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18-Oct-2017
(Official Notice)
Shareholders are advised that the Company has entered into discussions relating to two potential acquisitions which, if either is successfully concluded, may have an effect on AECI?s share price.



Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement in this regard is made.



29-Sep-2017
(Official Notice)
Shareholders are advised that Mr Moses Kgosana has advised the board of AECI (?the Board?) that he wishes to resign from his position as non-executive director of the Company, with immediate effect.





26-Jul-2017
(Official Notice)
AECI shareholders are advised that a presentation on the company?s condensed consolidated unaudited interim financial results for the half-year ended 30 June 2017 will be made at 12h00 today, 26 July 2017, in Sandton.



The presentation will be available on AECI?s website http://www.aeci.co.za/index.php at or about that time. A link to a recording of the presentation will also be available on the website at or about 15h00 today.
26-Jul-2017
(C)
Revenue for the interim period decreased by 7% to R8.478 billion (2016: R9 .068 billion), profit from operations jumped 19% to R677 million (2016: R571 million), profit for the period attributable to ordinary shareholders rose to R407 million (2016: R309 million), while headline earnings per share came in 32% higher at 386 cents per share (2016: 293 cents per share).



Declaration of interim ordinary cash dividend

The directors of AECI declared a gross interim cash dividend of 138 cents per share, in respect of the six month period ended 30 June 2017.



Company outlook

The Group?s pillar strategy will be leveraged to expand its geographic footprint and market reach through organic growth and acquisitions.



Global mining is gaining momentum and this is positive for the Explosives segment, which has an extensive footprint and a broad spectrum of customers in this sector. Furthermore, market share gains and new contracts secured, are expected to benefit performance.



In South Africa, no significant acceleration of growth in the manufacturing sector is anticipated. Growth in the agrochemicals business will depend on rainfall patterns. AECI?s mining chemicals business has a good pipeline of export orders, however, and there are also opportunities for growth in the water treatment sector.



These factors, together with sustained focus on managing working capital and capital expenditure, as well as cost containment, should support an improved performance in the second half of the year.
18-Jul-2017
(Official Notice)
Shareholders are advised that for the half-year ended 30 June 2017 (?the period?) AECI?s headline earnings per share (?HEPS?) is expected to be between 381 cents and 396 cents, that is 30% and 35% higher than the 293 cents reported for the half-year ended 30 June 2016 (?the prior corresponding period?). Earnings per share (?EPS?) is expected to between 380 cents and 394 cents, also 30% to 35% higher than the 292 cents reported for the prior corresponding period.



In the prior corresponding period HEPS and EPS were negatively affected by the settlement cost (non-cash) of AECI?s post-retirement medical aid liability. The post-tax effect of this was R98 million, or 93 cents per share.



AECI?s results for the period are expected to be released the Stock Exchange News Service on or about Wednesday, 26 July 2017.
07-Jun-2017
(Official Notice)
AECI shareholders are advised that a presentation focused on the company?s Water strategic growth pillar is being given on Wednesday, 7 June 2017, in Cape Town, to institutional shareholders from 09:30 (SA time).



The same presentation will be available on AECI?s website www.aeci.co.za at or about 09:30 today.



29-May-2017
(Official Notice)
At the 93rd annual general meeting (?AGM?) of the shareholders of AECI held on 29 May 2017, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
23-May-2017
(Official Notice)
On Tuesday, 23 May 2017, the Directors of AECI declared a gross cash dividend, at the rate of 5,5% per annum (equivalent to GBP2.75 pence sterling), for the six months ending Thursday, 15 June 2017. The dividend is payable on Thursday, 15 June 2017 to holders of preference shares recorded in the register of the Company at the close of business on the record date, being Friday, 9 June 2017. The last day to trade ?cum? dividend will be Tuesday, 6 June 2017 and shares will commence trading ?ex? dividend as from the commencement of business on Wednesday, 7 June 2017.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Thursday, 15 June 2017. Dividends payable from South Africa will be paid in South African currency at the rate of 46.89608 ZAR cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 15 May 2017 (1 pound sterling = ZAR17.05312).



A South African dividend withholding tax of 20% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement, resulting in a net dividend of 37,51686 cents per share payable to those shareholders who are not eligible for exemption or reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Tuesday, 6 June 2017.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Tuesday, 6 June 2017. The issued share capital of the Company at the declaration date is 121 829 083 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the Company.



Any change of address or dividend instruction must be received on or before Tuesday, 6 June 2017. Share certificates may not be dematerialised or rematerialised between Wednesday, 7 June 2017, and Friday, 9 June 2017, both days inclusive.
13-Apr-2017
(Official Notice)
With regard to the audited results for the year ended 31 December 2016 shareholders are advised that the integrated report and the consolidated annual financial statements have been posted on AECI?s website (www.aeci.co.za) on Wednesday, 13 April 2017. Printed copies were also mailed today. The consolidated annual financial statements contain no modifications to the summarised audited consolidated financial results which were published on SENS on 28 February 2017.



Notice of annual general meeting

Notice is hereby given that the 93nd annual general meeting of AECI shareholders will be held at 09h00 on Monday, 29 May 2017, on the Ground Floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the notice of annual general meeting forming part of the integrated report and consolidated annual financial statements. Salient dates



The notice of annual general meeting has been sent to AECI shareholders who were recorded as such in the company?s securities register on Friday, 7 April 2017 (and not 13 April 2017 as indicated in the notice of AGM distributed with the integrated annual report and annual financial statements), being the notice record date set by the board of the company in determining which shareholders are entitled to receive notice of annual general meeting. The record date on which shareholders of the company must be registered as such in the company?s securities register in order to attend and vote at the annual general meeting is Friday, 19 May 2017 being the voting record date set by the board of the company determining which shareholders are entitled to attend and vote at the annual general meeting. The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Tuesday, 16 May 2017. Proxy forms must be lodged by no later than 09h00 on Thursday, 25 May 2017.



Any forms of proxy not lodged by this time must be handed to the chairman of the annual general meeting immediately prior to the annual general meeting.

28-Feb-2017
(Official Notice)
AECI shareholders are advised that a presentation on the Company?s summarised audited consolidated financial results for the year ended 31 December 2016 will be made available at 12:00 on 28 February 2017, in Sandton. The presentation will be available on AECI?s website www.aeci.co.za at or about that time.
28-Feb-2017
(C)
Revenue for the year was 1% higher at R18.6 billion (R18.4 billion). Profit from operations fell 22% to R1.3 billion (R1.7 billion). Profit for the year attributable to ordinary shareholders slumped to R777 million (R1.0 billion). In addition, headline earnings per share decreased by 9% to 818 cents per share (894 cents per share).



dividend

On Monday, 27 February 2017, the directors of AECI declared a gross final cash dividend of 300 cents per share, in respect of the financial year ended 31 December 2016.



Outlook

The global outlook is more positive than it was a year ago. Better overall GDP growth is forecast, the US dollar is expected to remain strong and it is not anticipated that oil prices will return to the low levels seen in the early part of 2016. This should have a positive effect on input chemical prices. Commodity prices in general appear to be on an upward trend, a positive signal for activity in the mining sector.



In South Africa, the GDP growth forecast for 2017 and 2018, though still modest, indicates an improvement in economic activity from 2016?s low base.



A more positive overall environment will benefit AECI as it implements its strategy. Group businesses are focused on the mining sector; the water treatment industry in Africa, where water remains a scarce resource required by every sector of the economy; agrochemicals in Southern Africa, where rainfall patterns appear to have normalised on the whole; the food industry in Southern Africa, where growth continues to outpace that of GDP; and the diverse industries that comprise South Africa?s manufacturing sector. The Group?s customer-centric and value-adding specialty chemicals businesses are well placed to benefit from improvements in this sector.



Cash management will remain a focus area, as will the pursuit of accelerated growth through acquisitions and the realisation of benefits from strategic value growth initiatives embarked on in the last two years.
30-Nov-2016
(Official Notice)
Shareholders were advised on 26 July 2016 that Schalch Engelbrecht would retire from his position as Chairman of the company and the board of directors (?the board?) at the end of February 2017.



AECI announced the appointment of Dr Khotso Mokhele as Chairman with effect from 1 March 2017. Khotso joined the company?s board as an Independent Non-executive director on 1 March 2016.
18-Nov-2016
(Official Notice)
Notice is hereby given that, on Friday, 18 November 2016, the Directors of AECI declared a gross cash dividend, at the rate of 5,5% per annum (equivalent to 2,75 pence sterling), for the six months ending Thursday, 15 December 2016. The dividend is payable on Thursday, 15 December 2016 to holders of preference shares recorded in the register of the Company at the close of business on the record date, being Friday, 9 December 2016.



The last day to trade ?cum? dividend will be Tuesday, 6 December 2016 and shares will commence trading ?ex? dividend as from the commencement of business on Wednesday, 7 December 2016.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Thursday, 15 December 2016. Dividends payable from South Africa will be paid in South African currency at the rate of 49,79769 ZAR cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 14 November 2016 (1 pound sterling = ZAR18,10825).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement, resulting in a net dividend of 42,32804 ZAR cents per share payable to those shareholders who are not eligible for exemption or reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Tuesday, 6 December 2016.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Tuesday, 6 December 2016.



The issued share capital of the Company at the declaration date is 121 829 083 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the Company.



Any change of address or dividend instruction must be received on or before Tuesday, 6 December 2016.



Share certificates may not be dematerialised or rematerialised between Wednesday, 7 December 2016 and Friday, 9 December 2016, both days inclusive.
26-Jul-2016
(Official Notice)
AECI shareholders are advised that a presentation on the company?s condensed consolidated unaudited interim financial results for the half-year ended 30 June 2016 will be made at 12:00 today, 26 July 2016, in Sandton.



The presentation will be available on AECI?s website www.aeci.co.za/index.php at or about that time. A link to a recording of the presentation will also be available on the website at or about 15:00 today.



26-Jul-2016
(C)
Revenue for the interim period went up 5% to R9.1 billion (R8.6 billion). Profit from operations decreased by 42% to R571 million (R991 million). Profit attributable to ordinary shareholders tumbled to R309 million (R658 million). In addition, headline earnings per share took a 48% knock to 293 cents per share (565 cents per share).



Declaration of interim cash dividend no. 165

Notice is hereby given that on Monday, 25 July 2016, the Directors of AECI declared a gross interim cash dividend of 135 cents per share in respect of the six-month period ended 30 June 2016. The dividend is payable on Monday, 5 September 2016 to holders of ordinary shares recorded in the register of the company at the close of business on the record date, being Friday, 2 September 2016.



Outlook

Conditions in the global and local trading environment are likely to remain difficult. Growth rates are forecast to remain at low levels overall and there is no indication of any meaningful recovery in either commodity prices or the resources sector.



In South Africa, economic growth will also remain subdued, interest rates are in a moderate upward cycle, the rand exchange rate against major currencies remains weak and volatile, and uncertainty persists in the labour relations arena. A return to normalised rainfall patterns in the coming summer season will be a driving factor in the second half- year, particularly in the agricultural, food and beverage and general industrial sectors.



AECI believes that it is well placed to sustain its underlying performance. New contracts gained by AEL, the contributions of recent acquisitions, market share gains, and the benefits of a diversified portfolio and extensive geographic footprint are expected to assist. AECI?s businesses service a broad spectrum of customers in many countries, particularly in Africa. The Group has extensive logistics and warehousing capability on the continent and this competitive advantage continues to be leveraged.



The focus on the careful management of costs, working capital and capital expenditure will be maintained for the most effective cost base possible. In this regard, Group-wide collaboration, innovation and strategic sourcing initiatives are expected to deliver enhanced efficiencies and savings. The weak rand exchange rate presents opportunities for exports and import replacements and these continue to be pursued.
15-Jul-2016
(Official Notice)
In compliance with the JSE Listings Requirements and following the guidance provided to the market in the Stock Exchange News Service (?SENS?) announcement dated 6 June 2016, shareholders are advised that for the half-year ended 30 June 2016 (?the period?) AECI?s headline earnings per share (?HEPS?) are expected to be between 40% and 60% (i.e. 226 cents and 339 cents) lower than the 565 cents achieved for the half-year ended 30 June 2015 (?the prior corresponding period?). Earnings per share (?EPS?) are also expected to be between 40% and 60% (i.e. 235 cents and 353 cents) lower than the 588 cents of the prior corresponding period. The decreases are attributable to:

*in the prior corresponding period the once-off bulk sale of the Group?s surplus property assets at Somerset West contributed 230 cents to HEPS and EPS;

*as disclosed in the 2015 integrated report, in December 2015 the Group made a voluntary alternative benefit offer to active employees entitled to a post-retirement medical aid (?PRMA?) subsidy. The settlement cost (non-cash) was in excess of the carrying amount of the PRMA liability and the difference will be accounted for in the period as a loss on settlement, in accordance with IAS 19. The estimated loss for the period was R136 million, a 93 cents negative effect on HEPS.



The financial information on which this trading statement is based has not been reviewed and reported on by the Company?s external auditors. AECI?s results for the period are expected to be released on SENS on or about Tuesday, 26 July 2016.



06-Jun-2016
(Official Notice)
Shareholders are advised that for the half-year ending 30 June 2016 ("the period") AECI?s headline earnings per share ("HEPS") are expected to be at least 20% (113 cents) lower than the 565 cents achieved for the half-year ended 30 June 2015 ("the prior corresponding period"). Earnings per share ("EPS") are also expected to be at least 20% (118 cents) lower than the 588 cents of the prior corresponding period.



In the prior corresponding period the once-off bulk sale of the group?s surplus property assets at Somerset West contributed 230 cents per share to HEPS and EPS.



In line with the Listings Requirements, a further trading statement will be issued as soon as there is a reasonable degree of certainty as to the likely range within which the company?s HEPS and EPS for the period are expected to decrease from those of the prior corresponding period.



The financial information on which this trading statement is based has not been reviewed and reported on by the company?s external auditors. The information provided does not contain, and should not be construed as containing, any forward-looking statements or projections of any nature for the period ending 30 June 2016.



AECI?s results for the period are expected to be released the Stock Exchange News Service on or about Tuesday, 26 July 2016.



30-May-2016
(Official Notice)
At the 92nd annual general meeting (?AGM?) of the shareholders of AECI held on 30 May 2016, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
20-May-2016
(Official Notice)
Notice is given that, on Friday, 20 May 2016, the Directors of AECI declared a gross cash dividend, at the rate of 5.5 per cent per annum (equivalent to GBP2.75 pence sterling), for the six months ending Wednesday, 15 June 2016. The dividend is payable on Wednesday, 15 June 2016 to holders of preference shares recorded in the register of the company at the close of business on the record date, being Friday, 10 June 2016.



The last day to trade ?cum? dividend will be Friday, 3 June 2016 and shares will commence trading ?ex? dividend as from the commencement of business on Monday, 6 June 2016.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Wednesday, 15 June 2016. Dividends payable from South Africa will be paid in South African currency at the rate of 61.38750 cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 16 May 2016 (1 pound sterling = ZAR22.32273).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement, resulting in a net dividend of 52.17938 cents per share payable to those shareholders who are not eligible for exemption or reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 3 June 2016.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 3 June 2016.



The issued share capital of the company at the declaration date is 122 271 295 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the company.



Any change of address or dividend instruction must be received on or before Friday, 3 June 2016.



Share certificates may not be dematerialised or rematerialised between Monday, 6 June 2016 and Friday, 10 June 2016, both days inclusive.
22-Apr-2016
(Official Notice)
With regard to the audited results for the year ended 31 December 2015 shareholders are advised that the integrated report and the consolidated annual financial statements have been posted on AECI?s website (www.aeci.co.za) today, 22 April 2016. Printed copies are also being mailed today. The consolidated annual financial statements contain no modifications to the reviewed condensed consolidated financial results which were published on SENS on 23 February 2016.



Notice of Annual General Meeting

Notice is hereby given that the 92nd Annual General Meeting of AECI shareholders will be held at 09h00 on Monday, 30 May 2016, on the Ground Floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the Notice of Annual General Meeting forming part of the integrated report and consolidated annual financial statements.



Salient dates

The Notice of Annual General Meeting has been sent to AECI shareholders who were recorded as such in the Company?s securities register on Friday, 15 April 2016, being the Notice record date set by the Board of the Company in determining which shareholders are entitled to receive Notice of Annual General Meeting. The record date on which shareholders of the Company must be registered as such in the Company?s securities register in order to attend and vote at the Annual General Meeting is Friday, 20 May 2016 being the voting record date set by the Board of the Company determining which shareholders are entitled to attend and vote at the Annual General Meeting. The last day to trade in order to be entitled to vote at the Annual General Meeting will therefore be Friday, 13 May 2016. Proxy forms must be lodged by no later than 09h00 on Thursday, 26 May 2016.



Any forms of proxy not lodged by this time must be handed to the Chairman of the Annual General Meeting immediately prior to the Annual General Meeting.
23-Feb-2016
(Official Notice)
AECI shareholders are advised that a presentation on the Company?s reviewed condensed consolidated financial results for the year ended 31 December 2015 will be made at 12:00 today, 23 February 2015, in Sandton. The presentation will be available on AECI?s website www.aeci.co.za at or about that time. A link to a recording of the presentation will also be available on the website at or about 15:00 today.
23-Feb-2016
(C)
Revenue for the year increased by 9% to R18.446 billion (2014: R16.903 billion). Profit from operations rose by 7% to R1.703 billion (2014: R1.596 billion), profit for the year attributable to ordinary shareholders was slightly lower at R1.007 billion (2014: R1.096 billion), while headline earnings per share grew by 6% to 894 cents per share (2014: 842 cents per share).



