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13-Nov-2018
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 14:00 today, Tuesday, 13 November 2018 at the Spier Hotel, Stellenbosch ("AGM"), all of the resolutions were passed by the requisite majorities of the Company?s shareholders, save for ordinary resolution number 4 (agenda item 6.1) and ordinary resolution 6 (agenda item 9), which required favourable votes from 75% or more of all votes cast.

02-Nov-2018
(Official Notice)
Further to the announcement released on SENS on 15 August 2018 notifying debt holders of the availability of KAP?s summarised audited consolidated financial statements for the year ended 30 June 2018, debt holders are now advised that the audited annual financial statements of the following guarantors of KAP:

-KAP Automotive Proprietary Limited;

-KAP Bedding Proprietary Limited;

-KAP Diversified Industrial Proprietary Limited;

-PG Bison Southern Cape Proprietary Limited;

-Unitrans Passenger Proprietary Limited;

-Mvelatrans Proprietary Limited; and

-Unitrans Supply Chain Solutions Proprietary Limited,



are available for inspection at KAP?s registered office at 3rd Floor, Building 2, The Views, Founders Hill Office Park, 18 Centenary Street, Modderfontein, Johannesburg, 1645. The audit reports relating to the annual financial statements of the aforementioned guarantors are unqualified.
15-Oct-2018
(Official Notice)
Bondholders are hereby advised that KAP?s annual integrated report, containing the audited consolidated financial statements for the year ended 30 June 2018, was dispatched to shareholders (?KAP shareholders?) today, 15 October 2018, and contains no modifications to the audited results which were announced on SENS on 14 August 2018. The Company?s annual integrated report is available on the Company?s website at http://www.kap.co.za/investor-relations/results-reports-archive/.



AGM notice

Notice was given to KAP shareholders that the 40th annual general meeting of KAP shareholders will be held at 14h00 on Tuesday, 13 November 2018, at Spier Wine Estate, Spier Hotel, Baden Powell Drive, Stellenbosch, to transact the business as set out in the notice of annual general meeting, which was mailed to KAP shareholders today. The date on which KAP shareholders must be recorded in the share register of KAP in order to be eligible to vote at the annual general meeting shall be Friday, 2 November 2018 (meeting record date), with the last day to trade being Tuesday, 30 October 2018.
15-Oct-2018
(Official Notice)
The board of directors of the Company (?the Board?) wishes to advise bondholders of the following changes to the KAP board:

*Mr DM (?Danie?) van der Merwe, who served on the KAP Board since 2005, has given notice of his intention not to stand for re-election at the Company?s forthcoming annual general meeting on 13 November 2018 (?AGM?) in terms of the Company?s rotation cycle, as a result of his various other commitments outside of the KAP group. During his thirteen-year term on the board, Danie served as a non-executive director and a member of the Company?s nominations committee and the human resources - remuneration committee.

*Mr CJH (?Chris?) van Niekerk, who served on the KAP Board since 2012 has also given notice of his intention not to stand for re-election at the Company?s forthcoming AGM on 13 November 2018. The Company?s memorandum of incorporation requires that after attaining the age of seventy-one, board members are required to retire by rotation on an annual basis. At seventy-one years of age, Chris has decided to retire and despite being eligible, will therefore not stand for re-election.

15-Oct-2018
(Official Notice)
KAP shareholders are hereby advised that KAP?s annual integrated report, containing the audited consolidated financial statements for the year ended 30 June 2018, was dispatched to shareholders today, 15 October 2018, and contains no modifications to the audited results which were announced on SENS on 14 August 2018. The Company?s annual integrated report is available on the Company?s website at www.kap.co.za/investor-relations/results- reports-archive/.



Notice of annual general meeting

Notice is hereby given to KAP shareholders that the 40th annual general meeting of shareholders of KAP will be held at 14h00 on Tuesday, 13 November 2018, at Spier Wine Estate, Spier Hotel, Baden Powell Drive, Stellenbosch, to transact the business as set out in the notice of annual general meeting, which was mailed to shareholders today. The date on which shareholders must be recorded in the share register of KAP in order to be eligible to vote at the annual general meeting shall be Friday, 2 November 2018 (meeting record date), with the last day to trade being Tuesday, 30 October 2018.
15-Oct-2018
(Official Notice)
The board of directors of the Company advised shareholders of the following changes to the KAP board of:

* Mr DM (?Danie?) van der Merwe, who served on the KAP Board since 2005, has given notice of his intention not to stand for re-election at the Company?s forthcoming annual general meeting on 13 November 2018 (?AGM?) in terms of the Company?s rotation cycle, as a result of his various other commitments outside of the KAP group. During his thirteen-year term on the board, Danie served as a non-executive director and a member of the Company?s nominations committee and the human resources - remuneration committee.

* Mr CJH (?Chris?) van Niekerk, who served on the KAP Board since 2012 has also given notice of his intention not to stand for re-election at the Company?s forthcoming AGM on 13 November 2018. The Company?s memorandum of incorporation requires that after attaining the age of seventy-one, board members are required to retire by rotation on an annual basis. At seventy-one years of age, Chris has decided to retire and despite being eligible, will therefore not stand for re-election.
03-Oct-2018
(Official Notice)
Shareholders are advised that KAP?s registered office has changed to the following new address, with effect from 3 October 2018:



Physical address:

* 3rd Floor, Building 2, The Views, Founders Hill Office Park, 18 Centenary Street, Modderfontein, Johannesburg, 1645



All other contact details have also changed as follows:

* Postal address: PO Box 2766, Edenvale, 1610

* Telephone: 010 005-3000

* Telefax: 010 005-3050



A change in the registered address of the Company to the above physical address has been registered with the Companies and Intellectual Property Commission.
28-Sep-2018
(Official Notice)
Notice is hereby given that the company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the company?s website at: http://www.kap.co.za/wp-content/uploads/2018/09/kap-industrial-holdings- ltd-b-bbee-certificate-2018-sep-2018.pdf
04-Sep-2018
(Official Notice)
Shareholders are referred to the announcement published by the Company on 18 May 2018, regarding the agreement reached between KAP, Sakhumzi Foundation Empowerment Trust (?Sakhumzi?) and the FWG Pieters Trust (?Pieters Trust?), in terms of which Sakhumzi and Pieters Trust would, through two wholly owned subsidiaries, subscribe for newly issued share capital in Unitrans Supply Chain Solutions (Pty) Ltd. (?USCS?), an indirectly wholly owned subsidiary of KAP, housing it?s South African contractual logistics and supply chain operations (?the B-BBEE Transaction?). As part of the B-BBEE Transaction, USCS would also acquire the equity in Xinergistix (Pty) Ltd. (?Xinergistix?) not already owned by USCS from an entity associated with the Pieters Trust, being the CGL Custodian Trust No 124 (collectively the ?Xinergistix Transactions?).



All the conditions precedent contained in the agreements required to implement the BBBEE Transaction and the Xinergistix Transactions have been fulfilled and accordingly these transactions were successfully implemented on 3 September 2018.



The ownership structure of USCS, following the implementation of the aforementioned transactions, was verified by an independent verification agency. The Company is pleased to confirm that the implementation of the B-BBEE Transaction resulted in USCS? ownership structure being greater than 51% black owned and greater than 30% black women owned in terms of the B-BBEE Amended Codes of Good practice.
15-Aug-2018
(Official Notice)
KAP hereby notifies its debt investors that it has publicly released its summarised audited consolidated financial statements (?Summarised Financial Statements?) for the year ended 30 June 2018 and that the unmodified audit report relating to the Summarised Financial Statements is unqualified. The Summarised Financial Statements are available on KAP?s website at www.kap.co.za/investor-relations/sens/ and the full consolidated financial statements are available at KAP?s registered office at 28 6th Street, Wynberg, Sandton, 2090, upon request.
14-Aug-2018
(Official Notice)
Shareholders are referred to the announcement published by the Company on 14 August 2018 regarding KAP?s audited financial results for the year ended 30 June 2018. In the announcement, the company secretary was incorrectly reflected as Steinhoff Secretarial Services Pty Ltd. Shareholders are referred to the Company?s announcement dated 15 May 2018, advising that KAP has appointed KAP Secretarial Services Pty Ltd. to replace Steinhoff Secretarial Services Pty Ltd as company secretary, with effect from 15 May 2018.



14-Aug-2018
(C)
Revenue for the year rose 16% to R23 billion (R19.8 billion). Operating profit before capital items went up 15% to R2.9 billion (R2.5 billion). Profit attributable to owners grew 15% to R1.5 billion (R1.3 billion). In addition, headline earnings per share from continuing operations grew to 60.5 cents per share (55.6 cents per share).



Dividend

The board of directors is pleased to announce that a gross dividend of 23 cents per share (21 cents per share) for the year ended 30 June 2018 has been approved and declared.



Outlook

The diverse nature of the group?s operations, with exposure to various sectors, business models and currencies, and the recent investments in organic and acquisitive expansion support the continued growth of the company. During the last 24 months KAP has made significant investments in the expansion of its operations and concluded several acquisitions. In addition, the company recently concluded a B-BBEE transaction in its Contractual Logistics division, which remains subject to competition authority approval. The primary focus of management in the year ahead will therefore be on optimising its expanded operations and growing its market share in all areas of operation in order to extract full value from these recent investments and transactions. Management remains optimistic that this focus will provide continued operational growth, and will result in a strong balance sheet, sustainable earnings and good cash generation in order to facilitate future expansion activities and acquisition opportunities in terms of its strategy.
16-Jul-2018
(Official Notice)
Shareholders are referred to the announcement released on SENS on 8 June 2018 regarding the distribution of a circular to shareholders through which a special resolution was submitted for their consideration by written consent, in terms of section 60 of the Companies Act, No. 71 of 2008 (?Companies Act?), proposing that shareholders authorise the board of directors of the Company to provide direct or indirect financial assistance to related and inter-related entities and persons in the form of loans and the subscription of preference shares to be issued by related and inter-related entities, as contemplated in section 44 and section 45 of the Companies Act, for the purpose of facilitating the sale of 45% of Unitrans Supply Chain Solutions (Pty) Ltd. in a B-BBEE transaction.



Shareholders are advised that the special resolution was approved and adopted by the Company in terms of section 60(2) of the Companies Act.



