• PREMIER FOOD AND FISHING LISTING A GREAT SUCCESS

    17 March 2017
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  • Vunani SmallTalk Conference

    8 March 2017
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  • Premier Food and Fishing is the first to list on the JSE in 2017

    7 March 2017
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  • Premier Food and Fishing Limited’s historic listing on the JSE

    7 March 2017
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  • Premier Food and Fishing Limited’s historic listing on the JSE

    7 March 2017
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  • PFF Premier Food and Fishing welcomed to the JSE Main Board

    7 March 2017
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    By TINTSWALO BALOYI 3 March 2017

    JOHANNESBURG, (CAJ News) – THE Johannesburg Stock Exchange (JSE) has conducted its first listing of the year after Premier Food and Fishing Limited listed in the listed in the Farming, Fishing and Plantations sector of the Main Board.

    It joins six companies that are listed in the Farming, Fishing and Plantations sector of the JSE, which currently has a market capitalisation of R38,29 billion.

    Premier Food and Fishing owns one of the country’s largest black-owned fishing companies, Premier Fishing SA, which has an impressive 65 year track record.

    Donna Nemer, Director: Capital Markets at the JSE, says the exchange is pleased to welcome the company.

    “We are always looking at ways in which we can grow our offering by expanding the types of companies that we list and this listing will provide our investors with choice, and an opportunity to acquire a stake in the company and grow their investments.”

    Samier Saban, Chief Executive Officer of Premier Food and Fishing, says listing will provide the company with access to capital in order to grow the business both organically and by way of future acquisitions.

    “Being listed on the JSE will further allow us to give both our employees, as well as the members of the communities in which we operate and also the general public, an opportunity to acquire equity in the company and thereby a liquid, tradeable asset within a regulated environment,” says Saban.

    Premier Food and Fishing is a subsidiary of African Equity Empowerment Investments.
    CAJ News

     

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  • Premier Food and Fishing is the first to list on the JSE in 2017

    7 March 2017
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    From left to right Samir Saban CEO of Premier Food and Fishing , Director of Capital Markets JSE Donna Nemer, Reverend Vukile Mehana of Premier Food and Fishing, Nicky Newton-King CEO JSE. Image: Supplied

    Johannesburg – Premier Food and Fishing has become the first company to list on the JSE this year, making its debut under the share code PFF  with a opening share price of R4.90.

    The company listed on the Farming, Fishing and Plantations sector of the JSE’s Main Board.

    Premier Food and Fishing owns one of the country’s largest black-owned fishing companies, Premier Fishing SA, which has a 65 year track record.

    The company, a subsidiary of African Empowerment Equity Investments (AEEI) says its much anticipated listing on the local bourse has been oversubscribed.

    The company last week said a private placement ahead of its initial public offering (IPO) was oversubscribed four times, following a successful two-week road show in anticipation of resuming trading on the JSE next week.

    The company, in existence since 1952, was previously called Sekunjalo Industrial Holdings. It was to privately 117 million shares.

    It is listing to gain access to capital to grow its business organically and through future acquisitions. It also wants to give employees and members of communities in which it operates, as well as the general public an opportunity to acquire an equity stake.

    Donna Nemer, director of Capital Markets at the JSE, says the exchange is pleased to welcome Premier Food and Fishing.

    Read also: Premier Foods oversubscribed

    Premier Food and Fishing joins six companies that are listed in the Farming, Fishing and Plantations sector of the JSE, which currently has a market capitalisation of R38.29 billion.

    CEO Samier Saban, Premier Food CEO, says “listing will provide the company with access to capital in order to grow the business both organically and by way of future acquisitions. Being listed on the JSE will further allow us to give both our employees, as well as the members of the communities in which we operate and also the general public, an opportunity to acquire equity in the company and thereby a liquid, tradeable asset within a regulated environment.”

