HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

17-Sep-2018
(C)
03-Sep-2018
(Official Notice)
In terms of paragraph 3.4(b)(i) of the JSE Limited Listings Requirements, shareholders are advised of the following expectations with regards to the financial results for the year ended 30 June 2018:

-headline earnings per share of between 356.74 cents and 387.33 cents, representing a decrease of between 41.69% and 36.69%, compared to 611.76 cents for the year ended 30 June 2017; and

-earnings per share of between 336.42 cents and 364.24 cents, representing a decrease of between 39.53% and 34.53% compared to 556.38 cents for the year ended 30 June 2017.



The information in this trading statement has not been reviewed or reported on by the Company?s external auditors. The financial results for the year ended 30 June 2018 are expected to be published on or about 17 September 2018.
19-Jun-2018
(Official Notice)
Sasfin is currently jointly audited by:

*Grant Thornton Johannesburg Partnership (?Grant Thornton?) with S Kock being the designated partner; and

*KPMG Inc. (?KPMG?) with H Berrange being the designated partner.



Shareholders are advised that further to a tender process PricewaterhouseCoopers Inc., with V Tshikhovhokhovho as the designated partner, have been appointed and will replace KPMG and Grant Thornton and act as the group?s auditor with immediate effect.



This change was initiated by Sasfin to ensure the ongoing independence of the group?s auditors.
29-May-2018
(Official Notice)
Sasfin, Saxo Bank and the management of SCMSA announced on 17 April 2018 that Sasfin and the management of SCMSA had agreed to acquire SCMSA from Saxo Bank, subject to the fulfilment of certain conditions precedent (?Acquisition?). The parties hereby confirm that the conditions precedent have been successfully fulfilled. The transaction is now unconditional and will come into effect on 01 June 2018. The structure of the Acquisition will see Sasfin hold an indirect minority stake in SCMSA.



Due to the pending change in shareholding, SCMSA will shortly be changing its name to SCM DMA (Pty) Ltd, trading as ?DMA?. DMA is an acronym for Direct Market Access. It aligns to the services DMA will continue to provide to direct clients as well as various other parties in the financial services industry.DMA will continue to collaborate with Saxo Bank, leveraging their unique technology and global market access. Clients of the newly named entity will continue to have access to the same broad product range and platforms as they are used to.



The combination of Sasfin, Saxo Bank and DMA provides an opportunity to grow DMA further through the extraction of the meaningful synergies that exist between all the parties. In addition, an investment into DMA will lead to the facilitation of broader trade within the South African financial markets. As Saxo Bank drives its open architecture strategy, current and potential clients will see an enhanced user experience for the local financial markets incorporating regulatory reporting and market data management.



Current clients of SCMSA will see no change in their service and contractual basis with Saxo Bank and DMA, providing continuity of business. The Acquisition is below a Category 2 transaction as envisaged in the JSE Limited Listings Requirements. This announcement is, therefore, voluntary and is made in order to keep Sasfin shareholders apprised of the ongoing activities of the group.
29-May-2018
(Official Notice)
On the 24th of May 2018 GCR affirmed the national scale rating assigned to Sasfin Bank of BBB+(ZA) and A1-(ZA) in the long and short term respectively; with the outlook accorded as stable. Follow the link below for a full report on the ratings published by GCR. https://globalratings.net/news/article/gcr-affirms-sasfin-bank-limiteds-rating-of-bbbza-outlook-stable1

26-Apr-2018
(Official Notice)
Sasfin Holdings Ltd. and Sasfin Bank Ltd. are required in terms of Regulation 43(1)(e)(ii) of the Banks Act, No 94 of 1990, as amended, of South Africa, and Regulations, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly. The Group's capital management plan and strategy are fully disclosed in the Group's 2017 integrated report and the 2017 audited annual financial statements which are available at www.sasfin.com or from the company secretary.



Sasfin Holdings Ltd. and Sasfin Bank Ltd. capital structure, capital adequacy, leverage and liquidity coverage ratios at 31 December 2017 are disclosed.



17-Apr-2018
(Official Notice)
Sasfin, Saxo Bank and the management of SCMSA announced that Sasfin and the management of SCMSA have agreed to acquire SCMSA from Saxo Bank, subject to the fulfilment of certain conditions precedent (?Acquisition?). Following the implementation of the transaction, the parties will continue to collaborate, leveraging Saxo Bank?s unique technology and global market access. Clients of SCMSA will therefore continue to have access to the same broad product range and platforms as they are used to.



Saxo Bank, headquartered in Copenhagen, Denmark, is a leading multi-asset trading and investment specialist Fintech bank, with clients in more than 170 countries.



Sasfin, a diversified business and wealth banking group, works with various global custodians and trading platforms to manage global investment portfolios for private and institutional investors, and will hold an indirect minority stake in SCMSA.



The combination of Sasfin, Saxo Bank and SCMSA provides an opportunity to grow SCMSA further through the extraction of the meaningful synergies that exist between all the parties. In addition, an investment into SCMSA will lead to the facilitation of broader trade within the South African financial markets.



Current clients of SCMSA will see no change in their legal and contractual basis with Saxo Bank and SCMSA, providing continuity of business. As Saxo Bank drives its open architecture strategy, current and potential clients will see an enhanced user experience for the local financial markets incorporating regulatory reporting and market data management.
06-Apr-2018
(Official Notice)
Sasfin shareholders (?Shareholders?) are referred to the circular dated 13 December 2017 (?Circular?) regarding the acquisition by Sasfin or its nominee of the entire loan book of ATFS, its staff, information technology systems related to the management of the loan book and other ancillary assets (?Acquisition?).



Shareholders are advised that the Acquisition has become unconditional and was implemented this week in accordance with its terms.
20-Mar-2018
(C)
08-Mar-2018
(Official Notice)
Each of Gloria Serobe (non-independent), Gugu Dingaan (non-independent) and Richard Buchholz (independent) has been appointed as a non-executive director of Sasfin and Sasfin Bank with effect from 7 March 2018.



Gloria and Gugu?s appointments are in accordance with Sasfin?s recently concluded broad-based black economic empowerment transaction in terms of which Women Investment Portfolio Holdings Ltd.?s ("WIPHOLD") wholly-owned subsidiary Wipfin Investments (Pty) Ltd. subscribed for a 25.1% interest in Sasfin ordinary shares.



In addition, Shaun Rosenthal has been appointed as an alternate director to Gloria Serobe at Sasfin board level.
06-Mar-2018
(Official Notice)
Shareholders of the Company are advised of the following expectations with regards to the half year to 31 December 2017:

- headline earnings per share of between 149 cents and 163 cents, corresponding to a decrease of between 45% and 40% in comparison to 271 cents reported for the half year ended 31 December 2016; and

- earnings per share of between 136 cents and 148 cents, corresponding to a decrease of between 49% and 44% in comparison to 267 cents reported for the half year ended 31 December 2016.



The decrease in headline earnings per share and earnings per share for the half year ended 31 December 2017 arose primarily from a large credit event related to a single client and an increase in the tax expense as a result of once-off changes in deferred tax assets and liabilities, substantially because of changes in tax legislation. These items collectively had a net negative impact on the Group?s headline earnings and earnings per share of 147 cents.



The results for the half year ended 31 December 2017 are expected to be published on or about 20 March 2018.
17-Jan-2018
(Official Notice)
Sasfin shareholders (?Shareholders?) are referred to the circular dated 13 December 2017 (?Circular?) regarding the acquisition by Sasfin or its nominee of the entire loan book of Absa Technology Finance Solutions (Pty) Ltd., its staff, information technology systems related to the management of the loan book and other ancillary assets (?Acquisition?).



Shareholders are advised that at the general meeting held on Wednesday, 17 January 2018 (?GM?), the resolutions set out with regard to the acquisition were duly approved by the requisite majority of shareholders present and voting.



The acquisition is still subject to some outstanding conditions precedent envisaged in the Circular which are to be fulfilled or waived (where capable of being waived) by no later than 28 February 2018 (or such later date/s as may be agreed by the Parties). Shareholders will be advised once the acquisition has become unconditional.



Where applicable, words and expressions in this announcement shall have the same meaning as assigned to them in the Circular.



27-Dec-2017
(Official Notice)
Shareholders are advised of a change to the Sasfin board of directors (?Board?) as set out below.



Appointment of a group financial director

Angela Pillay has been appointed as group financial director with effect from 1 March 2018 and will also be a director of various Sasfin subsidiaries including Sasfin Bank Ltd.

13-Dec-2017
(Official Notice)
28-Nov-2017
(Official Notice)
Sasfin shareholders were advised that at the annual general meeting (?AGM?) of shareholders held on 27 November 2017, all the resolutions, as set out in the notice of AGM, which was incorporated in the Integrated Report 2017 distributed to shareholders on 27 October 2017, were duly approved by the requisite majority of shareholders present and voting, either in person or represented by proxy.
27-Nov-2017
(Official Notice)
Shareholders are advised of a change in the role of certain directors of the Sasfin board of directors (?Board?) as set out below.



Change in role of Mr Roland Sassoon and Mr Michael Sassoon

Roland Sassoon will step down as chief executive officer (?CEO?) of the Company and will be succeeded by Michael Sassoon, currently an executive director of the Company, with effect from 1 January 2018. Roland Sassoon will, however, continue to fulfil the role as CEO of Sasfin Bank Ltd., the Company?s wholly-owned subsidiary, as well as a non-executive director of the Company for the foreseeable future, which will allow for a smooth transition.
03-Nov-2017
(Official Notice)
01-Nov-2017
(Official Notice)
Sasfin shareholders (?Shareholders?) are referred, inter alia, to the circular dated 21 August 2017 (?Circular?) regarding the Transaction (defined below) and the announcement dated 16 October 2017 wherein they were advised that all suspensive conditions to the Transaction had been fulfilled.



In terms of the Transaction:

*Wipfin Investments (Pty) Ltd. (formerly known as Sinvest Investments 245 (Pty) Ltd. (?Wipfin?), a wholly-owned subsidiary of WIPHOLD, would subscribe for Sasfin ordinary shares (?Shares?) at R51.00 per share in terms of a specific issue of shares for cash (?Subscription?); and

*Sasfin would make an offer to repurchase all or some of the shares held by shareholders (?Repurchase Offer?) at R51.00 per share in compliance with all of the applicable requirements for a scheme of arrangement in terms of section 114 of the Companies Act, 71 of 2008 (as amended) (?Companies Act?) as read with section 115 of the Companies Act.



The Subscription and Repurchase Offer (collectively ?Transaction?) were indivisibly linked.



The subscription and results of the repurchase offer

Shareholders are advised that in terms of the Subscription, 8 107 662 shares were issued to Wipfin and listed on the exchange operated by JSE Ltd. on Monday, 30 October 2017.



In terms of the Repurchase Offer, which closed on Friday, 27 October 2017, Sasfin received acceptances in respect of 9 949 074 shares, equating to 122.7% of 8 107 662 shares (being the maximum number of shares that could be repurchased in terms of the Repurchase Offer). Accordingly, the formula referred to in the Circular was applied so as to ensure that only 8 107 662 shares were acquired by Sasfin in terms of the Repurchase Offer.



Following the successful implementation of the Transaction, Wipfin now holds 25.1% of the shares in issue.



Dealing in securities

The company disclosed the sale of securities by an associate of directors in terms of the Repurchase Offer.
27-Oct-2017
(Official Notice)
16-Oct-2017
(Official Notice)
Sasfin shareholders (?Shareholders?) are referred to the announcement dated 21 August 2017 (?Announcement?) wherein they were advised, inter alia, that the circular (?Circular?) relating to the implementation, subscription and relationship agreement (?Agreement?) that was entered into between Sasfin, Women Investment Portfolio Holdings Ltd. (?WIPHOLD?) and WIPHOLD?s wholly-owned subsidiary Wipfin Investments (Pty) Ltd. (formerly known as Sinvent Investments 245 (Pty) Ltd.) (?WIPHOLD SPV?) was posted to Shareholders on 21 August 2017.



The salient terms of the Agreement are that:

- WIPHOLD SPV will subscribe for Sasfin ordinary shares (?Shares?) at R51.00 per share in terms of a specific issue of shares for cash (?Subscription?); and

- Sasfin will make an offer to repurchase all or some of the Shares held by Shareholders (?Repurchase Offer?) at R51.00 per share in compliance with all of the applicable requirements for a scheme of arrangement in terms of section 114 of the Companies Act, 71 of 2008 (as amended) (?Companies Act?) as read with section 115 of the Companies Act.



The Subscription and Repurchase Offer (collectively ?Transaction?) are indivisibly linked.



Fulfilment of suspensive conditions and important dates and times

All the suspensive conditions to the Transaction, as detailed in the Circular, have now been fulfilled. Due to the Transaction becoming unconditional in accordance with the timetable presented in the Circular and the Announcement, no changes to the timetable are required.
11-Oct-2017
(Official Notice)
19-Sep-2017
(Official Notice)
Sasfin shareholders (?Shareholders?) are referred to the circular dated 21 August 2017 regarding the implementation, subscription and relationship agreement that Sasfin entered into with Women Investment Portfolio Holdings Ltd. (?WIPHOLD?) and WIPHOLD?s wholly-owned subsidiary Sinvent Investments 245 (Pty) Ltd. (?WIPHOLD SPV?) on 7 June 2017 in terms of which, inter alia:

- WIPHOLD SPV will subscribe for Sasfin ordinary shares (?Shares?) at R51.00 per Share in terms of a specific issue of shares for cash (?Subscription?); and

- Sasfin will make an offer to repurchase all or some of the Shares held by Shareholders (?Repurchase Offer?) at R51.00 per Share in compliance with all of the applicable requirements for a scheme of arrangement in terms of section 114 of the Companies Act, 71 of 2008 (as amended) (?Companies Act?) as read with section 115 of the Companies Act.



The Subscription and Repurchase Offer (collectively ?Transaction?) are indivisibly linked and the Transaction is still subject to the fulfilment of certain conditions precedent including, the approval of the South African Registrar of Banks. Shareholders are advised that at the general meeting held today, 19 September 2017 (?GM?), the resolutions set out below with regard to the Transaction were duly approved by the requisite majority of shareholders present and voting.
19-Sep-2017
(C)
28-Aug-2017
(Official Notice)
Shareholders are advised of changes to the Sasfin board of directors (?Board?) and related subsidiary boards as set out below.

Resignation of Mr John Moses

After six and a half years of service to the group, Mr John Moses has notified the board that he will resign as an independent non-executive director of the Board and the relevant Sasfin subsidiary boards with immediate effect.