The Company will, by no later than Friday, 27 July 2018, distribute a statement of these results to shareholders recorded in the Company?s register as at Friday, 6 July 2018, being the record date, in accordance with section 60(4) of the Companies Act.
08-Jun-2018
(Official Notice)
Shareholders are referred to KAP?s SENS announcement dated 18 May 2018 in terms of which it was announced that agreement had been reached between KAP, The Sakhumzi Foundation Empowerment Trust and the FWG Pieters Trust in respect of the sale of 45% of Unitrans Supply Chain Solutions Proprietary Limited (?B-BBEE Transaction?). The B-BBEE Transaction requires the provision of financial assistance to certain entities and indirectly to certain directors associated with such entities and their shareholders. Accordingly, KAP wishes to obtain a specific authority from its shareholders by proposing a special resolution in terms of section 60 of the Companies Act No. 71 of 2008 (?Companies Act?) in order to authorise the board of directors of KAP to provide such direct or indirect financial assistance in terms of section 44 and section 45 of the Companies Act (?Proposed Financial Assistance Resolution?).



Details of the B-BBEE Transaction and the Proposed Financial Assistance Resolution are contained in a circular that has been distributed to shareholders today (?Section 60 Circular?). The Proposed Resolution is presented to shareholders in terms of section 60 of the Companies Act for their consideration and written approval. Shareholders are requested to vote on the Proposed Financial Assistance Resolution in accordance with the instructions contained on page 3 of the Section 60 Circular. The Section 60 Circular is available in English only. Copies may be obtained from the registered office of KAP and KAP?s transfer secretaries, Computershare Investor Services Proprietary Limited. A copy of the Section 60 Circular will also be made available on KAP?s website (www.kap.co.za) today.



Shareholders are referred to the table below setting out important dates and times in relation to voting on the Proposed Financial Assistance Resolution. 2018

*Record date to determine which shareholders are entitled to receive the Section 60 Circular Friday, 1 June

*Circular posted to shareholders on Friday, 8 June

*Deemed date of receipt of the Section 60 Circular Friday, 15 June

*Last day to trade shares for voting purposes Tuesday, 3 July

*Record date for voting purposes Friday, 6 July

*Closing date for voting on the Proposed Financial Assistance Resolution Friday, 13 July

18-May-2018
(Official Notice)
15-May-2018
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised that the Board of Directors of KAP has appointed KAP Secretarial Services (Pty) Ltd as KAP?s Company Secretary with effect from 15 May 2018, replacing Steinhoff Secretarial Services (Pty) Ltd.

13-Feb-2018
(Media Comment)
According to Business Report, KAP Industrial Holdings' diversification strategy and recent acquisitions are set to propel the group into new territory as it seeks to increase its future revenue growth. The group indicated that it had made several acquisitions and concluded major expansionary capital projects the previous year and now wanted to manage successful integration of these to realise full value for capital invested.
12-Feb-2018
(C)
Revenue for the period increased by 29% to R11.478 billion (2016: R8.915 billion), operating profit before capital items rose 25% to R1.404 billion (2016: R1.122 billion), profit for the period attributable to owners of the parent climbed 14% to R720 million (2016: R629 million), while headline earnings per ordinary share from continuing operations grew to 28.3 cents per share (2016: 25.5 cents per share).



Dividend

In line with historic policy the board of directors has not declared an interim dividend.



Outlook

Several acquisitions and major expansionary capital projects were concluded during the 2017 calendar year. Management is focused on the successful integration of these acquisitions and on optimising its expanded operations in order to realise full value for capital invested. Management remains optimistic that these activities will provide continued growth and momentum to the group and will facilitate further expansion in time.



The PG Bison Piet Retief phase one particleboard upgrade in the integrated timber division, the new vehicle model introductions in the automotive components division and the new technology investments in the integrated bedding division will be the primary drivers of growth for the diversified industrial segment. The expansion of the Hosaf PET facility in the diversified chemical segment will enhance revenue, margin and operating profit growth. Recent contract renewals and the pending conclusion of a B-BBEE transaction in the contractual logistics division provide a solid platform for continued growth in the diversified logistics segment.



The diverse nature of the group?s operations, with exposure to various sectors, business models and currencies and continued investment in organic and acquisitive expansion, underpins the continued growth of the group.
08-Dec-2017
(Official Notice)
There have been various public announcements recently regarding Steinhoff International NV (?Steinhoff?).



The board of KAP Industrial Holdings Ltd. (?KAP?) draw the attention of shareholders to the fact that while Steinhoff is a major shareholder in KAP, Steinhoff is not a controlling shareholder of KAP. In addition, KAP is independently managed, controlled and funded and as a result should be unaffected by these recent announcements.



Should you require any further information on KAP, please feel free to contact either Reina de Waal (reina.dewaal@kap.co.za) or Ian Nel (ian.nel@kap.co.za).
06-Dec-2017
(Official Notice)
There have been various public announcements recently regarding Steinhoff International NV (?Steinhoff?).



The board of KAP Industrial Holdings Ltd. (?KAP?) draw the attention of shareholders to the fact that while Steinhoff is a major shareholder in KAP, Steinhoff is not a controlling shareholder in KAP. In addition, KAP is independently managed, controlled and funded and as a result should be unaffected by these recent announcements.



Should you require any further information on KAP, please feel free to contact either Reina de Waal (reina.dewaal@kap.co.za) or Ian Nel (ian.nel@kap.co.za).
13-Nov-2017
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held on Monday , 13 November 2017, in the Cellar Hall at the Lanzerac Hotel in Stellenbosch (?AGM?), all of the ordinary and special resolutions proposed, were passed by the requisite majority of votes by KAP shareholders.

13-Oct-2017
(Official Notice)
KAP notified its debt investors that it has publicly released its Audited Annual Financial Statements for the full year ended 30 June 2017. The Audited Financial Statements will be available on KAP?s website www.kap.co.za/investor-relations/results-reports-archive and for inspection at KAP?s corporate head office at Block D, De Wagenweg Office Park, Stellentia Road, Stellenbosch, South Africa.
13-Oct-2017
(Official Notice)
KAP shareholders were advised that KAP?s annual integrated report, containing the audited consolidated financial statements (?financial statements?) for the year ended 30 June 2017, was dispatched to shareholders today, 13 October 2017. The financial statements contain no modifications to the audited results which were announced on SENS on 14 August 2017. The Company?s annual integrated report and its corporate governance report may be accessed at www.kap.co.za.



Notice of AGM

Notice was given to KAP shareholders that the 39th annual general meeting of shareholders of KAP will be held on Monday, 13 November 2017 at 13h00 in the Cellar Hall at the Lanzerac Hotel, at number 1, Lanzerac Road, Stellenbosch, to transact the business as set out in the notice of annual general meeting, which was mailed to shareholders today. The date on which shareholders must be recorded in the share register of KAP in order to be eligible to vote at the annual general meeting is Friday, 3 November 2017 (meeting record date), with the last day to trade being Tuesday, 31 October 2017.
29-Sep-2017
(Official Notice)
Shareholders are advised that Mr TLR (Theodore) de Klerk and Mr LJ (Louis) du Preez have been appointed as non-executive directors to the board of KAP (?the Board?), with effect from 1 October 2017. Their respective curriculum vitae are summarized as follows:



*Mr Theodore de Klerk (47)

*Mr Louis du Preez (48)



Shareholders are also advised that Mr MJ (Markus) Jooste and Mr AB (Ben) la Grange have resigned as non-executive directors from the board of KAP with effect from 1 October 2017 in order to increase their focus on the respective activities of Steinhoff International Holdings NV and the recently listed Steinhoff Africa Retail Ltd. (?STAR?).



29-Sep-2017
(Official Notice)
In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website at: www.kap.co.za/corporate-responsibility/social/.

14-Aug-2017
(C)
Revenue for the year rose 23% to R19.8 billion (R16.0 billion). Operating profit before capital items went up 25% to R2.5 billion R2.0 billion). Profit attributable to owners grew 17% to R1.3 billion (R1.1 billion). In addition, headline earnings per share from continuing operations jumped to 55.6 cents per share (48.2cents per share).



Dividend

The board of directors announced that a gross dividend of 21 cents per share (18 cents per share) for the year ended 30 June 2017 has been approved and declared.



Company outlook

Management continues to focus on optimising and expanding its existing operations and on growing its market share in all areas of operation and remains optimistic that these activities will provide continued growth, despite the current challenging economic environment.



The momentum of existing operations in the diversified industrial segment is expected to continue. Key projects, including an upgrade of the PG Bison Piet Retief particleboard plant, the construction of a new integrated bedding facility and new vehicle model introductions in the automotive components division, are expected to support revenue and operating profit growth in FY2018.



The formation of the diversified chemical segment and the acquisition of Safripol are expected to bring increased chemical industry focus to the group, as well as scale benefits with exposure to broader markets and opportunities. The expansion of the Hosaf PET operation, with significantly enhanced production capacity, will result in revenue and operating profit growth.



A recent rationalisation of the contractual logistics division, with a resultant improvement in management focus, operational efficiencies and cost management, will support the competitiveness of the division in FY2018 in terms of contract renewals, extensions and the procurement of new contracts. The acquisition and integration of Lucerne and Xinergistix have produced opportunities for growth in new markets.



The diverse nature of the group?s operations, with exposure to various sectors, business models and currencies, continues to provide underlying support through the current economic cycle.
14-Feb-2017
(Media Comment)
Business Day highlighted that KAP increased revenue and headline earnings per share substantially over its interim reporting period to December. CEO Gary Chaplin said that despite an extremely tough operating environment, the core logistics business performed well by positioning itself in nondiscretionary spending markets, as well as by rationalising operations. KAP had also invested heavily in technology upgrades and in plant expansions.
13-Feb-2017
(C)
Revenue for the interim period ended 31 December 2016 increased by 10% to R9 billion (2015: R8.2 billion). Operating profit before capital items rose by 24% to R1.1 billion (2015: R898 million), while profit for the period attributable to owners of the parent jumped by 23% to R629 million (2015: R513 million). Furthermore, headline earnings per share grew by 18% to 25.2cps (2015: 21.4cps).



Interim dividend

In line with the group?s policy, the board has not declared an interim dividend.



Outlook

Management continues to focus on optimising and expanding its existing operations and on growing its market share in all areas of operation and remains optimistic that these activities will provide a solid platform for continued growth, despite the current challenging economic environment. The acquisition and integration of Lucerne and the increased shareholding in Xinergistix have produced new opportunities for the diversified logistics segment and will facilitate increased intragroup trade within KAP. Improved efficiencies and reduced costs resulting from the recent rationalisation of the contractual logistics division continue to support the competitiveness of the division in terms of contract renewals, extensions and the procurement of additional contracts. The contractual nature of both the contractual logistics and passenger transport divisions continues to provide underlying support through the current economic cycle. In the diversified industrial segment, the current momentum of existing operations is expected to continue in the second half of the financial year. Certain key projects, including an expansion of the Hosaf PET operation, an upgrade of the PG Bison Piet Retief particleboard plant and the construction of a new integrated bedding facility, are progressing on schedule and will support revenue and operating profit growth in FY2018. The acquisition of Safripol is expected to bring scale benefits to the chemical division as it is exposed to exciting new markets.



10-Jan-2017
(Official Notice)
Shareholders are referred to the SENS announcement published on 10 August 2016, in terms of which a nominated wholly-owned subsidiary of KAP would acquire the entire issued ordinary share capital of Safripol Holdings (Pty) Ltd. (?Safripol?), subject to certain conditions precedent (the ?Transaction?). Shareholders are hereby advised that all of the conditions precedent in relation to the Transaction have been fulfilled and accordingly the effective date for the Transaction is 1 January 2017.



Funding of the Transaction

The entire issued ordinary share capital in Safripol was acquired for a cash consideration of R4.1 billion on a debt free, cash free basis, which was discharged on 3 January 2017. In order to maintain a healthy capital structure to facilitate future growth for KAP, the Transaction was funded by a combination of equity and debt in the following manner:

- R1.5 billion equity raised through a Claw-back Offer, concluded in December 2016;

- R1.374 billion raised through a combination of private and public bond issuances with 3 and 5 year tenors, together with a mix of fixed and floating interest rates; and

- R1.226 billion raised through a combination of term debt and revolving credit facilities with 3 year tenors, together with a mix of fixed and floating interest rates.
12-Dec-2016
(Official Notice)
Shareholders are referred to the announcements released by the Company on SENS on 31 October 2016 and 17 November 2016 and to the circular dated 22 November 2016 relating to the renounceable claw-back offer to raise R1.5 billon, before expenses (?Claw-back Offer?). In terms of the Claw-back Offer, KAP offered 197 368 421 ordinary shares (?Claw-back Shares?) to KAP shareholders at a subscription price equal to the volume weighted average trading price of the Company on 28 October 2016, being R7.60 per Claw-back Share, in the ratio of 8.07368 Claw-back Shares for every 100 ordinary shares held on the record date of Friday, 25 November 2016 (?Entitlement?). Ainsley Holdings (Pty) Ltd., a wholly-owned subsidiary of Steinhoff International Holdings N.V., Allan Gray (Pty) Ltd. (in its capacity as investment manager and agent for and on behalf of its clients) and Public Investment Corporation SOC Ltd. (?the Subscribers?) undertook to fully subscribe for the Claw-back Shares for a total consideration amount of R1.5 billion, in proportion to their existing holdings in KAP.



Results of claw-back offer

The Claw-back Offer closed on Friday, 9 December 2016. KAP is pleased to announce that shareholders subscribed for a total of 180 640 465 Claw-back Shares, constituting 91.5% of the Claw-back Shares, at a subscription price of R7.60 per Claw-back Share. The balance of 16 727 956 Claw-back Shares, constituting 8.5% of the Claw-back Shares not applied for by shareholders, will be credited to the Subscribers? Central Securities Depository Participant (?CSDP?) accounts.



The Claw-back Offer did not include the right for shareholders to apply for excess Claw-back Shares. Following the finalisation of the Claw-back Offer, the Subscribers collectively hold 1 931 933 336 KAP ordinary shares, representing 73.1% of KAP?s issued share capital.



Issue of claw-back shares

Share certificates are being posted to holders of certificated shares who have accepted their Entitlement on Monday, 12 December 2016. The CSDP or broker accounts of holders of dematerialised shares, who have accepted their Entitlement, will be credited with the Claw-back Shares and debited with any payments due on Monday, 12 December 2016.
30-Nov-2016
(Official Notice)
Shareholders were advised that at the annual general meeting of the Company held at 12:30 today, 30 November 2016, in the Cellar Hall at the Lanzerac Hotel in Stellenbosch (?AGM?), all of the resolutions proposed were passed by the requisite majority of KAP shareholders.
17-Nov-2016
(Official Notice)
31-Oct-2016
(Official Notice)
Notice is hereby given to KAP shareholders that the 38th annual general meeting of shareholders of KAP will be held at 12h30 in the Cellar Hall at the Lanzerac Hotel at number 1, Lanzerac Road, Stellenbosch, on Wednesday, 30 November 2016, to transact the business set out in the notice of annual general meeting mailed to shareholders. The date on which shareholders must be recorded in the share register of KAP in order to be eligible to vote at the annual general meeting shall be Friday, 25 November 2016 (meeting record date), with the last day to trade being Tuesday, 22 November 2016.
31-Oct-2016
(Official Notice)
05-Oct-2016
(Official Notice)
KAP shareholders are advised that the 2016 integrated report, containing the audited consolidated annual financial statements for the year ended 30 June 2016, will be made available on KAP?s website at www.kap.co.za. on Friday, 14 October 2016. The integrated report will be mailed by Friday 21 October 2015 to those KAP shareholders who have requested copies. There are no qualifications or changes to the audited results which were announced on SENS on 15 August 2016. Shareholders are furthermore advised that the company?s annual general meeting of shareholders shall be held on Wednesday, 30 November 2016. The notice of annual general meeting shall be mailed to shareholders by no later than 31 October 2016.
16-Aug-2016
(Media Comment)
According to Business Day, investments in strategically aligned businesses has seen diversified industrial group KAP Industrial Holdings survive tough trading conditions and continue to grow. The group said the investments had enhanced the quality of its earnings through sustainability, solid margins and strong cash conversion in the year to June.CEO Gary Chaplin said despite tough operating conditions, the company had benefited from heightened efficiencies across the board and investments in technology.
15-Aug-2016
(C)
Revenue for the year ended 30 June 2016 increased by 4% to R16.2 billion (2015: R15.7 billion). Operating profit before capital items increased by 19% to R2 billion (2015: R1.7 billion), while profit for the year attributable to owners of the parent rose by 29% to R1.1 billion (2015: R888 million). Furthermore, headline earnings per ordinary share from continuing operations grew by 18% to 47.8cps (2015: 40.6cps).



Final dividend

The board of directors is pleased to announce that a gross dividend of 18cps (2015: 15cps) for the year ended 30 June 2016 has been approved.



Outlook

Management continues to focus on optimising and expanding its existing operations and on growing its market share in all areas of operation. Management remains optimistic that these activities will provide a solid platform for continued growth of the group, despite the current challenging economic environment. In the Diversified Logistics segment, certain key contracts were renewed during the year and a healthy volume of new contracts was secured, providing strong momentum for FY2017. It is expected that improved efficiencies and significantly reduced costs resulting from the rationalisation of this division will result in further contract renewals, extensions and the procurement of additional contracts in the sectors within which the group operates.



In the Diversified Industrial segment, the momentum of existing operations is expected to continue during FY2017. This will be supported by the acquisition of Autovest Limited and certain expansion projects implemented during FY2016, which include the PG Bison high-gloss line and the Woodchem impregnation plant. Certain key projects, including amongst others the expansion of the Hosaf PET operation, the upgrade of the PG Bison Piet Retief particleboard line and the construction of the new Integrated Bedding factory are progressing on schedule, and will provide revenue and operating profit growth in FY2018.



10-Aug-2016
(Official Notice)
The board of directors of KAP announce that agreement has been reached between KAP and the shareholders of Safripol Holdings Pty Ltd (Safripol), in terms of which a nominated wholly-owned subsidiary of KAP (the Purchaser) will, subject to the conditions precedent set out below, acquire the entire issued ordinary share capital of Safripol through a series of integrated transactions (the Transaction).



Effective date of the transaction

If all conditions precedent are fulfilled, the effective date for the transaction will be 1 January 2017. However, if any Conditions Precedent remain outstanding at 1 January 2017, the effective date of the transaction will be the first day of the month following the date of fulfillment or waiver, as the case may be, of the last of the conditions precedent, set out in paragraph below.



Conditions precedent

The transaction is subject to the fulfillment or waiver (where applicable) of, inter alia, the following conditions precedent within the specified time periods, or such later dates as the parties may agree in writing:

*Adoption by the parties on or before the signature date of the necessary resolutions authorizing the transaction;

*securing the written consent, from the funder of Safripol within ten business days after the signature of the sale agreement that it shall not, as a result only of the implementation of the transaction, accelerate the repayment of any of the facilities granted by it to Safripol;

*the filing, within fifteen business days after signature of the sale agreement, of the Merger Notification with the Competition Authorities and the approval of the transaction by the Competition Authorities, evidenced by the issue of a merger clearance certificate on or before 31 December 2016;

*KAP securing the funding it requires to implement the Transaction within twenty business days after signature of the sale agreement, to the reasonable satisfaction of the Sellers;

*no event having occurred between signature date and Effective Date which has resulted in or is likely to result in Safripol?s main supplier having the right to permanently cease the supply of raw material to Safripol.

08-Apr-2016
(Official Notice)
Shareholders are advised of the following changes to the board of directors of KAP (the ?Board?) with effect from 15 April 2016:



After 14 years in the corporate environment, John Haveman has decided to pursue an entrepreneurial opportunity and will therefore step down as the chief financial officer of the company. John will remain in the employ of the company until 30 June 2016, following which he will continue to engage with the company for a minimum period of 6 months on a retainer basis in order to facilitate an orderly transition.



Frans Olivier will be appointed to the board of the company as the chief financial officer with effect from 15 April 2016.

15-Feb-2016
(C)
05-Jan-2016
(Official Notice)
KAP has publicly released its Audited Annual Financial Statements ended 30 June 2015. The financial information is available on the company?s website http://www.kap.co.za/investor-relations/results-reports-archive/ and at their office at Block D, De Wagenweg Office Park, Stellentia Road, Stellenbosch, South Africa with immediate effect.

16-Nov-2015
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 12:30 today, 16 November 2015, at 28 Sixth Street, Wynberg, Sandton 2090 (?AGM?), all of the resolutions proposed were passed by the requisite majority of KAP shareholders.
19-Oct-2015
(Official Notice)
KAP shareholders are advised that the integrated report, containing the annual financial statements of KAP for the year ended 30 June 2015, is available on KAP?s website at www.kap.co.za. There are no qualifications or changes to the audited results which were announced on SENS on 18 August 2015. Copies of the integrated report will be mailed to those KAP shareholders who have requested copies, on or before 31 October 2015.



