Page 26 - Profile's Stock Exchange Handbook - 2025 Issue 3

NSX - FNB Profile’s Stock Exchange Handbook: 2025 - Issue 3

FirstRand Namibia Ltd. Forsys Metals Corporation
ISIN: NA0003475176
CODE: FNB ISIN: CA34660G1046 SHORT: FORSYS CODE: FSY
REG NO: 88/024 REG NO: 34660G FOUNDED: 1985 LISTED: 2007
NATURE OF BUSINESS: Forsys Metals is engaged in the business of
FOUNDED: 1988 acquiring, exploring and developing mineral properties. The principal
LISTED: 1997 focus is an emerging uranium producer with 100% ownership of Norasa,
NATURE OF BUSINESS: FirstRand located in Namibia, Africa, which combines the fully licensed Valencia
Namibia Ltd. is the holding Uranium (“Valencia”) and the exploration stage Namibplaas Uranium
company of the FirstRand (“Namibplaas”) projects, into production.
Namibia group of companies.
The group provides banking, insurance and investment products and SECTOR: Basic Materials--Basic Resrcs--Ind Met & Min--General Mining
services to retail, commercial, corporate and public sector customers NUMBER OF EMPLOYEES: 0
through its portfolio of market-leading franchises; FNB, the retail DIRECTORS: Estepa J (ne), Frewin M (ind ne, UK), Matysek P (ind ne),
and commercial bank, RMB, the corporate and investment bank, Rowly M (Chair, ne), Hilmer M (CEO), Hanna D (CFO)
WesBank, an instalment finance provider, FNB Short Term Insurance POSTAL ADDRESS: PO Box 909, Toronto, Ontario, M5C 2K3
Company Ltd., a NAMFISA authorised financial services provider and MORE INFO: www.sharedata.co.za/sdo/jse/FSY
Ashburton Investments, an investment management business. COMPANY SECRETARY: Jorge Estepa
SECTOR: Fins--Banks--Banks--Banks AUDITORS: BDO
NUMBER OF EMPLOYEES: 2 301 CAPITAL STRUCTURE Authorised Issued
DIRECTORS: Balsdon S L (ne), Coetzee J (ind ne), Dempsey C (CE), FSY Ords no par val - 96 875 422
Kapere L D (ind ne), Lubbe M J (ind ne), Nashandi I N (ne), Shikongo
O N (Chair, ind ne), Smit L P (CFO), van Zyl E (ind ne)
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024 FORSYS 40 Week MA 1600
FirstRand EMA Holdings (Pty) Ltd. 58.40% 1400
Government Institutions Pension Fund 15.73% 1200
Old Mutual Life Assurance Company (Namibia) Ltd. 2.81% 1000
POSTAL ADDRESS: PO Box 195, Windhoek, Namibia 800
WEBSITE: www.firstrandnamibia.com.na 600
TELEPHONE: 00264 061-299-2111
COMPANY SECRETARY: N Makemba (Mrs) 400
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. 200
SPONSOR: Cirrus Securities (Pty) Ltd. 2021 2022 2023 2024 2025 0
AUDITORS: Ernst & Young,Ernst & Young Namibia
CAPITAL STRUCTURE Authorised Issued FINANCIAL STATISTICS
FNB Ords of 0.5c ea 990 000 000 267 593 250 (CAD ’000) Mar 24 Dec 23 Dec 22 Dec 21 Dec 20
DISTRIBUTIONS [NADc] Quarter Final Final Final Final
Ords of 0.5c ea Ldt Pay Amt Op Inc - 866 - - 5 767 - - 1 631 - 3 862 - - 765 -
Minority Int
1 294
Interim No 63 20 Mar 25 11 Apr 25 192.32 Att Inc - 866 - 5 824 1 956 - 3 862 - 765
Final No 62 4 Oct 24 25 Oct 24 180.16 TotCompIncLoss - 997 - 7 150 1 682 - 4 974 - 1 683
LIQUIDITY: Jun25 Avg 54 921 shares p.w., R2.6m(1.1% p.a.) Fixed Ass - - - - 10 698
Tot Curr Ass 10 640 12 910 17 044 12 612 923
FIRSTRAND NAMIBIA 40 Week MA Ord SH Int 21 585 22 239 25 169 24 781 14 048
5500
Minority Int - - - 4 4
5000 Tot Curr Liab 1 490 2 035 2 154 78 143
4500 PER SHARE STATISTICS (cents per share)
4000 NAV PS (ZARc) 152.08 157.18 161.77 160.02 96.75
3 Yr Beta 0.02 0.52 0.60 0.50 - 0.14
3500
Price High 1 562 1 138 1 211 1 440 29 600
3000 Price Low 1 044 404 493 311 2
2500 Price Prd End 1 339 1 050 582 1 037 356
RATIOS
2000
2021 2022 2023 2024 2025 Ret on SH Fnd - 16.05 - 26.19 12.91 - 15.58 - 5.44
Current Ratio 7.14 6.34 7.91 161.69 6.45
FINANCIAL STATISTICS
Dec 24 Jun 24 Jun 23 Jun 22 Jun 21
(NAD million) Interim Final Final(rst) Final Final
Interest Paid 1 414 2 966 2 265 1 123 1 154
Interest Rcvd 3 069 6 048 4 961 3 326 3 031
Operating Inc 2 736 5 119 4 704 4 147 3 656
Tax 418 763 755 636 498
NCI - - 3 8 10
Attrib Inc 926 1 704 1 558 1 265 1 022
TotCompIncLoss 926 1 697 1 567 1 271 1 032
Ord SH Int 6 677 6 232 5 984 6 272 5 646
NCI - - - 42 59
Dep & OtherAcc 53 912 52 222 50 255 44 344 35 796
Liabilities 56 457 54 561 52 347 46 170 37 796
Inv & Trad Sec 9 689 8 661 9 949 7 417 7 186
Adv & Loans 39 352 37 745 35 450 31 963 30 207
ST Dep & Cash 12 248 12 755 11 278 11 627 4 257
Total Assets 63 134 60 793 58 331 52 442 43 442
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 346.20 636.60 587.90 483.00 390.90
HEPS-C (ZARc) 345.70 641.20 587.90 484.50 391.20
DPS (ZARc) 192.32 353.68 577.84 472.84 212.00
NAV PS (ZARc) 2 495.00 2 329.00 2 240.00 2 355.00 2 136.00
3 Yr Beta 0.04 0.08 - 0.01 - 0.07
RATIOS
Ret on SH Fund 29.6 27.80 25.50 21.50 19.40
RetOnTotalAss 3.00 2.90 2.80 2.70 2.30
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