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15-Nov-2018
(Official Notice)
The board of directors of Metrofile advised shareholders of the appointment of Ms Kelebogile Dludla (H.BAcc, CA(SA)) as an executive director and Group Chief Financial Officer with effect from 15 November 2018.
29-Oct-2018
(Official Notice)
Mr Mark McGowan has informed the board of his intention to resign from Metrofile Holdings as Group Chief Financial Officer with effect from 31 October 2018.



As an interim measure Mr Leon Thompson will step in to the role of Group Chief Financial Officer until a suitable replacement has been appointed, effective from 1 November 2018. Mr Thompson has been with the Metrofile Group, in various roles, for 16 years and is currently the General Manager: Gauteng for the Metrofile (Pty) Limited business, which includes responsibility for finance.
11-Sep-2018
(Official Notice)
Shareholders are referred to the Company?s audited summarised group results for the 12 months ended 30 June 2018 published on 10 September 2018, wherein the issued number of shares was disclosed as 416 164 210.



Shareholders are advised that the total shares outstanding excluded treasury shares of 18 976 058 and therefore the total issued number of shares (including treasury shares) amounts to 435 140 268.

10-Sep-2018
(C)
Revenue for the year increased to R953 million (2017: R769.2 million), earnings before interest, taxation, depreciation and amortisation ("EBITDA") rose to R270.2 million (2017: R247.3 million), operating profit climbed to R229.7 million (2017: R212.4 million), but profit for the year attributable to owners of the parent fell to R129.1 million (2017: R135 million), while headline earnings per ordinary share weakened to 29.2 cents per share (2017: 31.8 cents per share).



Dividend

A final gross cash dividend of 8.0 cents per share in respect of the year ended 30 June 2018 has been declared payable, from income reserves, to the holders of ordinary shares recorded in the books of the Company on Friday, 5 October 2018.



Changes to the board

Ms Phumzile Langeni was appointed as Lead Independent Director with effect from 10 July 2018. As previously announced, Mr Zaheer Abdulla, has been appointed as a Non-Executive Director of Metrofile with effect from 15 September 2018 in place of Mrs Cynthia Pongweni who will resign from the Board, effective 15 September 2018.
14-Aug-2018
(Official Notice)
The board of directors of Metrofile Holdings announced to shareholders the appointment of Mr Ashely de Klerk as Metrofile Records Management (Metrofile (Pty) Ltd.) Managing Director with effect from 1 September 2018. Mr de Klerk has held several Senior Executive roles in EOH and his recent position was Managing Director: Enterprise Software Business. Prior to joining EOH, Mr de Klerk also held Senior Executive positions at SAS, DVT and Microsoft South Africa.



Mr de Klerk?s extensive sales knowledge and leadership in Corporate South Africa will be instrumental in driving growth.



Shareholders are further advised that Mr Wayne Clarke will move from his current position of Managing Director Metrofile Records Management (Metrofile (Pty) Ltd.) to assume a Group position of Managing Director: Group Operations, focusing on global operational efficiencies.
10-Jul-2018
(Official Notice)
The board of directors of Metrofile advised shareholders that:

- Ms Phumzile Langeni is appointed as Lead Independent Director with immediate effect;

- Mr Zaheer Abdulla, BSc (Actuarial Science), has been appointed as a Non-Executive Director of Metrofile Holdings with effect from 15 September 2018 in place of Mrs Cynthia Pongweni who will resign from the Board, effective 15 September 2018.



Mr Zaheer Abdulla is currently an investment manager with Mineworkers Investment Company (RF) (Pty) Ltd. (MIC), the major shareholder of Metrofile Holdings, with nine years corporate finance and investment management experience and serves on the boards of Tracker, General Electric Southern Africa Technologies and Multiknit.
13-Mar-2018
(C)
Revenue for the period increased to R456.1 million (2016: R380.7 million), profit attributable to owners of the parent rose to R77.5 million (2016: R70.8 million), while headline earning per ordinary share decreased to 15.6 cents per share (2016: 16.7 cents per share).



Dividends

Notice is hereby given that an interim gross cash dividend of 13,0 cents per share in respect of the period ended 31 December 2017 has been declared payable, from income reserves, to the holders of ordinary shares recorded in the books of the Company on Friday, 13 April 2018.



Outlook and opportunities

Data and information management is growing in importance as the world becomes increasingly digitally connected. As the value of transforming raw data into usable information is recognised and becomes widespread, the wealth of data that Metrofile stores or digitises is increasingly a sought-after resource. Metrofile remains well placed in the forefront of an industry that is evolving rather than shrinking. Metrofile anticipates a stronger second half earnings.
24-Jan-2018
(Official Notice)
Shareholders are referred to the announcement made by Metrofile on 11 December 2017 regarding the acquisition of SDS Kenya by Metrofile. Metrofile is pleased to announce that all conditions precedent have been met and the acquisition is now unconditional and has been finalised. Metrofile welcomes the management and staff of SDS Kenya to the Metrofile Group. Shareholders are further advised that the Board has decided to fund the acquisition from internal resources and debt facilities, and elected not to raise additional capital by way of a rights issue or placement.



11-Dec-2017
(Official Notice)
05-Dec-2017
(Official Notice)
Shareholders are advised that Mr Nigel Matthews will retire from the Metrofile Holdings board of Directors (the ?board?) as an independent non-executive director, the Lead Independent Director and member of the Audit, Governance and Risk Committee, Nominations Committee, Remuneration Committee and Social, Ethics and Transformation Committee with effect from 30 June 2018.



Mr Matthews was appointed to the board on 1 June 2006 and, during his tenure as a non-executive director, held the position, until recently, as the Chairman of the Audit, Governance and Risk Committee.



Mr Matthews? experience and contribution to board and Committee discussions and debates ranging from finance, accounting and corporate governance and his broad business experience made him a valuable member of the board.
29-Nov-2017
(Official Notice)
Metrofile?s shareholders are advised that the Company is in discussions regarding a potential acquisition which, if successfully concluded, may have a material effect on the price of the Company?s shares. Accordingly, Metrofile?s shareholders are advised to exercise caution when dealing in their shares until a further announcement is made.
29-Nov-2017
(Official Notice)
Shareholders are advised that the voting results for the annual general meeting (?AGM?) of Metrofile Holdings held today, 29 November 2017, all resolutions were passed by the requisite majority of Metrofile Holdings shareholders present in person or represented by proxy at the AGM; exceeding 90% on each resolution.
27-Nov-2017
(Official Notice)
Shareholders are advised that Metrofile will be forming a new Digital Company as part of its ongoing digital transformation; to be launched in early 2018 with senior technology leaders to lead and grow the new digital business.



The Digital Company will be a world leading cloud based software, infrastructure, security and data platform based entity, providing inter alia, digital site recovery, data archiving, backup management and security, artificial intelligence, predictive analytics, ?Big Data? and ?Internet of Things? solutions to companies of all sizes, including the Metrofile customer base, giving them a competitive edge in their respective industries.
31-Oct-2017
(Official Notice)
Shareholders are advised that the notice of Annual General Meeting (?AGM?) containing the summarised consolidated financial statements for the year ended 30 June 2017, dispatched to shareholders today, sets out the details of the company?s AGM which will be held at the Regency Hyatt, 191 Oxford Road, Rosebank, Gauteng at 09h00 on Wednesday, 29 November 2017. The last day to trade in order to be eligible to participate in and vote at the AGM is Tuesday, 14 November 2017 and the record date for voting purposes is Friday, 17 November 2017.



Shareholders are further advised that Metrofile Holdings? Integrated Annual Report, incorporating the audited Annual Financial Statements for the year ended 30 June 2017 has been published and is available on the company?s website, www.metrofileholdings.co.za, and contains no changes from the audited summarised consolidated financial statements for the year ended 30 June 2017 published on SENS on 8 September 2017.



Shareholders are hereby notified that in accordance with the JSE Listings Requirements, the company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and is available on the company?s website, www.metrofileholdings.co.za.
08-Sep-2017
(C)
Revenue for the year lowered to R769.2 million (R777.6 million) whilst EBITDA rose to R247.3 million (R235.0 million). Operating profit before finance costs jumped to R212.4 million (R199.3 million). Profit attributable to owners grew to R135.0 million (R130.1 million). Furthermore, headline earnings per share increased to 31.8 cents per share (30.5 cents per share).



Dividend

The Board has targeted maintaining debt levels at least at 1.5 times EBITDA. However, continued strong cash-generation has resulted in leverage remaining below this level. At the end of the previous financial year, the Board resolved to reduce dividend cover from a target of 1.5 times to a target range of 1.25 to 1.5 times and until the minimum debt levels were achieved, the Board resolved to pay dividends with cover below the target range.



The dividend for the full year of 30.0 cents per share represents dividend cover of 1.06 times.



Notice is hereby given that a final gross cash dividend of 17.0 cents per share in respect of the year ended 30 June 2017 has been declared payable, from income reserves, to the holders of ordinary shares recorded in the books of the Company on Friday, 6 October 2017.



Company outlook and opportunities

Data and information management is growing in importance as the world becomes increasingly digitally connected. As the value of transforming raw data into usable information is recognised and becomes widespread, the wealth of data that Metrofile stores or digitises is increasingly a sought-after resource. Metrofile remains well placed in the forefront of an industry that is evolving rather than shrinking.
04-Jul-2017
(Official Notice)
Further to the approval by Metrofile shareholders of the subscription for additional shares in Metrofile by MIC Investment Holdings (Pty) Ltd (?MIC?) at the Company?s general meeting held on 14 December 2016, MIC?s investment in Metrofile increased to 36%. MIC received legal advice that if it wanted to buy additional Metrofile shares, for technical reasons, it should apply for clearance from the Competition Commission and, as such, an application was duly submitted. The requisite clearance was received from the Competition Tribunal but such clearance has been reported out of context in recent press articles as an approval for a merger of MIC and Metrofile.



Shareholders are advised that the application and approval are technical in nature and MIC has no intention of "merging" with Metrofile. MIC may however increase its shareholding in Metrofile from time to time by buying Metrofile shares on and off market.
27-Jun-2017
(Official Notice)
Shareholders are hereby advised that Metrofile has acquired a total of 13 653 312 shares in the issued share capital of Metrofile on the open market for a purchase consideration (including costs) in aggregate of R66 500 658 (?the General Repurchase?). The General Repurchase was effected in terms of a general authority to the board of directors of Metrofile (?the Directors?), which was granted in terms of a special resolution passed by shareholders at Metrofile? Annual General Meeting (?AGM?) held on 14 December 2016 and comprises 3.2% of the total issued ordinary shares of Metrofile Holdings at the date of the AGM.



