Shareholder analysis

Number of
shareholdings
Percentage
of total
shareholdings
Number
of shares
Percentage
of shares
in issue

Shareholder spread

1 – 2 000 shares 246 49,8 154 446 1,0
2 001 – 10 000 shares 128 25,9 643 227 4,2
10 001 – 20 000 shares 37 7,5 521 139 3,4
20 001 – 50 000 shares 49 9,9 1 581 666/th> 10,4
50 001 – 100 000 shares 17 3,4 1 285 499 8,4
Over 100 000 shares 17 3,4 11 077 340 72,6
494 100,0 15 264 317 100,0

Shareholder type

Non-public shareholders
Silverlands (SA) Plantations S.A.R.L 1 6 793 314 44,5
Directors (direct and indirect holdings) 2 40 000 0,3
Associates of directors 3 55 571 0,4
6 1,2 6 888 885 45,1
Public shareholders 488 98,8 8 375 432 54,9
Total 494 100,0 15 264 317 100,0

Shareholder distribution

Trusts 90 18,2 3 498 347 22,9
Stockbrokers and nominees 5 1,0 46 379 0,3
Individuals 330 66,8 2 279 930 14,9
Private companies and other corporations 69 14,0 9 439 661 61,9
Total 494 100,0 15 264 317 100,0

Beneficial shareholders with a holding greater than 5% of the shares inissue

Silverlands (SA) Plantations Sarl 6 793 314 44,5
Ellingham Estate (Pty) Ltd 840 000 5,5
TCB Crookes Grandchildren’s Trust 700 000 5,6
Total 7 633 314 50,0

 

Interests of directors in share capital

At 31 March 2016, the directors of the company held beneficial interests in 262 256 of the company’s issued ordinary shares. The register of interests of directors and managers in the share capital of the company is available for inspection at the registered office of the company. Details of the shares held per individual director, as at 31 March 2016, are listed opposite.

RGF Chance 75 000-

Director 2016

Direct

2016

Indirect

2015

Direct

2015

Indirect

PJ Barker 25 500 25 500
CJH Chance 75 000
TJ Crookes 143 140
GS Clarke 18 616 15 616
44 116 218 140 41 116 75 000

 

In addition, at 31 March 2016, managers of the company held 40 250 shares (2015: 45 250 shares).

Non-executive director Gary Vaughan-Smith and non-executive alternate director Tim Denton represent the interests of, and are directly and indirectly interested in, Silverlands (SA) Plantations Sarl, a wholly-owned subsidiary of SilverStreet Private Equity Strategies SICAR – Silverlands Fund (“the Silverlands Fund”), a private equity fund based in Luxembourg. The Silverlands Fund is managed by SilverStreet Management Sarl (the fund’s General Partner), of which they are directors and shareholders. Both also have invested interests in the Silverlands Fund. Silverlands (SA) Plantations Sarl owned 6 793 314 shares at year end (2015: 4 156 550), representing 44,5% (2014: 33,1%) of the issued share capital of the company.