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20-Oct-2017
(Official Notice)
16-Oct-2017
(Official Notice)
12-Oct-2017
(Official Notice)
Further to the SENS announcement of May 23, 2017, the board of Group 5 announced the appointment of Judith Nompumelelo Nzimande as the Executive Director Human Resources with effect from October 1, 2017.



Judith joins the company at a crucial time when it is repositioning itself to address the underperforming operations and respond positively to the current vacillating market and economic environment; strategic imperatives whose success predominantly lays on the efficacies of the company?s human capital management processes.
06-Oct-2017
(Official Notice)
As communicated to the market at the group?s year-end results presentation in August 2017, the newly-constituted board of Group Five committed to commence the F2018 year with a critical evaluation of the group?s strategy and the appropriateness of its clusters, businesses and asset-base to ensure value creation for all stakeholders.



In line with this, the CEO, supported by his executive team, formulated a revised strategy and optimal group structure which received in-principle approval from the board on 4 October 2017. The board and management team are conscious of the urgent need to address its underperforming operations in a rapidly-changing and challenging market landscape and to ensure that the strategic positioning of all clusters and businesses are evaluated. The board is committed to report back to the market on its strategic intent and implementation plan as soon as possible. The board and management will finalise and communicate the agreed way forward during the course of October 2017.



As previously disclosed, the board also confirms that it has received a number of expressions of interest from credible parties, and continues to receive new expressions of interest. These relate to various assets and businesses within the group. It should be noted that the board is currently not in possession of a firm intention offer. The board is aware of its fiduciary duty and responsibility to evaluate any action that could potentially lead to a value-enhancing position for shareholders. The board is assessing all these expressions of interest received, will engage with parties, where appropriate, and is committed to keeping shareholders properly informed.
29-Sep-2017
(Official Notice)
Shareholders are advised that the company?s annual compliance report in terms of section 13G(2) of the Broad-based Black Economic Empowerment Amendment Act, No 46 of 2013, is available on the company?s website at www.groupfive.co.za.
23-Aug-2017
(Official Notice)
Further to Group 5's audited group results for the year ended 30 June 2017, released on SENS on Tuesday, 22 August 2017, the integrated annual report is now available on the Company?s website, www.groupfive.co.za and has been distributed to shareholders on Tuesday, 22 August 2017. The integrated annual report contains no modifications to the aforementioned published audited group results.



Annual general meeting

The annual general meeting of shareholders of Group 5 will be held at the registered office of Group Five, No 9 Country Estate Drive, Waterfall Business Estate, Jukskei View, Johannesburg on Tuesday, 7 November 2017 at 11:00, to transact the business as stated in the notice of the annual general meeting forming part of the integrated annual report.



The board of directors of the Company have set Friday, 27 October 2017 as the record date for determining which shareholders are entitled to participate in and vote at the annual general meeting.
22-Aug-2017
(C)
14-Aug-2017
(Official Notice)
25-Jul-2017
(Official Notice)
Group 5 shareholders are advised that all resolutions were passed by the requisite majority of Group 5 shareholders present in person or represented by proxy at the EGM.



Changes to the board

Following the conclusion of the EGM and acceptance by the directors of their election as non-executive directors of the company, the board of Group 5 announced the appointments of:

- Ms Reitumetse Jackie Huntley;

- Mr Nazeem Martin;

- Ms Nonyameko Mandindi;

- Dr John Leonard Job;

- Mr Michael Robert Upton;

- Ms Cora Fernandez;

- Dr Thabo Cliford Kgogo; and

- Mr Edward Boetie Williams, as non-executive directors to its board with immediate effect.
24-Jul-2017
(Official Notice)
12-Jul-2017
(Official Notice)
Further to the announcement released on SENS on 23 June 2017 relating to the notice of the extraordinary general meeting (?EGM?) to reconstitute the board of directors of Group Five, shareholders are advised that Ms Keneilwe Moloko has withdrawn her availability to be elected as a non-executive director of Group Five from the EGM process and Ordinary Resolution Number 9 of the notice of EGM has therefore been retracted.

28-Jun-2017
(Official Notice)
Further to the announcement released on SENS on 23 June 2017, relating to the calling of an extraordinary general meeting (?EGM?) on 24 July 2017 and the related notice to the EGM and form of proxy issued on the same date, shareholders are advised that:

*In terms of the company?s Memorandum of Incorporation completed forms of proxy must be received by the transfer secretaries of the company by no later than 11:00 on Thursday, 20 July 2017.

*The company has received legal advice that the issued notice of the EGM remains valid and proxies submitted in terms thereof will be valid. However the provision that proxies must be delivered 48 hours prior to the meeting may be ignored.

*The company confirms that it will therefore accept proxies submitted at any time.

*The EGM will take place as scheduled.





23-Jun-2017
(Official Notice)
Further to the various announcements released on SENS on 18 May 2017, 29 May 2017 and 9 June 2017 relating to the calling of an extraordinary general meeting (?EGM?) to reconstitute the board of directors of Group Five, shareholders are advised that a notice of EGM, together with a form of proxy, has been posted today and is available on the Company?s website, www.groupfive.co.za.



The EGM will be held at the registered office of Group Five, No 9 Country Estate Drive, Waterfall Business Estate, Jukskei View, Johannesburg on Monday, 24 July 2017 at 11:00.



The record date for determining which shareholders are entitled to participate in and vote at the EGM is Friday, 14 July 2017.



Changes to the board of directors

As a result of the proposed reconstitution of the board of directors of Group Five, shareholders are advised that the following directors will resign with effect from 24 July 2017:

*P Mthethwa: independent non-executive director and chair;

*KK Mpinga: lead independent non-executive director;

*J Chinyanta: independent non-executive director;

*W Louw: independent non-executive director; and

*V Rague: independent non-executive director.



09-Jun-2017
(Official Notice)
The board of directors of Group Five (the ?Board?) wishes to provide an update on the request from a major shareholder to call an extraordinary general meeting. As outlined in the SENS announcements released on 18 May and 29 May 2017, the company has been notified by its shareholder, Allan Gray, that it seeks to call an extraordinary general meeting (?EGM?) to reconstitute the Board.



Engagements with Allan Gray in an attempt to address its concerns have unfortunately been unsuccessful. The company therefore advises that an EGM of shareholders has been scheduled for Monday, 24 July 2017. The relevant notice of the EGM and form of proxy for voting will be issued by no later than Friday, 23 June 2017. Shareholders are accordingly advised that they no longer need to exercise caution when dealing in the company's securities. A further announcement setting out full details of the EGM of shareholders will be released on Friday, 23 June 2017.

29-May-2017
(Official Notice)
23-May-2017
(Official Notice)
The board of Group Five Ltd is pleased to announce Mr. Themba Mosai?s appointment to the board as Group Chief Executive Officer and Mr. Kushil Maharaj?s appointment as Group Executive Committee (Exco) member of Investments - Concessions with immediate effect.

18-May-2017
(Official Notice)
Group Five shareholders are advised that the Company has been notified by a shareholder that it seeks to call an extraordinary general meeting, to reconstitute the board of directors of Group Five (the ?Board?), following a disagreement with the Board on the future direction of the Company. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made.
12-May-2017
(Official Notice)
Shareholders had been previously advised, via a JSE SENS announcement issued on 5th December 2016, that the Company had entered into a sale and purchase agreement and shareholders agreement with Aberdeen Infrastructure Funds ("AIF?) pursuant to which AIF would acquire a 49.99% stake in Intertoll Europe?s underlying Public-Private-Partnership ("PPP") project investment portfolio, which houses Group Five?s key European investment and concession assets for a total cash consideration of approximately EUR43.0 million ("the Transaction"). Intertoll Europe?s PPP project investment portfolio comprises a 15.00% holding in Gdansk Transport Company SA ("GTC"), a 10.00% holding in Mecsek autopalya koncesszios zrt ("M6 Mecsek") and a 12.67% holding in M6 Duna autopalya koncesszios zrt ("M6 Duna").



Following implementation of the Transaction, Group Five will hold 50.01% of the Seed Assets and AIF will hold the remaining 49.99%. Both parties' interests in the Seed Assets will be held through Intertoll Capital Partners BV, a joint venture established to facilitate this partnership (the "JV") with the parties? relative interests within the JV subject to change based on future investments. The Transaction creates a strategic alliance with AIF, who will co-invest with the Company in future projects that provide access to capital, improving Group Five?s ability to participate in the development, investment, operations and maintenance of global concession assets. Intertoll Europe will retain its entire Operations and Maintenance ("O-M") capability and current contract portfolio, whilst enhancing its prospects to secure new projects.



Update on fulfilment of the conditions precedent

The group is pleased to announce that financial close, on the GTC portion of the Transaction, has been achieved following the fulfilment of the conditions precedent to the Transaction on these assets. Financial close on the M6 assets is expected before 30 June 2017.
05-May-2017
(Official Notice)
The board of Group Five advised that non-executive director Babalwa Ngonyama, has announced her resignation from the board with effect from May 5, 2017.
03-May-2017
(Official Notice)
07-Apr-2017
(Official Notice)
The board of Group Five advised that non-executive director Mark Thompson, has announced his resignation from the board with effect from April 6, 2017.



A process of recruiting three non-executive directors to balance the board and enhance its diversity, has been initiated.



As announced in February this year, the group continues to focus on aggressively implementing the restructure programme, with a view to flatten the operating structure, right size the organisation, reduce overheads and improve operational efficiency. This program is backed by a retrenchment process that is currently underway along with a retention plan targeted at key personnel.



The group announced its success in securing three major projects with a combined value in excess of R2 billion, in the last month.
03-Apr-2017
(Official Notice)
The board of Group Five advised that group executive committee (exco) member and head of the Investments - Concessions cluster, Jon Hillary, has announced his resignation. Jon has a notice period of three months to end on 30 June 2017. Jon leaves an experienced senior management team in place in the property and transport businesses of Investments - Concessions.
27-Mar-2017
(Official Notice)
The board of Group Five advised that group executive committee (?exco?) member and head of human resources, Jesse Doorasamy, has announced his resignation and will be leaving the group on 30 June 2017.
01-Mar-2017
(Official Notice)
The board of Group Five announces that group executive committee (?exco?) member and the head of Developments, Themba Mosai, has been appointed as the group?s interim CEO.



The board has initiated processes for the appointment of a permanent CEO which include the assessment of both internal and external potential candidates.