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  • Khalid Abdulla, CEO of AEEI opens the JSE in celebration of a multi-award winning year

    9 December 2016
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    Cape Town, 07 December 2016 – Celebrating an exceptional year of performance, empowerment and governance awards, Khalid Abdulla, Group CEO of African Equity Empowerment Investments Limited (AEEI), was treated by The Johannesburg Stock Exchange (JSE) to the sound of its mystical Kudu horn, as he officially opened the markets this morning.

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    The blowing of the horn (ringing of the bell) has become somewhat of a tradition, although usually reserved for companies that are being listed on the stock exchange.  However, Abdulla and AEEI were accorded the honour by virtue of the fact that the company has shown consistent financial growth over several years, with a particularly impressive trading period in the past 12 months and recognised by its peers with several top awards and consistent financial performance.

    As testament to its forward thinking approach, its high standards and its ability to deliver results, AEEI was recently recognised by Empowerdex in its annual benchmark of JSE Listed companies as the Most Empowered Company, the Most Empowered Management Control, listed by the Financial Mail as a Top 10 Performer on the JSE for financial performance and was also ranked by IRAS as the Top Performer for the highest SDTI for governance in the Sector: Financial Services – Other.

    Accolades for its proficiency are well deserved.  It has increased its current market cap to almost R2 billion from R500 million over the past three years, posted consistent above market year-on-year growth, with a record 53% increase in operating profit, and its Net Asset Value (NAV) increasing by 21% for the year to end August 2016.  This is made all the more remarkable when considering the tough economic conditions of the times.

    Following its ‘Vision 2020 Vision’ strategy which continues to have a positive impact on the growth progression and operational efficiency of all five divisions of this diversified Investment Company.  Consistent performance, coupled with increased brand awareness and recognition, its acquisitions and the value it unlocks in its operations as well as strategic investments (like Saab Grintek Defence, British Telecommunication Services South Africa (Pty) Ltd Pioneer Foods Group Limited and asset management company, Sygnia Limited) is attracting investor interest and growing confidence. The company has also created significant stakeholder value.

    group photo JSE

    As one of South Africa’s leading and most successful black empowered listed companies, Abdulla and his colleagues put their sustained growth, financial success and expanding influence down to a few simple principles; The ability to embrace differences – whether it is experience, outlook or knowledge – observe and truly listen to what is going on around them, not just in business but on the ground, in

    Communities they come from, and ultimately represent, as well as AEEI’s non-judgemental but open-minded approach to business and putting stakeholders first.

    This perceptive approach is represented in, and delivered on, by AEEI’s holistic ‘Vision 2020 Vision’ strategy. It is underpinned by the holistic professional capabilities of the management team driven and led by Mr Khalid Abdulla and the organisation’s belief in empowering its staff and one of the key reasons why Abdulla has the honour of opening the Johannesburg Stock Exchange.

    Thanking the JSE for awarding AEEI the opportunity, Abdulla said: “This is for each member of the incredible AEEI team (management and staff) who all deserve the recognition and without whom we would not be here today. We are excited about what tomorrow holds.” With that, Abdulla took a deep breath and sounded the future.

    As several other additional acquisitions in the new 2017 financial year have already been announced – Puleng Technologies and the most recent being the stake it has taken in Headset Solutions – the predicted listing of its food and fishing, and technology businesses, it may well be sooner, rather than later, that Abdulla’s horn blowing talent is once more tested.

    The top 4 awards again at the end of release:

    1. Top financial performance
    2. Top empowered company
    3. Top empowered management and management controlled company
    4. Top award for corporate governance

    Should you wish to interview Mr Khalid Abdulla, please contact:

    Feroza Petersen

    Communications and Marketing

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  • AEEI WINS TOP IRAS GOVERNANCE AWARD

    2 December 2016
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    Cape Town, 30 November 2016 – It has been a bumper year of awards for JSE-listed African Equity Empowerment Investments Limited (AEEI), a diversified investment and empowerment company as it receives a 5th performance award for the year at an event held in Sandton on 30 November 2016.

    Cherie and IRAS award (1)

    Today the company was awarded Top in the Sector: Financial Services – Other, with a score of 83.52%. This award is for the Highest Sustainability Data Transparency Index (SDTI) for reporting and governance by Integrated Reporting Assurance Services (IRAS). This is a significant movement upwards for any company.

    AEEI was also awarded 3rd overall out of a total of 311 companies of which 297 are JSE-listed companies and 14 State-owned enterprises.

    Ms Cherie Hendricks, Director of Corporate Affairs and Sustainability at AEEI, responsible for the preparation of the Integrated Reports said, “On behalf of AEEI, I am delighted to be receiving this award. For many years we have worked tirelessly to provide our stakeholders with the information they require in order to make informed decisions. Our Integrated Report in terms of our Sustainability Reporting which includes financial statements which upholds the highest standard of governance.”

    During 2013, AEEI was rated 182nd overall, in 2014, the company was rated 16th overall and Top in the Financial Services sector and during 2015, the company was also ranked 10th overall and 2nd in the Financial Services sector. This is indicative of the general manner in which AEEI has improved its reporting systems.

    AEEI is driven by its core values and strong commitment to social, environmental and economic changes, as well as with a great emphasis on marginalised groups. The company also acknowledges its responsibility to all employees and the public for compliance with environmental standards. It has established policies, identified standards and determined regulatory requirements.

    AEEI’s Chief Executive Officer, Mr Khalid Abdulla said with great delight, “We are honoured to be receiving this award, which confirms that our business model is on a firm holistic and sustainable growth path as we continue to add value for our stakeholders, with a very high standard of financial performances and governance in a testing economic climate.”

    As testament to its forward thinking approach and its ability to deliver, AEEI is committed to building a sustainable business into the future. The Company was recently recognised by Empowerdex in its annual benchmark of JSE Listed companies as the Most Empowered Company, the Most Empowered Management Control, and was also listed by the Financial Mail as a Top 10 Performer on the JSE for financial performance.

    African Equity Empowerment Investments Limited (“AEEI or “The Company” or “The Group”) is a majority black-owned and black-managed investment holding Company based in South Africa.

    The Group has investments in food and fishing, technology, health and biotherapeutics, events and tourism, all supporting Broad-based Black Economic Empowerment (BBBEE) and small, medium and micro- enterprises (SMMEs). The Group also holds strategic investments in British Telecoms South Africa, Saab Grintek Defence, Pioneer Foods and Sygnia Limited, some with international partners.

    Our growth strategy is underpinned by our diverse portfolio and is reflected in our results. This growth strategy has laid a strong foundation for the next phase of the AEEI’s Group’s evolution which is reflected in achievements in terms of Vision 2020 Vision.

    AEEI’s primary market remains in South Africa; however, we continue to expand into the rest of Africa. Outside of South Africa we have a market presence in Asia, America, Africa, Europe, Dubai, United Kingdom, Zambia, Ghana, Uganda, Cameroon, Australia, Zimbabwe, Tanzania, Nigeria, Kenya and Namibia through our subsidiaries.

    Should you wish to set up an interview with Mr Khalid Abdulla or Ms Cherie Hendricks, contact:

    Feroza Petersen | Communications & Marketing manager

    Tel:          + 27 21 427 1400
    Mobile: +27 82 801 3919
    www.aeei.co.za

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  • AEEI’s TECHNOLOGY DIVISION GROWS FURTHER BY ACQUIRING 51% OF HEADSET SOLUTIONS

    25 November 2016
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    Cape Town, 23 November 2016 – Having recently announced the acquisition of a siginificant stake in IT company Puleng Technologies, AEEI continues on its acquisition plan to bolster its Technology division by acquiring 51% equity in Kalula Communications (Pty) Ltd, trading as Headset Solutions (Headsets).

    Based in Somerset West, Headsets is the authorised distributor of premium branded electronic products, namely Plantronics and Konftel. The business focuses on audio communications equipment and software, which support VOIP environments, unified communications, mobile use, gaming and music, servicing both corporate and retailer markets.

    Group Chief Executive Officer of AEEI, Mr Khalid Abdulla says, “AEEI is pleased to welcome Headsets to the Group.  This synergistic acquisition further compliments our already substantial technology offering by increasing our market penetration and client reach and will be instrumental in assisting our technology division to achieve its objectives for substantial growth over the next few years”.

