Shareholder analysis

Company: Royal Bafokeng Platinum Limited
Register date: 28 December 2018
Issued share capital: 210 499 623

Shareholder spread Number of shareholdings % Number of shares %
1 — 1 000 shares 925 59.37 247 292 0.12
1 001 — 10 000 shares 277 17.78 810 066 0.38
10 001 — 100 000 shares 193 12.39 8 588 882 4.08
100 001 — 1 000 000 shares 137 8.79 41 551 184 19.74
1 000 001 shares and over 26 1.67 159 302 199 75.68
Total 1 558 100.00 210 499 623 100.00

Distribution of shareholders Number of shareholdings % Number of shares %
Strategic holder 1 0.06 101 333 105 48.14
Banks/brokers 48 3.08 8 195 101 3.89
Close corporations 11 0.71 12 612 0.01
Endowment funds 13 0.83 611 455 0.29
Individuals 1 022 65.60 1 361 279 0.65
Insurance companies 35 2.25 3 188 086 1.51
Medical schemes 4 0.26 600 516 0.29
Mutual funds 134 8.60 44 052 681 20.93
Other corporations 13 0.83 353 271 0.17
Private companies 27 1.73 61 525 0.03
Retirement funds 158 10.14 47 388 329 22.51
Share scheme 2 0.13 2 859 806 1.36
Trusts 90 5.78 481 857 0.23
Total 1 558 100.00 210 499 623 100.00

Public/non-public shareholders Number of shareholdings % Number of shares %
Non-public shareholders 8 0.51 104 598 582 49.69
Directors and associates of the Company 5 0.32 405 671 0.19
Strategic holdings (more than 10%) 1 0.06 101 333 105 48.14
Share schemes 2 0.13 2 859 806 1.36
Public shareholders 1 550 99.49 105 901 041 50.31
Total 1 558 100.00 210 499 623 100.00

Top 10 fund managers Number of shares %
Allan Gray Asset Management 42 830 819 20.35
Kagiso Asset Management 8 002 759 3.80
Public Investment Corporation 6 648 313 3.16
Investec Asset Management 6 394 659 3.04
Afena Capital 6 015 934 2.86
Coronation Fund Managers 5 090 616 2.42
Abax Investments 4 912 585 2.33
Aylett & Co 3 907 933 1.86
Perpetua Investment Managers 3 902 593 1.85
Sentio Capital Management 2 582 966 1.23
Total 79 895 685 37.96

Beneficial shareholders with a holding greater that 3% of the issued shares Number of shares %
Royal Bafokeng Platinum Holdings 101 333 105 48.14
Allan Gray Asset Management 24 008 275 11.41
Government Employees Pension Fund 10 192 750 4.84
Eskom Pension and Provident Fund 6 528 684 3.10
  142 062 814 67.49

Share price performance  
Closing price on 2 January 2018 (R) 28.00
Closing price at 31 December 2018 (R) 26.48
Closing high for the period (R) 35.00
Closing low for the period (R) 19.89
Number of shares in issue 210 499 623
Volume traded during the period 55 949 789
Ratio of volume traded to shares issued (%) 26.58
Rand value traded during the period (R million) 134 152
Price/earnings ratio as at 31 December 2018 33.9x
Earnings yield as at 31 December 2018 (%) 2.9%
Market capitalisation as at 31 December 2018 (R million) 5 574