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United Kingdom

Advtech Ltd (ADHJ.J)

ADHJ.J on Johannesburg Stock Exchange

1,580.00ZAc
20 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Advtech says uncovered incidents of fraud​ in schools division
Friday, 1 Dec 2017 

Dec 1 (Reuters) - ADVTECH LTD ::‍AS RESULT OF CHANGES IMPLEMENTED THROUGH RESTRUCTURING OF FINANCE AND ADMINISTRATIVE FUNCTIONS IN SCHOOLS DIVISION, CO HAS UNCOVERED INCIDENTS OF FRAUD​.‍WAS PERPETRATED BY A FINANCIAL MANAGER IN SCHOOLS DIVISION HEAD OFFICE AND TOOK PLACE OVER A PERIOD OF THREE YEARS BEGINNING IN 2015​.‍AMOUNTS WERE NOT EASILY IDENTIFIED AS THEY WERE NOT INDIVIDUALLY SIGNIFICANT​.  Full Article

Advtech H1 revenue up 28 pct
Monday, 22 Aug 2016 

Advtech Ltd : Interim gross dividend of 13.5 cents (2015: 12.5 cents) per ordinary share in respect of half year ended to 30 june 2016 . Group revenue increased by 28 pct while trading operating profit grew by 33 pct indicating continued operating margin improvement. .A decrease in financing costs following rights issue in 2015 and a steady effective taxation rate increased trading profit after taxation by 54 pct to r161 million.  Full Article

ADvTECH sees H1 HEPS up between 40-50 pct
Thursday, 11 Aug 2016 

ADvTECH Ltd : Trading statement . Says headline earnings per share for six months ended June 30 2016 will be between 40 pct and 50 pct higher .Says settlement of a litigation matter disclosed in company's 2015 integrated annual report has contributed to increase.  Full Article

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South Africa's ADvTECH expands schools business into east Africa

JOHANNESBURG South African private education group ADvTECH is buying a majority stake in a business that operates schools in Kenya and Uganda, it said on Tuesday, as part of a stated strategy to expand elsewhere in Africa.

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