24-Feb-2017
(Official Notice)
Shareholders are advised that the dividend withholding tax rate has been increased from 15% to 20% following the Minister of Finance?s budget speech. The date of the change is with effect from 22 February 2017. Further to Group Five?s unaudited interim results for the six months ended 31 December 2016, incorporating a dividend declaration, released on SENS on 22 February 2017, shareholders are advised of the updated dividend declaration paragraph as set out below:



Dividend declaration

On 20 February 2017, the directors declared a gross interim dividend of 14 cents per ordinary share (11.20 cents per ordinary share net of dividend tax) (H1F2016: 42 cents).

- The dividend has been declared from income reserves

- In terms of dividend tax, the following additional information is disclosed:

- The dividend is subject to dividend tax at 20% (2.10 cents per share)

- The net dividend will therefore be 11.20000 cents per share for shareholders who are not exempt from dividend tax

- The amount of shares in issue at the date of this declaration is 112 258 283 (101 292 111 exclusive of treasury shares) and the company's tax reference number is 9625/077/71/5.
22-Feb-2017
(Official Notice)
Group Five advised bondholders that the interim results of the Guarantor, Group Five, for the period ended 31 December 2016 are available for inspection at the registered office of the Issuer. The interim results of the Guarantor have also been made available on Group Five?s website at www.groupfive.co.za/ir_interims.php
22-Feb-2017
(C)
09-Feb-2017
(Official Notice)
09-Feb-2017
(Official Notice)
05-Dec-2016
(Official Notice)
02-Nov-2016
(Official Notice)
Group Five shareholders are advised that the voting results for the annual general meeting of Group Five held at the registered offices of the Company on 31 October 2016, all resolutions were passed by the requisite majority of Group Five shareholders present in person or represented by proxy at the annual general meeting.
01-Nov-2016
(Official Notice)
Noteholders are advised that Global Credit Ratings Co (Pty) Limited (?GCR?) has, on 31 October 2016, assigned new credit ratings to the Guarantor, Group Five Limited, as follows. GCR assigned BBB+(ZA) and A2(ZA) in the long term and short term respectively; with the outlook accorded as Stable.



The report may be retrieved at the below link https://globalratings.net/news/article/gcr-downgrades-group-five-limiteds-rating-to-bbbza-outlook- stable

11-Oct-2016
(Official Notice)
16-Aug-2016
(Official Notice)
Further to Group Five's audited group results for the year ended 30 June 2016, released on SENS on Monday, 15 August 2016, the integrated annual report is now available on the company?s website, www.groupfive.co.za and has been distributed to shareholders on 15 August 2016. The integrated annual report contains no modifications to the aforementioned published audited group results.



Annual general meeting

The annual general meeting of shareholders of Group Five will be held at the registered office of Group Five, No 9 Country Estate Drive, Waterfall Business Estate, Jukskei View, Johannesburg on Monday, 31 October 2016 at 13:00, to transact the business as stated in the notice of the annual general meeting forming part of the integrated annual report. The board of directors of the company have set Friday, 21 October 2016 as the record date for determining which shareholders are entitled to participate in and vote at the annual general meeting.

15-Aug-2016
(C)
01-Aug-2016
(Official Notice)
Group Five shareholders are advised that, for the year ended 30 June 2016, the group expects:

- Fully diluted headline earnings per share (?FDHEPS?) to be between 60%-70% higher (326 to 347 cents per share);

- Headline earnings per share (?HEPS?) to be between 60%-70% higher (328 to 349 cents per share);

- Fully diluted earnings per share (?FDEPS?) to be between 65%-75% higher (365 cents to 387 cents per share); and

- Earnings per share (?EPS?) to be between 65%-75% higher (366 cents to 389 cents per share);

than the FDHEPS of 204 cents per share, the HEPS of 205 cents per share, the FDEPS of 221 cents per share and the EPS of 222 cents per share published for the previous corresponding year.



The group's results for the year ended 30 June 2016 will be released on SENS on 15 August 2016 when the group will update the market on its business in a presentation in Johannesburg on the same day. The presentation will be available for all stakeholders on the group's website, www.groupfive.co.za.
07-Jun-2016
(Official Notice)
Group Five expects earnings per share and headline earnings per share for the year ended 30 June 2016 to increase by more than 20%, mainly due to larger than usual fair value upwards adjustments on its service concessions based in Eastern Europe following improved expected future cash flows from these service concessions, supplemented by foreign currency gains.



The prior comparative period, being the year ended 30 June 2015, reflected earnings per share of 222 cents and headline earnings per share of 205 cents respectively. Once the Company has certainty on the actual range of the increase, a further trading statement will be released on SENS. The group?s final results are expected to be released on 15 August 2016.
27-May-2016
(Official Notice)
Shareholders are advised that, in anticipation of their impending retirement on 31 August 2016, Mr SG Morris and Dr JL Job have relinquished their duties as chairpersons of the Audit and Remuneration committees, respectively. They shall continue to serve as members of the Board and these committees until retirement date. The board has thus effected the following changes with immediate effect:

*KK Mpinga succeeds SG Morris as Lead Independent Director;

*B Ngonyama succeeds SG Morris as chairperson to the Audit Committee;

*W Louw succeeds B Ngonyama as chairperson to the Transformation and Sustainability Committee (previously Social and Ethics Committee);

*MR Thompson succeeds JL Job as chairperson to the Remuneration Committee;

*B Ngonyama and W Louw be appointed as members to the Nomination Committee.







20-May-2016
(Official Notice)
In accordance with section 2.6(b) of the Debt Listings Requirements of the JSE Ltd., noteholders of Group Five notes are hereby advised that the company has appointed Rand Merchant Bank, a division of FirstRand Bank Ltd., to act as JSE Debt Sponsor, effective 19 May 2016.
20-May-2016
(Official Notice)
Group Five Construction Ltd confirms the termination of services of Nedbank CIB, a division of Nedbank Ltd as Debt Sponsor to the Group Five Construction Ltd DMTN programme with effect from 19 May 2016.





20-May-2016
(Official Notice)
Group Five Construction Ltd confirms the termination of services of Nedbank CIB, a division of Nedbank Ltd as Debt Sponsor to the Group Five Construction Ltd DMTN programme with effect from 29 May 2016.



11-May-2016
(Official Notice)
Shareholders are advised that the group will be meeting with interested debt institutions as part of a long-term debt capital raising roadshow on Wednesday, 11th May 2016 in Cape Town and on Friday, 13th May 2016 in Johannesburg



In order to ensure equal dissemination of information to all stakeholders, the presentation prepared for this roadshow is available for viewing on the group?s website, www.groupfive.co.za.



In addition, Group Five refers to the various media reports regarding a number of civil claims for damages instituted by the South African National Roads Agency Limited ("Sanral") against seven construction firms.



Group Five confirms that it has received a single summons for a claim by Sanral in relation to one project, namely the Senekal Project. Group Five has been cited as a co-defendant in the summons, together with Murray - Roberts Limited and Concor Ltd. Group Five's proportionate share of Sanral's claim is R7 million.



Group Five disagrees with the allegations made by Sanral in the summons and intends to defend the claim.



16-Feb-2016
(Media Comment)
According to Business Report Group Five's investments and concessions business, whose revenue primarily comprises of fees for the operation and maintenance of toll roads, has increased its order book by more than 25 percent to R5.57 billion after securing a 20 year contract in Northern Ireland plus shorter contracts in Poland and elsewhere. The business bolstered the performance of the group in the six months to December, which was dragged down by a continued weak performance by engineering and construction cluster.
15-Feb-2016
(C)
29-Jan-2016
(Official Notice)
15-Jan-2016
(Official Notice)
Group Five Construction Proprietary Limited has publicly released its Audited Annual Financial Statements ended 30 June 2015. The financial information is available on Group Five?s website www.groupfive.co.za/ir_dmtn.php and at their office at 9 Country Estate Drive, Waterfall Business Estate, Jukskei View 1662 with immediate effect.



05-Jan-2016
(Official Notice)
Nedbank CIB in its role as Debt Sponsor to Group Five Construction Pty Ltd wishes to advise that the above mentioned applicant issuer has now submitted its Annual Financial Statements for the year ended 30 June 2015 and is now in full compliance with the JSE?s Debt Listings Requirements.



Accordingly Nedbank CIB, in its capacity as Debt Sponsor, confirms that the announcement issued by the JSE yesterday dated 4 January 2016 may now be disregarded as there is no threat of suspension and possible termination of the company?s bond GFC04.



05-Jan-2016
(Permanent)
Group Five Construction Pty Ltd has publicly released its Audited Annual Financial Statements ended 30 June 2015. The financial information is available on Group Five?s website www.groupfive.co.za/ir_dmtn and at their office at 9 Country Estate Drive, Waterfall Business Estate, Jukskei View, 1662, South Africa with immediate effect.



04-Jan-2016
(Official Notice)
The Johannesburg Stock Exchange ("JSE") wishes to advise that Group Five Ltd. has failed to submit its annual report within the six-month period stipulated in the JSE's Debt Listings Requirements. Accordingly, this announcement is issued to warn holders of debt securities that the issuer has failed to submit its annual report timeously and that the listing of the issuer's securities is under threat of suspension and possible termination.



Should the issuer still fail to submit its annual report by 31 January 2016 its listing will be suspended. This announcement has been placed by the JSE in the interest of debt security holders.

15-Dec-2015
(Official Notice)
03-Nov-2015
(Official Notice)
Group Five shareholders are advised that the voting results for the annual general meeting of Group Five held at the registered offices of the Company on 3 November 2015. Based on the above voting results, all resolutions were passed by the requisite majority of Group Five shareholders present in person or represented by proxy at the annual general meeting.





29-Oct-2015
(Official Notice)
Group Five attended the Macquarie Construction CEO Conference held in Johannesburg on Wednesday 28th October 2015.



In order to ensure equal dissemination of information to all stakeholders, the group wishes to advise that a presentation is available on the group?s website at www.groupfive.co.za which sets out the questions posed to management at the group session at the referenced conference and responses provided thereto.
31-Aug-2015
(Official Notice)
Further to Group Five's audited group results for the year ended 30 June 2015, released on SENS on Monday, 17 August 2015, the integrated annual report is now available on the company?s website, www.groupfive.co.za and will be posted to shareholders on 3 September 2015. The integrated annual report contains no modifications to the aforementioned published audited group results.



Annual general meeting

The annual general meeting of shareholders of Group Five will be held at the registered office of Group Five, No 9 Country Estate Drive, Waterfall Business Estate, Jukskei View, Johannesburg on Tuesday, 3 November 2015 at 11:00, to transact the business as stated in the notice of the annual general meeting forming part of the integrated annual report. The board of directors of the company has set Friday, 23 October 2015 as the record date for determining which shareholders are entitled to participate in and vote at the annual general meeting.