Declaration of final ordinary cash dividend no. 164

Notice is hereby given that, on Monday, 22 February 2016, the Directors of AECI declared a gross final cash dividend of 260 cents per share, in respect of the financial year ended 31 December 2015.



Outlook and strategy

Indications are that conditions in the global and local economic environments will remain difficult, with no step-change improvement expected in the short to medium term. In Southern Africa, the effects of drought conditions are an additional concern. Locally, the weak and volatile rand exchange rate presents challenges but also opportunities.



AECI believes that its diversified products and services portfolio, its geographic footprint, and ongoing innovation to meet customers? changing requirements will sustain performance. The Group will continue to reshape and refocus its business model for the current operating environment, pursue additional acquisitions in South Africa, the rest of Africa and internationally in support of its strategic growth pillars, and expand and leverage its international presence further so as to grow earnings generated in major currencies. Opportunities for exports and import replacements will be rigorously pursued.



The careful management of working capital remains a focus, as does the maintenance of the most effective cost base possible. The objective will be to manage fixed capital spend in line with depreciation and amortisation. Innovation is key if AECI is to remain at the forefront of adding value to its customers. Accordingly, research and development that enhances current products and services while preparing more effective alternatives for the future will continue.



Collaboration between Group businesses is another focus area. The best current example of this is the mine-to-metal model that brings together the expertise of AEL, Senmin and ImproChem as a single Mining Solutions offering. Similar initiatives will be developed in the Group?s other strategic pillars.
09-Feb-2016
(Official Notice)
AECI announced the appointment of Dr Khotso Mokhele as a Non-executive Director of the company.



Dr Mokhele is Special Advisor to the Minister of Science and Technology, Chancellor of the University of the Free State, Lead Independent Non-Executive Director of Afrox and a Non-Executive Director on the Boards of Zimbabwe Platinum Holdings, Tiger Brands and Hans Merensky Holdings.



His extensive academic qualifications include a PhD in Microbiology and an MSc Food Science degree, both from the University of California in the USA. He also has nine Honorary Doctorates from universities in South Africa and the USA.



Dr Mokhele?s appointment to the AECI Board is effective from 1 March 2016.
11-Dec-2015
(Official Notice)
AECI announced the appointment of Mr Graham Wayne Dempster as a Non-executive Director of the Company.
20-Nov-2015
(Official Notice)
Notice is hereby given that, on Friday, 20 November 2015, the Directors of AECI declared a gross cash dividend, at the rate of 5,5% per annum (equivalent to 2,75 pence sterling), for the six months ending on Tuesday, 15 December 2015. The dividend is payable on Tuesday, 15 December 2015 to holders of preference shares recorded in the register of the Company at the close of business on the record date, being Friday, 11 December 2015.



The last day to trade 'cum' dividend will be Friday, 4 December 2015 and shares will commence trading 'ex' dividend as from the commencement of business on Monday, 7 December 2015.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Tuesday, 15 December 2015. Dividends payable from South Africa will be paid in South African currency at the rate of 60,17215 ZAR cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 16 November 2015 (1 pound sterling = ZAR21,88078).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement, resulting in a net dividend of 51,14633 cents per share payable to those shareholders who are not eligible for exemption or reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 4 December 2015.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 4 December 2015.



The issued share capital of the Company at the declaration date is 124 026 829 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the Company.



Any change of address or dividend instruction must be received on or before Friday, 4 December 2015. Share certificates may not be dematerialised or rematerialised between Monday, 7 December 2015 and Friday, 11 December 2015, both days inclusive.
27-Oct-2015
(Official Notice)
AECI shareholders are advised that presentations focused mainly on the Company?s Food Additives and Ingredients strategic growth pillar is being given on Tuesday, 27 October 2015, in Cape Town, to institutional shareholders from 10:00 (SA time). The same presentation will be available on AECI?s website www.aeci.co.za.
15-Oct-2015
(Official Notice)
06-Oct-2015
(Official Notice)
In compliance with the Listings Requirements of the JSE Limited, notification is hereby given that Mr Tak Hiemstra has resigned from his position as Non-executive Director of the Company, with immediate effect.



28-Jul-2015
(Official Notice)
AECI shareholders are advised that a presentation on the Company?s condensed consolidated unaudited interim financial results for the half-year ended 30 June 2015 was given at 12:00 on, 28 July 2015 in Sandton.



The presentation will be available on AECI?s website www.aeci.co.za at or about that time. A link to a recording of the presentation will also be available on the website.
28-Jul-2015
(C)
Revenue was up 8% to R8.6 billion (R7.99 billion). Profit from operations rose by 22% to R991 million (R814 million). Net attributable profit increased to R658 million (R601 million). In addition, headline earnings per share increased by 45% to 565cps (390cps).



Dividend

The Board has declared an interim cash dividend of 125 cents per ordinary share, a 9% increase on 2014?s 115 cents.



Outlook and strategy

Conditions in the global and domestic mining industry, and in the local manufacturing sector, will remain difficult. In South Africa, electricity constraints and uncertainty in labour relations will exacerbate this. AECI will need to remain nimble and flexible enough to enhance the Group?s value-adding product and service offering to its customers in an environment that is likely to remain challenging. This includes reshaping and refocusing its mining solutions businesses to align them with the significantly changed conditions in the mining industry.



AECI will continue to consolidate its geographical footprint and will concentrate on growing its position further in African markets. The benefits of recent strategic acquisitions and capital expenditure programmes are also expected to assist the Group?s performance.
24-Jul-2015
(Official Notice)
In compliance with the JSE Listings Requirements and following the guidance provided to the market in the Stock Exchange News Service ("SENS") announcement dated 21 July 2015, shareholders are advised that for the half-year ended 30 June 2015 ("the period") AECI?s headline earnings per share ("HEPS") are expected to be between 43% and 47% (i.e. 168 cents and 183 cents) higher than the 390 cents of the prior corresponding period. Earnings per share ("EPS") are expected to be between 7% and 11% (i.e. 38 cents and 59 cents) higher than the 537 cents of the prior corresponding period.



The increases are attributable to the effects of the bulk sale of the Group?s surplus property assets at Somerset West to the City of Cape Town ("the transaction") for a cash consideration of R400 million (excluding VAT).



The transaction was approved on 24 June 2015 by the Competition Tribunal of South Africa and, accordingly, revenue of R400 million and profit from operations of R294 million were recognised.



Earnings in the prior corresponding period were positively impacted by proceeds from the bulk sale of the Group?s surplus property assets in Modderfontein. However, the EPS and HEPS benefits of this were partly offset by the negative effects of the strikes in South Africa?s platinum mining sector on AECI?s businesses between January and June.



The company is currently finalising its results for the period and it is expected that these will be released on SENS on or about Tuesday, 28 July 2015.
24-Jul-2015
(Official Notice)
AECI announced that Edwin Ludick has been appointed Managing Director of AEL Mining Services, a wholly-owned Group subsidiary, with immediate effect. He has been acting in this position since 15 May 2015.
21-Jul-2015
(Official Notice)
In compliance with the JSE Limited Listings Requirements, shareholders are advised that for the half-year ended 30 June 2015 ("the period") AECI?s headline earnings per share ("HEPS") are expected to be at least 20% (78 cents) higher than the 390 cents of the prior corresponding period.



The increase is attributable to the effects of the bulk sale of the Group?s surplus property assets at Somerset West to the City of Cape Town ("the transaction") for a cash consideration of R400 million (plus VAT, if applicable).



The transaction was approved on 24 June 2015 by the Competition Tribunal of South Africa and, accordingly, revenue of R400 million and profit from operations of R294 million were recognised.



Earnings per share ("EPS") are not expected to be similarly impacted.



The Company is currently finalising its results for the period and it is expected that these will be released on SENS on or about Tuesday, 28 July 2015. A further trading statement, indicating the range of the HEPS increase, will be issued before this date.



The financial information on which this trading statement is based has not been reviewed and reported on by the Company?s external auditors.
24-Jun-2015
(Official Notice)
Shareholders are referred to AECI?s announcement published on SENS on 5 June 2015 in this regard.



The last outstanding condition precedent to which the Transaction was subject was its approval by the competition authorities.



Shareholders are advised the Transaction was approved today, Wednesday, 24 June 2015, by the Competition Tribunal of South Africa, without conditions, and accordingly the Transaction has become unconditional.
05-Jun-2015
(Official Notice)
Paardevlei Properties (Pty) Ltd. ("Paardevlei"), a wholly-owned subsidiary of AECI, and the City of Cape Town ("the City") have entered into an agreement in terms of which the City will acquire 709 hectares of land, and certain buildings, of the total 734 hectares of land owned by Paardevlei in Somerset West, Cape Town ("the Transaction"). These assets have become surplus to AECI?s and Paardevlei's operational requirements.



The Transaction is for a cash consideration of R400 million (plus VAT if applicable). It excludes Precinct 1, which is 25 hectares in extent and was valued at R119 million by the Standard Bank Property Group in 2014. The Transaction is subject to approval by the Competition Commission of South Africa.
01-Jun-2015
(Official Notice)
At the 91st annual general meeting (?AGM?) of the shareholders of AECI held on the 1st of June 2015, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
22-May-2015
(Official Notice)
On Friday, 22 May 2015, the Directors of AECI declared a gross cash dividend, at the rate of 5.5 per cent per annum (equivalent to 2.75 pence sterling), for the six months ending Monday, 15 June 2015. The dividend is payable on Monday, 15 June 2015 to holders of preference shares recorded in the register of the Company at the close of business on the record date, being Friday, 12 June 2015. The last day to trade ?cum? dividend will be Friday, 5 June 2015 and shares will commence trading ?ex? dividend as from the commencement of business on Monday, 8 June 2015.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Monday, 15 June 2015. Dividends payable from South Africa will be paid in South African currency at the rate of 51.01575 ZA cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 18 May 2015 (1 pound sterling = ZAR18.55118). A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement resulting in a net dividend of 43.36339 ZA cents per share payable to those shareholders who are not eligible for exemption or reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 5 June 2015.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 5 June 2015. The issued share capital of the Company at the declaration date is 128 241 140 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the Company. Any change of address or dividend instruction must be received on or before Friday, 5 June 2015. Share certificates may not be dematerialised or rematerialised between Monday, 8 June 2015 and Friday,12 June 2015, both days inclusive.
15-May-2015
(Official Notice)
AECI shareholders are referred to the declaration of a special dividend of 375 cents per ordinary share (?Special Dividend?) published on SENS on Tuesday, 24 February 2015. In that declaration, shareholders were advised that the Special Dividend was subject to approval by the Financial Surveillance Department of the South African Reserve Bank.



Such approval has been received and, accordingly, the salient dates for the Special Dividend are confirmed as follows:

*Last day of trade to receive Special Dividend -- Friday, 22 May 2015

*Shares commence trading ex Special Dividend -- Monday, 25 May 2015

*Record date -- Friday, 29 May 2015

*Payment date -- Monday, 1 June 2015



Share certificates may not be dematerialised or rematerialised from Monday, 25 May 2015 to Friday, 29 May 2015, both days inclusive.



Any change of address or dividend instruction must be received on or before Thursday, 21 May 2015. The Special Dividend is a dividend as defined in the Income Tax Act, 1962 and in terms of this Act a dividend withholding tax rate of 15% is applicable to shareholders who are not exempt from dividend withholding tax, resulting in a net dividend amount of 318,75000 cents per share. The dividend has been declared from the income reserves of the Company. No Secondary Tax on Companies? credits are available to be used.



The Directors have satisfied the solvency and liquidity test as required in terms of section 4(1) of the Companies Act, Act No. 71 of 2008. The issued share capital is 128 241 140 listed ordinary shares and 10 117 951 unlisted redeemable convertible B ordinary shares.
24-Apr-2015
(Official Notice)
17-Apr-2015
(Official Notice)
AECI announced that Edwin Ludick has been appointed Acting Managing Director of AEL Mining Services, a wholly-owned Group subsidiary, with effect from 15 May 2015. He will serve in this position until the process to appoint a permanent candidate has been completed. Edwin is a member of the AECI Executive Committee and an Executive of the Group?s specialty chemicals cluster. He is Chairman of a number of companies in this cluster and is also tasked with leading the growth of AECI?s chemicals businesses outside of South Africa.
30-Mar-2015
(Official Notice)
Schalk Venter, a member of the company?s Executive Committee and Managing Director of AEL Mining Services Ltd. (?AEL?) will be leaving the Group on 15 May 2015, after 24 years of service, to pursue another opportunity in industry.
24-Feb-2015
(Official Notice)
AECI shareholders are advised that a presentation on the Company?s reviewed condensed consolidated financial results for the year ended 31 December 2014 will be made at 12:00 today, 24 February 2015 in Sandton. The presentation will be available on AECI?s website www.aeci.co.za at or about that time. A link to a recording of the presentation will also be available on the website at or about 17:00 on 24 February 2015.

24-Feb-2015
(C)
Revenue for the year increased by 6% to R16.9 billion (2013: R15.9 billion). Profit from operations jumped 14% to R1.6 billion (2013: R1.4 billion), while profit for the year attributable to ordinary shareholders was higher at R1.1 billion (2013: R946 million). Furthermore, headline earnings per share grew by 6% to 842cps (2013: 791cps).



Declaration of final ordinary cash dividend

On Monday, 23 February 2015, the directors of AECI declared a gross final cash dividend of 225cps, in respect of the financial year ended 31 December 2014.



Special dividend declaration

Shareholders are advised that the Directors of AECI have declared a gross special dividend (?Special Dividend?) of 375cps, thereby returning to shareholders the majority of the net proceeds from the bulk property sale at Modderfontein.



Outlook and strategy

The outlook for the global economy and commodity prices remains uncertain. Growth in the South African economy is expected to remain weak in 2015, as is that in the local manufacturing sector. Electricity supply issues, volatility in the oil price and labour relations in the mining sector remain of concern. AECI will need to be nimble and flexible enough to adapt its strategy and business model to any changes in the environment and the needs of its customers. Cost control and working capital management will be priorities.



Nonetheless, due to its strategic positioning, AECI believes it is well placed to take advantage of opportunities in its chosen growth areas of mining solutions, agriculture, water solutions and food additives. Growth by strategic acquisition will remain a focus. The Group will continue to consolidate and diversify its geographical footprint and will build on progress made in Australia and Indonesia. In Africa it will also continue to leverage the benefits of its footprint and know-how, established over many years.



The benefits of recent strategic capital expenditure programmes will also make a positive contribution to the Group?s performance in 2015 and beyond.
12-Jan-2015
(Official Notice)
Change to the Board: appointment of a Non-executive Director



AECI is pleased to announce the appointment of Mr Godfrey Gomwe (59) as Non-executive Director of the Company.



Mr Gomwe spent the last 26 years in Executive positions in the metals and mining industry, including 15 years with Anglo American plc. At the time of his early retirement at the end of March 2014, he was Chief Executive of Anglo American Thermal Coal and was also responsible for Anglo American?s manganese interests in the joint venture with BHP Billiton.



During his career he developed and led the execution of major business repositioning and transformation strategies. He was also a leader in driving safety culture and performance in the workplace.



Mr Gomwe has experience in working with governments and political organisations in several African countries. He is also experienced in the areas of venture capital and private equity.



He is passionate about job creation, food security and sustainable poverty alleviation in Southern Africa and is involved in several charitable causes, through his Chairmanship of Tshikululu Social Investments NPC.



Mr Gomwe?s appointment to the Company?s Board will be effective from 31 January 2015.
21-Nov-2014
(Official Notice)
On Friday, 21 November 2014, the directors of AECI declared a gross cash dividend, at the rate of 5.5 per cent per annum (equivalent to 2.75 pence sterling), for the six months ending Monday, 15 December 2014. The dividend is payable on Monday, 15 December 2014 to holders of preference shares recorded in the register of the Company at the close of business on the record date, being Friday, 12 December 2014. The last day to trade "cum" dividend will be Friday, 5 December 2014 and shares will commence trading "ex" dividend as from the commencement of business on Monday, 8 December 2014.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Monday, 15 December 2014. Dividends payable from South Africa will be paid in South African currency at the rate of ZAR47.72290 cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 17 November 2014 (GBP1 = ZAR17.35378).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement, resulting in a net dividend of ZAR40.56447 cents per share payable to those shareholders who are not eligible for exemption or reduction. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 5 December 2014.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 5 December 2014. The issued share capital of the Company at the declaration date is 128 241 140 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the Company. No Secondary Tax on Companies? credits are available for use.



Any change of address or dividend instruction must be received on or before Friday, 5 December 2014. Share certificates may not be dematerialised or rematerialised between Monday, 8 December 2014 to Friday, 12 December 2014, both days inclusive.
28-Oct-2014
(Official Notice)
AECI shareholders are advised that presentations focused mainly on the company's strategic growth pillars (mining solutions, water solutions, agrochemicals, and food additives) are being given today, Tuesday, 28 October 2014, in Woodmead, to institutional shareholders from 09:30 (SA time).



