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31-Aug-2018
(Official Notice)
Cartrack provides fleet, mobile asset and workforce management solutions, underpinned by real- time actionable business intelligence, delivered as Software-as-a-Service (?SaaS?).



Cartrack also provides driver data analytics for the insurance industry, and as of 28 February 2018, had an industry-leading audited recovery rate for stolen vehicles of 91%. This recovery rate reflects the superior quality of its technology, infrastructure and services. The technology and infrastructure required for the recovery of stolen vehicles is a key barrier to entry for competitors looking to enter the telematics industry in any high crime region.



Record subscriber growth

Cartrack has achieved a global subscriber base of over 845 000 subscribers as of 24 August, 2018 (more than 27% annual growth versus 21% growth in the 12-month comparative period). A record subscriber growth in excess of 180 000 net additions was achieved in the last 12 months versus 115 562 net additions in the prior 12-month period, representing an increase of 56% year-on-year. These results are the product of investment in operating and distribution capacity, which has allowed Cartrack to meet the demand for its technology offering.



Change to the Board

Shareholders

are advised of the appointment of Sharoda Rapeti as an independent non-executive director to the board of directors of Cartrack with immediate effect.



She will be serving as a member of the Audit and Risk Committee. Mr Thebe Ikalafeng has stepped down as a member of the Audit and Risk Committee but will continue to serve as chairman of the Remuneration Committee and member of the Nominations Committee.
31-Jul-2018
(Official Notice)
Shareholders are advised that all the resolutions proposed at the Annual General Meeting of the company on 31 July 2018 were passed by the requisite majority of shareholder votes.
02-Jul-2018
(Official Notice)
Shareholders were advised of the resignation of an executive director and appointment of a replacement executive director, in accordance with the Group?s succession plan, as set out below:

* John Richard Edmeston, who was due to retire in April 2019, has recently relocated to Cape Town and has decided to pursue other opportunities. He resigned from Cartrack and will accordingly, with effect from 1 September 2018, cease to be Chief Financial Officer (?CFO?) and Deputy Global Chief Executive Officer.

* Morn? Grundlingh has been appointed as CFO with effect from 1 September 2018. Morn? is a qualified Chartered Accountant and a member of the South African Institute of Chartered Accountants (SAICA) and the Institute of Chartered Accountants in England and Wales (ICAEW). He holds a BComm (Hons) degree from the University of Johannesburg and a M.Sc. (Accounting and Finance) from Birmingham City University. After finishing his training in 2000 at Deloitte, Morn? worked at Blackrock and Barclays in the London and Singapore offices. Morn? initially joined Cartrack in February 2017 as CFO for the Asia Pacific region.
29-Jun-2018
(Official Notice)
Shareholders are advised that Cartrack?s audited consolidated annual financial statements for the financial year ended 28 February 2018 are available on the Company?s website at www.cartrack.com, and contain no modifications to the audited condensed consolidated financial results which were released on 24 April 2018 or the independent external auditors report in respect thereof. Grant Thornton Chartered Accountants (SA) audited the consolidated annual financial statements of the Company and their unmodified audit report is available for inspection at the registered office of the Company. Cartrack?s Integrated Report was posted to shareholders today and is also available on the Company?s website.



Annual General Meeting

Notice was given that the annual general meeting of shareholders of Cartrack will be held at the Standard Bank Building, 30 Baker Street, Rosebank, on Tuesday, 31 July 2018 at 09:00 for purposes of dealing with the ordinary and special business of an annual general meeting.
24-Apr-2018
(C)
17-Apr-2018
(Official Notice)
Shareholders are advised that Cartrack expects to report growth in earnings per share (?EPS?) and headline earnings per share (?HEPS?) in excess of 16% for the year ended 28 February 2018 (?FY18?). Cartrack delivered its most significant subscriber growth numbers during this year, increasing subscribers by 25% to 751 380. H2-FY18 contributed 84 958 while H1-FY18 contributed 65 812 net additions. The disparity in subscriber growth and earnings growth is largely attributable to incurred distribution costs during FY18 while revenues have not been recorded for a full annual revenue cycle.



The Group?s results for the year ended 28 February 2018 are expected to be released on SENS on 24 April 2018.
17-Apr-2018
(Official Notice)
Shareholders are advised that The Standard Bank of South Africa Ltd. has been appointed as sponsor to Cartrack on the JSE Ltd., effective 16 April 2018.

16-Feb-2018
(Official Notice)
15-Nov-2017
(Official Notice)
Shareholders are advised that Cartrack has reached another growth milestone of 700 000 active subscribers.



This robust subscriber growth was driven by a dedicated workforce focusing on consistent customer engagement and the ability to better meet demand for the Cartrack technology.



Cartrack currently has a presence in 24 countries which span Africa, the Middle East, Europe, Asia Pacific and the USA.



12-Oct-2017
(Media Comment)
According to Business Report, the Singapore government renewed its prisoner tracking contract with Cartrack for a further five years. The company intends to focus more on the prisoner tracking aspect of its business which was launched in 2015. Cartrack is also in talks with Japanese original vehicle parts manufacturers about installation of telematics devices in their vehicles. The CEO, Zak Calistos believes that the company is able to compete on a global scale as it is among the top 10 companies in the telematics market.

11-Oct-2017
(C)
03-Oct-2017
(Official Notice)
Shareholders are advised that Cartrack expects to report growth in interim earnings per share and headline earnings per share in excess of 20% on the prior comparable period. The increase is primarily attributable to subscriber growth over the corresponding period.



Cartrack expects the results for the 6 months ended 31 August 2017, expressed as growth on the previous comparative period, to fall within the following ranges:

31 August 2017 Growth on prior period (%); 31 August 2017 Expected range (cps) and 31 August 2016 cps

*HEPS - 20 ? 22; 46 ? 47; 38

*Basic EPS - 20 - 22; 46 ? 47; 39



The Group?s results for the 6 months ended 31 August 2017 are expected to be released on SENS on 11 October 2017.
21-Jul-2017
(Official Notice)
Shareholders are advised that all the resolutions proposed at the Annual General Meeting (?AGM?) of the Company on 20 July 2017 were passed by the requisite majority of shareholder votes.
21-Jun-2017
(Official Notice)
Shareholders are advised that the company?s consolidated annual financial statements for the financial year ended 28 February 2017 are available on the company?s website at www.cartrack.com, and contain no modifications to the condensed consolidated financial results, which were released on 17 May 2017. Grant Thornton Chartered Accountants (SA) audited the consolidated annual financial statements of the company and their report is available for inspection at the registered offices of the company.



The company?s Integrated Report was posted to shareholders today and is also available on the website.



Annual general meeting

Notice is hereby given that the annual general meeting of shareholders of the company will be held at 54 On Bath, 54 Bath Avenue, Rosebank, on Thursday, 20 July 2017 at 09:00 for purposes of dealing with the ordinary and special business of an annual general meeting.
17-May-2017
(C)
07-Mar-2017
(Official Notice)
Shareholders are advised that Cartrack has reached over 600 000 active subscribers globally, reflecting strong, consistent growth over the past years, and an increase of 20% since February 2016. An increase in active subscribers translates into further growth in annuity revenues, and is a key determinant in the ability of the Company to grow its base globally.



Cartrack currently has a presence in 24 countries which span Africa, the Middle East, Europe, Asia Pacific and, more recently, an office in the USA. The robust subscriber growth was driven by strong performances in Asia, Europe and South Africa. The South African market is differentiated by the stolen vehicle recovery service that is provided, a sector in which Cartrack has performed consistently well. Cartrack has managed to maintain an exceptional recovery rate of around 94% over many years. This is partly as a result of having an in-house recovery team, which allows greater control of deployment and service levels.



With the exception of sedentary conditions in the rest of Africa, which reflects the current state of economics in a number of the countries the company operates in, the growth seen has reflected management?s expectations. The US operation has been established and will now commence trading. The introduction of mandatory Electronic Driver Logging legislation for long haul vehicles in the USA is creating substantial growth opportunities for fleet management technology.



27-Oct-2016
(C)
01-Sep-2016
(Official Notice)
Shareholders are advised that Cartrack has reached another growth milestone of 550 000 active subscribers. Since inception, the company has recovered in excess of 20 000 vehicles to the value of over R4,1 billion and have achieved the highest independently audited recovery rate at 94% in the industry. Cartrack was the first to market with a R150 000 recovery warranty, adding extra value to the consumer. To honour this warranty, the company has paid out in excess of R11.5 million since the inception in 2012.



For the five-month period to July 2016, Cartrack has experienced a net growth rate of 76% in Asia with the signing of a number of significant partnerships. In Indonesia, Cartrack has developed technology locally for the transport industry. The company has fitted buses with Telematics units that relay real time information to consumers about bus schedules and delays.



In Europe, Cartrack has seen a net growth rate of 12% for the five-month period to July 2016. Regulatory matters on the protection of personal information and general road safety are strong influencers of Telematics developments in this market, and Cartrack has, during 2016, introduced various modifications and developments to assist transporters to comply with these more stringent laws.



Growth in Africa has been low, given the current severe economic challenges faced by many countries in Africa. However, good potential is still anticipated in the medium- to long-term for the region. In South Africa, Cartrack?s collaborative alliance of many years with MAN Truck and Bus in South Africa (MBT-SA) for the on-production-line installation of units was strengthened with the release of the MBT-SA customized telematics solution, available to all MBT-SA clients.



Cartrack currently has a presence in 23 countries which span Africa, the Middle East, Europe and Asia Pacific; more recently, an office in USA has been established and operations are expected to commence soon.
21-Jul-2016
(Official Notice)
Shareholders are advised that all the resolutions proposed at the annual general meeting (?AGM?) of the company on 21 July 2016 were passed by the requisite majority of shareholder votes.



An amendment to limit the amount of authorised but unissued shares to be placed under the control of the directors (ordinary resolution number 6) to 2% of the shares in issue, was proposed, seconded and supported at the AGM.



21-Jun-2016
(Official Notice)
Shareholders are advised that the Company?s consolidated annual financial statements for the period ended 29 February 2016 are available on the Company?s website at www.cartrack.com, and contain no modifications to the condensed consolidated financial results, which were released on 31 May 2016. Grant Thornton Chartered Accountants (SA) audited the consolidated annual financial statements of the Company and their report is available for inspection at the registered offices of the Company. The Company?s Integrated Report was posted to shareholders today and is also available on the website.



Notice is hereby given that the annual general meeting of the Company will be held at Investec, Ground Floor, 100 Grayston Drive, Sandton, on Thursday, 21 July 2016 at 09:00 for purposes of dealing with the ordinary and special business of an annual general meeting.

31-May-2016
(C)
Revenue for the year increased to R1.005 billion (2015: R834.8 million). Gross profit rose to R818.7 million (2015: R649.3 million), operating profit was higher at R344.8 million (2015: R290 million), while profit attributable to owners of the parent climbed to R239.7 million (2015: R191.8 million). Furthermore, headline earnings per share grew to 81 cents per share (2015: 64 cents per share).



Dividend declaration

Ordinary shareholders are advised that the board of directors has declared a final gross cash dividend of 35 cents per share (29.75 cents net of dividend withholding tax) for year to 29 February 2016 (the cash dividend). The cash dividend will be paid out of profits of the company.



Outlook

The Telematics industry is experiencing tremendous opportunity through significant and growing applications, not only in vehicles but also the tracking of other assets and mobile technology. While Cartrack's key focus remains on vehicles, they are keeping abreast of these opportunities by keeping their developments and platforms flexible enough to accommodate other applications as and when they choose to further broaden their product offering.



Despite the global economic and foreign exchange uncertainties, Cartrack expects to continue to see solid growth in keeping with their track record. Opportunities in all segments remain and are being actively pursued. The company foresees excellent potential for growth in the USA and will consider suitable acquisitions on merit.
20-May-2016
(Official Notice)
Shareholders are advised that Cartrack?s performance for the 2016 financial year will reflect growth in headline earnings per share and basic earnings per share in excess of 20% on the prior year. This result reflects generally improved trading performances from operations and foreign exchange gains. Cartrack expect the results for the financial year ended 29 February 2016, expressed as growth on the previous year, to fall within the following ranges:



2016 Growth on prior year (%) - 2016 Expected range (cps) - 2015 cps

* HEPS : 20 - 30 - 78 ? 85 - 65

* Basic EPS : 20 - 30 - 78 ? 85 - 65



The Group?s results for the year ended 29 February 2016 are expected to be released on SENS on 31 May 2016.
16-Nov-2015
(C)
16-Oct-2015
(Official Notice)
The board of directors of the Company (?the Board?) announced that the Company is planning to launch a start-up operation in Orlando, USA by the end of this calendar year.
25-Aug-2015
(Official Notice)
Shareholders are advised that all the resolutions proposed at the Annual General Meeting (?AGM?) of the Company on 25 August 2015 were passed by the requisite majority of shareholder votes.



An amendment to limit the amount of authorised but unissued shares to be placed under the control of the directors (ordinary resolution number 7) to 5% of the shares in issue, was proposed, seconded and supported at the AGM.
30-Jun-2015
(Official Notice)
A SENS announcement detailing the notice for the annual general meeting (?AGM?) of the Company was released on Friday, 25 June 2015. The proxy form for this AGM has been amended and has been distributed to shareholders with an electronic copy available on the Company?s website at www.cartrack.com (under Investor Relations/SENS Announcements - Circulars).
25-Jun-2015
(Official Notice)
Shareholders are advised that the Company?s annual financial statements for the period ended 28 February 2015 are available on the Company?s website at www.cartrack.com, and contain no modifications to the condensed audited financial results, which were released on 25 May 2015. Grant Thornton Chartered Accountants (SA) audited the annual financial statements of the Company and their report is available for inspection at the registered offices of the Company.



The Company?s Integrated Report was posted to shareholders and is also available on the website.



Annual general meeting

Notice is hereby given that the annual general meeting of the Company will be held at the JSE Ltd., One Exchange Square, Gwen Lane, Sandton, on Tuesday, 25 August 2015 at 09:00 for purposes of dealing with the ordinary business of an annual general meeting.
25-May-2015
(C)
This will be Cartrack's maiden final results. Revenue for the period came in at R843.7 million, while operating profit was recorded at R298.9 million. Profit attributable to equity holders of the parent was R195.2 million, in addition, headline earnings per share came in at 65cps.



Dividend

A final cash dividend of 30 cents per share has been declared.



Outlook

Subscriber and revenue growth in the short to medium term is anticipated to be consistent with that achieved in the past few years. Sustainable growth is expected in all operations. The global expansion will generate a greater share of revenue and profit from operations located outside of SA, although the new Asian/ME operations will only achieve breakeven in the medium term.



Cartrack will maintain a disciplined capital allocation into the new geographies. Pivotal to Cartrack's expansion strategy is a well-defined and tested expansion model with low initial set-up costs and a hands-on approach from management.



Furthermore, Cartrack does not have any material third party debt on its balance sheet providing it with the ability to leverage should the opportunity arise.



Strong profit growth and commensurate dividend growth within Cartrack's dividend cover targets of between 1.25 and 1.55 times headline earnings is expected for 2016, supported by the strong cash-generative nature of Cartrack's business.



The Telematics industry throughout the world has advanced considerably from basic location and trip reporting, to a high level of data analytics and business intelligence. Its fields of influence are now extending well beyond just monitoring a vehicle and recovering stolen vehicles to those of performance enhancement, safety and risk management, vehicle diagnostics and related connectivity between consumers, business, drivers and vehicles. This is a dynamic industry to be part of, and, with the recent high growth experienced being projected to continue globally at almost exponential rates, the future augers to be exciting and rewarding. Cartrack is well positioned through its proven technology and service, scalable system platform, low cost base and increasing footprint to take advantage of this trend, using the SaaS delivery model.
13-Feb-2015
(Official Notice)
The board of directors of the company announce that Kim White, independent non-executive director and member of the Audit and Risk Committee of the Company, has been appointed as chair of this committee with immediate effect in place of Thebe Ikalafeng who will, however, remain as a committee member. The chair will continue to be supported by Messrs Thebe lkalafeng and David Brown, who each bring their own skills and expertise to this committee.
11-Dec-2014
(Official Notice)
Reference is made to the Company?s pre-listing statement (?PLS?) and abridged PLS announcement published on SENS on Friday, 21 November 2014, detailing an offer by way of a subscription (?Private Placement? or ?the Offer?) of ordinary shares (?Cartrack Shares?) and the listing of Cartrack (?Listing?) on the main board of the JSE Limited (?JSE?).



The Company has successfully raised an aggregate amount of R510 million through the placement of 60,000,000 ordinary shares at R8.50 per Cartrack Share, representing 20% of Cartrack issued share capital on Listing. Cartrack Shares will be listed on the main board of the JSE with effect from the commencement of trade on Friday, 19 December 2014 under the ?Support Services? sector and will trade under the abbreviated name: ?Cartrack?, JSE share code: ?CTK? and ISIN: ZAE000198305.



Pursuant to an extension to the application to participate in the Offer by selected South African and international eligible institutional and retail investors, the salient dates and times of the Offer and Listing as disclosed in the PLS and announcement have been amended as set out below:

*Closing date of the Private Placement (17h00) Thursday,11 December 2014

*Successful applicants advised of allocations by Friday,12 December 2014

*Last date for successful applicants to make payment for the allocated Cartrack Shares (17h00)Monday, 15 December 2014

*Listing date (09h00) Friday, 19 December 2014

*Accounts at CSDP or broker updated and debited Friday, 19 December 2014



Note: All dates and times shown are South African dates and times.

07-Sep-2017
(X)
Cartrack is a leading global provider of Fleet Management, Stolen Vehicle Recovery and Insurance Telematics services with a strong focus on technology development to enhance customer experience.



Cartrack also assists clients with workforce optimisation and?data analytics from a platform built on the most advanced technologies available, and is devoted to client service delivery.



The group?s activities are focused on designing, developing and installing telematics technology; data collection and analysis; supplying fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS); and tracking and recovering vehicles.


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