Edition:
United States

Spur Corporation Ltd (SURJ.J)

SURJ.J on Johannesburg Stock Exchange

2,650.00ZAc
14 Aug 2018
Change (% chg)

17.00 (+0.65%)
Prev Close
2,633.00
Open
2,680.00
Day's High
2,680.00
Day's Low
2,631.00
Volume
4,995
Avg. Vol
45,595
52-wk High
3,145.00
52-wk Low
2,401.00

Latest Key Developments (Source: Significant Developments)

Spur ‍Corp Founder And Executive Chairman Ambor To Retire
Friday, 23 Feb 2018 02:00am EST 

Feb 23 (Reuters) - SPUR CORPORATION LTD ::‍FOUNDER AND EXECUTIVE CHAIRMAN ALLEN AMBOR IS TO RETIRE FROM COMPANY AND BOARD WITH EFFECT FROM 1 MARCH 2019​.‍AMBOR IS REQUIRED TO SERVE A 12-MONTH NOTICE PERIOD​.‍NOMINATIONS COMMITTEE OF BOARD WILL SHORTLY COMMENCE PROCESS TO IDENTIFY A NEW BOARD CHAIRMAN​.  Full Article

Spur Says Headline Earnings From Continuing Operations Decreased By 11.8%
Thursday, 22 Feb 2018 02:00am EST 

Feb 22 (Reuters) - Spur Corporation Ltd ::‍GROUP CEASED TRADING IN UNITED KINGDOM AND IRELAND BY END OF 2016 FINANCIAL YEAR​.‍HY REVENUE FROM CONTINUING OPERATIONS DECLINED BY 0.9% TO R344.6 MILLION​.HY ‍PROFIT BEFORE INCOME TAX FROM CONTINUING OPERATIONS DECLINED BY 15.5% TO R134.3 MILLION​.‍HY HEADLINE EARNINGS DECLINED BY 10.5% TO R96.6 MILLION AND HEADLINE EARNINGS FROM CONTINUING OPERATIONS DECREASED BY 11.8% TO R96.6 MILLION​.‍DECLARE INTERIM GROSS CASH DIVIDEND FOR HALF YEAR OF R68.343 MILLION, EQUATES TO 63.0 CENTS PER SHARE FOR EACH OF 108 480 926 SHARES IN ISSUE​.  Full Article

Spur Corporation announces resignation of financial director
Monday, 27 Nov 2017 08:46am EST 

Nov 27 (Reuters) - SPUR CORPORATION LTD ::‍RONEL VAN DIJK ON 24 NOVEMBER 2017 HAS TENDERED HER RESIGNATION AS FINANCIAL DIRECTOR OF COMPANY​.‍RESIGNATION WILL BE EFFECTIVE FROM 31 MARCH 2018.‍RESIGNATION IN ORDER TO PURSUE OTHER INTERESTS​.‍SHAREHOLDERS WILL BE ADVISED OF APPOINTMENT OF VAN DIJK'S SUCCESSOR IN DUE COURSE​.  Full Article

Spur Corporation says ‍Ronel Van Dijk resigned as Financial Director
Monday, 27 Nov 2017 03:00am EST 

Nov 27 (Reuters) - SPUR CORPORATION LTD ::‍RONEL VAN DIJK ON 24 NOVEMBER 2017 HAS TENDERED HER RESIGNATION AS FINANCIAL DIRECTOR, EFFECTIVE FROM 31 MARCH 2018​.- ‍SHAREHOLDERS WILL BE ADVISED OF APPOINTMENT OF MS VAN DIJK'S SUCCESSOR IN DUE COURSE​.  Full Article

Spur Corporation says FY HEPS down 18.4 pct
Thursday, 7 Sep 2017 03:06am EDT 

Sept 7 (Reuters) - Spur Corporation Ltd ::FY ‍PROFIT BEFORE INCOME TAX FROM CONTINUING OPERATIONS DECLINED BY 14.9% TO R210.7 MILLION​.SPUR CORPORATION LTD - FY TOTAL FRANCHISED RESTAURANT SALES FROM CONTINUING OPERATIONS ACROSS LOCAL AND INTERNATIONAL OPERATIONS INCREASED BY 4.2% TO R7.2 BILLION.FY ‍HEADLINE EARNINGS DECLINED BY 18.4% TO R133.9 MILLION​.FY FRANCHISED RESTAURANT SALES IN SOUTH AFRICA GREW BY 4.4% AS DISCRETIONARY SPENDING CAME UNDER INCREASING PRESSURE.‍FY DILUTED HEADLINE EARNINGS PER SHARE FROM CONTINUING OPERATIONS WAS 25.9% LOWER AT 140.8 CENTS​.‍FY TOTAL DIVIDEND HAS BEEN REDUCED BY 5.7% TO 132 CENTS PER SHARE FOR YEAR​.FY INTERNATIONAL RESTAURANT SALES (EXCLUDING UK) INCREASED BY 2.4% IN RAND TERMS AND BY 6.3% ON A CONSTANT EXCHANGE RATE BASIS.PLANS FOR NEW FINANCIAL YEAR INCLUDE OPENING OF A NET 20 RESTAURANTS IN SOUTH AFRICA.DIRECTORS DO NOT EXPECT TRADING CONDITIONS TO IMPROVE IN NEXT 12 TO 18 MONTHS.  Full Article

Spur Corp says franchised restaurant sales in S.Africa up 4.4 pct
Monday, 24 Jul 2017 06:50am EDT 

July 24 (Reuters) - SPUR CORPORATION LTD ::SALES UPDATE FOR YEAR ENDED 30 JUNE 2017.FY FRANCHISED RESTAURANT SALES IN SOUTH AFRICA GREW BY 4.4 PCT.FY SALES FROM INTERNATIONAL RESTAURANTS (EXCLUDING UK) INCREASING BY 2.4 PCT IN RAND TERMS.SALES FROM CONTINUING OPERATIONS UP BY 4.2 PCT TO R7.2 BILLION IN YEAR TO 30 JUNE 2017.FY INTERNATIONAL RESTAURANT SALES (EXCLUDING UK) INCREASED BY 6.3 PCT ON A CONSTANT EXCHANGE RATE BASIS.NET 11 NEW OUTLETS WERE OPENED LOCALLY DURING YEAR AND INTERNATIONALLY, A NET 5 NEW OUTLETS WERE OPENED.SPUR - DOMESTIC TRADING CONDITIONS CONTINUED TO DETERIORATE IN H2, WITH SPUR'S MIDDLE INCOME MARKET BEING PARTICULARLY IMPACTED BY SLOWING ECONOMY- CEO.  Full Article

Spur Corporation sees six-month HEPS up 7 pct - 12 pct
Tuesday, 14 Feb 2017 03:08am EST 

Spur Corporation Ltd : Sees HEPS and diluted HEPS for six months ended Dec. 31 of 109.10 cents - 114.20 cents, up 7 pct -12 pct . Sees six-month HEPS and diluted HEPS - continuing operations of 111.39 cents - 116.11 cents, up 18 pct - 23 pct .Sees comparable HEPS for six months ended Dec. 31 up 2 pct - 7 pct.  Full Article

Spur Corp says total franchised restaurant up c.10 pct for 6 months
Thursday, 26 Jan 2017 05:00am EST 

Spur Corporation Ltd : Sales update for the six months ended 31 December 2016 . Increased total franchised restaurant sales from continuing operations by 10.4 pct to 3.8 billion rand in six months to Dec 2016 . International restaurant sales, excluding UK, increased by 9.3 pct on a constant exchange rate basis. .Franchised restaurant sales in S.Africa grew by 10.2 pct, with sales from international restaurants, excluding UK, increasing by 12.0 pct in rand terms..  Full Article

Grand Parade says no longer to proceed with purchase of additional Spur Corp shares
Friday, 25 Nov 2016 07:00am EST 

Grand Parade Investments Ltd : Update relating to proposed acquisition by GPI of shares in Spur Corporation Limited, withdrawal of cautionary . Proposed transaction will no longer proceed as co have been advised that certain shareholders will not be supporting proposed transaction .GPI remains a committed shareholder of Spur and will continue to seek opportunities to work with spur to further enhance this relationship.  Full Article

BRIEF-Spur ‍Corp Founder And Executive Chairman Ambor To Retire

* ‍FOUNDER AND EXECUTIVE CHAIRMAN ALLEN AMBOR IS TO RETIRE FROM COMPANY AND BOARD WITH EFFECT FROM 1 MARCH 2019​

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