| |
 |
|
| The chairman and
executive directors
engage in discussions
with representatives of
the major shareholders
to obtain feedback on
issues of relevance to
the group. |
|
|
| COMMUNICATION |
Sun International continues to enjoy the support of its shareholders and
appreciates their involvement and interest in the affairs of the group.
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. |
| |
 |
| |
| Category |
Number of
shareholders |
Number of
shares owned |
% of total
issued shares |
| Size of shareholding |
|
|
|
| 1 – 1 000 shares |
3 423 |
1 118 554 |
1.02 |
| 1 001 – 10 000 shares |
960 |
2 895 408 |
2.64 |
| 10 001 – 100 000 shares |
323 |
12 221 538 |
11.13 |
| 100 001 – 1 000 000 shares |
136 |
36 800 923 |
33.50 |
| 1 000 001 shares and over |
24 |
46 245 004 |
42.10 |
|
4 866 |
99 281 427 |
90.39 |
| Treasury shares |
1 |
10 549 477 |
9.61 |
| |
4 867 |
109 830 904 |
100.00 |
|
| |
| Ten largest beneficial shareholders at 30 June 2009 |
Number of
shares owned |
% of total
issued shares |
| Sun International Investments No. 2 (treasury shares) |
10 549 477 |
9.61 |
| SIEST |
*6 203 152 |
5.65 |
| Sanlam |
5 593 149 |
5.09 |
| Dinokana (excluding SIEST) |
4 779 693 |
4.35 |
| Old Mutual Group |
4 790 722 |
4.36 |
| State Street Bank & Trust Co (Custodian) |
4 749 929 |
4.32 |
| Investment Solutions |
4 267 065 |
3.89 |
| Transnet Pension Fund |
2 381 915 |
2.17 |
| Metropolitan |
2 254 791 |
2.05 |
| Investec |
1 850 875 |
1.69 |
| |
47 420 768 |
43.18 |
|
| |
| Top 10 fund managers |
Number of shares |
% of total
issued shares |
| Allan Gray Asset Management |
36 360 690 |
33.11 |
| Investec Asset Management |
8 629 096 |
7.86 |
| Sanlam Investment Management |
6 335 827 |
5.77 |
| Regarding Capital Management |
4 791 261 |
4.36 |
| Old Mutual Investment Group |
3 533 773 |
3.22 |
| Metropolitan Asset Management |
2 203 842 |
2.01 |
| Foord Asset Management |
1 817 752 |
1.65 |
| Peregrine Asset Management |
1 057 840 |
0.96 |
| Dimensional Fund Managers |
711 615 |
0.65 |
| Afena Capital |
536 839 |
0.49 |
| |
65 978 535 |
60.08 |
|
| |
| Shareholders’ spread (beneficial) at 30 June 2009 |
Number of
shareholders |
% of total
issued shares |
| Public |
4 833 |
82.43 |
| Non-public |
|
|
| Directors of the company and its subsidiaries |
31 |
1.85 |
| Employee Share Trusts |
2 |
6.11 |
| Own holdings – treasury shares |
1 |
9.61 |
| |
4 867 |
100.00 |
|