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20-Sep-2018
(C)
19-Sep-2018
(Official Notice)
Further to the trading statement released on SENS on 15 August 2018, a review of the financial results for the year ended 31 December 2017 by management has indicated that:

* the loss per share is expected to be (7.90) cents (and not (6.57) cents as previously stated), reflecting a decline of 71% compared to the loss per share of (4.61) cents for the year ended 31 December 2016; and

* the headline loss per share is expected to be (7.53) cents (and not (6.20) cents as previously stated), reflecting a decline of 68% compared to the headline loss per share of (4.48) cents for the year ended 31 December 2016.



The company included a profit forecast in its prospectus, which was issued on 9 March 2017 ahead of its listing on the JSE on 31 March 2017 wherein a loss per share and headline loss per share of (1.30) cents and (0.87) cents was forecast.



Shareholders are advised that the loss per share and headline loss per share for the period ended 31 December 2016 was for a period of 10 months. PL Group was granted a listing on the Alternative Stock Exchange (?AltX?) of the JSE with effect from 31 March 2017. During 2016, the company changed its financial year end from February to December.



The company?s financial results are expected to be released on SENS on or about 20 September 2018.
27-Aug-2018
(Official Notice)
Shareholders are referred to the announcement dated 24 April 2018 regarding the extension of time for the posting of the circular relating to the acquisition of the property known as Pembury Sandton (?the Circular?).



Due to the delay in the publication of the Company?s results for the year ended 31 December 2017 (?the Results?), an update in respect of which was announced on 6 July 2018, the time period in which the Circular had to be resubmitted to the JSE for approval has lapsed. In addition, certain conditions precedent were not met within the prescribed timeframes and the parties have verbally agreed to extend the dates for the completion of these conditions precedent (?Conditions Precedent Dates?), but this needs to be reduced to writing.



The Company will revive the submission of the Circular to the JSE as soon as the results have been finalised and the Company has extended the conditions precedent dates.



A further announcement regarding the acquisition and posting date of the Circular will be made in due course. Accordingly, shareholders are advised to exercise caution until a further announcement is made.
15-Aug-2018
(Official Notice)
The Company included a profit forecast in its prospectus, which was issued on 9 March 2017 ahead of its listing on the JSE on 31 March 2017 wherein a loss per share and headline loss per share of (1.30) cents and (0.87) cents was forecast. Shareholders are advised as follows:

*the loss per share is (6.57) cents per share for the financial year ended 31 December 2017, which represents a decline of 42.5% compared to the prior year?s loss per share of (4.61) cents and more than 100% compared to the forecast loss per share of (1.3) cents; and

*the headline loss per share is (6.20) cents per share for the financial year ended 31 December 2017, which represents a decline of 38.4% compared to the prior year?s headline loss per share of (4.48) cents and more than 100% compared to the forecast headline loss per share of (0.87) cents.



Shareholders are advised that the earnings per share and headline earnings per share for the period ended 31 December 2016 was for a period of 10 months. PL Group was granted a listing on the Alternative Stock Exchange (?AltX?) of the JSE with effect from 31 March 2017. During 2016, the Company changed its financial year end from February to December.



Shareholders are also advised that the net asset value per share increased to 47.09 cents from 8.42 cents and the tangible net asset value per share increased to 38.47 cents from 6.75 cents. This increase arises primarily from the revaluation of properties acquired during the year to fair value net of deferred taxation, which is recorded in Other Comprehensive Income.



The financial information on which this trading statement is based has not been reviewed by the company?s auditors. The audit committee and board will be meeting on 21 August 2018 to consider and approve the audited annual financial statements, results announcement for publication on SENS and the Annual Report, which will be finalised and posted to shareholders before the end of August 2018.
08-Aug-2018
(Official Notice)
The board of directors (?the Board?) of PL Group announces the appointment of Mr Sheldon Nielson to the board as the chief operations officer of the Company with immediate effect.
06-Jul-2018
(Official Notice)
Shareholders are referred to the announcement issued on 2 May 2018 advising that as a result of technical IFRS and other key matters, there would be a delay in the finalisation of the audit and publication of the results announcement for the year ended 31 December 2017.



