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12-Oct-2017
(C)
05-Oct-2017
(Official Notice)
A review of the financial results for the six months ended 31 August 2017 by the directors of the company has indicated that both basic and headline earnings per share are expected to increase to between 12.4 cents and 13.0 cents per share compared to 6.7 cents per share for the six months ended 31 August 2016, representing a percentage improvement of between 85% and 94%.



Finbond?s unaudited results for the interim period ended 31 August 2017 are expected to be released on SENS on or before 13 October 2017.
04-Sep-2017
(Official Notice)
Shareholders of Finbond are advised that the National Consumer Tribunal ("NCT"), handed down judgment in favour of Finbond?s subsidiary, Finbond Mutual Bank (?FMB?), in the matter between the National Credit Regulator ("NCR") and FMB as the First Respondent (?the Referral?).



The Referral, which the NCR unilaterally initiated in 2015, primarily alleged that FMB?s customers were required to pay unreasonable premiums for the provision of credit life insurance in contravention of Section 106 (2) of the National Credit Act (?NCA?), was unanimously dismissed by a full panel of the NCT.



In its unanimous judgment dismissing the Referral, the NCT inter alia also pointed out that:

1. FMB was entitled to require its consumers to maintain credit life insurance; and

2. No evidence was presented by the NCR which justifies the NCT to make a finding that the insurance offered by FMB to its customers is unreasonable.



A copy of the judgment can be requested from our Group Head: Legal, Mr Rudi Hinze, at rudi@finbondgroup.com.
21-Aug-2017
(Official Notice)
Shareholders of Finbond (?Finbond Shareholders?) are referred to the firm intention announcement released by Finbond on the stock exchange news service (?SENS?) of the JSE Ltd. on 26 May 2017 and the circular posted to Finbond Shareholders on 29 June 2017, relating to the mandatory offer required to be made to Finbond Shareholders by RVF (?Offer?) and the announcement released on SENS on 27 July 2017, that the offer is unconditional.



The Offer closed at 12:00 on Friday, 18 August 2017. The comparable offer to the holders of share appreciation awards (?SAAs?) in terms of the Finbond Share Appreciation Rights Scheme (?Comparable Offer?), closed at the same time.



Shareholders are hereby advised that in terms of the Offer, RVF received acceptances from Finbond Shareholders holding 6 182 660 Finbond shares, constituting approximately 0.79% of the current issued ordinary shares of Finbond. In terms of the Comparable Offer, RVF received acceptances from all the holders of SAAs.



Prior to the Offer and as disclosed in the circular, RVF and its concert parties held 36.81% of the issued share capital of Finbond at that time. Subsequent to the closing of the Offer, RVF holds approximately 37.65% of the issued share capital of Finbond.
27-Jul-2017
(Official Notice)
Shareholders of Finbond (Finbond Shareholders) are referred to the firm intention announcement released by Finbond on the stock exchange news service of the JSE Ltd. on 26 May 2017 and the circular posted to Finbond Shareholders on 29 June 2017, relating to the mandatory offer required to be made to Finbond Shareholders by RVF (?Offer?).



As set out in paragraph of the firm intention announcement and paragraph 5.9.2 of the circular, the Offer is conditional upon all and any requisite regulatory approvals.



Offer unconditional

Finbond Shareholders are advised that all the required regulatory approvals have been obtained and that the Offer is consequently unconditional in accordance with its terms. As the Offer is still open for at least 10 business days, the closing date of the Offer does not require extension, and shall accordingly remain Friday, 18 August 2017.
17-Jul-2017
(Official Notice)
Shareholders are referred to the company?s announcement on the Stock Exchange News Service (?SENS?) dated 23 June 2017 and 13 July 2017, relating to the declaration of a gross cash dividend of 7.28 cents per share (?cash dividend?) for the year ended 28 February 2017. Shareholders were, however, entitled to elect to receive a capitalisation share issue alternative of 2.20812 for every 100 ordinary shares, to ordinary shareholders recorded in the Finbond register on the record date, being Friday, 14 July 2017 (?capitalisation share issue award?).



Ordinary shareholders representing 5.03% (or five comma zero three per cent) of ordinary shares elected to receive the cash dividend, resulting in a total dividend paid of R2 769 820.40 with the balance of ordinary shareholders receiving the capitalisation share issue award, for which 15 874 409 ordinary shares are to be issued, being approximately 2.08% of the current issued ordinary share capital of the Company.



The maximum number of 16 488 702 ordinary shares were listed on Wednesday, 12 July 2017, and accordingly 614 293 ordinary shares will be delisted in due course. The electronic funds transfers, CSDP or broker accounts have been credited/ updated today, 17 July 2017.
13-Jul-2017
(Official Notice)
Shareholders are referred to the company?s announcement on the Stock Exchange News Service (?SENS?) dated 23 June 2017, in which the company declared a gross cash dividend of 7.28 cents per share (?cash dividend?) for the year ended 28 February 2017. Shareholders will, however, be entitled to elect to receive a capitalisation share issue alternative of 2.20812 for every 100 ordinary shares, to ordinary shareholders recorded in the Finbond register on the record date, being Friday, 14 July 2017 (?capitalisation share issue award?).



The ratio of entitlement is based on the volume weighted average traded price per Finbond ordinary share on the JSE Ltd. over the five trading days up to and including 26 May 2017, of 329.69200 cents per share, which will be the issue price per Finbond share (?the issue price?).



Shareholders were advised that where a shareholder?s entitlement to new ordinary shares calculated in accordance with the capitalisation issue share award formula gives rise to a fraction of a new ordinary share, such entitlement will be rounded down to the nearest whole number resulting in allocations of whole securities and a cash payment to the shareholder for the fraction. Any fractional entitlement payment will also be subject to 20% dividend withholding tax.



The fraction rate is 279 cents per share and has been calculated at 310 cents per share, the volume weighted average price of a Finbond share traded on the JSE on Wednesday, 12 July 2017 (being the day on which the Finbond share began trading ?ex? the entitlement to receive the capitalisation share issue award or cash dividend alternative), discounted by 10% in accordance with schedule 18 of the JSE listings requirements. The net fraction rate paid will be 223.20 cents per share, unless dividend withholding tax exemptions apply.



Example of fractional entitlement

Assuming a shareholder holds 100 Finbond shares on Tuesday 11 July 2017 (Last day to trade), unless the shareholder elects to receive cash dividends, the shareholder will receive 100 *2.20812 / 100 = 2.20812 shares. This is rounded down to 2 shares. The fraction of 0.20812 shares is paid at the fraction rate 279 cents per share = 58.06 cents per share before a deduction for any dividend withholding tax is applicable.
05-Jul-2017
(Official Notice)
30-Jun-2017
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of shareholders of the company held on Friday, 30 June 2017, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the integrated report for the year ended 28 February 2017, were passed by the requisite majority of shareholders present and voting, in person or by proxy.



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

*Total number of issued ordinary shares: 762 210 879

*Total number of issued ordinary shares net of treasury shares (?Total Votable Ordinary Shares?): 746 729 865

*Total number of issued ordinary shares which were present/represented at the annual general meeting: 680 116 767 being 91.08% of the Total Votable Ordinary Shares.

29-Jun-2017
(Official Notice)
Shareholders of Finbond (Finbond shareholders) are referred to the firm intention announcement released by Finbond on the stock exchange news service of the JSE Ltd. (SENS) on 26 May 2017, regarding the mandatory offer required to be made to all Finbond shareholders by RVF.



Shareholders are advised that the combined offer circular dated 29 June 2017, containing full details of the mandatory offer made to Finbond shareholders by RVF and incorporating the Finbond independent board?s opinion on such mandatory offer (the ?Combined Offer Circular?) has been distributed to Finbond shareholders.



Copies of the Combined Offer Circular will be made available for inspection during normal office hours at the registered office of Finbond, from today, 29 June 2017 to Friday, 18 August 2017 and the Combined Offer Circular is also available on the company?s website: www.finbondlimited.co.za.



Important dates and times

The important dates and times relating to the mandatory offer are set out in the timetable below. Words and expressions in the timetable and notes thereto shall have the same meaning as assigned to them in the Combined Offer Circular

*Record date to be entitled to receive this Circular on Thursday, 15 June 2017

*Circular posted to Shareholders and announced on SENS on Thursday, 29 June 2017

*Opening Date for acceptance at 09:00 on Friday, 30 June 2017

*Last Day to Trade in Finbond Shares in order to accept the Offer on Tuesday, 15 August 2017

*Finbond Shares trade ex the entitlement to accept the Offer on Wednesday, 16 August 2017

*Record date on Friday, 18 August 2017

*Receipt of acceptances and closing of Offer by 12:00 on Friday, 18 August 2017

*Payment date on Monday, 21 August 2017

*Results of the Offer announcement released on SENS and settlement of Offer on Monday, 21 August 2017

*Results of the Offer announced in the press on Tuesday, 22 August 2017







26-Jun-2017
(Official Notice)
Shareholders of Finbond are referred to the firm intention announcement released by Finbond on the stock exchange news service of the JSE on 26 May 2017, regarding the mandatory offer required to be made to all Finbond shareholders by RVF.



The announcement indicated that the Combined Offer Circular would be distributed to Finbond Shareholders by no later than today, 26 June 2017. Shareholders are advised that due to exchange control approval for the Combined Offer Circular taking longer to be obtain than expected, the regulatory approvals and printing of the Combined Offer Circular are still being finalised and it will be distributed on or about Thursday, 29 June 2017.
23-Jun-2017
(Official Notice)
08-Jun-2017
(Official Notice)
Shareholders are hereby advised that Finbond has distributed its summarised financial statements for the financial year ended 28 February 2017 to shareholders. The audited annual financial statements have been made available on www.finbondlimited.co.za and remain unchanged from the audited results published by the company on SENS on 17 May 2017.



Notice is hereby given that the annual general meeting of Finbond will be held at Protea Hotel Fire - Ice Menlyn, 213 Thys Street, Menlyn, Pretoria on Friday, 30 June 2016 at 10:00, to transact the business as set out in the notice of the annual general meeting circulated together with the summarised financial statements.



