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04-Sep-2018
(Official Notice)
Shareholders are advised that Master Drilling and its subsidiaries have entered into various sale of business agreements (?the Agreement?) with Atlantis Group in respect of the proposed acquisition of the businesses of the Atlantis Group in the various countries in which these operate, subject to the fulfilment of the conditions precedent as set out in paragraph 6 below, (?the Acquisitions?).



The Acquisitions relate to the purchase of the businesses of the Atlantis Group in:

(i) India [raiseboring business];

(ii) Brazil [raiseboring business];

(iii) Zambia [raiseboring business]; and

(iv) South Africa [both a raiseboring business and a mining suppliers and parts manufacturing business].



The Acquisitions are divisible and none of them are dependent on the conclusion of the remaining Acquisitions. The Acquisitions will strengthen Master Drilling?s businesses in each of the above regions and will augment the skills and expertise of the group in these various countries. The Acquisitions should have a positive effect on growth in earnings of Master Drilling, and should reduce capital expenditure budgeted for the financial year. The purchase consideration will be financed principally from internal resources.



The later of 1st September 2018 or the date of fulfilment of the last of the conditions precedent in paragraph below.



The purchase consideration to be paid by Master Drilling for the Business is R107,5 million less the aggregate of the liabilities of the businesses. Payments will be in instalments over 12 months.



The acquisitions are subject to, inter alia, the fulfilment of the following conditions precedent:

*competition commission approval, if required;

*statutory and regulatory approvals in RSA, India, Brazil and Zambia;

*written approval of the shareholders in each of the Atlantis Group companies affected by the sale transaction;

*assignment of the major raisebore contracts (or completion of the share sale in respect of the relevant subsidiaries if Master Drilling resolves to proceed on such alternative basis, as provided for under the agreement);

*written approval of any financiers;

*confirmation by the directors of the Atlantis Group that each company in the Group affected by the transactions herein described are solvent.



Shareholders will be notified once the last of the conditions precedent has been fulfilled.



28-Aug-2018
(C)
Revenue for the interim period increased to USD67.4 million (2017: USD60.5 million), gross profit climbed to USD23.9 million (2017: USD22.8 million), operating profit rose to USD12.9 million (2017: USD12.1 million), profit attributable to owners of the parent decreased to USD9.4 million (2017: USD9.8 million), while headline earnings per share lowered to USD5.9 cents per share (2017: USD6.6 cents per share).



Dividend

The Board resolved not to declare an interim dividend but rather to consider an appropriate dividend at year-end.



Company outlook - prospects

The business remained stable and made good progress over the past six months, notwithstanding a number of headwinds, including currency developments. Having continued to focus on expanding the pipeline and optimising operations geographically, as some of these headwinds subside, we are cautiously optimistic that we will record some improvements during the remainder of the financial year. In particular, the positive developments filtering through from the improvement in the commodity cycle, coupled with weaker emerging market currencies should prove supportive of firmer revenue and lower costs.
08-Jun-2018
(Official Notice)
The information below is provided in compliance with paragraph 3.59(b) of the JSE Ltd. Listings Requirements.



Following the retirement of Jacques de Wet and Johan Botha and the election of Andries Willem Brink and Octavia Matshidiso Matloa as non-executive directors on the board of directors (the ?Board?), as previously announced on SENS, shareholders are advised that with effect from 7 June 2018 the membership of the various Master Drilling board committees has been reconstituted as follows:

*Master Drilling audit committee: Andries Willem Brink (Chairman), Akhter Alli Deshmukh, Shane Trevor Ferguson and Octavia Matshidiso Matloa.

*Master Drilling risk committee: Andries Willem Brink (Chairman), Shane Trevor Ferguson, Hendrik Roux van der Merwe, Octavia Matshidiso Matloa and Eddie George Dixon.

*Master Drilling nominations committee: Hendrik Roux van der Merwe (Chairman), Shane Trevor Ferguson and Andries Willem Brink.

*Master Drilling corporate governance committee: Hendrik Roux van der Merwe (Chairman), Shane Trevor Ferguson and Akhter Alli Deshmukh.

*Master Drilling social, ethics and sustainability committee: Andries Willem Brink (Chairman), Akhter Alli Deshmukh, Shane Trevor Ferguson and Octavia Matshidiso Matloa.

*Master Drilling remuneration committee: Akhter Alli Deshmukh (Chairman), Andries Willem Brink and Shane Trevor Ferguson.
07-Jun-2018
(Official Notice)
Master Drilling shareholders are advised that the results of the business conducted at the annual general meeting held on Thursday, 7 June 2018 at 09h00 at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg, all the resolutions as set out in the Notice of Annual General Meeting were passed with the requisite majority of votes.



The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.
01-Jun-2018
(Official Notice)
Shareholders are referred to the announcement released by Master Drilling on SENS on 12 March 2018 advising shareholders that Master Drilling International Ltd., a subsidiary of Master Drilling, had exercised a call option to acquire the remaining 60% shareholder interests in Bergteamet Raiseboring.



Shareholders are advised that all conditions precedent have been met and that the transaction has become effective.
25-Apr-2018
(Official Notice)
13-Apr-2018
(Official Notice)
Jacques Pierre de Wet (?Jacques?) and Johan Louis Botha (?Johan?) have notified the board of directors (?Board?) that they will retire at the Company?s Annual General Meeting (?AGM?) to be held on Thursday, 7th June 2018.



Jacques was a member of the Board since 2012, and further served as member of the Company?s Social, Ethics and Sustainability Committee, Remuneration Committee, Risk Committee and Nominations Committee. He also chaired the Company?s Audit Committee.



Johan was a member of the Board since 2015, and further served as a member of the Company?s Audit Committee. He also chaired the Company?s Risk Committee and Social, Ethics and Sustainability Committee.
20-Mar-2018
(C)
12-Mar-2018
(Official Notice)
Shareholders are referred to the announcement of 24 November 2015 which advised shareholders that Master Drilling International Ltd. (?MDI?), a subsidiary of Master Drilling, had acquired from Bergteamet AB (?Bergteamet?) a 40% stake in Bergteamet Raiseboring, a major raisebore drilling operator in Scandinavia, for a consideration of Euro 5.0million. In terms of that acquisition MDI had a call option to acquire the remaining 60% shareholders interests in Bergteamet Raiseboring (?the call option?).



Exercise of call option and repurchase consideration

MDI has now exercised the call option and thus acquired the remaining 60% of the shares in and shareholder claims against Bergteamet Raiseboring by any/all of its affiliates or associates for a consideration of approximately 69.8million Swedish Krone, approximately EUR6.9million (?the Acquisition?).



Conditions precedent

The exercise of the call option is subject to the following conditions precedent being fulfilled by no later than 15 March 2018 or such later date as agreed between Bergteamet and MDI:

* to the extent required, approval by the Competition Authorities having jurisdiction over the acquisition on terms and conditions acceptable to MDI;

* information to the labour unions and employee representative of Bergteamet Raiseboring;

* the waiver of any right to cancel or terminate any major contract of Bergteamet Raiseboring in consequence of the change in control of or change in shareholding in Bergteamet Raiseboring;

* the approval by ABSA Bank Ltd. of the acquisition;

* the approval of the acquisition by the bankers and financiers of Bergteamet, and the waiver by them of any rights to accelerate the repayment and/or amend the terms and/or amend the terms and conditions of banking or financial facilities.



The parties shall be entitled, provided same is in writing and signed by all parties:

* to extend the time for fulfilment of any of the conditions precedent;

* to waive the fulfilment of any of the conditions precedent.



Effective date

The effective date of the Acquisition is 1 April 2018.