AGM notice

Notice is hereby given that the annual general meeting of shareholders of KAP will be held at 28 Sixth Street, Wynberg, Sandton, 2090 at 12h30 on Monday, 16 November 2015 to transact the business set out in the notice of annual general meeting mailed to shareholders today. The date on which shareholders must be recorded as such in the share register of KAP in order to be eligible to vote at the annual general meeting shall be Friday, 6 November 2015, with the last day to trade being Friday, 30 October 2015.
18-Aug-2015
(C)
Revenue for the year ended 30 June 2015 increased by 8% to R15.7 billion (2014: R14.5 billion). Operating profit before capital items increased by 13% to R1.7 billion (2014: R1.5 billion), while profit for the year attributable to owners of the parent rose by 23% to R888 million (2014: R724 million). Furthermore, headline earnings per ordinary share from continuing operations grew by 19% to 40.6cps (2014: 34.1cps).



Final dividend

The board announced that a gross dividend of 15 cents per share (prior year: 12 cents per share) for the year ended 30 June 2015 has been approved.



Outlook

Management believes that economic activity in South Africa will remain subdued for the foreseeable future and therefore continues to optimise the group's existing operations, to focus on market share growth and on growth in the rest of Africa.



To this end Kap will expand its Hosaf facility in order to increase PET production and will upgrade its Piet Retief particleboard plant in order to benefit from technology advancements, including raw material savings. The installation of a gloss finishing line at PG Bison's Boksburg operation, to be commissioned in July 2016, is expected to further enhance the group's value- adding strategy. The installation of the paper impregnation line at Woodchem is progressing well with commissioning expected in November 2015. The efficiency and marketing opportunities resulting from the creation of the Integrated Bedding division are expected to bear fruit in the 2016 financial year.



The consolidation of the Unitrans divisions into a single operation is expected to yield efficiency benefits and cost savings, and to unlock growth opportunities in South Africa and the rest of Africa through a more focused approach within certain sectors.



Kap continues to seek out and pursue growth opportunities in accordance with its strategy. In view of the strong cash generation and reduced gearing, the group is well positioned to take advantage of opportunities as they arise.
17-Feb-2015
(C)
Revenue for the interim period ended 31 December 2014 increased by 9% to R8.1 billion (2013: R7.4 billion). Operating profit before capital items rose by 8% to R777 million (2013: R720 million), while profit for the period attributable to owners of the parent jumped by 17% to R415 million (2013: R354 million). Furthermore, headline earnings per ordinary share grew by 14% to 18.5cps (2013: 16.2cps).



Interim dividend

In line with historical policy, the group has not declared an interim dividend.



Outlook

The Diversified Logistics Division continues to grow its African business in partnership with its customers. The expansion of the Passenger Division into Mozambique is progressing well, with new opportunities in other African countries also under investigation. The rationalisation of under-performing contracts, and the continual focus on cost savings and efficiencies will remain the focus for the Division within the current economic climate.



The Diversified Industrial Division is primarily focused on volume and margin growth opportunities through capacity expansion and process improvements, and growth of market share. The second phase upgrade of the PG Bison MDF plant at Boksburg and the installation of the paper impregnation line at Woodchem are both progressing well. The successful acquisition of Restonic, concluded on 2 January 2015, provides a unique opportunity to create a fully integrated bedding business, which should deliver improved returns to shareholders.



The continued strategic initiatives and focus, with strong operational execution, provides management with a positive outlook for the remainder of the financial year. The group continues to apply its strategy of acquiring and optimising high barrier to entry, cash generative assets in African markets.
18-Nov-2014
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 12:30 today, 18 November 2014, at 28 Sixth Street, Wynberg, Sandton 2090 (AGM), all of the resolutions proposed were passed by the requisite majority of KAP shareholders.
18-Nov-2014
(Official Notice)
Shareholders are advised of the following changes to the board and committees with effect from 18 November 2014:



Board restructuring/Appointment of CEO:

Having successfully overseen the integration in 2012 of the African industrial businesses of Steinhoff International Holdings Ltd. with the company's businesses and having managed the subsequent sale of non-core activities within the KAP group (the "group"), Mr K J Grov? (65) will step down as chief executive officer but will continue to serve on the board as executive deputy chairman. Mr J de V du Toit (60) will remain as the company's independent non-executive chairman.



Mr G N Chaplin (44), chief executive officer of the company's integrated timber division, has been appointed to the board and will replace Mr Grov? as chief executive officer of KAP. Prior to this appointment, Mr Chaplin's duties within the group included responsibility for the group's PG Bison (Pty) Ltd. operations and oversight of the group's two largest manufacturing divisions, Hosaf and Feltex.



Mr G Victor (48), who has served on the board of PG Bison (Pty) Ltd. since 2009 and who has extensive experience in the timber-based panel industry, will succeed Mr Chaplin as chief executive officer of the integrated timber division.



Retirement of independent non-executive director

Mr J B Magwaza (72), who has served on the board of the company since 2004 as an independent non-executive director, elected not to stand for re-election to the board at the annual general meeting held on 18 November 2014 and, in accordance with the company's memorandum of incorporation, retires from the board on this date. The board places on record its appreciation of the valuable contribution made by Mr Magwaza towards the affairs of the group over the 10 years of his service and the best wishes of the board accompany Mr Magwaza.



Mr Magwaza also steps down as chairman of the company's human resources and remuneration committee and as a member of the company's nomination committee. Mr S H M?ller, independent non-executive director, has been appointed to replace Mr Magwaza in these positions.
20-Oct-2014
(Official Notice)
KAP shareholders are advised that the integrated report, containing the annual financial statements of KAP for the year ended 30 June 2014, is available on KAP's website at www.kap.co.za. There are no qualifications or changes to the audited results which were announced on SENS on 18 August 2014. Copies of the integrated report will be mailed to those KAP shareholders who have requested copies, on or before 31 October 2014.



Notice is hereby given that the annual general meeting of shareholders of KAP will be held at 28 Sixth Street, Wynberg, Sandton, 2090 at 12h30 on 18 November 2014 to transact the business set out in the notice of annual general meeting mailed to shareholders today. The date on which shareholders must be recorded as such in the share register of KAP in order to be eligible to vote at the annual general meeting shall be Friday 14 November 2014, with the last day to trade being Friday 7 November 2014.

18-Aug-2014
(C)
Revenue for the year ended 30 June 2014 increased by 9% to R14.7 billion (2013: R13.5 billion). Operating profit before capital items increased by 12% to R1.5 billion (2013: R1.3 billion), while profit for the year attributable to owners of the parent rose by 7% to R724 million (2013: R677 million). Furthermore, headline earnings per ordinary share from continuing operations grew by 21% to 34.1cps (2013: 28.1cps).



Final dividend

In light of the good cash flows for the year and anticipated future cash flows received from the disposal of non-core assets, the board has approved a gross dividend of 12cps from income reserves, for the year ended 30 June 2014.



Outlook

The Supply Chain Solutions and the Passenger divisions remain committed to growth in Africa in partnership with its existing strong customer base, as well as capitalising on opportunities in the South African market. The Supply Chain Solutions division will see further benefits from its restructuring, while Mozambique expansion in the Passenger division is expected to support growth. In the Integrated Timber division, the volume and margin benefits of the new MDF plant and efficiency improvement measures are expected to continue.



The Manufacturing division has improved its focus following its disposals over the last two years. Hosaf is expected to deliver another good performance. Following a vehicle model change over of one of its customers, Feltex is expected to regain its vehicle build volumes. The group continues to apply its strategy of focusing on its core industrial assets in emerging African markets.

09-Jun-2014
(Official Notice)
KAP announced that, in line with its strategy to focus on strategic industrial assets within emerging markets, it has successfully concluded the sale of its footwear interests, being Jordan Shoes, Wayne Plastics, United Fram Footwear and Mossop-Western Leathers ("the Footwear Division").



The Footwear Division has been sold to Bolton Footwear (Pty) Ltd. ("Bolton"), a South African based diversified footwear manufacturer. Bolton, together with Beier Safety Footwear (Pty) Ltd. and other parties, will establish two significant footwear groups focussing on safety footwear and fashion footwear. The Footwear Division will be integrated into these new footwear groups, which bodes well for the future of the Footwear Division.



The transaction is still subject to approval by the South African Competition Authorities. KAP will continue to manage the business until such time as the relevant approvals have been obtained. KAP thanks the management team for their efforts and assistance during the sales process and wishes them well for the future.



The transaction does not constitute a reportable transaction as contemplated in terms of section 9 of the JSE Listings Requirements and accordingly the announcement is made on a voluntary basis.
17-Feb-2014
(C)
Revenue increased by 9% to R7.8 billion (R7.2 billion) and operating profit before capital items rose to R710 million (R650 million). Earnings before interest, dividend income, associate and joint venture earnings and tax decreased by 2 % to R680 million (R692 million). Profit attributable to owners came in 4% lower at R354 million (R370 million). In addition, headline earnings per share from continuing operations jumped 16% to 16.0cps (13.8cps).



Interim dividend

In line with historical policy, the group has not declared an interim dividend.



Outlook

Economic conditions in South Africa remain subdued.



Under these circumstances, management has increased its focus on controllable factors such as costs, productivity and the retention and growth of market share.



Both the Supply Chain Solutions and Passenger divisions maintain ongoing focus on growth in developing African markets. The restructuring of the USCS business has been favourably received by its customer base, and is expected to continue to deliver efficiencies.



In the Integrated Timber division, the new Medium Density Fibreboard plant and restructured cost base is expected to further improve results in the second half of the financial year.



In the Manufacturing division, Hosaf is expected to continue to benefit from growth in the PET industry, and Feltex is expected to recover lost vehicle build by the end of the financial year. The three-year wage agreement in the automotive sector is expected to have a positive effect on stability in the industry.
18-Nov-2013
(Official Notice)
Shareholders were advised that, at the annual general meeting of shareholders held on 18 November 2013, all of the proposed ordinary and special resolutions, as set out in the notice to shareholders, were passed by the requisite majority of shareholders present or represented by proxy. Where required, special resolutions will be submitted in due course to the Companies Intellectual Property Commission for registration.
18-Oct-2013
(Official Notice)
KAP shareholders are advised that the integrated report, containing the annual financial statements of KAP for the year ended 30 June 2013, is available on KAP's website at www.kap.co.za. There are no modifications to the abridged audited results which were announced on SENS on 19 August 2013. Copies of the integrated report will be mailed to those KAP shareholders who have requested copies, on or before 30 October 2013.



Notice was given that the annual general meeting of shareholders of KAP will be held at 28, Sixth Street, Wynberg, Sandton, 2090 on 18 November 2013 at 12h30 to transact the business set out in the notice of annual general meeting mailed to shareholders today. The date on which shareholders must be recorded as such in the share register of KAP in order to be eligible to vote at the annual general meeting shall be Friday, 15 November 2013, with the last day to trade being Friday, 8 November 2013.
19-Aug-2013
(C)
Revenue for the year ended 30 June 2013 jumped by 37% to R14.4 billion (2012: R10.5 billion). Operating profit before capital items increased by 21% to R1.3 billion (2012: R1.1 billion), while profit for the year attributable to owners of the parent rose by 18% to R677 million (2012: R574 million). Furthermore, headline earnings per ordinary share from continuing operations grew by 19% to 28.5cps (2012: 24cps).



Final dividend announcement

In light of the good cash flows for the year, the board has increased its gross dividend declared by 33% to 8cps (2012: 6cps) from income reserves, for the year ended 30 June 2013.



Outlook

The current slow economic conditions are expected to continue and have led to a focus on the containment of costs and heightened efficiencies to maintain margins in a more competitive low volume environment. Both the Supply chain and Passenger divisions will continue to focus on expansion into Africa.



The Integrated Timber Division continues to focus on revenue growth and cost efficiencies. The commissioning of the new medium-density fibre board plant in October 2013 will lead to further cost reductions, which should benefit margins. Demand for PET resin remains high and volumes at Hosaf are expected to grow.
21-Jun-2013
(Official Notice)
KAP announce that, in line with its strategy to focus on strategic industrial assets within emerging markets, it has successfully concluded the sale of its food interests, being Bull Brand Foods (Bull Brand) and Brenner Mills (Brenner). Bull Brand has been sold to Rhodes Food Group (Pty) Ltd, the South African based diversified foods business, whilst Brenner has been sold to its management in terms of a management buy-out.



Both transactions are subject to Competition Authorities approval. KAP will continue to manage the businesses until such time as the relevant approvals have been obtained. KAP thanks the management teams for their efforts and assistance during the sales processes and wishes them well for the future.
18-Feb-2013
(C)
Revenue for the interim period ended 31 December 2012 jumped by 55% to R7.9 billion (2011: R5.1 billion). Earnings before interest, dividend income, associate earnings and taxation rose by 40% to R716 million (2011: R511 million), while profit attributable to owners of the parent climbed by 61% to R370 million (2011: R230 million). Furthermore, headline earnings per ordinary share increased by 21% to 14.4cps (2011: 11.9cps).



Dividend

In line with historical policy, the group has not declared an interim dividend.



Outlook

With a more stable labour environment expected given the three- year agreement reached in October last year, the logistics division expects improved operating performance in the second six months of this financial year. In addition, KAP's African growth plan has gained momentum and the growing geographical diversity has already started to benefit Unitrans.



The successful turnaround experienced at PG Bison is encouraging for the timber division and bodes well for profitable growth in an improved market. In line with the company's objective of being the premier flat board manufacturer and primary upgrader in Africa, PG Bison commissioned a new melamine-faced board press at its Boksburg operation, and is at an advanced stage in the installation of a new SupaWood (medium-density fibreboard) plant, also at its Boksburg operation. This is expected to be commissioned in September 2013.



The manufacturing division is now well positioned to deliver on its long-term strategic plans, and the recent weakening of the Rand and government's increased focus on job creation continues to provide opportunities for local manufacturers.
12-Feb-2013
(Official Notice)
KAP acquired the Steinhoff Industrial Assets ("the Steinhoff Industrial Assets") from Steinhoff Africa Holdings (Pty) Ltd. ("Steinhoff") and issued 1 912.8 million shares to Steinhoff with effect from 2 April 2012. For accounting purposes the transaction is regarded as a reverse acquisition. Accordingly, the Steinhoff Industrial Assets are treated as the acquirer and KAP as the acquiree.



The results of KAP for the six months ended 31 December 2012 will therefore contain the results of the newly constituted KAP for the period, while the results for the previous corresponding period will reflect only the results of the Steinhoff Industrial Assets and not those of the traditional KAP assets.



Based on the above, shareholders are advised that a reasonable degree of certainty exists that:

*KAP's fully diluted earnings per share for the six months ended 31 December 2012 will be between 25% and 35% higher than the previous six months period (2011: 11.9 cents per share); and

*KAP's fully diluted headline earnings per share for the six months ended 31 December 2012 will be between 15% and 25% higher than the previous six months period (2011: 11.8 cents per share).



The current period earnings per share and headline earnings per share are based on a fully diluted weighted average of 2 371.6 million shares in issue (2011: 1 925.9 million shares). The results for the six months ended 31 December 2012 are expected to be published on or about 18 February 2013.
04-Jan-2013
(Permanent)
The company was renamed from KAP International Holdings Ltd. to KAP Industrial Holdings Ltd. on 7 January 2012.
13-Dec-2012
(Official Notice)
Shareholders are referred to the notice of annual general meeting contained in the 2012 integrated report, posted to shareholders on 15 October 2012, in respect of inter alia the change of name of the Company from KAP International Holdings Ltd to KAP Industrial Holdings Ltd (the name change).



The company is pleased to advise that the special resolution necessary for the name change, together with all prescribed documents, has been registered by the Companies and Intellectual Property Commission. The salient dates and times in respect of the implementation of the name change remain as notified to shareholders in the notice of annual general meeting referred to above. These dates are:

*Last day to trade under old name on: Friday, 4 January 2013

*Trade under new name KAP Industrial Holdings Ltd, JSE code: KAP and ISIN code: ZAE000171963 from commencement of trading on JSE on: Monday, 7 January 2013

*Record date for the Name Change on: Friday, 11 January 2013

*Dematerialised shareholders? CSDP and broker accounts updated on Monday, 14 January 2013

*Issue to certificated shareholders of new share certificates, posting of share certificates to those shareholders who have submitted their share certificates and forms of surrender on or before 12:00 on the record date (Share certificates and forms of surrender received after this time will be posted within 5 business days of receipt) Monday, 14 January 2013
14-Nov-2012
(Official Notice)
Shareholders were advised that, at the annual general meeting of shareholders of KAP held on 14 November 2012, all of the proposed ordinary and special resolutions, as contained in the notice of annual general meeting which was posted to shareholders with the company's 2012 integrated report, were passed by the requisite majority of shareholders present and voting in person or by proxy. Special resolution number 5, relating to the adoption of a new memorandum of incorporation, was passed with a modification to allow for the retirement of executive directors at the end of every fifth year of approval by shareholders in general meeting. The special resolutions will be filed with the Companies and Intellectual Property Commission in due course.
22-Oct-2012
(Official Notice)
KAP shareholders were advised that the 2012 annual report, containing the audited annual financial statements of KAP for the year ended 30 June 2012 was dispatched to shareholders on 17 October 2012 and contains no modifications to the condensed audited results which were announced on SENS on 4 September 2012.



Notice was also given that the annual general meeting of shareholders of KAP will be held at 28 Sixth Street, Wynberg, Sandton, Johannesburg on 14 November 2012 at 10:00 to transact the business set out in the notice of the annual general meeting contained in KAP's 2012 annual report. The date on which shareholders must be recorded as such in the share register of KAP to be eligible to vote at the annual general meeting will be Friday, 9 November 2012, with the last day to trade being Friday, 2 November 2012.
04-Sep-2012
(C)
Revenue increased to R11 billion (R8.9 billion) and earnings before interest, dividend income, associate earnings and taxation rose to R1.2 billion (R872 million). Net attributable profit of R574 million (R272 million) was recorded. In addition, headline earnings per share jumped to 24.2cps (22.1cps). The comparative figures have been restated to reflect only the Steinhoff Industrial assets businesses.



Dividend

In light of the good cash flows for the year, the board has declared a final dividend of 6cps from income reserves, for the period ended 30 June 2012.



Annual general meeting

The annual general meeting will be held on 14 November 2012.



Outlook

As the group has now been established as a significant emerging market industrial player with good positioning in growth markets and industries, a strong balance sheet and the support of a large controlling shareholder, we believe that the group is well positioned to deliver satisfactory returns to shareholders. We are looking forward to continued growth in the logistics sector, to capitalising on the benefits from a restructured PG Bison which, along with competitively positioned manufacturing businesses, should position the KAP Group for growth.
21-Aug-2012
(Official Notice)
KAP acquired the Steinhoff Industrial Assets ("the Steinhoff Industrial Assets") from Steinhoff Africa Holdings (Pty) Ltd. ("Steinhoff") and issued 1912.8 million shares to Steinhoff with effect from 2 April 2012. For accounting purposes the transaction is regarded as a reverse acquisition. Accordingly, the Steinhoff Industrial Assets are treated as the acquirer and KAP as the acquiree.



The statutory results of KAP for the year ended 30 June 2012 will therefore contain the Steinhoff Industrial Assets' results for the full financial year plus three months for KAP (as previously constituted). The financial results for the previous corresponding financial year will be the results of the Steinhoff Industrial Assets and not those of KAP as previously reported.



Based on the above, shareholders are advised that a reasonable degree of certainty exists that:

* KAP's earnings per share for the year ended 30 June 2012 will be between 26 cents and 29 cents (2011: 14.2 cents per share);and

* KAP's headline earnings per share for the year ended 30 June 2012 will be between 23 cents and 26 cents (2011: 22.1 cents per share).



The current year earnings per share and headline earnings per share are based on a weighted average of 2018.3 million shares in issue (2011: 1912.8 shares). The audited results for the year ended 30 June 2012 are expected to be published on or about 4 September 2012.
25-Jun-2012
(Official Notice)
KAP advised shareholders of further changes to the KAP board of directors ("the board") following the acquisition of the Steinhoff Industrial Assets by KAP which resulted in the reconstitution of KAP as a diversified industrial company with a range of new industrial assets, as well as KAP becoming a subsidiary of Steinhoff International Holdings Ltd. Taking into account the requirements of the enlarged KAP, the board has been expanded by the appointment of various non-executive directors, including the appointment of a new independent chairman as announced on 24 May 2012. The KAP board is pleased to announce further non-executive board appointments, which it believes will add an appropriate and experienced skill set to the board.

*Mr Patrick Keith Quarmby, appointed as an independent non-executive board member and as chairman of the Audit and Risk Committee.

*Mr Stephanus Hilgard Muller, appointed as an independent non-executive board member and as a member of the Audit and Risk Committee.



