Edition:
United States

Remgro Ltd (REMJ.J)

REMJ.J on Johannesburg Stock Exchange

20,450.00ZAc
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

S.Africa's Competition Commission Conditionally Approves Heinz SA- Pioneer Foods Deal
Wednesday, 25 Apr 2018 07:21am EDT 

April 25 (Reuters) - Ansys Ltd ::SOUTH AFRICA'S COMPETITION COMMISSION - HAS APPROVED PROPOSED MERGER, WITHOUT CONDITIONS, WHEREBY ANSYS INTENDS TO ACQUIRE LAW TRUST.S.AFRICA'S COMPETITION COMMISSION- RECOMMENDED TO TRIBUNAL THAT PROPOSED MERGER BETWEEN REMGRO- CAPEVIN BE APPROVED WITH CONDITIONS.SA'S COMPETITION COMMISSION - RECOMMENDED PROPOSED MERGER WHEREBY PIONEER FOODS INTENDS TO ACQUIRE HEINZ FOODS SOUTH AFRICA BE APPROVED WITH CONDITIONS.  Full Article

Remgro six-month HEPS rises
Thursday, 16 Mar 2017 11:03am EDT 

Remgro Ltd : Intrinsic net asset value per share decreased by 15.9 pct from R306.44 at June 30, 2016 to R257.79 at Dec. 31, 2016 . HY sales 14.511 billion rand versus 14.255 billion rand year ago . HY basic HEPS 867.7 cents versus 689.4 cents year ago . HY basic headline earnings per share, excluding once-off costs and option remeasurement 744.3 cents versus 713.8 cents year ago .2016 interim gross dividend of 194 cents (2015: 185 cents) per share.  Full Article

Remgro says co and Capevine to hold a pre-emptive right to purchase shares in Distell
Tuesday, 27 Sep 2016 11:07am EDT 

Remgro Limited : Remgro shareholders are referred to circular dated 15 July relating to increase in number of company's authorised ordinary shares . No agreement regarding potential acquisition has been reached, and Remgro will only exercise its pre-emptive right on commercially appropriate terms . Proposed rights issue will provide company with cash resources and flexibility to capitalise on attractive investment opportunities . Remgro and Capevin Holdings Limited hold a pre- emptive right to purchase these shares in Distell . Any surplus cash not utilised for strategic opportunities may also be used to repay Remgro's existing debt . Rights issue will consist of an offer of 48. 1 million new ordinary shares .Rights issue at a subscription price of r192.50 per rights issue share, representing an aggregate amount for all rights issue shares of 9,261.3 million rand.  Full Article

BRIEF-Remgro Posts Says HY Headline Earnings Per Share Down 10.4 Pct​

* ‍HY HEADLINE EARNINGS 4.41 BILLION RAND VERSUS 4.69 BILLION RAND YEAR AGO Source text for Eikon: Further company coverage: