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07-Nov-2018
(C)
Revenue for the interim period lowered to R198.9 million (R229.9 million) whilst operating loss came in at R17.1 million (profit of R1.4 million). Total comprehensive loss for the period attributable to shareholders of R14.1 million (income of R2.0 million) was recorded. Furthermore, headline loss per share was 13.0cps (earnings of 1.9cps).



Dividend

In line with group policy, no interim dividend was declared for the period.



Company prospects

Looking ahead we have not changed our outlook stated in May this year and remain cautious. We still foresee a difficult year ahead and expect a possible uptick in business activity only after the national elections. Even then, improved political and policy certainty may take time to translate into business and market gains.



We will continue to focus on doing all we must to protect margins in pursuit of our long-term objective of sustainable profitability, irrespective of the immediate to mid-term economic landscape.
23-Jul-2018
(Official Notice)
Mazor shareholders are advised that at the annual general meeting (?AGM?) of shareholders held on Monday, 23 July 2018, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy.
05-Jun-2018
(Official Notice)
30-May-2018
(Official Notice)
Shareholders are advised that the company?s audited annual financial statements for the year ended 28 February 2018, reflected in the integrated annual report posted on 30 May 2018 are unchanged from the audited results released on SENS on 15 May 2018.



Notice was given that the annual general meeting of Mazor will be held at 10:00 on Monday, 23 July 2018 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The record date to be entitled to attend and to vote at the annual general meeting is Friday, 13 July 2018. The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Mazor for the year ended 28 February 2018.
15-May-2018
(C)
Revenue declined 26.8% to R426.5 million (February 2017: R582.8 million). The group recorded an operating loss of R2.0 million (February 2017: operating profit R55.6 million). A headline loss of R0.8 million resulted in a headline loss per share of 0.8 cents compared to headline earnings of R47.5 million and HEPS of 43.6 cents at February 2017.



Dividend

No dividend was declared for the year in light of the losses incurred by the group.



04-May-2018
(Official Notice)
The Company expects basic and diluted earnings per share to be between 0.0 cents and -2.0 cents per share compared to basic and diluted earnings per share of 43.2 cents reported for the previous corresponding period, being 28 February 2017.



The Company expects basic and diluted headline earnings per share to be between 0.0 cents and -2.0 cents per share compared to a basic and diluted headline earnings per share of 43.6 cents per share reported for the previous corresponding period, being 28 February 2017.



The Company?s financial results will be released on or about 15 May 2018.

08-Nov-2017
(C)
Revenue for the interim period fell to R229.9 million (R305.8 million) whilst gross profit lowered to R58.3 million (R83.8 million). Operating profit tumbled to R1.4 million (R27.8 million). Total comprehensive income for the period dived to R2.0 million (R22.9 million). In addition, headline earnings per share took a knock to 1.9cps (21.7cps).



Dividend

In line with group policy, no interim dividend was declared for the period.



Company prospects

Despite an improved interest rate, we do not anticipate there will be a meaningful improvement in South Africa?s growth prospects until after the general election. We anticipate that uncertainty will persist, stalling major private projects and the inability to cap budget deficit will result in slower activity on the government side. The stagnant economy will deter investors from investing in long-term assets. With our continued cost-cutting drive, focus on efficiencies and rationalisation. programmes throughout the group we are well-positioned to face the challenging market environment.
30-Oct-2017
(Official Notice)
The board of directors of the Company hereby provides shareholders with a trading update of the Company?s results for the six months ended 31 August 2017.



The Company expects earnings per share to be between 1.68 cent and 2.10 cents per share compared to earnings per share of 21.0 cents reported for the previous corresponding period, representing a decrease of between 90% and 92% per share.



The Company expects headline earnings per share to be between 1.74 cents and 2.17 cents per share compared to headline earnings per share of 21.70 cents reported for the previous corresponding period, representing a decrease of between 90% and 92% per share.



The financial information on which this trading statement is based has not been reviewed by the Company?s auditors. The Company?s financial results will be released on or about 8 November 2017.

31-Jul-2017
(Official Notice)
Mazor shareholders are advised that at the annual general meeting (?AGM?) of shareholders held on Monday, 31 July 2017, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy.
29-May-2017
(Official Notice)
Shareholders are advised that the company's audited annual financial statements for the year ended 28 February 2017, reflected in the integrated annual report posted on 29 May 2017 are unchanged from the audited results released on SENS on 16 May 2017.



Notice is hereby given that the annual general meeting of Mazor will be held at 10:00 on Monday, 31 July 2017 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The record date to be entitled to attend and to vote at the annual general meeting is Friday, 21 July 2017. The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Mazor for the year ended 28 February 2017.

16-May-2017
(C)
Revenue for the year rose to R582.8 million (2016: R491.7 million). Gross profit increased to R168.9 million (2016: R144.3 million). Operating profit grew to R55.6 million (2016: R40.9 million) and total comprehensive income for the period was higher at R47.0 million (2016: R28.3 million). Furthermore, headline earnings per share shot up to 43.6 cents per share (2016: 26.9 cents per share).



Capital reduction distribution

Notice is hereby given that on 15 May 2017, the board declared a capital reduction distribution of 14.4 cents per share as a return of contributed tax capital to shareholders recorded in the share register of the company at the close of business on Friday, 9 June 2017.



Company prospects

Although the year in review has been comparatively stable economically and politically, we anticipate some political and economic uncertainty in South Africa in the year ahead, particularly in terms of fiscal policy and rising finance costs.



We believe that the Western Cape will continue to be a desirable residential destination and a consequent source of business. We also note the ongoing focus on logistics and warehousing nationally, which offers opportunity for the Steel division.



In both these regards, we continue to be well positioned to take advantage of any future growth. There is no doubt that oversupply and continuing competition in our sector means pressure will remain on margins for some time. Rationalisation is not occurring at the pace required to ensure sustained price increases, so demand-side inflation will remain low.



In addition, skills shortages at all levels of the business are an ongoing challenge. Our solution remains to invest in in-house training to create the required skills.



We will continue to control costs rigorously, invest in in-house training and keep a keen eye on input costs in particular. Margins will come from efficiencies and product focus.



Annual general meeting

The annual general meeting will be held on 31 July 2017 at 10:00 at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, Cape Town.
03-May-2017
(Official Notice)
The company expects basic and diluted earnings per share to be between 41.91 cents and 44.45 cents per share compared to basic and diluted earnings per share of 25.4 cents reported for the previous corresponding period, being 29 February 2016, representing an increase of between 65% and 75% per share.



The company expects basic and diluted headline earnings per share to be between 41.70 cents and 44.39 cents per share compared to a basic and diluted headline earnings per share of 26.9 cents per share reported for the previous corresponding period, being 29 February 2016, representing an increase of between 55% and 65% per share.



The company?s financial results will be released on or about 16 May 2017.
09-Nov-2016
(C)
Revenue for the interim period jumped to R305.8 million (R244.7 million). Gross profit increased to R83.8 million (R71.8 million). Operating profit rose to R27.8 million (R21.4 million). Total comprehensive income for the period grew to R22.9 million (R15.7 million). In addition, headline earnings per share shot up to 21.7cps (14.4cps).



Dividend

In line with group policy, no interim dividend was declared for the period.



Prospects

Mazor maintains a positive economic outlook going forward despite negative market sentiment and gloomy news headlines. It believes the country is poised for growth with the economy set to swing upward coming off a lower base. The still growing middle class continues to stimulate demand. In addition, recent democratic developments have seen investor sentiment/ perception improve.



