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07-Sep-2018
(Official Notice)
14-Aug-2018
(Official Notice)
In compliance with paragraph 3.59(b) of the Listings Requirements of the Johannesburg Stock Exchange, shareholders are advised that Mr Hartmann Beukes has resigned as Financial Director of Adrenna with immediate effect. Shareholders are advised that Ms Michelle Beukes has been appointed as Financial Director of Adrenna with immediate effect.
12-Jul-2018
(Official Notice)
Shareholders are advised that at the Annual General Meeting of shareholders held on Thursday, 12 July 2018, all the resolutions proposed at the AGM were passed by the requisite majority. Details of the results of voting were as follows:

*Total number of shares that can be exercised at the meeting 100% 55,914,804

*Total number of shares present/represented including proxies at the meeting 62% 34,443,911

*Total number of members present in person or by proxy 7
29-May-2018
(Official Notice)
Notice is hereby given that the annual general meeting of ordinary shareholders of the Company will be held at 10h00 on Thursday, 12 July 2018 in the boardroom at Unit 32, Waterford Office Park, Waterford Drive, Fourways, Sandton to transact the business as stated in the notice of annual general meeting forming part of the integrated annual report. Shareholders are advised that the Annual Report was posted to shareholders on Tuesday, 29 May 2018.



Record Dates

The board of directors of the Company has determined that the record date for the purpose of determining which shareholders of the Company are entitled to receive notice of this annual general meeting is Friday, 25 May 2018 and the record date for purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 6 July 2018.



Accordingly, only shareholders who are registered in the register of members of the Company on Friday, 6 July 2018 will be entitled to participate in and vote at the annual general meeting and thus the last day to trade in order to be reflected on the register of members is Tuesday, 3 July 2018.



Broad-Based Black Economic Empowerment Act ? Annual Compliance Report Shareholders are hereby notified that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Company?s Annual Compliance Report, in terms of section 13G(2) of the Act, has been published and is available on the Company?s website, www.adrennapropertygroup.co.za
29-May-2018
(C)
Revenue for the year grew to R27.5 million (R26.2 million). Income attributable to ordinary shareholders dropped to R15.7 million (R21.1 million). In addition, headline earnings per share tumbled to 7.2cps (13.1cps)
22-May-2018
(Official Notice)
Shareholders are advised that:

- the Group?s headline earnings per share (?HEPS?) for the year ended 28 February 2018 are expected to be between 40% and 50% lower (7.86 and 6.55 cents per share) than the HEPS of 13.1 cents per share reported for the previous year ended 28 February 2017;

- basic earnings per share (?EPS?) for the year ended 28 February 2018 are expected to be between 20% and 30% lower (30.16 and 26.39 cents per share) than the EPS of 37.7 cents per share reported for the previous year ended 28 February 2017; and

- Net asset value and tangible net asset value per share is expected to be between 6% and 16% higher (278 and 304 cents per share) than the net asset value and tangible net asset value per share of 262 cents reported for the previous financial year ended 28 February 2017.



The final announcement of the results for the year ended 28 February 2018 will be released on SENS on 29 May 2018 with a short-form announcement being published on the same day.
30-Nov-2017
(C)
Revenue for the interim period grew to R13.1 million (R11.8 million) whilst operating income before interest and revaluations increased to R9.3 million (R6.6 million). Income attributable to ordinary shareholders lowered to R4.6 million (R6.2 million). Furthermore, headline earnings per share decreased to 4.6cps (5.0cps).



Dividend

The directors have resolved to retain cash in the group to ensure future growth, thus no dividend has been recommended.
24-Nov-2017
(Official Notice)
Shareholders are advised that:

- the Group?s headline earnings per share (?HEPS?) for the six months ended 31 August 2017 are expected to be between 5% and 10% lower (4.75 and 4.5 cents per share) than the HEPS of 5.0 cents per share reported for the previous six months ended 31 August 2016; and

- basic earnings per share (?EPS?) for the six months ended 31 August 2017 are expected to be between 20% and 30% lower (8.8 and 7.7 cents per share) than the EPS of 11.0 cents per share reported for the previous six months ended 31 August 2016.



The final announcement of the results for the six months ended 31 August 2017 will be released on SENS on 30 November 2017 with a short-form announcement being published on the same day.
20-Jul-2017
(Official Notice)
Shareholders are advised that at the Annual General Meeting of shareholders held on Thursday, 20 July 2017, all the resolutions proposed at the AGM were passed by the requisite majority. Details of the results of voting were as follows:

*Total number of shares that can be exercised at the meeting 100% , 55,914,804

*Total number of shares present/represented including proxies at the meeting 33%, 18,216,284



22-May-2017
(Official Notice)
Further to the publication of audited results earlier today, 22 May 2017, shareholders are advised that the company?s integrated report incorporating the audited financial statements for the year ended 28 February 2017 was posted on Friday, 19 May 2017 and can be requested from Hartmann Beukes at hartmann@rmsprop.co.za.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders of the company will be held at 10h00 on Thursday, 20 July 2017 in the boardroom at Unit 32, Waterford Office Park, Waterford Drive, Fourways, Sandton to transact the business as stated in the notice of annual general meeting forming part of the integrated annual report.



Record Dates

The board of directors of the company has determined that the record date for the purpose of determining which shareholders of the company are entitled to receive notice of this annual general meeting is Friday, 12 May 2017 and the record date for purposes of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting is Friday, 14 July 2017.



