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08-Dec-2017
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the company held at 18:00 yesterday, 7 December 2017, at the Table Bay Hotel, Breakwater Boulevard, Victoria Wharf Shopping Centre V-A Waterfront, Western Cape(?AGM?), all of the resolutions proposed were passed by the requisite majority of GPI shareholders.



Shareholders are further advised that due to Ordinary resolutions number 8 and 9 relating to the non-binding advisory votes on the remuneration policy and the implementation of the remuneration policy were voted against by more than 25% of GPI shareholders present in person or represented by proxy at the AGM, an invitation will be extended to such dissenting shareholders to engage with the company. The manner and timing of such engagement has not as yet been finalised and GPI will issue a further announcement shortly including such details.
27-Nov-2017
(Official Notice)
Shareholders are hereby advised that the board of directors of the Company have approved and declared a gross ordinary dividend of 11.5 cents per share payable to shareholders on Wednesday, 27 December 2017. The dividend has been declared from income reserves.



The dividend will be subject to a dividend withholding tax of 20% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. The net dividend payable to shareholders, subject to withholding tax at a rate of 20%, amounts to 9.2 cents per share.



As at the date of this announcement the Company has 473 788 517 ordinary shares of no par value in issue.



Salient dates and times

Shareholders are hereby advised of the following salient dates and times for the payment of the dividend:

* Last day to trade (?cum? the dividend) in order to participate in the dividend : Tuesday, 19 December 2017

* Securities start trading ?ex? dividend : Wednesday, 20 December 2017

* Record date for purposes of determining the registered holders of GPI shares to participate in the dividend at close of business on Friday, 22 December 2017

* Payment date : Wednesday, 27 December 2017



Share certificates may not dematerialised or rematerialised between Wednesday, 20 December 2017 and Friday, 22 December 2017, both dates inclusive.
14-Nov-2017
(Official Notice)
09-Nov-2017
(Official Notice)
Shareholders are hereby advised that Mr Dylan Pienaar has stepped down as CEO of GPI?s Foods division (?Foods Division?) and has resigned as an executive director on the board of GPI to pursue other opportunities.

09-Oct-2017
(Official Notice)
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website at www.grandparade.co.za.
28-Sep-2017
(Official Notice)
Shareholders are referred to the Company?s SENS announcement dated 14 September 2017, in which shareholders were, inter alia, advised that the notice of annual general meeting (to be held on 7 December 2017) would be dispatched to shareholders, together with the abridged audited financial statements for the year ended 30 June 2017, on or around 29 September 2017 and would also be available on the Company's website from that date.



Shareholders are hereby advised that, on 26 September 2017, the Company applied to the Western Cape High Court for, and the court issued, a rule nisi for an order of substituted service in relation to the Company?s notice of annual general meeting, specifically relating to the delivery of such notice by normal post, instead of registered post. In terms of the rule nisi, interested parties may on the return date of 10 October 2017 show cause why the order applied for, should not be granted. A copy of the above rule nisi, setting out the terms thereof, will be posted today on the Company?s website at www.grandparade.co.za.



In light of the above return date of 10 October 2017 for the rule nisi, the notice of annual general meeting (to be held on 7 December 2017) will now be dispatched to shareholders, together with the abridged audited financial statements for the year ended 30 June 2017, on or around 11 October 2017 and will also be available on the Company's website at www.grandparade.co.za from that date.

14-Sep-2017
(C)
Revenue for the year increased to R963.0 million (R772.3 million). Loss from operations narrowed to R61.1 million (loss of R75.7 million). Profit attributable to ordinary shareholders tumbled to R19.3 million (R202.8 million). In addition, headline loss per share was 4.59 cents per share (earnings of 1.99 cents per share).



Dividend

On 25 November 2016 GPI declared a dividend of 25.0 cents per share in respect of the 2016 financial year, which amounted to R122.2 million of which R9.1 million related to GPI shares held as treasury shares. GPI is committed to remaining dividend-active. Any distribution relating to 2017 profits will be considered once future cash flows can be determined with more certainty.



Company prospects

The Group's focus during the next financial year will be to continue on delivering on its strategy to grow its food business which includes the continued improvement in the profitability of Burger King, roll out of both Dunkin' Donuts and Baskin-Robbins and unlocking the synergies between the various food investments. In addition the Group will look to continue investing in food businesses via premium restaurant brands and supply chain services and product to support the restaurant brands. The Group will remain dividend active and will look to realign its dividend policy to align its ordinary dividends with the Group's earnings profile. Special dividends will be paid out of surplus proceeds from the realisation of the Group's investments.
12-Sep-2017
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that:

? basic earnings per share will be between 0.09 and 8.69 cents, which equates to a decrease of between 80% and 100% for the period ended 30 June 2017, compared to basic earnings per share of 43.01 cents reported in the previous period ended 30 June 2016 and;

? GPI expects to report a headline loss per share of between 4.39 and 4.79 cents for the period ended 30 June 2017, compared to headline earnings per share of 1.99 cents reported in the previous period ended 30 June 2016.



Basic earnings per share decreased as a result of the profit on sale of gaming assets recognised in the 2016 financial year amounting to R270 million. The decrease in headline earnings per share is attributed to the sale of gaming assets in the 2016 financial year which has resulted in a significant reduction of its contribution to equity accounted earnings in the current year.



The financial results for the period ended 30 June 2017 will be published on or about 14 September 2017.
23-Jun-2017
(Official Notice)
Notification is hereby given of the following changes to the board of GPI -

*Ms. Tasneem Karriem has been appointed as CEO of the GPI Group.

*Mr. Dylan Pienaar is standing down as the FD of the company but will remain on the GPI board as an executive director. He will be redeployed to head up GPI?s Foods division (?Grand Foods?).

*Mr. Shaun Barends has been appointed as the new FD.



The above appointments all take effect on 1 July 2017.



Management change

Shareholders are referred to the announcement released on SENS on 17 March 2017 relating to Mr. Alan Keet?s resignation from the board of GPI and as CEO, and are hereby advised that Mr. Keet has left the GPI Group.



Mr. Dylan Pienaar will take over as the CE of the Grand Foods division on 1 July 2017.

19-May-2017
(Official Notice)
Shareholders are hereby advised that GPI, through a wholly owned subsidiary, has acquired 3 099 176 ordinary shares in Spur Corporation Ltd (?Spur?) for a purchase consideration of R32.50 per share, through a trade with an unknown counterparty (?Trade?), with effect from 8 May 2017.



In addition to the Trade, GPI has acquired an additional 5 018 555 ordinary shares in Spur during the period commencing on September 2016 until the date of this announcement (?Additional Purchases?). The Additional Purchases were a combination of direct purchases and acquisitions on market through the order book.



Accordingly, GPI, through its wholly owned subsidiary, now holds approximately 17.48% of the issued ordinary share capital of Spur.



The acquisitions represented an opportunity for GPI to increase its interest in Spur. The acquisitions were in-line with GPI?s strategy to grow and diversify its investment portfolio beyond the gaming sector, focussing on businesses that meet management?s target IRR and other strategic objectives.



Financial effects

The value of the net assets that are the subject of the Trade is R100 723 220 and the Additional Purchases is R164 849 842.



GPI?s shareholding in Spur, including the shares acquired in terms of the Trade and the Additional Purchases, are held as assets available for sale. Accordingly, such assets are fair valued and therefore no profits are attributable to same.



Categorization

The Trade is categorized as a category 2 acquisition in terms of the JSE Listings Requirements. The Additional Purchases are not categorized as they were acquired from various parties over a period of time, but have been disclosed for the sake of completeness.



28-Mar-2017
(Official Notice)
17-Mar-2017
(Official Notice)
Shareholders are hereby advised that executive director and Chief Executive Officer, Mr Alan Keet, will be leaving the board of GPI and vacating the position of Chief Executive Officer, to take up the new role of Chief Executive Officer of GPI?s Foods division (?Foods Division?) with effect from 20 March 2017.
16-Mar-2017
(C)
14-Mar-2017
(Official Notice)
GPI hereby advised that a reasonable degree of certainty exists that in respect of the six months ended 31 December 2016:

- basic earnings per share will be between 6.80 and 7.37 cents per share, which equates to an increase of between 20% and 30% when compared to the previous period ended 31 December 2015; and

- headline earnings per share will be between 0.72 and 0.92 cents per share, which equates to a decrease of between 55% and 65% when compared to the previous period ended 31 December 2015.



The increase in basic earnings per share is mostly as a result of a R48.5 million profit, net of capital gains tax, on the disposal of 19.9% of GPI Slots (Pty) Ltd., which was concluded during the period.



The decrease in headline earnings per share can be attributed to two main factors being (1) GPI?s disposal of 10% of SunWest International (Pty) Ltd. (?Disposal?), which was concluded on 30 June 2016 and has resulted in a reduced contribution of R20.5 million (when compared to 31 December 2015) and (2) the initial investment of R13.7 million in the launch Dunkin Donuts and Baskin Robbins.



However, the decrease in headline earnings per share must be viewed in conjunction with the effect that the Disposal has had on the balance sheet. During the period GPI received proceeds of R547.5 million from the Disposal and utilised R281.2 million to repay debt and reduce its gearing to 16.5% at 31 December 2016. In addition, R112.0 million of the proceeds were utilised to pay a 25.0 cents dividend per share on 28 December 2016.



The financial results for the period ended 31 December 2016 will be published on or about 16 March 2017.
07-Dec-2016
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 18:00 on Tuesday, 6 December 2016 at Table Bay Hotel, Breakwater Boulevard, Victoria Wharf Shopping Centre V-A Waterfront, Western Cape(?AGM?), all of the resolutions proposed were passed by the requisite majority of GPI shareholders.



25-Nov-2016
(Official Notice)
Shareholders are hereby advised that the board of directors of the Company have approved and declared a gross ordinary dividend of 25 cents per share payable to shareholders on Wednesday, 28 December 2016. The dividend has been declared from income reserves. The dividend will be subject to a dividend withholding tax of 15% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. The net dividend payable to shareholders, subject to withholding tax at a rate of 15%, amounts to 21.25 cents per share. As at the date of this announcement the Company has 488 805 600 ordinary shares of no par value in issue. The Company?s tax registration number is 9037/0380/24.



Salient dates and times

Shareholders are hereby advised of the following salient dates and times for the payment of the dividend:

*Last day to trade ("cum" the dividend) in order to participate in the dividend Tuesday, 20 December 2016 Securities start trading "ex" dividend Wednesday, 21 December 2016

*Record date for purposes of determining the registered holders of GPI shares to participate in the dividend at close of business on Friday, 23 December 2016

*Payment date Wednesday, 28 December 2016



Share certificates may not dematerialised or rematerialised between Wednesday, 21 December 2016 and Friday, 23 December 2016, both dates inclusive.

25-Nov-2016
(Official Notice)
Shareholders are referred to the detailed announcements published by the Company dated 4 April 2016 and 10 May 2016 relating to the disposal by GPI and Sun International Ltd. of a 10% interest each in SunWest International (Pty) Ltd. (?SunWest?) (in the case of GPI a 10% economic interest and 19.96% voting interest) and a 10% interest each in Worcester Casino (Pty) Ltd. (?Worcester?) to Tsogo Sun Gaming (Pty) Ltd. (?Tsogo?)(?the Transaction?).



In terms of the Transaction, the purchase consideration of R675 million due to GPI was to be settled in one lump sum payment and 16 equal monthly installments. As at the date of this announcement an amount of R300 million has been paid by Tsogo and an amount of R375 million was due to be paid in 10 monthly installments of R37.5 million each.



Shareholders are hereby advised that GPI and Tsogo have agreed to amend the Transaction to accelerate the payment of the balance of the purchase consideration (?Amendment?). In terms of the Amendment, Tsogo will now make one final payment in the amount of R360 million to GPI on 30 November 2016, which payment shall constitute full and final payment of all amounts due to GPI in terms of the Transaction. The funds received by GPI in terms of the Amendment will be utilized to reduce outstanding debt facilities, return value to shareholders and will provide GPI with capacity to fund new acquisitions.



The discount of R15 million provided to Tsogo in respect of the accelerated payment amounts to 2.22% of the total purchase consideration and is not considered to be material by GPI. In addition, GPI is of the view that the Amendment is not in conflict with the transaction as approved by shareholders at the general meeting on 28 June 2016.



Pursuant to the JSE Listings Requirements, GPI has received confirmation from the JSE that it has no objection to the Amendment not being referred to shareholders for approval, for the reasons set out above. Accordingly, GPI will not be referring the Amendment back to shareholders.
25-Nov-2016
(Official Notice)
Shareholders are referred to the SENS announcement published on 31 October 2016 (?Announcement?) in relation to the potential acquisition of additional ordinary shares in Spur Corporation Ltd. (?Proposed Transaction?).



Shareholders are hereby advised the Proposed Transaction will no longer proceed as the Board of GPI have been advised that certain shareholders will not be supporting the Proposed Transaction and hence will not achieve the requisite shareholder approvals necessary to implement the transaction.



GPI remains a committed shareholder of Spur and will continue to seek opportunities to work with Spur to further enhance this relationship. Given that the Proposed Transaction will no longer proceed, caution is no longer required to be exercised by shareholders when dealing in the Company?s securities.
17-Nov-2016
(Official Notice)
Sun International (SIL) and GPI shareholders are referred to the circulars issued by SIL and GPI to their respective shareholders on 21 July 2014, detailing the agreement reached between SIL and GPI in terms of which SIL agreed to acquire, on a phased investment basis, up to a 70% equity interest in GPI Slots, as well as to the joint announcement released on the Stock Exchange News Service on 5 April 2016 wherein shareholders were advised that SIL had acquired up to a 50.1% equity interest in GPI Slots.



SIL and GPI are now pleased to announce that all the outstanding conditions precedent to the acquisition by SIL of a further 19.9% equity interest in GPI Slots have been fulfilled and, accordingly this acquisition has been implemented.



The acquisition consideration was based on an equity value of GPI Slots, determined by applying a 7.5 times EBITDA multiple to the actual GPI Slots EBITDA for the year ended 30 June 2016. The acquisition consideration payable by SIL for the 19.9% equity interest in GPI Slots equaled R262.1 million.



This latest acquisition results in SIL?s interest in GPI Slots increasing to 70%, with GPI retaining a 30% interest. The implementation of this acquisition concludes SIL?s phased investment into GPI Slots.
31-Oct-2016
(Official Notice)
14-Oct-2016
(Media Comment)
According to Business Report, Grand Parade Investment launched its first Dunkin Donuts restaurant in Cape Town. This follows a franchise agreement signed between GPI and Dunkin Brands in January, which will see GPI opening more than 250 Dunkin Donuts restaurants and more than 70 Baskin-Robbins stores in South Africa over the next 10 years.
13-Sep-2016
(C)
Revenue from continuing operations shot up to R772.3 million (R502.0 million) and gross profit jumped to R387.1 million (R244.1 million ). Loss from operations narrowed to R75.7 million (loss of R142.3 million). Profit attributable to ordinary shareholders from continuing operations was R202.8 million (loss of R47.9 million). Furthermore, headline earnings per share from continuing operations came in at 1.99 cents per share (loss of 10.17 cents per share).



Dividend

On 13 April 2016, GPI declared an ordinary dividend of 15.0 cents per share in respect of the profits relating to the 2015 financial year, which amounted to R71.5 million. GPI's strategy is to remain a dividend-active company and the possibility of declaring a dividend relating to 2016 profits will be considered once future cash flows can be determined with more certainty.



Prospects

The upcoming financial year is going to be approached by the Group with a significant amount of optimism despite the anticipated strong headwinds caused by a sustained weak local economy. The Group will continue to receive the monthly instalments of R37.5 million per month from Tsogo for the part disposal of SunWest and Worcester Casino, and will receive a total of R450.0 million during the course of the 2017 financial year. The Group will utilise the proceeds to repay its R225.0 million revolving loan facility which is expected to reduce its debt equity ratio to 17.6%.



The Group's focus during the next financial year will be on delivering on its strategy to grow its Food business which includes the continued improvement in the profitability of Burger King, launching both DUNKIN' DONUTS and BASKIN-ROBBINS and unlocking the synergies between the various Food investments. In addition, the Group will look to continue investing in Food businesses via premium restaurant brands and supply chain services and products to support the restaurant brands.



The Group will remain dividend active and will look to realign its dividend policy to align its ordinary dividends with the Group's earning profile.



Notice of AGM

Notice is hereby given that the annual general meeting of shareholders of GPI will be held on Tuesday, 6 December 2016, at 18:00 in the Ballroom, Table Bay Hotel, Breakwater Boulevard, Victoria Wharf Shopping Center, V-A Waterfront, Cape Town, Western Cape, to transact the business stated in the notice of annual general meeting.
12-Sep-2016
(Official Notice)
Shareholders are advised that Ms Tasneem Karriem has been appointed as an executive director on the board of GPI with effect from 9 September 2016.
05-Sep-2016
(Official Notice)
GPI advised that a reasonable degree of certainty exists that:

(i) basic earnings per share will be between 35.68 and 49.95 cents per share, which equates to a decrease of between 65% and 75% for the period ended 30 June 2016 compared to the previous period ended 30 June 2015;

(ii) basic earnings per share from continuing operations, which is included in the basic earnings per share, will be between 42.37 and 43.39 cents per share, which equates to an increase of between 515% and 525% for the period ended 30 June 2016 compared to the previous period ended 30 June 2015;

(iii) headline earnings per share will be between 1.58 and 2.63 cents per share, which equates to a decrease of between 75% and 85% for the period ended 30 June 2016 compared to the previous period ended 30 June 2015; and

(iv) headline earnings per share from continuing operations, which is included in the headline earnings per share, will be between 1.53 and 2.54 cents per share, which equates to an increase of between 115% and 125% for the period ended 30 June 2016 compared to the previous period ended 30 June 2015.



The financial results for the period ended 30 June 2016 will be published on or about 12 September 2016.
29-Jul-2016
(Official Notice)
In the notice of the GPI annual general meeting held 2 December 2015 (?AGM?), shareholders approved the repurchase of ordinary shares by way of a special resolution. Shareholders were further advised that any repurchases under the general authority would be at market value in accordance with the provisions set out under the relevant special resolution. At the AGM, shareholders granted a general authority to the board of GPI to repurchase up to 5% of the issued ordinary share capital of GPI.



Shareholders are hereby advised that GPI has repurchased 14 905 569 ordinary shares, representing 3.05% of the issued ordinary share capital as at the date of the authority to repurchase the ordinary shares was granted, out of the Company?s available cash resources. The aforementioned ordinary shares were repurchased for an aggregate value of R52 349 331.



The repurchases were made in terms of the general authority granted by shareholders at the AGM, and were effected through the order book operated by the JSE trading system without any prior understanding or arrangement between the Company and the counterparties. The general repurchase of ordinary shares has been complied with in terms of paragraph 5.72(a) of the JSE Listings Requirements. The repurchases took place in accordance with a repurchase programme submitted to the JSE prior to the prohibited period in terms of paragraph 5.72(h) of the JSE Listings Requirements. The ordinary shares repurchased will be held as Treasury shares by a wholly-owned subsidiary of GPI.



GPI is entitled to repurchase a further 14 809 443 ordinary shares (3.03% of the ordinary shares in issue as at the date of the authority), in terms of the current general authority, which is valid until GPI?s next AGM.
29-Jun-2016
(Official Notice)
Shareholders are referred to the detailed announcements published by the company dated 4 April 2016 and 10 May 2016 relating to the disposal by GPI and Sun International Ltd. of a 10% interest each in SunWest International (Pty) Ltd. (?SunWest?) (in the case of GPI a 10% economic interest and 19.96% voting interest) and a 10% interest each in Worcester Casino (Pty) Ltd. (?Worcester?) to Tsogo Sun Gaming (Pty) Ltd. (?the Transaction?).



Results of General Meeting

Shareholders are hereby advised that at the general meeting of the company held yesterday, 28 June 2016 at the Market Hall, GrandWest Casino, Goodwood, Cape Town, Western Cape (?GM?), the resolutions, all of which pertain to the Transaction, were passed by the requisite majority of GPI shareholders.



Conditions Precedent Fulfilled

Shareholders are advised that all the conditions precedent to the Transaction have now been fulfilled and that the Transaction has accordingly become unconditional and will be implemented in accordance with its terms.
27-May-2016
(Official Notice)
Shareholders are referred to the detailed announcements published by the company on SENS dated 4 April 2016 and 10 May 2016 relating to the disposal by GPI and Sun International Ltd. of a 10% interest each in SunWest International (Pty) Ltd (in the case of GPI a 10% economic interest and 19.96% voting interest) and a 10% interest each in Worcester Casino (Pty) Ltd. to Tsogo Sun Gaming (Pty) Ltd. (?the Transaction?).



Shareholders are hereby advised that the JSE has formally approved the circular relating to the Transaction (?the Circular?) and that the circular was distributed to shareholders today, 27 May 2016.



Notice of General Meeting

Notice is hereby given that a general meeting of GPI shareholders will be held at 18h00 on Tuesday, 28 June 2016 at Market Hall, GrandWest Casino, Goodwood, Western Cape (?the General Meeting?), to consider and, if deemed fit, approve the resolutions relating to the Transaction as contained in the notice of the general meeting which forms part of the circular.



The date on which shareholders must be recorded in the share register of GPI for purposes of being entitled to attend and vote at the general meeting is Friday, 17 June 2016, with the last day to trade being Thursday, 9 June 2016.



The circular incorporating the notice of general meeting is also available on the company?s website www.grandparade.co.za and can be viewed at its offices at 33 on Heerengracht, Heerengracht Street, Foreshore, Cape Town, Western Cape during office hours.



10-May-2016
(Official Notice)
Shareholders of Grand Parade Investments Ltd (?GPI?) are referred to the terms announcement released on SENS on Monday, 4 April 2016 (?the Announcement?) relating to the disposal by GPI and Sun International Ltd of a 10% interest each in SunWest International Pty Ltd (?SunWest?) (in the case of GPI a 10% economic interest and 19.96% voting interest) and a 10% interest each in Worcester Casino Pty Ltd (?Worcester?) to Tsogo Sun Gaming Pty Ltd (?the Transaction?).



In accordance with the Announcement, the outstanding pro forma financial effects of the transaction is disclosed.

The consolidated pro forma financial effects of the Transaction, are the responsibility of the directors. The consolidated pro forma financial effects are presented in a manner consistent with the basis on which the historical financial information has been prepared and in terms of the Company?s accounting policies. The pro forma financial effects have been presented for illustrative purposes only and, because of their nature, may not give a fair reflection of the Company?s financial position post the implementation of the Transaction.



The table below sets out the pro forma financial effects of the adjustments on the Company, based on the interim financial results for the six months ended 31 December 2015 and on the assumption that, for calculating the net asset value per GPI share and net tangible asset value per GPI share, the adjustments were effected on 31 December 2015. In respect of the earnings per GPI share and headline earnings per GPI share it is assumed that the adjustments were effected on 1 July 2015.



Shareholders are referred to the cautionary announcement included in the announcement and are hereby advised that since the pro forma financial effects relating to the transaction have been disclosed, caution is no longer required to be exercised by shareholders when dealing in the Company?s securities.

13-Apr-2016
(Official Notice)
Shareholders are hereby advised that the board of directors of the company have approved and declared a gross ordinary dividend of 15 cents per share payable to shareholders on Monday, 9 May 2016. The dividend has been declared from income reserves.



The dividend will be subject to a dividend withholding tax of 15% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. The net dividend payable to shareholders, subject to withholding tax at a rate of 15%, amounts to 12.75 cents per share.



As at the date of this announcement the company has 488 805 600 ordinary shares of no par value in issue.



The company?s tax registration number is 9037/0380/24.



Salient dates and times

Shareholders are hereby advised of the following salient dates and times for the payment of the dividend:

*Last day to trade (?cum? the dividend) in order to participate in the dividend -- Thursday, 28 April 2016

*Securities start trading ?ex? dividend -- Friday, 29 April 2016

*Record date for purposes of determining the registered holders of GPI shares to participate in the dividend at close of business on Friday, 6 May 2016

*Payment date -- Monday, 9 May 2016



Share certificates may not dematerialised or rematerialised between Friday, 29 April 2016 and Friday, 6 May 2016, both dates inclusive.
05-Apr-2016
(Official Notice)
04-Apr-2016
(Official Notice)
16-Mar-2016
(C)
Revenue for the interim period increased to R363.2 million (2014: R237.2 million), gross profit rose to R191 million (2014: R113.9 million), profit from continuing operations attributable to ordinary shareholders turned around to R26.8 million (2014: loss of R46.8 million), while headline earnings per share was slightly lower at 2.05 cents per share (2014: 3.17 cents per share).



Dividend

No dividends were declared during the period as a result of the delay in concluding the second tranche disposal of GPI Slots. GPI is currently reviewing its dividend policy to take into consideration the expansion of its food-related investments. GPI intends to remain a dividend-active company going forward.



Prospects

It is expected that the local economy will continue to come under pressure for the remainder of the financial year with further increases in interest rates, continued food price increases and the weakened rand. These factors will have an effect, both positive and negative, on GPI's Food and Gaming and Leisure investments and GPI is confident that each investment is being actively managed so as to limit the impact on the respective businesses.



GPI will focus on the following for the remainder of the financial year:

- To continue working on eliminating the discount currently being applied by the market to the fair value of its investment in SunWest as a result of the expiry of GrandWest's exclusivity term.

- To conclude the second tranche disposal of GPI Slots.

- To continue with the development of Burger King.

- To successfully launch the first Dunkin' Donuts restaurant in South Africa.

- To reduce the Group's gearing level to within its targeted debt equity range of between 20% and 35%.



GPI and its management team is in a strong position to navigate their investments through the current economic downturn and are committed to increasing value to shareholders while also creating jobs for the country.
10-Mar-2016
(Official Notice)
GPI hereby advises that a reasonable degree of certainty exists that basic earnings per share will decrease by between 92% and 100% and that headline earnings per share will decrease by between 31% and 39% for the period ended 31 December 2015 compared to the basic earnings per share and headline earnings per share for the previous period ended 31 December 2014.



Consequently, the basic earnings per share for the period ended 31 December 2015 will be between 0.48 cents and 10.86 cents per share, compared to the basic earnings per share of 129.69 cents for the previous comparable period. Headline earnings per share for the period ended 31 December 2015 will be between 1.92 cents and 2.18 cents per share, compared to the headline earnings per share of 3.17 cents for the previous comparable period.



Basic earnings per share have decreased due to the disposal of 25.1% of GPI Slots (Pty) Ltd (?GPI Slots?) in the prior period which resulted in a R648.0 million gain recognised in the prior period?s basic earnings.



Headline earnings per share have also decreased as a result of the disposal of 25.1% of GPI Slots in the prior period. The effect of the disposal has resulted in the portion of GPI Slots? earnings recognised in GPI?s headline earnings to decrease from 100.0% in the prior period to 30.0% in the current period.



The financial information on which this trading statement is based has not been reviewed and reported on by GPI?s external auditors. The financial results for the period ended 31 December 2015 will be published on or about 16 March 2016.
19-Feb-2016
(Official Notice)
Shareholders are advised that after a three and a half year period as Chief Executive Officer of BKSA, a wholly-owned subsidiary of GPI, Mr. Jaye Sinclair has advised executive management of his intention to resign and that consequently, his tenure with BKSA will end on 29 February 2016.



Shareholders will be updated on the wider GPI strategy for its Foods division, given the recent announcement of the acquisition of the rights to establish the Dunkin? Donuts and Baskin-Robbins QSR brands, at the next interim results presentation.



Interim results presentations

Presentations will be held in Johannesburg at the JSE on 16 March 2016 at 10:00 and in Cape Town at the Table Bay Hotel on 17 March 2016 at 10:00.



Investors who wish to dial into the presentation on 16 March 2016 should use the following details:

Conference call details:

*South Africa: 0 800 200 648 / +27 11 535 3600

*UK: 0808 162 4061

*USA and Canada: 1 855 481 5362



Webcast link: http://themediaframe.eu/links/gparade160316.html



17-Feb-2016
(Official Notice)
Shareholders are referred to the SENS announcement dated 22 January 2016 (?Announcement?), whereby shareholders were advised that GPI had signed an exclusive master franchise agreement with Dunkin? Brands International (?Agreement?) to develop two of the world?s most recognisable brands, Dunkin? Donuts and Baskin-Robbins, in South Africa with a right of first refusal (ROFR) to enter Namibia, Botswana, Zambia and Mauritius(?Transaction?).



