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26-Sep-2018
(Official Notice)
06-Sep-2018
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 6 September 2018 (in terms of the notice dispatched on 31 July 2018) all the resolutions tabled thereat were passed by the requisite majority of Peregrine shareholders, with the exception of ordinary resolution 9 in respect of a general authority to issue shares for cash which was withdrawn at the commencement of the meeting and the non-binding advisory votes on Peregrine's remuneration policy and remuneration implementation report which were voted against by more than 25% of votes exercised at the meeting.



Details of the results of voting at the annual general meeting are as follows:

*total number of Peregrine shares in issue as at the date of the annual general meeting: 226 065 696

*total number of Peregrine shares that were present/represented at the annual general meeting: 163 813 895 being 72.46% of the total number of Peregrine shares that could have been voted at the annual general meeting.



In respect of the non-binding advisory votes on the endorsement of the remuneration policy and the endorsement of the remuneration implementation report, Peregrine has already commenced an engagement process with the dissenting shareholders to ascertain their concerns on both the remuneration policy and remuneration implementation report and will continue to do so.



Peregrine extends an invitation to all shareholders, who have not yet engaged with the company and who have concerns on the remuneration policy and/or the remuneration implementation report, to address their concerns to the Chairman of the Remuneration Committee, Mr Clive Beaver at clivebeaver@telkomsa.net by 14 September 2018. Peregrine will consider all concerns and take steps to address legitimate and reasonable objections and concerns.



Peregrine will keep shareholders informed of the progress made in this regard.
13-Aug-2018
(Official Notice)
The company has been informed that there may be market speculation regarding a possible transaction that may entail an offer to its shareholders. This announcement is intended to provide shareholders with clarity regarding any such market speculation.



From time to time, the company is approached by or has discussions with third parties expressing interest in a corporate transaction with Peregrine or any of its major subsidiaries. The company will then maintain confidentiality for a limited period of time and will provide information to shareholders only if and when a firm intention to make an offer to Peregrine or its shareholders becomes sufficiently certain. In circumstances where the board of directors considers that there is sufficient certainty of an offer, that the necessary degree of confidentiality of any price sensitive information cannot be maintained or that such confidentiality has or may have been breached, the company will advise its shareholders to exercise caution.



If the company were to receive notice of a firm intention to make an offer to its shareholders, it would announce the details without delay.



At present, the company has no reason to advise shareholders to exercise caution when trading in Peregrine securities.
31-Jul-2018
(Official Notice)
Shareholders are advised that a publication containing the summarised consolidated results of the Company for the year ended 31 March 2018 and the notice of annual general meeting, has been dispatched. The Company's integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2018 (on which the auditors expressed an unmodified opinion), is available on the company's website ? https://www.peregrine.co.za/Report/2018 and contains no changes from the reviewed provisional annual financial statements for the year ended 31 March 2018 which were released on SENS on 13 June 2018.



The annual general meeting will be held at 10h00 on Thursday, 6 September 2018 in the main boardroom, 4th floor, 6A Sandown Valley Crescent, Sandown, Sandton. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 28 August 2018 and the record date for voting purposes is Friday, 31 August 2018.



Shareholders are further notified that in accordance with the JSE Listings Requirements, the Company's annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, is available on the Company?s website ? https://www.peregrine.co.za/Content/Transformation.
30-Jul-2018
(Official Notice)
Shareholders were advised that Boitumelo ("Tumi") Tlhabanelo has been appointed as an independent non- executive director of Peregrine, with effect from 1 August 2018.
13-Jun-2018
(Official Notice)
13-Jun-2018
(C)
06-Jun-2018
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded, may have a material effect on the price at which Peregrine shares trade. Accordingly, shareholders are advised to exercise caution when dealing in the company's shares until a further announcement is made.
19-Apr-2018
(Official Notice)
Pursuant to the announcement released on SENS on 16 November 2017 (in which shareholders were advised that the board had commenced the process to appoint a CFO), shareholders are hereby advised that Ms. Claire Coward (34) has been appointed as the CFO of the Peregrine group and executive director of Peregrine, which appointment will be effective from 1 June 2018.
05-Apr-2018
(Official Notice)
To ensure that there is equal dissemination of information relating to the Company, the Company considers it appropriate that guidance communicated by management to certain investment analysts be communicated to the market in terms of this announcement.



Management of the Company communicated that, whilst actual audited results of the Company may differ as a result of a number of varied factors, management indicated that normalised headline earnings per share for the twelve months ended 31 March 2018 were forecast to be between 240 cps and 245 cps of which between 210 cps and 215 cps relate to the operating segments of the Group with the balance of 30 cps being attributable to the non-operating assets which were transferred to Sandown Capital Limited, the shares in which were unbundled to Peregrine?s shareholders with effect from 2 October 2017.



The management?s guidance has not been reviewed or reported on by the Company?s board or its auditors.

30-Nov-2017
(Official Notice)
16-Nov-2017
(C)
Total revenue for the interim period decreased by 6% to R1.220 billion (2016: R1.302 billion), profit from operations fell 6% to R368.3 million (2016: R392.2 million), profit for the period attributable to equity holders of the company came in 2% lower at R261.2 million (2016: R267.6 million), while headline earnings per ordinary share grew by 3% to 122 cents per share (2016: 118.5 cents per share).



Conclusion

In continuing difficult and challenging market conditions, Peregrine has again managed to deliver a set of results which has capitalised on its strong base of profitable, cash generative operating businesses. Annuity income continues to grow strongly, in addition to which the growth in performance fees and prospective performance fees has also been very pleasing. The Group continues to focus on growing its businesses organically and through acquisition and driving cross business revenue synergies, and remains well positioned to capitalise on further growth opportunities. In addition, further measures are being put in place to ensure that all the group entities, particularly Peregrine Securities, are optimally capitalised to take advantage of the ever changing environment.



With the unpredictable nature of the returns of the Group's proprietary investments no longer introducing unnecessary volatility into the company's earnings (with these interim results and the results for the year ending 31 March 2018 being the last sets of results which will include returns on proprietary investments), the Group believes that the predominantly higher quality, diversified operating annuity earnings streams will result in the ability of the Group to adopt a substantially higher dividend payout ratio and ultimately maximise shareholder value over time.



Directorate

Jonathan Hertz, the previous Group CEO, stepped down on 31 July 2017 and, with effect from 1 August 2017, Robert Katz was appointed as the interim CEO following the dispensation obtained from the JSE in respect of this interim CEO appointment.



With effect from 15 November 2017, Robert Katz has been appointed as the permanent CEO and the board has commenced the process to appoint a CFO. Until such appointment is made (the intention to make such appointment by no later than 31 March 2018), Robert Katz will act as both CEO and CFO.
14-Nov-2017
(Official Notice)
05-Oct-2017
(Official Notice)
The Board of Peregrine announces that the shares of Peregrine have been approved for inclusion in the list of qualifying equity securities to be traded on A2X with effect from 6 October 2017 (the ?A2X listing date?).



Peregrine will retain its primary listing on the JSE and its issued share capital will be unaffected by its secondary listing on A2X. Peregrine shares will be available to be traded on both the JSE and A2X from the A2X listing date.



Peregrine is excited to be one of the first companies listed on A2X when it opens its market for trading.



A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the Financial Services Board in terms of the Financial Markets Act 19 of 2012.





07-Sep-2017
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on 7 September 2017 (in terms of the notice of annual general meeting dispatched on 7 August 2017), all of the resolutions tabled thereat were passed by the requisite majority of Peregrine shareholders.



Details of the results of voting at the annual general meeting are as follows:

*total number of Peregrine shares that could have been voted at the annual general meeting: 226 065 696

*total number of Peregrine shares that were present/represented at the annual general meeting: 160 322 699, being 71% of total number of Peregrine shares that could have been voted at the annual general meeting.



Shareholders are further advised that in accordance with the JSE Listings Requirements, an updated annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been submitted to the BEE Commission and is available on the Company?s website ? www.peregrine.co.za (under the Transformation section).
07-Aug-2017
(Official Notice)
Shareholders are advised that a publication containing the summarised consolidated results of the Company for the year ended 31 March 2017 and the detailed notice of annual general meeting, was dispatched on Monday, 7 August 2017. The Company?s integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2017, is available on the company?s website ? www.peregrine.co.za and contains no changes from the reviewed annual financial statements which were released on SENS on 14 June 2017.



The annual general meeting will be held at 10h00 on Thursday, 7 September 2017 in the main boardroom, 4th floor, 6A Sandown Valley Crescent, Sandown, Sandton.



The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 29 August 2017 and the record date for voting purposes is Friday, 1 September 2017.



Shareholders are hereby notified that in accordance with the JSE Listings Requirements, the Company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, is included in the integrated annual report and is also available on the Company?s website ? www.peregrine.co.za.

14-Jun-2017
(C)
Total revenue for the year dipped 10% to R2.5 billion (R2.7 billion) and profit from operations tumbled by 22% to R670.6 million (R854.9 million). Profit for the year attributable to equity holders took a 15% knock to R501.9 million (R592.7 million). In addition, headline earnings per share decreased by 17% to 230.0 cents per share (275.8 cents per share).



Dividend

The directors have resolved to declare an ordinary cash dividend of 155 cents per share for the year ended 31 March 2017, which is unchanged from last year's ordinary dividend of 155 cents per share.



Directorate

While there were no changes to the board during the year under review, shareholders were notified, in terms of a SENS announcement published on 22 September 2016, that Jonathan Hertz, the Group CEO, had advised the board of his intention to step down with effect from 30 June 2017.



