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26-Jul-2019
(Official Notice)
Shareholders were advised that at the annual general meeting of shareholders held on Friday, 26 July 2019 (in terms of the notice dispatched on Friday, 28 June 2019) all the resolutions tabled thereat were passed by the requisite majority of shareholders.
28-Jun-2019
(Official Notice)
Shareholders are advised that Castleview's integrated report, incorporating the audited annual financial statements for the year ended 28 February 2019 (on which the company's auditors expressed an unmodified audit opinion), has been published today, Friday 28 June 2019, and is available on the company's website, castleview.co.za/wp- content/uploads/2019/06/CSV-Integrated-Report-2019.pdf and contains no changes from the provisional summarised reviewed consolidated financial statements for the twelve months ended 28 February 2019 which were released on SENS on Friday, 24 May 2019.



The integrated report contains a notice of annual general meeting for Castleview shareholders, which will be held at Noland House, River Park, River Lane, Mowbray, Cape Town on Friday, 26 July 2019 at 10:00.



The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 16 July 2019 and the record date for voting purposes is Friday, 19 July 2019.



Shareholders are further notified that in accordance with the JSE Listings Requirements, the company's annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and is available on the company's website, https://castleview.co.za/wp-content/uploads/2019/06/CSV-BEE-Verification-Report.pdf.
24-May-2019
(C)
The following results are the first twelve month results since listing hence are incomparable. Revenue for the year came to R40.0 million whilst operating profit was R24.2 million. Profit and total comprehensive income attributable to owners of R10.2 million was recorded. In addition, headline earnings per share were 28.63 cents per share.



Dividend

The board has approved and notice is hereby given of the final gross dividend of 19.43000 cents per share for the six months ended 28 February 2019.



Company outlook

Castleview will continue to focus on a disciplined approach to the management of its existing asset and the growth of the portfolio in order to return growth in capital and income to shareholders.



The cancellation of the existing office tower head lease at Pier 14 and conversion of this space to residential apartments will result in the loss of income from the office tower as construction of the apartments takes place. This is expected to result in net income from the portfolio and distributions per share declining in the coming financial year.



This will be compensated for by longer term sustainability and diversity of rental income from Pier 14. On completion of this project and assuming a market related occupancy level on completion, net income from the portfolio and dividends per share are expected to recover and grow thereafter.
01-Mar-2019
(Official Notice)
Shareholders are advised that Ms. Elana Kruger has resigned as an executive financial director of the Company with effect from 28 February 2019. The Castleview board of directors ("Board") express its sincere thanks to Elana for her services to the Company.



Shareholders are further advised that Mr. Colin Dockrall has been appointed as an executive financial director of Castleview with effect from 1 March 2019.
29-Oct-2018
(C)
No comparative figures have been presented as these are the first interim financial statements for the group since listing. Revenue was recorded at R21.4 million, operating profit was at R13 million and profit attributable to owners of the parent came to R10 million. Furthermore, headline earnings per share was 17.88 cents per share.



Dividend

The board has approved a final gross dividend of 17.79926 cents per share for the six months ended 31 August 2018.



Outlook

Castleview will continue to focus on a disciplined approach to the management of its existing asset and the growth of the portfolio in order to return growth in capital and income to shareholders.



Board change

Shareholders are advised that Elana Kruger has tendered her resignation as financial director of Castleview. The board of directors has commenced the process of identifying a suitable candidate to take up the position of financial director. Elana will remain on as financial director until a new appointment is made and will assist in ensuring a smooth transition to her successor. An announcement will be made in due course once the appointment of a new financial director has been confirmed by the board of directors.
27-Jul-2018
(Official Notice)
Shareholders are advised that at the annual general meeting of shareholders held on Friday, 27 July 2018 (in terms of the notice dispatched on 18 June 2018) all the resolutions tabled thereat were passed by the requisite majority of shareholders.
18-Jun-2018
(Official Notice)
Shareholders are advised that Castleview?s integrated report, incorporating the audited annual financial statements for the eight months ended 28 February 2018 (on which the company?s auditors expressed an unmodified audit opinion), was posted on the company?s website, www.castleview.co.za, on Monday, 18 June 2018, and contains no changes from the provisional summarised reviewed consolidated financial statements for the eight months ended 28 February 2018 which were released on SENS on 17 May 2018.



The integrated report contains a notice of annual general meeting for Castleview shareholders, which will be held at Noland House, River Park, River Lane, Mowbray, Cape Town on Friday, 27 July 2018 at 10:00. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 17 July 2018 and the record date for voting purposes is Friday, 20 July 2018.



Shareholders are advised that a further announcement in respect of the publication of the company?s Broad-Based Black Economic Empowerment annual compliance report will be released in due course.
17-May-2018
(C)
The current reporting period is eight months, as the company was incorporated on 6 July 2017. No comparative figures have been presented as these are the first provisional summarised reviewed consolidated financial statements for the group. Revenue was recorded at R17.8 million, operating profit was R7.7 million and profit attributable to owners of the parent came to R3.8 million. Furthermore, headline earnings per share was 4.5 cents per share.



Payment of dividend

The board has approved and notice is hereby given of the final gross dividend of 16.71996 cents per share for the eight months ended 28 February 2018.



Outlook

Castleview will continue to focus on a disciplined approach to the management of its existing asset and the growth of the portfolio in order to return growth in capital and income to shareholders.
16-May-2018
(Official Notice)
Shareholders are advised that the company anticipates that its dividend per share for the eight months ended 28 February 2018 will be 16.7 cents per share, being 39.17% higher than the forecast dividend per share of 12 cents per share published in Castleview's pre-listing statement issued on 13 December 2017 ("forecast dividend").



The variance relates to the board recommending that net income, previously forecast to be retained, will now be distributed as part of the dividend.



The financial results of Castleview for the eight months ended 28 February 2018 will be published on or about 17 May 2018.
19-Dec-2017
(X)
Castleview is a newly incorporated company and has been established for the purpose of creating a newly listed company which will acquire and/or develop properties either directly or indirectly through subsidiaries with a strategy of investing in a diversified portfolio of retail properties in South Africa, providing exposure to consumers from a cross-section of income categories, and accordingly does not have a trading history.



Castleview, through its major subsidiary, FEC Prop, holds the property being Pier 14, which is newly acquired. Pier 14 was acquired by Castleview One, a wholly-owned subsidiary of Castleview, through a subscription for shares in FEC Prop, which owns the property, such that Castleview One owns 99.99% of the issued shares in FEC Prop (its only asset) with effect from 2 October 2017.


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