Shareholders are advised that the condition precedent to the Agreement has now been fulfilled and that the Transaction is accordingly unconditional.
22-Jan-2016
(Official Notice)
The board of GPI announced that they have signed an exclusive master franchise agreement with Dunkin? Brands International to develop two of the world?s most recognisable brands, Dunkin? Donuts and Baskin-Robbins, in South Africa with a right of first refusal (ROFR) to enter Namibia, Botswana, Zambia and Mauritius.



Under the agreement, GPI will develop over 250 Dunkin? Donuts restaurants and more than 70 Baskin-Robbins shops in South Africa, through both corporate-owned stores and franchised outlets, with an initial focus on Cape Town and Johannesburg. The agreement also calls for the introduction of Baskin-Robbins ice cream products to supermarket chains and convenience stores in South Africa over the license period. The Dunkin? Brands International franchise agreement allows GPI to capitalise on its existing experience in the management of quick service restaurants. It also affirms GPI?s strategy to expand its food portfolio by investing in respected and market-leading brands.



Dunkin? Donuts is one of the world?s leading coffee and bakery chains, with more than 11,500 outlets in 40 countries worldwide selling more than 1, 8 billion cups of coffee a year. Over 50% of Dunkin? Donuts global sales consist of coffee sales. Baskin-Robbins is the world?s largest chain of ice cream specialty outlets known for its ?31 flavours? and creative range of frozen desserts. Currently there are more than 7,600 Baskin- Robbins outlets in nearly 50 countries, serving over 300 million customers a year.



The board of GPI believes that partnering with such highly-respected global brands provides the ideal platform to further establish the company?s food business and it plans to roll-out its first Dunkin? Donuts restaurant and Baskin-Robbins shop in the second half of 2016. The exclusive Master Licence Agreement is for a 10-year period with an option to renew for further 10-years.



GPI will invest R210 million over the next 10-years, which will be funded off its own balance sheet and it does not expect to raise any third party debt related to this transaction. This transaction will have a minimal impact on the earnings for the group in the short term.



Conditions precedent

The agreement is subject to GPI?s receipt of approval from the Financial Surveillance Department of the South African Reserve Bank.



03-Dec-2015
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held yesterday, 2 December 2015 at the Market Hall, GrandWest Casino, Goodwood, Cape Town, Western Cape (?AGM?), all of the resolutions were passed by the requisite majority of GPI shareholders, save for the withdrawal of ordinary resolution number 9 prior to the AGM.
16-Oct-2015
(Official Notice)
Shareholders are hereby advised that GPI?s annual report, containing the Group?s audited annual financial statements and Integrated Annual Report for the year ended 30 June 2015 contains no modifications to the results which were announced on SENS on 29 September 2015 and will be available on the Company?s website at www.grandparade.co.za from Monday, 19 October 2015 or may be obtained upon request to the company secretary at info@grandparade.co.za.



Notice of Annual general meeting

Notice is hereby given that the annual general meeting of shareholders of GPI will be held on Wednesday, 2 December 2015, at 18:00 in the Market Hall, GrandWest Casino, Goodwood, Cape Town, Western Cape, to transact the business stated in the notice of annual general meeting, which notice forms part of the Notice to Shareholders containing the summarised results for the year ended 30 June 2015, distributed to shareholders 16 October 2015.



The date on which shareholders must be recorded in the share register of the Company for purposes of being entitled to attend and vote at the annual general meeting is Friday, 27 November 2015, with the last day to trade being Friday, 20 November 2015.
05-Oct-2015
(Official Notice)
Shareholders are referred to the SENS announcement dated 8 September 2015, whereby shareholders were advised that GPI had entered into a sale of shares agreement with Excellent Holdings (Pty) Ltd. (?Excellent?) and Nadesons Investments (Pty) Ltd. (?Nadesons?) (collectively referred to as ?the Sellers?), in terms of which the Sellers have agreed to sell 65.00% of the total issued ordinary share capital of EMBP to the Company (?the Acquisition?).



Due to one of the Sellers, namely Nadesons Investments, being an associate of Mr Hassen Adams and Mr Alan Keet, both directors of GPI, the Acquisition is a small related party transaction in terms of section 10 of the Listings Requirements of the JSE Ltd. (?JSE?).



Accordingly, GPI appointed Mazars Corporate Finance (Pty) Ltd. (?Mazars?) as the independent expert to provide written confirmation of the fairness of the Acquisition to GPI shareholders and to the JSE. The aforementioned fairness opinion will lie open for inspection at the registered address of GPI for a period of 28 days from the date of publication of this announcement.
29-Sep-2015
(Official Notice)
Shareholders are referred to the preliminary reviewed group results for the year ended 30 June 2015 as announced on SENS on 1 September 2015 (?Preliminary Results?) and which is available on Granprade?s website at www. grandparade.co.za. In note 2.2 of the Preliminary Results full particulars of errors identified in the unaudited interim results for the six months ended 31 December 2014 were disclosed to shareholders, upon which our auditors, Ernst - Young Inc., have issued a reportable irregularity.



Shareholders are hereby advised that there are no amendments to the Preliminary Results and accordingly the Preliminary Results are now the provisional audited group results for the year ended 30 June 2015.



Shareholders are further advised that the integrated report of Granprade is in the process of finalisation and is expected to be distributed to shareholders on or about 9 October 2015.
08-Sep-2015
(Official Notice)
01-Sep-2015
(Official Notice)
In compliance with paragraph 3.59(a) of the JSE Listings Requirements, shareholders are advised that Mr Rasheed Hargey has been appointed as a non-executive director on the board of GPI with effect from 1 September 2015.
01-Sep-2015
(C)
Revenue increased to R502 million (R135 million). Gross profit rose to R244.1 million (R49.9 million), however loss from operations widened to R142.3 million (loss of R115.5 million). Net attributable loss from continuing operations came in at R47.9 million (profit of R65.5 million) . Additionally, headline earnings per share was higher at 10.53cps (3.17cps).



Dividend

A 20.0 cents ordinary dividend per share was declared in respect of the profits relating to the 2014 financial year on 5 January 2015. The Group's strategy is to remain a dividend active company and to annually pay a dividend. Given the timing around recent corporate activity, the company will announce the date of declaration of the dividend relating to the 2015 profits when certainty around future cash flows from these corporate actions are obtained.



Prospects

The performance of its underlying investments over the past year has provided Granprade with the platform to continue to grow despite the challenges facing the economy. Granprade will focus, in the short term, on its core investments in gaming and food, which present a number of exciting opportunities for Granprade to accelerate its growth.



Granprade will conclude the sale of the second tranche of Granprade Slots and unlock the potential of its sports betting and gaming machine manufacturing investments. The focus will remain on the expansion of Burger King to ensure that it reaches its critical mass during the upcoming year, which will allow the investment to sustain its expansion without the support of Granprade.



Granprade will also identify and unlock synergies between its investments in Burger King and Spur, as the potential to create value between these two investments is significant.



Granprade?s current portfolio of investments underpins the Group?s strategy, inasmuch as there is diversification across sectors and maturity of investments. This diversification allows for both growth and the cash flows to continue to pay annual dividends on a sustainable basis.



The attractiveness of Granprade as an investor will always lead to many opportunities, but management will only consider industries outside of its current portfolio of investments if the opportunity can satisfy all of the Group's investment criteria.
26-Aug-2015
(Official Notice)
Due to the high level of corporate activity that took place during the year ended 30 June 2015, a number of once-off accounting gains and profits from disposals were realized which have had a material effect on the basic earnings for the year ended 30 June 2015 and require a detailed explanation.



In addition, a detailed explanation is required in respect of the improved earnings from the Group?s investments in SunWest International (Pty) Ltd and GPI Slots (Pty) Ltd, which have had a material effect on the headline earnings for the year ended 30 June 2015.



GPI hereby advises that a reasonable degree of certainty exists that basic earnings per share will increase by between 834% and 844% and that headline earnings per share will increase by between 227% and 237% for the year ended 30 June 2015 compared to the basic earnings per share and headline earnings per share for the previous year ended 30 June 2014.



Consequently, the basic earnings per share for the year ended 30 June 2015 will be between 141.96 cents and 143.48 cents per share, compared to the basic earnings per share of 15.20 cents for the previous comparable period. Headline earnings per share for the year ended 30 June 2015 will be between 10.37 cents and 10.69 cents per share, compared to the headline earnings per share of 3.17 cents for the previous comparable period.



The financial results for the year ended 30 June 2015 will be published on 31 August 2015.
15-Jul-2015
(Official Notice)
Sun International and GPI shareholders (?Shareholders?) are referred to the circulars issued by Sun International and GPI (?the parties?) respectively to its Shareholders on 21 July 2014 ("Circular") in respect of the proposed acquisition by Sun International, through its wholly-owned subsidiary Sun International (South Africa) Ltd. (?SISA?), of a material shareholding in GPI Slots, from GPI (?Acquisition?) and the various announcements released on the Stock Exchange News Service (?SENS?) of the JSE Ltd. ("JSE") regarding the Acquisition, including the announcement released on SENS on 29 December 2014 wherein Shareholders were advised that the acquisition of the initial 25.1% interest in GPI Slots was implemented.



In terms of the Acquisition, GPI granted SISA options, exercisable within 30 days of the financial results of GPI Slots for the year ending 30 June 2015 and 30 June 2016, being finalised, which is anticipated to be in September 2015 and 2016 respectively, to acquire additional GPI Slots shares and shareholder loans for cash such that SISA?s total shareholding and shareholder loans in GPI Slots post exercise of Option Two will be 50.1% and post exercise of Option Three will be 70%.



In order to allow for the applications to be made to the various regulators to approve Sun International acquiring the further shareholding in respect of the Option Two and Option Three, the parties have agreed to amend the terms of the sale of shares and claims agreement (?Amendments?) to allow for the applications to the regulators to be made upfront whilst maintaining all commercial aspects of the Acquisition as initially envisaged. Should SISA elect not to proceed with the acquisition of the shareholdings under Option Two and Option Three, SISA will be liable to pay all the costs associated with the regulatory submission fees and approvals.



The Amendments have been considered by the parties? directors, their respective legal advisors and reporting accountants and have confirmed that the Amendments do not have a material effect on the previously calculated pro forma financial effects and that the commercial terms of the Acquisition remain unchanged. Consequently, no further Sun International or GPI shareholder approval will be sought in respect of the Amendments.
03-Jul-2015
(Official Notice)
With regards to the various announcements relating to the Proposed Transaction released since May 2014, and in particular on 29 January 2015, on the Stock Exchange News Service of the JSE Ltd. by Sun International, Tsogo Sun Holdings Ltd. and Grand Parade Investments Ltd. (?the Parties?), a key condition was that the Proposed Transaction be implemented by 31 May 2015. The initially agreed implementation date was subsequently extended by the Parties to 31 August 2015 (the ?Revised Implementation Date?). It has since become apparent that the approvals required in order to conclude the Proposed Transaction will not be achieved by the Revised Implementation Date. Furthermore the commercial metrics of the Proposed Transaction have changed, due to the effluxion of time, and as such the Parties decided not to extend the Revised Implementation Date and have mutually agreed to terminate the Proposed Transaction. Based on the above, the Parties have commenced taking steps to withdraw the applications made to the relevant regulatory authorities that would have been required in order to give effect to the Proposed Transaction.
27-Feb-2015
(C)
Revenue from continuing operations jumped to R237.2 million (R48.1 million). Gross profit rose to R113.9 million (R20.9 million). Loss from operations widened to R92.2 million (loss of R42.5 million). Loss from continuing operations attributable to ordinary shareholders came in at R98.2 million (profit of R19.0 million). Furthermore, headline loss was 5.74 cents per share (earnings of 13.95 cents per share).



Dividend

An annual dividend of 20.0 cents per share was declared, as announced on SENS on 5 January 2015, which is 33.3% higher than last year's annual dividend of 15.0 cents per share.



Prospects

The focus on cementing Granprade's status as an investment holding company with a diversified portfolio of complementary assets, has allowed the investigation of several opportunities that have been presented to us in other sectors.



The focus is, however, on ensuring that Granprade extracts maximum value from its existing assets. BURGER KING?'s growth is a key strategic area for Granprade and that will be achieved through expansion of the South African development, acquisitions along the supply chain and initial investigations into exercising rights relating to other regions in Africa.



This strategy remains irrespective of the outcome of the sale of Granprade's casino assets.
26-Feb-2015
(Official Notice)
Shareholders of Granprade are referred to the announcement released on SENS on 10 October 2014 relating to the appointment of Mr. Dylan Pienaar as the interim financial director of Granprade with effect from 1 November 2014, following on Ms. Sukena Petersen standing down as the financial director of the company.



The Granprade board announced that it has confirmed the permanent appointment of Mr. Pienaar as the company?s financial director with effect from 1 March 2015.
23-Feb-2015
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd., a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more from those of the previous comparable period.



Due to the high level of corporate activity that took place during the six months to 31 December 2014, there have been a number of once off adjustments and accounting reclassifications that require a detailed explanation and have had a material effect on the earnings for the 6 month period ending 31 December 2014.



GPI hereby advises that a reasonable degree of certainty exists that basic earnings per share will increase by between 380% and 400% and headline earnings per share will decrease by between 130% and 150% for the 6 month period ended 31 December 2014 from the basic earnings per share and headline earnings per share for the previous comparable 6 month period ending 31 December 2013.



Consequently, the basic earnings per share for the 6 month period ended 31 December 2014 will be between 125.81 cents and 131.05 cents per share, compared to the basic earnings per share of 26.21 cents for the previous comparable period and the headline loss per share for the 6 month period ended 31 December 2014 will be between 4.19 cents and 6.98 cents per share, compared to the headline earnings per share of 13.95 cents for the previous comparable period.



The financial information on which this trading statement is based has not been reviewed and reported on by GPI?s external auditors. The financial results for the 6 month period ended 31 December 2014 are expected to be published on or about 27 February 2015.
30-Jan-2015
(Official Notice)
Shareholders of Granprade are hereby advised that Mr. Anthony Bedford will resign as non-executive director of the company with effect from 1 February 2015.



Changes to the board of directors of a major subsidiary

Shareholders are furthermore advised that Mr. Alex Abercrombie will resign as executive chairman of GPI Slots Proprietary Ltd. (?GPI Slots?) and the GPI Slots subsidiary companies with effect from 27 February 2015. Mr. Abercrombie will continue as a director of GPI in a non-executive capacity.



Shareholders are furthermore advised that Mr. Dylan Pienaar will resign as executive director of GPI Slots and the GPI Slots subsidiary companies with immediate effect. Mr. Pienaar will remain interim Finance Director of Granprade.