Implementation

The General Repurchase commenced on 21 December 2016 and may be implemented by the Board from time to time at its discretion in terms of the JSE Listings Requirements until the existing authority expires on 29 November 2017. The Company confirms that the repurchases were effected through the order book operated by the JSE and done without any prior understanding or arrangement between the Company and the counter parties. The highest and lowest prices paid by Metrofile for the ordinary shares were 521 cents and 425 cents per share respectively.



Extent of general authority outstanding

The extent of the general authority outstanding is 29 055 089 ordinary shares, representing 6.8% of the total issued ordinary share capital of Metrofile at the time the authority was granted.



Source of funds

The General Repurchase has been funded from available cash resources.



Financial information

Cash balances decreased by R66 500 658 as a result of the General Repurchase. The impact on other areas of the Company?s financial information is immaterial.



JSE listing

Further to the General Repurchase to date, the Company holds 13 653 312 treasury shares. Shares in issue net of treasury shares are currently 421 486 956.
26-Jun-2017
(Official Notice)
The board of directors of Metrofile Holdings advises shareholders that Lindiwe Mthimunye-Bakoro has been appointed as an independent non-executive director of Metrofile Holdings and a member of its Audit, Governance and Risk Committee and Social, Ethics and Transformation Committee with effect from 1 July 2017.



19-Jun-2017
(Official Notice)
Metrofile informed shareholders that it has concluded an agreement to acquire a 100% interest in Tidy Files (SA) (Pty) Ltd. (?Tidy Files?), a company registered and operating in South Africa for an approximate consideration of R75 million, subject to formula and to be funded with cash resources.



Tidy Files is a leading provider of end-to-end document management and storage solutions in Southern Africa, renowned for the design, supply and implementation of Paper-based and Electronic Document and Records Management Solutions. The acquisition is aligned with Metrofile?s strategic growth objective of complementing and expanding its client service offering across Africa and the Middle East.



The acquisition is subject to approval by the Competition Commission to the extent necessary, such application having been filed with the Competition Commission.
01-Jun-2017
(Official Notice)
The board of directors of Metrofile Holdings advises shareholders that Sindi Zilwa, a member of the Metrofile Holdings Audit, Governance and Risk Committee, has been appointed as the chairman of the committee with effect from 1 July 2017 in place of Nigel Matthews, who remains on the committee as a committee member.







06-Mar-2017
(C)
Revenue for the period increased to R380.7 million (2015: R374.7 million), profit attributable to owners of the parent rose to R70.8 million (2015: R68.6 million), while headline earning per ordinary share grew to 16.7 cents per share (2015: 16.1 cents per share).



Dividends

The board has targeted maintaining debt levels at least at 1.5 times EBITDA. However, continued strong cash generation has resulted in leverage remaining below this level. At the end of the previous financial year, the Board resolved to reduce dividend cover from a target of 1.5 times to a target range of 1.25 to 1.5 times and until the minimum debt levels were achieved, the Board resolved to pay dividends with cover below the target range. The interim dividend cover for the period has accordingly been increased by 18.2% to 13 cents per share representing cover of 1.3 times.



Outlook and opportunities

Data and information management is growing in importance as the world becomes increasingly digitally connected. Metrofile is placed in the forefront of an industry that is evolving rather than shrinking. As the value of transforming raw data into usable information is recognised and becomes widespread, the wealth of data that Metrofile stores or digitises is increasingly a sought after resource. Growth in our industry will also be driven by incoming legislation in South Africa and our targeted economies. This will compel organisations to prioritise the effective storage and recording of their customer information.
29-Dec-2016
(Official Notice)
Pursuant to the announcement released on the Stock Exchange News Service (?SENS?) of the JSE Ltd. ("JSE") on Tuesday, 1 November 2016, the posting of circular announcement released on SENS on Wednesday, 16 November 2016, the addendum to the Subscription Agreement announcement released on SENS on Monday, 5 December 2016, the results of the general meeting announcement released on SENS on Wednesday, 14 December 2016 and the TRP waiver ruling announcement released on SENS on 15 December 2016, shareholders are advised as follows:



All suspensive conditions to which the Subscription is subject have been fulfilled. In accordance with paragraph 3.83 of the JSE Listings Requirements and section 122 of the Companies Act 2008 (?the Act?), Metrofile has issued the Subscription Shares to MIC Investment Holdings (Pty) Ltd. (?MICIH?) such that MICIH?s total interest in Metrofile now amounts to 35.6% of the voting rights in Metrofile.



In accordance with section 122(3)(a) of the Act, the requisite notices have been filed with the Takeover Regulation Panel.

15-Dec-2016
(Official Notice)
05-Dec-2016
(Official Notice)
16-Nov-2016
(Official Notice)
16-Nov-2016
(Official Notice)
Metrofile Holdings? Integrated Report, Company Annual Financial Statements for the year ended 30 June 2016 and Notice of Annual General Meeting are available on the company?s website www.metrofileholdings.com and have been distributed to shareholders on 16 November 2016. There is no change from the company?s reviewed provisional results for the year ended 30 June 2016 published on the Stock Exchange News Service (SENS) of the JSE on 29 August 2016.



Annual general meeting

The annual general meeting of shareholders of Metrofile Holdings will be held at Summer Place, 69 Melville Road, Hyde Park, 2196, Gauteng on Wednesday, 14 December 2016 at 10:00, to transact the business as stated in the Notice of the Annual General Meeting forming part of the Integrated Report.
01-Nov-2016
(Official Notice)
29-Aug-2016
(C)
Revenue for the year increased to R777.6 million (2015: R701.9 million). Operating profit before finance costs rose to R199.3 million (2015: R186.8 million), profit attributable to owners of the parent was higher at R130.1 milllion (2015: R124.6 million), while headline earnings per ordinary share grew to 30.5 cents per share (2015: 29.3 cents per share).



Dividend

A final gross cash dividend of 19 cents per share in respect of the year ended 30 June 2016 has been declared payable to the holders of ordinary shares.



Outlook

Metrofile anticipates continued growth in the challenging economic and business environments, both locally and on the African continent. The group will continue to seek growth opportunities across all business units, both locally and internationally, in cradle to grave document management solutions. At this stage, Metrofile expects to resume its historic earnings growth profile in the forthcoming financial year.
01-Apr-2016
(Official Notice)
Shareholders are referred to the announcement dated 14 January 2016 in terms of which shareholders were advised of the appointment of Mr Pfungwa Serima as CEO designate in anticipation of Mr Graham Wackrill?s retirement as CEO on 31 March 2016.



Accordingly, shareholders are advised that Mr Serima?s appointment as CEO has been effected today, as a result of Mr Wackrill?s retirement.



Mr Wackrill will remain on the Board in a Non-Executive capacity.
29-Feb-2016
(C)
Revenue for the interim period rose to R374.7 million (R338.3 million). EBITDA increased to R121.7 million (R103.2 million). Operating profit before finance costs jumped to R103.0 million (R88.1 million). Profit attributable to owners grew to R68.6 million (R60.1 million). In addition, headline earnings per share were higher at 16.1 cents per share (14.1 cents per share).



Dividend

The board has continued the strategy to continuously improve dividends whilst ensuring that they are sustainable and reviews the cover periodically. Continued strong cash-generation has allowed the group to maintain its current target dividend cover of 1.5 times.



Notice is hereby given that an interim gross cash dividend of 11.0 cents per share in respect of the period ended 31 December 2015 has been declared payable, from income reserves, to the holders of ordinary shares recorded in the books of the Company on Friday, 8 April 2016.



Outlook

Whilst acknowledging the local economic challenges impacting the South African business environment, Metrofile expects to increase its headline earnings per share for the full year. The Group will also continue to seek growth opportunities across Africa and the Middle East, to entrench its position as a market leader in cradle to grave document management solutions.
14-Jan-2016
(Media Comment)
Business Day reported that Metrofile acquired Document Bank Botswana, an information storage company for an undisclosed amount. Metrofile has operations in Namibia, Zambia, Nigeria and the United Arab Emirates. This acquisition is part of the company's strategy to further expand into Africa. Document Bank will continue to be run by its current management however overall strategy will be controlled by the board of Metrofile and Document Bank leadership.
13-Jan-2016
(Official Notice)
Shareholders were advised on 19 May 2015 that Mr Graham Wackrill had given notice of his intention to retire as CEO on 31 March 2016. He will continue as a non-executive director thereafter.



The board advised shareholders that Mr Pfungwa Serima will be appointed to the board as CEO-Designate on 1 February 2016 and will take over as CEO on 1 April 2016.



Mr Serima is currently the Executive Chairman of SAP Africa and his previous positions included being CEO of Accenture Technology Solutions, CEO of Microsoft South Africa and then CEO of SAP Africa. In addition to his successes in South Africa, he also led and executed the SAP Africa expansion program establishing five regional offices employing 800 people. Mr Serima is also a non-executive director of Wesbank. He holds a Bachelor of Business Studies and Computer Science degree from the University of Zimbabwe.
30-Nov-2015
(Official Notice)
Shareholders are advised that the voting results for the annual general meeting (?AGM?) of Metrofile held on 30 November 2015 at 09h00 at Summer Place, 69 Melville Road, Hyde Park, 2196, Gauteng, all resolutions were passed by the requisite majority of Metrofile shareholders present in person or represented by proxy at the AGM.
09-Nov-2015
(Official Notice)
Shareholders of Metrofile (?Shareholders?) are advised that the audited annual financial statements of the company for the financial year ended 30 June 2015 (?the Annual Financial Statements?), were posted to Shareholders today, 9 November 2015.



The company has not published an abridged report at this date as the audited financial information released on the Securities Exchange News Service on Monday, 24 August 2015, remains unchanged.



Notice is hereby given that the annual general meeting of Shareholders will be held at 09h00 on Monday, 30 November 2015 at Summer Place, 69 Melville Road, Hyde Park, Johannesburg to transact business as stated in the notice of annual general meeting of Shareholders, circulated together with the Annual Financial Statements.
24-Aug-2015
(C)
Revenue rose to R701.9 million (2014: R675.3 million). Earnings before interest, taxation, depreciation and amortisation (EBITDA) decreased to R218.4 million (2014: R252.9 million), while profit attributable to owners of the parent lowered to R124.6 million (2014: R154.8 million). Furthermore, headline earnings per ordinary share lowered to 29.3 cents per share (2014: 34.4 cents per share).



