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03-Oct-2017
(Official Notice)
In the SENS announcement dated 6 September 2017, Mr Arnold Fourie?s intention to resign as Non- executive Chairperson and member of the Alviva board of directors (?the Board?) was highlighted to shareholders. After identifying a suitable successor, he has announced his resignation with immediate effect. The Board announced that Ashley (Oshy) Tugendhaft, the current Deputy Chairperson, has been appointed as the new Non-Executive Chairperson of Alviva. Oshy has had a long-standing association with the Company having served the board in various capacities including Non-Executive Director, Deputy Chairperson and member of the Remuneration Committee (?Remco?).
29-Sep-2017
(Official Notice)
On 2 August 2016 Alviva announced the conclusion of its B-BBEE transaction through its subsidiary DCT Holdings (Pty) Ltd (?DCT Holdings?). A broad-based trust, the Ledibogo Trust (?the Ledibogo Trust?) (Previously the Pinnacle Foundation Trust ), through its wholly-owned subsidiary, Ledibogo (RF) (Pty) Ltd. (?Ledibogo RF?) (Previously Pinnacle Foundation (RF) (Pty) Ltd.), acts as the B-BBEE partner to the B-BBEE Transaction and subscribed for 29,93% of the ordinary issued shares in DCT Holdings.



Due to changes in the recently gazetted ICT Sector code, whereby foreign mandated investments are no longer excluded from shareholding calculations for B-BBEE purposes, the effective black ownership in DCT Holdings, as a result of the flow through from Alviva, reduced below 51%. Management consider it essential for transformation and business growth that the black ownership of DCT Holdings be maintained at above 51%.



Following an independent valuation of the ordinary shares of DCT Holdings, the Ledibogo Trust through Ledibogo RF, have subscribed for a further 106 shares in DCT Holdings representing an additional effective 9.15 % shareholding. The subscription of shares is funded by an interest free loan from DCT Holdings for R90 328 037, to be repaid out of future distributions received from DCT Holdings. The subscription of shares is below the categorisation thresholds of the JSE Listings Requirements.



Annual Compliance Report

In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given that the company?s annual compliance report in terms of section 13G(2) of the Act has been issued and its B-BBEE certificate is available on the company?s website at www.alvivaholdings.com
29-Sep-2017
(Official Notice)
Shareholders are advised that the Integrated Annual Report (?IAR?), which includes the Director?s Report, the Audit Committee Report, the consolidated and separate audited Annual Financial Statements for the year ended 30 June 2017 (?AFS?), and the notice of AGM, is being distributed to shareholders today, Friday, 29 September 2017.



There has been no change from the preliminary reviewed condensed consolidated financial results for the year ended 30 June 2017, that were released on SENS on 6 September 2017. Shareholders are further advised that the IAR, incorporating the reports as described above, together with the Corporate Governance Report, Sustainability Report and the notice of the AGM, are available on the Alviva website (https://alvivaholdings.com/report-categories/june-2017/).



Notice of Annual General Meeting

Notice is hereby given that the AGM of the company will be held on Thursday, 23 November 2017 at 14:30 (South African time), at the registered offices of Alviva at ?The Summit?, 269 16th Road, Randjespark, Midrand to transact business as stated in the notice of AGM, which forms part of the 2017 IAR.



The salient dates and times for the AGM are set out below:

*Record date to receive notice of the AGM - Friday, 22 September 2017

*Notice of AGM to be posted to shareholders and announced on SENS - Friday, 29 September 2017

*Last day to trade to be recorded in the register on the record date for participation in the AGM - Tuesday, 14 November 2017

*Record date to participate in and vote at the AGM - Friday, 17 November 2017

*Last day for lodging forms of proxy at 14:30 on Thursday, 23 November 2017

*AGM at 14:30 on Thursday, 23 November 2017

*Results of AGM released on SENS on Friday, 24 November 2017
07-Sep-2017
(Official Notice)
07-Sep-2017
(Official Notice)
06-Sep-2017
(C)
Revenue for the year increased to R12.8 billion (2016: R11 billion). Gross profit increased to R2.3 billion (2016: R1.7 billion). EBITDA was higher at R824.1 million (2016: R679.2 million). Net profit for the year attributable to owners of the company was R405.3 million (2016: R341.7 million). Furthermore, headline earnings per share rose to 243.9 cents per share (2016: 197.8 cents per share).



Dividends

The company?s policy is to declare a dividend of 10% of HEPS (and since the introduction of dividend tax, a gross dividend of 10% of HEPS before deducting dividend tax). To this end, the board has declared a final dividend of 25 cents (2016: 20 cents) per ordinary share for the financial year ended 30 June 2017.



Company prospects

The overall economy faces challenging times ahead. It is evident that, following the cabinet re-shuffle in March 2017, households have been actively shoring up their balance sheets, reverting to a culture of saving and living more within their means.



Businesses too have curtailed investment and are not as yet utilising the low interest rate environment to leverage up their balance sheets meaning that conservatism is dominating economic behaviour at the moment. There is simply no confidence to encourage investment. We believe this to be temporary in nature but anticipate a tough six to nine months ahead. To some extent, the IT sector will cushion this effect but much will depend on the elective conference in December 2017.



After a year of strategic alignment, during which a lot of work was performed to contribute to the sustainable financial well- being of the Group, the Group is keen to rigorously pursue commercial opportunities to take advantage of its efficient infrastructure and broad offerings in the distribution and services cluster.



With a rejuvenated balance sheet in place, the Group is keen to expand its offering through acquisition opportunities of suitable targets.



01-Sep-2017
(Official Notice)
The JSE Ltd. (?JSE?) wished to inform stakeholders of the following findings by the JSE in respect of Mr Sibiya. The JSE has found Mr Sibiya, in his capacity as a director of Alviva, to be in breach of paragraphs 3.65, 3.66 and 3.69 of the JSE Listings Requirements which states:

3.65 Any director who deals in securities relating to the issuer is required to disclose the information required by paragraph 3.63 to the issuer without delay and, in any event, by no later than three business days after dealing. The issuer must in turn announce such information without delay and, in any event, by no later than 24 hours after receipt of such information from the director concerned.



3.66 A director (excluding any of his/her associates) may not deal in any securities relating to the issuer without first advising the chairman (or one or more other appropriate directors designated for this purpose) in advance and receiving clearance from the chairman or other designated directors.



3.69 A director may not deal in any securities relating to the issuer:

(a) during a closed period as defined; and

(b) at any time when he is in possession of unpublished price sensitive information in relation to those securities or otherwise where clearance to deal is not given in terms of paragraph 3.66.



On 17 and 18 January 2017 and as announced on SENS on 14 June 2017, Mr Sibiya sold a total of 38925 Alviva securities without the required clearance and in a closed period, which commenced on 01 January 2017 due to the pending publication of Alviva?s interim financial results ended 31 December 2016, and further failed to disclose the trades timeously. The JSE has decided to impose this public censure against Mr Sibiya in relation to the above mentioned breaches of the Listings Requirements.
11-Aug-2017
(Official Notice)
Shareholders are advised that the company is reasonably certain that its results for the year ended 30 June 2017 will reflect the following:

Year to 30 June 2016 Actual; Expected change percentage and Year to 30 June 2017 Expected Values

*Headline earnings - R326 million; +21% to +25%; R394 to R409 million

*EPS - 207.1 cents; +16% to +21%; 240 to 247 cents

*HEPS - 197.8 cents; +21% to +25%; 240 to 247 cents



As previously reported in the unaudited interim financial results, all operating divisions have performed well despite difficult market conditions.



The company's reviewed financial results for the year ended 30 June 2017 are expected to be published on SENS on or about 7 September 2017.
29-Jun-2017
(Official Notice)
The board of directors of Alviva (?the Board?) hereby advises shareholders that Alviva has cumulatively repurchased 3 840 000 ordinary shares, representing 2.3% of the Company?s issued share capital (excluding treasury shares), in terms of the general authority granted by shareholders at the annual general meeting (?AGM?) held on 25 November 2016 (?Repurchase?).



Details of the general repurchase

Details of the repurchases are as follows:

*Dates of repurchases: 6 April 2017 to 17 May 2017

*Number of shares repurchased: 3 840 000

*Lowest repurchase price per share (cents): 1 901.47

*Highest repurchase price per share (cents): 2 090.00

*Total value of shares repurchased: R79 246 799



The shares were delisted and cancelled on 24 May 2017.



The repurchases were effected through the order book operated by the JSE and done without any prior understanding or arrangement between the Company and the counter parties.



Alviva holds 9 720 000 shares as treasury shares, representing 5.74% of the Company?s issued share capital. The repurchase had no effect on the number of treasury shares.



Following the repurchase, the extent of the general authority to repurchase shares outstanding is 29 506 514 ordinary shares, representing 17.7% of the total issued share capital of Alviva, at the time the authority was granted.



Opinion of the board

The Board has considered the effect of the repurchase and is of the opinion that, for a period of 12 months following the date of this announcement:

*the Company and the Group will be able, in the ordinary course of business, to repay their debts;

*the assets of the Company and the Group will be in excess of the liabilities of the Company and the Group;

*the Company and the Group?s ordinary capital and reserves will be adequate for ordinary business purposes; and

*the Company and the Group will have adequate working capital for ordinary business purposes.



Source of funds

The repurchases were funded from the Company?s available cash resources.



Financial information

Cash balances decreased by R79 246 799 as a result of the General Repurchase. The impact on other areas of the Company?s financial information is immaterial.



15-Jun-2017
(Official Notice)
Shareholders are referred to the ?Dealing in Securities by a director of the Company? announcement released on SENS on 14 June 2017.



Shareholders are hereby advised that the chairman subsequently advised that he has no record of any clearance given to Mr Sibiya to trade in January 2017. Mr Sibiya was unable to provide evidence of clearance obtained.



17-Mar-2017
(Official Notice)
In terms of section 45(5)(a) of the Act, notice is hereby given that the board of directors of Alviva, pursuant to a board resolution adopted on 22 February 2017, authorised the company to provide financial assistance as detailed below, to certain of its subsidiary companies pursuant to the authority granted to the board by shareholders at the annual general meeting of the company held on 25 November 2016.



The board of directors, before authorising the company to provide the financial assistance in terms of section 45 of the Act, has satisfied itself that:

. immediately after providing the financial assistance, the company satisfied the solvency and liquidity test contemplated in section 4 of the Act;

. there has been due compliance with the requirements of the company?s constitutional documents and other founding documents and with the Act; and

. the terms upon which financial assistance is to be given are fair and reasonable to the company.



The provision of financial assistance arose as a result of the company being required, from time to time, in the ordinary course of business, to sign parental company guarantees to enable its subsidiary companies to purchase IT and other products on credit as follows:

. Huawei International Co. Ltd. ? USD15 000 000 (Fifteen million United States dollars);

. IBM South Africa Proprietary Ltd. ? USD20 000 000 (Twenty million United States dollars);

. Micro Focus Software (Ireland) Ltd. - USD35 000 000 (Thirty-five million United States dollars); and

. Lenovo PC HK Ltd. ? USD26 000 000 (Twenty-six million United States dollars).
07-Mar-2017
(Permanent)
Pinnacle Holdings Ltd. renamed to Alviva Holdings Ltd. on 8 March 2017.

02-Mar-2017
(C)
Revenue for the interim period rose R6.3 billion (2015: R4.3 billion). Gross profit increased to R1.1 billion (2015: R557.0 million) and EBITDA was R409.6 million (2015: R243.1 million). Net profit for the period attributable to owners of the company was higher at R178.7 million (2015: R150.4 millions). In addition, headline earnings per share were 106.1 cents per share (2015: 94.1 cents per share).



Dividend

In line with previous years, no interim dividend is proposed for the period under review.



Prospects and strategic initiatives

The outlook for the year to 30 June 2017 is positive with earnings expected to be above those of June 2016 due to on-going improvements in all business segments.

*The Distribution division is well managed and well positioned to take advantage of the opportunities in both the local market and those beyond our borders.

*Centrafin will continue to maintain a steady growth with the backing of its securitisation structure and funding.

*The Services and Solutions segment should continue their growth trajectory and we are excited about their prospects.



The ongoing actions and strategy are to continue with further improvements in working capital, to grow organically, to diversify the overall business, and to invest into new technologies. The Services and Solutions businesses will be targeted for growth, both organically and by way of strategic acquisitions.



Change of name

As communicated and subsequently approved by the Shareholders at the annual general meeting, the name of Pinnacle Holdings Ltd. will change to Alviva Holdings Ltd.

27-Feb-2017
(Official Notice)
Pinnacle advised shareholders that it intends to release its interim results on the afternoon of 2 March 2017.



Shareholders can join a live webcast on the 3 March 2017, starting at 10h00 (with registration from 09h40) at www.pinnacleholdings.co.za or by following the URL www.corpcam.com/Pinnacle03032017. A delayed version of the webcast will made available shortly afterwards at the same address. Investor presentations will be made available under the investor section of the Pinnacle website at www.pinnacleholdings.co.za/index.php/investor-relations/download- reports/june-2017.
21-Feb-2017
(Official Notice)
Shareholders are referred to the announcement released on SENS on Friday, 25 November 2016 advising, inter alia, that the special resolution to approve the change of the company?s name from Pinnacle Holdings Ltd. to Alviva Holdings Ltd. was approved by the requisite majority of votes at the annual general meeting of shareholders (?the special resolution?).



Shareholders are advised that the special resolution has been registered with the Companies and Intellectual Property Commission. There are no further conditions precedent outstanding. Accordingly, the salient dates for the name change, as announced on SENS on Friday, 30 September 2016, remained unchanged and are as follows:

* Finalisation date in respect of the change of name of the company - Tuesday, 21 February 2017

* Last day to trade in Pinnacle shares in respect of the change of name of the company - Tuesday, 7 March 2017

* Listing of and trading in new shares on the JSE Limited under JSE code AVV and ISIN: ZAE000227484 from commencement of business on Wednesday, 8 March 2017

* Record date - Friday, 10 March 2017

* Date of issue of new replacement share certificates provided that the old share certificates have been lodged by 12:00 on the record date (share certificates received after this time will be posted within five business days of receipt) on Monday, 13 March 2017

* Dematerialised shareholders will have their accounts at their CSDP or broker updated on Monday, 13 March 2017
09-Feb-2017
(Official Notice)
Shareholders are advised that the Company is reasonably certain that its interim results for the 6 months ended 31 December 2016 will reflect the following:

6 months to 31 December 2016 expected values; 6 months to 31 December 2015 actual; 6 months to 31 December 2016 expected change percentage

*Revenue - R6,300 to R6.375 million; R4.331 million; +45% to +47%

*Headline earnings - R170 to R180 million; R150 million; +13% to +20%

*EPS - 103 to 108 cents; 94.4 cents; +9% to +14%

*HEPS - 104 to 108 cents; 94.1 cents; +11% to +15%



*The acquisitions of Datacentrix Holdings Ltd. and Solareff (Pty) td. in the second half of the last financial year have contributed to the growth in revenue for the six months ended 31 December 2016.

*All operations within the group have performed in line with, or in excess of, our expectations, contributing to a pleasing increase in the profitability of the group.



The above information has not been reviewed or reported on by the Company's auditors. The Company's unaudited interim financial results for the six months ended 31 December 2016 are expected to be published on SENS on or about 2 March 2017.



