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17-Sep-2018
(Official Notice)
14-Sep-2018
(Official Notice)
Shareholders are referred to the announcement released by Imperial on 13 August 2018 in which Imperial announced its intention to propose a repurchase of 100% of the outstanding non-redeemable, cumulative, non- participating preference shares in the issued share capital of Imperial (?Preference Shares?) by way of a scheme of arrangement (?the Scheme?) in terms of section 114(c) of the Companies Act, No. 71 of 2008 and the Circular posted by Imperial to Shareholders on Thursday, 16 August 2018 (?the Circular?) to propose the Scheme and convene the Meetings on Friday, 14 September 2018.



Capitalised terms used in this announcement bear the same meaning as the capitalised and defined terms used in the Circular.



Further to the Circular, Shareholders are advised that at the Meetings held on Friday, 14 September 2018, the Scheme Resolution was passed by the requisite majority of Eligible Shareholders present in person or represented by proxy at the Eligible Shareholder General Meeting.



The Scheme remains subject to the fulfilment, or waiver (if applicable), of the Conditions Precedent, by no later than 17:00 on Tuesday, 2 October 2018 or such later time and date as Imperial may in its sole discretion determine (and subject to approval from the Panel), as detailed in the Circular.



Shareholders will be advised once all the remaining Conditions Precedent to the Scheme have been fulfilled or not-fulfilled (as the case may be).



The remaining salient dates and times relating to the finalisation and implementation of the Scheme are as set out in the Circular. Note that these dates and times have not changed from those dates and times set out in the Circular. Any material amendments to those dates and times will be announced on SENS and published in the South African press.
21-Aug-2018
(C)
Revenue from total operations for the year increased to R128.7 billion (2017: R115.9 billion). Operating profit from grew to R6.4 billion (2017: R6.0 billion). Net profit attributable to owners of Imperial came to R3.3 billion (2017: R2.6 billion). Furthermore, headline earnings per share from continuing operations was 43% higher at 543 cents per share (2017: 379 cents per share).



Declaration of final preference and ordinary dividends

Preference shareholders

Notice is hereby given that a gross final preference dividend of 416.62500 cents per preference share has been declared by the board of Imperial, payable to the holders of the 4 540 041 non-redeemable, non-participating preference shares.



Ordinary shareholders Notice is hereby given that a gross final ordinary dividend in the amount of 387.00000 cents per ordinary share has been declared by the board of Imperial, payable to the holders of the 201 971450 ordinary shares.



Company prospects

Over the past 12 months, the group has produced solid financial results in testing trading conditions, while approaching the final stages of one of the most comprehensive organisation renewals by a South African-based multinational.



We anticipate that both Imperial Logistics and Motus will deliver solid operating and financial results in the financial year to June 2019, subject to stable currencies in the economies in which each operates.



For the financial year to June 2019, we expect:

*Imperial Logistics and Motus will have appropriate capital structures, with minimal impact on funding and costs, to enable each to fund its own growth and strategic aspirations while continuing to pay a stable dividend (approximately 45% of HEPS);

*Imperial Logistics and Motus to record growth in revenues and operating profit; and

*Growth in headline earnings per share for Imperial Logistics and Motus, subject to any once-off costs relating to the proposed unbundling.
13-Aug-2018
(Official Notice)
03-Aug-2018
(Official Notice)
Shareholders are referred to the announcement relating to the proposed unbundling of Imperial?s Automotive Business (known as Motus) and separate listing on the JSE Ltd. (?JSE?) (?the Proposed Unbundling?), and cautionary announcement published on the Stock Exchange News Service of the JSE on 21 June 2018 (?the Announcement?).



Shareholders are advised that work on the proposed unbundling is on track and further details relating to the proposed unbundling will be released in due course.



Accordingly, shareholders, preference shareholders and bond holders of Imperial Group Ltd. are advised to continue to exercise caution when trading in their Imperial securities until a further announcement in this regard is made.
03-Aug-2018
(Official Notice)
Shareholders are referred to the SENS announcement of 10 May 2018, in which our guidance for the year to June 2018 was as follows:



For the six months to 30 June 2018 for continuing operations (excluding Regent and Businesses Held for Sale) we expect:

*Capital efficiency and gearing to improve ? expected group debt to equity ratio of 50% to 60%;

*Imperial Logistics to increase revenues and operating profit in line with the first half growth;

*Motus to increase revenues in line with the first half growth and operating profit at a higher rate than the first half;

*Imperial Holdings to increase revenues in line with the first half and operating profit at a higher rate than the first half; and

*Imperial Holdings to produce a double-digit growth in headline earnings per share off the low base of 2017.



Imperial is currently finalising its results for the period to 31 June 2018 and expects these to be in line with the aforementioned guidance.



Basic Earnings per Share (?EPS?) and Basic Headline Earnings per Share (?HEPS?) for the year ended 30 June 2018,excluding Regent, which was disclosed as a Discontinued Operation for the year ended 30 June 2017, and for the group total are expected to increase on 30 June 2017 as follows:



30 June 2017 Published

*EPS cents (2017 excluding Regent) - 1221

*EPS cents (2017 total) - 1339

*HEPS cents (2017 excluding Regent) - 1240

*HEPS cents (2017 total) - 1390



30 June 2018 Expected range increase

*EPS cents - 1630 to 1730 (up 22% to 29%)

*HEPS cents - 1520 to 1615 (up 9% to 16%)



The primary reasons for the increase are:

*2018 foreign exchange losses reduced from 2017.

*2018 net financing costs are down on 2017.

*In 2018 profits on the sale of properties is up on 2017 impacting EPS (this is eliminated from the HEPS result).



Imperial will release its results for the year ended 30 June 2018 on the 21 August 2018.



The forecast financial information in this trading statement to shareholders is based on information available at the time of publication and has not been reviewed or reported on by Imperial?s auditors.
30-Jul-2018
(Official Notice)
21-Jun-2018
(Official Notice)
10-May-2018
(Official Notice)
18-Apr-2018
(Official Notice)
20-Feb-2018
(Official Notice)
Bondholders are advised that the interim results (?the interims?) of the Guarantor to the Domestic Medium Term Note Programme for the period ended 31 December 2017 are available for inspection at the Issuer?s registered office.



The interims of the Guarantor have also been made available on their website at www.imperial.co.za/inv-interims.php



Further to the above, bondholders are hereby advised of the following restatement(s) applicable to the guarantor?s interim results of their previously published annual financial statements.



The guarantor restated the prior year?s VAPS which was reallocated from discontinued to continuing operations (R36 million increase in operating profit) and the prior year restatement (R40 million increase in operating profit). The VAPS businesses were previously included in discontinued operations as they were part of the sale of Regent. After final negotiations Imperial retained the VAPS businesses requiring that the prior year figures be restated to include them with continuing operations.
20-Feb-2018
(C)
17-Jan-2018
(Official Notice)
Further to the SENS announcement published on 8 November 2017, shareholders are advised that the remaining conditions precedent relating to the disposal of the Group?s interest in and claims against Schirm GmbH, the contract manufacturing service business of Imperial Chemical Logistics GmbH, and a related property (?the Transaction?), have been fulfilled.



The Transaction has accordingly become unconditional.



Settlement of the purchase consideration will take place on the closing date,30 January 2018. As disclosed in the SENS announcement on 8 November 2017, the purchase consideration is subject to final working capital adjustments and therefore the final price will be disclosed in our results for the 6 months to December 2017 to be published on the 20th February 2018.
11-Dec-2017
(Official Notice)
Bondholders are advised that the annual financial statements for the year ended 30 June 2017 (?the financial statements?) of the Issuer and the Guarantor to the ZAR10 000 000 000 Domestic Medium Term Note Programme are available for inspection at the Issuer?s registered office and at http://www.imperial.co.za/inv- afs.php. The audit report on the financial statements of the Issuer and Guarantor are unqualified, with no modifications applicable.



The Issuer would like to advise bondholders of the following restatement to the 2016 statement of cash flows. The 2016 statement of cash flows was restated to reclassify the cash flows from interest-rate swap instruments from investing activities to operating activities and to reclassify the cash flows from cross-currency swap instruments from investing activities to financing activities. The reason for the restatement is the new classifications as operating and/or financing activity are considered more appropriate as these cash flows are now classified in the same manner as the underlying cash transactions.

08-Dec-2017
(Official Notice)
Bondholders are advised that the annual financial statements for the year ended 30 June 2017 (?the financial statements?) of the Issuer and the Guarantor to the ZAR10 000 000 000 Domestic Medium Term Note Programme are available for inspection at the Issuer?s registered office and at www.imperial.co.za/inv- afs.php.



The audit report on the financial statements of the Issuer and Guarantor are unqualified, with no modifications applicable.



No restatements have been included in the Issuer?s financial statements.

08-Nov-2017
(Official Notice)
31-Oct-2017
(Official Notice)
Imperial advised its shareholders that all the ordinary and special resolutions proposed in the Notice of the AGM dated 21 August 2017 and tabled at the Company?s AGM held on Tuesday 31 October 2017, were passed by the requisite majority of votes cast by shareholders.
13-Oct-2017
(Official Notice)
Shareholders are advised that Mr Younaid Waja has resigned with immediate effect as an independent non-executive director of the Imperial board and from the various sub-committees and subsidiaries on which he served.



Ms Phumzile Langeni will replace Mr Waja as chairperson of the Imperial Risk Committee.

28-Sep-2017
(Official Notice)
Shareholders are advised that the Group?s 2017 Integrated Annual Report, containing the Audited Summarised Consolidated Annual Financial Statements for the year ended 30 June 2017, has been distributed to shareholders on 28 September 2017. There were no changes to the audited summarised preliminary results released on SENS on 22 August 2017.



The full Audited Annual Financial Statements, Integrated Annual Report and Notice of AGM are available on the Group website at http://imperial- reports.co.za/reports/iar_2017/iar_2017/. The Annual Financial Statements were audited by Deloitte - Touche, who expressed an unqualified audit opinion thereon. The audit report is also available for inspection at the company?s registered offices.



Notice of AGM and BEE Certificate Shareholders are further advised that the AGM of Imperial will be held on Tuesday, 31 October 2017 at 09:00 CAT at the registered offices of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The record date for purposes of determining shareholders entitled to participate in and vote at the AGM is Friday, 20 October 2017, accordingly, the last date to trade will be Tuesday, 17 October 2017. The notice of the AGM is contained in the aforementioned Integrated Report distributed to shareholders on 28 September 2017.



In addition, shareholders are advised that the company?s BEE certificate for the period 2017 / 2018, will be available on the company?s website www.imperial.co.za on Friday, 29 September 2017.
08-Sep-2017
(Official Notice)
Further to the previous announcement on changes to the Audit Committee, and in light of developments since then, Mr Raboijane (Moses) Kgosana has elected to resign from the board with effect from 7 September 2017.
07-Sep-2017
(Official Notice)
Shareholders are advised that Mr. Raboijane (Moses) Kgosana has stepped down as chairman and member of the Imperial Audit committee with immediate effect. He will remain a member of the board.



In light of the investigation by the audit regulator in respect of KPMG, where Mr Kgosana was the previous Chief Executive Officer and Senior Partner, he and the board believe this is the most appropriate course of action, and in line with good corporate governance until such investigation has been completed.



Mr RJA Sparks, who is currently Lead Independent Director and a member of the Imperial Audit committee, will assume the position of chairman of the committee with immediate effect.
22-Aug-2017
(C)
Revenue from continuing operations for the year was higher at R116.8 billion (2016: R115.8 billion) and operating profit from continuing operations increased to R6.049 billion (2016: R5.948 billion). Net profit attributable to owners of Imperial lowered to R2.601 billion (2016: R2.997 billion). Furthermore, headline earnings per share from continuing operations dropped to 1 240 cents per share (2016: 1 451 cents per share).



Preference shareholders

Notice is hereby given that a gross final preference dividend of 431.93836 cents per preference share has been declared by the Board of Imperial, payable to holders 4 540 041 of non-redeemable, non-participating preference shares. The dividend will be paid out of reserves.



Ordinary shareholders

Notice is hereby given that a gross final ordinary dividend in the amount of 330.00000 cents per ordinary share has been declared by the Board of Imperial, payable to holders of 201 139 981 ordinary shares. The dividend will be paid out of reserves.



Company prospects

Against the backdrop of economic recovery in most developed and emerging economies, South Africa's socio-political and economic outlook is fragile. In the near term, politics will divert party leadership and the government from national priorities, and further sovereign downgrades are possible. Internationally, geopolitics and central banks could dampen growth and influence capital flows. The impact of this unpredictable environment on sentiment, economic activity and the volatility of the Rand is unlikely to assist the fortunes of Imperial.



Despite this, we anticipate solid operating and financial results in the year to June 2018, subject to stable currencies in the economies in which we operate and South Africa retaining its investment grade. We expect:

*The self-sufficiency and effectiveness of both divisions to be further entrenched with balance sheet efficiency and independence a priority.

*Logistics and Motus to grow revenues and operating profit from continuing operations.

*Imperial Holdings' continuing operations to increase revenues and operating profit with a double-digit growth in headline earnings per share, stronger in the second half.

15-Aug-2017
(Official Notice)
Imperial Holdings Ltd. (Imperial) is pleased to announce that its wholly owned vehicle division, Motus, has indirectly acquired 100% of Pentagon Motor Holdings Ltd. (Pentagon), for a cash consideration of R493 million (GBP28 million). Headquartered in Derbyshire, Pentagon operates 21 prime retail dealerships in Derbyshire, Nottinghamshire, Lincolnshire, Yorkshire and greater Manchester. In the year to 31 December 2016, Pentagon generated revenue of GBP495 million (R 8 715 million).



Pentagon, established in 1991 by its current chairman Trevor Reeve, has grown steadily from an initial Vauxhall franchise base to represent leading car and van manufacturers Peugeot, Seat, Mazda, Kia, Renault, Fiat, Alfa Romeo, Nissan, Mitsubishi and Jeep. The Group employs 1 262 people, 46% of whom have been with the business for 5 years or more. Key management will remain with the business through a transitional period to ensure a smooth integration with Imperial?s existing vehicle businesses in the UK. The business will continue to operate as Pentagon Motor Holdings Ltd.

07-Aug-2017
(Official Notice)
The forecast financial information in this voluntary trading statement to shareholders is based on information available at the time of publication and has not been reviewed or reported on by Imperial?s auditors.



Shareholders are referred to the SENS announcement of 16 May 2017, in which our guidance for the year to June 2017 was a single digit increase in revenues and unchanged operating profit, subject to stable currencies in the economies in which we operate. Current forecasts indicate a marginal increase in both revenue and operating profit, a result ahead of the guidance given to shareholders a year ago.



Earnings per Share (?EPS?), Headline Earnings per Share (?HEPS?) and Core Earnings per Share (?Core EPS?) for the year ended 30 June 2017 are expected to decrease on the previously reported corresponding period as follows: 30 June 2017 l Expected range

*EPS 1350 cents to 1300 cents (15% to 18% down)

*HEPS 1400 cents to 1360 cents (11% to 14% down)

*Core EPS 1635 cents to 1595 cents (6% to 9% down)



EPS, HEPS and Core EPS were adversely affected by:

*Higher foreign exchange losses on various monetary items including working capital, intergroup loan funding and hedging instruments; and

*Higher finance costs resulting from higher costs of funding and higher debt levels, which resulted from delays in the receipt of proceeds from assets and businesses held for sale.



In addition:

*The prior period EPS was enhanced by profit on the sale of Neska partially offset by impairment of goodwill and other intangible assets. The current period EPS was depressed by goodwill impairments, losses on the sale and impairment of businesses, offset by profits on the sale of properties. These items are eliminated from HEPS;

*The prior period HEPS was enhanced by a foreign exchange gain from an internal restructuring. The amortisation of intangible assets arising from acquisitions is higher in the current period. Neither of these are included in Core EPS.



Imperial will release its results for the year ended 30 June 2017 on the 22 August 2017.

28-Jun-2017
(Official Notice)
Shareholders are referred to the announcement dated 24 April 2017 relating to the approval by the Competition Tribunal of the disposal of the ordinary shares in and tier 2 capital of the Regent Group (Regent Life Assurance Company Ltd. and Regent Insurance Company Ltd.)(?the Transaction?) as well as prior announcements in this regard.



Imperial advises shareholders that on 26 June 2017, the South African Financial Services Board approved the Transaction.



The value of the net assets as at 30 June 2016 that are the subject of the Transaction is approximately R1.6 billion (including Tier 2 capital of R200 million).



