In this section

Shareholders' analysis

  • Ordinary shareholders
      Shareholder spread Number of
    shareholdings    		   % of total
    shareholdings    		   Number of
    shares    		   % of issued
    capital    		  
      1 – 1 000 shares 981   19.03   386 868   0.07  
      1 001 – 10 000 shares 2 321   45.02   11 421 322   2.06  
      10 001 – 100 000 shares 1 634   31.69   47 309 922   8.53  
      100 001 – 1 000 000 shares 182   3.53   46 118 808   8.32  
      Over 1 000 000 shares 38   0.74   449 140 408   81.02  
      Total 5 156   100.00   554 377 328   100.00  

      Distribution of Shareholders Number of
    shareholdings    		   % of total
    shareholdings    		   Number of
    shares    		   % of issued
    capital    		  
      Individuals 4 578   88.79   118 316 698   21.34  
      Nominees and trusts 304   5.90   37 510 549   6.77  
      Other corporate bodies 127   2.46   56 169 899   10.13  
      Treasury 3   0.06   3 518 605   0.63  
      Private companies 115   2.23   337 255 250   60.83  
      Close corporations 29   0.56   1 606 327   0.29  
      Total 5 156   100.00   554 377 328   100.00  

      Public/non-public Shareholder spread Number of
    shareholdings    		   Number of
    shares    		   % of issued
    capital    		  
      2016            
      Non-public Shareholders 21   289 035 306   52.14  
      Directors 16   261 209 590   47.12  
      Treasury 3   3 518 605   0.63  
      Associate of Directors 2   24 307 111   4.38  
      Public Shareholders 5 135   265 342 022   47.86  
      Total 5 156   554 377 328   100.00  
      2015            
      Non-public Shareholders 22   213 083 713   45.54  
      Directors 17   185 257 997   39.60  
      Treasury 3   3 518 605   0.75  
      Associate of Directors 2   24 307 111   5.20  
      Public Shareholders 5 533   254 771 388   54.46  
      Total 5 555   467 855 101   100.00  

      Major Shareholders holding more than 5% of the issued ordinary share capital Number of
    shares    		   % of issued
    capital    		  
      2016        
      Wad Holdings (Pty) Ltd 88 889 689   16.03  
      Golden Pond Trading 175 (Pty) Ltd 67 519 752   12.18  
      Community Healthcare Holdings (Pty) Ltd 61 826 667   11.15  
      Community Investment Holdings (Pty) Ltd 61 283 522   11.05  
      Total 279 519 630   50.42  
      2015        
      Golden Pond Trading 175 (Pty) Ltd 67 519 752   14.43  
      Community Healthcare Holdings (Pty) Ltd 61 826 667   13.21  
      Community Investment Holdings (Pty) Ltd 61 283 522   13.10  
      AfroCentric Empowerment Trust 32 427 200   6.93  
      Total 223 057 141   47.67  
  • Background to our shareholding structure

    In 2006 AfroCentric embarked on a restructuring and recapitalisation programme.

    At that time, two beneficiaries – which represented a broad base of historically disadvantaged South Africans (“HDSA’s”) – were invited to participate via the formation of the AfroCentric Empowerment Trust (“ACET”). As part of the recapitalisation programme ACET acquired 51% of the AfroCentric ordinary share capital.

    The two beneficiaries of ACET are the South African Council of Churches and the Fort Hare Foundation. Both of these institutions play a pivotal role in the transformation of our country.

    Our largest Shareholders are Community Investment Holdings, the ACET and Golden Pond. They represent the membership of the South African Medical and Dental Practitioners Association, medical professionals who are substantial HDSA's or of HDSA parentage.

  • Preference shareholders

      Shareholder spread No. of Shareholders   %   No. of shares   %  
      1 – 10 000 shares 114   73.08   334 978   2.01  
      10 001 – 25 000 shares 19   12.18   336 428   2.02  
      25 001 – 50 000 shares 6   3.85   259 445   1.56  
      50 001 – 100 000 shares 3   1.92   213 194   1.28  
      100 001 – 500 000 shares 8   5.13   2 060 307   12.38  
      500 001 – 1 000 000 shares 2   1.28   1 178 704   7.08  
      1 000 001 shares and over 4   2.56   12 254 944   73.67  
        156   100.00   16 638 000   100.00  

      Distribution of Shareholders No. of Shareholders   %   No. of shares   %  
      Individuals 126   80.77   9 512 117   57.17  
      Nominees and trusts 14   8.97   3 128 191   18.80  
      Other corporate bodies 8   5.13   550 975   3.31  
      Private companies 6   3.85   3 400 947   20.44  
      Close corporations 2   1.28   45 770   0.28  
        156   100.00   16 638 000   100.00  

      Public/non-public Shareholder spread No. of Shareholders   No. of shares   %  
      2013            
      Non-public Shareholders            
      Directors 2   7 572 962   45.52  
      Associate of Directors 1   2 548 182   15.32  
      Shareholders owning 10% or more of the securities (excluding            
      Directors' indirect beneficial holdings) 2   4 684 982   28.16  
      Public Shareholders 151   1 831 874   11.00  
        156   16 638 000   100.00  
      2012            
      Non-public Shareholders            
      Directors 2   7 569 962   45.50  
      Associate of Directors 1   2 548 182   15.32  
      Shareholders owning 10% or more of the securities (excluding            
      Directors' indirect beneficial holdings) 1   3 136 800   18.85  
      Public Shareholders 142   3 383 056   20.33  
        146   16 638 000   100.00  

      Major Shareholders holding more than 5% of the issued preference share capital No. of shares   %  
      2013        
      JM Kahn 3 784 981   22.75  
      MI Sacks 3 787 981   22.77  
      JDL Trust 2 548 182   15.31  
      Eagle Creek Investments 605 (Pty) Ltd 2 136 800   12.84  
        12 257 944   73.67  
      2012        
      JM Kahn 3 784 981   22.75  
      MI Sacks 3 784 981   22.75  
      JDL Trust 2 548 182   15.31  
      Eagle Creek Investments 605 (Pty) Ltd 3 136 800   18.85  
        13 254 944   79.66  

     

 

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