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28-Aug-2018
(C)
Revenue for the interim period was higher at R1.4 billion (R1.3 billion) whilst operating profit rose to R183.7 million (R155.9 million). Loss attributable to equity holders came in at R282.1 million (loss of R244.1 million). In addition, headline loss per share was 118.6cps (headline loss per share of 101.4cps).



Dividend

In line with previous years, no interim dividend is declared for the half year.



Company prospects

The Group will continue to maintain its positive long-term view on its investments and pursue value accretive opportunities.
28-Aug-2018
(Official Notice)
13-Jun-2018
(Official Notice)
10-May-2018
(Official Notice)
Shareholders are advised that the voting results for the annual general meeting of Brimstone which was held on Wednesday, 9 May 2018 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the annual general meeting.
10-May-2018
(Official Notice)
Shareholders are advised that Mrs T Moodley (BA (Law) LLB) has been appointed as an Executive Director of Brimstone, responsible for legal, compliance and governance, with immediate effect.

24-Apr-2018
(Official Notice)
Shareholders are referred to the cautionary announcements published on SENS on 11 December 2017, 25 January 2018 and 8 March 2018 (the ?Announcements?) regarding the proposed acquisition by a consortium of broad-based black economic empowerment investors led by Brimstone?s 54.9% held subsidiary, Sea Harvest Group Ltd. (?Sea Harvest?) (the ?B-BBEE Consortium?), of the entire fishing business of Viking Fishing Holdings (Pty) Ltd. as well as the acquisition by Sea Harvest of 51% of the issued share capital of Viking Aquaculture (Pty) Ltd. (the ?Proposed Transaction?).



The company is pleased to advise that Sea Harvest has received approval from the Department of Agriculture, Forestry and Fisheries in terms of section 21 of the Marine Living Resources Act 18 of 1998 for the transfer of the fishing rights to the respective members of the B-BBEE Consortium.



Further to the Announcements, shareholders are advised that progress in regard to the Proposed Transaction is continuing and an announcement providing full details of the Proposed Transaction will be made as soon as practicably possible.



Accordingly, Brimstone shareholders are advised to continue to exercise caution when dealing in the company?s securities until such further announcement is made.
23-Apr-2018
(Official Notice)
Shareholders are referred to Brimstone?s reviewed preliminary condensed consolidated results for the year ended 31 December 2017, the finalisation announcement and the cash fraction announcement released on SENS on 6 March 2018, 10 April 2018 and 19 April 2018 respectively, relating to the declaration of a cash dividend of 42 cents (the ?Cash Dividend?) incorporating an election to receive the Cash Dividend or a scrip dividend as an alternative (the ?Scrip Dividend Alternative?), with the default election being the Scrip Dividend Alternative.



In terms of the Scrip Dividend Alternative, 1 284 572 new Brimstone ordinary shares and 2 073 438 new Brimstone ?N? ordinary shares were allotted for transfer to shareholders who did not elect to receive the Cash Dividend in respect of all or part of their shareholding, resulting in a capitalisation of Brimstone?s distributable retained profits of R36 856 828.15.



Shareholders recorded in the register of the Company at the close of business on Friday, 20 April 2018 (?Record Date?), holding 8 613 837 Brimstone ordinary shares and 151 741 764 Brimstone ?N? ordinary shares respectively, elected to receive the Cash Dividend.



The payments of the Cash Dividend of R67 349 352.42 and the cash fractions applicable to the Scrip Dividend Alternative of R8 579.35 result in the payment of a total gross Cash Dividend of R67 357 931.77, which was declared out of income reserves.



Cheques have been posted to certificated shareholders and accounts have been credited by CSDPs or brokers to dematerialised shareholders in respect of the Cash Dividend, and share certificates have been posted to certificated shareholders and accounts credited by CSDPs or brokers to dematerialised shareholders in respect of the Scrip Dividend Alternative.



An adjustment to the Brimstone ordinary shares and Brimstone ?N? ordinary shares listed in respect of the Scrip Dividend Alternative will be made on or about Tuesday, 24 April 2018.
19-Apr-2018
(Official Notice)
10-Apr-2018
(Official Notice)
10-Apr-2018
(Official Notice)
29-Mar-2018
(Official Notice)
Shareholders are advised that the Company?s annual compliance report in terms of section 13G(2) of the Broad-based Black Economic Empowerment Amendment Act, No 46 of 2013, is available on the Company?s website at www.brimstone.co.za.

22-Mar-2018
(Official Notice)
Shareholders are referred to the announcement released by Brimstone on SENS on 13 October 2017 (the ?Initial Announcement?). The Initial Announcement stated, in summary, that Brimstone and Stadio Holdings Ltd. (?STADIO?), acting through a newly incorporated private company, Milpark Investments SPV (Pty) Ltd. (?Milpark SPV?), in which Brimstone has an effective interest of 30%, had concluded an agreement to acquire 100% of the issued share capital of MBS Education Investments (Pty) Ltd. (?MBS Education?) (the ?Acquisition?). MBS Education is an investment holding company holding 100% of the issued shares of Milpark.



The Acquisition has now become unconditional and was implemented on Monday, 19 March 2018.



Asset-for-share transaction

Shareholders are further advised that Brimstone has entered into an asset-for-share agreement with STADIO in terms of which Brimstone will sell 17.2% in Milpark SPV to STADIO for approximately R50.9 million (the ?Consideration?) in exchange for STADIO ordinary shares (?STADIO Shares?) (the ?Transaction?). The Consideration is the cost of Brimstone?s effective 17.2% interest in Milpark SPV. Brimstone will retain a 12.8% interest in Milpark SPV post the Transaction.



The Consideration will be settled by STADIO issuing 9,781,273 STADIO Shares to Brimstone at the 30 trading day volume weighted average price of STADIO Shares immediately prior to Tuesday, 20 March 2018 (which was R6.50 per STADIO Share), less a 20% discount, amounting to an issue price of R5.20 per STADIO Share.



The STADIO Shares issued to Brimstone in terms of the Transaction, will be subject to a BEE lock-in period of seven years.



The Transaction will continue to entrench the long-term strategic relationship between Brimstone and STADIO, as announced by the parties on 15 September 2017. The Transaction falls below the categorisation thresholds of the JSE Ltd. Listings Requirements and has been disclosed on a voluntary basis.



Shareholders are also referred to the announcement released by STADIO today, setting out additional details of the Transaction.
08-Mar-2018
(Official Notice)
Further to the Company?s reviewed preliminary condensed consolidated results for the year ended 31 December 2017 released on SENS on 6 March 2018 which contained a declaration by the board of a final cash dividend of 42 cents per Brimstone share (the ?Cash Dividend?) incorporating an election to receive the cash dividend or a scrip dividend as an alternative (the ?Scrip Dividend Alternative?), Brimstone shareholders are hereby advised that a circular containing full details regarding the cash dividend and scrip dividend alternative has been posted to shareholders on Thursday, 8 March 2018.

08-Mar-2018
(Official Notice)
Shareholders are referred to the cautionary announcements published on SENS on 11 December 2017 and 25 January 2018 (the ?Announcements?) regarding the proposed acquisition by a consortium of broad-based black economic empowerment investors led by Brimstone?s 54.9% held subsidiary, Sea Harvest Group Ltd. (?Sea Harvest?), of the entire fishing business of Viking Fishing Holdings (Pty) Ltd. as well as the acquisition by Sea Harvest of 51% of the issued share capital of Viking Aquaculture (Pty) Ltd. (the ?Proposed Transaction?).



Further to the Announcements, shareholders are advised that further progress has been made in regard to the Proposed Transaction and an announcement providing full details of the Proposed Transaction will be made as soon as practicably possible.



Accordingly, Brimstone shareholders are advised to continue to exercise caution when dealing in the Company?s securities until such further announcement is made.
06-Mar-2018
(C)
Revenue for the period increased to R2.8 billion (R2.7 billion) whilst operating profit lowered to R374.5 million (R459.5 million). Profit attributable to equity holders tumbled to R46.0 million (R170.7 million). furthermore, headline earnings per share plummeted to 11.2 cents per share (48.0 cents per share).



Dividend

Brimstone's board has declared the final Cash Dividend of 42 cents per Brimstone share for the year ended 31 December 2017 (2016: 42 cents per Share) payable on Monday, 23 April 2018. In addition, shareholders have been provided with an election to receive the Cash Dividend or the Scrip Dividend Alternative, with the default election being the Scrip Dividend Alternative.



Company prospects

The Group has a track record of more than 20 years of creating and unlocking shareholder value in a sustainable way and has the team with the skills and experience to conclude value adding deals. The Group is defined by bona fide empowerment credentials, and its ability to enhance NAV and pay dividends. Brimstone has over the years demonstrated its resilience to withstand tough economic conditions as it has once again shown during the 2017 financial year. Brimstone remains well capitalised to pursue value enhancing transactions based on cash generative quality assets and will continue to maintain a long-term view and partnership approach to its underlying investments.
05-Mar-2018
(Official Notice)
For the year ended 31 December 2017, Brimstone expects to report:

* basic earnings per share of between 17.4 cents to 20.8 cents compared to basic earnings per share of 70.9 cents reported for the year ended 31 December 2016 (a decrease of between 71% and 75%); and

* basic headline earnings per share of between 10.2 cents to 12.2 cents compared to basic headline earnings per share of 48.0 cents reported for the year ended 31 December 2016 (a decrease of between 75% and 79%).



Brimstone?s results for the year ended 31 December 2017 will be released on SENS on or about 6 March 2018.
07-Feb-2018
(Official Notice)
Brimstone shareholders are advised that the Company has disposed of 13 519 142 Life Healthcare ordinary shares (?Life Healthcare shares?) at an average price of R26.78 per Life Healthcare share on the open market, for an aggregate consideration of R361 995 230 (the ?Disposal?). The Disposal took place in various tranches and was completed on Friday, 2 February 2018.



Consideration and application of proceeds

The total consideration received by Brimstone for the Disposal will be used to repay certain outstanding debt funding obligations.
07-Feb-2018
(Official Notice)
Brimstone shareholders are advised that the Company has disposed of 13 519 142 Life Healthcare ordinary shares (?Life Healthcare shares?) at an average price of R26.78 per Life Healthcare share on the open market, for an aggregate total consideration of R361 995 230 (the ?Disposal?).



The Disposal took place in various tranches and was completed on Friday, 2 February 2018.



Consideration and application of proceeds

The total consideration received by Brimstone for the Disposal will be used to repay certain outstanding debt funding obligations.



Value of net assets and fair value gain attributable to the Disposal

The fair value of the net assets that are the subject of the Disposal as contained in Brimstone?s unaudited interim results for the six months ended 30 June 2017 is R346 765 992 and the fair value gain for the period attributable to the net assets that are the subject of the Disposal is R15 229 238 before taxation and R6 823 326 after taxation.
06-Feb-2018
(Official Notice)
Brimstone shareholders are advised that the Company, through its wholly-owned subsidiary Brim Tiger SPV (Pty) Ltd. (?Brimstone SPV?), has disposed of 1 813 613 Tiger Brands ordinary shares (?Tiger Brands shares?) in 3 separate transactions (the ?Disposals?). The Disposals were concluded for a total consideration of R387 253 998.13.



Terms of the Disposals

The terms of the Disposals are as follows:

* In terms of the Tiger Brands Phase II Black Economic Empowerment Transaction implemented in 2009 (?Tiger Brands BEE transaction?), Tiger Brands was entitled to repurchase a certain number of the Tiger Brands shares held by Brimstone SPV following expiry of the lock-in period, being 31 December 2017 (the ?Lock-in Period Expiry Date?). On 3 January 2018 Tiger Brands repurchased 861 257 Tiger Brands shares from Brimstone SPV at R7.40 per share, for a total consideration of R6 373 301.80 (the ?Tiger Brands Disposal?).

* Brimstone SPV sold 352 356 Tiger Brands shares on the open market at an average price of R442.7425 per Tiger Brands share, for a total consideration of R156 002 976.33 on 16 January 2018 (the ?First Open Market Disposal?); and

* In June 2017, Brimstone SPV entered into a forward sale transaction with FirstRand Bank Ltd. (acting through its Rand Merchant Bank Division) (the ?Forward Sale Transaction?) over 600 000 Tiger Brands shares. In terms of the Forward Sale Transaction, cash settlement took place over 5 equal tranches between Monday, 29 January 2018 and Friday, 2 February 2018. Over the same 5 day period, Brimstone SPV elected to dispose of the 600 000 Tiger Brands shares on the open market (the ?Second Open Market Disposal?). Brimstone SPV received a net price of R374.7962 per Tiger Brands share, for a total consideration of R224 877 720.00 through the combination of the Forward Sale Transaction and Second Open Market Disposal (collectively the ?Hedged Disposal?).



Conditions precedent

The Disposals are not subject to any conditions precedent.



Value of net assets and fair value gain attributable to the Disposals

The fair value of the net assets that are the subject of the Disposal as contained in Brimstone?s unaudited interim results for the six months ended 30 June 2017 is R324 855 417.00. The fair value gain for the period attributable to the net assets that are the subject of the Disposals is R48 422 849.15 after taxation.
31-Jan-2018
(Official Notice)
Brimstone shareholders are referred to the announcement released on SENS on 19 December 2017 (the ?Initial Announcement?) which advised that Brimstone, through its wholly owned subsidiary, Newshelf 1416 (Pty) Ltd., had entered into a subscription agreement and a relationship agreement with FPG Investments (Pty) Ltd. and its wholly-owned subsidiary, FPG Property Fund (Pty) Ltd. (?FPG Property Fund? or the ?Fund?) pursuant to which Brimstone will invest in the Fund, a Cape-based black-owned and managed unlisted property fund with a portfolio of properties (the ?Properties?) catering for the retail, industrial and office sectors (the ?Transaction?).



Independent Expert?s Opinion

As advised in the Initial Announcement, the Transaction is considered to be a ?small related party? transaction in terms of the JSE (?JSE?) Ltd. Listings Requirements and Brimstone was in the process of appointing an independent expert (the ?Independent Expert?) acceptable to the JSE. Brimstone can now confirm that Effortless Corporate Finance (Pty) Ltd. has been appointed as the Independent Expert and has provided the JSE with written confirmation that the terms of the Transaction are fair insofar as the shareholders of Brimstone are concerned. The Independent Expert?s Opinion is available for inspection at Brimstone?s registered office for a period of 28 days from the date of this announcement.



Valuation report

As the Transaction involves property, Brimstone appointed Mills Fitchet Magnus Penny as the independent registered valuer (the ?Independent Valuer?) to provide an independent valuation report in respect of the Properties (the ?Valuation Report?). The Independent Valuer has finalised the Valuation Report and the Valuation Report is available for inspection at Brimstone?s registered office for a period of 28 days from the date of this announcement. The valuation of the Properties was carried out by Mr MRB Gibbons of the Independent Valuer. Mr Gibbons is registered without restriction as a Professional Valuer in terms of the Property Valuers Profession Act, No 47 of 2000.



Conditions precedent

All conditions precedent set out in the Initial Announcement have now been fulfilled.
25-Jan-2018
(Official Notice)
Shareholders are referred to the cautionary announcement published on SENS on 11 December 2017 regarding the proposed acquisition by a consortium of broad-based black economic empowerment investors led by Brimstone?s 54.9% held subsidiary, Sea Harvest Group Ltd. (?Sea Harvest?), of the entire fishing business of Viking Fishing Holdings (Pty) Ltd. as well as the acquisition by Sea Harvest of 51% of the issued share capital of Viking Aquaculture (Pty) Ltd. (?the Proposed Transaction?).



Further to the announcement on 11 December 2017, shareholders are advised that progress is being made in regard to the Proposed Transaction and an announcement providing further details on the Proposed Transaction will be made as soon as practicably possible. Accordingly, Brimstone shareholders are advised to continue to exercise caution when dealing in the Company?s securities until such further announcement is made.
19-Dec-2017
(Official Notice)
15-Dec-2017
(Official Notice)
The transactions set out below have had no impact on the ultimate beneficial shareholdings in Brimstone ordinary shares (?ordinary shares?) and Brimstone ?N? ordinary shares (?N? ordinary shares?).



In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Ltd. Listings Requirements, shareholders are advised that, through a series of inter-conditional transactions implemented during the period 8 to 13 December 2017:

1. African Monarch 710 Investment Holdings (Pty) Ltd. (?African Monarch?) (Messrs F. Robertson and M.A. Brey, executive directors of Brimstone, each have an indirect beneficial holding of 25% in the share capital of African Monarch), having acquired an additional 3 232 780 ordinary shares and 3 467 356 ?N? ordinary shares (immediately preceding the disposal), has disposed of its entire shareholding in the Company, comprising 7 444 084 ordinary shares and 7 607 733 ?N? ordinary shares, to the parties set out in paragraph 3 below;

2. Cape Monarch Investments (RF) (Pty) Ltd. (?Cape Monarch?) (a 100% held subsidiary of African Monarch) has disposed of its entire shareholding in the Company, comprising 3 538 104 ordinary shares and 48 549 671 ?N? ordinary shares, to the parties set out in paragraph 3 below; and

3. The following parties have acquired shareholdings in ordinary shares and ?N? ordinary shares from both African Monarch and Cape Monarch:

a. Friedshelf 1801 (Pty) Ltd. has acquired 2 745 547 ordinary shares and 14 039 351 ?N? ordinary shares;

b. Friedshelf 1799 (Pty) Ltd. has acquired 2 745 547 ordinary shares and 14 039 351 ?N? ordinary shares;

c. Friedshelf 1798 (Pty) Ltd. has acquired 2 745 547 ordinary shares and 14 039 351 ?N? ordinary shares (Mr M.A. Brey has an indirect beneficial interest in Friedshelf 1798 (Pty) Ltd.); and

d. Friedshelf 1800 (Pty) Ltd. has acquired 2 745 547 ordinary shares and 14 039 351 ?N? ordinary shares (Mr F. Robertson has an indirect beneficial interest in Friedshelf 1800 (Pty) Ltd.).
11-Dec-2017
(Official Notice)
Shareholders are advised that Brimstone?s 54.9% held subsidiary, Sea Harvest Group Ltd. (?Sea Harvest?), has entered into negotiations relating to:

* the acquisition by a consortium of broad-based black economic empowerment investors led by Sea Harvest of the entire fishing business of Viking Fishing Holdings (Pty) Ltd. ("Viking Fishing"), by way of the purchase of various assets and businesses from, and shareholdings in, Viking Fishing and certain subsidiaries, affiliates and joint venture partners of Viking Fishing; and

* the acquisition by Sea Harvest of 51% of the issued share capital of Viking Aquaculture (Pty) Ltd.;

collectively ?the Proposed Transaction? which, if successfully concluded, may have a material effect on the price of Brimstone ordinary and ?N? ordinary shares.



The Proposed Transaction is subject to the fulfilment of a number of conditions precedent which have been detailed in a cautionary announcement released by Sea Harvest on SENS today.



Accordingly, Brimstone shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made in this regard.
18-Oct-2017
(Official Notice)
A full analysis of the Intrinsic NAV, together with applicable explanations for the quarter ended 30 September 2017 is set out in the relevant SENS note.



The INAV information presented has been prepared on a basis consistent with that used in the integrated report for the year ended 31 December 2016 which is available on the company?s website at www.brimstone.co.za.
13-Oct-2017
(Official Notice)
Shareholders were advised that Brimstone and Stadio Holdings Ltd. (?STADIO?), acting through a newly incorporated private company, Milpark Investments SPV (Pty) Ltd. (?Milpark SPV?) in which Brimstone will have an effective interest of 30%, have entered into an agreement with Co?perative Apollo Global Netherlands U.A. (?Apollo?), Encosolve (Pty) Ltd. (?Encosolve?) and MBS Education Investments (Pty) Ltd. (?MBS Education?) to acquire 100% of the issued share capital of MBS Education, which is the investment holding company holding 100% of the issued shares of Milpark Education (Pty) Ltd. (?Milpark?) (?the Acquisition?). The purchase consideration payable for Brimstone?s 30% stake in Milpark is R96 million and will be settled from existing cash resources.



Rationale for the Acquisition

Brimstone has assessed the fundamentals of the South African higher education landscape and believes the opportunity to invest in it to be attractive and STADIO to be the ideal partner to invest with. The Acquisition further entrenches the long-term strategic relationship between Brimstone and STADIO announced on 15 September 2017.
15-Sep-2017
(Official Notice)
23-Aug-2017
(C)
Revenue for the interim period was higher at R1.3 billion (R1.2 billion) whilst operating profit rose to R155.9 million (R123.2 million). Loss attributable to equity holders came in at R244.1 million (profit of R29.6 million). In addition, headline loss per share was 101.4cps (earnings of 11.5cps).



Dividend

In line with previous years, no interim dividend is declared for the half year.



Prospects

The Group will continue to maintain its positive long-term view on its investments and pursue value accretive opportunities.
21-Aug-2017
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 5 July 2017 and are advised that further clarification is now provided as to the extent of the decrease referred to in the aforementioned announcement.



For the six months ended 30 June 2017, Brimstone expects to report:

- a basic loss per share of between 92.4 cents to 110.8 cents, compared to basic earnings per share of 12.2 cents reported for the six months ended 30 June 2016; and

- a basic headline loss per share of between 92.2 cents to 110.6 cents, compared to basic headline earnings per share of 11.5 cents reported for the six months ended 30 June 2016.



Brimstone?s results for the six months ended 30 June 2017 will be released on SENS on or about 23 August 2017.
11-Aug-2017
(Official Notice)
Brimstone announced that it will not be proceeding with the proposed acquisition of a T20 Global League franchise. The consortium led by Brimstone was announced as the successful bidder of the Stellenbosch/Paarl franchise by Cricket South Africa.



Following the announcement in June this year, Brimstone continued its own internal process in regards to the proposed acquisition of the franchise. As a result of this process the Company has decided not to proceed with this venture.

05-Jul-2017
(Official Notice)
Brimstone expects to report a basic loss per share and basic headline loss per share for the six months ended 30 June 2017, which represents a decrease of more than 100% compared to the six months ended 30 June 2016 (?comparative period?). The decrease is primarily as a result of downward fair value adjustments to investments. Basic earnings per share of 12.2 cents and basic headline earnings per share of 11.5 cents were reported in the comparative period.



Once the company has clarity on the actual range of the decrease, a further trading statement will be released on SENS.



Shareholders are advised that the company?s results for the six months ended 30 June 2017 are expected to be published on or about 23 August 2017.
11-May-2017
(Official Notice)
Shareholders are advised that the voting results for the annual general meeting of Brimston which was held on Wednesday, 10 May 2017 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town, all resolutions were passed by the requisite majority of Brimston shareholders present in person or represented by proxy at the annual general meeting.
06-Apr-2017
(Official Notice)
Shareholders are advised that Brimston has resolved to report on Intrinsic Net Asset Value (?Intrinsic NAV?) on a quarterly basis going forward.
31-Mar-2017
(Official Notice)
Shareholders are advised that Brimstone?s wholly-owned subsidiary, Newshelf 1169 (Pty) Ltd. (?Newshelf?), has entered into a subscription agreement with Long4Life Ltd. (?Long4Life?) to subscribe for 40 000 000 ordinary shares in Long4Life (?the Subscription Shares?) at a price of R5.00 per Subscription Share (?the Transaction?).



The effective date of the Transaction will be 4 April 2017 or such later date as is the third business day prior to the date on which the Subscription Shares will commence trading on the JSE Ltd. (?the JSE?), which is expected to be 7 April 2017.



Details of the transaction

The transaction will result in Brimstone acquiring the Subscription Shares in the share capital of Long4Life, representing an interest in the ordinary share capital of Long4Life of approximately 9.88%.



Consideration for the transaction

The total consideration for the transaction is R200 000 000 which will be settled by Brimstone from available cash resources.



Conditions precedent

The transaction is subject to the fulfilment or waiver, as the case may be, of the following conditions precedent by no later than 4 April 2017:

*the JSE having approved the pre-listing statement of Long4Life (?the PLS?) and the PLS having been published by Long4Life; and

*the JSE having approved the Listing.



Value and profits attributable to the net assets of Long4Life

The value of the net assets of Long4Life were R100 as at 30 June 2016, being prior to its capital raising and the Listing. Long4Life did not engage in any trading activities from incorporation (2 June 2016) to 30 June 2016 and accordingly statements of profit or loss and other comprehensive income were not prepared.



Categorisation of the Transaction

The transaction is categorised as a Category 2 transaction in terms of the JSE Listings Requirements.

28-Mar-2017
(Official Notice)
Specific Repurchase

Introduction

Shareholders are advised that Brimstone intends proposing a specific repurchase of 2 137 000 Brimstone Ordinary shares and 4 809 174 ?N? Ordinary shares from Septen Investments Pty Ltd (?Septen?), a wholly-owned subsidiary of Brimstone (?the Specific Repurchase?), at the Company?s annual general meeting (?AGM?). The Specific Repurchase is subject to the provisions of the Memorandum of Incorporation of the Company, the Companies Act, No. 71 of 2008 (?the Companies Act?) and the JSE Limited (?JSE?) Listings Requirements, where applicable.



Salient dates and times

The salient dates and times for the Specific Repurchase and the AGM are as follows: 2017

*Last day to trade to be entitled to attend, participate and vote at the AGMTuesday, 2 May

*Record date to be entitled to attend, participate and vote at the AGM Friday, 5 May

*Form of proxy to be received by 17:00 on Monday, 8 May

*AGM to be held at 19:00 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town onWednesday, 10 May

*Results of the AGM to be released on SENS on Wednesday, 10 May

*Cancellation and delisting of 2 137 000 Ordinary shares and 4 809 174 ?N? Ordinary shares on or about Friday, 19 May



Notice of AGM

The special resolution proposing the Specific Repurchase, which includes full details of the Specific Repurchase as required by the JSE Listings Requirements and the Companies Act, is contained in the notice of AGM which forms part of the Company?s integrated report.



No change statement

Further to Brimstone's reviewed results for the year ended 31 December 2016, published on SENS on 27 February 2017, the integrated report for the year ended 31 December 2016 and notice of AGM was dispatched to shareholders on 28 March 2017. The integrated report contains no material modifications to the aforementioned published reviewed results.



The integrated report is also available on the Company?s website (www.brimstone.co.za).

17-Mar-2017
(Official Notice)
Brimstone shareholders are referred to Sea Harvest?s Pre-listing Statement and the announcements released on SENS on 8 February 2017 and 6 March 2017 regarding the offer of ordinary no par value shares in Sea Harvest, subject to certain conditions (the ?Offer?), the bookbuild in relation to the Offer closed at 14:00 (South African standard time) on Thursday, 16 March 2017.



Due to strong levels of demand for Sea Harvest shares (?Shares?), Sea Harvest increased the size of the offer with the result that the company has successfully raised an aggregate amount of R1.329 billion through the placement of 106 333 334 Shares at a price of R12.50 per Share.



The settlement date for the Offer will be Thursday, 23 March 2017, on which date the shares will be listed on the main board of the JSE with effect from the commencement of trade in the ?Farming, Fishing and Plantation? sector under the abbreviated name ?SeaHarvst?, JSE share code ?SHG? and ISIN ZAE000240198. Any change in the aforementioned date will be announced on SENS. For further details on the Offer please refer to the announcement released by Sea Harvest this afternoon.

09-Mar-2017
(Official Notice)
Shareholders are advised of the voting results for the general meeting of Brimstone to vote on the proposed listing of Sea Harvest Holdings (Pty) Ltd., a subsidiary of Brimstone, which was held on Thursday, 9 March 2017 at the registered office of Brimstone, 1st Floor, Slade House, Boundary Terraces, 1 Mariendahl Lane, Newlands, Cape Town.



Based on the voting results, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the general meeting.



02-Mar-2017
(Official Notice)
Shareholders of Brimstone are referred to the announcement released on SENS on 8 February 2017 and the circular posted to Brimstone shareholders on the same date, relating to the Proposed Listing.



The general meeting to approve the Proposed Listing (the ?General Meeting?) is scheduled to take place at 11:00 on Thursday, 9 March 2017, at the registered office of Brimstone, 1 st floor, Slade House, Boundary Terraces, 1 Mariendahl Lane, Newlands, Cape Town, 7700, and in this regard, Brimstone is pleased to advise that it has received irrevocable undertakings from shareholders (?Irrevocable Undertakings?) to vote in favour of the Proposed Listing as follows:

*65.31% of Brimstone ordinary shareholders, representing 25 134 095 Brimstone ordinary shares (total ordinary shares in issue is 38 484 530 (excluding treasury shares)); and

*49.44% of Brimstone ?N? ordinary shareholders, representing 115 498 293 Brimstone ?N? ordinary shares (total ?N? ordinary shares in issue is 233 614 513 (excluding treasury shares)),



representing 64.40% of the total votes able to be cast at the General Meeting.



The Irrevocable Undertakings will be available for inspection at the registered office of Brimstone as of today, until the date of the General Meeting.

27-Feb-2017
(C)
Revenue for the year jumped to R2.688 billion (2015: R2.208 billion), operating profit shot up to R459.5 million (2015: R185.7 million), profit attributable to equity holders of the parent turned around to R170.7 million (2015: loss of R699 million), while headline earnings per share improved to 48 cents per share (2015: loss of 295.3 cents per share).



Dividend

Brimstone's board has declared a final dividend of 42 cents per share for the year ended 31 December 2016 (2015: 35 cents per share) payable on Monday, 24 April 2017.



Prospects

The Group is defined by bona fide empowerment credentials, and its long-term ability to enhance NAV and pay dividends. The Group will continue to maintain its positive long-term view on its investments and pursue value accreting opportunities.
21-Feb-2017
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 2 February 2017 and are advised that further clarification is now provided as to the extent of the increase referred to in the aforementioned announcement.



For the year ended 31 December 2016, Brimstone expects to report:

- earnings per share of between 64.1 cents to 77.0 cents compared to a loss per share of 284.8 cents reported for the year ended 31 December 2015; and

- headline earnings per share of between 40.0 cents to 48.0 cents compared to a headline loss per share of 295.3 cents reported for the year ended 31 December 2015.



Brimstone?s results for the year ended 31 December 2016 will be released on SENS on or about 27 February 2017.
08-Feb-2017
(Official Notice)
02-Feb-2017
(Official Notice)
In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the prior comparative period.



Further to the above, Brimstone expects to report earnings per share and headline earnings per share for the year ended 31 December 2016 compared to a loss per share and headline loss per share of 284.8 cents and 295.3 cents respectively for the prior comparative period, being the year ended 31 December 2015. This profit would represent an increase of at least 100% compared to the loss incurred in the prior comparative period.



Once the Company has clarity on the actual range of the increase, a further trading statement will be released on SENS. Shareholders are advised that the above information has not been reviewed or reported on by the Company?s auditors and that the Company?s results for the year ended 31 December 2016 are expected to be published on or about 27 February 2017.
22-Sep-2016
(Official Notice)
Shareholders are advised that at the general meeting of Brimstone held on Tuesday, 20 September 2016, at Brimstone?s offices, First Floor, Slade House, Boundary Terraces, 1 Mariendahl Lane, Newlands, Cape Town, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the general meeting.
23-Aug-2016
(C)
Revenue came in at R1.2 billion (R1.1 billion). Operating profit increased to R123.2 million (R60.6 million), while profit attributable to equity holders of the parent was recorded at R29.6 million (loss of R503 million). In addition, headline earnings per share came in at 11.5cps (headline loss per share of 213.2cps).



Dividend

In line with previous years, no interim dividend is declared for the half year.