The profits after tax attributable to the net assets that are the subject of the Transaction are approximately R170 million, based on the annual financial statements for the year ended 30 June 2016.



The outstanding portion of the total purchase consideration of approximately R1.1 billion will be settled in cash on 30 June 2017 and the proceeds will be used to reduce short term debt.



The total purchase consideration received by Imperial, including the Regent Africa proceeds (concluded in January 2017), will now amount to approximately R1.8 billion (including Tier 2 capital of R200 million).



No further changes to the original Transaction have been effected apart from the information contained in this announcement and disclosed in the aforementioned announcement. The Transaction is now unconditional.



16-May-2017
(Official Notice)
24-Apr-2017
(Official Notice)
24-Feb-2017
(Official Notice)
Shareholders are referred to the unaudited interim results and declaration of preference and ordinary dividends for the six months ended 31 December 2016 released on the Stock Exchange News Service on 21 February 2017.



Imperial is providing the disclosure outlined below for clarification:



Imperial Logistics: Divisional Performance

The tables for HY2 2016 as disclosed in the interim report for Logistics South Africa - African Regions on page seven had not been restated to exclude the businesses held for sale, whereas the HY2 2016 figures in the table for Imperial Logistics on page six had been restated. The revised numbers below exclude businesses held for sale for Logistics South Africa - African Regions. Logistics International was not impacted as Neska was sold in HY1.



Palletways

The revenue for the Palletways acquisition published on SENS on 1 June 2016 was based on the disclosed revenue received during the due diligence process, which excluded revenue between franchisee members. Since Palletways acts as a principal to members, this revenue should in terms of IFRS be included in Palletways? revenue, resulting in higher revenue as disclosed in the interim results.



Interim Dividend

Pursuant to the increase in the local dividend tax to 20% as announced in the National Budget on 22 February 2017:

The gross preference dividend of 434.31164 cents will be subject to a local dividend tax rate of 20%. The net preference dividend, to those shareholders who are not exempt from paying dividend tax, is therefore 347.44931 cents per share.



The gross ordinary dividend of 320.00000 cents will be subject to a local dividend tax rate of 20%. The net ordinary dividend, to those shareholders who are not exempt from paying dividend tax, is therefore 256.00000 cents per share.
21-Feb-2017
(C)
15-Feb-2017
(Official Notice)
Imperial Holdings is pleased to advise shareholders that Imperial Logistics has entered into an agreement to acquire a 70% interest in Surgipharm for a cash consideration of USD35 million (c.R470 million). The transaction is subject to regulatory approvals.



Surgipharm, which is headquartered in Nairobi, is a leading distributor of pharmaceutical, medical, surgical and allied supplies in Kenya, with an annual turnover of approximately USD70 million (c.ZAR940 million). Surgipharm was established in 1985 and has grown to become one of the leading pharmaceutical distribution companies in Kenya, with offices strategically located in Nairobi and Mombasa. With a workforce of over 330 employees, warehousing space in excess of 4 700 square metres and its own transport fleet, the business caters for the needs of all pharmaceutical distribution channels in the country, directly supplying products to the Ministry of Health, parastatals, Ns, hospitals, clinics, dispensing doctors, pharmacies and wholesalers. Dr. Vijai Maini will continue as the Managing Director, and Mr. Vipin Shah and Rakesh Vinayak will continue as Directors in their current roles post the transaction.



This transaction is in line with Imperial?s African growth strategy to be a significant route-to-market partner of multi-national companies in the consumer goods and pharmaceutical sectors in Southern, East and West Africa. Surgipharm also complements Imperial?s prior acquisitions in the pharmaceutical sector being Imperial Health Sciences, Eco Health (Nigerian pharmaceutical distributor) and Imres (Netherlands-based pharmaceutical wholesaler).



24-Jan-2017
(Official Notice)
Shareholders are referred to the CEO?s AGM statement released on the Stock Exchange News Service on 1 November 2016, where our guidance for the year to June 2017 was single digit revenue growth and a moderate decline in operating profit from continuing operations, subject to stable currencies in the economies in which we operate. This outlook remains unchanged.



For the six months to 31 December 2016 we anticipate that there will be single digit growth in revenue and operating profit from group operations.



Earnings per Share (?EPS?), Headline Earnings per Share (?HEPS?) and Core Earnings per Share( ?Core EPS?) will be adversely affected by the following:

- Foreign exchange losses compared to gains in the prior period on various monetary items including working capital, intergroup loan funding and hedging instruments;

- Higher finance costs from higher costs of funding and higher debt levels, which resulted from delays in the receipt of proceeds from assets and businesses held for sale;

- Higher amortisation of intangible assets arising from acquisitions;



In addition:

- The prior period EPS was enhanced by profit on the sale of Neska partially offset by impairment of goodwill and other intangible assets which are eliminated from HEPS;

- The prior period HEPS was enhanced by a foreign exchange gain from an internal restructuring, while the amortisation of intangible assets arising from acquisitions is higher in the current period. Neither of these are included in Core EPS.



As such, EPS, HEPS and Core EPS for the Group to 31 December 2016 are expected to decrease from the corresponding period as follows:

6 months to 31 December 2015 Actual; 6 months to 31 December 2016 Expected range

EPS - 881 cents; 700 cents to 640 cents (21% to 27% down)

HEPS - 801 cents; 700 cents to 640 cents (13% to 20% down)

Core EPS - 861 cents; 810 cents to 750 cents (6% to 13% down)



This update is based on available information at the time of publication.



Imperial will release its results for the 6 months to 31 December 2016 on the 21st February 2017.
17-Jan-2017
(Official Notice)
Shareholders are referred to the announcement and withdrawal of cautionary published on 29 September 2015, regarding the disposal by Imperial of the Regent Group, the update thereof included in the Group?s results announcements and the announcement on 24 October 2016.



Imperial is pleased to announce that the disposal of the Regent Group?s non-South African operations (Regent Insurance Botswana, Regent Life Botswana, Regent Zambia, Lesotho Life and Lesotho Insurance, collectively, ?Regent Rest of Africa?) to Hollard International Holdings for an upfront consideration of R697 million has been declared unconditional in accordance with its terms, which included approval from the Botswana competition and requisite regulatory authorities received in August 2016 and unconditional approval by the Central Bank of Lesotho received in December 2016.



The disposal of Regent Group, excluding Regent Rest of Africa, remains subject to the approval by the South African Regulatory Authorities. A further announcement will be made once the Competition Tribunal has made a ruling on the matter.
09-Nov-2016
(Official Notice)
Imperial herewith announces the repurchase of 7 864 456 ordinary shares (equivalent to c. 3.8% of the company?s issued ordinary shares), held as treasury stock, from Imperial Corporate Services (Pty) Ltd., a wholly owned subsidiary of Imperial, in accordance with the specific authority approved by Imperial shareholders at the Annual General Meeting held on 31 October 2012 (?Repurchase?).



The board resolved that Imperial should repurchase the treasury stock from the subsidiary in order to create new capacity for the company to repurchase further Imperial shares through its subsidiaries.



The terms of the repurchase

In terms of the approval, Imperial has repurchased 7 864 456 ordinary shares on 4 November 2016 at a price of R167.58 per ordinary share, being the closing share price of an Imperial ordinary share on the JSE on 3 November 2016.



Following the completion of the repurchase, Imperial will have nil shares remaining as treasury stock.



Source of funds

No funds or cash resources have been utilised for the repurchase as this is an intra-group transaction.



Financial effects

No significant cash will flow outside of the Group, as this repurchase is intra-group, as such the financial effects are immaterial and therefore have not been disclosed.



JSE listing

Following the completion of the repurchase, the repurchased ordinary shares will be cancelled and restored to the status of authorised shares. The listing of the repurchased shares will be terminated upon granting approval by the JSE Ltd.
01-Nov-2016
(Official Notice)
Imperial is pleased to advise its shareholders that all the ordinary and special resolutions proposed in the Notice of the AGM dated 22 August 2016 and tabled at the Company?s AGM held today, Tuesday 1 November 2016, were passed by the requisite majority of votes cast by shareholders.
24-Oct-2016
(Official Notice)
Shareholders are referred to the announcement and withdrawal of cautionary published on 29 September 2015, regarding the disposal of the Regent Group, as well as updates included in the group?s results announcements.



On Friday 23rd October 2016, the Competition Commission submitted its recommendation to the Competition Tribunal regarding the merger between Hollard, MotoVantage and Regent. The Competition Commission recommended that the merger be prohibited. Given that the merger is categorised as a large merger, the recommendation of the Competition Commission does not constitute a final, binding decision. Such final, binding decision will be made by the Competition Tribunal subsequent to a hearing regarding the merger.



The parties to the merger and their advisors disagree that a prohibition is warranted in the circumstances and will contest the Commission?s view at the hearing before the Competition Tribunal. A further announcement will be made once the Competition Tribunal has made a ruling on the matter.
29-Sep-2016
(Official Notice)
Shareholders are advised that the Group?s 2016 integrated annual report, containing the audited summarised consolidated annual financial statements for the year ended 30 June 2016, has been distributed to shareholders on 29 September 2016. There were no changes to the audited summarised preliminary results released on SENS on 23 August 2016.



The full audited annual financial statements, integrated annual report and Notice of AGM are available on the Group website at imperial- reports.co.za/reports/iar_2016/iar_2016/#home. The annual financial statements were audited by Deloitte - Touche, who expressed an unqualified audit opinion thereon. The audit report is also available for inspection at the company?s registered offices.



Notice of AGM

Shareholders are further advised that the AGM of Imperial will be held on Tuesday, 1 November 2016 at 09:00 CAT at the registered offices of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the AGM is contained in the aforementioned Integrated Report posted to shareholders on 29 September 2016.

23-Aug-2016
(C)
Revenue for the year ended 30 June 2016 shot up by 8% to R118.8 billion (2015: R110.5 billion). Operating profit came in at R6.4 billion (2015: R6.2 billion), while net profit attributable to owners of Imperial lowered to R3 billion (2015: R3.1 billion). Furthermore, headline earnings per share from continuing operations decreased by 3% to 1 423 cents per share (2015: 1 458 cents per share).



Declaration of final preference and ordinary dividends for the year ended 30 June 2016

Preference shareholders

Notice is hereby given that a gross final preference dividend of 425.77911 cents per preference share has been declared by the Board of Imperial, payable to holders of non-redeemable, non-participating preference shares. The dividend will be paid out of reserves.



Ordinary shareholders

Notice is hereby given that a gross final ordinary dividend in the amount of 425.00000 cents per ordinary share has been declared by the Board of Imperial, payable to holders of ordinary shares. The dividend will be paid out of reserves.



Prospects

Imperial's performance for the financial year 2016 has been pleasing and reflects sound management of controllable factors under challenging circumstances. There is no reason to anticipate an improvement in the trading conditions facing Imperial in the short term. Imperial expects volume growth throughout the group's logistics operations to be subdued, and national new vehicle sales in South Africa to continue to decline in response to declining private consumption expenditure, rising interest rates and tightening credit. In addition, the volatility of the Rand and the currencies in the countries in which Imperial operates, and the Group's hedging policy to cover forward, will affect both competitiveness and profitability.

08-Jul-2016
(Official Notice)
Notice is hereby given in terms of section 45(5) of the Companies Act, 2008 (the Companies Act), that the board of the company has adopted resolutions to provide financial assistance to a related or inter-related company of the company contemplated in section 45(2) of the Companies Act. The resolutions adopted by the board relate to financial assistance to related or inter-related companies of the company in connection with a guarantee by the company for the obligations of Imperial Mobility Finance B.V. arising from finance agreements to be concluded relating to the Palletways acquisition announced on SENS on 1 June 2016.



The board has satisfied itself that the terms of the financial assistance are fair and reasonable and that the company will satisfy the solvency and liquidity test following the provision of such financial assistance, in terms of the Companies Act. Shareholders are advised that the value of the financial assistance will exceed 1/10th of 1% of the company`s net worth as at the date of the last board meeting, being 24 June 2016.
06-Jul-2016
(Official Notice)
Shareholders of Imperial are referred to the Company announcement released on Stock Exchange News Service of the JSE Limited on 1 June 2016 wherein shareholders were advised that Imperial Mobility International B.V., a wholly-owned subsidiary of Imperial, entered into a conditional agreement, with, inter alia, Phoenix Equity Partners Ltd. to acquire 100% of the issued share capital of Palletways Group Ltd. and its subsidiaries, for a consideration of GBP162.9 million (ZAR3.8 billion), subject to approval by the European Competition Authorities.



Imperial is pleased to advise its shareholders that the acquisition was approved by the European Competition Authorities and is now unconditional. Palletways? management have co-invested alongside Imperial to own 5% of the shares. Imperial has paid GBP155.1 million (ZAR3.0 billion) for its 95% share, which was settled through existing unutilised foreign credit facilities. The effective date for the transaction was 5 July 2016.
15-Jun-2016
(Official Notice)
03-Jun-2016
(Official Notice)
Today, 3 June 2016, Imperial will be holding a senior management conference where various board approved organisational changes and appointments will be announced, pursuant to the creation and efficient management of two integrated divisions dedicated exclusively to Logistics and Vehicles.



The following are the major structural changes and the resulting appointments that affect the executive directorate.

* With effect from the 1st July 2016 Imperial?s entire logistics interests (i.e. Imperial Logistics South Africa, Imperial Logistics Rest of Africa and Imperial Logistics International) will be managed as one division. Mr Marius Swanepoel, currently a director of Imperial Holdings Ltd. and Chief Executive Officer of Imperial Logistics Africa, will be appointed Chief Executive Officer of the new Logistics division from the same date.

* With effect from the 1st July 2016 Imperial?s entire vehicle interests (i.e. Vehicle Import Distribution and Dealerships; Vehicle Retail Rental and Aftermarket Parts; and Motor related Financial Services) will be managed as one division. From 1st July 2016 until the 31st December 2016, Imperial Holdings Ltd. Group Chief Executive Officer, Mr Mark Lamberti will be Executive Chairman of the division, leading and prioritising the necessary integration initiatives. On 1st January 2017, Mr Osman Arbee, currently Imperial Holdings Ltd. Group Chief Financial Officer, will be appointed Chief Executive Officer of the newly created Vehicles division.

* Starting from 1st January 2017, an orderly transition will result in Mr Mohammed Akoojee, currently Chief Executive Officer of Imperial Logistics Rest of Africa, being appointed Imperial Holdings Group Chief Financial Officer on 1st April 2017.



From 1st July 2016, the newly created Logistics and Vehicles divisions will be reported on as single entities with due regard to the disclosures and transparency necessary to facilitate understanding and insight for shareholders. Detail in this regard will be provided with the publication of the results for the year to June 2016.
01-Jun-2016
(Official Notice)
Imperial advised its shareholders that Imperial Mobility International B.V., a wholly owned subsidiary of Imperial, has entered into a conditional agreement, with, inter alia, Phoenix Equity Partners Ltd. (?Phoenix?) to acquire 100% of the issued share capital of Palletways Group Ltd. and its subsidiary undertakings (?Palletways? or the ?Company?), for an enterprise value consideration of GBP162.9 million (ZAR3.8 billion) (?Consideration?), subject to the fulfilment of the condition precedent set out in paragraph 5 below (the ?Acquisition?).



Salient terms

The Consideration will be settled by Imperial, by way of existing unutilised foreign credit facilities and cash. Palletways management?s long term commitment to the Company and its strategic objectives is manifest in their decision to co invest alongside Imperial to own approximately 4% of Palletways.



Condition precedent

The Acquisition is subject to the fulfilment of the approval of the Acquisition by the European Competition Authorities. The effective date will be the 5th business day after fulfilment of the condition precedent.



Net assets, revenue and attributable EBITDA

On signature date of the Acquisition, for the financial year ended 31 May 2016, Palletways? annual revenue is approximately GBP135.5 million (ZAR3.1 billion), its net asset value is approximately GBP23.2 million (ZAR537.3 million), and its earnings before interest tax depreciation and amortisation is approximately GBP16.4 million (ZAR380.5 million), of which approximately 96% will be attributable to Imperial.
17-May-2016
(Official Notice)
Noteholders are advised that Moody's Investors Service (?Moody?s?) has, on 11 May 2016, repositioned the National Scale Rating (NSR) of Imperial Group, in conjunction with the recalibration of the South African national rating scale and as part of the implementation of Moody?s updated methodology.



