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18-Oct-2018
(Official Notice)
Lonfin shareholders (?Shareholders?) are advised that, further to the preliminary announcement of unaudited results and the dividend declaration for the year ended 30 June 2018, published on 28 September 2018, (?Unaudited Preliminary Results?), the Company?s 2018 Annual Report and Accounts has been published and posted to Shareholders. The Financial Statements contained in the 2018 Annual Report and Accounts contain no changes to the Unaudited Preliminary Results.



The Company will hold its Annual General Meeting ("AGM") on Tuesday, 4 December 2018 at 11h00 (UK Time) 12h00 (SA Time) at 1 Ely Place, London EC1N 6RY and the Notice of the AGM is included in the 2018 Annual Report and Accounts. Pursuant to Listing Rule 9.6.1, a copy of the 2018 Annual Report and Accounts has been submitted to the National Storage Mechanism and will shortly be available for viewing at www.morningstar.co.uk/uk/nsm



The Unaudited Preliminary Results is also available as follows:

- on the website of City Group PLC, the Company Secretary, at www.city-group.com; and

- by writing to City Group PLC at 6 Middle Street, London EC1A 7JA



28-Sep-2018
(C)
Operating income improved to GBP1.1 million (GBP1.0 million) whilst operating profit grew to GBP306 000 (GBP275 000). Profit attributable to shareholders tumbled to GBP187 000 (GBP1.1 million). In addition, headline earnings per share lowered to GBP0.8pps (GBP1.0pps).



Dividend

The board recommends a final dividend of GBP0.60p per share, making a total of GBP1.15p per ordinary share for the year (2017 ? GBP1.1p). Subject to shareholders' approval at the company's AGM to be held on 4 December 2018, the dividend will be paid on Tuesday, 18 December 2018 to those shareholders on the register at the close of business on Friday, 23 November 2018.



Company outlook

Political and economic uncertainty around the world continues and in particular in the UK given the ongoing negotiations with the EU over the terms for Brexit. There are clearly greater challenges ahead but your Board believes the company's mix of Strategic Investments and the company's General Portfolio of international investments will give us opportunity to outperform the broader market in the medium to long term.



Future Developments

The future development of the Group is dependent on the success of the Group's Investment Strategy in the light of economic and equity market developments and the continued support of its shareholders. A resolution will be put to Shareholders at the forthcoming AGM to amend the company's Investment Policy so that up to 40 investments may be held in the company's General Portfolio at any time. Aside from this change, the board will maintain the current Investment Policy for the foreseeable future and has no plans to make any further changes to the policy.
06-Feb-2018
(C)
Operating income for the year was higher at GBP387 000 (GBP318 000) whilst operating profit grew to GBP114 000 (GBP90 000). Profit attributable to shareholders shot up to GBP563 000 (GBP69 000). In addition, headline earnings per share turned around to GBP0.3p per share (loss of GBP0.9p per share).



Interim dividend

The board recommends an interim gross dividend of GBP0.55p per share (ZAR9.36442 cents) (GBP0.55p) which will be paid on Friday 6th April 2018 to those members registered at the close of business on Friday 16th March 2018 (SA and UK). Shareholders on the South African register will receive their dividend in SA Rand converted from sterling at the closing rate of exchange on Thursday 1st February 2018 being GBP 1 = SA Rand 17.02622.



Company outlook

Although markets have shown resilience and strength over the course of the last year, they are close to an all-time high. The board remains cautious about the potential impact of major geo-political risks. Accordingly, the board expects to see continued volatility in the equity and currency markets. These may have a material impact on the value of our investments.
31-Jan-2018
(Official Notice)
Lonfin announced that Warwick Marshall will be joining the board with immediate effect.
06-Dec-2017
(Official Notice)
Lonfin announced that at its Annual General Meeting, all resolutions put to the Meeting were passed by the required majority.
19-Oct-2017
(Official Notice)
Shareholders are advised that London Finance - Investment Group P.L.C. (LSE: LFI, JSE: LNF), the investment company whose assets primarily consist of Strategic Investments and a General Portfolio, has noted a minor error in the Proxy Form for use in connection with the Annual General Meeting to be held on 5th December 2107 (?AGM?).



Proxy Form correction

In the table in the Proxy Form setting out the resolutions to be voted on at the AGM, whilst the business for the second and third resolutions is correctly stated and tallies with the resolutions set out in the Notice of AGM, the numbering for those two resolutions is incorrect. Accordingly, shareholders should note that the numbering for the second and third resolutions should be ?2. and 3.?and not ?1. and 2.? as stated in the Proxy Form.



The Proxy Form remains valid, with the correction above.
02-Oct-2017
(Official Notice)
Lonfin shareholders (?Shareholders?) are advised that, further to the preliminary announcement of unaudited results and the dividend declaration for the year ended 30 June 2017, published on 28 September 2017, (?Unaudited Preliminary Results?), the Company?s 2017 Annual Report and Accounts has been published and was posted to Shareholders on 29h September 2017. The Financial Statements contained in the 2017 Annual Report - Accounts contain no changes to the Unaudited Preliminary Results.



The Company will hold its Annual General Meeting ("AGM") on 5 December 2017 at 11.00 am at 6 Middle Street, London EC1A 7JA and the Notice of the AGM is included in the Annual Report - Accounts.



Pursuant to Listing Rule 9.6.1, a copy of the 2017 Annual Report and Accounts has been submitted to the National Storage Mechanism and will shortly be available for viewing at www.hemscott.com/nsm.do. The Unaudited Preliminary Results is also available as follows:

*on the website of City Group PLC, the Company Secretary, at www.city-group.com; and

* by writing to City Group PLC at 6 Middle Street, London EC1A 7JA



28-Sep-2017
(C)
Operating income rose to GBP1.0 million (GBP0.9 million) whilst operating profit grew to GBP275 000 (GBP239 000). Profit attributable to shareholders lowered to GBP1.1 million (GBP1.7 million). In addition, headline earnings per share decreased to GBP1.0p per share (GBP1.9p per share).



Directorate change

Michael Robotham, a non-executive director, will be retiring from the board of Lonfin at the company's forthcoming Annual General Meeting (?AGM?) to be held on 5th December 2017.



Dividend

The board recommends a final dividend of GBP0.55p per share, making a total of GBP1.1p per ordinary share for the year (2016 ? GBP1.05p). Subject to shareholders' approval at the company's AGM to be held on 5th December 2017, the dividend will be paid on 15th December 2017 to those shareholders on the register at the close of business on 24th November 2017. Shareholders on the South African register will receive their dividend in South African rand converted from sterling at the closing rate of exchange on 19th September 2017 being GBP1= ZAR 18.0089.



Company outlook

We believe our mix of Strategic Investments and a General Portfolio gives us every chance of outperforming the broader market in the medium to long term notwithstanding any short term volatility in markets, currencies and commodities.
28-Feb-2017
(Official Notice)
The Finance Minister Pravin Gordhan announced on 22 February 2017 during the delivery of the 2017 Budget an increase in the Dividend Withholding Tax from 15% to 20%. The JSE has consulted with the South African Revenue Service and National Treasury and we have been advised that the effective date of the new rate is in respect of all dividends paid on or after 22 February 2017.



Further to the above, and with reference to the company's unaudited interim results for the six months ended 31 December 2016 and dividend declaration, published on SENS on 22 February 2017, shareholders on the South African register are advised to refer to the updated dividend tax information paragraph set out below:



South Africa Register: Dividend tax Information

South African Dividend Withholding Tax, at a rate of 20%, will be withheld from the gross interim dividend of ZAR9.09791 cents to be paid to shareholders on the South African register, unless a shareholder qualifies for an exemption. After Dividend Withholding Tax has been withheld, the net dividend will be ZAR7.27833 cents per ordinary share.



The interim dividend is regarded as a foreign dividend for the purposes of the South African Dividend Withholding Tax.



The company's UK Income Tax reference number is 948/L32120.



For the avoidance of doubt, Dividend Withholding Tax and the information provided above applies only to shareholders on the South African register. Shareholders on the South African register should direct any questions regarding the application of Dividend Withholding Tax to Computershare Investor Services (Pty) Ltd., contact details for which are given below:

Computershare Investor Services (Pty) Ltd.

PO Box 61051, Marshalltown 2107, South Africa

Tel: 0861 100 634; +27 11 870 8216

Email enquiries: web.queries@computershare.co.za



The salient dates and other information provided in respect of the dividend recommendation announced on 22 February 2017 remain unchanged.
20-Feb-2017
(C)
Operating profit grew to GBP2.1 million (GBP1.6 million). Profit attributable to shareholders rose to GBP1.8 million (GBP1.3 million). In addition, headline earnings per share jumped to GBP5.8p per share (GBP4.2p per share).



Interim Dividend

The declared interim dividend is GBP0.55p per share (9.09791 ZAR cents) (2015: GBP0.50p) and will be paid on Friday 7 April 2017 to those members registered at the close of business on Friday 17 March 2017 (SA and UK).



Outlook

The board expect to see a continuation of the volatility in equity and currency markets and remain cautious about the remainder of the year.
01-Dec-2016
(Official Notice)
London Finance - Investment Group P.L.C. (LSE: LFI, JSE: LNF) announces that at its Annual General Meeting held on Wednesday, 30 November 2016 all resolutions put to the Meeting were passed by the required majority



Copies of the resolutions passed at the meeting that do not constitute ordinary business have been submitted to the National Storage Mechanism and will be available for inspection at www.hemscott.com/nsm.do.



23-Nov-2016
(Official Notice)
The board of Lonfin announced the death of Lloyd Marshall, a non-executive director of the company, who passed away on 20 November 2016.
07-Nov-2016
(Official Notice)
The Company announced that the following documents have been submitted to the UK Listing Authority and will shortly be available for inspection via the National Storage Mechanism at www.hemscott.com/nsm.do:

* Annual Report and Accounts for the year ended 30 June 2016 ("the Annual Report and Accounts 2016");

* Notice of Annual General Meeting (included within the Annual Report and Accounts 2016) of the Company to be held at 11.00 am on 30 November 2016 at 6 Middle Street, London EC1A 7JA; and

* Form of Proxy for the 2016 Annual General Meeting (included within the Annual Report and Accounts 2016).
03-Oct-2016
(Official Notice)
Lonfin announced a final dividend payable in respect of its Ordinary Shares. Following the announcement of its unaudited preliminary results for the year ended 30th June 2016, the Board recommends a final dividend of 0.55p per ordinary share, making a total of 1.05p per ordinary share for the year (2015 ? 1p). Subject to shareholders approval at the Company's Annual General Meeting on 30th November 2016, the dividend will be paid on 9th December 2016 to those shareholders on the register at the close of business on 18th November 2016. Shareholders on the Johannesburg register will receive their dividend in South African rand converted from sterling at the closing rate of exchange on 23rd September 2016 being GBP1= ZAR 17.7257.



Dividend dates

* Last date to trade (SA) : Tuesday, 15th November 2016

* Shares trade ex dividend (SA) : Wednesday, 16th November 2016

* Record date (UK and SA) : Friday 18th November 2016

* Pay date : Friday 9th December 2016
03-Oct-2016
(C)
Operating profit for the year soared to GBP1.683 million (2015: GBP334 000). Profit for the financial year attributable to members of the holding company jumped to GBP3.858 million (2015: R1.968 million), while headline earnings per share rose sharply to GBP5.2 pence per share (2015: GBP0.8 pence per share).



Outlook

Lonfin believes their mix of Strategic Investments and a General Portfolio gives them every chance of outperforming the broader market in the medium to long term notwithstanding any short term volatility in markets, currencies and commodities.
14-Apr-2016
(Official Notice)
The company announces that Edward Beale was appointed as a non-executive director of the company on 13 April 2016.



As previously announced on 1 March 2016, Mr Beale was granted options over 80,000 ordinary shares of 5 pence each in the capital of the Company (?Ordinary Shares?) on 29 February 2016 (?Date of Grant?), being an eligible employee under the rules of the London Finance - Investment Group Company Share Option Plan (the ?Plan?) as chief executive of City Group P.L.C. The options have an exercise price of 37.5 pence per Ordinary Share, pursuant to the Plan, based on the average of the middle market quotations for the Ordinary Shares for the three immediately preceding business days. The options shall not normally be exercised earlier than the third anniversary of the Date of Grant and shall normally lapse upon the tenth anniversary of the Date of Grant.



There are no other details that are required to be disclosed in respect of Mr Beale?s appointment under paragraph 9.6.13 of the Listing Rules.



In accordance with Listing Rule 9.6.14 (2), the company further announces that on 13 April 2016 Lloyd Marshall, a non-executive director of the company, was appointed as a non-executive director of Western Selection P.L.C., a company listed on the ISDX Growth Market, which is 44% owned by the Company.





10-Mar-2016
(Official Notice)
Lonfin shareholders (?Shareholders?) are advised that, further to the unaudited interim results and dividend declaration for the six months ended 31 December 2015 published on 23 February 2016 (?Interim Statement?), the Interim Statement is being posted to Shareholders. Pursuant to Listing Rule 9.6.1, a copy of the Interim Statement has been submitted to the National Storage Mechanism and will shortly be available for viewing at www.hemscott.com/nsm.do. The Interim Statement is also available as follows:

- on the website of City Group P.L.C., the Company Secretary, at www.city-group.com; and

- by writing to City Group P.L.C. at 6 Middle Street, London EC1A 7JA
23-Feb-2016
(C)
Operating profit shot up to GBP1.6 million (GBP0.2 million). Profit attributable to members of the holding company sky rocketed to GBP2.7 million (GBP0.8 million). In addition, headline earnings per share came in at GBP5.0p per share (loss of GBP0.2p per share).



Interim dividend

The declared interim dividend is GBP0.50p per share (ZAR 10.73075 cents) (prior year: 0.50p) and will be paid on Friday, 8th April 2016 to those members registered at the close of business on Friday 18th March 2016 (SA and UK). Shareholders on the South African register will receive their dividend in South African Rand converted from sterling at the closing rate of exchange on 22nd February 2016.



Outlook

The Board expect to see a continuation of the volatility in equity and currency markets and remain cautious about the remainder of the year.
02-Dec-2015
(Official Notice)
Lonfin announced that at its Annual General Meeting held on 2 December 2015 all resolutions were passed by the required majority.
02-Nov-2015
(Official Notice)
The company announces that its share register will be administered by Neville Registrars Ltd with effect from 2 November 2015. From this date, correspondence from shareholders should be sent to: Neville Registrars Ltd, Neville House, 18 Laurel Lane, Halesowen, West Midlands B63 3DA. General shareholder queries can also be sent to: info@nevilleregistrars.co.uk



All existing share certificates for shareholdings in the company will remain valid. The company?s South African branch register will continue to be administered by Computershare Investor Services (Pty.) Ltd.
29-Oct-2015
(Official Notice)
The Company announces that, in accordance with Listing Rule 9.6.1., the following documents have been submitted to the UK Listing Authority and will shortly be available for inspection via the National Storage Mechanism at www.hemscott.com/nsm.do:

* Annual Report and Accounts for the year ended 30th June 2015 (?the Annual Report and Accounts 2015?);

* Notice of Annual General Meeting (included within the Annual Report and Accounts 2015) of the Company to be held at 10am on 2nd December 2015 at 6 Middle Street, London EC1A 7JA; and

* Form of Proxy for the 2015 Annual General Meeting (included within the Annual Report and Accounts 2015).



The above documents are being posted to shareholders today. The Annual Report and Accounts 2015 and Notice of Annual General Meeting are also available on the website of City Group P.L.C., the Company Secretary, at www.city-group.com.



The Company's financial statements and information on important events that have occurred during the financial year and their impact on the financial statements were included in the Company?s preliminary announcement released on 30th September 2015. That information, together with the information set out below, extracted from the Annual Report and Accounts 2015, constitutes the material required by Disclosure and Transparency Rule 6.3.5. which is to be communicated to the media in full unedited text through a Regulatory Information Service. This announcement is not a substitute for reading the full Annual Report and Accounts 2015. Page and note references in the text below refer to page numbers in the Annual Report and Accounts 2015.
30-Sep-2015
(C)
Operating profit for the year was higher at GBP334 000 (2014: GBP234 000), profit for the financial year attributable to members of the holding company soared to GBP1.968 million (2014: loss of GBP43 000), while headline profit per share was GBP0.8 pence per share (2014: GBP0.7 pence per share).



Dividend

The Board recommend a final dividend of 0.5 pence per share, making a total of 1 pence per share for the year (2014: 0.9 pence per share). Subject to shareholders' approval at the Company's Annual General Meeting on 2nd December 2015, the dividend will be paid on 11th December 2015 to those shareholders on the register at the close of business on 20th November 2015. Shareholders on the South African register will receive their dividend in South African rand converted from sterling at the closing rate of exchange on 29th September 2015 being GBP1= ZAR21.1213.



Outlook

Lonfin believe their mix of Strategic Investments and a General Portfolio gives them every chance of outperforming the broader market in the medium to long term notwithstanding any short term volatility in markets, currencies and commodities.
19-Mar-2015
(Official Notice)
Lonfin shareholders (?shareholders?) are advised that, further to the unaudited interim results and dividend declaration for the six months ended 31 December 2014 published on 27 February 2015 (?Interim Statement?), the Interim Statement has now been posted to shareholders.



Pursuant to Listing Rule 9.6.1, a copy of the Interim Statement has been submitted to the National Storage Mechanism and will shortly be available for viewing at www.hemscott.com/nsm.do. The Interim Statement is also available as follows:

* on the website of City Group P.L.C., the Company Secretary, at www.city-group.com; and

* by writing to City Group P.L.C. at 6 Middle Street, London EC1A 7JA
27-Feb-2015
(C)
Operating income decreased to GBP329 000 (GBP419 000). Operating profit lowered to GBP155 000 (GBP181 000). Profit attributable to members rose to GBP810 000 (GBP355 000). In addition, headline loss per share came in at GBP0.2p per share (earnings of GBP0.5p per share).



Dividend

The board has declared an interim dividend of GBP0.50p per share (GBP0.45p per share)



Outlook

Despite only modest improvements in global economic conditions, world indices are at record levels. As a result the board remains cautious about the remainder of the year.
02-Dec-2014
(Official Notice)
London Finance - Investment Group P.L.C. (LSE: LFI, JSE: LNF), the investment company whose assets primarily consist of two Strategic Investments and a General Portfolio, held its Annual General Meeting today and is pleased to report that all resolutions were passed by the required majority.
07-Nov-2014
(Official Notice)
This Interim Management Statement is made in accordance with Rule 4.3 of the UK Listing Authority's Disclosure and Transparency Rules and covers the period from 1st July 2014 to 31st October 2014.



Since the financial year ended 30th June 2014, the company's net assets per share, including investments at market value, have increased by 12.1% from 44.7p to 50.1p at 31st October 2014.



There have been no material changes to the company's General Portfolio of equities which currently comprises 28 blue chip stocks in the U.K., Europe and the USA. The value of the General Portfolio decreased by 0.3 % compared to falls in the Eurofirst 300 Index of 1.4% and in the FTSE100 of 2.9%. Over the period the value of the company's Strategic Investments increased by 14%, represented by an increase in the value of Western Selection P.L.C. of 19 % and Finsbury Food Group Plc ("Finsbury") of 10%.



On 29th October 2014, Finsbury announced that its shareholders had approved a placing to raise GBP35 million gross in connection with the acquisition of the Fletchers Group. Lonfin participated in this placing and subscribed for 1 000 000 shares at a cost of approximately GBP590 000 following which we hold 10 000 000 shares in Finsbury representing approximately 7.9% of its issued share capital.



