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17-Mar-2017
(Official Notice)
Shareholders are referred to the SENS announcement made by the JSE on 17 March 2017. The Company wishes to advise shareholders of the following information: The JSE notified the Company of a public censure in respect of a breach of paragraphs 5.69 and 5.72(h) of the JSE Listings Requirements (?the Breach?) on 16 March 2017. The Breach relates to the specific repurchases which occurred almost four years ago, and were disclosed in the Statement By the Board in Respect Of Previous General and Specific Repurchases announcement released on SENS on 19 June 2015.



The JSE has been advised that the sanction will be opposed by the Company with an appeal to the FSB; The Breach had no impact on the Company?s shareholders as following the Company discovering the Breach a circular was sent to shareholders to approve the specific repurchases and at the resolution was passed by 100% of shareholder present and voting at the general meeting on 19 January 2016.



Of the total number of shares in question, 3 801 415 (88% of the shares) were in respect of a single corporate finance transaction, whereby the Company received the shares as proceeds for the sale of shares in one of its subsidiaries. The Company was of the opinion that this did not constitute a repurchase in terms of the JSE Listings Requirements. The remaining shares were acquired from a shareholder who had approached the Company indirectly to sell his total shareholding. The related repurchase occurred in a closed period that had erroneously not been identified by the Company as a result of a change in the financial year end of the Company.



The Company previously apologised to its shareholders for the aforementioned infringements in the SENS announcement and attempted to rectify the oversight by the issuing of the circular and allowing shareholders to vote on the repurchases, and views the latest SENS announcement by the JSE as ill-considered and will therefore be appealing the censure by the JSE. Shareholders will be advised of the outcome of the appeal.
17-Mar-2017
(Official Notice)
The JSE Ltd. (?JSE?) hereby informs stakeholders of the following findings in respect of the Company:

1. The JSE has found the Company to be in breach of paragraph 5.69 of the JSE Listings Requirements for the purchase of its shares from two counter parties without the required specific authority to do so and during a closed period i.e. the date from the expiration of the six month period of a financial year up to the date of publication of the interim results.

a. As announced by the Company on SENS on 19 June 2015, the purchases comprised of:

- 1 995 134 shares repurchased on 11 April 2013 from Mr W Friedland at 250.00 cents per share;

- 1 806 281 shares repurchased on 18 July 2013 from Mr W Friedland at 220.00 cents per share; and

- 318 302 shares repurchased on 19 August 2013 from Mr B Carolin at an average price of 305.52 cents per share.

b. The shares were acquired by the Company in terms of a general repurchase authority granted by its shareholders. Despite such repurchases having been effected through the order book operated by the JSE trading system, a prior understanding or arrangement between the Company and the counter parties existed, contrary to the provisions of paragraph 5.72(a) of the Listings Requirements.

c. The repurchase of shares from the counter parties with prior understanding or arrangement is classified as a specific repurchase in terms of paragraph 5.69 of the Listings Requirements for which shareholder approval by way of a special resolution should have been obtained.



2. The JSE has also found the Company to be in breach of paragraph 5.72(h) of the Listings Requirements for the purchase of an additional 224 863 shares between the period of 16 July 2013 and 20 September 2013 during a closed period, without a share repurchase programme in place. The JSE has decided to impose this public censure against the Company as well as a public fine in the amount of R1 000 000 (one million rand) of which R500 000 (five hundred thousand rand) is suspended for a period of twelve months in relation to the above mentioned breaches of the Listings Requirements.



The Company disseminated the relevant information pertaining to the transgressions by way of SENS announcements and a circular to Micromega shareholders.
10-Nov-2016
(Official Notice)
Shareholders are advised that, at the annual general meeting of MICROmega held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 90 432 444, representing 78.70% of the total issued share capital of the same class of MICROmega shares.



The number of shares which abstained from voting was 10 438, representing 0.01% of the total issued share capital of the same class of MICROmega shares.



03-Nov-2016
(C)
Revenue for the interim period grew to R697.1 million (R564.4 million). Gross profit jumped to R368.0 million (R275.7 million). Results from operations rose to R140.2 million (R106.3 million). Profit attributable to owners increased to R84.9 million (R69.1 million). In addition, headline earnings per share jumped to 74.80cps (61.81cps).
02-Nov-2016
(Official Notice)
Further to the trading statement released on SENS on 31 October 2016, and following the Audit Committee meeting held today, 2 November 2016, a review by management of the financial results for the six month period ended 30 September 2016 has indicated that the earnings per share (?EPS?) and headline earnings per share (?HEPS?) will be outside of the range previously indicated and that:

- EPS will be 75.08 cents, reflecting an increase of 21.4% compared to the EPS of 61.86 cents for the six month period ended 30 September 2015; and

- HEPS will be 74.80 cents, reflecting an increase of 21.0% compared to the HEPS of 61.81 cents for the six month period ended 30 September 2015.



MICROmega?s financial results are expected to be released on SENS on 3 November 2016.
31-Oct-2016
(Official Notice)
A review by management of the financial results for the six month period ended 30 September 2016 has indicated that:

- the earnings per share (?EPS?) is expected to be between 73.62 cents and 74.85 cents, reflecting an increase of between 19.0% and 21.0% compared to the EPS of 61.86 cents for the six month period ended 30 September 2015; and

- the headline earnings per share (?HEPS?) is expected to be between 73.55 cents and 74.79 cents, reflecting an increase of between 19.0% and 21.0% compared to the HEPS of 61.81 cents for the six month period ended 30 September 2015.



MICROmega?s financial results are expected to be released on SENS on or about 3 November 2016.
30-Sep-2016
(Official Notice)
Shareholders are advised that the annual integrated report for the year ended 31 March 2016, was distributed to shareholders today, 30 September 2016 and contains no modifications to the provisional audited condensed annual consolidated financial statements published on SENS on 26 May 2016.



Notice is hereby given that the annual general meeting of shareholders of MICROmega will be held at 09:00 on Thursday, 10 November 2016 at 66 Park Lane, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 4 November 2016. Accordingly, the last day to trade MICROmega shares in order to be recorded in the Register to be entitled to vote will be Tuesday, 1 November 2016.
21-Sep-2016
(Official Notice)
Shareholders are advised that MICROmega has purchased CSIR Food - Beverage laboratories, formerly a division of CSIR. CSIR Food - Beverage laboratories together with Aspirata Auditing Testing and Certification (Pty) Ltd. (?Aspirata?), which is an existing subsidiary of MICROmega, will complement and enhance the risk management, training, consulting and auditing services currently provided by NOSA, a leading global supplier of occupational risk management services and solutions and a subsidiary of MICROmega.



The CSIR Food and Beverage laboratories provide chemical analytical services that focus on routine chemical analysis of food, fish and beverage products for external customers in the private and public sectors. It offers a full range of analytical requirements for the South African and Southern African food and fishing industries. The laboratories based in Cape Town, Durban and Pretoria offer expertise in analyses for nutritional labelling, quality control, export regulations and local fortification. The laboratory in Cape Town is the only one in South Africa equipped to test for marine biotoxins in shellfish products in support of the Shellfish Monitoring Programme.



The acquisition, due to its size, falls below the transaction threshold as set out in the Listings Requirements of the JSE and therefore does not require any formal disclosure. However, the board of directors of MICROmega would like to advise shareholders of this acquisition.
09-Sep-2016
(Official Notice)
The board of directors of MICROmega (?the Board?) hereby notifies its shareholders that Mr Donald Passmore, an independent non- executive director of the board and member of the Audit Committee, has been appointed as lead independent non-executive director with immediate effect.





26-May-2016
(C)
Revenue for the year increased to R1.194 billion (2015: R1.036 billion). Gross profit rose to R574.1 million (2015: R459.6 million), results from operations climbed to R214.7 million (2015: R165.9 million), while profit attributable to owners of the parent was higher at R145.4 million (2015: R110.7 million). Furthermore, headline earnings per share grew to 123.43 cents per share (2015: 101.30 cents per share).



Cash dividend

Notice is hereby given that the directors have declared a final gross cash dividend of 43 cents per share for the financial year ended 31 March 2016, which is adjusted for withholding tax. The final dividend has not been included as a liability in these provisional condensed annual consolidated financial statements as it was declared subsequent to year end.
23-May-2016
(Official Notice)
A review by management of the financial results for the year ended 31 March 2016 has indicated that, earnings per share (?EPS?) and headline earnings per share (?HEPS?) are expected to be between 121.52 cents and 131.69 cents, reflecting an increase of between 20% and 30%, compared to the EPS of 101.27 cents and the HEPS of 101.30 cents for the year ended 31 March 2015.



MICROmega?s financial results are expected to be released on SENS on or about 26 May 2016.
14-Apr-2016
(Official Notice)
Further to the announcement released on SENS on 26 February 2016 (and using the terms defined therein unless otherwise stated) shareholders are advised that, at the general meeting of MICROmega held on 14 April 2016, convened in terms of the notice of general meeting contained in the circular to shareholders dated 14 March 2016, the resolutions to approve, inter alia, the Specific Repurchase were passed by the requisite majority of shareholders.
17-Mar-2016
(Official Notice)
The board of directors of MICROmega (?the Board?) hereby notifies its shareholders that Mr Donald Passmore (?Donald?) has been appointed as an independent non-executive director of MICROmega and member of the Audit Committee, with immediate effect.



14-Mar-2016
(Official Notice)
Shareholders are referred to the announcement released on SENS on 26 February 2016 (and using the terms defined therein unless otherwise stated) regarding, inter alia, the specific repurchase of a total of 358 280 MICROmega ordinary shares resulting from the exercise of the put option granted thereon in terms of the Mubesko Acquisition Agreement (?the Specific Repurchase?). Shareholders are hereby advised that the circular containing full details of the Specific Repurchase and incorporating a notice to convene a general meeting of MICROmega shareholders (?General Meeting?) in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve the Specific Repurchase, has been distributed today, 14 March 2016. The circular is available on the Company?s website at: www.micromega.co.za/media/MICROMEGA_CIRCULAR.pdf.



Notice of GM

Notice is hereby given that the General Meeting will be held at 10:00 on Thursday, 14 April 2016 at the registered office of MICROmega, MMG House, 66 Park Lane, Sandton, 2196, to conduct the business stated in the notice of General Meeting, which is contained in the circular. The Board has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the General Meeting is Friday, 8 April 2016. Accordingly, the last day to trade in MICROmega shares in order to be recorded in the Company?s securities register to be entitled to vote will be Friday, 1 April 2016.
29-Feb-2016
(Official Notice)
Shareholders are referred to the ?Dealings in Securities by a Director? announcement released on SENS on 26 February 2016 and are advised that the relevant clearance to deal was obtained.
26-Feb-2016
(Official Notice)
22-Feb-2016
(Official Notice)
Further to the announcement released on SENS on 30 October 2015 (and using the terms defined therein unless otherwise stated) shareholders are advised that, at the general meeting of MICROmega held on 22 February 2016, convened in terms of the notice of general meeting contained in the circular to shareholders dated 22 January 2016, the resolutions to approve, inter alia, the Specific Repurchase were passed by the requisite majority of shareholders.