Appointment of Ms Gugu Mtetwa

Sasfin shareholders are advised that Ms Gugu Mtetwa has been appointed as an independent non-executive director of the company with immediate effect.



It is intended that Gugu will also serve on a number of board committees to be determined.



25-Aug-2017
(Official Notice)
The company expects to report:

* headline earnings per share of between 575.20 cents and 626.39 cents (2016: 731.27 cents), representing a decrease of between 14.34% and 21.34% and;

* earnings per share of between 521.02 cents and 570.52 cents (2016: 707.13 cents), representing a decrease of between 19.32% and 26.32%.



The results of the company for the year ended 30 June 2017 are expected to be published on or about 19 September 2017.
21-Aug-2017
(Official Notice)
21-Jul-2017
(Official Notice)
21-Jun-2017
(Official Notice)
Shareholders are referred to the announcement dated 20 January 2017 wherein they were advised that Mr Tyrone Devrajh Soondarjee, the Group Financial Director, will retire with effect from 30 June 2017 from the Sasfin board and subsidiary boards where applicable, including Sasfin Bank Ltd. The Company is still in the process of recruiting a replacement for Mr Soondarjee.



Accordingly, Mr Lushendren Pather, Chief Financial Officer of Sasfin Bank Ltd. and Sasfin, has been appointed as acting Group Financial Director with effect from 1 July 2017 until such time that a permanent Group Financial Director is appointed.



Shareholders are further advised that Mr Lushendren Pather has also been appointed as Acting Financial Director and as Financial Director Designate of Sasfin Bank Ltd. with effect from 1 July 2017, which confirmation will be subject, inter alia, to regulatory approval. Shareholders will be updated with regards to these appointments in due course.
08-Jun-2017
(Official Notice)
28-Apr-2017
(Official Notice)
Sasfin shareholders (?Shareholders?) are referred to the announcement published on 13 March 2017 wherein they were advised that Sasfin or its nominee (?Purchaser?) had concluded a binding offer with ATFS, in terms of which the Purchaser will acquire ATFS? entire loan book (?Acquisition?), subject to certain conditions precedent. The audited value of the net assets that are the subject of the Acquisition and the audited profit after tax attributable to such net assets are still being finalised and will be provided to Shareholders in due course. Accordingly, Shareholders are advised to continue exercising caution when dealing in the Company?s securities until this information is made available.



Transaction with Women Investment Portfolio Holdings Ltd. (?WIPHOLD?)

Shareholders are referred to the cautionary announcement published on 16 March 2017 wherein they were advised that WIPHOLD had confirmed its interest (?Expression of Interest?) to conclude a transaction with Sasfin upon implementation of which, WIPHOLD will hold 25.1% of the ordinary shares in the issued capital of Sasfin (?Transaction?).



The Transaction is subject to, inter alia:

- the conclusion of binding formal agreements required to give effect to the Transaction (?Definitive Agreements?); and

- the receipt of all and any required directors?, shareholders?, governmental and regulatory (including that of the South African Reserve Bank) approvals required to give effect to the Transaction / Definitive Agreements.



As the parties have not yet concluded the Definitive Agreements embodying the terms and conditions of the Expression of Interest, Shareholders are advised to continue exercising caution when dealing in the Company?s securities until a further announcement with regard to the Transaction is made.
31-Mar-2017
(Official Notice)
Sasfin Holdings Limited and Sasfin Bank Limited are required in terms of Regulation 43(1)(e)(ii) of the Banks Act, No 94 of 1990, as amended, of South Africa, and Regulations, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly. The Group's capital management plan and strategy are fully disclosed in The Group's 2016 Integrated Report and Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary. Sasfin Holdings Limited and Sasfin Bank Limited capital structure, capital adequacy, leverage and liquidity coverage ratios at 31 December 2016 are disclosed.



29-Mar-2017
(Official Notice)
Shareholders are advised that Lesego Sennelo has resigned as an independent non- executive director of the company and Sasfin Bank Ltd. with effect from 28 March 2017.
17-Mar-2017
(Media Comment)
According to Business Report, Sasfin Holdings indicated that the money it invested in improving its information technology (IT) division as well as acquisitions would help to boost earnings in the future. Chief executive Ronald Sassoon said the group now hoped to finalise the recently announced acquisition of the Absa equipment rental book and its BEE deal with Wiphold in the next few months, both of which should stimulate growth.
16-Mar-2017
(C)
Total income for the interim period increased by 4.3% to R592.7 million (2015: R568.3 million), profit from operations decreased to R112.9 million (2015: R150 million), profit attributable to equity holders of the group fell by 20.26% to R84.7 million (2015: R106.2 million), while headline earnings per ordinary share declined by 18.84% to 271.42 cents per share (2015: 334.43 cents per share).



Preferance share cash dividend

The Directors have declared a gross cash preference dividend number 25 of 436.68 cents per share (December 2015: 396.28 cents per share) ("preference dividend") for the period 1 July 2016 to 31 December 2016.



Interim ordinary share cash dividend

The Directors have declared an interim ordinary share cash dividend for the period ended 31 December 2016 of 80.004 cents (December 2015: 98.575 cents) per share.



Prospects

Political and economic uncertainty coupled with market volatility continues to raise potential threats to financial stability. Nonetheless we are cautiously optimistic about the South African economy, mainly due to the break in the drought, improved commodity prices and reduced strike action.



The fixed overhead relating to regulatory compliance for a challenger banking group such as Sasfin has increased considerably. In order to improve its performance, Sasfin is in the process of:

*strengthening its IT capabilities

*acquiring, subject to the fulfilment of conditions precedent, the ABSA Technology Financial Solutions (Pty) Limited equipment rental book, as advised on SENS

*negotiating with a potential BEE partner, as advised in a recently published SENS announcement

*restructuring the Group in order to adopt a more focused approach to its target markets along its core pillars of Banking, Wealth and Capital.



These initiatives should result in solid and sustainable growth for the Group.



16-Mar-2017
(Official Notice)
In the cautionary announcement published on 1 November 2016 and the cautionary announcement renewals published on 13 December 2016, 30 January 2017 and 13 March 2017, Sasfin shareholders (?Shareholders?) were advised that the Company was in discussions with a potential B-BBEE investor.



Shareholders are advised that, following the successful conclusion of a due diligence on the Sasfin group, Women Investment Portfolio Holdings Limited ("WIPHOLD") has confirmed its interest (?Expression of Interest?) to conclude a transaction with Sasfin upon implementation of which, WIPHOLD will hold 25.1% of the ordinary shares in the issued capital of Sasfin (?Transaction?). WIPHOLD is a prominent B-BBEE investment and operating group in South Africa and is majority owned and managed by black women.



WIPHOLD?s Expression of Interest is fully funded and Sasfin has granted WIPHOLD exclusivity over a reasonable period of time to implement the Transaction. The Transaction is subject to, inter alia:

- the conclusion of binding formal agreements required to give effect to the Transaction (?Definitive Agreements?); and

- the receipt of all and any required directors?, shareholders?, governmental and regulatory (including that of the South African Reserve Bank) approvals required to give effect to the Transaction / Definitive Agreements.



As the parties have not concluded the Definitive Agreements embodying the terms and conditions of the Expression of Interest, Shareholders are advised to continue exercising caution when dealing in the Company?s securities until a further announcement with regard to the Transaction is made.
13-Mar-2017
(Official Notice)
Sasfin shareholders (?Shareholders?) are advised that Sasfin or its nominee (?Purchaser?) has concluded a binding offer with ATFS, in terms of which the Purchaser will acquire ATFS? entire loan book (?Acquisition?), subject to certain conditions precedent. The entire loan book comprises loans and rental contracts including non-performing loans (?NPL?), loans eligible for securitisation (?Eligible Loan(s)?) and loans not eligible for securitisation (?Non- Securitisable Loan(s)?) (herein after referred to collectively as the ?Loan Book?). In addition to acquiring the Loan Book, Sasfin will take on ATFS? staff and acquire ATFS? information technology (?IT?) systems related to the management of the Loan Book.



Consideration for the Acquisition

The consideration for the Loan Book at the Effective Date (as defined below) will be determined by applying agreed prime-linked discount rates to the variable and fixed rate portions of the Eligible and Non-Securitisable Loan Books (?Price Mechanism?). Sasfin or its nominee will take over for nominal consideration all NPL at the Effective Date, determined in accordance with ATFS policies and procedures consistently applied. For indicative purposes only, the consideration for the Loan Book, including the NPL, at 31 December 2016 as determined in accordance with the Price Mechanism was R1 458 468 446. The final consideration for the Loan Book at the Effective Date may necessarily be higher or lower than this amount as determined using the Pricing Mechanism. Sasfin has further offered a nominal amount for the IT systems, including all sub- programs, data and any ancillary systems required for the effective management of the Loan Book.



Settlement of the Acquisition consideration

The Acquisition consideration will be payable in cash on the Effective Date of the Acquisition. The Eligible Loans purchase will be financed by securitising the Eligible Loans through the South African Securitisation Programme (RF) Ltd. (?SASP?), a special purpose securitisation vehicle administered by, and for the benefit of Sasfin, which will be regulated in the Definitive Agreements. The Non-Securitisable Loans purchase will be settled from existing facilities and/or resources.
13-Mar-2017
(Official Notice)
Further to the cautionary announcement published on 1 November 2016 and the cautionary announcement renewals published on 13 December 2016 and 30 January 2017, Sasfin shareholders are advised that discussions mentioned therein regarding the potential broad-based black economic empowerment investor (?B-BBEE Investor?) are still in progress which may lead to the conclusion of a formal agreement with the B-BBEE Investor (which agreement will be subject to all requisite requirements and regulatory approvals, including approval from the South African Reserve Bank). Should an agreement embodying the terms and conditions of the discussions be concluded, it 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 further announcement is made.
21-Feb-2017
(Official Notice)
In terms of paragraph 3.4(b)(i) of the JSE Limited Listings Requirements, shareholders of the company are advised of the following expectations in regard to the half year to 31 December 2016:

*Headline earnings per share of between 264.20 cents and 277.58 cents, corresponding to a decrease of between 17% and 21% in comparison to 334.43 cents reported for the half year ended 31 December 2015; and

*Earnings per share of between 261.08 cents and 274.47 cents, corresponding to a decrease of between 18% and 22% in comparison to 334.72 cents reported for the half year ended 31 December 2015.



Trading was negatively impacted by an increase in costs largely relating to regulatory requirements, weak economic conditions and unexpected credit and investment write downs. The information in this trading statement has not been reviewed or reported on by the Company?s auditors. The results for the half year ended 31 December 2016 are expected to be published on or about 16 March 2017.



30-Jan-2017
(Official Notice)
Further to the cautionary announcement published on 1 November 2016 and the renewal of cautionary announcement published on 13 December 2016, Sasfin shareholders are advised that discussions mentioned therein regarding the potential broad-based black economic empowerment investor (?B-BBEE Investor?) are still in progress which may lead to the conclusion of a formal agreement with the B-BBEE Investor (which agreement will be subject to all requisite requirements and regulatory approvals, including approval from the South African Reserve Bank). Should an agreement embodying the terms and conditions of the discussions be concluded, it 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 further announcement is made.
23-Jan-2017
(Official Notice)
Shareholders are advised of a change to the Sasfin board of directors ("board") as set out below.



Retirement of Mr Tyrone Soondarjee

After ten years of service to the group, Tyrone Soondarjee has notified the board that he will be retiring in 2017. Consequently, he will resign as Group Financial Director and retire from the board and the relevant Sasfin subsidiary boards with effect from 30 June 2017.



Appointment of a successor to Tyrone Soondarjee

The company intends to appoint a successor to Tyrone and advise shareholders of this appointment in due course.
22-Dec-2016
(Official Notice)
Sasfin Holdings Ltd. and Sasfin Bank Ltd. are required in terms of Regulation 43(1)(e)(ii) of the Banks Act, No 94 of 1990, as amended, of South Africa, and Regulations, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly.



The Group's capital management plan and strategy are fully disclosed in the Group's 2016 Integrated Report and Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary.



Sasfin Holdings Ltd. and Sasfin Bank Ltd. capital structure, capital adequacy, leverage and liquidity coverage ratios at 30 September 2016 are disclosed in the relevant SENS note



Risk weighted assets flow statements of credit risk exposures under IRB

Sasfin does not use the internal ratings based, but rather the standardised approach, in the calculation of credit risk-weighted assets. This template is therefore not completed.



Risk weighted assets flow statements of CCR exposures under Internal Model Method (IMM)

Sasfin does not use an internal model method, but rather the standardised approach, in the calculation of counterparty credit risk. This template is therefore not completed.



Risk weighted assets flow statements of market risk exposures under an IMA

Sasfin does not use an internal model approach, but rather the standardised approach, for its market risk exposures. This template is therefore not completed.
30-Nov-2016
(Official Notice)
The Board of directors of Sasfin advised that, at the annual general meeting (?AGM?) of shareholders held on 29 November 2016, the following resolutions, as set out in the notice of AGM, which was incorporated in the Integrated Report 2016 distributed to shareholders on 31 October 2016, were duly approved by the requisite majority of shareholders present and voting, either in person or represented by proxy.
01-Nov-2016
(Official Notice)
Sasfin shareholders (?Shareholders?) are advised that the company is in discussions with a potential broad-based black economic empowerment investor (?B- BBEE Investor?). Such discussions may lead to the conclusion of a formal agreement with the B-BBEE Investor (which agreement will be subject to all requisite requirements and regulatory approvals, including approval from the South African Reserve Bank). Should an agreement embodying the terms and conditions of the discussions be concluded, it 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.
31-Oct-2016
(Official Notice)
Shareholders are advised that Sasfin?s 2016 Integrated Report containing the summarised annual financial statements of the Group for the year ended 30 June 2016 has been posted today, 31 October 2016 and contains no modifications to the audited financial results which were published on SENS on Monday, 19 September 2016. A complete set of the audited annual financial statements together with the 2016 Integrated Report will be available on the Group?s website, www.sasfin.com from 31 October 2016.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Sasfin shareholders will be held at 14:00 on Tuesday, 29 November 2016 at 29 Scott Street, Waverley, Johannesburg to transact the business as stated in the notice of annual general meeting which was posted to shareholders on 31 October 2016. A complete Shareholder Administrative Information Booklet containing the Notice of the annual general meeting and proposed ordinary and special resolutions to be passed is available on the Group?s website.
30-Sep-2016
(Official Notice)
Sasfin and Sasfin Bank Ltd. are required in terms of the requirements of the Banks Act and Basel III, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly. The Group's capital management plan and strategy are fully disclosed in the Group's 2016 Integrated Report and Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary.
19-Sep-2016
(C)
Total income for the year grew 25.1% to R1.2 billion (R956.6 million). Profit from operations jumped to R304.6 million (R232.5 million). Profit attributable to equity holders rose by 25.6% to R224.4 million (R178.7 million). In addition, headline earnings per share increased by 29% to 731.27 cents per share (566.74 cents per share).



Dividend

Final ordinary share cash dividend

The Directors have declared a final ordinary share gross cash dividend for the year ended 30 June 2016 of 188.82 cents per share.



Preference share cash dividend

The Directors have declared a gross cash preference dividend amounting to 424.42 cents per share.



Prospects

Sasfin will continue to strive for scale and diversity by applying its long-term strategy of catering for the banking and financial needs of the Business and Wealth markets. Notwithstanding prevailing market uncertainty, volatility, and constrained economic growth, the Group is poised for sustainable growth, aided by its capital and liquidity position, and high-touch service model. Sasfin hopes to conclude an agreement with a suitable Black Economic Empowerment investor on acceptable terms during the course of its current financial year.

17-Aug-2016
(Official Notice)
Shareholders are advised that the Company, for the year ended 30 June 2016, expects to report:

* Headline earnings per share of between 719.76 cents and 742.43 cents, corresponding to an increase of between 27% and 31% in comparison to 566.74 cents reported for the year ended 30 June 2015; and

* Earnings per share of between 692.59 cents and 715.11 cents, corresponding to an increase of between 23% and 27% in comparison to 563.08 cents reported for the year ended 30 June 2015.



The year end results are expected to be published on or about 19 September 2016.
31-May-2016
(Official Notice)
Sasfin Bank Ltd., Sasfin?s wholly-owned subsidiary, has engaged GCR, an approved External Credit Assessment Institution (?ECAI?), to accord a credit rating.



GCR has assigned national scale ratings to Sasfin Bank Ltd. of BBB+(ZA) and A1-(ZA) in the long and short term respectively; with the outlook accorded as stable. Furthermore, GCR has assigned an international scale local currency rating of BB to Sasfin Bank Ltd.; with the outlook accorded as stable. The ratings reflect Sasfin Bank Ltd.?s solid standalone financial strength, sound capitalisation and good recurring profitability.



GCR has published the full rating report on Sasfin Bank Ltd., which report is available online at: http://www.globalratings.net



31-Mar-2016
(Official Notice)
Sasfin and Sasfin Bank Ltd. are required in terms of the requirements of the Banks Act and Basel III, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly. The Group's capital management plan and strategy are fully disclosed in the Group's 2015 Integrated Report and Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary.
17-Mar-2016
(C)
Total income for the interim period increased by 19% to R568.3 million (2014: R476.1 million), profit from operations rose to R150 million (2014: R111.8 million), profit attributable to equity holders of the group jumped by 31% to R106.2 million (2014: R81.1 million), while headline earnings per ordinary share grew by 31% to 334.43 cents per share (2014: 255.33 cents per share).



Preference share cash dividend

Notice is hereby given that the directors have declared a gross cash preference dividend number 23 amounting to 396.28 cents per share (336.838 cents per share net of 15% dividend withholding tax) (2014: 383.74 cents per share) (326.179 cents per share net of 15% dividend withholding tax) (preference dividend) for the period 1 July 2015 to 31 December 2015.



Interim ordinary share cash dividend

Notice is hereby given that a gross interim ordinary share cash dividend, amounting to 98.575 cents per share (2014: 75.260 cents per share) (ordinary dividend), has been declared.



Prospects

Despite the weak state of the South African economy, Sasfin is confident that it will continue to increase its market share in the Business Banking and Wealth markets, where it is experiencing good demand. The Group continues to build scale and enhance efficiencies through its ongoing investment in technology and infrastructure. Sasfin is progressing with its initiatives to conclude a BEE transaction.
04-Feb-2016
(Official Notice)
In advance of the publication of the unaudited interim results for the six months ended 31 December 2015 on or about 17 March 2016, the company advises shareholders that it is expecting to report the following for the six months ended 31 December 2015:

*headline earnings per share of between 326.16 cents and 338.93 cents having increased by between 28% and 33% in comparison to 255.33 cents reported for the prior comparative period; and

*earnings per share of between 326.44 cents and 339.21 cents having increased by between 28% and 33% in comparison to 255.42 cents reported for the prior comparative period.



The information in this trading statement has not been reviewed or reported on by the company?s auditors.



17-Dec-2015
(Official Notice)
09-Dec-2015
(Official Notice)
Quarterly Report in terms of Regulation 43 (1) (e) (ii) of the Banks Act 1990 (as amended).

Sasfin Holdings Limited and Sasfin Bank Limited are required in terms of the requirements of the Banks Act and Basel III, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly.



The Group's capital management plan and strategy are fully disclosed in the Group's 2015 Integrated Report and Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary.



The South African economy continues to face significant macro-economic pressure from falling commodity prices, further devaluation of the rand and sovereign rating concerns. This is exacerbated by the local electricity challenges, prolonged drought and political uncertainty which are negatively impacting meaningful economic growth.



Sasfin Holdings Group Limited and Sasfin Bank Limited continue to maintain their strong capital and liquidity positions. Total Capital Adequacy, Tier 1 Capital Adequacy, Leverage and Liquidity coverage ratios significantly exceed the minimum regulatory requirements, in full compliance with Basel III.





30-Nov-2015
(Official Notice)
The board of directors of Sasfin hereby advises that at the annual general meeting (?AGM?) of shareholders held on 30 November 2015, the following resolutions, as set out in the notice of AGM which was incorporated in the Integrated Annual Report distributed to shareholders on 30 October 2015, were duly approved by the requisite majority of shareholders present and voting, in person or represented by proxy.
30-Nov-2015
(Official Notice)
The board of directors of Sasfin hereby advises that at the annual general meeting (?AGM?) of shareholders held on 30 November 2015, the following resolutions, as set out in the notice of AGM which was incorporated in the Integrated Annual Report distributed to shareholders on 30 October 2015, were duly approved by the requisite majority of shareholders present and voting, in person or represented by proxy.



Shareholders are advised that:

*total number of shares in issue as at the date of the AGM: 32,301,441

*total number of shares that were present in person/represented by proxy at the AGM: 20,032,315 shares being 62.02% of the total number of shares in issue



30-Oct-2015
(Official Notice)
Shareholders are advised that Sasfin?s 2015 Integrated Report containing the summarised annual financial statements of the Group for the year ended 30 June 2015 has been posted today, 30 October 2015 and contains no modifications to the audited financial results which were published on SENS on Wednesday, 9 September 2015. A complete set of the audited annual financial statements together with the 2015 Integrated Report will be available on the Group?s website, www.sasfin.com from 30 October 2015.



Notice of the annual general meeting

Notice is hereby given that the annual general meeting of Sasfin shareholders will be held at 14:00 on Monday, 30 November 2015 at 29 Scott Street, Waverley, Johannesburg to transact the business as stated in the notice of annual general meeting which was posted to shareholders today, 30 October 2015 and which is available on the Group?s website.



Record dates

The notice of annual general meeting has been posted to shareholders of the Company who were recorded as such in the Company's securities register on Friday, 16 October 2015. Hard copies will be available at the Company?s registered office on request to the Assistant Company Secretary at Pieter.bester@sasfin.com



The date on which shareholders of the Company must be recorded as such in the Company's securities register in order to attend and vote at the annual general meeting is Friday, 20 November 2015. The last day to trade in order to be entitled to vote at the annual general meeting is Friday, 13 November 2015. Proxy Forms must be lodged by no later than 14:00 on Thursday, 26 November 2015.
27-Oct-2015
(Official Notice)
Shareholders are advised that Mr MEE Sassoon has been appointed as an executive director to the Company with effect from 23 October 2015, while Mr MG Lane, following his promotion to Acting Chief Risk Officer has resigned as alternate director with effect from 23 October 2015.
30-Sep-2015
(Official Notice)
Annual Report in terms of Regulation 43 (1) (e) (ii) of the Banks Act 1990 (as amended).



Sasfin Holdings Ltd. and Sasfin Bank Ltd. are required in terms of the requirements of the Banks Act and Basel III, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly.



The Group's capital management plan and strategy are fully disclosed in the Group's 2015 Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary.



Sasfin Holdings Ltd. and Sasfin Bank Ltd. capital structure, capital adequacy, leverage and liquidity coverage ratios at 30 June 2015 are disclosed in detail in the relevant SENS note.



Sasfin Holdings Group Ltd. and Sasfin Bank Ltd. continue to maintain their strong capital and liquidity positions. Total Capital Adequacy, Tier 1 Capital Adequacy, Leverage and Liquidity coverage ratios significantly exceed the minimum regulatory requirements, in full compliance with Basel III.
09-Sep-2015
(C)
Total income for the year grew 8% to R956.6 million (R888.5 million). Profit from operations jumped to R232.5 million (R201.3 million). Profit attributable to equity holders rose 18.8% to R178.7 million (R150.4 million). In addition, headline earnings per share increased by 16.5% to 566.74 cents per share (486.27 cents per share).



Preference share cash dividend

Notice is hereby given that the directors have declared a gross cash preference dividend number 22 amounting to 378.43 cents per share (321.6655 cents per share net of 15% dividend withholding tax) (364.92 cents per share (310.182 cents per share net of 15% dividend withholding tax)) ("preference dividend") for the period 1 January 2015 to 30 June 2015.



Final ordinary share cash dividend

Notice is hereby given that a final ordinary share cash dividend for the financial year ended 30 June 2015, amounting to 147.47 cents per share (125.77 cents per share) ("ordinary dividend"), has been declared.



Together with the interim ordinary dividend of 75.26 cents (65.34 cents) declared on 3 March 2015, the total ordinary dividends for the financial year amount to 222.73 cents per share (191.11 cents per share).



Notice of annual general meeting and posting of integrated report

The annual general meeting of Sasfin will be held at 29 Scott Street, Waverley, Johannesburg, on Monday, 30 November 2015 at 14h00.



The integrated report will be posted to shareholders on or about 30 October 2015. The audited Group annual financial statements will also be available on the company's website on or about 30 October 2015.



Prospects

Sasfin continues to focus on the entrepreneurial business and wealth markets. Subject to prevailing market conditions and constrained growth levels in the economy, Sasfin is well poised for sustainable growth across all divisions, with continued expansion of its franchise value in its chosen markets, aided by its recently launched Transactional Banking service offering, on the back of its strong capital and liquidity position, and high-touch service model.



Sasfin hopes to conclude an agreement with a suitable Black Economic Empowerment investor on acceptable terms during the course of its current financial year.
18-Aug-2015
(Media Comment)
According to Business Day Sasfin has entered the transactional banking market and hopes the new division will break even within four years. With the roll-out of a transactional banking offering, Sasfin hopes to diversify its sources of income and help grow its non- interest revenue. The company plans to grow its transactional banking offering by largely targeting corporate and small to medium businesses, while individuals have the opportunity to open a current account. CEO Roland Sassoon said the move takes Sasfin from being a secondary bank into a primary bank. Mr Sassoon added that the transactional banking solution would help Sasfin get the critical mass it needed to grow.
13-Aug-2015
(Official Notice)
In advance of the publication of the audited group results for the year ended 30 June 2015 on or about 9 September 2015, the Company has voluntarily elected to advise shareholders that it is expecting to report the following for the year ended 30 June 2015:

*Headline earnings per share of between 554 cents and 574 cents having increased by between 14% and 18% in comparison to 486 cents reported for the prior comparative period; and

*Earnings per share of between 545 cents and 564 cents having increased by between 15% and 19% in comparison to 474 cents reported for the prior comparative period.



The information in this trading statement has not been reviewed or reported on by the Company?s auditors.
30-Jun-2015
(Official Notice)
Quarterly Report in terms of Regulation 43 (1) (e) (ii) of the Banks Act 1990 (as amended).



Sasfin and Sasfin Bank Ltd. are required in terms of the requirements of the Banks Act and Basel III, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly.



The Group's capital management plan and strategy are fully disclosed in the Group's 2014 Integrated Report and Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary.



The South African economy continues to face significant macro economic pressure from falling commodity prices, further devaluation of the rand and sovereign rating concerns. This is exacerbated by the local electricity and labour crises which are negatively impacting meaningful economic growth.



Sasfin and Sasfin Bank Ltd. continue to maintain their strong capital and liquidity positions. Total Capital Adequacy, Tier 1 Capital Adequacy, Leverage and Liquidity coverage ratios significantly exceed the minimum regulatory requirements, in full compliance with Basel III.
26-Jun-2015
(Official Notice)
Shareholders of Sasfin are referred to the announcement published on the Stock Exchange News Service of JSE Ltd. on 2 December 2014 in terms of which they were advised of the acquisition by Sasfin of the entire issued share capital of Fintech, subject to certain conditions precedent (?The Transaction?). Shareholders are advised that last condition precedent to The Transaction has now been fulfilled and the process of implementation and integration regarding The Transaction will now commence.
30-Mar-2015
(Official Notice)
Semi-Annual Report in terms of Regulation 43 (1) (e) (ii) of the Banks Act 1990 (as amended). Sasfin and Sasfin Bank Ltd. are required in terms of the requirements of the Banks Act and Basel III, to report on their capital management plan, capital strategy, capital structure, capital adequacy and leverage ratio publicly.



The Group's capital management plan and strategy are fully disclosed in the Group's 2014 Integrated Report and Audited Annual Financial Statements which are available at www.sasfin.com or from the Company Secretary.



The South African economy continues to face significant headwinds exacerbated by the electricity and labour crises as well as the fall in most commodity prices, severely impacting meaningful growth levels required to stimulate the economy.



Sasfin continues to focus on its target market comprising entrepreneurial businesses, institutions, corporate and private clients. Despite the prevailing levels of uncertainty and constrained growth levels in the economy, the Group remains cautiously optimistic about the improved levels of business activity being experienced across all segments.



Sasfin is well poised for sustainable growth and further expansion of its franchise value in its chosen markets. This growth will be aided by the recently launched Transactional Banking service offering, strengthened by a strong capital and liquidity position.



The Sasfin Group remains well capitalised with Total Capital Adequacy, Tier 1 Capital Adequacy and leverage ratios significantly exceeding minimum regulatory requirements.
10-Mar-2015
(Media Comment)
According to Business Day Sasfin indicated that it was looking to scale up its investment banking and start participating in underwriting shares rather than playing an advisory role. This is part of the group's plans to grow earnings in the Sasfin Capital division, the performance of which has been limited because it offers only advice rather than a complete investment banking offering. At the moment, Sasfin Capital is involved in areas such as advising on capital raising, securitisation and structured solutions.
09-Mar-2015
(C)
Total income increased by 13% to R476.1 million (Dec 2013: R420.2 million). Profit for the period rose to R88.0 million (Dec 2013: R77.1 million). Profit attributable to equity holders of the Group increased 15% to R81.1 million (Dec 2013: R70.4 million). Headline earnings per ordinary share grew by 15% to 255 cents per share (Dec 2013: 222 cents per share).



Ordinary dividend

A gross interim ordinary share cash dividend of 75.260 cents (Dec 2013: 65.340 cents) per ordinary share has been declared.



Preference dividend

A gross cash preference dividend number 21 amounting to 383.74 cents per share (326.179 cents per share net of 15% dividend withholding tax) [Dec 2013: 353.51 cents per share (300.483 cents per share net of 15% dividend withholding tax)] for the period 1 July 2014 to 31 December 2014 ha sbeen declared.



Prospects

* Sasfin continues to focus on its target market comprising entrepreneurial businesses, institutions, corporates and private clients. Despite the prevailing levels of uncertainty and constrained growth levels in the economy, the Group remains cautiously optimistic about the improved levels of business activity being experienced across all segments.

* Sasfin is well poised for sustainable growth and further expansion of its franchise value in its chosen markets. This growth will be aided by the recently launched Transactional Banking service offering, strengthened by a strong capital and liquidity position.

* Shareholders' attention is drawn to the Terms Announcement recently published on SENS pertaining to the Group's potential acquisition of Fintech (Pty) Ltd., which is progressing.
02-Dec-2014
(Official Notice)
27-Nov-2014
(Official Notice)
The board of directors of Sasfin hereby advises that at the Annual General Meeting of shareholders held on Thursday, 27 November 2014, the resolutions, as set out in the Notice of Annual General Meeting which was incorporated in the Integrated Annual Report distributed to shareholders on 28 October 2014, were duly approved by the requisite majority of shareholders present (in person or represented by proxy) and voting.



The special resolutions, where appropriate, will be filed with the Companies and Intellectual Property Commission in due course.
28-Oct-2014
(Official Notice)
Shareholders are advised that the Group's Annual Financial Statements for the year ended 30 June 2014 and Integrated Report 2014 will be available on the Group's website (www.sasfin.com) from 28 October 2014. The Group?s Annual Financial Statements for the year ended 30 June 2014 were audited by Sasfin?s auditors, KPMG Inc. and Grant Thornton (Jhb) Inc. Their unqualified audit report is available for inspection at the company?s registered office, 29 Scott Street, Waverley, Johannesburg, 2090. The Group?s Annual Financial Statements for the year ended 30 June 2014 contain no modifications to the reviewed condensed consolidated results for the year ended 30 June 2014 which were released on SENS on 10 September 2014.



Notice of the Annual General Meeting

Notice is hereby given that the Annual General Meeting of Sasfin shareholders will be held at 14:00 on Thursday, 27 November 2014 at 29 Scott Street, Waverley, Johannesburg, 2090 to transact the business as stated in the Notice of Annual General Meeting which was posted to shareholders on 28 October 2014 and available on the Group's website from 28 October 2014, together with the company?s Integrated Report 2014.



Record dates

The Notice of Annual General Meeting was posted to shareholders of the company who were recorded as such in the company's securities register on 17 October 2014. Hard copies will be available at the company's registered office on request to the assistant company secretary at Pieter.bester@sasfin.com The date on which shareholders of the company must be recorded as such in the company's securities register in order to attend and vote at the Annual General Meeting is Friday, 21 November 2014. The last day to trade in order to be entitled to vote at the Annual General Meeting is Friday, 14 November 2014. Proxy Forms must be lodged by no later than 14:00 on Tuesday, 25 November 2014.

15-Oct-2014
(Official Notice)
Sasfin shareholders are advised that the Company has entered into negotiations regarding the potential acquisition of a 100% interest in Fintech (Pty) Ltd., a provider of rental finance ("Acquisition"). If the agreement embodying the terms and conditions of the agreement is signed and the suspensive conditions envisaged therein are successfully fulfilled, it 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.
30-Sep-2014
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel III, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public.



The following table sets out Sasfin Group's quantitative information relating to its Capital and Capital Adequacy levels as at 30 June 2014, and meets the on-going reporting Requirements for a yearly disclosure in terms of Pillar 3 of the Basel III Accord.



The qualitative information regarding the Group's Capital Management Plan and Strategy is fully disclosed in the Group's 2014 Integrated Report and Audited Annual Financial Statements.



This information will be available on the company's website www.sasfin.com on or about 27 October 2014.
10-Sep-2014
(C)
Total income for the year increased by 18% to R888.5 million (2013: R753.8 million). Profit from operations rose to R201.3 million (2013: R170.3 million), while profit attributable to equity holders of the Group was higher by 10% at R150.4 million (2013: R136.2 million). Furthermore, headline earnings per ordinary share strengthened by 15% to 486cps (2013: 421cps).



Ordinary dividend

A final ordinary share cash dividend for the financial year ended 30 June 2014, amounting to 125.77cps (2013: 108cps), has been declared.



Preference dividend

A gross cash preference dividend number 20 amounting to 364.92cps (310.1820cps net of 15% dividend withholding tax) (2013: 347.74cps (295.290cps net of 15% dividend withholding tax)) for the period 1 January 2014 to 30 June 2014, has been declared



Prospects

Sasfin continues to focus on its target market comprising entrepreneurial businesses, institutions, corporates and private clients. Despite the prevailing levels of uncertainty and constrained growth levels in the economy, the Group remains cautiously optimistic about the improved levels of business activity across all its segments.



Sasfin is well poised for sustainable growth and further expansion of its franchise value in its chosen markets. This growth will be aided by the recently launched Transactional Banking service offering, strengthened by a strong capital and liquidity position, and supported by Sasfin's highly interactive service model.



Notice of AGM and posting of integrated report

The annual general meeting of Sasfin will be held at 29 Scott Street, Waverley, Johannesburg, on Thursday, 27 November 2014 at 14:00. The integrated report will be posted to shareholders on or about 24 October 2014. The audited Group Annual Financial Statements will be available on the Company's website on or about 27 October 2014.
23-Jun-2014
(Official Notice)
Mr ETB Blight and Ms DD Mokgatle, who since January 2001 and August 2006 respectively, served as non-executive directors on both the Sasfin Holdings and Sasfin Bank Ltd. boards, have given notice of their intention to resign as non-executive directors of both these boards at the conclusion of the annual general meeting to be held on 27 November 2014.



Ms L de Beer and Ms L Sennelo have been appointed as independent non-executive directors of Sasfin Holdings and Sasfin Bank Ltd., effective 1 July 2014.
12-Mar-2014
(Media Comment)
Business Day reported that financial services company Sasfin said it had R1 billion from its cash reserves that could easily fund more lending activity. This is part of the growth plan, which includes cutting the laziness of its balance sheet by investing in initiatives that can create value for shareholders. The company which has just more than R2 billion in cash, is looking to lift its game in asset finance. Sasfin CEO Roland Sassoon said he was optimistic about growth and confident the loan book could grow better than the 21% achieved in the interim period to end December.
11-Mar-2014
(C)
Total income for the interim period increased by 15% to R420.2 million (R365.5 million). Profit from operations rose to R88.8 million (R88.7 million), while profit attributable to equity holders increased by 10% to R70.4 million (R63.9 million). Headline earnings per ordinary share grew to 222 cents per share (198 cents per share).



Interim ordinary and preference share cash dividend

An interim ordinary share gross cash dividend of 65.34 (60.00) cents per ordinary share for the six month period ended 31 December 2013 was declared. A gross cash dividend amounting to 353.51 (355.65) cents per preference share was declared.



Prospects

Sasfin continues to focus on its target market comprising entrepreneurial businesses and private clients. Based on prevailing market conditions, the Group expects similar levels of business activity in the second half of 2014. Sasfin remains poised for sustainable growth and expansion of its franchise value in its target markets. Sasfin has recently launched a Transactional Banking service offering.



04-Dec-2013
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel III, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public The following table sets out Sasfin Group?s quantitative information relating to its Capital and Capital Adequacy levels as at 30 September 2013, and meets the ongoing reporting requirements for a quarterly disclosure in terms of Pillar 3 of the Basel III Accord. The qualitative information regarding the Group's Capital Management Plan and Strategy is fully disclosed in the Group's 2013 Integrated Annual Report and Audited Annual Financial Statements.
02-Dec-2013
(Official Notice)
Sasfin advised that with effect from 28 November 2013, the following changes have occurred on the board:

*Mr Norman Axten has retired as the Independent Non-Executive Chairman of the Board.

*Mr Roy Andersen, previously an Independent Non-Executive Director, has been appointed Independent Non-Executive Chairman of the Board.
28-Nov-2013
(Official Notice)
Shareholders are advised that all of the ordinary and special resolutions proposed at the AGM of Sasfin held on 28 November 2013, were approved by the requisite number of shareholders.
28-Oct-2013
(Official Notice)
Shareholders were advised that Sasfin's 2013 Integrated Report containing summarised Annual Financial Statements of the company for the year ended 30 June 2013 has been posted on 28 October 2013 and contain no modifications to the audited financial results which were published on SENS on Wednesday, 11 September 2013. A complete set of the Annual Financial Statements will be available on the Company?s website, www.sasfin.com from 28 October 2013.



Notice of the annual general meeting

Notice is hereby given that the 26th annual general meeting of Sasfin shareholders will be held at 14:00 on Thursday, 28 November 2013 at 29 Scott Street, Waverley, Johannesburg to transact the business as stated in the notice of annual general meeting.



Record dates

The notice of annual general meeting will be posted to shareholders of the company who were recorded as such in the company's securities register on Friday, 18 October 2013.



The date on which shareholders of the company must be recorded as such in the company's securities register in order to attend and vote at the annual general meeting is Friday, 22 November 2013. The last day to trade in order to be entitled to vote at the annual general meeting is Friday, 15 November 2013. Proxy Forms must be lodged by no later than 14:00 on Tuesday, 26 November 2013.
09-Oct-2013
(Official Notice)
The board of Sasfin advise that with effect from 9 October 2013, the following executives have been appointed as alternate executive directors of the Company and its subsidiary, Sasfin Bank Limited:

*Linda Fr?hlich (General Manager, Business Banking)(44) Linda holds a Diploma in Financial Management from Damelin. She is responsible for all Business Banking activities, which encompass equipment rental finance and business finance.

*Maston Lane (Group Chief Operating Officer)(47) Maston holds a National Certificate from the United Institute of Credit Management. He is the executive responsible for credit management, risk management, IT, human resources and facilities management within the Group

*Michael Sassoon(Chief Executive Officer of Sasfin Securities (Pty) Limited and Head of Wealth Management)(31) Michael holds a BCom (Accounting Science) degree from the University of South Africa and an MBA from University of Rochester, United States of America. He is responsible for the Group?s wealth Management division.
27-Sep-2013
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel III, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The comprehensive annual report in terms of Regulation 43 (1) (e) (ii) of the Banks Act 1990 (as amended) is fully disclosed on the group's website: www.sasfin.com.



The qualitative information regarding the group's Capital Management Plan and Strategy is fully disclosed in the group's 2013 Integrated Report and Audited Annual Financial Statements. This information is available on the website: www.sasfin.com.
11-Sep-2013
(C)
Total income rose to R753.8 million (R650.3 million) and profit from operations increased to R170.3 million (R159.1 million). Profit attributable to equity holders climbed 19% to R136.2 million (R114.4 million). In addition, headline earnings per share jumped 22% to 421 cents per share (344 cents per share).



Preference share cash dividend

Notice was given that the directors have declared a gross cash preference dividend number 18 amounting to 347.74320 cents per share.



Final ordinary share cash dividend

Notice was given that a final ordinary share cash dividend for the financial year ended 30 June 2013, amounting to 108 cents per share (88 cents per share), has been declared.



Notice of Annual General Meeting and posting of Integrated Annual Report

The annual general meeting of Sasfin will be held at 29 Scott Street, Waverley, Johannesburg, on Thursday, 28 November 2013 at 14:00. The integrated report will be posted to shareholders on or about 28 October 2013. The audited Group Annual Financial Statements will be available on the company's website on or about 28 October 2013.



Prospects

*Sasfin is well positioned to grow its franchise value and enhance its value proposition to its target markets of entrepreneurial, private, business, corporate and institutional clients.

*Despite the prevailing levels of uncertainty and constrained growth in the economy, the group expects to see improved levels of business activity across all segments based on current market conditions.

*Sasfin's growth trajectory is indeed sustainable on the back of its strong infrastructure and capital position, improved liquidity, diversified funding base and high-touch banking and financial services model.
10-Sep-2013
(Official Notice)
Shareholders were advised that Mr Norman Axten will be retiring as independent non-executive chairman and director of the group and its subsidiary, Sasfin Bank Ltd., with effect from 28 November 2013, the date of its annual general meeting.



Shareholders are also advised that Mr Roy Andersen, an independent non-executive director, has been appointed as chairman of the group and its subsidiary, Sasfin Bank Ltd., with effect from 28 November 2013.
08-Aug-2013
(Official Notice)
Shareholders are advised that the group's earnings per ordinary share and headline earnings per ordinary share for the year ended 30 June 2013 are expected to be between 15% to 25% higher when compared with the previous corresponding period in 2012. The group's results for the year ended 30 June 2013 will be published on or about 11 September 2013.
25-Mar-2013
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel 2.5, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The qualitative information regarding the Group's Capital Management Plan and Strategy is fully disclosed in the Group's 2012 Integrated Annual Report and Audited Annual Financial Statements, as well as in the results for the six months ended 31 December 2012. This information is available on the website: www.sasfin.com.



The banking sector, whilst resilient, was subdued with the demand for credit being mixed in most areas, and continues to be faced with rapidly escalating regulation and increasing costs of compliance. The Group maintains comfortable levels of capital. As at 31 December 2012, its statutory risk- weighted capital adequacy ratio was 29% (2011: 29%)and that of the Bank 24% (2011: 25%), which are well above the prescribed regulatory requirements and the Group's internal targets. The Group has a very solid Common Equity Tier I ratio of 26% which is the main measure of capital strength per Basel III. The Group is favourably positioned to meet the stringent new Basel III requirements both at liquidity and capital levels, well ahead of their respective implementation dates.
11-Mar-2013
(C)
Total income for the interim period jumped by 22% to R365.5 million (2011: R300.4 million). Profit from operations rose to R88.7 million (2011: R70.2 million), while profit attributable to equity holders of the group increased by 22% to R63.9 million (2011: R52.4 million). Furthermore, headline earnings per ordinary share grew to 198 cents per share (2011: 163 cents per share).



Interim ordinary share cash dividend

An interim ordinary share gross cash dividend of 60 cents (2011: 49 cents) per ordinary share for the six month period ended 31 December 2012 has been declared.



Preference share cash dividend

The directors have declared a gross cash dividend number 17 amounting to 355.6529 cents (302.3050 cents per share net of 15% dividend withholding tax), (2011: 340.27 cents) per preference share for the period 1 July 2012 to 31 December 2012.



Prospects

Sasfin continues to focus on its target market comprising the entrepreneurial corporate, commercial and private client base, and based on prevailing market conditions, the Group expects the current levels of business activities to continue in the second half of the financial year. Sasfin is poised for sustainable growth and expansion of its franchise value in its chosen markets, following the significant strategic initiatives and investments made in prior years. Basis of preparation and presentation of the condensed interim consolidated financial statements.



The condensed unaudited interim consolidated financial statements have been prepared in accordance with IAS 34 "Interim Financial Reporting" and the requirements of the Companies Act of South Africa and in compliance with the JSE Listings Requirements and the accounting policies applied conform to International Financial Reporting Standards and the SAICA Financial Reporting Guides. The same accounting policies and methods of computation are followed in the interim financial statements as compared to the 2012 annual financial statements. There are no material events subsequent to the end of the interim period.
24-Jan-2013
(Official Notice)
Shareholders were advised that the group expects earnings and headline earnings for the six months ended 31 December 2012 to be between 15% to 25% higher when compared with the previous corresponding period in 2011.



The group's results for the six months ended 31 December 2012 will be published on or about 11 March 2013.
04-Dec-2012
(Official Notice)
Sasfin's quantitative information relating to its Capital and Capital Adequacy levels as at 30 September 2012 meet the ongoing reporting requirements for a quarterly disclosure in terms of Pillar 3 of the Basel 2.5 Accord. The qualitative information regarding the group's Capital Management Plan and Strategy is fully disclosed in the group's 2012 Integrated Annual Report and Audited Annual Financial Statements.



This report is available for download from www.sasfin.com.
30-Nov-2012
(Official Notice)
Shareholders were advised that all of the ordinary and special resolutions proposed at the AGM of Sasfin held on Monday, 26 November 2012, were approved by the requisite number of shareholders. The special resolutions, where applicable, will be filed with the Companies and Intellectual Property Commission in due course.
29-Oct-2012
(Official Notice)
Shareholders are advised that Sasfin's integrated annual report 2012 was posted on Friday, 26 October 2012 and contain no modifications to the audited financial results which were published on SENS on Monday, 10 September 2012.



Notice of the annual general meeting

Notice is given that the 25th annual general meeting of Sasfin shareholders will be held at 14:00 on Monday, 26 November 2012 at 29 Scott Street, Waverley, Johannesburg to transact the business as stated in the notice of annual general meeting.
02-Oct-2012
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel 2.5, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public.



The following sets out Sasfin Group's quantitative information relating to its Capital and Capital Adequacy levels as at 30 June 2012, and meets the ongoing reporting requirements for a quarterly disclosure in terms of Pillar 3 of the Basel 2.5 Accord. The qualitative information regarding the Group's Capital Management Plan and Strategy is fully disclosed in the Group's 2012 Integrated Annual Report and Audited Annual Financial Statements.



This report is available for download from www.sasfin.com.



Despite the volatile events in the global banking industry of late, the local banking sector remained stable showing signs of recovery and a return of credit appetite in certain areas. The on-going changing regulatory environment has impacted growth opportunities and significantly increased costs of compliance.Sasfin is well positioned to grow its franchise, focusing on the entrepreneurial market and private client base. Sasfin's growth trajectory is indeed sustainable on the back of its strong capital position, significant liquidity levels and diversified funding and activity base.
10-Sep-2012
(C)
Interest income increased to R434 million (R359.3 million). Profit from operations rose to R159.1 million (R121.8 million). Net attributable profit improved to R114.4 million (R98 million). In addition, headline earnings per ordinary share were up 16% to 344c (297cps).



Dividends

An ordinary final dividend of 88cps has been declared. In addition, preference share dividend of 351.55cps was also declared.



Annual general meeting and annual report

The annual general meeting of Sasfin will be held at 29 Scott Street, Waverley, Johannesburg, on Monday, 26 November 2012 at 14h00. The integrated annual report, incorporating the annual financial statements, will be posted to shareholders on or about 26 October 2012.



Outlook

*Sasfin is well positioned to grow its franchise, focusing on the entrepreneurial market and private client base.

*Despite the prevailing level of global economic uncertainty, the group expects to see improved levels of business activity across all segments.

*Sasfin's growth trajectory is indeed sustainable on the back of its strong capital position, improved liquidity levels and diversified funding and activity base.
17-Aug-2012
(Official Notice)
31-Jul-2012
(Official Notice)
Sasfin shareholders were advised that Sasfin Bank Ltd. (''Sasfin Bank''), a wholly owned subsidiary of Sasfin has secured a term loan facility with International Finance Corporation, a member of the World Bank Group (''IFC''), and the Canadian Government's Climate Change Program (''CCCP'').



Terms and conditions of the loan

The loan facility is a senior unsecured 7 year term loan at favourable rates and is repayable on an amortising basis. The size of the loan is broken down as follows:

- IFC: ZAR 65,219,000

- CCCP: USD 2,300,000



The facility is to be used for the financing of:

- Energy Efficiency (''EE'') projects whereby a 20% improvement in energy efficiency is obtained;

- Renewable Energy (''RE'') projects;

primarily in the small medium enterprise (''SME'') sector.



Rationale

The transaction will support expanded lending by Sasfin for renewable energy and energy efficiency projects boosting efficient use of energy resources and reduction of greenhouse gas emissions. Sasfin is a specialist banking and financial services group that focuses on entrepreneurial corporate, commercial SME, and private clients.



This new funding line is now available to assist its SME clients to become more energy efficient in their processes. In the past the focus of driving down energy costs has been more vigorously pursued by the larger corporates, the major industrials and the mines. Energy efficiency and the tangible savings that can flow from these interventions however affect all businesses, both large and small.



The aim of this facility is to promote achieving energy saving in the SME sector which includes the businesses of small manufacturers, entrepreneurs, retailers, and property owners which can significantly impact the overall energy efficiency in our economy.
23-Mar-2012
(Official Notice)
Shareholders are advised that Malcolm Segal has resigned as a non-executive director of the company, effective 22 March 2012.
19-Mar-2012
(Official Notice)
Shareholders are advised that Sasfin has entered into an agreement with G C Taylor, E D Farber and P J Steyn ("the sellers") for the acquisition by Sasfin of an aggregate of 31.58% of the seller's shareholding in Premier, a 68,42% subsidiary of Sasfin, for a total purchase consideration of R20.529 million in cash ("the acquisition"). Post the acquisition Premier will be a wholly owned subsidiary of Sasfin.



Nature of Premier business

Premier is a multi model freight forwarding concern offering:

*logistical solutions to the fields of international freight forwarding, both by air or sea;

*customs clearance;

*domestic deliveries; and

*warehousing distribution solutions.



Rationale for the acquisition

The acquisition is part of the group's strategy to grow - expand this service offering into a broader commercial solutions business.



Effective date

The effective date of the transaction is 14 March 2012.



Conditions precedent

There are no outstanding conditions precedent to the transaction.



Pro forma financial effects of the acquisition

The pro forma financial effects of the acquisition on Sasfin's earnings per share, headline earnings per share, net asset value and net tangible asset value per share for the interim period ended 31 December 2011 are not significant (i.e. are less than 3%), and are therefore not required to be disclosed.



Small related party transaction

The shareholding in Premier has been acquired from the sellers, who are directors of Premier and therefore are related parties to Sasfin. Pursuant to discharging its obligation in terms of the Listing Requirements of the JSE Sasfin has engaged BDO Corporate Finance to provide written confirmation as an independent professional expert that the acquisition is fair to Sasfin shareholders. BDO Corporate Finance has confirmed that the acquisition is fair and its fairness opinion is available for inspection at Sasfin's registered offices until 17 April 2012.
07-Mar-2012
(C)
Total income increased to R300.4 million (2010: R273.1 million) for the interim period ended 31 December 2011. Profit from operations increased to R70.2 million (2010: R67.8 million). Profit attributable to ordinary shareholders decreased slightly R52.4 million (2010: R52.5 million). In addition, headline earnings on a per share basis remained stable at 163cps (2010: 163cps).



Dividend

An interim ordinary share dividend of 49 cents per ordinary share was declared. A preference dividend amounting to 340.27 cents per preference share was declared for the six months ended 31 December 2011.



Outlook

Sasfin is well positioned as a banking and financial services group focusing on the entrepreneurial market, and based on prevailing market conditions, the group expects to see improved levels of business activity in the second half of the financial year. Sasfin is poised for future growth in its target markets, following the significant strategic initiatives and investments made in prior years, and its strong brand equity.
17-Feb-2012
(Official Notice)
Preference shareholders are referred to the announcement dated 23 March 2007 wherein the proposed amendments to the Income Tax Act in respect of the treatment of dividends on preference shares was highlighted. The amendments pertain to the phasing out of secondary tax on companies and the introduction of witholding tax on all company distributions received by a shareholder, including dividends received in respect of preference shares.



Holders of Sasfin preference shares are advised that the company's existing MOI allows the company to gross up the preference share dividend in accordance with the above amendments in tax legislation and that a resolution to give effect to the change was passed by the requisite number of shareholders at the AGM of Sasfin on 24 November 2011.
02-Feb-2012
(Official Notice)
05-Dec-2011
(Official Notice)
Shareholders were referred to the announcements dated 19 September 2011 and 15 November 2011 and to the circular dated 19 October 2011 regarding a mandatory offer ("the offer") by Sasfin ("the offeror") to minority shareholders in IQuad Group Ltd ("IQuad"). Shareholders are advised that the offer, which closed at 12:00 on Friday, 2 December 2011, was accepted in respect of 5 062 095 IQuad shares, comprising 32% of the total number of minority shares in IQuad which were the subject of the offer.



Accordingly, together with the 12 042 344 ordinary shares (42.9%) purchased by Sasfin and 2 290 000 IQuad ordinary shares(8.2%) purchased from Thembeka Capital Ltd in terms of the option agreement as detailed in the above-mentioned circular, and the 5 062 095 offer shares, Sasfin has now acquired a 69% shareholding in IQuad.
24-Nov-2011
(Official Notice)
Shareholders are advised that all of the ordinary and special resolutions proposed at the AGM of Sasfin held today, 24 November 2011, were approved by the requisite number of shareholders. The special resolutions, where applicable, will be filed with the Companies and Intellectual Property Commission in due course.
15-Nov-2011
(Official Notice)
IQuad shareholders ("shareholders") are referred to the joint announcement of a disposal and acquisition of securities and mandatory offer by Sasfin ("Sasfin offer"), published on SENS on 19 September 2011. Shareholders were advised that all the conditions precedent to the offer, being the approval of the Registrar of Banks and the Competition Authorities have been fulfilled.



Salient dates

* Finalisation date : Tuesday, 15 November 2011

* Last day to trade in IQuad shares : Friday, 25 November 2011

* Shares trade "ex" the mandatory offer : Monday, 28 November 2011

* Record date : Friday, 2 December 2011

* Mandatory offer closes at 12:00 on Friday, 2 December 2011

* Result of mandatory offer to be published on SENS on Monday, 5 December 2011.
26-Oct-2011
(Official Notice)
Shareholders were advised that the annual financial statements of the company for the year ended 30 June 2011 were posted on Wednesday, 26 October 2011 and contain no modifications to the audited financial results which were published on SENS on Wednesday, 14 September 2011.



Notice of annual general meeting

Notice was given that the annual general meeting of the company will be held at Sasfin, 29 Scott Street, Waverley, Johannesburg on Thursday, 24 November 2011 at 14h00.
20-Oct-2011
(Official Notice)
Shareholders are advised that at the general meeting of Sasfin held today, 20 October 2011, the special resolution in terms of Section 45 of the Companies Act of 2008, as amended was passed by the requisite majority of shareholders. The ordinary resolution for any director to implement the resolution was passed by the requisite majority of shareholders.
19-Oct-2011
(Official Notice)
IQuad Group Ltd ("IQuad") shareholders were referred to the joint announcement of a disposal and acquisition of securities and mandatory offer by Sasfin ("Sasfin offer"), published on SENS on 12 September 2011, in terms of section 123 of the Companies Act No 71 of 2008, as amended ("Companies Act"). Shareholders are hereby advised that a circular containing details of the Sasfin offer has been posted to shareholders on Wednesday, 19 October 2011. Shareholders are advised that the completion of the Sasfin offer is subject to the fulfillment of certain conditions precedent set forth in the circular.



Important dates and times

The important dates and times relating to the Sasfin offer ("timetable") are set out below. Words and expressions in the timetable and notes thereto shall have the same meanings as assigned to them in the circular.

*Mandatory offer document posted to IQuad minorities on Wednesday, 19 October 2011

*Mandatory offer opens at 09:00 on Thursday, 20 October 2011



If all conditions are fulfilled:

*Announcement that mandatory offer is unconditional to be published on SENS on Wednesday, 21 December 2011

*Finalisation date -- Thursday, 29 December 2011

*Last day to trade in IQuad shares -- Friday, 6 January 2012

*Shares trade "ex" the mandatory offer -- Monday, 9 January 2012

*Mandatory offer closes at 12:00 on Friday, 13 January 2012

*Result of mandatory offer to be published on SENS on Monday, 16 January 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 on Monday, 16 January 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) on Monday, 16 January 2012

*Results of the mandatory offer to be published in the press on Tuesday, 17 January 2012
21-Sep-2011
(Official Notice)
Shareholders were advised that a circular relating to the granting by Sasfin of financial assistance to companies within the group in terms of Section 45 of the Companies Act 2008 as amended has been posted to shareholders on Wednesday, 21 September 2011. The important dates and times are as follows:

*Last day to trade to be eligible participate in and to vote at the general meeting on Friday, 7 October 2011

*Record date to be eligible to vote on Friday, 14 October 2011

*Forms of proxy to be lodged by 10:00 on Tuesday, 18 October 2011

*General meeting of Sasfin to be held at 10:00 on Thursday, 20 October 2011



Results of general meeting announced on SENS on Thursday, 20 October 2011 A copy of the circular is also available on the company's website www.sasfin.com.
19-Sep-2011
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The following table sets out the Sasfin Group`s quantitative information relating to its Capital and Capital Adequacy levels as at 30 June 2011, and meets the ongoing reporting requirements for its annual disclosure in terms of Pillar 3 of the Basel II Accord. The qualitative information regarding the Group`s Capital Management Plan and Strategy is fully disclosed in the Group`s 2011 Annual Report and Audited Annual Financial Statements. This report is available for download from www.sasfin.com
14-Sep-2011
(C)
Net interest income for the year ended 30 June 2011 increased by 6% to R190.6 million (2010: R179.6 million), but profit from operations weakened to R121.8 million (2010: R161.8 million), and profit attributable to equity holders of the parent fell to R98 million (2010: R119.6 million). Furthermore, headline earnings per ordinary share decreased by 16% to 297cps (2010: 355cps).



