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07-Dec-2017
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 31 August 2017 (?Integrated Annual Report?) was distributed to shareholders today, 7 December 2017 and contains no modifications to the Summarised Audited Financial Results published on SENS on 13 November 2017. The Integrated Annual Report is also available on the Company?s website, www.efgroup.co.za.



Notice is hereby given that the annual general meeting of shareholders of EFG will be held at 10:00 on Tuesday, 20 February 2018 at the head office of the Company, situated at 81 Dely Road, Hazelwood, Pretoria to transact the business stated in the notice of the annual general meeting, which is contained in the Integrated Annual Report.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 9 February 2018. Accordingly, the last day to trade EFG shares in order to be recorded in the register to be entitled to vote will be Tuesday, 6 February 2018.
13-Nov-2017
(C)
Revenue for the year increased to R1 billion (2016: R880 million). Operating profit was lower at R44.5 million (2016: R49.4 million). Profit for the year attributable to equity holders of the parent was higher at R47.8 million (2016: R37.5 million). Furthermore, headline earnings per share increased to 69.01 cents per share (2016: 41.53 cents per share).



Dividend

Dividends are declared at the discretion of the board, after taking the financial position of the group into consideration. The directors determined that a final dividend of 6.41000 cents per share will be paid.





07-Nov-2017
(Official Notice)
Further to the trading statement released on SENS on 23 October 2017, a review by management of the financial results for the year ended 31 August 2017 has indicated that:

- earnings per share (?EPS?) is expected to be between 51.91 cents and 53.99 cents, compared to the EPS of 41.55 cents for the year ended 31 August 2016 (reflecting an increase of between 24.9% and 29.9%), and not between 57.40 cents and 63.64 cents as previously stated; and

- headline earnings per share (?HEPS?) is expected to be between 67.97 cents and 70.05 cents, compared to the HEPS of 41.53 cents for the year ended 31 August 2016 (reflecting an increase of between 63.7% and 68.7%), and not between 73.48 cents and 79.70 cents as previously stated.



Shareholders are further advised that, bearing the above-mentioned in mind, the cash generated from operations is expected to be between 78 cents and 80 cents per share for the year ended 31 August 2017, compared to the cash generated from operations of 71 cents per share for the previous financial year, and not between 68 cents and 70 cents as previously stated.



Efficient?s financial results are expected to be released on SENS on or about 13 November 2017.
25-Oct-2017
(Official Notice)
Further to the cautionary announcement dated 4 August 2017 and the subsequent renewal thereof on 18 September 2017, shareholders are advised that negotiations in respect of a potential acquisition have been terminated.



Accordingly, the cautionary is withdrawn and caution is no longer required to be exercised when dealing in the company?s securities.
23-Oct-2017
(Official Notice)
A review by management of the financial results for the year ended 31 August 2017 has indicated that:

- earnings per share (?EPS?) is expected to be between 57.40 cents and 63.64 cents, reflecting an increase of between 38.2% and 53.2% compared to the EPS of 41.55 cents for the year ended 31 August 2016; and

- headline earnings per share (?HEPS?) is expected to be between 73.48 cents and 79.70 cents, reflecting an increase of between 76.9% and 91.9% compared to the HEPS of 41.53 cents for the year ended 31 August 20016; and



The increase in EPS and HEPS mainly relates to the re-measurement of the forward purchase liability and the related impairment associated with the acquisition of the Select Manager (Pty) Ltd. group of companies, concluded in the 2015 financial year.



Shareholders are further advised that, bearing the above-mentioned in mind, the cash generated from operations is expected to be between 68 cents and 70 cents per share for the year ended 31 August 2017, reflecting a decrease of between 4.4% and 1.4% when compared to the cash generated from operations of 71 cents per share for the previous financial year.



Efficient?s financial results are expected to be released on SENS on or about 12 November 2017.
18-Sep-2017
(Official Notice)
Further to the cautionary announcement dated 4 August 2017, shareholders are advised that negotiations in respect of a potential acquisition are still in progress which, if successfully concluded, may have a material effect on the price of the Company?s securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in EFG?s securities, until a further announcement is made.

24-Aug-2017
(Official Notice)
The board of directors of the Efficient Group (?the Board?) hereby notifies its shareholders of the following changes to the Board with effect from 23 August 2017:



Resignation of directors

*Mrs Lynette Taylor has resigned as an independent non-executive director, due to health reasons; and

*Mr Abrie du Preez has retired as a non-executive director.



Appointment of directors

*Mr Ian Groenewald has been appointed as alternate director to non-executive director, Mr Ockert Goosen.

*Ms Babalwa Ngonyama has been appointed to the Board as an independent non-executive director and a member of the Audit and Risk Committee.



Change in status of a director

*Mr Ockert Goosen, who was appointed as an alternate director to Mr Abrie du Preez on 8 May 2017, will be appointed as a non-executive director, in the place and stead of Mr Abrie du Preez.

04-Aug-2017
(Official Notice)
Shareholders are advised that EFG has entered into negotiations in respect of a potential acquisition 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.
10-May-2017
(Official Notice)
The board of directors of the Efficient Group (the ?Board?) hereby notifies its shareholders of the following changes to the board of directors:

*Mr Thys du Preez has tendered his resignation as alternate director to non-executive director, Mr Abrie Du Preez, with effect from 8 May 2017.

*Mr Ockert Goosen has been appointed as alternate director to non-executive director, Mr Abrie Du Preez, with effect from 8 May 2017.

*Mr Stephen Rushton has been appointed as alternate director to non-executive director, Mr Jerry Mabena, with effect from 8 May 2017.



25-Apr-2017
(C)
Revenue for the interim period increased by 9% to R465 million (2016: R428.2 million). Operating profit remained at R24.2 million (2016: R24.2 million). Profit for the period attributable to equity holders of the parent lowered by 5% to R18.3 million (2016: R19.2 million). In addition, headline earnings per share dropped by 4.9% to 20.22 cents per share (2016: 21.26 cents per share).



Dividend

Dividends are declared at the discretion of the board of directors after taking the financial position of the company into consideration. As a guideline, 80% of free cash flow is paid as a dividend. Based on this policy the directors determined that 1.63000 cents per share dividend will be paid to shareholders. An interim dividend of 1.58824 cents per share was paid for the comparative period.

01-Mar-2017
(Official Notice)
26-Jan-2017
(Official Notice)
The board of directors of the Efficient Group (?the Board?) hereby notifies its shareholders that Dr Steve Booysen, the independent non-executive chairman of the board, has been appointed as a member of the Audit and Risk Committee with effect from 25 January 2017.

25-Jan-2017
(Official Notice)
Shareholders are advised that, at the annual general meeting of Efficient held today, 25 January 2017, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
09-Jan-2017
(Official Notice)
Shareholders are referred to the notice of annual general meeting (?Notice?) and the form of proxy (?Proxy Form?) incorporated in the integrated annual report for the year ended 31 August 2016 distributed to shareholders on 30 November 2016. Shareholders are further referred to item number 8 of the Notice, ?Special resolution number 2: Approval of the non-executive directors? fees?, comprising two separate special resolutions, being special resolution number 2.1 and special resolution number 2.2.



Given the inadvertent exclusion of the two separate corresponding special resolutions under item 10 in the table set out in the Proxy Form, a revised Proxy Form incorporating special resolution number 2.1 and special resolution number 2.2 is available on the Company?s website, www.efgroup.co.za.



Shareholders are reminded that:

- the annual general meeting of shareholders of EFG will be held at 10:00 on Wednesday, 25 January 2017 at the head office of the Company, situated at 81 Dely Road, Hazelwood, Pretoria to transact the business stated in the Notice; and

- the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 20 January 2017.
15-Dec-2016
(Official Notice)
Further to the cautionary announcement dated 29 June 2016 and the subsequent renewals thereof, the last of which was dated 4 November 2016, shareholders are advised that negotiations in respect of the cancellation of a profit sharing agreement which would result in the acquisition of future profits for the company (?the Acquisition?) have been placed on hold due to the delays in fulfilling conditions to sign a binding agreement as well as changes to current market conditions.



Accordingly, the cautionary is withdrawn and caution is no longer required to be exercised when dealing in the company?s securities.





