Page 75 - Profile's Stock Exchange Handbook - 2025 Issue 3

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

African Rainbow Minerals Ltd. TELEPHONE: 011-779-1300
COMPANY SECRETARY: Alyson D’Oyley
TRANSFER SECRETARY: Computershare
Investor Services (Pty) Ltd.
SPONSOR: Investec Bank Ltd.
AUDITORS: Deloitte, KPMG Inc.
BANKERS: ABSA Bank Ltd., FirstRand Bank
Ltd., Nedbank Ltd., Standard Bank of South
Africa Ltd.
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SEGMENTAL REPORTING as at 31 Dec 24 (as a % of Sales)
Ferrous 63.33%
Platinum 30.93%
ISIN: ZAE000054045 SHORT: ARM CODE: ARI Coal 5.74%
REG NO: 1933/004580/06 FOUNDED: 1933 LISTED: 1988
CALENDAR Expected Status
NATURE OF BUSINESS: Next Final Results Sep 2025 Unconfirmed
ARM is a leading diversified South African mining Annual General Meeting Dec 2025 Unconfirmed
company with longlife assets in key commodities. ARM, Next Interim Results Mar 2026 Unconfirmed
its subsidiaries, joint ventures, joint operations and CAPITAL STRUCTURE Authorised Issued
associates explore, develop, operate and hold interests in ARI Ords 5c ea 500 000 000 208 710 769
the mining and minerals industry. DISTRIBUTIONS [ZARc]
The current operational focus is on platinum group metals Ords 5c ea Ldt Pay Amt
(PGMs), base metals, ferrous metals and alloys, coal, iron Interim No 132 1 Apr 25 7 Apr 25 450.00
900.00
7 Oct 24
Final No 131
1 Oct 24
ore, manganese ore and ferromanganese. ARM also has Interim No 130 2 Apr 24 8 Apr 24 600.00
an investment in Harmony Gold Mining Company Ltd. Final No 129 3 Oct 23 9 Oct 23 1200.00
SECTOR: Basic Materials--Basic Resrcs--Ind Met & Min--General Mining LIQUIDITY: Jun25 Avg 3m shares p.w., R531.6m(74.8% p.a.)
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2024 ARM 40 Week MA INDM
African Rainbow Minerals & Exploration Investments 40.02% 35000
Government Employees Pension Fund 7.41% 30000
ARM Broad-Based Economic Empowerment Trust 7.08%
FINANCIAL STATISTICS 25000
Dec 24 Jun 24 Jun 23 Jun 22 Jun 21
(R million) Interim Final Final(rst) Final Final 20000
Turnover 6 381 12 921 16 097 18 406 21 457
Op Inc - 409 76 4 953 8 001 11 418 15000
IntPd - 269 - 868 - 582 - 395 - 158
Tax 257 - 96 1 833 2 736 3 333 2021 2022 2023 2024 2025 10000
Minority Int 53 - 850 1 242 1 938 2 846
Att Inc 1 394 3 146 8 080 12 426 12 626
TotCompIncLoss 496 7 447 11 070 14 412 14 204 RECENT ANNOUNCEMENTS
Hline Erngs-CO 1 520 5 080 8 983 11 338 13 064 Monday, 30 June 2025: Shareholders were advised that on
Fixed Ass 19 007 18 153 16 197 9 645 8 268
Inv in Assoc 22 227 22 808 23 661 24 193 21 472 or about 27 June 2025, Assmang, CRDC, Feralloys, Assore
Investments 11 497 12 857 6 148 4 104 4 210 South Africa (Pty) Ltd. (“Assore”), Assore S.A. PropCo (Pty)
Def Tax Asset 924 921 935 215 274 Ltd. (“Assore SA PropCo”), ARM and Sakura entered into a
Tot Curr Ass 15 154 15 370 16 466 20 685 18 556 number of binding legal agreements, relating to certain
Ord SH Int 52 654 54 006 49 214 46 158 40 194 business interests of Assmang. Each of Assore and ARM holds
Non-Cont Int 4 134 4 081 4 931 4 205 3 582 50% of the issued shares of Assmang. Decisively addressing
LT Liab 8 305 7 111 6 250 5 510 5 956
Tot Curr Liab 4 225 5 494 3 622 3 298 3 357 these business interests of Assmang has been an important
PER SHARE STATISTICS (cents per share) strategic imperative for ARM.
EPS (ZARc) 711.00 1 604.00 4 121.00 6 343.00 6 464.00 Closure of CRW
HEPS-C (ZARc) 775.00 2 591.00 4 582.00 5 787.00 6 688.00 Following the completion of a structured and
Pct chng p.a. - 40.2 - 43.5 - 20.8 - 13.5 134.7 comprehensive consultation proces Assmang has resolved
Tr 5yr av grwth % - 12.4 22.6 36.7 87.6 to permanently close the business and operations of
DPS (ZARc) 450.00 1 500.00 2 600.00 3 200.00 3 000.00 CRW. All affected employees will be retrenched effective
Pct chng p.a. - 40.0 - 42.3 - 18.8 6.7 150.0
Tr 5yr av grwth % - 17.6 32.0 46.6 83.0 31 August 2025.
NAV PS (ZARc) 23 436.00 24 038.00 21 905.00 20 545.00 17 908.00 Disposal of Assets of Assmang
3 Yr Beta 1.39 1.66 1.24 1.83 1.50 The board of directors of Assmang (“Assmang Board”)
Price High 24 476 23 998 31 900 30 641 30 725 approved the sale by Assmang to Assore SA PropCo, a
Price Low 14 830 14 662 19 100 17 895 16 255 wholly-owned subsidiary of Assore, of certain land parcels,
Price Prd End 15 039 22 700 19 901 21 375 25 535 properties and houses on the terms and subject to the
RATIOS conditions contained in a sale agreement signed on
Ret on Equity 5.10 9.40 18.30 24.60 32.50
ROOA 4.92 0.20 15.20 26.40 42.60 27 June 2025 between Assmang, Assore SA Propco, Assore,
Oper Pft Mgn - 6.41 0.70 33.80 47.30 58.10 CRDC, Feralloys and ARM (the “Cato Ridge Transaction”).
Net D:E 0.15 0.13 0.12 0.11 0.14 Disposal of Assmang’s interest in Sakura
Int Cover 1.52 22.90 39.80 56.10 58.10 In addition to the transaction referred to above, Assmang,
Current Ratio 3.59 2.80 4.55 6.27 5.53 Assore SA, Sakura and ARM have entered into a sale
Div Cover 1.58 2.88 3.82 2.89 3.34 agreement which provides (amongst other things) for the
NUMBER OF EMPLOYEES: 23 369 sale by Assmang to Assore of all of the shares in Sakura that
DIRECTORS: Boardman T A (ind ne), Botha A D (ind ne), Kennedy B are held by Assmang (being 54.36% of the issued shares
(ind ne), Mnisi P J (ne), Noko D C (ld ind ne), Nqwababa B (ind ne),
Ramuthaga T G (ind ne), Simelane Dr R V (ind ne), Steenkamp P W of Sakura), subject to certain conditions precedent being
(ind ne), Steenkamp J C (ne), Tobias V P (CEO), Mhlanga T T A (FD), fulfilled (such transaction referred to as the “Sakura Disposal”).
Motsepe Dr P T (Exec Chair), Abbott F (ind ne), Chissano J A (ind ne, Thursday, 26 June 2025: David Collen Noko, the Lead
Moz), Maditse A K (ind ne) Independent Non-Executive Director of ARM, has
POSTAL ADDRESS: PO Box 786136, Sandton, 2146 been appointed to the ARM Remuneration Committee
EMAIL: ir.admin@arm.co.za with effect from and including 30 June 2025.
WEBSITE: www.arm.co.za The full announcements are available on the Stock Exchange
News Service (SENS).
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