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22-Oct-2018
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 09:00 today, Monday, 22 October 2018 at the offices of Hosken Consolidated Investments, Suite 801, 76 Regent Road, Sea Point (?AGM?), all of the resolutions were passed by the requisite majority of the Company?s shareholders.

31-Jul-2018
(Official Notice)
Shareholders are hereby advised that Deneb?s integrated report, containing the audited group financial statements for the year ended 31 March 2018, was dispatched to shareholders today, 31 July 2018, and contains no modifications to the reviewed results which were announced on SENS on 23 May 2018. The integrated report is also available at http://deneb.co.za/2018iar/.



AGM notice

Notice is hereby given that the annual general meeting of Deneb will be held on Monday, 22 October 2018 at 09:00 at the offices of Hosken Consolidated Investments Limited, Suite 801, 76 Regent Road, Sea Point, 8005 to transact the business as set out in the notice of the annual general meeting on pages 122 to 129 of the annual report. The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Friday, 12 October 2018, with the last day to trade being Tuesday, 9 October 2018.
29-Jun-2018
(Official Notice)
Notice was given that the Company?s annual compliance report, for the financial year ended 31 March 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.deneb.co.za).
23-May-2018
(C)
Revenue for the year from continuing operations jumped to R3.0 billion (R2.7 billion) whilst gross profit lowered to R685.7 million (R717.3 million). Operating profit before finance costs dropped to R108.9 million (R180.3 million). Profit attributable to owners tumbled to R8.1 million (R50.4 million). Furthermore, headline earnings per share from continuing operations were higher at 13.58 cents per share (9.8 cents per share).



Distribution

Notice is hereby given that a final distribution of 3 cents (gross) per ordinary share in respect of the 12 months ended 31 March 2018 has been declared and approved by the board of directors out of stated capital through the reduction of contributed tax capital ("distribution").
21-May-2018
(Official Notice)
17-Apr-2018
(Official Notice)
Shareholders were advised that Mr Logie Govender, an independent non-executive director, has tendered his resignation with immediate effect.
08-Dec-2017
(Official Notice)
Shareholders are referred to the SENS announcement released on 13 July 2017 regarding the proposed acquisition by Deneb of 100% of the shares in, and claims against New Just Fun Group (Pty) Ltd. (?the Acquisition?) subject to the fulfilment of certain conditions precedent.



Deneb announced that all conditions precedent have now been fulfilled, and that the Acquisition will be effective on 13 December 2017.
22-Nov-2017
(C)
Revenue for the interim period increased to R1.3 billion (R1.2 billion). Operating profit before finance costs lowered to R37.6 million (R49.2 million). Loss attributable to owners came to R31.7 million (profit of R7.4 million). In addition, headline earnings per share from continuing operations rose to 7.8cps (4.3cps).



Dividends/Distributions

The directors have resolved not to declare an interim dividend/distribution for the six months ended 30 September 2017 (2016: Nil).
17-Nov-2017
(Official Notice)
Deneb mentioned in the results to 31 March 2017 that the Group had a number of loss making entities that were weighing on the Group?s results. Deneb has taken decisive action with regards to these businesses and a number of restructuring processes are in various stages of completion. In certain instances, the restructuring affects separately identifiable pieces of businesses and where this is the case, the results for these pieces are reflected as discontinuing operations. There are other processes that affect certain product ranges and processes of continuing businesses, and in these cases the costs of exiting these areas remain within the continuing operations.



Deneb advises that for the six months period ended 30 September 2017 the Company expects its financial results to fall within the following ranges:



Earnings per share - continuing

-2017 Cents - 7.7 ? 8.0

-%increase/(decrease) - 75.0% - 81.8%

-2016 Cents - 4.4



Earnings per share ? discontinued

-2017 Cents - (15.0) - (15.4)

-2016 Cents - (3.1)



Earnings per share

-2017 Cents - (7.3) ? (7.5)

-2016 Cents - 1.3



Headline earnings per share - continuing

-2017 Cents - 7.7 - 8.0

-%increase/(decrease) - 79.1% - 86.0%

-2016 Cents - 4.3



Headline earnings per share ? discontinued

-2017 Cents - (10.2) - (10.6)

-2016 Cents - (3.1)



Headline earnings per share

-2017 Cents - (2.5) - (2.7)

-2016 Cents - 1.2



The financial information on which this trading statement is based has not been reviewed or reported on by the Company`s auditors. Shareholders are further advised that the results for the six months ended 30 September 2017 are scheduled to be released by end of November 2017.