30-Jan-2017
(Official Notice)
11-Jan-2017
(Official Notice)
Datacentrix shareholders are referred to the announcement released on SENS on Thursday, 10 November 2016 and in the press on Friday, 11 November 2016 wherein they were advised that Pinnacle, through DCT Holdings, has made an offer to Datacentrix to acquire 100% of the issued ordinary share capital of Datacentrix excluding treasury shares and shares that DCT Holdings already owns (the ?Proposed Transaction?). Shareholders are also referred to the Circular which was issued on Thursday, 8 December 2016, containing details of the Proposed Transaction and incorporating details of the General Meeting of Shareholders for purposes of approving the Proposed Transaction.



Capitalised terms used in this announcement that are not otherwise defined, bear the meanings ascribed to them in the Circular.



Shareholders are advised that at the General Meeting of Datacentrix Shareholders held today on Wednesday, 11 January 2017, all resolutions required to be passed in order to approve the Proposed Transaction were passed by the requisite majority of shareholders.



Details of the results of the General Meeting are as follows:

* total number of shares in issue (excluding treasury shares) that could have been voted at the General Meeting: 81 325 007; and

*total number of shares present in person or by proxy was 67 847 365 , representing 83.43% of the total shares in issue that could have been voted

21-Dec-2016
(Official Notice)
Shareholders are referred to the ?Dealings in Securities by the Pinnacle Holdings Ltd. Forfeitable Share Plan? announcements released on SENS on 9 December 2016 and 15 December 2016 respectively. Shareholders are hereby advised that the nature of interest of all the transactions referred to in the announcements were direct beneficial.
08-Dec-2016
(Official Notice)
25-Nov-2016
(Official Notice)
Shareholders are advised that all the ordinary and special resolutions, including the resolutions relating to the Specific Repurchase Tranche 1 and the Name Change, details of which were included in the announcement published by the Company on 30 September 2016, tabled at the AGM of Pinnacle held on Friday, 25 November 2016 were passed by the requisite majority of shareholders, with the exception of special resolution 2 and ordinary resolutions 6 and 7 which failed.
10-Nov-2016
(Official Notice)
12-Oct-2016
(Official Notice)
Shareholders of Datacentrix and Pinnacle are advised that Pinnacle, which holds 57.1% of the issued share capital of Datacentrix, has submitted a non-binding expression of interest (?EOI?) to Datacentrix to acquire all of the issued share capital of Datacentrix, excluding treasury shares and shares that are already owned by Pinnacle (?Offer Shares?) (?Proposed Transaction?), and the subsequent delisting of Datacentrix from the JSE Ltd. (?JSE?). A comparable offer will also be made to the Datacentrix option holders in terms of the Datacentrix option scheme, if applicable, subject to the successful completion of the Proposed Transaction. It is contemplated that the Proposed Transaction would be implemented by way of a scheme of arrangement in terms of section 114 of the Companies Act, 2008 (Act 71 of 2008), as amended (?the Companies Act?) (?Proposed Scheme?), and failing approval of the Proposed Scheme, by way of a general offer in terms of section 117 of the Companies Act (?General Offer?) in terms of which Pinnacle will offer to acquire from shareholders of Datacentrix who wish to accept the General Offer, all of their Datacentrix shares on the same terms and conditions as would have been applicable to the Proposed Scheme.



In terms of the EOI, the consideration payable by Pinnacle to Datacentrix shareholders will be R6.65 per Datacentrix share, to be settled in cash (?Scheme Consideration?), amounting to approximately R541 million. This is subject to a fair and reasonable being performed by an Independent Expert appointed by the independent board of directors of Datacentrix.



Pinnacle has received irrevocable undertakings from the following Datacentrix shareholders (representing in aggregate 72.05% of the Offer Shares) to support the Proposed Transaction and to vote in favour of the Proposed Scheme, should it proceed, and the subsequent delisting of Datacentrix from the JSE or to accept the General Offer, if the Scheme is not approved.



Shareholders of Datacentrix and Pinnacle are advised that the EOI does not constitute a firm intention by Pinnacle to make an offer and it is possible that no offer may result from this process.



Accordingly, pending further announcements, Datacentrix and Pinnacle shareholders are advised to exercise caution when dealing in their Datacentrix and Pinnacle shares, respectively.



03-Oct-2016
(Official Notice)
30-Sep-2016
(Official Notice)
26-Sep-2016
(Official Notice)
Pinnacle shareholders are advised that Pinnacle Micro (Pty) Ltd., a major subsidiary of Pinnacle, previously trading as ?Pinnacle Africa?, has been mentioned in the charging and court appearance of Brigadier-General Leon Eggers (?Eggers?) of the South African Defence Force (the ?Department?).



Eggers is accused of favouring Pinnacle Africa and another supplier in the award of business, by using his official position to obtain from them private gifts or benefits for himself during the performance of his duties.



Pinnacle Africa dealt with Eggers and the Department over a number of years and in the same manner as any other customer. Pinnacle Africa networks with its customers and invites customers to many events, including sporting events, at Pinnacle Africa?s expense. Pinnacle Africa has never requested nor expected nor received, any special treatment or favours from any of its customers, in return for any such entertainment provided by it, and it would never do so.



Pinnacle will keep shareholders informed of any developments in this matter.
22-Sep-2016
(Official Notice)
Pinnacle shareholders are referred to the update SENS announcement issued by Datacentrix Holdings Ltd. (?Datacentrix?), a subsidiary of Pinnacle, on 21 September 2016, regarding legal proceedings against Datacentrix (Pty) Ltd., a wholly-owned subsidiary of Datacentrix, details of which are set out in the Datacentrix SENS announcement.
06-Sep-2016
(C)
Revenue for the year climbed to R10.969 billion (2015: R7.987 billion). Gross profit came in at R1.663 billion (2015: R1.118 billion). EBITDA grew to R679.2 million (2015: R464 million). Net profit for the year increased to R341.7 million (2015: R279.8 million). Furthermore, headline earnings per share were 197.8 cents per share (2015: 182.9 cents per share).



Dividends

The company?s policy had been to declare a dividend of 20% of HEPS (and since the introduction of dividend tax, a gross dividend of 20% of HEPS before deducting dividend tax). This policy was suspended in the last two years in order to reduce gearing to more acceptable levels. After careful consideration, the board has decided to lift its suspension of this policy and to amend its proposed distribution to 10% of HEPS in line with that of a company that wishes to apply its funds in growing the business. To this end, the board has declared a final dividend of 20 cents (2015: Nil) per ordinary share for the financial year ended 30 June 2016.



Prospects

The overall economy faces challenging times ahead, with the consumer becoming more financially constrained than ever before and the manufacturing and resources sector under pressure due to low commodity prices. Nonetheless, the IT sector has demonstrated its resilient nature due to the increasing importance technology plays in modern day life, and it is envisaged that it will continue to remain so.



After a year of strategic alignment, during which a lot of work was performed to contribute to the sustainable financial well- being of the group, the group is keen to rigorously pursue commercial opportunities to take advantage of its efficient infrastructure and broad offerings in the distribution and services cluster.



With a rejuvenated statement of financial position in place, the group is keen to expand its offering through acquisition opportunities of suitable international and local targets.

01-Sep-2016
(Official Notice)
Pinnacle advises shareholders that it intends releasing its financial results on the afternoon of Tuesday, 6 September 2016.



The annual investor presentation will take place as follows:

7 September 2016, Johannesburg, JSE Auditorium at 13h00



Shareholders can join a live webcast on the 7 September 2016, starting at 13h00 (with registration from 12h40) at www.pinnacleholdings.co.za or by following the URL www.corpcam.com/Pinnacle07092016



A delayed version of the webcast will made available shortly afterwards at the same address.



Investor presentations will be made available under the investor section of the Pinnacle website at (www.pinnacleholdings.co.za/index.php/investor-relations/download-reports/june-2016).



Shareholders may contact the company via e-mail (info@pinnacle.co.za) for further information as regards the above presentations.



02-Aug-2016
(Official Notice)
01-Jul-2016
(Official Notice)
27-Jun-2016
(Official Notice)
03-May-2016
(Official Notice)
Pinnacle commenced its R2 500 000 000 Domestic Medium Term Note Programme (?Programme?) on 19 April 2013. The first and only issue was note ?PTH01? which was issued for R315,000,000 on 30 April 2013 with a 3 year redemption.



Holders of the PTH01 notes were advised on SENS on 28 April 2016 that, under the terms of the Programme, the Applicable Pricing Supplement (?APS?) dated 25 April 2013 and the amended APS dated 2 December 2014,

- the entire outstanding capital amount of R 315 000 000 will be redeemed; and

- the interest of 9.083% p.a. (210 bps over 3 month JIBAR of 6.983% p.a. at 1 February 2016) for the period 1 February 2016 to 2 May 2016 (?the Final Interest?) will be paid, on 3 May 2016.



Further details of the capital redemption and final interest payment are set out in the SENS announcement released on 28 April 2016. The settlement of the bond will be financed through a R500 Million structured funding programme with Nedbank.
15-Apr-2016
(Official Notice)
Pinnacle shareholders are referred to the further SENS announcement issued by Datacentrix Holdings Ltd. (?Datacentrix?), a subsidiary of Pinnacle, today regarding legal proceedings against Datacentrix (Pty) Ltd., a wholly-owned subsidiary of Datacentrix, details of which are set out in the Datacentrix SENS announcement.



Datacentrix has taken legal advice and will be opposing the application.
14-Apr-2016
(Official Notice)
Pinnacle shareholders are referred to the SENS announcement issued by Datacentrix Holdings Ltd (?Datacentrix?), a subsidiary of Pinnacle, today regarding legal proceedings against Datacentrix (Pty) Ltd, a wholly-owned subsidiary of Datacentrix, details of which are set out in the Datacentrix SENS announcement.



08-Apr-2016
(Official Notice)
Shareholders approved a special resolution at the Annual General Meeting held on 3 December 2015, authorising the board of directors, from time to time, to provide any direct or indirect financial assistance, as defined in section 45(1) of the Act to any subsidiary as contemplated in section 45(2) of the Act, for such amounts and on such terms and conditions as the board may determine.



Financial assistance to subsidiaries includes the authority to transfer funds against loan accounts between Group companies, in order to continue conducting the centralised treasury operations of the Group and for the Group to continue issuing covering guarantees in favour of financial institutions and certain major suppliers for credit and advances by those organisations to the Company?s operating subsidiaries.



In terms of section 45(5) of the Act, the directors are required to advise shareholders of the projected quantum of such funding or financial assistance. Having evaluated the resources required to achieve the ongoing operational and growth strategies of the Group, the board of directors (the ?board?) passed a resolution on 27 November 2014, as announced on SENS on 8 December 2014, authorising the Company to increase its direct or indirect financial assistance to its subsidiaries by up to R500 million over the next two years, subject to the provisions of the Act and the Listings Requirements of the JSE Ltd.



In addition to the above R500 million, the board has on 24 March 2016 approved a corporate guarantee in an amount of USD30 million in order to secure trade credit facilities for one of its major subsidiaries, Axiz (Pty) Ltd. (?Axiz?). The facilities secured are required to facilitate certain sizeable transactions between the supplier, Axiz and its customers and will enhance the growth of the Group.



In addition, in accordance with section 45(3)(b) of the Act, the board has satisfied itself that immediately after providing financial assistance, the Company would satisfy the solvency and liquidity test set out in section 4(1) of the Act.
06-Apr-2016
(Official Notice)
Pinnacle advised noteholders that the interim financial statements of the company for the six months ended 31 December 2015 are available for inspection at the company?s registered office or on the website at http://www.pinnacleholdings.co.za/index.php/investor-relations/download-reports/june-2016.
29-Feb-2016
(C)
Revenue for the interim period rose to R4.3 billion (2014: R3.6 billion). Gross profit increased to R557.0 million (2014: R525.2 million). Earnings before interest, taxation, depreciation and amortisation ("EBITDA") grew to R243.1 million (2014: R207.3 million). Net profit for the period attributable to owners of the company was recorded at R150.4 million (2014: R121.9 million).



Dividends

In line with previous years, no interim dividend is proposed for the period under review.



Prospects and strategic initiatives

As previously announced on SENS on 13 November 2015, Pierre Spies was appointed as joint Chief Executive Officer (?CEO?) with effect 1 January 2016. Key changes have been made to the Distribution management structure and new appointments have been made to enhance the leadership capabilities of the team. The company is confident that this new energy will deliver the expected results into the future.



The outlook for the year to 30 June 2016 is positive with earnings expected to be above those of June 2015 due to on-going improvements in all business segments. The Distribution division is well managed and well positioned to take advantage of the opportunities in both the local market and those beyond our borders. Centrafin will continue to maintain a steady growth with the backing of its securitisation structure and funding. Datacentrix and SolarEff will comprise the company's services segment and the company is excited about their prospects. As part of Pinnacle's ongoing strategy to both diversify and balance its overall business, Pinnacle's investment into new technologies and value-added services businesses will be accelerated. The recent acquisition of SolarEff will further expand the company's footprint in the rapidly growing renewable energy market and will be able to drive many synergies across the group. The group will continue to expand this segment of the company's overall business, both organically and acquisitively over the coming months and years.

25-Feb-2016
(Official Notice)
Pinnacle advises shareholders that it intends releasing its interim results on the afternoon of 29 February 2016.



An investor presentation will take place as follows:

*Date: 1 March 2016

*City: Johannesburg

*Location: JSE Auditorium

*Time: 10h00



Shareholders can join a live webcast on the 1 March 2016, starting at 10h00 (with registration from 09h40) at www.pinnacleholdings.co.za or by following the URL www.corpcam.com/Pinnacle01032016. A delayed version of the webcast will made available shortly afterwards at the same address.



Investor presentations will be made available under the investor section of the Pinnacle website at (http://www.pinnacleholdings.co.za/index.php/investor-relations/download-reports/june-2016).



Shareholders may contact the company via e-mail (info@pinnacle.co.za) for further information as regards the above presentations.
03-Feb-2016
(Official Notice)
Shareholders are advised that the Company is reasonably certain that its interim results for the six months ended 31 December 2015 will reflect the following:

Six months to 31 December 2014 - six months to 31 December 2015 expected change - six months to 31 December 2015 expected values

* Revenue : R3.638 million - +17% to +20% - R4.250 to R4.350 million

* Headline earnings : R125 million - +16% to +20% - R145 to R150 million

* EPS : 78.2 cents - +16% to +21% - 91 to 95 cents

* HEPS : 80.4 cents - +13% to +18% - 91 to 95 cents



The Company's unaudited interim financial results for the six months ended 31 December 2015 are expected to be published on SENS on or about 29 February 2016.
15-Jan-2016
(Official Notice)
Pinnacle advised noteholders that the annual financial statements of the Company?s guarantors for the year ended 30 June 2015 are available for inspection at the Company?s registered office or on the website at http://www.pinnacleholdings.co.za/index.php/investor-relations/domestic-mt-notes/2015- documents.
11-Jan-2016
(Official Notice)
Pinnacle and Datacentrix Holdings Ltd. ("Datacentrix") shareholders (?Shareholders?) are referred to the joint announcement released on the Stock Exchange News Service of the JSE on Monday, 16 November 2015, notifying Shareholders of the opening of the offer by Pinnacle to acquire all of the ordinary shares in Datacentrix (?Datacentrix Shares?) that it did not already own (the ?Offer?).



