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Momentum Metropolitan Holdings Limited (Momentum Metropolitan)

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Momentum will not renew its One-Day cricket sponsorship, but continues to support women’s team

Financial services provider Momentum announced today that they will not be renewing their sponsorship of One-Day cricket when their contract with Cricket South Africa (CSA) expires in April 2021. However, they will continue their support of the Momentum Proteas as the naming rights sponsor for the national women’s team.

Momentum Metropolitan looks beyond Covid-19

Results demonstrate robustness of Group’s performance

Momentum Metropolitan to list on A2X

Momentum Metropolitan Holdings has been approved for a secondary listing on A2X Markets and will list on 5 August 2020. Momentum Metropolitan will retain its listings on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange.

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Results of the odd-lot offer and voluntary

MMI shareholders are referred to the terms announcement dated 6 July 2012 wherein shareholders were advised of the price per share in respect of the Offers.

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Fulfillment of conditions and offer price

MMI shareholders are referred the terms announcement dated 18 May 2012 wherein the details of the restructuring of the BBBEE transaction restructuring and the Offers were outlined, as well as the announcement of the results of the general meeting, dated 18 June 2012.

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MMI consolidates Namibian operations

MMI Holdings Limited (MMI), the South African listed financial services company, announced today the consolidation of its Namibian operations through the acquisition of the remaining 51% of Momentum Life Assurance Namibia Limited (Momentum Namibia) from FNB Namibia Holdings Limited (FNB Namibia).

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MMI and KTH extend partnership

Today MMI Holdings(MMI) shareholders voted in favour of the group extending its partnership with Kagiso Tiso Holdings (KTH).

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MMI Holdings acquires 100% stake in Momentum Short-term Insurance

MMI Holdings announced today its intention to acquire a 100% stake in Momentum Short-term Insurance. The boards of MMI Holdings and OUTsurance Holdings have given their approval for the transaction to go ahead. The transaction will be subject to regulatory approvals, including the Financial Services Board and the competition authorities.

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MMI acquires controlling stake in Eris

MMI Holdings announced that it has reached an agreement with Rand Merchant Bank and Royal Bafokeng Holdings to acquire their shares in the Eris Property Group (Eris). MMI's property portfolio is currently managed by Eris and Momentum Properties (previously Metropolitan Property Services).

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MMI puts solid platform in place for future growth

MMI Holdings Limited (MMI), the diversified financial services group that includes Metropolitan and Momentum, today released a solid set of half-year results to December 2011, with core headline earnings increasing by 4% to R1 294 million as compared to the previous half-year to December 2010, under tough operating conditions.

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Trading statement in terms of the JSE Listings Requirements

MMI, created on 1 December 2010 as a result of a merger between Metropolitan and Momentum, will be releasing interim results for the six months ended 31 December 2011 on 6 March 2012

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Clarification on media reports: Old Mutual / Momentum Merger

It was reported in today's media that the Competition Tribunal has approved a proposed merger between Old Mutual Life Assurance and Momentum.

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New Momentum Retail CEO appointed

MMI Holdings, the financial services company born from the merger of Metropolitan and Momentum, has announced the appointment of Mark van der Watt as the new CEO of Momentum Retail, one of the group's six operating divisions.

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