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United Kingdom

Distell Group Ltd (DSTJ.J)

DSTJ.J on Johannesburg Stock Exchange

14,501.00ZAc
22 Jan 2018
Change (% chg)

-179.00 (-1.22%)
Prev Close
14,680.00
Open
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14,327.00
Volume
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16,500.00
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Latest Key Developments (Source: Significant Developments)

Distell Group says recorded muted revenue growth in Q1​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Distell Group Ltd :‍DURING FIRST THREE MONTHS OF FY ENDING 30 JUNE 2018, DISTELL RECORDED MUTED REVENUE GROWTH COMPARED TO CORRESPONDING PERIOD IN PREVIOUS FINANCIAL YEAR.​.‍DOMESTIC SOUTH AFRICAN OPERATIONS RECORDED OVERALL REVENUE GROWTH IN Q1​.‍OVERALL PERFORMANCE OF AFRICAN REGION IN Q1 WAS NEGATIVELY IMPACTED BY EFFECTS OF LOW COMMODITY PRICES ON ECONOMIC GROWTH.  Full Article

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

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

Distell Group full-year HEPS rises 12 pct
Wednesday, 31 Aug 2016 

Distell Group Ltd : Summarised audited results of the group for the year ended June 30 2016 and cash dividend declaration . FY group revenue grew by 9.6 pct to 21.5 bln rand . FY sales volumes up 2.8 pct . FY headline earnings -normalised up 11.6 pct -reported up 12.3 pct . Reported headline earnings increased by 12.3 pct to 1.6 bln rand . Headline earnings per share increased by 12.1 pct to 735.3 cents . Annual dividend up 9.5 pct . Outlook for global economic growth remains subdued amid volatile trading conditions in many of our key markets . Capital expenditure for period amounted to 1.04 bln(2015: 768.4 mln) of which 425.7 mln rand was spent on replacement of assets .Directors have resolved to declare a gross cash dividend of 214.0 cents (2015: 188.0 cents) per share for year ended June 30 2016.  Full Article

Distell says SAB's stake disposal will not impact the way co operates
Wednesday, 1 Jun 2016 

Distell Group Ltd : As SABMiller does not have any representation on board of Distell and has never been involved in management of Distell . Disposal will not impact the way Distell operates .Distell will work closely with all parties involved to ensure most appropriate outcome for all its shareholders..  Full Article

Deals of the day-Mergers and acquisitions

Dec 20 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday: