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13-Nov-2018
(Official Notice)
12-Nov-2018
(Official Notice)
Shareholders are referred to the announcement released by Torre Industries Ltd. ("Torre") on the Stock Exchange News Service ("SENS") regarding Torre?s receipt of a firm intention to acquire 100% of its issued shares and the declaration of a special cash dividend.



Stellar is the holder of 57% of the issued shares of Torre.



The cautionary and renewal of cautionary announcements released by Stellar on 9 July 2018, 20 August 2018 and 2 October 2018 relating to the proposed delisting of Torre are accordingly hereby withdrawn.



Shareholders are reminded that the cautionary announcement first released on SENS on 18 June 2018 relating to the disposal process of Amecor has not been withdrawn and accordingly, caution is still required to be exercised by shareholders when dealing in the securities of Stellar.
19-Oct-2018
(Official Notice)
Shareholders are advised that the Integrated Annual Report, containing the audited financial statements of the Company and the Group for the year ended 30 June 2018, has been posted to shareholders today, 19 October 2018. The Integrated Annual Report is also available on the Company?s website (www.stellarcapitalpartners.co.za/financial- results/).

The audited financial statements of the Company and the Group contain no modifications to the provisional condensed financial results for the year ended 30 June 2018 as released on SENS on 31 August 2018.



We further confirm, that there have been no changes to the auditor?s report which was referenced in the audited results and made available to shareholders at the Company?s registered office on the same date as the release of the audited results.



AGM notice

The Notice of Annual General Meeting ("AGM") was posted to shareholders today, 19 October 2018, and notice is hereby given that the AGM of the Company will be held at Stellar Capital?s registered offices situated at Fourth Floor, The Terraces, 25 Protea Road, Claremont, Cape Town starting at 09h30 on Tuesday, 27 November 2018 to transact the business as stated in the notice of AGM.



The record date for the purpose of determining which shareholders of the Company are entitled to receive the notice of the AGM is Friday, 12 October 2018 and the record date for purposes of determining which shareholders of the Company are entitled to participate in and vote at the AGM is Friday, 16 November 2018.



The last day to trade to participate in and vote at the AGM is Tuesday, 13 November 2018. Duly completed forms of proxy and the authority (if any) should ideally reach the Transfer Secretaries, Computershare Investor Services Proprietary Limited, of Rosebank Towers, 15 Biermann Avenue, Rosebank, by no later than 09h30 on Thursday, 22 November 2018 for verification and administrative purposes but will be accepted by the Chairman prior to the commencement of the meeting if all in order.
19-Oct-2018
(Official Notice)
Shareholders are referred to the cautionary announcement published on the Stock Exchange News Service on 18 June 2018, and to the renewals published on 27 July 2018 and 10 September 2018, and are advised that the formal disposal process relating to Amalgamated Electronic Corporation Ltd (?Amecor?) is still underway which, if successfully concluded, may have a material effect on the price of the securities of Stellar Capital. Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's shares until a further announcement is made.
02-Oct-2018
(Official Notice)
Shareholders are referred to the further renewal of cautionary announcement released by Torre Industries Limited (?Torre?) on the Stock Exchange News Service this morning regarding the proposed delisting of Torre.



Stellar Capital is the holder of 57% of the issued shares of Torre.



The proposed delisting of Torre may have an effect on the price of Stellar Capital?s securities and, accordingly, shareholders are advised to continue to exercise caution when dealing in their Stellar Capital securities until the Terms Announcement is made by Torre and this cautionary announcement is withdrawn.
10-Sep-2018
(Official Notice)
Shareholders are referred to the cautionary announcement published on the Stock Exchange News Service on 18 June 2018 and the renewal on 27 July 2018 and are advised that the formal disposal process relating to Amalgamated Electronic Corporation Ltd. (?Amecor?) is still underway which, if successfully concluded, may have a material effect on the price of the securities of Stellar Capital.



Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's shares until a further announcement is made.
31-Aug-2018
(C)
The final results released for June 2018 are for twelve months whereas the final results for June 2017 were for seven months, therefore no comparative figures are provided. Gross loss from investments came in at R143.1 million, net loss before operating expenses was R227.5 million, loss for the period was recorded at R261.2 million, while headline loss per share was 24.23 cents per share.



Dividends

No ordinary dividends were declared during the year ended 30 June 2018 (2017:Rnil).



Company outlook

The further deterioration in profitability experienced by Torre and Tellumat continue to impact the valuations thereof. The nature of the operations of Prescient and Amecor, being less cyclical, have proved to be able to weather tough economic times far better. The Board expects to deliver on its key strategic target of optimising the Company's capital structure as the 31 May 2019 maturity date of the Group's preference share approaches.



The Company remains on course to complete its medium-term objective to hold non-controlling stakes in underlying investments and to be invested in businesses which can demonstrate growth prospects that meet Stellar Capital's return requirements and which are scalable within their industry. The Company remains committed to reducing its exposure to the Industrial sector in a practical and organised process and, in turn, to ensuring that the long-term approach results in improved shareholder returns and the efficient allocation of capital.
20-Aug-2018
(Official Notice)
Shareholders are referred to the renewal of cautionary announcement released by Torre Industries Ltd (?Torre?) on the Stock Exchange News Service this morning regarding the proposed delisting of Torre.

.

Stellar Capital is the holder of 57% of the issued shares of Torre.



The proposed delisting of Torre may have an effect on the price of Stellar Capital?s securities and, accordingly, shareholders are advised to continue to exercise caution when dealing in their Stellar Capital securities until the Terms Announcement is made by Torre and this cautionary announcement is withdrawn.
27-Jul-2018
(Official Notice)
Shareholders are referred to the cautionary announcement published on the Stock Exchange News Service on 18 June 2018 and are advised that the formal disposal process relating to Amalgamated Electronic Corporation Ltd. (?Amecor?) is still underway which, if successfully concluded, may have a material effect on the price of the securities of Stellar Capital. Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's shares until a further announcement is made.

26-Jul-2018
(Official Notice)
09-Jul-2018
(Official Notice)
Shareholders are referred to the cautionary announcement released by Torre Industries Ltd. (?Torre?) on the Stock Exchange News Service this morning regarding the proposed delisting of Torre.



Stellar Capital is the holder of 57% of the issued shares of Torre.



The proposed delisting of Torre may have an effect on the price of Stellar Capital?s securities and, accordingly, shareholders are advised to exercise caution when dealing in their Stellar Capital securities until the Terms Announcement is made by Torre and this cautionary announcement is withdrawn.
18-Jun-2018
(Official Notice)
Shareholders are advised that Stellar has received a number of unsolicited expressions of interest to acquire Amalgamated Electronic Corporation Ltd. (?Amecor?) and has decided to undertake a formal disposal process to dispose of its interest in Amecor. Amecor is the largest supplier of security communication equipment and networks in the South African market.



In addition, Stellar is party to negotiations with an empowered entity to invest in Prescient Holdings (Pty) Ltd. (?Prescient?) to further improve the B-BBEE status of Prescient. The transaction, if successfully concluded, will result in Prescient becoming black-controlled. The anticipated transaction will result in a dilution of Stellar?s shareholding in Prescient.



These negotiations, if successfully concluded, may have a material effect on the price at which Stellar shares trade. Accordingly, shareholders are advised to exercise caution when dealing in the company's shares until a further announcement is made.
12-Jun-2018
(Official Notice)
Stellar advised shareholders that all the resolutions contained in the notice of general meeting (?GM?) were passed by the required majority of votes by shareholders present or represented by proxy at the GM held at 09h30 on 12 June 2018 at Stellar?s registered offices situated at The Terraces, 25 Protea Road, Claremont, Cape Town.
15-May-2018
(Official Notice)
Shareholders are advised that the company has distributed a Notice of General Meeting ("Notice") today, 15 May 2018, and accordingly notice is hereby given that a General Meeting of Stellar Capital will be held at 09:30 on Tuesday, 12 June 2018 at the registered office of Stellar Capital situated at Fourth Floor, The Terraces, 25 Protea Road, Claremont, Cape Town, South Africa. The purpose of the General Meeting is to approve changes to the Memorandum of Incorporation of the company as set out in the Notice.



The date on which shareholders must be recorded in the share register for purposes of being eligible to receive the Notice was Friday, 4 May 2018. The last day to trade in order to be eligible to vote at the General Meeting is Tuesday, 29 May 2018. The date on which shareholders must be recorded in the share register for purposes of being entitled to attend and vote at the general meeting is Friday, 1 June 2018.



Duly completed forms of proxy must be lodged by not later than 09:30 on Friday, 8 June 2018. Forms of proxy may also be handed to the chairman of the General Meeting or adjourned General Meeting before the General Meeting is due to commence or recommence.
03-May-2018
(Official Notice)
Stellar informed shareholders that it has concluded an agreement to transfer Cadiz Asset Management (?Cadiz?) to Warwick effective 1 May 2018 (?the Disposal?).



The Disposal falls below the threshold of the categorisation of transactions which require disclosure in terms of the JSE Limited's Listings Requirements and will be subject to securing all necessary regulatory approvals.



Nevertheless, the Board of Stellar deemed it appropriate to inform shareholders of the Disposal.
26-Mar-2018
(C)
The following results are the company's maiden interim results after the change in year-end from November to June. Gross loss from investments came to R130.4 million whilst loss for the period was R187.5 million. In addition, headline loss per share was 17.44cps.



Dividend

No ordinary dividends were declared during the 6 month period ended 31 December 2017. Preference share dividends are based on 95% of prime on preference share capital of R600 million. During the period under review, preference share dividends of R29.8 million were paid, which included a payment of R0.7 million to Mr. CJ Roodt, an independent non-executive director of Stellar Capital.



Company outlook

The board's focus remains keenly on the optimisation of the Group's capital structure, which it is anticipated to be finalised by latest 30 June 2018. The Group has determined that it will reduce its exposure to the Industrial sector in a practical and organised process. Stellar also has medium-term objectives to hold non-controlling stakes in underlying investments and to be invested in businesses which can demonstrate growth prospects that meet Stellar Capital's minimum medium-term return requirements as well as being scalable within the industry they compete in. Thus Stellar Capital continues with its strategic review of current investments it holds and which will determine the long-term approach to improving shareholder returns and efficient allocation of capital.
02-Mar-2018
(Official Notice)
Shareholders are advised in terms of paragraph 3.78 of the JSE Listings Requirements that the Company has been informed that there has been a change of network firm from Grant Thornton Cape Inc. (?Grant Thornton?) to BDO South Africa(?BDO?). The designated audit partner has remained unchanged.



The change in audit firm from Grant Thornton to BDO, which is effective 1 March 2018, was initiated by the audit firm following the merger of BDO and Grant Thornton.



Stellar will in due course follow the process detailed in paragraph 3.84(g)(iii) of the JSE Listings Requirements relating to BDO. This process will be completed before the audit firm signs its next audit report. It is important to note, that whilst the designated audit partner has remained unchanged, the Audit and Risk Committee of Stellar Capital will request and consider the separate information about the receiving audit firm, as the Company is deemed to be appointing BDO for the first time.
27-Nov-2017
(Official Notice)
The company advised shareholders that all the resolutions contained in the notice of annual general meeting (?AGM?) were passed by the required majority of votes by shareholders present or represented by proxy at the AGM held at 09h30 today, 27 November 2017, at Stellar Capital?s registered offices situated at The Terraces, 25 Protea Road, Claremont, Cape Town.



The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
20-Oct-2017
(Official Notice)
Shareholders are advised that the integrated annual report, containing the audited financial statements of the Company and the Group for the 7 month period ended 30 June 2017, has been posted to shareholders today, 20 October 2017.



The integrated annual report is also available on the Company?s website (www.stellarcapitalpartners.co.za).



The audited financial statements of the Company and the Group contain no modifications to the provisional condensed financial results for the 7 month period ended 30 June 2017 as released on SENS on 31 August 2017.





Notice of annual general meeting

The notice of annual general meeting ("AGM") was posted to shareholders today and notice is hereby given that the AGM of the Company will be held at Stellar Capital?s registered offices situated at Third Floor, The Terraces, 25 Protea Road, Claremont, Cape Town starting at 09h30 on Monday, 27 November 2017 to transact the business as stated in the notice of AGM.



The record date for the purpose of determining which shareholders of the Company are entitled to receive the notice of the AGM is Friday, 13 October 2017 and the record date for purposes of determining which shareholders of the Company are entitled to participate in and vote at the AGM is Friday, 17 November 2017.



The last day to trade to participate in and vote at the AGM is Tuesday, 14 November 2017.

19-Oct-2017
(Official Notice)
The board of directors of Stellar Capital (?board?) announced the appointment of Mr PJ Bishop as a non-executive director to the board, with effect from 18 October 2017.
31-Aug-2017
(C)
31-Aug-2017
(C)
Gross loss from investments for the interim period narrowed to R332 million (2016: loss of R370.6 million). Net loss before operating expenses came to R373.4 million (2016: loss of R397.3 million). Loss for the period was recorded at R407.6 million (2016: loss of R431.5 million). Furthermore, headline loss per share came to 38.02 cents per share (2016: loss of 46.74 cents per share).



Change to the board

Shareholders are advised that Mr Charl de Villiers, Chief Financial Officer and executive director, has tendered his resignation from the Company to pursue other interests. Mr de Villiers has agreed to continue in the role as Chief Financial Officer and executive director until 30 September 2017. The board has appointed Mr Sean Graham CA(SA), RA, ACMA as interim Chief Financial Officer and executive director, who will be supported by Mr David Hoek CA(SA), with effect from 1 October 2017. Mr Graham currently serves as Company Secretary and Chief Risk Officer and Mr Hoek serves as Group Financial Manager. The process to appoint a permanent Chief Financial Officer is underway and the outcome thereof will be announced in due course.



Other changes to the board

Mr HC Steyn was appointed as a non-executive director with effect from 4 April 2017. Mr CE Pettit has resigned as Chief Executive Officer from the Board of Directors with effect from 31 August 2017 and is to be replaced by Mr PJ van Zyl with effect from 1 September 2017.

14-Aug-2017
(Official Notice)
Stellar Capital is currently finalising its interim financial results for the 6-month period ended 31 May 2017 and audited results for the 7-month period ended 30 June 2017. In this regard, shareholders are advised that a reasonable degree of certainty exists that Stellar Capital?s interim results for the 6-month period ended 31 May 2017 and audited results for the 7-month period ended 30 June 2017 will be within the following ranges:



Net asset value per share

*Change: -22.29% to -15.92%

*Expected 6-month period ended 31 May 2017 (Rand): 1.22 to 1.32

*Reported 6-month period ended 31 May 2016 (Rand): 1.57



Net asset value per share

*Change: -26.51% to - 20.48%

*Expected 7-month period ended 30 June 2017: 1.22 to 1.32

*Reported Year ended 30 November 2016: 1.66



The estimate financial information on which this trading statement is based has not been reviewed and reported on by the Company?s external auditors.



Stellar Capital expects to publish its unaudited interim financial results for the 6-month period ended 31 May 2017 and provisional audited condensed financial results for the 7-month period ended 30 June 2017 on the Stock Exchange News Service on or before Thursday, 31 August 2017.



14-Jun-2017
(Official Notice)
Shareholders are advised of the following changes to the Stellar board:

Mr Charles Pettit has notified the Board of Directors (?the Board?) of his intention to resign as Chief Executive Officer and a director effective 31 August 2017. Charles has agreed to continue to serve as a director on the boards of certain investee companies post 31 August 2017 and will also remain available to assist the Company with certain strategic projects going forward.



The Board announced that Mr Peter van Zyl, a non- executive director of Stellar since November 2013 and the previous Chief Executive Officer between February 2015 and October 2015, will again be appointed as Chief Executive Officer effective 1 September 2017.
18-May-2017
(Official Notice)
The company advised shareholders that all the resolutions contained in the notice of annual general meeting (?AGM?) were passed by the required majority of votes by shareholders present or represented by proxy at the AGM held at 10h00 today, 18 May 2017, at Stellar?s registered offices situated at Third Floor, The Terraces, 25 Protea Road, Claremont, Cape Town.



The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.
20-Apr-2017
(Permanent)
The company?s financial year- end changed from 30 November to 30 June with effect from 30 June 2017
20-Apr-2017
(Official Notice)
Shareholders are advised that the Board of Directors of the Company has approved a change in the Company?s financial year- end from 30 November to 30 June with effect from 30 June 2017.



To comply with paragraphs 3.15, 3.16, 3.19, 3.20 and 3.21 of the JSE Listings Requirements, Stellar will:

- Publish on SENS, the interim financial statements for the 6-month period ending 31 May 2017 on or before 31 August 2017;

- Publish on SENS, the provisional annual financial statements for the 7-month period ending 30 June 2017 on or before 30 September 2017;

- Distribute to shareholders, the annual financial statements for the 7-month period ending 30 June 2017 on or before 31 December 2017; and

- Publish on SENS, the interim financial statements for the 6-month period ending 31 December 2017 on or before 31 March 2018.
13-Apr-2017
(Official Notice)
Shareholders are advised that the Integrated Annual Report, containing the audited financial statements of the company and the Group for the year ended 30 November 2016, has been posted to shareholders today, 13 April 2017.



The Integrated Annual Report is also available on the company?s website (www.stellarcapitalpartners.co.za).



The audited financial statements of the company and the Group contain no modifications to the provisional condensed financial results for the year ended 30 November 2016 as released on SENS on 16 February 2017.



Notice of Annual General Meeting

The Notice of Annual General Meeting ("AGM") was posted to shareholders today and notice is hereby given that the AGM of the company will be held at Stellar Capital?s registered offices situated at Third Floor, The Terraces, 25 Protea Road, Claremont, Cape Town starting at 10h00 on Thursday, 18 May 2017 to transact the business as stated in the notice of AGM.



The record date for the purpose of determining which shareholders of the company are entitled to receive the notice of the AGM is Friday, 7 April 2017 and the record date for purposes of determining which shareholders of the company are entitled to participate in and vote at the AGM is Friday, 12 May 2017.



The last day to trade to participate in and vote at the AGM is Tuesday, 9 May 2017. Forms of proxy must be lodged with the transfer secretaries by no later than 10h00 on Tuesday, 16 May 2017.
04-Apr-2017
(Official Notice)
The board of directors of Stellar announced the appointment of Mr Herman Steyn as a non-executive director to the Board, with effect from 4 April 2017.
27-Mar-2017
(Official Notice)
Stellar Capital shareholders are referred to the NAV and NAV per share summary contained in the provisional condensed audited financial results for the year ended 30 November 2016 (?NAV Summary?), as published on the Stock Exchange News Service on 16 February 2017.



Stellar Capital shareholders are hereby advised that the company has today published an update to the published NAV Summary on its website at www.stellarcapitalpartners.co.za (?NAV Update?). The NAV Update provides investors with timely insight into the revised investment portfolio composition of Stellar Capital, following the recent completion of its acquisition of 48.82% of Prescient Holdings (Pty) Ltd.



Furthermore, shareholders are advised that the NAV Update webpage will be forthwith maintained on an ongoing basis to provide investors with a NAV summary as at the most recent reporting date, updated for the latest quoted trading price of the company?s listed investment in Torre Industries Ltd which comprises a significant proportion of Stellar Capital?s NAV.
10-Mar-2017
(Official Notice)
Further to the announcements released on SENS on 28 October 2016 (and using the terms defined therein and the Circular posted to Prescient Shareholders), 21 February 2017 and 3 March 2017, Prescient and Stellar Capital shareholders are hereby notified that the settlement of the Prescient Distribution and the allotment of the PFH Consideration Shares and Stellar Capital Consideration Shares have been completed.



Accordingly, Stellar Capital has established a 48.82% shareholding in PFH. The Scheme Participants that elected to reinvest in PFH, which include PFH management, now hold 41.18% of PFH and the remaining 10% of PFH is held by the Prescient Empowerment Trust (Pty) Ltd.
03-Mar-2017
(Official Notice)
Further to the announcements released on SENS on 28 October 2016 (and using the terms defined therein and the Circular posted to Prescient Shareholders) and 21 February 2017, Prescient Shareholders are advised of the results of the two elections made by the Prescient Shareholders included below in paragraph 2.



Election regarding the declaration of the Prescient Distribution

Scheme Participants holding an aggregate of 1 119 950 475 Prescient Shares elected that the Prescient directors resolve that their Prescient Distribution be distributed as a dividend declared from sources other than Prescient CTC and Scheme Participants holding an aggregate of 549 300 475 Prescient Shares elected that the Prescient directors resolve that their Prescient Distribution be distributed as a pro rata return of Prescient CTC.



Election regarding the Application of the Prescient Distribution

Scheme Participants holding an aggregate of 966 397 326 Prescient Shares instructed Prescient to settle and make payment of the Prescient Distribution in cash, net of DWT (if applicable) on or about Monday, 6 March 2017.



Scheme Participants holding an aggregate of 691 272 723 Prescient Shares instructed Prescient to apply on their behalf, the whole or part of the Prescient Distribution, net of DWT (if applicable), to acquire PFH Consideration Shares from Stellar Capital. 687 452 833 PFH Consideration Shares will be acquired from Stellar Capital on or about Tuesday, 7 March 2017.



