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Shareholders |
Communication |
| Sun International continues to enjoy
the support of its shareholders and
appreciates their involvement and
interest in the affairs of the group. |
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Sun International actively seeks constructive
engagement with its shareholders. As a
policy it strives to provide shareholders with
information pertinent to the group of a
financial and non-financial nature promptly
and transparently. This is achieved through
the publication of the annual report, the
interim and year end results announcements
and through other media releases in the
case of matters which are considered of
interest to shareholders. Announcements
of a regulatory nature are published
through SENS (the JSE’s Securities Exchange
News Service) and the press, as applicable.
Sun International’s website (www.suninternational.com) has been expanded
to include an investor relations portal
containing information which is of interest
to stakeholders, including copies of latest
press releases and announcements, the
interim, quarterly and year end results
publications, the annual report, and
archive containing past reports and
announcements.
The chief executive and chief financial officer
meet with industry analysts, fund managers,
financial journalists and representatives of
existing and prospective shareholders, both
locally and internationally, to enable them
to gain a better appreciation of the industry
and the group and to deal with any queries
relating to our operations. The chairman
and executive directors engage in
discussions with representatives of the
major shareholders to obtain feedback
on issues of relevance to the group. No
information of a price sensitive nature or which is not in the public domain is
discussed at these meetings and no
particular shareholder is given broader
rights or privileged access to information
over the rest of the shareholders.
Sun International publishes quarterly
business updates at the end of the first and
third quarters of the financial year, including
high level trading and operating performance
data in an effort to provide stakeholders
with up to date and relevant information.
Management encourages and appreciates
the feedback received from shareholders,
analysts and fund managers regarding the
usefulness, quality and extent of the group’s
reporting and communication process.
Shareholders are encouraged to attend the
annual general meeting, as this is the
forum at which they can air their views and
raise issues of concern. |
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| Types of shareholders at 30 June 2008 |
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| Insurance and assurance companies and provident funds |
50% |
| Investment companies |
5% |
| Banks, nominee companies and trusts |
18% |
| Share trusts |
7% |
| Corporate |
5% |
| Individuals |
5% |
| Treasury shares |
10% |
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| Category |
Number of
shareholders |
Number of
shares owned |
% of total
issued shares |
| Size of shareholding |
|
|
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| 1 – 1 000 shares |
3 341 |
1 087 662 |
1,03 |
| 1 001 – 10 000 shares |
898 |
2 698 516 |
2,56 |
| 10 001 – 100 000 shares |
306 |
11 693 827 |
11,08 |
| 100 001 – 1 000 000 shares |
134 |
37 365 376 |
35,42 |
| 1 000 001 shares and over |
19 |
42 099 911 |
39,91 |
| |
4 698 |
94 945 292 |
90,00 |
| Treasury shares |
1 |
10 549 477 |
10,00 |
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4 699 |
105 494 769 |
100,00 |
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| Ten largest beneficial shareholders at
30 June 2008 |
Number of
shares owned |
% of total
issued shares |
| Sun International Investments No. 2 (treasury shares) |
10 549 477 |
10,00 |
| SIEST |
6 400 767* |
6,07 |
| State Street Bank & Trust Co |
5 073 057 |
4,81 |
| Dinokana |
5 041 648 |
4,78 |
| Sanlam |
3 795 017 |
3,60 |
| Old Mutual Group |
3 571 090 |
3,38 |
| JP Morgan Chase Bank |
2 338 571 |
2,21 |
| Transnet Pension Fund |
1 887 395 |
1,79 |
| Mellon Bank |
1 666 796 |
1,58 |
| Namibian Government Institutions Pension Fund |
957 302 |
0,91 |
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41 281 120 |
39,13 |
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| * Includes an effective interest in 3 803 348 shares held indirectly through Dinokana. |
|
| Top 10 fund managers |
Number of
shares owned |
% of total
issued shares |
| Allan Gray Asset Management |
36 859 294 |
34,94 |
| Regarding Capital Management |
4 419 602 |
4,19 |
| Sanlam Investment Management |
4 384 084 |
4,16 |
| Investec Asset Management |
2 048 583 |
1,94 |
| Coronation Fund Managers |
1 146 696 |
1,09 |
| Old Mutual Investment Group |
885 406 |
0,84 |
| Kagiso Asset Management |
828 223 |
0,78 |
| Peregrine Asset Management |
617 588 |
0,58 |
| Foord Asset Management |
570 199 |
0,54 |
| ING Bank Global Custody |
558 227 |
0,53 |
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52 317 902 |
49,59 |
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| Shareholder spread (beneficial) at 30 June 2008 |
Number of
shares owned |
% of total
issued shares |
| Public |
4 670 |
82,08 |
| Non-public |
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| Directors of the company and its subsidiaries |
26 |
1,35 |
| Employee Share Trusts |
2 |
6,57 |
| Own holdings – treasury shares |
1 |
10,00 |
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4 699 |
100,00 |
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| Sun International actively seeks
constructive engagement with its shareholders. |
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