Shareholder analysis

Shareholder spread	Number of shareholdings	% of total shareholdings	Number of shares	% of issued capital
1 – 1 000 shares	981	19.03	386 868	0.07
1 001 – 10 000 shares	2 321	45.02	11 421 322	2.06
10 001 – 100 000 shares	1 634	31.69	47 309 922	8.53
100 001 – 1 000 000 shares	182	3.53	46 118 808	8.32
Over 1 000 000 shares	38	0.74	449 140 408	81.02
Total	5 156	100.00	554 377 328	100.00

Distribution of Shareholders	Number of shareholdings	% of total shareholdings	Number of shares	% of issued capital
Individuals	4 578	88.79	118 316 698	21.34
Nominees and trusts	304	5.90	37 510 549	6.77
Other corporate bodies	127	2.46	56 169 899	10.13
Treasury	3	0.06	3 518 605	0.63
Private companies	115	2.23	337 255 250	60.83
Close corporations	29	0.56	1 606 327	0.29
Total	5 156	100.00	554 377 328	100.00

Public/non-public Shareholder spread	Number of shareholdings	Number of shares	% of issued capital
2016
Non-public Shareholders	21	289 035 306	52.14
Directors	16	261 209 590	47.12
Treasury	3	3 518 605	0.63
Associate of Directors	2	24 307 111	4.38
Public Shareholders	5 135	265 342 022	47.86
Total	5 156	554 377 328	100.00
2015
Non-public Shareholders	22	213 083 713	45.54
Directors	17	185 257 997	39.60
Treasury	3	3 518 605	0.75
Associate of Directors	2	24 307 111	5.20
Public Shareholders	5 533	254 771 388	54.46
Total	5 555	467 855 101	100.00

Major Shareholders holding more than 5% of the issued ordinary share capital	Number of shares	% of issued capital
2016
Wad Holdings (Pty) Ltd	88 889 689	16.03
Golden Pond Trading 175 (Pty) Ltd	67 519 752	12.18
Community Healthcare Holdings (Pty) Ltd	61 826 667	11.15
Community Investment Holdings (Pty) Ltd	61 283 522	11.05
Total	279 519 630	50.42
2015
Golden Pond Trading 175 (Pty) Ltd	67 519 752	14.43
Community Healthcare Holdings (Pty) Ltd	61 826 667	13.21
Community Investment Holdings (Pty) Ltd	61 283 522	13.10
AfroCentric Empowerment Trust	32 427 200	6.93
Total	223 057 141	47.67

In 2006 AfroCentric embarked on a restructuring and recapitalisation programme.

At that time, two beneficiaries – which represented a broad base of historically disadvantaged South Africans ("HDSA's") – were invited to participate via the formation of the AfroCentric Empowerment Trust ("ACET"). As part of the recapitalisation programme ACET acquired 51% of the AfroCentric ordinary share capital.

The two beneficiaries of ACET are the South African Council of Churches and the Fort Hare Foundation. Both of these institutions play a pivotal role in the transformation of our country.

Our largest Shareholders are Community Investment Holdings, the ACET and Golden Pond. They represent the membership of the South African Medical and Dental Practitioners Association, medical professionals who are substantial HDSA's or of HDSA parentage.

Shareholder spread	No. of Shareholders	%	No. of shares	%
1 – 10 000 shares	114	73.08	334 978	2.01
10 001 – 25 000 shares	19	12.18	336 428	2.02
25 001 – 50 000 shares	6	3.85	259 445	1.56
50 001 – 100 000 shares	3	1.92	213 194	1.28
100 001 – 500 000 shares	8	5.13	2 060 307	12.38
500 001 – 1 000 000 shares	2	1.28	1 178 704	7.08
1 000 001 shares and over	4	2.56	12 254 944	73.67
	156	100.00	16 638 000	100.00

Distribution of Shareholders	No. of Shareholders	%	No. of shares	%
Individuals	126	80.77	9 512 117	57.17
Nominees and trusts	14	8.97	3 128 191	18.80
Other corporate bodies	8	5.13	550 975	3.31
Private companies	6	3.85	3 400 947	20.44
Close corporations	2	1.28	45 770	0.28
	156	100.00	16 638 000	100.00

Public/non-public Shareholder spread	No. of Shareholders	No. of shares	%
2013
Non-public Shareholders
Directors	2	7 572 962	45.52
Associate of Directors	1	2 548 182	15.32
Shareholders owning 10% or more of the securities (excluding
Directors' indirect beneficial holdings)	2	4 684 982	28.16
Public Shareholders	151	1 831 874	11.00
	156	16 638 000	100.00
2012
Non-public Shareholders
Directors	2	7 569 962	45.50
Associate of Directors	1	2 548 182	15.32
Shareholders owning 10% or more of the securities (excluding
Directors' indirect beneficial holdings)	1	3 136 800	18.85
Public Shareholders	142	3 383 056	20.33
	146	16 638 000	100.00

Major Shareholders holding more than 5% of the issued preference share capital	No. of shares	%
2013
JM Kahn	3 784 981	22.75
MI Sacks	3 787 981	22.77
JDL Trust	2 548 182	15.31
Eagle Creek Investments 605 (Pty) Ltd	2 136 800	12.84
	12 257 944	73.67
2012
JM Kahn	3 784 981	22.75
MI Sacks	3 784 981	22.75
JDL Trust	2 548 182	15.31
Eagle Creek Investments 605 (Pty) Ltd	3 136 800	18.85
	13 254 944	79.66

Dividend history

Circulars and announcements

Shareholder analysis

Ordinary Shareholders

Background to our shareholding structure

Preference Shareholders