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Adcock Ingram Holdings Ltd (AIPJ.J)

AIPJ.J on Johannesburg Stock Exchange

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21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Adcock Ingram says settlement reached in merger complaint
Thursday, 15 Jun 2017 05:11am EDT 

June 15 (Reuters) - Adcock Ingram Holdings Ltd ::Settlement reached in competition commission investigation.Settlement has been reached in respect of a pre-implementation of a merger complaint referral by competition commission.In order to avoid litigation, respondents have, without admitting guilt, reached a settlement with competition commission.Settlement has been confirmed by competition tribunal.Respondents have agreed to pay a settlement amount of 2 mln rand and to develop, implement a competition law compliance programme.  Full Article

S.Africa's Competition Tribunal to consider settlement Bidvest, Adcock Ingram deal
Monday, 12 Jun 2017 10:30am EDT 

June 12 (Reuters) - South Africa's Competition Tribunal::To consider settlement agreement involving bb investment, Bidvest for acquiring control of Adcock Ingram Holdings before deal's approval.  Full Article

Adcock Ingram to acquire Virtual Logistics
Monday, 3 Apr 2017 03:41am EDT 

Adcock Ingram Holdings Ltd : Adcock Ingram to acquire Virtual Logistics . Acquisition will be effective April 2017 Further company coverage: [AIPJ.J] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Adcock Ingram says half-year HEPS up 52 pct
Wednesday, 22 Feb 2017 12:09am EST 

Adcock Ingram Holdings Ltd : Interim results for six months ended Dec. 31 2016 and cash dividend declaration . HY headline earnings per share increases 49 pct . HY turnover increases 11 pct to 2,979 mln rand from continuing operations . HY headline earnings per share from continuing operations increases 52 pct . HY dividend declared: 63 cents per share .HY headline earnings per share of 144.9 cents (Dec 2015: 95.1 cents), an increase of 52 pct.  Full Article

Adcock Ingram sees HEPS for six months ended Dec. 31 up between 45-49 pct
Tuesday, 14 Feb 2017 08:02am EST 

Adcock Ingram Holdings Limited :HEPS for six months ended Dec 31, will reflect an increase of between 45 pct and 49 pct being, 145 cents and 149 cents per share (December 2015:99.8 cents).  Full Article

Adcock says disposes 53 pct stake in Ayrton Drug Manufacturing Ltd
Wednesday, 7 Dec 2016 09:04am EST 

Adcock Ingram Holdings Ltd : Adcock Ingram disposes of 53 pct interest in Ayrton Drug Manufacturing Limited, Ghana . Transaction was subject to approval by Ghana Securities And Exchange Commission . Says company has concluded a voting pool agreement with Dannex, in relation to 25.1 pct interest Adcock Ingram retains in Ayrton .Dannex has since complied with all conditions precedent and transaction closed on Nov. 30 2016.  Full Article

Adcock Ingram says FY normalised HEPS up 20.1 pct
Friday, 26 Aug 2016 01:06am EDT 

Adcock Ingram Holdings Ltd : Group annual results for the year ended June 30 2016 and cash dividend declaration . FY turnover increase of 7.5 pct to 5.546 bln rand . FY trading profit increase of 16.9 pct to 606 mln rand . FY normalised headline earnings per share up by 20.1 pct . Dividend declared: 54 cents per share . Net debt reduced by 466 mln rand .FY headline earnings from continuing operations for year increased to 376.4 mln rand(2015: 335.5 mln rand).  Full Article

Adcock Ingram sees FY HEPS between 41.9-43 pct higher
Friday, 19 Aug 2016 06:12am EDT 

Adcock Ingram Holdings Ltd : Trading statement .FY HEPS from total operations are likely to be between 227.2 cents and 228.9 cents per share (between 41.9 pct and 43 pct) higher.  Full Article

BRIEF-Adcock Ingram to acquire Virtual Logistics

* Acquisition will be effective April 2017 Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)