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11-Oct-2017
(Official Notice)
The RMIHH board wishes to advise the market of the following executive management changes at two RMIH portfolio companies:



Outsurance Holdings Ltd.

The CEO of OUTsurance, Willem Roos, has resigned with effect from 31 December 2017. Willem remains committed to OUTsurance and will support the business through this transition. He will retain his shareholding in OUTsurance and remain on the board. OUTsurance has a strong management team who are deeply entrenched in the organisation, with extensive operational experience at the group. These members embody the entrepreneurial OUTsurance culture and ethos, ensuring continuity and stability of the business model.



Willem has left a lasting mark on the OUTsurance business that he founded and on the broader RMIH group. The RMIH board extends its appreciation to Willem for his immense contribution, and wishes him and his family all the best in this next chapter. Willem is relocating his family to Stellenbosch and will be taking up an executive position with the 4G+ mobile start-up business, Rain.



RMI Investment Managers (RMIIM)

The CEO of RMIIM, Chris Meyer, will be leaving his role with effect from 31 December 2017. Chris will be relocating with his family to Sydney, Australia.



RMIIM currently comprises a portfolio of nine affiliate asset managers, all of whom run successful independent businesses. The affiliate model of asset management that RMIHIM deploys and the minority equity stakes that it owns in each affiliate, ensures that RMIIM?s primary role is as a supportive and strategic shareholder. Each of these affiliates has substantially strengthened their business since RMIIM?s involvement and has a solid foundation for future growth.



Since starting the business in 2015, Chris has built a strong senior team of eight financial sector specialists, each with an average of ten to 20 years? experience. The RMIH board wishes Chris well in his future endeavours and thanks him for his vision and drive to build RMIIM to its current position.



The RMIH, OUTsurance and RMIIM boards are committed to ensuring an orderly handover process and continuation in the respective businesses. The RMIH board will update the market on the leadership changes for both businesses as soon as appointments have been made.
09-Oct-2017
(Official Notice)
05-Oct-2017
(Official Notice)
02-Oct-2017
(Official Notice)
Shareholders are advised that the annual compliance report in terms of Section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act No.46 of 2013, is available on RMIH?s website at www.rmih.co.za.
19-Sep-2017
(Official Notice)
Shareholders of the company (the "RMIH Shareholders") are referred to the announcement released on SENS on Tuesday, 19 September, 2017 relating to the (i) approval of the capitalisation, upon the recommendation of the board of directors of the company (the ?directors?), of up to R978 697 424.90 (being an amount standing to the credit of the company's distributable reserves) (the "Capitalised Amount"); (ii) granting of authorisation for the directors to allot and issue (and to apply the Capitalised Amount to any issuance of the Capitalisation Shares, as defined below) up to a maximum of 25 755 195 RMIH ordinary shares of R0.0001 cents each (?RMIH Shares?) (fully paid up and having an aggregate notional issue price of up to the Capitalised Amount) as capitalisation shares (the "Capitalisation Shares") to RMIH Shareholders; and (iii) approval of the issue of such number of ordinary shares (the "Reinvestment Shares") as the directors in their discretion may determine in terms of any reinvestment option provided to RMIH Shareholders (the "Reinvestment Option") in relation to or in connection with the cash dividend (as declared), provided that the number of RMIH Shares authorised to be issued as Capitalisation Shares and/or Reinvestment Shares shall not in aggregate exceed 25 755 195 RMIH Shares (together, "Ordinary Resolution"), which Ordinary Resolution is to be voted on in terms of section 60 of the Act.



The RMIH shareholders are advised that the Ordinary Resolution has been supported by sufficient RMIH Shareholders entitled to exercise voting rights in relation to the Ordinary Resolution and has consequently been adopted in terms of section 60(2) of the Act.



The company will deliver a statement in accordance with section 60(4) of the Act to the RMIH Shareholders in due course.
19-Sep-2017
(Official Notice)
19-Sep-2017
(C)
01-Sep-2017
(Official Notice)
In compliance with the JSE Ltd. Listings Requirements, RMI shareholders are advised of the appointment of Mr David Wilson as an alternate non-executive director to the RMIH board, effective 1 September 2017.



Ms Albertinah Kekana will be a non-executive director of RMI and not act as an alternate director to Mr Obakeng Phetwe, effective 1 September 2017.
21-Aug-2017
(Media Comment)
Business Day reported that RMI has made its maiden investment into a global fintech, alongside two of the world?s most renowned venture capital companies. Prodigy Finance, a marketplace lender for international MBA degrees, will announce a R3.19 billion fundraise, in which RMI?s fintech investment arm, AlphaCode, will acquire less than 5% of the company. It had appetite to increase this, said senior investment executive, Dominique Collett. This would go towards funding international postgraduate studies, said Prodigy Finance founder and CEO Cameron Stevens.
12-May-2017
(Official Notice)
Shareholders of RMI are advised that the company has increased its shareholding in OUTsurance Holdings Ltd. (?OUTsurance?). Following two transactions, as set out in this announcement, RMI?s shareholding in OUTsurance will increase from 84.1% to 87.5%.