The number of shares voted in person or by proxy was 77 504 922, representing 67.45% of the total issued share capital of the same class of MICROmega shares. The number of shares which abstained from voting was nil representing nil% of the total issued share capital of the same class of MICROmega shares.
25-Jan-2016
(Official Notice)
Shareholders are referred to the announcements released on SENS on 30 October 2015 and 22 January 2016 (and using the terms defined therein unless otherwise stated) regarding, inter alia, the disposal of GIM Holdings, a wholly-owned subsidiary of MECS, which is in turn a wholly-owned subsidiary of MICROmega, to Kamberg (?the Transaction?).



Further thereto, shareholders are advised that the Circular is available on the Company?s website at http://www.micromega.co.za/Docs/MICROMEGA_Combined.pdf and that the General Meeting will be held at 10:00 on Monday, 22 February 2016 at the registered office of MICROmega, MMG House, 66 Park Lane, Sandton, 2196, to conduct the business stated in the notice of General Meeting, which is contained in the Circular.
22-Jan-2016
(Official Notice)
Shareholders are referred to the announcement released on SENS on 30 October 2015 (and using the terms defined therein unless otherwise stated) regarding, inter alia, the disposal of GIM Holdings, a wholly-owned subsidiary of MECS, which is in turn a wholly owned subsidiary of MICROmega, to Kamberg (?the Transaction?). Shareholders are hereby advised that the circular containing full details of the Transaction and incorporating a notice to convene a general meeting of MICROmega shareholders (?General Meeting?) in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve the Transaction, has been distributed today, 22 January 2016. The Circular is available on the Company?s website at www.micromega.co.za.



Taking into consideration the terms and conditions of the Transaction, the Independent Expert, an independent advisor acceptable to the JSE Limited and appointed by the board of directors of the Company to provide an independent fairness opinion on the Transaction, is of the opinion that the Transaction is fair to MICROmega shareholders. The fairness opinion is included in the Circular.



Notice is hereby given that the General Meeting will be held on Monday, 22 February 2016 at the registered office of MICROmega, MMG House, 66 Park Lane, Sandton, 2196, to conduct the business stated in the notice of General Meeting, which is contained in the Circular.



The Board has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the General Meeting is Friday, 12 February 2016. Accordingly, the last day to trade in MICROmega shares in order to be recorded in the Company?s securities register to be entitled to vote will be Friday, 5 February 2016.

19-Jan-2016
(Official Notice)
Further to the announcements released on SENS on 19 June 2015, 18 December 2015 and 21 December 2015 (and using the terms defined therein unless otherwise stated) shareholders are advised that, at the general meeting of MICROmega held on 19 January 2016, convened in terms of the notice of general meeting contained in the circular to shareholders dated 18 December 2015, the resolutions to approve, inter alia, the Specific Repurchases were passed by the requisite majority of shareholders.
21-Dec-2015
(Official Notice)
Shareholders are referred to the ?Distribution of Circular and Notice of General Meeting? announcement released on SENS on 18 December 2015 and are advised that the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the General Meeting is Friday, 8 January 2016 and not Friday, 8 January 2015.
18-Dec-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 19 June 2015 (and using the terms defined therein unless otherwise stated) regarding, inter alia, the specific repurchase of a total of 4 119 717 ordinary shares between 11 April 2013 and 19 August 2013 for a consideration of R9 934 129.27 erroneously implemented under the general authority granted by shareholders on 31 July 2012 (?Specific Repurchases?).



Shareholders are hereby advised that the circular containing full details of the Specific Repurchases and incorporating a notice to convene a general meeting of MICROmega shareholders (?General Meeting?) in order to consider and, if deemed fit, to pass, with or without modification, the resolutions necessary to approve the Specific Repurchases, has been distributed today, 18 December 2015.



The Circular is available on the company?s website at www.micromega.co.za.



Notice of general meeting

Notice is hereby given that the General Meeting will be held at Tuesday, 19 January 2016 at the registered office of MICROmega, MMG House, 66 Park Lane, Sandton, 2196, to conduct the business stated in the notice of General Meeting, which is contained in the Circular.



The Board has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended (?Companies Act?) the record date for the purposes of determining which shareholders of the company are entitled to participate in and vote at the General Meeting is Friday, 8 January 2015. Accordingly, the last day to trade in MICROmega shares in order to be recorded in the company?s securities register to be entitled to vote will be Friday, 31 December 2015.
05-Nov-2015
(C)
Revenue for the interim period grew to R564.4 million (R484.2 million). Gross profit rose to R275.7 million (R230.6 million). Results from operations jumped to R106.3 million (R75.4 million). Profit attributable to owners jumped to R69.1 million (R48.8 million). In addition, headline earnings per share increased to 61.81cps (45.96cps).
04-Nov-2015
(Official Notice)
A review by management of the financial results for the six month period ended 30 September 2015 has indicated that the earnings per share (?EPS?) and headline earnings per share (?HEPS?) are expected to be between 59.56 cents and 64.16 cents, reflecting an increase of between 29.6% and 39.6% compared to the EPS and HEPS of 45.96 cents for the six months ended 30 September 2014.



MICROmega?s financial results are expected to be released on SENS on or about 5 November 2015.
30-Oct-2015
(Official Notice)
20-Oct-2015
(Official Notice)
Shareholders are advised that Singular Systems (Pty) Ltd. (?Singular Systems?) will replace Computershare Investor Services (Pty) Ltd. as transfer secretary to MICROmega with effect from 2 November 2015.



A notice to this effect will be sent to shareholders and will be available on MICROmega?s website.



The contact details of Singular Systems are as follows:

*Physical address: 28 Fort Street, Birnam, 2196, South Africa

*Postal address: PO Box 785261, Sandton 2146, South Africa

*Telephone number: +27 (0) 10 003 0700

*Fax number: +27 (0) 11 885 3835

*Email address: singular@singular.co.za
09-Sep-2015
(Official Notice)
The board of directors of MICROmega hereby notifies its shareholders that Mr Alan B. Swan has resigned as lead independent non-executive director of the company with effect from Wednesday, 9 September 2015.
27-Aug-2015
(Official Notice)
Shareholders are advised that, at the annual general meeting of MICROmega held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 88 332 274, representing 77% of the total issued share capital of the same class of MICROmega shares. No shares abstained from voting on the resolutions proposed at the annual general meeting.

29-Jul-2015
(Official Notice)
Shareholders are advised that the annual integrated report for the year ended 31 March 2015, was dispatched to shareholders today, 29 July 2015 and contains no modifications to the provisional audited condensed annual consolidated financial statements published on SENS on 28 May 2015. The annual integrated report and full annual financial statements have also been published on the company?s website, www.micromega.co.za.



Notice is hereby given that the annual general meeting of shareholders of MICROmega will be held at 09:00 on Thursday, 27 August 2015 at 66 Park Lane, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the company are entitled to participate in and vote at the annual general meeting is Friday, 21 August 2015. Accordingly, the last day to trade MICROmega shares in order to be recorded in the Register to be entitled to vote will be Friday, 14 August 2015.
19-Jun-2015
(Official Notice)
Sebata Municipal Solutions (?Sebata?) has been awarded a contract to supply the Nelson Mandela Bay Metropolitan Municipality (?NMBM?) with Sebata?s enterprise management solution (?SebataEMS?) for an initial period of three years. Sebata is a subsidiary of MICROmega which is listed on the JSE under the services sector.



Sebata has had a strong relationship with local government as a customer service provider and active participant in the community for more than 40 years. Sebata will partner with NMBM to uplift the municipality and the lives of the community members as a whole. Sebata?s state-of-the-art software solutions, robust business methodologies and practical experience of working with local government are already helping improve the efficiency and effectiveness of municipalities across the country.



The SebataEMS system was redeveloped over the last 2 years to be compliant with National Treasury?s requirement for a Standard Chart of Accounts (?mSCOA?) that will apply to the business processes and reporting of all local authorities in South Africa. This innovation will, forever change the landscape of local government to the benefit of the South African population. By working closely with National Treasury over the past two years, Sebata understands that mSCOA is more than a financial reform ? it is an institutional reform. There is, thus, significant effort required to ensure that NMBM is mSCOA compliant by the legislated deadline of 1 July 2016.



NMBM has indicated its understanding of the significance of mSCOA to local government by selecting Sebata as its preferred enterprise management systems provider. The municipality, the fastest growing city in South Africa, is the economic hub of the Eastern Cape. Its effective service delivery to the community is a key and required attribute for supporting and sustaining this status. Securing this contract is significant for Sebata and the MICROmega group as it takes the SebataEMS solution into the larger scale market that was previously dominated by SAP.
19-Jun-2015
(Official Notice)
28-May-2015
(C)
Revenue for the year increased R1 billion (R907.5 million). Gross profit was higher at R459.6 million (R358.3 million). Results from operations decreased to R165.9 million (R167.5 million), while profit attributable to owners of the parent came in at R110.7 million (R134.1 million). Furthermore, headline earnings per share was higher at 101.30cps (62.91cps).



Cash dividend

Notice is hereby given that the directors have declared a final gross cash dividend of 35 cents for the financial year ended 31 March 2015, which is adjusted for withholding tax.
27-May-2015
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd., companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. It should be noted that the previous corresponding period was 15 months due to a change in year end from December to March. Consequently a 12 month comparative is included in this statement.



Further to the trading statement released on SENS on 20 May 2015, a review by management of the financial results for the 12 month period ended 31 March 2015 by management has indicated that:

*Earnings per share (?EPS?) is expected to be between 98.83 cents and 103.71 cents, reflecting an increase of between 102.2% and 112.2% compared to the EPS of 48.88 cents for the 12 month comparative period ended 31 December 2013 and a decrease of between 17.4% and 27.4% compared to the EPS of 130.44 cents for the 15 month period ended 31 March 2014. The 15 month period included EPS of 66.15 cents as a result of bargain purchase price inclusions that are not repeated in the current year; and

*headline earnings per share (?HEPS?) is expected to be between 98.84 cents and 103.76 cents, reflecting an increase of between 100.5% and 110.5% compared to the HEPS of 49.29 cents for the 12 month comparative period ended 31 December 2013 and an increase of between 56.0% and 66.0% compared to the HEPS of 62.91 cents for the 15 month period ended 31 March 2014.



The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors.



MICROmega?s year end financial results are expected to be released on SENS on 28 May 2015.
27-May-2015
(Official Notice)
Shareholders are advised that MICROmega has purchased Aspirata Microbiological and Chemical Laboratory (?Aspirata?), formerly a subsidiary of Aurecon South Africa (Pty) Ltd.



Centurion-based Aspirata will complement and enhance the risk management, training, consulting and auditing services currently provided by NOSA, a leading global supplier of occupational risk management services and solutions and a subsidiary of MICROmega.



Aspirata, which conducts nearly 1 700 real-time, web-based and computerised audits a month, operates extensively in the food safety and microbiological laboratory testing sectors.



Aspirata ? which is accredited by the South African National Accreditation System (SANAS) and the Joint Accreditation System of Australia and New Zealand (JAS-ANZ) ? has long-established clients in the large retail, manufacturing and processing, and construction sectors.



Aspirata?s staff comprises specialist auditors accredited against international standards, as well as environmental health specialists, microbiologists and food technologists. There is growing pressure on major retailers to have their suppliers audited against a number of global food and laboratory standards.



Aspirata, whose primary Skills Education Training Authority (SETA) is FoodBev, has a state of the art laboratory which currently analyses more than 2,500 samples a month with results submitted via its customised laboratory information management system (LIMS).



