Rubis: lpg in southern africa: easigas (rubis’ group) and reatile group to merge their lpg operations
September 11, 2015 Easigas (Pty) Ltd (“Easigas”) and Reatile Gaz (Pty) Ltd (“Reatile Gaz”) have signed an agreement to merge their respective Southern African LPG operations. Easigas is a wholly owned subsidiary of the Rubis Group (France) with operations in South Africa, Botswana, Lesotho and Swaziland. Reatile Gaz, having LPG operations in South Africa and […]
Rubis: excellent performance – net income: +54%
August 31, 2015 Rubis’ Supervisory Board, which met on August 31, has approved the financial statements for the six months to June 30, 2015. The first half of 2015 was characterized by robust growth of 18% in total business volume (+7% at constant scope). This growth enabled the Group to post a record net […]
Rubis completes acquisition of srpp(reunion island)
July 31, 2015 Following the announcement made on February 5, RUBIS has obtained green light from administrative body to complete the acquisition of 100% of SRPP (Société Réunionnaise de Produits Pétroliers), from SHELL and TOTAL. SRPP markets fuels, LPG and lubricants in Reunion Island. With a retail network of 51 petrol stations, SRPP is the […]
Rubis: result of the option for dividend payment in shares
This document is a translation of the original French document and is provided for information purposes only. The original French version takes precedence over this translation. July 8, 2015 The option for the payment of the dividend in shares attracted strong interest among Rubis shareholders: 72.56% of rights were exercised in favor of share-based payments. […]
Rubis: option for the payment of the 2014 dividend in shares
Paris, June 5, 2015 Rubis’ Ordinary and Extraordinary Shareholders’ Meeting held on June 5, 2015 approved the payment of a dividend of €2.05 per share and has offered each shareholder the option of payment in cash or in new Company shares. The price of these new shares to be issued in payment of the dividend […]
Rubis completes the purchase of a 35.5% stake in the french antilles refinery (sara)
June 4, 2015 Following September 22, 2014 press announcement and the Competition Authority’s release on May 13, 2015, approving subject to conditions the transaction, Rubis is completing today the acquisition of 35.5% of SARA shares from Total. SARA, which operates in a government regulated price system, remains the main refining and fuel logistical asset […]
Rubis completes eres acquisition
June 2, 2015 Following March 23 press announcement, Rubis is completing today the acquisition of Eres. Eres is one of the main independent specialists in supply-transportation-logistic-retail of bitumen, operating in Western Africa. With the support of a strong logistic infrastructure including import terminals in Senegal, Togo, and Nigeria, the Group is leader in the […]
Rubis: net income: up 13% – outstanding performance in a chaotic environment
March 11, 2015 At its meeting of March 9, 2015, the Board of Management finalized the financial statements for fiscal 2014, which were approved by the Supervisory Board at its meeting of March 11, 2015. A report giving certification without reservations is currently being issued by the Statutory Auditors. Faced in 2014 with numerous external […]
Rubis in exclusive negotiation with Shell and Total to acquire SRPP their joint fuel storage and distribution business in La Réunion
February 5, 2015 RUBIS has made an irrevocable offer to the SHELL Group and the TOTAL Group, each 50% shareholder of the SRPP (Société Réunionnaise de Produits Pétroliers), to purchase the entire share capital of this company. In reply to this offer, SHELL and TOTAL have accepted to open an exclusive period of negotiation. […]
Rubis in exclusive talks to purchase total holding in french antilles refinery (sara)
September 22, 2014 Rubis has remitted to Total an irrevocable offer to purchase its 50% holding in SARA, a refinery based in Martinique supplying the French Antilles and Guiana. Depending on final regulatory approval and third party shareholder preemptive right, Rubis, already a 35.5% shareholder in SARA, could ultimately increase its ownership to between 71% […]