Shareholders will be notified once the last of the conditions precedent has been fulfilled or waived.
08-Mar-2018
(Official Notice)
Shareholders are advised that the company?s earnings per share (?EPS?) for the year ended 31 December 2017 (?current period?) in ZAR terms are expected to be between 142.60 and 163.60 cents per share compared to the EPS of 210.00 cents per share for the year ended 31 December 2016 (?comparative period?), which is between 32,1% and 22,1% lower than the EPS of the comparative period as reported in ZAR. Headline earnings per share (?HEPS?) for the current period are expected to be between 146.60 and 167.60 cents per share compared to the HEPS of 210.00 cents per share for the comparative period, which is between 30.2% and 20.2% lower than the HEPS for the comparative period as reported in ZAR.



Shareholders are advised that the company?s EPS for the current period in USD terms are expected to be between 10.80 and 12.20 cents per share compared to the EPS of 14.30 cents per share for the comparative period, which is between 24,6% and 14,6% lower than the EPS of the comparative period as reported in USD. HEPS in USD for the current period are expected to be between 11.10 and 12.50 cents per share compared to the HEPS of 14.30 cents per share for the comparative period, which is between 22.5% lower and 12.5% lower than the HEPS for the comparative period.



Master Drilling?s year-end results are expected to be released on SENS on or about Tuesday, 20 March 2018.
18-Jan-2018
(Official Notice)
Master Drilling announced that its new disruptive Mobile Tunnel Boring (?MTB?) solution, to be unveiled at Investing in African Mining Indaba 2018 in Cape Town, will be ready for commissioning in the third quarter of the year.



Master Drilling?s internally conceptualised design and internationally patented MTB technology was developed in response to the growing demand from clients, and the mining industry at large, for a cost effective mechanised tunnelling contract service offering that addresses safety and efficiency challenges on new and existing operations. The new solution may also make it possible for marginal projects to pass feasibility hurdles due to cost and time savings.



Master Drilling?s MTB solution can bore out an excavation of 4.5 and/or 5.5 meters in diameter at a rate that far exceeds conventional tunnel construction methods. The MTB can deliver various infrastructure solutions such as for declines, ramps, haulages and contact tunnels in hard rock with compressive strengths in excess of 300 MPa.



Its modular construction makes it also possible to retrofit to existing operations and major mining companies have expressed interest in deploying Master Drilling?s first MTB once commissioned in the third quarter of 2018.



Master Drilling?s MTB solution will be deployed through a newly established and dedicated division, Master Tunnelling. Master Drilling is also exploring other opportunities in the civil tunnelling industry.
01-Nov-2017
(Official Notice)
Master Drilling, the world leader in the raise bore drilling services industry, announced its expansion into India and Australia, diversifying across two new geographies.



In India, Master Drilling will support Vedanta Ltd., a London Stock Exchange listed, globally diversified natural resources major with interests in zinc, lead, silver, copper, iron ore, aluminium, power and oil - gas. The company will deploy one large raisebore machine to one of Hindustan Zinc?s mines in India at an initial contract value of approximately USD 6 million.



In Australia, a large raisebore machine will be contracted out to an internationally renowned specialist underground mining contractor, on a gold project. The rental contract, the first such agreement which sees Master Drilling supply the machine without manpower, will run for an initial period of one year.



Both contracts relate to underground ventilation works to be completed over the next two years. The Indian contract has the potential to develop India as another expansion hub for the group, while the Australian contract is the first rental agreement where Master Drilling shall supply the raisebore machine and technical support whilst the client takes care of the operations.
24-Oct-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 in terms of section 13G (2) of the Act has been published and is available on the Company?s website at masterdrilling.com.

06-Oct-2017
(Official Notice)
In terms of the provisions of section 45(5)(a) of the Act, and pursuant to a special resolution passed by shareholders authorising the board of directors ("the board") to provide direct or indirect financial assistance to a related and inter-related company or corporation (or any future related or inter related company or corporation), notification is hereby given by the company that the board adopted a resolution in terms of sections 45(3)(b) and 45(4) of the Act, authorising the company to grant financial assistance to an inter-related company.



Shareholders are advised that, the Industrial Development Corporation of South Africa Limited (the ?IDC?) has approved partial funding for the first phase of the Master Drilling Blind Shaft Boring System (the ?BSBS?) development, with roll-out of the project expected to take place in 2019.



The BSBS allows for cost-effective and safe access to the ore bodies at great depths and situated in hard substrate. With the entire operation conducted without the need for blasting, noise or fumes which are no longer a feature of the drilling process, and environmental impact is minimal.



As part of the arrangements envisaged above, which include co-financing by the IDC, the company shall provide proportional funding (the ?financial assistance?) in the amount of R19 840 000.00 (Nineteen Million Eight Hundred and Forty Thousand Rand) to Master Sinkers (Pty) Ltd with registration number 2000/016508/07 (?MS?) presently a wholly owned subsidiary of the company, with the IDC providing a like amount.



In accordance with section 45 of the Act, the board is satisfied and acknowledges that:

* immediately after providing such financial assistance, the company would have satisfied the solvency and liquidity test as provided for in section 4 of the Act; and

* the terms under which such financial assistance would be given are fair and reasonable to the company.



Further opportunities to develop home-grown technologies that support cost-effective, simpler and improved drilling systems are also being explored with the IDC.
12-Sep-2017
(C)
Revenue for the interim period jumped to USD60.5 million (USD53.8 million) whilst gross profit grew to USD22.8 million (R21.8 million). Operating profit lowered to USD12.1 million (USD13.4 million). Profit attributable to owners was higher at USD9.8 million (USD9.4 million). In addition, headline earnings per share increased to USD6.6 cps (USD6.3 cps).



Dividend

The board resolved not to declare an interim dividend but rather to consider an appropriate dividend at year-end.



Company outlook and prospects

Diversification across geographies, commodities, currencies and industries remains a key part of our long-term strategy. We are experiencing strong demand with increased enquiries across the various regions and commodities and expect this to continue.



The IDC has approved the partial funding of the first phase of the BSBS project, and roll-out of the project is expected to take place in 2019. Further opportunities to develop home-grown technologies that support cost-effective, simpler and improved drilling systems are also being explored with the IDC.



Various opportunities in first-world countries such as Australia, Canada and USA are still being investigated.



We will continue to focus on working capital management whilst decreasing project initiation costs. New geographies, clients and technologies require large initial outlays and Master Drilling's robust support approach enables optimal operations and maintenance support that are essential towards building trust with clients.



We expect the utilisation rates of our raise bore rigs to continue at approximately 70% for the remainder of 2017 with an aim to drive rates to mid-70% from 2018 to improve return on investments.



Master Drilling's technology and experience put the company in a strong position to continue to support its clients' drive to improve productivity and efficiencies whilst reducing operational risk.



Our vertically integrated business model supports specialised solutions in design and assembly of rigs, training and engineering support and, ultimately, diverse drilling applications in a diversity of geographical locations and industries. .
20-Jul-2017
(Official Notice)
Master Drilling shareholders are advised that at the annual general meeting held on Thursday, 20 July 2017 at 09h00 at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg, all the resolutions as set out in the Notice of Annual General Meeting, save for the above withdrawal, were passed with the requisite majority of votes.
30-Jun-2017
(Official Notice)
Shareholders are advised as follows:

*Non-executive director, Shane Trevor Ferguson has stepped down as chairman of the Risk Committee with immediate effect but will remain as a member of the Risk Committee; and

*Independent non-executive director, Johan Louis Botha has been appointed as chairman of the Risk Committee with immediate effect.

28-Jun-2017
(Official Notice)
In terms of the provisions of section 45(5)(a) of the Companies Act, 71 of 2008 ("the Act") and pursuant to a special resolution passed by shareholders authorising the board of directors ("the board") to provide direct or indirect financial assistance to a related and inter- related company, shareholders are advised that the board adopted a resolution in terms of sections 45(3)(b) and 45(4) of the Act, authorising the Company to grant financial assistance.



