Edition:
United Kingdom

Afrimat Ltd (AFTJ.J)

AFTJ.J on Johannesburg Stock Exchange

3,176.00ZAc
1:05pm BST
Change (% chg)

-164.00 (-4.91%)
Prev Close
3,340.00
Open
3,340.00
Day's High
3,420.00
Day's Low
3,152.00
Volume
65,848
Avg. Vol
56,036
52-wk High
3,478.00
52-wk Low
2,227.00

Latest Key Developments (Source: Significant Developments)

Afrimat Says Due Diligence Ongoing For Co's Indicative Offer For Universal Coal
Friday, 24 May 2019 

May 24 (Reuters) - Afrimat Ltd ::RENEWAL OF CAUTIONARY ANNOUNCEMENT.MADE A NON-BINDING INDICATIVE OFFER TO PURCHASE ENTIRE ISSUED SHARE CAPITAL OF UNIVERSAL COAL PLC.DUE DILIGENCE ONGOING FOR CO'S INDICATIVE OFFER FOR UNIVERSAL COAL.  Full Article

Afrimat Says Made Indicative Offer To Purchase Universal Coal
Monday, 8 Apr 2019 

April 8 (Reuters) - Afrimat Ltd ::CAUTIONARY ANNOUNCEMENT.MADE INDICATIVE OFFER TO PURCHASE SHARE CAPITAL OF UNIVERSAL COAL WITH OPERATIONS IN SOUTH AFRICA, FOR MAX PURCHASE PRICE OF A$0.40 PER SHARE.CURRENTLY CONSIDERING VARIOUS FINANCING ALTERNATIVES IN RESPECT OF ITS UNIVERSAL COAL OFFER.  Full Article

Universal Coal Gets Draft Revised Commitment To Make Conditional Offer From Ata Resources
Monday, 8 Apr 2019 

April 8 (Reuters) - Universal Coal Plc ::RECEIVED A DRAFT REVISED COMMITMENT TO MAKE A CONDITIONAL OFFER FROM ATA RESOURCES ON BEHALF OF CONSORTIUM.INTERIM DIVIDEND OF A$0.02 PER SHARE UNFRANKED HAS BEEN DECLARED.INTERIM DIVIDEND OF A$0.02 PER SHARE UNFRANKED HAS BEEN DECLARED.REVISED OFFER IMPROVES CASH CONSIDERATION PER UNIVERSAL SHARE FROM A$0.35 TO A$0.36.UNIVERSAL COAL SAYS GETS NON BINDING INDICATIVE OFFER FROM AFRIMAT; AFRIMAT PROPOSES TO OFFER CASH CONSIDERATION OF A$0.40 FOR EACH UNIVERSAL SHARE.OFFER INCLUDES OPTION FOR CO SHAREHOLDERS & HOLDERS OF CO'S CDIS TO ELECT FOR DEFERRED CONSIDERATION NOTES, REDEEMABLE AT A$0.43/SHARE.SAYS DIRECTORS HAVE DECIDED TO ENGAGE WITH AFRIMAT ON OFFER, FACILITATE A DUE DILIGENCE PROCESS.SAYS DIRECTORS HAVE DECIDED TO ENGAGE WITH AFRIMAT ON OFFER, FACILITATE A DUE DILIGENCE PROCESS.  Full Article

Afrimat HY HEPS Of 93,6 Cents
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Afrimat Ltd ::HY REVENUE UP 28,6% TO R1,5 BILLION.HY HEADLINE EARNINGS PER SHARE OF 93,6 CENTS.INTERIM DIVIDEND PER SHARE OF 19,0 CENTS.GROUP IS WELL POSITIONED TO CAPITALISE ON ITS STRATEGIC INITIATIVES, FORESEES CONTINUED GROWTH.BULK COMMODITIES SEGMENT CONTRIBUTED POSITIVELY TO RESULTS WHICH OFFSET LOWER PERFORMANCE OF CONSTRUCTION MATERIALS BUSINESSES.  Full Article

Afrimat says ‍HY HEPS up 7.4 pct to 102.2 cents​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Afrimat Ltd ::AFRIMAT LTD - ‍HY HEPS UP 7,4% TO 102,2 CENTS​.AFRIMAT LTD - ‍INTERIM DIVIDEND 20,0 CENTS PER SHARE​.AFRIMAT LTD - ‍HY NAV PER SHARE OF 809 CENTS​.AFRIMAT LTD - HY ‍RETURN ON NET OPERATING ASSETS 22,3%​.AFRIMAT LTD - ‍NET DEBT:EQUITY RATIO INCREASED FROM 24,0 IN AUGUST 2016 TO 42,4 IN CURRENT PERIOD​.  Full Article

Afrimat sees six months HEPS to be up between 5-10 pct
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Afrimat Ltd ::‍SEES SIX MONTHS HEPS TO BE BETWEEN 100 CENTS AND 104.7 CENTS PER SHARE, REFLECTING AN INCREASE OF BETWEEN 5 PCT AND 10 PCT ON PREVIOUS PERIOD​.  Full Article