The board has run a search process resulting in a short-list of potential candidates from which an appointment could be made, however, as a result of the proposed restructure and unbundling referred to above:

* the board has decided to delay the appointment of the new CEO until there is certainty regarding the restructure. In the interim, it has been agreed that Jonathan Hertz will remain in office until 31 July 2017;

* the board has, with effect from 1 August 2017, appointed Robert Katz as the interim CEO with the appointment of a permanent CEO to be made following certainty being reached on the proposed restructure. Dispensation has been obtained from the JSE for Robert Katz to continue in his role as CFO during this interim period.
02-Dec-2016
(Official Notice)
Shareholders are advised that on 1 December 2016, Pauline Goetsch, a director of Peregrine, transferred 2 965 830 ordinary shares to an associate, The Amber Trust of which she is a beneficiary, at a price of R27.29 per share (for a total value of R 80 937 500.70) thus changing the nature of her interest in respect of the 2 965 830 shares from direct beneficial to indirect beneficial. The transaction was conducted off-market and clearance to deal was received.

17-Nov-2016
(C)
Total revenue for the interim period rose to R1.3 billion (R1.2 billion). Profit from operations increased to R392.2 million (R313.5 million). Profit for the period attributable to equity holders jumped to R267.6 million (R239.9 million). In addition, headline earnings per share grew to 118.5cps (112.5cps).



Outlook

The Group continued to build on its strategy of delivering higher quality, diversified earnings during the six month period ended 30 September 2016. There was growth in earnings from all the operating businesses namely Citadel, Peregrine Capital, Peregrine Securities, Stenham and Java Capital, resulting in a significantly improved Group operating performance. Higher returns from proprietary investments within the hedge funds were however offset by a decrease in the value of proprietary listed investments. Annuity earnings grew across all business segments and account for an increasing majority of Group earnings with the contribution from offshore continuing to play a meaningful role in diversifying Group income.

30-Sep-2016
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on 30 September 2016 (in terms of the notice of annual general meeting dated 26 August 2016), all of the resolutions tabled thereat were passed by the requisite majority of Peregrine shareholders, other than ordinary resolution 4 which was withdrawn at the annual general meeting following the company?s decision to appoint Deloitte as independent auditors of the company, with Lito Nunes as the designated audit partner, in place of KPMG Inc. with effect from 1 October 2016.



Details of the results of voting at the annual general meeting are as follows:

*total number of Peregrine shares that could have been voted at the annual general meeting: 226 065 696

*total number of Peregrine shares that were present/represented at the annual general meeting: 179 584 508 being 79% of total number of Peregrine shares that could have been voted at the annual general meeting.

22-Sep-2016
(Official Notice)
The company advised that Jonathan Hertz (?Jonathan?), the group CEO, has advised the board of his intention to step down with effect from 30 June 2017.



Jonathan, whose association with the Peregrine group started in August 2000, assumed the position of group CEO on 1 April 2013. Whilst he will be resigning from the board of Peregrine, Jonathan will retain a relationship with the group, with particular focus on several of its international operations.



The board will now embark on a formal process to identify and appoint a successor, the intention being for such appointment to be made within the current financial year so as to provide for a transition period of several months and to ensure a smooth and efficient handover.
26-Aug-2016
(Official Notice)
Shareholders are advised that Peregrine?s integrated annual report, incorporating the audited financial statements for the year ended 31 March 2016, was dispatched today, Friday, 26 August 2016 and contains no changes to the reviewed provisional results which were announced on SENS on Wednesday, 8 June 2016. The auditors? unmodified audit report is available for inspection at the company?s registered office.



The integrated annual report contains a notice of annual general meeting, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, at 10h00 on Friday, 30 September 2016. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 20 September 2016 and the record date for voting purposes is Friday, 23 September 2016. The integrated annual report is also available on the company?s website - www.peregrine.co.za
30-Jun-2016
(Official Notice)
Shareholders are referred to the salient dates in respect of the cash dividend announced in the reviewed condensed consolidated provisional results for the year ended 31 March 2016, released on SENS on 8 June 2016 and are advised that, due to Wednesday, 3 August 2016 having been declared a public holiday, the salient dates have been amended as follows:

* Last date to trade cum dividend : Monday, 1 August 2016

* Trading ex dividend commences : Tuesday, 2 August 2016

* Record date : Friday, 5 August 2016

* Payment date : Monday, 8 August 2016



Shares certificates may not be dematerialised or rematerialised between Tuesday, 2 August 2016 and Friday, 5 August 2016.
08-Jun-2016
(C)
Operating revenue remained unchanged at R2.4 billion (R2.4 billion). Profit from operations went up to R854.9 million (R851.9 million). Profit attributable to equity holders declined to R592.7 million (R677.0 million). In addition, headline earnings per share increased to 275.8 cents per share (270.9 cents per share).



Dividend

The directors have resolved to declare an ordinary cash dividend of 155 cents per share for the year ended 31 March 2016. This represents growth of 3.33% over last year's ordinary dividend of 150 cents per share.
13-Jan-2016
(Official Notice)
Shareholders are advised that Citadel Holdings (Pty) Ltd., a wholly-owned subsidiary of Peregrine SA Holdings (Pty) Ltd., has, with effect from 1 January 2016, purchased the entire issued share capital of and claims by way of loan account against Consolidated Financial Planning (Pty) Ltd. (?Consolidated?) from the shareholders of Consolidated, being Betty - Dickson Holdings (Pty) Ltd., The Professional Provident Society Insurance Company Ltd. and management.



Consolidated is an authorised financial planning and advisory business that provides professional and independent advice to both private clients and corporates. As at 30 November 2015, Consolidated had R6,5 billion of assets under advice.



Although the transaction falls below the threshold of the categorisation of transactions which require disclosure in terms of the JSE Ltd.?s Listings Requirements, the board of Peregrine Holdings Ltd. nevertheless deems it appropriate to inform shareholders of the transaction.
11-Nov-2015
(C)
Total revenue for the interim period rose to R1.2 billion (R1.1 billion). Profit from operations lowered to R313.5 million (R328.8 million). Profit for the period attributable to equity holders jumped to R239.9 million (R227.6 million). In addition, headline earnings per share grew to 112.5cps (111.8cps).
09-Oct-2015
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on 9 October 2015 (in terms of the notice of annual general meeting dated 14 August 2015), all of the resolutions tabled thereat were passed by the requisite majority of Peregrine shareholders.



Details of the results of voting at the annual general meeting are as follows:

*total number of Peregrine shares that could have been voted at the annual general meeting: 223 504 662

*total number of Peregrine shares that were present/represented at the annual general meeting: 186 071 960 being 83,25% of total number of Peregrine shares that could have been voted at the annual general meeting

07-Sep-2015
(Official Notice)
Shareholders are advised that Peregrine?s integrated annual report, incorporating the audited financial statements for the year ended 31 March 2015, was dispatched on 7 September 2015 and contains no changes to the reviewed preliminary results which were announced on SENS on Wednesday, 10 June 2015. The unmodified auditors? opinion is available for inspection at the company?s registered office.



The integrated annual report contains a notice of annual general meeting, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, at 10h00 on Friday, 9 October 2015. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Friday, 25 September 2015 and the record date for voting purposes is Friday, 2 October 2015. The integrated annual report is also available on the company?s website - www.peregrine.co.za
10-Jun-2015
(C)
Total revenue jumped 25% to R2.6 billion (R2.1 billion). Profit from operations grew 29% to R851.9 million (R662.2 million), while profit attributable to equity holders shot up 59% to R677.0 million (R425.0 million). In addition, headline earnings per share rose 28% to 270.9cps (211.5cps).



Dividend

The directors have resolved to declare an ordinary cash dividend of 150 cents per share for the year ended 31 March 2015. This represents growth of 50% over last year's ordinary dividend of 100 cents per share.
28-May-2015
(Official Notice)
Shareholders are referred to the trading statement published on SENS on 23 March 2015 in which shareholders were advised that more specific information relating to the increase in the headline earnings per share and basic earnings per share for the year ended 31 March 2015 (the ?current period?) would be provided to shareholders as soon as there is a reasonable degree of certainty, as required by the JSE Listings Requirements.



Accordingly, shareholders are advised that headline earnings per share (?HEPS?) (both IFRS and normalised) and basic earnings per share (?EPS?) (both IFRS and normalised) for the current period are expected to be higher than those for the year ended 31 March 2014 (the ?comparative period?) as set out below.



Current period - expected, Comparative period - actual and Percentage increase over comparative period

*IFRS HEPS -- Between 265 cents per share and 275 cents per share; 211.5 cents per share; Between 25% and 30%

*Normalised HEPS -- Between 265 cents per share and 275 cents per share; 198.2 cents per share; Between 34% and 39%

*IFRS EPS -- Between 320 cents per share and 330 cents per share; 214.1 cents per share; Between 50% and 54%

*Normalised EPS -- Between 320 cents per share and 330 cents per share; 200.8 cents per share; Between 59% and 65%



The audited results for the year ended 31 March 2015 will be published on SENS on 10 June 2015.
23-Mar-2015
(Official Notice)
Shareholders are advised that the headline earnings per share and basic earnings per share for the year ending 31 March 2015 are likely to be at least 20% higher (being at least 40 cents per share higher) than the headline earnings per share and the basic earnings per share for the year ended 31 March 2014 (being 198.2 cents and 200.8 cents respectively).



At this stage there is not a reasonable degree of certainty regarding the range within which the headline earnings per share and basic earnings per share is likely to exceed those for the year ended 31 March 2014. More specific information, as required by the JSE Listings Requirements, will be provided to shareholders as soon as there is a reasonable degree of certainty. The information on which this trading statement is based has not be reviewed or reported on by Peregrine?s auditors.

