Page 123 - Profile's Stock Exchange Handbook - 2025 Issue 3
P. 123
Profile’s Stock Exchange Handbook: 2025 - Issue 3 JSE - GRE
Greencoat Renewables plc Grindrod Ltd.
ISIN: IE00BF2NR112 SHORT: GRP CODE: GCT ISIN: ZAE000072328 SHORT: GRINDROD CODE: GND
REG NO: 598470 FOUNDED: 2017 LISTED: 2025 ISIN: ZAE000071106 SHORT: GRINDROD PREF CODE: GNDP
NATURE OF BUSINESS: Greencoat Renewables plc is an owner and REG NO: 1966/009846/06 FOUNDED: 1966 LISTED: 1986
operator of renewable energy infrastructure assets in Europe. It is NATURE OF BUSINESS: Grindrod, listed on the JSE Securities
listed on the Euronext Growth Market of Euronext Dublin and the Exchange, is based in South Africa and is represented by
AIM market of the London Stock Exchange under the ticker GRP. It subsidiaries, joint venture and associated companies in 23
is managed by Schroders Greencoat LLP. countries worldwide, employing more than 4 000 skilled and
SECTOR: Utilities--Utilities--Electricity--AltElectricity dedicated people.
NUMBER OF EMPLOYEES: 0 SECTOR: Inds--IndsGoods & Services--IndsTransport--TransportSer
DIRECTORS: Gilvarry E (snr ind ne), Graziano M (ind ne), Lindqvist E NUMBER OF EMPLOYEES: 4 378
(ind ne), Niamh M (ind ne), Murphy R (Chair, ind ne) DIRECTORS: Carolus C A (ind ne), Grindrod W J (ne), Khumalo A
MAJOR ORDINARY SHAREHOLDERS as at 18 Jun 2025 (ind ne), Magara B (ind ne), Malik D (ind ne), Ndlovu R (ind ne),
BlackRock Inc. 9.55% Sowazi N L (ld ind ne), Zatu Moloi Z P (ind ne), Ally F B (CFO),
KBI Global Investors 7.05% Mbambo X F (Group CEO)
Newton Investment Management 5.18% MAJOR ORDINARY SHAREHOLDERS as at 23 Jun 2025
POSTAL ADDRESS: Riverside One, Sir John Rogerson’s Quay, Dublin 2, Public Investment Corporation SOC Ltd. 20.18%
D02 X576, Ireland Government Employees Pension Fund 18.09%
MORE INFO: www.sharedata.co.za/sdo/jse/GCT Grindrod Investments (Pty) Ltd. 11.02%
COMPANY SECRETARY: Ocorian Administration (UK) Ltd. POSTAL ADDRESS: PO Box 1, Durban, 4000
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/GND
SPONSOR: Valeo Capital (Pty) Ltd. COMPANY SECRETARY: Vicky Commaille
AUDITORS: BDO TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
CAPITAL STRUCTURE Authorised Issued SPONSOR: Nedbank Corporate and Investment Banking, a division of
Nedbank Ltd.
GCT Ords EUR0.01c ea - 1 113 535 009 AUDITORS: PricewaterhouseCoopers Inc.
LIQUIDITY: Jul25 Avg 506 947 shares p.w., R8.1m(2.4% p.a.) CAPITAL STRUCTURE Authorised Issued
GND Ords 0.002c ea 2 750 000 000 698 031 586
GRP 40 Day MA ALSH
1850 GNDP Prefs 0.031c ea 20 000 000 7 400 000
1800 DISTRIBUTIONS [ZARc]
Ords 0.002c ea Ldt Pay Amt
1750
Final No 36 1 Apr 25 7 Apr 25 17.00
Interim No 35 17 Sep 24 23 Sep 24 23.00
1700
LIQUIDITY: Jul25 Avg 7m shares p.w., R94.3m(53.1% p.a.)
1650
GRINDROD 40 Week MA INDT
1600 1600
Jun 2025 Jun 2025 Jun 2025 Jun 2025 Jul 2025 Jul 2025 Jul 2025 Jul 2025
1400
1200
1000
800
600
400
200
2021 2022 2023 2024 2025
FINANCIAL STATISTICS
Dec 24 Dec 23 Dec 22 Dec 21 Dec 20
(R million) Final Final Final Final(rst) Final
Revenue 4 976 4 846 5 884 3 417 3 751
Op (Loss) Inc - 39 531 619 446 - 193
NetIntPd(Rcvd) 59 - 21 77 135 210
Minority Int - - 2 - 3 30 - 47
Att Inc 314 988 601 176 - 415
TotCompIncLoss 503 1 490 920 639 - 281
Fixed Ass 2 225 1 773 1 681 1 738 1 951
Inv & Loans 911 1 886 1 754 8 214 6 886
Tot Curr Ass 4 892 4 612 4 357 9 666 9 657
Ord SH Int 9 921 9 932 8 883 8 623 8 109
Minority Int - 54 - 54 - 62 - 45 - 150
LT Liab 2 585 2 348 1 818 2 306 1 837
Tot Curr Liab 2 309 2 346 2 827 14 267 13 808
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 46.70 151.70 111.50 75.10 - 24.80
DPS (ZARc) 40.00 72.40 39.40 20.10 -
NAV PS (ZARc) 1 366.00 1 368.00 1 211.00 1 176.00 1 075.00
3 Yr Beta 0.36 0.14 0.85 1.09 1.20
Price High 1 609 1 200 1 198 570 535
Price Low 1 096 876 460 430 281
Price Prd End 1 196 1 146 1 000 495 505
RATIOS
Ret on SH Fnd 3.18 9.98 6.78 2.39 - 5.81
Oper Pft Mgn - 0.79 10.97 10.52 13.06 - 5.14
D:E 0.32 0.28 0.29 0.49 0.57
Current Ratio 2.12 1.97 1.54 0.68 0.70
Div Cover 1.18 2.04 2.29 1.30 -
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