OUTsurance acquisition of an indirect stake in Hastings As communicated in RMI?s interim results announcement and in the detailed cautionary announcement released on the Stock Exchange News Service on 13 March 2017, the company and OUTsurance have entered into an agreement in terms of which RMI will dispose of a 49% interest in RMI?s wholly-owned subsidiary, Main Street 1353 (Pty) Ltd. (?Main Street?), to OUTsurance (?the Proposed Transaction?). The Proposed Transaction will result in the 29.9% shareholding Main Street acquired in Hastings Group Holdings plc (?Hastings?) on 1 March 2017 being held in a 51%:49% partnership between RMI and OUTsurance. The Proposed Transaction will be concluded on similar terms to RMI?s initial investment in Hastings. OUTsurance will fund the Proposed Transaction through surplus cash and the issue of new shares at an effective OUTsurance equity value of R29.2 billion.



The Proposed Transaction remains subject, inter alia, to the requisite regulatory approvals.



Acquisition of additional OUTsurance shares

As set out in OUTsurance?s interim results, certain members of the executive team have recently become non-executive directors. This change in roles involved them indicating their intention to dispose of a portion of their OUTsurance shares. RMI has exercised its pre- emptive rights to acquire these shares (?Management Acquisition?). The Management Acquisition was executed at an effective OUTsurance equity value of R28.9 billion.



RMI issued 20 000 000 new shares (?New Ordinary Shares?) to existing RMI shareholders and the proceeds were utilised to fund the Management Acquisition.



Withdrawal of cautionary announcement

Following publication of this announcement, caution is no longer required to be exercised by RMI shareholders when dealing in their RMI shares.
13-Mar-2017
(Official Notice)
Shareholders are advised that RMI has entered into exclusive negotiations with its 84% subsidiary, OUTsurance Holdings Ltd. (?OUTsurance?), regarding the potential disposal by RMI of a 49% interest in Main Street 1353 Proprietary Limited (?Main Street 1353?), to OUTsurance (?the Proposed Transaction?).



Main Street 1353, a wholly-owned subsidiary of RMI, holds a 29.9% interest in Hastings Group Holdings plc (?Hastings?), which 29.9% interest was acquired with effect from 1 March 2017 and per the announcement released on the Stock Exchange News Service on 21 February 2017.



Rationale for the Proposed Transaction

The Proposed Transaction is consistent with RMI?s previously articulated strategy. This strategy includes playing an active role to optimise, diversify and modernise its investment portfolio through investments across a broad spectrum of scale and lifecycles of financial services businesses. The Proposed Transaction creates enhanced alignment between RMI and OUTsurance through co-operation and potential synergies that may be realised between Hastings and OUTsurance.



Albeit in different markets, OUTsurance and Hastings employ similar business models, specifically in relation to dynamic and analytical approaches to risk underwriting and the use of modern direct distribution channels. OUTsurance and Hastings have identified areas of potential collaboration that may include the sharing of best practices and learnings between the businesses, as appropriate.



Cautionary announcement

The Proposed Transaction remains subject, inter alia, to the necessary terms being agreed, including key terms pertaining to pricing, and to the requisite regulatory approvals being in place. Shareholders are therefore advised to exercise caution when dealing in the company?s securities until a further announcement is made.





13-Mar-2017
(C)
21-Feb-2017
(Official Notice)
Shareholders of RMI (?RMI Shareholders?) are referred to the announcement published on SENS on 14 December 2016 in relation to the acquisition by RMI (through Main Street 1353 (Pty) Ltd., a wholly-owned subsidiary of RMI) of up to 29.9% of the issued share capital of Hastings Group Holdings plc (?Hastings?) (?Acquisition?) at a price per share (depending on the closing dates) between 248 pence and 255 pence, for an aggregate cash consideration (depending on the closing dates) of between approximately GBP487.3 million and GBP499.5 million (?Acquisition Consideration?).



The Acquisition and the determination of the closing dates and the Acquisition Consideration was conditional upon the receipt of regulatory approvals from the Financial Surveillance Department of the South African Reserve Bank, the UK Financial Conduct Authority and the Gibraltar Financial Services Commission (the ?Regulators?).



RMI Shareholders are advised that the requisite regulatory approvals have been received from all three Regulators and the Closing Date of the Acquisition will be on 1 March 2017. The Acquisition Consideration will be a cash consideration of GBP487.3 million (248 pence per share).



As previously announced, RMI has also entered into a relationship agreement with Hastings (?Relationship Agreement?). Under the terms of the Relationship Agreement, RMI will be able to nominate for appointment a director to the board of Hastings (?Hastings Board?) and appoint an observer to the Hastings Board and to all standing committees of the Hastings Board (other than the nominations committee) for so long as RMI holds a direct or indirect interest of between 15% and 29.9% in the ordinary share capital of Hastings. The first such appointees will be Herman Bosman, CEO of RMI as the director and Willem Roos, CEO of OUTsurance Holdings Limited as the observer.
28-Nov-2016
(Official Notice)
At the sixth annual general meeting ("AGM") of the shareholders of RMI held on Thursday, 24 November 2016, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



Change in significant functions of a director

Mr Jan Jonathan Durand was elected as deputy chairman of the RMI board of directors effective from 25 November 2016.
27-Oct-2016
(Official Notice)
With regard to the audited results for the year ended 30 June 2016, shareholders are advised that the annual integrated report is scheduled to be distributed to shareholders today, 27 October 2016 and contains no modifications to the audited results which were published on the Stock Exchange News Service (?SENS?) on 12 September 2016.