Shareholders are advised that the Offer has now closed and that pursuant to the Offer, Pinnacle has acquired a further 19 791 464 Datacentrix Shares resulting in Pinnacle?s shareholding in Datacentrix increasing to 108 311 512 Datacentrix Shares, which represents 55.30% of Datacentrix?s total voting Shares in issue.
07-Dec-2015
(Official Notice)
03-Dec-2015
(Official Notice)
Shareholders are advised that, at the AGM of the company, held today, all the resolutions as set out in the notice of AGM were passed by the requisite majority of shareholders, with the exception of resolution 3.3, which was withdrawn.
23-Nov-2015
(Official Notice)
As regards the AGM of the company, to be held on 3 December 2015, shareholders are advised that the following resolution has been withdrawn:



Ordinary Resolution 3.3: The re-appointment of Mr E van der Merwe as a member of the Audit and Risk Committee (the ?Committee?).



As communicated to shareholders on 22 October 2015, Mr Van der Merwe has stepped down from the Committee, as he is no longer independent due to his advisory role in acquisitions and corporate finance. The Committee will comprise of the remaining members. The Committee remains compliant with the King III requirement in that the three remaining members are all Independent-Non Executive directors.



Shareholders are further advised that in terms of Ordinary Resolutions 2.1 and 3.2 Ms SH Chaba stands for re- appointment as an Independent Non-Executive director and a member of the Audit and Risk Committee respectively. The total directors fees received by Ms SH Chaba for the year ended 30 June 2015 was R184 000, as disclosed in note 30.2 in the Annual Report. An amount of R172 000 was incorrectly reflected as Equity Based Compensation paid to Ms Chaba and is not included in the total of R 184 000. Independent Non-Executive Directors do not receive equity-based compensation. An errata letter will be sent to shareholders in this regard.
16-Nov-2015
(Official Notice)
13-Nov-2015
(Official Notice)
11-Nov-2015
(Official Notice)
22-Oct-2015
(Official Notice)
In compliance with paragraph 3.59(c) of the Listings Requirements of the JSE Ltd., shareholders are hereby notified of the following change in the function of a director, which becomes effective on 22 October 2015. Mr Erhard van der Merwe?s independence, as an independent non-executive director, will be affected due to his future advisory role in acquisitions and corporate finance. He will therefore no longer be considered independent.



Subsequent to the aforementioned change, the Board will comprise Mr Arnold Fourie (Chief Executive Officer), Mr Richard Lyon (Chief Financial Officer), Mr Ashley (Oshy) Tugendhaft (Chairman ? Non -Executive Director), Mr Bheki Sibiya (Lead Independent Director - Independent Non-Executive Director), Ms Ndumi Medupe (Independent Non- Executive Director), Ms Seadimo Chaba (Independent Non-Executive Director) and Mr Erhard van der Merwe (Non- Executive director).



Following the change, the composition of the Board remains compliant with the King III requirement that a board of directors should comprise a balance of power, with a majority of non-executive directors, the majority of whom should be independent.



Mr van der Merwe will step down as a member of the Audit and Risk Committee (the ?Committee?), the Committee will comprise of the remaining three Independent Non-Executive Directors: Ms Ndumi Medupe (Chairperson), Mr Bheki Sibiya and Ms Seadimo Chaba. The Committee will remain compliant with the King III requirement that the three members will all be Independent Non-Executive Directors.
15-Oct-2015
(Official Notice)
05-Oct-2015
(Official Notice)
Pinnacle wishes to advise noteholders that the integrated annual report of the Company is available for inspection at the Company?s registered office, and is also available on Pinnacle?s website at http://www.pinnacleholdings.co.za/index.php/investor-relations/download-reports. The availability of the guarantors? annual financial statements will be announced in due course.

02-Oct-2015
(Official Notice)
The board of directors of Pinnacle advised noteholders that Pinnacle has appointed Merchantec Capital as Debt Sponsor to the company, replacing Rand Merchant Bank (a division of FirstRand Bank Limited), with effect from 2 October 2015.
01-Oct-2015
(Official Notice)
Shareholders are advised that Pinnacle has entered into negotiations, 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 full announcement is made.
30-Sep-2015
(Official Notice)
Shareholders are advised that the annual report, which includes the director?s report, the audit committee report, the audited financial statements for the year ended 30 June 2015, and the notice of AGM, is being distributed to shareholders today, 30 September 2015.



There has been no change from the reviewed condensed consolidated preliminary financial results for the year ended 30 June 2015, that were released on SENS on 9 September 2015. Shareholders are further advised that the Integrated Annual Report, incorporating the reports as described above, together with the Corporate Governance and Sustainability Reports, and the notice of the AGM, is available on the Pinnacle website, http://www.pinnacleholdings.co.za/index.php/investor-relations/download-reports



Notice is hereby given that the AGM of Pinnacle shareholders will be held in the boardroom of the Company at The Summit, 269, 16th Road Randjespark, Midrand on Thursday, 3 December 2015 at 10:00, to transact the business as stated in the notice of AGM forming part of the Annual Report.



Salient Dates and Times:

*Record date to determine which shareholders are entitled to receive the notice of Annual General Meeting -- Friday, 18 September 2015

*Notice of Annual General Meeting to be posted to shareholders on Wednesday, 30 September 2015

*Last day to trade to be recorded in the register on the record date for participation in the Annual General Meeting -- Friday, 20 November 2015

*Record date to participate in and vote at the Annual General Meeting -- Friday, 27 November 2015

*Last day for lodging forms of proxy at 10:00 on Tuesday, 1 December 2015

*Annual General Meeting at 10:00 on Thursday, 3 December 2015

*Results of Annual General Meeting released on SENS on Thursday, 3 December 2015
09-Sep-2015
(C)
Revenue for the year increased to R7.988 billion (2014: R7.152 billion). Gross profit rose to R1.118 billion (2014: R1 .070 billion), EBITDA climbed to R464 million (2014: R455 million), while profit attributable to owners of the company was higher at R279.8 million (2014: R272.6 million). Furthermore, headline earnings per share grew to 182.9cps (2014: 166.5cps).



Dividends

The Company?s policy had been to declare a dividend of 20% of HEPS (and since the introduction of dividend tax, a gross dividend of 20% of HEPS before deducting dividend tax). After careful consideration, the Board has decided to maintain its suspension of this policy and that, as with the prior year, no dividend be declared for the current year. This suspension of the dividend will be reviewed during the 2016 financial year given the good progress that the Group is making towards its overall recovery plan.



Prospects

The overall economy faces challenging times ahead, with the consumer becoming more financially constrained than ever before and the manufacturing and resources sector under pressure due to low commodity prices, power disruptions and labour issues. Nonetheless, the IT sector has demonstrated its resilient nature due to the increasing importance technology plays in modern day life, and it is envisaged that it will continue to remain so. After a year of strategic alignment, during which a lot of work was performed to contribute to the sustainable financial well- being of the Group, the Group is keen to rigorously pursue all commercial opportunities to take advantage of its efficient infrastructure and broad offerings in the distribution and services cluster. The efforts of the Group to expand its offerings into the rest of Africa are paying off, with year on year revenue growth into the region reaching 28% for the year to June 2015. The revenue contribution from outside South Africa?s borders is now 15% of total distribution revenue. With a rejuvenated balance sheet in place, the Group is keen to expand its offering through acquisition opportunities of suitable targets.
02-Sep-2015
(Official Notice)
Release date of Pinnacle?s reviewed condensed consolidated preliminary financial results for the year ended 30 June 2015 (?financial results?) Pinnacle advised shareholders that it intends releasing its financial results on the morning of 9 September 2015.



The annual investor presentation will take place as follows:

*Date - 9 September 2015

*City - Johannesburg

*Location - JSE Auditorium

*Time - 10h00



Shareholders can join a live webcast on the 9 September 2015, starting at 10h00 (with registration from 09h40) at www.pinnacleholdings.co.za or by following the URL: www.corpcam.com/Pinnacle09092015. A delayed version of the webcast will made available shortly afterwards at the same address.



Investor presentations will be made available under the investor section of the Pinnacle website at (http://www.pinnacleholdings.co.za/index.php/investor-relations/download-reports/june-2015).



Shareholders may contact the company via e-mail (info@pinnacle.co.za) for further information as regards the above presentations.
30-Jul-2015
(Official Notice)
Following the SENS announcement of 17 April 2015 by the board of directors of Pinnacle (?the Board?), that it had entered into an agreement with Datacentrix (Pty) Ltd., a wholly-owned subsidiary of Datacentrix Holdings Ltd., to dispose of 100% of the issued share capital of Pinnacle?s wholly-owned subsidiary, Infrasol (Pty) Ltd. (?Infrasol?), including Infrasol?s subsidiary, Merqu Communications (Pty) Ltd. as one indivisible transaction, the Board is pleased to now advise shareholders that all conditions precedent have been met and the transaction is now unconditional.
17-Apr-2015
(Official Notice)
10-Apr-2015
(Official Notice)
In a SENS announcement issued on 2 April 2015 the company advised that it would announce further details on the Samrand Property (??the property??) in due course.



The board of directors of Pinnacle (?the Board?) is therefore pleased to announce that it has entered into a sale agreement in terms of which Pinnacle, through a subsidiary company, will dispose to Erf 117746 Nourse Avenue (Pty) Ltd. (?the ?Purchaser?), the property being Stand 853,854,855,856,857,858,881,882,883,859, 876, Kosmosdal ext.11, for R52 000 000 (?the Disposal?).



The disposal will realise R50 960 000 after commission.



The above property was vacant land earmarked for future use as warehousing and offices.



The effective date of the Disposal is the transfer date. The Disposal is subject to the following suspensive conditions to be fulfilled by 30 April 2015:

* A due diligence on the Property, and all conditions applicable thereto, to be undertaken by the Purchaser to the Purchaser?s satisfaction;

* Board approval of the ultimate holding company of the Purchaser; and

* Written confirmation from the previous owner that it will not exercise their right of first refusal over the property.



Rationale

As communicated with the release of the unaudited interim results for the six months ended 31 December 2014, the reduction of gearing of the Group remains a key priority and to that end the Board approved the disposal of the Group?s property portfolio. The Disposal proceeds less the settlement of the existing bond of R32 936 462 on the property will therefore be applied towards reducing gearing.



Categorisation

The Disposal is below the Listings Requirements of the JSE Ltd. categorisation thresholds and therefore does not require Pinnacle shareholder approval.



The Disposal consideration, aggregated with the sale consideration of other Pinnacle properties as set out in the SENS announcement on 2 April 2015, is a Category 2 transaction in terms of the Listings Requirements of the JSE Ltd. and does not require Pinnacle shareholder approval.



Financial information

The carrying value of the property as at 31 December 2014 was R45 309 472.



Warranties

The parties have provided standard warranties that are usual for this type of transaction.
02-Apr-2015
(Official Notice)
11-Mar-2015
(C)
05-Mar-2015
(Official Notice)
Further to the Group?s trading statement of 18 February 2015, Pinnacle advises shareholders that it intends to release the Group?s unaudited interim results for the six months ended 31 December 2014 on the morning of 11 March 2015.



Investor presentations will take place as follows:

Date, City, Location and Time

*11 March 2015 - Johannesburg - JSE Auditorium - 10h30 for 11h00

*12 March 2015 - Cape Town - One and Only Hotel - 10h30 for 11h00



Investor presentations will be made available under the investor section of the Pinnacle website at (http://www.pinnacleholdings.co.za/index.php/investor-relations/download-reports/june-2015)



Shareholders may contact the company via e-mail (info@pinnacle.co.za) for further information as regards the above presentations.
27-Feb-2015
(Official Notice)
Pinnacle issued a consent request to all of the holders of Tranche 1 of Series 1 of Senior Secured Notes issued by Pinnacle under its R2 500 000 000 domestic medium term note programme ("Noteholders") on 9 December 2014 to consider and, if thought fit, to consent thereto.



On 12 December 2014 Noteholders approved the applicable resolutions. Pinnacle now wishes to advise Noteholders that all of the conditions, relating to the amendments to the Terms and Conditions, have now been met. The effective date of such amendments is 19 February 2015.



The signed Applicable Pricing Supplement Amendment and the marked up Applicable Pricing Supplement, reflecting the approved amendments to the Terms and Conditions, have been signed and are available on Pinnacle's website at http://www.pinnacleholdings.co.za/index.php/investor-relations/domestic-mt-notes.
18-Feb-2015
(Official Notice)
Shareholders are advised that the company is reasonably certain that its interim results for the 6 months ended 31 December 2014 will reflect the following:



6 months to 31 December 2013 Actual, 6 months to 31 December 2014 Expected change percentage, 6 months to 31 December 2014 Expected Values

*Revenue -- R3 161 million; +14% to +15%; R3 600 to R3 640 million

*Headline earnings -- R151 million; -16% to -21%; R120 to R127 million

*EPS -- 102.6 cents; -22% to -27%; 75 to 80 cents

*HEPS -- 95.4 cents; -14% to -19%; 77 to 82 cents



The company's unaudited interim financial results for the six months ended 31 December 2014 are expected to be published on SENS on or about 9 March 2015.
13-Feb-2015
(Official Notice)
In terms of the JSE Listings Requirements the Board of Pinnacle is required to appoint a Remuneration Committee. The King III code outlines the composition of the Remuneration Committee which should only comprise board members and have a majority of non- executive directors. The majority of the non-executive directors serving on the Remuneration Committee should be independent. The chairman of the board may be a member of the Committee but is not allowed to chair it.



The Board is cognisant that the selection of the Remuneration Committee and determined composition is essential to formalise and oversee the implementation of a Remuneration Policy that subscribes to both the guidelines of King III and to international best practice.



The Board is therefore pleased to announce that the Remuneration Committee has been reconstituted as follows, effective 12 February 2015:



Ms. N Medupe (Chair) Independent Non- Executive Director

Ms. S Chaba (Member) Independent Non- Executive Director

Mr. A Tugendhaft (Member) Non- Executive Director



Mr. E van der Merwe steps down from the Remuneration Committee with effect from 12 February 2015.
12-Dec-2014
(Official Notice)
Pinnacle had issued a consent request to all of the holders of Tranche 1 of Series 1 of Senior Secured Notes issued by Pinnacle under its R2,500,000,000 domestic medium term note programme ("Noteholders") on 9 December 2014. Pinnacle wishes to advise Noteholders that Resolution No 9 has not been passed by the requisite majority of votes, whilst the balance of the Resolutions proposed at the meeting were passed by 100 % of the votes in favour thereof, as per the results set out above. The Amended and Restated Applicable Pricing Supplement, reflecting the approved amendments to the Terms and Conditions, will be signed in due course and made available on Pinnacle's website at http://www.pinnacleholdings.co.za/index.php/investor- relations/domestic-mt-notes.

08-Dec-2014
(Official Notice)
Notice to shareholders of the Company in terms of section 45 (5) of the Company's Act



Shareholders approved a special resolution at the Annual General Meeting held on 28 October 2014, authorising the board of directors, from time to time, to provide any direct or indirect financial assistance, as defined in section 45(1) of the Act to any subsidiary as contemplated in section 45(2) of the Act, for such amounts and on such terms and conditions as the board may determine.



Financial assistance to subsidiaries includes the authority to transfer funds against loan accounts between Group companies, in order to continue conducting the centralised treasury operations of the Group and for the Group to continue issuing covering guarantees in favour of financial institutions and certain major suppliers for credit and advances by those organisations to the Company?s operating subsidiaries.



In terms of section 45(5) of the Act, the directors are required to advise shareholders of the projected quantum of such funding or financial assistance. Having evaluated the resources required to achieve the ongoing operational and growth strategies of the Group, the board of directors has passed a resolution authorising the Company to increase its direct or indirect financial assistance to its subsidiaries by up to R500 million over the next two years, subject to the provisions of the Act and the Listings Requirements of the JSE Ltd..



In addition, in accordance with S45(3)(b) of the Act, the Board does apply and satisfy itself that immediately after providing financial assistance, the Company would satisfy the solvency and liquidity test set out in section 4(1) of the Act.

03-Dec-2014
(Official Notice)
Pinnacle hereby gives notice that a meeting of all of the holders of Tranche 1 of Series 1 of Senior Secured Notes (the "Group 1 Notes") issued by Pinnacle under its R2 500 000 000 domestic medium term note programme (the "Group 1 Noteholders"), will be held on 9 December 2014 at 10h00 at the offices of Rand Merchant Bank, a division of FirstRand Bank Ltd., 1 Merchant Place, Corner Fredman Drive and Rivonia Road, Sandton.



For further information regarding the proposed amendments to the Terms and Conditions, refer to the Amended and Restated Applicable Pricing Supplement which is available on Pinnacle's website at http://www.pinnacleholdings.co.za/index.php/investor- relations/domestic-mt-notes.



The complete notice is being delivered to the JSE and Strate in accordance with Condition 19 (Amendment of these Conditions) of the Terms and Conditions and Condition 19 (Amendment of these Conditions) of the Additional Terms and Conditions as read with Condition 18 (Notices) of the Terms and Conditions.
28-Oct-2014
(Official Notice)
Shareholders are advised that, at the annual general meeting (AGM) of the Company held today, all the resolutions as set out in the notice of AGM were passed by the requisite majority of shareholders, except for:

*ordinary resolution 1.1 (To ratify the appointment of Mr HMP Ferreira as an executive director) - Resolution withdrawn prior to the annual general meeting

*ordinary resolution 2 (To ratify the re-appointment of Ms D Mashile-Nkosi as an independent non- executive director) - Resolution withdrawn prior to the annual general meeting, see below.

*ordinary resolution 5 (To endorse the Company?s Remuneration Policy and its implementation)

*ordinary resolution 8 (General Authorisation to issue shares for cash)



The results of the AGM are as follows:

*Total number of Pinnacle issued ordinary shares is 167 992 449;

*Total number of ordinary shares in issue excluding 12 069 974 treasury shares is 155 922 475 (Total Votable Ordinary Share);

*Total number of ordinary shares voted in person or by proxy was 88 713 926, representing 56.89 % of the total issued share capital of the ordinary shares of the Company.



Change in directorate

The board of directors of Pinnacle advise shareholders that the Chairperson, Ms Mashile Nkosi has resigned as a non-executive director of the Company with effect from 27 October 2014. We further wish to advise shareholders that Mr Tugendhaft will act as Chairman of the Company until such time as a new Chairman has been appointed.



Further, Mr HMP Ferreira, in addition to his overall executive responsibility as Head of Distribution for the Group, has taken on the day to day operational responsibility as CEO of Pinnacle Micro (Pty) Ltd, a major subsidiary. As a result, he has decided to step down from the Board with effect 27 October 2014, in order to focus his energies on the successful outcome of his additional responsibilities. The Board thank him for his ongoing contribution and commitment to the Group.
30-Sep-2014
(Official Notice)
16-Sep-2014
(Official Notice)
The Company refers to its SENS announcement of 30 April 2014 stating that the Financial Services Board (FSB) has registered an investigation in terms of section 84 of the Financial Markets Act, Act 19 of 2012 (FMA), relating to a possible contravention of section 78 of the FMA (insider trading) (the investigation). The investigation relates to share transactions in the Company executed during March 2014. The Company was informed today that the Directorate of Market abuse at the FSB, at a meeting on 16 September 2014, decided to close the investigation and no enforcement action will be taken.
09-Sep-2014
(Official Notice)
Shareholders are referred to the previous SENS announcements dated 25 and 26 March 2014, as well as 24 April 2014, 2 July 2014 and 25 August 2014, regarding the charges of alleged attempted bribery brought against an executive director, Mr Takalani Tshivhase. Mr Tshivhase appeared in court on 9 September 2014 where the charges were officially withdrawn by the State.
05-Sep-2014
(C)
Revenue grew to R7.1 billion (R6.6 billion) and gross profit decreased to R1.02 billion (R1.03 billion). EBITDA lowered to R405.6 million (R493.3 million). Operating profit before interest narrowed to R379.5 million (R472.5 million). Profit attributable to owners fell to R272.6 million (R324.9 million). Furthermore, headline earnings per share declined to 166.5cps (205.6cps).



Dividend

The company's policy has been to declare a dividend of 20% of HEPS (and since the introduction of Dividend Tax, a gross dividend of 20% of HEPS before deducting Dividend Tax). After careful consideration, the board has decided that this policy be suspended and that no dividend be declared for the current year. The Group wishes to preserve its cash resources to ensure that gearing reduces to more acceptable levels and that it invests into growth areas of the business.



Prospects

The overall economy faces challenging times ahead, with the consumer becoming more financially constrained than ever before and the manufacturing and resources sector, bedevilled by labour and demand issues. Nonetheless, the IT sector has remained relatively resilient in the face of these and other economic challenges and it is envisaged that it will continue to remain reasonably so.



Pinnacle is rigorously pursuing all commercial opportunities to take advantage of its efficient infrastructure and broad offerings in its Distribution cluster. The efforts of the Group to expand its offerings into the rest of Africa are paying off, with year on year revenue growth into the region reaching 23% for the year to June 2014. Infrasol is expanding its services offering and is seeing increased traction, while Centrafin, Pinnacle's finance subsidiary, continues to enable transactions to take place within the Group.
29-Aug-2014
(Official Notice)
Further to the announcement released on SENS on 24 June 2014 and in compliance with paragraph 3.59 of the Listings Requirements of the JSE, shareholders are hereby notified of the following changes to the board of directors of the company which became effective on 29 August 2014.



Ms Ndumi Medupe has been appointed as an independent non-executive director and chairperson of the Audit and Risk Committee. In compliance with principal 3.2 of King III Report on Corporate Governance, which requires that all members of the Audit Committee must be independent non- executive directors, Mr A Tugendhaft, who served as Chairman of the Committee has stepped down from the Committee, but will continue to attend Audit and Risk Committee meetings as a permanent invitee.



Subsequent to the aforementioned changes, the Audit and Risk Committee will comprise: Ndumi Medupe CA (SA) (Independent Non-executive director) - Chairperson, Mr E van der Merwe CA (SA) (Independent-Non-executive director) and Ms S Chaba (Independent Non-executive director).
25-Aug-2014
(Official Notice)
Shareholders are referred to the previous SENS announcements dated 25 and 26 March 2014, as well as 24 April 2014, 2 July 2014 and 20 August 2014, regarding the charges of alleged attempted bribery brought against an executive director, Mr Takalani Tshivhase.



Mr Tshivhase has received written notification from the Specialised Commercial Crime Unit of the National Prosecuting Authority of South Africa (SCCU), that after careful consideration of the evidence at their disposal and consultation with, and evaluation of the reliability of all the state witnesses, the SCCU has come to the conclusion that the evidence presented is insufficient to provide a reasonable prospect of a successful prosecution. The charges against Mr Tshivhase will accordingly be withdrawn.



The Company welcomes the decision. The conclusion and decision of the SCCU corroborates the Company's own investigation into the matter and confirms the Company's initial statement that from the evidence available to the Company, the Company was satisfied that there was no reason to doubt the veracity of Mr Tshivhase's denial of the allegations. After what has been a most trying time for the Company, as well as Mr Tshivhase and his family, the Board re-assures all of its stakeholders that the Company continues to practice the highest standards of corporate governance and transparency. Mr Tshivhase, who was on leave of absence from the Company pending the outcome of the case, will now resume his duties.
20-Aug-2014
(Official Notice)
The Company has noted that there has been a substantial weakening in its share price since the trading statement published on 8 August 2014. The Company herewith wished to address some perceived concerns and hopefully lay to rest any rumours that may be circulating in the market.



Shareholders are referred to the trading statement published on SENS on 8 August 2014 where it was stated that the Company is reasonably certain that its results for the year ended 30 June 2014 will reflect a headline earnings per share ("HEPS") of between 160 and 175 cents per share and earnings per share ("EPS") of between 165 and 180 cents per share. This compares to HEPS of 205.6 cents in the comparative period to 30 June 2013, a decline of between 15 and 22%, and to EPS of 205.8 cents, a decline of between 13 and 20%.



During the last quarter of the financial year, Pinnacle's revenue grew by a robust 7%, although the benefit of this was negated by lower margins and increased expenses. In addition, Pinnacle incurred material once-off charges relating to write downs on large holdings of inventory which were becoming end of life. It is important to note that there has not been any significant diminution in public sector business in the last quarter.



Shareholders are referred to the matter pertaining to alleged bribery charges against an executive director, Mr Takalani Tshivhase. As announced on SENS on 2 July 2014 this matter has been postponed until 9 September 2014. There is no further information to report on this matter at this stage and shareholders will be advised once any new information becomes available.



The Group remains focussed on its day to day business operations. Its customers, all of its suppliers and financiers remain in place and continue to be supportive of the business. The CEO, the executive and non-executive directors remain fully committed to the Group and are, as usual, fully focussed on the business. The Group continues to practice the highest standards of corporate governance and transparency. It is therefore business as usual at Pinnacle. Shareholders will be informed as and when any further relevant information becomes available.
08-Aug-2014
(Official Notice)
Pinnacle provided guidance to the market regarding the anticipated headline earnings per share ("HEPS") and earnings per share ("EPS") ranges for the year ended 30 June 2014.



Shareholders are advised that the company is reasonably certain that its results for the year ended 30 June 2014 will reflect a HEPS of between 160 and 175 cents per share and EPS of between 165 and 180 cents per share. This compares to HEPS of 205.6 cents in the comparative period to 30 June 2013, a decline of between 15 and 22%, and to EPS of 205.8 cents, a decline of between 13 and 20%.



The company's audited financial results for the year ended 30 June 2014 are expected to be published on or about 5 September 2014.
02-Jul-2014
(Official Notice)
Shareholders are referred to the previous SENS announcements dated 25 and 26 March 2014, as well as 24 April 2014, regarding the charges against an executive director, Mr Takalani Tshivhase. Mr Tshivhase appeared in court this morning, 2 July 2014, where the matter was postponed to 9 September 2014, at the request of the prosecution, in order to consider representations that had been made by Mr Tshivhase. The Company will review the matter as further information becomes available and will inform shareholders accordingly.
30-Jun-2014
(Official Notice)
Shareholders are hereby advised that Pinnacle has acquired 2 112 000 ordinary shares in the issued share capital of Pinnacle on the open market for a purchase consideration in aggregate of R29 046 610.60 (the general repurchase). The general repurchase was effected in terms of a general authority to Pinnacle?s directors (the directors), which was granted in terms of a special resolution passed by the members at Pinnacle?s Annual General Meeting (AGM) held on 25 October 2013 and comprises 1.24% of the total issued ordinary shares of Pinnacle at the date of the AGM. There are 12 069 974 treasury shares held by Pinnacle Treasury Services Limited, a subsidiary of Pinnacle.



Implementation

The general repurchase commenced on 14 April 2014 and continued on a day-to-day basis as market conditions allowed and in accordance with the JSE Limited (JSE) Listings Requirements until 2 May 2014. The Company confirms that the repurchases were effected through the order book operated by the JSE and done without any prior understanding or arrangement between the Company and the counter parties. The highest and lowest prices paid by Pinnacle for the ordinary shares were 1455.70 cents and 1298.89 cents per share respectively.



Extent of general authority outstanding

The extent of the general authority outstanding for the current financial year is 31 908 889 ordinary shares, representing 18.76% of the total issued ordinary shares of Pinnacle.



Sources of funds

The general repurchase has been funded from available banking facilities.



JSE listing

The ordinary shares that have been repurchased have been cancelled and de-listed



Conclusion

Pinnacle may consider repurchasing securities as and when opportunities arise.

24-Jun-2014
(Official Notice)
In line with the King III requirement that a board of directors should comprise a balance of power, with a majority of non-executive directors, the majority of whom should be independent, the Board has commenced the process of identifying appropriate candidates for appointment as additional independent non-executive directors. Shareholders will be advised in due course once such appointments have been made.



Remuneration Committee

The Remuneration Committee of the Company has been reconstituted and will now comprise of Mr A Tugendhaft (Chairman), Mr Erhard van der Merwe and Ms Daphne Mashile-Nkosi. Due to the size of the Board a separate Nominations Committee is not required. Procedures for appointment of directors to the Board will in future be handled by the Board of Directors.
19-May-2014
(Official Notice)
The board of directors of Pinnacle has appointed an additional executive director, Mr Henry Ferreira to serve on the board in order to enhance the capacity of the board and also assist in managing the future growth of Pinnacle. The appointment is effective 1 June 2014.
30-Apr-2014
(Official Notice)
The Company advised shareholders that the Financial Services Board ("FSB") has registered an investigation in terms of section 84 of the Financial Markets Act, Act 19 of 2012 ("FMA"), relating to a possible contravention of section 78 of the FMA (insider trading) ("the investigation"). The investigation relates to share transactions in the Company executed during March 2014 and may be extended, if necessary. It should be noted that the investigation is not into the affairs of the Company. The FSB have advised that when the investigation is completed it shall be reported to the Directorate of Market Abuse who will then decide whether to close the investigation, or proceed with enforcement action. Shareholders will be informed in this regard. The Company will cooperate fully with the FSB in respect of the investigation.
24-Apr-2014
(Official Notice)
Shareholders are referred to the previous SENS announcements dated 25 and 26 March 2014 regarding the charges against an executive director, Mr Takalani Tshivhase.



Mr Tshivhase appeared in court this morning, 24 April 2014, where the matter was postponed until the 2nd July 2014.



The company will review the matter as further information becomes available and will inform shareholders accordingly.
23-Apr-2014
(Official Notice)
Shareholders are referred to the SENS announcements of 18 December 2013, 22 January 2014, 14 February 2014, 14 March 2014 and 15 April 2014 wherein disposals of securities in terms of a zero cost collar originally entered into on 12 December 2012 were made by Arnold Fourie, the Chief Executive Officer, through The Carmen Fourie Family Trust. The trades were reported as having been made ?on market? whereas these should have been reported as having been made ?off market? due to the mechanics of the relevant option exercise.

26-Mar-2014
(Official Notice)
25-Mar-2014
(Official Notice)
The Company informed its shareholders that Mr Takalani Tshivhase, an executive director of Pinnacle, has been charged with alleged attempted bribery of a Lieutenant General of the South African Police Service, with R5 million. This alleged incident occurred some 14 months ago, around 16 January 2013.



Mr Tshivhase denies all allegations of attempted bribery, and will defend the charges. From the evidence thus far available to the Company, the Company is satisfied that there is no reason to doubt the veracity of Mr Tshivhase's denial of the allegations. The Company will review the matter as further information becomes available and will inform shareholders accordingly.
07-Mar-2014
(C)
Revenue for the interim period jumped to R3.2 billion (R3.1 billion). Gross profit soared to R514.9 million (R487.5 million), while earnings before interest, taxation, depreciation and amortisation ("EBITDA") increased to R232.5 million (R228.6 million), and profit attributable to owners of the company rose to R163.2 million (R148.4 million). Furthermore, headline earnings per share continued the upward trend by growing to 95.4cps (93.8cps).



Dividend

In line with previous years, no interim dividend is proposed for the period under review.



Prospects

The overall economy faces challenging times ahead, with the consumer becoming more financially constrained than ever and the resources sector, bedevilled by labour and demand issues. Nonetheless, the IT sector has remained resilient in the face of these and other economic challenges and it is envisaged that it will continue to remain reasonably so. It is anticipated that the investment into Datacentrix will deliver the group enhanced returns in the years ahead as we explore synergies and enhancements. We are moving into the period of highest activity during the year for the IT industry and the Distribution division is well placed to take advantage of all of these opportunities. The efforts of the Group to expand its offerings into the rest of Africa is paying off, with year on year revenue growth into the region of 46%. Infrasol is expanding its services offering and is seeing increased traction, while Centrafin, Pinnacle?s finance subsidiary, continues to enable transactions to take place within the Group.
30-Jan-2014
(Official Notice)
Pinnacle Technology Holdings Ltd. advised noteholders of its ZAR2 500 000 000 Domestic Medium Term note programme dated 19 April 2013 that with effect from 09 December 2013 its name has changed to Pinnacle Holdings Ltd.
24-Jan-2014
(Permanent)
Pinnacle Technology Holdings Ltd. was renamed to Pinnacle Holdings Ltd. on 27 January 2014.
17-Jan-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on Friday, 25 October 2013 advising, inter alia, that the special resolution to approve the change of the Company's name from Pinnacle Technology Holdings Ltd. was approved by the requisite majority of votes at the annual general meeting of shareholders ("the special resolution"). Shareholders are advised that the special resolution has been registered with the Companies and Intellectual Property Commission. There are no further conditions precedent outstanding. Accordingly, the salient dates for the name change, as announced on SENS on Monday, 30 September 2013, have been revised.

* Finalisation date in respect of the change of name of the Company: Friday, 17 January

* Last day to trade in Pinnacle shares in respect of the change of name of the Company: Friday, 24 January

* Listing of and trading in new shares on the JSE Ltd. under JSE code PNC and ISIN: ZAE000184149 from commencement of business on Monday, 27 January

* Record date : Friday, 31 January

* Date of issue of new replacement share certificates provided that the old share certificates have been lodged by 12:00 on the record date (share certificates received after this time will be posted within five business days of receipt) on or about Monday, 3 February.
26-Nov-2013
(Official Notice)
The resolution passed by the board of directors of Pinnacle on 22 November 2103 is as follows: Resolved that, to the extent required by the Companies Act, the board of directors of the Company may, subject to compliance with the requirements of the Company?s Memorandum of Incorporation, the Companies Act, and the Listings Requirements of the JSE, each as presently constituted and as amended from time to time, authorize the Company to provide any additional direct or indirect financial assistance by way of loan, guarantee, the provision of security or otherwise, to any of its present or future subsidiaries and/or any other Company or corporation that is or becomes related or inter-related to the Company, for any purpose or in connection with any matter, including, but not limited to, the subscription of any option, or any securities issued or to be issued by the Company or a related or interrelated Company, or for the purchase of any securities of the Company or a related or inter-related Company limited to the maximum of R500 Million effective to the date of the next AGM , but as determined by the Chief Financial Officer of the Company from time to time regarding actual payments.
30-Oct-2013
(Official Notice)
Shareholders are referred to the SENS announcement dated 6 June 2013 which advised that Pinnacle had entered into an agreement with Co-ordinated Network Investments (Pty) Ltd. and Hoolican Investments (Pty) Ltd. (entities managed by Sanlam Private Equity) to acquire in one indivisible transaction, 61 152 467 ordinary shares in Datacentrix in an off-market sale and purchase approximating 29.79% of the issued ordinary share capital of Datacentrix (the "Acquisition"), subject to the approval (to the extent required) of the Competition Authorities. The board of directors of Pinnacle announced that on 30 October 2013 Competition Authorities approval was granted, with certain conditions, and accordingly the Acquisition is now unconditional. Pinnacle now owns 33.39% of the issued share capital of Datacentrix.
25-Oct-2013
(Official Notice)
The annual general meeting of Pinnacle shareholders was held today, Friday, 25 October 2013. All the special and ordinary resolutions as set out in the notice of annual general meeting to shareholders, dated 27 September 2013, were approved by the requisite majority of shareholders. The special resolutions, including the change of Company's name to Pinnacle Holdings Limited will be submitted to the Companies and Intellectual Property Commission ("CIPC") in due course for filing or registration where applicable.



The finalisation date announcement, including the final salient dates and times, in respect of the change of name of the Company will be published once proof of registration of the relevant special resolution has been obtained from CIPC.
01-Oct-2013
(Official Notice)
The board of directors of the Company advises shareholders that, with effect from 1 October 2013, Mr FC Smyth has resigned his position as Company Secretary to take up a position at Seacom.



Mr JV Parkin has been appointed as Company Secretary effective immediately.
30-Sep-2013
(Official Notice)
05-Sep-2013
(C)
Revenue for the year ended 30 June 2013 jumped to R6.6 billion (2012: R5.8 billion). Gross profit grew to R1 billion (2012: R908 million), while profit attributable to owners of the company rose to R326 million (2012: R280.6 million). Furthermore, headline earnings was higher at 205.6cps (2012: 175.1cps).



Dividend

Notice is given that a final and only gross dividend of 41cps has been declared by the board of directors.



Prospects

The overall economy faces challenging times ahead, with the consumer becoming more financially constrained than ever and the resources sector, the bedrock of the South African industry, bedevilled by labour and demand issues. Nonetheless, the IT sector has remained resilient in the face of these and other economic challenges and it is envisaged that it will continue to remain reasonably so. Pinnacle Africa has much work to do to bed down its recent acquisitions in rack manufacturing and security products whilst AxizWorkgroup has the most complete set of IT products of any distributor in the industry. It is in the process of setting up its Advanced Technologies division that will bring unparalleled expertise and products under its roof. Infrasol is expanding its services offering and is seeing increased traction, while Centrafin, Pinnacles finance subsidiary, continues to enable transactions to take place within the Group.
02-Sep-2013
(Official Notice)
Shareholders were advised that the board of directors of Pinnacle has appointed an additional executive director, Mr Robert Nadett Nkuna to the board of directors of Pinnacle with effect from 1 September 2013.
14-Aug-2013
(Official Notice)
Pinnacle is pleased to provide guidance to the market, as provided for in section 3.4(b)(i)(2) of the JSE Listings Requirements, regarding the anticipated headline earnings per share ("HEPS") and earnings per share ("EPS") ranges for the financial year ended 30 June 2013.



Shareholders are advised that the Company is reasonably certain that its audited results for the year ended 30 June 2013 will reflect a HEPS and an EPS of between 200 cents per share (cps) and 207 cps respectively, which is between 14% and 18% higher than the HEPS of 175.1 cps and the EPS of 175.4 cps achieved in the comparative period last year.



The above information has not been reviewed or reported on by the Company's auditors. The Company expects to publish its reviewed financial results for the year ended 30 June 2013 at or around the close of business on 4 September 2013 and to issue and publish its audited financial results before the end of September 2013.
06-Jun-2013
(Official Notice)
20-May-2013
(Official Notice)
Pinnacle announced its acquisition of PrecisionICT (Pty) Ltd. ("Precision ICT") and Modrac (Pty) Ltd. ("Modrac") with effect from 1 June 2013, subject inter alia to the completion of a due diligence review.



Precision ICT is an engineering company focused on the design, manufacture and assembly of quality electronic enclosures and server racking for the ICT and other specialist markets. Precision ICT manufactures the popular Modrac? and Envirorac? ranges of products. With a proven market reputation, Precision ICT is the single largest manufacturer of electronic enclosures in Africa and exports products to the United Kingdom, Middle East, Europe and Africa. Both companies operate out of a state of the art 10 000m2 factory in Wynberg, Sandton.



The value of the acquisition is below the minimum threshold for category 2 transactions specified in paragraph 9.5 of the JSE Listings Requirements and the transaction was not concluded with any related parties.
06-Mar-2013
(C)
Revenue for the interim period jumped to R3.1 billion (2011: R2.7 billion). Gross profit soared to R487.5 million (2011: R430.5 million), while earnings before interest, taxation, depreciation and amortisation ("EBITDA") increased to R228.6 million (2011: R196.9 million), and profit attributable to owners of the company rose to R148.4 million (2011: R130.5 million). Furthermore, headline earnings per share continued the upward trend by growing to 93.8cps (2011: 78.3cps).



Dividend

In line with previous years, no interim dividend is proposed for the period under review.



Prospects

Although trading conditions are likely to remain tough, we are reasonably confident that the growth momentum seen in the first half of this year will continue in our existing businesses for the remainder of the financial year. Some of the investments in the value added segments are showing positive signs, which should contribute towards overall Group growth. The creation of a full time executive post in the corporate finance area of the business illustrates our strategic commitment to growth by acquisition. Acquisitive activity will be targeted at new but allied product ranges and markets that own a higher proportion of the supply chain and therefore generate higher margins. We will also look for new geographies that fit our experience and provide sufficient potential. Acquisitions will only be made on an income accretionary basis to reduce the probability of any short-term penalty to the company's share price. Investors are advised the Company?s auditors have not reviewed nor reported on any forward-looking statements in this announcement.

06-Mar-2013
(Official Notice)
Shareholders were advised that the company is pursuing the possibility of issuing a corporate bond in the initial amount of approximately R250 000 000, depending on market conditions.



The proceeds of the bond will be used to replace the existing short term funding of the rapidly expanding finance lease book in Centrafin (Pty) Ltd., the company's financial services subsidiary, and to fund future growth of that book.



The term of the bond is expected to be a maximum of three years.
22-Jan-2013
(Official Notice)
Shareholders are advised that the Company projects that its interim results for the six months ended 31 December 2012 will reflect a HEPS and an EPS of between 91 cents per share ("cps") and 96 cps which is between 16% and 22% higher than the HEPS of 78.3 cps and the EPS of 78.5 cps achieved in the comparative period last year.



The Company's unaudited interim financial results for the six months ended 31 December 2012 are expected to be published on or about 6 March 2013.
10-Dec-2012
(Official Notice)
Pinnacle announced the acquisition of 90% of JAG Engineering (SA) (Pty) Ltd. ("JAG"). JAG is a Johannesburg based company that manufactures server racking, wall boxes and IP enclosures.
29-Nov-2012
(Official Notice)
The board of directors of the company advised shareholders of the following changes to the membership of the board that will take effect from 1 January 2013.



Mr F C Smyth will be relinquishing the post of CFO of the company in order to head up the newly created Corporate Finance Department for the group. He will also take on the post of company secretary and will retain responsibility for board and shareholder management. In order to ensure continued compliance with paragraph 3.84(j) of the JSE Listings Requirements Mr Smyth steps down from the board of Pinnacle.



Mr R D Lyon has been appointed as FD of the group in Mr Smyth's stead and accordingly has been appointed an executive director of Pinnacle with effect from 1 January 2013 in order to ensure continued compliance with paragraph 3.84(g) of the JSE Listings Requirements. Mr J V Parkin steps down as company secretary in order to focus his efforts on his role as COO of the group
31-Oct-2012
(Official Notice)
The board of directors of the company advised shareholders that, with effect from 1 November 2012, Mr P Engelbrecht has resigned as company secretary and Mr J V Parkin has been appointed to the post in his stead.
26-Oct-2012
(Official Notice)
The annual general meeting of Pinnacle shareholders was held on Friday, 26 October 2012. All the special and ordinary resolutions as set out in the notice of annual general meeting to shareholders, dated 28 September 2012, were approved by the requisite majority of shareholders.
28-Sep-2012
(Official Notice)
The summarised annual financial statements, which have been derived from the audited consolidated financial statements for Pinnacle for the year ended 30 June 2012, have been dispatched to shareholders today, 28 September 2012. There has been no change from the reviewed results for the year ended 30 June 2012, released on SENS on 6 September 2012. The annual financial statements were audited by the Company's auditors, BDO South Africa Inc. and their unmodified report is available for inspection at the Company's registered office. The summarised annual report contains a notice of annual general meeting for the Company, which will be held in the boardroom of the Company at the Summit, 269, 16th Street Randjespark, Midrand on Friday, 26 October 2012 at 10:00. The integrated report for the year ended 30 June 2012 will be available on the Company?s website: http://www.pinnacleholdings.co.za/Investors/ from midnight on Sunday, 30 September 2012.
06-Sep-2012
(C)
Revenue increased by 18% to R5.84 billion (2011: R4.96 billion) whilst EBITDA shot up 30% to R419 million (2011: R323 million).Operating profit jumped to R401 million (2011: R314 million). Net profit attributable to equity shareholders rose 27% to R280 million (2011: 220 million). Furthermore, headline earnings per share grew 49% to 175.1 cents per share (2011: 117.7 cents per share).



Dividend

The board declared a final and only gross dividend of 35 cents per share.



Prospects

Pinnacle envisages meeting all the market challenges during the year ahead. This has been re-enforced by our positive first quarter results.



The advent of cloud computing will bring many exciting opportunities to Pinnacle. Private as well as public clouds will require additional investment into data centre infrastructure solutions. Products such as F5 and Bluecoat that enhance the performance, security and availability of these networks will be in high demand as networking speed becomes critical. Pinnacle will also enhance its product offering in the physical security and fire prevention technologies. The launch of Windows 8 will reinvigorate the IT market through the introduction of new enhanced features for both business as well as home users. Infrasol is expanding its services offering and is seeing increased traction, while Centrafin, Pinnacle's finance subsidiary, is adding value to the group's offering.
05-Sep-2012
(Official Notice)
Pinnacle provided further guidance to the market regarding the anticipated headline earnings per share ("HEPS") and earnings per share ("EPS") ranges for the year ended 30 June 2012.



Shareholders are referred to the trading statement released on SENS on 23 July 2012 which stated that the Group?s audited results for the 12 months ended 30 June 2012 was reasonably predicted to reflect a HEPS of between 170 cents per share and 177 cents per share representing an increase in HEPS of between 45% and 50% over the HEPS of 117.7 cents per share for the comparative year and an EPS of between 168 cents per share and 175 cents per share which represents an increase of between 39% and 45% over the EPS of 121.0 cents per share for the comparative year respectively.



Shareholders are now advised that the company is reasonably certain that its HEPS for the 12 months ended 30 June 2012 will still be in that range, but that the range for its EPS will be in the same range as it was advised for its HEPS, i.e. between 170 cents per share and 177 cents per share, which is between 42% and 46% up on last year's EPS of 121 cents per share.



The company's financial results for the year ended 30 June 2012 are expected to be published on or about 7 September 2012.
31-Aug-2012
(Official Notice)
Shareholders are advised that the board of Pinnacle has appointed two additional independent non-executive directors to the board with effect from 31 August 2012 as follows:

* Ms Seadimo Chaba has been appointed to the board of Pinnacle and to its Audit and Risk Committee and its Social and Ethics Committee.

* Mr Erhard van der Merwe has been appointed to the board of Pinnacle and to its Audit and Risk Committee.
08-Aug-2012
(Official Notice)
Pinnacle announced the launch of a sponsored Level 1 American Depository Receipt (''ADR'') programme which will become effective during the week commencing 20 August 2012. Bank of New York Mellon has been appointed as the depository bank for the ADR program. ADRs will trade on the over-the-counter markets in the United States.
23-Jul-2012
(Official Notice)
Shareholders were advised that the company is reasonably certain that its audited results for the year ended 30 June 2012 will reflect a headline earnings per share ("HEPS") of between 170 cents per share and 177 cents per share. This represents an increase in HEPS of between 45% and 50% over the HEPS of 117.7 cents per share for the comparative year.



The company's earnings per share ("EPS") is expected to be between 168 cents per share and 175 cents per share which represents an increase of between 39% and 45% over the EPS of 121.0 cents per share for the comparative year. The company's financial results for the year ended 30 June 2012 are expected to be published on or about 7 September 2012.
28-Jun-2012
(Official Notice)
In the company's announcement of the resignation of Ms NN Mthombeni as a non- executive director of the Company released on SENS on 26 June 2012 it was incorrectly stated that Ms Mthombeni was originally appointed to the board as a representative of Amabubesi Technology Holdings (Pty) Ltd. Ms Mthombeni was in fact appointed as an independent non-executive director and was not employed by Amabubesi nor appointed to the board on its behalf. The error is regretted.
26-Jun-2012
(Official Notice)
Ms Nomvula Nancy Mthombeni has resigned her membership of the board of directors of Pinnacle as an independent non-executive director and as a member of the Audit and Risk Committee of the board with effect from Monday, 25 June 2012. Shareholders will be advised of the appointment of a new independent non-executive director in Ms Mthombeni's stead once the appointment has been finalised.
18-May-2012
(Official Notice)
Shareholders are referred to the circular to Pinnacle shareholders dated 17 April 2012 regarding the amendments to The Pinnacle Share Purchase Scheme. Shareholders are advised that at the general meeting of Pinnacle shareholders held on 18 May 2012, both ordinary resolutions were approved by the requisite majority of shareholders to approve the amendments.
17-Apr-2012
(Official Notice)
Shareholders are advised that a circular containing detail of the amendments to the Pinnacle Share Purchase Scheme to accord with Schedule 14 of the JSE Listings Requirements including, inter alia, a notice convening a general meeting, was posted today. The general meeting is to be held at the registered office of the company: The Summit, 269, 16th Road, Randjespark, Midrand, 1685 at 09:00 on Friday, 18 May 2012, to consider and, if deemed fit, to pass, with or without modification, the ordinary resolution authorising the amendments to the Pinnacle Share Purchase Scheme. The salient dates and times in relation to the general meeting are as follows:

* General meeting to be held at 09:00 on Friday, 18 May

* Results of general meeting released on SENS on Friday, 18 May
14-Mar-2012
(C)
Revenue for the interim period jumped to R2.7 billion (2010: R2.1 billion). Gross profit soared to R430.5 million (2010: R306 million), while earnings before interest, taxation, depreciation and amortisation ("EBITDA") increased to R196.9 million (2010: R133.2 million), and profit attributable to owners of the company rose to R130 million (2010: R86.9 million). Furthermore, headline earnings per share continued the upward trend by growing to 78.3cps (2010: 48cps).



Dividend

In line with previous years, no interim dividend is proposed for the period under review.



Prospects

Diversification of the group's revenue streams into additional vertical and horizontal markets continues to bear fruit, resulting in growth of turnover and margin. Increased activities in the public sector combined with large ICT tenders being issued bodes well for the year ahead. The integration of Axiz and Workgroup to create the new unit AxizWorkgroup will be completed by the end of our current financial year, and this should continue to contribute positively to the turnover and profit growth of the Group. It is anticipated that software sales in AxizWorkgroup will return to normality in the coming months due to nine additional software agencies that were added to its basket of offerings.



Pinnacle Africa continues its growth plan in Africa, with Botswana showing 100% growth year-on-year, with plans to duplicate the same efforts in Namibia. Projects to open offices in two other African countries are almost complete, which will allow the Group to participate in the exciting growth potential on the African continent. While still relatively small, the continued growth and excitement around the group's project orientated business will aid to the future growth and profitability of the group. Financial services continue to aid the rest of the group's sales efforts and will show continued future growth. The group intends to remain acquisitive and plans to keep on diversifying the markets it operates in through well planned acquisitions.
28-Feb-2012
(Official Notice)
Pinnacle provided further guidance to the market regarding the anticipated interim headline earnings per share ("HEPS") and earnings per share ("EPS") ranges for the six months ended 31 December 2011. Shareholders are referred to the trading statement dated 24 January 2012 stating that for the six months ended 31 December 2011 the company's HEPS and EPS was projected to be not less than 75 cents per share which is higher than the results of the comparative period by at least 56% in each case. Shareholders are advised that the company is reasonably certain that its interim results for the six months ended 31 December 2011 will reflect a HEPS and EPS of between 76 cents per share and 80 cents per share which is between 58% and 67% higher than both the HEPS and EPS of 48.0 cents per share of the comparative period last year. The company's unaudited interim financial results for the six months ended 31 December 2011 are expected to be published on or about 15 March 2012.
09-Feb-2012
(Official Notice)
Shareholders are advised that Mr Mthandazo Peter Moyo has resigned his membership of the board of directors of Pinnacle (the "Board") as a non-executive director and as a member of audit and risk committee of the board with effect from today, 9 February 2012. Shareholders will be advised of the appointment of a new independent non- executive director in Mr Moyo's stead once the appointment has been finalised.
05-Dec-2011
(Official Notice)
18-Nov-2011
(Official Notice)
The annual general meeting of Pinnacle shareholders was held on Friday, 18 November 2011. All the special and ordinary resolutions as set out in the notice of annual general meeting to shareholders, dated 12 October 2011, were approved by the requisite majority of shareholders. The special resolutions will be filed with the Companies and Intellectual Property Commission in due course.
27-Oct-2011
(Official Notice)
21-Oct-2011
(Official Notice)
Shareholders are referred to the terms announcement released on SENS on Monday, 17 October 2011 and in the press on Tuesday, 18 October 2011 regarding the acquisition of Explix, (previously Moyahabo Digital Solutions Pty Ltd) from Sebmat Investment Group Pty Ltd and Blade Financial Services Pty Ltd, ("the transaction"). Shareholders were advised that the independent expert, Mazars Corporate Finance (Pty) Ltd has concluded that the terms of the transaction are fair and the fairness opinion has been approved by the JSE. The fairness opinion is available for inspection at the company's registered office for 28 days from the date of this announcement.
21-Oct-2011
(Official Notice)
The integrated annual report, containing the audited annual financial statements for the company for the year ended 30 June 2011, has been dispatched to shareholders on 21 October 2011 and contains the following modifications to the reviewed results published on SENS and in the press on Friday, 16 September 2011:

Statement of cash flows, before - after:

* Net profit before tax: 309 638 - 309 638

* Non cash flow items: 10 661 - 7 475

* Cash from operations: 320 299 - 317 113

* Cash from working capital: (78 009) - (80 707)

* Taxation paid: (103 556) - (103 176)

* Cash flow from operations: 138 734 - 133 230

* Cash utilised in investing activities: (207 927) - (202 422)

* Cash flows from financing activities: 7 133 - 7 132

* Decrease in cash and cash equivalents: (62 060) - (62 060)



The differences were due to reallocations that arose out of the final audit. The annual financial statements were audited by the company's auditors, BDO South Africa Inc and their unmodified report is available for inspection at the company's registered office.



The annual report contains a notice of annual general meeting for the company, which will be held on Friday, 18 November 2011 at 10:00 (or at any adjournment or postponement thereof) in the boardroom of the registered offices of Pinnacle, at The Summit, 269, 16th Road, Randjespark, Midrand, to transact the business as stated in the annual general meeting notice forming part of the integrated annual report.
17-Oct-2011
(Official Notice)
Pinnacle issued a cautionary announcement on 14 October 2011 advising that the company has entered into negotiations which, if successfully concluded, may have a material effect on the price of the company's securities. The acquisition of Explix Business Solutions (Pty) Ltd, is unrelated to the cautionary announcement which remains in effect until further notice.
17-Oct-2011
(Official Notice)
14-Oct-2011
(Official Notice)
Shareholders were advised that Pinnacle has entered into negotiations which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders were advised to exercise caution when dealing in the company's securities until a full announcement was made.
19-Sep-2011
(Media Comment)
Business Report mentioned that, Pinnacle Technology Holdings is eyeing more acquisitions after two business it bought last year contributed more than half of the company's 57 percent revenue growth in the year to June. The group's revenue increased to R4.96 billion. The provider of information communication technology products and services said organic revenue growth was 24 percent, with the rest contributed by the acquisitions. "The biggest highlight is really the performance and growth that the acquisitions brought but also the fact that the rest of the group did well," Pinnacle chief financial officer Chris Smyth said. Smyth said Pinnacle was pursuing new acquisitions and new products although there was nothing solid to announce at this point. "We see a lot of potential especially in countries like Nigeria and Angola."
16-Sep-2011
(C)
Revenue increased to R5 billion (R3.2 billion). Gross profit rose to R744.4 million (R479.6 million) and EBITDA improved by more than 50% to R322.9 million (R208.3 million). Operating profit increased to R314.2 million (R189.1 million). Net attributable profit was up by more than 50% to R220.2 million (R139.3 million). Headline earnings grew by 45% to 117.7 (81.3cps).



Dividend

A final ordinary dividend of 23cps has been proposed.



Outlook

Market sentiment is mixed at present with concerns emerging over the continuing inability of Europe to resolve debt crises in Greece, Ireland and the Iberian Peninsula and the threat of over a double dip recession from the USA. Global markets continued to recover at a restrained pace, as western governments drive their economies with stimulus packages. International risk, however, remains finely balanced.



The key for the group remains growth while continuing to focus on cost containment to reduce pressure on revenue generation. The group is constantly striving to acquire new product agencies and businesses throughout the continent that will assist in the diversification of the group's existing markets, products, geography and clientele.
13-Sep-2011
(Official Notice)
Pinnacle provided further guidance to the market regarding the anticipated headline earnings per share ("HEPS") and earnings per share ("EPS") ranges for the year ended 30 June 2011. Shareholders are referred to the trading statement dated 9 June 2011 stating that for the 12 months ended 30 June 2011 the company's HEPS and EPS was projected to be higher than the results of the comparative period by at least 30% and 38% respectively. Shareholders are advised that the company is reasonably certain that its audited results for the 12 months ended 30 June 2011 will reflect a HEPS of between 43% and 46% higher than the HEPS of 81.3 cents per share of the comparative year with an increase in EPS of between 55% and 60% over the EPS of 76.7 cents per share of the comparative year. The company's financial results for the year ended 30 June 2011 are expected to be published on or about 16 September 2011.
19-Aug-2011
(Official Notice)
Mrs Daphne Mashile-Nkosi has been appointed to the board of Pinnacle as an independent non-executive director and the new chairperson of the board with effect from Thursday, 18 August 2011.
04-Aug-2011
(Official Notice)
Shareholders are referred to the announcement released on SENS on Monday, 4 July 2011 and in the press on Tuesday, 5 July 2011, in which the details regarding the DataNet Infrastructure Group (Pty) Ltd acquisition were set out (the "DataNet acquisition") and the second announcement released on SENS on Friday, 29 July 2011 and in the press on Monday, 1 August 2011 in which the details regarding the acquisition of an additional interest in Centrafin (Pty) Ltd ("Centrafin acquisition") were set out. The independent expert, Mazars Corporate Finance (Pty) Ltd has concluded that the terms of the DataNet acquisition and the Centrafin acquisition with the related parties are fair as far as the shareholders of Pinnacle are concerned. Copies of the fairness opinions are available for inspection at the company's registered office for 28 days from the date of this announcement.
01-Aug-2011
(Official Notice)
It is with sadness and regret that Pinnacle announces the passing of its Chairman Mr Cyril Deveraux Biddlecombe on Saturday 30 July 2011. In terms of paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Mr Ashley Tugendhaft will act as chairperson of the board until the directors elect a new chairperson in due course.
29-Jul-2011
(Official Notice)
04-Jul-2011
(Official Notice)
24-Jun-2011
(Official Notice)
Shareholders are referred to the circular to Pinnacle shareholders dated Wednesday, 25 May 2011 relating to the repurchase by Pinnacle and Pinnacle Holdings Ltd, a subsidiary of Pinnacle, of 20 million shares from Amabubesi Technology Holdings (Pty) Ltd ("the transaction"). Shareholders were advised that at the general meeting of Pinnacle shareholders, both of the special resolutions and the ordinary resolution were approved by the requisite majority of shareholders to effect the transaction.
09-Jun-2011
(Official Notice)
Shareholders were advised that for the twelve months ending 30 June 2011 headline earnings per share are projected to be at least 106 cents per share, being at least 30% higher than the results of the comparative period (30 June 2010: 81.3 cents per share). Earnings per share is also projected to be at least 106 cents per share, (based on 181 976 409 shares) being at least 38% higher than the results of the comparative period (30 June 2010: 76.7 cents per share, based on 181 474 983 shares). The company's financial results for the twelve months ending 30 June 2011 are expected to be published on or about middle of September 2011.
26-May-2011
(Official Notice)
Pinnacle shareholders are referred to the announcement released on SENS on 3 May 2011 and in the press on 4 May 2011 where they were advised that Pinnacle had entered into an agreement with Amabubesi Technology Holdings (Pty) Ltd ("Amabubesi") in terms of which Pinnacle and Pinnacle Holdings Ltd, a subsidiary of Pinnacle, would repurchase shares from Amabubesi amounting to 20 million shares (the "repurchase"). A circular containing details of the repurchase, including, inter alia, a notice convening a general meeting, was posted to shareholders today. The general meeting is to be held at the registered office of the company; The Summit, 269, 16th Road, Randjespark, Midrand, 1685 at 10:00 on Friday, 24 June 2011, to consider and, if deemed fit, to pass, with or without modification, the special and ordinary resolutions authorising the repurchase of shares from Amabubesi.



The salient dates and times in relation to the general meeting are as follows:

*Last day to lodge forms of proxy by 10:00 on -- Thursday, 23 June 2011

*General meeting to be held at 10:00 on -- Friday, 24 June 2011

*Results of the general meeting released on SENS -- Friday, 24 June 2011

*Results of the general meeting published in the press -- Monday, 27 June 2011



All times indicated above are South African times. Shareholders will be notified of any amendments to the above dates or times on SENS and in the press.
03-May-2011
(Official Notice)
13-Apr-2011
(Official Notice)
Shareholders are advised that Pinnacle has entered into negotiations 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 full announcement is made.
06-Apr-2011
(Official Notice)
Shareholders are advised that Philip Engelbrecht has been appointed as the company secretary of Pinnacle with effect from 1 April 2011.
17-Mar-2011
(C)
Revenue increased to R2.1 billion (R1.5 billion) and gross profit rose to R300.6 million (R222.2 million). Earnings before interest, depreciation and amortisation ("EBITDA") improved to R133.2 million (R89.1 million), while operating profit grew drastically to R126.8 million (R74.3 million). Net profit attributable to ordinary equity holders improved to R86.9 million (R53.8 million). Also, headline earnings per share climbed to 48cps (34.3cps).



Dividend

In line with previous years, no interim dividend is proposed for the period under review.



