Edition:
United Kingdom

Imperial Holdings Ltd (IPLJ.J)

IPLJ.J on Johannesburg Stock Exchange

15,799.00ZAc
15 Nov 2018
Change (% chg)

159.00 (+1.02%)
Prev Close
15,640.00
Open
15,563.00
Day's High
16,056.00
Day's Low
15,398.00
Volume
1,398,494
Avg. Vol
883,284
52-wk High
28,890.00
52-wk Low
15,398.00

Latest Key Developments (Source: Significant Developments)

Imperial Holdings Says Co Sees Growth In HEPS For Imperial Logistics & Motus In FY19
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Imperial Holdings Ltd ::IN EUROPE, CERTAIN SECTORS IN WHICH WE OPERATE REMAIN UNDER PRESSURE, E.G. STEEL.AUSTRALIAN NEW VEHICLE MARKET IS STEADY BUT REMAINS FRAGMENTED YET COMPETITIVE, WHICH PLACES PRESSURE ON MARGINS.AT THIS STAGE EXPECTATIONS FOR IMPERIAL LOGISTICS' AND MOTUS' PERFORMANCE IN F2019 ARE UNCHANGED.SEES A STRONGER SECOND HALF PERFORMANCE FROM IMPERIAL LOGISTICS.SEES GROWTH IN HEPS FOR IMPERIAL LOGISTICS (CONTINUING OPERATIONS) AND MOTUS IN FY 2019.TO COUNTER NEGATIVE IMPACT OF TRADING ENVIRONMENT, CO RATIONALISING STRUCTURES AND REDUCING COSTS IN SOME BUSINESSES.EXPECT THAT IMPERIAL LOGISTICS WILL ACHIEVE REVENUE AND OPERATING PROFIT FOR H1 F2019 IN LINE WITH PRIOR PERIOD AND HEPS GROWTH.MOTUS IS ANTICIPATED TO INCREASE REVENUE AND OPERATING PROFIT IN H1 F2019 WITH GROWTH IN HEPS COMPARED TO PRIOR PERIOD.  Full Article

Motus Holdings To List On JSE
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Motus Holdings: :MOTUS HOLDINGS - JSE GRANTED CO LISTING BY WAY OF INTRODUCTION OF ISSUED SHARES ON MAIN BOARD OF JSE UNDER SHARE CODE "MONTH".MOTUS HOLDINGS - AS AT LISTING DATE, TOTAL AUTHORISED STATED CAPITAL WILL COMPRISE ABOUT 395 MILLION ORDINARY SHARES WITH NO PAR VALUE.  Full Article

Imperial Holdings FY HEPS Up 27 Pct To 1,570 Cents Per Share
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Imperial Holdings Ltd ::FY HEPS UP 27 PCT TO 1 570 CENTS PER SHARE.ANNUAL REVENUE UP 11 PCT TO R128,7 BILLION.FY RETURN ON EQUITY 15,0 PCT (2017: 12,7PCT).FULL-YEAR DIVIDEND UP 9 PCT TO 710 CENTS PER SHARE.ANTICIPATE BOTH IMPERIAL LOGISTICS AND MOTUS WILL DELIVER SOLID OPERATING AND FINANCIAL RESULTS IN FINANCIAL YEAR TO JUNE 2019.FOR FINANCIAL YEAR TO JUNE 2019 SEES GROWTH IN HEADLINE EARNINGS PER SHARE FOR IMPERIAL LOGISTICS AND MOTUS.SEES IMPERIAL LOGISTICS AND MOTUS WILL HAVE APPROPRIATE CAPITAL STRUCTURES FOR 2019.SEES IMPERIAL LOGISTICS AND MOTUS TO RECORD GROWTH IN REVENUES AND OPERATING PROFIT FOR JUNE 2019.SWANEPOEL WILL RETIRE AS CEO IN JUNE 2019 AND WILL REMAIN AS DIRECTOR TO 31 DECEMBER 2019.AKOOJEE WILL SUCCEED SWANEPOEL AS CEO WITH EFFECT FROM 1 JULY 2019.TRADING CONDITIONS IN IMPERIAL'S MARKETS REMAIN MIXED.LATEST FORECASTS INDICATE AN OVERALL DECLINE IN UK VEHICLE MARKET IN CALENDAR 2018.US TARIFFS ON CHINESE PRODUCTS WILL LIKELY DIVERT TRADE FLOWS FROM CHINA TO EUROPE, PARTICULARLY STEEL, WHICH COULD PUSH STEEL PRICES DOWN.ECONOMIC GROWTH, PASSENGER VEHICLE MARKET IN UK DEPRESSED BY UNCERTAINTIES ARISING FROM BREXIT, CONSUMERS SWITCHING FROM DIESEL TO PETROL.  Full Article

Imperial Holdings Says Work On Proposed Unbundling On Track
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Imperial Holdings Ltd ::RENEWAL OF CAUTIONARY ANNOUNCEMENT.WORK ON PROPOSED UNBUNDLING IS ON TRACK.FURTHER DETAILS RELATING TO PROPOSED UNBUNDLING WILL BE RELEASED IN DUE COURSE.  Full Article

Imperial Says Osman Arbee To Step Down As CEO Of Imperial; Will Remain CEO Of MOTUS
Thursday, 21 Jun 2018 

June 21 (Reuters) - Imperial Holdings Ltd ::UNBUNDLING OF IMPERIAL’S AUTOMOTIVE BUSINESS AND SEPARATE LISTING ON THE JSE, AND CAUTIONARY ANNOUNCEMENT.BOARD RESOLVED TO PROCEED WITH STEPS REQUIRED TO IMPLEMENT UNBUNDLING OF IMPERIAL'S AUTOMOTIVE BUSINESS.OSMAN ARBEE WILL RELINQUISH HIS ROLE AS CEO OF IMPERIAL AND WILL REMAIN CEO OF MOTUS.MARIUS SWANEPOEL WILL UNDERTAKE ROLE OF CEO OF IMPERIAL, WHICH WILL BE RENAMED IMPERIAL LOGISTICS.GEORGE DE BEER WILL UNDERTAKE ROLE OF CFO OF IMPERIAL LOGISTICS.OCKERT JANSE VAN RENSBURG WILL REMAIN AS CFO OF MOTUS.SWANEPOEL WILL RETIRE AS CEO OF IMPERIAL IN JUNE 2019 AND WILL REMAIN AS DIRECTOR TO 31 DECEMBER 2019.MOHAMMED AKOOJEE CFO OF IMPERIAL, WILL SUCCEED SWANEPOEL AS CEO OF IMPERIAL WITH EFFECT FROM 1 JULY 2019.  Full Article

Imperial Says Group Chief Executive Mark Lamberti Resigns
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Imperial Holdings Ltd ::ACCEPTED RESIGNATION OF GROUP CHIEF EXECUTIVE MARK LAMBERTI WITH EFFECT FROM 30TH APRIL 2018.CEO RESIGNS AFTER RECENT JUDGMENT IN WHICH HIGH COURT FOUND IN FAVOUR OF AN EX-EMPLOYEE AND AGAINST AMH, IMPERIAL AND LAMBERTI.OSMAN ARBEE, CURRENTLY CHIEF EXECUTIVE OFFICER OF MOTUS DIVISION, HAS BEEN APPOINTED GROUP CHIEF EXECUTIVE OFFICER WITH EFFECT FROM MAY 1.LAMBERTI WAS FOUND TO HAVE IMPAIRED DIGNITY OF EX-EMPLOYEE DURING A CONVERSATION ON 15TH APRIL 2015.  Full Article

AECI to buy Schirm Gmbh
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Aeci Ltd :AECI LTD - ‍AECI MAURITIUS WILL ACQUIRE 100% OF SHARE CAPITAL IN SCHIRM GMBH AND SHAREHOLDER LOAN CLAIMS​.AECI LTD - ‍PURCHASE CONSIDERATION IS EUR 110,5 MILLION AND IS PAYABLE IN CASH​.AECI LTD - ‍SCHIRM GMBH WILL ACQUIRE CONTRACT MANUFACTURING SERVICE BUSINESS OF AND A PROPERTY IN WOLFENBÜTTEL, GERMANY​.‍AECI WILL FUND TRANSACTION UTILISING A FINANCING FACILITY PROVIDED BY STANDARD BANK OF SOUTH AFRICA LIMITED​.AECI LTD - ‍ICL WILL RETAIN CUSTOMER WAREHOUSING, TRANSPORTATION AND DISTRIBUTION SERVICES ON SITES ON WHICH SCHIRM OPERATES​.  Full Article

Imperial acquires UK automotive dealer group Pentagon Motor
Tuesday, 15 Aug 2017 

Aug 15 (Reuters) - Imperial Holdings::ACQUIRES UK AUTOMOTIVE DEALER GROUP PENTAGON MOTOR HOLDINGS LTD.DEAL FOR A CASH CONSIDERATION OF R493 MILLION.‍TRANSACTION IS EFFECTIVE FROM 1 SEPTEMBER 2017​.  Full Article

Imperial Holdings to buy 70 pct stake in Surgipharm for $35 mln
Wednesday, 15 Feb 2017 

Imperial Holdings Ltd :To acquire a 70 pct interest in Surgipharm for a cash consideration of $35 million.  Full Article

UPDATE 1-Workers strike at Heineken South Africa, firm says operations unaffected

JOHANNESBURG, Oct 9 Heineken South Africa said on Tuesday workers contracted to a company that provides it with logistics services were on strike at its Sedibeng Brewery but the work stoppage had caused minimal disruptions.