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20-Oct-2017
(Official Notice)
Shareholders are hereby advised that the Trematon group is currently finalising its annual financial results for the year ended 31 August 2017.



Trematon is an investment holding company and uses earnings, headline earnings and the intrinsic value model to provide management and investors with a realistic and transparent way of evaluating Trematon?s performance. The pro forma financial information has been compiled using a combination of listed market values, external professional valuations, and/or directors valuations, where applicable.



The Trematon group expects:

*basic earnings per share for the year ended 31 August 2017 to be between 133 cents and 135 cents, which is between 483.3% and 492.1% higher than that for the year ended 31 August 2016 ("the previous comparable period?) of 22.8 cents; and

*headline earnings per share (?HEPS?) for the year ended 31 August 2017 to be between 20.2 cents and 20.4 cents, which is between 1088.2% and 1100.0% higher than that of the previous comparable period's HEPS of 1.7 cents; and

*intrinsic net asset value per share for the year ended 31 August 2017 to be between 430 cents and 432 cents, which is between 16.8% and 17.4% higher than that of the previous comparable period?s 368 cents; and

*net asset value per share for the year ended 31 August 2017 to be between 390 cents and 392 cents, which is between 52.9% and 53.7% higher than that of the previous comparable period?s 255 cents.



The increase in earnings and net asset values reflects strong performances across all business units within the group.



Further details will be provided in the final Trematon group results for the year ended 31 August 2017, due to be published on SENS on or about 20 November 2017.



The Financial information on which this trading statement is based has not been reviewed or reported on by the Trematon group's auditors in accordance with either 3.4b(viii)(1)(aa)or 3.4b(viii)(1)(bb)of the Listings Requirements of the JSE Limited.

13-Oct-2017
(Official Notice)
Shareholders are referred to the cautionary announcement dated 14 September 2017 and are advised that as the negotiations referred to therein have been terminated caution is no longer required to be exercised by shareholders when dealing in the securities of the company.
14-Sep-2017
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded, may have a material effect on the price of Trematon?s securities.



Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a full announcement is made.
20-Jul-2017
(Official Notice)
05-Jul-2017
(Official Notice)
Shareholders are advised that the company has entered into negotiations regarding an investment in a group of companies operating in the United Kingdom, which if successfully concluded, may have a material effect on the price of Trematon?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a full announcement is made.

11-May-2017
(Official Notice)
Trematon shareholders (?Shareholders?) are referred to the circular and notice of general meeting, dated 6 April 2017, relating to the disposal of two properties to West Coast Leisure (Pty) Ltd. (?the Disposal?). Shareholders are advised that at the general meeting held on 11 May 2017, the resolutions were duly approved by the requisite majority of shareholders present.
20-Apr-2017
(C)
Revenue for the interim period jumped to R79.8 million (R63.4 million). Operating profit more than doubled to R124.6 million (R56.0 million). Profit attributable to equity holders shot up to R101.1 million (R19.2 million), Furthermore, headline earnings per share were higher at 1.8cps (loss of 2.3cps).



Shareholder communication

The group commenced with an enhanced shareholder communication initiative in the last quarter of 2016. The purpose of this process is to keep current shareholders appropriately informed and to raise the group's profile amongst the investment community so that the market price reflects the latest developments, and that trading in the share is made easier for those shareholders who may wish to buy or sell. This has resulted in a noticeable increase in share trading volumes over the past six months. The group will be holding its first formal results presentation on 20 April 2017 which will be webcast live at 10:00 (SAST) and can be accessed via http://www.corpcam.com/Trematon20042017.
11-Apr-2017
(Official Notice)
Shareholders are advised that Trematon?s earnings per share for the 6-month period ended 28 February 2017 will increase by approximately 421% and headline earnings per share will increase by approximately 179% from the previous comparable interim period ended 29 February 2016 (?previous interim period?). The earnings are expected to be approximately 46.4 cents per share and headline earnings approximately 1.8 cents per share, compared to earnings of 8.9 cents per share and a headline loss of 2.3 cents per share for the previous interim period.



The increase in earnings compared to the previous interim period is mainly a result of the disposal of the Company?s interest in the Mykonos Casino as announced on SENS on 14 November 2016.



The net asset value is expected to increase by approximately 24% to 299 cents per share from 241 cents per share at the previous interim period. The increase in net asset value is mainly due to the sale of the Mykonos Casino that was previously equity accounted and was therefore carried at a value lower than the cash received from the sale. The intrinsic net asset value is expected to decrease by approximately 2% to 361 cents per share from 367 cents per share at the previous interim period. The reason for the decrease is mainly due to changes in the directors valuation of certain property assets.



Trematon?s interim results will be published on or about 20 April 2017.
08-Feb-2017
(Official Notice)
25-Jan-2017
(Official Notice)
The board of directors of Trematon hereby advises that at the annual general meeting of shareholders held on Wednesday, 25 January 2017, the resolutions, as set out in the notice of annual general meeting which was incorporated in the integrated annual report distributed to shareholders on 30 November 2016, were duly approved by the requisite majority of shareholders present (in person or represented by proxy).



The Special Resolutions, where appropriate, will be filed with the Companies and Intellectual Property Commission.



20-Jan-2017
(Official Notice)
Trematon shareholders (?shareholders?) are referred to the circular and notice of general meeting, dated 15 December 2016, relating to the acquisition of a property portfolio from Redefine Properties Ltd. (?the Acquisition?). Shareholders are advised that at the general meeting held today, 20 January 2017, all the resolutions were duly approved by the requisite majority of Shareholders present and voting.
15-Dec-2016
(Official Notice)
Shareholders are referred to the detailed announcement published on SENS on 31 October 2016 wherein shareholders were advised that Trematon had, via Arbitrage Property Fund (Pty) Ltd., trading as Aria Property Fund, its 67% held subsidiary, entered into agreements with Redefine Properties Ltd. for the acquisition of a portfolio of 7 properties for an aggregate purchase consideration of R614 100 000 (?the Acquisition?).



The Acquisition is categorised as a Category 1 transaction in terms of the Listings Requirements of the JSE and requires the approval of Trematon shareholders in general meeting. A circular incorporating a notice convening a general meeting (?Notice?) and setting out information regarding the Acquisition (?Circular?) has been been posted to Trematon shareholders on 15 December 2016, and is available on the company?s website at www.trematon.co.za.



General Meeting

Notice is hereby given that a general meeting of Trematon shareholders will be held at 10:00 on Friday, 20 January 2017 at The Boardroom, 3rd Floor, Aria North Wharf, 42 Hans Strijdom Avenue, Cape Town, at which the resolutions regarding the Acquisition as stated in the Notice which was posted to shareholders today will be proposed.



Record dates

The Circular and Notice was posted to shareholders of the company who were recorded as such in the company's securities register on Friday, 9 December 2015. 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 general meeting is Friday, 13 January 2017. The last day to trade in order to be entitled to vote at the general meeting is Tuesday, 10 January 2017. Proxy forms must be lodged by no later than 10:00 on Wednesday, 18 January 2017.
12-Dec-2016
(Official Notice)
Trematon shareholders are referred to the detailed terms announcement released on SENS on 14 November 2016 wherein they were advised that Trematon had, via Club Mykonos Langebaan Proprietary Limited, its wholly owned subsidiary (?CML?), entered into an informal agreement (?Agreement?) with Tsogo Sun Holdings Limited (?Tsogo?) in terms of which CML would enter into definitive agreements with Tsogo to dispose of its 29.64% interest in West Coast Leisure Proprietary Limited, which holds the West Coast Casino License operated by Tsogo at the Mykonos Casino, for an aggregate consideration of R190 million (?the Disposal?).



In terms of the Agreement the Disposal was subject only to the conclusion of a definitive agreement between the parties on substantially the same terms as the Agreement. Shareholders are advised that such a definitive agreement has been concluded on 9 December 2016 and that the Disposal will accordingly be implemented.



Categorisation

The Disposal is categorised as a Category 2 transaction in terms of the Listings Requirements of the JSE and does not require the approval of Trematon shareholders in general meeting.

28-Nov-2016
(Official Notice)
Shareholders are advised that the company's annual financial statements have been posted to shareholders on 23 November 2016 and is available on the company's website (www.trematon.co.za). The annual financial statements were audited by Trematon's auditors, Mazars Inc. Their unqualified audit report is available for inspection at the company's registered office, 3rd Floor, Aria North Wharf, 42 Hans Strijdom Avenue, Cape Town. The company's annual financial statements contain no modifications to the reviewed condensed consolidated results which were released on SENS on 14 November 2015.



Notice of the Annual General Meeting

Notice is hereby given that the Annual General Meeting of Trematon shareholders will be held at 10:00 on Wednesday, 25 January 2017 at The Boardroom, 3rd Floor, Aria North Wharf, 42 Hans Strijdom Avenue, Cape Town, to transact the business as stated in the Notice of Annual General Meeting which was posted to shareholders on 23 November 2016 and is available on the company's website, together with the company's Integrated Annual Report.
14-Nov-2016
(Official Notice)
14-Nov-2016
(C)
Revenue for the year jumped to R132.6 million (R103.1 million). Operating profit lowered to R110.7 million (R114.2 million). Profit attributable to equity holders almost halved to R49.5 million (R95.2 million). Furthermore, headline earnings per share tumbled to 1.7 cents per share (11.2 cents per share).



