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01-Jun-2018
(Official Notice)
CMH advised that, following a meeting of the Board held on 31 May 2018, the following changes to directors? functions have been effected:

* JTM Edwards (independent, non-executive) retired as a director and as Chairman of the Board.

* JS Dixon (independent, non-executive director) was appointed Chairman of the Board. He has resigned as Chairman of the Audit and Risk Assessment Committee (?Audit committee?) and been appointed a member of the Remuneration Committee (?Remco?).



At the annual general meeting of CMH held on 31 May 2018, shareholders approved the appointment of ME Jones (non-executive, independent) as Chairman of the Audit committee and JA Mabena as a member of the Audit committee. The Audit committee now comprises ME Jones (non-executive, independent)(Chairman), JA Mabena(non-executive, independent) and MR Nkadimeng (non-executive, independent).



The Remco of CMH now comprises LCZ Cele (non-executive, independent)(Chairman), JS Dixon (non-executive, independent) and JA Mabena (non-executive, independent).



The Social, ethics and transformation committee remains unchanged and comprises LCZ Cele (non-executive, independent)(Chairman),JA Mabena (non-executive, independent), JD McIntosh (executive) and BWJ Barritt (executive).



All changes are effective 31 May 2018.
01-Jun-2018
(Official Notice)
The Annual General Meeting ("AGM") of CMH shareholders was held at 15:00 on Thursday, 31 May 2018.



The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. Shareholders are advised that all resolutions were duly approved by the requisite majority of votes.
30-May-2018
(Official Notice)
Notice is hereby given that the Company?s annual compliance report, for the financial year ended 28 February 2018, has been submitted to the Broad- Based Black Economic Empowerment Commission in terms of section 13G(2) of the Act and is available on the Company?s website (www.cmh.co.za).



Shareholders are further advised that CMH?s operations are conducted through its subsidiary, CMH Holdings (Pty) Ltd., whose BEE certificate is also published on the website.
03-May-2018
(Official Notice)
Shareholders were advised that the integrated annual report for the year ended 28 February 2018 is available on the Company?s website at www.cmh.co.za and is due to be posted to shareholders on 3 May 2018. The integrated annual report contains no modifications to the preliminary results which were published on 17 April 2018.



Notice was given that the Annual General Meeting of the Company will be held at 1 Wilton Crescent, Umhlanga Ridge on Thursday, 31 May 2018, at 15h00, to transact business as stated in the Notice of the Annual General Meeting, issued together with the integrated annual report.
17-Apr-2018
(C)
03-Apr-2018
(Official Notice)
The board of directors of CMH announced that John Edwards has advised that he will be retiring as director and chairman of CMH with effect from 31 May 2018.



Edwards has served as a non-executive director since 2002, and has been a member and chairman, of numerous Board committees and was appointed chairman in 2013. Chief Executive Officer, Jebb McIntosh, paid tribute to John and thanked him for his invaluable contribution over many years. He wished him a long and healthy retirement.



John Edwards will be succeeded by James Dixon, a current independent, non-executive director, and chairman of the audit and risk assessment committee. Consequential changes to the various board committees will be announced after the annual general meeting, scheduled for 31 May 2018.
19-Mar-2018
(Official Notice)
CMH advised that a reasonable degree of certainty exists that, for the year ended 28 February 2018:

* Headline earnings per share (?HEPS?) is expected to increase by between 10% and 20%, resulting in a HEPS of between 312.6 cents and 341.0 cents per share as compared with 284.2 cents per share for the comparative period; and

* Earnings per share (?EPS?) is expected to increase by between 20% and 30%, resulting in an EPS of between 316.0 cents and 342.3 cents per share as compared with 263.3 cents per share for the comparative period.



The results for the year ended 28 February 2018 are expected to be published on or about 17 April 2018.
16-Oct-2017
(C)
Revenue for the interim period lowered to R5.1 billion (R5.3 billion) whilst gross profit rose to R849.2 million (R846.7 million). Operating profit was higher at R189.6 million (R164.2 million). Total profit and comprehensive income attributable to equity holders grew to R96.1 million (R71.8 million). Furthermore, headline earnings per share jumped to 128.5 cents per share (116.6 cents per share).



Dividend

A dividend (dividend number 59) of 61 cents per share will be paid on Monday, 18 December 2017 to members reflected in the share register of the company at the close of business on the record date, Friday, 15 December 2017.



Company prospects

It is believed that corruption and lack of political leadership and direction has been, and will continue to be, a significant barrier to the country's sustainable economic and social progress. This scourge substantially undermines public confidence, and retards prospects of delivering inclusive economic growth and, with it, transformation. It discourages long-term foreign investment and diverts scarce public resources that are vital to provide social support, and stimulate job creation and economic growth. Together with the political uncertainty which will continue until the ANC conference in December, and perhaps beyond, these factors will provide serious challenges during the next six months as consumers, and particularly the corporate market, adopt a "wait and see" approach to capital expenditure. On the positive side analysts are predicting a modest increase in national unit sales during the next six months.



The directors believe that the Group will have performed well if it is able to maintain its reported headline earnings growth for the full year to February 2018.
22-Sep-2017
(Official Notice)
CMH hereby advises that a reasonable degree of certainty exists that, for the six months ended 31 August 2017:

? Headline earnings per share (?HEPS?) is expected to increase by between 5% and 15%, resulting in a HEPS of between 122.4 cents and 134.1 cents per share as compared with 116.6 cents per share for the comparative period; and

? Earnings per share (?EPS?) is expected to increase by between 30% and 40%, resulting in an EPS of between 124.8 cents and 134.4 cents per share as compared with 96.0 cents per share for the comparative period.



The results for the six months ended 31 August 2017 are expected to be published on or about 16 October 2017.
01-Jun-2017
(Official Notice)
The Annual General Meeting ("AGM") of CMH shareholders was held at 15:00 on Wednesday, 31 May 2017. The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. Shareholders are advised that all resolutions were duly approved by the requisite majority of votes.
28-Apr-2017
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 28 February 2017 is available on the company?s website at www.cmh.co.za and is due to be posted to shareholders on 28 April 2017. The integrated annual report contains no modifications to the preliminary results which were published on 19 April 2017.



Notice is hereby given that the Annual General Meeting of the company will be held at 1 Wilton Crescent, Umhlanga Ridge on Wednesday, 31 May 2017, at 15h00, to transact business as stated in the Notice of the Annual General Meeting, issued together with the integrated annual report.



The record date in terms of section 59(1)(b) of the Companies Act for shareholders to participate in and vote at the annual general meeting is Friday, 26 May 2017. Accordingly, the last date to trade in the company's shares on the JSE Ltd. in order to be eligible to participate in and vote at this annual general meeting is Tuesday, 23 May 2017.
19-Apr-2017
(C)
18-Oct-2016
(Official Notice)
At the Annual General Meeting of the Company held on 26 May 2016, shareholders authorised the Directors, by way of special resolution, to bind the Company in the provision of direct or indirect financial assistance to a related company. The Board confirms that on 12 October 2016 it authorised the provision by the Company of financial assistance as contemplated in section 45 of the Act, by way of a guarantee in favour of Absa Bank Limited for the obligations of CMH Car Hire Pty Ltd., Datcentre Motors Pty Ltd., Kempster Sedgwick Pty Ltd., Whitehouse Motors Pty Ltd., CMH Green Machine Pty Ltd. and Mandarin Motors Pty Ltd. (?the Subsidiaries?), to Absa Bank Ltd. The guarantee is limited to R469 680 000.



Before passing the above mentioned resolution, the Board was satisfied that:

*immediately after the provision of the financial assistance, the Company will satisfy the ?Solvency and Liquidity Test? as contemplated in section 4 of the Act;

*the terms under which the financial assistance is to be given are fair and reasonable to the Company;

*to the extent that the Company?s constitutional document contains any conditions or restrictions in respect of the granting of the financial assistance, such conditions or restrictions have been or will be satisfied; and

*the provisions of section 45 of the Act have been complied with by the Company.



The Board believes that the Subsidiaries have adequate resources to meet their obligations, and the guarantee will not be invoked. The Board would like to emphasise that the granting of financial assistance by and to companies within the CMH Group is a standard practice that has been consistently applied over many years. CMH will be delivering a copy of this announcement to shareholders recorded in the register on 12 October 2016.
13-Oct-2016
(C)
Revenue from continuing operations lowered to R5.3 billion (R5.5 billion) whilst gross profit increased to R846.7 million (R813.0 million). Operating profit grew to R164.2 million (R147.0 million).Total profit and comprehensive income attributable to equity holders jumped to R71.8 million (R65.3 million). In addition, headline earnings per share from continuing operations rose to 116.6 cents per share (99.2 cents per share).



Dividend

A gross dividend (dividend number 57) of 55 cents per share will be paid on Monday, 19 December 2016 to members reflected in the share register of the company at the close of business on the record date, Thursday, 15 December 2016.



Prospects

The directors do not foresee an improvement in trading conditions during the second half of the financial year. The optimists are speculating that the new vehicle sales levels are bottoming out, and that further year-on-year declines will be limited. It is clear that new vehicle price hikes have made purchases very expensive, despite the marketing incentives offered by manufacturers. On the plus side, the banks are reporting an increase in applications for used vehicle financing. This indicates that consumers are switching from new to used, rather than not investing at all. The Group has a strong used car presence, able to take advantage of the increased demand.



Whilst the directors do not believe that the 19% increase in headline earnings per share is sustainable for the full year, they are confident that the Group will emerge favourably from a difficult trading period.
04-Oct-2016
(Official Notice)
CMH hereby advises that a reasonable degree of certainty exists that, for the six months ended 31 August 2016:

*Headline earnings per share (?HEPS?) is expected to increase by between 15% and 25%, resulting in a HEPS of between 112,9 cents and 122,8 cents per share as compared with 98,2 cents per share for the comparative period; and

*Earnings per share (?EPS?) is expected to increase by between 25% and 35%, resulting in an EPS of between 92,3 cents and 99,6 cents per share as compared with 73,8 cents per share for the comparative period.



This financial information has not been reviewed and reported on by the auditors of CMH. The results for the six months ended 31 August 2016 are expected to be published on or about 13 October 2016.



27-May-2016
(Official Notice)
CMH advises that, following a meeting of the Board held on 26 May 2016, BWJ Barritt, an executive director, was appointed to the Social, Ethics and Transformation Committee of CMH with immediate effect.



The Social, Ethics and Transformation Committee of CMH now comprises LCZ Cele (non-executive, independent)(Chairman), JA Mabena (non-executive, independent), JD McIntosh (Chief Executive Officer) and BWJ Barritt (executive).



27-May-2016
(Official Notice)
The Annual General Meeting ("AGM") of CMH shareholders was held at 15:00 on Thursday, 26 May 2016.



The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. Shareholders are advised that all resolutions were duly approved by the requisite majority of votes as follows:

*Total number of ordinary shares in issue in CMH as at the date of the AGM that could have been voted: 74 801 998

*Total number of issued ordinary shares that were voted in person or by proxy at the AGM : 60 808 399 (which represents 81.3% of the company?s total issued ordinary shares that could have been voted)



28-Apr-2016
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 29 February 2016 were posted to shareholders on 28 April 2016 and contain no modifications to the audited results which were published on 19 April 2016.



Notice of the Annual General Meeting

Notice is hereby given that the annual general meeting of the company will be held at 1 Wilton Crescent, Umhlanga Ridge on Thursday, 26 May 2016, at 15h00, to transact business as stated in the Notice of the Annual General Meeting, issued together with the annual report.



The record date in terms of section 59(1)(b) of the Act for shareholders to participate in and vote at the annual general meeting is Friday, 20 May 2016. Accordingly, the last date to trade in the company's shares on the JSE Ltd in order to be eligible to participate in and vote at this annual general meeting is Friday, 13 May 2016.

25-Apr-2016
(Official Notice)
The Board of Directors announced that Bruce Barritt (?Bruce?) has been appointed an executive director of the Company with effect from 25 April 2016.
19-Apr-2016
(C)
23-Mar-2016
(Official Notice)
CMH advised that a reasonable degree of certainty exists that, for the year ended 29 February 2016:

* Headline earnings per share (?HEPS?) is expected to increase by between 25% and 30%, resulting in a HEPS of between 243.3 cents and 253 cents per share as compared with 194.6 cents per share for the comparative period; and

* Earnings per share (?EPS?) is expected to increase by between 35% and 40%, resulting in an EPS of between 219.6 cents and 227.8 cents per share as compared with 162.7 cents per share for the comparative period.



The results for the year ended 29 February 2016 are expected to be published on or about 19 April 2016.
21-Oct-2015
(C)
Revenue for the interim period came in at R5.5 billion (R5.5 billion). Gross profit rose to R813.0 million (R729.3 million). Operating profit lowered to R147.0 million (R162.5 million). Profit attributable to equity holders decreased to R65.3 million (R81.4 million). In addition, headline earnings per share from continuing operations increased to 99.2 cents per share (92.6 cents per share).



Dividend

A dividend (dividend number 55) of 46,5 cents per share was declared.



Prospects

The directors believe that the trading environment during the second half of the financial year will be tough. Despite manufacturers' attempts to stall the inevitable, Rand weakness must lead to further vehicle price increases. These increases, potential interest rate hikes, and tightening of the bank's lending criteria, all contribute to a deteriorating outlook for new vehicle sales.



On the positive side, an increase in new vehicle prices will create an opportunity in the used car market, an area where the Group has traditionally been strong. The service and parts departments have delivered consistent results and, coupled with expected continued improvement in the car hire and financial services segments, should enable the Group to deliver satisfactory results for the full year.
19-Oct-2015
(Official Notice)
The Board of Directors of CMH announced that MPD (Mark) Conway, an executive director, has tendered his resignation from the Board of CMH, and consequently the Social, Ethics and Transformation Committee, with immediate effect.
14-Oct-2015
(Official Notice)
CMH advises that, following a meeting of the Board held on 13 October 2015, JA Mabena, an independent, non-executive director was appointed to the Social, Ethics and Transformation Committee of CMH with immediate effect.



The Social, Ethics and Transformation Committee of CMH now comprises LCZ Cele (non-executive, independent)(Chairman), JA Mabena (non-executive, independent), JD McIntosh (Chief Executive Officer) and MPD Conway (executive).
06-Aug-2015
(Official Notice)
In terms of a shareholders? agreement between CMH and Thebe Investment Corporation (Pty) Ltd. (?Thebe?), Thebe has the right to nominate two non-executive directors to the board of CMH.



CMH announced that N (Zukie) Siyotula has tendered her resignation as a director with effect from 6 August 2015. Zukie served on the Audit and Risk Assessment and the Social, Ethics and Transformation Committees of CMH.



Thebe has proposed, and the board of CMH has confirmed, the appointment of R (Refiloe) Nkadimeng, effective 6 August 2015, as an independent, non-executive director. In addition, the board has appointed her as a member of the Audit and Risk Assessment Committee. These appointments will be placed before shareholders for approval at CMH?s next annual general meeting, scheduled for May 2016.
06-Jul-2015
(Official Notice)
Further to the announcement of 15 June 2015 which, inter alia, confirmed the implementation of the Share Repurchase and the opening and closing dates thereof, the following is the result of the Share Repurchase which closed at 12:00 on Friday, 3 July 2015.



A total of 23 372 305 shares were tendered by shareholders for repurchase in terms of the Share Repurchase (?Total Tendered Shares?). As the Total Tendered Shares exceeded the maximum of 21 133 000 comprising the Share Repurchase, the number of shares repurchased from each individual shareholder who so tendered has been determined based on the formula as is set out in the circular to shareholders dated 30 April 2015, with the result that each shareholder tendering was satisfied as to between 89.5% and 100.0% of the shares tendered. The percentage varies amongst shareholders because of the rounding of shares to the nearest multiple of 50 shares.



As the Share Repurchase is now completed, a total of 21 133 000 shares will be cancelled as to issued shares and the listing thereof on the JSE terminated with effect from the commencement of trade on the JSE on Tuesday, 7 July 2015.
15-Jun-2015
(Official Notice)
Shareholders of CMH (?Shareholders?) are referred to the announcement dated 28 April 2015, whereby it was announced that the Company intends making the Share Repurchase by means of an offer to all Shareholders to voluntarily tender for repurchase at R11,83 per share in cash (?Share Repurchase Offer Consideration?) all, or a portion only, of their holding of ordinary shares (?Shares?) in the Company (?Share Repurchase Offer?). As further reported in the announcement of 29 May 2015, both resolutions to give effect to the Share Repurchase Offer, as contained in the circular sent to Shareholders dated 30 April 2015 (?the Circular?), were duly approved by the requisite majority of votes.



Conditions Precedent and Finalisation Dates

Shareholders are advised that following the receipt of the compliance certificate from the Takeover Regulation Panel in terms of section 119(4)(b) of the Companies Act No. 71 of 2008 in respect of the Share Repurchase Offer, all outstanding conditions precedent as contained in the Circular have now been fulfilled.



Shareholders are reminded of the remaining important dates and times pertinent to the Share Repurchase Offer:

*Share Repurchase Offer last day to trade in Shares in order to be registered as a Shareholder in the Register of the Company at the Share Repurchase Offer record date: Friday, 26 June

*Shares trade ?ex? the right to participate in the Share Repurchase Offer: Monday, 29 June

*Share Repurchase Offer record date being the date by which a Shareholder must be recorded as such in the Register of the Company in order to be entitled to participate in the Share Repurchase Offer: Friday, 3 July

*Share Repurchase Offer closing date being the date for the closing of the Share Repurchase Offer at: 12:00, on Friday, 3 July

*Share Repurchase Offer payment date being the date for the settling of the Share Repurchase Offer Consideration, on or about: Monday, 6 July

*Expected date for the delisting from the JSE of the Shares repurchased in terms of the Share Repurchase Offer, from the commencement of trading on the JSE, on or about Tuesday, 7 July



Further Announcement

An announcement will be made on or about 6 July 2015 reporting on the results of the Share Repurchase Offer.
29-May-2015
(Official Notice)
Shareholders of CMH (?Shareholders?) are referred to the detailed announcement released on SENS on 28 April 2015 and published in the press on 29 April 2015 as well as the circular to Shareholders dated 30 April 2015 (?Circular?) regarding the share repurchase by CMH of a maximum of 21 133 000 issued shares from Shareholders at a cash price of R11.83 per share on a voluntary pro rata basis (?Share Repurchase Offer?).



Results of the general meeting

Shareholders are advised that at the general meeting of CMH held on Thursday, 28 May 2015 at 16:00 (?General Meeting?), both resolutions to give effect to the Share Repurchase Offer as set out in the notice convening the General Meeting incorporated in the Circular, were duly approved by the requisite majority of votes.



Further announcement

A finalisation announcement confirming the dates pertinent to the Share Repurchase Offer is expected to be made on or about 15 June 2015.
29-May-2015
(Official Notice)
CMH advises that, following a meeting of the Board held on 28 May 2015, the following changes to directors? functions have been effected:

* Mr JTM Edwards (independent, non-executive Chairman) resigned as Chairman of the Remuneration Committee (?Remco?). He will remain a member of the Remco.

* Ms LCZ Cele, was appointed Chairman of the Remco.

* Mr JA Mabena (an independent, non-executive director) was appointed to the Remco.



The Remco of CMH now comprises LCZ Cele (non-executive, independent)(Chairman), JTM Edwards (non-executive, independent) and JA Mabena (non-executive, independent).



At the annual general meeting of CMH held on 28 May 2015, shareholders approved the appointment of Mr ME Jones (non- executive, independent) to the Audit and Risk Assessment Committee.



The Audit and Risk Assessment Committee of CMH now comprises JS Dixon (non-executive, independent)(Chairman), N Siyotula (non-executive, independent) and ME Jones (non-executive, independent).



All changes are effective 28 May 2015.
29-May-2015
(Official Notice)
The Annual General Meeting ("AGM") of CMH shareholders was held at 15:00 on Thursday, 28 May 2015.



The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. Shareholders are advised that all resolutions were duly approved by the requisite majority of votes as follows:

*Total number of ordinary shares in issue in CMH as at the date of the AGM: 95 934 998

*Total number of issued ordinary shares that could have been voted at the AGM (which excludes treasury shares): 95 934 998

*Total number of issued ordinary shares that were voted in person or by proxy at the AGM : 82 981 313(which represents 86.5% of the Company?s total issued ordinary shares as well as 86.5% of the total number of issued ordinary shares that could have been voted)



The special resolutions (where applicable) will be sent to the Companies and Intellectual Property Commission ("CIPC") for filing in due course.
30-Apr-2015
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 28 February 2015 were posted to shareholders on 30 April 2015 and contain no modifications to the audited results which were published on 21 April 2015.



Reminder of notice of the annual general meeting

Notice is hereby given that the Annual General Meeting of the Company will be held at 1 Wilton Crescent, Umhlanga Ridge on Thursday, 28 May 2015, at 15h00, to transact business as stated in the Notice of the Annual General Meeting, issued together with the annual report. The record date in terms of section 59(1)(b) of the Act for shareholders to participate in and vote at the annual general meeting is Friday, 22 May 2015. Accordingly, the last date to trade in the Company's shares on the JSE Limited in order to be eligible to participate in and vote at this annual general meeting is Friday, 15 May 2015.

29-Apr-2015
(Official Notice)
CMH announced that J Alderslade tendered his resignation as an alternate director of the company with effect from 29 April 2015.



J Alderslade was an alternate director to JA Mabena and N Siyotula, being the independent, non-executive directors that serve on the board of CMH in terms of a shareholders? agreement between CMH and Thebe Investment Corporation (Pty) Ltd. (?Thebe?).
28-Apr-2015
(Official Notice)
21-Apr-2015
(Official Notice)
Shareholders are advised that the directors of CMH have proposed a share repurchase on a voluntary pro rata basis of 21 133 000 ordinary shares of no par value ("the Repurchase Shares") in the Company at a price of R11,83 each.



The Company will make an offer to all shareholders to voluntarily submit for repurchase all or a portion of their shareholding. In the event that Shares in excess of the Repurchase Shares are submitted for repurchase, then each shareholder who submits shares for repurchase will be paid pro rata to the number of shares submitted. If submissions total fewer than the Repurchase Shares, then shareholders who have submitted shares for repurchase will be paid in full, and no further shares will be repurchased. The repurchase will be effected using the Group's existing cash resources.



Further details of the proposed repurchase and notice of a meeting of shareholders to seek approval thereof will be contained in a circular which will be sent to shareholders once regulatory approvals have been obtained.



Shareholders are accordingly advised to exercise caution when dealing in the Company's shares until such time as a full announcement is made.
21-Apr-2015
(C)
17-Apr-2015
(Official Notice)
The Board of Directors of CMH announced today that II (Issy) Zimmerman, a non-executive director, has tendered his resignation with effect from 28 May 2015.



The Board of Directors announced today that ME (Mike) Jones has been appointed an independent non-executive director of the Company with effect from 16 April 2015. This appointment will be placed before shareholders for approval at CMH?s next annual general meeting, scheduled for 28 May 2015.
31-Mar-2015
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd., a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the next period to be reported on will show a 20% or more difference from those of the previous corresponding period.



CMH hereby advises that a reasonable degree of certainty exists that, for the year ended 28 February 2015:

*Headline earnings per share (?HEPS?) is expected to increase by between 20% and 30%, resulting in a HEPS of between 188,0 cents and 203,7 cents per share as compared with 156,7 cents per share for the comparative period; and

*Earnings per share (?EPS?) is expected to increase by between 0% and 10%, resulting in an EPS of between 156,8 cents and 172,5 cents per share as compared with 156,8 cents per share for the comparative period.



This financial information has not been reviewed and reported on by the auditors of CMH. The results for the year ended 28 February 2015 are expected to be published on or about 22 April 2015.
22-Oct-2014
(C)
Revenue for the interim period grew to R5.5 billion (R5.4 billion). Gross profit rose to R735.7 million (R709.3 million). Operating profit lowered to R156.9 million (R159.3 million). Profit attributable to equity holders decreased to R81.4 million (R86.2 million). In addition, headline earnings per share increased to 86.7 cents per share (79.1 cents per share).



Dividend

A dividend (dividend number 53) of 32. 5 cents per share will be paid on Monday, 15 December 2014 to members reflected in the share register of the company at the close of business on the record date, Friday, 12 December 2014.



Prospects

After a slow start to the financial year, the Group experienced an improvement during July and August, and the early signs are that this trend will continue. Improved national new vehicle sales in September showed there has been a pickup in business activity, albeit off a relatively low base. Whilst the motor industry expects further price hikes this year, attractive incentive packages, pre-emptive demand and expected stable interest rates should sustain demand. The Group will shortly open six Datsun and four Mazda outlets, all of which will be accommodated within the existing overhead structure. The directors believe the Group will deliver satisfactory results during the next six months.
20-Oct-2014
(Official Notice)
CMH advised that, following a meeting of the Board held on 17 October 2014, Ms LCZ Cele, an independent, non-executive director of CMH, was appointed to the Remuneration Committee with immediate effect. The Remuneration Committee of CMH now comprises JTM Edwards (non-executive, independent)(Chairman) and LCZ Cele (non-executive, independent).
08-Jul-2014
(Official Notice)
The 'board of directors of CMH announced that M (Maldwyn) Zimmerman, a non-executive director, has tendered his resignation with immediate effect.



Zimmerman served as chairman of CMH from its inception in 1976 to October 2013, when he was succeeded by JTM (John) Edwards.



Appointment of director

The board of directors announced that II (Issy) Zimmerman has been appointed a non-executive director of the company with immediate effect. This appointment will be placed before shareholders for approval at CMH's next annual general meeting, scheduled for May 2015.
11-Jun-2014
(Official Notice)
In terms of a shareholders? agreement between CMH and Thebe Investment Corporation (Pty) Ltd (Thebe), Thebe has the right to nominate two non-executive directors to the board of CMH.



CMH announced that D (Dineo) Molefe has tendered her resignation as a director with effect from 17 June 2014. Thebe has proposed the appointment of J (Jerry) Mabena in her stead, effective 17 June 2014. This appointment will be placed before shareholders for approval at CMH?s next annual general meeting, scheduled for May 2015.
30-May-2014
(Official Notice)
The Annual General Meeting ("AGM") of CMH shareholders was held at 15:00 on Thursday, 29 May 2014.



The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. All of the resolutions tabled at the general meeting were duly passed.



The special resolutions (where applicable) will be sent to the Companies and Intellectual Property Commission ("CIPC") for filing in due course.
12-May-2014
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 28 February 2014 were posted to shareholders on 30 April 2014 and contain no modifications to the audited results which were published on 23 April 2014.



Reminder of Notice of the Annual General Meeting

Notice is hereby given that the Annual General Meeting of the company will be held at 1 Wilton Crescent, Umhlanga Ridge on Thursday, 29 May 2014, at 15h00, to transact business as stated in the Notice of the Annual General Meeting, issued together with the annual report.



The record date in terms of section 59(1)(b) of the Act for shareholders to participate in and vote at the annual general meeting is Friday, 23 May 2014. Accordingly, the last date to trade in the company's shares on the JSE Ltd.0 in order to be eligible to participate in and vote at this annual general meeting is Friday, 16 May 2014.
23-Apr-2014
(Official Notice)
Following the release, earlier today, of the results of the Group for the year ended 28 February 2014 the Company has prepared the following reconciliation of headline earnings for the year ended 28 February 2014.



Earnings per share (cents)

*Basic: 156.8 ( 2013:144.5)

*Diluted basic: 154.9 ( 2013:142.4)

*Headline : 156.7 ( 2013: 158.7)

*Diluted headline: 154.8 (2013:156.4)



23-Apr-2014
(C)
Revenue increased to R10.8 billion (R9.8 billion). Gross profit rose to R1.7 billion (R1.6 billion) and operating profit improved to R320.2 million (R289.8 million). Net attributable profit was higher at R169.4 million (R156.8 million). Earnings per share grew to 156.8cps (144.5cps).



Dividend

A gross final ordinary dividend of 50cps has been declared.



Outlook

Recent economic data releases indicate the economy is heading for a period of consolidation and slower economic growth. Real disposable income of the majority of households has not kept pace with inflation, and the anticipated interest rate hikes will only worsen the position. Continued strike action is worrying. Only when the country can develop a stable work force, operating at peak efficiency and with reasonable salary expectations, will companies be able to generate the profits required to foster expansion and further job creation. Resolution of the recent electricity supply disruptions is a priority.



In the retail motor segment, CMH expects negative dealer vehicle sales growth in the year ahead. After a number of years of pleasing growth, CMH expects a period of consolidation. Following the devaluation of the rand it is inevitable that price increases will be effected. A number of relatively significant increases have already been announced and these are expected to continue.



The strategy within the group is to maintain the profit levels of the historically successful operations, and to secure growth by elimination of the loss-makers. The rigorous evaluation of sub- performing branches started during the second half of 2013 and progress has been encouraging. The expected new vehicle price increases will widen the gap between new and used vehicles and create opportunities for growth in that market.



As mentioned earlier, the marine and leisure division is well on the way to recovery, and continued growth is expected from car hire, financial services and parts/workshop departments.



The group has a strong and experienced management team which embraces the challenge of growing earnings in what threatens to be a difficult trading environment.



Annual general meeting

The annual general meeting will be held at 1 Wilton Crescent, Umhlanga Ridge, at 15h00 on Thursday, 29 May 2014.
05-Feb-2014
(Official Notice)
Further to the announcement released by CMH on SENS on Friday, 17 January 2014, regarding the proposed share repurchase by the Company of a maximum of 15 400 000 issued shares from Shareholders at a cash price of R13.00 per share, on a voluntary, pro rata, basis, as well as previous announcements in this regard, it is hereby advised that a total of 44 588 919 shares were tendered by share repurchase offer participants for repurchase ("Total Shares Tendered").



As this number was in excess of the maximum repurchase figure of 15 400 000 shares, the number of shares to be repurchased from each individual shareholder was determined by the formula set out in the Share Repurchase Circular dated 11 November 2013, and equated to 34.5% of the Total Shares Tendered for repurchase. On completion of the apportionment exercise, 15 400 000 issued ordinary shares were delisted from the JSE from commencement of trade this morning and will be cancelled.
30-Jan-2014
(Official Notice)
In terms of a shareholders' agreement between CMH and Thebe Investment Corporation (Pty) Ltd. ("Thebe"), Thebe has the right to nominate two non-executive directors to the board of CMH.



CMH announced that VP (Vusi) Khanyile has tendered his resignation as a director with effect from 31 January 2014.



Thebe has proposed the appointment of N (Zukie) Siyotula in his stead, effective 1 February 2014. This appointment will be placed before shareholders for approval at CMH's next annual general meeting, scheduled for May 2014.
17-Jan-2014
(Official Notice)
10-Dec-2013
(Official Notice)
11-Nov-2013
(Official Notice)
Shareholders of CMH were referred to the CMH interim results for the six months ended 31 August 2013 released on SENS on 15 October 2013 and published in the press on 16 October 2013, wherein, inter alia, it was announced that the Company intends making an offer to all Shareholders ("Share Repurchase Offer Participants") to voluntarily tender for repurchase at R13.00 per share in cash (?Share Repurchase Offer Consideration") all, or a portion only, of their holding of ordinary shares ("Shares") in the Company ("the Share Repurchase Offer").



In accordance with sections 48(8), 114(e) and 115 of the Companies Act, 2008 (Act no. 71 of 2008), in order for the Share Repurchase Offer to be made and implemented, the prior approval of Shareholders in general meeting is required. Accordingly, the circular to Shareholders ("the Circular"), inter alia, contains notice convening a general meeting of the Company to be held on Tuesday, 10 December 2013 (the General Meeting).



Notice of General Meeting and posting of Circular

The Circular, as approved by the JSE and TRP, providing full details of the Share Repurchase and the Share Repurchase Offer, and containing notice convening the General Meeting has today been posted to all Shareholders. The General Meeting will be held at 10:00 on Tuesday, 10 December 2013 in the boardroom at the Company's registered office, 1 Wilton Crescent, Umhlanga Ridge, Durban, South Africa.
15-Oct-2013
(C)
Revenue for the year grew to R5.0 billion (R4.3 billion) and gross profit rose to R689.4 million (R625.1 million). Operating profit jumped to R139.4 million (R80.4 million). Profit attributable to equity holders increased to R86.2 million (R45.5 million). In addition, headline earnings per share were greater at 79.1 cents per share (55.8 cents per share).



Dividend

A gross dividend (dividend number 51) of 28 cents per share for the interim period ended 31 August 2013 will be paid on Tuesday 17 December 2013 to members reflected in the share register of the Company at the close of business on the record date, Friday 13 December 2013.



Prospects

The significantly weaker rand and the prolonged debilitating strikes in the motor and allied industries have placed a dampener on consumer confidence and economic activity levels. Low to moderate vehicle price increases over the past three years have buoyed sales levels. However, the currency pressure has precipitated higher price increases and an adverse impact on sales volumes and margins. For the first time since late 2009, monthly year-on-year total industry vehicle sales have registered a decline.



On the positive side, continued stable and low interest rates, together with extremely competitive offerings, especially in the entry-level segment, are expected to retard a decline in demand. Also, it is expected that an increased gap between new and used car prices will give a much needed boost to the used car market. Management's challenge will be to react quickly to the changing environment and adapt working capital levels to an optimum. The restructured marine and leisure division will benefit from the summer months which fall in the second half of the financial year, and the Group's workshops, parts departments and financial services are expected to continue the steady earnings they have historically achieved.
14-Oct-2013
(Official Notice)
CMH announced that J T M Edwards (CA) SA has been appointed, with effect from Friday, 11 October 2013, as successor to Maldwyn Zimmerman who advised on 19 July 2013 that he would stand down as chairman of the company with effect from the next meeting of directors.
19-Jul-2013
(Official Notice)
CMH announced that Maldwyn Zimmerman had advised that he would stand down as chairman of the company with effect from the next meeting of directors, scheduled for mid-October 2013.



Zimmerman has been at the helm of the CMH Group, first as CEO and later as chairman, since its inception in 1976. He advised that he would remain as a director of the company, but would like to dedicate more time to personal and family interests.



An announcement regarding his successor will be made after the next meeting of directors.
31-May-2013
(Official Notice)
CMH advised that Mr VP Khanyile, an independent, non- executive director who has been a member of the CMH board since 2007, has been appointed to the Remuneration Committee with effect from 1 June 2013.
31-May-2013
(Official Notice)
The Annual General Meeting of CMH shareholders was held at 15:00 on Thursday, 30 May 2013. All ordinary and special resolutions, as specified in the notice of the meeting, were passed by the requisite majority of shareholders.
30-Apr-2013
(Official Notice)
Shareholders were advised that the annual financial statements for the year ended 28 February 2013 have been posted to shareholders and contain no modifications to the audited results which were published on 22 April 2013.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of the company will be held at 1 Wilton Crescent, Umhlanga Ridge on Thursday, 30 May 2013, at 15h00, to transact business as stated in the Notice of the Annual General Meeting, issued together with the annual report.



The record date in terms of section 59(1)(b) of the Act for shareholders to participate in and vote at the annual general meeting is Friday, 24 May 2013. Accordingly, the last date to trade in the company's shares on the JSE Ltd. in order to be eligible to participate in and vote at this annual general meeting is Friday, 17 May 2013.
22-Apr-2013
(C)
Revenue for the year ended 29 February 2013 increased to R9 billion (2012: R8.3 billion). Gross profit rose to R1.6 billion (2012: R1.4 billion), operating profit jumped to R293.7 million (2012: R217.1 million), while profit attributable to equity holders of the company grew to R186.4 million (2012: R131.3 million). Furthermore, headline earnings per share was higher at 183.9cps (2012: 121.4cps).



Dividend

A dividend of 50cps was declared by the board.



Prospects

Forecasts of expectations for the year ahead produce mixed signals. Consumers are experiencing a good deal more stress exacerbated by lower-than-inflation salary increase expectations and exorbitant increases in the cost of basic utilities, food and petrol. Recent instances of illegal and violent strikes have reduced business confidence for both local and offshore investors. The motor industry wage negotiations begin in June and, if not quickly resolved, may result in supply disruptions. In Gauteng, the ill-conceived toll road system will be both a financial burden for motorists and an administrative challenge for the car hire division and local dealerships. The car hire division will need to recoup toll fees from hirers but will not have timeous access to information from SANRAL.



On the positive side, the consensus opinion is that national new vehicle sales will increase 3 - 5% off a relatively high base. Whilst the weakening of the rand will feed through to vehicle price inflation, it is expected that an increased gap between new and used car prices will give a much needed boost to the used car market. The year ahead will be one of slow economic recovery. However, the Group is in a strong position to continue its recent earnings trend and achieve its growth budgets.



Annual general meeting

The annual general meeting will be held at 1 Wilton Crescent, Umhlanga Ridge at 15h00 on Thursday, 30 May 2013.



08-Apr-2013
(Official Notice)
CMH advised that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the year ended 28 February 2013 will be 45% to 55% and 35% to 45% respectively above the previously reported headline earnings per share and earnings per share for the year ended 29 February 2012. The results for the year ended 28 February 2013 are expected to be published on or about 22 April 2013.
16-Oct-2012
(Official Notice)
At the annual general meeting of CMH (the "company") held on 31 May 2012, shareholders authorised the directors, by way of special resolution, to bind the company in the provision of direct or indirect financial assistance to a related company. The board confirms that on 9 October 2012 it passed a resolution in terms of which the company is to provide financial assistance as contemplated in section 45 of the Act, by way of a guarantee in favour of Nedbank Limited for the obligations of CMH Car Hire (Pty) Ltd. ("CMH Car Hire") to Nedbank Ltd. The guarantee is limited to R100 million plus interests and costs.



Before passing the abovementioned resolution, the Board was satisfied that:

* the company satisfied the "Solvency and Liquidity Test" as contemplated in section 4 of the Act; and

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



The board believes that CMH Car Hire has adequate resources to meet its obligations, and the guarantee will not be invoked. The board would like to emphasise that the granting of financial assistance by and to companies within the CMH Group is a standard practice that has been consistently applied over many years.
11-Oct-2012
(C)
Revenue for the interim period jumped 10% to R4.3 billion (R3.9 billion) whilst gross profit shot up 56% to R114.8 million (R73.3 million). Net attributable profit to equity shareholders increased by 89% to R75.6 million (R40.0 million). In addition, headline earnings per share more than doubled to 81.5cps (37.0cps).



Dividend

An interim dividend of 25cps (13.0) was declared.



Prospects

After a relatively positive start to 2012, the economy has been disrupted in recent weeks by strike action in the mining and transport sectors, petrol price increases, and political upheaval in the run up to the November ANC elections. Manufacturers will feel the pressure of the weakening Rand, and the relatively modest vehicle price increases to date may not be sustainable.



Contrasting these factors, the recent fall in interest rates and continued less restrictive borrowing criteria, augur well for the balance of the financial year. Vehicle sales volumes, driven by a surge in the replacement market, have shown resilience and the trend looks set to continue.
26-Sep-2012
(Official Notice)
CMH hereby advises that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the 6 months ended 31 August 2012 will be 115% to 125% and 85% to 95% respectively above the previously reported headline earnings per share and earnings per share for the 6 months ended 31 August 2011.



This financial information has not been reviewed and reported on by the auditors of CMH. The results for the 6 months ended 31 August 2012 are expected to be published on or about 11 October 2012.
31-May-2012
(Official Notice)
The annual general meeting ("AGM") of CMH shareholders was held at 15:00 on Thursday, 31 May 2012. The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. All of the resolutions tabled at the general meeting were duly passed.
07-May-2012
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 29 February 2012 were posted to shareholders on 5 May 2012 and contain no modifications to the reviewed results which were published on 25 April 2012.



Notice of the annual general meeting

Notice is given that the annual general meeting of the company will be held at 1 Wilton Crescent, Umhlanga Ridge on 31 May 2012, at 15h00, to transact business as stated in the notice of the annual general meeting, issued together with the annual report.
25-Apr-2012
(C)
Revenue for the year ended 29 February 2012 increased to R8.3 billion (2011: R7.4 billion). Gross profit rose to R1.4 billion (2011: R1.3 billion), operating profit jumped to R217.1 million (2011: R200 million), while profit attributable to equity holders of the company grew to R131.3 million (2011: R120 million). Furthermore, headline earnings per share was higher at 121.4cps (2011: 111.3cps).



Dividend

A dividend (dividend number 48) of 36cps was declared by the board.



Prospects

The consensus view is that national new and used vehicle sales will show a moderate increase during calendar 2012. If this is accurate, and coupled with stable interest and currency exchange rates, the board is confident that the group will continue its trend of earnings growth. Seeds planted during the current year, particularly the establishment of the MG/Maxus distribution centre and the opening of the retail branch network, were a drain on current year profits and resources. However this investment should provide modest returns in the year ahead, and improvement thereafter. Of concern is the ongoing Middle East conflict and its impact on the domestic petrol price. Locally, the inefficiencies of government and local authorities has resulted in unacceptable and unsustainable increases in electricity tariffs, property rates and toll road fees. All of these have the effect of reducing the buying power of the consumer and retarding economic growth. The group is well-structured in terms of personnel, products and resources, and is ideally positioned to take advantage of the prospects that lie ahead.



Annual general meeting

The annual general meeting will be held at 1 Wilton Crescent, Umhlanga Ridge at 15:00 on Thursday, 31 May 2012.
12-Oct-2011
(C)
Revenue improved by 9% to R3.9 billion (R3.6 billion) and gross profit rose by 2% to R554.2 million (R541.5 million). However, operating profit fell by 10% to R73.3 million (R81.3 million), while total profit attributable to ordinary shareholders of the company also dropped by 4% to R40 million (R41.7 million). In addition, headline earnings per share decreased slightly to 37cps (38.6cps).



Dividend

An ordinary dividend (number 47) of 13cps has been declared and will be paid to shareholders on Monday, 19 December 2011.



Prospects

After a buoyant start to calendar 2011, national new vehicle sales have slowed to the extent that many are predicting reduced growth for the balance of the year. Rising fuel and electricity prices continue to erode disposable incomes, and the proposed tolling system in the Gauteng province will add considerably to motoring costs. On the positive side, the threat of an interest rate hike towards the end of the year appears to have receded, and this will bring relief to potential buyers seeking finance facilities. This month the group will launch the importation and retail distribution of the MG range of vehicles. The models have proved popular in the United Kingdom and will be marketed initially from seven group and five independent dealerships.
14-Sep-2011
(Official Notice)
CMH announces the retirement of Mr MH Shelembe as an independent, non-executive director of the company with immediate effect. Mr Shelembe will be replaced by Ms Dineo Bokaba. Ms Bokaba will serve as an independent, non-executive director of the company with immediate effect.
25-May-2011
(Official Notice)
The annual general meeting ("AGM") of CMH shareholders was held at 12:00 on Wednesday, 25 May 2011. The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. All of the resolutions tabled at the general meeting were duly passed.
03-May-2011
(Official Notice)
Further to CMH's audited preliminary results for the year ended 28 February 2011, published on 19 April 2011, shareholders were advised that the annual report was posted on 3 May 2010. The annual report contains no modifications to the aforementioned published audited preliminary financial information.



Notice of the annual general meeting

The annual general meeting will be held at 1 Wilton Crescent, Umhlanga Ridge at 12h00 on Wednesday, 25 May 2011, to transact business as stated in the notice of the annual general meeting, issued together with the annual report.
20-Apr-2011
(Media Comment)
Business Day highlighted that JSE listed motor dealership and vehicle rental group Combined Motor Holding (CMH) posted impressive full-year result, doubling pre-tax profit last year. The results suggest that CMH could continue to benefit from the booming motor sector this year, which has grown 24% in the first quarter. Stuart Jackson, CMH's financial director, said the company had taken part in "considerable cost-cutting" measures during back times, which the company was benefiting from, now. CMH sited a good choice of solid entry-level car models and the fact that many cars sold during the car boom of 2005-2006, were five years old and due for replacement. The company also cited the gradual improvement in consumer debt levels. In terms of the car hire business, CMH cited firm resale value and low interest rates as reasons for its' outstanding results. Mr Jackson added there were potential headwinds for the company this year, but that he was mostly positive.
19-Apr-2011
(C)
Revenue for the year ended 28 February 2010 increased by 13% to R7.4 billion (2010: R6.5 billion). Gross profit rose by 15% to R1.3 billion (2010: R1.1 billion), and operating profit soared by 85% to R199.9 million (2010: R108.1 million), while profit attributable to equity holders of the company more than doubled to R120 million (2010: R54.4 million). Furthermore, headline earnings per share improved to 111.3cps (2010: 76.7cps).



Dividend

A dividend (dividend number 46) of 30cps was declared.



Prospects

On balance, the group is soundly structured and well positioned in terms of personnel and financial resources. The directors are confident that it will deliver pleasing results next year.
07-Apr-2011
(Official Notice)
CMH advised that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the year ended 28 February 2011 will be 40% to 50% and 115% to 125% respectively above the previously reported headline earnings per share and earnings per share for the year ended 28 February 2010. The results for the year ended 28 February 2011 are expected to be published on or about 19 April 2011.
19 Oct 2010 12:29:57
(C)
Backed by a much-improved performance from its retail motor and car hire divisions, the group achieved pleasing results for the six months to 31 August 2010. Revenue increased by 23% to R3.6 billion (2009: R2.9 billion) which in turn yielded a 14% rise in gross profit to R541.5 million (2009: R473.7 million). Operating profit soared by 133% to R81.3 million (2009: R34.9 million), and profit attributable to equity holders of the company rose by 136% to R41.7 million (2009: R17.6 million). The net result is that the group achieved a 137% improvement in headline earnings per share to 38.6cps (2009: 16.3cps).



Dividend

A dividend of 13cps has been declared for the interim period.



Prospects

Continued improvement, albeit at a lesser rate, is expected during the medium term. The stronger currency has helped retard vehicle price increases, the success of the World Cup has boosted tourism and consumer confidence, and lower interest rates have reduced the burden on over indebted consumers. The group is in a sound financial position, has strong cash generation, and is well-positioned to take advantage of the expected modest improvement in operating conditions.
15 Oct 2010 14:02:06
(Official Notice)
CMH has announced the appointment of JS (James) Dixon as an independent, non- executive director of the company with immediate effect.
23 Sep 2010 07:50:51
(Official Notice)
CMH hereby advises that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the 6 months ended 31 August 2010 will be 130% to 140% above the previously reported headline earnings per share and earnings per share for the 6 months ended 31 August 2009. This financial information has not been reviewed and reported on by the auditors of CMH. The results for the 6 months ended 31 August 2010 are expected to be published on or about 20 October 2010.
28 May 2010 10:54:12
(Official Notice)
Stuart Jackson has resigned as company secretary to CMH with effect from 27 May 2010. Kerrianne Fonseca has been appointed as company secretary to CMH with effect from 27 May 2010.

27 May 2010 16:23:39
(Official Notice)
The Annual General Meeting ("AGM") of CMH shareholders was held at 15:30 on Thursday, 27 May 2010. The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. All of the resolutions tabled at the general meeting were duly passed.
06 May 2010 13:09:06
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 28 February 2010 were posted to shareholders yesterday and contain no modifications to the results which were published on 21 April 2010. Notice is hereby given that the annual general meeting of the company will be held at 1 Wilton Crescent, Umhlanga Ridge on 27 May 2010, at 15h30, to transact business as stated in the notice of the annual general meeting, issued together with the annual report.

21 Apr 2010 12:45:12
(C)
Revenue for the period remained relatively stable but slightly lower at R6.5 billion (2009: R6.8 billion) . Gross profit was higher at R1.1 billion (2009: R1 billion) , while operating profit increased to R108 103 million (2009: R46 378 million) . Income attributable to equity holders of the company rose to R54 439 million (2009: R8 127 million). Headline earnings per share increased to 76.7 cps (2009: 24.6 cps).



Dividend

A dividend of 21 cents per share was declared.



Prospects

The group has budgeted for an 8% increase in vehicle sales volumes. It is expected that the increase will start slowly and accelerate during the latter months. Interest rates are predicted to remain constant throughout the year. Given this scenario we are confident that the group will continue the earnings trend which began during the second half of 2009.
09 Apr 2010 14:26:11
(Official Notice)
CMH advised that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the year ended 28 February 2010 will be 200% to 220% and 550% to 570% respectively above the previously reported headline earnings per share and earnings per share for the year ended 28 February 2009.
01 Mar 2010 11:10:50
(Official Notice)
The board of directors of CMH confirmed that RTAC Nethercott has resigned as a director of the company with effect from 28 February 2010. He remains an employee of the company in a lesser capacity.
15 Dec 2009 09:03:01
(Official Notice)
In terms of the shareholders' agreement between CMH and Thebe Investment Corporation (Pty) Ltd ("Thebe"), Thebe has the right to appoint two directors to the board of CMH. Thebe has advised that one of its nominees, Ms L Gadd, has tendered her resignation as a director of CMH and Thebe has nominated MH (Mpilo) Shelembe in her stead. This resignation and appointment will be effective from 14 December 2009.
23 Nov 2009 12:56:20
(Official Notice)
RTAC ("Ray") Nethercott has announced his intention to resign as a director of the company with effect from 28 February 2010. He will remain an employee of the company in a lesser capacity.

20 Oct 2009 12:31:05
(C)
Revenue decreased by 17% from R3.5 billion to R2.9 billion in 2009.Gross profit decreased by 4% to R473.7 million (2008:R495.1 million) and operating profit increased 20% to R34.8 million (2008:R29.1 million). Profit attributable to ordinary shareholders increased to R17.6 million (R7.5 million). Headline earnings on a per share basis increased to 16.30cps (7.90cps).



Dividends per share

An interim dividend of 6 cps was declared for the period under review.



Prospects

Although the year-on-year decline in new vehicle sales continues, there are indications that the bottom has been reached, and month-on-month levels will trend upwards. Vehicle sales declined 30% during the first nine months of calendar year 2009. However, modest increases were experienced in September. It is anticipated that the lower interest rates and easier bank lending criteria will fuel improved sales levels in the months ahead. Given its low cost structure, such an improvement will have a significant positive impact on group earnings. The group is financially sound, has a good cash generation record and low debt levels.
25 Sep 2009 08:05:15
(Official Notice)
CMH hereby advises that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the 6 months ended 31 August 2009 will be 100% to 110% above the previously reported headline earnings per share and earnings per share for the 6 months ended 31 August 2008.The results for the 6 months ended 31 August 2009 are expected to be published on or about 21 October 2009.
01 Jun 2009 14:37:05
(Official Notice)
The annual general meeting of CMH shareholders was held at 15:30 on Thursday, 28 May 2009.

The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. All of the resolutions tabled at the general meeting were duly passed.
23 Apr 2009 12:42:59
(C)
Dominated by a 25% fall in revenue, primarily as the result of the slump in vehicle sales, operating profit fell 78% to R46.4 million, and attributable headline earnings declined 75% to R26.4 million. The gross margin on revenue increased from 15.0% to 16.7%. Despite the disappointing earnings, the group's balance sheet remains sound, and the cash flow statement records strong cash generation. Interest-bearing debt is a negligible R5 million and the group's current ratio and quick ratio have been constant at 1.3 and 0.4 respectively for a number of years.



Dividend

The directors have recommended that no dividend be paid in respect of the year under review.



Prospects

Whilst it appears that the retail motor market has bottomed, uncertainty surrounds the timing of the upturn. National sales are expected to be down on last year, with the first half being in line with the second half of calendar 2008, and modest growth during the third and fourth quarters. The group's budget predicts little or no volume growth in the retail motor and marine and leisure divisions. Substantial restructuring charges, principally retrenchment and early lease termination costs, have been fully accounted for and will reduce operating costs going forward. Lower interest rates are expected to reduce finance costs. The net result is that a relatively modest increase in sales volumes could yield a substantial bottom line improvement. When this volume growth will materialise is difficult to predict.
09 Apr 2009 10:54:43
(Official Notice)
CMH advises that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the financial year ended 28 February 2009 will be 70% to 75% and 90% to 95% respectively below the previously reported headline earnings per share and earnings per share for the financial year ended 29 February 2008. This financial information has not been reviewed and reported on by the auditors of CMH. The results for the financial year ended 28 February 2009 are expected to be published on or about 23 April 2009.
03 Nov 2008 09:59:34
(Official Notice)
C L (Stoffel) Odendaal has resigned as an executive director and employee of the company with effect from 31 October 2008.
08 Oct 2008 12:00:38
(C)
Revenue declined by 23% to R3.5 billion (R4.6 billion). Operating profit decreased by 72% to R29.1 million (R103.6 million). Net profit attributable to ordinary shareholders slumped by 84% to R8.5 million (R54.3 million). Headline earnings per share fell by 84% to 7.9cps (50.2cps).



Dividend

No interim dividend has been declared.



Prospects

The difficult trading conditions are expected to continue at least until the last quarter of 2009. National new passenger and light commercial vehicle sales, measured on a year-on-year basis, have declined over the past 17 successive months and there appears to be no respite. International markets are depressed and the effects continue to spill over into the domestic economy. The resultant weakening local currency has been exacerbated by the uncertainty following the recent political upheavals and, together, have undermined consumer confidence. The group remains financially sound, with cash resources of R144 million. Net asset and cost reduction programmes have yielded substantial savings and the group is poised to take advantage of the opportunities which arise. The car hire and marine and leisure segments are expected to capitalise on the traditionally improved conditions which the summer months produce.
29 Aug 2008 15:46:17
(Official Notice)
CMH hereby advises that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the 6 months ending 31 August 2008 will be 65% to 85% below the previously reported headline earnings per share and earnings per share for the 6 months ended 31 August 2007. The results for the 6 months ending 31 August 2008 are expected to be published on or about 12 October 2008.
29 May 2008 17:09:17
(Official Notice)
The purpose of the AGM was to consider the resolutions as set out in the CMH notice of AGM. All of the resolutions tabled at the general meeting were duly passed.
07 May 2008 12:55:07
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 29 February 2008 have been posted to shareholders today and contain no modifications to the reviewed results which were published on 16 April 2008.

Notice of the Annual General Meeting

Notice is hereby given that the Annual General Meeting of the Company will be held at 1 Wilton Crescent, Umhlanga Ridge on 29 May 2008, at 15h30, to transact business as stated in the Notice of the Annual General Meeting, issued together with the annual report.
16 Apr 2008 12:26:47
(C)
Revenue declined by 3% to R8.8 billion (R9.1 billion) for the year to 29 February 2008, and gross profit fell slightly to R1.3 billion (R1.4 billion). All segments of the group's business have suffered from lower volumes, squeezed margins and higher operating costs. Operating profit declined 38% to R212.2 million and net profit 42% to R111.9 million. Profit attributable to ordinary shareholders was down by 47% to R98.2 million (R185.7 million). This contributed to a fall of 44% in headline earnings on a per share basis to 97.7cps (174cps).



Dividend

A final ordinary dividend of 28cps has been declared for the twelve month period under review.



Prospects

Economic conditions are not anticipated to improve during the year ahead. National vehicle sales are expected to decline between 7% and 10% on average, with the major fall expected in the first six months. Continuing fuel price increases, possible further increases in interest rates, and the recent electricity crisis have reduced business confidence to its lowest level in seven years. Despite this, the directors believe that the group has "taken its medicine" and, in the absence of further major setbacks in the economic environment, will show a modest, real increase in earnings during the year ahead.
11 Apr 2008 15:14:04
(Official Notice)
CMH hereby advises that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the financial year ended 29 February 2008 will be 40% to 50% below the previously reported headline earnings per share and earnings per share for the financial year ended 28 February 2007. This financial information has not been reviewed and reported on by the auditors of CMH. The results for the financial year ended 29 February 2008 are expected to be published on or about 16 April 2008.
26 Jul 2006 11:52:27
(Official Notice)
The board of Combined Motor Holdings has announced the death of Alec Rogoff, an independent director on the board, on 25 July 2006.
02 Jun 2006 12:43:12
(Official Notice)
Shareholders are advised that, at the annual general meeting of CMH held in Durban yesterday, all the resolutions were passed by the requisite majority of shareholders present and represented by proxy.
24 Apr 2006 12:29:53
(C)
The retail motor division achieved a 42% increase in operating income off a high base with National Car Rental/Alamo increasing revenue by 34% and its operating margin from 12.5% to 12.8%. The marine and leisure division was acquired during October 2005 and the group enjoyed the benefits of five "high" season summer months during the year under review. Revenue from financial services increased 48% to R29.9 million. Revenue rose 52% to R6.76 billion (R4.45 billion) and profit from operations grew 51% to R252.7 million (R167.2 million). The group outlaid R243 million to acquire new operations during the year. The majority of that was spent during October 2005 on the purchase of the Forza Group operations. Earnings and headline earnings rose 44% and 45% to 786.1cps (544.5cps) and 775.6cps (535.6cps) respectively.



Dividend

A dividend of 210c was declared for the period and will be paid on Monday, 19 June 2006.



Prospects

The water world and Monaco Leisure trading outlets are well established and, with the introduction of new products and a concentration on operating efficiencies, this division will make a meaningful contribution in the years ahead. With a full year's contribution from the businesses acquired during the year, the retail motor division is expected to improve further in the year ahead and with a solid and extensive network of outlets, the National Car Rental/Alamo has the capacity to further increase its revenue with little increase in its expense base.
10 Apr 2006 11:32:19
(Official Notice)
A reasonable degree of certainty exists that the headline earnings per share and earnings per share for the financial year ended 28 February 2006 will be 40% to 50% above the previously reported headline earnings per share and earnings per share for the financial year ended 28 February 2005. The results for the financial year ended 28 February 2006 are expected to be published on or about 24 April 2006.
06 Oct 2005 12:02:36
(C)
The continued brake on new vehicle pricing has caused ongoing pressure on used vehicle values and the group has taken a conservative view of inventory stand-in values at the period end. Turnover grew 61% to R2.76bn (R1.73bn) and gross profit rose 54% to R335m (R218m). Headline earnings showed exceptional growth and climbed to 272.4cps (108.5cps). Cash flow controls remained a high priority. The closing balance of cash resources fell below that held at February 2005 because of the payment of a dividend of approximately R30m in June 2005, the early settlement of R35m of interest-bearing car hire creditors, and the additional working capital needed to fund the group's 61% increase in revenue. Approximately R200m of cash resources will be used to finance the acquisition of certain franchise outlets and businesses from Forza (Pty) Ltd, and the acquisition, effective 1 September 2005, of Cape City Volkswagen in Cape Town, the group's first Volkswagen dealership.



An interim dividend of 38cps was declared for the period.
03 Oct 2005 10:34:33
(Official Notice)
Further to the trading announcement released on 8 September 2005, CMH advises that it has completed its review of the group"s results for the six months ended 31 August 2005. The actual earnings level achieved significantly exceeds that previously anticipated for a number of reasons:

*far higher than anticipated earnings for the month of August 2005;

*a detailed review of the Group"s used inventory and car hire fleet write- down provisions, indicated an excess over a prudent requirement;

*provision had been made for the estimated costs of closure of one of the group"s under-performing outlets. Subsequent to the 8 September 2005 announcement, negotiations were concluded for the sale of the outlet subject to the approval of the Competition Commissioner. The provision has consequently been reversed; and

*the base period (six months ended 31 August 2004) has been restated at a lower earnings level following the transition to International Financial Reporting Standards and the change in basis of accounting for lease payments following the issue by SAICA of circular 7/2005 regarding IAS 17.

08 Sep 2005 14:22:12
(Official Notice)
CMH has advised that a reasonable degree of certainty exists that the headline earnings per share and earnings per share for the six months ended 31 August 2005 will be 40% to 50% and 60% to 70%, respectively, above the previously reported headline earnings per share and earnings per share for the six months ended 31 August 2004. The results for the six months ended 31 August 2005 are expected to be published on or about 3 October 2005.
07 Sep 2005 17:40:13
(Official Notice)
Further to the announcement of 16 August 2005, the conditions precedent have been fulfilled and the acquisition will be effective from 1 October 2005.
16 Aug 2005 16:53:03
(Official Notice)
Further to the cautionary announcement of 8 July 2005, CMH has agreed to acquire from Forza the assets and liabilities of:

*Investment Cars, Bryanston;

*Investment Cars, Hatfield;

*Lamborghini, Johannesburg;

*Lyndhurst Auto, Melrose Arch;

*Peugeot South, Johannesburg;

*Lyndhurst Autobody, Johannesburg;

*Waterworld;

*Monaco Leisure; and

*Boating Distributors.

*the shares and loan accounts of Investment Cars (Cape)(Pty) Ltd. (jointly `the acquisition`).



In terms of the acquisition agreement, an amount ranging between R185 million and R220 million will be payable by CMH, such payment range to be dependent upon the Forza Group consolidated profits in respect of its financial year ending 31 August 2005. The purchase consideration is to be funded out of the company`s internal cash resources. The effective date of the acquisition will be the later of 1 October 2005 and the first day of the month following the month during which all of the conditions precedent are fulfilled. As the terms and financial effects of the proposed acquisition have been announced, shareholders need no longer exercise caution when dealing in their CMH shares.
07 Jul 2005 13:26:02
(Official Notice)
Further to the cautionary announcement dated 2 June 2005, shareholders are advised that the group has entered into a memorandum of understanding with Forza Group (Pty) Ltd. The final terms and conditions are still in the process of being negotiated. To expedite matters, an application has been submitted to the Competition Commission South Africa. The transaction relates to the acquisition of inter alia, various motor vehicle dealerships, panel beating and repair shops, used motor vehicle dealerships and shareholdings and claims on loan accounts. Accordingly, shareholders are advised to exercise caution when dealing in the company`s securities until a detailed terms announcement is made.

02 Jun 2005 13:40:03
(Official Notice)
Shareholders are advised that the group has entered into negotiations, which if successfully concluded may have a material effect on the price of the company`s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company`s securities until a further announcement is made.
27-Aug-2014
(X)
The company's business is that of an investment holding company, its principal assets being its investment in and loan to CMH Holdings (Pty) Ltd., and a preference share investment in Main Street 445 (Pty) Ltd. Through its subsidiaries, the Group has significant interests in retail motor, car hire, marine and leisure and financial services.


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