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Investor Relations
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IMPORTANT NOTICE – PLEASE READ: THE MATERIALS ON THIS PAGE HAVE BEEN PREPARED IN ACCORDANCE WITH, AND AS REQUIRED BY, THE LAWS OF THE REPUBLIC OF SOUTH AFRICA. THE MATERIALS MAY NOT BE ACCESSED FROM, AND MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH IT IS UNLAWFUL TO DO SO. TO GAIN ACCESS TO THESE DOCUMENTS, YOU HAVE REPRESENTED, WARRANTED AND AGREED THAT YOU ARE NOT A RESIDENT OF OR LOCATED IN THE UNITED STATES OF AMERICA AND THAT YOU WILL NOT DISTRIBUTE, FORWARD, TRANSMIT OR OTHERWISE SEND (DIRECTLY OR INDIRECTLY) ANY INFORMATION CONTAINED IN THIS WEBSITE TO ANY PERSON IN THE UNITED STATES OF AMERICA.
Scheme of Arrangement
The securities referred to in the materials located on this page have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "US Securities Act"), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction in the United States. There will be no public offering of the securities in the United States.
Financial Reports
Integrated annual reports and results
SENS announcements
Company circulars and announcements
SENS Content:
Shareholders' diary and dividends
Investor related dates
Event
Financial Year End
Date
28 February 2021
Event
Annual Results
Date
TBA
Event
Notice of AGM
Date
TBA
Event
AGM
Date
TBA
Event
Interim Results
Date
14 October 2020
Event
Interim Dividend Payment
Date
30 November 2020
Event
Final Dividend Payment
Date
TBA
Financial overview
Company performance at a glance
Year
Subscribers
Revenue *
Subscription Revenue *
EBITDA *
EPS **
2020
1,126,515
1,942,000
1,888,000
969,000
148
2019
960,798
1,693,000
1,521,000
761,000
116
2018
751,380
1,324,000
1,166,000
652,000
100
2017
600,610
1,140,000
979,000
523,000
85
2016
502,894
1,005,000
842,000
463,000
81
Investor contacts
For all investor related queries please email: investorrelations@cartrack.com
Board of Directors
ISAIAS JOSE CALISTO (ZAK)
GLOBAL CEO AND FOUNDER
Zak is the founder of Cartrack and global CEO. Zak has an impressive entrepreneurial history with over 24 years’ of experience in the telematics industry. Having founded and operated a number of businesses, Zak has a wide range of technical and operational knowledge relating to business models and information technology.
MORNÉ GRUNDLINGH
CFO
Morné is a qualified Chartered Accountant and a member of the South African Institute of Chartered Accountants (SAICA) and the Institute of Chartered Accountants in England and Wales (ICAEW). He holds a BComm (Hons) degree from the University of Johannesburg and a M.Sc. (Accounting and Finance) from Birmingham City University. After finishing his training in 2000 at Deloitte, Morné worked at Blackrock and Barclays in the London and Singapore offices. Morné initially joined Cartrack in February 2017 as CFO for the Asia Pacific region.
DAVID BROWN
INDEPENDENT NON-EXECUTIVE CHAIRMAN
David holds a BComm degree from the University of South Africa and an MBA from the University of Cape Town. In addition, he attended the Management Development Programme at the School of Business Leadership, and the Advanced Management Programme at Harvard Business School in the USA. He spent 30 years with the Standard Bank Group, where he held various senior positions, including managing director of Stanbic Bank Botswana, managing director of Stanbic Bank Zambia, managing director of Stannic Asset Finance and managing director of Standard Bank’s Commercial Banking division.
THEBE IKALAFENG
INDEPENDENT NON-EXECUTIVE DIRECTOR
Thebe holds BSc (Business Administration) and MBA degrees from Marquette University in the USA and has completed executive development courses in finance at Wits and Harvard Business School. A chartered marketer (CM(SA)), he has held various marketing positions in the USA and Africa. He is the founder and managing director of Brand Leadership Group, deputy chairman of South African Tourism and non-executive director of Mercantile Bank and WWF South Africa.
KIM WHITE
INDEPENDENT NON-EXECUTIVE DIRECTOR
Kim is a qualified Chartered Accountant and Registered Auditor. Kim has over 15 years of experience in the accounting and auditing sector servicing a wide variety of industries. She holds a postgraduate certificate in advanced taxation and a postgraduate certificate in international taxation, as well as being a certified financial planner and a master tax practitioner (SA). Kim is a registered member of SAICA, a member of the South African Institute of Tax Professionals and is registered with the Regulatory Board of Auditors (IRBA).
SHARODA RAPETI
INDEPENDENT NON-EXECUTIVE DIRECTOR
Sharoda has a National Higher Diploma: Electronic Engineering, a Masters in Business Administration and over 30 years strategic and operational experience in the Telecommunications-, Media- and Technology Industries. She was a director at Deloitte Africa where she established the TMT advisory services practice for Deloitte Africa. She was also the Smart Cities Leader and Digital Payments Leader for Deloitte Africa.
Sharoda has extensive non-executive director experience in the Built Environment and in banking where she served as South Africa’s first female Vice President of the Engineering Council of South Africa and as non-executive director on the board of Mercantile Bank.
ANNAMÈ DE VILLIERS
COMPANY SECRETARY
Annamè holds a BProc and a LLB degree as well as a postgraduate diploma in corporate law. She is an admitted attorney in South Africa and specialises in regulatory compliance and corporate governance with specific emphasis on the application of the Companies Act, JSE Rules and Listings Requirements and related global best practices. She has held various positions in the financial services industry including acting as company secretary for two JSE-listed entities.
Corporate Governance
The Board is committed to good governance and endorses the principles of the King Code in both letter and spirit to ensure consistent practices throughout the Group, providing effective leadership that displays integrity, competence, responsibility, accountability, fairness and transparency in directing the business of the Company to create and maintain value. During this financial year the Board focused on the application of the King IV principles and is satisfied that these have been substantially applied. There will be continued focus on identifying and addressing any shortcomings in FY19. An overview of the steps taken by the Company to comply with the King Code.
GOVERNANCE STRUCTURES
The Group has a unitary Board structure comprising a majority of independent non-executive directors (including the Chairman). There are 5 directors in total, 3 of whom are non-executive, and 2 full-time salaried executive directors. The Board’s diversity policy was adopted during the prior reporting period and is reviewed annually. The size of the Board is appropriate given the nature and size of the business and the Board therefore has not set targets in relation to gender and ethnicity – this approach will be reviewed next year in accordance with the principles of the King Code. The roles of the Chairman and the Chief Executive Officer are separate and clearly defined. This division of responsibilities ensures a balance of authority and power. The range of skills, experience and backgrounds currently represented on the Board ensure robust decision-making processes and diversity of viewpoints, enhancing the effective governance of the Group with no individual director having unrestricted decision-making authority. A number of Board Committees assist the Board in fulfilling its mandate, and the roles and responsibilities of the respective committees are set out in their formal terms of reference. The terms of reference of the Board and the respective committees are reviewed annually to ensure that they remain relevant and are available on the Company’s website.
INTERNAL CONTROL SYSTEMS
While the Board has delegated its responsibility for risk management to the Audit and Risk Committee, the Board remains ultimately responsible for the governance of risk. The risk management framework defines Cartrack’s risk 45 management philosophy and encourages a risk-conscious business culture through agreed internal controls and commitment to mitigating actions.
Cartrack’s risk management framework implements a bottomup and top-down approach and has been reviewed to specifically consider t
PAIA
MANUAL IN ACCORDANCE WITH THE PROMOTION OF ACCESS TO INFORMATION ACT (“PAIA”)
The purpose of this manual is to facilitate requests for access to information of Cartrack in accordance with the PAIA. The complete manual may be downloaded and contains the procedure for requesting access to information as well as the required forms and relevant applicable fees.
Company Contact Details
Designated Information Officer: Anname de Villiers
E-mail address: anname.devilliers@cartrack.com
Registered Address: 11 Keyes Avenue, Rosebank, 2196
Postal Address: P O Box 4709, Rivonia, 2128
Telephone Number: (+27 11) 250 3000
Fax Number: (+27 11) 250 3001
Payments should be made to: Cartrack Holdings Limited
King IV Register
King IV Register – Download PDF
Terms of Reference
Board of Directors – Download PDF
Audit & Risk Committee – Download PDF
Remuneration & Nominations Committee – Download PDF
Social and Ethics Committee – Download PDF
Policies
Complaints Policy – Download PDF
Cartrack Code of Ethics & Gifts Register – Download PDF
Whistleblowing Policy – Download PDF
Risk Management Policy – Download PDF
Cartrack Media & Public Relations Policy – Download PDF
Board Diversity Policy – Download PDF
Data Protection Policy – Download PDF
REGULATORY NOTICE – PLEASE READ
Viewing the materials you are seeking to access in jurisdictions other than South Africa may be prohibited or restricted by applicable law and regulation. Any persons resident, located or seeking access from outside South Africa who wish to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so.
THE MATERIALS CONTAINED HEREIN MAY NOT BE ACCESSED FROM, AND ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH IT IS UNLAWFUL TO DO SO.
This website and the information and materials contained herein do not constitute or form a part of any offer to sell or a solicitation of an offer to purchase or subscribe for securities in the United States. In particular, the securities referred to herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "US Securities Act"), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction in the United States. There will be no public offering of the securities in the United States.
By selecting "Agree" below, you represent, warrant and agree that: (1) you have read and understood the information set out above; (2) you agree to be bound by its terms; (3) you are not a resident of or located in the United States of America and you will not distribute, forward, transmit or otherwise send (directly or indirectly) any information contained in this website to any person in the United States of America; and (4) you are permitted under applicable laws and regulations to receive the information contained in the pages that follow.
If you disagree with the above, are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage and contact investorrelations@cartrack.com
IMPORTANT NOTICE – PLEASE READ:
THE MATERIALS ON THIS PAGE HAVE BEEN PREPARED IN ACCORDANCE WITH, AND AS REQUIRED BY, THE LAWS OF THE REPUBLIC OF SOUTH AFRICA.
THE MATERIALS MAY NOT BE ACCESSED FROM, AND MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH IT IS UNLAWFUL TO DO SO.
TO GAIN ACCESS TO THESE DOCUMENTS, YOU HAVE REPRESENTED, WARRANTED AND AGREED THAT YOU ARE NOT A RESIDENT OF OR LOCATED IN THE UNITED STATES OF AMERICA AND THAT YOU WILL NOT DISTRIBUTE, FORWARD, TRANSMIT OR OTHERWISE SEND (DIRECTLY OR INDIRECTLY) ANY INFORMATION CONTAINED IN THIS WEBSITE TO ANY PERSON IN THE UNITED STATES OF AMERICA.
The securities referred to in the materials located on this page have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "US Securities Act"), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction in the United States. There will be no public offering of the securities in the United States.
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