12-Nov-2014
(C)
Total revenue for the interim period increased by 24% to R1.1 billion (2013: R925.1 million). Profit from operations rose by 32% to R328.8 million (2013: R248.5 million), while profit for the period attributable to equity holders of the company jumped 51% to R227.6 million (2013: R150.3 million). Furthermore, headline earnings per ordinary share grew by 43% to 111.8cps (2013: 78cps).



Conclusion

Whilst the fortunes of the group remain linked to those of financial markets and many of Peregrine's businesses are structured to earn substantial fees in times when financial markets experience strong positive moves, throughout the group Peregrine continues to focus on increasing the level of annuity income and looking at revenue synergies and cost cutting initiatives. In addition the company is pleased with the contributions made by their core businesses as well as their new acquisitions.
22-Oct-2014
(Official Notice)
Shareholders are advised that the company expects headline earnings per share ("HEPS") and basic earnings per share ("EPS") for the six months ended 30 September 2014 to be between 105 cents and 113 cents, being between 35% and 45% higher than HEPS and EPS for the six months ended 30 September 2013. The HEPS and EPS for the six months ended 30 September 2013 were 78 cents in each case. The unaudited results for the six month period ended 30 September 2014 will be published on SENS on or about 12 November 2014.
08-Oct-2014
(Official Notice)
Shareholders are advised that, effective immediately, Deloitte - Touche Sponsor Services (Pty) Ltd. has been appointed as joint independent sponsor to Peregrine. Java Capital continues to act as joint sponsor.
07-Oct-2014
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on 7 October 2014 (in terms of the notice of annual general meeting dispatched to shareholders on 29 August 2014), all of the resolutions tabled were passed by the requisite majority of Peregrine shareholders.



Details of the results of voting at the annual general meeting are as follows:

*total number of Peregrine shares that could have been voted at the annual general meeting: 213 312 352

*total number of Peregrine shares that were present/represented at the annual general meeting: 130 808 448 being 61.32249% of total number of Peregrine shares that could have been voted at the annual general meeting



29-Aug-2014
(Official Notice)
Shareholders are advised that Peregrine's integrated annual report, incorporating the audited financial statements for the year ended 31 March 2014, was dispatched today, 29 August 2014 and contains no changes to the reviewed preliminary results which were announced on SENS on Wednesday, 11 June 2014. The integrated annual report contains a notice of annual general meeting, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, at 10h00 on Tuesday, 7 October 2014. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Thursday, 18 September 2014 and the record date for voting purposes is Friday, 26 September 2014. The integrated annual report is also available on the company?s website - www.peregrine.co.za
14-Aug-2014
(Official Notice)
11-Jun-2014
(C)
Total revenue jumped to R2.1 billion (R1.7 billion). Profit from operations grew 58% to R662.2 million (R419.5 million). Profit attributable to equity holders shot up to R425.0 million (loss of R466.7 million). In addition, headline earnings per share rose 52% to 211.5cps (138.9cps).



Dividend

The directors have resolved to declare an ordinary gross dividend of 100 cents per share for the year ended 31 March 2014. This represents growth of 39% over last year's ordinary dividend of 72 cents per share. The directors have decided against declaring a special cash dividend this year, earmarking the capital for organic growth and further acquisitions.
06-Jun-2014
(Official Notice)
Shareholders are referred to the trading update published on SENS on 8 April 2014 in which shareholders were advised that more specific information relating to the increase in the headline earnings per share and basic earnings per share for the year ended 31 March 2014 would be provided to shareholders as soon as there is a reasonable degree of certainty, as required by the JSE Listings Requirements. Accordingly, shareholders are advised that:

* headline earnings per share are expected to be between 205 cents and 215 cents; and

* basic earnings per share are expected to be between 210 cents and 220 cents.



The IFRS headline and basic earnings per share advised above do not however accurately reflect the true results due to the application of IFRS2 which requires that a share based payment (arising in respect of 10 million Peregrine shares which were purchased by the Citadel Share Trust to incentivise Citadel employees over a five year period) be recognised over a vesting period of five years, rather than recognising such cost in the year under review.



Accordingly, the board of directors feels that it is more appropriate and useful, in addition to providing the IFRS disclosed earnings, to also disclose normalised earnings as follows:

* normalised headline earnings per share are expected to be between 190 cents and 200 cents; and

* normalised basic earnings per share are expected to be between 195 cents and 205 cents.



For the year ended 31 March 2013:

* the published headline earnings per share were 138.9 cents; and

* the published basic loss per share was 226.4 cents.



The audited results for the year ended 31 March 2014 are expected to be released on SENS on 11 June 2014.
08-Apr-2014
(Official Notice)
Shareholders are advised that the headline earnings per share and basic earnings per share for the year ended 31 March 2014 will be higher than the headline earnings per share and basic earnings per share for the year ended 31 March 2013 (being 138.9 cents and a loss of 226.4 cents respectively) by more than 20%.



There is not a reasonable degree of certainty, at this stage, as to the range, within 20%, by which the headline earnings per share and basic earnings per share will be higher than those for the previous year.



More specific information, as required by the JSE Listings Requirements, will be provided to shareholders as soon as there is a reasonable degree of certainty.
06-Nov-2013
(C)
Revenue for the interim period was up 29% to R887.2 million (R686.7 million) whilst profit from operations also rose by 54% to R248.5 million (R161.9 million). Profit attributable to equity holders increased by 37% to R150.3 million (R110.1 million). In addition, headline earnings per share strengthened by 54% to 78cps (50.6cps).



Outlook

The Peregrine group produced strong results under improved trading conditions during the six months ended 30 September 2013. All subsidiaries performed well in environments which generally suited their businesses. Local operating subsidiaries performed exceptionally led by Citadel and Peregrine Securities while offshore operations generated improved results. In line with the revised group strategy, the quality of earnings improved with returns on proprietary investments and investment banking activities comprising less than half the percentage contribution of the comparable period.



The group is progressing well with the implementation of its strategy of owning, building and managing a diversified portfolio of specialised financial services businesses which are leaders in the areas in which they operate. The group remains on course to grow earnings and deliver higher dividend payments to shareholders.
25-Oct-2013
(Official Notice)
Shareholders are advised that, at the annual general meeting of the company convened on Friday, 25 October 2013 (in terms of the notice of annual general meeting contained in the company's integrated annual report issued on Friday, 30 August 2013), all of the resolutions tabled thereat were passed by the requisite majority of Peregrine shareholders.



Prior to its approval, Ordinary Resolution 7, relating to the unissued ordinary shares being placed under the control of the board of directors, was amended to provide that any allotment and/or issue of ordinary shares in terms thereof shall not exceed 5% of the company?s issued share capital less the aggregate number of shares, if any, held by the company and its subsidiaries (but specifically excluding any share trusts), from time to time, as treasury shares.
17-Oct-2013
(Official Notice)
Shareholders were advised that headline earnings per share and earnings per share for the interim period ended 30 September 2013 are anticipated to be between 50% and 55% higher than the headline earnings per share and earnings per share for the six months ended 30 September 2012 (being 50.6 cents in each case). The unaudited results for the six month period ended 30 September 2013 will be published on SENS on 6 November 2013.
30-Aug-2013
(Official Notice)
Shareholders are advised that Peregrine?s integrated report, incorporating the audited financial statements for the year ended 31 March 2013, was dispatched today, 30 August 2013 and contains no changes to the reviewed results which were announced on SENS on Thursday, 6 June 2013. The integrated report contains a notice of annual general meeting, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, at 10h00 on Friday, 25 October 2013.



The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Friday, 11 October 2013 and the record date for voting purposes is Friday, 18 October 2013. The integrated report is also available on the company's website - www.peregrine.co.za
30-Aug-2013
(Official Notice)
Shareholders are advised that, in accordance with article 6.1.4.1 of the company?s memorandum of incorporation, Nomfanelo Magwentshu and Lungile Ndlovu are to retire from office at the annual general meeting of the company to be held during October 2013 (the upcoming AGM). Nomfanelo and Lungile, who have served as non-executive directors of the company since 1 July 2011, with Nomfanelo also being a member of the audit committee, have both advised that, although being eligible, they will not be offering themselves for re-election.



Subject to approval by shareholders at the upcoming AGM:

*it has been resolved not to fill the vacancy created by the retirement of Lungile; and

*in order to fill the vacancy created by the retirement of Nomfanelo, Stefaan Sithole, whose brief curriculum vitae is set out below, will be appointed as an independent non-executive director of the company, will serve on the audit committee and also be appointed as chairman of the social and ethics committee.
06-Jun-2013
(C)
Operating revenue grew 10% to R1.7 billion (R1.5 billion) whilst operating profit fell 19% to R419.5 million (R520.8 million). Loss attributable to equity holders was R466.7 million (profit of R313.9 million). In addition, headline earnings per share decreased by 6% to 138.9cps (147.7cps).



Ordinary and Special Cash dividend

The directors have resolved to declare an ordinary dividend of 72 cents per share for the year.



In line with the policy to return excess capital to shareholders over time, the directors have further resolved to declare a special cash dividend of 28 cents per share.
05-Jun-2013
(Official Notice)
Shareholders are referred to the trading update published on SENS on 18 February 2013 in which shareholders were advised that more specific information relating to the quantum of the impairment of intangible assets would be provided to shareholders as soon as there is a reasonable degree of certainty, as required by the JSE Listings Requirements.



Accordingly, shareholders are advised that:

*as a result of the impairment to the intangible assets of Stenham Ltd, there will be a basic loss per share of between 225 cents and 230 cents (published basic earnings per share for the year ended 31 March 2012 were 144.2 cents);

* headline earnings per share will be between 135 cents and 140 cents (published headline earnings per share for the year ended 31 March 2012 were 147.7 cents).



