Page 185 - Profile's Stock Exchange Handbook - 2025 Issue 3

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

Safari Investments RSA Ltd.

ISIN: ZAE000188280 SHORT: SAFARI CODE: SAR
REG NO: 2000/015002/06 FOUNDED: 2000 LISTED: 2014
NATURE OF BUSINESS: Safari Investments RSA Ltd. is a real estate
investment trust (“REIT”) listed on the JSE that specialises in
high-quality retail property assets. Safari’s portfolio consists of
convenience and small regional shopping centres that generate
value for stakeholders through stable returns.
SECTOR: RealEstate--RealEstate--REITS--Retail
NUMBER OF EMPLOYEES: 33
DIRECTORS: Heron G J (ind ne), Matshoba-Ramuedzisi M T (ld ind ne),
Pienaar P A (ind ne), Herring S B (Chair, ne, UK), Engelbrecht D C (CEO),
Venter W L (CFO)
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
Heriot Properties (Pty) Ltd. 48.64%
Thibault REIT Ltd. 10.07%
POSTAL ADDRESS: 410 Lynnwood Road, Lynnwood, Pretoria, 0081
MORE INFO: www.sharedata.co.za/sdo/jse/SAR
COMPANY SECRETARY: Pieter van Niekerk
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Valeo Capital (Pty) Ltd.
AUDITORS: BDO South Africa Inc.
CAPITAL STRUCTURE Authorised Issued
SAR Ords no par value 2 000 000 000 257 826 016
DISTRIBUTIONS [ZARc]
Ords no par value Ldt Pay Amt
Interim No 23 17 Mar 25 24 Mar 25 34.00
Final No 22 15 Oct 24 21 Oct 24 17.00
LIQUIDITY: Jul25 Avg 34 730 shares p.w., R207 906.4(0.7% p.a.)
SAFARI 40 Week MA REIV
800
700
600
500
400
300
200
2021 2022 2023 2024 2025
FINANCIAL STATISTICS
Dec 24 Jun 24 Mar 24 Mar 23 Mar 22
(R ’000)
Interim Final Final Final Final
NetRent/InvInc 171 173 398 334 320 819 302 279 258 278
Total Inc 175 536 408 873 329 931 338 774 297 020
Attrib Inc 203 466 402 354 328 222 322 912 253 735
TotCompIncLoss 203 466 402 354 328 222 322 912 253 735
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
FixedAss/Prop 3 721 298 3 862 439 3 693 619 3 536 403 3 213 425
Tot Curr Ass 66 929 61 473 55 484 65 524 93 597
Total Ass 4 274 553 4 107 027 4 065 618 3 807 198 3 646 553
Tot Curr Liab 155 644 241 835 65 736 391 888 86 877
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 33.33 76.84 56.60 69.00 64.27
DPS (ZARc) 34.00 78.00 61.00 65.00 57.00
NAV PS (ZARc) 1 073.00 1 011.00 994.00 915.00 882.00
3 Yr Beta - 0.07 0.02 - 0.14 - 0.47 - 0.22
Price Prd End 675 560 560 560 550
Price High 699 639 639 600 560
Price Low 511 501 501 501 340
RATIOS
RetOnSH Funds 14.83 12.46 12.65 13.29 11.16
RetOnTotAss 8.21 7.96 8.12 8.90 8.15
Debt:Equity 0.51 0.52 0.53 0.54 0.58
OperRetOnInv 9.20 8.25 8.68 8.54 8.03
OpInc:Turnover 55.69 58.57 59.74 66.16 62.08

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