Imperial Group?s NSR Issuer Rating (Local Currency), Repositioned to Aa3.za from A2.za, Subordinated Medium-Term Note Program, Repositioned to (P)A2.za from (P)A3.za, Senior Unsecured Seniority Medium-Term Note Program, Repositioned to (P)Aa3.za from (P)A2.za, Senior Unsecured Regular Bond/Debenture, Repositioned to Aa3.za from A2.za, the Issuer Rating (Local Currency), Short-term global issuer rating assigned P-3 and affirms the NSR Issuer short term rating (Local Currency) at P-1.za.



Noteholders are referred to the press release by Moody?s for any additional information.

29-Apr-2016
(Official Notice)
shareholders of Imperial (?shareholders?) are referred to the company announcement released on SENS on 21 April 2016, wherein details of the shareholders? General Meeting to approve the AMH Group were published.



Imperial is pleased to advise its shareholders that both the ordinary and special resolutions proposed in the Notice of the General Meeting dated 23 March 2016 and tabled at the company?s General Meeting held today, Friday 29 April 2016, were passed by the requisite majority of votes cast by shareholders.
21-Apr-2016
(Official Notice)
Shareholders of Imperial (?Shareholders?) are referred to the company announcements released on SENS on 23 February and 22 March 2016 wherein shareholders were advised that Imperial had reached an agreement to acquire the 10% minority interest in the AMH Group (the ?Transaction?).



General Meeting

Shareholders are advised that the general meeting to approve the transaction will be held at the company?s registered office at Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview, Johannesburg at 09:00 on Friday, 29 April 2016. The record date for the general meeting is Friday, 22 April 2016 and the last day to receive forms of proxy is Tuesday, 26 April 2016 at 09:00.



22-Mar-2016
(Official Notice)
23-Feb-2016
(Official Notice)
Preference shareholders are referred to the preference share dividend declaration notice contained in the Imperial results announcement published earlier today, 23 February 2016, and are advised that the dividend amount included in the declaration notice was incorrect. A gross interim preference dividend of 393.40068 cents per preference share has been declared payable to holders of non-redeemable, non-participating preference shares. The dividend will be paid out of reserves.



The preference dividend will be subject to a local dividend tax rate of 15%. The net preference dividend, to those shareholders who are not exempt from paying dividend tax, is therefore 334.39058 cents per share. The rest of the information contained in the notice, including salient dates, remains.



23-Feb-2016
(C)
Revenue for the interim period grew by 6% to R59.8 billion(2014: R56.2 billion). Operating profit increased by 7% to R3.1 billion (2014: R2.9 billion). Net profit attributable to the owners was up by 19% at R1.7 billion(2014: R1.4 billion). Furthermore, headline earnings per share were 728 cents per share(2014: 710 cents per share).



Preference shareholders

Notice is hereby given that a gross interim preference dividend of 3.9340068 cents per preference share has been declared payable to holders of non- redeemable, non-participating preference shares. The dividend will be paid out of reserves.



Ordinary shareholders

A further notice is hereby given that a gross interim ordinary dividend in the amount of 370 cents per ordinary share has been declared payable to holders of ordinary shares. The dividend will be paid out of reserves.



Prospects

The performance and volatility of commodity, equity and bond markets since the start of 2016 is cause for concern as a reflection of general uncertainty about the performance of economies worldwide. While there is no panacea for South Africa's economic recovery we are encouraged by government's more recent engagements with business. Imperial will continue to participate in and contribute to dialogue that results in economic growth and decisive action to avoid a rating downgrade and recession.



There is no reason to anticipate an improvement in the trading conditions facing Imperial during 2016. We expect volume growth throughout our logistics operations to be subdued, and national new vehicle sales in South Africa to decline between 5% and 10% in response to fragile consumer confidence and rising interest rates.



Despite a pleasing start to the second half we therefore anticipate single digit revenue growth and unchanged operating profit in continuing operations for the year to June 2016.
03-Nov-2015
(Official Notice)
Imperial advise its shareholders that all the ordinary and special resolutions proposed in the Notice of the AGM dated 24 August 2015 and tabled at the Company?s AGM held today, Tuesday 3 November 2015, were passed by the requisite majority of votes cast by shareholders.
03-Nov-2015
(Official Notice)
Imperial advise noteholders of the Issuer?s ZAR10,000,000,000.00 Domestic Medium Term Note Programme (the ?DMTN?) dated 22 September 2010 that the Annual Financial Statements of the Issuer for the year ended 30 June 2015 are available for inspection at the Issuer?s registered office and on the Imperial Group website at www.imperial.co.za.



The Annual Financial Statements for Imperial Holdings Ltd, the guarantor are also available for inspection at the Issuer?s registered office.

03-Nov-2015
(Official Notice)
Shareholders are advised that Imperial has reached agreement to dispose of the group?s interests in Goscor, an importer and distributor of industrial equipment, to the current management and minority Acquirers of Goscor (the Goscor Management).



The interests in Goscor that the Group will be disposing of are as follows:

*75% of the issued share capital of Uvundlu Investments Pty Ltd. held by Associated Motor Holdings Pty Ltd. (AMH), a 90% subsidiary of Imperial;

*67,5% of the issued share capital of Bobcat Equipment Rental Pty Ltd. held by Imperial;

*67,5% of the issued share capital of Bobcat Equipment SA Pty Ltd. held by Imperial; and

*42,1% of the issued share capital of Goscor Cleaning Equipment Pty Ltd. held by AMH;



collectively referred to as the Proposed Transaction. Goscor delivered Revenue of R 1 476 million in the financial year ended 30 June 2015 and had a net asset value of R 249 million as at 30 June 2015.



Salient terms of the proposed transaction

Goscor Acquirers will acquire the group?s interests in Goscor for a total purchase consideration of R 1.03 billion ("the purchase consideration"), which includes the discharge of shareholder loans of R 730 million. The shareholder loans will continue to bear interest and the purchase consideration (excluding the shareholder loans) will bear interest from 1 February 2016. The purchase consideration will be settled in cash upon fulfilment of the conditions precedent. The proceeds from the Proposed Transaction will be used to reduce debt until redeployed in accordance with the Group?s strategic and investment criteria.



Conditions precedent

The proposed transaction is subject to approval by the Competition Authorities.

05-Oct-2015
(Official Notice)
29-Sep-2015
(Official Notice)
Shareholders are advised that the Group?s 2015 Integrated Report, containing the Summarised Consolidated Annual Financial Statements for the year ended 30 June 2015, has been distributed to shareholders on 29 September 2015. There were no changes to the audited summarised preliminary results released on SENS on 25 August 2015. The full Annual Financial Statements, Integrated Report and Notice of AGM are also available on the Group website at www.imperial.co.za.



Notice of AGM

Shareholders are further advised that the AGM of Imperial will be held on Tuesday, 3 November 2015 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the AGM is contained in the aforementioned Integrated Report posted to shareholders on 29 September 2015.

29-Sep-2015
(Official Notice)
Further to the announcement on the proposed disposal to Hollard of the Regent Group (the ?Transaction?), Jurie Strydom will with immediate effect stand down as Chief Executive of the Regent Group. Andy Tennick and Mari Janzen will be appointed as Acting Joint Chief Executives of the Regent Group with immediate effect.



Jurie will remain a director of Imperial until the Imperial Annual General Meeting on the 4th November, dealing primarily with matters related to the Transaction.

29-Sep-2015
(Official Notice)
15-Sep-2015
(Official Notice)
Shareholders are advised that the Group?s full Consolidated Annual Financial Statements for the year ended 30 June 2015, are available on the Group?s website at www.imperial.co.za. There were no changes to the audited summarised preliminary results released on SENS on 25 August 2015. The full Annual Financial Statements contain an unmodified audit report, which is also available for inspection at the Company?s registered offices.



The Consolidated Annual Financial Statements incorporate the new format audit report issued by the Group?s external auditors Deloitte - Touche in accordance with the revised International Standards on Auditing relating to the auditor?s report. The audit report has been expanded to cover the key audit matters and how they were addressed in arriving at the audit opinion. The Company?s Integrated Report including the Summarised Consolidated Annual Financial Statements for the year ended 30 June 2015 and the Notice of Annual General Meeting will be posted to shareholders on or about 30 September 2015.
25-Aug-2015
(C)
Revenue for the year ended 30 June 2015 shot up by 7% to R110.5 billion (2014: R103.6 billion). Operating profit came in at R6.2 billion (2014: R6.2 billion), while net profit attributable to owners of Imperial lowered to R3.1 billion (2014: R3.3 billion). Furthermore, headline earnings per share from continuing operations shrunk by 3% to 1 458 cents per share (2014: 1 498 cents per share).



Preference dividend

Notice is hereby given that a gross final preference dividend of 380.51712 cents per preference share has been declared payable, by the Board of Imperial, to holders of non-redeemable, non-participating preference shares.



Ordinary dividend

Notice is hereby given that a gross final ordinary dividend in the amount of 445 cents per ordinary share has been declared payable, by the Board of Imperial, to holders of ordinary shares.



Prospects

The factors contributing to heightened uncertainty and volatility in economies, markets and industries globally are well publicised, as are the additional consequences of unemployment, low growth and confidence, increasing socio-political tensions, and electricity supply failures facing South African business. None of these are expected to change markedly in the short to medium term.



The factors most relevant to the fortunes of Imperial are: the weakening of the Rand against the currencies in which we import new vehicles; the poor state of the South African economy; a much slower than expected recovery of the German economy; and the impact of political uncertainty and a sustained low oil price on the economy and currency of Nigeria.



In the absence of a marked deterioration in the current conditions we expect Imperial to produce single digit growth of revenue and operation profit for continuing operations in 2016. 2016 performance to date is in line with expectations. Imperial embarked on various strategies to enhance the value added by the company and the competitiveness and sustainability of its subsidiaries. We are confident that these initiatives will improve risk adjusted returns and unlock shareholder value in the medium term.
24-Aug-2015
(Official Notice)
On the 7th May 2015 it was announced that Mr Thulani Gcabashe would resign as independent non-executive chairman of Imperial at the conclusion of the company?s Annual General Meeting on the 3rd November 2015, pursuant to his appointment as Chairman of Standard Bank South Africa Ltd.



The directors are pleased to announce the appointment of Dr Suresh Kana (60), BCom (Hons), MCom, CA (SA) to the board of Imperial with effect from 1st September 2015, with a view to him being appointed independent non-executive chairman of the board from the conclusion of the company?s Annual General Meeting on the 3rd November 2015.



Suresh joined Coopers - Lybrand as an Articled Clerk in 1976 and was admitted to the partnership in 1986, prior to its merger with Price Waterhouse in 1998. He has built a distinguished career with PwC, successfully filling roles of increasing responsibility in the Accounting Technical field, as Human Capital Leader, as Assurance Leader, and in leading and defining PwC?s Transformation and Corporate Social Responsibility Initiatives.



Between 2006 and 2009 he served on the PwC Global Board, which oversees the strategy, governance and operations of the PwC global network. In 2009, he was elected as Territory Senior Partner and Chief Executive Officer for PwC Southern Africa and in 2012 he was elected as Territory Senior Partner for PwC Africa, before his mandatory retirement in June 2015.



Suresh currently serves as an independent non-executive director of Murray and Roberts Holdings Ltd., JSE Ltd., Illovo Sugar Ltd. and is a Professor of Accounting at the University of Johannesburg. The University of Johannesburg and the Nelson Mandela Metropolitan University have both conferred Honorary Doctorates on Suresh in recognition of his professional and personal accomplishments throughout an illustrious career.



The board welcomes Suresh in the confidence that his leadership will advance the interests of all Imperial stakeholders in the years ahead.
19-Aug-2015
(Official Notice)
Shareholders are referred to the cautionary announcement dated 27 May 2015 and further cautionary announcement dated 8 July 2015, and are advised that the negotiations are still in progress between Imperial, and The Hollard Insurance Group and an associated party (?Hollard?), regarding the acquisition by Hollard of Imperial`s interest in Regent Insurance Company Ltd. and Regent Life Assurance Company Ltd. (?Regent?) (?Proposed Transaction?).



Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a detailed announcement on the Proposed Transaction is made.
08-Jul-2015
(Official Notice)
Shareholders are referred to the cautionary announcement dated 27 May 2015, and are advised that the negotiations are still in progress between Imperial and The Hollard Insurance Group, and an associated party (?Hollard?), regarding the acquisition by Hollard of Imperial`s interest in Regent Insurance Company Ltd. and Regent Life Assurance Company Ltd. (?Regent?) (?Proposed Transaction?).



Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a detailed announcement on the Proposed Transaction is made.
24-Jun-2015
(Official Notice)
04-Jun-2015
(Official Notice)
Shareholders are referred to the Imperial circular dated 6 June 2005, the Lereko Mobility ((Pty)) Ltd. ("Lereko") pre-listing statement dated 12 May 2005, the Eqstra unbundling circular dated 20 March 2008 and various SENS announcements including the Imperial SENS announcement dated 30 September 2010, wherein the issue of equity shares to Lereko in terms of a Black Economic Empowerment ("BEE") transaction, were detailed ("Lereko BEE transaction"). The Lereko BEE transaction, including the repurchase of ordinary shares by Imperial, was approved by shareholders in 2005.



In terms of the Lereko BEE transaction, Imperial was granted the right to repurchase a formula determined number of Imperial shares from Lereko at the original subscription price of 4 cents each ("the repurchase right"). Shareholders are advised that, in terms of the Lereko BEE transaction, Imperial has on 4 June 2015 repurchased 5 864 944 Imperial ordinary shares (equivalent to 2.8% of the Imperial ordinary shares in issue) held by Lereko, in terms of the repurchase right ("the Imperial repurchased shares").



The Imperial repurchased shares will be delivered to Imperial on 17 June 2015 and an application will be submitted to the JSE for the delisting and cancellation thereof with effect from 15 June 2015. The repurchase will have no material impact on the group?s financial position, profit or loss and cash flow statements.



Working Capital Statement

After the repurchase:

* the company and the group will be able in the ordinary course of business to pay its debts for a period of 12 months after the date of the repurchase;

* the assets of the company and the group will be in excess of the liabilities of the company and the group for a period of 12 months after the date of the repurchase;

* the share capital and reserves of the company and the group will be adequate for ordinary business purposes for a period of 12 months after the repurchase;

* the working capital of the company and the group will be adequate for ordinary business purposes for a period of 12 months after the repurchase.



The board has authorised the repurchase and the company has passed the solvency and liquidity test. Since the test was performed, there have been no material changes to the financial position of the group.
27-May-2015
(Official Notice)
Shareholders are advised that Imperial has entered into exclusive negotiations with The Hollard Insurance Group and an associated party (?Hollard?) regarding the acquisition by Hollard of Imperial's interest in Regent Insurance Company Ltd. and Regent Life Assurance Company Ltd. (?Regent?) (?Proposed Transaction?).



Rationale

The Regent business consists of long and short term licences in South Africa, Botswana and Lesotho. It covers both motor-related insurance as well as a number of non-motor areas.



While the business of Regent has grown strongly since its establishment, a large fast growing portion of Regent?s revenue and profits are unrelated to the Group?s core vehicle and logistics businesses and enjoy no strategic, competitive or financial advantage from Imperial?s ownership.



The growth prospects and value of these unrelated businesses will be better advanced by owners with established capability and scale in financial services and insurance.



Therefore, and consistent with its espoused strategy to invest in its core capabilities, Imperial has decided to dispose of the business and insurance licences of Regent, in a transaction structured to allow the group continued access to the income flows generated by the distribution of vehicle related insurance and value added products, through Imperial?s extensive dealership network.



The proceeds from the proposed transaction will be invested in due course in the expansion of the group?s core businesses while initially reducing short term debt.



Next steps

The exclusivity period for the negotiations is three months. Shareholders will be advised as soon as the parties either terminate negotiations or intend to seek the required governance and regulatory approvals.