These new appointments are effective from the date of this announcement. As a result of the various appointments referred to above, the board has gained a wealth of experience, which the board believes will contribute to the growth of the enlarged group. These appointments also provided the current non-executive directors of KAP with the opportunity to consider their future role in the enlarged business. To this end, and, following the completion of the work of the independent board in respect of the acquisition of the Steinhoff Industrial Assets, the following directors have tendered their resignations with effect from the date of this announcement:

*Mr CE Daun;

*Mr F Moller;

*Mr U Schackermann; and

*Mr KE Schmidt.
24-May-2012
(Official Notice)
The company hereby advises that Mr Jacob de Vos (Jaap) du Toit (58) has been appointed as the independent non-executive chairman of KAP. Mr du Toit takes over from Mr Claas Edmund Daun (69) who has decided to step down as chairman after many years. Mr Daun will remain as a non-executive director of the board. This change to the board, as well as the changes announced by KAPon 25 April 2012, follow from the acquisition by KAP of the Steinhoff Industrial Assets with effect from 2 April 2012, resulting in KAP becoming a subsidiary of Steinhoff International Holdings Ltd.



Proposed name change

The board further advises that it intends to change the name of KAP to "KAP Industrial Holdings Ltd" in line with the nature of its major assets. This change of name will be proposed as a special resolution to KAP shareholders at the next annual general meeting.



Company secretary

Shareholders are further advised that Mr Mark Balladon will step down as company secretary of the company and will be succeeded by a juristic person, Steinhoff Africa Secretarial Services (Pty) Ltd., whose directors are competent and suitably qualified to act as company secretary.
25-Apr-2012
(Official Notice)
Shareholders are referred to the announcement on Friday 30 March 2012 in which they were advised that the acquisition by KAP of the Steinhoff Industrial Assets, comprising Unitrans, PG Bison and other raw material businesses ("the acquisition") was approved by the Competition Tribunal of South Africa and that the acquisition had accordingly become unconditional. Following the acquisition and in order to safeguard the on-going efficient and successful management of the enlarged KAP business, the board is pleased to announce that Mr Karel Johan (Jo) Grove has been appointed as an executive director and CEO of the enlarged KAP, with immediate effect.



Mr Grove takes over from Mr Paul Cornelis Thomas Schouten. Mr Schouten will resign as an executive director of KAP simultaneously with the appointment of Mr Grove, but will remain part of the executive committee and will be responsible for the industrial assets that comprised KAP prior to the acquisition.



Changes in non-executive directorate

Following the acquisition, the Unitrans logistics business will represent the majority of the newly constituted KAP group's assets, followed by the PG Bison integrated timber segment. The KAP board, therefore, announced the following appointments to the non-executive directorate, which it believes will add an appropriate and experienced skill set to that of the existing non- executive directorate.

*Mr Christiaan Johannes Hattingh (Chris) van Niekerk, to be appointed as a non- executive board member. The appointment of Mr van Niekerk is based on his wide operational experience in various industrial industries within the African environment, and in particular his intimate knowledge of the African integrated timber industry.

*Mr Andries Benjamin (Ben) la Grange to be appointed as a non-executive board member, and a member of the audit committee. Mr la Grange's broad financial skills and in particular his financial knowledge and experience of the acquired Steinhoff assets will assist the board further in managing the financial affairs of the enlarged group.

30-Mar-2012
(Official Notice)
Shareholders are referred to various announcements released on SENS and published in the press since 18 October 2011 and the circular posted to KAP shareholders dated 17 December 2011 regarding the proposed acquisition by KAP of the Steinhoff industrial assets from Steinhoff Africa Holdings (Pty) Ltd. ("the Acquisition"). Shareholders are hereby advised that the Competition Tribunal of South Africa today, 30 March 2012 issued a merger clearance certificate in terms of the competition Act, unconditionally approving the acquisition. KAP has therefore obtained all regulatory approvals relating to the Acquisition, and the consideration shares will be listed on or about 3 April 2012.
06-Mar-2012
(C)
Revenue from continuing operations for the interim period ended December 2011 increased to R2.4 billion (2010: R2.2 billion), and operating profit from continuing operations decreased to R109.3 million (2010: R113.1 million), while profit attributable to owners of the company climbed to R71.7 million (2010: R58.8 million). Furthermore, headline earnings per share from continuing operations strengthened to 17.1cps (2010: 14.9cps).



Distribution

In line with previous years, the group will not pay an interim distribution.



Prospects

The group will continue to focus on strong cash generation and strict cost control. In addition, the existing industrial assets and brands are well positioned to remain competitive in the current market environment.
18-Jan-2012
(Official Notice)
Shareholders were advised that all the proposed ordinary and special resolutions tabled at the general meeting of KAP held today, 18 January 2012, were unanimously approved by the requisite majority of KAP shareholders.
19-Dec-2011
(Official Notice)
Further to the announcement issued on SENS on 18 October 2011 and in the press on 19 October 2011, KAP shareholders are advised that the company has posted a Circular and Revised Listing Particulars by registered post, dated 9 December 2011 ("the Circular"), to its shareholders in terms of which KAP will, subject to the fulfillment of conditions precedent, acquire from Steinhoff Africa Holdings (Pty) Ltd ("Steinhoff Africa") the entire issued ordinary share capital of and all claims on loan account against Unitrans Holdings Pty Ltd ("Unitrans"), PG Bison Holdings Pty Ltd ("PG Bison"), SHF Raw Materials Proprietary Ltd, Toolplast Holdings Pty Ltd ("Toolplast") and Roadway Transport Pty Ltd ("Roadway") (collectively the "Steinhoff Industrial Assets"), in exchange for KAP shares and the crediting of a loan account in favour of Steinhoff Africa (the "Acquisition").



The General Meeting will be held at the offices of PSG Capital Pty Ltd on the 1st Floor, Ou Kollege, 35 Kerk Street, Stellenbosch, at 10:00 on Monday, 16 January 2012 for the purposes of considering and, if deemed fit, passing with or without modification, the resolutions required to give effect to the Acquisition.
02-Dec-2011
(Official Notice)
Shareholders are hereby advised that, at the annual general meeting of shareholders of KAP held on 2 December 2011 at Steinhoff Whitehouse, 3a Eton Road, Parktown, Johannesburg, all the proposed ordinary and special resolutions, as contained in the notice of annual general meeting which was posted to shareholders together with the Company`s 2011 annual report, were passed by the requisite majority of shareholders present and voting, in person or by proxy.
01-Nov-2011
(Official Notice)
KAP shareholders were advised that the 2011 annual report, containing the audited annual financial statements of KAP for the year ended 30 June 2011 was dispatched to shareholders on 31 October 2011 and contains no modifications to the audited results which were announced on SENS on 6 September 2011. Notice was given that the annual general meeting of shareholders of KAP will be held at the Steinhoff Whitehouse, 3a Eton Road, Parktown, Johannesburg on 2 December 2011 at 12:30 to transact the business set out in the notice of the annual general meeting contained in KAP's 2011 annual report. The date on which shareholders must be recorded as such in the share register of KAP to be eligible to vote at the annual general meeting will be Friday, 25 November 2011, with the last day to trade being Friday, 18 November 2011.
18-Oct-2011
(Official Notice)
07-Sep-2011
(Media Comment)
Business Day highlighted that KAP International Holdings, a diversified industrial company with operations across SA, said the disposal of an under performing business significantly reduced its interest costs in the year to June. The sale saw revenue jump 10% from last year, with operating profit before restructuring costs improving 34% to R266 million. The company says it is now in a position to pursue organic and acquisition growth opportunities adding to its processed meat, milled maize, leather products, footwear, plastic-bottle resin, automotive products and terry-towelling businesses.CEO Paul Schouten said the results are a good reflection of the strategy which has been driven over the last three years.
06-Sep-2011
(C)
Revenue from continuing operations increased to R4.2 billion (R3.8 billion) and operating profit from continuing operations rose to R228.7 million (R202.2 million). Net attributable profit of R131.2 million (R87.4 million) was recorded. In addition, headline earnings per share from continuing operations jumped to 32.7cps (22.7cps).



Dividend

A final dividend of 10cps has been declared out of share premium.



Outlook

The group will continue to focus on strong cash generation and strict cost control. We are confident that our investment in the PET division, coupled with the good competitive positioning of our industrial businesses will continue to support earnings growth in future.
12-Aug-2011
(Official Notice)
KAP advised that a reasonable degree of certainty exists that earnings per share for the year ended 30 June 2011 will be between 29.0 cents and 32.0 cents (2010: 20.6 cents). Headline earnings per share for the year ended 30 June 2011 excluding discontinued operations will be between 30.0 cents and 33.0 cents (2010: 22.7 cents). Headline earnings per share for the year ended 30 June 2011 including discontinued operations will be between 23.0 cents and 26.0 cents (2010: 21.0 cents). The audited results for the year ended 30 June 2011 are expected to be published on or about 6 September 2011.
01-Mar-2011
(C)
Revenue for the interim period ended December 2010 increased to R2.2 billion (2009: R2 billion), and operating profit rose to R107.1 million (2009: R97.9 million), while profit attributable to owners of the company climbed to R58.8 million (2009: R47.9 million). Furthermore, headline earnings per share from continued operations strengthened to 13.9cps (2009: 11.7cps).



Distribution

In line with previous years, the group will not pay an interim distribution.



Outlook

The group continues to focus on cash generation and cost control. The group's past restructuring efforts has placed them in a strong position to capitalise on growth opportunities.
31-Jan-2011
(Official Notice)
KAP advised that a reasonable degree of certainty exists that headline earnings per share and earnings per share for the six months ended 31 December 2010 will be between 13.0 cents and 15.0 cents (2009: 11.0 cents). Earnings per share for the six months ended 31 December 2010 will be between 13.0 cents and 15.0 cents (2009: 11.3 cents). The unaudited results for the six months ended 31 December 2010 are expected to be published on or about 2 March 2011.
08 Dec 2010 14:39:20
(Official Notice)
30 Nov 2010 15:04:30
(Official Notice)
Mr K E Schmidt, currently an independent non-executive director of the company, has been appointed as the chairman of the Audit and Risk Committee of the company, with effect from 26 November 2010. Dr D Konar, who has been chairman of the Audit and Risk Committee since 3 March 2006, has retired and Mr Schmidt has been appointed to succeed him.
26 Nov 2010 15:04:37
(Official Notice)
Shareholders are hereby advised that the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the annual general meeting of the company held on 26 November 2010.
29 Oct 2010 14:15:04
(Official Notice)
KAP shareholders were advised that the 2010 annual report, containing the audited annual financial statements of KAP for the year ended 30 June 2010 was dispatched to shareholders on 28 October 2010 and contains no modifications to the audited results which were announced on SENS on 7 September 2010.