The company will announce its interim results for the six months ending 31 December 2014 during February 2015.
29-Oct-2014
(Official Notice)
Shareholders are advised that Lonfin's Annual Report and Notice of AGM for the year ended 30 June 2014 was posted today, 29 October 2014



A complete set of the Annual Financial Statements is available on the National Storage Mechanism website:

www.morningstar.co.uk/uk/NSM



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Lonfin shareholders will be held at 10:00 a.m. (UK time) on Tuesday, 2 December 2014 at the offices of City Group P.L.C., 6 Middle Street, London, EC1A 7JA to transact the business as stated in the notice of annual general meeting.
30-Sep-2014
(C)
Operating income rose to GBP885 000 (GBP814 000) whilst operating profit was GBP234 000 (GBP204 000). Loss attributable to members amounted to GBP43 000 (profit of GBP4.6 million). In addition, headline profit per share remained constant at GBP0.7pps (GBP0.7pps).



Dividend

The board recommend a final dividend of 0.45pps, making 0.9pps for the year (2013: 0.8pps).



Outlook

Lonfin believe our mix of Strategic Investments and a General Portfolio gives us every chance of outperforming the broader market in the medium to long term. The political tensions in Europe and the Middle East may well create substantial volatility in markets and currencies.



18-Jun-2014
(Official Notice)
The following amendment has been made to the Interim Management Statement announcement released on SENS on 17 June 2014. The Interim Management Statement issued on 17 June 2014 incorrectly stated that net assets per share decreased by 7.9% from GBP46.4p to GBP42.7p at 31 May 2014. The announcement should have read that net assets per share decreased by 0.8% from GBP46.4p to GBP46.02p at 31 May 2014. All other details remained unchanged.
28-Feb-2014
(C)
Operating income rose to GBP512 000 (GBP371 000) and operating profit shot up to GBP181 000 (GBP77 000). Profit attributable to members of the holding company tumbled to GBP355 000 (GBP1.4 million). Furthermore, headline earnings per share increased to GBP0.5p per share (GBP0.1p per share).



Interim Dividend

The declared interim dividend is 0.45p per share (ZAR 8.09708c) (2012 - 0.4p) and will be paid on Friday, 11th April 2014 to those members registered at the close of business on Thursday 20th March 2014 (SA) or Friday 21st March 2014 (UK). Shareholders of the South African register will receive their dividend in South African Rand converted from sterling at the closing rate of exchange on 26th February 2014.



Outlook

Expansionary policies of central bankers of the developed world have been a key driver of share prices and markets in general for quite some time, but the Board remain cautious given the fragile global economic conditions. The volatile start to the calendar year comes as no surprise and we expect investor sentiment to be a lot more erratic during the remainder of the year.
28-Nov-2013
(Official Notice)
Lonfin held its annual general meeting and reported that all resolutions were passed by the required majority.
29-Oct-2013
(Official Notice)
Shareholders are advised that Lonfin's Annual Report for the year ended 30 June 2013 was posted on Monday, 28 October 2013 and contains no modifications to the unaudited preliminary financial results which were published on SENS on 30 September 2013. A complete set of the Annual Financial Statements is also available on the National Storage Mechanism website, www.morningstar.co.uk/uk/NSM



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Lonfin shareholders will be held at 10:00 a.m. (UK time) on 28 November 2013 at City Group P.L.C., 30 City Road, London, EC1Y 2AG to transact the business as stated in the notice of annual general meeting.



Record dates

The notice of annual general meeting has been posted to shareholders of the Company who were recorded as such in the Company's securities register on Friday, 18 October 2013 for South African shareholders and on Monday 21 October 2013 for UK shareholders.



The date on which shareholders of the Company must be recorded as such in the Company's securities register in South Africa in order to attend and vote at the annual general meeting is Friday, 22 November 2013. The last day for South African shareholders to trade in order to be entitled to vote at the annual general meeting is Friday, 15 November 2013. Proxy Forms must be lodged by no later than 10:00 a.m. (UK time) on 26 November 2013.
30-Sep-2013
(C)
Operating income rose to GBP814 000 (GBP602 000) whilst operating profit was GBP204 000 (loss of GBP36 000). Profit attributable to members shot up to GBP4.6 million (GBP869 000). In addition, headline profit per share was GBP0.7pps (GBP6.4pps).



Dividend

The Board recommends a final dividend of GBP0.4pps, making GBP0.8pps for the year (GBP0.7pps).



Outlook

Lonfin believe its mix of Strategic Investments and a General Portfolio gives us every chance of outperforming the broader market in the medium to long term. However, as a board Lonfin does concern itsselves that large scale quantitative easing by central banks is creating a market that is divorced from economic reality.
22-May-2013
(Official Notice)
Since half year end on 31st December 2012, our net assets per share, including investments at market value, have increased by 20% from 35.6p to 42.8p at 30th April 2013. We have continued to expand our General Portfolio of equities and invested GBP336,100 (net) in the period and currently hold 29 blue chip stocks in the U.K., Europe and the USA. Including those new investments, the value of the General Portfolio increased by 18% compared to rises in the Eurofirst 300 index of 6.2% and in the FTSE100 of 8.5%. Our strategic Investments also performed well in the period with the value of Western Selection P.L.C. rising by 10% and Finsbury Food Group Plc (to which we added a further 42,000 shares) rising by 37% following the recent sale of their Free From division. The board remains cautious in its outlook for the remainder of the year.
28-Feb-2013
(C)
Operating profit shot up to GBP77 000 (GBP32 000) whilst profit attributable to members jumped to GBP1.4 million (GBP1.1 million). Furthermore, headline earnings per share rose to GBP0.1pps (GBP0.0pps).



Dividend

The board has declared an interim of GBP0.4pps payable on Friday 12th April 2013.



Outlook

Global stock markets have had a very strong start to the New Year, but the board are cautious given the disconnect between the performance of equities and general economic conditions. However, it is the intention of the board to get fully invested as and when buying opportunities arise.
22-Feb-2013
(Official Notice)
The board of directors of Lonfin advised that its earnings per share for the six months ended 31 December 2012 are expected to be 4.4 pence as compared to 3.6 pence for the previous corresponding period and headline earnings per share are expected to be 0.1 pence as compared to headline earnings of 0.0 pence for the previous corresponding period.



The preliminary announcement of the company's results for the six months ended 31 December 2012 is expected to be released on or before 28 February 2013.
28-Nov-2012
(Official Notice)
London Finance - Investment Group the investment company whose assets primarily consist of two Strategic Investments and a General Portfolio, held its Annual General Meeting today and is pleased to report that all resolutions were passed by the required majority.
22-Oct-2012
(Official Notice)
19-Oct-2012
(Official Notice)
Further to the company's preliminary announcement of results for the year ended 30th June 2012, released on 28 September 2012, the board recommends a final dividend of 0.35p, making 0.7p per share for the year (2011 - 0.6p). Subject to member's approval, which will be sought at the Annual General Meeting to be held on Wednesday, 28 November 2012, the dividend will be paid on 30 November 2012 to those members on the register at the close of business on 9 November 2012. Shareholders on the South African register will receive their dividend in South African rand converted from sterling at the closing rate of exchange on 18 October 2012.



Salient dates for dividend

*Last day to trade (SA) Friday 2 November 2012

*Shares trade ex dividend (SA) Monday 5 November 2012

*Shares trade ex dividend (UK)Wednesday 7 November 2012

*Record date (UK - SA) Friday 9 November 2012

*Pay date Friday 30 November 2012

*Currency conversion date Thursday 18 October 2012



Shareholders are hereby advised that the exchange rate to be used will be GBP 1 = ZAR13.9332.

This has been calculated as the average of the bid/ask spread as at 16h00 (United Kingdom time) being close of business on 18 October 2012. Consequently the dividend of 0.35p will be equal to 4.17996 South African cents.
28-Sep-2012
(C)
An operating loss of GBP36 000 (June 2011: profit of GBP260 000) was made. The profit for the financial year attributable to ordinary shareholders declined to GBP869 000 (June 2011: GBP2.1 million). In addition, headline earnings per share of GBP6.4pps (June 2011: GBP.4pps) was recorded.



Dividend

The company will be recommending a final dividend for the year ended 30th June 2012 of 0.35p and further details will be announced shortly.



Outlook

Lonfin remain concerned that the high national debts of developed countries can only be reduced significantly through prolonged austerity and/or substantial inflation. The group remain invested in large diversified international non-financial companies, which we think are well placed to outperform the market. Lonfin hope that volatility in the financial markets will provide long term investors, such as ourselves, with buying opportunities.







26-Sep-2012
(Official Notice)
The board of directors of London Finance - Investment Group P.L.C. advises that its earnings per share for the year ended 30th June 2012 are expected to decrease by between 40 - 60% and headline earnings per share for the year ended 30 June 2012 are expected to increase by between 1,500%.



Shareholders are advised that the content of this statement and the financial information it is based on has not been reviewed and reported on by the company?s auditors. London Finance - Investment Group P.L.C will release its preliminary results for the year ended 30 th June 2012 on or about 29th September 2012.
18-May-2012
(Official Notice)
Since the 31st December 2011, Lonfin's net assets per share, including investments at market value, increased by 3.8% from 32.7p to 33.93p at 30th April 2012. The company's general portfolio of equities increased in value by 6.4% compared to an increase in the Eurofirst 300 index of 5.0%. The value of Strategic Investments: Western Selection P.L.C., Finsbury Food Group plc and MWB Group Holdings Plc increased marginally in the period with a 10.5% rise in the value of our holding in Western Selection P.L.C. offset by falls in the other two holdings. Following the disposal of the London investment property earlier this year, Lonfin has recently started to invest the sale proceeds in blue chip stocks held in the general portfolio. This will be a gradual process as the aim is to buy the shares at what the board considers to be good value. The board remains cautious about the remainder of the company's financial year given the continuing uncertainty in the Euro-zone.
02-Mar-2012
(Official Notice)
Lonfin made the following correction to its interim results announcement released on SENS on 29 February 2012. Under the results section reference was made to an increase of 21% in the FTSE 100 index when in fact it was a decrease of 6%.
29-Feb-2012
(C)
The company reported a decline in operating profit of GBP32 000 (GBP250 000) and profit attributable to ordinary shareholders of the group decreased to GBP1.1 million (GBP2 million). Headline earnings per share was at GBP0.0pps (GBP0.6pps).



Dividend

The board has declared an interim of 0.35pps payable on Thursday 12th April 2012 to shareholders on the register at the close of business on Friday 23rd March 2012.



Outlook

World stock markets have rebounded considerably over the last six months, however we remain cautious about the outlook for 2012 and have positioned the general portfolio accordingly. It is the intention of the Board to reinvest the proceeds of the sale of our property into our General Portfolio, as and when buying opportunities arise.
28-Feb-2012
(Official Notice)
Companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the period to be reported on next will differ by more than 20% from those of the previous corresponding period. The board of directors of Lonfin advised that its earnings per share for the six months ended 31 December 2011 are expected to be 3.6 pence as compared to 6.4 pence for the previous corresponding period and headline earnings per share are expected to be 0.1 pence as compared to headline earnings of 0.6 pence for the previous corresponding period. The preliminary announcement of the company's results for the six months ended 31st December 2011 are expected to be announced by close of business on 29 February 2012.
09-Feb-2012
(Official Notice)
Reference is made to previous announcements, the circular dated 28 November 2011 and the general meeting held on 21 December 2011 relating to the disposal of the investment property in Rutland Gate, London, SW7. The directors are pleased to announce that the company has recently been advised that formal completion of the sale of the property has now taken place.
29-Nov-2011
(Official Notice)
Further to the announcement made on 4 November 2011, the company announced that it has posted a Class 1 Circular to shareholders (the "circular") on Monday 28 November 2011 seeking shareholder approval for the disposal of the company's property in Rutland Gate, Knightsbridge, London (the "property") for a cash consideration of GBP2.625 million (the "disposal"). A notice of general meeting is set out at the end of the Circular convening a general meeting of the company to be held at 30 City Road, London EC1Y 2AG at 3.30 p.m. on 21 December 2011. The circular is available from the offices of the company and from its website, www.city-group.com. The circular includes the following additional disclosure in relation to the financial effects of the disposal and also clearly sets out the Investment Policy.



