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06-Jul-2018
(Official Notice)
Astoria will be releasing its financial results for the quarter and six months ended 30 June 2018 on or about 23 July 2018 and the board of directors of Astoria wishes to provide the market with an update of the estimated net asset value per Astoria share (?NAV?).



The estimated unaudited NAV per Astoria share as at 30 June 2018 is USD1.14 (30 June 2017: USD1.12). This estimate is subject to confirmation in the financial results announcement for the quarter and six months ended 30 June 2018 expected to be published on or about 23 July 2018.



The estimated NAV has not been reviewed or audited by the company?s auditors.
14-Jun-2018
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders of the company held on Thursday, 14 June 2018 (in terms of the notice of annual general meeting dispatched to shareholders on 26 April 2018), all of the resolutions tabled at the meeting, with the exception of ordinary resolution 7 and special resolution 11, were passed by the requisite majority of Astoria shareholders, while ordinary resolutions 8 and 9 were voted against by more than 25% of the voting rights exercised in respect of those resolutions.



Shareholders are advised that due to the non-binding advisory votes on the remuneration policy and the remuneration implementation report being voted against by more than 25% of the voting rights exercised in respect of these resolutions, Astoria extends an invitation to dissenting shareholders to engage with the company in order to address their concerns. Shareholders are requested to address their concerns to the Chairman of the Remuneration Committee, by submitting an e-mail to Astoria?s company secretary at kate@ocs.world by 30 June 2018. The Chairman of the Remuneration Committee will in turn contact dissenting shareholders to engage further with them on their concerns.
07-Jun-2018
(Official Notice)
18-May-2018
(Official Notice)
Shareholders are referred to the announcement published by RAC on SENS on 17 May 2018 advising that RAC has been delayed in the posting of the offer document to Astoria shareholders. RAC has not indicated when it will post its offer document and, pending further updates, Astoria shareholders are advised to continue to exercise caution when dealing in the shares of Astoria.



Astoria has primary listings on the Stock Exchange of Mauritius and the Alternative Exchange of the JSE, and a secondary listing on the main board of the Namibian Stock Exchange.
07-May-2018
(Official Notice)
30-Apr-2018
(C)
Operating loss for the period was recorded at USD2.2 million (2017: profit of USD7.4 million). Loss for the period after tax came to USD2.1 million (2017: profit of USD7.5 million). In addition headline loss per share was USD1.66 cents per share (2017: earnings of USD5.89 cents per share).



Dividend

No dividend has been declared for the period under review.



Company prospects

The biggest driver for the Group's performance will be the direction of global developed equity markets. The Board believes that the Group is well positioned to take advantage of this. The Group anticipates further cash calls from the cash portion ring-fenced in terms of our commitment to four global private equity firms.



Strategic review, RAC and cautionary announcement

The board is cognisant of the continued discount in the share price to NAV. As a result, the board is undertaking a strategic review with a view to taking further steps to mitigate the discount. In addition, the board notes the announcement by RECM and Calibre Ltd. ("RAC") published on 25 April 2018 advising its shareholders that RAC has increased its shareholding in Astoria to 28.72% of shares in issue and is currently assessing its options in relation to unlocking value from its investment in Astoria. In these circumstances, the Board advises Astoria shareholders to exercise caution in their dealings in the Company's securities.

26-Apr-2018
(Official Notice)
Shareholders are advised that the Company?s annual report, incorporating the audited financial statements for the year ended 31 December 2017 (on which the Company?s auditors expressed an unmodified audit opinion) and a notice of annual general meeting of shareholders, was posted on, Thursday, 26 April 2018, and contains no changes to the summarised audited consolidated and separate results for the year ended 31 December 2017, which was released on SENS and the SEM on 15 March 2018. A copy of the Company?s annual report is available on the Company?s website: www.astoria.mu.



Notice of annual general meeting

Shareholders are further advised that the Company?s annual general meeting will be held at 5th Floor, La Croisette, Grand Baie, Mauritius at 14:00 Mauritian time, 12:00 South African time on Thursday, 14 June 2018. The record date to be recorded in the shareholder register in order to be entitled to vote at the annual general meeting is Friday, 8 June 2018.



