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08-Nov-2018
(Official Notice)
Posting of integrated report and AGM Notice

Shareholders are advised that the integrated annual report for the year ended 31 July 2018 has been distributed to shareholders who opted to receive a copy and may be accessed on the Company?s website www.irphumelela.com. The integrated annual report contains no modifications to the condensed consolidated audited results for the year ended 31 July 2018 published on SENS on 05 October 2018.



Notice of AGM

Notice is hereby given that the annual general meeting of shareholders of Phumelela Gaming and Leisure Ltd. will be held at 09:00 on Tuesday, 11 December 2018 in the Centenary Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice.



The record date on which shareholders must be recorded as such in the register maintained by the transfer secretaries of the Company for the purposes of determining which shareholders are entitled to participate in and vote at the AGM is Friday, 30 November 2018. Accordingly, the last date to trade in order to be registered in the Company?s register of shareholders is Tuesday, 27 November 2018.



Shareholders are requested to submit their voting instructions / completed forms of proxy to the Company?s Transfer Secretaries (Computershare Investor Services) no later than 10:00 on Thursday, 6 December 2018, for administrative purposes. A copy of the AGM Notice may be accessed on the Company?s website www.irphumelela.com.



Broad-based economic empowerment certificate

In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act has been published and is available on the Company?s website www.irphumelela.com.
05-Oct-2018
(C)
21-Sep-2018
(Official Notice)
The board announced the appointment of Mr Moses Tembe as Lead Independent director with immediate effect.



In compliance with the Companies Act (71 of 2008) and the company?s memorandum of incorporation, the above appointment shall be put to shareholders for approval at the upcoming annual general meeting on 11 December 2018.
18-Sep-2018
(Official Notice)
The board of directors hereby notifies its shareholders that Mr Rian du Plessis has tendered his resignation as CEO of Phumelela Gaming and Leisure Ltd. (?the Company?) for personal reasons, effective from 17 September 2018. Rian has committed to assist his successor until the end of March 2019 to ensure a smooth transition.



Rian has full confidence in the Company?s executive management team, underlying business fundamentals and strategic direction and has undertaken not to dispose of any Phumelela shares held directly or indirectly by him, his family or otherwise in the foreseeable future.



The board advises that Mr John Stuart, the current executive director: International Operations, has been appointed to fulfil the role as CEO.



With more than 39 years of experience in the horse racing and gaming industry, the board welcomes John?s increased participation in the business and looks forward to his ongoing contribution.



The Company?s financial results announcement scheduled for 5 October 2018 will be delivered by the new CEO.
18-Jul-2018
(Official Notice)
The board of directors of Phumelela has engaged in initial conceptual discussions with stakeholders of thoroughbred horses and breeders and the Thoroughbred Trust (?the Trust?) with regards to the administration of horseracing in South Africa and tote betting, which if successful could result in a change in ownership of the administration of horseracing and/or tote betting and /or the restructure thereof (?Restructure?).



The Restructure is conceptual at this stage, is very complex and will require numerous approvals and engagement with many industry participants and regulatory bodies. A further announcement will be made if it becomes likely that agreement can be reached between the relevant parties, which given the complexity and the number of stakeholders involved, is expected to be after approximately 3 months.
16-Jul-2018
(Official Notice)
The board announced the following additions and changes to the board.



Appointment of independent non-executive directors to the board

Ms Fikile Magubane:

Non-executive director and member of the audit and risk committee



Ms Lindiwe Rakharebe

Non-executive director and member of the social and ethics committee



Mr S?celo Mahlalela

Non-executive director and member of the audit and risk committee



In compliance with the Companies Act (71 of 2008) and the company?s memorandum of incorporation, the above appointments shall be put to shareholders for approval at the upcoming annual general meeting on 11 December 2018.



Board committees

The board also confirmed the following appointments to board committees:

o Mr Siza Khampepe as member of the remuneration and nominations committee; and

o Ms Nolwandle Mboweni as member of the social and ethics committee in addition to her membership to the audit and risk committee.
28-Mar-2018
(Official Notice)
Shareholders are referred to the SENS announcement released on 24 January 2018 announcing the appointment of Mr Steve Muller as a non-executive director and member of the Audit and Risk Committee (?the Committee?).



The Phumelela board of Directors (?the board?) announced that at its meeting held on 27 March 2018 Mr Steve Muller has been nominated as Chairman of the Audit and Risk Committee with effect from 03 July 2018.



Mr Rob Cooper, the current Audit and Risk Committee Chairman, shall remain a member of this Committee to ensure a seamless transition.
28-Mar-2018
(C)
Income for the interim period decreased by 2% to R797.7 million (2017: R813.6 million), profit attributable to ordinary equity holders of the parent jumped 24% to R84.6 million (2017: R68 million), while headline earnings per share fell 9% to 81.66 cents per share (2017: 90.19 cents per share).



Dividend

The Board has declared an interim gross cash dividend from income reserves of 42.00 cents per share (33.60 cents per share net of dividend withholding tax at a rate of 20%) payable to shareholders recorded in the register on Thursday, 26 April 2018.



Company prospects

The increase in VAT announced in the budget will have a negative financial impact on the Group with effect from 1 April 2018. The annualised impact is estimated at R10 million and the impact on the Group's 2018 financial year is therefore estimated at R3.3 million.



Phumelela will enjoy the benefit of a full year of a 50% share of both Supabets and Interbet earnings. These businesses are proving to be excellent investments with positive operational learnings for the Group as a whole.



Despite a difficult macroeconomic backdrop, our Betting Operations locally are performing satisfactorily in a competitive market place. Our international Betting Operations continue to make good progress and further initiatives are in the pipeline. Demand for quality South African horseracing content abroad is positive for the Media business.



Although the local economy and discretionary income is under pressure, recent political developments in South Africa are positive for business and investor confidence. Arising from this positive turn of events is a much stronger rand, with the currency appreciating in recent months by approximately 20%. This will be a headwind for international earnings translated to rand; however, we measure our business in local currencies and strive to record real growth in constant currency terms.



The Group will give consideration to buying further shares, as it is authorised to do.
24-Jan-2018
(Official Notice)
The Phumelela board of directors (?the Board?) announces that Mr Steve Muller has been appointed to the board as a non-executive director and member of the audit committee with immediate effect.

13-Dec-2017
(Official Notice)
Further to the announcement released on SENS on 06 October 2017 in respect of certain changes to the Board, shareholders are advised that Mr Peter Malungani retired on 12 December 2017 after serving the Board for the past 20 years. Mr Bernard Kantor, the current independent non-executive director, will assume the role of chairman with immediate effect.
12-Dec-2017
(Official Notice)
Phumelela shareholders are advised that at the Annual General Meeting of members held on 12 December 2017, all the ordinary and special resolutions as proposed in the Notice of Annual General Meeting were approved by the requisite majority of members.
06-Dec-2017
(Official Notice)
Shareholders are advised that Mr Markus Jooste has resigned as a non-executive director of the Company with immediate effect.







09-Nov-2017
(Official Notice)
Shareholders are advised that the Integrated Annual Report for the year ended 31 July 2017 has been distributed to shareholders who opted to receive a copy and may be accessed on the Company?s website www.irphumelela.com. The Integrated Annual Report contains no modifications to the condensed consolidated audited results for the year ended 31 July 2017 published on SENS on 06 October 2017.



Notice of AGM

Notice was given that the annual general meeting of shareholders of Phumelela will be held at 09:00 on Tuesday, 12 December 2017 in the Centenary Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice.



The record date on which shareholders must be recorded in the register maintained by the transfer secretaries of the Company for the purposes of determining which shareholders are entitled to participate in and vote at the AGM is Friday, 1 December 2017. Accordingly, the last date to trade in order to be registered in the Company?s register of shareholders is Tuesday, 28 November 2017.



Shareholders are requested to submit their voting instructions / completed forms of proxy to the Company?s Transfer Secretaries (Computershare Investor Services) no later than 10:00 on Friday, 8 December 2017, for administrative purposes. A copy of the AGM Notice may be accessed on the Company?s website www.irphumelela.com.



Broad-Based Black Economic Empowerment certificate

In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act has been published and is available on the Company?s website www.irphumelela.com.
06-Oct-2017
(C)
24-Aug-2017
(Official Notice)
The Phumelela board of directors (?the board?) wishes to inform shareholders that Mr Brian Finch has resigned from the Board effective 25 August 2017 for personal reasons.
17-May-2017
(Official Notice)
Shareholders are advised that Mpho Ramafalo has resigned as an executive director of the Company effective 30 June 2017, in order to pursue other interests.
21-Apr-2017
(C)
Net income rose to R763.8 million (R749.5 million). Profit from operations lowered to R25.1 million (R33.2 million). Profit attributable to equity holders grew to R68.0 million (R65.0 million). Furthermore, headline earnings per share increased to 90.19 cents per share (87.21 cents per share).



Dividend

Notice is hereby given that the Board has declared an interim gross cash dividend from income reserves of 34.00 cents per share (27.20 cents per share net of dividend withholding tax at a rate of 20%) payable to shareholders recorded in the register on Friday, 26 May 2017.



Company prospects

The acquisition of 50% of Supabets opens an exciting new chapter for Phumelela and we have already identified opportunities for the extraction of synergistic benefits and growth with our partners. Supabets will contribute for the remaining five months of the financial year and is anticipated to be earnings per share accretive after allowing for a higher weighted average number of shares in issue. The circular to shareholders, dated 19 August 2016, provides granular detail on the pro forma financial effects in this regard.



Also with effect from 1 March 2017, the Group increased its shareholding in Interbet from 26% to 50%. The increased shareholding was funded by bank debt and is also expected to be earnings per share accretive.



The local tote operations are under pressure in a difficult economic climate but the fixed odds operation is leveraging positively off the Group's investment in facilities and the popularity of the product offering. Cost savings and managerial efficiencies are being implemented.



International operations, comprising the export of live televisual South African horseracing, the import of live televisual international horseracing, and pari-mutuel betting through PGI on the Isle of Man, are doing well. Real growth in foreign currency income is anticipated for the full year.



The Group is targeting growth in earnings per share for the year, the extent of which will be dependent on foreign exchange movements.
08-Mar-2017
(Official Notice)
In compliance with Section 3.59 of the Listings Requirements of the JSE Ltd., the Phumelela Board of Directors (?the Board?) is pleased to announce that Mr Photios Anastassopoulos has been appointed to the Board as a non-executive director with immediate effect. In compliance with the Companies Act (71 of 2008) and the Company?s Memorandum of Incorporation, the appointment shall be put to shareholders for approval at the upcoming Annual General Meeting on 12 December 2017.

02-Mar-2017
(Official Notice)
Phumelela shareholders (?Shareholders?) are referred to the announcements released by Phumelela on the Stock Exchange News Service of the JSE Ltd. regarding the acquisition by Phumelela of a 50% interest in Supabets SA Holdings (Pty) Ltd (?Supabets?) and the funding thereof.



Shareholders are advised that all approvals and conditions have been obtained and the 50% ownership in Supabets has been transferred to Phumelela.



06-Feb-2017
(Official Notice)
Phumelela shareholders (?Shareholders?) are referred to the circular (?Circular?) dated Tuesday, 17 January 2017 relating to the renounceable rights offer of R289 million (?Rights Offer?). The Rights Offer consisted of an offer of 16 602 230 Phumelela shares (?Rights Offer Shares?) in the ratio of 21.91067 Rights Offer Shares for every 100 ordinary shares held on the record date of the Rights Offer, at a subscription price of R17.39 per Rights Offer Share.



The Rights Offer closed at 12h00 on Friday, 3 February 2017 and was significantly oversubscribed. Following the conclusion of the Rights Offer, the total issued share capital of the Company will increase to 93 704 115 shares.
16-Jan-2017
(Official Notice)
Further to the finalisation announcement released on the Stock Exchange News Service (?SENS?) of the JSE Ltd. (?JSE?) on Wednesday, 11 January 2017 in respect of the fully committed renounceable rights offer (?Rights Offer?), Phumelela shareholders (?Shareholders?) are advised that certain employees of Phumelela are now entitled to participate in the Rights Offer following the receipt of shares in terms of the Company?s share incentive scheme.



Accordingly, Phumelela has now applied to list an additional 271 005 Rights Offer shares (?Rights Offer Shares?) and an additional 271 005 letters of allocation to take into account those employees who are now entitled to participate in the Rights Offer. The maximum number of Rights Offer shares to be listed and letters of allocation will increase from 16 331 225 to 16 602 230. The amount Phumelela proposes to raise in respect of the Rights Offer will increase by approximately R5 million to R289 million.



Save for the information mentioned above all other salient terms of the Rights Offer remain unchanged.

11-Jan-2017
(Official Notice)
10-Jan-2017
(Official Notice)
01-Dec-2016
(Official Notice)
Phumelela shareholders are advised that at the Annual General Meeting of members held on 01 December 2016, all the ordinary and special resolutions as proposed in the Notice of Annual General Meeting were approved by the requisite majority of members. In this regard,



Phumelela confirms the voting statistics from the Annual General Meeting as follows:

*Total number of shares that could be voted at meeting: 100%, 74,954,762

*Total number of shares present/represented including proxies at meeting (including shares abstained from voting): 85%, 63,384,575



28-Oct-2016
(Official Notice)
Shareholders are advised that the Integrated Annual Report for the year ended 31 July 2016 has been distributed to shareholders who opted to receive a copy and may be accessed on the Company?s website www.irphumelela.com. The Integrated Annual Report contains no modifications to the condensed consolidated audited results for the year ended 31 July 2016 published on SENS on 07 October 2016.



Notice is hereby given that the annual general meeting of shareholders of Phumelela Gaming and Leisure Limited will be held at 09:00 on Thursday, 1 December 2016 in the Bold Cherry Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice.



07-Oct-2016
(C)
Net income for the year grew 17% to R1.5 billion (R1.3 billion). Profit from operations fell 46% to R43.1 million (R79.3 million). Profit attributable to ordinary equity holders jumped 53% to R121.9 million (R79.5 million). Furthermore, headline earnings per share rose 41% to 164.51 cents per share (117.06 cents per share).



Dividend

Notice is hereby given that the board has declared a final gross cash dividend from income reserves of 70 cents per share (59.50 cents per share net of dividend withholding tax at a rate of 15%) payable to shareholders recorded in the register on Friday 4 November 2016.



Prospects

The acquisition of Supabets is to be funded through a combination of new shares issued to the seller, a rights issue to shareholders and any remainder through the Group's cash and debt facilities. The investment is expected to contribute positively to earnings per share going forward.



Phumelela's international operations thrive on the quality of the year-round South African horseracing, for which there is strong and growing demand. Phumelela is opening up new markets to South African punters. The Group's agreement with Arena Racing Company will contribute meaningfully to Group earnings in 2017.



The Group is delivering the anticipated returns from investments made in the fixed odds retail footprint and expects further improvement in profitability in 2017.



Off a strong platform and with the benefit of acquisitions, the Group is targeting another year of real growth in earnings per share.
21-Sep-2016
(Official Notice)
Phumelela shareholders (?Phumelela Shareholders?) are referred to the announcement published on the stock exchange news service (?SENS?) of the JSE Ltd. (?JSE?) on 19 August 2016, regarding the posting of a circular (?Circular?) including a notice of general meeting (?General Meeting?) of Phumelela Shareholders and are hereby advised that at the General Meeting held today, Wednesday, 21 September 2016, the ordinary and special resolutions contained in the notice of General Meeting, were passed by the requisite majority of votes of Phumelela Shareholders present in person or represented by proxy at the General Meeting.



Phumelela Shareholders are advised that the following conditions precedent are still outstanding as at 21 September 2016, inter alia:

- the completion of a financial and legal due diligence on Supabets;

- the requisite approvals required by the Gauteng Gambling Board being obtained; and

- the requisite approvals required by the KwaZulu-Natal Gaming and Betting Board and the Mpumalanga Gambling Board being obtained.



After the fulfilment or waiver, as the case may be, of all existing conditions precedent as detailed above, Phumelela will undertake a rights offer to fund the acquisition. A declaration announcement detailing the terms of the rights offer will be released on SENS in due course.
16-Sep-2016
(Official Notice)
Phumelela shareholders (?Shareholders?) are referred to paragraph 4.1 of the circular posted on 19 August 2016 relating to the acquisition by Phumelela of a 50% interest in Supabets SA Holdings (Pty) Ltd. (?Supabets?) from the Anastassopoulos family (?AF?) wherein it was advised that once the sustainable net profit after tax (?Sustainable NPAT?) achieved for the 12 month period from 1 March 2015 to 29 February 2016 had been agreed between Phumelela, KPMG and the AF and the resultant purchase consideration calculated, this would be communicated to Shareholders. Phumelela can confirm that the Sustainable NPAT has been agreed and is in the amount of R94.5 million. The resultant purchase consideration payable by Phumelela for the 50% interest in Supabets is R437 million.
15-Sep-2016
(Official Notice)
Phumelela is currently finalising its results for the financial year ended 31 July 2016.



The directors anticipate that earnings per share (?EPS?) for the year ended 31 July 2016 will increase by between 52% and 57%. In cents per share, EPS is expected to increase from last year?s 105,98 cents to between 161,08 and 166,38 cents per share.



