ANNUAL FINANCIAL STATEMENTS 2023

For the year ended 30 September 2023

Shareholders´ information

ANALYSIS OF REGISTERED SHAREHOLDERS AND COMPANY SCHEMES

Registered shareholder spread

In accordance with the JSE Listings Requirements, the following table confirms the spread of registered shareholders as of 29 September 2023 is as per below:

Shareholder spread Number
of holders
% of total
shareholders
Number of
shares
% of issued
capital
 
1 – 1 000 shares 11 145 85,00 1 853 991 1,03  
1 001 – 10 000 shares 1 450 11,05 4 492 073 2,49  
10 001 – 100 000 shares 382 2,91 12 794 781 7,10  
100 001 – 1 000 000 shares 104 0,79 28 622 710 15,87  
1 000 001 shares and above 31 0,24 132 564 425 73,51  
Total 13 112 100,00 180 327 980 100,00  

PUBLIC AND NON-PUBLIC SHAREHOLDINGS

Within the shareholder base, we are able to confirm the split between public shareholdings and directors/company-related schemes as being:

Shareholder type Number
of holders
% of total
shareholders
Number of
shares
% of issued
capital
 
Public shareholders 13 103 99,93 156 148 811 86,59  
Non-public shareholders* 9 0,07 24 216 295 13,44  
Empowerment holdings 5 0,04 13 676 681 7,59  
Own holding 1 0,01 10 326 758 5,73  
Share trust 2 0,01 200 081 0,11  
Directors and associates 1 0,01 12 775 0,01  
Total 13 112 100,00 180 327 980 100,00  
* Includes directors, pension/retirement funds and treasury shares

SUBSTANTIAL INVESTMENT MANAGEMENT AND BENEFICIAL INTERESTS

Substantial investment management and beneficial interests above 3%

Through regular analysis of STRATE registered holdings, and pursuant to the provisions of section 56 of the Companies Act, the following shareholders held directly and indirectly equal to or in excess of 3% of the issued share capital as at 30 September 2023.

Investment management shareholdings

Investment manager Total
shareholdings
% of issued
capital
 
Silchester International Investors LLP 31 751 842 17,61  
PIC 25 624 707 14,21  
Allan Gray (Proprietary) Limited 22 730 842 12,61  
Jupiter Asset Management Limited 8 282 701 4,59  
Ninety One SA (Proprietary) Limited 6 592 353 3,66  
Value Capital Partners 6 269 900 3,48  
The Vanguard Group Inc. 6 021 065 3,34  
Total 107 273 410 59,50  
Beneficial shareholdings Total
shareholdings
% of issued
capital
 
Government Employees Pension Fund (PIC) 26 366 625 14,62  
Silchester International Business Trust 20 114 258 11,15  
Allan Gray Balanced Fund 9 178 871 5,09  
Silchester International Invest Value Equity 6 307 362 3,50  
Total 61 967 116 34,36