The last day to trade to be eligible to vote at the annual general meeting is Tuesday, 20 June 2017 and the record date for determining those shareholders entitled to vote at the annual general meeting is Friday, 23 June 2017.



05-Jun-2017
(Official Notice)
Finbond shareholders are referred to the cautionary announcement released on 16 February 2017 and subsequently renewed on 31 March 2017 and 19 May 2017. Finbond shareholders are referred to the joint announcement by the Company and Riskowitz Value Fund LP (?RVF?), released on SENS on 26 May 2017, regarding the firm intention of RVF to make a mandatory offer to Finbond shareholders and containing the terms of the RVF mandatory offer. Accordingly shareholders are advised that caution is no longer required to be exercised by shareholders when dealing in Finbond securities.
29-May-2017
(C)
Interest income jumped 252% to R568.1 million (R161.4 million). Profit attributable to owners shot up 142% to R138.7 million (R57.3 million). Furthermore, headline earnings per share rose 77% to 18.6 cents per share (10.5 cents per share).



Dividend

The board has approved the declaration of a dividend from retained earnings of 7.28 cents per share (?Cash Dividend?). Shareholders will, however, be entitled to elect to receive a capitalisation share issue alternative (?the Capitalisation Issue Alternative?). If no election is made, the Cash Dividend will be paid.



The circular related to the Cash Dividend and Capitalisation Issue Alternative will be distributed to shareholders in due course.



Company Looking Ahead

The challenging and difficult macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates are not expected to abate in the short and medium term.



However, we remain confident that we have the required resources and depth in management to overcome these challenges and remain optimistic about our prospects for the future due to Finbond?s: Improvement achieved in earnings and profitability despite difficult market conditions; Improvement achieved in cash generated from operating activities; Management expertise; Strong Cash Flow; Strong Liquidity and surplus cash position; Uniquely positioned 379 branch network in South Africa and 171 branches in North America; Superior Asset Quality; Access to funding; Conservative Risk Management and growth potential in the Micro Finance and Banking markets in the lower end of the market both in South Africa and North America.



We believe that the evolution from a short term Micro Finance Institution to a Bank in South Africa and our continued expansion into the North American Short Term Lending market in the implementation of our strategic action plan will ensure that we achieve good results in the medium and long term.
26-May-2017
(Official Notice)
19-May-2017
(Official Notice)
Finbond shareholders are referred to the cautionary announcement released on 16 February 2017 and 31 March 2017, and advised that the discussions entered into is still ongoing and which, if successful, may have a material effect on the price of the Company's securities. Accordingly shareholders are advised to continue to exercise caution when dealing in Finbond securities until a further announcement is made.
05-Apr-2017
(Official Notice)
A review of the financial results for the year ended 28 February 2017 by the directors of the Company has indicated that:

- headline earnings per share will increase to between 17.43 cents and 19.36 cents per share, representing a percentage improvement of between 65.68% and 84.03% compared to the 10.52 cents per share reported for the prior year; and

- earnings per share will increase to between 17.32 cents and 19.25 cents per share, representing a percentage improvement of between 79.48% and 99.48% compared to the 9.65 cents per share reported for the prior year.



These increases are mainly due to Finbond?s successful expansion into the North American market.



Finbond?s audited results for the period ended 28 February 2017 are expected to be released on SENS on or before 29 May 2017.
31-Mar-2017
(Official Notice)
Finbond shareholders are referred to the cautionary announcement released on 16 February 2017, and advised that the discussions entered into is still ongoing and which, if successful, may have a material effect on the price of the company's securities. Accordingly shareholders are advised to continue to exercise caution when dealing in Finbond securities until a further announcement is made.

10-Mar-2017
(Official Notice)
Finbond advised shareholders of the resignation of Mr Robert Emslie, as Director from the boards of Finbond and Finbond Mutual Bank effective 10 March 2016.
16-Feb-2017
(Official Notice)
Finbond shareholders are advised that the company has entered into discussions which, if successful, may have a material effect on the price of the company's securities.



Accordingly shareholders are advised to exercise caution when dealing in Finbond securities until a further announcement is made.
31-Oct-2016
(Official Notice)
20-Oct-2016
(Official Notice)
03-Oct-2016
(C)
12-Sep-2016
(Official Notice)
A review of the financial results for the six months ended 31 August 2016 by the directors of the company has indicated that both basic and headline earnings per share are expected to increase to between 6.5 cents and 6.9 cents per share compared to 4.8 cents per share for the six months ended 31 August 2015, representing a percentage improvement of between 35% and 44%. Finbond?s unaudited results for the interim period ended 31 August 2016 are expected to be released on SENS on or before 3 October 2016.
29-Jun-2016
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of shareholders of the company held on Tuesday, 28 June 2016, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the integrated report for the year ended 29 February 2016, were passed by the requisite majority of shareholders present and voting, in person or by proxy.



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

*Total number of issued ordinary shares: 762 210 879

*Total number of issued ordinary shares net of treasury shares (?Total Votable Ordinary Shares?): 748 020 207

*Total number of issued ordinary shares which were present/represented at the annual general meeting: 675 893 365 being 90.36% of the Total Votable Ordinary Shares.



30-May-2016
(Official Notice)
Shareholders are hereby advised that Finbond has distributed its Integrated Annual Report incorporating its Audited Annual Financial Statements for the financial year ended 29 February 2016 to shareholders. The Audited Annual Financial Statements remain unchanged from the audited results published by the company on SENS on 20 April 2015.



Notice is hereby given that the annual general meeting of Finbond will be held at Protea Hotel Fire - Ice Menlyn, 213 Thys Street, Menlyn, Pretoria on Tuesday, 28 June 2016 at 10:00, to transact the business as set out in the notice of Annual General Meeting circulated together with the Integrated Annual Report.



27-May-2016
(Official Notice)
Finbond Group Ltd. to advises shareholders of the resignation of Mr. Gary Sayers as Financial Director of Finbond with effect from 30 June 2016.



Shareholders are advised that Mr. Corne Eksteen has been appointed and will assume the role of Financial Director of Finbond from 1 July 2016.



20-Apr-2016
(C)
Interest income rose by 11% to R161.4 million (2014: R145.5 million). Profit attributable to owners of the parent grew by 13% to R57.3 million (2014: R50.9 million). Furthermore, headline earnings per share increased by 23% to 10.6 cents per share (2014: 8.6 cents per share).



Dividend

Notice is hereby given that a gross ordinary dividend of 3.4 cents per share (2015: 3.4 cents) has been declared out of income reserves on 20 April 2016 in respect of the financial year ended 29 February 2016 and is payable to ordinary shareholders.



Looking Ahead

The challenging and difficult macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates are not expected to abate in the short and medium term. However, Finbond remains confident that it has the required resources and depth in management to successfully confront and overcome these various challenges.



The group remains positive about its prospects for the future due to Finbond?s: Improvement achieved in earnings and profitability despite difficult market conditions, Improvement achieved in cash generated from operating activities, Management expertise; Strong Cash Flow; Strong Liquidity and surplus cash position; Uniquely positioned 344 Branch Network in South Africa and 91 Branches in North America; Superior Asset Quality; Access to funding; Conservative Risk Management and Growth potential in the Micro Finance and Banking markets in the lower end of the market. Finbond believes that the evolution from a short term micro finance institution to a Bank in South Africa and our expansion into the North American short term lending market in the implementation of strategic action plan will ensure that the company achieves results in the medium and long term.



Finbond plans for a continued rise in revenue ? fee income on banking products will start contributing for the first time ? and the company is expecting the first year of inclusion of the North American acquisitions to result in healthy earnings growth for the group. The company's business is in a development and growth phase and, as with all growing businesses, real risks remain.

14-Apr-2016
(Official Notice)
A review of the financial results for the year ended 29 February 2016 by the directors of the Company has indicated that headline earnings per share is expected to increase to between 10.2 cents and 10.9 cents per share compared to 8.6 cents per share for the year ended 28 February 2015, representing a percentage improvement of between 19% and 27%.



The financial information on which this trading statement is based has not been reviewed or reported on by Finbond?s auditors. Finbond?s audited results for the period ended 29 February 2016 are expected to be released on SENS on or before 20 April 2016.

14-Mar-2016
(Official Notice)
26-Feb-2016
(Official Notice)
Shareholders are referred to the rights offer declaration and finalisation data announcement released on SENS on Friday, 12 February 2016 which stated that, pursuant to the underwriting agreement between Finbond and Midbrook Lane (Pty) Ltd. (?Midbrook?), Finbond Chief Executive Officer, Dr Willie van Aardt through Kings Reign Investments (Pty) Ltd. (?KRI?), irrevocably committed to follow his rights and to subscribe for R75 000 000 (22 455 090 rights offer shares). Shareholders are further advised that in addition to Dr van Aardt, the directors of the board of Finbond as well as the Company Secretary, who own shares in the Company, will be following their respective rights in terms of the rights offer.
12-Feb-2016
(Official Notice)
05-Feb-2016
(Official Notice)
18-Jan-2016
(Official Notice)
Shareholders are advised of the appointment to the board, with immediate effect, of Mr Carel van Heerden.
29-Sep-2015
(C)
Interest income increased by 14% to R79 million (2014: R69.1 million). Profit before taxation shot up by 71% to R42.2 million (2014: R24.7 million), while profit attributable to owners of the parent grew by 40% to R28.2 million (2014: R20.2 million). Furthermore, headline earnings per share was up 45% at 4.8cps (2014: 3.3cps).



Dividend

No interim dividend has been declared.



Prospects

It is not expected that the challenging macro-economic environment will improve, nor will the adverse market conditions within which Finbond operates, abate in the short and medium term.) However, we remain confident that we have the required resources, and depth at Executive Management and Board level, to successfully confront and overcome these various challenges.



Finbond remain positive about our prospects for the future due to the following:

*Improvement achieved in earnings and profitability, despite difficult market conditions;

*Improvement achieved in cash generated from operating activities;

*Management expertise and Board guidance;

*Strong Cash Flow;

*Strong Liquidity and surplus cash position;

*Uniquely positioned 321 Branch Network;

*Superior Asset Quality;

*Access to funding;

*Ability to leverage the existing cost platform, while diversifying income streams;

*Conservative Risk Management; and

*Growth potential in the underserviced lower end of the banking market.



Finbond?s strong capital position, significant surplus cash, robust liquidity and funding profile, together with its conservative approach to risk management, position the business well both in adverse market conditions and as markets improve. References to future financial performance included anywhere in this announcement have not been reviewed or reported on by the Group?s external auditors.
18-Sep-2015
(Official Notice)
A review of the financial results for the six months ended 31 August 2015 by the directors of the company has indicated that:



Both basic and headline earnings per share are expected to increase to between 4.5 cents and 5.1 cents per share compared to 3.3 cents per share for the six months ended 31 August 2014, representing a percentage improvement of between 36.4% and 54.5%.



Finbond?s results for the interim period ended 31 August 2015 are expected to be released on SENS on or before 30 September 2015.
30-Jun-2015
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of shareholders of the company held on Monday, 29 June 2015, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the integrated report for the year ended 28 February 2015, were passed by the requisite majority of shareholders present and voting, in person or by proxy.
05-Jun-2015
(Official Notice)
Shareholders are hereby advised that Finbond has distributed its Integrated Annual Report incorporating its Audited Annual Financial Statements for the financial year ended 28 February 2015 to shareholders. The Audited Annual Financial Statements remain unchanged from the audited results published by the Company on SENS on 16 April 2015.



Notice is hereby given that the Annual General Meeting of Finbond will be held at Lombardy Estate, Plot no. 4, Lynnwood Road, Tweefontein, 1033, Pretoria on Monday, 29 June 2015 at 10:00, to transact the business as set out in the notice of Annual General Meeting circulated together with the Integrated Annual Report.

20-Apr-2015
(Official Notice)
Finbond advised shareholders of the resignation of Ms Dora du Plessies of Sekretari Company Statutory Services (Pty) Ltd., as company secretary of the Company, with effect from 17 April 2015. Given the growing size and complexity of the Group and its operations, the Board of Finbond felt it in the interests of the Group to no longer outsource the company secretarial function, but rather to utilise a dedicated internal resource. Accordingly, with immediate effect the board has appointed Mr Ben Bredenkamp (B.Com (Accounting), LLB, Post-Graduate Certificate in Advanced Taxation), who joined the Groups Legal and Compliance Department in 2013, to assume the role of company secretary.
16-Apr-2015
(C)
Interest income soared to R145.5 million (R93 million). Profit attributable to owners of the parent rose by 38% to R50.9 million (R36.9 million). In addition, headline earnings per share grew to 8.6cps (5.6cps).



Dividend

Notice is hereby given that a gross ordinary dividend of 3.4 cents per share (2014: 2.1 cents) has been declared out of income reserves on 16 April 2015 in respect of the financial year ended 28 February.



Prospects

The challenging and difficult macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates, are not expected to abate in the short and medium term. However, we remain confident that we have the required resources and depth in management to successfully confront and overcome these various challenges.



Finbond remains positive about the prospects for the future due to the following key aspects of the business:

*Improvement achieved in earnings and profitability despite difficult market conditions;

*Improvement achieved in cash generated from operating activities;

*Management expertise;

*Strong Cash Flow;

*Strong Liquidity and surplus cash position;

*Uniquely positioned 286 Branch Network;

*Superior Asset Quality;

*Access to funding;

*Strong Capital Adequacy;

*Ability to leverage the existing cost platform while diversifying income streams;

*Conservative Risk Management; and

*Growth potential in the Micro Finance and Mutual Banking markets arising from the exit of certain competitors in recent times.



Finbond?s strong capital position, significant surplus cash, robust liquidity and funding profile together with its conservative approach to risk management, position the business well both in adverse market conditions and as markets improve.
10-Apr-2015
(Official Notice)
In terms of the listing Requirements of the JSE Ltd. companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the next period to be reported on will differ by more than 20% from that of the previous corresponding period. A review of the financial results for the year ended 28 February 2015 by the directors of the Company has indicated that:

*Headline earnings per share is expected to increase to between 8.0 cents and 9.0 cents per share compared to 5.6 cents per share for the year ended 28 February 2014, representing a percentage improvement of between 43% and 60%.

*Basic earnings per share is expected to increase to between 7.8 cents and 9.0 cents per share compared to 6.1 cents per share for the year ended 28 February 2014, representing a percentage improvement of between 28% and 47%.



The financial information on which this trading statement is based has not been reviewed or reported on by Finbond?s auditors. Finbond?s results for the period ended 28 February 2015 are expected to be released on SENS on or before 16 April 2015.
05-Dec-2014
(Official Notice)
Shareholders are referred to the announcement published by the Company on SENS on 14 May 2014 regarding the potential acquisition by Finbond of 70% of the shares in AIC Holding Company Proprietary Limited ("African Unity Holdings") ("the Transaction"). The Transaction was conditional upon the fulfilment of various conditions precedent, including obtaining regulatory approvals, by no later than 30 November 2014. Due to delays with regards to the regulatory approvals, these regulatory approvals have not been obtained and accordingly the conditions precedent have not been fulfilled. The parties have not agreed to extend the date for the fulfilment of the conditions precedent. In the future the parties may consider concluding a similar transaction although no discussions are currently ongoing. Finbond and African Unity Holdings do however intend to explore mutually beneficial opportunities to do business together.
30-Oct-2014
(Official Notice)
Shareholders are advised that Global Credit Ratings ("GCR") has today, 30 October 204, upgraded Finbond's national scale long term rating to BBB-(ZA), with the outlook accorded as Stable.



GCR has accorded the above credit rating(s) to Finbond ("Finbond", "the group") based on the following key criteria:



Finbond's growing franchise as a leading player in mutual banking and short-term microfinance, providing short- and medium-term credit, insurance and savings products through its 281 branches. Adequate capital, conservative credit/risk management, and improving profitability/earnings diversification (despite regulatory risk) support the rating, which excludes the prospect of systemic support, given its low likelihood. The rating outlooks consider Finbond's prospects/strategic direction, within the context of the negative consumer health, debt affordability, and credit trends.



The ratings upgrade was achieved in difficult and challenging market conditions and in an environment which has been characterised by recent ratings downgrades.
18-Sep-2014
(C)
Interest income soared by 80% to R69.1 million (2013: R38.4 million). Profit before taxation shot up by 50% to R24.7 million (2013: R16.5 million), while profit attributable to owners of the parent grew by 46% to R20.2 million (2013: R13.8 million). Furthermore, headline earnings per share was 45% at 3.3cps (2013: 2.3cps).



Dividend

No interim dividend has been declared.



Prospects

The challenging macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates, are not expected to abate in the short and medium term. However, Finbond remain confident that they have the required resources, and depth at Executive Management and Board level to successfully confront and overcome these various challenges.



Finbond remains positive about their prospects for the future due to Finbond's:

* Improvement achieved in earnings and profitability despite difficult market conditions;

* Improvement achieved in cash generated from operating activities;

* Management expertise and Board guidance;

* Strong Cash Flow;

* Strong Liquidity and surplus cash position;

* Uniquely positioned 281 Branch Network;

* Superior Asset Quality;

* Access to funding;

* Conservative Risk Management; and

* Growth potential in the underserviced lower end of the banking market.



Finbond's strong capital position, significant surplus cash, robust liquidity and funding profile together with its conservative approach to risk management, position the business well both in adverse market conditions and as markets improve.
16-Sep-2014
(Official Notice)
In terms of the listing Requirements of the JSE Limited companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the next period to be reported on will differ by more than 20% from that of the previous corresponding period. A review of the financial results for the six months ended 31 August 2014 by the directors of the Company has indicated that:



Both basic and headline earnings per share are expected to increase to between 3.1 cents and 3.5 cents per share compared to 2.3 cents per share for the six months ended 31 August 2013, representing a percentage improvement of between 34.8% and 52.2%.



The financial information on which this trading statement is based has not been reviewed or reported on by Finbond?s auditors. Finbond?s results for the interim period ended 31 August 2014 are expected to be released on SENS on or before 19 September 2014.
27-Jun-2014
(Official Notice)
The board of Finbond advises that at the Annual General Meeting of shareholders on 27 June 2014, all the resolutions as set out in the notice of Annual General Meeting contained in the Company's 2014 Annual Report, were duly approved by the requisite majority.
29-May-2014
(Official Notice)
Shareholders are hereby advised that Finbond has posted its Integrated Annual Report incorporating its Audited Annual Financial Statements for the financial year ended 28 February 2014 to shareholders today, 29 May 2014. The Audited Annual Financial Statements remain unchanged from the audited results published by the company on SENS on 28 March 2014.



Notice is hereby given that the Annual General Meeting of Finbond will be held at Lombardy Estate, Plot no.4, Lynnwood Road, Tweefontein, 1033, Pretoria on Friday, 27 June 2014 at 10:00, to transact the business as set out in the notice of Annual General Meeting circulated together with the Integrated Annual Report.
14-May-2014
(Official Notice)
Finbond shareholders are advised that the cautionary announcement published on SENS on 29 April 2014 is hereby withdrawn.
14-May-2014
(Official Notice)
29-Apr-2014
(Official Notice)
Shareholders are advised that the company is currently involved in negotiations regarding a potential acquisition that if concluded, could have a material effect on the price of Finbond's shares. Shareholders are therefore advised to exercise caution in dealing with the shares of Finbond until such time that a further announcement is made.
28-Mar-2014
(C)
Interest income soared to R93 million (R51.2 million). Net attributable profit rose by more than 50% to R36.9 million (R20.7 million). In addition, headline earnings grew to 5.6cps (3.1cps).



Dividend

A gross final ordinary dividend of 2.1cps has been declared.



Outlook

The challenging and difficult macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates, are not expected to abate in the short and medium term. However, Finbond remain confident that it has the required resources and depth in management to successfully confront and overcome these various challenges.



Management remains positive about Finbond's prospects for the future due to

Finbond's:

*Improvement achieved in earnings and profitability despite difficult market conditions;

*Improvement achieved in cash generated from operating activities;

*Management expertise;

*Strong Cash Flow;

*Strong Liquidity and surplus cash position;

*Uniquely positioned 200 Branch Network;

*Access to funding;

*Conservative Risk Management; and

*Growth potential in the Micro Finance and Mutual Banking markets in the lower end of the market.



Finbond's strong capital position, significant surplus cash, robust liquidity and funding profile together with its conservative approach to risk management, position the business well both in adverse market conditions and as markets improve.

13-Mar-2014
(Official Notice)
Shareholders are advised that basic earnings per share are expected to increase to between 6.1 cents and 6.7 cents per share compared to 3.6 cents per share for the year ended 28 February 2014, representing a percentage improvement of between 69% and 86%. Finbond expects consolidated headline earnings per share of between 5.5 cents and 6.1 cents compared to headline earnings per share of 3.1 cents reported for the year ended 28 February 2013. These numbers represent an improvement in headline earnings per share of between 77% and 97%. This improvement occurred notwithstanding a 4% increase in the weighted average number of shares in issue of the company, from 581 504 702 to 605 025 250 that took place during the financial year.



Finbond is currently preparing its audited results for the year ended 28 February 2014 and the company's auditors are completing their audit of these results. It is expected that the company will announce the audited results for 2014 on 31 March 2014.
03-Mar-2014
(Official Notice)
Shareholders are advised that the JSE Ltd. ("JSE") has approved the transfer of the listing of the company's ordinary shares from the Alternative Exchange to the Main Board of the JSE under the 'Banks' sector with effect from Monday, 24 March 2014.
25-Nov-2013
(Official Notice)
Finbond advised shareholders that Mr Danie Pentz has retired from Finbond and resigned as a director of Finbond with immediate effect. The board of Finbond wishes to thank Mr Pentz for the valuable contributions that he has made to the company during his tenure as a director.
19-Sep-2013
(C)
Operating profit for the interim period shot by 51% to R20.6 million (2012: R13.6 million). Total comprehensive income attributable to owners of the company jumped by 49.2% to R13.8 million (2012: R9.3 million), while headline earnings per share grew by 15% to 2.3cps (2012: 2cps).



Dividend

No interim dividend has been declared.



Prospects

The challenging and difficult macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates, are not expected to abate in the short and medium term. However, Finbond remain confident that they have the required resources and depth in management to successfully confront and overcome the various challenges facing Finbond.



The company remain positive about their prospects for the future due to Finbond's:

* Improvement achieved in earnings and profitability,

* Improvement achieved in cash generated from operating activities,

* Mutual Banking License and the growth and development of Finbond Mutual Bank;

* Management expertise;

* Strong Cash Flow;

* Strong Liquidity position;

* Uniquely positioned 179 Branch Network;

* Access to funding; and

* Untapped potential in the Micro Finance and Mutual Banking markets.



Finbond believes that the evolution from a Micro Finance Institution to a Mutual and Savings Bank in the implementation of their strategic action plan will ensure that they achieve results in the medium and long term.
12-Sep-2013
(Official Notice)
A review of the financial results for the six months ended 31 August 2013 by the directors of the Company has indicated that:

*Basic earnings are expected to increase to between 2.2 cents and 2.4 cents per share as opposed to 1.9 cents per share for the six months ended 31 August 2012, on a fully diluted basis, representing a percentage improvement of between 15.8% and 26.3%. Finbond expects to report headline earnings of between 2.2 cents and 2.4 cents per share as opposed to 2.0 cents per share for the six months ended 31 August 2012, on a fully diluted basis, which would represent a percentage improvement of between 10% and 20%. This improvement occurred notwithstanding a 24.8% increase in the weighted average number of shares in issue of the company, from 478 200 113 to 596 905 870.

*Finbond expects to report Net Profit Attributable to Ordinary Shareholders of between ZAR 12 906 573 and ZAR 14 761 097 as opposed to ZAR 9 272 622 for the six months ended 31 August 2012, which would represent a percentage improvement of between 39.2% and 59.2%.



The financial information on which this trading statement is based has not been reviewed or reported on by Finbond?s auditors. Finbond?s results for the interim period ended 31 August 2013 are expected to be released on SENS before 30 September 2013
12-Sep-2013
(Official Notice)
Shareholders were advised that Mr Daniel Johannes Brits [B. Comm. MBA] has been appointed as an independent non- executive director and member of the audit and risk committees of Finbond with immediate effect.
01-Jul-2013
(Official Notice)
The board of Finbond advises that at the Annual General Meeting of shareholders on Friday, 28 June 2013, all the resolutions as set out in the notice of Annual General Meeting contained in the company's 2013 Annual Report, were duly approved by the requisite majority.



29-May-2013
(Official Notice)
Shareholders were advised that Finbond has posted its integrated annual report incorporating its audited annual financial statements for the financial year ended 28 February 2013 to shareholders today, 29 May 2013. The audited annual financial statements remain unchanged from the audited results published by the company on the Securities Exchange News Service of the JSE Ltd. on 17 May 2013.



Notice was given that the Annual General Meeting of members of Finbond will be held in the Jakaranda Ballroom in the Sheraton Hotel, corner of Church and Wessels Streets, Pretoria at 10:00 on Friday, 28 June 2013, to transact the business as set out in the notice of annual general meeting circulated together with the annual financial statements.
17-May-2013
(Official Notice)
Finbond advised shareholders that Mrs. Ina Wilken- Jonker will retire, with effect from 1 June 2013, as an executive director of Finbond.



However, Mrs. Wilken-Jonker will continue to serve on the board of Finbond in the capacity of a non-executive director.
17-May-2013
(C)
Operating profit increased to R29.7 million (R28.2 million). Profit attributable to owners grew to R20.7 million (R13.6 million). Furthermore, headline earnings per share turned around to 3.1cps (loss of 1.3cps).



Dividend

It is the group's policy to consider the declaration of a dividend annually.



Given the Finbond growth prospects and expansion plans the board of directors decided not to declare a dividend for the year ended 28 February 2013 but to rather invest surplus capital in banking systems and technology and towards increasing the branch network.



Prospects

The challenging and difficult market conditions in the markets within which Finbond operates, are not expected to abate in the short and medium term. However, the group is confident that it has the required resources and depth in management to successfully confront and overcome these challenges and that its client base and various sources of revenue will continue to grow.



The group is positive about its prospects for future growth due to Finbond's:

*Significantly improved earnings to date,

*Significantly improved revenue to date,

*Strong growth prospects over the next 5 - 10 years

*Proven Business Model

*Strategic position following the establishment of Finbond Mutual Bank;

*Management expertise;

*Low Gearing;

*Strong Cash Flow;

*Strong Low Risk Liquidity position;

*Uniquely positioned 172 Branch Network

*Access to funding; and

*Untapped potential in the Micro Credit and Mutual Banking markets.



Finbond believes that the evolution from a Micro Finance Institution to a Mutual and Savings Bank in the implementation of its strategic action plan will ensure that it achieves results in the medium and long term.
25-Apr-2013
(Official Notice)
Shareholders are advised that Finbond expects, for the year ended 28 February 2013, to report consolidated fully diluted headline earnings per share of between 2.96 cents and 3.22 cents compared to a fully diluted headline loss per share of 1.3 cents reported for the year ended 29 February 2012. These numbers represent an improvement in headline earnings per share of between 328% and 348%. This improvement occurred notwithstanding a 52% increase in the weighted average number of shares in issue of the company, from 382 025 250 to 581 504 702 that took place on 12 March 2012 shortly after the commencement of the financial year.



Finbond is currently preparing its results for the year ended 28 February 2013 and the Company's auditors are completing their audit of these results. Finbond will publish these results on SENS before the end of May 2013.
07-Mar-2013
(Official Notice)
Shareholders were advised that Mr Robert Emslie [B Comm Law (1979), Hons Acc (1982), CA (SA) (1983)] has been appointed as an independent non-executive director and member of the audit committee of Finbond with immediate effect.



Shareholders were further advised that Mr. Danie Pentz, who is currently a non-executive director of the company will, with immediate effect, assume an executive role and has been appointed as Finbond's Chief Risk Officer.
22-Oct-2012
(C)
Interest income declined 4.9% to R25.3 million (R26.6 million). An operating profit of R13.6 million (loss of R5.5 million). There was a turnaround in earnings, from a net loss of R4.7 million to a net attributable profit of R9.3 million, an jump of 298.6%. In addition, headline earnings grew by 256% from a loss of 1.3cps to a profit of 2cps.



Outlook

The challenging macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates, are not expected to abate in the short and medium term. However, we remain confident that we have the required resources and depth in management to successfully confront and overcome these various challenges facing Finbond. Finbond is positive about its prospects for the future due to Finbond's:

*Improvement achieved in earnings and profitability;

*Improvement achieved in cash generated from operating activities;

*Mutual Banking License and the establishment of Finbond Mutual Bank;

*Management expertise;

*Low Gearing;

*Strong Cash Flow;

*Liquidity position;

*Uniquely positioned 168 Branch Network

*Access to funding; and

*Untapped potential in the Micro Finance and Mutual Banking markets.



Finbond believes that the evolution from a Micro Finance Institution to a Mutual and Savings Bank in the implementation of the strategic action plan will ensure that we achieve results in the medium and long term.
19-Oct-2012
(Official Notice)
Finbond shareholders were advised that Adv. Neville Melville has been appointed as an independent non-executive to the board of the company effective 19 October 2012.
19-Sep-2012
(Official Notice)
A review of the financial results for the six months ended 31 August 2012 by the directors of the company has indicated that basic earnings are expected to increase to between 1.8 cents and 2.0 cents per share as opposed to a loss of 1.2 cents per share for the six months ended 31 August 2011, on a fully diluted basis, representing a percentage improvement of between 250% and 267%. Finbond expects to report headline earnings of between 1.9 cents and 2.1 cents per share as opposed to a headline loss of 1.3 cents per share for the six months ended 31 August 2011, on a fully diluted basis, which would represent a percentage improvement of between 246% and 262%.