Cautionary announcement

Shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement on the Proposed Transaction is made.
14-May-2015
(Official Notice)
Pursuant to his career development, Mr Mohammed Akoojee has been appointed Chief Executive Officer of the Rest of Africa sub division of Imperial Logistics Africa, a division of Imperial Holdings, with effect from 1st October 2015. As a result of this appointment he will resign from the board of Imperial as executive director of mergers, acquisitions, strategy and investor relations, on the 30th September 2015.
07-May-2015
(Official Notice)
Arising from his appointment as Chairman of Standard Bank of South Africa Ltd., a position which precludes other directorships, Mr Thulani Gcabashe has elected to resign from the board of Imperial at the conclusion of the AGM on the 3rd November 2015.
30-Apr-2015
(Official Notice)
Notice is hereby given in terms of section 45(5) of the Companies Act, 2008 (the Companies Act), that the board of the Company has adopted resolutions to provide financial assistance to a related or inter-related company of the Company contemplated in section 45(2) of the Companies Act. The resolutions adopted by the board relate to financial assistance to related or inter-related companies of the Company in connection with a guarantee by the Company for the obligations of Imperial Mobility Finance B.V in favour of ABSA Bank Ltd., Commerzbank Atiengesellschaft, Filiale Luxemburg and Unicredit Bank Austria AG (each as Arranger), Commerzbank International S.A, as agent, and the financial institutions identified as the original Lenders (the Lenders) in the facility agreement to be concluded between, amongst others, Imperial Mobility Finance B.V, the Company, and Imperial Mobility International BV, as guarantors, and the Lenders (the Facility Agreement).
24-Feb-2015
(Official Notice)
The directors are pleased to announce the appointment of Messrs Peter Cooper (59), BCom (Hons), CA (SA), HDip (Tax) and Graham Wayne Dempster (59) BCom, CTA, CA (SA), AMP (Harvard), to the board of Imperial. The appointments are effective from 24 February 2015.

24-Feb-2015
(C)
09-Feb-2015
(Official Notice)
This trading statement is published in compliance with paragraph 3.4(b) of the JSE Listings Requirements.



Operating Profit, EPS, HEPS and Core earnings per share



Shareholders are referred to the guidance provided on the publication of the group?s full year results on 27 August 2014 and to the CEO?s statement presented at the Annual General Meeting and published on SENS on 4 November 2014.



The following provides further guidance on the expected decrease in operating profit, earnings per share (?EPS?), headline earnings per share ("HEPS") and core earnings per share ("Core EPS") for the half year ended 31 December 2014:



December 2013 - December 2014 expected range





*Operating income: R3 166 million - R2 913 to R2 818 million

*EPS: 898 cents - 754 to 727 cents

*HEPS: 831 cents - 765 to 740 cents

*Core EPS: 937 cents - 815 to 787 cents



As expected and previously communicated, the decline in Operating Income is attributable to Rand weakness, impacting the competitiveness and profitability of the Vehicle Import, Distribution and Dealership division.



The core EPS number excludes significant non-operational items of income and expenditure which are included in the reported EPS and HEPS.



The EPS decline is higher than the HEPS decline due to the prior year EPS benefiting from profits on the sale of businesses and properties, which are excluded in arriving at HEPS. The most significant difference between HEPS and Core EPS is a once-off foreign exchange gain of 39 cents per share, which has been excluded from the Core EPS.



The forecast financial information herein has not been reviewed or reported on by Imperial's auditors. This update is based on available information at the time of publication.



Imperial?s results for the 6 months to December 2014, including an update on the group?s outlook for the full year performance to June 2015, will be released on SENS on 24 February 2015.
04-Nov-2014
(Official Notice)
Imperial advised its shareholders that all the ordinary and special resolutions proposed in the Notice of the AGM dated 26 August 2014 and tabled at the Company's AGM held on Tuesday 4 November 2014, were passed by the requisite majority of votes cast by shareholders.
04-Nov-2014
(Official Notice)
Pursuant to his decision to retire and relocate to Cape Town, Mr Recht Louis (Tak) Hiemstra resigned from the Imperial board at the conclusion of the board meeting on 4 November 2014. Shareholders are further reminded of the announcement on 27 August 2014 of the retirement from the board of Messrs HR Brody and GW Riemann, effective 31 December 2014.
29-Oct-2014
(Official Notice)
The notice convening the Imperial annual general meeting, to be held at 09h00 on Tuesday, 4 November 2014 ("Notice") was made available on the Company's website (www.imperial.co.za) on 30 September 2014 and included in the 2014 Integrated Report, which was posted to shareholders on 30 September 2014.



In terms of special resolution number 2, contained in the Notice, general authority is sought to repurchase the company?s shares. The proposed maximum percentage of shares which may be repurchased is 15% of the company?s issued share capital, being the maximum permissible in terms of the JSE Listings Requirements.



Subsequent to the posting of the Notice, the Company has received communication from a proxy advisory firm that the maximum permissible limit of 15% appears unduly high and that it was advising against supporting the resolution.



Imperial has accordingly decided to provide an undertaking that, should Special Resolution 2 be approved as tabled, the maximum percentage of shares which will be repurchased in terms of the approval shall be 5% (five percent) of the company?s issued share capital. Should the company wish to embark on any repurchase in excess of 5%, the approval of shareholders will again be sought.

Shareholders are accordingly requested to support Special Resolution 2.



The Company encourages participation by shareholders in the voting at the AGM, and advises them to make the necessary arrangements timeously to attend or be represented at the AGM and, where required, to furnish voting instructions to their CSDP or broker in good time. The record date for the purposes of participating and voting at the AGM is Friday, 24 October 2014.



In order for forms of proxy (which are contained in the company?s 2014 integrated report) to be valid for the purposes of the AGM, they are required to be lodged at the offices of the company?s transfer secretaries, Computershare Investor Services (Pty) Limited, 70 Marshall Street, Johannesburg, South Africa (or mailed to be received by them at P O Box, 61051, Marshalltown, 2107, South Africa) by no later than 09h00 on 3 November 2014.
23-Oct-2014
(Official Notice)
Shareholders are hereby advised that Imperial has entered into an agreement, in terms of which it will acquire a 70% interest in the company, for a total cash consideration of EUR46 million (the "Purchase Consideration"). The effective date of the Transaction is 1 September 2014.



Salient terms of the Transaction

Imperial will acquire a 70% interest in Imres for a cash consideration of EUR46 million. The vendors have provided warranties which are customary for a transaction of this nature. The transaction includes put and call arrangements relating to the transfer of the remaining shares in the company over an extended period to Imperial.



All conditions precedent have been fulfilled and the Transaction is therefore unconditional.



Subsequent to the transaction the shareholding of the company will be:

* Imperial 70%

* Key management (vendors) 30%.
13-Oct-2014
(Official Notice)
Shareholders are referred to the Lereko Black Economic Empowerment ("BEE") transaction, concluded in 2005 ("Lereko BEE transaction").



Shareholders are advised that Lereko Mobility (Pty) Ltd. ("Lereko") has increased its investment in Imperial by the acquisition of a further 36 985 Imperial shares on the open market at a price of R169.52 per share.



The shares will be held in addition to 5 886 422 Imperial ordinary shares acquired by Lereko in terms of the Lereko BEE Transaction.
30-Sep-2014
(Official Notice)
Shareholders are advised that the Group?s Summarised Consolidated Annual Financial Statements for the year ended 30 June 2014, as contained in the 2014 Integrated Report have been posted to shareholders on 30 September 2014. There were no changes to the audited summarised preliminary results released on SENS on 27 August 2014.



Notice of AGM

Shareholders are further advised that the AGM of Imperial will be held on Tuesday, 4 November 2014 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the AGM is contained in the aforementioned Integrated Report posted to shareholders on 30 September 2014.



The full Annual Financial Statements, Integrated Report and Notice of AGM are also available on the Group website at www.imperial.co.za. The full Annual Financial Statements contain an unqualified audit report, which is also available for inspection at the Company?s registered offices.

27-Aug-2014
(C)
06-May-2014
(Official Notice)
The directors announced the appointment of Mr Philip Bernard Michaux, to the board of Imperial.



Philip is the Chief Executive Officer of the group's Automotive Retail and Car Rental Division, and a member of the Group Executive Committee.



The change is effective from 6 May 2014.
10-Apr-2014
(Official Notice)
Shareholders are referred to the Lereko Black Economic Empowerment ("BEE") transaction, concluded in 2005 ("Lereko BEE transaction").



Shareholders are advised that Lereko Mobility (Pty) Ltd. ("Lereko") has increased its investment in Imperial by the acquisition of a further 47 950 Imperial shares on the open market.



The shares will be held in addition to 5 886 422 Imperial ordinary shares acquired by Lereko in terms of the Lereko BEE Transaction.
26-Feb-2014
(C)
20-Feb-2014
(Official Notice)
Imperial announced that Mr Mark James Lamberti (63), BCom, MBA, PPL (Harvard), has been appointed as chief executive officer of Imperial, succeeding Mr Hubert Brody with effect from 1 March 2014. The appointment was made after an extensive search by the Nominations Committee, during which a number of external and internal candidates were considered. Hubert Brody will remain on the board of Imperial as a non-executive director.
07-Nov-2013
(Official Notice)
Imperial announced the appointment of Messrs Mohammed Akoojee (34) and Johann Jurie Strydom (38), both of whom are currently members of the Executive committee, as executive directors to the board of Imperial.



Following the restructuring of Ukhamba Holdings (Ukhamba), which was previously represented on the board by Mrs T Dingaan, Ukhamba will no longer be entitled to appoint a director to Imperial's board. Mrs Dingaan has however agreed to remain on the board of Imperial as an independent non-executive director.



The changes are effective from 7 November 2013.
07-Nov-2013
(Official Notice)
Imperial advised its shareholders that all the ordinary and special resolutions proposed in the Notice of the AGM dated 20 August 2013 and tabled at the Company's AGM held on Thursday 7 November 2013, were passed by the requisite majority of votes cast by shareholders.
21-Oct-2013
(Official Notice)
Imperial shareholders ("Shareholders") are advised that, at the general meeting held today, 21 October 2013, at the registered offices of the Company, all of the proposed resolutions set out in the notice of general meeting included in the circular to Shareholders, dated 18 September 2013, were approved by the requisite majority.



The special resolution will be lodged with the Companies Intellectual Property Commission.
10-Oct-2013
(Media Comment)
Business Day reported that Imperial Car Imports has gained competition authority approval to increase its ownership of Renault SA to 60%. The amount to be paid for the additional 11% bought by Renault France is undisclosed. Renault SA has a 3.8% share of South Africa's car market.
02-Oct-2013
(Official Notice)
Imperial announced that the chief executive, Mr Hubert Brody, has given notice of his intention to step down from the position of CEO of the group during the first half of the 2014 calendar year. He will however remain on the board as a non-executive director. A suitable successor for the position of group chief executive officer will be sought and Hubert's responsibilities will be handed over in a structured process. The board has commenced a process to identify a suitable successor and further announcements in this regard will be made when appropriate.
30-Sep-2013
(Official Notice)
Shareholders are advised that the group's Abridged Annual Financial Statements for the year ended 30 June 2013, as contained in the 2013 Integrated Report, together with a compact disk containing the full 2013 Annual Financial Statements and the 2013 Sustainability Report, have been posted to shareholders on 30 September 2013. There were no changes to the audited summarised preliminary results released on SENS on 20 August 2013.



Notice of AGM

Shareholders are further advised that the AGM of Imperial will be held on Thursday, 7 November 2013 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the AGM is contained in the aforementioned Integrated Report posted to shareholders on 30 September 2013.



The full Annual Financial Statements, Integrated Report and Notice of AGM are also available on the Group website at www.imperial.co.za. The full Annual Financial Statements contain an unqualified audit report, which is also available for inspection at the company's registered offices.
18-Sep-2013
(Official Notice)
05-Sep-2013
(Official Notice)
Imperial announce that Mrs S L (Santie) Botha has resigned from the board as a result of other commitments. The change is effective from 5 September 2013.

20-Aug-2013
(C)
19-Jun-2013
(Official Notice)
Imperial announce that Mr Moeketsi Mosola, the CEO of the group's Tourism Division, has resigned from this position and as a member of the Imperial Executive Committee with effect from the 30th of June 2013. Osman Arbee will oversee the division from 1 July 2013 in addition to his role as group financial director.
13-May-2013
(Official Notice)
15-Mar-2013
(Official Notice)
Shareholders of Imperial are advised that at the special general meeting held on Friday, 15 March 2013, the proposed resolution for the adoption of the new Memorandum of Incorporation and the associated ordinary resolution were approved by the requisite majorities.
11-Mar-2013
(Media Comment)
According to Finweek, chief executive officer Hubert Brody said Imperial intends to expand its logistics arm through acquisitions until the division contributes about half the group's annual revenue. Logistics currently contributes 35% towards Imperial's annual revenue. The group may spend up to R4 billion on logistics acquisitions, part of which will be funded through borrowing. Brody added that although such acquisitions will be in South Africa, the rest of Africa and Europe, Africa south of the equator reflects the most attractive opportunities for logistics purchases.
28-Feb-2013
(Official Notice)
Imperial announced that Mr TS Gcabashe has stepped down as chairman of the Remuneration and Nomination committee ("the committee") in order to bring the chairmanship of the committee in line with the recommendations of King 3. Mr Gcabashe will continue as member of the committee and chairman of the board.



Mr RJA Sparks, who is an independent non-executive member, has been appointed as the chairman of the committee with immediate effect.
27-Feb-2013
(C)
22-Nov-2012
(Media Comment)
Business Day reported that Imperial subsidiary, Imperial Logistics, has received approval from the Competition Commission for the acquisition of KWS Carriers ("KWS"). KWS operates a logistics business that moves bulk commodities.
31-Oct-2012
(Official Notice)
Imperial announced that the group financial director, Mr Hafiz Mahomed, reaches the group's normal retirement age of 63 during 2013. He has indicated that he intends to retire as a director at the end of the current financial year on 30 June 2013. He will however remain in the employ of the group until the end of 2013 in order to ensure a seamless handover of his responsibilities to his successor.



The board has therefore announced that Osman Suluman Arbee will be appointed as the financial director of the group effective from 1 of July 2013. Osman is currently the CEO of the Car Rental division and Chairman of the Tourism, Motor Dealership and Automotive Parts Distribution divisions. He is a director of Distribution and Warehousing Network (DAWN) Ltd and Ukhamba Holdings (Pty) Ltd, the group' empowerment partner. He was a senior partner at Deloitte before joining Imperial.



Philip Bernard Michaux, a member of Imperial's executive committee, will succeed Osman as the CEO of the Car Rental division, in addition to his position as CEO of the Automotive Retail division. It has been agreed with Manny de Canha, the CEO of Associated Motor Holdings (AMH), who also reaches the group's normal retirement age during 2013 to extend his contract as CEO of AMH and as a member of the board on a fixed term contract in line with the group's post retirement employment policy.
31-Oct-2012
(Official Notice)
Shareholders of Imperial are advised that the ordinary and special resolutions proposed at the annual general meeting held on Wednesday, 31 October 2012 were approved by the requisite majorities, with the exception of special resolution number 5, adoption of the new Memorandum of Incorporation (MOI). The resolution was withdrawn following a concern raised by an advisory firm to certain of our foreign shareholders regarding the issue of re-election by rotation of executive directors in the MOI. We wish to consult with key stakeholders on the issue after which, a special shareholders? meeting will be convened in 2013 to adopt the MOI.
28-Sep-2012
(Official Notice)
Shareholders are advised that the Group's Abridged Annual Financial Statements for the year ended 30 June 2012, as contained in the 2012 Integrated Report, together with a compact disk containing the full 2012 Annual Financial Statements and the 2012 Sustainability Report, were posted to shareholders on 28 September 2012. There were no changes to the audited condensed preliminary results released on SENS on 22 August 2012.



Notice of AGM

Shareholders are further advised that the AGM of Imperial will be held on Tuesday, 31 October 2012 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the AGM is contained in the Integrated Report posted to shareholders on 28 September 2012.



The full Annual Financial Statements, Integrated Report and Notice of AGM are also available on the group website at www.imperial.co.za
18-Sep-2012
(Official Notice)
Shareholders are advised that Imperial has entered into an agreement with RTT Group (Pty) Ltd., in terms of which it will acquire RTT Health Sciences (the "Transaction"). The businesses acquired include RTT Medical, RTT Trans Africa, RTT Consumer Health and RTT Essentials. The Transaction also includes the acquisition of 100% of the issued shares of Fuel Africa Logistics (Pty) Ltd., RTT Kenya Ltd. and RTT Ghana Ltd., subject to the fulfilment of the conditions precedent referred to below. The primary shareholders of RTT Group (Pty) Ltd. include Actis, Rand Merchant Bank and Old Mutual.



Imperial's acquisition criteria

The Transaction meets Imperial's internal acquisition criteria. The acquisition is earnings enhancing to Imperial's core earnings and it is also aligned to Imperial's required return on invested capital. In its financial year ended August 2012, RTT Health Sciences generated c.R1.1 billion.