Prospects

The Group will continue to maintain its positive long-term view on its investments and pursue value accreting opportunities.
18-Aug-2016
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 11 July 2016 and are advised that further clarification is now provided as to the extent of the increase referred to in the aforementioned announcement.



For the six months ended 30 June 2016, Brimstone expects to report:

*earnings per share of between 11.09 cents to 13.30 cents, compared to a loss per share of 204.7 cents reported for the six months ended 30 June 2015; and

*headline earnings per share of between 10.45 cents to 12.54 cents, compared to a headline loss per share of 213.2 cents reported for the six months ended 30 June 2015.



Shareholders are advised that the financial information on which this trading statement is based has not been reviewed or reported on by the company?s auditors. Brimstone?s results for the six months ended 30 June 2016 will be released on SENS on or about 23 August 2016.

15-Aug-2016
(Official Notice)
11-Jul-2016
(Official Notice)
Brimstone expects earnings per share and headline earnings per share for the six months ended 30 June 2016 to be positive (an improvement of more than 100%), primarily as a result of fair value adjustments to investments. The prior comparative period, six months ended 30 June 2015, reflected a loss of 204.7 cents per share and a headline loss of 213.2 cents per share.



Once the company has clarity on the actual range of the increase, a further trading statement will be released on SENS.



Shareholders are advised the company?s results for the six months ended 30 June 2016 are expected to be published on or about 22 August 2016.
10-May-2016
(Official Notice)
Shareholders are advised that the annual general meeting of Brimstone which was held on Monday, 9 May 2016 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town. Based on the voting results, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the annual general meeting.



08-Apr-2016
(Official Notice)
08-Apr-2016
(Official Notice)
30-Mar-2016
(Official Notice)
In compliance with section 3.22 of the JSE Listings Requirements, shareholders are advised as follows:



No change statement

Further to Brimstone's reviewed results for the year ended 31 December 2015, published on 29 February 2016, the Integrated Report for the year ended 31 December 2015 and notice of annual general meeting was dispatched to shareholders on 29 March 2016. The Integrated Report contains no material modifications to the aforementioned published reviewed results.



The Integrated Report is also available on the company?s website (www.brimstone.co.za).



Annual general meeting

The annual general meeting of Brimstone shareholders will be held at 19:00 on Monday, 9 May 2016 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of annual general meeting forming part of the Integrated Report.



The record date in terms of the Companies Act, No 71 of 2008, for shareholders to be recorded on the securities register of the company in order to be able to attend, participate and vote at the annual general meeting is Friday, 29 April 2016.
29-Feb-2016
(C)
Revenue for the year lowered slightly to R2.208 billion (2014: R2.221 billion). Operating profit rose to R185.7 million (2014: R101.9 million), but loss attributable to equity holders of the parent soared to R699 million (2014: profit of R259.1 million), while headline loss per share came in at 295.3 cents per share (2014: earnings of 116.9 cents per share ).



Dividend

Brimstone's board has declared a final dividend of 35 cents per share for the year ended 31 December 2015 (2014: 30 cents per share) payable on Monday, 25 April 2016.



Prospects

The Group has a 20 year track record of creating and unlocking shareholder value in a sustainable way and has the team with the skills and experience to conclude value adding deals. The Group is defined by bona fide empowerment credentials, and its ability to enhance NAV and pay dividends. Brimstone has over the years demonstrated its resilience to withstand tough economic conditions and remains well capitalised to pursue value enhancing transactions based on cash generative quality assets. The Group maintains a long-term view and partnership approach to its underlying investments.
25-Feb-2016
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 4 January 2016 and are advised that further clarification is now provided as to the extent of the decrease referred to in the aforementioned announcement.



For the year ended 31 December 2015, Brimstone expects to report:

*a loss per share of between 271.2 cents to 298.4 cents (a decrease of between 356% and 382%), compared to earnings per share of 105.8 cents reported for the year ended 31 December 2014; and

*a headline loss per share (?HLPS?) of between 281.2 cents to 309.4 cents (a decrease of between 340% and 365%) compared to headline earnings per share of 116.9 cents reported for the year ended 31 December 2014.



Shareholders are advised that the financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors. Brimstone?s results for the year ended 31 December 2015 will be released on SENS on or about 29 February 2016.



08-Jan-2016
(Media Comment)
According to Business Day, Brimstone which has in recent years shown a growing appetite for food investments, has landed an offshore fishing deal. Brimstone's 58% controlled hake fishing specialist, Sea Harvest, confirmed netting a 19.9% stake in Perth-based Mareterram, which listed on the Australian Stock exchange the previous week. Newly formed Mareterram comprises of Western Australian based Norwest Seafoods, which harvests and processes wild-caught king and tiger prawns, as well as scallops. The investment by Sea Harvest effectively represents a second cast into offshore waters by Brimstone.
04-Jan-2016
(Official Notice)
Brimstone expects earnings per share and headline earnings per share for the year ended 31 December 2015 to be negative (a decrease of more than 100%), primarily as a result of downward fair value adjustments to investments.



The prior comparative period, being the year ended 31 December 2014, reflected positive earnings of 105.8 cents and 116.9 cents per share for both earnings per share and headline earnings per share respectively.



Once the Company has clarity on the actual range of the decrease, a further trading statement will be released on SENS. Shareholders are advised that the above information has not been reviewed or reported on by the Company?s auditors and that the Company?s results for the year ended 31 December 2015 are expected to be published on or about 29 February 2016.
10-Dec-2015
(Official Notice)
Shareholders are advised that Brimstone has repurchased a further 1 331 620 Brimstone ordinary shares, representing an additional 3.11% of the Brimstone ordinary shares currently in issue (?the general repurchase?), in terms of a general authority granted by shareholders at the annual general meeting of Brimstone held on 20 April 2015 (?the general authority?).



Details of the general repurchase

* the repurchase of 1 331 620 Brimstone ordinary shares for a total value of R17.3 million;

* the general repurchase was effected through the order book operated by the JSE Ltd. and done without any prior understanding or arrangement between the Company and the counter-party;

* the general repurchase took place on 8 December 2015;

* the price paid per Brimstone ordinary share was R13.00;

* the percentage of Brimstone ordinary shares that may still be repurchased by the Company in terms of the general authority is 10.75%, representing 4 598 433 Brimstone ordinary shares; and

* as a result of the general repurchase, Brimstone holds 3 953 087 ordinary shares as treasury shares in a wholly-owned subsidiary of Brimstone, representing 9.25% of the Brimstone ordinary shares currently in issue.
07-Dec-2015
(Official Notice)
Shareholders are advised that Brimstone has repurchased 2 621 467 Brimstone ordinary shares, representing 6.13% of the Brimstone ordinary shares currently in issue (?the general repurchase?), in terms of a general authority granted by shareholders at the annual general meeting of Brimstone held on 20 April 2015 (?the general authority?).



Details of the general repurchase are as follows:

*the repurchase of 2 621 467 Brimstone ordinary shares for a total value of R34 million;

*the general repurchase was effected through the order book operated by the JSE Limited and done without any prior understanding or arrangement between the Company and the counter-party;

*the general repurchase took place from 24 November 2015 to 3 December 2015;

*the lowest and highest prices paid per Brimstone ordinary share was R12.79 and R13.00 respectively;

*the percentage of Brimstone ordinary shares that may still be repurchased by the Company in terms of the general authority is 13.87%, representing 5 930 053 Brimstone ordinary shares; and

*as a result of the general repurchase, Brimstone will hold 2 621 467 ordinary shares as treasury shares in a wholly-owned subsidiary of Brimstone.



The impact of the general repurchase on financial information

The impact of the general repurchase has been investigated and the board can confirm that the implementation of the general repurchase is limited to a reduction in cash of R34 million.



Source of Funds

The general repurchase has been funded from available cash resources.



Statement by the directors of Brimstone

The directors of Brimstone have considered the impact of the general repurchase and are of the opinion that:

*the Company and the group are in a position to repay their debts in the ordinary course of business for a period of 12 months from the date of this announcement;

*the assets of the Company and the group, being fairly valued in accordance with International Financial Reporting Standards, are in excess of the liabilities of the Company and the group for a period of 12 months from the date of this announcement;

*the ordinary capital and reserves of the Company and the group are adequate for a period of 12 months from the date of this announcement; and

*the available working capital is adequate to continue the operations of the Company and the group for a period of 12 months from the date of this announcement.



18-Nov-2015
(Official Notice)
18-Aug-2015
(C)
Revenue came in at R1.1 billion (R1.1 billion). Operating profit decreased to R60.6 million (R104 million), while loss attributable to equity holders of the parent was recorded at R503 million (profit of R295.8 million). In addition, headline loss per share came in at 213.2cps (headline earnings of 120.9cps).



Dividend

In line with previous years, no interim dividend is declared for the half year.



Prospects

Brimstone's assets are characterised by strong underlying businesses with positive dividend paying ability. Whilst the current results were subject to significant fair market value losses, the company maintains its positive long term view on its investments.
14-Aug-2015
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 3 July 2015 and are advised that further clarification is now provided as to the extent of the decrease referred to in the aforementioned announcement.



For the six months ended 30 June 2015, Brimstone expects to report

* a loss per share of between 192.2 cents to 216.4 cents (a decrease of between 259% and 279%), compared to earnings per share of 120.9 cents reported for the six months ended 30 June 2014; and

* a headline loss per share (?HLPS?) of between 200.7 cents to 224.9 cents (a decrease of between 266% and 286%) compared to headline earnings per share of 120.9 cents reported for the six months ended 30 June 2014.



Brimstone?s results for the six months ended 30 June 2015 will be released on SENS on or about 18 August 2015.
03-Jul-2015
(Official Notice)
Brimstone expects earnings per share and headline earnings per share for the six months ended 30 June 2015 to be negative (a decrease of more than 100%), primarily as a result of downward fair value adjustments to investments. The prior comparative period, six months ended 30 June 2014, reflected positive earnings of 120.9 cents per share for both earnings per share and headline earnings per share.



Once the Company has clarity on the actual range of the decrease, a further trading statement will be released on SENS. Shareholders are advised that the above information has not been reviewed or reported on by the Company?s auditors and that the Company?s results for the six months ended 30 June 2015 are expected to be published on or about 18 August 2015.
19-May-2015
(Official Notice)
Shareholders of Brimstone are referred to the announcement released by Oceana Group Ltd. (?Oceana?) on SENS relating to the acquisition by Oceana of Daybrook Fisheries (?the Proposed Acquisition?) and a subsequent proposed rights offer by Oceana (?the Proposed Rights Offer?).



As set out in that announcement, Brimstone, which owns 20 096 755 ordinary shares in Oceana or 17.6% of the Oceana ordinary shares eligible to vote at the general meeting of Oceana shareholders, has signed irrevocable letters of support to vote in favour of all necessary special and ordinary resolutions pursuant to the Proposed Acquisition and the Proposed Rights Offer. Brimstone, which owns 17.6% of the shares eligible to participate in the Proposed Rights Offer, has furthermore signed irrevocable letters of commitment to follow its rights in the Proposed Rights Offer.
22-Apr-2015
(Official Notice)
21-Apr-2015
(Official Notice)
Shareholders are advised that the voting results for the annual general meeting of Brimstone which was held on Monday, 20 April 2015 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town, are as follows:

*Based on voting results, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the annual general meeting.

18-Mar-2015
(Official Notice)
In compliance with section 3.22 of the JSE Listings Requirements, shareholders are advised as follows:



No change statement

Further to Brimstone's reviewed results for the year ended 31 December 2014, published on 24 February 2015, the Integrated Report for the year ended 31 December 2014 and notice of annual general meeting was dispatched to shareholders today. The Integrated Report contains no modifications to the aforementioned published reviewed results. The Integrated Report will also be available on the Company?s website today (www.brimstone.co.za).



Annual general meeting

The annual general meeting of Brimstone shareholders will be held at 19:00 on Monday, 20 April 2015 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of annual general meeting forming part of the Integrated Report. The record date in terms of the Companies Act, No 71 of 2008, for shareholders to be recorded on the securities register of the Company in order to be able to attend, participate and vote at the annual general meeting is Friday, 10 April 2015.
11-Mar-2015
(Official Notice)
Shareholders are advised that the voting results for the general meeting of Brimstone held today, at The Riverclub, The Tugela Room, Liesbeek Parkway, Observatory, Cape Town. Based on the voting results, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the general meeting.

05-Mar-2015
(Official Notice)
Brimstone shareholders are advised that the Company, through its controlling beneficial interest in Brimstone-Mtha Financial Services Trust, has disposed of 1 806 233 Nedbank ordinary shares (Nedbank shares) at a price of R245.00 per Nedbank share on the open market, for a total consideration of R442.5 million (the Transaction). The effective date of the Transaction is Wednesday, 4 March 2015.



Consideration and application of proceeds

The total consideration for the Transaction is R442.5 million (the Proceeds) and the Proceeds will be utilised to fund potential investment opportunities.



Conditions precedent

The Transaction is not subject to any conditions.



Value of net assets and profit attributable to the Transaction

The value of the net assets that are the subject of the Transaction is R451 625 631 and the loss attributable to the net assets that are the subject of the Transaction is R9 098 546 before taxation and R7 401 849 after taxation.



Categorisation of the Transaction

The Transaction is categorised as a Category 2 transaction in terms of the JSE Listings Requirements.
05-Mar-2015
(Official Notice)
Shareholders are referred to the reviewed results for the year ended 31 December 2014 announcement (?results announcement?) released on SENS on 24 February 2015.



The results announcement referred to a declaration of a special dividend subject to Exchange Control approval. Brimstone is now in a position to confirm that Exchange Control approval has been obtained and the payment of the special dividend will proceed as set out in the results announcement.
25-Feb-2015
(Official Notice)
Brimstone announced that its BEE deal with Nedbank Group Ltd. (?Nedbank?) has matured. In 2005 Brimstone led a broad-based consortium in acquiring a shareholding in Nedbank (?the transaction?). Brimstone?s share of the transaction was an effective 0,61% of Nedbank at a market value of R198 million at the time. The transaction was widely welcomed as a landmark BEE deal in that, for the first time, part of a BEE deal?s financial success would be linked directly to performance arrangements with specific measurable deliverables expected of the BEE partners.



Profitable deal

Brimstone takes a long-term view on, and has a partnership approach to its investments. At the time the transaction was entered into, Nedbank traded at R74.75 and at 31 December 2014 (Brimstone?s latest reporting date) Nedbank closed at R249. In addition, Brimstone earned significant fees from Nedbank over the period as reward for out-performance in terms of the annually negotiated and monitored performance contract. The combination of share price growth, performance fees and dividends earned over the period resulted in the investment in Nedbank delivering an exceptional 76% IRR since inception. At 31 December 2014, the pre-tax value of the investment in Nedbank amounted to R576 million or 7% of Brimstone?s intrinsic gross asset value.



Empowering relationship with a positive social impact

Brimstone executives played an active strategic role in various transformation initiatives within Nedbank over the last ten years, including participation in staff development and mentoring. Aside from the mutually beneficial commercial (deal generation) element of the relationship between Brimstone and Nedbank and its different business units over the period, Brimstone and Nedbank have formed an enduring partnership in some of their corporate social investment initiatives. These include projects in the areas of education, poverty alleviation (feeding schemes), shelter and housing (including the winter warmth campaign and different housing initiatives) through mutual support of the work of the Brimstone Foundation and Nedbank Foundation. Brimstone currently has in excess of 3 million beneficiaries. Its shareholder base includes 26 N?s spread across South Africa whose beneficiaries include the most vulnerable and marginalised members of society.
24-Feb-2015
(C)
Revenue for the year jumped to R2.2 billion (R2.1 billion). Operating profit increased to R101.9 million (R64.4 million). Profit attributable to equity holders tumbled to R259.1 million (R464.1 million). In addition, headline earnings per share decreased to 116.9 cents per share (188.4 cents per share).



Dividend and special dividend

Brimstone's board has declared a final dividend of 30 cents per share for the year ended 31 December 2014 (2013: 30 cents per share) and a special dividend of 20 cents per share for the year ended 31 December 2014 (2013: 10 cents per share) payable on Monday, 23 March 2015.



