Page 197 - Profile's Stock Exchange Handbook - 2025 Issue 4

Profile’s Stock Exchange Handbook: 2025 - Issue 4 JSE - SOU
Southern Palladium Ltd. Southern Sun Ltd.

ISIN: AU0000220808 SHORT: SOUTH PD CODE: SDL
REG NO: ABN59646391899 FOUNDED: 2020 LISTED: 2022
NATURE OF BUSINESS: Southern Palladium Ltd. (ASX:SPD,
JSE:SDL) is a dual-listed PGM company developing the advanced
Bengwenyama PGM project, particularly rich in palladium/ ISIN: ZAE000272522 SHORT: SSU CODE: SSU
rhodium, in South Africa. The project is located on the Eastern Limb REG NO: 2002/006356/06 FOUNDED: 1969 LISTED: 2019
of the Bushveld Complex, which contains more than 70% of the NATURE OF BUSINESS: Southern Sun is Southern Africa’s leading
world’s known PGM Resources. With its 70% stake in the project, hospitality group, comprising over 90 hotels and resorts, a wide
the Company’s focus will target the delivery of an established 2Moz selection of restaurants and more than 300 conference and
Ore Reserve at Bengwenyama through geophysical mapping, banqueting venues located in South Africa, Africa, Seychelles, and
a twophase diamond drill programme, technical studies and the Middle East.
submitting a mining right application. SECTOR: ConsDisr--Travel&Leis--Travel&Leis--Hotels&Motels
SECTOR: Basic Materials--Basic Resrcs--PreciousMet&Min--Plat&PrecMet NUMBER OF EMPLOYEES: 6 163
NUMBER OF EMPLOYEES: 0 DIRECTORS: Ahmed M H (ld ind ne), Gina S C (ind ne),
DIRECTORS: Nkosi-Thomas Adv L (ne), Stirzaker M (ind ne), Thomson R Molefi Dr L M (ind ne), Ngcobo J G (ind ne), Nicolella J R (ne),
(ind ne), van Heerden D (ne), Baxter R (Chair), Odendaal N J (CEO) September C C (ind ne), Copelyn J A (Chair, ne),
MAJOR ORDINARY SHAREHOLDERS as at 11 Aug 2025 von Aulock M N (CEO), McDonald L (CFO)
Robert Napier Keith 13.83% MAJOR ORDINARY SHAREHOLDERS as at 1 Sep 2025
Nicolas Daniel Resources (Pty) Ltd. 11.83% TIH Prefco (RF) (Pty) Ltd. 41.00%
Nurinox Investments (Pty) Ltd. 9.28% Government Employees Pension Fund 8.51%
POSTAL ADDRESS: Level 1, 283 George Street, Sydney, NSW, 2000 Allan Gray 7.76%
MORE INFO: www.sharedata.co.za/sdo/jse/SDL POSTAL ADDRESS: Private Bag X200, Bryanston, 2021
COMPANY SECRETARY: Andrew Cooke EMAIL: companysecretary@southernsun.com
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. WEBSITE: www.southernsun.com
SPONSOR: Merchantec Capital TELEPHONE: 011-461-9700
AUDITORS: BDO Audit (WA) (Pty) Ltd. COMPANY SECRETARY: L R van Onselen
CAPITAL STRUCTURE Authorised Issued TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
SPONSOR: Investec Bank Ltd.
SDL Ords no par val - 106 950 000 AUDITORS: Deloitte & Touche Inc.
LIQUIDITY: Oct25 Avg 50 014 shares p.w., R342 376.7(2.4% p.a.) CAPITAL STRUCTURE Authorised Issued
SSU Ords no par val 2 000 000 000 1 351 312 622
SOUTH PD 40 Week MA ALSH
10000
DISTRIBUTIONS [ZARc]
8000 Ords no par val Ldt Pay Amt
Final No 2 10 Jun 25 17 Jun 25 25.00
6000 Final No 1 11 Jun 24 18 Jun 24 12.50
LIQUIDITY: Sep25 Avg 7m shares p.w., R56.7m(25.7% p.a.)
4000
SSU 40 Week MA TRAV
2000 1000
900
0 800
2023 2024 2025
700
FINANCIAL STATISTICS 600
Jun 25 Jun 24 Jun 23 Jun 22 500
(R ‘000) 400
Final Final Final Final
Wrk Pft - 1 708 - 1 353 - 1 014 - 1 352 300
NetIntPd(Rcd) - 1 043 - 906 - 325 - 200
100
Att Inc - 4 779 - 6 725 - 7 176 - 2 498 2021 2022 2023 2024 2025
TotCompIncLoss - 3 765 - 6 395 - 9 345 - 2 570
Ord SH Int 29 036 24 975 31 185 40 279 FINANCIAL STATISTICS
Cap Employed 29 036 24 975 31 185 40 279 (R million) Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Inv & Loans 19 763 19 659 19 719 22 663 Final Final Final Final(rst) Final(rst)
Tot Curr Ass 9 972 5 453 11 565 18 026 Turnover 6 609 6 047 5 386 2 604 1 163
1 292
239
- 656
Op Inc
1 562
1 394
Tot Curr Liab 699 138 99 410 NetIntPd(Rcvd) 219 291 306 351 346
PER SHARE STATISTICS (cents per share) Tax 420 327 270 - 2 - 148
HEPS-C (ZARc) - 62.33 - 91.95 95.60 - 199.26 Minority Int - 2 - - - - 86
- 896
NAV (ZARc) 371.52 338.97 415.26 3 175.52 Att Inc 1 024 856 1 014 - 156 - 1 269
938
987
- 144
TotCompIncLoss
1 054
3 Yr Beta - 0.85 - - - Hline Erngs-CO 1 002 780 763 - 135 - 783
Price Prd End 610 450 599 6 000 Fixed Ass 10 407 10 217 9 897 10 328 10 667
Price High 810 675 4 500 10 001 Inv in Assoc 452 385 374 325 305
Price Low 266 350 500 2 500 Def Tax Asset 355 442 312 298 297
RATIOS Tot Curr Ass 1 019 1 241 1 470 1 254 1 362
Ret on SH fund - 16.46 - 26.93 - 23.01 - 6.20 Ord SH Int 9 327 8 517 8 190 7 209 7 343
- 18
- 23
- 17
Minority Int
97
97
Ret on Tot Ass - 4.68 - 3.84 - 4.51 - 3.36 LT Liab 2 585 3 812 3 927 5 206 4 747
Tot Curr Liab 1 696 1 362 1 407 1 095 1 917
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 76.40 61.70 68.70 - 10.60 - 72.70
HEPS-C (ZARc) 74.80 56.20 51.70 - 9.20 - 63.50
DPS (ZARc) 25.00 12.50 - - -
NAV PS (ZARc) 694.49 637.02 557.90 487.75 496.82
3 Yr Beta 0.33 0.27 0.97 - -
Price High 994 550 580 388 325
Price Low 450 383 295 212 105
Price Prd End 830 505 430 338 212
RATIOS
Ret on SH Fnd 10.98 10.07 12.41 - 2.14 - 13.20
Ret On Tot Ass 10.95 8.91 7.71 - 0.65 - 8.25
D:E 0.30 0.47 0.48 0.72 0.77
195