Page 161 - Profile's Stock Exchange Handbook - 2025 Issue 3

Profile’s Stock Exchange Handbook: 2025 - Issue 3 JSE - OCT

OCTODEC.indd.
Octodec Investments Ltd. O ld M utual L t d
ISIN: ZAE000192258
SHORT: OCTODEC ISIN: ZAE000255360 SHORT: OMUTUAL CODE: OMU
CODE: OCT REG NO: 2017/235138/06 FOUNDED: 2017 LISTED: 2018
REG NO: 1956/002868/06 NATURE OF BUSINESS: Old Mutual is a premium African financial
FOUNDED: 1956 services group that offers a broad spectrum of financial solutions
LISTED: 1990 to retail and corporate customers across key market segments in
NATURE OF BUSINESS: Octodec Investments Ltd. (Octodec or the 12 countries. Old Mutual’s primary operations are in Africa, and it
company), its subsidiaries and associated company (the group) is has a niche business in Asia. With over 180 years of heritage across
a real estate investment trust (REIT) listed on the JSE Ltd. (JSE) with sub-Saharan Africa, Old Mutual is a crucial part of the communities
a diversified portfolio of 226 residential, retail, office and industrial it serves as well as broader society on the continent.
properties situated in the major metropolitan areas of Tshwane and SECTOR: Fins--Insurance--Life Insurance--Life Insurance
Johannesburg. The portfolio, including an equity-accounted joint NUMBER OF EMPLOYEES: 28 116
venture, has a lettable area of 1 504 601m2 and is valued at R11.3 billion. DIRECTORS: Armstrong Dr B (ind ne), Ighodaro O (ind ne), Kgaboesele I
SECTOR: RealEstate--RealEstate--REITS--Retail (ind ne), Langer J (ind ne), Lister J R (ind ne, UK), Magwentshu-Rensburg
NUMBER OF EMPLOYEES: 189 Dr S M (ld ind ne), Mwangi J I (ind ne, Keny), Silwanyana B (ind ne),
DIRECTORS: Erasmus R (Deputy CE & FD), Buchholz R (ind ne), van Graan S W (ind ne), Manuel T (Chair, ind ne), Nqweni N (Chair),
Mabunda N C (ind ne), Mojapelo E M S (ind ne), Pollack M Z (ne), Strydom J J (CEO), Troskie C G (CFO)
Strydom P J (ld ind ne), Van Breda L P (ind ne), Wapnick J P (CEO), MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2024
Wapnick S (Chair, ne) Public Investment Corporation 17.34%
MAJOR ORDINARY SHAREHOLDERS as at 21 May 2025 BlackRock Inc 4.50%
Lefkopaul CC 7.59% The Vanguard Group Inc. 3.81%
Tomnef Investments (Pty) Ltd. 6.89% POSTAL ADDRESS: PO Box 66, Cape Town, South Africa, 8000
City Property Administration (Pty) Ltd. 4.76% MORE INFO: www.sharedata.co.za/sdo/jse/OMU
POSTAL ADDRESS: PO Box 15, Tshwane, 0001 COMPANY SECRETARY: E M Kirsten
EMAIL: info@octodec.co.za TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
WEBSITE: www.octodec.co.za SPONSOR: Tamela Holdings (Pty) Ltd.
TELEPHONE: 012-319-8781 AUDITORS: Deloitte & Touche Inc., Ernst & Young
COMPANY SECRETARY: Elize Greeff CAPITAL STRUCTURE Authorised Issued
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Java Capital, Nedbank Corporate and Investment Banking OMU Ords 100c ea 10 000 000 000 4 712 897 403
AUDITORS: Ernst & Young Inc. DISTRIBUTIONS [ZARc]
CAPITAL STRUCTURE Authorised Issued Ords 100c ea Ldt Pay Amt
OCT Ords no par value 500 000 000 266 197 535 Final No 13 8 Apr 25 14 Apr 25 52.00
Interim No 12 15 Oct 24 21 Oct 24 34.00
DISTRIBUTIONS [ZARc]
Ords no par value Ldt Pay Amt LIQUIDITY: Jul25 Avg 77m shares p.w., R935.5m(85.4% p.a.)
Interim No 67 27 May 25 2 Jun 25 62.00
Final No 66 10 Dec 24 17 Dec 24 65.00 OMUTUAL 40 Week MA LIFE 1700
LIQUIDITY: Jun25 Avg 1m shares p.w., R12.0m(22.1% p.a.) 1600
1500
1400
OCTODEC 40 Week MA REIV
1300
1300
1200
1200
1100
1100
1000
1000
900
900
800
800
700 2021 2022 2023 2024 2025
600
500 FINANCIAL STATISTICS
400 Dec 24 Dec 23 Dec 22 Dec 21 Dec 20
2021 2022 2023 2024 2025 (R million)
Final Final(rst) Final(rst) Final(rst) Final
83 841
72 664
68 260
FINANCIAL STATISTICS Total Premiums 152 623 135 901 63 300 157 480 81 571
57 281
20 412
Inc Fm Inv
Feb 25 Aug 24 Aug 23 Aug 22 Aug 21
(R million) Interim Final Final Final Final Total Income 240 027 217 407 102 844 247 814 146 533
NetRent/InvInc 415 816 813 841 783 Total Outgo 223 984 203 551 96 271 235 754 141 768
801
420
568
Minority Int
- 251
722
Int Recd 7 17 13 12 14 Attrib Inc 7 669 7 065 5 231 6 662 - 5 097
Total Inc 422 833 838 853 797 TotCompIncLoss 6 697 4 510 1 825 8 274 - 5 762
Tax 10 - 5 19 16 60 Ord SH Int 58 775 56 060 57 585 62 174 66 995
Attrib Inc 228 216 610 605 - 175 Minority Int 2 990 2 515 2 615 3 127 2 328
TotCompIncLoss 228 216 610 605 - 175 Long-Term Liab 389 644 357 708 315 277 746 562 642 900
Hline Erngs-CO 203 378 434 689 473 Cap Employed 1 122 592 1 040 715 959 899 973 665 862 052
Ord UntHs Int 6 471 6 416 6 560 6 322 5 983 Fixed Assets 50 914 56 770 50 789 47 827 42 558
TotStockHldInt 6 471 6 416 6 560 6 322 5 983 Investments 1 035 232 957 860 892 404 899 388 772 037
Fixed Invest 11 187 11 133 11 135 10 938 11 009 Current Assets 92 060 95 921 78 887 64 079 65 172
Tot Curr Ass 301 268 344 262 298 Current Liab 112 689 116 311 104 846 80 189 78 630
Total Ass 11 492 11 404 11 491 11 245 11 455 PER SHARE STATISTICS (cents per share)
Tot Curr Liab 1 037 1 946 696 955 2 587 HEPS-C (ZARc) 202.70 165.50 129.20 163.80 116.10
PER SHARE STATISTICS (cents per share) DPS (ZARc) 86.00 81.00 76.00 72.47 30.07
EPS (ZARc) 85.59 81.10 229.30 227.30 - 65.70 NAV PS (ZARc) 1 290.00 1 220.00 1 230.00 1 390.00 1 470.00
HEPS-C (ZARc) 76.42 141.90 162.90 258.70 177.70 3 Yr Beta 0.98 0.64 1.12 1.21 -
DPS (ZARc) 62.00 125.00 135.00 130.00 50.00 Price Prd End 1 251 1 306 1 046 1 310 1 021
NAV PS (ZARc) 2 426.00 2 397.00 2 424.00 2 328.00 2 320.00 Price High 1 417 1 344 1 465 1 515 1 730
3 Yr Beta 0.61 0.43 0.80 0.92 1.16 Price Low 995 1 043 921 967 794
Price Prd End 1 099 1 089 920 919 863
Price High 1 284 1 100 1 125 990 1 095 RATIOS
Price Low 1 002 850 800 656 455 Ret on SH Fund 13.59 13.03 9.39 11.43 - 7.71
RATIOS Ret on Tot Ass 1.37 1.26 0.66 1.23 0.48
9.35
6.19
6.41
5.32
RetOnSH Funds 7.04 3.37 9.31 9.57 - 2.92 Debt:Equity 89.06 89.82 96.57 11.52 95.67
Solvency Mgn%
90.01
RetOnTotAss 7.55 7.36 7.29 7.67 6.99
Oper Pft Mgn 40.11 40.12 42.29 44.01 43.47 Payouts:Prem 0.83 0.83 0.87 1.81 1.13
Debt:Equity 0.68 0.69 0.66 0.69 0.80
OperRetOnInv 7.42 7.33 7.30 7.69 7.11
OpInc:Turnover 39.40 39.29 41.00 43.37 42.70
AdminFee:T/Ovr 0.05 0.05 0.05 0.04 0.04
SH Ret On Inv 5.10 5.19 5.48 5.47 2.22
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