Scheme Participants holding an aggregate of 11 580 901 Prescient Shares instructed Prescient to apply on their behalf, the whole or part of the Prescient Distribution, net of DWT (if applicable), to subscribe for newly issued Stellar Capital Consideration Shares. 5 425 111 Stellar Capital Consideration Shares will be issued by Stellar Capital on or about Tuesday, 7 March 2017.



21-Feb-2017
(Official Notice)
16-Feb-2017
(C)
Loss for the period attributable to equity owners came in at R309.5 million (loss of R36.7 million). Furthermore, headline loss per share from continuing operations worsened 32.83cps (loss of 4.69cps).



Dividend

No ordinary dividend has been declared for the year under review (nil).



Outlook

Although both Torre and Tellumat have had difficult years, the outlook for both businesses is improving. Amecor is a high quality asset with excellent prospects. The completion of the strategic investment in Prescient (which was not yet unconditional at the reporting date) as well as the positive trading performances across the specialty finance portfolio during the year under review, are key developments as the board increasingly seeks to focus the Stellar Capital portfolio on the financial services sector.
06-Feb-2017
(Official Notice)
Stellar Capital expects to report a net asset value per share (?NAVPS?) of between R1.63 and R1.68 as at 30 November 2016 being an increase of between 4% and 7% in NAVPS since the interim reporting date of 31 May 2016.



Torre Industries update

Stellar Capital shareholders are referred to the trading statement published today by Torre Industries Ltd. (?Torre?), in which Stellar Capital holds a 55.62% interest, advising that Torre?s normalised headline earnings per share (?NHEPS?), headline earnings per share (?HEPS?) and basic earnings per share (?EPS?) for the 6 months ended 31 December 2016 will all be lower than the previous corresponding period.



The weaker results are primarily the result of once-off restructuring and relocation costs in the period. Notwithstanding, the interim results of Torre will be much improved from those of the prior six-month period ended 30 June 2016, as operational improvements began taking effect.



Prescient update

Stellar Capital shareholders are referred to the announcement on 23 January 2017 of the extension of the date for fulfilment or waiver of the conditions precedent to the Prescient transaction.



The outstanding conditions precedent relate to regulatory approvals from the Central Bank of Ireland and Jersey Financial Services Commission which, despite the relatively immaterial size of the Prescient operations in these jurisdictions, have taken longer than anticipated to finalise. It is however expected that these approvals will be forthcoming and the transaction finalised imminently. A finalisation announcement will be released on SENS, once the outstanding conditions precedent have been met. The financial information on which this update has been based has not been reviewed and reported on by Stellar Capital?s external auditors.



Stellar Capital will release its results for the year ended 30 November 2016 on or about Thursday, 16 February 2017.
23-Jan-2017
(Official Notice)
Further to the announcement released on SENS on 28 October 2016 (and using the terms defined therein and the Circular posted to Prescient Ltd. ("Precient") Shareholders), Prescient Shareholders are advised that all conditions precedent have not yet been fulfilled, as certain regulatory matters are still being finalised in relation to the Proposed Transaction.



Accordingly, Prescient and Stellar Capital have agreed to extend the date for the fulfilment or waiver of the conditions precedent, to 28 February 2017. A detailed timetable will be released as part of the finalisation announcement once all conditions precedent have been fulfilled or waived.
02-Nov-2016
(Official Notice)
Shareholders are advised of the following changes to the board of directors of Stellar Capital (?board?).



Ms Lerato Mangope resigned as non-executive director and as member of the Audit and Risk Committee effective 1 November 2016.



Ms Janine de Bruyn also resigned as non-executive director and as Chair of the Audit and Risk Committee effective 1 November 2016.



Mr Corrie Roodt, an independent non-executive director appointed to the board in October 2015, will join the Audit and Risk Committee as a member with immediate effect.



The board announced the appointment of Mr Lonn Potgieter as a non-executive director to the board, with effect from 2 November 2016. Lonn will also Chair the Audit and Risk Committee of the board.
31-Oct-2016
(Official Notice)
Shareholders are referred to the Circular issued on 14 September 2016. Terms defined therein shall, unless otherwise stated, bear the same meaning in this announcement.



Amalgamated Electronic Corporation Ltd. ("Amecor") Shareholders are advised that Scheme Participants holding a total of 67 432 638 Amecor Shares elected to receive the Cash Consideration and Scheme Participants holding a total of 2 997 763 Amecor Shares elected to receive the Share Consideration.



In terms of the Scheme, Stellar Capital Partners Ltd. ("Stellar Capital") will issue a total number of 5 995 526 Stellar Capital shares to Amecor Shareholders in respect of the Share Consideration and will pay R256 244 024 to Amecor Shareholders in respect of the Cash Consideration. In addition, Stellar Capital will pay R1 000 111.69 interest to Scheme Participants in cash in respect of the Upward Cash Adjustment.
28-Oct-2016
(Official Notice)
Further to the announcement released on SENS on 30 September 2016 (and using the terms defined therein and the Circular posted to Prescient Shareholders), Prescient Shareholders are advised that the General Meeting and Scheme Meeting of Prescient were held today, convened in terms of the notices of the General Meeting and Scheme Meeting to Prescient Shareholders dated 30 September 2016.



Prescient Shareholders are hereby advised that all of the General Meeting Resolutions and Scheme Meeting Resolutions were passed by the requisite majorities of Prescient Shareholders. The detail of the resolutions proposed and passed are included in the table below. The implementation of the Scheme remains subject to the fulfilment (or waiver, where applicable) of all the outstanding conditions precedent and the terms envisaged in the Circular.



The number of shares voted in person or by proxy was 1 047 634 502 at the General Meeting,representing 62.76% of the total issued share capital of the Prescient. The number of shares voted in person or by proxy was 1 047 668 876 at the Scheme Meeting, representing 62.76% of the total issued share capital of the Prescient.



Prescient Shareholders are referred to the salient dates and times set out in the 30 September announcement released on SENS and in the Circular (which is available on Prescient?s website at (www.prescient.co.za)), which set out the remaining salient dates and times relating to the Proposed Transaction and the Name Change.

26-Oct-2016
(Official Notice)
The board of directors of Stellar Capital (?Board?) announces the appointment of Mr Moses (Moss) M Ngoasheng as a non-executive director to the board, with effect from 26 October 2016.





25-Oct-2016
(Official Notice)
Shareholders are referred to the Circular issued on 14 September 2016 and the Finalisation Announcement released on the Stock Exchange News Service (?SENS?) on 13 October 2016. Terms defined therein shall, unless otherwise stated, bear the same meaning in this announcement.



Shareholders are reminded that the Upward Cash Adjustment on the Scheme Consideration will be paid to Shareholders, registered on the Scheme Record Date being 28 October 2016, on the Operative Date of the Scheme being 31 October 2016. The Upward Cash Adjustment is calculated at the Prime Rate per annum of 10.5% which equates to an amount of R 0.0142 payable per Amecor share.





21-Oct-2016
(Official Notice)
Shareholders are referred to the Circular released on 14 September 2016 and the Finalisation Announcement released on the Stock Exchange News Service (?SENS?) on 13 October 2016. Terms defined therein shall, unless otherwise stated, bear the same meaning in this announcement.



Amecor shareholders are reminded that an Upward Cash Adjustment, being the interest payable on the Scheme Consideration calculated at the Prime Rate per annum from 1 October 2016 to 14 October 2016 as recorded in the Circular, is payable to Scheme Participants.



The Upward Cash Adjustment will be paid on 31 October 2016 to Scheme Participants recorded in the Register on the Scheme Record Date (being Friday 28 October 2016) and not within five Business Days of the date on which the Scheme becomes unconditional as stated in the Circular, as Scheme Participants will not yet be recorded on the Register as at that date.



17-Oct-2016
(Official Notice)
Shareholders are referred, inter alia, to the combined offer circular posted to Torre shareholders on 27 July 2016 detailing the mandatory offer by Stellar Capital to acquire all the Torre shares not already held by Stellar Capital for a mandatory offer consideration of 1.25 new Stellar Capital shares in exchange for each Torre share held on the record date, being Friday, 14 October 2016 (?Offer?).



Shareholders were further advised, in the announcement released on the Stock Exchange News Service on 30 September 2016, that the Offer had become unconditional.



Accordingly, the Offer closed at 12h00 on the record date for the Offer, being Friday, 14 October 2016.



Results of the Offer

Shareholders are hereby advised that in terms of the Offer, Stellar Capital received acceptances from Torre shareholders holding 104 747 235 Torre shares, constituting approximately 19.95% of the issued ordinary shares of Torre.



Prior to the Offer, Stellar Capital held 35.43% of the issued ordinary share capital of Torre. Subsequent to the Offer, Stellar Capital now holds 55.38% of the issued ordinary share capital of Torre.



Shareholders who have accepted the Offer, but have not yet received the Offer consideration, should note that certificated shareholders who have validly accepted the Offer will have the Offer consideration posted to them (at their own risk) within six business days after their acceptance of the Offer. Dematerialised shareholders will have their CSDP/broker accounts credited with the Offer consideration within 6 business days of receipt by the transfer secretaries of the acceptance of the Offer by the dematerialized shareholder, CSDP or broker.
13-Oct-2016
(Official Notice)
13-Oct-2016
(Official Notice)
Shareholders are referred, inter alia, to the combined offer circular posted to Torre shareholders on Wednesday, 27 July 2016 (?Circular?) in which they were advised that, in terms of the Takeover Regulations, Stellar Capital is obliged to offer to acquire all of the Torre shares held by Torre shareholders for a consideration of 1.25 new Stellar Capital shares for each Torre share held (?Ratio?).



Fractional entitlements

Shareholders were further advised in the Circular that, where the application of this Ratio gives rise to a fraction of a Stellar Capital share, such fraction will be rounded down to the nearest whole number, resulting in allocations of whole Stellar Capital shares and a cash payment for the fraction (?Rounding Provision?).



In accordance with the requirements of the JSE Ltd., the cash payment has been determined with reference to the volume weighted average price of a Stellar Capital share traded on the JSE on Wednesday, 12 October 2016 (being the day on which an ordinary Torre share began trading ?ex? the entitlement to accept the offer), discounted by 10%.



Shareholders are accordingly advised that the basis applicable in determining the cash payment for the fractional entitlement is 118 cents.



Example of fractional entitlement:

This example assumes that a Torre shareholder holds 125 Torre shares at the close of business on the Record Date, being tomorrow, Friday, 14 October 2016, and has chosen to accept the offer in respect of all his shareholding.



Stellar Capital share entitlement = 125 x 1.25 = 156.25 new Stellar Capital shares. The Rounding Provision described above is then applied and the shareholder will receive: 156 Stellar Capital shares and a cash payment for the fractional entitlement of 0.25 x 118 = 30 cents, for the 125 Torre shares held.



The tax implications of the cash payment will depend on the individual circumstances of the recipient Torre shareholder concerned. Torre shareholders receiving the cash payment for their fractional entitlement are therefore advised to obtain independent tax advice in relation thereto.
12-Oct-2016
(Official Notice)
Further to the announcements released on SENS on 14 September 2016 and 16 September 2016 (and using the terms defined therein unless otherwise stated), shareholders are advised that, at the Scheme Meeting of Amecor held today, 12 October 2016, convened in terms of the notice of Scheme Meeting to shareholders dated 14 September 2016, the resolutions to approve, inter alia, the Scheme proposed by the board between Amecor and its shareholders in terms of which Stellar Capital, or its nominee, will acquire all the Scheme Shares for the Scheme Consideration, were passed by the requisite majority of shareholders.
30-Sep-2016
(Official Notice)
Shareholders are referred to the joint announcement released on the Stock Exchange News Service (?SENS?) on 23 June 2016 in which they were advised that Stellar had increased its shareholding in Torre from 33.86% to 35.46%, pursuant to which Stellar was obliged to make a mandatory offer to all Torre shareholders to acquire all of the ordinary shares of Torre that Stellar does not already own (?Offer?).



The combined Offer circular was posted to Torre shareholders on Wednesday, 27 July 2016.



Offer unconditional

Shareholders are now advised that the Offer is unconditional in accordance with its terms. The Offer will remain open for a further 10 business days, pursuant to Regulation 105(5)(b) of the Takeover Regulations, 2011.



Accordingly, the remaining salient dates pertaining to the Offer are as follows:

*Last day to trade in Torre shares in order to be eligible to accept the Offer - Tuesday 11October 2016

*Torre Shares trade ex the entitlement to accept the Offer - Wednesday, 12 October 2016

*Announcement released on SENS in respect of the cash payment applicable to fractional entitlements, based on the volume weighted average price of Stellar shares traded on Wednesday, 5 October 2016, discounted by 10% - Thursday, 13 October 2016

*Record date to determine which shareholders are eligible to accept the Offer - Friday, 14 October 2016

*Closing date of the Offer at 12:00 on - Friday, 14 October 2016

*Date of discharge of the Offer consideration -Monday, 17 October 2016

*Results of the Offer to be announced on SENS - Monday, 17 October 2016

*Results of the Offer to be published in the press - Tuesday, 18 October 2016





30-Sep-2016
(Official Notice)
28-Sep-2016
(Official Notice)
Notice is hereby given in accordance with section 45(5) of the Companies Act, 71 of 2008 ("Companies Act") that pursuant to the authority granted to the board of directors of Stellar Capital ("the Board") by the shareholders at the annual general meeting held on 3 June 2016, the board has adopted resolutions to provide financial assistance to related and/or inter-related entities as contemplated in section 45(2) of the Companies Act.



The resolutions passed by the board authorises the company to provide financial assistance to its subsidiaries and inter-related entities, as envisaged in terms of section 45 of the Companies Act ("the Financial Assistance").



The board prior to authorising the Financial Assistance considered and satisfied itself, in terms of section 45 of the Companies Act, that:

*immediately after providing the Financial Assistance, the company would satisfy the solvency and liquidity test as contemplated in section 4 of the Companies Act;

*there has been due compliance with the company?s memorandum of incorporation and with the Companies Act; and

*the terms of the Financial Assistance are fair and reasonable in relation to the company.



16-Sep-2016
(Official Notice)
15-Sep-2016
(Official Notice)
Shareholders are referred to the joint announcement released on the Stock Exchange News Service on 19 July 2016 in which they were advised that Prescient and Stellar Capital had entered into an implementation agreement and a subscription agreement in terms of which Stellar Capital will make a strategic equity investment in Prescient Holdings (Pty) Ltd. (?PFH?), the holding company for Prescient?s financial services interests, and Prescient will declare a cash distribution to Prescient shareholders (?Prescient Distribution?) (the ?Proposed Transaction?).



Extension of time to post the Proposed Transaction circular

Prescient Shareholders are advised that Prescient applied to the JSE and the Takeover Regulation Panel (?TRP?) for an extension to the posting date of the Proposed Transaction circular, from Friday 16 September 2016 to Friday, 30 September 2016. The request has been granted by the JSE and the TRP. Accordingly, the Proposed Transaction circular will be posted to Prescient Shareholders by no later than Friday, 30 September 2016.

14-Sep-2016
(Official Notice)
Shareholders are referred to the joint Firm Intention Announcement released on the Stock Exchange News Service (?SENS?) on 11 August 2016 (?Firm Intention Announcement?) (and using the terms defined therein unless otherwise stated) in which Shareholders were informed that Stellar Capital or its Nominee, had made an offer to acquire all the shares in Amecor (excluding the right to receive the Secequip Distributions) for the Scheme Consideration in terms of which Shareholders can elect to receive either:

- a cash consideration of R3.80 per Scheme Share; or

- a share consideration of 2 new Stellar Capital Shares for every 1 Scheme Share; or

- a combination of the Cash Consideration and the Share Consideration.



Posting of combined offer circular

Further to the Firm Intention Announcement, an extension was granted by the Takeover Regulation Panel for the posting of the combined Scheme circular (?Circular?). Shareholders are advised that the Circular to Amecor shareholders, containing full details of the Scheme, has been posted today, 14 September 2016.



The Circular can also be accessed on the website of Amecor, www.amecor.com, as well as on that of Stellar Capital, www.stellarcapitalpartners.co.za.



Notice of Scheme Meeting

Notice is hereby given that a meeting of Shareholders of Amecor will be held at 10:00 on Wednesday, 12 October 2016 at Amecor House, 14 Richard Road, Industria North, 1709, for the purpose of considering, and, if deemed fit, passing, with or without modification, the resolutions set out in the notice convening the Scheme Meeting.



Salient dates

*Record date for Shareholders to be recorded in the Register in order to be entitled to receive the Circular - Friday, 9 September 2016

*Posting of the Circular to Shareholders and notice of Scheme meeting released on SENS - Wednesday, 14 September 2016

*Last day to trade in Shares in order to -be recorded in the Register on the Voting Record Date - Tuesday, 4 October 2016

*Voting Record Date for Shareholders to be recorded in the Register in order to be eligible to vote at the Scheme Meeting - Friday, 7 October 2016

*Forms of Proxy to be received by the Transfer Secretaries by 10:00 on Monday, 10 October 2016

*Scheme Meeting to be held at 10:00 on Wednesday, 12 October 2016

*Results of Scheme Meeting released on SENS - Wednesday, 12 October 2016
26-Aug-2016
(Official Notice)
Stellar Capital shareholders are advised that Ms Caroline du Preez of The Secretarial Company (Pty) Ltd. has resigned as Company Secretary effective 31 August 2016.



The board announced that Mr Sean Graham CA(SA), RA, ACMA will be appointed as Company Secretary of Stellar Capital effective 1 September 2016. Sean is also the Company Secretary of Torre Industries Ltd. and was previously the Company Secretary of Control Instruments Group Ltd.
15-Aug-2016
(C)
Gross loss from investments for the interim period widened to R370.6 million (2015: loss of R7.2 million). Net loss before operating expenses worsened to R397.3 million (2015: loss of R7.2 million). Loss for the period attributable to equity owners of the parent was recorded at R431.5 million (2015: loss of R28.5 million). Furthermore, headline loss per share from continuing operations increased to 46.74 cents per share (2015: loss of 8.43 cents per share).



Prospects

Despite the challenging operating environment for the company's industrial assets, the outlook for Stellar Capital is positive. Torre has used prevailing market conditions to rationalise its cost base and build a more efficient business, while the company has taken the opportunity to average down its entry price in Torre and so ensure that it is better positioned to benefit from the inevitable market recovery when it comes. The capital raised in November 2015 has been deployed into investments in two high quality, cash generative businesses (Prescient and Amecor) which will increase the quality of the portfolio in their current form, but which also have the potential to become significant growth platforms in their own right going forward.



15-Aug-2016
(Official Notice)
Shareholders are referred to the joint announcement released on the Stock Exchange News Service on 19 July 2016 in which they were advised that Prescient and Stellar Capital had entered into an implementation agreement and a subscription agreement in terms of which Stellar Capital will make a strategic equity investment in Prescient Holdings (Pty) Ltd. (?PFH or ?the Business?), the holding company for Prescient?s financial services interests and Prescient will declare a cash distribution to Prescient shareholders (?Prescient Distribution?).



Extension of time to post the Scheme circular

Prescient Shareholders are advised that Prescient applied to the Takeover Regulation Panel (?TRP?) for an extension of the posting date in respect of the Scheme circular, from Tuesday 16 August 2016 to Tuesday, 20 September 2016. This request has been granted by the TRP. The extension that has been granted by the TRP allows for better alignment with the JSE reporting requirements and ensures that Prescient will be able to present the requisite information in a form that it is readily interpretable by shareholders. Accordingly, the Scheme circular will be posted to Prescient Shareholders by no later than Tuesday, 20 September 2016.
11-Aug-2016
(Official Notice)
29-Jul-2016
(Official Notice)
Stellar Capital advises shareholders that independent non-executive director Ms Clare Wiese has resigned from the board with effect from 29 July 2016.



She will be replaced by Stellar Capital?s existing alternate director, Mr Marco Wentzel, whose role will change from alternate director to independent non-executive director, effective 29 July 2016. Details of Mr Wentzel were provided in the SENS announcement dated 12 April 2016.



21-Jul-2016
(Official Notice)
Shareholders are referred to the joint announcement released on the Stock Exchange News Service on 23 June 2016 in which they were advised that Stellar had increased its shareholding in Torre from 33.86% to 35.46%, pursuant to which Stellar is obliged to make a mandatory offer to all Torre shareholders to acquire all of the ordinary shares of Torre that Stellar does not already own (?Offer?).



Combined offer circular

Shareholders are advised that Stellar and Torre have applied to the Takeover Regulation Panel (?TRP?) for an extension of the posting date in respect of the combined Offer circular, from Friday 22 July 2016 to Friday, 29 July 2016. This request has been granted by the TRP and, accordingly, the combined offer circular will be posted to Torre shareholders as soon as possible, but by no later than Friday, 29 July 2016.