The financial information on which this trading statement is based has not been reviewed or reported on by Finbond's auditors. Finbond?s results for the interim period ended 31 August 2012 are expected to be released on SENS on or about 16 November 2012.
17-Aug-2012
(Official Notice)
The board of Finbond advised that at the annual general meeting of shareholders held on 17 August 2012, all the resolutions as set out in the notice of annual general meeting contained in the company's 2012 Annual Report, were duly approved by the requisite majority.



The special resolutions will be submitted to CIPC for registration.
06-Aug-2012
(Official Notice)
Further to the SENS announcement dated 22 May 2012, the directors announced that after due adherence to the South African Reserve Banks conditions of establishment, the Registrar of Banks has, in terms of Section 14 of the Mutual Bank Act 124 of 1993, issued Finbond Mutual Bank with a registration certificate and that Finbond Mutual Bank has been formally registered as a mutual bank with effect from 23 July 2012.
22-Jun-2012
(Official Notice)
Shareholders were referred to the notice of annual general meeting included in the annual report posted to them on 31 May 2012 and are advised that the record date to determine which shareholders will be entitled to vote at the annual general meeting will be Friday, 10 August 2012. Accordingly the last date to trade will be Thursday, 2 August 2012.
31-May-2012
(Official Notice)
Shareholders are advised that Finbond has posted its integrated annual report incorporating its audited annual financial statements for the financial year ended 29 February 2012 to shareholders on 31 May 2012. The audited annual financial statements remain unchanged from the audited results published by the company on SENS on 24 May 2012. Notice was given that the annual general meeting of members of Finbond will be held in the Finbond main boardroom in the Bankforum Building, corner of Veale and Fehrsen Streets, Brooklyn, Pretoria at 10:00 on Friday, 17 August 2012, to transact the business as set out in the notice of annual general meeting circulated together with the annual financial statements.
24-May-2012
(C)
Interest income decreased to R47.4 million (R58.4 million). Operating profit amounted to R28.2 million (loss of R7.1 million). A net attributable profit of R13.6 million (loss of R20 million) was recorded. However, the headline loss per share widened to 1.3c (loss of 1.8cps).



Prospects

The challenging macro-economic environment as well as the adverse market conditions in the markets within which Finbond operates, are not expected to abate in the short and medium term. Although the group is confident that we have the required resources and depth in management to successfully confront the various significant challenges facing Finbond, market conditions in general and specifically higher impairment charges, higher cost of funding, refinancing risks, liquidity risk and the lack of availability of funding could have a negative impact on the performance of the group in the year ahead.
22-May-2012
(Official Notice)
The directors of Finbond announced that following the company's application to the South African Reserve Bank on 11 November 2010, to establish and register a Mutual Bank in terms of the Mutual Banks Act 124 of 1993 in order to provide clients with a full range of low cost banking services, Finbond received formal consent from the Registrar of Banks on 21 May 2012 to establish and register a mutual bank, namely Finbond Mutual Bank, in the Republic of South Africa . Finbond shareholders will be provided with further information in this regard in due course.
21-May-2012
(Official Notice)
Shareholders are advised that Finbond expects fully diluted earnings per share, for the year ended 29 February 2012 of between 3.2 cents and 4.1 cents per share, compared to a loss per share, on a fully diluted basis, of 5.6 cents reported for year ended 28 February 2011.These numbers represent an increase in earnings per share of between 157% and 173%.



If headline earnings are normalised only for the effect of the recent increase in the inclusion rate for Capital Gains Tax on opening deferred tax balances, which results from changes to tax assets first recognised in prior years' results, such normalised headline earnings per share would be in the range of between 0.7 and 1.0 cents (2011: normalised headline loss per share of 1.8 cents). This represents an improvement in normalised headline earnings per share of between 139% and 156%.



Headline earnings are not affected by fair value adjustments to investment properties, however effects of changes in tax rates are included in headline earnings in terms of SAICA's circular 3/2009 "Headline Earnings", regardless of whether or not such tax effects are directly related to trading/operating activities. The expected range in respect of fully diluted headline loss per share is between 0.9 cents and 1.3 cents compared to a fully diluted headline loss per share of 1.8 cents reported for the year ended 28 February 2011. These numbers represent an improvement in headline loss per share of between 50% and 28%.



Finbond is currently preparing its results for the year ended 29 February 2012 and the company's auditors are completing their audit of these results.
12-Mar-2012
(Official Notice)
Shareholders are referred to the announcements released on SENS on 9 December 2011 and 3 February 2012 and the circular to Finbond ordinary shareholders dated 20 February 2012 relating to the Finbond rights offer, in terms of which a total of 200,000,000 Finbond ordinary shares of 0.0001 cents in the authorised but unissued share capital of Finbond were offered for subscription to qualifying Finbond shareholders, by way of renounceable rights, at a subscription price of 10 cents per Finbond ordinary share, on the basis of 52 rights offer shares for every 100 existing Finbond ordinary shares held at the close of trade on the record date of the rights offer. The rights offer closed on Friday, 9 March 2012 and the results thereof are set out in the table.

Rights offer shares will be issued and posted to certificated shareholders in certificated form on or about Monday, 12 March 2012. The CSDP or broker accounts in respect of dematerialised shareholders will be updated with rights offer shares and debited with any payments due on Monday, 12 March 2012. The CSDP or broker accounts in respect of dematerialised shareholders will be updated with excess rights offer shares and debited with any payments due on Wednesday, 14 March 2012. Excess rights offer shares will be issued and posted to shareholders in certificated form on Wednesday, 14 March 2012.
29-Feb-2012
(Official Notice)
Finbond wished to advise shareholders of the resignation of Mr Paul Mavrothalassitis, as an executive director of the company, with immediate effect. Following the departure of Mr Mavrothalassitis from the company, the board of Finbond will be comprised of a majority of non-executive directors, in compliance with the King Code of Governance Principles.
03-Feb-2012
(Official Notice)
25-Nov-2011
(C)
Interest income declined to R26.6 million (R29.7 million). The net attributable loss narrowed to R4.7 million (loss of R4.9 million). In addition, the headline loss was smaller at 1.3c (loss of 1.5cps).



Prospects

The challenging macro-economic environment as well as the adverse market conditions in the markets that Finbond operate in, are not expected to abate in the short and medium term. The group is confident that we have the required resources and depth in management to successfully confront the various challenges facing Finbond. The challenges to be overcome, which arise from external market conditions in general, are specifically: refinancing risks and a lack of availability of funding, a higher cost of funding, higher impairment charges and job losses within Finbond's target customer market. Any of these challenges, if left unmet, could have a negative impact on the performance of the Group in the remainder of the year ahead.
14-Oct-2011
(Official Notice)
Shareholders are referred to the cautionary announcement published by the company on 2 September 2011. Shareholders were advised that negotiations are still in progress and, if successfully concluded, may have an effect on the price at which Finbond's securities trade on the JSE Ltd. Accordingly, shareholders were advised to continue exercising caution when dealing in the company's securities until a further announcement was made.
02-Sep-2011
(Official Notice)
Shareholders were advised that the company is currently involved in negotiations that if concluded, could have a material effect on the price of Finbond's shares. Shareholders were therefore advised to exercise caution in dealing with the shares of Finbond until such time that a further announcement was made.
19-Aug-2011
(Official Notice)
The board of Finbond advises that at the Annual General Meeting of shareholders held today, all the resolutions as set out in the notice of Annual General Meeting contained in the Company's 2011 Annual Report, were duly approved by the requisite majority. The special resolution will be submitted to CIPC for registration.
31-May-2011
(Official Notice)
Mr Danie Pentz has retired as an executive director of Finbond. However, Mr Pentz will continue to serve on the board of Finbond in the capacity of a non-executive director.
31-May-2011
(Official Notice)
Shareholders are hereby advised that Finbond has posted its annual report incorporating its audited annual financial statements for the financial year ended 28 February 2011 to shareholders today, 31 May 2011. The audited annual financial statements remain unchanged from the audited results published by the company on SENS on 5 May 2011.



Notice is hereby given that the Annual General Meeting of members of Finbond will be held in the Finbond main boardroom in the Bankforum Building, corner of Veale and Fehrsen Streets, Brooklyn, Pretoria at 11:00 on Friday, 19 August 2011, to transact the business as set out in the notice of annual general meeting circulated together with the annual financial statements.

11-May-2011
(Official Notice)
Finbond advised shareholders of the resignation of Mr. Greg Labuschagne as financial director of Finbond with effect from 13 May 2011. Shareholders were also advised that Mr. Gary Thomas Sayers has been appointed and will assume the role of financial director of Finbond from 13 May 2011.
05-May-2011
(C)
Interest income decreased to R58.4 million (R65.6 million) and an operating loss of R7.1 million (profit of R57.6 million) was recorded. A loss for the period attributable to ordinary shareholders of the company amounted to R20 million (profit of R58.2 million), while the headline loss per share narrowed to 1.8cps (loss of 17.8cps).



Dividends

Given the current economic climate and the need to protect the group's balance sheet the board of directors have decided not to declare a dividend for the year ended 28 February 2011.



Prospects

The South African economy is not going to stage a large scale recovery in 2011 and the challenging macro-economic environment, in the wake of the worldwide financial crisis and difficult economic environment in post recessionary South Africa, as well as the adverse market conditions in the markets that Finbond operate in are not expected to abate in the short and medium term. Subject to being able to raise the required funding , given Finbond's extensive uniquely positioned 189 branch network, current low productivity ratio's, low average loan size and short term tenure there is room to significantly grow it's micro finance debtors book in the year ahead. Although the group is confident that we have the required resources and depth in management to successfully confront the various significant challenges facing Finbond, market conditions in general and specifically higher impairment charges, higher cost of funding, refinancing risks, liquidity risk and the lack of availability of funding could have a negative impact on the performance of the group in the year ahead.
25-Mar-2011
(Official Notice)
Having reviewed the financial results for the year ended 28 February 2011, the directors expect that the company will report a loss per share of between 2.1 and 8.5 cents (2010: 16.1 cents earnings per share) and a headline loss per share of between 0.5 and 2.3 cents (2010: 17.8 cents headline loss per share). Finbond expects to publish its results for the year ended 28 February 2011 during May 2011.
08-Mar-2011
(Official Notice)
Finbond advised shareholders of the resignation of Mrs Nomonde Mapetla, as a non-executive director, with immediate effect.
28 Oct 2010 11:47:57
(C)
Interest income decreased to R29.7 million (R34.4 million). An operating loss of R6 million (profit of R35.7 million) was recorded and a net attributable loss of R4.9 million (profit of R31.8 million) was made. However, the headline loss per share narrowed to 1.5cps (loss of 8.7cps).