The acquisition, due to its size, falls below the transaction threshold as set out in the Listings Requirements of the JSE Ltd. and therefore does not require any formal disclosure. However, the board of directors of MICROmega would like to advise shareholders of this acquisition.
20-May-2015
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd., companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. It should be noted that the previous corresponding period was 15 months due to a change in year end from December to March. Consequently a 12 month comparative is included in this statement.



A review by management of the financial results for the 12 month period ended 31 March 2015 by management has indicated that:

*on a 12 month comparative basis, earnings per share (?EPS?) and headline earnings per share (?HEPS?) will be at least 100% higher, compared to the EPS of 48.88 cents and the HEPS of 49.29 cents for the 12 month period ended 31 December 2013;

*EPS is expected to be at least 26.44 cents lower than the EPS of 130.44 cents for the 15 month period ended 31 March 2014, reflecting a decrease of at least 20%. The 15 month period included EPS of 66.15 cents as a result of bargain purchase price inclusions that are not repeated in the current year; and

*HEPS is expected to be at least 37.75 cents higher than the HEPS of 62.91 cents for the 15 months ended 31 March 2014, reflecting an increase of at least 60%.



A further trading statement will be released once the Company has a greater degree of certainty with regards to its financial results for the financial period.



The financial information on which this trading statement is based has not been reviewed or reported on by the Company?s auditors.
03-Feb-2015
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Ltd., shareholders are advised that Mr Ruan Jacques Viljoen has been appointed as MICROmega?s company secretary with effect from 2 February 2015, replacing Acorim (Pty) Ltd. (?Acorim?). This appointment is a result of the group?s increased secretarial workload requiring the support of a full-time internal resource rather than a part-time outsourced solution.



The board of directors of MICROmega would like to thank Acorim for their contribution over the past 2 years.



After attending school at Maritzburg College, Ruan obtained an LLB degree at the University of Stellenbosch whereafter he joined Rossouws Lesie Inc. Attorneys to complete his articles. On completion of his articles Ruan was admitted as an Attorney of the High Court of South Africa and continued to practice as an associate at Rossouws Lesie Inc. Attorneys before taking up the position as company secretary at MICROmega.
22-Jan-2015
(Official Notice)
Shareholders are advised of the following statement by Mr D C King, Executive Chairman of MICROmega, regarding speculation surrounding his 2013 tax settlement:



"There has been recent media speculation on my 2013 tax settlement following the suspension of senior managers of SARS for allegedly operating a rogue intelligence unit that spied on senior politicians and businessmen. I am named as one of the business people that were spied on.



It has been speculated that this alleged unlawful activity by SARS could put recently concluded tax settlements at risk of being reviewed and set aside, mine included. The legal argument is that if SARS obtained information unlawfully and such information was used to secure a settlement with me, then I could apply to have my settlement set aside.



For the avoidance of doubt, and particularly for the benefit of MICROmega shareholders, I wish to make my position clear. I will not be making an application to have my settlement reviewed and/or set aside for two reasons:

* My settlement resulted from prolonged and robust litigation that was fully in the public arena. There was no information produced or used by SARS that was unlawfully gained and, in my opinion, the individuals I dealt with at SARS acted in good faith, both during and after my settlement negotiations. I consequently have no legal foundation to argue for the review and setting aside of my settlement; and

* Even if my legal team could make out a case for review I would not pursue it. I remain happy with my settlement and the opportunity that this created for me to lead a normal business and personal life. MICROmega has performed very strongly post-settlement and is continuing to do so. I am thoroughly enjoying having sufficient time and resources to invest in growing MICROmega in the coming years."
29-Oct-2014
(C)
MICROmega had a change in year-end, therefore the results are not directly comparable. Revenue was recorded at R484.2 million, while gross profit came in at R230.6 million. Results from operations was at R75.4 million, and profit attributable to owners was R48.8 million. In addition, headline earnings per share was recorded at 45.96cps.



Outlook

The board is pleased that the strong growth in profitability that the group delivered to shareholders in the last financial year has carried forward into the first six months of this financial year with headline earnings per share having more than doubled to 45.96 cents per share, when compared to the first six months of the prior year. It is also pleasing that the earnings growth was fully translated into cash receipts. That is the ultimate test of the quality of any company?s earnings. Due to the change in our year end the results are not directly comparable however what is clear is that, following on from the commentary in our year end results, the Group continues to demonstrate that it is at the early stage of a rapid growth period. We have reasonable visibility into the remainder of this year and anticipate further growth in the second half of the year despite it including the seasonally low months of December and January.



28-Oct-2014
(Official Notice)
Further to the trading statement released on SENS on 1 October 2014, a review of the financial results for the six month period ended 30 September 2014 by management has indicated that:

* the earnings per share is expected to be between 42.86 cents and 48.07 cents, reflecting an increase of between 91% and 111%, when compared to the earnings per share of 22.60 cents for the six months ended 30 June 2013; and

* the headline earnings per share is expected to be between 43.36 cents and 48.56 cents, reflecting an increase of between 94% and 114%, when compared to the headline earnings per share of 22.57 cents for the six months ended 30 June 2013.



The earnings per share and headline earnings per share for the six months ended 30 June 2013 differ from those previously announced on SENS as, in accordance with the appropriate accounting treatment, it was necessary to retrospectively adjust the weighted average number of shares in issue from 92 350 585 shares to 106 462 997 shares, due to the capitalisation issue which was done on 1 November 2013.



MICROmega's interim financial results are expected to be released on SENS on or about 30 October 2014.
27-Oct-2014
(Official Notice)
The board of directors of MICROmega announced that MICROmega has acquired the total issued share capital in Rdata (Pty) Ltd. ("Rdata"), a provider of enterprise management systems ("EMS") to Local Government in South Africa ("the Acquisition").



Purchase consideration

Rdata was acquired for a purchase consideration of R12 570 000. Settlement took place on 22 October 2014, and was comprised of a cash settlement of R4 784 000 and 458 000 shares in MICROmega that were issued at R17 per share.
16-Oct-2014
(Official Notice)
Shareholders are advised that, at the annual general meeting of MICROmega held on 16 September 2014, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
07-Oct-2014
(Official Notice)
The board of directors of MICROmega advised shareholders that MICROmega has acquired the total issued share capital in Action Training Academy (Pty) Ltd. ("ATA"), the leading provider of first aid training and fire risk management services in South Africa ("the Acquisition").



Purchase consideration

ATA was acquired for a purchase consideration of R28 400 000. Settlement takes place in two tranches. The first tranche was executed on 30 September 2014, and was comprised of a cash settlement of R12 000 000 and 352 942 shares in MICROmega that were issued at R17 per share.



The second payment is conditional on a profit warranty of R6 000 000 net profit after taxation being achieved for the twelve month period ending 31 August 2015, and will be settled by way of a cash payment of R3 000 000 and R7 400 000 worth of MICROmega shares, based on the average closing price of the MICROmega share as quoted for the thirty trading days preceding 31 August 2015. In the event that the net profit after taxation is less than R6 000 000, the purchase price will be reduced pro- rata and the second payment adjusted accordingly.



Classification of the acquisition

The Acquisition, due to its size, falls below the transaction thresholds as set out in the Listings Requirements of JSE Ltd. and therefore does not require any formal disclosure. However, the Board would like to advise shareholders of this important strategic acquisition.
02-Oct-2014
(Official Notice)
Shareholders are advised that MICROmega has entered into an agreement with Aurora University (Pty) Ltd. ("Aurora") to provide R6 million to Aurora by way of an interest free loan to part-fund Aurora's expansion of its associated Cornerstone Institute ("Cornerstone") ("the Transaction"). The loan is repayable on 1 August 2015 and MICROmega holds a 100% shareholding in Aurora as security until payment has been made in full. Additionally, MICROmega has the option at any time prior to 1 August 2015 to acquire a 50.1% controlling interest in Aurora for a nominal value of R50.16 while simultaneously extending the loan to an indefinite payment shareholder loan.



The Transaction, due to its size, falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. and its announcement is therefore voluntary. The board of directors of MICROmega however deemed it appropriate to advise shareholders of this strategic Transaction.
01-Oct-2014
(Official Notice)
Accordingly, a review of the financial results for the six month period ended 30 September 2014 by management has indicated that the basic earnings per share and headline earnings per share are expected to be at least 70% higher, compared to the basic earnings per share of 26.05 cents and the headline earnings per share of 26.02 cents for the six month period ended 30 June 2013. A further trading statement will be released once the Company has a greater degree of certainty with regards to its financial results for the financial period. The financial information on which this trading statement is based has not been reviewed or reported on by MICROmega?s auditors.
18-Sep-2014
(Official Notice)
Shareholders are advised that the annual integrated report for the 15 months ended 31 March 2014, was dispatched to shareholders on 18 September 2014 and contains no modifications to the audited provisional condensed consolidated financial statements published on SENS on 12 June 2014. The annual integrated report and full annual financial statements have also been published on the Company's website, www.micromega.co.za.



Annual general meeting

Notice is hereby given that the annual general meeting of shareholders of MICROmega will be held at 09:00 on Thursday, 16 October 2014 at 66 Park Lane, Sandton to transact the business stated in the notice of the annual general meeting, which is contained in the integrated annual report.



The board of directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 10 October 2014. Accordingly, the last day to trade MICROmega shares in order to be recorded in the Register to be entitled to vote will be Friday, 3 October 2014.

12-Jun-2014
(C)
MICROmega changed their year end to 31 March, therefore there are no directly comparable figures. Revenue for the year came in at R907.5 million. Gross profit was R358.3 million, Results from operations was R167.5 million, while profit attributable to owners of the parent was recorded at R134.1 million. Furthermore, headline earnings per share was 62.91cps.



Cash dividend

The directors declared a final gross cash dividend of 20cps for the financial year ended 31 March 2014, which is based on the dividend policy and adjusted for withholding tax.
10-Jun-2014
(Official Notice)
A review of the financial results for the 15 months ended 31 March 2014 by management has indicated that the basic earnings per share is expected to be between 1 100% and 1 120% higher than the 10.77 cents reported for the year ended 31 December 2012. Headline earnings per share is expected to be between 110% and 130% higher than the 28.32 cents reported for the year ended 31 December 2012.



Due to the change in the company's year end from 31 December to 31 March, the year end results comprise a 15 month period. As there is not a comparable 15 month period, the year end results for the 15 months ended 31 March 2014 have been compared to year end results for the 12 months ending 31 December 2012.



MICROmega's financial results for the 15 months ended 31 March 2014 are expected to be released on SENS on or about 12 June 2014.
22-May-2014
(Official Notice)
Shareholders are hereby notified in terms of section 60(4) of the Companies Act (Act 71 of 2008), as amended, ("Companies Act") that the two special resolutions posted to MICROmega shareholders on 9 April 2014 in terms of section 60 of the Companies Act, regarding the granting of financial assistance by the company in terms of sections 44 and 45 of the Companies Act have both been passed by the requisite majority of shareholders. The board of directors of MICROmega is accordingly authorised to provide financial assistance as contemplated in the aforementioned resolutions.
05-Mar-2014
(C)
Revenue declined to R731.7 million (R746 million). Gross profit rose to R273.7 million (R272.1 million) and results from operations increased to R75.2 million (R13.7 million). Net attributable profit was higher at R51.2 million (R11.6 million). In addition, headline earnings per share grew to 49.29cps (28.32cps).



