Page 82 - Profile's Stock Exchange Handbook - 2026 Issue 1

JSE - ARG Profile’s Stock Exchange Handbook: 2026 - Issue 1
Argent Industrial Ltd. Aspen Pharmacare Holdings Ltd.
ISIN: ZAE000019188 SHORT: ARGENT CODE: ART ISIN: ZAE000066692 SHORT: ASPEN CODE: APN
REG NO: 1993/002054/06 FOUNDED: 1994 LISTED: 1999 REG NO: 1985/002935/06 FOUNDED: 1850 LISTED: 1998
NATURE OF BUSINESS: Argent Industrial Ltd. is largely a steel-based NATURE OF BUSINESS: Aspen is a global specialty and branded
beneficiation group with a very diverse portfolio of businesses that pharmaceutical company, improving the health of patients across
include international brands. the world through its high quality and affordable medicines. Active
SECTOR: Inds--IndsGoods&Services--IndsSupptServ--Industrial Supplies at every stage of the value chain, the Group is uniquely diversified
NUMBER OF EMPLOYEES: 1 216 by geography, product, and manufacturing capability.
DIRECTORS: Angus C (ind ne), Christofides P A (ld ind ne), Litschka A F, SECTOR: HlthCare--HtlhCare--Pharmaceutic&Biotech--Pharmaceuticals
Mapasa K (ind ne), Scharrighuisen T (Chair, ne, Dutch), Hendry T R NUMBER OF EMPLOYEES: 9 161
(CEO, British), Meyer H (FD) DIRECTORS: de Beer L (ind ne), Dongwana N P (ind ne), Haman R,
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025 Kruger B J (ld ind ne), Mkhwanazi T M (ind ne), Mortimer C N (ne),
Saxo Bank 16.34% Muthien Dr Y G (ind ne), Redfern D S (ne), Dlamini K D (Chair, ind ne),
Clearstream Banking SA Luxembourg 9.07% Saad S B (Group CE), Capazorio S (CFO)
Citiclient Nominees No 8 7.88% MAJOR ORDINARY SHAREHOLDERS as at 20 Nov 2025
POSTAL ADDRESS: PO Box 5108, La Lucia, Ridge Office Estate, 4019 Government Employees Pension Fund 20.17%
MORE INFO: www.sharedata.co.za/sdo/jse/ART Public Investment Corporation (SOC) Ltd. 20.16%
COMPANY SECRETARY: Jaco Dauth Coronation Asset Management (Pty) Ltd. 15.04%
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. POSTAL ADDRESS: PO Box 1587, Gallo Manor, 2052
SPONSOR: PSG Capital (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/APN
AUDITORS: Forvis Mazars COMPANY SECRETARY: Raeesa Khan
CAPITAL STRUCTURE Authorised Issued TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
ART Ords no par val 200 000 000 53 852 476 SPONSOR: Investec Bank Ltd.
AUDITORS: Ernst & Young Inc.
DISTRIBUTIONS [ZARc] CAPITAL STRUCTURE Authorised Issued
Ords no par val Ldt Pay Amt APN Ords no par val 717 600 000 446 252 332
Interim No 51 15 Dec 25 22 Dec 25 67.00
Final No 50 26 Aug 25 1 Sep 25 67.00 DISTRIBUTIONS [ZARc]
LIQUIDITY: Jan26 Avg 231 172 shares p.w., R6.4m(22.3% p.a.) Ords no par val Ldt Pay Amt
Final No 15 30 Sep 25 6 Oct 25 211.00
Final No 14 17 Sep 24 23 Sep 24 359.00
LIQUIDITY: Jan26 Avg 9m shares p.w., R1 107.2m(106.4% p.a.)

FINANCIAL STATISTICS
Sep 25 Mar 25 Mar 24 Mar 23 Mar 22
(R ‘000)
Interim Final Final Final Final
Turnover 1 421 806 2 635 638 2 544 216 2 459 359 2 432 702 FINANCIAL STATISTICS
Op Inc 195 366 370 172 342 729 304 358 264 259 (R million) Jun 25 Jun 24 Jun 23 Jun 22 Jun 21
NetIntPd(Rcvd) - 2 186 3 463 303 11 597 11 650 Final Final(rst) Final Final Final
Minority Int 4 717 6 790 7 381 5 744 1 868 Turnover 43 363 44 706 40 709 38 606 37 766
Att Inc 142 259 270 016 244 924 230 521 190 208 Op Inc 1 437 6 998 7 822 8 671 7 072
TotCompInc/Loss 126 088 274 986 291 446 298 434 183 017 NetIntPd(Rcvd) 1 560 1 284 1 267 537 1 083
Fixed Ass 584 938 547 312 484 127 481 362 456 745 Att Inc - 1 083 4 404 5 228 6 488 4 806
Tot Curr Ass 1 813 745 1 792 506 1 669 964 1 355 022 1 191 456 TotCompInc/Loss 1 626 137 16 811 8 324 - 3 580
Ord SH Int 1 968 246 1 898 602 1 695 724 1 492 955 1 262 210 Fixed Ass 21 303 19 946 18 495 15 913 14 826
Minority Int 34 029 29 312 26 185 20 038 15 187 Tot Curr Ass 38 702 44 086 44 500 34 561 32 643
LT Liab 179 745 175 751 139 071 156 351 181 097 Ord SH Int 84 893 84 861 86 236 70 942 65 627
Tot Curr Liab 719 642 752 517 653 690 490 245 521 185 LT Liab 33 504 29 900 24 900 17 038 7 306
PER SHARE STATISTICS (cents per share) Tot Curr Liab 17 496 24 302 23 148 23 395 36 700
HEPS-C (ZARc) 261.70 493.30 438.50 411.30 339.20 PER SHARE STATISTICS (cents per share)
DPS (ZARc) 67.00 127.00 115.00 95.00 42.00 HEPS-C (ZARc) 792.10 1 356.60 1 405.40 1 461.20 1 204.30
NAV PS (ZARc) 3 654.90 3 488.10 3 115.40 2 683.60 2 238.30 DPS (ZARc) 211.00 359.00 342.00 326.00 262.00
3 Yr Beta 0.15 0.19 0.24 0.34 0.41 NAV PS (ZARc) 19 023.54 19 016.37 19 412.10 15 944.00 14 377.60
Price High 2 925 2 913 1 940 1 550 1 599 3 Yr Beta 0.49 0.35 0.46 0.96 1.48
Price Low 2 406 1 720 1 380 1 101 880 Price High 25 296 25 199 18 999 28 167 17 328
Price Prd End 2 840 2 510 1 858 1 470 1 348 Price Low 10 575 16 096 12 889 13 221 10 298
RATIOS Price Prd End 11 949 23 331 18 362 13 904 16 209
Ret on SH Fnd 14.68 14.36 14.65 15.62 15.04 RATIOS
Oper Pft Mgn 13.74 14.04 13.47 12.38 10.86 Ret on SH Fnd - 1.28 5.19 6.06 9.15 7.32
D:E 0.10 0.10 0.09 0.12 0.18 Oper Pft Mgn 3.31 15.65 19.21 22.46 18.73
Current Ratio 2.52 2.38 2.55 2.76 2.29 D:E 0.45 0.49 0.38 0.40 0.49
Div Cover 3.93 3.91 3.84 4.35 7.86 Current Ratio 2.21 1.81 1.92 1.48 0.89
Div Cover - 1.16 2.76 3.44 4.39 4.02

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