17-Aug-2015
(C)
27-Jul-2015
(Official Notice)
Group Five shareholders are advised that, for the year ended 30 June 2015, the group expects:

* Fully diluted headline earnings per share (?FDHEPS?) to be between 45%- 53% lower (188 to 219 cents per share);

* Headline earnings per share (?HEPS?) to be between 45%-53% lower (191 to 224 cents per share);

* Fully diluted earnings per share (?FDEPS?) to be between 40% - 50% lower (197 cents to 236 cents per share); and

* Earnings per share (?EPS?) to be between 40% - 50% lower (201 cents to 241 cents per share)

than the FDHEPS of 399 cents per share, the HEPS of 407 cents per share, the FDEPS of 394 cents per share and the EPS of 401 cents per share published for the previous corresponding period.



Reporting

The above information has not been reviewed or reported on by Group Five?s auditors. The group's results for the year ended 30 June 2015 will be released on SENS on 17 August 2015 when the group will update the market on its business in a presentation in Johannesburg on the same day, and in Cape Town on 18 August 2015. The presentation will be available for all stakeholders on the group's website, www.groupfive.co.za.
18-Mar-2015
(Official Notice)
Shareholders are referred to the announcement issued by the Competition Commission (?the Commission?) on 17 March 2015 in respect of the Commission's case against Group Five on a particular project, the ?Senekal Project? (the rehabilitation of a section of the N5), and are advised that this project has now been referred to the Competition Tribunal (?the Tribunal?). Shareholders are referred to Group Five?s previous public announcements in this regard, most recently the Group?s interim results released on SENS on 11 February 2015, in which the Group advised that it was implicated by the Commission in four projects which were not protected by immunity and which were not settled by Group Five due to discernible factual and evidentiary discrepancies in the Commission's case.



Last month the Commission elected not to proceed further in respect of one of these implicated projects, meaning Group Five now remains implicated in three projects. As mentioned above, the Senekal Project was referred to the Tribunal on 17 March 2015 and, as previously announced on 12 November 2014, the "World Cup Stadia" has also been referred to the Tribunal. One case therefore remains outstanding, which may or may not be referred to the Tribunal, subject to the Commission?s further investigations.



Group Five?s lawyers have advised that there are evidentiary hurdles in the Commission's case in respect of the two referred projects and that the Group has good prospects of success in opposing the Commission's referral of the matters. The Company considers the referral of the projects a positive step towards fully ventilating the issues in respect of the alleged conduct, interrogating the evidence in the possession of the Commission and obtaining an objective decision on the Group's liability from the Tribunal.



Whilst Group Five has been advised not to make any specific comments on the quantum of any potential administrative penalty that may arise in respect of the projects, Group Five confirms that it believes it is adequately covered by the provision raised in the 2013 financial year against any potential penalty imposition.
11-Feb-2015
(C)
02-Feb-2015
(Official Notice)
06-Nov-2014
(Official Notice)
Group Five shareholders are advised that at the annual general meeting of Group Five held at the registered offices of the Company on 4 November 2014,all resolutions were passed by the requisite majority of Group Five shareholders present in person or represented by proxy at the annual general meeting.



03-Oct-2014
(Official Notice)
Subsequent to the SENS released on September 23, 2014 advising of the appointment of Eric Vemer as Chief Executive Officer Designate pending commencement of duties on December 1, 2014, shareholders are advised that Eric Vemer has been appointed as an executive director of the company and therefore joined the board with effect from October 1, 2014.

23-Sep-2014
(Official Notice)
Subsequent to the SENS released on 13th August 2014 in which shareholders were advised that Chief Executive Officer, Mike Upton, is approaching the group's executive retirement age, the board has accordingly completed a process to appoint Mike Upton's successor.



The Board is pleased to announce the appointment of Eric Vemer as Chief Executive Officer Designate in succession to Mike Upton.



Eric will commence his appointment as group Chief Executive Officer on 1st December 2014.



His appointment follows an extensive selection process from a group of carefully selected and competitive internal and external candidates. The Board is pleased to announce that an internal candidate has been appointed and is confident that Eric will successfully lead Group Five into the future off the solid base created over the last few years.



Eric is 49 years old and holds a BSc. Civil Engineering Degree (First Class Honours) and an MBA from the University of Cape Town and recently completed an executive development programme at Harvard University in the United States of America.



This appointment allows for an orderly handover of responsibility for the future of the group over the coming two months to 1st December 2014. During this time, and for a period thereafter, Mike Upton will support the transition and assume specific projects for the group.

21-Aug-2014
(Official Notice)
Subsequent to the audited group results, for the year ended 30 June 2014, which were released on SENS on 13th August 2014 and in which shareholders were advised that the group is in firm negotiation for a large over-border power contract which will significantly increase its order book and geographic exposure, shareholders are advised that:

* the project has progressed further as the group has now been awarded the R4 billion engineer, procure and construct (EPC) contract by Ghanaian group Cenpower Generation Company Limited (Cenpower) for the design and build of the 350 megawatt (MW) gas- and oil-fired combined cycle power plant in the municipality of Kpone within the Tema industrial zone in Ghana ("the Kpone IPP");

* the project is subject to certain conditions precedent and must now proceed to commercial and financial close, which includes equity and debt closures, which will take place over the coming weeks between Cenpower and the providers of the debt funding; and

* only once both commercial and financial close has been reached will the group receive a Notice-to-Proceed instruction which will trigger the commencement of contract execution.



Rand Merchant Bank, a division of FirstRand Bank Ltd., is the coordinating mandated lead arranger for the full commercial debt package, with support from the Export Credit Insurance Corporation of South Africa. Global technology leaders, including General Electric and Siemens, will supply the power generation equipment which approximates 50% of the contract value. The contract duration is three years from award to commercial operation. Group Five has successfully completed more than ten EPC power contracts to the value of R6 billion over the last seven years. The Kpone IPP is similar to a number of these completed EPC power contracts.



The group has successfully operated in Ghana for the last 15 years. The group will update stakeholders once both commercial and financial close has been reached, as these closures are mandatory before execution on the contract is required or can commence.
13-Aug-2014
(Official Notice)
Further to Group Five's audited group results for the year ended 30 June 2014, released on SENS on Wednesday, 13 August 2014, the integrated annual report was posted. The integrated annual report contains no modifications to the aforementioned published audited group results.



Annual general meeting

The annual general meeting of shareholders of Group Five will be held at 11h00 on 4 November 2014 at the company?s registered office, No. 9 Country Estate Drive, Waterfall Business Estate, Jukskei View, Johannesburg to transact the business as stated in the notice of the annual general meeting forming part of the integrated report.



The board of directors of the company have set Friday, 24 October 2014, as the record date for determining which shareholders are entitled to participate in and vote at the annual general meeting.
13-Aug-2014
(C)
23-Jul-2014
(Official Notice)
02-Apr-2014
(Official Notice)
Shareholders are advised that Mrs Babalwa Ngonyama and Messrs Justin Chinyanta, Willem Louw, Vincent Rague and Mark Thompson have been appointed as non-executive directors of the company with effect from 1 April 2014. These director appointments are made to replace recent retirements and with due consideration of the skills required for the group?s growth strategies.



Executive Committee Change

Shareholders are in accordance with paragraph 3.59(c) of the JSE Limited Listings Requirements, advised of the appointment of Jesse Doorasamy as the Group Human Resources Director and member to the executive committee with immediate effect.
17-Feb-2014
(C)
Revenue from continuing operations for the interim period ended 31 December 2013 grew to R7.7 billion (R4.9 billion) and operating profit increased to R328.2 million (R257.3 million). Profit attributable to ordinary shareholders of the company was up to R199.2 million (R128.4 million), while headline earnings per share from continuing operations increased to 205cps (176cps).



Dividend

The directors declared a gross interim dividend of 45cps.



Prospects

The markets in which the group currently trades still remain comparatively weak. However, the group's strategies and positioning in new and traditional target markets have and will continue to mitigate some of this weakness. The group's total secured Contracting order book (Construction and Engineering - Construction order book) stands at R14,0 billion (June 2013: R14,2 billion and December 2012: R13,5 billion). In addition, the group has R4,8 billion in secured operations and maintenance contracts (June 2013: R4,8 billion and December 2012: R4,6 billion). The overall group reported order-book at December 2013 thus stands at R18,8 billion. (June 2013: R19,0 billion and December 2012: R18,1 billion). The value of the group's target opportunity pipeline stands at R174 billion, which has remained largely unchanged from R179 billion at June 2013 and R124 billion at December 2012, with R131 billion of this pipeline currently in tender and pre-tender stage.



The pipeline indicates a further shift in favour of oil and gas, as well as a strong transport sector. Water projects are slowly coming to market but real estate looks to be somewhat slower. The group has made good progress against its two year internal fitness programme. The implementation of much of the process and structure changes, together with the efficiency initiatives, has set a more solid base. The outlook for the business in the short term is fair to good. The order book is being replenished in line with the group's strategy, with several strong short term prospects in support of African expansion, particularly in power, transport infrastructure and real estate.

13-Feb-2014
(Official Notice)
Shareholders are advised that Lindiwe Evarista Bakoro has resigned as independent non-executive director of the board of Group Five with effect from 11 February 2014 to focus on her executive responsibilities as the newly appointed Group Chief Financial Officer with the Petroleum, Oil and Gas Corporation of South Africa (SOC) Ltd. (PetroSA).
28-Jan-2014
(Official Notice)
Group Five shareholders are advised that, for the six months ended 31 December 2013, the group expects:

* Fully diluted headline earnings per share ("FDHEPS") to be between 30% - 40% higher (196 cents per share to 211 cents per share);

* Headline earnings per share ("HEPS") to be between 30% - 40% higher (198 cents per share to 213 cents per share);

* Fully diluted earnings per share ("FDEPS") to be between 40% - 50% higher (195 cents per share to 209 cents per share); and

* Earnings per share ("EPS") to be between 40% - 50% higher (196 cents per share to 210 cents per share) than the FDHEPS of 151 cents per share, the HEPS of 152 cent per share, the FDEPS of 139 cents per share and the EPS of 140 cents per share published for the previous corresponding period.



Operational update

The group's businesses performed in line with management expectations and largely in accordance with the guidance provided at the group?s management day with stakeholders (refer SENS release dated 25th November 2013). The improved results are delivered following the corrective action taken in the prior year, specifically with regards to Construction Materials segment and Middle East business.



Reporting

The group's results will be released on SENS on 17th February 2014 when the group will be updating the market on its business in a presentation in Johannesburg on the same day, and in Cape Town on 18th February 2014. The presentation will be available for all stakeholders on the group's website, www.groupfive.co.za.
25-Nov-2013
(Official Notice)
Group Five shareholders are advised that the executive management of the group today met with:

*members of the media for a schedule of presentations; and

*members of the financial community including fund managers and financial analysts for a presentation and schedule of meetings.