Dividend

No dividend has been declared.

27-Feb-2014
(Official Notice)
The board of directors of MICROmega ("the Board") is pleased to advise shareholders that MICROmega has concluded an agreement to acquire a controlling stake (55%) in Freshmark Systems (Pty) Ltd. ("Freshmark"), the leading provider of Information Management Systems, specifically designed for the South African fresh produce markets ("the Acquisition").



Rationale for the Acquisition

Freshmark is set to augment the offering of Sebata Municipal Solutions ("Sebata"), a wholly owned subsidiary of MICROmega. Sebata has provided integrated technology solutions, enterprise management systems and multidisciplinary professional services to municipalities, public entities and provincial government, for well over 40 years.



Classification of the Acquisition

The Acquisition, due to its size, falls below the transaction thresholds as set out in the Listings Requirements of JSE Ltd. and therefore does not require any formal disclosure. However, the Board would like to advise shareholders of this strategic acquisition.
26-Feb-2014
(Official Notice)
Further to the trading statement released on SENS on 22 November 2013, the latest review of the financial results for the 12 months ending 31 December 2013 by management has indicated that the basic earnings per share increase is expected to be between 330% and 350% and the headline earnings per share increase is expected to be between 60% and 80%, compared to the basic earnings per share of 12.39 cents and the headline earnings per share of 32.58 cents for the year ended 31 December 2012.



The financial information on which this trading statement is based has not been reviewed or reported on by MICROmega?s auditors. MICROmega?s financial results for the 12 months ending 31 December 2013 are expected to be released on SENS on or about 3 March 2014.
07-Feb-2014
(Official Notice)
27-Jan-2014
(Official Notice)
Shareholders are advised that as the pro forma financial effects of the Acquisition have now been disclosed, caution is no longer required to be exercised by shareholders when dealing in the Company's securities.
27-Jan-2014
(Official Notice)
Further to the "Related Party Acquisition of NOSA Global Holdings and Cautionary Announcement" released on SENS on 18 October 2013, and the subsequent "Renewal of Cautionary Announcements", the last of which was dated 16 January 2014, and using the terms defined therein unless otherwise stated, shareholders are advised that all conditions precedent relating to the Acquisition have been fulfilled and accordingly, the Acquisition will be effective from 1 October 2013.



Pro forma financial effects

Before - after acquisition:

* Basic earnings per share (cents): 26.05 - 24.90

* Headline earnings per share (cents): 26.02 - 24.93

* MNet asset value per share (cents): 340.75 - 351.69

* Tangible net asset value per share (cents): 283.25 - 266.24

* Weighted average number of shares in issue (000's): 92 351 - 94 567

* Total number of shares in issue (000's): 90 850 - 93 066.
21-Jan-2014
(Official Notice)
The board of directors of MICROmega notified its shareholders that Ms Deborah Alicia Di Siena and Ms Tracey Wardle King have been appointed to the board with immediate effect.
16-Jan-2014
(Official Notice)
Further to the announcement dated 18 October 2013 and the subsequent renewal of cautionary announcement dated 29 November 2013, shareholders are advised that the pro forma financial effects of the related party acquisition of NOSA Global Holdings Ltd. are still in the process of being finalised



Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
29-Nov-2013
(Official Notice)
Further to the announcement dated 18 October 2013, shareholders are advised that the pro forma financial effects of the related party acquisition of NOSA Global Holdings Ltd. are still in the process of being finalised. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company's securities until a further announcement is made.
22-Nov-2013
(Official Notice)
Accordingly, a review of the financial results for the 12 months ending 31 December 2013 by management has indicated that the basic earnings per share and headline earnings per share are expected to be at least 40% higher, compared to the basic earnings per share of 12.39 cents and the headline earnings per share of 32.58 cents for the year ended 31 December 2012. A further trading statement will be released once the Company has a greater degree of certainty with regards to its financial results for the financial period.
25-Oct-2013
(Official Notice)
Shareholders were referred to the announcements dated 30 September 2013 and 21 October 2013 and are further advised that, in terms of the Exchange Control Regulations of the Republic of South Africa:

*Any share certificates that might be issued to non-resident shareholders will be endorsed "Non-Resident";

*Any new share certificates, dividend and residual cash payments based on emigrants' shares controlled in terms of the Exchange Control Regulations will be forwarded to the Authorised Dealer in foreign exchange controlling their blocked assets. Such share certificates will be endorsed "Non-Resident"; and

*Dividend and residual cash payments due to non-residents are freely transferable from the Republic.
23-Oct-2013
(Official Notice)
Further to the announcement dated 28 August 2013, the board of directors of MICROmega advised shareholders that MICROmega has appointed Merchantec Capital as Sponsor to the Company with effect from 22 October 2013
21-Oct-2013
(Official Notice)
Shareholders are referred to the company's interim results announcement published on SENS on 30 September 2013 wherein shareholders were advised of the company's proposed capitalisation issue. The company has been advised by its Sponsor that effective 4 October 2013 the JSE introduced additional disclosure requirements that entails the need to inform shareholders that there could, in certain instances, be a restriction on the receipting of a capitalisation issue to foreign shareholders in certain jurisdictions. These new requirements caused the Company the need to understand and interpreted what was required to ensure compliance. This caused a delay in the capitalisation issue.



Accordingly shareholders are advised that the capitalisation issue in jurisdictions other than South Africa may be restricted by law and accordingly, shareholders in those jurisdictions will not be entitled to receive capitalisation shares ("ineligible shareholders"). Ineligible shareholders are required to contact their broker, CSDP or the transfer secretary and inform them that they are unable to participate in the capitalisation issue prior to the record date in order to participate in the capitalisation issue, being Friday, 1 November 2013. The CSDP shall be responsible for informing the transfer secretaries of all dematerialised shares held by them on behalf of such ineligible foreign shareholders.



The company's company secretary will facilitate the sale of the capitalisation shares for cash in South Africa, and distribute the cash proceeds therefrom (net of applicable fees, expenses, taxes and charges) to the ineligible shareholders in proportion to such ineligible shareholders entitlement to the capitalisation shares. The salient dates of the capitalisation issue are as follows:

*Last day to trade: Friday 25 October 2013

*List date: Monday 28 October 2013

*Record date: Friday 1 November 2013

*Pay date, being the date on which shareholder accounts with CSDP's or brokers are credited or the issue of new share certificates is effected: Monday 4 November 2013



Share certificates may not be dematerialised or rematerialised between Monday, 28 October 2013 and Friday, 1 November 2013, both dates inclusive. The above dates and times are subject to change. Any changes will be released on SENS.
18-Oct-2013
(Official Notice)
The pro forma financial effects of the acquisition of NOSA are in the process of being finalized. Accordingly shareholders are advised to exercise caution when dealing in their shares in the company.
18-Oct-2013
(Official Notice)
18-Oct-2013
(Official Notice)
07-Oct-2013
(Official Notice)
Mr Grant Earl Jacobs has been appointed to the board of directors as an independent non-executive director with effect from 4 October 2013.
01-Oct-2013
(Permanent)
In September 2013 MICROmega changed its year-end from December each year to March each year going forward.
30-Sep-2013
(C)
Revenue declined to R372.3 million (R385.2 million). Gross profit decreased to R139.3 million (R142 million) and results from operations was also lower at R34.1 million (R41.5 million). Net attributable profit declined to R24.1 million (R28.5 million). In addition, headline earnings per share was up slightly to 26.02cps (25.72cps).



Distribution

It has not been the Group?s policy to pay dividends during the recent prolonged period of uncertainty. This policy is being reviewed and a further announcement will be made in this regard when we publish our results for the financial year-end.



In the interim and to reward long-standing shareholders for their patience and perseverance, the board has resolved to issue and allot fully paid ordinary shares of 1 cent each ("ordinary shares") as a capitalisation issue to MICROmega shareholders pro rata to their current shareholding at a ratio of 14 (fourteen) ordinary shares for every 100 (one hundred) ordinary shares held. Where a shareholder?s entitlement to the capitalisation issue gives rise to a fraction of a share, such fraction will be rounded up to the nearest whole number, where the fraction is greater than 0.5 and rounded down to the nearest whole number where the fractions is less than 0.5. The capitalisation issue will be made from MICROmega's share premium.





Prospects

The profitability for the 2012 financial year was significantly skewed in favour of the first six months to June 2012. We are presently compiling latest forecasts for the balance of the year and, while it is premature to give specific guidance at this time, the board is comfortable with the current performance of the group companies.
28-Aug-2013
(Official Notice)
The company wishes to advise that Java Capital Trustees and Sponsors (Pty) Ltd. has resigned as sponsor to the company with effect from 1 December 2013. Upon a new sponsor being appointed, the company will publish an announcement advising shareholders of same.
19-Aug-2013
(Official Notice)
Shareholders were advised that at the annual general meeting of MICROmega held on Friday, 16 August 2013 (convened in terms of the notice of annual general meeting contained in the MICROmega integrated annual report issued on 28 June 2013) all of the resolutions tabled thereat were approved by the requisite majority of shareholders, other than ordinary resolution number 5 (concerning the re-appointment of PH Duvenhage as a member and chairman of the Audit Committee), which resolution was withdrawn by the company as PH Duvenhage is not an independent non-executive director.



Accordingly, the Audit Committee now comprises Messrs R Lewin and AB Swan, both independent non-executive directors. The company is urgently attending to identifying a suitable independent party to fill the vacancy on the Audit Committee and will advise shareholders of progress made in this regard.



PH Duvenhage will remain on the board of directors as a non-executive director.
28-Jun-2013
(Official Notice)
Shareholders are advised that the company's annual integrated report, incorporating the audited annual financial statements for the year ended 31 December 2012, has been published on the company's website, www.micromega.co.za, and contains no changes from the audited annual financial statements released on SENS on Thursday, 28 March 2013.



AGM notice

The company's notice of annual general meeting and summary annual integrated report was dispatched to shareholders. MICROmega's annual general meeting will be held at MICROmega's offices, MMG House, 66 Park Lane, Sandton, 2196 at 10h00 on 16 August 2013. Shareholders are further advised that due to the public holiday on Friday, 9 August 2013, the last day to trade in order to be eligible to participate in and vote at the annual general meeting is Thursday, 1 August 2013 and not Friday, 2 August 2013 as set out in the notice of annual general meeting. The record date for voting purposes remains Thursday, 8 August 2013.
05-Apr-2013
(Official Notice)
MICROmega today announced that its subsidiary company MICROmega Securities (Pty) Ltd. ("MICROmega Securities") has entered into a joint venture with GFI effective from 1 April 2013.



The joint venture will incorporate and operate GFI's electronic trading platforms: ForexMatch and CreditMatch. These platforms display foreign exchange, fixed income derivatives and bond prices on screen. This gives users more information and transparency into what factors are affecting the market, and enhances additional trading opportunities and price discovery within all markets.
28-Mar-2013
(C)
Revenue declined to R746 million (R775.5 million). Gross profit rose to R272.1 million (R255.2 million) and results from operations increased to R13.7 million (R10 million). Net attributable profit was higher at R11.6 million (R7 million). In addition, headline earnings per share grew to 32.58cps (20.50cps).



