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11-Sep-2018
(C)
24-Aug-2018
(Official Notice)
With reference to the trading statement released on 15 June 2018, and consistent with the interim results released on 19 February 2018 a review of the financial results for the year ended 30 June 2018 by management has indicated that the earnings and headline earnings per share are expected to be between 19.8 cents and 20.9 cents, compared to the earnings and headline earnings per share of 41.8 cents and 41.5 cents respectively, being between 49% and 53% lower for the year ended 30 June 2017.



SilverBridge?s financial results are expected to be released on SENS on or about 11 September 2018.
15-Jun-2018
(Official Notice)
In line with the interim results released on the 19 February 2018, shareholders are advised that the Company expects earnings per share (?EPS?) and headline earnings per share (?HEPS?) for the year ended 30 June 2018 to be at least 20% lower relative to the prior comparative period.



There is currently insufficient certainty to enable the Company to provide specific guidance on the extent of the expected decrease in both HEPS and EPS and it is anticipated that SilverBridge will publish a more detailed trading statement in due course.
19-Feb-2018
(C)
Revenue for the interim period went up 3% to R47.5 million (R46.2 million) whilst operating profit more than halved to R2.8 million (R6.2 million). Profit and total comprehensive income for the period fell 57% to R2.1 million (R4.9 million). In addition, headline earnings per share declined to 7.04cps (14.37cps).



Dividends and capital distribution

No dividend was declared for the period under review. The directors declared and approved a final gross dividend of 7 cents per share on 12 September 2017 for the year ended 30 June 2017 from income reserves and the payment distributions were made during the period under review.



Group outlook

We remain positive about the outlook for the Group, despite a challenging period. Although economic conditions are currently suppressed, we continue to build our core annuity streams which will assist in achieving improved revenue growth.



We are pleased to see that new initiatives are paying off, albeit slower than expected. We are excited about our new product development project and we remain optimistic that our efforts will help enable sustained growth.



The financial services industry continues to face significant challenges and increased competition to meet its customers? changing needs in an increasingly digital world. This results in many of our existing and potential clients searching for solutions to enable them to adapt quickly and more effectively. SilverBridge remains well positioned to meet these needs. It presents us with opportunities to create platforms that can help the industry to adapt and continues guiding our new product development initiatives.
09-Feb-2018
(Official Notice)
Accordingly, a review of the financial results for the six month period ended 31 December 2017 by management has indicated, with a reasonable degree of certainty, that the earnings and headline earnings per share are expected to be between 7.0 cents and 7.5 cents, compared to the earnings per share of 14.5 cents and headline earnings per share of 14.4 cents, being between 48% and 52% lower than for the period ended 31 December 2016.



The financial information on which this trading statement is based has not been reviewed or reported on by SilverBridge?s auditors. SilverBridge?s financial results are expected to be released on SENS on or about 19 February 2018.
25-Oct-2017
(Official Notice)
In terms of paragraph 3.91 of the JSE Listings Requirements, shareholders are hereby advised that all the ordinary resolutions and special resolutions, as set out in the notice of the Annual General Meeting (?AGM?) were passed by the requisite majority of shareholder votes cast by shareholders present or represented by proxy at the AGM held on 25 October 2017 at the SilverBridge Office Boardroom, Castle Walk Corporate Park, Block D, c/o Nossob and Swakop Street, Erasmuskloof, Pretoria. Altogether 54% of voteable shares in issue, being 18 815 278 shares, were represented at the AGM.

18-Sep-2017
(C)
Revenue for the year grew to R93.1 million (2016: R86.4 million). Results from operating activities were R12.9 million (2016: R12.0 million). Profit and total comprehensive income for the year rose to R13.1 million (2016: R10.1 million). Headline earnings per share increased to 41.51 cents per share (2016: 29.05 cents per share).



Dividend

The directors have declared and approved a final gross dividend of 7 cents per share for the year ended 30 June 2017 from income reserves.



Notice of annual general meeting

Notice is hereby given that the AGM of the Company will be held at 11:00 on Wednesday 25 October 2017 at the registered office of SilverBridge, Castle Walk Corporate Park, Corner of Swakop - Nossob Street, Erasmuskloof, Pretoria, to transact the business as stated in the notice of the AGM, which is contained in the Integrated Annual Report to be distributed on or about 18 September 2017.



Group outlook

Overall, we remain positive about the outlook for the Group. We continue to build our core annuity streams and make progress with revenue growth, despite the tough economic climate. We are pleased to see that new initiatives are paying off, albeit slower than expected. We are excited about our new product development project. We remain optimistic that our efforts will help enable sustained growth.



The financial services industry continues to adapt to meet its customers? changing needs in an increasingly digital world. Financial services providers are driving change in their business. They are differentiating their products and services in order to remain relevant in a rapidly changing world. This results in many of our existing and potential clients searching for solutions to enable them to adapt quickly and more effectively. SilverBridge remains well positioned to meet these needs. It presents us with opportunities to create platforms that can help the industry to adapt and continues guiding our new product development initiatives.



28-Aug-2017
(Official Notice)
Accordingly, a review of the financial results for the year ended 30 June 2017 by management has indicated that the earnings and headline earnings per share are expected to be between 41.1 cents and 42.1 cents, compared to the earnings and headline earnings per share of 29.1 cents, being between 41% and 45% higher than the year ended 30 June 2016.



The following once-off, non-cash flow items impacted positively on the current year?s results:

*The decreased number of shares used in the earnings per share and headline earnings per share calculation, due to the increase in the number of treasury shares after the share purchase by the Silverbridge Employee Share Trust. These shares will vest in employees and not be seen as treasury share anymore as they pay back the respective loan amounts related to the shares purchased and as outstanding share options vest.

*The recognition by SilverBridge of a deferred tax asset resulted from an incurred assessed tax loss that was carried forward from prior periods.



The following once-off, non-cash flow items impacted negatively on the current year?s results:

*The increase in the office rental expense due to the smoothing of the expense over the newly entered five- year lease period as required in terms of IAS 17 Leases.

*The increase in IFRS 2 share base payment charges resulting from the acquisition of shares by employees in terms of the share ownership scheme as well as calculations related to the share option scheme.



If the effect of all of the above are excluded, the headline earnings are expected to be between 9% and 12% higher than the reported headline earnings, for the year ended 30 June 2016.



The financial information on which this trading statement is based has not been reviewed or reported on by SilverBridge?s auditors. SilverBridge?s financial results are expected to be released on SENS on or about 18 September 2017.



15-Jun-2017
(Official Notice)
Shareholders are advised of the appointment of Ms Lulama Sybil Booi (?Lulama?) as a non-executive director of the board with effect from 14 June 2017.



20-Feb-2017
(C)
Revenue for the interim period went up 16% to R46.2 million (R39.6 million). Operating profit grew 22% to R6.2 million (R5.1 million). Profit for the period also rose 22% to R4.9 million (R4.0 million). Furthermore, headline earnings per share jumped to 14.37 cents per share (11.52 cents per share).



Dividend and capital distribution

No dividend was declared for the period under review. The directors declared and approved a final gross dividend of 6 cents on 14 September 2016 for the year ended 30 June 2016 from income reserves and the payment distributions were made during the period under review.



Group Outlook

Overall SilverBridge remains positive about the outlook for the Group. The company continues to build its core annuity streams and it is making progress with revenue growth.



The company is pleased to see that new initiatives are starting to pay off. In particular, the higher value-added offerings and the new cloud-based hosting and managed services. SilverBridge remains optimistic that its efforts will help enable sustained growth.



The financial services industry continues to adapt to meet its customers? changing needs in an increasingly digital world. Financial services providers are driving change in their business. The company is differentiating their products and services in order to remain relevant in a rapidly changing world. SilverBridge remains well positioned to meet these needs. It presents the company with opportunities to create platforms that can help the industry to adapt and continues guiding our new product development initiatives.
01-Feb-2017
(Official Notice)
A review of the financial results for the six month period ended 31 December 2016 by management has indicated, with a reasonable degree of certainty, that the basic earnings per share and headline earnings per share are expected to be between 14.0 cents and 15.0 cents, compared to the basic earnings per share of 11.6 cents and headline earnings per share of 11.5 cents, which represents an increase of between 21% and 29% to the basic earnings per shares and an increase of between 22% and 30% compared to the headline earnings per share the period ended 31 December 2015.



SilverBridge?s financial results are expected to be released on SENS on or about 20 February 2017.
24-Jan-2017
(Official Notice)
Shareholders are advised that Ms Jocobeth Chikaonda has resigned as a non-executive director of the Company with immediate effect. Ms Chikaonda?s resignation is in line with disposal of Kagiso Tiso Holdings shareholding in SilverBridge.
26-Oct-2016
(Official Notice)
Shareholders are hereby advised that all the ordinary resolutions and special resolutions, as set out in the notice of the Annual General Meeting (?AGM?) were passed by the requisite majority of shareholder votes cast by shareholders present or represented by proxy at the AGM held on 26 October 2016 at 495 Prieska Street, Erasmuskloof, Pretoria, South Africa.



Altogether 71% of voteable shares in issue, being 24 798 486 shares, were represented at the AGM.



13-Oct-2016
(Official Notice)
Shareholders are referred to the announcement published by the Company on 19 September 2016 (?Announcement?) in terms of which shareholders were advised that the Company has distributed its annual report, incorporating the notice of annual general meeting (?Notice of AGM?).



Further to the publication of the aforementioned SENS announcement and the distribution of the Notice of AGM, shareholders are hereby advised that it has come to the attention of the Company that the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the general meeting has been erroneously stated as ?Friday, 16 October 2015? instead of ?Friday, 21 October 2016? and the last day to trade in Silverbridge shares in order to be recorded in the Register to be entitled to vote at the Annual General Meeting has been erroneously stated as ?Friday, 14 October 2016? instead of ?Tuesday, 18 October 2016?.



For the avoidance of doubt, the details of the AGM as stated in the Announcement are correct and, for the avoidance of doubt are restated below:

Notice is hereby given that the Annual General Meeting of the Company will be held at 11h00 on Wednesday, 26 October 2016, at the registered offices of Silverbridge, 495 Prieska Street, Erasmuskloof, Pretoria, to transact the business as stated in the notice of Annual General Meeting, which is contained in the Integrated Annual Report distributed on 19 September 2016.



The date on which shareholders must be recorded as such in the share register to be eligible to attend and vote at the Annual General Meeting is Friday, 21 October 2016, with the last day to trade being Tuesday, 18 October 2016.

19-Sep-2016
(C)
Revenue for the year grew to R86.4 million (R80.9 million). Results from operating activities increased to R12.0 million (R11.0 million). Profit and total comprehensive income for the year rose to R10.1 million (R8.3 million). In addition, headline earnings per share jumped to 29.05 cents per share (24.10 cents per share).



Dividend

The directors have declared and approved a final gross dividend of 6 cents per share for the year ended 30 June 2016 from income reserves.



Notice of the Annual General Meeting

Notice is hereby given that the Annual General Meeting of the Company will be held at 11:00 on Wednesday 26 October 2016 at the registered office of SilverBridge, 495 Prieska Street, Erasmuskloof, Pretoria, to transact the business as stated in the notice of the Annual General Meeting, which is contained in the Integrated Annual Report to be distributed on or about 19 September 2016.



Group outlook

Overall the Group remain positive about its outlook. SilverBridge continues to build its core annuity streams and it is improving its revenue growth.



SilverBridge has made good progress with higher value-added offerings in our support area. The Group has developed products for adjacent vertical market segments and have launched new offerings in the cloud-based hosting and managed services. SilverBridge is optimistic that its efforts will help improve future growth.



The financial services industry continues to adapt to meet its customers? changing needs in an increasingly digital world. Financial services providers are driving change in their business. They are differentiating their products and services in order to remain relevant in a rapidly changing world. SilverBridge remains well positioned to meet these needs. It presents the Group with opportunities to create platforms that can help the industry to adapt and continues guiding its new product development initiatives.
26-Aug-2016
(Official Notice)
A review of the financial results for the year ended 30 June 2016 by management has indicated that the earnings and headline earnings per share are expected to be between 28.6 cents and 29.6 cents, compared to the earnings and headline earnings per share of 24.1 cents, being between 19% and 23% higher than the year ended 30 June 2015. SilverBridge?s financial results are expected to be released on SENS on or about 19 September 2016.
15-Feb-2016
(C)
Revenue rose to R39.6 million (R38.3 million). Operating profit increased to R5.1 million (R3.9 million). Profit for the period shot up to R4.0 million (R2.9 million). In addition, headline earnings per share grew to 11.5cps (8.4cps).



Dividends and capital distribution

No dividend was declared for the period under review.



Group outlook

Overall the group remains positive about the outlook for the group. SilverBridge continues to build its core annuity revenue and it is making progress with new areas for revenue growth.



SilverBridge has made progress in adjacent vertical market segments and have commenced with its additional managed services offerings. The company is also moving into more value-added offerings in its support area, which has progressed well thus far. SilverBridge will continue to invest effort in these areas to help sustain future growth.



The financial services industry continues to adapt to meet their customers? changing needs in an increasingly digital world. Financial services providers are driving change in their business. They are differentiating their products and services in order to remain relevant in a rapidly changing world. SilverBridge remains well positioned to meet these needs. It presents us with opportunities to create platforms that can help the industry to adapt and is guiding its new product development initiatives.
05-Feb-2016
(Official Notice)
A review of the financial results for the six month period ended 31 December 2015 by management has indicated, with a reasonable degree of certainty, that the earnings and headline earnings per share are expected to be between 11.2 cents and 11.8 cents, compared to the earnings and headline earnings per share of 8.4 cents, being between 33% and 40% higher for the period ended 31 December 2014.



The financial information on which this trading statement is based has not been reviewed or reported on by SilverBridge?s auditors. SilverBridge?s financial results are expected to be released on SENS on or about 15 February 2016.



27-Oct-2015
(Official Notice)
In terms of paragraph 3.91 of the JSE Listings Requirements, shareholders are hereby advised that all the ordinary resolutions and special resolutions, as set out in the notice of the Annual General Meeting (?AGM?) were passed by the requisite majority of shareholder votes cast by shareholders present or represented by proxy at the AGM held on 27 October 2015 at 495 Prieska Street, Erasmuskloof, Pretoria, South Africa. Altogether 72% of voteable shares in issue, being 25 071 455 shares, were represented at the AGM.
21-Sep-2015
(C)
28-Aug-2015
(Official Notice)
A review of the financial results for the year ended 30 June 2015 by management has indicated that the earnings and headline earnings per share are expected to be between 23.6 cents and 24.6 cents, compared to the earnings per share of 17.1 cents and headline earnings per share of 17.0 cents, being between 38% and 45% higher than for the year ended 30 June 2014. SilverBridge?s financial results are expected to be released on SENS on or about 22 September 2015.
16-Feb-2015
(C)
Revenue for the interim period decreased by 2% to R38.3 million (2013: R39.1 million), operating profit jumped by 45% to R3.9 million (2013: R2.7 million), while profit and total comprehensive income for the period was 51% higher at R2.9 million (2013: R1.9 million). Furthermore, headline earnings per share grew to 8.4cps (2013: 5.6cps).



Dividends and capital distribution

No dividend or capital distribution was declared for the period under review.



