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01-Sep-2017
(Official Notice)
Basic earnings per share (EPS) for the year ending 30 September 2017 compared to the year ending 30 September 2016 (?comparative period?) are expected to decrease between 35% and 50% based on prevailing market conditions, to between 511 cents per share and 393 cents per share (30 September 2016: 786 cents per share).



Basic headline earnings per share (HEPS) for the year ending 30 September 2017 are expected to decrease between 35% and 50% based on prevailing market conditions, to between 457 cents per share and 352 cents per share (30 September 2016: 703 cents per share) compared to the comparative period.



The decrease in EPS and HEPS is largely as a result of the following major factors:

*softer global markets for fishmeal and fish oil;

*losses on foreign exchange contracts held to cover the import of frozen fish;

*the effect of an 8% average strengthening in the rand on foreign earnings and

*lower canned fish sales volumes from slow consumer demand.



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



The Company expects its results for the twelve months ending 30 September 2017 to be released on the Stock Exchange News Service on or about Thursday, 16 November 2017.









18-May-2017
(C)
Revenue for the interim period decreased by 13% to R3.1 billion (2016: R3.6 billion). Gross profit fell by 5% to R1.2 billion (2016: R1.3 billion). Operating profit decreased by 16% to R505.0 million (2016: R600.3 million). Profit after taxation attributable to shareholders of Oceana Group Ltd. was 17% lower at R226.3 million (2016: R271.9 million). Furthermore headline earnings per share decreased to 193.8 cents per share (2016: 230.8 cents per share).



Cash dividend declaration

Notice is hereby given of dividend number 147. A gross interim dividend amounting to 90 cents per share, for the six months ended 31 March 2017, was declared on Thursday, 18 May 2017, out of current earnings.



Company prospects

Currency volatility is expected to persist in the medium term which will impact our performance for the full year. Export revenue for the period 1 April to 30 September 2016 was converted at approximately R14.60/USD. Earnings from our canned fish division are expected to improve in the second half of the year through anticipated good sales volumes in South Africa driven by better pricing and marketing strategies. Performance in our horse mackerel operations remains highly dependent on our ability to secure quota in Namibia at favourable prices. In our cold storage business, we expect frozen fish volumes associated with our canned fish production to improve. Occupancies in our Gauteng stores will continue to be affected by reduced poultry volumes.



Fishmeal and fish oil prices are expected to remain under pressure in the short term following the recent announcement that the Peruvian first fishing season anchovy quota allocation has been set at 2.8 million tons (2016: 1.8 million tons). Based on early season catches in South Africa, Angola and the US (Daybrook) we are optimistic that improved total landings across our fishmeal and oil operations will partially mitigate the effect of softer prices. The Department of Agriculture, Forestry and Fisheries (DAFF) is reviewing horse mackerel FRAP appeals and an announcement is expected within the next few months. We also await the judgement in the Viking Fishing court case which could provide strategic clarity on future fishing rights allocation processes. The process of finding a suitable US-based partner for the 75% equity stake in Westbank Fishing is continuing. We expect to conclude this prior to the exit of the current partners.

21-Apr-2017
(Official Notice)
Shareholders of Oceana are advised that Oceana is satisfied that a reasonable degree of certainty exists with regard to the company?s financial results for the six months ended 31 March 2017.



Accordingly, basic earnings per share for the six months ended 31 March 2017 compared to the six month period ended 31 March 2016 (?comparative period?) are expected to decrease between 15% and 18%, being 198.2 cents per share to 191.2 cents per share (31 March 2016: 233.1 cents per share).



Basic headline earnings per share for the six months ended 31 March 2017 are expected to decrease between 15% and 18% being 196.2 cents per share to 189.2 cents per share (31 March 2016: 230.8 cents per share) compared to the comparative period.



The expected decrease is attributable primarily to losses on foreign exchange contracts held to cover the import of frozen fish. During the period, the estimated aggregate foreign exchange loss is R44.7 million compared to an aggregate foreign exchange gain of R69.9 million in the comparative period. This equates to a decline of 14% in basic headline earnings per share for the six months ended 31 March 2017 compared to an increase of 18% for the comparative period, after adjusting for taxation.



In addition, earnings were negatively impacted by lower canned fish volumes in the first six months, driven primarily by the timing of buy-in effects ahead of price increases taken in April 2016 and October 2016, respectively as well as lower CCS occupancies in Gauteng.



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



The Company expects its results for the six months ended 31 March 2017 to be released on the Stock Exchange News Service on or about Thursday, 18 May 2017.





16-Feb-2017
(Official Notice)
Shareholders of Oceana (?Shareholders?) are advised that the voting results for the Annual General Meeting (?AGM?) of Oceana held at 14h00 today were as follows: All resolutions were passed by the requisite majority of Shareholders present in person or represented by proxy.



Resignation of director

Shareholders are advised that Mr. Peter Matlare has resigned as a director of Oceana, effective 16 February 2017. The Board of Directors (?the Board?) wishes to thank Mr. Matlare for his contribution during his tenure on the Board and we wish him well with his future endeavours.
15-Dec-2016
(Official Notice)
Oceana shareholders (?Shareholders?) are advised that Oceana published its audited annual financial statements for the financial year ended 30 September 2016 (?AFS?) from 15 December 2016 on its website at www.oceana.co.za. A shareholder who wishes to receive a printed copy of the AFS should contact the company?s transfer secretaries.



Oceana is not required to publish an abridged report at this stage because the audited preliminary results published on Thursday, 17 November 2016 remain unchanged. The annual financial statements were audited by Deloitte - Touche and their audit report is available for inspection at Oceana?s registered office.



Oceana 2016 Integrated Report

An electronic version of the Oceana 2016 integrated report is available for shareholders to access on Oceana?s website (www.oceana.co.za) on Thursday, 15 December 2016.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of shareholders will be held at the 7th Floor, Oceana House, 25 Jan Smuts Street, Foreshore, Cape Town on Thursday, 16 February 2017 at 14:00 (?AGM?), to transact the business as stated in the notice of AGM.



An electronic version of the said notice is available for Shareholder?s to access on Oceana?s website.





17-Nov-2016
(C)
20-Oct-2016
(Official Notice)
Basic earnings per share for the year ended 30 September 2016 compared to the 30 September 2015 (?comparative period?) are expected to increase between 32% and 36%, being 775.8 cents per share to 799.3 cents per share (2015: 587.7 cents per share).



Basic headline earnings per share for the year ended 30 September 2016 are expected to increase between 18% and 22% being 694.1 cents per share to 717.6 cents per share (2015: 588.2 cents per share) compared to the comparative period.



The Company expects its results for the twelve months ended 30 September 2016 to be released on the Stock Exchange News Service on or about Thursday, 17 November 2016.
14-Jul-2016
(Official Notice)
Oceana advise shareholders that Mr. Lawrence Charles Mac Dougall has been appointed in the role of non-executive director of the Board, with effect from 13 July 2016. Having held numerous leadership positions in the FMCG Industry, Mr. Mac Dougall brings with him a wealth of experience.
26-May-2016
(Official Notice)
Shareholders are advised that Oceana has concluded an agreement with Famous Brands Ltd. (?Famous Brands?) in relation to the disposal by Oceana of its entire shareholding in its wholly- owned subsidiary, Lamberts Bay Foods Ltd.(?Lamberts Bay Foods?), to Famous Brands (?the Transaction?).



Categorisation and suspensive conditions

The purchase consideration falls below the threshold of a categorised transaction in terms of the Listings Requirements of the JSE Ltd. The board of directors of Oceana however deemed it appropriate to notify shareholders of the Transaction. The Transaction is subject to Competition Commission approval, whereafter all suspensive conditions will have been fulfilled.
12-May-2016
(C)
Revenue for the interim period shot up by 40% to R3.6 billion (2015: R2.6 billion). Gross profit grew by 38% to R1.3 billion (2015: R930.4 million). Operating profit soared by 76% R600.3 million (2015: R340.7 million). Profit after taxation attributable to shareholders of Oceana Group Ltd. was 20% higher at R271.9 million (2015: R225.8 million). Furthermore headline earnings per share increased by 6% to 230.8 cents per share (2015: 218.0 cents per share).



