Page 178 - Profile's Stock Exchange Handbook - 2025 Issue 1

JSE – REM Profile’s Stock Exchange Handbook: 2025 – Issue 1
Price High 16 401 14 840 15 176 12 251 14 374
Remgro Ltd. Price Low 11 600 12 207 10 513 8 128 7 220
Price Prd End 13 609 14 705 12 732 11 231 9 791
REM
RATIOS
Ret on SH Fnd 1.98 8.84 12.93 4.88 6.49
Ret On Tot Ass 4.79 4.83 9.51 4.44 - 1.35
Oper Pft Mgn 5.32 4.85 4.91 6.76 2.82
D:E 0.10 0.15 0.21 0.23 0.33
Int Cover n/a 191.53 6.61 5.15 1.54
Current Ratio 2.07 1.86 2.31 2.19 1.94
Div Cover 0.85 7.13 15.52 6.98 5.71
NUMBER OF EMPLOYEES: 173
ISIN: ZAE000026480 SHORT: REMGRO CODE: REM DIRECTORS: de Bruyn S E N (ld ind ne), Lubbe M, Mageza N P (ind ne),
REG NO: 1968/006415/06 FOUNDED: 2000 LISTED: 2000 Malherbe J (ne), Moleketi P J (ind ne), Morobe M M (ind ne), Neethling
PJ(alt), Nieuwoudt G G (ne), Rantloane L (ind ne), Rupert A (ne),
NATURE OF BUSINESS: Vosloo C P (alt), Rupert J P (Chair, ne), Robertson F (Co Dep
Originally established in the 1940s by the late Dr Anton Chair, ind ne), Durand J J (CEO), Williams N (CFO)
Rupert, Remgro’s investment portfolio has evolved substan- POSTAL ADDRESS: PO Box 456, Stellenbosch, 7599
tially since then and currently includes investee companies EMAIL: dh@remgro.com
WEBSITE: www.remgro.com
acrossnineplatforms. The Company is listed onthe Johannes- TELEPHONE: 021-888-3000
burg Stock Exchange (JSE), operated by the JSE Ltd. in South FAX: 021-888-3399
Africa under the “Financials – Financial Services – Investment COMPANY SECRETARY: Luche Joubert
Banking and Brokerage Services – Diversified Financial TRANSFER SECRETARY: ComputershareInvestor
Services (Pty) Ltd.
Services” sector, with the share code “REM”. From 3 January SPONSOR: Rand Merchant Bank (A division of
2022, the Company also has a secondary listing on the A2X. FirstRand Bank Ltd.)
Remgro’s interests consist mainly of investments in the Scan the QR code to AUDITORS: Ernst & Young Inc.
healthcare, consumer products, financial services, infrastruc- visit our website BANKERS: First National Bank
ture, industrial and media industries.
Remgro’s most significant investments are as follows: CALENDAR Expected Status
Mediclinic Group Ltd. (Mediclinic) (50.0% interest), Next Interim Results Mar 2025 Unconfirmed
OUTsurance Group Ltd. (OUTsurance Group) (30.6% Next Final Results Sep 2025 Unconfirmed
interest), Community Investment Ventures Holdings (Pty) Annual General Meeting Nov 2025 Unconfirmed
Ltd. (CIVH) (57.0% interest), Heineken Beverages Holdings
Ltd. (Heineken Beverages) (18.8% interest), RCL Foods Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
(RCL Foods) (80.2% interest), FirstRand Ltd. (FirstRand) REM Ords no par 1 000 000 000 529 217 007
(2.2% interest), Discovery Ltd. (Discovery) (7.8% interest), DISTRIBUTIONS [ZARc]
Siqalo Foods (Pty) Ltd. (Siqalo Foods) (100.0% interest), Air Ords no par Ldt Pay Amt
Final No 48 12 Nov 24 18 Nov 24 184.00
Products South Africa (Pty) Ltd. (Air Products) (50.0% Interim No 47 16 Apr 24 22 Apr 24 80.00
interest), TotalEnergies Marketing South Africa (Pty) Ltd. Final No 46 7 Nov 23 13 Nov 23 160.00
(TotalEnergies) (24.9% interest) and Kagiso Tiso Holdings Interim No 45 18 Apr 23 24 Apr 23 80.00
(Pty) Ltd. (KTH) (43.5% interest). These investments con- LIQUIDITY: Dec24 Avg 7m shares p.w., R939.3m(66.2% p.a.)
tribute approximately 88% to Remgro’s intrinsic net asset
GENF 40 Week MA REMGRO
value (INAV after tax).
17422
SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs— DiversFinServcs
CONTROLLED BY: Rupert Beleggings (Pty) Ltd. 15604
MAJOR ORDINARY SHAREHOLDERS as at 25 Jan 2024
Public Investment Commissioner 16.62% 13785
Ninety One SA (Pty) Ltd. 5.10%
NOTES:Remgrounbundledsharesintheapportionmentratioof0.7255039 11967
unbundled shares on 8 June 2020. 10148
FINANCIAL STATISTICS
(R million) Jun 24 Jun 23 Jun 22 Jun 21 Jun 20 2019 | 2020 | 2021 | 2022 | 2023 | 2024 8330
Final Final Final(rst) Final Final
Sales 50 424 48 151 41 876 65 803 54 732 Recent Announcements
Op Inc 2 683 2 335 2 057 4 449 1 545 Friday, 29 November 2024: Vodacom (Pty) Ltd.(“Vodacom”) proposed
NetIntPd(Rcvd) 147 17 499 1 102 1 014
Tax 948 832 757 1 135 452 acquisition of a 30% interest in Maziv (Pty) Ltd. the entity that will
Minority Int 1 135 1 196 1 840 1 505 - 63 house all of the fibre assets owned by Community Investment
Att Inc 1 241 9 624 13 139 3 550 6 646 Ventures Holdings (Pty) Ltd. (“CIVH”), including Vumatel (Pty)
TotCompIncLoss - 205 21 618 13 033 2 543 3 167 Ltd. and Dark Fibre Africa (Pty) Ltd. (the “Transaction”).
Hline Erngs-CO 5 646 6 642 5 816 2 885 1 737 Shareholders were advised that the Transaction parties have agreed
Fixed Ass 11 052 10 230 17 968 16 889 16 954 toextendthelongstopdatefrom29November2024to9December
Inv in Assoc 70 691 76 445 50 771 50 207 50 991 2024tocontinuediscussionswithregardstothetransactionterms.
Inv & Loans 20 066 22 747 21 047 14 702 12 995 Friday, 29 November 2024: At the 2024 annual general meeting of the
Def Tax Asset 194 176 219 208 190 shareholders of Remgro held on Thursday, 28 November 2024 all
Tot Curr Ass 26 814 23 707 44 478 37 381 43 640 the ordinary and special resolutions proposed were approved by the
Ord SH Int 112 770 115 920 98 443 88 059 86 773 requisite majority of votes.
Minority Int 7 047 6 521 17 437 15 517 14 670 Remuneration Policy
LT Liab 7 030 11 787 21 128 20 103 23 139 The Company’s 2024 Remuneration Policy as published in the
Tot Curr Liab 12 984 12 740 19 295 17 087 22 517
Integrated Annual Report (IAR) and tabled at the AGM was
PER SHARE STATISTICS (cents per share) approved. Shareholders are reminded that the Company indicated
EPS (ZARc) 224.00 1 710.00 2 328.00 615.77 1 152.94 in its IAR that it is still in the process of developing suitable
HEPS-C (ZARc) 1 018.00 1 180.00 1 031.00 500.42 301.37 performancetargetsforthenewperformancemeasuresforthe2024
Pct chng p.a. - 13.7 14.5 106.0 66.0 - 68.7 Conditional Share Plan awards.
Tr 5yr av grwth % 20.8 22.6 20.0 3.8 - 15.0 Subsequent to the AGM, the Remgro Remuneration and
DPS (ZARc) 264.00 240.00 150.00 88.20 201.87 Nomination Committee approved these targets which is available
Pct chng p.a. 10.0 60.0 70.1 - 56.3 - 49.7 on the Remgro website at www.remgro.com/wp-content/uploads/
Tr 5yr av grwth % 6.8 6.0 - 4.5 - 17.0 - 4.2
NAV PS (ZARc) 20 322.00 20 751.00 17 452.00 15 275.16 15 052.69 Approved-Targets-Remgro- Remuneration-Policy-2024.pdf.
3 Yr Beta 0.55 0.52 0.84 0.92 0.92
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