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July 04, 2015 7:31 PM ET

Personal Products

Company Overview of Beige Holdings Limited.

Company Overview

Beige Holdings Limited, through its subsidiaries, engages in the contract manufacturing and distribution of cosmetics, soaps, household products, toiletries, laundry soaps and allied bath, and body care products in South Africa and internationally. It operates through two segments, Outsource Manufacturing and Packaging. The company offers homecare products, such as laundry powders and liquids, laundry bars, bleach, dishwashing liquids, oven and kitchen cleaners, household cleaners, disinfectants, and room sprays; and personal care products, including face, hands and nail, body, hair, legs and feet, oral, baby, and ethnic hair care products, as well as bath and shower products, soaps, cosmeti...

Number 5 Brine Road

Chloorkop Ext 1 1624

PO Box 421

Edenvale,  1610

South Africa

315 Employees

Phone:

27 11 976 0900

Fax:

27 11 976 0910

Key Executives for Beige Holdings Limited.

Executive Chairman, Chief Executive Officer, Chairman of Remuneration Committee, Member of Audit Committee, Member of Social & Ethics Committee and Member of Risk Committee
Total Annual Compensation: $1.4M
Financial Director and Director
Total Annual Compensation: $1.0M
Executive Officer
Executive Officer
Compensation as of Fiscal Year 2014.

Beige Holdings Limited. Key Developments

Beige Holdings Limited. Announces Board Resignations

Beige Holdings Limited. announced that Mr, Moses Tembe has notified the board of his resignation as an independent non- executive director of Beige with effect from June 30, 2015. Mr. Tembe's resignation is as a result of his other business commitments and tight schedules within his own group of companies. The Board has accordingly accepted his resignation. Mr. Alisdair Sinclair has notified the board of his resignation as a non-executive director of the company with effect from June 30, 2015 which coincides with his resignation as the Group CEO of The Lion Match Company (Pty) Ltd.

Beige Holdings Limited Reports Consolidated Reviewed Earnings Results for the Six Months Ended December 31, 2014

Beige Holdings Limited reported consolidated reviewed earnings results for the six months ended December 31, 2014. For the period, the company reported revenue of ZAR 278,661,000 against ZAR 273,232,000 a year ago. Operating loss before impairment was ZAR 24,010,000 against ZAR 18,232,000 a year ago. Operating loss was ZAR 33,565,000 against ZAR 18,232,000 a year ago. Loss after net financing costs was ZAR 43,444,000 against ZAR 25,781,000 a year ago. Loss before income tax was ZAR 42,786,000 against ZAR 25,550,000 a year ago. Loss for the period attributable to equity holders of the company was ZAR 47,312,000 against ZAR 18,348,000 a year ago. Headline loss for the period attributable to equity holders of the company was ZAR 37,766,000 against ZAR 18,348,000 a year ago. Diluted loss per share was 3.06 cents against 1.19 cents a year ago. Diluted headline loss per share was 2.45 cents against 1.19 cents a year ago. Net cash used in operating activities was ZAR 20,365,000 against net cash generated from operating activities of ZAR 11,629,000 a year ago.

Beige Holdings Limited Provides Earnings Guidance for the Six Month Period Ended December 31, 2014

Beige Holdings Limited provided earnings guidance for the six month period ended December 31, 2014. For the period, the company's the headline loss per share is expected to reflect a decrease of between 98% (2.36 cents loss per share) and 119% (2.60 cents loss per share) when compared to the headline loss of 1.19 cents per share reported for the six month period ended December 31, 2013; and the loss per share is expected to reflect a decrease of between 104% (2.42 cents loss per share) and 125% (2.68 cents loss per share) when compared to the loss of 1.19 cents per share reported for the six month period ended December 31, 2013.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
March 10, 2015
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