Dividend

Notice is hereby given of dividend number 145. A gross interim dividend amounting to 112 cents per share, for the six months ended 31 March 2016, was declared on Thursday, 12 May 2016, out of current earnings. Where applicable the deduction of dividends withholding tax at a rate of 15% will result in a net dividend amounting to 95.2 cents per share.



Prospects

As was required by the department of Agriculture, Forestry and Fishing (DAFF), fishing rights applications for horse mackerel, hake inshore and West coast rock lobster were submitted on 24 February 2016. DAFF has indicated that the outcome of the allocations will be concluded during August 2016. This will not have an effect on the current year's financial results.



The group expects pricing to improve in the fishmeal and fish oil sector based on consistent demands, and with supply challenges in the Peruvian and European sectors. In the USA the 2016 Gulf Menhaden fishing season commenced on the 18th April 2016 with the season planned to run for a 28 week period to the end of October 2016. Early season landings have been positive with good oil yields. In South Africa the group expects consistent landing patterns of pilchards, industrial fish and hake. The group anticipates that its canned fish value proposition will remain competitive. In Namibia, the group's performance for the second six months will be dependent on the timing and extent of the allocation of remaining horse mackerel quota. As the group is materially a net exporter of goods, the group's overall performance for the full year will also be impacted by prevailing exchange rates. Oceana anticipates that its acquisitions of Foodcorp and Daybrook will continue to deliver the projected returns. In the group's drive for efficiency and focus, the group will continue to evaluate non-core and underperforming assets in the period ahead.

22-Feb-2016
(Official Notice)
Shareholders are advised that Ms ABA Conrad has resigned as an executive director of the Oceana board of directors, with effect from 30 April 2016.
18-Feb-2016
(Official Notice)
Shareholders of Oceana (?Shareholders?) are advised that the Annual General Meeting (?AGM?) of Oceana was held at 14h00 today.



All resolutions were passed by the requisite majority of shareholders present in person or represented by proxy.



The special resolutions passed will be filed with, and registered where required, by the Companies and Intellectual Property Commission.





15-Dec-2015
(Official Notice)
Oceana shareholders (?Shareholders?) are advised that Oceana published its audited annual financial statements for the financial year ended 30 September 2015 (?AFS?) on 15 December 2015 on its website at www.oceana.co.za. A Shareholder who wishes to receive a printed copy of the AFS should contact the company?s transfer secretaries. Oceana is not required to publish an abridged report at this stage because the audited preliminary results published on Thursday, 12 November 2015 remain unchanged. The annual financial statements were audited by Deloitte - Touche and their audit report is available for inspection at Oceana?s registered office.



Oceana 2015 Integrated Report

Oceana posted its 2015 Integrated Report to Shareholders today. An electronic version of the report is available for Shareholders to access on Oceana?s website.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of Shareholders will be held at the 7th Floor, Oceana House, 25 Jan Smuts Street, Foreshore, Cape Town on Thursday, 18 February 2016 at 14:00 (?AGM?), to transact the business as stated in the notice of AGM which is included in the 2015 Integrated Report. An electronic version of the said notice is available for Shareholder?s to access on Oceana?s website.

12-Nov-2015
(C)
Revenue for the year went up 22% to R6.2 billion (R5.0 billion). Gross profit was 18% higher at R2.3 billion (R2.0 billion). Operating profit jumped 17% to R1.0 billion (R879.6 million). Profit attributable to shareholders rose 6% to R611.2 million (R573.9 million). In addition, headline earnings per share increased by 7% to 588.2 cents per share (549.2 cents per share).



Dividend

Notice is hereby given of dividend number 144. A gross final dividend amounting to 259 cents per share, in respect of the year ended 30 September 2015, was declared on Wednesday, 11 November 2015, out of current earnings.



Prospects

We expect the weakness in the SA economy to continue. Globally, demand for fish protein remains robust and as a result we expect our export businesses to continue to reap the benefit of a weaker exchange rate. In Namibia, as a result of marginal returns due to the high quota cost of purchased quota, a reduction in total fleet capacity has become necessary. The Desert Rose was sold during October 2015. As a result, despite lower volumes, we expect improved operating margins in this sector if quota costs remain consistent with 2015.



The inclusion of the operating results from Daybrook is expected to have a material effect on earnings for both the 6 months to 31 March 2016 and the full year to 30 September 2016. The current El Nino being experienced in the Pacific Ocean has negatively affected the outlook for the Peruvian anchovy landings for the remainder of 2015 and possibly the first half of 2016. As a consequence global fishmeal and fish oil prices are projected to firm during the coming year.



Oceana continues to explore efficiencies from the centralisation of common functions in finance, human resources and procurement.
14-Sep-2015
(Official Notice)
24-Aug-2015
(Official Notice)
Shareholders of Oceana ("Shareholders") are referred to the Rights Offer finalisation announcement by Oceana released on the Stock Exchange News Service of the JSE Limited on Friday, 14 August 2015 and published in the press on Monday, 17 August 2015, in terms of which Oceana advised that Shareholders will be offered 15,999,997 new ordinary shares of no par value ("Rights Offer Shares") at a subscription price of ZAR 75.00 per Rights Offer Share and in the ratio of 13.98414 Rights Offer Shares for every 100 (one hundred) Oceana ordinary shares held on the initial record date being Friday, 28 August 2015.



Shareholders are advised that the circular in respect of the Rights Offer (?the Rights Offer Circular?) will be posted to certificated Shareholders on Tuesday, 25 August 2015 and to dematerialised Shareholders on Tuesday, 1 September 2015. The Rights Offer Circular is also available on the Company?s website at www.oceana.co.za.
14-Aug-2015
(Official Notice)
11-Aug-2015
(Official Notice)
23-Jul-2015
(Official Notice)
Further to the announcements dated 19 May 2015, 27 May 2015, 15 June 2015 and 15 July 2015 and the circular to Oceana shareholders dated 15 June 2015 (?the Circular?) (using the terms defined therein unless otherwise stated), shareholders are advised that all the Conditions have been fulfilled and the Transaction has become effective.



An announcement in relation to the proposed Rights Offer, of which details were set out in the Circular, will be made in due course.
15-Jul-2015
(Official Notice)
Further to the announcements dated 19 May 2015, 27 May 2015 and 15 June 2015 and the circular to Oceana shareholders (?Shareholders?) dated 15 June 2015 (?the Circular?) (using the terms defined therein unless otherwise stated), Shareholders are advised that at the General Meeting held on 15 June 2015, convened in terms of the notice of the General Meeting contained in the Circular, the resolutions to approve, inter alia, the acquisition by Oceana of the entire issued share capital of Daybrook Fisheries as a Category 1 transaction in terms of the Listings Requirements, were passed by the requisite majority of Shareholders.



It is anticipated that the closing date for the Transaction will be on or about 22 July 2015, following the fulfillment of all the Conditions.
08-Jul-2015
(Official Notice)
Shareholders of Oceana (?Oceana Shareholders?) are referred to the announcements dated 19 May 2015, 27 May 2015 and 15 June 2015 and the circular posted to Oceana Shareholders on 15 June 2015 (?the Circular?), relating to the indirect acquisition by Oceana of the entire issued share capital of Daybrook Fisheries, Inc. for a purchase consideration of USD 382.3 million (approximately ZAR 4,588 million).*



*Converted at the ZAR/USD exchange rate of 12.00, being the hedged forward exchange rate at which the Proposed Acquisition is expected to be completed.

Progress update onfunding agreements



Oceana Shareholders are advised that funding agreements between The Standard Bank of South Africa Ltd. and Oceana relating to the term funding as detailed in the Circular, have been entered into and are available for inspection at the Company's registered office at 7th Floor, Oceana House, 25 Jan Smuts Street, Foreshore, Cape Town, 8001.



In addition, Oceana Shareholders are hereby notified that Oceana's board of directors adopted resolutions contemplated by sections 45(2) and 45(3) of the Companies Act, 71 of 2008, authorising Oceana to provide financial assistance to persons who are related or inter-related to Oceana, in terms of (i), the aforesaid funding agreements (as parent company and guarantor); and (ii) an amendment to the General Banking Facility referred to in Annexure 6 of the Circular, increasing the facility limit to ZAR435,000,000 (as guarantor).
15-Jun-2015
(Official Notice)
27-May-2015
(Official Notice)
19-May-2015
(Official Notice)
14-May-2015
(C)
Revenue for the interim period increased by 9% to R2.566 billion (2014: R2.362 billion). Gross profit rose by 3% to R930.4 million (2014: R905.4 million), operating profit fell by 12% to R340.7 million (2014: R388.6 million), while profit after taxation attributable to shareholders of Oceana lowered by 11% to R225.8 million (2014: R253.8 million). Furthermore, headline earnings per share came in at 224.2 cps (2014: 252.6cps).



Dividend

Notice is hereby given of dividend number 143. A gross interim dividend amounting to 106cps, for the six months ended 31 March 2015, was declared on Thursday, 14 May 2015, out of current earnings.



Further cautionary announcement

Further to the cautionary announcement published on the Securities Exchange News Service on Monday, 11 May 2015, Oceana shareholders are advised that the company is still in advanced discussions with Daybrook Holdings Incorporated, a United States fishing and processing operation relating to a potential transaction which, if successfully concluded, may have a material effect on the price of the company?s securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
11-May-2015
(Official Notice)
Shareholders of Oceana are advised that the Company is currently in advanced discussions with Daybrook Holdings Incorporated, a United States fishing and processing operation, relating to a potential transaction 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 in this regard is made.
12-Feb-2015
(Official Notice)
Shareholders of Oceana (?Shareholders?) are advised that the Annual General Meeting (?AGM?) of Oceana was held on 12 February 2015.



All resolutions were passed by the requisite majority of Shareholders present in person or represented by proxy.



The special resolutions passed will be filed with, and registered where required, by the Companies and Intellectual Property Commission.
19-Dec-2014
(Official Notice)
The group refers its shareholders to the announcements released on the Stock Exchange News Service of the JSE on 4 June 2013, 7 November 2013 and 8 May 2014 in respect of Oceana's acquisition of the fishing interests of Foodcorp (Pty) Ltd. ("Foodcorp").



The Competition Commission (?Commission?) approved Oceana?s acquisition of Foodcorp subject to conditions which were not acceptable to both Oceana and Foodcorp (?the parties?).



Accordingly, the matter was referred to the Competition Tribunal (?Tribunal?) for consideration. The Tribunal approved the transaction subject to conditions which were again not acceptable to the parties. The parties chose to take the matter on appeal before the Competition Appeal Court. Their arguments were presented on 8 September 2014.



Oceana is pleased to announce that the Competition Appeal Court on 19 December 2014 upheld Oceana?s appeal and approved the merger subject to the following conditions:

* Foodcorp shall retain and continue to operate the Glenryck Trademark in accordance with good business practice.

* In the event of the subsequent sale of the Glenryck Trademark, Foodcorp shall notify the Commission of the proposed Glenryck Purchaser (?Glenryck Purchasers? means any willing and able independent third party, that elects to purchase the Glenryck Trademark on terms and conditions that are acceptable to Foodcorp) and shall, to the extent required by the Act or if requested to do so by the Commission, notify the proposed Glenryck Sale to the Commission.
18-Dec-2014
(Media Comment)
Business Day reports that Oceana are looking to distribute its highly profitable canned fish business into Africa. Oceana own Lucky Star, the best selling canned pilchard brand, which provides more than three million meals a day as a protein staple to households. CEO Francois Kuttel said that Oceana saw significant potential for growth in the East and Southern African markets. "In these markets, we will be seeking an increase in sales volume through a low-risk strategy that focuses primarily on identifying and securing the route to market." Mr Kuttel said.
15-Dec-2014
(Official Notice)
Oceana shareholders (?Shareholders?) are advised that Oceana published its audited annual financial statements for the financial year ended 30 September 2014 (?AFS?) on 15 December 2014 on its website at www.oceana.co.za. A Shareholder who wishes to receive a printed copy of the AFS should contact the company?s transfer secretaries.



Oceana is not required to publish an abridged report at this stage because the audited preliminary results published on Thursday, 6 November 2014 remain unchanged. The annual financial statements were audited by Deloitte - Touche and their audit report is available for inspection at Oceana?s registered office.



Oceana 2014 Integrated Report

Oceana posted its 2014 Integrated Report to Shareholders today. An electronic version of the report is available for Shareholder?s to access on Oceana?s website.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of Shareholders will be held at the 7th Floor, Oceana House, 25 Jan Smuts Street, Foreshore, Cape Town on Thursday, 12 February 2015 at 14:00 (?AGM?), to transact the business as stated in the notice of AGM which is included in the 2014 Integrated Report. An electronic version of the said notice is available for Shareholder?s to access on Oceana?s website.
06-Nov-2014
(C)
Revenue for the year went up 7% to R5.0 billion (R4.7 billion). Gross profit was 6% higher at R2.0 billion (R1.9 billion). Operating profit jumped 18% to R879.6 million (R743.6 million). Profit attributable to shareholders rose 17% to R573.9 million (R491.0 million). In addition, headline earnings per share increased by 16% to 565.0 cents per share (487.9 cents per share).



Dividend

Notice is hereby given of dividend number 142. A gross final dividend amounting to 271 cents per share, in respect of the year ended 30 September 2014, was declared on Thursday, 06 November 2014, out of current earnings. Where applicable the deduction of dividends withholding tax at a rate of 15% will result in a net dividend amounting to 230.35 cents per share.



Prospects

The canned fish and fishmeal business has been restructured to allow management to effectively explore opportunities for growth both domestically and in the rest of Africa and in addition to focus on extracting efficiencies. In Namibia the group continues to seek appropriately priced horse mackerel quota to supplement fishing of owned quota. Oceana will also continue to assess the viability of opportunities in Angola and have already commenced fishing, having obtained a mid-water trawl license in October 2014. In addition, Oceana expects to commission a fishmeal plant in Angola during 2015. The group continues to explore further opportunities for acquisitive growth both in South Africa and globally. In addition Oceana anticipates that a group wide implementation of shared service finance, procure to pay and human resource functions will deliver operational efficiencies from 2015 onwards.
08-May-2014
(C)
Revenue decreased to R2.4 billion (R2.5 billion). Operating profit grew to R388.6 million (R365.5 million). Profit attributable to shareholders jumped to R253.8 million (R240.1 million). In addition, headline earnings per share climbed to 252.6cps (239.3cps).



Dividend

Notice is hereby given of dividend number 141. A gross interim dividend amounting to 106 cents per share, for the six months ended 31 March 2014, was declared on Thursday 8 May 2014.



Prospects

In light of improved industrial fish landings to date the group is positioned to take advantage of opportunities for export revenue growth in the second half of this financial year. We are mindful that the pressure faced by domestic consumers will continue to impact canned fish volume growth for the remainder of the year.
13-Feb-2014
(Official Notice)
Shareholders of Oceana are advised that at the annual general meeting of Shareholders held on 13 February 2014 ("Annual General Meeting"), all of the ordinary resolutions and the special resolutions proposed in the notice posted to Shareholders on Friday, 13 December 2013, and the additional resolutions proposed in the addendum to notice of Annual General Meeting posted to Shareholders on Thursday, 16 January 2014, relating to the approval of certain proposed amendments made in respect of the Oceana BEE Transaction, were duly passed by the requisite majority of Shareholders present or represented by proxy. The special resolutions passed at the Annual General Meeting will be filed with, and registered where required, by the Companies and Intellectual Property Commission.
16-Jan-2014
(Official Notice)
13-Dec-2013
(Official Notice)
Oceana shareholders are advised that Oceana published its audited annual financial statements for the financial year ended 30 September 2013 ("AFS") on Friday, 13 December 2013 on its website at www.oceana.co.za. An Oceana shareholder who wished to receive a printed copy of the AFS should contact the company's transfer secretaries. Oceana is not required to publish an abridged report at this stage because the audited preliminary results published on Thursday, 7 November 2013 remain unchanged.



