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02-Nov-2016
(Official Notice)
Montauk?s ordinary shareholders are advised that at the Annual General Meeting (?AGM?) of Montauk held on Tuesday 1st November 2016, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of Montauk shareholders.
28-Oct-2016
(C)
Revenue more than doubled to USD42.1 million (USD17.3 million). EBITDA shot up 603.2% to USD17.0 million (USD2.4 million). Profit attributable to equity holders rose marginally to USD6.1 million (USD6.0 million). In addition, headline earnings per share turned around to USD4.55cps (loss of USD2.62cps).



Dividend

The directors have resolved not to declare an interim dividend.
24-Oct-2016
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the six months ended 30 September 2016, the company will report basic earnings per share of between 4.70 and 4.25 US cents, being between an increase of 5,5% and a decrease of 4,5% as compared to the restated prior comparative period basic earnings per share of 4.45 US cents. Headline earnings per share is expected to be between 4.67 and 4.41 US cents, being an improvement of between 278,3% and 268,3%, as compared to the restated prior comparative period headline earnings per share of (2.62) US cents.



Basic earnings per share in the prior comparative period included once-off proceeds of USD9.9 million in respect of the disposal of retired emission reduction credits (?ERCs?).



The above information has not been reviewed or reported on by the company`s auditors. The company`s results are expected to be published on or about 28 October 2016.



30-Sep-2016
(Official Notice)
Shareholders are advised that Montauk?s integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2016, has been posted to shareholders and contains certain changes from the reviewed results which were published on SENS on 28 June 2016. Shareholders are advised that the integrated annual report for the year ended 31 March 2016 is also available on the Company?s website (www.montauk.co.za).



AGM notice

The integrated annual report contains a notice of Annual General Meeting for Montauk shareholders, which will be held at the registered offices of the Company, 5th Floor, 4 Stirling Street, Cape Town, 7925 on Tuesday, 1 November 2016 at 14:00.
28-Jun-2016
(C)
Revenue for the year grew by 72.5% to USD50.8 million (2015: USD29.4 million). EBITDA shot up by 278.9% to USD9.3 million (2015: USD2.5 million). Profit for the year attributable to equity holders of the parent improved to USD2.3 million (2015: loss of USD20.4 million). Furthermore headline loss per share from continuing operations narrowed by 43.6% to USD3.64 cents per share (2015: headline loss of USD6.52 cents per share).



Dividend

The directors have resolved not to declare a final dividend.
23-Jun-2016
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2016, the company will report basic profit per share of between USD2.48 and USD0.97 cents, being an improvement of between 116.4% and 106.4% as compared to the prior year basic loss per share of USD15.11 cents, and headline loss per share of between USD3.96 and USD 3.32 cents, being a decrease in losses of between 38.6% and 48.5%, as compared to the restated prior year headline loss per share of USD6.45 cents.



Basic profit per share includes a profit of USD9.6 million in respect of the disposal of retired emission reduction credits (?ERCs?) during the year.



The company`s results are expected to be published on 28 June 2016.
27-May-2016
(Official Notice)
Shareholders are advised that Mr David Herrman has resigned from his position as Chief Executive Officer (?CEO?) and executive director of the company as of the 10th June 2016.



Mr Martin Ryan has been appointed by the board as chief executive officer and executive director with immediate effect. Mr Herrman has made himself available to assist with the transition of responsibilities to Mr Ryan.

03-Nov-2015
(C)
Revenue was 11.38% higher at USD17.3 million (2014: USD15.5 million). EBITDA came in at 31.9% higher USD2.4 million (2014: USD1.8 million), while the profit attributable to equity holders of the parent increased to USD5.4 million (2014: USD3.4 million). The headline loss per share from continuing operations widened to 3.07 UScents per share (2014: 2.43 UScents per share).



Dividend

The directors have resolved not to declare a final dividend.



30-Oct-2015
(Official Notice)
Shareholders were advised that at the annual general meeting of the Company held at 14:00 on the 29 October 2015 at Suite 801, 76 Regent Street, Sea Point, 8005 (?AGM?), all of the resolutions were passed by the requisite majority of Montauk shareholders.
28-Oct-2015
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that for the six months ended 30 September 2015, the Company will report basic earnings per share of between USD4.13 and USD3.89 cents, being an increase of between 65% and 56% as compared to the prior comparative period basic earnings per share of USD2.50 cents, and headline earnings per share of between (USD3.21) and (USD2.92) cents, being between an increase in losses of 7% and a decrease in losses of 3%, as compared to the prior comparative period headline earnings per share of (USD3.00) cents.



Basic earnings per share includes a profit of USD9.9 million in respect of the disposal of retired emission reduction credits (?ERCs?) during the period. The Company`s results are expected to be published on 3 November 2015.
29-Sep-2015
(Official Notice)
Shareholders are advised that Montauk?s integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2015, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 4 June 2015. Grant Thornton Johannesburg Partnership audited the annual financial statements of Montauk and their unqualified report is available for inspection at the registered offices of the Company.



Shareholders are advised that the integrated annual report for the year ended 31 March 2015 is also available on the Company?s website (www.montauk.co.za). The integrated annual report contains a notice of Annual General Meeting for Montauk shareholders, which will be held at the registered offices of the Company, Suite 801, 76 Regent Road, Sea Point, Cape Town, 8005 on Thursday, 29 October 2015 at 14:00.

04-Jun-2015
(C)
Montauk released their maiden final results for March 2015. Revenue came in at USD29.4 million, EBITDA was USD2.5 million, while loss attributable to equity holders of the parent was USD20.4 million. Furthermore, headline loss per share from continuing operations was recorded at USD6.52cps.



Dividend

The directors have resolved not to declare a final dividend.



03-Jun-2015
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2015, the company will report basic losses per share of between 15.59 cents and 14.63 cents, being an increase in losses of between 63% and 53%, and headline losses per share of between 7.36 cents and 6.80 cents, being an increase in losses of between 31% and 21%, as opposed to basic losses per share of 9.56 cents and headline losses per share of 5.62 cents for the prior year.



Basic losses per share includes losses relating to the disposal of certain subsidiaries to fellow subsidiaries of the Hosken Consolidated Investments Ltd. group prior to that company?s unbundling of its shareholding in the company.



The company`s results are expected to be published on 4 June 2015.
18-May-2015
(Official Notice)
Shareholders are referred to the Stock Exchange News Service (?SENS?) announcement released by Montauk on Wednesday, 4 March 2015 (?Offer SENS?), as well as the mandatory offer document posted to shareholders on 25 March 2015, which contained details of the mandatory offer made by a consortium to acquire all the Montauk shares that it does not already own for a cash consideration of 320 cents per Montauk share.



The abovementioned mandatory offer closed at 12:00 on Friday, 15 May 2015. Shareholders are hereby advised that in terms of the mandatory offer, the consortium received acceptances from Montauk shareholders holding 17 675 183 Montauk shares, constituting approximately 13.1% of the issued ordinary shares of Montauk.



Prior to the mandatory offer, the consortium held 44.1% of the issued share capital of Montauk. Subsequent to the closing of the mandatory offer, the consortium holds approximately 57.2% of the issued share capital of Montauk.
04-Mar-2015
(Official Notice)
19-Dec-2014
(C)
Montauk released their maiden interim results. Revenue came in at USD15.5 million, EBITDA was USD1.8 million, while profit attributable to equity holders of the parent was USD3.4 million. Furthermore, headline loss per share from continuing operations was recorded at USD2.43cps.



Dividend

The directors have resolved not to declare an interim dividend.
12-Oct-2015
(X)
Montauk Holdings Ltd. (?Montauk?) is an investment holding company, incorporated in South Africa with various operating subsidiaries domiciled in the United States of America.

The Group's expertise and experience includes, inter alia, the following:

*pipeline quality gas production;

*electric power generation;

*carbon reduction and offset credits;

*renewable energy credits; and

*LFG collection system operations.

The Group's portfolio of LFG processing and power generation assets has the following attractive characteristics:

*leading market position in the conversion of LFG to pipeline quality natural gas;

*large-scale LFG projects provide substantial cash flows;

*attractive pricing on contracts with credit-worthy counter parties;

*active management with the expertise and experience to support growth initiatives;

*well defined expansion opportunities;

*favourable political and regulatory climate for renewable energy;

*seasoned, experienced professionals at all levels of organisation; and

*a strong environmental and safety record.

A number of factors influence the performance of the Group, the major drivers include:

*the ability to continue to grow landfills and collect gas from existing sites;

*the ability to renew LFG rights on existing sites and source new ones;

*energy commodity pricing (natural gas and electric); and

*the availability of "green premiums" such as RECs from renewable electricity generation and RINs generated from the use of high Btu gas as a vehicle fuel.


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