Shareholders are advised that, on or about 24 July 2015, Master Drilling South Africa (Pty) Ltd ("MD SA"), Master Drilling Malta Limited, Master Drilling Peru SAC, Master Drilling Mexico SA de CV and Master Drilling Chile S.A (collectively, the "Borrowers") and the Company entered into a written facility agreement ("Original Facility Agreement") with, inter alia, Absa Bank Limited ("Absa").



The Borrowers, Master Drilling Exploration (Pty) Ltd ("MD Explore"), Master Drilling International Limited (collectively, the "New Borrowers") and the Company have requested, and Absa has agreed, to increase the aggregate amount of the commitment granted in terms of the Original Facility Agreement by making available two term facilities (collectively, the "New Facilities"). Accordingly, the New Borrowers entered into a written amended and restated agreement ("Amended and Restated Facility Agreement"), with, inter alia, Absa, in terms of which the Original Facility Agreement was amended and restated and the New Facilities granted to the New Borrowers.



As a condition to the entry of the Amended and Restated Facility Agreement, MD SA, MD Explore, Drilling Technical Services (Pty) Ltd ("Drill Tech") and the Company were required to enter into various security documents in favour of Absa as security for, inter alia, their obligations under the Amended and Restated Facility Agreement.



Pursuant to section 45 of the Act, the board had satisfied itself and confirms that:

(i) immediately after providing such financial assistance, the Company satisfied the solvency and liquidity test as provided for in section 4 of the Act; and

(ii) the terms under which such financial assistance is given are fair and reasonable to the Company.
21-Jun-2017
(Official Notice)
26-Apr-2017
(Official Notice)
In terms of the provisions of section 45(5)(a) of the Companies Act, 71 of 2008 ("the Act") and pursuant to a special resolution passed by shareholders authorising the board of directors ("the board") to provide direct or indirect financial assistance to a related and inter- related company, shareholders are advised that the board adopted a resolution in terms of sections 45(3)(b) and 45(4) of the Act, authorising the Company to grant financial assistance to its subsidiary, Master Drilling Chile SA (?MD Chile?), in the form of a parent company guarantee in favour of Consortio Z?blin Geovitta SpA (?Z?blin Chuquicamata?) for the due performance by MD Chile of its obligations under a subcontract between Z?blin Chuquicamata and MD Chile. The sub-contract relates to certain raiseboring works to be performed by MD Chile, and has a contract value of approximately USD30 000 000.



As required by section 45 of the Act, the board had satisfied itself and confirms that:

*immediately after providing such financial assistance, the Company satisfied the solvency and liquidity test as provided for in section 4 of the Act; and

*the terms under which such financial assistance is given are fair and reasonable to the Company.

22-Mar-2017
(C)
16-Mar-2017
(Official Notice)
Shareholders are advised that the company?s earnings per share (?EPS?) for the year ended 31 December 2016 (?current period?) in ZAR terms are expected to be between 201.40 and 218.60 cents per share compared to the EPS of 172.00 cents per share for the year ended 31 December 2015 (?comparative period?), which is between 17.1% and 27.1% higher than the EPS of the comparative period as reported in ZAR. Headline earnings per share (?HEPS?) for the current period are expected to be between 201.10 and 218.70 cents per share compared to the HEPS of 175.90 cents per share for the comparative period, which is between 14.3% and 24.3% higher than the HEPS for the comparative period as reported in ZAR.



Shareholders are advised that the company?s EPS for the current period in USD terms are expected to be between 13.60 and 15.00 cents per share compared to the EPS of 13.50 cents per share for the comparative period, which is between 0.9% and 10.9% higher than the EPS of the comparative period as reported in USD. HEPS in USD for the current period are expected to be between 13.60 and 15.00 cents per share compared to the HEPS of 13.80 cents per share for the comparative period, which is between 1.5% lower and 8.5% higher than the HEPS for the comparative period.



Master Drilling?s year-end results are expected to be released on SENS on or about Wednesday, 22 March 2017.
08-Feb-2017
(Media Comment)
According to Business Report, Master Drill announced that its Horizontal Raise Boring technology is set for a wold-wide roll out after the successful trial at Cullinan mine. The company believes this high-end technology increases productivity and offers important safety benefits. Chief Executive, Danie Pretorius said HRB was a South African developed, world-class technology that has the potential to alter the basics of the international mining industry.
03-Nov-2016
(Official Notice)
Shareholders are advised that Christopher Gerald O?Neill (Chris O? Neil) has resigned as an alternate director to Daniel Coenraad Pretorius, Andre Jean van Deventer, and Barend Jacobus Jordaan with effect from 1 November 2016 and the Company wishes to thank Chris O? Neill for his contribution to Master Drilling.
05-Sep-2016
(C)
Revenue for the period fell to USD53.8 million (2015: USD60.3 million). Gross profit lowered to USD21.8 million (2015: USD23.5 million), profit attributable to owners of the parent was slightly higher at USD9.4 million (2015: USD9.3 million), while headline earnings per share remained stable at USD6.3 cents per share (2015: USD6.3 cents per share).



Dividend

The anticipated investment in capital projects require the reservation of resources to fund our strategic expansion. Based on this, and taking into account continuing uncertain economic conditions globally, particularly for the mining industry, the Board resolved not to declare a dividend in respect of this reporting period.



Outlook

We are experiencing a change in the market with increased enquiries and project evaluations taking place. Diversification across countries, commodities, industries and currencies remains the foundation of our business. We have achieved strategic expansion of our footprint in Africa and the project in the USA, the first step for the blind shaft boring development, becomes operational during the second half of this year.



We have invested in and extended our team to support the growth of our business and have allocated resources to the Bergteamet Europe AB office with the anticipated exercising of our option to buy out the remaining 60% shareholding.



Cash resources continue to be stringently managed to cater for emerging opportunities that require specific design, planning and investment. Continuous improvement in our technology and methods remains the cornerstone in providing our clients with the one-stop solution that they require to stay ahead in their market. Mechanisation, the key issue our mining clients are facing, supports our focus as our business is already well positioned for this with the technologically advanced methods we use.



Comprehensive training plans were established to increase the skill level of key employees in the group.
23-Aug-2016
(Official Notice)
Shareholders are advised that the Company?s earnings per share (?EPS?) for the six month period ended 30 June 2016 (?current period?) in ZAR terms are expected to be between 93.70 and 101.10 cents per share compared to the EPS of 74.80 cents per share for the six month period ended 30 June 2015 (?comparative period?), which is between 25% and 35% higher than the EPS of the comparative period. Headline earnings per share (?HEPS?) for the current period are expected to be between 93.90 and 101.40 cents per share compared to the HEPS of 75 cents per share for the comparative period, which is between 25% and 35% higher than the HEPS for the comparative period.



Shareholders are advised that the Company?s EPS for the current period in USD terms are expected to be between 6.00 and 6.60 cents per share compared to the EPS of 6.30 cents per share for the comparative period, which is between 5% lower and 5% higher than the EPS of the comparative period. HEPS for the current period are expected to be between 6.00 and 6.60 cents per share compared to the HEPS of 6.30 cents per share for the comparative period, which is between 5% lower and 5% higher than the HEPS for the comparative period.



Master Drilling?s interim results are expected to be released on SENS on or about 6 September 2016.
21-Jul-2016
(Official Notice)
Master Drilling shareholders are advised of the results of the business conducted at the annual general meeting held on Thursday, 21 July 2016 at 09h00 at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg.



Accordingly, all the resolutions as set out in the notice of annual general meeting were passed with the requisite majority of votes.



The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.