Salient terms of the Transaction

Imperial will acquire RTT Health Sciences for a total enterprise value of R500 million ("Purchase Consideration"). The Purchase Consideration will be adjusted by interest of 350 bps above JIBAR per annum from 1 September 2012 until the payment date. Net profit after tax of the company from 1 September 2012 will form part of the net asset value acquired by Imperial. The Transaction will be funded from existing funding resources of the group. The vendors have given warranties which are customary for a transaction of this nature.



Conditions precedent

The Transaction is subject to Competition Commission Approval in South Africa as well as South African Reserve Bank Approval.



Effective date of the Transaction

The effective date of the Transaction is 1 September 2012 subject to the fulfilment of the conditions precedent, which have to be fulfilled on or before 20 January 2013.
22-Aug-2012
(C)
16-Aug-2012
(Official Notice)
Preference and ordinary shareholders of Imperial are advised that all ordinary and special resolutions proposed at the meeting of preference shareholders and the combined general meeting held on Thursday, 16 August 2012 were approved by the requisite majorities.
13-Aug-2012
(Official Notice)
Imperial is pleased to provide guidance regarding the range of the expected change in earnings per share ("EPS"), headline earnings per share ("HEPS") and core earnings per share ("Core EPS") for the year ended 30 June 2012:

*EPS -- increase of between 13% to 17% on June 2011's 1 346cps

*HEPS -- increase of between 12% and 16% on June 2011's 1 370cps

*Core EPS -- increase of between 30% and 34% on June 2011's 1 234cps



The group has decided to report a core earnings number, which excludes significant non-operational items of income and expenditure from reported headline earnings. The most significant adjustments to HEPS to arrive at Core EPS for the year ended June 2012 were adding back amortisation of intangibles, as well as business acquisition costs and deducting profits from discontinued operations. The most significant adjustment to HEPS to arrive at Core EPS for the prior year was the exclusion of the profit on the revaluation of the Lereko call option.



Revenue and operating profit

Imperial performed well in the year ended 30 June 2012 with strong revenue and operating profit growth. Revenue and operating profit are both expected to be between 24% and 26% higher than the comparative period. This update is based on available information at the time of publication. Imperial?s interim results are expected to be released on SENS on or about 22 August 2012.
16-Jul-2012
(Official Notice)
Shareholders are referred to the announcement published by Imperial on 11 July 2012 regarding the proposed amendment to the terms of the non-redeemable, non-participating preference shares with a par value of four cents each in the share capital of Imperial ("preference shares") with respect to the introduction of Dividends Tax in accordance with the Income Tax Act (Act 58 of 1962).



Shareholders are hereby further notified that a circular will be posted to shareholders on Monday, 16 July 2012, regarding the proposed amendment to the terms of the preference shares with respect to the introduction of dividends tax; a proposed amendment to the terms of the convertible deferred ordinary shares with a par value of four cents each in the share capital of Imperial, which are held by Ukhumba Holdings (Pty) Ltd. to rectify a notice period; and the consequent amendment of the Memorandum of Incorporation.



The preference shareholders general meeting will be held on Thursday, 16 August 2012 at 09h00 and the combined general meeting will be held on Thursday, 16 August 2012 at 09h15, both meetings at Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview, 2007.
11-Jul-2012
(Official Notice)
Shareholders were advised that the company proposes, subject to obtaining the requisite shareholder approval, to amend the terms of the non-redeemable, non-participating preference shares with a par value of four cents each in the share capital of Imperial ("preference shares"). The amendments will take account of the amendments to the Income Tax Act (Acts 58 of 1962) relating to the introduction of Dividends Tax. The recent developments in the tax regime have resulted in the introduction of the new dividend withholding tax, namely Dividends Tax, which has replaced Secondary Tax on Companies (STC) with effect from 1 April 2012. These developments have had an impact on the terms of the preference shares and as a result, the company has considered appropriate to amend certain terms for the preference shares.



Proposed amendments

The proposed amendments to the terms of the preference shares will increase the preference dividend rate from 75 percent of the prime rate to 82.5 percent of the prime rate. The increase approximates to the potential benefit to the company resulting from the abolition of STC. These amendments will apply to dividends declared and paid on preference shares on or after 1 April 2012, the date on which dividends tax became effective. The preference dividend payable on 1 October 2012 for the dividend period 26 December 2011 to 25 June 2012 will thus be increased to 82.5 percent of the prime rate.



Notice of general meetings

A notice of preference shareholders general meeting and notice of combined general meeting of preference shareholders and Imperial ordinary shareholders containing, inter alia, the resolution to be passed by shareholders in respect of the proposed amendment, will be posted to shareholders on or about 16 July 2012.
20-Jun-2012
(Official Notice)
Mr RL Hiemstra has announced his intention to retire as an executive director of Imperial at the end of September 2012. He will however remain on the board as a non-executive director of the company. Mr Hiemstra's responsibilities for strategic development will be assumed by Mr Mohammed Akoojee, a member of the executive committee since January 2011.
22-Feb-2012
(Official Notice)
Imperial is pleased to announce that Mr JJ Strydom (36)(BBus Sc, FIA, CFA, MBA)has been appointed as the CEO of the Regent group. He will also join the executive committee of Imperial Holdings Ltd. Jurie joined the group in 2007 as chief actuary of Regent Life and was appointed to the Regent board in the same year. He previously held positions in Sanlam and as managing director of Alexander Forbes Life. The changes are effective from 22 February 2012.
22-Feb-2012
(C)
08-Feb-2012
(Official Notice)
Imperial provide guidance regarding the range of the expected change in earnings per share ("EPS"), headline earnings per share ("HEPS") and core earnings per share ("Core EPS") for the half year ended 31 December 2011. Imperial performed well in the half year ended 31 December 2011 with strong revenue and operating profit growth. Revenue and operating profit is expected to be between 20% and 25% higher than the comparative period. The forecast financial information herein has not been reviewed or reported on by Imperial's auditors. This update is based on available information at the time of publication. Imperial's interim results are expected to be released on SENS on or about 22 February 2012.
01-Nov-2011
(Official Notice)
Shareholders of Imperial were advised that the ordinary and special resolutions proposed at the annual general meeting held on Tuesday, 1 November 2011 were approved by the requisite majorities.
12-Oct-2011
(Official Notice)
Mr Philip Michaux (51) has been appointed to the executive committee of Imperial. Philip is the CEO of the Imperial Automotive Retail division, which is responsible for Imperial owned OEM aligned retail outlets in South Africa and the United Kingdom as well as the Accessory and Leisure products businesses of the group. The appointment is effective from 12 October 2011.
30-Sep-2011
(Official Notice)
Shareholders are advised that the group's Abridged Annual Financial Statements for the year ended 30 June 2011, as contained in the Integrated Report, were posted to shareholders on 30 September 2011. There were no changes to the audited preliminary results released on SENS on 24 August 2011.



Notice of AGM

Shareholders are further advised that the annual general meeting of the company will be held on Tuesday, 1 November 2011 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the AGM is contained in the Integrated Report posted to shareholders on 30 September 2011. The full Annual Financial Statements, Integrated Report and Notice of Annual General Meeting are available on the group website at www.imperial.co.za
30-Sep-2011
(Official Notice)
24-Aug-2011
(C)
22-Aug-2011
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 11 July 2011 and advised that discussions regarding the offshore acquisition are still in progress which, if successfully concluded, may have an effect on the price at which the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
08-Aug-2011
(Official Notice)
Shareholders of Imperial are advised that the special resolution proposed at the general meeting held on Monday, 8 August 2011 was approved by the requisite majority.
12-Jul-2011
(Media Comment)
According to Business Report, Imperial might aim to expand its Imperial Logistics International unit through a European acquisition. Imperial got about a tenth of its R31.4 billion of first-half revenue from Imperial Logistics in Germany.
11-Jul-2011
(Official Notice)
Shareholders are advised that the company has entered into a process relating to an offshore acquisition, which if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
08-Jul-2011
(Official Notice)
Shareholders are advised that a General Meeting of Imperial will be held on Monday, 8 August 2011 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The purpose of the General Meeting is to obtain approval to allow the company to provide direct or indirect financial assistance to any related or inter-related company or corporation in respect of the new Companies Act of 2008 (Act 71 of 2008). The Notice of General Meeting will be posted to shareholders today, Friday, 8 July 2011, by registered post.
22-Jun-2011
(Official Notice)
Imperial announce that Mr Roy McAlpine has retired as non-executive director of Imperial, having reached the mandatory retirement age for non- executive directors. Imperial expresses its gratitude to Mr McAlpine for 13 years of dedicated service to the company and wishes him well for the future. His retirement will be effective from 30 June 2011. Imperial announce the appointment of Mrs Santie Botha as non- executive director to the board of Imperial. The appointment is effective from 1 September 2011.

10-Jun-2011
(Official Notice)
Imperial provided guidance regarding the range of the expected increase in headline earnings per share ("HEPS") and earnings per share ("EPS") for the year ending 30 June 2011:

*HEPS -- increase of 30% to 40% on 992 cents for 30 June 2010

*EPS -- increase of 23% to 33% on 1 047 cents for 30 June 2010



Operating profit is expected to be higher than the R3 288 million in the comparative period in 2010 by a similar range to the expected increase in HEPS. The group will not, as was done for the year ended 30 June 2010, report separately on discontinued operations for the 2011 year end, since this number has become insignificant in relation to overall group results. This update is based on available information at the time of publication. Imperial's year end results are expected to be released on SENS on or about 24 August 2011.
08-Apr-2011
(Media Comment)
Business Day reported that Imperial will distribute Mitsubishi vehicles in South Africa from June. Imperial said the group will now be allowed to import and wholesale Mitsubishi products such as the Triton, Pajero, Pajero Sport, Outlander and Lancer vehicles. Imperial's Osman Arbee commented the company was hoping to match the success that it has had with Hyundai and Kia.
01-Mar-2011
(Media Comment)
Business Report indicated that Imperial, the listed transport and mobility group, is moving back to its roots as a growth company after going through a difficult period of consolidation and a focus on cost efficiencies. Hubert Brody, Imperial's chief executive, said the group could make acquisitions worth R2 billion a year with some ease for the foreseeable future as long as the group generated a similar amount of profit each year. Brody added that Imperial's strong capital position would support the expansion of the southern African logistics business into the African continent, while the focus in the tourism division was on seeking further service businesses that were light on assets and could add value to the existing car rental and coach touring businesses.
23-Feb-2011
(C)
01-Feb-2011
(Official Notice)
Shareholders are referred to the trading statement published on 10 November 2010. Imperial is provided further guidance regarding the range of the expected increase in headline earnings per share ("HEPS") and earnings per share ("EPS") for the half year ended 31 December 2010:

* HEPS : 503 cents - 40% to 45%

* EPS : 523 cents - 35% to 40%

Operating profit is expected to be between 45% and 50% higher than the R1 441 million in the comparative period in 2009. Imperial's interim results are expected to be released on SENS on or about 23 February 2011.
18 Jan 2011 16:06:52
(Official Notice)
Imperial announced that Mr Mohammed Akoojee has been appointed as a member of the executive committee of Imperial. Mr Akoojee will assume the responsibility for investor relations which was previously under Mr R L Hiemstra. Mr Hiemstra remains a member of the executive committee and the board of Imperial and continues to be responsible for the strategy and business development portfolios, as well as the group's residual aviation interests. Mr Akoojee (32) joined the group on 1 October 2009. The appointment is effective from 18 January 2011.
23 Dec 2010 10:32:15
(Official Notice)
Shareholders of Imperial are referred to the circular dated 12 November 2010 as well as the announcement released on SENS on 6 December 2010 relating to the specific repurchase of treasury stock currently held by a wholly-owned subsidiary of Imperial, Imperial Corporate Services (Pty) Ltd, in terms of section 85 of the Companies Act (the "repurchase"), which was approved at the general meeting.



Terms of the specific repurchase

In terms of this approval, Imperial has repurchased 16 000 000 treasury stock on 22 December 2010 at a price of R125.00 per Imperial ordinary share, being the closing share price of an Imperial ordinary share on the JSE exchange on 21 December 2010.



The treasury stock will, following their repurchase, be cancelled as issued shares and restored to the status of authorised shares. A separate announcement will be made on SENS should any further repurchases be made in terms of the authority granted by shareholders on 6 December 2010.
06 Dec 2010 11:28:39
(Official Notice)
Shareholders of Imperial are referred to the circular dated Friday, 12 November 2010, regarding the specific repurchase of 23 864 456 Imperial ordinary shares, held as treasury stock, from its wholly-owned subsidiary Imperial Corporate Services (Pty) Ltd (the "repurchase"). The price at which the treasury stock will be repurchased will be set at the closing price of the ordinary shares at the date of implementation of such repurchases. Such price will be no more than a 10% discount and at no premium to the 30-day volume weighted average price of Imperial ordinary shares on the day before the repurchase is effected. An announcement will be released on SENS to disclose the price at which the repurchase is implemented.



Results of general meeting

Shareholders are advised that the repurchase special resolution proposed at the general meeting held on Monday, 6 December 2010 was approved by the requisite majority.
01 Dec 2010 11:50:26
(Media Comment)
According to Business Report, Imperial has further complemented its automotive business with the acquisition of the panel beating firm Danmar Autobody Group for an undisclosed amount. the deal was effective from the beginning of last month and the business will continue to trade as Danmar Autobody. Imperial director Osman Arbee commented that the purchase of Danmar ensured it was able to offer quality vehicle repair services to all its customers.
10 Nov 2010 17:07:28
(Official Notice)
Imperial provide the following guidance regarding the range of the expected increase in headline earnings per share ("HEPS") and earnings per share ("EPS") for the half year ending on 31 December 2010:

*HEPS expected increase of 25% to 45%

*EPS expected increase of 20% to 40%

*Operating profit is expected to be between 30% and 50% higher than the R1 441m in the comparative period in 2009.

The financial information, on which the trading statement is based, has not been reviewed or reported on by Imperial`s auditors. This update is based on available information at the time of publication. Imperial`s interim results are expected to be released on SENS on or about 23 February 2011.

03 Nov 2010 14:53:55
(Official Notice)
Shareholders of Imperial are advised that the ordinary and special resolutions proposed at the annual general meeting held on Wednesday, 3 November 2010 were approved by the requisite majorities. The special resolution will be lodged for registration with the Companies and Intellectual Property Registration Office as required by the Companies Act, 1973, as amended, in due course.
29 Oct 2010 15:07:29
(Official Notice)
Shareholders were referred to the SENS announcement dated, 21 October 2010 relating to, inter alia, the successful sanctioning of the scheme of arrangement by the High Court of Namibia and the approval of the merger by the South African Competition Tribunal. Shareholders were hereby advised that the merger has been approved by the Namibian Competition Commission subject to two conditions. Both these conditions were acceptable to Imperial and CIC Holdings Ltd ("CIC"). The first condition was of an administrative nature and the second relates to a future undertaking to introduce local participation in the Namibian operations of CIC's business in due course.



Shareholders were further advised that Imperial has waived the procedural conditions referred to in the announcement of 21 October 2010 after appropriate undertakings were received from CIC. The last outstanding condition, namely the registration of the Court Order sanctioning the scheme, has now also been fulfilled and shareholders are advised that the Court Order has been duly registered by the Registrar of Companies (Namibia). Accordingly all conditions precedent to the scheme have therefore been fulfilled.
21 Oct 2010 11:31:12
(Official Notice)
Shareholders are referred to the SENS announcements dated, 28 September 2010 and 13 October 2010. Shareholders are hereby advised that:

*The High Court of Namibia duly sanctioned the scheme of arrangement on Wednesday, 20 October 2010; and

*The South African Competition Tribunal unconditionally approved the merger between Imperial and CIC on Wednesday, 20 October 2010.



Shareholders are further advised that the implementation of the scheme of arrangement remains conditional on the following regulatory conditions:

*The registration of the Court Order sanctioning the scheme by the Registrar of Companies (Namibia); and

*The approval of the Namibian Competition Authorities (either unconditionally or subject to conditions acceptable to both CIC and Imperial).



Following the fulfilment of the above regulatory conditions the scheme will remain conditional on the following procedural conditions, which will be fulfilled automatically on the operative date of the scheme and the scheme consideration settlement date, if:

*No dividend, distribution of any nature, or similar payment, other than dividends in the normal course and on the same basis as dividends have been calculated and paid historically, is declared by CIC between the date of the announcement on 13 July 2010 and the operative date of the scheme; and

*Prior to the scheme consideration settlement date, CIC does not, except in pursuance of a contract entered into earlier, undertake any of the actions referred to in Rule 19 of the SRP Code, without the prior written consent of the SRP and of Imperial which consent shall not unreasonably be withheld or delayed.



