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04-Sep-2018
(C)
23-Aug-2018
(Official Notice)
19-Jul-2018
(Official Notice)
The shareholders of WBHO were advised that WBHO UK Ltd., a wholly owned subsidiary of WBHO, has entered into an agreement through which it has acquired 60% of the issued share capital of Russells Ltd. for a consideration of GBP32.8 million and 31,7% of the issued share capital of Russell Homes Ltd. for a consideration of GBP3.25 million, with an effective date of 18 July 2018. Russells Ltd. is a main contracting business located in Manchester in the United Kingdom (UK) and provides design, installation and project management capabilities across all main sectors. Russells was founded in 1997 by Andrew and Gareth Russell and has grown from a small regional contractor into one of North West England?s largest and most successful construction business with a strong and reputable brand. Russell Homes Ltd. specialises in land acquisition and planning applications in respect of in-house and developer-led residential schemes and is experienced in delivering a full spectrum of builds, from cost-effective social housing to executive homes and luxurious bespoke builds.



Salient terms of the transaction

Russells Ltd.

* The purchase consideration for 60% of the issued share capital amounts to GBP32.8 million.

* An Option agreement has been entered into whereby:-

- WBHO is able to acquire an additional 20% of the issued share capital.

- The existing shareholders are able to dispose of their remaining 40% interest in the issued share capital in tranches of 10% with the first option exercisable in January 2019.

* The Option agreement contains a mechanism which places a cap on the future purchase consideration of the remaining option shares, such that the total consideration payable for 100% of the issued share capital cannot exceed GBP100 million.



Russell Homes Ltd.

* The purchase consideration for 31.7% of the issued share capital amounts to GBP3,25 million.

* There is no Option agreement in place to acquire additional shares.
27-Jun-2018
(Official Notice)
26-Jun-2018
(Official Notice)
At a general meeting held on 11 October 2006 relating to the introduction of an empowerment scheme by WBHO, shareholders passed, inter alia, a special resolution authorising WBHO to repurchase from Akani Investment Holdings (Pty) Ltd. (?Akani?), so many ordinary shares of the issued share capital in WBHO as determined under the applicable repurchase formula detailed in the subscription and repurchase agreements, at a purchase price of one cent per share.



In terms of the subscription and repurchase agreements WBHO has repurchased 3 299 550 of WBHO shares, with effect from 26 June 2018 from Akani.



Financial Impact

The specific repurchase will be funded from WBHO?s cash facilities and will result in a decrease in equity as a result of the repurchase and cancellation of WBHO shares.



Application will be made to the JSE for the cancellation of the 3 299 550 shares, which represent 5.22% of WBHO?s current issued share capital.
27-Feb-2018
(C)
14-Feb-2018
(Official Notice)
The directors of WBHO hereby advise shareholders that, in respect of the unaudited consolidated interim results for the period ended 31 December 2017, earnings per share and headline earnings per share are expected to vary by the percentages and amounts included in the table below:-

31 December FY17 % range between; 31 December FY17 between and 31 December FY16

Continuing operations

Earnings per share (cents) - 80% to 90% up; 716 and 755; 397.5

Headline earnings per share (cents) 80% to 90% up; 717 and 756; 398.1



Total operations

Earnings per share (cents) - 80% to 90% up; 709 and 748; 393.8

Headline earnings per share (cents) - 80% to 90% up; 712 and 751; 395.3



The directors further advise shareholders that the marked increase in earnings per share is attributable to the full value of the group?s socio-economic contribution arising from the Settlement Agreement signed with the Government of South Africa being recognised in the consolidated results for the comparative period ending 31 December 2016.



The table below illustrates adjusted earnings per share and headline earnings per share for period had the once-off settlement amount not been accounted for.



The operating performance of the group over the first six months of the financial year have been impacted by some margin impairment due to an under-performing contract in Australia and conservative profit taking on two large contracts, one in South Africa and one in Guinea which have experienced delays. Earnings were also reduced by losses from the Byrne Group (accounted for as an associate) in the United Kingdom due to restructuring costs and delay in contract awards through the first quarter.



31 December FY17 % range between; 31 December FY17 between and 31 December FY16 (adjusted for socio- economic fund contribution)

Continuing operations

Earnings per share (cents) - 1% to 6% up; 716 and 755; 709.5

Headline earnings per share (cents) - 1% to 6% up; 717 and 756; 710.1



Total operations

Earnings per share (cents) - 1% to 6% up; 709 and 748; 706.1

Headline earnings per share (cents) - 1% to 6% up; 712 and 751; 708.2



The financial results for the period to 31 December 2017 are expected to be released on SENS 27 February 2018.
23-Jan-2018
(Official Notice)
Notice was given that the Company?s updated annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website.
29-Nov-2017
(Official Notice)
Shareholders are advised that Macquarie is hosting a CEO Infrastructure Conference on Wednesday, 29 November 2017 at which the company?s management will be submitting a presentation. The presentation will be made available on the company?s website at www.wbho.co.za.
23-Nov-2017
(Official Notice)
WBHO shareholders were advised that at the Annual General Meeting of shareholders held on Wednesday, 22 November 2017, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.
01-Nov-2017
(Official Notice)
Shareholders are advised of the resignation of Ms Gando Matyumza effective 24th November 2017 as Independent Non-executive Director and Lead Independent Director. Mr Ross Gardiner will be appointed as Lead Independent Director effective 24th November 2017.



Ms Matyumza served as an Independent Non-executive Director for eight (8) years and also held the positions as Chairpersons of the Audit Committee and Nomination Committee, and in addition was a member of the Social and Ethics Committee.



Mr James Ngobeni is retiring at the AGM on Wednesday, 22nd November 2017 and will not be available for re-election to the board. He served as an Independent Non- executive Director of the board for 11 years.



Appointments

Messrs Hatla Ntene, Cobus Bester and Ms Karen Forbay will join the board with effect from 1 November 2017 as Independent Non-executive Directors.



Board Committees

The changes to the Committees take into account the unique skills, experience of each newly appointed director, and aligns the Board with the recommendations of the King IV Code on Corporate Governance.



Following implementation of the abovementioned directors to the Board , the Committees will be constituted as follows :

Audit Committee

Cobus Bester (Chairman)

Karen Forbay

Ross Gardiner

Savannah Maziya



Remuneration Committee

Savannah Maziya (Chairperson)

Ross Gardiner

Hatla Ntene



Social and Ethics Committee

Hatla Ntene (Chairman)

Ross Gardiner

Karen Forbay



Risk Committee

Ross Gardiner (Chairman)

Cobus Bester

Karen Forbay

Savannah Maziya



Nominations Committee

Mike Wylie

Cobus Bester

Karen Forbay

Ross Gardiner

Savannah Maziya

Hatla Ntene
24-Oct-2017
(Official Notice)
Shareholders are advised that the Integrated Report for the year ended 30 June 2017, including summarised consolidated financial statements for the same period, is available on the company?s website at www.wbho.co.za, with effect from Tuesday, 24 October 2017.



No change statement

The summarised consolidated financial statements included in the Integrated report contain no changes or modifications to the audited summarised consolidated financial statements for the year ended 30 June 2017 published on SENS on 5 September 2017 and posted to shareholders on 6 September 2017.



The audited summarised consolidated financial statements for the year ended 30 June 2017 are an extract of the full audited consolidated financial statements which have been audited by BDO South Africa Incorporated and their unmodified report is available for inspection at the company?s registered office. The full audited consolidated financial statements for the year ended 30 June 2017 are also available on the company?s website.



Notice of AGM

The 35th annual general meeting of WBHO will be held at 53 Andries Street, Wynberg, Sandton on Wednesday 22 November 2017 at 11h00 for the purpose of conducting the business as stated in the Notice of Annual General Meeting in the 2017 abridged financial statements.



The record date for shareholders to be recorded in the register of the Company in order to be able to attend, participate and vote at the annual general meeting is Friday, 17 November 2017 (?voting record date?). Accordingly the last date to trade in order to be registered in the Company?s register of shareholders is Tuesday, 14 November 2017. Forms of proxy must be lodged by no later than 11h00 on Tuesday, 21 November 2017.
12-Oct-2017
(Official Notice)
In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website.

05-Sep-2017
(C)
Revenue for the year was 4.1% higher to R31.9 billion (R30.7 billion). Operating profit took a dip to R780.6 million (R991.2 million). Profit attributable to equity shareholders decreased to R722.1 million (R725.5 million). In addition, headline earnings per share from continuing operations went down 2.5% to 1 308.9 cents per share (1 342.9 cents per share).



Dividend

Notice is hereby given that the directors have declared a final gross dividend of 325 cents per share (313 cents) payable to all shareholders recorded in the register on 20 October 2017.
22-Aug-2017
(Official Notice)
Shareholders are referred to the market update published on SENS of the JSE Limited on 23 June 2017. In the period to 30 June 2017, WBHO has recognised the full value of the group?s socio-economic contribution arising from the Settlement Agreement signed with the Government of South Africa on 11 October 2016, along with the corresponding financial liability.



As a result, the directors of Wilson Bayly Holmes-Ovcon Ltd hereby advise shareholders that, in respect of the consolidated financial results for the year ended 30 June 2017, earnings per share and headline earnings per share are expected to vary by the percentages and amounts included in the table below:-

30 June FY17 % range between

Continuing operations:

Earnings per share (cents) : 0% to 10% down

Headline earnings per share (cents) : 0% to 10% down



30 June FY17 Between

Earnings per share (cents) : 1 396 and 1 256

Headline earnings per share (cents): 1 343 and 1 209



Total operations:

Earnings per share (cents) : 5% up to 5% down

Headline earnings per share (cents) : 5% up to 5% down



30 June FY17 Between

Earnings per share (cents): 1 388 and 1 256

Headline earnings per share (cents) : 1 358 and 1 229



The summary consolidated financial statements for the year ended 30 June 2017 are expected to be released on SENS on 5 September 2017.



Directorate changes

In compliance with the Listings Requirements of the JSE Limited, shareholders are advised of the directorate changes following the resignation of Ms Nosipho Siwisa Damasane from the board on 3 August 2017. Ms Savannah Maziya has been appointed as a member of the audit committee with immediate effect.



This statement has not been reviewed nor reported on by the company?s auditors.

03-Aug-2017
(Official Notice)
In compliance with the Listings Requirements of the JSE Limited, shareholders are advised of the resignation of Ms Nosipho Siwisa Damasane from the board with immediate effect. Ms Damasane has accepted a full time senior executive position with a major listed company.



Ms Damasane served as an independent non-executive director on the board and as a member of the Audit - Risk committee and Nomination Committee and as Chairperson of the Social - Ethics committee.



The Chairman and Board express their appreciation for her valued contribution and guidance and wish her all the best in her future endeavours. Further appointments to the board will be announced in due course.
23-Jun-2017
(Official Notice)
28-Feb-2017
(C)
15-Feb-2017
(Official Notice)
In the six month period to 31 December 2016, WBHO has recognised the full value of the group?s socio-economic contribution arising from the Settlement Agreement signed with the Government of South Africa on 11 October 2016, along with the corresponding financial liability.



As a result, the directors of WBHO hereby advise shareholders that, in respect of the unaudited consolidated interim results for the period ended 31 December 2016, earnings per share and headline earnings per share are expected to vary by the percentages and amounts included in the table below:-

31 December FY16 % range between; 31 December FY16 between and 31 December FY15

Continuing operations

Earnings per share (cents) - 37.5% to 42.5% down; 372 and 404; 646,7

Headline earnings per share (cents) - 37.5% to 42.5% down; 371and 403; 644,7



Total operations

Earnings per share (cents) - 37.5% to 42.5% ;365 and 396; 634,1

Headline earnings per share (cents) - 37.5% to 42.5% down; 363 and 395; 632,1



Other than the effect of a single loss-making project in Australia, the group achieved satisfactory trading over the six month period. In order to provide shareholders with a clearer analysis of the group?s trading activities, the table below illustrates adjusted earnings per share and headline earnings per share for period had the once-off settlement amount not been accounted for.



31 December FY16 % range between; 31 December FY16 between and 31 December FY15

Continuing operations

Earnings per share (cents) - 5% to 10% up 679 and 711 646,7

Headline earnings per share (cents) - 5% to 10% up 677 and 709 644,7



Total operations

Earnings per share (cents) - 7,5% to 12,5% up; 682 and 713; 634,1

Headline earnings per share (cents) - 5% to 10% up; 664 and 695; 632,1



The financial results for the period to 31 December 2016 are expected to be released on SENS 28 February 2017.
06-Dec-2016
(Official Notice)
Shareholders are advised that Macquarie is hosting a CEO Construction Conference on Tuesday, 6 December 2016 at which the management of the Company will be submitting a presentation providing a market update. The presentation will be made available on the Company?s website at www.wbho.co.za.
29-Nov-2016
(Official Notice)
Shareholders are referred to the SENS announcement dated 11 October 2016 in which WBHO advised that WBHO Construction (Pty) Ltd. (WBHO) a subsidiary of Wilson Bayly Holmes ? Ovcon Ltd. had entered into a settlement agreement (the Settlement Agreement) with the government of the Republic of South Africa (the Government).



WBHO has adopted the development initiative to mentor three emerging contractors in the construction business as defined below in the previous SENS announcement:

The Construction Companies have also individually undertaken to either: launch development initiatives with the aim of identifying, developing and mentoring up to three emerging contractors (Emerging Contractors), to ensure that the Emerging Contractors will have the necessary skills and quantity of work required to generate a cumulative combined annual turnover equal to at least 25% of the annual South African civil engineering and general building construction works turnover of the relevant Construction Company within 7 years. Aligned to this obligation, are fixed interim period transformation targets .



Further to the abovementioned settlement agreement with the South African Government which was signed on the 11th of October 2016, WBHO has concluded agreements with Fikile Construction (Pty) Ltd., Motheo Construction (Pty) Ltd. and Edwin Construction (Pty) Ltd. who now become our Development contractors whose turnover should in 7 years represent more than 25% of WBHO?s South African turnover in Civil - Building and Roads - Earthworks .





16-Nov-2016
(Official Notice)
WBHO shareholders are advised that at the Annual General Meeting of shareholders held on Wednesday, 16 November 2016, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.
24-Oct-2016
(Official Notice)
Shareholders are advised that the Integrated Report for the year ended 30 June 2016, including the summarised consolidated financial statements for the same period, is available on the company?s website at www.wbho.co.za, with effect from Monday, 24 October 2016 .



No change statement

The summarised consolidated financial statements included in the Integrated report contain no changes or modifications to the audited summarised consolidated financial statements for the year ended 30 June 2016 that were published on SENS on 6 September 2016 and posted to shareholders on 7 September 2016.



The audited summarised consolidated financial statements for the year ended 30 June 2016 are an extract of the full audited consolidated financial statements which have been audited by BDO South Africa Incorporated and their unmodified report is available for inspection at the company?s registered office. The full audited consolidated financial statements for the year ended 30 June 2016 are also available on the company?s website.



Notice of annual general meeting

The 34th annual general meeting of Wilson Bayly Holmes-Ovcon Ltd. will be held at 53 Andries Street, Wynberg, Sandton on Wednesday 16 November 2016 at 11h00 for the purpose of conducting the business as stated in the Notice of Annual General Meeting included with the summarised consolidated financial statements posted to shareholders on 7 September 2016, and which are also available on the company?s website.



The record date for shareholders to be recorded in the register of the company in order to be able to attend, participate and vote at the annual general meeting is Friday, 11 November 2016 (?voting record date?). Accordingly the last date to trade in order to be registered in the company?s register of shareholders is Tuesday, 8 November 2016. Forms of proxy must be lodged by no later than 11h00 on Monday, 14 November 2016.
11-Oct-2016
(Official Notice)
Shareholders are advised that WBHO Construction (Pty) Ltd. (WBHO) a subsidiary of Wilson Bayly Holmes ? Ovcon Ltd. entered into a settlement agreement (the Settlement Agreement) with the government of the Republic of South Africa (the Government), together with other construction companies (collectively, the Construction Companies), in an effort to address the Construction Companies? exposure to potential claims for damages from certain identified public entities (the Claims) arising primarily from the fast track settlement process launched by the South African Competition Authorities in February 2011 (the Fast Track Settlement Process), as well as to significantly advance the transformation of the South African construction sector.
06-Sep-2016
(C)
05-Sep-2016
(Official Notice)
Shareholders are advised of the resignation of Ms Mjoli-Mncube and the appointment of Ms Nosipho Siwisa Damasane.



Ms Nhlanhla Mjoli-Mncube is retiring at the AGM on Wednesday, 16 November 2016 and will not be available for re-election to the board. She served as an independent non-executive director on the board and as a member of the Audit - Risk committee and Nomination Committee and as Chairperson of the Social - Ethics committee.



Ms Nosipho Siwisa Damasane will join the board effective 1 September 2016 as an independent non-executive director and has been appointed as a member of the Audit - Risk Committee and Nomination Committee and as Chairperson of the Social - Ethics Committee. She has vast experience in the logistics and transportation industry having held various executive directorship positions at Transnet overseeing the areas of Port operations and port-rail integration. More recently she was CEO of Richards Bay Coal Terminal.
19-Aug-2016
(Official Notice)
The directors of Wilson Bayly Holmes-Ovcon Ltd. hereby advise shareholders that, in respect of the consolidated financial results for the year ended 30 June 2016, earnings per share and headline earnings per share are expected to vary by the percentages and amounts included in the table below:-



Continuing operations:

30 June 2016 % range between; 30 June 2016 Between; 30 June 2015 Restated; 30 June 2015 As previously reported

*Headline earnings per share (cents) - 20% to 30% up; 1 309 and 1 418; 1 090.7; 1 105.7

*Earnings per share (cents) - 50% to 60% up; 1 340 and 1 430; 893.6; 908.6



Total operations:

*Headline earnings per share (cents) - 5% to 15% up; 1 234 and 1 351; 1 175.2; 1 175.2

*Earnings per share (cents) - 25% to 35% up; 1 287 and 1 390; 1 029.5; 1 029.5



Restatement of prior year figures

During the year under review 3Q Mahuma Concrete Holdings (Pty) Ltd, a subsidiary of Capital Africa Steel (Pty) Ltd met the requirements for classification as a discontinued operation in terms of International Financial Reporting Standards (IFRS). Earnings per share and headline earnings per share in respect of the comparative period 30 June 2015 have been restated accordingly.



Commentary

The significant increase in earnings per share from continuing operations is attributable to normalised earnings generated from Australia.



The smaller increase anticipated in respect of earnings per share from total operations at 30 June 2016 is due to the loss recognised on the disposal of Capital Star Steel.



The summary consolidated financial statements for the year ended 30 June 2016 are expected to be released on SENS on 5 September 2016.



This statement has not been reviewed nor reported on by the company?s auditors.



23-Feb-2016
(C)
12-Feb-2016
(Official Notice)
The directors of Wilson Bayly Holmes-Ovcon Ltd hereby advise shareholders that, in respect of the consolidated interim results for the period ended 31 December 2015, earnings per share and headline earnings per share are expected to vary by the percentages and amounts in comparison to the restated figures:



31 December FY15(%); 31 December FY15 (Between); 31 December FY14(Restated); 31 December FY14(As previously reported)

Continuing operations

*Headline earnings per share (cents): 20% to 25% up; 626 and 652; 521,7; 529,9

*Earnings per share (cents):15% to 20% up; 629 and 656; 547,0; 555,2



Total operations

*Headline earnings per share (cents): 15% to 20% up; 622 and 649; 540,9; 540,9

*Earnings per share (cents): 7,5% to 12,5% up; 612 and 641; 569,8 ; 569,8



During the period under review 3Q Mahuma Concrete (Pty) Ltd, a subsidiary of Capital Africa Steel (Pty) Ltd met the requirements for classification as a discontinued operation in terms of International Financial Reporting Standards (IFRS). Earnings per share and headline earnings per share in respect of the comparative period 31 December 2014 have been restated accordingly.



The financial results for the period to 31 December 2015 are expected to be released on SENS 23 February 2016. This statement has not been reviewed or reported on by the company's auditors.





11-Dec-2015
(Official Notice)
At a general meeting held on 11 October 2006 relating to the introduction of a BEE shareholding into WBHO, shareholders passed, inter alia, a special resolution whereby WBHO is required to repurchase from Akani Investment Holdings (Proprietary) Limited (?Akani?), at a purchase price of one cent per share, so many ordinary shares in WHBO as determined under the applicable repurchase formula detailed in the subscription and repurchase agreements.



Opinion of the directors

The directors of WBHO have considered the impact of the share repurchase and are of the opinion that:

* WBHO and its subsidiaries will in the ordinary course of business be able, to repay its debts for a period of 12 months from the date of this announcement.

* the assets of WBHO and its subsidiaries are in excess of the liabilities, measured in accordance with the accounting policies used in the latest audited consolidated annual financial statements for the year ended 30 June 2015.

* the ordinary share capital and reserves of WBHO and its subsidiaries will be adequate for a period of 12 months from the date of this announcement.

* the working capital of WBHO and its subsidiaries will be adequate for a period of 12 months from the date of this announcement.



The directors have assessed the possible effects of the repurchase of shares on the liquidity and solvency of WBHO prior to the implementation of the share repurchase and are satisfied that WBHO and its subsidiaries have passed the solvency and liquidity test and that there have been no material changes to the financial position of WBHO and its subsidiaries since the test was performed.



Financial Impact

The specific repurchase will be funded from WBHO?s cash facilities and will result in a decrease in equity as a result of the repurchase and cancellation of WBHO shares.



JSE Listing

Application will be made to the JSE for the cancellation of the 2 809 936 shares, which represent 4.26% of WBHO?s current issued share capital.

12-Nov-2015
(Official Notice)
WBHO shareholders are advised that at the Annual General Meeting of shareholders held on Wednesday, 11 November 2015, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members. In this regard, WBHO confirms the voting statistics from the AGM as follows:

*Total Number of shares that could be voted at the meeting: 100% - 66 000 000

*Total number of shares present/represented including proxies at meeting: 61.46% - 40 562 449

*Total number of members present: 8
28-Oct-2015
(Official Notice)
Shareholders are advised that Macquarie is hosting a CEO Construction Conference on Wednesday, 28 October 2015 at which the Company?s management will be submitting a presentation. The presentation will be made available on the Company?s website at www.wbho.co.za.
15-Oct-2015
(Official Notice)
Shareholders are advised that the Integrated Report for the year ended 30 June 2015, including summarised consolidated financial statements for the same period, is available on the company?s website at www.wbho.co.za, with effect from Wednesday, 14 October 2015.



No change statement

The summarised consolidated financial statements included in the Integrated report contain no changes or modifications to the audited summarised consolidated financial statements for the year ended 30 June 2015 published on SENS on 31 August 2015 and posted to shareholders on 3 September 2015. The audited summarised consolidated financial statements for the year ended 30 June 2015 are an extract of the full audited consolidated financial statements which have been audited by BDO South Africa Incorporated and their unmodified report is available for inspection at the company?s registered office. The full audited consolidated financial statements for the year ended 30 June 2015 are also available on the company?s website.



Notice of AGM

The 33rd annual general meeting of WBHO will be held at 53 Andries Street, Wynberg, Sandton on Wednesday 11 November 2015 at 11h00 for the purpose of conducting the business as stated in the Notice of Annual General Meeting in the 2015 abridged financial statements. The record date for shareholders to be recorded in the register of the Company in order to be able to attend, participate and vote at the annual general meeting is Friday, 6 November 2015 (?voting record date?). Accordingly the last date to trade in order to be registered in the Company?s register of shareholders is Friday, 30 October 2015. Forms of proxy must be lodged by no later than 11h00 on Tuesday, 10 November 2015.
31-Aug-2015
(C)
Revenue for the year grew 14.8% to R29.5 billion (R25.7 billion). Operating profit lowered to R602.1 million (R978.5 million). Profit attributable to equity shareholders increased to R568.7 million (R422.7 million). In addition, headline earnings per share decreased by 13.5% to 1 105.7 cents per share (1 278.4 cents per share).



Dividend

Notice is hereby given that the directors have declared a final gross dividend of 258 cents per share (233 cents) payable to all shareholders recorded in the register on 16 October 2015.
14-Aug-2015
(Official Notice)
The directors of WBHO advised shareholders that, in respect of the consolidated results for the year ended 30 June 2015, earnings per share and headline earnings per share are expected to vary by the percentages and amounts included in the table below:-



30 June FY15 (%): 30 June FY15 (Between): 30 June FY14

Continuing operations

*Headline earnings per share (cents): 7.5% to 17.5% down: 1 058 and 1 186: 1 282,1

*Earnings per share (cents): 25% to 35% down: 828 and 956: 1 274,5



Total operations

*Headline earnings per share (cents): 5% down and 5% up: 1 114 and 1 231: 1 172,6

*Earnings per share (cents): 30% to 40% up: 993 and 1 069: 763,8





The financial results for the year to 30 June 2015 are expected to be released on SENS 31 August 2015. Shareholders are advised to read this trading statement in conjunction with the business update released on SENS in June 2015. This statement has not been reviewed or reported on by the company?s auditors.
02-Jul-2015
(Official Notice)
23-Feb-2015
(C)
10-Feb-2015
(Official Notice)
The directors of WBHO hereby advise shareholders that, in respect of the unaudited consolidated results for the six months ended 31 December 2014, total earnings per share (ie continuing and discontinued operations) will increase by up to 5% (548 to 576 cents per share) in relation to the comparative period (548 cents per share), while headline earnings per share for same period will decrease by between 5% and 10% (528 to 557 cents per share) in relation to the comparative period (586 cents per share).



The results in respect of the comparative period, being the six months to 31 December 2013, are to be restated in accordance with International Financial Reporting Standards (IFRS) in order to disclose the results from the discontinued operations reported upon at 30 June 2014 as well as a further business from within the construction materials segment which has met the requirements for classification as a discontinued operation in the current six months.



As a result of the restatement, earnings per share in respect of continuing operations is expected to decrease by between 10% and 15% (547 to 579 cents per share) in relation to the restated comparative period (644 cents per share), while headline earnings per share in respect of continuing operations is expected to decrease by between 15% and 20% (519 to 552 cents per share) in relation to the restated comparative period (649 cents per share)



The reasons for the decrease in earnings for the six months to 31 December 2014 relate predominantly to poor performances from both Australian civil businesses, namely WBHO Civil and Probuild Civil, as a result of three material loss-making projects.



The remaining business segments have performed largely in line with management?s expectations, full details of which will be disclosed in the unaudited consolidated results to be released on SENS on 23 February 2015.
13-Nov-2014
(Official Notice)
13-Nov-2014
(Official Notice)
WBHO shareholders are advised that at the Annual General Meeting of shareholders held on Wednesday, 12 November 2014, all the ordinary and special resolutions as proposed in the Notice of the Annual General Meeting were approved by the requisite majority of members.
15-Oct-2014
(Official Notice)
Shareholders are advised that the company's 2014 Integrated Report and consolidated annual financial statements for the year ended 30 June 2014 contain no changes or modifications to the audited consolidated financial statements published on 1 September 2014.



The 2014 Integrated Report and consolidated annual financial statements are available on the company's website at www.wbho.co.za and have been posted to shareholders on 14 October 2014.



The consolidated annual financial statements have been audited by BDO South Africa Incorporated and their unmodified report is available for inspection at the company's registered office.



Notice of annual general meeting

The 32nd annual general meeting of WBHO will be held at 53 Andries Street, Wynberg, Sandton on Wednesday 12 November 2014 at 11h00 for the purpose of conducting the business as stated in the Notice of Annual General Meeting in the 2014 integrated report.



