Technology group Pinnacle Holdings has made an offer to buy out minority shareholders in Datacentrix and, if successful, plans to delist the IT services company from the JSE. Pinnacle told shareholders in a notice published on the JSE’s
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Pinnacle Holdings’ share price plunged by 17,4% on Monday after it warned shareholders that it has been drawn into a case involving corruption charges against a top South African National Defence Force official. “Pinnacle shareholders
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
Technology group Pinnacle Holdings has announced a management shake-up that will see Pierre Spies elevated to the position of joint CEO from 1 January 2016, alongside Arnold Fourie, with Fourie to step down in the middle of next year to become
Pinnacle Holdings has made a mandatory offer to buy the shares in IT services business Datacentrix that it doesn’t already own. The offer was triggered after Pinnacle acquired 20m Datacentrix
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and
Datacentrix has increased headline earnings per share by 14%, to 27,7c, in the six months ended 31 August 2015. The improvement comes on the back of an 11,3% improvement in revenue to R1,2bn
Technology group Pinnacle Holdings will focus on bedding down its African expansion and focusing on company operations as a strategy to rebuild shareholder confidence. Pinnacle CEO Arnold Fourie says
Pierre Spies has been named as deputy CEO at technology group Pinnacle Holdings and is set to take the reins when the current CEO, Arnold Fourie, steps down. After a torrid year for the group, which included an investigation
If you’d invested R40 000 in the shares of Durban-based technology company Adapt IT five years ago, you’d be a millionaire today. Adapt IT’s shares have risen by a spectacular 2 400% in the past five years, making it the best performing technology counter on the JSE