Prospects

Pinnacle continues to diversify its revenue streams with the addition of international brands to add and expand on hardware, software and infrastructure technologies. The addition of Axiz will afford Pinnacle the opportunity to expand or develop its footprint in large and medium corporate market segments. The positive economic outlook should however be considered in light of uncertainty in the retail and government forecasts relating to the next six months.
14-Mar-2011
(Official Notice)
In addition to the guidance that was released on SENS on Wednesday, 9 February 2011 Pinnacle's shareholders are informed that, for the six months ended 31 December 2010, Pinnacle's turnover increased by 43% to R 2.1 billion (31 December 2009: R1.5 billion). Earnings per share is projected to be between 46.5 and 49.5 cents per share, being between 57% and 67% higher than the results of the comparative period (31 December 2009: 29.6 cents per share). Headline Earnings per share is projected to be between 46.4 and 49.5 cents per share, being between 35% and 44% higher than the results of the comparative period (31 December 2009: 34.3 cents per share). It is anticipated that the company's financial results for the 6 months ended 31 December 2010 will be published on or about 18 March 2011.
25-Feb-2011
(Official Notice)
Shareholders are advised that Chris Smyth has been appointed as CFO and Financial Director of Pinnacle with effect from 16 March 2011.



09-Feb-2011
(Official Notice)
The JSE Listings Requirements require that companies advise stakeholders as soon as the Directors have reasonable certainty that the results will differ from the comparative results by more than 20%, even if they do not have reasonable certainty in terms of providing a range. The Board hereby confirms that the earnings indicators for the six months ended 31 December 2010 will be higher than the comparative results of the prior year, and that the margin of the increase is likely to exceed 20%. A customary detailed trading statement will be provided once the range has been determined. The above information has not been reviewed or reported on by the company's auditors.

11-Jan-2011
(Official Notice)
Shareholders are advised that Mr Hano Coetzee has resigned as financial director and company secretary of the group with effect from 31 January 2011 to pursue personal interests. Shareholders will be advised of the new financial director once the appointment has been finalised.
24 Nov 2010 13:08:47
(Official Notice)
Shareholders are referred to the SENS announcements dated 20 July 2010 and 29 October 2010, where they were advised that Pinnacle had entered into an agreement to acquire 100% of the issued equity of Axiz ("the transaction"), subject to certain conditions precedent being met. The Board of Directors of Pinnacle is pleased to announce that all of the conditions precedent have been met and that the transaction is therefore unconditional and materially completed.



For the 12 months ended 31 December 2009, Axiz's audited consolidated Financial Results reflected Revenue of R1 755, 59 531 and Net Profit after Taxation ("NPAT") of R18 287 157. Shareholders are reminded of Pinnacle's stated long term intention to materially increase NPAT as percentage of Revenue for its new subsidiary. The Pinnacle unaudited interim results for the 6 months ending 31 December 2010 will be announced during the week beginning 21 February 2011.

29 Oct 2010 15:48:08
(Official Notice)
Shareholders are referred to a detailed terms announcement dated 20 July 2010 where they were advised that Pinnacle has entered into an agreement to acquire 100% of the issued equity of Axiz. Shareholders are hereby advised that the company has received Competition Commission approval. The remaining conditions precedent are expected to be fulfilled within the next two weeks.
29 Oct 2010 11:21:29
(Official Notice)
The annual general meeting of Pinnacle shareholders was held on Friday, 29 October 2010. All the special and ordinary resolutions as set out in the notice of annual general meeting to shareholders, dated 15 September 2010, were approved by the requisite majority of shareholders. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office in due course.



Shareholders are therefore advised that a cash dividend of 16 cents per share has been ratified and the salient dates are as follows:

*Last day to trade "CUM" dividend Friday, 12 November 2010

*Ordinary shares trade "EX" dividend Monday, 15 November 2010.

*Record date to be recorded in the register to participate in the dividend distribution Friday, 19 November 2010.

*Payment to shareholders in respect of the dividend distribution Monday, 22 November 2010.

*No share certificates may be dematerialised or rematerialised between Monday, 15 November 2010 and Friday, 19 November 2010, both days inclusive.

30 Sep 2010 15:37:09
(Official Notice)
The annual report, containing the audited financial statements for the company and the Group for the year ended 30 June 2010, was dispatched to shareholders on 30 September 2010. There has been no change from the reviewed results for the year ended 30 June 2010, released on SENS and in the press on Tuesday, 14 September 2010. The annual financial statements were audited by the company's auditors, BDO South Africa Inc. and their unmodified report is available for inspection at the company's registered office. The annual report contains a notice of annual general meeting for the company, which will be held in the boardroom of the company at The Summit, 269, 16th Street Randjespark, Midrand on Friday, 29 October 2010 at 10:00.
14 Sep 2010 08:26:47
(C)
Revenue grew to R3.2 billion (2009: R2.8 billion), gross profit improved to R479.6 million (2009: R438.7 million). EBITDA rose to R208.3 million (2009: R167.4 million), while operating profit increased to R189.1 million (2009: R158.6 million). Furthermore, profit attributable to ordinary shareholders jumped to R139.3 million (2009: R105.5 million) and headline earnings per share improved to 81.3cps (2009: 72.5cps).



Dividends

A dividend of 16 cents per ordinary share has been declared for the year under review.



Prospects

Market sentiment is largely positive, with market indicators reporting improved earnings and jobs data. During the run up to and the hosting of the 2010 soccer world cup, government showcased its ability to effectively execute high value projects on time. Improvements in economic efficiency resulting from the new road infrastructure and improved policing and law enforcement resulting from these investments should pay dividends for all South Africans for years to come. Improved risk management and reporting strategies should contribute to a global platform for sustained, stable growth. The group will, however, continue to focus on cost containment to reduce pressure on revenue generation. Working capital management and cash generation will continue to enjoy attention as the group aims to further improve its balance sheet and corresponding credit ratings. The group is constantly striving to acquire new product agencies and businesses that will assist in the diversification of the group's existing markets, products and clientele, and trust we will be able to report positive feedback on this in the foreseeable future.







30 Aug 2010 11:20:39
(Official Notice)
Pinnacle's shareholders were informed that, for the twelve months ended 30 June 2010, Pinnacle's turnover increased by 11.8% to R3.167 billion (30 June 2009: R2.8 billion). Fully diluted headline earnings per share is projected to be between 79.8 and 82.8 cents per share, being between 35% and 40% higher than the results of the comparative period (30 June 2009: 59.1 cents per share). Net tangible asset value per share is projected to be between 268 cents per share and 278 cents per share being between 31.9% and 36.8% higher than the results of the comparative period (30 June 2009: 203.3 cents per share)



The acid test ratio is expected to be 1.03 (30 June 2009: 1.00) and long term debt as percentage of equity 3.7% (30 June 2009: 5.75%) Stakeholders are advised that the expiry of the put option on 30 June 2009, relating to the 37 281 647 shares held by Amabubesi Investments (Pty) Ltd, has removed the IFRS requirement to add back these shares when calculating the weighted average shares in issue as used in earnings and headline earnings per share calculations. For that reason, stakeholders were advised to consider fully diluted headline earnings per share when comparing financial performance per share to prior years, as fully diluted headline earnings per share has previously been highlighted as the correct standard and based on the total number of shares held by equity owners. Earnings per share is however projected to be between 75.1 and 78.1 cents per share, (based on 181 474 943 shares) being between 3.6% and 7.7% higher than the results of the comparative period (30 June 2009: 72.5 cents per share, based on 148 411 482 shares). Headline earnings per share is expected to be between 79.6 and 82.7 cents per share (based on 181 474 943 shares), being between 9.8% and 14.1% higher than the results of the comparative period (30 June 2009: 72.5 cents per share, based on 148 411 482 shares).



The company's financial results for the twelve months ended 30 June 2010 are expected to be published on or about 14 September 2010. The full year results presentation will be held at Investec Bank in Sandton on 14 September 2010 and Investec Bank in Cape Town on 15 September 2010. Presentation details are available from Allecia Haveman on Alleciah@pinnacle.co.za, telephone number 011-265-3025.
05 Aug 2010 14:20:19
(Official Notice)
The board hereby advises that it has reasonable certainty that the earnings indicators for the year ended 30 June 2010 will be more than 20% higher than the comparative results of the prior year, although a final range cannot reasonably be determined as yet. A customary detailed trading update will be provided once the range has been determined. The above information has not been reviewed or reported on by the company's auditors.

20 Jul 2010 08:03:55
(Official Notice)
23 Jun 2010 11:09:22
(Official Notice)
Further to the cautionary announcement released on SENS on Friday, 14 May 2010 and in the press on Monday, 17 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.
14 May 2010 17:06:07
(Official Notice)
Shareholders are advised that Pinnacle has entered into negotiations 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 full announcement is made.
25 Mar 2010 13:54:38
(Official Notice)
Shareholders are advised that Mrs Nomvula Mthombeni has accepted an appointment as non-executive director of Pinnacle with effect from 1 April 2010.
23 Feb 2010 15:36:59
(C)
Revenue increased from R1.3 billion to R1.5 billion in 2009. Gross profit increased to R222.2 million (2008:R214.9 million) and operating profit increased to R74.3 million (2008:R66.0 million). Profit attributable to ordinary shareholders increased to R53.8 million (R44.2 million). Headline earnings on a per share basis increased to 34.30cps (30.40cps).



Dividends per share

No interim dividend was declared for the period under review



Prospects

The roll-out of fibre and wireless bandwidth solutions, the deregulation of national backbones and associated cost reductions continue to drive mobility and connectivity solutions in the South African market. The adoption rate of these technologies and solutions remain high and dependency on ICT solutions for day- to-day business requirements and service delivery is expected to support hardware and software spend in the commercial and government sectors. Pinnacle continues to diversify its revenue streams with the addition of international brands to add and expand on hardware, software and infrastructure technologies. The addition of Fujitsu, Sharp and Samsung amongst others, will enable Pinnacle to expand or develop its offering in data centre, audio-visual and office automation market segments. The positive economic outlook should however be considered in light of uncertainty in the retail and government forecasts relating to the next six months.
11 Feb 2010 11:14:13
(Official Notice)
Pinnacle's shareholders are informed that, for the six months ended 31 December 2009, Pinnacle's turnover increased by 8.2% to R1.465 billion (2008: R1.354 billion).

Fully diluted headline earnings per share is projected to be between 33.3 and 35.3 cps, being between 33.7% and 41.8 % higher than the results of the comparative period (2008: 24.9 cps). Stakeholders are advised that the expiry of the put option on 30 June 2009, relating to the 37 281 647 shares held by Amabubesi Investments (Pty) Ltd, has removed the IFRS requirement to add back these shares when calculating the weighted average shares in issue as used in earnings and headline earnings per share calculations.



Earnings and headline earnings per share is therefore based on the increased number of 181 836 624 shares (2008:145 497 603) Stakeholders are advised therefore to consider Fully diluted headline earnings per share when comparing financial performance per share to prior years, as fully diluted headline earnings per share has previously been based on the total number of shares held by equity owners. Earnings per share is projected to be between 28.6 and 30.6 cps, (based on 181 836 624 shares) being between 5.9% lower and 0.7% higher than the results of the comparative period (2008: 30.4 cps, based on 145 497 603 shares).



Headline earnings per share is expected to be between 33.3 and 35.3 cps (based on 181 836 624 shares), being between 9.5% and 16.1% higher than the results of the comparative period (31 December 2008: 30.4 cents per share, based on 145 497 603 shares).



The company's financial results for the 6 months ended 31 December 2009 are expected to be published on or about 23 February 2010. The half year results presentation will be held at Investec Bank in Sandton on 24 February and Investec Bank in Cape Town on 25 February 2010.
30 Oct 2009 11:42:03
(Official Notice)
The annual general meeting of Pinnacle shareholders was held on Friday, 30 October 2009. All the special and ordinary resolutions as set out in the notice of annual general meeting to shareholders, dated 21 September 2009, were approved by the requisite majority of shareholders. The special resolution will be submitted for registration at the Registrar of Companies in due course. Shareholders are therefore advised that a dividend of 12 cps has been ratified and the salient dates are as follows:

*Last day to trade "CUM" dividend - Friday 13 November 2009

*Ordinary shares trade "EX" dividend - Monday 16 November 2009

*Record date to be recorded in the register to participate in the dividend distribution - Friday 20 November 2009

*Payment to shareholders in respect of the dividend distribution - Monday 23 November 2009

20 Oct 2009 10:04:13
(Official Notice)
Shareholders are advised that Mrs Grathel Motau has resigned as independent non-executive director of the group with effect from 19 October 2009.
01 Oct 2009 17:31:10
(Official Notice)
The annual report, containing the audited financial statements for the company for the year ended 30 June 2009, has been dispatched to shareholders on Wednesday, 30 September 2009. There has been no change from the reviewed results for the year ended 30 June 2009, released on SENS on Tuesday, 15 September 2009 and in the press on Wednesday, 16 September 2009. The annual report contains a notice of annual general meeting for the company, which will be held in the boardroom of the company at The Summit, 269 16th Street Randjiespark, Midrand on Friday, 30 October 2009 at 10:00.
15 Sep 2009 09:06:11
(C)
Revenue increased by 14% from R2.4 billion to R2.8 billion in 2009. Gross profit increased to R438.6 million (2008:R380.5 million) and operating profit increased to R158.6 million (2008:R151.2 million). Profit attributable to ordinary shareholders increased to R110.1 million (R104.8 million). Headline earnings on a per share basis grew to 72.50cps (70.0cps).



Dividends per share

A final dividend of 12 cps was declared for the period under review.



Prospects

New technologies in virtualisation, security, networking and communication as well as the continued convergence of voice, data and video in day-to-day business and private applications will offer opportunities for technology providers. The launch of Microsoft's new operating system, Windows 7 as well as the expected launch of Microsoft Office 2010 will create opportunities for both hardware and software resellers. Technology advances and reduced bandwidth and technology costs will contribute to the adoption of new technology in the SME and residential markets. Implementation of wired and wireless residential and small commercial networks is expected to become a main stream business opportunity. Pinnacle continues to reap the rewards of the diversification strategies embarked on with the acquisition of WorkGroup, RentNet and Tricon as well as the continued efforts to expand the range of international branded products offered by the group, and the board trusts that it will be able to report positive feedback in the near future.

04 Sep 2009 10:13:01
(Official Notice)
Pinnacle's shareholders are informed that, for the twelve months ended 30 June 2009, Pinnacle's turnover increased by 16% to R 2.89 billion (30 June 2008: R2.5 billion). Fully diluted headline earnings per share is projected to be between 58c and 62c per share, being between 1.4% and 8.4% higher than the results of the comparative period (30 June 2008: 57.2c per share). Stakeholders are reminded that the above results include a foreign exchange loss of R32 million realized on uncovered foreign denominated liabilities incurred during the devaluation of the ZAR in October 2008. Fully diluted headline earnings per share, if adjusted for the exceptional foreign exchange loss, is expected to be between 68c and 73c per share, being between 19% and 27% higher than the previous year (30 June 2008: 57.2c per share). Earnings per share is projected to be between 71c and 75c per share, being between 2.5% and 8.2% higher than the results of the comparative period (30 June 2008: 69.3c per share). Headline earnings per share is projected to be between 71c and 75c per share, being between 1.4% and 7.1% higher than the results of the comparative period (30 June 2008: 70c per share). During the period under review the balance sheet was strengthened considerably. Cash flows from operations amounted to R127 million (30 June 2008: R78 million). Net cash on hand increased from R77 million to R164 million, long term debt was reduced to 3% of equity and net tangible asset value has increased 60% from 126.8c per share to 203 cents per share. The above information has not been reviewed or reported on by the company's auditors. The company's financial results for the 12 months ended 30 June 2009 are expected to be published on or about 14 September 2009.
23 Feb 2009 16:31:34
(C)
During the six months ended 31 December 2008, group revenue increased by 39% to R1.354 billion compared to the corresponding six-month period to 31 December 2007. The group reported headline earnings of 30.4cps (34.3cps).



