Shareholder analysis

As at 31 December 2017

Shareholder spread   Number of shareholdings   %   Number of shares   %  
1 — 1 000 shares   1 040   61.61   308 712   0.16  
1 001 — 10 000 shares   329   19.49   946 454   0.48  
10 001 — 100 000 shares   196   11.61   8 126 521   4.15  
100 001 — 1 000 000 shares   101   5.98   29 538 569   15.08  
1 000 001 shares and over   22   1.30   156 916 209   80.13  
Total   1 688   100.00   195 836 465   100.00  

Distribution of shareholders   Number of shareholdings   %   Number of shares   %  
Strategic holders   2   0.18   123 737 655   63.18  
Banks/brokers   42   2.49   6 851 005   3.50  
Close corporations   10   0.59   8 612   0.00  
Endowment funds   14   0.83   219 449   0.11  
Individuals   1 152   68.25   1 381 803   0.71  
Insurance companies   31   1.84   2 400 597   1.23  
Medical schemes   5   0.30   266 596   0.14  
Mutual funds   110   6.52   26 218 651   13.39  
Other corporations   13   0.77   7 028   0.00  
Private companies   30   1.78   72 306   0.04  
Retirement funds   163   9.66   30 983 746   15.82  
Share scheme   1   0.06   2 285 042   1.17  
Treasury stock   1   0.06   1 048 258   0.54  
Trusts   113   6.69   355 717   0.18  
Total   1 688   100.00   195 836 465   100.00  

Public/non-public shareholders   Number of shareholdings   %   Number of shares   %  
Non-public shareholders   18   1.07   127 434 335   65.07  
Directors and associates of the Company   6   0.36   363 380   0.19  
Strategic holdings (more than 10%)   2   0.18   123 737 655   63.18  
Share scheme   8   0.47   2 285 042   1.17  
Treasury stock   1   0.06   1 048 258   0.54  
Public shareholders   1 670   98.93   68 402 130   34.93  
Total   1 688   100.00   195 836 465   100.00  

Beneficial shareholders with a holding greater than 3% of the issued shares           Number of shares   %  
Royal Bafokeng Holdings           101 333 105   51.74  
Anglo American Platinum Limited (Rustenburg Platinum Mines Limited)           22 404 550   11.44  
Allan Gray           8 982 694   4.59  
Government Employees Pension Fund           7 506 949   3.83  
Total           132 720 349   67.77  

Top 10 fund managers   Number of shares   %  
Allan Gray Asset Management   16 578 704   8.47  
Kagiso Asset Management   12 914 819   6.59  
Abax Investments   5 037 412   2.57  
Public Investment Corporation   4 002 620   2.04  
Investec Asset Management   3 545 091   1.81  
Coronation Fund Managers   3 195 214   1.63  
Perpetua Investment Managers   2 509 602   1.28  
Aylett & Co   2 348 592   1.20  
Vanguard   2 031 877   1.04  
Afena Capital   1 673 124   0.85  
Total   47 783 462   24.40