Page 209 - Profile's Stock Exchange Handbook - 2025 Issue 3

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

Tsogo Sun Ltd. Universal Partners Ltd.

ISIN: MU0526N00007 SHORT: UPARTNERS CODE: UPL
REG NO: 138035C1/GBL FOUNDED: 2016 LISTED: 2016
NATURE OF BUSINESS: Universal Partners is a permanent capital
investment holding company. Universal Partners seek investments
ISIN: ZAE000273116 SHORT: TSOGO SUN CODE: TSG in high-potential, growth businesses, with a focus on the United
REG NO: 1989/002108/06 FOUNDED: 1989 LISTED: 1991 Kingdom, and Europe. Twenty percent of the company’s funds
NATURE OF BUSINESS: Tsogo Sun is engaged principally in the may be allocated to other regions. The company’s experienced
gaming, entertainment and hospitality industry. leadership team is recognised for its strong track record of
SECTOR: ConsDisr--Travel&Leis--Travel&Leis--Casino&Gambling managing and growing successful businesses. Universal Partners
NUMBER OF EMPLOYEES: 8 465 provide growth capital to high quality businesses that meet their
DIRECTORS: du Toit C G (CEO & FD), Copelyn J A (Chair, ne), Golding investment criteria. The company adds value by drawing on their
M J A (ind ne), Mabuza B A (ld ind ne), Mall F (ind ne), Mphande V E extensive experience to offer strategic direction to the companies
(ind ne), Shaik Y (ne), Watson R D (ind ne) they partner with. Universal Partners are patient investors with a
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025 permanent capital structure and are committed to achieving the
Hosken Consolidated Investments Ltd. (Indirectly) 50.06% best long-term outcomes for both the businesses they invest in
POSTAL ADDRESS: Private Bag X190, Bryanston, 2021 and for their investors.
EMAIL: companysecretary@tsogosun.com SECTOR: Fins--FinServcs--InvBnkng&BrokerServcs-- DiversFinServcs
WEBSITE: www.tsogosun.com NUMBER OF EMPLOYEES: 0
TELEPHONE: 011-510-7700 DIRECTORS: Chan F (ne, Mau), Nakey-Kurnauth T N (ne), Page N (ind ne),
COMPANY SECRETARY: Tsogo Sun Casino Management Company Rubenstein D (ne), Spellins G (ind ne, UK), Ooms M (Chair, ind ne),
(Pty) Ltd. Joubert P (CEO), Vinokur D (CFO)
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
SPONSOR: Investec Bank Ltd. Glenrock Lux Pe No2 S.C.SP. 18.52%
AUDITORS: Deloitte & Touche Inc. Glenrock Lux PE No1 S.C.SP. 15.59%
Peresec Nominees Ltd. 13.76%
CAPITAL STRUCTURE Authorised Issued POSTAL ADDRESS: Level 3, Alexander House, 35 Cybercity, Ebene,
TSG Ords 2c ea 1 200 000 000 1 042 596 816 Mauritius, 72201
DISTRIBUTIONS [ZARc] MORE INFO: www.sharedata.co.za/sdo/jse/UPL
Ords 2c ea Ldt Pay Amt COMPANY SECRETARY: Intercontinental Trust Ltd.
Final No 33 22 Jul 25 28 Jul 25 30.00 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Interim No 32 17 Dec 24 23 Dec 24 30.00 SPONSOR: Java Capital Trustees and Sponsors (Pty) Ltd.
AUDITORS: Nexia Baker & Arenson Chartered Accountants
LIQUIDITY: Jun25 Avg 5m shares p.w., R52.0m(25.3% p.a.) CAPITAL STRUCTURE Authorised Issued
TSOGO SUN 40 Week MA TRAV UPL Ords no par - 72 894 199
1400
DISTRIBUTIONS [GBPp]
1200
Ords no par Ldt Pay Amt
1000 Quarterly No 2 30 May 23 6 Jun 23 10.00
Final No 1 23 Nov 21 29 Nov 21 20.70
800
LIQUIDITY: Jul25 Avg 79 866 shares p.w., R1.3m(5.7% p.a.)
600
UPARTNERS 40 Week MA GENF
400 3500
200
2021 2022 2023 2024 2025 3000
NOTE: Tsogo Sun Gaming Ltd. renamed to Tsogo Sun Ltd. on 31 May
2023 and commenced trading under new name on 13 June 2023. 2500
FINANCIAL STATISTICS
Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 2000
(R million) Final Final Final Final Final
Turnover 11 155 11 503 11 318 8 938 5 686 2021 2022 2023 2024 2025 1500
Op Inc 2 436 2 881 2 992 2 676 977
NetIntPd(Rcvd) 709 705 606 766 944
Tax 535 640 627 478 - 3 FINANCIAL STATISTICS
Minority Int - 50 15 24 29 7 (GBP ’000) Mar 25 Jun 24 Jun 23 Jun 22 Jun 21
Att Inc 1 244 1 530 1 744 1 405 21 Quarter Final Final Final Final
TotCompIncLoss 1 004 1 264 1 916 1 710 - 297 NetRent/InvInc - 553 87 - 222 - 4 118 - 5 637
Hline Erngs-CO 1 471 1 761 1 592 1 153 - 32 Total Inc - 553 87 - 222 - 4 118 - 5 637
Fixed Ass 8 116 8 294 8 263 8 109 8 560 Attrib Inc - 1 660 - 279 - 3 062 13 977 25 897
Inv in Assoc 32 35 26 27 33 TotCompIncLoss - 1 660 - 279 - 3 062 13 977 25 897
Inv & Loans 1 562 1 487 1 449 1 188 1 025 Ord UntHs Int 85 524 94 166 94 445 104 637 105 092
Def Tax Asset 56 53 69 92 130 Investments 91 257 84 375 83 205 109 300 80 112
Tot Curr Ass 1 008 1 179 1 121 1 433 1 287 Tot Curr Ass 818 11 426 22 764 2 795 45 861
Ord SH Int 5 128 4 759 4 515 3 152 1 471 Total Ass 94 535 98 260 108 429 118 534 125 973
Minority Int 44 111 90 120 113 Tot Curr Liab 3 564 3 480 4 624 5 911 20 881
LT Liab 7 906 9 602 10 091 9 134 11 943 PER SHARE STATISTICS (cents per share)
Tot Curr Liab 2 173 1 301 1 294 3 374 2 148 HEPS-C (ZARc) - 53.10 - 8.95 - 90.14 389.62 741.78
PER SHARE STATISTICS (cents per share) DPS (ZARc) - - - - 425.13
EPS (ZARc) 120.00 147.00 167.00 134.32 2.00 NAV PS (ZARc) 2 778.84 2 975.48 3 102.62 2 847.24 2 883.20
HEPS-C (ZARc) 142.00 169.00 152.00 110.20 - 3.10 3 Yr Beta 0.04 - 0.21 - 0.01 - 0.17
DPS (ZARc) 60.00 70.00 87.00 19.00 - Price Prd End 2 150 2 200 2 400 2 043 1 750
NAV PS (ZARc) 493.08 458.04 431.64 301.31 140.63 Price High 2 200 2 500 2 450 2 500 2 200
3 Yr Beta 0.60 0.54 1.41 2.41 2.23 Price Low 1 900 1 800 1 800 1 573 1 389
Price High 1 350 1 312 1 387 1 300 720 RATIOS
Price Low 818 1 030 1 021 599 171 RetOnSH Funds - 7.76 - 0.30 - 3.24 13.36 24.64
Price Prd End 825 1 088 1 211 1 204 650 RetOnTotAss - 2.34 0.09 - 0.20 - 3.47 - 4.47
RATIOS Debt:Equity 0.06 0.01 0.10 0.08 -
Ret on SH Fnd 23.09 31.72 38.39 43.83 1.77 OperRetOnInv - 2.42 0.10 - 0.27 - 3.77 - 7.04
Ret On Tot Ass 15.82 19.41 21.40 17.17 0.22 OpInc:Turnover - 27 650.00 6.13 - 10.56 - 429.41 - 789.50
Oper Pft Mgn 21.84 25.05 26.44 29.94 17.18
D:E 1.44 1.67 1.84 2.98 7.14
Current Ratio 0.46 0.91 0.87 0.42 0.60
207