Group outlook

The continuously changing environment within SilverBridge's target market presents new opportunities as financial service institutions search for ways to reduce cost, improve service to their clients and enter new emerging markets with broader product offerings. The company continues to see financial service providers driving internal efficiencies and differentiating their products as a means to capture and retain market share. SilverBridge remains well positioned to meet these needs.



In SilverBridge's own business they have challenges and risks which they continue to focus on, manage and mitigate. SilverBridge continues to add new clients and strive toward implementing and supporting their solutions in a more effective and efficient manner.



At the same time the company is focused on growing the revenue of the Group. They continue operating within their current business model but they are exploring ways to leverage their competencies in other vertical market segments, with some small success being gained in the pensions industry during the period.



Overall, the outlook for the Group remains positive as the company continues to build their core annuity revenue and strengthen their business around this.
12-Feb-2015
(Official Notice)
Shareholders are hereby advised that, Mr Stuart Blyth CA(SA), MBA has been appointed as an Executive Director of the company with immediate effect.



Stuart?s role will be CEO of the Software solutions business in the group.
02-Feb-2015
(Official Notice)
A review of the financial results for the six month period ended 31 December 2014 by management has indicated that the earnings and headline earnings per share are expected to be between 7.9 cents and 8.9 cents, which is between 41% and 59% higher compared to the earnings and headline earnings per share of 5.6 cents for the six month period ended 31 December 2013.



It is anticipated that the results for the six months ended 31 December 2014 are to be published on SENS on or about 17 February 2015.
10-Dec-2014
(Official Notice)
The board of directors of SilverBridge hereby notifies shareholders that the company has decided to change Designated Advisors to PSG Capital (Pty) Ltd., with the effective date being 1 February 2015.
16-Oct-2014
(Official Notice)
Shareholders are advised that, at the annual general meeting of SilverBridge held, all the resolutions as set out in the notice of the annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 24 532 948, representing 70.53% of the total issued share capital of the same class of SilverBridge shares.

16-Sep-2014
(C)
Revenue for the year increased to R83.8 million (2013: R82.2 million). Results from operating activities soared to R8.3 million (2013: R3.2 million), while profit and total comprehensive income for the year jumped to R5.9 million (2013: R2.3 million). Furthermore, headline earnings per share grew to 17cps (2013: 7.6cps).



Dividend

No dividend or capital distribution was declared for the year under review.



Outlook

The changing environment within SilverBridge's target market continues to present new opportunities as financial service institutions search for ways to reduce cost, improve service to their clients and enter new emerging markets. The company continues to see financial service providers driving internal efficiencies and differentiating their products as a means to capture and retain market share. SilverBridge remains well positioned to meet these needs.



In SilverBridge's own business they have challenges and risks which they continue to focus on, manage and mitigate. The company is mitigating some of their risk by gearing up partners to implement their software, while also managing the risk in their own current large implementation. SilverBridge continue to add new clients and strive toward implementing and supporting their solutions in a more effective and efficient manner.



At the same time the company is focused on growing the revenue of the Group. The company continues operating within their current business model but they are also exploring ways to leverage their competencies in other market segments. Overall, the outlook for the Group remains positive as they continue to build their core annuity revenue and strengthen their business around this.



Notice of AGM

The Annual General Meeting of the Company will be held at 10:00 on Thursday, 16 October 2014 at the registered office of SilverBridge, 495 Prieska Street, Erasmuskloof, Pretoria, to transact the business as stated in the notice of the Annual General Meeting, which is contained in the Integrated Annual Report to be distributed on or about 17 September 2014.
29-Aug-2014
(Official Notice)
A review of the financial results for the year ended 30 June 2014 by management has indicated that the earnings per share and headline earnings per share are expected to be between 16.4 cents and 17.7 cents, compared to the earnings per share of 6.7 cents and the headline earnings per share of 7.6 cents for the year ended 30 June 2013.



SilverBridge's financial results are expected to be released on SENS on or about 16 September 2014.
26-Jun-2014
(Official Notice)
The board of directors of SilverBridge notified its shareholders that Ms Jocobeth Chikaonda has been appointed as a non-executive director with effect from 25 June 2014.
25-Feb-2014
(C)
Revenue for the interim period fell by 6% to R39.1 million (R41.7 million). Operating profit jumped more than 200% to R2.7 million (R0.8 million). Profit for the period shot up to R1.9 million (R0.5 million). Furthermore, headline earnings per share increased to 5.6cps (1.3cps).



Dividends and capital distribution

No dividend or capital distribution was declared for the period under review.



Group outlook

The changing environment within the company's target market continues to present new opportunities as financial service institutions search for ways to reduce costs and improve service to their clients. The group continues to see financial service providers driving internal efficiencies and differentiating their products as a means to capture and retain market share. remains well positioned to meet these needs.



In the group's own business there are challenges and risks which we will continue to focus on, manage and mitigate. SilverBridge continues with the challenge of gearing up an implementation partner to carry out large implementations of its software. The group also carefully managing the risks of its own current large implementation.



Nevertheless, the outlook for the group remains positive. Building its annuity revenue remains an ongoing goal. Making implementations simpler and improving quality for SilverBridge and its partners will support this goal. SilverBridge continues to actively develop its partner channel and refine the tools and processes to enable efficient delivery. In addition, SilverBridge is engaged in several implementations and remains active in securing new business.
14-Feb-2014
(Official Notice)
The board of directors of SilverBridge ("the board") notified its shareholders that Mr Litha Gcwabe has resigned from the board with effect from 13 February 2014, following his resignation from Kagiso Tiso Holdings Ltd., a major shareholder in SilverBridge.
31-Jan-2014
(Official Notice)
Accordingly, a review of the financial results for the six month period ended 31 December 2013 by management has indicated that the earnings and headline earnings per share is expected to be between 5.30 cents and 5.85 cents, compared to the earnings per share of 1.34 cents and the headline earnings per share of 1.28 cents for the six month period ended 31 December 2012. Silverbridge's financial results are expected to be released on SENS on or about 25 February 2014.
25-Oct-2013
(Official Notice)
Shareholders are advised that, at the annual general meeting of SilverBridge held on 25 October 2013, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The special resolutions will be submitted for registration at the Companies and Intellectual Property Commission in due course.
24-Oct-2013
(Official Notice)
Shareholders were referred to the cautionary announcement dated 11 September 2013. The board is not aware of any progress made in negotiations between certain shareholders and accordingly caution is no longer required to be exercised when dealing in the company's securities.
17-Sep-2013
(C)
Revenue decreased to R82.2 million (R82.6 million). Results from operating activities showed a profit of R3.2 million (loss of R4.1 million). A net attributable profit of R2.3million (loss of R6.6 million) was recorded. In addition, headline earnings per share of 7.56cps (headline loss per share 16.93cps) was made.



Dividend

No dividend or capital distribution was declared for the period under review.



Annual general meeting

Notice is hereby given that the Annual General Meeting of the Company will be held at 10:00 on Friday, 25 October 2013 at the registered office of SilverBridge, 495 Prieska Street, Erasmuskloof, Pretoria, to transact the business as stated in the notice of the Annual General Meeting, which is contained in the Integrated Annual Report to be posted to shareholders on or about 17 September 2013.



Outlook

The changing environment within our target market continues to present new opportunities as financial service institutions search for ways to reduce costs and improve service to their clients. We continue to see financial service providers driving internal efficiencies and differentiating their products as a means to capture and retain market share. SilverBridge remains well positioned to meet these needs. In our own business we have challenges and risks which we will continue to focus on and mitigate. Specifically key challenges lie in getting an implementation partner into a position to do large implementations, as well as managing the risks in our own current large implementation in Nedgroup Life. However, despite the above, the outlook for the Group remains positive. Building our annuity revenue remains an ongoing goal. Making implementations simpler and improving quality for us and our partners will support this goal. We continue to actively develop our partner channel and refine the tools and processes to enable efficient delivery. In addition, we are engaged in several implementations and active in securing new business.





12-Sep-2013
(Official Notice)
The board of directors of SilverBridge notified its shareholders that Mr Lee Kuyper CA(SA), an executive director of SilverBridge, will also assume the role of Financial Director of the company with effect from 11 September 2013. As such Mr Jaco Swanepoel, the Chief Executive Officer of the Company, is no longer fulfilling the role of acting Financial Director.
11-Sep-2013
(Official Notice)
Shareholders are advised that the board has become aware of discussions between certain shareholders. Should these discussions progress it may have an impact on the share price. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities, until a further announcement is made.

02-Sep-2013
(Official Notice)
A review of the financial results for the year ended 30 June 2013 by management has indicated that the earnings per share is expected to be between 6 cents and 7 cents and the headline earnings per share is expected to be between 7 cents and 8 cents, compared to the loss per share of 19.04 cents and the headline loss per share of 16.93 cents for the year ended 30 June 2012. SilverBridge's financial results are expected to be released on SENS on or about 16 September 2013.
25-Feb-2013
(C)
Revenue for the interim period ended 31 December 2012 lowered to R41.7 million (2011: R47.6 million). Operating profit more than halved to R827 000 (2011: R3.1 million), while profit and total comprehensive income for the period fell to R466 000 (2011: R2.1 million). Furthermore, headline earnings per share lowered to 1.28cps (2011: 6.13cps).



Dividends and capital distribution

No dividend or capital distribution was declared for the period under review.



Outlook

The ever changing environment within SilverBridge's target market continues to present new opportunities as financial service institutions search for ways to reduce costs and improve services to their clients. SilverBridge continue to see financial service providers increasing their focus on improving relationships with their clients, driving internal efficiencies and differentiating their products as a means to capture and retain market share. SilverBridge remains well positioned to meet these needs.



The outlook for the Group remains positive. Building annuity revenue remains an ongoing goal that depends on how well the company and their partners understand and empower their clients. Making implementations simpler and improving quality for the company and their partners will support this goal. SilverBridge is actively developing their partner channel and investing in the tools and processes to enable efficient delivery. In addition, they continue to be engaged in several major implementations and secure new business.
05-Feb-2013
(Official Notice)
A review of the interim financial results for the six month period ended 31 December 2012 by management has indicated that the earnings per share and headline earnings per share are expected to be between 1.1 cents and 1.3 cents, compared to the earnings per share of 5.9 cents and the headline earnings per share of 6.1 cents for the six month period ended 31 December 2011. Although the results are down from the corresponding interim period there has been a turnaround from the losses in the second half of the last financial year. SilverBridge's interim financial results are expected to be released on SENS on or about 26 February 2013.
18-Jan-2013
(Official Notice)
The board of directors of SilverBridge notified its shareholders that Mr Jaco Maritz has resigned as financial director of the Company with effect from 28 February 2013. Jaco will remain with the Group until the end of February at which time he will present his last set of interim results. Shareholders will be notified of developments regarding his replacement in due course.
14-Nov-2012
(Official Notice)
The board of directors of SilverBridge (the board) hereby notifies its shareholders that Mr Dingalethu Madubela (Dinga) has resigned as a non-executive director of the company with immediate effect, following his resignation earlier this year from Amabubesi Capital Pty Ltd (Amabubesi), a major shareholder in SilverBridge. In addition, the board is pleased to advise shareholders of the appointment of Mr Hasheel Govind as a non-executive director of the company with immediate effect.
01-Nov-2012
(Official Notice)
The board of directors of SilverBridge notified its shareholders that Ms Sandra Duetsch has resigned as non-executive director of the company with immediate effect.
26-Oct-2012
(Official Notice)
Shareholders were advised that, at the annual general meeting of SilverBridge, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders, with the exception of ordinary resolution number 7, "General authority to issue ordinary shares, and to sell treasury shares, for cash" which was withdrawn prior to voting at the meeting. The special resolutions will be submitted for registration at the Companies and Intellectual Property Commission in due course.
25-Sep-2012
(C)
SilverBridge's results for the first time since the company changed its year-end to June each year for a twelve month period and are therefore incomparable to any prior results. Revenue amounted to R82.6 million. Results from operating activities showed a loss of R4.1 million. A net attributable loss of R6.6 million was recorded. In addition, a headline loss per share of 16.93cps was made.



Annual general meeting

The annual general meeting of SilverBridge will be held at Unit EG001, Sandhurst Office Park, Cnr Katherine - Rivonia Rd, Sandton, on 26 October 2012, 10:00.



Outlook

The changing environment within our target market continues to present new opportunities as financial service institutions search for ways to reduce costs and improve services to their clients. SilverBridge continues to see financial service providers increasing their focus on improving relationships with their clients, driving internal efficiencies and differentiating their products as a means to capture and retain market share. SilverBridge remains well positioned to meet these needs with the extensive intellectual property that resides in systems, people and strategic partnerships.



The outlook for the group remains positive. Annuity revenue remains a strong pillar for growth. Building it is an on-going goal that depends on how well we understand and empower our clients. The ability to make implementations simpler and improve quality is important. The company is engaged in several implementations and are actively securing new business.
06-Sep-2012
(Official Notice)
The board of directors of Silverbridge notified its shareholders that Mr Lee Kuyper has been appointed as an executive director with effect from 5 September 2012.
31-Aug-2012
(Official Notice)
A review of the financial results for the year ended 30 June 2012 by management has indicated that the loss per share is expected to be between 15 and 22 cents and the headline loss per share is expected to be between 12 and 19 cents, compared to the loss per share of 71.47 cents and the headline earnings per share of 8.49 cents for the year ended 30 June 2011. SilverBridges's financial results are expected to be released on SENS on or about 25 September 2012.
15-Jun-2012
(Official Notice)
The board of directors of Silverbridge notified its shareholders that Mr Litha Gcwabe has been appointed as a non-executive director with effect from 13 June 2012.
27-Feb-2012
(C)
The group has changed its year end to 30 June to be more closely aligned to the natural selling and delivery cycles of the business and to facilitate more efficient planning and budgeting processes. This is the first time the group is reporting on the six month interim results for the period ending 31 December.



Revenue for the interim period ending December 2011 amounted to R47.6 million. Operating profit was recorded at R3.1 million, while profit attributable to equity holders amounted to R2.1 million. Headline earnings per share was at 6.1cps.



Dividend

No dividend or capital distribution was declared for the period under review.



Prospects

The changing environment within our target market continues to present new opportunities as financial service institutions search for ways to reduce costs and improve services to their clients. We continue to see financial service providers increasing their focus on improving relationships with their clients, driving internal efficiencies and differentiating their products as a means to capture and retain market share. SilverBridge remains well positioned to meet these needs.