The discussions included:

*the group?s view on current market conditions;

*a general business update - including order book details as at October 2013.



Copies of all presentations delivered and hand-outs provided at the meetings have been placed on the group?s website www.groupfive.co.za.
05-Nov-2013
(Official Notice)
Shareholders are advised that, at the annual general meeting of Group Five held at the registered office of the company today, 5 November 2013, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy at the annual general meeting.



Ordinary resolutions 2.2, 3.5 and 4.2 relating to Mr DDS Robertson's re-election as a director of the company and his election as a member of the group audit committee and the group social - ethics committee respectively, were withdrawn prior to the commencement of the annual general meeting due to Mr Robertson's retirement as announced on 9 October 2013.
09-Oct-2013
(Official Notice)
Shareholders are advised that Dave Duncan Struan Robertson, the United Kingdom based director shall, for personal reasons, be retiring as independent non-executive director of the board of Group Five with effect from the annual general meeting of 5 November 2013.
12-Aug-2013
(C)
22-Jul-2013
(Official Notice)
24-Jun-2013
(Official Notice)
05-Jun-2013
(Official Notice)
Macquarie First South Securities Construction Conference Group Five attended the Macquarie First South Securities Construction Conference held in Johannesburg on Tuesday 4th June 2013. In order to ensure equal dissemination of information to all stakeholders, the group wishes to advise that a presentation, detailing the questions posed to management at the conference and responses provided thereto, is available, under the Corporate Documents Latest presentations section of the group's website, at www.groupfive.co.za.
08-May-2013
(Official Notice)
Shareholders were advised that Oyama Andrew Mabandla has resigned as independent non- executive director of the board of Group Five with effect from 6 May 2013.
11-Apr-2013
(Media Comment)
Business Day reported that Group Five has announced the launch of the R1.8 billion Infralink road construction contract in Zimbabwe. The 822 kilometre east-to -west route is one of the first roads to be upgraded. Group Five CEO, Mike Upton, commented that the contract bears testimony to the group's significant experience in Africa." Upton added that the "contract is a prime example of what can be achieved .. when governments and public and private sectors work together."
13-Feb-2013
(C)
Revenue from continuing operations for the interim period ended 31 December 2012 grew to R5.1 billion (R4.4 billion) and operating profit increased to R270 million (R219 million). Profit attributable to ordinary shareholders of the company was up to R135.1 million (R86.1 million), while headline earnings per share from continuing operations increased to 183cps (130cps).



Dividend

The directors declared a gross interim dividend of 32cps.



Prospects

The groups total secured Contracting order-book (Construction and Engineering - Construction) stands at R13,5 billion (June 2012 R11,3 billion and December 2011: R10,3 billion). In addition, the group reported R4,6 billion in secured operations and maintenance contracts (June 2012: R4,8 billion. The overall group reported order-book at December 2012 thus stands at R18,1 billion.



The value of the groups target opportunity pipeline stands at R124 billion, which is down from R148 billion at June 2012 and R144 billion at December 2011 due to a more conservative targeting of key sector and projects and some awards having been secured. The pipeline indicates a swing in favour of power, with mining, transport and real estate strong. The Investments and Concessions cluster is delivering annuity business growth, with group-wide opportunities in active infrastructure sectors in increasing geographies. Manufacturing has been refocused and its performance is improving on higher sales volumes to a broadening number of markets. The disposal of the loss-making Construction Materials cluster has resulted in the reduction in cash drain from this part of the group. The Middle East operations have been substantially reduced and contract close-outs progressing well, thus further reducing the drag on group performance.



Based on the groups positioning in the key infrastructure growth sectors of power, mining, oil and gas, water and transport and in the concessions and PPP market for specific projects, underpinned by the groups strong cash position, management expects a further recovery in group activity levels. This should support continued improvement in the groups trading performance from H2 F2013.

28-Jan-2013
(Official Notice)
29-Nov-2012
(Media Comment)
Business Report noted that Group Five has grown its order book to R12.1 billion at the end of October 2012 from R11.3 billion in June and was aiming for more work in Africa. The group's civil engineering cluster has already secured R870 million in mining civil work in the Democratic Republic of the Congo.
28-Nov-2012
(Official Notice)
Group Five shareholders are advised that, the executive management of the group, met:

* with members of the media for a schedule of presentations; and

* with members of the financial community including shareholders and financial analysts for a presentation and schedule of meetings.



The discussions included:

* the group's view on the current market conditions;

* general business update - including order book details as at October 2012.



Copies of all presentations delivered and hand-outs provided at the meetings have been placed on the group's website www.groupfive.co.za.
27-Nov-2012
(Official Notice)
Group Five shareholders were advised that, at the general meeting of the company held at the registered office of Group Five, 371 Rivonia Boulevard, Rivonia, Sandton today, 27 November 2012, all the ordinary and special resolutions relating to:

*the proposed amendments to the existing Group Five black economic empowerment transaction; and

*the adoption of the Group Five Long Term Incentive Plan,

were passed by the requisite majority of shareholders present or represented by proxy.
22-Nov-2012
(Official Notice)
Group Five shareholders were referred to the circular dated 29 October 2012 regarding, inter alia, the adoption of the Long Term Incentive Plan ("LTIP") and its salient features.



Additional information

Group Five shareholders have requested that Group Five provide additional information and clarification on the proposed LTIP, including the suggested criteria to be applied in determining eligibility of award against pre-determined performance targets. Accordingly, a detailed summary of the LTIP, which addresses such requests, has been prepared to assist shareholders and is available on Group Five's website, www.groupfive.co.za.



Ammendment to circular

Group Five shareholders are further advised that paragraph 7.2.3 of the salient features of the LTIP contained in annexure V of the circular should be amended to read as follows: "Unless the board determines otherwise, if a participant ceases to be employed by the Group by reason of misconduct, poor performance or resignation by the participant, any Performance Shares available to be settled shall be cancelled and shall not be settled."
06-Nov-2012
(Official Notice)
Shareholders are advised that, at the annual general meeting of Group Five held at the registered office of the company on 6 November 2012, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy at the annual general meeting.
16-Oct-2012
(Official Notice)
15-Aug-2012
(Official Notice)
Shareholders were advised that further to Group Five's audited group results for the year ended 30 June 2012, released on SENS on Monday, 13 August 2012, the integrated report was posted on Monday, 13 August 2012. The integrated report contains no modifications to the aforementioned published audited group results.



Annual general meeting

The annual general meeting of shareholders of Group Five will be held at 11h00 on Tuesday, 6 November 2012 at the company's registered office, 371 Rivonia Boulevard, Rivonia, to transact the business as stated in the notice of the annual general meeting forming part of the integrated report.



The board of directors of the company have set 10:00 Friday, 26 October 2012, as the record date for determining which shareholders are entitled to participate in and vote at the annual general meeting.
13-Aug-2012
(Official Notice)
Shareholders were referred to the cautionary announcements of which the last was renewed on 22 June 2012. The group announces that offers have been received and the related negotiations are either at an advanced stage or concluded for each of the businesses that constitute the Construction Materials cluster. Disclosure is provided in the audited group results on the resultant impairments to the carrying value of assets within this segment.



Due to the nature of these disposals being to individual purchasers of these businesses, the consideration in respect of each business will fall below the categorisation thresholds of the JSE Ltd. Listings Requirements and accordingly, shareholders were advised that caution is no longer required when trading in the company's shares.
13-Aug-2012
(C)
Revenue grew marginally to R8.78 billion (2011: R8.77 billion) and operating profit plunged from R331 million (2011: R606 million). Net attributable loss to equity shareholders increased to R278 million (2011: loss of R218 million). Additionally, headline earnings per share from continuing operations fell to 178cps (2011: 3.89cps)



Dividend

The group declared a final dividend of 14cps.



Prospects

The Investments and Concessions cluster is delivering annuity business growth, with groupwide opportunities in active infrastructure sectors in increasing geographies. Manufacturing has been refocused and its performance is improving on higher sales volumes to a broadening number of markets. The disposal of the lossmaking Construction Materials cluster will relieve the cash drain from this part of the group and improve returns once completed.



Based on the group's positioning in the key infrastructure growth sectors of power, mining, oil and gas, water and transport and in the concessions and PPP market for specific projects, as well as the progress made in terms of improving the group's internal efficiencies, management expects a slow recovery in group activity levels.



This should support an improvement in the group's trading performance from F2013.
06-Aug-2012
(Official Notice)
Shareholders were advised that Baroness Lynda Chalker has notified the board of Group Five that she will be retiring as independent non-executive director of the company with effect from 6 November 2012 after the group's annual general meeting.
20-Jul-2012
(Official Notice)
22-Jun-2012
(Official Notice)
Shareholders were referred to the cautionary announcements dated 27 January 2012, 9 March 2012 and 25 April 2012 and the subsequent update to shareholders released on SENS on 29 May 2012, wherein an update relating to the disposal of the businesses that constitute the construction materials segment was provided. The disposal process of the aforementioned businesses is progressing and, if successful, may have an effect on the share price of the company. Accordingly, shareholders are advised to continue to exercise caution when trading in the company's shares until a further announcement has been made.
29-May-2012
(Official Notice)
25-Apr-2012
(Official Notice)
Shareholders are referred to the announcements dated 27 January 2012 and 9 March 2012 and are advised that the company is still in discussions relating to the disposals of the businesses that constitute the construction materials segment and which if successful, may have an effect on the share price of the company. Accordingly, shareholders are advised to continue to exercise caution when trading in the company's shares until a further announcement has been made.
19-Apr-2012
(Media Comment)
Business Day reported that Group Five hopes to grow in East and West Africa as South African growth slows. CE Mike Upton said at an investment summit that Group Five sees "West Africa as a big growth area..."
09-Mar-2012
(Official Notice)
Shareholders are referred to the announcement dated 27 January 2012 and are advised that the company is still in discussions relating to the disposals of the businesses that constitute the construction materials segment and which if successful, may have an effect on the share price of the company. Accordingly, shareholders are advised to continue to exercise caution when trading in the company's shares until a further announcement has been made.
13-Feb-2012
(C)
Revenue for the interim period ended 31 December 2011 dropped to R4.6 billion (R4.8 billion) and operating profit fell to R219 million (R368.4 million). Profit attributable to ordinary shareholders of the company turned around to R86.1 million (loss of R339.4 million), while headline earnings per share decreased to 1.30cps (2.51cps).



Dividend

The directors have declared an interim dividend number 67 of 22cps.