Prospects

The challenging macroeconomic environment is not expected to abate in the short and medium term. Although the group is confident that it has the required resources and depth in management to successfully confront the company's challenges, general market conditions, and especially higher impairment charges, higher cost of funding, refinancing risks and the lack of availability of funding could have a negative impact on the performance of the group in the remainder of the 2010/2011 financial year.
15 Sep 2010 14:39:23
(Official Notice)
The directors of Finbond expect that Finbond will, for the six months ended 31 August 2010, report a loss per share (both basic and fully diluted) of between 2.2 cents and 0.5 cents (2009: earnings per share of 8.7 cents). The directors of Finbond expect that Finbond will, for the six months ended 31 August 2010, report a headline loss per share (both basic and fully diluted) of between 2.4 cents and 0.6 cents (2009: headline loss per share of 8.7 cents). The financial information on which this trading statement is based has not been reviewed or reported on by Finbond`s auditors. Finbond`s results for the interim period ended 31 August 2010 are expected to be released on SENS on or about 30 September 2010.
13 Aug 2010 14:45:52
(Official Notice)
The board of Finbond advised that at the annual general meeting of shareholders held on 13 August 2010, all the resolutions as set out in the notice of annual general meeting contained in the company's 2010 annual report, were duly approved by the requisite majority.
28 May 2010 13:01:10
(Official Notice)
Shareholders are hereby advised that Finbond has posted its audited annual financial statements and annual report for the financial year ended 28 February 2010 to shareholders on 28 May 2010. The company is not publishing an abridged report at this date as the audited financial information published on 7 May 2010 is unchanged. Notice was also given that the AGM of members of Finbond will be held in the Finbond main Boardroom in Bankforum Building, corner of Veale and Fehrsen Streets, Brooklyn, Pretoria at 10:00 on Friday, 13 August 2010, to transact the business as set out in the notice of annual general meeting circulated together with the annual financial statements.
07 May 2010 13:39:39
(C)
Interest income increased to R65.6 million (R55.2 million). Operating profit rose to R57.6 million (R29.9 million). Net attributable profit came in at R58.2 million (loss of R61 million). In addition, the headline loss widened to 17.8cps (loss of 1cps).



Outlook

The challenging macro-economic environment, in the wake of the worldwide financial crisis and post recessionary environment in South Africa, as well as the adverse market conditions in the markets that Finbond operate in are not expected to abate in the short and medium term. Although the group is confident that have the required resources and depth in management to successfully confront the various significant challenges facing Finbond, market conditions in general and specifically higher impairment charges, higher cost of funding, refinancing risks and the lack of availability of funding could have a negative impact on the performance of the group in the year ahead.
06 May 2010 14:47:13
(Official Notice)
Finbond shareholders are referred to the Trading Update published by the company on 16 April 2010 wherein they were informed that Finbond expected basic earnings to be approximately 17.9 cps (2009: 23.0 cps loss per share) and that Finbond expected a headline loss of approximately 15.8 cps (2009: 1.0 cent headline loss per share). In terms of the listings requirements of the JSE Ltd companies must publish another trading statement if they become reasonably certain that a previously published number, percentage or range in a prior trading statement is no longer valid.



Finbond is currently finalising its results for the year ended 28 February 2010 and the company's auditors are completing their audit. The directors expect the company to report basic earnings of approximately 16.1 cps (2009: 23.0 cents basic loss per share) and a headline loss of approximately 17.8 cps (2009: 1.0 cent headline loss per share).



As per the previously published Trading update, the positive change in basic earnings per share can be attributed to improved results flowing from the micro finance division by way of higher business volumes, improved interest margins and fees as well as a significant contribution from credit insurance and once- off revaluation adjustments emanating from investment properties. However, these positive factors were tempered by accelerated amortisation of the intangible assets as well as significant costs incurred in expanding the branch network and rebranding and repositioning Finbond within the micro finance market. In contrast, the headline loss per share increased due to the exclusion of the investment properties revaluation from the calculation thereof. Finbond expects to publish its results for the year ended 28 February 2010 on or about 7 May 2010.

16 Apr 2010 15:16:40
(Official Notice)
A review of the financial results for the year ended 28 February 2010 by the directors of the company has indicated that basic earnings are expected to be approximately 17.9 cents per share (2009: 23.0 cents basic loss per share). Finbond however expects to report a headline loss of approximately 15.8 cents per share (2009: 1.0 cent headline loss per share). The positive change in basic earnings per share can be attributed to improved results flowing from the micro finance division by way of higher business volumes, improved interest margins and fees as well as a significant contribution from credit insurance and once-off revaluation adjustments emanating from investment properties. However, these positive factors were tempered by accelerated amortisation of the intangible assets as well as significant costs incurred in expanding the branch network and rebranding and repositioning Finbond within the micro finance market. In contrast, the headline loss per share increased due to the exclusion of the investment properties revaluation from the calculation thereof. Finbond expects to publish its results for the year ended 28 February 2010 on or about 3 May 2010.
23 Feb 2010 10:35:01
(Official Notice)
Finbond announced that it has signed a 10-year Credit Agreement totalling an equivalent of USD10 million with WorldBusiness Capital, Inc. (WBC), of Hartford, Connecticut in the United States. The loan from WBC is supported by the Overseas Private Investment Corporation (OPIC), an agency of the US government. The facility is a 10-year senior secured loan of the Rand equivalent of USD10 million (R75 million rand). The facility will enable Finbond to grow its short term microfinance book and expand its current network of 165 branches in South Africa, Namibia and Botswana.



Nova Capital Partners- an emerging market focused Investment Bank based in New York, USA- acted as lead financial advisor to Finbond in sourcing, structuring and executing the transaction. WBC has successfully closed loans to small and midsize businesses in emerging markets throughout the world. In 2003 OPIC entered into a cooperative arrangement with WBC to expand support for U.S. small business participation in overseas projects. OPIC was established as an agency of the US government in 1971. It helps U.S. businesses invest overseas, fosters economic development in new and emerging markets, complements the private sector in managing risks associated with foreign direct investment, and supports U.S. foreign policy. Because OPIC charges market-based fees for its products, it operates on a self- sustaining basis at no net cost to taxpayers.



OPIC's political risk insurance and financing help US businesses of all sizes invest in more than 150 emerging markets and developing nations worldwide. Over the agency's 38-year history, OPIC has supported USD188 billion worth of investments that have helped developing countries to generate over 830,000 host-country jobs. OPIC projects have also generated USD72 billion in U.S. exports and supported more than 273,000 American jobs.
30 Dec 2009 14:01:30
(Official Notice)
Finbond Group Ltd advised shareholders of the resignation of Mr. Jack Ernest Trevena, for personal family reasons, as an executive director with immediate effect.
12 Nov 2009 17:05:35
(C)
Total segment revenue declined by 77.6% to R13,6 million (2008: R60.5 million). Mortgage origination activities reported a decline in net commission income of 86.4% to R1,8 million (2008: R13,3 million).Net profit before tax R38,6 million up 0.8% (2008: 38.3 million). The group reported a basic earning per share of 8.7cps up 0.9% (2008: 8.6cps). Headline loss per share 8.7 cents down 215.4% (2008: profit of 7.5cps).



Dividend

No interim dividend has been declared.



Prospects

In the context of this challenging business environment the group achieved satisfactory trading results for the six months under review, the result of sustained progress in the execution of the group's strategy. In the current recessionary environment numerous opportunities present themselves for the acquisition of assets that are substantially undervalued or where cash strapped institutions or individuals are forced to sell assets at prices far below their market value. With Finbond's strong liquidity and cash position it will exploit these opportunities and will continue to evaluate investment opportunities that will grow its balance sheet, including property investment opportunities which meet the following criteria: the investment is priced at a significant discount to fair market value and this discount is supported by two independent property valuations.
27 Oct 2009 10:38:32
(Official Notice)
A review of the financial results for the six months ended 31 August 2009 by the directors of the company has indicated that earnings (both basic and fully diluted) are expected to increase to between 7.8 cps and 9.6 cps as opposed to 8.6 cps for the six months ended 31 August 2009.Finbond expects to report a headline loss (both basic and fully diluted) of between 7.6 cps and 9.3 cps as opposed to a headline profit of 7.5 cps for the six months ended 31 August 2009.



The deterioration of headline earnings can be attributed, inter alia, to continued low mortgage origination volumes, a once-off accelerated intangible asset amortisation based on the rebranding strategy of the group in terms of IAS38, rebranding and re-restructuring costs, a once-off loan write-off (non- current other financial asset) and costs associated with the initial expensing of share options as per IFRS2. Basic earnings were however bolstered by the fair value adjustment resulting from the acquisition of investment properties as detailed in the SENS announcement published by Finbond on 22 October 2009.Finbond's results for the interim period ended 31 August 2009 are expected to be released on SENS on or about 13 November 2009.
21 Oct 2009 16:50:12
(Official Notice)
23 Sep 2009 10:32:16
(Official Notice)
Shareholders are advised that the company is currently involved in negotiations that if concluded, could have a material effect on the price of Finbond's shares. Shareholders are therefore advised to exercise caution in dealing with the shares of Finbond until such time that a further announcement is made.
07-Sep-2009
(Permanent)
Finbond Property Finance Ltd was renamed to Finbond Group Ltd on Monday, 7 September 2009.
31 Aug 2009 17:44:30
(Official Notice)
Mr Jack Ernest Trevena, Finbond's chief operating officer, was appointed an executive director on 25 August 2009.
28 Aug 2009 15:51:49
(Official Notice)
Further to the announcement of 19 August 2009, shareholders advised that the special resolutions relating to:

*the name change from Finbond Property Finance Ltd to Finbond Group Ltd; and

*the change of the main business and main object of the company from "Property" to "The advance of short and medium term loans as well as investment in immovable property"

have been registered by CIPRO.