The outlook for the Group remains positive. The group has been restructured, refocused, simplified and in the process the overall cost structure of the group was reduced. Our ability to make implementations simpler and improve quality is key to delivering solutions. We are busy with some major implementations and are also securing new business. Building our annuity revenue is an ongoing goal and our focus is therefore directed at understanding and empowering our clients and on effective implementations.
15-Feb-2012
(Official Notice)
A review of the interim financial results for the six month period ended 31 December 2011 by management has indicated that the earnings per share is expected to be between 5.6 cents and 6.3 cents and the headline earnings per share is expected to be between 5.8 cents and 6.5 cents. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. SilverBridge's interim financial results are expected to be released on SENS on or about 27 February 2012.
25-Nov-2011
(Official Notice)
SilverBridge notified its shareholders that Mr Andile Sangqu has resigned as chairman and non-executive director of the company with effect from 31 December 2011. Ms Sphelele Sangweni, an alternate director to Andile, will as a result of Andile's resignation also resign from the board with effect from 31 December 2011. The nomination committee, along with discussions with a major shareholder, Kagiso Tiso Holdings, is reviewing the board composition following the changes to the board. In addition, the board notified shareholders that Mr Robert Emslie, an independent non-executive director of the company, has been appointed as chairman of the board with effect from 1 January 2012.
19-Oct-2011
(Official Notice)
Shareholders were advised that, at the annual general meeting of SilverBridge held on 19 October 2011, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
19-Sep-2011
(C)
SilverBridge changed its year-end to June each year from February, therefore these results are for a sixteen month period and the comparative for twelve months. Revenue was R121 million (R106.5 million) and results from operating activities became a loss of R3 million (profit of R21.7 million). A net attributable loss of R24.8 million (profit of R13.5 million) was recorded. In addition, headline earnings per share came in at 8.49c (39.74cps).



Annual general meeting

The annual general meeting of SilverBridge will be held at Unit EG001, Sandhurst Office Park, Cnr Katherine - Rivonia Rd, Sandton, on 19 October 2011, 10:00.



Outlook

Building the annuity revenue base remains an ongoing goal and depends on how well the group understands and empower clients and how effectively it implements solutions. Extensive intellectual property resides in our systems and people. The group has redesigned the operating model to better retain, transfer and leverage knowledge.



The changing environment within the target market presents new opportunities as financial service institutions search for ways to reduce costs and improve services to their clients. Management sees financial service providers increasing their focus on improving relationships with their clients, driving internal efficiency and differentiating their products as a means to capture and retain market share. SilverBridge's offerings are well positioned to meet these needs. The outlook for the group remains positive. Annuity revenue remains a strong pillar for growth.
16-May-2011
(C)
Revenue declined by 13% to R92.9 million (R106.5 million). An operating loss of R12.6 million (profit of R13.5 million) was made. In addition, a headline loss of 4cps (earnings of 39.7cps) was recorded. (SilverBridge changed its year-end to June each year from February, therefore these interim results are for a twelve month period.)



Prospects

Building the annuity revenue base remains an ongoing goal and depends on how effectively the company understands and empowers clients. The lessons learnt from the past year are now embedded in the project approach and improvements to the intellectual property base.



The changing environment within the company's target market is creating new opportunities as financial service institutions search for ways to reduce costs and improve services to their clients. Management sees financial service providers increasing their focus on improving relationships with their clients. SilverBridge's offerings are well positioned to meet these needs.



The outlook for the group remains positive. Annuity revenue remains a strong pillar for growth. The corrective actions taken during this period have better positioned the group for future growth from a solid base.
21-Apr-2011
(Official Notice)
Following the change in the company's year end from February to June as announced on SENS on 15 March 2011, a review of the interim financial results for the twelve month period ended 28 February 2011 by management has indicated that the headline loss per share is expected to be between 2 and 6 cents and the loss per share is expected to be between 34 and 38 cents compared to the headline earnings per share of 39.7 cents and the earnings per share of 39.8 cents for the 12 month period ended 28 February 2010. The earnings per share includes impairment of goodwill of 32 cents for the 12 month period to 28 February 2011. Impairment of goodwill is excluded from headline earnings. SilverBridge's financial results are expected to be released on SENS on or about 17 May 2011.
15-Mar-2011
(Permanent)
SilverBridge has changed its year-end from the end of February to the end of June.
15-Mar-2011
(Official Notice)
Shareholders are hereby notified that the year-end of SilverBridge has been changed from the end of February to the end of June. The two primary motivating factors which were considered by the board of directors to effect the change are firstly, a June year-end will be more closely aligned to the natural selling and delivery cycles of the business, and secondly, the change will facilitate improved and more efficient planning and budgeting processes. The change in year-end means that SilverBridge will report, as a second interim report, reviewed results for the 12 months to February 2011 in May 2011, and audited results for the 16 months to June 2011 in September 2011.
18 Jan 2011 17:04:48
(Official Notice)
The board of directors ("the board") of SilverBridge notified its shareholders that Mr Robert Reinhardt Emslie has been appointed as an independent non-executive director of the company, with effect from 17 January 2011.
19 Oct 2010 17:46:35
(C)
Revenue for the interim period grew by 2 % to R52 million (2009: R51 million), while profit before taxation declined to R2 million (2009: R9 million). Total comprehensive income attributable to equity holders of the company fell to R1 million (2009: R5 million). Furthermore, headline earnings per share plummeted by 78% to 3.3cps (2009: 15.0cps).



Dividend

No dividend or capital distribution was declared for the interim period under review. It is the policy of the group is to consider dividend payments or capital distributions at the end of the financial year.



Outlook

The strategy at SilverBridge remains focused on building the group's annuity revenue base. Annuity income consists of software rental and contracted support revenue. These are driven and preceded by consulting, implementation and customisation engagements. The financial crisis has led to challenging current economic conditions as was expected. Within consulting, the group has seen a shift from high-value long-term engagements towards smaller, price sensitive opportunities. Clients' decision cycles have lengthened with more assurance work required before final decisions are made, thus increasing pre-sales costs. However, the environment has also led to new opportunities as financial service institutions search for ways to reduce costs and improve services to their customers. SilverBridge's offerings are well positioned to meet these needs. Despite the challenging and competitive environment, the group sees numerous positive opportunities. The outlook remains positive. The company's annuity revenue creates a base for the group to grow and the group has taken the view that they need to protect their revenue streams. SilverBridge has therefore supported their clients to resolve problems in their environments. The corrective actions they have taken this period have aligned their group better to current market requirements and should improve delivery capability and financial performance.
12 Oct 2010 10:26:37
(Official Notice)
SilverBridge is currently finalising its interim results and in this regard, shareholders are advised that reported earnings per share and headline earnings per share for the six months ended 31 August 2010 are expected to be between 3.0 cents and 3.5 cents compared to an earnings per share of 15.3 cents and a headline earnings per share of 15.0 cents for the six months ended 31 August 2009. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. SilverBridge's interim financial results are expected to be released on SENS on or about 26 October 2010.
16 Jul 2010 10:54:16
(Official Notice)
The board of directors of SilverBridge notified its shareholders that Mr Dinga Madubela has been appointed as a non-executive director of the company, with effect 14 July 2010. Dinga replaces Ms Nthabiseng Mokone, who resigns as a non-executive director of the company, with effect 14 July 2010.
25 Jun 2010 12:41:35
(Official Notice)
The board of directors of SilverBridge ("the Board") hereby notifies its shareholders that Mr David Smollan, a non-executive director, retired by rotation at today's annual general meeting, and although being eligible for re- election, did not offer himself up therefore due to time constraints. David is consequently, with effect from 25 June 2010, no longer a director of the company. He, however remains on the board of directors of SDT Financial Software Solutions (Proprietary) Limited, a subsidiary of the company.



Furthermore, shareholders are advised that, at the annual general meeting of SilverBridge held today, all the ordinary resolutions and the special resolution as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The special resolution will be submitted for registration at the Companies and Intellectual Property Registration Office in due course.

11 May 2010 08:52:41
(C)
Revenue increased to R106.5 million (R70.6 million). Operating profit rose to R21.7 million (R9.3 million) and net attributable profit more than doubled to R13.5 million (R6.2 million). In addition, headline earnings on a per share basis surged to 39.74cps (18.78cps).



Dividend

A ordinary final dividend of 5cps has been declared.



