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07-Sep-2018
(Official Notice)
20-Aug-2018
(Official Notice)
02-Aug-2018
(Official Notice)
Notice is hereby given that the company?s annual compliance report, in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003, as submitted to the B-BBEE Commission, has been published and is available on the company?s website at www.alexanderforbes.co.za.https://www.alexanderforbes.co.za/download/afo/investorrelations/FSC%20Rating% 20Certificates/FORM-1-Compliance%20Report%20-%2013G2%20-%202018.pdf.
03-Jul-2018
(Official Notice)
Shareholders are advised that Mr Thabo Dloti has been appointed as an independent non-executive director of the Company, and member of the Acquisitions, Capital Oversight and Social, Ethics and Transformation Committees with effect from 1 August 2018.
29-Jun-2018
(Official Notice)
With regard to the audited results for the year ended 31 March 2018, shareholders are advised that the audited annual financial statements are available on the company?s website at www.alexanderforbes.co.za and contain no modifications to the audited results that were published on SENS on 11 June 2018. The company confirms that there have been no changes to the unqualified auditor?s report which was referenced in the audited results and made available to shareholders at the company?s registered office on the same date as the release of the audited results.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of the shareholders of the company (?the AGM?) will be held in the Table Mountain Board Room, 7th Floor, Alexander Forbes, 115 West Street, Sandown, Johannesburg on Thursday, 6 September 2018 at 09h30 to transact the business as stated in the annual general meeting notice forming part of the annual financial results.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of annual general meeting - Friday, 6 July 2018

*Last day to trade in order to be eligible to attend and vote at the annual general meeting - Tuesday, 28 August 2018

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting - Friday, 31 August 2018

*Forms of proxy for the annual general meeting to be lodged by 09h30 on Tuesday, 4 September 2018



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.



The summary financial statements (together with the Notice of AGM and proxy form) will be distributed to shareholders on 13 July 2018. The remaining documents including the integrated annual report for the year ended 31 March 2018 and other disclosures required by the JSE Listings Requirements will be posted on the company?s website at www.alexanderforbes.co.za by no later than 31 July 2018.
11-Jun-2018
(C)
Fee and commission income for the year grew to R4.1 billion (R4.0 billion) whilst operating profit lowered to R510 million (R800 million). Profit attributable to owners dropped to R240 million (R1.5 billion). In addition, headline earnings per share decreased to 44.4 cents per share (53.4 cents per share).



Dividend

The directors have declared a final gross cash dividend of 24 cents (19.2 cents net of dividend withholding tax) per ordinary share for the year ended 31 March 2018.



Company prospects

Looking ahead, we anticipate the economic and political backdrop to remain challenging across our markets. That said, a ray of light in the past year in South Africa was the moderation of the inflation rate, the resultant reduction in the repo rate which should aid consumers, alongside significant political change with Cyril Ramaphosa appointed as President, with rising business and consumer sentiment.



We remain committed to the execution and delivery of our Ambition 2022 strategy and building a leading pan-African financial services leader, with strong franchises across retirements, health, investments, wealth management and insurance alongside a focus on innovative solutions to help our customers achieve better outcomes and a lifetime of financial well-being and security.



Our focus for the next financial year remains the same. Continued delivery of improvement in our cost-to-income ratio, improving our customer value proposition with the launch of new solutions, progressing with our technology and digital modernisation programme and addressing the issues to allow us to continue to improve returns to shareholders.



With our strong capital base, market-leading franchises and a business model intended to generate cash flows through the cycle, we see significant latent opportunity to continue to drive further organic and acquisitive growth. We believe Alexander Forbes remains well positioned to deliver improved profitability and shareholder value over time.
31-May-2018
(Official Notice)
17-May-2018
(Official Notice)
Shareholders are advised that Ms NB Radebe has been appointed as a member of the Social, Ethics and Transformation and Capital Oversight Committees with effect from 21 May 2018.
19-Apr-2018
(Official Notice)
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Mr Nigel George Payne has been appointed as an independent non-executive director of the Company, chair of the Group Risk and Audit Committee and member of the Capital Oversight Committee with effect from 1 May 2018. He will also be appointed as a director and Audit Committee chair of a number of Alexander Forbes subsidiary companies. Mr Payne is a Chartered Accountant whose early career was in professional services at KPMG, followed by eight years as head of Transnet?s internal audit function before leaving to establish his own corporate governance and risk management advisory practice. He has been a professional director for 15 years, serving on the boards of several listed and unlisted companies and has significant experience in financial services and capital markets. Mr Payne is currently the chair of Mr Price Group Limited. He also serves on the board of the JSE Ltd. and as chair of their Audit committee and member of the Risk and Self-Regulatory Organisation committees.



Mr Payne is a former member of the King Committee on Corporate Governance and was responsible for the Risk Management chapter in King 2. He has also served on the international board of the Institute of Internal Auditors. The board welcomes Mr Payne and looks forward to his contribution to Alexander Forbes as it delivers on its strategy of being a globally distinctive Pan-African financial services company.



Several other committee changes have been effected as follows:

*Mr AA Darfoor: Member of the Social, Ethics and Transformation and Technology Modernisation Committees, effective 8 March and 12 February 2018 respectively.

*Mr RM Head: Chair of the Technology Modernisation and Group Capital Oversight Committees, effective 12 February and 8 March 2018 respectively.

*Ms BJ Memela-Khambula: Chair of the Social, Ethics and Transformation Committee, effective 8 March 2018.

*Mr S O?Regan: Member of the Technology Modernisation Committee, effective 8 March 2018.

*Ms Marilyn Ramplin: Member of the Risk and Audit and Capital Oversight Committees, effective 8 March 2018.
22-Mar-2018
(Official Notice)
Shareholders are advised that the Company?s pre-close presentation has been made available on the website: www.alexanderforbes.co.za



While we acknowledge and recognise the Group?s diverse stakeholders, the pre-close message is targeted primarily at the financial and investor community with a distinct focus on progress towards achieving our Ambition 2022 strategy and the Company?s turnaround plans.
09-Mar-2018
(Official Notice)
Shareholders are advised that Mrs Marilyn Ramplin has been appointed as an Independent Non-Executive Director of the Company and member of the Group Risk and Audit and Capital Oversight Committees with effect from 8 March 2018.
15-Dec-2017
(Official Notice)
Shareholders are advised that Mr Hilgard (Hillie) Pieter Meyer has submitted his resignation as an independent non- executive director on the Company?s Board with effect from 31 December 2017. Mr Meyer will therefore also resign from his position as Chairman of the Capital Oversight Committee and member of the Audit, Acquisitions, Remuneration and Nomination Committees.