Further announcements regarding the fulfilment or otherwise of the above conditions will be released on SENS in due course.

08 Oct 2010 13:59:46
(Official Notice)
Shareholders are referred to the announcement released on SENS and in the press, dated 28 September 2010, wherein shareholders were advised that the scheme of arrangement, proposed by Imperial, between CIC Holdings Ltd ("CIC") and its shareholders was approved by the requisite majority of shareholders present and voting, in person or by proxy, at the meeting of scheme members, held on 28 September 2010, at the registered office of CIC in Namibia, being the Corner of Iscor and Solingen Streets, Northern Industrial Area, Windhoek, Namibia.



Shareholders are hereby advised that the High Court of Namibia ("the court") has postponed the date of hearing the application to sanction the scheme to 10h00 on Wednesday, 13 October 2010. Shareholders are further advised that the implementation of the scheme remains conditional on:

*the court sanctioning the scheme;

*the registration of the court order sanctioning the scheme by the Registrar of companies;

*the approval of the Namibian and South African Competition Authorities;

*no dividend, distribution of any nature, or similar payment, other than dividends in the normal course and on the same basis as dividends have been calculated and paid historically, being declared by CIC between the date of the announcement on 13 July 2010 and the operative date of the scheme; and

*prior to the scheme consideration settlement date, CIC not, except in pursuance of a contract entered into earlier, undertaking any of the actions referred to in Rule 19 of the SRP Code, without the prior written consent of the SRP and of Imperial which consent shall not unreasonably be withheld or delayed.

Further announcements regarding the fulfilment or otherwise of the above conditions will be released on SENS and published in the press in due course.
30 Sep 2010 12:18:35
(Official Notice)
Shareholders are advised that the group's 2010 Annual Financial Statements have been posted on Thursday, 30 September 2010. There were no changes to the audited preliminary results released on SENS on 25 August 2010.



Shareholders are further advised that the Annual General Meeting of the company will be held on Wednesday, 3 November 2010 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the AGM is contained in the Annual Report posted to shareholders on Thursday, 30 September 2010.

30 Sep 2010 09:07:32
(Official Notice)
Shareholders were referred to the Imperial circular dated 6 June 2005, the Lereko pre-listing statement dated 12 May 2005, the Eqstra unbundling circular dated 20 March 2008 and various SENS announcements including the Imperial results announcement dated 25 August 2010, wherein the issue of convertible preferred ordinary shares to Lereko in terms of the Black Economic Empowerment ("BEE") transaction, was detailed ("Lereko BEE transaction").



Shareholders are now advised that, in terms of the Lereko BEE transaction, the preferred ordinary shares held by Lereko have been automatically converted into 14 516 617 Imperial ordinary shares and listed on the JSE Ltd on 30 September 2010. The shares were issued at a par value of R0.04 each. Prior to the conversion, Lereko forward sold 8 630 195 Imperial ordinary shares in order to settle the Lereko Debentures and Preference shares. Following the conversion and settlement of the forward sale obligations, Lereko now holds 5 886 422 Imperial ordinary shares.
22 Sep 2010 16:19:51
(Official Notice)
Imperial Group today (22nd September) raised R2 billion in its largest single corporate bond issuance in the South African debt capital markets. The issue proceeds will be used to further improve liquidity for the group and to provide for the refinancing of IPL3, a R1 billion bond which matures at the end of November. The issuance was split between a five-year floating rate bond and a seven- year fixed rate bond. The five-year R500 million bond (IPL5) maturing on 28 September 2015 pays interest at 3 month JIBAR plus 1.98%. The seven-year R1.5 billion bond (IPL6) maturing on 28 September 2017 yields an interest rate of 2.1% above the R203 or 9.78% nacs. ABSA Capital and Rand Merchant Bank co-arranged this issuance.
30 Aug 2010 10:15:35
(Official Notice)
Shareholders are referred to the director's dealing announcement released on Monday, 30 August 2010 and advised that the trade was done on-market.

25 Aug 2010 09:02:42
(C)
19 Aug 2010 14:12:54
(Official Notice)
Imperial provided the following further guidance regarding the range of the expected increase in headline earnings per share ("HEPS") and earnings per share ("EPS") for the financial year ending on 30 June 2010, following the trading statement published on 10 May 2010:

*HEPS -- 715 cents for June 2009 -- 38% to 40% increase is expected

*EPS -- 776 cents for June 2009 -- 34% to 36% increase is expected

The expected earnings represent the total HEPS and EPS for 2010 including discontinued operations, which are negligible and represent approximately 2% of total HEPS and approximately 3% of EPS. Operating profit is expected to increase by approximately 34% from R2 453 million in the previous financial year. All trading divisions contributed to the growth in the second half of the financial year with a particularly strong performance in vehicle distribution and retailing. Levels of trading across the group during May and June exceeded our expectations.



The effect of non-recurring items which were referred to in the trading statement of 10 May 2010 remain unchanged, except for the impact of the revaluation of the financial instrument relating to the Lereko BEE transaction, which contributed R78 million for the full year. The treatment of the sale of Imperial Bank and the CGT arising thereon remain unchanged. Imperial's final results are expected to be released on SENS on or about 25 August 2010.
13 Jul 2010 14:40:20
(Official Notice)
10 May 2010 10:44:08
(Official Notice)
30 Apr 2010 08:38:40
(Media Comment)
According to Business Report, Imperial unit Gillhuber Logistik, has been awarded a contract to manage the external warehousing and interplant transport for BMW in Germany. The CE of Imperial Logistics, Marius Swanepoel, said the contract will result in the company overseeing 1 000 deliveries daily.
12 Mar 2010 08:38:54
(Media Comment)
Business Day reported that Imperial Holdings paid R150 million for a strategic stake in fleet-management and vehicle-tracking company Mix Telematics. Tak Hiemstra, Imperial's executive director, said yesterday that the company had bought half of the 25.4% stake on the open market over two months and this gave direct minority stake in the company. The value of Imperial's stake is about R185 million as Mix Telematics has a market capitalisation of about R735 million. According to Hiemstra Imperial owned the other half of the 25.4% interest through a new company it had created with Kagiso Trust Investments, Mix Telematics's black economic empowerment partner that owns 12.5% of the vehicle tracking group. Imperial owns 51% in this new venture and Kagiso owns the balance. Hiemstra also commented that Mix already had a business relationship with Imperial through its almost 250 new and used vehicle dealerships. These dealerships formed an important distribution channel for Mix Telematics's Matrix, the vehicle tracker. Imperial stated, "This strategic shareholding will further strengthen the relationship between Mix and Imperial".
08 Mar 2010 10:28:42
(Media Comment)
Business Day indicated that Moeketsi Mosola, CE, of the tourism division of industrial giant Imperial, has big plans to grow the tourism portfolio, including launching a metered taxi business and expanding its touring and coach business, Springbok Atlas. Using the skills and infrastructure built up in the car rental division, Imperial hopes to bring a new scale and professionalism to the metered taxi industry, which has until now been dominated by smaller groups.



Mosola added that Imperial see a huge, underserved market that lies somewhere between those who use minibus taxis at the lower end and Imperial Chauffer Drive at the top end.Mosola believes the tourism sector has begun to recover in the past few months, and next year will see the return of strong growth. Mosola now hopes that the group's plans will place it in a position to benefit from that growth.
05 Mar 2010 09:11:10
(Media Comment)
Business Day reported that Imperial Holdings, the transport and logistics group, and Wesbank, the vehicle financier, will commit R100 million in seed capital to a 50-50 joint venture that seeks to boost both companies' presence in the fleet market. In terms of the deal, the new venture, to be called Imperial Fleet Management and to become a Wesbank division, will offer vehicle leasing solutions to corporate fleet clients. Imperial will provide vehicles and full maintenance through its 250-dealer network, while Wesbank will bring funding as it has access to "competitive funding". Imperial CEO Hubert Brody said yesterday the venture was expected to become profitable after a couple of years and generate more than R1 billion in annual revenue.
24 Feb 2010 10:33:41
(C)
08 Feb 2010 17:34:19
(Official Notice)
Nedbank will acquire Imperial Holdings indirect shareholding of 49.9% of the ordinary shares in Imperial Bank for a purchase consideration which will be settled in instalments over a six month period commencing on the fulfilment of the conditions precedent, the present value thereof being approximately R 1 775 million as at 30 June 2009, being the reference date for the determination of the purchase consideration and from which Nedbank has acquired the economic benefits of the acquisition.



With the receipt of the approval of the transaction by the office of the Minister of Finance in terms of Section 37(2)(a)(iv) of the Banks Act, 1990, all the conditions precedent to the acquisition have been fulfilled and the acquisition will now be implemented by the parties.



Nedbank group intends to submit an application to the South African Reserve Bank in terms of section 54 of the Banks Act whereby it will amalgamate all the assets of Imperial Bank with those of Nedbank. Nedbank has made significant progress in planning the amalgamation in anticipation of receiving approval for the amalgamation. Nedbank intends to retain the well established brand and operations of, "Motor Finance Corporation", with its focus on fast and efficient service to the motor dealer industry, while integrating other business with existing businesses within Nedbank. Hubert Brody, the current Chairman of Imperial Bank as well as a majority of the current board members of Imperial Bank have agreed to remain on the board of Imperial Bank in their current capacities.



The parties have agreed that the acquisition agreement will be varied such that Nedbank group will undertake to settle the entire purchase consideration due to Imperial Holdings in four cash instalments out of the existing cash resources of Nedbank Ltd over a period of six months, commencing from 8 February 2010.



Imperial Bank's unaudited profit after tax for the full financial year to 31 December 2009 is expected to increase to between R420 million and R440 million when compared to the comparative period audited net profit after tax to 31 December 2008 of R361,2 million (an increase of between 16% and 22% respectively).
04 Feb 2010 12:08:48
(Official Notice)
In respect of the half year ended 31 December 2009 and update on the sale of Imperial's shareholding in Imperial Bank Headline Earnings per Share ("HEPS") and Earnings per Share ("EPS")are expected to be as follows:

*HEPS Total range between 476c -521c (previous 432c)

*EPS Total range between 518c -563c (previous 602c)



All the conditions precedent relating to the sale of 49.9% of Imperial Bank have not yet been fulfilled in that approval in terms of Section 37 of the Banks Act has not been obtained yet as had been anticipated. Consequently Imperial Bank's earnings continue to be equity accounted and are reflected in the above numbers. This trading statement is based on available information at the time of publication. The forecast financial information in this trading statement has not been reviewed or reported on by Imperial's auditors. Imperial's interim results are expected to be released on SENS on or about 24 February 2010.
01 Dec 2009 10:23:08
(Official Notice)
04 Nov 2009 11:55:01
(Official Notice)
Shareholders of Imperial are advised that the ordinary and special resolutions proposed at the annual general meeting held on Tuesday, 3 November 2009 were approved by the requisite majorities. Copies of special resolutions will be lodged with the Registrar of Companies for registration as required by the Companies Act, 1973, as amended.
16 Oct 2009 11:40:44
(Official Notice)
Imperial announced the appointment of Mrs Thembisa Dingaan as non-executive director and Mr Marius Swanepoel as executive director to the board of Imperial.The appointments are effective from 1 November 2009



Thembisa was recently appointed as chairman of Ukhamba Holdings, an empowerment shareholder in Imperial. She is currently a director of Skweyiya Investment Holdings - Identity Corporate Advisors, the Development Bank of Southern Africa, the Export Credit Insurance Corporation of South Africa and of Mustek Ltd. She is also a member of the Minister ofTrade and Industry's Standing Advisory Committee on company law.



Marius is the chief executive of Imperial Logistics in Southern Africa. He joined the group in 1994 as financial director of Highway Carriers and was appointed as chief executive of Imperial Logistics Southern Africa in October 2005. He was appointed to the executive committee in May 2007.



13 Oct 2009 08:48:18
(Media Comment)
Business Day noted that Imperial announced its second strategic acquisition in two weeks. This underlined the group's strategy of snapping up companies when the opportunity arose. Subsidiary Imperial Logistics recently acquired a 60% stake in Express Hauliers and 70% in Logistical Transport Services.
09 Oct 2009 10:52:43
(Media Comment)
Business day reported Imperial CEO Hubert Brody adopting a more conservative and cautious approach to the acquisition process of the transport and logistics group. Quoted as remaining optimistic of an economic turnaround, Brody suggested the group's growth strategy be focused on expanding in existing industries rather than new ventures. A turnaround in manufacturing and commodities would be the decisive factor in Imperial resuming a more aggressive approach to acquisitions.
30 Sep 2009 09:32:04
(Official Notice)
The group's 2009 annual financial statements have been posted on 30 September 2009. There have been no material changes to the preliminary results released on SENS on 26 August 2009. Shareholders are further advised that the annual general meeting of the company will be held on Tuesday, 3 November 2009 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview.
29 Sep 2009 17:47:18
(Official Notice)
16 Sep 2009 16:46:52
(Official Notice)
02 Sep 2009 09:37:56
(Permanent)
The results for 2007, 2008, and 2009 are for continuing operations only.
26 Aug 2009 08:14:41
(C)
Revenue declined by 7% to R52.2 billion (R55.9 billion) and operating profit decreased by 16% to R2.5 billion (R2.9 billion). Despite this, a net attributable profit of R1.5 billion was recorded, a turnaround from 2008's loss of R870 million. In addition, headline earnings per share fell marginally to 715cps (718cps).



Dividend

A final ordinary dividend of 120cps has been declared, which brings the total ordinary dividend for the year to 200 cents per share. In addition, a preference dividend of 494.795 cents per preference share has been declared.



Outlook

The Southern African logistics industry should remain under pressure for most of the 2010 financial year, although business activity is adequate for the division to deliver satisfactory returns. Conditions in Europe remain tough. However, the rise in commodity prices indicates growing demand by global manufacturers which would increase activity in Imperial Logistics International. The company expects that some important customers in the steel industry will re-commission furnaces, which were prematurely closed for scheduled maintenance, later in the financial year. When this happens, it will contribute to higher volumes in the in-and outbound logistics operations which Imperial conducts for them.



The Car Rental and Tourism division is currently operating on a low base from a weak international inbound tourism market and a slowdown in business travel. Whilst Imperial expects a slow but sure recovery in these markets, the FIFA World Cup will provide a further stimulus to the division in the first part of 2010. However, the company will not build significant capacity for this event alone, although higher utilisation and better margins are expected.



While Imperial's motor vehicle retailing divisions have started to benefit from cost savings, the group expects vehicle sales to remain weak in the year ahead. Underwriting results will be maintained in the insurance operations and investment results are expected to improve. The lower equity content in the portfolios will provide more stability to the performance of this division. While early signs of improvement in global economies are beginning to emerge, business conditions in all markets are still tough. Imperial's strong balance sheet and rebalanced portfolio of businesses position the business well in the current market.
25 Aug 2009 11:21:25
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 29 May 2009 and 13 July 2009, and the voluntary announcement dated 14 August 2009, informing shareholders that Imperial had entered into discussions with Nedbank Group Ltd regarding Imperial Bank Ltd. Shareholders are advised that these discussions are still in progress and accordingly shareholders are advised to continue to exercise caution when dealing in Imperial's securities until a further announcement is made.
24 Aug 2009 13:21:32
(Media Comment)
Imperial Holdings, the listed transport and mobility group, intends to acquire a majority shareholding in Midas through the purchase of a further 50% stake in the distribution of automotive parts. The value of the transaction, which will increase Imperial's shareholding in Midas to 56% if it is approved by the Competition Tribunal, has not been disclosed. Gordon Odgers Chief Executive of Midas said the rationale for the transaction was that Midas believed it could get some benefits from being part of a big group such as Imperial. The effective target date for the implementation of the transaction was October and in terms of the sale contract Midas' current management would continue to run the company, he said.
13 Aug 2009 13:52:53
(Official Notice)
HEPS from continuing operations for the year to 30 June 2009 is expected to be between 10% and 15% higher than the previous year.



Included in HEPS for 2009 is a foreign exchange gain of 212 cps which was earned from the repatriation of capital from our European operations. Our offshore businesses serve as a natural hedge against currency weakness and capital is repatriated from time to time when the exchange rate is favourable. The group performed satisfactorily against the background of tough trading conditions, with a particularly strong recovery in insurance underwriting income. The group also benefited from the restructuring initiatives undertaken recently.