Capital reduction distribution

The capital distribution of R8.2 million (3.75 cents per share) which was declared on 7 November 2015 was paid to members on 18 January 2016.



The capital distribution was treated as a return of contributed tax capital to shareholders recorded in the share register of the company at the close of business on 15 January 2016.



On 4 November 2016, subsequent to year-end, the board of directors declared a capital reduction distribution of 4.0 cents per share as a return of contributed tax capital to shareholders recorded in the share register of the company at the close of business on Friday, 27 January 2016.



Annual general meeting

Notice is hereby given that the annual general meeting ("AGM") of the members of Trematon Capital Investments Ltd. will be held in the boardroom on the third floor, Aria North Wharf, 42 Hans Strijdom Avenue, Cape Town on Wednesday, 25 January 2017 at 10:00.
03-Nov-2016
(Official Notice)
Shareholders are hereby advised that the Trematon group is currently finalising its annual final results for the year ended 31 August 2016 (?current year?).



The Trematon group expects:

- basic earnings per share for the year ended 31 August 2016 to be between 22.5 cents and 23.0 cents, which is between 54% and 52% lower than that for the year ended 31 August 2015 ("the previous comparable period?) of 48.4 cents; and

- headline earnings per share (?HEPS?) for the year ended 31 August 2016 to be between 1.5 cents and 1.8 cents, which is between 87% and 84% lower than that of the previous comparable period's HEPS of 11.2 cents; and

- net asset value per share for the year ended 31 August 2016 to be between 253 cents and 257 cents, which is between 8% and 9% higher than that of the previous comparable period?s 235 cents; and

- intrinsic net asset value per share for the year ended 31 August 2016 to be between 370 cents and 365 cents, which is between 2% and 1% higher than that of the previous comparable period?s 362 cents.



The reason for the decrease in earnings is the non-recurrence of certain once-off items which occurred in the previous comparable period, primarily the reclassification of inventory to investment property in terms of IFRS and fair value adjustments on held-for- trading investments that were written down in the current year. Expenses were also incurred during the current year on the expansion of the Generation Education investment and various other investments.



Further details will be provided in the final Trematon group results for the year ended 31 August 2016, due to be published on SENS on or about 14 November 2016.
31-Oct-2016
(Official Notice)
Trematon shareholders are referred to the cautionary announcements released on SENS on 14 July, 29 August and 17 October 2016 and are advised that Trematon has, via Arbitrage Property Fund Pty Ltd., trading as Aria Property Fund, its 67% held subsidiary (?Aria?), entered into agreements (?Acquisition Agreements?) with Redefine Properties Ltd. (?Redefine? or ?the Vendor?) for the acquisition of a total of 7 property letting enterprises together with their related immovable properties (?the Properties?) for an aggregate purchase consideration of R614 100 000 (?the Acquisition?). The Properties are acquired in one indivisible transaction. Redefine is a property entity and is listed on the JSE.



Effective Date

The effective date of the Acquisition is the first business day after the date of fulfilment of all of the conditions precedent as detailed in paragraph 6 below (?Effective Date?). The parties to the Acquisition Agreements will procure that the dates of transfer of the Properties will be as soon as practicably possible after the Effective Date and transfer, in respect of all of the Properties other than Pier Place, is expected to take place on or before 1 January 2017 (?Properties Escalation Date?). The escalation date for Pier Place is 1 March 2017 (?Pier Place Escalation Date?) Should transfer of any Property not take place by the Properties Escalation Date or the Pier Place Escalation Date, as the case may be, the purchase consideration in respect of that Property shall escalate monthly by 0.667% until transfer is effected.



Conditions precedent

The Acquisition is subject to, inter alia, the fulfilment or waiver of the conditions precedent that:

*the parties shall have concluded a loan agreement in respect of the Vendor Loan;

*regulatory approvals necessary for a transaction of this nature, including but not limited to, the approval by the JSE and South African Competition authorities shall have been obtained; and

*Trematon shareholders in general meeting shall have approved the Acquisition Agreements.



Renewal of the Cautionary Announcement

Shareholders are advised that, following this announcement, Trematon is still involved in further discussions which may have a material effect on the price of the Company?s securities and shareholders are accordingly advised to continue to exercise caution when dealing in the Company?s securities.

17-Oct-2016
(Official Notice)
With reference to the cautionary announcements published on SENS on 14 July and 29 August 2016 shareholders are advised that the discussions referred to therein are still in progress and may have a material effect on the price of the company?s securities. Accordingly shareholders are advised to continue to exercise caution when dealing in the securities of the company until a full announcement is made.
29-Aug-2016
(Official Notice)
With reference to the cautionary announcement published on SENS on 14 July 2016 shareholders are advised that the discussions referred to therein are still in progress and may have a material effect on the price of the company?s securities. Accordingly shareholders are advised to continue to exercise caution when dealing in the securities of the company until a full announcement is made.

14-Jul-2016
(Official Notice)
Trematon shareholders are advised that the company has entered into discussions which, if successful, may have a material effect on the price of the company?s securities.



Accordingly shareholders are advised to exercise caution when dealing in Trematon securities until a further announcement is made.



18-Apr-2016
(C)
Revenue for the interim period increased to R63.4 million (R59.5 million). Operating profit jumped to R56.0 million (R28.8 million). Profit attributable to equity holders rose to R19.2 million (R11.6 million). In addition, headline loss per share was 2.3cps (earnings of 4.0cps).
22-Mar-2016
(Official Notice)
Shareholders are advised that Trematon's earnings per share for the 6-month period ended 29 February 2016 will increase by approximately 35% and headline earnings per share will decrease by approximately 158% from the previous comparable interim period ended 28 February 2015 ("previous interim period"). The earnings are expected to be approximately 8.9 cents per share and a headline loss of approximately 2.3 cents per share, compared to earnings and headline earnings of 6.6 cents and 4.0 cents per share respectively for the previous interim period.



The decrease in headline earnings over the previous interim period is a result of fair value adjustments on investment properties purchased in the prior financial year. These properties have been improved and or refurbished and long- term leases signed which resulted in the fair value adjustments being recorded. Fair value adjustments are excluded from headline earnings in terms of IFRS.



The net asset value is expected to increase by approximately 25% to 241 cents per share from 193 cents per share at the previous interim period. The intrinsic net asset value is expected to increase by approximately 12% to 367 cents per share from 326 cents per share at the previous interim period.



The financial information in this trading statement has not been reviewed and reported on by the auditors of the company. Trematon's interim results will be published on or about 18 April 2016.

27-Jan-2016
(Official Notice)
The board of directors of Trematon advised that at the Annual General Meeting of shareholders held on Wednesday, 27 January 2016, the following resolutions, as set out in the notice of Annual General Meeting which was incorporated in the Integrated Annual Report distributed to shareholders on 30 November 2015, 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.
30-Nov-2015
(Official Notice)
Shareholders are advised that the company?s annual financial statements have been posted to shareholders today and will be available on the company's website (www.trematon.co.za)from 12h00 on 30 November 2015. The annual financial statements were audited by Trematon?s auditors, Mazars Inc. Their unqualified audit report is available for inspection at the company?s registered office, 2nd Floor, The Hudson, Hudson Street, Cape Town. The company?s annual financial statements contain no modifications to the reviewed condensed consolidated results which were released on SENS on 13 November 2015.



Notice of the Annual General Meeting

Notice is hereby given that the Annual General Meeting of Trematon shareholders will be held at 10:00 on Wednesday, 27 January 2016 at The Boardroom, 1st Floor, The Hudson, Hudson Street, Cape Town to transact the business as stated in the Notice of Annual General Meeting which was posted to shareholders today and available on the company's website from 30 November 2015, together with the company?s Integrated Annual Report.



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 20 November 2015.



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 January 2016. The last day to trade in order to be entitled to vote at the Annual General Meeting is Friday, 14 January 2016. Proxy Forms must be lodged by no later than 10:00 on Monday, 25 January 2016.
13-Nov-2015
(C)
29-Oct-2015
(Official Notice)
Shareholders are hereby advised that the Trematon group is currently finalising its annual final results for the year ended 31 August 2015.



The Trematon group expects:

* basic earnings per share for the year ended 31 August 2015 to be between 47.2 cents and 48.8 cents, which is between 93% and 99% higher than that for the year ended 31 August 2014 ("the previous comparable period?) of 24.5 cents; and

* headline earnings per share (?HEPS?) for the year ended 31 August 2015 to be between 10.8 cents and 11.5 cents, which is between 151% and 167% higher than that of the previous comparable period's HEPS of 4.3 cents; and

* net asset value per share for the year ended 31 August 2015 to be between 233 cents and 237 cents, which is between 40% and 42% higher than that of the previous comparable period?s 167 cents; and

* intrinsic net asset value per share for the year ended 31 August 2015 to be between 359 cents and 363 cents, which is between 14% and 15% higher than that of the previous comparable period?s 315 cents.



Further details will be provided in the final Trematon group results for the year ended 31 August 2015, due to be published on SENS on or about 18 November 2015.
20-Apr-2015
(C)
Revenue for the interim period jumped to R59.5 million (2014: R31 million), profit attributable to equity holders of the parent was higher at R11.6 million (2014: R11.5 million), while headline earnings per share rose to 4cps (2014: 2.5cps).
02-Apr-2015
(Official Notice)
Shareholders are advised that Trematon?s earnings and headline earnings per share for the 6-month period ended 28 February 2015 will increase by approximately 1.5% and 60% respectively from the previous comparable interim period ended 28 February 2014 (?previous interim period?). The earnings and headline earnings are expected to be approximately 6.6 cents and 4.0 cents per share respectively, compared to 6.5 cents and 2.5 cents per share for the previous interim period. The net asset value is expected to increase by 26% to 193 cents per share from 153 cents per share at the previous interim period. The intrinsic net asset value is expected to increase by 19% to 326 cents per share from 274 cents per share at the previous interim period.



Trematon?s interim results will be published on or about 17 April 2015.
31-Mar-2015
(Official Notice)
26-Feb-2015
(Official Notice)
Shareholders are advised that the company has entered into negotiations regarding an acquisition by the company, which if successfully concluded, may have a material effect on the price of Trematon?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a full announcement is made.
26-Feb-2015
(Official Notice)
Trematon shareholders are referred to the circular and notice of general meeting, dated 28 January 2015, relating to, inter alia, specific issues of shares for cash to various investors including related parties and the amendment of the Trematon Share Incentive Scheme (?Scheme?). Shareholders are advised that at the general meeting held on 26 February 2015, all the resolutions were duly approved by the requisite majority of shareholders present and voting.
21-Jan-2015
(Official Notice)
The board of directors of Trematon hereby advises that at the Annual General Meeting of shareholders held on Wednesday, 21 January 2015, the following resolutions, as set out in the notice of Annual General Meeting which was incorporated in the Integrated Annual Report distributed to shareholders on 28 November 2014, were duly approved by the requisite majority of shareholders present (in person or represented by proxy) and voting.
17-Dec-2014
(Official Notice)
20-Nov-2014
(C)
Operating profit for the year soared to R61.9 million (2013: R26.4 million), while profit attributable to equity holders of the parent lowered to R43.2 million (2013: R51.5 million). Furthermore, headline earnings per share decreased to 4.3cps (2013: 7.5cps).



Special dividend

On 13 November 2014, subsequent to year-end, the board of directors declared a special dividend for the year ended 31 August 2014 of 5.0 cents per share.



Prospects

Trematon's four main areas of operation (Club Mykonos, Arbitrage, Resi and Other Investments) are all in areas which have good deal flow and committed, competent management. The overall deal pipeline is bigger and potentially more lucrative than at any time in Trematon's history and management is currently confident that our benchmark returns can be achieved over the next decade. The scale of these opportunities is such that the group is considering a capital-raising exercise which will be communicated to shareholders in the upcoming months.



Annual general meeting

Notice is hereby given that the annual general meeting ("AGM") of the members of Trematon will be held in the boardroom on the first floor, The Hudson, 30 Hudson Street, Cape Town on Wednesday, 21 January 2015 at 10:00.
11-Nov-2014
(Official Notice)
Shareholders are hereby advised that the Trematon group is currently finalising its annual final results for the year ended 31 August 2014. The Trematon group expects:

* basic earnings per share for the year ended 31 August 2014 to be between 24 cents and 25 cents, which is between 17.8% and 14.4% lower than that of the previous comparable period's 29.2 cents; and

* headline earnings per share ("HEPS") for the year ended 31 August 2014 to be between 4.2 cents and 4.5 cents, which is between 44.0% and 40.0% lower than that of the previous comparable period's HEPS of 7.5 cents; and

* net asset value per share for the year ended 31 August 2014 to be between 165 cents and 168 cents, which is between 10.7% and 12.8% higher than that of the previous comparable period?s 149 cents; and

* intrinsic net asset value per share for the year ended 31 August 2014 to be between 310 cents and 320 cents, which is between 44.9% and 49.5% higher than that of the previous comparable period?s 214 cents.



The large decrease in HEPS is mainly due to the Trematon group not disposing of any of its investment properties during the year. The Trematon group has concentrated on growing the value of its assets through effective property management and well priced acquisitions that will produce sustainable future growth and capital appreciation. This is evident in the increase in intrinsic market value of the properties and investments held.



Further details will be provided in the final Trematon group results for the year ended 31 August 2014, due to be published on SENS on or about 20 November 2014.
11-Sep-2014
(Official Notice)
Shareholders are advised that Trematon via Arbitrage Property Fund (Pty) Ltd. ("Arbitrage"), its 67% held subsidiary, has entered into an agreement in terms of which it has acquired the remaining extent of Erf 149298 Cape Town known as Redefine North Wharf, Cape Town ("the property") from Redefine Properties Ltd.



Details of the property

The property, formerly known as "The Spearhead" is situated at 42 Hans Strijdom Avenue, Cape Town, and comprises both office and retail space totalling 5,274 square metres.



Rationale for the acquisition

The company identified the acquisition as an appropriate investment in terms of the strategy of the Trematon group, which is to grow its portfolio of long term investment properties through the acquisition of well-located properties where the company can add value by unlocking the full commercial potential of the asset.



Terms of the acquisition

The vendor

The property has been purchased from Redefine Properties Ltd. Redefine is not a related party in terms of the Listings Requirements of the JSE.



Terms and purchase consideration

Arbitrage has acquired the property for an amount of R50 506 000 or R9,576 per square metre acquired ("purchase price"). The purchase price is payable in cash on the effective date and will be funded by Arbitrage by a combination of cash and borrowings.



Conditions precedent

The acquisition is subject to the completion of a due diligence process which is normal for a transaction of this nature and the finalisation of suitable finance of a portion of the purchase price.



Effective date

The effective date of the acquisition is the date of transfer of the units into the name of Arbitrage which is expected to take place on or about 30 November 2014.



Financial effects

The acquisition will not have a significant effect on the earnings and headline earnings or net asset value and tangible net asset value of the company.



Categorisation

This announcement is published in terms of the JSE Listings Requirements as the acquisition constitutes a category 2 transaction for the company.
25-Jun-2014
(Official Notice)
Having regard to the information published in the acquisition announcement caution is no longer required by shareholders when dealing in their securities.
25-Jun-2014
(Official Notice)
Shareholders were referred to the cautionary announcement dated 20 June 2014 and are advised that Trematon via the Tremtrust 1 Trust, a trust which is 50% held by Trematon's 67% held subsidiary, Arbitrage Property Fund (Pty) Ltd. and 50% held by Buffet Investment Services (Pty) Ltd ("Tremtrust"), has entered into agreements in terms of which it has acquired fourteen units in the corporate sectional title development scheme known as Northgate Island ("the units") from various vendors ("the acquisition").



Details of the units

The units are situated in Northgate Island, at the corner of Koeberg Road and Section Street, Cape Town, and comprise sectional title retail and office space units totalling 15 199 square metres. Terms of the acquisition



Terms and purchase consideration

Tremtrust has acquired the units for a combined purchase price of R107 302 372 or R7 060 per square metre acquired, payable to the vendors in cash on the effective date. Trematon?s portion of the investment is R53 651 186 which represents its 50% interest in Tremtrust ("the purchase consideration").



The purchase consideration will be funded by a combination of cash and borrowings. The only condition precedent to the acquisition is the completion of a due diligence process which is normal for a transaction of this nature.



Effective date

The effective date of the acquisition is the date of transfer of the units into the name of Tremtrust which is expected to be on or about 1 October 2014.



Financial effects

The acquisition will not have a significant effect on the earnings and headline earnings or net asset value and tangible net asset value of the company.



Categorisation

This announcement is published in terms of the JSE Listings Requirements as the acquisition constitutes a category 2 transaction for the company.
20-Jun-2014
(Official Notice)
Shareholders are advised that Trematon has entered into negotiations, which if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
12-May-2014
(C)
Operating profit for the period turned around to R11.3 million (2013: loss of R5.6 million). Profit before income tax increased to R9.6 million (2013: R2.1 million), while total comprehensive income attributable to equity holders of the parent grew to R11.8 million (2013: R5.3 million). Furthermore, headline earnings per share was higher at 2.5cps (2013: 1.5cps).
07-Apr-2014
(Official Notice)
Shareholders are advised that Trematon?s earnings and headline earnings per share for the 6-month period ended 28 February 2014 will increase by approximately 333% and 67% respectively from the previous comparable interim period ended 28 February 2013. The earnings and headline earnings are expected to be approximately 6.5 cents and 2.5 cents per share respectively. The net asset value is expected to increase by 26% to 153 cents per share from 121 cents per share at the previous comparable interim period.



