home / Additional information / Shareholder analysis

Shareholder analysis

Print this page
 
As at 31 March 2010 Investec plc and Investec Limited had 471.1 million and 269.8 million ordinary shares in issue, respectively.
 

Spread of ordinary shareholders as at 31 March 2010

Investec plc ordinary shares in issue
Number of
shareholders		 Holdings % of total
shareholders		 Number of shares
in issue		 % of issued
share capital
6 546 1 to 500 32.2 1 897 705 0.4
4 845 501 – 1000 23.8 3 866 529 0.8
6 063 1001 – 5000 29.8 14 247 830 3.0
1 078 5001 – 10000 5.3 8 049 291 1.7
1 056 10001 – 50 000 5.2 23 579 765 5.0
264 50 001 – 100 000 1.3 19 021 078 4.0
492 100 001 and over 2.4 400 450 866 85.1
20 344   100.0 471 113 064 100.0
 

Investec Limited ordinary shares in issue
Number of
shareholders		 Holdings % of total
shareholders		 Number of shares
in issue		 % of issued
share capital
4 216 1 to 500 41.7 1 032 958 0.4
2 121 501 – 1000 21.0 1 667 758 0.6
2 465 1001 – 5000 24.4 5 613 337 2.1
470 5001 – 10000 4.7 3 429 148 1.3
493 10001 – 50 000 4.9 12 140 520 4.5
126 50 001 – 100 000 1.2 9 148 668 3.4
213 100 001 and over 2.1 236 734 543 87.7
10 104   100.0 269 766 932 100.0
 

Shareholder classification as at 31 March 2010
Investec plc
number of shares		 % holding Investec Limited
number of shares		 % holding
Public* 454 040 206 96.4 212 488 130 78.7
Non-public 17 072 858 3.6 57 278 802 21.3
Non-executive directors of Investec plc/Investec Limited** 5 349 165 1.1 951 000 0.4
Executive directors of Investec plc/Investec Limited 7 289 793 1.6 7 913 098 2.9
Investec staff share schemes 4 433 900 0.9 28 859 149 10.7
PEU INL Investment 1 (Pty) Ltd ** – – 5 555 555 2.1
Tiso INL Investments (Pty) Ltd – – 14 000 000 5.2
Total 471 113 064 100.0 269 766 932 100.0
* As per the JSE listing requirements.
** In November 2003, Investec implemented an empowerment transaction. The shareholding held by MP Malungani (non-executive director of Investec) is shown under the holding of PEU INL Investment 1 (Pty) Ltd.
 

Largest shareholders as at 31 March 2010
In accordance with the terms provided for in Section 793 of the UK Companies Act 2006 and Section 140A of the South African Companies Act, 1973, the group has conducted investigations into the registered holders of its ordinary shares (including nominee and asset management companies) and the results are as disclosed below. 
 
Investec plc
Shareholder analysis by manager group Number of
shares		 % holding
1 PIC (ZA) 60 675 108 12.9
2 STANLIB Asset Management (ZA) 29 849 813 6.3
3 Old Mutual Asset Managers (ZA) 25 192 770 5.3
4 Investec Asset Management (ZA)* 20 596 945 4.4
5 Legal & General Investment Management Ltd (UK) 19 163 802 4.1
6 BlackRock Inc (UK) 18 814 574 4.0
7 Investec Securities (Pty) Limited (ZA)* 18 111 805 3.8
8 M&G Investment Management Ltd (UK) 16 972 356 3.6
9 State Street Global Advisors (UK) 16 308 366 3.5
10 Sanlam Investment Management (ZA) 15 485 297 3.3
  Cumulative total 241 170 836 51.2
 
The top 10 shareholders account for 51.2% of the total shareholding in Investec plc. This information is based on a threshold of 20 000 shares. Some major fund managers hold additional shares below this, which may cause the above figures to be marginally understated. 
 
