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31-Jul-2019
(Official Notice)
Shareholders are advised that Montauk's integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2019, has been posted to shareholders.



The audited annual financial statements contain the following modification to the reviewed provisional consolidated results for the year ended 31 March 2019, released on SENS on Thursday 9 May 2019:



An earn out liability of USD2 million, recognised in connection with a business combination in the current year, has been reclassified from long- term provisions to non-current financial liabilities with the effect that long-term provisions have decreased from USD7.5 million to USD5.5 million and Non-current financial liabilities have increased from USD0.8 million to USD2.8 million in the statement of financial position in the current year. The reclassification has no impact on the comparative results and has no impact on the statement of comprehensive income.



BDO South Africa Incorporated audited the annual financial statements of Montauk and their unqualified report is available for inspection at the registered offices of the Company.



Shareholders are advised that the integrated annual report for the year ended 31 March 2019 is also available on the Company's website (www.montauk.co.za).



The integrated annual report contains a notice of AGM for Montauk shareholders, which will be held at the registered offices of the Company, Suite 801, 76 Regent Road, Sea Point, Cape Town, 8005 on Thursday, 12 September 2019 at 14:00. Shareholders should note the record date is Friday 6 September 2019 and last date to trade is Tuesday 3 September 2019 to be entitled to vote and participate at the AGM.
09-May-2019
(C)
Revenue for the year grew by 9% to USD119 million (2018: USD109.1 million), EBITDA was 6.6% lower at USD49.8 million (2018: USD53.3 million) and profit for the year attributable to equity holders of the parent declined to USD20.1 million (2018: USD22.3 million). Furthermore, headline earnings per share dropped by 5.6 to USD15.65 cents per share (2018: USD16.57 cents per share).



Dividend to shareholders

The directors have resolved not to declare a final dividend to focus financial resources on the continued development of the Company's operations portfolio.
05-Feb-2019
(Official Notice)
Shareholders are referred to the SENS announcement released by the Company on 31 October 2018 wherein the Company advised that the it had received approval from the South African Reserve Bank to pursue a listing on the Nasdaq Stock Market ("NASDAQ") with a secondary inward listing on the JSE Limited ("JSE") (the "Proposed Listing").



Whilst the rationale for the Proposed Listing remains sound, the board of directors and management of the Company have decided to postpone the Proposed Listing due to the prevailing market conditions in both the United States and South Africa. Market conditions for the Proposed Listing will be reassessed in the second half of 2019 and further communication will be provided to shareholders in due course.

03-Dec-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, Grant Thornton Johannesburg Partnership ("Grant Thornton"), that there has been a change in its network firm membership from Grant Thornton to BDO South Africa Inc. ("BDO"). The change was initiated, following the merger of Grant Thornton and BDO on 1 December 2018.



Accordingly, the audit firm of the Company is now BDO and the designated audit partner, Theunis Schoeman, will remain unchanged. The Audit and Risk Committee of the Company will in due course follow the process detailed in paragraph 3.84(g)(iii) of the JSE Listings Requirements, as the Company is deemed to be appointing BDO for the first time. This process will be completed before the audit firm signs its next audit report.
31-Oct-2018
(C)
Revenue for the interim period went down 3.5% to USD51.2 million (USD53.1 million). EBITDA declined 12.4% to USD23.5 million (USD26.8 million). Operating profit decreased to USD16.3 million (USD19.2 million). However, profit attributable to equity holders grew to USD11.2 million (USD9.6 million). In addition, headline earnings per share rose 20.7% to US 8.41 cents per share (US 6.97 cents per share).



Dividend

The directors of Montauk have resolved to declare an interim ordinary dividend number 3 of 43.5 cents (gross) per Montauk share for the year ended 31 March 2019 from income reserves.
12-Oct-2018
(Official Notice)
Shareholders are advised that the Company?s annual compliance certificate in terms of section 13G(2) of the Broad-based Black Economic Empowerment Amendment Act, No 46 of 2013, is available on the Company?s website at http://montaukenergy.com/investor-relations/.
06-Sep-2018
(Official Notice)
Shareholders are hereby advised that at the annual general meeting of the company held at 14:00 on the 5 September 2018 at Suite 801, 76 Regent Street, Sea Point, 8005 (?AGM?), all of the resolutions were passed by the requisite majority of Montauk shareholders.



Montauk Holdings shareholders are advised that the following changes have been made to the Montauk Holdings Board of Directors:



Mr Andre van der Veen retired as a director of the company in accordance with the company?s memorandum of incorporation with effect from the date of the company?s AGM on 5th September 2018.



As per ordinary resolution number 1.3 Mr Kevin Govender has been elected as a non-executive director of the company.
31-Jul-2018
(Official Notice)
Shareholders are advised that Montauk?s integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2018, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 4 May 2018. Grant Thornton Johannesburg Partnership audited the annual financial statements of Montauk and their unqualified report is available for inspection at the registered offices of the company.



Shareholders are advised that the integrated annual report for the year ended 31 March 2018 is also available on the company?s website (www.montauk.co.za).



The integrated annual report contains a notice of Annual General Meeting for Montauk shareholders, which will be held at the registered offices of the company, Suite 801, 76 Regent Road, Sea Point, Cape Town, 8005 on Wednesday, 5 September 2018 at 14:00. Shareholders should note the voting record date is Friday 31 August 2018 and last date to trade is Tuesday 28 August 2018.
04-May-2018
(C)
Revenue for the year went up 22.5% to USD109.1 million (USD89.1 million), whilst EBITDA rose 42.3% to USD53.3 million (USD37.5 million). Operating profit jumped to USD42.0 million (USD22.1 million). However, profit attributable to equity holders dipped to USD22.3 million (USD42.1 million). In addition, headline earnings per share fell 48.4% to USD16.57 cents per share (USD32.08 cents per share).



Dividend

The directors of Montauk have resolved to declare a final ordinary dividend number two of ZAR63 cents (gross) per Montauk share for the year ended 31 March 2018 from income reserves.
30-Apr-2018
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2018, the Company will report basic earnings per share of between 18.03 and 14.92 US cents, being a decrease of between 42,0% and 52,0% as compared to the prior year basic earnings per share of 31.08 US cents. Headline earnings per share is expected to be between 17.97 and 14.76 US cents, being a decrease of between 44.0% and 54.0% as compared to the prior year headline earnings per share of 32.08 US cents.



Basic and headline earnings per share in the prior year included a deferred tax income item in the amount of USD26.8 million that was recorded as a result of the recognition of a deferred tax asset of the same amount. The current year basic and headline earnings per share includes a deferred tax expense of USD14.7 million, resulting from income utilisation of the Company?s deferred tax asset and statutory tax rate reductions in accordance with the United States 2017 Tax Cuts and Jobs Act.



The above information has not been reviewed or reported on by the Company`s auditors. The Company`s results are expected to be published on or about 4 May 2018.
01-Nov-2017
(Official Notice)
Montauk ordinary shareholders are advised that at the annual general meeting (?AGM?) of HCI held on Tuesday, 1 November 2017, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of Montauk shareholders.



31-Oct-2017
(C)
Revenue increased to USD53.1 million (USD42.1 million). EBITDA shot up 57.8% to USD26.8 million (USD17 million). Profit attributable to equity holders rose to USD9.6 million (USD6.1 million). In addition, headline earnings per share grew to USD6.97cps (USD4.55cps).



Dividend

The directors have resolved not to declare an interim dividend.
26-Oct-2017
(Official Notice)
Shareholders were advised that a reasonable degree of certainty exists that for the six months ended 30 September 2017, the Company will report basic earnings per share of between USD7.27 cents and USD6.82 cents, being an increase of between 62,4% and 52,4% as compared to the prior comparative period basic earnings per share of USD4.48 cents. Headline earnings per share is expected to be between USD7.19 cents and USD6.74 cents, being an increase of between 58,2% and 48,2%, as compared to the prior comparative period headline earnings per share of USD4.55 cents.



The Company`s results are expected to be published on or about 31 October 2017.
28-Sep-2017
(Official Notice)
Shareholders are advised that Montauk?s integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2017, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 5 May 2017. Grant Thornton Johannesburg Partnership audited the annual financial statements of Montauk and their unqualified report is available for inspection at the registered offices of the Company.



Shareholders are advised that the integrated annual report for the year ended 31 March 2017 is also available on the Company?s website (www.montauk.co.za).



The integrated annual report contains a notice of annual general meeting for Montauk shareholders, which will be held at the registered offices of the Company, 5th Floor, 4 Stirling Street, Cape Town, 7925 on Wednesday, 1 November 2017 at 14:00. Shareholders should note the voting record date is Friday, 20 October 2017 and last date to trade is Tuesday, 17 October 2017.

05-May-2017
(C)
Revenue for the year grew by 75.6% to USD89.1 million (2016: USD50.8 million) and EBITDA shot up by 301.7% to USD37.5 million (2016: USD9.3 million). Profit for the year attributable to equity holders of the parent soared to USD42.1 million (2016: USD2.3 million). In addition headline earnings per share were 975.2% higher at USD31.86 cents per share (2016: headline loss of USD3.64 cents per share).



Dividend

The directors of Montauk have resolved to declare a final ordinary dividend number one of 39.5 South African cents (gross) per Montauk share for the year ended 31 March 2017 from income reserves.

28-Apr-2017
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2017, the company will report basic earnings per share of between USD31.13 cents and USD30.79 cents, as compared to the prior year basic earnings per share of USD1.72 cents. Headline earnings per share is expected to be between USD32.29 cents and USD31.56 cents, as compared to the prior year headline earnings per share of USD(3.64) cents.



Basic and headline earnings per share in the current year includes a deferred tax income item in the amount of USD26.8 million that was recorded as a result of the recognition of a deferred tax asset of the same amount. The deferred tax asset relates to the group?s net operating losses that may be utilised for set- off against future taxable income. Excluding the recognition of this deferred tax asset, the company would have reported basic earnings per share of between USD11.41 cents and USD11.06 cents, as compared to the prior year basic earnings per share of USD1.72 cents. Headline earnings per share reported would have been between USD12.60 cents and USD11.87 cents, as compared to the prior year headline earnings per share of USD(3.64) cents.



The above information has not been reviewed or reported on by the company`s auditors. The company`s results are expected to be published on or about 5 May 2017.

02-Nov-2016
(Official Notice)
Montauk?s ordinary shareholders are advised that at the Annual General Meeting (?AGM?) of Montauk held on Tuesday 1st November 2016, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of Montauk shareholders.
28-Oct-2016
(C)
Revenue more than doubled to USD42.1 million (USD17.3 million). EBITDA shot up 603.2% to USD17.0 million (USD2.4 million). Profit attributable to equity holders rose marginally to USD6.1 million (USD6.0 million). In addition, headline earnings per share turned around to USD4.55cps (loss of USD2.62cps).



Dividend

The directors have resolved not to declare an interim dividend.
24-Oct-2016
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the six months ended 30 September 2016, the company will report basic earnings per share of between 4.70 and 4.25 US cents, being between an increase of 5,5% and a decrease of 4,5% as compared to the restated prior comparative period basic earnings per share of 4.45 US cents. Headline earnings per share is expected to be between 4.67 and 4.41 US cents, being an improvement of between 278,3% and 268,3%, as compared to the restated prior comparative period headline earnings per share of (2.62) US cents.



Basic earnings per share in the prior comparative period included once-off proceeds of USD9.9 million in respect of the disposal of retired emission reduction credits (?ERCs?).



The above information has not been reviewed or reported on by the company`s auditors. The company`s results are expected to be published on or about 28 October 2016.



30-Sep-2016
(Official Notice)
Shareholders are advised that Montauk?s integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2016, has been posted to shareholders and contains certain changes from the reviewed results which were published on SENS on 28 June 2016. Shareholders are advised that the integrated annual report for the year ended 31 March 2016 is also available on the Company?s website (www.montauk.co.za).



AGM notice

The integrated annual report contains a notice of Annual General Meeting for Montauk shareholders, which will be held at the registered offices of the Company, 5th Floor, 4 Stirling Street, Cape Town, 7925 on Tuesday, 1 November 2016 at 14:00.
28-Jun-2016
(C)
Revenue for the year grew by 72.5% to USD50.8 million (2015: USD29.4 million). EBITDA shot up by 278.9% to USD9.3 million (2015: USD2.5 million). Profit for the year attributable to equity holders of the parent improved to USD2.3 million (2015: loss of USD20.4 million). Furthermore headline loss per share from continuing operations narrowed by 43.6% to USD3.64 cents per share (2015: headline loss of USD6.52 cents per share).



Dividend

The directors have resolved not to declare a final dividend.
23-Jun-2016
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2016, the company will report basic profit per share of between USD2.48 and USD0.97 cents, being an improvement of between 116.4% and 106.4% as compared to the prior year basic loss per share of USD15.11 cents, and headline loss per share of between USD3.96 and USD 3.32 cents, being a decrease in losses of between 38.6% and 48.5%, as compared to the restated prior year headline loss per share of USD6.45 cents.



Basic profit per share includes a profit of USD9.6 million in respect of the disposal of retired emission reduction credits (?ERCs?) during the year.



The company`s results are expected to be published on 28 June 2016.
27-May-2016
(Official Notice)
Shareholders are advised that Mr David Herrman has resigned from his position as Chief Executive Officer (?CEO?) and executive director of the company as of the 10th June 2016.



Mr Martin Ryan has been appointed by the board as chief executive officer and executive director with immediate effect. Mr Herrman has made himself available to assist with the transition of responsibilities to Mr Ryan.

03-Nov-2015
(C)
Revenue was 11.38% higher at USD17.3 million (2014: USD15.5 million). EBITDA came in at 31.9% higher USD2.4 million (2014: USD1.8 million), while the profit attributable to equity holders of the parent increased to USD5.4 million (2014: USD3.4 million). The headline loss per share from continuing operations widened to 3.07 UScents per share (2014: 2.43 UScents per share).



