Page 165 - Profile's Stock Exchange Handbook - 2025 Issue 2

Profile’s Stock Exchange Handbook: 2025 – Issue 2 JSE – OUT
OUTsurance Group Ltd. Pan African Resources plc
OUT PAN
ISIN: ZAE000314084 SHORT: OUTSURE CODE: OUT ISIN: GB0004300496 SHORT: PAN-AF CODE: PAN
REG NO: 2010/005770/06 FOUNDED: 2011 LISTED: 2011 REG NO: 3937466 FOUNDED: 2000 LISTED: 2007
NATURE OF BUSINESS: The OUTsurance Group is a multinational NATURE OF BUSINESS: Pan African is an African-focused mid-tier gold
insurance group that specialises in Property and Casualty insurance. producer, dual primary listed on the AIM of the LSE (ticker: PAF) and the
OUTsurance was founded in 1998 by three entrepreneurs and backed by main board of the JSE (ticker: PAN) as well as the A2X Market (A2X). Our
the RMB Holdings Group. The Group’s activities are focused on the South shares trade on the OTCQX Best Market (OTCQX) in the United States of
African and Australian insurance markets with the recent expansion into America (USA) through a Level 1 American Depository Receipt (ADR)
the Republic of Ireland. programme (ticker: PAFRY), sponsored by the Bank of New York Mellon,
SECTOR: Fins—Insurance—Non-life Insurance—Full Line Insurance and ordinary shares (ticker: PAFRF).
NUMBER OF EMPLOYEES: 7 049 SECTOR:BasicMaterials—BasicResrcs—PreciousMet&Min—GoldMin
DIRECTORS: Kekana A (ne), Knoetze F (alt), Lucht U (alt), NUMBER OF EMPLOYEES: 2 198
MahlareMM(ind ne), Moabi T (ind ne), Naidoo S (ind ne), DIRECTORS: Earp D (ld ind ne), Mosololi T F (ind ne),
Ndlovu R (ind ne), Pillay K (ld ind ne), RoosWT(ind ne), Needham C D S (ind ne), Themba Y (ind ne), Spencer K C (Chair, ind ne),
Teeger J (ind ne), van Heerden H (ind ne), Visser M (CEO), Hofmeyr J Loots C (CEO), Kok M (FD)
(FD), Bosman H L (Chair, ne), DurandJJ(ne) MAJOR ORDINARY SHAREHOLDERS as at 16 Apr 2025
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024 Allan Gray Investment Management 19.63%
Remgro 30.50% Public Investment Corporation (SOC) Ltd. 13.88%
Royal Bafokeng Holdings (Pty) Ltd. 14.10% Allan Gray (Pty) Ltd. 13.82%
Public Investment Corporation 11.00% POSTAL ADDRESS: PO Box 2768, Pinegowrie, 2123
POSTAL ADDRESS: PO Box 8443, Centurion, 0046 MORE INFO: www.sharedata.co.za/sdo/jse/PAN
MORE INFO: www.sharedata.co.za/sdo/jse/OUT COMPANY SECRETARY: St James’s Corporate Services
COMPANY SECRETARY: J S Human TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. SPONSOR: Questco (Pty) Ltd.
SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.) AUDITORS: PwC LLP
AUDITORS: KPMG
CAPITAL STRUCTURE AUTHORISED ISSUED
CAPITAL STRUCTURE AUTHORISED ISSUED PAN Ords GBP1p ea - 2 335 675 263
OUT Ords 0.01c ea 2 000 000 000 1 546 402 028
DISTRIBUTIONS [GBPp]
DISTRIBUTIONS [ZARc] Ords GBP1p ea Ldt Pay Amt
Ords 0.01c ea Ldt Pay Amt Final No 14 26 Nov 24 10 Dec 24 0.96
Interim No 28 1 Apr 25 7 Apr 25 88.60 Final No 13 28 Nov 23 12 Dec 23 0.76
Final No 27 15 Oct 24 21 Oct 24 113.20
LIQUIDITY: Apr25 Avg 32m shares p.w., R262.1m(70.7% p.a.)
LIQUIDITY: Apr25 Avg 15m shares p.w., R876.4m(49.7% p.a.)