The audited results for the year ended 31 March 2013 are expected to be released on SENS on 6 June 2013.
14-Mar-2013
(Official Notice)
Jan van Niekerk, who has been with the Peregrine group since 2000 and group CEO since August 2010, has advised the board that he will be resigning with effect from 1 April 2013 to pursue new opportunities. Van Niekerk will remain as non-executive chairman of the group's wealth management subsidiary, Citadel Holdings (Pty) Ltd. Jonathan Hertz (40) has been appointed as the new group CEO with effect from 1 April 2013.
18-Feb-2013
(Official Notice)
18-Jan-2013
(Official Notice)
Shareholders are advised that, as a result of the vesting of the first tranche of shares relating to the share scheme which was implemented prior to the end of the 2010 financial year (comprising an executive incentive scheme and a share option scheme with shares vesting in three equal tranches in November 2012, 2013 and 2014), 7 246 182 new Peregrine shares were allotted and issued on 16 January 2013 at a price of R7,64675 per share. Such shares have now been listed on the JSE.



Following the issue of such shares, Peregrine's issued share capital is comprised as follows:

* Total number of Peregrine shares in issue: 206 790 887

* Treasury shares: 10 462 646

* Net shares in issue: 196 328 241.
08-Nov-2012
(C)
Revenue for the interim period went down 2% to R686.7 million (R697.1 million) whilst profit from operations also fell 8% to R161.9 million (R175.7 million). Profit attributable to equity holders increased by 3% to R110.1 million (R106.8 million). In addition, headline earnings per share strengthened by 1% to 50.6cps (50.2cps).
26-Oct-2012
(Official Notice)
At the annual general meeting of Peregrine shareholders held on Friday, 26 October 2012 (in terms of the notice of annual general meeting contained in the company's integrated annual report), all the resolutions as proposed at the meeting were passed by the requisite majority.
19-Oct-2012
(Official Notice)
Shareholders are referred to previous announcements relating to the restructuring of Peregrine's BEE shareholding in respect of which all resolutions to approve such restructuring were passed by Peregrine shareholders at the general meeting held on 4 September 2012.



Peregrine shareholders are advised that all the conditions precedent relating to:

*the specific repurchase of 28 584 059 Peregrine shares (the repurchased shares) from Nala Empowerment Investment Company Pty Ltd (Nala) and its subsidiary in terms of sections 48 and 114 of the Companies Act; and

*the acquisition by Nala, by way of subscription, of a 20% shareholding in Peregrine Structuring Proprietary Limited, being Peregrine?s subsidiary which will house the South African operating subsidiaries pursuant to the group?s reorganisation, for a subscription price of R380 million, (collectively the transactions) have been fulfilled and accordingly the transactions have now been implemented. Application has been made to the JSE Limited for the delisting of the repurchased shares, which repurchased shares shall be cancelled.



Following the cancellation of the repurchased shares, Peregrine?s issued share capital will be comprised as follows:

*Total number of Peregrine shares in issue: 199 544 705

*Treasury shares :10 462 646

*Net shares in issue :189 082 059
27-Sep-2012
(Official Notice)
Shareholders were advised that Peregrine's integrated report, incorporating the audited financial statements for the year ended 31 March 2012, was dispatched today, 27 September 2012, and contains no changes to the reviewed results which were announced on SENS on Thursday, 7 June 2012.



Included in the integrated report is a notice of annual general meeting for the company, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, Gauteng, at 10:00 on Friday, 26 October 2012.



An electronic copy of the integrated report is available on the company's website - www.peregrine.co.za
04-Sep-2012
(Official Notice)
Shareholders are referred to the circular dated 6 August 2012 (the "circular") relating to:

* a specific repurchase of 28 584 059 Peregrine shares from Nala Empowerment Investment Company (Pty) Ltd. ("Nala") and its subsidiary in terms of sections 48 and 114 of the Companies Act; and

* the acquisition by Nala, by way of subscription, of a 20% shareholding in Peregrine Structuring (Pty) Ltd., being Peregrine's subsidiary which will house the South African operating subsidiaries pursuant to the group's reorganisation, for a subscription price of R380 million, (collectively the "transactions") and which circular contained a notice convening a general meeting of Peregrine shareholders (the "general meeting"), which general meeting was held today at 10:00 at 6A Sandown Valley Crescent, Sandown, Sandton.



Shareholders are advised that at the general meeting all resolutions to approve the transactions were passed by the requisite majority of Peregrine shareholders.
07-Aug-2012
(Official Notice)
Shareholders are referred to the previous announcements released on SENS on 30 March 2012, 7 June 2012 and 22 June 2012 relating to the restructuring of Peregrine's BEE shareholding. Peregrine shareholders are advised that a circular (the "circular") was posted to shareholders on 6 August 2012, which circular relates to:

* a specific repurchase of 28 584 059 Peregrine shares from Nala Empowerment Investment Company (Pty) Ltd. ("Nala") and its subsidiary in terms of sections 48 and 114 of the Companies Act; and

* the acquisition by Nala, by way of subscription, of a 20% shareholding in Peregrine Structuring (Pty) Ltd., being Peregrine's subsidiary which will house the South African operating subsidiaries pursuant to the group?s reorganisation, for a subscription price of R380 million, and encloses a notice convening a general meeting of Peregrine shareholders, which general meeting is to be held at 10:00 at 6A Sandown Valley Crescent, Sandown, Sandton on Tuesday, 4 September 2012.

The circular is also available in electronic format at www.peregrine.co.za.
11-Jul-2012
(Official Notice)
Shareholders were referred to reports, in various financial news services, that Peregrine Financial Group Inc, a Chicago based futures broker, is under investigation for accounting irregularities and that their operations have been frozen.



Peregrine confirms that it is unrelated to Peregrine Financial Group Inc, and that neither it nor any of its subsidiaries have, or have ever had, any connection, or had any business dealings with Peregrine Financial Group Inc.
06-Jul-2012
(Official Notice)
Shareholders are referred to Peregrine's ordinary and special dividend announcement, released on SENS on 6 July 2012 and are advised that the Consolidated Infrastructure Group Ltd. ISIN code was incorrectly reflected, the correct ISIN code: is ZAE000153888.
06-Jul-2012
(Official Notice)
22-Jun-2012
(Official Notice)
Shareholders were referred to the cautionary announcement released on SENS on 30 March 2012 and Peregrine's results announcement for the year ended 31 March 2012, released on SENS on 7 June 2012, relating to the restructuring of Peregrine's BEE shareholding, where shareholders were advised that, subject to the conditions referred to below:

*Peregrine will repurchase from Nala Empowerment Investment Company (Pty) Ltd. ("Nala") and its subsidiaries 28 584 059 Peregrine shares for an aggregate purchase price of R294 701 648 ("the repurchase price"); and

*Nala will acquire, by way of subscription, a 20% shareholding in SA OpsCo (the entity which will house the restructured South African operating subsidiaries) for a subscription price of R380 million ("the subscription price"), (collectively "the transaction").



Selected pro-forma financial effects

*Earnings per share -- 144.2cps before transaction but rises 1.9% to 146.9cps after transaction

*Headline earnings per share -- 147.7cps before transaction but rises 2.2% to 151.0cps after transaction

*Net asset value per share -- 1 003.9cps before transaction but rises 11.6% to 1 120.3cps after transaction



The transaction is subject to the fulfilment of a number of conditions including the shareholders of Nala and the shareholders of Peregrine, in separate general meetings, approving the transaction as well as securing all necessary regulatory approvals required to implement the transaction.



Withdrawal of cautionary

Shareholders are advised that following the release of the financial effects of the transaction, caution is no longer required to be exercised by shareholders when dealing in their Peregrine shares.
07-Jun-2012
(C)
Total revenue for the year ended 31 March 2012 increased by 5% to R1.8 billion (2011: R1.7 billion). Profit from operations jumped by 8% to R517.8 million (2011: R480.5 million), while profit attributable to equity holders of the company rose slightly by 2% to R313.9 million (2011: R308 million). Furthermore, headline earnings per ordinary share grew by 12% to 147.7cps (2011: 131.9cps).



Ordinary cash dividend and special in specie dividend

In adopting the new dividend policy of paying out a minimum of 50% of earnings, the directors have resolved to declare an ordinary dividend of 72cps for the year. In order to reduce surplus capital and facilitate the reduction in the balance sheet investments of Peregrine, the directors have further resolved to declare a distribution of 6 984 065 shares in Consolidated Infrastructure Group Ltd. ("CIL"), held by Peregrine, on a pro-rata basis to all Peregrine shareholders, in a ratio of 3.5 CIL shares for every 100 Peregrine shares owned.



Conclusion

The results of the past financial year once again highlight the benefit to the group, particularly in difficult conditions, of holding a portfolio of investment related businesses. The group's culture of aligning the interests of the management teams of the underlying businesses with the shareholders of Peregrine through direct participation in their respective businesses continues to have a positive bearing on its ability to navigate these uncertain times. Nonetheless, the macro environment remains difficult. The group's refined strategy of returning excess capital to shareholders, growing its cash- generating businesses organically, whilst at the same time diversifying and expanding the group through appropriate, sizable transactions, should provide shareholders with an income yielding investment which has ample scope for good long term growth in earnings.
17-May-2012
(Official Notice)
Shareholders were referred to the cautionary announcement released on SENS on 30 March 2012 in relation to the proposed restructuring of the BEE shareholding in Peregrine ("the transaction") and are advised that:

*the transaction is still subject, inter alia, to the fulfilment of the conditions set out in the cautionary announcement; and

*a further announcement regarding the transaction (including its financial effects) and progress for its implementation will be made in due course.