The same presentations will be available on AECI's website www.aeci.co.za at or about 09:30 today, Tuesday, 28 October 2014.
29-Jul-2014
(Official Notice)
AECI shareholders are advised that a presentation on the company's condensed consolidated unaudited interim financial results for the half-year ended 30 June 2014 will be made at 12:00 today, 29 July 2014 in Sandton.



The presentation will be available on the website www.aeci.co.za at or about 12:00. In addition, a link to a recording of the presentation will be available on the website at or about 17:00 today, 29 July 2014.
29-Jul-2014
(C)
Revenue was up 11% to R7.99 billion (R7.22 billion). Profit from operations rose by 33% to R814 million (R612 million). Net attributable profit increased to R601 million (R398 million). In addition, headline earnings per share increased by 10% to 390cps (356 cps).



Dividend

A gross interim ordinary dividend of 115cps has been declared.



Outlook

AECI?s growth potential in South Africa?s iron ore and coal mining sectors is positive. In platinum mining, uncertainty remains regarding the timing and extent of the industry?s recovery from the strikes. The negative effects of these have continued into the second half-year and it is unlikely that AECI?s businesses serving these customers will recover lost profits. The outlook for the Group?s strategic growth areas of agriculture and water solutions in Africa is also positive, as are prospects for acquisitions on the continent. Businesses acquired in the last two years are delivering the benefits anticipated and the same is expected of the recently acquired Clariant water treatment business. AECI will continue to pursue its strategy of expanding into new markets in Africa and other countries of interest. It will build on the progress made to date in Africa, Australasia and Latin America.
22-Jul-2014
(Official Notice)
Shareholders are advised that for the half-year ended 30 June 2014 ("the period") AECI's earnings per share ("EPS") are expected to be between 45% and 55% higher than the 356 cents of the prior corresponding period. Headline earnings per share ("HEPS") are expected to be between 5% and 15% higher than the 356 cents of the prior corresponding period.



On 20 March 2014, AECI received cash of R1 061 million (including VAT) in consideration of the disposal by the Group of its surplus property assets at Modderfontein. Profit from operations relating to the transaction was R421 million before tax. This was included in EPS. Owing to the nature of the property sold, only R240 million of the R421 million was recognised as revenue profit before tax and therefore included in HEPS.



The HEPS benefits of the property transaction were offset, in part, by the negative impact of the strikes in South Africa's platinum mining sector on the Group's businesses between January and June. The Company is currently finalising its results for the period and it is expected that these will be released on SENS on or about Tuesday, 29 July 2014.
02-Jun-2014
(Official Notice)
At the ninetieth (90th) Annual General Meeting of the shareholders of AECI held today, 2 June 2014, all the ordinary and special resolutions proposed at the meeting were approved by the holders of AECI Ordinary Shares and the holders of AECI B Ordinary Shares by the requisite majority of votes.



All the resolutions contained in the Notice of Annual General Meeting (the Notice), dated 11 April 2014 and posted to shareholders on 25 April 2014, were considered. An additional ordinary resolution, number 3.4 relating to the appointment of Mr RL Hiemstra to the Board as a Non-executive Director of the Company to fill a vacancy, was also considered. Mr Hiemstra?s appointment was announced on 29 April 2014 and took effect on 1 May 2014, both these dates subsequent to the Notice being issued. The special resolutions will be lodged for registration with the Companies and Intellectual Property Commission in due course.

16-May-2014
(Official Notice)
Notice is given that on Friday, 16 May 2014 the Directors of AECI declared a gross dividend at the rate of 5.5 per cent per annum for the six months ending Friday, 13 June 2014 payable on Friday, 13 June 2014 to holders of preference shares recorded in the books of the company at the close of business on Friday, 6 June 2014.



The last day to trade cum dividend will be Friday, 30 May 2014 and shares will commence trading ex dividend as from Monday, 2 June 2014.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Friday, 13 June 2014. Dividends payable from South Africa will be paid in South African currency at the rate of 47.93875 cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 12 May 2014 (1 pound sterling = R17.43227).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement resulting in a net dividend of 40,74794 cents per share to those shareholders who are not exempt. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 30 May 2014.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 30 May 2014.



The issued share capital at the declaration date is 128 241 140 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the company. No Secondary Tax on Companies' credits are available to be used.



Any change of address or dividend instruction must be received on or before Friday, 30 May 2014.



Share certificates may not be dematerialised or rematerialised from Monday, 2 June 2014 to Friday, 6 June 2014, both days inclusive.
29-Apr-2014
(Official Notice)
AECI announced the appointment of Mr Recht Louis Hiemstra as non-executive director of the company.



Mr Hiemstra's appointment to the AECI board is effective from 1 May 2014.
25-Apr-2014
(Official Notice)
With regard to the audited results for the year ended 31 December 2013 shareholders are advised that the integrated report, which includes the consolidated annual financial statements, has been posted on AECI?s website (www.aeci.co.za) today, 25 April 2014. Printed copies are also being mailed today. These printed copies contain a summarised version of the annual financial statements and should be read in conjunction with the consolidated annual financial statements. The consolidated annual financial statements contain no modifications to the reviewed condensed consolidated financial results which were published on SENS on 25 February 2014.



Notice of Annual General Meeting

Notice is hereby given that the 90th Annual General Meeting of AECI shareholders will be held at 09h00 on Monday, 2 June 2014, on the Ground Floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the Notice of Annual General Meeting forming part of the integrated report. Salient dates The Notice of Annual General Meeting has been sent to AECI shareholders who were recorded as such in the Company?s securities register on Friday, 11 April 2014, being the Notice record date set by the Board of the Company determining which shareholders are entitled to receive Notice of Annual General Meeting.



The record date on which shareholders of the Company must be registered as such in the Company's securities register in order to attend and vote at the Annual General Meeting is Friday, 23 May 2014 being the voting record date set by the Board of the Company determining which shareholders are entitled to attend and vote at the Annual General Meeting. The last day to trade in order to be entitled to vote at the Annual General Meeting will therefore be Friday, 16 May 2014. Proxy forms must be lodged by no later than 09h00 on Thursday, 29 May 2014. Any forms of proxy not lodged by this time must be handed to the Chairman of the Annual General Meeting immediately prior to the Annual General Meeting.
20-Mar-2014
(Official Notice)
Shareholders of AECI (Shareholders) are referred to the announcement released on SENS of the JSE Limited on Monday, 4 November 2013 which provided details of the disposal by the AECI Group of the bulk of its surplus property assets at Modderfontein and its property development business, to Shanghai Zendai (the Transaction). Shareholders are further referred to the announcement released on SENS on Tuesday, 28 January 2014 whereby Shareholders were advised of the conditions precedent having been fulfilled, other than the transfer of the properties subject to the Transaction which have an aggregate acquisition price of R513 million (including VAT) or such lesser amount as agreed by Shanghai Zendai, to the South African subsidiaries of Shanghai Zendai, namely Zendai Development (South Africa) Proprietary Limited and Zendai Investment Management (South Africa) Proprietary Limited (the Transfer).



AECI is pleased to announce that the Transfer has been completed and that no outstanding conditions precedent to the Transaction remain. Accordingly, the Transaction became effective on 20 March 2014 and AECI has received the Transaction price in full in cash in the amount of R1 060 974 457 (including VAT).

25-Feb-2014
(Official Notice)
AECI shareholders are advised that a presentation on the Company's reviewed condensed consolidated financial results for the year ended 31 December 2013 will be made at 12:00 on 25 February 2014 in Sandton. A copy of this presentation will be available on AECI's website www.aeci.co.za at or about 12:00 today. In addition, a link to a recording of the presentation will be available on the website.
25-Feb-2014
(C)
Revenue for the year ended 31 December 2013 increased by 15% to R15.9 billion (2012: R13.8 billion). Profit from operations increased to R1.4 billion (2012: R1.1 billion), while profit for the year attributable to ordinary shareholders rose to R946 million (2012: R581 million). Furthermore, headline earnings per share was higher by 57% to 791cps (2012: 503cps).



Dividend

Notice was given that the directors of AECI declared a gross final cash dividend of 210cps.



Prospects

AECI's explosives and mining chemicals businesses are poised for further growth in South Africa in open cast mining, particularly in iron ore and coal, while the narrow reef platinum and gold sectors are expected to remain under pressure owing to weaker commodity prices and escalating costs. Industrial action will have a negative effect on local markets. Strikes in the platinum mining industry in 2014 have already impacted on AECI's results in the early part of the year.



The benefits of growth outside South Africa from both green- and brownfield expansion projects in the copper, gold and iron ore mining sectors, as well as those of the BBRI investment, are expected from 2014. The expansion of the Group's African footprint will continue to be supported not only in mining solutions but also in other markets of strategic interest namely water, oil, energy and gas; food additives; agriculture and specialty chemicals distribution.



Further restructuring in the explosives business as well as the specialty chemicals cluster can be expected as the Group continues to review its portfolio and cost base to ensure the best possible alignment with customer requirements and the maximisation of growth opportunities in all countries where it operates. Acquisitions in South Africa, the rest of Africa and in selected other regions in AECI?s markets of interest will continue to be pursued in the coming year.
18-Feb-2014
(Official Notice)
In compliance with the JSE Listings Requirements and following the guidance provided to the market in the Stock Exchange News Service ("SENS") announcement dated 9 December 2013, shareholders are advised that for the financial year ended 31 December 2013 ("the year") AECI's earnings per share ("EPS") are expected to be between 55% and 65% higher than the 520 cents of the prior year. Headline earnings per share ("HEPS") are expected to be between 50% and 60% higher than the 503 cents of the prior year.



The company is currently finalising its results for the year and it is expected that these will be released on SENS on or about Tuesday, 25 February 2014.
11-Feb-2014
(Official Notice)
AECI and Clariant Southern Africa Pty Ltd (Clariant) have reached agreement for AECI's wholly-owned subsidiary ImproChem Pty Ltd (ImproChem) to acquire Clariant's water treatment business in Africa and its South African assets for a total cash consideration of R409 million (the acquisition). Also included in the acquisition is a 50% shareholding in Blendtech, Clariant?s B-BBEE partner in South Africa.



Clariant is part of Switzerland-based Clariant International Ltd.

The acquisition is in line with AECI?s strategy to extend its presence in Africa in the provision of water treatment solutions for a broad range of industrial and municipal customers, principally through ImproChem.ImproChem has established a footprint on the continent subsequent to the acquisition of GE's Chemical and Monitoring Solutions business in Africa and the Indian Ocean Islands in 2012, says Mark Dytor, Chief Executive of AECI. On completion of the Clariant acquisition, which will also be merged with ImproChem, this footprint will be enhanced since ImproChem's direct sales capability in many African countries will enable it to leverage Clariant's penetration of these markets. Blendtech operates mainly in the municipal markets in South Africa. The acquisition is subject to certain conditions precedent, including approval by the relevant competition authorities.

28-Jan-2014
(Official Notice)
Shareholders of AECI are referred to the announcement released on SENS on Monday, 4 November 2013 which provided details of the disposal by AECI of its surplus property assets at Modderfontein and its property development business, to Shanghai Zendai Property Ltd. ("Shanghai Zendai") ("the Transaction").



Shareholders are advised that the following conditions precedent to the Transaction have been fulfilled:

* the approval in writing of the Competition Commission in South Africa, in terms of the Competition Act No. 89 of 1998, as amended;

* the passing by the shareholders of Shanghai Zendai of all resolutions required to approve the Transaction;

* the passing of all the necessary Directors' and shareholders' resolutions of the AECI parties to the Transaction; and

* Heartland Leasing (Pty) Ltd., acting as an agent for AECI, and ImproChem (Pty) Ltd. ("ImproChem") have entered into a lease in respect of the ImproChem building in a form satisfactory to both Shanghai Zendai and AECI.



The AECI parties to the Transaction have now commenced the process to transfer properties subject to the Transaction which have an aggregate acquisition price of R513 million (including VAT) or such lesser amount as agreed by Shanghai Zendai ("First Tranche"), to the South African subsidiaries of Shanghai Zendai, namely Zendai Development (South Africa) (Pty) Ltd. and Zendai Investment Management (South Africa) (Pty) Ltd.. AECI anticipates this transfer should be completed by no later than 31 July 2014, subject to the relevant extension provisions of the Transaction. The Transaction will become effective on transfer of the First Tranche. Shareholders will be updated once this process has completed.
09-Dec-2013
(Official Notice)
Shareholders are advised that, for the financial year ending 31 December 2013 ("the period"), AECI's earnings per share ("EPS") and headline earnings per share ("HEPS") are expected to be more than 20% higher than the prior corresponding period.



Shareholders are also advised that a further trading statement will be released on the JSE's Stock Exchange News Service ("SENS"), providing earnings forecast ranges for EPS and HEPS, when the company is in a position to do so.



AECI's results for the period are expected to be released on SENS on or about Tuesday, 25 February 2014.
15-Nov-2013
(Official Notice)
Notice was given that on Friday, 15 November 2013 the Directors of AECI declared a gross dividend at the rate of 5.5% per annum for the six months ending Friday, 13 December 2013 payable on Friday, 13 December 2013 to holders of preference shares recorded in the books of the Company at the close of business on Friday, 6 December 2013.



The last day to trade cum dividend will be Friday, 29 November 2013 and shares will commence trading ex dividend as from Monday, 2 December 2013.



The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Friday, 13 December 2013. Dividends payable from South Africa will be paid in South African currency at the rate of 45,43124 cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 11 November 2013 (1 pound sterling = ZAR16.52045).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement resulting in a net dividend of 38.61655 cents per share to those shareholders who are not exempt. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 29 November 2013.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 29 November 2013.



The issued share capital at the declaration date is 128 241 140 listed ordinary shares, 10 117 951 unlisted redeemable convertible B ordinary shares and 3 000 000 listed cumulative preference shares. The dividend has been declared from the income reserves of the Company. No Secondary Tax on Companies' credits are available to be used.



Any change of address or dividend instruction must be received on or before Friday, 29 November 2013.



Share certificates may not be dematerialised or rematerialised from Monday, 2 December 2013 to Friday, 6 December 2013, both days inclusive.
06-Nov-2013
(Media Comment)
Business Day reported that AECI received a payment guarantee of the R1 billion purchase price from the Bank of China's South African branch. The Modderfontein bulk land acquired by the Hong-Kong listed property developer this week can be developed at a cost of R77 billion over the next decade as it is situated in the strategically key development corridor between SA's financial capital of Sandton and the continent's busiest airport. Shanghai Zendai agreed to buy the 1600ha piece of land from AECI for R1 billion.
04-Nov-2013
(Official Notice)
Shareholders were advised that following the release of these full details of the disposal transaction of surplus property assets, they no longer need to exercise caution when dealing in their AECI securities in this regard.
04-Nov-2013
(Official Notice)
08-Oct-2013
(Official Notice)
AAECI shareholders were advised that a general presentation on the company is being given on Tuesday, 8 October 2013 and on Wednesday, 9 October 2013 in New York, USA. This presentation is part of the Africa Investors' Conference hosted by the Standard Bank of South Africa Ltd.. It will be available on the company's website www.aeci.co.za.



The presentation contains no information other than that already made available to shareholders in other forums, most recently on 24 and 25 July 2013 subsequent to the publication of AECI's half-year financial results to 30 June 2013.
27-Sep-2013
(Official Notice)
Shareholders of AECI were referred to the cautionary announcements dated Monday, 8 July 2013 and Friday, 18 August 2013, respectively, and are advised that discussions remain ongoing in relation to the disposal of the greater portion of the company's surplus property assets at Modderfontein, in Gauteng. Shareholders are accordingly advised to continue to exercise caution when dealing in AECI shares until a further announcement in this regard is made.
16-Aug-2013
(Official Notice)
Shareholders of AECI (Shareholders) are referred to the cautionary announcement dated Monday, 8 July 2013 and are advised that discussions are ongoing in relation to the disposal of the greater portion of the Company's property assets at Modderfontein, in Gauteng. Shareholders are accordingly advised to continue to exercise caution when dealing in AECI shares until a further announcement in this regard is made.

25-Jul-2013
(Media Comment)
Business Report highlighted that AECI reported a strong rise in profit in the six months to June, despite the struggling mining industry being a major client of its core business. The explosives and chemicals maker said its success in the mining field was due to the increase in price of ammonia and increased sales on bulk explosives.
24-Jul-2013
(Official Notice)
AECI shareholders are advised that a presentation on the company's condensed consolidated unaudited interim financial results for the half-year ended 30 June 2013 is being given on 24 July 2013. A copy of the presentation will be available on AECI's website www.aeci.co.za.
24-Jul-2013
(Official Notice)
On 8 July 2013 the company issued a cautionary announcement stating that it has entered into discussions relating to the disposal of the greater portion of its property assets at Modderfontein which are surplus to operational requirements.



Discussions regarding this potential disposal are on-going and shareholders will be advised of the outcome at the appropriate time. They should continue to exercise caution when dealing in AECI shares until an announcement is made.
24-Jul-2013
(C)
Revenue was up 13% to R7.2 billion (R6.4 billion). Profit from operations rose by 28% to R612 million (R477 million). Net attributable profit almost tripled to R398 million (R134 million). In addition, headline earnings per share soared 236% to 356cps (106 cps).



Dividend

A gross interim ordinary dividend of 105cps has been declared.



Outlook

AECI's explosives and mining chemicals businesses remain poised for further growth outside South Africa notwithstanding the expected limited global economic recovery in the medium term. The positive trends in the local opencast coal and iron ore mining industries are expected to be sustained. However, conditions for the group's customers in the narrow reef mining sector will remain challenging owing to weaker commodity prices and escalating costs.



The enhancement of the group's African footprint will continue to receive attention not only in mining services but also in other markets of strategic interest, namely food additives; agriculture; personal and home care; and the water, oil, energy and gas industries.



Uncertainty regarding the extent and pace of recovery in the local manufacturing sector will continue to have an effect on AECI's South African-based businesses. Management will maintain its focus on improving cost efficiencies, especially in AEL, and optimising cash management by decreasing working capital to targeted levels. Acquisitions in Africa and South America continue to be pursued
18-Jul-2013
(Official Notice)
Shareholders were advised that, for the six months to 30 June 2013 (the period), AECI's earnings per share (EPS) were expected to be between 190% and 200% higher and headline earnings per share (HEPS) between 230% and 240% higher than the prior corresponding period. As indicated in the announcement of 31 May 2013 the improvement is due mainly to the following:

*the non-recurrence of the R138 million (123 cents per share) once-off, non- cash IFRS 2 charge associated with the AECI Community Education and Development Trust established as part of the company's Broad-based Black Economic Empowerment transactions effected in the prior corresponding period; and

*an improved year-to-date performance from AEL Mining Services Ltd., a principal subsidiary, as well the non-recurrence of costs incurred by this business during the first half of 2012 as a result of ammonia and ammonium nitrate supply constraints.



AECI's results for the period are expected to be released on SENS on or about Wednesday, 24 July 2013.
12-Jul-2013
(Media Comment)
Business Day reported that AECI would acquire SA Premix, a producer and distributor of animal feed premixes to feed mills and livestock farmers. The purchase is meant to grow AECI's offering.
08-Jul-2013
(Official Notice)
Shareholders of AECI were advised that AECI has entered into discussions relating to the disposal of the greater portion of its property assets at Modderfontein, in Gauteng ("the proposed disposal"). The property assets that are the subject of the proposed disposal are surplus to the AECI Group's operational requirements. Shareholders are accordingly advised to exercise caution when dealing in AECI shares until a further announcement in this regard is made.
31-May-2013
(Official Notice)
Shareholders are advised that, for the half-year ending 30 June 2013 (the period), AECI's earnings per share (EPS) and headline earnings per share (HEPS) are expected to be at least 150% higher than the prior corresponding period due mainly to the following:

*the non-recurrence of the R138 million (123 cents per share) once-off, non-cash IFRS 2 charge associated with the AECI Community Education and Development Trust established as part of the company's Broad-based Black Economic Empowerment transactions effected in the prior corresponding period; and

*an improved year-to-date performance from AEL Mining Services Ltd, a principal subsidiary, as well the non-recurrence of costs incurred by this business during the first half of 2012 as a result of ammonia and ammonium nitrate supply constraints.



A range as required by the JSE Listings Requirements cannot be determined with reasonable certainty at this stage. Shareholders are advised that a further trading statement will be released on SENS, providing earnings forecast ranges for EPS and HEPS, when the company is in a position to do so. AECI's results for the period are expected to be released on SENS on or about Wednesday, 24 July 2013.



The forecast financial information on which this trading statement is based has not been reviewed and reported on by the company's external auditors.
27-May-2013
(Official Notice)
At the eighty-ninth (89th) annual general meeting of the shareholders of AECI held today, 27 May 2013, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be lodged for registration with the Companies and Intellectual Property Commission in due course.



17-May-2013
(Official Notice)
On Friday, 17 May 2013, the directors of AECI declared a gross dividend at the rate of 5,5% per annum for the six months ending Friday, 14 June 2013, payable on Friday, 14 June 2013, to holders of preference shares recorded in the books of the company at the close of business on Friday, 7 June 2013.



The last day to trade cum dividend will be Friday, 31 May 2013 and shares will commence trading ex dividend as from Monday, 3 June 2013. The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Friday, 14 June 2013. Dividends payable from South Africa will be paid in South African currency at the rate of 38,44019 cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 13 May 2013 (1 pound sterling = R13.97825).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement resulting in a net dividend of 32,67416 cents per share to those shareholders who are not exempt. Application forms for exemption or reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 31 May 2013. Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 31 May 2013. The dividend has been declared from the income reserves of the company. No Secondary Tax on Companies' credits are available to be used.
14-May-2013
(Official Notice)
Further to the Notice of Annual General Meeting sent to shareholders on 28 March 2013 ("the Notice"), forming part of the Integrated Report of AECI for the financial year ended 31 December 2012, and the proxy form attached to the Notice ("the Proxy Form"), shareholders' attention is drawn to the Notice proposed under Ordinary Resolutions 5.1 to 5.4 for four resolutions to be voted on by shareholders as regards the appointment of the members of the audit committee of the company ("the Audit Committee").



The Proxy Form, however, does not provide for sufficient space for shareholders to vote individually on each nominee for positions on the Audit Committee.



Shareholders were advised that as the Companies Act, No.71 of 2008, requires each nominee to be voted on individually, shareholders must alter the Proxy Form manually to indicate their votes for or against or abstention as regards each of the persons nominated.



Alternatively, shareholders may download an amended Proxy Form from AECI's website via the link www.aeci.co.za
28-Mar-2013
(Official Notice)
With regard to the audited results for the year ended 31 December 2012 shareholders are advised that the integrated report, which includes the annual financial statements, has been posted on AECI's website (www.aeci.co.za) on 28 March 2013. Printed copies have also been mailed today. The annual financial statements contain no modifications to the reviewed condensed consolidated financial results which were published on SENS on 26 February 2013.



Notice of Annual General Meeting

Notice is given that the 89th Annual General Meeting of AECI shareholders will be held at 09h00 on Monday, 27 May 2013, on the Ground Floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the Notice of Annual General Meeting forming part of the integrated report.



Salient dates

The Notice of Annual General Meeting has been sent to AECI shareholders who were recorded as such in the Company's securities register on Friday, 22 March 2013, being the Notice record date set by the Board of the Company determining which shareholders are entitled to receive Notice of Annual General Meeting. (The Notice record date is not Friday, 19 April 2013, as is incorrectly reflected in the Notice of Annual General Meeting). The record date on which shareholders of the Company must be registered as such in the Company?s securities register in order to attend and vote at the Annual General Meeting is Friday, 17 May 2013 being the voting record date set by the Board of the Company determining which shareholders are entitled to attend and vote at the Annual General Meeting. The last day to trade in order to be entitled to vote at the Annual General Meeting will therefore be Friday, 10 May 2013. Proxy forms must be lodged by no later than 09h00 on Thursday, 23 May 2013. Any forms of proxy not lodged by this time must be handed to the Chairman of the Annual General Meeting immediately prior to the Annual General Meeting.
26-Feb-2013
(Official Notice)
AECI shareholders are advised that a presentation on the company's reviewed condensed consolidated financial results for the year ended 31 December 2012 is being given today, 26 February 2013. The presentation will be available on AECI website www.aeci.co.za at or about 12:00 today.
26-Feb-2013
(C)
Revenue for the year ended 31 December 2012 increased by 11% to R14.9 billion (2011: R13.4 billion). Profit from operations remained stable at R1.3 billion (2011: R1.3 billion), while profit for the year attributable to ordinary shareholders lowered to R630 million (2011: R777 million). Furthermore, headline earnings per share dropped by 24% to 547cps (2011: 720cps).



Dividend

Notice was given that the directors of AECI declared a gross final cash dividend of 185cps.



Strategic focus and outlook

Managements focus in 2013 will be on improving internal efficiencies, including working capital, and on optimising its operating platforms. At the same time, AECI will continue to pursue its growth strategy in the rest of Africa and further afield. A number of factors external to the Company could affect its performance in the coming year. The platinum sector is likely to undergo restructuring. This could result in a contraction in South Africas platinum mining industry which would impact AEL and Senmin. The industrial relations climate in South Africa could also be a determinant for AECI's local customers and operations. Mining volumes in other countries, where Group businesses have an established presence, are expected to increase in line with growth in emerging markets. Manufacturing growth in South Africa is expected to continue, albeit at a slow pace, owing to the prevailing global and local economic environments.
25-Feb-2013
(Official Notice)
Shareholders are advised that the special resolution approving the adoption of the Company's Memorandum of Incorporation was passed by the requisite majority of votes at the general meeting held on 25 February 2012.
12-Feb-2013
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 12 October 2012 advising them that, for the year ended 31 December 2012 ("the year"), AECI expected its earnings per share ("EPS") and headline earnings per share ("HEPS") to be more than 20% lower than the prior year owing to:

* strike action in the mining and transport industries. This resulted in significant disruptions across many sectors, with a particularly detrimental effect on mining and manufacturing production which was already under pressure due to prevailing global trading conditions;

* AECI's B-BBEE transactions which were effected during the year. EPS and HEPS would be impacted by the recognition of non-cash costs of R168 million in terms of International Financial Reporting Standards ("IFRS"). R30 million of this charge related to the AECI Employees Share Trust component of the transaction and R138 million was a once-off amount pertaining to the AECI Community Education and Development Trust. The combined effect of these charges and the additional 4.7 million AECI ordinary shares issued in terms of the B-BBEE transactions was estimated to reduce HEPS by 151cps for the year.



In the same announcement, the Company undertook to issue a further trading statement once there was greater clarity on the specific range of the decline in EPS and HEPS. Accordingly, shareholders are advised that including the IFRS charges the decline in EPS and HEPS from the previous corresponding period is expected to be between 21% and 28%.



AECI's financial results for the year ended 31 December 2012 are expected to be released on SENS on or about Tuesday, 26 February 2013.
28-Jan-2013
(Official Notice)
Notice is given that a general meeting of AECI ordinary shareholders will be held at 08h30 on Monday, 25 February 2013 on the ground floor at AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton, 2146, for the purposes of approving the Company's new Memorandum of Incorporation ("MOI"). A circular, setting out, inter alia, the rationale for the adoption of the new MOI and including a notice of general meeting, will be posted to shareholders today, Monday, 28 January 2013.



The salient dates for the approval of the MOI, also contained in the circular (which circular is available on the Company's website, www.aeci.co.za and at its offices set out above), are as follows:

* Record date to determine which Shareholders are entitled to receive the Circular containing the Notice of General Meeting on Friday, 18 January

* Circular posted on Monday, 28 January

* Last date to trade in order to be eligible to attend and vote at the General Meeting on Friday, 8 February

* Record date to determine which shareholders are entitled to attend and vote at the General Meeting on Friday, 15 February

* Last day to lodge forms of proxy with the Transfer Secretaries by 08h30 on Thursday, 21 February

* General Meeting of AECI shareholders to be held a on the ground floor at AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton, 2146 on Monday, 25 February

* Results of General Meeting announced on SENS on Monday, 25 February.
28-Nov-2012
(Official Notice)
Shareholders were advised in AECI's SENS announcement of 25 July 2012 that Graham Edwards intends retiring from his position as Chief Executive of the Company. The date of his retirement has now been confirmed as 28 February 2013.



AECI announced that Mark Dytor (51) will succeed Graham as Chief Executive, with effect from 1 March 2013. Mark will join the Board as an Executive Director on 2 January 2013 and Graham will remain at AECI until end-March 2013 to assist with the handover of his responsibilities.
16-Nov-2012
(Official Notice)
On Friday, 16 November 2012 AECI declared a gross dividend at the rate of 5.5 per cent per annum for the six months ending Friday, 14 December 2012 payable on Friday, 14 December 2012 to holders of preference shares recorded in the books of the company at the close of business on Friday, 7 December 2012.



The last day to trade cum dividend will be Friday, 30 November 2012 and shares will commence trading ex dividend as from Monday, 3 December 2012. The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Friday, 14 December 2012. Dividends payable from South Africa will be paid in South African currency at the rate of 37.97764 cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 12 November 2012 (GBP1.00/ ZAR13.81005).
07-Nov-2012
(Official Notice)
12-Oct-2012
(Official Notice)
In compliance with the JSE Listings Requirements, shareholders are advised that, for the year ending 31 December 2012 (the period), AECI's headline earnings per share (HEPS) and earnings per share (EPS) are expected to be more than 20% lower than the prior corresponding period owing to of the following:

*The current strike action in the mining and transport industries is resulting in significant disruptions across many sectors, and is having a particularly detrimental effect on mining and manufacturing production which was already under pressure due to prevailing global trading conditions.

*AECI's Broad-based Black Economic Empowerment (B-BBEE) transactions were effected during the period, as reported in AECI?s results for the six months ended 30 June 2012 published on SENS on 25 July 2012. HEPS and EPS will be impacted by the recognition of costs of about R163 million in terms of International Financial Reporting Standards. The combined effect of these charges and the additional 4.7 million AECI ordinary shares issued in terms of the B-BBEE transactions is estimated to be a reduction in HEPS of 146cps for the period.



Given that it is relatively early in the reporting period, a range as required by the JSE Listings Requirements cannot be accurately estimated at this stage. Shareholders are advised that a further trading statement will be released on SENS in due course to provide earnings forecast ranges for EPS and HEPS. AECI's results for the period are expected to be released on SENS in February 2013.



The forecast financial information on which this trading statement is based has not been reviewed and reported on by the company's external auditors.
25-Jul-2012
(Official Notice)
AECI shareholders are advised that a presentation on the company's condensed consolidated unaudited interim financial results for the half-year ended 30 June 2012 is being given on 25 July 2012. The same presentation will be available on AECI's website www.aeci.co.za at or about 12:15.
25-Jul-2012
(C)
Revenue for the interim period ended 30 June 2012 jumped by 17% to R7 billion (2011: R6 billion). Profit from operations lowered by 3% to R531 million (2011: R546 million), while profit for the period attributable to ordinary shareholders weakened to R136 million (2011: R295 million). Furthermore, headline earnings per share dropped by 59% to 108cps (2011: 265cps).



Dividend

The directors of AECI declared a gross interim cash dividend of 78cps, in respect of the six month period ended 30 June 2012.



Outlook and strategic focus

Volumes in mining are expected to be stable, supported by AECI's extensive geographic footprint. AECI's mining revenue is affected by volumes mined, not directly by mineral prices. Accordingly, the outlook for explosives and mining chemicals remains promising. In manufacturing, indications are that growth will continue to be pedestrian owing to the prevailing economic environment. Management's focus for the rest of the year will be on improving internal efficiencies, including working capital, and on optimising operating platforms. Some further ISAP-related savings will be realised in 2012 but AEL's intervention initiative is only expected to yield results during 2013. AECI will continue to pursue its growth strategy in the rest of Africa and further afield.
20-Jul-2012
(Official Notice)
Shareholders are advised that, for the six months to 30 June 2012 ("the period"), AECI's headline earnings per share ("HEPS") are expected to be between 57% and 62% lower than those achieved for the first half of 2011 ("corresponding period"). Earnings per share ("EPS") are expected to be between 54% and 59% lower than that of the corresponding period.



AECI's B-BBEE transactions effected during the period resulted in HEPS and EPS being reduced by the recognition of IFRS 2 share- based payment expenses of R148 million. The calculation of HEPS excluding the effects of these B-BBEE transactions is expected to be between 7% and 12% lower than that of the corresponding period, mainly due to the following:

* Mining and manufacturing production have remained volatile in a demanding global operating environment, with mining in South Africa experiencing a number of disruptions.

* AEL Mining Services has experienced some raw material and production difficulties at its nitric acid plants in Modderfontein and has also not met the production targets set for its ISAP plant. Although the business has responded appropriately, it expects that operating profit will be about 9% lower than that achieved in the corresponding period.
28-Jun-2012
(Official Notice)
01-Jun-2012
(Official Notice)
In compliance with the JSE Listings Requirements, shareholders are advised that, for the six months to 30 June 2012, AECI's headline earnings per share ("HEPS") and earnings per share ("EPS") are expected to be more than 20% lower than those for the prior corresponding period as a result of the following:

*AECI's broad-based black economic empowerment transactions were effected during the period, as reported in AECI's results for the 2011 financial year published on SENS on 21 February 2012, and in its Integrated Report for 2011, issued on 19 April 2012. HEPS and EPS will be reduced by the recognition of costs in terms of International Financial Reporting Standards ("IFRS"). An IFRS 2 cost of about R148 million will be recognised in respect of the AECI Community Education and Development Trust and the accrual of a portion of the IFRS 2 cost in respect of the AECI Employees Share Trust. The combined effect of these two charges alone will be a reduction in HEPS of 138cps. Furthermore 4.7 million AECI ordinary shares were issued in terms of the KTH transaction, with this additional weighted average number of shares diluting HEPS and EPS.

*Mining and manufacturing production have remained volatile in a demanding global operating environment, with mining in South Africa experiencing a number of disruptions.

*AEL Mining Services has experienced some raw material and production difficulties at its nitric acid plants in Modderfontein and has also not met the production targets set for its ISAP plant. Although the business has responded appropriately, it expects that operating profit will be lower than that achieved in the prior corresponding period.



AECI's results for the half-year to 30 June 2012 are expected to be released on SENS on or about Wednesday, 25 July 2012.
28-May-2012
(Official Notice)
At the eighty-eighth (88th) annual general meeting of the shareholders of AECI held on 28 May 2012, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be lodged for registration with the Companies and Intellectual Property Commission in due course.
18-May-2012
(Official Notice)
Notice was given that on Friday, 18 May 2012 the directors of AECI declared a gross dividend at the rate of 5.5 per cent per annum for the six months ending Friday, 15 June 2012 payable on Friday, 15 June 2012 to holders of preference shares recorded in the books of the company at the close of business on Friday, 8 June 2012.