MINI 40 Week MA PAN-AF
GENF 40 Week MA OUTSURE
1195
7138
984
5910
773
4681
562
3453
351
2224
140
2020 | 2021 | 2022 | 2023 | 2024 |
996
2020 | 2021 | 2022 | 2023 | 2024 |
FINANCIAL STATISTICS
NOTES: Rand Merchant Investment Holdings Ltd. renamed to OUTsurance (Amts in USD’000) Dec 24 Jun 24 Jun 23 Jun 22 Jun 21
Group Ltd. on 07 December 2022. Interim Final Final(rst) Final(rst) Final(rst)
Rand Merchant Investment Holdings Ltd. historical prices were adjusted
to reflect the unbundling of Discovery Ltd. and Momentum Metropolitan Turnover 189 334 373 796 319 892 376 371 368 915
Holdings Ltd. on 20 April 2022. Op Inc 65 413 119 307 94 182 111 574 111 753
NetIntPd(Rcvd) 9 085 9 900 9 116 4 231 6 920
FINANCIAL STATISTICS Minority Int - 820 - 552 - 402 - 185 -
(R million) Dec 24 Jun 24 Jun 23 Jun 22 Jun 21
Interim Final Final(rst) Final(rst) Final(rst) Att Inc 45 705 79 378 60 918 75 137 74 692
Total Premiums 17 922 31 913 26 833 23 532 20 570 TotCompIncLoss 28 574 90 449 19 746 35 756 118 066
Inc Fm Inv 119 290 208 320 152 Fixed Ass 698 709 567 588 395 247 355 802 346 922
Total Income 18 212 32 642 26 413 21 329 18 621 Inv & Loans - 3 373 - 1 127 1 064
Total Outgo 14 953 26 937 21 481 18 775 16 752 Tot Curr Ass 59 733 60 393 58 923 53 114 84 558
Minority Int 225 430 437 495 329 Ord SH Int 421 542 365 217 292 483 292 356 283 631
Attrib Inc 2 039 4 061 2 980 22 396 2 893 Minority Int - 1 854 - 1 114 - 527 - 171 -
TotCompIncLoss 1 973 4 145 4 057 22 395 1 892 LT Liab 342 001 237 104 135 385 103 079 93 482
Ord SH Int 13 455 14 085 13 358 11 487 27 238 Tot Curr Liab 87 192 84 864 77 386 58 989 105 978
Minority Int 1 265 1 302 1 568 1 465 1 776 PER SHARE STATISTICS (cents per share)
Long-Term Liab 1 945 2 440 2 756 136 292 HEPS-C (ZARc) 21.54 77.65 55.80 59.81 59.60
Cap Employed 16 849 18 010 28 026 13 117 41 090 DPS (ZARc) - 22.00 18.00 18.00 18.00
Fixed Assets 1 181 1 205 1 198 1 065 1 056 NAV PS (ZARc) 390.23 345.61 286.78 250.22 210.06
Current Assets 3 462 3 015 2 612 8 050 6 959 3 Yr Beta 0.54 0.69 0.84 1.35 1.12
Current Liab 17 371 16 247 1 535 17 263 12 974 Price High 898 640 485 476 642
PER SHARE STATISTICS (cents per share) Price Low 599 293 283 295 311
HEPS-C (ZARc) 132.90 230.40 193.40 95.00 119.60 Price Prd End 819 605 303 394 341
DPS (ZARc) 88.60 214.40 143.30 131.25 45.00 RATIOS
NAV PS (ZARc) 870.08 916.08 871.70 749.80 1 777.94 Ret on SH Fnd 21.39 21.65 20.73 25.65 26.33
3 Yr Beta 0.50 0.31 0.30 0.71 0.85 Oper Pft Mgn 34.55 31.92 29.44 29.64 30.29
Price Prd End 6 650 4 642 3 399 2 784 1 690 D:E 0.87 0.66 0.50 0.36 0.44
Price High 6 991 4 725 3 759 2 948 1 852 Current Ratio 0.69 0.71 0.76 0.90 0.80
Price Low 4 473 3 356 2 645 1 610 1 512 Div Cover - 3.52 3.14 3.30 3.31
RATIOS
Ret on SH Fund 30.76 29.19 22.89 176.74 11.10
Ret on Tot Ass 20.50 18.04 18.31 10.11 4.08
Debt:Equity 0.13 0.16 0.18 0.01 0.01
Solvency Mgn% 171.22 50.34 60.08 61.04 153.42
Payouts:Prem 0.79 0.82 0.80 0.53 0.53
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