Page 126 - Profile's Stock Exchange Handbook - 2025 Issue 1
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JSE – GRO                                Profile’s Stock Exchange Handbook: 2025 – Issue 1
             Growthpoint Properties Ltd.                      Hammerson plc
        GRO                                        HAM
       ISIN: ZAE000179420  SHORT: GROWPNT  CODE: GRT  ISIN: GB00BK7YQK64  SHORT: HAMMERSON  CODE: HMN
       REG NO: 1987/004988/06  FOUNDED: 1987  LISTED: 1987  REG NO: 360632  FOUNDED: 1940  LISTED: 2016
       NATUREOFBUSINESS:GrowthpointisthelargestSouthAfricanprimary  NATURE OF BUSINESS: Hammerson is a cities business. An owner,
        JSE-listed REIT with a quality portfolio of 528 (FY23: 535) properties  operator and developer of prime urban real estate, with a portfolio value of
        across three major business units:         GBP4.7billion (as at 30 June 2023), in some of the fastest growing cities in
        *South Africa (SA)                         the UK, Ireland and France. Hammerson’s portfolio and adjacent lands
        *Growthpoint Investment Partners (GIP)     leverage its experience and capabilities to create and manage exceptional
        *Offshore portfolio.                       city centre destinations with the opportunity to drive value and reshape
        The South African business, representing 53.7% of total property assets, is  entire neighbourhoods.
        diversifiedacrosstheretail,office,industrial,andtradinganddevelopment  SECTOR: RealEstate—RealEstate—REITS—Retail
        (T&D) sectors, located in economic nodes in the major metropolitan areas.  NUMBER OF EMPLOYEES: 199
        Italsoincludesa50% investmentinthe V&AWaterfront(V&A) which isa  DIRECTORS: Annous H (ind ne), Brunel M (ind ne, Fr), Butterworth
        mixed-use portfolio in Cape Town. The T&D sector develops commercial  M(snr ind ne, UK), Metz A (ne, USA), Welch C (ne, UK),
        propertyforGrowthpoint’sownbalancesheetaswellasforthirdparties.  Noel R (Chair, ne, UK), Gagné R (CEO, Can), Raja H (CFO)
       SECTOR: RealEstate—RealEstate—REITS—Diversified  MAJOR ORDINARY SHAREHOLDERS as at 07 Jan 2025
       NUMBER OF EMPLOYEES: 649                     APG Asset Management NV          19.97%
       DIRECTORS: BerkeleyFM(ind ne), Hamman M (ind ne),  BlackRock, Inc.             8.24%
        LebinaKP(ind ne), RaphiriCD(ind ne), SangquAH(ld ind ne),  Wellington Management Group LLP  4.95%
        van WykJA(ind ne), Wilton E (ind ne), Gasant R (Chair, ind ne),  MORE INFO: www.sharedata.co.za/sdo/jse/HMN
        Sasse L N (Group CE), de Klerk E K (MD), Völkel G (FD)  COMPANY SECRETARY: Alex Dunn
       MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
         Public Investment Corporation (PIC) obo GEPF  19.00%  AUDITORS: PwC LLP
         Ninety One SA (Pty) Ltd.         10.10%
         Old Mutual Investment Group (SA) (Pty) Ltd.  6.20%  CAPITAL STRUCTURE  AUTHORISED  ISSUED
       POSTAL ADDRESS: PO Box 78949, Sandton, 2146  HMN  Ords of 5p ea        -    500 226 561
       MORE INFO: www.sharedata.co.za/sdo/jse/GRT  DISTRIBUTIONS [GBPp]
       COMPANY SECRETARY: Johan de Koker          Ords of 5p ea         Ldt     Pay    Amt
       TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.  Interim No 14  20 Aug 24  30 Sep 24  7.56
       SPONSOR: Investec Bank Ltd.                Final No 13        2 Apr 24  10 May 24  7.80
       AUDITORS: Ernst & Young Inc.
                                                  LIQUIDITY: Jan25 Avg 2m shares p.w., R156.5m(23.8% p.a.)
       CAPITAL STRUCTURE   AUTHORISED     ISSUED
       GRT  Ords no par     5 000 000 000  3 430 787 066  REIV       40 Week MA  HAMMERSON
       DISTRIBUTIONS [ZARc]                                                            260771
       Ords no par           Ldt    Pay     Amt
                                                                                       209307
       Final No 77       15 Oct 24  21 Oct 24  58.30
       Interim No 76      9 Apr 24  15 Apr 24  58.80                                   157843
       LIQUIDITY: Jan25 Avg 55m shares p.w., R675.8m(82.6% p.a.)
                                                                                       106378
               REIV       40 Week MA  GROWPNT
                                                                                       54914
                                           2344
                                                                                       3450
                                           2062       2020  |  2021  |  2022  |  2023  |  2024  |
                                                  NOTES: Hammerson plc underwent a share consolidation of 10:1 share on
                                           1779
                                                   30 September 2024.
                                                  FINANCIAL STATISTICS
                                           1496
                                                  (GBP million)  Jun 24  Dec 23  Dec 22  Dec 21  Dec 20
                                           1214               Interim  Final  Final Final(rst)  Final
                                                  NetRent/InvInc  11   26    30   137   14
                                           931    Total Inc      29    71    14   152   23
          2020  |  2021  |  2022  |  2023  |  2024  |
                                                  Attrib Inc    - 517  - 51  - 164  - 429  - 1 735
       FINANCIAL STATISTICS
       (R million)  Jun 24  Jun 23  Jun 22  Jun 21  Jun 20  TotCompIncLoss  - 514  92  - 142  - 449  - 1 687
                     Final  Final  Final  Final  Final  Ord UntHs Int  1 908  2 463  2 586  2 746  3 209
       Net Rent      9 828  8 883  8 700  9 077  8 547  Investments  2 419  2 598  2 813  3 023  3 976
       Total Inc    10 079  9 192  8 867  9 215  8 650  FixedAss/Prop  32  34  35  34   41
                                                  Tot Curr Ass   498  554   350   475  553
       Attrib Inc    1 269  2 356  7 937  - 497  - 6 865
       TotCompIncLoss  - 1 407  6 879  12 854  - 3 314  194  Total Ass  3 578  4 328  4 536  4 914  5 906
       Ord UntHs Int  68 267  71 911  71 212  66 410  67 877  Tot Curr Liab  104  241  185  180  324
       Investment pro  135 294  138 590  133 161  126 452  137 457  PER SHARE STATISTICS (cents per share)
       Listed Investm  1 661  1 576  1 489  1 122  837  HEPS-C (ZARc)  213.00  387.70  484.30  203.30  105.40
       Tot Curr Ass  3 582  5 263  5 315  4 718  4 482  DPS (ZARc)  17.60  35.94  3.90  7.95  8.12
       Total Ass   165 737  171 976  164 729  154 455  168 499  NAV PS (ZARc)  8 783.60 9 009.10 11 530.40 12 954.00 28 432.00
       Tot Curr Liab  4 349  5 162  4 464  5 388  7 862  3 Yr Beta  2.14  2.09  2.41  2.18  1.81
                                                  Price Prd End  6 390  6 800  4 950  7 190  5 200
       PER SHARE STATISTICS (cents per share)     Price High    7 050  6 930  8 350  8 990  290 900
       HEPS-C (ZARc)  101.26  149.61  211.14  169.98  79.93  Price Low  5 350  4 720  3 530  3 920  3 240
       DPS (ZARc)   117.10  130.10  128.40  118.50  146.00  RATIOS
       NAV PS (ZARc)  2 020.00 2 151.00 2 158.00 2 023.00 2 307.00  RetOnSH Funds  - 54.17  - 2.09  - 6.35  - 15.63  - 54.07
       3 Yr Beta     0.97  0.94  1.17  1.11  0.92  RetOnTotAss  2.18  2.01  0.16  3.42  - 3.72
       Price Prd End  1 218  1 166  1 235  1 490  1 335  Debt:Equity  0.82  0.70  0.68  0.72  0.78
       Price High    1 325  1 509  1 610  1 532  2 500  OperRetOnInv  0.91  1.00  1.04  4.49  0.34
       Price Low      914  1 129  1 212  1 040  950  OpInc:Turnover  18.86  19.51  22.60  100.00  9.26
       RATIOS
       RetOnSH Funds  - 0.14  2.00  12.35  0.58  - 8.30
       RetOnTotAss   6.83  5.99  5.65  5.72  5.15
       Debt:Equity   0.85  0.77  0.72  0.80  0.89
       OperRetOnInv  7.18  6.34  6.46  7.12  6.18
       OpInc:Turnover  68.25  64.65  66.68  69.15  69.14
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