In the interim shareholders are advised to continue to exercise caution when dealing in Peregrine shares.
30-Mar-2012
(Official Notice)
Shareholders were referred to the voluntary SENS announcements published in April and August 2011 in which it was announced that Nala Empowerment Investment Company (Pty) Ltd. ("Nala") and its subsidiaries ("the Nala group") had acquired an interest in 30 054 419 Peregrine shares, being approximately 13% of Peregrine's issued share capital. Shareholders are advised that Peregrine has entered into a binding heads of agreement with the Nala group, in terms of which, subject to the fulfilment of certain conditions (as referred to below) as one indivisible transaction ("the transaction"):

*Peregrine or one of its subsidiaries will purchase from the Nala group, the 30 054 419 Peregrine shares owned by the Nala group at a price equal to the volume weighted average traded price of Peregrine shares measured over the thirty business days prior to 30 March 2012, which price was R10.31;

*Nala will acquire, whether by way of purchase or subscription, or a combination of both, a 20% shareholding in Peregrine's South African operating subsidiaries, which specifically excludes Peregrine's balance sheet investments and direct offshore subsidiaries, at a value to be agreed between Peregrine and Nala and which valuation will be subject to an independent expert providing an opinion that the price agreed between the parties is fair.



The transaction is subject to the fulfilment of a number of conditions including:

*the shareholders of Nala, in general meeting, approving the transaction;

*the shareholders of Peregrine, in general meeting, approving the transaction; and

*the securing of all necessary regulatory approvals required to implement the transaction.



A further announcement regarding the transaction (including its financial effects) and progress for its implementation will be made in due course. In the interim shareholders are advised to exercise caution when dealing in Peregrine shares.
23-Nov-2011
(Official Notice)
Shareholders are advised that the company has received notification from Investec Asset Management Holdings (Pty) Ltd (in respect of various portfolios / clients) ("IAM") of the disposal by IAM of Peregrine shares, such that IAM's total beneficial interest in the company is now 3.66% of Peregrine's issued ordinary share capital, excluding treasury shares.
14-Nov-2011
(C)
Total revenue was down by 3% to R744.8 million (R766.2 million). Profit from operations decline by 14% to R175.7 million (R204.6 million). Net attributable profit was 15% lower at R106.8 million (R125.7 million). In addition, headline earnings per ordinary share fell by 9% to 50.2c (55.2cps).



Outlook

Throughout the group, the focus remains on delivering top class client service and investor returns, whilst keeping operating costs under control.
18-Oct-2011
(Official Notice)
At the annual general meeting of shareholders of Peregrine held on Tuesday, 18 October 2011 (as postponed from the original date of 14 October 2011 in terms of the notice of annual general meeting contained in the Peregrine annual report issued on 8 September 2011, shareholders having been notified of such postponement on SENS and in the Business Day and Die Beeld on 26 September 2011), all of the resolutions were passed by the requisite majority of Peregrine shareholders.
26-Sep-2011
(Official Notice)
Shareholders are referred to the notice of annual general meeting announcement released on SENS on 8 September 2011. Shareholders are advised that the annual general meeting of Peregrine, originally scheduled for Friday, 14 October 2011 has been re-scheduled to Tuesday, 18 October 2011 at 10h00. The revised dates and times in relation the annual general meeting are as follows:

*Record date for participating in and voting at the annual general meeting -- Friday, 7 October 2011

*Last day for forms of proxy to be lodged at Computershare Investor Services (Proprietary) Limited, Ground Floor, 70 Marshall Street, Johannesburg, 2001 or posted to PO Box 61051, Marshalltown, 2107 by 10h00 on -- Monday, 17 October 2011.

*Annual general meeting at 10h00 on -- Tuesday, 18 October 2011



08-Sep-2011
(Official Notice)
Shareholders are advised that Peregrine's annual report, incorporating the audited financial statements for the year ended 31 March 2011, was dispatched yesterday (7 September 2011) and contains no changes to the reviewed results which were announced on SENS on Wednesday, 1 June 2011. Included in the annual report is a notice of Annual General Meeting for the company, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, Gauteng, at 10:00 on 14 October 2011.
03-Aug-2011
(Official Notice)
Shareholders are referred to the voluntary SENS announcement published on 5 April 2011 ("the initial announcement") in which it was announced that:

* a new empowerment investment company, Windfall 52 Properties (Pty) Ltd (which has subsequently changed its name to Nala Empowerment Investment Company (Pty) Ltd) ("Nala") had acquired the ordinary shares in Rapicorp 59 (Pty) Ltd ("Rapicorp 59");

* Nala was in the process of finalising funding for Rapicorp 59 to be able to redeem the preference shares held by both Absa Bank Ltd ("Absa") and Vunani Capital (Pty) Ltd, which funding was subsequently raised; and

* it was the intention for Nala to enter into discussions with the shareholders of Rapicorp 60 (Pty) Ltd ("Rapicorp 60") to similarly acquire their shareholding in Rapicorp 60 subject to Nala, on behalf of Rapicorp 60, being successful in raising sufficient funding to redeem the preference shares held by Absa.



Shareholders were advised that:

* Rapicorp 60 has been successful in raising sufficient funding to redeem the preference shares held by Absa, which preference shares have now been redeemed; and

* Nala has acquired the entire ordinary issued share capital of Rapicorp 60.

Following the implementation of the above transactions, Nala, through Rapicorp 59 and Rapicorp 60, will have an indirect interest in 30 054 419 Peregrine shares.
15-Jul-2011
(Official Notice)
Ethan Dube is to retire from office at the annual general meeting of the company to be held during October 2011. Ethan, who has served as a non-executive director of the company since 11 October 2006, has advised that, although being eligible, he will not be offering himself for re-election.
30-Jun-2011
(Official Notice)
The board of Peregrine Holdings Ltd announce the appointment of Ms. Veronica Nomfanelo Magwentshu ("Nomfanelo") (40), as an independent, non- executive director and a member of the audit committee, and Ms. Lungile Myrtle Ndlovu ("Lungi") (53) as an independent, non-executive director, both with effect from 1 July 2011.
01-Jun-2011
(C)
Total revenue for the year ended 31 March 2011 increased by 8% to R1.664 billion (2010: R1.545 billion). Profit from operations fell by 3% to R480.5 million (2010: R496.5 million), while profit attributable to equity holders of the company rose by 15% to R308 million (2010: R267.3 million). Furthermore, headline earnings per ordinary share improved by 6% to 131.9cps (2010: 124.4cps).



Dividend

In keeping with the stated dividend policy of paying out a minimum of 25% of each year's earnings, the directors have resolved to declare a dividend of 35cps for the year.



Conclusion

The financial performance of the Peregrine group over the past three years has served to highlight the group's cash generative ability in a period which has been extremely challenging for any business that is immersed in the financial markets. Over that period the group has repaid over R500 million of debt, declared total dividends of R172 million and now sits with several hundred million rand of available cash resources. The group remains confident of the ability of its various operations to navigate their way through the current investment environment and, from a position of financial strength, will seek to pro-actively expand its range of activities both locally and offshore.
05-Apr-2011
(Official Notice)
Shareholders are referred to the SENS announcement published by Vunani Ltd earlier today Vunani Capital (Pty) Ltd ("Vunani Capital"), through its 100% held subsidiary, Rapicorp 59 (Pty) Ltd ("Rapicorp 59"), currently owns 15 027 210 Peregrine shares, which represent 6.75% of the outstanding shares in Peregrine. Rapicorp 59 originally funded the purchase of the Peregrine shares in 2006 by raising approximately 20% of the required funding from Vunani Capital and the balance from ABSA Bank Ltd ("ABSA"). A new empowerment investment company, ("Newco") has been established with its majority shareholders being the Peregrine education trust, the Peregrine Community Development Trust and a new Peregrine Employee Trust (which is in the process of formation). These trusts together will cumulatively own 70% of the shares in Newco with the remaining 30% being owned by Peregrine Financial Services (Pty) Ltd ("PFS"). Newco has, with effect from 31 March 2011, acquired the ordinary shares in Rapicorp 59 from Vunani Capital for an amount of R15 million, which will be settled in cash. In addition, Newco is in the process of finalising funding for Rapicorp 59 to be able to redeem the preference shares held by both ABSA and Vunani Capital. This transaction is subject to the fulfilment of certain conditions as referred to in the Vunani SENS announcement. It is the intention, in due course, for Newco to enter into discussions with the shareholders of Rapicorp 60 (Pty) Ltd ("Rapicorp 60"), which owns 15 027 209 Peregrine shares, to similarly acquire their shareholding in Rapicorp 60 subject to Newco, on behalf of Rapicorp 60, being successful in raising sufficient funding to redeem the preference shares held by ABSA.
04 Nov 2010 08:55:56
(C)
Revenue increased from R641million to R734.1 million in 2010. Profit before taxation increased to R219 million (September 2009: R208 million). Profit attributable to ordinary shareholders increased to R126 million (September 2009: R123 million). Headline earnings per share decreased to 55.2cps (September 2009: 58cps).



Dividend

No dividend has been declared for the period under review.



