Shareholders are advised that all resolutions put to the vote at the Annual General Meeting held on Thursday, 27 September 2018 were carried with the requisite majorities.
Corporate Announcements
Oct 04, 2018 AFDS.zw | Notice of Annual General Meeting
Notice is hereby given that the sixty-eighth Annual General Meeting of the Company will be held in the boardroom at the Head Office, St. Marnock's, Lomagundi Road, Stapleford, Harare, Zimbabwe at 1130 hours on Friday 09 November 2018.
Oct 04, 2018 SEED.zw | Increase in shares in issue
Details:
- Shares before : 242 517 440
- Shares added : 39 000
- New shares in issue : 242 556 440
- Effective date : 4 October 2018
- Reason : Share Option Scheme
Sep 28, 2018 OMU.zw | Nedbank Unbundling Announcement
The Board of Directors of Old Mutual Limited announced that Old Mutual will unbundle the majority of its shareholding in the issued share capital of Nedbank Group Limited ("Nedbank") on Monday 15 October 2018 to ordinary shareholders of Old Mutual.
Each shareholder will receive Nedbank shares (which are listed on Johannesburg Stock Exchange and Namibian Stock Exchange) in the ratio 3.21176 Nedbank shares for every 100 Old Mutual share.
Sep 28, 2018 ECO.zw | Further Cautionary Statement
Further to the cautionary statement issued by the Company on 17 September 2018, the Directors of the Company wish to advise shareholders, debenture holders, and members of the investing public that the Board of Directors is considering the following transactions which are all subject to regulatory and shareholder approvals:
1. The demerger from the mobile network operations business, and the separate listing on the Zimbabwe Stock Exchange, of the Company’s financial technology business. The Company’s financial technology business includes Ecocash and other related businesses;
2.The exchange of the Company’s 51% stake in Liquid Telecom Zimbabwe for a stake of equivalent value in the holding company, Liquid Telecom Holdings, in advance of the anticipated listing of Liquid Telecom Holdings on a reputable international exchange, and
3. The conversion to equity of debentures that were issued as part of the Company’s Rights Offer in March 2017.
Accordingly, Shareholders, debenture holders and members of the investing public are advised to continue to exercise caution and consult their professional advisors before dealing in the Company’s shares until the full details of the transaction(s) are announced or upon withdrawal of this cautionary.
Sep 28, 2018 TRUW.zw | Audited Financial Results FY18
Financial Highlights:
- Revenue $ 16 265 552
- Gross profit $ 6 850 272
- Operating profit $ 2 026 119
- Profit before tax $ 1 114 891
- Profit for the period $ 806 916
- Dividend Nil
- Total comprehensive income for the period $ 806 916
- Basic earnings per share 0.21 US cents
- Headline earnings per share 0.21 US cents
- Diluted earnings per share 0.21 US cents
Sep 28, 2018 HCCL.zw | Unaudited Financial Results HY18
Financial Highlights:
- Revenue $ 30 538 196
- Gross loss $ (143 919)
- Operating loss $ (14 853 659)
- Loss before tax $ (23 001 395)
- Loss for the period $ (23 001 395)
- Dividend Nil
- Total comprehensive loss for the period $ (23 001 395)
- Basic loss per share (0.13) US cents
- Diluted loss per share (0.13) US cents
Sep 28, 2018 GBZW.zw | Dividend Announcement
Details:
- Date Announced :Friday, 28 September 2018
- Dividend declared for the period :30 June 2018
- Dividend Amount per share :$ 0.00038
- Dividend Record Date :19 October 2018
- Last day to trade cum-dividend :16 October 2018
- Dividend ex-date :17 October 2018
- Dividend Status :Declared
- Dividend Payment Date :31 October 2018
- Tax Status :Gross
- Withholding tax :10%
- Scrip Dividend Offer :Nil
- Scrip Dividend Offer Term :None
Sep 28, 2018 GBZW.zw | Audited Financial Results FY18
Financial Highlights:
- Net interest income $ 8 326 387
- Total net income $ 12 383 581
- Profit before taxation $ 6 070 129
- Profit for the year $ 4 548 675
- Dividend per share $ 0.00038
- Total comprehensive income for the year $ 4 548 675
- Earnings per share 0.42 US cents
- Diluted earnings per share 0.42 US cents
Sep 28, 2018 ZPI.zw | Unaudited Financial Results HY18
Financial Highlights:
- Revenue $ 1 506 703
- Loss before income tax $ (168 944)
- Loss for the period $ (197 397)
- Dividend Nil
- Total comprehensive loss for the period $ (197 397)
- Basic and diluted loss per share (0.01) US cents
Sep 28, 2018 ZIMP.zw | Unaudited Financial Results HY18
Financial Highlights:
- Revenue $ 20 182 742
- Gross profit $ 12 975 449
- Profit before tax $ 2 141 067
- Profit after tax $ 1 554 863
- Dividend Nil
- Total comprehensive income for the period $ 1 554 863
- Basic earnings per share 0.27 US cents
- Diluted earnings per share 0.27 US cents
- Headline earnings per share 0.27 US cents
Sep 28, 2018 UNIF.zw | Unaudited Financial Results HY18
Financial Highlights:
- Revenue $ 13 086 000
- Profit before taxation from continuing operations $ 528 000
- Profit for the half year $ 528 000
- Dividend Nil
- Total comprehensive income net of tax $ 528 000
- Basic earnings per share 0.50 US cents
- Diluted earnings per share 0.50 US cents
Sep 28, 2018 MEIK.zw | Audited Financial Results FY18
Financial Highlights:
- Revenue $ 534 930 000
- Operating profit $ 26 733 000
- Profit before tax $ 19 226 000
- Profit for the period $ 8 194 000
- Dividend Nil
- Total comprehensive income for the year $ 8 241 000
- Headline earnings per share 0.08 US cents
- Diluted headline earnings per share 0.08 US cents
Sep 28, 2018 MMDZ.zw | Unaudited Financial Results HY18
Financial Highlights:
- Turnover $ 6 024 480
- Gross profit $ 3 402 051
- Operating profit $ 2 004 752
- Profit before taxation $ 952 771
- Profit after taxation $ 689 482
- Dividend Nil
- Total comprehensive income $ 689 482
- Earnings per share 0.010 US cents
- Headline earnings per share 0.010 US cents
Sep 28, 2018 LACZ.zw | Unaudited Financial Results HY18
Financial Highlights:
- Revenue $ 32 544 432
- Profit before finance cost and tax $ 1 116 495
- Profit before tax $ 943 933
- Loss for the period $ (1 774 392)
- Dividend Nil
- Total comprehensive loss for the period $ (1 774 392)
- Basic and Diluted loss per share $ (0.022)
Sep 27, 2018 FIDL.zw | Unaudited Financial Results HY18
Financial Highlights:
- Total revenue $ 25 763 219
- Profit before tax $ 3 698 451
- Profit for the period $ 2 262 468
- Dividend Nil
- Total comprehensive income for the period $ 2 261 963
- Basic earnings per share 2.10 US cents
- Diluted earnings per share 2.10 US cents
Sep 27, 2018 GBH.zw | Unaudited Financial Results HY18
Financial Highlights:
- Revenue $ 2 519 035
- Gross profit $ 687 989
- Operating loss $ (86 403)
- Loss before tax $ (186 652)
- Loss after tax $ (161 485)
- Total comprehensive loss for the period $ (161 485)
- Basic loss per share (0.0003) US cents
- Diluted loss per share (0.0003) US cents
Sep 27, 2018 INN.zw | Audited Financial Results FY18
Financial Highlights:
- Revenue $ 631 282 790
- Profit before interest and tax $ 57 886 383
- Profit before tax $ 62 871 535
- Profit for the year from continuing operations $ 48 715 969
- Dividend per share 1.23 US cents
- Total comprehensive income for the year $ 48 698 491
- Basic earnings per share - continuing and discontinued operations 5.99 US cents
- Headline earnings per share - continuing and discontinued operations 6.09 US cents
- Diluted basic earnings per share - continuing and discontinued operations 5.99 US cents
- Diluted headline earnings per share - continuing and discontinued operations 6.09 US cents
Sep 27, 2018 INN.zw | Dividend Announcement
Details:
- Date Announced :Thursday, 27 September 2018
- Dividend declared for the period :30 June 2018
- Dividend Amount per share :1.23 US cents
- Dividend Record Date :19 October 2018
- Last day to trade cum-dividend :16 October 2018
- Dividend ex-date :17 October 2018
- Dividend Status :Declared
- Dividend Payment Date :2 November 2018
- Tax Status :Gross
- Withholding tax :10%
- Scrip Dividend Offer :Nil
- Scrip Dividend Offer Term :None