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Sanlam Ltd (SLMJ.J)

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Latest Key Developments (Source: Significant Developments)

Sanlam announces changes to its executive committee
Tuesday, 28 Mar 2017 09:45am EDT 

Sanlam Ltd : Chief Executive Officer Sanlam Personal Finance Hubert Brody will step down on May 31 to attend more closely to his other interests . Jurie Strydom, currently joint deputy CEO of SPF, has been appointed CEO of SPF and will take over on June 1 .With effect from April 1, Temba Mvusi, chief executive of group market development, appointed as acting CEO of Sanlam corporate cluster.  Full Article

Sanlam reports FY noramlized HEPS of 408.5 cents
Thursday, 9 Mar 2017 12:05am EST 

Sanlam Ltd : FY new business volumes up 11% to R233 billion . Normal dividend per share of 268 cents .FY normalised headline earnings per share 408.5 cents versus 432.5 cents.  Full Article

Murray & Roberts says Allan Gray, Sanlam Investment reduce stake in co
Tuesday, 21 Feb 2017 04:00am EST 

Murray & Roberts Holdings Ltd : Total interest in ordinary shares of company held by Allan Gray's clients has reduced to 15.3515 pct of issued shares .Total interest in ordinary shares of company held by Sanlam Investment Management (PTY) Ltd has reduced to 4.87 pct of issued shares.  Full Article

Sanlam buys 53 pct stake in Brightrock Holdings
Wednesday, 25 Jan 2017 08:56am EST 

Sanlam Ltd- : Acquisition of a 53 pct stake in Brightrock Holdings Proprietary Limited . Total consideration is dependent on effective date of transaction and is expected to be a maximum of 707 mln rand should effective date occur in first half of 2017 .Sanlam will fund acquisition from available discretionary capital.  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

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BRIEF-Sanlam announces changes to its executive committee

* Chief Executive Officer Sanlam Personal Finance Hubert Brody will step down on May 31 to attend more closely to his other interests