Dividends

The continued improvements in the group's financial structure and cash flows have enabled the Board to improve the dividend cover, for the full year, from 2 times in the comparative year to 1.5 times for the current year. The cover is based on Normalised EPS. Notice is hereby given that a final gross cash dividend of 12cps in respect of the year ended 30 June 2015 has been declared payable to the holders of ordinary shares recorded in the books of the company on Friday, 2 October 2015.



Outlook

Metrofile anticipates continued growth notwithstanding the current challenging economic and business environment, and will continue to seek opportunities across all business units, both locally and internationally.
13-Aug-2015
(Official Notice)
In terms of section 3.4(b) of the Listings Requirements of the JSE Limited a listed company is required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the next reporting period will differ by at least 20% from those of the previous corresponding reporting period.



Shareholders are advised that Metrofile?s earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the period ended 30 June 2015 are expected to be within the ranges shown below:

*EPS (cents) : 29,7 to 28,6 cents per share, (June 2014: or a 19% to 22% decrease 36,7c)

*HEPS (cents) 29,9 to 28,9 cents per share, (June 2014: or a 13% to 16% decrease 34,4c)

*Normalised EPS 32,0 to 32,6 cents per share, (June 2014: (cents) or a 7% to 9% increase 29,9c)

*Normalised HEPS(cents) 31,6 to 32,4 cents per share, (June 2014: or a 14% to 17% increase 27,7c)

*Dividend pershare (cents) 21,0c to 22,0c cents per share (June 2014: or a 40% to 47% increase 15,0c)



Metrofile?s earnings in the prior year were favourably impacted by the immediate accounting recognition of the proceeds of a 36 month business interruption insurance claim. As a result, the company will continue to present normalised earnings reflecting the insurance proceeds spread over the indemnity period.



The above information has not been reviewed or reported on by Metrofile?s auditors and the results for the year ended 30 June 2015 are expected to be published on or about Tuesday, 25 August 2015.
05-Aug-2015
(Official Notice)
Shareholders are referred to the announcement dated 14 July 2015 in terms of which shareholders were advised of the resignation of Mr. G B Kimble, with effect from 31 July 2015, as Managing Director of Metrofile (Pty) Ltd., a major subsidiary of the company.



Accordingly, the board of directors of Metrofile Holdings is pleased to advise that Mr. Wayne Clarke has been appointed as Managing Director of Metrofile (Pty) Ltd. with effect from 1 August 2015.



Mr. Clarke has been employed by the group for 15 years, having successfully managed the Port Elizabeth and Cape Town branches of Metrofile (Pty) Ltd.
14-Jul-2015
(Official Notice)
Shareholders are advised that Mr G B Kimble has advised the board of directors of Metrofile (?the Board?) of his intention to resign as Managing Director of Metrofile (Pty) Ltd., a major subsidiary of the company, with effect from 31 July 2015, to pursue personal interests. The process of engaging a suitable replacement has commenced and shareholders will be notified accordingly on completion of the process.
19-Jun-2015
(Official Notice)
Shareholders were advised in November 2014 that the board of directors of the company (?the board?) had decided to reduce the company?s dividend cover to 1.75 times based on normalised HEPS.



The company continues to be highly cash generative. Even after its accelerated capex programme and the reduced dividend cover, it is still under geared relative to its target of maintaining a Debt/EBITDA ratio of at least 1,5 times.



The board is accordingly pleased to advise shareholders that the company?s dividend cover will be further reduced from 1.75 to 1.5 times and that this will be effective for the current financial year ending 30 June 2015.
19-May-2015
(Official Notice)
Shareholders are advised that Graham Wackrill has advised the board of directors of Metrofile (?the Board?) of his intention to retire as Chief Executive Officer with effect from 31 March 2016.



The process of engaging a suitable replacement will be commenced shortly and the generous notice period given by Graham should ensure a seamless handover of responsibilities. The Board would like to thank Graham for his considerable contribution to the group over the past 12 years and wish him well in his new chapter of life. Graham will join the board as a non-executive director in April 2016.

05-Mar-2015
(C)
Revenue for the interim period ended 31 December increased to R338.3 million (2013: R314 million). Earnings before interest, taxation, depreciation and amortisation ("EBITDA") lowered to R103.2 million (2013: R119.7 million). Operating profit before finance costs dropped to R88.1 million (2013: R104.5 million), while profit for the period attributable to owners of the parent decreased to R60.1 million (2013: R73.2 million). Furthermore, headline earnings per ordinary share weakened slightly to 14.1cps (2013: 14.4cps).



Dividends

The Board has continued its strategy to continuously improve dividends whilst ensuring that they are sustainable and reviews the cover periodically. Due to strong cash generation the target dividend cover has been reduced to 1.75 times, as announced by the Board on SENS on 19 November 2014.



An interim gross cash dividend of 9cps in respect of the period ended 31 December 2014 has been declared payable, from income reserves, to the holders of ordinary shares recorded in the books of the company on Friday, 10 April 2015.



Outlook

Metrofile remains confident that it will maintain its position in a challenging economic and business environment, and will continue to seek growth opportunities across all business units, both locally and in the MEA region.
27-Nov-2014
(Official Notice)
Shareholders are advised that the voting results for the annual general meeting ("AGM") of Metrofile held at 09h00 at Summer Place, 69 Melville Road, Hyde Park, 2196, Gauteng all resolutions were passed by the requisite majority of Metrofile shareholders present in person or represented by proxy at the AGM.
19-Nov-2014
(Official Notice)
Shareholders were advised in June 2013 that the Board was of the view that to optimise shareholder returns, interest bearing debt should be maintained at levels in excess of 1.5 times EBITDA.



The group continues to be highly cash generative and current borrowing levels remain below target. The Board has assessed the business acquisition and property program for the period ahead and is pleased to advise shareholders that:

* Dividend cover will be reduced immediately to 1.75 times, and

* The Group will implement a policy of acquiring sufficient shares through the market on an ongoing basis to meet the requirements of the Group?s long term incentive schemes and eliminate the dilution resulting from issuing new shares to satisfy scheme requirements.



These decisions and additional possible measures will remain under continual review by the Board.
04-Nov-2014
(Official Notice)
Shareholders are referred to the announcement dated 25 February 2014 in terms of which shareholders were advised of the intention of Mr. Richard Buttle to resign as Chief Financial Officer with effect from 31 October 2014.



Accordingly, shareholders are advised that Mr. Buttle's resignation from the board of directors has been effected on 31 October 2014.
28-Oct-2014
(Official Notice)
Shareholders of Metrofile are advised that the audited annual financial statements of the Company for the financial year ended 30 June 2014 ("the Annual Financial Statements"), were posted to Shareholders today.



The Company has not published an abridged report at this date as the audited financial information released on the Securities Exchange News Service on Monday, 1 September 2014, remains unchanged.



Notice is hereby given that the annual general meeting of Shareholders will be held at 09h00 on Wednesday, 26 November 2014 at Summer Place, 69 Melville Road, Hyde Park, Johannesburg to transact business as stated in the notice of annual general meeting of Shareholders, circulated together with the Annual Financial Statements.

08-Oct-2014
(Official Notice)
Shareholders are advised that Metrofile has, through a wholly owned subsidiary, acquired a 60% interest in E-file Masters LLC a company registered in Abu Dhabi and operating in the United Arab Emirates. In addition Metrofile has acquired a 60% interest in FlexiFile Limited a company registered in Zambia and operating in Lusaka.



Both acquisitions are involved in the records management industry inclusive of software, image processing and physical document storage. The acquisitions are aligned with the strategic growth objective of geographical expansion into Africa and the Middle East.



The acquisitions, due to their size, fall below the transaction thresholds as set out in the Listings Requirements of JSE Limited and therefore do not require any formal disclosure. However, the Board would like to advise shareholders of these important strategic acquisitions.
01-Sep-2014
(C)
Revenue for the year rose to R675.3 million (R590.2 million). EBITDA shot up to R252.9 million (R187.5 million). Operating profit before finance costs jumped to R222.4 million (R159.8 million). Profit attributable to owners increased to R154.8 million (R106.8 million). Furthermore, headline earnings per share grew to 34.4 cents per share (25.5 cents per share).



Dividend

The continued improvements in the group's financial structure and cash flows have enabled the board to improve the dividend cover, for the full year, from 2.3 times in the comparative year to approximately 2.0 times for the current year whilst simultaneously reducing net debt. The cover is based on Normalised EPS.



Notice is hereby given that a final gross cash dividend of 8.0 cents per share in respect of the year ended 30 June 2014 has been declared payable to the holders of ordinary shares recorded in the books of the company on Friday, 3 October 2014. T



Outlook

Several new offerings, the securing of contracts as well as the African and Middle East expansions have Metrofile well positioned for the year ahead. Taking into account the fact that the group has received an upfront payment for the next 27 months in respect of business interruption insurance proceeds it is expected that the group will see a continuation of its growth in Normalised revenue, Normalised EBITDA, Normalised earnings and dividends in year ahead.
26-Aug-2014
(Official Notice)
Shareholders are advised that Metrofile's earnings per share (EPS) and headline earnings per share (HEPS) for the period ended 30 June 2014 are expected to be between 37% and 45% and between 28% and 36% higher than the previous corresponding reporting period of 25,5 cents per share.



Metrofile?s earnings have been favourably impacted by the proceeds of an insurance claim i.r.o a fire, which occurred in October 2013, in Kwa-Zulu Natal. As a result the company is also presenting normalised earnings due to the fact that the 36 months business interruption proceeds have to be accounted for immediately and cannot be spread over indemnity period. Accordingly, shareholders are advised that Metrofile?s normalised earnings per share and normalised headline earnings per share for the period ended 30 June 2014 are expected to be between 15% and 19% and between 7% and 10% higher than the previous corresponding reporting period of 25,5 cents per share.



The above information has not been reviewed or reported on by Metrofile?s auditors and the results for the year ended 30 June 2014 are expected to be published on or about Monday, 1 September 2014.

01-Aug-2014
(Official Notice)
Shareholders are referred to the announcement dated 25 February 2014 in terms of which shareholders were advised of the intention of Mr Richard Buttle to resign as Chief Financial Officer with effect from 31 October 2014. Accordingly, the Board of Directors of Metrofile advised that Mr Mark McGowan CA(SA) has been appointed to the Metrofile Board as the Chief Financial Officer with effect from 1 August 2014 in place of Richard Buttle, who remains on the Board as an executive director until 31 October 2014.
25-Mar-2014
(Official Notice)
Shareholders are advised that Mark McGowan CA(SA) will be joining the Company on 1st August 2014 as a director and as the Chief Financial Offer (CFO) to replace the current CFO, who will be leaving the Company on the 31st October 2014 as advised in the SENS announcement of the 25th February 2014.