In addition to the acquisition issues previously mentioned, the company also experienced poor accounting and controls during the second half of the year (primarily due to the appointment of a finance person who did not perform and who is no longer with the Company), which have subsequently been addressed. However, this only came to the attention of the audit and risk committee (?ARC?) and board meetings during March 2018 and the extent of the additional work and auditing required was not anticipated at the time. This necessitated additional resources and time to correct the information, which also required additional audit procedures. Regular meetings have been held by the ARC and board during this period to actively address and monitor the situation. Measures have been put in place to avoid a repeat of this situation going forward.



The audit is now substantially complete with the final IFRS and quality control reviews of the annual financial statements taking place next week, with ARC and board meetings set for the week thereafter to approve the results announcement, the annual financial statements and the annual report.



Application will be made to the JSE to lift the suspension of trade in the Company?s securities once the annual report has been printed and posted to shareholders, which will be completed before the end of July 2018.
09-May-2018
(Official Notice)
The JSE wishes to advise that the above mentioned company has failed to comply with the JSE's Listings Requirements by not submitting its provisional financial statements within the three-month period stipulated in the Listings Requirements. The listing of this company?s securities has therefore been suspended with immediate effect.
02-May-2018
(Official Notice)
Shareholders are referred to the announcement issued on 10 April 2018 advising that as a result of an IFRS matter relating to one of the acquisitions (the retirement villages) during the year under review, the finalisation of the audit and publication of the results announcement would be delayed towards the end of April. The specific IFRS matter related to the fair value issue price for the acquisition, the purchase price allocation, consideration of accounting for usufructs in relation to life rights on the retirement segment and obtaining a legal opinion. Other key matters are also being addressed. Whilst substantial progress has been made, the company will only be in a position to publish its results and finalise the Annual Report during May 2018. A trading statement is expected to be published on or before 15 May 2018, with the results announcement soon thereafter.
24-Apr-2018
(Official Notice)
Shareholders are referred to the announcement released on SENS on 21 February 2018 and the announcement relating to the delay in the publication of the Company?s results dated 10 April 2018.



Shareholders are advised that the JSE has granted an extension of time for the posting of the circular to shareholders in relation to the acquisition of the property known as Pembury Sandton, for R159 million.



The Company is in the process of finalising its results for the year ended 31 December 2017 and the pro forma effects that will be included in the circular will be based on these audited numbers.



Accordingly, the posting of the circular will be on or about 21 May 2018.
17-Apr-2018
(Official Notice)
The Johannesburg Stock Exchange (?JSE?) wishes to advise that Pembury and Trencor have failed to submit their provisional reports within the three-month period stipulated in the JSE's Listings Requirements.



The JSE takes note of Pallinghurst?s results published today. The JSE wishes to confirm that in order for a company to comply with the Listings Requirements, in respect of the publication of provisional financial statements, the company (i) must publish results timeously and (ii) it must be audited/ reviewed by a JSE accredited auditor. The JSE wishes to draw attention to shareholders that although Pallinghurst has published its results today, the appointed auditor is not accredited with the JSE. The JSE will therefore only be in a position to verify Pallinghurst?s compliance with this requirement once the results are signed off by a JSE accredited auditor.



Accordingly, all of the above companies? listings on the JSE trading system have been annotated with an "RE" to indicate that they have failed to submit their provisional reports timeously or in the prescribed manner and that the listing of these companies? securities is under threat of suspension and possible removal.



If the abovementioned companies? still fail to submit their provisional reports in the prescribed manner on or before 30 April 2018, then their listings will be suspended. This announcement has been placed by the JSE in the interest of shareholders.

