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31-Jul-2018
(Official Notice)
Shareholders are advised that HCI?s integrated annual report, incorporating the summarised audited results for the year ended 31 March 2018, will be posted to shareholders on Tuesday 31st July 2018. The audited annual financial statements contain the following modification to the reviewed provisional consolidated results for the year ended 31 March 2018 released on SENS on Wednesday, 23 May 2018:



Deferred income amounting to R18.6 million has been reclassified from trade and other payables to other current liabilities with the effect that trade and other payables have decreased from R3 036.2 million to R3 017.6 million and other current liabilities have increased from R198.0 million to R216.6 million. The reclassification has no impact on total current liabilities, equity or profit and loss Grant Thornton Johannesburg Partnership audited the results and the annual financial statements of HCI and their unqualified report are available for inspection at the registered offices of the Company.



Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2018 is available on the Company?s website (www.hci.co.za) on Friday 27th July 2018. The annual report contains a notice of Annual General Meeting for HCI shareholders, which will be held at the registered offices of the company, Suite 801#, 76 Regent Road, Sea Point 8005 on 22 October 2018 at 12:00.
10-Jul-2018
(Official Notice)
Further to the detailed cautionary announcement issued on 3 March 2018 and the various renewal of cautionary announcements, the last of which was dated 1 June 2018, the board of directors of HCI is pleased to announce that Tsogo has entered into a sale of shares and subscription agreement with HPF, whereby Tsogo will dispose of a portfolio of seven mixed-use casino precinct properties to HPF for an aggregate purchase consideration of R23 billion (the ?Disposal?).



In terms of the JSE Listings Requirements, the Disposal is classified as a Category 2 transaction for HCI, as Tsogo is a subsidiary of the Company. Accordingly, the Disposal does not require approval by HCI shareholders. Shareholders should note the content of the Tsogo announcement issued 9 July 2018 (the ?announcement?) for the JSE Listings Requirements Category 2 disclosure.



On the basis of the above and the contents of the announcement, caution is no longer required to be exercised when dealing in the Company?s shares.
29-Jun-2018
(Official Notice)
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Ltd. Listings Requirements, notice is hereby given that the Company?s annual compliance report, for the financial year ended 28 February 2018, has been submitted to the Broad-Based Black Economic Empowerment Commission in terms of section 13G(2) of the Act and is available on the Company?s website (www.hci.co.za).
01-Jun-2018
(Official Notice)
Shareholders are referred to the cautionary announcements dated 2 March and 18 April 2018 and are advised that as the Agreement has not yet been concluded, shareholders should continue to exercise caution when dealing in the Company?s shares until a further announcement is made.

23-May-2018
(C)
Revenue for the year was higher at R15.0 billion (R14.3 billion) whilst operating profit lowered to R4.9 billion (R5.2 billion). Profit attributable to equity holders dropped to R939.7 million (R1.2 billion). Furthermore, headline earnings per share from continuing operations improved to 1 388.88 cents per share (1357.29 cents per share).



Dividend

The directors of HCI have resolved to declare a final ordinary dividend number 57 of 190 cents (gross) per HCI share for the year ended 31 March 2018 from income reserves.
18-Apr-2018
(Official Notice)
Shareholders are referred to the cautionary announcement dated 2 March 2018 and are advised that as the Agreement has not yet been concluded, shareholders should continue to exercise caution when dealing in the Company?s shares until a further announcement is made.
02-Mar-2018
(Official Notice)
Shareholders are advised that the boards of directors of Tsogo and HPF have agreed, in principle, to the acquisition by HPF of certain of the casino precinct properties ("Properties") currently owned by Tsogo, in consideration for the issue by HPF of new shares in HPF ("Proposed Transaction"). The Properties will be let to an indirect wholly-owned subsidiary of Tsogo in terms of a head lease.



Tsogo intends thereafter to distribute its entire shareholding in HPF to Tsogo's shareholders, including HCI, by way of an unbundling transaction in terms of Section 46 of the Income Tax Act ("Unbundling"). Immediately following the unbundling HCI will hold c.44% of the issued share capital of HPF, net of treasury shares.



The proposed transaction and the unbundling are subject to a number of conditions precedent and regulatory approvals, including the conclusion of an agreement of which the terms are acceptable to Tsogo and HPF (?Agreement?) and a due diligence by HPF.



Further details and cautionary

Shareholders are referred to the detailed SENS announcements by Tsogo and HPF for further information on the terms of the Proposed Transaction. The full details of the Proposed Transaction and Unbundling will be provided to Shareholders once the Agreement has been concluded. Accordingly, shareholders should exercise caution when dealing in the Company?s shares until a further announcement is made.
22-Nov-2017
(C)
Revenue for the interim period increased to R7.196 billion (2016: R6.813 billion). EBITDA was recorded at R2.845 billion (2016: R2.821 billion) whilst operating profit came to R2.133 billion (2016: R2.113 billion). Profit attributable to equity holders of the parent rose to R584.7 million (2016: R376.6 million). In addition, headline earnings per share from continuing operations rose to 665.93 cents per share (2016: 547.27 cents per share).



Dividend to shareholders

The directors of HCI have resolved to declare an interim ordinary dividend number 56 of 50 cents (gross) per HCI share for the six months ended 30 September 2017 from income reserves.



16-Nov-2017
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the six months ended 30 September 2017, the Company will report basic earnings per share of between 640.6 cents and 678.1 cents, being an increase of between 71.0% and 81.0% as compared to basic earnings per share of 374.6 cents for the prior comparative period, and headline earnings per share of between 589.0 cents and 646.2 cents, being an increase of between 3.0% and 13.0% as compared to headline earnings per share of 571.8 cents for the prior comparative period.



The increase in basic earnings per share is mainly as a result of consolidated losses on disposal of certain subsidiaries and the impairment of assets in anticipation of disposal of a subsidiary operation recognised during the prior comparative period which did not recur in the current period.



The above information has not been reviewed or reported on by the Company`s auditors. The Company`s results are expected to be published on or about 22 November 2017.
01-Nov-2017
(Official Notice)
HCI ordinary shareholders are advised that at the Annual General Meeting (?AGM?) of HCI held on Tuesday 1st November 2017, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of HCI shareholders.
01-Nov-2017
(Official Notice)
HCI ordinary shareholders are advised that at the Annual General Meeting (?AGM?) of HCI held on Tuesday 1st November 2017, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of HCI Shareholders. Ordinary resolution number 5 was withdrawn prior to the meeting.
29-Sep-2017
(Official Notice)
Shareholders are advised that HCI?s integrated annual report, incorporating the summarised audited results for the year ended 31 March 2017, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 24 May 2017. Grant Thornton Johannesburg Partnership audited the results and the annual financial statements of HCI and their unqualified report are available for inspection at the registered offices of the company.



Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2017 is available on the company?s website (www.hci.co.za).



The annual report contains a notice of Annual General Meeting for HCI shareholders, which will be held at the registered offices of the company, 5th Floor, 4 Stirling Street, Zonnebloem 7925 on 1 November 2017 at 12:00. Shareholders should note the voting record date is Friday 20 October 2017 and last date to trade is Tuesday 17 October 2017.
29-Sep-2017
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service of the JSE (?SENS?) by HCI on 14 March 2017 and 27 June 2017 in respect of the proposed consolidation of HCI?s gaming interests under Tsogo Sun Holdings Ltd. (?Tsogo?, the ?Proposed Transaction?).



Shareholders are advised that HCI, Tsogo and Niveus Investments Ltd. (?Niveus?) have concluded certain amendments to the agreement which records the terms of the Proposed Transaction. Shareholders are referred to the detailed SENS announcements by Niveus and Tsogo for further information.



Categorisation

This is a voluntary announcement as the size of the transaction is below the threshold of a category 2 transaction in terms of the JSE Listings Requirements.
14-Sep-2017
(Official Notice)
27-Jun-2017
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE (?SENS?) by HCI on 14 March 2017 in respect of the proposed consolidation of HCI?s gaming interests under Tsogo Sun Holdings Ltd (?Tsogo?), the (?Proposed Transaction?).



Shareholders are advised that HCI, Tsogo and Niveus Investments Ltd (?Niveus?) have concluded an agreement which records the terms of the Proposed Transaction which is subject to the fulfilment (or waiver by the parties to the extent legally posisble) of a number of conditions precedent.



Shareholders are referred to the detailed SENS announcements by Niveus and Tsogo for further information.

31-May-2017
(Official Notice)
HCI ordinary shareholders (?HCI Shareholders?) are advised that at the general meeting held on Wednesday, 31 May 2017 (?General Meeting?) all the resolutions, as proposed in the notice of General Meeting were approved, without modification, by the requisite majority of HCI Shareholders.



Further conditions precedent

The repurchase transaction remains subject to various conditions precedent as set out in the circular to HCI Shareholders dated 2 May 2017. A further announcement will be released once all of the conditions precedent have been fulfilled or waived.
24-May-2017
(C)
Revenue for the year grew to R14.8 billion (R13.0 billion). EBITDA was 14.5% higher at R6.6 billion (R5.7 billion). Operating profit rose to R5.2 billion (R4.4 billion). Profit attributable to equity holders came in at R1.2 billion (R1.0 billion). In addition, headline earnings per share from continuing operations jumped to 1 331.77 cents per share (940.92 cents per share).



Dividend

The directors of HCI have resolved to declare a final ordinary dividend number 55 of 170 cents (gross) per HCI share for the year ended 31 March 2017 from income reserves.
18-May-2017
(Official Notice)
Shareholders were advised that a reasonable degree of certainty exists that for the year ended 31 March 2017, the Company will report basic earnings per share of between 1 262.1 cents and 1 362.3 cents, being an increase of between 26.0% and 36.0% as compared to basic earnings per share of 1 001.7 cents for the prior year, and headline earnings per share of between 1 333.6 cents and 1 433.9 cents, being an increase of between 33.0% and 43.0% as compared to headline earnings per share of 1 002.7 cents for the prior year.



The Company`s results are expected to be published on or about 24 May 2017.
02-May-2017
(Official Notice)
04-Apr-2017
(Official Notice)
HCI has concluded an agreement (?Buy-back Agreement?) with the trustees for the time being of The HCI Foundation (?HCI Foundation?) in terms of which HCI will acquire 2 688 000 HCI shares (?HCI Shares?) from the HCI Foundation (?Buy-back Shares?) (HCI and the HCI Foundation together, ?the Parties?), subject to the terms and conditions referred to below, at a price of R140.00 per HCI Share (the ?Buy-back Price?) (the ?Buy-back Transaction?).



Further announcements

A circular, including a notice of general meeting, detailing the terms of the Buy-back Transaction and actions required by shareholders will be posted to shareholders on or about 2 May 2017. It is expected that the general meeting will be held on or about 31 May 2017.
23-Mar-2017
(Official Notice)
HCI shareholders are advised that the following change has been made to the composition of the HCI Board of Directors:

* Ms Ngiphiwe (Mapi) Mhlangu has been appointed as a non-executive director of HCI with immediate effect.
16-Mar-2017
(Official Notice)
HCI would like to advise the shareholders that the FTSE has reclassified the Company from the Equity Investments Instruments subsector to the Speciality Finance subsector in the FTSE quarterly reclassification process. The reclassification will be effective 20 March 2017.
14-Mar-2017
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE (?SENS?) by HCI on 14 December 2016 (?Initial Announcement?), in which HCI announced its intention to consolidate its gaming interests under Tsogo Sun Holdings Ltd. (?Tsogo?).



The consolidation of HCI?s gaming interests consisted of the sale by Niveus Investments Ltd. (?Niveus?) of all its interests in Vukani Gaming Corporation (Pty) Ltd. (?Vukani?) and Galaxy Gaming and Entertainment (Pty) Ltd. (?Galaxy?) and all their associated entities, trusts and businesses (collectively ?Gameco?) to Tsogo (?Discontinued Transaction?).



Shareholders are hereby advised that Niveus and Tsogo have agreed that the Discontinued Transaction will no longer be implemented in the manner set out in the Initial Announcement. Niveus has elected to rather distribute its interest in the Gameco to its shareholders, pro rata to their shareholding in Niveus (?Unbundling?).



Shareholders are also advised that HCI and Tsogo have reached an in principle agreement, subject to conditions, regarding the terms upon which Tsogo will acquire HCI?s entire interest in Gameco post the Unbundling (?Tsogo Transaction?). The Tsogo Transaction is a related party transaction for Tsogo and is subject to a number of conditions precedent and regulatory approvals, including a due diligence by Tsogo and a fair and reasonable report.



Shareholders are referred to the detailed SENS announcements by Niveus and Tsogo for further information.
23-Nov-2016
(C)
Revenue for the interim period rose to R7.0 billion (R6.1 billion). EBITDA was 5.8% higher at R2.8 billion (R2.7 billion). Operating profit grew to R2.1 billion (R2.0 billion). Profit attributable to equity holders lowered to R376.6 million (R506.7 million). In addition, headline earnings per share from continuing operations increased to 540.07 cents per share (465.17 cents per share).



Dividend

The directors of HCI have resolved to declare an interim ordinary dividend number 54 of 45 cents (gross) per HCI share for the six months ended 30 September 2016 from income reserves.
21-Nov-2016
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that for the six months ended 30 September 2016, the Company will report basic earnings per share of between 350.2 cents and 398.9 cents, being a decrease of between 28.0% and 18.0% as compared to basic earnings per share of 486.4 cents for the prior comparative period, and headline earnings per share of between 596.0 cents and 547.8 cents, being an increase of between 23.5% and 13.5% as compared to headline earnings per share of 482.6 cents for the prior comparative period.



The decrease in basic earnings per share is mainly as a result of consolidated losses on disposal of certain subsidiaries during the period and the impairment of assets in anticipation of disposal subsequent to reporting date. The Company`s results are expected to be published on or about 23 November 2016.
01-Nov-2016
(Official Notice)
HCI ordinary shareholders are advised that at the Annual General Meeting (?AGM?) of HCI held on Tuesday 1st November 2016, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of HCI Shareholders. Ordinary resolution number 5 was withdrawn prior to the meeting,



17-Oct-2016
(Official Notice)
Shareholders are reminded that the annual general meeting of the company will be held at the registered offices of the company, 5th Floor, 4 Stirling Street, Zonnebloem 7925 on 1 November 2016 at 12:00.



Proxy forms are required to be submitted to Computershare by Monday 31st October 2016.







28-Sep-2016
(Official Notice)
Shareholders are advised that HCI?s integrated annual report, incorporating the summarised audited results for the year ended 31 March 2016, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 23 May 2016. Grant Thornton Johannesburg Partnership audited the results and the annual financial statements of HCI and their unqualified report are available for inspection at the registered offices of the Company.



Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2016 is available on the Company?s website (www.hci.co.za). The annual report contains a notice of Annual General Meeting for HCI shareholders, which will be held at the registered offices of the company, 5th Floor, 4 Stirling Street, Zonnebloem 7925 on 1 November 2016 at 12:00.
30-Aug-2016
(Official Notice)
HCI shareholders are advised that the following change has been made to the composition of the HCI board of directors:

Mr Mahomed Gani has been appointed as an independent non-executive director of HCI with immediate effect. Mr Gani will be a member and chair the audit committee.





15-Aug-2016
(Official Notice)
Shareholders of HCI ("HCI Shareholders") are referred to the announcement released by HCI on SENS on Thursday, 28 April 2016 (?Announcement?) in relation to:

- the agreements concluded by HCI with entities related and/or associated to certain directors of HCI and its subsidiary companies, and the Southern African Clothing and Textile Workers? Union (?SACTWU?) in terms of which HCI (and, in relation to the shares held by SACTWU, HCI?s wholly-owned subsidiary, Squirewood Investments 64 (Pty) Ltd.) will acquire in aggregate up to 16 140 000 HCI ordinary shares (?HCI Shares?) (approximately 15.4% of the issued share capital of HCI), subject to the terms and conditions set out in the Announcement, at a price of R105.00 per HCI Share (the ?Repurchase Transactions?).



Fulfilment of conditions precedent

Shareholders are advised that all conditions precedent pertaining to the Repurchase Transactions have now been fulfilled or waived, as the case may be, and that all of the Repurchase Transactions will be implemented by 16 August 2016.
22-Jul-2016
(Official Notice)
HCI ordinary shareholders (?HCI Shareholders?) are advised that at the general meeting held on Thursday 21 July 2016 (?General Meeting?) all the ordinary and special resolutions as proposed in the notice of General Meeting were approved by the requisite majority of HCI Shareholders.
22-Jun-2016
(Official Notice)
25-May-2016
(C)
Revenue for the year rose to R15.1 billion (R12.2 billion). EBITDA grew to R5.9 billion (R4.1 billion) whereas operating profit was higher at R4.5 billion (R3.1 billion). Profit attributable to equity holders decreased to R1.0 billion (R3.6 billion). In addition, headline earnings per share from continuing operations were slightly lower at 1 013.13 cents per share (1 36.31 cents per share).



Dividend

The directors of HCI have resolved to declare a final ordinary dividend number 53 of 150 cents (gross) per HCI share for the year ended 31 March 2016 from income reserves.
23-May-2016
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2016, the company will report basic earnings per share of between 1 169.8 cents and 833.6 cents, being a decrease of between 65.2% and 75.2% as compared to restated basic earnings per share of 3 361.6 cents for the prior year, and headline earnings per share of between 1 050.0 cents and 955.4 cents, being an increase of between 11.0% and 1.0% as compared to restated headline earnings per share of 946.0 cents for the prior year.



The significant decrease in basic earnings per share is mainly as a result of the prior year fair value adjustment to the carrying value of the group?s investment in Tsogo Sun Holdings Ltd prior to it being consolidated in the results of the company from September 2014. This adjustment did not recur in the current year.



The above information has not been reviewed or reported on by the company`s auditors. The company`s results are expected to be published on or about 25 May 2016.



28-Apr-2016
(Official Notice)
HCI has concluded agreements (Repurchase Agreements) with entities related and/or associated to certain directors of HCI and its subsidiary companies, and the Southern African Clothing and Textile Workers? Union (SACTWU) (the Parties) in terms of which HCI (and, in relation to the shares held by SACTWU, HCI?s wholly-owned subsidiary, Squirewood Investments 64 ((Pty)) Ltd. (Squirewood)) will acquire in aggregate up to 16 140 000 HCI ordinary shares (HCI Shares), subject to the terms and conditions, at a price of R105.00 per HCI Share (the Repurchase Transactions). Each of the Repurchase Transactions are separate and divisible, as more fully described below.



Circular to shareholders

A circular, including a notice of general meeting, detailing the terms of the Repurchase Transactions and actions required by shareholders will be posted to shareholders in due course.
31-Mar-2016
(Official Notice)
HCI shareholders are advised that the following change has been made to the composition of the HCI Board of Directors: Mr Leslie Maasdorp has resigned as a director of HCI and member of the audit committee with immediate effect due to his relocation to China.
19-Nov-2015
(C)
Revenue for the interim period ended 30 September 2015 rose to R7 billion (2014: R4.9 billion). EBITDA shot up by 139% to R2.7 billion (2014: R1.1 billion). Operating profit increased to R2 billion (2014: R808.5 million). Profit attributable to equity holders of the parent declined sharply to R506.7 million (2014: R3.1 billion). Furthermore, headline earnings from ccontinuing operations were recorded at 488.15cps (2014: 405.46cps).



Dividend to shareholders

The directors of HCI have resolved to declare an interim ordinary dividend number 52 of 40 cents (gross) per HCI share for the six months ended 30 September 2015 out of income reserves.

17-Nov-2015
(Official Notice)
In terms of section 3.4 (b) of the JSE Ltd. Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the previous corresponding period.



Shareholders are hereby advised that a reasonable degree of certainty exists that for the six months ended 30 September 2015, the Company will report basic earnings per share of between 559.3 cents and 412.3 cents, being a decrease of between 81.0% and 86.0% as compared to restated basic earnings per share of 2 942.4 cents for the prior comparative period, and headline earnings per share of between 500.6 cents and 463.4 cents, being an increase of between 34.1% and 24.1% as compared to restated headline earnings per share of 373.4 cents for the prior comparative period.



The significant decrease in basic earnings per share is mainly as a result of the prior comparative period fair value adjustment to the carrying value of the group?s investment in Tsogo Sun Holdings Ltd. prior to it being consolidated in the results of the Company from September 2014. This adjustment did not recur in the current period.



The above information has not been reviewed or reported on by the Company's auditors. The Company's results are expected to be published on or about 19 November 2015.
29-Oct-2015
(Official Notice)
HCI ordinary shareholders are advised that at the Annual General Meeting (?AGM?) of HCI held on Thursday, 29 October 2015, all the resolutions, except for ordinary resolution number 6, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of HCI Shareholders.
29-Sep-2015
(Official Notice)
Shareholders are advised that HCI?s integrated annual report, incorporating the summarised audited results for the year ended 31 March 2015, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 22 May 2015. Grant Thornton Johannesburg partnership audited the results and the annual financial statements of HCI and their unqualified report is available for inspection at the registered offices of the company.



Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2015 are available on the company?s website (www.hci.co.za).



The integrated annual report contains a notice of Annual General Meeting for HCI shareholders, which will be held at the registered offices of the company, Suite 801, 76 Regent Road, Sea Point, Cape Town, 8005 on Thursday, 29 October 2015 at 12:00.
28-Aug-2015
(Official Notice)
HCI shareholders are advised that Mr Velaphi Elias Mphande has been appointed as the independent non-executive chairperson of the Company as of 27 August 2015.
07-Aug-2015
(Official Notice)
HCI shareholders are advised that at the General Meeting of members held on Friday 7th August 2015 all the ordinary and special resolutions as proposed in the Notice of the General Meeting were approved by the requisite majority of members.
03-Aug-2015
(Official Notice)
Shareholders are reminded of a general meeting of shareholders to be held at the HCI registered offices, Suite 801, 76 Regent Road, Sea Point, 8005 on Friday 7th August 2015 at 10:00



The special resolution to be proposed at the general meeting relates to the general approval of the provision of financial assistance in terms of sections 44 and 45 of the Companies Act.
22-May-2015
(C)
Revenue for the year increased to R12.2 billion (2014: R8.3 billion). EBITDA soared by 148.6% to R4.1 billion (2014: R1.7 billion), operating profit jumped to R3.2 billion (2014: R1.2 billion), while profit attributable to equity holders of the parent more than doubled to R3.6 billion (2014: R1.1 billion). Furthermore, headline earnings per share from continuing operations decreased to 1 055.19cps (2014: 1 087.62cps).



Dividend

The directors of HCI have resolved to declare a final ordinary dividend number 51 of 130cps for the year ended 31 March 2015 from income reserves.
21-May-2015
(Official Notice)
Shareholders are referred to the published trading statement dated 18 May 2015, whereby the company advised that for the year ended 31 March 2015 the company will report basic earnings per share of between 3 679.3 cents and 3 587.1 cents and headline earnings per share of between 1 013 cents and 918.6 cents. Shareholders are hereby advised that the company?s basic earnings per share for the year ended 31 March 2015 will be 3 381.3 cents (increase of 266%) and headline earnings per share will be 965.8 cents (increase of 2.07%), as opposed to basic earnings per share of 923.8 cents and headline earnings per share of 946.2 cents for the prior year. The company?s basic earnings per share is lower than the guidance previously provided due to the final determination of losses relating to discontinued operations.



The company`s results will be published on 21 May 2015.
20-May-2015
(Official Notice)
HCI sadly announces that non-executive director, Virginia Engel, died peacefully on Monday evening with her family at her side.

18-May-2015
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2015, the Company will report basic earnings per share of between 3 679.3 cents and 3 587.1 cents, being an increase of between 298.3% and 288.3%, and headline earnings per share of between 1 013 cents and 918.6 cents, being between an increase of 7.1% and a decrease of 2.9%, as opposed to basic earnings per share of 923.8 cents and headline earnings per share of 946.2 cents for the prior year.



The significant increase in basic earnings per share is mainly as a result of the fair value adjustment to the carrying value of the group?s investment in Tsogo Sun Holdings Limited prior to it being consolidated in the results of the Company from September 2014.



The Company`s results are expected to be published on or about 21 May 2015.
10-Feb-2015
(Official Notice)
HCI shareholders (?Shareholders?) are referred to the announcement published on SENS on 9 January 2015, regarding the posting of a circular (?Circular?) including a notice of general meeting of Shareholders and were advised that at the General Meeting held on Tuesday, 10th February 2015, all of the ordinary and special resolutions contained in the notice of General Meeting, forming part of the Circular, were passed by the requisite majority of votes of Shareholders present in person or represented by proxy at the General Meeting. The total number of shares represented in person or by proxy amounted to 84.82% of the issued share capital of HCI registered on the record date for the General Meeting (30 January 2015) (net of treasury shares). 46 members were present at the meeting, either in person or by proxy.
09-Jan-2015
(Official Notice)
15-Dec-2014
(Permanent)
HCI have unbundled its shares in Montauk Holdings in the ratio of 120.03411 Montauk Holdings shares for every 100 HCI ordinary shares held by the HCI shareholder effective 15 December 2014. Historical prices have been adjusted.
10-Dec-2014
(Official Notice)
01-Dec-2014
(Official Notice)
20-Nov-2014
(C)
Revenue for the interim period grew to R5.0 billion (R4.0 billion). EBITDA rose 26.8% to R1.1 billion (R0.9 billion). Operating profit increased to R794.6 million (R659.4 million). Profit attributable to equity holders shot up to R3.1 billion (R0.5 billion). Furthermore, headline earnings per share lowered to 390.24 cents per share (523.81 cents per share).



Dividend

The directors of HCI have resolved to declare an interim ordinary dividend number 50 of 35 cents (gross) per HCI share for the six months ended 30 September 2014.
19-Nov-2014
(Official Notice)
17-Nov-2014
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the six month period ended 30 September 2014, the company will report basic earnings per share of between 2 923.3 cents and 2 967.4 cents, being an increase of between 563.1% and 573.1%, and headline earnings per share of between 352.5 cents and 399.5 cents, being a decrease of between 15.0% and 25.0%, as opposed to restated basic earnings per share of 440.8 cents and restated headline earnings per share of 469.9 cents for the prior corresponding period.



The significant increase in basic earnings per share is mainly as a result of the fair value adjustment to the carrying value of the group?s investment in Tsogo Sun Holdings Ltd. prior to it being consolidated in the results of the company from September 2014.



The company's results are expected to be published on or about 20 November 2014.
31-Oct-2014
(Official Notice)
HCI shareholders are advised that at the Annual General Meeting of members held on Thursday 30 October 2014 all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.





31-Oct-2014
(Official Notice)
HCI shareholders are advised that Mr M.J.A. Golding resigned as a director of HCI and Chairman of the Board of Directors effective 30 October 2014.

27-Oct-2014
(Official Notice)
Shareholders are referred to the SENS announcements published today and on 22 and 23 October 2014.



We advise that following the Labour Court decision today, Marcel Golding has elected not to participate in the scheduled disciplinary hearing and has resigned from his employment from the HCI Group with immediate effect.



Mr Golding has reserved his rights to pursue claims against the group in the future.



HCI advises its shareholders it will defend such claims and has reserved its own rights.

27-Oct-2014
(Official Notice)
Shareholders are referred to the SENS announcements published on 22 and 23

October 2014.



Shareholders are informed that, the Company's position that Mr Marcel Golding should face disciplinary proceedings regarding his alleged gross misconduct has been vindicated by the Labour Court of South Africa held at Cape Town, and those disciplinary proceedings will continue.



Insofar as Mr Golding has made certain outrageous allegations relating to political interference in respect of the media, such allegations are denied by the Company. The Company re-affirms its commitment to protect its interests and of its shareholders, to promote an independent media free of political or government interference, and to a lawful and fair disciplinary enquiry.



The Company sees no benefit in conducting this process through the press. As soon as circumstances permit, a further announcement will be issued by the Company.
27-Oct-2014
(Official Notice)
HCI shareholders are advised that Ms B.A. Hogan has resigned as a director of HCI and member of the audit committee with immediate effect.
23-Oct-2014
(Official Notice)
Shareholders are referred to the SENS announcement dated 22 October 2014, wherein shareholders were informed that the Company has decided to suspend the services of its executive chairman, Mr Marcel Golding, as an employee pending a disciplinary enquiry into certain allegations of gross misconduct by him.



Shareholders are further informed that the nature of the alleged misconduct by Mr Golding, whilst serious in nature, is unlikely to adversely affect the operations of the Company, or materially affect its financial performance.



As soon as circumstances permit, a further announcement will be issued by the Company.

22-Oct-2014
(Official Notice)
HCI announced its decision to suspend the services of its executive chairman, Marcel Golding, as an employee pending a disciplinary enquiry into certain allegations of gross misconduct by him. The alleged misconduct in question was, after deliberation by a special sub-committee mandated by the HCI Board, comprising its lead independent non-executive director and the chairpersons of HCI's Audit Committee and Social and Ethics sub-committees, found to be of a very serious nature warranting disciplinary action.