26-Feb-2014
(C)
Revenue rose to R314 million (R281.7 million) and earnings before interest, taxation, depreciation and amortisation ("EBITDA") improved to R104.2 million (R90.1 million). Operating profit before finance costs grew to R104.5 million (R77 million), while profit for the period attributable to ordinary shareholders increased to R73.2 million (R50.4 million). Furthermore, headline earnings per share was up to 14.4cps (12cps).



Dividend

Notice is hereby given that an interim gross cash dividend of 7cps in respect of the period ended 31 December 2013 has been declared.



Outlook

Metrofile remains optimistic of continued growth across all business units, inclusive of the rest of Africa, which will see future growth in revenue, EBITDA, earnings and dividends. This statement has not been reviewed or audited by Metrofile's auditors.

25-Feb-2014
(Official Notice)
Shareholders are advised that Richard Buttle has advised the board of his intention to resign as Chief Financial Officer with effect from 31 October 2014. The process of engaging a suitable replacement is underway and the generous notice period given by Richard should ensure a seamless handover of responsibilities.
24-Feb-2014
(Official Notice)
Further to the Trading Statement released on SENS on 4 February 2014, shareholders are advised that Metrofile's headline earnings per share ("HEPS") for the period ended 31 December 2013 is expected to be 20% higher than the previous corresponding reporting period ie 14.4cps.



Metrofile's earnings per shares ("EPS") have been impacted by the insurance claim iro the Kwa-Zulu Natal fire, which occurred in October 2013. The claim is in the final stages and the quantum is yet to be finalised. As a result the range for the EPS is broader and is expected to be between 39% and 49% higher than the previous corresponding period ie between 16.8 and 18.0cps.



The above information has not been reviewed or reported on by Metrofile's auditors and the results for the six months ended 31 December 2013 are expected to be published on or about Wednesday, 26 February 2014.
04-Feb-2014
(Official Notice)
Shareholders are advised that Metrofile's headline earnings per share ("HEPS") for the period ended 31 December 2013 are expected to be between 20% and 24% higher than the previous corresponding reporting period i.e. between 14.5 and 15 cents per share. Metrofile's earnings per shares ("EPS") cannot be determined as yet due to the fact that the quantum of the insurance claim i.r.o the Kwa-Zulu Natal fire, which occurred in October 2013, has yet to be finalised. However due to the effect of the accrual for the claim, EPS are expected to be more than 30% higher than the previous corresponding period. A further trading statement in this regard will be issued in due course. The results for the six months ended 31 December 2013 are expected to be published on or about Wednesday, 26 February 2014.
09-Dec-2013
(Official Notice)
Shareholders of Metrofile Holdings are advised that Carl Coutts-Trotter has resigned as an alternate director to Christopher Seabrooke with immediate effect. With effect from 1 January 2014, Mrs Sindiswa Zilwa will become a member of the Social, Ethics and Transformation Committee in addition to the Audit, Governance and Risk Committee.

29-Nov-2013
(Official Notice)
Shareholders of Metrofile ("Shareholders") are advised that at the annual general meeting of Shareholders held today, 29 November 2013, ("the Annual General Meeting"), all the ordinary and special resolutions as set out in the notice of Annual General Meeting dated 31 October 2013, were approved by the requisite majority of Shareholders present or represented by proxy thereat.



The special resolutions passed at the Annual General Meeting will be filed with, and registered where required, by the Companies and Intellectual Property Commission.
31-Oct-2013
(Official Notice)
Shareholders of Metrofile (Shareholders) are advised that the integrated annual report, including the audited annual financial statements of the Company for the financial year ended 30 June 2013 (the Integrated Annual Report), were posted to Shareholders today.The Company has not published an abridged report at this date as the preliminary audited results released on the Stock Exchange News Service of the JSE Limited on Tuesday, 3 September 2013, remain unchanged.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of Shareholders will be held at 09h30 on Friday, 29 November 2013 at Summer Place, 69 Melville Road, Hyde Park, Johannesburg to transact business as stated in the notice of annual general meeting of Shareholders, circulated together with the Annual Financial Statements.
14-Oct-2013
(Official Notice)
The Board of Directors of Metrofile advised stakeholders that a fire occurred at one of the Metrofile Records Management Kwa-Zulu Natal facilities on Friday evening, 11 October 2013. The fire was contained by the following day and fortunately no one was injured.



The company has successfully activated its business continuity and disaster recovery plan.



The company is working with relevant authorities and has commenced a full investigation to determine the cause of the incident, as well as which client records have been affected. All clients whose records have been affected will be contacted directly.



All operating systems and data have been moved to an alternate site and are up and running. The offices, imaging bureau, management of backup tapes and hard drives were not impacted although delays in delivery will occur in the week ahead due to limited access to the site.



The company is insured for occurrences of this nature and has notified insurers accordingly.
03-Sep-2013
(C)
Revenue increased to R590.2 million (R523.7 million). Earnings before interest, taxation and depreciation and amortisation (EBITDA) rose to R187.5 million (R171.1 million). Net attributable profit was higher at R106.8 million (R89.5 million). In addition, headline earnings per ordinary grew to 25.5cps (21.7cps).



Dividend

A final gross ordinary dividend of 6.5cps has been declared.



Outlook

Metrofile remains well positioned to expand its services geographically and through additional offerings which will see a continuation of its growth in revenue, EBITDA, earnings and dividends in the year ahead. Further, the pattern of growth continues to reflect the largely non-cyclical nature of our primary business units.
22-Aug-2013
(Official Notice)
The board of directors of Metrofile advised shareholders that Metrofile has secured premises in Lagos, Nigeria thereby enabling the opening of the business following the successful establishment of a legal entity, employment of a General Manager and securing of its first client. The business is 100% owned by Metrofile



Following the success of Metrofile Mozambique the Nigerian business unit is expected to contribute to profitability within 24 months of opening.
24-Jul-2013
(Official Notice)
Shareholders of Metrofile are advised that at the general meeting of shareholders held on 24 July 2013, the special and ordinary resolutions relating to the approval and adoption of a new memorandum of incorporation to replace the existing memorandum and articles of association of Metrofile, were passed by the requisite majority of shareholders present or represented by proxy. The special resolution will be lodged with the Companies and Intellectual Properties Commission in due course.
02-Jul-2013
(Official Notice)
Shareholders were advised that a circular, incorporating a notice of general meeting, has been posted today, 2 July 2013 setting out details regarding the adoption of a new memorandum of incorporation to replace the existing memorandum and articles of association of Metrofile.



The general meeting of shareholders will be held at MIC Place, 4 Eton Road, Parktown, 2193 on Wednesday, 24 July 2013 at 08h30.



The record date for voting at the general meeting is Friday, 19 July 2013.
05-Jun-2013
(Official Notice)
The board of directors of Metrofile is pleased to advise shareholders that the following policy decisions have been taken:

*dividend cover is reduced to 2.25 times with effect for the financial year ending 30 June 2013 due to the group's continued strong generation of free cash flow; and

*as a guideline a minimum level of debt of 1.5 times EBITDA will be maintained to continue to leverage shareholder returns.



The above information has not been reviewed by our auditors and does not reflect any forecast of our earnings.
01-Mar-2013
(Official Notice)
With effect from 1 March 2013, the Nomination and Remuneration Committee will be split in line with King 3 and the Listings Requirements of the JSE Ltd.



As such the Nomination Committee will be chaired by Mr Chris Seabrooke with Mr Nigel Matthews and Mrs Mary Bomela as members.



The Remuneration Committee will be chaired by Mrs Mary Bomela with Messrs Chris Seabrooke and Nigel Matthews as members.
27-Feb-2013
(C)
Revenue rose to R281.7 million (R252.6 million) and earnings before interest, taxation, depreciation and amortisation ("EBITDA") improved to R90.1 million (R81.6 million). Operating profit before finance costs grew to R77 million (R70.7 million), while profit for the period attributable to ordinary shareholders increased to R50.4 million (R41.6 million). Furthermore, headline earnings per share was up to 12cps (10.1cps).



Dividend

Notice is hereby given that an interim gross cash dividend of 4.5 cents per share in respect of the period ended 31 December 2012 has been declared.



Outlook

Despite both local and global economic challenges impacting the business environment, the group's widening range of records management and data protection related services gives rise to the optimism of continued future growth in earnings, cash flows and dividends.

27-Nov-2012
(Official Notice)
Shareholders of Metrofile (Shareholders) are advised that at the Annual General Meeting of Shareholders held yesterday (the Annual General Meeting), all the ordinary and special resolutions as set out in the notice of Annual General Meeting dated 23 October 2012, were approved by the requisite majority of Shareholders present or represented by proxy. The special resolutions passed at the Annual General Meeting will be filed with, and registered where required, by the Companies and Intellectual Property Commission.
29-Oct-2012
(Official Notice)
Shareholders of Metrofile were advised that the audited annual financial statements of the company for the financial year ended 30 June 2012 ("the Annual Financial Statements") were posted to shareholders on Monday, 29 October 2012. The company has not published an abridged report at this date as the audited financial information released on SENS on Thursday, 30 August 2012, remains unchanged.



Notice was also given that the annual general meeting of Shareholders will be held at 10h00 on Monday, 26 November 2012 at Summer Place, 69 Melville Road, Hyde Park, Johannesburg to transact business as stated in the notice of annual general meeting of shareholders, circulated together with the Annual Financial Statements.
23-Oct-2012
(Official Notice)
Shareholders are advised that the JSE has approved the listing of an additional 4 082 536 ordinary shares of 0.6146 cents each with effect from the commencement of business on Tuesday, 23 October 2012, at an issue price of 393 cents per share. The shares were issued in order to settle and deliver shares to participants of the Share Appreciation Rights scheme and the Deferred Bonus Plan.
17-Oct-2012
(Official Notice)
The board of directors of Metrofile advised shareholders that Ms Sindi Zilwa B.Compt Hons, CTA, CA (SA) has been appointed an Independent Non-Executive Director of Metrofile and a member of its Audit, Governance and Risk Committee with immediate effect.
12-Oct-2012
(Official Notice)
Shareholders were advised that Mrs Ndumi Medupe has resigned from the board of directors of Metrofile with effect from 12 October 2012.
30-Aug-2012
(Official Notice)
Revenue increased to R523.7 million (R460.6 million). EBITDA rose to R171.1 million (R146.2 million).Operating profit before finance costs improved to R147.9 million (R127.1 million). Net attributable profit was higher at R89.5 million (R73.9 million). In addition, headline earnings per share grew to 21.7c (18.1cps).