Prospects

The fortunes of the group remain linked to those of financial markets. Although many of our businesses are structured to earn substantial fees in times when financial markets experience strong positive moves, we continue our focus on increasing the level of annuity income throughout the group. As the structure of the group is such that our management and investment teams operate independently from each other, each team will be implementing a strategy which is appropriate to their mandates and skills.
03 Nov 2010 14:25:42
(Official Notice)
Mandy Yachad has been appointed as a director to the board with effect from 2 November 2010.
14 Oct 2010 12:37:10
(Official Notice)
At the annual general meeting of shareholders of Peregrine held on Thursday, 14 October 2010 (in terms of the notice of annual general meeting contained in the Peregrine annual report issued on 22 September 2010), all of the resolutions were passed by the requisite majority of Peregrine shareholders.
22 Sep 2010 16:33:13
(Official Notice)
Shareholders are advised that Peregrine's annual report, incorporating the audited financial statements for the year ended 31 March 2010, was dispatched today and contains no changes to the reviewed results which were announced on SENS on Wednesday, 2 June 2010. Included in the annual report is a notice of Annual General Meeting for the company, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, Gauteng, at 10:00 on 14 October 2010.
03 Aug 2010 15:09:33
(Official Notice)
Shareholders are referred to the SENS announcement dated 1 April 2009 in which shareholders were advised that:

*Leonard Harris had been appointed as non-executive chairman;

*Sean Melnick had stepped down as chairman and assumed the role of group CEO with Jan van Niekerk being appointed as deputy group CEO/CEO designate.



The intention was that, post a transition period of between 12 and 18 months, Sean Melnick would step down and Jan van Niekerk would assume the role of group CEO. Shareholders are advised that, with effect from 3 August 2010:

*Jan van Niekerk has been appointed as group CEO, assuming responsibility for all of the group's day to day operations. The functioning of the group will continue to be augmented by an executive committee comprising several key individuals within the organisation;

*Sean Melnick has stepped down as group CEO and has been appointed as deputy chairman with Leonard Harris retaining the role of independent, non-executive chairman. Sean Melnick will continue to hold the position of chairman of the group's offshore subsidiary, Stenham Ltd.
02 Jun 2010 09:59:14
(C)
Operating revenue decreased by 10% to R1.4 billion (R1.5 billion). However, profit from operations jumped by 61% to R496.5 million (R307.5 million) and net attributable profit surged by 126% to R267.3 million (R118 million). In addition, headline earnings on a per share basis soared by 267% to 124.4cps (33.9cps).



Dividend

A final ordinary dividend of 31cps has been declared.



Outlook

While sentiment has improved and trading activity has picked up in global financial markets, uncertainty about the outcome of recent major government and central bank interventions remain. With many of Peregrine's funds in performance fee earning territory and asset levels at or around all-time highs, the group is well positioned to operate in what remains a difficult and volatile environment.
25 May 2010 15:24:14
(Official Notice)
Shareholders are advised that, in respect of the year ended 31 March 2010:

* basic earnings per share are expected to be between 120% and 130% higher than the basic earnings per share for the year ended 31 March 2009 (published basic earnings per share for such year were 54.8 cents), and

* headline earnings per share are expected to be between 260% and 270% higher than for the year ended 31 March 2009 (published headline earnings per share for such year were 33.9 cents).
06 Apr 2010 08:42:25
(Official Notice)
Shareholders are advised that the headline earnings per share and basic earnings per share for the year ended 31 March 2010 will be higher than the headline earnings per share and basic earnings per share for the year ended 31 March 2009 (being 33.9 cps and 54.8 cps respectively) by more than 20%.



19 Jan 2010 12:36:13
(Official Notice)
Pursuant to the announcement of 1 September 2009 (in which shareholders were advised that Pauline Goetsch had indicated to the board her intention to step down before the end of the current financial year), shareholders are further advised that: *Rob Katz has been appointed as a director and chief financial officer of the Peregrine group, which appointment will be effective on 1 March 2010.

*Pauline Goetsch will cease to be an executive director on 28 February 2010 but will remain as a non executive director of the company.
03 Nov 2009 14:17:11
(C)
Revenue decreased from R825 million to R641 million in 2009.Profit before taxation increased to R208 million (September 2008:R125 million). Profit attributable to ordinary shareholders increased to R123 million (September 2008: R55 million). Basic earnings increased by 126% to R123.0 million. Headline earnings increased by 128% to R124.2 million .Basic earnings per share increased by 127% to 57.4 cents per share and headline earnings per share increased by 129% to 58.0 cents per share.



Dividends per share

A final dividend of 13cps was declared for the period under review.



Prospects

The group's businesses are involved in investing client's capital, facilitating investment of client's capital and investing the group's own capital in financial markets. The fortunes of the group are therefore closely linked to those of financial markets. Whilst many of the businesses are structured to earn substantial additional fees when delivering returns of an absolute nature, the group is capable of producing an annuity level of profit from operations regardless of market conditions. Through diversifying activities across different markets, geographies and asset classes, there can be a reduction of dependence on any individual team or asset class.
29 Oct 2009 16:34:47
(Official Notice)
Prior to the annual general meeting of members of Peregrine held on 29 October 2009, ordinary resolution number 2 in respect of general issue of shares for cash was withdrawn. All of the remaining resolutions were passed by the requisite majority of Peregrine members.
21 Oct 2009 13:57:21
(Official Notice)
Shareholders are advised that headline earnings per share and earnings per share for the interim period ended 30 September 2009 are anticipated to be between 120% and 130% higher than the headline earnings per share and earnings per share for the six months ended 30 September 2008 (being 25.3 cents in each case). The unaudited results for the six month period ended 30 September 2009 will be published on SENS on 3 November 2009.
01 Oct 2009 10:30:25
(Official Notice)
Shareholders are advised that it is anticipated that the headline earnings per share and earnings per share for the interim period ending 30 September 2009 will exceed the headline earnings per share and earnings per share for the six months ended 30 September 2008 (being 25,3 cents in each case) by more than 20%. More specific information, including the range within which the earnings per share and headline earnings per share are expected to exceed those of the comparable period, will be provided to shareholders as soon as there is sufficient certainty, which is anticipated to be in the third week of October 2009 with the interim results to be published during the first week of November 2009.
16 Sep 2009 16:57:34
(Official Notice)
Shareholders are advised that Peregrine's annual report, incorporating the audited financial statements for the year ended 31 March 2009, was dispatched and contains no changes to the reviewed results which were announced on SENS on Thursday, 4 June 2009.



Included in the annual report is a notice of annual general meeting for the company, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, Gauteng, at 10h00 on Thursday, 29 October 2009.
01 Sep 2009 10:19:45
(Official Notice)
Shareholders are advised that Pauline Goetsch, who joined the company in August 1997 and has held the position of financial director since 13 June 2000, has indicated to the board her intention to step down before the end of the current financial year. At the request of the company, Pauline has indicated her willingness to remain on the Peregrine board as a non executive director. It is expected that the appointment of a new group financial director will be made within the next quarter. A further announcement will be made in due course.
04 Jun 2009 11:41:06
(C)
Revenue increased from R1 095 million to R1 542 million in 2009.Profit before taxation decreased to R256 836 million (2008:R741 023 million). Profit attributable to ordinary shareholders decreased to R118 041 million (R467 754 million). Headline earnings on a per share basis decreased to 33.90cps (222.70cps).



Dividends per share

A final dividend of 13cps was declared for the period under review.



Prospects

The Peregrine board has always maintained that the group's overall financial performance will be closely linked to the investment performance of the underlying businesses, investment markets generally and the ability of the group to continue to attract and retain key members of staff. The group has proved its ability to generate an acceptable level of profitability and cash flow even under the most arduous conditions of the last year. In contrast, the group generated exceptional profits under favourable conditions in the previous year. Given prevailing market conditions and the low likelihood of material performance fees being earned within the group, the year ahead is likely to be another one of subdued earnings for the group.
22 May 2009 11:00:58
(Official Notice)
In terms of the listings requirements of the JSE Ltd, shareholders are advised that, in respect of the year ended 31 March 2009:

*Basic earnings per share are expected to be between 74% and 78% lower than the basic earnings per share for the year ended 31 March 2008 (published basic earnings per share for such year were 225.4 cents).

*Headline earnings per share are expected to be between 83% and 87% lower than for the year ended 31 March 2008 (published headline earnings per share for such year were 222.7 cents)

*The effect of the acquisition of a controlling interest in international wealth manager Stenham Ltd (which took place at the beginning of the financial year) is expected to be neutral on the group's earnings for the year.

*Profit from the group's South African based operating entities is expected to be between 45% and 50% lower than for the previous year, with negative returns on the group`s proprietary investment portfolio accounting for the balance of the earnings decline.

The audited results for the year ended 31 March 2009 are expected to be released on SENS on 3 June 2009.
01 Apr 2009 10:10:29
(Official Notice)
Keith Betty who stepped down as CEO on 1 January 2009, has resigned as a director of the company with effect from 31 March 2009.

Sean Melnick has relinquished his position as Executive Chairman of the group in order to assume the role of CEO, which role he has fulfilled in an acting capacity since 1 January 2009.

Leonard Harris, who has been a non executive director of Peregrine since May 2001, has been appointed as non executive Chairman.

Jan van Niekerk (34) has been appointed as deputy CEO. Van Niekerk, an actuary, joined Citadel in 2000. He was appointed as Citadel Chief Investment Officer (CIO) in February 2004 and has been an invitee to Peregrine board meetings for the past 2 years.

Van Niekerk will retain his current role as CIO of Citadel, which dual role will require changes in responsibility within Citadel which will be implemented in due course.
12 Jan 2009 09:21:32
(Media Comment)
Business Day reported that shares in Peregrine fell on Friday, 9 January 2009, after the company announced that a planned management buyout plan has been withdrawn. Peregrine's shares slumped almost 7% on the news to close at R7.50.
09 Jan 2009 15:14:31
(Official Notice)
Shareholders are referred to the cautionary announcements published on 5 September and 20 October 2008 and the further SENS announcement published on 26 November 2008 in which shareholders were advised that:

*A consortium, including members of management led by the company's chairman, Mr Sean Melnick, had submitted to the company a non-binding expression of interest for the acquisition of the entire issued share capital of Peregrine.

*The board had agreed to grant the consortium the right to undertake a due diligence investigation which was expected to commence in January 2009.

The board has today received written notice that the consortium has resolved to withdraw its expression of interest and accordingly the due diligence will not take place.
28 Nov 2008 14:08:04
(Official Notice)
Shareholders are referred to previous announcements in which they were advised that:

*Keith Betty, the incumbent chief executive officer, will be relocating to Australia in January 2009;

*a consortium has confirmed its intention, subject to the outcome of a due diligence investigation and prevailing market conditions, to make a firm offer to acquire all the company's shares which, if accepted, would result in a delisting of the company.



The outcome of the potential delisting process will have a direct influence on the structure of the Peregrine group as well as the appointment of group CEO. As an interim measure, dispensation has been requested from, and granted by, the JSE Limited for Sean Melnick, the executive chairman of the company to assume the dual role of chairman and CEO. Such dispensation has been granted until 6 May 2009 during which period all board meetings will be chaired by an acting chairman, not being Sean Melnick. Mr Melnick will assume the position of CEO with effect from 1 January 2009 while Mr Betty will continue to be available to the group until 31 March 2009. A further announcement will be made in this regard once there is greater certainty around the status of the group, listed or otherwise.
26 Nov 2008 11:51:10
(Official Notice)
Shareholders are referred to the cautionary announcements published on 5 September and 20 October 2008 in which shareholders were advised that a consortium, including members of management led by the company's chairman, Mr Sean Melnick, had submitted to the company a non-binding expression of interest for the acquisition of the entire issued share capital of Peregrine. At the request of the board, the consortium has again confirmed its non-binding interest and has up-dated the board on its progress in arrangements to make an offer to Peregrine shareholders.



The board has agreed to grant the consortium the right to undertake a due diligence investigation and is engaging with the consortium regarding the extent and scope of such due diligence investigation, which is expected to commence in January 2009. Subject to the outcome of the due diligence investigation and changes in prevailing market conditions, the consortium has indicated that during March 2009 it intends to make a firm offer to acquire all Peregrine shares. In these circumstances, the consortium considers it premature to provide indicative pricing for any offer that may follow. Accordingly, shareholders need not exercise caution in their dealings in the company`s securities. Shareholders will be up-dated and, if appropriate, cautioned, on commencement of the due diligence investigation by the consortium.
04 Nov 2008 14:54:10
(C)
Total revenue declined by 1% to R733.8 million (R739.2 million). Profit from operations decreased by 65% to R138.5 million (R393.3 million) and net attributable profit was down by 79% to R54.5 million (R259.2 million). In addition, headline earnings per ordinary share fell by 80% to 25.3cps (127cps).



Dividend

No dividend has been declared.



Prospects

Given the dramatic decline in investor sentiment globally, the political conditions in play locally and the, as yet, uncertain knock-on ramifications of the global credit crisis there is little certainty as to when 'normalised' market conditions will return. Accordingly, management anticipates that the results for the second half of the year are likely to be lower than for the comparable period last year.



The encouraging aspect of this set of results is that it demonstrates that in extremely trying conditions the Peregrine group is able to remain profitable and strongly cash generative. Peregrine remains committed to and encouraged by what the group can achieve in the medium term by continuing to build on well-established positions in the local private client wealth management, the securities broking and hedge fund industries and by focussing on the potential which Stenham presents in the global wealth and alternate asset management arenas.
29 Oct 2008 12:07:26
(Official Notice)
Prior to the annual general meeting of members of Peregrine held on Wednesday, 29 October 2008, ordinary resolution number 2 in respect of general issue of shares for cash was withdrawn. All of the remaining resolutions were passed by the requisite majority of Peregrine members.
20 Oct 2008 12:04:47
(Official Notice)
Shareholders are referred to the cautionary announcement published on 5 September 2008 in which shareholders were advised that a consortium, including members of management led by the company's chairman, Mr Sean Melnick, had submitted to the company a non-binding expression of interest for the acquisition of the entire issued share capital of Peregrine. The board continues to be engaged in discussions with the consortium and envisages being in a position to further update shareholders at the time of the release of the group's interim results in the first week of November. Accordingly, pending further announcements, shareholders are advised to continue to exercise caution when dealing in their Peregrine shares.
20 Oct 2008 12:02:06
(Official Notice)
Shareholders are advised that, in respect of the six month period ending 30 September 2008, basic earnings per share and headline earnings per share are expected to be between 70% and 80% lower than for the six month period ended 30 September 2007 (published earnings per share and headline earnings per share for such six month period were 129.7c and 127.0c respectively). The period ended 30 September 2007 represented the most profitable 6 months in Peregrine's history. Off this high base, two major factors have contributed to the decline in earnings:

* Performance fee earnings for the period are lower as a result of adverse market conditions. Results for the group's core local operating businesses are likely to be approximately 50% lower than those of the comparable period.

*The group earned a negative return on its proprietary investments compared to a substantial positive return for the same period last year. Whilst this had no direct impact on cashflow, it served to significantly diminish the group's earnings relative to those of the comparable period.

Nonetheless, as anticipated, under very difficult market conditions, the group has remained both profitable and meaningfully cashflow positive. The information on which the above trading statement has been provided has not been reviewed or reported on by the company's auditors. The unaudited results for the six month period ended 30 September 2008 are expected to be released during the first week of November 2008.
25 Sep 2008 12:11:56
(Official Notice)
Shareholders are advised that Peregrine's annual report, incorporating the audited financial statements for the year ended 31 March 2008, was dispatched on Thursday, 25 September 2008, and contains no changes to the audited results which were announced on SENS on Wednesday, 28 May 2008. The annual report contains a notice of AGM for the company, which will be held at 6A Sandown Valley Crescent, Sandown, Sandton, Gauteng, at 9:30 on Wednesday, 29 October 2008.
05 Sep 2008 12:31:02
(Official Notice)
Shareholders are advised that it is anticipated that the headline earnings per share and earnings per share for the interim period ending 30 September 2008 will be more than 20% lower than the comparable figures for the six months ended 30 September 2007 (being 127.0 cents and 129.7 cents respectively). There is currently insufficient certainty to define the range (within a 20% band) by which the headline earnings per share and earnings per share will be lower than those for the comparable period of the previous year. Accordingly, the information provided is by way of a voluntary trading update with more specific information to be provided to shareholders as soon as there is such certainty.
28 May 2008 10:25:27
(C)
Total revenue, comprising operating revenue and investment income, increased by 20% to R1.330 billion from R1.113 billion, with every division registering an increase in turnover. Net interest received increased to R64.5 million from R16.0 million as a result of increased cash resources held during the period. Last year?s report anticipated the issue of 18 million shares on maturity of the group?s deferred purchase share scheme during August 2007. Thus, whilst attributable and headline earnings increased by 25% and 44% respectively, the resulting 7.2% increase in the weighted average number of shares in issue, to 207. 5 million, resulted in basic earnings per share increasing by 16% to 225.4 cents per share and headline earnings per share increasing by 34% to 222.7 cents per share.



Dividends

The directors have resolved to declare a dividend of 56 cents per share for the year, an increase of 24% on the previous year.



Prospects

Given the set of economic and political conditions in play locally and taking account of market conditions and investor sentiment globally , the immediate outlook on a macro basis is neutral to negative. The group anticipates that the first six months of the new financial year are going to be difficult and, when compared to the strong comparable period in the year under review, the expectations are that earnings could come under pressure at the interim stage. The group remains committed to and encouraged by what they can achieve in the medium term by continuing to build on its well-established positions in the local private client wealth management, securities broking and hedge fund industries.
04 Apr 2008 11:11:03
(Official Notice)
Shareholders are advised that the resolutions necessary to procure shareholder approval for the acquisition of a controlling interest in the Stenham group by Peregrine were passed by the requisite majority of shareholders at the meeting held at 09h00, 4 April 2008. Consequently, as all conditions have been fulfilled, the transaction will be implemented with immediate effect and in accordance with its terms as detailed in the circular to shareholders dated 20 March 2008.
27 Mar 2008 17:03:55
(Official Notice)
Shareholders are advised that, in respect of the year ending 31 March 2008, headline earnings per share are expected to be between 25% and 35% higher than for the year ended 31 March 2007 (published headline earnings per share for such year were 166.3c). This trading update is based on the results for the eleven months of the current financial year and an estimate for the month of March. It assumes no significant market setbacks or advances during the remainder of March 2008.
20 Mar 2008 17:37:53
(Official Notice)
Shareholders are referred to the announcements of 2 October 2007 and 18 February 2008 regarding the proposed acquisition by Peregrine of the Stenham group of companies through its wholly-owned subsidiary, Peregrine Financial Services Holdings Ltd. Shareholders are advised that the parties have signed the formal acquisition agreement. A circular has been posted and a general meeting will be held at 09h00 on Friday, 4 April 2008.
18 Feb 2008 09:03:04
(Official Notice)
30 May 2006 15:03:13
(C)
Total revenue, comprising operating revenue and investment income, increased by 70% to R628.5 million from R369.8 million, as a result of good investment performances on an appreciably larger asset base for the year. Investment income amounted to 14% of total revenue, compared to 13% in the previous year. Stripping out the effects of direct staff profit participation in the increased profitability of each of the underlying businesses, as well as the first-time consolidation effects of Deloitte Private Clients (DPC) into Citadel, core operating expenses of the group increased by 18%. The major contributor to this was Peregrine Securities, with an increase in costs of 74% (excluding bonuses). This increase must, however, be seen in the context of a burgeoning business which, though incurring substantial additional marginal cost, produced an overall profit increase of 232%.



