levels remain positive in South Africa driven by a sound economic climate. Domestic growth is accelerating, the rand remains stable against major currencies and interest rates and inflation have remained under control. This, together with strong consumer spending has stimulated growth within the Altech operations . Revenue increased to R6 989 million (R5 959 million) while attributable income to shareholders went up to R235 million (R151 million). Basic earnings was reported to be 54cps (55cps) while headline earnings came down to 16cps (70cps).



Outlook

The outlook for the sectors in which the Altron group operates remains positive, especially in terms of continued infrastructure spending, the increased activity in the building and construction industries, the opportunities available in a liberalised and deregulated telecoms market and recovering IT market conditions. These factors position the Altron group well to achieve acceptable growth in headline earnings and dividends for the financial year ending 28 February 2006.
12 Sep 2005 17:10:33
(Official Notice)
Shareholders are advised that Altron expects that its basic earnings per share for the six months ended 31 August 2005, will exceed those as published for the previous corresponding period by between 155% and 165%. This increase includes the impact of adopting International Financial Reporting Standards (`IFRS`) as well as the change in accounting standards, in terms of which goodwill is now subject to impairment rather than amortisation. In restating the previous corresponding period`s results to comply with IFRS, the increase in basic earnings per share compared to the restated figure for the previous period, will be between 120% and 130%. Basic earnings per share for the previous corresponding period increase from 32.3 cents to 37.2 cents as a result of this restatement.
02 Sep 2005 18:24:12
(Official Notice)
Shareholders are referred to an announcement by Altech, dated 31 August 2005, in terms of which Altech has entered into a settlement agreement with the other shareholders of EWG (`the TSMI shareholders`) to settle all disputes between Altech and the TSMI shareholders . Altron has a 57.9% shareholding in Altech, and as such, the proposed transaction constitutes a Category 3 transaction for Altron in terms of the JSE Listings Requirements. Altech will receive a total cash payment of USD87.5 million in respect of its interests in EWG, to be settled in three tranches. The effective date of the settlement agreement and the sale of Altech`s interest in EWG is 1 September 2005. Shareholders will be advised of any further developments regarding the proposed transaction should this become necessary.
21 Jul 2005 16:11:43
(Official Notice)
Altron shareholders are advised that pursuant to Adv D C Mpofu`s recent appointment as CEO of the SABC, Adv Mpofu, currently an executive director of Altron, is assuming the position of non-executive director to the board of Altron with immediate effect.

15 Jul 2005 16:13:44
(Official Notice)
Shareholders are advised that, at the annual general meeting of Altron all the resolutions contained in the notice of annual general meeting were passed by the requisite majority of Altron shareholders. The special resolutions will be submitted to the Registrar of Companies for registration in due course.
01 Jul 2005 14:01:05
(Official Notice)
Altron shareholders are advised that Mr I M Ayob, an independent non-executive director of Altron, has resigned from the board of Altron with effect from 30 June 2005.
20 Jun 2005 12:31:14
(Official Notice)
Further to Altron`s audited consolidated financial results for the year ended 28 February 2005, published on 10 May 2005, the annual report was dispatched on Friday, 17 June 2005. The annual report contains no modifications to the aforementioned published audited results. The annual general meeting will be held on Friday, 15 July 2005
09-Oct-2018
(X)
Altron is a holding company domiciled in South Africa and listed on the Johannesburg Stock Exchange (JSE). Altron is invested in the information and communications technology sector (ICT). It has ICT offerings in managed services, information technology and business process outsourcing, security services, narrowband and broadband communication services, fleet management and telematics, secure transaction services, systems integration and information technology infrastructure. Altron has a direct presence in Australia, South Africa, United Kingdom and selected African countries. The Altron Group employs more than 8 500 employees globally.


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