The record date for shareholders to be recorded in the register of the company in order to be able to attend, participate and vote at the annual general meeting is Friday, 7 November 2014 ("voting record date"). Accordingly the last date to trade in order to be registered in the company's register of shareholders is Friday, 31 October 2014. Forms of proxy must be lodged by no later than 11h00 on Tuesday, 11 November 2014.
01-Sep-2014
(C)
18-Aug-2014
(Official Notice)
Subsequent to the business update released on SENS in June 2014 in which shareholders were advised of the effects of production constraints and poor trading conditions on the value of non-current assets within the pipe mill, Capital Star Steel, as well as concerns over the future viability of the business, a decision was reached to either sell or close the operation. The shelving and racking businesses, Symo (a division within Capital Africa Steel (Pty) Ltd.) and Krost Shelving (Pty) Ltd. were also both disposed of during the year and, pending certain conditions precedent, an agreement has been concluded in respect of the sale of Dywidag-Systems International (Pty) Ltd., the business supplying roof bolts to the mining sector. As a result these businesses will be disclosed as discontinued operations in the upcoming release of results.



Thus the directors of WBHO advised shareholders that in respect of the consolidated results for the year ended 30 June 2014, earnings per share from continuing operations will increase by between 10% and 20% while headline earnings per share from continuing operations will increase by between 5% and 15%. Earnings per share will decrease by between 25% and 35% while headline earnings per share will be in a range of between -5% and 5% of that of the comparative period. The financial results for the year to 30 June 2014 are expected to be released on SENS 1 September 2014.
22-Jul-2014
(Official Notice)
Shareholders are advised that WBHO launched a sponsored American Depository Receipt ("ADR") programme yesterday on the over-the-counter market in the United States ("US") through Bank of New York Mellon ("BNY Mellon"). Each depository receipt in the ADR programme represents one (1) ordinary share in WBHO and trades under the symbol WBYLY. By establishing the ADR programme, WBHO hopes to make investing in WBHO accessible to more international investors, particularly US investors.
27-Jun-2014
(Official Notice)
The Directors of WBHO advised shareholders of the effects of production constraints and adverse trading conditions on the value of non-current assets on the group's balance sheet in respect of its construction materials segment and more specifically the pipe mill, Capital Star Steel S.A. (CSS) in Mozambique.



CSS is a subsidiary of Capital Africa Steel (Pty) Ltd. (CAS), the company through which WBHO operates its construction materials businesses. As reported at 31 December 2013, the profitability of CSS was severely affected by various production stoppages which have continued into the second half of the year. CAS has provided CSS with working capital funding to the value of R120 million in support of two recovery plans. The required production outputs from these recovery plans have not been achieved. Furthermore, aggressive competition in the international project pipe market has affected the future operations of CSS.



It is expected that the cumulative effects of the above will result in the economic value of the assets of CSS being materially less than their current carrying amount of R539 million, resulting in an impairment thereof. The impairment will affect earnings per share however the headline earnings per share of the group will not be affected.
24-Feb-2014
(C)
Revenue for the interim period increased by 11.3% to R13.4 billion (2012: R12 billion). Operating profit lowered to R437.5 million (2012: R550.7 million), while profit attributable to equity shareholders of WBHO dropped to R303.3 million (2012: R380.1 million). Furthermore, headline earnings per share weakened by 20.4% to 586.4cps (2012: 736.3cps).



Dividend declaration

The directors have declared an interim dividend of 135cps (2012: 135cps).



Order book and prospects

The order book at 31 December 2013 has increased 16% to R25.3 billion from R21.9 billion.
13-Feb-2014
(Official Notice)
The directors of WBHO advised shareholders that in respect of the unaudited consolidated results for the six months ended 31 December 2013, earnings per share and headline earnings per share will decrease by between 17.5% and 22.5% in relation to the comparative period.



The decrease in earnings is primarily due to losses from Capital Star Steel, the pipe factory in Mozambique, as well as a loss from the disposal of Symo, a shelving business within Capital Africa Steel. These losses have been fully consolidated into the group from 1 July 2013 . Additionally, the impact of subdued mining activity in West Africa has negatively affected both revenue and profit generated from the Roads and earthworks business.



The announcement of the group's interim results for the six months to 31 December 2013 is expected to be released on SENS on Monday, 24 February 2014.
23-Jan-2014
(Official Notice)
Shareholders are advised of the resignation of Mr Jacobus Petrus (Kobie) Botha as an executive director with effect from 23 January 2014, and the appointment of Mr Ross William Gardiner as an independent non-executive director to the board.
13-Nov-2013
(Official Notice)
Shareholders are advised that at the annual general meeting all the resolutions, with the exception of ordinary resolution number 7 below, as set out in the notice and proposed at the meeting were passed by the requisite majority of shareholders present or represented by proxy. Ordinary resolution number 7 was withdrawn prior to the commencement of the meeting. The relevant special resolutions will be submitted to the Companies and Intellectual Property Commission in due course.
11-Oct-2013
(Official Notice)
Shareholders are advised that the company's 2013 Integrated Report and consolidated annual financial statements for the year ended 30 June 2013 contain a modification from the audited consolidated financial statements published on 2 September 2013. A taxation asset amounting to R255 million has been reclassified from current liabilities to current assets with the effect that total current liabilities have increased from R7,355 million to R7,590 million and total current assets have increased from R8,698 million to R8,953 million.



The 2013 Integrated Report and consolidated annual financial statements are available on the company?s website at www.wbho.co.za and will be posted to shareholders on or about 14 October 2013. The consolidated annual financial statements have been audited by BDO South Africa Incorporated and their unmodified report is available for inspection at the company?s registered office.



The 31st annual general meeting of Wilson Bayly Holmes-Ovcon Limited will be held at 53 Andries Street, Wynberg, Sandton on Wednesday 13 November 2013 at 11h00 for the purpose of conducting the business as stated in the Notice of Annual General Meeting in the 2013 integrated report.
02-Sep-2013
(C)
Revenue went up 32.9% to R23.8 billion (R17.9 billion) whilst operating profit decreased to R907.8 million (R974.6 million). Attributable profit increased to R611.7 million (R648.8 million). In addition, headline earnings per share fell 1.4% to 1 150.9 cents per share (1 166.7 cents per share).



Dividend

Notice was given that the directors have declared a final gross dividend, from income reserves, of 233 cents per share (242 cents per share) payable to all shareholders recorded in the register on Friday, 18 October 2013.



Prospects

Margins within the local building markets are improving and, as can be seen from the 123% increase in the Building and civil engineering divisions order book, activity levels are high. Recent major awards include a refurbishment of the Silverstar Casino and the Eyethu Orange Farm shopping centre. Current levels of commodity prices continue to affect activity in the mining sector locally as well as in Africa and Australia. Of particular concern is the decline in mining projects in West Africa. Furthermore the suspension of the Mayoko project for Exxaro in the Congo has affected the Roads and earthworks order book. The project is anticipated to commence later in the year and WBHO remains the preferred contractor. The Roads and earthworks division has secured additional projects to the value R680 million at the time of going to press. We expect a number of opportunities to arise in the oil and gas market in Mozambique and have established a regional office in Pemba to focus on these. The road market remains competitive.



In Australia, the merger of Probuild and Contexx has created Tier One construction capabilities across all the major sectors in Melbourne. The building market in Sydney is showing signs of revival after many years of static activity. Not included in Probuilds order book are the AUD355 million Eastland shopping centre, a AUD155 million multi-story residential tower and AUD65 million offices for South East Water for which Probuild is the preferred contractor. WBHO Civil has now stabilised after last years restructuring and the award of high profile contracts in FY13 will raise the profile of the business in FY14.
22-Aug-2013
(Official Notice)
The directors of WBHO advised that the consolidated results for WBHO for the year ended 30 June 2013 will show a 5% to 10% decline in earnings per share and a 0% to 5% decline in headline earnings per share.



The reduction in earnings is primarily due to additional provisioning for the Competition Commission penalty, the tax treatment thereof and margin dilution in Australia as a result of three challenging projects.



The financial results for the year to 30 June 2013 are expected to be released on SENS 2 September 2013.
23-Jul-2013
(Official Notice)
Shareholders are referred to the announcement released on SENS on 24 June 2013 and are now advised that the Competition Tribunal has confirmed the administrative penalty of R311 million in three equal instalments over a period of 2 years.



24-Jun-2013
(Official Notice)
Shareholders are advised that WBHO entered into a settlement agreement with the Competition Commission relevant to its fast track settlement investigation into historical anti-competitive practices in the construction industry on Sunday 23 June 2013.



WBHO has agreed to pay an administrative penalty of R 311 million in three equal instalments over a period of two years. WBHO had provided R 220 million for administrative penalties in the Financial Year ended 30 June 2012. An amount of R 91 million will be accounted for in the financial results for the financial year 30 June 2013. Five alleged prohibited practices that WBHO believes are not contraventions of the Competition Act have not been settled as part of the fast track settlement process.



If confirmed by the Competition Tribunal, this represents a full and final settlement of the agreed prohibited practices per the settlement agreement. One prohibited practice which was excluded from the fast track settlement invitation, is still to be settled with the Competition Commission.
07-Jun-2013
(Official Notice)
The group's order book increased to R23.5 billion compared to R22.8 billion as at December 2012. The group has been able to consistently secure new projects in all segments of the business other than in the West African Region. The volatility of iron ore and gold commodity prices has slowed development of mines in the region. WBHO is the preferred contractor for certain civil packages on the Mayoko Iron Ore Project in the Republic of Congo. The formal award of the first package has been received with a commencement date of the 6 June 2013. The award of the remaining packages should alleviate the work procurement pressures in West Africa.



Operational and Segmental Update



Building and Civil Engineering

The building divisions in all regions? margins remain under pressure but are performing well in the current environment. The civil division has been affected by the slowdown in mining related infrastructure but has been successful in securing work in Zambia and Botswana.



