Page 188 - Profile's Stock Exchange Handbook - 2025 Issue 1

JSE – SAN Profile’s Stock Exchange Handbook: 2025 – Issue 1
Current Ratio 1.64 1.69 1.90 1.62 0.83
Sanlam Ltd. Div Cover - 1.76 1.66 1.38 0.12
*Please note that these line items for June 2024, December 2023 and December 2022
SAN
results relate to cintinuing operations.
NUMBER OF EMPLOYEES: 22 320
DIRECTORS: BirrellAS(ind ne), BothaAD(ne),
Essoka E (ind ne), KrugerNAS(ind ne),
Manyonga N (ind ne), Masilela E (ind ne),
MokokaMG(ind ne), MollerJP(ind ne),
NkosiSA(ne), NondumoKT(ind ne), Skweyiya
T(ind ne), van Biljon W (ind ne),
van Zyl Dr J (ne), ZinnSA(ind ne),
Mvusi T I (Chair, ind ne), Motsepe
ISIN: ZAE000070660 SHORT: SANLAM CODE: SLM Dr P T (Dep Chair, ne), Hanratty P B (CEO),
REG NO: 1959/001562/06 FOUNDED: 1918 LISTED: 1998 Scan the QR code to Mukhuba A (FD)
visit our website POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
NATURE OF BUSINESS: EMAIL: ir@sanlam.co.za
Sanlam is a leading non-banking financial services group on WEBSITE: www.sanlam.com
the African continent, with a niche presence in Asia. Sanlam is COMPANY SECRETARY: Adela Fortune
a market leader in life insurance, generalinsurance and invest- TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
ment management in its home market of South Africa as well SPONSOR: Standard Bank of South Africa Ltd.
as other countries across the African continent. With a history AUDITORS: KPMG Inc., PwC Inc.
BANKERS: Absa Bank Ltd.
spanning over a century of serving clients, Sanlam has a
well-established brand, leading industry skills and expertise, CALENDAR Expected Status
and high levels of customer loyalty. Next Final Results Mar 2025 Unconfirmed
Sanlam offers unrivalled long-term growth potential through Annual General Meeting Jun 2025 Unconfirmed
a unique platform that positions them to grow in countries Next Interim Results Sep 2025 Unconfirmed
with low insurance penetration and high long-term economic
ISSUED
growth prospects. As Sanlamgrows, it contributes to develop- CAPITAL STRUCTURE AUTHORISED 2 117 153 949
SLM
4 000 000 000
Ords 1c ea
ing financial service industries in the countries where it
operates. Sanlam’s innovative partnership approach brings DISTRIBUTIONS [ZARc]
scale and reach to its operations while supporting shared Ords 1c ea Ldt Pay Amt
8 Apr 24
value creation and financial inclusion. Sanlam works hard to Final No 26 2 Apr 24 11 Apr 23 400.00
360.00
Final No 25
3 Apr 23
retain its clients’ trust and its leading reputation by maintain- Final No 24 5 Apr 22 11 Apr 22 334.00
ingthe highest ethicalandgovernancestandards andensuring Final No 23 6 Apr 21 12 Apr 21 300.00
it shares the benefit of its vast financial resources by investing LIQUIDITY: Dec24 Avg 22m shares p.w., R1 676.5m(53.5% p.a.)
for good. This, coupled with resilient and consistent financial
LIFE 40 Week MA SANLAM
performance, underpinned by a strong capital base and
excellent operational cash generation, ensures the long-term
sustainability of its business.
8181
SECTOR: Fins—Insurance—Life Insurance—Life Insurance
7256
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
Government Employees Pension Fund (PIC) 14.91%
Ubuntu-Botho Investments (Pty) Ltd. 13.81% 6330
Ninety One SA (Pty) Ltd. 5.53%
5405
FINANCIAL STATISTICS
(R million) Jun 24 Dec 23 Dec 22 Dec 21 Dec 20 4479
2019 | 2020 | 2021 | 2022 | 2023 | 2024
Interim Final Final(rst) Final(rst) Final(rst)
FundsFmClients* 96 794 206 220 109 702 177 807 132 866 Recent Announcements
Financial Ser* 12 770 18 830 13 777 14 327 4 171
NetIntPd(Rcvd)* 609 1 106 821 714 835 Thursday, 28 November 2024: Santam has entered into a Framework
Tax on op inc* 4 210 7 079 3 464 5 352 3 805 Agreement and a Sale and Purchase Agreement (collectively
Minority Int* 1 250 2 008 733 960 684 referredtoasthe“Agreements”)withSanlamLifetoacquireits60%
Core Earnings* 9 636 11 595 11 227 9 026 718 interest in the A1 Ordinary Shares in NMSIS for an initial cash
TotCompIncLoss 8 591 16 846 11 672 13 368 4 545 considerationofR925million,withapotentialdeferredpayment.
Hline Erngs-CO 9 837 14 465 9 687 9 041 7 104 Effective date
Fixed Ass 2 212 2 550 1 776 4 312 4 344 The Transaction will be effective within 10 business days from the
Inv & Loans 867 152 827 309 773 272 815 914 812 948 date on which the last of the conditions precedent contained in the
Def Tax Asset 1 593 1 619 1 630 3 319 2 843 Agreements have been fulfilled.
Tot Curr Ass 52 139 55 886 58 047 86 277 89 451 Fairness opinion
SH Funds 88 724 88 530 84 577 82 147 64 712 The Fairness Opinion has been reviewed by the JSE and Santam’s
Minority Int 8 912 8 375 14 381 14 387 12 512 shareholders are advised that the Fairness Opinion is available for
LT Liab 871 436 840 942 850 790 901 200 757 290 inspection at Santam’s registered office for a period of 28 calendar
Tot Curr Liab 31 742 33 038 30 612 53 393 108 156
days from the date of this announcement.
PER SHARE STATISTICS (cents per share) Wednesday, 20 November 2024: Sanlam and Ninety One have entered
Core EPS(ZARc) 478.00 702.60 598.20 459.40 34.80 into a binding Framework Agreement. The parties have agreed to
HEPS-C (ZARc) 458.90 533.10 422.30 438.40 344.50 establish a long-term relationship whereby Sanlam will appoint
Pct chng p.a. 72.2 26.2 - 3.7 27.3 - 4.8 Ninety One as its primary active investment manager for
Tr 5yr av grwth % - 5.2 - 1.7 - 1.2 - 5.4 single-managed local and global products.
DPS (ZARc) - 400.00 360.00 334.00 300.00 Ninety One will acquire all the issued shares in Sanlam Investment
Pct chng p.a. - 11.1 7.8 11.3 - 10.2
Management(Pty) Ltd. in which the Sanlam Group holds an
Tr 5yr av grwth % - 5.4 4.7 4.8 4.4 effective 65.6% interest.
NAV PS (ZARc) 4 053.92 3 999.55 3 797.97 3 688.85 2 856.16 In addition, Sanlam will appoint Ninety One as the permanent
3 Yr Beta 0.81 0.76 1.12 1.06 1.10 investment manager to manage assets for Sanlam Investments UK
Price High 8 550 7 431 7 320 6 546 8 109 Ltd., a wholly owned subsidiary of the Sanlam Group. Furthermore,
Price Low 6 150 4 843 4 686 5 229 3 850 Sanlam will serve as an anchor investor in Ninety One’s
Price Prd End 8 092 7 280 4 872 5 936 5 875 international private and specialistcreditstrategiesthatmeet its
RATIOS investment requirements.
Ret on SH Fnd 11.60 17.54 14.00 11.76 1.82 TheSanlamGroup will receiveanapproximate12.3% equity stake
Ret On Tot Ass* 1.49 2.11 1.56 1.49 0.56 inNinetyOnethroughacombinationofNinetyOneLtd.andNinety
Oper Pft Mgn* 13.19 9.13 12.56 8.06 3.14 One plc shares, thereby establishing the Sanlam Group as a
D:E 1.55 1.58 2.02 2.09 1.71 long-term shareholder of Ninety One.
Int Cover 20.97 17.03 16.78 20.07 5.00
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