Furthermore, the directors anticipate that headline earnings per share (?HEPS?) for the year ended 31 July 2016 is expected to increase by between 38% and 43%. In cents per share, HEPS is expected to increase from last year?s 117,06 cents to between 161,54 and 167,39 cents per share.



The results are underpinned by a strong performance from fixed odds and international operations with tote betting on soccer contributing to the overall performance.



Phumelela?s financial results for the year ended 31 July 2016 are scheduled to be released on SENS on Friday 7 October 2016.



The financial information on which this trading statement is based has not been reviewed or reported on by the company?s external auditors and represents the best estimates of management.





19-Aug-2016
(Official Notice)
05-Aug-2016
(Official Notice)
Shareholders are referred to the announcement released by Phumelela on 12 February 2016 regarding the delay in posting of the circular to shareholders relating to the acquisition of an interest in Supabets SA Holdings (Pty) Ltd. Shareholders are advised that the circular will be posted by no later than 31 August 2016.



27-Jul-2016
(Official Notice)
Shareholders are advised that on 20 March 2014, the Gauteng Off-Course Bookmakers? Association (?BA?) and others lodged a complaint with the Competition Commission. The complaint was lodged against Phumelela, Gold Circle, Kenilworth Racing, Tellytrack and others. The complainants alleged, inter alia, that the conduct of Tellytrack and its partners (Phumelela, Gold Circle and Kenilworth Racing) of increasing the subscription fee for bookmakers was not only excessive, but also with the intent and effect of lessening or preventing competition by 3rd party bookmakers in the downstream market. The complainants alleged that the conduct of Tellytrack and its partners contravenes numerous sections of the Competition Act.



On 22 July 2016, the Competition Commission advised that it had considered the complaint and decided not to refer any part of it to the Competition Tribunal for determination.



The complainants have 20 business days to refer the complaint to the Tribunal.



From the letters received from the Competition Commission on 15 July 2016 (The KZN Bookmakers? Complaint), 20 July 2016 (The Hollywood Complaint) and 22 July 2016 (the BA Complaint) Phumelela concludes that the Competition Commission did not find the Tellytrack licence fee excessive.



Phumelela wishes to remind all Bookmakers who have not been licensed by Tellytrack to display its service in their shops and are doing so, that Tellytrack will take all the necessary steps to stop the infringement of its intellectual property. Such steps include civil as well as criminal proceedings.





27-Jul-2016
(Official Notice)
Shareholders are advised that on 25 July 2014, Hollywood Sportsbook Gauteng (Pty) Ltd (?Hollywood Sportsbook?) and others lodged a complaint with the Competition Commission. The complaint was lodged against Phumelela, Gold Circle, Kenilworth Racing, Tellytrack and others. The complainants alleged, inter alia, that the conduct of Tellytrack and its partners (Phumelela, Gold Circle and Kenilworth Racing) of increasing the subscription fee for bookmakers was not only excessive, but also with the intent and effect of lessening or preventing competition by 3rd party bookmakers in the downstream market. The complainants alleged that the conduct of Tellytrack and its partners contravenes numerous sections of the Competition Act.



On 20 July 2016, the Competition Commission advised that it had considered the complaint and decided not to refer any part of it to the Competition Tribunal for determination.



The complainants have 20 business days to refer the complaint to the Tribunal.







19-Jul-2016
(Official Notice)
Shareholders are advised that on 4 March 2015, the Kwazulu-Natal Bookmakers Society (?KZNBS?) and others lodged a complaint with the Competition Commission. The complaint was lodged against Phumelela, Gold Circle, Kenilworth Racing, Tellytrack and others. The complainants alleged, inter alia, that the conduct of Tellytrack and its partners (Phumelela, Gold Circle and Kenilworth Racing) of increasing the subscription fee for bookmakers was not only excessive, but also with the intent and effect of lessening or preventing competition by 3rd party bookmakers in the downstream market. The complainants alleged that the conduct of Tellytrack and its partners contravenes numerous sections of the Competition Act.



On 13 July 2016, the Competition Commission advised that it had considered the complaint and decided not to refer any part of it to the Competition Tribunal for determination.



The complainants have 20 business days to refer the complaint to the Tribunal.







29-Apr-2016
(Official Notice)
15-Apr-2016
(C)
Income for the interim period rose to R786.5 million (R659.7 million). Profit from operations lowered to R33.2 million (R45.7 million). Profit attributable to ordinary equity holders jumped to R65.0 million (49.7 million). Furthermore, headline earnings per share were higher at R87.21 cents per shares (65.69 cents per share).



Dividend

Notice is hereby given that the board has declared an interim gross cash dividend from income reserves of 34 cents per share (28.90 cents per share net of dividend withholding tax at a rate of 15%) payable to shareholders recorded in the register on Friday, 20 May 2016.



Prospects

The landmark agreement with ARC is effective 1 June 2016. A positive contribution in the final two months of this financial year is expected and will contribute meaningfully to group earnings thereafter.



The group's investment in Afribet is not expected to contribute to profits in this financial year, but is expected to do so in the medium and long term.



The Group's substantial investment in growing Betting World's footprint is yielding results with returns expected to continue.



Interbet will contribute positively for a full year in 2016 compared with nine months in 2015.



With a strong balance sheet, there is substantial headroom for investment in new growth vectors.



Phumelela management are vigorously pursuing diversification and expansion opportunities locally and abroad, as evidenced recently by the investment in Interbet and Afribet and the proposed investment in Supabets and are further expanding visual broadcasts and Tote betting in existing as well as new markets.



The group has had a successful first half and is targeting real growth in earnings per share for the remainder of the financial year.
01-Apr-2016
(Official Notice)
Phumelela announces that it expects earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the six month period ended 31 January 2016 to be between 30% and 35% higher than the prior comparative period ended 31 January 2015 (?comparative period?), with EPS between 85,75 cents and 89,04 cents per share and HEPS between 85,39 cents and 88,68 cents per share; using accounting policies consistent with those used in the comparative period (comparative period EPS and HEPS were 65,96 cents and 65,69 cents per share respectively).



This trading statement has not been reviewed or reported on by Phumelela`s external auditors. The release of the results for the six month period ended 31 January 2016 is expected to be on or about 15 April 2016.







12-Feb-2016
(Official Notice)
Shareholders are referred to the announcement released by Phumelela on SENS on 9 December 2015, relating to the acquisition of an interest in Supabets SA Holdings Proprietary Limited (?Supabets?), and are advised that the posting of the circular to shareholders relating to this transaction has been delayed.



The restructure process to consolidate all existing Supabets entities into a single company, the transfer of bookmaking licenses thereto and the preparation of consolidated historical accounts is still ongoing.



It is now anticipated that the circular will be posted to shareholders by no later than 31 July 2016.
09-Dec-2015
(Official Notice)
03-Dec-2015
(Official Notice)
Phumelela shareholders are advised that at the Annual General Meeting of members held on 03 December 2015, all the ordinary and special resolutions as proposed in the Notice of Annual General Meeting were approved by the requisite majority of members.



In this regard, Phumelela confirms the voting statistics from the Annual General Meeting as follows:

*Total number of shares that could be voted at meeting : 100%; 74 525 485

*Total number of shares present/represented including proxies at meeting (including shares abstained from voting) :67% ; 49 585 843

*Total number of shares present/represented including proxies at meeting (excluding shares abstained from voting) :67% ; 49 585 843
02-Dec-2015
(Official Notice)
Further to the cautionary announcement released on SENS on 19 October 2015, shareholders are advised that the company is still in discussions and negotiations, which if successfully concluded may have a material effect on the company?s securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
30-Oct-2015
(Official Notice)
With regard to the audited results for the year ended 31 July 2015, shareholders are advised that the Annual Integrated Report which includes the Annual Financial Statements and the Notice of the Annual General Meeting were distributed to shareholders on 30 October 2015. The Annual Financial Statements contained no modifications to the audited results which were published on SENS on 2 October 2015.



The Annual Financial Statements were audited by KPMG Incorporated. Their report is available for inspection at the company's registered office.



Notice of annual general meeting

Notice is hereby given that the sixteenth Annual General Meeting of Phumelela Gaming and Leisure Ltd. will be held at 09h00 on Thursday 3 December 2015 in the Bold Cherry Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice.
19-Oct-2015
(Official Notice)
Further to the cautionary announcement released on SENS on 07 September 2015, shareholders are advised that the company is still in discussions and negotiations, which if successfully concluded may have a material effect on the company?s securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
08-Oct-2015
(Official Notice)
In compliance with Section 3.59 of the Listings Requirements of the JSE Ltd., the Phumelela Board of Directors (?the Board?) announced that Mr Brian Finch has been appointed to the Board as a non-executive director with effect from 08 October 2015.



Brian currently serves as CEO of British American Tobacco South Africa and director of various BAT Group companies. He is passionate about the sport of horseracing and brings a wealth of knowledge as a horse owner and hobby breeder.



The Board welcomes Mr Finch and looks forward to his contribution.
02-Oct-2015
(C)
Income increased by 6% to R1.3 billion (R1.2 billion). Profit from operations were 28% higher at R79.3 million (R61.8 million). Net attributable profit to ordinary equity holders fell by 28% to R79.5 million (R110.4 million). In addition, headline earnings per share was down 11% to 117.06cps (132.10cps).



Dividend

Notice is hereby given that the Board has declared a final gross cash dividend from income reserves of 60 cents per share.



Prospects

Phumelela is making good progress in diversifying and expanding its business. In 2016 we anticipate yielding improved returns from investments made. Our financial position is robust, we benefit from Rand weakness, we have negligible debt and we have substantial investment capacity. The success of our international operations is predicated on both quality of content, the year-round South African horseracing product, and the quality of the dissemination of that content through a simulcast televisual experience. Demand is buoyant and we are adding to our geographic mix.



Phumelela will continue to invest in the traditional business of thoroughbred horseracing to ensure it remains viable as an important local industry and one which international markets demand access to. Positive trends in tote betting volumes, on-course attendance and yearling sale prices are encouraging. Phumelela is committed to achieving an equitable funding dispensation for the sport of South African thoroughbred horseracing and to this end Tellytrack is resolute in taking all such measures as are open to it to combat theft of its intellectual property and achieve a fair economic return on its intellectual property.
21-Sep-2015
(Official Notice)
Phumelela is currently finalising its results for the financial year ended 31 July 2015. The directors anticipate that earnings per share (?EPS?) for the year ended 31 July 2015 will decrease by between 25% and 30%. In cents per share, EPS is expected to decrease from last year?s 146.1 cents to between 109.6 and 102,3 cents per share. Furthermore, the directors anticipate that headline earnings per share (?HEPS?) for the year ended 31 July 2015 is expected to decrease by between 10% and 15%. In cents per share, HEPS is expected to decrease from last year?s 132.1 cents to between 118.9 and 112.3 cents per share.



The decline in EPS is due to the Group impairing the 26% investment in Betting World Nigeria (?BWN?) and incurring a mark to market loss on its investment in Automatic Systems Ltd. (Mauritius) (?ASL?) as a result of the share price of ASL declining. The mark to market loss on ASL is not adjusted for HEPS calculation purposes and therefore included in HEPS. As reported on as a subsequent event in the interim results, the Group?s 26% interest in BWN was incurring losses and the company approached the controlling shareholders for additional funding. The controlling shareholders in BWN were not prepared to provide their proportionate share of the funding and accordingly BWN ceased trading on 13 March 2015. Therefore, the group?s exposure to BWN, comprising investment in and monies owed by, has been impaired.



As reported on in the first half, legal costs to combat abuse of intellectual property by certain bookmakers and related matters continued to be incurred in the second half and further affected EPS. Shareholders are also advised that headline earnings and HEPS from continuing operations on an adjusted basis, excluding the mark to market loss on ASL and the abnormally high legal costs, is expected to increase by between 5% and 10%. In cents per share, HEPS on an adjusted basis is expected to increase from last year?s 131.7 cents to between 138.3 and 144.9 cents per share



Phumelela?s financial results for the year ended 31 July 2015 are scheduled to be released on SENS on Friday 2 October 2015.
07-Sep-2015
(Official Notice)
Shareholders are advised that the Company has entered into negotiations which if successfully concluded may have a material effect on the Company?s securities. Accordingly shareholders are advised to exercise caution when dealing in the Company?s securities until a full announcement is made.
13-Apr-2015
(Media Comment)
Business Day reported that gaming specialist Phumelela will carefully examine opportunities to enter the local casino sector. Phumelela?s current gaming offering revolves around tote betting for horse racing and sports, as well as fixed-odds sports betting. But a recent proposed takeover of casino group Peermont by larger rival Sun International has raised the possibility of a number of smaller casinos being spun out of the merged entity and sold. CEO Rian du Plessis confirmed Phumelela was aware of possible developments around smaller casinos at Peermont and Sun International. "We would certainly look at such opportunities ? but very carefully," du Plessis commented.
10-Apr-2015
(C)
Income rose 12% to R659.7 million (R586.6 million). Net income increased by 9% to R641.2 million (R589.5 million). Profit from operations increased 34% to R41.0 million (R30.7 million). Net attributable profit was down 4% to R49.7 million (R51.7 million). In addition, headline earnings per share came in at 65.69cps (67.77cps).



Dividend

Notice is hereby given that the Board has declared an interim gross cash dividend from income reserves of 28 cents per share.



Prospects

Phumelela?s traditional business of staging horseracing and conducting tote betting thereon remains loss making. The labour-intensive sport of horseracing, the value chain of which benefits many, including government tax receipts, cannot be sustained if it is to be funded and regulated inequitably. In our guidance last year, we made it quite clear that Phumelela is committed to achieving an equitable funding dispensation that nurtures and grows this important sport. We also said that Tellytrack is determined to take all such measures as are open to it to achieve a fair economic return and to protect its intellectual property rights, however long it takes and irrespective of cost. The events that have unfolded during the period under review have strengthened our resolve to do so.



While PGI continues to operate in a competitive environment, it has an exciting pipeline of new betting opportunities that is expected to compensate for the decline in revenues and provide additional growth opportunities. Commingling, notably into large offshore pools, offers excellent growth prospects. Phumelela will continue to be a leading platform to punters for South African and international betting.



Our initiatives to grow complementary betting opportunities to horseracing are bearing fruit and are providing a solid and profitable underpin to our local activities. The strategic shareholding that we have acquired in Interbet is an exciting new development. Interbet is expected to be earnings accretive to the Group and it dovetails very well with our diversification strategy.
16-Feb-2015
(Official Notice)
Shareholders are advised that Ms Freda Moloi has been appointed company secretary of Phumelela with effect from 16 February 2015.
04-Dec-2014
(Official Notice)
Phumelela shareholders are advised that at the Annual General Meeting of members held on Thursday, 4 December 2014, all the ordinary and special resolutions as proposed in the Notice of Annual General Meeting were approved by the requisite majority of members.
31-Oct-2014
(Official Notice)
With regard to the audited results for the year ended 31 July 2014, shareholders are advised that the Annual Integrated Report which includes the Annual Financial Statements and the Notice of the Annual General Meeting were distributed to shareholders on 31 October 2014. The Annual Financial Statements contained no modifications to the audited results which were published on SENS on 3 October 2014.



The Annual Financial Statements were audited by KPMG Incorporated. Their report is available for inspection at the company's registered office.



Notice of annual general meeting

Notice is hereby given that the fifteenth Annual General Meeting of Phumelela Gaming and Leisure Ltd. will be held at 09h00 on Thursday 4 December 2014 in the Bold Cherry Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
03-Oct-2014
(C)
Income increased by 17% to R1.2 billion (R1.0 billion). Net attributable profit rose by 29% to R110.4 million (R85.9 million). In addition, headline earnings per share was up 15% to 132.10cps (114.46cps).



Dividend

A final gross ordinary dividend of 60cps has been declared.



Prospects

The Group's international operations, tote bets on sports, other than horseracing and fixed odds numbers betting, continue to grow. A proactive strategy to diversify and offer innovative betting opportunities internationally has become an essential component of the growth and financial success of Phumelela.



Further opportunities for international development have been identified, including sports betting, and Phumelela will continue to be a leading platform to betting customers for South African and international betting.



Under consideration are further initiatives that support the competitive appeal of South African thoroughbred horseracing, which has shown an encouraging renewal of interest, growth and on-course attendance.



Phumelela remains committed to achieving a more equitable contribution to the cost of funding the sport of South African horseracing between bookmakers and totalisator operators. We fully support the Tellytrack initiatives to replace the current model, whereby mere local broadcast production costs are recovered and nothing is paid to international operators, to a model where a fair economic return is earned by South African as well as international racing operators from bookmakers who commercially exploit the live racing picture for betting purposes. Although 174 bookmakers have lawfully subscribed for Tellytrack's services, numerous other bookmakers, who are insisting that Tellytrack must continue to be made available to them on a mere cost recovery basis, have found unlawful means to obtain and display South African and certain international racing in their betting shops. Tellytrack has instituted civil proceedings and is in the process of instituting criminal proceedings against such bookmakers and is determined to take all such measures as are open to it to protect its intellectual property rights, however long it takes and irrespective of cost.