Roads and Earthworks

The division has generally performed well in all the African regions it operates in. Payments for the Free State roads projects are being received in terms of the agreement with the Free State Provincial Government.



Australia

The Probuild business has been negatively impacted by three projects which are behind program resulting in excessive costs to complete, however, the balance of the business, in a very competitive environment, has performed adequately. The positive outcome of possible claims relating to these projects will not be resolved in the financial year ended 30 June 2013. WBHO Civil's execution of projects has improved but the business is affected by the slowdown in mining related infrastructure activities in Australia.



Capital Africa Steel

Subject to Competition Commission approval Capital Africa Steel has bought back 10% of its shares from Carlmac. If approved by the Competition Commission WBHO shareholding will go above 50% resulting in the Capital Africa Steel business being consolidated by WBHO.



Competition Commission

WBHO has not yet reached agreement with the Competition Commission with respect to its Fast Track Settlement investigations into historical anti-competitive practices in the construction industry. WBHO is not able to confirm the accuracy of the administrative penalty provision accounted for in the prior year.
25-Feb-2013
(C)
Revenue improved by 43.4% to R12 billion (R8.4 billion) and operating profit grew to R550.7 million (R480.8 million). Profit attributable to ordinary shareholders of the company rose to R380.1 million (R360.6 million), while headline earnings per share increased to 736.3cps (632.9cps).



Dividend

Notice is hereby given that the directors have declared a gross interim dividend of 135cps payable to all shareholders recorded in the register on 19 April 2013.



Prospects

Our order book at 31 December 2012 was satisfactory, amounting to R22.8 billion (June 2012: R20.9 billion). The order book now comprises 55% foreign projects and the balance is South African. The percentage of order book split by segment is illustrated below:

*Building and Civil Engineering 31%

*Roads and Earthworks 21%

*Australia 48%



In general margins have stabilised and have shown small improvements in specific areas and disciplines.

South Africa and Africa

The civil engineering division has experienced a slow-down on projects coming to the market. Work for Eskom, Transnet, Sasol and the coal mining industry continues. Our building divisions are operating at full capacity and we anticipate several additional large projects coming to the market from private clients in Gauteng as well as in the coastal areas. In West Africa the roads and earthworks division has experienced a tender slow-down with regard to projects in the six months to 31 December 2012. However, subsequent to 31 December 2012 this activity has increased. In South Africa and SADEC, road works and mining infrastructure is still providing a steady flow of projects.



Australia

The Probuild building market is subdued with key targeted retail prospects that were expected to have been bid and awarded in the period being delayed. The damage caused by floods in Queensland should provide opportunities for Probuild Civils. WBHO Civils Pty Ltd is strategically placed to prosper from the resource sector in Western Australia.



22-Feb-2013
(Official Notice)
Shareholders are hereby notified of the resignation of Mr Malcolm McCulloch as non-executive director with effect from 22 February 2013 to pursue a newly acquired interest in a long steel products business which is a direct competitor of Capital Africa Steel an associate in which WBHO has a 50% interest.
12-Feb-2013
(Official Notice)
The directors advised that the unaudited consolidated results for WBHO for the six months ended 31 December 2012 will show a 2.5% to 7.5% increase in earnings per share and a 15% to 20% increase in headline earnings per share compared to the comparative period. The announcement of the interim results for the six months ended 31 December 2012 is expected to be published on Monday, 25 February 2013.
04-Feb-2013
(Official Notice)
WBHO is currently engaging in confidential discussions with the Competition Commission pursuant to the Commission's invitation to the construction industry. These discussions involve a small number of projects and WBHO hopes to conclude this process shortly, at which stage investors will be advised accordingly.



With regards to the criminal conduct we strongly reject any suggestions in this regard.
07-Nov-2012
(Official Notice)
Shareholders are advised that at today?s annual general meeting all the resolutions set out in the notice and proposed at the meeting were passed by the requisite majority of shareholders. The relevant special resolutions will be submitted to the Companies and Intellectual Property Commission in due course.
10-Oct-2012
(Official Notice)
Shareholders were advised that the company's 2012 Integrated Report containing the annual financial statements for the year ended 30 June 2012 was posted to shareholders on 8 October 2012 and contains no modifications from the audited consolidated condensed results published on 3 September 2012.



The consolidated annual financial statements have been audited by BDO South Africa Incorporated and their unmodified report is available for inspection at the company's registered office.



Notice of annual general meeting

The 30th annual general meeting of WBHO will be held at 53 Andries Street, Wynberg, Sandton on Wednesday, 7 November 2012 at 11h00 for the purpose of conducting the business as stated in the Notice of Annual General Meeting in the 2012 integrated report.
10-Sep-2012
(Official Notice)
The directors of WBHO announced that Probuild Constructions (Aust) Pty Ltd. ("Probuild"), an Australian based construction company and a subsidiary of WBHO, has reached agreement with Messrs S Gray and N Henderson, to acquired the remaining 49.9% interest in Contexx Holdings (Pty) Ltd. ("Contexx") that they do not already own ("the Proposed Acquisition"). It is anticipated that the Proposed Acquisition will be effective from 1 July 2012.



Rationale

Probuild specialises in industrial and commercial construction, whilst Contexx has specialty in high-rise residential construction. The envisaged benefits arising from the Proposed Acquisition are, inter alia:

* Facilitating the opportunities for Probuild and Contexx to collaborate on projects that required diverse expertise;

* Improved cash flow generation to fund construction activities;

* Enhanced management succession planning; and

* Operational synergies as a result of combining the infrastructure of the two businesses.



Financial effects of the transaction

The Contexx Acquisition is not expected to have a material effect on WBHO's earnings, headline earnings or net asset value per share.
03-Sep-2012
(C)
Revenue grew by 21.2% from R14.8 billion to R17.9 billion for the twelve months ended 30 June 2012. Operating profit decreased by 10.5% from R1 billion to R976 million. Net attributable profit to equity holders shrunk to R648.8 million (2012: R733.5 million). In addition, headline earnings per share declined 17.6% to 1 167 cents per share (2011: 1 416 cents per share).



Dividend

The board declared a final gross dividend of 242 cents per share (2011: 220 cents).



Prospects

The group is experiencing an increase in the number of projects coming to market, especially in the private sector where long awaited contracts have now materialised. The order book for the group at 1 July 2012 is R20.9 billion compared to R16.2 billion at 1 July 2011, an increase of R4.6 billion. The order book now comprises 67% foreign projects and the balance is South African. The percentage of the order book split by segment is illustrated below:

*Building and Civil Engineering 20%

*Roads and Earthworks 22%

*Australia 58%



The group has secured R4.2 billion in additional projects post 30 June 2012 which comprise many large new private projects. Locally, WBHO is pursuing a number of renewable energy sector opportunities as both civil and the EPC contractor.



The order book at the end of August was R21.8 billion.



Mining infrastructure work remains positive in Africa but has slowed in South Africa. Gas related infrastructure in Mozambique offers opportunities in the longer term.



The resource sector continues to underpin the prosperity of the Australian economy. Target market segments that continue to provide opportunities are high-rise residential in Melbourne and Sydney and, driven by mining, CBD commercial and airport expansion works in Perth. Australian Universities remain an attractive market segment providing a steady flow of campus and research centre expansion and refurbishment projects. Pipeline opportunities being tracked in Australia, the majority of which will commence in FY13, are in the order of AUD8.0 billion.
17-Aug-2012
(Official Notice)
The directors of WBHO advised that the consolidated results for the company for the year ended 30 June 2012 will show a 10% to 15% decline in earnings per share and a 15% to 20% decline in headline earnings per share.



The reduction in earnings is primarily due to the Competition Commission provision, the tax treatment thereof and margin reduction due to competitive trading conditions.



The financial results for the year to 30 June 2012 are expected to be released on 3 September 2012.
20-Feb-2012
(C)
Revenue improved by 16.5% to R8.4 billion (R7.2 billion) but operating profit dropped by 15.2% to R480.8 million (R567.1 million). Profit attributable to ordinary shareholders of the company fell to R360.6 million (R395.9 million), while headline earnings per share decreased to 632.9cps (785.7cps).



Dividend

The directors have declared an interim dividend of 110cps (2010: 110cps) payable in respect of the six months ended 31 December 2011.



Prospects

Locally, WBHO is pursuing a number of opportunities within the renewable energy sector and we believe these will materialise in the short term. Following the President's "State of the Nation" address we are encouraged by the anticipated increase in the potential public spend. There is still capacity in the private sector building market for new retail centres and upgrades to existing centres which we will actively pursue, as well as building and civil projects in the rest of Africa with existing clients. The group is pursuing further opportunities for mining infrastructure work in South Africa and the rest of Africa. New work prospects across Australia remain promising with the 12 to 18 month tracked project pipeline amounting to AUD7.5 billion, slightly higher than the pipeline of AUD7,4 billion at 30 June 2011. The contracting market in Western Australia remains buoyant due to strong global demand for commodities and significant investment in oil, gas and mining infrastructure. Penetration of the civil engineering market in Western Australia is progressing as we consolidate the businesses and enhance the WBHO brand. Although the business environment is still impacted by the uncertain global economic and financial markets, the order book for the group at the beginning of 2012 is R21.1 billion compared to R16,2 billion in June 2011 an increase of R4.9 billion. Approximately 50% of the book is in Australia, with the balance split equally between Building and Civil Engineering and Roads and Earthworks. The geographical split of the order book is now 61% foreign and 39% local.
09-Feb-2012
(Official Notice)
Further to the trading statement released on SENS on 9 February 2011 the directors advise that headline earnings per share included in the published results for the period ended 31 December 2010 had not been adjusted for the impairment of the loan to associate. The impairment of loan to associate was only adjusted for in the calculation of headline earnings per share included in the audited, published results at 30 June 2011.



