Page 186 - Profile's Stock Exchange Handbook - 2025 Issue 3
P. 186

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

                    Sanlam Ltd.                   Int Cover    20.22  17.03  16.78  20.07  5.00
                                                                     1.73
                                                                1.62
                                                  Current Ratio
                                                                           1.90
                                                                                       0.83
                                                                                 1.62
                                                  Div Cover     2.40  1.76  1.66  1.38  0.12
                                                  *Please note that these line items for December 2024, 2023 and  2022 results
                                                  relate to continuing operations
                                                              NUMBER OF EMPLOYEES: 23 926
                                                              DIRECTORS: Birrell A S (ind ne), Botha A D
                                                               (ne), Essoka E (ind ne), Kruger N A S (ind ne),
                                                               Manyonga N (ind ne), Masilela E (ind ne), Mokoka
                                                               M G (ind ne), Moller J P (ind ne), Nkosi S A (ne),
                                                               Nondumo K T (ind ne), van Biljon W (ind ne),
       ISIN: ZAE000070660   SHORT: SANLAM   CODE: SLM          van Zyl Dr J (ne), Zinn S A (ind ne), Mvusi T I
       REG NO: 1959/001562/06   FOUNDED: 1918   LISTED: 1998   (Chair, ind ne), Motsepe Dr P T (Dep Chair, ne),
                                                               Hanratty P B (CEO), Mukhuba A (FD)
        NATURE OF BUSINESS:                       Scan the QR code to   POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
                                                   visit our website
        Sanlam is a leading non-banking financial services group on   EMAIL: ir@sanlam.co.za
        the African continent, with a niche presence in Asia. Sanlam   WEBSITE: www.sanlam.com
        is  a  market  leader  in  life  insurance,  general  insurance  and   COMPANY SECRETARY: Adela Fortune
        investment management in its home market of South Africa   TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        as well as other countries across the African continent. With a   SPONSOR: Standard Bank of South Africa Ltd.
        history spanning over a century of serving clients, Sanlam has   AUDITORS: KPMG Inc., PwC Inc.
        a well-established brand, leading industry skills and expertise,   BANKERS: Absa Bank Ltd.
        and high levels of customer loyalty.
        Sanlam offers unrivalled long-term growth potential through   CALENDAR  Expected  Status
        a unique platform that positions them to grow in countries   Next Interim Results  Sep 2025  Unconfirmed
        with low insurance penetration and high long-term economic   Next Final Results  Mar 2026  Unconfirmed
        growth  prospects.  As  Sanlam  grows,  it  contributes  to   Annual General Meeting  Jun 2026  Unconfirmed
        developing financial service industries in the countries where   CAPITAL STRUCTURE  Authorised  Issued
        it operates. Sanlam’s innovative partnership approach brings   SLM  Ords 1c ea    4 000 000 000    2 117 153 949
        scale and reach to its operations while supporting shared value   DISTRIBUTIONS [ZARc]
        creation and financial inclusion. Sanlam works hard to retain   Ords 1c ea  Ldt  Pay  Amt
        its clients’ trust and its leading reputation by maintaining the   Final No 27  1 Apr 25  7 Apr 25  445.00
        highest  ethical  and  governance  standards  and  ensuring  it   Final No 26  2 Apr 24  8 Apr 24  400.00
        shares the benefit of its vast financial resources by investing   Final No 25  3 Apr 23  11 Apr 23  360.00
        for good. This, coupled with resilient and consistent financial   Final No 24  5 Apr 22  11 Apr 22  334.00
        performance,  underpinned  by  a  strong  capital  base  and   LIQUIDITY: Jun25 Avg 22m shares p.w., R1 863.6m(54.2% p.a.)
        excellent operational cash generation, ensures the long-term
        sustainability of its business.             SANLAM  40 Week MA  LIFE          10000
       SECTOR: Fins--Insurance--Life Insurance--Life Insurance                        9000
       MAJOR ORDINARY SHAREHOLDERS as at 8 Feb 2025                                   8000
        Government Employees Pension Fund (PIC)   14.53%
        Ubuntu-Botho Investments (Pty) Ltd.   13.81%                                  7000
        Ninety One SA (Pty) Ltd.         5.08%                                        6000
       FINANCIAL STATISTICS                                                           5000
                   Dec 24   Dec 23   Dec 22   Dec 21   Dec 20
       (R million)                                                                    4000
                    Final Final(rst) Final(rst) Final(rst) Final(rst)  2021  2022  2023  2024  2025
       FundsFmClients*  234 218  206 220  109 702  177 807  132 866
       Financial Ser*  25 139  18 830  13 777  14 327  4 171  RECENT ANNOUNCEMENTS
       NetIntPd(Rcvd)*  1 243  1 106  821  714  835
       Tax on op inc*  7 909  7 079  3 464  5 352  3 805  Tuesday,  17  June  2025:  Shareholders  were  referred  to  the
       Minority Int*  2 471  2 008  733  960  684   following announcements published on the Stock Exchange
       Core Earnings*  19 133  11 595  11 227  9 026  718
       TotCompIncLoss  21 782  16 846  11 672  13 368  4 545  News  Service  of  the  JSE  Ltd.:1.  The  joint  announcement
       Hline Erngs-CO  19 779  10 985  9 687  9 041  7 104  released  by  Sanlam  and  Ninety  One  on  Thursday,  06
       Fixed Ass    2 674  2 550  1 776  4 312  4 344  March 2025, which set out details of the execution of key
       Inv & Loans  998 644  827 309  773 272  815 914  812 948  Operative Agreements related to the (i) SA Transaction and
       Def Tax Asset  1 409  1 619  1 630  3 319  2 843
       Tot Curr Ass  56 090  57 294  58 047  86 277  89 451  (ii) UK Transaction; and 2. The Ninety One announcement
       SH Funds    100 961  88 530  84 577  82 147  64 712  published  on  Tuesday,  17  June  2025,  confirming  that
       Minority Int  9 194  8 375  14 381  14 387  12 512  Ninety One plc has allotted and issued 13 675 595 shares
       LT Liab     988 702  827 374  850 790  901 200  757 290  to Sanlam Investments UK Ltd., wholly owned by Sanlam,
       Tot Curr Liab  34 687  33 038  30 612  53 393  108 156
       PER SHARE STATISTICS (cents per share)       as consideration for the UK Transaction. All the suspensive
       Core EPS(ZARc)  1 067.60  702.60  598.20  459.40  34.80  conditions to the UK Transaction have been fulfilled, and
       HEPS-C (ZARc)  950.00  533.10  422.30  438.40  344.50  that the UK Transaction was implemented on Monday, 16
       Pct chng p.a.  78.2  26.2  - 3.7  27.3  - 4.8  June  2025. The  consideration  represents  an  approximate
       Tr 5yr av grwth %  24.6  5.2  - 1.7  - 1.2  - 5.4
       DPS (ZARc)  445.00  400.00  360.00  334.00  300.00  1.5% equity stake in Ninety One on a dual-listed company
       Pct chng p.a.  11.3  11.1  7.8  11.3  - 10.2  basis, based on Ninety One’s total issued share capital as at
       Tr 5yr av grwth %  6.3  5.4  4.7  4.8  4.4   30 May 2025.
       NAV PS (ZARc)  4 768.83  3 999.55  3 797.97  3 688.85  2 856.16
       3 Yr Beta     1.04  0.76  1.12  1.06  1.10  Thursday, 05 June 2025: Shareholders were advised that the
       Price High   9 161  7 431  7 320  6 546  8 109  special  and  ordinary  resolutions  proposed  in  the  notice
       Price Low    6 150  4 843  4 686  5 229  3 850  to shareholders dated 27 March 2025 were passed by the
       Price Prd End  8 688  7 280  4 872  5 936  5 875  requisite majority of votes of shareholders in attendance or
       RATIOS                                       represented by proxy at the 27th annual general meeting
       Ret on SH Fnd  22.55  17.54  14.00  11.76  1.82
       Ret On Tot Ass*  2.62  2.11  1.56  1.49  0.56  held on Wednesday, 04 June 2025 at 14:00.
       Oper Pft Mgn  10.73  9.13  12.56  8.06  3.14
       D:E           1.52  1.58  2.02  2.09  1.71
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