17-May-2016
(Official Notice)
Master Drilling shareholders are referred to the SENS announcement released and Notice of Annual General Meeting posted on 31 March 2016, and are advised that the last day to trade for the purposes of participating in and voting at the Annual General Meeting (in order to be registered in the company?s register of shareholders on Friday, 15 July 2016), shall be the close of business on Tuesday, 12 July 2016, and not Friday, 8 July 2016 as previously announced.



The above amendment is as result of the implementation of the T+3 settlement cycle, which is due to go-live on 11 July 2016.
05-Apr-2016
(Media Comment)
According to Business Day Master Drilling has set its sights on Europe and Turkey as a platform to launch into the Middle East. This forms part of its search for geographical diversity and opportunities to reduce its exposure to commodities. Master Drilling is buying Sweden-based Bergteamet Raiseboring Europe, the world's fifth largest drilling company, and will use the purchase to leapfrog into European and Middle Eastern jurisdictions in its pursuit of geographical diversity.
31-Mar-2016
(Official Notice)
Master Drilling shareholders are advised that the Integrated Annual Report of the Company for the year ended 31 December 2015 (?Integrated Annual Report?), which incorporates the audited summarised consolidated annual financial statements and the notice of the Annual General Meeting, will be distributed to Master Drilling shareholders on 31 March 2016. The Integrated Annual Report and the full set of the audited Group annual financial statements are also available on the Company?s website (www.masterdrilling.com). The audited summarised consolidated annual financial statements contain no changes from the abridged audited consolidated annual results for the year ended 31 December 2015 released on the Stock Exchange News Service of the JSE Ltd. on 31 March 2016. The annual financial statements are audited by Grant Thornton whose unqualified audit report is contained in the Integrated Annual Report and is also available on www.masterdrilling.com.



Notice of Annual General Meeting

Notice is hereby given that the Fourth Annual General Meeting of Master Drilling will be held (subject to any adjournment, postponement or cancellation thereof) at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg on Thursday, 21 July 2016 at 09h00, to transact the business as stated in the Annual General Meeting notice contained in the Integrated Report.



Record dates, voting and proxies

The Board of Directors of the Company (?Board?) has determined, in accordance with sections 59(1) (a) and (b) of the Companies Act, that:

- the record date for the purposes of participating in and voting at the Annual General Meeting (being the date on which a shareholder must be registered in the Company?s register of shareholders in order to participate in and vote at the Annual General Meeting), shall be the close of business on Friday, 15 July 2016 (Voting Record Date);

- the last day to trade for purposes of participating in and voting at the Annual General Meeting shall be the close of business on Friday, 8 July 2016 and;

- the date by which forms of proxy for the Annual General Meeting should be lodged for administrative purposes shall be 09h30 on Tuesday, 19 July 2016.
31-Mar-2016
(C)
Revenue for the year lowered to USD119.9 million (2014: R132 million). Gross profit increased to R47.9 million (2014: R43.8 million), operating profit rose to R29.6 million (2014: R26.6 million), while profit attributable to owners of the parent was higher at R20 million (2014: R16.9 million). Furthermore, headline earnings per share grew to 13.8 cents per share (2014: 12.1 cents per share).



Dividend declared

No dividends were declared or paid by Master Drilling since the Company's incorporation.



Dividend policy

It remains the Board's intent that during the Group's initial steep growth phase, in which the Company still finds itself, its cash resources will be used primarily for investment in the development of the Group's assets. Following this phase, it is the current intention of the Company to declare and to pay dividends after each six-month reporting period, maintaining a dividend cover ratio of between four to five times annual headline earnings.



However, there can be no assurance that a dividend will be paid in respect of any specific financial period, and the declaration and payment by the Company of any dividends will depend on the results of the Group's operations, its financial position, anticipated cash requirements, prospects, profits available for distribution, and other factors deemed to be relevant at the time.



Any dividend unclaimed after a period of three years from the date on which the same has been declared to be payable shall be forfeited and revert to the Company. There are no arrangements under which future dividends are waived or agreed to be waived.



AGM notice

The annual general meeting of Master Drilling will be held at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Ilovo, Johannesburg, on Thursday, 21 July 2016 at 09h00.
24-Mar-2016
(Official Notice)
Shareholders are advised that the company?s earnings per share (?EPS?) for the year ended 31 December 2015 (?current period?) in ZAR terms are expected to be between 165.80 and 178.20 cents per share compared to the EPS of 123.70 cents per share for the year ended 31 December 2014 (?comparative period?), which is between 34% and 44% higher than the EPS of the comparative period as reported in ZAR. Headline earnings per share (?HEPS?) for the current period are expected to be between 170.80 and 184.00 cents per share compared to the HEPS of 131.50 cents per share for the comparative period, which is between 30% and 40% higher than the HEPS for the comparative period as reported in ZAR.



Shareholders are advised that the company?s EPS for the current period in USD terms are expected to be between 12.90 and 14.10 cents per share compared to the EPS of 11.40 cents per share for the comparative period, which is between 13% and 23% higher than the EPS of the comparative period as reported in USD. HEPS for the current period are expected to be between 13.30 and 14.50 cents per share compared to the HEPS of 12.10 cents per share for the comparative period, which is between 10% and 20% higher than the HEPS for the comparative period as reported in USD.



The financial information on which this trading statement is based has not been reviewed or reported upon by the company?s auditors. Master Drilling?s year-end results are expected to be released on SENS on or about Thursday, 31 March 2016.



22-Jan-2016
(Media Comment)
Business Day reported that Master Drilling will in the next month unveil a new drilling machine concept that promises to revolutionise the mining sector by sinking shafts up to 2km deep in a fraction of the time it takes to do by hand and with explosives. CEO Danie Pretorius indicated that dozens of ore bodies were unable to be exploited because of the cost and time of conventionally sinking a shaft. The new drill could do the work in half or a third of the time. The machine would cost more that R500 million to develop, build and commission. Master Drilling are considering various funding options.
02-Dec-2015
(Official Notice)
Master Drilling shareholders are advised that Investec Bank Ltd. (acting through its Corporate and Investment Banking Division) has been appointed as the Company?s Sponsor with effect from 1 January 2016.
27-Nov-2015
(Official Notice)
The Board of Master Drilling announced that Mr Theophilus Timotheus De Wet will step down as Company Secretary with effect from 30 November 2015. The Board has appointed Mr Andrew Colin Beaven as Company Secretary to Master Drilling, with effect from 1 December 2015. Mr Beaven is a practising attorney and partner at Beaven Attorneys.
24-Nov-2015
(Official Notice)
Further the cautionary announcement dated 19 November 2015, the Master Drilling Board is pleased to advise shareholders that its subsidiary, Master Drilling International Ltd. (?MDI?), has concluded an agreement to acquire 40% of the issued share capital of Bergteamet Raiseboring Europ AB (?Bergteamet Raiseboring?) from Bergteamet AB (?Bergteamet?), with effect from 1 December 2015 for a consideration of Euro 5.0million (?the Acquisition?). Bergteamet was formed more than a decade ago and Bergteamet Raiseboring presently owns a fleet of 18 raisebore drilling rigs. Ranked in the top 5 globally, it is one of the major raisebore drilling operators in Scandinavia, with a dominant market share in Sweden, Norway and Finland. More recently, it entered the wider European market. It secured a contract in Ireland, has tendered on certain work in Portugal and Spain and actively markets its services in other European countries.



Whilst growth in Master Drilling has to date been organic in nature, the Company considers an acquisition as a more effective way of entering the Scandinavian region. The Acquisition will further provide the platform for Master Drilling to expand operations in the European markets. The Acquisition is subject to warranties that are normal for a transaction of this nature. Master Drilling has the ability to increase its shareholding in Bergteamet Raiseboring over time in accordance with a pre-determined formula. The Acquisition will be financed from internal resources. The Acquisition is not a categorised of transaction in terms of the Listings Requirements of the JSE. Nevertheless, given the strategic importance of this transaction, the directors of Master Drilling deemed it appropriate to inform shareholders thereof. Shareholders no longer need to exercise caution when dealing in their Master Drilling shares.
19-Nov-2015
(Official Notice)
Shareholders are advised that Master Drilling has entered into an acquisition agreement which may be price sensitive.



Although a compulsory announcement is not required, the salient terms of the transaction will be announced within the next 7 (seven) business days after the approval of the counterparty has been obtained. Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities until a further announcement is made.
13-Nov-2015
(Official Notice)
The board is pleased to announce: The appointment of Mr Johan Louis Botha (Botha) as an independent non-executive director to the Master Drilling Board with effect from 12 November 2015.



Shareholders are further advised that simultaneously with Botha?s appointment to the board, he has also been appointed to the following Master Drilling Board Committees:

*Member of the Master Drilling Audit Committee;

*Member of the Master Drilling Risk Committee; and

*Member and Chairman of the Master Drilling Social and Ethics Committee.



Following the appointment of Botha to the board, the Master Drilling Board has resolved to reconstitute the membership of its various board committees as follows:

*Master Drilling Audit Committee: Jacques Pierre de Wet (Chairman), Akhter Alli Deshmukh, Shane Trevor Ferguson and Johan Louis Botha.



*Master Drilling Risk Committee: Shane Trevor Ferguson (Chairman), Jacques Pierre de Wet, Hendrik Roux van der Merwe, Johan Louis Botha, Christopher Gerald O? Neill and Fred George Dixon.



*Master Drilling Nominations Committee: Hendrik Roux van der Merwe (Chairman), Shane Trevor Ferguson and Jacques Pierre de Wet.



*Master Drilling Corporate Governance Committee: Hendrik Roux van der Merwe (Chairman), Shane Trevor Ferguson and Akhter Alli Deshmukh.



*Master Drilling Social and Ethics Committee: Johan Louis Botha (Chairman), Jacques Pierre de Wet, Christopher Gerald O? Neill, Akhter Alli Deshmukh and Shane Trevor Ferguson.



*Master Drilling Remuneration Committee: Akhter Alli Deshmukh (Chairman), Jacques Pierre de Wet and Shane Trevor Ferguson.



06-Oct-2015
(Official Notice)
The unaudited condensed consolidated interim financial statements of Master Drilling have been prepared on the historical cost basis, except for certain financial instruments that are stated at fair value. The Group Financial Statements for the six months ended 30 June 2015 have been prepared in compliance with IAS 34: Interim Financial Reporting, International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board and the SAICA Financial Reporting Guides as issued by the Accounting Practices Committee and presented in accordance with the minimum content, including disclosures, prepared in accordance with the JSE Ltd. Listings Requirements and the requirements of the South African Companies Act, 2008 (as amended).



The group?s accounting policies used in the preparation of these financial statements are consistent with those used in the Annual Financial Statements for the year ended 31 December 2014. The unaudited financial statements for the six months ended 30 June 2015 have been prepared by the corporate reporting staff of Master Drilling, headed by Elzaan Swanepoel (CA (SA)), the Group?s Management Accountant. This process was supervised by Andr? Jean van Deventer (CA (SA)), the Group?s Financial Director.



Going concern

Based on the information available to it, the Board of Directors believes that the Group remains a going concern.



Issued capital

There has been no change to the issued capital since 31 December 2014.



Functional - presentation currency

Items included in the financial statements of each of the Group?s entities are measured using the currency of the primary environment in which the entity operates, i.e. its ?functional currency?. The functional currency of the Group is Rands. The consolidated financial statements are presented in US Dollars (the ?presentation currency?). Management believes that this currency is more useful to the users of the consolidated financial statements, as this currency most reliably reflects the global business performance of the Group as a whole.
01-Oct-2015
(Media Comment)
According to the Financial Mail, Master Drilling has a range of technological innovations that could help make mining profitable in tough times. The company wants to reduce its reliance on commodities as a revenue stream by deploying its expertise to the energy and construction sectors. It is also looking for fresh ways to mine, lowering costs, reducing project time, enhancing safety and boosting productivity through schemes it will try out later this year or early 2016.
28-Sep-2015
(C)
Revenue for the year decreased to USD60.3 million (USD65.2 million). gross profit was higher at USD23.5 million (USD21.3 million). Operating profit grew to USD15.6 million (UD13.3 million). Profit attributable to owners rose to USD9.3 million (USD8.4 million). In addition, headline earnings per share increased to USD6.3cps (USD5.7cps).
23-Sep-2015
(Official Notice)
With effect from 23rd September 2015, Christopher Gerald O? Neill has been appointed as an alternate executive director to: Daniel Coenraad Pretorius, Andre Jean Van Deventer, and Barend Jacobus Jordaan.



Appointment of an alternative executive director to Gareth Robert Sheppard

Izak Bredenkamp, who is an alternate director to Gareth Robert Sheppard (Sheppard) resigns as alternate director following a change in his responsibilities. Eddie Dixon has been appointed as the alternate executive director to Sheppard.



The above appointments shall be effective from Wednesday, 23rd September 2015.
16-Sep-2015
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd. relating to trading statements, a listed company is required to publish a trading statement as soon as it becomes reasonably aware that the financial results for the next period to be reported on will differ by at least 20% from those of the previous corresponding period.



Shareholders are advised that the Company?s earnings per share (?EPS?) for the six month period ended 30 June 2015 (?current period?) in ZAR terms are expected to be between 68,70 and 80,90 cents per share compared to the EPS of 60,80 cents for the six month period ended 30 June 2014 (?comparative period?), which is between 13% and 33% higher than the EPS of the comparative period. Headline earnings per share (?HEPS?) for the current period are expected to be between 69,10 and 81,30 cents per share compared to the HEPS of 61,00 cents for the comparative period, which is between 13,3% and 33,3% higher than the HEPS for the comparative period.



Shareholders are advised that the Company?s EPS for the current period in USD terms are expected to be between 5.70 and 6.90 cents per share compared to the EPS of 5.70 cents for the comparative period, which is between 0,5% and 20,5% higher than the EPS for the comparative period. HEPS for the current period are expected to be between 5.70 and 6.90 cents compared to the HEPS of 5.70 cents for the comparative period, which is between 0,5% and 20,5% higher than the HEPS for the comparative period.



The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors. Mastdrill?s interim results are expected to be released on SENS on or about 28 September 2015.
02-Sep-2015
(Official Notice)
Further to the announcement released on SENS on Thursday, 23 July 2015, in respect of the resignation of Christopher Gerald O? Neill (O? Neill) as non-executive director of the Company and member of its audit committee and risk committee due to him joining the Company as a full-time employee, shareholders are advised that non-executive director, Shane Trevor Ferguson, has been appointed as a member of the audit committee and risk committee respectively with immediate effect.



The constitution of the Master Drillings audit committee and risk committee will be reviewed once a permanent replacement for O?Neill as non-executive director has been appointed.

24-Jul-2015
(Official Notice)
Mastdrill shareholders are advised that all the resolutions as set out in the Notice of Annual General Meeting were passed with the requisite majority of votes at the annual general meeting held on Thursday, 23 July 2015 at 09h00 at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg.



The special resolutions will, to the extent necessary, be filed and registered with the Companies and Intellectual Property Commission.
23-Jul-2015
(Official Notice)
In compliance with the JSE Ltd. Listings Requirements, the following information is disclosed:



Christopher Gerald O? Neill (O? Neill) has resigned from Mastdrill?s Board as an independent non-executive director with effect from 22 July 2015. O? Neill has accepted the position of director and Chief Operations Officer of one of the Company?s local subsidiaries, Master Drilling South Africa (Pty) Ltd.



O? Neill was a member of Mastdrill?s Board since 2014, and further served as a member of the Company?s Audit Committee, Nomination Committee and Corporate Governance Committee. He also chaired the Company?s Risk Committee and Social and Ethics Committee.



The Board of Mastdrill thanks O? Neill for his valued contribution during his tenure as member of the board and its committees, and looks forward to his future contribution as an executive within Mastdrill.



Recruitment for O? Neill?s replacement on the Board is underway and a further announcement in this regard will be made in due course.
30-Jun-2015
(Official Notice)
31-Mar-2015
(Media Comment)
According to Business Day Master Drilling, a supplier of drilling services to the mining industry, grew its headline earnings per share by 32% in the year to December, owing to strong revenue growth from its specialised services in Africa. The group is benefiting from being diversified across emerging markets. It is listed on the JSE and in the US. CEO Danie Pretorius said the global mining industry was focussing on a greeter level of mechanisation, which held good prospects for the group. Master Drilling is pursuing organic growth opportunities in Mexico and Peru and expanding geographically in Columbia.
30-Mar-2015
(C)
Revenue for the year grew to USD132 million (USD119.7 million). Gross profit soared to USD43.8 million (USD39.8 million), operating profit jumped to USD26.6 million (USD22.5 million), while profit attributable to owners of the parent came in at USD16.9 million (USD15.1 million). Furthermore, headline earnings per share increased to USD12.1cps (USD 10.3cps).



Dividend

No dividend has been declared for the year under review.



Annual general meeting

The annual general meeting of Master Drilling Group Ltd will be held at Grant Thornton offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg, on Thursday, 23 July 2015 at 09:00am.



Prospects

Master Drilling's business strategy is to maintain and improve its current status as a leading, global specialised drilling services company and to deliver long-term, sustainable growth through the further development and expansion of its drilling services. It intends to achieve this by strengthening and consolidating its position in existing markets through focused organic growth and strategic acquisitions, expanding into new markets and enhancing operational efficiencies, while continuing its dedicated focus on quality, safety and cost containment.
23-Mar-2015
(Official Notice)
Shareholders are advised that the Company?s earnings per share (?EPS?) for the year ended 31 December 2014 (?current period?) in ZAR terms are expected to be between 120.30 and 139.90 cents per share compared to the EPS of 98.40 cents per share for the year ended 31 December 2013 (?comparative period?), which is between 22% and 42% higher than the EPS of the comparative period as reported in ZAR. Headline earnings per share (?HEPS?) for the current period are expected to be between 129.70 and 149.50 cents per share compared to the HEPS of 99.30 cents per share for the comparative period, which is between 31% and 51% higher than the HEPS for the comparative period as reported in ZAR.



Shareholders are advised that the Company?s EPS for the current period in USD terms are expected to be between 11.00 and 13.00 cents per share compared to the EPS of 10.20 cents per share for the comparative period, which is between 8% and 28% higher than the EPS of the comparative period as reported in USD. HEPS for the current period are expected to be between 11.90 and 13.90 cents per share compared to the HEPS of 10.30 cents per share for the comparative period, which is between 15% and 35% higher than the HEPS for the comparative period as reported in USD.



The financial information on which this trading statement is based has not been reviewed or reported upon by the Company?s auditors. Master Drilling?s year-end results are expected to be released on SENS on or about Monday, 30 March 2015.

04-Feb-2015
(Media Comment)
Mastdrill completed a range of agreements, one of which will see the company sink a record hole. the proposition is to drill two shafts using its new RD8 raisebore drill designed and commissioned at its plant. Work would commence on the pilot holes before May and the contract would last up to three years. The company is competitively pursuing new technology and approaches to drilling that will reduce costs for mining firms and to bring projects into production sooner.
09-Jan-2015
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service of the JSE Limited (?JSE?) on 13 October 2014 and 17 November 2014 wherein three executive directors of Master Drilling (?Selling Directors?) proposed to sell in the market a portion of their Company shareholding (?Proposed Offer for Sale?) during the period from 13 October 2014 to 12 November 2014 (?Offer Period?) and which Offer Period was extended to close of business, 31 December 2014. Shareholders are advised that no share trades have been effected during the Offer Period and that such Offer Period has been withdrawn.
25-Nov-2014
(Official Notice)
Shareholders are referred to the abridged consolidated audited annual financial statements released on the Stock Exchange News Service of the JSE Ltd. ("JSE") on 31 March 2014 and are advised that the separate Company accounts are now available on Master Drilling's website www.masterdrilling.com.

17-Nov-2014
(Official Notice)
Shareholders are referred to the announcement released on the SENS on 13 October 2014 wherein three executive directors of Master Drilling ("Selling Directors") proposed to sell in the market a portion of their Company shareholding ("Proposed Offer for Sale") during the period from 13 October 2014 to 12 November 2014 ("Offer Period"). Shareholders are advised that no share trades have been effected during the Offer Period and that the Selling Directors are proposing to extend the Offer Period to close of business, 31 December 2014.



In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Ltd. ("JSE LR"), the information below regarding the Proposed Offer for Sale of shares is disclosed. The Selling Directors concerned remain totally committed to their positions as executive directors of the Company and will retain substantial shareholdings in the Company following the Proposed Offer for Sale. The Proposed Offer for Sale is aimed at enabling the Selling Directors to re-deploy the proceeds in their personal cash flow planning.



This Proposed Offer for Sale will be open for acceptance until the required number of shares has been sold on the open market or close of business 31 December 2014, whichever occurs first.
16-Sep-2014
(Official Notice)
Shareholders are advised that Absa Bank Ltd. (acting through its Corporate and Investment Banking Division) has been appointed as the Company's Sponsor with effect from 1 October 2014.
05-Sep-2014
(Official Notice)
Following the recent publication of Master Drilling?s 30 June 2014 interim results, shareholders are advised that the Company will be holding financial presentations in Cape Town on 8 September 2014 and 9 September 2014 and in Johannesburg on 10 September 2014. A copy of the presentation being held is available for inspection on the Company?s website: www.masterdrilling.com

04-Sep-2014
(C)
14-Aug-2014
(Official Notice)
Shareholders are advised that the company expects to report the following for the six month period ended 30 June 2014 ("2014 Interim Results"):

* earnings per share ("EPS") in ZAR to be between 56.1 and 65.5 South African cents compared to 47.4 South African cents in the prior comparative period;

* headline earnings per share ("HEPS") in ZAR to be between 56.3 and 65.7 South African cents compared to 47.2 South African cents in the prior comparative period;

* EPS in USD to be between 5.2 and 6.2 US cents compared to 5.1 US cents in the prior comparative period; and

* HEPS in USD to be between 5.2 and 6.2 US cents compared to 5.1 US cents in the prior comparative period.



The 2014 Interim Results are expected to be published on or about 4 September 2014.
24-Jul-2014
(Official Notice)
Shareholders are advised that at the Annual General Meeting of MastDrill held today 24 July 2014, with the exception of Ordinary Resolution Number 3 which was withdrawn as Mr Ledger decided not to stand for re-election as Chairman, all the remaining Ordinary and Special Resolutions were passed by the requisite majority of shareholders.
26-Jun-2014
(Official Notice)
Shareholders are advised that Director Peter John Ledger (Mr Ledger), the Independent Non-Executive Chairman of the Company has accordingly notified the board of directors (Board) that he will no longer make himself available for re- election as indicated in Ordinary Resolution Number 3 of the Notice of the Company?s Annual General Meeting (AGM), posted to shareholders on the 31st March 2014, and to be held on Thursday, 24th July 2014. Consequently, Mr Ledger?s resignation from the Board will be effective from the date of the AGM. The Board thanks Mr Ledger for his contribution to the Company during his tenure as chairman.