Dividend

No dividend has been declared.
27-Mar-2013
(Official Notice)
The board of directors of MICROmega notified shareholders that Mr A B Swan, an independent non-executive director of the company, has been appointed as the lead independent director of the company with immediate effect.



Change in function of director

Shareholders are further advised that the board has considered the independence of Mr R C Lewin in terms of the provisions of King III and accordingly has resolved that his function be changed from that of non-executive director to independent non-executive director of the company with immediate effect.
27-Mar-2013
(Official Notice)
Accordingly, shareholders are advised that for the year ended 31 December 2012:

*headline earnings per share is expected to be between 55% and 60% higher than the headline earnings per share of 20.94 cents for the year ended 31 December 2011; and

*earnings per share is expected to be between 60% and 70% higher than the earnings per share of 7.72 cents for the year ended 31 December 2011.



Shareholders are advised that 80% of the headline earnings were earned in the first six months of trading, as published in the interim results. MICROmega's audited annual financial results for the year ended 31 December 2012 will be released on SENS on Thursday, 28 March 2013.
05-Dec-2012
(Official Notice)
Messrs Alan Barrington Swan and Pierre Duvenhage have been appointed to the board of directors of the company as non-executive directors with effect from 5 December 2012. Mr Peter Henwood, a non-executive director, has resigned from the board of directors of the company with effect from 4 December 2012.



Acorim Proprietary Ltd has been appointed as the company secretary with effect from 5 December 2012.
28-Sep-2012
(Official Notice)
The company advised that Tanya de Mendonca has resigned as company secretary with effect from 28 September 2012. A further announcement will be made once a new company secretary has been appointed.
15-Aug-2012
(Official Notice)
Shareholders are advised that David John Case has resigned as the financial director of the company with effect from 14 August 2012 and will be replaced by Russell Bryan Dick with immediate effect.
13-Aug-2012
(Official Notice)
MICROmega's subsidiary company NOSA has concluded a five year co-branding agreement with North Safety Products (Africa), a division of the North Safety Products Global group. The agreement means that approximately 275 000 hard hats with the NOSA brand will be sold in the South African market on an annual basis. This is the third agreement with suppliers of personal protective equipment (PPE) concluded by NOSA. The other two agreements include a five year contract with BATA Industrials' who are co- branding their entire safety footwear range; and a ten year contract with Bull Workwear, a manufacturer of overalls and protective wear. Since the rebranding more than 1.2 million BULL NOSA branded PPE garments have entered the market annually.
31-Jul-2012
(Official Notice)
Shareholders are advised that at the annual general meeting of MICROmega held at 10:00 on Tuesday, 31 July 2012 (in terms of the notice of annual general meeting contained in the MICROmega annual integrated report issued on 27 June 2012) all of the resolutions tabled thereat were approved by the requisite majority of shareholders.
26-Jul-2012
(C)
23-Jul-2012
(Official Notice)
Shareholders were advised that for the six months ended 30 June 2012,

*headline earnings per share is expected to be between 85% and 90% higher than the headline earnings per share of 13.72 cents for the six months ended 30 June 2011;

*earnings per share is expected to be between 104% and 109% higher than the earnings per share of 14.67 cents for the six months ended 30 June 2011.
13-Jul-2012
(Official Notice)
Shareholders were advised that the proxy form, attached to the notice of annual general meeting to be held at 10:00 on 31 July 2012 (''notice of annual general meeting''), and sent to MICROmega shareholders with MICROmega's annual integrated report on 27 June 2012, erroneously omitted reference to, and thus the ability of a shareholder to indicate how he wishes his proxy to vote on, ordinary resolution number 8, which is included in the notice of annual general meeting.



Accordingly, a copy of the revised proxy form including reference to ordinary resolution number 8 under the relevant section thereof in which a shareholder indicates how and in respect of what number of shares he wishes his proxy to vote; and distinguishing special resolution number 3 into two component parts, in line with the notice of annual general meeting, also under the relevant section thereof in which a shareholder indicates how and in respect of what number of shares he wishes his proxy to vote, together with this SENS announcement will be posted to MICROmega shareholders on 16 July 2012.



The revised proxy form is also available on the MICROmega website; www.micromega.co.za, and from the offices of the company at 66 Park Lane, Sandton, 2196, Johannesburg.
04-Jul-2012
(Official Notice)
MICROmega shareholders are advised that MICROmega has entered into an agreement with Hudaco Trading (Pty) Ltd ('Hudaco Trading'), a subsidiary of Hudaco Industries Ltd., to dispose of the entire business of Deltec Power, a wholly owned subsidiary of MICROmega, as a going concern, to Hudaco Trading, in accordance with the following terms and conditions ('the disposal').



Purchase consideration

From the effective date, being 30 April 2012, the business of Deltec Power has been sold to Hudaco Trading for a total purchase consideration of R41 500 000 (forty one million five hundred thousand Rand). The total purchase consideration shall be payable in cash on the implementation date, being the second business day following the fulfilment or waiver of the outstanding suspensive conditions referred to below.



Conditions precedent

The disposal is subject to the fulfilment of the following remaining suspensive conditions:

* confirmation from Hudaco Trading that it is satisfied with the results of the due diligence review; and

* conclusion of new lease agreements between Hudaco Trading and the landlord of the premises currently utilised by Deltec Power in Wynberg and Alrode.



These suspensive conditions have been stipulated for the benefit of Hudaco Trading and accordingly, Hudaco Trading is entitled to waive fulfilment of any of the abovementioned conditions. Competition Commission approval for the disposal was received on 27 June 2012.



Application of the disposal proceeds

The proceeds from the disposal will be reinvested into MICROmega's core businesses. This will enable MICROmega to continue its market growth in the services industries.



Categorisation

In terms of the JSE Listings Requirements, the disposal is classified as a category 2 transaction and therefore shareholder approval is not required.
27-Jun-2012
(Official Notice)
Shareholders were advised that the company's annual integrated report, incorporating the annual financial statements for the year ended 31 December 2011, was posted to shareholders today, 27 June 2012, and contained no modifications to the audited results which were announced on SENS on 5 March 2012 and published in the press on 6 March 2012. The annual integrated report, which is available on the company's website; www.micromega.co.za, contains a notice of annual general meeting of MICROmega shareholders, which will be held in the MICROmega boardroom, 66 Park Lane, Sandton, 2196 at 10h00 on 31 July 2012.
20-Jun-2012
(Official Notice)
Health and safety practitioners in South Africa now have the opportunity of joining the largest health and safety membership organisation in the world, through a partnership between NOSA (Pty) Ltd. (NOSA) and the Institution of Occupational Safety and Health (IOSH). MICROmega's subsidiary company NOSA finalised an affiliation agreement with the UK-based IOSH whereby selected students who pass NOSA's SAMTRAC Training Course have the opportunity of joining IOSH as a Technician at no charge.



IOSH members obtain a number of benefits such as free health and safety (H-S) advice, subscription to a monthly magazine, use of an online CPD system, downloadable best practice guides and the chance to shape the development of the global health and safety profession. IOSH was founded in 1945 and is the only Royal Chartered body for health and safety professionals in the world, and was the first European safety body to be awarded N status by the International Labour Organisation (ILO). IOSH has more than 40 000 individual members in 85 countries and has experienced a 35% growth in members over the past five years, which is a reflection of the growth in the global H-S industry.
14-Jun-2012
(Official Notice)
MICROmega's subsidiary company NOSA (Pty) Ltd. ("NOSA") is this week hosting a Health, Safety - Environment ("HSE") seminar for a delegation from China's State Development - Investment Corporation ("SDIC"). Seventeen delegates from China's SDIC will be attending training and update seminars on the latest developments in the HSE industry. During their visit the delegates will also be hosted by several of NOSA's clients to benchmark their own HSE performance against leading South African companies.
04-Jun-2012
(Official Notice)
MICROmega subsidiary NCA receives SANAS accreditation MICROmega's newly formed subsidiary NOSA Certification Authority ("NCA") has received its South African National Accreditation System (Pty) Ltd. ("SANAS") accreditation. This enables NCA to provide accredited ISO 9001 (quality) and ISO 14001 (environmental) certification. Whilst the demand for ISO certification continues to grow in South Africa, NCA will also benefit from its ability to leverage off its sister company's (namely NOSA) established infrastructure and broad client base. Despite being a new entity, NCA's management team has in excess of 20 years experience in the certification industry.



Gordon-Bennett commented further that most of the certification companies operating in South Africa are international and are therefore governed by the rules and regulations of their parent. This can make the process cumbersome and inefficient, which will not be the case with NCA. In addition to providing ISO9001 and ISO14001 certification, NCA is also able to provide OHSAS18001 (occupational health and safety) certification.
17-May-2012
(Official Notice)
MICROmega's subsidiary company NOSA (Pty) Ltd. ("NOSA") has secured an additional tender for the provision of a "Working at Heights" solution from Transnet Rail Engineering ("Transnet").
15-Mar-2012
(Media Comment)
According to the Financial Mail, MICROmega shareholders can look forward to receiving dividends now that the company has sold off several loss-making units. The bullish forecast is also partly based on the MICROmega's prospects for Turrito Networks ("Turrito"), its new technology business. Turrito provides hosting, internet and cloud computing services.
06-Mar-2012
(Official Notice)
Shareholders are referred to the audited financial statements for the year ended 31 December 2011 announcement released on SENS on Monday, 5 March 2012 and are advised that the financial statements were audited by the company's auditors, Nexia SAB - T, and their unqualified audit report is available for inspection at the company's registered office.
05-Mar-2012
(C)
Revenue improved to R775.5 million (R682.3 million) and gross profit rose to R255.2 million (R230.9 million). However, results from operations dropped to R10.4 million (R14.8 million), while profit attributable to owners of the company jumped to R7.4 million (R5.7 million). In addition, headline earnings per share increased to 20.94cps (16.46cps).



Prospects

The company is confident that the group is well positioned to deliver strong earnings growth in 2012. NOSA completed its investment in infrastructure in South Africa in 2011, enabling the business to deliver services from 25 regional offices that will underpin revenue and earnings growth going forward. Acceptance by client company directors that they are accountable for the safety of their employees and the enforcement of relevant legislation all result in a demand driven environment for the business. The decision to franchise the NOSA product offering globally in 2012 will allow multinationals, requesting our products outside Africa, access to them through well-capitalised and established local operators. The company's investment in cloud computing solutions over the past three years will contribute to earnings in 2012. The company is a leader in the field of application delivery through the cloud onto multiple devices. The group's products are unique, and since the launch of its first product this year it has secured twenty public sector clients and a number of large multinationals. The company is currently performing live proof of concept trials at a number of institutions and corporates in South Africa. The company remains uncertain as to the magnitude of the demand it will receive for its cloud products however the company is confident, based on the current reception, that this business will provide strong earnings growth for the group in future periods. On the whole the group is satisfied that the restructuring undertaken in 2011 has resulted in a portfolio of good businesses with solid market traction. The acquisitions and development of new products and services has, in past years, primarily been funded out of retained earnings. The company's realigned portfolio will be more cash generative and thereby place the group in a position to commence the payment of dividends.
02-Mar-2012
(Official Notice)
Companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from the financial results of the previous corresponding period. Accordingly, shareholders are advised that for the year ended 31 December 2011,

* headline earnings per share is expected to be 27% higher than the headline earnings per share of 16.46 cents for the year ended 31 December 2010;

* earnings per share is expected to be 32% higher than the earnings per share of 5.86 cents for the year ended 31 December 2010.