01-Nov-2017
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 9:00 today, 1 November 2017 at the offices of Hosken Consolidated Investments Limited, 4 Stirling Street, Zonnebloem 7925 (?AGM?), all of the resolutions were passed by the requisite majority of Deneb shareholders.
28-Sep-2017
(Official Notice)
Shareholders are hereby advised that Deneb?s integrated report, containing the audited group financial statements for the year ended 31 March 2017, was dispatched to shareholders today, 28 September 2017, and contains no modifications to the reviewed results which were announced on SENS on 24 May 2017. The integrated report is also available at www.deneb.co.za.



Notice of AGM

Notice is hereby given that the annual general meeting of Deneb will be held on Wednesday, 1 November 2017 at 9:00 at the offices of Hosken Consolidated Investments Limited, 4 Stirling Street, Zonnebloem, 7925, Cape Town. The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Friday, 27 October 2017, with the last day to trade being Tuesday, 24 October 2017.
14-Sep-2017
(Official Notice)
In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website at www.deneb.co.za.

21-Jul-2017
(Official Notice)
Shareholders are referred to Deneb?s announcement (?Announcement?) released on SENS on 10 July 2017, advising that it has entered into a Sale of Shares and Claims agreement with Hosken Consolidated Investments Ltd. (?HCI?), HCI Treasury (Pty) Ltd. (?HCI- Treasury?) (collectively, ?the Sellers?) and Formex Industries (Pty) Ltd. (?Formex?) dated 7 July 2017 in terms of which Deneb has agreed to purchase 100% of the shares in Formex, the HCI shareholder claims in Formex and a portion of the HCI-Treasury loan claim against Formex (?the Acquisition?).



Deneb announced that all conditions precedent have now been fulfilled, and that the Acquisition will accordingly be implemented on the basis detailed in the Announcement with the effective date being 1 August 2017.
13-Jul-2017
(Official Notice)
10-Jul-2017
(Official Notice)
Shareholders are hereby advised that Deneb has entered into a Sale of Shares and Claims agreement with Hosken Consolidated Investments Ltd. (?HCI?), HCI Treasury (Pty) Ltd. (?HCI-Treasury?) (collectively, ?the Sellers?) and Formex Industries (Pty) Ltd. (?Formex?) dated 7 July 2017 (?the Agreement?) in terms of which Deneb has agreed to purchase 100% of the shares in Formex, the HCI shareholder claims in Formex (?the shareholders loan?) and a portion of the HCI-Treasury loan claim (?the treasury loan?) (collectively, ?the Sale Equity?) against Formex (?the Acquisition?).



Small related party transaction

*HCI is the majority shareholder of Deneb, and accordingly the Acquisition is a ?related party transaction? in terms of section 10 of the Listings Requirements of the JSE Ltd. (?JSE?).

*BDO Corporate Finance(Pty) Ltd. (?BDO?) as the independent expert, has opined that the Acquisition is fair to Deneb shareholders. The fairness opinion will lie open for inspection at the registered address of Deneb for a period of 28 days from the date of publication of this announcement.

*This announcement is made for information purposes only and no action is required by Deneb shareholders with regard to the Acquisition.



Purchase consideraton

The purchase consideration payable by Deneb to the Sellers for the Sale Equity is R25 058 000.



Conditions precedent

The Acquisition is subject to the fulfillment of the following outstanding conditions precedent on or before 31 August 2017:

*All regulatory approvals which may be required in order to implement the Acquisition are obtained.



Other significant terns of the agreement

The Agreement provides for warranties and indemnities that are normal for a transaction of this nature.





Effective date of the acquisition

The effective date of the Acquisition will be the 7th (seventh) business day following the date of fulfilment or written waiver of the last of the conditions precedent set out in paragraph 6 above, which is expected to be 31 July 2017.

24-May-2017
(C)
Revenue for the year was R2.9 billion (2016: R2.7 billion) whilst gross profit increased to R743.7 million (2016: R628.9 million). Operating profit before finance costs rose to R196.7 million (2016: R155.5 million). Profit attributable to owners of the company grew to R73.1 million (2016: R56.7 million). Furthermore, headline earnings per share increased to 9.85 cents per share (2016: 8.07 cents per share).



Distribution

Notice is hereby given that a final distribution of 3 cents (gross) per ordinary share in respect of the 12 months ended 31 March 2017 has been declared and approved by the board of directors out of stated capital through the reduction of contributed tax capital (distribution).

09-May-2017
(Official Notice)
Deneb advised that for the year ended 31 March 2017 the Company expects its financial results to fall within the following ranges:



2017 Cents - % increase - 2016 Cents

* Earnings per share : 14.50 - 15.00 - 43.4% - 48.4% - 10.11

* Headline earnings per share : 9.50 ? 10.00 - 17.7% - 23.9% - 8.07

* Net asset value per share : 410 ? 420 - 18.2% - 21.0% - 347



Shareholders are further advised that the results for the year ended 31 March 2017 are scheduled to be released by end of May 2017.
23-Nov-2016
(C)
Revenue increased by 3.6% to R1.4 billion (R1.3 billion) and gross profit was 8.4% higher at R339.2 million (R312.9 million). Operating profit before finance costs decreased by 26.8% to R40.9 million (R55.9 million). Profit attributable to equity holders fell to R7.4 million (R12.1 million). In addition, headline earnings per share came in at 1.2cps (2.6cps).



Dividends/distributions

The directors have resolved not to declare a dividend/distribution for the six months ended 30 September 2016 (2015: Nil).



18-Nov-2016
(Official Notice)
The first half of the financial year has been characterised by significant currency volatility. It?s the Group?s policy to cover forward any significant foreign exchange exposure thereby locking in the cash margin. In accordance with IFRS, foreign exchange gains and losses resulting from the revaluation of hedging instruments are to be recognised at reporting date.



The Group recorded an aggregate foreign exchange loss of R20.4 million during the period compared to an aggregate profit of R11.7 million in the corresponding period. The Group?s foreign exchange policy has been consistently applied in both the current and prior periods and this accounting adjustment does not have an operational or cashflow effect.



Accordingly, due to the foreign exchange differences, shareholders are advised that for the six months ended 30 September 2016, a reasonable degree of certainty exists that earnings per share (?EPS?) will be between 30.9% and 50.9% lower and headline earning per share (?HEPS?) will be between 43.8% and 63.8% lower than reported in the prior period. The range of expected earnings are shown below:

Six months to 30 September 2015 Reported and 30 September 2016 Expected range (cents)

*Earnings per share - 2.2; 1.1 ? 1.5

*Headline earnings per share - 2.6; 0.9 ? 1.5



Core HEPS, excluding the effect of the foreign exchange adjustments, is expected to be between 235.5% and 255.5% higher than the corresponding period in a range between 3.7 and 3.9 cents per share (2015: 1.1 cents per share).



The Group?s financial results for the six months ended 30 September 2016 will be released on the Stock Exchange News Service of the JSE on 23 November 2016.
18-Nov-2016
(Official Notice)
Shareholders are advised that HCI Managerial Services (Pty) Ltd. has resigned as Company Secretary of the company with effect from 16 November 2016.



Further to the above, Deneb has appointed Ms Cheryl Philip (a fellow of the institute of Chartered Secretaries Southern Africa) as the Company Secretary of the company with immediate effect.
01-Nov-2016
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of Deneb held at 9:00 today, 1 November 2016 at the offices of Hosken Consolidated Investments Limited, 5th Floor, 4 Stirling Street, Zonnebloem, 7925 (?AGM?), all of the resolutions were passed by the requisite majority of Deneb shareholders.

30-Sep-2016
(Official Notice)
Shareholders are referred to the previous SENS announcements released by Deneb with regard to Deneb repurchasing 133 507 226 Deneb shares (?Repurchased Shares?) held by The South African Clothing and Textile Workers Union for an aggregate repurchase consideration of R267 014 452 (?Share Repurchase?) which Share Repurchase was approved by Deneb shareholders at the general meeting held on Thursday, 8 September 2016.



Shareholders are advised that Deneb has obtained the necessary compliance certificate from the Takeover Regulation Panel in respect of the Share Repurchase in terms of the Companies Act, 71 of 2008, and that accordingly all conditions precedent in respect of the Share Repurchase have been fulfilled. Shareholders are therefore further advised that the Repurchased Shares will be delisted on 30 September 2016.



09-Sep-2016
(Official Notice)
Shareholders are hereby advised that at the General Meeting of the company held on 8 September 2016, at 09h00 at the registered offices of the company situated at 5th Floor, Deneb House, Corner Main and Browning Roads, Observatory, Cape Town, 7925 (?General Meeting?) all of the resolutions were passed by the requisite majority of the shareholders of the company.
24-Aug-2016
(Official Notice)
Shareholders are hereby advised that Deneb?s integrated report, containing the audited group financial statements for the year ended 31 March 2016, was dispatched to shareholders today, 24 August 2016, and contains no modifications to the reviewed results which were announced on SENS on 25 May 2016. The integrated report is also available at www.deneb.co.za.



Notice of annual general meeting of Deneb

Notice is hereby given that the annual general meeting of Deneb will be held on Tuesday, 1 November 2016 at 9:00 at the offices of Hosken Consolidated Investments Ltd., 4 Stirling Street, Zonnebloem, 7925, Cape Town



The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Friday, 21 October 2016, with the last day to trade being Tuesday, 18 October 2016.



10-Aug-2016
(Official Notice)
14-Jun-2016
(Official Notice)
25-May-2016
(C)
Revenue from continuing operations for the year was R2.715 billion (2015: R2.665 billion) whilst gross profit increased to R628.9 million (2015: R605.8 million). Operating profit before finance costs declined to R155.5 million (2015: R199.1 million). Profit attributable to owners of the company dropped to R56.7 million (2015: R208.8 million). Furthermore, headline earnings per share from continuing operations dropped to 8.07 cents per share (2015: 30.35 cents per share).



Distribution

The board has decided to postpone its consideration of a dividend until later in the year (2015: 3 cents per ordinary share - the distribution was paid during the 2016 period).



24-May-2016
(Official Notice)
Shareholders are referred to the SENS announcement released on 9 March 2016 regarding the acquisition of the entire issued share capital of Premier and are advised that all of the conditions precedent have now been fulfilled.



11-May-2016
(Official Notice)
Deneb advises that for the year ended 31 March 2016, the company expects its financial results to fall within the following ranges:

*Earnings per share: 9.2c - 11.1c representing a 70.9% - 75.9% decrease

*Headline earnings per share: 7.3c - 8.9c representing a 67.7% - 73.5% decrease



The decline in earnings is largely attributable to taxation. Included in the prior year's results was the recognition of a deferred tax asset, recognizing historical assessed losses. This resulted in a once-off deferred tax income that equated to 21.1 cents per share. Having recognised the deferred taxation asset in the prior period, the current periods' results include a taxation charge releasing a portion of the deferred taxation asset.



The financial information on which this trading statement is based has not been reviewed or reported on by the company`s auditors. Shareholders are further advised that the results for the year ended 31 March 2016 are scheduled to be released by end of May 2016.

09-Mar-2016
(Official Notice)
19-Nov-2015
(C)
Revenue increased by 5.9% to R1.3 billion (R1.2 billion) and gross profit was 8.8% higher at R312.9 million (R287.6 million). Operating profit before finance costs shot up 116.9% to R55.9 million (R25.8 million). Profit attributable to owners more than doubled to R12.1 million (R5.2 million). In addition, headline earnings per share from continuing operations came in at 2.6cps (1.6cps).



Dividend

The directors have resolved not to declare a dividend for the six months ended 30 September 2015 (2014: Nil).
11-Nov-2015
(Official Notice)
Deneb advises that for the six months ended 30 September 2015, a reasonable degree of certainty exist that:

*Basic earnings per share will be between 2.0 cents and 2.2 cents, being between 123% and 143% higher than the 0.9 cents reported for the six month period ended 30 September 2014;

*Headline earnings per share will be between 2.5 cents and 2.7 cents, being between 179% and 199% higher than the 0.9 cents reported for the six month period ended 30 September 2014;

*Diluted earnings per share will be between 1.9 cents and 2.1 cents, being between 112% and 132% higher than the 0.9 cents reported for the six month period ended 30 September 2014; and

* Diluted headline earnings per share will be between 2.4 cents and 2.6 cents, being between 168% and 188% higher than the 0.9 cents reported for the six month period ended 30 September 2014;



The financial information on which this trading statement is based has not been reviewed or reported on by the Company`s auditors. Shareholders are further advised that the results for the six months ended 30 September 2015 are scheduled to be released on or about Thursday, 19 November 2015.



