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JSE – ZED Profile’s Stock Exchange Handbook: 2024 – Issue 3
Zeda Ltd. Zeder Investments Ltd.
ZED ZED
ISIN: ZAE000315768 SHORT: ZEDA CODE: ZZD ISIN: ZAE000088431 SHORT: ZEDER CODE: ZED
REG NO: 2022/493042/06 FOUNDED: 2022 LISTED: 2022 REG NO: 2006/019240/06 FOUNDED: 2006 LISTED: 2006
NATURE OF BUSINESS: Zeda Ltd. (“Zeda Ltd.” or “the Company”) and NATURE OF BUSINESS: Zeder is an investor in the broad agribusiness
its subsidiaries (collectively “Zeda Ltd. Group” or “Group”) is a and related industries. The company listed on the Johannesburg Stock
non-manufacturing integrated vehicle mobility solutions business, Exchange on 6 December 2006, as at 28 February 2024, Zeder’s
providing car rental, fleet management and leasing solutions in South investment portfolio was valued at approximately R3.82bn.
Africa and 10 other countries in sub-Saharan Africa under the SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs—AssMgrs&Custodians
well-established, highly recognisable “Avis” and “Budget” global brands NUMBER OF EMPLOYEES: 2
pursuant to a long-term licence secured from Avis Budget Group Inc DIRECTORS: le Roux J (CEO & FD), Cassiem S (ind ne),
(“ABG Licence”). GreeffWL(ne), Mjoli-MncubeNS(ld ind ne), MoutonPJ(ne),
SECTOR: ConsDiscr—ConsProducts&Servcs—ConsServcs—RentLease Otto C A (Chair, ind ne)
NUMBER OF EMPLOYEES: 1 660 MAJOR ORDINARY SHAREHOLDERS as at 29 Feb 2024
DIRECTORS: Kakana X (ind ne), Miya Y (ind ne), Motsei Dr N (ind ne), PSG Financial Services Ltd. 48.60%
Roets M (ind ne), WilsonDG(ind ne), Bam L L (Chair, ind ne), Peresec Prime Brokers (Pty) Ltd. 9.60%
Ganda R (CEO), Mngomezulu S (Interim Chair, ind ne), NtshizaT(CFO) Coronation Asset Management Holdings (Pty) Ltd. 6.30%
MAJOR ORDINARY SHAREHOLDERS as at 01 Jul 2024 POSTAL ADDRESS: PO Box 7403, Stellenbosch, 7599
Zahid Tractor & Heavy Machinery Ltd. 18.84% MORE INFO: www.sharedata.co.za/sdo/jse/ZED
Public Investment Company SOC Ltd. 14.08% COMPANY SECRETARY: Zeder Corporate Services (Pty) Ltd.
Silchester Trust 8.49% TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
POSTAL ADDRESS: PO Box 221, Isando, Johannesburg, 1600 SPONSORS: PSG Capital (Pty) Ltd., Tamela Holdings (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/ZZD AUDITORS: Deloitte & Touche Inc.
COMPANY SECRETARY: Acorim Secretarial and Governance Services
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
SPONSOR: Nedbank Ltd. ZED Ords no par 3 000 000 000 1 540 160 354
AUDITORS: SizweNtsalubaGobodo Grant Thornton Inc. DISTRIBUTIONS [ZARc]
CAPITAL STRUCTURE AUTHORISED ISSUED Ords no par Ldt Pay Amt
ZZD Ords no par value 2 000 000 000 189 641 787 Special No 8 21 May 24 27 May 24 10.00
Special No 7 12 Mar 24 18 Mar 24 20.00
DISTRIBUTIONS [ZARc]
Ords no par value Ldt Pay Amt LIQUIDITY: Jul24 Avg 3m shares p.w., R4.7m(9.1% p.a.)
Interim No 1 9 Jul 24 15 Jul 24 50.00 GENF 40 Week MA ZEDER
LIQUIDITY: Jul24 Avg 2m shares p.w., R19.3m(44.3% p.a.) 386
JS4021 40 Week MA ZEDA
334
2082
283
1856
232
1631
180
1405
129
2019 | 2020 | 2021 | 2022 | 2023 | 2024
1179
NOTES: Zeder InvestmentsLtd.historical prices wereadjustedtoreflect the
953 unbundling of Kaap Agri shares on 30 March 2022.
2023 | 2024
FINANCIAL STATISTICS
FINANCIAL STATISTICS (R million) Feb 24 Feb 23 Feb 22 Feb 21 Feb 20
(Amts in ZAR’000) Mar 24 Sep 23 Sep 22 Final Final Final Final(rst) Final
Interim Final Final(rst) Turnover - - - - 7 492
Turnover 5 269 514 9 144 637 8 133 228 Op Inc 27 38 8 823 304
Op Inc 789 444 1 551 903 1 263 791 NetIntPd(Rcvd) - - - 49 351
NetIntPd(Rcvd) 351 605 622 377 382 997 Minority Int - - - - 38
Minority Int 5 392 10 197 8 472
Att Inc 12 - 187 801 2 475 561
Att Inc 309 708 731 883 561 416 TotCompIncLoss 12 - 187 801 3 011 210
TotCompIncLoss 325 559 756 423 613 221 Fixed Ass - - - - 1 599
Fixed Ass 4 439 462 4 206 244 3 624 656 Inv & Loans 3 148 3 447 3 586 5 853 160
Inv & Loans 23 731 24 189 8 563 Tot Curr Ass 729 654 519 893 9 118
Tot Curr Ass 7 823 287 7 976 873 6 362 847 Ord SH Int 3 824 4 009 7 168 6 662 7 974
Ord SH Int 2 675 469 2 354 975 1 631 484 Minority Int - - - - 344
Minority Int 47 931 48 444 42 188 LT Liab 3 3 3 5 4 461
LT Liab 3 890 508 3 051 864 3 038 824 Tot Curr Liab 50 89 108 79 1 368
Tot Curr Liab 6 354 070 7 357 651 5 848 251
PER SHARE STATISTICS (cents per share)
PER SHARE STATISTICS (cents per share) HEPS-C (ZARc) 0.80 1.50 - 0.20 - 1.60 5.27
HEPS-C (ZARc) 165.50 381.07 324.70 DPS (ZARc) 30.00 10.00 92.50 14.84 170.71
DPS (ZARc) 50.00 - - NAV PS (ZARc) 248.30 260.30 466.10 433.20 347.72
NAV PS (ZARc) 1 427.90 1 246.02 860.30 3 Yr Beta - 0.03 - 0.61 - 0.48 - 0.55 0.32
Price High 1 343 1 800 - Price High 190 315 274 345 381
Price Low 1 000 857 - Price Low 120 155 172 123 250
Price Prd End 1 105 1 160 - Price Prd End 178 172 265 197 315
RATIOS RATIOS
Ret on SH Fnd 23.14 30.88 34.05 Ret on SH Fnd 0.31 - 4.66 11.17 37.15 7.20
Oper Pft Mgn 14.98 16.97 15.54 Oper Pft Mgn - - - - 4.06
D:E 1.74 1.88 2.82 D:E - - - - 0.54
Current Ratio 1.23 1.08 1.09 Current Ratio 14.58 7.35 4.81 11.30 6.67
Div Cover 3.31 - - Div Cover 0.03 - 1.21 0.56 10.30 0.14
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