However the headline earnings per share for the period ending 31 December 2010 was adjusted for the impairment of loans to associate when calculating the headline earnings per share for the period ended 31 December 2011, as detailed in the earlier trading statement.



Had the adjustment not been made, headline earnings per share would have declined by 7.5% to 12.5% when compared to the comparative period. The release of the interim announcement of results for the six months ended 31 December 2011 is expected to be published on Monday, 20 February 2012.
09-Feb-2012
(Official Notice)
The directors advise that the unaudited consolidated results for WBHO for the six months ended 31 December 2011 will show a 7.5% to 12.5% decline in earnings per share and a 17.5% to 22.5% decline in headline earnings compared to the comparative period. However, the forecast for the group's net profit after tax for the six months ended 31 December 2011 is anticipated to increase by 5% to 10% compared to the six month period ended 30 June 2011. The release of the interim announcement of results for the six months ended 31 December 2011 is expected to be published on Monday, 20 February 2012.
09-Nov-2011
(Official Notice)
Mr John Abbott, the financial director retired from the board and did not make himself available for re-election as a director at the annual general meeting held on 9 November 2011. The board of WBHO announced the appointment of Mr Charles Henwood as John's successor with effect from 9 November 2011. John will remain with the company and will continue to play a meaningful role in the group.
09-Nov-2011
(Official Notice)
At the annual general meeting of the shareholders of WBHO held on Wednesday, 9 November 2011, the requisite majority of shareholders approved all the respective ordinary and special resolutions.
12-Oct-2011
(Official Notice)
Shareholders were advised that the company's 2011 Integrated Report containing the annual financial statements for the year ended 30 June 2011 was posted to shareholders on 12 October 2011 and contains no material modifications from the audited consolidated condensed results published on 5 September 2011. The annual financial statements have been audited by BDO South Africa Inc and their unqualified report is available for inspection at the company's registered office.



Notice of AGM

The 29th annual general meeting of WBHO will be held at 53 Andries Street, Wynberg, Sandton on Wednesday 9 November 2011 at 11h00.
05-Sep-2011
(C)
Revenue for the year ended fell by 2.9% to R14.8 billion (2010: R15.2 billion). Operating profit decreased to R1 billion (2010: R1.3 billion), while profit attributable to equity shareholders of WBHO weakened to R733.5 million (2010: R961.5 million). Furthermore, headline earnings per share lowered by 19.6% to 1 415.7cps (2010: 1 760.7cps).



Dividend

A final dividend of 220cps was declared payable.



Prospects

The group commences this financial year with an impressive order book of R16.2 billion (2010: R12.1 billion) which is well balanced with 50% outside of South Africa. 80% of the order book is with private clients and the group thus is well positioned once government spending increases. Margins will remain under pressure for the foreseeable future until there is sufficient work to absorb the excess capacity in the market. Despite the resilience of the resources market, the global economy especially in Europe and America remains sluggish regardless of all the financial support mechanisms put in place. Institutional investment is extremely conservative, which negatively impacts the construction industry. Government in South Africa is still slow in producing an adequate stream of identified infrastructure and PPP work. WBHO's civil business benefits from the mining industry, particularly in Africa and Australia and rides on the back of the demand from China and India. Strategically the group is focusing on the civil opportunities in both Africa and Australia and to this end their acquisitions will assist them going forward. The Building division continues to secure opportunities in South Africa and Australia but is intent on procuring further building work in other African countries in order to expand its footprint in a similar fashion to the Roads and Earthworks and Civil Engineering divisions.
02-Sep-2011
(Official Notice)
Shareholders were advised that the special and ordinary resolutions, as proposed in the notice of meeting posted to shareholders on 3 August 2011, were approved by the required majority of votes in the general meeting held on 2 September 2011. The ordinary and special resolutions proposed and passed without modification were :

* Special resolution number one : Financial assistance to related or inter- related entities to the company;

* Special resolution number two : Remuneration of non-executive directors;

* Ordinary resolution number one : Authority to sign documents.
05-Aug-2011
(Official Notice)
As a result of the difficult trading conditions, the directors of WBHO expect both the headline earnings and earnings per share for the year ended 30 June 2011 to be between 15% and 25% lower than those reported for the year ended 30 June 2010. Shareholders are advised that with reference to the Sens announcement released on 19 April 2011, the Competition Commission is currently in the process of assessing WBHO's submissions. The outcome of this process will possibly result in the imposition of an administrative penalty to the company. Current indications are that the amount of such a penalty will only be known early in 2012 and therefore no provision has been made in this regard, in the expected results for the year ended 30 June 2011. The release of the reviewed results for the year ended 30 June 2011 will be published on or about 5 September 2011.
02-Aug-2011
(Official Notice)
Notice was given that a general meeting of WBHO shareholders will be held at 12:00 at WBHO offices, 53 Andries Street, Wynberg on 2 September 2011 for the purposes of obtaining authority to:

* Provide financial assistance to Group Companies, being subsidiary and associate companies of the company, and

* Payment of fees to non-executive directors.



The full special resolutions are set out and explained in the meeting notice which will be distributed to shareholders on 3 August 2011.
19-Apr-2011
(Official Notice)
Shareholders were advised that WBHO has been co-operating with the Competition Commission in relation to the Commission's invitation to firms in the construction industry to engage in settlement of contraventions of the competition act, issued on 1 February 2011. Pursuant to the invitation, WBHO has submitted extensive documentation and information to the Commission and will continue to co-operate with the Commission in this regard. WBHO is awaiting the Commission's response to the information and documentation that has been submitted by WBHO, and will update shareholders in this regard as soon as WBHO is in a position to indicate any potential liability that may arise as a consequence of the information provided to the Commission.
21-Feb-2011
(Official Notice)
15-Feb-2011
(Official Notice)
The directors advised that the unaudited consolidated results for Wilson Bayly Holmes-Ovcon Ltd for the six months ended 31 December 2010 will show a 15% to 20% decline in headline earnings and a 10% to 15% decline in earnings per share. The reduction in earnings is primarily due to the poor trading results from Capital Africa Steel (Pty) Ltd and having taken cognisance of the unfavourable outlook for the steel and ready mix industries a further impairment of the group's investment was considered necessary by management. This impairment affects loan funding and has been included in headline earnings. The group's operating income before non-trading items is expected to remain constant compared to the six months ended 31 December 2009. The release of the interim announcement of results for the six months ended 31 December 2010 is expected to be published on Tuesday, 22 February 2011.
27 Oct 2010 14:56:50
(Official Notice)
At the annual general meeting and general meeting of the shareholders of WBHO held on Wednesday, 27 October 2010, the requisite majority of shareholders approved all the respective ordinary and special resolutions. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration in due course.
06 Oct 2010 08:57:03
(Official Notice)
Shareholders were advised that the company's 2010 annual report containing the annual financial statements for the year ended 30 June 2010 was posted to shareholders on 5 October 2010 and contains the following modifications from the reviewed consolidated condensed results published on 6 September 2010. Following an error in the calculation of a non-controlling interest the balance has been revised along with the consequential changes to earnings per share, diluted earnings per share, headline earnings per share and diluted headline earnings per share. Furthermore, certain equity transactions relating to an associated company have been included in the annual report which resulted in a revision to the balance of investments in associates. The annual financial statements have been audited by BDO South Africa Incorporated and their unqualified report is available for inspection at the company's registered office.



Notice of AGM

The 28th annual general meeting of WBHO will be held at 53 Andries Street, Wynberg, Sandton on Wednesday 27 October 2010 at 11h00 for the purpose of conducting the business as stated in the notice of annual general meeting in the 2010 annual financial report.
06 Sep 2010 10:19:49
(C)
Revenue for the year ended increased by 3% to R15.2 billion (2009: R14.7 billion). Operating profit was higher at R1.2 billion (2009: R1.03 billion), while operating income improved to R1.5 billion (2009: R1.3 billion). Profit attributable to equity shareholders of Wilson Bayly Holmes-Ovcon Ltd rose to R954 million (2009: R889 million). Furthermore, headline earnings per share improved by 8% to 1 747.6cps (2009: 1 610.8cps).



Dividend

A final dividend of 220cps (2009: 200cps) was declared which, together with the interim dividend of 110cps amounts to a total dividend of 330cps for the year (2009: 300cps), an increase of 10%.



Prospects

Recovery from the global financial crisis has been slower than initially expected and the construction industry tends to lag the economic cycle by between six and eighteen months. Fixed investment by the private sector has slowed and the industry has put much store in the infrastructural works programme announced by the government. Asia has not been affected by the global crisis to the same degree as the industrialised world and continues to achieve reasonable growth, especially China and India. This growth has fortunately increased the demand for resources, particularly from Australia and Africa. It is in this arena that the group is actively pursuing opportunities. The order book at the 1 July 2010 stood at R12.1 billion (2009: R15.3 billion). As has been stated previously it is expected that 2011 and 2012 will be difficult years for the group and the industry, but it is believed that WBHO is well positioned to meet these challenges.
03 Sep 2010 14:14:22
(Official Notice)
Shareholders were advised that the board of Wilson Bayly Holmes - Ovcon Ltd ("WBHO") has with effect from 3 September 2010 appointed Ms Angelina Nomgando (Gando) Nomalungelo Matyumza, independent non-executive director and chairperson of the audit committee, as lead independent director of WBHO.
12 Aug 2010 12:02:00
(Official Notice)
The directors of WBHO have elected to comply with Paragraph 3.4 (b) (i) of the JSE Listing requirements in respect of a voluntary announcement in the spirit of transparency and to strengthen stakeholder communications. As a result of trading conditions the directors advise that both the headline earnings and earnings per share for the year ended 30 June 2010 are expected to be between 5% and 15% higher than those reported for the year ended 30 June 2009. The forecast has not been reviewed or reported on by the company's auditors. The release of the reviewed results for the year ended 30 June 2010 will be published on 6 September 2010 on SENS and in the press on 7 September 2010.

16 Apr 2010 09:01:35
(Media Comment)
Business Day reported that Wilson Bayly Holmes-Ovcon, which holds interests in the building and construction sectors, on 15 April rose 0.68% to R117.60, heading for its biggest gain in more than a week. Credit Suisse Group raised its recommendation on the company to "neutral" form "underperform".
23 Feb 2010 08:29:24
(C)
Revenue increased by 12.1% from R6.8 billion to R7.6 billion in 2009. Operating profit increased by 23.4% to R598 million (December 2008:R484 million). Profit attributable to ordinary shareholders rose to R460 million (December 2008:R393 million). In addition, earnings per share increased by 17.6% to 840.5cps (December 2008: 714.7cps), while headline earnings per share grew to 18.8% to reach 839.6cps (December 2008:706.5cps).



Dividends

Notice is hereby given that the directors have declared an interim dividend of 110cps(2008: 100cps) payable in respect of the six months ended 31 December 2009.



Prospects

Globally there are signs that the recession is ending and that the economy is recovering as commodity prices move upward. In South Africa business confidence is low and there is speculation that the rate of recovery will be slower than that of the USA and Europe. Wilson have experienced a slowdown in the number of contracts awarded even though there has been a reasonable pipeline of work. The group has been successful in negotiating a number of building contracts based primarily on our client relationships and track record. The group are encouraged that the budget speech indicated that there is still R846 billion available for infrastructure work. Australia has to a large extent escaped the global financial crisis, as a result work prospects remain promising. The group are tendering for work in the United Arab Emirates from our offices in Abu Dhabi and Qatar. Work in the region is competitive. The order book at the beginning of 2010 is R13,1 billion compared to R15,3 billion at 30 June 2009. Wilson remain cautious for the next two financial years, but believe that the group is well positioned to cope with the difficult environment anticipated.
10 Feb 2010 16:53:05
(Official Notice)
The directors advise that after reviewing the consolidated results for the group to date the earnings per share and the headline earnings per share are expected to be between 15% and 20% higher for the six months ended 31 December 2009 than those reported for the six months ended 31 December 2008. The results for the first half of the 2009 financial year were appreciably lower than those achieved for the second half of that year. It is therefore unlikely that the increase in earnings above will be maintained for the full 2010 financial year. The forecast has not been reviewed or reported on by the company's auditors. The release of the interim announcement of results for the six months ended 31 December 2009 is expected to be published on Tuesday, 23 February 2010.
28 Oct 2009 12:11:55
(Official Notice)
At the annual general meeting the requisite majority of shareholders approved all of the ordinary and special resolutions. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration in due course.
06 Oct 2009 10:27:31
(Official Notice)
Shareholders are advised that the company's 2009 annual report containing the annual financial statements for the year ended 30 June 2009 was posted to shareholders on 6 October 2009 and contains no material modifications to the results which were announced on 7 September 2009. Certain reclassifications have been adjusted for in the annual report, details of which are set out below:



Balance sheet:

Deferred tax assets in the amount of R308.3 million set off against deferred tax liabilities were reclassified as deferred tax assets. Minority interest equity loans in the amount of R21.3 million were reclassified from trade and other payables to minority interests. Intercompany payables and receivables in the amount of R35.1 million were set off against one another with respective decreases in trade and other payables and trade and other receivables. Deferred taxation in the amount of R53.8 million was reclassified as current taxation Treasury shares in the amount of R6.4 million included under inventories were set off against equity.



Cashflow statement:

Cash retained from operations increased by R5.5 million and cash outflows from investing activities increased by R5.5 million. The above reclassifications have no impact on HEPS, NAV, diluted EPS and NTAV. The annual financial statements were audited by BDO Spencer Steward Inc and their unqualified report is available for inspection at the company's registered office.



Notice of annual general meeting

The 27th annual general meeting of Wilson Bayly Holmes-Ovcon Ltd will be held in the main board room at 53 Andries Street, Wynberg, Sandton on Wednesday 28 October 2009 at 11:00 for the purpose of conducting the business as stated in the notice of annual general meeting in the 2009 annual financial report.
07 Sep 2009 08:17:18
(C)
The group's revenue for the year increased by 37% to R14,8 billion ( R10.8 billion). Operating profit rose to R1 billion (R959 million) and net attributable profit improved to R889.9 million (R716.2 million). In addition, headline earnings on a per share basis was up 27% to 1 610.8cps (1 263.1cps).



Dividend

A final ordinary dividend of 200cps has been declared.



Prospects

The order book at the start of 2010 stands at R15.3 billion (R18.3 billion). Despite the recessionary conditions in the global and local economies the outlook for the South African construction industry remains positive. The group is well positioned to participate in the government's infrastructural spend and to secure work in the private market. The decrease in funding available to clients and the strong cash position of the group will provide various opportunities to secure additional work in the future. WBHO will continue to explore for opportunities outside the country, particularly in Africa and the United Arab Emirates.
12 Aug 2009 13:44:22
(Official Notice)
The directors advise that both the headline earnings and earnings per share for the year ended 30 June 2009 are expected to be between15% and 25% higher than those reported for the year ended 30 June 2008.

The release of the reviewed results for the year ended 30 June 2009 will be published on 7 September 2009 on SENS and in the press on 8 September 2009.
26 Mar 2009 13:37:23
(Official Notice)
Further to the announcement released by the company, shareholders are advised that trading ex-dividend commences on Friday, 17 April 2009 and not Monday, 20 April 2009. All other dates remain unchanged.
26 Mar 2009 08:23:20
(Official Notice)
Further to the announcement made by the company on 23 February 2009, shareholders are advised that due to the recent announcement of the public holiday on 22 April 2009, the dividend dates will now be as follows:

Last day to trade cum dividend - Thursday, 16 April 2009

Trading ex dividend commences - Monday, 20 April 2009

Record date - Friday, 24 April 2009

Payment date - Tuesday, 28 April 2009

Shares may not be dematerialised or rematerialised between Friday, 17 April 2009 and Friday, 24 April 2009, both dates inclusive.
23 Feb 2009 13:15:07
(C)
Turnover increased by 35% from R5 billion to R6.8 billion in 2008. Operating profit increased by 74.5% to R484 million (2007:R277 million). Profit attributable to ordinary shareholders surged to R392.7 million (2007:R211.8 million). In addition, headline earnings on a per share basis grew to 78.2% to reach 706.5cps (2007:396.5cps).



Dividends per share

An interim dividend of 100.0cps has been declared for the period under review.



Prospects

The group expects to record a solid result for the 2009 financial year. Activity in the procurement department remains at high levels and our order book of R16.7 billion provides a solid foundation for the 2010 financial year. Servicing the public and private sectors in South Africa is a key focus for WBHO and we are committed to playing our role in developing both human and capital resources in this country.
23 Feb 2009 12:16:49
(Official Notice)
Ms Angelina Nomgando (Gando) Nomalungelo Matyumza be appointed to the board as an independent non-executive director and chairperson of the audit committee with effect from 23 February 2009. Mr Jacobus Petrus Botha be appointed to the board as an executive director and chairperson of the risk committee with effect from 23 February 2009.
11 Dec 2008 11:49:00
(Official Notice)
The directors advise that after reviewing the consolidated results for the Group to date the earnings per share are expected to be between 80% and 100% higher for the six months ended 31 December 2008 than those reported for the six months ended 31 December 2007 and the headline earnings per share are expected to be between and 70% and 90% higher for the six months ended 31 December 2008 than those reported for the six months ended 31 December 2007. The directors are of the opinion that, despite the current economic climate, the Group will show another year of solid growth to 30 June 2009. The release of the interim announcement of results for the six months ended 31 December 2008 is expected to be published towards the end of February 2009.
29 Oct 2008 14:21:55
(Official Notice)
At the annual general meeting of the shareholders of Wilson Bayly Holmes - Ovcon Ltd held on Wednesday, 29 October 2008, the requisite majority of shareholders approved all of the ordinary resolutions.
07 Oct 2008 14:17:07
(Official Notice)
Shareholders are advised that the company's 2008 Annual Report containing the annual financial statements for the year ended 30 June 2008 was posted to shareholders on 6 October 2008 and contains no material modifications to the results which were announced on 1 September 2008. Certain reclassifications have been adjusted for in the annual report. The annual financial statements were audited by BDO Spencer Steward Inc and their unqualified report is available for inspection at the company's registered office.



Notice of AGM

The 26th annual general meeting of WBHO will be held in the main board room at 53 Andries Street, Wynberg, Sandton on Wednesday, 29 October 2008 at 11h00.
01 Sep 2008 15:09:04
(C)
The group's turnover for the year increased by 34% to R10.9 billion (R8.1 billion). Operating profit rose by 156% to R962.6 million (R376.2 million) and net profit attributable to ordinary shareholders was up 159% to R716.2 million (R276 .2 million). Headline earnings per share grew by 147% to 1 263.1cps (512.1cps).



Dividend

A final ordinary dividend of 182cps has been declared.



Prospects

WBHO starts the 2009 financial year with an order book of R18.3 billion ( R10.6 billion). The outlook for the South African construction industry remains positive with prospects for new work in the energy, infrastructural and mining sectors. The group is well positioned to participate in this growth and has the capacity to play a significant role in South Africa's infrastructural roll-out. WBHO continues to search for opportunities outside the country. The company believes it is well placed to produce another year of real growth whilst maintaining profit margins. However, it is unlikely that WBHO will achieve the same rate of growth as accomplished this financial year.
13 Aug 2008 12:15:24
(Official Notice)
The directors advise that the headline earnings per share for the year ended 30 June 2008 are expected to be between120% and 140% higher than those reported for the year ended 30 June 2007. Furthermore the earnings per share for the year ended 30 June 2008 are expected to be between 160% and 180% higher than those for the last financial year. The release of the reviewed results for the year ended 30 June 2008 will be published on 1 September 2008 on SENS and in the press on 2 September 2008.
31 Jul 2008 14:12:46
(Official Notice)
The board of Wilson Bayly Holmes - Ovcon Ltd is pleased to announce the appointment of Mr Elia Louw Nel as an executive director with effect from 1 August 2008. Mr Brian Graham Holmes will resign as a non-executive director as a result of his retirement with effect from 1 August 2008. Mr Holmes has also resigned from the audit and remuneration committees. Mr Holmes was one of the founders of the company and was chairman from 1994 to 2002. The board would like to thank Mr Holmes for the major contribution that he has made to the success of the group and looks forward to Mr Nel's input to the board.
19 Jun 2008 13:27:11
(Official Notice)
WBHO has merged their steel interests with those of certain investment funds managed by Brait South Africa Ltd and Caracal (Pty) Ltd which resulted in Capital Africa Steel (Pty) Ltd (CAS) capital being restructured. The consequence of this transaction is that with effect from 1 January 2008, WBHO's stake in the equity of CAS reduced from 100% to 50%, with the Brait interests holding 40% and Caracal 10%.
19 Jun 2008 11:39:57
(Official Notice)
As part of WBHO`s long-term succession planning, Mike Wylie will step down as chief executive officer in favour of Louwtjie Nel with effect from 1 July 2008 but will remain on the board as chairman.
25 Feb 2008 15:20:32
(C)
Headline earnings have increased by 130%. Revenue has increased by 25% to R5 billion, and the operating profit has increased by 68% to R290 million from R173 million. The operating margin for the six months under review has increased to 5,8% (2006: 4,3%). The effective tax rate for the period is 30,1% (2006: 29,6%). The interim result is much higher than the comparative six months to 31 December 2006 because of the disparity in earnings between the first and second halves of the 2007 financial year where the second half profits were substantially higher than those achieved in the first half. Capital expenditure for the six months amounted to R207 million of which R59 million was financed through instalment sales. The net cash position increased from R672 million in December 2006 to R1,6 billion in December 2007. The total financial guarantees issued to third parties amounted to R2.9 billion as at 31 December 2007 compared to R2.5 billion at 30 June 2007.



Divdend

An interim dividend of 60c per ordinary share has been declared which is 66% higher than the previous interim dividend of 36c.



Prospects

As reflected in the Business Confidence Index, 2008 did not get off to a good start. It is still too early to assess the full implications of the power outages on the company's sites and suppliers. The weakening of the rand will increase the cost of imported capital goods and the increase in interest rates has led to a decrease in activity in residential and retail building. Crime remains at unacceptable levels encouraging the outflow of key qualified people from the industry to areas of high demand such as the Emirates and Australia. A large amount of work needs to be done especially in the provision of infrastructure and management expects strong demand for the group's services beyond 2010. Nevertheless WBHO feels confident. The company's order book at R15.5 billion has never been higher and is made up of contracts in which the group have to a large extent mitigated the risks associated with this inflationary environment.
19 Feb 2008 17:45:57
(Official Notice)
The directors advise that, further to the trading statement dated 11 December 2007, the headline earnings per share and earnings per share for the six months ended 31 December 2007 are expected to be between 130% and 140% higher than those reported for the prior corresponding period. In the trading statement dated 11 December 2007 we indicated that headline earnings for the full year would be between 40% and 50% higher than those reported for the year ended 30 June 2007. Notwithstanding the above, this forecast is still the view of the board. These forecasts have not been reviewed or reported on by the company's auditors. The interim results are expected to be released on Sens on 25 February 2007.
13 Jun 2006 12:39:53
(Official Notice)
WBHO advised that earnings per share and headline earnings per share for the year ended 30 June 2006 are expected to be between 30% and 50% higher compared to those for the comparative period in 2005. The increases are, in part, due to the restatement at fair values of the group's investments in certain concessions. This forecast has not been reviewed by the company's auditors.
27 Feb 2006 17:39:34
(C)
Headline earnings increased by 43% to 171.5cps (120.2cps) and earnings per share rose 50% to 174.1cps (116.4cps). A dividend of 27cps was declared, a 29% increase compared to December 2004. Revenue increased by 30% to R2 908 million (R2 237 million). Operating income increased to R123.3 million (R95.5 million), an increase of 29% compared to December 2004. The operating margin achieved for the period was 4.2% compared to 3.9% in June 2005.



Prospects

The order book has grown to R5.7 billion of which R1.2 billion is attributable to Probuild. The group expects to achieve higher growth in the next six months after excluding the fair value adjustments made in the period.
14 Dec 2005 14:24:34
(Official Notice)
Earnings per share for the six months ending 31 December 2005 are expected to be between 40% and 60% higher and headline earnings between 30% and 50% higher compared to those for the comparative period in 2004. The increases are, in part, due to the restatement at fair values of the group's investments in certain concessions.
27 Oct 2005 15:30:10
(Official Notice)
At the annual general meeting held yesterday, 26 October 2005, Mr AJ MacKenzie retired as a director and Mr JW Abbott was appointed in his place, with immediate effect. 27 October 2005.
29 Aug 2005 15:32:25
(C)
The group achieved headline earnings of 251cps (209cps) an increase of 20.6% over the previous year and earnings per share of 247.6cps (177.4cps). Revenue climbed 89.8% to R4.8bn (R2.5bn) and income to shareholders improved 60.6% to R158m (R98m). As reported at the half year, the group consolidated its interest in Probuild Constructions (Aust) Pty Ltd for the first time and this tends to make a comparison with the results for the previous year difficult. A dividend of 42cps was declared for the period.



Prospects

There has been an upsurge in construction work in South Africa which should continue for a number of years. Much will depend upon Government`s ability to deliver. There are also incipient signs of shortages of skills at management and supervisory levels and of certain materials and equipment. The group starts the new year with an order book of R4.2 billion and on balance, should experience a further year of real growth in earnings per share in 2006.
10 Aug 2005 17:21:34
(Official Notice)
WBHO shareholders are referred to the announcement released on 20 June 2005, regarding WBHO`s firm intention to make an offer for the entire issued share capital of Concor. The offer was subject to the fulfilment of certain conditions precedent, including, inter alia:

*the conclusion of a due diligence investigation by WBHO in respect of Concor and WBHO being satisfied with the results of such investigation; and

*the offer being accepted by Concor shareholders holding at least 50.1% of the Concor shares in issue (`the Minimum Acceptance Condition`).

After completing the due diligence investigation, WBHO proposed a revised offer price of 1 WBHO share for every 1.7 Concor ordinary shares. Concor shareholders collectively holding more than 50.1% of the Concor shares in issue have indicated to WBHO that they would not accept the offer at the revised offer price. The Minimum Acceptance Condition is therefore incapable of being fulfilled. WBHO shareholders are accordingly advised that, with the consent of the Securities Regulation Panel, WBHO will not be proceeding with the offer.
20 Jun 2005 12:26:32
(Official Notice)
Shareholders are advised that WBHO has submitted a written notice to the board of directors of Concor of WBHO`s firm intention to make an offer for the entire issued share capital of Concor. WBHO is offering to acquire all the issued ordinary shares in Concor for a consideration of 1 WBHO share for every 1.5 Concor ordinary shares held (`the offer`).



The offer is subject to the fulfilment of certain conditions precedent, including, inter alia:

*the conclusion of a due diligence investigation to the satisfaction of WBHO; and

*approval by the regulatory authorities, including the Securities Regulation Panel, the JSE Securities Exchange South Africa, the South Africa Reserve Bank and the Competition Law authorities.
24-Nov-2017
(X)
The origins of the present group date back to 1970 when Wilson-Holmes (Pty) Ltd. was formed by John Wilson and Brian Holmes. A number of mergers followed resulting in the name being changed to Wilson Bayly Holmes (Pty) Ltd. in 1983 and finally to WBHO Construction in 1994. Today the group is one of the largest construction companies in Southern Africa and is listed on the Johannesburg Securities Exchange. The driving force behind WBHO is a core of dedicated, hands-on management professionals whose experience spans decades of major construction projects in southern Africa, the Middle East and various Indian Ocean islands. WBHO's offices are strategically located in Johannesburg, Cape Town, Durban and Port Elizabeth. Construction activities, which cover the full spectrum, are divided into three main operating divisions, Building Construction, Civil Engineering and Roads and Earthworks. Our Australian subsidiary, Probuild Constructions, has its headquarters in Melbourne.


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