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 |