The results reflect the impact of the costs of the restructuring of MICROmega which entailed the disposal and closure of non-profit contributing businesses and a refocus of the company's investment into information technology and its traditional support service operations. The annual financial results announcement will be released on SENS on Monday, 5 March 2012 and all stakeholders are invited to an investor presentation at MICROmega House, 66 Park Lane, Sandton at 11:30 for 12:00.
16-Feb-2012
(Official Notice)
MICROmega's subsidiary company NOSA (Pty) Ltd ("NOSA") has secured a national tender for the provision of a Working at Heights solution from Transnet Rail Engineering ("Transnet").



In terms of South Africa's Occupational Health and Safety Act, 1993. all work done at an elevation of 2 metres and higher requires a fall protection plan. The fall protection plan requires equipment, training, procedures and methods to address relevant risks. This all forms part of a Working at Heights solution.



NOSA, in addition to opening a Working at Heights division, have also been approved in terms of General Safety Regulation 3(4)(d) of the Occupational Health and Safety Act, 1993 to issue certificates of competency in First Aid Level 1, 2 and 3.
07-Feb-2012
(Official Notice)
MICROmega's subsidiary company, Turrito Networks (Pty) Ltd ("Turrito"), recently signed a partnership agreement with Super Group Ltd ("Super Group") to deliver cloud computing services to Super Group's organization. Turrito is a provider of network and virtualization services, for both private and public cloud requirements. These solutions are accessible anywhere and are not bound to specific physical devices. This enables the virtualization of a corporate's network in a very short space of time and enables the delivery of the customer's choice of services from the cloud. In terms of the agreement, the primary data centre for Super Group went live with Turrito's cloud technology in January 2012. This internal infrastructure is delivering cloud computing services to Super Group and its customers in South Africa and several international regions. Turrito are working closely with Super Group to expand the cloud computing enablement across its operating regions.
01-Feb-2012
(Official Notice)
MICROmega Holdings Ltd has acquired a controlling interest in MIS Consulting (Pty) Ltd ("MIS"). MIS provides a unique customer to business, and business to business enterprise communication service using SMS. According to Greg Morris, Chief Executive Officer of MICROmega, "MIS's product offering is unique in that the business provides a fully integrated platform of communication between businesses and their customers. The traditional model of down-stream communication from an enterprise to its customer base, whilst effective, can often be viewed as cumbersome, limited and in some instances downplayed as "spam".



Our service offering is industry and customer specific and by using the largest medium of communication availabe today (SMSing) we are able to allow businesses to professionally receive, mananage and respond to customer requirements. It further tracks and allows for the monitoring of consumer trends and consumer behaviour." MIS has to date launched it`s product, namely Coretalk, through distribution partners in South Africa, Columbia and Costa Rica.



MIS will be integrated into the broader product offerings currently being provided by MICROmega's connectivity and cloud computing business units. The acquisition, due to its size, is not a categorizable transaction for the purposes of the JSE Listings Requirements.

19-Jul-2011
(C)
Revenue for the interim period was higher at R359.8 million (2010: R327 million). Gross profit increased to R131.5 million (2010: R107.2 million), while operating profit rose to R18.6 million (2010: R10.5 million). Profit attributable to owners of the company increased to R14.1 million (2010: R7.9 million). Furthermore, headline earnings per share increased to 13.72cps (2010: 7.66cps).



Dividend

No dividend was declared for the period under review.



Outlook

The results were pleasing although caution is warranted when reviewing the year on year comparison against what was a particularly poor prior year. Other than Deltec Batteries, the group's automotive businesses continue to struggle and there is no visibility of an improved performance in the balance of the year. Market activity in financial services business remains flat and there is also no sign of improved market conditions in the immediate or intermediate future. The support services division performed reasonably well thanks mainly to the continued growth and acceptance of the NOSA brand by the South African health and safety community. The restructured IT division is also showing signs of improvement under its new management structure and it is anticipated that this will continue. All in all, the group is in a stronger position than a year ago but will continue to face challenges in key markets. We certainly do not have sufficient market visibility to make sensible predictions for the next 6 months.

15-Jul-2011
(Official Notice)
Shareholders are advised that at the annual general meeting of MICROmega held at 10:00 on Friday, 15 July 2011, all the ordinary resolutions and the special resolutions, as proposed in the notice of the annual general meeting, were passed unanimously by MICROmega shareholders. The special resolutions will be submitted for registration with the Companies and Intellectual Property Commission in due course.
14-Jul-2011
(Official Notice)
Shareholders are advised that for the six months ended 30 June 2011, the headline earnings per share are expected to be between 78% and 80% higher than the headline earnings per share of 7.66 cents for the six months ended 30 June 2010. Earnings per share for the same period are expected to be 80% - 82% higher than the earnings per share of 8.10 cents for the six months ended 30 June 2010.
20-Jun-2011
(Official Notice)
Shareholders were advised that the company's annual report, incorporating the annual financial statements for the year ended 31 December 2010, was posted to shareholders today (20 June 2011) and contained no modifications to the audited results which were announced on SENS on 31 March 2011 and published in the press on 1 April 2011.



The annual report contains a notice of annual general meeting of MICROmega shareholders, which will be held in the MICROmega boardroom, 66 Park Lane, Sandton, 2196 at 10h00 on 15 July 2011.
17-Jun-2011
(Official Notice)
Shareholders were referred to the cautionary announcement dated 24 January 2011, and the further cautionary announcements released thereafter, the last of which was dated Tuesday, 7 June 2011 and are advised that as negotiations have been terminated, caution is no longer required to be exercised by shareholders when dealing in the company's securities.
07-Jun-2011
(Official Notice)
Further to the cautionary announcement dated Monday, 24 January 2011, and the further cautionary announcements dated, Tuesday, 8 March 2011 and Wednesday, 20 April 2011, shareholders were advised that negotiations 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 full announcement is made.
20-Apr-2011
(Official Notice)
Further to the cautionary announcement dated Monday, 24 January 2011, and the further cautionary announcement dated 8 March 2011, shareholders are advised that negotiations 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 full announcement is made.
31-Mar-2011
(C)
Revenue dropped to R682.3 million (R747.3 million) but gross profit grew slightly to R230.9 million (R230.1 million). Operating profit fell to R14.8 million (R37 million), while profit for the year attributable to owners of the company decreased to R5.7 million (R16.4 million). Also, headline earnings per share weakened to 16.46cps (20.75cps).



Dividend

No dividend was declared for the period under review.



Prospects

Future growth prospects are discernible in the information technology and support services operations. In these two sectors the group is pleased to report that market conditions remain kind and the challenge is to secure the requisite skills to meet client's expectations and demands. The decision has been taken to expand the services provided by NOSA beyond the African continent. In January 2011 the group started to actively support demand for its services from China. The order book for 2011 boasts clients such as China Light and Power and a further twenty blue chip corporates in mainland China. This favourable entry into China bodes well for operating profits for 2011. The group anticipates that by the close of this year we it will have taken the NOSA services to Latin America where we it is experiencing demand from South African based mining operations in that region. The information technology sector is continuously requiring investment in product development and the group has invested substantially in that area during 2010. This investment is expected to assist in growing earnings in 2011 and beyond.
31-Mar-2011
(Official Notice)
MICROmega shareholders are referred to the trading statement released on SENS on Tuesday, 29 March 2011, wherein it was stated that headline earnings per share for the year ended 31 December 2010 was expected to be between 10% and 15% lower than the year ended 31 December 2009 and earnings per share for the year ended 31 December 2010 was expected to be between 50% and 60% lower than for the year ended 31 December 2009. Shareholders were advised that the trading statement has been revised and that the headline earnings per share is 21% lower than the headline earnings per share of 20.75 cents for the year ended 31 December 2009 and that the earnings per share for the year ended 31 December 2010 is 65% lower than the earnings per share of 16.88 cents for the year ended 31 December 2009. The annual financial results announcement will be released on SENS no later than 31 March 2011.
29-Mar-2011
(Official Notice)
Accordingly, shareholders are advised that for the year ended 31 December 2010, headline earnings per share is expected to be between 10% and 15% lower than the headline earnings per share of 20.75 cents for the year ended 31 December 2009. Earnings per share for the year ended 31 December 2010 is expected to be between 50% and 60% lower than the earnings per share of 16.88 cents for the year ended 31 December 2009. The annual financial results announcement will be released on SENS no later than 31 March 2011.
08-Mar-2011
(Official Notice)
Further to the cautionary announcement dated Monday, 24 January 2011, shareholders were advised that negotiations are still in progress, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders were advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
24-Jan-2011
(Official Notice)
Shareholders were advised that MICROmega has entered into negotiations, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
18 Jan 2011 16:24:50
(Official Notice)
Shareholders were advised that Mr Peter Vivian Henwood, currently an independent non-executive director of the company has been appointed as lead independent non-executive director with immediate effect.
17 Jan 2011 16:43:22
(Official Notice)
MICROmega has appointed Mr Dave King as executive chairman of the company, with immediate effect.
12 Oct 2010 10:15:07
(Official Notice)
MICROmega shareholders are advised that MICROmega has entered into an agreement with Ian Gregory Morris ("vendor") to acquire 86% of the issued share capital of GIM Holdings , with effect from 15 October 2010, for a total consideration of R7 240 000. The vendor will retain a 14% interest in GIM Holdings and a lease agreement for the next 12 months has been signed with the vendor at a rental of R60 000 per month ("the rental"). GIM Holdings is a property investment company with an investment property consisting of a residential abode situated on Erf 278, Hyde Park Ext 47. The total property size is around 3 600 square metres. The group see development in this area in the future adding better than average returns to shareholders. Similar development has occurred within the suburb and has been successful.



Terms of the acquisition

Acquisition, consideration and settlement terms the acquisition consideration of R7 240 000 million will be settled as follows:

* First payment - R7 240 000 in cash will be paid to the vendor of GIM Holdings on the closing date of the agreement. A monthly rental of R60 000 has been secured from the Vendor whilst the group commences with the development plans for the property.



Condition precedent

The implementation of the acquisition is subject to the vendor writing off all and any claims against the company and retaining all obligations of settlement of any financing structures used to fund the deal, limited to the amount owed to third parties on the closing date of the transaction.



Financial effects of the acquisition

Before and after:

* Earnings per share (cents) : 8.10 - 8.17

* Headline earnings per share (cents) : 7.66 - 7.72

* Net asset value per share (cents) : 288.42 - 288.42

* Net tangible asset value per share : 219.86 - 219.86

* Weighted average number of shares : 96 953 - 96 953

* Total number of shares in issue : 96 948 - 96 948.
31 Aug 2010 14:00:21
(C)
Revenue for the interim period was lower at R327 million (2009: R394.5 million). Gross profit decreased to R107.2 million (2009: R111.6 million), while operating profit fell to R10.5 million (2009: R22 million). Profit attributable to owners of the company weakened to R7.9 million (2009: R11 million). Furthermore, headline earnings per share decreased to 7.66cps (2009: 11.52cps).