Subject to shareholder approval, the expected cash proceeds of the disposal, net of transaction costs and tax will be GBP2 397 000, representing 34.9 per cent. of the company's market capitalisation as at 25 November 2011, the last practicable date prior to the publication of this document. The cash proceeds of the disposal will be held on the company's balance sheet as cash and cash equivalents pending reinvestment in line with the company's investment policy, as set out below. The effect on earnings will be that the company will no longer receive annual rental income from the Property of GBP53 000 per annum; this will be offset to the extent that a return can be made on new investments and the net cash proceeds pending investment.
23-Nov-2011
(Official Notice)
London Finance - Investment Group P.L.C. (LSE: LFI, JSE: LNF), the investment company whose assets primarily consist of three Strategic Investments and a General Portfolio, held its Annual General Meeting today and is pleased to report that all resolutions were passed by the required majority.
15-Nov-2011
(Official Notice)
In the period of four months to 31st October 2011, Lonfin's net assets per share, including investments at market value and the anticipated net sale proceeds of the London investment property, have decreased by 5.1% from 35.0p to 33.2p. Whilst the value of our European investments and the Strategic Investments fell, as did the main European indices, we note that the value of the UK investments in our General Portfolio rose by 2%, compared to a 4% fall in the FTSE 100. The decline in the value of the company's strategic investments: Western Selection P.L.C., and MWB Group Holdings Plc was partially offset by a 15% rise in the value of our holding in Finsbury Food Group plc. As announced on 4th November, it is proposed that the London investment property be sold, subject to approval by shareholders. The circular explaining the proposal and including a notice of an extraordinary general meeting will be posted soon. The board of Lonfin notes with that the continued market turmoil extant throughout the world, but especially in the bond and equity markets of the heavily indebted countries of Europe, the outlook remains unclear.
04-Nov-2011
(Official Notice)
14-Oct-2011
(Official Notice)
Further to the company's preliminary announcement of results for the year ended 30 June 2011, released on 29 September 2011, the Board recommends a final dividend of 0.3p, making 0.6p per share for the year (2010 - 0.6p). Subject to member?s approval, which will be sought at the Annual General Meeting to be held on Wednesday, 23 November 2011, the dividend will be paid on 25 November 2011 to those members on the register at the close of business on 4 November 2011. Shareholders on the South African register will receive their dividend in South African rand converted from sterling at the closing rate of exchange on 13 October 2011.



Salient dates for dividend

*Last day to trade (SA) -- Friday 28 October 2011

*Shares trade ex dividend (SA) -- Monday 31 October 2011

*Shares trade ex dividend (UK) -- Wednesday 2 November 2011

*Record date (UK - SA) -- Friday 4 November 2011

*Pay date -- Friday 25 November 2011

*Currency conversion date -- Thursday 13 October 2011



Shareholders are hereby advised that the exchange rate to be used will be GBP 1 = ZAR12.4690.



This has been calculated as the average of the bid/ask spread as at 16h00 (United Kingdom time) being close of business on 13 October 2011. Consequently the dividend of 0.30p will be equal to 3.7407 South African cents. No dematerialisation or rematerialisation of share certificates, nor transfer of shares between the registers in London and South Africa will take place between Monday, 31 October 2011 and Friday 4 November 2011, both dates inclusive.
29-Sep-2011
(C)
An operating profit of GBP260 000 (June 2010: GBP28 000) was made. The profit for the financial year attributable to ordinary shareholders improved to GBP2.1 million (June 2010: GBP693 000). In addition, a headline earning per share of GBP0.4pps (June 2010: loss of GBP0.3pps) was recorded.



Dividend

The company will be recommending a final dividend for the year ended 30 June 2011 and further details will be announced shortly.



Outlook

The outlook for stock markets remains very uncertain. Lonfin will continue to adopt a cautious stance, with our general portfolio invested in the best European companies.
28-Sep-2011
(Official Notice)
The board of directors of Lonfin advise that its earnings per share for the year ended 30 June 2011 are expected to increase by between 200 - 220% and headline earnings per share for the year ended 30 June 2011 are expected to increase by between 220 - 240%. Lonfin will release its preliminary results for the year ended 30 June 2011 on or about 29 September 2011.
04-Aug-2011
(Official Notice)
Lonfin, a UK investment finance and management company, announces the appointment of Mr Lloyd Hugh Marshall to its board as an additional non-executive director, with effect from 3rd August 2011.
01-Mar-2011
(C)
The company reported an improved operating profit of GBP250 000 (GBP175 000) and profit attributable to ordinary shareholders of the group soared to GBP2 million (GBP943 000). Headline earnings per share rose to GBP0.6pps (GBP0.4pps).



Dividend

The board has declared an interim of 0.30p payable on Friday 15th April 2011 to shareholders on the register at the close of business on Friday 25th March 2011.



Prospects

World stock markets have rebounded considerably over the last six months, however the group remains cautious about the outlook for 2011 and has positioned the general portfolio accordingly. The group will be looking to reduce debt slightly over the next six months, as and when selling opportunities arise.
28-Feb-2011
(Official Notice)
The board of directors of Lonfin advised that its earnings per share for the six months ended 31 December 2010 are expected to increase by between 100 and 120% and headline earnings per share for the six months ended 31 December 2010 are expected to increase by between 40 and 60%. The preliminary announcement of the company's results for the six months ended 31st December 2010 is expected to be announced on 1st March 2011.
10 Nov 2010 15:12:35
(Official Notice)
London Finance - Investment Group P.L.C. (LSE: LFI, JSE: LNF), the investment company whose assets primarily consist of three Strategic Investments and a General Portfolio, held its Annual General Meeting today, 10 November 2010, and is pleased to report that all resolutions were passed by the required majority.



In the period of four months to 31 October 2010, our net assets, including investments at market value, have increased by 21% from 23.3p to 28.3p. This was due to an increase of 29% in the value of our strategic investments: Western Selection P.L.C., Finsbury Food Group plc and MWB Group Holdings Plc and an increase of 10% in the value of our general portfolio. We have recently withdrawn GBP200 000 from our general portfolio and have used that to reduce our debt. It is disappointing that the price of the Company`s shares continues to trade at a significant discount to the net asset value per share. Despite the turbulence extant in the world equity and debt markets the recent improvement in the prospects for investment companies is likely, in the director's opinion, to continue.

29 Oct 2010 14:41:37
(Official Notice)
Lonfin informed shareholders that through the offices of J.M. Finn - Co, Loeb Aron - Company Ltd. ("Leob Aron - Co") purchased 40 000 ordinary shares of Lonfin at 20.5 pence on 28 October 2010. Dr F W A Lucas, who is a director of Lonfin and a shareholder and director of Leob Aron - Co, personally holds 60 000 shares in Lonfin. Following this purchase, Leob Aron - Co's interest in Lonfin will increase to 55 000 shares, making a total of 115 000 shares in which Dr F W A Lucas may be deemed to have an interest.
19 Oct 2010 16:53:02
(Official Notice)
A copy of the company's annual report and accounts for the year ended 30th June 2010 has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do:
28 Sep 2010 13:40:01
(C)
An operating loss of GBP28 000 (June 2009: Loss of GBP143 000) was made. The profit for the financial year attributable to ordinary shareholders improved to GBP693 000 (June 2009: Loss of GBP5 million). In addition, a headline loss of GBP0.30pps (June 2009: GBP0.0pps) was recorded.



Dividend

The declared dividend is 0.30pps, making 0.60pps for the year (2009 - nil).



