Page 7 - Stellar IAR2015
P. 7
JANUARY 2015 APRIL 2015 JUNE 2015JULY 2015 SEPTEMBER 2015 OCTOBER 2015 OCTOBER 2015OCTOBER 2015 NOVEMBER 2015 NOVEMBER 2015NOVEMBER 2015Shareholder approval of restructuring and conversion to an investment holding company Acquisition of 16.45% of CadizO er to acquire minorities in Cadiz and delist the company. Once completed Stellar Capital’s stake increased to 45.99%Announcement of acquisition of 34.62% of Torre Industries Shareholder approval of Cadiz delistingShareholder approval of Torre Industries acquisitionR1 billion underwritten capital raise announced, completed by way of:- R400 million underwritten rights issue; and- R600 million underwritten convertible preference share issueDisposal of investment in Digicore Completion of R1 billion capital raiseAnnouncement of the acquisition of additional stake in Tellumat to increase total holding to 93.14%; and Announcement of the acquisition of an additional stake in Cadiz to increase total holdingto 85.03%Disposal of investment in Goliath Gold MiningSIGNIFICANT MILESTONES IN CONVERTING TO AN INVESTMENT HOLDING COMPANY2014SEPTEMBER 2014Detailed restructuring terms announcement, incorporating:- The transfer of the company’s listing to the “investment companies” sub-sector of the JSE;- The disposal of the remaining operating entities within the Group and acquisition of 30% of Tellumat;- The acquisition of 19.26% of Digicore;- The acquisition of an additional 30.32% of Mine Restoration Investments;- The acquisition of an additional 21.77% of Goliath Gold Mining;- A R150 million capital raise;- Change of name to Stellar Capital Partners; and- An increase in the authorised share capital2015STELLAR CAPITAL PARTNERS | 032016JANUARY 2016 FEBRUARY 2016Acquisition of further 12.18% stake in Cadiz to increase to a total holding of 97.21% of total shares in issue (99.99% net of treasury shares)Acquisition of further 6.86% of Tellumat such that it becomes a wholly-owned investment of Stellar Capital


































































































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