The above dates and times are subject to change. Any changes will be released on SENS and by SEM Communiqu?.



Astoria has primary listings on the SEM and the AltX of the JSE, and a secondary listing on the NSX.
06-Apr-2018
(Official Notice)
Astoria will be releasing its financial results for the quarter ended 31 March 2018 on or about 23 April 2018 and the board of directors of Astoria wishes to provide the market with an update of the estimated net asset value per Astoria share (?NAV?).



The estimated unaudited NAV per Astoria share as at 31 March 2018 is USD1.20. This is subject to confirmation in the financial results announcement for the quarter ended 31 March 2018 expected to be published on or about 23 April 2018.

15-Mar-2018
(C)
Total revenue for the year shot up to USD28.3 million (2016: USD5.1 million). Operating profit grew to USD26.0 million (2016: USD3.3 million). Total comprehensive income rose to USD26 million (2016: USD3.9 million). In addition, headline earnings per share soared to USD20.64 cents per share (2016: USD2.7 cents per share).



Company's prospects

The Company's performance will be influenced by the direction taken by global developed equity markets. We believe that the Group's holdings of many structural growth assets with exceptional franchises, positions the Group well. We anticipate further cash calls in terms of our commitment to four global private equity limited partnerships.



As previously announced, there will likely be tactical shifts from time to time in Astoria's asset allocation and this is opportunity set dependent. It should be clarified that any new private equity investments envisaged would likely be direct investments rather than through further limited partnership structures. Any strategic asset allocation shifts, if and when made, will in no way derogate from the primary objective of Astoria as stated at the outset.



23-Feb-2018
(Official Notice)
Shareholders are advised that at the general meeting of shareholders held on Friday, 23 February 2018 (in terms of the notice of general meeting dispatched to shareholders on 25 January 2018), all of the resolutions tabled at the meeting were passed by the requisite majority of Astoria shareholders.
25-Jan-2018
(Official Notice)
Shareholders are advised that Astoria has issued a circular dated 25 January 2018 (the ?circular?) in respect of an amended asset management agreement with Anchor Capital (Mauritius) Ltd. (?Anchor Capital (Mauritius)?), which agreement will terminate the current investment management agreement with Anchor Capital (Mauritius), whilst simultaneously appointing Anchor Capital (Mauritius) to manage the investment and re-investment of Astoria?s assets on the terms of the amended investment management agreement (the ?amended investment management agreement?).



Copies of the circular are available on the company?s website www.astoria.mu and may also be obtained from the registered office of Astoria, at 5th Floor, La Croisette, Grand Baie, Mauritius and the registered office of Link Market Services South Africa (Pty) Ltd., 13th Floor, 19 Ameshoff Street, Braamfontein, 2001, Johannesburg, South Africa from 25 January 2018 to 23 February 2018.



Included in the circular is a notice of general meeting of Astoria shareholders, which general meeting will be held at 10:00 South Africa time / 12:00 Mauritius time on Friday, 23 February 2018 at the registered office of Astoria at 5th Floor, La Croisette, Grand Baie, Mauritius for the purpose of considering and, if deemed fit, passing with or without modification, the resolutions required to approve the amended investment management agreement.
22-Jan-2018
(Official Notice)
Astoria will be releasing its financial results for the year ended 31 December 2017 on or about 9 March 2018. The directors of Astoria wish to provide the market with an update of the investments, net asset value and the share buyback.



At 31 December 2017, the unaudited net asset value (?NAV?) per Astoria share was USD1.19 (2016: USD1.00). This represents growth in NAV of 19% since 31 December 2016.



Astoria?s listed equities generally performed satisfactorily during the fourth quarter. The equity holdings returned 3.9% in the quarter. For the year the listed equity portfolio generated a gross return of 27.9%.



The Investment Manager has taken a long-term approach to investing the Astoria funds and at 31 December 2017 the funds were deployed as follows: direct listed global equities 81.1%, niche funds and private equity 5.8%, and USD cash 13.1%.



Astoria?s top 10 direct listed equity positions as at 31 December 2017 were: Facebook Inc, The Blackstone Group LP, Admiral Group PLC, Apple Inc, Hastings Group Holdings PLC, Home Depot, Starbucks Corp, JP Morgan Chase - Co, FedEx and Nike Inc.



