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21-Aug-2019
(Official Notice)
The board of directors of AYO hereby notifies shareholders that Takudzwa Tanyaradzwa Hove ("Takudzwa") has resigned as a director of the Company with effect from 19 August 2019 for personal reasons.



The board takes this opportunity to express their appreciation to Takudzwa and extends its best wishes for his future endeavours.
21-Aug-2019
(Official Notice)
The board of directors of AYO ("the Board") hereby notifies shareholders that Takudzwa Tanyaradzwa Hove ("Takudzwa") has resigned as a director of the Company with effect from 19 August 2019 for personal reasons.
25-Jul-2019
(Official Notice)
Shareholders are referred to the cautionary announcement dated 4 June 2019 and the subsequent renewal of cautionary announcement dated 12 June 2019, regarding the audit currently being undertaken on the Company's interim results for the six months ended 28 February 2018.



Shareholders are advised that the abovementioned audit is still not completed and hence are advised to continue exercising caution when dealing in their shares in the Company until the audit is complete.
12-Jun-2019
(Official Notice)
04-Jun-2019
(Official Notice)
Further to the "AYO to fully comply with JSE" announcement dated 11 April 2019, the Company wishes to advise that the Company's auditors, BDO Cape Incorporated ("BDO"), have completed an engagement in terms of International Standard on Related Services ("ISRS") 4400: Engagements to Perform Agreed- Upon Procedures Regarding Financial Information.



The Company's new management and Board of Directors have reviewed the findings of the report provided by BDO and have identified certain corrections which arose as a result of incorrect application of judgement and estimates ("Management Review").



The purpose of this announcement is to therefore set out in detail the findings from the Management Review, specifically the above identified corrections and their impact on the financial statements of AYO for the six months ended 28 February 2018 ("2018 Interim Financial Statements").



Shareholders are advised that, per the request of JSE Ltd., the Company will further engage BDO to conduct an audit of the 28 February 2018 Interim Results.



The net effect of the above corrections on profit attributable to shareholders of AYO is that the previously reported profit increases from R47 million to R48 million.



Cautionary announcement

Shareholders are advised to exercise caution when dealing in the securities of the Company until the audit of the 28 February 2018 interim financial results is completed and published on SENS.
31-May-2019
(Official Notice)
Shareholders are advised that on Friday, 31 May 2019, AYO received a summons issued by the Public Investment Corporation ("PIC") and Government Employees Pension Fund (GEPF). The summons seeks a declaration that the subscription agreement entered into by the PIC with AYO be declared unlawful and set aside and that AYO be ordered to pay the PIC R4 290 654 165.00, together with interest of 10.25% per annum accrued from 22 December 2017 to date of final payment.



AYO has instructed its attorneys to oppose the action and is confident of its position.
14-May-2019
(Official Notice)
Shareholders are referred to paragraph 81 of the statement made by former director of the Company, Abdul Malick Salie ("Salie") at the PIC Commission of Inquiry today, 14 May 2019 and are advised of the following:

- the statement is the view of Salie in his personal capacity and was made without the knowledge or input of the Company;

-the statement is considered to be a profit forecast pertaining to the Company in terms of the Listings Requirements of JSE Limited;

-the statement has not been reviewed or reported on by AYO's auditors; and

-the Company is not aware of the basis on which the numbers included in the statement were derived.

07-May-2019
(Official Notice)
The board of directors of AYO ("the Board") hereby notifies shareholders that Abdul Malick Salie ("Malick") has resigned as an executive director of the Company with effect from 6 May 2019 for personal reasons. Malick will however remain as an employee of AYO in a senior management role and will continue to oversee all of the Company's investment activities. Hence, there will be no disruption to any of AYO's current investment functions or opportunities.
11-Apr-2019
(Official Notice)
AYO refers to the General SENS Announcement ("the Announcement") released by JSE Ltd. ("JSE") as well as a letter from the JSE sent to the Company ("the Letter") on 10 April 2019 requesting the Company to perform the following:

* Instruct BDO Cape Incorporated ("BDO"), its appointed external audit firm, to conduct an engagement in terms of International Standard on Related Services ("ISRS") 4400: Engagements to Perform Agreed-Upon Procedures Regarding Financial Information to test the veracity of the statements made by the former executives of AYO at the PIC Commission of Enquiry, that the numbers contained in the 2018 interim results were inaccurate.