Dividend

A final gross ordinary dividend of 4.5cps has been declared.



Outlook

Being a trusted brand with expanding services and a stable, non-cyclical, business model Metrofile is well-positioned to continue its growth in revenue, EBITDA, earnings and dividends in the year ahead.
26-Jul-2012
(Official Notice)
Shareholders are advised that Metrofiles headline earnings per share ("HEPS") and earnings per shares ("EPS") for the year ending 30 June 2012 are expected to be between 18% and 21% higher than the previous corresponding reporting period i.e. between 21.4 and 21.9 cents per share.



Dividend

The board intends to recommend a final dividend of 4.5 cents per share making a total of 7.5 cents (2011: 4.5 cents) for the full year, an increase of 67%.



Metrofile will release its results for the year ended 30 June 2012 on or about 30 August 2012.
30-Mar-2012
(Official Notice)
Shareholders were advised that Messrs Paul Nkuna and Roy Midlane are retiring from the board of directors of Metrofile with effect from 30 March 2012. The new CEO, Mrs Mary Bomela, was appointed to the board in 2010 and takes the position of deputy chairperson of the group and chairperson of its major operating subsidiary with effect from 30 March 2012. In addition, Ms Phumzile Langeni, has been appointed to the board as an independent non-executive director and as a member of the audit and risk committee with effect from 30 March 2012.
16-Feb-2012
(C)
Revenue rose to R252.6 million (R220 million) and earnings before interest, taxation, depreciation and amortisation ("EBITDA") improved to R81.6 million (R68.3 million). Operating profit before finance costs grew to R70.7 million (R59.2 million), while profit for the period attributable to ordinary shareholders increased to R41.6 million (R34 million). Furthermore, headline earnings per share enhanced to 10.1cps (8.3cps).



Dividend

An interim cash dividend of 3.0cps in respect of the period ended 31 December 2011 has been declared.



Outlook

The continued need for reliable and cost effective records management, the group's unique capacity to handle volume requirements in storage and access, the widening range of related services offered (such as on-site confidential destruction) and the market requirements for solution orientated integrated offerings are all factors in our optimism for continued future growth in earnings, dividends and cash flows.
01-Feb-2012
(Official Notice)
Shareholders are advised that Metrofile's headline earnings per share ("HEPS") and earnings per shares ("EPS") for the period ended 31 December 2011 are expected to be between 18% and 22% higher than the previous corresponding reporting period i.e. between 9.8 and 10.1 cents per share.



Dividend

Shareholders are advised that Metrofile's interim dividend per share ("DPS") is expected to be 50% higher than the previous corresponding interim dividend i.e. 3.0 cents per share.



The company will release its interim results for the period ended 31 December 2011 on or about 16 February 2012.
28-Nov-2011
(Official Notice)
Shareholders of Metrofile were advised that at the annual general meeting ("AGM") of shareholders, all the ordinary and special resolutions as set out in the notice of annual general meeting dated 28 October 2011, were approved by the requisite majority of Shareholders present or represented by proxy. The special resolutions passed at the AGM will be filed with, and registered where required, by the Companies and Intellectual Property Commission.



During a brief business review the CEOr commented that all divisions are trading in line with expectations and specific mention was made regarding the positive growth in respect of revenue streams derived from governance and compliance. A delay in the commencement of the Nigerian operation, due to an issue regarding the proposed premises is in the process of being resolved.
28-Nov-2011
(Official Notice)
Shareholders of Metrofile were advised that Mr Leon Thompson has resigned as company secretary, with immediate effect, so as to focus on his role as the general manager for the Pretoria Metrofile Records Management division. The Board thanks Mr Thompson for his contribution over the past years and welcomes Mrs Paige Atkins who has been appointed as company secretary with effect from 28 November 2011.
31-Oct-2011
(Official Notice)
Shareholders of Metrofile ("Shareholders") are advised that the audited annual financial statements of the company for the financial year ended 30 June 2011 ("the Annual Financial Statements"), were posted to Shareholders today, 31 October 2011.

The company has not published an abridged report at this date as the audited financial information released on the Securities Exchange News Service on Wednesday, 31 August 2011, remains unchanged. Notice is hereby given that the annual general meeting of Shareholders will be held at 09h30 on Monday, 28 November 2011 at Summer Place, 69 Melville Road, Hyde Park, Johannesburg to transact business as stated in the notice of annual general meeting of Shareholders, circulated together with the Annual Financial Statements.
31-Aug-2011
(C)
Revenue increased to R460.6 million (2010: R409.6 million). Earnings before interest, taxation and depreciation and amortisations (EBITDA) rose to R146.2 million (2010: R126.4 million), operating profit before finance costs grew to R127.1 million (2010: R111.6 million), while profit attributable to owners of the parent jumped to R73.9 million (2010: R52.9 million). Furthermore, headline earnings per ordinary share was higher at 18.1cps (2010: 13.1cps).



Dividend

A final cash dividend of 2.5cps was declared.



Outlook

The partial recovery in the economy, the growing need for reliable and cost- effective records management, the group's unique capacity to handle volume requirements in storage and access, the widening range of related services offered (such as on-site confidential destruction) and the opportunities to partner existing customers as the basis of expansion across Africa are all factors in our optimism for continued future growth in earnings, dividends and cash flows. Further, our pattern of growth continues to reflect the largely non- cyclical nature of our primary business units.
04-Aug-2011
(Official Notice)
At the general meeting of the shareholders of Metrofile Holdings held on 4 August 2011, the special resolutions pertaining to the following, were unanimously approved:

* financial assistance to related or inter-related entities within the company; and

* payment of non-executive directors' fees and fees to related entities.
14-Jul-2011
(Official Notice)
Shareholders were referred to the cautionary announcements dated 24 May 2011 and 6 July 2011 respectively and are advised that caution is no longer required to be exercised by shareholders when dealing in their securities as discussions which may have had a material effect on the price of Metrofile shares, have been terminated.
06-Jul-2011
(Official Notice)
Metrofile shareholders ("Shareholders") are referred to the cautionary announcement published on SENS on 24 May 2011 and in the South African press on 26 May 2011, and are advised that discussions are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
04-Jul-2011
(Official Notice)
Notice was given that a general meeting of Metrofile shareholders will be held at 09:30 at Sabvest, Ground Floor, Building Four, 39 Rivonia Road, Sandhurst on 4 August 2011.
21-Jun-2011
(Official Notice)
Shareholders are advised that headline earnings per share ("HEPS") and earnings per shares ("EPS") for the year ending 30 June 2011 are expected to be between 33% and 39% higher than the previous corresponding reporting period i.e. between 17.4 and 18.2 cents per share.



Normalised HEPS for the year ending 30 June 2011 are expected to be between 19% and 25% higher than the previous corresponding reporting period i.e. between 17.4 and 18.2 cents per share. Normalised HEPS are calculated by excluding the impact of non-recurring costs and fair value adjustments relating to interest rate swaps which do not comply with hedge accounting requirements.



The board intends to recommend a final dividend of 2.5 cents per share making a total of 4.5 cents for the full year. The information on which this announcement has been based has not been reviewed or reported on by the group's auditors.

24-May-2011
(Official Notice)
Shareholders are advised that Metrofile Holdings is in advanced discussions concerning a material acquisition which, if concluded, may have an effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made or this cautionary is withdrawn.
19-Apr-2011
(Official Notice)
The board has confirmed the appointment of Mr Carl Coutts-Trotter (35) BBusSc (Actuarial Science), FASSA, FIA(UK) as an alternate director to Mr Christopher Seabrooke, with effect from (date) 2011.
10-Mar-2011
(C)
Revenue increased by 11.5% to R220 million (R197.3 million) and EBITDA by 9.6% to R68.3 million (R62.3 million) whilst a new debt package and more favourable interest rates resulted in lower finance costs. Operating profit surged to R59.2 million (R55.3 million). Net attributable profit improved to R34 million (R25.4 million). In addition, headline earnings per share ("HEPS") grew by 31.7% to 8.3c (6.3cps).



Dividend

An interim ordinary dividend of 2cps has been declared.



Outlook

Metrofile expects to continue to grow revenue, EBITDA and HEPS in the period ahead and anticipates similar growth to the first half for the year as a whole. The recovery in the economy has enhanced opportunities for the group. However, clients are still cautious in committing spend to project related business.
14 Jan 2011 08:54:40
(Official Notice)
Shareholders are advised that headline earnings per share ("HEPS") and earnings per shares ("EPS") for the period ending 31 December 2010 are expected to be between 26% and 33% higher than the previous corresponding reporting period. (Expected HEPS and EPS between 8.0 and 8.3 cents per share) Normalised HEPS for the period ending 31 December 2010 are expected to be between 12% and 17% higher than the previous corresponding reporting period. (Expected Normalised HEPS between 8.0 and 8.3 cents per share). Normalised HEPS are calculated by excluding the impact of non-recurring costs and fair value adjustments relating to interest rate swaps which do not comply with hedge accounting requirements.



Dividend

The board intends to recommend a maiden interim dividend of 2 cents per share.
01 Dec 2010 10:29:17
(Official Notice)
Shareholders are advised that, at the AGM held at the Southern Sun Grayston Sandton, corner Grayston Drive and Rivonia Road, Sandton, Johannesburg, Gauteng on Monday, 30 November 2010, all the ordinary resolutions set out in the Notice of AGM, dated 8 November 2010, were passed by the requisite majority of shareholders. During a brief business review the Chief Executive Officer commented that all operations are on track and all expectations for the year remain positive.
08 Nov 2010 17:09:50
(Official Notice)
Shareholders of Metrofile were advised that the audited annual financial statements of the company for the financial year ended 30 June 2010 were posted to shareholders on 8 November 2010. The company has not published an abridged report at this date as the audited financial information published on SENS and in the press on 3 September 2010 is unchanged and an abridged report was sent to all shareholders on this date.



Notice was also given that the annual general meeting of Metrofile shareholders will be held at 9h30 on Tuesday, 30 November 2010 at Southern Sun, Grayston Sandton, cnr Grayston and Rivonia Rd, Sandown, Johannesburg, Gauteng to transact business as stated in the notice of annual general meeting of shareholders circulated together with the annual financial statements.
09 Sep 2010 09:00:44
(Official Notice)
The board advised shareholders that Mrs Mary Sina Bomela was appointed to the board of the company as a non-executive director with effect from 8 September 2010.
03 Sep 2010 17:18:46
(C)
Revenue increased by 10.4% to R409.6 million (June 2009: R371.1 million), and EBITDA by 7.1% to R126.4 million (June 2009: R118 million). Headline earnings per share increased by 22.4% to 13.1cps (June 2009: 10.7cps) although the more relevant measure is normalised HEPS, which increased by 14.1% to 14.6cps (June 2009: 12.8cps).



Outlook

The recent acquisitions support our growth plans and expand our offering to our customers, the benefits of which will manifest over time. Not withstanding the challenges in the current economic environment, the group expects continued steady growth in revenue, EBITDA and normalised HEPS. This statement has not been reviewed or audited by Metrofile's auditors.
29 Jun 2010 17:52:39
(Official Notice)
Shareholders are advised that HEPS and EPS for the year ending 30 June 2010 are expected to be between 22% and 31% higher than the 10.7cps of the previous reporting period. Normalised HEPS for the year ending 30 June 2010 are expected to be between 13% and 21% higher than the 12.8cps for the previous reporting period.
13 Apr 2010 16:30:17
(Official Notice)
The board of directors advised shareholders that Metrofile Holdings has concluded arrangements with The Standard Bank of South Africa Ltd for the early refinancing of its existing senior and mezzanine debt facilities, totalling R237 million, which were originally due to be repaid by August 2012. The new debt facilities comprise senior debt only of which R150 million is an amortising loan over six years and R87 million is a bullet loan which will be serviced quarterly and is repayable in April 2016. The interest rates applicable are 3month JIBAR +300bps and 3month JIBAR +360bps respectively. In addition, capex facilities of R47 million have been negotiated which will fund the group's expansionary building and related capex requirements in South Africa until 2013. The board anticipates that in the 2010/2011 financial year it will be able to commence the payment of dividends to shareholders for the first time.
13 Apr 2010 15:57:48
(Official Notice)
The board of directors advised shareholders that Metrofile Holdings had concluded arrangements with The Standard Bank of South Africa Ltd for the early refinancing of its existing senior and mezzanine debt facilities, totalling R237 million, which were originally due to be repaid by August 2012. The new debt facilities comprise senior debt only of which R150 million is an amortising loan over six years and R87 million is a bullet loan which will be serviced quarterly and is repayable in April 2016. The interest rates applicable are three month JIBAR +300bps and three month JIBAR +360bps respectively. In addition, capex facilities of R47 million have been negotiated which will fund the group's expansionary building and related capex requirements in South Africa until 2013. The board anticipates that in the 2010/2011 financial year it will be able to commence the payment of dividends to shareholders for the first time.
03 Mar 2010 17:54:46
(C)
Revenue increased by 9.8% to R197.3 million (2008: R179.7 million), and EBITDA increased by 7.3% to R62.3million (2008: R58 million). Profit attributable to owners of parent was up to R25.4 million (2008: R17.5 million).Headline earnings per share increased to 6.30cps (2008: 4.40cps).



Dividend

No dividends have been declared for the current period. It is not the company's intention to declare or pay dividends in the foreseeable future.



Prospects

Metrofile's focus is to continue cross selling the group's diverse range of services whilst expanding its footprint into smaller cities within South Africa, the first of which will be Nelspruit. Government opportunities remain a primary strategic focus and the acquisitions concluded within the reporting period will enhance the group's service offering to all clients. Metrofile's growth strategy includes continuation of the expansion into Africa where demand is driven by both existing customers that have a need for similar services to those received in South Africa, and the business requirement to improve efficiencies and comply with best practice in terms of international standards. Metrofile is operating ahead of expectations in Mozambique and, notwithstanding delays in the start up process, expect to be established in Nigeria before the end of the current financial year. The recent acquisitions support Metrofile's growth plans and expand offering to customers, the benefits of which will manifest over time. Notwithstanding the challenges in the current economic environment, the group expects steady growth in revenue, EBITDA and normalised HEPS. Working capital management, cost savings and cash flow remain key focus areas whilst striving to grow revenues in line with our strategic plans. The above information has not been reviewed or reported on by the company's auditors.
12 Feb 2010 15:33:07
(Official Notice)
Shareholders are advised that the headline earnings per share and earnings per share for the period ended 31 December 2009 are expected to be between 38% and 47% higher than the 4.4 cps of the previous corresponding reporting period.



Normalised HEPS for the period ended 31 December 2009 are expected to be between 13% and 19% higher than the 6.2 cps of the previous corresponding reporting period. Normalised HEPS are calculated by excluding the impact of non recurring costs, and fair value adjustments relating to interest rate swaps that were not hedge accounted but which related to the group's interest bearing debt.
15 Dec 2009 14:38:26
(Official Notice)
Shareholders are advised that the JSE Ltd ("JSE") has approved the listing of an additional 6 557 377 ordinary shares of 0.6146 cents each with effect from the commencement of business on Tuesday 15 December 2009, at an issue price of 122.00 cents per share. The shares are being issued in terms of a vendor consideration placing as defined in the JSE's Listings Requirements pursuant to the acquisition of a 55% stake in a document destruction company, Cleardata (Pty) Ltd. The shares were placed with CoroCapital Ltd("Corocap") and results in Corocap's overall shareholding in Metrofile Holdings increase to 10.90%.
01 Dec 2009 09:57:08
(Official Notice)
Shareholders are advised that, at the AGM held at the Southern Sun Grayston Sandton, corner Grayston Drive and Rivonia Road, Sandton, Johannesburg, Gauteng on Monday, 30 November 2009, all the ordinary resolutions set out in the notice of AGM, dated 9 November 2008, were passed by the requisite majority of shareholders.
09 Nov 2009 14:10:41
(Official Notice)
Shareholders of Metrofile are advised that the audited annual financial statements of the company for the financial year ended 30 June 2009 were posted to shareholders on 9 November 2009. The company has not published an abridged report at this date as the audited financial information published on the SENS on 2 September 2009 and in the press on 3 September 2009, is unchanged and an abridged report was sent to all shareholders on this date.



Notice is hereby given that the annual general meeting of Metrofile shareholders will be held at 9h30 on Monday, 30 November 2009 at Southern Sun Grayston Sandton, corner Grayston Drive and Rivonia Road, Sandton, Johannesburg, Gauteng, to transact business as stated in the notice of annual general meeting of shareholders circulated together with the annual financial statements.
23 Oct 2009 15:41:09
(Official Notice)
The JSE Ltd ("JSE") has approved the listing of an additional 3 076 923 ordinary shares of 0.6146 cents each with effect from the commencement of business on Friday 23 October 2009, at an issue price of 130cps. The shares are being issued in terms of a vendor consideration placing as defined in the JSE's Listings Requirements pursuant to the acquisition of a records management company, Infovault (Pty) Ltd. The shares were placed with Metrofile Holdings' black empowerment investment partner, the Mineworkers Investment Company ("MIC") and results in MIC's overall unencumbered shareholding in Metrofile Holdings increase to 33.0%, expanding its status as the single biggest shareholder in the company.
02 Sep 2009 17:02:44
(C)
Revenue increased by 12.5% to R371.1 million (R329.9 million) and EBITDA increased by 11% to R118 million. Net attributable profit declined substantially to R42.1 million (R59.3 million). Headline earnings per share reduced by 25.7% to 10.7cps (14.4cps).



Outlook

A number of opportunities are currently being pursued which will lead to further growth in the existing business and the expansion of the service range and African footprint. The group therefore expects steady growth in EBITDA and in normalised HEPS, notwithstanding the slowdown in the economy.
07 Aug 2009 13:20:49
(Official Notice)
Shareholders are advised that the headline earnings per share ("HEPS) and earnings per share ("EPS") for the year ended 30 June 2009 will be up by 14.4% and 15.1% respectively. Audited results will be released on or about 2 September 2009.
22 Jul 2009 15:36:07
(Official Notice)
Shareholders are advised that the JSE Ltd has approved the listing of an additional 4 454 343 ordinary shares of 0.6146c each with effect from the commencement of business on Wednesday 22 July 2009, at an issue price of 89.80cps. The shares are being issued in terms of a vendor consideration placing as defined in the JSE's Listings Requirements pursuant to the acquisition of KwaZulu-Natal based specialist image processing provider, Innovative Document Management. The shares were placed with Metrofile Holdings' black empowerment investment partner, the Mineworkers Investment Company ("MIC") and results in MIC's overall unencumbered shareholding in Metrofile Holdings increase to 32.8%, expanding its status as the single biggest shareholder in the company.
18 Jun 2009 07:18:11
(Media Comment)
The Financial Mail reported that Metrofile is doing surprisingly well despite the fact that the company had millions in debt that was not of its own making. However, despite paying down more than half of its debt the company is not yet ready to pay a dividend. CEO Graham Wackrill says that Metrofile will not change its dividend policy until all its creditors are repaid. On growth opportunities, Wackrill commented that the company would like to expand in Nigeria, with Nigeria a target market.
27 Feb 2009 15:36:51
(Official Notice)
The board is pleased to advise shareholders that Ms Cynthia Nomsa Mapaure (Zimbabwe) has been appointed to the board of the company as a non-executive director with effect from 27 February 2009. Ms Mapaure (31) is the financial director of Mineworkers Investment Company (Pty) Ltd with responsibility for finance and strategy. She is also a non-executive director of Primedia Holdings 1 Ltd and Setpoint Technology Holdings Ltd, and an alternate director of British Petroleum SA (Pty) Ltd and Masana Petroleum Solutions (Pty) Ltd.
25 Feb 2009 17:38:02
(C)
Revenue increased by 10% to R179.7 million and EBITDA increasing by 9% to R58.0 million. Headline earnings per share reduced by 19% to 4.44c. No dividends have been declared for the current period. It is not the company's intention to declare or pay dividends in the foreseeable future.



Prospects

The slowdown in the economy is not expected to have any material effect on the group's steady growth in EBITDA and in normalised HEPS. There will, however, be a time lag between the costs incurred for new storage and service facilities and the returns generated by these facilities. This will have an effect on this period's operating margins.
01 Dec 2008 16:25:57
(Official Notice)
Shareholders are advised that, at the AGM held at the Southern Sun, Grayston, Sandton, corner Grayston and Rivonia Road, Sandown, Johannesburg, Gauteng on Monday, 1 December 2008, all the ordinary resolutions set out in the notice of AGM, dated 5 November 2008, were passed by the requisite majority of shareholders.
28 Nov 2008 15:47:32
(Official Notice)
In the 2008 annual report, two different venues were recorded for the annual general meeting on 1 December 2008 at 09h30. This was corrected in the "no change statement" issued on SENS on 6 November 2008 and also in a subsequent advice to shareholders dispatched on 11 November 2008. Metrofile again confirms to shareholders that the venue for the meeting on 1 December 2008 at 09h30 is Southern Sun, Grayston Sandton, corner Grayston and Rivonia Road, Sandown, Johannesburg, Gauteng.
06 Nov 2008 13:44:20
(Official Notice)
Shareholders of Metrofile are advised that the audited annual financial statements of the company for the financial year ended 30 June 2008 were posted to shareholders on 5 November 2008. The company has not published an abridged report at this date as the audited financial information published on SENS and in the press on 1 September 2008 is unchanged and an abridged report was sent to all shareholders on this date. Notice is hereby given that the annual general meeting of Metrofile shareholders will be held at 9:30 on Monday, 1 December 2008 at Southern Sun, Grayston Sandton, cnr Grayston and Rivonia Rd, Sandown, Johannesburg, Gauteng to transact business as stated in the notice of annual general meeting of shareholders circulated together with the annual financial statements.
09 Oct 2008 16:28:01
(Official Notice)
Metrofile Holdings shareholders are advised that at the general meeting of shareholders held on Thursday, 9 October 2008 both the ordinary resolutions as stated in the notice of general meeting of shareholders, circulated together with the circular to shareholders regarding the adoption of a share appreciation right scheme and a deferred bonus plan, were passed by the requisite majority of shareholders.
15 Sep 2008 17:14:23
(Official Notice)
Shareholders are advised that Keshan Pillay has resigned as a director of Metrofile Holdings with immediate effect. Keshan has been a director of the company since October 2005 and the board of directors of the company extends its appreciation for his services to the group over the past three years.
01 Sep 2008 17:16:52
(C)
Results for the year showed revenue increasing by 10% to R329.9 million (R299.7 million) and EBITDA rising to R106.3 million (R101.8 million). Attributable profit increased by 51.3% to R59.3 million (R39.2 million). Headline earnings per share was 14.4cps (13.9cps).



Dividend

No dividend has been declared.



Prospects

The slowdown in the economy is not expected to have any material effect on the group's prospects. Accordingly, Metrofile expects satisfactory growth in revenue and EBITDA in the year ahead. However, net interest costs will increase due to the capital expansionary programme and there will be a time lag between the completion of the new facilities and the generation of additional revenue.
27 Jun 2008 10:26:09
(Official Notice)
The board of directors is pleased to announce that the final legacy issue arising from the former MGX Group has been resolved. A short term provision of R12.5 million no longer required will be released and will effect the current year earnings per share and headline earnings per share. In 2004 the company sold its interest in a foreign subsidiary Didata Ltd. In terms of the disposal agreement the company is entitled to additional proceeds should the new owner dispose the acquired interest in Didata Ltd before a certain date. The new owner recently sold its interest in Didata Ltd and as a result an amount of R2.4 million was received by the company. This transaction will have no material effect on the current year EPS.
29 Feb 2008 08:14:08
(C)
The results for the first six months were in line with expectations. Revenue increased by 9.1% to R163.5 million and EBITDA increased by 11.7% to R53.3 million. Headline earnings per share were 5.5 cents (2006: 9.4 cents) and earnings per share were 5.5 cents (2006: 9.5 cents). Shareholders should note that the 2006 results were stated after accounting for a number of once off items. To assist shareholders, it has been calculated that if the refinancing and issue of new shares had taken place on 1 July 2006, and if there had been no exceptional items, capital gains, reversal of tax provisions or interest on provisions for claims still unresolved, then HEPS and EPS on the full number of shares now in issue would have been 3.5 cents for the six-month period ended 31 December 2006 and 9.5 cents for the full financial year ended 30 June 2007.



Dividends

No dividends have been declared for the current period and it is not the intention that any dividends will be declared or paid in the foreseeable future.



Prospects

The group is in the process of enhancing its systems and expanding its storage capacity in South Africa. In addition, it has expanded its operations into Mozambique and is examining opportunities in other African countries. The power shortages in RSA are not expected to have any material impact on the group's results at the present time. The group expects growth in revenue and operating profits for the current financial year.
19 Feb 2008 12:00:37
(Official Notice)
Metrofile's headline earnings per share ("HEPS") and earnings per share ("EPS") are expected to be approximately 5.5c (9.4c) and 5.5 cents (9.5c) for the six months ended 31 December 2007. Shareholders should note that the 2006 results were stated after accounting for a number of once off items and were also affected by the weighted average number of shares issued during the period. To assist shareholders, it has been calculated that if the refinancing and issue of new shares had taken place on 1 July 2006, and if there had been no exceptional items, capital gains, reversal of tax provisions or interest on provisions for claims still unresolved, then HEPS and EPS on the full number of shares now in issue would have been 3.5c for the six month period ended 31 December 2006. Accordingly, the 2007 interim HEPS of 5.5cps should be compared to adjusted normalised HEPS of 3.5cps for the same period in 2006. Unaudited results are expected to be published at the end of February 2008.
01 Feb 2008 10:43:00
(Official Notice)
Ms Ndumi Medupe has been appointed to the board of Metrofile as an independent non-executive director with effect from 1 February 2008. She will also join Metrofile's audit committee as an independent member.
14 Jul 2006 15:30:46
(Official Notice)
Agreements have been concluded for the refinancing of the debt of R320m in Metrofile (Pty) Ltd . In addition proposals will be made to shareholders for a rights issue of R135m to repay all of the external liabilities of R117m in Metrofile Holdings and the costs of the restructuring, and provide cash for working capital and any remaining contingent liabilities which may become payable.



Shareholders are advised that Metrofile Holdings has entered into negotiations to purchase the minority interests in Metrofile and which may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
30 May 2006 15:41:20
(Official Notice)
The company is pleased to advise shareholders that Mr Nigel Matthews has been appointed as an independent non-executive director of the company with effect from 1 June 2006. He will take over chairmanship of the Audit and Risk Committee and join the Remuneration and Nominations Committee.
10 May 2006 16:52:18
(Official Notice)
Shareholders of Metrofile Holdings and of EC-Hold are referred to the announcements dated 23 March, 20 April and 2 May 2006. Three of the twenty-seven EC-Hold shareholders who purported to accept the offer have now advised the offeror that they were not EC-Hold shareholders on 11 October 1999 and have withdrawn their purported acceptances of the offer. With regard to the other 24 shareholders, the offeror either cannot determine whether they qualify as offerees (due to numerous changes in the use of nominees by these shareholders) and/or they have not submitted documents of title as defined in the offer document and as required for valid acceptance of the offer. Therefore they do not qualify as offer participants. Notwithstanding that these shareholders have failed to meet the terms of the offer, the offeror (with the consent of the other contracting parties to the offer, and the Price Family in particular) voluntarily makes the following concessions specifically to these 24 shareholders:

*an extended closing date of noon on 19 May 2006 is granted;

*by this date, the purported acceptances by these shareholders must be supported by documentation or other proof acceptable to the offeror that these shareholders were EC-Hold shareholders on 11 October 1999 and that the shares tendered were owned on that date; and

*by this date, the missing documents of title as defined in the offer document must be submitted.

Acceptances that do not fully meet the above requirements by the extended closing date will no longer be considered.

02 May 2006 13:45:22
(Official Notice)
Shareholders of Metrofile and EC-Hold are referred to the announcements dated 23 March and 20 April 2006, and in particular the closing date of the offer on 20 April 2006 and the intention of the offeror to mail cheques to EC-Hold offer participants by 28 April 2006.



Some EC-Hold shareholders purported to accept the offer but do not qualify as offerees (as defined in the circular dated 30 March 2006) as, according to EC- Hold's records, they were either not shareholders of EC-Hold on 11 October 1999 and/or have not tendered documents of title relative to shares held at that date. The relevant CSDPs have been advised accordingly and the CSDPs are invited to contact the offeror's company secretary through the company's transfer secretaries, Computershare by noon on 9 May 2006 if they have evidence that these shareholders qualify as offerees.
20 Apr 2006 17:17:29
(Official Notice)
Shareholders of Metrofile Holdings and EC-Hold Ltd are referred to the announcement dated 23 March 2006 and are hereby informed that the offer to EC-Hold shareholders as at 11 October 1999 to purchase their shares for a cash consideration of R2.40 per ordinary share of 1c each in the share capital of EC-Hold, payable against delivery of their documents of title in respect of these shares, closed on 20 April 2006. The offer consideration due to offerees who lawfully and validly accepted the offer in the prescribed form and against delivery of documents of title as described in the offer circular to EC-Hold shareholders dated 30 March 2006 will be posted, by ordinary post, at the risk of the offer participant concerned, by 28 April 2006.
30 Mar 2006 17:09:54
(C)
The results for the period reflect a substantial improvement on the prior year and were ahead of budget. EBITDA of R46.1 million (R31.1 million) was achieved and the prior year's headline loss of 4.8cps improved to headline earnings of 2.3cps. The profit for the period was negatively affected by additional provisions of R5.9 million that were raised in Metrofile Holdings for potential creditor claims and R3.9 million for financial instrument exposure in Metrofile (Pty) Ltd in terms of IAS39. Revenue was ahead of budget at R136.6 million (R117.3 million). The consolidated balance sheet reflects an excess of liabilities over assets. It should however be noted that the assets on the consolidated balance sheet are reflected at historical cost. The board regards the group as a going concern.



Dividends

No dividends have been declared for the current period and it is not the intention that any dividends will be declared or paid in the foreseeable future.



Prospects

The group expects improved revenue and operating results from Metrofile (Pty) Ltd and positive headline earnings per share for Metrofile Holdings for the year to be ended 30 June 2006.
23 Mar 2006 14:31:44
(Official Notice)
Shareholders of EC-Hold, a company which has been delisted, de-registered and liquidated, are advised that Metrofile Holdings, in accordance with an agreement reached with the Securities Regulations Panel ("the SRP"), has agreed to make an offer to all EC-Hold shareholders as at 11 October 1999 to purchase their shares for a cash consideration of R2.40 per ordinary share of 1c each in the share capital of EC-Hold, payable against delivery of their documents of title in respect of these shares.



Set out below are the expected dates and times of the offer:

*Offer opens at 09:00 on 30 March 2006

*Closing date of the offer at 12:00 on 20 April 2006

*Results of the offer released on SENS on 20 April 2006



Cautionary announcement

Metrofile shareholders referred to the cautionary announcement dated 13 January 2006 and are advised that events are still in progress which may lead to adjustments being required to the provisions and inter-company loans. Shareholders are therefore advised to continue to exercise caution when trading in their Metrofile shares until a further announcement is made.
14 Mar 2006 17:44:51
(Official Notice)
Metrofile has R80.9 million of creditors to whom loan notes have been issued which will compulsorily convert to ordinary shares in Metrofile Holdings if not paid by 04 March 2009. Metrofile Holdings has R279.1 million of group inter-company claims against it (reflected only in the company balance sheet of Metrofile ) which are ceded as security to third party creditors of Metrofile (Pty) Ltd and of Metrofile Holdings and which may become convertible to ordinary shares in Metrofile Holdings if the security is exercised or if creditors in the relevant subsidiaries are not paid and they become the owners of the loan notes. There are also R37.7 million in provisions for a creditor's claims in subsidiaries. The subsidiaries have residual rights against the inter-company loans referred to above. Some of these claims are in dispute and discussions are being held with the creditor to bring finality to these matters. Depending on the final quantum of the creditor's claims (if any) and the value of the group inter-company loans, which are the sole assets of the companies in which these potential claims exists, the group inter-company claims may cease to be part of the group, could become the property of third parties and if not paid, may have to be converted to shares in Metrofile Holdings. Further, in the event that creditors totalling R320 million in Metrofile are not refinanced or repaid by 04 March 2009, a portion of these claims could convert to ordinary shares in Metrofile in a manner which would remove from Metrofile Holdings its entire shareholding in Metrofile.
14 Mar 2006 17:40:53
(Official Notice)
Metrofile's headline earnings per share and earnings per share are expected to be approximately 3.9c (2004 restated after IFRS - loss 4.8c) and 3.8c ( 2004 restated after IFRS - loss 4.2c) for the six months ended 31 December 2005. The group's reviewed results are expected to be published at the end of March 2006.
07 Mar 2006 11:23:46
(Official Notice)
The following changes have been approved by the board of directors:

* Graham Wackrill, currently an executive director of Metrofile Holdings and chief executive officer ("CEO") of Metrofile (Pty) Ltd, is appointed CEO of Metrofile Holdings as well with immediate effect.

* Roy Midlane, currently chief financial officer of Metrofile Holdings, will relinquish the office of CFO and become a non-executive director of Metrofile Holdings and member of its audit committee with effect on 30 June 2006.

* Charl du Plessis will resign as company secretary of Metrofile Holdings on 30 June 2006, but Metrofile Holdings will continue to avail itself of his legal and other services as needed from time to time.

* Leon Thompson, currently group financial manager of Metrofile Holdings, will be appointed as company secretary of Metrofile Holdings as well on 30 June 2006.
27 Feb 2006 17:49:58
(Official Notice)
Negotiations are still in progress to settle a legal dispute which is a material contingent liability of Metrofile. If negotiations are successfully concluded, it is not expected that there would be any financial effect on Metrofile Holdings or the group and the contingent liability would be eliminated. In addition, as discussed in the cautionary announcement dated 13 January 2006, events are still in progress which may lead to adjustments being required to the provisions and to the inter-company loans, the net effect of which may be an increase of up to R25 million in the consolidated liabilities of the group. These matters do not have any effect on Metrofile (Pty) Ltd. Shareholders should continue to exercise caution in dealing in the group's securities until further announcements are made.







13 Jan 2006 14:01:17
(Official Notice)
Shareholders of Metrofile Holdings are advised that:



1. Negotiations are well advanced concerning the possible settlement of a legal dispute which is a material contingent liability of Metrofile Holdings. If these negotiations are successfully concluded, there is not expected to be any financial effect on Metrofile Holdings or the group except that the contingent liability will be eliminated.



2. In the results announcement published on SENS on 28 September 2005 stakeholders were advised that the consolidated balance sheet of the group contained provisions of R36.9 million for liabilities not yet finally determined, and that Metrofile Holdings' balance sheet (not the consolidated balance sheet) reflected liabilities of R261.1 million to fellow subsidiaries ("inter-company loans") which might become consolidated liabilities of the group under certain circumstances. Events are now in progress which may lead to adjustments being required to the provisions and to the inter-company loans, the net effect of which may be an increase of up to R25 million in the consolidated liabilities of the group. This would have the effect of increasing the negative net asset value per share by approximately 38c per share to 497.4c per share, and would reduce earnings per share by approximately 49c per share in the 2005/6 financial year.



Neither of these matters will have any effect on Metrofile (Pty) Ltd. Shareholders should accordingly exercise caution in dealing in the group's securities until further announcements are made.
06 Dec 2005 13:02:55
(Official Notice)
Shareholders of Metrofile are advised that all 7 resolutions, as contained in the notice of annual general meeting, were passed by the requisite majorities at the group's AGM held on 5 December 2005.

21 Nov 2005 17:38:37
(Official Notice)
Shareholders of Metrofile are referred to the announcement dated 28 September 2005 stating that in February 2002 Motswedi Technology Group (Pty) Ltd initiated a claim for damages against the group through arbitration proceedings. Metrofile in turn initiated actions against Motswedi on 13 October 2005. The group settled the High Court action and the arbitration proceedings with Motswedi, with no financial implications in the current financial year as full provisions were made in prior years.
07 Oct 2005 09:40:05
(Official Notice)
Metrofile has appointed Keshan Pillay as a non-executive director and member of the group`s audit committee with immediate effect.
28 Sep 2005 17:39:36
(C)
29 Jun 2005 12:42:38
(Official Notice)
Pursuant to the scheme of arrangement in terms of s311 of the Companies Act, 1973 proposed by Metrofile Holdings to certain of its creditors (`scheme creditors`) which came into effect on 4 March 2004, Metrofile Holdings and Westrust (Pty) Ltd, the appointed receiver to the creditors scheme of arrangement, have announced that Metrofile Holdings has issued secured interest-bearing redeemable convertible loan notes to the scheme creditors, in settlement of their claims against Metrofile Holdings.



The loan notes, having an aggregate face value of R280m being the capital amounts at 4 March 2004 accruing interest at prime plus three percent, have been issued as follows:

*R62.7m loan notes to third party scheme creditors; and

*R217.3m loan notes to subsidiaries of Metrofile Holdings for loan account claims against Metrofile Holdings that are ceded as security to the creditors of Metrofile (Pty) Ltd and of Metrofile Holdings.

No loan notes have been issued for contingent liabilities that have not yet crystallised into concurrent claims.
27 Jun 2005 12:42:18
(Official Notice)
Shareholders are advised that Metrofile`s headline earnings per share and earnings per share are expected to improve to approximately 21.4c (loss 132.3c) and 21.9c (loss of 129.8c) respectively for the year ended 30 June 2005. Shareholders should, however, note that 23.8c of the expected HEPS arises from once off items, such as the reversal of provisions and which will not repeat in the next year. The financial information on which this trading statement has been based has not been reviewed or reported on by the companys auditors.



Metrofile`s 2005 financial results are expected to be published before the end of September 2005.



Shareholders and claim creditors are referred to the circular and the scheme of arrangement and the definitions contained therein dated 17 December 2003 and the interim results announcement dated 10 March 2005. Metrofile has the following creditors or potential creditors who are or may become holders of subordinated redeemable compulsorily convertible loan notes in Metrofile:



*R71.6m held by third party creditors (reflected in the consolidated and company balance sheets of Metrofile).

*R243m of inter-company claims (reflected in the company balance sheet of Metrofile) which are ceded as security to third party creditors of Metrofile (Pty) Ltd and of Metrofile Holdings and which may become convertible if the security is exercised or if creditors in subsidiaries become the owners of the notes.

*R53.9m in provisions for creditors in subsidiaries (reflected in the consolidated balance sheet) who may have residual claims against the loan referred to above.



Shareholders and claim creditors will be advised of updated figures in due course. If any or all of these loan notes convert to ordinary shares, existing ordinary shareholders will be diluted accordingly.
23 Jun 2005 17:20:51
(Official Notice)
Metrofile Holdings has transferred its listing to the `Support Services -Business Support Services` sector of the JSE Securities Exchange South Africa list. The company was previously listed in the `Information Technology - Software and Computer Services - Software` sector. The board of directors of Metrofile Holdings requested the JSE to reclassify the company as the `Support Services - Business Support Services` sector is more in line with its business. Subsequent to Metrofile Holdings` restructuring, a significant amount of its revenue and earnings are generated from its business support activities through the subsidiary Metrofile. Metrofile CEO Graham Wackrill says, `The reclassification more accurately reflects the business activities of the company, following the restructuring of the former MGX Group. With MIC on board, we have been actively pursuing new markets, particularly in the parastatal and government sectors. Our new listing reflects our primary business, which is the management of paper and electronic records, both on and off-site.`
15 Dec 2004 18:01:46
(Official Notice)
22-Jan-2018
(X)
Metrofile Holdings Ltd. holds a 100% investment in Metrofile (Pty) Ltd., Metrofile Management Services (Pty) Ltd., CSX Customer Services ((Pty) Ltd., Infovault (Pty) Ltd., Global Continuity SA (Pty) Ltd., Tidy Files SA (Pty) Ltd., a 70% investment in Cleardata (Pty) Ltd. and a 40% investment in Lexie Legal Services (Pty) Ltd.



The Group is a specialist in Records Storage and Management, Image Processing, Backup Storage and Management, Records Management Software and Records Management Consultancy, Business Continuity and IT Continuity, File Plan Development, Confidential Records Destruction, Paper Recycling as well the sale and maintenance of a wide range of business equipment, including scanners, library security systems, mailing and packaging machines. The major business, being Metrofile (Pty) Ltd., focuses on all aspects of enterprise records and information management including paper, analogue and electronic content, including:

*Records storage and management - archival, storage, retrieval and destruction of records

*Image processing - conversion of paper and analogue records to digital formats

*Backup management - rotation management and storage of backup media

*Information solutions - professional consultancy and records management software

*Document handling equipment - sale and maintenance Infovault (Pty) Ltd. offers Records Management Services, Global Continuity SA (Pty) Ltd. focuses on Business Continuity and IT Continuity and Cleardata (Pty) Ltd. is a Specialist Confidential Records Destruction Service provider. Lexie Legal Services (Pty) Ltd. provides specialised document management solutions to the legal industry.


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