Salient dates and times relating to the name change are as follows:

*Change of name to "Finbond Group Ltd" effective on the JSE from commencement of business on Monday, 7 September 2009

*Trade commences under the new name "Finbond Group Ltd" under the JSE code "FGL", abbreviated name "FINBOND" and new ISIN ZAE000138095 from Monday, 7 September 2009

*New share certificates posted to certificated shareholders who have surrendered documents of title by 12:00 on Friday, 11 September 2009 on Monday, 14 September 2009
27 Aug 2009 14:54:48
(Official Notice)
The board of Finbond advises that at the AGM of shareholders held today, all the resolutions as set out in the notice of AGM contained in the company?s 2009 Annual Report were duly approved by the requisite majority. The relevant special resolution will be submitted to CIPRO for registration.
19 Aug 2009 16:49:26
(Official Notice)
Shareholders are advised that at the general meeting shareholders unanimously approved:

*the change of the company's name from "Finbond Property Finance Ltd" to "Finbond Group Ltd";

*the change of the company's main business and main object from "property" to "the advance of short and medium term loans as well as investment in immovable property".

The special resolutions relating to the above will be sent to CIPRO for registration and a further announcement confirming the salient dates and times relating to the name change will be released upon receipt of confirmation that the special resolutions have been registered.
05 Aug 2009 11:39:44
(Official Notice)
Shareholders are advised that at the general meeting held today, Finbond shareholders present or represented by proxy unanimously passed the resolution approving the transaction in terms of which part of the business of Blue Chip Finance No.1 (Pty) Ltd was sold, resulting in Finbond becoming the sole shareholder in Blue Chip. All of the conditions precedent to the transaction have been fulfilled and the transaction has become unconditional.
03 Aug 2009 13:40:57
(Official Notice)
Shareholders are hereby advised that Finbond has posted its audited annual financial statements for the financial year ended 28 February 2009 to shareholders today, 3 August 2009. The audited financial information published on 29 May 2009 remains unchanged.



Notice is hereby given that the AGM of Finbond will be held in the Jakaranda Ballroom, Sheraton Hotel, 643 cnr of Church and Wessels street, Pretoria at 10h00, on Thursday, 27 August 2009, to transact the business as set out in the notice of annual general meeting circulated together with the annual financial statements.
28 Jul 2009 11:01:19
(Official Notice)
Shareholders are advised that a circular, including a notice of general meeting, has been posted to shareholders regarding:-

*A proposed name change from Finbond Property Finance Ltd to Finbond Group Ltd

*A proposed change of the main business and main object of the company from "Property" to "The advance of short and medium term loans as well as investment in immovable property".



The general meeting of shareholders will be held at 10:00 on Wednesday, 19 August 2009, in the boardroom of Finbond in the Bank Forum Building, corner Veale and Brooks Street, Niew Muckleneuk, Brooklyn, in order for shareholders to consider, and if deemed fit, approve, with or without amendment, the special resolutions necessary to effect the name change and change of main business and main object of the company.



Salient dates

General meeting of shareholders to be held at 10:00 on - Wednesday, 19 August 2009

Results of general meeting published on SENS - Wednesday, 19 August 2009

Last day to trade under the old name - "Finbond Property Finance Ltd" Friday, 4 September 2009

Change of name to "Finbond Group Ltd" effective on the JSE from commencement of business on - Monday, 7 September 2009
18 Jun 2009 14:04:27
(Official Notice)
Finbond shareholders are advised that Finbond and Blue Chip have entered into an agreement in terms of which certain shareholders in Blue Chip would acquire part of the business of Blue Chip from Blue Chip in exchange for the return of their shares in and claims against the company, resulting in Blue Chip becoming a wholly owned subsidiary of Finbond.



In terms of the transaction, a newly formed company owned by the exiting shareholders, Indomark (Pty) Ltd, will acquire part of the business of Blue Chip comprising 30 micro finance branches operated by Blue Chip, and the business carried on through those micro finance branches as a going concern. Following the transaction, Blue Chip will retain 30 of its micro finance branches. The purchase consideration attributed to the transaction is an amount of R40 276 395.



The transaction is classified as a related party transaction in terms of the JSE Listings Requirements and is accordingly subject to shareholder approval. Finbond will, in due course, send a circular to shareholders, including a fairness opinion from an independent expert on the terms of the transaction and a notice convening a general meeting of Finbond shareholders. Shareholders are advised that caution is no longer required when dealing in Finbond shares.
09 Jun 2009 09:40:08
(Official Notice)
Finbond advised shareholders of the appointment of Greg Labuschagne as the financial director of the company with immediate effect. Greg who was appointed chief financial officer of Finbond during February 2009 will replace Danie Pentz in the role of financial director. Danie will continue to serve as an executive director of the company in the role of chief risk officer.
08 Jun 2009 14:44:34
(Official Notice)
Finbond shareholders are referred to the announcement made by the company on 23 April 2009 concerning the acquisition of the remaining 50% shareholding in Blue Chip.The conditions precedent to the agreement were not fulfilled by the parties within the stipulated time periods and the agreement is accordingly of no force or effect.



Finbond, continues to engage in negotiations with the other shareholders in Blue Chip with a view to concluding a transaction that may have a material effect on the price at which Finbond's shares trade on the JSE Ltd. Shareholders are advised to exercise caution when dealing in Finbond shares until a further announcement is made.
29 May 2009 17:33:37
(C)
Total segment revenue declined by 54.1% to R91 million from R199 million in 2008. Mortgage origination activities reported a decline in net commission income of 70.9% to R16 million (R55 million). The group reported a basic loss per share of 22.96cps compared to a profit of 32.50cps for the previous year. It is the group's policy to consider the declaration of a dividend annually.
26 May 2009 16:28:47
(Official Notice)
Finbond shareholders are referred to the trading update published by the company on 23 January 2009 and the revised trading update published by the company on 16 March 2009. In terms of the listings requirements of the JSE Ltd, an issuer must publish another trading statement if it becomes reasonably certain that a previously published number, percentage or range in a prior trading statement is no longer correct.



Given the further rapid deterioration and decline in Finbond's mortgage origination division that is not expected to recover in the short or medium term, Finbond's directors in terms of IAS36 - Impairment of Assets, have determined that they will need to further impair a portion of goodwill and intangible assets relating to the mortgage origination division of the company by R18 million bringing the final impairment of goodwill and intangibles to R91.2 million as opposed to the R73.2 million impairment communicated in the revised trading update published on 16 March 2009. As a result Finbond now expects to report, on a fully diluted basis, a loss of between 18.6 and 23.4 cents per share as compared to the earnings, on a fully diluted basis, of 23.8 cents reported for the year ended 29 February 2008. Finbond currently expects to report, on a fully diluted basis, between a headline loss of 2.6 cents per share and a headline profit of 2.2 cents per share as compared to the fully diluted headline earnings of 23.8 cents per share, reported for the year ended 29 February 2008,



Finbond will publish it results for the year ended 28 February 2009 before the end of May 2009.
23 Apr 2009 16:48:07
(Official Notice)
Finbond currently owns 50% of the issued ordinary shares in Blue Chip and has entered into an agreement in terms of which it will acquire the remaining 50% shareholding in Blue Chip. The transaction will accordingly result in Blue Chip becoming a wholly owned subsidiary of Finbond. In terms of the transaction, Finbond will acquire the remaining outside shareholding, consisting of 3 471 734 shares in Blue Chip. The purchase consideration payable is an aggregate amount of R33 502 666 including R19 094 537 in respect of the sale shares at (R5.50 per Blue Chip share) and R14 408 129 in respect of the sellers' outstanding shareholder loans to Blue Chip. The purchase consideration will be paid in cash as follows:

* R19 094 537 in respect of the sale shares on the closing date;

* R4 322 439, representing 30% of the sale claims on the closing date;

* R4 322 439, representing 30% of the sale claims six months after the closing date; and

* R5 763 251, representing 40% of the sale claims twelve months after the closing date.

The effective date of the Transaction is 1 March 2009.
16 Mar 2009 17:27:45
(Official Notice)
Finbond shareholders are referred to the trading update published by the company on 23 January 2009 wherein they were advised that Finbond expected its fully diluted earnings and headline earnings per share for the year ending 28 February 2009, to be between 7.2 cents and 11.9 cents per share, as compared to the earnings and headline earnings, on a fully diluted basis, of 23.8 cents, reported for the year ended 29 February 2008.



Finbond is currently preparing its results for the year ended 28 February 2009 and the company's auditors are currently auditing these results. Finbond's directors believe that in terms of IAS36 - Impairment of Assets, Finbond will need to impair a portion of its goodwill and intangible assets (specifically brand names) relating to the mortgage origination division of the company following a process wherein Finbond assessed the carrying value of its goodwill and intangible assets with the assistance of external valuation consultants. The quantum of the impairment is approximately R73.2 million. As a result, Finbond expects to report, on a fully diluted basis, a loss of between 12.8 and 17.6 cents per share.



The expected range in respect of fully diluted headline earnings per share remains unchanged from the previous trading update at between 7.2 cents and 11.9 cents per share. Headline earnings are not affected by impairments to goodwill and intangible assets (in terms of SAICA Circular 08/07). The impairments to goodwill and intangible assets are as a result of the decreased rate at which banks are approving mortgage applications submitted by Finbond's mortgage origination division. This has had an effect on the valuation of the mortgage origination side of the business determined for the purpose of assessing the carrying value of goodwill and intangible assets. Monthly mortgage origination volumes measured by formal grants (by the four major banks) have declined from R1.8 billion in May 2007 to R346 million as of December 2008.
04 Mar 2009 11:28:53
(Official Notice)
Finbond shareholders are referred to the announcement issued by the company on 18 February 2009 regarding, inter alia, Finbond's acquisition of the business of Moneyline Financial Services Holdings (Pty) Ltd ("Moneyline / New World Finance") a subsidiary of Net1 UEPS Technologies Ltd ("Net1") ("the acquisition") and a general issue of new Finbond shares for cash. Shareholders are accordingly advised that the conditions precedent to the acquisition, namely:

*the conclusion of a successful comprehensive due diligence by Finbond on the business of Moneyline / New World Finance; and

*Finbond and Net1 entering into a service level agreement, have both been fulfilled. Accordingly the acquisition has become unconditional.

The JSE Ltd has approved the listing of 84 632 525 new Finbond shares issued by Finbond (which shares were issued at 80cps) in respect of the acquisition and the general issue of new Finbond shares for cash from Wednesday, 4 March 2008.
18 Feb 2009 11:00:03
(Official Notice)
Finbond shareholders are referred to the cautionary announcement issued by the company on 16 January 2009 and are advised that Finbond has concluded an acquisition of business agreement with Net1 in terms of which Finbond will acquire the business of Net1's subsidiary Moneyline/New World Finance. Moneyline/New World Finance operates a network of 60 micro finance branches nationally under both the Moneyline and New World Finance names, delivering micro finance products to the emerging market through low cost delivery platforms.



The consideration in respect of the acquisition is an amount of R32 909 900 which will be settled by Finbond issuing Net1 with 41 137 375 new Finbond shares at an issue price of 80 cents per share within three business days of the effective date of the transaction. The effective date of the acquisition will be 1 March 2009.
13 Feb 2009 16:35:15
(Official Notice)
Finbond is pleased to advise shareholders of the following management appointments: Mr. Aart Jurriaanse as Chief Operating Officer and Mr. Greg Labuschagne as Chief Financial Officer.
13 Feb 2009 16:29:44
(Official Notice)
Shareholders are advised that the company has entered into an agreement to purchase 14 one hectare stands from Moneyline 2027 (Pty) Ltd.



Rationale for the transaction

On 6 October 2008 Finbond announced that it had signed two rand facilities totalling an equivalent of EUR7.5m with FMO N.V., the Dutch development bank. In order to improve on and remain within the debt to equity and debt to total asset covenant ratios (on a 100% draw down basis) pertaining to the debt to equity and debt to total asset covenant ratios as set out in these facilities, and possible future facilities, Moneyline, as Finbond's majority and controlling shareholder agreed to sell the investment properties on loan account to Finbond in order to strengthen the asset and equity base of Finbond's balance sheet.



The amounts set out in the "pro forma before the transaction" column have been extracted from the interim results published in respect of the six months ended 31 August 2008. The investment properties acquired have been accounted for at fair value as determined by an independent property valuer resulting in a revaluation profit of R9,5 million. Deferred taxation was provided for on this profit using a tax rate of 28%.
23 Jan 2009 15:00:23
(Official Notice)
Shareholders are advised that Finbond expects its fully diluted earnings and headline earnings per share, for the year ending 28 February 2009 to be between 7,2 cents and 11,9 cents per share as compared to the earnings and headline earnings, on a fully diluted basis, of 23,8 cents reported for year ended 29 February 2008. This decline is as a result of a significant decrease in the rate at which banks are approving the mortgage applications submitted by Finbond's mortgage origination division and consequential restructuring costs. Monthly mortgage origination volumes measured by formal grants have declined from R1,8 billion in May 2007 to R346 million in December 2008. Finbond expects to release its results for the year ending 28 February 2009 at the end of May 2009.
16 Jan 2009 15:05:01
(Official Notice)
Shareholders are advised that the company is currently involved in negotiations that if concluded, could have a material effect on the price of Finbond's shares. Shareholders are therefore advised to exercise caution in dealing with the shares of Finbond until such time that a further announcement is made.
24 Oct 2008 15:27:50
(Official Notice)
Shareholders are advised that Grindrod Bank Ltd will be assuming the role of the company's designated advisor with effect from 1 November 2008. Exchange Sponsors (Pty) Ltd will continue to act as Finbond's designated advisor until 31 October 2008.
06 Oct 2008 13:04:03
(Official Notice)
Further to the cautionary announcement dated 15 September 2008, Finbond announced that it has signed two rand facilities totalling an equivalent of EUR7.5 million with FMO NV (FMO), the Dutch development bank. The first facility is a five year senior unsecured loan of the rand equivalent of EUR2.5 million with an interest only period of two years. The second facility comprises the Rand equivalent of EUR5 million in subordinated mezzanine funding repayable in five years. These facilities will enable Finbond to grow its book by two thirds and entail no currency risk for the company. Moreover, the subordinated facility provides Finbond with a platform to raise further senior debt to realise its growth plans.



In conjunction with the facilities, FMO has provided Finbond with a grant to accelerate Finbond's process of centralisation and to fund consultancy services to identify areas where Finbond can further strengthen its risk management and credit monitoring capabilities. In addition, the facilities incentivise Finbond to adhere to 'best in class' lending practices in the South African market, with a view to servicing its customers sustainably, limiting risk and facilitating future fund raisings abroad.
26 Sep 2008 16:59:02
(Official Notice)
Shareholders are advised that Finbond expects its fully diluted earnings and headline earnings per share, for the six month period ended 31 August 2008, to be between 5.1 cents and 7.52 cents per share as compared to the earnings and headline earnings, on a fully diluted basis, of 12.53 cents reported for the corresponding period of 2007. This decline is as a result of a significant decrease in the rate at which banks are approving the mortgage applications submitted by Finbond's Mortgage Origination division. Monthly mortgage origination volumes measured by formal grants (by the four major banks) have declined from R1.8 billion in May 2007 to R560 million in August 2008.



Current adverse market conditions in the Mortgage Origination market are not expected to improve and may deteriorate further in the second half of the financial year. Finbond expects to release its interim results for the six months ended 31 August 2008 during October 2008.
15 Sep 2008 11:02:45
(Official Notice)
Shareholders are advised that the company is currently involved in negotiations with International funders regarding potential significant funding lines to fund the organic growth of Finbond's Micro Finance Book as well as to fund Finbond's further expansion into Africa, that if concluded, could have a material effect on the price of Finbond's shares. Shareholders are therefore advised to exercise caution in dealing with the shares of Finbond until such time that a further announcement is made.
04 Sep 2008 11:24:07
(Official Notice)
Shareholders are advised that Finbond's Micro Finance Division has acquired a micro finance branch in Gaborone, the capital of Botswana as well as in Windhoek, the capital of Namibia. These are Finbond's first Micro Finance branches in Africa adding to its existing 104 micro finance branches in South Africa. The above acquisition is not categorised in terms of the JSE Ltd Listings Requirements and the financial effects thereof are not material. Finbond is excited about the opportunities for expanding Finbond micro lending activities into Africa and further feasibility studies and due diligence investigations are underway in Botswana, Namibia, Zambia, Uganda and Kenya to potentially open or acquire branches in those countries.
25 Aug 2008 15:22:15
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on 25 August 2008, all of the resolutions proposed were approved by the requisite majority of votes.
08 Aug 2008 09:34:58
(Official Notice)
Shareholders are notified that Ms C D du Plessis was appointed as the company's secretary on 8 May 2007.
14 Jul 2008 15:29:23
(Official Notice)
Notice is hereby given that the first annual general meeting of the members of Finbond will be held in the Jakaranda Ballroom, Sheraton Hotel, 643 cnr of Church and Wessels Street, Pretoria on Monday, 25 August 2008 at 10:00.
06 May 2008 16:02:52
(C)
Finbond reported revenue of R286.1 million (R12.5 million) in for its maiden full year financial results as a listen company. Operating profit soared to R87.1 million (R6.4 million) and profit attributable to ordinary shareholders also rose dramatically, to R60.3 million (R5.8 million). In addition, headline earnings per share increased to 32.5cps (3.1cps).



Dividend

A final ordinary dividend of 8cps has been declared for the period under review.



Prospects

Mortgage origination volumes are expected to continue to decline in the year ahead. It is our strategy to build further critical mass in our no-bank term lending operations through organic and acquisition led growth.



Finbond believes that the rapid expansion into the consumer finance market in the implementation of the strategic action plan will yield positive results in the short, medium and long term. Industry pressures to formalise the non-bank term lending market, primarily through regulation of operators through the National Credit Act, will force smaller less sophisticated players out. This together with high levels of fragmentation in the industry will precipitate industry consolidation. This will present further opportunities for Finbond to grow its business through strategic acquisitions and achieve its vision of becoming the national non-bank lender of choice.



Market conditions in general, and in particular rising interest rates and lower volumes in our mortgage origination division could have an impact on Finbond's ability to repeat the excellent growth achieved in the past year. The group is positive about its prospects for the future and continues to implement investment and expansion plans for the 2008/9 financial year.
22 Apr 2008 15:04:34
(Official Notice)
A maiden ordinary dividend of 8cps in respect of the year ended 29 February 2008 has been declared. The salient dates for the payment of the dividend are as follows:

*Last day to trade cum dividend: Friday, 9 May 2008

*Trading ex dividend commences: Monday, 12 May 2008

*Record date: Friday, 16 May 2008

*Payment date: Monday, 19 May 2008

Share certificates may not be dematerialised or rematerialised between Monday, 12 May 2008 and Friday, 16 May 2008, both days inclusive. The directors of Finbond estimate that the company will, for the year ended 29 February 2008, achieve a net consolidated profit before taxation of R87.2 million. The audited results of Finbond for the year ended 29 February 2008 will be published on or about Tuesday, 6 May 2008.
13 Feb 2008 11:21:07
(Official Notice)
Shareholders are advised that the company is no longer involved in negotiations regarding a potential acquisition that if concluded could have had material effect on the price of Finbond`s shares. Shareholders are therefore advised that they no longer need to exercise caution in dealing with the shares of Finbond.
05-Jul-2017
(X)
Finbond Group Ltd. is a leading North-American and South African Financial Services institution that specializes in the design and delivery of unique value and solution based savings, credit and insurance solutions tailored around depositor and borrower requirements rather than institutionalized policies and practices.



Finbond conducts its business through Finbond?s two divisions focussed on:

*Micro Credit Products and

*Investment and Savings Products


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