1. |
Analysis of registered shareholders and Company schemes
Registered shareholder spread
In accordance with the JSE Listings Requirements, the following table confirms the spread of registered shareholders
as detailed in the annual report and accounts dated 25 September 2020 was:
Registered shareholder spread
| Shareholder spread |
Number of holders |
% of total
shareholders |
Number
of shares |
% of issued
capital |
| 1 – 1 000 shares |
6 194 |
61.3 |
1 240 097 |
0.1 |
| 1 001 – 10 000 shares |
2 127 |
21.1 |
7 256 270 |
0.5 |
| 10 001 – 100 000 shares |
1 070 |
10.6 |
39 274 188 |
2.7 |
| 100 001 – 1 000 000 shares |
548 |
5.4 |
180 278 872 |
12.3 |
| 1 000 001 shares and above |
162 |
1.6 |
1 239 299 735 |
84.4 |
| Total |
10 101 |
100.0 |
1 467 349 162 |
100.0 |
| Public and non-public shareholdings |
|
|
|
|
| Shareholder type |
Number of holders |
% of total
shareholders |
Number
of shares |
% of issued
capital |
| Non-public shareholders* |
11 |
0.11 |
18 846 720 |
1.28 |
|
Directors and associates |
6 |
0.06 |
4 475 185 |
0.30 |
|
Brimstone Investment Corporation Limited |
1 |
0.01 |
1 040 807 |
0.07 |
| |
Life Healthcare employees share trust |
1 |
0.01 |
11 928 195 |
0.81 |
| |
Life Healthcare Provident Fund |
1 |
0.01 |
5 096 |
0.00 |
| |
Life Healthcare Deposit A/C |
1 |
0.01 |
18 692 |
0.00 |
| |
Life Healthcare Group Holdings Limited |
1 |
0.01 |
1 378 745 |
0.09 |
| Public shareholders |
10 090 |
99.89 |
1 448 502 442 |
98.72 |
| Total |
10 101 |
100.00 |
1 467 349 162 |
100.00 |
|
| |
| * |
Includes directors, pension/retirement funds and treasury shares. |
|
2. |
Substantial investment management and beneficial interests Substantial investment management and beneficial interests above 3% |
|
Through regular analysis of STRATE registered holdings, and pursuant to the provisions of section 56 of the
Companies Act, the following shareholders held directly and indirectly equal to or in excess of 3% of the issued share
capital as at 25 September 2020:
| Investment management shareholdings |
|
|
| Investment manager |
Total shareholding |
% |
| Allan Gray Proprietary Limited |
291 000 195 |
19.8 |
| Government Employees Pension Fund (PIC) |
226 855 077 |
15.5 |
| Lazard Asset Management LLC Group |
87 548 807 |
6.0 |
| Old Mutual Limited |
81 478 880 |
5.5 |
| Industrial Development Corporation (IDC) |
69 867 972 |
4.8 |
| BlackRock Inc |
60 759 615 |
4.1 |
| The Vanguard Group Inc |
52 956 230 |
3.6 |
| Total |
870 466 776 |
59.3 |
| Beneficial shareholdings |
Total shareholding |
% |
| PIC |
251 033 116 |
17.1 |
| Allan Gray Balanced Fund |
105 820 737 |
7.2 |
| IDC |
69 867 972 |
4.8 |
| Old Mutual Life Insurance Company Limited |
46 652 296 |
3.2 |
| Total |
473 374 121 |
32.3 |
|
|
Previously disclosed holdings
Investment managers now holding below 3%
| Investment manager |
Total shareholding |
% |
Previous % |
| Sanlam Investment Management |
23 104 042 |
1.6 |
3.7 |
| Coronation Asset Management |
17 336 865 |
1.2 |
5.3 |
| Total |
– |
– |
|
Beneficial owners now holding below 3%
| Beneficial owners |
Total shareholding |
% |
Previous % |
| Total |
– |
– |
– |
|
3. |
Geographic split of shareholders
Geographic split of investment managers and Company-related holdings
| Region |
Total shareholding |
% of issued
capital |
| South Africa |
959 824 361 |
61.3 |
| United States of America and Canada |
278 225 270 |
21.1 |
| United Kingdom |
19 631 281 |
10.6 |
| Rest of Europe |
96 825 086 |
6.6 |
| Rest of World¹ |
112 843 164 |
7.7 |
| Total |
1 467 349 162 |
100.0 |
|
|
|
| Geographic split of beneficial shareholders |
|
|
| Region |
Total shareholding |
% of issued
capital |
| South Africa |
996 016 883 |
67.9 |
| United States of America and Canada |
312 647 136 |
21.3 |
| United Kingdom |
46 335 614 |
3.2 |
| Rest of Europe |
38 774 759 |
2.6 |
| Life Healthcare Provident Fund |
73 574 770 |
5.0 |
| Total |
1 467 349 162 |
100.00 |
| ¹ |
Represents all shareholdings except those in the above regions. |
|
4. |
Shareholder categories
An analysis of beneficial shareholdings, supported by the section 56 enquiry process, confirmed the following beneficial
shareholder types:
| Category |
Total shareholding |
% of issued
capital |
| Pension funds |
472 577 506 |
32.21 |
| Unit trusts |
431 664 849 |
29.42 |
| Government of South Africa |
69 867 972 |
4.76 |
| Insurance companies |
76 277 701 |
5.20 |
| Mutual fund |
91 971 065 |
6.27 |
| Sovereign wealth |
62 532 516 |
4.26 |
| Medical aid scheme |
3 981 448 |
0.27 |
| Trading position |
45 272 119 |
3.08 |
| Charity |
2 250 711 |
0.15 |
| Exchange-traded fund |
30 939 382 |
2.11 |
| American depository receipts |
14 812 898 |
1.01 |
| Other managed funds |
39 142 766 |
2.67 |
| Employees |
11 928 195 |
0.81 |
| Custodians |
14 313 481 |
0.98 |
| Private investor |
53 569 013 |
3.65 |
| Corporate holding |
1 983 281 |
0.14 |
| American depository receipts |
14 812 898 |
1.01 |
| Hedge fund |
1 064 202 |
0.07 |
| University |
6 678 655 |
0.45 |
| Local authority |
2 114 473 |
0.14 |
| Black economic empowerment |
1 627 146 |
0.11 |
| ESG |
403 916 |
0.03 |
| Foreign government |
399 541 |
0.03 |
| Investment trust |
909 404 |
0.06 |
| Remainder |
16 254 024 |
1.11 |
| Total |
1 467 349 162 |
100.00 |
|
|
|
