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JSE – LIG Profile’s Stock Exchange Handbook: 2024 – Issue 3
Lighthouse Properties plc London Finance & Investment Group
LIG plc
ISIN: MU0461N00015 SHORT: LIGHTPROP CODE: LTE
REG NO: C 100848 FOUNDED: 2014 LISTED: 2015 LON
NATURE OF BUSINESS: Lighthouse is domiciled in Malta and listed on the ISIN: GB0002994001 SHORT: LONFIN CODE: LNF
Main Board of the JSE with a secondary listing on the A2X exchange. The REG NO: 201151 (UK) FOUNDED: 1924 LISTED: 1924
Group invests directly and indirectly in dominant and defensive malls located NATURE OF BUSINESS: Lonfin is a United Kingdom investment finance
in large and mid-sized cities with strong economic support and growth. and management company. Its core portfolio centres on quality companies
SECTOR: RealEstate—RealEstate—InvestmentServices—Holdings in the FTSE Eurofirst 300 and S&P 500 indices. Additionally, Lonfin holds
NUMBER OF EMPLOYEES: 12 investments in United Kingdom listed companies where it has Directors in
common. Lonfin is also a 43.8% shareholder in Western Selection plc
DIRECTORS: Bird S (ind ne), Bodenstein K (ind ne), de Beer D (ne), (“Western”). Western’s share capital is admitted to trading on the AQSE
Doublet A (ind ne, Malta), HanekomNW(alt), Paris S (ind ne, Malta), Growth Market. Lonfin’s shares are quoted in the official lists of the
Olivier M C (Chair, ind ne, UK), Muller J J (CEO), Mc Donald E (COO), London and Johannesburg stock exchanges.
van Biljon J (CFO)
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2023 SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs—AssMgrs&Custodians
Resilient REIT Ltd. 30.82% NUMBER OF EMPLOYEES: 6
Delsa Investments (Pty) Ltd. 16.77% DIRECTORS: Beale E (ne), Lucas Dr F W A (ind ne), Maxwell J H (snr ind ne),
Government Employees Pension Fund 7.66% Marshall W (Chair, ne)
POSTAL ADDRESS: 4th Floor, Office 41, Block A, IL-Piazzetta, MAJOR ORDINARY SHAREHOLDERS as at 26 Sep 2023
Tower Road, Sliema, Malta, SLM 1605 Lynchwood Nominees Ltd. 47.80%
MORE INFO: www.sharedata.co.za/sdo/jse/LTE WT Lamb Holdings Ltd. 14.80%
Winterflood Client Nominees Ltd.
8.80%
COMPANY SECRETARY: Maitland Malta Ltd. POSTAL ADDRESS: PO Box 4126, The Square, Umhalanga, 4320
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/LNF
SPONSOR: Java Capital (Pty) Ltd. COMPANY SECRETARY: Rod Venables
AUDITORS: PwC Inc.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
CAPITAL STRUCTURE AUTHORISED ISSUED SPONSOR: Questco Corporate Advisory
LTE Ords no par val - 1 853 993 105 AUDITORS: PKF Littlejohn LLP
DISTRIBUTIONS [EURc] CAPITAL STRUCTURE AUTHORISED ISSUED
Ords no par val Ldt Pay Amt Scr/100 LNF Ords GBP 5p ea 35 000 000 31 207 479
Final No 15 9 Apr 24 15 May 24 1.35 3.68 DISTRIBUTIONS [GBPp]
Interim No 14 29 Aug 23 12 Oct 23 1.35 5.17
Ords GBP 5p ea Ldt Pay Amt
LIQUIDITY: Jul24 Avg 7m shares p.w., R47.5m(18.3% p.a.) Interim No 50 18 Mar 24 4 Apr 24 0.60
Final No 49 5 Dec 23 20 Dec 23 0.60
REDS 40 Week MA LIGHTPROP
LIQUIDITY: Jul24 Avg 555 shares p.w., R5 757.3(-% p.a.)