Shareholders are further advised that the following appointments and resignations are effective on the date of the AGM:

Mr Hendrik Roux van der Merwe has been appointed by the Company as an Independent Non-Executive Director and will, with effect from the date of the AGM;

*Succeed Mr Ledger as the Independent Non-Executive Chairman of the Company;

*Be appointed as a Sub Committee Member in respect of Master Drilling Group Limited Risk Committee; and

*Be appointed as a Sub Committee Member and Chairman in respect of Master Drilling Group Limited Nominations Committee.



Mr Christopher Gerald O?Neill has been appointed by the Company as an Independent Non-Executive Director and will, with effect from the date of the AGM:

*Succeed Director Roger Owen Davey (Mr Davey) as Mr Davey shall not be making himself available for re-election at the AGM;

*Be appointed as a Sub Committee member and Chairman in respect of Master Drilling Group Limited Social and Ethics Committee; and

*Be appointed as a Sub Committee Member in respect of Master Drilling Group Limited Nominations Committee; and further

*Be appointed as a Sub Committee Member in respect of Master Drilling Group Limited Audit Committee.

31-Mar-2014
(C)
Revenue for the year skyrocketed to USD119.7 million (2012: USD10.8 million). Gross profit soared to USD39.8 million (2012: USD3.6 million), operating profit jumped to USD22.5 million (2012: USD1.9 million), while profit attributable to owners of the parent came in at USD15.1 million (2012: USD1.2 million). Furthermore, headline earnings per share grew to USD10.3cps (2012: USD 8.9cps).



Dividend

No dividend has been declared for the year under review.



Notice of AGM

The annual general meeting of the Company will be held at Sasfin Bank, 29 Scott Street, Waverley, Gauteng on Thursday, 24 July 2014, at 9:30 to transact the business as stated in the annual general meeting notice, forming part of the Annual Financial Statements.



Prospects

Mastdrill's business strategy is to maintain and improve its current status as a leading, global specialised drilling services company and to deliver long-term, sustainable growth through the further development and expansion of its drilling services. It intends to achieve this by strengthening and consolidating its position in existing markets through focused organic growth and strategic acquisitions, expanding into new markets and enhancing operational efficiencies, while continuing its dedicated focus on quality and safety.
28-Mar-2014
(Official Notice)
Shareholders are advised that Mr Roger Owen Davey, an independent non-executive director of the Company, will not make himself available for re- election at the Company's Annual General Meeting ("AGM"), to be held on Thursday, 24th July 2014. Consequently, his resignation from the board of directors will be effective from the date of the AGM.



Mr Shane Ferguson, who is an existing non- executive director of the Company was also appointed as an alternate director to Mr Davey on 20 June 2013. Following Mr Davey's resignation, Mr Ferguson will resign as Mr Davey?s alternate director from the date of AGM but will remain as non-executive director of the Company.
26-Mar-2014
(Official Notice)
Shareholders are advised that the Company expects to report the following for the year ended 31 December 2013 (2013 Year End Results):

*earnings per share (EPS) in ZAR to be between 96.3 and 100.5 South African cents in comparison to that of the prior comparative period of 82.1 South African cents;

*headline earnings per share (HEPS) in ZAR to be between 97.3 and 101.2 South African cents in comparison to that of the prior comparative period of 77.3 South African cents;

*EPS in USD to be between 10.0 and 10.4 US cents in comparison to that of the prior comparative period of 9.4 US cents; and

*HEPS in USD to be between 10.1 and 10.5 US cents in comparison to that of the prior comparative period of 8.9 US cents.



In assessing the EPS and HEPS for the year ended 31 December 2013, shareholders should note that during the 2012 financial year, Master Drilling had an average of 13 059 916 ordinary shares in issue. During the restructuring and listing of Master Drilling additional shares were issued during the second half of 2012. Master Drilling currently has 148 265 491 ordinary shares in issue.



The main reasons for the increase in earnings are the Company?s strategy to diverse globally. New contracts in Africa have started to contribute to revenue. The Company?s strong organic growth in Latin America during the 2013 financial year along with the controlling of costs has resulted in an increase in profit margins.



The financial information on which this trading statement is based has not been reviewed or reported upon by the Company's auditors. The 2013 Year End Results are expected to be published on or about 31 March 2014.
27-Aug-2013
(C)
Mastdrill declared their maiden interim results for the period ended 30 June 2013. Revenue came in at USD54.1 million, gross profit was USD19.2 million, while operating profit was recorded at USD11.8 million and profit for the period at USD7.7 million. Furthermore, headline earnings per share came in at USD5.1cps.



Outlook and prospects

Mastdrill's strategy is to develop and grow its current position as a leading global specialised drilling company. This will be achieved through the continued expansion of its services; by strengthening and consolidating its position in existing markets; through focused organic growth; and through acquisitions and joint-venture partnerships. Mastdrill continues to enter into strategic discussions with major and mid-tier companies, and has provided the Company and its shareholders with a very promising step in achieving some of its strategic objectives.



Mastdrill made progress in its drilling automation strategies. The automation process will develop as Mastdrill advances its in-house technology, with development of the next phases currently underway, enabling the implementation, by year-end of fully automated insertion and removal of the drill rods and automatic remote-controlled spanners, among others. The Company has embarked on a four-phase project to enhance site safety, increase efficiency and lower the costs of raiseboring shafts. The initiative will bring down the number of workers on site to a minimum, and advance and intensify upskilling of operators. The efficiency of raiseboring is expected to be 30% higher while productivity, based on results from the group's first live automated project in South America during 2012, could potentially double as mechanisation and automation advance.
25-Jul-2013
(Official Notice)
Shareholders are advised that at the Annual General Meeting of Master Drilling held today 25 July 2013, all the ordinary and special resolutions were passed by the requisite majority of shareholders. The special resolutions where applicable, will be filed with the Companies and Intellectual Property Commission in due course.

05-Jul-2013
(Official Notice)
Shareholders are referred to the Integrated Report posted to shareholders and uploaded onto the company's website on Friday, 28 June 2013, which contained a notice of AGM and a Form of Proxy to shareholders setting out details of the AGM scheduled to be held on Thursday, 25 July 2013 at 9:30 at Sasfin Bank, 29 Scott Street, Waverley, Johannesburg in order to transact the business as stated in the annual general meeting notice of the company.



Shareholders are referred to resolution number 15 in the notice of AGM Authority to sign all required documents which was inadvertently omitted in the Form of Proxy. The Form of Proxy has now been amended to include resolution number 15 and will be available on the Master Drilling website as from the 5th July 2013. All other details in the notice of AGM and Form of Proxy remain the same.
28-Jun-2013
(Official Notice)
Shareholders are advised that the company's annual financial statements will be available on the company's website www.masterdrilling.co.za on Friday, 28 June 2013 and contain no modifications to the audited provisional report results which were released on SENS on Tuesday, 26 March 2013. Posting of notice of the annual general meeting Notice is hereby given that the 1st annual general meeting of Master Drilling shareholders will be held at 09:30 on Thursday, 25 July 2013 at Sasfin, 29 Scott Street, Waverley, Johannesburg to transact the business as stated in the annual general meeting notice being posted to shareholders on Friday, 28 June 2013 and available on the Company's website from that date.



Record dates

The notice of annual general meeting will be posted to shareholders of the company who were recorded as such in the company's securities register on Friday, 21 June 2013.



The date on which shareholders of the company must be recorded as such in the company's securities register in order to attend and vote at the annual general meeting is Friday, 19 July 2013. The last day to trade in order to be entitled to vote at the annual general meeting is Friday, 12 July 2013. Proxy Forms must be lodged by no later than 9:30 on Tuesday, 23 July 2013.