The financial information in this trading statement has not been reviewed by the auditors of the Company. Trematon's interim results will be published on or about 12 May 2014.
17-Mar-2014
(Official Notice)
Shareholders are advised that Trematon, via its 50% held subsidiary, Tremprop (Pty) Ltd. ("Tremprop"), has entered into an agreement in terms of which it has purchased 3 apartment blocks in Parklands, Cape Town, Western Cape ("the property") ("the acquisition") for a total purchase price of R53.0 million.



Terms of the acquisition - The vendor

The property was purchased from Diluculo Properties (Pty) Ltd.



Purchase consideration

Tremprop acquired the property for a purchase consideration of R53 million (excluding applicable taxes). The majority of the purchase consideration will be funded from borrowings.



Conditions precedent

There are no outstanding conditions precedent.



Effective date

The effective date of the acquisition is the date of transfer of the property into the name of Tremprop, which is expected to be on or about 16 June 2014.



Financial information

The acquisition will not have a significant effect on the earnings and headline earnings or net asset value and tangible net asset value of the company.
29-Jan-2014
(Official Notice)
Shareholders are referred to the notice of annual general meeting of the company, which was posted to shareholders on 29 November 2013 and are advised that all of the ordinary and special resolutions proposed at the company's annual general meeting, which was held on 29 January 2014, were passed by the requisite majority of shareholders.
02-Dec-2013
(Official Notice)
Shareholders are advised that the Annual Financial Statements of the Company for the year ended 31 August 2013 were posted on 29 November 2013.



Notice of annual general meeting

Notice is given that the annual general meeting of the Company will be held at First Floor, The Hudson, 30 Hudson Street, Cape Town on Wednesday, 29 January 2014 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the Annual Financial Statements.
19-Nov-2013
(C)
Operating profit for the year climbed to R26.4 million (2012: R15.7 million), while profit attributable to equity holders of the parent soared to R51.5 million (2012: R18.9 million). Furthermore, headline earnings per share grew to 7.5cps (2012: 6.8cps).



Dividend

On 11 November 2013, subsequent to year-end, the board of directors declared a dividend of 3.25cps.



Prospects

The bulk of the profits earned in the 2013 financial year were attributable to the mark- to-market of investment properties where agreements for sale were concluded, as well as fair value adjustments of the remaining investment properties. Due to the nature of the property investment cycle, this is unlikely to be repeated in the 2014 financial year. All of the businesses in which Trematon has invested are well financed and have good growth potential. Trematon has a well-positioned portfolio of existing investments and sufficient balance sheet capacity to make material new investments should the opportunity arise.
31-Oct-2013
(Official Notice)
Shareholders are advised that Trematon's earnings and headline earnings per share for the year ended 31 August 2013 will be approximately 29.2 cents per share and 7.5 cents per share respectively, compared to earnings of 10.8 cents per share and headline earnings of 6.8 cents per share for the previous comparable period, being the year ended 31 August 2012. The net asset value is expected to increase to approximately 149 cents per share from 121 cents per share for the previous comparable period.



The audited year end results of the Company will be published on or about 22 November 2013.
14-Jun-2013
(Official Notice)
Shareholders are referred to the cautionary announcement dated 10 May 2013 and the disposal announcement dated 20 May 2013, containing all details of the disposal to which the negotiations related, and are advised that they consequently need no longer exercise caution when dealing in the company's securities.
20-May-2013
(Official Notice)
Shareholders were advised that Trematon, through its 66.7% subsidiary Arbitrage Property Fund (Pty) Ltd. ("Arbitrage"), has entered into a sale agreement which came into effect on 15 May 2013, in terms of which Arbitrage will dispose of Erf 2460 Rustenburg, know as Shoprite Centre, Rustenburg, to Heriot Properties (Pty) Ltd. for a total consideration of R77.4 million ("the disposal"). The effective date of the disposal will be 1 October 2013 ("the effective date"). The disposal is not subject to any outstanding conditions precedent.



Settlement of the consideration

The total consideration of R77.4 million will be settled in cash on the effective date. The proceeds will be used to settle the outstanding bank debt on the property and the balance will be retained to be invested in new property investments as and when they arise.



Description of property and rationale for the disposal

The property is a retail centre known as Shoprite Rustenburg Centre, situated at 110 Kerk Street, Rustenburg, North West Province. The disposal enables Arbitrage to realize an excellent total return on investment on a relatively mature property. The board of directors is of the opinion that the proceeds of the disposal can be more productively employed in funding similar future transactions.



Categorisation of the disposal

The disposal is categorised as a Category 2 transaction in terms of the JSE Ltd. Listings Requirements.
10-May-2013
(Official Notice)
Shareholders were advised that the company has entered into negotiations, which if successfully concluded, may have a material effect on the price of Trematon?s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
30-Apr-2013
(Official Notice)
Shareholders are advised that Trematon, through its 66.7% subsidiary Arbitrage Property Fund (Pty) Ltd. ("Arbitrage"), has entered into a sale agreement with effect from 26 April 2013, in terms of which Arbitrage will dispose of Bougainville Shopping Centre, Pretoria, for a consideration of R68 million to Interurban Property Fund (Pty) Ltd. ("the disposal"). The effective date of the disposal will be 1 September 2013 ("the effective date"). The disposal is not subject to any outstanding conditions precedent.



Settlement of the consideration

The total consideration of R68 million will be settled in cash on the effective date. The proceeds will be used to settle the outstanding bank debt on the property and the balance will be retained to be invested in new property investments as and when they arise.



Financial effects of the disposal

The unaudited pro forma financial effects of the disposal which are based on the published interim group results of Trematon for the six months to 28 February 2013 are set out below. Before - after adjustment:

* Profit per share (cents per share): 1.5 - 6.6

* Headline earnings (cents per share): 1.5 - 6.6

* Net asset value and net tangible asset value (cents per share): 121 - 126.
29-Apr-2013
(C)
Revenue for the interim period lowered to R9.9 million (2012: R12.4 million). Trading loss widened to R12.7 million (2012: loss of R6.7 million), while profit attributable to equity holders of the parent dropped to R2.7 million (2012: R5.6 million). Furthermore, headline earnings per share fell to 1.5cps (2012: 2.5cps).



Prospects

The group has permanent exposure to three primary sectors: commercial property, residential property and leisure assets (including casinos). In addition, short-term arbitrage or trading opportunities are pursued as they present themselves. The level of annuity income in the group and the quality of the NAV has increased over the past few reporting periods although earnings can always be influenced in the short term by investment realisations or trading profits and losses.
15-Apr-2013
(Official Notice)
Shareholders are advised that Trematon's earnings and headline earnings per share for the period ended 28 February 2013 will be approximately 1.5 cents per share compared to earnings of 3.2 cents per share and headline earnings of 2.5 cents per share for the previous comparable period, being the period ended 29 February 2012. The net asset value is expected to increase from 109 cents per share at the previous comparable period to approximately 121 cents per share. The interim results will be published on or about 29 April 2013.
26-Feb-2013
(Official Notice)
Shareholders are advised that Trematon, via its 50% beneficial interest in the Resi Investment Trust ("Resi"), has entered into agreements in terms of which it has purchased a selection of apartments in a development, known as Hibernian Towers, in the Strand, Western Cape ("the property")("the acquisition").



Details of the property

The property is situated on the Strand beachfront and comprises sectional title apartments.



Terms of the acquisition - The vendor

The property was purchased from Quaypower Properties Ltd. (UK).



Terms and purchase consideration

Resi acquired the property for a purchase consideration of R62.8 million (including vat) paid in cash on 25 February 2013. Trematon's portion of the investment is R31.4 million which represents its 50% interest. The full purchase consideration will be funded from borrowings. There are no outstanding conditions precedent.



Effective date

The effective date of the acquisition is the date of transfer of the property into the name of the Resi Investment Trust which is expected to be on or about 8 April 2013.
30-Jan-2013
(Official Notice)
Shareholders are referred to the annual results announcement of the company dated 29 November 2012 and are advised that all of the ordinary and special resolutions proposed at the company's annual general meeting, which was held on 30 January 2013, were passed by the requisite majority.



Shareholders are further advised that the salient dates for payment of the dividend of 2.5 cents per share to ordinary shareholders of Trematon are as follows:

* Last date trade: Friday, 1 February 2013

* Ex-date: Monday, 4 February 2013

* Record date: Friday, 8 February 2013

* Payment date: Monday, 11 February 2013



Share certificates may not be dematerialised or rematerialised between Monday, 4 February 2013 and Friday, 8 February 2013, both days inclusive.
30-Nov-2012
(Official Notice)
Shareholders are advised that the Annual Financial Statements of the Company for the year ended 31 August 2012 will be posted today, 30 November 2012. Notice is hereby given that the annual general meeting of the Company will be held at First Floor, The Hudson, 30 Hudson Street, Cape Town on Wednesday, 30 January 2013 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the Annual Financial Statements.
29-Nov-2012
(C)
Revenue for the year ended 31 August 2012 decreased to R19.7 million (2011: R19.9 million). A trading profit of R319 000 was recorded (2011:R252 000), while profit attributable to equity holders of the parent surged to R18.9 million (2011: R14.8 million). Furthermore, headline earnings per share grew to 6.8cps (2011: 3.1cps).