Dividends

In line with previous years, no interim dividend is proposed for the period under review.



Prospects

Management's expectations for the remainder of the year are moderated by the volatility of the Rand and the effects of the global markets on South Africa. Whilst operations are manageable at current exchange levels, further deterioration of the South African Rand, should it occur, is expected to impact ICT spending in the SME and retail segments. Global market conditions have effectively limited and, in certain cases, cancelled bank facilities previously available to the group's customers. The lack of cash in the market is thus expected to impact negatively on collection terms and may lead to an increase in collection charges over the remainder of the year. Significant potential, however, remains. Attention will be afforded to develop annuity-based revenues and to market, distribute and support technologies that drive down overall cost of ICT ownership, targeted at Pinnacle's government and corporate customer base. New, small form factor notebooks, known as Netbooks, have introduced affordable, portable ICT solutions to value market segments, and tier-one servers introduces another product set with which to target the corporate market segment. Government continues to invest in the education of citizens through investment in IT infrastructure. Value-added solutions to address government initiatives in education, law enforcement and home affairs require ongoing commitment and support, which Pinnacle is ready to provide on a national basis.
18 Feb 2009 09:29:29
(Official Notice)
Pinnacle's turnover increased by 39.0% to R1 354 053 000 (2007: R974 372 000), gross profit realized 15.88% (2007: 17.47%) and operating profit margins projected at 4.9% (2007: 7.3%). EPS is therefore projected to be between 29 and 31 cents per share, being between 15.5% and 9.6% lower than the results of the comparative period (2007: 34.3c). Headline earnings per share is expected to be between 29 and 31 cents per share, being between 15.5% and 9.6% lower than the results of the comparative period (2007: 34.3c).



The company's financial results for the 6 months ended 31 December 2008 are expected to be published on or about 23 February 2009.
30 Sep 2008 17:52:01
(Official Notice)
The annual report, containing the audited financial statements for the company for the year ended 30 June 2008, has been dispatched to shareholders on Tuesday, 30 September 2008. There has been no change from the audited results for the year ended 30 June 2008, released on SENS on Thursday, 18 September 2008 and in the press on Friday, 19 September 2008. The annual report contains a notice of annual general meeting for the company, which will be held in the boardroom of the company at The Summit, 269 16th Street Randjiespark, Midrand on Friday, 31 October 2008 at 10:00.
18 Sep 2008 07:32:55
(C)
Revenue increased by 45% to R2.5 billion (R1.7 billion) and EBITDA rose to R158.4 million (R114.4 million). Net profit attributable to ordinary shareholders increased to R102.9 million (R74.8 million). Cash flow from operations yielded R78.2 million, versus an outflow of R21.5 million the previous year. In addition, headline earnings on a per share basis grew to 70cps (51.6cps).



Dividend

A final ordinary dividend of 12cps has been declared.



Prospects

Despite the tough economic and social conditions experienced during the past six months, South Africa is enjoying a period of sustained GDP growth. Reducing broadband costs, internet-based services and the roll-out of high- speed wireless networks have introduced increased levels of communication to an eager South African market making information and communications technology, more than ever before, a vital part of business and everyday life.



Pinnacle's diversified and compelling brands and varied channels to market allow the company to compete effectively in tough economic conditions and we shall pursue opportunities as they arise. The promise offered by the introduction of Hewlett Packard, Lexmark, Lenovo and IBM to our product portfolio is expected to benefit sales but will impact gross profit and EBITDA margins in 2009, mandating additional focus on group efficiencies.
04 Sep 2008 13:28:31
(Official Notice)
Pinnacle`s shareholders are informed that, for the twelve months ended 30 June 2008, Pinnacle`s turnover increased by 45.5% to R2 496 300 000 (30 June 2007: R1 715 844 000), gross profit attained 15.2% (30 June 2007: 16.1%) and operating profit margins are expected to achieve 6.1% (30 June 2007: 6.3%). Earnings per share is therefore is projected to be between 68.3 and 71.3 cents per share, being between 33.4% and 39.3% higher than the results of the comparative period (30 June 2007: 51.2 cents per share). Headline earnings per share is expected to be between 69.4 and 72.4 cents per share, being between 34.5% and 40.3% higher than the results of the comparative period (30 June 2007: 51.6 cents per share). The company?s financial results for the 12 months ended 30 June 2008 are expected to be published on or about 18 September 2008.
03 Apr 2008 10:31:27
(Official Notice)
Shareholders are referred to the SENS announcement dated 7 December 2007 and interim results announcement dated 19 February 2008 wherein they were advised that Pinnacle has entered into an agreement to acquire 100% of the issued share capital and shareholders' loans of Tri Continental Distribution S.A. (Pty) Ltd, subject to Competition Commission approval and certain conditions precedent. As announced, Tricon distributes internationally recognized IBM and Lenovo notebooks, personal computers, printers and servers in South Africa. The acquisition of Tricon is considered strategic as it grants the group access to marketing channels, market segments and product sets not available to it previously. Shareholders are hereby advised that all the conditions precedent, including Competition Commission approval have been fulfilled and that the acquisition therefore is unconditional.
19 Feb 2008 12:11:03
(C)
12 Feb 2008 14:54:20
(Official Notice)
Pinnacle's shareholders are informed that, for the six months ended 31 December 2007, Pinnacle's turnover increased by 33.7% to R974 372 (R728 867), gross profit margins increased to 17.5% (15.6%) and operating profit margins increased to 7.3% (7.0%). Earnings per share is therefore projected to be between 34.0cps and 35.0cps, being between 53.8% and 58.4% higher than the results of the comparative period (22.1cps). Headline earnings are expected to be between 34.0cps and 35.0cps, being between 51.1% and 55.6% higher than the results of the comparative period (22.5c). Fully diluted headline earnings per share is projected to be between 27.8 and 29.0cps, being between 50.3% and 56.8% higher than the results of the comparative period (18.5cps). The above information has not been reviewed or reported on by the company's auditors. The company's financial results for the 6 months ended 31 December 2007 are expected to be published on or about 19 February 2008.
26-Oct-2007
(Official Notice)
The annual general meeting of Pinnacle shareholders was held on Friday, 26 October 2007. All the ordinary and special resolutions as set out in the notice of annual general meeting to shareholders, dated 21 September 2007, were approved by the requisite majority of shareholders. Shareholders are therefore advised that the capital distribution of 10cps was approved. The salient dates of the capital distribution are as follows:

*Last day to trade "cum" capital distribution -- Friday, 9 November 2007

*Ordinary shares trade "ex" capital distribution -- Monday, 12 November 2007

*Record date to be recorded in the register to participate in the capital distribution -- Friday, 16 November 2007

*Payment to shareholders in respect of the capital distribution -- Monday, 19 November 2007

No share certificates may be dematerialised or re-materialised between Monday, 12 November 2007 and Friday, 16 November 2007, both days inclusive. Where applicable, payment in terms of certificated shareholders will be transferred electronically to the shareholder bank accounts on the payment date. In the absence of specific mandates, payment cheques will be posted to certificated shareholders at their risk on the payment date. Shareholders who have dematerialised their shares will have their share accounts and their Central Securities Depository Participant or broker credited on the payment date.
14 Jun 2006 08:16:12
(Official Notice)
Pinnacle has reached agreement with:

* Hendev (Pty) Ltd in terms of which Pinnacle will acquire 35% of the issued share capital of Explix (Pty) Ltd and related shareholders claims for a total purchase consideration of R 25 739 113; and

* ITCM Channel Management (Pty) Ltd in terms of which Pinnacle will acquire 15% of the issued share capital of Explix and related shareholders claims for a minimum purchase consideration of R 7 669 710.

The acquisition of the share capital from Hendev and ITCM will be effective from 1 March 2006, subject to the fulfillment of certain conditions precedent.
31 May 2006 13:31:43
(Official Notice)
Mtandazo Peter Moyo has been appointed as a non-executive director, effective 30 May 2006 to the board of directors of Pinnacle.
25 May 2006 10:48:07
(Official Notice)
The following appointments to the board of directors of Pinnacle have been made:

*Grathel Motau -- Non- Executive Director (effective 22 May 2006)

*Hano Coetzee -- Financial Director (effective 22 May 2006)
03 May 2006 11:57:32
(Official Notice)
Pinnacle has entered into an agreement to acquire 40% of the ordinary shares of RentNet. On conclusion of the transaction, RentNet will be a wholly owned subsidiary of the group. None of the conditions precedent stipulated in the agreement remain unfulfilled. The effective date of the transaction was 1 January 2006. The purchase consideration for the shares in RentNet was settled in R2 090 000 cash and 135 135 Pinnacle shares. At the current market price of R2.39 per share the total consideration amounts to R 2 412 973.
04 Apr 2006 12:09:56
(Official Notice)
At the general meeting held on Tuesday, 4 April 2006 at 10h00, the ordinary and special resolutions proposed to introduce Amabubesi as a black economic empowerment shareholder into the company, were approved by the required majority of ordinary shareholders. The special resolutions will be lodged with CIPRO today for registration.
14 Mar 2006 12:05:25
(C)
Continued improvement of the Pinnacle business model, favourable international and domestic economic conditions as well as increased market share continue to contribute to the financial results across the group. Revenue increased by 95% to R391 million (R201 million). Primary growth factors included the proportional consolidation of Explix Technologies (Pty) Ltd of R107 million (Nil), previously reported under the equity method of business combinations, and a noteworthy improvement of 48% in infrastructure and support turnover to R278 million (R188 million). The group reported an operating profit of R23.2 million (R8.9 million) and moved into a net interest earned position on the settlement of non-current liabilities, improved cash management and effective treasury functions. Net profit for the period rose to R17.2 million (R5.9 million). Headline earnings grew to R17.6 million (R6.2 million) which translated into headline earnings per share of 12.2c (4.1c).



Dividends

No interim dividend is proposed for the period under review.



Future prospects

The convergence of IT, home entertainment and mobile technologies will usher in a new wave of enabling and entertainment focused product offerings over the next five years. Combined with the imminent launch of Microsoft and Intel's new 64 bit technologies, management believe demand for ICT products will be stimulated in all sectors of the market. Reliable data storage and disaster recovery technologies are fast becoming a necessity in all sectors of the economy as SME, corporate and government clients are increasingly dependent on information technology for their effective operation. Pinnacle remains actively committed to the delivery of fit for purpose solutions across these various sectors. Under the guidance of the African renaissance programme, NEPAD, school laboratories in Mauritius and Uganda were equipped with Proline hardware. On completion of the assessment phase a number of projects are expected to be awarded to successful contributors. Pinnacle remains confident in its ability to participate and contribute in this highly regarded endeavour.
13 Mar 2006 09:00:34
(Official Notice)
Pinnacle has signed a subscription agreement with Amabubesi in terms of which Amabubesi will be introduced as a black economic empowerment equity partner to Pinnacle. Amabubesi will acquire and subscribe for 20% in aggregate of the total issued share capital of Pinnacle. The general meeting will be held on 4 April2006 and the results of the meeting will be announced on SENS on the same day.
02 Mar 2006 15:11:55
(Official Notice)
Pinnacle's shareholders are informed that, for the six months ended 31 December 2005, Pinnacle's headline earnings are expected to be between 11.8c and 12.2c per share, being between 288% and 298% of the results of the comparative period (4.1c). Pinnacle's earnings are expected to be between 11.5c and 11.9c per share, being between 295% and 305% of the results of the comparative period (3.9c). The company's interim results for the six months ended 31 December 2005 are expected to be published on or about 14 March 2006.
28 Nov 2005 17:30:54
(Official Notice)
28 Oct 2005 14:41:21
(Official Notice)
Shareholders are further advised that at the annual general meeting of Pinnacle ordinary shareholders held on Friday, 28 October 2005, all the special and ordinary resolutions proposed were approved by the required majority of ordinary shareholders. The special resolutions will be lodged with the Registrar of Companies for registration in due course.



Dividend declaration :

During the annual general meeting a dividend distribution to Pinnacle shareholders of 4 cents per share, was confirmed.
28 Oct 2005 14:36:28
(Official Notice)
At the general meeting of Pinnacle ordinary shareholders, held on Friday, 28 October 2005 at 11h00, the ordinary resolutions relating to the acquisition by Pinnacle of the remaining 35% equity interest in Pinnacle Micro Cape (Pty) Ltd and the creation of the Pinnacle BEE Share Purchase Scheme, were approved by the required majority of ordinary shareholders.
24 Oct 2005 11:48:32
(Official Notice)
Shareholders are referred to the cautionary announcement dated 8 September 2005 and are advised that the company is still in negotiations regarding the acquisition of a 20% shareholding by a Black Economic Empowerment entity, which if successfully concluded may have an effect on the price of the company's securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's securities until a further announcement is made.
27 Sep 2005 13:42:29
(Official Notice)
The annual report containing audited financial statements for the company for the year ended 30 June 2005 has been dispatched to shareholders on Tuesday, 27 September 2005. There has been no change from the audited results for the year ended 30 June 2005, released on SENS on 8 September 2005. The annual report contains a notice of the annual general meeting for the company, which will be held at 10h00 on Friday, 28 October 2005 at the offices of the company at Pinnacle Park, 269-16th Street, Randjiespark, Midrand.
09 Sep 2005 10:33:49
(Official Notice)
As a result of the ongoing negotiations regarding the acquisition of a 20% shareholding by a BEE entity, shareholders are advised to exercise caution when dealing in the companys securities until a full announcement is made.
08 Sep 2005 18:18:03
(C)
22 Jun 2005 14:27:47
(Official Notice)
Pinnacle has advised that management`s review of the financial results expected for the year ending 30 June 2005 has indicated that Pinnacle will post improvements in headline earnings per share and earnings per share of between 55% and 75% compared to the respective audited headline earnings per share of 8.9c and earnings per share of 8.5c for the corresponding period ended 30 June 2004. The financial results on which this trading statement has been based have not been reviewed or reported on by the group`s auditors. The financial results of the group will be published on about 14 September 2005.
09 Jun 2005 14:44:17
(Official Notice)
Pinnacle has entered into an agreement to acquire the remaining 35% of the shareholding in Pinnacle Micro Cape (Pty) Ltd from Craig Nowitz, Rudi Thietz and Tim Humpreys-Davies, who are directors of Pinnacle Micro Cape, effective 1 January 2005. The purchase price will be settled by a cash payment of R 4 900 000 and the issue of 3 230 769 Pinnacle treasury shares. At an average market price of 75cps the total purchase price amounts to R7 323 077.

09 Jun 2005 14:43:19
(Official Notice)
Shareholders are hereby advised that Pinnacle has acquired 5 412 415 of it`s own ordinary shares on the open market for a total purchase consideration of R 4 123 660. The general repurchase was effected in terms of a general authority to Pinnacle`s directors, which was granted in terms of special resolution number 1 passed by the members at Pinnacle`s AGM held on 29 October 2004 and comprises 3.63% of the total issued ordinary shares at the date of the AGM.

07-Mar-2017
(X)
Alviva Holdings is one of Africa's largest providers of Information and Communication Technology products and services. Through its subsidiaries the Group offers hardware and software products, implementation solutions and maintenance services together with structured finance solutions.



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