Final ordinary share cash dividend

A final ordinary share cash dividend for the financial year ended 30 June 2011, amounting to 69cps (2010: 87cps) has been declared.



Preference share cash dividend

Preference cash dividend number 14 amounting to 334.73cpps (2010: 380.55cpps) has been declared.



Prospects

* Sasfin is well positioned to grow its franchise, focusing on the entrepreneurial market and private client base.

* Despite the prevailing level of global economic uncertainty, the Group expects to see improved levels of business activity across all segments.

* Sasfin's growth trajectory is indeed sustainable on the back of its strong capital position, improved liquidity levels and diversified funding and activity base.
12-Sep-2011
(Official Notice)
26-Aug-2011
(Official Notice)
In terms of paragraph 3.59 of the JSE Limited's Listings Requirements, the board of Sasfin is pleased to advise that Mr Howard Brown has been appointed as company secretary to the Group with immediate effect following the resignation of Mrs Hannetjie Boshoff as company secretary due to an extended period of illness.
02-Aug-2011
(Official Notice)
Shareholders are advised that Mr Malcolm Segal will be retiring as an executive director of the company and Sasfin Bank Ltd with effect from 31 October 2011. Malcolm will, however, remain on the boards of the company and Sasfin Bank Ltd as a non-executive director, where he will continue to fulfil a non- executive advisory role to various investee companies in Sasfin's private equity portfolios.
14-Jun-2011
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The table sets out the Sasfin Group's quantitative information relating to its Capital and Capital Adequacy levels as at 31 March 2011, and meets the ongoing reporting requirements for its quarterly disclosure in terms of Pillar 3 of the Basel II Accord. The qualitative information regarding the Group's Capital Management Plan and Strategy is fully disclosed in the Group`s 2010 Annual Report and Audited Annual Financial Statements and the Capital Adequacy - Annual Report. This report is available for download from www.sasfin.com
02-Mar-2011
(C)
Total income increased to R316.5 million (2009: R310.3 million) for the interim period ended 31 December 2010. Profit from operations decreased to R67.8million (2009: R70.8 million). Profit attributable to ordinary shareholders rose to R52.5 million (2009: R47.5 million). In addition, headline earnings on a per share basis decreased marginally to 163cps (2009: 164 cps).



Dividend

An interim ordinary share dividend of 49 cents per ordinary share was declared. A preference dividend amounting to 362.05 cents per preference share was declared for the six months ended 31 December 2010.



Prospects

Sasfin is well positioned as a banking and financial services provider focusing on the entrepreneurial market, and the Group expects to continue at current levels of performance into the second half of the financial year. Sasfin is poised for future growth in its target markets, following the significant strategic initiatives and investments made in prior years, and its strong brand equity.
15-Feb-2011
(Official Notice)
The board of Sasfin advised that Mr Roy Andersen has been appointed as a non- executive director of the company and its subsidiary, Sasfin Bank Ltd with effect from 14 February 2011. Shareholders are advised that Mr Marius Smith, will be retiring as non-executive director of the group, including its subsidiary, Sasfin Bank Ltd with effect from 31 March 2011.
21 Dec 2010 14:49:22
(Official Notice)
In terms of paragraph 3.59 of the JSE Limited`s Listings Requirements, the board of Sasfin advise that Mr John Moses has been appointed as a non- executive director of the company and its subsidiary, Sasfin Bank Ltd with effect from 21 December 2010. Additionally, the company has appointed Ms Hannetjie Boshoff as company secretary to the group with effect from 03 January 2011. Natasha Remba will step down as Acting Company Secretary from 03 January 2011.



30 Nov 2010 13:32:07
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The qualitative information regarding the group's capital management plan and strategy is fully disclosed in the group's 2010 annual report and audited annual financial statements. This report is also available for download from: www.sasfin.com.
26 Nov 2010 11:01:21
(Official Notice)
Shareholders are advised that Norman Axten has been appointed as non-executive chairman of the group with effect from 26 November 2010. Norman Axten thus replaces Martin Glatt who has retired with effect from 26 November 2010 as announced on 3 September 2010.
25 Nov 2010 18:01:00
(Official Notice)
Shareholders are advised that all of the ordinary resolutions and the special resolutions proposed at the AGM of Sasfin held on Thursday, 25 November 2010, were approved unanimously by the requisite majority of shareholders. The special resolutions will be lodged with the Registrar of Companies and Intellectual Property Registration Office, for registration in due course.
02 Nov 2010 16:05:58
(Official Notice)
Shareholders were advised that the annual financial statements of the company for the year ended 30 June 2010 were posted on Tuesday, 2 November 2010 and contain no modifications to the audited financial results which were published on SENS on Wednesday, 8 September 2010.



Notice of annual general meeting

Notice was given that the annual general meeting of the company will be held at Sasfin, 29 Scott Street, Waverley, Johannesburg on Thursday, 25 November 2010 at 14h00.
05 Oct 2010 10:03:48
(Official Notice)
Shareholders were advised that Mr Tyrone Soondarjee has been appointed an executive director of the company and its subsidiary, Sasfin Bank Ltd (jointly "the group") and has assumed the role of financial director of the group with effect from 1 October 2010. Mr Malcolm Segal has relinquished his duties as financial director and will continue as an executive director of the group from the same date.
04 Oct 2010 17:50:37
(Official Notice)
The South African economy has reflected moderate growth and recovery during this calendar year, and the recovery process is expected to remain gradual. Sasfin remains focused in its niche target markets and is well capitalised to meet the increased business levels as the economy improves.
08 Sep 2010 11:03:29
(C)
Net interest income increased by 13% to R180 million (June 2009: R160 million). Profit from operations decreased to R162 million (June 2009: R213 million), while profit attributable to ordinary shareholders declined by 24% to R120 million (June 2009: R157 million). Headline earnings per ordinary share decreased to 355cps (June 2009: 560cps).



Preference share dividend

Notice is hereby given that preference dividend number 12 amounting to 380.55 cents (June 2009: 488.12 cents) per preference share has been declared for the period 1 January 2010 to 30 June 2010.



Final ordinary share dividend

Notice is hereby given that a final ordinary share dividend amounting to 87cps (June 2009: 149cps) has been declared for the period 1 January 2010 to 30 June 2010.



Notice of annual general meeting and posting of annual report

The annual general meeting of Sasfin will be held at 29 Scott Street, Waverley, Johannesburg, on Thursday, 25 November 2010 at 14h00. The annual report will be posted to shareholders on or about 26 October 2010.



Prospects

Sasfin is well positioned as a banking and financial services provider focusing on the entrepreneurial market. Notwithstanding the uncertain economic recovery, the group expects to see improved levels of business activity and performance. Sasfin is poised for future growth with its strong capital position, improved liquidity levels and investment in talent and systems.

03 Sep 2010 13:06:08
(Official Notice)
Shareholders are advised that Mr Martin Glatt, will be retiring as non-executive chairman and director of the group, including its subsidiary, Sasfin Bank Ltd with effect from 26 November 2010. Shareholders will be advised of the appointment of the new Chairman in due course.
25 Aug 2010 15:04:21
(Official Notice)
The board of directors of Sasfin announced the untimely passing away of the group company secretary, Stanley Jackson, on 23 August 2010. Stanley had retired and was scheduled to leave the group with effect from 31 August 2010. The group extends its deepest sympathy and sincere condolences to his family. Shareholders were further advised that Natasha Remba had been appointed as acting group company secretary with immediate effect.
30 Jul 2010 11:51:26
(Official Notice)
Following several weeks of exploration, shareholders are advised that Mercantile Bank Holdings Ltd ("Mercantile") and Sasfin have agreed to terminate discussions regarding a proposed merger. Accordingly, Sasfin shareholders are no longer required to exercise caution when dealing in their Sasfin shares. Mercantile will now resume their BEE discussions and Mercantile shareholders are accordingly required to continue to exercise caution when dealing in their Mercantile shares until a further announcement is made in this regard.
08 Jul 2010 10:51:04
(Official Notice)
Further to the cautionary announcement dated 26 May 2010, Sasfin shareholders were advised that merger negotiations are still in progress which, if successfully concluded may have a material effect on the price at which the shares of Sasfin trade. Accordingly, shareholders were advised to continue to exercise caution when dealing in their Sasfin shares until a detailed announcement was made.
07 Jul 2010 10:49:28
(Official Notice)
Shareholders are advised that the group expects that headline earnings for the twelve months ended 30 June 2010 will be between 20% to 40% lower when compared with the previous corresponding period in 2009, primarily driven by lower business volumes, increased credit impairments and lower private equity investment gains due to the deterioration in economic conditions, as well as increased overheads incurred in infrastructural development in anticipation of increased activity and regulation. Earnings per share and headline earnings per share for the twelve months ended 30 June 2010 are expected to be between 25% and 45% lower when compared to the previously reported corresponding period, due to the dilutory effect of the group's increased capital base. The company's results for the twelve months ended 30 June 2010 will be published on or about 7 September 2010.
23 Jun 2010 16:42:41
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The qualitative information regarding the group's Capital Management Plan and Strategy is fully disclosed in the group's 2009 Annual Report and Audited Annual Financial Statements; and the Capital Adequacy - Semi-annual Report. This report is available for download from www.sasfin.com .
17 Jun 2010 16:49:55
(Official Notice)
Sasfin Corporate Finance announce that Sasfin Bank Ltd ("Sasfin Bank"), a subsidiary of Sasfin, has concluded an agreement with the shareholders of Capital Hill Corporate Finance (Pty) Ltd ("Capital Hill") in terms of which Sasfin Bank has acquired the entire issued share capital of Capital Hill ("the transaction").



Sasfin Corporate Finance, a division of Sasfin Bank, has historically provided the full suite of corporate advisory services but with a particular focus on the provision of sponsor services. It currently has a sponsor client base of approximately 25 JSE Ltd ("JSE") listed companies and has ranked in the top three for the past two consecutive years in the dealmakers awards in its relevant category. Capital Hill is an independent corporate finance boutique and accredited sponsor with the JSE that has previously focused on the provision of merger and acquisition advisory services, including restructurings and disposals, equity and debt capital markets and Black Economic Empowerment transactions. In the five years since its inception, Capital Hill has developed strong relationships across a broad range of sectors, including resources, cement and construction, and is renowned for its exceptional client commitment levels and for providing innovative advice and solutions.



The transaction combines Sasfin Corporate Finance's distinguished regulatory and technical competencies with Capital Hill's strong deal origination and execution capabilities creating an ideal platform to provide a powerful, integrated and comprehensive corporate finance offering. In addition, the leverage provided by Sasfin's broader financial services offering and the ability to access the Eastern capital markets through Sasfin Asia's presence and networks further strengthens Sasfin Corporate Finance's service offering.



Effective date

The effective date of the transaction was 1 April 2010.



Conditions precedent

Following the receipt of South African Reserve Bank approval on 10 June 2010, all conditions precedent to the transaction have been fulfilled.
26 May 2010 15:47:56
(Official Notice)
Shareholders are advised that Sasfin and Mercantile have signed a non-binding memorandum of understanding to enable them to explore the possibility of concluding a proposed merger ("the proposed transaction"). If successfully concluded, the proposed transaction would result in Caixa Geral de Depositos S.A., the state owned Portuguese company which is the controlling shareholder of Mercantile, becoming the controlling shareholder in the merged entity. The proposed transaction may have a material effect on the price at which the shares of both Mercantile and Sasfin trade. Accordingly, shareholders are advised to exercise caution when dealing in their Mercantile and Sasfin shares until a detailed announcement is made.
20 May 2010 15:37:57
(Official Notice)
Shareholders are advised that Sasfin has entered into an agreement with Innovent SPV1 (Pty) Ltd ("Innovent") for the acquisition by the company of Innovent's 4% shareholding in the total issued share capital of Bank and SFS, for a purchase consideration of 1 076 664 ordinary shares in the issued share capital of the company ("the acquisition"). Post the acquisition Sasfin will own 100% of Bank and SFS. Sasfin remains a diversified financial services provider.



Effective date

The effective date of the transaction was 1 January 2010.



Conditions precedent

There are no outstanding conditions precedent to the acquisition.



Small related party transaction

Sasfin and Innovent have common directors, Roland Sassoon and Shahied Rylands and are therefore related parties in terms of the JSE Ltd ("JSE") Listings Requirements. This acquisition is therefore classified as a small related party transaction in relation to Sasfin. The JSE Listings Requirements require written confirmation from an Independent professional expert that the acquisition is fair to Sasfin shareholders. Moore Stephens Corporate Finance has confirmed that the acquisition is fair to Sasfin shareholders and their fairness opinion is available for inspection at Sasfin's registered offices until 30 June 2010. Application has been made to the JSE for the listing of 1 076 664 ordinary shares of R0.01 each in the share capital of the company from Thursday, 27 May 2010.
13 Apr 2010 16:01:43
(Official Notice)
The semi-annual disclosure for Sasfin and Sasfin Bank Ltd and its subsidiaries, based on information at 31 December 2009, has been published on 13 April 2010 on the Sasfin website, http://www.sasfin.co.za.
03 Mar 2010 10:46:20
(C)
Total income increased to R310 312 million (2008: R303 766 million) for the interim period ended 31 December 2009. Profits from operations decreased to R70 840 million (2008: R99 557 million). Profit attributable to ordinary shareholders fell to R47 530 million (2008: R65 374 million). In addition, headline earnings on a per share basis decreased to 164 cps (2008: 239 cps).



Dividend

An interim ordinary share dividend of 46 cents (2008: 71 cents) per ordinary share was declared. A preference dividend amounting to 401.51 cents (2008: 584.28 cents) per preference share was declared for the six months ended 31 December 2009.