Notice was also given that the annual general meeting of shareholders of KAP will be held at the Steinhoff Whitehouse, 3a Eton Road, Parktown, Johannesburg on 26 November 2010 at 12:30 to transact the business set out in the notice of the annual general meeting contained in KAP's 2010 annual report.
07 Sep 2010 16:06:30
(C)
Revenue from continuing operations increased to R4 billion (R3.8 billion) and operating profit rose to R194.5 million (R132.6 million). The company also staged a profit turnaround, recording a net attributable profit of R87.4 million (loss of R37.3 million). In addition, headline earnings per share from continuing operations jumped to 21.2c (11.4cps).



Dividend

A final dividend of 7cps has been declared out of share premium.



Outlook

The group will continue to focus on strong cash generation and strict cost control. KAP is confident that the investment in the PET division, coupled with continued growth in automotive will provide good returns in future years.
16 Aug 2010 12:02:08
(Official Notice)
KAP advised that a reasonable degree of certainty exists that headline earnings per share for the year ended 30 June 2010 will be between 20 cents and 22 cents (2009: 3,2 cents loss). Earnings per share for the year ended 30 June 2010 will be between 19 cents and 21 cents (2009: 8,8 cents loss). The audited results for the year ended 30 June 2010 are expected to be published on or about 7 September 2010.
14 Jun 2010 15:14:04
(Official Notice)
01 Mar 2010 17:09:32
(C)
Revenue decreased to R2 billion (R2.1 billion). Operating profit increased R97.9 million (R94.4 million). Net attributable profit rose to R47.9 million (R12.8 million). In addition, headline earnings jumped to 11cps (3cps).



Outlook

A gradual improvement in vehicle build coupled with the increased volumes in Hosaf should result in overall revenue growth. The consumer operations should improve in line with consumer sentiment. Responsible cost-cutting across the group has positioned us to benefit once trading conditions improve.
01 Mar 2010 13:25:53
(Official Notice)
KAP International announced the appointment of Messrs Karl Schmidt ("Karl") and Ulrich Schackermann ("Ulrich"), as independent non-executive directors of the KAP International board, with effect from 1 March 2010. Both directors will also be members of the audit and risk committee of the company.
29 Jan 2010 11:30:14
(Official Notice)
KAP advised that a reasonable degree of certainty exists that headline earnings per share for the six months ended 31 December 2009 are expected to increase by 255% to 275% (2008: 3.0 cents). Earnings per share for the six months to 31 December 2009 are expected to increase by 265% to 285% (2008: 3.0 cents). The unaudited interim results for the six months ended 31 December 2009 are expected to be published on or about 1 March 2010.
09 Dec 2009 17:25:31
(Official Notice)
With reference to the KAP directors' dealings announcement released on SENS on 9 December 2009, confirmation is hereby given that clearance to deal in these shares was obtained prior to such dealing in accordance with rule 3.66 of the JSE Ltd Listings Requirements.
30 Nov 2009 11:16:18
(Official Notice)
Shareholders were advised that the requisite majority of shareholders approved all of the ordinary and special resolutions tabled at the annual general meeting of the company held on Friday 27 November 2009. The special resolution will be lodged with the Registrar of Companies for registration in due course.
12 Nov 2009 18:53:52
(Official Notice)
KAP shareholders are advised that the 2009 annual report, containing the audited annual financial statements for the year ended 30 June 2009 was dispatched to shareholders last week and contains no modifications to the audited results which were announced on SENS on 8 September 2009.



Notice is hereby given that the annual general meeting of shareholders of KAP will be held at the Steinhoff Whitehouse, 3a Eton Road, Parktown, Johannesburg on 27 November 2009 at 12:30 to transact the business set out in the notice of the annual general meeting contained in KAP's 2009 annual report.
08 Sep 2009 17:20:04
(C)
The board of directors reports on the results for the year ended 30 June 2009. Operating profit from continuing operations declined by 26% compared to the previous year due largely to difficult trading conditions in the automotive operations. Headline earnings per share (including discontinued operations) decreased from 28,4 cps to a loss of 3,2 cps. Headline earnings per share (excluding discontinued operations) showed a far smaller decline, decreasing to 11,4 cps. Revenue for the year decreased slightly to R4,6 billion due to the effect of the closure of the fresh meat division and a decline in sales in the automotive operation.



Dividends per share

No final dividend was declared for the period under review.



Prospects

The directors remain cautious regarding trading conditions in the new financial year. The restructuring initiatives completed in 2008/9 have enabled all divisions to reduce costs in line with expected lower volumes, and the group will benefit when trading conditions improve. Hosaf is expected to generate additional operating margin from the extra volume produced, and KAP's earnings are expected to be less volatile now that the fresh meat operations have been closed and the automotive leathers division has been sold.
25 Aug 2009 12:19:46
(Official Notice)
KAP advises that a reasonable degree of certainty exists that headline earnings per share excluding discontinued operations for the year to 30 June 2009 will be between 10c and 12c per share (2008: 31.4c). Headline loss per share including discontinued operations will be between 4c and 2c per share (2008: 28.4c profit). Earnings per share excluding discontinued operations will be between 10c and 12c per share (2008: 31.8c profit). Loss per share including discontinued operations will be between 8c and 10c per share (2008: 28.8c profit). The financial information in this trading statement has not been reviewed or reported on by KAP's auditors. The audited results for the year ended 30 June 2009 are expected to be published on or about 8 September 2009. Shareholders are also advised that, further to previous announcements, the destocking of the Bull Brand feedlots has been completed, and the Feltex Automotive Leather operation has been sold.
02 Mar 2009 17:29:17
(C)
Revenue increased by 8%, due to the effect of high commodity prices in Hosaf and Brenner Mills. Operating profit declined by 41% (R45.6 million) as a result of poor margins in the Fresh Meat division of Bull Brand and low demand in the automotive division. Headline earnings per share decreased from 12.3c to 3c per share. Cash generated from operations improved from R82.2 million to R103.0 million.



Capital distribution

Due to the cash requirements imposed by the Hosaf expansion and the prioritisation of reducing debt and gearing, no distribution is proposed at the interim stage.



Outlook

Shareholders are referred to the SENS announcement of 24 February 2009. The group intends to discontinue its operations in the Fresh Meat division of Bull Brand and this will be completed by 31 August 2009. The Hosaf expansion will be completed and fully operational by April 2009. This will double the capacity of the Hosaf plant. Automotive volumes are expected to remain low for the remainder of this calendar year and the group has already had a significant cut in employee numbers in this division. The reduced demand will affect the profitability of this division. Industrial Footwear and Brenner Mills are expected to continue to perform well, while improved cost structures in Jordan and Glodina should enable them to maintain their margins.
24 Feb 2009 10:56:48
(Official Notice)
Shareholders are referred to the SENS announcement published on 12 December 2008 with regards to further strategies to rationalize KAP's operations with a view to improving long-term returns and generating cash. Shareholders are now advised that various alternatives have been explored in relation to the Fresh Meat Division of KAP, which has not been generating satisfactory returns. A decision has now been taken to discontinue this division through the realization of its assets to the best advantage of the company. It is anticipated that a substantial amount of capital will be released which, in turn, should lead to a lower net debt:equity ratio and, hence, a lower financial risk profile. The Bull Brand Cannery, which houses the brands for which Bull Brand is known, will remain unaffected and will continue to generate good returns. In accordance with the 12 December 2008 announcement various other restructuring strategies in respect of the remaining divisions of KAP are continuing to be explored.



KAP hereby advises that a reasonable degree of certainty exists that earnings and headline earnings per share for the six months ended 31 December 2008 will be between 68% and 84% lower than the earnings and headline earnings per share for the comparable period in the previous financial year. Although their impact on the full financial year results to June 2009 is currently not determinable, there may be further costs and/or impairment charges relating to the discontinuance of the Fresh Meat division and the restructuring steps taken in respect of other divisions of KAP. These possible further costs and charges have not been taken into account in the six-month results to December 2008. . The results for the six months ended 31 December 2008 are expected to be published on or about 27 February 2009.
12 Dec 2008 15:48:56
(Official Notice)
Shareholders are advised that the board of KAP has decided not to proceed with the rights issue for the following reasons: the company has significantly improved its working capital management due to reductions in commodity and raw material prices. Hosaf's capacity expansion is expected to be completed by April 2009 and most of the related capital expenditure has already been incurred. The additional production volume is expected to be fully absorbed by the local market, which will result in lower working capital requirements. The company is working on further strategies to rationalise its operations with a view to improving long-term returns and generating cash. The company will comfortably operate within its existing borrowing facilities for the foreseeable future. Shareholders are advised that caution is no longer required to be exercised by shareholders when dealing in their KAP securities.
28 Nov 2008 14:51:32
(Official Notice)
Shareholders are advised that the requisite majority of shareholders approved all ordinary and the special resolution proposed at the annual general meeting held today, 28 November 2008. The special resolution will be lodged with the Registrar of Companies for registration in due course.
12 Nov 2008 09:42:20
(Official Notice)
KAP shareholders are advised that KAP's 2008 annual report, containing the audited annual financial statements for the year ended 30 June 2008, was dispatched to shareholders last week, and contains no modifications to the audited results which were announced on SENS on 8 September 2008. Notice was also given that the annual general meeting of shareholders of KAP will be held at the Steinhoff Whitehouse, 3a Eton Road, Parktown, Johannesburg on 28 November 2008, at 12:30 to transact the business set out in the notice of the annual general meeting, which is contained in KAP's 2008 Annual Report.
08 Sep 2008 17:35:50
(C)
Revenue for 2007/8 increased by 26% from R3.7 billion to R4.6 billion. Operating profit declined to R200.1 million (R239.5 million) and net profit attributable to ordinary shareholders decreased to R122.3 million (R153.5 million). In addition, headline earnings per share decreased from 35.5 cents to 28.4 cents.



Distribution

No distribution was made.