The Group continues to target real growth in earnings per share.
18-Sep-2014
(Official Notice)
Phumelela announces for the year ended 31 July 2014, that it expects basic earnings per share to be between 25% and 35% higher than the prior comparative period and headline earnings per share to be between 10% and 20% higher than the prior comparative period and using accounting policies consistent with those used in the comparative period. The release of the announcement of the results for the year 31 July 2014 is expected to be on 3 October 2014.
11-Apr-2014
(C)
Income rose 19% to R586.6 million (R491.5 million). Net income increased by 22% to R589.5 million (R482.7 million). Profit from operations declined 29% to R30.7 million (R43.1 million). Net attributable profit was up 32% to R51.7 million (R39.1 million). In addition, headline earnings per share grew by 30% to 67.77cps (52.26cps).



Dividend

A gross interim ordinary dividend of 28cps has been declared.



Outlook

The sport of thoroughbred horse racing in South Africa is growing again, with on course betting and attendances growing by more than 10%. Tellytrack's agreements with the three bookmaker associations have ended and it has made its services available to all bookmakers for display in their betting outlets at a fee which should enable Tellytrack to earn a fair economic return going forward. Phumelela is hopeful that the future Tellytrack license fees will contribute to a reduction in the imbalance of the funding of the sport in South Africa. The group's international operations, soccer pools and fixed odds numbers betting continue to enjoy buoyant demand. The group continues to target real growth in earnings per share.
02-Apr-2014
(Official Notice)
Phumelela announces that it expects headline earnings per share and basic earnings per share for the six month period ended 31 January 2014 to be between 25% and 35% higher than the prior comparative period, using accounting policies consistent with those used in the comparative period. The release of the results for the six month period ended 31 January 2014 is expected to be on 11 April 2014.
04-Dec-2013
(Official Notice)
Shareholders are advised that at the Annual General Meeting of Phumelela shareholders held on Wednesday, 4th December 2013, the ordinary and special resolutions proposed in terms of the Notice of Annual General Meeting dated 31 October 2013 were all passed by the requisite majorities.
31-Oct-2013
(Official Notice)
With regard to the audited results for the year ended 31 July 2013, shareholders are advised that the Annual Integrated Report which includes the Annual Financial Statements and the Notice of the Annual General Meeting were distributed to shareholders on 31 October 2013. The Annual Financial Statements contained no modifications to the audited results which were published on SENS on 1 October 2013.



The Annual Financial Statements were audited by KPMG Incorporated. Their report is available for inspection at the Company's registered office.



Notice of annual general meeting

Notice is hereby given that the fourteenth Annual General Meeting of Phumelela will be held at 09h00 on Wednesday 4 December 2013 in the Bold Cherry Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
02-Oct-2013
(Media Comment)
According to Business Report, strong growth in international operations, which accounted for 87 percent of group pretax profit, combined with a weaker rand helped tote operator Phumelela Gaming and Leisure to lift headline earnings per share by 26 percent in the year to July. Chief executive Rian du Plessis said the company was asking for more favourable tax treatment for the industry because of its higher level of employment than some other forms of gambling. An independent survey has shown that horse racing was 22 percent more labour intensive than a casino, with many of the jobs provided in rural areas where more work opportunities were badly needed.
01-Oct-2013
(C)
Income increased to R1 billion (R936.5 million). Net attributable profit rose by 25% to R85.9 million (R68.7 million). In addition, headline earnings per share was up 26% to 114.46cps (90.99cps).



Dividend

A final gross ordinary dividend of 60cps has been declared.



Outlook

The group's traditional business of horseracing and tote betting thereon remains of concern. Management has made representations to government and the gambling boards and entered into discussions with bookmaker associations with a view to reaching a more equitable funding mechanism for the sport and is hopeful of achieving tangible results during the course of the 2014 financial year. The group's sports pools, fixed odds operations and international operations have started the new year well. Initial indications are that the changes to the Pick 6 rules have had a markedly positive effect on pool sizes. New bets planned for the 2014 financial year include an attractive daily bet with large pools. The group continues to target real growth in earnings per share.
17-Sep-2013
(Official Notice)
Phumelela announced that it expects headline earnings per share and basic earnings per share for the twelve months ended 31 July 2013 to be between 20% and 30% higher than the prior comparative period, using accounting policies consistent with those used in the comparative period. The release of the announcement of the results for the twelve-month period ended 31 July 2013 is expected to be on 1 October 2013.
27-May-2013
(Official Notice)
Shareholders are advised that the Hellenic Republic Asset Development Fund's (HRADF) Board of Directors qualified 2PU, the consortium formed by Phumelela and Pari Mutuel Urbain(PMU) (Paris, France) are participating in a tender procedure for the grant of the exclusive right to organize and conduct pari - mutual betting ("Tote") on horse races in Greece for a period of 20 years. A further announcement will be made, in due course, informing shareholders of the result of the tender application.

11-Apr-2013
(C)
Income was up 9% to R491.5 million (R451.7 million). Net attributable profit rose 10% to R39.1 million (R35.6 million). In addition, headline earnings per share grew 17% to 52.26cps (44.67cps).



Dividend

An interim ordinary dividend of 28cps has been declared.



Outlook

The group's Tote Sports Pools, fixed odds operations and international operations continue to enjoy good demand. Management continues to target growth in earnings for the full year.
05-Dec-2012
(Official Notice)
Shareholders are advised that at the annual general meeting of Phumelela shareholders held on Wednesday, 5th December 2012, the ordinary and special resolutions proposed in terms of the notice of annual general meeting dated 31 October 2012 were all passed by the requisite majorities.
31-Oct-2012
(Official Notice)
With regard to the audited results for the year ended 31 July 2012, shareholders are advised that the annual financial statements were distributed to shareholders on 31 October 2012 and contained no modifications to the audited results which were published on SENS on 26 September 2012. The annual financial statements were audited by KPMG. Their report is available for inspection at the company's registered office.



Notice is hereby given that the thirteenth annual general meeting of Phumelela Gaming and Leisure Limited shareholders will be held at 09h00 on Wednesday 5 December 2012 in the Harry's Charm Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
26-Sep-2012
(C)
Income from operations increased 6% to R936.5 million (2011: R883.2 million). Profit from operations fell 16% to R82.5 million (2011; R98.4 million). Net profit attributable to equity holders jumped 10% to R68.7 million (2011: R62.4 million). Furthermore, headline earnings per share shot up 9% to 90.99cps (2011: 83.19cps).



Dividend

The board has declared a final cash dividend of 51cps (2011: 43cps).



Prospects

The group's tote sports pools, fixed odds betting and international operations continue to enjoy buoyant demand. The profitability of the group's traditional business of staging horseracing and offering tote betting thereon remains of concern and continues to receive managements full attention.



Management continues to target growth in earnings for the 2013 financial year.
19-Jul-2012
(Official Notice)
Shareholders are advised that subsequent to the retirement of Mr Tony Wintour, as company secretary with effect from 30 June 2012, Mr Rushen Gopaul has been appointed as company secretary with effect from 1 July 2012.
19-Apr-2012
(C)
Income was up by 2% to R451.7 million (R443.4 million). Net attributable profit rose by 11% to R35.6 million (R32 million). In addition, headline earnings per share grew by 4% to 44.67c (42.96cps).



Dividend

An interim ordinary dividend of 25cps has been declared.



Outlook

The group's international operations continue to enjoy good demand and are expected to perform in line with the results achieved at half year. The same is expected of the group's local tote turnovers on sports other than horseracing. The profitability achieved by the group's local tote betting operations on horseracing remains of concern and continues to receive management's full attention.



The group has made extensive submissions to parliament requesting that government urgently address the imbalances between tote and bookmaker betting and their respective contributions to the funding of the sport. The Parliamentary sub-committee tasked with reviewing all aspects of gambling and betting in South Africa recently recommended, inter alia, that legislation be amended to outlaw the open bet and that the intellectual property rights of sporting codes are recognized and leveraged in terms of betting activities. If these amendments to legislation are introduced, it should have a positive effect on the group's earnings. It is not however realistically expected that any such changes will be implemented before the group's year end. Management continues to target growth in earnings for the full year.
06-Dec-2011
(Official Notice)
Shareholders are advised that at the annual general meeting all the resolutions set out in the notice were passed by the requisite majority of shareholders. The relevant special resolutions will be submitted to the Companies and Intellectual Property Commission in due course.
01-Nov-2011
(Official Notice)
With regard to the audited results for the year ended 31 July 2011, shareholders were advised that the annual financial statements were distributed to shareholders on 1 November 2011 and contained no modifications to the audited results which were published on SENS on 30 September 2011.



Notice of annual general meeting

Notice was given that the twelfth annual general meeting of Phumelela Gaming and Leisure Ltd shareholders will be held at 15h00 on Tuesday 6 December 2011 in the Harry's Charm Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
30-Sep-2011
(C)
Total income increased by 4% to R883.2 million (July 2010: R849.5 million). Profit from operations rose by 5% to R98.4 million (July 2010: R93.9 million), while profit attributable to equity holders decreased to R62.4 million (July 2010: R63.3 million). Headline earnings per share increased by 5% to 83.19cps (July 2010: 78.96cps).



