HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

05-Nov-2018
(Official Notice)
On 02 November 2018, the company cancelled and de-listed 32 853 168 ordinary no par value shares.



These shares were acquired as part of a general repurchase by the company in terms of the general authority to repurchase shares approved by the shareholders of the company at the Annual General Meeting held on 22 January 2018.



The ordinary shares cancelled represent 3.47% of the issued capital of the company immediately prior to such cancellation. Following cancellation, the issued share capital of the company will now comprise 913 655 873 ordinary no par value shares.
28-Sep-2018
(Official Notice)
BlueTel's Audited Annual Financial Statements for the year ended 31 May 2018 (?Group Annual Financial Statements?) have been published and will be available on the Company?s website (www.bluelabeltelecoms.co.za).



No change statement

The BlueTel Group Annual Financial Results for the year ended 31 May 2018 (including the nature of the Independent Auditor?s Report), published on the Stock Exchange News Service of the JSE on 22 August 2018, are unchanged and therefore the Company will not be publishing an abridged report.



Notice of AGM

Shareholders are advised that the Notice of the Company?s Annual General Meeting (?AGM?) of shareholders, incorporating summarised annual financial statements for the year ended 31 May 2018 (?Notice of AGM?), will be distributed to BlueTel shareholders and will be available to BlueTel?s shareholders on Friday, 28 September 2018, together with the 2018 Integrated Annual Report and Group annual financial statements for the year ended 31 May 2018, on the Company?s website (www.bluelabeltelecoms.co.za).



Notice was given that the eleventh AGM of BlueTel shareholders will be held at BlueTel?s corporate offices, 75 Grayston Drive, Sandton on Thursday, 29 November 2018 at 10:00 to transact the business as stated in the Notice of AGM.
29-Aug-2018
(Official Notice)
Shareholders are advised that Blue Label?s B-BBEE Annual Compliance Report for the financial year end 31 May 2018, which is required in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003, as amended, and paragraph 16.21(g) of the JSE Listings Requirements, is available on Blue Label?s website www.bluelabeltelecoms.co.za/sus-bee-compliance.

22-Aug-2018
(C)
Revenue for the year increased to R26.800 billion (2017: R26.470 billion), operating profit lowered to R1.098 billion (2017: R1.175 billion), net profit for the year attributable to equity holders of the parent rose to R993.6 million (2017: R781.3 million), while headline earnings per share grew to 115.42 cents per share (2017: 114.19 cents per share0.



Company prospects

The Group is accelerating its programme of providing point of sale devices to traders within the informal market and hereby enable them to distribute BlueTel's product offerings.



BlueTel is one of the primary distribution channels for Cell C products and services. The investment in Cell C provides opportunities to realise synergies and enhance product distribution initiatives.



3G Mobile continues to expand its handset financing model to include other products.



Airvantage has concluded an agreement with a large network operator in Brazil where it will replicate its business model.



BlueTel Mexico is seeing consistent growth in revenue, improved gross profit margins and compounding annuity revenue generated from starter pack sales. This is expected to result in a positive contribution to Group earnings within the year ahead.
21-Aug-2018
(Official Notice)
Blue Label shareholders are advised that Cell C Proprietary Ltd., of which Blue Label holds 45%, has released its financial results for the six months to end June 2018.



The results presentation is available on Blue Label?s website: www.bluelabeltelecoms.co.za/inv-presentations.php Full Cell C results will be available on the Blue Label website on 31 August 2018.



For further information please contact:

Investor and Media Relations

Telephone: +27 11 523 3000

Email: investors@blts.co.za

20-Jul-2018
(Official Notice)
Blue Label noted the recent share price movements and the queries received from investors regarding Brett and Mark Levy?s Contract For Difference (?CFD?) exposure in relation to their interest in Blue Label. Their exposure stems from transactions done and announced on SENS, on 29 August, 3 September, 11 September 2008 and 4 March 2015, and their exposure remains unchanged at 14 million shares each.



Brett and Mark Levy, who intend to buy out their position once the current closed period has ended, will cover any margin call resulting from recent share price movements. Blue Label are currently in a closed period as defined in the JSE Listings Requirements and look forward to presenting full year financial results on or about 22 August 2018.



Brett and Mark Levy used c. 7.9 million shares each as collateral, in a lending transaction during May 2018. The beneficial interest remains with Brett and Mark Levy. Therefore, no directors dealing was triggered in terms of the JSE Listings Requirements.



Brett Levy shares held at end May 2017 were 84 427 825 and shares held at end May 2018 are 84 711 164.



Mark Levy shares held at end May 2017 were 77 020 416 and shares held at end May 2018 are 77 303 755.
29-May-2018
(Official Notice)
Blue Label shareholders are advised that Cell C Ltd., of which Blue Label holds 45% of the issued share capital, has concluded a long term wholesale national roaming agreement with MTN. This agreement provides substantial value to both parties and specifically seeks to significantly improve the quality of a Cell C customers? roaming experience through the addition of seamless 3G and LTE roaming.



The agreement?s implementation will commence in July 2018. The new partnership between Cell C and MTN introduces an era where economies of scale can be exploited, and will enhance Cell C?s product and service offerings to its customers.
23-May-2018
(Official Notice)
Blue Label will be hosting a conference call to deal with requests for further explanation of elements of Cell C?s historic financial disclosure on 24 May 2018, 5pm, South African time.



Participant telephone numbers (Assisted) -

Johannesburg (Telkom): 010 201 6800

Johannesburg (Neotel): 011 535 3600

USA and Canada: 1 508 924 4326

UK: 0 333 300 1418



Conference replay -

Replay Access Code: 10013867

South Africa: 010 500 4108

UK: 0 203 608 8021

Australia: 073 911 1378

USA: 1 412 317 0088

International: +27 10 500 4108
01-Mar-2018
(Official Notice)
Blue Label shareholders are referred to the announcements released by the Company on the Stock Exchange News Service of the JSE Ltd. on 27 June 2017, 7 August 2017 and 26 February 2018.



Blue Label is pleased to advise shareholders that it has today, 1 March 2017 fully discharged the R1.9 billion 3G purchase consideration and is now the owner of 100% of 3G.
27-Feb-2018
(Official Notice)
Further to the announcement dated 26 February 2018 in respect of the opening of the accelerated bookbuild, Blue Label is pleased to announce that it has successfully completed its accelerated bookbuild (?Bookbuild?) offering of new ordinary shares (?Bookbuild Shares?) and the book is now closed.



There was strong demand for the Bookbuild, which was considerably oversubscribed. The maximum number of Bookbuild Shares, being 72,000,000 new Blue Label shares, will be issued at a price of R12.50 per share, raising gross proceeds of ZAR900 million (before expenses). The Bookbuild Shares will represent 7.6% of the ordinary issued share capital of the Company after their issue.



The price represents a discount of 2.2% to the 30-day VWAP on 26 February 2018 of a Blue Label Share.



Subject to approval by the JSE Limited, listing and trading of the Bookbuild Shares is expected to commence at 09h00 on Friday, 2 March 2018.
26-Feb-2018
(Official Notice)
22-Feb-2018
(C)
20-Feb-2018
(Official Notice)
BlueTel shareholders are advised that Cell C (Pty) Ltd., of which BlueTel holds 45% of the issued share capital, presented its financial results for the year ended 31 December 2017 on 20 February 2019. A copy of the presentation is available on BlueTel?s website ? www.bluelabeltelecoms.co.za
15-Feb-2018
(Official Notice)
Shareholders are advised that the basic, headline and core headline earnings per share for the six months ended 30 November 2017 are expected to increase by more than 20% as against the six months ended 30 November 2016. The table below illustrates the ranges anticipated against the comparative period:

Earnings per share Reported Nov 2016; Earnings per share Range Nov 2017; Cents Increase to Nov 2017 and Percentage Increase

Earnings per share - 81.78c; 159.25c - 175.61c; 77.47c - 93.83c; 95% - 115%

Headline earnings per share - 81.78c; 158.51c - 174.86c; 76.73c - 93.08c; 94% - 114%

Core headline earnings per share - 82.86c; 160.13c - 176.71c; 77.27c - 93.85c; 93% - 113%



A reasonable degree of certainty exists that core headline earnings per share for the six months ended 30 November 2017 are expected to increase to between 160.13 and 176.71 cents per share, equating to a growth of between 93% and 113% on the comparative period.



The increase in basic, headline and core headline earnings per share is inclusive of the Group?s share of an increase in a deferred tax asset recognised by Cell C and the consequent positive impact thereon on Group earnings. The quantum of the increase in this asset amounts to R1.92 billion, of which the group?s 45% share is R865 million.



Conversely, in the comparative period, the investments in Oxigen Services India, Oxigen Online Services India and 2DFine Holdings Mauritius were accounted for as investments in associates and joint venture, applying the equity method up until 30 November 2016. From that date onwards these entities have been accounted for as venture capital investments at fair value. The net effect thereof, resulted in a positive contribution to Group earnings of R135 million in the comparative period and in turn a negative impact on earnings in the current period in this regard.



The interim results are scheduled for release on Thursday, 22 February 2018.
22-Jan-2018
(Official Notice)
BlueTel shareholders are advised that at the Annual General Meeting (?AGM?) of members held on Monday, 22 January 2018, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members.
11-Dec-2017
(Official Notice)
BlueTel shareholders (?Shareholders?) are referred to the announcement released by the company on SENS on Monday, 7 August 2017 regarding the successful completion of the initial acquisition by BlueTel?s wholly owned subsidiary, The Prepaid Company (Pty) Ltd. (?TPC?), of 47.37% of the issued share capital of 3G for a purchase consideration of R900 million.



BlueTel is pleased to advise Shareholders that the acquisition by TPC of the remaining 52.63% of the issued share capital of 3G, for a purchase consideration of R1.0 billion, has been approved by the Competition Tribunal. This was the last condition to the transaction, which shall be implemented in February 2018.



3G, being a supplier and financier of handsets and tablets for mobile network operators, adds an exciting business opportunity to the BlueTel stable of companies, and with its ability to leverage off BlueTel?s network, 3G will be BlueTel?s new platform for expansion into new markets and into different hardware products, in addition to its current business.
30-Nov-2017
(Official Notice)
BlueTel announced that the Independent Communications Authority of South Africa (?ICASA?) confirmed that Cell C (Pty) Ltd. (?Cell C?) followed the correct process in the notification of its recapitalisation transaction and that it has complied with all applicable regulations. BlueTel is pleased that a final decision has been made by ICASA. The recapitalisation of Cell C has been hugely successful in that it promotes the interests of the economy, the telecommunications industry and the consumer.
30-Nov-2017
(Official Notice)
BlueTel's Audited Annual Financial Statements for the year ended 31 May 2017 (?Group Annual Financial Statements?) have been published and will be available on the Company?s website (www.bluelabeltelecoms.co.za).



