Capital Markets Archives | Page 9 of 22

Hulamin’s Equity-Settled Share Awards Drive Growth and Confidence

Hulamin Limited’s Equity-Settled Conditional Share Plan aligns executive compensation with long-term shareholder value creation, fostering sustainable growth.
Recent awards of Performance Shares and Bonus Shares to directors and key executives demonstrate confidence in the company’s prospects.
Adherence to regulatory requirements and a culture of performance-based rewards underpin Hulamin’s commitment to transparency and good governance.

Sasol Limited’s mining sector saw a slight decrease in saleable production but an improvement in mining productivity.
The gas sector witnessed growth in production volumes, particularly in Mozambique, and increased sales in South Africa.
Sasol’s financial hedging strategies include zero-cost collar instruments, ethane swap options, and Brent crude oil put options

Terra Nova Technologies, Inc. and Ingeniería y Construcción Sigdo Koppers S.A. secured a US$200 million EPC contract.
The contract includes critical components like a primary crushing facility, an overland conveyor, and a power transmission system.
TNT’s success reflects its expertise, resilience post-COVID, and strategic positioning in the mining industry.

Transition in Leadership: Ms. Santie Botha retiring, Mr. Themba Baloyi appointed Chair-elect, ensuring strategic continuity.
Governance Enhancements: Mr. Douglas Ramaphosa as lead independent director, diverse expertise in board committees, bolstering oversight.
Strategic Direction: Emphasis on education, seamless leadership transition, commitment to ethical governance, and stakeholder value creation.

Merafe Resources Limited reported a 26% decrease in ferrochrome production for Q1 2024 compared to the previous year.
The Rustenburg smelter’s non-operation in 2024 due to market conditions significantly impacted Merafe’s production levels.
Market conditions, supply chain challenges, and technological innovations are key factors influencing ferrochrome production in the industry.

Capital & Regional PLC appointed Gerry Murphy, bringing vast retail, property, and financial expertise to the board.
Gerry Murphy’s roles include Chairing the Audit Committee, ensuring strong financial oversight and regulatory compliance.
The appointment reflects Capital & Regional’s strategic focus on governance, growth, and continuity in board leadership.

ENX GROUP LIMITED completes divestment of Eqstra, aligning with strategic realignment goals and focusing on core operations.
The transaction, now unconditional, anticipates implementation by June 2024, positively impacting shareholder value and financial performance.
Expert insights highlight ENX’s strategic agility and value creation, signaling a prudent approach to optimizing business portfolio.

Nedbank Group’s 2023 Integrated Report showcases financial performance and sustainability initiatives, enhancing stakeholder transparency.
The Notice of Annual General Meeting (AGM) outlines critical agenda items and multiple participation options for shareholders.
Important dates, such as record dates, proxy submission deadlines, and the AGM date, are crucial for shareholder engagement.

Old Mutual, a leading financial services group, has received approval to establish a bank under Section 17 of the Banks Act.
This strategic move enhances Old Mutual’s financial services offerings, market presence, and customer-centric approach.
The approval accelerates Old Mutual’s strategic delivery journey, positioning it as a trusted and competitive financial partner.

Goldway Capital Investment Limited initiated an off-market takeover bid for MC Mining Limited’s ordinary shares.
The offer includes intentions to delist MC Mining Limited and compulsory acquisition rights above a certain threshold.
Shareholders face a critical decision regarding the offer, considering factors like offer price and market conditions.