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30-Aug-2018
(C)
Revenue for the year was 1.1% lower at R6.3 billion (2017: R6.4 billion). Net profit from operations decreased to R395.5 million (2017: R437.7 million). Profit attributable to owners of the parent lowered to R386.4 million (2017: R444.7 million). In addition, headline earnings per share dropped by 5.7% to 109 cents per share (2017: 115.6 cents per share).



Dividends

The board has declared a dividend of 60 cents (2017: 70 cents) per ordinary share (gross) and a preference dividend of 490 cents per share (gross) for the year ending 30 June 2018.



Company prospects

It does not appear that the economy is set for any meaningful growth in the new year, but the group is in a strong position to exploit any growth prospects which may emerge. The group will continue to manage the existing businesses tightly and also seek to capitalise on any acquisition opportunities that may present themselves.
22-Feb-2018
(C)
Revenue for the interim period was 4% lower at R3.4 billion (2016: R3.5 billion). Net profit from operations decreased by 14.7% to R238.9 million (2016: R280.2 million). Profit attributable to owners of the parent dropped to R219.3 million (2016: R265 million). Furthermore, headline earnings per share dropped by 14% to 57.3 cents per share (2016: 66.6 cents per share).



Company prospects

South Africa has lagged the world in terms of growth, with political uncertainty having a profound effect on business and consumers alike. It is anticipated that the new optimism from the recent changes will spark a recovery in our economy. The effects of this will, however, not be felt immediately. In light of this environment the group will take all the necessary steps to contain costs and effect restructures where deemed necessary. In certain markets there has to be consolidation and should these opportunities arise the group is well positioned to act accordingly.

18-Jan-2018
(Official Notice)
Shareholders of Caxton are advised that Mr Navin Sooka has retired as company secretary of the company with effect from 31 January 2018, and Ms Jeff Edwards has been appointed in his stead with effect from 1 February 2018.
07-Dec-2017
(Official Notice)
Shareholders are advised that the company has with effect from Thursday, 7 December 2017, commenced the repurchase programme.



The company may, in accordance with the general authority to repurchase ordinary shares granted to the board of directors at the annual general meeting of the company held on 6 December 2017 (?the AGM?), purchase up to 20% of its issued ordinary share capital (78 072 094 ordinary shares).



The repurchase programme will continue until the close of business on 31 August 2018, which period will include the closed periods in respect of the publication of the company?s interim results for the six months ended 31 December 2017 and the publication of the company?s reviewed results for the year ended 30 June 2018. These results are expected to be released on or about 22 February 2018 and 30 August 2018.



Shares purchased in terms of the repurchase programme will not be purchased at a price greater than 10% above the volume weighted average price per ordinary share of the company over the 5 trading days preceding any particular purchase and will be effected through the order book operated by the JSE. The repurchase programme may be discontinued at any stage during the period concerned and there is no obligation on the company to purchase any shares during the period.

06-Dec-2017
(Official Notice)
Shareholders are advised that all the resolutions contained in the notice convening the AGM were approved by the requisite majorities of shareholders present in person or represented by proxy at the AGM of the company held on Wednesday, 6 December 2017. The company has 395 597 460 ordinary shares in issue.



The attention of shareholders is drawn to the fact that in excess of 25% (27,93%) of the votes in respect of the advisory resolution approving the remuneration policy voted against the resolution. Dissenting shareholders are therefore invited to contact Ms. Julie Naran at the head office of the company, Caxton House, 368 Jan Smuts Avenue, Craighall, Johannesburg (telephone 011-889 0633 or julie.naran@caxton.co.za to arrange a suitable date and time to meet with the chairman of the company to discuss the policy and its implementation.
06-Nov-2017
(Official Notice)
Shareholders are advised that:

- the annual report, incorporating a notice convening the annual general meeting of the company (?the AGM?), was distributed to shareholders on 6 November 2017 and is available on the web-site of the company at www.caxton.co.za. There have been no material changes to the financial information published in the provisional report dated 31 August 2017;

- the AGM will be held at 10:00 am on Wednesday, 6 December 2017 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg;

- the record date for the purposes of determining which shareholders are entitled to vote at the AGM is Friday, 1 December 2017. Accordingly, the last day to trade in order to be eligible to vote at the AGM is Tuesday, 28 November 2017.
31-Aug-2017
(C)
Revenue for the year remained unchanged at R6.4 billion (2016: R6.4 billion). Net profit from operating activities dipped to R437.7 million (2016: R445.6 million). In addition, headline earnings per share was 0.7% lower at 115.6 cents per share (2016: 116.4 cents per share).



Dividends

The board has declared a dividend of 70.0 cents (2016: 70.0 cents) per ordinary share (gross) and a preference dividend of 570.0 cents per share (gross) for the year ending 30 June 2017.



Company prospects

The general state of the economy is not expected to improve in the short-term and this will hamper meaningful organic growth, but does present interesting acquisition opportunities and the possibility of leveraging off our established operational capacity, without significant further investment. The focus will be on running our business with our normal attention to costs and where possible, improving operational efficiencies. The Group is in an enviable position with a strong balance sheet and ample cash reserves to take advantage of any opportunities that arise.

19-Jun-2017
(Official Notice)
African Media Entertainment Ltd ("AME") has lodged an offer to acquire 100% of the issued share capital of Moneyweb, excluding 1 000 000 shares already held by it and 1 197 196 treasury shares in Moneyweb, to be implemented by way of a scheme of arrangement in terms of the Companies Act, 2008 (as amended) ("the scheme").



Caxton holds an interest of 50,72% in Moneyweb and has indicated that it will accept the offer contained in the scheme.The controlling shareholder of Caxton, The Moolman - Coburn Partnership, and its associates, hold 38% of the issued share capital of AME. Caxton and AME are therefore deemed to be related parties in terms of the Listings Requirements of the Johannesburg Stock Exchange ("the Listings Requirements" and "the JSE"). The disposal is categorised as a small related party transaction in terms of the Listings Requirements and accordingly requires confirmation from an independent professional expert approved by the JSE ("the IPE") that the terms of the disposal are fair as far as the shareholders of the company are concerned.



Mazars Corporate Finance Proprietary Limited has been appointed as the IPE and has provided the JSE with written confirmation to the above effect. Its report will lie for inspection at the registered office of the company for a period of 28 days from the date of this announcement.



Details of the disposal

Subject to implementation of the scheme, Caxton will dispose of:50,72% of Moneyweb, to be settled by the issue by AME of 217 372 ordinary shares at an issue price of 7 000 cents per share.



Financial effects of the disposal

The financial effects of the disposal are negligible.
22-Feb-2017
(C)
Revenue for the interim period increased by 5.8% to R3.5 billion (2015: R3.3 billion). Net profit from operating activities rose to R280.2 million (2015: R266.7 million), profit attributable to owners of the parent climbed to R265 million (2015: R244.1 million), while headline earnings per share was 8.8% higher at 66.6 cents per share (2015: 61.2 cents per share).



Prospects

The low growth economic environment which currently besets South Africa is expected to continue and this will hamper meaningful growth in Caxton's traditional markets. This having been said, the group remains in a strong position to take advantage of opportunities that usually arise in difficult times. Caxton will continue to derive benefits from their diversification strategies, as new markets present themselves.
07-Dec-2016
(Official Notice)
Shareholders are advised that all the resolutions contained in the notice convening the AGM were approved by the requisite majorities of shareholders present in person or represented by proxy at the AGM of the company held on 7 December 2016.
23-Nov-2016
(Official Notice)
Shareholders are advised that the company has with effect from Monday, 21 November 2016, commenced the repurchase programme.



The company may, in accordance with the general authority to repurchase ordinary shares granted to the board of directors at the annual general meeting of the company held on 9 December 2015 (?the AGM?), purchase up to 20% of its issued ordinary share capital (79 606 130 ordinary shares). Since the date of the AGM the company has purchased 1 186 780 ordinary shares and it may therefore purchase an additional 78 419 350 ordinary shares in terms of the repurchase programme, subject to the provisions of the Companies Act, 2008 and the Listings Requirements of the Johannesburg Stock Exchange (?the JSE?)



The repurchase programme will continue until the close of business on 31 March 2017, which period will include a closed period in respect of the publication of the company?s interim results for the six months ended 31 December 2016. These results are expected to be released on or about 22 February 2017.



Shares purchased in terms of the repurchase programme will not be purchased at a price greater than 10% above the volume weighted average price per ordinary share of the company over the 5 trading days preceding any particular purchase and will be effected through the order book operated by the JSE.



The repurchase programme may be discontinued at any stage during the period concerned and there is no obligation on the company to purchase any shares during the period.
07-Nov-2016
(Official Notice)
Shareholders are advised that:

- the annual report, incorporating a notice convening the annual general meeting of the company (?the AGM?), was distributed to shareholders on 4 November 2016 and is available on the web- site of the company at www.caxton.co.za. There have been no material changes to the financial information published in the provisional report dated 31 August 2016;

- the AGM will be held at 10:00 am on Wednesday, 7 December 2016 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg;

- the record date for the purposes of determining which shareholders are entitled to vote at the AGM is Friday, 2 December 2016. Accordingly, the last day to trade in order to be eligible to vote at the AGM is Tuesday, 29 November 2016.
31-Aug-2016
(C)
Revenue for the year was 2.3% higher at R6.4 billion (R6.3 billion). Net profit from operating activities lowered to R445.6 million (R455.0 million). Profit attributable to owners rose to R447.6 million (R423.3 million). In addition, headline earnings per share grew by 7% to 116.4 cents per share (108.8 cents per share).



Dividend

The board has declared a dividend of 70.0 cents (65.0 cents) per ordinary share (gross) and a preference dividend of 570.0 cents per share (gross) for the year ending 30 June 2016.



Prospects

The current low growth economic environment is expected to continue for the next reporting period and will hamper any meaningful growth in revenue for the group .The focus will therefore continue to be cost containment, improving underperforming divisions and taking advantage of any acquisitions.
20-May-2016
(Official Notice)
Shareholders of Caxton are advised that Mr. Gordon Utian has resigned as a non-executive director of the company with immediate effect.



23-Feb-2016
(C)
Revenue for the interim period increased slightly by 0.9% to R3.3 billion (2014: R3.3 billion). Profit from operations dropped by 5% to R407.1 million (2014: R428.4 million). Profit attributable to owners of the parent declined to R244.1 million (2014: R256.9 million). Furthermore, headline earnings per share lowered by 6.5% to 61.2 cents per share (2014: 65.4 cents per share).



Prospects

The current difficult trading conditions are expected to worsen in South Africa and become increasingly difficult, impacted by the economy's declining growth prospects and a volatile exchange rate. Against this background it will be difficult to maintain earnings in the medium term, although the group is in an enviable position relative to the market, with a strong balance sheet which will enable it to take advantage of any opportunities that may arise in our sectors, as conditions continue to deteriorate.
09-Dec-2015
(Official Notice)
The board of directors announced the results of the AGM held on Wednesday, 9 December 2015.



All the resolutions were approved and carried by the requisite majority.
10-Nov-2015
(Official Notice)
Shareholders are advised that:

*the annual report, incorporating a notice convening the annual general meeting of the company (the AGM), was distributed to shareholders on 9 November 2015 and is available on the web-site of the company at www.caxton.co.za. There have been no material changes to the financial information published in the provisional report dated 2 September 2015;

*the AGM will be held at 10:00 am on Wednesday, 9 December 2015 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg;

*the record date for the purposes of determining which shareholders are entitled to vote at the AGM is Friday, 27 November 2015. Accordingly, the last day to trade in order to be eligible to vote at the AGM is Friday, 20 November 2015.
08-Oct-2015
(Official Notice)
Shareholders are advised that all the resolutions contained in the notice convening the General Meeting were approved by the requisite majorities of shareholders present in person or represented by proxy at the General Meeting of the company held on Thursday, 8 October 2015.
09-Sep-2015
(Official Notice)
Shareholders are advised that the circular to shareholders in this regard, which was issued on Friday, 4 September 2015, contains the following errors in paragraph 2 on the front cover:



The general meeting will be held on Thursday, 8 October 2015 and the form of proxy must be returned on or before Tuesday, 6 October 2015 as indicated in the body of the circular and the notice of general meeting included with the circular, and not as indicated on the front cover of the circular.
03-Sep-2015
(C)
Revenue for the year increased by 16.2% to R6.3 billion (2014: R5.4 billion). Profit from operating activities came in 9.8% higher at R757.9 million (2014: R690.2 million), while profit attributable to the owners of the Company lowered to R423.3 million (2014: R426.8 million). Furthermore, headline earnings per share increased by 10.6% to 108.8 cents per share (2014: 98.4 cents per share).



Dividend

The board has declared a dividend of 65,0 cents (2014: 60,0 cents) per ordinary share (gross) and a preference dividend of 530,0 cents per share (gross) for the year ending 30 June 2015.



Prospects

Trading conditions are expected to continue to be difficult especially against the background of limited economic growth. Caxton will continue to implement efficiency plans to compensate for the limited growth environment and also explore further avenues of growth through acquisitions. The current decline in the Rand will result in increases in raw material prices, which will put margins under pressure.
01-Sep-2015
(Official Notice)
Shareholders are referred to the detailed announcement in this regard dated 26 June 2015, and advised that, for technical reasons, the circular referred to in that announcement will be delayed beyond the date of issue (26 August 2015) required in terms of the Listings Requirements of the Johannesburg Stock Exchange (?the JSE?). An application for dispensation from this requirement has been made to the JSE and granted, and the circular will be distributed as soon as possible, but in any event before 4 September 2015.
26-Jun-2015
(Official Notice)
26-Feb-2015
(C)
Revenue for the period increased by 12.4% to R3.3 billion (2013: R2.9 billion). Profit from operating activities grew by 2.3% to R428.4 million (2013: R418.7 million), while profit attributable to owners of the company was higher at R256.9 million (2013: R249 million). Furthermore, headline earnings per share rose by 10.7% to 65cps (2013: 59cps).



Prospects

The business climate is not expected to improve in the second half of the financial year. However, the actions taken over the last year should result in an improvement in earnings.
10-Dec-2014
(Official Notice)
Further to the announcement released on SENS on 12 November 2014, shareholders are advised that at the annual general meeting of the company held on 10 December 2014, convened in terms of the notice of annual general meeting contained in the Annual Report, all the resolutions proposed were passed.
12-Nov-2014
(Official Notice)
Shareholders are advised that:

* the annual report, incorporating a notice convening the annual general meeting of the company ("the AGM"), was distributed to shareholders on 11 November 2014 and is available on the web- site of the company at www.caxton.co.za. There have been no material changes to the financial information published in the provisional report dated 26 August 2014;

* the AGM will be held at 10:00 on Wednesday, 10 December 2014 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg;

* the record date for the purposes of determining which shareholders are entitled to vote at the AGM is Friday, 28 November 2014. Accordingly, the last day to trade in order to be eligible to vote at the AGM is Friday, 21 November 2014.
30-Oct-2014
(Official Notice)
Shareholders of Caxton are advised that Mr Jack Phalane has been appointed as an independent non-executive director of the company with effect from 29 October 2014.
26-Aug-2014
(C)
Turnover for the year increased by 4.5% to R5.4 billion (2013: R5.2 billion). Profit from operating activities fell by 17.6% to R690.2 million (2013: R837.5 million), while profit attributable to the owners of the Company lowered to R426.8 million (2013: R491 million). Furthermore, headline earnings per share dropped by 19.8% to 98.4 cents per share (2013: 122.6 cents per share).



Dividend

The board has declared a dividend of 60 cents (2013: 55 cents) per ordinary share (gross) and a preference dividend of 490 cents per share (gross) for the year ended 30 June 2014.



Prospects

In the volatile business climate which prevails currently, the company is subject to many factors outside its control. Furthermore, the reported woes of the newspaper industry, with declining circulations of paid for daily newspapers, affect printing revenue negatively. The company is fortunate that the local and community newspaper publishing environment has not experienced the same decline. Every effort is being made to remedy the decline of the current year. The company has diversified operations, substantial cash reserves and is well positioned for the future. The packaging division, with the Nampak acquisition, holds future opportunities, after the integration process has been completed.
16-Jul-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on 16 September 2013 advising that Caxton has entered into an agreement in terms of which it will acquire the operating division of Nampak Cartons and Labels in South Africa from Nampak.



Caxton is pleased to announce that Competition Tribunal approval of the transaction has now been received, that all the outstanding conditions precedent to the transaction have accordingly been fulfilled and that the effective date of the transaction will be 1 August 2014.



This acquisition reflects the increasing strategic importance of the packaging divisions within Caxton. The turnover from these divisions has increased from around R677m (2012) to R764m (2013) and to R927m (2014). This acquisition will afford Caxton an even greater opportunity to expand its packaging offerings and to benefit from economies of scale. As a result of the acquisition, packaging turnover for the following year is expected to exceed R2 billion.
29-May-2014
(Official Notice)
Shareholders are referred to the director's dealings in shares announcement released on SENS on 28 May 2014 and are advised that the announcement contained a typographical error and that the trade reported as having taken place on 23 May 2014 in fact took place on 27 May 2014. All other information contained in the announcement is correct.
07-Apr-2014
(Official Notice)
Shareholders were advised that after more than 18 years of service to the Company, Mr Gordian Utian has retired as Managing Director of Caxton. Mr Utian's responsibilities have been assumed by Mr Terry Moolman, the Group CEO, Mr Piet Greyling, the Group Deputy Managing Director and Mr Tim Holden, the Group Financial Director. Mr Utian will remain as a director on the board of Caxton, in a non-executive capacity.
26-Feb-2014
(Official Notice)
Shareholders are referred to the announcements posted on the website of ElementOne Limited (ElementOne) (www.elementone.co.za) dated 29 November 2013, 12 December 2013, 15 January 2014, 29 January 2014 and 7 February 2014, as well as to the circular posted to ElementOne shareholders, and published on the ElementOne website, on 12 December 2013 relating to the offer by Main Street 1132 Proprietary Limited (BidCo) to acquire all of the ordinary shares in ElementOne by way of a scheme of arrangement (the ElementOne Scheme) in terms of section 114 of the Companies Act, No. 71 of 2008 (the Act). The ElementOne Scheme was implemented on 25 February 2014 and, together with the related restructuring of ElementOne?s shareholding in the Company, has resulted in a number of changes to the shareholding in the Company.



As a consequence of the Company's shareholding in ElementOne prior to the implementation of the ElementOne Scheme, the Company has received 27,220,572 of its own shares as consideration for its shares in ElementOne. In terms of section 35(5)(a) of the Act, these shares will be treated as shares that have been authorised but not issued (the Cancellation). Application will be made to the JSE for the delisting of these shares in the Company.



Pursuant to the implementation of the ElementOne Scheme, the Company has received notification in accordance with section 122(3)(b) of the Act and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are hereby advised that the Company has received a formal notification in the prescribed form that:

*ElementOne has disposed of its entire shareholding in the Company;

*Caxton Limited has disposed of its entire shareholding in the Company;

*BidCo has acquired an interest in the ordinary shares of the Company such that the total interest in the securities of the Company held by BidCo amounts to 41.91% of the ordinary shares in the Company (after accounting for the reduction in total issued shares per paragraph above).

19-Feb-2014
(C)
Turnover for the interim period increased by 7% to R2.9 billion (2012: R2.7 billion). Net loss from operating activities came in at R107.5 million (2012: profit of R315.4 million), while total comprehensive income for the period attributable to owners of the company weakened to R249 million (2012: R265.7 million). Furthermore, headline earnings per share lowered by 5.4% to 59.1cps (2012: 62.5cps).



Prospects

The new year has started on an unhappy note. As is well documented, consumers are reeling under the strain of the cost of living which in reality is going to worsen. Inflation is expected to increase as a result of the huge fall in the value of the Rand and increased fuel costs and other costs are adding to the their burden. Interest rates have increased for the first time in many years and further increases can be expected. The company remains financially sound with cash and cash equivalents at R1.768 billion and will weather the present difficult trading conditions. In these circumstances it is not possible to plan for or anticipate any growth in earnings.
14-Jan-2014
(Official Notice)
Further to the circular posted to shareholders on 12 December 2013 and the announcement released on the Stock Exchange News Service of the JSE Ltd. on the same day, shareholders are advised that at the general meeting of shareholders held today, 14 January 2014, the special resolution proposed at the meeting (in terms of which Caxton will repurchase 44,395,861 of its own ordinary shares held by Caxton Share Investments (Pty) Ltd. and Caxton Publishers and Printers Ltd., two wholly owned subsidiaries of Caxton) was approved by the requisite majority of votes.
12-Dec-2013
(Official Notice)
06-Dec-2013
(Official Notice)
Shareholders are advised that all the resolutions proposed at the AGM of Caxton held on Friday, 6 December 2013 were passed by the requisite majorities of shareholders present in person or represented by proxy.
12-Nov-2013
(Official Notice)
Shareholders are advised that:

*the annual report, incorporating a notice convening the annual general meeting of the company ("the AGM"), was posted to shareholders on 11 November 2013 and is available on the web-site of the company at www.caxton.co.za. There have been no material changes to the financial information published in the provisional report dated 28 August 2013.

*the AGM will be held at 10:00 on Friday, 6 December 2013 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg.
16-Sep-2013
(Official Notice)
Shareholders were advised that Caxton has entered into an agreement in terms of which it will acquire the operating division of Nampak Cartons and Labels Division South Africa subject to normal conditions precedent, common to these transactions, including regulatory approval. The acquisition constitutes less than a Category 2 transaction in terms of the Listings Requirements of the Johannesburg Stock Exchange.
30-Aug-2013
(Official Notice)
Shareholders are advised that Caxton has entered into an unconditional agreement in terms of which it will dispose of 7 500 ordinary shares (15% of the issued share capital) in Pearson Holdings Southern Africa (Proprietary) Limited ("PHSA") to Longman Group (Overseas Holdings) Ltd ("Longman"), the holding company of PHSA.



Rationale for the disposal

In 2009 Caxton disposed of 35% of its 50% shareholding in PHSA ("the initial disposal") to Longman. The agreement entered into on or about 22 October 2008 governing the initial disposal contained put and call options on the remaining shareholding of 15% ("the residual shareholding") and the company has now exercised its option to dispose of the investment.



Details of the disposal

*Caxton will dispose of the residual shareholding to Longman for R703,3 million in cash, payable on delivery of the share certificates evidencing the residual shareholding to Longman. The fair value of the residual shareholding is R353.2 million.

*The agreement governing the disposal contains limited warranties that are usually found in agreements regarding transactions of this nature.

*The proceeds of the disposal will be added to the existing cash reserves of the company.



Financial effects of the disposal

The table below sets out the pro forma financial effects of the disposal on the headline earnings and earnings and net asset value per share in Caxton, based on the published audited results of the company for the financial year ended on 30 June 2013, as if the disposal had been implemented on 1 July 2012. The financial effects are the responsibility of the directors of the company, are prepared for illustrative purposes only and, because of their nature, may not fairly present the financial position of the company, changes in its equity or the results of its operations or cash flows after the disposal.
28-Aug-2013
(C)
Turnover for the year ended 30 June 2013 jumped by 7% to R5.2 billion (2012: R4.8 billion). Profit from operating activities was higher by 12.2% to R837.5 million (2012: R746.6 million),and profit attributable to owners of the company rose to R491 million (2012: R436.9 million). Furthermore, headline earnings per share rose by 11.7% to 122.6cps (2012: 109.8cps).



Dividend

The board has declared a dividend of 55 cents per ordinary share and a preference dividend of 450 cents per share for the year ending 30 June 2013.



Prospects

The company has achieved good results in a difficult economic environment which brought about adverse trading conditions. Whilst the global and local economy is not expected to improve in the short term, the company is nevertheless budgeting for a modest improvement in earnings.
20-Feb-2013
(C)
Turnover increased to R2.8 billion (December 2011: R2.6 billion). Profit from operations increased to R434.1 million (December 2011: R399.1 million). Net attributable profit dropped to R265.7 million (December 2011: R236 million). Headline earnings per share were up to 62.5cps (December 2011: 56.4cps).



Prospects

The company has, in a difficult period in South Africa and Internationally, produced earnings ahead of its expectation and its competitors for the six months under review. Significant improvements in the global economy are not foreseen at this juncture. The Exchange Rate is an aggravating factor as most commentators appear to be bearish on the Rand going forward and a number of downgrades by the rating agencies have occurred. The company imports most of its raw materials, equipment and spares from European countries and a deteriorating currency influences profitability. However, a number of initiatives undertaken in the past, and the finalisation of the installation of plant in the Johannesburg newspaper factory, should help to achieve a similar improvement in earnings for the second half of the financial year.
04-Dec-2012
(Official Notice)
Shareholders are advised that all the resolutions proposed at the AGM of Caxton held on Tuesday, 4 December 2012 were passed by the requisite majorities of shareholders.
02-Nov-2012
(Official Notice)
The annual report, incorporating a notice convening the annual general meeting of the company ("the AGM"), was posted to shareholders on 1 November 2012 and is available on the web-site of the company at www.caxton.co.za. There have been no significant changes to the financial. The annual general meeting will be held at 10:00 on Tuesday, 4 December 2012 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg.
29-Aug-2012
(C)
Turnover for the year ended 30 June 2012 jumped by 11% to R4.8 billion (2011: R4.3 billion). Profit form operating activities was slightly higher by 1.6% to R746.6 million (2011: R734.8 million), but profit attributable to owners of the company fell to R436.9 million (2011: R463 million). Furthermore, headline earnings per share rose by 3.3% to 109.75cps (2011: 106.2cps).



Dividend

The board has declared a dividend of 50.0cps and a preference dividend of 410.0cpps for the year ended 30 June 2012.



Prospects

The uncertain direction of global economies will undoubtedly continue to affect South Africa. The investment being made into digital products, together with the new printing contracts entered into, presents the company with a number of opportunities and challenges. A modest improvement in earnings in the forthcoming year should nevertheless be achievable.
20-Feb-2012
(C)
Turnover increased to R2.6 billion (December 2010: R2.4 billion). Profit from operations increased marginally to R399.1 million (December 2010: R396 million). Net attributable profit dropped to R236 million (December 2010: R272.7 million). Headline earnings per share were down to 56.4cps (December 2010: 63.7cps).



Prospects

Economic conditions world-wide can only be described as fragile and media globally is experiencing changing conditions and new challenges. Print media, in particular, is having to deal with the migration to digital products and technologies, and lower advertising revenues. Judging by the performance of our peers, the company has performed creditably, albeit at a slightly lower level of profitability. This situation is likely to continue for the remainder of the financial year.
12-Dec-2011
(Official Notice)
Shareholders are advised that all the resolutions proposed at the AGM of Caxton held on Friday, 9 December 2011 were passed by the requisite majorities of shareholders.

08-Nov-2011
(Official Notice)
Shareholders are advised that:

*the annual report, incorporating a notice convening the annual general meeting of the company ("the AGM"), was posted to shareholders on 4 November 2011 and is available on the web-sites of the company at www.caxton.co.za. There have been no material changes to the financial information published in the provisional report dated 8 September 2011;

*the annual general meeting will be held at 10:00 on Friday, 9 December 2011 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg.
28-Sep-2011
(Official Notice)
09-Sep-2011
(Official Notice)
Shareholders of Caxton are advised that Tania Slabbert has been appointed as a director of the company with effect from 7 September 2011.
08-Sep-2011
(C)
Turnover for the year ended June 2011 was higher at R4.3 billion (2010: R4.1 billion). Net profit from operating activities increased to R522.6 million (2010: R458.4 million), while net attributable profit to owners of the company rose to R463 million (2010: R354.1 million). Furthermore, headline earnings per share increased to 106.2cps (2010: 76.1cps) .



Dividend

The board has declared a dividend of 40cps (2010: 40cps) per share payable to ordinary shareholders and a preference dividend of 357cps (2010: 357cps) to preference shareholders.



Prospects

The economy appears to once again be entering a volatile period with little or no growth being predicted by a range of economists. The level of employment continues to decline and there has been a deterioration in consumer confidence. In addition, the migration to digital products is reducing advertising spent on print. In these circumstances, any earnings growth is likely to be modest.
15-Aug-2011
(Official Notice)
Shareholders are advised that Caxton is currently finalising its results for the year ended 30 June 2011 and expects that headline earnings per share for the year will be between 30% and 40% higher than those for the prior year, while earnings per share for the year are expected to be between 30% and 40% higher than those for the prior year. The prior year however included a loss on currency hedges of R157.2 million. Adjusting for this loss, earnings and headline earnings per share are expected to be less than 10 % higher than those for the prior year. The company's results for the year ended 30 June 2011 are expected to be published on SENS on or about 7 September 2011.
16-Feb-2011
(C)
Turnover increased to R2.4 billion (R2.2 billion) for the six months to 31 December 2010. Operating profit rose to R306.6 million (R253.6 million). Net attributable profit improved to R272.7 million (R253.3 million). Earnings per share at 58.8c (54.4cps) were up by 8.2% and headline earnings per share were 63.7c, a satisfactory improvement of 15.9% on the previous period of 55cps.



Director resignation

Mr Trevor Gatefield, who has been a director of the company for many years, and who is resident overseas, has decided to retire from the board of directors.



Prospects

The company has met the objectives set at the end of the previous financial year and achieved growth in earnings ahead of inflation. Subject to no unforeseen negative economic circumstances, similar results should be achieved for the financial year.
11-Jan-2011
(Official Notice)
Shareholders are referred to the announcement dated 18 November 2010 regarding the formation of a voting pool and the offer which was incorporated in a circular dated 10 December 2010. The offer closed on Friday, 7 January 2011 and was accepted in respect of 127 317 ordinary shares in MoneyWeb, comprising 0,26% of the shares in respect of which the offer was made.



As a result of such acceptances, the voting pool controlled 58 278 028 ordinary shares in MoneyWeb, which is 54,21% of its issued share capital. In addition, and as announced on SENS on Monday, 10 January 2011, Caxton has acquired 15 549 738 additional shares in the company outside the offer on substantially the same terms and conditions and the same price as for the offer, and such purchase results in the voting pool holding in aggregate 73 827 766 ordinary shares in MoneyWeb, which is 68,50% of its issued share capital.

14 Dec 2010 14:25:27
(Official Notice)
Shareholders were referred to the SENS announcement released on 19 November 2010 advising shareholders that Caxton, as a result of it entering into a voting pool agreement with various other shareholders of Moneyweb Holdings Ltd ("Moneyweb"), as set out in the said announcement, are required to extend an offer to the other shareholders of Moneyweb in terms of the Securities Regulation Code on Take-Overs and Mergers and the Rules of the Securities Regulation Panel. On 13 December 2010, Caxton posted a circular to Moneyweb shareholders providing further information on the offer and containing, inter alia, a form of acceptance and surrender ("the offer document"). The offer document also incorporates the views of the independent Moneyweb board of directors on the offer and containing the substance of the advice to the Moneyweb board by its external advisor, BDO South Africa Advisory Services (Pty) Ltd. Shareholders are advised to read the offer document in its entirety before accepting the offer. Moneyweb shareholders are further advised that the offer closes at 12:00 on Friday, 7 January 2011. The salient dates of the offer are as follows:

*Opening date of the offer (09:00) -- 10 December 2010

*Last date to trade in Moneyweb shares to be eligible for the offer -- 31 December 2010

*Closing date of the offer (12:00) -- 7 January 2011

*Record date to be eligible for the offer -- 7 January 2011

*Results of the offer released on Sens -- 10 January 2011

*CSDP/Broker accounts updated with the offer consideration in respect of dematerialized shareholders within five days of receipt by the transfer secretaries of the valid acceptances of the offer

*Cheques to be posted to certificated shareholders who have accepted the offer and submitted their documents of title within five days of receipt by the transfer secretaries of the valid acceptances of the offer

Share certificates my not be dematerialised or rematerialised between Monday 3 January 2011 and Friday 7 January 2011, both days inclusive.
08 Dec 2010 09:10:01
(Official Notice)
Shareholders of the company are advised that Mr F T Gatefield, a long-standing member of the board of Caxton, effectively retired as a director of the company at the annual general meeting of the company held on 3 December 2010.
06 Dec 2010 12:43:06
(Official Notice)
Shareholders are advised that all the resolutions proposed at the AGM of Caxton held on Friday, 3 December 2010 were passed by the requisite majorities of shareholders. The special resolution relating to a general authority to repurchase shares in the company will be submitted for registration at the Companies and Intellectual Property Registration Office in due course.
18 Nov 2010 18:05:33
(Official Notice)
Shareholders are advised that an agreement has been entered into between Caxton, which holds 32.87% of the issued share capital of MoneyWeb, various associates of Caxton, which hold 2.20% of the company, and Dr. Andrew Smith (a director of the company), Mvelaphanda Holdings (Pty) Ltd and Isingqi Investment Holdings (Pty) Ltd, who together hold 18.87% of the company, to form a voting pool which will control MoneyWeb with an aggregate shareholding of 53.95% (`the voting pool"). The formation of the voting pool was initiated by Caxton and it will be the largest single shareholder in the voting pool. The acquisition of the ordinary shares in Moneyweb and formation of the voting pool constitutes an affected transaction in terms Rule 8 of the Securities Regulation Code on Takeovers and Mergers issued by the Securities Regulation Panel ("the SRP") and accordingly the voting pool is required to extend a mandatory offer to the minority shareholders of the company. The highest price at which any member of the voting pool acquired its shareholding in the company in the last three months was 68 cents per share and Caxton (on behalf of the voting pool) will therefore extend an offer to the minority shareholders of MoneyWeb to acquire all or any of their shares for 68 cents per share ("the offer"). Fluxmans Attorneys has confirmed to the SRP that Caxton has the cash resources available to fulfil its commitments in terms of the offer should all minority shareholders accept the offer. Caxton's total potential exposure in terms of the offer amounts to R24.5 million. A circular to the shareholders of MoneyWeb (excluding the members of the voting pool) containing the terms and conditions of the offer is being prepared and will, subject to the approval of the SRP and the JSE, be sent to such shareholders in due course ("the circular"). The board of directors of MoneyWeb, excluding the representatives of the voting pool, will appoint an independent advisor to provide it with an opinion on the offer and the text of such opinion will be included in the circular.
10-Nov-2010
(Official Notice)
Shareholders are advised that the annual report, incorporating a notice convening the annual general meeting of the company, was posted to shareholders on 5 November 2010. There are no material changes to the financial information published in the provisional report dated 24 August 2010. The AGM will be held at 10:00 on Friday, 3 December 2010 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg.
24 Aug 2010 16:51:00
(C)
Turnover for the year ended June 2010 was higher at R4.08 billion (2009: R4.02 billion). Net profit from operating activities increased to R458 million (2009: R368 million) , while total comprehensive income attributable to owners of the company fell to R330 million (2009: R1.1 billion) . Furthermore, headline earnings per share decreased to 76.1cps (2009: 102.6cps) .



Dividend

The board declared a dividend of 40 cents (2009: 40 cents) per share payable to ordinary shareholders and a preference dividend of 357 cents (2009: 357 cents) to preference shareholders.



Prospects

The company continues to be dependent on advertising and discretionary consumer spending. Provided that the upward trend, which is currently evident is maintained, a return to growth more or less in line with inflation is predicted.
13 Aug 2010 14:02:03
(Official Notice)
Shareholders are advised that Caxton is currently finalising its results for the year ended 30 June 2010 and expects that headline earnings per share for the year will be between 20% and 25% lower than those for the prior year. Earnings per share for the year are expected to be between 60% and 65% lower than those for the prior year, as the prior year included a surplus of R477.1 million due to the disposal of shares in Maskew Miller Longman Holdings (Proprietary) Limited. The financial information on which this trading statement is based has not as yet been reviewed and reported on by the company`s auditors. The company`s results for the year ended 30 June 2010 are expected to be published on SENS on or about 24 August 2010.
16 Feb 2010 17:28:17
(Official Notice)
The board of directors regrets to announce the resignation of Dr van Zyl Slabbert as a director and chairman of the company with immediate effect. The board is pleased to announce the appointment of Mr Paul Jenkins to the position of chairman with immediate effect.
16 Feb 2010 17:18:20
(C)
Revenue increased from R2 164 million to R2 186 million in 2009. Operating profit decreased to R253.5 million (2008:R268.8 million). Total comprehensive income for the period decreased to R247.1 million (R291.4 million). Headline earnings on a per share basis decreased to 55.0cps (60.60cps).



Dividends per share

No interim dividend was declared for the period under review.



Prospects

There appears to be an increasing number of pointers, both internationally and locally, that would seem to indicate that the severity of the downturn is reducing and that a number of countries are coming out of recession. South Africa followed the world later into recession which could account for why it is taking longer for economic conditions to improve. It is however difficult to look forward with any certainty and a number of worrisome features continue to exist even though Soccer World Cup "Fever" might have an influence on the economy going forward.



It is therefore anticipated that the current lower level of profitability will continue for the balance of the financial year with profitability only improving when economic conditions return to normal.
10 Dec 2009 13:49:24
(Official Notice)
Shareholders are advised that all the resolutions proposed at the AGM of Caxton held on Tuesday, 8 December 2009 were passed by the requisite majorities of shareholders, with the exception of ordinary resolution 3, which relates to the issue of unissued shares in the share capital of the company for cash. The special resolution relating to a general authority to repurchase shares in the company will be submitted for registration at the companies and intellectual property registration office in due course.
09 Dec 2009 09:06:53
(Media Comment)
According to Business Report, ElementOne Ltd's ("Element1's") directors have demanded that the commission paid to Caxton CE Terry Moolman, his long-term business partner and some directors and representatives be scrapped. At Caxton's AGM, the mood was tense when the Element1 directors also asked Caxton to disclose the beneficiaries of its investment share scheme. Moolman, MD Gordon Utian and Chris Booysen are paid a combined 2.5% of the total net advertising revenue each year as commission. This agreement goes back to Caxton's founding in 1977. Element1 has questioned the rationale for continuing to pay the commission.
16 Nov 2009 14:30:11
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 30 June 2009 were posted to shareholders and that the annual financial statements contain no modifications to the reviewed results which were published on 9 September 2009. The annual financial statements were audited by PKF (JHB) Incorporated and their report is available for inspection at the registered office of the company. Shareholders are advised that the annual general meeting of the company will be held at 10:00 am on Tuesday, 8 December 2009 in the boardroom at Caxton House, 368 Jan Smuts Avenue, Craighall Park, Johannesburg, for the purpose of conducting the business as stated in the notice of annual general meeting included in and forming part of the 2009 Annual Report.
21 Feb 2008 07:35:54
(Media Comment)
Business Day reported that Caxton has put aside R300 million for capacity-building projects, despite prior statements about slower advertising spend. Caxton would spend the money on bulking up printing plants and expanding its newspaper production facility in Johannesburg.
19 Feb 2008 16:26:20
(C)
28 Jan 2008 08:35:31
(Media Comment)
According to Business Report, the competition tribunal has called Caxton's intervention into the 2007 hearings into Naspers Ltd's acquisition of 38% of M-Net/SuperSport as pointless and totally lacking in substance. Tribunal chairman David Lewis said that although the tribunal did not award costs against Caxton, "... this comes as close to a bad intervention as we are prepared to admit".
07 Nov 2007 18:14:51
(Official Notice)
All resolutions proposed at the AGM of Caxton held on Wednesday, 7 November 2007, were passed by the requisite majorities of shareholders. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office in due course.
06 Nov 2007 17:17:57
(Official Notice)
Shareholders are advised that the audited annual financial statements of the company for the year ended 30 June 2007 were posted on Wednesday, 10 October 2007. There has been no change to the reviewed financial results as published on Tuesday, 28 August 2007.



The AGM of the company will be held in the boardroom, Caxton House, 368 Jan Smuts Avenue, Craighall, Johannesburg at 10:30am on Wednesday, 7 November 2007.
23 Oct 2007 16:39:00
(Official Notice)
Shareholders are referred to the results announcement dated 28 August 2007 and are advised that the board has declared the following dividends:

*an ordinary dividend of 50cps; and

*a 6% preference dividend of 12cps and a participating preference dividend of 445cps.

The salient dates of the declaration are as follows:

*last day to trade -- Friday, 30 November 2007

*shares trade ex-dividend -- Monday, 3 December 2007

*record date -- Friday, 7 December 2007

*payment made -- Monday, 10 December 2007

Shares may not be dematerialised / rematerialised between Monday, 3 December 2007 and Friday, 7 December 2007 both days inclusive.
08 Oct 2007 09:49:31
(Media Comment)
According to Business Report, Bloomberg reported that Caxton's request for greater involvement in the competition tribunal hearings relating to Naspers stake in M-Net and SuperSport was rejected. The reason given by the court was that if Caxton was given "open season" to participate, it would not promote "an orderly and expeditious hearing".
28 Aug 2007 14:28:28
(C)
28 Aug 2007 13:03:35
(Official Notice)
Mr ACG Molusi and Mr AN Nemukula have been appointed to the Caxton board, as non-executive directors, with effect from Tuesday, 28 August 2007.
14 May 2007 10:10:53
(Media Comment)
According to Ronnie Morris of Business Report, Collings, a deceased director of Caxton, misappropriated funds to the value of R5.9 million from the group. Collings, a former general manager at Argus Newspapers, died of leukaemia last month, aged 74. An investigation found numerous fraudulent transactions, including the fact that Collings had misappropriated CTP (a sister company of Caxton) funds by having cheques made out to Allan Gray Unit Trusts in investments held in his own name.
12 Apr 2007 08:31:17
(Official Notice)
The company informed shareholders that Mr PC Desai has resigned as a director with immediate effect.
14 Feb 2007 16:58:59
(C)
Turnover increased from R1.863 billion to R2.071 billion which is equivalent to a growth of 11.2%. Depreciation increased to an all time high, by virtue of the new equipment coming on stream, and amounted to R69.5 million - an increase of R19.3 million on the corresponding six months last year. Net finance income, which includes the surplus on the realisation of investments, rose to R61.5 million and associated companies contributed R10.3 million. Profit before taxation increased to R474.1 million from R408.4 million, which is a 16.1% improvement. Taxation, which includes Secondary Tax on Companies, amounted to R142.2 million and is inclusive of deferred tax. Minority shareholders absorbed R3.4 million. Earnings attributable to shareholders amounted to R328.4 million which compares favourably with R283.3 million earned in the comparative period. Earnings per share were 68.3c which is an improvement of 9.2% and diluted earnings per share came to 68.2c. After making the necessary adjustments, headline earnings amounted to 64.0cps which is a growth of 6.1% over the six months to 31 December 2006.



Dividends

No interim dividend has been declared.



Prospects

The results for the period are very much in line with expectations and budgets. A worrying factor at present is to what extent the Reserve Bank will further increase interest rates and what effect this will have on consumer spending. Business confidence appears to be waning and despite the large infrastructural spending by Government, overall economic activity could reduce. It is however anticipated that earnings growth will continue to be moderate and similar to that being reported upon.
01 Nov 2006 16:26:04
(Official Notice)
Shareholders are advised that all resolutions proposed at the AGM of Caxton held on Wednesday, 1 November 2006, were passed by the requisite majorities of shareholders. The special resolution will be submitted for registration in due course.
20 Oct 2006 17:45:52
(Official Notice)
Caxton shareholders are advised that the audited annual financial statements of the company for the year ended 30 June 2006 were posted on Tuesday, 10 October 2006. There has been no change to the reviewed financial results as published on Wednesday, 23 August 2006.

The AGM of the company will be held in the boardroom, Caxton House, 368 Jan Smuts Avenue, Craighall, Johannesburg at 10:00 on Wednesday, 1 November 2006.
16 Oct 2006 11:02:32
(Media Comment)
Caxton is considering placing certain of its non-core assets into a separately listed vehicle in a move to introduce BEE shareholders into the company. The group MD, Gordon Utian said that the move would "encourage the possibility of future diversity of shareholding and an improved focus on the core operation of the company."



Business Report advised that on Friday, 13 October 06, analysts speculated that any separation of operations would see the newspaper and magazine publishing and printing operations hived off from the non-core operations.



23 Aug 2006 16:42:42
(C)
23 Aug 2006 15:19:16
(Official Notice)
Mr C Molusi, a non-executive director, has rendered his resignation and Mr T J W Holden has been appointed to the board as an executive director. These changes are effective immediately.
15 Feb 2006 18:16:54
(C)
Turnover for the six months was R1 863 million (R1 722.7 million), an improvement of 8.1%. Operating profit increased from R362.7 million to R405.9 million. This resulted in the trading margin having increased further, from 17.6% for the year ended 30 June 2005 to 19.1%. Depreciation increased from R42.3 million to R49.3 million which increase is reflective of the continuing investments that have taken place over the past years in fixed assets. This non-cash expense will increase significantly once the new plants presently being erected are brought into operation. The company generated R414.3 million cash from operating activities and cash and cash equivalents at the close of the period amounted to R749.4 million. Income before taxation amounted to R402.6 million which compares to R365.4 million in the previous financial period. Earnings per share amounted to 62.6c (54.2c), up 15.6% while headline earnings grew 10.4% to 59.8cps (54.2cps).



Dividends

No interim dividend has been declared.



Prospects

There is very little doubt that South Africa will continue to prosper over the short term. The Company has spent extensively on new equipment over many years with commensurate success. It has positioned the Company to efficiently cater for the ever increasing demands of its customers in a business where volume growth is being experienced. Furthermore, on completion, there will be for the first time sufficient capacity available during peak seasonal periods. Not only have the commercial printing plants been upgraded but, in addition, all the newspaper printing facilities, not only in the major metropolitan areas but also in all the smaller outlying areas have been extensively modernised. This augurs well for the future as the Company will be able to cater for the present market and be in a position to take on large publications as the opportunities presents themselves. Further major capital expenditure for the next two to three years will therefore not be necessary subject however to the requirements of our customers.
04 Nov 2005 15:11:35
(Official Notice)
Shareholders are advised that all resolutions proposed at the AGM of Caxton held on Friday, 4 November 2005, were passed by the requisite majorities of shareholders. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office in due course. Shareholders are also referred to the circular dated 14 October 2005 and are advised that at the general meeting of the company held on Friday, 4 November 2005, the ordinary resolutions relating to the creation and implementation of the equity-based incentive scheme were approved by requisite majorities of shareholders.
27 Oct 2005 11:12:43
(Official Notice)
Shareholders are advised that the audited Annual Financial Statements of the company for the year ended 30 June 2005 were posted on Thursday, 13 October 2005. There has been no change to the reviewed financial results as published on Tuesday, 30 August 2005. The AGM of the company will be held on Friday, 4 November 2005.
30 Aug 2005 17:54:05
(C)
Turnover increased to R3.2bn (R2.9bn) and net income to shareholders climbed to R433m (R334m) for the period. Earnings per share and headline earnings rose to 96cps (73cps) and 94cps (75cps) respectively. A dividend of 40cps (35cps) has been declared for the period.



Prospects

The company has spent aggressively on new equipment and is in a good position to process its customer`s increasing requirements which are anticipated to become more demanding. Subject to the economy remaining on track for continued growth, results for the forthcoming year should show further growth slightly ahead of inflation.
04 Aug 2005 15:11:30
(Official Notice)
Caxton is expecting an increase of between 25% and 35% in both earnings per share and in headline earnings per share for the financial year ended 30 June 2005 compared to that of the previous financial year. The year end results announcement is expected to be published on or about 31 August 2005.
07-Feb-2018
(X)
Caxton and CTP Publishers and Printers Ltd. is a major publisher and printer of books, magazines, newspapers and commercial print and manufacturer of packaging and labels.


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