No change statement

The BlueTel Provisional Annual Financial Results for the year ended 31 May 2017 (including the nature of the Independent Auditor?s Report), published on the Stock Exchange News Service of the JSE on 24 August 2017, are unchanged and therefore the Company will not be publishing an abridged report.



BEE annual compliance

Shareholders are advised that, in terms of section 13G(2) of the Broad-Based Black Economic Empowerment (?BEE?) Act, the Company?s BEE Annual Compliance Report for the 2017 financial year has been included in the Group Annual Financial Statements, and is available on the Company?s website (www.bluelabeltelecoms.co.za).



Notice of AGM - publication of AR

Shareholders are advised that the Notice of the Company?s Annual General Meeting of shareholders, incorporating summarised annual financial statements for the year ended 31 May 2017 (?Notice of AGM?), will be distributed to BlueTel shareholders today and will be available to BlueTel's shareholders on Thursday, 30 November 2017, together with the 2017 Integrated Annual Report and consolidated annual financial statements for the year ended 31 May 2017, on the Company?s website (www.bluelabeltelecoms.co.za).



Notice is hereby given that the tenth Annual General Meeting of BlueTel shareholders will be held at BlueTel?s corporate offices, 75 Grayston Drive, Sandton on Monday, 22 January 2018 at 10:00 to transact the business as stated in the Notice of Annual General Meeting.



The board of directors of the Company has determined, in accordance with the Companies Act, 71 of 2008, as amended, that the date on which a BlueTel shareholder must be registered in the Company?s register of shareholders in order to:

- receive the Notice of AGM is Friday, 24 November 2017; and

- participate in and vote at the AGM is Friday, 12 January 2018.



The last date to trade to participate in and vote at the AGM is Tuesday, 09 January 2018.
02-Nov-2017
(Official Notice)
BlueTel shareholders were advised that Cell C Ltd., of which BlueTel holds 45% of the issued share capital, will be undertaking a local and international investor roadshow from Thursday, 2 November to Friday, 10 November 2017. A copy of the investor presentation, which will be presented to members of the investment community, is available on BlueTel?s website ? www.bluelabeltelecoms.co.za
24-Aug-2017
(C)
08-Aug-2017
(Media Comment)
Business Report highlighted that Blue Label Telecoms shareholders, with the approval of two deals worth R7.4 billion, is cementing its telecoms position. Blue Label completed its bid to buy a 45 percent stake in Cell C for R5.5 billion, through its wholly-owned subsidiary, The Prepaid Company. Blue Label shareholders last week also gave the green light for its R1.9 billion deal to acquire a 47.37 percent stake in 3G Mobile. Blue Label joint chief executive Brett Levy said that the transaction is the most significant in Blue Label's history and marks a milestone for the group's strategy.
07-Aug-2017
(Official Notice)
Blue Label shareholders are referred to the announcement released by the Company on the Stock Exchange News Service of the JSE Ltd. on Thursday, 27 July 2017, as well as to the circular issued to shareholders dated Tuesday, 27 June 2017 (?Circular?).



Capitalised terms used but not otherwise defined in this announcement have the meaning ascribed to them in the Circular.



Blue Label advises shareholders that the Cell C Recapitalisation has been fully implemented, resulting in Cell C?s Net Borrowings being reduced to below R6 billion, and Blue Label, through its wholly-owned subsidiary, The Prepaid Company, now owns 45% of the issued share capital of Cell C.



07-Aug-2017
(Official Notice)
Blue Label shareholders are referred to the announcement released by the Company on the Stock Exchange News Service of the JSE Ltd. on Thursday, 27 July 2017.



Blue Label advises shareholders that the initial acquisition by its wholly-owned subsidiary, The Prepaid Company (Pty) ltd., of 47.37% of the issued share capital of 3G for a purchase consideration of R900 million has been implemented.

27-Jul-2017
(Official Notice)
Blue Label shareholders are referred to the announcements released by the Company on the Stock Exchange News Service of the JSE Ltd. on Monday, 19 June 2017 and Tuesday, 27 June 2017, as well as to the circular issued to Shareholders dated Tuesday, 27 June 2017 (?Circular?). Capitalised terms used but not otherwise defined in this announcement have the meaning ascribed to them in the Circular. Shareholders are advised that at the general meeting of Blue Label Shareholders held on Wednesday, 26 July 2017 (?General Meeting?), all the resolutions set out in the notice and proposed at the meeting were passed without modification by the requisite majority of Shareholders.



Update on the conditions precedent to the Cell C Recapitalisation and 3G Acquisition

Cell C Recapitalisation

Closing of the Cell C Recapitalisation is anticipated to commence on Tuesday, 1 August 2017, and as a result, Cell C?s Net Borrowings will be reduced to a maximum of R6 billion, and the Cell C Recapitalisation will be complete. As a result, Blue Label will undertake the Cell C Vendor Consideration Placement by placing 183,333,333 authorised but unissued Blue Label shares with committed third party investors, in terms of the relevant subscription agreements, at a price of R15.00 per Blue Label share so as to raise R2.75 billion to part fund the participation by Blue Label, through its wholly-owned subsidiary The Prepaid Company, in the Cell C Recapitalisation.



3G Acquisition

Following the General Meeting referred to above, the initial acquisition by Blue Label through its wholly-owned subsidiary, The Prepaid Company, of 47.37% of the issued share capital of 3G is anticipated to close on Friday, 28 July 2017. As a result, Blue Label will undertake the 3G Acquisition Issue by issuing 16,666,666 authorised but unissued Blue Label shares to the shareholders of 3G at a price of R15.00 per Blue Label share, as R250 million part payment towards the 3G purchase consideration. Subject to approval by the JSE, the listing and trading of 199,999,999 new Blue Label shares is expected to commence on or about Thursday, 3 August 2017.
27-Jun-2017
(Official Notice)
27-Jun-2017
(Official Notice)
19-Jun-2017
(Official Notice)
01-Jun-2017
(Official Notice)
Blue Label shareholders (?Shareholders?) are referred to the cautionary announcements released on the Stock Exchange News Service of the JSE Ltd. on 27 February and 11 April 2017. Shareholders are hereby advised that the process regarding the conclusion of the relevant transaction agreements in respect of the recapitalisation of Cell C (Pty) Ltd. (?Cell C?), which encapsulate the principles contained in the binding umbrella restructure agreement(?Cell C Recapitalisation?), is progressing.



As contemplated in the original Cell C Recapitalisation approved by Shareholders at the General Meeting held on 16 November 2016, NET1 UEPS Technologies Inc, (?NET1?), had committed to subscribe for R2.0 billion of Blue Label shares as a vendor consideration placement (?Vendor Consideration Placement?). NET1 furthermore agreed to invest a further R2.0 billion directly into Cell C in consideration for a 15% shareholding in Cell C. NET1 and Blue Label have agreed that NET1 shall confine its investment to a total amount of R2.0 billion, which will be invested into Cell C, and as such, Net 1 will no longer participate in the Vendor Consideration Placement in Blue Label.



In light of the above, Blue Label has signed binding subscription agreements with alternative third party investors in terms of which they will, subject to the requisite Shareholder approval and the Cell C Recapitalisation becoming unconditional, subscribe for R2.0 billion of Blue Label shares in terms of a vendor placement at a price of R15. 00 per share. Blue Label has further obtained irrevocable undertakings from in excess of 50% of its shareholders to vote in favour of the Cell C Recapitalisation and the aforementioned vendor placements.



As a result of the above, and possible consequential amendments to the Cell C Recapitalisation, Shareholders are advised that a revised circular to shareholders will be published and that in the interim they should continue to exercise caution when dealing in the Company?s securities until a further detailed announcement is made.
11-Apr-2017
(Official Notice)
Further to the cautionary announcement dated 27 February 2017, Blue Label shareholders (?Shareholders?) are hereby advised that the process regarding the conclusion of the relevant transaction agreements which encapsulate the principles contained in the binding umbrella restructure agreement is progressing as expected.



Accordingly, Shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
28-Feb-2017
(C)
Revenue for the interim period grew to R12.2 billion (R12.9 billion). Operating profit increased to R659.8 million (R573.2 million). Net profit for the period attributable to equity holders shot up to R545.2 million (R349.2 million). In addition, headline earnings per share jumped to 81.78cps (53.26cps).



Prospects

The board remains positive with regard to the investment in Cell C and other commercial benefits that will follow therefrom.



The demand for low-cost smart phones and tablets is expected to accelerate and in turn enhance revenue and profitability.



The financing of the mobile device element of postpaid contracts as well as that of providing short-term finance for emergency top-ups are initiatives that are currently under consideration.



Losses in BLM are expected to continue to decline with the advent of sustainable improved gross profit margins and increased annuity revenue generated from starter packs.



A ?big Data? programme has consolidated and aggregated transactions across various divisions within the Group which will create the opportunity to upsell and cross-sell the bouquet of various products and services that Blue Label has to offer through their distribution channels.
27-Feb-2017
(Official Notice)
Blue Label shareholders (?Shareholders?) are referred to the announcement released on the Stock Exchange News Service of the JSE Limited on 14 November 2016 (?Update Announcement?). Defined terms in this announcement shall bear the same meanings ascribed to them in the Update Announcement.



Blue Label is pleased to advise Shareholders that a binding umbrella restructure agreement has been entered into by Blue Label, Cell C, debt providers of Cell C, a third party investor and other relevant parties in terms of which, inter- alia:

- the maximum Net Borrowings of Cell C will be reduced to approximately R6.0 billion;

- the third party investor is to subscribe for 15% of the share capital of Cell C for R2.0 billion; and

- Blue Label?s subscription for 45% of the share capital of Cell C remains unchanged.



The binding restructure agreement is subject to the conclusion of the relevant transaction agreements, which agreements are expected to be unconditional by no later than 30 June 2017.



The conclusion of the transaction may have a material effect on the price of the company?s securities. Accordingly, Shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made.
17-Feb-2017
(Official Notice)
14-Feb-2017
(Official Notice)
Shareholders are advised that Blue Label?s interim financial results which were due for release on Tuesday, 21 February 2017 have been postponed for release to Tuesday, 28 February 2017.