Annual general meeting

The annual general meeting of SilverBridge will be held at Unit EG001, Sandhurst Office Park, corner Katherine and Rivonia Road, Sandton, at 10:00 on 25 June 2010, to transact the business as stated in the notice of annual general meeting included in the annual report which will be posted to shareholders on or about 28 May 2010.



Outlook

It has been a very successful year for SilverBridge, not only in presenting a turnaround in the financial results, but also in its improved positioning and market share. The group's outlook for the 2011 financial year is positive, but not without challenges and risks.



The economic downturn is likely to have some residual effects on industry and markets. SilverBridge has taken this into account in business plans and the general approach. Management is conservative in its growth objectives but will take into consideration suitable opportunities. The group enters the new financial year with an overflow of project transactions concluded in the preceding financial year, stable software rental and support annuity revenue streams and expansion of consulting services in the banking industry. As such, SilverBridge's prospects remain sound for the year ahead.
21 Apr 2010 10:49:02
(Official Notice)
A review of the financial results for the twelve months ended 28 February 2010 by management has indicated that the earnings and headline earnings per share are expected to be between 37.0 cents and 40.5 cents compared to an earnings per share of 18.7 cents and a headline earnings per share of 18.8 cents for the twelve months ended 28 February 2009.
29 Jan 2010 10:04:39
(Official Notice)
Shareholders are hereby advised that SilverBridge has appointed Merchantec Capital as designated adviser to the company, with effect from 18 February 2010.
25 Jan 2010 16:12:56
(Official Notice)
Mr Rowan Williams has resigned as alternate director to David Smollan with effect from 20 January 2010.
08 Dec 2009 07:54:02
(Official Notice)
The board of SilverBridge announced that the group has reached agreement, through its wholly owned subsidiary Tiespro 181 (Pty) Ltd, to purchase the Acczone Academy business and the Acczone Software business from Grayston Technology Investments (Pty) Ltd. Tiespro 181 (Pty) Ltd will change its name to Acczone Systems (Pty) Ltd. The effective date of the acquisition is 1 December 2009.



There are no outstanding conditions precedent to the acquisition.



Shareholders are referred to the cautionary announcement published on SENS on 26 October 2009. By virtue of the conclusion of the acquisition on the terms referred to in this announcement, caution is no longer required to be exercised by shareholders when dealing in their Silverbridge shares.
26 Oct 2009 17:20:47
(C)
Revenue increased by 71% from R29.7 million to R51.0 million in 2009. Profit before taxation increased to R8.9 million (2008:R3.5 million).Profit attributable to ordinary shareholders increased to R5.1 million (R2.1 million). Headline earnings on a per share basis increased to 15.02cps (6.43cps).



Dividends per share

No dividends were declared for the period under review.



Prospects

The group expects that pressure in the local and international financial services industry will continue to present opportunities. The pressure on financial institutions to reduce costs creates a demand for niche software applications that enables lower administration costs for the client. At the same time the evolution of financial services in Africa still presents an exciting opportunity for SilverBridge. The board of directors remains positive in its outlook for SilverBridge. The group's fundamentals are sound and are supported by products and services that are well positioned to capitalise on market conditions. The group's annuity revenue provides a foundation for future growth. The group will continue to explore new business opportunities and prospects for expansion. The group follows an income led approach where we only increase capacity and related costs once there is reasonable certainty that new contracts will be concluded. This will, however, not be done to the detriment of the delivery capability and sustainability of the group. Client service and retention will remain key focus areas.
13 Oct 2009 15:18:51
(Official Notice)
Shareholders are advised that the group's earnings per share and headline earnings per share for the six months ended 31 August 2009 are expected to be between 14.6c per share and 15.9c per share compared to the previously reported corresponding period of 6.43c per share. The financial information contained in this announcement has not been reviewed or audited by the company's external auditors. SilverBridge results for the six months ended 31 August 2009 will be published on or about 27 October 2009.
11 Aug 2009 09:02:43
(Official Notice)
Silverbridge Holdings Ltd and Freda du Toit jointly wish to announce that Freda Du Toit has ended her contractual relationship with the Silverbridge Group with effect from 1 August 2009. Freda will also resign from the boards of directors of Silverbridge and its subsidiary SDT Financial Software Solutions (Pty) Ltd. Freda's role in the Silverbridge Group has changed over the last year, as she has become less involved in the management of the companies in the group and she also wants to explore new business ventures. Freda has helped to build Silverbridge and SDT over the last fourteen years.
03 Jul 2009 13:18:01
(Official Notice)
Shareholders are advised that the ordinary resolutions and the special resolution proposed at the AGM of the company held on Friday, 3 July 2009, were approved unanimously by the requisite majority of shareholders present and voting in proxy. The special resolution will be lodged with the registrar of Companies and Intellectual Property Registration Office, for registration in due course.
05 May 2009 09:05:15
(C)
Revenue increased by 18% to R70.5 million, supported by the acquisition of ONZ, which contributed R17.5 million. The group's operating segments performed well with the exception of the implementation segment resulting in EBIT decreasing by 31% to R9.2 million. A capital distribution of R4 903 500 was approved by shareholders on 4 July 2008 and paid on 8 August 2008. Given the current economic turmoil and uncertainty of the impact thereof together with the group's stated intention to expand its offering through acquisition and investment in own software development, the board of directors have resolved not to return any further capital to shareholders at this stage.



Outlook

The structural adjustments and economic pressures in the local and international financial services industry continue to create a sound market for the group. The pressure on costs creates a demand for quality niche software applications that support companies in driving down cost structures and increase their ability to be competitive. The economic development in Africa and resultant evolution of financial services still presents an exciting opportunity for well positioned solution providers like SilverBridge. The group will continue to conservatively explore new business opportunities and opportunities for expansion. A strong income led approach is being followed and capacity and costs will only increase once there is a reasonable certainty that contracts are going to be concluded. This will however not be done to the detriment of the intellectual capability, delivery capability and sustainability of the group. Client service and retention will remain a key focus for the group.
20 Mar 2009 15:03:13
(Official Notice)
Shareholders are advised that the group's earnings per share and headline earnings per share for the twelve months ended 28 February 2009 are expected to be between 25% and 45% lower compared to the previously reported corresponding period. SilverBridge's results for the twelve months ended 28 February 2009 will be published on or about 5 May 2009.
27 Feb 2009 14:33:10
(Official Notice)
Silverbridge is currently considering the appointment of a new representative of Metropolitan Holdings Ltd. In compliance with paragraph 3.59 of the listings requirements of the JSE Ltd, notification is hereby given that: Mr. Tyrrel Craig Murray, a General Manager in group finance and Investor Relations at Metropolitan Holdings Ltd, was appointed as a non executive director to the board of Silverbridge with effect from 25 February 2009.
27 Jan 2009 08:40:07
(Official Notice)
Mr. Justin van den Hoven has resigned as non-executive director of the board of Silverbridge with effect from 23 January 2009.Silverbridge is currently considering appointing a new representative of Metropolitan to the board.
04 Nov 2008 10:29:24
(C)
Revenue increased by 18.8% to R29.7 million (R25 million) in comparison with the corresponding period of the prior year. However, net profit attributable to ordinary shareholders declined by 15% to R2.1 million (R2.5 million). Earnings per share and headline earnings per share have decreased by 15.73% to 6.43cps compared to the comparative earnings and headline earnings per share of 7.63cps.



Dividend

No dividend has been declared.



Outlook

The outlook for the second half of the financial year remains positive. The inclusion of ONZ in the group unlocks new opportunities in the life assurance and banking sectors. The sales pipeline of SDT remains strong especially in the medium size market. The current crisis mentality in the financial markets might slowdown decision making in the market for the short term, but no clear trend is emerging yet.