Outlook

The outlook for stock markets remains very uncertain. Lonfin have seen some rises recently, but are concerned that these may prove to be transitory. Lonfin will continue to adopt a cautious stance, with general portfolio invested in the best European companies.
23 Sep 2010 14:24:50
(Official Notice)
The board of directors of Lonfin advised that its earnings per share for the year ended 30 June 2010 are expected to increase by between 100 - 120% and headline earnings per share for the year ended 30 June 2010 are expected to decrease by 0.3p. As a result of a review of accounting policies regarding the investment in Lonfin's associated company, Western Selection P.L.C., and Lonfin's strategic investments, the comparative figures for 2009 have been restated and the above changes are based on those restated figures. Full details of this will be set out in the annual report and accounts for the year. Lonfin will release its preliminary results for the year ended 30 June 2010 on or about 27 September 2010.
12 Mar 2010 15:11:24
(Official Notice)
Lonfin notified the London Stock Exchange in terms of its rules and regulations that a major shareholder, Philip J Milton - Company Plc, have reduced their holding in Lonfin from 6.76% to 6.67% on 9 March 2010.
24 Feb 2010 10:59:00
(C)
Total income for the period ended 31 December 2009 was GBP501 000 (2008: GBP240 000) . Operating profit for the period was GBP124 000 compared to the loss of GBP192 000 for the same period in 2008 . Profit attributable to members of the holding company was GBP116 000 (2008: GBP232 000 loss) . Headline earnings per share for the period was 0.2 pps (2008: 0.7 pps loss) .



Interim dividend

The interim dividend is 0.30 pps (2008 - 0.55 pps) and will be paid on Thursday, 1 April 2010 to those members registered at the close of business on Friday 12th March 2010. Shareholders on the South African register will receive their dividend in South African rand converted from sterling at the closing rate of exchange on Monday 22nd February 2010. Shareholders were advised that the exchange rate to be used will be GBP1 = ZAR11.9862. Consequently the dividend of 0.30 pps will be equal to 3.59586 South African cents.



Outlook

World stock markets have rebounded considerably over the last six months, however the company remains cautious about the outlook for 2010 and have positioned their general portfolio accordingly. The company will be looking to reduce debt slightly over the next six months, as and when selling opportunities arise.
22 Feb 2010 16:39:27
(Official Notice)
Lonfin accordingly advises that it expects that earnings per share for the six month period ended 31 December 2009 are likely to increase by between 140% and 160% compared with those of the comparative period of last year, and headline earnings per share for the six month period ended 31 December 2009 are likely to increase by between 120% and 140% to those of the comparative period of last year. The preliminary announcement of the company's results for the six months ended 31 December 2009 is expected to be announced on 24 February 2010.
28 Oct 2009 16:47:00
(Official Notice)
Lonfin held its AGM and reported that all resolutions were passed by the required majority.



Interim management statement

In the period of just under four months to 28 October 2008, our net assets, including investments at market value, increased by 26.9% from 21.3p to 27.0p. This was due to an improvement in the value of strategic investments: Western Selection PLC, Finsbury Food Group plc and MWB Group Holdings Plc and an increase in the value of the general portfolio. Lonfin has recently withdrawn GBP200 000 from the general portfolio and intends to use that to reduce debt. It is disappointing that the price of the company's shares continues to trade at a significant discount to the net asset value per share. Despite the turbulence extant in the world equity and debt markets the recent improvement in the prospects for investment companies is likely, in the director's opinion, to continue.
06 Oct 2009 12:03:11
(Official Notice)
The JSE advised that it will be using a headline loss per share figure of GBP2.60p for Lonfin in its statistical calculations eg PE ratio, earnings yield etc. This figure was obtained from the company. This figure represents the year ended 30 June 2009.
30 Sep 2009 16:35:02
(C)
An operating loss of GBP0.3 million (profit of GBP0.3 million) was made. The loss for the financial year attributable to ordinary shareholders improved to GBP0.8 million (loss of GBP1 million). In addition, a headline loss of GBP1.8pps (profit of GBP1pps) was recorded..



Outlook

The outlook for stock markets remains very uncertain. Lonfin will continue to adopt a cautious stance, with a general portfolio invested in the best European companies.
28 Sep 2009 14:02:57
(Official Notice)
The board of directors of London Finance - Investment Group P.L.C. advises that its headline earnings per share for the year ended 30 June 2009 is expected to decrease by approximately 280% on the 1.0p per share reported for the year ended 30 June 2008. London Finance - Investment Group P.L.C will release its preliminary results for the year ended 30 June 2009 on 30 September 2009
18 Feb 2009 10:38:43
(C)
The group incurred a loss before tax for the half year of GBP239 000 compared to a profit of GBP228 000 for the same period last year due to provisions against falls in value of the general portfolio, compared with profits in the previous period. Lonfin reported a headline loss of 0.7p per share. Following the interim dividend last year of 0.55p the board have declared an interim of 0.55p payable on Friday 27 March 2009.



Outlook

Attempts by the public and private sectors at mending the fragile financial system seem to have had little effect to date and it has become clear that both parties underestimated the magnitude of the crisis. With the major Western economies contracting and unemployment on the rise management expect the second half of the financial year to be challenging.
17 Feb 2009 13:00:02
(Official Notice)
Lonfin advises that it expects that earnings per share and headline earnings per share for the six months ended 31 December 2008 are likely to decrease to a loss of 0.7 pence per share compared to earnings of 0.7 pence per share last year. Shareholders are advised that the above information has not been reviewed or reported on by Lonfin's external auditors. The preliminary announcement of the company's results for the six months ended 31 December 2008 is expected to be announced on 18 February 2009
15 Dec 2008 17:54:05
(Official Notice)
Lonfin provided a first quarter report on its performance. In the five months to 30th November 2008, net assets, including investments at market value, fell by 53% from GBP38.7p to GBP18.2p. This was primarily due to continuing declines in the values of two strategic investments: Finsbury Food Group plc ("Finsbury") and MWB Group Holdings Plc ("MWB") whose share prices fell by 67% and 63% respectively in the same period.



Finsbury released a trading statement on 26th November 2008 reporting on the four month period ending 30th October 2008. In that period revenue for the group continued to grow year on year with sales 11% ahead of the corresponding period last year and the Cake, Bread and Free From divisions all reported growth. Finsbury is taking steps to control its overheads and is increasing prices to recover some of the increases in its raw material prices.



MWB continues to grow its three core businesses but has now extended, by two years to 2010, its cash distribution programme so that it can better realise value for its businesses when markets are more receptive. The company remains confident with its strategy and portfolio of investments, and believes that these will drive the growth forward in the medium to longer term. The board intends to maintain the current dividend policy.
08 Oct 2008 12:37:29
(Official Notice)
Lonfin held its annual general meeting on Monday 6 October and is pleased to report that all resolutions were passed.
11 Sep 2008 11:36:51
(C)
The group made a profit before exceptional items of GBP319 000 (2007: GBP1 217 000). The operating income last year was higher due to profits realised on sales of investments, particularly the disposal of one third of the group?s holding in MWB Group Holdings Plc. Fee income received by City Group reduced from last year which was boosted by one-off activities by clients not repeated in the current year. After the group share of an exceptional impairment charge in Western of GBP1 322 000, tax and minority interests, the group loss was GBP1 003 000 (2007: profit GBP489 000) giving a loss per share of GBP0.321p (2007: earnings GBP0.160p). Our net assets per share, after provision for deferred taxation, have decreased 41% to GBP0.39p from GBP0.66p last year, reflecting the reduction in value of the Strategic Investments. These have declined in value by 56% and our General Portfolio by 4% after taking into account additions and disposals of investments.



Dividends

To reflect our progressive dividend policy, the board has decided to propose a final dividend of GBP0.65p. With the maiden interim dividend of GBP0.55p the total for the year is GBP1.20p per share from GBP1.10p last year, an increase of over 9%.



Prospects

Despite very volatile markets around the world the recurring dividend income from the group's high quality portfolio should enable the board to maintain the annual dividend.
10 Sep 2008 13:38:34
(Official Notice)
The board of directors of Lonfin advised that its headline earnings per share for the year ended 30 June 2008 is expected to decrease by between 60% and 80% on the GBP3.97p per share reported for the year ended 30 June 2007. Lonfin will release its preliminary results for the year ended 30 June 2008 on 11 September 2008.
20 Jun 2008 14:01:55
(Official Notice)
In the five months to 31 May 2008, net assets fell by 18% from 56p to 45p. This was primarily due to continuing declines in the values of two of the group's strategic investments: Finsbury Food Group plc ("Finsbury") and Marylebone Warwick Balfour P.L.C.



On 7 April 2008, Finsbury announced an investment of GBP8.9 million in two businesses, Yorkshire Farm Bakeries and A - P Foods, with a combined turnover of GBP8.5 million, primarily in gluten free breads and morning goods. The acquisition also brings the rights to the use of the Livewell brands and Finsbury is now the market leader in the manufacture of gluten free bakery products.



On 7 April 2008 the Company's associate, Western Selection P.L.C., announced an investment of GBP730 000 in support of the MBO/MBI of Tudor Rose International Ltd ("TRI"), a company founded in 1984, which works closely with a number of UK branded fast moving consumer goods companies, offering a complete sales, marketing and logistical service. Based in Stroud, Gloucestershire, TRI has a turnover in excess of GBP15 million and sells into 78 countries worldwide including USA, Spain, Portugal, Italy, Czech Republic, Russia, Turkey, South Africa, Saudi Arabia, UAE, Malaysia, Australia and China. Western Selection now has a 49.5% interest in TRI.



The company is confident with its strategy and portfolio of investments, and believe that these will drive the growth forward in the medium to longer term. The company is currently trading at a 23% discount to its net asset value.
20 Feb 2008 15:18:02
(C)
The group reported a fall in operating income to GBP0.7 million (GBP1.8 million) for the six months to 31 December 2007. Both, operating profit and the profit attributable to ordinary shareholders also declined to GBP0.3 million (GBP1.3 million) and GBP0.2 million (GBP0.8 million), respectively. In addition, headline earnings on a per share basis sunk more than 75% to GBP0.7p per share (GBP3p per share).



Dividend

The recommended interim dividend is 0.55p per share for the six months to 31 December 2007.



Outlook

Over the medium to long term Lonfin expects superior returns from its Strategic Investments in smaller quoted companies. However the company accept that the share prices of these investments could be volatile in the short term. Funding for new strategic investments will not be available until Lonfin has had the opportunity to release funds from it's existing strategic investment in MWB and this will act as a constraint on corporate activity in the short term. Lonfin views the future with some uncertainty due to the world's economic problems in the banking and mortgaging industries, however the company expects the broad spread of it's investments to perform satisfactorily. It is Lonfin's intention, subject to unforeseen circumstances, to maintain the policy of a progressive dividend distribution.
19 Feb 2008 14:51:32
(Official Notice)
Lonfin accordingly advises that it expects that earnings per share for the six months ended 31 December 2007 are likely to decrease to 0.7p per share compared to 2.5p per share last year, and headline earnings per share for the six months ended 31 December 2008 are likely to decrease by between 60% and 40% to those of last year. Shareholders are advised that the above information has not been reviewed or reported on by Lonfin's external auditors. The preliminary announcement of the company's results for the six months ended 31 December 2008 is expected to be announced on 20 February 2008.
27 Feb 2006 10:02:24
(C)
The group made a profit before tax for the half year of GBP85 000 compared with a profit of GBP121 000 last year. Profit after tax and minority interest was GBP101 000 (GBP130 000) giving earnings per share of GBP0.38p (GBP0.50p). An exceptional item recognised of GBP40 000 and included in administration expenses is the cost of the move in July, after more than thirty years, of the administrative offices together with the costs related to the termination of the lease on the previous offices. Net assets per share has increased 36% to GBP50p at 31 December 2005 from GBP44p at 30 June 2005. The groups strategic investments have increased in value by 42% and the general portfolio has increased by 10%.
28 Sep 2005 11:27:22
(Official Notice)
The annual general meeting of the company was held today and all resolutions were passed.
02 Sep 2005 11:05:56
(C)
The group made a profit before tax for the year of GBP202 000 (GBP208 000). Operating profits increased from GBP141 000 to GBP228 000 as a result of higher profits realised on sales of investments and increased dividend income. Profit after tax and minority interest was GBP212 000 (GBP190 000) giving earnings per share of GBPp0.81 (GBPp0.74). The board has decided to increase the dividend for the year to GBPp1.0 per share (GBPp0.9). Net assets per share have increased 23% to GBPp44 (GBPp36) last year.



Prospect

Despite weak consumer demand, the group remains confident in the underlying strength of the U.K.`s equity markets and will utilise the balance of its available facilities both cautiously and `stock specific`. Since Lonfin`s year end, the stock markets have had a good run and, at the time of writing, net asset value has moved up to GBPp51.94 from GBPp44.05 at 30 June 2005. Barring unforeseen circumstances, the group intends to maintain the dividend in the year ahead.
18-Oct-2017
(X)
Lonfin is a United Kingdom investment finance and management company. Its core portfolio centres on quality companies in the FTSE Eurofirst 300 and S-P 500 indices. Additionally, Lonfin holds investments in United Kingdom listed companies where it has Directors in common. Lonfin is also a 43.8% shareholder in Western Selection P.L.C. (Western). Western?s share capital is admitted to trading on the NEX Exchange Growth Market. Lonfin?s shares are quoted in the official lists of the London and Johannesburg stock exchanges.


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