    Mr Tony Brown, the Chief Executive Officer of Headset Solutions, is equally pleased with the deal remarking, “We look forward to the growth opportunities provided by the synergies between Headsets and AEEI. Together we will be able to leverage our relationships to further increase our customer base and drive Headsets to grow into the ‘Unified Communications Market’.”

    The deal is another milestone for AEEI, as Headsets, with an estimated additional R60 million annual revenue to the Group. This will complement and grow AEEI’s technology division with additional capabilities, technical skills across the Group with its plans of innovation and world class support to AEEI’s associates, clients, as well as various multinational companies.

    With these acquisitions, AEEI’s IT division alone is already expecting to double its annual revenue to R450 million for the year ending August 2017 as compared to R215 million for the 2016 financial year end.

    This investment is set to significantly increase the AEEI division’s revenue and profits. AEEI’s IT division has shown strong growth year on year over the past 3-5 years.

    It is anticipated that AEEI’s investment into Headsets will have a pay-back period of 3 to 4 years. This “payback” excludes the anticipated exponential capital appreciation expected from this investment.

    Brown added, “Our partnership with AEEI is exciting because of their excellent market reputation, financial performance and track record, with a great understanding of our business. Being a member allows both Groups to further grow their respective customer base into the African Market where outsourced call centre operations are being established in countries, amongst other, Madagascar and Mauritius, from where they serve a growing number of European and American companies”.

    The AEEI Group will continue its strategic focus to grow the value of its core operational investments and improve the value-add on strategic investments. Management remains focused on the implementation of its ‘Vision 2020 Vision’ strategy and is well on track to achieve its targets. AEEI has indicated that it will, as part of its Vision 2020 Vision strategy, separately list its IT division within the next 3 years.

    Rory Lavelle, Vice President of sales in Europe and Africa for Plantronics, quoted that, “After nearly 3 decades of partnership, the future prospects for Headset Solutions have never looked brighter and we are very excited by the acquisition of our partner, Headsets, by such a progressive and successful Black Economic Empowerment company like AEEI”.

    AEEI reported a sterling set of financial year end results to August 2016 with a 53% increase in operation profit and a 24% increase in NAV, making good on its promise to increase shareholder value and generate sustainable growth and profit margins.

    Abdulla concludes, “We are excited about our fast growing plans to create shareholder value with our diversified technology products and services. This additional deal with Headsets is further testament of our ambition to realise the goals and objectives that we have set out in our Vision 2020 Vision strategy”.

    The purchase consideration for the transaction was concluded partly in issuing shares in AEEI’s subsidiary and technology holding company – this again address to the sentiment that the Headsets shareholders believe in and are committed to this divisions growth and future plans which includes a separate listing. Companies that are expanding their call centres or thinking about implementing unified communications should make contact with Headsets on info@headsetsolutions.co.za  – with over 400 partners in South Africa, Headsets is one of the largest headset distributors on the continent.

    As testament to its future-thinking approach and its ability to deliver, AEEI was recently recognised by Empowerdex in its annual benchmark of JSE Listed companies as the Most Empowered Company, the Most Empowered Management Control, and was also listed by the Financial Mail as a Top 10 Performer on the JSE for financial performance. AEEI is ranked amongst the Top 10 places for the IRAS highest SDTI score for governance as well.

    Notes to editor:

    Earlier in October, AEEI acquired 57 percent of voting rights of Puleng Technologies (Pty) Ltd. Puleng provides clients with a converged infrastructure platform, which allows for the leveraging of a customer’s computer, storage, virtualisation and management teams, which complements the other IT businesses.

    Rory Lavelle Vice President of sales in Europe and Africa for Plantronics Khalid Abdulla Chief Executive Officer for AEEI and Tony Brown Chief Executive Officer for Headset Solutions

    From left to right: Mr Rory Lavelle, Vice President of Plantronics – sales in Europe and Africa, Mr Khalid Abdulla, CEO of AEEI with Mr Tony Brown, CEO of Headset Solutions.

    African Equity Empowerment Investments Limited (“AEEI or “The Company” or “The Group”) is a majority black-owned and black-managed investment holding Company based in South Africa.

    The Group has investments in food and fishing, technology, health and biotherapeutics, events and tourism, all supporting Broad-based Black Economic Empowerment (BBBEE) and small, medium and micro- enterprises (SMMEs). The Group also holds strategic investments in British Telecoms South Africa, Saab Grintek Defence, Pioneer Foods and Sygnia Limited, some with international partners.

    Our growth strategy is underpinned by our diverse portfolio and is reflected in our results. This growth strategy has laid a strong foundation for the next phase of the AEEI’s Group’s evolution which is reflected in achievements in terms of Vision 2020 Vision.

    AEEI’s primary market remains in South Africa; however, we continue to expand into the rest of Africa. Outside of South Africa we have a market presence in Asia, America, Africa, Europe, Dubai, United Kingdom, Zambia, Ghana, Uganda, Cameroon, Australia, Zimbabwe, Tanzania, Nigeria, Kenya and Namibia through our subsidiaries.

    AEEI achievements:

    • 1st overall in the Empowerdex Top 100 Empowered Companies Award of 2016 ;
    • 1st overall in the Empowerdex Top 100 Empowered Management Award of 2016;
    • Ranked as a Top 10 JSE-listed Company in the Financial Mail’s Top 100 Companies for financial performance in 2016 and 2015;
    • Ranked in the Top 5 in 2016 and 10th overall in 2015 in the Sustainability Data Transparency Index by the Integrated Reporting and Assurance Services out of the top 500 JSE-listed companies. In 2014,
    • AEEI received the top award – Sustainability Data Transparency Index’s highest score in the Financial Services sector and was rated 16th overall. In 2013 AEEI was ranked 182 overall;
    • Impumelelo Certificate of Excellence Award – Top Empowered Companies – in recognition of our commitment to transformation for the 2015 year.

    Should you wish to set up an interview with Mr Khalid Abdulla, contact:

    Feroza Petersen | Communications & Marketing manager

    Tel:          + 27 21 427 1400
    Mobile: +27 82 801 3919
    www.aeei.co.za

    More about Kalula Communications:

    HEADSETS SOLUTIONS

    HeadsetSolutionsSpotClogo [Converted] (1)

    Kalula Communications (Pty) Ltd, trading as HEADSETS SOLUTIONS was founded in 1990. Kalula Communications (Pty) Ltd is an authorised importer and distributor of the Plantronics, Aastra and Konftel, product ranges.

    PLANTRONICSPlantronics

    Plantronics designs HEADSETS for a wide range of devices, including phones, laptops, handhelds, entertainment and music devices. Its offerings enhance a variety of applications across numerous markets, including the office, personal mobile, contact center, gaming, entertainment, residential, a wide spectrum of wireless markets and cutting edge VoIP applications.

    KONFTELKonftel

    Konftel is a worldwide leader in the manufacture of audio conferencing equipment and the inventor of audio conference technology. Konftel is the fastest growing brand in Europe, Headquartered in Sweden KONFTEL conference phones are used with IP/SIP, wireless, analogue, and mobile (SIM) and VOIP environments. KONFTEL recently introduced the world’s first and only GSM/3G conference phone for complete flexibility and convenience and also plays an important part of the Nobel Prize Award ceremony each year when the winners are notified of their awards via a Konftel 300 – no matter where they are in the world!

    MITELmitel

    Mitel is a leading company at the forefront of the enterprise communication market around the world. Mitel develops and delivers innovative communications products and applications for businesses such as standalone IP phones optimized for use with Microsoft® Lync™.

    Should you wish to set up an interview with Mr Tony Brown, contact:

    Delicia van Niekerk | PA to Mr Tony Brown, CEO of Headset Solutions
    Telephone: 021 840 2200
    Email:
    delicia@headsetsolutions.co.za
    www.headsetsolutions.co.za

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