11-Jan-2017
(Official Notice)
Shareholders are advised that Mr Yusuf Mahomed has tendered his resignation as a director of Blue Label and a member of the sub committees to the Board due to reasons of poor health, with immediate effect.
08-Dec-2016
(Official Notice)
Blue Label shareholders are advised that at the Annual General Meeting (?AGM?) of members held on Thursday, 08 December 2016, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members.
16-Nov-2016
(Official Notice)
Blue Label shareholders are advised that at the General Meeting (?GM?) of members held on Wednesday, 16 November 2016, all the ordinary resolutions as proposed in the Notice of the General Meeting were approved by the requisite majority of members. In this regard, Blue Label confirms the voting results at the GM as follows:



*Total number of shares that could be voted at meeting -100%; 674 509 042

*Total number of shares present/represented including proxies at meeting - 84%; 567 992 622

*Total number of members present - 50



14-Nov-2016
(Official Notice)
Blue Label shareholders (?Shareholders?) are referred to the announcement released on the Stock Exchange News Service (?SENS?) of the JSE Ltd., on Wednesday, 5 October 2016 (?Transaction Announcement?), and the further announcement released on SENS on Tuesday, 1 November 2016 (?Update Announcement?).



Blue Label announced that the terms of the Proposed Transaction, as defined in the Transaction Announcement, have been amended. The effect of the amendment is to reduce the Net Borrowings, as defined in the Transaction Announcement, of Cell C (Pty) Ltd. (?Cell C?) upon the implementation of the Proposed Transaction from a maximum of R8.0 billion to a maximum of R6.0 billion, which reduction is anticipated to allow Cell C to realise significant operating and financial flexibility and is expected to strongly enhance Blue Label?s investment prospects in Cell C. Blue Label has been informed by Cell C that it is progressing discussions with its funding providers to secure the Net Borrowings of up to R6.0 billion.



The agreement to reduce the maximum Net Borrowings has resulted in, inter alia, the following amendments to the conditions precedent to the Proposed Transaction with a corresponding delay in the anticipated implementation date of the Proposed Transaction:

- the Net Borrowings of Cell C at the date implementation of the Proposed Transaction will be reduced to a maximum of R6.0 billion;

- the effective date of the Proposed Transaction will be the second business day after the last of the conditions precedent to the Proposed Transaction have been fulfilled or waived, as the case may be, or such other date as may be agreed upon between the parties;

- the latest date for the fulfilment or waiver, as the case may be, of the final condition precedent to the Proposed Transaction will be 28 February 2017 (previously 31 December 2016).



The effective date of the Proposed Transaction is anticipated to be before the end of February 2017.
09-Nov-2016
(Official Notice)
Shareholders are advised that the company?s Notice of Annual General Meeting for the financial year ended 31 May 2016, which incorporates the summarised financial statements, was distributed to Blue Label?s shareholders on Wednesday, 09 November 2016. The complete set of audited financial statements (including the external auditor, Blue Label Audit, Risk and Compliance Committee and directors report for the financial year ended 31 May 2016), together with Blue Label?s corporate governance and remuneration reports, are available on Blue Labels website www.bluelabeltelecoms.co.za.



No change statement

The annual financial statements contain no modifications to the audited results which were published on SENS on 24 August 2016.



Notice of Annual General Meeting

Notice is hereby given that the ninth Annual General Meeting of Blue Label shareholders will be held at Blue Label?s corporate offices, 75 Grayston Drive, Sandton on Thursday, 08 December 2016 at 09:00 to transact the business as stated in the Notice of Annual General Meeting.
01-Nov-2016
(Official Notice)
Blue Label shareholders (?Shareholders?) are referred to the announcement released on the Stock Exchange News Service of the JSE, on Wednesday, 5 October 2016 (?Transaction Announcement?), in which the Company announced the final terms of its offer to participate, in conjunction with other investors, in the recapitalisation of Cell C (Pty) Ltd. (?Cell C?) (the ?Proposed Transaction?).



As detailed in the Transaction Announcement, a condition precedent to the Proposed Transaction was the completion by Cell C of a bond placement process which, taking into account the amounts payable by the other investors, would result in its existing net borrowings, comprising any contractual obligations pertaining to monies borrowed, including shareholder loans, less cash and cash equivalents being reduced to a maximum of R8.0 billion (?Maximum Net Borrowings?).



Blue Label has been informed by Cell C that the bond placement has been withdrawn and that the Maximum Net Borrowings is anticipated to be achieved without the necessity to do so via a bond placement.
18-Oct-2016
(Official Notice)
05-Oct-2016
(Official Notice)
01-Sep-2016
(Official Notice)
Shareholders are advised that Ms Phuti Mahanyele has been appointed as an independent non executive director to the Blue Label Board and as a member to the Blue Label Audit, Risk and Compliance Committee with effect from 01 September 2016.

29-Aug-2016
(Official Notice)
Further to the cautionary announcement dated 14 July 2016, shareholders are hereby advised that the process regarding Blue Label?s participation in the recapitalisation of Cell C (Pty) Ltd. is ongoing, which, if successfully concluded, may have a material impact on the price at which Blue Label shares trade on the JSE Ltd. Accordingly, shareholders are advised to continue exercising caution when dealing in their shares until a further announcement is made.
24-Aug-2016
(C)
Revenue increased to R26.2 billion (R22.0 billion). Operating profit grew to R1.1 billion (R986.1 million). Net profit attributable to equity holders rose to R691.6 million (R577.6 million). In addition, headline earnings per share jumped to 100.35 cents per share (82.26 cents per share).



Dividend

The Group?s current dividend policy is to declare an annual dividend. On 23 August 2016 the board approved a gross ordinary dividend (dividend number 7) of 36 cents per ordinary share (30.6 cents per ordinary share net of dividend withholding tax) for the year ended 31 May 2016.



Prospects

The participation in the recapitalisation of Cell C (Pty) Ltd. (Cell C) by way of subscription of shares therein is progressing positively. Management are of the opinion that the transaction is compelling both from an investment and commercial perspective.



The Group is well positioned to meet the increased demand for low cost smart phones and tablets, through its extensive distribution network in South Africa and beyond its borders.



The distribution of prepaid electricity will continue to grow, through enhanced government initiatives to roll out additional prepaid electricity meters throughout South Africa.



New initiatives at Blue Label Mexico, including the escalation of starter pack distribution, will contribute to a reduction in losses that have arisen from its aggressive roll out strategy.



OSI will focus on enhancing its mobile wallet subscriber base, with increased marketing to the vast unbanked population in India. This will result in growth in transactional revenue and the intrinsic value of the wallet subscriber base which has accumulated to 22.6 million active wallets at present.
15-Aug-2016
(Official Notice)
Shareholders are advised that that the headline and core headline earnings per share for the year ended 31 May 2016 is expected to increase by more than 20% as against the year ended 31 May 2015. The table below illustrates the ranges anticipated against the comparative period:



Earnings per share - percentage increase

* Headline earnings per share : 16.45c - 18.10c - 20% - 22%

* Core headline earnings per share : 16.17c - 17.87c - 19% - 21%

* Earnings per share : 15.63c - 17.37c - 18% - 20%



Historically, a measurement of the Group's performance and the growth thereon was based on core earnings per share. This has been substituted to core headline earnings per share which is a more informative measurement of the day-to-day operations of the Group.



Core headline earnings per share represents the headline earnings of the Group after adjusting for the amortisation of intangible asset write offs net of taxation and non-controlling interests as a consequence of purchase price allocations in terms of IFRS requirements. This adjustment reflects the underlying financial performance of the Group.



The increase in earnings is predominantly attributable to organic growth, underpinned by a hybrid of an expanded customer base supported by an enhanced bouquet of products and services afforded to it. In addition the Group has continued to confine operational costs.



The results are scheduled for release on Wednesday, 24 August 2016.
14-Jul-2016
(Official Notice)
Further to the cautionary announcement dated 10 December 2015, shareholders are hereby advised that the process regarding Blue Label?s participation in the recapitalisation of Cell C (Pty) Ltd. is ongoing, which, if successfully concluded, may have a material impact on the price at which Blue Label shares trade on the JSE Ltd. Accordingly, shareholders are advised to continue exercising caution when dealing in their shares until a further announcement is made.
07-Jun-2016
(Media Comment)
According to Business Report Blue Label Telecoms gained the most in 20 months on the JSE after the company said it would sponsor the Springboks for their three match series against Ireland. The company's stock gained as much as 7.3 percent. Blue Label Telecoms branding will appear on the Springbok jersey for the Ireland series.
01-Jun-2016
(Official Notice)
Further to the cautionary announcement dated 10 December 2015, shareholders are hereby advised that the process regarding Blue Label?s participation in the recapitalisation of Cell C (Pty) Ltd. is ongoing, which, if successfully concluded, may have a material impact on the price at which Blue Label shares trade on the JSE Ltd. Accordingly, shareholders are advised to continue exercising caution when dealing in their shares until a further announcement is made.
22-Apr-2016
(Official Notice)
Further to the cautionary announcement?s dated 10 December 2015, 26 January 2016 and 8 March 2016, shareholders are hereby advised that negotiations regarding Blue Label?s participation in the recapitalisation of Cell C (Pty) Ltd. are ongoing, which, if successfully concluded, may have a material impact on the price at which Blue Label shares trade on the JSE Ltd.



Accordingly, shareholders are advised to continue exercising caution when dealing in their shares until a further announcement is made.
08-Mar-2016
(Official Notice)
Further to the cautionary announcements dated 10 December 2015 and 26 January 2016, shareholders are hereby advised that negotiations regarding Blue Label?s participation in the recapitalisation of Cell C (Pty) Ltd. are ongoing, which, if successfully concluded, may have a material impact on the price at which Blue Label shares trade on the JSE Ltd.



Accordingly, shareholders are advised to continue exercising caution when dealing in their shares until a further announcement is made.





24-Feb-2016
(C)
10-Feb-2016
(Official Notice)
Shareholders are referred to the trading statement that was released on 11 December 2015 and are now advised that the company is in the process of finalising its results for the six months ended 30 November 2015. The ranges anticipated are:



Earnings per share: 51.78c - 53.49c, percentage increase of 21% - 25%

Headline earnings per share: 52.55c - 54.27, percentage increase of 23% - 27%

Core earnings per share: 53.36c - 54.70c, percentage increase of 20% - 23% increase



Core earnings represent the actual earnings of the group after adjusting for the amortisation of intangible asset write offs net of taxation and minorities as a consequence of purchase price allocations in terms of IFRS requirements. Core earnings reflect the underlying financial performance of the group.



The increase in earnings is predominantly attributable to organic growth, underpinned by a hybrid of an expanded customer base supported by an enhanced bouquet of products and services afforded to it. In addition the company has continued to confine operational costs.



