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Brimstone Investment Corporation Ltd (BRNJn.J)

BRNJn.J on Johannesburg Stock Exchange

1,199.00ZAc
23 Feb 2018
Change (% chg)

-1.00 (-0.08%)
Prev Close
1,200.00
Open
1,165.00
Day's High
1,200.00
Day's Low
1,150.00
Volume
604,204
Avg. Vol
122,983
52-wk High
1,750.00
52-wk Low
1,051.00

Latest Key Developments (Source: Significant Developments)

Brimstone Says Disposed 13.5 Mln Shares In Life Healthcare For 362 Mln Rand
Wednesday, 7 Feb 2018 12:30am EST 

Feb 7 (Reuters) - Brimstone Investment Corporation Ltd ::ANNOUNCEMENT REGARDING THE DISPOSAL OF 13.5 MLN LIFE HEALTHCARE GROUP HOLDINGS LIMITED SHARES.DISPOSAL ‍FOR AN AGGREGATE TOTAL CONSIDERATION OF R362 MILLION.BRIMSTONE INVESTMENT CORPORATION - ‍FOLLOWING DISPOSAL BRIMSTONE HOLDS 51.3 MLN SHARES IN LIFE HEALTHCARE, REPRESENTING SHAREHOLDING OF 3.54 PCT​.‍TOTAL CONSIDERATION RECEIVED BY BRIMSTONE FOR DISPOSAL WILL BE USED TO REPAY CERTAIN OUTSTANDING DEBT FUNDING OBLIGATIONS​.  Full Article

Brimstone Investment Corp Says Unit Disposes 1.8 Mln Tiger Brands Shares​
Tuesday, 6 Feb 2018 04:05am EST 

Feb 6 (Reuters) - Brimstone Investment Corporation Ltd ::ANNOUNCEMENT REGARDING THE DISPOSAL OF 1 813 613 TIGER BRANDS LIMITED SHARES.UNIT BRIM TIGER SPV (PROPRIETARY) DISPOSED OF 1.8 MILLION TIGER BRANDS ORDINARY SHARES​.‍DEAL FOR A TOTAL CONSIDERATION OF R387.3 MILLION.‍CONSIDERATION RECEIVED BY BRIMSTONE FROM DISPOSALS WILL BE USED TO REPAY CERTAIN OUTSTANDING DEBT FUNDING OBLIGATIONS OF BRIMSTONE​.  Full Article

Brimstone Investment Says Sea Harvest In Talks to Acquire Fishing Business Of Viking Fishing
Monday, 11 Dec 2017 01:00am EST 

Dec 11 (Reuters) - Brimstone Investment Corporation Ltd ::‍SEA HARVEST ENTERED NEGOTIATIONS RELATING TO ACQUISITION BY CONSORTIUM LED BY SEA HARVEST OF FISHING BUSINESS OF VIKING FISHING.SEA HARVEST ENTERED NEGOTIATIONS RELATING TO ACQUISITION BY SEA HARVEST OF 51% OF VIKING AQUACULTURE PROPRIETARY.  Full Article

Stadio Holdings Says ‍Successfully Raised 200 Million Rand Via Placing
Wednesday, 29 Nov 2017 10:00am EST 

Nov 29 (Reuters) - Stadio Holdings Ltd ::‍SUCCESSFULLY RAISED R200 MILLION; NEW BLACK INVESTORS AND BRIMSTONE EACH CONTRIBUTED R100 MILLION IN TERMS OF PRIVATE PLACEMENT​.  Full Article

Brimstone Investment and Stadio says agreement to ‍acquire MBS Education​
Friday, 13 Oct 2017 04:25am EDT 

Oct 13 (Reuters) - Brimstone Investment Corporation Ltd ‍​:‍BRIMSTONE AND STADIO HOLDINGS HAVE ENTERED INTO AN AGREEMENT WITH COÖPERATIVE APOLLO GLOBAL NETHERLANDS U.A.​.AGREEMENT INCLUDES WITH ‍COÖPERATIVE APOLLO GLOBAL NETHERLANDS U.A., ENCOSOLVE PROPRIETARY AND MBS EDUCATION INVESTMENTS.AGREEMENT IS TO ‍ACQUIRE 100% OF ISSUED SHARE CAPITAL OF MBS EDUCATION​.‍PURCHASE CONSIDERATION PAYABLE FOR BRIMSTONE'S 30% STAKE IN MILPARK IS R96 MILLION AND WILL BE SETTLED FROM EXISTING CASH RESOURCES​.  Full Article

Stadio says agrrement for Milpark SPV to acquire 100% of MBS Education​
Friday, 13 Oct 2017 03:00am EDT 

Oct 13 (Reuters) - STADIO HOLDINGS LTD :AGRREMENT FOR ‍MILPARK SPV TO ACQUIRE 100% OF ISSUED SHARE CAPITAL OF MBS EDUCATION​.DEAL FOR 320 MILLION RAND.‍CONSIDERATION WILL BE SETTLED IN CASH BY MILPARK SPV BY WAY OF ELECTRONIC FUNDS TRANSFER​.  Full Article

Brimstone Investment to take part in private placement of Stadio shares
Friday, 15 Sep 2017 10:46am EDT 

Sept 15 (Reuters) - Brimstone Investment Corporation Ltd ::BRIMSTONE'S PARTICIPATION IN A PRIVATE PLACEMENT OF STADIO HOLDINGS LIMITED SHARES.DEAL INCLUDES PRIVATE PLACEMENT OF STADIO SHARES WITH AN AGGREGATE VALUE OF R100 MILLION BY STADIO WITH BRIMSTONE SPV.PRICE AT WHICH STADIO SHARES WILL BE PLACED AND ISSUED IN TERMS OF B-BBEE TRANSACTION WILL BE LOWER OF R2.96 PER STADIO SHARE.EFFECTIVE DATE OF B-BBEE TRANSACTION WILL BE 5TH BUSINESS DAY AFTER CLOSING DATE OF INDIVIDUAL PLACEMENT.  Full Article

Brimstone Investment Corp posts HY basic headline loss per share of 101.4 cents
Wednesday, 23 Aug 2017 01:30am EDT 

Aug 23 (Reuters) - BRIMSTONE INVESTMENT CORPORATION LTD ::IN HY 27% INCREASE IN OPERATING PROFIT TO R155.9 MILLION.HY LOSS FOR PERIOD OF R201.0 MILLION COMPARED TO A PROFIT OF R48.3 MILLION IN COMPARATIVE PERIOD.SAYS NO INTERIM DIVIDEND IS DECLARED FOR HALF YEAR.HY BASIC HEADLINE LOSS PER SHARE 101.4 CENTS VERSUS EARNINGS OF 11.5 CENTS YEAR AGO.HY HEADLINE EARNINGS OF R110.6 MILLION FOR SEA HARVEST .  Full Article

Brimstone sees HY headline loss of between 92.2-110.6cents/shr
Monday, 21 Aug 2017 11:25am EDT 

Aug 21 (Reuters) - Brimstone investment corporation ltd ::FOR SIX MONTHS ENDED 30 JUNE , EXPECTS BASIC HEADLINE LOSS PER SHARE OF BETWEEN 92.2 CENTS TO 110.6 CENTS.  Full Article

Brimstone Investment Corp sees HY basic headline loss per share to decrease more than 100 pct
Wednesday, 5 Jul 2017 07:50am EDT 

July 5 (Reuters) - Brimstone Investment Corporation Ltd ::Sees HY basic loss per share and basic headline loss per share to decrease more than 100 pct compared to prior year.Basic earnings per share of 12.2 cents and basic headline earnings per share of 11.5 cents were reported in comparative period.  Full Article

BRIEF-Brimstone Says Completed Disposal Of Certain Life Healthcare Shares

* ANNOUNCEMENT REGARDING THE DISPOSAL OF 13.5 MLN LIFE HEALTHCARE GROUP HOLDINGS LIMITED SHARES

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