Page 187 - Profile's Stock Exchange Handbook - 2025 Issue 2

Profile’s Stock Exchange Handbook: 2025 – Issue 2 JSE – SAC
SA Corporate Real Estate Ltd. Safari Investments RSA Ltd.
SAC SAF
ISIN: ZAE000203238 SHORT: SA CORP CODE: SAC ISIN: ZAE000188280 SHORT: SAFARI CODE: SAR
REG NO: 2015/015578/06 FOUNDED: 1995 LISTED: 1995 REG NO: 2000/015002/06 FOUNDED: 2000 LISTED: 2014
NATURE OF BUSINESS: SA Corporate is a JSE-listed Real Estate NATURE OF BUSINESS: Safari Investments RSA Ltd. is a real estate
Investment Trust (“REIT”) and, together with its subsidiaries, owns a investment trust (“REIT”) listed on the JSE that specialises in high-quality
diversified portfolio of quality industrial, retail and residential buildings, retail property assets. Safari’s portfolio consists of convenience and small
primarily located in the major metropolitan areas of South Africa, with a regional shopping centres that generate value for stakeholders through
secondary node in Zambia. stable returns.
SACorporate,establishedin1995, isoneoftheoldestestablishedproperty SECTOR: RealEstate—RealEstate—REITS—Retail
companies in the South African market. NUMBER OF EMPLOYEES: 33
SECTOR: RealEstate—RealEstate—REITS—Diversified DIRECTORS: Heron G J (ind ne), Matshoba-Ramuedzisi M T (ld ind ne),
NUMBER OF EMPLOYEES: 499 Pienaar P A (ind ne), Herring S B (Chair, ne, UK), Engelbrecht D C (CEO),
DIRECTORS: Finn J, Ford-Hoon N (ind ne), Hendricks E (ind ne), Venter W L (CFO)
HeronGJ(ind ne), Mafoyane S (ind ne), Mojalefa S J, MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
MosetlhiOR(ld ind ne), Moloto A (Chair, ind ne), Mackey T R (CEO), Heriot Properties (Pty) Ltd. 48.64%
Moodley S (CFO), Radebe N (COO) Thibault REIT Ltd. 10.07%
MAJOR ORDINARY SHAREHOLDERS as at 15 Apr 2025 POSTAL ADDRESS: 410 Lynnwood Road, Lynnwood, Pretoria, 0081
Government Employees Pension Fund 17.27% MORE INFO: www.sharedata.co.za/sdo/jse/SAR
Cervantes Investments (Pty) Ltd. 12.86% COMPANY SECRETARY: Pieter van Niekerk
Old Mutual Group 11.93% TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
POSTAL ADDRESS: Suite 95, Private Bag X 9976, Sandton City, 2146 SPONSOR: Valeo Capital (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/SAC AUDITORS: BDO South Africa Inc.
COMPANY SECRETARY: Jacqui Grove
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
SPONSORS: Nedbank Corporate and Investment Banking, a division of SAR Ords no par value 2 000 000 000 257 826 016
Nedbank Ltd. DISTRIBUTIONS [ZARc]
AUDITORS: PwC Inc. Ords no par value Ldt Pay Amt
CAPITAL STRUCTURE AUTHORISED ISSUED Interim No 23 17 Mar 25 24 Mar 25 34.00
SAC Ords no par 4 000 000 000 2 570 702 244 Final No 22 15 Oct 24 21 Oct 24 17.00
DISTRIBUTIONS [ZARc] LIQUIDITY: Apr25 Avg 58 692 shares p.w., R333 936.4(1.2% p.a.)
Ords no par Ldt Pay Amt REIV 40 Week MA SAFARI
Final No 60 14 Apr 25 22 Apr 25 12.26
Interim No 59 15 Oct 24 21 Oct 24 12.11 729
LIQUIDITY: Apr25 Avg 22m shares p.w., R59.3m(43.6% p.a.) 619
REIV 40 Week MA SA CORP
508
320
398
272
287
224
177
2020 | 2021 | 2022 | 2023 | 2024 |
176
FINANCIAL STATISTICS
128 (Amts in ZAR’000) Dec 24 Jun 24 Mar 24 Mar 23 Mar 22
Interim Final Final Final Final
80 NetRent/InvInc 171 173 398 334 320 819 302 279 258 278
2020 | 2021 | 2022 | 2023 | 2024 |
Total Inc 175 536 408 873 329 931 338 774 297 020
FINANCIAL STATISTICS
(R million) Dec 24 Dec 23 Dec 22 Dec 21 Dec 20 Attrib Inc 203 466 402 354 328 222 322 912 253 735
Final Final(rst) Final(rst) Final Final(rst) TotCompIncLoss 203 466 402 354 328 222 322 912 253 735
NetRent/InvInc 1 420 1 197 1 007 1 125 1 090 Ord UntHs Int 2 744 606 2 583 774 2 594 377 2 429 069 2 274 477
Investments 1 563 1 500 1 500 1 500 1 500
Total Inc 1 452 1 246 1 041 1 164 1 142
Attrib Inc 644 1 209 819 621 - 1 494 FixedAss/Prop 3 721 298 3 862 439 3 693 619 3 536 403 3 213 425
TotCompIncLoss 739 1 263 887 696 - 1 438 Tot Curr Ass 66 929 61 473 55 484 65 524 93 597
Ord UntHs Int 11 161 11 035 10 321 10 066 10 093 Total Ass 4 274 553 4 107 027 4 065 618 3 807 198 3 646 553
Investments - - 53 163 113 Tot Curr Liab 155 644 241 835 65 736 391 888 86 877
FixedAss/Prop 16 859 17 320 14 137 13 704 14 691 PER SHARE STATISTICS (cents per share)
Tot Curr Ass 1 192 734 969 757 576 HEPS-C (ZARc) 33.33 76.84 56.60 69.00 64.27
Total Ass 20 762 19 933 17 534 17 126 18 033 DPS (ZARc) 34.00 78.00 61.00 65.00 57.00
Tot Curr Liab 4 192 1 375 806 674 1 777 NAV PS (ZARc) 1 073.00 1 011.00 994.00 915.00 882.00
PER SHARE STATISTICS (cents per share) 3 Yr Beta - 0.07 0.02 - 0.14 - 0.47 - 0.22
HEPS-C (ZARc) 26.12 22.98 30.96 48.44 6.34 Price Prd End 675 560 560 560 550
DPS (ZARc) 24.37 23.18 24.15 33.16 17.93 Price High 699 639 639 600 560
NAV PS (ZARc) 427.94 423.65 410.00 400.30 383.00 Price Low 511 501 501 501 340
3 Yr Beta 0.54 0.41 1.46 1.68 1.58 RATIOS
Price Prd End 292 232 240 235 173 RetOnSH Funds 14.83 12.46 12.65 13.29 11.16
Price High 316 254 264 237 321 RetOnTotAss 8.21 7.96 8.12 8.90 8.15
Price Low 220 174 181 150 74 Debt:Equity 0.51 0.52 0.53 0.54 0.58
RATIOS OperRetOnInv 9.20 8.25 8.68 8.54 8.03
RetOnSH Funds 5.77 10.96 7.94 6.17 - 14.80 OpInc:Turnover 55.69 58.57 59.74 66.16 62.08
RetOnTotAss 7.29 6.56 7.38 6.62 6.03
Debt:Equity 0.79 0.74 0.62 0.64 0.72
OperRetOnInv 8.42 6.95 7.22 8.21 7.44
OpInc:Turnover 48.27 48.26 49.30 53.01 52.86
185