Oceana 2013 Integrated Report

Oceana posted its 2013 Integrated Report to Shareholders today. An electronic version of the report is available for Shareholder?s to access on Oceana's website.



Notice of Annual General Meeting

Notice was given that the annual general meeting of Shareholders will be held at the 7th Floor, Oceana House, 25 Jan Smuts Street, Foreshore, Cape Town on Thursday, 13 February 2014 at 14:00, to transact the business as stated in the notice of annual general meeting which is included in the integrated report. An electronic version of the notice is available for Shareholder's to access on Oceana's website.
07-Nov-2013
(C)
Revenue for the year jumped 8% to R5.0 billion (R4.6 billion) whilst gross profit went up by 10% to R1.9 billion (R1.8 billion). Operating profit was 13% higher at R748.7 million (R663.1 million). Profit attributable to equity holders rose 11% to R491.0 million (R443.8 million). In addition, headline earnings per share grew 7% to 487.9cps (455.7cps).



Dividend

Notice is hereby given of dividend number 140. A gross final dividend amounting to 222.0 cents per share, in respect of the year ended 30 September 2013, was declared on Thursday, 07 November 2013, out of current earnings.



Prospects

In light of the prevailing economic environment our ability to extract further volume growth in South Africa will remain under pressure. We continue to explore growth opportunities in the rest of Africa.



Operational efficiency and working capital management will remain focus areas. Procurement of canned fish from foreign suppliers, which has a six month lead time, has been cut-back in order to compensate for current inventory levels. Oceana anticipates that this will have a positive effect on working capital during the second half of the year once the lead time effect has been taken into account.
04-Jun-2013
(Official Notice)
Shareholders were advised that following the release of the information contained in this announcement, caution is no longer required to be exercised by shareholders when dealing in Oceana's securities.
04-Jun-2013
(Official Notice)
16-May-2013
(Media Comment)
The Financial Mail reported on rumours that Oceana's renewal of cautionary notice may be related to negotiations around acquiring control of a Spanish fishing company's Australian operations. Such a deal would greatly improve the geographic mix of Oceana's earnings. At the moment, Oceana's best-known overseas operation is the canned pilchard business Glenryck in the UK.
09-May-2013
(Official Notice)
Shareholders were referred to the announcement dated 27 March 2013 and were advised that Oceana remains in negotiations regarding a potential acquisition. Accordingly, shareholders were advised to continue to exercise caution when dealing in the company's securities until a further announcement in this regard is made.
09-May-2013
(C)
Revenue grew 20% to R2.6 billion (R2.1 billion) whilst operating profit jumped 38% to R366.3 million (R265.1 million). Profit attributable to shareholders shot up 43% to R240.1 million (R168.1 million). In addition, headline earnings per share also rose 43% to 239.3 cents per share (167.9 cents per share).



Dividend

Notice was given of dividend number 139. A gross interim dividend amounting to 100 cents per share, for the six months ended 31 March 2013, was declared on Thursday, 9 May 2013.



Prospects

The group is well positioned to take advantage of opportunities for growth. Given the increase at half year, earnings for the full year are expected to exceed those of last year.
12-Apr-2013
(Official Notice)
Shareholders are advised that basic earnings per share and basic headline earnings per share for the six months ended 31 March 2013 are expected to be between 40% and 45% higher than the comparative figures for the six months ended 31 March 2012.



The financial information on which this trading statement is based has not been reviewed and/or reported on by the company's auditors. The company expects its results for the six months ended 31 March 2013 to be released on the SENS on or about Thursday, 9 May 2013.
05-Apr-2013
(Official Notice)
Shareholders of Oceana were advised that Mr Noel Patrick Doyle has been appointed as a non-executive director of Oceana, effective Monday, 8 April 2013.
27-Mar-2013
(Official Notice)
Shareholders were advised that Oceana has entered into negotiations relating to a potential acquisition, which if successfully concluded, may have a material effect on the price of the company's securities.



Accordingly, shareholders were advised to exercise caution when dealing in the company's securities until a further announcement in this regard is made.
27-Feb-2013
(Official Notice)
Shareholders of Oceana are advised that Mr Phildon Martin Roux resigned as a non-executive director of Oceana, effective 22 February 2013.
14-Feb-2013
(Official Notice)
Shareholders of Oceana were advised that at the AGM, all of the ordinary resolutions and the special resolutions proposed in the notice to shareholders dated Monday, 10 December 2012, were duly passed by the requisite majority of Shareholders present or represented by proxy. The special resolutions passed at the AGM will be filed with, and registered where required, by the Companies and Intellectual Property Commission.
21-Dec-2012
(Official Notice)
Oceana shareholders were advised that Oceana posted its audited annual financial statements for the financial year ended 30 September 2012 on Friday, 21 December 2012.



Oceana is not required to publish an abridged report at this stage because the financial information published on Thursday, 8 November 2012 remains unchanged.



The annual financial statements were audited by Deloitte - Touche and their audit report is available for inspection at Oceana's registered office.



Notice of Annual General Meeting

Notice was given that the annual general meeting of Oceana shareholders will be held at the 7th Floor, Oceana House, 25 Jan Smuts Street, Foreshore, Cape Town on Thursday, 14 February 2013 at 14:00, to transact the business as stated in the notice of annual general meeting which was posted together with annual financial statements and the integrated report.
08-Nov-2012
(C)
Revenue increased by 27% to R4.6 billion (R3.7 billion) and gross profit rose by 31% to R1.8 billion (R1.4 billion). Operating profit was up by 29% to R663.1 million (R512.7 million), while net profit attributable to ordinary equity holders jumped by 33% to R443.8 million (R333.2 million). In addition, headline earnings on a per share basis improved by 37% to 455.7cps (333.7cps).



Dividend

A final ordinary dividend of 256cps has been declared.



Prospects

The group is well positioned to take advantage of opportunities for further organic and acquisitive growth.



07-Nov-2012
(Official Notice)
17-Oct-2012
(Official Notice)
Shareholders are advised that basic earnings per share for the year ended 30 September 2012 are expected to be between 30% and 35% higher than the comparative figure for the year ended 30 September 2011 (comparative period). Basic headline earnings per share for the year ended 30 September 2012 are expected to be between 35% and 40% higher than for the comparative period.



The financial information on which this updated trading statement is based has not been reviewed and/or reported on by the company's auditors. The company expects its results for the year ended 30 September 2012 to be released on SENS on or about Thursday, 8 November 2012.
28-Sep-2012
(Official Notice)
Shareholders are advised that the Company's earnings per share and headline earnings per share for the year ending 30 September 2012 are expected to be at least 20% higher than those for the year ended 30 September 2011. A further announcement will be released once the Company has reasonable certainty of the increase or the range of the increase. The Company expects its results for the year ended 30 September 2012 to be released on the SENS on or about 8 November 2012.
20-Jun-2012
(Official Notice)
With reference to the announcement by Oceana on 9 May 2012 regarding the settlement agreement ("the agreement") concluded with the Competition Commission, shareholders are advised that the Competition Tribunal has confirmed the agreement as a consent order at a hearing held on Tuesday, 19 June 2012.
11-May-2012
(C)
Revenue increased by 21% to R2.1 billion (R1.8 billion). Gross profit rose 26% to R790 million (R628.2 million) and operating profit improved by 25% to R265.1 million (R212.6 million). Net attributable profit up by 21% to R168.1 million (R138.9 million). In addition, headline earnings on a per share basis grew by 21% to 167.9cps (139.2cps).



Dividend

An ordinary interim dividend of 45cps has been declared.