* Obtain an audit opinion on the 2018 interim results and provide the JSE and the market via a SENS announcement, with this audit opinion;

* Obtain an audit opinion on the unaudited interim results for the six months ended 28 February 2019 and provide the JSE and the market via a SENS announcement, with this audit opinion (collectively referred to as "the Audits").



The Company wishes to inform shareholders that it is complying fully with the JSE requests and is willing to announce the findings of the Agreed-Upon Procedures and Audits on SENS.
10-Apr-2019
(Official Notice)
Stakeholders are referred to evidence given under oath in relation to the Company and its executives before the PIC Commission of Inquiry ("Commission"). On 8 April 2019, two former executives of the Company testified that executives of the Company were instructed to amend the numbers contained in the Company's unaudited interim results for the six months ended 28 February 2018 ("2018 unaudited interim results") to reflect an inflated number to the market.



These allegations are of serious concern to the JSE as the accuracy and reliability of the financial information published by companies are of critical importance and is a foundational cornerstone of a fair, efficient and transparent market of the JSE's, and any regulated market. In addition hereto, the investing public relies on a company's published financial information to make important investment decisions. The JSE has, for these reasons and in accordance with its regulatory duties and responsibilities, adopted its Listings Requirements to ensure that companies' published financial information is accurate.



Although auditors are not required to provide assurance on interim financial results (with certain exceptions), the JSE has in light of the uncertainty in respect of the 2018 unaudited interim results and the importance of accurate financial information, specifically requested the Company to engage with its external auditors on an urgent basis to obtain an audit opinion on its 2018 unaudited interim results. The JSE has also requested that the Company's external auditors provide an opinion on the unaudited interim results for the six months ended 28 February 2019. The JSE has requested the Company to report the outcome of these engagements to the JSE and the market.



In addition to the above, the JSE is aware of the numerous other allegations against the Company as cited in recent media reports and other testimonies provided to the Commission. The JSE is currently conducting various investigations in respect of these matters but it would be highly irregular and unlawful for the JSE to comment on or provide any information in respect of these ongoing investigations. The JSE is required to establish all the facts pertaining to these allegations and afford affected parties an opportunity to respond before any action can be taken.
01-Apr-2019
(C)
28-Mar-2019
(Official Notice)
In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a company is required to publish a trading statement as soon as it becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more from those of the previous corresponding period.



Accordingly, shareholders are hereby advised that a reasonable degree of certainty exists that for the six months ended 28 February 2019:

*The Group expects to report profit after tax ("PAT") of between R202 million and R215 million, representing an increase of between 206% and 226%, compared to PAT of R66 million reported for the six months ended 28 February 2018;

*The Group expects to report basic earnings per share ("EPS") of between 54.88 and 58.41 cents per share, representing an increase of between 210% and 230%, compared to EPS of 17.68 cents per share reported for the six months ended 28 February 2018; and

*The Group expects to report headline earnings per share ("HEPS") of between 54.93 and 58.40 cents per share, representing an increase of between 216% and 236%, compared to HEPS of 17.36 cents per share reported for the six months ended 28 February 2018.



The increase in EPS and HEPS compared to the prior interim period is primarily as a result of organic growth as well as the positive contributions from a recently acquired subsidiary and investments made during the current interim period. The financial information on which this trading statement is based has not been reviewed or reported on by AYO's auditors. The Group is in the process of finalising its financial results for the six months ended 28 February 2019, which are scheduled to be released on SENS on or about 1 April 2019.
26-Mar-2019
(Official Notice)
Shareholders are referred to the announcement released on SENS on 11 March 2019 referring to the application brought by AYO to interdict the Companies and Intellectual Property Commission ("CIPC") from enforcing the compliance notice ("Notice") issued to the board of directors of the Public Investment Corporation (SOC) Ltd. ("PIC") on or about 21 February 2019 as well as interdict the PIC from acting on the said Notice.



Shareholders are advised that in addition to AYO approaching the courts as set out above, the PIC also brought an application before the High Court Of South Africa, Gauteng Division, to have the Notice set aside, which ruling was handed down on 26 March 2019.



On 26 March 2019, Judge, Cornelius Van Der Westhuizen, ruled in favour of the PIC and declared the Notice to be unlawful, and therefore of no force and effect.



Due to the ruling in favour of the PIC, the successful action brought by AYO is moot and was therefore removed from the roll. The cases were dismissed with costs.
11-Mar-2019
(Official Notice)
Shareholders are referred to the announcements released on SENS on 26 and 28 February 2019 and the article ("Article") published in the Business Day on 26 February 2019 which referred to a compliance notice ("Notice") issued by the Companies and Intellectual Property Commission ("CIPC") to the board of directors of the Public Investment Corporation (SOC) Ltd. ("PIC").



Shareholders are hereby notified that on 7 March 2019 AYO has, on an urgent basis, approached the High Court of South Africa (Gauteng Division, Pretoria) for an application to:

? Interdict CIPC from enforcing the Notice issued to the PIC's board of directors on or about 21 February 2019 in terms of section 171 of the Companies Act 71 of 2008; and

? Interdict the PIC from acting on the said Notice, and / or taking any further action in connection therewith.



Shareholders are also advised that AYO has applied to the above court to have the Notice issued by CIPC set aside.



AYO maintains that the uptake by the PIC of its listed shares through a private placement in December 2017 was fully transparent and complied with all the necessary legal requirements and will defend any action which seek to undermine AYO's contractual rights.
28-Feb-2019
(Official Notice)
Shareholders are referred to the article ("Article") published in the Business Day on 26 February 2019 which referred to a compliance notice ("Notice") issued by the Companies and Intellectual Property Commission ("CIPC") to the board of directors of the Public Investment Corporation (SOC) Ltd. ("PIC").



AYO has now received (on 27 February 2019) a copy of the Notice from the CIPC.



AYO has reviewed the Notice, and in light of the revenues disclosed above, can confirm to Shareholders that the Notice is incorrect for the following reasons:

? The Notice only sets out company revenues declared by AYO, (as set out in Column 3 above) over the period from 2003 to 2018, with the highest revenue declared during this period being R82 794 000.

? AYO, as the CIPC would be aware, is comprised of a number of subsidiaries, associates and related investment companies ("the AYO Group").

? CIPC therefore did not take into account AYO Group revenue (as set out in Column 2 above) when making its decision to issue the Notice.

? CIPC failed to take into account all the revenue generated by the Company and its subsidiaries, and the Notice is therefore based on incomplete information.

? AYO's annual report and pre-listing statement are publicly available documents. CIPC should have based its opinion on AYO Group revenue, which is contained in such annual reports and pre-listing statement as set out in Column 2 above. It is for this reason that the Company is of the opinion that the Notice was issued incorrectly.



AYO would like to draw shareholders attention to an online article published by IOL on 27 February 2019 which refers to possible collusion between the PIC and CIPC with regards to the Notice.



AYO is monitoring these developments closely and will inform shareholders of any further developments in this regard.



The article may be accessed via the following link: https://www.iol.co.za/business-report/companies/pic-chairmans-role-in- dirty-tricks-plot-exposed-19531364
26-Feb-2019
(Official Notice)
26-Feb-2019
(Official Notice)
Shareholders are referred to the article published in the BusinessDay on 26 February 2019 referring to the compliance notice issued by the Companies and Intellectual Property Commission ("CIPC") requiring that the Public Investment Corporation ("PIC") recoup its investment in AYO. AYO has not had sight of such compliance notice.



AYO will formally respond via SENS to shareholders on Tuesday, 26 February 2019, but believes the grounds for such recoupment have no merit and are baseless.
19-Feb-2019
(Official Notice)
Shareholders are referred to the announcement released on SENS on 22 January 2019 regarding the results of AYO Technology's annual general meeting with such announcement advising shareholders that, because the resolutions relating to the non-binding advisory votes on the remuneration policy of the Company and the implementation of the remuneration policy were voted against by more than 25% of shareholders which voted in person or by proxy at such meeting, an invitation will be extended to such dissenting shareholders to engage with the Company.



In this regard AYO Technology now invites those shareholders who voted against the remuneration policy and/or the implementation of the remuneration policy ("dissenting shareholders") at the annual general meeting of the Company held on 22 January 2019 to engage with the Company as follows:

*Dissenting shareholders are invited to forward their concerns/questions on the remuneration policy and the implementation thereof to the Company Secretary in writing at wazeer.moosa@ayotsl.com by close of business on 5 March 2019; and

*meetings/telephone calls will be arranged with individual dissenting shareholders to discuss their concerns/questions.