In the medium term, the structural adjustments and economic pressures in the local and international financial services industry continue to create a sound market for the group. The pressure on costs creates a demand for quality niche software applications that support companies in driving down cost structures and increase their ability to be competitive. The economic development in Africa and resultant evolution of financial services still presents an exciting opportunity for well positioned solution providers, and the group expects continued growth on the continent. The group is constantly seeking out reputable companies for acquisition and incorporation into the group, in order to expand and grow the SilverBridge footprint.
07 Oct 2008 09:14:44
(Official Notice)
Mr Jeremy de Villiers has been appointed as a non-executive director with effect from 2 October 2008. Mr. Jeremy de Villiers is a qualified Chartered Accountant. He has over ten years experience in Investment Banking and Corporate Finance as a senior advisor and dealmaker. He advised numerous listed companies - including Cape Empowerment Trust, on mergers, acquisitions, disposals, funding and growth strategies, BEE, corporate restructurings, capital raising and JSE compliance.



Mrs Sphelele Sangweni has been appointed as an alternate director to the Chairman, Mr. Andile Sangqu. Mrs Sphelele Sangweni is a qualified Chartered Accountant. She has extensive experience in risk return regulatory accountancy and lectured at the University of the Witwatersrand from 2005 - 2007. She currently serves on the board and the audit committee of Bell equipment sales SA Limited as a non-executive director.



Mrs Freda du Toit, who was previously an executive director, will henceforth fulfill the role of a non-executive director. She will consult to the group and remain fully involved in the strategy and business development but will no longer be responsible for the day to day operational management. Freda will remain a major shareholder of the group.
29 Jul 2008 17:09:41
(Official Notice)
The board of SilverBridge is pleased to advise shareholders that Ms Sandra Duetsch has been appointed as an executive director to the board of SilverBridge with effect from 24 July 2008. Ms Duetsch has 25 years of experience in the IT industry, focusing primarily in the banking sector and 12 years as managing director of Ones - Zeros Professional Services (SA) (Pty) Ltd.
16 Jul 2008 17:13:08
(Official Notice)
Shareholders are advised that, as a result of the approval of the special resolution to make general payments to shareholders at the AGM held on 4 July 2008, the board has resolved to make a capital reduction distribution to ordinary shareholders from the company's share premium account amounting to 14.60 cents per ordinary share ("the capital distribution"). The following salient dates will be applicable:

*Last date to trade "cum" the capital distribution -- Friday, 1 August 2008

*Trading commences "ex" the capital distribution -- Monday, 4 August 2008

*Date of payment -- Monday, 11 August 2008

Share certificates may not be dematerialised or rematerialised between Monday, 4 August 2008 and Friday, 8 August 2008, both dates inclusive.
07 Jul 2008 13:30:37
(Official Notice)
Shareholders are advised that all of the ordinary and a special resolutions proposed at the AGM of the company held on Friday, 4 July 2008, were approved by the requisite majority of shareholders present and voting in proxy. The special resolutions will be lodged with the registrar of Companies and Intellectual Property Registration Office, for registration in due course.
03 Jul 2008 17:28:54
(Official Notice)
Shareholders are referred to an announcement dated 18 June 2008, regarding the acquisition of 51% of the shares in Ones `N Zeros Professional Services (SA) and are advised that all conditions precedent have been met. The company is in the process of implementing the transaction.
18 Jun 2008 07:24:49
(Official Notice)
The board of SilverBridge announced that the company has reached agreement with Sandra Duetsch and Amanda Newell for the acquisition of 51% of the shares in Ones 'N Zeros Professional Services (SA) (Pty) Ltd for a purchase consideration of R11.1 million. SilverBridge will have an option to purchase the remaining 49% stake in the business. The effective date of the acquisition is the first day of the calendar month following the date on which all the conditions precedent are fulfilled.



Withdrawal of cautionary announcement

Shareholders are referred to the cautionary announcement published on SENS on 28 May 2008. By virtue of the conclusion of the acquisition on the terms referred to in this announcement, caution is no longer required to be exercised by shareholders when dealing in their securities.
06 Jun 2008 16:39:49
(Official Notice)
Shareholders are advised that the annual financial statements of the company for the year ended 28 February 2008 were posted on Friday, 6 June 2008 and there are no changes to the abridged annual financial results which were released on SENS on 6 May 2008.



Notice is hereby given that the annual general meeting of SilverBridge will be held in the boardroom at First floor, Castle View North, 495 Prieska Street, Erasmuskloof, Pretoria, 0048 at 10:00 on Friday, 4 July 2008. The notice of annual general meeting is detailed in the annual report, which contains the abovementioned annual financial statements of the company.
28 May 2008 17:36:47
(Official Notice)
Further to the cautionary announcement dated 29 February 2008 and 16 April 2008, shareholders are advised that SilverBridge negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
06 May 2008 17:30:57
(C)
The group's results for the year exceeded the profit forecast published in the circular dated 6 November 2006. Basic earnings per share and headline earnings per share exceeded the forecast by 10.55% and 10.84% respectively. The group is cash generative and cash balances at the end of the year were R12.63 million (16.39 million).



Outlook

The structural adjustments in the local financial services industry continue to create a sound market for the group in South Africa. The market for software in financial services is growing and management foresee a significant increase in the demand for quality niche software applications. The economic development in Africa and resultant evolution of financial services presents an exciting opportunity for well positioned solution providers, and the group expects continued growth on the continent. The group is constantly seeking out reputable companies for acquisition and incorporation into the group, in order to expand and grow the SilverBridge footprint.
30 Apr 2008 10:29:12
(Official Notice)
Ms Nthabiseng Mokone has been appointed as a non-executive director with effect from 23 April 2008. Mr Rowan Williams has resigned from the board as a non-executive director but will remain on the board as an alternate director to Mr David Smollan with effect from 23 April 2008.
16 Apr 2008 14:13:40
(Official Notice)
Shareholders are advised that SilverBridge is busy with negotiations which, if successfully concluded, 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.
29 Feb 2008 16:59:25
(Official Notice)
Shareholders are advised that SilverBridge has entered into negotiations, which if successfully concluded, may have a material effect on the price of the company?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement is made.
01 Aug 2006 11:41:12
(Official Notice)
Synergy advised that the proposed reverse-takeover acquisition of SDT, incorporating a reconstitution of the company's activities and a change of name to SilverBridge Holdings Ltd had been delayed due to the incorrect execution of certain historic accounting and company secretarial matters during Dec 05. The company said that it was in the process of rectifying these matters which would have no material commercial impact on the reconstituted group and, other than the delay, were not expected to impact on the implementation of the transaction.
01 Jun 2006 15:14:05
(C)
Shareholders are referred to the announcements detailing the disposal of the company's only operating subsidiary and properties, as well as a change of control, which occurred during the period under review. Shareholders are also referred to the announcement detailing the proposed post year-end reverse- takeover acquisition of SDT Financial Software Solutions (Pty) Ltd. Accordingly, shareholders are advised to be circumspect when making direct comparisons with historic financial results. Synergy, through its wholly-owned subsidiary, Prime Support (Pty) Ltd, focused on providing Accpac ERP Software solutions around software sales, implementation, customisation and associated networking support. However, Prime Support was sold during the financial year and was only consolidated in the group income statement up to the effective date of the selling transaction. The land and buildings were revalued to R1.68 million and transferred to non-current assets held for sale. This left the company as a cash shell at the end of the 2006 financial year awaiting the registration of the transfer of the buildings. The financial results of operations for the year ended 28 February 2006 indicate a decline in gross revenue of 45% to R10.6 million (R19.2 million), which was mainly due to the disposal of Prime Support. Operating costs of R10. 3 million (R15 million) only responded with a lag, which resulted in a loss after taxation of R0.73 million (R200 000 profit). This translated into an attributable loss of 1.3cps (earnings of 0.4c) and a headline loss of 4.0cps (earnings of 0.3cps).