Dividend

The directors have resolved not to declare a final dividend.



30-Oct-2015
(Official Notice)
Shareholders were advised that at the annual general meeting of the Company held at 14:00 on the 29 October 2015 at Suite 801, 76 Regent Street, Sea Point, 8005 (?AGM?), all of the resolutions were passed by the requisite majority of Montauk shareholders.
28-Oct-2015
(Official Notice)
Shareholders are advised that a reasonable degree of certainty exists that for the six months ended 30 September 2015, the Company will report basic earnings per share of between USD4.13 and USD3.89 cents, being an increase of between 65% and 56% as compared to the prior comparative period basic earnings per share of USD2.50 cents, and headline earnings per share of between (USD3.21) and (USD2.92) cents, being between an increase in losses of 7% and a decrease in losses of 3%, as compared to the prior comparative period headline earnings per share of (USD3.00) cents.



Basic earnings per share includes a profit of USD9.9 million in respect of the disposal of retired emission reduction credits (?ERCs?) during the period. The Company`s results are expected to be published on 3 November 2015.
29-Sep-2015
(Official Notice)
Shareholders are advised that Montauk?s integrated annual report, incorporating the audited annual financial statements for the year ended 31 March 2015, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 4 June 2015. Grant Thornton Johannesburg Partnership audited the annual financial statements of Montauk and their unqualified report is available for inspection at the registered offices of the Company.



Shareholders are advised that the integrated annual report for the year ended 31 March 2015 is also available on the Company?s website (www.montauk.co.za). The integrated annual report contains a notice of Annual General Meeting for Montauk shareholders, which will be held at the registered offices of the Company, Suite 801, 76 Regent Road, Sea Point, Cape Town, 8005 on Thursday, 29 October 2015 at 14:00.

04-Jun-2015
(C)
Montauk released their maiden final results for March 2015. Revenue came in at USD29.4 million, EBITDA was USD2.5 million, while loss attributable to equity holders of the parent was USD20.4 million. Furthermore, headline loss per share from continuing operations was recorded at USD6.52cps.



Dividend

The directors have resolved not to declare a final dividend.



03-Jun-2015
(Official Notice)
Shareholders are hereby advised that a reasonable degree of certainty exists that for the year ended 31 March 2015, the company will report basic losses per share of between 15.59 cents and 14.63 cents, being an increase in losses of between 63% and 53%, and headline losses per share of between 7.36 cents and 6.80 cents, being an increase in losses of between 31% and 21%, as opposed to basic losses per share of 9.56 cents and headline losses per share of 5.62 cents for the prior year.



Basic losses per share includes losses relating to the disposal of certain subsidiaries to fellow subsidiaries of the Hosken Consolidated Investments Ltd. group prior to that company?s unbundling of its shareholding in the company.



The company`s results are expected to be published on 4 June 2015.
18-May-2015
(Official Notice)
Shareholders are referred to the Stock Exchange News Service (?SENS?) announcement released by Montauk on Wednesday, 4 March 2015 (?Offer SENS?), as well as the mandatory offer document posted to shareholders on 25 March 2015, which contained details of the mandatory offer made by a consortium to acquire all the Montauk shares that it does not already own for a cash consideration of 320 cents per Montauk share.



The abovementioned mandatory offer closed at 12:00 on Friday, 15 May 2015. Shareholders are hereby advised that in terms of the mandatory offer, the consortium received acceptances from Montauk shareholders holding 17 675 183 Montauk shares, constituting approximately 13.1% of the issued ordinary shares of Montauk.



Prior to the mandatory offer, the consortium held 44.1% of the issued share capital of Montauk. Subsequent to the closing of the mandatory offer, the consortium holds approximately 57.2% of the issued share capital of Montauk.
04-Mar-2015
(Official Notice)
19-Dec-2014
(C)
Montauk released their maiden interim results. Revenue came in at USD15.5 million, EBITDA was USD1.8 million, while profit attributable to equity holders of the parent was USD3.4 million. Furthermore, headline loss per share from continuing operations was recorded at USD2.43cps.



Dividend

The directors have resolved not to declare an interim dividend.
16-Aug-2019
(X)
Montauk is a fully-integrated renewable energy company specializing in the management, recovery, and conversion of biogas into renewable energy. Montauk has over 30 years of experience in the development, operation, and management of biogas-fueled renewable energy projects. Montauk is a leader in renewable energy development from biogas. We specialize in developing projects which collectively benefit all parties involved. Our portfolio is diversified and positioned to withstand market fluctuations, as well as to capture emerging trends and future demand.


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