19-Jul-2016
(Official Notice)
27-Jun-2016
(Official Notice)
23-Jun-2016
(Official Notice)
23-Jun-2016
(Official Notice)
03-Jun-2016
(Official Notice)
At the annual general meeting ("AGM") of the shareholders of Stellar held today, 3 June 2016 all the ordinary and special resolutions proposed at the AGM were approved by the requisite majority of votes.
02-Jun-2016
(Official Notice)
Further to the cautionary announcement released on the Stock Exchange News Service on 19 April 2016, shareholders of Stellar Capital and Prescient Ltd. ("Prescient") are advised that Stellar Capital and Prescient are continuing their exclusive discussions regarding a potential transaction (the ?Proposed Transaction?) in respect of Prescient?s financial services operations.



The parties are currently in the process of formulating the transaction steps required to achieve their respective commercial objectives. It should be noted that, pursuant to the Proposed Transaction, Prescient?s information management services operations (consisting of the PBT Group of companies) will remain listed on the JSE. The Proposed Transaction, if successfully concluded, may have a material effect on the prices of Stellar Capital?s and Prescient?s shares. Accordingly, shareholders of Stellar Capital and Prescient are advised to continue to exercise caution when dealing in Stellar Capital?s and Prescient?s shares, respectively, until a further announcement is made.
24-May-2016
(Official Notice)
Notice is hereby given in accordance with section 45(5) of the Companies Act, 71 of 2008 ("Companies Act") that pursuant to the authority granted to the board of directors of Stellar Capital ("the Board") by the Shareholders at the annual general meeting held on 5 June 2015, the Board has adopted resolutions to provide financial assistance to related and/or inter-related entities as contemplated in section 45(2) of the Companies Act.



The resolutions passed by the Board authorises the company to provide financial assistance to its subsidiaries and inter- related entities, as envisaged in terms of section 45 of the Companies Act ("the Financial Assistance").



The Board prior to authorising the Financial Assistance considered and satisfied itself, in terms of section 45 of the Companies Act, that:

* immediately after providing the Financial Assistance, the company would satisfy the solvency and liquidity test as contemplated in section 4 of the Companies Act;

* there has been due compliance with the company?s memorandum of incorporation and with the Companies Act; and

* the terms of the Financial Assistance are fair and reasonable in relation to the company.
20-May-2016
(Official Notice)
05-May-2016
(Official Notice)
No change statement

With regard to the audited results for the year ended 30 November 2015, shareholders are advised that the annual financial statements will be distributed to shareholders today, 5 May 2016 and contain no modifications to the audited results which were published on the Stock Exchange News Service of the JSE Limited on 25 February 2016.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Stellar Capital shareholders will be held at the Company?s offices at Third Floor, The Terraces, 25 Protea Road, Claremont, 7708, Cape Town at 10:00 on 3 June 2016 to transact the business as stated in the annual general meeting notice forming part of the annual financial statements.



Amendment to Investment Policy

It is proposed as ordinary resolution number 14 of the notice of annual general meeting to adopt the amendments to the Company?s Investment Policy. These amendments to the Investment Policy are being proposed such that the investment focus areas are elaborated, sectors and geographies of primary interest are defined, criteria for investment and divestment are outlined, measurable growth targets are set and categorisation and shareholder approvals are communicated.



Salient dates

The notice of the company?s annual general meeting has been sent to its shareholders who were recorded as such in the company?s securities register on Friday, 29 April 2016 being the notice record date set by the board of the company used to determine which shareholders are entitled to receive notice of the annual general meeting.



The record date on which shareholders of the company must be registered as such in the company?s securities register in order to attend and vote at the annual general meeting is Friday, 27 May 2016 being the voting record date set by the board of the company used to determine which shareholders are entitled to attend and vote at the annual general meeting. The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Friday, 20 May 2016. Proxy forms must be lodged with the company?s transfer secretaries by no later than 10:00 on Wednesday, 1 June 2016. Any forms of proxy not lodged by this time must be handed to the chairperson of the annual general meeting immediately prior to the annual general meeting.



19-Apr-2016
(Official Notice)
Shareholders of Stellar Capital and Prescient are advised that Stellar Capital and Prescient have entered into exclusive discussions regarding a potential transaction (the ?Proposed Transaction?) in respect of Prescient?s financial services operations (?PFH? or the ?Business?).



The Proposed Transaction will be facilitated by Stellar Capital and includes three primary, inter- conditional steps:

*The unbundling of PFH to Prescient?s shareholders;

*The introduction of a significant black economic empowerment (?BEE?) shareholder to PFH; and

*A strategic investment by Stellar Capital in PFH via the acquisition of shares from Prescient?s shareholders who wish to exit their PFH holding gained as a result of the unbundling.



The management team of PFH will remain invested in the Business following the Proposed Transaction.



The Proposed Transaction, if successfully concluded, may have a material effect on the prices of Stellar Capital?s and Prescient?s shares. Accordingly, shareholders of Stellar Capital and Prescient are advised to exercise caution when dealing in Stellar Capital?s and Prescient?s shares, respectively, until a further announcement is made.



12-Apr-2016
(Official Notice)
Stellar Capital advised shareholders of the change to the alternate director representing independent non-executive director Ms Clare Wiese on the board. Mr Marco Wentzel will replace Ms Christina Wiese as alternate director with effect from 11 April 2016.
18-Mar-2016
(Official Notice)
Notice is hereby given in accordance with section 45(5) of the Companies Act, 71 of 2008 (?Companies Act?) that pursuant to the authority granted to the board of directors of Stellar Capital (?the Board?) by the Shareholders at the annual general meeting held on 5 June 2015, the Board has adopted resolutions to provide financial assistance to related and/or inter-related entities as contemplated in section 45(2) of the Companies Act.



The resolutions passed by the Board authorises the Company to provide financial assistance to its subsidiaries and inter- related entities, as envisaged in terms of section 45 of the Companies Act (?the Financial Assistance?).



The Board prior to authorising the Financial Assistance considered and satisfied itself, in terms of section 45 of the Companies Act, that:

* immediately after providing the Financial Assistance, the Company would satisfy the solvency and liquidity test as contemplated in section 4 of the Companies Act;

* there has been due compliance with the Company?s memorandum of incorporation and with the Companies Act; and

* the terms of the Financial Assistance are fair and reasonable in relation to the Company.
25-Feb-2016
(C)
No service revenue was recorded for the year ended 30 November 2015 (2014: R797 000). Loss from continuing operations was recorded at R27.9 million (2014: profit of R3.4 million). Loss for the period attributable to equity holders of the parent improved to R36.7 million (2014: loss of R94.3 million). Furthermore, headline loss per share widened to 4.69 cents per share (2014: headline loss of 1.79 cents per share).



Dividend

No dividend has been proposed for the year under review (2014:Rnil).

11-Feb-2016
(Official Notice)
Stellar Capital is currently finalising its financial results for the year ended 30 November 2015. In this regard, shareholders are advised that a reasonable degree of certainty exists that Stellar Capital?s results for the year ended 30 November 2015 will be within the following ranges:



Change; Expected Year ended 30 November 2015 (cents) and Reported Fifteen months ended 30 November 2014 (cents)

*Net asset value per share -- +0.73% to +10.73%; 193 to 213; 192



Total

*Headline loss per share -- +53.31% to +73.31%; -7.60 to -4.34; -16.27

*Loss per share -- +76.94% to +96.94%; -21.70 to -2.88; -94.12



Continuing operations

*Headline loss per share -- -172.01% to -152.01%; -4.87 to -4.51; -1.79

*Loss per share -- -424.29% to -404.29%; -9.54 to -9.18; -1.82



Discontinued operations

*Headline loss per share -- +81.16% to +101.16%; -2.73 to +0.17; -14.48

*Loss per share -- +86.83% to +106.83%; -12.16 to +6.30; -92.30



Stellar Capital expects to publish its provisional audited condensed financial results for the year ended 30 November 2015 on the Stock Exchange News Service on or about Friday, 26 February 2016.



Change of measurement criteria for trading statement purposes

As an investment holding company, the assessment of net asset value is a key performance measurement for Stellar Capital. In accordance with paragraph 3.4(b)(v) of the Listings Requirements, shareholders are advised that the board of directors of the Company has resolved to adopt net asset value per share ("NAVPS") for trading statement purposes for the forthcoming year ending 30 November 2016 and going forward. The Company undertakes to confirm this measurement criterion annually in the annual financial statements.
09-Feb-2016
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service (?SENS?) on 30 November 2015, regarding Stellar Capital?s acquisition of an additional 63.14% interest in Tellumat, taking SCP?s total interest in Tellumat up to 93.14%.



The Tellumat Acquisition

Stellar Capital has agreed to acquire the remaining 6.86% of the shares in Tellumat from the Tellumat Employee Share Trust (the ?Trust?), for an aggregate consideration of R12,951,313 which will be settled by the issue of 5 631 007 new shares in SCP at an issue price of R2.30 per share (?Tellumat Acquisition?).



The Trust is not a related party to Stellar Capital.



Following implementation of the Tellumat Acquisition, Tellumat will constitute a wholly-owned subsidiary of Stellar Capital.



The effective date of the Tellumat Acquisition is expected to be on or about 1 March 2016, unless the parties agree otherwise.



Conditions Precedent

There are no conditions precedent to the Tellumat Acquisition.



Categorisation of the Tellumat Acquisition

The Tellumat Acquisition, aggregated with the acquisition of 63.14% in Tellumat announced on SENS on 30 November 2015, constitutes a Category 2 transaction in terms of Section 9 of the JSE Limited Listings Requirements.



Net Assets and Profits of Tellumat

The value of the total net assets of Tellumat which are the subject of the Tellumat Acquisition as at 30 September 2015 is R368 834 000. The audited net profit after tax of Tellumat for the year ended 30 September 2015 is R29 506 000.



Adherence to the JSE Limited Listings Requirements

As mentioned previously in Stellar Capital?s SENS announcement released on 30 November 2015, the memorandum of incorporation of Tellumat and any group subsidiaries will not frustrate SCP in its compliance with its obligations under the JSE Limited Listings Requirements, nor relieve SCP from such compliance.





21-Jan-2016
(Official Notice)
18-Dec-2015
(Official Notice)
Notice is hereby given in accordance with section 45(5) of the Companies Act, that pursuant to the authority granted to the board of directors of Stellar Capital (?the Board?) by the Shareholders at the annual general meeting held on 5 June 2015, the Board has adopted resolutions to provide financial assistance to related and/or inter-related entities as contemplated in section 45(2) of the Companies Act.



The resolutions passed by the Board authorises the Company to provide financial assistance to its subsidiaries and inter- related entities, as envisaged in terms of section 45 of the Companies Act ?the Financial Assistance?).



The Board prior to authorising the Financial Assistance considered and satisfied itself, in terms of section 45 of the Companies Act, that:

*immediately after providing the Financial Assistance, the Company would satisfy the solvency and liquidity test as contemplated in section 4 of the Companies Act;

*there has been due compliance with the Company?s memorandum of incorporation and with the Companies Act; and

*the terms of the Financial Assistance are fair and reasonable in relation to the Company.



.
30-Nov-2015
(Official Notice)
30-Nov-2015
(Official Notice)
Stellar Capital shareholders are referred to the announcements released on the Stock Exchange News Service (?SENS?) on 22 October 2015 and 3 November 2015, relating to a renounceable rights issue to qualifying Stellar Capital shareholders to raise R400 million ("Rights Issue").



The Rights Issue consisted of an offer of 173,913,044 new Stellar Capital shares ("Rights Issue Shares") at an issue price of R2.30 per Rights Issue Share.



The Rights Issue was underwritten by Anchor Capital Proprietary Limited and Thunder Capital Proprietary Limited ("the Underwriters"). The Rights Issue closed at 12:00 on Friday, 27 November 2015.



Issue of Rights Issue Shares

Share certificates will be posted to holders of certificated shares who have followed their rights on Monday, 30 November 2015. The CSDP or broker accounts of holders of dematerialised shares or their renounces, who have followed their rights, will be credited with the Rights Issue Shares and debited with the payments due on Monday, 30 November 2015.



Excess applications

Shareholders who applied for excess Rights Issue Shares have been allocated their full applications.



Share certificates will be posted to holders of certificated shares, who have been allocated excess Rights Issue Shares on or about Wednesday, 2 December 2015. The CSDP or broker account of holders of dematerialised shares who have been allocated excess Rights Issue Shares, will be credited with the excess Rights Issue Shares and debited with the payments due on or about Wednesday, 2 December 2015.

26-Nov-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 24 November 2015 regarding a redeemable convertible preference share offering ("Bookbuild"). Stellar Capital announced that the Bookbuild was oversubscribed and the Company has successfully closed and priced the Bookbuild. The redeemable convertible preference shares will earn a rate of 95% of prime payable semi-annually in arrears. The initial conversion price has been set at R2.78 per ordinary share, representing a premium of 20.0% above the closing price (R2.32) of the ordinary shares of the Company on the day prior to the Bookbuild (24 November 2015).



Settlement

Settlement of the Bookbuild will take effect after the amendments to Stellar Capital's Memorandum of Incorporation have been registered with the Companies and Intellectual Property Commission. Successful applicants in the Bookbuild will be advised by the bookrunner regarding the procedures for and timing of settlement of the Bookbuild, expected on or about 30 November 2015.



Fairness opinion

As stated in the SENS announcement and the circular to shareholders dated 22 October 2015 certain related parties intended to participate in the Bookbuild and have been successful in their applications in the Bookbuild. Stellar Capital was required to obtain a fairness opinion from an independent expert confirming that the terms and conditions of the Bookbuild are fair to Stellar Capital shareholders. Stellar Capital shareholders are advised that:

* Questco (Pty) Ltd. was appointed as the independent expert (the 'Independent Expert') by the board of directors of Stellar Capital to provide a fairness opinion (the 'Fairness Opinion');

* Written confirmation was obtained from the Independent Expert which confirms that the terms and conditions of the Bookbuild are fair to Stellar Capital shareholders; and

* The Fairness Opinion is available for inspection at Stellar Capital`s registered offices until 24 December 2015.
19-Nov-2015
(Official Notice)
Shareholders are referred to the SENS announcement and notice circular published on 22 October 2015 regarding the proposed R1 billion capital raise by Stellar Capital and specifically the creation and issue of 600 Preference Shares (the "Circular").



The company is pleased to advise shareholders that all the resolutions contained in the notice of general meeting included in the Circular, were passed by a comprehensive majority of shareholders present or represented by proxy at the general meeting held today, 19 November 2015.



Altogether 518,281,570 shares, eligible to vote and representing 69% of Stellar Capital?s issued share capital, were represented at the meeting.
11-Nov-2015
(Official Notice)
Shareholders are referred to the SENS announcement published by Hudaco Industries Ltd. (?Hudaco?) on 10 November 2015 (?the Hudaco Announcement?). The Hudaco Announcement states that, in addition to instituting legal proceedings against, among others, certain former directors and other entities within the Cadiz Holdings Ltd. group, Hudaco has also instituted legal proceedings against Cadiz Asset Management (Pty) Ltd.. Cadiz Holdings Ltd. is a Stellar investee company.



Stellar notes that Hudaco commenced action against Cadiz Asset Management (Pty) Ltd. t/a Cadiz Specialised Asset Management, Registration No 1996/009475/07. The latter entity is the entity that was directly involved in the transaction in issue. It is recorded that Cadiz Asset Management (Pty) Ltd., Registration No 1953/001254/07 was not involved in the transaction and is not cited as a defendant in the proceedings instituted by Hudaco. All steps are being taken to procure the correction of the Hudaco Sens announcement.



Furthermore the Cadiz group companies that are named in the action have advised Stellar that they deny any and all claims made or advanced in the action against them. The claim has been handed over to Cadiz? insurers and the action will be vigorously defended.
03-Nov-2015
(Official Notice)
22-Oct-2015
(Official Notice)
22-Oct-2015
(Official Notice)
21-Oct-2015
(Official Notice)
Shareholders are referred to the SENS announcement published on 21 July 2015 regarding the proposed acquisition by Stellar Capital of 34.62% of the issued share capital of Torre Industries Ltd. for an aggregate amount of R910,391,385 which will result in a reverse takeover of Stellar Capital (?Torre Acquisition?). The Company is pleased to advise shareholders that all the resolutions contained in the notice of general meeting included in the circular posted to shareholders on 4 September 2015 in respect of the Torre Acquisition, were passed by a comprehensive majority of shareholders present or represented by proxy at the general meeting. Altogether 190 196 441 shares, eligible to vote and representing 67.26% of Stellar Capital?s issued share capital, were represented at the meeting.
15-Oct-2015
(Official Notice)
Shareholders are referred to the joint announcement published on SENS on 19 June 2015, the subsequent announcements on 9 July 2015 and 6 August 2015 and the combined circular to Cadiz Holdings Ltd. ("Cadiz") shareholders dated 31 August 2015 (the ?Circular?) regarding the firm intention by Stellar Capital, acting through Bidco, to make an offer to acquire 100% of the total issued ordinary shares in Cadiz (excluding 12 073 989 treasury shares held by a subsidiary of Cadiz), by way of the Scheme. Capitalised terms in this announcement bear the same meaning as in the Circular.



Stellar Capital and Cadiz announced that all the Scheme Conditions, as detailed in the Circular, have been fulfilled and accordingly the Scheme is unconditional.



Shareholders are advised of the following important dates:

* Application for the termination of the listing of all the Cadiz Shares from the Main Board of the JSE expected to be lodged: Thursday, 15 October

* Last day to trade in Cadiz Shares in order to be recorded on the Register on the Scheme Record Date (Scheme Last Day to Trade): Friday, 23 October

* Date of the suspension of listing of Cadiz Shares on the JSE: Monday, 26 October

* Scheme Record Date on which Cadiz Shareholders must be recorded in the Register to receive the Scheme Consideration: Friday, 30 October

* Scheme Operative Date : Monday, 2 November

* Date of settlement of Scheme Consideration to Scheme Participants who hold Certificated Cadiz Shares (if the Form of Election, Surrender and Transfer and Documents of Title are received on or prior to 12h00 on the Scheme Record Date): Monday, 2 November

* Date of updating the accounts of Scheme Participants who hold Dematerialised Cadiz Shares at their CSDP or broker: Monday, 2 November

* Termination of listing of Cadiz Shares at commencement of trade on the JSE: Tuesday, 3 November
05-Oct-2015
(Official Notice)
29-Sep-2015
(Official Notice)
Shareholders are referred to the joint announcement released on SENS by Stellar and Cadiz Holdings Ltd. ("Cadiz") on 9 July 2015 regarding the firm intention by Stellar, through Bidco, to acquire all the shares in Cadiz not already owned by Stellar (the ?Announcement?) as well as the circular posted to Stellar and Cadiz shareholders on 31 August 2015 (the ?Circular?). Defined terms in the Announcement and Circular are used in this announcement.



Shareholders are hereby advised that, at the general meeting of Cadiz shareholders held on 29 September 2015, the resolutions to approve the Scheme were passed by the requisite majority of Shareholders. Accordingly, the General Offer will not be made by Stellar.
22-Sep-2015
(Official Notice)
On 22 September 2015, one of Stellar Capital?s investee companies, Goliath Gold Mining Ltd. ("Goliath Gold"), published a joint firm intention announcement regarding the offer by Gold One Africa Ltd. ("Gold One Africa") to acquire all the ordinary shares in Goliath Gold that it does not already own, by way of a scheme of arrangement ("Scheme") in accordance with sections 114 and 115 of the Companies Act, No. 71 of 2008 (the "Act"). In terms of the Scheme, Goliath Gold shareholders may elect to either receive an immediate cash payment of R1.00 per Goliath share or a deferred cash payment of R1.60 per Goliath share after the expiry of 18 months following the implementation of the Scheme or any combination of the immediate cash payment of R1.00 and the deferred cash payment of R1.60 in such ratio as may be elected.



Currently, Stellar Capital holds 32 311 931 shares in Goliath Gold ("Goliath Shares"), representing approximately 21.89% of Goliath Gold?s issued share capital. To the extent implemented, the Scheme would result in Gold One Africa acquiring all of Stellar Capital?s Goliath Shares. The Scheme requires approval from at least 75% of Goliath Gold?s shareholders who are eligible and present to vote at the Scheme meeting. Stellar Capital has provided an irrevocable undertaking to Gold One Africa and Goliath Gold to vote in favour of the Scheme. Stellar Capital also undertook to elect the deferred cash payment of R1.60 pursuant to the success of the Scheme. Should the Scheme be implemented, Stellar Capital will, from a JSE Listings Requirements perspective, be regarded as having made a Category 2 disposal and is accordingly required to notify its shareholders.



The effective date of the Scheme is expected to be on or about Monday, 28 December 2015.



Conditions precedent

The implementation of the Disposal will be subject to the Scheme being implemented by no later than 31 December 2015. In the event that the Scheme succeeds, the resultant Disposal will be regarded as a Category 2 transaction in terms of the Listings Requirements of the JSE and consequently requires to be notified to Stellar Capital shareholders.
04-Sep-2015
(Official Notice)
Further to the announcement released on SENS on 21 July 2015, shareholders are advised that the circular ("Circular") containing details of the acquisition by Stellar Capital of 34.62% of Torre Industries Limited ("Torre"), has been posted to shareholders.



The salient dates as contained in the Circular are as follows:

*Record date in order to be eligible to receive the Notice of General Meeting Friday, 28 August 2015

*Circular and Notice of General Meeting posted to shareholders on Friday, 4 September 2015

*Last date to trade in Stellar Capital shares in order to be recorded in the register to vote at the General Meeting on Friday, 9 October 2015

*Voting Record Date by close of trade on Friday, 16 October 2015

*Last date to lodge forms of proxy in respect of the General Meeting by 10:00 on Monday, 19 October 2015

*General Meeting to be held at 10:00 on Wednesday, 21 October 2015

*Results of General Meeting released on SENS on Wednesday, 21 October 2015

02-Sep-2015
(Official Notice)
Shareholders are referred to the SENS announcement published on 5 August 2015 regarding the disposal by Stellar Capital of its shares in Digicore to Novatel pursuant to a scheme of arrangement (?Digicore Disposal?).



The Company advised shareholders that all the resolutions contained in the notice of general meeting as posted to shareholders on 5 August 2015 in respect of the Digicore Disposal, were passed by a comprehensive majority of shareholders present or represented by proxy at the general meeting held on 2 September 2015.



Altogether 172 313 835 shares, eligible to vote and representing 60.93% of Stellar Capital?s issued share capital, were represented at the meeting.



2 400 Stellar shares abstained from voting on the resolutions.



The expected operative date of the scheme of arrangement is expected to be on or about 19 October 2015.
31-Aug-2015
(Official Notice)
18-Aug-2015
(Official Notice)
Further to the announcement released on SENS on 5 August 2015, shareholders are advised that the detailed circular (?Detailed Circular?) containing details of the potential sale by Stellar Capital of its shares in Digicore Holdings Limited (?Digicore?), to Novatel Wireless Inc. (?Novatel?) (?the Disposal?), has been posted to shareholders. The Detailed Circular should be read in conjunction with the Summary Circular posted on 5 August 2015.



The salient dates as contained in the Notice of General Meeting attached to the Summary Circular as well as in the Detailed Circular are as follows:

*Record date in order to be eligible to receive the Notice of General Meeting Friday, 24 July 2015

*Notice of General Meeting posted to shareholders on Wednesday, 5 August 2015

*Last date to trade in Stellar Capital shares in order to be recorded in the register to vote at the General Meeting on Friday, 21 August 2015

*Voting Record Date by close of trade on Friday, 28 August 2015

*Last date to lodge forms of proxy in respect of the General Meeting by 08:30 on Monday, 31 August 2015

*General Meeting to be held at 08:30 on Wednesday, 2 September 2015

*Results of General Meeting released on SENS on Wednesday, 2 September 2015

*Digicore scheme meeting to be held at 10:00 on Wednesday, 2 September 2015

*Expected effective date of the Disposal Monday, 19 October 2015



06-Aug-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS by Stellar and Cadiz on 9 July 2015 (the ?Announcement?). All terms defined in the Announcement shall bear the same meaning in this announcement.



Shareholders are advised that the relevant special resolutions in connection with the registration of the Prospectus have been filed with CIPC but registration thereof has not yet taken place. Due to this delay, which is beyond the control of Stellar and Cadiz, the TRP has, in terms of section 119(6)(c) of the Companies Act, granted Stellar and Cadiz a further extension of the posting date for the Circular until Monday, 31 August 2015.



The salient dates in relation to the Scheme and the General Offer will be published on SENS and in the press prior to the posting of the Circular.
05-Aug-2015
(Official Notice)
31-Jul-2015
(C)
Stellar released their first interim results for the period ended 31 May since they changed their year end. Therefore there are no comparable figures.Gross loss from investments and operations from continuing operations came in at R7.2 million. Net loss before operating expenses was R7.2 million, loss from continuing operations attributable to equity holders of the parent was R19.7 million. Furthermore, headline and diluted headline loss per share from continuing operations was 8.43cps.



Dividend

No dividend was declared.



Outlook

The Group?s listed investments are currently subject to increased corporate activity, the impact of which will largely only crystallise within the results of the Group during the medium term. The unlisted investments are trading satisfactorily. The board and Manco continues to evaluate opportunities to implement the investment strategy of the Group.
27-Jul-2015
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that Stellar?s results for the six months ended 31 May 2015 will be within the following estimated ranges:



Expected six months ended 31 May 2015 - Reported six months ended 28 February 2014

Total:

* Headline earnings/(loss) per share: (12.54) to (7.76) - (23.90)

* Earnings/(Loss) per share: (22.74) to (2.94) - (98.98)



Continuing operations:

* Headline earnings/(loss) per share : (9.39) to (7.47) - (9.60)

* Earnings/(Loss) per share : (9.86) to (7.94) - (9.59)



In accordance with the requirements of IFRS 5 ?Non-current Assets Held for Sale and Discontinued Operations?, the comparative prior period statement of comprehensive income and statement of cash flows have been re-presented for the disclosures that relate to the operations of Structured Connectivity Solutions (Pty) Ltd. and Chrystalpine Investments 9 (Pty) Ltd., incorporating Andrews Kit (Pty) Ltd., which have been discontinued and disposed of by the end of the current financial reporting period.



Shareholders are advised that the offers to acquire 100% of the issued ordinary shares of Cadiz Holdings Ltd. and a strategic minority stake in Torre Industries Ltd., as announced by Stellar on SENS on 19 June 2015 and 6 July 2015 respectively, have not been incorporated into the expected results presented herein as those corporate actions will only become unconditional after the close of the financial reporting period presented.



The Company expects to publish its 31 May 2015 interim results on SENS on or about Friday, 31 July 2015.
21-Jul-2015
(Official Notice)
Shareholders of Stellar are referred to the announcement dated 6 July 2015, relating to the terms of the acquisition by Stellar of a 26.25% interest in the issued ordinary share capital of Torre Industries Limited ("Torre"), and which outlined Stellar?s further intention to approach certain other Torre shareholders with an offer to acquire additional shares in Torre (collectively, the "Transaction").



Stellar is pleased to advise shareholders that it has entered into agreements to acquire a further 8.33% interest in Torre such that its total shareholding in Torre following the completion of the Transaction will be 34.58%.



The total investment in Torre will equate to R909 273 385 of which R779 054 988 will be settled via the issue of 389 527 494 new Stellar shares at R2.00 per share and R130 298 317 will be settled in cash. A circular to Stellar shareholders detailing the Transaction will be circulated and an announcement with salient dates relating to the Transaction will be published in due course.

09-Jul-2015
(Official Notice)
Shareholders are referred to the joint announcement published on SENS by Stellar and Cadiz on 19 June 2015 (the ?Firm Intention Announcement?) regarding, inter alia, the firm intention of Stellar, acting through a special purpose vehicle to be incorporated as a wholly-owned subsidiary of Stellar, to make an offer to acquire 100% of the total issued ordinary shares in Cadiz (excluding 12 073 989 treasury shares held by a subsidiary of Cadiz, which constitute approximately 4.91% of the total issued ordinary share capital of Cadiz), being 233 749 129 shares:

* by way of a scheme of arrangement in terms of section 114(1)(c), read with section 115, of the Companies Act, No. 71 of 2008, as amended, to be proposed by the board of directors of Cadiz between Cadiz and all its shareholders (including, for the avoidance of doubt, Stellar); or

* if the Scheme is not proposed or fails and Stellar so elects, by way of an offer by Stellar to all the Offeree Shareholders (other than Stellar) to acquire the Offer Shares.



All terms defined in the Firm Intention Announcement shall bear the same meaning in this announcement.



The offer to the Offeree Shareholders to receive, if they so elect, Bidco Shares as Offer Consideration (on the basis set out in paragraph 1.4 of the Firm Intention Announcement), constitutes an offer to the public in terms of section 95(1)(h) of the Companies Act and as such, a prospectus will be required to be issued for Bidco in terms of section 99(3) of the Companies Act (the ?Prospectus?).



Shareholders are hereby advised that, in order to allow sufficient time for, inter alia, the preparation of the report to be issued by the Independent Expert in terms of section 114(3) of the Companies Act and section 1.14(d) of the Listings Requirements of the JSE, the approval of the Circular by the JSE, and the registration of the Prospectus with the Companies and Intellectual Property Commission, the TRP has, in terms of section 119(6)(c) of the Companies Act, granted Stellar and Cadiz an extension of the posting date for the Circular until Friday, 7 August 2015.



The salient dates in relation to the Scheme and the General Offer will be published on SENS and in the press prior to the posting of the Circular.
06-Jul-2015
(Official Notice)
19-Jun-2015
(Official Notice)
The boards of directors of Stellar and Cadiz Holdings Ltd. ("Cadiz") announced that the board of directors of Cadiz has received notification from Stellar, acting through a special purpose vehicle to be incorporated as a wholly-owned subsidiary of Stellar (?Bidco?) of its firm intention to make an offer to acquire 100% of the total issued ordinary shares in Cadiz (excluding 12 073 989 treasury shares held by a subsidiary of Cadiz, which constitute approximately 4.91% of the total issued ordinary share capital of Cadiz (?Treasury Shares?)), being 233 749 129 shares (the ?Offer Shares?).



Termination of Cadiz's listing

In the event that the Scheme becomes operative or the General Offer is implemented, and subject to the General Offer Conditions being fulfilled, application will be made to the JSE to terminate the listing of all of the Cadiz shares from the Main Board of the JSE.



Documentation and salient dates

Further details of the Scheme and the General Offer will be included in the Circular, which will contain, inter alia, a notice of the Cadiz General Meeting, a form of proxy and a form of acceptance, surrender and transfer. Each of the Scheme and the General Offer will constitute a separate affected transaction for purposes of the Companies Regulations and the Circular will distinguish between them and accordingly contain, inter alia, separate disclosures regarding each of the Scheme and the General Offer. The Circular is expected to be posted on or about 13 July 2015. The salient dates in relation to the Scheme and the General Offer will be published on SENS and in the press prior to the posting of the Circular.
05-Jun-2015
(Official Notice)
Shareholders are advised that, at the Annual General Meeting ("AGM") of Stellar shareholders held on 5 June 2015, all the special and ordinary resolutions contained in the notice of AGM included in the annual report posted to Stellar shareholders on 8 May 2015 (the "Annual Report") (the "Resolutions") were passed by the requisite majority of Stellar shareholders. 173 322 480 shares eligible to vote and representing 61.29% of Stellar?s issued share capital were represented and voted at the AGM. There were no abstentions to any of the resolutions presented at the AGM.
11-May-2015
(Official Notice)
Shareholders are advised that The Secretarial Company (Pty) Ltd. (?The Secretarial Company?), represented by Caroline du Preez, has been appointed as company secretary to Stellar Capital and its subsidiaries with effect from 11 May 2015.



The Secretarial Company will be taking over the role of company secretary from Lavender Sky (Pty) Ltd., represented by Warwick van Breda.
08-May-2015
(Official Notice)
Shareholders are hereby advised that the Company?s integrated annual report, which contains the audited consolidated annual financial statements of the Group for the fifteen months ended 30 November 2014 (the "AFS"), has been dispatched to shareholders today, 8 May 2015. The AFS contain no modifications to the audited condensed provisional group results released on SENS on 27 February 2015. An abridged report will therefore not be published. The integrated annual report is also available on the Company?s website at www.stellarcapitalpartners.co.za.



Notice of Annual General Meeting

Notice is hereby given that the annual general meeting of Stellar Capital will be held at the Company?s registered office at Level P3, Oxford Corner, cnr Jellicoe and Road, Rosebank, Johannesburg on Friday, 5 June 2015 at 10:00 to transact the business as set out in the notice of the annual general meeting which is contained in the integrated annual report. The date on which shareholders must be recorded as such in the share register of the Company to be eligible to vote at the annual general meeting will be Friday, 29 May 2015 with the last day to trade being Friday, 22 May 2015.
08-Apr-2015
(Official Notice)
Stellar advised its shareholders that it has acquired a 16.45% interest in Cadiz Holdings Ltd. ("Cadiz") from various shareholders for a total cash consideration of R45 283 142 (the ?Transaction?). The final share purchases were implemented on 7 April 2015 (?Effective Date?). As at Cadiz?s last interim reporting date, 30 September 2014 (the ?Last Reporting Date?), the value of Cadiz? net assets were R444 204 000 and the company reported a loss from continuing operations of R200 492 000.



Conditions precedent

There are no outstanding conditions precedent to the Transaction, which is unconditional from the Effective Date.
01-Apr-2015
(Permanent)
ConvergeNet Holdings Ltd. was renamed to Stellar Capital Partners Ltd. on Thursday, 2 April 2015
25-Mar-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 16 January 2015 which advised shareholders that, inter alia, the special resolutions to approve the name change of the Company from ConvergeNet to ?Stellar Capital Partners Ltd.? (the ?Special Resolutions?), as detailed in the circular to ConvergeNet shareholders dated 15 December 2014, were passed at the general meeting of ConvergeNet shareholders on the same day.



The Company is pleased to advise that the resolutions for the Name Change have successfully been registered by the Companies and Intellectual Property Commission. Accordingly, the Name Change is unconditional.



Shareholders are advised of the following important dates:

*Finalisation announcement in respect of the Name Change released on SENS on Wednesday, 25 March

*Finalisation announcement in respect of the Name Change published in the press on Thursday, 26 March

*Last day to trade under the old name ConvergeNet on Wednesday, 1 April

*Name Change effective on the JSE from commencement of trade on Thursday, 2 April

*ConvergeNet shares trade under the new name ?Stellar Capital Partners Ltd.? under the JSE share code ?SCP?, abbreviated name ?Stellar? and new ISIN code ?ZAE000198586? from commencement of trade on Thursday, 2 April

*Record date for the Name Change (the ?Name Change Record Date?) on Friday, 10 April

*New ConvergeNet share certificates, reflecting the Name Change, posted, by registered post in South Africa, to certificated shareholders who have surrendered their Documents of Title on or before 12:00 on the Name Change Record Date on or about Monday, 13 April

*ConvergeNet dematerialised shareholders? accounts at their CSDP or broker updated with the new name on Monday, 13 April.
06-Mar-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 16 January 2015 (the "Announcement") which advised shareholders that, inter alia, the special resolutions to approve the name change of the company from ?ConvergeNet Holdings Ltd.? to ?Stellar Capital Partners Ltd.? (the ?Special Resolutions?), as detailed in the circular to ConvergeNet shareholders dated 15 December 2014 were passed at the general meeting of ConvergeNet shareholders on the same day.



Shareholders are advised that the Special Resolutions have not yet been registered with CIPC due to delays experienced at CIPC?s offices. The dates in the Announcement are therefore no longer applicable. The company will keep shareholders informed of progress in this regard and a detailed Finalisation Announcement containing an updated timetable will be released on SENS and published in the press as soon as the registration of the Special Resolutions has taken place.
27-Feb-2015
(C)
The Group hereby presents its audited condensed group results for the fifteen months ended 30 November 2014, therefore there are no comparatives. Shareholders are advised that the corporate actions announced by the Group on SENs on 8 September 2014 and 27 October 2014 (the Announcements), as detailed, have not been incorporated into the results presented herein as those corporate actions only became unconditional after the close of the financial period presented.



Revenue from continuing operations amounted to R797 000, and gross profit came in at R307 000. Operating loss was recorded at R3.8 million while net attributable loss was at R94.3 million. In addition, headline loss per share from continuing operations amounted to 1.79cps.



The announcements detailed, inter alia, the Group?s plans to sell its remaining two operating companies, Structured Connectivity Solutions Pty Ltd (SCS) and Chrystalpine Investments 9 Pty Ltd Group (Chrystalpine) (incorporating Andrews Kit Pty Ltd (Contract Kitting)) and as a result of this firm intention to dispose of those entities, the cash generating unit of SCS and Chrystalpine have been classified as a disposal group held for sale in terms of IFRS 5 Non-current assets held for sale and discontinued operations (IFRS 5) at 30 November 2014. In terms of the requirements of IFRS 5, the Group has presented the assets and liabilities of the disposal group separately on the face of the statement of financial position and have accounted for this disposal group by measuring the assets and liabilities of SCS and Chrystalpine at the lower of their carrying values and the fair value of those assets less cost to sell. In addition to the statement of financial position disclosures, the sum of the post-tax profit or loss of the discontinued operations, SCS and Chrystalpine for the fifteen months ended 30 November 2014 and year ended 31 August 2013 (restated) is presented as a single amount on the face of the statement of comprehensive income. The impact of the sale of SCS and Chrystalpine (incorporating Contract Kitting) will be disclosed in profit and loss from discontinued operations in the forthcoming financial year.



Dividend

No dividend has been proposed for the period under review.



Group outlook

The Group is positive about entering into a new phase as investment holding company and the implementation of its stated investment strategy.



24-Feb-2015
(Official Notice)
12-Feb-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 28 January 2015 (the ?Announcement?) and are hereby notified that the acquisition of ConvergeNet shares by Investec Asset Management Holdings (Pty) Ltd. (on behalf of segregated clients) did not in fact result in an increase of its interest in the securities of the company over 5% as previously reported. Accordingly, the Announcement is hereby retracted.
09-Feb-2015
(Official Notice)
Further to the announcement released on SENS on 3 February 2015, the company is pleased to announce that all the remaining conditions precedent to the Contract Kitting Disposal, as detailed in the circular dated 15 December 2014, have been fulfilled. Accordingly, the Contract Kitting Disposal is now unconditional.
03-Feb-2015
(Official Notice)
Shareholders are referred to the announcement released on SENS on 16 January 2015 which advised shareholders that, inter alia, the special resolution to approve the Contract Kitting Disposal, as detailed in the circular to ConvergeNet shareholders dated 15 December 2014 (the ?Circular?) was passed at the General Meeting by the requisite majority of shareholders. All terms defined in the Circular shall bear the same meaning in this announcement.



Shareholders are hereby advised that the remaining conditions precedent to the Contract Kitting Disposal are expected to be fulfilled by no later than 10 February 2015, by which date it is expected that the finalisation announcement will be released on SENS.

28-Jan-2015
(Official Notice)
In compliance with section 3.59 of the Listings Requirements of the JSE Ltd. (the ?Listings Requirements?), the board of directors of ConvergeNet (the ?Board?) is pleased to announce the following changes to the Board:



Mr Peter van Zyl (?Mr Van Zyl?), who is currently acting as the Financial Director and Interim Chief Executive Officer of the Company, has been appointed as the permanent Chief Executive Officer of the Company with effect from 1 February 2015.



Mr Charl de Villiers (?Mr De Villiers?) will replace Mr Van Zyl as Chief Financial Officer with effect from 1 February 2015.



Mr De Villiers is a qualified Chartered Accountant (SA). He holds B.Acc LLB (cum laude) and B.Acc (Hons) degrees from the University of Stellenbosch. He completed his SAICA training with Deloitte in its financial services division and was later retained as an audit manager in the same division where he serviced a portfolio of asset managers and one of South Africa?s most prominent reinsurers. In May 2013, Mr De Villiers joined AfrAsia Corporate Finance where he advised ConvergeNet on the sale of Sizwe Africa IT Group and other operating subsidiaries as well as the subsequent conversion of the Company to an investment entity.



The Company welcomes Mr De Villiers to the Board and looks forward to his contribution to the Group.
16-Jan-2015
(Official Notice)
15-Dec-2014
(Official Notice)
04-Dec-2014
(C)
Revenue from continuing operations decreased to R755 000 (R19.9 million), and gross profit declined to R265 000 (R1.6 million). Operating loss was recorded at R1.1 million (loss of R26.3 million) while net attributable loss narrowed to R92 million (loss of R209.2 million). In addition, headline loss per share from continuing operations amounted to 2.94cps (headline loss per share at 2.84cps).



Dividend

No dividend has been proposed for the period under review.



Prospects

Shareholders are referred to the Announcements for further information regarding the Group outlook. Furthermore, the Group is currently finalising a detailed circular to shareholders ("Circular") which will provide an overview of ConvergeNet?s intention to convert to an investment holding company and transfer from the "information and communication technology" sub-sector of the JSE to the "investment companies" sub-sector of the JSE. Shareholders are advised to consult the Circular, which is expected to be posted to shareholders on or about 15 December 2014, in order to consider the pro-forma financial effects of each of the corporate actions contained in the Announcements.
18-Nov-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS on 30 October 2014 (the "Announcement") regarding the proposed special and ordinary resolutions providing for:

* an amendment to the company's Memorandum of Incorporation, as detailed in the Notice dispatched to shareholders on 30 October 2014; and

* an increase in the company's authorised ordinary share capital of 200 000 000 ordinary shares of no par value to 1 000 000 000 ordinary shares of no par value by the creation of an additional 800 000 000 ordinary shares of no par value.



All terms defined in the Announcement shall bear the same meaning in this announcement.



Shareholders are hereby advised that the company has, to date, received written consents from shareholders entitled to exercise their voting rights in respect of the Resolutions and holding in aggregate 79 519 794 shares, representing 78.77% of the total issued share capital of the company.



Accordingly, the Resolutions are regarded as having been adopted by the company in terms of section 60(2) of the Companies Act.



The special resolutions referred to in the Notice will now be submitted to CIPC and shareholders will be advised once confirmation of filing has been received.
30-Oct-2014
(Official Notice)
Shareholders are hereby notified that the board of directors of the Company has resolved to propose that shareholders consider and, if deemed fit, pass the following resolutions by written consent in terms of section 60 of the Companies Act (the "Resolutions"):

* Amendment to the Company's Memorandum of Incorporation; and

* Increase in the Company's authorised ordinary share capital of 200 000 000 ordinary shares of no par value to 1 000 000 000 ordinary shares of no par value by the creation of an additional 800 000 000 ordinary shares of no par value.



In terms of the Companies Act and the Company's Memorandum of Incorporation, in order for the Resolutions to be approved by shareholders, it must be supported by at least 75% of the voting rights exercised on the respective Resolutions. The section 60 notice of the Resolutions (the "Notice") was posted to shareholders on Thursday, 30 October 2014 and will be sent electronically to those shareholders who have provided the Company and/or the Company's transfer secretary with electronic contact details. The Notice will also be available on the Company's website at www.convergenet.co.za.



The record date for the purpose of voting on the Resolutions (being the date on which a shareholder must be registered in the Company's shareholder register in order to vote on the Resolutions) is Friday, 7 November 2014. The salient dates in respect of the Notice are as follows:

* Record date for determining which shareholders will be entitled to receive the Notice : Friday, 17 October 2014

* Record date for determining which shareholders are entitled to vote on the Resolutions : Friday, 7 November 2014

* Form of written consent to be received by the Company Secretary by 12:00 on Friday, 5 December 2014.
27-Oct-2014
(Official Notice)
10-Oct-2014
(Official Notice)
Shareholders are referred to the announcement which was released on SENS and published in the press on 8 September 2014 and 9 September 2014, respectively (the "Announcement") regarding, inter alia:

* the transfer of the company's listing from the Computer Services" sub-sector to the "Investment Companies" sub-sector of the JSE;

* the disposal of Chrystalpine Investments 9 (Pty) Ltd. (intermediary holding company of Andrews Kit (Pty) Ltd., trading as Contract Kitting) and Structured Connectivity Solutions (Pty) Ltd.;

* the acquisition of the following strategic equity interests:

- 30% of Tellumat (Pty) Ltd.;

- 17.64% of Digicore Holdings Ltd.;

- an additional 30.32% of Mine Restoration Investments Ltd.;

- an additional 16.30% of Goliath Gold Mining Ltd.; and

- 40.00% of Praxis Financial Services (Pty) Ltd.;

* a specific issue of shares for cash; and

* a change of name of the company.



All terms defined in the Announcement shall bear the same meaning in this announcement.



In terms of Regulation 102(2)(a) of the Companies Regulations, the company is required to post the Circular within 20 business days after the date of publication of the Announcement.



Shareholders are hereby advised that, in terms of Regulation 102(2)(b) of the Companies Regulations, the TRP has granted an extension of the Circular posting date, which date will now be no later than Friday, 12 December 2014.



The pending finalisation of definitive legal documentation, a condition precedent to a number of corporate actions contained in the Announcement, as well as the ongoing compilation of reporting accountants' reports on the historical financial information of the various Category 1 acquisitions, necessitated the extension.



The salient dates in relation to the Transactions will be published on SENS and in the press prior to the posting of the Circular.
08-Sep-2014
(Official Notice)
The board of directors of the Company announced the appointment of Mses Clare Wiese and Christina Wiese as independent non-executive directors of the Board with immediate effect. Following the aforementioned changes to the directorate, the Board's committees have been reconstituted as follows:



Audit and Risk Committee:

* Janine de Bruyn (Chairperson)

* Charles Pettit

* Christina Wiese

* Clare Wiese



Nomination Committee:

* Dumisani Tabata (Chairperson)

* Charles Pettit

* Clare Wiese



Remuneration Committee:

* Dumisani Tabata (Chairperson)

* Janine de Bruyn

* Christina Wiese



Social - Ethics Committee:

* Dumisani Tabata (Chairperson)

* Janine de Bruyn

* Lerato Mangope

08-Sep-2014
(Official Notice)
28-Jul-2014
(Official Notice)
Shareholders are advised that AfrAsia Corporate Finance (Pty) Ltd. has been appointed as sponsor of the Company with effect from 1 August 2014.
28-Jul-2014
(Official Notice)
Further to the cautionary announcement dated 13 June 2014 (the "First Cautionary Announcement"), shareholders are advised that the board of directors of the Company is still considering various strategic options, as referred in the First Cautionary Announcement, all of which, if successful, may have a material effect on the price of the Company's securities.



Accordingly, shareholders are advised to continue exercising caution when dealing in the Company's securities until a full announcement is made.
25-Jul-2014
(Official Notice)
The board of directors announced the appointment of Ms Janine De Bruyn as an independent non-executive director of the board, chairperson of the Audit Committee and member of the Remuneration Committee and Social and Ethics Committee of the Company with immediate effect.
03-Jul-2014
(Official Notice)
Shareholders are advised that Mr Nkosemntu Nika has resigned as an independent non-executive director of the Company with immediate effect.
13-Jun-2014
(C)
Revenue declined to R119.1 million (R132.2 million). Gross Profit rose to R30 million (R22.4 million), but the operating loss more than doubled to R48.3 million (loss of R22.3 million). Net attributable loss also more than doubled to R46.8 million (loss of R20.8 million). However, the headline loss from continuing operations narrowed to 12.11cps (loss of 22.7cps adjusted for share 1:10 share consolidation).



Prospects

The board of directors is carefully considering the options that are available to address the continued underperformance of the group. The high cost-base and the difficult trading conditions experienced by its remaining subsidiaries during the period under review are expected to continue into the next financial year. In light thereof, shareholders are advised that the board is considering various strategic options, all of which, if successful, will have a material effect on the price of the company's securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
12-Jun-2014
(Official Notice)
Further to the trading statement released on SENS on 28 May 2014, shareholders are hereby advised that a reasonable degree of certainty now exists that the company will, in respect of its continuing operations for the six months ended 28 February 2014, report:

*a basic loss per share of between 47.20 cents and 47.64 cents (2013: basic loss per share of 2.47 cents); and

*a headline loss per share of between 11.88 cents and 12.34 cents (2013: headline loss per share of 2.48 cents).



A reasonable degree of certainty exists that the company will, in respect of its discontinued operations for the six months ended 28 February 2014, report:

*a basic loss per share of between 51.53 cents and 51.59 cents (2013: basic earnings per share of 0.31 cents); and

*a headline loss per share of between 11.75 cents and 11.82 cents (2013: headline earnings per share of 0.61 cents).



The comparative amounts disclosed in respect of the six month period ended 28 February 2013 above are shown as they would have appeared prior to the completion of the share consolidation on a 10-for-1 basis, as detailed in the circular dated 20 September 2013 and completed on 23 December 2013 ("Share Consolidation"). The amounts disclosed in respect of the six month period ended 28 February 2014 are shown after the effects of the Share Consolidation have been taken into account.



The interim financial results are expected to be released on or about Friday, 13 June 2014.
28-May-2014
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the Company will report an increase of at least 20% in the basic and headline loss per share in respect of its continuing operations for the six months ended 28 February 2014 compared to the basic and headline loss per share for the prior period ended 28 February 2013.



Shareholders are further advised that a reasonable degree of certainty exists that the Company will report a decrease of at least 20% in the basic and headline earnings per share in respect of its discontinued operations for the six months ended 28 February 2014 compared to the basic and headline earnings per share for the prior period ended 28 February 2013.
12-May-2014
(Official Notice)
The annual general meeting of ConvergeNet shareholders was held on Monday, 12 May 2014. All the special and ordinary resolutions as set out in the notice of annual general meeting to shareholders, dated 31 March 2014, were approved unanimously by shareholders.
31-Mar-2014
(Official Notice)
Shareholders are advised that the Company's 2013 Annual Report containing the annual financial statements of the Company for the year ended 31 August 2013 has been issued today, 31 March 2014, and is available on the Company website. The Annual Report contains the following modifications from the reviewed consolidated condensed results published on 13 December 2013 ("Provisional Results"). The annual financial statements were audited by the Company's auditors, PricewaterhouseCoopers Inc and their unmodified report is available for inspection at the Company's registered office.



Notice of AGM

Notice is given that the AGM of shareholders of the Company will be held at the offices of AfrAsia Corporate Finance, Ground Floor, Oxford Corner, Cnr Oxford - Jellicoe Avenue, Rosebank at 10:00 on Monday, 12 May 2014 to consider and, if deemed fit, to pass, with or without modification, the ordinary and special resolutions contained in the notice of AGM forming part of the integrated annual report.
03-Mar-2014
(Official Notice)
The JSE advised that ConvergeNet has failed to submit its annual report within the six-month period stipulated in the JSE's Listings Requirements. Accordingly, the company's listing on the JSE trading system has been annotated with an "RE" to indicate that the company has failed to submit its annual report timeously and that the listing of the company's securities is under threat of suspension and possible termination. Should the company still fail to submit its annual report by 31 March 2014 its listing will be suspended.
28-Feb-2014
(Official Notice)
The board of directors wishes to provide shareholders with an update regarding the progress and status of completion of the integrated annual report of the Group for the year ended 31 August 2013, which is, in accordance with section 3.19 of the Listings Requirements of the JSE Ltd. (the "JSE"), due to be issued today, 28 February 2014.



During the year ended 31 August 2013 and in the months immediately thereafter, the company announced and implemented a significant restructuring of the Group which included, inter alia, the sale of various subsidiaries, including but not Ltd. to Sizwe Africa IT Group (Pty) Ltd., Telesto Communications (Pty) Ltd. and X-DSL Networking Solutions (Pty) Ltd. as well as the closure of the company's head office (the "Restructure"), as detailed in the circular to shareholders dated 20 September 2013.



Further to the Restructure, the company's previous auditors, namely Advoca Inc., were replaced by PricewaterhouseCoopers Inc. ("PwC") with effect from 2 January 2013.



The company continues to work with PwC to ensure compliance with the additional disclosure matters required by International Financial Reporting Standards in the preparation of the integrated annual report as they relate to the Restructure. Notwithstanding the challenges experienced in the process which are attributable to the short time lapse between the announcement of the Restructure and the financial year-end of the Group, the company was able to issue its reviewed condensed consolidated annual financial statements on 13 December 2013.



The company wishes to inform shareholders that it will not be in a position to issue its integrated annual report on 28 February 2014. However, the Group remains confident that the outstanding disclosure matters will be resolved by no later than 31 March 2014, and a further announcement in this regard will be made in due course.



The Group maintains its commitment to meeting the high standards of compliance set by JSE and other regulatory bodies in the protection of stakeholder interests.
18-Dec-2013
(Official Notice)
In compliance with section 3.59(b) of the Listings Requirements of the JSE Limited, and following the restructure of the Group as detailed in the circular to ConvergeNet shareholders dated 20 September 2013 and the various related SENS announcements, the last of which was released on 13 December 2013, shareholders are advised that Mr Danie Bisschoff has resigned as Chief Financial Officer and Interim Chief Executive Officer of the company with effect from 31 December 2013.



Mr Peter van Zyl, whose appointment as an independent non-executive director of the company was announced on SENS on 25 November 2013, will replace Mr Bisschoff as Chief Financial Officer with effect from 1 January 2014.



The board is considering its options in respect of the appointment of a Chief Executive Officer and anticipates that this matter will be finalised by the end of the first quarter of 2014, at which time an announcement in this regard will be made.
13-Dec-2013
(Official Notice)
Shareholders are referred to the circular to ConvergeNet shareholders dated 20 September 2013 and the various related SENS announcements, the last of which was released on 22 November 2013, regarding, inter alia, the disposal of Sizwe Africa IT Group Pty Ltd by ConvergeNet (the Sizwe disposal).



Competition commission approval

The board of directors of ConvergeNet (the Board) is pleased to advise that the Sizwe Disposal has been approved by the South African Competition Commission unconditionally. Accordingly, the Takeover Regulation Panel has also granted their unconditional approval of the Sizwe Disposal.



Changes to the board

Shareholders are advised that Mr Hanno van Dyk has resigned as executive director from the Board with effect from Thursday, 19 December 2013.



Following the above, there are no outstanding conditions precedent to the Sizwe Disposal and the transaction has therefore become unconditional.

13-Dec-2013
(C)
Revenue from continuing operations increased to R270.6 million (R238.5 million), and gross profit rose to R57.6 million (R47.1 million). Operating loss was recorded at R98.7 million (loss of R68.1 million) while net attributable loss was R209.2 million (loss of R45.5 million). In addition, headline loss per share from continuing operations amounted to 4.97cps (adjusted for share consolidation 49.7cps) (headline loss per share at 7.81cps (adjusted for share consolidation 78.1cps).



Dividend

The declaration of cash dividends will continue to be considered by the board of directors in conjunction with an evaluation of current and future funding requirements and will be adjusted to levels considered appropriate at the time of declaration. No dividend has been proposed for the year under review.



Industry and group outlook

Following a financial year of change, the disposal of non- core and loss-making subsidiaries and a rationalisation of the capital structure of the Group, the key mandate of the board of directors in the forthcoming financial year will be to return the group to profitability in a cost-controlled manner. The key subsidiaries, Structured Connectivity Solutions and CK Solutions, are well positioned to capitalise on strong domestic demand for ICT infrastructure products and services, which is expected to continue into the 2014 financial year. The group will look to expand on its pan-African base station management opportunities and diversify its cabling and power supply product offering to the rail and mining industries
13-Dec-2013
(Permanent)
ConvergeNet undertook a share consolidation on the basis of 1:10 on the 13 December 2013. Historical figures have been adjusted.
11-Dec-2013
(Official Notice)
Further to the trading statement released on SENS on 25 November 2013, shareholders are hereby advised that a reasonable degree of certainty now exists that the company will, in respect of its continuing operations for the twelve months ended 31 August 2013, report:

*a basic loss per share of between 10.62 cents and 12.16 cents (2012: basic loss per share of 7.72 cents); and

*a headline loss per share of between 4.47 cents and 5.47 cents (2012: headline loss per share of 7.81 cents).



A reasonable degree of certainty exists that the company will, in respect of its discontinued operations for the twelve months ended 31 August 2013, report:

*a basic loss per share of between 11.86 cents and 12.38 cents (2012: basic earnings per share of 2.59 cents); and

*a headline loss per share of between 3.72 cents and 4.24 cents (2012: headline earnings per share of 2.60 cents).



The company's provisional financial results for the twelve months ended 31 August 2013 are expected to be published on or about 12 December 2013.
09-Dec-2013
(Official Notice)
Shareholders are referred to the circular to ConvergeNet shareholders dated 20 September 2013 (the Circular) regarding, inter alia, an odd-lot offer and a specific offer. All terms defined in the Circular and the finalisation announcement released on SENS on 22 November 2013 shall bear the same meaning in this announcement. The Odd-lot Offer was extended to shareholders holding less than 100 shares and the Specific Offer was extended to shareholders holding 100 or more shares but less than 5 001 shares. Each of the aforementioned offers was made at a price of 12 cents per share.



Shareholders are hereby advised that the Odd-lot Offer and Specific Offer were successfully concluded on Friday, 6 December 2013, resulting in the repurchase of 34 447 shares, which comprise 227 and 34 220 shares which were repurchased by way of the Odd-lot Offer and the Specific Offer, respectively. The repurchased shares will be held by the Company as treasury shares. Odd-lot Holders and Specific Offer Shareholders with dematerialised shares will have their accounts held at their CSDP or broker credited with the amount of the Cash Alternative (including where no election has been made by Odd-lot Holders) on Monday, 9 December 2013.



Cheques in respect of the sale of Odd-lot Holdings by Odd-lot Holders and the sale of holdings by Specific Offer Shareholders with certificated shares will be posted, at the risk of such holders, on or about Monday, 9 December 2013.
25-Nov-2013
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that the Company will report an increase of at least 20% in the basic and headline loss per share in respect of its continuing operations for the twelve months ended 31 August 2013 compared to the basic and headline loss per share for the prior period ended 31 August 2012.



A decrease in the basic and headline earnings per share for the twelve months ended 31 August 2013 of at least 20% compared to the basic and headline earnings per share for the prior period ended 31 August 2012 is expected to be reported in respect of the Company's discontinuing operations.



A further announcement will be released once the board of directors has reasonable certainty as to the range of the expected financial results referred to above. The Company's provisional financial results for the year ended 31 August 2013 are expected to be published on or about 29 November 2013.
25-Nov-2013
(Official Notice)
The board of directors of ConvergeNet announced the following changes to the Board:

* Mr Peter van Zyl has been appointed as an independent non-executive director with effect from 21 November 2013.

* The Company's external auditors have confirmed the change in the status of the non-executive chairman of the Company, Mr Dumisani Tabata, from non-independent to independent.



Appointment of Company Secretary

Shareholders are advised that Mr Warwick van Breda has been appointed as company secretary to ConvergeNet and its subsidiaries with effect from 1 December 2013.
25-Nov-2013
(Official Notice)
15-Nov-2013
(Official Notice)
Shareholders are referred to the circular to ConvergeNet shareholders dated 20 September 2013 regarding, inter alia, the consolidation of the Company's share capital, an odd-lot offer, a specific offer and the disposal of, inter alia, Sizwe and Telesto. All terms defined in the announcements regarding the aforementioned transactions, as released on SENS on 29 July 2013, 20 September 2013 and 22 October 2013, shall bear the same meaning in this announcement.



Shareholders are advised that:-

*due to delays at CIPC, the Company has not yet received confirmation from CIPC of its acceptance of the filing of the special resolutions relating to the amendments to the Company's Memorandum of Incorporation; and

*the Sizwe Disposal has not yet been approved by the South African Competition Commission.



In light of the above, the salient dates set out in the declaration announcement, which was released on SENS on 20 September 2013, and in particular those which relate to the Odd-lot Offer, the Specific Offer and the Share Consolidation, are no longer applicable. Shareholders will be informed of the revised dates once the Company has received confirmation of CIPC's acceptance of the filing of the special resolutions referred to above and once the Sizwe Disposal has been approved by the Commission.
28-Oct-2013
(Official Notice)
Shareholders were advised that Juba Statutory Services (Pty) Ltd. has resigned as company secretary of ConvergeNet with effect from 30 November 2013. A further announcement regarding the appointment of a new company secretary will be made in due course.
22-Oct-2013
(Official Notice)
23-Sep-2013
(Official Notice)
Shareholders are referred to the detailed cautionary announcement (the "Terms Announcement") and the declaration announcement released on SENS on 29 July 2013 and 20 September 2013, respectively (collectively hereinafter referred to as the "Announcements"). All terms defined in the Announcements shall bear the same meaning in this announcement.



Shareholders are hereby advised that, as detailed in the Terms Announcement, the repurchase of shares in terms of the Odd-Lot Offer and the Specific Offer will be funded out of the cash resources of ConvergeNet. These resources include the current cash resources of the Company, the cash proceeds realised from the sale of existing subsidiaries and any additional funding that may be advanced to the Company by shareholders for the purposes of the Restructure process. As a result, the purchase consideration payable to shareholders in respect of both the Odd-lot Offer and the Specific Offer (the "Repurchase Consideration") of a gross amount of 12 cents will constitute a dividend as defined in section 1 of the Income Tax Act, No 58 of 1962. Dividends tax in respect of the Repurchase Consideration payable by ConvergeNet will be applicable to those shareholders who are not exempt, which shareholders will receive a net amount of 10.2 cents per share.
20-Sep-2013
(Official Notice)
Shareholders were referred to the cautionary announcement included in the Terms Announcement, and were advised that, following the release of this announcement, shareholders no longer need to exercise caution when dealing in the Company's securities.
20-Sep-2013
(Official Notice)
05-Sep-2013
(Official Notice)
The company advised that it has under provided for taxation primarily as the result of an error made in its judgement on the deductibility of the loss suffered on a financial guarantee given. It was concluded that this loss was of a capital nature. An adjustment is required to be made to the Company's interim results for the six months ended 28 February 2013 which unaudited results were published on SENS on 26 April 2013.



The adjustment in relation to the unaudited results for the 6 month period ended 28 February 2013 is an increase in loss after tax in the amount of R4 119 000. This adjustment accordingly gives rise to an increase in loss per share and headline loss per share by 0.37 cents to 2.34 cents and by 0.36 cents to 2.06 cents respectively. Net asset value per share and net tangible asset value per share will decrease by 0.3 cents per share to 41.8 and 22.6 cents per share respectively.
30-Jul-2013
(Official Notice)
Shareholders were referred to the SENS announcement released on Monday, 29 July 2013 wherein they were advised that the company was considering the appointment of ConvergeNet's current Chief Financial Officer, Mr Danie Bisschoff, as Chief Executive Officer of the restructured Group on an interim basis.