Any corrective actions and/or changes to the remuneration policy or the implementation thereof that result from the interactions with the dissenting shareholders will be communicated to all shareholders in due course.
22-Jan-2019
(Official Notice)
Shareholders are hereby advised that the results of the voting at the annual general meeting of the Company held at 08:30, Tuesday, 22 January 2019, at AYO's office, 2nd Floor, Old Warehouse Building, Black River Park, 2 Fir Street, Observatory ("AGM").



Shareholders are further advised that, as ordinary resolution number 18, relating to the non- binding advisory vote on the remuneration policy of the Company and ordinary resolution number 19 relating to the non-binding advisory vote on the implementation of the remuneration policy, were voted against by 25% or more of the votes exercised by the Company's shareholders present in person or represented by proxy at the AGM, an invitation will be extended to such dissenting shareholders to engage with the Company. The manner and timing of such engagement has not as yet been finalised and the Company will issue a further announcement shortly setting out such details.



Changes to the board

Mr S Young and Ms CF Hendricks did not make themselves available for re-election at the AGM and voluntary elected to step off the board ("the Board") and accordingly the requisite resolutions were withdrawn.



Furthermore, the Board wishes to advise that Ms N Gamieldien voluntary elected to step off the Board as the Chief Financial Officer of the Company but will continue in a senior executive role.



Accordingly, in compliance with paragraph 3.59(b) of the JSE Listings Requirements, the Company advises that Mr S Young, Ms CF Hendricks and Ms N Gamieldien were not available for re-election to the Board and are therefore no longer directors to the Board with effect from 22 January 2019.



The Board further advises that with effect from 22 January 2019, Mr H Plaatjes has taken up the role of Chief Executive Officer, Mr IT Bundo has been appointed to the Board of Directors as an executive in the capacity of Chief Financial Officer, Mr AM Salie has been appointed as an executive in the capacity of Chief Investment Officer and Mr I Amod has been appointed as an independent non-executive director.
21-Dec-2018
(Official Notice)
Further to the publication on SENS on 12 November 2018 of AYO Technology's summarised reviewed consolidated annual financial results for the year ended 31 August 2018 ("the Announcement"), the company advised that its 2018 integrated annual report, which incorporates the condensed audited consolidated financial statements for the above financial year, together with the full audited consolidated financial statements are available on its website at, respectively, https://ayotsl.com/integrated-reports/ and https://ayotsl.com/wp-content/uploads/2018/12/AYO_AFS_2018.pdf from today, 21 December 2018, and contain no modifications from the results contained in the Announcement.



Notice of annual general meeting

Shareholders are advised that the company's notice of annual general meeting ("Notice of AGM"), containing the condensed audited consolidated financial statements for the year ended 31 August 2018 has been distributed to shareholders today, 21 December 2018 and accordingly notice is hereby given that the annual general meeting of AYO Technology will be held at AYO Technology's head office on Tuesday, 22 January 2019 at 2nd Floor, Old Warehouse Building, Black River Park, 2 Fir Street, Observatory, 7925 at 08:30, to transact the business as set out in the notice of annual general meeting.



The date on which shareholders must be recorded in the share register for purposes of being entitled to attend and vote at the annual general meeting is Friday, 11 January 2019, with the last day to trade being Tuesday, 8 January 2019.



The Notice of AGM is also available on the company's website at https://ayotsl.com/wp- content/uploads/2018/12/AYO_Annual_Notice_of_AGM_2018_12422_V9_WEB_20181219_SA.pdf.



Broad-Based Black Economic Empowerment Act ("The Act"): Annual compliance report

In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Ltd. Listings 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 at https://ayotsl.com/about-us/bee/bee-compliance/.
21-Dec-2018
(Official Notice)
The Company's board of directors ("Board") wishes to advise that Mr Howard Plaatjes has been appointed as an executive director (corporate finance and strategy), Ms Vanessa Govender as an executive director (corporate affairs) and Mr Takudzwa Hove as a non-executive director of the Company with effect from 20 December 2018. Furthermore, the company secretary, Ms Rodanchia Nock, has resigned with effect from 21 December 2018 and will be replaced by Mr Wazeer Moosa on 1 January 2019.