Prospects

The group is well positioned to take advantage of opportunities for organic and acquisitive growth. Earnings for the full year are expected to exceed those of last year.
09-May-2012
(Official Notice)
Further to the trading statement released on SENS on Tuesday, 2 May 2012, shareholders are advised that basic earnings per share and basic headline earnings per share for the six months ended 31 March 2012 are expected to be between 20% and 22% higher than the comparative figure for the six months ended 31 March 2011 ("comparative period").



Shareholders are referred to an announcement released on SENS on 9 May 2012 regarding the consent agreement concluded between the company, its subsidiary Oceana Brands Ltd, and the Competition Commission in relation to its investigation into the small pelagic fishing industry. The financial results for the six months ended 31 March 2012 include a provision amounting to R34.75 million in respect of the administrative penalty agreed with the Competition Commission.



Shareholders are further advised that group operating profit for the six months ended 31 March 2012, excluding the effect of the aforementioned Competition Commission penalty, is expected to be between 40% and 42% higher than for the comparative period. The company expects its results for the six months ended 31 March 2012 to be released on SENS on or about Friday, 11 May 2012.
09-May-2012
(Official Notice)
Following an investigation into the small pelagic fishery by the Competition Commission (hereinafter "Commission"), Oceana and its subsidiary Oceana Brands Ltd. (collectively hereinafter "Oceana") have accepted responsibility for certain contraventions of the Competition Act No 89 of 1998, as amended ("the Competition Act").



Accordingly, Oceana has agreed to pay an administrative penalty amounting to R34.75 million representing 5% of its affected turnover derived from its pelagic fishing operations in South Africa in the 2010 financial year. This is in full and final settlement and is subject to confirmation by the Competition Tribunal.



Oceana respectfully disagrees with the Commission's conclusions regarding the effect of the Sea Harvest shareholders agreement, given that the company was not even aware that the agreement existed until 2010. Oceana has implemented a comprehensive ongoing Competition Law compliance programme, consisting of training and education, compliance audits, the introduction of relevant corporate policies and procedures as well as the establishment of appropriate monitoring and reporting mechanisms. Oceana operates responsibly and ethically in strict accordance with the laws of the country and the King III principles of good corporate governance.
09-May-2012
(Official Notice)
02-May-2012
(Official Notice)
Shareholders are advised that earnings per share and headline earnings per share for the six months ended 31 March 2012 are expected to be at least 20% higher than those for the comparative period ended 31 March 2011. A further announcement will be released once the company has reasonable certainty of the increase or the range of the increase. The company expects its results for the six months ended 31 March 2012 to be released on SENS on or about 11 May 2012.
17-Feb-2012
(Official Notice)
Shareholders of Oceanaare advised that at the Annual General Meeting of shareholders held today, all of the ordinary resolutions and special resolutions proposed in the notice to Shareholders dated 10 November 2011, were duly passed by the requisite majority of votes. The special resolutions will be filed with, and registered where required, by the Companies and Intellectual Property Commission.
21-Nov-2011
(Official Notice)
Shareholders were referred to the announcement released earlier on 21 November 2011 relating to the agreements concluded to purchase the hake, horse mackerel and south coast lobster fishing rights and related assets of the Lusitania group and associated companies as well as its cold storage business ("the transaction") and a withdrawal of cautionary announcement. Shareholders are advised that a correction has been made to Oceana's percentage interest in south coast lobster, following the transaction. Accordingly, the transaction would increase the group's interest in south coast lobster from 3.1% to 22.6% (and not 25.7% as mentioned in the previous announcement).
21-Nov-2011
(Official Notice)
Following the release of the information on the Lusitania acquisition, shareholders no longer need to exercise caution when dealing in their Oceana shares.
21-Nov-2011
(Official Notice)
21-Nov-2011
(Official Notice)
Shareholders were referred to the cautionary announcement dated Monday, 24 October 2011 and the further cautionary announcement dated Thursday, 10 November 2011. Oceana has, through various subsidiaries, concluded agreements to purchase the hake, horse mackerel and south coast lobster fishing rights and related assets of the Lusitania group and associated companies as well as its cold storage business ("the transaction").



The transaction is subject, inter alia, to the approval of the Minister of Agriculture, Forestry and Fisheries as well as the Competition Commission. Should the transaction become unconditional, it is expected to be effective in March 2012. As the transaction value is less than 5% of the company's market capitalisation, detailed information has not been provided in terms of the Listings Requirements of the JSE Ltd. The transaction would increase the group's interest in the hake industry from 1.1% to 4.4%, in horse mackerel from 18.8% to 22.8%, in south coast lobster from 3.1% to 25.7% and increase the commercial cold storage capacity of the group by 4.1%.
10-Nov-2011
(C)
Revenue increased by 7% to R3.7 billion (R3.4 billion) and gross profit rose by 8% to R1.4 billion (R1.3 billion). Operating profit was up by 10% to R512.7 million (R464.8 million), while net profit attributable to ordinary equity holders jumped by 13% to R333.2 million (R294.4 million). In addition, headline earnings on a per share basis improved by 6% to 333.7cps (315.2cps).



Dividend

A final ordinary dividend of 183cps has been declared.



Prospects

The group is well positioned to take advantage of opportunities for further organic and acquisitive growth.
24-Oct-2011
(Official Notice)
Shareholders were advised that Oceana has entered into negotiations, which if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders were advised to exercise caution when dealing in the company's securities until a further announcement was made.
24-Oct-2011
(Official Notice)
Shareholders were advised that headline earnings per share for the year ended 30 September 2011 are expected to be between 3% and 8% higher than the comparative figure for the year ended 30 September 2010. Earnings per share for the year ended 30 September 2011 are expected to be between 10% and 15% higher than the comparative figure for the year ended 30 September 2010. The company expects its results for the year ended 30 September 2011 to be released on SENS on or about 10 November 2011.
03-Oct-2011
(Official Notice)
Shareholders are advised that at the general meeting of shareholders of Oceana held today, the special resolutions pertaining to the following were approved:

*financial assistance by the Company in terms of Section 45 of the South African Companies Act, No 71 of 2008 ("the Act"); and

*non-executive directors' remuneration in their capacity only as directors in terms of Section 66 of the Act.
26-Aug-2011
(Official Notice)
Shareholders of Oceana are referred to the circular posted relating to:

*the approval of financial assistance by the company in terms of Section 45 of the South African Companies Act, No 71 of 2008 ("the Act"); and

*the approval of non-executive directors' remuneration in their capacity only as directors in terms of Section 66 of the Act.



A circular was posted to Oceana shareholders and notice convening the general meeting published on Friday, 26 August 2011. The general meeting is to be held at 9th Floor, Oceana House, 25 Jan Smuts Street, Foreshore, Cape Town, 8001 at 14h30 on Friday, 30 September 2011.
04-Jul-2011
(Official Notice)
Mr. JD Cole, company secretary of Oceana and of its two major subsidiaries, Oceana Brands Ltd and Blue Continent Products (Pty) Ltd, resigned on 04 July 2011. Oceana has appointed Jillian Cheryl Marais as company secretary of the three companies with effect from 04 July 2011.
11-May-2011
(C)
Revenue for the six months ended 31 March 2011 increased by 16% to R1.8 billion (2010: R1.5 billion). Operating profit increased by 23% to R212.6 million (2010: R172.5 million). Profit attributable to shareholders increased to R138.9 million (2010: R106.7 million). Headline earnings per share for the six months rose by 10% to 139.2cps (2010: 126.4cps).



Dividend

An interim dividend of 37cps has been declared.