In terms of rule 3.59(a) of the Listings Requirements of the JSE Ltd., ConvergeNet is announced that Mr Bisschoff will, in addition to his fulltime role as Chief Financial Officer, be acting as interim Chief Executive Officer of ConvergeNet with immediate effect until 31 December 2013.
29-Jul-2013
(Official Notice)
Shareholders were advised that the transactions may have a material effect on the price of the company's securities. Accordingly, Shareholders are advised to exercise caution when dealing in the Company's securities until the pro forma financial effects of the Transactions have been published.
29-Jul-2013
(Official Notice)
16-May-2013
(Official Notice)
Shareholders were referred to the SENS announcement dated 11 April 2013, wherein shareholders were advised that the application to appeal a ruling issued by the Takeover Regulation Panel ("TRP") in which it exempted Yellow Star Group (Pty) Ltd. ("Yellow Star") from the requirement in Regulation 86(4) of the Takeover Regulations to the Companies Act, 71 of 2008, to make a mandatory offer to the remaining shareholders of the company would be heard by the Takeover Special Committee ("TSC") on 30 April 2013.



The company announced that the TSC confirmed the TRP's ruling and, accordingly, Yellow Star has been granted an exemption from the requirement to make a mandatory offer.



The company will proceed with the application to list the shares due to Yellow Star and conclude the acquisition of the remaining 25% of the shares of Sizwe Africa IT Group (Pty) Ltd.
26-Apr-2013
(C)
Revenue for the interim period rose to R483.3 million (R416.5 million). Gross profit also jumped to R129.3 million (R106.2 million). However, operating loss widened to R28.6 million (loss of R8.3 million). Loss attributable to equity holders was higher at R16.6 million (R6.1 million). Furthermore, headline loss per share narrowed to 1.70cps (loss of 2.36cps).



Dividend

The declaration of cash dividends will continue to be considered by the board in conjunction with an evaluation of current and future funding requirements and will be adjusted to levels considered appropriate at the time of declaration.



No dividend has been proposed for the period under review.



Outlook

The group has progressed its strategy for the next five years and increased revenues. The group is streamlining its operations into key technologies and vertical markets. ConvergeNet has adopted a more cautious approach in expanding its African operations in order to reduce its risks and ensuring acceptable and sustainable returns on its investments. A more aggressive approach is also being formulated to enhance its annuity revenue base, as well as a review of its sub-contracting and supply chain procedures to reduce its risks and increase efficiencies. ConvergeNet is also strengthening its position in the optic fibre rollout space to grow sustainable infrastructure business over the next two to three years. Eighty per cent of its subsidiaries are showing very promising results going into the second half of 2013 while the balance is subject to robust management initiatives. will also continue to prudently invest in identified strategic growth areas in the next six months and beyond.
18-Apr-2013
(Official Notice)
Shareholders are referred to the previous trading statement published on SENS on 8 April 2013 which advised shareholders that the board of directors were reasonably certain that the expected increase in the loss per share for the six months ended 28 February 2013 will be approximately between 190% and 195% compared with the comparable period ended 29 February 2012 and the decline in headline loss per share for the six months ended 28 February 2013 will be approximately 25% and 30% compared to the headline loss per share for the comparable period ended 29 February 2012.



Shareholders are advised that the board of directors wished to revise the above figures and advise that it is reasonably certain that the revised expected increase in the loss per share for the six months ended 28 February 2013 will be approximately between 183% and 188% compared to the comparable period ended 29 February 2012. The estimated decline in headline loss per share for the six months ended 28 February 2013 remain between 25% and 30% compared to the headline loss per share for the comparable period ended 29 February 2012.



The Company's financial results for the six months ended 28 February 2013 are expected to be published on or about 26 April 2013.
11-Apr-2013
(Official Notice)
Shareholders were referred to the SENS announcement dated 28 March 2013, wherein shareholders were advised that an application to appeal had been lodged with the Takeover Regulation Panel ("TRP") in respect of a ruling issued by the TRP in which it exempted Yellow Star Group (Pty) Ltd. from the requirement in Regulation 86(4) of the Takeover Regulations to the Companies Act, 71 of 2008, to make a mandatory offer to the remaining shareholders of the company.



Shareholders were further advised in that announcement that the company intended to oppose the appeal and keep shareholders informed of all developments in this regard.



Accordingly, shareholders were advised that the TRP has arranged a hearing before the Takeover Special Committee on 30 April 2013 at 10h00 at the TRP?s offices.



Shareholders will be advised of the outcome of that hearing in due course.
08-Apr-2013
(Official Notice)
Shareholders were advised that the board of directors are reasonably certain that the expected increase in the loss per share for the six months ended 28 February 2013 will be approximately between 190% and 195% compared to the loss per share for the comparable period ended 29 February 2012, but the decline in headline loss per share for the six months ended 28 February 2013 will be approximately between 25% and 30% compared to the loss per share for the comparable period ended 29 February 2012. The company's unaudited financial results for the six months ended 28 February 2013 are expected to be published on or about 26 April 2013.
28-Mar-2013
(Official Notice)
Shareholders were referred to the SENS announcement dated 19 March 2013, wherein shareholders were advised that the Takeover Regulation Panel ("TRP") had issued a ruling ("Ruling") in which it exempted Yellow Star Group (Pty) Ltd. from the requirement in Regulation 86(4) of the Takeover Regulations to the Companies Act, 71 of 2008, to make a mandatory offer to the remaining shareholders of the company. The circumstances surrounding the requirement to make the mandatory offer and the application for the exemption that was subsequently granted by the TRP have been fully traversed in previous SENS announcements, as well as in the circular to shareholders dated 12 February 2013.



The SENS announcement of 19 March 2013 also advised shareholders that any request to appeal or review the Ruling would need to reach the TRP by no later than 17h00 on Tuesday, 26 March 2013.



Shareholders were advised that an application to appeal the Ruling has been lodged with the TRP. The company intends to oppose the appeal and will keep shareholders informed of all developments in this regard.
19-Mar-2013
(Official Notice)
Shareholders are referred to the SENS announcement dated 12 March 2013, which detailed the results of the voting at the general meeting held on 12 March 2012 and specifically referred to the waiver of a mandatory offer to shareholders, as a result of the transactions detailed in the circular, and the application by ConvergeNet to the Takeover Regulation Panel (TRP) to grant the waiver.



Shareholders are advised that the TRP has granted a ruling to waive the requirement for a mandatory offer as provided for in terms of Regulation 86(4). The reasons for granting the ruling will be available as soon as practical from the date of this announcement and may be requested from the TRP. Any Shareholder which wishes to may request that the TRP review the ruling within 5 business days from the date of this announcement (i.e. until 17h00 on Tuesday, 26 March 2013) to do so. Such an appeal must be made in writing and addressed to the Executive Director, Takeover Regulation Panel at either of the following addresses: Physical: Sunnyside Office Park, First Floor, Building B, 32 Princess of Wales Terrace (off St. Andrews Road), Parktown, Johannesburg, 2193; or Postal: PO Box 91833, Auckland Park, Parktown, 2006; or Facsimile: +27 11 642 9284.
12-Mar-2013
(Official Notice)
Shareholders are referred to the circular to ConvergeNet shareholders, which included a notice of general meeting, dated 12 February 2013 regarding:

*The proposed Category 1 related party acquisition by ConvergeNet of the remaining 25% minority interest held in Sizwe Africa IT Group (Pty) Ltd (Sizwe), subject to certain conditions and waiver of a mandatory offer;

*The proposed Category 2 related party acquisition by ConvergeNet of the remaining 26% minority interest held in Andrews Kit (Pty) Ltd, subject to certain conditions; and

*The issue of 100,000,000 no par value pari passu shares at an issue price of R0.32 per share to a related party being Yellow Star Group Holdings (Pty) Ltd (Yellow Star) as part of the consideration to acquire Sizwe (collectively the transactions).



Shareholders are advised that at the general meeting of ConvergeNet shareholders held today, all the ordinary resolutions were approved by the requisite majority of shareholders to effect the transactions. The ordinary resolution for a waiver of a mandatory offer by Yellow Star was approved by the requisite independent shareholders. In accordance with the Takeover Regulation Panel (TRP) Guideline 2/2011, the Company will apply to the TRP to rule on the granting of the requested waiver. Once the TRP has considered the application and made a ruling hereon, shareholders will be advised of the outcome.
01-Mar-2013
(Official Notice)
Shareholders are referred to the special resolutions passed at the Annual General Meeting held on 25 January 2013 relating to the conversion of Company's 1 000 000 000 authorised and 921 285 941 issued ordinary shares of 0.1 cent each, to 1 000 000 000 authorised ordinary shares and 921 285 941 ordinary shares having no par value and the increase in the authorised shares of the Company from 1 000 000 000 no par value shares to 2 000 000 000 no par value shares.



Shareholders are advised that the Company has received confirmation from the Companies and Intellectual Property Commission that the said special resolutions were registered on 25 February 2013. The JSE has also approved amendment of share capital and accordingly the Company's shares have commenced trading as shares of no par value on Thursday, 28 February 2013.
27-Feb-2013
(Official Notice)
Further to the SENS announcement published on 25 February 2013 regarding the details of a change in directors' interest, shareholders are advised that the off-market purchase and sale of shares in Yellow Star (Pty) Ltd (Yellow Star) as noted in the previous SENS announcement has not occurred. Accordingly the Company apologises for this error and withdraws the announcement.
26-Feb-2013
(Official Notice)
Shareholders were advised that Juba Statutory Services (Pty) Ltd. ("Juba") have been appointed as Company Secretary to ConvergeNet and its subsidiaries with effect from 01 March 2013.



Juba will be taking over the role of company secretary from Arcay Client Support (Pty) Ltd.
12-Feb-2013
(Official Notice)
25-Jan-2013
(Official Notice)
Shareholders were advised that at the annual general meeting of the company held on Friday, 25 January 2013, all the ordinary and special resolutions presented in the notice of annual general meeting were approved by the requisite majority.



The memorandum of incorporation approved at the annual general meeting will be submitted to the Companies and Intellectual Property Commission for filing in due course.
25-Jan-2013
(Official Notice)
Shareholders were referred to the detailed terms announcement released on SENS on 23 November 2012 with regards to the acquisition of the remaining minority interests in its two largest subsidiary companies namely, a 25% interest in Sizwe and a 26% interest in Contract Kitting (the "corporate actions").



The circular detailing the terms of the corporate actions, the fairness opinions prepared by an independent expert, a notice of the General Meeting and a form of proxy must be posted to shareholders within 28 days from the date of the detailed SENS announcement. However, due to the December slow down certain delays have taken place and the circular is still in a process of being approved by the JSE. Accordingly, the circular to shareholders is expected to be posted on or about 8 February 2013.



A further announcement will be published once the circular has been posted.
18-Dec-2012
(Official Notice)
The integrated annual report, containing the audited financial statements of the Company for the year ended 31 August 2012, has been posted to shareholders today 18 December 2012. There has been no change from the audited results for the year ended 31 August 2012, released on SENS on Friday, 23 November 2012 and in the press on Monday, 26 November 2012. The annual financial statements were audited by the Company's auditors, Advoca Dynamic Auditing Inc. and their unmodified report is available for inspection at the Company's registered office.



Notice of the Annual General Meeting

Notice is given that the Annual General Meeting of shareholders of the Company will be held at First Floor, Block D, Lakefields Office Park, 272 West Avenue, Centurion, at 10:00 on Friday, 25 January 2013, to consider and, if deemed fit, to pass, with or without modification, the ordinary and special resolutions contained in the notice of Annual General Meeting forming part of the integrated annual report.
26-Nov-2012
(Official Notice)
Mr Nkosemntu Gladman Nika (54) has been appointed as an independent non-executive director with effect from 23 November 2012.
26-Nov-2012
(Official Notice)
Shareholders are referred to the circular to ConvergeNet shareholders dated 17 October 2012 regarding:

*The sale of ConvergeNet?s remaining interest in Future Cell Proprietary Limited to Pepkor Limited, a related party;

*the specific purchase by ConvergeNet Management Services Proprietary Ltd (CMS), a wholly owned subsidiary of ConvergeNet, of 71 478 594 ConvergeNet ordinary shares from Titan Share Dealers Proprietary Ltd (Titan); and

*the granting by ConvergeNet of financial assistance, in the form of a loan, to CMS in terms of section 44 of the Companies Act 71 of 2008, to enable it to fund the purchase consideration of the 71 478 594 ordinary shares in ConvergeNet purchased by it from Titan, (collectively the Transactions).



Shareholders are advised that at the general meeting of ConvergeNet shareholders held today, all the special resolutions and the ordinary resolutions were approved by the requisite majority of shareholders to effect the Transactions. The special resolutions will be filed with the Companies and Intellectual Property Commission in due course.
23-Nov-2012
(Official Notice)
Following the release of this terms announcement, the cautionary announcement released on 2 November 2012 is hereby withdrawn.



23-Nov-2012
(Official Notice)
On 22 November 2012, the Company entered into a Sale of Shares Agreement with Noel Andrews and John Andrews the Sellers) for the purchase of all of the ordinary shares in the issued ordinary share capital of ChrystalPine Investments 9 (Pty) Ltd (ChrystalPine), which owns 100% of Contract Kitting (a 74% owned subsidiary of the Company), constituting 26% of the entire issued ordinary share capital (Sale Shares) and the Sellers' claims (Sales Claims) (Contract Kitting Transaction) on the following terms:

*The purchase price for the Sale Shares and the Sale Claims is R20 000 000.00 (Twenty Million Rand) (the Purchase Price), payable to the Sellers, in accordance with the sellers' proportions, as follows:-

*R6 000 000 (Six Million Rand) payable in cash after the conditions precedent have been fulfilled;

*R7 000 000 (Seven Million Rand) payable in cash on 31 August 2013; and

*R7 000 000 (Seven Million Rand) payable in cash on 31 August 2014.



The effective date of the Contract Kitting Transaction is on fulfilment of all the conditions precedent. The following remaining conditions precedent requires fulfilment in terms of the above-mentioned sale of shares agreement:

*Approval from the JSE Limited pertaining to related party transactions by 31 March 2013; and

*ConvergeNet shareholder approval by no later than 31 March 2013.
23-Nov-2012
(C)
Revenue decreased to R1 017 million (R1 029 million), and gross profit rose to R259.2 million (R246.4 million). Operating loss was recorded at R7.1 million (profit of R27.3 million) while net attributable loss was R43.7 million (profit of R23.6 million). In addition, headline loss per share was at 5.01cps (headline earnings per share at 2.70cps).



Dividend

The declaration of cash dividends will continue to be considered by the board in conjunction with an evaluation of current and future funding requirements and will be adjusted to levels considered appropriate at the time of declaration. A cash dividend of 1.5 cents per share was paid to shareholders on 28 December 2011. No dividend has been proposed for the year under review.



Industry and group outlook

Following the restructuring of the board, the group has progressed its strategy for the next five years, which includes a focus on expanding its activities into more than 12 identified African countries and streamlining of its operations. We expect our performance to improve in the next year and beyond and through growing our African footprint, new innovative service offerings, strong sales force and proven technical abilities. ConvergeNet will also continue to prudently invest in identified strategic growth areas such as a NOC, Cloud Computing, Hosted and ICT Managed Services. This general outlook has not been reviewed nor reported on by the company's auditors.
20-Nov-2012
(Official Notice)
Shareholders were referred to the previous trading statement published on SENS on 2 November 2012 which advised shareholders that the board of directors were reasonably certain that the revised expected decline in the earnings per share and headline earnings per share for the year ended 31 August 2012 will be approximately 282% and 219% respectively compared to the earnings per share and headline earnings per share for the comparable period ended 31 August 2011.



Shareholders were advised that the board of directors wishes to revise the above figures and advise that it is reasonably certain that the revised expected decline in the earnings per share and headline earnings per share for the year ended 31 August 2012 will be approximately 285% and 286% respectively compared to the earnings per share and headline earnings per share for the comparable period ended 31 August 2011.



The company's financial results for the year ended 31 August 2012 are expected to be published on or about 23 November 2012.
02-Nov-2012
(Official Notice)
Following the previous trading statement published on SENS on 28 September 2012 which advised shareholders that the headline earnings per share and earnings per share for the year ended 31 August 2012 is expected to be more than 20% lower compared to the previous year ended 31 August 2011, the board of directors are reasonably certain that the revised expected decline in the earnings per share and headline earnings per share for the year ended 31 August 2012 will be approximately 282% and 219% respectively compared to the earnings per share and headline earnings per share for the comparable period ended 31 August 2011.



The trading loss has resulted primarily from the adjustment to deferred tax assets, once-off impairment of goodwill and other financial assets, cost of establishing the Africa operations in Gabon and Congo Brazzaville, investment in new businesses, amongst other EQ Tickets, costs associated with restructuring of the board following the change of control of the company and investments made to enhance our sales capabilities and capacity. The company's financial results for the year ended 31 August 2012 are expected to be published on or about 22 November 2012.
02-Nov-2012
(Official Notice)
Shareholders are advised that ConvergeNet has entered into negotiations regarding the acquisition of minority interests in its major subsidiaries and a potential BEE transaction, which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
02-Nov-2012
(Official Notice)
In terms of the JSE Limited Listings Requirements, companies are required to publish an announcement to the company's shareholders and the public of any information which may have a material effect on the financial results of the Company and its material subsidiaries.



Accordingly, the company advised that it has made an error in its judgement on the future utilisation of Deferred Tax on its available Secondary Tax on Companies ("STC") credits as a result of the new Dividends Tax which became effective 1 April 2012. An adjustment is required to be made to the company's interim results for the six months ended 29 February 2012 which unaudited results were published on SENS on 30 April 2012.



The adjustment in relation to the unaudited results for the six month period ended 29 February 2012 is an increase in loss after tax in the amount of R4 802 000. This adjustment accordingly gives rise to an increase in loss per share and headline loss per share to 0.69 and 2.36 cents respectively. Net asset value per share and Net tangible asset value per share will decrease by 0.5 cents per share to 50.9 and 29.6 cents per share.
17-Oct-2012
(Official Notice)
ConvergeNet shareholders are referred to the terms announcement released on SENS on Monday, 10 September 2012 and in the press on Tuesday, 11 September 2012 (terms announcement) and should note that all terms defined in the terms announcement shall bear the same meaning in this announcement. In the terms announcement, it was advised that ConvergeNet had entered into the Future Cell Sale Agreement with Pepkor on 7 September 2012 for the sale of the Sale Shares and into the Titan Share Purchase Agreement with Titan on 7 September 2012 to purchase the Purchase Shares.



A circular containing details of the Transactions, including, inter alia, a notice convening a General Meeting and the form of proxy, was posted to shareholders today, Wednesday, 17 October 2012. The General Meeting of ConvergeNet shareholders will be held at the Company?s business address office, 272 West Avenue, Lakefields Office Park, Block D, 1st Floor, Centurion at 10h00 on Monday, 26 November 2012, to consider and, if deemed fit, to pass, with or without modification, the special and ordinary resolutions.



The salient dates and times in relation to the General Meeting are as follows: 2012

*Record date, as determined by the Board in accordance with section 59 of the Act, for shareholders to be eligible to receive the Circular and notice of *General Meeting Friday, 12 October

*Posting of the Circular Wednesday, 17 October

*Last day to trade in order to be eligible to vote at the General Meeting Friday, 9 November

*Record date to be eligible to vote at the General Meeting Friday, 16 November

*Last day to lodge forms of proxy by 10h00 on Thursday, 22 November

*General Meeting to be held at 10h00 on Monday, 26 November

*Results of the General Meeting published on SENS Monday, 26 November

*Results of the General Meeting published in the press Tuesday, 27 November

*Expected date of transactions to be unconditional Friday, 30 November



Note: Shareholders will be notified of any amendments to the above dates or times on SENS and in the press.

28-Sep-2012
(Official Notice)
Shareholders are advised that the headline earnings per share and earnings per share for the year ended 31 August 2012 are expected to be more than 20% lower compared to the previous financial year ended 31 August 2011. A further trading statement will be released once a range has been determined.



This trading statement has not been reviewed or reported on by the company's external auditors. The company's financial results for the year ended 31 August 2012 are expected to be published on or about 23 November 2012.
10-Sep-2012
(Official Notice)
As details of the Future Cell Transaction and the Titan Share Purchase Transaction have been provided in this announcement, shareholders are no longer required to exercise caution when dealing in their ConvergeNet securities.
10-Sep-2012
(Official Notice)
31-Jul-2012
(Official Notice)
Shareholders are advised that ConvergeNet has entered into negotiations which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
11-Jul-2012
(Official Notice)
The board announced the appointment of Deloitte and Touche Sponsor Services (Pty) Ltd. as their sponsor with effect from 21 July 2012.
21-Jun-2012
(Official Notice)
Shareholders were advised that at the general meeting of the company held on Wednesday, 20 June 2012, with the exception of ordinary resolution number 3, which resolution was withdrawn following the resignation at the meeting of the director concerned, all of the resolutions contained in the notice of general meeting issued on 22 May 2012, were passed by the requisite majority of shareholders.



Changes to the board

Following the approval of the above-mentioned resolutions pertaining to the removal of certain directors and the appointment of a non-executive director at the said general meeting, the board advises shareholders that the following restructure on the board has taken place:

*Mr Charles Pettit joins the board as a non-executive director with immediate effect.

*Shareholders are further advised that the role of Mr Sandile Swana, former chairman of the company, has changed to that of CEO, which change is with immediate effect and for a period of 12 months.

*Mr Dumisani Tabata, a non-executive director of the company, has been appointed as Chairman of the board with immediate effect.



The board will consider the appointment of an additional independent non- executive director(s) in due course.



Withdrawal of cautionary

Further to the cautionary announcement published on SENS on 29 May 2012, negotiations mentioned therein have been terminated and accordingly shareholders are advised that the cautionary announcement is now withdrawn.
29-May-2012
(Official Notice)
Shareholders were advised that the company has entered into negotiations, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
22-May-2012
(Official Notice)
Shareholders were advised that a circular, including a notice to call a shareholders' meeting in terms of section 61(3) of the Companies Act, 2008 (Nr 71 of 2008), will be posted to ConvergeNet shareholders. The notice contains a number of resolutions including, inter alia, removal of directors, non-executive directors' fees and general authorities to issue and repurchase shares. The general shareholders meeting as detailed in the above-mentioned circular will be held at Arcay House II, 3 Anerley Road, Parktown, Johannesburg, 2193 on Wednesday, 20 June 2012 at 11h00.
16-May-2012
(Official Notice)
Following the intended dealings announcement made on SENS on 24 April 2012 which was made in relation to the unconditional mandatory offer to Converge minority shareholders as detailed in the offeror circular, shareholders are advised that, the two directors who previously indicated an intention to accept the mandatory offer, have accepted this mandatory offer which closed 11 May 2012. Please note a minor correction was made to the number of shares for Mrs M J Krastanov, totalling 1 386 216 instead of 1 386 353.
15-May-2012
(Official Notice)
Following the announcement made by the offeror on 14 May 2012 regarding the mandatory offer, shareholders are advised that the mandatory offer, which closed at 12:00 on Friday, 11 May 2012, was accepted in respect of 57 322 293 ConvergeNet shares, comprising 30.90% of the total number of shares held by the remaining ConvergeNet shareholders (excludes concert parties and shareholders who had provided irrevocable undertakings not to accept the offer), which were the subject of the mandatory offer. Accordingly, the mandatory offer has resulted in an increase in the collective shareholding in ConvergeNet controlled by the offeror to 48.93%.
14-May-2012
(Official Notice)
ConvergeNet are referred to the announcements released on SENS on 22 February 2012, 12 March 2012 and 30 April 2012 (the "announcements"), and to the circular dated 19 March 2012 (the "circular") regarding the mandatory offer extended by the offeror to the remaining shareholders of ConvergeNet for an offer consideration of 26 cents per share.



Shareholders were advised that the mandatory offer, which closed at 12:00 on Friday, 11 May 2012, was accepted in respect of 57 322 293 ConvergeNet shares, comprising 30.90% of the total number of shares held by the remaining ConvergeNet shareholders, which were the subject of the mandatory offer. For the purpose of clarity, "remaining ConvergeNet shareholders" means exclusion of the concert parties, the shareholders who had provided irrevocable undertakings not to accept the mandatory offer and ConvergeNet and its subsidiaries (in so far as shares are held in treasury). Accordingly, the mandatory offer has resulted in an increase in the collective shareholding in ConvergeNet controlled by the offeror to 48.93%.
30-Apr-2012
(C)
Revenue declined to R416.5 million (R496.6 million). LBITDA amounted to R16.8 million (EBITDA of R25.6 million) and an operating loss of R24.7 million (profit of R19.2 million) was recorded. A net attributable loss of R1.4 million (profit of R11.9 million). In addition, the headline loss per share amounted to 1.84cps (earnings of 1.35cps).



Outlook

There continues to be a demand for the group's products, solutions and services. Whilst many opportunities were delayed as a result of the current economic situation, these needs will be fulfilled in the short to medium term. ConvergeNet therefore expects the market conditions to improve in the next six months and beyond. The pipeline of business in most of the underlying subsidiaries is large with solid prospects.



The directors of ConvergeNet are satisfied that the fundamentals of the businesses remain sound and the group will continue to cautiously invest in previous identified strategic growth areas.
19-Apr-2012
(Official Notice)
Following the previous trading statements published on 27 February 2012 and 3 April 2012, which latest trading statement advised shareholders that the headline earnings per share for the six months ending 29 February 2012 was expected to be approximately 160% lower compared to the previous six months ended 28 February 2011, the board of directors are reasonably certain that the revised expected decline in the headline earnings per share for the six months ended 29 February 2012 will be approximately 236% compared to the headline earnings per share for the comparable six months period ended 28 February 2011. Earnings per share, which were previously expected to be less than 20% different to compared to the prior period, is now expected to be approximately 112% less than the prior comparative period, moving to a loss per share for the six months ended 29 February 2012. This amended trading statement has been issued pursuant to the independent valuation of the company's investment in Future Cell (Pty) Ltd and the associated put and call options between the company and Pepkor Ltd over the remaining 15% interest in Future Cell.
17-Apr-2012
(Official Notice)
Following the publication of the revised firm intention announcement of a mandatory offer at 26 cents per share on 12 March 2012 and the cautionary announcement published on 27 February 2012 to ConvergeNet minority shareholders, shareholders are advised that the company has prepared a response circular in relation to the mandatory offer and in compliance with the Companies Act, 2008 (Nr 71 of 2008) ("the Act") which response circular, together with a fair and reasonable opinion contained therein, prepared by an independent expert, in accordance with regulation 90 of the Act which opinion states that the terms and conditions of the mandatory offer, based on quantitative considerations, are unfair to the ConvergeNet shareholders and based on qualitative factors, are reasonable to the ConvergeNet shareholders will be posted to ConvergeNet shareholders on 19 April 2012.



Salient dates of the mandatory offer

As contained in the response circular to be issued to ConvergeNet shareholders on 19 April 2012, the following salient dates should be noted:

* Mandatory offer opened on Tuesday, 20 March

* ConvergeNet's response circular to the offer circular posted to shareholders on Thursday, 19 April

* Last day to trade (LDT) in ordinary shares in order to settle by the record date and to qualify to participate in the offer on Friday, 4 May

* Ordinary shares commence trading ex-rights on the JSE at 09:00 on Monday, 7 May

* Record date to determine which shareholders are eligible to accept the offer on Friday, 11 May

* Mandatory offer closes on Friday, 11 May

* Result of mandatory offer released on SENS on Monday, 14 May

* Offer consideration credited to the offer participant's accounts at his CSDP or stockbroker (as the case may be) in cases where the shares surrendered in terms hereof are held by such CSDP or stockbroker as nominee for the offer participant on Monday, 14 May

* Cheques posted to or credited to the bank accounts of the offer participants (who hold their shares in their own names) at the offer participant's own risk, in settlement of the offer consideration (subject to receipt by the transfer secretaries of the relevant share certificates) on Monday, 14 May

* Results of the mandatory offer published in the press on Tuesday, 15 May



Withdrawal of cautionary

The cautionary announcement in relation to the above-mentioned mandatory offer is now withdrawn.
05-Apr-2012
(Official Notice)
Mr Mpho Scott, the lead independent director of the company, has resigned with effect from 2 April 2012. The company will address the appointment of a new lead independent director in due course to ensure compliance with King III and the JSE Ltd.'s Listings Requirements.
03-Apr-2012
(Official Notice)
Accordingly, and following the previous trading statement published on 27 February 2012 which advised shareholders that the headline earnings per share and earnings per share for the six months ending 29 February 2012 is expected to be more than 20% lower compared to the previous six months ended 28 February 2011, the board of directors are reasonably certain that the revised expected decline in the headline earnings per share for the six months ended 29 February 2012 will be approximately 160% compared to the headline earnings per share for the comparable six months period ended 28 February 2011. However, earnings per share are expected to be less than 20% different to compared to the prior period.



The trading loss has resulted primarily from poorer than expected results due to delays in the awarding and implementation of contracts. Most of these contracts have been awarded and could only be reported after the stipulated time of reporting of interim results. The company's largest subsidiary Sizwe Africa IT Group (Pty) Ltd. ("Sizwe"), has incurred substantial expenses to gear up for these contracts which have subsequently been won and are now being implemented.
19-Mar-2012
(Official Notice)
Shareholders of ConvergeNet Holdings Ltd., registration number 1998/015580/06 ("ConvergeNet") are referred to the announcement released on SENS and published in the press on 22 February 2012 and 23 February 2012, followed by the announcement on SENS and in the press on 12 March 2012 and 13 March 2012, respectively (the "Announcements"), regarding the mandatory offer extended by concert parties (as defined in the Announcements) to the remaining shareholders of ConvergeNet for a offer consideration of 26 cents per share, in terms of section 123 of the Companies Act No. 71 of 2008, as amended (the "mandatory offer").



Shareholders are hereby advised that a circular containing details of the mandatory offer was posted to shareholders on Monday, 19 March 2012 (the "circular"). The salient dates and times in respect of the mandatory offer are set out below. Words and expressions herein and notes thereto shall have the same meanings as assigned to them in the announcements and the circular.

*Circular posted to ConvergeNet shareholders on Monday, 19 March 2012

*Mandatory Offer opens at 09:00 on Tuesday, 20 March 2012

*Last day to trade in ConvergeNet shares Friday, 4 May 2012

*Shares trade "ex" the Mandatory Offer Monday, 7 May 2012

*Mandatory Offer closes at 12:00 on Friday, 11 May 2012

*Record date to determine which shareholders are eligible to accept the Mandatory Offer Friday, 11 May 2012

*Result of Mandatory Offer released on SENS on Monday, 14 May 2012

*Offer consideration credited to the offer participant's accounts at his CSDP or stockbroker (as the case may be) in cases where the shares surrendered in terms hereof are held by such CSDP or stockbroker as nominee for the offer participant (see note 4) on Monday, 14 May 2012

*Cheques posted to or credited to the bank accounts of the offer participants (who hold their shares in their own names) at the offer participant`s own risk, in settlement of the offer consideration (subject to receipt by the transfer secretaries of the relevant share certificates) (see note 4) on Monday, 14 May 2012

*Results of the Mandatory Offer published in the press on Tuesday, 15 May 2012
14-Mar-2012
(Official Notice)
Shareholders are advised that Mr Mpho Scott's role as an Independent non-executive director has been changed to that of Lead independent non-executive director with immediate effect.

27-Feb-2012
(Official Notice)
Following the publication of the firm intention announcement of a mandatory offer on 22 February 2012 to ConvergeNet minority shareholders, shareholders are advised to exercise caution in dealing in the company's securities until a further announcement is made.
27-Feb-2012
(Official Notice)
Shareholders are advised that the headline earnings per share and earnings per share for the six months ending 29 February 2012 is expected to be more than 20% lower compared to the previous six months ended 28 February 2011. A further trading statement will be released once a range has been determined.
22-Feb-2012
(Official Notice)
In accordance with the request of shareholders at the reconvened annual general meeting ("AGM") held on 27 January 2012, where inter alia, the re-election of audit committee members was not carried by a majority vote, the board advises as follows:

*The re-election was blocked by votes and proxies of two shareholders that owed approximately R25 million to the group at the time, and against which action had been instigated by the audit committee members. An amount of R13.9 million (inclusive of interest) has since been repaid.

*The vote at the AGM is not seen by the board as a reflection on the competency and integrity of the former audit committee members and this has been separately confirmed by the shareholder which has repaid the company.

*The audit committee has been reconstituted by the board and consists of the following members: Mr D Tabata - audit committee chairman, Mrs L Mangope - member, Mr S Swana - member



It is noted that the audit committee composition complies with the Companies Act, 2008 (Act 71 of 2008) but, in terms of King III, not all the members would be considered independent and this fact is disclosed in accordance with King III. The company will be considering further appointments to the board in due course to address the King III and JSE Listings Requirements with regard to audit committee composition. Shareholders are advised that the new audit committee and the board are committed to continuing with legal action to recover the balance owed by a shareholder to the group, in the interests of all stakeholders and believe that such monies still owed are recoverable.
22-Feb-2012
(Official Notice)
Shareholders are advised that three directors of the company have resigned with effect from 21 February 2012, which details are provided below.

*Mr SLL Peteni, a non-executive director and chairman of the board and based in Cape Town, wishes to reduce his number of board committee and travel commitments for personal reasons and accordingly resigns from ConvergeNet.

*Mr RN Macdonald resigned as an independent non-executive from the ConvergeNet board due to the fact that he is pursuing and wishes to focus on his personal business initiatives.

*Mr B Kekana, a non-executive director representing the interests of Sizwe Africa (Pty) Ltd., a subsidiary of the company, resigned from the board due to the fact that he has recently disposed of his shareholding in YellowStar (Pty) Ltd., the minority shareholder in Sizwe and a shareholder in ConvergeNet.

*Pursuant to Mr Peteni's resignation as chairman the board announces the change of role of Mr S Swana as an independent non-executive director to that of interim chairman with immediate effect.
22-Feb-2012
(Official Notice)
28-Nov-2011
(C)
Revenue from continuing operations increased to R1 billion (R784.3 million), and gross profit rose to R246.4 million (R242 million). Operating profit declined to R27.2 million (R27.4 million) while net attributable profit fell to R23.6 million (R25.6 million). In addition, headline earnings from continuing operations grew to 2.7cps (1.11cps).



Outlook

The group is satisfied with the results achieved in difficult trading conditions.
21-Oct-2011
(Official Notice)
Shareholders were advised that the headline earnings per share from continuing and discontinuing operations for the year ended 31 August 2011 is expected to be between 25% and 35% higher than the previous period ended 31 August 2010. In addition, headline earnings per share from continuing operations for the year ended 31 August 2011 is expected to be between 125% and 130% higher than the previous period ended 31 August 2010.
11-May-2011
(Media Comment)
According to Business Day, ConvergeNet which provides information technology services in the Middle East and Africa, increased its shares in Structured Connectivity Solutions (SCS) and Xdsl Networking to 90% and 66% respectively. The company said there continued to be substantial demand for its products, solutions and services. It was cautiously optimistic about the next period and expects to improve earnings and strengthen the annuity income as a result of newly awarded managed services contracts.
06-May-2011
(C)
Revenue increased to R496.6 million (R413.3 million). Gross profit improved to R126.3 million (R118.2 million) and operating profit rose to R19.2 million (R11.8 million). However, net attributable profit decreased to R11.9 million (R13.7 million). In addition, headline earnings per share from continuing operations grew to 1.35c (1.04cps).



Prospects

There continues to be substantial demand for the group's products, solutions and services. Management is cautiously optimistic about the next period and expect to improve earnings and strengthen the annuity income as a result of newly awarded managed services contracts.



The directors of ConvergeNet are satisfied that the fundamentals of the businesses remain sound and the group will continue to cautiously invest in previously identified strategic growth areas.
21 Jan 2011 12:41:02
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on Friday, 21 January 2011 at Number 3 Anerley Road, Parktown, all the ordinary and special resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders.
13 Jan 2011 14:31:15
(Official Notice)
Shareholders are advised that David Braine has resigned from the board of ConvergeNet with immediate effect.
22 Dec 2010 11:35:11
(Official Notice)
Shareholders are advised that there have been no changes to the financial information previously published on SENS on 25 November 2010 for the year ended 31 August 2010 and the annual report that has been distributed to shareholders on 15 December 2010. Shareholders are also advised that the annual general meeting of shareholders will be held on Friday, 21 January 2011 at 10h00 at Number 3, Anerley Road, Parktown, Johannesburg.
01 Dec 2010 16:21:33
(Official Notice)
Shareholders are advised that, at the general meeting of ConvergeNet held on Wednesday, 01 December 2010, at the registered office of the company, Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg, all the ordinary resolutions presented in the notice of the general meeting relating to the acquisition of a further 15% in Sizwe Africa IT Group (Pty) Ltd were passed by the requisite majority of shareholders.

25 Nov 2010 13:36:28
(C)
Revenue dropped to R784.3 million (R983.5 million), but gross profit rose to R242 million (R238.3 million). Operating profit declined to R27.4 million (R55.4 million) and net attributable profit slumped to R25.6 million (R41.4 million). In addition, headline earnings from continuing operations fell by more than two-thirds to 1.11cps (3.42cps).



Outlook

There continues to be substantial demand for the group's products, solutions and services. Whilst many opportunities were delayed as a result of the current economic situation, these needs will be fulfilled in the short to medium term. Management expects the market conditions to improve in 2011 and beyond. The directors of ConvergeNet are satisfied that the fundamentals of the businesses remain sound and the group will continue to cautiously invest in previous identified strategic growth areas.
04 Nov 2010 10:31:09
(Official Notice)
Shareholders are advised that the trading statement announced on SENS on 03 November 2010 relates to the period ended 31 August 2010.
03 Nov 2010 08:42:58
(Official Notice)
Further to the announcement published on 16 September 2010, shareholders are advised that the earnings per share is now expected to be between 40% and 45% lower than the previous period and the headline earnings per share is expected to be between 60% and 65% lower than the previous period.
28 Sep 2010 09:04:32
(Official Notice)
Further to the announcements dated 12 August 2010 and 16 August 2010, shareholders are advised that the related party transaction exceeds 5% of the company's market capitalisation and thus will require approval by shareholders in general meeting. A circular to shareholders is being prepared and will be dispatched to shareholders in due course.
17 Sep 2010 15:07:49
(Official Notice)
Shareholders are advised that the trading statement announced on SENS on 16 September 2010 relates to the financial results ended 31 August 2010.
16 Sep 2010 17:47:28
(Official Notice)
Shareholders are advised that earnings per share is expected to be between 15% and 25% lower than the previous period and that headline earnings per share is expected to be between 35% and 45% lower than the previous period.
23 Aug 2010 17:43:58
(Official Notice)
With regard to the above announcement published on SENS on 12 August 2010 shareholders are advised that whilst the fairness opinion has been submitted to the JSE it is still pending approval by the JSE Ltd. In addition, shareholders are advised that Moore Stephens (Jhb) Corporate Finance (Pty) Ltd will merge with BDO Corporate Finance (Pty) Ltd with effect from 1 September 2010 and the fairness opinion will be signed off jointly between Moore Stephens (Jhb) Corporate Finance (Pty) Ltd and BDO Corporate Finance (Pty) Ltd.
12 Aug 2010 11:43:43
(Official Notice)
Shareholders were advised that ConvergeNet has negotiated the conclusion of an agreement dated 27 July 2010 ("the acquisition agreement") in terms of which ConvergeNet will acquire an additional 15% in Sizwe held by, Yellow Star Holdings (Pty) Ltd ("Yellow Star" or "the vendors"). The vendors are a related party to ConvergeNet.



Terms of the acquisition

The acquisition agreement, which was entered into by ConvergeNet and the vendors on 27 July 2010, provides for the acquisition by ConvergeNet of an additional 15% shareholding in Sizwe from the vendors ("the acquisition") for an acquisition price of R18 million ("the consideration"), to be settled in cash. Following the implementation of the transaction, ConvergeNet will hold a 75% equity interest in Sizwe. The acquisition is subject to the normal terms and warranties for a transaction of the nature contemplated. Goodwill and other intangibles amounting to R2 647 000 will arise on the acquisition.



Pro forma financial effects of the acquisition

The table below summarises the pro forma financial effects of the additional investment in Sizwe, before and after:

* Weighted average shares in issue: 895 611 179 - 895 611 179

* Earnings per share ordinary share: 1.53 - 1.66

* Headline earnings per ordinary share: 1.53 - 1.66

* Shares in issue at period end: 915 115 941 - 915 115 941

* Net asset value per share: 48.5 - 48.4

* Net tangible asset value per share: 18.2 - 18.0



Rationale

The group intends delivering turnkey project solutions, ancillary support and managed services to the Middle Eastern, African and southern African markets. The acquisition of an additional interest in Sizwe is in line with the group's strategy to acquire appropriate vehicles with which to achieve its vision of positioning itself as a significant ICT industry player. Sizwe was acquired for, amongst others, its ICT infrastructure project and multi- discipline project management and solutions competence, and forms part of the group's turnkey project business.
11 Aug 2010 08:08:53
(Official Notice)
The board of directors is pleased to announce the appointment of Ms Lerato Mangope ("Lerato") as a non-executive director with immediate effect.
09 Jun 2010 14:53:56
(Official Notice)
14 May 2010 17:53:46
(Official Notice)
Shareholders are advised that the company has entered into negotiations which, if successfully concluded, may have a material effect on the price at which the company's securities trade on the JSE Ltd. Shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
23 Apr 2010 11:32:09
(Official Notice)
Further to the announcement published on SENS on 23 April, shareholders are advised that the unaudited interim results for the six months are for the period ended February 2010 and not 2009.
23 Apr 2010 09:18:46
(C)
Revenue for the period decreased to R432.4 million (2009: R551.9 million) while gross profit increased to R133.9 million (2009: R129.7 million). Operating profit for the period fell to R21 million (2009: R 46 million). Total comprehensive income attributable to owners of the parent was lower at R13.7 million (2009: R23 million). Furthermore, headline earnings per ordinary share decreased to 1.53 cps (2009: 2.71 cps).



Dividend

No dividend was declared for the period.



Prospects

There continues to be substantial demand for the group's products, solutions and services. Whilst many opportunities were delayed as a result of the current economic situation, these needs will be fulfilled in the short to medium term. The company expects market conditions to improve next year and beyond. The directors of ConvergeNet are satisfied that the fundamentals of the business remain sound and the group will continue to cautiously invest in previous identified strategic growth areas.
01 Apr 2010 17:50:27
(Official Notice)
Shareholders were advised that attributable earnings and attributable headline earnings are expected to be between 35% and 45% lower than the previous period, and the earnings per share and headline earnings per share is expected to be between 40% to 50% lower than the previous period.
25 Jan 2010 08:38:54
(Official Notice)
Shareholders are advised that at the annual general meeting of the company held on Friday, 22 January 2010 at Number three Anerley Road, Parktown, all the ordinary and special resolutions presented in the notice of annual general meeting were passed by the requisite majority of shareholders save for special resolution number 2 for the increase in authorised share capital was withdrawn at the beginning of the meeting. The special resolution will be submitted to CIPRO for registration in due course.
06 Jan 2010 13:47:11
(Official Notice)
Shareholders are advised that the annual general meeting of ConvergeNet will be held at 10:00 on Friday, 22 January 2010 at Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg for the purpose of conducting the business as stated in the notice of annual general meeting forming part of the 2009 annual report.
20 Nov 2009 10:44:42
(C)
The group reported revenue of R1025 million (R923 million). Gross profit increased to R271 million (R240 million), and profit attributable to shareholders was R41 million (R42 million) while headline earnings per share of 4.9c (6.2c).



Dividend

No dividend has been proposed for the year.



Prospects

Performance was satisfactory in a difficult market. Apart from the economic pressure and difficult trading conditions there have been delays in the publication and awards of the new SITA term contracts. Business in the government segment was also slower than expected due in part to the March general election and the widely expected changes in the administration. Additionally, corporate customers have delayed or cancelled technology investments in several instances. Therefore trading conditions remained tight and the increased competition caused some margin pressure, whilst customers are increasingly price sensitive. In spite of these conditions ConvergeNet experienced a growth in revenue for the period of 11%.The group expects trading conditions to remain tough for the next six to nine months and it is anticipated that the announced changes in government spending could impact on earnings in the immediate term.
04 Nov 2009 09:44:17
(Official Notice)
Shareholders are advised that whilst attributable earnings and attributable headline earnings are expected to be within 5% of the previous year, due to a higher number of shares in issue the headline earnings per share is expected to be between 20% to 25% lower than the previous year. The earnings per share will remain within the 20% range. The company's results for the year ended 31 August 2009 is expected to be released on Friday 20 November 2009.
04 May 2009 16:18:48
(Official Notice)
Shareholders are advised that ConvergeNet has negotiated the conclusion of an agreement dated 29 April 2009 ("the acquisition agreement") in terms of which ConvergeNet will acquire an additional 3.8% in Sizwe Africa IT held by, Yellow Star Holdings (Pty) Ltd ("Yellow Star" or "the vendors"). The vendors are a related party to ConvergeNet.



Terms of the acquisition

The acquisition agreement, which was entered into by ConvergeNet and the vendors on 29 April 2009, provides for the acquisition by ConvergeNet of an additional 3.8% shareholding in Sizwe Africa IT from the vendors ("the acquisition") for an acquisition price of R15 million ("the consideration"), to be settled in cash. Following the implementation of the transaction, ConvergeNet will hold a 60% equity interest in Sizwe Africa IT. The acquisition is subject to the normal terms and warranties for a transaction of the nature contemplated. Goodwill and other intangibles amounting to R10 404 318 will arise on the acquisition.
28 Apr 2009 07:35:20
(C)
Revenue increased by 30% to R551.3 million (R423.9 million) compared to the corresponding period. EBITDA rose to R52 million (R59.1 million) and net attributable profit increased to R23.2 million (R17.8 million). In addition, headline earnings per share was up by 2% to 2.71cps (2.66cps) mainly as a result of acquisitions made during the prior period.



Dividend

No dividend has been declared.



Prospects

South Africa's economy and its consumers are continuing to adjust to the unfavourable impact of a troubled global economy and an early end to the depressed conditions seems unlikely. Nevertheless, the ConvergeNet board believes the group is able to compete effectively under these circumstances. The group enjoys a significant market share in several growing market segments, which includes the public sector.



It is common cause that in addition to increased government infrastructure spending, the expected impact of competition in the broadband marketplace will drive additional growth in our target markets. ConvergeNet has virtually no interest-bearing debt and is ungeared. ConvergeNet remains focused on sustainable growth, improving earnings quality and further strengthening capability and capacity.
01 Apr 2009 13:06:47
(Official Notice)
Shareholders are advised that the vendors of Telesto, namely RC Mathey, M van Biljoen and The Gary Lauryssen Family Trust have exercised a put option for the company to acquire the remaining 26% shareholding in Telesto. The acquisition of Telesto, encompassing the put option, was approved in general meeting in 27 August 2007 as part of the terms of the acquisition of Telesto. The transaction is not regarded as a related party transaction in terms of the JSE Listings Requirements due to the prior approval.
30 Jan 2009 17:20:00
(Official Notice)
The board of directors announced the appointment of Mr Dumisani Dumekhaya Tabata ("Dumisani") as a non-executive director with immediate effect. Dumisani has completed two post graduate degrees: one with University of Fort Hare (B.Proc) in 1979 and the other with University of Natal (LLB) in 1981. He enrolled for Articles of Clerkship in 1982 and was admitted to practice as an attorney of the Supreme Court of South Africa in 1984 and in the same year became one of the founding partners of Smith Tabata - van Heerden in King William`s Town. As an attorney he has been involved in several Constitutional and Administrative Law related matters affecting individuals and community organisations. He also has a keen interest in Human Rights law and Humanitarian law. In 1996 Dumisani was appointed as an Acting Judge of the High Court and served in this position for three terms. In 1999 was appointed by the Premier of the Eastern Cape as one of the Joint Liquidators of the Transkei Agricultural Corporation. After the advent of democracy, Dumisani regularly acted as attorney for Government departments, local authorities and parastatals. His directorships and memberships in the past years are as follows: Member of the National Association of Democratic Lawyers, member of the King William`s Town transitional Local Council`s Land Sale Committee and during negotiations leading to present constitutional dispensation served as member of the technical committee dealing with legislation likely to impede the holding of free and fair elections. Dumisani has served as deputy chairman of ABSA Bank regional board in the Eastern Cape and is currently a member of its Advisory Board as well as member of ABSA Bank`s Divisional Board. He is presently executive director of Vuwa Investments (Proprietary) Limited ("Vuwa") and director of Smith Tabata Incorporated in King William`s Town and East London and Smith Tabata Buchanan Boyes in Cape Town and Johannesburg. Dumisani has been appointed to the ConvergeNet board following Vuwa's acquisition of 132 338 037 (15.29%) shares in ConvergeNet pursuant to the recent Contract Kitting acquisition.
16 Jan 2009 14:09:46
(Official Notice)
Shareholders are advised that, at the annual general meeting of ConvergeNet held on Friday, 16 January 2009, at the registered office of the company, Arcay House II, Number_ 3 Anerley Road, Parktown, Johannesburg, all the ordinary resolutions and the special resolution to repurchase shares presented in the notice of the annual general meeting were passed by the requisite majority of shareholders. The special resolution will be lodged with the registrar of companies in due course.
30 Dec 2008 12:56:16
(Official Notice)
Shareholders are advised that the anual general meeting of shareholders of the company will be held at Arcay House, Number_ 3 Anerley Road, Parktown, Johannesburg at 10h00 on Friday, 16 January 2009. Annual financial statements for the year ended 31 August 2008 have already been posted to shareholders.
15 Dec 2008 15:28:04
(Official Notice)
Shareholders are referred to the SENS announcement dated 12 December 2008 advising that the only remaining condition precedent for the above transaction was approval in terms of the Competition Act of 1988. This approval was received Monday 15 December 2008.
12 Dec 2008 15:53:26
(Official Notice)
Shareholders are advised that ConvergeNet has negotiated the conclusion of an agreement dated 20 October 2008 in terms of which ConvergeNet will acquire 74% of Chrystalpine from Noel William Andrews and John Eric Andrews. Contract Kitting is held 100% by Chrystalpine, of which Andrews Kit (Pty) Ltd trading as Contract Kitting is a wholly owned subsidiary.



Contract Kitting operates as a supplier of Infrastructure Technology products and services and all related activities, born out of the idea and need for on- site telecommunication installation solutions. Contract Kitting was formed in 2001, has achieved substantial market penetration and has achieved recognition as a preferred kitting supplier to many companies involved in building network infrastructures within the telecommunication sector. Turnover has grown to approximately R184 000 000 for the year ended 31 August 2008, with good profit margins. Contract Kitting has little or no gearing, has a sound balance sheet and generates positive cash flows, which are able to fund its continued high growth.



The approval in terms of the Competition Act of 1988 is the only remaining condition precedent. In terms of the JSE Listings Requirements, the acquisition constitutes a Category 2 transaction and no circular is therefore required to be posted to shareholders. Shareholders are advised that the cautionary announcement is now withdrawn following the publishing of the pro forma financial effects.
20 Nov 2008 10:27:32
(C)
The group reported revenue of R923.98 million (R170.19 million) with headline earnings per share of 6.19c (2.28c).



Dividend

No dividend has been proposed for the year.



Prospects

The overall expectation is for continued growth in revenue and earnings. The group is still experiencing strong demand for its products, solutions and services in particularly the Government market segment. ConvergeNet expects further strategic progress in respect of supplier support and certifications, as well as an expanded product and solution offering. The pending completion of the Contract Kitting acquisition will enable substantial market share growth in the Telecommunications market segment. ConvergeNet is adopting a more conservative approach to our international business development programme as a result of the changing macroeconomic landscape.
22 Oct 2008 14:02:58
(Official Notice)
Shareholders are advised that ConvergeNet has negotiated the conclusion of an agreement dated 20 October 2008 in terms of which ConvergeNet will acquire 74% of Chrystalpine, from Noel William Andrews and John Eric Andrews. Contract Kitting is held 100% by Chrystalpine. The purchase consideration price payable to the sellers for the Chrystalpine sale shares and sellers claims are R142 925 080, and are to be discharged by ConvergeNet through the issue of 135 115 815 new ConvergeNet shares at 108cps as vendor consideration shares. ConvergeNet have sourced an appropriate BEE partner to acquire these shares.



Shareholders are advised to continue to exercise caution when dealing in the company's securities until the pro forma financial effects of the acquisition has been made.
17 Oct 2008 09:11:18
(Official Notice)
Further to the announcement on 04 September 2008, shareholders are advised that the company is still in negotiations, which if successfully concluded may have a material effect on the price of the company`s securities and accordingly shareholders are advised to continue to exercise caution when dealing in the company`s securities until a full announcement is made.
17 Sep 2008 17:19:00
(Official Notice)
The board is pleased to advise shareholders that the results for the year ended 31 August 2008, are expected to exceed the prior year earnings and headline earnings per share by between 140% to 150%. ConvergeNet published a profit forecast for the year ended 31 August 2008, in its circular to shareholders dated 3 August 2007. The board is pleased to advise shareholders that the results for the year ended 31 August 2008, are expected to exceed the previously published profit forecast earnings and headline earnings per share by between 40% to 50%.
04 Sep 2008 14:51:15
(Official Notice)
Shareholders are advised that the company has entered into further negotiations, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
01 Jul 2008 08:59:40
(Official Notice)
Shareholders are advised that ConvergeNet will acquire an additional 5.2% in Sizwe Africa IT through the issue of new shares by Sizwe Africa IT. Sizwe Africa IT will in turn utilise the proceeds from such issue to acquire the 30% minority equity interest in Sizwe Infrastructure Technology (Pty) Ltd held by Riaan Schaap and Willem de Klerk.
04 Oct 2007 10:03:03
(Permanent)
Vestor renamed to ConvergeNet Holdings Ltd on 4 October 2007.
18 Apr 2008 09:44:48
(C)
The interim results reflect the group?s first set of interim results for a full period since the various acquisitions were approved by shareholders in the prior financial year. A comparison to the prior six month period is not meaningful as the group did not trade for the six month period. The group experienced a strong demand for its products and offerings and it has achieved growth in both market and customer share during the period under review. The Sizwe Africa IT Group, Structured Connectivity Solutions and Telesto Communications have in particular performed ahead of expectations for the period. According to the profit forecast, as published in the circular to shareholders dated 3 August 2007, the fully diluted earnings and headline earnings per share were estimated to be 4.23 cents per share for the year ending 31 August 2008. On assumption that forecast earnings accrued on a pro rata basis, the actual fully diluted earnings and headline earnings per share for the 6 months were 32% better than 50% of the profit forecast.



Dividends

No dividend was declared for the period under review.



Prospects

The group continues to experience strong demand for its offerings in spite of the current economic situation. Therefore the outlook for growth remains positive.
11 Apr 2008 13:17:04
(Official Notice)
The board of directors of ConvergeNet hereby announces the resignation of Mr Martin Deon van Rooyen from the board with effect from 7 April 2008.



ConvergeNet also announce the appointment of Mrs Michelle Julie Krastanov to the board with effect from 7 April 2008. Michelle is a CA(SA), qualifying and spending seven years with Price Waterhouse, after joining in January 1987. In 1994, Michelle moved into Corporate Finance, running her own business until joining Arcay Moela Sponsors (Pty) Ltd in October 2001 to start the sponsor business. Michelle now heads up the company within Arcay that is responsible for sponsor and designated adviser activities, assists with acquisitions and negotiations and other ancillary services.
19 Mar 2008 17:14:38
(Official Notice)
Shareholders are advised that, for the interim results for the six months ended 29 February 2008, the company expects to report earnings per share and headline earnings per share of between 2.65 cents and 3.05 cents compared to a loss of 0.05 cents per share as per the prior year interim results.



It should be noted that as at 31 August 2007, the last financial year end of ConvergeNet, there had been a number of acquisitions and various changes in accounting estimates, none of which were reflected in the 28 February 2007 interim results which form comparatives in the above paragraph. Shareholders are also reminded of the profit forecast as published in the circular to shareholders dated 03 August 2007, which estimated fully diluted earnings and headline earnings of 4.23 cents per share for the year ending 31 August 2008. On the assumption that forecast earnings accrued on a pro rata basis, it is expected that earnings per share and headline earnings per share will be between 25% to 45% better than 50% of the years profit forecast.
25 Feb 2008 12:40:49
(Official Notice)
Shareholders are advised that ConvergeNet has negotiated the conclusion of an agreement dated 25 January 2008 in terms of which ConvergeNet will acquire, from David Braine, an additional 19% of the issued share capital in and claims against, Structured Connectivity Solutions (Pty) Ltd (SCS). The vendor is a related party to ConvergeNet. The effective date of the Acquisition is 1 September 2008. The purchase consideration price payable to the vendor for the SCS Equity and Claims is R13 239 687, and is to be discharged by ConvergeNet through the issue of 15 818 024 new ConvergeNet shares at 84 cents per share to the vendor.
02 Feb 2007 11:35:18
(Permanent)
Vesta Technologies Holdings Ltd changed name to Vestor Investments Ltd on 05 February 2007.
29 Jun 2006 16:08:07
(C)
At a general meeting held on 15 June 2006, the shareholders of Vesta approved the disposal of the entire business of Vesta to The Morrison Family Trust, a trust associated with Mr F Morrison for R2 000 000 with effect from 1 September 2005. Vesta reflected a profit of R397 000. The profit was the result of the disposal of the company's business. The company has not yet traded as at 28 February 2006. No interim dividend was declared.





15 Jun 2006 17:35:14
(Official Notice)
At the general meeting of shareholders of the company held on Thursday, 15 June 06, all of the resolutions proposed were passed by the requisite number of shareholders. The effect of these resolutions are as follows:

*Vesta has disposed of its entire business to the Morrison Family Trust;

*Bevdev CC has acquired 59 114 697 ordinary shares, being 69.88% of the issued share capital;

*Shareholders eligible to vote have waived a mandatory offer in terms of Rule 8.7 of the Securities Regulation Panel; and

*Approval of a general authority to issue shares for cash was obtained.

The following directors have resigned with effect from 15 June 06: Mesrs FJ Morrison, A Futcher, Advocate JA van Tonder and Ms M Morrison; and Messrs DJA White, JE Van der Burgh, MJ Antonie and LD van Wyk have been appointed as directors with effect from 15 June 2006.
04 Apr 2006 08:47:06
(Official Notice)
Vesta entered into an agreement on 10 March 2006, subject to certain conditions precedent, to dispose of all of its assets and liabilities for R2 million (the equivalent of 2.3641cps) to Frederick Johannes Morrison or his nominee. On behalf of the Morrison Family Trust ("MFT") and himself, Morrison simultaneously entered into an agreement, subject to certain conditions precedent, to dispose of 59 114 697 ordinary shares in Vesta held by them, constituting 69.88% of the entire issued share capital of the company, to Bevdev CC for a consideration of R1.7 million (being the equivalent of 2.8758cps. Upon approval of the disposal and the acquisition of shares, Bevdev will hold 69.88% of the issued share capital of the company. The effective date of the disposal will be 1 September 2005. Vesta shareholders are no longer required to exercise caution when dealing in their shares on the JSE.
28 Feb 2006 15:55:53
(Official Notice)
Further to the cautionary announcement dated 17 January 2006, shareholders are advised that Vesta is still involved in discussions, the outcome of which may have a material impact on the price at which the company's securities trade on the JSE. Shareholders are accordingly advised to continue exercising caution when dealing in the company's securities on the JSE until such time as a full announcement is made in this regard.

17 Jan 2006 15:09:31
(Official Notice)
Shareholders are advised that Vesta is involved in discussions, the outcome of which may have a material impact on the price at which the company's securities trade on the JSE. Shareholders are accordingly advised to exercise caution when dealing in the company's securities on the JSE until such time as a full announcement is made in this regard.
10 Jan 2006 09:49:28
(Official Notice)
Adv J A van Tonder has been appointed as the non-executive chairman of the company, with effect from 09 January 2006.
03 Jan 2006 14:17:42
(Official Notice)
Satish Roopa, the non-executive chairman of the company, has resigned with effect from 31 December 2005.
30 Nov 2005 15:18:28
(C)
Revenue decreased by 43.36% to R9.1 million (R16.1 million) while headline earnings increased by 16.67% to 0.7cps (0.6cps). Net profit for the year was reported at R455 000 (R31 000 loss). The group diluted its interest in Vesta WebActive Solutions (Pty) Ltd from 100% to 50%, by acquiring the e-learning business from Campuswise (Pty) Ltd, effective from 1 January 2005, for a consideration of R50 000. This was settled by the issue of 1 000 Vesta WebActive Solutions (Pty) Ltd shares equating to 50% of its share capital. The group then subsequently sold a portion of its investment to a BEE partner on 1 February 2005 for R25 000 cash, thus reducing its holding to 35%. The reduction in the group's investment in WebActive has led to a profit of R3 524 655 and a corresponding impairment in the loans to WebActive of R3 464 015. The name of Vesta WebActive Solutions (Pty) Ltd has also been changed to Vesta Learning Solutions (Pty) Ltd. The group will in future account for Vesta Learning Solutions (Pty) Ltd as an Associate. In view of the operating results the board has elected not to declare any dividends.



Prospects

Vesta will continue to strive for sustainable long-term growth with annuity revenue streams. Focus will still be on expansion of existing operational areas including the local council market where the company is beginning to provide products and services.
14 Jun 2005 15:48:04
(C)
Vesta`s revenue decreased to R5.7m (R8.7m) and a loss of R215 000 (R135 000 earnings) for the period was declared. A loss of 0.3cps (0.2cps earnings) and headline loss of 0.1cps (0.2cps earnings) were incurred.



Prospects

A refocus on only two main areas, System Support and Development will create a cleaner and more focused team to grow these. Vesta is confident that the company can once again achieve a position of sustained growth.
14 Jun 2005 15:16:08
(Official Notice)
Edward Lance Thomas has resigned as financial director as of 14 June 05.
22-Nov-2017
(X)
Stellar is a JSE listed investment holding company. Stellar Capital has appointed Thunder Securitisations (Pty) Ltd. as its dedicated investment manager to manage the portfolio of the Company in accordance with section 15 of the JSE Listings Requirements. The Manco, in terms of its management agreement with the Company, acts on behalf of the Company in sourcing, negotiating, concluding and executing investment opportunities for the Company. The Company holds a diversified portfolio of investments spanning the financial services, industrial, engineering and communications sectors.


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