Edition:
United States

Sanlam Ltd (SLMJ.J)

SLMJ.J on Johannesburg Stock Exchange

6,350.05ZAc
30 Sep 2016
Change (% chg)

-34.00c (-0.53%)
Prev Close
6,414.00c
Open
6,326.00c
Day's High
6,413.00c
Day's Low
6,239.00c
Volume
6,776,316
Avg. Vol
6,210,151
52-wk High
7,149.00c
52-wk Low
4,405.00c

Latest Key Developments (Source: Significant Developments)

Sanlam six-month normalised HEPS down 7 pct
Thursday, 8 Sep 2016 02:03am EDT 

Sanlam Ltd : Interim results for the six months ended June 30, 2016 . Six month normalised headline earnings per share down 7 pct . Net result from financial services per share increased by 11 pct for six months ended June 30 . Six month net value of new covered business up 7 pct to R702 million . Six month net fund inflows of R22 billion compared to R7 billion in 2015 . Six month net new covered business margin of 2,44 pct (2,66 pct in 2015) . Six month new business volumes up 15 pct to R115 billion . Return on group equity value per share for six months of 7,9 pct .Six month normalised headline earnings per share(1) at 208,0 cents versus 224,2 cents previously.  Full Article

SA's Competition Tribunal approves African Rainbow Capital-ooba deal with conditions
Friday, 12 Aug 2016 12:05pm EDT 

South Africa's Competition Tribunal: African Rainbow Capital - ooba merger approved with conditions Further company coverage: [SLMJ.J].  Full Article

Sanlam says financial director to retire
Monday, 20 Jun 2016 11:14am EDT 

Sanlam Ltd : Changes to the executive committee . Financial director, Mr Kobus Möller (57), will retire from executive and board with effect from 30 September 2016 . Möller will remain employed by sanlam until 31 December 2016 .Heinie Werth (53), chief executive officer of sanlam emerging markets will succeed Mr Möller as the Group’s Financial Director.  Full Article

Sanlam sees "major impact" on H1 and FY normalised headline earnings and equity value
Wednesday, 8 Jun 2016 07:55am EDT 

Sanlam Ltd : Operating conditions remained challenging during first four months of 2016 financial year across most of markets where group operates . Overall net fund inflows of r16 billion for the months months to april 30 were up from r3 billion achieved in comparable 4-month period in 2015 . New business volumes of r74 billion, up 9 pct on first four months of 2015 financial year . Four-Month normalised headline earnings per share down 13 pct compared to first four months of 2015 financial year . Expect that economic and operating environment will remain challenging for remainder of 2016 with a resulting impact on group's key operational performance indicators .Relative movements in these elements may have a major impact on growth in H1 and FY normalised headline earnings and group equity value.  Full Article

Sanlam Ltd declares final cash dividend
Thursday, 5 Mar 2015 01:00am EST 

Sanlam Ltd:Declared final cash dividend of 225 cents for the year ended Dec. 31, 2014.Payment date is April 20.Record date is April 17.  Full Article

BRIEF-Sanlam six-month normalised HEPS down 7 pct

* Six month normalised headline earnings per share down 7 pct