Mr Plaatjes will also fulfil the role of acting chief executive officer, which was previously performed by Ms Naahied Gamieldien, who continues in her role as chief financial officer.



The board welcomes Mr Plaatjes, Ms Govender, Mr Hove and Mr Moosa and looks forward to their contribution to the Company.
12-Nov-2018
(C)
06-Nov-2018
(Official Notice)
Further to the initial trading statement released on SENS on 10 September 2018, shareholders are hereby advised that the Group expects to report net profit attributable to owners of the parent for the year ending 31 August 2018, of between R142 million and R162 million, compared to a net profit attributable to owners of the parent of R16.7 million for the year ending 31 August 2017, as per the pre-listing statement issued on 13 December 2017 ("PLS"). The net profit for the financial ended 31 August 2017 included R2.8 million profit attributable to discontinued operations, whereas no earnings from discontinued operations are expected for the current year.



The Group expects to report basic earnings per share ("EPS") for the year ending 31 August 2018 of between 46.45 and 52.99 cents per share compared to the EPS of 7.86 cents per share reported on for the year ended 31 August 2017, and a decrease of between 80.86% and 78.16% as compared to the EPS forecast for the financial year ending 31 August 2018 of 242.68 cents per share, as per the PLS ("2018 Forecast").



The Group also expects to report headline earnings per share ("HEPS") for the year ending 31 August 2018 of between 47.57 and 54.12 cents per share, compared to HEPS of 5.66 cents per share reported on for the year ended 31 August 2017, and a decrease of between 80.40% and 77.70% as compared to the HEPS forecast of 242.68 cents per share, in terms of the 2018 Forecast.



The decrease in EPS and HEPS compared to the 2018 Forecast is mainly attributable to:

- A contract with a multi-national company was scheduled to commence earlier in the reporting period which was delayed and only commenced in the latter part of the financial year. The contract has gone well since commencement; - preparation work for the implementation of the above contract whereby the Company incurred certain once-off costs;

- acquisitions which were not concluded within the expected timelines and the Company continues to evaluate various value creating transactions; and

- the delay in an acquisition which was subsequently announced on SENS on 11 September 2018, which has revenues in excess of R1 billion, strong cash generation with cash from operations of R75 million and EBITDA of R70 million.



AYO is in the process of finalising its financial results for the year ending 31 August 2018, which is scheduled to be released on or about 8 November 2018.
11-Sep-2018
(Official Notice)
10-Sep-2018
(Official Notice)
In terms of the Listings Requirements of the JSE Limited, the Company is required to publish a trading statement as soon as it becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more than the previously published forecast for the year ended 31 August 2018, as contained in the pre-listing statement issued on 13 December 2017 (?Pre-listing Statement?)(?2018 Forecast?). Accordingly, shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 August 2018:

*HEPS of the Company will be at least 147.68 cents per share lower or at least 61% lower than the HEPS of 242.68 cents per share reported in the 2018 Forecast; and

*EPS of the Company will be at least 147.68 cents per share lower or at least 61% lower than the EPS of 242.68 cents per share reported in the 2018 Forecast.



A further trading statement will be issued as soon as there is a reasonable degree of certainty as to the likely range within which the Company?s headline earnings per share and earnings per share is expected to be less than the 2018 Forecast. While the results for the year ended 31 August 2018 will be less than the 2018 Forecast, shareholders should note that:

* the SASOL contract was scheduled to commence earlier in the reporting period but was delayed and only commenced in the latter part of the year;

*in preparation for the implementation of the SASOL contract the Company incurred certain once-off costs;

*acquisitions were not concluded within the expected timelines however the Company continues to evaluate various value creating transactions and the market will be advised when transaction are concluded; and

*The HEPS and EPS of the Company will be significantly higher than the prior year HEPS of 5.66 cents per share and EPS of 7.86 cents per share reported in the financial results for the year ended 31 August 2017, as contained in its Pre-listing Statement.



The financial information on which this trading statement is based has not been reviewed and reported on by AYO?s auditor. The financial results for the year ended 31 August 2018 are expected to be published on or about 6 November 2018.
24-Aug-2018
(Official Notice)
Shareholders are hereby advised that Mr Kevin Hardy and Mr Siphiwe Nodwele have resigned as executive directors of the company, both with immediate effect.



Due to the above, Ms Naahied Gamieldien has been appointed as acting chief executive officer with immediate effect. New executives will be appointed in due course and the market advised accordingly.
22-Aug-2018
(Official Notice)
Shareholders are hereby advised that the following changes have been made to the board of directors. Since the listing, and over the last few months, the AYO Technology board (?Board?) has engaged with shareholders on strengthening the independence and governance structures of the Board to ensure a stronger representation of independent non-executive directors.



The board announces that after its engagement with its shareholders, the board has been restructured as follows: Dr Wallace Mgoqi, Messrs. Dennis George and Sello Rasethaba and Ms Rosemary Mosia have been appointed as independent non-executive directors to the board of AYO Technology with immediate effect. Messrs. Khalid Abdulla, Walter Madzonga and Telang Ntsasa and Ms Mbuso Khoza have resigned as members of the board with immediate effect. Mr Salim Young has stepped down as the independent non-executive chairman of the board but remains an independent non-executive director. The board subsequently approved the appointment of Dr Mgoqi as chairman of the board. As part of the changes, Ms Nobulungisa Mbaliseli who was seconded by African Equity Empowerment Investments Ltd. (?AEEI?) and has returned to AEEI and is no longer the company secretary. The announcement of the new company secretary will be made in due course.
06-Aug-2018
(Official Notice)
Shareholders are referred to the joint announcement released by AEEI and AYO Technology on Tuesday, 29 May 2018 in terms of which it was announced that AEEI and AYO Technology had entered into a subscription agreement with Kilomax Investments (Pty) Ltd. (?Kilomax?), a wholly-owned subsidiary of AEEI who owns 100% of the issued share capital of Kilomix Investments (Pty) Ltd. (?Kilomix?) and Kilomix, who owns 30% of the issued share capital of BTSA, in terms of which AYO Technology would subscribe for 99% of the issued share capital of Kilomix (?Subscription Agreement?).



Shareholders are hereby advised that the Subscription Agreement has lapsed and that the parties are engaging with each other to have the agreement reinstated. Shareholders will be advised should the agreement be reinstated.
06-Jul-2018
(Official Notice)
Further to the announcement released on SENS on 20 June 2018, AYO invited dissenting shareholders to forward their objections and concerns on the remuneration policy and the implementation thereof to the company secretary in writing by close of business on 4 July 2018. The company wishes to advise that no objections and concerns were received from dissenting shareholders. Notwithstanding that the time period has expired, should any shareholders forward any further objections and concerns regarding the remuneration policy to the company secretary in writing, the remuneration committee will consider such concerns and any changes to the remuneration policy and implementation thereof will be reported on in the next integrated annual report.
20-Jun-2018
(Official Notice)
Further to the announcement released on SENS on 19 June 2018, AYO invites those shareholders who voted against the remuneration policy at the annual general meeting of AYO held on 18 June 2018 (?dissenting shareholders?) to engage with the company as follows:



Dissenting shareholders are invited to forward their objections and concerns on the remuneration policy and the implementation thereof to the company secretary in writing by close of business on 4 July 2018 where after further engagements may be scheduled to appropriately address legitimate and reasonable objections and concerns raised.
19-Jun-2018
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the Company held at 10h00 on, Monday, 18 June 2018 at AYO Technology?s Head Office at Quay 7, East Pier, Breakwater Boulevard, Victoria - Alfred Waterfront (?AGM?), the majority of ordinary resolutions and all of the special resolutions were passed by the requisite majority of the Company?s shareholders. Shareholders are hereby advised that ordinary resolution number 17 was not passed as it did not obtain the 75% shareholder approval as required.

29-May-2018
(Official Notice)
21-May-2018
(Official Notice)
Shareholders are hereby advised that the Company has entered into a long-term strategic partnership agreement with integrated chemical and energy multinational Sasol South Africa Ltd. (?Sasol?) in order for AYO to provide and manage a set of products and services to Sasol (?Sasol Agreement?).



The salient terms of the Sasol Agreement are as follows:

? AYO Technology will provide and manage Sasol?s entire global network, communications and security services from South Africa;

? AYO Technology, whilst providing services in relation to this managed services contract, will also participate, where relevant, in Sasol?s digital transformation plans and execution;

? AYO Technology through its more than 70% black ownership and 33% black woman ownership will contribute to Sasol?s transformation objectives; and

? the Sasol Agreement is a long-term contract, the value of which cannot be divulged due to confidentiality clauses and competitor sensitive information.



