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Afrimat Ltd (AFTJ.J)

AFTJ.J on Johannesburg Stock Exchange

23 May 2017
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Latest Key Developments (Source: Significant Developments)

Afrimat posts FY HEPS up 25.4 pct
Thursday, 18 May 2017 01:05am EDT 

May 18 (Reuters) - Afrimat Ltd::FY HEPS up 25,4% to 196,4 cents.FY NAV per share of 881 cents.Final dividend 50,0 cents per share.FY contribution from operations margin 18,2%.  Full Article

Afrimat sees FY HEPS down between 22-27 pct
Tuesday, 25 Apr 2017 02:45am EDT 

April 25 (Reuters) - Afrimat Ltd ::Sees FY HEPS between 191.1 cents and 198.9 cents per share (2016: 156.6 cents per share) reflecting an increase of between 22 pct and 27 pct on year ago.  Full Article

Afrimat says to defend itself in pricing probe
Monday, 3 Apr 2017 09:47am EDT 

Afrimat Ltd : Notice of referral received from Competition Commission . Received notice on March 31 from Competition Commission that has referred co to Competition Tribunal alleging abuse of dominance by charging excessive prices . Has been co-operating fully with Competition Commission since Competition Commission commenced its investigation in 2015 .Is of opinion that there is no merit to complaint and will therefore vigorously defend itself before Competition Tribunal.  Full Article

Afrimat sees H1 HEPS up between 22 pct-27 pct
Wednesday, 12 Oct 2016 01:05am EDT 

Afrimat Ltd : Trading update for the period ended Aug. 31, 2016 .Expects HEPS between 92.7-96.5 cents per share (2016: 76.0 cents per share) for period ended Aug. 31, reflecting an increase of between 22 pct-27 pct.  Full Article

Afrimat says in talks to buy iron ore business
Tuesday, 27 Sep 2016 04:54am EDT 

Afrimat Limited : Cautionary announcement . Company has entered into negotiations regarding an acquisition of an iron ore business currently placed under formal business rescue . Business rescue proposal was accepted and approved by creditors with requisite majority .If all conditions have been successfully concluded, it may have a material effect on price of company's securities.  Full Article

Vodafone, Afrimax announce partner market deal for Cameroon
Friday, 23 Sep 2016 02:00am EDT 

Vodafone Group Plc :Vodafone and Afrimax Group today jointly announced a new non-equity partner market agreement for Cameroon.  Full Article

Afrimat Rainbow Capital says to acquire minority stake in Afrimat
Friday, 23 Sep 2016 01:05am EDT 

Afrimat Rainbow Capital Proprietary Limited : Offered to purchase 26,300,000 shares in Afrimat, which comprises approximately 18.36 pct of share capital in Afrimat, from Afrimat Empowerment Investments Proprietary Limited . Transaction is subject to various conditions precedent, including participants of Afrimat BEE trust voting in favour of offer. . ARC has agreed to be locked in for at least four years on successful conclusion of purchase of Afrimat shares. .Purchase of Afrimat shares by ARC will facilitate settlement of all debt outstanding in relation to Afrimat shares held by AEI.  Full Article

Afrimat says FY HEPS up 15.5 pct to 156.6 cents
Thursday, 19 May 2016 01:35am EDT 

Afrimat Ltd : Fy heps up 15.5 pct to 156.6 cents . Final dividend per share 41 cents . NAV per share of 720 cents .Expects current subdued business climate to continue with group's growth driven by successful execution of its proven strategy, recent acquisitions and a wider product offering to market..  Full Article

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