Accordingly, only shareholders who are registered in the register of members of the company on Friday, 14 July 2017 will be entitled to participate in and vote at the annual general meeting and thus the last day to trade in order to be reflected on the register of members is Tuesday, 11 July 2017.
19-May-2017
(C)
Revenue for the year increased to R26.2 million (2016: R23.2 million). Operating income before interest and revaluations was higher at R16.2 million (2016: R14.6 million). Total comprehensive income attributable to ordinary shareholders shot up to R21.1 million (2016: R7.9 million). In addition, headline earnings per share was recorded at 13.1 cents per share (2016: 11.9 cents per share)



Dividends per share

No dividends were declared during the current or prior years.

11-May-2017
(Official Notice)
Shareholders are advised that:

- the Group?s headline earnings per share (?HEPS?) for the year ended 28 February 2017 are expected to be between 5% and 10% higher (12.5 and 13.1 cents per share) than the HEPS of 11.9 cents per share reported for the previous financial year ended 29 February 2016; and

- basic earnings per share (?EPS?) for the year ended 28 February 2017 are expected to be between 160% and 170% higher (36.4 and 37.8 cents per share) than the EPS of 14.0 cents per share reported for the previous financial year ended 29 February 2016.



The audited annual financial statements and consolidated financial statements for the year ended 28 February 2017 will be mailed to shareholders before the end of May 2017. The abridged financial statements in respect of the year ended 28 February 2017 will be released on SENS simultaneously with the mailing of the audited annual financial statements.
23-Nov-2016
(Official Notice)
28-Oct-2016
(C)
Revenue for the interim period lower to R11.8 million (2015: R11.2 million). Operating income before interest and revaluations increased to R6.6 million (2015: R5.9 million), income attributable to ordinary shareholders rose to R6.2 million (2015: R2.6 million), while headline earnings per share was higher at 5cps (2015: 4.6cps).



Dividend

Taking into account the negative impacts of the depressed economy and related problems in the property industry, the directors have resolved to retain cash in the group to ensure future growth. As such, no dividend has been recommended.
25-Oct-2016
(Official Notice)
Shareholders are advised that:

- the Group?s headline earnings per share (?HEPS?) for the six months ended 31 August 2016 are expected to be between 5% and 10% higher (4.8 and 5.1 cents per share) than the HEPS of 4.6 cents per share reported for the previous six months ended 31 August 2015; and

- basic earnings per share (?EPS?) for the six months ended 31 August 2016 are expected to be between 235% and 240% higher (10.8 and 11.0 cents per share) than the EPS of 4.6 cents per share reported for the previous six months ended 31 August 2015.



The final announcement of the results for the six months ended 31 August 2016 will be released on SENS on 28 October 2016 with a short-form announcement being published on the same day.
19-Jul-2016
(Official Notice)
Shareholders are advised that at the Annual General Meeting (?AGM?) of shareholders held on Friday, 15 July 2016, all the resolutions tabled at the meeting were passed by the requisite majority of Adrenna shareholders.
31-May-2016
(C)
Revenue for the year decreased to R23.2 million (2015: R26.2 million). Gross profit increased to R23.2 million (2015: R21.9 million). Operating income before interest and revaluations came in at R14.6 million (2015: R10.3 million). Total comprehensive income attributable to ordinary shareholders was higher at R7.9 million (2015: R7.2 million). Furthermore, headline earnings per share improved to 11.9 cents per share (2015: 6.7 cents per share).



Dividends

Taking into account the impact of the static trading conditions in the property industry, the directors have resolved to retain cash in the group, so as to bolster and grow the annuity income operations for the benefit of shareholders.

06-May-2016
(Official Notice)
Shareholders are advised that the group?s headline earnings per share (?HEPS?) for the year ended 29 February 2016 are expected to be between 70% and 80% higher (11.39 and 12.06 cents per share) and basic earnings per share (?EPS?) are expected to be between 0% and 10% higher (12.9 and 14.19 cents per share) than the HEPS of 6.7 cents per share and the EPS of 12.9 cents per share reported for the previous financial year ended 28 February 2015.



The audited annual financial statements and consolidated annual financial statements for the year ended 29 February 2016 will be distributed to shareholders before the end of May 2016. The abridged financial statements in respect of the year ended 29 February 2016 will be released on SENS simultaneously with the distribution of the audited annual financial statements.



This trading statement and the forecast financial information contained therein has not been reviewed and reported on by the Group?s external auditors.



30-Oct-2015
(C)
Revenue for the interim period lowered to R11.2 million (2014: R14.1 million). Operating income before interest and revaluations increased to R5.9 million (2014: R4.9 million), income attributable to ordinary shareholders rose to R2.5 million (2014: R1.2 million), while headline earnings per share was higher at 4.6cps (2014: 2.23cps).



Dividend

Taking into account the negative impacts of the depressed economy and related problems in the property industry, the directors have resolved to retain cash in the group to ensure future growth. As such, no dividend has been recommended.
28-Oct-2015
(Official Notice)
Shareholders are advised that the Group?s earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the six months ended 31 August 2015 are expected to be 4.5 cents per share to 4.7 cents per share (100% to 110%) as compared to EPS and HEPS of 2.23 cents per share for the previous corresponding period.



The final announcement of the results for the six months ended 31 August 2015 will be released on SENS 30 October 2015.
19-Jun-2015
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 17 June 2015, all the resolutions tabled at the meeting were passed by the requisite majority of Adrenna shareholders. Ordinary resolution 7 was amended giving the Directors, in consultation with the Audit Committee, the authority to appoint the Auditors to the Company. This amendment was made in order to afford the Financial Director the opportunity to finalise the evaluation of candidates for this position.
11-Jun-2015
(Official Notice)
Shareholders are advised of a typographical error in the announcement of the Audited Results for the year ended 28 February 2015 released on SENS on 21 May 2015, which error referred to the date of the Annual General Meeting of the Company as being 27 June 2015.



Shareholders are advised that the Annual General Meeting will in fact take place at 11h00 on Wednesday, 17 June 2015 in the boardroom at 2969 William Nicol Drive (Wedgewood Link), Bryanston, Sandton, as per the notice of Annual General Meeting included in the Integrated Report which was posted to shareholders on 20 May 2015.
21-May-2015
(C)
Revenue increased to R26.2 million (R25.2 million). Gross profit decreased to R21.9 million (R22.3 million), while operating income before interest and revaluations declined to R10.3 million (R12.3 million). Net attributable profit decreased to R7.2 million (R12.2 million). In addition, headline earnings per share came in at 6.7cps (7.8cps).



Annual general meeting

The audited annual financial statements for the year ended 28 February 2015 together with a notice of the annual general meeting to be held on 27 June 2015, was mailed to shareholders on 20 May 2015.
12-May-2015
(Official Notice)
In terms of paragraph 3.4(b) of the Johannesburg Stock Exchange?s Listings Requirements, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next will differ by at least 20% from those of the previous corresponding period.



Shareholders are advised that the Group?s headline earnings per share (?HEPS?) for the year ended 28 February 2015 are expected to be between 10% and 20% lower (7.02 and 6.24 cents per share) and basic earnings per share (?EPS?) are expected to be between 40% and 50% lower (13.14 and 10.95 cents per share) than the HEPS of 7.8 cents per share and the EPS of 21.9 cents per share reported for the previous financial year ended 28 February 2014.



The audited annual financial statements and consolidated annual financial statements for the year ended 28 February 2015 will be mailed to shareholders before the end of May 2015. The abridged financial statements in respect of the year ended 28 February 2015 will be released on SENS simultaneously with the mailing of the audited annual financial statements.



This trading statement and the forecast financial information contained therein has not been reviewed and reported on by the Group?s external auditors.
31-Oct-2014
(C)
Revenue shot up to R17.3 million (2013: R14.1 million). Gross profit rose to R14.5 million (2013: R12.6 million), but income attributable to ordinary shareholders weakened to R1.2 million (2013: R1.6 million). Furthermore, headline earnings per share lowered to 2.23cps (2013: 2.9cps).



Dividend

Taking into account the negative impacts of the depressed economy and related problems in the property industry, the directors have resolved to retain cash in the group to ensure future growth. As such, no dividend has been recommended.
27-Oct-2014
(Official Notice)
In terms of paragraph 3.4(b) of the JSE Ltd.'s Listing Requirements, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ, by at least 20%, from those of the previous corresponding period.



Shareholders are advised that the Group's headline earnings per share ("HEPS") and basic earnings per share ("EPS") for the six months ended 31 August 2014 are expected to be between 2.18 and 2.32 cents per share, being between 20% and 25% lower than the HEPS and EPS of 2.9 cents per share reported for the previous six month period ended 31 August 2013.



The final announcement of the results for the half year ended 31 August 2014 will be released on SENS on 31 October 2014.



This forecast financial information on which this trading statement is based has not been reviewed and reported on by the Group?s external auditors.

30-Jun-2014
(Official Notice)
The directors of Adrenna are pleased to advise that at the Annual General Meeting of the Company held on Friday, 27 June 2014 all the ordinary and special resolutions as presented in the notice of Annual General Meeting were passed unanimously.



09-Jun-2014
(Official Notice)
Shareholders are advised that the company's integrated annual report incorporating the annual financial statements for the year ended 28 February 2014 were posted to shareholders on Friday, 23 May 2014. The audited financial statements contain no modifications to the audited results released on SENS on 23 May 2014.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 11:00 on Friday, 27 June 2014, at 2969 William Nicol Drive (Wedgewood Link), Bryanston, Sandton to transact the business as stated in the notice of annual general meeting forming part of the integrated annual report.



Record Date

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 meeting is Friday, 20 June 2014. The last day to trade in order to be eligible to vote at the annual general meeting will be Thursday, 12 June 2014.
23-May-2014
(C)
Revenue increased to R30.7 million (R29.8 million). Gross profit rose to R27.8 million (R28.3 million), but operating income before interest and revaluations declined to R12.3 million (R12.6 million). Net attributable profit increased to R12.2 million (R10.5 million). In addition, headline earnings per share grew to 7.8cps (5.9cps).



Annual general meeting

The audited annual financial statements for the year ended 28 February 2014 together with a notice of the annual general meeting to be held on 27 June 2014, will be mailed to shareholders on 23 May 2014. Copies of the annual financial statements are available from bernard@rmsprop.co.za.



Outlook

Adrenna continues to make every effort to reduce borrowing costs, and succeeded in lowering such costs from R8 million in 2013 to R7 million in 2014, a reduction of 12.5%. This was achieved through the disposal of two residential units held as inventory (proceeds of which were allocated to the bond with Investec Bank Ltd.), the gradual diminishment of the overdraft facility with First National Bank and consistent monthly capital repayments made to both ABSA Bank Ltd. and Investec Bank Ltd.
16-May-2014
(Official Notice)
Shareholders are advised that the Group results for the year ended 28 February 2014 ("the reporting period") have shown an increase when compared to the previous corresponding period in that, headline earnings per share are expected to be between 25% and 35% higher and earnings per share are expected to be between 10% and 20% higher than those achieved in the previous corresponding period.



The audited annual financial statements and consolidated annual financial statements for the year ended 28 February 2014 will be mailed to shareholders before the end of May 2014. The abridged financial statements in respect of the year ended 28 February 2014 will be released on SENS simultaneously with the mailing of the audited annual financial statements.
13-Nov-2013
(C)
Revenue decreased to R14.1 million (R14.3 million) and gross profit was lower at R12.6 million (R14.3 million). Operating income before interest and revaluations fell to R5.4 million (R6.3 million). However, income attributable to ordinary shareholders rose to R1.6 million (R1.5 million). In addition, headline earnings per share were higher at 2.9cps (2.6cps).



Dividend

Taking into account the negative impacts of the depressed economy and related problems in the property industry, the directors have resolved to retain cash in the group to ensure future growth. As such, no dividend has been recommended.
03-Sep-2013
(Official Notice)
The directors of Adrenna announced the appointment of Mr Robert Sephton Watson as an independent non-executive director of the company with immediate effect. Mr Watson will also be appointed to the company's Audit Committee. As the company does not have an independent chairman, Mr Miller Moela will act as the lead independent director of the company when required.
26-Jul-2013
(Official Notice)
The directors advise that at the annual general meeting of the Company held on Thursday, 25 July 2013, wherein shareholders unanimously approved, with the exception of ordinary resolution number 5 which resolution was withdrawn, all the ordinary and special resolutions as presented in the notice of annual general meeting. The memorandum of incorporation approved at the annual general meeting, will be submitted to the Companies and Intellectual Property Commission for filing.



31-May-2013
(C)
Revenue for the year increased to R29.8 million (R26.3 million) and gross profit grew to R28.3 million (R26.3 million). Operating profit before interest and revaluations was greater at R12.6 million (R9.2 million). Income attributable to ordinary shareholders turned around to R10.5 million (loss of R53.2 million). In addition, headline earnings per share from continuing operations rose to 5.9cps (2.7cps).



Dividend

Taking into account the impacts of the depressed economy and related problems in the property industry the directors have resolved to retain cash in the group to ensure future growth. As such no dividend has been recommended.
27-May-2013
(Official Notice)
Shareholders were advised that the group's headline earnings per share for the year ended 28 February 2013 are expected to be between 115% and 120% better than the headline earnings for the previous financial year.



Basic earnings per share are expected to be between 180% and 185% higher than the basic earnings per share for the previous financial year.



The final announcement of the results for the year ended 28 February 2013 will be released on SENS on 31 May 2013.
25-Mar-2013
(Official Notice)
The board of directors of Adrenna hereby notifies its shareholders that Mr Bernard Kaiser, the Group's Financial Director, has resigned with effect from 25 March 2013. Bernard will, however, continue to serve as company secretary to the company. The board announce the appointment of Mr Hartmann Beukes as Financial Director with effect from 25 March 2013.
05-Oct-2012
(C)
04-Oct-2012
(Official Notice)
Accordingly, shareholders are advised that the group results for the six months ended 31 August 2012 (the reporting period) have shown an increase when compared to the previous corresponding period. Consequently, headline earnings and earnings per share are expected to be between 310% and 320% higher than those achieved in the previous corresponding period. The unaudited consolidated interim results for the six months ended 31 August 2012 are expected to be published on or about 5 October 2012.

31-May-2012
(C)
Revenue for the year ended 29 February 2012 fell to R26.3 million (2011: R67 million). Loss attributable to shareholders of the company came in at R53.2 million (2011: R307 000), while headline earnings from continued operations turned around to 2.7cps (2011: loss of 6.19cps).



Dividend

No dividend was declared.
28-May-2012
(Official Notice)
Shareholders are advised that the group's headline earnings per share (exclusive of the entities disposed of) for the year ended 29th February 2012 are expected to be 140% to 145% better than the headline loss per share for the previous year. Earnings per share (excluding the entities disposed of) are expected to be 1120% to 1125% higher than the earnings per share for the previous year. This is primarily due to the disposal of the non-core loss making entities. The final announcement of the results for the year ended 29th February 2012 will be released on the 31st May 2012.
09-Mar-2012
(Permanent)
Colliers South Africa Holdings Ltd. renamed to Adrenna Property Group Ltd. on 12 March 2012.
29-Feb-2012
(Official Notice)
Shareholders are referred to the results of general meeting announcement released on SENS on 8 February 2012 and the revision of salient dates announcement released on SENS on 24 February 2012 and are advised that the special resolution relating to the conversion of the company's share capital to shares of no par value has now been registered by CIPC.



Salient dates and times

The revised salient dates in respect of the change of name and the conversion of the share capital to shares of no par value are set out below:

* Last day to trade in Colliers shares in respect of the change of name of the company and conversion of shares into shares of no par value : Friday, 9 March

* Listing of and trading in new shares on the JSE under JSE code ANA and ISIN ZAE000163580 from commencement of business on or about Monday, 12 March

* Record date : Friday, 16 March.
24-Feb-2012
(Official Notice)
Shareholders are referred to the results of general meeting announcement released on SENS on 8 February 2012 and are advised that the special resolution relating to the change of name of the company to Adrenna Property Group Ltd. has been registered by CIPC, but that the company is still awaiting confirmation of the registration of the special resolution relating to the conversion of the company's share capital to shares of no par value. The salient dates and times as set out in the circular to shareholders dated 6 January 2012 and released on SENS on 9 January 2012 will accordingly be amended and the revised salient dates will be released on SENS and published in the press as soon as confirmation of registration of the said resolution has been received.
08-Feb-2012
(Official Notice)
Shareholders are advised that at the general meeting of Colliers held on Wednesday, 08 February 2012 at 2969 William Nicol Drive Bryanston, Johannesburg, all resolutions relating to the change of name of the company and the conversion of the company's share capital to shares of no par value, were passed by the requisite majority.



The special resolutions will now be lodged with CIPC for registration. The finalisation announcement in respect of the change of name of the company to Adrenna Property Group Ltd and the conversion of the share capital to shares of no par value will be announced on SENS following the registration of the respective resolutions.
30-Jan-2012
(Official Notice)
17-Nov-2011
(Official Notice)
Further to the cautionary announcement dated 25 August 2011 and 06 October 2011 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
04-Nov-2011
(C)
Revenue decreased to R28.5 million (August 2010: R35.3 million). Loss attributable to ordinary shareholders was recorded at R1.5million (August 2010: loss of R2.3 million). In addition, headline loss per share was at 1.17cps (August 2010: loss of 4.1cps).



Dividend

Taking into account the negative impacts of the depressed economy and related problems in the property industry the directors have resolved to retain cash in the group to ensure future growth. As such no dividend has been recommended.



Outlook

Post 31 August 2011, negotiations for the sale of an additional unit in the Salt Rock development were concluded with the intention of using a portion of the proceeds to reduce borrowings and the remainder to be retained as a reserve for future use. At the date of authorisation of these condensed interim results, the sales proceeds had not been received nor had a final decision regarding utilisation thereof been made. The sale will result in a decrease in inventory of R2,5 million and will yield neither an accounting profit nor accounting loss. No reliable estimate can be made of the effect on borrowings as a final decision regarding the use of the proceeds has not yet been reached. In addition to the event mentioned above, as advised in the annual report for the year ended 28 February 2011, the directors are evaluating a restructure of the group so as to result in the group being focussed on the ownership of income-producing properties.
06-Oct-2011
(Official Notice)
Further to the cautionary announcement dated 25 August 2011 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
13-Sep-2011
(Official Notice)
The board of directors of Colliers announced the appointment of Mr Wayne P Alcock to the board as chairman with immediate effect. Wayne is currently a non-executive director of Colliers.
30-Aug-2011
(Official Notice)
Shareholders were advised that there has been a change with regard to the audited results for the year ended 28 February 2011. The change relates to income incorrectly included in deferred taxation reclassified as profit on sale of rights. The modification increased headline loss per share by 3.69 cents per share.



Notice of annual general meeting

Notice was given that the annual general meeting of ordinary shareholders will be held at the registered offices of the company,2969 William Nicol Drive, Bryanston (Wedgewood Link ) on Thursday, 22 September 2011 at 10:00 to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.
25-Aug-2011
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded, may have an 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 full announcement is made.
10-Jun-2011
(Official Notice)
Revenue rose to R67 million (R66.4 million). Operating income staged a turnaround to R4.3 million (loss of R8 million) and net attributable profit came in at R307 000, compared to a loss of R16.8 million previously. In addition, headline earnings per share from continuing operations narrowed to 2.5cps (loss of 10cps).



Prospects

The group remains stable and well positioned to grow when the expected recovery in the property market gains momentum.
09-Jun-2011
(Official Notice)
Shareholders are advised that the group's headline earnings per share based on continuing operations for the year ended 28 February 2011 are expected to be 70% to 75% better than the headline loss per share achieved on continuing operations for the previous year.



Earnings per share based on continuing operations are expected to be 100% to 105% higher than the earnings per share for the previous year. This is primarily due to fair value adjustments on investment property held, sales of inventory and reduced finance costs. The final announcement of the results for the year ended 28 February 2011 is expected to be released on or about 15 June 2011.
20-Apr-2011
(Official Notice)
Shareholders are referred to the cautionary announcements dated 18 May 2010, 3 June 2010, 3 August 2010, 27 October 2010, 7 December 2010, 20 January 2011 and 9 March 2011, and are advised that as the negotiations have not been successful, caution is no longer required to be exercised by shareholders when dealing in their securities.
09-Mar-2011
(Official Notice)
Further to the cautionary announcements dated 18 May 2010, 23 June 2010, 03 August 2010, 27 October 2010, 07 December 2010 and 20 January 2011 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
20 Jan 2011 08:44:31
(Official Notice)
Further to the cautionary announcements dated 18 May 2010, 23 June 2010, 03 August 2010, 27 October 2010 and 07 December 2010 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
07 Dec 2010 14:00:40
(Official Notice)
Further to the cautionary announcements dated 18 May 2010, 3 June 2010, 03 August 2010 and 27 October 2010 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
29 Nov 2010 15:38:34
(C)
Revenue for the interim period plummeted to R35.3 million (2009: R187.7 million). Income before interest and adjustments more than halved to R2.2 million (2009: R9 million), while loss attributable to shareholders of the company increased to R2.3 million (2009: profit of R8.8 million). Furthermore, headline loss per share from continued operations rose to 4.1cps (2009: profit of 15.8cps).



Dividend

Taking into account the negative impacts of the depressed economy and related problems in the property industry the directors have resolved to retain cash in the group to ensure future growth. As such no dividend has been recommended.



Prospects

Post 31 August 2010 there has been a positive turnaround in the business of the group and there is every indication that the operating entities should make positive contributions. In addition two units in the Salt Rock development have been sold with the total proceeds being utilised to reduce borrowings as is the case with the sale of a further unit in Houtbay. This will reduce the interest payable by the owners of these properties. There have been further additions to the industrial park in Cape Town which has had the effect of increasing the value of investment properties as well as the income on this property. As previously advised the directors are looking at means of increasing the property portfolio within the group as well as a further restructuring of the group which will have a positive impact on the future of the group.
26 Nov 2010 13:41:42
(Official Notice)
In terms of the Listings Requirements of the JSE Limited ("JSE"), companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will be different from the previous corresponding period. Accordingly, shareholders are advised that the group results for the six months ended 31 August 2010 ("the reporting period") have shown a decline when compared to the previous corresponding period. Consequently, headline earnings and earnings per share are expected to be between 120% and 130% lower than those achieved in the previous corresponding period. The unaudited interim results for the six months ended 31 August 2010 are expected to be published at the end of November 2010.
26 Oct 2010 14:19:42
(Official Notice)
Further to the cautionary announcements dated 18 May 2010, 23 June 2010, 03 August 2010, 14 August 2010 and 27 September 2010 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
30 Sep 2010 13:09:32
(Official Notice)
Shareholders are advised that, at the annual general meeting of Colliers held on Wednesday, 29 September 2010 at 36 Fricker Road, Illovo, Sandton, Johannesburg, all the resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders.
14 Sep 2010 12:10:58
(Official Notice)
Further to the cautionary announcements dated 18 May 2010, 23 June 2010 and 03 August 2010 shareholders were advised that negotiations were still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders were advised to continue exercising caution when dealing in the company's securities until a full announcement was made.
01 Sep 2010 15:50:03
(Official Notice)
With regard to the audited results for the year ended 29 February 2010, shareholders are advised that the annual financial statements have been posted to shareholders and contain no material modifications to the reviewed provisional results which were published on SENS on 15 June 2010.



Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 36 Fricker Road, Illovo on Wednesday, 29 September 2010 at 10:00 to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.

03 Aug 2010 10:01:26
(Official Notice)
Further to the cautionary announcements dated 18 May 2010 and 23 June 2010 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
23 Jun 2010 15:30:47
(Official Notice)
Further to the cautionary announcement dated 11 May 2010 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
15 Jun 2010 13:39:22
(C)
Revenue decreased from R386 372 million to R66 415 million in 2010. Net loss before taxation was recorded at R19 634 million (2009:Net income before tax R26 890 million). Loss attributable to ordinary shareholders was at R16 844 million (2009:Profit attributable to ordinary shareholders R16 320 million). The headline loss per share from continued operations was 10cps (2009: Headline loss was 17.7cps).



Dividend

No final dividend was declared for the period under review.



Outlook

During the year under review the directors took the strategic decision that the interests of shareholders would be best served by the group being focused on property investments and property related services. With this in mind the board agreed to the disposal of the group?s Human Resource and Payroll business to the management thereof. Full details were set out in a circular to shareholders dated 24 November 2009. The disposal was approved by shareholders in general meeting on 9 December 2009. As the disposal was effective from 1 September 2009 the financial information contained in the group statement of comprehensive income includes the results of the operations disposed of for the six months to 31 August 2009. The group statement of financial position excludes any assets or liabilities relating to the operations disposed of.



The continuing operations, property investments and property related services, recorded a loss for the year of R16,8 million. This is after the impairment of loans and inventory by an amount in excess of R18,5 million, the writing off of bad debts of R2 million. Despite the above mentioned loss the group remains stable and well positioned to grow when the already evident recovery in the property market gains momentum. The Directors are currently evaluating increasing the annuity income of the group through the acquisition of income producing properties in order to stabilise the property business. On the operation side Auctions, Broking and Property and Facilities Management all yielded positive returns while the Residential operations operated at a loss but is currently showing good signs of recovery. In general there are numerous opportunities which have arisen which, if successful, will have a positive impact on the property services side of the business.
14 Jun 2010 15:40:42
(Official Notice)
Shareholders are advised that the groups headline loss per share for the year ended 28th February 2010 are expected to be 60% to 65% better than the headline loss per share for the previous year. Earnings per share are expected to be 200% to 205% lower than the earnings per share for the previous year. This is primarily due to impairment of loans, the writing off or provision against loans and the downward revaluation of inventory. The final announcement of the results for the year ended 28th February 2010 is expected to be released on or about the 15th June 2010.
11 May 2010 11:30:51
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded may have an 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 full announcement is made.
14 Dec 2009 15:19:06
(C)
Revenue decreased to R160.7 million (R187.7 million). Income attributable to ordinary shareholders declined to R1.8 million (R8.8 million). In addition, headline profit per share fell to 3.2cps (15.8cps).



Outlook

In the current trying times it is difficult to be optimistic regarding the short-term prospects of the group. However, the directors are confident that, with careful management of expenses and operations, the group will be poised to take advantage of a return to better trading conditions.
11 Dec 2009 15:11:41
(Official Notice)
Accordingly, shareholders are advised that the group results for the six months ended 31 August ("the reporting period") have shown a decline when compared to the previous corresponding period. Consequently, headline earnings are expected to be between 75% and 85% and earnings per share are expected to be between 75% and 85% lower than those achieved in the previous corresponding period. The company's unaudited results for the six months ended 31 August 2009 are expected to be released on 15 December 2009.
09 Dec 2009 13:50:25
(Official Notice)
Shareholders are advised that, at the general meeting of Colliers held on Wednesday, 09 December 2009 at 36 Fricker Road, Illovo, Sandton, Johannesburg, all resolutions relating to the disposal by the company of its Human Resources and Payroll business were passed unanimously.
05 Nov 2009 15:42:46
(Official Notice)
Mr Shaun F Cairns has resigned as a director of the company with effect from 5 November 2009.
23 Sep 2009 12:06:43
(Official Notice)
Shareholders are advised that, at the annual general meeting of Colliers held on Wednesday, 23 September 2009 at 36 Fricker Road, Illovo, Sandton, Johannesburg, all the resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders
23 Sep 2009 12:05:38
(Official Notice)
During the course of the audit, our auditors advised of certain reportable irregularities. These related to the late or non- payment of VAT and STC which was caused by clerical errors due to a change in staff in the accounting division. Your directors have taken the necessary steps and have rectified the errors.
14 Sep 2009 12:02:44
(Official Notice)
01 Sep 2009 11:39:31
(Official Notice)
With regard to the audited results for the year ended 28 February 2009, shareholders are advised that the annual financial statements have been posted to shareholders and, other than the reclassification of an amount of R782 000 from accounts receivable to loans and investments so as to better present the nature of the asset, contain no material modifications to the audited provisional results which were published on SENS on 29 June 2009.



Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 36 Fricker Road, Illovo on Wednesday 23 September 2009 at 10:00 to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.
21 Aug 2009 11:29:19
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded may have an effect on the price of the company's securities. Shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
29 Jun 2009 17:02:57
(C)
Revenue increased from R325 348 million to R386 372 million in 2009. Net income before taxation decreased to R26 927 million (2008:R48 173 million). Profit attributable to ordinary shareholders decreased to R16 747 million (R41 084 million). Headline earnings on a per share basis decreased to -12.90cps (6.0cps).



Dividends per share

No final dividends were declared for the period under review.





26 Jun 2009 15:54:33
(Official Notice)
Shareholders are advised that the group results for the year ended 28 February 2009 have shown a decline when compared to the previous corresponding period. Consequently, headline earnings are expected to be between 310% and 320% and earnings per share are expected to be between 50% and 60% lower than those achieved in the previous corresponding period. The company's reviewed results for the year ended 28 February 2009 are expected to be published at the end of June 2009.
17 Jun 2009 10:36:34
(Official Notice)
The JSE Ltd ("JSE") advised that the Colliers has failed to submit provisional reports within the three-month period stipulated in the JSE's Listings Requirements. Accordingly, the company's listing on the JSE TRADELECT system have been annotated with an "RE" to indicate that the company has failed to submit its provisional reports timeously and that the listings of the companies securities are under threat of suspension and possible termination. Should the companies still fail to submit its provisional reports by Tuesday, 30 June 2009, its listing will be suspended.
27 Nov 2008 16:23:24
(C)
Despite high interest rates and the global financial crisis, there has been little impact on the operating income of the business divisions. The values of investment properties have remained constant due to the conservative approach adopted by the directors in February 2008. The Property and Facilities Management division has shown exceptional growth in profits from last year. The Development division continues to give acceptable returns and the Broking division, after years of poor results, is operating profitably. The new Auctioneering division is showing losses for the first six months as was anticipated, but will be in a profitable position within the first full year of operation. The Residential division, having recorded losses as expected for the first six months due to the current depressed residential market, is now holding its own, and should become profitable in the next financial year. A new International Property Asset Management division has been established and will be fully operational before this financial year end. The division, having minimal start-up costs, is expected to contribute annuity income to the group in the years going forward. The property services division incurred certain non-recurring expenses in excess of R3.5 million relating to legal expenses in respect of finalising the dispute with the former broking team and fees in respect of advisory services regarding the group's operations and future growth. Colliers reported earnings of 15.8cps.



Dividend

No dividend has been declared in respect of the six months ended 31 August 2008.



Prospects

The group will at least match the headline earnings achieved in the first six months in the second financial period, and the directors are confident of carrying this momentum forward into the next financial year.
01 Sep 2008 14:59:42
(Official Notice)
With regard to the audited results for the year ended 29 February 2008, shareholders are advised that the annual financial statements have been posted to shareholders and contain no material modifications to the audited provisional results which were published on SENS on 12 June 2008.



Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 36 Fricker Road, Illovo, Johannesburg, on Tuesday 23 September 2008 at 10:00 to transact the business as stated in the annual general meeting notice, forming part of the annual financial statements.
29 Aug 2008 09:47:43
(Official Notice)
Shareholders were advised in July 2007 that almost the entire Gauteng broking team had, in breach of their contractual obligations, left to open a new business styled Minenza Broking and that the directors of Colliers were seeking the necessary legal advice. The directors are pleased to advise that this matter has now been settled with the brokers waiving all claims on commissions due to them of approximately R1.6 million. In addition the brokers will make a cash payment of R1.6 million (R500 000 by 28 February 2009 and the balance by no later than 30 April 2009) and will pay to Colliers 50% of the gross commission earned over the next 36 months in respect of a substantial corporate client which was taken away from Colliers by the brokers.
12 Jun 2008 11:57:15
(C)
Revenue increased by 23% to R325.3m (2007: 263.8m) and profit increased to R41.0m (2007: 34.0m). The Quyn outsource division achieved a growth in earnings before taxation of 56% which is most gratifying. The Colliers Property division increased its earnings before taxation by R15 million. Included in property revaluations is a profit of R15.5 million in respect of a property which was disposed of during the period reported on. Due to inordinate delays in the transfer of this property the profit has not been included in the headline earnings. If it were to have been included headline earnings would increase by 23,7 cents. The group has experienced an increase of approximately R42 million in borrowings which is the result of ongoing investment in property (both investment properties and inventory properties) which increased in value by R84 million. Borrowings are secured by the individual properties and the asset cover is more than adequate to provide for an ongoing growth in these assets.



Dividends

No dividend has been declared for the period under review.



Prospects

It is believed that the economy will stabilise towards the end of the current financial year but growth in the markets served by the property division will be much slower.
09 Jun 2008 17:41:19
(Official Notice)
Accordingly, shareholders are advised that the results for the year ended 29 February 2008 have shown an increase when compared to the previous corresponding period. Consequently, headline earnings (excluding delayed profits on the sale of fixed property) are expected to be between 70% and 90% lower (taking into account the delayed profits headline earnings would be between 20% and 40% lower) while earnings per share are expected to be between 20% and 30% higher than those achieved in the previous corresponding period. Net asset value is expected to be between 40% and 60% higher than that reported for the previous financial year end. The company's reviewed results for the year ended 29 February 2008 are expected to be published by no later than 13 June 2008.
18 Jul 2006 17:12:38
(Official Notice)
A general authority for Quyn to repurchase its ordinary shares was granted at the annual general meeting held on 26 October 2005. A maximum of 14 001 490 ordinary shares (20%) can be repurchased in terms of the general authority. Quyn has in terms of the general authority acquired in the open market 3 514 000 ordinary shares (5.02% of its issued share capital) for a purchase consideration of R1 728 000 (49cps). The purchase was effected on 17 July 2006. In terms of the general authority Quyn is entitled to repurchase a further 10 487 490 (14.98% of its issued share capital). It is the intention of Quyn to acquire further shares in the open market at prices offered up to a maximum of 50cps. Any shares repurchased in the future together with those acquired as set out in this announcement as well as the 6 922 314 shares held by a subsidiary of Quyn will be cancelled and the listing thereon on the JSE terminated. It is the intention of Quyn to re-issue such shares at a later stage to empowerment partners. The repurchase has been funded from existing cash resources as will any future repurchases.
13 Jun 2006 15:31:18
(C)
The group reported a revenue rise of R217.8 million (R204.2 million). After fair value adjustments of R12.8 million (R13.6 million) and interest paid of R7.6 million (R5.4 million) profit to shareholders increased to R17.7 million (R8.3 million). For the period the group reported a headline profit of 11.9cps improving on the previous period's headline loss of 2.3cps. Earnings per share showed growth, increasing to 29.2cps (13.6cps).



Dividend

No dividend was declared for the period.
12 Jun 2006 13:15:03
(Official Notice)
The group results for the year ended 28 February 2006 have shown an improvement when compared to the previous corresponding period. Headline earnings, which were negative in the previous period, are expected to be between 600% and 620% and earnings per share are expected to be between 200% and 220% higher than those achieved in the previous corresponding period. The company's results for the year ended 28 February 2006 are expected to be published on 14 June 2006.
01 Dec 2005 12:35:32
(C)
Revenue amounted to R35.87 million and operating income amounted to R4.14million. Income for the period amounted to R1.37 million. Headline profit per share was 2.1c. No dividend has been declared in respect of the period.



Colliers Property Services continued to perform satisfactorily with property management increasing its contribution. Broking is still suffering from a shortage of stock whilst developments is experiencing delays in obtaining the approvals necessary to proceed with its numerous opportunities. Both the payroll and labour broking divisions contributed positive earnings while the financial services product line has been withdrawn from the market.
05 Sep 2005 18:01:46
(Official Notice)
The JSE advised that Quyn had failed to submit its annual report within the six-month period stipulated in the JSE`s Listing Requirements. Accordingly, the company`s listing on the JSE SETS system has been annotated with an `RE` to indicate that the it has failed to submit its annual report timeously and that the listing of its securities is under threat of suspension and possible termination. Should the company still fail to submit its annual report by Friday, 30 September 2005, its listings will be

suspended.
28-Nov-2014
(X)
The group invests in fixed property.


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