Notice of the annual general meeting

Notice is hereby given that the sixth annual general meeting of shareholders will be held in the Dr AE Rupert boardroom, Remgro head office, Millennia Park, 16 Stellentia Avenue, Stellenbosch on Thursday, 24 November 2016 at 15:00 to transact the business as stated in the notice of annual general meeting forming part of the annual integrated report.
12-Sep-2016
(C)
23-Aug-2016
(Official Notice)
07-Mar-2016
(C)
01-Mar-2016
(Official Notice)
RMI advises the following changes to its board of directors:

*Mr L Crouse has resigned as alternate director to Mr JJ Durand, effective 31 March 2016.

*Mr F Knoetze has been appointed as an alternate director to Mr JJ Durand, effective 1 April 2016. Mr Knoetze is an actuary and holds a BCom (Hons) from the University of Stellenbosch. He joined Remgro Limited in 2014 where he currently focuses on the company?s interests in the financial services (insurance and banking) and sport industries.
22-Jan-2016
(Permanent)
Rand Merchant Insurance Holdings Ltd. renamed to Rand Merchant Investment Holdings Ltd. on 25 January 2016.
15-Jan-2016
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service (?SENS?) on Monday, 23 November 2015 advising, inter alia, that the special resolution to approve the change of the company?s name from ?Rand Merchant Insurance Holdings Ltd.? to ?Rand Merchant Investment Holdings Ltd.? was approved by the requisite majority of votes at the annual general meeting of shareholders held on Friday, 20 November 2015. This special resolution has been registered with the Companies and Intellectual Property Commission and there are no further conditions precedent outstanding.



The salient dates for the name change, as announced on SENS on Friday, 23 October 2015, therefore still apply as follows:

*Last day to trade under the old name ?Rand Merchant Insurance Holdings Ltd.? -- Friday, 22 January 2016

*Trade under the new name ?Rand Merchant Investment Holdings Ltd.? under the JSE share code ?RMI? and new ISIN code ZAE000210688 from commencement of trading on Monday, 25 January 2016

*Record date in respect of the name change -- Friday, 29 January 2016

*New share certificates reflecting the change of name posted by registered post to certificated shareholders who have surrendered their documents of title on or before 12:00 on the record date or within five business days of surrender thereof if received after 12:00 on the record date on Monday, 1 February 2016

*Dematerialised shareholders? accounts updated with the name change by their CSDP/broker on Monday, 1 February 2016
23-Nov-2015
(Official Notice)
At the fifth annual general meeting ("AGM") of the shareholders of RMI held on Friday, 20 November 2015, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes.



Change in significant functions of a director

Mr Johan Burger resigned from the audit and risk committee and the social, ethics and transformation committee of RMI on 20 November 2015. As per ordinary resolution 6.3 above, Mr Per-Erik Lagerstrom was appointed to the audit and risk committee of RMI at the AGM. He also joined the social, ethics and transformation committee of RMI effective from 20 November 2015.
23-Oct-2015
(Official Notice)
11-Sep-2015
(C)
07-May-2015
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Ltd. on 30 March 2015 in respect of the special resolutions relating to the adoption of a new memorandum of incorporation (?MOI?) which makes provision for an additional class of no par value preference shares.



Shareholders are advised that the special resolutions have been approved on 6 May 2015 and adopted in terms of section 60(2) of the Act.



The preference shareholder, holding 648 001 cumulative, redeemable preference shares with a par value of R0.0001 each, voted in favour of both special resolutions.



The special resolutions will be lodged for registration with the Companies and Intellectual Property Commission in due course.
08-Apr-2015
(Media Comment)
According to Business Day, RMIH looks to breaking into asset management space and expand into other financial services-related areas as part of its strategy to extend operations beyond its portfolio of investments in the insurance sector. The group is preparing an environment that will attract entrepreneurs to build businesses with RMIH. The strategy is to invest in "best-of-breed boutiques"" as well as establishing an in-house platform.
30-Mar-2015
(Official Notice)
Shareholders are advised that the notice to holders of ordinary shares in RMIH in respect of the proposed special resolutions to be adopted in terms of section 60 of the Companies Act, 71 of 2008 and a form of written consent ("the Notice") was posted on 30 March 2015. The special resolutions relate to the adoption of a new memorandum of incorporation which makes provision for an additional class of no par value preference shares.



Shareholders are advised that the Notice is available on the Company?s website at www.rminsurance.co.za.



Salient dates

* Record date to determine which shareholders are entitled to receive the Notice : 20 March

* Last day to trade in order to be entitled to vote on the special resolutions : 17 April

* Record date to determine which shareholders are entitled to vote on the special resolutions : 24 April

* Written consent to be received by the Company transfer secretaries : 6 May.
05-Mar-2015
(C)
26-Feb-2015
(Official Notice)
24-Nov-2014
(Official Notice)
At the fourth annual general meeting ("AGM") of the shareholders of RMIH held on Friday, 21 November 2014, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard, RMIH confirms the voting statistics from the AGM as follows:



Number of ordinary shares represented at the meeting: 1 204 640 998

Total issued number of ordinary shares: 1 485 688 346

Percentage ordinary shares represented at the meeting: 81.08%



The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.

24-Oct-2014
(Official Notice)
With regard to the audited results for the year ended 30 June 2014, shareholders are advised that the annual integrated report is scheduled to be distributed to shareholders today, 24 October 2014 and contains no modifications to the audited results which were published on SENS on 11 September 2014.



Due to the ongoing postal strike, significant uncertainty exists regarding the finalisation of the posting process and timing of delivery of the annual integrated report to shareholders. RMIH's annual integrated report is available on its website at www.rminsurance.co.za. Shareholders can also contact Mr Schalk Human on 011 282 8166 or by e-mail at schalk.human@rmbh.co.za to request an electronic version of the annual integrated report.