Shareholders are further advised that Mr Robert Michael (Bob) Head has been elected as Chairman of the newly established Technology Modernisation Committee, as well as interim Chairman of the Audit Committee with effect from 1 January 2018.
08-Dec-2017
(Official Notice)
Shareholders are advised that Dr D (Len) Konar has submitted his resignation as an independent non-executive director on the Company?s board with immediate effect. Dr Konar will therefore also resign from his position as chairman of the Audit Committee.



Dr Konar took the decision in view of recently published reports concerning developments at Steinhoff International Holdings NV ("Steinhoff"), where he serves as deputy chairman of the Supervisory Board.
04-Dec-2017
(C)
01-Dec-2017
(Official Notice)
Shareholders are advised that Mr Robert Michael Head has been appointed as an Independent Non-Executive Director of the Company, as well as a member of the Group Audit and Group Capital Oversight Committees, with effect from 1 January 2018.
21-Nov-2017
(Official Notice)
On 19 December 2016, the group announced the disposal of its 60% interest in Lane Clark and Peacock LLP together with its subsidiaries in Ireland and the Netherlands (?LCP?) (?Disposal?) to the LCP individual partners and funds managed by Inflexion Private Equity, for a total consideration of GBP75.4 million. The group will report the earnings of these businesses as discontinued operations for the prior period ended September 2016, however the earnings and headline earnings per share include the results of the discontinued operations.



In addition, on 20 January 2017, the shareholders approved a transaction whereby African Rainbow Capital (Pty) Ltd. purchased 10% of the group?s Africa operations. The earnings of the group for 30 September 2017 reflect the increase in the non-controlling interest resulting from this transaction.



Both transactions contribute to a decline in the group earnings and headline earnings for the period.



The group expects headline earnings per share (?HEPS?) and earnings per share (?EPS?) for the six month period ended 30 September 2017 to fall within the following ranges:

Reported 30/09/2016 cents - Expected 30/09/2017 cents

* Headline earnings per share : 27.0 - 20.9 ? 22.3

* Earnings per share : 27.3 - 21.2 ? 22.5



The profit from operations before non-trading and capital items more appropriately reflects the core trading results of the operating divisions of the group. The profit from operations before non-trading items is expected to be between 3% to 5% higher than the six month period in the prior year.



The financial results of Alexander Forbes for the six month period ended 30 September 2017 will be released on SENS on 4 December 2017.
01-Nov-2017
(Official Notice)
Aforbes announced the appointment of Ms Nonkululeko Nyembezi as the new independent non-executive chairman with effect from 1 January 2018. She becomes the first woman to chair the board in the Company?s 82 years of existence. Ms Nyembezi succeeds Mr Sello Moloko and joins the Company at a time of strategic and business transformation in the implementation of its Ambition 2022 growth strategy, to create a globally distinctive pan-African financial services leader anchored in five core business pillars.
12-Oct-2017
(Official Notice)
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Ltd. Listings Requirements, notice is hereby given that the Company?s annual compliance report, in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003, as submitted to the B-BEE Commission, has been published and is available on the Company?s website at www.alexanderforbes.co.za.
11-Sep-2017
(Official Notice)
At the 2017 annual general meeting (?AGM?) of the shareholders of Aforbes held on 7 September 2017 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
29-Aug-2017
(Official Notice)
Shareholders are advised that Ms Bridget Radebe has been appointed as non-executive director of Alexander Forbes Group Holdings Ltd., with effect from 1 September 2017 and Mr Hilgard Pieter Meyer as a member of the Company?s audit committee effective 28 August 2017. Mr Meyer currently serves as the independent director of the Company.





17-Aug-2017
(Official Notice)
Shareholders are referred to the notice convening the 11th annual general meeting ("AGM") of the shareholders of Alexander Frobes to be held in Table Mountain Board Room, 7th Floor, Alexander Forbes, 115 West Street, Sandown, Johannesburg on Thursday, 7 September 2017 at 08:30. Such AGM notice was posted to shareholders on 30 June 2017 and details thereof announced on SENS the same day.



Amendments to Resolutions

In terms of the notice of AGM, ordinary resolutions number 1.1 and 1.4 designations have been amended to read Independent Director and ordinary resolution number 1.3 has been amended to read Non- Executive Director.



Withdrawal of Resolutions

In terms of the notice of AGM:

* ordinary resolution number 1.2 proposes the re-appointment of Mr RM Kgosana as an Independent Non-Executive Director and ordinary resolution number 1.6 proposes the appointment of Mr BP Bydawell as an Executive Finance Director. As result of Mr Kgosana?s resignation announced on SENS on 3 July 2017 and the appointment of a new Group Chief Financial Officer, Naidene Foord-Hoon announced on SENS on 4 July 2017, these resolutions have now been withdrawn.



* ordinary resolution number 2.2 proposes that Mr RM Kgosana be elected as a member of the audit committee, subject to his re-election as a director in ordinary resolution number 1.2. As a result of his resignation, this resolution has now been withdrawn.



Change to the board of directors

Per the announcement released by the company on SENS on 13 June 2017, shareholders were advised that Mr Sello Moloko had retired as the Non-Executive Chairman of the board, with effect from 31 August 2017. Further to the resignation of Mr RM Kgosana, shareholders are advised that Mr Sello Moloko will no longer be retiring as the Non-Executive Chairman of the board and will continue in his current role.
04-Jul-2017
(Official Notice)
Aforbes announced three key new executive appointments to strengthen its leadership team focused on implementing the Group?s strategic ambition of building a globally distinctive pan-African financial services leader across five strategic business pillars.



These five pillars are to:

- Grow its institutional financial services - asset management capability;

- Grow its retail financial services, including offshore capability;

- Expand across select sub-Saharan African - emerging market geographies;

- Strive for excellence across service, operational - technology enablement; and

- Innovate and create internal capacity to disrupt itself.



The new appointments are Naidene Ford-Hoon as Group Chief Financial Officer (GCFO), Christian Schaub as Group Chief Human Resources Officer (GCHRO) - subject to issuance of a work permit - and Thabo Mashaba who is assuming a new role of Group Chief Empowerment - Transformation Officer (GCETO). All appointments are effective from 1 September 2017.
03-Jul-2017
(Official Notice)
Shareholders are advised that Mr. Moses Kgosana has resigned as a non-executive director from the board of Alexander Forbes Group Holdings Ltd. with effect from 3 July 2017.



Mr Kgosana was due to take up the role of Chairman as at 31 August 2017 and has now withdrawn from this role.



Since becoming aware of recently published allegations in respect of KPMG which related to his previous position as CEO and Senior Partner of KPMG, he believes it is the correct course of action for himself, the company, its clients and shareholders. Mr Kgosana felt that the demands on his time in the role of chairman of the company whilst attending to these allegations, will interfere with his deliverable expectations. Alexander Forbes welcomes this decisive action.



The Alexander Forbes board wishes him well and thanks him for his contribution as a director over the past two years. Current chairman Sello Moloko will remain non-executive chairman in the interim.

30-Jun-2017
(Official Notice)
With regard to the audited results for the year ended 31 March 2017, shareholders are advised that the annual financial statements have been distributed to shareholders on 30 June 2017 and contain no modifications to the audited results that were published on SENS on 12 June 2017.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of the shareholders of the Company (?the AGM?) will be held in the Table Mountain Board Room, 7th Floor, Alexander Forbes, 115 West Street, Sandown, Johannesburg on Thursday, 7 September 2017 at 08h30 to transact the business as stated in the annual general meeting notice forming part of the annual financial results.



Salient dates

- Record date to determine which shareholders are entitled to receive the notice of annual general meeting Friday, 23 June 2017

- Last day to trade in order to be eligible to attend and vote at the annual general meeting Tuesday, 29 August 2017

- Record date to determine which shareholders are entitled to attend and vote at the annual general meeting Friday, 1 September 2017

- Forms of proxy for the annual general meeting to be lodged by 08h30 on Tuesday, 5 September 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.
13-Jun-2017
(Official Notice)
Afrobes shareholders are advised that a presentation on the Group?s audited financial results for the year ended 31 March 2017 will take place at 08h00 on 13 June 2017, at the Company?s Sandton offices. The presentation will be available to view on the Company?s website www.alexanderforbes.co.za, shortly following release of this announcement.
13-Jun-2017
(Official Notice)
Aforbes announces the retirement of the Non-Executive Chairman of the board, Mr Sello Moloko, with effect from 31 August 2017. The Board has appointed his successor, independent non- executive director Mr Moses Kgosana as the Independent Chairman with effect from the same date.



The Company also announced the resignation of Ms Janice Salvado, Group Company Secretary, with effect from 30 June 2017. Ms Salvado leaves the Group after 18 years service in order to pursue other opportunities but has agreed to continue to stay with the Group in an advisory capacity to provide counsel as needed. Ms Carina Wessels joins the Company as Group Company Secretary with effect from 1 October 2017 from Exxaro Resources Ltd.
12-Jun-2017
(C)
30-May-2017
(Official Notice)
On 19 December 2017, the group announced the disposal of its 60% interest in Lane Clark and Peacock LLP together with its subsidiaries in Ireland and the Netherlands (?LCP?) (?Disposal?) to the LCP individual partners and funds managed by Inflexion Private Equity, for a total consideration of GBP75.4 million. As a result of the Disposal, the group has recognized a profit on sale of R788 million, which is calculated on the basis of the total proceeds less the net asset value of the operation sold. The profit on sale recognized in the consolidated income statement will increase basic earnings per share by more than 20%. Headline earnings per share for the period excludes profit on the sale but includes the operating profits from discontinued operations for the 8 months prior to the Disposal.



The group expects headline earnings per share (HEPS) and earnings per share (EPS) for the year ended 31 March 2017 to fall within the following ranges:

Reported 31/03/2016; Expected 31/03/2017 and Change (cents)

*Headline earnings per share - 58.1; 52.5 ? 55.2; (10%) ? (5%)

*Earnings per share - 56.9; 113.0 ? 115.0; 99% - 102%



The financial results of Alexander Forbes for the year ended 31 March 2017 will be released on SENS on 12 June 2017.
27-Mar-2017
(Official Notice)
Shareholders of the company are advised that at the general meeting held on 27 March 2017, the ordinary and special resolutions as set out in the notice of General Meeting incorporated in the circular dated 24 February 2017, were duly approved by the requisite number of votes.
24-Feb-2017
(Official Notice)
Shareholders are advised that a circular containing the necessary information in order to seek shareholder approval to enable the Board to effect a general repurchase of ordinary shares by the Company (and/or its subsidiaries) has been posted to shareholders today, 24 February 2017. The circular incorporates a notice of a general meeting and a form of proxy (?the Circular?). The Circular can also be accessed on the website of Alexander Forbes, www.alexanderforbes.co.za.



Notice of General Meeting

Notice is hereby given that a general meeting of Alexander Forbes shareholders (?the General Meeting?) will be held at 10:00 on Monday, 27 March 2017 at the registered office of Alexander Forbes, in the Table Mountain Board Room at 115 West Street, Sandown, Sandton, to consider and, if deemed fit, to pass, with or without modification, the resolutions set out in the notice of General Meeting.



Salient dates

The salient dates pertaining to the General Meeting are set out in the table below. 2017:

*Record date to determine which shareholders are eligible to receive the Circular and notice of General Meeting Friday, 17 February

*Posting of the Circular and notice convening the General Meeting released on SENSFriday, 24 February

*Notice convening the General Meeting published in the South African press Monday, 27 February

*Last day to trade in order to be eligible to attend and vote at the General Meeting (Voting Last Day to Trade) Tuesday, 14 March

*Voting Record Date in order to be eligible to attend and vote at the General Meeting Friday, 17 March

*Last day to lodge forms of proxy for the General Meeting by 10:00 onThursday, 23 March

*General Meeting to be held at 10:00 Monday, 27 March

*Results of General Meeting released on SENS Monday, 27 March

*Results of General Meeting published in the South African press Tuesday, 28 March



Notes

1.The above salient dates and times are subject to change. Any changes will be announced on SENS.

2.If the General Meeting is adjourned or postponed, the forms of proxy submitted for the initial General Meeting will remain valid in respect of any adjournment or postponement of the General Meeting.

03-Feb-2017
(Official Notice)
Alexander Forbes announces the resignation of group chief financial officer Mr Deon Viljoen, with effect from 30 April 2017. Mr Viljoen leaves the Group after 14 years? service, in order to pursue other opportunities.



Mr Bruce Bydawell will assume the position of acting group chief financial officer.



The Company also announces the retirement of Mr Peter Edwards, managing director of Institutional Financial Services, with effect from 31 March 2017. Mr Edwards has agreed to stay with the Group as a senior adviser post his retirement, so as to provide counsel as needed while the Company executes on its single institutional strategy.



Extensive searches are underway to identify suitable candidates for the roles of group chief financial officer and MD of Institutional Clients and further announcements will be made in due course. Alexander Forbes is committed to appointing first class leaders commensurate with the standing of the Group.







20-Jan-2017
(Official Notice)
Shareholders of Alexander Forbes Group Holdings (AFGH) approved a transaction announced in November 2016 introducing African Rainbow Capital (Pty) Ltd. (ARC), a wholly-owned subsidiary of Ubuntu-Botho Investments (Pty) Ltd., as an empowerment shareholder.



ARC is investing in Alexander Forbes?s African operations by acquiring 10% of wholly-owned subsidiary Alexander Forbes Ltd. (AFL) for net proceeds of R678 105 000 (post the completion dividend) to be settled in cash. The total cash consideration of the transaction amounts to R753 450 000.



In a circular sent to shareholders, Alexander Forbes says the group aims to leverage its expertise in South Africa where appropriate to drive growth in the rest of the continent, improve asset capture in the institutional business, continue to provide solutions to the institutional member base and drive modernisation in the group?s technology environment.
20-Jan-2017
(Official Notice)
Shareholders of Alexander Forbes are advised that at the general meeting held at the offices of Alexander Forbes in the Table Mountain Board Room at 115 West Street, Sandown, Sandton, today, 20 January 2017 at 10:00 (?General Meeting?), the resolutions as set out in the notice of General Meeting incorporated in the circular dated 2 December 2016, were duly approved by the requisite majority of votes.
20-Dec-2016
(Official Notice)
02-Dec-2016
(Official Notice)
Shareholders of Alexander Forbes (?Shareholders?) are referred to the announcement dated 29 September 2016 regarding the proposed transaction with African Rainbow Capital (Pty) Ltd. (?Proposed Transaction?) and the announcement dated 25 November 2016 regarding the update to Shareholders and the extension of posting date of the circular.



Notice of general meeting

Notice is hereby given that a general meeting of Shareholders (?General Meeting?) will be held at the offices of Alexander Forbes, in the Table Mountain Board Room at 115 West Street, Sandown, Sandton, South Africa at 10:00 on Friday, 20 January 2017 for the purposes of considering, and, if deemed fit, passing with or without modification, the proposed resolutions.



Important dates and times

*Posting record date to be eligible to receive the circular - Friday, 25 November 2016

*Circular posted to Shareholders and notice of General Meeting released on SENS on - Friday, 2 December 2016

*Notice of General Meeting published in the South African press on - Monday, 5 December 2016

*Last day to trade shares in order to be eligible to participate in and to vote at the General Meeting (see notes 2 and 4 below) - Tuesday, 10 January 2017

*Record date for purposes of the General Meeting being 17:00 on - Friday, 13 January 2017

*Last day to lodge request for participation in General Meeting via electronic participation being 10:00 on - Wednesday, 18 January 2017

*Completed forms of proxy to be lodged by 10:00 on (see note 5 below) - Wednesday, 18 January 2017

*General Meeting held at the registered office of Alexander Forbes, in the Table Mountain Board Room at 115 West Street, Sandown, Sandton, South Africa at 10:00 on - Friday, 20 January 2017

*Results of General Meeting published on SENS and on the website of Alexander Forbes on - Friday, 20 January 2017

*Results of General Meeting published in the South African press on - Monday, 23 January 2017



Posting of Circular

A circular providing information on the Proposed Transaction, resolutions necessary for the implementation of the Proposed Transaction, a notice convening the General Meeting and the form of proxy, will be dispatched to Shareholders today. An electronic version of the circular to Shareholders can be found on the company?s website at www.alexanderforbes.co.za.

28-Nov-2016
(Official Notice)
Shareholders are advised that Alexander Forbes is involved in negotiations regarding the potential disposal of certain non-core operations outside Africa which, if successfully concluded, may have a material effect on the price of the Company?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities, until a further announcement is made.
28-Nov-2016
(C)
Fee and commission income increased to R2.933 billion (2015: R2.792 billion), operating profit rose to R512 million (2015: R477 million), profit attributable to equity holders was higher at R349 million (2015: R337 million), while headline earnings per share grew to 27 cents per share (2015: 26 cents per share).



Interim dividend

A dividend declaration has been considered, taking into account the group's current and projected regulatory position as well as the highly cash-generative nature of the group. The investment into modernising technology will demand additional capital investment, however, this is expected to be provided for through ongoing earnings.



The directors have declared an interim gross cash dividend of 17 cents (14.45 cents net of dividend withholding tax) per ordinary share for the six months ended 30 September 2016.



Prospects

Looking ahead, we expect market activity to be influenced by geopolitical and macroeconomic uncertainty over the next several reporting periods and the outlook to remain challenging. The group's strategy is to focus on building a globally distinctive pan-African financial services leader across five core pillars. Alexander Forbes' strategic priorities include:

- Focus on the customer with a clear brand strategy and customer value proposition.

- Grow Retail and Emerging Market business lines, leveraging the Institutional platform, plus open market.

- Address margin compression across Institutional clients business lines.

- Modernisation of host systems, including increasing digital capabilities.

- Execute expense savings programmes.

- Maintain solid capital position and strong cash generation while returning capital to shareholders.
25-Nov-2016
(Official Notice)
Update to shareholders and extension of posting date of a circular Further to the terms announcement released on SENS on 29 September 2016 (and using the terms defined therein unless otherwise stated), in the interest of expediting the transaction, the Board simplified the transaction and the associated approval process. Therefore, shareholders will only be requested to consider and, if deemed fit, approve the following resolutions:

1. an ordinary resolution, requiring at least 50% shareholder approval, authorising and approving the issue of the Subscription Shares to ARC;

2. an ordinary resolution, requiring at least 50% shareholder approval, authorising and approving the Flip-Up; and

3. an ordinary resolution, requiring at least 50% shareholder approval, authorising certain representatives of the Company to take the necessary steps to implement the transaction.



This revised position has been discussed with the JSE and, pursuant to this, an extension in respect of the date of posting the circular has been granted. The circular pertaining to the Subscription and the Flip-Up is expected to be posted on Friday, 2 December 2016 and the general meeting to obtain approval from shareholders is expected to be held on or about Friday, 20 January 2017. The revised and simplified transaction is supported by Mercer and Mercer will renew its irrevocable commitment to vote in favour of the ordinary resolutions in respect of the Subscription and the Flip- Up.
29-Sep-2016
(Official Notice)
22-Sep-2016
(Official Notice)
Alexander Forbes shareholders are advised that a presentation providing investors with a high level update of the current operating environment and the impact on the Group?s performance, has been made available on the company?s website www.alexanderforbes.co.za.
07-Sep-2016
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 14 March 2016 and subsequent renewals thereof, the last of which was dated 25 July 2016 and therefore requires renewal in terms of the JSE Listings Requirements.



Alexander Forbes remains involved in negotiations regarding the potential introduction of a black economic empowerment partner which, if successfully concluded, may have a material effect on the price of the company?s securities.



At this stage, the company can disclose that negotiations relate to a potential transaction whereby the empowerment partner may subscribe for 10% of the equity in all of the African operations (excluding the International operations outside of the African continent), housed within Alexander Forbes Ltd. (a subsidiary of the company). It is currently anticipated that the potential transaction will not require any funding from the company.



The terms and conditions to the potential transaction are in the process of being negotiated and accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities, until a further announcement is made.
26-Aug-2016
(Official Notice)
At the 2016 annual general meeting (?AGM?) of the shareholders of Alexander Forbes held on 26 August 2016 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
24-Aug-2016
(Official Notice)
The board of directors announced today that Andrew Darfoor has been appointed Group Chief Executive of Alexander Forbes, with effect from 1 September 2016.



Upon Darfoor?s appointment and also with effect from 1 September 2016, Sello Moloko reverts to his role as Non-Executive Chairman. Deon Viljoen, having not made himself available for consideration of this role, resumes his position as Group Chief Financial Officer.



15-Aug-2016
(Official Notice)
Further to the announcement of 8 February 2016, the company advises that it has made significant progress in the recruitment of a Group Chief Executive and is at the advanced stage of finalising an appointment.



A further announcement will follow in due course.



The JSE has accordingly provided an extension for a period of 3 months in terms of paragraph 3.84 (g).



25-Jul-2016
(Official Notice)
Shareholders are referred to the cautionary announcements released on SENS on 14 March 2016, 29 April 2016 and on 10 June 2016. Alexander Forbes remains involved in negotiations regarding the potential introduction of a black economic empowerment partner which, if successfully concluded, may have a material effect on the price of the Company?s securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities, until a further announcement is made.
30-Jun-2016
(Official Notice)
With regard to the audited results for the year ended 31 March 2016, shareholders are advised that the annual financial statements have been distributed to shareholders on 30 June 2016 and contain no modifications to the audited results that were published on SENS on 13 June 2016.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of the shareholders of the Company ("the AGM") will be held in the Table Mountain Board Room, 7th Floor, Alexander Forbes, 115 West Street, Sandown, Johannesburg on Friday, 26 August 2016 at 08h30 to transact the business as stated in the annual general meeting notice forming part of the annual financial results.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of annual general meeting 24 June 2016

*Last day to trade in order to be eligible to attend and vote at the annual general meeting 16 August 2016

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting 19 August 2016

*Forms of proxy for the annual general meeting to be lodged by 08h30 on 24 August 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.

13-Jun-2016
(Official Notice)
Alexander Forbes shareholders are advised that a presentation on the group?s results for the year ended 31 March 2016 will take place at 10h30 today, 13 June 2016, at the company?s Sandton offices.



The presentation will be available to view on the company?s website www.alexanderforbes.co.za, shortly following release of this announcement.



13-Jun-2016
(C)
Operating income net of direct expenses grew to R5.4 billion (R4.9 billion). Operating profit increased to R1.1 billion (R782 million). Profit attributable to equity holders shot up to R729 million (R253 million). In addition, headline earnings per share jumped to 58.1 cents per share (31.9 cents per share).



Final dividend

A dividend declaration has been considered, taking into account the group's current and projected regulatory position as well as the highly cash-generative nature of the group. The investment into modernising technology will demand additional capital investment; however, this is expected to be provided for through ongoing earnings.



Notice is hereby given that the directors have declared a final gross cash dividend of 22 cents (18.70 cents net of dividend withholding tax) per ordinary share for the year ended 31 March 2016.



Prospects

The year has been challenging for Alexander Forbes's executive management team, as the South African business environment and economic fundamentals have negatively affected key business drivers and worked against the group's efforts to show traction on the group's strategic goals.



The group's key focus will continue to align with its higher purpose objectives set a number of years back: to create, grow and protect clients' wealth and, in doing so, help its clients achieve peace of mind through securing their financial well-being.



Leadership remains confident that the group's strategic intent is sound and its focus in the coming year will remain on driving top line growth while optimising operational expenses and ensuring organisational integrity.



As such, the group will aim to:

* improve asset capture in the institutional core business by providing tailored product options suited to clients' needs; deepening investment knowledge and enhancing investment performance; and by granting its clients easier access to investment choices including lower cost investment portfolios;

* continue to access the institutional member base to provide appropriate holistic financial advice and relevant value adding products to retail clients;

* use the expertise gained in South Africa to drive growth in the rest of the continent;

* drive modernisation in the group's technology environment including the digital interface with its clients; and

* continue to challenge itself and find efficiencies in the operating environment.
10-Jun-2016
(Official Notice)
Shareholders are referred to the cautionary announcements released on the Stock Exchange News Service on 14 March 2016 and on 29 April 2016. Alexander Forbes remains involved in negotiations regarding the potential introduction of a black economic empowerment partner which, if successfully concluded, may have a material effect on the price of the Company?s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities, until a further announcement is made.



27-May-2016
(Official Notice)
On 24 July 2014, the group listed on the JSE Ltd (?JSE?). The costs associated with the listing were disclosed in the pro-forma financial effects on the income statement contained in the company?s pre-listing statement issued on 7 July 2014 and the interim results announcement released on the Stock Exchange News Service (?SENS?) on 2 December 2014. In addition, these costs were disclosed in detail in the annual financial statements of the group made available on the company's website to all shareholders on 30 June 2015. These costs incurred in the 2014/2015 financial year will have a significant effect on the comparability of the most recent financial year?s results which ended on 31 March 2016.



The group expects headline earnings per share (HEPS) and earnings per share (EPS) to fall within the following ranges for the year ended 31 March 2016:

*Headline earnings per share: 55,8 cents - 59,0 cents being an increase of 75% - 85%

*Earnings per share: 55,4 cents - 57,4 cents being an increase of 175% - 185%



The profit from operations before non-trading and capital items more appropriately reflects the core trading results of the operating divisions of the group. This result, is not expected to exceed the 20% criteria of paragraph 3.4 (b) of the listings requirements.



The financial information on which this trading statement is based has not been reviewed and reported on by the group's external auditors. The financial results of Alexander Forbes for the year ended 31 March 2016 will be released on SENS on 13 June 2016.







29-Apr-2016
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 14 March 2016 and are advised that Alexander Forbes is still involved in negotiations regarding the potential introduction of a black economic empowerment partner which, if successfully concluded, may have a material effect on the price of the Company?s securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities, until a further announcement is made.
17-Mar-2016
(Official Notice)
Alexander Forbes shareholders are advised that a presentation, aimed at providing investors with a better understanding of the Group?s general operating environment and the impact of these factors on the Group?s performance, has been made available on the company?s website www.alexanderforbes.co.za.
14-Mar-2016
(Official Notice)
Shareholders are hereby advised that Alexander Forbes has entered into negotiations with a potential black economic empowerment partner regarding an investment into the Group?s African subsidiaries, the terms of which are still being agreed. Such negotiations, if successfully concluded, may have a material effect on the price of the company?s securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made.
08-Feb-2016
(Official Notice)
Alexander Forbes announced the early retirement of the Group Chief Executive Mr Edward Kieswetter, who is leaving the Company after six years to pursue other interests.



Mr Kieswetter approached the Board indicating that, for personal reasons, he wishes to retire from the Company at the end of March 2017. In considering his request, the Board and Mr Kieswetter agreed that in order to provide leadership continuity, and to allow the Board to commence with its succession plan, Mr Kieswetter will step down as Group Chief Executive with effect from 8 February 2016. Whilst serving his notice and until his retirement, he will be available to the Group to assist with a smooth transition and serve on projects as and when required by the Board.



Mr Sello Moloko, the Board?s Non-executive Chairman will act as Executive Chairman until a new Group Chief Executive is appointed, a role he previously held prior to the listing of the Company. Mr Mark Collier continues as the Board?s lead independent director. In addition, Mr Deon Viljoen, the Group Chief Financial Officer, has agreed to assume the role of interim Group Chief Executive, with immediate effect. The Board is confident that this will ensure a smooth transition and continuation of the Group?s long- term strategy.



The Company will shortly commence the process of recruiting and appointing a suitably qualified and experienced Chief Executive Officer and an announcement in this regard will be made in due course.
30-Nov-2015
(Official Notice)
Shareholders are referred to the interim results announcement released on the Stock Exchange News Service (?SENS?) at 8:25am on 30 November 2015. Notes 2 to 13 of the results also provide a full year comparison which is currently headed ?12 months ended 31 March 2014?. This heading should read ?12 months ended 31 March 2015?.
30-Nov-2015
(C)
Fee and commission income came in higher at R2.8 billion (R2.6 billion), while operating profit was R477 million (R271 million). Profit for the period from continued operation increased to R401 million (R186 million) and profit attributable to equity holders rose to R337 million (R114 million). Furthermore headline earnings per share increased to 26.0cps (11.5cps).



Dividend

Notice is hereby given that the directors have declared a gross cash dividend of 15.0 cents (12.75 cents net of dividend withholding tax where applicable) per ordinary share for the six months ended 30 September 2015.



Prospects

The group continues to mobilise around the redefined strategic intent which includes:

*Growing the core institutional business with a high degree of discipline (Employee benefits, Investments)

*Leveraging the core business to achieve higher growth (Retail, Public Sector, Africa beyond SA)

*Striving for excellence (Service and operational excellence and technology enablement)

*Creating dedicated internal capacity for further innovation and modernisation.



Alexander Forbes continues to lead the market in its core businesses. The board and management will focus on delivering consistent revenue and operating profit growth through predictable, highly recurring revenue streams. The group remains ?capital lite? despite the growing regulatory requirements and is highly cash generative providing attractive dividend earnings and a compelling investment case to its shareholders.
04-Nov-2015
(Official Notice)
On 24 July 2014, the group listed on the Johannesburg Stock Exchange (?JSE?). The costs associated with the listing were disclosed in the pro-forma financial effects on the income statement contained in the company?s pre-listing statement issued on 7 July 2014 and the interim results announcement released on the Stock Exchange News Service (?SENS?) on 2 December 2014. In addition, these costs were disclosed in detail in the annual financial statements of the group made available on the Company website to all shareholders on 30 June 2015. These costs will have a significant effect on the comparability of the current year?s interim results for the six months ended 30 September 2015.



The group expects headline earnings per share (HEPS) for the six months ended 30 September 2015 to be between 115% and 135% higher (14 to 16 cents per share higher) compared to the reported profit of 12 cents per share in the previous corresponding period. Earnings per share (EPS) for the six months ended 30 September 2015 is expected to be between 165% and 185% higher (17 and 19 cents per share higher) when compared to the reported profit of 10 cps in the previous corresponding period.



The profit from operations before non-trading and capital items more appropriately reflects the core trading results of the operating divisions of the group. This result, is not expected to exceed the 20% criteria of paragraph 3.4 (b) of the listings requirements. As previously reported the growth in profits will continue to be impacted by the accounting for the new share based long term management incentive plans introduced at the time of listing to replace the previous ownership based plan and further investment in the strategic growth initiatives of the group.



The financial information on which this trading statement is based has not been reviewed or reported on by the group's external auditors. The financial results of Alexander Forbes for the six months ended 30 September 2015 will be released on SENS on 30 November 2015.

04-Sep-2015
(Official Notice)
Alexander Forbes hereby announces that Mr B Petersen has resigned as a director of the Company?s board and member of the group audit committee with effect from 4 September 2015. Further, Mr RM Kgosana joins the Company?s group audit committee with effect from 4 September 2015.
30-Jul-2015
(Official Notice)
At the 2015 annual general meeting (?AGM?) of the shareholders of Aforbes held 30 July 2015 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
28-Jul-2015
(Official Notice)
Annual general meeting to be held at 10h00 on Thursday, 30 July 2015 in the Table Mountain Board Room, 7th Floor, Alexander Forbes, 115 West Street, Sandown, Johannesburg.



Alexander Forbes has determined that Special Resolution 2 in the notice of Annual General Meeting distributed on 30 June 2015, pertaining to the provision of direct and indirect financial assistance, is no longer required and will therefore be withdrawn.



This notice of withdrawal is being distributed by email to all shareholders and is also being released via the Stock Exchange News Service.

