NQ Jewellery is a South African custom jewellery company that was formed by Nqobile Nkosi, a Jewellery Designer from Soweto, in 2007. The company has won several awards through Nqobile’s creativity including, the Gauteng Business Leader Award, the Jet Community Awards – Vuka Uzenzele, a SAB Kickstart Award and the hope fund by euro news.
The Dreamfields Project uses the power of football in South Africa to leverage significant investment in soccer facilities and equipment for township and rural schools. In addition, Dreamfields distributes Dream Bags to schools in previously disadvantaged areas across the country. A Dream Bag consists of a full kit for 15 players including boots and shin pads, as well as balls, pumps, a kit for the coach and whistles.
Dreamfields also builds fields in underprivileged areas. In 2013 UNITe provided financial assistance to help build a “Dreampitch” for the community residing in Factreton in the Western Cape.
In 2014 UNITe joined forces with Dreamfields again, teaming up with Sabi Sabi to reconstruct the Lilydale soccer and netball fields. Situated near the Kruger National Park and approximately 20 km from Hazyview, the Lilydale community is a poor rural community. This intervention by UNITe and other partners has assisted in establishing goodwill in the community.
For the last two years UNITe has been the charity partner of e.tv’s Charity Showdown football tournament. All the proceeds of this tournament are donated to The Lunchbox Fund. The remarkable results of this relationship have developed into a more focused long-term strategy. eMedia’s strategic direction on education and the Lunchbox Fund’s vision of feeding hungry schoolchildren provides the ideal partnership for both organisations.
The Lunchbox Fund fosters education via nutrition. The organisation provides a daily meal for orphaned and vulnerable schoolchildren in townships and rural areas. This encourages children to stay in school and obtain their education. The vision is for children to attend school and receive an education without the distraction of food scarcity and malnutrition.
Sabido Properties is the property investment company of the Group. These assets are predominantly occupied by companies within the eMedia Holdings group of companies.
As a facilities company, Sasani Studios offer television and film studio hire, live broadcast facilities, HD and standard definition post-production facilities and production office rental. The company services all major television broadcasters in the country, housing the production of some of the country’s more popular soaps – Rhythm City (e.tv), Scandal! (e.tv), 7de Laan (SABC 2) and Isidingo (SABC 3).
Silverline 360 is a group of companies which bring world-class film, commercial and broadcast services to clients in South Africa and other parts of Africa. This includes equipment rental, post production, professional film equipment sales, extensive creative services and financing options.
e.tv is South Africa’s first and only private commercial free-to-air television channel. Launched in 1998, it broadcasts to over 80% of the South African population. The channel has established itself as a strong independent entertainment and current affairs television channel. The channel has consistently exceeded its local production licence obligations of 45%. e.tv has also become well known for its range of international content. Realising that South African audiences want to enjoy the best blockbusters, the channel often fills certain prime time slots with Hollywood films.
eSat.tv (branded eNCA) supplies television, mobile and online news to various channels in South Africa, including the 24-hour eNCA channel, currently available on DStv. The company provides live news bulletins to viewers each night on e.tv in English, on eKasi+ in Zulu (available on OpenView HD) and on kykNET through eNuus in Afrikaans (available on DStv).
Platco Digital is a free DTH satellite television platform company. Their main objective is to provide multi-channel carriage to broadcasters in South Africa. They offer the opportunity to broadcast both standard and high definition television channels. Through their OpenView HD platform, launched in October 2013, Platco offers 100% signal coverage across sub-Saharan Africa, meaning that all South Africans can access free, quality television.
Open News is a South African news channel that gives viewers up-to-date news based on the day’s top trending stories. Driven by social media, the anchors weigh in on the issues, sharing their opinions on topical issues. The channel is available exclusively on the Openview platform and through a mobile app.
YFM is the Group’s only radio asset. The station broadcasts on FM 99.2 frequency in the Gauteng region, in accordance with the terms and conditions imposed by its licence, and it is predominantly skewed towards a youth audience.
In terms of section 3.4 (b) of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the period to be reported upon next (“the Reporting Period”) will be more than 20% different than that of the previous corresponding period.
Shareholders are hereby advised that a reasonable degree of certainty exists that for the six months ended 30 September 2015, the Company will report basic earnings per share of between 1.92 cents and 1.72 cents, being an increase of between 35% and 21% respectively, and headline earnings per share of between 1.89 cents and 1.59 cents, being an increase of between 42% and 20% respectively, as opposed to basic earnings per share of 1.42 cents and headline earnings per share of 1.33 cents for the previous corresponding period.
The increase in basic earnings per share and headline earnings per share is mainly due to the favourable revaluation of the share based payment liability on the swap transaction in respect of the Company increasing its stake in Sabido Investments (Pty) Ltd to 67.7%. The realization of the share based payment liability is due to options being exercised or cancelled.
The above information has not been reviewed or reported on by the Company’s auditors. The Company’s results are expected to be published on or about 18 November 2015.