Outlook

KAP's results will be impacted by higher input costs. In the 2008/9 year, the automotive operations are expected to improve on their 2007/8 performance. The Hosaf expansion will result in a significant boost to the operating profit of the group in the 2009/10 year.
17 Jun 2008 16:04:33
(Official Notice)
KAP hereby advises that a reasonable degree of certainty exists that, for the year ended 30 June 2008, headline earnings per share and earnings per share will be between 20% and 25% lower than that for the previous corresponding period. Shareholders are advised that the aforesaid includes that fact that the company is in the process of finalising an agreement with SARS on an outstanding tax query, which is expected to result in a very low tax rate for the financial period under review. The results for the year ended 30 June 2008 are expected to be published on or about 5 September 2008.
04 Mar 2008 17:11:16
(C)
Operating profit reduced by 29% from the prior period due to the effects of the strike in the automotive division, and headline earnings per share decreased from 23.5c to 12.3c. Revenue for the period increased by 28% due largely to the inclusion of Brenner Mills. The interest-bearing debt-to-equity ratio at the end of the reporting period remained stable at 43%. Capital expenditure of R53.2 million was incurred during the period, R10.7 million of which was incurred in Hosaf in respect of the capacity expansion, and R18.2 million of which was in the automotive division for the roll-out of the new vehicle models.



Outlook

Demand for products in the consumer segment is likely to slow in the short term, but a sustained weaker exchange rate will have a positive effect on results of the manufacturing operations.
15 Feb 2008 15:17:25
(Official Notice)
The company hereby advises that, for the six months ended 31 December 2007, it is expected that headline earnings per share will be between 12 and 15cps (compared to the restated headline earnings per share of 23.5c for the same period in 2006 and 10.9c for the six months ended 30 June 2007). Earnings per share will be between 12cps and 15cps (compared to the restated earnings per share of 24.0c for the same period in 2006 and 11.0c for the six months ended 30 June 2007). The difference is largely due to lower initial volumes following the launch of two new vehicle models and a two week strike in the automotive component sector resulting in a shift of volumes from the first half to the second half of the financial year. The information in this trading statement has not been reviewed or reported on by the company's auditors.
31 Jul 2006 17:07:32
(Official Notice)
A reasonable degree of certainty exists that earnings and headline earnings per share for the six months ended 30 June 2006 will exceed the comparable earnings and headline earnings per share for the six months ended 30 June 2005 by between 25% and 30%. The results for the six months ended 30 June 2006 are expected to be published on or about 11 September 2006. Shareholders are further advised that KAP has changed its financial year end from December to June with immediate effect in order to synchronize with a significant shareholder and to facilitate administration. Unaudited interim results will therefore be released for June 2006 and December 2006. The next set of audited financial results will be for the 18 month period from January 2006 to June 2007.
26 Jun 2006 14:24:20
(Official Notice)
KAP has acquired Caravelle Automotive Holdings (Pty) Ltd - a producer of loose lay carpet mats for the local automotive market. The purchase price will be settled through a combination of cash and KAP shares, thereby encouraging the retention of Caravelle's management who are an integral part of the future plans for the business.
24 May 2006 16:33:44
(Official Notice)
Shareholders are advised that the special resolution, which was approved at the annual general meeting held on 16 May 2006, has been registered by the Registrar of Companies. This resolution amended the articles of association of KAP to allow it to, inter alia, make a capital distribution to shareholders. Following the registration of this resolution, the capital distribution of 12c per share, which was also approved at the annual general meeting, is payable on Monday, 12 June 2006 to shareholders recorded in the register at the close of business on Friday, 9 June 2006.
16 May 2006 16:13:01
(Official Notice)
The requisite majority of shareholders approved all ordinary and special resolutions proposed at the annual general meeting held on 16 May 2006. The special resolution has been lodged with the Registrar of Companies for registration.
24 Apr 2006 08:57:15
(Official Notice)
No change statement

Further to the publication of the detailed results announcement on SENS on 10 March 2006 of KAP's audited results for the year ended 31 December 2005, KAP advises that its 2005 annual report, which incorporates the audited annual financial statements for the period, is being dispatched to shareholders on 24 April 06, and contains no changes from the SENS announcement.



Notice of annual general meeting

The annual general meeting of shareholders of KAP will be held at the Steinhoff Whitehouse, 3a Eton Road, Parktown, Johannesburg on 16 May 2006 at 13h00 to transact the business set out in the notice of the annual general meeting, which is contained in KAP's 2005 annual report.
10 Mar 2006 16:38:58
(C)
Revenue increased from R1.9 billion to R3 billion, largely as a result of a full year's trading for the operations acquired on 1 July 2004. Headline earnings per share increased by 36% to 46.1c compared to restated headline earnings per share. The directors have declared, subject to the required shareholders' approvals, a capital distribution of 12c per share, payable on Monday, 12 June 2006.



The balance sheet of the group remains strong, with an interest-bearing debt to equity ratio of 22% (20.7%) and an interest cover of 11.7 times (13.3 times).



R165.2m was spent on property, plant and equipment which included R44.1m to acquire the properties occupied by the Feltex manufacturing operations, resulting in a significant decrease in operating lease commitments. A net working capital investment of R85.5m included R32.9m to increase the standing herd at Bull Brand in order to achieve economies of scale. The apportionment of a pension fund surplus was authorised by the FSB during the year. The total surplus amounted to R70.4m before taxation, of which R19.8m was utilised to settle a portion of the post-retirement medical benefits liability. The balance of the surplus will be used as a contribution holiday with future cash benefits of R5.6m per annum.



Prospects

The automotive division and Hosaf Fibres are in high-growth industries. Growth in the automotive division is expected to be realised through increased vehicle build in South Africa. The PET industry has experienced growth rates of 8%-10% over the last three years, and it is expected that the national and international markets will continue to grow by more than 7% and 10% respectively per annum. KAP's strong brands in the consumer segment are well positioned to benefit from the continued economic growth, strong consumer demand and buoyant retail sector prevalent in South Africa. The group is thus favourably placed for further growth in 2006.
10 Feb 2006 08:27:10
(Official Notice)
Kap announced that the group had a reasonable degree of certainty that headline earnings per share for year ended 31 December 2005 would exceed the comparable headline earnings (as restated for IFRS) of 38.3cps for the year ended 31 December 2004 by between 20% and 30%. A portion of the headline earnings for the year was generated by a pension fund surplus apportionment, which is not of a recurring nature. The results for the year ended 31 December 2005 are expected to be published on or about 10 March 2006.
25 Nov 2005 10:17:06
(Official Notice)
DM (Danie) van der Merwe has been appointed as a non-executive director of KAP with immediate effect. Mr van der Merwe is an executive director of Steinhoff International Holdings Ltd and the Managing Director of Steinhoff Africa. Mr JHN (Jan) van der Merwe, the Chief Financial Officer of Steinhoff International Holdings Ltd, has been appointed to the KAP audit committee. Mr JP (John) Haveman has been appointed as an executive director of KAP with immediate effect. Mr Haveman is the Chief Financial Officer of KAP. He has also been appointed to the audit committee of KAP. Shareholders are further advised that Mr PCT Schouten is to relinquish his other responsibilities within the broader Daun - Cie group to focus his attention solely on KAP.
23 Sep 2005 16:27:14
(Official Notice)
Rob Radford has resigned from the KAP board with effect from 22 September 2005 and will be leaving the employ of the group at the end of November 2005.
15 Sep 2005 16:32:12
(C)
The group reported a 61% increase in headline earnings per share to 13.5c. The adoption of IFRS has resulted in the prior year headline earnings per share of 8c being restated to 8.4c. Businesses acquired with effect from 1 July 2004 added R965m to revenue and R52m to operating profit. Revenue rose to R1 416m (R427.1m) and operating profit increased to R77m (R19.3m). A net profit of R59m (R17m) was declared for the period.



Prospects

Volume growth in vehicle manufacture in South Africa, together with strong retail demand and low interest rates, bode well for earnings growth of the group. Shareholders are reminded that KAP`s peak profit generation is in the second half of the year due to the cyclical nature of the business.
25 Jul 2005 14:49:23
(Official Notice)
Shareholders are advised that Feltex Holdings (Pty) Ltd, a wholly-owned subsidiary of KAP, has reached agreement on 25 July 2005 to acquire various industrial properties from Courthiel Holdings (Pty) Ltd and Conrapp Properties (Pty) Ltd for a total consideration of R55.1m. Shareholders are further advised that Kolosus Investments (Pty) Ltd, also a wholly-owned subsidiary of KAP, has reached an agreement on 25 July 2005 to sell an industrial property to African Hide Trading (Pty) Ltd for a total consideration of R5.5m. The effective date of the transactions will be the date of transfer of the properties and the consideration is payable in cash. There are no unfulfilled conditions precedent relating to the transactions. The pro forma financial effects on KAP of the property transactions are not significant (below 3%) and are therefore not provided.
19 Jul 2005 10:28:44
(Official Notice)
KAP advises that a reasonable degree of certainty exists that the headline earnings per share for the six months ended 30 June 2005 will be 60% to 80% above the comparable headline earnings per share for the six months ended 30 June 2004. Shareholders are reminded that various businesses were acquired on 1 July 2004 and the prior period comparable headline earnings therefore reflect the results of KAP in its previous form. This financial information has not been reviewed and reported on by the auditors of KAP. The results for the six months ended 30 June 2005 are expected to be published in the second half of September 2005.
21 Jun 2005 15:59:55
(Official Notice)
Shareholders are advised that the requisite majority of shareholders approved all resolutions proposed at the annual general meeting held on 21 June 2005.
27-May-2005
(Official Notice)
Shareholders are advised that the annual financial statements of KAP for the year ended 31 December 2004 will be dispatched to shareholders on 30 May 2005 and contain no modifications to the audited preliminary results which were announced on SENS on 14 March 2005, other than an allocation error in the segmental report. The segmental operating profit as disclosed in the annual report differs from the preliminary results due to an allocation error between the industrial and consumer division. The effect of the error was to reduce the industrial segment?s operating profit and increase the consumer segment?s operating profit by R10m. The annual report includes a notice of the annual general meeting scheduled to be convened at 08:00 on 21 June 2005 at Feltex Holdings (Pty) Ltd, 291 Paisley Road, Jacobs, Durban.
20 Aug 2004 16:06:02
(Official Notice)
09-Nov-2018
(X)
KAP is a diversified industrial group, operating in southern Africa, with leading industry positions in the wood-based panel, automotive components, bedding, polymers, logistics and passenger transport sectors. The group operates in the below-mentioned segments as follows:

*Diversified industrial segment: comprises an Integrated Timber division, Automotive Components division and Integrated Bedding division.

*Diversified chemical segment: comprises the Chemical division which manufacture polyethylene terephthalate (?PET?), highdensity polyethylene (?HDPE?), polypropylene (?PP?) and ureaformaldehyde (?UF?) resin.

*Diversified logistics segment: comprises a Contractual Logistics division and a Passenger Transport division


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