The resignations of Messrs. Abercrombie and Pienaar from their respective GPI Slots roles, are consequential to the implementation of the agreements in terms of which Sun International Ltd. (through its wholly owned subsidiary Sun International (South Africa) Ltd.) acquired a material stake in GPI Slots.
29-Jan-2015
(Official Notice)
Further to the various announcements released on the Stock Exchange News Service by Tsogo Sun Holdings Ltd., Sun International and Granprade (?the Parties?) during May 2014 with regard to the Transaction, the Parties hereby advise that the Competition Commission has recommended to the Competition Tribunal (?the Tribunal?) that the Transaction be prohibited in terms of section 14A(1)(b)(iii) of the Competition Act, No. 89 of 1998, as amended.



The approval of the Tribunal is a condition precedent to the Transaction.



The Parties do not agree with the recommendation made by the Competition Commission and intend to oppose such recommendation before the Tribunal.



The Parties will keep shareholders apprised of any significant developments herein.
13-Jan-2015
(Official Notice)
Shareholders are referred to the SENS announcement dated 20 October 2014, whereby shareholders were advised that Granprade had entered into a sale of shares agreement with, inter alia, Ranmac Management and Holdings (Pty) Ltd., Nadesons Investments (Pty) Ltd. (?Nadesons Investments?) and Razia Khan (collectively referred to as ?the Sellers?), in terms of which the Sellers agreed to sell 35.00% of the total issued ordinary share capital of Mac Brothers to the Company (?the Acquisition?).



Due to one of the Sellers, namely Nadesons Investments, being an associate of Mr Hassen Adams and Mr Alan Keet, both directors of Granprade, the Acquisition is a small related party transaction in terms of the Listings Requirements of the JSE Ltd. (?JSE?).



Accordingly, Granprade appointed Mazars Corporate Finance (Pty) Ltd. (?Mazars?) as the independent expert to provide written confirmation of the fairness of the Acquisition to Granprade shareholders and to the JSE. The aforementioned fairness opinion will lie open for inspection at the registered address of Granprade for a period of 28 days from the date of publication of this announcement.



Shareholders are hereby further advised that all the outstanding conditions precedent to the Acquisition have been fulfilled and accordingly the Acquisition is now unconditional and will be implemented in terms of the agreements governing the Acquisition.
05-Jan-2015
(Official Notice)
Shareholders are advised that the board of directors of the Company have declared an ordinary dividend of 20 cents per share payable to shareholders on Monday, 2 February 2015. The dividend has been declared from income reserves.



The Company has utilised Secondary Tax on Companies? (STC) credits amounting to 19.11 cents per share. The balance of the dividend will be subject to a dividend withholding tax of 15% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. The net dividend payable to shareholders subject to withholding tax at a rate of 15%, amounts to 19.8665 cents per share.



As at the date of this announcement the Company has 486 958 754 ordinary shares of no par value in issue. The Company?s tax reference number is 9037/0380/24.



Salient dates and times

Shareholders are reminded of the following salient dates and times for the payment of the dividend:

* Last day to trade (?cum? the dividend) in order to participate in the dividend: Friday, 23 January 2015

* Securities start trading ?ex? dividend: Monday, 26 January 2015

* Record date for purposes of determining the registered holders of GPI shares to participate in the dividend at close of business on Friday, 30 January 2015

* Payment date : Monday, 2 February 2015



Share certificates may not be dematerialised or rematerialised between Monday, 26 January 2015 and Friday, 30 January 2015, both dates included.
29-Dec-2014
(Official Notice)
Sun International Ltd. ("SunInt") and Granprade shareholders are referred to the circular as issued by SunInt and Granprade respectively to its shareholders on 21 July 2014 ("Circular") in respect of the proposed material acquisition in Granprade Slots by SunInt through its wholly owned subsidiary Sun International (South Africa) Ltd., from Granprade (?Proposed Acquisition?) and the announcement detailing the results of the general meeting dated 22 August 2014 wherein SunInt and Granprade shareholders were respectively informed that all resolutions required for the approval of the Proposed Acquisition were passed by the requisite majority by both SunInt and Granprade shareholders at their respective general meetings.



Fulfilment of Conditions Precedent

SunInt and Granprade shareholders were originally advised that the agreements to give effect to the Proposed Acquisition included a condition precedent (which, in terms of the agreements was not capable of waiver) which required the Mpumalanga Gambling Board approval in terms of section 36 of the Mpumalanga Gambling Act, Act No. 5 of 1995 (?Act?). Subsequently, the agreements have been amended such that the parties are able to waive and have agreed to waive, the Mpumalanga Gambling Board approval (?Waived Condition?), given that the Act allows for the approval of the Mpumalanga Gambling Board to be obtained subsequent to implementation. The intention is that the Waived Condition will then be obtained post implementation of the Proposed Acquisition.



The Waived Condition is considered immaterial to the Proposed Acquisition and no further SunInt or Granprade shareholder approval will be sought in this respect.



As a result of the Waived Condition, the Proposed Acquisition is now unconditional (all other conditions precedent having been fulfilled) and will be implemented by SunInt and Granprade in terms of the agreements governing the Proposed Acquisition.
11-Dec-2014
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the company held yesterday, 10 December 2014 at The Roof Terrace Room, Cape Town International Convention Centre, Foreshore, Cape Town, Western Cape (?AGM?), all of the resolutions were passed by the requisite majority of GPI shareholders.
30-Oct-2014
(Official Notice)
Shareholders are referred to the Company's announcement released on SENS on 31 July 2014 regarding the category 2 transaction in terms of which GPI entered into definitive agreements to subscribe for 10% of the issued ordinary share capital of Spur Corporation Ltd. ("Spur") as part of a strategic Broad-Based Black Economic Empowerment ("B-BBEE") transaction for a total purchase consideration of R294.7 million (the "Proposed Transaction").



Shareholders are advised that all the conditions precedent to the Proposed Transaction have now been fulfilled and that the Proposed Transaction has accordingly become unconditional. GPI has been issued with 10 848 093 ordinary shares in the issued listed ordinary share capital of Spur.
23-Oct-2014
(Official Notice)
Shareholders were advised that Granprade's application for the Third National Lottery Licence ("Licence") has been unsuccessful. Grand Lottery (Pty) Ltd. ("Grand Lottery"), a wholly-owned subsidiary of Granprade, and the applicant for the Licence, received notice today from the Minister of Trade and Industry that its application had been unsuccessful.



Grand Lottery submitted a Licence bid to the National Lottery Board on 30 November 2013. The bid costs were accounted for in the previous financial year and since then no significant expenses have been incurred.



Granprade remains focused on the growth of its existing businesses with particular reference to the extensive roll out of BURGER KING? stores nationally and the development, to maximum capacity, of the manufacturing potential of Mac Brothers Catering Equipment (Pty) Ltd. and Grand Tellumat Manufacturing (Pty) Ltd. ("GTM").



GTM remains well positioned to become a leading manufacturer of gaming machines and intends to explore opportunities for the manufacture of lottery and ancillary terminals. The Licence application does not constitute a reportable transaction in terms of section 9 of the JSE Ltd. Listings Requirements and accordingly this announcement is made on a voluntary basis.
20-Oct-2014
(Official Notice)
Shareholders are hereby advised that GPI has entered into a sale of shares agreement dated 20 October 2014("the Agreement") with, inter alia, Ranmac Management and Holdings (Pty) Ltd. ("Ranmac"), Nadesons Investments (Pty) Ltd. ("Nadesons Investments") and Razia Khan (collectively referred to as "the Sellers"), in terms of which the Sellers have agreed to sell 35.00% of the total issued ordinary share capital of Mac Brothers ("the Sale Shares") to the Company ("the Acquisition"). Following the successful implementation of the Acquisition, Mac Brothers will be a wholly-owned subsidiary of GPI.



Purchase consideration

The total consideration payable by the Company to the Sellers for the purchase of the Sale Shares is the aggregate of R23 755 017.85 to be paid to the Sellers through a combination of cash and the issue of new GPI Shares, which will be issued at the volume-weighted average price ("VWAP") per GPI share for the 30 (thirty) day trading period immediately preceding the signature date of the Agreement ("GPI Shares"), as set out below:

* Ranmac - an amount of R13 574 320.62 payable in GPI Shares;

* Nadesons Investments - an amount of R6 787 117.08 payable in cash; and

* Razia Khan - an amount of R3 393 580.16 payable in cash.



Conditions precedent

The Acquisition is subject to the fulfilment of the following outstanding conditions precedent:

* that on or before 31 October 2014, the parties comply, to the extent necessary by law, with the JSE Listings Requirements (including in relation to the issue of GPI Shares to Ranmac on the closing date); and

* that on or before 31 October 2014, excess cash will be declared as a dividend by Mac Brothers to the current shareholders of Mac Brothers ("the Dividend").



Effective date

In terms of the Agreement, the effective date of the Acquisition will be the 3rd (third) business day following the date on which all the conditions precedent set out in paragraph 6 above have either been fulfilled or waived, which is expected to be before 31 October 2014 and/or, should the condition precedent referred to above be waived, the date on which the Dividend is declared or paid, whichever is the later.
10-Oct-2014
(Official Notice)
Shareholders of Granprade are hereby advised that Ms. Sukena Petersen is standing down as the financial director of the company with effect from 1 November 2014, due to increased family commitments. Ms. Petersen will remain in Granprade as a valuable member of management, but redeployed within another role.



Shareholders of Granprade are moreover advised that Mr. Dylan Pienaar has been appointed as the interim financial director of Granprade with effect from 1 November 2014.



The Granprade board expects to make a final determination of the permanent financial director by no later than 1 March 2015.
02-Oct-2014
(Official Notice)
Shareholders are advised that the Integrated Annual Report for the year ended 30 June 2014 was posted to shareholders on 02 October 2014, and save for the changes to the financials, contains no material modifications to the reviewed results which were published on SENS on Monday, 28 August 2014.



Notice of AGM

The annual general meeting of shareholders of Granprade will be held on Wednesday, 10 December 2014, at 18:00 at The Roof Terrace Room, Cape Town Convention Centre, Foreshore, Cape Town, Western Cape to transact the business stated in the notice of annual general meeting, which notice forms part of the abridged annual report.
28-Aug-2014
(C)
Revenue increased to R135 million (R15.6 million). Gross profit rose by 7% to R49.9 million (R12.3 million) however profit from operations decreased to R115.5 million (R37.3 million). Net attributable profit fell to R52.9 million (R49.5 million) . Additionally, headline and diluted headline earnings per share was lower at 2.76cps (28.23cps).



Dividend

The company has reaffirmed its policy of being dividend active, but has delayed an announcement of a dividend until such time as the proceeds from the sale of its gaming assets to Sun International and other parties is certain and all conditions precedent have been met.



Prospects

The domestic economy remains under pressure with high inflation slow growth and a cycle of increasing interest rates. Trading conditions will consequently remain under pressure for our Gaming and Food assets.



BURGER KING? is projected to break-even in short term and will no longer require any further cash investment from GPI beyond June 2015. The expansion of BURGER KING? locally as well as within the African countries to which GPI has the rights, will be continued and explored to such an extent that it is envisaged that the income that is foregone through the sales of the Gaming assets will be replaced by the remaining assets, by 2016. Beyond 2016, the potential growth in revenues and profitability is projected to justify the decision to re-position GPI through the sale of assets where growth has plateaued. The company?s strong balance sheet positions it well to take advantage of the current economic circumstances that prevail and to pursue its strategic goals.
27-Aug-2014
(Official Notice)
Granprade advised that a reasonable degree of certainty exists that basic earnings per share and headline earnings per share for the year ended 30 June 2014 will decrease from the comparable basic earnings per share and headline earnings per share for the previous corresponding period being 30 June 2013 by between 37% and 57% and by between 80% and 100%, respectively.



Management considers adjusted headline earnings per share the most meaningful measure of performance and advises with reasonable certainty that adjusted headline earnings per share will decrease by between 16% and 36% from the previous corresponding period. The financial results for the year ended 30 June 2014 are expected to be published on or about 28 August 2014.
22-Aug-2014
(Official Notice)
Shareholders are referred to the detailed announcements published by the company dated 13 May 2014, 11 June 2014 and 21 July 2014 relating to inter alia:

* the proposed divestment of shareholdings in SunWest (Pty) Ltd. and Worcester Casino (Pty) Ltd.;

* the proposed divestment of an effective 5.6% shareholding in Afrisun KZN (Pty) Ltd., trading as Sibaya Casino and Entertainment Kingdom; and

* the proposed divestment of a material shareholding in GPI Slots (Pty) Ltd., (collectively referred to as "the Transactions")



Shareholders are advised that at the general meeting of the company held on 21 August 2014, the requisite majority of shareholders approved all of the resolutions relating to the Transactions as set out in the notice of general meeting.
31-Jul-2014
(Official Notice)
GPI is pleased to announce that it has, through a wholly owned subsidiary ("BEECo"), entered into definitive agreements to subscribe for 10.0% of the issued ordinary share capital of Spur Corporation Limited ("Spur") as part of a strategic Broad-Based Black Economic Empowerment ("B-BBEE") transaction for a total purchase consideration of R294.7 million (the "Proposed Transaction"). In terms of the Proposed Transaction GPI will, through BEECo, subscribe for 10 848 093 ordinary shares in the issued listed ordinary share capital of Spur (the "Spur Shares"). The Spur Shares will be issued for a total subscription consideration of R294.7 million which equates to an issue price of R27.16 per Spur Share (the "Subscription Price"). The Subscription Price represents a 10.0% B-BBEE lock-in discount to the volume-weighted average trading price ("VWAP") of Spur shares on the JSE Ltd. ("JSE") for the 90 trading days prior to 30 July 2014. GPI and BEECo will be restricted, without the express consent of Spur, from trading the Spur Shares for a period of five years from the effective date of the Proposed Transaction.



Both GPI and BEECo are required to maintain their B-BBEE ownership credentials for the full five year period. GPI and BEECo will be free to trade the Spur Shares once the five year period has lapsed. The Proposed Transaction will be funded through a combination of cash and preference share funding. The Standard Bank of South Africa Limited will subscribe for A class and B class preference shares in BEECo with a combined subscription value of R150.0 million (the "Bank Funding"). Spur will subscribe for C class preference shares in BEECo with a total subscription value of R72.3 million (the "Spur Funding"). GPI will provide the remaining funding of R72.3 million through existing cash resources. As part of the Proposed Transaction GPI will, subject to compliance with the relevant JSE Listings Requirements and ratification by Spur shareholders, be entitled to nominate and appoint one non-executive director to the Spur board of directors.
21-Jul-2014
(Official Notice)
Shareholders are referred to the detailed announcements published by the company dated 13 May 2014 and 11 June 2014 ("the Terms Announcements") relating to inter alia:

* the proposed divestment of shareholdings in SunWest (Pty) Ltd. and Worcester Casino (Pty) Ltd.;

* the proposed divestment of an effective 5.6% shareholding in Afrisun KZN (Pty) Ltd., trading as Sibaya Casino and Entertainment Kingdom; and

* the proposed divestment of a material shareholding in GPI Slots (Pty) Ltd., (collectively referred to as "the Transactions")



Shareholders were advised that the JSE has formally approved the circular relating to the Transactions ("the Circular") and that the Circular was distributed to shareholders today, 21 July 2014.



Notice of General Meeting

Notice was given that a general meeting of GPI shareholders will be held at 18:00 on Thursday, 21 August 2014, at Meeting Room 1.4, Cape Town International Convention Centre, Foreshore, Cape Town, Western Cape ("the General Meeting"), to consider and if deemed fit approve, the resolutions relating to the Transactions as contained in the notice of General Meeting which forms part of the Circular.



The date on which shareholders must be recorded in the share register of the company for purposes of being entitled to attend and vote at the General Meeting is Friday, 15 August 2014, with the last day to trade being Friday, 8 August 2014. The Circular incorporating the notice of General Meeting is also available on the company's website www.grandparade.co.za and can be viewed at its offices at 33 on Heerengracht, Heerengracht Street, Foreshore, Cape Town, Western Cape during office hours.
11-Jun-2014
(Official Notice)
Shareholders of GPI were referred to the detailed terms announcement released on SENS on Tuesday, 13 May 2014 ("the Announcement") relating to the proposed divestment of shareholdings in Sunwest International (Pty) Ltd. ("Sunwest") and Worcester Casino (Pty) Ltd. ("Worcester") ("SunWest and Worcester Transaction"), the proposed divestment of an effective 5.6% shareholding in Afrisun KZN (Pty) Ltd., trading as the Sibaya Casino and Entertainment Kingdom ("Sibaya Transaction") and the proposed divestment of a material shareholding in GPI Slots (Pty) Ltd. ("GPI Slots Transaction") (collectively referred to as "the Transactions"). In accordance with the announcement, the outstanding pro forma financial effects of the Transactions are disclosed in the SENS announcement.



Withdrawal of cautionary

Shareholders are referred to the renewal of cautionary announcement included in the announcement and are advised that since the pro forma financial effects relating to the SunWest and Worcester Transaction, the Sibaya Transaction and the GPI Slots Transaction have been disclosed in this announcement, caution is no longer required to be exercised by shareholders when dealing in the company's securities.
03-Jun-2014
(Official Notice)
Mr Faldi Samaai has resigned as non-executive director of the company with effect from Monday, 2 June 2014.
19-May-2014
(Official Notice)
13-May-2014
(Official Notice)
Granprade shareholders are referred to the joint cautionary announcement released on SENS on 7 March 2014 and the renewal of the joint cautionary announcement on 23 April 2014 and are advised that, due to the fact that the pro forma financial effects of the SunWest and Worcester Transaction, the Sibaya Transaction and the Granprade Slots Transaction have not yet been announced, shareholders are advised to continue exercising caution when dealing in their securities until such time as the pro forma financial information of the aforementioned transactions have been announced.
13-May-2014
(Official Notice)
23-Apr-2014
(Official Notice)
Further to the joint cautionary announcement dated 7 March 2014, the shareholders of Sun International and Granprade are advised that negotiations are still in progress regarding the possible acquisition by Sun International of a material interest in GPI Slots (Pty) Ltd. a wholly-owned subsidiary of Granprade ("the proposed GPI Slots acquisition"), which owns and operates Ltd. Payout Machine operations.



Should agreement be reached on the terms of the proposed GPI Slots acquisition, there may be an impact on the price at which Sun International and Granprade shares trade on the securities exchange operated by the JSE Ltd..



Shareholders of Sun International and Granprade are accordingly advised to continue exercising caution when dealing in their Sun International and Granprade shares until a further announcement is made.
07-Mar-2014
(Official Notice)
Shareholders of Granprade and Sun International Ltd. ("SunInt") are advised that SunInt and Granprade are currently in negotiations regarding the possible acquisition by SunInt of a material interest in Granprade Slots (Pty) Ltd., a wholly-owned subsidiary of Granprade ("the proposed Granprade Slots acquisition"), which owns and operates Limited Payout Machine operations.



Should agreement be reached on the terms of the proposed Granprade Slots acquisition, there may be an impact on the price at which SunInt and Granprade shares trade on the securities exchange operated by the JSE. Shareholders of SunInt and Granprade are accordingly advised to exercise caution when dealing in their SunInt and Granprade shares until a further announcement is made.
06-Mar-2014
(Official Notice)
The board of Granprade announced that its wholly-owned subsidiary, Granprade Slots (Pty) Ltd. ("Granprade Slots") has concluded an agreement to acquire the shares and operations of Gold Circle KwaZulu-Natal Slots (Pty) Ltd., trading as KZN Slots ("KZN Slots"). KZN Slots is licensed as a route operator in KwaZulu-Natal to operate 1 000 Limited Payout Machines ("LPMs"). The agreement is subject to the fulfilment of certain outstanding conditions precedent, including the approval of the transaction by the KwaZulu-Natal Gaming and Betting Board. The purchase price will be settled by the issue of Granprade shares and cash.



KZN Slots has 610 active LPMs in KwaZulu-Natal and a strong management team with a proven track record in the LPM-industry. The KZN Slots brand has an established presence in KwaZulu-Natal and will join the Granprade Slots stable alongside it other brands - Grandslots in the Western Cape, Kingdomslots in KwaZulu-Natal, Grand Gaming Slots and Hot Slots in Gauteng and Grand Gaming Slots in Mpumalanga. The acquisition of this additional licence has taken Granprade closer to achieving its stated objective of acquiring LPM route operator licences for 7 500 LPM machines.



The Granprade Slots Group will leverage off the collective knowledge and skills of its management team and that of the KZN Slots management team to entrench its position as LPM market leader in KwaZulu-Natal. The Granprade board expects to take over the operations of KZN Slots during July 2014, subject to the approval of the KwaZulu-Natal Gaming and Betting Board.
26-Feb-2014
(Media Comment)
Business Day highlighted that empowerment investment company Grand Parade Investments (GPI) is relishing the prospect of its Burger King investment munching rapidly into the market share of the local fast food sector. GPI which secured the Burger King master agreement for SA in late 2012, already has 10 outlets scattered through Cape Town and Gauteng. GPI'S results released showed Burger King generated a better than expected R38 million in revenue in the six months to December.
25-Feb-2014
(C)
Revenue for the interim period shot up to R328.2 million (R240.9 million) and gross profit rose to R136.9 million (R104.3 million). Profit from operations declined to R28.8 million (R36.1 million). Profit attributable to ordinary shareholders jumped to R120.9 million (R62.8 million). Furthermore, headline earnings per share were slightly higher at 13.95 cents per share (13.68 cents per share).



Dividend

A final ordinary dividend of 15 cents per share (12.5 cents per share) was paid in September 2013.



Prospects

Granprade has had a very successful and exciting six months. The group continues to attract a lot of interest from all spheres of the investment market and the company continues to take heed of this new-found level of excitement around Granprade. Opportunities abound and the company has to consider how it focuses its thinking so that it extracts the best possible outcome for all stakeholders. Granprade is in a unique space where the company has demonstrated its ability to operate certain assets, exert significant influence on others and to venture into completely new territory with confidence gained from these experiences and the energy that permeates its management team. The company's investment philosophy demonstrates this and it has quite a few new developments pending which it will pursue to take us on this path.
21-Feb-2014
(Official Notice)
Granprade hereby advises that a reasonable degree of certainty exists that for the six months ended 31 December 2013:

*basic earnings per share will exceed the comparable basic earnings per share for the previous corresponding period being 31 December 2012, by between 90% and 100%; and

*headline earnings per share will exceed the comparable headline earnings per share for the previous corresponding period being 31 December 2012, by between 5% and 10%.



The financial results for the six months ended 31 December 2013 are expected to be published on or about 25 February 2014.
12-Dec-2013
(Official Notice)
Results of the annual general meeting:

Shareholders are hereby advised that all of the special and ordinary resolutions as set out in the Company?s 2013 notice of annual general meeting and tabled at the annual general meeting of the Company held on Wednesday, 11 December 2013, were approved by the requisite majority of shareholders present in person or represented by proxy.



Results of the general meeting:

Shareholders are referred to the circular posted to shareholders on 8 November 2013 (the Circular) relating to inter alia the BEE Specific Issue, the BEE Share Acquisition, the BEE Funding and the Hot Slots Acquisition Issue (the BEE Transaction) and are hereby advised that all of the special and ordinary resolutions as set out in the notice of general meeting incorporated in the Circular and tabled at the general meeting of the company also held on Wednesday, 11 December 2013, were approved by the requisite majority of shareholders present in person or represented by proxy.



Update to shareholders regarding the BEE transaction:

Pursuant to the passing of all the special and ordinary resolutions relating to the BEE Transaction, shareholders are hereby advised that the Company is still in the process of identifying suitable candidates who meet the eligibility criteria set out in the Circular and who can be appointed as the trustees of the BEE Party to whom the BEE Specific Issue will be made. The BEE Party refers to the GPI Women?s BBBEE Empowerment Trust which will be established to uplift and develop black females who live in the communities in which GPI?s businesses and investee companies operate. A further announcement will be made to shareholders in due course as soon as the Company has appointed the trustees of the BEE Party after which the BEE Transaction will be implemented in accordance with the terms approved by shareholders of GPI.

08-Nov-2013
(Official Notice)
27-Sep-2013
(Official Notice)
Shareholders are hereby advised that the integrated annual report for the year ended 30 June 2013 is being posted to shareholders today, 27 September 2013, and save for the changes detailed in the SENS note, contains no material modifications to the reviewed results which were published on the Stock Exchange News Service of the JSE Ltd. on Monday, 2 September 2013.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of shareholders of Granprade will be held on Wednesday, 11 December 2013, at 18:00 at Market Hall, GrandWest Casino, Goodwood, Cape Town to transact the business stated in the notice of annual general meeting, which notice forms part of the abridged annual report.



The date on which shareholders must be recorded in the share register of the Company for purposes of being entitled to attend and vote at the annual general meeting is Friday, 6 December 2013, with the last day to trade being Friday, 29 November 2013.
18-Sep-2013
(Official Notice)
Notification is hereby given that Professor Walter Geach has been appointed as a non-executive director on the board of GPI with immediate effect.
02-Sep-2013
(C)
Revenue increased 14% to R489.4 million (R430.7 million). Gross profit rose by 7% to R212.7 million (R199.4 million) however profit from operations decreased by 23% to R70.7 million (R91.8 million). Net attributable profit fell to R131.5 million (R251.4 million) . Additionally, headline and diluted headline earnings per share was lower at 28.76cps (34.88cps).



Dividend

Notice is hereby given of the declaration of an ordinary cash dividend of 15cps.



Propsects

The future of our Slots Group is extremely exciting and we are looking forward to an even stronger growth trend in 2014. The increase in the number of route operator licences we own has already been reported on and we have every intention to increase these further in the medium term. This, accompanied by the savings and performance we expect from our machine manufacturing joint- venture point towards an even more successful year for the Slots Group. Whilst our casino assets forecast modest growth, an increased stake in Akhona GPI and resultant further exposure to Sibaya Casino, will see continued good cash flows from these assets. The Table Bay Hotel is expected to improve operationally and we continue to look at ways to enhance this investment.



BURGER KING(R) will start to gain traction in 2014, particularly as a result of our relationship with Sasol. Furthermore we are looking at ways to improve our supply chain and these initiatives should be concluded in 2014. The National Lotteries Board published a notice in June 2013 inviting interested parties to acquire a copy of the Request for Proposal (RFP). We will be submitting our pre-qualification application by the due date of 31 August 2013 in this regard.



There are other opportunities we continue to explore but we are currently focused on extracting maximum value from our existing assets. Any reference to future financial performance in these results have not been reviewed and/or reported on by GPI's auditors.



30-Aug-2013
(Official Notice)
Granprade advised that a reasonable degree of certainty exists that earnings and headline earnings per share for the year ended 30 June 2013 will decrease compared to the comparable earnings and headline earnings per share for the previous corresponding period being 30 June 2012 by between 40% and 50% in respect of earnings per share and 10% and 20% in respect of headline earnings per share.



Management considers adjusted headline earnings per share the most meaningful measure of performance and advises with reasonable certainty that adjusted headline earnings per share will be between 5% and 10% higher than the previous corresponding period. The financial results for the year ended 30 June 2013 are expected to be published on or about 2 September 2013.
30-Aug-2013
(Official Notice)
Shareholders are referred to the updated cautionary announcement released by the Company dated 20 August 2013 and are hereby advised that negotiations with Peermont Global Ltd have been terminated as parties were unable to agree mutually acceptable terms. Caution is no longer required to be exercised by GPI shareholders when dealing in their securities.

20-Aug-2013
(Official Notice)
Shareholders are referred to the cautionary announcement dated 15 August 2013 and to the press article that appeared in the Business Day on 16 August 2013 (Business Day Article).



In order to avoid any speculation that may be caused by the Business Day Article, GPI hereby confirms to shareholders that GPI has entered into negotiations with Peermont Global Ltd (Peermont) to acquire a strategic stake in Peermont, which if successfully concluded, may have a material effect on the price of the Company?s securities.



It is important to note that although the negotiations are at a fairly advanced stage, there is no guarantee that they will come to fruition or that a transaction will be agreed. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a full announcement is made in this regard.
16-Aug-2013
(Media Comment)
Business Day reported that Peermont could be looking to acquire casino group Peermont Global after Granprade released a cautionary notice on Thursday, 15 August 2013. Neither side would comment, but Granprade closed 6.25% higher a R4.25 on the day the announcement was made. Granprade chairman Hassan Adams has previously expressed a desire for the company to control and operate its own casinos.
15-Aug-2013
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
05-Aug-2013
(Official Notice)
27-Feb-2013
(C)
18-Feb-2013
(Official Notice)
GPI hereby advises that a reasonable degree of certainty exists that basic earnings per share for the six months ended 31 December 2012 will be between 60% and 70% lower than the 38.57 cents per share of the previous corresponding period and headline earnings per share will be between 25% and 35% lower than the 19.87 cents per share of the previous corresponding period. It is important to note that the comparisons with the prior period include the effects of the transaction concluded with Sun International Limited on 2 December 2011, which resulted in once off gains of no less than R 128.1 million in the previous comparable period. These once-off gains include profit from the disposal of investments, realisation of fair value gains relating to disposed investments and net cancellation fee income from the restructure of the SunWest (Pty) Ltd operating management agreement.



In this context management considers adjusted headline earnings per shares as a more meaningful measure of performance as it adjusts for the effects of these once off gains. With a reasonable degree of certainty, adjusted headline earnings per share is expected to be 8% to 18% higher than the 14.12 cents per share of the previous corresponding period. The financial information on which this trading statement is based has not been reviewed and reported on by GPI's external auditors. The financial results for the period for the six months ended 31 December 2012 are expected to be published on or about 27 February 2013.
13-Dec-2012
(Official Notice)
Shareholders are hereby advised that, with the exception of Ordinary Resolution number 10 (Authority to place unissued shares under the directors' control) and Special Resolution number 1 (General authority to repurchase shares) which were both withdrawn, all the remaining special and ordinary resolutions tabled at the annual general meeting of the Company held on Wednesday, 12 December 2012, were approved by the requisite majority of shareholders present in person or represented by proxy.
04-Dec-2012
(Official Notice)
Notification was given that Mr. Richard Julian Hoption has resigned as an executive director with effect from 30 November 2012.



Richard will nevertheless remain employed by GPI in its top management.
28-Nov-2012
(Official Notice)
The board of Grand Parade Investments Ltd. ("GPI" or "the Company") announced that GPI has signed a joint venture shareholder agreement ("the joint venture agreement") with German-based gaming operator and manufacturer Merkur Gaming GmbH ("Merkur") to locally manufacture, assemble and distribute gaming machines. Merkur Gaming is a wholly-owned subsidiary of the family owned Gauselmann Group. There are no gambling machine manufacturing facilities in South Africa, notwithstanding the fact that the industry contributes about R50-billion to GDP annually.



In terms of the joint venture agreement, GPI and Merkur will form a new company called Grand Merkur (Pty) Ltd. ("Grand Merkur"). Grand Merkur will be registered in South Africa for the primary purpose of manufacturing, assembling and distributing slot machines, sports betting terminals and lottery terminals. Grand Merkur will also investigate opportunities for the possible operation of gaming facilities, and in future look to develop a training centre, as well as a research and development centre where locally designed software, games and alternate hardware will be developed.



The deal signifies the establishment of a proudly South African manufacturing company with access to the intellectual property of a top European manufacturer that possesses significant game design and operational expertise. As a result Grand Merkur will be well positioned to supply the local market with a product currently only available in Europe.
08-Nov-2012
(Official Notice)
The board of Granprade announce that the wholly owned group subsidiary, Utish Investments (Pty) Ltd. ("Utish"), has entered into a joint venture (subject to the fulfillment of certain condition's precedent, including the approval of the South African Reserve Bank) with certain subsidiaries of Burger King Worldwide, Inc ("Burger King") to form Burger King South Africa (Pty) Ltd. ("BKSA") ("joint venture").



In terms of the joint venture, BKSA will hold the master franchise for the Republic of South Africa and have exclusive rights to develop and expand the BURGER KING? brand in this country. BKSA plans to open the first BURGER KING? restaurant in the first half of 2013.



The joint venture is in line with Granprade's strategy of entering the quick service restaurant ("QSR") market where the company is able to capitalise on its experience in the management of outlet driven businesses such as its limited payout machine business. The board of GPI believes that a partnership with such a highly respected global brand provides the ideal platform to enter the growing QSR market in South Africa.



Burger King Worldwide is globally acclaimed for its customised, affordable and high quality flame-grilled 100% beef burgers and chicken products. The joint venture, of which GPI will have a majority shareholding, will be funded from existing cash resources and new debt and is not expected to have a material impact on earnings per share in the first year of operation.
05-Oct-2012
(Official Notice)
Shareholders were advised that the abridged integrated annual report for the year ended 30 June 2012 is being posted to shareholders on 5 October 2012 and contains no material modifications to the reviewed results which were published on SENS on Tuesday, 28 August 2012.



Notice was also given that the annual general meeting of shareholders of GPI will be held on Wednesday, 12 December 2012, at 18:00 at Market Hall, GrandWest Casino, Goodwood, Cape Town to transact the business stated in the notice of annual general meeting, which notice forms part of the abridged integrated annual report.



The date on which shareholders must be recorded in the share register of the company for purposes of being entitled to attend and vote at the annual general meeting is Friday, 7 December 2012, with the last day to trade being Friday, 30 November 2012.
28-Aug-2012
(C)
Revenue increased 33% to R435.7 million (R326.4 million). Gross profit prose by 44% to R204.4 million (R142.1 million) and profit from operations soared 231% to R58.2 million (R17.6 million). Net attributable profit staged a huge turnaround to R250.8 million, a jump of 1 206% from a loss of R22.7 million previously. Additionally, headline and diluted headline earnings per share surged 82% to 34.75c (19.13cps).



Dividend

Notice was given of the declaration of an ordinary cash dividend of 20cps (gross) (10cps), subject to the applicable tax levied in terms of the Income Tax Act (Act No 58 of 1962, as amended). The 20c dividend consists of a 12.5c ordinary dividend per share and a 7.5cts special dividend per share.



Outlook

The group is committed to investing in gaming operations in order to achieve its stated objective of becoming a major and respected force in the African gaming and leisure industry. To this extent we will continue to play an active role to maximise the value of investments.



Granprade will, via the Slots operations, look to increase its LPM footprint by investing in new and existing route operator licences in jurisdictions that prove to be economically viable. The company will also look to expand its number of Type_ B licences to offer more widely based gaming entertainment facilities, to expand on its current client base and to increase its market share in the Gauteng market, and to maintain its status as the market leader in the Western Cape and KwaZulu-Natal. Via Grand Capital Granprade will look to invest in non-gaming assets that will have a positive impact on the overall value of the group.
22-Aug-2012
(Official Notice)
Granprade advised that a reasonable degree of certainty exists that earnings and headline earnings per share for the year ended 30 June 2012 will exceed the comparable earnings and headline earnings per share for the previous corresponding period being 30 June 2011 by between 1190% and 1200% in respect of earnings per share and 80% and 85% in respect of headline earnings per share.



Management considers adjusted headline earnings per share the most meaningful measure of performance and advises with reasonable certainty that adjusted headline earnings per share will be between 25% and 35% higher than the previous corresponding period. The financial results for the year ended 30 June 2012 are expected to be published on or about 28 August 2012.
20-Aug-2012
(Official Notice)
Mr Colin Priem has been appointed as a non-executive director on the board of Granprade with immediate effect.
19-Jul-2012
(Media Comment)
Business Report noted that Granprade opened the first venue in Gauteng to have as many as 40 limited payout machines in one place. Granprade is the first company in Gauteng to be issued with the new Type_ B licence. The new machines have been installed at the Royal Park Hotel in Joubert Park, Johannesburg. Executive chairman Hassen Adams commented that the licence will allow the group to achieve its goal of acquiring a similar market leadership position in Gauteng that it has in the Western Cape and KwaZulu-Natal.
03-Jul-2012
(Official Notice)
Notification was given that Mr Ralph Freese resigned as non-executive director with effect from 29 June 2012.
13-Jun-2012
(Official Notice)
Mr Alex Abercrombie, a non-executive director on the board of Granprade, has been appointed as an executive director with effect from Monday, 11 June 2012.
02-Mar-2012
(Media Comment)
Business Day reported that, the JSE listed empowering gaming group Grand Parade Investments (GPI) will invest R300 million to lift its limited payout machine (LPM) footprint by 67% by the end of this year and was likely to begin manufacturing its own LPMs within six months, chairman Hassen Adams said this week. GPI had concluded a "relationship agreement" with a company in Germany that made gaming machines and we have a machine manufacturing license, "Mr Adams said.
27-Feb-2012
(C)
Revenue for the interim period ended 31 December 2011 increased to R218.6 million (2010: R160.2 million). Operating profit rose to R46.2 million (2010:R28.6 million). Profit attributable to ordinary shareholders increased to R181.5 million (2010: R22 million). Furthermore, headline earnings per share for the period increased to 19.87cps (2010: 11.56cps).



Dividend

Subsequent to the interim period GPI paid a special dividend of 60 cents per share on 16 January 2012. The directors are proud of their achievement of paying dividends during the economic downturn, and will continue to look for ways to remain a dividend active company.



Prospects

As previously reported, GPI's strategy now has three key focus areas namely:

* Its investment in urban casinos, centred around our stake in GrandWest;

*The investment in the LPM business where GPI expects significant growth in the years ahead and where GPI is also positioning itself to invest in new areas of gaming, for example, to be ready to participate in the online gaming arena should this be legislated in South Africa in the future; and

*New investment opportunities. GPI is currently evaluating a number of interesting and exciting prospects, which when further developed, we will be in a position to advise shareholders.



GPI anticipate the LPM business to show continued growth in 2012, especially as the Gauteng operation develops. GrandWest remains a very solid performer and we look forward to ongoing good results from this investment. Further we will progress on our investment strategy in a careful and responsible manner.
24-Feb-2012
(Official Notice)
GPI advised that for the six months ended 31 December 2011, earnings per share will be between 700% and 710% higher and headline earnings per share will be between 70% and 75% higher than the previous corresponding six month period ending 31 December 2010. Management considers adjusted headline earnings per share the most meaningful measure of performance and advises with reasonable certainty that adjusted headline earnings per share will not be more than 20% higher than the previous corresponding period. The financial results for the six months ended 31 December 2011 are expected to be published on or about 27 February 2012.
13-Feb-2012
(Official Notice)
Notification was given that Mr. Alan Keet ("Mr. Keet") has been appointed as an executive director on the board of Granprade pursuant to his appointment as chief executive officer of the GPI Group. Both appointments are with effect from 10 April 2012.
01-Feb-2012
(Official Notice)
Notification is hereby given that Mr. Uys Meyer ("Mr. Meyer") has resigned as non-executive director of GPI with effect from Tuesday, 31 January 2012.
02-Dec-2011
(Official Notice)
31-Oct-2011
(Official Notice)
Shareholders are referred to company's circular to shareholders dated 15 August 2011 ("the Circular") and to its various SENS announcements regarding the proposed transaction to rearrange GPI's and Sun International Ltd's common interests in certain of their shared investments ("Proposed Restructure").



Shareholders are referred to the important dates and times section of the circular and are advised that the anticipated date for the fulfillment of the conditions precedent to the proposed restructure has changed to 30 November 2011. Fulfillment of the conditions precedent will be announced on SENS in due course.

14-Oct-2011
(Official Notice)
Shareholders are referred to the announcement released on SENS on Tuesday, 11 October 2011, and are hereby advised that the dealing in securities by an associate of a director as set out in the aforementioned announcement, has not been concluded and accordingly the announcement is hereby withdrawn.
10-Oct-2011
(Official Notice)
Shareholders were advised that the annual report for the year ended 30 June 2011 has been posted to shareholders on Monday, 10 October 2011. There have been no (material) change to basic, headline earnings and adjusted headline earnings per share. However, the annual report contains modifications to the reviewed results published on SENS on Thursday, 8 September 2011.



Annual general meeting

Notice was also given that the annual general meeting of shareholders of GPI will be held on Wednesday, 7 December 2011, at 18:00 at Market Hall, Grandwest Casino, Goodwood, Cape Town to transact the business stated in the notice of annual general meeting, which notice forms part of the annual report.
15-Sep-2011
(Official Notice)
Shareholders of GPI are referred to the announcements released by the company on SENS on 16 May 2011, in the press on 17 May 2011 and on SENS on 3 August 2011 and to the company's circular ("the Circular") to shareholders issued on 15 August 2011 relating to the rearrangement of GPI's and Sun International Ltd's common interests in certain of their shared investments and involving:

*the sale by GPI and its wholly-owned subsidiary, Business Venture Investments No 575 (Pty) Ltd, of certain shares held by them in SunWest International (Pty) Ltd to Sun International (South Africa) Ltd ("SISA");

*the sale by GPI of certain shares held by the company in Worcester Casino (Pty) Ltd to SISA

*the acceptance by GPI and its wholly-owned subsidiary, Utish Investments (Pty) Ltd, of an offer, should such offer be made, by SISA to acquire their entire shareholding in Real Africa Holdings Ltd (such offer only to be made following the fulfilment of certain preconditions); and

*the restructuring of management arrangements by means of the cancellation and replacement of certain management agreements.



Shareholders are advised that at the general meeting of GPI held on 14 September 2011, the ordinary resolutions, as more fully set out in the notice of general meeting included in the circular, were passed by the requisite majority of shareholders present and represented by proxy. For the avoidance of doubt, the restructuring of management arrangements referred to above, did not require shareholder approval.



As stated in the Important dates and times section of the circular, GPI anticipates that all conditions precedent to the proposed restructure will be fulfilled by 28 October 2011. Fulfilment of the conditions precedent will be announced by the company on SENS.
08-Sep-2011
(C)
The company's gross gaming revenue was recorded at R316.2 million and gross profit was at R131.9 million. Operating profit amounted to R17.7 million (2010: loss of R20.6 million), while net loss for the year was recorded at R22.7 million (2010: profit of R104.7 million) and headline earnings per share grew to 19.12cps (15.45cps).



Dividend

Notice was given of the declaration of an ordinary cash dividend of 10cps (2010: 7.5cps).