Prospects

The group's total secured construction order book stands at R10,3 billion (30 June 2011: R8.8 billion). The construction one-year order book stands at R6.4 billion (30 June 2011: R5.9 billion). The value of the group's target opportunity pipeline stands at R144 billion, up from R134 billion in August 2011, with activity in all its markets. The investments and concessions cluster is delivering annuity business growth, with group-wide opportunities in active infrastructure sectors in increasingly more geographies. Manufacturing has been re-focused and its performance is improving on higher sales volumes to a broadening number of markets. The disposal of the loss-making construction materials business will relieve the cash drain from this segment on the group and improve returns once completed. Based on the group's positioning in the key infrastructure growth sectors of power, mining, oil and gas, water and transport and in the concessions market for specific projects, as well as the progress made in terms of improving the group's internal efficiencies, management expect a slow recovery in group activity levels from the second half of F2012. This should support some improvement in the group's trading performance from F2013. The timing of this recovery is dependent on the timing of awards on visible projects.
29-Nov-2011
(Official Notice)
08-Nov-2011
(Official Notice)
Shareholders are advised that, at the annual general meeting of Group Five held at the registered office of the company today, all the resolutions were passed by the requisite majority of shareholders present or represented by proxy at the annual general meeting.
12-Sep-2011
(Official Notice)
The South African National Roads Agency Ltd ("SANRAL") has announced the Protea Parkways Consortium as the preferred bidder for the circa R10 billion Winelands Toll Road project (Western Cape, South Africa). The lead construction partners of the Protea Parkways consortium are Group Five Ltd, Basil Read Ltd and Bouygues T.P. (France). The Protea Parkways Consortium will now, in consultation and negotiation with SANRAL, take this project through to financial close.
16-Aug-2011
(Official Notice)
In compliance with section 3.22 of the JSE Limited Listings Requirements, shareholders are advised as follows:



Annual report

Further to Group Five's audited results for the year ended 30 June 2011, released on SENS on Monday, 15 August 2011, the annual report was posted on Monday, 15 August 2011. The annual report contains no modifications to the aforementioned published audited results.



Annual general meeting

The annual general meeting of the members of Group Five will be held at 11h00 on Tuesday, 8 November 2011 at the company's registered office, 371 Rivonia Boulevard, Rivonia, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.

15-Aug-2011
(C)
08-Aug-2011
(Official Notice)
Shareholders are referred to the trading update released on SENS on 5 July 2011 which stated that, for the year ended 30 June 2011, the group expected:

*Fully diluted headline earnings per share ("FDHEPS") to be between 45% and 55% lower (253 cents per share to 309 cents per share) compared to the 561 cents per share in F2010;

*Headline earnings per share ("HEPS") to be between 45% and 55% lower (277 cents per share to 338 cents per share) compared to the 614 cents per share in F2010;

*Fully diluted earnings per share ("FDEPS") to be between 195% and 205% lower (loss of 243 cents per share to loss of 269 cents per share) compared to the 256 cents per share in F2010; and

*Earnings per share ("EPS") to be between 190% and 200% lower (loss of 252 cents per share to loss of 280 cents per share) compared to the EPS of 280 cents per share in F2010.



Group Five is now in a position to provide shareholders with further guidance in regard to the financial results for the year ended 30 June 2011 and expects:

*FDHEPS to be between 40% and 45% lower (309 cents per share to 337 cents per share) compared to the 561 cents per share in F2010;

*HEPS to be between 45% and 55% lower (276 cents per share to 338 cents per share) compared to the 614 cents per share in F2010;

*FDEPS to be between 185% and 195% lower (loss of 218 cents per share to loss of 243 cents per share) compared to the 256 cents per share in F2010; and

*EPS to be between 180% and 185% lower (loss of 224 cents per share to loss of 238 cents per share) compared to the EPS of 280 cents per share in F2010.



The group's audited results for the year ended 30 June 2011 will be released on SENS on 15 August 2011, when the Group will be updating the market on its business at a presentation in Johannesburg on the same day, and in Cape Town on 16 August 2011. The presentation will be available on the 15 August 2011 on the Group?s website, www.groupfive.co.za
03-Aug-2011
(Official Notice)
Group Five announced the appointments of Messrs Oyama Andrew Mabandla and Dave Duncan Struan Robertson as non-executive directors of the company with effect from 1 August 2011.
05-Jul-2011
(Official Notice)
31-Mar-2011
(Official Notice)
Group Five wishes to clarify the status around the media reports published that it is to construct a R5 billion concentrated solar (CSP) plant in the Northern Cape. Group Five made no formal announcement of its own on this subject, but can confirm the following:



Group Five has purposefully developed a power plant construction competence over the last six years and has a number of successfully completed projects already in service in both South Africa and the broader African continent. Through its Investments and Concessions and Engineering and Construction businesses, the group is also actively involved in the development of a number of renewable and gas fired power plants, and is participating in the Eskom "new build" programme.



The National Energy Regulator (NERSA), Eskom and the South African government are supportive of the introduction of renewable and low carbon power plants into the national generation mix. This is illustrated by the introduction of the Renewable Energy Feed in Tariff (REFIT) programme and the baseload independent power producer (IPP) programme.



Because of its high levels of solar radiation, the Northern Cape is potentially a popular destination for solar power investments and the project referred to in the media is a potential project that is being developed that would supply energy into the national grid through the government's renewable energy procurement process, which calls for prospective bankable projects to be submitted for consideration during 2011.



The project and the REFIT process is at an early stage and detailed comments around the project are therefore premature at this stage. The group confirms its commitment to the national power programme and in particular, to the development of renewable power in South Africa.
30-Mar-2011
(Media Comment)
Business Report indicated that Group Five might construct a R5 billion solar power plant to supply mines, first with power seen two years from now. Greg Heale, the group's director of engineering and construction said the project was still in development. The project, to be located in the sun drenched Northern Cape, would see construction of a 150 megawatt first phase, although the plant could be upgraded to between 450MW and 500MW of power. The economy is moving away from an over -reliance on dirty coal power, which supplies 90 percent of local electricity needs, to cleaner energy sources such as solar, wind, and nuclear energy.
14-Feb-2011
(C)
11-Feb-2011
(Official Notice)
01-Feb-2011
(Official Notice)
In response to the announcement released by the Competition Commission (Commission) in respect of the proposed investigation into anti - competitive behaviour within the Construction industry, Group Five wishes to confirm the following:- As communicated previously, Group Five has adopted a proactive stance in respect of the above and has since 2008 conducted extensive in house education and awareness programmes to ensure that our employees do not breach competition legislation as may have been the case in the past.



During the latter part of 2009, after having conducted an internal investigation, and in order to protect shareholder value, Group Five submitted a number of markers in respect of potential contraventions of competition legislation, and has to date been the most proactive in the sector. We are currently in the process of negotiating various leniency applications in respect of the above mentioned contraventions. We believe that our proactive and co-operative approach in taking advantage of the Commission's leniency programme has played an important role in mitigating the risk of penalties and / or fines. The Board of Group Five once again confirms its support for the Commission's process and its commitment to assist the Commission in its objective to rid the sector of anti-competitive behaviour. In terms of the Commissions corporate leniency policy, we have not been able to, nor will be able to, discuss any further details at this stage.

18 Jan 2011 14:34:06
(Official Notice)
Group Five shareholders are advised that, for the six months ended 31 December 2010, the group expects:

*Fully diluted headline earnings per share ("FDHEPS") to be between 15%-25% lower (187 cents per share to 212 cents per share); and

*Fully diluted earnings per share ("FDEPS") to be between 70%-80% lower (48 cents per share to 72 cents per share)

*Earnings per share ("EPS") to be between 70% - 80% lower (53 cents per share to 80 cents per share) than the FDHEPS of 249 cents per share, the FDEPS of 239 cents per share and the EPS of 265 cents per share published for the previous corresponding period.



The majority of the group's businesses performed in accordance with forecasts in the six months under review, however, the FDHEPS result was impacted by the further deterioration of trading conditions and increased uncertainty in forecasts in the aggregates and readymix concrete market from the levels reported in August 2010. Management therefore also deem it prudent to further impair the carrying value of the long term assets of the Construction Materials businesses which decreased the FDEPS result.

In addition, and to assist for comparative purposes:

*Earnings for the current period have not been affected materially by any pension fund valuations or fair value adjustments on service concessions

*The effect on both the H1 F2010 and H1 F2011 FDHEPS and FDEPS guidance given above is calculated using fully diluted shares. These shares include the dilutionary effect of the shares held by the group's previous BBBEE partner, iLima Consortium, at each period end. These shares are expected to revert to treasury shares, and thereafter be cancelled, once certain legal processes are completed, but remained in issue at 31 December 2010.



The above information has not been reviewed or reported on by Group Five's auditors. The group's results will be released on SENS on 14th February 2011 when the group will be updating the market on its business in a presentation in Johannesburg on the same day, and in Cape Town on 15th February 2011. The presentation will be available on the 14th February 2011 for all stakeholders on the group's website, www.groupfive.co.za

13 Oct 2010 13:29:54
(Official Notice)
Shareholders are advised that, at the annual general meeting of Group Five held at the registered office of the company, ordinary resolution number 4 relating to the general authority to issue shares for cash was withdrawn prior to the annual general meeting. All other resolutions were passed by the requisite majority of shareholders present or represented by proxy at the annual general meeting. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office ("CIPRO") in due course.
11 Aug 2010 13:56:50
(Official Notice)
Further to Group Five's audited results for the year ended 30 June 2010, released on SENS on Tuesday, 10 August 2010, the annual report was also posted on Tuesday, 10 August 2010. The annual report contains no modifications to the aforementioned published audited results.



Annual general meeting

The annual general meeting of the members of Group Five will be held at 10h00 on Wednesday, 13 October 2010 at the company's registered office, 371 Rivonia Boulevard, Rivonia, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
11 Aug 2010 11:17:54
(Official Notice)
Further to Group Five's audited results for the year ended 30 June 2010, released on SENS on Tuesday, 10 August 2010, the annual report was also posted on Tuesday, 10 August 2010. The annual report contains no modifications to the aforementioned published audited results.



Annual general meeting

The annual general meeting of the members of Group Five will be held at 09h00 on Wednesday, 13 October 2010 at the company's registered office, 371 Rivonia Boulevard, Rivonia, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
10 Aug 2010 08:37:25
(C)
Revenue down by 6% from R12.1 billion to R11.3 billion in 2010. Operating profit decreased to R564.9 million (2009:R812.9 million). Profit attributable to ordinary shareholders declined to R267.4 million (2009:R514.7 million), while headline earnings per share grew to 614cps (2009: 568cps).



Dividend

The directors have declared a final dividend number 65 of 74 cents per ordinary share (2009: 72 cents) payable to shareholders. Details are:

*Last day to trade (cum-dividend) Thursday, 23 September 2010.