Investec Limited
Shareholder analysis by manager group Number of
shares		 % holding
1 PIC (ZA) 38 535 193 14.3
2 Investec Staff Share Schemes (ZA) 28 859 149 10.7
3 Old Mutual Asset Managers (ZA) 15 779 166 5.9
4 Tiso INL Investments (Pty) Ltd (ZA)** 14 000 000 5.2
5 Entrepreneurial Development Trust (ZA)** 14 000 000 5.2
6 STANLIB Asset Management (ZA) 12 665 208 4.7
7 BlackRock Inc (US) 7 853 753 2.9
8 Acadian Asset Management (US) 6 608 042 2.5
9 Investec Securities (Pty) Limited (ZA)* 6 085 821 2.3
10 PEU INL Investment 1 (Pty) Ltd (ZA)** 5 555 555 2.1
  Cumulative total 149 941 887 55.8
 
The top 10 shareholders account for 55.8% of the total shareholding in Investec Limited. This information is based on a threshold of 20 000 shares. Some major fund managers hold additional shares below this, which may cause the above figures to be marginally understated. 
 
* Managed on behalf of clients.
** In November 2003, Investec Limited implemented an empowerment transaction in which empowerment partners and an employee share scheme acquired 25.1% of the equity shareholding in Investec Limited.
 

Geographic holding by beneficial owner as at 31 March 2010
 

Share statistics

Investec plc ordinary shares in issue
For the year ended 31 March 2010 2009 2008 2007 2006 2005 2004
Closing market price per share (Pounds)1            
– year end 5.39 2.92 3.39 6.58 5.88 3.11 2.18
– highest 5.62 4.21 7.65 6.76 6.07 3.47 2.36
– lowest 2.87 1.69 2.94 4.95 3.04 1.84 1.22
Number of ordinary shares in issue (million)1 471.1 444.9 423.3 381.6 373.0 373.0 373.0
Market capitalisation (£’million)2 2 539 1 299 1 435 2 511 2 194 1 160 812
Daily average volume of shares traded (‘000) 1 932.6 2 603.6 3 925.9 2 832.5 1 489.0 741.0 498.0
Price earnings ratio3 12.0 6.9 6.0 12.4 14.0 11.6 10.5
Dividend cover (times)3 2.8 3.3 2.3 2.3 2.3 2.0 1.8
Dividend yield (%)3 3.0 4.5 7.4 3.5 3.1 4.3 5.3
Earnings yield (%)3 8.4 14.5 16.7 8.1 7.1 8.6 9.5
 

Investec Limited ordinary shares in issue
For the year ended 31 March 2010 2009 2008 2007 2006 2005 2004
Closing market price per share (Rands)1            
– year end 62.49 38.86 57.43 93.30 62.60 35.60 25.06
– highest 65.40 63.19 104.40 94.60 66.50 38.00 30.20
– lowest 37.51 27.20 50.90 59.06 34.10 21.56 15.50
Number of ordinary shares in issue (million)1 269.8 268.4 234.3 227.7 220.0 220.0 220.0
Market capitalisation (R’million)4 46 299 27 715 37 766 56 848 37 121 21 111 14 860
Market capitalisation (£’million) 3 993 2 083 2 229 4 009 3 488 1 844 1 292
Daily average volume of shares traded (‘000) 1 068.2 1 167.8 840.6 619.7 478.0 510.5 495.0
1. On 4 September 2006 the group implemented a 5:1 share split of Investec plc and Investec Limited shares. Historical information has been restated for comparative purposes. 
2. The LSE only include the shares in issue for Investec plc i.e. 471.1 million, in calculating market capitalisation, as Investec Limited is not incorporated in the UK. 
3. Calculations are based on the group's consolidated earnings per share before goodwill and non-operating items and dividends per share as prepared in accordance with IFRS and denominated in Pounds Sterling. 
4. The JSE have agreed to use the total number of shares in issue for the combined group, comprising Investec Limited and Investec plc, in calculating market capitalisation i.e. a total of 740.9 million shares in issue. 
Back to top