10-Apr-2018
(Official Notice)
Shareholders are advised that as a result of a recently identified technical IFRS matter relating to one of the acquisitions during the year under review, the board has decided to fully interrogate the accounting treatment before publishing its audited results for the year ended 31 December 2017 due to the IFRS treatment potentially having a material impact on the results of the group, including the disclosure of acquisition information. The Company expects to finalise its audited results before the end of April 2018.



27-Feb-2018
(Official Notice)
Acquisition of property located in Sandton

Further to the announcement dated 21 February 2018 (?First Announcement?), shareholders are advised that the sole shareholder of Zephan Properties Proprietary Limited, being the Seller of the Property, as defined in the First Announcement, is the N. Georgiou Trust, a trust associated with Mr Nicolas Georgiou and an unrelated party to the Company.



As stated in the First Announcement, the Seller is not yet the registered owner of the Property, which is a material condition precedent of the transaction. However, the Seller has provided the Company with written confirmation from its attorney that the transfer of the Property to the Seller is in process and that the Property is unencumbered. The third party who currently owns the Property is South Central Manufacturer Proprietary Limited.



Shareholders are further advised that the correct description of the Property, as referred in paragraph 5 of the First Announcement, is the remaining extent of Erf 22 Sandown and Erf 23 Sandown. As previously announced, the acquisition of the Property is a Category 1 transaction and will require shareholder approval. A summary circular, incorporating revised listing particulars, will be circulated to shareholders within the timeframes stipulated in the JSE Listings Requirements.



Acquisition of Pinetown Nursing and Home for the Aged (?Pinetown Acquisition?)

Further to the announcements dated 22 January 2018 and 23 February 2018, shareholders are advised that the Company has not yet received the Annual Financial Statements for the year ended 28 February 2017 in respect of the Pinetown Acquisition. The balance of the financial information will be published in due course. However, this information is not considered to materially affect shareholder decisions due to the financial information that has already been provided and published.



Withdrawal of cautionary announcement

The Company is not in any other negotiations and all material terms and material financial information has now been announced. Accordingly, the cautionary announcement is now withdrawn.
23-Feb-2018
(Official Notice)
Further to the announcement dated 2 February 2018, shareholders are advised that the 100% member of Finch Haven Retirement CC (?Finch Haven?) is Mr Nicolas Georgiou. The property is being acquired from Finch Haven as previously announced.



Pinetown Nursing and Home for the Aged CC (?Pinetown?) ? Financial information

Further to the announcement dated 22 January 2018, shareholders are advised that the Company has received some of the financial information relating to Pinetown:



The net profit after tax and net asset value as extracted from the unaudited Management Accounts dated 31 August 2017 are set out below:

Rands

Net profit before tax - 569 098

Net asset value - 2 634 630



The net profit after tax and net asset value as extracted from the Annual Financial Statements for the year ended 29 February 2016 are set out below:

Rands

Net loss for the year - (115 257)

Net asset value - 625 505



The above figures have been extracted from the Practitioner?s Compilation Report. The Annual Financial Statements were prepared in accordance with IFRS for Small and Medium-sized Entities.



Shareholders are advised that the Company has not yet received the Annual Financial Statements for the year ended 28 February 2017. The balance of the financial information will be published in due course.
21-Feb-2018
(Official Notice)
02-Feb-2018
(Official Notice)
22-Jan-2018
(Official Notice)
PL Group shareholders are referred to the announcement published on 30 November 2017 wherein they were advised that PL Group, has, through its wholly-owned subsidiaries, PLG Retirement Villages (Pty) Ltd. (?Business Purchaser?) and PLG Properties (Pty) Ltd. (?Property Purchaser?) entered into two separate agreements for the acquisition of the business (?Business?) and the property ("Property?) on which a retirement village and nursing home are located, for R3 000 000 and R33 000 000 respectively.