30-Nov-2016
(Official Notice)
Shareholders are advised that the integrated annual report for the year ended 31 August 2016 (?Integrated Annual Report?) was distributed to shareholders today, 30 November 2016 and contains no modifications to the Summarised Audited Financial Results published on SENS on 11 November 2016. The Integrated Annual Report is also available on the company?s website, www.efgroup.co.za.



Notice is hereby given that the annual general meeting of shareholders of EFG will be held at 10:00 on Wednesday, 25 January 2017 at the head office of the company, situated at 81 Dely Road, Hazelwood, Pretoria to transact the business stated in the notice of the annual general meeting, which is contained in the Integrated Annual Report.



The board of directors of the company determined the record date for the purposes of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting is Friday, 20 January 2017. Accordingly, the last day to trade EFG shares in order to be recorded in the register to be entitled to vote will be Tuesday, 17 January 2017.



11-Nov-2016
(C)
Revenue for the year increased to R880 million (2015: R716.2 million). Operating profit was higher at R49.4 million (2015: R32.6 million). Profit for the year attributable to equity holders of the parent was R37.5 million (2015: R30.7 million). Furthermore, headline earnings per share increased to 41.53 cents per share (2015: 32.32 cents per share).



Dividend

The directors determined that a final dividend of 5.47059 cents per share will be paid.



04-Nov-2016
(Official Notice)
Further to the cautionary announcement dated 29 June 2016 and the subsequent renewals thereof, the last of which was dated 23 September 2016, shareholders are advised that negotiations are still in progress in respect of the cancellation of a profit sharing agreement which would result in the acquisition of future profits for the Company, which if successfully concluded, may have a material effect on the price of the Company?s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities until a further announcement is made.



26-Oct-2016
(Official Notice)
Accordingly, a review by management of the financial results for the year ended 31 August 2016 has indicated that:

*earnings per share (?EPS?) is expected to be between 40.69 cents and 42.39 cents, reflecting an increase of between 20% and 25% compared to the EPS of 33.91 for the year ended 31 August 2015; and

*headline earnings per share (?HEPS?) is expected to be between 39.43 cents and 41.69 cents, reflecting an increase of between 22% and 29% compared to the HEPS of 32.32 cents for the year ended 31 August 2015.



The financial information on which this trading statement is based has not been reviewed or reported on by the company?s auditors. EFG?s financial results are expected to be released on SENS on or about 11 November 2016.

18-Oct-2016
(Official Notice)
The board of directors of EFG (?the Board?) wishes to advise shareholders that Efficient Capital Proprietary Limited (?Efficient Capital?), a wholly-owned subsidiary of EFG, has entered into a sale of a letting enterprise agreement (?Agreement?) with Midnight Storm Investments 299 (Pty) Ltd. (?Midnight Storm?) to purchase certain properties located in the province of Gauteng (?Rental Enterprise?) (?the Transaction?). Mr Heiko Weidhase, the Chief Executive Officer of EFG, is also a director of Midnight Storm and Efficient Capital.



The transaction

Nature of Midnight Storm

Midnight Storm is a property investments company.



Purchase consideration

The purchase consideration for the Transaction is an amount of R9.6 million.



Classification of the transaction and fairness opinion

The Transaction is considered to be a small related party transaction in terms of paragraph 10.7 of the JSE Listings Requirements (?Listings Requirements?). Consequently, the Transaction requires a fairness opinion (?Opinion?) from an independent professional expert acceptable to the JSE (?Independent Expert?) confirming that the terms thereof are fair as far as shareholders of EFG are concerned.



The company has appointed Merchantec Capital as the Independent Expert. Taking into consideration the terms and conditions of the Transaction, the Independent Expert is of the opinion that the Transaction is fair to EFG shareholders. The Opinion will be available for inspection at the company?s registered office for a period of 28 days from the date of this announcement.



Conditions precedent and effective date

All suspensive conditions to the Transaction have been fulfilled.



Per the Agreement, the effective date of the Transaction shall be the date of registration of the transfer of the Rental Enterprise into the name of Efficient Capital.



Financial information pertaining to the transaction

The carrying value of the net assets that are the subject of the Transaction as at 28 February 2016 was R5.7 million. The profit after tax attributable to the net assets that are the subject of the Transaction for the year ended 28 February 2016 was R225 000.



The board, who has considered the impact of the Transaction, confirms that the implementation thereof will have an insignificant impact on the financial information of EFG.



23-Sep-2016
(Official Notice)
Further to the cautionary announcement dated 29 June 2016 and the subsequent renewal of cautionary dated 12 August 2016, shareholders are advised that negotiations are still in progress in respect of the cancellation of a profit sharing agreement which would result in the acquisition of future profits for the company, which if successfully concluded, may have a material effect on the price of the company?s securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.





12-Aug-2016
(Official Notice)
Further to the cautionary announcement dated 29 June 2016, shareholders are advised that negotiations are still in progress in respect of the cancellation of a profit sharing agreement which would result in the acquisition of future profits for the Company, which if successfully concluded, may have a material effect on the price of the Company?s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company?s securities, until a further announcement is made.
01-Jul-2016
(Official Notice)
The board of directors of the Efficient Group (the ?Board?) hereby notifies its shareholders that Mr Christo Burger has tendered his resignation as an Efficient Group executive director with effect from 30 June 2016. Mr Burger?s resignation is due to increasing business commitments at Efficient Wealth Pty Ltd (?Efficient Wealth?), a wholly-owned subsidiary of the Efficient Group. A key focus of the Efficient Group is to, inter-alia, continue growing its distribution businesses through, Efficient Wealth.

29-Jun-2016
(Official Notice)
Shareholders are advised that EFG has entered into negotiations for the cancellation of a profit sharing agreement which would result in the acquisition of future profits for the company, 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.
11-May-2016
(Official Notice)
The board of directors of EFG advised shareholders that the company has appointed Merchantec Capital as Sponsor to the company, replacing Java Capital Trustees and Sponsors (Pty) Ltd., with effect from 1 June 2016.
05-May-2016
(C)
Revenue for the interim period grew by 24% to R428.2 million (2015: R344.6 million). Operating climbed by 67% to R24.2 million (2015: R14.5 million). Profit for the period attributable to equity holders of the parent widened by 50% to R19.2 million (2015: R12.8 million). Furthermore, headline earnings per share were 50% higher at 21.26 cents per share (2015: 14.11 cents per share).



Dividends

Dividends are declared at the discretion of the board of directors after taking the financial position of the company into consideration. As a guideline, 80% of free cash flow is paid as a dividend. The free cash flow of the group was significantly reduced by the acquisition activities of the Group in terms of the Select Manager transaction and working capital loan repayments. Based on this policy and the lower free cash flow the directors determined that 1.58824 cents per share dividend will be paid to shareholders. A dividend of 5.88235 cents per share was paid for the comparative period.



19-Apr-2016
(Official Notice)
Shareholders are referred to the trading statement released on SENS on Friday, 19 February 2016, wherein shareholders were advised that earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the six months ended 29 February 2016 were expected to be at least 50% higher than the company?s EPS and HEPS for the six months ended 28 February 2015. Shareholders are accordingly advised that EFG expects that:

*EPS for the six months ended 29 February 2016 will be 21.28 cents per share, being 51% higher than the EPS of 14.11 cents per share reported for the six months ended 28 February 2015; and

*HEPS for the six months ending 29 February 2016 will be 21.26 cents per share, being 51% higher than the HEPS of 14.11 cents per share reported for the six months ended 28 February 2015.



The information on which this trading statement has been based, has not been reviewed or reported on by the company?s auditors. The interim results for the six months ended 29 February 2016 will be published on SENS on or about 5 May 2016.
19-Feb-2016
(Official Notice)
Shareholders are advised that EFG?s earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the six months ending 29 February 2016 are expected to be at least 50% higher (being at least 7.06 cents per share higher) than the company?s EPS and HEPS reported for the six months ended 28 February 2015 (being 14.11 cents per share).



At this stage there is no reasonable degree of certainty regarding the range within which EPS and HEPS for the six months ending 29 February 2016 is likely to exceed EPS and HEPS for the six months ended 28 February 2015. More specific information, as required by the JSE Listings Requirements, will be provided to shareholders as soon as there is a reasonable degree of certainty.



The information on which this trading statement has been based has not been reviewed or reported on by the company?s auditors. The financial results for the six months ended 29 February 2016 will be published on or about 26 April 2016.

29-Jan-2016
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 28 January 2016 (in terms of the notice of annual general meeting dispatched to shareholders on 27 November 2015), all of the resolutions tabled thereat (other than ordinary resolution number 9, authorising the company to issue shares for cash and special resolution number 1, authorising the company to repurchase shares, both of which did not receive the requisite majority of votes required to pass the resolutions and ordinary resolution number 7 which was withdrawn at the meeting as Thys du Preez is not considered independent in terms of King III and as a result should not be a member of the Audit and Risk committee), were passed by the requisite majority of EFG shareholders.



Details of the results of voting at the annual general meeting are as follows:

*total number of EFG shares that could have been voted at the annual general meeting: 90 592 973; and

*total number of EFG shares that were present/represented at the annual general meeting: 85 701 579 being 94.60% of the total number of EFG shares that could have been voted at the annual general meeting.



27-Nov-2015
(Official Notice)
Shareholders are advised that the company?s integrated annual report, incorporating the summarised audited financial statements for the financial year ended 31 August 2015 (?Integrated Report?), was dispatched on Friday, 27 November 2015, and contains no changes to the summarised audited financial results for the year ended 31 August 2015, released on SENS on 13 November 2015. Shareholders are further advised that the full audited annual financial statements of the group for the year ended 31 August 2015 are available from the company?s registered office, 81 Dely Road, Hazelwood, Pretoria, 0081 and on the company?s website, www.efgroup.co.za.



Included in the Integrated Report is a notice of annual general meeting of shareholders of the company, which will be held in the boardroom at 81 Dely Road, Hazelwood, Pretoria, on Thursday, 28 January 2016 at 10:00. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Friday, 15 January 2016 and the record date for voting purposes is Friday, 22 January 2016.

13-Nov-2015
(C)
Revenue for the year ended 31 August 2015 more than doubled to R716.2 million (R233.4 million). Operating profit of R32.6 million ( R6.7 million) was recorded, and profit for the year attributable to equity holders of the parent was higher at R30.7 million (R6.0 million). Furthermore, headline earnings per share amounted to 32.32cps (9.37cps).



Dividend

The directors determined that a final dividend of 6.15000 cents per share will be paid.
13-Nov-2015
(Official Notice)
Shareholders are advised that, due to the appointment of Rudi Barnard as Chief Operating Officer of EFG he will step down from his current position as company secretary. Jonathan Nyahuye has, with effect from 1 December 2015, been appointed as company secretary in his stead.
21-Oct-2015
(Official Notice)
Shareholders are referred to the trading statement released on SENS on Monday, 17 August 2015, wherein shareholders were advised that earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the year ended 31 August 2015 were expected to be at least 20% higher than the company?s EPS and HEPS for the year ended 31 August 2014. Shareholders are accordingly advised that EFG expects:

* EPS for the year ended 31 August 2015 to be between 31.25 and 37.45 cents per share, being between 266% and 339% higher than the EPS of 8.53 cents per share reported for the year ended 31 August 2014; and

* HEPS for the year ending 31 August 2015 to be between 29.15 and 34.90 cents per share, being between 211% and 272% higher than the HEPS of 9.37 cents per share reported for the year ended 31 August 2014.



The audited results for the year ended 31 August 2015 will be published on SENS on or about 12 November 2015.
02-Sep-2015
(Official Notice)
Shareholders are referred to the dealings announcement released on 1 September 2015 and are advised that Dawie Roodt was granted clearance to deal.
17-Aug-2015
(Official Notice)
Shareholders are advised that EFG?s earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the year ending 31 August 2015 are expected to be at least 20% higher than the company?s EPS and HEPS reported for the year ended 31 August 2014. At this stage there is no reasonable degree of certainty regarding the range within which EPS and HEPS for the year ending 31 August 2015 is likely to exceed EPS and HEPS for the year ended 31 August 2014. More specific information, as required by the JSE Listings Requirements, will be provided to shareholders as soon as there is a reasonable degree of certainty.
14-Apr-2015
(C)
Revenue increased to R344.6 million (R45.9 million). Operating profit increased to R14.5 million (R1.1 million). Net attributable profit grew to R12.8 million (R2.9 million). In addition, headline earnings per share rose to 14.11cps (4.86cps).



Dividend

Dividends are declared at the discretion of the board of directors, after taking the financial position of the group into consideration. As a guideline, 80% of free cash flow is paid as a dividend. Based on this guideline the directors determined that an interim dividend of 5.88235 cents per share will be paid based on the interim results. No dividend was declared for the comparative period.



Prospects

With its expansionary and progressive strategy, as outlined in the company?s Integrated Report for the year ended 31 August 2014, the Efficient Group remains well positioned for future growth.

Our key focus areas remain:

*to optimise return on capital employed,

*to drive the organic growth of our core businesses and to enhance continuity across our business divisions,

*to successfully integrate the acquisitions made during the last 12 months,

*to successfully roll out Naviga Solutions.

08-Apr-2015
(Official Notice)
20-Mar-2015
(Official Notice)
Shareholders are advised that EFG?s earnings per share (?EPS?) for the six months ended 28 February 2015 (?current period?) are expected to be between 12.76 and 15.27 cents per share compared to the earnings per share of 5.61 cents per share for the six months ended 28 February 2014 (?comparative period?), which is between 127% and 172% higher than EPS for the comparative period. Headline earnings per share (?HEPS?) for the current period are expected to be between 12.76 and 15.27 cents per share compared to the headline earnings of 4.86 cents per share for the comparative period, which is between 163% and 214% higher than the HEPS for the comparative period.



The information on which this trading statement has been based has not been reviewed or reported on by the company?s auditors. EFG?s results for the six months ended 28 February 2015 will be announced on SENS on or about 15 April 2015.

24-Feb-2015
(Official Notice)
Shareholders are referred to the cautionary announcements released on SENS on 26 November 2014 and 13 January 2014, advising that EFG had issued a non-binding expression of interest relating to the possible acquisition of a financial services business. Shareholders are advised that discussions in this regard are still being held and shareholders should continue to exercise caution when dealing in their shares, until a further announcement is made by the company regarding progress made.

29-Jan-2015
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 29 January 2015 (in terms of the notice dispatched on Friday, 28 November 2014) all the resolutions tabled thereat were passed by the requisite majority of Efficient shareholders.
13-Jan-2015
(Official Notice)
Further Cautionary Announcement



Shareholders are referred to the cautionary announcement released on SENS on 26 November 2014, advising that EFG had issued a non-binding expression of interest relating to the possible acquisition of a financial services business. Shareholders are advised that discussions in this regard are still being held and shareholders should continue to exercise caution when dealing in their shares, until a further announcement is made by the company regarding progress made.
28-Nov-2014
(Official Notice)
Shareholders are advised that the company's integrated annual report, incorporating the summarised audited financial statements for the financial year ended 31 August 2014 ("Integrated Report"), was dispatched on Friday, 28 November 2014, and contains no changes to the summarised audited financial results for the year ended 31 August 2014, released on SENS on 13 November 2014. Shareholders are further advised that the full audited annual financial statements of the group for the year ended 31 August 2014 are available from the company's registered office, 81 Dely Road, Hazelwood, Pretoria, 0081 and on the company's website, www.efgroup.co.za.



Included in the Integrated Report is a notice of annual general meeting of shareholders of the company, which will be held in the boardroom at 81 Dely Road, Hazelwood, Pretoria, on Thursday, 29 January 2015 at 09h00.



The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Friday, 16 January 2015 and the record date for voting purposes is Friday, 23 January 2015.
26-Nov-2014
(Official Notice)
Shareholders are advised that Efficient has issued a non-binding expression of interest relating to the possible acquisition by the company of a financial services business. Shareholders should exercise caution when dealing in their shares until a further announcement is made by the company regarding progress made.
13-Nov-2014
(C)
Revenue for the year ended 31 August 2014 increased to R233.4 million (R79 million). Operating profit of R6.7 million ( R2.2 million) was recorded, and profit for the year attributable to equity holders of the parent was higher at R5.9 million (R2.5 million). Furthermore, headline earnings per share amounted to 9.37cps (11.75cps).



Dividend

Dividends are declared at the discretion of the board of directors, after taking the financial position of the group into consideration. As a guideline 80% of the free cash flow is paid as a dividend. Based on this policy the directors determined that a dividend of 2cps will be paid.



Prospects

In line with our strategy we will continue to concentrate on growing our business organically, delivering quality investment products and services to our client base Further key focus areas will be driving business revenue synergies and continuing the process of diversifying and expanding our business through appropriate transactions. Going forward, we expect our financial results to continue to improve as the recent transactions are bedded down, revenue growth continues to accelerate and we benefit from the scalability of our cost structure.



Changes to the board

During the period under review there was only one change to the membership of the board and that was the appointment of Christo Burger as an executive director of the company on 1 April 2014. Christo was supported by an alternate, Fred Liedtke, until 31 August 2014. Subsequent to year end Mariam Cassim resigned and her resignation follows from her employment resignation at Thebe Investment Corporation.
29-Oct-2014
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd., companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next will differ by at least 20% from the financial results for the previous corresponding period.



Shareholders are advised that Efficient?s earnings per share for the year ended 31 August 2014 ("current financial year") are expected to be between 8.19 and 9.86 cents per share compared to the earnings per share of 6.18 cents per share for the year ended 31 August 2013 ("comparative period"), which is between 33% and 60% higher than EPS for the comparative period. Headline earnings per share for the current financial year are expected to be between 8.99 and 10.69 cents per share compared to the headline earnings of 13.04 cents per share for the comparative period, which is between 31% and 18% lower than the HEPS for the comparative period.



Headline earnings for the current financial year is expected to be between R 5.9 million and R 7.1 million compared to headline earnings of R 5.3 million rand for the comparative period.



The lower headline earnings per share can be attributed to the larger number of shares in issue during the year ended 31 August 2014. During the current financial year the weighted average number of shares in issue was 66 062 364 shares compared to 40 759 533 shares for the comparative period.



The information on which this trading statement has been based has not been reviewed or reported on by the company?s auditors.



Efficient?s results for the year ended 31 August 2014 will be announced on SENS on or about 12 November 2014.
22-Aug-2014
(Official Notice)
Shareholders are advised that Fred Liedtke (alternate director to Christo Burger), has resigned from the board of directors of the company, with effect from 1 September 2014.
09-Apr-2014
(C)
Revenue increased to R45.9 million (R36.9 million). Operating profit decreased to R1.1 million (R2 million). Net attributable profit was recorded at R2.9 million (loss of R234 000). In addition, headline earnings per share decreased to 4.86cps (5.69cps).



Dividend

Considering the Group?s acquisition, investment and growth strategy, the board resolved to not declare a dividend.



Prospects

With its expansionary and progressive strategy, as outlined in the company?s previous Integrated Report for the year ended 31 August 2013, the Efficient Group remains well positioned for future growth. A key focus for the group for the next 6 to 12 months will be to ensure the successful roll out of Efficient Invest and the integration of VIS into the Efficient Group.



Change to the board of directors

Christo Burger was appointed as executive director to the board of Efficient Group from 7 March 2014 and Fred Liedtke as his alternate. On 8 April 2014 Mariam Cassim changed her board member status from non-executive director to alternate director for Jerry Mabena and she has also resigned as a member of the Remuneration, Ethics and Social Committee. Jerry Mabena was appointed as a member of the Remuneration, Ethics and Social Committee.



07-Apr-2014
(Official Notice)
Shareholders are referred to the rights offer to Efficient shareholders which closed on Friday, 4 April 2014 (the rights offer) and are advised that, in respect of the 17 500 000 new Efficient shares (rights offer shares) which were offered to shareholders and/or their renouncees, a total of 23 220 914 new Efficient shares, being 132.7% of the rights offer shares, were applied for in terms of the rights offer. Applications included excess applications for 5 866 536 new Efficient shares, of which 145 622 rights offer shares will be allocated equitably, taking cognisance of the number of shares and rights held by the shareholder immediately prior to such allocation, including those taken up as a result of the rights offer, and the number of excess shares applied for by such shareholder.



Dematerialised shareholders who have subscribed for rights offer shares will have their accounts debited and updated by their CSDP/broker on Monday, 7 April 2014. Certificated shareholders who have subscribed for rights offer shares will have share certificates posted to them on Wednesday, 9 April 2014. Dematerialised shareholders on the share register who applied for excess rights offer shares will have the excess shares allocated to them and credited to their accounts by their CSDP/broker on Wednesday, 9 April 2014. Certificated shareholders on the share register who applied for excess rights offer shares will have certificates and/or refund cheques posted to them on or about Wednesday, 9 April 2014. Following the issue of the 17 500 000 rights offer shares, the total issued share capital of the Company will increase to 70 946 493 shares.



18-Mar-2014
(Official Notice)
Shareholders were advised that Efficient's earnings per share for the six months ended 28 February 2014 is expected to be between 4.79 and 5.86 cents per share compared to the 0.57 cents loss per share for the six months ended 28 February 2013, and its headline earnings per share for the six months ended 28 February 2014 is expected to be between 4.12 and 5.05 cents per share compared to the headline earnings of 5.69 cents per share for the six months ended 28 February 2013. Efficient's results for the six months ended 28 February 2014 will be announced on SENS on or about 9 April 2014.
10-Mar-2014
(Official Notice)
07-Mar-2014
(Official Notice)
Shareholders are referred to the Efficient circular issued on 6 February 2014 relating to:

*the proposed acquisition by Efficient of all of the shares in Verso Investment Services Proprietary Limited (VIS) (the acquisition);

*upon implementation of the acquisition, the granting of financial assistance, as contemplated in section 45 of the Companies Act, 2008, by Efficient to VIS;

*the proposed specific issue of 937 500 Efficient shares for cash at a price of R1.60 per share to LLA Attorneys Incorporated in discharge of the Company?s obligation to make payment of a corporate advisory fee in relation to the acquisition, subject to the implementation of the acquisition;

*the proposed specific issue of 680 000 Efficient shares for cash at a price of R2.50 per share to employees of the VIS group, subject to the implementation of the acquisition; and

*the proposed specific issue of 1 624 400 Efficient shares for cash at a price of R2.50 per share to employees of the Efficient group,



and enclosing:

*a notice of general meeting of Efficient shareholders (the notice).



Shareholders are advised that at the Company?s general meeting held today at 81 Dely Road, Hazelwood, Pretoria:

*all shareholder resolutions set out in the notice were passed by the requisite majority of shareholders; and

*accordingly, with effect from 7 March 2014, Mr Christo Burger has been appointed as a director of the board of directors of the Company and Mr Fred Liedtke has been appointed as his alternate.

06-Mar-2014
(Official Notice)
07-Feb-2014
(Official Notice)
Shareholders are referred to the SENS announcement published on 20 November 2013 wherein it was advised that Efficient had concluded an agreement with Christoffel Philippus Burger, Nicolaas Elmar Burger, Walter William Borthwick, the trustees for the time being of the Burger Family Trust, the trustees for the time being of the Arend De Waal Trust, the trustees for the time being of the Aliki Trust, the trustees for the time being of the MJK Family Trust (the sellers), Verso Investment Services Pty Ltd (VIS), Verso Multimanager Proprietary Limited, Verso Securities Proprietary Limited, Verso Fiduciary Services Proprietary Limited, Martin James Kift, Paul Kirsten Louw and Arend Egbertus De Waal dated 18 November 2013 in terms of which, inter alia, Efficient, as the purchaser, has purchased from the sellers, all of the issued shares of VIS for an aggregate purchase price of R72 061 856. Given that the acquisition is classified as a Category 1 transaction by the JSE, the approval of Efficient shareholders is required for the acquisition.



Shareholders are advised that a circular, incorporating a notice of general meeting, was posted to shareholders on 6 February 2014. A general meeting of Efficient shareholders will be held at 10:00 on Friday, 7 March 2014 at the registered offices of Efficient (81 Dely Road, Hazelwood, Pretoria, 0081) to consider and, if deemed fit, pass with or without modification, the resolutions contained in the notice of general meeting attached to the circular.



The salient dates and times for the general meeting are set out below:

*Circular posted to Efficient shareholders (recorded in the register on Friday, 31 January 2014) and notice convening the general meeting released on SENS on: Thursday, 6 February 2014

*Notice convening the general meeting published in the press on: Friday, 7 February 2014

*Voting last day to trade in Efficient shares in order to be recorded in the register on the voting record date (see note 2 below) on: Friday, 21 February 2014

*Voting record date to vote at the general meeting being 17:00 on: Friday, 28 February 2014

*Last day for receipt of proxies for the Efficient shareholders? general meeting by 10:00 (see note 3 below) on: Wednesday, 5 March 2014

*Efficient shareholders? general meeting to be held at 10:00 on: Friday, 7 March 2014

*Results of general meeting released on SENS on: Friday, 7 March 2014
27-Jan-2014
(Official Notice)
Shareholders were advised that at the annual general meeting of Efficient shareholders held on Monday, 27 January 2014 (in terms of the notice of annual general meeting contained in the company?s integrated annual report issued on Friday, 29 November 2013), all of the resolutions tabled thereat were passed by the requisite majority of Efficient shareholders.
10-Dec-2013
(Official Notice)
Shareholders are advised that the company?s integrated annual report, incorporating the summarised audited financial statements for the financial year ended 31 August 2013 (Integrated Report), was dispatched on Friday, 29 November 2013, and contains no changes to the summarised financial results for the year ended 31 August 2013, released on SENS on 6 November 2013.



Shareholders are further advised that the full audited consolidated annual financial statements of the group for the year ended 31 August 2013 are available from the company?s registered office, 81 Dely Road, Hazelwood, Pretoria, 0081 and on the company's website, www.efgroup.co.za. Included in the Integrated Report is a notice of annual general meeting of shareholders of the company, which will be held in the boardroom at 81 Dely Road, Hazelwood, Pretoria, on Monday, 27 January 2014 at 10h00.

09-Dec-2013
(Official Notice)
Shareholders were advised that the company?s integrated annual report, incorporating the summarised audited financial statements for the financial year ended 31 August 2013 ("Integrated Report"), was dispatched on Friday, 29 November 2013, and contains no changes to the summarised financial results for the year ended 31 August 2013, released on SENS on 6 November 2013. Shareholders are further advised that the full audited consolidated annual financial statements of the group for the year ended 31 August 2013 are available from the company's registered office, 81 Dely Road, Hazelwood, Pretoria, 0081 and on the company?s website, www.efgroup.co.za. Included in the Integrated Report is a notice of annual general meeting of shareholders of the company, which will be held in the boardroom at 81 Dely Road, Hazelwood, Pretoria, on Monday, 27 January 2013 at 10h00.
20-Nov-2013
(Official Notice)
Following the publication of the financial effects of the transaction shareholders are no longer required to exercise caution when dealing in their shares in the company.

20-Nov-2013
(Official Notice)
11-Nov-2013
(Official Notice)
Shareholders are referred to the SENS announcement published on 13 August 2013 and the Efficient circular issued on 10 October 2013 wherein shareholders were advised that the Efficient board had reached agreement with Mr Robert Walton in terms of which 10 689 299 Efficient shares are to be issued to and subscribed for by Mr Robert Walton in cash at a price of R1.53 per share ("the transaction"). Mr Robert Walton is an executive director of Efficient. Shareholders are advised that at the company's general meeting held on 11 November 2013 at 81 Dely Road, Hazelwood, Pretoria all shareholder resolutions required to implement the transaction were passed by the requisite majority of shareholders.
06-Nov-2013
(C)
25-Oct-2013
(Official Notice)
Shareholders are referred to the trading statement released on SENS on Wednesday, 21 August 2013 and are advised that EFG expects:

* earnings per share for the year ended 31 August 2013 to be between 5.91 and 7.23 cents per share, being between 26.73 and 28.05 cents per share higher than the loss per share reported for the year ended 31 August 2012; and

* headline earnings per share for the year ending 31 August 2013 to be between 12.08 and 14.76 cents per share, being between 18.79 and 21.47 cents per share higher than the headline loss per share reported for the year ended 31 August 2012.



The audited results for the year ended 31 August 2013 will be published on SENS on or about 5 November 2013.
17-Oct-2013
(Official Notice)
Shareholders are advised that Efficient has entered into negotiations with a third party relating to Efficient potentially acquiring a financial services business from that third party 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.
11-Oct-2013
(Official Notice)
Shareholders are referred to the announcement released on SENS on 13 August 2013 regarding the appointment of Robert Walton as an executive director of Efficient as well as the proposed specific issue of 10 689 299 Efficient shares for cash to Robert Walton (the transaction). Shareholders are advised that a circular, incorporating a notice of general meeting, was posted to shareholders on 10 October 2013. A general meeting of Efficient shareholders will be held at 10:00 on Monday, 11 November 2013 at the registered offices of Efficient (81 Dely Road, Hazelwood, Pretoria, 0081) to consider and, if deemed fit, pass with or without modification the proposed resolutions necessary to implement the transaction.



The salient dates and times for the general meeting are set out below:

*Circular posted to Efficient shareholders (recorded in the register on Friday, 4 October 2013) and notice convening the general meeting released on SENS on Thursday, 10 October 2013

*Notice convening the general meeting published in the press on Friday, 11 October 2013

*Voting last day to trade in Efficient shares in order to be recorded in the register on the voting record date (see note 2 below) on Friday, 25 October 2013

*Voting record date to vote at the general meeting being 17:00 on Friday, 1 November 2013

*Last day for receipt of proxies for the Efficient shareholders? general meeting by 10:00 (see note 3 below) on Thursday, 7 November 2013

*Efficient shareholders? general meeting to be held at 10:00 on Monday, 11 November 2013

*Results of general meeting released on SENS on Monday, 11 November 2013

*Anticipated listing date of subscription shares Monday, 18 November 2013
10-Oct-2013
(Official Notice)
Shareholders are referred to the announcement released on SENS on 13 August 2013 regarding the appointment of Robert Walton as an executive director of Efficient as well as the proposed specific issue of 10 689 299 Efficient shares for cash to Robert Walton ("the transaction"). Shareholders are advised that a circular, incorporating a notice of general meeting, has been posted to shareholders. A general meeting of Efficient shareholders will be held at 10:00 on Thursday, 7 November 2013 at the registered offices of Efficient (81 Dely Road, Hazelwood, Pretoria, 0081) to consider and, if deemed fit, pass with or without modification the proposed resolutions necessary to implement the transaction. The salient dates and times for the general meeting are set out below:

*Circular posted to Efficient shareholders (recorded in the register on Friday, 4 October 2013) and notice convening the general meeting released on SENS on Thursday, 10 October 2013

*Voting last day to trade in Efficient shares in order to be recorded in the register on the voting record date on Friday, 25 October 2013

*Voting record date to vote at the general meeting being 17:00 on Friday, 1 November 2013

*Last day for receipt of proxies for the Efficient shareholders' general meeting by 10:00 on Thursday, 7 November 2013

*Efficient shareholders? general meeting to be held at 10:00 on Monday, 11 November 2013

*Results of general meeting released on SENS on Monday, 11 November 2013

*Anticipated listing date of subscription shares -- Monday, 18 November 2013
21-Aug-2013
(Official Notice)
Shareholders are advised that Efficient's earnings per share ("EPS") and headline earnings per share ("HEPS") for the year ending 31 August 2013 are expected to be at least 20% higher than the company's EPS and HEPS reported for the year ended 31 August 2012. Once Efficient obtains a reasonable degree of certainty regarding the range between the financial results for the year ending 31 August 2013 to be reported on next by the company and the financial results for the year ended 31 August 2012, as published, Efficient will issue a further announcement in that regard.
13-Aug-2013
(Official Notice)
06-Aug-2013
(Official Notice)
Shareholders were advised that, with effect from 5 August 2013, Mr Abraham Petrus du Preez has been appointed as a non-executive director of the board of directors of the company and Mr Mathys Machiel du Preez has been appointed as his alternate.
24-Apr-2013
(C)
Revenue increased to R36.9million (R26.3 million). Operating profit rose to R2 million (R226 000 ). Net attributable loss was recorded at R234 000 (profit of R133 000). In addition, headline earnings per share grew to 5.69c (0.32cps).



Dividend

The companys dividend policy is to declare dividends biannually at the discretion of the board of directors, determined by the financial position of the Group and equal to 80% of free cash flow of the Group. Free cash flow is calculated after making provision for cash reserves equal to three months operating expenses, capital expenditure and budgeted acquisitions. Based on this policy the directors determined that no interim dividend can be paid.











22-Apr-2013
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 21 February 2013, where it was stated that Efficient expected its earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ended 28 February 2013 to be at least 20% higher than EPS and HEPS for the previous corresponding period.



Subsequent to the trading statement released on SENS on 21 February 2013 and the withdrawal of cautionary announcement, dated 28 February 2013, Efficient and Thebe Investment Corporation (Pty) Ltd. ("TIC"), as joint shareholders in Thebe Stockbroking (Pty) Ltd. ("TS"), explored various avenues regarding the possibility of incorporating the TS business under the Efficient brand, unfortunately without success. The Efficient board, in the absence of exercising control over TS or a change in the strategic direction of that company, is not convinced that the future economic benefits from TS will exceed the carrying value of this investment. It was accordingly resolved to impair the investment in TS ("the impairment").



Efficient expects HEPS to be between 5.12 cents and 6.26 cents for the six months ended 28 February 2013, compared to HEPS of 0.32 cents for the six months ended 29 February 2012("comparative period"). As a result of the impairment Efficient advised that it expects the loss per share ("LPS") to be between 0.52 cent and 0.63 cent compared to EPS of 0.33 cents for the comparative period.



Efficient's results for the six months ended 28 February 2013 will be announced on SENS on or about 24 April 2013.
10-Apr-2013
(Official Notice)
Shareholders are advised that Mr Joe Rosen has been appointed as an independent non-executive director of the company with immediate effect.
28-Feb-2013
(Official Notice)
Shareholders were referred to the previous announcements released on SENS relating to the possible acquisition by Efficient of Thebe Investment Corporation (Pty) Ltd's 74.9% shareholding in Thebe Stockbroking (Pty) Ltd. (the "proposed transaction").



Shareholders were advised that negotiations between the parties in regard to the proposed transaction have been terminated. Accordingly shareholders are no longer required to exercise caution when dealing in their securities in the company.
21-Feb-2013
(Official Notice)
Shareholders were advised that Efficient's earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ending 28 February 2013 are expected to be at least 20% higher than the company's EPS and HEPS reported for the six months ended 29 February 2012.



Once Efficient obtains reasonable certainty regarding a range to describe the difference between the financial results for the six months ended 28 February 2013 to be reported on by the company and the six months ended 29 February 2012, as published, Efficient will issue a further announcement in that regard.
14-Feb-2013
(Official Notice)
Shareholders were referred to the cautionary announcement released on SENS on 3 January 2013 relating to the possible acquisition by Efficient of Thebe Investment Corporation (Pty) Ltd's 74.9% shareholding in Thebe Stockbroking (Pty) Ltd. (the "transaction").



Shareholders were advised that the parties are still in the process of concluding formal binding legal agreements in respect of the transaction, at which time a detailed announcement containing the full terms of the transaction will be announced.



Accordingly shareholders were advised to continue to exercise caution when dealing in their securities in the company until a further announcement is made.
28-Jan-2013
(Official Notice)
Shareholders are advised that at the annual general meeting of EFG shareholders held on Monday, 28 January 2013, all the resolutions as proposed at the meeting were passed by the requisite majority of shareholders.
03-Jan-2013
(Official Notice)
Shareholders were referred to the cautionary announcement released on SENS on 16 November 2012 and were advised that Efficient has entered into a non-binding Memorandum of Understanding ("MOU") with Thebe Investment Corporation (Pty) Ltd. ("TIC") regarding the possible acquisition by Efficient of TIC's 74.9% shareholding in Thebe Stockbroking (Pty) Ltd. ("Thebe Stockbroking") (the "transaction"). The MOU allows for Efficient to conduct a due diligence investigation into Thebe Stockbroking prior to the conclusion of formal binding legal agreements in respect of a transaction, at which time a detailed announcement containing the full terms of the transaction will be announced. Accordingly shareholders were advised to continue to exercise caution when dealing in their securities in the company until a further announcement is made.
30-Nov-2012
(Official Notice)
Shareholders are advised that the company?s integrated annual report, incorporating the summarised audited financial statements for the financial year ended 31 August 2012 (Integrated Annual Report of the company), was dispatched today (Friday, 30 November 2012), and contains no changes to the condensed reviewed group financial statements for the year ended 31 August 2012, released over SENS on 9 November 2012. Shareholders are further advised that the full audited annual financial statements of the group for the financial year ended 31 August 2012 are available on the company?s website, www.efgroup.co.za.



Included in the Integrated Annual Report of the company is a notice of annual general meeting of shareholders of the company, which will be held in the boardroom at 81 Dely Road, Hazelwood, Pretoria, at 10:00 on 28 January 2013.
16-Nov-2012
(Official Notice)
Shareholders were advised that Efficient 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 full announcement is made.
09-Nov-2012
(C)
Revenue for the year ended 31 August 2012 increased to R55.4 million (2011: R48.8 million). Operating loss of R3.1 million (2011: profit of R3.6 million) was recorded, and loss for the year attributable to equity holders of the parent was at R8.4 million (2011: profit of R3.1 million). Furthermore, headline loss per share amounted to 6.71cps (2010: headline earnings per share of 7.77cps).



Dividend

A dividend of 2.60 cents per share was paid on 5 December 2011 from profits generated in the 2011 financial year. No dividend was declared in respect of the 2012 financial year.



Prospects

Efficient Advise, our financial planning business, continued to make solid progress during the financial year, especially in the expansion of our distribution footprint across South Africa and in the expansion of its client base. Efficient Advise now has representation through branches and advisory agencies in all nine provinces across South Africa. During the year under review, 19 financial advisers joined Efficient Advise, growing the number of advisers to 36. Further infrastructure and support services have been put in place to underpin this divisions rapid expansion. Going forward the focus will remain on increasing the number of advisors whilst ensuring that at Group level, through increased spending on branding, advertising and the roll-out of technology, we assist this distribution network to grow client numbers and revenue.

08-Oct-2012
(Official Notice)
Shareholders were advised that, with effect from 8 October 2012, non-executive director Mr Mickey Giles has resigned from the board of directors of Efficient for personal reasons. Mr Giles was also the chairperson of the company's audit and risk committee and, although the board remains duly constituted, his resignation does create a vacancy on this committee. As an interim measure, the board has resolved to appoint Ms Mariam Cassim, a non-independent non-executive director, to fill this vacancy and has furthermore nominated Ms Lynette Taylor, a current member of the audit and risk committee and an independent non-executive director, to act as interim chairperson. The board's nominations committee has already commenced the process to find a replacement for Mr Giles.
21-Sep-2012
(Official Notice)
EFG's headline loss per share (HLPS) for the year ended 31 August 2012 is expected to be between 6.6 and 8.0 cents per share. That is between 14.4 and 15.8 cents lower than the 7.8 cents headline earnings per share (HEPS) reported for the year ended 31 August 2011. The company's loss per share (LPS) for the year ended 31 August 2012 is expected to be between 18.3 and 22.4 cents per share. That is between 26.1 and 30.2 cents lower than the 7.8 cents earnings per share (EPS) reported for the year ended 31 August 2011.



The loss per share for the year under review is as a result of costs relating to the company's investment in its brand and distribution network as well as the impairment of the company's minority interest in a stockbroker that also reported a loss for the period under review. The information on which this trading statement has been based has not yet been reviewed or reported on by the company's auditors. EFG?s results for the year ended 31 August 2012 will be announced on SENS on or about 8 November 2012.
06-Sep-2012
(Official Notice)
Shareholders were advised that, with effect from 5 September 2012, non-executive director Mr Ronald Paterson has resigned from the board of directors of Efficient. The board of directors of Efficient remains duly constituted and the replacement of Mr Paterson will be considered in due course.
31-Aug-2012
(Official Notice)
Shareholders are advised that, with effect from 30 August 2012, Mr Jerry Mabena has been appointed as a non-executive director to the board and a member of the Nominations, and Business Development Committees of Efficient.
19-Jun-2012
(Official Notice)
Shareholders are advised that, with immediate effect, Ms Lindiwe Gadd has resigned from her position as a non-executive director on the board of Efficient.
30-Mar-2012
(C)
Revenue increased by 1% to R26.3 million (R26.1 million). Operating profit declined by 94% to R0.2 million (R3.7 million). Net attributable profit decreased to R0.1 million (R2.7 million). In addition, headline earnings per share fell to 0.32c (6.80cps).



Dividend

No interim dividend has been declared.
15-Mar-2012
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 2 March 2012 wherein Efficient stated that it was not in a position to give the specific guidance required by the JSE Listings Requirement for a trading statement but that the company expected its earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ended 29 February 2012 to be at least 20% lower than EPS and HEPS for the previous corresponding period. Efficient is now in a position to advise that it expects EPS to be between 0.30cps and 0.36cps and HEPS to be between 0.29cps and 0.35cps for the six months ended 29 February 2012, compared to EPS and HEPS of 6.8 cents in both instances for the six months ended 28 February 2011. The group's unaudited interim results for the six months ended 29 February 2012 are expected to be released on SENS on or about 30 March 2012.
02-Mar-2012
(Official Notice)
Efficient's earnings per share and headline earnings per share for the six months ended 29 February 2012 to be reported on by Efficient is expected to be at least 20% lower than the earnings per share and headline earnings per share for the six months ended 28 February 2011, as published. Once Efficient obtains reasonable certainty regarding a range to describe the difference between the financial results for the six months ended 29 February 2012 to be reported on by Efficient and the six months ended 28 February 2011, as published, Efficient will issue a further announcement in that regard.
01-Dec-2011
(Official Notice)
30-Nov-2011
(Official Notice)
Shareholders are advised that the company's integrated report, incorporating the summarised audited annual financial statements for the financial year ended 31 August 2011 ("Integrated Report of the company"), was dispatched today, 30 November 2011. Shareholders are further advised that the Integrated Report of the company as well as the complete audited annual financial statements are available on the company's website via the link: http://www.efgroup.co.za/Document.aspx?sReference=1

The annual financial statements contain no changes to the condensed audited consolidated annual financial statements for the year ended 31 August 2011, which were released on SENS on 9 November 2011. Included in the Integrated Report of the company is a notice of annual general meeting for the company, which will be held in the boardroom at 81 Dely Road, Hazelwood, Pretoria, at 10:00 on 23 January 2012 ("Annual General Meeting").



The general meeting of shareholders of the company to be convened for the purpose of considering the requisite special resolution authorising the directors to issue ordinary shares in the company to Hewett pursuant to the related party transaction, will be held at 81 Dely Road, Hazelwood, Pretoria at the later of 11h00 and the conclusion of the Annual General Meeting on 23 January 2012.

09-Nov-2011
(C)
Revenue for the year ended 31 August 2011 increased to R48.8 million (2010: R44 million). Operating profit rose to R3.6 million (2010: R3.2 million), but profit for the year attributable to equity holders of the parent decreased to R3.1 million (2010: R4.5 million). Furthermore, headline earnings per share fell to 7.77cps (2010: 11.40cps).



Cash dividend

The company's dividend policy is to pay a dividend equal to 80% of the free cash flow generated by the group. An interim dividend of 2.85cps was paid on 11 April 2011 and a final dividend of 2.60cps was approved by the directors on 8 November 2011.



Notice of AGM

Shareholders were advised that the EFG integrated report will be distributed on 25 November 2011 and will contain the notice to the annual general meeting for the company which will be held in the EFG boardroom at 81 Dely road, Hazelwood, Pretoria on Friday, 23 January 2012 at 10:00.
06-Sep-2011
(Official Notice)
Efficient's earnings per share ("EPS") and headline earnings per share ("HEPS") for the year ended 31 August 2011 is expected to be between 7.2 and 8.7 cents per share. That is between 4.2 and 2.7 cents lower than the 11.4 cents EPS and HEPS reported for the year ended 31 August 2010. Efficient's results for the year ended 31 August 2011 will be announced on SENS on or about 8 November 2011.
16-Mar-2011
(C)
Revenue increased by 32% from R19.8 million to R26.1 million in 2011. Profit attributable to ordinary shareholders increased to R2.7 million (2010: R1.2 million). Headline earnings per share increased by 130% to 6.80cps (2010: 2.96cps).



Dividend

The group's dividend policy is to declare dividends bi-annually at the discretion of the board of directors, determined by the financial position of the group and equal to 80% of the free cash flow of the group. Free cash flow is calculated after making provision for a cash reserve equal to three months operating expenses, capital expenditure and budgeted acquisitions. Based on this policy, the directors calculated the interim dividend of R1.138 million (2.85 cents per share).



Prospects

The group's strategy is focused on:

*Diversifying revenue streams through vertical integration;

*Enhancing distribution through the development of the distribution network, a focused sales approach and brand building;

*Commercialising the client administration system to create an additional income stream.
15-Mar-2011
(Official Notice)
Shareholders are hereby advised of the appointment of Ms Lynette Taylor as an independent non-executive director to the board of directors of Efficient with effect from 15 March 2011. Lynette will also serve on the audit and risk committee as well as the business development committee.
04-Mar-2011
(Official Notice)
Efficient's headline earnings per share ("HEPS") for the six months ended 28 February 2011 is expected to be between 5.9 and 7.2 cents per share that is between 2.94 and 4.24 cents higher than the 2.96 cents HEPS reported for the six months ended 28 February 2010. EFG's results for the six months ended 28 February 2011 will be announced on SENS on or about 16 March 2011.
28-Feb-2011
(Permanent)
Efficient Financial Holdings Ltd. has been renamed to Efficient Group Ltd. effective on 28 February 2011.
17-Feb-2011
(Official Notice)
Shareholders are referred to the announcement dated 4 February 2011 and are advised that registration of the special resolution by the Companies and Intellectual Property Registration Office ("CIPRO"), relating to the change of name of the company from "Efficient Financial Holdings Ltd" to "Efficient Group Limited" passed at the annual general meeting of the company's shareholders held on 21 January 2011, has now been registered by CIPRO. Accordingly, the salient dates and times relating to the company's change of name will be as follows:



*Last day to trade under the name "Efficient Financial Holdings Limited" on -- Friday, 25 February 2011

*Trade under the new name Efficient Group Ltd, abbreviated name "Efficient", sharecode "EFG" and ISIN ZAE000151841, on JSE commences on -- Monday, 28 February 2011

*Record date -- Friday, 4 March 2011

*Dematerialised shareholders will have their accounts at their CSDP or broker updated on -- Monday, 7 March 2011

*New certificates will be issued to certificated shareholders who have surrendered their documents of title together with a surrender form before 12h00 on the record date on -- Monday, 7 March 2011



Note:

Share certificates in the name of "Efficient Financial Holdings Ltd" will not be able to be de-materialised or re-materialised after Friday, 25 February 2011; Share certificates in the name of "Efficient Financial Holdings Ltd" surrendered after 12h00 on the record date will have replacement certificates in the name of "Efficient Group Ltd" posted within five days of receipt.
04-Feb-2011
(Official Notice)
Shareholders are referred to the announcement dated 21 January 2011 and are advised that registration of the special resolution by the Companies and Intellectual Property Registration Office ("CIPRO"), relating to the change of name of the company from "Efficient Financial Holdings Ltd" to "Efficient Group Ltd" passed at the annual general meeting of the company's shareholders, is still pending. Accordingly, the salient dates and times relating to the change of name as set out in the announcement released on SENS on 21 January 2011 and published in the press on 25 January 2011 will be revised. The revised salient dates and times will be announced on SENS as soon as possible after the special resolution has been registered by CIPRO.
21 Jan 2011 17:09:07
(Official Notice)
Shareholders are advised that, at Efficient's annual general meeting on Friday, 21 January 2010, all of the resolutions contained in the notice of annual general meeting, were passed unanimously. The special resolution relating to the change of name of the company to Efficient Group Ltd and the share code from "EFF" to "EFG" will be lodged with the Companies and Intellectual Property Registration Office for registration.



Salient dates for name change

*Finalisation announcement released on SENS on Friday, 4 February 2011

*Last day of trade under old name on Friday, 11 February 2011

*Trading in the new name of Efficient Group Ltd, abbreviated name "Efficient", share code "EFG" and ISIN ZAE000151841, on JSE commences on Monday 14, February 2011

*Record date in respect of change of name -- Friday, 18 February 2011

*New certificates will be issued to certificated shareholders who have surrendered their documents of title together with a surrender form before 12h00 on the record date on Monday, 21 February 2011



The above dates and times are South African and are subject to change. Any changes will be notified on SENS.
21 Jan 2011 17:07:51
(Official Notice)
Shareholders are advised that, with effect from 1 February 2011, iThemba Governance and Statutory Solutions (Pty) Ltd has resigned as company secretary of Efficient. Adv Rudi Barnard has been appointed as the new company secretary of Efficient.
11 Nov 2010 17:40:00
(C)
Revenue for the year ended August 2010 increased to R44 million (R40.8 million), operating profit fell slightly to R3.2 million (R3.3 million). Profit attributable to ordinary shareholders dropped to R4.5 million (R4.8 million). Furthermore, headline earnings per share contracted to 11.40cps (12.82cps).



Dividend

A final dividend of 5 cents per ordinary share has been declared



Strategy

In the new financial year the group strategy will focus on the following key areas:

*Diversifying revenue streams through our vertical integration strategy.

*Enhancing distribution through the development of the distribution network, a focused sales approach and brand building.

*Commercialising the client administration system to create an additional income stream
11 Nov 2010 17:12:37
(Official Notice)
Shareholders are informed that Mr Ed Hern, non-executive member of the board, having been elected to retire by rotation in terms of the company's articles of association, will not make himself available for re-election to the board at the AGM to be held on 21 January 2011.
09 Sep 2010 10:02:23
(Official Notice)
A consortium led by Efficient Capital (Pty) Ltd, a subsidiary of Efficient, approached Sharemax Investments (Pty) Ltd ("Sharemax") with a view to concluding an arrangement pursuant to which, inter alia, shareholders of selected property syndication companies (individually the "PSC" and collectively the "PSC's") (the "investors") managed by Sharemax would be presented with various proposals by the consortium regarding the PSC's, including the consortium acquiring management control of the PSC's. This arrangement was not concluded and discussions were terminated on the 27th of August 2010. Investors of each PSC have the right to request the company secretary of such PSC to convene a meeting of shareholders. Dawie Roodt and Steve Booysen, directors of Efficient, are willing to attend such a meeting to discuss proposals regarding the future of the PSC and to avail themselves as directors of the PSC, if so requested by any investor/s of the PSC.
30 Aug 2010 17:35:19
(Official Notice)
Efficient announced the appointment of Mrs Luncile Zee Cele as an independent non-executive director to the board of EFH, she has also been appointed a member of the company's audit committee. The appointment is made with effect from 30 August 2010.
26 Mar 2010 08:25:10
(Official Notice)
Revenue decreased by 18% from R24.3 million to R19.8 million in 2010. Profit attributable to ordinary shareholders was recorded at R1.2 million (2009: R4.2 million). Headline earnings per share decreased to 2.96cps (2009: 11.71cps).



Dividend

No interim dividend was declared for the period under review.



Prospects

The group's strategy will be focused on the following key areas:

*The further roll-out of Financial Services through the development of the relationships with professional service providers.

*Continuous product innovation.

*Enhancing our information technology integration and capabilities.

*Consolidating the Asset Management division.

*Increasing the marketing and distribution capabilities across all areas.

*Diversifying income base to improve earnings stability.
18 Mar 2010 15:05:29
(Official Notice)
Shareholders were advised of the appointment of Mr RS Mogototoane, the legal officer at Thebe Investment Corporation (Pty) Ltd (a major shareholder of EFH), as an alternate director to Mrs L Gadd, a non-executive director of EFH and the resignation of Mrs L Whitfield as a non-executive director of EFH and her appointment as an alternate director to Mr R Paterson, a non-executive director of EFH, with immediate effect.
26 Jan 2010 16:56:30
(Official Notice)
Shareholders are hereby advised of the resignation of Mr MC Khwinana as a non- executive director of EFH with effect from 1 February 2010.
26 Jan 2010 08:04:10
(Media Comment)
Efficient said at its AGM that it expects headline earnings per share for the interim period to February 2010 to increase to 2.7c-3.2c from 1.08c previously, indicating that the worst of the economic slump is over. Business Day also noted that Efficient is also very positive about its new Naviga investment product, which aims to get a greater share of the retail market.
22 Jan 2010 17:43:12
(Official Notice)
At the annual general meeting of shareholders of EFH held on Friday, 22 January 2010 (in terms of the notice of annual general meeting contained in the EFH annual report issued on 27 November 2009), all of the ordinary resolutions were passed by the requisite majority of EFH shareholders present or represented by proxy at the annual general meeting.
22 Jan 2010 10:05:09
(Official Notice)
EFH's headline earnings per share ("HEPS") for the six months ending 28 February 2010 is expected to be between 2.7 cents and 3.2 cents per share ("forecast HEPS") compared to 11.7 cents per share for the six months ended 28 February 2009 ("comparative period"). Although the forecast HEPS is lower than that of the comparative period, it is expected to be between 1.6 cents and 2.1 cents higher than the HEPS achieved in the six months ended 31 August 2009. The strong performance of the JSE in recent months is already impacting positively on EFH's results. The financial information on which this trading statement is based has not been reviewed or reported on by EFH's auditors. EFH's results for the six months ending 28 February 2010 will be announced on SENS on or about 31 March 2010.
08 Jan 2010 15:04:49
(Official Notice)
Notice is hereby given that the annual general meeting of members of Efficient Financial Holdings Ltd, registration number 2006/036947/06, will be held in Efficient Financial Holdings boardroom at 81 Dely Road, Hazelwood, Pretoria on Friday, 22 January 2010 at 10h00. Shareholders based in Cape Town are welcome to participate in the annual general meeting via video conferencing facilities which will be available in the boardroom of the company at 15th Floor, Triangle House, 22 Riebeek Street, Cape Town.

27 Nov 2009 16:09:44
(Official Notice)
Efficient's maiden full-year results as a listed a company showed revenue of R40.8 million. Operating profit amounted to R3.3 million and net attributable profit was R4.8 million. In addition, headline earnings per share came in at 12.82cps.



Notice of AGM

Efficient's annual report was dispatched and contains a notice of AGM for the company which will be held in the Efficient boardroom at 81 Dely Road, Hazelwood, Pretoria on Friday, 22 January 2010 at 10h00.



Outlook

Since March 2009, the JSE ALSI enjoyed an increase in equity prices and this bodes well for the group, if sustained. The 'rolling period' and 'high watermark' nature of the performance fee calculation of many of the group's unit trust funds, will also benefit the group in its next financial year.
31 Aug 2009 16:41:36
(Official Notice)
Dr Steve Booysen has accepted the role of non-executive chairman of Efficient. Ms Linda Whitfield accepted the position of non-executive director. Linda serves as a director on a number of property and development companies. She is an HR consultant and training specialist. Mr Dawie Roodt will step down as chairman, a position he has filled since the inception of the company in 2002. He will continue as an executive director and chief economist of Efficient.
13 Aug 2009 17:46:15
(Official Notice)
Management expects EFH's headline earnings per share for the 12 months ending 31 August 2009 to be between 11 cents and 13 cps (2008: 65.34 cps). EFH's results for the period will be announced on SENS on or about 27 November 2009.
07 Aug 2009 15:42:22
(Official Notice)
Shareholders are advised that, with effect from 5 August 2009, Anton de Klerk has resigned in his capacity as company secretary of Efficient, in order to focus solely on his duties as financial director. iThemba Governance and Statutory Solutions (Pty) Ltd has been appointed as company secretary of Efficient.
28 May 2009 17:44:58
(C)
Revenue decreased from R44.78 million to R24.29 million in 2009. Headline earnings on a per share basis decreased to 11.71cps (50.29cps). No interim dividend was declared for the period under review.



Prospects

As mentioned, financial services are currently mainly offered through a partnership with PKF (Cape Town). Strategic development plans entail rolling out financial services to other Professional Service Providers. Supplementary to the expansion plans of the Financial Services division, EFH is in the process of acquiring 100% of FH Financial Services which,while having a negligible impact on historic pro-forma headline earnings, could bring significant investment business income to the group. This transaction falls below the JSE Listings Requirements threshold for categorisation. Subsequent to the interim period, the JSE ALSI enjoyed an increase in equity prices. If sustained, this bodes well for the company. The "rolling period" and "high watermark" nature of the performance fee calculations of many of the group's unit trust funds will however only benefit the company in its next financial year.
08-Dec-2016
(X)
The Efficient Group is a diversified financial services group focused on providing professional advice, custom-designed products and quality service across the entire financial services value chain. Our offering includes financial planning services, asset management, asset consulting, asset administration, fiduciary services and advisory services. These products and services are offered to clients throughout South Africa.


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