29-Oct-2015
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 9:00 on 29 October 2015 at Suite 801, 76 Regent Street, Sea Point, 8005 (?AGM?), all of the resolutions were passed by the requisite majority of Deneb shareholders.
29-Sep-2015
(Official Notice)
Shareholders are hereby advised that Deneb?s integrated report, containing the audited group financial statements for the year ended 31 March 2015, was dispatched to shareholders today, 29 September 2015, and contains no modifications to the reviewed results which were announced on SENS on 22 May 2015. The integrated report is also available at www.deneb.co.za.



Notice is hereby given that the annual general meeting of Deneb will be held at the offices of Hosken Consolidated Investments Limited, Suite 801, 76 Regent Street, Sea Point, 8005 on Thursday, 29 October 2015 at 09h00 to transact the business as set out in the notice of the annual general meeting on pages 130 to 137 of the integrated report.



The date on which shareholders must be recorded as such in the share register to be eligible to vote at the annual general meeting is Friday, 23 October 2015, with the last day to trade being Friday, 16 October 2015.

22-May-2015
(Official Notice)
Shareholders are referred to the SENS date 22 May 2015 relating to the Provisional Condensed Consolidated Results for the year ended 31 March 2015 (?the Announcement?). Shareholders are advised that the headline earnings per share differs from the information set out in the Announcement, as the total headline earnings per share was erroneously in parenthesis. Accordingly, the corrected information set out below replaces the information set out in the Announcement.



Reviewed 2015 and Audited 2014

* Total Headline Earnings per share (cents) 27.55 4.36

* Headline Earnings per share from continued operations (cents) 30.35 29.37

* Headline Earning per share from discontinued operations (cents) (2.80) (25.01)
22-May-2015
(C)
The following results are the maiden final results of the company. Revenue from continuing operations came in at R2.7 billion whilst gross profit was R605.8 million. Operating profit before finance costs of R199.1 million was recorded. Profit attributable to equity holders were R208.8 million. Furthermore, headline earnings per share from continuing operations was 30.35 cents per share.



Distribution

Notice is hereby given that a final distribution of three cents (gross) per ordinary share in respect of the 12 months ended 31 March 2015 has been declared out of capital reserves through the reduction of contributed tax capital (distribution).
06-May-2015
(Official Notice)
Deneb advises that for the year ended 31 March 2015 the Company expects its financial results to fall within the following ranges:

*Earnings per share: 37.91c-38.38c representing a 1513%-1533% increase

*Headline earnings per share 27.12c-27.99c representing a 523% - 543% increase



The financial information on which this trading statement is based has not been reviewed or reported on by the Company's auditors. Shareholders are further advised that the results for the year ended 31 March 2015 are scheduled to be released on 21 May 2015.

12-Mar-2015
(Official Notice)
Shareholders are advised that Mr Loganathan Govender has been appointed as an independent non-executive director of the company with effect from 11 March 2015.
18-Dec-2014
(C)
The following results are the company's maiden interim results. Revenue came in at R1.2 billion and gross profit was R289.4 million. Operating profit before finance costs was R21.5 million. Profit attributable to owners was R4.8 million. In addition, headline earnings per share were 0.9cps.
31-Jul-2018
(X)
Deneb?s diversified investment portfolio has four focus areas, namely:

PROPERTIES: Vega Properties owns and manages a portfolio of industrial and commercial properties situated in KwaZulu-Natal, the Western Cape and Gauteng with a market value in excess of R1.2 billion.



BRANDED PRODUCT DISTRIBUTION: The segment is responsible for the sourcing and distribution of branded products. The businesses operating in this segment include Prima Toys, Prima Interactive, The Empire Group, Seartec, OfficeBox, HTIC, Just Fun Toys, Oops, Clever Little Monkey and Brand ID. These enterprises supply an extensive selection of prestigious brands to the South African consumer, such as Disney, Columbia, Slazenger, Dunlop, Canterbury, Microsoft X-Box, Butterfly stationery, Sharp electronics, Speedo and a large variety of well-known toys and games.



INDUSTRIAL MANUFACTURING: Manufacturers of specialised industrial products for the mining, agricultural, construction and automotive industries. The businesses operating in this segment are Gold Reef Speciality Chemicals, Brits Nonwoven, Custom Extrusion, Integrated Polypropylene Products, Premier Rainwatergoods, Formex and Blue Reef Water Solutions.




TEXTILE MANUFACTURING: Manufacturers of high-quality home textiles and cotton, worsted and polyester fabrics predominantly for the South African medical, hospitality and retail markets. The businesses operating in this segment are Winelands Textiles, Frame Knitting Manufacturers, Romatex Home Textiles and First Factory Shops.


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