Following the publication of the aforementioned announcement, the separate agreements relating to the sale of the Business and the Property were amended by way of separate addenda to include a per share price used to determine the number of shares to be issued in partial settlement of the consideration to be paid for the Business and the Property. Accordingly, the consideration for both the Business and Property will be settled as set out below:



The Business

- R1 000 000 will be settled in cash by way of a bank loan; and

- R2 000 000 will be settled through the issue of 4 761 905 PL Group ordinary shares at an issue price of 42 cents per share.



The Property

- R19 000 000 will be settled in cash against the registration of the property in PLG Properties? name, which payment shall be secured by way of a bank loan; and

- R14 000 000 will be settled through the issue of 33 333 334 PL Group ordinary shares at an issue price of 42 cents per share.



Conditions precedent

The Acquisition remains subject to conditions precedent as previously announced.
18-Jan-2018
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement dated 30 November 2017 and are advised that negotiations relating to potential acquisitions of additional retirement assets remain on-going and financial information of the business of Pinetown Nursing and Home for the Aged CC as announced in the aforementioned announcement remains outstanding.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.





30-Nov-2017
(Official Notice)
PL Group shareholders are referred to the announcement published on 22 November 2017 wherein they were advised that PL Group, has, through its wholly-owned subsidiaries, PLG Retirement Villages (Pty) Ltd (?Business Purchaser?) and PLG Properties (Pty) Ltd (?Property Purchaser?) entered into two separate agreements for the acquisition of the business (?Business?) and the property ("Property?) on which a retirement village and nursing home are located, for a combined consideration of R36 000 000. Following the publication of the aforementioned announcement, shareholders are provided with the details of the Property and Business Vendors and the Property specific information below.



Details of Business and Property vendors

The Property will be acquired from JVC Properties CC (Registration No: 1994/42342/23) for a total consideration of R33 000 0000. The Business will be acquired from Pinetown Nursing and Home for the Aged CC, (registration number C.K.94/42352/23) for a total consideration of R3 000 000.



Financial Information

The Company has calculated an estimated value of the Property at approximately R33 000 000, being the purchase consideration. The net asset value and the profit attributable to the Business are not ready for publication as at the date of this announcement and will be published in due course.



Update on categorisation information

In the announcement dated 22 November 2017 the acquisition was categorised as a Category 2 transaction in accordance with JSE Listings Requirements. However, due to the number of shares to be issued not being known until such time as the property is transferred, shareholders are advised that the final categorisation will only be determined in the future. In the event that the categorisation level changes to a Category 1 transaction, shareholder approval will be required. A further announcement will be made at this point in time.



Renewal of cautionary announcement

Shareholders are referred to the renewal of cautionary announcement dated 22 November 2017 and are advised that negotiations relating to potential acquisitions of additional retirement assets remain on-going and financial information of the Business as mentioned in paragraph 4 above remains outstanding. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company?s securities both as a result of the cautionary announcement.
22-Nov-2017
(Official Notice)
30-Oct-2017
(Official Notice)
PL Group shareholders are advised that the PLG Properties, a subsidiary of PL Group, has entered into an agreement with Kopf Electronics CC (?Seller?) to acquire a property in Bryanston, for a total consideration of R40 000 000 (?the Acquisition? or ?Property?). Shareholders are reminded that, as announced on 16 May 2017, PL Group acquired the business of Pembury Retirement Lodges through PLG Retirement Villages (Pty) Ltd., with effect from 1 July 2017. The Property is one of the original Pembury Retirement Lodges and has been leased from the Seller for the past 18 years.



Terms of the Acquisition

The consideration of R40 000 000 per the agreement is payable to the Seller against the registration of transfer of the property as follows:

- R24 000 000 in cash or an acceptable bank guarantee payable on registration of the property; and

- The balance will be payable by the issuing 26 666 666 PL Group shares at R0.60 per share.



Conditions precedent

The Acquisition is subject to:

- The obtaining of a bank approved loan to the value of R24 000 000 by PL Group within 180 days of signature of the Acquisition agreement by all parties; and

- The approval by the Board of directors of PL Group.



Renewal of cautionary announcement

Shareholders are referred to the cautionary announcement dated 25 October 2017 and are advised that negotiations relating to potential acquisitions of additional retirement assets are still on-going. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company?s securities.
25-Oct-2017
(Official Notice)
Shareholders are advised that the Company has entered into negotiations relating to potential acquisitions of additional retirement assets which, if successfully concluded, may have a material effect on the price of the Company?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a full announcement is made.
12-Sep-2017
(Official Notice)
The board of directors of PLG announces that PLG Summercrest Academy will be the fifth campus to be opened in January 2018 in Germiston following the securing of another property by PL Group with effect from 1 September 2017.



This acquisition exceeds PLG?s planned campus rollout of 3 campuses (9 schools), as detailed in the Company?s prospectus, by 2 campuses. This is in addition to PLG?s existing 7 campuses (19 schools) which are already operating, and thus brings 12 campuses under the PLG Schools banner from January 2018.



This acquisition will further enhance PLG Group?s exposure to the eastern part of Gauteng. The school has capacity for 700 students.

30-Aug-2017
(C)
The company released their maiden interim results following its listing in August 2016. There are no comparatives. Revenue was R28.8 million, operating loss came to R3.2 million and loss for the six months was recorded at 2.2 million. Furthermore, headline loss per share was 0.81 cents per share.



Dividend

The Company has not historically declared interim and final dividends and does not have a formal dividend policy as at the date of this report.



24-Aug-2017
(Official Notice)
PL Group was granted a listing on the Alternative Exchange of the JSE with effect from 31 March 2017. During 2016, the Company changed its financial year end from February to December. The results for the previous corresponding period, being the six months ended 31 August 2016, were contained in the Company?s prospectus issued on 9 March 2017.



Shareholders are advised that the loss and headline loss per share for the six months ended 30 June 2017 are expected to improve by 32.5% to (0.81) cents based on 274 184 530 weighted average shares in issue for the six months ended 30 June 2017, from (1.20) cents based on 200 000 000 (sub-divided) weighted average shares at 31 August 2016.
17-Aug-2017
(Official Notice)
Shareholders are advised that Pembury Lifestyle Group has entered into an agreement to acquire a property in Modimolle, Limpopo, subject to certain conditions precedent.



This acquisition exceeds the stated intention of acquiring three properties during 2017, to enable the opening of at least three new campuses in 2018. The Company has already secured three schools for 2018, namely PLG Greenhills Academy, based in Randfontein, PLG Carlswald Academy, based in Midrand and PLG Midview Academy, based in Mnandi. This is the fourth property acquisition in 2017.



The new campus will open in January 2018 and will comprise three additional schools, being a Pre Primary School, a Primary School and a High School. The property is 19 hectares in size, with over 4 000m2 suited for further expansion to 1 200 pupils.



Approximately 8 hectares of the property will also be dedicated to the expansion of PL Group?s existing retirement portfolio.



With the addition of the four properties in 2017, the PLG schools division will grow in 2018 from 7 to 11 campuses and 19 to 31 schools, with a future potential capacity of 12 000 students. This growth to 11 campuses in 2018 exceeds the forecast contained in the Company?s Prospectus dated 9 March 2017.



07-Aug-2017
(Official Notice)
PL Group announced the appointment of Mr Njabulo Mthembu (?Njabulo?) as a non- executive director with effect from 7 August 2017 pursuant to his nomination by Black Management Forum Investment Company Ltd. (?BMFI?), as announced on 27 July 2017.
03-Aug-2017
(Official Notice)
Shareholders are advised that the Company?s AGM was held on Thursday, 3 August 2017 and all the resolutions proposed at the AGM were passed by the requisite majority. Details of the results of voting were as follows:

*Total number of shares in issue at the date of the AGM: 343 400 000

*Total number of shares represented at the AGM: 184 064 299

*Total percentage of shares represented at the AGM: 53.60%

27-Jul-2017
(Official Notice)
Shareholders are referred to the respective announcements published on 2 June 2017 and 6 July 2017 regarding the binding share sale and subscription agreement entered into by PL Group and BMFI to acquire a shareholding in PL Group for R55 million. The Board of Directors is pleased to advise shareholders that, following the satisfactory completion of the due diligence process, the transaction has been approved by the board of BMFI. As such, BMFI will acquire 57 000 000 shares by way of:

*an acquisition of 37 000 000 existing shares from property vendors of PL Group at R1.00 per share totalling an acquisition consideration of R37 000 000; and

*the subscription for 20 000 000 new PL Group shares at a subscription price of R0.90 per share, totalling a purchase consideration of R18 000 000.



The Subscription Shares will be issued under the general authority to issue shares for cash. The subscription price of R0.90 per share is at a small premium to the 30-day volume weighted average price on the signature date of the agreement, being 1 June 2017. The resulting inflow of cash will be used to strengthen the Company?s cash flow position, providing it with more funds for property acquisitions and planned capital expenditure activities. The funds will be paid on or before 31 July 2017. The transaction will result in BMFI holding 15.70% of PL Group?s shares in issue.



BMFI will have representation on the board of PL Group and a further announcement will be made in due course.

13-Jul-2017
(Official Notice)
Shareholders are referred to the terms announcement dated 16 May 2017 regarding the Company?s intention to acquire the business relating to six Pembury retirement lodges from entities owned by Andrew McLachlan, a related party to PL Group.



Shareholders are advised that a fairness opinion was compiled by a JSE-approved Independent Expert, BDO Corporate Finance Proprietary Limited and the terms of the acquisition were found to be fair to PL Group shareholders. The Company has also complied with paragraph 10.7(b) of the JSE Listings Requirements as the Independent Expert?s Report was provided to and subsequently approved by the JSE. The Independent Expert?s Report will lie for inspection at the Company?s registered offices for a period of 28 days from the date of this announcement.



Furthermore the due diligence, with particular focus on the transferability, terms and renewal conditions of the leases, has been concluded satisfactorily. The Company will now proceed with the formal agreements to conclude the acquisition with effect from 1 July 2017.



Shareholders are reminded that the acquisition is of the retirement business, including current lease agreements with third parties. The total acquisition consideration is R39 500 000. Of this amount, R7 000 000 will be settled in cash (payable from positive cash flows generated by the group), while the remaining R32 500 000 will be settled through the issue of 32 500 000 ordinary shares at an issue price of R1.00 per share.



The acquisition of Pembury Retirement Lodges, established in 1999, will give shareholders the opportunity to gain access to a combined portfolio of private schooling and retirement assets, servicing two key components of society, being school children and retirees.



The retirement business is also well established, profitable and generates positive cash flows, thereby enhancing the profitability and cash flows of PL Group whilst the schools business goes through the J- Curve. The acquisition will also serve to enhance PL Group?s annuity income as well as provide some upside from income from the resale of life rights.
06-Jul-2017
(Official Notice)
Shareholders are referred to the announcement published on 2 June 2017 regarding the binding share sale and subscription agreement entered into by PL Group and BMFI in terms of which BMFI will acquire between 56 000 000 and 57 000 000 shares by way of acquisition of 37 000 000 existing shares from property vendors of PL Group and the subscription for a minimum of 19 000 000 PL Group shares, up to a maximum of 20 000 000 PL Group shares at a subscription price of R0.90 per share, totalling a minimum purchase consideration of R17 100 000 and a maximum purchase consideration of R18 000 000 (?Subscription Shares?).



Shareholders are further advised that the parties have agreed to extend the agreement to allow the payment date as well as date for all final approvals by the board of directors of the BMFI to be on 31 July 2017 as the due diligence investigation is still being finalised.

30-Jun-2017
(Official Notice)
Shareholders are advised that the Company?s integrated report incorporating the financial statements for the 10 months ended 31 December 2016 was posted to shareholders on Friday, 30 June 2017 and is available on the Company?s website, www.plgschools.co.za. The audited financial statements contain no changes to the audited consolidated financial results for the 10 months ended 31 December 2016, released on the Stock Exchange News Service of the JSE on 18 April 2017. The audit opinion did not contain any qualifications or modifications and is available for inspection at the Company?s registered office.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 10:00 on Thursday, 3 August 2017 at PLG Hartbeespoort Academy, 630 Kubla Khan Drive, Xanadu Eco Park, Hartbeespoort, to transact the business as stated in the notice of annual general meeting forming part of the integrated report.



Record Dates

The Board of Directors of the Company has determined that the record date for the purposes of determining which shareholders of the Company are entitled to receive notice of the annual general meeting is Friday, 23 June 2017. The last day to trade in order to be eligible to vote at the annual general meeting will be Tuesday, 25 July 2017. The record date on which shareholders of the Company must be registered as such in the Company?s securities register in order to attend and vote at the meeting is Friday, 28 July 2017.
22-Jun-2017
(Official Notice)
Shareholders are referred to the announcement released on SENS on 19 June 2017 regarding the sale of 5 000 000 shares by Group CEO Andrew McLachlan at 85 cents.



Further to the above, shareholders are advised that the shares were sold effectively as security for one of the retirement properties and shares will be returned within a year at the same consideration of 85 cents per share.

02-Jun-2017
(Official Notice)
Shareholders are advised that a binding share sale and subscription agreement has been signed between PL Group and BMFI, subject to certain conditions precedent. BMFI is not a related party to PL Group.



In terms of the agreement, BMFI will acquire between 56 000 000 and 57 000 000 shares by way of acquisition of 37 000 000 existing shares from property vendors and the subscription for a minimum of 19 000 000 PL Group shares, up to a maximum of 20 000 000 PL Group shares at a subscription price of R0.90 per share, totalling a minimum purchase consideration of R17 100 000 and a maximum purchase consideration of R18 000 000 (?Subscription Shares").



The Subscription Shares will be issued under the general authority to issue shares for cash. The subscription price of R0.90 per share is at a small premium to the 30-day volume weighted average price at 1 June 2017. The resulting inflow of cash will be used to strengthen the Company?s cash flow position, providing it with more funds for property acquisitions and planned capital expenditure activities.



Ultimately, the transaction will result in BMFI holding approximately 15% of PL Group?s shares in issue. The above transaction remains subject to the fulfilment of certain suspensive conditions, including, among others, the completion of a comprehensive due diligence by BMFI on the Company and board and regulatory approvals, where necessary. A further announcement will be made once the conditions precedent have been met.



BMFI will be entitled to nominate one director to PL Group?s board and will retain such nominee for as long as it holds an equity interest in the Company.
02-Jun-2017
(Official Notice)
Shareholders are advised that Pembury Lifestyle Group has entered into an agreement to acquire a property in Mnandi, Centurion subject to certain conditions precedent and on deferred payment terms. This is a fast growing area with immense high density residential properties.



This Acquisition is in line with the stated intention of acquiring three properties during 2017, to enable the opening of at least three new campuses in 2018. The company has already secured the first two schools for 2018, namely PLG Greenhills Academy, based in Randfontein and PLG Carlswald Academy, based in Midrand. This is the third property acquisition as planned for 2017.



PLG Midview Academy will open in January 2018 and will comprise three additional schools being a Pre Primary School, a Primary School and a High School. Various improvements to the property will commence in August 2017 in preparation for the 2018 intake of pupils. The property is suited for expansion to 2 000 pupils and boarding for 400 pupils over next 4 years. There is a notable lack of schooling in this area, with many families transporting their children long distances to find suitable schooling.



With the addition of the PLG Midview Academy, PLG Carlswald Academy and PLG Randfontein, the PLG schools division will grow in 2018 from 7 to 10 campuses and 19 to 28 schools, with a future potential capacity of 11 000 students. This growth to 10 campuses in 2018 is in line with the forecast contained in the company?s Prospectus dated 9 March 2017.
16-May-2017
(Official Notice)
02-May-2017
(Official Notice)
Shareholders are advised that the Company has entered into negotiations to acquire six Pembury retirement lodges and villages. Pembury Retirement Lodges and Villages comprise five lodges in Gauteng (Melrose, Bryanston, Sandton, Fairland and Magaliesburg) and one lodge in the Western Cape (Plettenberg Bay). These lodges currently offer more than 400 units, with plans to increase this to 700 units in the next 12 months. This is in line with PL Group?s strategy to diversify into the retirement segment, as stated in the Company?s prospectus which was issued on 9 March 2017. Shareholders are accordingly advised to exercise caution when dealing in their shares until a further announcement, detailing the acquisition terms and conditions, is made.

18-Apr-2017
(C)
18-Apr-2017
(Official Notice)
PL Group was granted a listing on the Alternative Stock Exchange (?AltX?) of the JSE with effect from 31 March 2017. During 2016, the company changed its financial year end from February to December. The results for the previous corresponding period, being the year ended 29 February 2016, were contained in the company?s prospectus issued on 9 March 2017. This represented the company?s first year of operations.



Shareholders are advised as follows:

? the loss per share is (4.61) cents per share for the 10 months ended 31 December 2016, which is 68% lower than the prior year?s loss per share of (2.75) cents; and

? the headline loss per share is (4.48) cents per share for the 10 months ended 31 December 2016, which is 63% lower than the prior year?s headline loss per share of (2.75) cents per share.



Shareholders are also advised that other comprehensive income for the period amounting to R14.6 million, net of taxation, arose as a result of the revaluation of the Hartbeespoort property. This resulted in a positive total comprehensive profit, also changing the net asset value from a net liability position to positive. However, the other comprehensive income does not flow through to the loss per share and headline loss per share.
11-Apr-2017
(Official Notice)
Shareholders are advised that PL Group, the Johannesburg Stock Exchange?s third listed schools group, has acquired a property in Carlswald, Midrand.



This acquisition is in line with the stated intention of acquiring three properties during 2017, to enable the opening of at least three new campuses in 2018. The Company has already secured the first school for 2018, namely PLG Greenhills Academy, based in Randfontein and this is the second property acquisition as planned for 2017.



The PLG Carlswald Academy will be open in 2018 and will comprise three additional schools being a Pre Primary School, a Primary School and a High School. The property will be expanded over time to a capacity of 1 200 students from grade 000 to Grade 12.



With the addition of the PLG Carlswald Academy, and including PLG Randfontein, the PLG schools division will grow in 2018 from 7 to 9 campuses and 19 to 25 schools, with a future potential capacity of 9 000 students.
12-Sep-2017
(X)
Pembury Lifestyle Group is the holding company for businesses that offer specialised lifestyle services that contribute positively and sustainably to the development of South Africa. These businesses include PLG Schools (Pty) Ltd., which offers affordable quality private education and Pembury Retirement Villages (Pty) Ltd., which offers retirees lifestyle and accommodation services that contribute to good quality of life in mature adulthood. PLG Properties (Pty) Ltd., the third leg of the group, acquires and maintains the properties and lease the properties to the rest of the group.



PLG Schools bridges the financial gap between government school fees and the ?elite? independent school fees, bringing the benefits of private education to many more families. The vision of PLG Schools is to make quality independent education accessible and affordable to communities across the country. PLG Schools offers a co-educational learning environment from pre-primary to matric with English as the medium of instruction.



Pembury Retirement Lodges offer diverse accommodation options with access to care-giving, nursing and hospitality services, bringing peace of mind to retirees and their families. The vision of Pembury Retirement Lodges is to make quality care, services and accommodation accessible to our growing aging population and to ensure that a Pembury retirement home is just like home, only much easier. Pembury retirement lodges offer fully serviced suites, assisted living, frail care and dementia care.







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