Page 124 - Profile's Stock Exchange Handbook - 2025 Issue 3
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JSE - GRO                                Profile’s Stock Exchange Handbook: 2025 - Issue 3

            Growthpoint Properties Ltd.                      Hammerson plc

       ISIN: ZAE000179420   SHORT: GROWPNT   CODE: GRT  ISIN: GB00BK7YQK64   SHORT: HAMMERSON   CODE: HMN
       REG NO: 1987/004988/06   FOUNDED: 1987   LISTED: 1987  REG NO: 360632   FOUNDED: 1940   LISTED: 2016
       NATURE  OF  BUSINESS:  Growthpoint  is  the  largest  South  African   NATURE OF BUSINESS: Hammerson is the largest UK-listed, pure-
        primary JSE-listed REIT with a quality portfolio of 528 (FY23: 535)   play owner and manager of prime retail and leisure anchored city
        properties across three major business units:   destinations across the UK, France and Ireland.
        *South Africa (SA)                        SECTOR: RealEstate--RealEstate--REITS--Retail
        *Growthpoint Investment Partners (GIP)    NUMBER OF EMPLOYEES: 138
        *Offshore portfolio.                      DIRECTORS: Annous H (ind ne), Brunel M (ind ne, Fr), Butterworth M
        The South African business, representing 53.7% of total property   (snr ind ne, UK), Metz A (ind ne, USA), Welch C (ind ne, UK), Noel R
        assets, is diversified across the retail, office, industrial, and trading   (Chair, ne, UK), Gagné R (CE, Can), Raja H (CFO)
        and development (T&D) sectors, located in economic nodes in the   MAJOR ORDINARY SHAREHOLDERS as at 10 Feb 2025
        major metropolitan areas. It also includes a 50% investment in the   APG Asset Management NV   19.97%
        V&A Waterfront (V&A) which is a mixed-use portfolio in Cape Town.   Coronation Fund Managers   7.12%
        The T&D sector develops commercial property for Growthpoint’s   BlackRock, Inc.   4.99%
        own balance sheet as well as for third parties.  POSTAL ADDRESS: Marble Arch House, 66 Seymour Street, London,
       SECTOR: RealEstate--RealEstate--REITS--Diversified  W1H 5BX
       NUMBER OF EMPLOYEES: 649                   MORE INFO: www.sharedata.co.za/sdo/jse/HMN
       DIRECTORS: Berkeley F M (ind ne), Hamman M (ind ne), Lebina K P   COMPANY SECRETARY: Alex Dunn
        (ind ne), Raphiri C D (ind ne), Sangqu A H (ld ind ne), Wilton E (ind ne),   TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        Gasant R (Chair, ind ne), Sasse L N (Group CE), de Klerk E K (MD),    AUDITORS: PwC LLP
        Völkel G (FD)                             CAPITAL STRUCTURE      Authorised   Issued
       MAJOR ORDINARY SHAREHOLDERS as at 8 May 2025   HMN  Ords of 5p ea       -     488 884 956
        Public Investment Corporation (PIC) obo GEPF   19.00%
        Ninety One SA (Pty) Ltd.          10.10%   DISTRIBUTIONS [GBPp]
        Old Mutual Investment Group (SA) (Pty) Ltd.   6.20%  Ords of 5p ea  Ldt  Pay   Amt
       POSTAL ADDRESS: PO Box 78949, Sandton, 2146  Final No 15  22 Apr 25  3 Jun 25   8.07
       MORE INFO: www.sharedata.co.za/sdo/jse/GRT  Interim No 14  20 Aug 24  30 Sep 24  7.56
       COMPANY SECRETARY: Johan de Koker          LIQUIDITY: Jul25 Avg 3m shares p.w., R188.4m(29.7% p.a.)
       TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
       SPONSOR: Investec Bank Ltd.                  HAMMERSON  40 Week MA  REIV
       AUDITORS: Ernst & Young Inc.                                                   200000
       CAPITAL STRUCTURE      Authorised  Issued
       GRT     Ords no par value    5 000 000 000    3 430 787 066                    150000
       DISTRIBUTIONS [ZARc]                                                           100000
       Ords no par       Ldt      Pay       Amt
       Interim No 78  14 Apr 25  22 Apr 25  61.00
       Final No 77    15 Oct 24  21 Oct 24  58.30                                     50000
       LIQUIDITY: Jul25 Avg 54m shares p.w., R700.2m(81.3% p.a.)
                                                     2021   2022   2023   2024   2025  0
         GROWPNT  40 Week MA  REIV
                                           2000
                                                  NOTE: Hammerson plc underwent a share consolidation of 10:1
                                           1800    share on 30 September 2024.
                                           1600   FINANCIAL STATISTICS
                                                               Dec 24   Dec 23  Dec 22   Dec 21   Dec 20
                                           1400   (GBP million)
                                                                Final  Final  Final Final(rst)  Final
                                           1200   NetRent/InvInc  23   26   30    137   14
                                                  Total Inc      73    71   14    152   23
                                           1000   Attrib Inc    - 526  - 51  - 164  - 429  - 1 735
                                                  TotCompIncLoss  - 545  - 92  - 142  - 449  - 1 687
                                           800
          2021   2022   2023   2024   2025        Ord UntHs Int  1 821  2 463  2 586  2 746  3 209
                                                  Investments   2 584  2 598  2 813  3 023  3 976
       FINANCIAL STATISTICS                       FixedAss/Prop  35    34   35    34    41
                    Dec 24   Jun 24  Jun 23   Jun 22   Jun 21   Tot Curr Ass  828  554  350  475  553
       (R million)                                Total Ass     3 476  4 328  4 536  4 914  5 906
                   Interim  Final  Final  Final  Final
       Net Rent      4 470  8 218  8 883  8 700  9 077  Tot Curr Liab  450  241  185  180  324
       Total Inc     4 593  8 453  9 192  8 867  9 215  PER SHARE STATISTICS (cents per share)
       Attrib Inc    2 701  1 269  2 356  7 937  - 497  HEPS-C (ZARc)  271.56  387.70  484.30  203.30  105.40
       TotCompIncLoss  - 169  - 1 407  6 879  12 854  - 3 314  DPS (ZARc)  376.29  359.40  38.98  79.49  81.20
       Ord UntHs Int  66 761  68 267  71 911  71 212  66 410  NAV PS (ZARc)  8 750.50  9 296.40 11 530.40 12 954.00 28 432.00
       Investment pro  122 597  135 294  138 590  133 161  126 452  3 Yr Beta  2.31  2.09  2.41  2.18  1.81
       Listed Investm  1 168  1 661  1 576  1 489  1 122  Price Prd End  6 670  6 800  4 950  7 190  5 200
       Tot Curr Ass  3 218  3 582  5 263  5 315  4 718  Price High  7 550  6 930  8 350  8 990  290 900
       Total Ass   152 939  165 737  171 976  164 729  154 455  Price Low  5 350  4 720  3 530  3 920  3 240
       Tot Curr Liab  3 556  4 349  5 162  4 464  5 388  RATIOS
       PER SHARE STATISTICS (cents per share)     RetOnSH Funds  - 28.90  - 2.09  - 6.35  - 15.63  - 54.07
       HEPS-C (ZARc)  93.99  104.01  149.61  211.14  169.98  RetOnTotAss  2.10  1.66  0.16  3.42  - 3.72
       DPS (ZARc)    61.00  117.10  130.10  128.40  118.50  Debt:Equity  0.85  0.70  0.68  0.72  0.78
       NAV PS (ZARc)  1 967.00  2 020.00 2 151.00  2 158.00  2 023.00  OperRetOnInv  0.89  1.00  1.04  4.49  0.34
       3 Yr Beta     1.03  0.97  0.94  1.17  1.11  OpInc:Turnover  19.16  19.51  22.60  100.00  9.26
       Price Prd End  1 273  1 218  1 166  1 235  1 490
       Price High    1 475  1 325  1 509  1 610  1 532
       Price Low     1 189  914  1 129  1 212  1 040
       RATIOS
       RetOnSH Funds  6.23  - 0.14  2.00  12.35  0.58
       RetOnTotAss   6.90  5.85  5.99  5.65  5.72
       Debt:Equity   0.79  0.85  0.77  0.72  0.80
       OperRetOnInv  7.22  6.00  6.34  6.46  7.12
       OpInc:Turnover  64.63  63.72  64.65  66.68  69.15
                                                                             www.sharedata.co.za
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