The increasing market activity, particularly evident in Cape Town over the past six months, should continue going forward as a result of increased migration from within South Africa driving demand for residential developments. New retail and commercial developments are expected to follow. The company is confident about the future and look forward to the next six months of continued growth for Mazor.
31-Oct-2016
(Official Notice)
The board of Mazor provided shareholders with a trading update of the company?s results for the six months ended 31 August 2016.



The company expects earnings per share to be between 20 cents and 22 cents per share compared to earnings per share of 13.90 cents reported for the previous corresponding period, representing an increase of between 44% and 58% per share.



The company expects headline earnings per share to be between 20.50 cents and 22.50 cents per share compared to headline earnings per share of 14.40 cents reported for the previous corresponding period, representing an increase of between 42% and 56% per share.



The company?s financial results will be released on or about 9 November 2016.
18-Jul-2016
(Official Notice)
Mazor ordinary shareholders are advised that at the annual general meeting (?AGM?) of shareholders held on Monday, 18 July 2016, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy.



The number of Mazor ordinary shares voted in person or by proxy was 78,351,059, representing 72% of the total ordinary issued share capital of the same class of Mazor ordinary shares.





30-May-2016
(Official Notice)
Shareholders are advised that the company?s audited annual financial statements for the year ended 29 February 2016, reflected in the integrated annual report posted on 30 May 2016 are unchanged from the audited results released on SENS on 17 May 2016.



Notice is hereby given that the annual general meeting of Mazor will be held at 10:00 on Monday, 18 July 2016 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The record date to be entitled to attend and to vote at the annual general meeting is Friday, 8 July 2016. The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Mazor for the year ended 29 February 2016.
17-May-2016
(C)
Revenue for the period increased to R491.7 million (2015: R376.1 million). Gross profit widened to R144.3 million (2015: R67.9 million). Operating profit turned around to R40.9 million (2015: loss of R28.0 million). Total comprehensive income for the period was grew to R28.3 million (2015: loss of R39.2 million). Furthermore, headline earnings per share improved to 26.9 cents per share (2015: headline loss of 26.1 cents per share).



Dividend declaration

Notice is hereby given that in line with strategy the board has declared a final gross dividend for the year of 8.5 cents per share (2015: No dividend declared after the reporting date) on 16 May 2016.



Prospects

Mazor anticipates some economic challenges in South Africa in the year ahead but the company is confident that it is on a sound footing. Being predominantly Cape-based and given that the Cape economy is growing faster than the rest of the country, the company believes that it is all well positioned to take advantage of future growth.



The group will continue to focus on its cost per unit of revenue through cost and efficiency programmes including skills development and investment in capital goods to streamline processes.



The group expects to benefit from the uptick in the residential market, which will in turn drive demand for retail, as well as tourism especially in Cape Town. In addition Mazor sees increased demand for big box warehouses for the logistics industry.



The company believes that its focus on cost efficiency and product offering positions it to benefit from growth opportunities going forward.
10-May-2016
(Official Notice)
The Company expects basic earnings per share to be between 24 cents and 26.50 cents per share compared to a basic loss per share of 33.1 cents per share reported for the previous corresponding period, being 28 February 2015, representing an increase of between 173% and 180% per share.



The Company expects basic headline earnings per share to be between 25.50 cents and 28.50 cents per share compared to a basic headline loss per share of 26.1 cents per share reported for the previous corresponding period, being 28 February 2015, representing an increase of between 198% and 209% per share.



The Company?s financial results will be released on or about 17 May 2016.
11-Nov-2015
(C)
Revenue for the interim period rose to R244.7 million (R200.3 million). Gross profit jumped to R71.8 million (R32.5 million). Operating profit turned around to R21.4 million (loss of R13.4 million). Total comprehensive income for the period was R15.7 million (loss of R9.1 million). In addition, headline earnings per share improved to 14.4cps (loss of 7.7cps).



Dividend

In line with group policy no interim dividend has been declared for the period.



Prospects

Mazor believes the recent improvement in residential, retail and hotel construction should continue and its expect the industrial property sector to follow this upswing. The company is, however, mindful of the volatility in the exchange rate which may have an effect on margins.



Labour constraints, and in particular skills shortages, remain a challenge to growth. However, its focus at Mazor on upskilling and advancing internal staff and its intense training and development programmes position the group competitively in this regard.



The company is confident that its market offering and continued investment in new technologies positions Mazor to capitalise on growth opportunities going forward.
02-Nov-2015
(Official Notice)
In terms of paragraph 3.4 (b) of the listings requirements of the JSE limited, the board of Mazor hereby provides shareholders with a trading update of the company?s results for the six months ended 31 August 2015. The company expects earnings per share to be between 13.5 cents and 14.5 cents per share compared to a loss per share of 7.7 cents reported for the previous corresponding period, representing an increase of between 275% and 288% per share. The company expects headline earnings per share to be between 13.8 cents and 14.8 cents per share compared to a headline loss per share of 7.7 cents reported for the previous corresponding period, representing an increase of between 279% and 292% per share. The financial information on which this trading statement is based has not been reviewed by the company?s auditors. The company?s financial results will be released on or about 11 November 2015.
27-Aug-2015
(Official Notice)
In compliance with paragraph 3.59 of the Listing Requirements of the JSE, shareholders are notified of the following:

The Mazor Board is pleased to announce with effect from 26 August 2015, the appointment of Mr. Raymond Selwyn Schur as an independent non-executive director of the Company. Mr. Schur will be appointed as a member of the Audit and Risk Committee, Remuneration and Nomination Committee and Social and Ethics Committee.

30-Jun-2015
(Official Notice)
Mazor ordinary shareholders are advised that at the annual general meeting (?AGM?) of shareholders held on Monday 29, June 2015, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy.



The number of Mazor ordinary shares voted in person or by proxy was 80,286,287, representing 66.08% of the total ordinary issued share capital of the same class of Mazor ordinary shares.

29-May-2015
(Official Notice)
Shareholders are advised that the company`s audited annual financial statements for the year ended 28 February 2015, reflected in the integrated annual report posted on 29 May 2015 are unchanged from the audited results released on SENS on 12 May 2015.



AGM notice

Notice is hereby given that the annual general meeting of Mazor will be held at 10:00 on Monday, 29 June 2015 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Mazor for the year ended 28 February 2015.
13-May-2015
(Official Notice)
The board of directors of Mazor hereby advises shareholders that Alex Darko has resigned as an independent non-executive director of the company and chairman of the audit and risk committee as of 11 May 2015.
12-May-2015
(C)
Revenue from continuing operations for the year decreased to R376.1 million (R470.4 million). Gross profit was lower at R67.9 million (R125.4 million), operating loss came in at R28 million (profit of R39.8 million), while total comprehensive loss for the year was recorded at R39.2 million (profit of R31.4 million). Furthermore, headline loss per share was 26.1cps (headline earnings per share of 24.2cps).



Dividend

No dividend was declared for the year as the group incurred losses.



Prospects

Looking ahead the group is confident of delivering a substantially stronger performance in the next financial year. The security of power supply and the uncertainty this creates does remain a concern. We are taking appropriate steps where possible to mitigate this. However, the construction market - affecting Steel and Aluminium - is more buoyant, with prices increasing. Mazor therefore expects an up-tick in volumes as well as margins. Major projects have already been secured on the back of the market turnaround, reflecting in a healthy order book for Aluminium and Steel. The distribution businesses of HBS (Aluminium) and Compass (Glass) are also expected to benefit from better market conditions. In particular, increased activity in the residential sector bodes well for material distribution as higher demand will alleviate pricing pressure and drive up margins. As the construction momentum gains traction, Mazor expects volumes to increase substantially in the latter part of the year.