Prospects

Sasfin is well positioned as a banking and financial services provider focusing on the entrepreneurial market. Notwithstanding the uncertainty and difficult economic conditions, the group expects to continue at current levels of performance into the second half of the financial year. Sasfin is poised for future growth with its strong capital position, improved liquidity levels and investment in talent and systems.
26 Feb 2010 11:47:28
(Official Notice)
Shareholders are advised that Mr Grant Craig Dunnington was appointed a non-executive director of the company and its subsidiary, Sasfin Bank Ltd, on 25 February 2010.
23 Dec 2009 09:28:16
(Official Notice)
Shareholders are advised that the group expects that headline earnings for the six months ending 31 December 2009 will be between 20% to 40% lower when compared with the previous corresponding period in 2008, primarily driven by lower business volumes, increased credit impairments and lower private equity investment gains due to the deterioration in economic conditions, as well as increased overheads incurred in infrastructural development in anticipation of increased activity and regulation. Earnings per share and headline earnings per share for the six months ending 31 December 2009 are expected to be between 25% and 45% lower when compared to the previously reported corresponding period, due to the dilutory effect of the group's increased capital base following the capital injection by the International Financial Corporation as announced on 5 October 2009. The company's results for the six months ending 31 December 2009 will be published on or about 5 March 2010.
18 Dec 2009 13:21:26
(Official Notice)
Details of the transaction

Shareholders are advised that Sasfin has entered into an agreement with A D Webb ("Webb") for the acquisition by Sasfin of 5.26% of Webb's shareholding in Premier, a 63,16% subsidiary of Sasfin, for a purchase consideration of R3,419 million ("the acquisition"). Post the acquisition Sasfin will own 68,42% of Premier.



Effective date

The effective date of the transaction is 1 October 2009.



Conditions precedent

There are no outstanding conditions precedent to the transaction.



Pro forma financial effects of the acquisition

The pro forma financial effects of the acquisition on Sasfin's earnings per share, headline earnings per share, net asset value and net tangible asset value per share for the year ended 30 June 2009 are not significant (i.e. are less than 3%), and are therefore not required to be disclosed.



Small related party transaction

The shareholding in Premier has been acquired from Webb, who is a director of Premier and therefore a related party to Sasfin. The lsting requirements of the JSE require written confirmation from an Independent professional expert that the acquisition is fair to Sasfin shareholders. Moore Stephens Corporate Finance has confirmed that the acquisition is fair and their fairness opinion is available for inspection at Sasfin's registered offices until 31 January 2010.
09 Dec 2009 12:08:44
(Official Notice)
Depressed market conditions continued to influence economic activities and has resulted in a slowdown in the economy and a contraction in the banking environment generally. The credit and investment arenas remains challenging with increased levels of credit stress being experienced in most sectors of the economy. During the quarter, Sasfin Bank Ltd obtained a subordinated term loan of R82.45 million from the IFC, which qualifies as tier II capital. The group continues to focus on maintaining a strong capital position and comfortable liquidity levels in these difficult market conditions.
03 Dec 2009 15:34:44
(Official Notice)
Shareholders are advised that all the ordinary resolutions proposed at the AGM of Sasfin held on Thursday, 3 December 2009, were passed by the requisite majority of shareholders.
11 Nov 2009 13:15:57
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The qualitative information regarding the group's capital management plan and strategy is fully disclosed in the group's 2009 annual report and audited annual financial statements. This report is also available on its website: www.sasfin.com.



Current market conditions and the slowing economy continues to influence levels of capital in maintaining a healthy balance between risk appetite and risk profile. The credit environment remains challenging with credit demands being soft, whilst credit defaults are on the increase. As expected, the group is experiencing an increase in credit impairments in line with the general trends in the banking industry. The difficult domestic economy, heightened by the market volatility is bound to impact earnings in all sectors. Sasfin remains well capitalised with a stable balance sheet, and continues to focus on maintaining prudent capital and liquidity levels.
23 Oct 2009 12:03:14
(Official Notice)
Shareholders are advised that the AFS of the company for the year ended 30 June 2009 will be posted on Monday, 26 October 2009 and contain no modifications to the audited financial results which were published on SENS on Tuesday, 8 September 2009.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of the company will be held at Sasfin, 29 Scott Street, Waverley, Johannesburg on Wednesday, 3 December 2009 at 14h00.
05 Oct 2009 13:54:59
(Official Notice)
Shareholders are referred to the various SENS announcements, the last of which was made on 10 September 2009, relating to the specific issue of shares for cash by IFC. Shareholders are hereby advised that all the conditions precedent have been met and that 3 005 894 ordinary Sasfin shares have been issued to IFC upon receipt of R74 579 326.
10 Sep 2009 14:57:48
(Official Notice)
Shareholders are advised that, at the general meeting of Sasfin held on Thursday, 10 September 2009, convened in terms of the notice of general meeting contained in the circular to shareholders dated 19 August 2009, the requisite majority of shareholders approved the ordinary resolutions pertaining to the specific issue of shares for cash to the International Finance Corporation and to waive their rights to a mandatory offer of shares in terms of the Rules of the Securities Regulation Panel as well as a special resolution to amend the articles of association. The special resolution has been lodged for registration with the Companies and Intellectual Properties Registration Office and thereafter with the Registrar of Banks.
09 Sep 2009 09:57:40
(Media Comment)
Sasfin's CEO, Roland Sassoon, said in Business Report that the International Finance Corporation ("IFC") has initiated talks between its banking subsidiary, Sasfin Bank, and two regional banks so that the group will be represented in the southern African region. Sassoon says that Sasfin can offer these banks technical expertise. The IFC has invested USD30 million in Sasfin.
08 Sep 2009 16:59:15
(Official Notice)
Shareholders are referred to the results announcement dated 8 September 2009 wherein, inter alia, a notice was given that a preference dividend number 10 had been declared for the period 1 January 2009 to 30 June 2009, on 1 000 000 preference shares issued at R100,00 each, and on 905 000 preference shares issued at R110,49 each.



The preference dividend that was declared is 488.12 cents and not the amount previously stated. The preference dividend is payable to holders of preference shares recorded in the register of the company at the close of business of Friday, 2 October 2009. All other dates and terms remain the same.
08 Sep 2009 11:34:55
(C)
The group achieved profit for the year of R189 million (2008: R184 million), an increase of 3% on the corresponding period of 2008, whilst headline earnings decreased by 2% from R156 million to R154 million on a relatively flat asset base. Total assets grew by 5% to R3.2 billion (2008: R3.0 billion), primarily due to the group's investment in its new premises, as reflected in property, plant and equipment. Although deposits decreased year on year by 20%, the group has maintained comfortable liquidity levels in a market constrained by liquidity shortages.



Dividend

A final ordinary share dividend for the financial year ended 30 June 2009, amounting to 149cps (2008: 144cps) has been declared.



Prospects

The group expects to benefit from its relationship with the IFC and its enlarged capital base, albeit in a challenging economic environment.
21 Aug 2009 11:39:05
(Official Notice)
Shareholders are advised that the general meeting to approve the specific issue will be held at 29 Scott Street, Waverley, 2090 at 11:00 on Thursday, 10 September 2009. In accordance with the rights attaching to Sasfin preference shares, preference shareholders are advised that they may attend the general meeting but not vote thereat. The circular to shareholders is available at www.sasfin.com.
07 Jul 2009 09:44:49
(Official Notice)
Further to the cautionary announcement published on 9 June 2009, shareholders are advised that Sasfin has entered into a subscription agreement in terms of which, subject to the fulfillment or waiver of certain suspensive conditions, it will allot and issue new Sasfin ordinary shares to the International Finance Corporation , an international organisation established by articles of agreement among its member countries including the Republic of South Africa, as a specific issue of shares for cash on the terms and conditions contained in the subscription agreement, at a total subscription consideration of approximately the Rand equivalent of USD10 million determined with reference to the ZAR/USD exchange rate immediately after the fulfilment or waiver of the suspensive conditions and at a subscription price of ZAR24.811 per share, being the approximate volume weighted average price of Sasfin shares for the 90 days prior to 22 June 2009, provided the total subscription consideration will not exceed USD10 million and provided further that the number of Sasfin shares to be allotted and issued will not exceed 12% of the enlarged issued ordinary share capital of the company. The number of Sasfin shares to be issued to IFC in terms of the specific issue of shares, will be determined immediately after fulfilment or waiver of the suspensive conditions. Subject to such regulatory approvals as may be necessary, the IFC shall be entitled, upon subscription for the Sasfin shares, to propose an appropriate person to be appointed as a non-executive director of the company. In order to give effect to the specific issue of shares, the company is required to amend its articles of association to provide for the inclusion of the IFC's policy rights on social and environmental requirements and standards, as contemplated in the subscription agreement.



The IFC has in addition to the specific issue of shares entered into a subordinated loan agreement with Sasfin Bank Ltd in terms of which, subject to the fulfilment or waiver of certain suspensive conditions, the IFC shall provide Sasfin Bank with a subordinated loan intended to qualify as tier 2 capital in the amount of ZAR82.45 million. The specific issue of shares and the loan are not conditional upon each another.
17 Jun 2009 16:57:41
(Official Notice)
The qualitative information regarding the group's capital management plan and strategy is fully disclosed in the group's 2008 annual report. The report is also available for download from www.sasfin.com.



Current market conditions and the slowing economy continues to influence levels of capital in maintaining a healthy balance between risk appetite and risk profile. The credit environment remains challenging with credit demands being soft, whilst credit defaults are on the increase. As expected, the group is experiencing an increase in credit impairments in line with the general trends in the banking industry. The difficult domestic economy, heightened by the market volatility is bound to impact earnings in all sectors. Sasfin remains well capitalised with a stable balance sheet, and continues to focus on maintaining prudent capital and liquidity levels.
09 Jun 2009 12:09:59
(Official Notice)
The company has entered into negotiations with the International Finance Corporation ("IFC") whereby the IFC will subscribe for USD10 million of the company's ordinary shares and advance an additional of a USD10 million subordinated loan to Sasfin Bank Ltd. Should the negotiations be successfully concluded, they 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.
01 Jun 2009 12:13:54
(Official Notice)
Mr Malcolm Segal, who is presently an executive director, was appointed as the financial director with effect from 28 May 2009.
14 Apr 2009 13:12:55
(Official Notice)
Shareholders are referred to the announcement of the company's interim results for the six months ended 31 December 2008, which was released on the SENS on Thursday, 5 March 2009, wherein Sasfin ordinary shareholders were advised that the board of directors had resolved to award an interim cash dividend of 71 cents per Sasfin ordinary share to Sasfin ordinary shareholders recorded as such in the company's registers on Thursday, 9 April 2009 ("the record date") but subject to shareholders having the right to elect to receive instead, in respect of all or part of their shareholding, scrip dividend shares.



The number of the new scrip dividend shares to which shareholders wishing to participate in the scrip dividend alternative would become entitled was determined in the ratio that 71 cents per ordinary share bears to R24.60, being the 3-day volume weighted average traded price of the company's ordinary shares on the JSE Ltd ("JSE") at the close of business on Wednesday, 25 March 2009. This equated to 2.89 new Sasfin ordinary shares for every 100 Sasfin ordinary shares held on the record date. Fractions of shares will not be issued. Sasfin ordinary shareholders holding 20 779 557 Sasfin ordinary shares elected to receive the scrip dividend alternative, resulting in the issue of 600 529 new ordinary shares. Accordingly, a cash dividend of R4 723 223.88 was paid in respect of 6 652 534 Sasfin ordinary shares.



Share certificates and dividend cheques in respect of the new shares were posted to certificated shareholders at their risk and the CSDP or broker custody accounts of dematerialised shareholders were credited on Tuesday, 14 April 2009.
03 Apr 2009 12:01:33
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The qualitative information regarding the group's Capital Management Plan and Strategy is fully disclosed in the group's 2008 annual report and audited annual financial statements. This report is also available on its website: www.sasfin.com.



Current market conditions and the economic slowdown continue to influence levels of capital in maintaining a healthy balance between risk appetite and risk profile. Credit defaults are on the increase, particularly on the consumer front, and Sasfin, although not directly exposed to the consumer market, is likely to be affected by the secondary impacts encountered in this cycle. Pressures on the domestic economy, heightened by the market volatility is bound to impact earnings in all industry sectors. Sasfin remains well capitalised to withstand these impacts in challenging market conditions.
26 Mar 2009 11:29:29
(Official Notice)
05 Mar 2009 13:42:01
(C)
Total income increased by 11% from R272 543 million to R303 766 million in 2008. Profits from operations decreased to R99 557 million (2007:R115 200 million). Profit attributable to ordinary shareholders decreased to R65 374 million (R75 498 million). In addition, headline earnings on a per share basis decreased to 239 cps (280 cps).



Dividends per share

An interim dividend was declared 0f 71.0 cps for the period under review.

A preference dividend has been declared of 584.28 cps for the period under review.



Prospects

Sasfin is well positioned as a banking and financial services provider focusing on the entrepreneurial market. The group recently secured a trade finance guarantee facility from the international finance corporation, a member of the World Bank group, on favourable terms, which will create opportunities for future growth and development. Notwithstanding the uncertainty and difficult economic conditions, the group expects to continue at current levels of performance into the second half of the financial year.
04 Dec 2008 15:56:30
(Official Notice)
Shareholders are advised that all resolutions proposed at the AGM of Sasfin held on Wednesday 3 December 2008 were passed by the requisite majority of shareholders.
17 Nov 2008 16:00:07
(Official Notice)
In terms of the requirements of the Banks Act, and the banking legislation under Basel II, registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The qualitative information regarding the group's capital management plan and strategy is fully disclosed in the group's 2008 Annual report The report is also available on its website: www.sasfin.com.
28 Oct 2008 16:47:35
(Official Notice)
Shareholders are advised that the audited annual financial statements of the company for the year ended 30 June 2008 were posted on Monday, 27 October 2008. There have been no changes to the audited financial results as published on Tuesday, 9 September 2008. The AGM of the company will be held at Sasfin Place, 13 - 15 Scott Street, Waverley, Johannesburg on Wednesday, 3 December 2008 at 14h00. The notice of the meeting is contained in the abovementioned annual financial statements.
09 Sep 2008 13:30:25
(C)
Total income increased to R587.4 million (R525.1 million). Net profit attributable to ordinary shareholders rose by 12% to R156.1 million (R139.9 million). In addition, headline earnings per ordinary share grew 10% to 576cps (523cps).



Dividends

A final ordinary dividend of 144cps has been declared.