Dividend

No dividends were recommended or declared for the interim period.
01 Jun 2006 15:07:53
(Official Notice)
The cautionary announcement released on SENS on 2 May 2006 has been withdrawn.
31 May 2006 14:47:59
(Official Notice)
Synergy expects to report an attributable loss of between 1.3c and 1.4c per share (earnings of 0.4c) and a headline loss of between 3.9c and 4.1c per share (earnings of 0.3c) for the period ended 28 February 2006. Referring to the disposal of the company's only operating subsidiary and properties, as well as a change of control, which occurred during the period under review and the announcement detailing the proposed post year-end reverse-takeover acquisition of SDT Financial Software Solutions (Pty) Ltd, shareholders are advised to be circumspect when making direct comparisons with historic financial results.
03 May 2006 09:09:32
(Official Notice)
Further to the cautionary announcements dated 7 February and 30 March 2006, Synergy has entered into an agreement with the shareholders of SDT ("the vendors") for the acquisition of the entire issued share capital of SDT ("SDT equity") in consideration for which shares in Synergy will be issued, subject to certain conditions precedent ("the acquisition"). The vendors are in advanced negotiations to onsell a proportion of the consideration shares to a black empowerment partner. Implementation of the acquisition and the BEE transaction will result in Synergy being realigned as a black empowered software holding company and renamed SilverBridge Holdings Ltd. To facilitate the above, its authorised share capital will be increased, its share capital will be consolidated on a 1 for 10 basis, its board of directors will be reconstituted and an application will be made to the JSE to transfer the listing of the company to the Alternative Exchange. The acquisition consideration of R50 000 000 will be settled through the issue of 25 000 000 new ordinary shares in the company at an issue price of 200cps after the consolidation. A further announcement will be made giving the financial effects of the transactions and giving salient dates for the consolidation and the change of name. Until such announcement is made, shareholders are advised to continue to exercise caution in trading in their Synergy shares.

19 Apr 2006 17:53:55
(Official Notice)
Shareholders are referred to the announcement dated 30 December 2005 wherein it was stated that the board of directors of Synergy has been reconstituted by the resignation of certain directors and the appointment of others. Shareholders are advised that Mr A Regenass has agreed to remain on the board as an independent non-executive director.
31 Mar 2006 12:01:33
(Official Notice)
Further to the cautionary announcement released on SENS on 7 February 2006, Synergy shareholders are advised that discussions are still taking place which, if successfully concluded, may have an effect on the price of the company's shares. Synergy shareholders are accordingly advised to continue to exercise caution when dealing in their shares until a further announcement is made.
07 Feb 2006 14:44:38
(Official Notice)
Synergy announced that it appointed Sasfin Capital as sponsor to the company with effect from 1 February 2006.



Discussions are taking place, which, if successfully concluded, may have an effect on the price of the company's shares. Synergy shareholders are advised to exercise caution when dealing in their shares until a further announcement is made.
30 Dec 2005 10:51:34
(Official Notice)
All the resolutions proposed at the general meeting held on 30 December 2005 regarding the disposal by Synergy of Prime Support (Pty) Ltd and its properties were passed by the requisite majority of shareholders either present or by proxy.



Change of control and offer to shareholders

Following the shareholder approval for the disposals, the last condition precedent to the change in control of Synergy to the i capital Consortium has been met, consequently, the offer to shareholders by the i capital Consortium at 8c per Synergy share has become unconditional, and will open on Tuesday, 3 January 2006. The salient dates and times for the offer are (2006):

*Offer opens at 09:00 on Tuesday, 3 January

*Last date to trade -- Friday, 20 January

*Shares trade "ex" the offer -- Monday, 23 January

*Record date -- Friday, 27 January

*Offer closes at 12:00 on Friday, 27 January

*Results of the offer published on SENS and in the press on Monday, 30 January



Board resignations and appointments

As a consequence of the change in control of Synergy, the following directors have resigned from the board of directors, effective 30 December 2005:

* P J Toolan

* A Regenass

* N Plane

* J Smart

* J Brown

The following directors have been appointed to the board of Synergy with effect from 30 December 2005:

* F du Toit

* J Swanepoel

* D L Smollan

* R N Williams
30 Nov 2005 17:00:09
(C)
Synergy, through its wholly owned subsidiary, Prime Support (Proprietary) Ltd ("Prime Support"), focuses on providing Accpac ERP Software solutions around software sales, implementation, customisation and associated networking support. Shareholders should however be aware that this will be the last reporting period in which Prime Support is consolidated due to the imminent disposal of the subsidiary and related properties as set out in the announcement dated 3 August 2005 in terms of which a consortium led by the icapital Growth Fund I has acquired control of Synergy. Once the disposals have been approved by shareholders, Synergy will be classified as a "cash company" by the JSE. It is the intention of the consortium to use its considerable sector specific knowledge and deal flow to acquire suitable assets in the information technology sector that meet the requirements for listing on the JSE, and which will be subject to a pre listing statement being published on any acquisition.



This will be the last financial period that Synergy will be reporting on with the consolidated results of Prime Support, as it is anticipated that this subsidiary will be disposed of following a vote of shareholders in a general meeting to be held on Thursday 12 January 2006. This financial commentary includes the results of Prime Support to 31 August 2005. The Cape Town branch is not yet in the black but continues to gain market share at a steady rate.



The directors review the performance of this branch on a monthly basis and balance the growth with constant cost control measures. The staff complement has recently been restructured and the profitability of the branch is expected to improve next year. A presence has been established in the North West Province and all costs relating to this have been expensed. Synergy have attained a fair number of good quality clients and this branch will contribute positively to the 2006/2007 financial year. The operational costs related to the Johannesburg office are being reduced through a restructuring plan that is currently in process. Disposal of Prime Support, disposal of Synergy's properties change of control and offer to shareholders
11 Nov 2005 15:51:09
(Official Notice)
Shareholders are referred to the change in control announcement dated 3 August 2005, wherein it was announced that control of Synergy would change to the icapital Growth Fund I, acting on behalf of a consortium. The preparation of the circular to shareholders was delayed due to a legal claim against Synergy, which claim has subsequently been withdrawn by the claimant. The circular is now awaiting the approval of the JSE and the Securities Regulation Panel, which approvals are expected within the next 14 days.
11 Nov 2005 15:48:22
(Official Notice)
Following the preparation of the interim results for the period ended 31 August 2005, which are being reviewed by the company's auditors, shareholders are advised that Synergy's results in relation to headline earnings per share for the period ended 31 August 2005 will be between 90% and 100% lower, when compared to the prior comparative period. The main reasons for the decrease in earnings are:

*ongoing losses attributable to the Cape Town branch;

*costs associated with the establishment of the North West branch; and

*increased operational and marketing costs.

The Synergy board is presently finalising the company's results for the period ended 31 August 2005, which will be published on or about 18 November 2005.





27-Nov-2017
(X)
The Group comprises a group of companies providing business solutions to the financial services industry. The Group is a highly specialised information technology and telecommunication (ITC) sector entity focusing on financial services operating in South Africa and Africa.



The Group consists of SilverBridge Holdings Ltd., Rubix Digital Solutions (Pty) Ltd. operating specifically in the long term insurance market, Connect Software Services (Pty) Ltd. the group?s implementation and support division, Cirrus Managed Services (Pty) Ltd., that provides hosting and outsourcing services, and the SilverBridge Employee Share Trust, that acts as custodian for shares which beneficiaries subscribe for and take up under the Share incentive scheme.



SilverBridge Holdings Ltd. is the legal holding company, a strategic investment company and the provider of shared services to the group of companies.
03 Aug 2005 12:21:57
(Official Notice)


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