Prospects

Generally, fishing conditions are expected to remain stable. Purse seine fishing conditions for anchovy should improve in the winter months, weather permitting. Higher fuel prices will impact fishing costs in the second half, particularly midwater and deep-sea trawling. Oceana's export markets in Africa and the Far East are expected to be stable whilst its European markets may show some improvement albeit off a low base. Further volume increase is anticipated in the local market for canned fish. The cold storage division anticipates improved fruit volumes to be handled this export season compared to the previous year. Group headline earnings for the full year are expected to exceed those of last year. The forecast information has not been reviewed or audited by the company's auditors.
18-Apr-2011
(Official Notice)
In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, shareholders are advised that headline earnings per share for the six months ended 31 March 2011 are expected to be between 7% and 12% higher than the comparative figure for the six months ended 31 March 2010. Earnings per share for the six months ended 31 March 2011 are expected to be between 27% and 32% higher than the comparative figure for the six months ended 31 March 2010. The main reason for the differential in the increase in headline earnings per share and earnings per share is that, in the prior year, earnings were impacted by an impairment expense relating to goodwill arising on acquisition of the Glenryck UK business in 2004 which was adjusted for purposes of headline earnings. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The company expects its results for the six months ended 31 March 2011 to be released on SENS on or about 11 May 2011.

05-Apr-2011
(Official Notice)
Zarina Bassa was appointed as an independent non-executive director of Oceana on 01 April 2011, and as a member of the company's audit committee with effect from the same date.
11-Feb-2011
(Official Notice)
Mr Robert Albert Williams retired as lead independent non-executive director of Oceana on 10 February 2011 after 22 years of service. Mr Saamsoodein Pather, an independent non-executive director, was appointed as lead independent director on 10 February 2011. Mr Phildon Martin Roux was appointed as a non-executive director of Oceana on 10 February 2011.
11-Feb-2011
(Official Notice)
Shareholders are advised that all of the ordinary resolutions and the special resolution proposed in the notice to shareholders dated 11 November 2010 were duly passed by the requisite majority of votes at the annual general meeting held yesterday, 10 February 2011. The special resolution will be lodged with CIPRO for registration on or about 24 February 2011.
31-Jan-2011
(Official Notice)
Mr M Allie, company secretary of Oceana, resigned with effect from 31 January 2011. Mr JD Cole has been appointed as company secretary in his stead with effect from 1 February 2011.
03 Jan 2011 10:14:13
(Official Notice)
Mr M Fleming resigned as a non-executive director of Oceana on 31 December 2010.
15 Dec 2010 11:21:20
(Official Notice)
Oceana shareholders were advised that Oceana posted its audited annual financial statements for the financial year ended 30 September 2010 on Wednesday, 15 December 2010. Oceana is not required to publish an abridged report at this stage because the financial information published on 11 November 2010 is unchanged. The annual financial statements were audited by Deloitte - Touche and the audit report is available for inspection at Oceana's registered office. Notice was given that the annual general meeting of Oceana shareholders will be held in the Boardroom, 16th Floor, Metropolitan Centre, 7 Coen Steytler Avenue, Cape Town on Thursday, 10 February 2011 at 14:00, to transact the business as stated in the notice of annual general meeting which is included in the annual report.
11 Nov 2010 16:39:32
(C)
Revenue rose by 4% to R3.4 billion (R3.3 billion), gross profit also increased by 18% to R1.3 billion (R1.1 billion). Operating profit improved to R464.8 million (R430.2 million), while profit attributable to ordinary shareholders amounted to R294.4 million (R292.2 million). Moreover, headline earnings on a per share basis expanded to 315.2cps (279.4cps).



Dividend

A final dividend of 175 cents per share has been declared.



Prospects

Fishing conditions in the Southern African region are expected to remain relatively stable. Oceana's South African, other African and Asian markets are anticipated to show further growth while the company's European markets are yet to recover to levels experienced before the global economic crisis. The rand exchange rate will continue to have a major bearing on financial performance.
24 Aug 2010 16:06:53
(Official Notice)
Oceana has with effect from 19 August 2010 appointed its vice-chairman, Mr Robert Albert Williams, as lead independent director of the company.
06 May 2010 17:45:57
(C)
Revenue for the six months ended 31 March 2010 decreased to R1.5 billion compared with the first half of the previous year (R1.6 billion). Operating profit before abnormal items increased to R192 million (March 2009: R174 million),while headline earnings per share for the six months rose to 126.4cps (March 2009: 120.8cps).



Dividend

An interim dividend of 33cps has been declared (2009: 31cps).



Prospects

Fishing conditions in the southern African region are expected to remain reasonably stable. Our South African, other African and Asian markets are anticipated to show growth whilst our European export markets have yet to recover to levels experienced before the global economic crisis.
12 Feb 2010 12:12:42
(Official Notice)
Shareholders are advised that all of the ordinary resolutions and the special resolution proposed in the notice to shareholders dated 12 November 2009 were duly passed by the requisite majority of votes at the annual general meeting held yesterday, 11 February 2010. The special resolution will be lodged with CIPRO for registration on or about 15 February 2010.
19 Jan 2010 14:50:53
(Official Notice)
Shareholders are advised of a print error on pages 82 and 90 of the Oceana Annual Report 2009 that was mailed to shareholders on 18 December 2009. The proof date and number that appear in the header on pages 82 and 90 of the report is a print error and should not have appeared. These pages are as approved by the Oceana board as part of the annual financial statements.
31 Dec 2009 08:36:11
(Media Comment)
Fishing group Oceana, which owns well-known brands such as Lucky Star and Glenryck, planned to increase it's long-term fishing rights by acquiring rights from parties that wanted to leave the industry, chairman Mustaq Brey said in the group's latest annual report. Oceana, whose major shareholder are Tiger Brands and Brimstone investment Corporation, employs 1 351 permanent staff and 669 seasonal workers. It operated 36 vessels in SA and Namibia in the past year. This year and last year Oceana has rights to catch only 14.4% of South African pilchards, 16.8% of anchovies, 18.8% of horse mackerel, 1.1% of trawl hake and 1.4% of long-line hake.



18 Dec 2009 10:37:09
(Official Notice)
Oceana shareholders are advised that Oceana posted its audited annual financial statements for the financial year ended 30 September 2009 on Friday, 18 December 2009. Notice was also given that the annual general meeting of Oceana shareholders will be held in the Boardroom, 16th Floor, Metropolitan Centre, 7 Coen Steytler Avenue, Cape Town on Thursday, 11 February 2010 at 14:00, to transact the business as stated in the notice of annual general meeting which is included in the annual report.
12 Nov 2009 17:45:52
(C)
Revenue rose by 10% to R 3.3 billion (2008: R3 billion). Operating profit increased by 31% to R430 million (2008:R 329 million). Profit attributable to shareholders increased by 19% to R292 million(2008:R246 million). Earnings per share 295 cps(2008: 249.3 cps) and headline earnings up 18% to 279.4 cps (2008: 237.7cps).



Dividend

A final dividend of 153cps was declared in respect of the year ended 30 September 2009.



Prospects

The group is well placed to take advantage of an improvement in global economic conditions. Fishing conditions in the southern African region remain reasonably stable and the group has opportunities for further organic growth.
13 Oct 2009 16:44:09
(Official Notice)
Shareholders are advised that earnings per share and headline earnings per share for the year ended 30 September 2009 are expected to be between 15% and 20% higher than the comparative figures for the year ended 30 September 2008. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The company is expecting its results for the year ended 30 September 2009 to be released on SENS on or about 12 November 2009.
10 Sep 2009 11:59:23
(Official Notice)
Oceana has with effect from 10 September 2009 appointed Nomahlubi Mayatula-Simamane as a non-executive director.
28 Aug 2009 11:23:38
(Official Notice)
The board of Oceana has with effect from 27 August 2009 appointed Takula Jenkins Tapela as a non executive director of the company.
20 Aug 2009 16:17:48
(Official Notice)
Mr F Robertson resigned as a director of Oceana on 20 August 2009.
01 Jun 2009 13:45:27
(Official Notice)
Mr JD Cole, company secretary of Oceana, retired on 31 May 2009. Mr Masood Allie has been appointed as company secretary in his stead with effect from 1 June 2009.
07 May 2009 16:30:39
(C)
Revenue for the six months ended 31 March 2009 increased by 24% compared with the first half of the previous year. Operating profit before abnormal items increased by 69% with the canned fish and horse mackerel businesses showing good improvement over the prior year. Headline earnings per share for the six months rose by 59% and earnings per share by 63%.