The investment objective remains to achieve a strong compound dollar return and to provide shareholders with diversified exposure to global equity assets.



A more comprehensive update will be provided in the results announcement. The above NAV is unaudited and is subject to the final valuations of unlisted investments.



The share buyback of up to 6 327 000 Astoria shares commenced on 5 May 2017. Since the announcement of the cancellation of the 2 721 918 Astoria shares bought back by Astoria as at 30 November 2017 (of which 500 000 were cancelled before 31 December 2017 and the balance on 10 January 2018), Astoria has, as at 31 December 2017, repurchased a further 1 106 547 shares at an average price of R11.57 per share (excluding transaction costs). An application for the cancellation of the repurchased shares will be made in due course.
13-Dec-2017
(Official Notice)
Shareholders are advised that Mr Daniel Romburgh has resigned as a non-executive director of the Company with effect from 11 December 2017.



Shareholders are further advised that, with effect from 11 December 2017, Mr Tinesh Ramprusad has been appointed to the Board as a non-executive director.



Change of registered office

Pursuant to Section 188 of the Companies Act 2001, and a Board resolution dated 30 November 2017, the registered office of the Company has been changed to C/o Osiris Corporate Solutions (Mauritius) Ltd., Chemin Vingt Pieds, 5 th Floor, La Croisette, Grand Baie, Mauritius.
31-Oct-2017
(Official Notice)
Further to the third quarter results announcement released on 25 October 2017, the Company advises that the termination date of the share buyback is extended until the earlier of (i) the date being 4 months from the date on which it was due to terminate, being 2 March 2018; and (ii) the approval of a new share buyback authority by the requisite majority of shareholders in accordance with the regulatory and legal requirements to which Astoria is subject.



Further announcements will be made as appropriate.
25-Oct-2017
(C)
Total revenue increased to USD352 000 (2016: USD190 000). Operating loss narrowed to USD248 000 (2016: loss of USD256 000). Total comprehensive income for the period lowered to USD3.4 million (2016: USD9.6 million). In addition, headline earnings per share was recorded at USD3 cents per share (2016: USD8 cents per share).



Dividend

No dividend has been declared for the period under review.



Company prospects

The biggest driver for the Group?s performance will be the direction of global developed equity markets. We believe that we are well positioned. We also anticipate further cash calls from the cash portion ring-fenced in terms of our commitment to four global private equity firms.

25-Oct-2017
(Official Notice)
The board of directors of the Company informs the shareholders of Astoria and the general public that the summarised unaudited consolidated financial statements of the Company for the quarter and nine months ended 30 September 2017 have been published and can be viewed on Astoria?s website (www.astoria.mu).

06-Oct-2017
(Official Notice)
Astoria will be releasing its financial results for the quarter ended 30 September 2017 on or about 25 October 2017. The directors of Astoria wish to provide the market with an update of the estimated net asset value per Astoria share (?NAV?).



The estimated NAV as at 30 September 2017 is USD1.16 (30 September 2016: USD1.03). This is subject to confirmation in the financial results announcement expected to be released on or about 25 October 2017.



As at the end of the quarter, the company has repurchased a total of 2 721 918 shares in terms of the share buyback, at an average purchase price of USD0.88 per share.
28-Jul-2017
(Official Notice)
Shareholders are advised that as a result of both the volume and value of shares traded on the South African share register having exceeded 50% of the total volume and value of shares traded on both the Mauritian and South African share registers over the past twelve months, the JSE will convert Astoria?s listing status on the Alternative Exchange of the JSE (?AltX?) from a secondary listing to a primary listing effective from 31 July 2017 pursuant to paragraph 18.21 of the JSE Listings Requirements.



Currently, Astoria has its primary listing on the Stock Exchange of Mauritius (?SEM?) and holds secondary listings on the AltX and on the main board of the NSX. From 31 July 2017 Astoria will hold primary listings on both the SEM and the AltX and a secondary listing on the main board of the NSX.
19-Jul-2017
(C)
Total revenue came in at USD12.7 million, operating profit was USD11.7 million, while total comprehensive income for the period was recorded at USD15.8 million. Furthermore, headline earnings per share was USD12 cents per share.