Disciplinary proceedings have been instituted and the process is scheduled to proceed on Monday 27 October 2014.



In the interim however, Mr Golding, has responded to the process by launching proceedings to uplift his suspension and to stay the disciplinary enquiry and to seek other relief.



While HCI respects the right of its employees to take whatever legal steps they deem appropriate in their own defense, HCI will take such steps as are necessary to protect its interests.



HCI intends opposing the said application.
26-Sep-2014
(Official Notice)
Shareholders are advised that HCI's integrated annual report, incorporating the summarised audited results for the year ended 31 March 2014, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 22 May 2014. Grant Thornton (Jhb) Inc. audited the results and the annual financial statements of HCI and their unqualified report is available for inspection at the registered offices of the Company.



Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2014 are available on the Company?s website (www.hci.co.za). The integrated annual report contains a notice of Annual General Meeting for HCI shareholders, which will be held at the registered offices of the company, Suite 801, 76 Regent Road, Sea Point, Cape Town, 8005 on Thursday, 30 October 2014 at 12:00.

11-Aug-2014
(Official Notice)
Shareholders are hereby advised that HCI, through its subsidiary, Deepkloof Ltd. ("Deepkloof"), has purchased an interest of 13% in Impact Oil and Gas Ltd. ("IOG") through the subscription of ordinary shares in that company for an amount of USD17 million. The company has agreed to subscribe, through Deepkloof, for a further 7% of the ordinary share capital of IOG for an amount of USD8 million to increase its interest to 19.9%. The purchase of the further 7% remains subject to the approval of the Financial Surveillance Department of the South African Reserve Bank.



IOG was founded in 2009 by a group of experienced geoscientists who targeted a number of areas off the coast of South Africa which had very large hydrocarbon potential. IOG's business model is to secure petroleum exploration licences ("Exploration Licences") in deep water with the aim of enhancing the value of the Exploration Licence before farming it out to larger oil companies that have the technical and financial capacity to progress the projects to the drilling stage. With reference to this business model, IOG and its management team have vast technical knowledge, experience and relevant oil and gas business exposure.



Following licence awards and a successful 2D seismic acquisition campaign, a series of play concepts were delineated and IOG entered into a partnership with ExxonMobil. Together the two companies are currently working on a substantial exploration program off the coast of South Africa.



With a clear strategic focus as an Africa-only exploration company, IOG's management is committed to building an attractive exploration portfolio and is currently securing a portfolio of prospective acreage in a number of locations on the African continental margin.



The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. The investment in IOG will be funded from cash reserves.
05-Jun-2014
(Media Comment)
According to Business Report, HCI, the largest shareholder in Tsogo Sun Holdings Ltd. ("Tsogo"), was not interested in acquiring SABMiller plc's R13 billion stake in Tsogo. HCI CE Johnny Copelyn said that buying the shares would "be a very, very big decision for us ... and it is absolutely not a consideration [on] our side." HCI is expected to remain Tsogo's largest shareholder.
22-May-2014
(C)
Revenue increased to R8.4 billion (R6.7 billion). EBITDA rose by 10.1% to R1.6 billion (R1.5 billion) and operating profit increased by 6.1% to R1.2 billion (R1.1 billion). Net attributable profit declined by 23.2% to R1.1 billion (R1.4 billion). However, headline earnings from continuing operations grew to 1 083.74cps (956.99cps).



Dividend

A final gross ordinary dividend of 110cps has been declared.



Outlook

The primary drivers of value in the group remain both stable and are growing at a reasonable rate.
24-Mar-2014
(Official Notice)
The HCI board of directors has completed a process of assessing the strategic options in respect of HCI's investment in Montauk Energy Holdings, LLC ("Montauk"), and confirmed its intention to proceed, subject to the receipt of necessary regulatory approvals, with a separate listing of HCI's interest in Montauk on the securities exchange operated by the JSE ("Montauk Listing") and the unbundling of HCI's interest in Montauk to HCI shareholders ("Unbundling"). The Board is of the view that the proposed Montauk Listing and the Unbundling will best serve the interests of HCI shareholders, will improve the public profile and general public awareness of Montauk and will enhance HCI shareholder value. The Montauk Listing and Unbundling will also allow HCI shareholders the flexibility to maintain, increase or decrease their investment in Montauk based on their assessment of Montauk?s prospects.



The Montauk Listing and Unbundling

HCI International Holdings Ltd. ("HCI International") is a subsidiary of HCI which holds the Group's indirect interest in Montauk. The Montauk Listing and Unbundling will be implemented by listing HCI Internationals' ordinary shares on the JSE and subsequently unbundling these shares to HCI shareholders on a pro rata basis.



HCI International will issue a pre-listing statement to HCI shareholders in which additional information will be provided in respect of the proposed Montauk Listing and Unbundling. It is expected that the Montauk Listing will take place in the second half of 2014, and there is no intention to raise fresh capital on Listing as HCI International is well capitalised for its current requirements. The Montauk Listing and the Unbundling are subject to various conditions including JSE and South African Reserve Bank approval. A further announcement regarding the Montauk Listing and Unbundling will be made to HCI shareholders in due course.
19-Mar-2014
(Official Notice)
HCI shareholders are advised that the following changes have been made to the composition of the HCI board of directors:

*The status of Mr Yunis Shaik on the board of HCI has been changed to that of executive director with immediate effect. Consequently we congratulate Mr Velaphi Elias Mphande who has been appointed as lead independent non-executive director in his stead. Elias was appointed to the board of HCI as a non-executive director in September 2010.

*We welcome both Mr Leslie Maasdorp and Ms Rachel Watson to the board of HCI as independent non-executive directors. Leslie will serve as the Chairman of the Audit and Risk committee.

13-Dec-2013
(Official Notice)
Shareholders of HCI were advised that, in terms of the notice of general meeting issued on 13 November 2013, the requisite majority of HCI shareholders approved all of the ordinary and special resolutions tabled at the general meeting of the HCI Shareholders held on 13 December 2013.
21-Nov-2013
(C)
Income rose 22% to R4.8 billion (R3.9 billion) and EBITDA grew 18% to R870.6 million (R736.0 million). Operating profit jumped to R606.6 million (R518.7 million). Profit attributable to equity holders decreased by 1% to R540.9 million (R548.7 million). In addition, headline earnings per share from continuing operations increased to 470.38 cents per share (416.26 cents per share).



Dividend

The directors of HCI have resolved to declare an interim ordinary dividend number 48 of 30 cents (gross) per HCI share for the six-month period ending 30 September 2013.
13-Nov-2013
(Official Notice)
Shareholders of HCI ("HCI Shareholders") are referred to the announcement released by HCI on SENS on Wednesday, 2 October 2013 and published in the press on Thursday, 3 October 2013 in relation to an agreement entered into between HCI and Mr Andre van der Veen, a director of various subsidiaries of HCI, in terms of which HCI will acquire 220 000 ordinary shares, having a par value of 25 cents each, in the issued share capital of HCI ("HCI Shares") from Mr Andre van der Veen at a price of R123.00 per HCI Share ("Specific Repurchase").



HCI Shareholders are hereby advised that a circular ("Circular") containing, inter alia, details of the Specific Repurchase, a notice of general meeting of the HCI Shareholders ("General Meeting") and a form of proxy has been posted to HCI Shareholders today, 13 November 2013. HCI Shareholders are advised that the Specific Repurchase is subject to the fulfilment of certain conditions precedent detailed in the Circular, and are advised to review the Circular for a summary of the key terms and conditions of the Specific Repurchase.



Notice of HCI shareholders meeting

The General Meeting will be held at the offices of HCI, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town, 8001, on Friday, 13 December 2013 at 10:00 to consider and, if deemed fit, pass, with or without modification, the resolutions necessary to implement the Specific Repurchase.



Important dates and times

The important dates and times in relation to the General Meeting are set out below:

*Record date to receive Circular and notice of General Meeting -- Friday, 8 November 2013

*Circular and notice of General Meeting posted to HCI Shareholders on Wednesday, 13 November 2013

*Last day to trade in HCI Shares in order to be recorded in HCI's securities register to participate in and vote at the General Meeting -- Friday, 29 November 2013

*Record date to be entitled to attend, participate in and vote at the General Meeting by close of trading on Friday, 6 December 2013

*Proxy forms for the General Meeting to be received by 10:00, on (or may thereafter be lodged by hand with the Company prior to 10:00 on Friday, 13 December 2013) Wednesday, 11 December 2013

*General Meeting held at 10:00 on Friday, 13 December 2013

*Results of the General Meeting released on SENS on Friday, 13 December 2013

*Cancellation and delisting of the HCI Shares bought back -- Friday, 20 December 2013
28-Oct-2013
(Official Notice)
At the annual general meeting of shareholders of the company held on Monday, 28 October 2013 (in terms of the notice of annual general meeting contained in the Company?s 2013 Integrated Annual Report issued on 27 September 2013), all of the resolutions were passed by the requisite majority of HCI shareholders.

10-Oct-2013
(Official Notice)
03-Oct-2013
(Official Notice)
HCI shareholders are referred to the announcement released on SENS on 17 May 2013 and the circular to shareholders dated 21 June 2013 ("Circular") regarding the repurchase of HCI ordinary shares ("HCI Shares") from the Southern African Clothing and Textile Workers Union ("SACTWU") ("the Specific Repurchase"). Following the fulfillment of all of the conditions precedent, HCI has implemented the Specific Repurchase in respect of the maximum number of 15 824 300 HCI shares as set out in the Circular.



In order to ensure that, following the Specific Repurchase, HCI subsidiaries do not hold treasury shares in excess of 10% of the issued share capital of the Company, HCI has cancelled 7 186 943 HCI Shares with effect from 30 September 2013 and de-listed these HCI Shares from the JSE Ltd. with effect from 3 October 2013.



These cancelled HCI Shares were acquired as follows:

*6 651 943 HCI Shares in terms of the Specific Repurchase referred to above, which was approved by HCI shareholders at the general meeting on 22nd July 2013; and

*535 000 HCI Shares from share repurchases on the open market in terms of the general authority granted to the Company by its shareholders at the annual general meeting on 29 October 2012.



The cancellation of these HCI Shares has no financial impact on the headline earnings per HCI Share (diluted and undiluted) and earnings per HCI Share (diluted and undiluted) of the Company.



The HCI Shares cancelled represent 5.66% of the issued share capital of the Company immediately prior to such cancellation. Following the cancellation, the issued share capital of the Company will now comprise of 119 869 367 ordinary shares of 25 cent each with subsidiaries of HCI holding 11 000 000 HCI Shares as treasury shares.
02-Oct-2013
(Media Comment)
Business Day reported that HCI, best known for gaming and media interests, looks set to scour a rich seam in the coal sector with a second mine starting production this year. HCI's coal-mining operations have mainly been concentrated on the Palesa Colliery with hitches in processing various regulatory steps delaying the start-up of production at its Mbali Colliery. CEO Johnny Copelyn said all necessary approvals had been received for Mbali and all the ancillary infrastructure to the wash-plant had been completed on budget.
02-Oct-2013
(Official Notice)
01-Oct-2013
(Official Notice)
Shareholders were advised that HCI's integrated annual report, incorporating the audited results for the year ended 31 March 2013, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 23 May 2013. Shareholders are advised that the integrated annual report for the year ended 31 March 2013 is available on the company's website (www.hci.co.za).



The annual report contains a notice of Annual General Meeting for HCI shareholders, which will be held at the registered offices of the company, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town, 8001 on Monday, 28 October 2013 at 11:00.
22-Jul-2013
(Official Notice)
Shareholders of HCI were advised that in terms of the notice of general meeting issued on 21 June 2013, the requisite majority of HCI shareholders approved all of the ordinary and special resolutions tabled at the general meeting of the HCI Shareholders held today, 22 July 2013. Specifically, HCI shareholders approved all the necessary resolutions to implement the Sactwu Option Repurchase, the Sactwu Cash Repurchase and the proposed amendments to the HCI Employee Scheme Document.
21-Jun-2013
(Official Notice)
23-May-2013
(C)
Revenue rose to R7.5 billion (R7.1 billion) whilst operating profit dropped to R1.06 billion (R1.13 billion). Profit attributable to equity holders grew 4% to R1.3 billion (R1.2 billion). Furthermore, headline earnings per share from continuing operations increased to 860.28 cents per share (813.68 cents per share).



Dividend

The directors of HCI have resolved to declare a final ordinary dividend number 47 of 84 cents per share for the year ended 31 March 2013.
20-May-2013
(Official Notice)
HCI and Seardel Investments Corporation Ltd. ("Seardel") have noted statements released in the press on Monday, 20 May 2013 relating to the cancellation of the transaction between HCI and Seardel. Neither HCI nor Seardel were contacted in respect of the press articles which are factually incorrect. The announcement released on SENS was amended and reloaded because of an incorrect flash headline. The transaction set out in the announcement released on SENS on Friday, 17 May 2013 and published in the press on Monday, 20 May 2013 has not been cancelled or withdrawn and will be implemented subject to the fulfilment of the conditions precedent as set out in the announcement.
17-May-2013
(Official Notice)
HCI shareholders are advised that the repurchase transactions, if successfully concluded, may have a material impact on the price of the HCI's securities. Accordingly, HCI shareholders are advised to exercise caution when dealing in HCI securities until a further announcement incorporating the financial effects of the repurchase transactions is made.



17-May-2013
(Official Notice)
17-May-2013
(Official Notice)
HCI shareholders are advised that the Repurchase Transactions, if successfully concluded, may have a material impact on the price of the HCI's securities. Accordingly, HCI shareholders are advised to exercise caution when dealing in HCI securities until a further announcement incorporating the financial effects of the Repurchase Transactions is made.
17-May-2013
(Official Notice)
18-Jan-2013
(Official Notice)
At the general meeting of shareholders of HCI held on Friday, 18 January 2013 (in terms of the notice of general meeting issued on 30 November 2012), all of the resolutions to approve the Company's new Memorandum of Incorporation were passed by the requisite majority of HCI shareholders.
10-Sep-2012
(Permanent)
HCI unbundled Niveus Investments Ltd. ("Niveus") in a ratio of 11.95191 new Niveus shares for one HCI share.
19-Nov-2012
(C)
Revenue increased to R3.6 billion (R3.5 billion). EBITDA was up 2% to R736 million (R719.4 million). Operating profit was lower at R518.7 million (R532.8 million). Net attributable profit rose 34% to R548.7 million (R408.5 million). In addition, diluted headline earnings from continuing operations grew to 406.17cps (295.45cps).



Dividend

A gross interim ordinary dividend of 24cps has been declared.



Outlook

The directors remain confident in the underlying quality of these assets and their prospects going forward.
12-Nov-2012
(Official Notice)
HCI shareholders were informed that it is expected that for the six months ended 30 September 2012, HCI's headline earnings will be between 395 cents and 436 cents per share compared to the prior corresponding period headline earnings of 321 cents per share, and the basic earnings will be between 408 and 450 cents per share compared to 300 cents per share in the prior corresponding period.



The company's results are expected to be published on or about 19 November 2012.
29-Oct-2012
(Official Notice)
At the annual general meeting of shareholders of HCI held on Monday, 29 October 2012 (in terms of the notice of annual general meeting contained in the HCI integrated annual report issued on 27 September 2012), all of the resolutions were passed by the requisite majority of HCI shareholders.
27-Sep-2012
(Official Notice)
Shareholders were advised that the company's integrated annual report for the year ended 31 March 2012 were posted to shareholders on 27 September 2012 and contain no modifications to the reviewed results which were published on Sens on 17 May 2012. PKF (Jhb) Inc. audited the results and the annual financial statements of HCI and their unqualified reports are available for inspection at the registered offices of the company.



Shareholders were advised that the annual financial statements for the year ended 31 March 2012 is available on the company's website (www.hci.co.za).



Notice is hereby given that the annual general meeting of the company will be held at the HCI registered offices, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town, 8001 on Monday, 29 October 2012 at 11:00.
17-Sep-2012
(Official Notice)
07-Sep-2012
(Official Notice)
30-Aug-2012
(Official Notice)
30-Aug-2012
(Official Notice)
HCI shareholders were informed that Ms Barbara Hogan has been appointed as an independent non-executive director of HCI with effect from 29 August 2012.
30-Jul-2012
(Official Notice)
17-May-2012
(C)
Revenue for the year ended 31 March 2012 increased to R7.1 billion (2011: R6.3 billion). EBITDA jumped by 17% to R1.5 billion (2011: R1.3 billion), while operating profit also rose by 17% to R1.1 billion (2011: R966 million), but profit attributable to equity holders of the parent plunged by 81% to R1.2 billion (2011: R6.4 billion). Furthermore, headline earnings from continuing operations soared to 813.68cps (2011: 285.26cps).



Dividend

The directors of HCI have resolved to declare ordinary dividend number 45 of 70cps.
11-May-2012
(Official Notice)
HCI shareholders were informed that it is expected that for the year ended 31 March 2012, HCI's headline earnings will be between 762 cents and 842 cents per share compared to the prior year restated headline earnings of 573 cents per share, and the basic earnings will be between 910 and 1 004 cents per share compared to 5 096 cents per share, as restated, in the prior year.



The significant increase in headline earnings per share is partly as a result of the reversal of contingent purchase consideration recognised by Tsogo Sun Holdings Ltd. and the recognition of a favourable settlement of claims by Seardel Investment Corporation Ltd. The significant decrease in basic earnings per share is mainly as a result of the investment surplus recognised in the prior year on the merger of the hotel and gaming interests of Tsogo Sun Holdings (Pty) Ltd. and Gold Reef Resorts Ltd. The company's results are expected to be published on or about 17 May 2012.
23-Mar-2012
(Official Notice)
Shareholders were referred to the mandatory offer made by HCI-KWV Holdings to acquire all the KWV shares that it does not already own, for a cash consideration of 850 cents per KWV share, the details of which were announced on the SENS on 21 December 2011 and contained in the mandatory offer document posted to shareholders on 20 January 2012.



The aforementioned mandatory offer closed at 12:00 on 22 March 2012. Shareholders are hereby advised that in terms of the mandatory offer, HCI-KWV Holdings received acceptances from KWV shareholders holding 356 435 KWV shares, constituting approximately 0.5% of the issued ordinary shares of KWV (net of treasury shares).



Prior to the mandatory offer HCI-KWV Holdings held 35.01% of the issued share capital of KWV. Subsequent to the mandatory offer, HCI-KWV Holdings now holds 35.52% of the issued share capital of KWV, net of treasury shares. For shareholders who have accepted the mandatory offer but have not yet received the offer consideration, cheques will be posted to such shareholders or the offer consideration will be credited to their Central Security Depository Participant ("CSDP") account within six business days after their having validly accepted the mandatory offer.
22-Feb-2012
(Official Notice)
Shareholders are referred to the announcement released on SENS on 21 December 2011 and the mandatory offer document posted on 20 January 2012 which stated that the mandatory offer to KWV shareholders was expected to close at 17:00 on 2 March 2012. Following the release of KWV`s interim results on 21 February 2012, HCI has decided (with the prior approval of the Takeover Regulation Panel) to extend the mandatory offer closing date and time to 12:00 on 22 March 2012.



The revised dates and times of the mandatory offer are set out below:

*Record date, being the final date on which KWV shareholders must be recorded in the register in order to be eligible to accept the mandatory offer on Thursday, 22 March 2012

*Closing date of the mandatory offer at 12:00 on Thursday, 22 March 2012

*Results of the mandatory offer released on SENS on Friday, 23 March 2012

*Results of the mandatory offer published in the press on Offer consideration posted to shareholders who within six business days after accept the mandatory offer (once documents of acceptance of the mandatory title have been received) offer Monday, 26 March 2012

*HCI reserves the right, at its discretion, and subject to the prior approval of the Takeover Regulation Panel, to make any changes to the dates referred to in this announcement (including extending the closing date), which amended dates will be released on SENS and published in the South African press.
17-Nov-2011
(C)
Revenue increased to R3.5 billion (R3.1 billion) and earnings before interest, tax, depreciation and amortisation (EBITDA) was up by 35% to R716.8 million (R530.5 million). Operating profit improved by 44% to R530.2 million (R367.2 million), while profit for the period attributable to ordinary shareholders grew by 39% to R408.5 million (R293.2 million). Also, headline earnings per share from continuing operations rose to 303.56cps (117.20cps).



Dividend

The directors of HCI have declared ordinary dividend number 44 of 20cps.



Outlook

The group has continued to busy itself with new activity on several fronts. In the casino area Tsogo Sun Holdings bought out a significant minority from the Suncoast casino, effectively raising its interest in that casino to 90%. In the hotel space Southern Sun Hotels purchased The Grace Hotel in Rosebank, Johannesburg. Montauk Energy Capital has succeeded in concluding an extended gas usage agreement for twenty years at Bowerman California which is a significant milestone to finally developing its electricity project there. HCI has likewise been very active in developing a partnership with Sun Edison, a company bidding to be a supplier of solar-based electricity to Eskom which is currently on tender. If it is successful it is intended to partner with this company together with the J - J Group
14-Nov-2011
(Official Notice)
HCI shareholders were referred to the announcement released on SENS on 11 November 2011 wherein shareholders were advised that HCI's earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ended 30 September 2011 were likely to be more than 20% higher than EPS and HEPS for the six months ended 30 September 2010.



The company is now in a position to provide guidance in accordance with section 3.4 (b) of the Listings Requirements of the JSE Ltd and HCI shareholders are informed that it is expected that for the six months ended 30 September 2011, HCI's HEPS will be between 285 cents and 314 cents compared to the prior period HEPS of 226 cents, and the EPS will be between 305 and 337 cents compared to EPS of 234 cents in the prior period. The company's results are expected to be published on or about 17 November 2011.
11-Nov-2011
(Official Notice)
HCI shareholders were informed that it is expected that for the six months ended 30 September 2011, HCI's headline earnings per share ("HEPS") and earnings per share ("EPS") will be more than 20% higher than the previous corresponding half year to 30 September 2010. A further trading statement will be issued in due course to provide earnings forecast ranges for HEPS and EPS as required by the JSE Ltd Listings Requirements. The company's results are expected to be published on or about 17 November 2011.
24-Oct-2011
(Official Notice)
Shareholders of HCI are hereby advised that at the annual general meeting held today, 24 October 2011, all the ordinary and special resolutions proposed in the notice to shareholders were approved by the requisite majority of votes.
23-Sep-2011
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 31 March 2011 were posted to shareholders today and contain no modifications to the reviewed results which were published on Sens on 19 May 2011. PKF (Jhb) Inc. audited the results and the annual financial statements of HCI and their unqualified reports are available for inspection at the registered offices of the company.



Notice is hereby given that the annual general meeting of the company will be held at the HCI registered offices, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town, 8001 on Monday, 24 October 2011 at 11:00.

28-Jul-2011
(Media Comment)
The Financial Mail reported that HCI has tow main objectives for KWV. The first is to improve its performance and value, and the second is to use the company as a platform for growth in the liquor industry. The appointment of senior HCI executive Andre van der Veen as acting CEO of KWV can be viewed as an early step towards achieving these goals.
19-May-2011
(C)
Revenue grew to R6.4 billion (R5.4 billion) and earnings before interest, tax, depreciation and amortisation (EBITDA) rose to R1.3 billion (R940.7 million). Operating profit improved to R958.3 million (R664 million), while profit for the year attributable to ordinary shareholders expanded drastically to R6.4 billion (R605.4 million). Furthermore, headline earnings per share from continuing operations increased to 288.17cps (133.89cps).



Dividend

The directors of HCI have resolved to declare ordinary dividend number 43 of 60cps.



Outlook

The 2011 financial year has been a good year for HCI in several ways. Its headline profits are up on last year by 97%. This was achieved by the group's major contributors (Tsogo and Sabido) improving their contribution to group headline profits on last year by 10.8% and several investments turning in really excellent performances. Of these Golden Arrow's improvement of 57% over last year is really remarkable, particularly as the business might reasonably be regarded as "mature". This is its 150th year of providing passenger transport to the City of Cape Town. Also, Vukani's 35% uptick despite all its difficulties is most encouraging. Among the turnaround operations, Formex broke even after losing R122 million the previous year and Seardel turned in substantial profits from continuing businesses. Losses from discontinued operations in Seardel will not be ongoing and the underlying business going forward is significantly profitable. EBITDA from Montauk improved by approximately 30% for the year, allowing them to significantly reduce their losses. Amongst the start up businesses, unstoppable drive and enthusiasm from the management of Galaxy Bingo has resulted in it turning cash positive from December 2010, and systematic attention to detail by management in our mining subsidiary produced its first annual profit of R22 million.
16-May-2011
(Official Notice)
HCI shareholders are informed that it is expected that for the year ended 31 March 2011, HCI's headline earnings will be between 550 cents and 605 cents per share compared to the prior period restated headline earnings of 297 cents per share, and the basic earnings per share will be between 4 850 and 5 335 cents per share compared to 484 cents per share, as restated, in the prior period. The significant increase in basic earnings per share is mainly as a result of the investment surplus recognised on the merger of the hotel and gaming interests of Tsogo Sun Holdings (Pty) Ltd and Gold Reef Resorts Ltd. The company's results are expected to be published on or about 19 May 2011.
18-Feb-2011
(Official Notice)
Shareholders are referred to the announcements published by HCI on the Stock Exchange News Service of the JSE Limited on, inter alia, 18 February 2010, 26 April 2010, and most recently 11 February 2011 regarding the proposed merger of the gaming and hotel businesses of Tsogo Sun Holdings (Pty) Ltd ("Tsogo"), a 51% held subsidiary of HCI, and Gold Reef Resorts Limited ("Gold Reef") ("Proposed Merger").



Shareholders are advised that all the conditions precedent relating to the Proposed Merger have been fulfilled or waived (where appropriate). Accordingly, the Proposed Merger has become unconditional. Shareholders are also referred to the abridged revised listing particulars announcement released by Tsogo and Gold Reef on SENS today.

11-Feb-2011
(Official Notice)
Shareholders are referred to the announcements published by HCI on SENS on, inter alia, 18 February 2010, 26 April 2010, and most recently 20 January 2011 regarding the proposed merger of the gaming and hotel businesses of Tsogo Sun Holdings (Pty) Ltd, a 51% held subsidiary of HCI, and Gold Reef Resorts Ltd. Shareholders are advised that unconditional approval has been received from the Competition Tribunal in respect of the proposed merger. Further announcements will be made to shareholders as appropriate.
07-Feb-2011
(Official Notice)
HCI shareholders are advised that HCI has acquired, via a wholly owned subsidiary, a total of 23 230 365 ordinary shares in KWV Holdings Limited ("KWV"), constituting 33,9% of the issued ordinary share capital of KWV for a total purchase consideration of R274,12m (`the acquisition`). The purchase consideration was funded out of existing cash resources. KWV, which company's shares are traded over the counter, operates in the wine and brandy industry. HCI considers the acquisition to be opportune to further the diversification of its earnings base. The transaction is effective from 07 February 2011. The acquisition of the KWV interest is not subject to any conditions precedent.

07-Feb-2011
(Media Comment)
Business Report stated that, following dramatic developments at the weekend, Hosken Consolidated Investments (HCI) is set to acquire 34.9 % of KWV from Zeder Investments at R11.80 a share. Yesterday, 06 February Business Day was unable to get confirmation of the details from the parties. HCI Chairman Marcel Golding said he could not comment on the reports while on Friday evening KWV chairman Thys du Toit told Business Report he knew nothing about a transaction involving Zeder's stake. However, Danie de Wet, a significant minority shareholder in KWV, said he was happy about the development, which he described as "very good" for KWV. A sale to HCI would mean that the KWV stake is moved out of the PSG-related group of companies, which includes Kaap Agri, Zeder and Piooner Foods.
20 Jan 2011 09:33:39
(Official Notice)
Shareholders are referred to the announcements published by HCI on SENS of the JSE Ltd on, inter alia, 18 February 2010, 26 April 2010, and most recently 3 December 2010 regarding the proposed merger of the gaming and hotel businesses of Tsogo Sun Holdings (Pty) Ltd, a 51% held subsidiary of HCI, and Gold Reef Resorts Ltd. Shareholders were advised that approval has been received from the Eastern Cape Gambling and Betting Board. This approval is in addition to the approvals already granted by the Gauteng Gambling Board, the Kwa-Zulu Natal Gambling Board, the Mpumalanga Gambling Board and the Western Cape Gambling and Racing Board as announced to shareholders on 15 November 2010 and 3 December 2010. The only outstanding gaming regulatory approval is the Free State Gambling and Racing Board.
03 Dec 2010 08:38:05
(Official Notice)
Shareholders are referred to the announcements published by HCI on the Stock Exchange News Service of the JSE Limited on 18 February 2010, 26 April 2010, and 15 November 2010 regarding the proposed merger of the gaming and hotel businesses of Tsogo Sun Holdings (Proprietary) Limited, a 51% held subsidiary of HCI, and Gold Reef Resorts Ltd.



Shareholders are advised that approval has been received from the Mpumalanga Gambling Board and the Western Cape Gambling and Racing Board subject to the condition that the Proposed Merger is approved by the Competition Authorities (which is, in any event, a condition precedent to the Proposed Merger). These approvals are in addition to the approvals already granted by the Gauteng Gaming Board and the Kwa-Zulu Natal Gaming Board as announced to shareholders on 15 November 2010.

19 Nov 2010 16:23:32
(C)
Revenue increased by 17.5% to R4.4 billion (September 2009: R3.8 billion). EBITDA increased by 12.8% to R1.6 billion (September 2009: R1.5 billion), and operating profit increased by 14% to R1.2 billion (September 2009: R1.1 billion). Attributable earnings to equity holders was up to R293 million (September 2009: R125 million) and headline earnings per share from continuing operations rose to 264.89cps (September 2009: 199.88cps).



Dividend

The directors of HCI have resolved to declare ordinary dividend number 42 of 15 cents per HCI share.



Outlook

The group results reflect an overall increase of 134% in basic earnings attributable to HCI shareholders and an increase of 119% in headline earnings. There has been growth in revenue across all segments. In line with this growth in revenue, group EBITDA has grown by 12% in comparison to the prior comparable period. A lower interest rate environment together with the amortisation of debt capital has led to lower finance costs for the period when compared to the prior comparable period, while investment income has increased in line with an increase in cash resources. Profit from associates and joint ventures for the period is significantly lower than reported in the prior comparative period primarily because of the disposal of Clover Industries Limited ("CIL") which had contributed significantly to the prior comparable period profit from associates and joint ventures.
15 Nov 2010 17:18:00
(Official Notice)
Shareholders were referred to the announcements published by HCI on SENS on 18 February 2010 and 26 April 2010, regarding the proposed merger of the gaming and hotel businesses of Tsogo Sun Holdings (Pty) Ltd, a 51% held subsidiary of HCI, and Gold Reef Resorts Ltd. Shareholders are advised that regulatory approvals from the gaming boards have now been received from the Gauteng Gaming Board (subject to the proposed merger being approved by the Competition authorities)and from the Kwa Zulu Natal Gaming Board (which approval is unconditional).
10 Nov 2010 16:39:59
(Official Notice)
In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the previous corresponding period. As a result of the above, HCI shareholders are informed that it is expected that for the six months ended 30 September 2010, HCI's headline earnings will be between 215 cents and 237 cents per share compared to the prior period headline earnings of 104 cents per share, and the basic earnings per share will be between 222 and 245 cents per share compared to 100 cents per share in the prior period. The above information has not been reviewed or reported on by the company's auditors. The company's results are expected to be published on or about 18 November 2010.

25 Oct 2010 12:33:23
(Official Notice)
Shareholders are advised that all resolutions were passed by the requisite majority of shareholders at the annual general meeting held today, 25 October 2010. The special resolution will be lodged with CIPRO for registration, in due course.
15 Oct 2010 16:41:56
(Official Notice)
Shareholders are referred to the announcement made on 14 December 2009 on SENS, that TIH had entered into an agreement with Nafhold pursuant to which the HCI Group would increase its interest in TIH to 99.56%. The main business of TIH is to hold a 51% interest in Tsogo Sun Group (Pty) Ltd. Shareholders are advised that all the conditions precedent to the above transaction have now been fulfilled and that the transaction has been implemented with effect from 15th October 2010.
28 Sep 2010 15:45:04
(Official Notice)
Shareholders are advised that the company's annual report for the year ended 31 March 2010 was posted to shareholders and contains no modifications to the audited results which were published on 20 May 2010.



Notice of the annual general meeting

The notice of annual general meeting was posted to shareholders on Tuesday, 28 September 2010 and notice was given that the annual general meeting of the company will be held at 11:00 on Monday, 25 October 2010, at the offices of HCI, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town to transact business as stated in the notice of the annual general meeting.
31 Aug 2010 12:25:17
(Official Notice)
Mr Yunis Shaik has been appointed as lead independent non-executive director with immediate effect. Mr Velaphi Elias Mphande, who had previously resigned from all executive positions in the group, has been appointed to the board of HCI as a non-executive director with effect from 1 September 2010.
09 Jun 2010 17:05:00
(Official Notice)
HCI shareholders are advised that Tsogo has released its unqualified, audited financial results for the year ended 31 March 2010 on SENS under the JSE Limited's ("JSE") general code, which announcement will be published in the press tomorrow, Thursday 10 June 2010. The publication of Tsogo's financial results is in fulfillment of one of the JSE's conditions related to the listing of the consideration shares for the proposed merger of Tsogo and Gold Reef Resorts Limited as set out in section 6.4 of the HCI circular to shareholders dated 3 April 2010.
20 May 2010 15:52:45
(C)
Revenue for the year ended 31 March 2010 increased R8.4 billion (2009: R7.4 billion) . Operating profit decreased slightly to R2.3 billion (2009: R2.6 billion) ,while earnings attributable to equity holders of the parent fell to R603.9 million (2009: R1.1 billion) . Headline earnings per share was 295.41cps .



Dividend

The board has decided to postpone its consideration of a dividend until after the shareholder meeting of Clover scheduled for 31 May 2010.
13 May 2010 17:43:30
(Official Notice)
HCI shareholders are informed that it is expected that for the year ended 31 March 2010, HCI's headline earnings will be between 280 cents and 308 cents per share compared to the prior year headline earnings of 254 cents per share, and the basic earnings per share will be between 458 and 504 cents per share compared to 890 cents per share in the prior year.
26 Apr 2010 11:58:03
(Official Notice)
HCI shareholders are advised that at the general meetings held today by HCI, TIH and Gold Reef, all of the resolutions set out in the respective notices of general meeting and proposed at the respective general meetings were passed by the requisite majority of shareholders. Accordingly, the conditions precedent related to shareholder approvals as set out in section 6.3.2 of the HCI circular and section 3.2 of the Gold Reef circular have been fulfilled.
01 Apr 2010 16:34:15
(Official Notice)
HCI shareholders were hereby informed that the circular to HCI shareholders will be posted on Saturday, 3 April 2010.

In addition, shareholders should note the revised salient dates and times below:

* Salient dates and times announcement released on SENS on Thursday, 1 April

* Circular posted to HCI shareholders on Saturday, 3 April

* Salient dates and times announcement published in the South African press on Tuesday, 6 April

* Last day for the receipt of proxy forms for the HCI General Meeting by 10:00 on Friday, 23 April

* HCI General Meeting held at 10:00 on Monday, 26 April

* Results of the HCI General Meeting released on SENS on Monday, 26 April

* Results of the HCI General Meeting published in the South African press on Wednesday, 28 April

* Special resolution lodged for registration with CIPRO on Wednesday 28 April.



15 Mar 2010 07:56:53
(Official Notice)
18 Feb 2010 10:08:38
(Official Notice)
29 Jan 2010 18:03:21
(Official Notice)
HCI shareholders are advised that HCI has entered into negotiations which, if successfully concluded, may have a material impact on the price of the company's securities. Accordingly, HCI shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
14 Dec 2009 17:30:11
(Official Notice)
06 Nov 2009 16:42:58
(C)
Revenue increased by 35.3% to R5.9 billion (R4.8 billion). EBITDA decreased by 6.3% to R1.5 billion and operating profit decreased by 14.3% to R1.1 billion (R1.2 billion). Attributable earnings were down by 39.7% to R125 million (R207 million) and headline earnings fell by 16.3% to 104.02cps (124.22cps).



Dividend

No dividend has been declared.
03 Nov 2009 17:29:02
(Official Notice)
HCI's shareholders are informed that it is expected that HCI's headline earnings per share for the six months ended 30 September 2009 will be between 100 cps and 110 cps, compared to 124 cents last year, and the basic earnings per share will be between 95 cps and 105 cps, compared to 167 cents last year. The above information has not been reviewed or reported on by the company's auditors and the company's results for the six months ended 30 September 2009 are expected to be published on or about 6 November 2009.
30 Oct 2009 15:59:41
(Media Comment)
Finweek reported that HCI CEO Johnny Copelyn admitted to shareholders at the company's AGM that he was anxious about the group's levels of debt. HCI's current portion of borrowings amounts to R1.45 billion and there is an additional R345 million listed under overdrafts. The company sold its minority stake in SunCoast casino in Durban to Tsogo Sun for R500 million in order to reduce debt. Copelyn admitted it was not such a great time to sell a good assent like SunCoast.
26 Oct 2009 15:50:13
(Official Notice)
Shareholders are advised that all resolutions were passed by the requisite majority of shareholders at the annual general meeting held today, 26 October 2009. The special resolution will be lodged with CIPRO for registration, in due course.
12 Oct 2009 17:53:15
(Official Notice)
Shareholders are referred to the announcement made on 2 July 2009, that Johnnic Holdings Ltd, a wholly owned subsidiary of HCI, had entered into an agreement with Tsogo Sun Gaming (Pty) Ltd pursuant to which HCI would decrease its indirect interest in Tsogo Sun KwaZulu-Natal (Pty) Ltd from 46.6% to 28%. Shareholders are advised that all the conditions precedent to the above transaction have been fulfilled.
01 Oct 2009 15:33:37
(Official Notice)
Shareholders are advised that the company's annual report for the year ended 31 March 2009 was posted to shareholders on 28 September 2009 and contains modifications to the reviewed results which were published on 15 May 2009.

*Assets valued at R277 million that had been classified as property, plant and equipment have now been classified as Intangible assets in the audited balance sheet, so as to more correctly reflect the nature of these assets.

*Prepaid expenses valued at R26 million that had been classified as long term receivables have now been offset against long term borrowings in the audited balance sheet.

*Assets valued at R2 million that had been classified as finance lease receivables have now been classified as long term receivables in the audited balance sheet.

*Assets valued at R2 million that had been classified as intangible assets have now been classified as long term receivables.



Assets valued at R4 million that had been classified as current assets have now been offset against the current liabilities in the audited balance sheet. The reclassifications have no impact on the earnings per share, headline earnings per share or net asset value per share. PKF (Jhb) Inc audited the annual financial statements of HCI and their report is available for inspection at the registered offices of the company.



Notice of the AGM

The notice of AGM was posted to shareholders on 28 September 2009 and notice is hereby given that the annual general meeting of the company will be held at 11:30 on Monday, 26 October 2009, at the offices of HCI, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town to transact business as stated in the notice of the annual general meeting.
02 Jul 2009 13:40:49
(Official Notice)
02 Jul 2009 12:03:08
(Official Notice)
Shareholders of HCI are advised that Tsogo Sun Gaming (Pty) Ltd, a wholly owned subsidiary of Tsogo Sun Holdings (Pty) Ltd, in which HCI has an effective 38% interest, has concluded the transaction with Century Resorts Ltd and Winlen Casino Operators (Pty) Ltd, for the acquisition of two South African operations, namely 100% of the Caledon Casino, Hotel, Spa in the Western Cape and 100% of the Century Casino Newcastle in KwaZulu-Natal, and assumed operational control of the casinos with effect from 30 June 2009. The transaction has been approved by the Western Cape Gambling and Racing Board, the South Africa Reserve Bank and the Competition Tribunal. The approval of the KwaZulu-Natal Gambling Board remains outstanding, however this requirement has been waived as a condition president to the transaction by Tsogo Sun. The inclusion of these operations in the Tsogo Sun portfolio provides additional geographic diversity and representation in casino and hotel operations for the group in markets not currently serviced by the existing Tsogo Sun Gaming and Southern Sun Hotel businesses. Tsogo Sun now owns and operates seven casinos directly and has a financial interest in an additional seven casino operations via the its 23% stake in Gold Reef Resorts, and a portfolio of 86 hotels in 8 countries, with an additional three hotels under construction.
12 Jun 2009 16:45:54
(Official Notice)
HCI shareholders are advised that the following changes have been made to the composition of the HCI Board of Directors :

* Certain executive directors who are responsible for the running of group subsidiaries have resigned from the HCI Board in order to focus their energies on the running of these subsidiaries. These directors are JA Mabuza, VE Mphande and A van der Veen.

* Mr A M Ntuli, a full time employee and director of Seardel Investment Corporation Ltd ("Seardel"), a HCI group subsidiary, resigns as he joins the executive management team of Seardel.

* The present CFO, Mr T G Govender is appointed as the group financial director with immediate effect.
08 Jun 2009 12:02:56
(Media Comment)
Finweek reported that HCI's relationship with diary giant Clover Industries has reached such a low point that the original BEE deal might be in jeopardy. HCI holds a 34.9% stake in Clover. It was originally believed that this would be a base from which HCI could grow its interests in the food sector. However there have been festering tensions between the two and HCI, especially over Clover's restructuring and recapitalisation plans.
02 Jun 2009 09:41:58
(Media Comment)
Finweek asked if is not time for HCI to list e.tv on the JSE. In the year to March 2009 e.tv put in a solid performance, showing gains in market share in television adspend as well as viewership. HCI's media interests are held in 63%-owned Sabido, through which it controls e.tv. Sabido lifted revenue by 20%, to R1.5 billion, with pre-tax profits slightly higher at R466 million (previously R459 million) for the year to March 2009.
14 May 2009 18:15:08
(C)
The group results reflect an overall increase of 27% in basic earnings attributable to HCI shareholders and a decline of 54% in headline earnings. No has been declared.
14 May 2009 09:36:01
(Official Notice)
HCI expects that for the year ended 31 March 2009, HCI's headline earnings will be between 250 cents and 260 cents per share compared to the prior year headline earnings of 555 cents per share, and the basic earnings per share will be between 885 and 895 cents per share compared to 702 cents per share in the prior year. The company's results are expected to be published on or about 14 May 2009.
23 Jan 2009 08:19:56
(Media Comment)
Business Report noted that HIC Khusela, in which HCI has is the main shareholder, will start producing coal before the end of March 2009. Hosken CE Johnny Copelyn commented that "we just weren't able to keep to the original timelines. Everything will be about six months slower". Production was supposed to have started in July 2008 from two mines being developed at a cost of R300 million.
22 Dec 2008 17:32:01
(Official Notice)
Shareholders of HCI are advised that Tsogo Sun Gaming (Pty) Ltd, a wholly owned subsidiary of Tsogo Sun Holdings (Pty) Ltd ("Tsogo Sun" or "the group"), in which HCI has an effective 38% interest, has reached agreements with Century Resorts Ltd and Winlen Casino Operators (Pty) Ltd, for the acquisition of two South African operations, namely 100% of the Caledon Casino, Hotel, Spa in the Western Cape and 100% of the Century Casino Newcastle in KwaZulu-Natal, for a total purchase consideration of R490 million including the assumption of existing debt in the operations. The transactions will be funded from existing Tsogo Sun Group resources and are subject to conditions precedent including approval of the various Gaming and Competition authorities and the South African Reserve Bank.



The inclusion of these operations in the Tsogo Sun portfolio will provide additional geographic diversity and representation in casino and hotel operations for the Group in markets not currently serviced by the existing Tsogo Sun Gaming and Southern Sun Hotel businesses. On conclusion of the transaction Tsogo Sun will own and operate seven casinos directly and have a financial interest in an additional seven casino operations via the recently announced acquisition of a 20% stake in Gold Reef Resorts Ltd, and a portfolio of 84 hotels in eight countries, with an additional three hotels under construction. Further announcements will be made in due course on the progress of the regulatory approvals.
15 Dec 2008 17:33:03
(Official Notice)
Shareholders of HCI are advised that the Gauteng Gambling Board has awarded a route operator's licence to Vukani Gaming Gauteng (Pty) Ltd ("Vukani Gauteng") to operate 1 000 limited payout gaming machines in the province of Gauteng. Vukani Gauteng is 69.4% owned by Vukani Gaming Corporation, a wholly owned subsidiary of HCI, and 30.6% owned by a local Gauteng black economic empowerment consortium.



The Gauteng licence is considered to be the most lucrative in the limited payout gaming industry as the per capita income in this province is the highest in the country. Vukani Gaming Corporation is now licensed in six provinces in South Africa, being Western Cape, Eastern Cape, Kwa-Zulu Natal, Limpopo, Mpumalanga and Gauteng with licences to operate a total of approximately 6 000 limited payout gaming machines.
13 Nov 2008 15:36:02
(C)
Revenue increased by 20% to R5 billion (R4.2 billion). EBITDA rose by 14% to R1.6 billion (R1.4 billion) and operating profit was up 12% to R1.3 billion (R1.1 billion). Nevertheless, attributable earnings were down by 51% to R207.2 million (R421.7 million) and headline earnings fell by 45% to 121.07cps (221.78cps).



Dividend

No dividend has been declared.
11 Nov 2008 17:16:50
(Official Notice)
HCI's shareholders are informed that it is expected that HCI's headline earnings per share for the six months ended 30 September 2008 will be between 120 cents and 130 cents, compared to 227 cents last year, and the basic earnings per share will be between 160 cents and 170 cents, compared to 339 cents last year. The drop in both the headline earnings per share and basic earnings per share is primarily due to the following non cash, non recurring charges to the group income statement. The company's results for the six months ended 30 September 2008 are expected to be published on or about 13 November 2008.
24 Oct 2008 14:07:46
(Official Notice)
Shareholders are advised that all resolutions were passed by the requisite majority of shareholders at the annual general meeting held today, 24 October 2008. The special resolution will be lodged with the Registrar of Companies for registration, in due course.
16 Oct 2008 16:56:45
(Official Notice)
Shareholders of HCI are referred to the announcement published by HCI on SENS and in the press on 9 October 2008 where it was announced that Mainstreet 581 (Pty) Ltd ("Mainstreet"), an indirect wholly-owned subsidiary of Tsogo Sun Holdings (Pty) Ltd ("TSH"), had entered into an agreement with certain shareholders of Gold Reef pursuant to which TSH's interest in Gold Reef will be increased from approximately 4.86% to 19.87% of the issued share capital of Gold Reef. As a result of the transaction, HCI's indirect interest in Gold Reef (via TSH) will increase to 7.55%.



Shareholders were previously advised that the effective date of the transaction will be on registration of transfer of the share certificates into the name of Mainstreet and that Gold Reef has sought to prevent this. Shareholders are now advised that Gold Reef has consented to the transfer of the shares into the name of Mainstreet. Accordingly the transaction has now been implemented with the shares being registered in Mainstreet`s name today and 75% of the purchase consideration being paid.
09 Oct 2008 17:08:47
(Official Notice)
HCI has an indirect interest, through various subsidiaries, in 38% of the issued share capital of Tsogo Sun Holdings (Pty) Ltd ("TSH"). Shareholders of HCI are advised that Mainstreet 581 (Pty) Ltd ("Mainstreet"), an indirect wholly-owned subsidiary of TSH, has entered into an agreement with certain shareholders of Gold Reef pursuant to which TSH's interest in Gold Reef will be increased from approximately 4.86% to 19.87% of the issued share capital of Gold Reef. As a result of the transaction, HCI's indirect interest in Gold Reef (via TSH) will increase to 7.55%. HCI has publicly stated its intention to increase its investment in gaming related activities. The transaction will assist the HCI group, via TSH, in achieving this objective.
23 Sep 2008 15:36:23
(Official Notice)
Shareholders are advised that the company's annual report for the year ended 31 March 2008 was posted to shareholders on 23 September 2008 and contains modifications to the reviewed results which were published on 15 May 2008:

*Certain assets that had been classified as property, plant and equipment in the reviewed results have now been classified as intangible assets in the audited balance sheet, so as to more correctly reflect the nature of these assets, and;

*Certain deferred tax liabilities that had not been offset against deferred tax assets in the reviewed results have now been offset against deferred tax assets in the audited balance sheet, and;

*A loan to a joint venture that had been classified as a long term receivable in the reviewed results has now been classified as an investment in joint ventures in the audited balance sheet, and;

*Certain financial assets that had been classified as non-current in the reviewed results have now been classified as current in the audited balance sheet.

PKF (Jhb) Inc audited the annual financial statements of HCI and their reports are available for inspection at the registered offices of the company.



The notice of annual general Meeting was posted to shareholders on 23 September 2008 and notice is hereby given that the annual general meeting of the company will be held at 11:00 on Friday, 24 October 2008, at the offices of HCI, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town to transact business as stated in the notice of the annual general meeting.
17 Sep 2008 17:12:49
(Official Notice)
Further to the circular posted to Johnnic shareholders on Monday, 4 August 2008 ("440K circular") and the announcement released on SENS on Monday, 18 August 2008 and published in the press on Tuesday, 19 August 2008, Mercanto confirms that it will, in terms of section 440K(I) of the Companies Act No 61 of 1973, as amended, compulsorily acquire the remaining Johnnic shares that the HCI Group do not already own with effect from the commencement of trade on the JSE on Tuesday, 16 September 2008, for the cash consideration of R16.75 per Johnnic share. The listing of Johnnic shares on the JSE will be terminated with effect from the commencement of trade on the JSE on Thursday, 25 September 2008.
09 Sep 2008 17:09:44
(Official Notice)
27 Aug 2008 17:25:26
(Official Notice)
Mr T G Govender has resigned as company secretary with immediate effect. HCI Managerial Services (Pty) Ltd has been appointed in his stead.
18 Aug 2008 14:12:02
(Official Notice)
Johnnic Holdings Ltd ("Johnnic") shareholders were referred to the offer circular posted to Johnnic shareholders on Monday, 21 July 2008 (the "offer circular"). At 12:00 on Friday, 15 August 2008, the closing date of the offer, Mercanto had received acceptances from Johnnic shareholders in respect of 52 770 143 Johnnic shares equating to 96.16% of the Johnnic shares in issue, other than those already held by the HCI group prior to the opening of the offer.



Johnnic shareholders were also referred to the circular incorporating a notice in terms of section 440K of the Companies Act which was posted to Johnnic shareholders on Monday, 4 August 2008 (the "440K circular"). The listing of Johnnic shares on the JSE will be terminated with effect from the commencement of trade on the JSE on Thursday, 25 September 2008, unless an application is made to the High Court of South Africa (the "court") to prevent the compulsory acquisition of the remaining Johnnic shares and the court orders that Mercanto shall not be entitled to invoke the compulsory acquisition of the remaining Johnnic shares or the court imposes conditions or terms which are different from those in the offer circular read together with the 440K circular.
04 Aug 2008 15:54:35
(Official Notice)
23 Jul 2008 17:44:34
(Official Notice)
17 Jul 2008 17:45:49
(Official Notice)
Shareholders are referred to the firm intention and withdrawal of cautionary announcement released by HCI and Johnnic on the SENS on Tuesday, 8 July 2008 and published in the press on Wednesday, 9 July 2008, wherein shareholders were informed of HCI, through its wholly-owned subsidiary, Mercanto Investments (Pty) Ltd, having expressed a firm intention to the board of directors of Johnnic to make an offer to acquire all the shares in the issued share capital of Johnnic, other than the shares already owned by the HCI group, in accordance with and as contemplated by the Securities Regulation Code on Take-overs and Mergers and the Rules of the Securities Regulation Panel. The conditions precedent to the offer have now been fulfilled and the offer will therefore be unconditional on the opening date.
08 Jul 2008 15:36:04
(Official Notice)
Shareholders are referred to the announcements released by HCI and Johnnic on SENS on Friday, 27 June 2008 and published in the press on Monday, 30 June 2008. Pursuant to the HCI group's strategic objective to increase its shareholding in Johnnic, HCI has, through its wholly-owned subsidiary, Mercanto Investments (Pty) Ltd, expressed a firm intention to the board of directors of Johnnic to make an offer to acquire all the shares in the issued share capital of Johnnic, other than the shares already owned by the HCI group, in accordance with and as contemplated by the Securities Regulation Code on Take-overs and Mergers and the Rules of the Securities Regulation Panel. The offer will be subject to the fulfilment or written waiver by the offeror of the conditions precedent.



The offeror hereby offers to acquire all the offer shares for an offer consideration of R16.75 per Johnnic share, in respect of which it receives valid acceptances prior to the closing date of the offer, which will be announced on SENS and published in the press in due course. The cash consideration and combined share and partial cash consideration represents a premium of 72.7% and 69.6% to the closing Johnnic share price and 42.5% and 40.3% respectively to the 30 day volume weighted average price of a Johnnic share on the JSE at the close of business on Thursday, 26 June 2008, being the day immediately prior to the release of the cautionary announcement by Johnnic regarding the offer.



A circular containing the detailed terms of the offer will be posted to Johnnic shareholders in due course. Johnnic shareholders are advised that the cautionary announcement released on SENS on 27 June 2008 is hereby withdrawn.
01 Jul 2008 17:56:45
(Official Notice)
HCI subsidiary, HCI Khusela Coal (Pty) Ltd ("HKC"), has been granted mining authorisation by the Department of Minerals and Energy for two of its mining operations. HKC is 80% owned by HCI and 20% owned by Khusela Women Investments (Pty) Ltd. The two new mines are named Palesa (formerly Loopspruit) and Mbali (formerly named Klippoortjie). HKC will invest approximately R300 million in the development of the two new mines, including the construction of two coal processing plants. Both mines are open cut strip mines with strip ratios well within industry norms. Mining operations commenced the first week of June 2008 with earth-moving activities to prepare for the opening of a box-cut on Mbali. The Palesa mine already has a mining pit in place and mining activities will continue from there. The mining rights for both properties have been executed. It is expected that coal will be supplied to customers from the end of July 2008. The coal processing plants are being constructed and commissioning is expected in October 2008. Palesa will supply coal product into the domestic market and a coal supply agreement has been concluded with Eskom. The Mbali mine is located outside Ogies, and is a multi-product mine. For the export product HKC has secured coal supply agreements with international customers. The Mbali middlings product has been sold to Eskom under contract. Total production from both mines, on an annualised basis at full production, will be about 4 million tons ROM. It is expected that the capacity will be fully operational by the calendar year end. The company's third project, Nokuhle is underway. The bankable feasibility is being prepared and it is anticipated that a mining right will be applied for in August. It is expected that this mine will also be a multi-product mine.
27 Jun 2008 09:39:30
(Official Notice)
HCI has undertaken to acquire from Coronation its 28.6% shareholding in Johnnic for a consideration of R16.75 per Johnnic ordinary share. In terms of the Acquisition, HCI will acquire the entire shareholding of Coronation of 47 654 721 ordinary shares in Johnnic. The HCI board of directors is considering making the Potential Offer to all Johnnic minority shareholders on the following basis:

* R16.75 per Johnnic ordinary share in cash; or

* R15.11 in cash and 0.02084876 HCI ordinary shares for every Johnnic ordinary share held.



Further details in this regard will be provided in due course.
15 May 2008 18:23:36
(C)
Increases in revenue, EBITDA and operating profits in the group's media and gaming subsidiaries, together with the effects of the recent acquisitions in these sectors have resulted in increases in both headline profits (up 35%) and adjusted headline profits (up 37%) for the year when compared to the prior year. Headline earnings increased during the period to R689.5 million from R509.8 million in the prior year. An ordinary dividend of 60c per HCI share have been declared.
13 May 2008 17:20:38
(Official Notice)
HCI shareholders are informed that it is expected that for the year ended 31 March 2008, HCI's headline earnings per share will be between 30% to 35% higher when compared to the prior year, and the basic earnings per share will be between 45% to 55% higher when compared to the prior year. The above information has not been reviewed or reported on by the company's auditors. The company's results are expected to be published on or about 15 May 2008.
25 Apr 2008 15:57:50
(Official Notice)
HCI shareholders are referred to the cautionary announcement dated 11 April 2008 and are advised that as negotiations have been terminated, caution is no longer required to be exercised by shareholders when dealing in their HCI securities.
11 Apr 2008 11:26:40
(Official Notice)
Further to the cautionary announcement dated 28 February 2008, shareholders are advised that negotiations are still in progress which, if successfully concluded may have a material effect on the price of HCI's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in HCI's securities until a full announcement is made.
01 Apr 2008 17:02:30
(Official Notice)
HCI shareholders are advised that Mr Rakesh Garach has been appointed as an independent non-executive director of HCI with immediate effect.
28 Feb 2008 09:43:18
(Official Notice)
Shareholders are advised that HCI has entered into discussions, which, if successfully concluded, may have a material effect on the price at which the HCI`s securities trade on the JSE Limited. Accordingly, shareholders of HCI are advised to exercise caution when dealing in the company?s securities until a further announcement is made.
15 Nov 2007 12:48:16
(C)
Hosken reported interim results to 30 September 2007. Group revenue increased by 236% to R4 247m (2006: R1 262m) compared to the prior year for the same period. Headline earnings increased during the period to R284 million from R237 million in the prior comparative period. Basic earnings per share amounted to 340 cents for the period (2006: 223.7cps). This represents a 52% increase when compared to the prior comparable period.



Dividends

No dividend was declared for the period under review.

26 Jul 2006 14:45:59
(Official Notice)
Shareholders are advised that all resolutions to approve the grant of options to Fabvest Investment Holdings to subscribe for shares in HCI and the specific repurchase of 300 000 HCI shares from the Bevin Trust were passed by the requisite majority of shareholders at the general meeting held today, 26 July 2006.
26 Jun 2006 17:06:37
(Official Notice)
Shareholders are advised that Mr Jabulane Albert Mabuza has been appointed as a non-executive director of HCI with immediate effect. Mr Mabuza currently holds the position of Managing Director of Tsogo Sun Gaming (Pty) Ltd, a subsidiary of the Tsogo Sun Group of Companies. Mr Mabuza will be classified as an executive director of HCI once HCI obtains control of the Tsogo Sun Group of Companies.
26 Jun 2006 15:40:32
(C)
Group revenue for the year increased to R2 111.9 million (R1.348.3 million) and trading income quadrupled to R379.7 million (R97.19 million). Attributable income, however, decreased to R231.2 million (R605.3 million). Basic earnings per share amounted to 192.9c (572.6c) for the year. Headline earnings decreased during the year from R352.3 million to R210.3 million or 175.49c per share (333.36c per share).



Dividend

Due to the need to retain funds for the acquisitions and operations of the group the directors have decided not to declare any dividends for the year under review.
21 Jun 2006 12:48:55
(Media Comment)
The Fabcos Trust (a 91% stakeholder in Fabvest) walked out of a meeting held on Monday, 19 June 06, in which Fabvest shareholders voted to approve the HCI deal. The trust wanted to propose a motion to replace all Fabvest's directors due to concerns over poor governance, but the request was vetoed. All remaining shareholders voted in favour of the HCI deal. The Fabcos Trust will be turning to the Johannesburg High Court in an attempt to declare the ruling at the meeting nul and void, which could lead to further delays for HCI in terms of consolidating its hold on the gaming asset Tsogo Sun.
16 May 2006 15:35:55
(Official Notice)
HCI shareholders are advised that the company has entered into an agreement with the Trustees of the Bevin Trust for the specific repurchase by HCI of 300 000 HCI ordinary shares from the Bevin Trust subject to certain terms and conditions. The repurchase shares will be acquired and cancelled in accordance with the provisions of Section 85 of the Companies Act of 1973, as amended and the Listings Requirements of the JSE. The consideration for the acquisition of the repurchase shares by HCI is R11.7 million (R39 per HCI share). The consideration is to be discharged in cash from the company's existing resources by no later than the fifth business day following the Effective Date. Interest on the consideration is payable at First National Bank's overnight call rate should it not be discharged by 1 July 2006.



The repurchase transaction is subject to the following suspensive conditions :

*an independent professional expert furnishes an opinion that the repurchase transaction is fair and reasonable to HCI;

*the repurchase transaction is approved and an appropriate resolution is passed to such effect by HCI shareholders in general meeting;

*he resolution is duly registered by the Registrar of Companies;

*to the extent required by and in accordance with the Companies Act of 1973, as amended and the Listing Requirements of the JSE.

A detailed Circular incorporating a notice of general meeting will be posted to HCI shareholders in due course.
26 Apr 2006 17:03:10
(Official Notice)
13 Apr 2006 12:23:46
(Official Notice)
HCI has entered into an agreement with Andre van der Veen for the acquisition of certain assets and/or any future rights/claims to such assets. The assets that are to be acquired are :

*a 4% interest in Formex Industries (Pty) Ltd ,

*a 1.5% interest in Golden Arrow Bus Services (Pty) Ltd

*a 4% interest in Johnson Access (Pty) Ltd,

*a 1.83% interest in Ritzshelf 72 (Pty) Ltd,

*a 2.5% interest in Rowan Tree 4 (Pty) Ltd and

*a 4.42% interest in Tylon Holdings (Pty) Ltd

The Vendor has an interest and a right to the acquisition interests as a result of certain co-investment rights that were historically granted to and exercised by the Vendor. In terms of the transaction, the Vendor will swap the acquisition interests for 600 000 new HCI shares. Implementation of this transaction will result in HCI holding an effective interest of 80% in Formex, 100% in GABS, 80% in Johnson Access, 100% in Ritzshelf 72, 100% in Rowan Tree 4 and 88% in Tylon; without the Vendor holding any right, title, interest or claim to the acquisition interests. The consideration payable by HCI for the acquisition of the acquisition interests is to be discharged by delivering to the vendor 600 000 ordinary issued shares in its capital with immediate effect.
13 Apr 2006 12:19:51
(Official Notice)
HCI has entered into agreements with the Trustees for the time being of the Bevin Trust, Karen Judy Slabbert and Willem Hendrik Van Schalkwyk for the acquisition of a further 5% effective interest in Vukani Gaming Corporation (Pty) Ltd. The shareholding in GPT Holdings is effectively held as to 95% by HCI and 5% by the Vendors. In terms of the agreements, the vendors will swap their 5% interest in GPT Holdings for 500 000 new HCI shares and a further 250 000 new HCI shares should certain profit warranties in Vukani be met. Implementation of this transaction will result in HCI owning 100% of GPT Holdings and indirectly 100% of Vukani. The financial effects of the transaction on the published consolidated unaudited results of HCI for the 6 months ended 30 September 2005 are not significant.
30 Mar 2006 16:22:18
(Official Notice)
Mr Andre van der Veen has been appointed an executive director of the HCI with immediate effect.
25 Jan 2006 12:29:15
(Official Notice)
Shareholders approved the specific share repurchase of 2 million HCI shares at the general meeting held on 25 January 2006
03 Jan 2006 16:31:45
(Official Notice)
HCI entered into a settlement agreement with The Stanislaus Trust whereby HCI was granted the right to purchase 2 000 000 HCI shares from The Stanislaus Trust before 31 January 2006 at R27.00 per share. The Stanislaus Trust also agreed to sell all its equity interest in companies in the HCI Group to HCI, including (but not limited to) 4% in Formex Industries (Pty) Ltd, 4% in Johnson Access (Pty) Ltd, 5% in Ritzshelf 72 (Pty) Ltd, 5% in Rowan Tree 4 (Pty) Ltd and 4.5% in Tylon Holdings (Pty) Ltd, but excluding Mr Gavin O'Connor's bare dominium assets (Mettle Property Investments (Pty) Ltd and Ligitprops 109 (Pty) Ltd) and the Stanislaus Trust's HCI Shares for an aggregate purchase consideration of R5 million. The transaction is defined as a related party transaction as Gavin O'Connor is a beneficiary of the Stanislaus Trust and a former director of a major subsidiary of HCI, therefore requiring a fair and reasonable opinion by an independent expert. The transaction was found to be fair and reasonable to the shareholders of HCI. The HCI board believes that the repurchase consideration represents an attractive price at which to acquire HCI shares and that the specific share repurchase will be earnings enhancing for HCI in the short, medium and long- term.



Terms of the specific share repurchase

The share repurchase consideration of R54 million is equivalent to 2 700cps and, should the Call Option be exercised, will be settled in cash and from the HCI Group's existing cash resources. Subsequent to the implementation of the specific share repurchase, the repurchased shares will be cancelled as issued shares and will revert to authorised but unissued share capital. The share repurchase will be made before 31 January 2006 and the repurchased shares will be cancelled immediately thereafter.



Notice of general meeting

The general meeting of HCI shareholders will take place at the registered office of e.tv, 5 Summit Road, Dunkeld, Johannesburg on Wednesday, 25 January 2006 at 10h00, in order to consider and, if deemed fit, pass, with or without modification, the resolutions required as set out in the notice of general meeting attached to and forming part of the circular posted to shareholders on 3 January 06.
07 Dec 2005 15:55:38
(Official Notice)
The shareholders of HCI and Johnnic are referred to the announcement dated 5 December 2005 in relation to the mandatory offer extended by HCI. HCI announces that the Competition Tribunal approved the merger between Mercanto and Johnnic on Wednesday 7 December 2005. The Competition Tribunal has stipulated a condition that HCI undertake to procure that Johnnic disposes of the Gallagher Estate Exhibition and Conference Centre and/or Johnnic's entire shareholding in Gallagher Estate Holdings Ltd within 12 months of the Tribunal's decision, or such later period as the Tribunal may, on application by HCI, approve. HCI gave an undertaking to the Tribunal on 7 December 2005 that it will effect the required disposal, and in the circumstances intends to comply with such term of the approval within the time period stipulated by the Tribunal. As a result, the offer is now unconditional and the Johnnic shareholders who accepted the offer will receive their elected offer consideration within the time periods set out in the announcement released on the SENS on 17 November 2005.
05 Dec 2005 14:47:55
(Official Notice)
The shareholders of HCI and Johnnic are referred to the announcements published by HCI on SENS of the JSE on Monday, 1 August 2005, Friday, 5 August 2005 and Thursday, 17 November 2005 as well as the circular dated Monday, 1 August 2005 detailing the terms of the mandatory offer ("the offer") extended by HCI, through its wholly-owned subsidiary, Mercanto Investments (Pty) Ltd, to Johnnic ordinary shareholders, other than HCI or its subsidiaries, to acquire the remainder of the issued ordinary shares in the capital of Johnnic not owned by HCI and its subsidiaries.



Results of the offer

As at 12:00 pm on Friday, 2 December 2005, the closing date of the offer, valid acceptances of the offer had been received in respect of 11 082 782 offer shares representing approximately 6.7% of the entire issued share capital of Johnnic. Of the 11 082 782 valid acceptances, 157 557 offer shares were tendered in terms of the cash consideration election, and 10 925 225 offer shares were tendered in terms of the share consideration election. Johnnic shareholders who elected to receive their offer consideration in terms of the share consideration election detailed in the offer circular will be receiving the maximum allocation of one HCI share issued for every 2.57 offer shares tendered. As a result HCI will issue 4 251 060 ordinary shares in terms of the share consideration election. HCI, through Mercanto, currently owns approximately 39.8% of the ordinary shares in Johnnic. Accordingly, subject to the fulfilment of the condition precedent, HCI will own approximately 46.5% of the entire issued share capital of Johnnic.



On 4 November 2005, the Competition Commission recommended to the Competition Tribunal that the merger between HCI and Johnnic be unconditionally approved. The Competition Tribunal has set this matter down for hearing on Tuesday, 6 December 2005. The offer will remain conditional until the date of the approval of the merger by the Competition Authorities. The decision of the Competition Tribunal will be announced on SENS and in the press as soon as it has been notified to HCI.
01 Dec 2005 15:31:19
(Official Notice)
Shareholders are advised that all resolutions were passed at the annual general meeting held on 1 December 2005 and the special resolutions will accordingly be lodged with the Registrar of Companies for registration.
28 Nov 2005 16:54:58
(C)
The group's turnover increased to R895 million (R635 million). Although trading profit more than doubled the previous comparative period to R130.7 million (R62.1 million), profit before tax dropped to R261.9 million (R376.4 million) mainly due to an increase in financing costs at R38.2 million (R0.4 million) and transaction costs and raising fees of R44.4 million. Basic earnings per share amounted to 131.88c (326.85c) and headline earnings per share rose from 75.1c to 128.7c.



Dividend

Due to the need to retain funds for the acquisitions and operations of the group the directors have decided not to declare any dividends for the period under review.



Prospects

Given the buoyant advertising spend market, e-TV is well positioned to deliver similar levels of growth over the next six months. Vukani presently operates limited payout gambling machines as a route operator under licence from four provincial gaming boards with operations in KwaZulu- Natal expected to commence shortly. The company has recently been awarded a further license in the Limpopo region. The licence is the only operator license to be issued in the region and as such is of significant value to the company. Mettle is in the process of building substantial new businesses under its wing. These include Mettle Motor Loans which provides loan finance to purchasers of motor vehicles and Mettle Factors which provides loans to facilitate inter alia fixed property transactions. The debtors books in these businesses have grown to approximately R50 million to date and are geared. It is expected that these businesses will have excellent growth potential in the coming years and are expected to become meaningful contributors to group profits in future years.
25 Nov 2005 08:24:22
(Official Notice)
HCI`s shareholders are informed that it is expected that HCI`s headline earnings per share for the six months ended 30 September 2005 will be between 115c and 140c, compared to 94c last year, and the basic earnings per share will be between 120c and 140c, compared to 346c last year.
17 Nov 2005 16:49:25
(Official Notice)
The shareholders of HCI and Johnnic are referred to the announcements published by HCI on SENS on Monday, 1 August 2005 and Friday, 5 August 2005 as well as the circular dated Monday, 1 August 2005 detailing the terms of the mandatory offer extended by HCI, through its wholly-owned subsidiary, Mercanto Investments (Pty) Ltd ("Mercanto"), to Johnnic ordinary shareholders, other than HCI or its subsidiaries, to acquire the remainder of the issued ordinary shares in the capital of Johnnic not owned by HCI and its subsidiaries.



The offer circular provides that the closing date of the offer, beyond which the offer will not extend, will be announced on SENS and in the press, after requisite approval from the Securities Regulation Panel ("SRP"), at least 14 days prior to the closing date. HCI has announced that the offer closing date for acceptance of the offer is 12:00, Friday, 2 December 2005. Accordingly the offer shall close for acceptance at 12:00 on Friday, 2 December 2005, and may not be accepted after this date. There will be no extension of this closing date. Johnnic shareholders that wish to accept the offer must accordingly do so by not later than this date. Johnnic shareholders are reminded that they cannot trade in any Johnnic shares that they have tendered in terms of the offer. The payment of the offer consideration will be made to Johnnic shareholders after the fulfilment of the offer condition precedent.
24 Oct 2005 17:42:10
(Official Notice)
The shareholders of HCI and Johnnic are referred to the announcement published by HCI on SENS on Friday, 5 August 2005 detailing the terms of the mandatory offer extended by HCI, through its wholly-owned subsidiary, Mercanto Investments (Pty) Ltd, to Johnnic ordinary shareholders. As announced on 5 August 2005 irrevocable commitments were received from Johnnic shareholders holding 5 161 660 ordinary shares in the issued share capital of Johnnic to accept the offer. Additional irrevocable commitments have been received from Johnnic shareholders holding 3 860 170 ordinary shares in the issued share capital of Johnnic to accept the offer in respect of their entire shareholding. Accordingly HCI holds irrevocable commitments to accept the offer from Johnnic shareholders that collectively hold approximately 5.4% of the ordinary shares in the issued share capital of Johnnic.
29 Sep 2005 12:30:00
(Official Notice)
The annual general meeting of the company will be held at 10:00 on Thursday, 1 December 2005, at the offices of e-tv, 5 Summit Road, Dunkeld, Johannesburg.
28 Sep 2005 08:24:57
(Media Comment)
HCI prevented Johnnic from implementing it's share-buy-back scheme by voting it's 40% right at Johnnic's general meeting that was held on 26 September 2005. However, HCI did not interfere when it came to the re-election of the existing directors of Johnnic allowing Connie Molusi and Patrick Burton to be voted on to the board again.

23 Sep 2005 17:13:14
(Official Notice)
The Competition Tribunal today, 23 September 2005 dismissed Johnnic`s application, with costs, to prevent Hosken Consolidated Investments (HCI) from implementing a merger with Johnnic. Johnnic sought an order declaring that HCI had implemented a large merger with Johnnic without prior approval by the competition authorities. Specifically, Johnnic asked the Tribunal to interdict HCI from implementing the transaction, voting such shares or acquiring further shares in Johnnic Holdings. HCI opposed the application. The matter was heard by the Tribunal on 22 September 2005.
19 Sep 2005 16:40:20
(Official Notice)
Shareholders are referred to the announcement dated 24 June 2005 regarding HCI`s acquisition of 25.1% of Clover Industries Ltd and are informed that all conditions precedent relating to the acquisition have now been fulfilled. The relevant special resolutions are in the process of being lodged with the Registrar of Companies for registration.
19 Sep 2005 15:09:45
(Official Notice)
19 Sep 2005 14:47:11
(Media Comment)
The deal between Clover Industries and HCI was approved by Clover shareholders. According to Business Report in terms of this agreement HCI would acquire 25.1% of Clover for R91.8 million.

18 Aug 2005 16:47:56
(Official Notice)
HCI shareholders are informed that Yunis Shaik has been appointed as a non executive director of HCI with effect from 18 August 2005. Mr Shaik is a former Deputy General Secretary of SACTWU and a director of Workers` College and has served as the Senior Commissioner to the CCMA in Kwa Zulu Natal. He is an attorney of the High Court and is presently in private practice.
16 Aug 2005 17:17:52
(Official Notice)
Whilst HCI has not yet had the opportunity of considering in detail the circular to Johnnic shareholders that Johnnic has circulated on the 16 August 2005 in response to the mandatory offer that HCI has made to Johnnic shareholders, HCI has the following comments on the response:



Firstly, HCI remains of the view that its offer is a fair and reasonable one offering what HCI considers an attractive proposition to Johnnic shareholders. In this connection HCI has recently purchased approximately 40% of all the shares in Johnnic on the open market and the highest price that it paid was 975c per share. HCI`s revised offer of 1070c per share is considerably higher and includes an attractive share alternative where HCI shares which are trading on the JSE at 3100c may be taken at 2750c. This equates to a consideration well within the upper end of the range determined to be fair and reasonable by Johnnic`s independent advisor. HCI has also received irrevocable undertakings from an additional 3% of Johnnic shareholders to accept the revised offer.



Secondly, whilst HCI appreciates that the Johnnic board of directors must furnish the Johnnic shareholders with its view and attitude to the offer, HCI is disappointed with the numerous negative statements that the Johnnic board has made in its response concerning HCI, its largest single shareholder. These views have been expressed without any consultation with HCI. Although Johnnic`s independent advisor has stipulated that it is not in a position to advise on HCI`s share offer, the Johnnic board has had no hesitation in expressing negative views on HCI and its shares.



Thirdly, HCI confirms its commitment to proceeding with its offer and bringing it to closure as soon as possible. HCI is seeking the requisite regulatory approvals for implementation of its offer and intends to close the offer once these are obtained. The intervention of Johnnic in these processes will serve only to prejudice Johnnic shareholders.
05 Aug 2005 11:14:54
(Official Notice)
01 Aug 2005 14:36:00
(Official Notice)
28 Jul 2005 15:06:18
(Official Notice)
HCI shareholders are referred to the HCI announcement dated Thursday, 7 July 2005 in which it was stated that HCI intended convening a general meeting of the shareholders of HCI to approve the mandatory offer by HCI`s wholly-owned subsidiary, Mercanto Investments (Pty) Ltd, to acquire all (or part) of the issued shares in the capital of Johnnic that HCI and its subsidiaries do not already own (`the offer`). A circular containing the notice of such general meeting was posted to HCI shareholders on Wednesday, 13 July 2005. At the general meeting held on Thursday, 28 July 2005, the requisite majority of HCI shareholders approved the resolutions necessary to authorise the offer.
15 Jul 2005 17:06:17
(Official Notice)
Shareholders are referred to the HCI announcement published on SENS on Monday, 23 May 2005 in relation to the proposed acquisition (`Fabvest Acquisition`) by HCI of Fabvest Investment Holdings Ltd (`Fabvest`). In this announcement, among other things, it was stated that Fabvest had sold an additional 25% of all the issued shares in the capital of Fabcos Investment Holding Company Ltd (`FIH`) to Johnnic Holdings Ltd (`Johnnic`) subject to the fulfillment of certain conditions precedent (`the Second Tranche Sale`). Johnnic shareholders were advised in an announcement published on SENS on Friday, 1 July 2005 that the remaining conditions precedent relating to the Second Tranche Sale were fulfilled on 30 June 2005. HCI received a letter from the attorneys acting on behalf of Fabvest, on 7 July 2005, stating that Fabvest had instructed their attorneys that one of the suspensive conditions to the Second Tranche Sale had not been fulfilled, and accordingly, that the Second Tranche Sale shall never become effective. Johnnic has disputed Fabvest`s contention that the Second Tranche Sale has lapsed. HCI has been informed that Johnnic and Fabvest are in the process of referring the dispute to arbitration. If, as Fabvest contends, the Second Tranche Sale has lapsed, then Fabvest retains 75% of the issued share capital of FIH and Johnnic the remaining 25%. If, as Johnnic contends, the Second Tranche Sale has come into effect, then after implementation of the Second Tranche Sale Johnnic will hold 50% of the issued share capital of FIH and Fabvest the remaining 50%. Should the Fabvest Acquisition become unconditional, HCI would have an effective indirect interest of:

*approximately 60% in Tsogo Investment Holding Company (Pty) Ltd (`TIH`), if the Second Tranche Sale has lapsed; and

*approximately 51% in TIH, if the Second Tranche Sale has become effective.



HCI shareholders will be advised of any further developments in this regard.
14 Jul 2005 17:45:27
(Official Notice)
HCI made a firm intention announcement on 7 July 2005 that it had increased its interest in Johnnic to approximately 40% of Johnnic`s issued share capital and consequently it is required to make a mandatory offer to the remaining shareholders of Johnnic in terms of the Securities Regulation Code on Take-overs and Mergers and the Rules of the Securities Regulation Panel. Various comments and statements have been made and/or reported in the press relating to the offer and the offer price. HCI wishes to clarify that it reserves the right to increase the offer price if it becomes desirable to do so in the future. Accordingly, none of the reported comments or statements should be construed as a `no increase` statement and, to the extent that they may be so construed, this is incorrect and such comments and statements are hereby withdrawn.

07 Jul 2005 15:28:25
(Official Notice)
Shareholders are referred to the announcement published on SENS on Friday, 1 July 2005 in which it was announced that pursuant to HCI`s previous acquisition of an approximate 30% shareholding in Johnnic, HCI increased its holding to approximately 40% of the issued share capital of Johnnic through the acquisition from Gold Reef Casino Resorts Ltd (`GRC`) of 16 499 321 Johnnic shares, including the right to all dividends and other distributions subsequent to 1 July 2005, at a price of 975cps, being the highest price that HCI has paid for Johnnic shares. As HCI is now the holder of more than 35% of the issued share capital of Johnnic, in terms of the Securities Regulation Code on Take-overs and Mergers and the Rules of the Securities Regulation Panel (`SRP`), a mandatory offer (`the offer`) must be extended by HCI to Johnnic shareholders, other than HCI, to acquire the remainder of the Johnnic shares (`offer shares`).

Subject to conditions precedent, HCI intends to offer to acquire all or part the offer shares at a price of 975cps. The offer shares will be acquired with the right to all dividends and other distributions subsequent to 1 July 2005. In the event that acceptances in terms of the offer are received in respect of not less than nine-tenths of the offer shares, HCI intends to invoke the provisions of section 440K of the Companies Act in order to acquire the offer shares in respect of which acceptances have not been received, compulsorily. In these circumstances, it is the intention of HCI to effect the delisting of Johnnic from the JSE as soon as reasonably practicable after the implementation of the offer.



The SRP has been furnished with written confirmation that HCI has sufficient cash resources and / or facilities with which to meet its obligations in terms of the offer. HCI has received irrevocable commitments from approximately 51% of its shareholders to approve the offer. HCI has confirmed to GRC that it is agreeable to supporting GRC, should GRC make an offer to acquire the shares in Tsogo Sun Holdings (Pty) Ltd, on such terms as may be negotiated with SABSA Holdings (Pty) Ltd, subject to certain conditions, and HCI will not compete with such offer. An offer document containing further information regarding the offer will be posted to shareholders of Johnnic.
07 Jul 2005 15:18:11
(Official Notice)
Shareholders are referred to the announcement published on the SENS on Friday, 1 July 2005. On 4 April 2005 HCI shareholders were advised that HCI had acquired, via a wholly owned subsidiary, a 20.7 % interest in Johnnic Holdings Ltd (`Johnnic`). Shareholders are advised that a further 9.1% interest in Johnnic (15 180 535 shares) was acquired by the group in various tranches on the open market commencing on 19 April 2005, with the last purchase taking place on 23 May 2005 at an average price of R9.50 per Johnnic ordinary share, amounting to a total cash consideration of R145.1m. The cash consideration was funded out of medium term debt facilities. As announced in the press on 1 July 2005 HCI acquired a further 16 499 321 shares from Gold Reef Casino Resorts Ltd (`GRC`) at a price of R9.75 per Johnnic ordinary share, amounting to a total cash consideration of R160.8m. The cash consideration was funded out of medium term debt facilities. (collectively the `acquisitions`) HCI has confirmed to GRC that it is agreeable to supporting GRC, should GRC make an offer to acquire the shares in Tsogo Sun Holdings (Pty) Ltd, on such terms as may be negotiated with SABSA Holdings (Pty) Ltd, subject to certain conditions, and HCI will not compete with such offer. As HCI is now the holder of more than 35% of the issued share capital of Johnnic, in terms of the Securities Regulation Code on Take-overs and Mergers and the Rules of the Securities Regulation Panel (`SRP`), a mandatory offer (`the offer`) must be extended by HCI to Johnnic shareholders, other than HCI, to acquire the remainder of the Johnnic shares. HCI intends convening a general meeting of the shareholders of HCI to approve the offer. A circular containing the notice of such general meeting and further information relating to the offer will be posted to the shareholders of HCI in due course.



HCI shareholders are referred to the cautionary announcement, dated 1 July 2005, and are advised that caution need no longer be exercised when dealing in HCI shares.
01 Jul 2005 13:54:09
(Official Notice)
Pursuant to HCI`s previous acquisition of an approximate 30% shareholding in Johnnic Holdings Ltd (`Johnnic`), HCI has increased its holding to approximately 40% of the issued share capital of Johnnic through the acquisition of 16 499 321 Johnnic shares at a price of 975c per share, including the right to all distributions being the highest price that HCI has paid for Johnnic shares (`the acquisitions`). As HCI is now the holder of more than 35% of the issued share capital of Johnnic, in terms of the Securities Regulation Code on Take-overs and Mergers and the Rules of the Securities Regulation Panel (`SRP`), a mandatory offer (`the offer`) must be extended by HCI to Johnnic shareholders, other than HCI, to acquire the remainder of the Johnnic shares. HCI has received irrevocable commitments from 51% of its shareholders to approve the acquisitions. The offer is subject to the conditions precedent set out below.



Rationale

HCI`s strategic objective is to increase their exposure to Johnnic as and when possible. HCI considers the acquisition to be opportune as it furthers HCI`s ongoing gaming strategies.



Conditions precedent

The offer will be subject to the fulfilment of the following conditions precedent:

*to the extent required, the approval by the relevant regulatory authorities, including but not limited to the JSE, the SRP, Gaming Authorities, and the Competition Authorities; and

*to the extent required, the approval by the shareholders of HCI in a meeting.



Further documentation

An announcement and a circular containing the detailed terms and dates of the offer will be published in due course. Shareholders are advised to exercise caution when dealing in the company`s securities until a further announcement is made
27 Jun 2005 16:10:22
(C)
Revenue increased to R1 413m from R863.59m and operating profit increased to R163.85m from a loss of R5.27m. Headline earnings rose from 2.96cps by a magnificent 1 092% to 203.52cps. No final dividend has been declared, but an interim dividend of 95cps was declared in October 2004. Thus dividends for the year amount to 95cps.
24 Jun 2005 16:32:05
(Official Notice)
HCI`s headline earnings and basic earnings per share for the year ended 31 March 2005 will be between 315c and 378c and 530c and 636c respectively. One of the reasons for the increase in headline earnings and basic earnings per share is the effect of deferred tax assets raised in respect of unutilised tax losses and Secondary Tax on Companies (`STC`) credits available. Were these not taken into account, headline earnings and basic earnings per share for the year ended 31 March 2005 would be expected to be between 180c and 216c per share and 395c to 474c per share respectively. The above information has not been reviewed or reported on by the company`s auditors.



The companys results for the year ended 31 March 2005 are expected to be published on or about 27 June 2005.
24 Jun 2005 15:45:35
(Official Notice)
HCI and Clover Industries Ltd (`CIL`) have entered into an agreement dated 23 June 2005, in terms of which HCI, through a wholly-owned subsidiary, will subscribe for 25.1% of the total issued ordinary share capital in CIL, as well as 25 000 000 CIL preference shares, for an aggregate subscription consideration of R91 803 856 payable in cash. CIL will issue 19 303 856 ordinary shares at R1.00 each to HCI, being R0.10 in respect of the par value and a premium of R0.90. CIL will issue 25 000 000 cumulative redeemable preference shares at R2.90 each to HCI, being R0.10 in respect of the par value and a premium of R2.80. The effective date of the transaction will be the second business day following the date on which the conditions precedent have been fulfilled.



Shareholders are advised that as a result of the agreement, caution need no longer be exercised when dealing in HCI`s securities.
04-Dec-2014
(X)
HCI is involved in high growth industries via hotels and gaming; media; transport; mining; industrial and technological services.


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