Page 127 - Profile's Stock Exchange Handbook - 2025 Issue 4
P. 127

Profile’s Stock Exchange Handbook: 2025 - Issue 4                        JSE - GRO
            Growthpoint Properties Ltd.                     Hammerson plc

       ISIN: ZAE000179420   SHORT: GROWPNT   CODE: GRT  ISIN: GB00BK7YQK64   SHORT: HAMMERSON   CODE: HMN
       REG NO: 1987/004988/06   FOUNDED: 1987   LISTED: 1987  REG NO: 360632   FOUNDED: 1940   LISTED: 2016
       NATURE  OF  BUSINESS:  Growthpoint  is  the  largest  South  African   NATURE OF BUSINESS: Hammerson is the largest UK-listed, pure-
        primary JSE-listed REIT with a quality portfolio of 528 (FY23: 535)   play owner and manager of prime retail and leisure anchored city
        properties across three major business units:   destinations across the UK, France and Ireland.
        *South Africa (SA)                       SECTOR: RealEstate--RealEstate--REITS--Retail
        *Growthpoint Investment Partners (GIP)    NUMBER OF EMPLOYEES: 138
        *Offshore portfolio.                     DIRECTORS: Annous H (ind ne), Brunel M (ind ne, France),
        The South African business, representing 53.7% of total property   Butterworth M (snr ind ne, British), Metz A (ind ne, USA), Welch C
        assets, is diversified across the retail, office, industrial, and trading   (ind ne, British), Noel R (Chair, ne, British), Gagné R (CE, Canada),
        and development (T&D) sectors, located in economic nodes in the   Raja H (CFO)
        major metropolitan areas. It also includes a 50% investment in the   MAJOR ORDINARY SHAREHOLDERS as at 10 Sep 2025
        V&A Waterfront (V&A) which is a mixed-use portfolio in Cape Town.   APG Asset Management NV   17.96%
        The T&D sector develops commercial property for Growthpoint’s   Coronation Fund Managers   9.01%
        own balance sheet as well as for third parties.  BlackRock, Inc.             4.99%
       SECTOR: RealEstate--RealEstate--REITS--Diversified  POSTAL ADDRESS: Marble Arch House, 66 Seymour Street, London,
       NUMBER OF EMPLOYEES: 649                   W1H 5BX
       DIRECTORS: Berkeley F M (ind ne), Hamman M (ind ne), Raphiri C D   MORE INFO: www.sharedata.co.za/sdo/jse/HMN
        (ind ne), Sangqu A H (ld ind ne), Wilton E (ind ne), Gasant R    COMPANY SECRETARY: Alex Dunn
        (Chair, ind ne), Sasse L N (Group CE), de Klerk E K (MD), Völkel G (FD)  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
       MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2025   AUDITORS: PwC LLP
        Public Investment Corporation (SOC) Ltd.   19.36%   CAPITAL STRUCTURE  Authorised  Issued
        Sesfikile Capital (Pty) Ltd.       5.52%   HMN   Ords GBP5p ea        -      532 054 593
        Meago (Pty) Ltd.                   4.73%
       POSTAL ADDRESS: PO Box 78949, Sandton, 2146  DISTRIBUTIONS [GBPp]
       MORE INFO: www.sharedata.co.za/sdo/jse/GRT  Ords GBP5p ea   Ldt       Pay      Amt
       COMPANY SECRETARY: Johan de Koker         Interim No 16   2 Sep 25  16 Oct 25  7.94
       TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.  Final No 15  22 Apr 25  3 Jun 25  8.07
       SPONSOR: Investec Bank Ltd.               LIQUIDITY: Oct25 Avg 3m shares p.w., R179.7m(26.8% p.a.)
       AUDITORS: Ernst & Young Inc.
       CAPITAL STRUCTURE      Authorised  Issued   HAMMERSON  40 Week MA  REIV       100000
       GRT     Ords no par     5 000 000 000    3 430 787 066
       DISTRIBUTIONS [ZARc]                                                          80000
       Ords no par       Ldt      Pay       Amt                                      60000
       Final No 79    14 Oct 25  20 Oct 25  63.30
       Interim No 78  14 Apr 25  22 Apr 25  61.00                                    40000
       LIQUIDITY: Oct25 Avg 48m shares p.w., R642.9m(73.3% p.a.)
                                                                                     20000
         GROWPNT  40 Week MA  REIV
                                           2200                                      0
                                                  2021   2022   2023   2024   2025
                                           2000
                                           1800  NOTE: Hammerson plc underwent a share consolidation of 10:1
                                                  share on 30 September 2024.
                                           1600
                                                 FINANCIAL STATISTICS
                                           1400               Jun 25   Dec 24  Dec 23   Dec 22   Dec 21
                                           1200  (GBP million)
                                                             Interim  Final  Final  Final Final(rst)
                                           1000  NetRent/InvInc  25   23    26   30    137
                                           800   Total Inc      45    73    71   14    152
        2021   2022   2023   2024   2025
                                                 Attrib Inc     79   - 526  - 51  - 164  - 429
       FINANCIAL STATISTICS                      TotCompIncLoss  87  - 545  - 92  - 142  - 449
                    Jun 25   Jun 24  Jun 23   Jun 22   Jun 21   Ord UntHs Int  1 848  1 821  2 463  2 586  2 746
       (R million)                               Investments   1 953  2 584  2 598  2 813  3 023
                     Final  Final  Final  Final  Final
       Net Rent      8 673  8 218  8 883  8 700  9 077  FixedAss/Prop  -  35  34  35   34
       Total Inc     8 913  8 453  9 192  8 867  9 215  Tot Curr Ass  644  828  554  350  475
       Attrib Inc    5 458  1 269  2 356  7 937  - 497  Total Ass  3 592  3 476  4 328  4 536  4 914
       TotCompIncLoss  2 692  - 1 407  6 879  12 854  - 3 314  Tot Curr Liab  483  450  241  185  180
       Ord UntHs Int  67 325  68 267  71 911  71 212  66 410  PER SHARE STATISTICS (cents per share)
       Investment pro  121 983  135 294  138 590  133 161  126 452  HEPS-C (ZARc)  240.53  271.56  387.70  484.30  203.30
       Listed Investm  1 212  1 661  1 576  1 489  1 122  DPS (ZARc)  192.83  376.29  359.40  38.98  79.49
       Tot Curr Ass  3 156  3 582  5 263  5 315  4 718  NAV PS (ZARc)  281.53  8 750.50 9 296.40 11 530.40 12 954.00
       Total Ass   152 179  165 737  171 976  164 729  154 455  3 Yr Beta  2.09  2.31  2.09  2.41  2.18
       Tot Curr Liab  3 500  4 349  5 162  4 464  5 388  Price Prd End  7 426  6 670  6 800  4 950  7 190
       PER SHARE STATISTICS (cents per share)    Price High    7 493  7 550  6 930  8 350  8 990
       HEPS-C (ZARc)  160.90  104.01  149.61  211.14  169.98  Price Low  5 221  5 350  4 720  3 530  3 920
       DPS (ZARc)   124.30  117.10  130.10  128.40  118.50  RATIOS
       NAV PS (ZARc)  1 988.00  2 020.00 2 151.00  2 158.00  2 023.00  RetOnSH Funds  -  - 28.90  - 2.09  - 6.35  - 15.63
       3 Yr Beta     0.98  0.97  0.94  1.17  1.11  RetOnTotAss   -   2.10  1.66  0.16  3.42
       Price Prd End  1 339  1 218  1 166  1 235  1 490  Debt:Equity  0.81  0.85  0.70  0.68  0.72
       Price High    1 475  1 325  1 509  1 610  1 532  OperRetOnInv  -  0.89  1.00  1.04  4.49
       Price Low     1 152  914  1 129  1 212  1 040  OpInc:Turnover  30.69  19.16  19.51  22.60  100.00
       RATIOS
       RetOnSH Funds  6.61  - 0.14  2.00  12.35  0.58
       RetOnTotAss   6.94  5.85  5.99  5.65  5.72
       Debt:Equity   0.77  0.85  0.77  0.72  0.80
       OperRetOnInv  7.04  6.00  6.34  6.46  7.12
       OpInc:Turnover  63.92  63.72  64.65  66.68  69.15           does
                                                    Scan to visit
                                                    our website
                                              125
   122   123   124   125   126   127   128   129   130   131   132