Analysis of shareholders

Number Percentage
of ordinary of ordinary Number of
shares held shares held shareholders
An analysis of the register of members as at 31 March 2015 revealed the following categories of membership
1 – 1 000 750 702 0.2 1 910
1 001 – 10 000 3 995 060 0.9 1 211
10 001 – 100 000 13 361 352 2.9 369
100 001 – 1 000 000 61 059 783 13.2 198
Over 1 000 000 381 563 660 82.8 38
  460 730 557 100.0 3 726

Of the total number of shareholders, 3 335 held their shares in dematerialised form while 391 remained as certificated holders. Of the total number of shares in issue, 48.6% has been dematerialised. The holding company has elected to hold its shares in certificated form.

A further analysis of the register reveals the following categories of members:

Number Percentage
of ordinary of ordinary Number of
  shares held shares held shareholders
Pension funds 82 043 860 17.8 162
Unit trusts 68 951 730 15.0 97
Banks 30 884 910 6.7 70
Insurance companies 7 253 318 1.6 31
Individuals 4 911 251 1.1 2 594
Other corporate bodies 266 685 488 57.8 772
  460 730 557  100.0 3 726

Disclosures by nominee shareholders
Pursuant to the provisions of section 56 of the Companies Act, following beneficial shareholdings equal to or exceeding 5% of the total issued shares in the company have been determined from an analysis of the statutory disclosures submitted by nominee companies:

Number Percentage
of ordinary of ordinary
shares held shares held
ABF Overseas Limited 236 569 232 51.3
Allan Gray Limited 74 023 679 16.1
Public Investment Corporation 33 581 890 7.3
Investec Asset Management 29 947 781 6.5

It should be noted that beneficial shareholders who are investment managers, will hold shares on behalf of clients, and may not hold the relevant voting rights.

Number Percentage
of ordinary of ordinary Number of
Shareholder spread shares held shares held shareholders
Non-public shareholders
Holding company 236 569 232 1
Directors 341 925 6
Employees and former employees holding shares in terms of the Illovo Sugar 1992 Share Option Scheme 1 237 766 54
Trustees of the Illovo Sugar Employees’ Share Purchase Trust 279 025 1
238 427 948 51.7 62
Public shareholders 222 302 609 48.3 3 664
  460 730 557 100.0 3 726

AGM

Date: Wed, 15 July

Time: 14:00

Venue: Illovo Sugar Park


Notice of AGM

Proxy

Contact Us

Illovo Sugar Park, 1 Montgomery Drive, Mount Edgecombe, KwaZulu-Natal

Tel: +27 31 508 4300