|
|
|
Fri 10 Oct 2025
Close: 18 574c 
Day's move: -676c (-3.51%)
Volume: 1 171 943
Trades: 5 273
|
|
|
|
ARM - board and board committee changes
Dr Rejoice Vakashile Simelane and Joaquim Alberto Chissano will step down as independent non-executive directors of ARM with effect from the conclusion of the forthcoming annual general meeting of the Company, or any adjournment thereof ("AGM").
The Board will recommend to shareholders in the upcoming notice of AGM that Tshifhiwa Gladys Ramuthaga and Brian Kennedy, who are both independent non-executive directors of the Company, be elected as members of the ARM Audit and Risk Committee, subject to Tshifhiwa Ramuthaga's election as a non-executive director being approved by shareholders at the forthcoming AGM.
The Board will recommend to shareholders in the upcoming notice of AGM that Pitsi Josephine Mnisi be elected as a member and chairman of the ARM Social and Ethics Committee and that Tshifhiwa Ramuthaga also be elected as a member of that committee, subject to Tshifhiwa Ramuthaga's election as a non-executive director being approved by shareholders at the forthcoming AGM.
Changes in the composition of other Board committees
The Board has approved the following appointments to certain Board committees with effect from and including 9 October 2025:
• Pitsi Mnisi as a member of the Nomination Committee and the Remuneration Committee;
• Peter William Steenkamp as a member of the Nomination Committee; and
• Brian Kennedy as a member of the Technical Committee.
|
|
Click here for original article
|
| |
ARM - trading statement
Headline earnings for F2025 are expected to decrease by between 45% and 55% compared to the corresponding financial year ended 30 June 2024 (F2024) to between R2 286 million and R2 794 million (F2024: R5 080 million). Headline earnings per share for F2025 are therefore expected to decrease to between 1 166 and 1 425 cents (F2024: 2 591 cents).
Basic earnings for F2025 are expected to decrease by between 85% and 95% to between R157 million and R472 million (F2024: R3 146 million) while basic earnings per share for F2025 are expected to decrease to between 80 and 241 cents (F2024: 1 604 cents).
The Company's F2025 condensed results will be released on 5 September 2025.
|
|
Click here for original article
|
| |
ARM - acquisition of Surge Copper shares
ARM announced that it has signed a subscription agreement agreeing to purchase 25 781 715 common shares of Surge Copper Corp. at a price of CAD0.175 per Common Share for total consideration of approximately CAD4 511 800.13 pursuant to a non-brokered private placement.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