The decline in vehicle sales and its effect on the profitability of our vehicle retailing operations had a significant negative impact on the group's earnings, although the distributorships division had a much improved second half after the introduction of cost cutting measures. We are satisfied with the performance of the Southern African Logistics business, however, the contribution from our European logistics business was lower due to the sharp decline in business activity in that region during the second half of the financial year. The Car Rental and Tourism division experienced difficult trading conditions. The contributions from associate companies, Imperial Bank and Ukhamba Holdings were substantially lower.
20 Jul 2009 09:17:14
(Media Comment)
Imperial Holdings CEO Hubert Brody says the distressed market presents acquisition opportunities for the group, but notes that it is hard to value businesses because earnings visibility is low. He said on Friday, 17th July 2009 the transport and logistics group would consider growth opportunities overseas where these could be paced under the ambit of it's European subsidiary in Duisberg, Germany. Imperial was unlikely to enter new international markets as it tried to put the group on a growth path following a drastic restructuring.
13 Jul 2009 15:04:44
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 29 May 2009 informing shareholders that Imperial had entered into discussions with Nedbank Group Ltd regarding Imperial Bank Limited. Shareholders are advised that these discussions are still in progress and accordingly shareholders are advised to continue to exercise caution when dealing in Imperial's securities until a further announcement is made.
29 Jun 2009 09:10:50
(Official Notice)
Imperial wishes to announce that Mr Moeketsi Mosola and Ms Berenice Francis have been appointed to its executive committee.



Mr Mosola was previously the CEO of SA Tourism and will be the CEO of the group's tourism division comprising of Springbok Atlas (Touring and Charter), Grosvenor Tours, Eastgate Safaris and Imperial Chauffeur Drive. The division will continue to be closely aligned with the group's Car Rental division. He was previously also chief director in the Department of Environmental Affairs and Tourism and a director at the Department of Provincial and Local government. The appointment is effective from August 1st 2009.



Ms Francis joined Imperial Holdings in July 2008 as the Group Risk Manager and was previously the chief risk officer of the State IT Agency. Her portfolio on the executive committee will be risk, transformation and people development. The appointment is effective immediately.
23 Jun 2009 08:50:51
(Media Comment)
According to Business Report, Imperial's transport unit, Imperial Logistics, has bought 60% of Tip Trans Holdings. The division's chief executive, Marius Swanepoel commented that the acquisition will allow the group to increase its footprint in industries where Tip Trans has a presence.
05 Jun 2009 08:55:10
(Media Comment)
According to Business Report, Imperial has acquired a 50% stake in McCarthy Automobile Distributors to create a joint venture import and distributorship company for Chinese cars in South Africa. The Chery and Foton brands will be marketed by the venture. Chery is the top vehicle brand in China. The chief executive of Imperial subsidiary Associated Motor Holdings, Manny de Canha, said the firms have joined forces in order to have one distributor of their Chinese brands.
03 Jun 2009 08:34:59
(Media Comment)
Imperial's CEO, Hubert Brody, was quoted in Business Day as saying that acquisition opportunities were "opening up now". This could mean that Imperial intended to grow the car rental and tourism unit into a bigger portion of its overall portfolio. This follows on the announcement that the group's Europcar SA subsidiary plans to invest R100 million in amongst other things, staff development and technology.
29 May 2009 11:23:52
(Official Notice)
Shareholders are advised that Imperial has entered into discussions with Nedbank Group Ltd regarding the acquisition by NGL of Imperial's interest in Imperial Bank Ltd which, if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE Ltd. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
26 May 2009 16:35:00
(Official Notice)
Imperial wishes to announce that Mr Max Sisulu has resigned as director following his election as Speaker of the National Assembly.
15 May 2009 08:27:15
(Official Notice)
Changes to the Imperial Holdings Executive Committee and Senior Management In compliance with the listings requirements of JSE Ltd the following information is provided:

Imperial announced that Mr David Drury Gnodde (51) has been appointed as Chief Executive Officer of the group's insurance division, comprising of Regent Insurance company Ltd and Regent Life Assurance company Ltd. Mr Gnodde has also been appointed to the Executive Committee of Imperial Holdings. Before taking up the appointment with the group, he was an executive director and chief operating officer of PPS.The appointment is effective from May 25th 2009.
27 Feb 2009 09:21:54
(Media Comment)
Business Day reported that Imperial jumped 4.5% to R48.89 on Thursday, 27 February 2009, before ending the day at R46.95. Imperial was rated "equal-weight" in new coverage at Morgan Stanley.
25 Feb 2009 12:16:32
(C)
Group operating profit of R1 155 million from continuing operations was 29.7% lower than the comparative period, and headline earnings per share from continuing operations were 4.0% lower at 432c. Cash generated by continuing operations improved by 241% to R2 030 million for the six months. An ordinary dividend of 80cps has been declared at the interim stage.
30 Jan 2009 10:57:47
(Official Notice)
The published results for December 2007 reflected the Aviation division excluding NAC, the commercial vehicle holdings business and Tourism Investment Corporation Ltd as discontinued operations. Since that publication the leasing and capital equipment division and the Multipart UK business were respectively unbundled and disposed of and were also reclassified as discontinued. The comparative period numbers disclosed below have been restated accordingly. HEPS on continuing operations, is expected to be between 405 cents and 445 cents compared to the comparative period's restated HEPS of 450 cents. EPS on continuing operations, is expected to be between 280 cents and 320 cents compared to the previous corresponding period`s restated EPS of 468 cents. Imperial's interim results are expected to be released on SENS on or about 25 February 2009.
19 Dec 2008 14:12:10
(Official Notice)
Shareholders are referred to the announcement published on 7 July 2008 in which information was given regarding the sale of the bulk of Imperial's aviation interests. Following that announcement, shareholders are advised that all the conditions precedent to the conclusion of that sale have been met on 18 December 2008 ("the completion date"). The terms of the transaction are substantially the same as announced on SENS on 7 July 2008 with the following exceptions:

*It was previously announced that the rand denominated amount receivable would be R508.8 million, to be received in various tranches over a five year period subsequent to the completion date. Due to price adjustments occasioned by currency fluctuations, that amount has now been determined as R541.6 million.

*Imperial has agreed to provide loan funding to the purchaser in the amount of USD15 million on market related terms under certain conditions.



The group received approximately R340 million on the completion date and, subject to the above exceptions, cash flows will occur as set out in the announcement of 7 July 2008.
20 Nov 2008 10:16:26
(Official Notice)
04 Nov 2008 15:16:14
(Official Notice)
Shareholders of Imperial are advised that the ordinary and special resolutions proposed at the annual general meeting held on Tuesday, 4 November 2008 were approved by the requisite majorities. Copies of special resolutions will be lodged with the Registrar of Companies for registration as required by the Companies Act, 1973, as amended.
09 Oct 2008 11:41:07
(Official Notice)
Imperial wishes to announce that Mr Nazeer Hoosen has resigned as executive director and member of the executive committee of Imperial, effective 30 November 2008. Mr Hoosen has also resigned as joint managing director of Regent, the group's insurance division.



Mr Jurie Strydom, who has served on the board of Regent Life since 1 June 2007, will be appointed the new joint managing director of Regent. He is a qualified actuary and previously headed the Specialised Life and Actuarial units of Regent.
30 Sep 2008 10:56:28
(Official Notice)
Shareholders are advised that the group's 2008 annual financial statements have been posted on 30 September 2008. There have been no material changes to the preliminary results published in the press on 27 August 2008 save for certain misallocations within the segment reports. The above misallocations have no impact on attributable profits, earnings per share or total debt.



Shareholders are further advised that the annual general meeting of the company will be held on Tuesday 4 November 2008 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview. The notice of the annual general meeting is contained in the annual financial statements posted to shareholders on 30 September 2008.
28 Aug 2008 08:50:20
(Official Notice)
The company wishes to advise that in the results as published on 27 August 2008, there had been a misallocation in the amount of R199 million in the segment information - income statement in respect of the 2007 financial year between distributorships and head office - eliminations. The correction has no impact on the total operating profit and attributable income as disclosed in the income statement for the year ended 25 June 2007.
27 Aug 2008 08:36:12
(C)
Revenue from continuing operations rose 3% to R55.9 billion (R54.5 billion), however operating profit declined by 20% to R2.9 billion (R3.8 billion). In addition, a loss attributable to ordinary shareholders of R870 million (profit of R2.8 billion) was recorded and headline earnings fell to 718cps (1 377cps).



Dividend

A final ordinary dividend of 245cps has been declared, as well as a preference dividend of 554.384cps.



Prospects

Imperial expects low consumer spending to continue for most of our 2009 financial year, causing the motor retail and ancillary businesses to remain under severe pressure, as they were for the past financial year. These conditions affect dealerships, distributorships, insurance, banking and, partially, the car rental business. The car rental division will, however, benefit from the Europcar merger and brand refocusing. Whilst it is not immune to the current economic slowdown, logistics in Southern Africa is better able to maintain margins and volumes through its broad base of customers and will benefit from improved operational efficiencies. The European logistics business will find it more difficult to grow from a current high base, particularly as the global economy is slowing, but the benefits of recent prudent organic and acquisitive expansion should be evident.



The benefits of the past year's restructuring should begin to emerge as group debt is being reduced and the underperforming commercial vehicle and aviation businesses have been closed, sold or in the process of being sold. Overall, Imperial expects performance in the year ahead to remain weak as long as consumer-driven economic growth in South Africa is under strain.
30 Jul 2008 07:55:45
(Media Comment)
Business Day noted that Imperial's German unit has won contracts to build and manage two container terminals as the company tried to take advantage of the booming global container business. Tak Hiemstra, an executive director, said it was not currently possible to determine the project cost.
08 Jul 2008 16:41:10
(Official Notice)
Shareholders are advised that for the financial year ended 30 June 2008, Headline Earnings per Share on continuing businesses, is expected to be between 639c and 576c which is between 49% and 54% lower than the previous corresponding period's HEPS of 1252c on continuing businesses. The expected HEPS on continuing businesses includes an unusual foreign exchange gain, an impairment of the loan to the share purchase trust, and an impairment of the group's investment in Lereko Mobility, all of which are of a non-trading nature and resulted in a net reduction of continuing HEPS of approximately 175c.
30 Jun 2008 11:20:37
(Official Notice)
Imperial announced the appointment of Mr Schalk Engelbrecht as non-executive director to the board.
12 Jun 2008 17:17:05
(Official Notice)
Imperial shareholders are advised that Imperial Multipart (Holdings) Ltd ("Multipart"), a UK based wholly owned subsidiary of Imperial, has been sold to the Yelestre Holdings Ltd, a company controlled by Multipart Management. The total sale consideration to be received by Imperial in respect of the transaction is approximately GBP19.9 million paid in cash. In addition, Imperial has received repayment in full of its loan account with Multipart, amounting to GBP2.8 million. The proceeds of the sale will be utilised to reduce short term debt. The sale will result in a net loss on disposal of approximately GBP16 million.
16 May 2008 15:07:27
(Official Notice)
14 May 2008 13:41:37
(Official Notice)
The purpose of this announcement is to advise Imperial ordinary shareholders of the closing prices of the Eqstra distribution shares and the Imperial ordinary shares on Tuesday, 13 May 2008, the day after the distribution of the Eqstra distribution shares, and the ratio in which the expenditure incurred and/or the valuation date value of the Imperial ordinary shares must be allocated to the Eqstra distribution shares and the Imperial ordinary shares ("the apportionment ratio") for taxation purposes. Shareholders are advised in all circumstances to seek their own advice regarding taxation. The apportionment ratio 77.8% relating to an Imperial ordinary share and 22.2% relating to an Eqstra distribution share based on the closing share prices of Imperial and Eqstra as at 17:00 on 13 May 2008 of R57.87 and R16.50, respectively.
12 May 2008 10:54:40
(Official Notice)
Imperial is considering a merger of the Regent Life and Regent Insurance businesses, which comprise the majority of Imperial's insurance division. This closely follows the recent sale of 65% of Imperial Re to Flagstone Re of Bermuda, and is a further step taken in the streamlining of the Imperial group. Such a merger would enhance the growth prospects and operational synergies of these businesses through shared marketing, cost savings and more effective risk management and compliance. The merger would bring further economies of scale with a single brand and improved growth potential.



In line with regulatory requirements in the Insurance industry, the individual legal entities of Regent Life Insurance Company Ltd and Regent Insurance Company Ltd (both subsidiaries of Imperial Holdings Ltd), would continue to operate and report separately. A rigorous consultation process will follow this announcement to assess the viability, impact, benefits and risks of the potential merger. Employees, clients, and service providers of both companies will be consulted where appropriate.
18 Apr 2008 16:41:48
(Official Notice)
Shareholders of Imperial are advised that the ordinary and special resolutions proposed at the general meetings held on Friday, 18 April 2008 to consider the unbundling of Eqstra Holdings Ltd ("Eqstra") and to approve new share incentive schemes were approved by the requisite majorities. Copies of the special resolutions will be lodged with the Registrar of Companies for registration. As announced in the circular to shareholders dated 20 March 2008, the following directors of Imperial will resign from the board with effect from 12 May 2008 and continue as directors of Eqstra: Walter Stanley Hill; Veli Joseph Mokoena; and Popo Simon Molefe.
02 Apr 2008 17:48:46
(Official Notice)
The following important appointments were made with immediate effect:

*Non-executive chairman (independent) - Mr Thulani Gcabashe

*Non-executive deputy chairman (non-independent) - Mr Oshy Tugendhaft
19 Mar 2008 17:45:21
(Official Notice)
27 Feb 2008 10:34:51
(Official Notice)
Imperial have released a detailed cautionary announcement regarding the proposed listing on the JSE of Imperial?s Leasing and Capital Equipment division and the unbundling of 100% of Imperial?s interest in the Leasing and Capital Equipment division and the proposed buy-out of MCC minority shareholding.
27 Feb 2008 10:26:48
(C)
The disappointing growth in operating performance, with revenue up 4%, operating profit up 2.3% and headline earnings per share down 25% was caused principally by difficult trading conditions in the group?s consumer-led motor retailing and related operations and weak investment returns on insurance portfolios. However, the operating margin from continuing operations remained virtually unchanged at 7.3%.



Dividend

In view of the loss for this period, the board has decided not to pay an interim ordinary dividend but it intends to resume the normal dividend policy at year-end. Notice is hereby given that a preference dividend of 512.05 cents per preference share has been declared payable to holders of non-redeemable, non-participating preference shares.



Prospects

Trading conditions in the motor sector will remain difficult for the remainder of the financial year and beyond, until the upward cycle in interest rates is reversed. Whilst the Logistics and Leasing and Capital Equipment divisions have continued to perform well, the group expect growth in these divisions to slow down. The Car Rental division will be affected by investment in the rebranding process. With the discontinuation of the aviation and commercial vehicle distributorship businesses and the unbundling of the Leasing and Capital Equipment division, the group?s balance sheet will regain much capacity to facilitate the pursuit of opportunities for further growth. The board believes that the three pillars on which the group, after its present restructuring, will be built, namely logistics, car rental and motor vehicle dealerships and distribution with their related financial services, is a base that is exposed to strongly growing sectors of the South African and global economies.
03 Jul 2006 10:06:48
(Media Comment)
The leasing and fleet management subsidiary of Imperial is to take the Scorpions to court over vehicles leased by the National Prosecuting Authority division. Business Report noted the claim would amount to tens of millions of rands.
21 Jun 2006 15:59:57
(Official Notice)
Roderick John Alwyn Sparks has been appointed as a non-executive director to the board of Imperial. Mr Sparks was the managing director of Old Mutual South Africa and serves on the board of governors of the Graduate School of Business. The change will be effective from 3 July 2006.
20 Jun 2006 15:22:02
(Official Notice)
In the trading update published in February 2006 and the group's interim results announcement published on 2 March 2006, shareholders were alerted to the effects of the implementation of IFRS and the Lereko embedded derivative on expected earnings. Shareholders are further advised that, pursuant to more updated information, the effect of recent downward equity market movements on the Insurance companies' investment portfolios and a higher group tax rate, Imperials earnings for the financial year ending 25 June 2006, compared to those reported for the financial year ended 25 June 2005, and re-stated for IFRS, basic headline earnings per share are expected to be between 25% and 30% higher. Imperials results for the financial year ending 25 June 2006 are expected to be published on or about 30 August 2006.
12 Jun 2006 09:54:58
(Media Comment)
Business Day noted that Bill Lynch, chief executive officer of Imperial, won the 2006 Ernst - Young World Entrepreneur Award, becoming the first South African to take the title.
05 Jun 2006 14:30:49
(Official Notice)
Mr Eric Molobi, a non-executive director and the deputy chairman of Imperial passed away on 4 June 2006.
12 May 2006 12:47:28
(Official Notice)
After 27 years with the Imperial group, Carol Scott has decided to relinquish her executive position. She will remain a director of Imperial Holdings in a non-executive capacity, as well as non-executive chairman of the Car Rental and Tourism division, and of Tourvest Ltd.



Osman Arbee, a member of Imperial's executive committee, will succeed Carol as the CEO of the Car Rental and Tourism division. Osman Arbee will remain a board member of Ukhamba Holdings, its associate company, Dawn Ltd and Imperial Bank.



Tak Hiemstra, Imperial executive director for strategic planning, will join the board of Tourvest as Deputy Chairman, and the board of Ukhamba as non-executive director, with particular involvement in its acquisitions and investment activities. Osman Arbee will at the same time resign from the Tourvest board.



All changes will be effective from 30 June 2006.
20 Mar 2006 17:13:35
(Official Notice)
Further to the announcement published on SENS on 10 March 2006, Imperial has mandated ABN AMRO and Barclays Capital as Joint Bookrunners for the group's inaugural Eurobond offering through Imperial Mobility Finance BV, its financing subsidiary in the Netherlands. The Notes will be guaranteed by Imperial Holdings Ltd which is rated Baa1 (stable) by Moody's. Investor meetings in Europe will commence on 27 March 2006, with the launch of the bond expected shortly thereafter, subject to market conditions.



10 Mar 2006 10:46:16
(Official Notice)
Imperial, through its financing subsidiary in the Netherlands, Imperial Mobility Finance BV, is planning to access the international bond markets by issuing an inaugural Eurobond within the next few months. The proceeds will be used for general corporate purposes including recently announced acquisitions and the reduction of short term borrowings. The amount is anticipated to be up to EUR300 million, with a tenor of between 7 to 10 years and timing determined by market conditions.
02 Mar 2006 09:24:45
(C)
Revenue increased by 27% to R26.2 billion against a background of little or no inflation in the high turnover vehicle businesses. While cost of sales and operating expenses increased by a similar rate, depreciation increased by 30%, reflecting the higher vehicle fleets, as well as lower recoupments. The operating margin reduced slightly from 8.5% to 8.1%. Operating profit increased by 22% to R2 132 million. Despite the average net interest bearing debt rising by 41% to R8 202 million, the net interest charge increased by 14%, benefiting from lower borrowing costs. Approximately R900 million of debt was incurred towards the end of the reporting period on the acquisition of the MCC group and its accompanying debt, as well as the purchase of 3.5 million Imperial shares in terms of the Executive Share Purchase Scheme, approved by shareholders in November. The effective tax rate was 34%, compared to 31%, increased by the non-deductibility of R127 million in interest and the fair value adjustments of the embedded derivative in respect of the Lereko BEE transaction concluded in June last year. Net attributable earnings for the year rose 23% to R1 157 million with headline earnings at 616.9cps (460cps). Cash flow from operating activities increased by 40% from R1 054 million to R1 474 million. Cash utilised for investing activities went up from R1 625 million to R2 690 million. A total of R2 110 million (2004: R1 562 million) was spent on capital expenditure of which R1 328 million was for expansion. The group generated free cash flow of R693 million compared to R586 million in the previous period, an improvement of 18%.



Dividend

An interim capital distribution of 230cps was declared.



Prospects

Imperial does not expect to show the same growth in headline earnings per share for the full year as were posted for the half year as the convergence of high vehicle sales growth, seasonal business in some parts of the group, and strong equity markets are not expected to be repeated. However, market conditions and operations have exceeded expectations and the group should deliver a rewarding set of results to shareholders. Economic conditions in South Africa are favourable and are expected to remain good, as confidence in the economic and social transformation has settled in. The economic environments in which the international businesses operate are also conducive to the achievement of satisfactory results.
20 Feb 2006 17:11:46
(Official Notice)
Further to the trading statement published on 1 December 2005 in which a range for an expected increase in earnings and headline earnings per share was given of between 20% and 40%, shareholders are advised that, pursuant to more updated information, Imperial's earnings for the six months ended 25 December 2005 are expected to be higher than those reported, and re-stated for IFRS, for the six months ended 25 December 2004 as follows:

* Basic Earnings per share between 30% and 35% higher

* Basic Headline Earnings per share between 30% and 35% higher

* Attributable profit between 20% and 25% higher



Imperial's interim results for the six months ended 25 December 2005 are expected to be published on or about 2 March 2006.
15 Feb 2006 14:39:26
(Official Notice)
Imperial has acquired, subject to the conditions, a group of companies in the United Kingdom from RAC plc for a total consideration of approximately GBP50 million on a debt free basis. The following businesses were acquired:

*Lex Commercials Ltd, an authorised dealer in DAF trucks and LDV vans, operating 22 dealerships and workshops in cities in England, Scotland and Wales;

*Lex Auto Logistics, based near Manchester, has auto parts warehousing and distribution contracts with selected vehicle and parts manufacturers, dealers and distributors;

*Lex Fleetserve, a niche logistics service provider of supply chain services to airport service providers, coach operators and commercial vehicle operators; and

*Lex Multipart Defence, a provider of outsourcing and warehousing services primarily as sub-contractor to the British Ministry of Defence, through inventory control, storage, handling, procurement, tracking and tracing.

The group had a combined turnover of approximately GBP300 million in its year to December 2005 and employs 1343 people. The bulk of the acquired group's operations are closely aligned to Imperial's businesses in South Africa and Germany.

01 Dec 2005 10:23:17
(Official Notice)
TraShareholders are advised that Imperial's earnings for the six months ended 25 December 2005 are expected to be higher than those reported for the six months ended 25 December 2004 as follows:

*Earnings per share between 20% and 40% higher

*Headline earnings per share between 20% and 40% higher

Whilst the group is currently benefiting from favourable trading conditions in all its divisions, the results may be affected by a number of factors, including the implementation of IFRS as indicated in the SENS announcement published on 23 August 2005, currency movements and trading conditions until the end of the interim reporting period. Imperial's interim results for the six months ended 25 December 2005 are expected to be published on or about 2 March 2006.
01 Dec 2005 10:05:35
(Official Notice)
Imperial has acquired 50.1% of the MCC group of companies, trading as MCC Plant Hire and MCC Contracts for an amount of R150 million from members of the management of MCC. In a related transaction, Nozala Investments (Pty) Ltd acquired 10% of MCC for R36.8 million, funded by Imperial as part of its empowerment programme. A consortium of management, led by MCC's founder and managing director, Mr Mike Barnes, retains the remaining 39.9%.



MCC, which was formed 30 years ago, is South Africa's largest industrial plant hire and contracting company focused on the construction and mining industries with revenue of more than R600 million and approximately 900 production and support units on its fleet, including excavators, graders, dozers, dump trucks, face shovels, loaders and related equipment. Its primary customers are engaged in the mining, construction and road building markets. Nozala is a broad based, black led, women's investment group, founded in 1996, with investments in the services, resources and resource services sectors of the economy. This acquisition opens a new industry for Imperial in which its business philosophy of ownership, leasing, renting and adding value to mobility assets can be applied. MCC will form part of Imperial's Leasing and Fleet Management division.
10 Nov 2005 12:50:07
(Media Comment)
Imperial Capital, a wholly owned subsidiary formed by Imperial, will now house the group's vehicle fleet assets. Imperial's chief executive, Bill Lynch, told Business Report that the new company would command a higher level of gearing than the group's other operations.
09 Nov 2005 09:07:08
(Media Comment)
Business Report, in an article on 9 November 05, noted that Imperial is planning to issue a R800 million bond, within a week, for expansion and to replace ageing assets in its fleet.
04 Nov 2005 16:39:25
(Official Notice)
Shareholders of Imperial are advised that the ordinary and special resolutions proposed at the annual general meeting held on Tuesday, 1 November 2005 were approved by the requisite majorities.
05 Oct 2005 14:44:12
(Official Notice)
Marius Swanepoel, currently the chief executive officer of Imperial Logistics and Warehousing has been appointed as the chief executive officer of the entire Imperial Logistics Southern Africa division. Mr Terry Bantock, the current chief executive officer of Imperial Logistics Southern Africa, has resigned from this position and as member of the Executive Committee of Imperial Holdings. Mr Bantock will however continue to assist Mr Swanepoel and Imperial in a transition phase to the end of December 2005. We further announce that Mr Bonisile Makubalo has been appointed as the managing director of the Tanker Services Fuels division. This division is responsible for all Imperial Logistics Southern Africa"s fuel distribution services. The changes are effective from today, 5 October 2005.
23 Sep 2005 09:53:56
(Official Notice)
Shareholders are advised that the group`s annual financial statements have been posted today (23 September 2005). There have been no material changes to the preliminary results published on 24 August 2005 save for the re-allocation of net financing costs and the geographic analysis of interest bearing debt.



Shareholders are further advised that the annual general meeting of the company will be held on Tuesday 1 November 2005 at 09:00 at the registered office of the company, Imperial Place, Jeppe Quondam, 79 Boeing Road East, Bedfordview.
24 Aug 2005 11:16:22
(C)
Imperial Holdings had an outstanding year during which the group`s 18 year record of uninterrupted growth since listing was extended with headline earnings per share growth of 25% to 1 045.8 cps. The macroeconomic environment was generally supportive, with strong economic growth, relatively low interest rates and muted inflation combining to generate significant momentum in the consumer environment. The strong rand supported consumer demand for products but impinged on results in the tourism and aviation businesses. The group`s revenue improved by 22% to R42.5 billion against last year and operating profits grew by 23% to R3.5 billion. Cash generation was also good with operating cash flow after adjusting for replacement capital expenditure (free cash flow) of R2.3 billion. The return on equity increased to 22.0% from 20.3% in 2004 as a result of strong growth in profits, share buy-backs and an increase in the use of debt funding. Thirty one new dealerships were added to the network and the group acquired nine Ford dealerships in Australia. Four bolt-on acquisitions were added to the South African logistics business and two to the German operations. The board approved a final distribution for the year of R2.20 per share, bringing the total distribution to R3.95 per share, increasing by 25% over 2004.



The outlook for the group remains positive. It is expected that consumer spending will remain relatively buoyant, which should be good, not only for the vehicle interests, but for the wider group, through strength in the economy as a whole. The current environment of low inflation, stable interest rates and a relatively strong currency should be supportive of further growth for the group. The businesses are also well positioned to benefit from expected growth in infrastructure spending and it has the funding capacity to take opportunities as they arise. Accordingly the focus remains on growing organically within current business mix, with a secondary priority on bolt-on acquisitive growth. Imperial also expects a solid performance from businesses outside South Africa. The group anticipates good growth in earnings in the ensuing year, as measured on a like for like basis in terms of accounting policies applied this year.
08 Aug 2005 14:09:54
(Official Notice)
Shareholders are advised that Imperial`s earnings for the financial year ended 25 June 2005 are expected to be higher than those reported for the financial year ended 25 June 2004 as follows:

*Headline Earnings per share between 22% and 27% higher

*Earnings per share between 44% and 49% higher.

The higher increase in Earnings per share relative to Headline Earnings per share resulted mainly from profits on the sale of businesses and shares in an associate company. The financial information in this trading statement has not been reviewed or reported on by Imperial`s auditors. Imperial`s results for the financial year ended 25 June 2005 are expected to be published on or about 24 August 2005.

23 Jun 2005 16:51:48
(Official Notice)
Imperial has announced the following appointments to the board as non- executive directors. The appointments follow the conclusion of the Lereko Black Economic Empowerment transaction through which Lereko Mobility (Pty) Ltd will acquire approximately 7.25% of Imperial`s equity:



Dr Popo Simon Molefe.

Dr Molefe completed a second successful term as Premier of the North West Province and Chairperson of the ANC in the North West Province in 2004. Dr Molefe is a member of the ANC National Executive Committee and the Chairperson of the ANC`s subcommittee on governance and legislatures. Dr Molefe has recently been appointed chairperson of Petro SA and a board member of the Central Energy Fund, Strategic Fuel Fund, Xantium Technology Holdings Ltd, and Armscor.



Mr Mohammed Valli Moosa.

Mr Moosa withdrew from the South African Parliament as Minister of Environmental Affairs and Tourism in May 2004. Mr Moosa has served on a number of the subcommittees of the ANC and is a National Executive Committee member. Mr Moosa has recently been appointed to the board of directors of Sanlam Ltd, SAA and Thebe Investment Corporation. In November 2004 Mr Moosa was elected president of the World Conservation Union for a four year term.



The changes to the board of directors took effect on 22 June 2005.

Both the appointments further enhance Imperial`s black empowerment initiatives. Eight out of nineteen directors are historically disadvantaged individuals,

representing 42% of the total.
14 Jun 2005 14:32:08
(Official Notice)
Shareholders are advised that The High Court, on 14 June 05, granted an Order sanctioning the scheme of arrangement proposed by Imperial between Imperial and its shareholders, other than Ukhamba Holdings (Pty) Ltd and Imperial Corporate Services (Pty) Ltd relating to a black economic empowerment transaction concluded between Imperial and Lereko Mobility (Pty) Ltd, a company formed by a broad-based consortium led by Lereko Investments (Pty) Ltd. The special resolutions passed at the general meeting held on Monday, 6 June 2005 have been registered by the Registrar of Companies and a copy of the Order is expected to be registered by the Registrar of Companies on Wednesday 15 June 2005. In addition, the condition precedent to the implementation of the scheme that no breach of the asset cover required by the preference share funders providing the senior funding occurs prior to the sanctioning of the scheme has been met. The scheme will be implemented according to the timetable contained in the announcement dated 6 June 2005. Shareholders of Imperial are reminded that the last day to trade to participate in the scheme will be Friday, 17 June 2005 and the operative date of the scheme will be Monday, 27 June 2005.
06 Jun 2005 17:30:10
(Official Notice)
Shareholders of Imperial are referred to the revised terms announcement and circular dated 13 May 2005, relating to a black economic empowerment transaction concluded between Imperial and Lereko Mobility (Pty) Ltd, a company formed by a broad-based consortium led by Lereko Investments (Pty) Ltd.



The directors of Imperial announce that:

*the scheme of arrangement proposed by Imperial between Imperial and its shareholders, other than Ukhamba and Imperial Corporate Services (Pty) Ltd was approved by the requisite majority of shareholders, representing 99.9962% of scheme participants entitled to vote at the scheme meeting held on 6 June 2005; and

* all resolutions proposed at the general meeting held on 6 June 2005 were passed by the requisite majority of shareholders entitled to vote. The special resolutions passed at the general meeting have been lodged with the Registrar of Companies.



Salient dates (2005)

*Report of the chairman of the scheme meeting available for inspection from 7 June

*Court hearing to sanction the scheme 14 June



If the scheme is sanctioned:

*Announcement of the Court sanction of the scheme published on SENS 14 June

*Last day to trade for shareholders in order to be eligible to receive the scheme consideration 17 June

*Listing of the debentures under the JSE code `LMID` and ISIN ZAE000067229 20 June

*Imperial ordinary shares trade `ex` the scheme under new ISIN ZAE000067211 20 June

*Record date on which shareholders must be recorded in the Imperial register in order to receive the scheme consideration 24 June

*Operative date of the scheme at the commencement of trading 27 June

*Issue of debentures to scheme participants 27 June



A further announcement regarding the outcome of the application to the Court and the fulfilment of the remaining conditions precedent and any update to the salient dates relating to the implementation of the scheme will be published in the press on or about 15 June 2005.
18-Sep-2018
(X)
Imperial Holdings is a JSE listed South African-based holding company, employing over 48 000 people in 38 mainly African and Eurozone countries, operating exclusively in the logistics and vehicle sectors, as:

> IMPERIAL LOGISTICS: a mainly African and European provider of integrated outsourced value-adding logistics, supply chain and route-to-market solutions, customised to ensure the relevance and competitiveness of its clients, generating 40% and 44% of group* revenue and operating profit respectively, with 62% of foreign operating profit; and



> MOTUS: an integrated motor vehicle group, operating across the value chain (import, distribution, retail, rental, aftermarket parts, and vehicle-related financial services) generating 60% and 56% of group* revenue and operating profit respectively, with 13% of foreign operating profit.ofit.



* Excludes head office and eliminations.


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