Dividend

Notice is hereby given that the board has declared a final dividend of 43cps payable to shareholders.



Prospects

The parlous state of global economies and the potential impact of a further recession in the USA and Europe on the South African economy is uncertain. However the Group?s international operations will benefit from a full year of the new contract with SiS, should the Rand remain at present levels against the British Pound and the Euro, the group's earnings from offshore will also benefit. The Group has recently launched the Rugby5 bet and initial pools have exceeded expectations. The group's soccer pool bets continue to grow and the recently launched Soccer10 bet has been very successful. It is hoped that the government will address the imbalance between the Tote and bookmaker betting and their respective contributions to the funding of the sport. Whilst this should have a positive effect on the Group?s earnings, it is not realistically expected during the course of this financial year. Management is targeting growth in earnings. This forecast has not been reviewed or reported on by the company's auditors.
11-Apr-2011
(Media Comment)
According to Business report, Phumelela Gaming and Leisure, a South African organiser of horse races and betting, reported lower first half profit on Friday as the company grappled with sluggish business in its domestic market and rand strength weighed on its international performance. Even so, the company forecast improvement in the second half of the year as local betting continued to stabilise. Phumelela said attributable earnings for the six months to January fell by 17 percent to R32 million. Looking ahead, Phumelela said it was looking to grow its local business. Rian du Plessis, the company's chief executive , said Phumelela was considering the introduction of new betting products. "We will be looking at introducing rugby, cricket and maybe golf bets to boost our turnover this year," he said.
08-Apr-2011
(C)
Total revenue for the interim period ended 31 January 2011 contracted slightly to R443.4 million (January 2010: R447.4 million) and profit from operations dropped to R54.2 million (January 2010: R58 million). Profit attributable to ordinary shareholders fell to R32 million (January 2010: R38.6 million, while headline earnings per share decreased to 42.96cps (January 2010: 47.10cps).



Dividend

The board has declared an interim dividend of 25 cents per share for the six month period ended 31 January 2011.



Prospects

Despite difficult trading conditions management is encouraged by a marked improvement in the local betting handle trend from January 2011 to date. If the current momentum is maintained local operations are positioned for growth in the second half. International operations continue to trade well despite rand strength and the loss of the RUK rights. The financial forecast has not been reviewed or reported on by the group's auditors. Management remains cautiously optimistic of a stronger performance in the second half of the year.
07-Apr-2011
(Official Notice)
Phumelela Gold Enterprises (PGE) and Tabcorp announced an important development in their strategic relationship. PGE and Tabcorp will jointly own the international totalisator gateway business currently operated by Phumelela Gold International, a Phumelela Group company based on the Isle of Man (subject to satisfaction of conditions mentioned below). The relationship will take the form of an incorporated joint venture known as Premier Gateway International (PGI). Tabcorp is the first international tote operator to accept the invitation to join PGE in the gateway business. PGE and Tabcorp share the vision of global co-mingling and this joint venture between the two organisations is the first step towards achieving that goal.



The variety of systems and technologies utilised for tote betting in racing jurisdictions across the globe is a major hurdle to global co-mingling. This is due to the significant reciprocal investments in time and resources which are required to co-mingle tote pools. A global tote gateway, such as PGI, expedites and facilitates co-mingling because once a tote system is connected to the gateway, it will have access to other tote systems around the world that are already linked to the gateway.



The establishment of the PGI joint venture is conditional on Tabcorp, Phumelela and PGI receiving necessary regulatory and racing industry approvals and a number of additional agreements being agreed and finalised between Phumelela and Tabcorp.
08 Dec 2010 13:11:27
(Official Notice)
Shareholders are advised that at the annual general meeting all the resolutions set out in the notice and proposed at the meeting were passed by the requisite majority of shareholders. The special resolution will be submitted for registration at CIPRO in due course.
02 Nov 2010 16:10:36
(Official Notice)
With regard to the audited results for the year ended 31 July 2010, shareholders were advised that the annual financial statements were distributed to shareholders on 29 October 2010 and contained no modifications to the audited results which were published on SENS on 4 October 2010. The annual financial statements were audited by KPMG. Their report is available for inspection at the company's registered office.



Notice of annual general meeting

Notice was given that the eleventh annual general meeting of Phumelela shareholders will be held at 9h00 on Wednesday 8 December 2010 in the Bold Cherry Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg, to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
04 Oct 2010 14:45:58
(Official Notice)
Mr Vee Moodley has been appointed as Betting Executive Director and Mr John Stuart has been appointed as International Executive Director of the company, both with effect from 1 October 2010.
04 Oct 2010 08:54:25
(C)
Total revenue increased by 6% to R849.5 million (July 2009: R804.3 million). EBITDA rose by 3% to R123.8 million (July 2009: R120 million), while profit attributable to equity holders decreased by 10% to R63.3 million (July 2009: R70.7 million). Headline earnings per share decreased by 16% to 78.96cps (July 2009: 93.67cps).



Dividend

The board has declared a final dividend of 43cps.



Prospects

Trading conditions, both locally and internationally, are expected to remain challenging in the short to medium term. Continued emphasis will be on cost containment, growing local revenues by expanding the retail footprint, through the use of technology and the introduction of new bet types and exploring additional international business opportunities.
02 Jul 2010 16:38:43
(Official Notice)
Shareholders are advised that following the successful launch of fractional tote betting in England last month, the UK Tote and Phumelela Gold Enterprises (PGE) have entered into a ground-breaking agreement that will create new opportunities for commingling tote bets in the UK and South Africa into single pools. The UK Tote's introduction of fractional betting paves the way for UK punters in Tote Direct shops to bet into TAB pools on South African races. South African punters already bet into UK Tote pools, but the new deal enables the UK Tote to offer commingling on more bet types including the Trifecta. Fractional betting is offered on the Trifecta in South Africa and the roll-out of fractional betting in the UK now enables Trifecta pools to be commingled. The agreement marks another exciting development in both PGE and the UK Tote's rapidly expanding overseas business and will provide more opportunities for tote punters in the UK and South Africa to bet into commingled, and therefore bigger, tote pools.



UK betting shop customers will have the opportunity to take a range of bet types into TAB pools in South African, as well as multi-leg exotic bets that are popular in the UK. This new opportunity, part of the UK Tote International Service to bookmakers, is expected to commence later this year. As always with commingled pools, the rules and takeouts of the host tote will apply. TAB customers should note that the takeout from UK Tote Trifecta and Swinger pools is 26% and 30% respectively, but takeouts from Win and Place pools are much lower at 13.5% and 18% respectively. One of the success stories of the UK Tote's commercial partnership with PGE has been the launch of the Swinger, a popular bet in South Africa, on UK racing in June 2008.
08 Apr 2010 09:42:23
(C)
Total revenue for the interim period ended 31 January 2010 increased by 9% to R447.4 million (2009: R409.4 million). Profit before income tax increased by 10% to R62.7 million (2009: R56.9 million) and attributable earnings increased by 2% to R38.6 million (2009: R37.7 million). Headline earnings and headline earnings per share decreased by 6% to R35.6 million (2009: R38.1 million) and 47.10 cents per share (2009: 50.18 cents per share) respectively.



Dividend

The board declared an interim dividend of 17.5 cents per share and a cash distribution by way of a capital reduction out of share premium of 7.5 cents per share payable to shareholders.



Prospects

Trading conditions, both locally and internationally, are expected to remain challenging in the short to medium term. Continued emphasis will be on cost containment, growing local revenues through the use of technology and the introduction of new bet types and exploring alternate international business opportunities to replace the Racecourse Media Group agreement and expand the group's international customer base. Significant progress has been made in establishing alternative strategic relationships.
28 Jan 2010 08:03:53
(Official Notice)
Shareholders were advised that David Attenborough had resigned and will be leaving the company at the end of April 2010. David has accepted a position with Tabcorp Holdings Ltd in Australia and will, with effect from 1 May, become the managing director of Tabcorp's wagering division. We take this opportunity to thank David for his hard work and valued contribution to our business and to wish him and his family all of the very best for their future with Tabcorp and in Australia. We have a very strong working relationship with Tabcorp and look forward to working with David in his new role. Consideration will be given to a replacement in due course.
21 Jan 2010 08:03:48
(Media Comment)
The Financial Mail wrote that Phumelela will suffer a blow as a result of the loss of one of its major contracts. The company has lost the valuable rights to broadcast races from 30 UK racecourses and some Irish courses to betting outlets worldwide. However, Pumelala's financial director Andreas Heide does not seem to be too perturbed and says the company has identified other growth areas and is looking to expand in the East.
11 Jan 2010 08:04:19
(Official Notice)
Phumelela announces that Racecourse Media Group ("RMG") and At The Races are moving forward with a new joint venture company which will exploit the international distribution rights for all UK and Irish racecourses into bricks and mortar betting outlets worldwide. The international distribution rights currently held by Phumelela Gold Enterprises ("PGE") under agreement with RMG will accordingly terminate on 28 February 2010. Despite this latest development the relationship between RMG and PGE remains strong and both parties continue to explore business opportunities between them.
09 Dec 2009 11:42:09
(Official Notice)
Shareholders are advised that at the AGM of Phumelela shareholders held on Wednesday 9 December 2009, the special resolution and ordinary resolutions proposed in terms of the notice of annual general meeting dated 31 October 2009, were all passed by the requisite majorities. The special resolution will be submitted to CIPRO for registration.
30 Oct 2009 17:26:28
(Official Notice)
Shareholders are advised that the annual financial statements were distributed to shareholders on 30 October 2009 and contained no modifications to the audited results which were published on SENS on 2 October 2009. The annual financial statements were audited by KPMG. Their report is available for inspection at the company's registered office.