Dividend

No dividend was declared.



Outlook

As has been the cyclical trend over the past few years, the group's results for the second half of 2010 have historically outperformed the first half and management anticipates this trend to continue.
06 Aug 2010 11:27:51
(Official Notice)
MICROmega advises shareholders that headline earnings per share for the 6 months ended 30 June 2010 are expected to be between 32% and 36% lower than the headline earnings per share of 11.52 cents for the 6 months ended 30 June 2009. Earnings per share for the same period are expected to be between 28% and 32% lower than the earnings per share of 11.34 cents for the 6 months ended 30 June 2009. The financial information on which this trading statement is based has not been reviewed or reported on by the group's auditors. The group's results for the 6 months ended 30 June 2010, are expected to be published on or about 11 August 2010.
30 Jul 2010 13:59:23
(Official Notice)
Shareholders are advised that Tanya de Mendonca has been appointed as company secretary with effect from 30 July 2010.

30 Jul 2010 13:58:34
(Official Notice)
Shareholders are advised that at the annual general meeting of MICROmega held at 10:00 on Friday, 30 July 2010, all the ordinary resolutions and the special resolution, as proposed in the notice to the annual general meeting, were passed by the requisite majority of shareholders. The special resolution will be submitted for registration with the Companies and Intellectual Property Registration office in due course.
30 Jun 2010 12:19:43
(Official Notice)
Notice was given that the annual general meeting of the company will be held in the boardroom, Block C, Chislehurston Office Park, 19 Impala Road, Chislehurston, Sandton, at 10h00 on Friday, 30 July 2010, to transact the business as stated in the notice of annual general meeting included in the annual report for the period ended 31 December 2009. Shareholders are advised that the company's annual financial statements for the year ended 31 December 2009 were posted to shareholders today and contain no modifications to the audited results which were published on 30 March 2010. KPMG Inc. audited the results and the annual financial statements of MICROmega and their reports are available for inspection at the registered offices of the company.
01 Apr 2010 12:34:17
(Official Notice)
Shareholders are advised of the following changes to the board of directors:



Restructure of board:

Mr Duncan Stuart Ebden Carlisle, the current financial director, has been appointed as the managing director with effect from 1 April 2010.



Appointment:

Mr David John Case has been appointed to the board of directors with effect from 1 April 2010. Mr Case, who will serve as the financial director, was previously the chief financial officer, a role which he has fulfilled since 2007. Mr Case has also previously been the company secretary and will add further expertise on compliance and corporate governance.
30 Mar 2010 07:51:17
(C)
Total revenue decreased to R747.3 million (R843.8 million) and gross profit declined to R230.1 million (R270.7 million). Results from operations almost halved to R37 million (R71.1 million). Net attributable profit dropped to R16.4 million (R60.2 million). In addition, headline earnings per share fell to 20.75cps (40.26cps).



Outlook

The group remains optimistic about its financial performance for the 2010 financial year and believes that the inherent balance sheet strength with low gearing will afford growth opportunities.
05 Nov 2009 15:01:30
(Official Notice)
Mr John Ernest Newbury, a non-executive director has resigned from the board of directors with effect from 5 November 2009.
30 Sep 2009 14:19:44
(C)
Revenue for the six months ended 30 June 2009 increased marginally by 2.13% over the same six months of the previous year. Headline earnings per share decreased from 23.99c to 11.52c. Net asset value per share improved from 229.92c to 267.33c. No dividends was declared for the interim period.
29 Sep 2009 12:34:38
(Official Notice)
MICROmega wishes to advise shareholders that headline earnings per share for the six months ended 30 June 2009 are expected to be between 50% and 54% lower than the headline earnings per share of 23.99 cents for the 6 months ended 30 June 2008. Earnings per share for the same period are expected to be between 68% and 72% lower than the earnings per share of 37.57 cents for the 6 months ended 30 June 200. The decline in both headline earnings per share and earnings per share is a consequence of the recent failure to conclude a transaction to dispose of certain assets held at book value in our discontinued operation and the need to now provide for this write down as at the 30 June 2009. The group's results for the six months ended 30 June 2009, are expected to be published on or around the 30 September 2009.
24 Jul 2009 12:28:56
(Official Notice)
Shareholders are advised that at the annual general meeting of MICROmega held at 10:00 on Friday, 24 July 2009, all the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed by the requisite majority of shareholders. The special resolutions will be lodged for registration with the Registrar of Companies in due course.
30 Jun 2009 17:50:10
(Official Notice)
Notice is hereby given that the annual general meeting of the company will be held in the boardroom, Block C, Chislehurston Office Park, 19 Impala Road, Chislehurston, Sandton, at 10:00 on Friday, 24 July 2009, to transact the business as stated in the notice of annual general meeting included in the annual report for the period ended 31 December 2008.



Shareholders of MICROmega are referred to the preliminary report of financial information published on 30 March 2009 and are advised that the annual financial statements for the period ended 31 December 2008 have now been posted to shareholders. MICROmega shall not be publishing an abridged report, as the information previously published in the preliminary report is unchanged.
02 Apr 2009 17:00:43
(Official Notice)
Shareholders are advised of the following changes to the board of directors:

* Mr Duncan Stuart Ebden Carlisle has been appointed to the board of directors with effect from 30 March 2009. Mr Carlisle, who will serve as the financial director, was previously the managing director of the NOSA Group within MICROmega, a role which he has fulfilled since 2005. Mr Carlisle brings with him extensive experience in the industries and entities within MICROmega.

* Mr David Malcolm Carson, an independent non-executive director has resigned from the board of directors with effect from 30 March 2009. Mr Carson`s resignation is a direct consequence of him moving to the United Kingdom. The Board thanks Mr Carson for his dedication and contribution.
02 Apr 2009 16:58:42
(Official Notice)
Shareholders are advised that Mr Gareth William Schnehage has been appointed as company secretary with effect from the 30 March 2009. Mr Schnehage is a Chartered Accountant and has been with the company for 15 months as a financial manager. Mr Schnehage replaces Mr David John Case who has resigned from this post but who however remains on in the company in other capacities.
30 Mar 2009 18:12:37
(C)
Revenue increased from R483 174 million to R843 772 million in 2008. Gross profit rose to R270 729 million (2007:R171 101million) and operating profit increased to R71 117 million (2007:R54 354 million). Profit attributable to ordinary shareholders increased to R60 241 million (R40 401 million). Headline earnings on a per share basis decreased to 40.26cps (41.61cps).



Dividends per share

No final dividends have been declared for the period under review.



Prospects

The company remains confident that the company continue to enjoy similar rates of growth both in our balance sheet strength and operating account in 2009. The operating investment the company has made in 2008 to establish our four new information technology companies will give the company a positive return in 2009, and the company is cautiously confident that the company have underpinned the economic impact that the decline in global automotive sales could have on those businesses adversely affected in 2008.
27 Mar 2009 10:03:49
(Official Notice)
MICROmega wishes to advise shareholders that earnings per share for the year ended 31 December 2008 are expected to be between 48% and 50% higher than the earnings per share of 41.45 cents for the year ended 31 December 2007. Headline earnings per share for the same period are expected to be between 3% and 4% lower than the headline earnings per share of 41.91 cents for the year ended 31 December 2007.



The timing of this trading statement has been directly influenced by the finalization of the accounting treatment of certain items of the discontinued operations within Kolbenco (Pty) Ltd, which were finalized this week. The group's results for the year ended 31 December 2008, are expected to be published on or around the 30 March 2009.
23 Dec 2008 10:34:24
(Official Notice)
23 Sep 2008 13:17:08
(Official Notice)
Shareholders are advised of the following changes to executive management, Mr Wayne Edward Rosenberg has resigned from the position of Group Chief Executive Officer with effect from 30 September 2008.
18 Aug 2008 18:03:17
(C)
Revenue increased by 68% to R386.3 million (R229.3 million) and operating profit rose to R45.3 million (R25.7 million). Net profit attributable to ordinary shareholders increased to R36.1 million (R19.9 million) and there was a 28% increase in headline earnings per share to 23.99cps (18.81cps).



Dividend

No dividend has been declared.



Prospects

MICROmega's diversification strategy has worked well both in terms of preserving profit margins and ensuring that the company has the ability to grow its earnings base. Balance sheet strength and MICROmega's significantly under-geared position will allow it to continue to grow at the current rate by investing in the scalability of current operations and in the acquisition of complementary businesses. MICROmega recognises that trading conditions are not likely to improve materially during the remaining half of the year but is confident that operations are robust enough to continue to deliver good earnings growth for shareholders.
14 Aug 2008 08:17:51
(Official Notice)
MICROmega wishes to advise shareholders that headline earnings per share for the six months ended 30 June 2008 are expected to be between 25% and 30% higher than the headline earnings per share of 18.81c for the 6 months ended 30 June 2007. Earnings per share for the same period are expected to be between 80% and 85% higher than the earnings per share of 20.42c for the 6 months ended 30 June 2007. The group's results for the six months ended 30 June 2008, are expected to be published on or around the 19 August 2008.
25 Jul 2008 14:24:33
(Official Notice)
Shareholders are advised that at the annual general meeting of MICROmega held at 10:00 on Friday, 25 July 2008, all the ordinary and special resolutions, as proposed in the notice to the annual general meeting, were passed by the requisite majority of shareholders with the exception of the re-election of Mr ES Mpanza to the board of directors. The special resolutions will be lodged for registration with the Registrar of Companies in due course.
30 Jun 2008 08:47:44
(Official Notice)
Notice is hereby given that the annual general meeting of the company will be held in the boardroom, Block C, Chislehurston Office Park, 19 Impala Road, Chislehurston, Sandton, at 10h00 on Friday, 25 July 2008, to transact the business as stated in the notice of annual general meeting included in the annual report for the period ended 31 December 2007. Shareholders of MICROmega are referred to the preliminary report of financial information published on 25 March 2008 and are advised that the annual financial statements for the period ended 31 December 2007 have now been published. MICROmega shall not be publishing an abridged report, as the information previously published in the preliminary report is unchanged.
23 Jun 2008 15:12:11
(Official Notice)
Messers John Ernest Newbury and Peter Vivian Henwood have been appointed to the board of directors with effect from 23 June 2008.
08 Apr 2008 17:47:52
(Official Notice)
MICROmega shareholders are advised that MICROmega has entered into an agreement with John Newbury Investments (Pty) Ltd to acquire 90% of the issued share capital of Kolbenco and its related businesses, with effect from 1 March 2008, for a total consideration of R8 million.