04-May-2015
(Official Notice)
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Ltd., the Board of Mazor hereby provides shareholders with a trading update of the Company?s results for the year ended 28 February 2015.



The Company expects a basic loss per share to be between 32 cents and 34 cents per share compared to earnings per share of 26.4 cents reported for the previous corresponding period, representing a decrease of between 221% and 229% per share.



The Company expects a headline loss per share to be between 25 cents and 27 cents per share compared to headline earnings per share of 24.2 cents reported for the previous corresponding period, representing a decrease of between 203% and 212% per share.



The loss was as a result of reduced activity levels across all divisions as well as the impairment of goodwill and the de-recognition of part of the deferred tax asset following the poor performance of the glass division.



The financial information on which this trading statement is based has not been reviewed by the Company?s auditors. The Company?s financial results will be released on or about 12 May 2015.
16-Feb-2015
(Official Notice)
04-Nov-2014
(C)
Revenue for the interim period lowered to R200.3 million (2013: R252.8 million). Gross profit fell to R32.5 million (2013: R70.7 million), operating loss came in at R13.4 million (2013: profit of R25.4 million), while total comprehensive loss for the year was R9.1 million (2013: profit of R20.3 million). Furthermore, headline loss per share was 7.7cps (2013: earnings of 14.9cps).



Dividend declaration

In line with group policy, no interim dividend has been declared for the period.



Prospects

Although the second half of the year got off to a slow start, there is a marked up-tick in construction and definite signs of recovery are evident for Steel and Aluminium.



Glass is set to improve following the introduction of new management at both the Gauteng and Cape Town branches. Further, the division's performance should start realising the benefits of new processes and product focus in procurement and sales. The Port Elizabeth branch of HBS has been closed since the period-end in light of continued underperformance. The group is well positioned to benefit from an improvement in market conditions, with a broad presence across South Africa, fast expanding product range and established capability.
23-Oct-2014
(Official Notice)
The board of Mazor hereby provides shareholders with a trading update of the Group?s results for the six months ended 31 August 2014.



31 August 2014 Expected and 31 August 2013 Actual

*Basic and diluted earnings/(loss) per share (cents) -- (7.3) to (8.1); 17.1

*Basic and diluted headline earnings/(loss) per share (cents) -- (7.3) to (8.1) ; 14.9



Trading conditions over the past 6 months have been challenging with a decline in revenue for both the aluminium and steel operating division after the completion of large contracts in the prior financial year. The glass operating division required significant re-organisation during the last 6 months, the costs of which were absorbed in the period under review.



Mazor's interim financial results are scheduled to be released on or about Tuesday, 4 November 2014.
30-Jun-2014
(Official Notice)
Shareholders are notified that at the annual general meeting of shareholders held earlier today, 30 June 20114, all the ordinary resolutions and the special resolutions proposed thereat were duly passed by the requisite majority votes.



The special resolutions will be lodged for registration with CIPC in due course.
30-May-2014
(Official Notice)
Shareholders were advised that the company's audited annual financial statements for the year ended 28 February 2014, reflected in the integrated annual report posted on 30 May are unchanged from the audited results released on SENS on 13 May 2014.



Notice was given that the annual general meeting of Mazor will be held at 10:00 on Monday, 30 June 2014 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Mazor for the year ended 28 February 2014.
13-May-2014
(C)
Revenue for the year shot up to R470.4 million (2013: R428.7 million). Gross profit jumped to R125.4 million (2013: R104.4 million), operating profit was higher at R39.8 million (2013: R37.3 million), while total comprehensive income for the year grew to R31.4 million (2013: R30 million). Furthermore, headline earnings per share climbed to 24.2cps (2013: 14.3cps).



Dividend

In line with strategy the board has declared a final gross dividend for the year of 8.8cps (2013: 4.8cps) on 12 May 2014.



Prospects

With a more robust operating environment, Mazor intends to capture greater market share and drive margin growth. All businesses are expected to deliver increased earnings in the year ahead, particularly Compass and HBS. Further acquisitions in line with the group's current offering will continue to be considered.
08-May-2014
(Official Notice)
Shareholders are advised that Mazor expects to release earnings per share ("EPS") and headline earnings per share ("HEPS") for the year ended 28 February 2014, within the ranges shown below, in relation to the comparative period, being, the year ended 28 February 2013:

* EPS (cents per share): 26.0 to 26.8

* HEPS (cents per share): 23.5 to 24.5



Trading conditions over the past year have improved with significant revenue growth in the aluminium division and improved margins in the aluminium and steel operating divisions relative to the prior comparative period. The EPS in the prior comparative period included a fair value adjustment of R9.8 million as well as a gain on bargain purchase of R3 million which arose on the acquisition of the remaining 50% of HBS. The Company's audited results for the year ended 28 February 2014 will be released on or about 14 May 2014.
05-Nov-2013
(C)
Revenue from continuing operations grew to R252.8 million (R201.0 million). Gross profit jumped to R70.7 million (R46.8 million). Operating profit increased to R25.4 million (R17.8 million). Total comprehensive income for the year rose to R20.3 million (R17.2 million). Furthermore, headline earnings per share shot up to 14.85cps (3.81cps).



Dividend

In line with group policy, no interim dividend has been declared for the period.



Prospects

Mazor is confident that the construction sector has turned a corner and is well on the way to recovery. Demand is stronger and is expected to improve further. The group is poised to return to meaningful profit increases. Aluminium has a healthy pipeline for the short to medium term. Glass is expected to increase profits in the year ahead; the primary focus for the second half of the year is cost cutting at the Compass Glass Cape Town branch. Steel construction in Cape Town has been subdued. However, substantial projects are expected to start within the next 12 months. Going forward the group intends to build on market gains driving margin expansion and capturing more substantial market share.



The group is well positioned with a broad presence across South Africa, fast expanding product range and established capability to benefit from the current and future market up-tick. Mazor will target the higher margin work as it becomes available.



Acquisitions in line with current offering will be considered.
29-Oct-2013
(Official Notice)
Shareholders are advised that Mazor expects to release earnings per share (EPS) and headline earnings per share (HEPS) for the 6 months ended 31 August 2013, within the ranges shown below, in relation to the comparative period, being the 6 months ended 31 August 2012:



Expected ranges for the 6 months ended 31 August 2013

*EPS (cents per share) 16.50 -17.50

*HEPS (cents per share) 14.10 - 15.10



Trading conditions over the past 6 months have improved with significant revenue growth and improved margins being experienced relative to the prior comparative period. Furthermore, included in the prior period EPS is a fair value adjustment in respect of the acquisition of the remaining 50% of HBS Aluminium Systems (Pty) Ltd (HBS) required in terms of IFRS 3: Business combinations, as well as a subsequent gain on bargain purchase amount. The company's interim results for the 6 months ended 31 August 2013 will be released on or about 5 November 2013. The financial information on which this trading update is based has not been reviewed by the company's auditors.
01-Jul-2013
(Official Notice)
Shareholders were notified that at the annual general meeting of shareholders, all the ordinary resolutions and the special resolutions proposed thereat were duly passed by the requisite majority votes. The special resolutions will be lodged for registration with CIPC in due course.
29-May-2013
(Official Notice)
Shareholders are advised that the company's audited annual financial statements for the year ended 28 February 2013, reflected in the integrated annual report posted on 29 May 2013 are unchanged from the audited results released on SENS on 8 May 2013.



Notice of AGM

Notice is given that the annual general meeting of Mazor will be held at 10:00 on Monday, 1 July 2013 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The notice of annual general meeting is issued with the integrated annual report, which contains the annual financial statements of Mazor for the year ended 28 February 2013.
08-May-2013
(C)
The following results are based on continuing operations, therefore are incomparable. Revenue was R438.5 million whilst gross profit of R106.1 million was recorded. Operating profit was R37.4 million and profit from continuing operations was R30.6 million. In addition, headline earnings per share was 14.34 cents per share.



Dividend

Notice was given that in line with strategy the board has declared a final gross dividend for the year of 4.8 cents per share (1.6 cents) on 7 May 2013.



Prospects

With the construction industry having found firmer footing, Mazor expects steady growth in the first half of the next financial year and a kick-up to the bottom line in the second six months. In light of interest rates being expected to remain favourable in the short to medium term, demand is expected to normalise even further and create a more conducive environment to strategic planning.



The group is well positioned to benefit from a market up-tick with a broad presence across South Africa, fast expanding product range and established capability.



The group intends to build on favourable market conditions to capture a more substantial market share and drive margin growth. Mazor will target higher margin projects as they are released to market.



Further acquisitions in line with the group's current offering will continue to be considered.
30-Apr-2013
(Official Notice)
Shareholders are advised that Mazor expects to release earnings per share ("EPS") and headline earnings per share ("HEPS") for the year ended 28 February 2013, within the ranges shown below, in relation to the comparative period, being, the year ended 29 February 2012.



Expected ranges for 28 February 2013 - actual range 29 February 2012:

* EPS (cents per share): 24.5 to 25.5 - 4.80

* HEPS (cents per share): 13.5 to 14.5 - 4.76



Trading conditions over the past year have improved with significant revenue growth across all operating divisions, and improved margins being experienced relative to the prior comparative period. Furthermore, as a result of the acquisition of the remaining 50% of HBS Aluminium Systems (Proprietary) Limited ("HBS") not previously held by Mazor, Mazor has now accounted for 100% of the earnings from HBS, whereas in the comparative period the Company equity accounted the investment in HBS. Included in the EPS for the period is a fair value adjustment in respect of the aforementioned step-acquisition required in terms of IFRS 3: Business combinations, as well as a subsequent negative goodwill amount. The negative goodwill is determined as the purchase consideration paid, plus the fair value of any shareholding held prior to obtaining control, plus non-controlling interest and less the fair value of the identifiable assets and liabilities of HBS. Refer to the SENS announcement of 3 September 2012 for details of the HBS acquisition.



The Company's audited results for the year ended 28 February 2013 will be released on or about 8 May 2013.
04-Feb-2013
(Official Notice)
Shareholders are notified that Liat Mazor has resigned as company secretary of Mazor with immediate effect. Ivor Mark Bloom will be appointed as company secretary with effect from 1 February 2013.
06-Nov-2012
(C)
Revenue increased to R210.8 million (R115.4 million). Gross profit more than doubled to R48.2 million (R20.6 million) and operating profit soared to R17.3 million (R0.5 million). Net attributable profit surged to R17.2 million (R2.1 million). In addition, headline earnings per share more than doubled to 3.81cps (1.72cps).



Prospects

Mazor is confident that macro-economic conditions will continue to improve, with big improvements in volumes and margins. Going forward the group intends to build on market gains driving margin expansion and capturing more substantial market share. Demand is healthy and is expected to remain positive.
23-Oct-2012
(Official Notice)
Shareholders were advised that Mazor expects to release earnings per share ("EPS") and headline earnings per share ("HEPS") for the period ended 31 August 2012, within the ranges shown below, in relation to the comparative period, being 31 August 2011:

*EPS (cents per share) is expected to rise to between 13.5 - 15.5cps (1.75cps)

*HEPS (cents per share) is expected to rise to between 3.5 - 4.2cps ( 1.72cps)



Trading conditions over the past six months have improved with revenue growth across all operating divisions, and improved operating margins being experienced relative to the prior comparative period. Furthermore, as a result of the acquisition of the remaining 50% of HBS Aluminium Systems (Pty) Ltd. ("HBS") not previously held by Mazor, Mazor has now accounted for 100% of the earnings from HBS, whereas in the comparative period the company equity accounted the investment in HBS. Included in the EPS for the period is a fair value adjustment in respect of the aforementioned step-acquisition required in terms of IFRS 3: Business combinations, as well as a subsequent negative goodwill amount. The negative goodwill is determined as the purchase consideration paid, plus the fair value of any shareholding held prior to obtaining control, plus non-controlling interest and less the fair value of the identifiable assets and liabilities of HBS. Refer to the SENS announcement of 3 September 2012 for details of the HBS acquisition. The company's interim results for the six months ended 31 August 2012 will be released on or about 6 November 2012.
03-Sep-2012
(Official Notice)
Shareholders were referred to the cautionary announcements dated 5 June 2012 and 17 July 2012 and are advised that the discussions referred to therein are related to the acquisition. Accordingly, shareholders are no longer advised to exercise caution when dealing in the company's securities.
03-Sep-2012
(Official Notice)
On 31 August 2012, Mazor Aluminium (Pty) Ltd., a wholly owned subsidiary of Mazor, entered into an agreement with Hulamin Operations (Pty) Ltd. ('Hulamin") to acquire the remaining 50% of HBS not held by Mazor, for a total purchase price of R32 751 000 ("the purchase price") and the loan account between HBS and Hulamin at a face value of R1 500 000 ("the acquisition").



Description of HBS

HBS markets and supplies a wide range of fenestration systems including architectural, engineering and composite panel architectural cladding into the South African residential, commercial and industrial markets. HBS markets fenestration accessories such as locks, handles, friction stays and silicon to complement the product range. HBS prides itself in offering superior levels of technical service and design expertise, and offers its customers technical training and support including software systems. HBS has branches in Johannesburg, Cape Town, Durban and Port Elizabeth. HBS have and will continue launching the Mazor brand aluminium systems which are recognised for their superiority in both functionality and manufacturing technology.



Effective date

The effective date of the acquisition is 1 March 2012.





Settlement of acquisition

The purchase price is payable in cash and will be sourced from current cash resources within the group. Payment of the purchase price shall be effected as follows:

*Mazor shall pay, within five days, Hulamin 50% of the purchase price and R1 500 000 in respect of the purchase price relating to the Hulamin Loan Account; and

*the balance of the purchase price shall be paid in four equal payments on or before the following dates: 30 November 2012, 31 March 2013, 30 June 2013 and 30 September 2013.



Conditions precedent

Save for the terms in this announcement, there are no outstanding conditions precedent, and no other significant terms of the acquisition agreement.



Transaction classification

The acquisition is classified as a Category 2 transaction in terms of the Listings Requirements of the JSE.



Memorandum of incorporation

Mazor undertakes that the memorandum of incorporation of HBS will conform to schedule 10 of the Listings Requirements of the JSE, as required in terms thereof.
17-Jul-2012
(Official Notice)
Further to the announcement dated 5 June 2012, shareholders were advised that the company is currently engaged in discussions 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 further announcement is made.
09-Jul-2012
(Official Notice)
Shareholders are notified that at the annual general meeting of shareholders, all the ordinary resolutions and the special resolutions proposed thereat were duly passed by the requisite majority votes. The special resolutions will be lodged for registration with CIPC in due course.
05-Jun-2012
(Official Notice)
Shareholders were advised that the company is currently engaged in discussions 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 further announcement is made.
30-May-2012
(Official Notice)
Shareholders are advised that the company's audited annual financial statements for the year ended 29 February 2012, reflected in the annual report posted on 30 May 2012 are unchanged from the audited results released on SENS on 15 May 2012. Notice is given that the annual general meeting of Mazor will be held at 11:00 on Monday, 9 July 2012 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The notice of annual general meeting is issued with the annual report, which contains the annual financial statements of Mazor for the year ended 29 February 2012.
15-May-2012
(C)
Revenue increased to R233.4 million (R186.8 million). Gross profit rose to R44.4 million (R29.9 million) and operating profit was higher at R2.5 million (R1.7 million). However, net attributable profit declined to R5.8 million (R9.9 million). In addition, basic and diluted headline earnings per share fell to 4.8c (8.2cps).



Dividends

A final gross ordinary dividend of 1.6cps has been declared.



Outlook

Mazor has noted concrete signs of improvement in the construction sector within the context of increasing stabilisation of the South African economy. Project finance is becoming more readily available with banks relaxing lending restrictions, bringing more new projects to market. This is particularly evident in large-scale projects, Mazor's target market, as reflected in a substantial escalation in demand and new projects secured.



The group is optimistic that performance will normalise. Extensive rationalisation of the sector over the past couple of years is further expected to drive well-improved demand. Mazor therefore anticipates a meaningful increase in volumes with corresponding margin improvement in the second half of the year. Compass Glass, particularly, has ma de good headway, expanding its footprint and product range. This should translate to improved performance in the 2013 financial year. Expansion in the Glass division as a whole will continue over the next 12 months.



Mazor anticipates that the group's focus will gradually shift from securing volume of work, to selecting and securing more exciting projects and ensuring timeous completion. To achieve maximum efficiency Mazor will sharpen emphasis on human capital and the challenge of tight timelines. The group has successfully used the past two years to hone its market offering and streamline operations, positioning Mazor to capitalise fully on opportunities arising on an upturn in the sector.
03-May-2012
(Official Notice)
The board of Mazor announced that the company's results for the year ended 29 February 2012, being earnings and headline earnings per share, are expected to be between 35% and 45% lower than the earnings and headline earnings per share for the prior comparative period. Included in the prior comparative period is a non-recurring item reflected in other income, in relation to the HBS transaction. Trading conditions over the past twelve months have improved with revenue growth across all operating divisions, and an improved operating margin being experienced relative to the prior comparative period. The company's results for the year ended 29 February 2012 will be released on or about 15 May 2012.
04-Apr-2012
(Official Notice)
K2011134295 (South Africa) (Pty) Ltd. ("the purchaser"), a wholly owned subsidiary of Mazor, entered into an agreement with Beaux Lane (S.A.) Properties (Pty) Ltd. ("Beaux Lane" or "the seller") to acquire a property located at Erf 234 Alrode Extension 2 Township, Johannesburg for a total purchase price of R14 706 000 including VAT ("the purchase price") payable upon transfer of the property into the name of the purchaser ("the acquisition"). The effective date of the acquisition is the date on which the property is transferred into the name of the purchaser.



Conditions precedent

The acquisition is subject, inter alia, to the following conditions precedent:

* The seller obtains the necessary investment committee approvals with seven days of the signature of the agreement; and

* The purchaser obtains the necessary board committee approvals for the acquisition with seven days of the signature of the agreement.



Settlement of the acquisition

The acquisition will be settled in the following way:

* the purchaser shall pay a deposit of R645 000 out of cash reserves toward the payment of the purchase price within 14 days of fulfilment of the conditions precedent; and

* for the balance of the purchase price, the purchaser shall issue to the seller, within than 21 days from the fulfilment of the conditions precedent, an unconditional and irrevocable bank guarantee.
14-Nov-2011
(C)
Revenue increased to R115.4 million (R83.4 million). Operating profit slumped to R0.5 million (R5.5 million). Net attributable profit more than halved to R2.1 million (R7.1 million). In addition, headline earnings per share weakened to 1.72cps (5.87cps).



Prospects

There are positive signs of improvement in the construction sector in certain regions of the country, with an increased number of projects coming to market in the residential, commercial and industrial sectors. Development finance is becoming more accessible than previously, translating into new construction projects.



In particular, construction projects in the Cape have increased substantially. A healthy number of these are large-scale projects. Mazor is well-positioned to benefit from this growth.



Notwithstanding the increase in project volumes, in the medium-term margins are expected to remain under strain while excess capacity persists. Mazor will continue to focus on growth through potential acquisitions with a particular emphasis on distribution and manufacture of construction materials.
25-Oct-2011
(Official Notice)
The board of Mazor announced that the company's interim results for the six month period ended 31 August 2011, being earnings and headline earnings per share, are expected to be between 65% to 75% lower than the earnings and headline earnings per share for the prior comparative period. Included in the prior comparative period is a non- recurring item reflected in other income, in relation to the Hulamin Building Systems transaction. Trading conditions over the past six months have improved with revenue growth across all operating divisions, and improved operating margins being experienced relative to the prior comparative period. The company's interim results for the six months ended 31 August 2011 will be released on or about 15 November 2011.
30-Aug-2011
(Official Notice)
Shareholders were advised that Mazor has entered into an agreement in relation to the repurchase of its ordinary shares by a subsidiary company during its closed period. This period commences on 1 September 2011 and terminates on or about 12 November 2011 when the company is scheduled to publish its interim results. The maximum number of shares to be repurchased during the closed period share repurchase programme will be 5 000 000 Mazor shares. The agreement has been entered into with a single agent who has full discretion in executing the repurchase programme. Any purchases will be affected within certain pre-set parameters within the limits of the JSE Listing Requirements.
30-Jun-2011
(Official Notice)
Shareholders are notified that at the annual general meeting of shareholders held earlier, all the ordinary resolutions and the special resolutions proposed thereat were duly passed by the requisite majority votes. The special resolutions will be lodged for registration with CIPC in due course.
31-May-2011
(Official Notice)
Shareholders are advised that the company's audited annual financial statements for the year ended 28 February 2011, reflected in the annual report posted on 31 May 2011 are unchanged from the audited results released on SENS on 17 May 2011. Notice is hereby given that the annual general meeting of Mazor will be held at 12:00 on Thursday, 30 June 2011 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, 7441. The notice of annual general meeting is issued with the annual report, which contains the annual financial statements of Mazor for the year ended 28 February 2011.
23-May-2011
(Official Notice)
Shareholders are notified that Mr A Darko has been appointed as a non-executive director of Mazor with effect from 20 May 2011.
17-May-2011
(C)
Revenue for the year ended 28 February 2011 weakened to R186.8 million (2010: R273.5 million). Gross profit more than halved to R29.9 million (2010: R77.5 million), operating profit plummeted to R1.7 million (2010: R46 million), while total comprehensive income for the period fell to R9.9 million (2010: R33.8 million). Furthermore, headline earnings per share decreased to 8.2cps (2010: 29.8cps).



Dividend

In line with strategy the board declared a final dividend for the year of 2.8cps (2010: 18.1cps).