Notice is hereby given that the tenth annual general meeting of Phumelela Gaming and Leisure Ltd shareholders will be held at 9h00hrs on Wednesday 9 December 2009 in the Bold Cherry Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice forming part of the annual financial statements
02 Oct 2009 18:04:29
(C)
Total revenue increased by 3% to R804.3 million (2008: R782.6 million) with the increase derived mainly from international operations. Total operating expenses and overheads increased by 7% to R679 million (2008: R634.7 million). Headline earnings decreased by 21% to R70.9 million (2008: R89.4 million) and HEPS decreased by 20% to 93.67c per share (2008: 117.20c per share).



Dividend

The board declared a final dividend of 43cps.



Prospects

Trading conditions both locally and internationally are expected to remain challenging in the short to medium term. Continued emphasis will be on cost containment, growing local revenues through the use of technology and the introduction of new bet types and expanding our international customer base.
23 Sep 2009 17:48:44
(Official Notice)
Phumelela announced that it expects headline earnings per share for the twelve months ended 31 July 2009 to be between 15% and 25% lower, and basic earnings per share, that included the R27.8 million profit on disposal of the Bloemfontein Racecourse in the prior year, to be between 30% and 40% lower than the prior comparative period, using accounting policies consistent with those used in the comparative period. The release of the announcement of the results for the twelve-month period ended 31 July 2009 is expected to be on 5 October 2009.
09 Sep 2009 16:42:29
(Official Notice)
Mr A Heide has been appointed as financial director of the company with effect from 9 September 2009.
29 May 2009 14:32:15
(Official Notice)
James Satchwell Tennant has resigned as a director of the company with effect from 29 May 2009.
14 May 2009 09:39:02
(Official Notice)
Phumelela's joint venture, Phumelela Gold Enterprises (PGE) and Dragonfish, the independent B2B division of 888 Holdings Plc, announced the signing of a strategic agreement that potentially could provide a significant boost to South African horseracing.



In terms of the agreement, South African races will be screened live on the internet through Dragonfish licensees and 888.com, whose customers will be able to take tote bets on these races with TAB utilising their Dragonfish licensee or 888 accounts.



Dragonfish offers a market-leading e-payments service and back-end software that allow swift integration into 888's shared wallet, cashier and customer support systems. PGE's agreement with Dragonfish is also a boost for the partnership between PGE and Racing UK (RUK), a group of 30 UK racecourses. PGE holds the international broadcast rights to RUK races, which will also be web streamed live on Dragonfish licensee and 888 platforms to customers resident outside the UK and Ireland. PGE's racing content will accordingly be exposed to 888's huge online global customer base and plans to add horseracing content from other countries to Dragonfish licensees and 888 platforms into the future.



The agreement will enable Dragonfish to provide a comprehensive sports-book and online gaming offering through PGE in South Africa when the necessary regulations are in place.
16 Apr 2009 09:17:26
(Official Notice)
Shareholders are advised that the financial information contained in the 'Prospects' paragraph of the company's interim financial results released on 3 April 2009, was not reviewed or reported on by the company's auditors.
03 Apr 2009 17:32:25
(C)
Turnover increased from R1 341 852 million to R1 440 126 million in 2009.Operating profit decreased to R53 809 million (2008:R90 731 million). Profit attributable to ordinary shareholders decreased to R37 731 million (R64 968 million). Headline earnings on a per share basis decreased to 50.18cps (54.40cps).



Dividends per share

An interim dividend of 25.0 cps was declared for the period under review.



Prospects

Short to medium term trading conditions in South Africa are expected to continue to be challenging. The adverse trading conditions have been further exacerbated by inclement weather conditions that have caused the cancellation of race meetings in South Africa and the United Kingdom in February and March. Management remains confident that its international operations, although impacted by delays in new customers commencing betting, are well positioned to continue to grow in the second six months and beyond. Headline earnings for the full year are expected to be below the previous year, with growth resuming in the 2010 financial year.
15 Jan 2009 15:33:50
(Official Notice)
Shareholders are advised that Mr R Cooper has been appointed as a non-executive director of the company with effect from 14 January 2009. Additionally, Mr W A du Plessis has been appointed as an executive director of the company with effect from 14 January 2009.
05 Dec 2008 15:23:40
(Official Notice)
Shareholders are advised that at the annual general meeting of Phumelela Gaming and Leisure Ltd shareholders held on Friday 5 December 2008, the special resolution and ordinary resolutions proposed in terms of the notice of annual general meeting dated 31 October 2008, were all passed by the requisite majorities. The special resolution will be submitted to the Companies and Intellectual Property Registration Office in due course.
05 Nov 2008 09:54:50
(Official Notice)
With regard to the audited results for the year ended 31 July 2008, shareholders are advised that the annual financial statements were distributed to shareholders on 31 October 2008 and contained no modifications to the audited results which were published on SENS on 29 September 2008. The annual financial statements were audited by KPMG. Their report is available for inspection at the company's registered office.



Notice of annual general meeting

Notice was given that the ninth annual general meeting of Phumelela shareholders will be held at 9h00 on Friday, 5 December 2008 in the Harry's Charm Room, Turffontein Racecourse, 14 Turf Club Street, Turffontein, Johannesburg to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.
29 Sep 2008 15:04:13
(C)
Revenue increased by 15% year on year to R2.7 billion (R2.4 billion) with revenue from local operations up 9% to R2.5 billion and revenue from international operations up 118% to R256.6 million (R117.5 million). The financial position of the group which is set out in the balance sheet shows total assets of R510.1 million (R425.3 million) including cash balances of R144.2 million (R139.1 million). Cash generated from operating activities decreased by 18% to R150.4 million (R183.3 million).



Dividends

The board has declared a final dividend of 43cps (40cps) for the year ended 31 July 2008.



Prospects

Short to medium-term trading conditions in South Africa are expected to be negatively impacted by the current economic climate compounded by inflationary pressures and higher interest rates curbing consumer spend. Management remains confident that its international operations are well positioned to unlock further growth and are therefore targeting growth in earnings for the 2009 financial year.
22 Jul 2008 08:34:13
(Media Comment)
According to Business Day, Phumelela aims to grow internationally and believes that new CEO Rian du Plessis is the right man to do this. Du Plessis will also be CEO of the company's international arm, Phumelela Gold Enterprises. Commenting on foreign acquisitions, du Plessis was pleased with the performance of the group's international investments but pointed to the huge opportunities in Europe and the east, saying that "if we don't take them, someone else will". Du Plessis also said that as the company has little gearing and R100 million in cash, Phumelela was well placed to make further acquisitions.
27 Jun 2008 16:24:32
(Official Notice)
Willem Adriaan du Plessis (47) has been appointed group CEO of Phumelela and CEO of the company?s international arm, Phumelela Gold Enterprises, with effect from 1 August 2008. On the same date David Attenborough (45), currently Phumelela`s Chief Operating Officer, will become CEO of Phumelela`s South African-based operations.
17 Apr 2008 10:58:23
(Media Comment)
Finweek reported that Phumelela could be interested in making a casino investment. The group has already ventured close to mainstream gaming with its entry into the limited payout machine (LPM) sector. But when asked about this, CEO Jim Tennant has declined to make any meaningful comment.
02 Apr 2008 15:03:37
(C)
Revenue for the six months increased by 17% on the comparative period to R1.3 billion (R1.1 billion) with local revenue up 12% and international revenue up 153%. Profit from operations increased to R90.7 million (R87.4 million), and profit attributable to ordinary shareholders rose slightly to R65 million (R64.5 million). In addition, headline earnings on a per share basis declined by 40% to 54.4cps (90.42cps).



Dividend

An ordinary interim dividend of 25cps has been declared.



Prospects

Local trading conditions are expected to be tougher following the challenges the economy has to face. However, provided the macro-economic conditions do not deteriorate further, management expects real earnings growth in the six months ending 31 July 2008 and remains confident of the long-term outlook for local and international operations.
14 Mar 2008 16:59:05
(Official Notice)
Phumelela announces that it expects headline earnings and headline earnings per share, from continuing operating activities for the six months ended 31 January 2008 to be between 20% and 25%, higher than the prior comparative period, using accounting policies consistent with those used in the comparative period. Due to the favourable impact on earnings of the net proceeds of R36.3 million received on termination of the Newmarket use agreement, included in the prior comparative period, headline earnings per share will be between 35 % and 40% lower. Basic earnings per share will be unchanged due to the inclusion of the surplus on disposal of the Bloemfontein Racecourse of R27.8 million in the six months to 31 January 2008. The release of the announcement of the results for the six month period ended 31 January 2008 is expected to be on 2 April 2008.
13 Mar 2008 11:03:51
(Official Notice)
Phumelela advised shareholders that the appeal lodged against the Gauteng Department of Agriculture Conservation - Environment?s decision to authorise the installation of light masts and lamps at Turffontein Racecourse has been dismissed. The decision of the Head of Department authorizing the project has been upheld and planning with the contractors will now resume. Subject to any unknown constraints it is anticipated that the first night race meeting will be held at Turffontein during the latter part of calendar 2008.
23 Mar 2006 17:35:29
(C)
Headline earnings increased by 41% to R28.95 million (R20.51 million) with headline earnings per share up 38% to 40.01cps (28.91cps). International operations turned a loss from operations of R6.5 million in the comparative period to a profit from operations of R4.2 million. Revenue was up 9% to R1.04 billion (R0.96 billion) with local revenue up 8% and international revenue up 156% as the signing of international contracts gained momentum. Local revenue growth was below expectation after cancellation/abandonment of many meetings due to inclement weather conditions experienced since November 2005. Net profit to shareholders rose to R29.0 million (20.5 million). Cash and cash equivalents increased by R5.3 million to R56.4 million at 31 January 2006. Cash generated by operating activities of R56.7 million funded taxation payments of R18.5 million, a cash distribution out of share premium of R17.4 million, capital expenditure of R18.8 million and investments of R1.5 million.



Dividend

The board has declared an interim dividend of 8cps and a cash distribution out of share premium of 8cps in lieu of a dividend, payable to shareholders on Tuesday, 2 May 2006.



Prospects

The growth in international operations should continue in the second half of the year with profits expected to improve on those of the first half. Local operations should benefit from the buoyant economy and the on-going investment in the retail footprint and betting technology. Betting turnovers for February have been negatively impacted by the loss of race meetings due to inclement weather conditions, however, on the assumption that the group can reschedule lost meetings; local operations are expected to yield real growth in the second half of the year.
20 Feb 2006 17:44:42
(Official Notice)
Phumelela has announced that it expects earnings per share and headline earnings per share for the six months ended 31 January 2006 to be between 35% and 40% higher than the prior comparative period, using accounting policies consistent with those used in the comparative period, which have been restated in accordance with International Financial Reporting Standards (IFRS). The release of the announcement of the interim results for the six-month period ended 31 January 2006 is expected to be on 23 March 2006.
22 Dec 2005 15:05:31
(Official Notice)
Shareholders are advised that C J H Van Niekerk and M J Jooste have been appointed as directors of the company with effect from 21 December 2005. Chris Van Niekerk is the Chairman of the Racing Association, the body which fosters the interests of the sport of horse racing. He has extensive business experience through his involvement in the Steinhoff Group and is the chief executive officer of one of its subsidiaries P G Bison. Marcus Jooste is a member of the board of the racing association and is the chief executive of Steinhoff International Holdings Ltd.
09 Dec 2005 15:21:54
(Official Notice)
Shareholders are advised that all resolutions were passed at the annual general meeting held today, 9 December 2005 and the special resolution will accordingly be lodged with the Registrar of Companies.
28 Nov 2005 12:58:51
(Official Notice)
Dr E Nkosi has been appointed as a director of the company with effect from 25 November 2005. Elijah Nkosi is the Chairman of Dihla Investment Holdings (Pty) Ltd, a group of diverse Black Economic Empowerment shareholders. He is a medical practitioner by profession.
02 Nov 2005 13:14:39
(Official Notice)
Shareholders are advised that the trial against the company's insurers, in respect of the claim for losses following the December 2003 outbreak of equine flu, which was scheduled for 3 November 2005, has at the instance of the insurers been postponed. Application is being made for a new trial date, as soon as possible, and once this has been obtained shareholders will be advised accordingly.

31 Oct 2005 16:00:37
(Official Notice)
The audited results for the year ended 31 July 2005, which were published on SENS on 29 September 2005, contain no modifications.



Notice of annual general meeting :

The sixth annual general meeting of Phumelela will be held at 9h00 on Friday 9 December 2005.

07 Oct 2005 11:51:57
(Official Notice)
Shareholders are advised that the resolution, granting the directors of the company the general authority to make a capital distribution, was passed at the general meeting held today, 7 October 2005. Shareholders are reminded of the following salient dates in respect of the capital distribution of 24cps, declared on Thursday, 29 September 2005:

*Last day to trade cum distribution: Friday, 14 October 2005

*Trading commences ex distribution: Monday, 17 October 2005

*Record date: Friday, 21 October 2005

*Payment date: Monday, 24 October 2005
29 Sep 2005 18:12:02
(C)
Annual revenue increased 12% to R1.9bn (R1.7bn) with most of this growth flowing through to net betting income. Headline earnings increased to 61.59cps (55.01 cps) while earnings attributable to ordinary shareholders was reported to be R46.1m (R37.9m). A dividend of 24cps was declared out of share premium.



Prospects

The concluding of international contracts continues to gather pace and international operations are expected to make a contribution to profits in the year ending 31 July 2006. The strong local economy together with further investment in expanding and upgrading the retail and telebetting channels, while leveraging technology such as GPRS betting and providing better access to information with more betting opportunities should deliver real growth in operating profits.
22 Sep 2005 16:03:09
(Official Notice)
Shareholders are advised that a circular was posted to shareholders today advising that the directors of Phumelela have proposed the reduction of the share capital, subject to the approval of Phumelela shareholders in general meeting, by repaying to shareholders from the company`s share premium account. The distribution announcement will be released on SENS on Thursday, 29 September 2005. Payments in respect of the distribution will be made to shareholders on Monday, 24 October 2005, recorded in the register on Friday, 21 October 2005. The last day to trade will be Friday, 14 October 2005 and Phumelela shares starts trading ex distribution on Monday, 17 October 2005.
02 Aug 2005 14:39:28
(Official Notice)
Shareholders are advised that Mr K J Hlongwane has vacated his office as a director of the company with effect from 29 July 2005.
01 Jul 2005 09:56:47
(Official Notice)
Phumelela has announced the appointment of David Attenborough (Chief Operating Officer) and Mpho Ramafalo (Betting and Compliance Executive) as executive directors of the company with effect from 30 June 2005.
24 Jun 2005 14:07:13
(Media Comment)
Phumelela intends to spend R27m on refurbishing its 124 TAB branches said Business Day on 24 June 05.
05-Feb-2018
(X)
The Group owns five racecourses with allied training centres in Gauteng, Free State, Northern Cape and Eastern Cape, and manages a standalone training centre in Gauteng. The Group stages approximately 250 race meetings annually and provides betting opportunities primarily on horseracing via its totalisator system and a network of branches, agents, an internet betting site, cellular phone and telephone betting (telebet) centres.



The branch and agent outlets are situated in the above mentioned provinces plus Limpopo, Mpumalanga and North West. Betting opportunities are also offered through the Group's subsidiary company Betting World (Pty) Ltd., a licensed bookmaking concern.



The Group jointly owns Supabets SA Holdings (Pty) Ltd. and Uptonvale (Pty) Ltd. (trading as Interbet), two leading bookmaking concerns licensed and operating in South Africa.



International

The Group continues to expand its international presence by capitalising on its simulcast products and coverage and its strong technological platform that allows for international commingling of betting pools.



The Group jointly owns Premier Gateway International Ltd. with its partner Tabcorp Holdings Ltd. (Australia), a company incorporated in The Isle of Man (IOM). The Company owns a totalisator licence in the IOM and provides betting/commingling opportunities via its online totalisator operation to a worldwide customer base.



The Tellytrack Partnership, a joint operation between Phumelela Gaming and Leisure Ltd., Gold Circle (Pty) Ltd. and Kenilworth Racing (Pty) Ltd. operates a television studio that broadcasts live horseracing audio, visual and data from South Africa, the UK and other international racecourses to betting shops and private subscribers worldwide.


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