Notice of the annual general meeting

Notice is hereby given that the fourth annual general meeting of shareholders will be held in the executive boardroom, 4th floor, 4 Merchant Place, corner Fredman Drive and Rivonia Road, Sandton on Friday, 21 November 2014 at 11:00 to transact the business as stated in the notice of the annual general meeting forming part of the annual integrated report.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of annual general meeting -- Friday, 17 October 2014

*Last day to trade in order to be eligible to attend Friday, 7 and vote at the annual general meeting -- November 2014

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting -- Friday, 14 November 2014

*Forms of proxy for the annual general meeting to be lodged by 11:00 on* Wednesday, 19 November 2014

*any proxies not lodged by this time must be handed to the chairperson of the annual general meeting immediately prior to the annual general meeting.
11-Sep-2014
(C)
Income for the year ended 30 June 2014 shot up by 25% to R11.6 billion (2013: R9.2 billion). Profit for the year attributable to equity holders of RMI increased by 35% to R3.1 billion (2013: R2.3 billion). Furthermore, headline earnings per share rose by 28% to 194cps (2013: 151.1cps).



Cash dividend declaration

Notice is hereby given that a gross final dividend of 62cps payable out of income reserves was declared on 11 September 2014 in respect of the year ended 30 June 2014



Prospects

The South African consumer will be placed under further pressure due to the current interest rate hiking cycle. Growth in insurance new business volumes will remain largely dependent upon the economic environment, including a recovery in employment and stronger disposable income levels. All of the groups in which RMI are invested face both opportunities and threats posed by the highly regulated environment in which they operate, including evolving capital regimes as well as social security reform proposals. Notwithstanding these challenges, RMI expects to benefit from continued organic growth during the coming year.
29-Aug-2014
(Official Notice)
RMIH regards Normalised EPS (which excludes non-operational items and accounting anomalies) as the key indicator of the Group's operational performance.



Restatement of prior year comparative

Shareholders are advised that following a change in accounting policy by a subsidiary, the Group's Normalised EPS, HEPS and EPS for the prior year ended 30 June 2013 have been restated as follows:



Year ended 30 June 2013 -- As originally published and As restated

*Normalised EPS(cents) -- 169.9; 172.6

*HEPS(cents) -- 148.4; 151.1

*EPS(cents) -- 149.2; 152.0



Further analysis of the restatement will be provided in RMIH's audited results for the year ended 30 June 2014.



Earnings guidance for the year ended 30 June 2014

The following guidance is provided to shareholders regarding the expected outcome for the year ended 30 June 2014:



A. When compared to the results for the year ended 30 June 2013 as originally published

Original: Year ended 30 June 2013 and Guidance: Year ended 30 June 2014

*Normalised EPS(cents) -- 169.9; 17% to 23% increase

*HEPS(cents) -- 148.4; 28% to 34% increase

*EPS(cents) -- 149.2; 35% to 41% increase



B. When compared to the results for the year ended 30 June 2013 after restatement

Restated: Year ended 30 June 2013 and Guidance: Year ended 30 June 2014

*Normalised EPS(cents) -- 172.6; 15% to 21% increase

*HEPS(cents) -- 151.1; 25% to 31% increase

*EPS(cents) -- 152.0; 32% to 38% increase



RMIH's audited results for the year ended 30 June 2014 are expected to be released on SENS on Thursday, 11 September 2014.
01-Aug-2014
(Official Notice)
In compliance with the JSE Limited Listings Requirements, RMI shareholders are advised of the appointment of Mr MM Morobe as an independent non-executive director to the RMI Board, effective 1 August 2014.



Mr Murphy Morobe, Diploma in Project Management, MCEF- Princeton?91, has a career spanning more than 30 years covering inter alia the worlds of student activism, trade unionism, the public sector, politics, environment and conservation. A past CEO of Kagiso Media Limited, he is National Director of the Programme to Improve Learner Outcomes and continues to be involved in various social causes relating to youth development, environment and conservation. Mr Morobe also serves on the board of Remgro Limited as an independent non-executive director.
30-Jun-2014
(Official Notice)
RMIH shareholders are advised of the following changes to the RMIG Board of Directors, effective 30 June 2014.



Appointment of independent non-executive directors

* Mr JP Burger has been appointed as an independent non-executive director. Johan Burger, BCom(Hons), CA(SA), is the Deputy Chief Executive Officer of FirstRand Ltd. and Deputy Chairman of MMI Holdings Ltd.



* Mr P Lagerstr?m has been appointed as an independent non-executive director. Per Lagerstr?m, BSc (Accounting), MSc (Economics), is the founder and co-owner of the Energos Group, involved in people analytics. Previously, he headed up the Financial and Insurance Group of McKinsey - Company in South Africa from 1990 to 2007.



Resignation of independent non-executive director

Mr TV Mokgatlha has resigned as an independent non-executive director of RMI.



Change in status of director

Mr L Crouse has resigned as a non-executive director and has been appointed as an alternate to Mr JJ Durand.



Composition of the board

Following the above changes, the RMIH Board of Directors comprises thirteen directors, six of whom are independent non-executive directors, five of whom are non-executive directors and two of whom are executive directors.
02-Apr-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on 15 October 2013 detailing RMIH's executive succession plan. In compliance with the JSE Ltd. Listings Requirements, RMIH confirms that Mr Herman Bosman has been appointed to the board of directors of RMIH as chief executive officer Designate with effect from 2 April 2014.
06-Mar-2014
(C)
Earned premiums net of reinsurance rose by 29% to R4.7 billion (R3.7 billion). Income increased by 22% to R5.5 billion (R4.5 billion). Net attributable profit was up 36% to R1.6 billion (R1.1 billion). In addition, headline earnings per share grew by 25% to 94.8cps (75.7cps).