Correction of unaudited earnings per share, headline earnings per share and net asset per share figures Since publication of the audited provisional report for Master Drilling for the period ended 31 December 2012 published on SENS on 25 March 2013 which report included unaudited comparative earnings per share, headline earnings per share and net asset value per share figures for the period ended 31 December 2012, it has come to the attention of Master Drilling that such figures were incorrectly stated. These figures were published on a voluntary basis for comparative purposes only. Shareholders are referred to integrated report for the amended figures.
26-Jun-2013
(Official Notice)
Shareholders are advised that further to the Trading Statement released on SENS on 25 June 2013, for the sake of clarity, the earnings per share (EPS ) and headline earnings per share (HEPS) figures for the six month period ended 30 June 2012 were calculated using the weighted shares in issue, which is 148 265 491 pro-rated for 6 of the 12 months in order to be comparable with the EPS and HEPS figures of the audited provisional results for the year ended 31 December 2012 which were released on SENS on Tuesday, 26 March 2013.



The EPS and HEPS figures reported in US dollars for the six month period ended 30 June 2012 should have been 3.2 US cents and 3.2 US cents, respectively. This is calculated by using the 148 265 491 shares in issue.



The EPS and HEPS figures reported in ZAR for the six month period ended 30 June 2012 should have been 25.3 ZAR cents and 25.1 ZAR cents, respectively. This is calculated by using the 148 265 491 shares in issue.



The information contained in this correction trading statement has not been reviewed and reported on by the company's auditors.
25-Jun-2013
(Official Notice)
Shareholders are advised that the Company's earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ending 30 June 2013 are expected to be between 45% and 65% higher than that of the previous corresponding period as reported in US Dollars. The EPS and HEPS for 2012 were respectively USD6.4 cents and USD6.3 cents.



In the first half of the 2012 reporting period, Mastdrill had only 1000 ordinary shares in issue. During the restructuring and listing of the Mastdrill additional shares were issued during the second half of 2012. Mastdrill currently has 148 265 491 ordinary shares in issue as at 26 June 2013. The number of shares in issue will be at least this number at 30 June 2013. The EPS and HEPS numbers are therefore not comparable. Based on this the EPS and HEPS figures were calculated using the total ordinary shares currently in issue. The main reason for the earnings increase is as a result of better utilisation of idle equipment. This was achieved by redeploying idle equipment from South Africa into Latin America on the back of deteriorating Platinum Mining market conditions in South Africa.
24-Jun-2013
(Official Notice)
With effect from 20 June 2013, Mr Izak Jacobus Bredenkamp, the group human resources manager, has been appointed as an alternate executive director to Gareth Robert Sheppard, an executive director of Mastdrill.



Additional responsibilities

With immediate effect, Mr Shane Trevor Fergusson, a non- executive director and member of the remuneration committee, in addition to his responsibilities, has been appointed as an alternate to Mr Roger Davey, in respect of the audit and risk committee, and social and ethics committee of Mastdrill.
27-Mar-2013
(Media Comment)
Business Day highlighted that Master Drilling Group reported a 19.6% increase in adjusted headline earnings per share. CEO Danie Pretorius said the specialised drilling services group operating in the mining sector delivered results that are in line with expectations even prior to the industry strikes. Mr Pretorius added that one of the major contributing factors to the positive results was the strategy to continuously grow the fleet and thus support growth in 2014. Strategic initiatives for the current financial year included growth of the revenue base from existing markets and services, as well as from expansion into new geographical areas and drilling services.



26-Mar-2013
(C)
This is Master Drilling Group's maiden final results as at December 2012, therefore no comparative figures have been presented. Revenue from continuing operations for the period amounted to USD99.7 million. Gross profit was recorded at USD29.4 million, while operating profit came in at USD17.3 million. Profit attributable to the parent was at USD11.9 million, and headline earnings per share of US14.1 cents was recorded.



Outlook and prospects

Master Drilling's strategy is to develop and grow its current position as a leading global specialised drilling company. This will be achieved through the continued expansion of its services; by strengthening and consolidating its position in existing markets, through focused organic growth and through acquisitions and joint venture partnerships. The recent signing of a strategic agreement with Anglo American, together with a number of other agreements signed with major and mid-tier companies has provided the Company and its shareholders with a very promising step in achieving some of our strategic objectives.



18-Jan-2013
(Official Notice)
Reference is made to the offering document, dated 7 December 2012 relating to the listing of all of Master Drilling's issued ordinary shares with no par value (the "Offer"). Reference is also made to the pricing announcement relating to the Offer, released on SENS on 13 December 2012. The definitions and interpretations used in the offering document dated 7 December 2012 apply to this announcement.



The directors of Master Drilling advised that, in respect of the Offer, Renaissance Capital (and its affiliates), in its capacity as stabilisation manager, has given notice to Master Drilling that it will exercise the Over-Allotment Option granted by the Selling Shareholder in respect of 3 317 954 Master Drilling ordinary shares. Post the exercise of the Over- Allotment Option, the total number of Master Drilling Ordinary Shares sold in the Offer will be 53 817 954. The Stabilisation Period commenced at 09:00 on 20 December 2012 and ended at 17:00 on 18 January 2013.
10-Jan-2013
(Media Comment)
According to The Financial Mail, Mastdrill anticipated the slowdown in South Africa's platinum sector by moving some of its machines to copper mining in Zambia and Chile in early 2012. The company still however retained contracts with blue chip platinum companies such as Impala Platinum Holdings Ltd. and Lonmin plc. CFO Andre van Deventer says Mastdrill maintains good relationships with its clients. About USD34 million of the proceeds from the offering will be used to purchase new drill rigs and associated capital equipment. The company also plans to expand into new geographies.
20-Dec-2012
(Official Notice)
Leading global specialised drilling services company Master Drilling Group Ltd. ("Master Drilling" or "the company") listed its ordinary shares in the "Industrial Machinery" sector of the Main Board of the Johannesburg Stock Exchange (JSE) today, 20 December 2012, under the share code MDI.



The listing follows a successful private placement of 44.9 million new ordinary primary shares, 5.6 million secondary shares and 5.5 million over-allotment shares at R7.85 per share, which has raised R439 600 000 before expenses.



The company intends using these proceeds primarily to fund its ambitious global growth strategy. Key will be the purchase of new drill rigs and associated equipment, so that Master Drilling can expand into new geographical markets.



At listing, Master Drilling has 148 265 491 ordinary shares in issue.



Founded in South Africa in 1986 by current MD Danie Pretorius and headquartered in Fochville, Master Drilling provides drilling services to major, mid-tier and junior mining companies - across a range of commodities and resources - throughout southern Africa, Latin America, Europe and the Middle East. It also provides drilling services for civil engineering applications in a variety of emerging markets.



Directly and indirectly, the company currently has 154 drill rigs deployed across its global footprint.
16-Jul-2018
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Master Drilling is recognised a world leader in the raisebore drilling services industry. Master Drilling provides specialised drilling services to blue-chip major and mid-tier companies in the mining, civil engineering and energy sector, across a number of commodities. Master Drilling was established in 1986 in South Africa and listed on the JSE in December 2012. The head group office is located in Fochville, Gauteng, South Africa. Master Drilling comprises two main operational sub-groups ? South African operations and international operations. The South African operations are managed from Fochville through three subsidiary companies ? Master Drilling South Africa (the raisebore business), Master Drilling Exploration (the slim drilling business) and Drilling Technical Services (responsible for the engineering support for our raisebore and slim drilling businesses in South Africa and abroad).



The international raisebore operations as managed abroad include entities in Latin America, Africa and Europe. The Chilean, Peruvian, Brazilian, and Mexican entities maintain both operational and engineering facilities. The international footprint also now includes operations in Guatemala, Ecuador, DRC and Ireland. Group engineering support is also provided from South Africa and China, servicing several international locations.


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