The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors.



The results are scheduled for release on Wednesday, 24 February 2016.





26-Jan-2016
(Official Notice)
Further to the cautionary announcement dated 10 December 2015, shareholders are hereby advised that negotiations regarding Blue Label?s participation in the recapitalisation of Cell C Proprietary Limited are ongoing, which, if successfully concluded, may have a material impact on the price at which Blue Label shares trade on the JSE Ltd. Accordingly, shareholders are advised to continue exercising caution when dealing in their shares until a further announcement is made.
11-Dec-2015
(Official Notice)
Shareholders are advised that that the company?s basic earnings per share, headline earnings per share and core earnings per share for the six months ended 30 November 2015 are expected to increase by more than 20% as against the six months ended 30 November 2014. This represents a minimum increase of:

*8.56 cents on basic earnings per share from 42.79 cents to 51.35 cents;

*8.55 cents on headline earnings per share from 42.73 cents to 51.28 cents; and

*8.89 cents on core earnings per share from 44.47 cents to 53.36 cents.



Core earnings represent the actual earnings of the group after adjusting for the amortisation of intangible asset write offs net of taxation and minorities as a consequence of purchase price allocations in terms of IFRS requirements. Core earnings reflect the underlying financial performance of the group. The increase in earnings is predominantly attributable to organic growth, underpinned by a hybrid of an expanded customer base supported by an enhanced bouquet of products and services afforded to it. In addition the company has continued to confine operational costs.



More specific guidance will be provided as soon as there is reasonable certainty as to the range within the 20% by which basic earnings, headline earnings and core earnings per share have increased. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors.



The results are scheduled for release on Wednesday, 24 February 2016.
10-Dec-2015
(Official Notice)
27-Nov-2015
(Official Notice)
Blue Label shareholders are advised that at the Annual General Meeting (?AGM?) of members held on Friday, 27 November 2015, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members.

*Total number of shares that could be voted at meeting - 674 509 042

*Total number of shares present/represented including proxies at meeting - 488 604 046

*Total number of members present - 20
16-Nov-2015
(Official Notice)
Shareholders are advised that Mr MV Pamensky (?M ark?) has informed the board of his intention to resign as the Chief Operating Officer of Blue Label as well from the Blue Label board and its sub-committees, with effect from 30 November 2015. Mark will continue with his duties until 29 February 2016.
30-Oct-2015
(Official Notice)
Shareholders are advised that on Friday, 30 October 2015 Blue Label dispatched to shareholders its Integrated Annual Report for the year ended 31 May 2015 including the Notice of Annual General Meeting. The annual financial statements contain no modifications to the audited results which were published on SENS on 19 August 2015.



Notice is hereby given that the eighth Annual General Meeting of Blue Label shareholders will be held at Blue Label?s corporate offices, 75 Grayston Drive, Sandton on Friday 27 November 2015 at 10:00 to transact the business as stated in the Notice of Annual General Meeting.



The Integrated Annual Report including the Notice of Annual General Meeting, is also available on the company?s website www.bluelabeltelecoms.co.za
19-Aug-2015
(C)
18-Aug-2015
(Official Notice)
Shareholders are advised that Mr Yusuf Mahomed has been appointed as an independent non executive director to the Blue Label Board with effect from 18 August 2015.
05-Aug-2015
(Official Notice)
The company is in the process of finalising its results for the year ended 31 May 2015, in which growth in earnings is expected to be as follows:

*basic earnings per share between 26% and 29% , equating to a range of between 85.39 cents to 87.42 cents compared to 67.88 cents for the year ended 31 May 2014;

*headline earnings per share between 20% and 23%, equating to a range of between 81.47 cents and 83.50 cents compared to 67.98 cents for the year ended 31 May 2014; and

*core earnings per share between 28% and 31%, equating to a range of between 88.85 cents to 90.88 cents compared to 69.44 cents for the year ended 31 May 2014.



Core earnings represent the earnings of the group after adjusting for the amortisation of internally generated intangible asset write offs net of taxation and minorities as a consequence of purchase price allocations in terms of IFRS requirements. Core earnings reflect the underlying financial performance of the group.



The expected increase in headline earnings will be predominately attributable to organic growth in the South African Distribution segment, assisted by the acquisitions of Retail Mobile Credit Specialists Proprietary Limited and Viamedia Proprietary Limited. The increase in basic and core earnings is inclusive of the impact on the disposal of the group's shareholding in Smart Voucher Limited ("Ukash").



The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The results are scheduled for release on Wednesday, 19 August 2015.

18-Feb-2015
(C)
27-Jan-2015
(Official Notice)
The board of Bluetel advises that Advocate Neil Lazarus SC has resigned as a non-executive director of the company as well as Chairman of the Remuneration Committee and member of the Nomination, Social, Ethics, Transformation and Investment Committees. The resignation will take effect from 27 January 2015.



Neil has decided to resign to enable him to concentrate on other business interests and to pursue other opportunities.
12-Dec-2014
(Official Notice)
Withdrawal of cautionary announcement

Shareholders are referred to the company?s cautionary announcement first made on 1 October 2014. Bluetel considers that insufficient progress has been made in relation to the non-binding expression of interest received to merit shareholders remaining under cautionary. The company has terminated its engagement with the party that submitted the non-binding expression of interest.



Accordingly, shareholders are no longer advised to exercise caution when dealing in their Blue Label shares.

10-Dec-2014
(Official Notice)
Settlement of Arbitration Proceedings and Litigation



Blue Label shareholders are advised that:

*the arbitration proceedings between a Blue Label subsidiary, Africa Prepaid Services Nigeria Ltd. (?APSN?) and the former subsidiary of Telkom SA SOC Ltd. (?Telkom?), Multi-Links Telecommunications Ltd. (?Multi-Links?) has been settled; and

*the litigation action in the High Court of South Africa between Telkom and Multi-Links, on the one hand, and Blue Label, Africa Prepaid Services (Pty) Ltd, APSN and certain individuals, on the other, has been settled.



In terms of the Settlement Agreement all claims and counterclaims have been withdrawn and all of the parties have agreed that they will have no further claims against one another arising out of the disputes forming the subject of both the arbitration proceedings and the action, including any claims for costs.

28-Nov-2014
(Official Notice)
Bluetel shareholders are advised that at the Annual General Meeting (?AGM?) of members held on Friday, 28 November 2014, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members.
11-Nov-2014
(Official Notice)
Further to the cautionary announcement dated 1 October 2014 advising shareholders of the receipt of a non- binding expression of interest for the acquisition of all of the issued shares in the company, shareholders are advised that discussions are still on-going. The board will up-date shareholders as soon as it is appropriate to do so.



Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
29-Oct-2014
(Official Notice)
Shareholders are advised that on Wednesday 29 October 2014 Blue Label dispatched to shareholders its Integrated Annual Report for the year ended 31 May 2014, including the Notice of Annual General Meeting. The annual financial statements contain no modifications to the audited results which were published on SENS on 20 August 2014.



Notice is hereby given that the seventh annual general meeting of Blue Label shareholders will be held at Blue Label corporate offices, 75 Grayston Drive, Sandton on Friday 28 November 2014 at 10:00 to transact the business as stated in the Notice of Annual General Meeting.



The Integrated Annual Report including the Notice of Annual General Meeting, are also available on the company website www.bluelabeltelecoms.co.za
01-Oct-2014
(Official Notice)
Shareholders are advised that the company has received a non-binding expression of interest for the acquisition of all the issued shares in the company. The board is engaged in discussions with the party expressing interest and will up-date shareholders whenever appropriate. The non-binding expression of interest and discussions in that regard do not constitute a firm intention to make any offer and it is possible that no offer may result from this process. Accordingly, pending further announcements, shareholders are advised to exercise caution when dealing in their Blue Label shares.

20-Aug-2014
(C)
Revenue rose to R19.4 billion (R19 billion). Operating profit increased to R722.9 million (R645.7 million). Net attributable profit increased to R450.2 million (R424.8 million). In addition, headline earnings from continuing operations rose to 67.98cps (64.17cps).



Dividend

A final gross ordinary dividend of 27cps has been declared.



Outlook

The recent acquisitions of RMCS and Via Media Proprietary Limited will enhance Group profitability and will afford the Group access to new channels of distribution. The Group?s propensity to generate positive cash flows from operating activities will facilitate opportunities both on an acquisitive and trading basis as well as the distribution of dividends to shareholders. The growth in prepaid electricity meter roll-outs, is likely to continue and improve future Group revenue. TicketPros, a ticketing provider and proud partner of premium sporting events in South Africa, continues to expand its service offering to a myriad of events and activities. The Group?s distribution footprint is perfectly positioned to offer a money transfer solution that provides reach across all sectors of the South African economic landscape. Accessibility and convenience are the driving factors in our goal to fulfil the needs of consumers. Oxigen Services India?s mobile wallet, which facilitates instant money transfers, is expected to gain momentum, given its monthly compounded growth that was evident towards the end of the financial year. Its historical investment in infrastructure has created a solid foundation and credibility with banks, to enable it to provide high volume services of this nature. Blue Label Mexico will continue with the objectives of expanding its footprint and increasing the range of its product and service offerings.em
11-Aug-2014
(Official Notice)
10-Apr-2014
(Official Notice)
Further to the SENS announcement of the 24th December 2013 regarding the acquisition by TPC, a wholly owned subsidiary of Bluetel, of the entire issued share capital of RMCS, Bluetel shareholders are advised that in addition to the pro forma information that was previously disclosed in that SENS announcement which remains unchanged, the pro forma effect on net tangible asset value per share as at 31 May 2013 is a decrease from 376.10 cents to 332.83 cents. This decline is due to the utilisation of tangible assets in substitution for the acquisition of intangible assets.
07-Apr-2014
(Official Notice)
Further to the SENS announcement of the 24th December 2013 regarding the acquisition by TPC, a wholly owned subsidiary of Blue Label, of the entire issued share capital of RMCS, Bluetel shareholders were advised that all of the conditions precedent to the transaction have been fulfilled or waived as at the 7th April 2014 and as such, the transaction is unconditional.



Consideration

The terms of the transaction remain unchanged, save for a downward adjustment to the initial payment payable towards the purchase consideration from R306 588 511 to R298 686 664. This change has no effect on the pro forma financial effects of the transaction.
19-Feb-2014
(C)
Revenue for the interim period decreased to R9.1 billion (2012: R9.5 billion). Operating profit was higher at R397.1 million (2012: R338.6 million), while net profit for the period attributable to equity holders of the parent rose to R246.4 million (2012: R229 million). Furthermore, headline earnings per share grew to 37.15cps (2012: 34.78cps).



