Page 78 - Profile's Stock Exchange Handbook - 2026 Issue 2

JSE - ALP Profile’s Stock Exchange Handbook: 2026 - Issue 2
Alphamin Resources Corp. Altron Ltd.

ISIN: MU0456S00006 SHORT: ALPHAMIN CODE: APH ISIN: ZAE000191342 SHORT: ALTRON CODE: AEL
REG NO: C125884 C1/GBL FOUNDED: 1981 LISTED: 2017 REG NO: 1947/024583/06 FOUNDED: 1965 LISTED: 1970
NATURE OF BUSINESS: Alphamin, a Mauritian-domiciled company, NATURE OF BUSINESS: Altron is a proudly South African technology
is a pioneering tin exploration and development company with the group. Since 1965, it has been harnessing the power of data,
vision to be a key player in the international tin mining sector. The technology and human ingenuity to solve real-world problems.
company holds, as its principal investment, a controlling interest SECTOR: Technology--Technology--Software & CompSer--ComputerService
(80.75%) in Alphamin Bisie Mining SA (“ABM”). ABM owns, as its NUMBER OF EMPLOYEES: 4 329
principal asset, a world-class tin mining project (“Bisie tin project”) DIRECTORS: Kouteris G (ind ne), Ngara T R (ne), Rapeti S (ind ne),
which is based in the North Kivu province of the Democratic Siyotula N (ind ne), Snyman C C (CFO), Ball A C (ne), Dawson B W (ne),
Republic of Congo (“DRC”). Gelink G G (ind ne), Mnganga Dr P (ind ne), van Graan S W (Chair, ind ne),
SECTOR: Basic Materials--Basic Resrcs--Ind Met & Min--Nonferrous Met Kapp W (Group CEO)
NUMBER OF EMPLOYEES: 0 MAJOR ORDINARY SHAREHOLDERS as at 28 Feb 2025
DIRECTORS: Bhatti S (ne), Jones B (ind ne), Khowala A (ne), Lynch B (ne), Value Capital Partners (Pty) Ltd. 24.06%
Mikhael Z (ne), Sharma R (ne), Needham C D S (Chair, ne), Coronation Fund Managers Ltd. 22.35%
Smith M (CEO), O’Driscoll E (CFO) Biltron (Pty) Ltd. 13.64%
POSTAL ADDRESS: C2-202, Level 3, Office Block C, La Croisette, POSTAL ADDRESS: PO Box 981, Houghton, Gauteng, South Africa, 2041
Grand Baie, Mauritius, 30517 MORE INFO: www.sharedata.co.za/sdo/jse/AEL
MORE INFO: www.sharedata.co.za/sdo/jse/APH COMPANY SECRETARY: Mbali Ngcobo
COMPANY SECRETARY: Adansonia Management Services Ltd. TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. SPONSOR: Investec Ltd.
SPONSOR: Nedbank Ltd. AUDITORS: PricewaterhouseCoopers Inc.
AUDITORS: PricewaterhouseCoopers Inc. CAPITAL STRUCTURE Authorised Issued
CAPITAL STRUCTURE Authorised Issued AEL A ords no par val 500 000 000 413 932 920
APH Ords no par val - 1 278 910 479 DISTRIBUTIONS [ZARc]
DISTRIBUTIONS [CADc] A ords no par val Ldt Pay Amt
Ords no par val Ldt Pay Amt Interim No 82 18 Nov 25 24 Nov 25 48.00
Quarterly No 8 18 Nov 25 8 Dec 25 4.00 Final No 81 10 Jun 25 17 Jun 25 50.00
Interim No 7 26 Aug 25 15 Sep 25 7.00 LIQUIDITY: Apr26 Avg 2m shares p.w., R34.7m(21.8% p.a.)
LIQUIDITY: Apr26 Avg 88 906 shares p.w., R1.2m(0.4% p.a.)

FINANCIAL STATISTICS
FINANCIAL STATISTICS Aug 25 Feb 25 Feb 24 Feb 23 Feb 22
Dec 25 Dec 24 Dec 23 Dec 22 Dec 21 (R million) Interim Final Final(rst) Final(rst) Final
(USD ‘000)
Final Final Final Final Final Turnover 4 825 9 588 9 063 8 445 7 930
Wrk Revenue 620 888 527 986 288 505 391 052 352 883 Op Inc 492 852 615 540 498
Wrk Pft 273 665 216 178 105 007 190 467 168 279 NetIntPd(Rcvd) 31 87 102 145 146
NetIntPd(Rcd) 4 789 7 556 7 207 4 820 8 358 Minority Int 8 25 23 17 9
Minority Int 31 414 22 442 10 741 20 806 15 362 Att Inc 250 390 - 170 - 4 - 104
Att Inc 147 958 100 777 47 223 100 925 48 205 TotCompInc/Loss 253 355 - 91 73 - 131
TotCompInc/Loss 179 412 123 202 57 940 121 710 - Fixed Ass 309 304 350 415 438
Ord SH Int 381 410 333 535 312 786 320 425 274 727 Inv & Loans 44 - - - -
LT Liab 24 335 21 124 22 800 13 934 9 640 Tot Curr Ass 3 912 4 398 4 448 4 904 3 818
Cap Employed 502 896 435 192 407 275 399 799 341 992 Ord SH Int 4 096 4 015 3 931 4 196 4 248
Mining Ass 324 519 361 387 349 518 263 041 227 720 Minority Int 173 169 146 118 106
Tot Curr Ass 193 760 162 176 129 508 199 513 166 342 LT Liab 1 623 1 612 1 955 2 296 2 098
Tot Curr Liab 82 316 142 585 109 484 90 303 79 158 Tot Curr Liab 2 632 3 267 3 254 2 745 2 312
PER SHARE STATISTICS (cents per share) PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 206.87 144.81 68.30 130.06 59.56 HEPS-C (ZARc) 96.00 178.00 103.00 85.00 51.00
DPS (ZARc) 140.01 77.16 82.15 38.69 36.99 DPS (ZARc) 48.00 90.00 58.00 35.00 30.00
NAV (ZARc) 493.82 493.60 449.08 428.90 366.69 NAV PS (ZARc) 992.10 1 053.00 1 038.00 1 109.00 1 131.94
3 Yr Beta 1.39 1.38 2.14 1.23 0.85 3 Yr Beta 0.44 0.63 0.39 0.21 0.19
Price Prd End 1 480 1 360 1 220 1 010 1 200 Price High 2 469 2 500 1 050 1 000 1 255
Price High 1 500 1 679 1 658 5 025 1 246 Price Low 1 650 1 002 627 670 737
Price Low 651 1 121 951 720 342 Price Prd End 1 883 2 056 1 024 860 740
RATIOS RATIOS
Ret on SH fund 40.11 31.59 15.86 33.13 20.46 Ret on SH Fnd 12.09 9.92 - 3.61 0.30 2.99
Ret on Tot Ass 45.95 36.11 18.93 37.88 37.97 Oper Pft Mgn 10.20 8.89 6.79 6.39 6.28
D:E 0.45 0.54 0.65 0.59 0.19
Current Ratio 1.49 1.35 1.37 1.79 1.65
Div Cover 1.38 1.14 - 0.78 - 0.03 - 0.93
A c omplet e c os t-e ectiv e A c omplet e c os t-e ectiv e
A complete cost-e ective
A complete cost-e ective
eting solution
IR mark
IR marketing solution
IR mark eting solution IR marketing solution
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