Prospects

The company has publicly stated that its vision is to become a major and respected force in the gaming, tourism and leisure industry in Africa. Whilst it has been busy consummating the SUI, Kingdomslots Minorities and Playmeter deals it has continued to pursue and evaluate other opportunities. These opportunities lie in improving and extending our LPM footprint and in new gaming ventures. The company sees significant future value in technology-based gaming, which will allow it to enter other betting arenas and also prepare it for online gaming. To this end the company has invested in human capital to develop this initiative further. Furthermore, the company continues to pursue the licensing of the Type-B 40 LPM Site markets, which it believes will make a significant difference to its LPM business. In addition to the gaming, tourism and leisure industry, the company is currently seeking to enter the non-gaming arena under the banner of Grand Capital.
15-Aug-2011
(Official Notice)
Shareholders are referred to the company's detailed announcement on SENS on 16 May 2011 and update on SENS on 3 August 2011 relating to, inter alia, the proposed transaction to rearrange Granprade and Sun International Ltd's common interests in certain shared investments. Shareholders of Granprade were advised that the circular has been posted to shareholders recorded in the share register of the company as at Friday, 5 August 2011. The record date for determining which shareholders may participate and vote at the general meeting is Friday, 9 September 2011, with the last day to trade being, Friday, 2 September 2011. The general meeting of shareholders will be held at Market Hall, Grand West Casino, Goodwood, Cape Town on Wednesday, 14 September 2011, at 18:00.
03-Aug-2011
(Official Notice)
Shareholders are referred to the Company`s detailed announcement on 16 May 2011 on SENS and on 17 May 2011 in the press ("the Announcement") regarding a proposed transaction between GPI and Sun International Limited ("SIL"), defined in the Announcement and referred to below as "the Proposed Restructure".



GPI is currently in the process of finalising the circular ("the Circular") to shareholders in respect of the Proposed Restructure and it is anticipated that the Circular will be posted to GPI shareholders during August 2011.



Since the Announcement was made, the JSE has indicated that it considers GPI and SIL to be related parties for purposes of the JSE Listings Requirements as SIL is a material shareholder of SunWest International (Pty) Limited, in which GPI in turn holds 50.01% of the voting rights of the issued share capital. Accordingly, the JSE views the Proposed Restructure as a related party transaction.



Save as set out above, there has been no significant change affecting any matter contained in the Announcement and no other significant matter has arisen that would have been required to be mentioned in the Announcement, if it had arisen at the time of the preparation of the Announcement.
22-Jul-2011
(Official Notice)
Shareholders of GPI were advised that Mr Charl Williams has resigned as independent non-executive director of the company with effect from Thursday, 21 July 2011. Shareholders of GPI were further advised that the board has appointed Mr Richard Hoption as executive director of the company. His appointment takes effect from today.
20-Jul-2011
(Official Notice)
Shareholders of GPI are hereby advised that Miss Dhanasagree (Daisy) Naidoo has resigned as independent non-executive director of the Company with effect from Tuesday, 19 July 2011.
01-Jul-2011
(Official Notice)
Granprade announced that its CEO, Adrian Funkey, has resigned with effect 30 June 2011. His departure is by agreement between the parties. Mr Hassen Adams the executive chairperson will assume the duties of the CEO, in the interim.
16-May-2011
(Official Notice)
04-May-2011
(Media Comment)
Business Report highlighted that gaming and leisure company Grand Parade Investments(GPI) will roll out 1000 Limited Payout Machine( LPM) slots starting this month. GPI finalised its acquisition of Playmeter Leisure Services slot operator business, which included Playmeter's route operator licence. The Gauteng Gambling Board approved the licence transfer to GPI's subsidiary Thuo Gambling which legalises the company to roll out a maximum of 1000 LPM in the province. GPI's target was to expand its licensed LPM network from 2000 to 5000 machines.
03-May-2011
(Official Notice)
Shareholders are referred to the voluntary announcement released by GPI on SENS on 30 November 2010 wherein shareholders were advised that Thuo Gaming Gauteng (Pty) Ltd ("Thuo GG"), being a wholly owned group subsidiary of GPI, had concluded a binding sale of business agreement to acquire the assets and site operator contracts of Playmeter's route operator business in Gauteng, including its Route Operator License, subject to the fulfilment of certain conditions precedent ("the acquisition"). Shareholders were further advised in the aforementioned announcement that full details of the purchase consideration and the method of payment would be disclosed once all regulatory approvals for the acquisition had been obtained. The board is pleased to advise shareholders that all conditions precedent to the acquisition have been fulfilled. The acquisition was accordingly implemented on Friday, 29 April 2011 for a total purchase consideration of R25 000 000 (twenty five million rand), of which R23 170 000 (twenty three million one hundred and seventy thousand Rand) was settled through the issue of 8 128 436 ordinary shares in GPI and the remainder was settled in cash.
18-Apr-2011
(Official Notice)
Further to the joint cautionary announcements dated 8 December 2010, 21 January and 4 March 2011, Sun International Ltd ("SunInt") and Granprade shareholders are advised that negotiations are still in progress regarding the possible rearrangement of SunInt and Granprade's common interests in certain SunInt subsidiaries ("the proposed restructure"). Should agreement be reached on the terms of the proposed restructure there may be an impact on the price at which SunInt and GPI shares trade on the JSE Ltd. Accordingly, SunInt and Granprade shareholders are advised to continue exercising caution when dealing in SunInt and Granprade securities until a further announcement is made in this regard.
07-Mar-2011
(C)
Revenue for the interim period ended 31 December 2010 increased to R160.2 million (2009: R2.6 million). Operating profit rose to R28.6 million (2009: Operating loss of R5.6 million). Profit attributable to ordinary shareholders declined to R21.9 million (2009: R39.8 million). Furthermore, headline earnings per share for the period increased to 11.56cps (2009: 8.86cps).



Dividend

GPI has historically never declared interim dividends and believes that it is prudent in the current environment to maintain this status quo.



Prospects

GPI is focused on realising its vision of becoming a major and respected force in the gaming and leisure industry in Africa and maintaining its philosophy of being a dividend active business. With the successful integration of the LPM operations into the GPI Group, GPI is well placed to take advantage of the opportunities that this market presents and is excited at the prospects of completing the Playmeter transaction, which gives GPI access to the lucrative Gauteng market. The discussions with Sun International which gave rise to the cautionary announcement on 8 December 2010 and the renewal thereof on 21 January 2011 and 4 March 2011 continue and remain positive.
04-Mar-2011
(Official Notice)
Further to the joint cautionary announcements dated 08 December 2010, and 21 January 2011, Sun International and GPI shareholders are advised that negotiations are still in progress regarding the possible rearrangement of Sun International and GPI`s common interests in certain Sun International subsidiaries ("the proposed restructure"). Should agreement be reached on the terms of the proposed restructure there may be an impact on the price at which Sun International and GPI shares trade on the JSE Limited. Accordingly, Sun International and GPI shareholders are advised to continue exercising caution when dealing in Sun International and GPI securities until a further announcement is made in this regard.

01-Mar-2011
(Official Notice)
GPI advised that a reasonable degree of certainty exists that earnings and headline earnings per share for the six months ended 31 December 2010 will exceed the comparable earnings and headline earnings per share for the previous corresponding period being 31 December 2009 by between 30% and 50% in respect of earnings per share and 20% and 40% in respect of headline earnings per share. The financial information on which this trading statement is based has not been reviewed and reported on by GPI's auditors. The financial results for the six months ended 31 December 2010 are expected to be published on or about 04 March 2011.
11-Feb-2011
(Official Notice)
Notification is hereby given that Mr. Richard Julian Hoption ("Richard") has resigned as financial director and Company Secretary of GPI with immediate effect. Further notification is hereby given of the following new appointments to the board of GPI:

*Sukena Petersen ("Sukena") as the new financial director.

*Lazelle Christian Parton ("Lazelle") as the new company secretary.

*Dhanasagree Naidoo ("Daisy") as an Independent non-executive director.

*Mogamat Faldi Samaai ("Faldi") as a non-executive director.
21 Jan 2011 14:13:16
(Official Notice)
Further to the joint cautionary announcement dated 08 December 2010, Sun International and GPI shareholders are advised that negotiations are still in progress regarding the possible rearrangement of Sun International and GPI`s common interests in certain Sun International subsidiaries ("the proposed restructure").



Should agreement be reached on the terms of the proposed restructure there may be an impact on the price at which Sun International and GPI shares trade on the JSE Limited. Accordingly, Sun International and GPI shareholders are advised to continue exercising caution when dealing in Sun International and GPI securities until a further announcement is made in this regard.

17 Dec 2010 15:09:19
(Official Notice)
Shareholders were advised that, at the annual general meeting of Granprade shareholders held on Wednesday, 15 December 2010, save for Ordinary Resolution Numbers 9 and 11, as detailed below, all the proposed resolutions tabled in the notice of annual general meeting, posted together with the company's 2010 annual report, were approved by the requisite majority shareholders present in person and by proxy.



Ordinary Resolution Number 9, pertaining to the general authority to issue shares for cash was not passed and Ordinary Resolution Number 11, pertaining to the appointment and re-election of members of the audit committee was withdrawn. The special resolutions will be lodged with CIPRO for registration in due course.
08 Dec 2010 17:05:14
(Official Notice)
Shareholders of Sun International and GPI are advised that Sun International and GPI are currently in negotiations regarding the possible rearrangement of their common interests in certain Sun International subsidiaries ("the proposed restructure"). Should agreement be reached on the terms of the proposed restructure, there may be an impact on the price at which Sun International and GPI shares trade on the JSE Limited ("JSE"). Shareholders of Sun International and GPI are accordingly advised to exercise caution when dealing in their Sun International and GPI shares until a further announcement is made.

30 Nov 2010 09:55:27
(Official Notice)
The board of Granprade announced that the wholly owned group subsidiary, Thuo Gaming Gauteng (Pty) Ltd ("Thuo GG"), has concluded a binding sale of business agreement (subject to the fulfillment or waiver, as the case may be, of certain conditions precedent including the approval of the Gauteng Gambling Board ("GGB")) ("the Agreement") with Route Operator Playmeter ("the acquisition").



In terms of the agreement, Thuo GG will acquire the assets and contracts of Playmeter's route operator business, including the Route Operator and Site licences. The purchase consideration will be settled primarily through the issue of GPI ordinary shares and the small balance thereof be settled in cash. Full details of the purchase consideration and the method of payment thereof will be disclosed once regulatory approvals for the acquisition have been obtained. A portion of the ordinary shares will be issued to certain suitably qualified BEE vendors who will be subject to a lock-in agreement restricting the tradability of these shares until June 2012



Playmeter's route operator business consists of 62 Limited Payout Machines ("LPMs") across 16 sites in Gauteng and has approval from the GGB to roll-out an additional 10 LPMs at two new sites, with various other applications pending approval by the GGB. The Route Operator licence will provide Thuo GG with the ability to operate up to 1000 LPMs in the Gauteng region. The acquisition as contemplated above does not constitute a transaction for JSE categorisation purposes nor is it a related party transaction and accordingly this announcement is made on a voluntary basis.
29 Nov 2010 14:12:14
(Official Notice)
In compliance with rule 3.59(b) of the Listings Requirements of the JSE Limited, shareholders of GPI are hereby advised that Mr. Ralph Gordon Freese has resigned as non-executive director of the company with effect from Thursday, 25 November 2010.

25 Nov 2010 07:46:33
(Official Notice)
Shareholders are advised that the annual report for the year ended 30 June 2010 was posted to shareholders on Tuesday, 23 November 2010, and contains modifications to the provisional reviewed results published on SENS on Thursday, 23 September 2010.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of shareholders of GPI will be held on Wednesday, 15 December 2010, at 18:00 at Market Hall, Grandwest Casino, Goodwood, Cape Town to transact the business stated in the Notice of annual general meeting, which notice forms part of the annual report.
27 Sep 2010 09:34:46
(Media Comment)
According to Business Day, Grand Parade invested about R220 million in various businesses in the year to June, which helped cement the group's position as a player in the gaming industry. "The highlight of our financial year was undoubtedly taking control of Grand Parade's limited payout slot-machine interests." said chairman Hassen Adams. "The acquisition signalled the start of our planned transition from being purely an investment holding company to an operating company with investments," he said. "The R192 million acquisition not only increases our exposure to the LPM (Limited-payout machines) market, but also offers us a platform to manage and operate the business and to develop GPI's technology-driven gaming strategies." During the year the group acquired 100% of Thuo SA, which in turn gave the group 100% of Grand-slots in Western Cape and 92% of Kingdom slots in KwaZulu-Natal. "This was really a watershed year for GPI. For the first time we have become operators of gambling business rather than investors in gambling business. This is really a major step forward for a fully black-owned and managed company," said CEO Adrian Funkey.
23 Sep 2010 10:07:00
(Official Notice)
23 Sep 2010 09:52:20
(C)
Revenue for the year ended was slighlty lower at R6.3 million (2009: R6.7 million). Loss from operations rose to R20.6 million (2009: loss of R6.5 million), while net profit for the year attributable to ordinary shareholders decreased to R108.6 million (2009: R171.7 million). Furthermore, headline earnings per share fell to 15.45cps (2009: 20.88cps).



Dividends

An ordinary cash dividend of 7.5cps (2009: 7.5cps) was declared.



Prospects

Although trading conditions in the past financial year have been challenging, the board of GPI firmly believes that 2010 will prove to be a crucial year in the development of GPI with its transition to becoming a fully-fledged black- owned and managed operator of gaming assets in South Africa. Further, it is believed that the LPM acquisition represents a key milestone and a critical step toward GPI's march to becoming a major and respected force in the African gaming and leisure industries. Whilst GrandWest's casino exclusivity expires in December 2010 and much has been said about the move by the Western Cape government to potentially allow for a transfer of an existing casino licence (which includes Golden Valley Casino) into the Cape Town metropole, the government has made no official pronouncements in this regard. At this stage, government has indicated that should such transfer of licence occur, it will be done in a responsible manner with due regard to the impact that this may have on GrandWest Casino's revenues. It is also unlikely that this would occur before 2012. GPI will be engaging with all the appropriate stakeholders in an effort to ensure the best possible outcome for our communities and to strive to ensure that the shareholders of GPI and SunWest are not adversely affected. The board is mindful of the fact that the past decade has not come easy to GPI and its shareholders and it is therefore befitting that GPI has now graduated into a well-established business, which now look forward to a very bright future.