Dividend

The board has declared a dividend of 2.5cents per share which is an increase of 25% on the prior year.



Prospects

Prospects and strategy The group is in a strong financial position and has established a good reputation for prudent but profitable investment over the past seven years. Several of our investments take the form of joint ventures with capable and trusted partners who share in the fruits of the ventures and are an extremely valuable part of our processes. New ventures are likely to be pursued on a similar basis. Our staff complement has grown to the point where the group is capable of tackling more ambitious investments and the group is always on the lookout for new investment opportunities. Currently the long-term portfolio consists mainly of property, leisure and gaming assets but other areas are also being investigated. The annuity component of the group's earnings is higher than it has been in the past due to the increase in the investment in Club Mykonos and the various property related assets but profits may still be volatile if large investments are made or realised during any financial period.

12-Nov-2012
(Official Notice)
Shareholders are referred to the trading statement published on SENS on 26 October 2012 and are advised that the abridged audited year end results of the company will be published and the company's annual report will be posted on 30 November 2012.
26-Oct-2012
(Official Notice)
Shareholders are advised that Trematon's earnings and headline earnings per share for the year ended 31 August 2012 will be approximately 10.8 cents per share and 6.8 cents per share respectively, compared to earnings of 8.5 cents per share and headline earnings of 3.1 cents per share for the previous comparable period, being the year ended 31 August 2011. The net asset value is expected to increase from 108 cents per share for the previous comparable period to approximately 121 cents per share.



The audited year end results of the company will be published on or about 12 November 2012.
21-May-2012
(Official Notice)
Reference was made to the SENS and press announcements dated 9 May 2012 relating to the approval of the CML scheme of arrangement by the requisite majority of scheme members present and voting, in person or by proxy, at the meeting of scheme participants. Scheme members are hereby advised that all conditions precedent to the scheme have been fulfilled and accordingly the scheme is now unconditional. Scheme members are reminded to take cognisance of the remaining important dates and times as detailed on page 6 of the circular posted to scheme members on 10 April 2012.
10-May-2012
(C)
Revenue for the interim period lowered to R12.4 million (2011: R14.8 million). Trading loss widened to R6.7 million (2011: loss of R6.5 million). but profit attributable to equity holders of the parent rose to R5.6 million (2011: R5 million). Furthermore, headline earnings per share grew slightly to 2.5cps (2011: 2.4cps).



Prospects

The group's investment focus has shifted somewhat into new ventures from more mature investments. The realisations detailed above have also increased the resources available for new investment. The group is actively seeking new investment opportunities although the flow of truly attractive deals is sporadic and depends on market conditions. There is not a great deal of annuity income in the group so profits will continue to depend on the timing of investment realisations.
09-May-2012
(Official Notice)
Shareholders were referred to the joint announcement as published in SENS on 19 March 2012 and in the press on 20 March 2012, and to the circular issued to Club Mykonos Langebaan Ltd. ("CML") shareholders on 10 April 2012 ("the circular"), detailing the scheme of arrangement ("the scheme") in terms of section 114(1) of the Companies Act No 71 of 2008 ("the Companies Act"), which has been proposed by the CML board between CML and its shareholders (save for Tremgrowth) ("the Scheme Members"). The scheme, if implemented, will result in Tremgrowth acquiring the entire issued share capital of CML. Scheme Members currently hold 2 763 548 CML shares (constituting 7.8% of the entire issued share capital of CML, the balance of such issued share capital being held by Tremgrowth) ("Scheme Shares"). The consideration for the Scheme Shares is either a cash consideration of R3.00 for each Scheme Share or two Trematon shares for each Scheme Share duly disposed of. Scheme Members are reminded of the times and dates in the circular for making an election as to the form of such consideration failing which the said cash consideration will automatically apply. Shareholders are hereby advised that the scheme was approved by the requisite majority of shareholders (the relevant special resolution being approved by 97.91% of the voting rights exercised by Scheme Members thereon) present and voting, in person or by proxy, at the meeting of Scheme Members held on 7 May 2012. Shareholders are further advised that one dissenting shareholder holding 25 048 CML shares (representing 0,07% of the total issued share capital of CML and 0.91% of the total issued share capital held by Scheme Members) notified CML prior to the Scheme Meeting that it objects to the special resolution to approve the scheme. Accordingly such shareholder is entitled (but not obliged) to exercise any rights in terms of section 164 of the Companies Act (details whereof are contained in the circular). Shareholders should note that the implementation of the scheme remains conditional upon the fulfilment of certain conditions precedent by no later than 18 May 2012 (or any agreed extension thereof) as detailed in the circular. Further announcements regarding same will be released on SENS and published in the press in due course.
26-Mar-2012
(Official Notice)
Having regard to the information set out in the disposal announcement, shareholders are advised that they need no longer exercise caution when dealing in Trematon's securities.
26-Mar-2012
(Official Notice)
Shareholders are advised that Trematon, on 23 March 2012, via its wholly owned subsidiary, Tremtrade (Pty) Ltd. ("Tremtrade") has entered into an agreement for the disposal of its 37.5% beneficial interest in the Boulevard Park Trust ("Boulevard Park") to The Leaf Property Fund Trust ("Leaf") for the aggregate consideration of R39.3 million ("the consideration")("the disposal").



Boulevard Park and the rationale for the disposal

Boulevard Park effectively owns 49% of the Boulevard Park Office Park, an office park situated adjacent to the N2 highway on the periphery of the Cape Town CBD. The Boulevard Office Park was a greenfields development initiated and managed by Faircape Property Developers. The buildings were completed in 2008 following which the buildings were tenanted and the commercial areas optimised. The office park is fully let and the project is now a blue-chip investment grade property. Trematon has the opportunity to realise the value added by the project and use the resources to fund other ventures.



Terms of the disposal

Trematon, via Tremtrade has disposed of its 37.5% interest in Boulevard Park to Leaf for the amount of R39.3 million.



Effective date of the disposal

The effective date of the disposal is 30 April 2012 and the consideration will be payable by Leaf within ten business days of the effective date.



Application of proceeds

The consideration will be allocated as follows:

* R16.6 will be allocated to the repayment of Tremtrade's loan account in Boulevard Park; and

* the balance of R22.7 million will be accounted for as a capital gain on the sale of Trematon's interest in Boulevard Park and will be utilised to fund other investment opportunities.



Conditions precedent

The only outstanding condition precedent to the disposal is approval thereof by the Competition Commission.



Unaudited pro forma financial effects

* Earnings per share (cents): 8.5 - 13.4

* Headline earnings per share (cents): 3.1 - 5.0

* NAV per share (cents): 108 - 112.
19-Mar-2012
(Official Notice)
The shareholders of CML and Trematon are advised to exercise caution when dealing in their respective shares until the said combined circular is distributed and an announcement is made in respect of the outcome of the scheme.
19-Mar-2012
(Official Notice)
29-Feb-2012
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded, may have a material effect on the price of Trematon's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
29-Nov-2011
(Official Notice)
Shareholders are advised that the Annual Financial Statements of the company for the year ended 31 August 2011 have been posted on Tuesday, 29 November 2011 and contain no modifications to the audited financial results which were released on SENS on Tuesday, 15 November 2011.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of the company will be held at The Hudson, 30 Hudson Street, Cape Town on Wednesday, 25 January 2012 at 10h00 to transact the business as stated in the notice of annual general meeting, forming part of the Annual Financial Statements.
15-Nov-2011
(C)
Revenue for the year ended 31 August 2011 increased to R19.9 million (2010: R18.3 million). A trading profit of R252 000 was recorded (2010: loss of R24.6 million), while profit attributable to equity holders of the parent surged to R14.8 million (2010: loss of R7.1 million). Furthermore, headline earnings per share weakened to 3.1cps (2010: 4.3cps).



Dividend

The board proposed a dividend of 2cps subject to approval by shareholders at the annual general meeting to be held on Wednesday, 25 January 2012.



Prospects

The group has made use of its cash and facilities to make some substantial new investments during the period including direct property investments (commercial, industrial and residential), development projects (new marina jetties and boat storage facilities) and general investment and trading in listed shares. All of these are expected to add to the group's income and net asset value over time.
03-Nov-2011
(Official Notice)
Shareholders were advised that Trematon's earnings and headline earnings per share for the year ended 31 August 2011 will be approximately 8.5 cents per share and 3.1 cents per share respectively, compared to a loss of 4.1 cents per share and headline earnings of 4.3 cents per share for the previous comparable period, being the year ended 31 August 2010. The net asset value of the company is expected to increase from 77 cents per share for the previous comparable period to approximately 108 cents per share. The audited year end results of the company will be published on or about 15 November 2011.
25-Aug-2011
(Official Notice)
Shareholders were advised that with effect from 19 September 2011, Link Market Services South Africa Proprietary Ltd ("Link") will replace Computershare Investor Services Proprietary Ltd as the transfer secretaries of Trematon.
20-Jul-2011
(Official Notice)
Trematon announced the appointment of Mr. Jonathan Philip Fisher as independent non-executive director to the company with effect from 20 July 2011.



19-Apr-2011
(C)
Revenue rose to R14.8 million (R9.4 million), but trading loss worsened to R6.5 million (loss of R3.7 million). Profit attributable to ordinary shareholders fell to R5 million (R18.5 million). Additionally, headline earnings per share plummeted to 2.4cps (17.7cps).



Dividend

No interim dividend has been declared but a final dividend is anticipated in the absence of adverse circumstances.



Prospects

The group has made substantial investments in existing subsidiaries during the period and new investments as detailed above since the end of the period. Several further opportunities are under investigation and the trading portfolio is becoming more active. Economic activity is not yet at a level where high short-term returns from these assets can be anticipated but the board is confident that it has made purchases at good entry prices which will reward shareholders in the years to come.
01-Apr-2011
(Official Notice)
Shareholders are advised that Trematon's earnings and headline earnings per share for the period ended 28 February 2011 will be approximately 2.9 cents per share and 2.4 cents per share respectively compared to 10.6 cents per share and 17.7 cents per share for the previous comparable period, being the period ended 28 February 2010. The net asset value is expected to increase from 92 cents per share for the previous comparable period to approximately 103 cents per share. The reason for the decrease in earnings and headline earnings is mainly due to a reduction in equity accounted profits from associates. Most of the increase in net asset value is due to gains in equity as a result of the acquisition of shares in subsidiaries. The interim results will be published on or about 18 April 2011.
31-Mar-2011
(Official Notice)
Trematon has entered into agreements in terms of which it has acquired a 50% interest in a property loan stock company with joint venture partners Brian Goldberg and Ilan Kaplan ("joint venture partners") ("joint venture agreement"), which will be housed in Trematon Management Company (Pty) Ltd ("TMC"). As an initial investment TMC has acquired 5 properties with a total extent of 20 975 m2 ("the properties") for a total purchase consideration of R90 million ("the acquisition").



Rationale for the investment

It is the company's intention together with its joint venture partners to invest in various properties in South Africa, with a primary focus on the commercial, retail and industrial property sectors. The company's primary objective, as an investment company, is to identify value and value enhancing opportunities within the targeted sectors by using its defined investment strategies. These strategies have as its goal the creation of a stable portfolio of assets capable of generating consistent and continually escalating free cash flows and capital growth.



Terms of the acquisition of the properties



The vendor

All of the properties were purchased from Redefine Property Fund Ltd.



Terms, purchase consideration and funding

On 24 March 2011, TMC acquired the properties for a purchase consideration of R90 million in cash. Trematon is obliged to discharge R45 million of the purchase consideration in terms of the joint venture agreement. The purchase consideration will be funded 95% by bank debt and the balance by linked units and shareholders loans. There are no outstanding conditions precedent.



Effective date

The effective date of the acquisition is the date of transfer of the properties into the name of TMC, which is expected to be during or about the 3rd quarter of 2011.



Financial information

The acquisition of the properties will not have a significant effect on the earnings and headline earnings or net asset value and tangible net asset value of the company. This announcement is published in terms of the JSE Listings Requirements as the acquisition of the properties constitutes a category 2 transaction for the company.
02-Feb-2011
(Official Notice)
Shareholders are referred to the annual results announcement of the company dated 9 November 2010 and are advised that all of the ordinary and special resolutions, including the ordinary resolution authorising the company to pay a dividend of 1.5 cents per share to ordinary shareholders of Trematon ("dividend"), proposed at the company's annual general meeting, which was held on 2 February 2011, were passed by the requisite majority.



The salient dates relating to the payment of the dividend are as follows:

*Last day to trade Friday, 11 February 2011

*Ex-date Monday, 14 February 2011

*Record date Friday, 18 February 2011

*Payment date Monday, 21 February 2011

*Share certificates may not be dematerialised or rematerialised between Monday, 14 February 2011 and Friday, 18 February 2011 both days inclusive.

09 Nov 2010 10:58:40
(C)
Revenue for the year decreased to R6.9 million (2009: R42.6 million), while the trading loss widened to R24.6 million (2009: Loss of R18 million). Loss attributable to equity holders of the parent increased to R7.1 million (2009: Loss of R2.3 million). Furthermore, headline earnings per share remained stable if slightly lower at 4.3cps (2009: 4.5cps).



Dividend

In recognition of the company's sound financial position and positive outlook the board proposed a dividend of 1.5c per share subject to approval by shareholders at the annual general meeting to be held on 2 February 2011. The nature of the company's earnings is such that a formal dividend cover policy is not considered appropriate but the long term intention is to maintain and improve the absolute level of the dividend over time. A finalisation announcement confirming the dividend will be made after the annual general meeting has been held.



Prospects

The group is in a strong financial position and actively seeking out new investment opportunities. Active short-term asset trading which has been minimal while the group was deleveraging will also resume. The group's net asset value is underpinned by conservatively valued investments all of which have good potential for above average returns. CML, Boulevard Park, Faircare, Stalagmite and Mazor are all linked in some way to the property cycle and their future performance will be determined in part by the overall state of the property market in the Western Cape. All these businesses have strong management and are financially robust.
01 Nov 2010 12:53:58
(Official Notice)
Shareholders are advised that Trematon's loss and headline earnings per share for the year ended 31 August 2010 will be approximately 4.1 cents per share and 4.3 cents per share respectively, compared to a loss of 1.3 cents per share and headline earnings of 4.5 cents per share for the previous comparable period, being the year ended 31 August 2009. The net asset value of the company is expected to decrease from 81 cents per share for the previous comparable period to approximately 77 cents per share. The decrease in earnings and net asset value is mainly due to an accounting loss on the disposal of Ingenuity Property Investments Ltd. Although the disposal generated a net capital gain on the original purchase price it generated an accounting loss due to the manner in which income from associates was recognized in prior periods. The audited year end results of the company will be published on or about 8 November 2010.
23 Sep 2010 10:24:59
(Official Notice)
In a detailed Sens announcement dated 7 June 2010 Trematon announced a firm intention by Tremgrowth to make an offer to shareholders of Club Mykonos Langebaan Ltd ("CML") by way of the scheme. Tremgrowth proceeded with the offer by way of the scheme and the scheme meeting was held on 29 July 2010. The scheme was passed with the requisite majority and the scheme was sanctioned by the court on 19 August 2010 and the order of court lodged and registered by CIPRO in terms of the companies act. The outcome of the scheme of arrangement is as follows: 6 766 CML shareholders holding a total of 16 682 694 shares elected (or are deemed to have elected) the cash consideration of R2.00 per share in terms of the scheme. As a result of such election Tremgrowth now holds 81.7% of the issued share capital of CML (the previous holding was 34.6%). The increased holding and the outright control of CML is expected to improve the ability of the CML board to make beneficial long-term strategic decisions.
23 Jul 2010 11:20:28
(Official Notice)
The board of directors of Trematon announced the appointment of Arthur Winkler as financial director to the company with effect from 23 July 2010. Ms Shiree Litten, formerly the financial director and company secretary to Trematon, has resigned as financial director to the company but will continue to act as its company secretary.
07 Jun 2010 17:03:02
(Official Notice)
24 May 2010 16:57:00
(C)
Revenue dropped to R9.4 million (R16.8 million). Earnings attributable to ordinary shareholders amounted to R18.6 million compared to a loss of R12.5 million in the previous interim period. In addition, headline earnings per share of 17.7c was recorded, compared to a prior comparative loss of 0.4cps.



Further cautionary

The group is currently trading under a cautionary announcement and shareholders are reminded that the company has entered into negotiations, which if successfully concluded may have a material effect on the price of the company`s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
18 May 2010 14:15:44
(Official Notice)
Shareholders are advised that the company has entered into negotiations, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
30 Apr 2010 11:14:47
(Official Notice)
Trematon's earnings and headline earnings per share for the period ended 28 February 2010 will be approximately 10.6 cents per share and 17.7 cents per share respectively compared to a loss of 7.1 cents per share and a headline loss of 0.4 cents per share for the previous comparable period, being the period ended 28 February 2009. The net asset value of the company is expected to increase from 73 cents per share for the previous comparable period to approximately 92 cents per share. The audited year end results will be published on or about 26 May 2010.
08 Mar 2010 12:00:20
(Official Notice)
Shareholders are referred to the circular to Trematon shareholders dated 19 February 2010 relating to the disposal by Trematon of its 20.8% equity interest in Ingenuity Property Investments Ltd to Jacana Assets Ltd and Mr L I Frenkel ("the disposal") and are advised that at a general meeting of Trematon shareholders held 8 March, all the resolutions relating to the disposal were approved by the requisite majority of Trematon shareholders.
12 Feb 2010 16:45:30
(Official Notice)
Shareholders were referred to an announcement released on SENS on 31 December 2009 wherein it was announced that Trematon, through its wholly-owned subsidiaries Tremgrowth (Pty) Ltd and Tremtrade (Pty) Ltd, had entered into sale of shares agreements dated 30 December 2009 in terms of which Trematon will dispose of 137 million ordinary shares in Ingenuity Property Investments Ltd ("Ingenuity"), constituting 20.8% of the issued ordinary share capital of Ingenuity, for a consideration of R68,5 million to Jacana Assets Ltd and Mr L I Frenkel("the disposal").



Financial effects

The unaudited pro forma financial effects of the disposal which are based on the published audited group results of Trematon for the year ended 31 August 2009 are set out. The unaudited pro forma financial effects have been prepared for illustrative purposes only to provide information on how the disposal may have impacted on the results, financial position and the changes in equity of Trematon.



Before the disposal and after disposal

* Loss per share in cents : (1.3) and (4.8)

* Headline earnings (cents per share) : 4.5 and 5.2

* Net asset value and net tangible asset value (cents per share): 81 and 73
31 Dec 2009 09:41:40
(Official Notice)
Shareholders are advised that Trematon, through its wholly-owned subsidiaries Tremgrowth (Pty) Ltd and Tremtrade (Pty) Ltd, has entered into sale of shares agreements dated 30 December 2009 in terms of which Trematon will dispose of 137 million ordinary shares in Ingenuity Property Investments Ltd, constituting 20.8% of the issued ordinary share capital of Ingenuity for a consideration of R68.5 million to Jacana Assets Ltd and Mr LI Frenkel.



The effective date of the disposal is the first business day following the date on which all the conditions precedent are fulfilled.



Settlement of the consideration

The consideration of R68.5 million will be settled in cash on the effective date.



Description of Ingenuity and rationale for the disposal

Ingenuity is a property investment company with its core strategic focus to acquire and develop properties within the Western Cape region. Although the asset base and the management of Ingenuity are of high quality the board of Trematon is of the opinion that the current needs of shareholders would be better served by selling the investment at a fair price and reducing the overall level of gearing in the company.



Conditions precedent

The disposal is subject to approval by the requisite number of Trematon shareholders in a general meeting on or before 31 March 2010.



Categorisation of the acquisition

The disposal is categorised as a Category 1 transaction in terms of the JSE Ltd Listings Requirements.



Cautionary announcement

Shareholders are advised to exercise caution when dealing in the company's securities on the JSE until an announcement containing financial effects of the disposal is released.
30 Nov 2009 11:11:27
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 31 August 2009 were posted to shareholders on 27 November 2009, and contain no modifications to the audited results published on SENS on 18 November 2009. Notice was also given that the annual general meeting of shareholders will take place at 10h00 on 10 February 2010 at the Boardroom of Trematon, First Floor, The Hudson, 30 Hudson Street, Cape Town.
18 Nov 2009 16:56:11
(C)
Trading losses of R18.0 million (2008: trading profit of R1.4 million) were incurred during the year. The biggest component of trading losses was the operating losses incurred at Club Mykonos Langebaan Ltd. Basic loss per share 1.30c (2008: 19.7c) while headline earnings per share decreased to 4.5c (2008: 5.5c).



Prospects

The company is exposed to a diversified portfolio of businesses in the property- related and leisure industries and is therefore well positioned to benefit from any improvement in economic activity in these areas. The nature of the company's investments is such that returns and cash flows will not accrue evenly in each accounting period but will be realised when dictated by commercial circumstances and the judgement of the directors. The company is in a sound financial position and is likely to make new investments within the existing portfolio and in new businesses during the next financial year.
13 Nov 2009 13:58:53
(Official Notice)
Shareholders are advised that Trematon's loss/earnings and headline earnings per share for the year ended 31 August 2009 will be a loss of approximately 1.3 cents per share and headline earnings of approximately 4.5 cents per share compared to earnings of 19.7 cents per share and headline earnings of 5.5 cents per share for the previous comparable period, being the year ended 31 August 2008. The net asset value of the company is expected to decrease from 84 cents per share for the previous comparable period to approximately 81 cents per share.



The reason for the reduction in earnings, headline earnings and net asset value is the impairment of the value of certain property holdings at Club Mykonos Langebaan Ltd, non-recurring restructuring expenses incurred at the Club Mykonos Head Office and the writedown of an investment in a BEE entity. The audited year end results will be published on or about 18 November 2009.
22 Jun 2009 11:52:33
(Official Notice)
The board of directors of Trematon is pleased to announce the appointment of Shiree Litten, currently the company secretary of Trematon, as financial director to the company with effect from 22 June 2009. Ms Litten will continue to act as company secretary to the company.
04 Jun 2009 13:28:36
(Official Notice)
Shareholders are advised that the company's unaudited interim results for the six months ended 28 February 2009, which were published on 21 May 2009, contained, in the "Director's report" section thereof, a profit forecast as defined in the Listings Requirements of the JSE as follows: "It is not possible to predict the future net asset value with great certainty but if economic conditions do not deteriorate it is possible that the published net asset value will represent a low point in the current cycle."
21 May 2009 16:32:06
(C)
Trading losses of R7.8 million were incurred during the period of which about 50% were realised and the balance was the result of mark-to-market adjustments and operating losses. The group reported a headline loss of 0.4cps for the six months ended February 2009 compared to a headline profit of 0.9cps for the six months ended February 2008.



Prospects

The company's portfolio of investments has not changed materially since the previous financial year-end. The primary focus of management is on ensuring that the value of the group's current investments is maximised. Potential new investments have been identified. It is not possible to predict the future net asset value with great certainty but if economic conditions do not deteriorate it is possible that the published net asset value will represent a low point in the current cycle.
14 May 2009 11:32:33
(Official Notice)
Shareholders are advised that Trematon's loss and headline loss per share for the six month period ended 28 February 2009 is expected to be approximately -7.1 cents per share and -0.4 cents per share compared to earnings of 9.3 cents per share and 0.9 cents per share for the previous comparable period, being the six months ended 29 February 2008. The interim results will be published on or about 19 May 2009.
01 Dec 2008 15:43:23
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 31 August 2008 were posted to shareholders on 29 November 2008, and contain no modifications to the audited results published on SENS on 20 November 2008. The annual financial statements were audited by Trematon's auditors, KPMG Incorporated. Their unqualified audit report is available for inspection at the company's registered office, First Floor, The Spearhead, 42 Hans Strijdom Avenue, Foreshore, Cape Town.



The annual general meeting of shareholders will take place at 10:00 on Thursday, 29 January 2009, on the third Floor, The Spearhead, 42 Hans Strijdom Avenue, Foreshore, Cape Town, to transact business as stated in the notice of the annual general meeting forming part of the annual financial statements.
20 Nov 2008 15:27:46
(C)
Basic earnings per share increased to 19.7c (4.6c) and headline earnings per share increased to 5.5c (1.5c). Share trading activities resulted in a net loss for the period but this was off- set by other sources of income.



Prospects

Trematon is an investment group and is therefore dependent to some extent on the overall investment climate. Many of the group's investments are linked to the property market in general and the performance of the property sector will be a key determinant of returns in the current financial year. The investment portfolio is of high quality and should yield good long-term returns but short- term prospects are uncertain. Management will focus on bringing current projects to fruition and reducing gearing. The board is not unduly pessimistic regarding economic prospects but management believe that it is prudent to assume that the current uncertain investment climate will persist for an extended period of time.
17 Nov 2008 17:13:55
(Official Notice)
Shareholders are advised that Trematon's earnings and headline earnings per share for the year ended 31 August 2008 will be 19.7 cents per share and 5.5 cents per share compared to 4.6 cents per share and 1.5 cents per share for the previous comparable period, being the year ended 31 August 2007. The net asset value of the company increased from 84 cents per share for the previous comparable period to 88 cents per share. The audited year end results will be published on or about 19 November 2008.
05 Jun 2008 12:33:26
(Official Notice)
Shareholders are advised that Trematon has entered into an agreement in terms of which it has acquired a 35% interest in Manor Group Retirement Holdings (Pty) Ltd and its associated entities including Cle du Cap retirement village. The total purchase consideration is R17.5 million which will be funded from borrowings. There are no outstanding conditions precedent. The effective date of the investment is 31 May 2008. The acquisition will not have a significant effect on the earnings and headline earnings or net asset value and tangible net asset value of the company.
09 May 2008 13:22:27
(Official Notice)
Trading profit for the period amounted to R15.6 million (2007: R4.6 million). The total operating expenses for the period, including directors` emoluments, amounted to R2.7 million. Basic eps amounted to 9.3c per share (2007: 2.8c) and headline eps to 0.9c (2007: 1.7c). Net asset value at the end of the period was 93c per share (2007: 70c). Gross assets increased to R241 million (2007: R164 million), most of the increase in investments was funded by borrowings.



Dividends

No dividend was declared for the period under review.



