Page 43 - SHB 2020 Issue 1

Profile’s Stock Exchange Handbook: 2020 – Issue 1 NSX – FNB

FirstRand Namibia Ltd. Forsys Metals Corporation
FNB FSY
ISIN: NA0003475176 ISIN: CA34660G1046 SHORT: FORSYS CODE: FSY
CODE: FNB REG NO: 34660G FOUNDED: 1985 LISTED: 2007
REG NO: 88/024 NATURE OF BUSINESS: Forsys Metals Corp. (“Forsys”) and its subsidiary
FOUNDED: 1988 companies (collectively the “Company”) are engaged in the acquisition,
LISTED: 1997 exploration and development of mineral properties located in Namibia,
NATURE OF BUSINESS: Africa. The Company’s principal focus is on bringing its wholly owned
FirstRand Namibia Ltd. is a listed Norasa Uranium Project (“Norasa”) into production. Norasa is the
company on the Namibian Stock consolidation of the Valencia and Namibplaas Uranium Projects.
Exchange (NSX). FirstRand As an exploration stage company, the Company’s income is limited to
Namibia Ltd. is the controlling interest income and other incidental income. The recoverability of the
company of First National Bank of Namibia Ltd. The Group has amounts shown for mineral properties, exploration and evaluation costs and
shareholding in First National Bank of Namibia Ltd., Ashburton Unit Trust property, plant and equipment is dependent upon, but not limited to: the
Management Company Ltd., FNB Insurance Brokers Namibia (Pty) Ltd., existence and economic recovery of mineral reserves in the future; the ability
OUTsurance Insurance Company of Namibia Ltd., Pointbreak Equity (Pty) to obtain necessary permits and financing to complete the exploration and
Ltd. and FNB Fiduciary (Namibia) (Pty) Ltd. with RMB Namibia and development of these properties; government policies and regulations; and
WesBank as divisions of FNB Namibia. As such all of these divisions form attaining profitable production or proceeds from the disposition of
part of the service offering to our customers and are part of our team.
FirstRand Namibia Ltd. is home to some of the most successful financial properties. The Company may be adversely affected by governmental
brands in the country. amendments or changes to mining laws, regulations and requirements in
SECTOR: Fins—Banks—Banks—Banks Namibia. The Company’s continued operations are dependent on its ability
NUMBER OF EMPLOYEES: 2 316 to secure additional equity capital, divest assets or generate cash flow from
operations in the future, none of which is assured. Forsys is incorporated
DIRECTORS: Zaamwani-Kamwi Mrs I I (Chair, ind ne), under the Business Corporations Act (Ontario) and the primary listing of its
Moir Mr S H (Dep Chair, ind ne), Capelao Mr O L P (CFO),
Daun Mrs J G (ind ne), Haikali Mr C L R (ind ne), Hausiku Mr J H (ind ne), common shares is on the Toronto Stock Exchange, with secondary listings
on the Namibian Stock Exchange and Frankfurt Stock Exchange.
Hinda Adv G S (ind ne), Khethe* Mr J R (ne), Kruger* Mr G C P (ne),
Nashandi Mr I N (ne), van Zyl Mr S J (CEO) SECTOR: DevCap—DevCap—DevCap—Development Capital
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2019 NUMBER OF EMPLOYEES: 0
FirstRand EMA Holdings (Pty) Ltd. 58.40% DIRECTORS: Estepa J (ne), Frewin M (ind ne, UK), Matysek P (ind ne),
General Public 26.80% Rowly M (Chair, ne), Hilmer M (CEO), Hanna D (CFO)
Government Institutions Pension Fund 14.80% POSTAL ADDRESS: PO Box 909, Toronto, Ontario, M5C 2K3
POSTAL ADDRESS: PO Box 195, Windhoek, Namibia MORE INFO: www.sharedata.co.za/v2/Scripts/Summary.aspx?c=FSY
WEBSITE: www.fnbnamibia.com.na COMPANY SECRETARY: Jorge Estepa
TELE PHONE: 00264 061-299-2111 AUDITORS: BDO
COMPANY SECRETARY: N Ashipala (Ms)
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
SPONSOR: Cirrus Securities (Pty) Ltd. FSY Ords no par val - 96 875 422
AUDITORS: Deloitte & Touche
40 Week MA FORSYS
CAPITAL STRUCTURE AUTHORISED ISSUED
FNB Ords of 0.5c ea 990 000 000 267 593 250 332
DISTRIBUTIONS [NADc]
278
Ords of 0.5c ea Ldt Pay Amt
Final No 52 13 Sep 19 4 Oct 19 117.00
224
Special No 53 13 Sep 19 4 Oct 19 250.00
LIQUIDITY: Nov19 Ave 50 242 shares p.w., R231.5m(1.0% p.a.) 170
BANK 40 Week MA FNB HOLDINGS
116
62
2015 | 2016 | 2017 | 2018 | 2019
4245
FINANCIAL STATISTICS
3687 (Amts in CAD’000) Mar 18 Dec 17 Dec 16
Quarterly Final Final
3130
Op Inc - 99 - 729 - 823
NetIntPd(Rcvd) - 1 - 1 - 3
2572
Minority Int - 1 - 2 -
Att Inc 114 - 74 879 - 1 499
2015
2014 | 2015 | 2016 | 2017 | 2018 | 2019
TotCompIncLoss 4 562 - 73 476 2 106
NOTES: Trading in the new name of FirstRand Namibia Ltd, NSX Code Fixed Ass 17 973 15 595 88 309
FNB, ISIN NA0003475176 will commence on 09 July 2018.
Tot Curr Ass 381 314 439
FINANCIAL STATISTICS Ord SH Int 18 202 15 776 88 690
(NAD million) Jun 19 Jun 18 Jun 17 Jun 16 Jun 15 Minority Int - 163 - 215 - 185
Final Final Final Final Final Tot Curr Liab 315 348 243
Interest Paid 1 852 1 763 1 521 1 216 960
Interest Rcvd 3 865 3 583 3 286 2 869 2 413 PER SHARE STATISTICS (cents per share)
Operating Inc 3 699 3 577 3 339 3 199 2 735 NAV PS (ZARc) 1 093.98 1 048.94 718.51
Tax 547 536 565 565 515 RATIOS
Minority Int 14 21 20 19 17 Current Ratio 1.21 0.90 1.81
Attrib Inc 1 071 1 040 1 093 1 198 982
TotCompIncLoss 1 086 1 058 1 113 1 204 983 Letshego Holdings (Namibia) Ltd.
Ord SH Int 5 353 4 943 4 479 3 990 3 349
LHN
Minority Int 62 73 62 51 40 ISIN: NA000A2DVV41 SHORT: LHN CODE: LHN
Dep & OtherAcc 36 314 32 444 31 681 28 595 24 972 REG NO: 2016/0145 FOUNDED: 2016 LISTED: 2017
Liabilities 38 726 34 394 33 269 30 145 26 395 NATURE OF BUSINESS: Letshego Holdings (Namibia) Ltd. is a listed
Adv & Loans 30 298 28 532 28 258 25 776 22 834 public company, which operates within the Republic of Namibia. Its main
ST Dep & Cash 4 194 4 127 4 134 3 892 2 380 business is holding its investment subsidiaries, namely Letshego Bank
Total Assets 44 140 39 410 37 810 34 186 29 784 (Namibia) Ltd. (‘LBN’) and Letshego Micro Financial Services (Namibia)
(Pty) Ltd. (‘LMFSN’). LHN holds 99.99% of the issued share capital in LBN
PER SHARE STATISTICS (cents per share) and 100% of the issued share capital in LMFSN. The Group provides
EPS (ZARc) 409.90 398.10 418.90 459.72 377.50 banking and other financial services to Namibian residents.
HEPS-C (ZARc) 409.90 397.90 416.20 435.90 377.60 SECTOR: Fins—Banks—Banks—Banks
DPS (ZARc) 458.00 204.00 204.00 213.00 183.00 NUMBER OF EMPLOYEES: 116
NAV PS (ZARc) 2 048.00 1 892.00 1 716.00 1 534.00 1 291.00 DIRECTORS: Martins-Hausiku R (ind ne), Mbetjiha R M (ne),
Price Prd End 3 500 4 498 4 711 4 754 3 278 Sambasivan-George M (ne), von Blottnitz S B (ind ne),
RATIOS Palanduz M (Chair, ind ne), Kali E (CEO)
Ret on SH Fund 20.80 22.10 25.60 31.00 32.20 MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2018
RetOnTotalAss 2.60 2.70 3.00 3.60 3.50 Letshego Holdings Ltd. 78.46%
Div Cover 2.00 1.95 2.05 2.00 2.00 Kumwe Investment Holdings Ltd. 11.97%
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