Prospects

Conditions are expected to remain challenging in the short-term. There are positive indications of an improvement in 2012 with a more solid upswing expected in 2013. Initial signs of slow recovery are becoming evident. In this light, and with the group's prior investment in plant, stable capacity, established capability and geographic spread, Mazor is well placed to benefit from a recovery in the construction sector. The group will continue to steer its overall product offering from manufacture to materials supply where greater growth opportunities are anticipated. The contracting arms have successfully exported a number of projects through to Angola, Namibia and the Seychelles. The group continues to venture cautiously into the African continent.
04-Apr-2011
(Official Notice)
The company's earnings and headline earnings per share for the year ended 28 February 2011 will be between 70% and 80% lower than the reported earnings and headline earnings per share for the prior comparative period. This decline is largely attributable to continued low activity within the construction sector in South Africa and, in particular, the Western Cape. Excess capacity within the sector has resulted in price pressures, leading to lower margins. Tendering activity is increasing with better prospects for the coming year. Trading divisions (Hulamin Building Systems, Compass Glass and Compass Glass SA) continue to increase market share and improve margins. The company has completed its rationalisation process in line with existing economic conditions. The company's results for the second six months of this financial year are however expected to be better than the corresponding second six months of the previous financial year. The company's results for the year ended 28 February 2011 will be released on or about 17 May 2011.
22-Feb-2011
(Official Notice)
Shareholders are advised that Adriaan Johannes van Zyl has resigned as company secretary to Mazor and that Liat Mazor has been appointed as the new company secretary to Mazor with effect from 22 February 2011.
09-Feb-2011
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Mazor hereby advises shareholders that Sheryl Ozinsky has resigned as an independent non-executive director of the Company with immediate effect.
16 Nov 2010 15:07:33
(Official Notice)
Results of general meeting regarding the provision of financial assistance to Cloudberry Investments 18 (Pty) Ltd: Shareholders are notified that at the company's general meeting held at 12:00 on Tuesday, 16 November 2010, the special resolution presented in the notice of general meeting was duly passed by the requisite majority of votes. The special resolution will be lodged for registration with CIPRO in due course.

09 Nov 2010 10:21:27
(C)
Revenue for the interim period more than halved to R83.4 million (2009: R180.2 million), and gross profit fell to R12.9 million (2009: R61.2 million). Operating profit for the period plummeted to R5.5 million (2009: R48.3 million), while earnings attributable to ordinary shareholders weakened to R7.1 million (2009: R32.2 million). Furthermore, headline earnings per share decreased to 5.87cps (2009: 29.19cps).



Dividend

In line with company policy, no interim dividend has been declared for the period. It is the intention of the board to declare a dividend for the full year ending 28 February 2011.



Prospects

The current lower interest rate cycle, with possible expectation of further interest rate cuts, has fuelled slowly recovering interest from developers in the construction sector. This bodes well for a continued strengthening of the market. It is therefore anticipated that the second half of the year should be stronger than the first, although market conditions for Mazor Aluminium and Mazor Steel will remain difficult. The Glass division is expected to continue benefiting from increased market penetration to maintain its positive growth curve. Recent inroads into new markets and expansion of the group's product offering have built a solid platform from which to exploit growth opportunities once the macroeconomic environment improves. Sub-Saharan Africa offers promising prospects as South African retail giants expand into neighbouring countries with new shopping spaces.
04 Nov 2010 10:31:37
(Official Notice)
The board of Mazor previously announced that the Group's interim results for the 6 month period ended 31 August 2010 ("the period"), being earnings and headline earnings per share, were expected to be 70% lower than the earnings and headline earnings per share for the 6 month period ended 31 August 2009. Shareholders are advised that the estimated decrease in earnings and headline earnings per share for the period will be between 75% and 85% lower than for the corresponding period. The financial information on which this trading update is based has not been reviewed by the company's auditors. The company's interim results for the six months ended 31 August 2010 will be released on or about 9 November 2010.

21 Sep 2010 10:51:09
(Official Notice)
The company's earnings and headline earnings per share for the six month period ended 31 August 2010 will be at least 70% lower than the reported earnings and headline earnings per share for the prior comparative period. This decline is largely attributable to continued low activity within the construction sector in South Africa and, in particular, the Western Cape. Excess capacity within the sector has resulted in price pressures, thus leading to lower margins. The company has completed its rationalisation process in line with current economic conditions. Labour costs have been adjusted to meet current demand conditions.



Within the contracting divisions, the company is currently operating in other African countries including Namibia, Malawi and Nigeria. The focus being primarily on private development in which financing is secure. These contracts will reflect in the year-end results. Trading divisions within Mazor (Hulamin Building Systems, Compass Glass and Independent Glass) continue to increase volumes and capture market share.



At this stage, the directors are unable to quantify, with any degree of certainty, the expected earnings and headline earnings per share for the six months ended 31 August 2010 and will publish a further announcement containing such detail in due course. The company's interim results for the six months ended 31 August 2010 will be released on or about 10 November 2010.
31 Aug 2010 16:52:37
(Official Notice)
Shareholders were advised that Mazor has entered into an agreement in relation to the repurchase of its ordinary shares by a subsidiary company during its closed period. This period commences on 1 September 2010 and terminates on or about 10 November 2010 when the company is scheduled to publish its interim results. The maximum number of shares to be repurchased during the closed period share repurchase programme will be 6 000 000 Mazor shares. The agreement has been entered into with a single agent who has full discretion in executing the repurchase programme. Any purchases will be effected within certain pre-set parameters within the limits of the JSE listing requirements.
16 Aug 2010 17:03:26
(Official Notice)
23 Jun 2010 09:03:07
(Official Notice)
Shareholders are referred to the detailed announcement dated 6 April 2010 in which it was advised that Mazor had acquired a 50% interest in Cyndara 193 (Pty) Ltd T/A Hulamin Building Systems ,a business conducted by Hulamin Extrusions (Pty) Limited ("the acquisition"). Shareholders are notified that all the conditions precedent relating to the acquisition have now been fulfilled.
26 May 2010 16:36:33
(Official Notice)
Shareholders are advised that the company's audited annual financial statements for the year ended 28 February 2010, reflected in the annual report posted on 26 May 2010 are unchanged from the audited results released on SENS on 19 May 2010. Notice is hereby given that the annual general meeting of Mazor will be held at 10:00 on Wednesday, 30 June 2010 at the offices of Mazars at Mazars House, Rialto Road, Grand Moorings Precinct, Century City, Cape Town, 7441.
20 May 2010 11:15:32
(Official Notice)
Further to the announcement dated 6 April 2010, shareholders are reminded that the financial effects relating to the acquisition of a 50% interest in a business conducted by Hulamin Extrusions (Pty) Limited ("the acquisition") will be announced upon determination of the value of the inventories and debtors in relation to the acquisition. Until such time that the financial effects of the acquisition are published, shareholders are advised to continue exercising caution when dealing in the company's shares.
19 May 2010 08:00:51
(C)
Revenue declined 7.48% to R273.5 million from R295.6 million in the previous year. Operating profit decreased to R46 million (R74.8 million) and net profit was down 46.9% to R33.8 million from R63.6 million. In addition, headline earnings per share dropped to 39.9c (52.1cps).



Dividend

Notice is hereby given that in line with strategy the board has declared a final dividend for the year of 18.1cps (17.5cps) on 17 May 2010. The dividend comprises two parts. 10.9cps is declared in terms of the company's dividend policy. The remaining 7.2cps is a special dividend in respect of the after-tax profit earned on the sale of shares to Global Capital.



Outlook

The construction market is anticipated to remain subdued notwithstanding the beginnings of economic recovery in the country. It is expected to rebound only in the medium term once projects become viable on a loosening of credit restrictions and the increased availability of funding. This looks more likely from 2011 when the economic recovery is anticipated to become cemented. The short-term outlook for Mazor Aluminium and Mazor Steel therefore remains weakened. In respect of the former, the Hulamin Building Systems ("HBS") acquisition should assist to an extent in offsetting the adverse trading conditions in 2011. The Glass division is anticipated to continue growing and securing further market share. Mazor intends to continue the listing strategy of pursuing materials supply and will look to other commodity-linked markets, subject to acquisition opportunities being fairly priced and offering an acceptably reduced risk profile. Focus on overheads will be intensified in the year ahead to identify and implement possible further improvements. Working capital and collections management will remain an imperative.
30 Apr 2010 17:04:00
(Official Notice)
In accordance with paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, shareholders are advised that the company's results for the year ended 28 February 2010, being earnings and headline earnings per share, are expected to be between 35% and 45% lower than the reported earnings and headline earnings per share for the prior comparative period. Trading conditions deteriorated during the second half of the year with a particular slowdown witnessed in the Western Cape, the region in which the company is particularly dominant. Many large-scale projects have been cancelled or postponed as a consequence of developers not managing to secure funding. The company has been proactive in venturing into regions outside of the Western Cape however this business has been secured at lower margins when compared to Mazor's traditional business.