Moving of offices

Shareholders are advised that GPI will be moving offices to 12th Floor Convention Towers, Heerengracht, Foreshore, Cape Town, 8001, telephone number 021 421 7771, after the annual report has been published.
15 Jul 2010 15:18:42
(Official Notice)
Shareholders of GPI were advised that the Provincial Government of the Western Cape ("PGWC") has informed GPI that it intends announcing a change of policy which will permit an existing Western Cape casino licence to relocate to an area within the Cape Metropole which the PGWC believes is untapped by GrandWest and further believes would not significantly impact on GrandWest's revenues, as such relocated licence would be focused on the niche "high roller and tourist" market. This change in policy will require legislative enactment and a public process, which the PGWC have indicated is unlikely to be concluded before 2012. The GPI board is confident that it will be afforded an opportunity to give input during this process and in so doing ensure a beneficial outcome for all stakeholders, which is in line with the PGWC's initial assurances as stated above.
01 Jul 2010 12:47:12
(Official Notice)
12 May 2010 16:22:54
(Official Notice)
Shareholders are hereby notified that Sun International Limited ("Sun") released their business update for the quarter and nine months to 31 March 2010 on SENS today, 12 May 2010 ("Sun?s business update"). Due to the fact that a number of GPI's investments, the most significant being GrandWest, through its direct economic shareholding of 29.24% in SunWest International (Pty) Limited, are included in Sun's business update, the board of GPI feel it prudent to alert shareholders to such update. Shareholders should further note that Sun's auditors have not reviewed Sun's business update.
05 May 2010 17:53:42
(Official Notice)
09 Mar 2010 12:31:50
(C)
Revenue for the interim period ended 31 December 2009 decreased to R12 005 million (2008: R13 320 million). Profit from operations lowered to R2 536 million (2008: R5 098 million). Profit attributable to ordinary shareholders fell to R39 832 million (2008: R125 589 million). Furthermore, headline earnings per share for the period decreased to 8.86 cps (2008: 10.28 cps).



Dividend

No interim dividend was declared.



Prospects

While the trading environment remains challenging, GPI is well positioned to take advantage of a recovering economy. The extra capacity at GrandWest is already paid for and GPI's other urban casino interests held through its share of RAH and Akhona GPI are all well established and therefore positioned for renewed economic growth. The acquisition of Carentan bodes well for GPI's future and its new operating capability will be leveraged to grow the gaming component of GPI's investment portfolio. The World Cup is an exciting development especially in light of the very exciting FIFA Fan Fest 2010 opportunity. GPI's hotels are also well positioned to benefit from the influx of tourists during this event.
10 Dec 2009 11:23:18
(Official Notice)
Shareholders are hereby advised that the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the AGM of the company held on Wednesday, 9 December 2009. The special resolutions will be lodged with CIPRO for registration in due course.
05 Nov 2009 10:24:17
(Official Notice)
Shareholders are hereby notified that Sun International Ltd ("SunInt") released their business update for the quarter to 30 September 2009 on SENS on Wednesday, 4 November 2009 ("SunInt's business update"). Due to the fact that a number of Grand Parade's investments, the most significant being GrandWest, through its direct economic shareholding of 29.24% in SunWest International (Pty) Ltd, are included in SunInt's business update, the board of Grand Parade deem it prudent to alert shareholders to such update.
04 Nov 2009 15:01:41
(Official Notice)
Shareholders are hereby advised that GPI, through its 100% held subsidiary GPI Slots (Pty) Ltd, has entered into an agreement, dated 2 November 2009, to purchase 100% of the issued share capital of Carentan plus shareholders loan accounts from Tatts group Ltd, an international gaming company listed on the Australian Stock Exchange.



It has long been the intention of GPI to grow shareholder wealth by taking control of an operating business. As an already significant minority shareholder in the two operating companies. GPI identified these companies as attractive targets to control. GPI believes that this acquisition provides a tremendous opportunity to leverage the gaming industry expertise that exists within its senior management team. Thuo WC (trading as Grandslots) is already a strongly cash generative business and GPI is confident that Thuo KZN will follow suite once its site roll out program reaches critical mass. The two businesses have developed strong market positions that can be further improved through synergies within the GPI group. In taking control of these businesses, GPI remains true to its stated strategy of investing in quality, cash-generative gaming assets from which significant value can be derived.



The effective date

*The effective date of the acquisition is 1 July 2009.



Purchase consideration

* The purchase consideration is R170.0 million, payable in full in cash on the closing date.



Suspensive conditions

*The acquisition is subject to a due diligence by GPI and to regulatory approvals being obtained to the extent required, including approvals from the competitions commission, The South African Reserve Bank and the provincial gambling boards of the provinces in which each Carentan subsidiary company is a licensee.





03 Nov 2009 09:21:08
(Media Comment)
Business Day reported that Grand Parade announced a R170 million deal to give it a controlling stake in Thuo Gaming ("Thou"). Thuo is an operator of limited payout machines. Grand Parade will take full ownership of Carentan Investments, a subsidiary of Australia's Tatts Group, which owns 90% of Thuo.
06 Oct 2009 10:32:38
(Official Notice)
Shareholders are advised that the annual report for the year ended 30 June 2009 was posted to shareholders on Monday, 5 October 2009, and contains no material modifications to the reviewed final results published on SENS on Thursday, 3 September 2009. However it does contain some minor changes as detailed below.



Notice is hereby given that the annual general meeting of shareholders of GPI will be held on Wednesday, 9 December 2009, at 18:00 at Market Hall, GrandWest Casino, Goodwood, Cape Town to transact the business stated in the notice of annual general meeting, which notice forms part of the annual report.
03 Sep 2009 10:44:13
(C)
Headline earnings increased from R84.8 million to R96.7 million for the year ended June 2009. This represents a 14% increase on the prior year. Headline earnings per share decreased by 9.7%. The board declared an ordinary cash dividend of 7.5c per share.



Prospects

GPI's healthy portfolio of highly cash-generative assets have proved resilient during the unfolding global economic storm. These assets have provided GPI with an excellent platform on which to build on GPI's enviable track record. Mindful of the needs of the group's shareholders and the company's commitment to be a dividend active company, provision has been made for the payment of a dividend. The retained cash in the business as well as its strong balance sheet places GPI in a good position to expand its interests in the tourism and leisure sector, including the urban casino industry and the LPM market. During this recessionary period, where many businesses are waiting for the economic storm to abate, GPI is firmly on the move and taking advantage of its opportunities.
25 Jun 2009 15:56:43
(Official Notice)
Mr. Ralph Freese has resigned as company secretary of GPI with immediate effect. Mr Richard Julian Hoption has been appointed as the Financial Director and new Company Secretary of GPI with immediate effect.
18 May 2009 14:57:06
(Official Notice)
Shareholders are hereby notified that Sun International Ltd released their business update for the quarter and nine months to 31 March 2009 on SENS on Thursday, 14 May 2009. Due to the fact that a number of GPI's investments, the most significant being GrandWest, through its direct economic shareholding of 29,24% in SunWest International (Pty) Ltd, are included in Sun's business update, the board of GPI feel it prudent to alert shareholders to such update.
15 Apr 2009 12:36:40
(Official Notice)
Shareholders are hereby notified that GPI has launched their new website on Tuesday, 14 April 2009. The website address is www.grandparade.co.za.
09 Mar 2009 13:32:40
(C)
Turnover decreased from R16 381million to R13 320 million in 2008. Profit from operations decreased to R5 098 million (2007:R8 959 million). Profit attributable to ordinary shareholders decreased to R126 771 million (R789 641 million). In addition, headline earnings on a per share basis decreased to 10.54cps (12.52cps).



Dividends per share

No interim dividends were declared for the period under review.



Prospects

Grande Parade is an investment company and will continue to seek out attractive investment opportunities capable of delivering medium to long-term growth in the underlying value of its expanding portfolio. While the trading environment is extremely challenging and we are in the midst of an uncertain future, the board of Grande Parade believes that Grande Parade is well positioned to capitalise on opportunities that will no doubt arise in the present environment. Grande Parade has a strong balance sheet with a low level of gearing and is invested in high quality cash-generative assets. Grande Parade's focus remains the urban casino and LPM market, but it will also be reviewing other opportunities in the current depressed market to expand its portfolio.
27 Feb 2009 11:07:53
(Official Notice)
Shareholders are hereby notified that Sun International Ltd ("SunInt") released their interim financial results for the 6 months ended 31 December 2008 on SENS yesterday, 26 February 2009 ("SunInt's interim results"). Due to the fact that Granprade's most significant investment, being its direct shareholding of 29.24% economic interest in SunWest International (Pty) Ltd, which in turn has GrandWest as its main asset, is included in SunInt's interim results, the board of Granprade feel it prudent to alert shareholders to such results.
10 Dec 2008 15:30:42
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on Tuesday 9 December 2008 the ordinary and special resolutions tabled in terms of the notice of annual general meeting dated 16 October 2008 were all passed by the requisite majority of shareholders.The special resolutions will be submitted to the Registrar of Companies for registration as soon as is reasonably possible.
17 Nov 2008 13:42:38
(Official Notice)
Shareholders are advised that the annual report has been posted on 17 November 2008. The cash flow statement for the year ended June 2008, which forms part of this annual report contains one minor change from the cash flow statement included in GPI's results released on SENS on the 2 September 2008. Cash flows from operating activities have been reduced and cash flow from financing activities increased by R5 741 228, respectively. This was due to the re-allocation of an accrual. The net cash position itself, did not change. The company's auditors, Ernst - Young Inc, have agreed the aforementioned change and the annual financial statements that have been posted out were amended to reflect this change.



The annual general meeting of the members of the company will be held at Market Hall, GrandWest Casino, Goodwood on 9 December 2008, at 18:00, to transact the business as stated in the notice of the annual general meeting included in the annual report as posted to shareholders.
05 Nov 2008 09:35:06
(Official Notice)
Shareholders are hereby notified that Sun International Ltd ("Sun Int") released their quarterly profits announcement on SENS on Tuesday, 4 November 2008. Shareholders should note that GPI does not report quarterly and accordingly in terms of the Listings Requirements of the JSE Ltd and GPI is not obliged to make any similar announcement. However, due to the fact that GPI's significant investment, being its direct holding of 29.24% economic interest in SunWest International (Pty) Ltd of which GrandWest is a significant asset, is included in Sun Int's announcement, the board of GPI feel it prudent to alert shareholders to such reference.
29 Sep 2008 13:27:50
(Media Comment)
According to Finweek, GPI has acquired more shares in Real Africa Holdings Ltd ("RAH"), in which Sun International Ltd has a 60.3% stake, to add to its existing 30.57% stake in the company. The magazine said that this could possibly be a prelude to GPI snapping up the remaining minorities in RAH, delisting it and embarking on asset swaps, possibly involving GPI taking additional shares in SunWest.
02 Sep 2008 14:58:11
(C)
Maiden results for GPI showed revenue of R34 million and profit from operations of R756.9 million. Net attributable profit after taxation was R738.6 million and headline earnings of 23.17cps was recorded.



Dividend

A maiden final ordinary dividend of 10cps was declared.



Prospects

GPI's key source of cash flow income is dividends from its investments in SunWest and Western Cape Manco. GPI also expects to benefit from dividends from its holdings in RAH and Thuo Gaming WC. GPI will focus it efforts on optimising the performance of its investments and search for new opportunities to acquire assets of the same quality.
06 Aug 2008 14:29:16
(Official Notice)
Shareholders are referred to annexure 12 of the GPI pre-listing statement issued on 19 May 2008 and specifically to the details pertaining to the SunWest transaction set out therein. As stated in the PLS, on 17 August 2007 GPI and SunWest concluded an agreement in terms whereof GPI was granted the option to subscribe for between 500 131 and 700 182 new "N" ordinary shares in SunWest subject to GPI ensuring that between 25% and 35% of its issued share capital is beneficially held by black persons or black companies with such shares being in a lock-in structure until 2012. Shareholders are hereby advised that GPI has duly exercised a portion of the option to subscribe for 560 000 new shares in SunWest. It is noted that it is the intention of GPI to take up the balance of the option as its locked-in black shareholding increases to 35%. GPI has until 29 June 2010 to exercise the balance of the option. Shareholders are advised further that the exercise of the option constitutes a category 2 transaction in terms of the listings requirements of the JSE Ltd.
29 Jul 2008 15:46:49
(Official Notice)
GPI announced the appointment of three new directors to the board of GPI:

*Adrian Funkey is to be appointed as the new CEO of the company with effect from 1 September 2008. Adrian is a qualified chartered accountant. He previously held a senior executive position with Sun International Ltd and brings with him vast experience in the gaming and leisure industry.

*Richard Hoption, the current CEO, has recently indicated his desire to step aside from that role. Richard will accordingly resign as CEO with effect from 1 September 2008. The company is very grateful to Richard for his input as CEO especially his pivotal role during the very successful listing of GPI in June 2008. Richard will remain with GPI and focus on investments and strategy including looking at new opportunities of which there are currently a number under consideration.

*Norman Maharaj and Charl Williams are to be appointed as independent, non-executive directors effective from 1 August 2008. Norman Maharaj is currently the commissioner in Public Service Commission and is an honorary director of Bush Radio and chairperson of the Inter Hospital Co-ordinating Committee. He is a qualified medical doctor and has held senior executive management positions at a number of Western Cape government hospitals; including Groote Schuur, GF Jooste and Red Cross Children's Hospital and is a founding member of the National Union of Public Service and Allied Workers. His extensive public service experience will help broaden the board's analytical and decision-making abilities. Charl Williams is a director at Hofmeyr Herbstein - Gihwala Inc. and practises principally in commercial and corporate law. Charl holds a BA (Law), LLB, and LLM (Advanced Company Law and Tax Law) degrees obtained from the Universities of the Western Cape and Cape Town, respectively.
19 Jun 2008 16:02:00
(Official Notice)
Shareholders are referred to the announcement as published on SENS on 10 June 2008 in respect of the additional RAH acquisitions and should note that all of the conditions precedent to the aforementioned transaction have now been fulfilled with the JSE Ltd having approved the listing of 14 680 202 ordinary GPI shares as part settlement of the additional RAH acquisitions. Shareholders should note that on 13 June 2008, the board resolved to amend certain of the terms and conditions of the extended RAH offer, regarding the renunciation by those participating RAH minority shareholders of at least 35% of their rights to subscribe for the GPI shares to suitably qualified BEE parties, was waived. The additional RAH acquisitions bring GPI's shareholding in RAH to 30.57%.
10 Jun 2008 08:49:11
(Official Notice)
The board of directors of GPI announced the acquisition of an additional 27 321 561 Real Holdings Ltd (RAH) ordinary shares, representing 7.56% of the issued ordinary share capital in RAH.
16-Feb-2017
(X)
The Company is an investment holding company and derives its income mainly from dividends and interest. The consolidated Annual Financial Statements of the Company and its subsidiaries also incorporate the equityaccounted attributable income of associated companies and joint ventures. The Group?s interest consist mainly of investments in gaming and food as well as property, electronic manufacturing and information technology.


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