Prospects

The demand for Sasfin's products and services from its target market of small to medium sized enterprises continues to grow, despite deterioration in economic conditions. Accordingly, the group expects continued earnings growth.
18 Aug 2008 09:10:39
(Official Notice)
Mr Alan Greenstein, Managing Director of Sasfin and Sasfin Bank Ltd and Chief Executive Officer of Sasfin Securities (Pty) Ltd, will be relocating to Australia early in January 2009. He will remain at Sasfin on a full-time basis until mid-December 2008 to ensure a smooth handover of his current executive functions and responsibilities. The board has tasked a sub-committee to identify and appoint a suitable candidate to head the Group?s Wealth Management division.
30 Jun 2008 08:56:46
(Media Comment)
Sasfin CEO Roland Sassoon was quoted in Business Report as saying that the company's BEE deal has collapsed as the group's shares fell to half the value of the planned issue price. Sassoon said Sasfin was not prepared to drop the share issue price because the company believed "its shares are cheap'.
24 Jun 2008 16:13:07
(Official Notice)
Shareholders are referred to the announcement released on 11 September 2007, wherein they were informed that Sasfin had, subject to the fulfilment of certain suspensive conditions, entered into an agreement in terms of which it would allot and issue 9 630 000 new Sasfin ordinary shares to Circle Capital as a specific issue of shares for cash at a subscription price of R51.40 per share. Shareholders are also referred to the announcement released on 4 March 2008 wherein shareholders were advised that the transaction had been marginally downscaled. The parties have now agreed that, in light of turbulence in the global credit and equity markets, it is not possible to conclude a transaction on appropriate terms acceptable to Sasfin, Circle Capital and Circle Capital's funders, and therefore the transaction will not be implemented.



Shareholders are advised that the headline earnings per share and earnings per share of Sasfin for the twelve months ending 30 June 2008 are expected to be in line with those for the previous comparable period, being the twelve months ended 30 June 2007. The financial information on which this trading statement is based has not been reviewed or reported on by Sasfin's auditors.
04 Mar 2008 10:42:31
(C)
Net interest income rose 22% to R77.2 million (R63.3 million) for the six months to 31 December 2007. Operating income increased to R272.3 million (R240.3 million). Profit attributable to ordinary shareholders increased by 16% to R92.6 million (R79.6 million), whilst headline earnings per ordinary share for the period under review grew by 15% to 280cps (244cps).

Dividends

An interim ordinary dividend of 84cps (73cps) has been declared. In addition, a preference share dividend of 515.55cps (442.09cps) has been declared for the six month period just passed.



Prospects

The demand by Sasfin's target market for its products and services remains strong. Notwithstanding the uncertainty and difficult economic conditions, the group anticipates achieving solid growth for the year.
17 Jul 2006 12:19:42
(Official Notice)
For the year ended 30 June 2006, headline earnings per share of Sasfin is expected to be between 20% and 40% higher, and earnings per share is expected to be between 80% and 100% higher than for the financial year ended 30 June 2005. Earnings per share include a realised gain on the disposal of the group's shares in the JSE Ltd which were held as an available-for-sale investment. The audited year end results of Sasfin are expected to be published on or about 5 September 2006.
08 Jun 2006 08:35:04
(Official Notice)
Sasfin Holdings has raised another R100 million from the issue of 905 000 preference shares to investors at an issue price of R110.50 per share, paying an effective preference dividend rate of 70% of prime. Sasfin CEO Roland Sassoon says the purpose of the preference share issue is to raise capital for investment in private equity opportunities, which has been identified as a major growth area for the group going forward. The shares are of the same class and rank in every respect alongside the existing non-redeemable, non-cumulative, non-participative preference shares listed under the JSE sector Specialist Securities - Preference Shares. The new shares will be listed from Friday, 9 June 2006.
15 May 2006 16:39:17
(Official Notice)
Shareholders are advised that following the successful listing of 100 million preference shares in 2004 the directors of Sasfin have resolved to allot and issue a second tranche of listed non-redeemable, non- cumulative and non-participating preference shares as part of its general capital management programme and in order to provide the company with funding for further strategic initiatives. The second tranche of preference shares are being placed by Sasfin Frankel Pollak Securities with selected investors at an effective preference dividend rate of 70% of prime. These preference shares will be of the same class, will trade under the same share code (SFNP) and will rank pari passu in all respects with those issued during the first issue. It is expected that the private placement will be concluded on or about 2 June 2006 and, subject to the approval of JSE, that the preference shares will be listed on the JSE on or about 9 June 2006.



10 May 2006 15:03:16
(Official Notice)
Sasfin has, subject to the fulfilment of certain conditions precedent, entered into an agreement in terms of which its subsidiary Sasfin Bank Ltd, through its Hong Kong registered subsidiary Sasfin Asia Ltd, will acquire SBM Nedbank International, a specialist bank registered in the Republic of Mauritius from Nedbank Group Ltd for a purchase consideration of approximately USD24.1 million. SBM Nedbank International will change its name to Sasfin Bank International Ltd. The effective date of the acquisition is 30 April 2006. Shareholders are advised that caution is no longer required when dealing in their Sasfin securities.
28 Apr 2006 12:31:36
(Official Notice)
Shareholders are advised that Sasfin has entered into negotiations which, if successfully concluded, may have a material effect on the price of the companys securities. Accordingly shareholders are advised to exercise caution when dealing in the companys securities until a further announcement is made.
21 Apr 2006 14:59:50
(Official Notice)
At the general meeting held on Friday, 21 April 2006, the resolution to place the un-issued, non-redeemable, non-cumulative, non- participating, preference shares under the control of the directors of Sasfin until the next annual general meeting was passed with the requisite majority.
07 Apr 2006 16:08:19
(Official Notice)
Stanley Jackson has been appointed as the new company secretary with effect from the beginning of April 2006.
31 Mar 2006 12:48:58
(Official Notice)
Shareholders are referred to the interim results announcement of the company dated 2 March 2006, wherein they were advised that the board of directors of Sasfin had resolved to issue a second tranche of preference shares, further details of which will be announced in due course.



Consequently, shareholders are advised that a general meeting of shareholders will be held on Friday, 21 April 2006 in order to place the unissued non-redeemable, non-cumulative, non-participating preference shares in the authorised share capital of the company under the control of the directors of Sasfin and to authorise them to allot and issue these preference shares at their discretion until the next annual general meeting of the company, subject to the provisions of the Companies Act, the Banks Act and the Listings Requirements of the JSE. A notice of general meeting, and proxy form for use by certificated and "own- name" dematerialised shareholders of the company, will be posted to shareholders on or about 31 March 2006.
02 Mar 2006 13:24:00
(C)
Sasfin posted what it described as excellent results for the six months to 31 December 2005, with headline earnings per share up 50% to 207.1c (138.2c). The robust economy fuelled the rise in revenue and profit, aided by tight cost control. "Sasfin is niching itself as the preferred banking group for the entrepreneur, a market that is not being particularly well serviced by the larger banks, and this is reaping rewards," said CEO Roland Sassoon. Net income after tax grew 65% to R61.9 million (R37.5 million), boosted by strong profit growth in all key areas of the business. While net interest income remained relatively steady at R56.2 million, non-interest income grew 38% to R142.4 million (R103 million). The increase in operating expenses was contained to 12%, producing profit from operations of R79.3 million, 54% higher than the R51.3 million posted for the same period last year. Profit attributable to ordinary shareholders increased 55% to R55.4 million (R35.7 million). Business Banking was the largest contributor to headline earnings, posting a 46% increase in earnings to R27.9 million for the period. Sasfin Capitals contribution to headline earnings jumped 51% to R13.4 million, while Sasfin Personal Wealth, helped by a robust stock market, achieved a 64% increase in earnings to R10.5 million. The group also posted an improvement to 56.4% in the efficiency ratio (63.3%) and a 22% increase to nearly R2 billion in group assets (R1.6 billion). Capital adequacy strengthened during the period, creating a solid foundation for future growth without the need to issue additional ordinary shares. The annualised return on ordinary shareholders funds increased to 37.4% (32.9%), indicating high levels of productivity and efficiency in the group.



Dividend

An interim ordinary share dividend of 62cps (41cps) was declared.



Prospects

Sasfin said that while the groups products and services were in strong demand in the current buoyant economic environment, growth in earnings for the remainder of the year was unlikely to be maintained at the same rate. Sasfin would not, however, be immune to the effects of a cyclical economic downturn.
20 Jan 2006 10:01:55
(Official Notice)
Sasfin announced on 20 January 2006 that it expected headline earnings for the interim to 31 December 2005 to improve 40% to 60% compared to the previous comparative interim period. Sasfin estimated the release date of its results to be 2 March 2006.
12 Dec 2005 14:37:43
(Official Notice)
Shareholders are referred to the cautionary announcements dated 7 September 2005, 20 October 2005 and 2 December 2005 and are advised that agreement has now been reached in terms of which two special purpose vehicles ("SPV"s") as wholly-owned subsidiaries of Innovent Investment Holdings (Pty) Ltd ("Innovent Holdings"), a Black Economic Empowerment ("BEE") company, will, subject to conditions precedent, subscribe for 11 493 756 new ordinary shares in Sasfin, comprising 10% of the issued share capital of Sasfin Bank, at a cost of R66.7 million ("the BEE transaction"). Prior to the BEE transaction Sasfin Bank was a wholly-owned subsidiary of Sasfin.



Structure of the BEE transaction

Sasfin will finance the BEE transaction out of its own resources by subscribing for 66 666 cumulative redeemable preference shares at a subscription price of R1 000 each (the "preference shares") in the share capital of the two SPV's. The parties have agreed that it may in due course be appropriate to expand the BEE participation in the transaction. The salient terms of the preference shares are as follows:

*They carry a dividend rate of 75% of prime overdraft rate;

*Innovent Holdings may elect to redeem all or part of the preference shares at any time after three years, and could be instructed by Sasfin to do so at any time after ten years. After fifteen years redemption shall be compulsory.

* The agreements relating to the BEE transaction contain provisions normal for a funding transaction of this nature, including certain security provisions and the obligation of Innovent Holdings to remain a BEE company.

As and when Innovent Holdings redeems any preference shares it shall be entitled to sell to Sasfin the Sasfin Bank shares held by it for shares in Sasfin.



The effect of the BEE transaction on the financial results of Sasfin is not material. Shareholders are advised that caution is no longer required when dealing in their Sasfin securities.

02 Dec 2005 11:27:16
(Official Notice)
Shareholders are referred to the cautionary announcement published on SENS on 20 October 2005 regarding a BEE transaction in respect of a 10% interest in the capital of Sasfin Bank a wholly-owned subsidiary of Sasfin. Shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made in this regard.
29 Nov 2005 16:55:43
(Official Notice)
At the AGM of Sasfin shareholders held on 29 November 2005, all the resolutions proposed were passed by the requisite majority of shareholders.
20 Oct 2005 14:48:32
(Official Notice)
Shareholders are further advised that the audited annual financial statements of the company for the year ended 30 June 2005 were posted on Wednesday, 12 October 2005. There have been no changes to the audited financial results as published on Wednesday, 7 September 2005. The annual general meeting of the company will be held on Tuesday, 29 November 2005.
20 Oct 2005 14:45:37
(Official Notice)
Shareholders are referred to the cautionary announcement included in the audited financial results announcement published on Wednesday, 7 September 2005, advising that Sasfin had signed Letters of Intent with two BEE groups regarding a BEE transaction in respect of a 10% interest in the capital of Sasfin Bank Ltd, a wholly-owned subsidiary of Sasfin. Shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made in this regard.
07 Sep 2005 12:33:05
(C)
Sasfin posted another excellent result, with headline earnings up 41.1% to R85 million for the year to 30 June 2005. Headline earnings per share increased by 38.7% to 327.9 cents (236.5 cents). This increase comes on top of the 185% improvement in the previous financial year, with good improvement from virtually all business divisions. More than half of the group`s earnings were generated by the Commercial Finance division, which experienced strong demand from growing businesses. The Investment and Asset Management division had an excellent year, with a 7.2- fold increase in contribution to the bottom line of R20.3 million. Sasfin Frankel Pollak Securities was buoyed by strong stock market activity. Funds under administration grew 61.2% to R15.5 billion. The Sasfin International Fund, managed by Edmond de Rothschild Asset Managers, Paris, in terms of an exclusive distribution agreement with Sasfin Frankel Pollak Securities, has attracted funds of nearly R80 million, though the strong rand dampened investor appetite for offshore investment. Treasury and Securitisation increased its bottom line contribution by 43% to R15.4 million (R10.8 million). The group raised R100 million through a preference share issue in November 2004 to fund potential black economic empowerment and investment opportunities. Deposits increased by 50% to R402 million (269 million), which signifies a return of confidence in Sasfin two years after the small banks` crisis, also assisted by increased deposit volumes held for stock-broking clients and internally-generated deposits. All of the group`s key ratios showed healthy improvement during the year. Return on ordinary shareholders average equity improved 10% to 33.7%, while return on total average assets gained 17% to 5.4%. Operating expenses as a ratio of total income improved 11% to 61%.



Prospects

The buoyant economy, Sasfin`s competitive position in the banking industry, its infrastructure in terms of human resources, systems, products and client base, and its strong capital adequacy are the ingredients for continued growth in assets and profits. Sasfin would not, however, escape the effects of a downturn in the economic cycle, which is a possibility in the next year or two.



Dividend

A final dividend of 89 cps was declared taking the total dividend for the year to 130 cps.
22 Jul 2005 09:45:12
(Official Notice)
Shareholders are advised that the headline earnings and earnings of Sasfin for the year ended 30 June 2005 are expected to be between 25% and 45% higher than for the previous comparable period. The audited year end results of Sasfin are expected to be published on or about 7 September 2005.
18-Mar-2015
(X)
Sasfin Holdings Ltd. (the Group or Sasfin) is a bank controlling company which listed on the Johannesburg Stock Exchange in 1987. The Group offers a range of comprehensive, modular banking and financial services focused on the needs of the entrepreneur and investor to enable them to grow their business and wealth.

These services include:

*Full suite of Transactional Banking services

*Equipment Finance

*Debtor Finance

*Trade Finance

*International and Domestic Treasury

*Corporate Finance

*Securitisation

*Private and Property Equity

*Asset Consulting

*Healthcare Consulting

*Short-term Insurance

*Asset Management

*Stockbroking and Portfolio Management

*Wealth and Financial Planning

*Logistics and Trade Solutions

*Freight

*Verification Services

*Growth Incentive Consulting
04 Nov 1996 00:00:00
(Permanent)
It is company policy to declare an annual dividend at year end, although an interim dividend was declared for the first time for the 2005 financial year.


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox