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CSG HOLDINGS LIMITED - Posting of Integrated Report and notice of AGM

Release Date: 23/09/2014 11:15
Code(s): CSG     PDF:  
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Posting of Integrated Report and notice of AGM

CSG HOLDINGS LIMITED
(Formerly M&S Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2006/011359/06)
JSE code: CSG ISIN: ZAE000184438
("CSG" or “the Company”)


POSTING OF CSG’S INTEGRATED REPORT AND DETAILS OF THE ANNUAL GENERAL MEETING
(“AGM”)

CSG shareholders (“Shareholders”) are advised that further to CSG’s reviewed results for the thirteen
months ended 31 March 2014, published on Monday, 30 June 2014 (“Results”), CSG’s audited annual
financial statements for the thirteen months ended 31 March 2014 (“AFS”) as contained in the integrated
annual report 2014 (“Integrated Report”) have been distributed to Shareholders yesterday, 22 September
2014.

In preparing the AFS no changes we made to the information published in the results, save for certain
immaterial reclassifications to the group statement of cash flows. The revised audited group statement of
cash flows as per the AFS in comparison to the reviewed group statement of cash flows as set out in the
Results is set out below:

                                                                  Audited as      Reviewed      Change
                                                                    per AFS          as per
                                                                                    Results
                                                                  13 Months      13 Months
                                                                      ended          ended
                                                                   31 March       31 March
                                                                       2014            2014
                                                                      R’000           R’000

Cash flows from operating activities                                   43 600         41 768       1 832
Cash generated by operations                                           68 823         67 251       1 572
Interest received                                                         676            676           -
Interest paid                                                         (2 579)        (2 579)           -
Taxation paid                                                        (23 320)       (23 580)         260

Cash flows from investing activities                                 (17 750)       (15 918)     (1 832)
Net investment in property, plant and equipment                      (10 924)        (9 092)     (1 832)
Cash flow from business combinations                                  (1 113)        (1 113)           -
Business combination transaction costs                                (2 353)        (2 353)           -
Contingent consideration paid                                         (3 360)        (3 360)           -

Cash flows from financing activities                                 (17 564)       (17 564)            -
Dividend paid                                                        (11 390)       (11 390)            -
Decrease in loans payable                                             (6 174)         (6 174            -

Increase in cash resources                                              8 286         8 286             -
Cash resources at beginning of period                                  18 741        18 741             -
Cash resources at end of period                                        27 027        27 027             -

Cash resources                                                        27 027         27 027             -
Bank and call deposits                                                35 248         35 248             -
Bank overdraft and invoice discounting                                (8 221)        (8 221)            -
Notice of AGM

Notice is hereby given that the AGM of Shareholders will be held at the Protea Hotel, Midrand on Thursday,
27 November 2014 at 10:00 for the purpose of conducting the business as stated in the notice of AGM
forming part of the Integrated Report.

Record dates

The notice of AGM was posted to Shareholders who were recorded as such in the Company's securities
register on, Friday 5 September 2014.

The date on which Shareholders must be recorded as such in the Company's securities register in order to
attend and vote at the AGM is Friday, 21 November 2014. The last day to trade in order to be entitled to
vote at the AGM is Friday, 14 November 2014. Proxy Forms must be lodged by no later than 10:00 on
Tuesday, 25 November 2014.


Johannesburg
23 September 2014

Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)

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