2235
GENF 40 Week MA LONFIN
1870
1200
1505
1032
1140
864
775
696
410
2019 | 2020 | 2021 | 2022 | 2023 | 2024
529
NOTES: Lighthouse changed its financial year-end from 30 September to 31
December on 30 June 2020. 2019 | 2020 | 2021 | 2022 | 2023 | 2024 361
FINANCIAL STATISTICS FINANCIAL STATISTICS
(Amts in EUR’000) Dec 23 Dec 22 Dec 21 Dec 20 Sep 19
Final Final Final(rst) Final(rst) Final (Amts in GBP’000) Dec 23 Jun 23 Jun 22 Jun 21 Jun 20
NetRent/InvInc 87 407 77 014 35 729 26 138 25 252 Interim Final Final Final Final
Total Inc 87 407 77 014 35 929 30 474 29 719 NetRent/InvInc 510 1 668 1 004 1 029 927
1 668
927
511
1 029
Total Inc
1 004
Attrib Inc 385 352 25 155 - 46 485 - 271 193 - 26 137 Attrib Inc 456 1 383 - 442 1 510 - 807
TotCompIncLoss 403 790 33 951 - 45 453 - 274 664 - 26 137 TotCompIncLoss 3 639 1 748 - 1 440 1 911 - 1 305
Ord UntHs Int 760 141 356 920 355 462 261 968 247 277 Ord UntHs Int 21 935 18 483 17 094 18 893 15 798
Investments - - 15 555 28 735 43 742
31
22
12
FixedAss/Prop 786 690 778 935 581 927 248 467 301 202 Fixed Assets 6 328 3 3 144 3 3 957 8 202 6 291
Investments
Tot Curr Ass 187 863 39 205 37 533 36 056 25 946 Tot Curr Ass 17 145 16 860 14 571 12 515 10 383
Total Ass 1 208 275 840 903 639 060 399 476 414 626 Total Ass 23 476 20 024 18 621 20 884 17 217
Tot Curr Liab 121 282 49 741 29 758 5 139 10 437
Tot Curr Liab 360 372 510 299 277
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 73.80 33.90 - 34.63 - 528.13 - 83.75 PER SHARE STATISTICS (cents per share) - 28.34 99.46 - 51.22
98.96
34.44
HEPS-C (ZARc)
DPS (ZARc) 55.59 53.36 51.67 59.41 48.64
DPS (ZARc) - 26.23 23.15 22.85 23.35
NAV PS (ZARc) 849.66 463.28 405.83 389.34 895.65 NAV PS (ZARc) 1 639.40 1 417.25 1 085.04 1 200.93 1 077.27
3 Yr Beta 0.86 1.21 1.23 1.57 1.07 3 Yr Beta 0.42 0.47 0.26 0.24 0.41
Price Prd End 735 680 900 683 802
Price High 792 994 920 1 120 2 900 Price Prd End 760 680 505 605 605
720
605
700
Price High
718
770
Price Low 405 505 600 501 650
RATIOS Price Low 680 505 505 605 162
RATIOS
RetOnSH Funds 50.58 8.57 - 11.12 - 82.82 - 10.57 RetOnSH Funds 4.18 7.51 - 2.49 8.07 - 5.01
RetOnTotAss 7.88 9.16 - 5.47 6.29 7.61
Debt:Equity 0.48 1.00 0.60 0.40 0.51 RetOnTotAss 4.35 - 8.33 - 5.39 4.93 5.38
Debt:Equity
0.03
0.01
0.04
OperRetOnInv 11.11 9.89 5.98 7.54 7.32
OpInc:Turnover 100.00 100.00 100.00 100.00 100.00 OperRetOnInv 16.14 53.00 25.30 12.51 14.66
OpInc:Turnover 100.00 100.00 100.00 100.00 100.00
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