Prospects

The primary focus of management is on the long-term growth of per share net asset value. Some of the projects and investments embarked on in previous years will start to bear fruit in the financial years ending August 2008 and 2009 and the next two years are expected to show positive results assuming there are no material changes in the investment portfolio.
05 May 2008 10:01:31
(Official Notice)
Shareholders are advised that Trematon`s earnings and headline earnings per share for the six month period to 29 February 2008 will be 9.3 cents per share and 0.9 cents per share, compared to 2.8 cents per share and 1.7 cents per share for the previous comparable period, being the six months to 28 February 2007. Net asset value of the company increased from 70 cents per share for the previous comparable period to 93 cents per share. The interim results will be announced on SENS on or about Friday, 9 May 2008.
04 May 2006 15:18:04
(C)
During the six months from 31 August 2005 to 28 February 2006, Trematon's per share net asset value increased from 57.2c to 61.5c. Trematon's largest asset is Intec Telecom plc ("Inte"), which declined in value over the period due to a fall in its share price and an appreciation in the value of the rand relative to the British pound. The decline in the value of Intec was more than offset by realised and unrealised gains in the value of local listed investments. No Intec shares were traded during the period. During the period the loan due from Mican Ltd was repaid. Trematon currently has no borrowings and has net cash on hand of R28 million. A further R85 million is invested in marketable assets, which are unencumbered and can be freely traded. The board is also considering an additional R30 million borrowing facility. Operating profit for the period of R14.9 million mainly comprises realized profits on trading and investment activities. Total operating expenses excluding taxation amounted to R1.4 million. Headline earnings per share declined by 65.51% to 2.48c (7.19c).



Dividend policy

It is Trematon's policy to reinvest its cash reserves and a dividend is unlikely to be declared during this financial year.



Prospects

Management is focused on increasing the per share net asset value of the company over the long term. Trematon's main assets are listed and not highly diversified, therefore the net asset value may be volatile in the short term.
02 May 2006 16:14:32
(Official Notice)
Shareholders are referred to the announcements dated 8 March 2006 and 3 April 2006 containing details of an unconditional irrevocable offer by Trematon to the Shops for Africa minority shareholders to acquire all or any of their Shops for Africa shares for a cash consideration of 15cps. The offer closed on Friday, 28 April 2006 and was accepted by minority shareholders holding 851 289 Shops for Africa shares, representing 1.2% of Shops for Africa's issued share capital. As the offer was not accepted by minority shareholders holding in excess of 90% of the minority shareholding, Trematon will not invoke the provisions of section 440K of the Companies Act (Act 61 of 1973), as amended. Following conclusion of the offer, Trematon holds 56.8% of Shops for Africa's issued share capital.
26 Apr 2006 14:09:14
(Official Notice)
The directors of Trematon hereby notify shareholders that the company's earnings and headline earnings per share for the six months ended 28 February 2006 are expected to be approximately 55% and 85%, respectively, lower than the earnings and headline earnings per share for the six months ended 28 February 2005. The primary reason for the reduction in earnings per share relates to changes in the accounting treatment of investments held for capital purposes in order to comply with International Financial Reporting Standards. Similarly, the larger reduction in headline earnings per share is due to the exclusion of capital profits from the calculation of HEPS in accordance with IFRS. In addition, the company has provided for income tax at the interim stage where there was previously no such provision. These adjustments have had no effect on the company's cash balances, cash flow or net asset value.
03 Apr 2006 09:07:12
(Official Notice)
Trematon shareholders are referred to the announcement dated 8 March 2006 notifying them that the company had acquired 40 070 722 shares (55.6%) in Shops for Africa Ltd (Shops for Africa). In terms of the Securities Regulation Code on Take-overs and Mergers, the acquisition constitutes an "affected transaction" and Trematon is obliged to extend an offer to Shops for Africa minority shareholders to acquire their Shops for Africa shares on terms and conditions no less favourable than those applicable to the acquisition.



Trematon hereby makes an unconditional irrevocable offer to the Shops for Africa minority shareholders to acquire all or any of their Shops for Africa shares for a cash consideration of 15cps. Trematon intends invoking the provisions of section 440K of the Companies Act, as amended, to compulsorily acquire all the Shops for Africa shares from the shareholders who do not accept the offer, should Shops for Africa shareholders holding in excess of 90% of the minority shareholding accept the offer. A circular to Shops for Africa shareholders, setting out the detailed terms of the offer and the procedure for acceptance of the offer, will be posted to Shops for Africa shareholders on 3 April 2006. The advice from the liquidator of Shops for Africa, Mr Jurgens Steenkamp, and the substance of the advice from a duly appointed independent professional expert will be posted within 14 days of the offer circular.



Set out in the table below are the salient dates and times pertaining to the offer:

*Last day to trade in order to be eligible to participate in the offer -- Thursday, 20 April 06

*Shops for Africa shares to trade ex the offer -- Friday, 21 April 06

*Record date to be eligible to participate in the offer -- Friday, 28 April 06

*Offer closes at 12:00 -- Friday, 28 April 06

*Results of the offer released on SENS -- Tuesday, 2 May 06
08 Mar 2006 17:02:57
(Official Notice)
Trematon has acquired 40 070 722 linked units (55.6%) in Shops for Africa Ltd for a total purchase consideration of R4.2 million. This equates to an average price paid of 10.5cpu, with the maximum purchase price being 14cpu. In terms of the Securities Regulation Code on Takeovers and Mergers, the acquisition constitutes an "affected transaction" and Trematon is obliged to extend an offer to Shops for Africa minority unitholders to acquire their Shops for Africa linked units on terms and conditions no less favourable than those applicable to the acquisition. Trematon will extend an unconditional irrevocable offer to the Shops for Africa minority unitholders to acquire all or any of their Shops for Africa linked units for a cash consideration of 15cpu.



A circular to Shops for Africa unitholders, setting out the detailed terms of the offer and the procedure for acceptance of the offer, will be posted to Shops for Africa unitholders. A further announcement, which will include relevant dates for the implementation of the offer, will be published on SENS and in the press at the appropriate time.
07 Mar 2006 18:04:19
(Official Notice)
Shiree Litten has been appointed as company secretary with effect from 13 February 2006. Craig Garvie has resigned as company secretary.
03 Feb 2006 15:08:56
(Official Notice)
Shareholders are notified that at the company's annual general meeting held today, Friday 3 February 2006, all the ordinary and special resolutions proposed thereat were duly passed.
02 Feb 2006 14:17:35
(Official Notice)
Shareholders are advised that the annual financial statements for the year ended 31 August 2005 were posted on 11 January 2006 and are identical to the reviewed provisional results which were published in the press on 28 November 2005. KPMG audited the results and their report is available for inspection at the company's registered office. The annual general meeting of Trematon will be held on Friday, 3 February 2006. The notice of annual general meeting is issued with the annual report, which contains the annual financial statements of Trematon for the year ended 31 August 2005.
28 Nov 2005 17:20:46
(C)
During the year under review, Trematon's net asset value per share increased from 44c to 57c. The increase in net asset value primarily reflects increases in the rand value of the shares held in Intec Telecom plc and the linked units held in Spearhead Property Holdings Ltd. The headline profit per share of 12.5c compares with the headline profit of 13.5c for the year ended 31 August 2004. Prior to this year, Trematon's major asset was its shareholding in Intec Telecom Systems plc. During the second half of the year the company entered into a material transaction to acquire 1.7 million linked units in Spearhead Property Holdings Ltd at a price of 2 150c per linked unit. The purchase consideration of R36.6 million was settled by the issue of 66.5 million new Trematon shares at 55cps. Subsequent to the year end, Trematon has disposed of sufficient Spearhead linked units in the open market to ensure that the group has sufficient cash on hand for its short-term requirements. Accordingly, the directors have resolved to postpone a rights issue until such time as the company requires additional funding.



Prospects

The company is currently investigating a number of potential investments in both listed and unlisted companies. Shareholders will be informed of any material transactions into which the company enters.



Directors

The board of directors was reconstituted during the year. Messrs NA Labuschagne, M Farrer, MG Meehan, RE Sherell, P Ditz, AJF Mundell and RB McElligott resigned as directors whilst Messrs M Kaplan (Chair man), AM Louw and R Stumpf were appointed as non-executive directors and Messrs A Groll and AJ Shapiro as executive directors.
18 Jul 2005 16:04:42
(Official Notice)
At the general meeting held on 18 July 05 the ordinary and special resolutions to approve:

*the acquisition by the company of 1 700 000 linked units in Spearhead Property Holdings Ltd (`the acquisition`); and

*the increase in the company`s authorised share capital,

were approved by the requisite majority shareholders.



All the conditions precedent for the acquisition have now been fulfilled. The special resolutions for the increase in authorised share capital and the general share repurchase authority will be immediately lodged with the Registrar of Companies for registration.



Changes to the board of directors

As was published in an announcement dated 19 May 2005, following the implementation of the acquisition the board would be reconstituted. As such, Messrs NA Labuschagne (Chairman), P Ditz, M Farrer, RB McElligot, MG Meehan, AJF Mundell, RE Sherrell have resigned as non-executive directors with immediate effect. Messrs M Kaplan (Chairman), AM Louw and R Stumph have been appointed as non-executive directors with immediate effect.



In the abovementioned announcement dated 19 May 2005, shareholders were notified that the company proposed to undertake a rights offer to raise at least R25m. A circular containing the full details of the rights offer, and incorporating a form of instruction in respect of letters of allocation will, subject to approval by the JSE, be posted to Trematon shareholders in due course.
14-Nov-2016
(X)
The group is an investment group with investments, subsidiaries and associates engaged in a variety of industries which make up its investment portfolio, which seeks to generate superior risk-adjusted long-term returns for its shareholders. The company also engages in investment and trading in listed shares which are not specific to any industry.



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