The substantial growth in the group's hedge-fund related prime-broking operations and continued strong cash generation within the group resulted in net interest earned for the year of R68.4 million from R13.9 million previously. A capital profit of R36 million was earned principally from the receipt of proceeds during the year arising from the disposal of a non-core group subsidiary during the group's re-focussing exercise in 2003. This helped increase profit before taxation to R356 million for the year, an increase of 106%. With a reduced rate of taxation as a result of the utilisation of previously assessed losses, and a lower number of shares in issue, basic earnings per share increased by 137% to 130.4c per share and headline earnings per share increased by 106% to 111.7c per share.



Prospects

The directors are confident of what can be achieved by continuing to build on the group's well-established positions in the local private wealth management and hedge fund arenas. The board remains, however, fully cognisant that Peregrine's financial performance will continue to be closely linked to the investment performance of its underlying businesses and, as such, any short term forecasts would be imprudent.



Dividend

The directors have resolved to declare a dividend of 30c per share for the year, an increase of 150% on the previous year.
26 May 2006 08:59:56
(Official Notice)
Shareholders are referred to the trading statement released on SENS on 7 April 2006 in which shareholders were advised that, in respect of the year ended 31 March 2006, headline earnings per share and earnings per share would be between 80% and 100% and 115% and 135% respectively higher than for the year ended 31 March 2005. The headline earnings per share and earnings per share for the year ended 31 March 2005, restated for the adoption of IFRS, were 54.1 cents per share and 55.0 cents per share respectively. On the basis of fully reviewed results for the year ended 31 March 2006 which are to be tabled for board approval and for subsequent release on Tuesday, 30 May 2006, shareholders are advised that, in terms of the Listings Requirements of the JSE Ltd, the previous earnings estimates will be exceeded and that:

*headline earnings per share are expected to be between 110 cents and 112 cents per share (between 103% and 107% higher than for the year ended 31March 2005);

*earnings per share are expected to be between 130 cents and 132 cents per share (between 136% and 140% higher than the earnings per share for the year ended 31 March 2005).

07 Apr 2006 12:16:28
(Official Notice)
Shareholders are advised that, in respect of the year ended 31 March 2006:

*headline earnings per share are expected to be between 80% and 100% higher than for the year ended 31 March 2005 (headline earnings per share for such year, restated for the adoption of IFRS, were 54.1cps);

*as a result of non-recurring capital receipts, earnings per share are expected to be between 115% and 135% higher than the earnings per share for the year ended 31 March 2005 (earnings per share for such year, restated for the adoption of IFRS, were 55.0cps).

The audited results for the year ended 31 March 2006 are expected to be released during the last week of May 2006.
17 Feb 2006 15:28:24
(Official Notice)
In respect of the year ending 31 March 2006:

*headline earnings per share are expected to be between 50% and 70% higher than for the year ended 31 March 2005 (54.1cps);

*as a result of non-recurring capital receipts, earnings per share are expected to be between 80% and 100% higher than the earnings per share for the year ended 31 March 2005 (55.0cps).

The audited results for the year ending 31 March 2006 are expected to be released during the last week of May 2006.



08 Dec 2005 17:13:46
(Official Notice)
16 Nov 2005 14:59:50
(Official Notice)
J Hertz has resigned as a director with effect from 15 November 2005 to take up an appointment as the managing director of Caveo Fund Solutions (Pty) Ltd. Caveo has been formed as a dedicated fund of hedge funds joint venture between Investment Solutions Holdings Ltd and Peregrine. Whilst the transaction, which is subject to obtaining the necessary regulatory approvals, is not expected to have any immediate impact on earnings or net asset value for Peregrine, it is anticipated that meaningful benefits will accrue to shareholders over time.
02 Nov 2005 12:55:15
(C)
28 Oct 2005 16:49:11
(Official Notice)
Further to the trading statement dated 29 September 2005, shareholders are advised that, in respect of the six month period ending 30 September 2005:

*headline earnings per share, taking into account changes in accounting policies arising from the adoption of International Financial Reporting Standards (IFRS), are expected to be between 120% and 125% higher than for the six month period ended 30 September 2004 (headline earnings per share for such six month period restated for the adoption of IFRS were 17.0c and 18.3c prior to such restatement);

*as a result of a non-recurring capital receipt, earnings per share are expected to be between 190% and 195% higher than the restated earnings per share for the six month period ended 30 September 2004 (earnings per share for such six month period, restated for the adoption if IFRS, were 17.8c and 19.1c prior to such restatement).



The unaudited results for the six month period ending 30 September 2005 are expected to be released on 2 November 2005. The information on which the above trading statement has been provided has not been reviewed or reported on by the company's auditors.
03 Oct 2005 16:28:03
(Media Comment)
Peregrine Holdings' share price increased 4.1% to close on a five-year high of R6.10 on 30 September 05. This followed the release of a trading statement in which it indicated that its earnings for the six months to September would be 140%-160% higher than the corresponding period's figure.

30 Sep 2005 08:39:50
(Official Notice)
Shareholders are advised that Peregrine has entered into negotiations with regard to a proposed Broad-Based Black Economic Empowerment ("BEE") transaction. The transaction will result in the identified BEE partners acquiring 15% of the issued ordinary share capital of Peregrine. It is envisaged that the shares required to implement the transaction will be acquired pro rata from each shareholder at a discount to the closing market price as at 29 September 2005. Accordingly, shareholders are advised to exercise caution when dealing in the company"s shares until a further announcement is made.
30 Sep 2005 08:32:38
(Official Notice)
Further to the trading statement dated 5 August 2005, shareholders are advised that, in respect of the six month period ending 30 September 2005: *headline earnings per share are expected to be between 75% and 95% higher than for the six month period ended 30 September 2004 (18.3ccps); *as a result of a non-recurring capital receipt, earnings per share are expected to be between 140% and 160% higher than the adjusted earnings per share for the six month period ended 30 September 2004 (19.1cps); This trading update does not take into account changes in accounting policies arising from the adoption of International Financial Reporting Standards which changes will be fully taken into account in the unaudited results for the six month period ending 30 September 2005 (expected to be released during the first week of November 2005). The information on which the above trading statement has been provided has not been reviewed or reported on by the company"s auditors.
25 Aug 2005 14:54:11
(Official Notice)
All of the resolutions were passed by the requisite majority of Peregrine shareholders at the annual general meeting of Peregrine convened on Thursday, 25 August 2005.
05 Aug 2005 16:47:07
(Official Notice)
Shareholders are advised that, in respect of the six month period ending 30 September 2005:

*headline earnings per share are expected to be between 40% and 60% higher than for the six month period ended 30 September 2004 (published headline earnings per share for such six month period were 18.3c);

*as a result of a non-recurring capital receipt, earnings per share are expected to be between 100% and 120% higher than the adjusted earnings per share for the six month period ended 30 September 2004 (earnings per share for such six month period, adjusted for the amortisation of goodwill, were 19.1c).

Peregrine`s financial performance is closely linked to the investment performance of its underlying businesses. This trading update is based on the results for the first four months of the current financial year and assumes no significant market setbacks over the next two months. The unaudited results for the six month period ending 30 September 2005 are expected to be released during the first week of November 2005.
18 Jul 2005 16:27:27
(Official Notice)
Citadel Investment Services Ltd, (a wholly owned and a major subsidiary of Peregrine), which is the owner of 36% of the issued share capital of Deloitte Private Clients (Pty) Ltd, has entered into an agreement with Deloitte - Touche Private Investments (`the seller`), to acquire 54% of the issued share capital of DPC for the purchase consideration (`the acquisition`) of a minimum of R52.3m and a maximum of R87.3m. The effective date of the acquisition is 1 June 2005.
30 Jun 2005 10:52:54
(Official Notice)
Shareholders are advised that Peregrine`s annual report, incorporating the audited financial statements for the year ended 31 March 2005, was dispatched on 30 June 05 and contains no changes to the audited results which were announced on SENS on Wednesday, 1 June 2005. The annual general meeting will be held at 6A Sandown Valley Crescent, Sandown, Sandton, Gauteng, at 09:30 on Thursday, 25 August 2005.
01 Jun 2005 16:30:53
(C)
Revenue of R372.3m (R347.5m) was 7.1% higher than the previous year or 12.2% higher if compared to turnover levels of the businesses remaining in the group. Operating expenses decreased by 2.9% to R234.9m (R241.8m), largely a result of an active focus on cost control. The net result was a 30% increase in profit from operations to R137.3m (R105.7m). Strong cash generation resulted in net interest earned of R13.9m for the year, compared to interest paid of R1.6 million the previous year. The positive swing to interest received, together with no amortisation of goodwill as a result of a required change in accounting policy, helped boost profit from ordinary activities by 86.9% to R153.6m (R82.2m). Without the goodwill benefit, earnings from ordinary activities would have increased by 42.9%.



Headline earnings increased by 37.2% to R93.9m (R68.5m), with headline earnings per share up 45.1% to 48.2c (33.2c). Given the group`s strong cash flow generation and notwithstanding share repurchases totalling R32.5m during the course of the year, the directors have resolved to declare a dividend of 12cps, an increase of 140% on the previous year.



Prospects

The Peregrine group`s focus on wealth management through Citadel and its strong positioning at several levels in the South African asset management arena, particularly in the area of hedge funds, are expected to be significant drivers of future profitability. Peregrine`s R18bn asset base and its broking related businesses now provide the group with a relatively predictable level of ongoing annuity cash flow. In addition to this, a substantial portion of the assets under management are subject to performance fee participations. As such, Peregrine`s financial performance, on an annual basis, will continue to be closely linked to the investment performance of its underlying businesses. The directors are confident that the business model of continuing to invest in businesses which build Peregrine`s annuity level of earnings whilst retaining significant upside gearing to positive investment performance, will yield substantial value to shareholders over the medium to longer term.
10-Oct-2018
(X)


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