The last day to trade cum dividend will be Friday, 1 June 2012 and shares will commence trading ex dividend as from Monday, 4 June 2012. The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa and the United Kingdom on Friday, 15 June 2012.



Dividends payable from South Africa will be paid in South African currency at the rate of 36.09203 cents per share (gross dividend) in accordance with the exchange rate ruling on Monday, 14 May 2012 (1 pound sterling = R13.1244).



A South African dividend withholding tax of 15% will be applicable to all shareholders who are not either exempt or entitled to a reduction of the withholding tax rate in terms of a relevant Double Taxation Agreement resulting in a net dividend of 30.67823 cents per share to those shareholders who are not exempt. Application forms for exemption or a reduction may be obtained from the Transfer Secretaries and must be returned to them on or before Friday, 1 June 2012.
19-Apr-2012
(Official Notice)
With regard to the audited results for the year ended 31 December 2011 shareholders are advised that the integrated report, which includes the annual financial statements, was posted on AECI's website (www.aeci.co.za) on 19 April 2012, and printed copies will be mailed to shareholders on Monday, 23 April 2012.



Annual general meeting

Notice was given that the 88th annual general meeting of AECI shareholders will be held at 09h00 on Monday, 28 May 2012, on the Ground Floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton.
22-Feb-2012
(Media Comment)
According to Business Day AECI has short-listed two companies in Brazil for a potential acquisition this year, and was looking to spend up to R500 million in a bid to boost its footprint in the country's chemical sector. AECI was also looking to tender for more opportunities in Indonesia, China, and Africa for its explosives unit. The company said it was interested in West African countries like Ghana. AECI is also conducting valuations of its Heartland business, which includes land in Modderfontein and Somerset West.
21-Feb-2012
(Official Notice)
AECI shareholders are advised that a presentation on the company's reviewed condensed consolidated financial results for the year ended 31 December 2011 is being given today, 21 February 2012. The presentation will be available on AECI's website www.aeci.co.za at or about 12:15 today.
21-Feb-2012
(C)
Revenue for the year ended 31 December 2011 increased by 16% to R13.4 billion (2010: R11.6 billion). Profit from operations surged by 24% to R1.3 billion (2010: R1.1 billion), while profit for the year attributable to ordinary shareholders rose to R777 million (2010: R600 million). Furthermore, headline earnings per share jumped by 25% to 720cps (2010: 577cps).



Cash dividend declaration

Notice was given that on Monday, 20 February 2012 the directors of AECI declared a final cash dividend of 179cps in respect of the financial year ended 31 December 2011.



Outlook and strategic focus

The restructuring of the group over the past two years has repositioned its cost base. While manufacturing and mining production appear to be recovering, recent volatility suggests that the recovery remains fragile. However, AECI is confident in its ability to respond appropriately. Management's focus for 2012 will be on:

* completing the ISAP ramp-up and continuing AEL's expansion in markets beyond South Africa, particularly the rest of Africa, Asia Pacific and South America;

* actively pursuing opportunities for the expansion of the specialty chemicals cluster into other geographies; and

* continuing to pursue the realisation of value from the property portfolio, with current or new business models.
10-Feb-2012
(Official Notice)
In compliance with the JSE Listings Requirements, shareholders are advised that, for the financial year ended 31 December 2011, AECI's actual earnings per share are expected to be between 27% and 32% higher than those achieved for the full financial year ended 31 December 2010 ("corresponding reporting period"). Headline earnings per share are expected to increase by between 22% and 27% from those of the prior corresponding reporting period.



The improvement is due to more favourable trading conditions in both the mining and manufacturing sectors, as well as the effects of the weaker rand against the US dollar in the last quarter of 2011. AECI's full-year results for 2011 are expected to be released on SENS on or about Tuesday, 21 February 2012. The forecast financial information on which this trading statement is based has not been reviewed and reported on by the company's external auditors.
25-Jan-2012
(Official Notice)
AECI shareholders are referred to the announcement released on SENS on Monday, 19 December 2011 and published in the press on Tuesday, 20 December 2011 relating to an update on the proposed Broad-based Black Economic Empowerment ("B-BBEE") transaction ("the proposed B-BBEE transaction"), of which full terms were released on SENS on Thursday, 13 October 2011 and published in the press on Friday, 14 October 2011. Shareholders are further referred to the circular to shareholders containing the full terms of the proposed B-BBEE transaction, posted to Shareholders on Wednesday, 26 October 2011 as well as the supplementary circular posted to Shareholders on Wednesday, 21 December 2011.



Results of general meeting

Shareholders are advised that at the general meeting of shareholders held 25 January 2012, the ordinary and special resolutions in relation to the proposed B-BBEE transaction were approved by the requisite majority of shareholders.
24-Nov-2011
(Official Notice)
AECI shareholders ("shareholders") are referred to the detailed terms announcement released on SENS on Thursday, 13 October 2011 and published in the press on Friday, 14 October 2011 relating to the proposed Broad-based Black Economic Empowerment ("B-BBEE") Transaction ("the proposed B-BBEE Transaction"). Shareholders are further referred to the circular to shareholders containing the full terms of the proposed B-BBEE Transaction ("the circular"), posted to Shareholders on Wednesday, 26 October 2011.



Results of general meeting

Shareholders are advised that following feedback from key shareholders on the terms of the proposed B-BBEE Transaction, the company is considering amending the lock-in period of the AECI Employees Share Trust from seven years to ten years. Accordingly, shareholders are advised that at the general meeting held today ("the general meeting"), all the Special Resolutions as set out in the notice of the general meeting were withdrawn. The following ordinary resolutions were approved by the requisite majority of ordinary shareholders:

* Ordinary resolution number one relating to the placement of 4 678 667 AECI ordinary shares under the control of the directors and authorising the directors to issue those shares only for the purpose of the proposed transaction between AECI and a consortium led by Kagiso Tiso Holdings (Pty) Ltd (RF); and

* Ordinary resolution number two authorising any director of AECI to take all such action as may be necessary or incidental to give effect to the resolutions proposed and passed.



Cautionary announcement

Shareholders are advised that a further announcement relating to the outcome of the company's further consideration regarding the terms of the proposed B-BBEE Transaction will be made in due course. Accordingly, shareholders are advised to exercise caution when dealing in their AECI securities, until a further announcement in this regard is made. It is anticipated that a general meeting to approve the revised terms of the proposed B-BBEE Transaction, will take place in the first quarter of 2012.
24-Nov-2011
(Official Notice)
Shareholders of AECI ("shareholders") are referred to the cautionary announcement dated Tuesday, 26 July 2011 and the further cautionary announcements dated Tuesday, 6 September 2011 and Thursday, 13 October 2011, respectively (collectively, "the cautionary announcements") relating to the proposed acquisition by AECI of the effective 25.1% equity interest in AECI's explosives business, AEL Mining Services Ltd, held by an empowerment consortium led by Kagiso Tiso Holdings (Pty) Ltd and the Tiso AEL Development Trust, in exchange for the issue of 4 678 667 new AECI ordinary shares ("the proposed KTH Transaction"). The proposed KTH Transaction, a small related party transaction in terms of the Listings Requirements of the JSE Ltd ("JSE"), remains subject to the fulfilment of a number of conditions precedent, including, but not limited to:

* the execution of the definitive transaction agreements;

* obtaining all necessary lender waivers and consents;

* receiving a positive fairness opinion from Ernst - Young Advisory Services Ltd, the Independent Professional Expert;

* the approval of the fairness opinion by the JSE; and

* to the extent necessary, all other regulatory consents and approvals.



It is expected that the proposed KTH Transaction will be implemented by no later than Friday, 30 December 2011, once all conditions precedent have been fulfilled. Accordingly, shareholders were advised to continue exercising caution when dealing in AECI shares until a further announcement in this regard is made.
18-Nov-2011
(Official Notice)
On Friday, 18 November 2011 the directors of AECI declared a dividend at the rate of 5.5 per cent per annum for the six months ending Thursday, 15 December 2011 payable on Thursday, 15 December 2011 to holders of preference shares recorded in the books of the company at the close of business on Friday, 9 December 2011.



Salient dates

* The last day to trade cum dividend will be Friday, 2 December 2011

* Shares will commence trading ex dividend as from Monday, 5 December 2011.

* The dividend is declared in pound sterling and payment will be made from the offices of the Transfer Secretaries in South Africa on Thursday, 15 December 2011.



Dividends payable from South Africa will be paid in South African currency at the rate of 34.80153 cents per share in accordance with the exchange rate ruling on Monday, 14 November 2011 (GBP1 = R12.6551).
15-Nov-2011
(Official Notice)
AECI shareholders were advised that updates on AEL Mining Services and the company's specialty chemicals cluster, with a particular focus on mining chemicals and Senmin, are being presented on Tuesday, 15 November 2011 to institutional shareholders from 09:00 (SA time). The presentations will be available on AECI's web site http://www.aeci.co.za at or about 09:00 on Tuesday, 15 November 2011.
13-Oct-2011
(Official Notice)
Shareholders of AECI were referred to the cautionary announcement released on SENS on Tuesday, 26 July 2011 and published in the press on Wednesday, 27 July 2011 and the subsequent cautionary announcement released on SENS on Tuesday, 6 September 2011 and published in the press on Wednesday, 7 September 2011 (collectively, "the cautionary announcements").



The cautionary announcements relate to the proposed acquisition by AECI of the effective 25.1% equity interest in AECI's explosives business, AEL Mining Services Ltd, held by an empowerment consortium led by Kagiso Tiso Holdings (Pty) Ltd and the Tiso AEL Development Trust, in exchange for the issue of 4 678 667 new AECI ordinary shares ("the proposed KTH Transaction"). In terms of the Listings Requirements of the JSE Ltd ("JSE"), the proposed KTH Transaction is deemed a small related party transaction. AECI has appointed Ernst - Young Advisory Services Ltd ("E-Y") as Independent Professional Expert to provide the board of directors of AECI ("the board") with an opinion on the fairness of the proposed KTH Transaction ("fairness opinion"). The board expects to receive the fairness opinion by the end of October 2011. The proposed KTH Transaction remains subject to the fulfilment of a number of conditions precedent, including, but not limited to:

*the execution of the definitive transaction agreements;

*obtaining all necessary lender waivers and consents;

*receiving a positive fairness opinion from E-Y;

*the approval of the fairness opinion by the JSE; and

*to the extent necessary, all other regulatory consents and approvals.

It is expected that the proposed KTH Transaction will be implemented by no later than Wednesday, 30 November 2011, once all conditions precedent have been fulfilled. Accordingly, Shareholders are advised to continue exercising caution when dealing in AECI shares until a further announcement in this regard is made.
13-Oct-2011
(Official Notice)
Shareholders were advised that as a result of the full terms of the proposed B-BBEE transaction having now been released, shareholders no longer need to exercise caution when dealing in their AECI shares in relation to the proposed B-BBEE transaction.
13-Oct-2011
(Official Notice)
06-Sep-2011
(Official Notice)
Shareholders of AECI ("Shareholders") are referred to the following announcements released on the Securities Exchange News Service of the JSE Limited on 26 July 2011:

*the cautionary announcement relating to the proposed acquisition by AECI of the 25,1% equity interest in AECI's explosives business, AEL Mining Services, held by an empowerment consortium led by Kagiso Tiso Holdings (Pty) Ltd, in exchange for ordinary shares in AECI ("the KTH Transaction"); and

*the detailed cautionary announcement relating to the proposed new Broad- Based Black Economic Empowerment transaction to be undertaken by AECI involving employees and a community trust ("the New B-BBEE Transaction").



The KTH Transaction

Shareholders are advised that a further announcement will be made upon the fulfilment of the conditions precedent relating to the KTH Transaction, which is expected to take effect by the end of November 2011. Accordingly, Shareholders are advised to exercise caution when dealing in AECI shares until a further announcement is made.



The New B-BBEE Transaction

Shareholders are advised that AECI is in the process of finalising the full terms of the New B-BBEE Transaction, including its salient dates and pro forma financial effects. A further announcement setting out these full terms will be made in due course. Accordingly, Shareholders are advised to exercise caution when dealing in AECI shares until a further announcement is made.

27-Jul-2011
(Media Comment)
Business Day highlighted that chemicals, explosives and property company AECI announced a R1.2 billion black economic empowerment (BEE) deal that will see its employees and a community trust acquire 11.5% equity in the business. It also announced that BEE company Kagiso Tiso Holdings had swapped a 25.1% interest in AECI's wholly owned subsidiary, African Explosives, for a 4.18% stake in AECI. The two transactions raise AECI's broad-based BEE equity ownership to 27.4%. CE Graham Edwards said the deals enhanced the company's BEE credentials.
26-Jul-2011
(Official Notice)
AECI shareholders are advised that a presentation on the company's condensed consolidated unaudited interim financial results for the half- year ended 30 June 2011, as well as on the company's proposed Broad-based Black Economic Empowerment Transaction, is being given today, 26 July 2011. The same presentation will be available on AECI`s website www.aeci.co.za at or about 13:30 today,26 July 2011.
26-Jul-2011
(C)
Revenue for the interim period ended 30 June 2011 improved by 10% to R6 billion (R5.4 billion) and profit from operations jumped by 13% to R546 million (R484 million). Net profit attributable to ordinary shareholders of the company increased to R295 million (R269 million). Also, headline earnings was up by 11% to 265cps (238cps).



Dividend

The board has declared an ordinary interim cash dividend of 78cps.



Outlook

Historically, the AECI Group trades better in the second half-year owing to seasonal effects in agricultural and the consumer sectors. However, the potential impact on group companies and their customers resulting from the current industrial action is of concern. AECI management's focus for the rest of 2011 will remain on:

*the successful incorporation of acquisitions into existing businesses in the specialty chemicals cluster;

*the continued ramp-up of ISAP and of Senmin's new plants;

*the careful management and reduction of working capital levels; and

*cost-focused leadership.



26-Jul-2011
(Official Notice)
Notice is hereby given that on Monday, 25 July 2011 the directors of AECI declared an interim cash dividend of 78 cents per share, in respect of the six month period ended 30 June 2011, payable on Monday, 12 September 2011 to ordinary shareholders recorded in the books of the company at the close of business on Friday, 9 September 2011. The last day to trade cum dividend will be Friday, 2 September 2011 and shares will commence trading ex dividend as from Monday, 5 September 2011. Any change of address or dividend instruction must be received on or before Friday, 2 September 2011. Share certificates may not be dematerialised or rematerialised from Monday,5 September 2011 to Friday, 9 September 2011, both days inclusive. This announcement will be mailed to all recorded shareholders on or about Tuesday, 26 July 2011.
26-Jul-2011
(Official Notice)
26-Jul-2011
(Official Notice)
31-May-2011
(Official Notice)
The board of directors advises that, at the Annual General Meeting of shareholders ("the Meeting") held at the registered office of the company, all the ordinary and special resolutions as set out in the Notice of Annual General Meeting mailed to shareholders on 9 May 2011 were duly passed by the requisite majority of votes, save for Ordinary Resolution No. 7 which was withdrawn by the Chairman at the commencement of the Meeting.



The special resolutions will be sent to the Companies and Intellectual Property Commission for registration. At the Meeting, Mr Fani Titi, Non-Executive Chairman of the Company, advised shareholders that he will retire from this position at the Annual General Meeting to be held in May 2012. He will retire as a Non-Executive Director of AECI at the same time. The process for appointing a successor as Non-Executive Chairman has commenced and further announcements in this regard will be made in due course.

20-May-2011
(Official Notice)
Notice is hereby given that on Friday, 20 May 2011 the Directors of AECI Ltd declared a dividend at the rate of 5.5 per cent per annum for the six months ending Wednesday, 15 June 2011 payable on Wednesday, 15 June 2011 to holders of preference shares recorded in the books of the company at the close of business on Friday, 10 June 2011.



The last day to trade cum dividend will be Friday, 3 June 2011 and shares will commence trading ex dividend as from Monday, 6 June 2011. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Wednesday, 15 June 2011.



Dividends payable from South Africa will be paid in South African currency at the rate of 31.20728 cents per share in accordance with the exchange rate ruling on Monday, 16 May 2011 (1 pound sterling = R11.3481). Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 3 June 2011.



Any change of address or dividend instruction must be received on or before Friday, 3 June 2011. Share certificates may not be dematerialised or rematerialised from Monday, 6 June 2011 to Friday, 10 June 2011, both days inclusive.
09-May-2011
(Official Notice)
Shareholders are referred to the notice of AGM announcement published on SENS on 5 May 2011 ("the announcement"). The announcement set out details of AECI's AGM, scheduled for Monday, 30 May 2011 at 09h00, at which the business as stated in the notice of AGM forming part of the annual financial statements ("the notice") would be conducted. Shareholders were advised that the date of the AGM has subsequently been amended to Tuesday, 31 May 2011 at 09h00.
05-May-2011
(Official Notice)
With regard to the audited results for the year ended 31 December 2010, shareholders were advised that the annual financial statements have been posted on AECI's website (www.aeci.co.za) on 5 May 2010, and printed copies will be mailed to shareholders on the same day. The annual financial statements contain no modifications to the reviewed condensed consolidated financial results which were published on SENS on 21 February 2011.



Notice of annual general meeting

Notice was given that the 87th annual general meeting of AECI shareholders will be held at 09:00 on Monday, 30 May 2011, on the Ground Floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the notice of annual general meeting forming part of the annual financial statements.
21-Apr-2011
(Official Notice)
AECI announced the appointment of Ms Nomini Rapoo as company secretary.
23-Mar-2011
(Official Notice)
AECI announce the appointment of Ms Liziwe Mda (45) as a non- executive director of the company. Her appointment is effective from 1 April 2011.

22-Feb-2011
(Official Notice)
AECI shareholders are advised that a presentation on the company's reviewed condensed consolidated financial results for the year ended 31 December 2010 is being given today, 22 February 2011. The presentation will be available on AECI's website www.aeci.co.za at or about 12:00 today.
22-Feb-2011
(C)
Revenue for the year ended 31 December 2010 increased by 8% to R11.6 billion (2009: R10.7 billion). Profit from operations soared by 38% to R1.1 billion (2009: R767 million), while profit for the year attributable to ordinary shareholders rose to R600 million (2009: R421 million). Furthermore, headline earnings per share continued the strong growth trend by improving to 577cps (2009: 346cps).



Dividend

The board declared a final cash dividend of 135cps (2009: 62cps).



Outlook

The recovery in the mining sector and steady increases in global chemical prices are good indicators of improving demand, albeit in a more competitive environment. This bodes well for the group in terms of volumes. The focus for 2011 will be to:

* complete ramp-up of the PAM and ISAP projects so as to optimise their beneficial use, thereby enhancing the group's financial performance;

* maintain a sharp focus on costs and working capital management, and on enhanced product and service delivery to customers; and

* successfully integrate the acquisitions into the specialty chemicals portfolio.
07-Feb-2011
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 14 October 2010 advising them that AECI expected that its earnings per share ("EPS") and headline earnings per share ("HEPS"), for the financial year then ending 31 December 2010, would be at least 40% higher than those achieved for the financial year ended 31 December 2009. In the same announcement, the company undertook to issue a further trading statement once there was greater clarity on the specific range of the improvement in EPS and HEPS. Accordingly, shareholders are advised that the range of improvement for EPS is expected to be between 30% and 50%. EPS for the year ended 31 December 2009 were impacted by a surplus on the disposal of the assets and property of SANS Fibres (Pty) Ltd whilst, in 2010, EPS were affected by goodwill impairment and corporate restructuring adjustments. HEPS for the year ended 31 December 2010 are expected to be between 50% and 70% greater than last year. Despite experiencing a strong year of trading in 2010, the company's results were adversely impacted by the strong rand/US dollar exchange rate and an abnormally high escalation in the post-retirement medical aid liability. AECI's financial results, for the year ended 31 December 2010, will be released on SENS on Tuesday, 22 February 2011.
19 Nov 2010 12:12:38
(Official Notice)
Notice is hereby given that on Friday, 19 November 2010, the directors of AECI declared a dividend at the rate of 5,5 per cent per annum for the six months ending Wednesday, 15 December 2010, payable on Wednesday, 15 December 2010, to holders of preference shares recorded in the books of the Company at the close of business on Friday, 10 December 2010.



Salient dates

*The last day to trade cum dividend will be -- Friday, 3 December 2010

*Shares will commence trading ex dividend as from -- Monday, 6 December 2010.

*Dividends payable from South Africa will be paid in South African currency at the rate of 30.83314 cents per share in accordance with the exchange rate ruling on -- Monday, 15 November 2010 (1 pound sterling = R11,21205).

The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on -- Wednesday, 15 December 2010.



Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 3 December 2010. Any change of address or dividend instruction must be received on or before Friday, 3 December 2010. Share certificates may not be dematerialised or rematerialised from Monday, 6 December 2010 to Friday, 10 December 2010, both days inclusive.
28 Oct 2010 12:31:47
(Official Notice)
AECI shareholders are advised that updates on AEL mining services' strategy and key strategic projects are being presented today, 28 October 2010, in Johannesburg. The presentations will be available on AECI's web site http://www.aeci.co.za.
14 Oct 2010 10:33:50
(Official Notice)
Shareholders are advised that AECI expects that its actual earnings per share ("EPS") and headline earnings per share ("HEPS"), for the full financial year ending 31 December 2010, will be at least 40% higher than those achieved for the full financial year ended 31 December 2009. This forecast could be adversely impacted should the rand strengthen further off its current levels.



Once there is greater clarity on the specific range of the improvement in actual EPS and HEPS, a revised trading statement will be issued providing further guidance to shareholders prior to the publication of AECI's full-year financial results, which are expected to be released on SENS on or about Tuesday, 22 February 2011.
28 Sep 2010 09:40:04
(Official Notice)
AECI shareholders are advised that a general presentation on the company was given on Tuesday, 28 September 2010, at the JSE Ltd, by the company's chief financial officer. This presentation is part of the SA Industrial Conference hosted by Credit Suisse Standard Securities and the JSE Ltd. It will be available via the AECI website www.aeci.co.za at or about 09:30. The presentation contains no information other than that already made available to shareholders in other forums, most recently on 28 July 2010 subsequent to the publication of AECI's half-year financial results to 30 June 2010.
29 Jul 2010 08:29:11
(Media Comment)
Business Report highlighted that AECI, Africa's largest explosives maker, plans to buy chemicals, energy and water treatment companies outside the country to expand its product range. Chief executive Graham Edwards said AECI are actively looking for the right acquisitions, and have some small ones on the cards. Edwards further added that AECI did alot of restructuring and rightsizing through out the whole of last year. The volumes and the cost base are now aligned. The volume improvement is filtering through to the bottom line. AECI's first half sales rose 3 percent to R5.4 billion
28 Jul 2010 12:02:02
(Official Notice)
AECI shareholders were advised that a presentation on the company's condensed consolidated unaudited interim financial results for the half-year ended 30 June 2010 was given on 28 July 2010, to invited institutional investors, analysts and media representatives. The same presentation is available via AECI's website http://www.aeci.co.za.
28 Jul 2010 09:25:00
(C)
Revenue grew to R5.4 million (2009: R5.3 million), operating income increased to R484 000 (2009: R328 000). Net profit attributable to ordinary shareholders also improved to R269 000 (2009: R118 000), HEPS rose by 127% to 238cps, while EPS expanded to 251cps (2009: 110cps).



Dividends

An interim dividend of 70 cents per ordinary share was declared (2009: 28 cents per ordinary share)



Outlook

The group delivered pleasing results for the half-year, on the back of a solid recovery in global resources markets. This recovery had a positive impact on market volumes and on commodity prices and was of substantial benefit to the group. However, the strong rand remains a challenge for AECI's mining and manufacturing customers, and hence could impact profitability across all its businesses in the next six months. Recent global reports highlight the potential for a financial slow-down, and AECI does not expect to see the same level of volume improvement in the second half-year as it did in the first half. However, the group expects to achieve continued benefit from the ramp-up of its capital projects in the second half of the year, although it will be affected by deterioration in the macroeconomic environment should this materialise. The results for the six months to 30 June 2010 are indicative of a new base level of performance for AECI and, provided economic conditions do not change significantly, AECI expects a gradual but sustained improvement in performance as its growth projects come fully on-line over the next six to 12 months.
08 Jul 2010 08:07:05
(Official Notice)
AECI will be releasing its interim results for the half-year ended 30 June 2010 on SENS on 28 July 2010. In this regard, shareholders are advised that the company expects that its actual earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months to 30 June 2010 will be between 115% and 135% higher than those achieved for the first half of 2009. The reasons for this improved performance, from the low base of 2009, were outlined in the company's trading statement issued on SENS on 12 May 2010 and are reiterated as follows:



AECI's customers in the core business sectors of mining and manufacturing experienced an extremely turbulent trading environment in 2009, especially in the first six months as the global economic crisis took its toll. It was only towards year-end that volumes began a modest recovery, particularly in mining, and commodity prices began to increase. This improvement in trading conditions has continued into 2010, although volumes are not yet at pre-crisis levels. The current rand/US dollar exchange rate continues to be a concern in the recovery of South Africa's manufacturing sector and its exports. However, current sales volumes and commodity prices, and the fact that the cost bases of all group businesses are now in line with current levels of throughput, have enabled the company to achieve an improved performance compared to the first half-year in 2009. Furthermore, the year-on-year improvement in the company's cash position has resulted in a lower interest charge. The forecast financial information on which this trading statement is based has not been reviewed and reported on by the company's auditors.
22 Jun 2010 14:46:10
(Official Notice)
AECI is pleased to announce the appointment of Mr Allen Morgan and Advocate Rams Ramashia as non-executive directors to the board of the company. Both appointments are effective from 1 July 2010.
24 May 2010 10:02:09
(Official Notice)
At the 86th annual general meeting of the shareholders of AECI held on 24 May 2010, all the resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolution will be lodged for registration with the Companies and Intellectual Properties Registration Office in due course.
21 May 2010 10:04:44
(Official Notice)
Notice is hereby given that on Friday, 21 May 2010 the Directors of AECI Ltd declared a dividend at the rate of 5.5 per cent per annum for the six months ending Tuesday, 15 June 2010 payable on Tuesday, 15 June 2010 to holders of preference shares recorded in the books of the company at the close of business on Friday, 11 June 2010. The last day to trade cum dividend will be Friday, 4 June 2010 and shares will commence trading ex dividend as from Monday, 7 June 2010. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Tuesday, 15 June 2010. Dividends payable from South Africa will be paid in South African currency at the rate of 30.01824 cps in accordance with the exchange rate ruling on Monday, 17 May 2010 (1 pound sterling = R10.91573). Dividends payable from the United Kingdom office will be subject to such tax deductions as are prescribed by United Kingdom legislation unless a certificate exempting the shareholder concerned from such tax deduction is received before Friday, 4 June 2010. Any change of address or dividend instruction must be received on or before Friday, 4 June 2010. Share certificates may not be dematerialised or rematerialised from Monday, 7 June 2010 to Friday, 11 June 2010, both days inclusive.
12 May 2010 10:17:13
(Official Notice)
AECI`s customers in the core business sectors of mining and manufacturing experienced an extremely turbulent trading environment in 2009, especially in the first six months as the global economic crisis took its toll. It was only towards year-end that volumes began a modest recovery, particularly in mining, and commodity prices began to increase. This improvement in trading conditions has continued into 2010, although volumes are not yet at pre-crisis levels. The current rand/US dollar exchange rate also continues to be a concern in the recovery of South Africa's manufacturing sector and its exports. This notwithstanding, with current sales volumes and commodity prices and given that the cost bases of all group businesses are now in line with current levels of throughput, the company expects that its actual earnings per share and headline earnings per share for the six months to 30 June 2010 will be at least 20% higher than those achieved for the first half of 2009. Another trading statement providing further guidance to shareholders will be issued prior to the publication of AECI's interim financial results on 28 July 2010, once there is greater clarity on the specific range of the improvement in actual EPS and HEPS from the low base of 2009.
15 Apr 2010 08:34:15
(Official Notice)
Shareholders are advised that the annual financial statements have been posted on AECI's website (www.aeci.co.za) , 15 April 2010, and printed copies will be mailed to shareholders on or about Monday, 19 April 2010. The annual financial statements contain no modifications to the reviewed condensed consolidated financial results which were published on SENS on 23 February 2010. Notice of the annual general meeting



Notice is hereby given that the 86th annual general meeting of AECI shareholders will be held at 9:00 on Monday 24 May 2010, on the ground floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the notice of annual general meeting forming part of the annual financial statements
12 Apr 2010 07:45:59
(Media Comment)
The Sunday Times Business Times wrote that AECI's R2 billion capital expenditure programme marked the end of a decade of downsizing. Half of the spending involved new facilities to produce chemicals needed to process minerals, and R750 million was spent on modernising and automating the AEL facilities that produce mining detonators. The company also expects growth both domestic and foreign markets which will benefit the new facilities.
08 Apr 2010 17:02:31
(Official Notice)
AECI's vision is to be the chemical and mining services supplier of choice for customers in its chosen markets. The group will achieve this vision through the successful implementation of its strategy, which is based on four key pillars: world-class technology, a competitive cost base, a customer-driven culture, and responsible behaviour at all times.



The consistent application of these principles across the whole group will enable AECI to meet its growth and financial performance targets. R2 billion has been invested in capital expansion projects over the last three years. All of these projects are essentially complete and the company is now well positioned for growth. To ensure that it is able to take maximum advantage of all growth opportunities in 2010 and beyond, the group structure has been reviewed. The review process indicated, inter alia, that the current corporate structure is not ideal. Of particular concerns was AECI's lack of ability to best perform its parenting role by providing operating companies with the support and guidance they require as they grow locally and internationally. This is particularly true for the 20 diverse entities in the Chemical Services ("Chemserve") group. To address this, the current top management structures, systems and processes of AECI and Chemserve will be integrated. All operating businesses, namely all those currently in the Chemserve group plus AEL Mining Services, Heartland and SANS Technical Fibers in the USA, will report to a single executive committee with immediate effect.



Members of this new executive committee are: Graham Edwards (executive director and chief executive, AECI Ltd), Anthony Diepenbroek (managing director, Heartland), Mark Kathan (executive director and chief financial officer, AECI Ltd), Tobie Louw (managing director, AEL Mining Services), and Mark Dytor, Edwin Ludick and Schalk Venter from the Chemserve executive. The AECI and Chemserve head offices will be merged to eliminate the duplication of roles and responsibilities. The benefits of the new structure will be faster decision making, better focus, better communication and transparency. It will also provide improved accountability and a framework for enhanced corporate governance across all business units. It is expected that restructuring will be completed in the third quarter of 2010.
23 Mar 2010 08:36:27
(Media Comment)
According to Business Report, demand for AECI's products from manufacturing customers was fragile as the market was adversely affected by the stronger rand. However, demand for the group's mining products have stabilised because of higher commodity prices and the business did expect a ramp up of new plants to boost revenue.
19 Mar 2010 15:33:03
(Official Notice)
Frank Baker has elected to retire from the company on 31 March 2010. Mark Dytor, currently an executive director of Chemserve, has been appointed acting managing director of Chemserve with immediate effect.
19 Mar 2010 12:50:17
(Official Notice)
AECI shareholders were advised that a general presentation on the company was being given on Friday, 19 March 2010, by the company's chief executive as part of the JSE - Merrill Lynch foreign investor midcap showcase in Johannesburg. The same presentation will be available on AECI's website www.aeci.co.za.
23 Feb 2010 12:02:26
(Official Notice)
AECI shareholders were advised that a presentation on the company's reviewed condensed consolidated financial results for the year ended 31 December 2009 is being given on 23 February 2010. The presentation is available on the company's website www.aeci.co.za.
23 Feb 2010 09:13:47
(C)
The group's revenue from continuing operations declined by 17% to R10.7 billion (December 2008: R12.8 billion). Operating profit from continuing operations was R767 million, 26% lower than the previous year (December 2008: R1 billion).Headline earnings were R370 million, 16% lower than the previous year (December 2008: R443 million) and headline earnings per share of 346 cents were achieved (December 2008: 412 cents).



Dividend

The board has declared a final cash dividend of 62 cents per ordinary share (December 2008: 141 cents).



Outlook and strategic focus

The slow turnaround in manufacturing and continued recovery in the mining sector should assist in improving volumes in 2010. However, a strong local currency could pressurise margins and dampen the recovery in volumes. Delivery and consolidation will be the focus in the next financial year. Specifically, the group will aim to:

*Commission and ramp-up strategic capital projects.

*Grow volumes to support the delivery of strategic capital projects.

*Maintain working capital ratios, thus preserving cash.

*Enhance its sales focus on opportunities outside South Africa.

*Curtail business risks in a volatile trading environment.

The successful execution of the above should facilitate the delivery of an improved financial performance in the next year.
17 Dec 2009 12:06:19
(Official Notice)
Notification is hereby given that Mr A C Parker has resigned as a non-executive director of AECI Limited, with effect from 31 December 2009.
20 Nov 2009 10:42:36
(Official Notice)
On Friday, 20 November 2009 the directors of AECI Ltd declared a dividend at the rate of 5.5 per cent per annum for the six months ending Tuesday, 15 December 2009 payable on Tuesday, 15 December 2009 to holders of preference shares recorded in the books of the company at the close of business on Friday, 11 December 2009.



The last day to trade cum dividend will be Friday, 4 December 2009 and shares will commence trading ex dividend as from Monday, 7 December 2009. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Tuesday, 15 December 2009. Dividends payable from South Africa will be paid in South African currency at the rate of 33.85614 cents per share in accordance with the exchange rate ruling on Monday, 16 November 2009 (GBP1.00 = R12.31133).
06 Oct 2009 16:36:29
(Official Notice)
Shareholders were entitled, as an alternative to the capitalisation award, in respect of all or part of their shareholding, to elect to receive a cash dividend of 28 cents per ordinary share which would be paid only to those shareholders who had elected to participate in the cash dividend alternative. Shareholders not electing to receive the cash dividend alternative in respect of all or part of their shareholding would, by default, be issued with fully paid ordinary shares in terms of the capitalisation award. The last day to trade to participate in the capitalisation award was Friday, 25 September 2009.



According to the terms of the capitalisation award, the number of new fully paid AECI ordinary shares new shares to which shareholders would become entitled would be determined in the ratio that 28 cents per ordinary share bore to the 30-day volume-weighted average trading price of AECI ordinary shares on the JSE Ltd at the close of business on Wednesday, 16 September 2009. Shareholders were entitled to receive 0.50260 shares for every 100 shares held on Friday, 2 October 2009, being the record date in terms of the capitalisation award, in lieu of the cash dividend alternative of 28 cps. As trading in the strate environment does not permit fractions and fractional entitlements, fractions of shares were not issued, but were rounded to the nearest whole number according to the rounding principle.



AECI shareholders holding 57 464 247 AECI ordinary shares received the capitalisation award, resulting in the issue of 288 883 new shares. A cash dividend of R17 187 166.92 was paid in respect of 61 382 739 AECI ordinary shares in terms of which the cash dividend alternative was elected.



Dividend cheques and share certificates in respect of new shares were posted to certificated shareholders at their risk and the participant or broker custody accounts of dematerialised shareholders were credited on Monday 5 October 2009.
29 Sep 2009 10:43:18
(Official Notice)
AECI shareholders are advised that a Chemserve business update presentation, as well as presentation on Chemserve's mining chemicals strategy, are being given today, 29 September 2009, at 10:00. The presentation will be available on AECI's web site http://www.aeci.co.za at or about 10:00.
17 Sep 2009 12:12:22
(Official Notice)
AECI shareholders are referred to the announcement which was released by the company on SENS on Tuesday, 28 July 2009, and published in the press on Wednesday, 29 July 2009, together with the circular posted on 7 September 2009 regarding the capitalisation award. According to the terms of the capitalisation award, the number of shares to which shareholders are entitled has been determined in the ratio that 28c per ordinary share bears to the 30-day volume-weighted average traded price of AECI ordinary shares on the JSE Ltd at the close of business on Wednesday, 16 September 2009, being R55.71. Shareholders will accordingly be entitled to receive 0.50260 shares for every 100 shares held on Friday, 2 October 2009, being the record date in terms of the capitalisation award, in lieu of the cash dividend of 28cps. Trading in the Strate environment does not permit fractions and fractional entitlements. Accordingly, where a shareholder's entitlement to new ordinary shares calculated in accordance with the above formula gives rise to a fraction of a new ordinary share, such fraction will be rounded up to the nearest whole number, where the fraction is greater than or equal to 0.5 and rounded down to the nearest whole number, where the fraction is smaller than 0.5.
01 Sep 2009 11:07:11
(Official Notice)
AECI shareholders are advised that at the general meeting held on Tuesday, 1 September 2009, the ordinary resolution relating to the control of the authorised but unissued shares in the hands of the directors, for purposes of the capitalisation award, was passed. Accordingly, the capitalisation award circular will be posted to shareholders on or about 7 September 2009. Full details of the capitalisation award are available in the announcement which was released by the company on SENS on Tuesday, 28 July 2009, and published in the press on Wednesday, 29 July 2009.
07 Aug 2009 16:01:45
(Official Notice)
AECI shareholders are referred to the announcement released by the company on SENS and published in the press on Tuesday, 28 July 2009, in which shareholders were advised that the Board of AECI had resolved to issue fully paid ordinary shares in the company ("AECI shares") as a capitalisation award to shareholders ("the capitalisation award"). In order for the company to issue AECI shares in terms of the capitalisation award, shareholders must first provide the board with the relevant authority per Section 221 of the Companies Act.



Accordingly, a general meeting of AECI shareholders will be held on the ground floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton on Tuesday, 1 September 2009 at 09:00. AECI shareholders will be requested to vote on the ordinary resolution required to approve that the authorised but unissued shares in the capital of the company be placed under the control of the board for the specific purpose of fulfilling the terms of the capitalisation award. After obtaining the above authority, a further circular will be posted to AECI shareholders providing full details of the capitalisation award and incorporating a form of election, to be completed by certificated shareholders only.
28 Jul 2009 09:35:39
(C)
Revenue declined by 9% to R5.3 billion (R5.8 billion) for the six months to 30 June 2009. Profit from operations decreased to R328 million (R552 million) and profit for the period attributable to ordinary shareholders fell to R118 million (R350 million). In addition, headline earnings on a per share basis declined by 68% to 105cps (325cps).



Dividend

An interim ordinary dividend of 28cps has been declared.



Outlook

Depressed market conditions are expected to continue for the remainder of the year. In the first six months, as outlined above, the group incurred fair value and exchange difference adjustments of R111 million. Based on current commodity prices and currency exchange rates, it is not expected that these charges will recur. In line with the trading statement published on SENS on 11 June 2009, management expects an improved performance in the second half-year and thus does not expect headline earnings per share for the full financial year, ending 31 December 2009, to be considerably lower than the 412 cents achieved in 2008. The group will continue to sustain its strategic focus, and will: optimise cash flow by controlling working capital aggressively, continue to progress strategic capital projects at AEL and Chemserve, reduce costs in line with reduced activity, and maintain market share and margins through continued excellent service.

11 Jun 2009 08:37:12
(Official Notice)
In its results for the 2008 financial year, released on SENS on 24 February 2009, AECI advised shareholders that the outlook for volume growth in 2009 was not promising. The group's continuing operations have experienced adverse trading conditions thus far in the current financial year. The company therefore expects its interim results for the half-year ending 30 June 2009 to be between 55% and 75% lower than the headline earnings per share ("HEPS") of 325c and earnings per share ("EPS") of 324c achieved in the corresponding reporting period in 2008. The group's profit from continuing operations (before adjustments to the Pension Fund employer surplus account and the plan asset for post-retirement liabilities) is expected to be between 40% and 60% lower than that achieved in the half-year to 30 June 2008. Based on current forecasts and information, management expects an improved performance in the second half-year and thus does not expect HEPS for the full financial year, ending 31 December 2009, to be considerably lower than the 412c achieved in 2008. The group's results for the half-year ending 30 June 2009 are due to be released on SENS on 28 July 2009.
25 May 2009 12:17:48
(Official Notice)
At the 85th annual general meeting of the shareholders of AECI held today, 25 May 2009, all the resolutions proposed at the meeting were approved by the requisite majority of votes.
22 May 2009 10:44:29
(Official Notice)
AECI has declared a dividend at the rate of 5.5% per annum for the six months ending Monday, 15 June 2009 payable on Monday, 15 June 2009 to holders of preference shares recorded in the books of the company at the close of business on Friday, 12 June 2009. The last day to trade cum dividend will be Friday, 5 June 2009 and shares will commence trading ex dividend as from Monday, 8 June 2009. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Monday, 15 June 2009. The dividend amounts to 35.79991cps.
14 Apr 2009 15:23:56
(Official Notice)
With regard to the audited results for the year ended 31 December 2008, shareholders are advised that the annual financial statements have been posted on AECI's website (www.aeci.co.za) and printed copies have been mailed to shareholders on 14 April 2009. The annual financial statements contain no modifications to the reviewed condensed consolidated financial results which were published on SENS on 24 February 2009.



Notice of the annual general meeting

Notice was given that the 85th annual general meeting of AECI shareholders will be held at 9:00 on Monday, 25 May 2009 on the ground floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the notice of annual general meeting forming part of the annual financial statements.
02 Mar 2009 11:30:20
(Official Notice)
In compliance with the listings requirements of the JSE Ltd, notification is hereby given that Ms Alma Kennedy has resigned as company secretary, with effect from 31 March 2009, to take up a position elsewhere. Mr EA (Ted) Rea will serve as acting company secretary from 1 April 2009 until a permanent successor to Ms Kennedy has been appointed.
24 Feb 2009 12:08:30
(Official Notice)
AECI shareholders are advised that a presentation on the company's reviewed condensed consolidated financial results for the year ended 31 December 2008 is being given today, 24 February 2009. The presentation will be available on AECI's web site http://www.aeci.co.za at or about 12:00 today (SA time).
24 Feb 2009 10:21:08
(Official Notice)
The directors of AECI declared a final cash dividend of 141cps, in respect of the financial year ended 31 December 2008, payable on Monday, 20 April 2009 to ordinary shareholders recorded in the books of the company at the close of business on Friday, 17 April 2009. The last day to trade "cum" dividend will be Wednesday, 8 April 2009 and shares will commence trading "ex" dividend as from Thursday, 9 April 2009. Any change of address or dividend instruction must be received on or before Wednesday, 8 April 2009. Share certificates may not be dematerialised or rematerialised from Thursday, 9 April 2009 to Friday, 17 April 2009, both days inclusive. This announcement will be mailed to all recorded shareholders on or about Tuesday, 24 February 2009.
24 Feb 2009 10:13:47
(C)
The group's revenue from continuing operations grew by 48% to R12.8 billion (R8.7 billion) on the back of rising commodity prices in the first nine months of the year, as well as volume growth in all of AECI's business segments other than property. Operating profit from continuing operations increased by 39% to over R1 billion.



Dividend

The directors of AECI declared a final cash dividend of 141cps, in respect of the financial year ended 31 December 2008.



Outlook and strategic focus

It appears that the severe effects of global recessionary trends will remain with us through 2009. The mining sector, a significant area of focus for AECI, has already suffered adverse impacts. Lower commodity prices are resulting in lower returns for customers in this sector and those supplying the retail, manufacturing and automotive sectors have recorded some sharp declines in activity in recent months. Consequently, the outlook for volume growth in 2009 is not promising. The company will need to be extremely vigilant of the overall business environment and avoid short-term decisions that could have adverse long-term impacts. 2009 will be a challenging year with much uncertainty and, therefore, the preservation of cash will be a priority. Specifically, the board has asked AECI's management to:

* control working capital aggressively;

* progress key capital projects, while carefully reviewing all other capital expenditure;

* apply cost leadership principles through all businesses and activities;

* maintain market share and margins through continued excellent service.

While 2009 is likely to be a challenging year, the group will be well positioned for growth from 2010, when the environment is expected to improve and the benefits of the capital investment programme begin to accrue.
02 Dec 2008 10:07:04
(Official Notice)
Mr L C van Vught will retire as a non-executive director of AECI, with effect from 31 December 2008.
21 Nov 2008 12:02:09
(Official Notice)
The directors of AECI have declared a dividend at the rate of 5.5% per annum for the six months ending Monday, 15 December 2008 payable on Monday, 15 December 2008 to holders of preference shares recorded in the books of the company at the close of business on Friday, 12 December 2008. The last day to trade cum dividend will be Friday, 5 December 2008 and shares will commence trading ex dividend as from Monday, 8 December 2008. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Monday, 15 December 2008. Dividends payable from South Africa will be paid in South African currency at the rate of 42.94242cps in accordance with the exchange rate ruling on Monday, 10 November 2008 (1 pound sterling = R15.61543).
04 Nov 2008 10:40:00
(Official Notice)
Shareholders are referred to the SENS announcement published on 29 September 2008 indicating that negotiations for the sale of the nylon light decitex (LDI) business of SANS Fibres (Pty) Ltd ("SANS") had been terminated. In that same announcement, AECI stated that it would, by year-end, make a final decision on exiting not only the nylon LDI business but also SANS's polyethylene terephthalate polymer (PET) business. The company contemplates closing both the nylon LDI and the PET manufacturing operations at the SANS Bellville site, Western Cape. It is envisaged that subject to the consultation process, the businesses will cease manufacturing on 31 March 2009. Thereafter, the site will be cleared and realisation of the land will commence. Regrettably, these contemplated closures are expected to result in 640 direct job losses. The costs associated with this, as well as other closure costs, will be finalised once consultations have been concluded with all stakeholders including employees, the trade union, customers and suppliers.



As a result of the contemplated closure and the subsequent disposal of SANS Bellville's assets, the cash from the disposal, after providing for closure costs, will be approximately equal to the carrying value on the balance sheet. This process is expected to be completed in the next 12 to 18 months and will include the sale of the land. The immediate effect of the above is that a provision for closure costs of approximately R150 million will have to be taken against headline earnings in 2008, and this will cause a reduction in HEPS of approximately 140c for the financial year ending 31 December 2008. These figures have not been audited by the company's auditors.
17 Oct 2008 08:18:59
(Media Comment)
According to Business Report, AECI's property division, Heartland, will spend close to R900 million on infrastructure at sites in Johannesburg and Cape Town over the next five years in anticipation of an upturn in the property market. CE Graham Edwards believed that sale activity of land over the next 12 to 18 months will be very low but that interest rates will start a downward trend in 2010.
16 Oct 2008 10:04:08
(Official Notice)
AECI shareholders are advised that a presentation on the group's property businesses (Heartland Properties and Heartland Leasing) is being given on Thursday, 16 October 2008. The presentation will be available on AECI's web site http://www.aeci.co.za at or about 10:00am (SA time).
29 Sep 2008 08:27:38
(Official Notice)
Shareholders are referred to the SENS announcement published on 7 April 2008 indicating that AECI had reached agreement, in principle, to sell the nylon light decitex (LDI) business of SANS Fibres (Pty) Ltd ("SANS") to a consortium ("the consortium") comprising mainly the management of SANS, the Industrial Development Corporation ("IDC") and a SANS workers' trust. The sale offer was for the entire fibres business situated at Bellville in the Western Cape and at Stoneville, North Carolina, USA.



As indicated most recently in AECI's interim results for the half-year ended 30 June 2008, released on SENS on 29 July 2008, it was expected that the sale would be concluded by the end of September 2008. Since this last announcement, there have been a number of major adverse developments in the nylon market that have impacted negatively on the value and prospects of the SANS business. Such developments include increases in raw material and other input costs, customers' resistance to higher product prices required to offset these increases, and labour unrest at Bellville. After much discussion between AECI and the consortium, the parties have agreed that under the present circumstances the envisaged transaction is no longer feasible.



With mutual regret, therefore, the parties have agreed to terminate any further discussions regarding the sale of the business. AECI will, by year-end, re-evaluate all options for the business and will make a final decision on exiting the nylon LDI business at that time. A due diligence process for the sale of SANS's polyethylene terephthalate (PET) business, also at Bellville, is continuing with the identified potential purchasers and it is still expected that finality on exiting this business will be achieved by the end of 2008.
29 Jul 2008 12:21:56
(Official Notice)
Subsequent to the release on SENS this morning of AECI's interim financial results for the half-year ended 30 June 2008, shareholders are advised that the chief executive's presentation relating to these results will be available on the company's web site at or about 12:15 on Tuesday, 29 July 2008. The web address is http://www.aeci.co.za.
29 Jul 2008 07:55:37
(Official Notice)
AECI declared an interim ordinary dividend of 90 cents per share, in respect of the financial year ending 31 December 2008, payable on Monday, 15 September 2008 to ordinary shareholders recorded in the books of the company at the close of business on Friday, 12 September 2008. The last day to trade cum dividend will be Friday, 5 September 2008 and shares will commence trading ex dividend as from Monday, 8 September 2008. Any change of address or dividend instruction must be received on or before Friday, 5 September 2008.
29 Jul 2008 07:51:39
(C)
Group revenue increased by 43%, reflecting growth in the specialty chemicals and mining solutions sectors. The group?s margins have been under pressure over the last two years and high oil prices again impacted on oil-based raw material costs in the period. However, major efforts were made to avoid margins decreasing further. As a result of these efforts and tight cost control, group operating margin remained at 9.3%, the same level as the first half of 2007. Headline earnings per ordinary share were 325 cents, 35% higher than in the first six months of 2007. All of the group?s businesses delivered improved results, with Chemical Services Ltd (Chemserve) being the largest contributor and recording an outstanding 53% increase in trading profit.



Dividends

An interim dividend of 90 cents per ordinary share was declared for the period under review.



Prospects

Oil prices, inflation and interest rates are expected to remain high for the remainder of the year. However, the trading outlook appears supportive for the Group?s businesses. It is anticipated that property sales will be slow in the second half. Assuming trading conditions remain buoyant, the 2008 year will see much improved results compared to 2007, particularly from Chemserve. Beyond 2008, the capital investments are expected to start delivering substantial benefits in 2010.
28 Jul 2008 08:29:22
(Official Notice)
AECI announced the appointment of Mark Kathan as an executive director and chief financial officer of the company, with effect from 1 September 2008. Mark will succeed Roger Williams who has resigned from AECI, with effect from 31 August 2008.
09 Jul 2008 10:15:55
(Official Notice)
AECI announced that Anthony Diepenbroek (51) has been appointed Chief Executive Officer of Heartland Properties, which is tasked with realising value from land that has become surplus to the company`s needs.
20 Jun 2008 11:06:26
(Media Comment)
AECI's new CEO, Dr Graham Edwards, said in Engineering News that he was "still applying his mind" to ways to release further value from its over 3 000 hectare land holding in Modderfontein and Somerset West. In addition, Graham added that he does not think a separate listing of the Heartland property unit was the best way to offer value to shareholders.
19 Jun 2008 09:14:36
(Official Notice)
AECI expects that for the half-year ending 30 June 2008, headline and attributable earnings per ordinary share will be between 295 and 325 cents per share. This is 25% to 35% higher than the 242 (restated) and 236 cents per share respectively reported in the first half of 2007. The major reasons for the expected increase in earnings are the strong trading performance by Chemical Services Ltd; and strong growth in AEL`s South African surface business and its African operations. The results for the half-year ending 30 June 2008 will be published on 29 July 2008.
26 May 2008 11:07:56
(Official Notice)
All the ordinary resolutions as set out in the notice of annual general meeting contained in the company?s 2007 annual financial statements were duly passed by the requisite majority votes, save for Ordinary Resolution No. 6 which was withdrawn by the chairman at the commencement of the meeting. This Ordinary Resolution is no longer relevant, since the company has purchased call options over AECI ordinary shares which will obviate the need for the company to issue new shares in terms of the AECI share option scheme. The special resolution granting a general mandate to the directors to conduct share buy-backs at the appropriate time and within prescribed limits was similarly adopted, and will be sent to CIPRO for registration.
16 May 2008 09:13:07
(Official Notice)
Notice is given that the directors of AECI have declared a dividend at the rate of 5.5 per cent per annum for the six months ending Friday, 13 June 2008 payable on Friday, 13 June 2008 to holders of preference shares recorded in the books of the company at the close of business on Friday, 6 June 2008. The last day to trade cum dividend will be Friday, 30 May 2008 and shares will commence trading ex dividend as from Monday, 2 June 2008. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Friday, 13 June 2008. Dividends payable from South Africa will be paid in South African currency at the rate of 41.08603 cents per share in accordance with the exchange rate ruling on Monday, 12 May 2008 (1 pound sterling = R14.940375).
15 May 2008 12:07:15
(Official Notice)
AECI shareholders are advised that presentations on the group's mining solutions businesses (AEL and DetNet) are being given on Thursday, 15 May 2008. Both presentations will be available this afternoon on AECI's web site http://www.aeci.co.za at or about 12:15 (SA time).
09 May 2008 08:05:28
(Official Notice)
AECI regrets to announce that Roger Williams, an executive director and chief financial officer of the Company, has advised the board of directors of his intention to resign from his position before year-end.
09 Apr 2008 15:12:38
(Official Notice)
With regard to the audited results for the year ended 31 December 2007, shareholders are advised that the annual financial statements have been posted on AECI's website (www.aeci.co.za) and will be distributed to shareholders during the week of 14 April 2008 and contain no modifications to the reviewed condensed consolidated financial results which were published on SENS on 26 February 2008.



Notice of the annual general meeting

Notice was also given that the 84th annual general meeting of AECI shareholders will be held at 9:00 on Monday, 26 May 2008, on the ground floor, AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead, Sandton to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
07 Apr 2008 12:12:49
(Official Notice)
AECI announced that it has reached agreement, in principle, to sell the nylon light decitex (LDI) business of SANS to a consortium comprising mainly the management of SANS, the Industrial Development Corporation of South Africa (IDC), and a SANS workers` trust. The sale offer is for the entire fibres business situated at Bellville in the Western Cape and at Stoneville, North Carolina, USA.
26 Feb 2008 07:57:00
(Official Notice)
Notice is hereby given that on Monday, 25 February 2008 the directors of AECI declared a final cash dividend of 141 cents per share, in respect of the financial year ended 31 December 2007, payable on Monday, 21 April 2008 to ordinary shareholders recorded in the books of the company at the close of business on Friday, 18 April 2008. The last day to trade cum dividend will be Friday, 11 April 2008 and shares will commence trading ex dividend as from Monday, 14 April 2008. Any change of address or dividend instruction must be received on or before Friday, 11 April 2008. Share certificates may not be dematerialised or rematerialised from Monday, 14 April 2008 to Friday, 18 April 2008, both days inclusive.
26 Feb 2008 07:51:04
(C)
Headline earnings of R392 million, equivalent to 355 cents per ordinary share, were 58% lower than in 2006. The current year?s headline earnings are stated after charging R108 million after tax (R117 million before tax) in respect of closure costs at SANS Fibres (SANS). Group revenue increased by 11% in total in 2007 whilst revenue from continuing operations increased by 13%, reflecting some pleasing growth in the mining and specialty chemicals sectors.



Dividends

The board of directors declared a final cash dividend of 141 cents per share, in respect of the financial year ended 31 December 2007.



Prospects

The trading outlook for 2008 appears challenging with the prospect of high oil prices, a higher interest rate environment, a weaker rand and uncertainty regarding power supply in South Africa. A weaker rand puts immediate pressure on the group?s import costs but assists with exports. Inflationary pressures are evident in many countries. Therefore, pressure on margins is expected to continue. The group will focus on containing operating costs and will seek to recover increased input costs in the market where possible. AECI is well-positioned and well-funded to grow both organically and by acquisition. 2008 should see improved results compared to 2007, particularly from Chemserve and Heartland. Beyond 2008, the benefits of capital investments are expected to start delivering significantly improved results in 2009 and 2010.
08 Feb 2008 08:44:36
(Official Notice)
Shareholders are referred to the announcement released on SENS on 6 December 2007, notifying that Mr Schalk Engelbrecht would retire from his position as chief executive of the company on 1 March 2008. AECI is pleased to announce that Mr Engelbrecht has agreed to continue serving on the board of AECI in a non-executive capacity after his retirement date. In that same announcement, shareholders were advised that Dr Graham Edwards, currently managing director of African Explosives Ltd (AEL), will take over as chief executive of AECI on 1 March 2008. Mr Tobie Louw has been appointed to succeed Dr Edwards at AEL, with effect from 1 April 2008. He will also join AECI's executive committee at that time.
01 Feb 2008 14:06:34
(Official Notice)
Senmin International (Pty) Ltd (Senmin), a subsidiary of Chemical Services Ltd (Chemserve), has concluded a joint venture agreement with Ciba UK plc to build and operate a R380 million world class plant for manufacturing acrylamide and polyacrylamide using Ciba technology. Ciba will be a minority equity partner in the joint venture and, in addition to providing the business with a royalty-free licence for the use of proprietary technology, will contribute its brand name to the products manufactured.



Commissioning will start in the first quarter of 2009 and production is scheduled to commence towards the end of the year. The plant is to be built at Senmin's site in Sasolburg. Chemcity, a Sasol Ltd enterprise development initiative and a wholly-owned subsidiary of Sasol Chemical Industries, has been appointed by the joint venture to facilitate and assist in securing the supply of key raw materials, utilities and other services from Sasol's existing operations. Chemserve is a wholly-owned subsidiary of AECI Ltd.
01 Feb 2008 14:02:55
(Official Notice)
AECI is currently finalising its results for the year ended 31 December 2007, which are due to be released on SENS on 26 February 2008. In this regard, shareholders are advised that headline earnings per share are expected to be 10% to 15% below the lower range (400cps) of the guidance provided to the market in the SENS announcement dated 28 November 2007. This is attributable to two property transactions which were in progress but which were not completed prior to year end as anticipated. It is expected that both sales will now take place in 2008.



Attributable earnings per share are expected to be approximately 30% below the lower range (560cps) of the previous guidance. This is the result of the above property transactions as well as an increase in the impairment provision for SANS Fibres. The impairment provision is a non-cash item in which the book value of the fixed assets has been written down to the projected discounted cashflows of the business units or anticipated sales value. The provision has been increased to include the PET assets, based on current trading and outlook, and assets of the nylon businesses in the USA and South Africa for which indicative sale offers have been received.
25 Jul 2006 08:30:30
(C)
Headline earnings rose to 378cps (194cps). An unusually large disposal lifted profit from operations in the property segment to R292 million from R68 million in the comparable period last year, equivalent to an increase in earnings of approximately 180cps. Revenues of group businesses increased by 17% over the same period last year. Excluding the effect of acquisitions, revenue increased by 12%. Demand from the local manufacturing sector improved in the second quarter largely due to the weaker Rand exchange rate. The operating margin improved to 12.4% of sales from 9.3% and the 12 month return on average invested capital (ROIC) for the group, excluding revaluation of land, was 19% compared to 16% at June 2005. The groups net borrowings of R1 250 million were R327 million higher than at June 2005.



Dividend

An increased dividend of 64c per ordinary share has been declared, giving a dividend cover of 5.9 times compared with 54c per share and 3.6 times cover in 2005.



Outlook

Global growth appears robust despite heightened geo-political uncertainty in the Middle East and an upward tendency in interest rates. Maintaining and improving margins through timeous response to volatile raw material prices and exchange rates represents the major challenge for the group in the second half of the year. The contribution from property activities is likely to be substantially lower in the second half than in 2005 as the stock of land immediately available for sale is currently limited. However, earnings may be boosted by the release of part of the provision for post-employment medical aid benefits following the agreement with the AECI Pension Fund. Excluding this release, management is targeting a second half result similar to that of 2005.
28 Jun 2006 12:59:26
(Official Notice)
The company has announced the appointment of Litha Nyhonyha as a non-executive director, with immediate effect.
12 Jun 2006 09:22:51
(Official Notice)
AECI expects that for the half year ending 30 June 2006, headline and attributable earnings per ordinary share will be between 365c and 400c per share (that is, 88% to 106% higher than in the first half of 2005). The reason for the expected increase in earnings is the conclusion of an unconditional agreement by the company to dispose of 61 hectares of industrial land at Milnerton in the Western Cape for R260 million, realising a substantial gain on disposal. The results for the half year ending 30 June 2006 will be published on 25 July 2006.
23 May 2006 11:16:37
(Official Notice)
All resolutions considered at the company's annual general meeting on 22 May 06, including the special resolution granting the directors of the company the general authority to repurchase the company's shares was passed by the requisite number of shareholders. The special resolution will be lodged with the Registrar of Companies for registration in due course.
16 May 2006 09:50:30
(Official Notice)
On Monday, 15 May 2006 the directors of AECI declared a dividend at the rate of 5.5% per annum for the six months ending Thursday, 15 June 2006 payable on Thursday, 15 June 2006 to holders of preference shares recorded in the books of the company at the close of business on Friday, 9 June 2006. The last day to trade cum dividend will be Friday, 2 June 2006 and shares will commence trading ex dividend as from Monday, 5 June 2006. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Thursday, 15 June 2006. Dividends payable from South Africa will be paid in South African currency at the rate of 30.87006cps, in accordance with the exchange rate ruling on Monday, 8 May 2006 (GBP1 = R11.22548).
04 Apr 2006 08:43:54
(Official Notice)
No change statement

The company's 2005 annual report, containing the annual financial statements for the year ended 31 December 2005, was posted to shareholders on Thursday, 30 March 2006, and contains no modifications to the audited results which were published on 21 February 2006. The annual financial statements were audited by KPMG Inc. and its report is available for inspection at the company's registered office.



Notice of annual general meeting

The 82nd annual general meeting of AECI will be held on Monday, 22 May 2006, for the purpose of conducting the business as stated in the notice of annual general meeting forming part of the 2005 annual report.
21 Feb 2006 08:46:54
(Official Notice)
AECI has declared a final dividend, number 144, of 121cps, in respect of the financial year ended 31 December 2005, payable on Monday, 24 April 2006 to ordinary shareholders recorded in the books of the Company at the close of business on Friday, 21 April 2006. The last day to trade cum dividend would be Wednesday, 12 April 2006 and shares will commence trading ex dividend from Thursday, 13 April 2006.
21 Feb 2006 08:41:26
(C)
Sales revenues of group businesses increased by 11% to R8.8 billion (R7.9 billion), bolstered in part by additions to the Chemical Services portfolio. Revenue- weighted volume was some 2% higher in aggregate. The ongoing containment of operating costs enabled an increase in the overall trading margin to 10.1% of sales from 9.4%. Net capital expenditure of R339 million during the year was R127 million higher than the depreciation charge and net profit rose to R520 million (R287 million). Headline earnings of 482cps (392cps) were 23% higher and restructuring costs equivalent to 15cps were incurred compared to 27cps in 2004.



Dividend

An increased final dividend of 121cps (94cps) was declared to bring the total dividends for the year to 175cps (138cps) with a dividend cover of 2.7 (2.8).



Prospects

The prevailing environment of GDP growth, firm commodity prices and rand exchange rate accompanied by low inflation and interest rates is not expected to change materially in the year ahead, and the group's portfolio of businesses is well positioned to benefit in these conditions. The extent of land available for sale during 2006 will be lower than in 2005. Nonetheless, provided the rand exchange rate does not strengthen substantially from the 2005 average, management is again targeting an increase in headline earnings for the full financial year.

02 Feb 2006 11:30:43
(Official Notice)
AECI expects that for the financial year ended 31 December 2005, headline earnings per ordinary share will be between 470c and 490c per share (that is, 20% to 25% higher than in 2004), and attributable earnings per ordinary share will be between 435c and 455c per share. The difference between the headline and attributable earnings per share is predominantly due to a further transitional provision for post-employment medical aid benefits and the costs of discontinuance of certain operations. The main reasons for the increase in earnings are improved performance by the explosives and specialty fibres businesses, and by property activities, and lower financing costs. The results for the financial year ended 31 December 2005 will be published on 21 February 2006.
21 Nov 2005 08:58:43
(Official Notice)
Notification is hereby given that Ms T H Nyasulu has resigned as a non- executive director of AECI, effective 18 November 2005.
17 Nov 2005 14:01:53
(Official Notice)
On Monday, 14 November 2005 the directors of AECI declared a dividend at the rate of 5.5% per annum for the six months ending Thursday, 15 December 2005 payable on Thursday, 15 December 2005 to holders of preference shares recorded in the books of the company at the close of business on Friday, 9 December 2005. The last day to trade cum dividend will be Friday, 2 December 2005 and shares will commence trading ex dividend as from Monday, 5 December 2005. The dividend is declared in pound sterling and payment will be made from the offices of the transfer secretaries in South Africa and the United Kingdom on Thursday, 15 December 2005.



Dividends payable from South Africa will be paid in South African currency at the rate of 32.28328c per share, in accordance with the exchange rate ruling on Monday, 14 November 2005 (1GBP = R11.739375).
29 Aug 2005 11:06:40
(Official Notice)
The sale of a 25.1 percent interest in ImproChem (Pty) Ltd (ImproChem) to the Tiso Group (Tiso) has been concluded for a total consideration of R94 million. ImproChem is a leader in the supply of products and services to the water management and hydrocarbon processing sectors. A licence agreement with the Nalco Company of the USA, the global leader in water treatment, ensures access to advanced technology and expertise. ImproChem is a subsidiary of speciality chemicals group Chemical Services Ltd, a member of the AECI Group.

10 Aug 2005 12:56:34
(Media Comment)
Aeci`s bid to acquire Norwegian explosives company Dyno Nobel has failed. Dyno Nobel`s owners rejected Aeci`s bidding price.
26 Jul 2005 09:18:27
(Official Notice)
On Monday, 25 July 2005 the directors of AECI declared an interim dividend of 54cps, in respect of the financial year ending 31 December 2005, payable on Monday, 19 September 2005 to ordinary shareholders recorded in the books of the company at the close of business on Friday, 16 September 2005. The last day to trade cum dividend will be Friday, 9 September 2005 and shares will commence trading ex dividend as from Monday, 12 September 2005.
26 Jul 2005 09:00:37
(C)
Headline earnings for the first half-year were 194cps (158cps), 23% higher than in the first half of 2004. An increased dividend of 54cps has been declared, giving a dividend cover of 3.6 times compared with 44cps and 3.6 times cover in 2004. Revenue rose 3% to R4bn (R3.9bn) while net profit increased to R209m (R111m). The group`s net borrowings of R941m were R93m lower than at June 2004. Cash interest cover at 10.3 times was substantially higher than the 6.7 times achieved in the first half of 2004 whilst gearing reduced to 34% of shareholders` funds from 41% at June 2004.



Prospects

The progressive benefit of actions taken in prior years in response to a relatively strong exchange rate and low inflation will continue to emerge in the second half-year. If the current and somewhat more competitive level of the exchange rate were to be sustained it would be helpful to the group`s export businesses and also to most of the local customer base. Volatility in oil intermediates and hence raw material prices seems likely to continue for some time. Nonetheless, with a similar contribution in prospect from property activities in the second half, management is targeting a significant increase in headline earnings per share for the full 2005 financial year.
01 Jul 2005 08:47:01
(Official Notice)
AECI expects that for the six month period ending 30 June 2005, headline earnings per ordinary share will be between 186c and 198c per share (i.e.18% to 25% higher than in the first half of 2004), and attributable earnings per ordinary share will be between 176c and 188c per share. The difference between the headline and attributable earnings per share is predominantly due to a further transitional provision for post-employment medical aid benefits. The main reasons for the increase in earnings are an improved performance by the speciality fibres business, strong results from property activities and lower financing costs.



The results for the six month period ending 30 June 2005 will be published on 26 July 2005.
15 Nov 2004 14:33:34
(Official Notice)
On Monday, 15 November 2004 the directors of AECI declared a dividend at the rate of 5.5% per annum for the six months ending Wednesday, 15 December 2004 payable on Wednesday, 15 December 2004. The last day to trade cum dividend will be Friday, 3 December 2004. The dividend is declared in pound sterling.

18-Aug-2017
(X)
AECI is a South African-based explosives and specialty chemicals company focused on providing products and services to a broad spectrum of customers in the mining, manufacturing, agricultural, food and beverage, and general industrial sectors. It has regional and international businesses in Africa, South East Asia, the USA and Australia.



The Group currently comprises 15 businesses and, at 31 December 2016, it had 6 630 employees.



The focus is on domestic growth as well as ongoing expansion outside South Africa in the Group?s chosen strategic areas of Mining Solutions, Water Solutions, Agrochemicals, and Food Additives and Ingredients. The proactive management of a portfolio of Specialty Chemicals businesses is the Group?s fifth growth pillar.


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