*Shares to commence trading (ex-dividend) Monday, 27 September 2010.

*Record date (date shareholders recorded in books) Friday, 1 October 2010.

*Payment date Monday, 4 October 2010.



Prospects

The group continues to be strategically well positioned in active market sectors, as detailed above. The Construction one-year order book as at 30 June 2010 stands at R7,1 billion (2009: R8,6 billion). The group`s total secured Construction order book stands at R9,2 billion (2009: R11,6 billion). The value of the group's target pipeline as at 30 June 2010 stood at R119 billion, up from R115 billion in February 2010, with activity in all its markets. The South African government's public works programme - specifically in the areas of power generation, transport, water and housing - has the potential to create growth opportunities within the South African construction sector. The African outlook for private sector fixed investment and primary infrastructure has started to improve, but spending is likely to only come through slowly during the 2011 calendar year, with more certainty emerging from 2012.



In the Middle East, the group has moved into new territories outside of Dubai. These markets provide technically attractive opportunities aligned to the group's capabilities in infrastructure contracts related to industrial works, power, transport and water. Group Five continues to grow its expertise and capacity in areas where it has developed a multi-disciplinary delivery capability, namely power, transport and water, mining and large infrastructure works, with a geographic expansionary stance. In the year ahead, growth could well be slow. However, the group's current order book and its pipeline of opportunities support a generally positive outlook.
07 Jul 2010 12:10:53
(Official Notice)
Group Five shareholders are advised that, for the year ended 30th June 2010, market related impairments of the construction materials businesses and pension fund surpluses have affected results. The group expects:

*Fully diluted headline earnings per share ("FDHEPS") to be between 5%-15% higher (533 cents per share to 584 cents per share); and

*Fully diluted earnings per share ("FDEPS") to be between 40%-50% lower (243 cents per share to 292 cents per share) than the FDHEPS of 508 cents per share and the FDEPS of 486 cents per share published for the previous corresponding period.

F2010 FDEPS numbers above have been affected by impairment adjustments relating to the construction materials businesses. The FDHEPS numbers above have been affected by positive adjustments arising from annual pension fund valuations. The group's results will be released on SENS on 10 August 2010 and the annual report will be available on the same date.
04 May 2010 15:05:40
(Official Notice)
Group Five announced the resignation of Mr Z Mtshotshisa as a non-executive director of the company with effect from 3 May 2010.
14 Apr 2010 12:16:40
(Official Notice)
04 Mar 2010 09:17:44
(C)
Revenue decreased from R5.9 billion to R5.7 billion in 2009.Operating profit increased to R409.5 million (2008:R388.6 million). Profit attributable to ordinary shareholders increased to R252.5 million (R235.0 million).Headline earnings on a per share basis increased to 276cps (263cps).



Dividends per share

An interim dividend of 63 cps was declared for the period under review.



Prospects

The group met the challenges of the recession well and came through it leaner and more resilient. The group now has an entrenched ability to deliver on larger infrastructure work that supports all the group's businesses. Group Five therefore continues to be strategically well positioned to benefit from the recovery in active markets, both domestically and internationally. In spite of 12 months of very low levels of domestic contract awards, the total secured construction order book stands at R10.5 billion (August 2009: R11.6 billion). The group has pro-actively repositioned itself for a more balanced distribution of work between public and private sectors and domestic and international.



Opportunities going forward are focused on a more aggressive over-border presence in favour of public infrastructure contracts, private and renewable power and concessions, as well as a recovery in traditional mining, real estate and civil works markets. The group's Project Opportunity Pipeline is the indicator of medium to long term performance. The growth in the POP from R73 billion to R116 billion in the quarter is therefore encouraging and supports the group's longer term outlook of a steady recovery coming through from 2011.



The group is well positioned to weather tough short term conditions and to take advantage of any upturn. Despite the challenging business environment, the group expects earnings for the full year to be at least comparable with those achieved in the prior year with prospects of a recovery from H2 F2011 depending on the timing of targeted local and international contract awards.
18 Jan 2010 09:54:29
(Official Notice)
Group Five announced the resignation of Dr Mandla SV Gantsho as a non-executive director of the company with effect from 14 January 2010.

15 Jan 2010 13:56:25
(Official Notice)
Shareholders are advised that, for the interim period ended 31st December 2009, the group expects:

*Earnings per share and Headline Earnings per share of between 0% to 10% higher than the prior comparative period (EPS: 249 cps to 274 cps and HEPS: 263 cps to 289 cps)

*Fully diluted earnings per share and Fully diluted headline earnings per share of between 5% to 15% higher than the prior comparative period (FDEPS: 229 cps to 251 cps and FDHEPS: 242 cps and 265 cps).

The company's unaudited results for the interim period ended 31 December 2009 will be released on SENS on 4th March 2010,
27 Nov 2009 15:54:34
(Official Notice)
Group Five has noted the recent request by Emirate of Dubai state-owned developer Dubai World and its subsidiary Nakheel, for a temporary suspension of debt repayments. Group Five shareholders are advised that:

*The group does not have any exposure to Dubai World or to its real estate subsidiary Nakheel;

*The group is involved in heavy infrastructure development in the region and thus its client base is excluded from the Dubai debt moratorium communicated in the public domain over the last couple of days; and

*This applies to both the group's active and cancelled contracts.



Shareholders are reminded that the group's Middle East operations include operations in Dubai, Abu Dhabi and Jordan. All active contracts in all regions continue to be executed within contractual terms and payment conditions. With respect to the group's two cancelled contracts the following update is provided:

*Contracts cancelled at the beginning of this calendar year are in the process of being resolved in an orderly manner;

*The sequence of the process involves measurement, final certification and approval of final account of which the bulk of these steps have already been completed, subsequent to the last communication with the market in August 2009;

*Payment, in terms of the payment plan previously agreed with the client, can commence once all claims have been finalised. This has been reconfirmed with the client; and

*The settlement process is being executed in accordance with the timeframe previously communicated to stakeholders in August 2009.

Thus the group does not deem it necessary to amend its claim and debtor recognition adopted in its reported results at June 2009.
14 Oct 2009 13:49:47
(Official Notice)
Shareholders are advised that, at the annual general meeting of Group Five held at the registered office of the company, ordinary resolutions number 1 and 2, relating to the control of the authorised but unissued shares and the general authority to issue shares for cash, respectively, were withdrawn prior to the annual general meeting. All other resolutions were passed by the requisite majority of shareholders present or represented by proxy at the annual general meeting. The special resolution will be submitted for registration at the companies and intellectual property registration office in due course.
12 Aug 2009 09:33:31
(Official Notice)
Further to Group Five's audited results for the year ended 30 June 2009, released on SENS on Tuesday, 11 August 2009, the annual report was also posted on Tuesday, 11 August 2009. The annual report contains no modifications to the aforementioned published audited results.



Annual general meeting

The annual general meeting of the members of Group Five will be held at 09h00 on Wednesday, 14 October 2009 at the company's registered office, 371 Rivonia Boulevard, Rivonia, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
11 Aug 2009 09:25:50
(C)
Revenue increased from R8.9 billion to R12.1 billion in 2009. Operating profit increased to R812.8 million (2008:R747.3 million). Profit attributable to ordinary shareholders increased to R514.7 million (R418.5 million). Headline earnings on a per share basis grew to 568cps (470cps).



Dividends per share

A final dividend of 72cps was declared for the period under review.



Prospects

The group continues to be strategically well positioned in active market sectors, as detailed above. The construction 1 year order book as at 30 June 2009 stands at R8.6 billion (2008: R8.5 billion), and reflects the group's strategic positioning in the public infrastructure cycle, with a mix of 78%:22% in favour of public works. The group's total secured construction order book stands at R11.6 billion (2008: R14.2 billion).



During H2 2009, the national utilities slowed down their rate of order placement, pending project re-prioritisation and fund raising activities. The company expects this situation to ease in H1 2010, but this process has not aided accurate short term forecasting. The group commenced disclosing its target project pipeline at the interim report period. The Pipeline value as at 30 June 2009 stood at R72 billion, up from R56 billion in February 2009, which supports an expectation of order book replacement opportunities in the new financial year. Construction materials, however, has stabilised, but is likely to remain under pressure in the short term.

Management expects the group to achieve further earnings growth in F2010.

Group Five remains well placed to benefit from:

*Long term drivers in the form of stimulus packages and PPPs as well as its exposure to defensive SA public sector infrastructure investment when that takes place

*Its competitive advantage in the African power and mining markets

*Its less cyclical, annuity-based infrastructure concession income and its competitive advantage in tendering for concessions

*Its variety of income streams which provide some margin protection.
16 Jul 2009 14:36:46
(Official Notice)
Group Five shareholders are advised that, for the year ended 30th June 2009, the group expects:

*Fully diluted headline earnings per share ("FDHEPS") to be between 20%-30% higher (478cps to 517cps; and

*Fully diluted earnings per share ("FDEPS") to be between 20%-30% higher (455cps to 493cps)

than the FDHEPS of 398cps and the FDEPS of 379cps published for the previous corresponding period. The group's results will be released on SENS on 11th August 2009 and the annual report will be available on the same date.
18 Jun 2009 14:53:10
(Official Notice)
Shareholders are referred to the Group Five trading update dated 21 January 2009. In terms of such update, shareholders were informed that Group Five's management was actively working with its BEE and enterprise development counterparties, "iLima" to provide guidance in support of their refinancing initiatives. In spite of significant efforts by iLima, Group Five and other interested parties, exacerbated by the current adverse financial market conditions, these refinancing initiatives have failed. In addition, iLima has not fulfilled certain conditions and/or breached certain terms to which the original Group Five BEE transaction was subject. As a consequence, the Group Five BEE transaction, in so far as it relates to iLima, will unwind. This will result in the return of the Group Five's shares held by iLima to Group Five. Group Five's direct and indirect exposure to iLima remains R172 million. From an accounting perspective the exposure will ultimately be recouped against the value of the shares held by iLima to be returned to Group Five and therefore there will be no financial effect on the current and prior year earnings of Group Five. There will also be no material effect on the basic weighted average number of shares in issue. However, based on the reported results of December 2008 the fully diluted weighted average number of shares in issue would reduce by approximately 5.2 million shares. The unwinding of the iLima Group Five BEE transaction will not impact on Group Five's other BEE transactions involving Mvelaphanda Group Ltd or the Group Five BEE management and staff schemes. As a result of Group Five's focus on the continuous improvement of its BBBEE scorecard and transformation, Group Five's DTI and Construction BBBEE scorecard overall rating remains unchanged.
18 Jun 2009 10:03:15
(Official Notice)
Group Five hereby announces the resignation of Mr Vusi Mavimbela as a non-executive director of the company with effect from 17 June 2009. Mr Mavimbela represented Mvelaphanda Group Ltd ("Mvelaphanda") on the board of Group Five and owing to his departure from Mvelaphanda, he has resigned from all his board positions.



The board also announced the appointment of Mr Zolani Mtshotshisa to the group board as a non-executive director with effect from 18 June 2009. Mr Mtshotshisa holds the position of group executive (Corporate and Public Affairs) at Mvelaphanda, serves on a number of Mvelaphanda subsidiary boards, and is the chairman of Total Facility Management Company. Mr Mtshotshisa holds a Masters Degree in Mass Communication from the Karl Marx University in Leipzig, Germany and an MSc Degree in International Relations from the University of Zimbabwe. Additionally, he holds a Post Graduate Diploma in HR Management (RAU) and an International Diploma in Journalism obtained in Budapest, Hungary.
23 Mar 2009 08:37:40
(Media Comment)
Business Report quoted Group Five CE, Mike Upton, as saying that the company might consider looking for opportunities in Brazil, the host of the 2014 Fifa World Cup. Upton said it might be possible to enter Brazil with the right partnerships.
17 Feb 2009 09:15:51
(Media Comment)
Group Five replaced the entire R4 billion write-down in its order book, which arose from the suspension or cancellation of contracts in Dubai, with contracts in South Africa and indicated that R1.8 billion in new contracts awarded to the group are imminent. Mike Upton, Group Five's chief executive, said that the group again had a full order book of R13 billion. Upton said Group Five was therefore well placed to achieve another year of solid earnings to June.
16 Feb 2009 09:09:01
(C)
Revenue increased by 33% from R4,5 billion to R6,0 billion in 2008. Operating profit before fair value adjustments increased by 35% from R280 million to R377 million in 2008. Profit before tax grew by 46% from R245 million to R357 million in 2008.The group delivered strong results in the period under review and announced a 38% increase in EPS from 181 cps to 249 cps. A 51% increase in HEPS from 174 cps to 263 cps.



Dividend Declaration

The directors have declared an interim dividend of 58 cents per ordinary share (2007: 45 cents) payable to shareholders for the period under review.



Prospects

The group continues to be strategically well positioned in active market sectors such as those detailed above. This, together with the continued public infrastructure spend, will buffer the group to a large extent against the turmoil in global economies and markets and the Middle East developments. Further strong contributions are expected from manufacturing and investments and concessions earnings for the year to 30 June 2009, although construction materials is likely to remain under pressure. The group has substantially replaced the orders cancelled in Dubai with South African public works, resulting in a secured construction order book of R13,0 billion as at 16th February 2009 with further awards imminent. The group is therefore well placed to achieve another year of solid earnings growth to June 2009. Further earnings growth over the next 2-3 years and beyond is achievable, although the volatility of the current global economic markets and the potential impacts thereof remain difficult to forecast.
22 Jan 2009 08:59:32
(Media Comment)
Two of South Africa's top listed construction groups, Murray - Roberts Holdings Ltd and Group Five Ltd, have been hit by the termination, cancellation and suspension of projects in the Middle East because of the worsening business environment caused by the global financial crisis. Group Five Ltd reported the termination of one contract and the suspension of another by Dubai government authorities. The value to Group Five Ltd of work still to be done on the two unspecified contracts is almost R4 billion. The group said it would be fully compensated for the costs it incurred in the two contracts with a reasonable margin.It's other contracts in Dubai, Jordan and Abu Dhabi, valued at R563 million, are unaffected. Despite these developments and tougher market conditions, Group Five Ltd said it expected to achieve strong growth in earnings for the year to June. Quentin Ivan, an analyst at Coronation Fund Managers, said the visibility of work from the region had deteriorated and the outlook for future work continued to be very murky.
21 Jan 2009 09:54:46
(Official Notice)
Shareholders are advised that, for the interim period ended 31st December 2008, the group expects:

* Earnings per share of between 30% to 40% higher than the prior comparative period (235 cents per share to 253 cents per share)

* Headline earnings per share of between 45% to 55% higher than the prior comparative period (252 cents per share to 269 cents per share).

These results have been achieved against challenging market conditions and indicates the resilience of the group's strategy and its strong positioning in key growth markets. The financial statements for the interim period ended 31 December 2008 have not been reviewed or reported on by the company's auditors. The company's unaudited results for the interim period ended 31 December 2008 will be released on SENS on 16th February 2009. Group continues to be strategically well positioned in active market sectors and expects to achieve a strong improvement in earnings for the year to 30 June 2009 compared to the prior corresponding period.
08 Dec 2008 16:05:50
(Official Notice)
Ms Nonqaba Katamzi has been appointed as group company secretary of Group Five with effect from 5 January 2009. In view of the above, Guy Mottram will continue acting as group company secretary of Group Five until this date.
27 Nov 2008 16:33:37
(Official Notice)
Group Five is an invited speaker at the CSSS Infrastructure conference being held on 26 November 2008 and, in order to ensure equal dissemination of information to all shareholders, the group wishes to advise that a copy of the presentation delivered at this infrastructure conference can be perused under the Investor Relations section of the Group Five website. The presentation includes detail on current market conditions as well as the group's longer term outlook. The presentation confirms that Group Five has not revised its revenue and margin expectations. Shareholders are thus referred to the "prospects" section of the audited group results announcement released on SENS on 8 August 2008, which prospects remain unchanged. Shareholders are therefore advised that Group Five still expects to achieve strong earnings growth for the 2009 financial year.
24 Oct 2008 08:25:36
(Media Comment)
Business Day reported that uncertainty about the electricity infrastructure has prompted Group Five to redirect resources into new, lucrative markets and way from the local private sector commercial and retail building market. Group Five CEO Mike Upton said that the medium-term outlook for investment in commercial and retail building was of concern because of higher rates and uncertainty regarding electricity infrastructure.
23 Oct 2008 16:01:19
(Official Notice)
Dr John Leonard Job and Ms Lindiwe Bakoro have been appointed as non-executive directors to the board of directors of Group Five with effect from 1 November 2008.
15 Oct 2008 11:45:13
(Official Notice)
Shareholders are advised that, at the annual general meeting of Group Five, ordinary resolutions number one and two, relating to the control of the authorised but unissued shares and the general authority to issue shares for cash, respectively, were withdrawn prior to the annual general meeting. All other resolutions were passed by the requisite majority of shareholders present or represented by proxy at the annual general meeting. The special resolution will be submitted for registration at the Registrar of Companies in due course.
12 Aug 2008 09:48:52
(Official Notice)
Further to Group Five's audited results for the year ended 30 June 2008, published on SENS on 11 August 2008, the annual report was posted on 11 August 2008. No changes to the results are noted except for the following, headline earnings per share from continuing operations and fully diluted HEPS from continuing operations for the year ended 30 June 2008 were disclosed as R5.00 and R4.23 per share respectively in the results. Subsequent to this, it has been noted that headline earnings per share from continuing operations and fully diluted headline earnings per share from continuing operations for the year ended 30 June 2008 should have been disclosed as R4.70 and R3.98 respectively.



The annual general meeting of the members of Group Five will be held at 09:00 on Wednesday, 15 October 2008 at the company's registered office, 371 Rivonia Boulevard, Rivonia, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
11 Aug 2008 08:21:54
(C)
Revenue rose by 16% to R8.9 billion (R7.7 billion) for the twelve months ended 30 June 2008. As a result, operating profit increased by 80% to R747.3 million (R415.2 million). Net profit for the year attributable to ordinary shareholders was up by more than 70% to R418.5 million (R234.9 million). Headline earnings on a per share basis grew to 470cps (283cps).



Dividend

Final ordinary dividend number 61 of 60cps has been declared.



Prospects

The construction market, particularly in South Africa, is strong and likely to remain so for at least the foreseeable future in the key sectors in which Group Five has strategically positioned itself. The line of sight of opportunities in the record order book provide the group with the scope to choose higher- margin contracts, improve cash flow management, reduce risk exposure on new contracts and maximise its allocation of resources. The group's primary international focus for F2009 will be around the buoyant African resources and power markets, as well as continued growth in the Middle East and Eastern Europe.



In South Africa, the group will continue to service its private sector customer base and has also committed resources to the nation's infrastructure building programme, with specific attention to housing, infrastructure PPP's, ACSA, Eskom, Transnet, Sanral, DWAF and their technology partners. With respect to the baseload power contracts, the group is bidding for various work packages directly to Eskom and as a civil engineering, electrical and mechanical construction partner to the main generating equipment suppliers. This applies to both the coal-fired and nuclear programmes. Separately, the group sees potential in the secondary power market and is already contracting in partnership with equipment suppliers for engineering turnkey and alliancing construction projects for mainly gas or liquid-fired power plants.



The group has a clear strategy and has a balanced portfolio of business diversification aligned to the markets Group Five serves. Given the above, the group is expected to achieve further strong earnings growth in F2009.
31 Jul 2008 10:20:11
(Official Notice)
Nosisa Kekana has resigned as group company secretary with effect from 31 July 2008. Guy Mottram, the current group risk officer of the company, will be appointed as acting group company secretary of Group Five with effect from 1 August 2008.
11 Jul 2008 11:32:59
(Official Notice)
Group Five shareholders are advised that, for the year ended 30 June 2008, the group expects:

* Fully diluted headline earnings per share to be between 60%-70% higher (373cps to 396cps); and

*Fully diluted earnings per share (EPS) to be between 50%-60% higher (360cps to 384cps), than those published for the previous corresponding period.

Note that the fully diluted HEPS numbers above include earnings resulting from a sizeable fair value adjustment on service concessions (mainly on the realisation of a tollroad concession in the second half of the financial year) as well as normal pension fund surpluses. For comparative purposes, should all service concession fair value adjustments and pension fund surpluses be excluded for the year ended 30th June 2008 and for the prior comparable reporting period to 30 June 2007, fully diluted HEPS are expected to be between 55%-65% higher. The group's results will be released on SENS on or about 11 August 2008 and the annual report will be available on the same date.
27 May 2008 09:56:24
(Official Notice)
The board of Group Five is pleased to announce the appointment of Cristina Teixeira as an Executive Director to the board of Group Five, effective 1 June 2008.
21 May 2008 15:13:54
(Official Notice)
Group Five announced the appointment of Cristina Teixeira as chief financial officer, effective 1 June 2008.
10 Apr 2008 15:07:29
(Official Notice)
Group Five announced the appointment of Willie Zeelie, managing director of Group Five Energy, to the group's executive committee.
07 Apr 2008 08:20:10
(Official Notice)
Group Five is today, Monday the 7 April 2008, hosting an investor day including a series of divisional discussions with the members of EXCO. In order to ensure equal dissemination of information to all shareholders, the group wishes to advise that the presentations are available on the Group Five website, www.g5.co.za (refer to the Investor Relations page).
18 Feb 2008 08:56:59
(C)
The group delivered strong results in the period under review and announced a 103% increase in operating profits and an 80% increase in headline earnings. This translates into a 45% increase in fully diluted headline earnings per share and a 50% increase in earnings per share. The group also announced that R360 million in cash was generated in the six months under review. Revenue increased by 12.2% from R4 billion to R4.5 billion and operating profit increased by 103.3% from R137.5 million to R279.6 million. This resulted in the overall operating margin percentage improving from 3.4% to 6.2%, demonstrating delivery on the stated strategy of focusing on margin improvement and increased real returns rather than turnover growth.