Prospects

For the remainder of the financial year we expect revenue generated from airtime to be under pressure with the added probability of margin compression. The recently acquired Ticketpros, a ticketing provider, is a proud partner of premium sporting events in South Africa. Its state-of-the-art technology, allowing it to become the first ticketing engine to launch ticketing purchases on an NFC card or till slip, will enhance the product offerings of the Group through its extensive merchant base to include transport, entertainment and expos.



Acquiring, which is the ability to process credit and debit card payments for products and services on behalf of a merchant, has become a reality through the successful alliance established with MasterCard and Visa. This will enable consumers to transact at store level through the multitude of point of sale devices that Blue Label has deployed both locally and internationally. The recent announcement of the acquisition of Retail Mobile Credit Specialists ("RMCS"), an enhanced service provider of cellular products and services engaged in the supply of telecommunication products and services, content, data and allied activities, will provide the Group access to new channels for the distribution of both RMCS and Blue Label products and services. The acquisition remains subject to Competition Authority approval.



Oxigen Services India is expected to continue to grow the volume of the financial services transactions it facilitates, as it continues to implement strategies of it becoming India?s first non-banked mobile wallet. Blue Label Mexico will continue to grow its points of presence network in pursuit of its strategy of enhancing its products and service offerings, including transactional revenue. The conclusion of alliances with MasterCard and Absa in South Africa and with Visa and Banamex in Mexico, will enable financial inclusion in communities where consumers have historically been unable to use formal payment products.

24-Dec-2013
(Official Notice)
Blue Label shareholders are advised that TPC, a wholly owned subsidiary of Blue Label, has entered into an agreement with RMCS' shareholders, namely Pharaoh Ltd, The Karoobos Trust, The Rooibos Trust, Adam Greenblatt, Bradley Ivan Kark, Keith Larry Brouze, Michael Roffey, Ran Goldstein, Shaun Hurwitz and Terence Nicholas Lazard and in terms of which TPC will acquire 100% of RMCS's issued share capital. The agreement is subject to the fulfilment of certain conditions precedent.



Consideration

*The purchase consideration is the sum of R306 588 511 ("initial payment") and, subject to certain earnings targets being achieved during the 12 month period ending 31 August 2014, an additional amount not exceeding R32 141 276.

*The initial payment will be made three working days following the fulfilment of the suspensive conditions and any additional amounts are payable within 5 days of the determination of the earnings to which the payments relate.

*The purchase consideration will be funded from TPC's existing cash resources.



Conditions precedent

The acquisition is subject to the fulfilment or waiver of the following conditions precedent:

*The approval of the Competition Authority.

*TPC being reasonably satisfied with the terms of certain key agreements.

*The execution of certain supplier and customer agreements by RMCS.



Categorisation of the transaction

The acquisition has been categorised as a category 2 transaction in terms of section 9.5(a) of the JSE Listings Requirements.
29-Nov-2013
(Official Notice)
Shareholders are advised that all the resolutions, save for Ordinary resolution number 8: Election of Mr NN Lazarus SC as a member of the audit, risk and compliance committee which was withdrawn, were passed by the requisite majority of votes at the annual general meeting held today 29 November 2013. The special resolutions will, to the extent necessary, be filed with the Companies and Intellectual Property Commission.
31-Oct-2013
(Official Notice)
Shareholders are advised that on Wednesday 30 October 2013 Blue Label dispatched to shareholders its Integrated Annual Report for the year ended 31 May 2013, including the Notice of Annual General Meeting. The annual financial statements contain no modifications to the audited results which were published on SENS on 20 August 2013.



Notice is hereby given that the sixth annual general meeting of Blue Label shareholders will be held at Blue Label corporate offices, 75 Grayston Drive, Sandton on Friday 29 November 2013 at 10:00 to transact the business as stated in the Notice of Annual General Meeting.



The Integrated Annual Report including the Notice of Annual General Meeting, are also available on the company website www.bluelabeltelecoms.co.za
01-Oct-2013
(Official Notice)
The board of Bluetel advised that David Rivkind has resigned as the company's financial director and that his resignation will take effect from 14 November 2013, being the date on which his employment contract expires. Dean Suntup has been the financial director of The Prepaid Company since 2005. Dean has been a leading member of Bluetel's finance team from inception and has been an invitee at every audit, risk and compliance committee meeting of the company since its listing. Dean?s appointment as financial director of the group will take effect from 14 November 2013, concurrently with David's resignation.
09-Sep-2013
(Official Notice)
20-Aug-2013
(C)
Revenue rose to R19 billion (R18.8 billion). Operating profit declined to R645.7 million (R658.9 million). Net attributable profit decreased to R424.8 million (R438.1 million). In addition, headline earnings from continuing operations fell slightly to 64.17cps (65.43cps).



Dividend

A final gross ordinary dividend of 25cps has been declared.



Outlook

A diverse range of customer engagement initiatives concerning membership and loyalty programmes has been developed. This will enable delivery to the market of unique turnkey customer engagement solutions that will generate multiple annuity based revenue streams through supporter engagement programmes. These programmes will include communications, events, access-control, ticketing and concessionary services that enhance service value to supporters. In this regard five year contracts have been concluded with both Cricket SA and The Blue Bulls Rugby Company.



A ticketing engine has recently been acquired which will enable the end user to acquire tickets for sporting and entertainment events as well as transport services through the groups distribution capabilities and vast points of presence.



Innovative financial services products, aimed at bringing financial inclusion and transactional value to customers, will be implemented. These initiatives will include debit and credit card processing through the existing extensive point-of-sale network. These additional financial services products complement the groups existing prepaid products and services and enhance the value-proposition to the merchants and their customers.



The recent acquisitions of a post paid contract base and prepaid starter pack bases is expected to compound the annuity revenue generated from the existing bases within the group.



SMS aggregation is expected to continue to gain further momentum following the successful development of technology by Panacea Mobile to support this service.



Consumer awareness of the benefits of prepaid electricity is expected to continue to escalate and in turn compound the commissions earned on the distribution of this product.



Blue Label Mexico intends to roll out point-of-sale devices incorporating banking transactional capabilities on the devices. It is the intention to aggressively implement this initiative, utilising the extensive distribution network of our partner, Grupo Bimbo.
14-Jun-2013
(Official Notice)
19-Apr-2013
(Official Notice)
Shareholders are advised that Ms Janine van Eden has been appointed company secretary of Blue Label with effect from 1 June 2013.
01-Mar-2013
(Official Notice)
Shareholders are advised that Ms E Viljoen will resign as company secretary of Bluetel with effect from 30 April 2013 to pursue a new career opportunity. The company has initiated a process to appoint a successor and a further announcement will be made in due course.
20-Feb-2013
(C)
Revenue for the interim period increased to R9.5 billion (2011: R9.2 billion). Operating profit lowered to R338.6 million (2011: R392.3 million), while net profit for the period attributable to equity holders of the parent fell to R228.9 million (2011: R271.9 million). Furthermore, headline earnings per share from continuing operations weakened to 34.78cps (2011: 37.15cps).



Prospects

A number of innovative financial services products, aimed at bringing financial inclusion and transactional value to customers, will be launched. These initiatives will benefit through the utilisation of BLTs mobile systems and the leveraging of the groups extensive distribution network. These additional financial services products complement the groups existing prepaid products and enhance the value-proposition to the merchants and their customers. Recently launched loyalty initiatives are expected to generate revenue through supporter engagement programmes, including communications, events, access-control and concessionary services that enhance service value to supporters. These programmes benefit from the latest Near Field Communication and mobile technologies to collect and process data beneficial to the customer experience.



SMS aggregation is expected to gain further momentum following the successful development of technology pertaining to this service and a strategic acquisition in this segment of the market. Consumer awareness of the benefits of prepaid electricity is expected to continue and in turn impact favourably on commissions earned on the distribution of this product. Oxigen Services India continues its drive into banking services initiatives in partnership with leading banks and financial institutions. The groups statement of financial position remains robust and liquid, which augurs well for future growth, acquisitions and distributions to shareholders.
29-Nov-2012
(Official Notice)
Shareholders were advised that all the resolutions, save for Ordinary resolution number 10: General authority to issue ordinary shares for cash which was withdrawn, were passed by the requisite majority of votes at the annual general meeting held today 29 November 2012.



The special resolutions will, to the extent necessary, be filed with the Companies and Intellectual Property Commission .
30-Oct-2012
(Official Notice)
Shareholders were advised that on Monday 29 October 2012 Blue Label dispatched to shareholders its Integrated Annual Report for the year ended 31 May 2012, including the Notice of Annual General Meeting. The annual financial statements contain no modifications to the audited results which were published on SENS on 21 August 2012.



Notice is hereby given that the fifth annual general meeting of Blue Label shareholders will be held at Blue Label corporate offices, 75 Grayston Drive, Sandton on Thursday 29 November 2012 at 10:00 to transact the business as stated in the Notice of Annual General Meeting.



The Integrated Annual Report including the Notice of Annual General Meeting, are also available on the company website www.bluelabeltelecoms.co.za
14-Sep-2012
(Official Notice)
Shareholders were advised that following their approval granted at the annual general meeting held on 22 November 2011, Bluetel extended financial assistance to Blue Label Mexico on Thursday, 6 September 2012 amounting to USD6.1 million. The board of directors concluded that the company satisfied the Solvency and Liquidity test as set out in the Companies Act and that the terms under which the financial assistance was extended are fair and reasonable to the company. The loan was advanced to fund the company's pro-rata contribution towards the working capital requirements of Blue Label Mexico.
21-Aug-2012
(C)
Revenue for the year increased by 4% to R18.7 billion (2011: R18.1 billion). Operating profit jumped to R658.9 million (2011: R451.7 million) while net profit attributable to equity holders went up to R438.1 million (2011: R431.4 million). Furthermore, headline earnings per share increased by 40% to 64.65cps (2011: 46.2cps).



Dividend

The board declared a final dividend of 23cps.



Prospects

The group is actively building its SMS aggregation capabilities through its own development and strategic acquisitions. The objective is to create economies of scale through mass aggregation, as well as enhancing the range of SMS services available to customers. Increasing customer awareness of the benefits of prepaid electricity and contracts with additional utility providers is likely to enhance commissions generated from prepaid electricity sales.



Annuity revenue from an expanding starter pack base is expected to compound accordingly. The distribution capabilities of Grupo Bimbo, the largest bakery in the world, are expected to add significant momentum to the roll-out of point of sale devices in Mexico. Oxigen Services India is expected to continue its drive into banking services initiatives in partnership with leading banks and financial institutions in India.



The group will continue to focus on expanding its product range offerings and distribution network, organically and through acquisition.



The statement of financial position remains robust and liquid, which augurs well for future growth, acquisitions and distributions to shareholders.
02-Aug-2012
(Official Notice)
On 19 July 2012 Blue Label reported that non-recurring income arising from an extraneous transaction, the details of which remain confidential, would be expected to result in headline earnings per share (''HEPS'') for the year ended 31 May 2012 exceeding the comparative period's HEPS of 46.20 cents by more than 20%.



The company is in the process of finalising its results for the year ended 31 May 2012, in which it is expected that HEPS will exceed the comparative period by between 35% and 45%. This growth results from a hybrid of:

*the non-recurring extraneous income received referred to above,

* the share buy-back and subsequent cancellation of 91 851 852 Blue Label shares, resulting in the weighted average number of shares in issue reducing to 708,065,944 as at 31 May 2012, and

*the trading performance of the group.



Basic and core earnings per share are expected to exceed the comparative period by between 5% and 10%.



The financial information on which this trading statement is based has not been reviewed or reported on by Blue Label's auditors. The results are scheduled for release on Tuesday, 21 August 2012.
19-Jul-2012
(Official Notice)
As a result of a non-recurring receipt during the first half of the financial year, Bluetel expects headline earnings per share ("HEPS") for the year ended 31 May 2012 to exceed the HEPS of 46.20 cents for the comparative year by more than 20%. The non-recurring receipt pertained to an extraneous transaction, the details of which remain confidential.



Basic earnings per share and core earnings per share will not exceed the comparative year by 20%. More specific information will be provided to shareholders as soon as there is reasonable certainty as to the range by which HEPS is expected to increase. The results for the year ended 31 May 2012 are expected to be released on or about Tuesday, 21 August 2012.
22-Feb-2012
(C)
Revenue increased to R9.3 billion (R8.6 billion). Net attributable profit for the period attributable equity holders of the parent rose to R271.9 million (R192.6 million). In addition, headline earnings per share grew to 36.74c (25.45cps).



Outlook

Continued focus on the marketing and distribution of prepaid starter packs is expected to compound existing annuity revenues. Commissions generated from prepaid electricity sales on behalf of utilities are expected to continue to increase both organically and through contracts with additional electricity providers. Consumer awareness of this payment mechanism is becoming more prevalent in this arena. The mobile segment is expected to compound its advertising revenue on bulk printed prepaid vouchers and point of sale receipt vouchers, following its sound entry into this space during the reporting period.



The distribution capabilities of Grupo Bimbo, the largest bakery in the world and a 40% shareholder in Blue Label Mexico, is expected to filter down to a significant gain in the momentum of the roll-out of point of sale devices. Since the commencement of this strategic alliance with them in March 2011, the roll-out of point of sale devices has increased at an exponential rate. Oxigen has developed a robust foundation and is poised to embark on an aggressive foot print expansion which will incorporate banking services that will service the vast unbanked population in India. This initiative will be implemented through associations with several banks in India, including State Bank of India, the largest bank in that country.



The strategic alliance established with Mobilitrix, is expected to accelerate growth in loyalty and mobile couponing services in order to strengthen customer retention and incentive capabilities. This will be supported by the best of breed technology, providing an end-to-end mobile reward service to retailers, manufactures and media companies.
07-Feb-2012
(Official Notice)
On 22 December 2011 Bluetel reported that non-recurring income arising from an extraneous transaction, the details of which are confidential, would be expected to result in core earnings per share ("core EPS"), headline earnings per share ("HEPS") and basic earnings per share ("basic EPS") for the 6 months ended 30 November 2011 to be more than 20% higher than the comparative period's core EPS of 27.27 cents, HEPS of 25.45 cents and basic EPS of 25.45 cents. The company is in the process of finalising its interim results for the six months ended 30 November 2011, in which it is expected that core EPS will exceed the comparative period by between 31% and 41%. Basic EPS growth is expected to be between 36% and 46% and HEPS, in turn, is expected to equate to comparative growth of between 38% and 48%. The growth at these various levels of earnings is directly attributable to the non-recurring income received. The interim results are scheduled for release on Wednesday, 22 February 2012.
01-Dec-2011
(Official Notice)
Shareholders are referred to the announcement released on SENS on 29 November 2011 advising that Bluetel has acquired 91 851 852 ordinary shares in its ordinary share capital from Microsoft Corporation ("the specific repurchase"), representing 11.99% of the Bluetel ordinary shares in issue prior to the specific repurchase. The issued ordinary share capital of the company as at the financial half-year ended 30 November 2011 was 766 360 894 ordinary shares of R0.000001 each.



On 1 December 2011, Blue Label delisted and cancelled the 91 851 852 ordinary shares in terms of the special and ordinary resolution related to the specific repurchase approved by shareholders at the annual general meeting held on 22 November 2011. The shares cancelled represent 11.99% of the issued ordinary share capital of the company and following the cancellation the issued ordinary share capital of the company comprises 674 509 042 ordinary shares of R0.000001 each.
29-Nov-2011
(Official Notice)
The holders of ordinary shares in Blue Label are hereby advised that Blue Label has acquired 91 851 852 ordinary shares in its ordinary share capital from Microsoft Corporation, representing 11.99% of the Blue Label ordinary shares in issue prior to the specific repurchase.
22-Nov-2011
(Official Notice)
Shareholders were advised that all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of votes at the annual general meeting held on 22 November 2011. The special resolutions were, to the extent necessary, filed with the Companies and Intellectual Property Commission.
21-Oct-2011
(Official Notice)
The board of directors of Bluetel announced the appointment of Mr SJ (Jerry) Vilakazi to the board as a non-executive director with immediate effect.
20-Oct-2011
(Official Notice)
Shareholders were advised that Blue Label has dispatched to shareholders its integrated annual report for the year ended 31 May 2011, incorporating the audited annual financial statements. The annual financial statements contain no modifications to the audited results which were published on SENS on 24 August 2011. Further to the SENS announcement on 6 October 2011, it is advised that the circular, including the notice of annual general meeting, regarding the specific repurchase by Blue Label of 91 851 852 ordinary shares in its share capital from Microsoft Corporation has been dispatched together with the integrated annual report. Notice was given that the fourth annual general meeting of Blue Label shareholders will be held at Blue Label corporate offices, 75 Grayston Drive, Sandton on Tuesday 22 November 2011 at 10:00 to transact the business as stated in the notice of annual general meeting. The integrated annual report and circular, including the notice of annual general meeting, are also available on the company website www.bluelabeltelecoms.co.za.
06-Oct-2011
(Official Notice)
31-Aug-2011
(Official Notice)
Shareholders were advised that Ms Pani Tyalimpi has tendered her resignation from the board of directors of Bluetel with effect from 30 August 2011.
24-Aug-2011
(C)
Revenues increased from R15.9 billion to R18.1 billion, a 13% improvement. Operating profit decreased to R451.7 million (R454.5 million). Net attributable profit increased to R431.4 million (R365 million) and headline earnings per share from continuing operations rose to 50.12c (43.46cps).



Dividend

A final ordinary dividend of 14cps has been declared.



Prospects

Airtime sales are expected to continue to exceed industry growth norms. Commissions generated from prepaid electricity sales on behalf of utilities are expected to increase both organically and through contracts with additional electricity providers. The mobile segment is expected to generate advertising revenue on bulk printed prepaid vouchers and point of sale receipt vouchers. The refocused international segment remains core to achieving footprint growth. The vast distribution network of Group Bimbo and the accelerating roll-out of point of sale devices will result in increased volumes of sales of electronic tokens of value in Mexico.



Oxigen Services India is evolving to fulfilling its vision of supplementing its traditional business of a prepaid recharge platform, by providing versatile payment solutions, that will include Mobile Wallet, international remittances and cash cards. The group will continue to focus on expanding its product range offering and distribution network, organically and through acquisition, both locally and internationally.
13-Jun-2011
(Official Notice)
Bluetel has an effective 36.72% stake in Africa Prepaid Services Nigeria Ltd through its 72% shareholding in Africa Prepaid Services (Pty) Ltd. Following Blue Label's cancellation of the Multi-Links contract and its consequent impact on the viability of the business in Nigeria, Blue Label has decided to terminate its business activities in this region. This will enable Blue Label to redeploy its resources to its other international businesses, in particular India and Mexico.
03-Mar-2011
(Media Comment)
The Financial Mail reported that Bluetel is going through an arbitration process for an undisclosed sum after the company could not resolve a dispute over a ten-year contract with Telkom SA Ltd's ("Telkom's") Nigerian subsidiary, Multi-Links. Bluetel joint CEO Mark Levy says he's open to finding a solution to the problem with Telkom and "would like nothing more than not to fight this case." Levy is also hopeful that the new leadership at Telkom will be open to settlement.
22-Feb-2011
(C)
Revenue increased to R9.1 billion (R8.4 billion). Net attributable profit rose to R192.6 million (R176.9 million). In addition, headline earnings on a per share basis grew to 25.45cps (23.38cps).



Outlook

Driving revenue growth and increasing gross profit margins are the short and medium term objectives. The group will continue to focus on expanding its product range offering and distribution network, organically and through acquisition, both locally and internationally. In August 2010 Vodacom and Nedbank launched M-PESA, an initiative that facilitates the conversion of real money into electronic money at any authorised M-PESA outlet. Blue Label is in the process of providing its vast client base with M-PESA authorisation and capabilities to deliver this service. The impact of this will not be limited to money transfers but will enable the consumer to pay for all of the value added services that the group offers to the end user through the M-PESA mechanism.