Dividend

No dividend has been declared for the period under review.



Company prospects

The biggest driver for the Group?s performance will be the direction of global developed equity markets. We believe we are well positioned. We also anticipate further cash calls from the cash portion ring-fenced in terms of our commitment to four global private equity firms.
07-Jul-2017
(Official Notice)
Astoria will be releasing its financial results for the quarter and six months ended 30 June 2017 on or about 18 July 2017. The directors of Astoria wish to provide the market with an update of the net asset value (?NAV?). The estimated unaudited NAV per Astoria share as at 30 June 2017 is USD1.12 (30 June 2016: USD0.95).



This estimate is subject to confirmation in the financial results announcement expected to be released on or about 18 July 2017.
23-Jun-2017
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Friday, 23 June 2017 (in terms of the notice of annual general meeting dispatched to shareholders on 2 June 2017), all of the resolutions tabled at the meeting were passed by the requisite majority of Astoria shareholders.
02-Jun-2017
(Official Notice)
Shareholders are advised that the notice of annual general meeting was posted on Friday, 2 June 2017. The annual general meeting of shareholders of the Company, will be held at 3rd Floor La Croisette, Grand Baie, Mauritius on Friday, 23 June 2017 at 14:00 Mauritian time (12:00 South African time). The meeting can also be accessed via a conference call dial-in facility, which is by pre-registration only. Kindly contact the Company Secretary at +230 6504030 by no later than 14:00 Mauritian time (12:00 South African time) on Wednesday, 21 June 2017, to obtain a pin number and dial-in details for the conference call. The Company?s annual report, incorporating the audited financial statements for the period ended 31 December 2016 and will be available on Astoria?s website- www.astoria.mu.



The salient dates and times in relation to the annual general meeting are set out in the table below:

* Notice of annual general meeting posted to shareholders : Friday, 2 June 2017

* Record date to be recorded in the register in order to be entitled to vote at the annual general meeting : Thursday, 15 June 2017

* Last date to lodge forms of proxy for the annual general meeting by 14:00 Mauritian time (12:00 South African time) : Thursday, 22 June 2017

* Annual general meeting held at 14:00 Mauritian time (12:00 South African time) : Friday, 23 June 2017
04-May-2017
(Official Notice)
24-Apr-2017
(C)
Total revenue for the quarter came in at USD7.914 million, operating profit was USD7.437 million, profit for the period was recorded at USD7.469 million, while headline earnings per share was USD6 cents per share.



Dividend

No dividend was declared.



Company prospects

The biggest driver for the Group?s performance will be the direction of global developed equity markets. We believe we are well positioned. We also anticipate further cash calls from the cash portion ring-fenced in terms of our commitment to four global private equity firms.
06-Apr-2017
(Official Notice)
Shareholders are referred to the announcement published on Wednesday, 25 January 2017, advising that the board of Astoria passed a resolution on Tuesday, 24 January 2017 authorising the buyback of up to 6 327 000 Astoria shares (?Buyback?) representing 4.99% of the issued share capital held by the public (?Buyback Shares?).



Timetable

The timetable for implementing the Buyback is as follows:

* Commencement date of Buyback : Friday, 5 May 2017

* Closing date of Buyback : Friday, 3 November 2017



The company may terminate the Buyback at any time, irrespective of whether any or all of the Buyback Shares have been repurchased which termination will be announced on the Stock Exchange of Mauritius Ltd (?SEM?) website and on the Stock Exchange News Service (?SENS?) of the Johannesburg Stock Exchange (?JSE?).



Buyback price

The pricing at which the Buyback will be implemented is subject to amendment prior to commencement of the Buyback. In light of current market volatility the board of Astoria will constantly review the Buyback pricing before the commencement date of the Buyback in order to best achieve the objectives of the Buyback. Any changes will be announced on the SEM website and SENS. As previously communicated, the current cash consideration payable by the company for each Buyback Share will be at a price between R0.01 and R11.66 on the JSE and at the Mauritian Rupee equivalent price range on the SEM.



Explanatory statement and special meeting

An explanatory statement providing shareholders with the relevant information relating to the Buyback and a notice convening a special meeting was posted to shareholders on 6 April 2017, and is available on the company?s website. The special meeting of Astoria shareholders will be held at 12:00 Mauritian time (10:00 South African time) on Thursday, 4 May 2017 at the registered office of the company for the purpose of considering and, if deemed fit, passing, with or without modification, the special resolution required to approve the Buyback.
05-Apr-2017
(Official Notice)
The estimated unaudited NAV per Astoria share as at 31 March 2017 was USD1.06. This is subject to confirmation in the financial results announcement for the quarter ended 31 March 2017 expected to be published on or about 21 April 2017.
20-Mar-2017
(C)
The group was formed during the year when the company acquired Astoria LP Holdings Ltd on 5th May 2016. Hence there are no comparatives for the group. The comparatives for the company?s figures are for a nine months period from 20 April 2015 (date of incorporation) to 31 December 2015 while the current year figures are for a full twelve months period ended 31 December 2016. Hence the figures for 2015 are not comparable.



Total revenue for the year came in at USD5.1 million whilst operating profit was recorded at USD3.3 million. Total comprehensive income for the year was USD3.9 million. In addition, headline earnings per share of USD3 cps was recorded.



Company prospects

The biggest driver for the company?s performance will be the direction of global developed equity markets. We believe we are well positioned. At the time of this report, the portfolio has benefitted meaningfully from the positive returns experienced in global markets post year-end. We also anticipate further cash calls from the cash portion ring-fenced in terms of our commitment to four global private equity firms.





25-Jan-2017
(Official Notice)
08-Nov-2016
(Official Notice)
Shareholders are referred to the announcement published on 15 September 2016 wherein it was communicated that the Board of Directors of Astoria (the ?Board?) had adopted a Share Option Scheme (the ?Scheme?). Subsequently, the Board has engaged with shareholders and members of the investment community and has resolved to terminate the Scheme in accordance with the provisions of clause 32.2 thereof with immediate effect. There are no share options, share appreciation rights, performance shares or any other benefits in terms of the Scheme outstanding as at the date of termination.



Further, the Board is assessing the merits of a share repurchase. Further details will be announced in due course. Astoria will continue with its stated objective of achieving strong USD capital appreciation over the medium-to-long-term by investing in global, equity-dominated holdings of primarily direct, high-quality listed businesses.
17-Oct-2016
(Official Notice)
Shareholders are advised that Ms Kate Holland has resigned as a non-executive director of the Company with effect from 17 October 2016. The board of directors (?the Board?) would like to thank Ms Holland for her valuable contribution in the establishment of the Company and implementing its internal corporate governance.



The Board further announces the appointment of Mr Daniel Romburgh (Bachelor of Commerce (Hons), Financial Analysis and Portfolio Management) as a non-executive director of the Company in place of Ms Holland. Mr Romburgh?s appointment will come into effect upon his appointment being confirmed at the Board meeting held on 17 October 2016. Mr Romburgh has many years experience in the management of international fund administration. He has and continues to serve on the boards of a number of listed companies.



This notice is issued pursuant to SEM Listing Rule 11.3. The Board of Astoria Investments Ltd accepts full responsibility for the accuracy of the information contained in this announcement.
17-Oct-2016
(Official Notice)
The following results are the company's maiden September quarterly results. Total revenue came in at USD190 000 whilst operating loss was USD256 000. Total comprehensive income for the period of USD9.6 million was recorded. In addition, headline earnings per share were USD8cps.



Dividend

No dividend has been declared for the period under review.
20-Sep-2016
(Official Notice)
15-Sep-2016
(Official Notice)
The Board of Directors of Astoria informed the shareholders and the general public that, further to the Resolution passed at the annual general meeting on 29 June 2016, it has adopted a Share Option Scheme (the ?Scheme?), which was approved by the Listing Executive Committee of the Stock Exchange of Mauritius Ltd. (?SEM?) on 14 September 2016.



The Scheme permits the listing of up to 25 000 000 ordinary shares (the ?Scheme shares?) as the maximum number of shares that can be offered for subscription to the Company?s executive directors. The number of shares authorised for issue under the Scheme shall not exceed the lesser of 10% of the total issued share capital of the Company from time to time and 25 000 000 shares. For clarification, the Scheme was approved by the Board of Directors on 2 August 2016. No shares are currently in issue thereunder.
18-Jul-2016
(C)
The following results are the company's miaden interim results since listing. Total revenue came in at USD0.6 million whilst operating loss was USD0.2 million. Loss for the period of USD1.8 million was recorded. In addition, headline loss per share was USD1cps.



Dividend

No dividend has been declared for the period under review.
30-Jun-2016
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Wednesday, 29 June 2016 (in terms of the notice of annual general meeting dispatched to shareholders on 7 June 2016), all of the resolutions tabled at the meeting were passed by the requisite majority of Astoria shareholders.
07-Jun-2016
(Official Notice)
Shareholders are advised that the notice of annual general meeting was posted today, Tuesday, 7 June 2016. The annual general meeting of shareholders of the Company, will be held at 3rd Floor La Croisette, Grand Baie, Mauritius on Wednesday, 29 June 2016 at 14:00 Mauritian time (12:00 South African time).



The meeting can also be accessed via a conference call dial-in facility, which is by pre-registration only. Kindly contact the Company Secretary at +230 6504030 by no later than 14:00 Mauritian time (12:00 South African time) on Monday, 27 June 2016, to obtain a pin number and dial-in details for the conference call. The Company?s annual report, incorporating the audited financial statements for the period ended 20 April 2015 (date of incorporation) to 31 December 2015 will be available on Astoria?s website- www.astoria.mu on or about 8 June 2016.
23-May-2016
(Official Notice)
15-Apr-2016
(C)
The following results are the company's maiden quarterly results. Total revenue for the year came in at USD170 000 whilst operating loss was USD249 000. Total comprehensive loss for the year was USD762 000. In addition, headline loss per share was USD2cps.



Dividend

No dividend has been declared for the period under review.



30-Mar-2016
(C)
The following results are the company's maiden final results. Total revenue for the year came in at USD143 000 whilst operating loss was USD217 000. Total comprehensive loss for the year was USD1.7 million. In addition, headline loss per share was USD3cps.
08-Mar-2016
(Official Notice)
11-Feb-2016
(Official Notice)
Shareholders are advised that the Namibian Stock Exchange (?NSX?) has approved the listing of all the issued shares, being 126 809 944 ordinary shares, of Astoria by way of a secondary listing on the NSX with effect from Wednesday, 10 February 2016 under the NSX share code ?ARO?.



The board is of the view that Astoria?s offering of an easy and relatively low cost means of gaining exposure to a globally diversified portfolio of assets will be attractive to Namibian institutional and retail investors. Consequently, it is anticipated that the NSX listing will broaden Astoria?s investor base and provide an additional source of capital to fund the company?s growth aspirations and ultimately improve the depth and breadth of the shareholder base of the company, improving liquidity in the trading of Astoria?s shares.



Astoria has its primary listing on the Stock Exchange of Mauritius Ltd, a secondary listing on the AltX of the JSE and from Wednesday, 10 February 2016 will hold an additional secondary listing on the main board of the NSX.





29-Jan-2016
(Official Notice)
Shareholders are advised that Mr Lourens Geldenhuys has resigned as a non-executive director of the company with effect from 31 January 2016.



Accordingly, the board further announces the appointment of Mr Peter Todd as a non-executive director of the company in place of Mr Geldenhuys. Mr Todd?s appointment will come into effect upon completion of the necessary formalities.
11-Dec-2015
(Official Notice)
Investors are advised that Astoria has converted over 97% of the approximately R1.8 billion in equity capital that it raised in its 25 November 2015 private placement to USD at an average rate of R14.39 to the USD. Astoria has its primary listing on the Stock Exchange of Mauritius and a secondary listing on the AltX.
24-Nov-2015
(X)
Astoria is a global investment company which inward listed on the JSE in November 2015. The objective of the company is to deliver a sustained, strong compound growth in value per share in USD. The company invests in global, high quality equities, niche funds and private equity.


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