Archive for November 2019

GMD's trading update for the 39 weeks ended 6th September 2019

22 November 2019 The Group's YTD turnover to September 2019 increased by 154% on last year while units sold were down 23%. The Group has not been spared from the impact of diminishing consumer purchasing power. EBITDA at $52.5 million was 604% up from last year. Inventory: The business is ...

Edgars | Notice to shareholders: Change in ownership of Bellfield Limited

11 November 2019 The Company has received notice from SSCG Africa Holdings Limited that it has recently concluded a transaction in which it has acquired from Edcon Limited 127,138,510 shares (through Bellfield Limited) representing approximately 41,07% of the issued share capital of the Company. By Order of the Board B ...