Although the Multi-Links contract has been cancelled, APSN will be distributing airtime and starter packs on behalf of other networks in Nigeria as well as introducing value added services and products to its distribution network. This will be supported by an aggressive roll out of intelligent point of sale devices throughout Nigeria. The growth in prepaid electricity commissions is expected to continue as more municipalities offer prepaid electricity options to their customers and additional distribution contracts are concluded with municipalities across South Africa. The strategic partnership launched with Ubank will combine their banking capabilities and the group's technology platforms, products and services as a unique value proposition to Ubank's customers. The group will continue to capitalise on its vast "real estate" of printed vouchers through the generation of advertising revenue thereon.
26 Nov 2010 16:28:14
(Official Notice)
Bluetel has an effective ownership of 36.72% in Africa Prepaid Services Nigeria Ltd ("APSN") through its 72% shareholding in Africa Prepaid Services (Pty) Ltd. In terms of the Super Dealer Agreement ("the Agreement") with Multi-Links Telecommunications Ltd ("Multi-Links") (a wholly owned subsidiary of Telkom SA Ltd), APSN was given the right to procure customers for, and to sell and market, the complete range of Multi-Links` CDMA services and products, on an exclusive basis in Nigeria, for a 10 year period which commenced in December 2008. Multi-Links has recently announced that it intends to "exit" its voice CDMA service and products business. On 25 November 2010 Multi-Links notified APSN that it has terminated the Agreement. Multi-Links` purported termination of the Agreement is unlawful and constitutes a repudiation of its obligations in terms of the Agreement, which wrongful repudiation has been accepted by APSN and APSN has cancelled the Agreement.



APSN intends to institute proceedings for the recovery of the damages it has suffered and will continue to suffer arising out of Multi-Links' wrongful repudiation of the Agreement and its consequent cancellation. For the financial year ended May 2010, APSN contributed R38.7 million to the group`s net profit after tax, equating to 5.1cents of the group's headline earnings per share of 48.27cents per share. APS has other operations outside of the Agreement. The termination of the Agreement will not result in APSN withdrawing from Nigeria. APSN has confidence in the growth opportunities which Nigeria presents for the consumption of prepaid products, including airtime, electricity and other products and services such as bill payments and, in time, money transfer. To this end APSN intends to expand its existing transactional footprint to facilitate growth in the virtual distribution of these products in partnership with Nigerian network operators and utility providers.
13 Oct 2010 07:51:38
(Official Notice)
Shareholders are advised that Mr Peter Mansour has tendered his resignation from the board of directors of Bluetel with effect from 13 October 2010.



Appointment of director

Bluetel also announced the appointment of Mteto Nyati to the board as a non-executive director with effect from 13 October 2010.
13 Oct 2010 07:50:15
(Official Notice)
Shareholders were advised that all resolutions were passed with the requisite majority and the special resolution will be lodged with CIPRO in due course.
20 Sep 2010 12:32:35
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 31 May 2010 were posted to shareholders on Monday, 20 September 2010 and contain no modifications to the audited results which were published on 24 August 2010. PriceWaterhouseCoopers Inc audited the results and the annual financial statements of Blue Label and their reports are available for inspection at the registered offices of the company. Notice is hereby given that the annual general meeting of the company will be held at 10:00 on 12 October 2010, at 75 Grayston Drive, Sandton to transact business as stated in the notice of the annual general meeting.

24 Aug 2010 07:36:46
(C)
Revenues increased from R15.3 billion to R17 billion, an 11% improvement. EBITDA of R689 million equated to growth of R121 million, or 21%, on the comparative year. Operating profit rose to R569.5 million (R474.8 million). However, net attributable profit declined to R365 million (R390.5 million) and headline earnings on a per share basis declined by 7% from 51.63c to 48.27cps.



Dividend

A final ordinary dividend of 12cps has been declared.



Annual general meeting

The annual general meeting will be held in Johannesburg on 12 October 2010. Further details will be included in Bluetel's annual report.



Outlook

The establishment of Mobile Merchant Solutions will facilitate a new extension to the group's point of sale footprint by securely integrating mobile channels into its core switch for the sale of prepaid products. This approach will provide pervasive, 24/7 capabilities to smaller merchants via mobile devices across a number of mobile channels, including USSD, WAP and On-Device applications. A seamless online offline experience will ensure continuity of service in areas of poor GPRS coverage. The group has concluded a reseller agreement with Symantec, for the introduction of a protection product for Smartphones by utilising unique antivirus technology, advanced firewall and SMS anti-spam protection.



Africa Prepaid Services Nigeria has concluded distribution contracts with multiple networks in Nigeria, the benefits of which are anticipated to be derived in the forthcoming financial year. The group intends to capitalise on its vast "real estate" of printed vouchers, by generating advertising revenue thereon. Oxigen India will roll out kiosk banking and mobile wallets via its web enabled retailers, in terms of an agreement with The State Bank of India. This will essentially facilitate virtual banking to the vast unbanked population.
29 Apr 2010 13:04:31
(Official Notice)
The board of directors of Blue Label advises shareholders that the title of Chief Financial Officer held by Mr David Rivkind has been changed to Financial Director of Blue Label with immediate effect. Mr Rivkind continues to maintain the position as executive director on the board of Blue Label.
24 Feb 2010 08:40:39
(C)
Revenue increased to R8.4 billion (R7.6 billion) and operating profit rose to R299.3 million (R250.2 million). Net attributable profit for the period decreased to R176.9 million (R198.2 million). In addition, headline earnings on a per share basis fell to 23.38cps (26.06cps).



Outlook

Revenue from the South African distribution segment is expected to continue to increase organically in line with the growth in the customer base and the introduction of additional e-tokens of value. Africa Prepaid Services Nigeria, which commenced operations in May 2009, is expected to grow organically in line with the widening of the distribution network that has been established. Blue Label Mexico continues to expand its footprint by growing the roll out of point of sale devices to new customers. The improvement in the performance of Oxigen Services India is expected to continue. The group will continue to consider any strategic acquisitions to complement the group's business model. Vertical integration and critical mass will be key criteria in order to ensure value creation to shareholders.
09 Dec 2009 08:47:14
(Official Notice)
Blue Label announced the appointment of Kevin Ellerine to the board as a non-executive director with effect from 8 December 2009.
07 Dec 2009 14:01:21
(Official Notice)
Mr Herbert Theledi has tendered his resignation from the board of directors of Bluetel with effect from 30 December 2009.
25 Nov 2009 15:57:31
(Official Notice)
Ms Huntley withdrew her eligibility for re-election at the annual general meeting and has resigned as a non-executive director of the board. Shareholders are advised that all resolutions were passed with the requisite majority and the special resolution will be lodged with CIPRO, in due course.
03 Nov 2009 11:17:12
(Official Notice)
Shareholders are advised that Blue Label will today dispatch to shareholders its annual report for the year ended 31 May 2009, incorporating the audited annual financial statements and notice of annual general meeting. The annual financial statements contain no modifications to the audited results which were published on SENS on 26 August 2009.



Notice of the annual general meeting

Notice was given that the second annual general meeting of Bluetel shareholders will be held at Blue Label Corporate Offices, 75 Grayston Drive, Morningside, Sandton on Wednesday, 25 November 2009 at 10:00 to transact the business as stated in the notice of the annual general meeting. The annual report and notice of annual general meeting is also available on the company website www.bluelabeltelecoms.com.
31 Aug 2009 09:41:09
(Media Comment)
Business Day reported that Bluetel is touting its partnership with Microsoft as a potentially lucrative source of income. The two companies jointly launched a service that lets people with low-end cellphones use internet applications on the small screen. Bluetel CEO Mark Levy said it took 18 months to create the service, called Mibli.
27 Aug 2009 09:34:42
(Media Comment)
Technology company Blue Label Telecoms believes it has been protected from the economic downturn by offering a range of different services to people who want the certainty of knowing how much they can spend each month. It?s services include prepaid cell phone airtime, electricity, bus tickets and money transfers aimed at people with no bank accounts. Brothers Brett and Mark levy, joint CEO's of Blue Label said that gave them a vast market. Now that it's distribution channels were established each new user cost nothing to connect but contributed to the bottom line. Mark Levy said the economy would still see more negativity, yet Blue Label was exceeding revenue and profit targets. Adding new services and letting people pay for them in various ways was the key to it's future growth, he said.



26 Aug 2009 09:18:35
(C)
13 Aug 2009 08:58:06
(Media Comment)
Blue Label Telecoms has told shareholders to expect a major step up in it's figures for the year to May 31, despite spending more heavily to improve it's technology infrastructure. Director said earnings per share would be up between 62%-70% from a year ago and headline earnings per share would be 66%-74% higher. Last September Blue Label won a three-year deal to conduct secure debit and credit card payments for Spar outlets nationwide.

12 Aug 2009 11:06:57
(Official Notice)
Shareholders of Blue Label are advised that the group anticipates growth on pro forma earnings for the year ended 31 May 2008 as follows:

* core earnings per share of between 12% and 17%

* earnings per share of between 41% and 48%

* headline earnings per share of between 44% and 51%

Growth on actual earnings for the same period as follows:

* core earnings per share of between 18% and 24%

* earnings per share of between 62% and 70%

* headline earnings per share of between 66% and 74%

The pro forma earnings for the period ended 31 May 2008 represent Blue Label's performance as if the group's restructuring and the capital raised on listing took effect from 1 June 2007; Core earnings reflect the true measure of the group's performance. Historical core earnings reflect the adjustments in respect of non- recurring expenditure arising from the listing and the amortisation of intangible assets. The current year's core earnings represent the actual earnings of the group after adjusting for the amortisation of intangible assets only.
20 Jul 2009 11:08:15
(Official Notice)
It is with deep sadness that Blue Label wishes to inform shareholders that Mr Sidney Ellerine, a non-executive director of the board, passed away on Friday 17 July 2009. Mr Ellerine provided great leadership and direction to the board as well as to executive management and always conducted himself with the utmost integrity and highest regard for the interests of the company.
25 Feb 2009 09:44:57
(C)
Turnover increased from R5.7 billion to R7.5 billion in 2008.Operating profit increased to R250.2 million (2007:R91.4 million). Profit attributable to ordinary shareholders surged to R199.6 million (2007:R40.7 million). In addition, headline earnings on a per share basis grew to reach 26.06cps (2007:3.79cps).



Dividends per share

No dividends were declared for the period under review.



Prospects

In spite of the global economic meltdown, the products and services provided by the group remain resilient. The group will continue to pursue the growth of its global transactional footprint as the foundation for the roll out of its expanding range of secure electronic tokens of value and allied services. The group's transactional point of sale and mobile systems and products and services are currently being integrated into Microsoft's mobile and advertising service platforms. During the course of 2009, these capabilities and services will be rolled out into emerging and developing markets through Microsoft UPG and BLT's global partners, utilising POS and mobile channels. This in future will translate into the monetisation of mobile and POS advertising in these markets. The group has successfully grown its community based channels for the distribution of its products, including starter packs. The intention is to capitalise on this distribution base both organically and through the introduction of new channels. A strategic relationship has been established with First Data Corporation, a leading global transactional switching ser vice provider, in which cross pollination of relative networks is being explored. Subsequent to the period under review, Africa Prepaid Services, a subsidiary of BLT, concluded an agreement with Multilinks Telecommunications Ltd, a subsidiary of Telkom in Nigeria, in terms of which Africa Prepaid Services has been granted a service provider licence in Nigeria. BLT has also acquired an effective 50.1% stake in Virtual Prepaid Network LLC through its newly formed wholly owned subsidiary BLT USA Inc. VPN is based in New York and is focused on virtual distribution of prepaid international calling cards servicing mainly ethnic and emerging markets.
10 Feb 2009 10:31:26
(Official Notice)
Shareholders of Blue Label are advised that the group anticipates the following growth on the proforma earnings for the period ending 30 November 2007:

* Core earnings per share of between 18% and 21% .

* Earnings per share of between 97% and 102% .

* Headline earnings per share of between 96% and 101%



The anticipated growth on actual earnings for the same period is as follows:

* Core earnings per share of between 35% and 39% .

* Earnings per share of between 634% and 654% .

* Headline earnings per share of between 577% and 595%



Pro forma earnings represented the group's performance, taking into account the restructuring and the capital raised on listing effective 1 June 2007.Blue Label Telecoms' financial results for the period ended 30 November 2008 are expected to be announced on or about 25 February 2009.
12 Nov 2008 13:03:28
(Official Notice)
Shareholders are advised that all resolutions were passed at the annual general meeting. The special resolution will be lodged with the Registrar of Companies.
21 Oct 2008 17:07:42
(Official Notice)
Shareholders are advised that Bluetel has dispatched to shareholders its annual report for the year ended 31 May 2008, incorporating the audited annual financial statements and notice of annual general meeting. The annual financial statements contain no modifications to the audited results which were published on SENS on 26 August 2008. The annual report and notice of annual general meeting is also available on the company's website www.bluelabeltelecoms.com.



Notice of the AGM

Notice was given that the first annual general meeting of Blue Label shareholders will be held at Blue Label Corporate Offices, 75 Grayston Drive, Morningside, Sandton on Wednesday, 12 November 2008, at 10:00 to transact the business as stated in the notice of the annual general meeting.
01 Sep 2008 09:48:40
(Media Comment)
Business Day reported that BlueTel has won a three-year deal to conduct secure debit and credit card payments for Spar stores nationwide.
26 Aug 2008 08:41:56
(C)
The group?s reported results for the year ended 31 May 2008 reflects actual group revenue of R12.55 billion (pro forma - R12.93 billion), EBITDA of R328 million (pro forma - R347 million), net profit after tax of R181 million (pro forma - R269 million) and core net profit after tax of R270 million (pro forma - R371 million). Comparing the actual results with the predecessor value audited 2007 results, revenue of the group increased by R3.65 billion (41%) mainly due to strong organic growth and continued escalation in consumer demand for prepaid airtime. Actual net profit increased by 25.5% to R181 million and actual basic earnings per share increased by 16.5% to 30.65 cents.



Dividends

As per the group?s previously disclosed dividend policy, BLT will only consider paying a dividend from the financial year commencing 1 June 2010.



Prospects

The group is financially sound. It is well positioned to grow its global transactional footprint and to roll-out its proven business model in emerging markets through both organic growth and strategic acquisitions. The group intends to diversify its product offerings and income streams, through, for example, the inclusion of revenues from advertising and money transfers. The group will continue to grow the markets in which it operates with the introduction of innovative and varied prepaid and transactional products and services as well as lifestyle oriented products that promote convenience and accessibility. Key strategies aimed at enhancing the group?s share of total local prepaid average revenue?s per user have been identified. The group?s proprietary technologies are constantly being improved and developed to ensure that the group has the competency and capacity to expand its transactional footprint and to roll-out its product offerings and services in emerging markets.
14 Jul 2008 14:57:26
(Official Notice)
Shareholders of BlueTel are advised that the group anticipates an increase in the following:

*earnings and headline earnings of between 20% and 30% when compared to the forecast earnings and headline earnings reported in the pre listing statement (PLS);

*pro forma earnings and headline earnings of between 7% and 12% when compared to the forecast pro forma earnings and headline earnings in the PLS.



Pro forma reconciliation

BlueTel's financial results for the financial year ended 31 May 2008, which are expected to be announced on or about 26 August 2008, will include a reconciliation of the group's unaudited pro forma financial information for the year ended 31 May 2008 with the actual results for the financial year ended 31 May 2008.



Strategic relationship in Mexico

Blue Label Mexico

Shareholders are advised that BlueTel has jointly established Blue Label Mexico, with Nadhari SA de CV, a Mexican company that has expertise in the strategic and operational development of products and services within emerging markets.



Blue Label Mexico has been created to pursue opportunities which are complimentary to BlueTel's current areas of business. The establishment of a business presence in Mexico is an important step in the group's goal of creating a transaction based distribution network in the emerging markets of Latin America.



It is intended that Blue Label Mexico will serve as a platform for the sale and distribution of secure electronic tokens of value, including Microsoft products, services and advertisements, pursuant to the strategic relationship between BlueTel and Microsoft Corporation.



Senior members of BlueTel's South African management and technology teams are actively involved in the introduction and implementation of BlueTel business strategies, processes and technologies in Mexico. Blue Label Mexico will commence business on 1 September 2008.
26 May 2008 15:11:53
(Official Notice)
The board of directors of BlueTel announced the appointment of Mr Peter Mansour to the board as a non-executive director with effect from 22 May 2008.
14 Apr 2008 17:07:16
(Official Notice)
14 Apr 2008 17:04:06
(Official Notice)
The JSE Ltd ("the JSE") wishes to advise that it has considered various dealings in BLT securities by Mr S Diamond and his spouse, the spouse of Mr S Kaplan and Mr G Prosser. Messrs. Diamond, Kaplan and Prosser are directors of a major subsidiary of BLT, namely The PrePaid Company (Pty) Ltd. After careful consideration of these dealings and the circumstances surrounding them, the JSE has found Mr. S. Diamond guilty of breaching paragraphs 3.65, 3.66, 3.71(a) and 3.72 of the Listings Requirements. As a result Mr S Diamond has been fined R100 000.00 (of which R60 000.00 has been suspended for 12 months). Any further breaches of the Listings Requirements by Mr Diamond will result in the suspended fine becoming payable immediately with possible further action being taken by the JSE. The JSE wishes to state that it views any breach of the Listings Requirements in a very serious light and has notified Mr S Diamond of the disappointment of the JSE with respect to his conduct.



The JSE has also found Mr S Kaplan guilty of contravening paragraphs 3.71(a) and 3.72 and Mr. G. Prosser guilty of contravening paragraphs 3.65 and 3.66 of the Listings Requirements. In the interests of clarity the JSE would like to state that it is not a requirement for associates of directors to obtain clearance to trade. However, directors are required to notify their associates in writing not only as to when they are restricted from trading but also that they (the directors) must be informed when their associates deal in order that the information may be released over SENS. There is no obligation on the part of brokers to ensure that directors comply with the Listings Requirements, other than to follow the instructions given by directors as to when they are permitted, or not permitted, to conduct trades.
11 Apr 2008 08:19:13
(Media Comment)
BlueTel has been accused by a former employee of selling software that he developed. Business Day reported that the man's name is Russel Hawkins. Hawkins said that he developed a technology called Mobile Media Messaging, which was integral to the company winning accounts with Microsoft and Absa, but did not receive compensation for this. A spokesman for BlueTel, Gareth Sharp, commented that Hawkins' claims carry no merit.
01 Apr 2008 16:16:50
(Official Notice)
In compliance with Rules 3.63 - 3.74 of the JSE listing requirements, an executive director of The Prepaid Company (Pty) Ltd (TPC), a major subsidiary of Blue Label, issued a SENS announcement regarding his purchase of Blue Label shares. In light of the JSE Ltd's (JSE) ongoing investigation into Blue Label, the company has informed the JSE of the aforementioned open period share purchase. The JSE's investigation into Blue Label concerns a breach by associates of directors of TPC, and in certain instances the directors themselves, of their obligations in terms of the JSE's listings requirements. These obligations relate specifically to the individuals concerned requiring approval from the company's designated director prior to dealing in the company's shares as well as the timeous announcement of such share dealings to the market via SENS. Blue Label and its executive management team are co-operating fully with the JSE's investigation.
28 Mar 2008 08:22:36
(Media Comment)
Business Report noted that the JSE was investigating share trades by directors of a subsidiary of BlueTel. BlueTel said that that it has reprimanded the directors concerned, and that the JSE's verdict was "imminent". The company declined to comment further.
06 Mar 2008 11:26:04
(Media Comment)
According to Finweek, BlueTel might seem like a good investment, but investors should possibly take a wait and see attitude. They should not assume, that just because Microsoft acquired a 12% stake in the company, that they should also. This is because, at least in the short-term, if BlueTel's results for the six month period to 31 November 2007 are anything to go by, the company's operating margins were a paltry 1.74%.However, CFO David Rivkind said that the next interim period will give a better indication of performance.
19 Feb 2008 09:32:41
(C)
The group's reported results for the six month period ended 30 November 2007 show actual group revenue of R5.8 billion, EBITDA of R110.4 million, profit from core operations of R85 million and a net profit of R40.7 million (R14.4 million of which is attributable to equity holders). The group incurred once off expenses, net of tax, of R65.8 million relating to the management bonus settlement and the termination of a commission agreement, as expounded upon in the pre-listing statement.



Dividends

One of the subsidiary companies declared a dividend, of which R1 million has accrued to the minority shareholder (49.9%). As per the group's dividend policy, disclosed in its pre-listing statement, BLT will only consider paying a dividend from the financial year commencing 1 June 2010.



Prospects

The directors of BLT are pleased with the group's half year performance, which exceeded management expectations and internal budgets. BLT plans to focus on growing its mobile offering and further enhancing its bouquet of proprietary and third party value added products and services. These initiatives are expected to enhance BLT's annuity based income stream in the medium term, compounding over the longer term. BLT will focus on organically enhancing the growth of its global secure electronic token and transactional services footprint and will concentrate on looking for strategic and complementary acquisition opportunities. BLT's strategic partnership with Microsoft positions it well to become Microsoft Corporation's preferred emerging market touch point, secure electronic token and mobile partner.
20-Jun-2017
(X)
Blue Label?s core business is the virtual distribution of secure electronic tokens of value, predominantly prepaid airtime, starter packs and electricity at present, and transactional services across its global footprint of touch points.



The Group?s stated strategy is to extend its global footprint of touch points, both organically and acquisitively, to fulfill the significant demand for the delivery of multiple prepaid products and services through a single distributor, across various delivery mechanisms and via numerous merchants or vendors.


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox