Page 92 - Profile's Stock Exchange Handbook - 2025 Issue 3

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

Brimstone Investment British American Tobacco plc
Corporation Ltd. ISIN: GB0002875804 SHORT: BATS CODE: BTI
REG NO: 03407696 FOUNDED: 1902 LISTED: 2008
ISIN: ZAE000015277 SHORT: BRIMSTON CODE: BRT NATURE OF BUSINESS: British American Tobacco (BAT) is one of the
ISIN: ZAE000015285 SHORT: BRIMST-N CODE: BRN world’s leading consumer goods companies, with nicotine and
REG NO: 1995/010442/06 FOUNDED: 1995 LISTED: 1998 tobacco brands sold around the globe. We employ over 55 000
NATURE OF BUSINESS: Brimstone is a black controlled and managed people, partner with over 90 000 farmers and have factories in 48
investment holding company incorporated and domiciled in the countries, with offices in even more.
Republic of South Africa, employing in excess of 5 400 employees SECTOR: CnsStp--FoodBev&Tob--Tobacco-- Tobacco
in its subsidiaries and more than 33 000 in its associates and joint NUMBER OF EMPLOYEES: 89 182
ventures and companies in which it has invested. Brimstone seeks DIRECTORS: Anand K (ne), Guerra K (ind ne, UK), Kemmerich-Keil U
to achieve above average returns for its shareholders by investing (ind ne), Koeppel H (ind ne, USA), Laury V (ne), Thomas D (ind ne, USA),
in wealth creating businesses and entering into strategic alliances Timuray S (ind ne), Jobin L (Chair, ind ne, Can), Marroco T (CEO, Brazil),
to which it contributes capital, innovative ideas, management Benchikh S (CFO)
expertise, impeccable empowerment credentials and a values MAJOR ORDINARY SHAREHOLDERS as at 9 Jul 2025
driven corporate identity. The Capital Group Companies, Inc. 19.01%
SECTOR: Fins--FinServcs--OpEnd&Miscel Inv Veh--OpEnd&Miscel Inv Veh BlackRock, Inc. 5.79%
NUMBER OF EMPLOYEES: 5 400 Spring Mountain Investments Ltd. 5.25%
DIRECTORS: Campher P L (ld ind ne), Hewu M (ind ne), Khan N (ind ne), POSTAL ADDRESS: PO Box 631, Cape Town, 8000
Moodley T, Ndlovu M (ind ne), Parker L A (ind ne), Roman F D (ind ne), MORE INFO: www.sharedata.co.za/sdo/jse/BTI
Wort L (ind ne), Robertson F (Chair), Brey M A (CEO), Fortuin G G (FD) COMPANY SECRETARY: Paul McCrory
POSTAL ADDRESS: PO Box 44580, Claremont, Cape Town, 7735 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/BRT SPONSOR: JP Morgan Equities South Africa Ltd., UBS South Africa (Pty)
COMPANY SECRETARY: Tiloshani Moodley Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. AUDITORS: KPMG LLP
SPONSOR: Nedbank CIB CAPITAL STRUCTURE Authorised Issued
AUDITORS: Ernst & Young Inc. BTI Ords GBP0.25p ea 2 858 265 349 2 342 825 304
CAPITAL STRUCTURE Authorised Issued DISTRIBUTIONS [GBPp]
BRT Ords 0.1c ea 500 000 000 39 874 146 Ords GBP0.25p ea Ldt Pay Amt
BRN NOrds 0.001c ea 1 000 000 000 224 975 962 Quarterly No 51 23 Dec 25 4 Feb 26 60.06
DISTRIBUTIONS [ZARc] Quarterly No 50 30 Sep 25 7 Nov 25 60.06
Ords 0.1c ea Ldt Pay Amt LIQUIDITY: Jul25 Avg 5m shares p.w., R3 530.5m(10.9% p.a.)
Final No 21 14 Apr 25 22 Apr 25 40.00
Final No 20 9 Apr 24 15 Apr 24 40.00 BATS 40 Week MA JSE-TABA 95000
LIQUIDITY: Jul25 Avg 17 367 shares p.w., R89 892.8(2.3% p.a.) 90000
85000
BRIMSTON 40 Week MA FINA
1200 80000
1100 75000
1000 70000
900 65000
800 60000
700 55000
600 50000
2021 2022 2023 2024 2025
500
400 FINANCIAL STATISTICS
300
2021 2022 2023 2024 2025 Dec 24 Dec 23 Dec 22 Dec 21 Dec 20
(GBP million)
Final Final Final Final Final
FINANCIAL STATISTICS Turnover 25 867 27 283 27 655 25 684 25 776
(R million) Dec 24 Dec 23 Dec 22 Dec 21 Dec 20 Op Inc 2 736 - 15 751 10 523 10 234 9 962
1 895
1 098
1 486
1 745
1 641
NetIntPd(Rcvd)
Final Final Final(rst) Final Final(rst)
Operating Prof 31 387 434 620 499 Minority Int 113 178 180 173 164
Total Inc 94 485 528 715 636 Att Inc 3 068 - 14 367 6 666 6 801 6 400
Attrib Inc - 200 291 190 732 - 185 TotCompIncLoss 3 124 - 17 563 15 553 7 796 3 622
TotCompIncLoss - 440 513 628 763 108 Fixed Ass 4 379 4 583 4 867 4 953 5 060
Ord UntHs Int 3 238 3 578 3 324 2 924 2 491 Inv & Loans 146 118 121 50 22
Investments 549 883 1 114 1 084 792 Tot Curr Ass 14 283 14 172 14 642 12 794 13 609
Fixed Assets 13 2 530 2 412 2 257 2 058 Ord SH Int 47 958 50 881 73 683 65 416 62 673
Tot Curr Ass 260 2 623 2 557 2 802 3 088 Minority Int 352 368 342 300 282
Total Ass 5 283 12 256 11 656 10 498 10 344 LT Liab 50 161 50 109 59 983 54 820 59 257
Tot Curr Liab 232 1 509 1 485 1 327 2 201 Tot Curr Liab 18 743 15 673 17 425 15 144 15 478
PER SHARE STATISTICS (cents per share) PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 108.00 71.60 69.00 236.00 - 38.70 HEPS-C (ZARc) 2 406.55 8 414.84 6 707.83 6 438.51 6 232.10
DPS (ZARc) - 40.00 33.00 30.00 - DPS (ZARc) 5 426.92 5 126.93 4 364.38 4 381.40 4 218.50
NAV PS (ZARc) 1 341.00 1 457.00 1 936.07 1 180.00 985.00 NAV PS (ZARc) 51 228.74 53 209.27 65 016.33 61 754.74 54 475.59
3 Yr Beta 0.10 - 0.01 - 0.11 0.01 0.17 3 Yr Beta 0.08 0.09 0.30 0.40 0.61
Price Prd End 504 511 526 630 581 Price High 69 999 71 400 74 444 59 248 73 124
Price High 580 650 900 791 765 Price Low 53 284 52 180 58 500 51 051 49 111
Price Low 435 305 526 381 335 Price Prd End 67 657 54 151 67 410 58 591 54 545
RATIOS RATIOS
RetOnSH Funds - 5.74 8.26 6.76 20.97 - 1.17 Ret on SH Fnd 6.36 - 26.81 9.04 10.35 10.43
RetOnTotAss 9.98 9.38 8.21 10.97 9.04 Oper Pft Mgn 10.58 - 57.73 38.05 39.85 38.65
Debt:Equity 0.53 1.01 1.02 0.98 1.28 D:E 1.09 1.03 0.85 0.87 1.01
OperRetOnInv 11.21 13.33 14.45 20.81 21.38 Current Ratio 0.76 0.90 0.84 0.84 0.88
OpInc:Turnover 1.43 5.99 7.07 12.45 10.81 Div Cover 0.59 - 2.90 1.36 1.38 1.40
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