Dividend

A gross interim ordinary dividend of 46cps has been declared.



Prospects

South Africa's dependence on foreign capital flows to fund the wide current account deficit continues to introduce uncertainty and vulnerability to the macro- economic outlook. The recent increase in the repo rate is likely to be the first in an interest rate hiking cycle. This will place further pressure on the South African consumer and growth in new insurance business volumes will continue to be dependent on a recovery in employment and improved disposable income levels.

*Discovery sees the progress made over the last six months as positioning it strongly for continued growth and profitability into the future.

*MMI believes that it has identified and is implementing innovative strategies to unlock value over time.

*OUTsurance believes that conditions in its South African business will remain largely unchanged. It expects to continue to penetrate the Australian market giving rise to strong topline growth together with enhanced economies of scale.

From a shareholder perspective, we believe that all the strategic imperatives required to enable the group to continue to deliver real growth in earnings are in place. The information provided above is not an earnings forecast and has not been reviewed and reported on by the company's external auditors.



24-Feb-2014
(Official Notice)
RMIH considers Normalised Earnings Per Share ("NEPS"), which excludes non-operational items and accounting anomalies, as a more accurate indicator of the group's underlying operational performance. Guidance regarding the expected outcome for the six months ended 31 December 2013 is as follows:



Guidance for Six months the six months ended ended 31 December 2013:

*NEPS -- expect 15% to 20% increase

*HEPS -- expect 20% to 30% increase

*EPS -- expect 30% to 40% increase



RMIH's summarised, unaudited interim results for the six months ended 31 December 2013 are expected to be released on SENS on Thursday, 6 March 2014.
22-Nov-2013
(Official Notice)
At the third annual general meeting of the shareholders of RMIH held on 22 November 2013, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be filed with the Companies and Intellectual Property Commission in due course.
25-Oct-2013
(Official Notice)
Shareholders are advised that the annual integrated report will be distributed to shareholders and published on the RMIH website at www.rminsurance.co.za on Friday, 25 October 2013 and contains no modifications to the audited results which were published on SENS on Thursday, 12 September 2013.



Notice of the annual general meeting

Notice is given that the third annual general meeting of shareholders will be held in the executive boardroom, 3rd floor, 2 Merchant Place, corner Fredman Drive and Rivonia Road, Sandton on Friday, 22 November 2013 at 11:00 to transact the business as stated in the notice of the annual general meeting forming part of the annual integrated report.



Salient dates

* Record date to determine which shareholders are entitled to receive the notice of the annual general meeting on Friday, 18 October 2013

* Last day to trade in order to be eligible to attend and vote at the annual general meeting on Friday, 8 November 2013

* Record date to determine which shareholders are entitled to attend and vote at the annual general meeting on Friday, 15 November 2013

* Forms of proxy for the annual general meeting to be lodged by 11:00 on Wednesday, 20 November 2013.
15-Oct-2013
(Official Notice)
Shareholders are advised that Herman Bosman will join the RMI Board on 31 March 2014 as Chief Executive Officer Designate.



Mr Bosman will succeed Peter Cooper, who intends to retire from his executive positions in the last quarter of 2014 after 22 years of service with the group. After the transition period it is envisaged that Mr Cooper will continue his involvement with the group in a non-executive capacity.
12-Sep-2013
(C)
Income for the year ended 30 June 2013 shot up by 22% to R9.2 billion (2012: R7.6 billion). Profit for the year attributable to equity holders of RMI lowered by 2% to R2.21 billion (2012: R2.25 billion. Furthermore, headline earnings per share dropped by 9% to 148.4cps (2012: 162.8cps).



Cash dividend declaration

Notice was given that a gross final dividend of 55cps payable out of income reserves was declared on 12 September 2013 in respect of the financial year ended 30 June 2013.



Outlook for the coming year

The difficult economic environment is expected to continue in the current financial year. Growth in insurance new business volumes will remain largely dependent upon the economic environment, including a recovery in employment and stronger disposable income levels. All of the groups in which RMI is invested face both opportunities and threats posed by the highly regulated environment in which they operate, including evolving capital regimes as well as social security reform proposals. Notwithstanding these challenges, RMI expects to produce good organic growth during the coming year. In particular:

* the progress made by Discovery over the past financial year positions it strongly for continued growth and profitability in the future; while

* MMI's strategic focus has shifted from integration to outward looking growth initiatives with innovative strategies to unlock value; and

* OUTsurance expects its life insurance offering to gain further traction in South Africa and it is excited about the growth prospects of Youi.
07-Mar-2013
(C)
Earned premiums net of reinsurance rose by 12% to R3.7 billion (R3.3 billion). Income increased by 12% to R4.5 billion (R3.7 billion). Operating profit declined by 8% to R840 million (R916 million). Net attributable profit was up 18% to R1.1 billion (R969 million). In addition, headline earnings per share grew by 18% to 75.7cps (64.3cps).



Dividend

A gross interim ordinary dividend of 40cps has been declared.



Outlook

The difficult macro-economic environment is expected to continue for the rest of the financial year ending 30 June 2013. Growth in new insurance business volumes will remain dependent on the economic environment, including a recovery in employment and stronger disposable income levels.

*Discovery believes that its efforts over the last six months strongly positions it for continued growth into the future.

*At MMI the merger integration process is largely complete and the shift of focus to growth initiatives bodes well for the future.

*OUTsurance has literally weathered the proverbial storm. It suffered further significant weather claims in Australia after the end of the current reporting period resulting from tropical storm Oswald. While earnings growth in the second half of the year is likely to be subdued, it is well positioned for the future.



The quality of RMIH's investments and their respective strategies should underpin the groups ability to provide us, as shareholders, with sustainable superior returns in future.
28-Feb-2013
(Official Notice)
Guidance for the expected outcome in RMIH's earnings per share ("EPS"), headline EPS and normalised EPS for the six months ended 31 December 2012 are set out below.



Restatement of prior period comparative

Shareholders were previously advised of a change in accounting policy by a subsidiary in the second half of the financial year ended 30 June 2012, resulting in a restatement of prior period comparatives.



Consequently, it is necessary for EPS, headline EPS and normalised EPS for the six months ended 31 December 2011 to also be restated, as follows:

*EPS per share (cents) -- 63.0 (As originally published 31 Dec 2011); 65.4 (As restated 31 Dec 2011)

*Headline EPS per share (cents) -- 61.9 (As originally published 31 Dec 2011); 64.3 (As restated 31 Dec 2011)

*Normalised EPS per share (cents) -- 69.1 (As originally published 31 Dec 2011) ; 72.7 (As restated 31 Dec 2011)



RMIH's summarised results for the six months ended 31 December 2012 will provide further analysis of the restatement.



Earnings guidance for the six months ended 31 December 2012

The following guidance is provided to shareholders regarding the expected outcome for the six months ended 31 December 2012:



A. Compared to originally published 31 December 2011 results

*EPS per share (cents) -- 63.0 (As originally published 31 Dec 2011) ; 20% to 25% increase (Guidance for the six months ended 31 Dec 2012)

*Headline EPS per share (cents) -- 61.9 (As originally published 31 Dec 2011) ; 20% to 25% increase (Guidance for the six months ended 31 Dec 2012)

*Normalised EPS per share (cents) -- 69.1 (As originally published 31 Dec 2011) ; 8% to 13% increase (Guidance for the six months ended 31 Dec 2012)



B. Compared to restated 31 December 2012 results

*EPS per share (cents) -- 65.4 (Restated 31 Dec 2011) ; 15% to 20% increase

*Headline EPS per share (cents) -- 64.3 (Restated 31 Dec 2011) ; 15% to 20% increase

*Normalised EPS per share (cents) -- 72.7 (Restated 31 Dec 2011) ; 2% to 7% increase



As previously communicated to shareholders, RMIH considers normalised EPS to most accurately represent underlying operational performance.



RMIH's summarised results for the six months ended 31 December 2012 are expected to be released on SENS on or about Thursday, 7 March 2013.
07-Feb-2013
(Official Notice)
RMIH announced the following appointments to its board of directors with effect from 6 February 2013:



Mr Obakeng Phetwe has been appointed to the board of RMIH as a non- executive director. Ms Albertinah Kekana has been appointed as alternate non-executive director to Mr Phetwe.
14-Dec-2012
(Official Notice)
Shareholders are advised that OUTsurance Holdings Limited utilised internally generated resources to repurchase R401 million preference shares that it had previously issued to RMI.

The proceeds arising were utilised by RMI for the early redemption of R401 million variable rate, cumulative redeemable preference shares. After the redemption, RMI?s core term funding comprises:

*R299 million variable rate, cumulative redeemable preference shares due for redemption on 15 June 2016, paying six monthly dividends at 80.85% of the prime interest rate per annum; and

*R750 million fixed rate, cumulative redeemable preference shares due for redemption on 15 June 2016, paying six monthly dividends at 9.14% per annum.



Shareholders are advised that RMI had acquired an additional 825 000 ordinary shares in MMI Holdings Limited, thereby restoring its shareholding to 25% of the issued ordinary share capital of MMI Holdings Limited.
26-Nov-2012
(Official Notice)
At the second annual general meeting of the shareholders of RMI held on 23 November 2012, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be filed with the Companies and Intellectual Property Commission in due course.
31-Oct-2012
(Official Notice)
RMIH advises shareholders that, following his relocation to the United Kingdom, Mr NDJ Carroll has resigned from the board as an alternate non-executive director with effect from 31 October 2012.
26-Oct-2012
(Official Notice)
Shareholders are advised that the annual integrated report has been distributed to shareholders and published on RMIH's website at www.rminsurance.co.za on Friday, 26 October 2012 and contains no modifications to the audited results which were published on SENS on 13 September 2012.



Notice of the annual general meeting

Notice is given that the second annual general meeting of shareholders will be held in the executive boardroom, 3rd floor, 2 Merchant Place, corner Fredman Drive and Rivonia Road, Sandton on Friday, 23 November 2012 at 11:00 to transact the business as stated in the notice of the annual general meeting distributed with the annual integrated report.
18-Sep-2012
(Official Notice)
Mr L Crouse, CA(SA), has been appointed to the board of RMI as a non-executive director.
13-Sep-2012
(C)
Earned premiums net of reinsurance more than tripled to R6.7 billion (R2.1 billion). Operating profit more than doubled to R2.1 billion (R819 million). Net attributable profit soared to R2.2 billion (R587 million). In addition, headline earnings per share was up 48% to 162.8cps (110cps).



Dividends

A final gross ordinary dividend of 50cps has been declared as well as special gross dividend of 55cps.



Outlook

The macro environment will remain challenging during the 2013 financial year. The global economy is likely to register below average growth and will continue to face significant downside risk.



Economic activity in South Africa will remain under pressure. GDP growth is currently expected to be 2.5% for the 2013 financial year, and although interest rates are expected to remain flat for the

rest of the year, there is downside risk if economic growth slows further.



Growth in insurance new business volumes will remain largely dependant upon the economic environment, including a recovery in employment and stronger disposable income levels.



All of the groups in which RMI is invested face both opportunities and threats posed by the highly regulated environment in which they operate, including evolving capital regimes as well as the

national health insurance and social security reform proposals.



Both OUTsurance and RMBSI foresee that the exceptionally favourable claims experience of the recent past can be expected to normalise in future. Consequently the groups earnings growth may be

muted.



Notwithstanding such uncertain and fragile environment, RMI believes that our investee companies have appropriate strategies in place to unlock superior shareholder value over time.
07-Sep-2012
(Official Notice)
RMI regards normalised EPS from continuing operations (which excludes non-operational items and accounting anomalies) as the key indicator of the group's operational performance.



Restatement of prior period

Shareholders are advised that following a change in accounting policy by a subsidiary, normalised EPS, HEPS and EPS for the prior period ended 30 June 2011 have been restated as follows:

Period ended 30 June 2011 - As originally published - as restated

* Normalised EPS - From continuing operations: 128.4 - 131.5

* HEPS - Excludes extra-ordinary items: 106.4 - 110.0

* EPS -From all activities: 115.6 - 119.1



RMI's audited results for the year ended 30 June 2012 will provide further analysis of the restatement.



Earnings guidance

The following guidance is provided to shareholders regarding the expected outcome for the year ended 30 June 2012 (restated figures):

30 June 2011 - 30 June 2012 (cents)

* Normalised EPS: 131.5 increase

* HEPS: 110.0 increase

* EPS: 119.1 increase



RMI's audited results for the year ended 30 June 2012 are expected to be released on SENS on or about Wednesday, 12 September 2012.
03-May-2012
(Official Notice)
Shareholders were referred to the announcement released by Remgro Ltd. recording the tragic death of Mr M H ("Thys") Visser following a car accident on 26 April 2012. Mr Visser served as a non-executive director of RMIH.
07-Mar-2012
(C)
These are RMIH's first interim results since listing on the JSE in March last year. As a result, there is no comparative financial information. Income amounted to R4.2 billion and operating profit came in at R1.4 billion. Profit for the period attributable to ordinary shareholders was recorded at R934 million, while headline earnings per share amounted to 61.9cps.



Dividend

Notice is hereby given that an interim dividend of 30.0cps has been declared.



Outlook

The company expects that domestic economic conditions will remain subdued for the remainder of the current financial year. Of the company's core investments: Discovery has developed a powerful ambition of becoming a multinational organisation. To achieve this, it is making a significant reinvestment of profitability into building out Discovery businesses. Notably, a continued investment is being made in existing South African businesses and in new businesses such as Discovery Insure as well as pursuing its international ambitions, albeit with a capital-light model wherein significant international expansion can leverage the capital strength, brand and presence of its international partners. MMI expects that growth in new business volumes will remain dependent on the economic environment, including a recovery in employment and stronger disposable income levels. It has implemented strategic plans and integration processes to identify and optimise structures, operations, target markets, distribution channels and product offerings. It believes that these are appropriate to unlock value and generate a satisfactory return on capital over time. OUTsurance expects its South African personal lines business to remain under pressure as consumers strive to reduce personal debt levels and defer new asset acquisitions. Its commercial lines business is expected to continue to gain market share. Youi is expected to reach monthly profitability in the new financial year. The quality of RMI Holdings' investments and their respective strategies should underpin the group's ability to provide its shareholders, with sustainable superior returns. The restructuring of the RMI Holdings group has been well received by both shareholders and market participants. The group is extremely pleased that Royal Bafokeng Holdings saw fit to increase their shareholding in RMI Holdings to 15%.The group trusts that their vote of confidence will in due course be amply rewarded.
05-Dec-2011
(Official Notice)
At the first annual general meeting of the shareholders of RMI Holdings held on 2 December 2011, all of the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. The special resolutions will be filed in due course with the Companies and Intellectual Property Commission.
03-Nov-2011
(Official Notice)
Shareholders are advised that the annual financial statements will be distributed to shareholders and published on the website at www.rminsurance.co.za on or about 4 November 2011 and contain no modifications to the audited results which were published on SENS on 14 September 2011.



Notice of the annual general meeting

Notice is hereby given that the first annual general meeting of RMI Holdings' shareholders will be held in the executive boardroom, 4th floor, 4 Merchant Place, corner Fredman Drive and Rivonia Road, Sandton on 2 December 2011 at 12h00 to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.



Salient dates

*Record date to determine which shareholders are entitled to receive the notice of annual general meeting -- 30 September 2011

*Last day to trade in order to be eligible to attend and vote at the annual general meeting -- 18 November 2011

*Record date to determine which shareholders are entitled to attend and vote at the annual general meeting -- 25 November 2011

*Forms of proxy for the annual general meeting to be lodged by 09h00 on -- 30 November 2011



Any proxies not lodged by this time must be handed to the chairperson of the annual general meeting immediately prior to the annual general meeting.
18-Oct-2011
(Official Notice)
RMIH announced the appointment of the following alternate non-executive directors with immediate effect:

* Mr Leon Crouse, CA(SA), as alternate to Mr JJ Durand. Mr Crouse is director: group finance at Remgro Ltd.

* Mr Niall David Joseph Carroll, B Com(Hons) CA(SA) CFA, as alternate to Mr TV Mokgatlha. Mr Carroll is chief executive officer of Royal Bafokeng Holdings (Pty) Ltd.



Shareholders were further advised that Mr AL Maher has resigned as company secretary with effect from 19 October 2011. Mr Jacobus Schalk Human, MCom CA(SA), succeeds Mr Maher as company secretary with effect from 19 October 2011. Mr Human has been in the employ of the greater insurance group since 1999 as financial manager in Momentum's head office.
14-Sep-2011
(C)
Earned premiums net of reinsurance amounted to R2.1 billion for RMIH's maiden final results as a listed company. Income was R2.4 billion and a net attributable profit R570 million was recorded. In addition, headline earnings per share came in at 106.4c.



Dividend

A final ordinary dividend of 33.7cps has been declared.



Outlook

Significant disquiet in global markets results in a highly uncertain outlook. RMIH expects that domestic economic conditions will remain subdued in the current financial year. It is evident that the path toward economic recovery will be protracted with the fair likelihood of experiencing further recessionary dips in economic activity along the way. The South African economy has unfortunately not escaped the contagion of slow growth, high unemployment and continued high levels of consumer indebtedness, factors which directly impede on the growth of the industry sectors in which we are invested. However, the quality of the operating franchises and their respective strategies, domestically and outside South Africa, should underpin the group's ability to provide sustainable superior returns.
21-Jun-2011
(Official Notice)
Shareholders were referred to the pre-listing statement issued by RMIH on 3 February 2011, as well as the finalisation announcement published by RMB Holdings Ltd ("RMBH") on 25 February 2011.



Completion of OUTsurance acquisition

Shareholders are advised that the implementation of the acquisition by RMIH of an additional 45% effective interest in OUTsurance Holdings Ltd ("OUTsurance") from FirstRand Ltd ("FirstRand") has been completed. The effective date of the acquisition is 4 May 2011. The agreed purchase price of R 3 750 million for the interest acquired in OUTsurance was adjusted for, inter alia, an interim dividend payment and interest accrued on the purchase price, resulting in a final purchase price of R 3 640 million. RMIH also acquired preference shares in OUTsurance held by the FirstRand group for a purchase price of R401 million.



Sale of OUTsurance

RMI Holdings has reached agreement to sell an effective interest of 6,8% in the ordinary share capital of OUTsurance to the management team of OUTsurance for a purchase consideration of R 552 million. RMI Holdings will facilitate the transaction by providing term funding to the management group for part of the purchase consideration. This transaction is expected to be implemented during July 2011. Once the management share purchase transaction has been implemented, the effective shareholdings in OUTsurance will be as follows:

*RMIH -- 83.2%

*OUTsurance management, incl share trust -- 16.8%



The OUTsurance acquisition represents the final step in the RMBH/RMIH reorganisation.
26-May-2011
(Official Notice)
Mr TV Mokgatlha has been appointed as a non-executive director.
09-Mar-2011
(Official Notice)
Shareholders were referred to the unaudited interim results announcement for the six months ended 31 December 2010 and cash dividend declaration published earlier today by RMB Holdings Limited ("RMBH"). Prior to its unbundling on 7 March 2011, the company was a wholly-owned subsidiary of RMBH. The results of RMI Holdings, its subsidiaries and associates for the six months ended 31 December 2010 were included in the interim results of RMBH referred to above. However, the dividend flows from the company's subsidiaries and associates for the period in question will only be received by the company after the date of unbundling. Such dividend receipts form the basis of the dividend declaration below.



Notice was given that an interim dividend of 22.8 cents per share was declared on 9 March 2011. Shareholders' attention is drawn to the following important dates:

*Last day to trade in order to participate in this dividend -- Friday, 25 March 2011

*Shares commence trading "ex dividend" on Monday, 28 March 2011

*The record date for the dividend payment will be Friday, 1 April 2011

*Dividend payment date -- Monday, 4 April 2011
07-Mar-2011
(Media Comment)
Business Report stated that, Rand Merchant Insurance (RMI) holdings, the holding company for RMB Holdings' (RMBH) insurance interests, makes it first appearance on the JSE this morning. The creating of separately listed RMI holdings is the latest stage in RMBH's complex and drawn out restructuring, which is aimed at creating two separate focused insurance and banking entities. Although RMI Holdings' management states that the company will not have a controlling shareholder, Remgro will be the largest single shareholder with an influential stake of 31.6 percent. The Public Investment Corporation will hold 13 percent. Laurie Deppenaar and GT Ferreira, who are founders of and long-serving directors of RMBH, will each have a stake of just over 6 percent. Royal Bafokeng Holdings will have 5.1 percent of the company. RMI Holdings' assets include a 25 percent stake in Discovery and a 24.4 percent stake in MMI Holdings, both which are listed entities.
29-Sep-2015
(X)
RMI is an investment holding company with an investment team of experienced, alternative thinking, financial services specialists who actively partner smart and industry-changing people by being a shareholder of influence. RMI recently expanded its existing portfolio of traditional financial services assets to include an asset management initiative and its first investment in an early-stage next generation financial services business.


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