Shareholders are referred to the cautionary announcements and are advised that as a result of the successful negotiations to acquire Kolbenco, caution is no longer required to be exercised by shareholders when dealing in the company?s securities.
28 Mar 2008 14:32:32
(Official Notice)
Further to the cautionary announcement dated 14 February 2008, shareholders are advised that negotiations are still in progress to acquire the entire shareholding in Kolbenco (Pty) Ltd. If these negotiations are successfully concluded, it may have a material effect on the price at which the company's securities trade on the JSE Ltd. Accordingly, shareholders are advised to continue exercising caution when dealing in MICROmega securities, until such time as a full announcement is made.
27 Mar 2008 07:23:51
(Media Comment)
According to Business Report, MicroMega Technologies ("MMT"), a subsidiary of MICROMega, has been appointed to distribute NetQoS technology products in Africa and the Middle East. Scott Sherwood, the vice-president of worldwide sales for NetQoS, said that MMT was the ideal company through which to expand NetQoS's sales in "both Africa and the Middle East".
25 Mar 2008 17:55:52
(C)
The group reported a 34% increase in headline earnings per share to 42c, a 53% increase in revenue and a 33% growth in attributable profit per share. The group's balance sheet continues to strengthen with an increase of 31% in net asset value to 197cps and an increase of 39% in net tangible asset value to 136cps.
20 Mar 2008 14:51:28
(Official Notice)
Shareholders are referred to the trading statement released on SENS on Tuesday, 18 March 2008 and are advised that it has been revised as follows: Headline earnings per share for the year ended 31 December 2007 are expected to be between 28% and 35% higher than the restated headline earnings per share for the year ended 31 December 2006. Earnings per share for the year ended 31 December 2007 are expected to be between 28% and 35% higher than the restated earnings per share for the year ended 31 December 2006. The financial information on which this trading statement is based has not been reviewed or reported on by the group's auditors. The group's results for the year ended 31 December 2007, are expected to be published on the 25 March 2008.
18 Mar 2008 13:29:48
(Official Notice)
MICROmega wishes to advise shareholders that headline earnings per share for the year ended 31 December 2007 are expected to be between 28% and 32% higher than the restated headline earnings per share of 31.67 cents for the year ended 31 December 2006. The group?s results for the year ended 31 December 2007, are expected to be published on the 20 March 2008.
14 Feb 2008 17:32:00
(Official Notice)
Further to the announcement dated 11 January 2008, MICROmega Shareholders are advised that the proposed disposal of BTM Manufacturing (Pty) Ltd to Autovest Ltd has not taken place due to the non- fulfilment of the conditions precendent.



Shareholders are further advised that in continuation of the cautionary announcement dated 11 January 2008, MICROmega is in negotiations to acquire the entire shareholding in Kolbenco (Pty) Ltd, a first tier OEM supplier. If these negotiations are successfully concluded, it may have an effect on the price at which the company's securities trade on the JSE Ltd. Accordingly, shareholders are advised to exercise caution when dealing in MICROmega securities, until such time as a full announcement is made.
03 Aug 2006 15:14:47
(Official Notice)
MICROmega Holdings Ltd's short name as reflected in the press and on the JSE's system will change from "MMG" to "MICROmega" with effect from the commencement of business on Friday, 4 August 2006.
17 Jul 2006 17:25:38
(C)
Turnover increased by 152.40% to R154.58 million (R61.24 million) while headline earnings increased by 139.10% to 14.37cps (6.01cps). The group's balance sheet continued to strengthen. The growth of 36% in net asset value and 31% in net tangible asset value was attributed to the growth in retained earnings and MICROmega's strategy to use equity as a currency for acquisitions. Cash flow in the first six months has been impacted by the settlement of vendor payments. No dividend was declared.



Prospects

The directors are confident that MICROmega will be able to continue to deliver strong earnings growth. The board is confident that the organic growth the company is experiencing from its current businesses bodes well for next year. This together with MICROmega's ongoing strategy to acquire businesses gives the directors confidence that their objective to continue to generate sustainable earnings growth can be achieved.
13 Jul 2006 11:34:24
(Official Notice)
The annual general meeting of the company will be held in the boardroom, Block C, Chislehurston Office Park, 19 Impala Road, Chislehurston, Sandton, at 14h30 on Friday, 18 August 2006.



Shareholders of MICROmega are referred to the preliminary report of financial information published on 31 March 2006 and are advised that the annual financial statements for the period ended 31 December 2005 have now been published. MICROmega shall not be publishing an abridged report, as the information previously published in the preliminary report is unchanged.
04 Jul 2006 10:58:58
(Official Notice)
The JSE has advised that Micromega has failed to submit their annual reports within the six months period stipulated in the JSE's Listings Requirements.



Accordingly, the company's listing on the JSE SETS system has been annotated with an "RE" to indicate that the company has failed to submit its annual reports timeously and that the listings of the company's securities is under threat of suspension and possible termination. Should the company still fail to submit its annual reports by Monday, 31 July 2006, its listing will be suspended.
29 Jun 2006 14:03:19
(Official Notice)
MICROmega wishes to advise shareholders that headline earnings per share for the 6 months ended 30 June 2006 are expected to be between 115% and 135% higher than the headline earnings per share of 6.01c for the 6 months ended 30 June 2005. Earnings per share for the same period are expected to be between 230% and 250% higher than the earnings per share of 3.92 cents for the 6 months ended 30 June 2005 The group's results for the 6 months ended 30 June 2006 are expected to be published before the end of August 2006.
13 Jun 2006 09:24:09
(Official Notice)
Potsishi Hendriek (Oupa) Seabi, an independent non-executive director of the company, has resigned from the board of directors with effect from 1 June 2006.
13 Apr 2006 14:07:18
(Official Notice)
Further to the cautionary announcement published on 9 January 2006 and its subsequent renewal on 20 February 2006, MICROmega has entered into an agreement to acquire the entire issued share capital of BTM Manufacturing (Pty) Ltd and its related businesses, with effect from 1 November 2005, for a total consideration of R20 million. BTM is the largest manufacturer of bullbars and the second largest manufacturer of towbars in Southern Africa. BTM supplies exclusively to independent distributors and has an extensive distribution network throughout Southern Africa. The cautionary announcement dated 20 February 2006 was withdrawn.
31 Mar 2006 17:59:48
(C)
MICROmega reported a 91% increase in headline earnings per share to 18.9c (9.89c) for the financial year ended 31 December 2005. Operating profit rose to R18.3 million (R6.4 million) with profit for the period rising to R15.4 million (R12.2 million). The group has diversified its activities beyond the provision of financial services into support services, information technology, manufacturing and agency businesses. This significantly strengthened the company's ability to grow earnings without placing key dependency on isolated sectors of the market.



Prospects

The directors are confident that revenue will double in 2006, and that the group will continue to retain the current operating margins in its businesses. The group's strategy is to continue to identify and pursue acquisition opportunities and this together with the group's current strong earnings growth will ensure that MICROmega continues to enjoy the current high levels of growth.
31 Mar 2006 11:19:17
(Official Notice)
Headline earnings per share for the 12 months ended 31 December 2005 are expected to be between 80% and 95% higher than the headline earnings of 10cps for the 12 months ended 31 December 2004. Attributable earnings per share for the same period are expected to between 20% and 30% higher than the earnings per share of 14c for the period ending 31 December 2004. The company anticipates publishing its results on or about 3 April 2006.

23 Mar 2006 09:40:47
(Official Notice)
David John Case has been appointed as company secretary with effect from 20 March 2006. Clinton Holroyd resigned from the board with effect from 17 March 2006.
21 Feb 2006 12:18:06
(Official Notice)
Shareholders are referred to the cautionary announcement dated 9 January 2006, and are advised that the negotiations are still in progress. Shareholders are advised to continue to exercise caution when dealing in MICROmega securities, until such time as a full announcement is made.







11 Jan 2006 17:26:03
(Official Notice)
At the general meeting of shareholders of the company held on Wednesday, 11 January 2006, the resolutions proposed in order to dispose of 50% of MICROmega's shareholding in MICROmega Revenue Management Solutions (Pty) Ltd to Mzimkhulu Financial Services (Pty) Ltd, for a consideration of R32.5 million, were passed by the requisite number of shareholders.



MRMS is South Africa's largest revenue management service provider to Local Government. The business has been in existence for more than thirty years and boasts a client base that includes three of the six metropolitans. In addition, the transaction represents a substantial empowerment deal for the company. The cautionary announcement dated 9 January 2006 is, however, still in effect, and as a result, shareholders are advised to continue to exercise caution when dealing in their MICROmega shares.
09 Jan 2006 15:42:52
(Official Notice)
Shareholders are advised that MICROmega is in negotiations, which if successfully concluded, may have an effect on the price at which the company's securities trade on the JSE. Accordingly, shareholders are advised to exercise caution when dealing in MICROmega securities, until such time as a full announcement is made.
08 Dec 2005 13:25:09
(Official Notice)
Shareholders are referred to the announcement dated 7 November 2005, wherein the disposal of 50% of Micromega Revenue Management Solutions (Pty) Ltd was announced. Due to a number of circumstances, the dates announced on 7 November 2005 have been changed, and are now as follows:

*Circular and notice of general meeting posted on or before Tuesday, 20 December

*Last day for lodging form of proxy by 10:00am on Monday, 9 January 2006

*General meeting of MICROmega shareholders to be held at 10:00am on Wednesday, 11 January 2006

*Results of general meeting released on SENS Wednesday, 11 January 2006



09 Nov 2005 16:49:28
(Official Notice)
Shareholders are advised that an agreement has been concluded for the disposal of 50% of the issued share capital of MICROmega Revenue Management Solutions (Pty) Ltd ("MRMS"), to Mzimkhulu Financial Investments (Pty) Ltd ("Mzimkhulu"). Negotiations, whilst recently concluded, were initiated in June 2004 and the delay in execution was a result of the internal corporate restructuring within MRMS, as well as the need to identify and adopt the correct funding mechanisms for Mzimkhulu. Consequently the effective date of this transaction is 1 January 2005. Mzimkhulu will acquire 50% of the issued share capital of MRMS for a purchase consideration of R32.5 million. The consideration shall be funded by the MICROmega Empowerment Fund, a division of MICROmega. The funds advanced to Mzimkhulu bear interest at the prime lending rate and shall be repaid by Mzimkhulu over a seven year period.



Salient dates and times:

*Circular and notice of general meeting posted on Tuesday, 29 November

*Last day for lodging form of proxy by 10:00am on Monday, 12 December

*General meeting of MICROmega shareholders to be held at 10:00am on Wednesday, 14 December

*Results of general meeting released on SENS Wednesday, 14 December
29 Sep 2005 18:14:31
(C)
The adoption of IFRS has resulted in the prior year headline earnings per share of 5.39cps being restated to 4.64cps compared to the present period's 6.01cps. The increase is a direct result of an increase in the performance of all the operating subsidiaries within the group. Revenue increased to R61.2m (R39.6m) and profit for the period rose to R3.5m (R2.4m).



Prospects

The group anticipates the current growth rate in headline earnings of 30% to be sustainable in the second half of 2005. MICROmega's earnings base which is dominated by both commercial and contractual annuity based income streams ensures that it is now well placed to forecast income and consequently look forward with the assurance it requires to grow market share with confidence. Growth in earnings will not only be generated organically but also be positively impacted by acquisitions concluded during the current financial year.
19 Sep 2005 08:23:32
(Official Notice)
Shareholders are advised that the directors of Micromega are in negotiations, which, if successfully concluded, may have a material effect on the share price of Micromega. Accordingly, shareholders are advised to exercise caution when dealing in their Micromega shares until a further announcement is made.
15 Aug 2005 11:54:14
(Official Notice)
MICROmega has advised shareholders that headline earnings per share for the 6 months ended 30 June 2005 are expected to be between 20% and 40% higher than the headline earnings of 5.39c for the 6 months ended 30 June 2004.
16-Sep-2016
(X)
14 Dec 2001 00:00:00
(Official Notice)
Changed name from Financial Insourcing Specialists Ltd on 14 Dec 01.


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