Close

Not a member yet? Register now and get started.

lock and key

Sign in to your account.

Account Login

Forgot your password?

1999  // Posts published in 1999

4 Jun 1999 SENS Announcements

ANNOUNCEMENT – UNBUNDLING

THE PROPOSED UNBUNDLING BY HCI OF ITS SHAREHOLDINGS IN SOFTLINE LIMITED (“SOFTLINE”) AND UNIBANK INVESTMENT HOLDINGS LIMITED (INCORPORATING FERREIRA FINANCIAL SERVICES) (“UNIFER”) (“COLLECTIVELY THE “UNBUNDLING”) SHAREHOLDERS OF HCI ARE REFERRED TO THE ANNOUNCEMENT, PLACED IN THE PRESS ON 7 MAY 1999, REGARDING THE PROPOSED DISTRIBUTION BY HCI OF ITS EFFECTIVE INTERESTS IN SOFTLINE AND UNIFER. […]

Read more...

1 Jun 1999 General

THE ARTS COMING TO THE JSE

Diagonal Street is currently devoid of artistic listings. Happily, the gap will be filled soon, when specialist finance house, Mettle, lists on the JSE’s main board. “We make our money through financial artistry,” declares managing director Ian Matthews, who stresses that the type of work conducted by his organisation truly defines what is perceived as […]

Read more...

17 May 1999 Historic Investments

CASH OFFER TO HCI FOR THEIR SHAREHOLDING IN SOFTLINE

CASH OFFER TO SHAREHOLDERS OF HOSKEN CONSOLIDATED INVESTMENTS LIMITED (“HCI”) FOR THEIR SHAREHOLDINGS IN SOFTLINE LIMITED (“SOFTLINE” OR “THE COMPANY”) IF YOU ARE A HCI SHAREHOLDER THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY DOUBT AS TO WHAT ACTION TO TAKE, PLEASE CONSULT YOUR STOCKBROKER OR OTHER PROFESSIONAL ADVISER. […]

Read more...

17 May 1999 SENS Announcements

ANNOUNCEMENT – SOFTLINE CONSORTIUM

As was announced on 7 May and 13 May 1999, VESTACOR CORPORATE FINANCE has formed a consortium comprising Ivan Epstein, Steven Cohen , GENBEL SECURITIES and GENSEC ASSET MANAGEMENT and others. The consortium will provide a cash offer to HCI shareholders receiving SOFTLINE shares in terms of the proposed HCI unbundling. CORPORATE ADVISOR :VESTACOR CORPORATE […]

Read more...

8 May 1999 General

PAYBACK TIME FOR HCI SHAREHOLDERS

Johannesburg – Hosken Consolidated Investments (HCI), the empowerment investment company, said yesterday that it would effect the biggest empowerment payback in South African history, culminating in the distribution of R1,5 billion to shareholders. This follows the disposal of Datatec shares for about R650 million last week and the unbundling yesterday of Softline shares for R545 […]

Read more...

HCI WIL 20% BELANG IN SOFTLINE ONTBONDEL

KAAPSTAD. Softline het gister bekend gemaak dat die bemagtigingskonsortium Hosken Consolidated Investments (HCI) sy belang van 20% in Softline gaan ontbondel. Die inligtingsgroep sê HCI beplan om sowat 71 miljoen Softline aandele van sowat R560,9 miljoen, gebaseer op gister se sluitingsprys van 790c, aan sy aandeelhouers te ontbondel. Volgens ‘n verklaring wat deur Softline uitgereik […]

Read more...

7 May 1999 SENS Announcements

CAUTIONARY ANNOUNCEMENT – UNBUNDLING

Shareholders are referred to the cautionaries of 21 and 28 APRIL 1999, regarding the proposed unbundling by HCI of its listed investments, it is proposed that the effective equity interest of HCI in SOFTLINE and UNIBANk be unbundled to HCI shareholders. Shareholders are advised that until such time as shareholder entitlements, financial effects and salient […]

Read more...

7 May 1999 SENS Announcements

PROPOSED UNBUNDLING BY HCI

THE PROPOSED UNBUNDLING BY HCI OF ITS SHAREHOLDINGS IN SOFTLINE LIMITED AND UNIBANK INVESTMENT HOLDINGS LIMITED (INCORPORATING FERREIRA FINANCIAL SERVICES) AND FURTHER CAUTIONARY ANNOUNCEMENT SHAREHOLDERS ARE REFERRED TO THE CAUTIONARY ANNOUNCEMENTS DATED 21 APRIL 1999 AND 28 APRIL 1999, REGARDING THE PROPOSED UNBUNDLING BY HCI OF ITS LISTED INVESTMENTS. METTLE LIMITED IS AUTHORISED TO ANNOUNCE […]

Read more...

29 Apr 1999 Historic Investments

DATATEC IS VERKOOP

Hosken Consolidated Investments het gesê hy het sy belang in Datatec verkoop om skuld af te betaal en verkrygings te kan finansier. Die swartbemagtigingsgroep wou nie bedrae noem nie, maar het gesê die verkoop, wat van 26 April in werking is, sal sy verdienste per aandeel met byna 30% opstoot. Source: Die Burger

Read more...

28 Apr 1999 SENS Announcements

DISPOSAL OF DATATEC

HCI has reached agreement in terms of which it has disposed of its entire shareholding in DATATEC with effect from 26 April 1999. CORPORATE ADVISER: METTLE. SPONSORING BROKERS: MERRILL LYNCH. ATTORNEYS: PRINSLOO, TINDLE & ANDROPOULOS. Source: HCI

Read more...