The Sasol agreement is a significant agreement and the first contract finalised in line with the strategy and deliverables set out in the pre-listing statement of the Company issued on 13 December 2017 (?Pre-listing Statement?) and is expected to have a material impact on the revenue and earnings of AYO Technology disclosed in the Pre-listing Statement and the revenue and earnings of AYO Technology when compared to the revenue and earnings disclosed in the interim results for the six months ended 28 February 2018.



Withdrawal of cautionary

Shareholders are referred to the Company?s cautionary announcement released on SENS on 18 April 2018 and are advised that as the detail of the Sasol Agreement has been included in this announcement, caution is no longer required to be exercised by shareholders when dealing in the Company?s securities.
16-May-2018
(Official Notice)
Notice is hereby given that the annual general meeting of AYO Technology will be held at AYO?s head office at Quay 7, East Pier, Victoria - Alfred Waterfront on Monday, 18 June 2018, at 10h00, to transact the business as set out in the notice of annual general meeting.



The date on which shareholders must be recorded in the share register for purposes of being entitled to attend and vote at the annual general meeting is Friday, 8 June 2018, with the last day to trade being Tuesday, 5 June 2018.
15-May-2018
(C)
26-Apr-2018
(Official Notice)
Shareholders are referred to the voluntary announcement published on SENS, on 23 April 2018 (?Announcement?). Following the publication of the Announcement, AYO's noted a discrepancy.



Dr Surv? and Sekunjalo in fact, hold an historical nominal direct interest in AYO equivalent to 0.015% and 0.00038 % of the issued share capital of AYO respectively. Accordingly, point 10 in the Announcement should have noted that Dr. Surv? and Sekunjalo held ?no significant shareholding? in AYO.



Although this is immaterial, AYO wishes to correct same in the interest of transparency to shareholders and the market.
23-Apr-2018
(Official Notice)
18-Apr-2018
(Official Notice)
Shareholders are hereby advised that in accordance with the strategy and certain deliverables set out in the pre-listing statement of the company issued on 13 December 2017, the company has entered into an agreement to provide products and services to a multinational client, which may have a material effect on the price of the company?s securities. Details of the agreement will be announced in due course.



Accordingly, shareholders are advised to exercise caution when dealing in the company?s securities until a full announcement is made.
08-Mar-2018
(Official Notice)
Shareholders are hereby advised that Advocate Dr Ngoako Ramatlhodi has been appointed as an independent non- executive director to the board of AYO Technology with effect 7 March 2018.



02-Mar-2018
(Official Notice)
Shareholders are advised in terms of paragraph 3.78 of the JSE Listings Requirements that the Company has been informed by its audit firm that there has been a change in its network firm from Grant Thornton Cape Inc. to BDO, as a result of the merger of BDO South Africa and Grant Thornton Cape Town. Accordingly, with effect from 1 March 2018, the auditor firm of the Company is now BDO, however the designated audit partner has remained unchanged. The change in audit firm was initiated by the audit firm as a result of the aforementioned merger.



The audit committee will in due course follow the process detailed in paragraph 3.84(g)(iii) of the JSE Listings Requirements relating to BDO. This process will be completed before the audit firm signs its next audit report. It is important to note, that whilst the designated audit partner has remain unchanged, the audit committee must request and consider the separate information about the receiving audit firm, as the Company is deemed to be appointing BDO for the first time.

08-Apr-2019
(X)
AYO is one of the largest Broad-Based Black Economic Empowerment (B-BBEE) companies in South Africa ? founded on the belief that the future will be shaped by technology and successful digital transformation.



Rooted locally, our purpose is therefore to help organisations reach new heights by empowering their people, enriching processes and developing evergreen business solutions. This is underpinned by our vision to be the leading empowered ICT partner for organisations across the African continent.



We deliver end-to-end ICT solutions to multiple industries in South Africa?s public and private sectors through strategic partnerships. These partnerships enable us to service customers across the African continent and in North America, Europe and Mauritius.


Send e-mail to for any enquiries or see Contact Details for phone numbers
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