02-Jul-2015
(Official Notice)
Aforbes announced that Ms "Totsie" BJ Memela-Khumbula, CEO of Eduloan (Pty) Ltd. (Eduloan), has been appointed as an independent non-executive director of the Company with effect from 1 July 2015. In addition to her role as CEO of Eduloan, Ms Memela currently serves as Chair of executive search firm, Memela Pratt, Council Member of the University of Johannesburg as well as Director to a range of other investment companies.
30-Jun-2015
(Official Notice)
No change statement

With regard to the audited results for the year ended 31 March 2015, shareholders are advised that the annual financial statements have been distributed to shareholders on 30 June 2015 and contain no modifications to the audited results which were published on SENS on 8 June 2015.



Notice of the annual general meeting

Notice is hereby given that the ninth annual general meeting of the shareholders of the Company ("the AGM") will be held in the Table Mountain Board Room, 7 th Floor, Alexander Forbes, 115 West Street, Sandown, Johannesburg on Thursday, 30 July 2015 at 10h00 to transact the business as stated in the annual general meeting notice forming part of the annual financial results.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of annual general meeting 19 June 2015

*Last day to trade in order to be eligible to attend and vote at the annual general meeting17 July 2015

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting 24 July 2015

*Forms of proxy for the annual general meeting to be lodged by 10h00 on 28 July 2015

*any proxies not lodged by this time must be handed to the chairperson of the annual general meeting immediately prior to the annual general meeting.



08-Jun-2015
(Official Notice)
Alexander Forbes shareholders are advised that a presentation on the Group's results for the year ended 31 March 2015 was made at 12h30 today, 8 June 2015, in Sandton and will again take place tomorrow, 9 June 2015 in Cape Town. The presentation is available on the Company's website www.alexanderforbes.co.za.

08-Jun-2015
(C)
The following results are the company's maiden final results. Fee and commission income was R5.3 billion. Operating profit came in at R782 million. A profit attributable to equity holders of R253 million was recorded. Furthermore, headline earnings per share were 31.9cps.



Dividends

A dividend declaration has been considered taking into account the group?s current and projected regulatory position during the transitional period to the new regulatory framework as well as the highly cash generative nature of the group. The strategy to build a significant retail business will demand additional capital investment, however, this is expected to be provided for through ongoing earnings.



Notice is hereby given that the directors have declared a gross cash dividend of 12 cents (10.20 cents net of dividend withholding tax) per ordinary share for the year ended 31 March 2015.



Prospects

During the year the group invested significant time and effort into refining its new five year ambition. The strategic intent around which the group will be organised and measured includes: growing the core institutional business with a high degree of discipline (employee benefits | investment) leveraging the core business to achieve higher growth (retail | public sector | Africa beyond South Africa) developing the groups complementary businesses (motor and household insurance | life) striving for excellence (service and operational excellence and technology enablement) creating dedicated internal capacity for further innovation.



Management remain committed to continue with and to accelerate the strategic growth initiatives whilst ensuring that the core business remains strong and continues to grow. In order to achieve the above, the group is reorganising internally to align with its client segmentation and created, amongst others, an Institution Cluster and Retail Cluster to integrate its value proposition to these segments. When analysing along these clusters, the solid growth in the institutional and capacity investment in retail is clearly visible. This new segmentation is introduced in the analyst presentation available on the group website.
01-Jun-2015
(Official Notice)
At the general meeting (?GM?) of the shareholders of AForbes held on 01 June 2015, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.
26-May-2015
(Official Notice)
04-May-2015
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service ("SENS") on 20 April 2015, in which they were advised that AForbes has established an ESOP Trust and entered into agreements to implement the BEE ESOP Transaction. Pursuant to the BEE ESOP Transaction, the Company will issue 39,070,700 AForbes ordinary shares to the ESOP Trust subject to shareholder approval, representing approximately 2.91% of the Company's issued share capital following implementation of the ESOP Transaction.



Shareholders are advised that a circular, setting out, inter alia, the terms of the BEE ESOP Transaction and incorporating a Notice of General Meeting convening a General Meeting of AForbes shareholders in order to consider and, if deemed fit, to pass the ordinary and special resolutions necessary to authorise and implement the BEE ESOP Transaction, to be posted to shareholders today, Monday, 4 May 2015 ("the Circular").



The salient dates pertaining to the General Meeting, also contained in the Circular, are as follows:

*Record date for Alexander Forbes shareholders to be eligible to receive the Circular Friday: 24 April

*Circular posted to Alexander Forbes shareholders on Monday, 4 May

*Last day to trade Alexander Forbes shares in order to be eligible to participate in and vote at the General Meeting: Friday, 15 May

*Record date in order to be eligible to be eligible to participate in and vote at the General Meeting: Friday, 22 May

*Last date for receipt of the forms of proxy for the General Meeting by 12:00 on Thursday, 28 May

*General Meeting to be held at 12:00 at Alexander Forbes' registered office, being 115 West Street, Sandton, Gauteng, on Monday, 1 June

*Results of the General Meeting released on SENS on Monday, 1 June

*Results of the General Meeting published in the press on Tuesday, 2 June
22-Apr-2015
(Official Notice)
AForbes announced that Mr Moses Kgosana, previously Chief Executive and Senior Partner of KPMG Southern Africa and Chairman of KPMG Africa, has been appointed as an independent non-executive director of the Company with effect from 21 April 2015.
20-Apr-2015
(Official Notice)
02-Dec-2014
(Official Notice)
Alexander Forbes shareholders are advised that a presentation on the Group?s unaudited interim results for the six months ended 30 September 2014 will be made at 12h00 today, 2 December 2014 in Sandton and again tomorrow, 3 December 2014 in Cape Town. The presentation will be available on the Company?s website www.alexanderforbes.co.za, at or about 12h00, Tuesday, 2 December 2014.
02-Dec-2014
(C)
This is the maiden interim results for Alexander Forbes. Fee and commission income came in at R2.6 billion while operating profit was R271 million. Profit for the period from continued operation was R186 million and profit attributable to equity holders came in at R114 million. Furthermore headline earnings per share was 12cps.



Dividend

Alexander Forbes is preparing for the introduction of consolidated supervision. The group awaits the final guidelines and implementation by the Regulator to assess the additional regulatory capital at group level. For that reason, the board of directors has not proposed a dividend for the interim period ended 30 September 2014.



Prospects

Alexander Forbes is well positioned to continue to strengthen its core businesses and related market positions even further and to drive its growth strategies with clear focus.



The capital restructure that took effect on the last day of the 2014 financial year also positions the group well to accelerate investment for growth while responding to a fast changing and more demanding regulatory environment. The group will continue to manage the balance between allocating resource to build capacity for the long-term growth versus managing its short-term objectives. In doing so, it focusses on financial and non-financial aspects in building a sustainable but growth-orientated business. It is experiencing the outcomes of its resolute commitment to a number of key strategic initiatives that have strengthened the integrity of its business through:

*Repositioning our brand and reputation

*Stakeholder engagement and relationship building

*Leadership development to diversify and enhance our bench strength

*Employee engagement.
26-Nov-2014
(Official Notice)
On 31 March 2014, Alexander Forbes completed a comprehensive capital restructure aimed at redeeming substantially all of the remaining debt instruments and preference share instruments in the Private Equity funding structure and replacing such outstanding amounts with ordinary equity. A single, unsecured term loan was introduced. The capital restructure was in part to facilitate the realisation of the Private Equity shareholding, as well as the group?s listing on the exchange operated by the JSE Limited (JSE) on 24 of July 2014.



As a result of the significant changes in capital structure, and as disclosed in the pro forma financial effects on the income statement outlined in the pre-listing statement issued on 7 July 2014, the group expects earnings per share for the six month ended 30 September 2014 to be between 190% and 210% higher compared to the previous corresponding reporting period?s loss of 10 cps, resulting in expected earnings per share of between 9 and 11c. Headline earnings per share is expected to be between 222% and 244% higher compared to the previous corresponding reporting period's loss of 9 cps, resulting in expected headline earnings per share of between 11 and 13c.



The significant increase in the earnings per share measurement is largely due to the changes in capital structure and the related effect on the finance costs in the income statement. The profit from operations before non-trading and capital items more appropriately reflects the growth in the core trading results of the operating divisions of the group. The increase in this trading result is expected to be between 14% and 17% compared to the previous corresponding reporting period?s profit. The financial information on which this trading statement is based has not been reviewed and reported on by the group's external auditors. The six months? unaudited interim results for Alexander Forbes will be released on the Stock Exchange News Service on 2 December 2014.
06-Nov-2014
(Media Comment)
Business Day reports that AForbes is looking to re-enter the African market in countries such as Ghana, Malawi and Tanzania after it has sold its risk services in 2011, effectively exiting Mozambique, Tanzania and Malawi.
29-Oct-2014
(Official Notice)
At the 2014 annual general meeting of the shareholders of Alexander Forbes held yesterday, 28 October 2014 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
13-Oct-2014
(Official Notice)
AForbes announced that Mr David Anderson, Managing Director and Market Leader for Mercer Africa Ltd. ("Mercer") in the Pacific, spanning the firm's five business segments of talent, health, retirement, financial services and investments, has been appointed as non-executive director of the company with effect from 10 October 2014. Mr Anderson is a Senior Partner of Mercer and is the Chairman for Marsh - McLennan Companies for Australia, spanning the operations of Marsh, Guy Carpenter, Mercer and Oliver Wyman.
09-Oct-2014
(Official Notice)
Notice was given that the eighth annual general meeting of the shareholders of the Company ("the AGM") will be held in the Table Mountain Board Room, 7 th Floor, Alexander Forbes, 115 West Street, Sandown, Johannesburg on Tuesday, 28 October 2014 at 16h00 to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.



The Company published its annual financial statements for the year ended 31 March 2014 on 9 June 2014 ("AFS"). Please note that an announcement was subsequently issued on SENS on 20 June 2014 stating that an in-principle agreement had been reached with the South African Revenue Service relating to tax deductions for interest expenses incurred by the Group between 2007 and 2014 ("SARS Settlement"). The formal settlement agreement was entered into on 1 July 2014. Accordingly, when the Company released its pre-listing statement on 7 July 2014 in preparation for the listing of the Company's shares on the JSE Ltd., the consolidated financial statements for the Group contained in the pre-listing statement reflected the effects of the SARS Settlement, which occurred after 9 June 2014. The AFS contained in the Integrated Annual Report referred to above similarly reflect the effects of the SARS settlement and constitute an adjustment to the annual financial statements released on 9 June 2014 for this.



Salient dates

The notice of the Company's annual general meeting has been sent to its shareholders who were recorded as such in the Company's securities register on Friday, 26 September 2014 being the notice record date used to determine which shareholders are entitled to receive notice of the 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 October 2014 being the voting record date used to determine 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 October 2014. Proxy forms must be lodged by no later than 16h00 on Friday, 24 October 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.
01-Aug-2014
(Official Notice)
Reference is made to the pre-listing statement, dated 7 July 2014, the abridged pre-listing statement released on SENS on 7 July 2014, and the pricing announcement released on SENS on 18 July 2014, relating to an offer for subscription by AForbes and an offer for sale by certain of the company's shareholders (the "Selling Shareholders"), subject to certain conditions (the "Offer").



AForbes announced that, in connection with the Offer, Rand Merchant Bank, a division of FirstRand Bank Ltd., acting in its capacity as stabilisation manager and on behalf of the joint bookrunners of the Offer, has given notice to the Selling Shareholders that it will exercise, in respect of 64 789 412 ordinary shares in the company (the "Optional Sale Shares"), the over-allotment option granted to it by the Selling Shareholders.



The issue price of AForbes ordinary shares was set at R7.50 on 18 July 2014. Including the Optional Sale Shares, the total size of the Offer is R3.725 billion (496 718 829 ordinary shares). Post the exercise of the over-allotment option, the total number of ordinary shares in issue will remain at 1 302 356 263.



The stabilisation period commenced at 09h00 on 24 July and ended at 17h00 on 31 July.
31-Jul-2014
(Official Notice)
AForbes announced that Mr Simon O'Regan, President of Mercer's Europac Region with responsibility for all of Mercer's business across Europe and the Pacific, has been appointed as non-executive director of the company with effect from 31 July 2014.
21-Aug-2018
(X)
Alexander Forbes is a diversified financial services organisation providing a broad range of retirement, consulting (including healthcare), asset management, insurance and wealth management solutions to both corporate and individual clients to create, grow and protect their wealth and assets, helping them secure a lifetime of financial well-being and security.



Alexander Forbes is listed on the Johannesburg Stock Exchange (JSE) and its clients span both the private and public sector market segments on the institutional side, and individual members, as well as the wider individual market, on the retail side.



Alexander Forbes?s principal geographic focus is South Africa, where it has been operating since 1935, sub-Saharan Africa and the Channel Islands.



For the financial year ended 31 March 2018 the group reported tangible progress in its turnaround strategy with operating income up 5.1% to R3 647 million, as a result of strong top-line performance in key growth business segments. The group has a presence across eight countries and employs 3 092 people.


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