Dividend Declaration

The directors have declared an interim dividend of 45 cents per ordinary share (2006: 30 cents) payable to shareholders for the period under review.



Prospects

The recent power outages have not materially affected Group Five?s construction operations, as measures had already been put in place to address such an occurrence. Short term risks to performance are primarily related to the effect on suppliers and the group?s Manufacturing operations, should the number of power outages worsen. The group continues to receive a number of attractive opportunities in local fixed investment spending. Mining, power and oil and gas activity in Africa also continues to offer high growth potential. The group has been increasingly successful in securing and executing larger contracts that extend beyond one financial year and reported that the total secured construction order book as at 31 December 2007 is R14.1 billion (60% local) and the secured one year order book for F2008 is R7.0 billion ( 62% local) (2006: R6.5 billion; 49% local). Management is satisfied that the group has access to sufficient resources to successfully execute the higher levels of activity ahead. The group is therefore well placed to achieve another year of solid earnings growth, while delivering improving value to its shareholders.
15 Feb 2008 10:13:46
(Official Notice)
Group Five wishes to alert investors that the group?s unaudited interim results for the six months ended 31 December 2007 will be released on SENS at 08h00 on Monday, 18 February 2008.
13 Dec 2007 16:57:49
(Official Notice)
Group Five shareholders are advised that fully diluted earnings per share and fully diluted headline earnings per share for the interim period ended 31 December 2007 are expected to be between 40% and 50% higher than the 100.3 cents published for the previous corresponding period.
25 Jul 2006 09:57:33
(Media Comment)
Commenting on deriving a third of the group's revenue from outside South Africa, Paul O'Flaherty, chief financial officer of Group Five told Business Day on 24 July 06, "We have seen an increase in tenders in SA but we will continue to get a third of our construction work from outside SA,".
24 Jul 2006 09:15:01
(Official Notice)
Group Five shareholders are advised that headline earnings per share for the year ended 30 June 2006 are expected to be 25% to 40% higher than those published for the previous corresponding period (as restated for the adoption of International Financial Reporting Standards). This is mainly due to improved operating performances from Construction, Everite and Property Development Services.
11 Jul 2006 08:31:20
(Official Notice)
Further to the cautionary announcements released on 27 February 2006, 6 April 2006 and 29 May 2006 by Group Five and the cautionary announcements released on 8 May 2006, 16 May 2006 and 26 June 2006 by Dawn, the boards of directors of the companies announced the conclusion of agreements in terms of which Group Five will dispose of its interests in DPI Holdings (Pty) Ltd and the business of Vaal Sanitaryware to Dawn, subject to suspensive conditions.



Withdrawal of Group Five cautionary

As the transaction has been announced and it is not a categorised transaction, Group Five shareholders are no longer required to exercise caution when trading in Group Five shares.
08 Jun 2006 12:27:34
(Official Notice)
30 May 2006 09:45:31
(Media Comment)
Group Five has avoided paying a R54 million penalty after the court dismissed a claim by Legacy Group for the late completion of the Michelangelo building in Sandton.
29 May 2006 10:46:44
(Official Notice)
Shareholders are referred to the cautionary announcements dated 23 February 2006 and 6 April 2006 and are advised that the company is still involved in discussions which may have a material effect on its shares. Accordingly, shareholders are advised to continue to exercise caution until a further announcement has been made.
06 Apr 2006 09:30:38
(Official Notice)
Shareholders are referred to the cautionary announcement dated 23 February 2006 and are advised that the company is still involved in discussions which may have a material effect on the company's shares. Shareholders are advised to continue to exercise caution until a further announcement has been made.
07 Mar 2006 10:31:37
(Official Notice)
Group Five Middle East, in consortium with its sponsor Al Naboodah, has been awarded two further contracts in Dubai with a combined value of AED1.07 billion (R1.7 billion). The value to Group Five is R572-million. This brings the total value of contracts awarded to Group Five since opening its offices in 2004 to almost R2 billion. The group is currently working on the central utilities complex and the mega cargo terminal at Dubai International Airport. The two new contracts are for a duty free warehouse at the airport valued at AED70 million (R115 million) and an airfield and infrastructure at the new Jebel Ali Airport City about 40km from Dubai International. The value of Group Five's portion of this contract is R510 million.
23 Feb 2006 15:47:15
(Official Notice)
The company has entered into preliminary discussions around the possible disposal of its interests in DPI Holdings (Pty) Ltd and Vaal Sanitaryware (Pty) Ltd. Shareholders are advised to exercise caution when trading in the company's shares until a further announcement has been made.
20 Feb 2006 11:18:03
(Official Notice)
Group Five announced the appointment of Mr Vusi Mavimbela as a non- executive director of Group Five with effect from 20 February 06. This appointment follows the finalisation of the black economic empowerment transaction by Group Five.
16 Feb 2006 09:31:06
(C)
16 Jan 2006 13:15:10
(Official Notice)
On 16 January 2006 Group Five appointed Nosisa Bomkazi Kekana as the new company secretary of the group.
15 Dec 2005 16:37:35
(Official Notice)
Group Five shareholders are advised that headline earnings per share and earnings per share for the six months ended 31 December 2005 are expected to exceed those published for the previous corresponding period (as adjusted for the adoption of International Financial Reporting Standards ("IFRS")). The impact of IFRS on previously reported HEPS and EPS adjust downwards, is less than 5%.



After the strong base created in the second half of the financial year 2005 and on the back of continued strong growth in a buoyant construction market, earnings growth is expected for the six months to 31 December 2005. HEPS is expected to increase by between 30%-40% and EPS between 15%-25% for the six months to 31 December 2005 when compared to the six months to 31 December 2004. These forecasts for the six months to December 2005 have not been reviewed or reported on by the company's auditors. The company's results for the six months ended 31 December 2005 are expected to be published on or about 15 February 2006.
13 Dec 2005 10:49:14
(Official Notice)
Andrea Isolde Townsend, the Group Company Secretary, has resigned from Group Five with effect from 31 December 2005.
29 Sep 2005 16:28:29
(Official Notice)
Shareholders are advised that, at the annual general meeting of Group Five held at the registered office of the company today, all the resolutions were passed by the requisite majority of shareholders. Shareholders are informed that the ordinary resolutions relating to placing the unissued shares under the control of the directors and the general authority to issue shares for cash were withdrawn prior to the commencement of the annual general meeting. The special resolution will be submitted for registration at the Registrar of Companies in due course.



Shareholders are advised that, at the general meeting of Group Five held at the registered office of the company today, the ordinary and special resolutions relating to the introduction of direct black ownership into the company, were unanimously passed by Group Five"s shareholders.
15 Sep 2005 15:27:52
(Media Comment)
Empowerdex have given Group Five a score in excess of 80% for its BEE deal with the two broadbased empowerment groups iLima and Mvelaphanda Group.



07 Sep 2005 08:30:38
(Official Notice)
Shareholders are referred to the announcement dated 8 August 2005, which set out the terms of the company`s Black Economic Empowerment ownership initiative. The implementation of the BEE transaction is subject to shareholder approval at a general meeting of the shareholders of Group Five, which will be held immediately after the close of the Annual General Meeting of Group Five shareholders on 29 September 2005. Due to recent developments in the regulatory environment, and best practice in local and global share schemes, Group Five has reviewed the current Group Five Share Incentive Scheme and identified the need for it to be replaced with a more efficient scheme. The proposed New Management Incentive Scheme has the advantages of simpler mechanics, it optimises the tax position of the company and the employees and is easier to administer. The current Group Five Share Incentive Scheme, which operates as an option scheme, will remain in place for options currently granted under this scheme, until such time as these options are exercised or lapse. The sizing of the aggregate incentive schemes and their salient features remains unchanged.

18 Aug 2005 16:30:52
(Official Notice)
The annual general meeting of the members of Group Five will be held at 12h00 on Thursday, 29 September 2005 at the company`s registered office, 371 Rivonia Boulevard, Rivonia.
10 Aug 2005 08:54:35
(Official Notice)
10 Aug 2005 08:44:40
(C)
Revenue increased during the year by 16.2% to R4 939m (R4 252m) and operating profit increased by 10.4% to R197.7m from R179.1m. Earnings per share improved by 11.4% to 190c from 171c and headline earnings by 12.2% to 152c from 135c. Continued efforts in leveraging working capital effected a R102.9m generation of cash (R56.4m). This resulted in a decrease in finance costs of 7.9% to R31.4m (R34.1m). The final dividend has been increased by 10.3% to 32cps (29cps). Total dividends for the year increased by 11.4% to 49cps (44cps), which is in line with the current policy of four times covered.



Prospects

Prospects for 2006 are encouraging and double-digit earnings growth is expected. The group starts the year with a record construction order book of over R4bn (R3bn) of which 53% is over border and at better average margins than the local work. As the Indian and Hungarian toll road concessions have moved from the construction to the operations and maintenance phase and the traffic risk is minimised, further fair value adjustments are expected. The Polish concession has not commenced the construction phase as yet and, therefore, fair value adjustments are limited in the medium-term.

21 Jul 2005 12:09:56
(Official Notice)
Shareholders are referred to the cautionary announcements dated 15 February 2005, 30 March 2005 and 16 May 2005, in which it was announced that the company had commenced its BEE ownership initiatives and was currently engaged in discussions with various parties in this regard. Shareholders are advised that the company is still involved in the aforementioned discussions and accordingly are advised to continue to exercise caution when trading in the company`s shares until a further announcement has been made.
07 Jun 2005 10:49:13
(Media Comment)
Group Five, together with Al Naboodah Contracting Company, was awarded a R940m project by the Dubai Civil Aviation.
19-Aug-2015
(X)
Group Five Ltd. is an investment holding company with interests in the building, infrastructural and engineering sectors. The group operates in South Africa, rest of Africa, and Eastern Europe.


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