Category: SENS

Shareholders are advised that at the annual general meeting of shareholders held on Monday, 23 March 2020 (in terms of the notice dispatched on Friday, 28 February 2020) all the resolutions tabled thereat were passed by the requisite majority of shareholders. Click here for original article

Following the President’s address on Sunday, 15 March 2020 wherein a national state of disaster was declared, and in accordance with our social responsibility to protect fellow South Africans and stem the outbreak of the Covid-19 virus, the board of directors of CIG has decided to adopt a more conservative approach to the hosting of […]

TRP121: Notification of an acquisition of beneficial interest in securities: TRP121: Notification of an acquisition of beneficial interest in securities CONSOLIDATED INFRASTRUCTURE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/004935/06) JSE share code: CIL ISIN: ZAE000153888 (“CIG” or “the Company”) TRP121: NOTIFICATION OF AN ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES In […]

CIG previously announced that it was engaging with its lenders, being certain of the bond holders of the previously listed CIG ZAR1,000,000,000 domestic medium term note programme (“DMTN bond programme”) and the local bank lenders to its subsidiary Consolidated Power Projects Proprietary Limited (“Conco”), to restructure its short-term debt profile into a longer, more sustainable, […]

The group changed its year-end from August to December. The results therefore relate to a four-month trading period ended 31 December 2019 and there are no comparatives. Revenue was R955.4 million, gross loss came to R212.4 million, loss for the year attributable to equity shareholders came to R282 million. Headline loss per share was recorded […]

The Group previously announced on 2 December 2019 that it would change its financial year-end from August to December, effective for the period ending 31 December 2019. This trading statement therefore relates to a four month trading period ended 31 December 2019, with the comparative period, being the 12-month trading period ended 31 August 2019. […]

Shareholders are advised that the Company’s audited annual financial statements for the year ended 31 August 2019 (“August 2019 AFS”) have been distributed to shareholders today and is available on the Company’s website at: https://www.ciglimited.com/annual-results/. The August 2019 AFS contains no changes from the reviewed condensed consolidated annual group results for the year ended 31 […]

Shareholders are advised that on 3 December 2019 (the “Signature Date”), Drift Supersand (Pty) Ltd. (“Drift Supersand”), a wholly-owned subsidiary of CIG (the “Purchaser”), entered into various agreements with Wearne Aggregates (Pty) Ltd., a wholly-owned subsidiary of WG Wearne Ltd. (the “Seller”) to acquire: – the Wearne Muldersdrift Business, comprising the aggregates business conducted by […]

Revenue for the period increased to R3.2 billion (R3.1 billion) whilst gross loss widened to R945.6 million (loss of R749.7 million). Operating loss narrowed to R989.7 million (loss of R1.2 billion). Loss attributable to equity holders came to R1.3 billion (loss of R1.7 billion). Furthermore, headline loss per share came to 3.66cps (loss of 6.12cps). […]

Shareholders are advised that for the year ended 31 August 2019 (“F2019”), the Group expects to report: – Loss per share (“LPS”) of between 370 cents per share and 440 cents per share, being an improvement of between 57.3% and 64.1% compared to the year ended 31 August 2018 (“the prior comparable reporting period” of […]