Dividend

An interim dividend of 31cps has been declared (2008: 26cps).



Prospects

Whilst earnings growth in the first half of the year was well ahead of last year, performance in the second half will be affected by foreign currency exchange rates and less favourable international market conditions. Growth in earnings and headline earnings for the full year is expected to be at a much lower rate than that of the first half-year. The forecast information has not been reviewed or audited by Oceana's auditors.
02 Apr 2009 11:06:23
(Official Notice)
Oceana is pleased to advise that Francois Kuttel has been appointed as an Executive Director and Chief Executive Officer to take effect from 1 July 2009. Mr Rod Nicol will continue as acting CEO in the interim.
02 Mar 2009 07:47:42
(Official Notice)
As announced on 21 November 2008, Andrew Marshall resigned as CEO of Oceana Group with effect from 28 February 2009. The board has appointed Rod Nicol as acting CEO until it makes a formal appointment of a person on a permanent basis to that office.
06 Feb 2009 11:07:32
(Official Notice)
Oceana shareholders are advised that all of the ordinary resolutions and the special resolution proposed in the notice to shareholders dated 13 November 2008 and contained in the 2008 annual report were duly passed by the requisite majority of votes at the annual general meeting held yesterday, being 05 February 2009. The special resolution will be lodged with CIPRO for registration on or about 09 February 2009.
05 Feb 2009 14:54:58
(Official Notice)
Shareholders are advised that headline earnings per share for the six months ending 31 March 2009 are expected to be between 45% and 65% higher than the comparative figure for the six months ended 31 March 2008. Earnings per share for the six months ending 31 March 2009 are expected to be between 60% and 80% higher than the comparative figure for the six months ended 31 March 2008. Shareholders are further advised that this increase does not give an indication of earnings growth for the full year to 30 September 2009. The forecast financial information on which this trading statement is based has not been reviewed and/or reported on by the company's auditors.
16 Jan 2009 17:00:15
(Official Notice)
Ms Z Fuphe resigned as a director of Oceana on 16 January 2009.
19 Dec 2008 07:56:42
(Official Notice)
Oceana shareholders are advised that Oceana posted its audited annual financial statements for the financial year ended 30 September 2008 on Friday, 19 December 2008. Oceana is not required to publish an abridged report at this date because the financial information published on 13 November 2008 is unchanged.



Notice was given that the annual general meeting of Oceana shareholders will be held in the Boardroom, 16th Floor, Metropolitan Centre, 7 Coen Steytler Avenue, Cape Town on Thursday, 5 February 2009 at 14h00, to transact the business as stated in the notice of annual general meeting which is included in the annual report.
21 Nov 2008 11:03:44
(Official Notice)
Andrew Marshall has indicated his intention to resign from the group and as a director of the company at the end of February 2009.
13 Nov 2008 14:04:35
(C)
Earnings per share for the year ended 30 September 2008 increased by 49% compared to that of the previous year following improved results in most business units. Headline earnings per share improved by 46%. Group turnover reached R3.0 billion and the operating margin improved to 10.6%. Operating profit before abnormal items increased by 34% compared to the prior year. The major abnormal items were cash recoveries relating to previously impaired Namibian hake assets and a foreign exchange profit on disposal of the remaining Western Australia lobster fishing rights. Investment income was higher due to higher interest rates. A final dividend of 130cps has been declared, which together with the interim dividend of 26 cents, brings the total dividend for the year to 156cps, an increase of 47% on the 2007 total dividend of 106c.



Dividend

A final dividend of 130cps was declared in respect of the year ended 30 September 2008.



Prospects

The recent weakening of the rand exchange rate against major foreign currencies should benefit earnings going forward. Whilst prices of certain of Oceana's export products are expected to reflect the impact of a general slowing in the world economy this is unlikely to affect sales of more basic food products such as pilchards and horse mackerel which comprise the majority of the group's business. Overall an improvement in earnings in real terms is expected in the year ahead.
04 Sep 2008 17:33:59
(Official Notice)
Shareholders are advised that earnings per share and headline earnings per share for the year ending 30 September 2008 are expected to be between 40% and 55% higher than the comparative figures for the previous year. The forecast financial information on which this trading statement is based has not been reviewed and/or reported on by the company's auditors. The company is expecting its results for the year ended 30 September 2008 to be released on SENS on or about 13 November 2008.
02 Jun 2008 17:44:15
(Official Notice)
Shareholders are advised that Mr NP Doyle has resigned from the board of directors of Oceana with effect from 31 May 2008.
09 May 2008 10:57:07
(Official Notice)
Peter Gerard de Beyer, Michael Fleming and Peter Bambatha Matlare have been appointed as non-executive directors of the company with effect from 9 May 2008.
08 May 2008 14:07:12
(C)
Revenue for the six months ended 31 March 2008 increased by 15% to R1.3m compared with the first half of the previous year and operating profit before abnormal items by 55% to R102.7m. The major contributing factors to the improved margins were increased sales of canned fish, improved export realisations and higher cold store occupancy levels. Headline earnings per share for the six months increased by 63% and earnings per share by 48%. The weighted average number of shares in issue was reduced by the specific repurchase of 2.6 million shares. This contributed to higher earnings on a per share basis.



Dividends

An interim dividend of 26 cents per share has been declared (2007: 19 cents per share).



Prospects

Headline earnings for the full year are expected to exceed those of last year. However, second half earnings growth will be at a much lower rate than that of the first half.
02 Apr 2008 10:12:38
(Official Notice)
Shareholders are advised that headline earnings per share for the six months ended 31 March 2008 are expected to be between 55% and 65% higher than the comparative figure for the six months ended 31 March 2007. Earnings per share are expected to be between 40% and 50% higher than the comparative figure for the six months ended 31 March 2007.
28 Feb 2008 17:53:36
(Official Notice)
Shareholders are advised that Mr N Dennis has resigned from the board of directors of Oceana with effect from Tuesday, 19 February 2008.
08 Feb 2008 08:05:42
(Official Notice)
Oceana shareholders are advised that all of the ordinary resolutions and the special resolution proposed in the notice to shareholders dated 9 November 2007 and contained in the 2007 Annual Report were duly passed by the requisite majority of votes at the annual general meeting held today, being 07 February 2008. The special resolution is being lodged with the Registrar of Companies for registration.
17 Jul 2006 16:22:44
(Official Notice)
Oceana shareholders are referred to an announcement released on SENS on 7 July 2006, inviting Oceana shareholders to provide written submissions to the Executive Director of the Securities Regulation Panel ("SRP") by 17 July 2006, as to why the SRP should not consent to waive the requirement that Tiger and Brimstone extend a mandatory offer to minority Oceana shareholders at a price of R15.21 per Oceana ordinary share. The Executive Director of the SRP has not received any submissions and, consequently, the SRP has waived the requirement that Tiger and Brimstone extend a mandatory offer to minority Oceana shareholders.
07 Jul 2006 14:16:08
(Official Notice)
Oceana shareholders are referred to the announcement released on the SENS on 26 June 2006, which informed Oceana shareholders that Tiger, Oceana, Ocfish Holding Company Ltd and Real Africa Holdings Ltd ("RAH") had entered into an agreement which, subject to the fulfillment of the conditions, would result in the disposal by RAH of its entire interest in Ocfish to Tiger (RAH holds 42.8% of Ocfish which, in turn, holds 45.82% of Oceana), the subsequent unbundling of Ocfish's interests in Oceana and the facilitation by Oceana of the introduction of black economic empowerment to Oceana by means of direct ownership in its ordinary share capital by an Oceana black employee share trust and a strategic black partner, Brimstone. It is intended that Brimstone will acquire, through a special purpose vehicle, approximately 10% of the ordinary share capital of Oceana. In terms of the BEE transaction, the effective interest in Oceana held by Tiger (which is acting purely as a facilitator in this transaction) will temporarily increase from 39.4% up to a maximum of 60.1% (by Tiger acquiring Ocfish shares from RAH and from certain other minorities in Ocfish) and shortly thereafter, Tiger's effective interest in Oceana will, after the disposal by Tiger of the relevant Oceana shares to the OBEST and Brimstone in terms of the BEE transaction, return to a maximum of 39.4%.
26 Jun 2006 16:56:34
(Official Notice)
Further to the cautionary announcements dated 20 April 2006 and 8 June 2006, Oceana, Ocfish Holding Company Ltd , Tiger Brands Ltd and Real Africa Holdings Ltd, have entered into an agreement which, subject to the conditions precedent will result in:

*the disposal by RAH of its entire interest in Ocfish to Tiger Brands;

*an offer by Tiger Brands to certain Ocfish minority shareholders to acquire their Ocfish shares;

*the subsequent unbundling of Ocfish's approximate 46% interest in Oceana to the Ocfish shareholders;

*the sale by Tiger Brands of the relevant number of Oceana shares to a black economic empowerment consortium, comprising an Oceana black employee share trust ("OBEST") and a strategic black partner; and

*a new issue of Oceana ordinary shares by Oceana to the OBEST.

Oceana has entered into an agreement with Brimstone Investment Corporation Ltd as the strategic black partner, in terms of which Brimstone will acquire, subject to the fulfillment of the conditions precedent to the BEE Transaction, a shareholding of approximately 10% in Oceana.
08 Jun 2006 12:42:47
(Official Notice)
The negotiations entered into by Oceana and RAH are still in progress, which if successfully concluded, will result in RAH disposing of its indirect interest in Oceana to an empowerment consortium. The envisaged transaction may have a material effect on the share prices of the respective companies. Shareholders are advised to continue to exercise caution when dealing in Oceana securities until a full announcement is made.
10 May 2006 15:40:09
(C)
Headline earnings per share for the six months ended 31 March 2006 increased by 14% to 33.2cps (29.2cps) compared to those of the first half of the previous year. Earnings per share for the same period were 90% higher than the previous year at 34.1cps (17.9cps) mainly as a result of the non recurrence in 2006 of significant restructuring and closure costs of the Namibian whitefish operations in 2005. Group turnover decreased by 3% to R1.197 billion (R1.230 billion) whilst operating profit before abnormal items was in line with last year at R52.6 million (R52.7 million). Profit attributable to shareholders rose 93% to R38.5 million (R19.9 million).



Dividend

An interim dividend (No. 125) of 15cps was declared for the period.



Prospects

Any earnings growth for the full year will be dependant on an improvement in pelagic fishing conditions.
10 May 2006 13:53:30
(Official Notice)
The board of Oceana Group has with effect from 10 May 2006 appointed two persons as non executive directors of the company, namely:

*Noel Patrick Doyle (40), FCA. CA(SA)

*Lorain Ruthilal (36), MBA. CA(SA)

The board has also appointed Zellah Fuphe, B Soc Sc as a director of the company with effect from 01 June 2006.
20 Apr 2006 15:36:55
(Official Notice)
Oceana and RAH have entered into negotiations, which if successfully concluded, will result in RAH disposing of its indirect interest in Oceana to an empowerment consortium. The envisaged transaction may have a material effect on the share prices of the respective companies. Accordingly, Oceana and RAH shareholders are advised to exercise caution when dealing in Oceana and RAH securities until a full announcement is made.
03 Apr 2006 11:04:48
(Official Notice)
Mr RV Smither resigned as a director of Oceana on 31 March 2006. He served as a director for over five years, having been appointed in May 2000.
10 Feb 2006 17:06:18
(Official Notice)
At the annual general meeting of shareholders of the company held on 09 February 2006, the requisite majority of shareholders approved all the special and ordinary resolutions proposed in the notice to shareholders, dated 09 November 2005, contained in the 2005 Annual Report. .
10 Feb 2006 14:51:23
(Official Notice)
At the group's annual general meeting, DMH Ncube announced that he would retire as chairman and a director as of 09 February 2006. The directors elected Mustaq Ahmed Brey as chairman of the company, in succession to Mr Ncube.
09 Feb 2006 15:33:34
(Official Notice)
Oceana's headline earnings per share for the six months ending 31 March 2006 are expected to be between 5% and 15% higher than the comparative figures for the six months ended 31 March 2005. An improved contribution is expected from the horse mackerel and lobster businesses, offset by a lower contribution from the canned fish and fish meal operations which are being affected by poor fishing conditions. Earnings per share are expected to be between 60% and 80% higher than those for the six months ended 31 March 2005, mainly as a result of the non recurrence in 2006 of the significant restructuring and closure costs of the Namibian hake operations which adversely affected the 2005 results. Shareholders are also advised that this increase does not necessarily give an indication of earnings for the full year to 30 September 2006. Factors such as fishing seasonality and the fluctuation in exchange rates affect profitability.
07 Feb 2006 13:22:25
(Official Notice)
Oceana has announced the death of executive director Themba Langeni, which occurred on the evening of 06 February.
19 Dec 2005 12:11:36
(Official Notice)
Oceana posted its audited annual financial statements for the financial year ended 30 September 2005 on 15 December 2005. Oceana is not required to publish an abridged report at this date because the financial information published on 09 November 2005 is unchanged. The annual general meeting of Oceana shareholders will be held at Metropolitan Centre, 7 Coen Steytler Avenue, Cape Town, 8001 on Thursday, 09 February 2006 at 14:00.
09 Nov 2005 15:02:24
(C)
Headline earnings per share for the year ended 30 September 2005 decreased by 24% to 109c (143.8c), mainly due to difficult fishing conditions in most industry sectors, competitive market conditions, the strong rand and the costs of closure of the Namibian hake operations. Group turnover increased by 4% to R2 576.5 million (R2 487.5 million) whilst operating profit before abnormal items declined by 16% to R185 million (R221.4 million). Net cash balances increased by R166 million over the previous year end balances mainly as a result of the reduction in inventories and the sale of TRT Shipping Services. An unchanged final dividend of 59.0cps has been declared, which together with the interim dividend of 15.0cps, brings the total dividend for the year to 74.0cps (76.5cps).



Prospects

The board expects an increase in headline earnings per share for the year ahead subject to a satisfactory outcome to long term fishing rights.





01 Sep 2005 18:06:01
(Official Notice)
Shareholders are advised that headline earnings per share for the year ended 30 September 2005 are expected to be between 20% and 30% lower than the previous year. Earnings per share for the year ended 30 September 2005 are expected to be between 30% and 40% lower than in the previous year.
11 Jul 2000 00:00:00
(Permanent)
Changed name from Oceana Fishing Group Ltd on 10 Jul 00.
09-Dec-2016
(X)
Oceana Group was incorporated in 1918. The group consists of a number of operating subsidiaries in the fishing and commercial cold storage industries. The key divisions within the group are Lucky Star and Daybrook Fisheries; Blue Continent Products; Oceana Lobster and Squid; and CCS Logistics.



Oceana is the largest fishing company in South Africa, and an important participant in the fishing industries in Namibia, Angola and the US.



Oceana's shares are listed on the securities exchanges operated by JSE Ltd. (the JSE) and the Namibian Stock Exchange (NSX). The group's principal shareholders are Tiger Brands Ltd., Brimstone Investment Corporation Ltd. and the Oceana Empowerment Trust, which is Oceana's black employee share trust.



Oceana's core business is the catching, processing, marketing and distribution of pilchard, fishmeal, fish oil, lobster, horse mackerel, squid and hake. The group is an industry leader in canned pilchard, horse mackerel and lobster. Oceana's products are exported and consumed domestically.



Oceana provides an extensive network of commercial cold storage facilities in South Africa, Namibia and Angola.



In South Africa, Oceana's processing facilities are located in St Helena Bay, Cape Town, Hout Bay, Port Elizabeth, Walvis Bay in Namibia, Luanda in Angola and New Orleans in the US. Oceana's cold storage operations are based in Cape Town, Durban, Johannesburg, Walvis Bay and Luanda.



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