Mazor has reduced its labour force as a result of the current trading environment and hence the results include once-off severance costs which have negatively impacted earnings. The company will continue to focus on cost cutting and rationalization to ensure efficiency. The company continues its geographical diversification in the glass and aluminium distribution business through Independent Glass and Hulamin Building Systems. The financial information on which this trading statement is based has not been reviewed by the company's auditors. The company's financial results will be released on or about 19 May 2010.
06 Apr 2010 16:23:48
(Official Notice)
26 Mar 2010 12:35:56
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded may have a material effect on the price of the company's shares. Shareholders are advised to exercise caution when dealing in the company's shares until a further announcement is released.
10 Nov 2009 08:36:51
(C)
Revenue increased from R123.6 million to R180.2 million in 2009. Gross profit increased to R61.2 million (2008:R37.5 million) and operating profit increased to R48.3 million (2008:R28.5 million). Profit attributable to ordinary shareholders increased to R32.2 million (R25.4 million). Headline earnings on a per share basis increased to 29.19cps (20.75cps).



Dividends per share

No interim dividend was declared for the period under review.



Prospects

Notwithstanding prevailing market conditions the board maintains a positive outlook for the full year to February 2010. Mazor will continue to expand geographically in all three divisions, particularly targeting new opportunities in high-growth areas such as Gauteng and Africa. The expanded and upgraded product range in the glass division should further contribute to a continually improving performance.



Backed by positive cash holdings, Mazor continues to identify acquisition opportunities within the construction industry either for geographic expansion or additional product differentiation. The group will continue to assess diversification into untapped markets such as the industrial and motor sectors.
30 Oct 2009 09:04:41
(Official Notice)
Earnings and headline earnings per share, are expected to be between 35% and 45% higher than the reported earnings and headline earnings per share for the prior comparative period. The company's annual financial results will be released on or about 10 November 2009.
28 Oct 2009 12:13:53
(Official Notice)
Shareholders are notified that Frank Boner has been appointed as a non- executive director of Mazor with immediate effect.
18 Sep 2009 12:55:15
(Official Notice)
Shareholders are notified that at the general meeting of shareholders held on 18 September 2009, ordinary resolutions 1 and 2 proposed thereat, approving the sale of treasury shares to Global Capital (Pty) Ltd, were passed by the requisite vote.
06 Aug 2009 11:09:16
(Official Notice)
01 Jul 2009 15:10:49
(Official Notice)
Shareholders are advised that the company 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 further announcement is released.
23 Jun 2009 16:24:21
(Official Notice)
Shareholders are notified that at the company's annual general meeting held on 23 June 2009, the special resolutions and ordinary resolutions proposed thereat were duly passed by the requisite majority of votes. The special resolutions granting general authority to the directors to repurchase the company's shares and to amend article 76.1 of the company's articles of association will be lodged for registration with CIPRO in due course.



Furthermore, notice is hereby given that a final dividend of 17.5c per ordinary share has been approved by the shareholders at the company's annual general meeting. The following dates are applicable :

* Finalisation date -- Tuesday, 23 June 2009

* Last day to trade in order to participate in the dividend -- Friday, 3 July 2009

* Trading commences ex dividend -- Monday, 6 July 2009

* Record date -- Friday, 10 July 2009

* Payment date -- Monday, 13 July 2009

Share certificates may not be dematerialised or rematerialised between Monday, 6 July 2009 and Friday, 10 July 2009, both days inclusive.
01 Jun 2009 17:14:48
(Official Notice)
Shareholders are advised that the company's audited annual financial statements for the year ended 28 February 2009, reflected in the annual report posted on 30 May 2009 are unchanged from the audited results released on SENS on 20 May 2009.



Notice is hereby given that the annual general meeting of Mazor will be held at 10:00 on Tuesday, 23 June 2009 at the offices of Mazars Moores Rowland, 27th Floor, 1 Thibault Square, Cape Town 8001. The notice of annual general meeting is issued with the annual report, which contains the annual financial statements of Mazor for the year ended 28 February 2009.
20 May 2009 07:57:59
(C)
Revenue increased by 66.9% to R295.6 million from R177.1 million for the previous year. Operating profit grew 17.9% to R74.8 million from R63.5 million. Net profit rose 112% to R63.6 million from R30 million, generating headline earnings per share of 52.1 cents compared to the previous year's 28.5 cents.



Dividend

A final ordinary dividend of 17.5cps has been proposed.



Prospects

Based on the order book in hand, the first six months of the current financial year are expected to be healthy. Outlook for the remainder of the year is clouded by global economic uncertainty. However, successive interest rate cuts in early 2009 are expected to boost private sector spending towards the end of the calendar year with new and delayed projects set to roll out around June 2010. The board is therefore positive of a continued solid performance in the year ahead to February 2010.



Glass is anticipated to contribute positively to the group with significant growth forecast over the next 36 months. In light of this Mazor is currently assessing previously untapped markets for distribution, including the industrial, furniture and motor sectors. While the motor industry has recently experienced a decline off an exceptionally high base, this should plateau and then regain momentum, making entry into the market at the bottom of the cycle an attractive opportunity. Overall Mazor will continue targeting high return-yielding projects.



Backed by a strong cash position the group will consider further acquisitions in the year ahead either for geographic expansion or additional product diversification. Mazor will also look cross-border, specifically to those African countries that represent a favourable risk:return scenario.
07 May 2009 16:02:34
(Official Notice)
The company's results for the year ended 28 February 2009, being earnings and headline earnings per share, are expected to be between 75% and 85% higher than the reported earnings and headline earnings per share for the prior comparative period. Furthermore, the company's results are expected to be between 15% and 25% higher than the earnings and headline earnings per share as forecast in the prospectus dated 8 November 2007. The company's annual financial results will be released on or about Wednesday, 20 May 2009.
04 Mar 2009 16:52:54
(Official Notice)
Further to the announcement published on SENS on 27 February 2009 the company advised that it is the intention to repurchase a maximum of 12 896 188 ordinary shares at a maximum price of R1.40 per ordinary share during the period 1 March 2009 to 20 May 2009.
27 Feb 2009 09:57:12
(Official Notice)
Shareholders are hereby advised that Mazor has granted a mandate for the repurchase of its ordinary shares during its closed period. This period commences on 1 March 2009 and terminates on or about 20 May 2009 when the company is scheduled to publish its year end results. The mandate has been entered into with a single agent who has full discretion in executing the repurchase programme. Any purchases will be effected within certain pre-set parameters.
23 Feb 2009 17:10:46
(Official Notice)
In terms of a special resolution passed by Mazor shareholders on 22 July 2008, a general authority was granted to Mazor to repurchase its ordinary shares. In terms of this general authority Mazor could repurchase a maximum of 24 500 000 ordinary shares (being 20% of the company's issued share capital at the date that the general authority was granted).



As at the close of business on 20 February 2009, Mazor has acquired, in the open market, a total of 11 673 256 ordinary shares, equivalent to 9.5% of the issued share capital at the time of the granting of the general authority, for a total consideration of R16 712 892. The repurchases were carried out over the period 11 November 2008 to 20 February 2009, with 9 999 108 shares having been purchased on 20 February 2009. The highest price paid was 210c per share and the lowest price paid was 115c per share. The repurchases were funded from the company's available cash resources. All the ordinary shares have been repurchased by a subsidiary of Mazor. These ordinary shares will be held in the subsidiary company as treasury stock. The extent of the authority now available is in respect of 12 826 744 ordinary shares, equivalent to 10.5% of the company's total issued share capital at the date the general authority was granted.
10 Nov 2008 11:18:35
(C)
Revenue for the period was up 39.5% to R123.6 million from R88.6 million. The inclusion of Independent Glass and Compass Glass (consolidated from 1 July 2008) for the first time contributed R13.1 million of the increase in revenue. Operating profit grew by 6.6%. Operating margins reduced to 23.04% (August 2007: 30.13%) as a result of establishing a presence and seizing market share in the glass industry which has historically been dominated by a few key players, as well as the costs incurred for geographical expansion therein. The group reported headline earning per share of 20.75c.



Dividend

In line with company policy no interim dividend has been declared for the period. A dividend is planned to be declared for the full year ending 28 February 2009, the group's first full year trading as a listed entity.





Prospects

To date business orders remain buoyant and Mazor's order book in hand to year-end at 28 February 2009 and beyond is healthy. While the scarce supply of commodities such as steel and aluminium has been alleviated post the period, the challenge remains the recent devaluation of the Rand against major world currencies. To counter this Mazor has successfully hedged all positions in respect of orders of materials to June 2009. The group will continue to focus on high-growth regions and pursue further expansion where appropriate. Mazor is currently considering expansion of the glass division into Port Elizabeth and Bloemfontein in the short-term. The second half of the year is traditionally stronger than the first six months and accordingly, Mazor anticipates a more significant contribution to top and bottom line growth in the six months ahead to year-end February 2009.
27 Aug 2008 11:22:17
(Official Notice)
Shareholders are notified that at the company?s annual general meeting held on 26 August 2008, the special resolution and ordinary resolutions proposed thereat were duly passed by the requisite majority of votes. The special resolution granting general authority to the directors to repurchase the company?s shares will be lodged for registration with the Registrar of Companies in due course.
23 Jul 2008 10:47:16
(Official Notice)
Shareholders are notified that at the general meeting of shareholders held on 22 July 2008, the ordinary resolution pertaining to the acquisition of Compass Glass (Pty) Ltd and the special resolution granting the directors a general authority to repurchase the company?s shares including the authority granted to the directors to effect and implement the ordinary and special resolutions were duly passed by the requisite majority of votes. The special resolution will be lodged for registration with the Registrar of Companies in due course.
07 Jul 2008 16:48:28
(Official Notice)
Arthur Leon Winkler has resigned as company secretary of Mazor with effect from 7 July 2008. Liat Mazor has been appointed as company secretary with effect from 7 July 2008.
07 Jul 2008 16:38:56
(Official Notice)
The JSE has approved the transfer of the listing of Mazor from the Altx to the main board with effect from 14 July 2008. Mazor will be in the construction and materials sector, building material and fixtures sub-sector, sector number 2353. The salient dates and times pertaining to the transfer are set out below:

*Formal approval granted by the JSE Limited for the transfer Friday, 4 July 2008

*Effective date of transfer from Altx to the main board -- Monday, 14 July 2008

*Mazor shares to start trading on the main board -- Monday, 14 July 2008
05 Jun 2008 17:10:03
(Official Notice)
Shareholders are advised that Mazor has entered into an agreement with the shareholders of Compass Glass (Pty) Ltd, dated 3 June 2008, in terms of which Mazor will acquire the entire issued share capital of and claims against Compass Glass with effect from 1 July 2008. In terms of the agreement, the maximum acquisition consideration payable is R50 million and this amount will be payable in two instalments. A circular to shareholders setting out full details of the acquisition and incorporating a notice convening a general meeting to consider and, if deemed appropriate, to approve the transaction will be circulated to shareholders within 28 days following the date of this announcement.



As details pertaining to the transaction have been announced, shareholders are no longer required to exercise caution when dealing with Mazor`s shares. The cautionary announcement released on 15 May 2008 is hereby withdrawn.
30 May 2008 13:47:07
(Official Notice)
Shareholders are advised that the company?s audited annual financial statements for the year ended 29 February 2008, reflected in the annual report posted on 30 May 2008 are unchanged from the audited results released on SENS on 14 May 2008.



Notice is hereby given that the annual general meeting of Mazor will be held at 10:00 on Tuesday, 26 August 2008 at the offices of LDM Quantity Surveyors at 25 Hope Street, Cape Town, 8001.
15 May 2008 15:12:09
(Official Notice)
Shareholders are advised that the company 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 detailed announcement is released.
14 May 2008 08:05:36
(C)
The 24.6% growth in turnover to R177.1 million from R142.1 million for the previous year (which exceeded the prelisting forecast of R161.8 million by 9.5 %). Operating profit for Mazor's first year as a listed company amounted to R63.5 million. Net profit attributable to ordinary shareholders came in at R30 million. In addition, maiden headline earnings per share of 28.3cps was recorded.



Dividends

No dividend has been declared for the period under review.



Prospects

The local construction sector continues to experience significant growth, particularly in Mazor's target markets of high-rise commercial buildings, leisure and retail developments and similar large projects. Improved efficiencies and geographical expansion during the year have positioned Mazor to extend its recognised product range and increase market share nationally.



The directors are positive about Mazor's prospects for the year ahead and are confident of exceeding the forecasts set out in the prelisting prospectus for the year ending 28 February 2009 in the absence of any unforeseen circumstances. While organic growth is a primary objective, Mazor will continue to consider acquisition opportunities, particularly in glass. A portion of capital raised on listing will be allocated to these acquisition opportunities, a number of which are currently being assessed. In light of the energy crisis in South Africa and rising energy and commodity prices worldwide, the field of energy- optimising construction presents interesting expansion opportunities.
12 May 2008 15:09:18
(Official Notice)
Mazor is finalising its results for the year ended 29 February 2008 which will be released on SENS on or about 14 May 2008. In this regard, shareholders are advised that core headline earnings per share, will be between 46c and 48c compared to the earnings per share and headline earnings per share of 39.43c as forecast in the prospectus dated 8 November 2007. After adjustments of a non-trading nature as required in terms of IFRS 2, which includes the once off share-based payment charge of the BEE transaction completed in November 2007 and other charges of a non-recurring nature, earnings per share and headline earnings per share will be between 27c and 29c. The IFRS 2 adjustments in respect of the BEE transaction arose from the sale of shares by the founding shareholders to a BEE entity and is a required accounting entry and has no impact on the cash flow or the net asset value of the company. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors.
01 Apr 2008 15:52:26
(Official Notice)
Liezl Moller has resigned as company secretary with effect from 31 March 2008. Arthur Leon Winkler has been appointed as company secretary with effect from 1 April 2008.
06 Feb 2008 14:48:57
(Official Notice)
Shareholders are notified of the appointment of Monty Kaplan as chairman of the board with effect from 5 February 2008. Shlomo Mazor has changed his board status from executive chairman to executive director.
06 Feb 2008 11:04:01
(Official Notice)
Shareholders are notified that Liat Mazor has resigned as company secretary of Mazor with effect from 5 February 2008. Liezl Moller has been appointed as company secretary with immediate effect.
08-Jun-2017
(X)
The company is listed on the "Construction and Materials" sector of the Main Board of the Johannesburg Stock Exchange. The company is the holding company of a number of subsidiary companies principally engaged in construction activities, supply of aluminium fenestration systems and glass beneficiation in the Republic of South Africa.



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