Page 185 - Profile's Stock Exchange Handbook - 2025 Issue 1

Profile’s Stock Exchange Handbook: 2025 – Issue 1 JSE – SAB
Sabvest Capital Ltd.
SAB
ISIN: ZAE000283511 SHORT: SABCAP CODE: SBP
REG NO: 2020/030059/06 FOUNDED: 2020 LISTED: 2020
NATURE OF BUSINESS: Sabcap is an investment group first listed on the
JSEin1988 asSabvestLtd.andasSabcap from2020. The Seabrooke Family
Trust (“SFT”) has voting control of Sabcap through an unlisted Z share and
has an economic interest of 40,8% through its holding in the listed
ordinary shares. At the year-end Sabcap had 39 220 000 shares in issue net
of treasury shares (2022: 39 400 000).
SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs—AssMgrs&Custodians
NUMBER OF EMPLOYEES: 0
DIRECTORS: De Matteis K, Ighodaro O (ld ind ne), Mthimunye L E (ind ne),
Rood L, Pillay K (Chair, ind ne), Shongwe B J T (Dep Chair, ld ind ne),
Seabrooke C S (CEO)
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2023
SFT 40.80%
Eric Ellerine Trust and Ellerine Group Investments 8.80%
InsingerGilissen Bankiers NV 7.30%
POSTAL ADDRESS: PO Box 78677, Sandton, 2146
MORE INFO: www.sharedata.co.za/sdo/jse/SBP
COMPANY SECRETARY: Levitt Kirson Business Services (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR:RandMerchantBank(AdivisionofFirstRandBankLtd.(SA))
AUDITORS: PwC Inc.
CAPITAL STRUCTURE AUTHORISED ISSUED
SBP Ords no par value 500 000 000 38 370 000
DISTRIBUTIONS [ZARc]
Ords no par value Ldt Pay Amt
Interim No 9 10 Sep 24 16 Sep 24 35.00
Final No 8 16 Apr 24 22 Apr 24 60.00
LIQUIDITY: Jan25 Avg 51 770 shares p.w., R3.8m(7.0% p.a.)
EQII 40 Week MA SABCAP
9400
8052
6704
5356
4008
2660
2020 | 2021 | 2022 | 2023 |
NOTES: The company was listed following the restructure of Sabvest Ltd.’s
dualsharecapitalstructure.HistoricalSENSandfinancialswerecopiedover
as the structure of the company remained the same post restructure. Note
that price history commencesat the date of Sabcap’slisting and hasnot been
linked to the delisted ordinary shares which had different voting rights.
FINANCIAL STATISTICS
(Amts in ZAR’000) Jun 24 Dec 23 Dec 22 Dec 21 Dec 20
Interim Final Final(rst) Final Final
NetRent/InvInc - 4 881 - 9 330 - 8 377 594 210 353 823
Total Inc 35 120 100 673 101 624 865 601 479 883
Attrib Inc 319 791 - 4 335 679 581 679 171 293 184
TotCompIncLoss 319 791 - 4 335 679 553 735 234 338 024
Ord UntHs Int 4 533 954 4 289 256 4 340 869 3 704 327 3 048 991
Investments 4 535 635 4 291 726 4 342 979 4 016 189 3 357 419
FixedAss/Prop - - - 2 515 2 990
Tot Curr Ass 445 444 407 243 161 281 136
Total Ass 4 536 080 4 292 170 4 343 386 4 265 169 3 645 755
Tot Curr Liab 2 126 2 914 2 517 61 540 87 458
PER SHARE STATISTICS (cents per share)
HEPLU-C (ZARc) 826.10 - 11.00 1 721.70 1 689.70 708.50
DPLU (ZARc) 35.00 90.00 90.00 75.00 25.00
NAV (ZARc) 11 786.00 10 936.00 11 017.00 9 371.00 7 444.00
3 Yr Beta 0.07 0.02 - - -
Price Prd End 6 900 7 700 8 360 6 100 2 975
Price High 7 700 9 779 8 500 6 100 3 800
Price Low 6 450 6 011 5 700 2 700 2 400
RATIOS
RetOnSH Funds 14.11 - 0.10 15.66 18.33 9.62
RetOnTotAss 1.55 2.35 2.34 20.29 13.16
Debt:Equity - - - 0.08 0.12
OperRetOnInv 1.55 2.35 2.34 21.08 13.72
OpInc:Turnover - - - 99.81 96.51

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