Prospects

Brimstone has a proven track record of creating and unlocking shareholder value, supported by an experienced team with proven deal-making ability. Brimstone is defined by bona fide empowerment credentials, and its ability to enhance NAV and pay dividends. It has proven its ability as a lead empowerment partner of choice with a capacity to lead broad-based empowerment consortia.



Brimstone in its 20th year of existence remains well capitalised to pursue value enhancing transactions based on cash generative, quality assets. Brimstone maintains a long-term view and partnership approach to its underlying investments.
19-Feb-2015
(Official Notice)
Shareholders are advised that Brimstone expects to report:

* earnings per share of between 96.2 cents to 115.4 cents for the year ended 31 December 2014, which is a decrease of between 39% to 49% from earnings per share of 189.9 cents reported for the year ended 31 December 2013; and

* headline earnings per share of between 106.3 cents to 127.5 cents for the year ended 31 December 2014, which is a decrease of between 32% to 44% from headline earnings per share of 188.4 cents reported for the year ended 31 December 2013.



The Company?s results for the year ended 31 December 2014 are expected to be published on or about 24 February 2015.
11-Feb-2015
(Official Notice)
18-Dec-2014
(Official Notice)
Shareholders are advised that at the general meeting of Brimstone held on 18 December 2014, at Lords and Kingsmead Boardroom, Ground Floor, Bridge House, Boundary Terraces, 1 Mariendahl Lane, Newlands all resolutions were passed.
24-Nov-2014
(Official Notice)
Shareholders are advised that a circular, together with a notice of general meeting, relating to the adoption of the Brimstone Forfeitable Share Plan and amendments to the Brimstone Share Trust has been posted today.



Due to the ongoing postal strike, delays may be experienced in the receipt of the circular. Shareholders can contact the Company Secretary on 021 683 1444 to request an electronic version of the circular. In addition, the circular is also available on the Company's website, www.brimstone.co.za.



The general meeting convened in terms of the notice of general meeting incorporated in the abovementioned circular, will be held in the Lords - Kingsmead Boardroom, Ground Floor, Bridge House, Boundary Terraces, 1 Mariendahl Lane, Newlands, Cape Town, at 10:00 on Thursday, 18 December 2014.



The record date in terms of the Companies Act, No 71 of 2008, for shareholders to be recorded on the securities register of the Company in order to be able to attend, participate and vote at the general meeting is Friday, 12 December 2014.

27-Oct-2014
(Official Notice)
Brimstone currently holds 25.1% of SG as part of a consortium including Capitalworks Private Equity Partnership, the trustees of the Scientific Management Trust, the trustees of the Scientific Incentive Trust and the Scientific Investment Partnership (collectively "the Consortium").



The Consortium has entered into an agreement with Ascendis Health Ltd. ("Ascendis") for the disposal of 100% of the diagnostics business of SG ("SG Diagnostics"), being the majority of the business of SG, to Ascendis ("the Disposal"). The Consortium will retain the medical business of SG.



Brimstone shareholders are referred to the announcement released by Ascendis on SENS today setting out the full details of the Disposal.



The Disposal will be effective on the first day of the calendar month following fulfilment of the conditions precedent.



The consideration payable to the Consortium for the Disposal is as follows:

*an amount of R283 733 383 payable in cash in tranches over a period of time to December 2015; and

*a maximum amount of R100 000 000 payable in cash only to the extent a pending specified contract is awarded to SG Diagnostics in 2015.



It should be noted that the value of the Disposal for Brimstone is less than 5% of Brimstone?s market capitalisation and accordingly this announcement is made voluntarily.

26-Aug-2014
(C)
Revenue increased to R1.1 billion (R1 billion). Operating profit increased to R104 million (R43.7 million). Net attributable profit soared to R295.8 million (R153.9 million), as did headline earnings per share, coming in at 120.9cps (61.7cps).



Dividend

No dividend is declared for the half year (2013: Nil).



Prospects

Brimstone is well positioned to pursue value enhancing transactions. The company has a strong balance sheet and management will continue to seek opportunities that will create long-term value for its shareholders.
14-Aug-2014
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 31 July 2014 and are advised that further clarification is now provided as to the extent of the increase referred to in the aforementioned announcement.



Brimstone expects to report earnings per share ("EPS") and headline earnings per share ("HEPS") of between 109.9 cents to 131.8 cents for the six months ended 30 June 2014, which is up from EPS and HEPS of 63.0 cents and 61.7 cents respectively reported for the six months ended 30 June 2013.



Brimstone's results for the six months ended 30 June 2014 will be released on SENS on or about 26 August 2014.
31-Jul-2014
(Official Notice)
In terms of the JSE Ltd. Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the prior comparative period. Brimstone expects earnings per share and headline earnings per share for the six months ended 30 June 2014 to be more than 20% higher than those of the prior comparative period. Once the Company has clarity on the actual range of the increase, a further trading statement will be released on SENS. Shareholders are advised that the above information has not been reviewed or reported on by the Company?s auditors and that the Company?s results for the six months ended 30 June 2014 are expected to be published on or about 26 August 2014.
29-Jul-2014
(Official Notice)
Shareholders are referred to the announcements dated 8 April 2014 and 18 June 2014; and are advised that the establishment of a consortium special purpose vehicle (the "Consortium SPV"), comprising, inter alia, Brimstone, Calulo Investments (Pty) Ltd. and Solethu Investments (Pty) Ltd. as indirect and direct ordinary shareholders, for the purpose of concluding an aggregate R1.6 billion equity investment in Grindrod (the "BEE Transaction") has been completed. The Consortium SPV, in which Brimstone has an indirect shareholding of 59.2%, has subscribed for 64 million Grindrod ordinary shares at a price of R25.00 per share, resulting in the Consortium SPV having a shareholding in Grindrod of 8.4%. Brimstone shareholders are informed that all the conditions precedent have been fulfilled and the BEE Transaction has now become unconditional.
18-Jun-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on 8 April 2014 ("Terms Announcement") advising that Brimstone had entered into a binding memorandum of understanding with Grindrod, Calulo Investments (Pty) Ltd., Calulo Newco (Pty) Ltd. and Solethu Investments (Pty) Ltd. relating to the establishment of a consortium special purpose vehicle (the "Consortium SPV") for the purpose of concluding an aggregate R1.6 billion equity investment in Grindrod (the "BEE Transaction"), resulting in the Consortium SPV having a shareholding in Grindrod of 8.4%. The Consortium SPV will, subject to the fulfilment or waiver of the conditions precedent set out in the Terms Announcement, subscribe for 64 million Grindrod ordinary shares at a price of R25.00 per share.



In terms of the BEE Transaction, Brimstone shall pay a cash consideration of R450 million for a 59.2% shareholding in the Consortium SPV, which shares will be held by Brimstone or such other subsidiary of Brimstone as Brimstone may nominate. Further to the Terms Announcement, the unaudited pro forma financial effects of the BEE Transaction ("Financial Effects") have now been determined and are disclosed below.



Withdrawal of cautionary announcement

Brimstone shareholders are advised that they no longer need to exercise caution when dealing in their Brimstone shares as the Financial Effects of the BEE Transaction have now been disclosed.
26-May-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on 8 April 2014 relating to the participation by Brimstone in a Black Economic Empowerment consortium to invest in Grindrod Ltd. ("the BEE Transaction") and are advised to continue to exercise caution when dealing in their Brimstone shares until the financial effects of the BEE Transaction are determined and announced.
22-May-2014
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 21 May 2014, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy.
08-Apr-2014
(Official Notice)
Brimstone shareholders are advised to exercise caution when dealing in their Brimstone shares until the financial effects of the BEE Transaction are determined and announced.

08-Apr-2014
(Official Notice)
02-Apr-2014
(Official Notice)
Shareholders are referred to the reviewed results for the year ended 31 December 2013 announcement ("results announcement") released on SENS on 4 March 2014. The results announcement referred to a declaration of a special dividend subject to Exchange Control approval. Brimstone is now in a position to confirm that Exchange Control approval has been obtained and the payment of the special dividend will proceed as set out in the results announcement.
31-Mar-2014
(Official Notice)
Further to Brimstone's reviewed results for the year ended 31 December 2013, published on 4 March 2014, the Integrated Report for the year ended 31 December 2013 and notice of annual general meeting was dispatched to shareholders on Friday, 28 March 2014. The Integrated Report contains no modifications to the aforementioned published reviewed results.



The Integrated Report is also available on the company?s website (www.brimstone.co.za).



Annual general meeting

The annual general meeting of Brimstone shareholders will be held at 18:30 on Wednesday, 21 May 2014 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of the annual general meeting forming part of the Integrated Report.



The record date in terms of the Companies Act, No 71 of 2008, for shareholders to be recorded on the securities register of the company in order to be able to attend, participate and vote at the annual general meeting is Friday, 16 May 2014.
12-Mar-2014
(Official Notice)
05-Mar-2014
(Media Comment)
According to Business Day Cape Town based Brimstone Investment Corporation, has again delivered on its simple strategy of building net asset value (NAV) and paying a cash dividend. Brimstone, one of the few pioneering black economic empowerment counters from mid-1990s still standing strong, reported a 16% growth in intrinsic NAV to R4.2 billion in the year to end December. CEO Mustaq Brey said the company was reaping the rewards of taking a long-term partnership view on underlying investments.
04-Mar-2014
(C)
Revenue for the year jumped to R2.1 billion (R1.9 billion). However, operating profit lowered to R62.4 million (R131.0 million). Profit attributable to equity holders tumbled to R464.1 million (R849.4 million). In addition, headline earnings per share almost halved to 188.4 cents per share (346 cents per share).



Dividend and special dividend

Brimstone's board has declared a final dividend of 30 cents per share for the year ended 31 December 2013 and a special dividend of 10 cents per share for the year ended 31 December 2013, payable on Tuesday, 29 April 2014. The final dividend and the special dividend have been declared out of income reserves.



Prospects

Brimstone remains well capitalised and in addition has substantial approved facilities to pursue value enhancing transactions based on quality assets. Management is cognisant of the market's current high earnings multiples and will continue its prudent consideration of investment opportunities.
24-Feb-2014
(Official Notice)
Shareholders were referred to the trading statement released on SENS on 16 January 2014 and are advised that further clarification is now provided as to the extent of the decrease referred to in the aforementioned announcement.



Brimstone expects to report earnings per share of between 172.6 cents to 207.1 cents, and headline earnings per share of between 171.3 cents to 205.5 cents for the year ended 31 December 2013, which is down from earnings per share and headline earnings per share of 348.1 cents and 346.0 cents respectively, reported for the year ended 31 December 2012.



Shareholders were advised that the above information has not been reviewed or reported on by the company's auditors and that the company's results for the year ended 31 December 2013 are expected to be published on or about 4 March 2014.
16-Jan-2014
(Official Notice)
Brimstone expects earnings per share and headline earnings per share for the year ended 31 December 2013 to be more than 20% lower than those of the prior comparative period.



Once the company has clarity on the actual range of the decrease, a further trading statement will be released on SENS.



Shareholders are advised that the company's results for the year ended 31 December 2013 are expected to be published on or about 4 March 2014.
08-Nov-2013
(Official Notice)
Brimstone shareholders are informed that Mrs Keneilwe Rachel Moloko who holds the following qualifications: NDip (Building Survey), BSc (QS), BCom, PGDA, CA(SA), has been appointed as an independent non-executive director to the Board of the Company with immediate effect.
09-Oct-2013
(Official Notice)
Brimstone announced that Mr George Frederick Bezuidenhout will retire as Chief Executive Officer and director of Sea Harvest Corporation (Pty) Ltd., a subsidiary of Brimstone. The retirement will be effective from 31 December 2013.



Mr Felix Ratheb, the current Sales and Marketing Director, will succeed Mr Bezuidenhout as the new CEO. Mr Ratheb has been with Sea Harvest Corporation for over 10 years.
27-Aug-2013
(C)
Revenue increased to R1 billion (R952.4 million). Operating profit declined to R43.7 million (R74.5 million). Net attributable profit more than halved to R153.9 million (R478.7 million), as did headline earnings per share, will fell from 61.7cps (194.6cps).



Outlook

Brimstone remains well capitalised and in addition has substantial approved facilities to pursue value enhancing transactions based on quality assets. Management is cognisant of the market's current high earnings multiples and will continue its prudent consideration of investment opportunities.
06-Aug-2013
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 5 July 2013 and are advised that further clarification is now provided as to the extent of the decrease referred to in the aforementioned announcement.



Brimstone expects to report earnings per share (EPS) of between 57.3 cents to 68.7 cents, and headline earnings per share (HEPS) of between 56.1 cents to 67.3 cents for the six months ended 30 June 2013, which is down from EPS and HEPS of 196.2 cents and 194.6 cents respectively reported for the six months ended 30 June 2012. The reduction in EPS and HEPS is mainly as a result of a decrease in fair value gains.



Shareholders are advised that the financial information on which this trading statement is based has not been reviewed or reported on by the Company's auditors. Brimstone's results for the six months ended 30 June 2013 will be released on SENS on or about 27 August 2013.
31-Jul-2013
(Official Notice)
Brimstone, Taste Holdings Ltd (Taste) and Nedbank Ltd (Nedbank) today announced a landmark agreement that will facilitate funding for 50 new franchisees to open The Fish - Chips Co. outlets. The Fish - Chips Co. is a franchise brand owned by Taste that last year alone created over 1000 new jobs through the opening of over 100 new outlets. Brimstone is a Black-controlled and managed investment company with key interests in the food, financial services and healthcare sectors.



Brimstone is a shareholder in both Taste (12.53%) and Nedbank (0.75%). The initiative aims to provide competitive funding for potential franchisees who, under normal circumstances, would not have access to a bank loan or the required security to acquire such a franchise.



This funding will facilitate the introduction of new entrants into a successful business model, reduce the risk of failure for new entrepreneurs, create new sustainable job opportunities and, through extensive training, transfer skills over the long-term. Franchisees meeting the qualifying criteria require a substantially reduced equity investment (of approximately 20% of the total set-up cost), with the balance of the total set-up costs (including working capital) being funded by Nedbank at similar interest rates as if the franchisee did have security.



This unique funding arrangement has been made possible through a combination of Brimstone providing a guarantee for certain of the obligations of the franchisee; Taste providing its franchise systems and continuous oversight; and Nedbank providing funding and financial training for the franchisee.
05-Jul-2013
(Official Notice)
Brimstone expects earnings per share and headline earnings per share for the six months ended 30 June 2013 to be more than 20% lower than those of the prior comparative period. Once the Company has clarity on the actual range of the decrease, a further trading statement will be released on SENS. Shareholders are advised that the above information has not been reviewed or reported on by the Company's auditors and that the Company's results for the six months ended 30 June 2013 are expected to be published on or about 27 August 2013.
23-May-2013
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 22 May 2013, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy.
27-Mar-2013
(Official Notice)
Further to Brimstone's reviewed results for the year ended 31 December 2012, published on 5 March 2013, the Integrated Report for the year ended 31 December 2012 and notice of annual general meeting has been dispatched to shareholders today. The Integrated Report contains no modifications to the aforementioned published reviewed results.



The Integrated Report will also be available on the company's website today (www.brimstone.co.za).



Annual general meeting

The annual general meeting of Brimstone shareholders will be held at 18:30 on Wednesday, 22 May 2013 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of the annual general meeting forming part of the Integrated Report.



The record date in terms of the Companies Act, No 71 of 2008, for shareholders to be recorded on the securities register of the Company in order to be able to attend, participate and vote at the annual general meeting is Friday, 17 May 2013.
05-Mar-2013
(C)
Revenue increased to R1.95 billion (R1.87 billion). Operating profit declined to R131 million (R132.6 million). Net attributable profit surged to R849.4 million (R450.8 million). In addition, headline earnings per share jumped to 346cps (176.3cps).



Dividends

A final ordinary dividend of 25cps has been declared to all shareholders.



Outlook

Brimstone remains well capitalised to pursue value enhancing transactions based on cash generative quality assets. Management is cognisant of the markets current high earnings multiples and will continue its prudent consideration of investment opportunities.
25-Feb-2013
(Official Notice)
Brimstone expects to report earnings per share of between 317.1 cents to 380.5 cents, and headline earnings per share of between 314.5 cents to 377.4 cents for the year ended 31 December 2012, which is up from earnings per share and headline earnings per share of 184.8 cents and 176.3 cents, respectively, reported for the year ended 31 December 2011. The company's results for the year ended 31 December 2012 are expected to be published on or about 5 March 2013.
22-Jan-2013
(Official Notice)
Further to the above, Brimstone expects earnings per share and headline earnings per share for the year ended 31 December 2012 to be more than 20% higher than those of the prior comparative period. Once the company has clarity on the actual range of the increase, a further trading statement will be released on SENS. Shareholders were advised that the above information has not been reviewed or reported on by the company's auditors and that the company's results for the year ended 31 December 2012 are expected to be published on or about 5 March 2013.
17-Jan-2013
(Official Notice)
Brimstone shareholders were advised that Mr Fred Robertson, currently executive deputy chairman of Brimstone, has been appointed as executive chairman of the company with immediate effect.
28-Nov-2012
(Official Notice)
The directors of Brimstone express great sadness at the untimely death of Professor Jakes Gerwel, non-executive Chairman of the company, who passed away in the early hours of this morning.



08-Nov-2012
(Official Notice)
23-Aug-2012
(C)
Revenue increased to R952.4 million (R874.3 million). Operating profit rose to R74.5 million (R43.5 million). Net attributable profit more than doubled to R478.7 million (R216.6 million). In addition, headline earnings per share also more than doubled to 194.6c (81.2cps).



Outlook

Brimstone is well capitalised and has unutilised credit lines to pursue value enhancing transactions. Brimstones investment criteria of quality assets, strong cash flows and socially responsible policies remain unchanged.
07-Aug-2012
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 2 July 2012 and are advised that further clarification is now provided as to the extent of the increase referred to in the aforementioned announcement. Brimstone expects to report earnings per share ("EPS") of between 180.7 cents to 216.8 cents, and headline earnings per share ("HEPS") of between 177.1 cents to 212.5 cents for the six months ended 30 June 2012, which is up from EPS and HEPS of 88.8 cents and 81.2 cents respectively reported for the six months ended 30 June 2011. Brimstone's results for the six months ended 30 June 2012 will be released on SENS on or about Thursday, 23 August 2012.
17-Jul-2012
(Official Notice)
Brimstone shareholders were advised that the company, through its wholly-owned subsidiary, Septen Investments (Pty) Ltd., has disposed of 4 500 000 Life Healthcare Group Holdings Ltd. ("LifeHC") ordinary shares at an average price of R31.02 per share on the open market, for a total consideration of R139.6 million (the transaction). The transaction has resulted in Brimstone decreasing its shareholding in LifeHC from 5.47% to 5.03%. The effective date of the transaction is Thursday, 12 July 2012.



Consideration and application of proceeds

The total consideration for the transaction is R139.6 million (R138.9 million net of transaction costs) (the proceeds) and the proceeds will be utilised to fund potential investment opportunities.



Conditions precedent

The transaction is not subject to any conditions.



Categorisation of the transaction

The transaction is categorised as a Category 2 transaction in terms of the JSE Listings Requirements.
02-Jul-2012
(Official Notice)
Brimstone expected earnings per share and headline earnings per share for the six months ended 30 June 2012 to be more than 20% higher than those of the prior comparative period.



Once the company has clarity on the actual range of the increase, a further trading statement will be released on SENS.



Shareholders are advised that the above information has not been reviewed or reported on by the company?s auditors and that the company?s results for the six months ended 30 June 2012 are expected to be published on or about 23 August 2012.
21-May-2012
(Official Notice)
Brimstone shareholders were advised that Mr Y Pahad and Mr A A Roberts have retired as independent non-executive directors of the company with effect from Thursday, 17 May 2012.
17-May-2012
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 16 May 2012, all the resolutions were passed by the requisite majority of shareholders.
27-Mar-2012
(Official Notice)
Further to Brimstone's reviewed results for the year ended 31 December 2011, published on 6 March 2012, the condensed shareholder report for the year ended 31 December 2011 and notice of annual general meeting ("condensed shareholder report") was dispatched to shareholders on 27 March 2012. The integrated report for the year ended 31 December 2011 ("integrated report") is also be available on the company's website. The condensed shareholder report and integrated reports contain no modifications to the aforementioned published reviewed results. Both the condensed shareholder report and integrated reports are available on the company's website (www.brimstone.co.za).



Annual general meeting

The annual general meeting of Brimstone shareholders will be held at 18:30 on Wednesday, 16 May 2012 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of the annual general meeting forming part of the condensed shareholder report and integrated report.
06-Mar-2012
(C)
Revenue for the year ended 31 December 2011 increased to R1.9 billion (2010: R1.8 billion). Operating profit however more than halved to R132.6 million (2010: R314.2 million), while profit attributable to equity holders of the parent increased to R450.8 million (2010: R411.5 million). Furthermore, headline earnings per share improved to 176.3cps (2010: 172.7cps) .



Dividend

The board of Brimstone declared a dividend of 18cps.



Prospects

Brimstone is well capitalised and has the team and experience to pursue value enhancing transactions based on quality assets, strong cash flows and socially responsible policies.
23-Sep-2011
(Official Notice)
Further to the announcement released on SENS on 20 September 2011 giving notice of a change in beneficial interest by FirstRand Bank Ltd ("FirstRand"), shareholders were informed that the company had been provided with the incorrect information in the aforementioned announcement due to a system error at FirstRand, and the announcement has therefore been withdrawn. The beneficial interest in ordinary shares of the company currently held by FirstRand is 11.35% of the total issued Brimstone ordinary shares.
19-Sep-2011
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") are advised that, at the general meeting of Brimstone shareholders, all the resolutions required to approve, inter alia, a general authority for financial assistance in terms of sections 44 and 45 of the Companies Act, No 71 of 2008 (the "Companies Act") and the authorisation of directors' remuneration in terms of section 66 of the Companies Act, as set out in the circular to Brimstone shareholders dated 19 August 2011 ("the circular") were passed by the requisite majority of Brimstone shareholders present or represented by proxy.
23-Aug-2011
(C)
Revenue for the interim period ended 30 June 2011 decreased to R874.3 million (2010: R891.9 million). Operating profit plummeted to R43.5 million (2010: R200 million), while profit attributable to equity holders of the parent fell to R216.6 million (2010: R349.7 million). Furthermore, headline earnings per share weakened to 81.2cps (2010: 149cps).



Dividend

In line with the company's policy to consider dividends only at year end, no dividend is declared.



Prospects

Despite continued economic and political turmoil in international markets, we remain cautiously optimistic of future prospects. Brimstone will continue to build on its track record of providing multi-entry exposure to the formal economy for a large number of traditionally marginalised investors.
19-Aug-2011
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") are advised that a circular to Brimstone shareholders regarding a general authority for financial assistance in terms of sections 44 and 45 of the Companies Act, No 71 of 2008 (the "Companies Act") and the authorisation of directors' remuneration in terms of section 66 of the Companies Act (the "circular") was posted to Brimstone shareholders on Friday, 19 August 2011.



Due to the Companies Act coming into force on 1 May 2011, the resolutions described in the circular and contained in the notice of meeting attached thereto are necessary for Brimstone to continue to operate in the manner in which has been operating in the past. Brimstone shareholder approval is now required for certain day-to-day operational decisions which the company previously did not require Brimstone shareholders to approve. Further details including the pertinent salient dates and times are contained in the circular.
18-Aug-2011
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 12 July 2011 and are advised that further clarification is now provided as to the extent of the decrease referred to in the aforementioned announcement. Brimstone expects to report earnings per share ("EPS") of between 80.7 cents and 96.8 cents, and headline earnings per share ("HEPS") of between 73.8 cents and 88.5 cents for the six months ended 30 June 2011, which is down from EPS and HEPS of 146.3 cents and 149.0 cents respectively reported for the six months ended 30 June 2010. The primary reason for the decrease in EPS and HEPS is that the company's financial results for the six months ended 30 June 2010 were positively impacted by the effects of the partial realisation and the subsequent unbundling of a portion of Brimstone`s shareholding in Life Healthcare Group Holdings Limited, which was a once-off occurrence. Shareholders are advised that the financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. Brimstone's results for the six months ended 30 June 2011 will be released on SENS on or about Tuesday, 23 August 2011.
12-Jul-2011
(Official Notice)
The company's financial results for the six months ended 30 June 2010 were positively impacted by the effects of the partial realisation and the subsequent unbundling of a portion of Brimstone's shareholding in Life Healthcare Group Holdings Ltd. As the impact of these events was a once-off occurrence, the board of directors of Brimstone is satisfied that a reasonable degree of certainty exists that headline earnings per share ("HEPS") and earnings per share ("EPS") for the six month period ended 30 June 2011 will be at least 20% lower than the HEPS of 149.0 cents per share and the EPS of 146.3 cents per share respectively reported for the prior comparative period to 30 June 2010. Brimstone's results for the six months ended 30 June 2011 will be released on SENS on or about Tuesday, 23 August 2011.
12-Jul-2011
(Official Notice)
Shareholders were advised that FirstRand Bank Ltd (trading as Rand Merchant Bank)("FirstRand") has notified Brimstone that it has acquired a beneficial interest in ordinary shares of the company, such that the total beneficial interest of Brimstone ordinary shares held by FirstRand is now 10.98% of the total issued Brimstone ordinary shares (BRT).
20-May-2011
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 19 May 2011, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy thereat.
30-Mar-2011
(Official Notice)
Further to Brimstone's reviewed results for the year ended 31 December 2010, published on 22 February 2011, the annual report has been dispatched to shareholders on 29 March 2011. The annual report contains no modifications to the aforementioned published reviewed results.



Annual general meeting

The annual general meeting of the members of Brimstone will be held at 18:30 on Thursday, 19 May 2011 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
02-Mar-2011
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares are advised that Brimstone has subscribed for 8,000,000 ordinary shares in the share capital of Galaxy Gold ("Galaxy Gold ordinary shares") (6% of the Galaxy Gold ordinary shares in issue). Brimstone also has an option to acquire up to a further 8 000 000 Galaxy Gold ordinary shares until 30 June 2011. Galaxy Gold (www.galaxygold.co.za) is a South African gold mining and exploration company, focused on exploitation of the Barberton Greenstone Belt ("BGB"). The company's priorities are to bring to account more than 1 million ounces of SAMREC and JORC compliant resources and simultaneously to explore substantial further upside.



Galaxy Gold's three, unique "enablers" are: in-depth knowledge of BGB geology; high-volume materials handling capability and expertise; and the use of licensed and tested Biox metallurgical technology appropriate for BGB ores. The company's intention is to list on the Johannesburg Stock Exchange by the fourth quarter of 2011. It should be noted that the value of the transaction for Brimstone is less than 5% of Brimstone's market capitalisation and accordingly this announcement is made voluntarily.
28-Feb-2011
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares are advised that the presentation being made to the Investment Analysts Society today, which contains additional information regarding the performance of certain of the company's investments and a more detailed analysis of the company's Intrinsic Net Asset Value, will also be available on Brimstone's website at: www.brimstone.co.za."
22-Feb-2011
(C)
Revenue for the year ended 31 December 2010 increased to R1.8 billion (2009 : R855 million) while operating profit also rose to R314.2 million (2009 : R166 million) . Profit attributable to equity holders of the parent for the period 2010 was R411.5 million compared to the profit of R325.7 million for the same period in 2009 . Headline earnings per share increased to 172.7cps (2009: 130.7cps)



Dividend

The board of Brimstone has declared a dividend of 15cps payable on Monday, 16 May 2011.



Prospects

Brimstone is well positioned to take advantage of the recovery of commercial markets and the general economy, both international and domestic. Suitable acquisition opportunities within the Group?s chosen investment sectors will be pursued, while the addition of new sectors will be considered. We are cautiously optimistic of the prospects ahead and remain confident that Brimstone will continue to build on its track record of providing multi-entry exposure to the formal economy for a large number of traditionally marginalised investors.
17-Feb-2011
(Official Notice)
Brimstone expects to report basic earnings per share of between 160.5 cents to 192.7 cents, and headline earnings per share of between 161.8 cents to 194.2 cents for the year ended 31 December 2010, which is up from earnings per share and headline earnings per share of 136.7 cents and 130.9 cents respectively reported for the year ended 31 December 2009. Shareholders are advised that the company's results for the year ended 31 December 2010 are expected to be published on or about 22 February 2011.
28-Jan-2011
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares are referred to the announcement released by the company on SENS on 23 November 2010 regarding the acquisition by Brimstone, as part of a consortium which includes funds under the management of Capital works Equity Partners, of The Scientific Group (Pty) Ltd ("The Scientific Group") from the current majority shareholder ("the transaction") and are advised that all conditions precedent to the transaction have been met, or where appropriate, waived. The effective date of the transaction will be 1 February 2011. In terms of the transaction, Brimstone, which currently holds 26% in The Scientific Group, will increase its effective economic interest therein to 28.2%. Represented countrywide and into Sub-Saharan Africa, The Scientific Group is a supplier of high quality science and medical equipment. The Clinical Division services the public and private pathology laboratories, the Biosciences Division caters for specialised molecular biology and biotechnology equipment consumables and reagents whilst the Medical Division provides first world hospital equipment and medical devices to both the public and private sector hospitals. These divisions are complemented by one of the largest Service Divisions in the country. Further information on The Scientific Group can be found at www.scientificgroup.com. It should be noted that the value of the transaction for Brimstone is less than 5% of Brimstone's market capitalisation and accordingly this announcement is made by the company voluntarily.
13 Jan 2011 17:52:24
(Official Notice)
Following the receipt of updated shares in issue information for Brimstone Investment Corp Ltd N (South Africa, constituent) and notification from the stock exchange, FTSE and the JSE announced that Brimstone Investment Corp Ltd N (South Africa, ZAE000015285, 6119698) will remain in the FTSE/JSE Africa Small Cap (J202) index with an increased shares in issue figure of 266 480 204 and an unchanged investability weighting of 75% effective from start of trading 21 January 2011. For further information or general enquiries please contact us at info@ftse.com or indices@jse.co.za
31 Dec 2010 11:23:17
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") are referred to the announcement dated Friday, 10 December 2010 wherein the dealing in securities by a director of a major subsidiary and the company secretary as a result of the specific issue of 39 140 000 new Brimstone "N" ordinary shares to the Brimstone Black Executives Investment Trust, the Brimstone General Staff Investment Trust and the Brimstone Broad- based BEE Trust, representing in aggregate 12.5% of Brimstone's enlarged issued share capital ("the transactions") was set out and are advised that the Brimstone "N" ordinary shares relating to the transactions have now been issued.
10 Dec 2010 13:00:55
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") were advised that, at the general meeting of Brimstone shareholders held on 10 December 2010, all the ordinary and special resolutions required to approve, inter alia, the specific issue of 39 140 000 new Brimstone "N" ordinary shares for cash to the Brimstone Black Executives Investment Trust, the Brimstone General Staff Investment Trust and the Brimstone Broad-based BEE Trust, representing in aggregate 12.5% of Brimstone's enlarged issued share capital ("the transactions"), as set out in the circular to Brimstone shareholders dated 18 November 2010 ("the circular") were passed by the requisite majority of Brimstone shareholders present or represented by proxy.



The dealing in securities by a director of a major subsidiary and the company secretary as a result of the transactions and as set out below, will only take place once all the conditions precedent as set out in the circular have been met. Brimstone shareholders will be advised by way of an announcement on SENS once this has occurred.
23 Nov 2010 10:10:37
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares are advised that Brimstone, as part of a consortium which includes funds under the management of Capitalworks Equity Partners, is in the process of acquiring The Scientific Group (Pty) Ltd("The Scientific Group") from the current majority shareholder ("the transaction"). In terms of the transaction, Brimstone, which currently holds 26% in The Scientific Group, will increase its effective economic interest therein. The transaction is subject to various conditions precedent, including Competition Commission approval.



Represented countrywide and into Sub-Saharan Africa, The Scientific Group is a supplier of high quality science and medical equipment. The Clinical Division services the public and private pathology laboratories, the Biosciences Division caters for specialised molecular biology and biotechnology equipment consumables and reagents whilst the Medical Division provides first world hospital equipment and corrective products for the cardiology market. These divisions are complemented by one of the largest Service Divisions in the country. Further information on The Scientific Group can be found at www.scientificgroup.com. It should be noted that the value of the transaction for Brimstone is less than 5% of Brimstone's market capitalisation and accordingly this announcement is made by the company voluntarily.

18 Nov 2010 14:46:24
(Official Notice)
10 Nov 2010 15:26:01
(Official Notice)
In accordance with Section 3.59 of the JSE Limited Listings Requirements in respect of a change to the board of directors and company secretary, Brimstone shareholders are informed that:

*Mr Philip Leon Campher, currently an independent non-executive director has been appointed as the lead independent director of Brimstone; and

*Mrs Tiloshani Moodley has been appointed as company secretary of Brimstone replacing Mr Michael O`Dea.

The above appointments have been made with immediate effect.



In addition, the following executive appointments have been made:

*Mr Mohamed Iqbal Khan has been appointed as Chief Information Officer of Brimstone;

*Mr Michael O`Dea has been appointed as Chief Financial Officer of Brimstone; and

*In July this year, Messrs Gerhard Kotze and Sebastian Patel were appointed as Managing Executives. They have significant corporate finance experience and will be focusing on evaluating prospective investment opportunities for Brimstone as well as helping to manage the company's current investments.

25 Aug 2010 08:24:31
(C)
Revenue increased from R213.3 million to R896.6 million in 2010. Operating profit increased to R200.9 million (June 2009:R35.9 million).Headline earnings per share grew to reach 149cps (June 2009:1.80cps).



Dividends per share

No interim dividend was declared for the period under review



Prospects

The transactions concluded over the past six months have placed Brimstone on course to write a new chapter in its evolution as one of South Africa's leading empowerment investment companies. In the past fifteen years, the company has pursued opportunities that bring about wealth creation and measurable empowerment opportunities for its business partners and shareholders. The company will continue to pursue value enhancing transactions for its shareholders and to this end it has broadened its team through the further employment of highly-skilled staff.
23 Aug 2010 12:59:47
(Official Notice)
16 Aug 2010 15:48:19
(Permanent)
Brimstone Investment Corporation Ltd undertook an unbundling of its shareholding in the ratio of 40 Health ordinary shares for every 100 Brimstone shares on Monday, 16 August 2010.
16 Aug 2010 12:31:56
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") are advised that the ordinary shares in Health commenced trading on the securities exchange operated by the JSE Limited ("JSE") at 09:00 today, in the "Other Securities" sector of the JSE, under the share code HSI and ISIN ZAE000146742.

Brimstone shareholders are further advised that the announcement of the apportionment ratio for South African taxation purposes will be released on the Securities Exchange News Service on Monday, 23 August 2010 and published in the South African press on Tuesday, 24 August 2010.
13 Aug 2010 15:51:01
(Official Notice)
Further to the above, Brimstone expects to report earnings per share of between 133.0 cents to 159.6 cents, and headline earnings per share of between 135.5 cents to 162.5 cents for the six months ended 30 June 2010, which is up from earnings per share and headline earnings per share of 5.4 cents and 1.8 cents respectively reported for the six months ended 30 June 2009. The increase in earnings is largely as a result of the share buy-backs and restructuring of the company's investment in Life Healthcare Group Holdings Ltd, as previously announced to shareholders. The company's results for the six months ended 30 June 2010 are expected to be published on or about 25 August 2010.
06 Aug 2010 07:50:46
(Official Notice)
Holders of ordinary shares and "N" ordinary shares in Brimstone ("Brimstone shareholders"), and ordinary shares in Health ("Health ordinary shares") ("Health shareholders") are hereby informed that Health directors today declared a dividend of R0.23 per Health ordinary share to its shareholders ("dividend declaration"). This amounts to a total dividend of R63.76 million to all current Health shareholders. This amount falls due to all current Health shareholders.



Health is an associate of Brimstone, which Health ordinary shares directly held by Brimstone will soon be unbundled to Brimstone shareholders ("Unbundling"). The proceeds of the dividend will be received by Brimstone and not by new Health ordinary shareholders post the Unbundling. The dividend declaration is part of the process of the Unbundling of Brimstone?s direct holding in Health to Brimstone shareholders. This announcement is required for regulatory purposes only and no action is required by Brimstone shareholders or Health shareholders.

05 Aug 2010 11:21:13
(Official Notice)
Holders of ordinary shares and "N" ordinary shares in Brimstone ("Brimstone shares") ("Brimstone shareholders") are referred to the announcement published on SENS on Tuesday, 22 June 2010 ("the announcement") and the circular dated Monday, 28 June 2010 ("the circular"), setting out details of, inter alia:

*A series of transactions undertaken and/or to be undertaken by Brimstone, Mvelaphanda Group Ltd ("Mvela Group") and various entities controlled by Mvela Group and Brimstone (the "restructure"). *The proposed unbundling by Brimstone of all of the shares held directly by it in Health Strategic Investments Ltd ("Health") on Friday, 20 August 2010, constituting 39.55% of the issued ordinary share capital of Health, to Brimstone shareholders (the "unbundling").



Conditions precedent to the restructure and the unbundling

In terms of the announcement and the circular, various conditions precedent in relation to the Restructure and the Unbundling had to be implemented by no later than 5 August 2010. Brimstone shareholders are now advised that all conditions precedent as set out in the announcement and the circular have been fulfilled and that the restructure and unbundling are now unconditional. The Unbundling will be implemented in accordance with the timetable published in the circular.



Unbundling ratio

Brimstone will distribute the 109 646 136 Health ordinary shares held directly by it to its shareholders by way of a distribution in specie and a reduction in Brimstone's reserves in terms of section 90 of the Companies Act, 1973 and section 46 of the Income Tax Act, 1962.



Brimstone shareholders registered as such on Friday, 20 August 2010 ("record date"), will receive 40 Health ordinary shares for every 100 Brimstone shares held. The last day to trade in Brimstone shares on the exchange operated by the JSE Ltd in order to participate in the unbundling is Friday, 13 August 2010.
27 Jul 2010 15:30:47
(Official Notice)
The holders of ordinary shares and "N" ordinary shares in Brimstone ("Brimstone shareholders") are referred to the announcement published on SENS on 9 July 2010 referring to the acquisition by Brimstone of the remaining 26% interest in Lion of Africa Holdings Company (Pty) Ltd which it does not already own ("the acquisition"). Further to the aforementioned announcement, the fairness opinion provided by the independent expert, Ernst - Young Advisory Services (Pty) Ltd ("Ernst - Young"), in respect of the Acquisition has now been approved by the JSE. Ernst - Young have concluded that the terms and conditions of the acquisition are fair to Brimstone shareholders and their fairness opinion will lie for inspection at the registered offices of Brimstone for a period of 28 days from the date of this announcement. The acquisition has become unconditional and has been implemented.

20 Jul 2010 13:42:30
(Official Notice)
Results of general meeting Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") are advised that, at the general meeting of Brimstone shareholders held at The Athenaeum, No 1 Mariendahl Lane, Boundary Terraces, Newlands, Cape Town on Tuesday, 20 July 2010, the requisite majority of Brimstone shareholders approved the special resolutions authorising:

*the disposal of the entire issued ordinary share capital of Newshelf 778 (Pty) Ltd ("share exchange") in consideration for 128 849 235 ordinary shares in the issued share capital of Health Strategic Investments Ltd ("Health"); and

*the distribution of all of the shares held directly by the company in Health by way of a distribution in specie to all Brimstone shareholders ("unbundling") in the ratio of 40 Health ordinary shares for every 100 Brimstone shares held at the close of business on the record date for the unbundling, being Friday, 20 August 2010, subject to the implementation of the share exchange.

In addition Brimstone shareholders are advised that the requisite majority of Brimstone shareholders voted in favour of the ordinary resolution to approve the addendum to the Brimstone Investment Corporation Ltd Share Trust. The share exchange and the unbundling will only be effected once all the conditions precedent set out in the circular to shareholders dated Monday, 28 June 2010 have been met. Shareholders will be informed by way of an announcement released on SENS, once all these conditions precedent have been met. It is anticipated that Health will be listed on the exchange operated by the JSE from the commencement of business on Monday, 16 August 2010.
12 Jul 2010 17:23:55
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") are referred to the announcement by Brimstone released on SENS on Tuesday, 22 June 2010 and in the national press on Wednesday, 23 June 2010. It was announced therein that pursuant to the listing of Life Healthcare Group Holdings Ltd ("Life Healthcare") on the exchange operated by the JSE Ltd ("Life listing"), Brimstone, through its wholly owned subsidiary Newshelf 831 (Pty) Ltd ("Newshelf 831"), would participate in the 30 day overallotment option ("Life overallotment option") which Newshelf 831, together with other shareholders of Life Healthcare, granted to the joint-global coordinators and joint bookrunners of the Life listing. Further to the announcement released on SENS on 12 July by Life Healthcare regarding the exercise, in part, of the Life overallotment option, Brimstone shareholders are advised that Brimstone (through Newshelf 831) disposed of 8 305 400 ordinary shares in Life Healthcare thereunder for which it will be receiving total gross proceeds of R112 122 900.
09 Jul 2010 12:33:14
(Official Notice)
28 Jun 2010 17:52:32
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") are referred to the announcement by Brimstone released on SENS on Tuesday, 22 June 2010 and are advised that the circular ("circular") regarding the series of transactions undertaken and/ or to be undertaken by Brimstone, Mvelaphanda Group Ltd ("Mvela Group") and various entities controlled by Brimstone and Mvelaphanda ("restructure") and the proposed unbundling by Brimstone of all its directly held ordinary shares in Health to Brimstone shareholders ("unbundling") was posted to Brimstone shareholders. The circular incorporates a notice convening a general meeting of Brimstone shareholders ("general meeting") to be held at 10h00 on Tuesday, 20 July 2010, at The Athenaeum, Boundary Terraces, No 1 Mariendahl Lane, Newlands, Cape Town. Brimstone shareholders are further referred to the abridged pre-listing statement released earlier today on SENS by Health and are advised that the Health pre-listing statement ("Health PLS") was posted to Brimstone shareholders, together with the circular. The circular and the Health PLS are also available on Brimstone's website at: www.brimstone.co.za/circulars.htm.
22 Jun 2010 07:33:58
(Official Notice)
04 Jun 2010 10:15:00
(Official Notice)
Shareholders are referred to Brimstone's announcements released on SENS on Tuesday, 18 May 2010 and Thursday, 3 June 2010 as well as the announcements by Life Healthcare released on SENS on Thursday, 3 June 2010 and today regarding, inter alia, the anticipated listing of Life Healthcare on the JSE Ltd ("the JSE") ("listing"). Accordingly, shareholders are advised that 389 273 713 Life Healthcare ordinary shares have been placed at a price of R13.50 and that the expected date of listing of Life Healthcare, subject to, inter alia, the achievement of a shareholder spread acceptable to the JSE, will be Thursday, 10 June 2010.



Cautionary

Shareholders are referred to the cautionary announcement dated Monday, 8 March 2010 and the renewals thereof on Friday, 23 April 2010 and Tuesday, 18 May 2010, and are advised that they should continue to exercise caution when dealing in Brimstone shares until a further announcement is made.
27 May 2010 16:12:56
(Official Notice)
Shareholders are referred to Brimstone's announcement released on the Securities Exchange New Service ("SENS") on Tuesday, 18 May 2010 as well as the announcement by Life Healthcare released on SENS today regarding, inter alia, the anticipated listing date of Life Healthcare on the JSE Limited ("the JSE"). Accordingly, shareholders are advised that the expected date of the listing of Life Healthcare, subject to, inter alia, the achievement of a shareholder spread acceptable to the JSE, will be Wednesday, 9 June 2010.



Shareholders are referred to the cautionary announcement dated Monday, 8 March 2010 and the renewals thereof on Friday, 23 April 2010 and Tuesday, 18 May 2010, and are reminded that they should continue to exercise caution when dealing in Brimstone shares until a further announcement is made.

26 May 2010 09:57:42
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 25 May 2010, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy thereat. The special resolution will be registered with CIPRO in due course.
24 May 2010 15:03:53
(Official Notice)
18 May 2010 08:38:46
(Official Notice)
On Friday, 23 April 2010, holders of ordinary and "N" ordinary Brimstone shares ("Brimstone shareholders") were referred to a press release by Life Healthcare detailing its intention to list on the Main Board of the securities exchange operated by the JSE Ltd ("JSE") by the end of June 2010, subject to prevailing market conditions.



Following thereon, Brimstone shareholders are referred to the abridged pre-listing statement released earlier today by Life Healthcare wherein it was announced that Life Healthcare will, subject to certain conditions, list on the JSE with effect from the commencement of business on Tuesday, 8 June 2010. Brimstone shareholders are further referred to the detailed pre-listing statement released by Life Healthcare today. Brimstone shareholders are referred to the cautionary announcement dated Monday, 8 March 2010 and the renewal thereof on Friday, 23 April 2010, and are advised that they should continue to exercise caution when dealing in Brimstone shares until a further announcement is made.
10 May 2010 11:15:31
(Official Notice)
Shareholders of Brimstone are advised that, at the general meeting of shareholders of Brimstone held at The Athenaeum, No 1 Mariendahl Lane, Boundary Terraces, Newlands, Cape Town on Monday, 10 May 2010, the requisite majority of shareholders approved the ordinary resolutions authorising, subject to the approval of the directors of Brimstone, the disposals by:

*Newshelf 831 (Pty) Ltd of a portion of the issued ordinary shares that it holds in Life Healthcare Group Holdings (Pty) Ltd.

*Newshelf 778 (Pty) Ltd of a portion of the ordinary shares that it holds in Business Venture Investments No 931 (Pty) Ltd.

The disposals will only be effected once all the conditions precedent set out in the circular to shareholders dated 23 April 2010 have been met. Shareholders will be informed by way of an announcement released on SENS, once the conditions precedent have been met.
05 May 2010 11:52:46
(Official Notice)
23 Apr 2010 16:11:24
(Official Notice)
26 Mar 2010 13:00:53
(Official Notice)
Further to Brimstone's reviewed results for the year ended 31 December 2009, published on 23 February 2010, the annual report has been dispatched to shareholders. The annual report contains no modifications to the aforementioned published reviewed results.



Annual general meeting

The annual general meeting of the members of Brimstone will be held at 18:30 on Tuesday, 25 May 2010 at Old Mutual business school, presentation room, west campus building, Jan Smuts drive, Pinelands, Cape Town to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
08 Mar 2010 11:40:28
(Official Notice)
On Monday, 23 November 2009, Brimstone shareholders were advised that Life Healthcare had issued a press release informing Life Healthcare stakeholders that it had appointed corporate advisors to advise the Life Healthcare board with regards to its current shareholder options. The strategic review of Life Healthcare's shareholder options followed Mvelaphanda Group Ltd's announcements in September and November 2009 of its intentions to realise or unbundle its 22% interest in Life Healthcare.



Life Healthcare issued a press release stating that following the strategic review between Life Healthcare's stakeholders and its advisors, the preferred route is to list Life Healthcare on the JSE Ltd within the next nine months subject to market conditions and that further information regarding the proposed listing will be announced in due course.



Cautionary

Further to the conclusion of the strategic review, Brimstone shareholders were advised that Brimstone had entered into negotiations which, if successfully concluded, may have an effect on the price of the company's shares. Accordingly, Brimstone shareholders were advised to exercise caution when dealing in the company's shares until a further announcement was made.
04 Mar 2010 15:04:55
(Official Notice)
Brimstone shareholders were informed that Mr T M F Phaswana has resigned as an independent non-executive director of the company with immediate effect, due to his appointment as chairman-elect of the board of directors of Standard Bank Group Ltd.
01 Mar 2010 09:56:16
(Media Comment)
Business Day reported that Brimstone Investment Corporation, the empowerment group that turned around to a profit, had been working hard to manage its empowerment status and dividends would be paid to black shareholders holding 54% of the group said executive deputy chairman, Fred Robertson. Robertson told the Investment Analyst Society in Johannesburg there was big debate on empowerment, whether it was successful, and whether black businessmen tended to become only silent partners. He indicated that this was not the case with Brimstone. The group had built its assets steadily over 15 years and had institutional shareholder support, while many other empowerment companies had disappeared from the JSE.
23 Feb 2010 09:35:23
(C)
Revenue for the year ended 31 December 2009 increased to R865 million (2008 : R260 million) while operating profit also rose to R169 million (2008 : R28 million) . Profit attributable to equity holders of the parent for the period 2009 was R325 million compared to the loss of R110 million for the same period in 2008 . Headline earnings per share for the year ended 31 December 2009, was 130.9 cents, in comparison to the headline loss per share of 33.0 cents for the previous year.



Dividends

Notice was given that the directors of the company have resolved to issue fully paid "N" ordinary shares in the company as a capitalisation award to all shareholders. Shareholders will be entitled, in respect of all or part of their shareholding, to elect to receive new fully paid "N" ordinary shares, which will be issued only to those shareholders who elect in respect of all or part of their shareholding, on or before 12:00 on Friday 21 May 2010, to receive the capitalisation award shares. Shareholders not electing to receive new fully paid "N" ordinary shares in respect of all or part of their shareholding will be entitled to receive a cash dividend alternative of 32 cents per share.



Prospects

As the company begins to see favourable signs of a steady recovery in the overall economy and markets, the underlying investments within Brimstone's diversified portfolio are in good order. Brimstone are optimistic that favourable earnings can be sustained as the company moves forward and engage in transactions and pursue prospects that will improve earnings potential and unlock greater value for the shareholders.
10 Feb 2010 16:28:49
(Official Notice)
Brimstone are expected to report basic earnings per share of between 125.4 cents to 150.4 cents, and headline earnings per share of between 120.5 cents to 144.6 cents for the year ended 31 December 2009, which is up from the loss per share and headline loss per share of 46.6 cents and 33.0 cents respectively reported for the year ended 31 December 2008. This significant improvement in earnings is as a result of upward valuations of the group's investments and substantial increase in dividend income. Shareholders are advised that the above information has not been reviewed or reported on by the company's auditors and that the company's results for the year ended 31 December 2009 are expected to be published on or about 23 February 2010.
22 Dec 2009 08:37:32
(Media Comment)
According to Business Day, Brimstone has acquired all of Santam Ltd's 35% stake in the Lion of Africa Insurance Company. Brimstone now owns 74% of Lion of Africa's shares. Brimstone CE Mustaq Brey said the deal will benefit shareholders.
04 Dec 2009 11:54:30
(Official Notice)
In amplification of the information contained in the annual financial statements of Brimstone for the year ended 31 December 2008 and the announcement dated 30 January 2009, holders of ordinary shares and "N" ordinary shares in Brimstone are advised that on or about 23 July 2008 Brimstone entered into an agreement with the trustees for the time being of the Shanda Trust and the trustees for the time being of the SDS Investment Trust to acquire the remaining 49% of:

*Fifth Element (whose wholly-owned subsidiaries included Canterbury International South Africa (Pty) Ltd and Lakeside City Trading 137 (Pty) Ltd)

*O'Neill did not already own, through its wholly-owned subsidiary House of Monatic (Pty) Ltd. At the time of the conclusion of the agreement, Fifth Element and O'Neill were designers and marketers of leisurewear while CISA was a designer and marketer of sportswear. Lakeside was a property owning entity.



The Acquisitions were effective from 15 August 2008.

During January 2009, Brimstone decided to liquidate the companies in order to protect the interests of all stakeholders, when it became apparent that certain financial irregularities may have been perpetrated in the companies and that the companies were no longer viable. Details of the liquidation were provided in the announcement dated 30 January 2009. The liquidation process is ongoing.
26 Nov 2009 11:16:58
(Media Comment)
Brimstone performed well in the Sunday Times Business Times Top 100 Companies Survey 2009. The company was listed as a top performer in the following categories:

*In the category Top 100 over five years, Brimstone "N" ranked at 14th place

*In the category Top 50 over ten years, Brimstone "N" ranked at 10th place

*In the category Top 50 over one year, Brimstone "N" ranked at 16th place
23 Nov 2009 14:10:16
(Official Notice)
Holders of ordinary and "N" ordinary Brimstone shares are advised that Life Healthcare has issued a press release on Friday, 20 November 2009 informing Life Healthcare stakeholders that it has appointed corporate advisors to advise the Life Healthcare board with regards to its current shareholder options, RMB Holdings Ltd, Old Mutual Investment group (Pty) Ltd, Industrial Development corporation of South Africa Ltd and the doctors, staff and management of Life Healthcare). The strategic review of Life Healthcare's shareholder options follows Mvelaphanda's announcements in September and November 2009 of its intentions to realise or unbundle its 22% interest in Life Healthcare.



Any implementation of a revised shareholding structure in Life Healthcare could have an impact on Brimstone's current 22% interest in Life Healthcare. Brimstone's board of directors will assess all options available to it in relation to Brimstone's shareholding in Life Healthcare. Should any shareholding restructure be undertaken by Life Healthcare, Brimstone will pursue a strategy that is in the best interests of Brimstone shareholders. Brimstone shareholders will be informed of further developments with regard to Brimstone's interest in Life Healthcare as and when Life Healthcare has considered the various shareholder options to be proposed by its advisors in early 2010.
01 Sep 2009 09:01:24
(Official Notice)
Further to the announcement made by Tiger Brands, Brimstone is pleased to announce that, in its capacity as a selected strategic black partner to Tiger Brands, it has entered into an agreement with Tiger Brands to subscribe for 1% of the enlarged issued ordinary share capital of Tiger Brands, subject to the fulfilment of certain conditions precedent. Brimstone shareholders are referred to the Tiger Brands announcement for details of the terms and conditions of the Tiger Brands Phase II BEE Transaction.



Brimstone has historically played a key role in enhancing the empowerment achievements of Tiger Brands by virtue of its shareholding interests in Oceana Group Ltd, Sea Harvest Corporation Ltd and The Scientific Group (Pty) Ltd. Brimstone's selection as a strategic black partner to Tiger Brands in the Tiger Brands Phase II BEE Transaction is testament to the valued contributions that Brimstone has made to Tiger Brands over the years; and Brimstone looks forward to further developing this long-standing relationship.



The size of the capital contribution that Brimstone is required to make in terms of the Tiger Brands Phase II BEE Transaction falls below the category 2 threshold of 5% of the market capitalisation of Brimstone in terms of the JSE Ltd Listings Requirements. Accordingly, this announcement is made by Brimstone on a voluntary basis to inform Brimstone shareholders of the company's ongoing activities and strategic partnerships, and there is no need for Brimstone shareholders to take any further action.
20 Aug 2009 17:42:35
(C)
Revenue increased from R114.5 million to R213.3 million in 2009. Gross profit rose to R88.6 million (2008:R35.7 million) and operating profit increased to R57.2 million (2008:-R70.8 million).Headline earnings on a per share basis grew to reach 1.80cps (-42.10cps).



Dividends per share

No interim dividend was declared for the period under review



Prospects

Whilst the economic outlook remains uncertain, focused attention is being directed at containing costs within the overall business, improving cash flows and actively seeking out transactions that will deliver long-term value and dividends to shareholders. Overall, the underlying investments are solid and the outlook for good long-term growth is positive.
19 Aug 2009 17:17:37
(Official Notice)
Brimstone shareholders are referred to the trading statement published on Friday, 14 August 2009, in which it was indicated that Brimstone expected a headline loss per share of between 5.2 cents and 6.2 cents for the six months ended 30 June 2009. Further to this, in finalising the results it was identified that an amount of R40.9 million was added back prior to eliminating the minority portion in the headline loss calculation and it is now expected that headline earnings per share will be between 1.6 cents and 1.9 cents for the six months ended 30 June 2009. The expected earnings per share for the six months ended 30 June 2009 of between 4.9 cents and 5.9 cents remains unchanged. The company's reviewed results for the six months ended 30 June 2009 are expected to be published on or about 20 August 2009.
11 Aug 2009 14:20:30
(Official Notice)
Following recent discussions with short-term insurer Santam Ltd ("Santam"), Brimstone Investment Corporation and Commlife Holdings have agreed to acquire all of Santam's current interests in the Lion of Africa Insurance Company Ltd ("Lion") - interests currently equating to 35% of the current issued shares. The value of the proposed transaction has not been disclosed. In terms of the transaction, Brimstone will acquire a further 21% shareholding of the entire issued shares of Lion - upping its original shareholding from an effective 39% of the Lion Group to a controlling 60%. Joint shareholder, Commlife Holdings will increase its shareholding in Lion from 26% to 40%. The transaction, which is subject to all regulatory approvals, is effective 30 June 2009.
28 May 2009 15:48:49
(Official Notice)
Members are advised that, at the general meeting of members of Brimstone held on Thursday, 28 May 2009, the resolution relating to:

* the capitalisation of the investment vehicle, Holdco, by Brimstone's wholly-owned subsidiary, Brimco, was passed unanimously;

* the acquisition by Holdco of the 73.16% shareholding in Sea Harvest Corporation Ltd held by Tiger Brands Ltd and the remaining Sea Harvest ordinary shares held by the remaining shareholders of Sea Harvest, was passed unanimously; and

* the amendments to the Brimstone Share Trust Deed was approved by a majority of 99.4%.

In light of the above, members are advised that all the conditions precedent relating to the acquisition, through Holdco, by the Brimstone led consortium of all the Sea Harvest ordinary shares in issue, have been fully met and satisfied, and the transaction has been implemented.
25 May 2009 14:07:05
(Media Comment)
Finweek quoted Brimstone deputy chairman Fred Robertson as saying that the group will continually investigate opportunities to unlock the discount to net asset value (NAV). Brimstone directors would like to narrow the massive discount the market places on the company's R2.2 billion NAV. Robertson said Brimstone intends "implementing value-unlocking strategies on an individual and portfolio basis". Early interpretations of what Roberson has said imply that the initial focus will be on Rex Trueform Ltd as well as House of Monatic.
20 May 2009 11:00:04
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 19 May 2009, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy thereat. The special resolution will be submitted to the Registrar of Companies in due course.
13 May 2009 17:54:45
(Official Notice)
07 May 2009 17:42:32
(Official Notice)
Shareholders are referred to the announcement dated Wednesday, 06 May 2009 regarding the posting of Brimstone's annual report and are advised that the annual report was posted on Friday, 24 April 2009 rather than Wednesday, 29 April 2009.
06 May 2009 09:48:09
(Official Notice)
Brimstone's reviewed results for the year ended 31 December 2008, published on 23 February 2009, the annual report has been dispatched to shareholders on 29 April 2009. The annual report contains no modifications to the aforementioned published reviewed results.



The annual general meeting of the members of Brimstone will be held at 18:30 on Tuesday, 19 May 2009 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
04 Mar 2009 16:51:30
(Official Notice)
Dr Olive Shisana has resigned as an independent non-executive director of the company with immediate effect.
25 Feb 2009 15:12:23
(Media Comment)
Brimstone would conduct a strategic review of its clothing portfolio next week following the provisional liquidation of its clothing import business, Fifth Element Group, chief executive Mustaq Brey said yesterday. A sale of its interests, which included suit maker House of Monatic and Rex Trueform, the owner of Queens [ark chain, was being considered, Brey said. Other options included "right sizing" or even expanding its portfolio.
23 Feb 2009 18:11:27
(C)
In challenging trading conditions the group continues to derive good returns and has started to see healthy cash inflows from its underlying investments. Equity accounted earnings have grown strongly from R7.3 million to R42.5 million and dividends received have increased from R28.6 million to R32.8 million, whilst fees received from underlying investments amounted to R22.6 million (R8.0 million). However, results for the year to 31 December 2008 reflect a decline in Net Asset Value of 7.7% from R2 373.5 million (R10.13 per share) to R2 191.2 million (R9.27 per share). The group reported an attributable loss of R110 million (R842.1 million profit), equating to a loss per share of 46.6c (359.8c earnings per share).
20 Feb 2009 15:10:27
(Official Notice)
Brimstone shareholders are referred to the trading statement published on the 19 February 2009, in which it was indicated that Brimstone expected a headline loss per share of between 38cps and 45.5cps for the year ended 31 December 2008. Further to this, in finalising the results it was identified that an amount of R21.5 million relating to the reversal of certain provisions was erroneously included in the headline loss calculation and it is now expected that the headline loss per share will be between 30cps and 36cps for the year ended 31 December 2008. The expected loss per share of between 42.2cps and 50.5cps remains unchanged. Shareholders are advised that the above information has not been reviewed or audited by the company's auditors and that the company's reviewed results for the year ended 31 December 2008 are expected to be published on or about 23 February 2009.
20 Feb 2009 13:41:59
(Official Notice)
Brimstone shareholders are informed that Mr Lawrie Brozin, currently an executive director of Brimstone, has been appointed as financial director of the company with immediate effect.
19 Feb 2009 17:18:07
(Official Notice)
Brimstone expects a loss per share of between 42.2cps and 50.5cps and a headline loss per share of between 38cps and 45.5cps for the year ended 31 December 2008, which is down from the earnings per share and headline earnings per share of 359.8cps and 321.5cps respectively reported for the year ended 31 December 2007. The reduction in earnings is primarily as a result of a reduction in fair value gains in underlying investments. The company's results for the year ended 31 December 2008 are expected to be published on or about 23 February 2009.



Withdrawal of cautionary

Brimstone shareholders are referred to the announcement dated 30 January 2009 which set out information regarding the entities placed into liquidation by Brimstone's wholly-owned subsidiary House of Monatic (Pty) Ltd, being Fifth Element Marketing (Pty) Ltd, Canterbury International SA (Pty) Ltd and O`Neill South Africa (Pty) Ltd at which stage the financial impact of the liquidation of the businesses on Brimstone's results for the year ended 31 December 2008 was not quantifiable. It is now estimated that the businesses contributed a loss of 22.1cps and 19.9cps to Brimstone's loss and headline loss per share for the year ended 31 December 2008 respectively. Further to this information, caution is no longer required to be exercised by Brimstone shareholders when dealing in their Brimstone securities.
30 Jan 2009 16:59:43
(Official Notice)
House of Monatic , a wholly-owned subsidiary of Brimstone, has applied to the High Court to liquidate its interests in Fifth Element Marketing (Pty) Ltd ("Fifth Element") - the clothing design and wholesale business which owns fashion and sportswear supplier Canterbury International SA (Pty) Ltd and surf- wear and fashion brand, O`Neill SA. The businesses - like many other businesses in the clothing industry have been faced with challenges despite receiving funding, commitment and support from House of Monatic. Evidence of possible financial irregularities perpetrated in the businesses was recently uncovered during an ongoing co-operative investigation by House of Monatic and the South African Revenue Services (SARS). These irregularities appear to have been the cause of the current financial position in which liabilities exceed the assets within these three entities. House of Monatic has therefore been left with no alternative but to liquidate the entities concerned. This action is being undertaken in order to protect the interests of all stakeholders.



The acquisition of Fifth Element Marketing and O`Neill SA was made in 2006 and formed part of a strategy to expand the capabilities and competitiveness of 100 year-old House of Monatic whilst enhancing its transformation from a commoditised clothing supplier into a leading fashion brand house.
26 Nov 2008 17:13:36
(Official Notice)
Brimstone shareholders are referred to the joint terms announcement released by Brimstone and Tiger Brands on 31 October 2008 where it was announced that a consortium led by Brimstone, which includes members of Sea Harvest management (the "consortium"), have submitted an offer to purchase 78 753 841 Sea Harvest ordinary shares held by Tiger Brands, representing 73.16% of the total number of Sea Harvest ordinary shares in issue. The offer has been accepted by Tiger Brands and is subject to certain conditions precedent.



Brimstone has established a new company which is to be the entity which represents the interests of the consortium and which will be the acquiring entity in terms of the transaction. Brimstone's shareholding in Newco will be between 55% and 60%.



Brimstone shareholders are also referred to the cautionary announcements dated 7 October 2008 and 31 October 2008 and are advised that further to the information provided in this announcement, caution need no longer be exercised when dealing in their Brimstone shares.
17 Oct 2008 17:29:12
(Official Notice)
Shareholders are advised that Brimstone has entered into negotiations which, if successfully concluded, may have an effect on the price of the company's shares. Accordingly, shareholders are advised to exercise caution when dealing in the company's shares until a further announcement is made.
19 Aug 2008 14:56:12
(C)
Results for the six months to 30 June 2008 show a headline loss of 42.1cps (earnings of 101.1cps). All Brimstone's associate companies delivered strong earnings growth. However, the decrease in the price of both Old Mutual plc and Nedbank Group Ltd shares, to which Brimstone holds acquisition rights, resulted in the decline in headline earnings for the period. The results were also negatively impacted by Brimstone's clothing subsidiaries, which produced disappointing results. For the same reasons, net asset value per share decreased from 1 012.9c at 31 December 2007 to 928.9c at 30 June 2008. Intrinsic net asset value per share decreased from 1 065.6cps at 31 December 2007 to 972.1cps at 30 June 2008.



Dividend

In line with past practice, no interim dividend is payable at half-year.



Prospects

Despite the decrease in headline earnings, Brimstone's portfolio comprises quality, sustainable and resilient businesses that are intrinsically valuable. The current market environment provides good value opportunities and Brimstone management continues to carefully build its deal pipeline.
15 Aug 2008 17:06:29
(Official Notice)
Brimstone expects a loss per share and headline loss per share for the six months ended 30 June 2008 of between 46.3 cents and 37.9 cents, which is down from the earnings per share and headline earnings per share of 101.1 cents reported for the six months ended 30 June 2007.
20 May 2008 11:13:56
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 19 May 2008, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy thereat. The special resolution will be submitted to the Registrar of Companies in due course.
24 Apr 2008 16:07:13
(Official Notice)
Further to Brimstone's reviewed results for the year ended 31 December 2007, published on 27 February 2008, the annual report was dispatched to shareholders on 23 April 2008. The annual general meeting of the members of Brimstone will be held at 18:30 on Monday, 19 May 2008 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
31 Mar 2008 13:47:34
(Official Notice)
Brimstone shareholders are informed that Dr Olive Shisana has been appointed as an independent non-executive director of the company with effect from Thursday, 27 March 2008.
28 Mar 2008 15:36:05
(Official Notice)
Felica Dawn Roman has been appointed as an independent non-executive director of the company with effect from Wednesday, 26 March 2008.
27 Feb 2008 17:41:29
(C)
Revenue increased to R623.7 million (R378 million). Profit from operations and profit attributable to ordinary shareholders declined to R1.2 billion (R1.4 billion) and R842.1 million (R1.1 billion), respectively. This led to headline earnings per share felling to 321.5cps (474.2cps).



Dividend

A dividend of 32cps has been declared.



Prospects

Brimstone is confident that it will continue to deliver on its undertakings in 2008 by adding value to our business partners and through strategic acquisitions, job creation and involvement in the upliftment of disadvantaged-communities in South Africa.
15 Feb 2008 17:05:34
(Official Notice)
Brimstone expects its Headline and Attributable Earnings per share to be lower than the prior comparative period. Headline earnings per share is expected to be down by between 38% and 28% to 294.0 cents and 341.4 cents for the year ended 31 December 2007. (474.2 cents for the year ended 31 December 2006). Attributable earnings per share is expected to be down by between 29% and 18% for the same period. Attributable earnings per share is expected to be between 336.6 cents and 388.8cents for the same period. (474.1 cents for the year ended 31 December 2006).
19 Jul 2006 09:42:24
(Media Comment)
Brimstone's share price rose 9.26% on 18 July 06. Business Day cited the group's positive trading statement as a reason for the rise.
18 Jul 2006 10:16:34
(Official Notice)
As the share prices of Old Mutual and Nedbank Group ("Nedbank") have increased over and above the 31 December 2005 year end spot price of R17.95 for Brimstone's Old Mutual interest and R100.00 for Brimstone's Nedbank interest which are accounted for as options by Brimstone, the value of the respective options has increased by R104.3 million. This increased value of the options will on its own lead to headline earnings per share and earnings per share for the six months ended 30 June 2006 increasing by 32.8c and 32c respectively over those reported in the prior comparative period. The results of the remaining Brimstone operations for the six months ended 30 June 2006 are not yet known with reasonable certainty and a further trading update will be made as soon as there is reasonable certainty regarding this. The company's results for the six months ended 30 June 2006 are expected to be published on 23 August 2006.
26 Jun 2006 16:43:32
(Official Notice)
Brimstone has concluded binding Heads of Agreement with Oceana dated 23 June 2006 to acquire a 10% shareholding in the ordinary share capital of Oceana for a purchase consideration of R176.4 million.
23 Jun 2006 16:43:36
(Official Notice)
Tshamano Mohau Frederik Phaswana has been appointed as a non-executive director to the board of the company. This appointment has been made with effect from Thursday, 22 June 2006.
26 Apr 2006 16:30:33
(Official Notice)
Brimstone shareholders are advised that, at the annual general meeting of Brimstone held on 25 April 2006, all the resolutions were passed by the requisite majority of shareholders. The special resolution for Brimstone and/or its subsidiaries to repurchase its own shares will be submitted for registration at the Registrar of Companies in due course.
04 Apr 2006 17:07:00
(Official Notice)
Further to Brimstone's reviewed results for the year ended 31 December 2005, published on 6 March 2006, the annual report has been dispatched on Monday, 3 April 2006. Headline earnings per share and earnings per share as set out in the reviewed results were amended in preparing the annual report, details of which are set out below. The adjustment arose as a result of the minority interest of R419 000 not being excluded from the calculations of earnings per share. There were no changes to the net attributable profit and the weighted average number of shares.



As disclosed in the reviewed results published on 6 March 2006

Earnings per share

*Headline 91.1c

*Basic 91.7c

Diluted earnings per share

*Headline 87.7c

*Basic 88.3c

As disclosed in the audited results as set out in the annual report

Earnings per share

*Headline 90.8c

*Basic 91.4c

Diluted earnings per share

*Headline 87.4c

*Basic 88.0c

Annual general meeting

The annual general meeting of the members of Brimstone will be held on Tuesday, 25 April 2006 to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
07 Mar 2006 14:15:02
(Official Notice)
The following directors have been appointed to the board of the company:

*Mpho Kathleen Ndebele as a non-executive director;

*Philip Leon Campher as a non-executive director; and

*Lawrie Zev Brozin as an executive director.

These appointments have been made with effect from today, Tuesday, 07 March 2006.





06 Mar 2006 15:42:39
(C)
The group raised R110 million from its shareholders to fund the acquisition of an 18.156% interest in hospital group Life Healthcare. The other two transactions were the acquisition of rights to 19.4 million Old Mutual plc shares at R14.95 per share, and 2.6 million Nedbank Ltd shares at R74.75 per share. All three transactions contributed strongly to earnings with Life Healthcare contributing R15.2 million after allowing for finance costs, and Old Mutual and Nedbank (treated as options) contributing R56.2 million and R66.6 million after tax to headline earnings respectively. As a result Brimstone delivered headline earnings of R153 million (R24.7 million), translating to headline earnings of 91.1cps (20.8cps), with net asset value (at book value) surging to 216.4cps, from 174.1cps share in 2004. Revenue rose slightly to R188.8 million (R187.6 million) with net profit from operations increasing to R169.3 million (R25.6 million) mostly due to the fair value gain on options of R143.6 million.



Prospects

The group's strategy remains to pursue opportunities that offer growth and sustainable returns, across any sector of the economy. Brimstone's efforts will continue to be directed at preserving and enhancing a quality and lucrative book of assets, with a focus on delivering real value for all stakeholders.



Dividend

The board of Brimstone declared a dividend (number 5) of 12cps payable on Monday 3 April 2006.
27 Feb 2006 16:50:22
(Official Notice)
Shareholders are advised that, at the general meeting of Brimstone shareholders held today, 27 February 2006, the resolution relating to the acquisition by the designated directors of the 6 250 000 Brimstone "N" ordinary shares from Investec in terms of the option agreements entered into between Investec and the designated directors and as contemplated in the subscription agreement entered into between the company and Investec on 28 December 2005 and pursuant to which such Brimstone "N" ordinary shares were issued to Investec, was passed by the requisite majority of shareholders present at the general meeting or represented by proxy.
23 Feb 2006 14:06:54
(Official Notice)
The results of the Brimstone operations and investments for the year ended 31 December 2005 are now known with reasonable certainty and it is expected that headline earnings and earnings per share for the year ended 31 December 2005 will be between 85c and 95c. The company's results for the year ended 31 December 2005 are expected to be published on 6 March 2006.
10 Feb 2006 17:23:29
(Official Notice)
Shareholders are advised of a circular posted on 10 February 06 in terms of which they are requested to consider, and, if deemed appropriate, approve, with or without modification, the acquisition of 6 250 000 "N" ordinary shares by Messrs M Hewu, AA Roberts, N Khan, LA Parker and Y Pahad who are non-executive directors of Brimstone (the directors" acquisitions). The proposed acquisitions by the designated directors are being undertaken in order to replenish cash and improve empowerment credentials. Brimstone entered into a subscription agreement with Investec Bank on 28 December 2005 in terms of which 6 250 000 "N" ordinary shares were issued to Investec under the company's general authority to issue shares. The price at which the Investec issue was undertaken was 236.7c, which equated to a 10% discount to the volume weighted average price for the 30 business days prior to 9 November 2005, being the date on which the decision to undertake the cash issue was made. In terms of the directors' acquisitions, Messrs M Hewu and AA Roberts will each acquire 500 000 "N" ordinary shares, and Messrs N Khan, LA Parker and Y Pahad will each acquire 1 750 000 "N" ordinary shares from Investec pursuant to an option agreement entered into between Investec and each of the designated directors, as contemplated in the subscription agreement. The price at which the directors will acquire these shares is the issue price plus additional holding costs.



05 Jan 2006 16:59:06
(Official Notice)
Pursuant to the Old Mutual Group BEE transaction, the Brimstone Consortium (made up of Brimstone (67%) and Mtha-we-Mpumelelo Investments (Pty) Ltd (33%)), acquired an effective 0.47% interest in the issued share capital of Old Mutual plc and an effective 0.61% interest in the issued share capital of Nedbank Group Ltd ("Nedbank") ("the interests"). The interests will be accounted for as options by Brimstone. As the share prices of Old Mutual and Nedbank have increased over and above the reference price of R14.95 for the Old Mutual plc interest and R74.75 for the Nedbank interest, the value of the respective options has increased by R105.6 million. This increased value of the options will lead to headline earnings per share and earnings per share for the year ended 31 December 2005 increasing by 42.2c and 41.8c respectively. This increase only takes into account the effect of the value of the options. The results of the remaining Brimstone operations for the year ended 31 December 2005 are not yet known with reasonable certainty and a further trading update will be made as soon as there is reasonable certainty regarding this. Shareholders are advised that the above information has not been reviewed or reported on by the company's auditors and that the company's results for the year ended 31 December 2005 are expected to be published on 06 March 2006.
15 Dec 2005 14:54:27
(Official Notice)
Shareholders are advised that Brimstone has issued a total of 15 487 333 "N" ordinary shares for cash, in terms of the general authority to issue shares for cash granted by Brimstone shareholders at the annual general meeting held on 18 May 2005.



Consideration and number of new Brimstone "N" ordinary shares issued in terms of the cash issues

On 6 October 2005, 3 750 000 "N" ordinary shares were issued at a price of 224.1c, equating to a 10% discount to the volume weighted average traded price of Brimstone "N" ordinary shares on the JSE for the 30 business days prior to 27 September 2005, the date on which the decision to undertake the cash issue was made. Further to this, 11 737 333 new Brimstone "N" ordinary shares were issued on 21 November 2005 at a price of 236.7c each, equating to a 10% discount to the VWAP for the 30 business days prior to 10 November 2005, being the date on which the decision to undertake the cash issue was made.



A total cash amount of R36 186 017 has been raised in terms of the cash issues. The new Brimstone "N" ordinary shares issued in terms of the cash issues will rank pari passu with the existing issued "N" ordinary shares. The cash issues were undertaken in order to replenish cash and improve black

economic empowerment credentials.
24 Aug 2005 11:19:20
(C)
The results for the six month period are considered to be positive in light of the impact of non-recurring costs relating to the acquisition of investments which had a direct and significant effect on headline earnings. Headline earnings increased by 16.5% to R15.5 million from R13.3 million for the comparable period in 2004, translating to headline earnings per share of 12.5c (11.2c). Revenue for the half year amounted to R86.3 million (R83.9 million). The results were bolstered by the inclusion of equity accounted earnings of Life Healthcare (formerly Afrox Healthcare) for the first time, contributing significantly to profits after accounting for financing costs and deal expenses. With more shares in issue net asset value moved to 139.6c per share (156.2c).



Prospects

Brimstone has built a successful company on the back of deal flow and astute management of its underlying investments. During the financial period under review a number of deals that were initiated during 2004 were brought to successful fruition, which the directors of Brimstone are confident will be to the ultimate benefit of Brimstone shareholders, its business partners and employees.
21 Jun 2005 08:06:23
(Official Notice)
Brimstone raised R110 083 771 through the subscription by Rand Merchant Bank for 100 076 155 Brimstone `N` ordinary shares issued in terms of the claw-back offer (`offer shares`) at 110c per offer share. Brimstone shareholders had the right to acquire 75 offer shares for every 100 Brimstone ordinary shares or `N` ordinary shares held from RMB, details of which were set out in the circular to Brimstone shareholders dated 30 May 2005.



The results of offer shares of the claw-back offer which closed at 12:00 on 17 June 2005 are as follows:



*RMB subscription -- 100 076 155 (100%)

*Offer shares applied for in terms of the claw-back offer -- 94 116 889 (94%)

*Offer shares retained by RMB -- 5 959 266 (6%)



Salient date :

*On Monday 20 June 2005: dematerialised shareholders will have their safe custody accounts credited with the offer shares subscribed for in terms of the claw-back offer; and

*share certificates in respect of the offer shares subscribed for in terms of the claw-back offer by certificated shareholders will be posted to shareholders.
15 Jun 2005 11:37:26
(Media Comment)
Monatic Clothing, a subsidiary of Brimstone, has agreed to continue production at Rex Trueform`s Salt River factory from January 2006. Business Day noted that the agreement could save about 200 to 500 jobs at the factory.
07-Aug-2018
(X)
Brimstone is a black controlled and managed investment holding company incorporated and domiciled in the Republic of South Africa, employing in excess of 3 000 employees in its subsidiaries and more than 24 000 in its associates and companies in which it has invested. Brimstone seeks to achieve above average returns for its shareholders by investing in wealth creating businesses and entering into strategic alliances to which it contributes capital, innovative ideas, management expertise, impeccable empowerment credentials and a values driven corporate identity.


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