Page 33 - Stock Exchange Handbook 2020 - Issue 3

Profile’s Stock Exchange Handbook: 2020 – Issue 3 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: FirstRand Africa. The Company’s principal focusisonbringing its wholly owned
Namibia Ltd. is a listed company on Norasa Uranium Project (“Norasa”) into production. Norasa is the
the Namibian Stock Exchange consolidation of the Valencia and Namibplaas Uranium Projects.
(NSX). FirstRand Namibia Ltd. is As an exploration stage company, the Company’s income is limited to
the controlling company of First interest income and other incidental income. The recoverability of the
National Bank of Namibia Ltd. The Group has shareholding in First National amountsshownformineralproperties,explorationandevaluationcostsand
Bank of Namibia Ltd., Ashburton Unit Trust Management Company Ltd., property, plant and equipment is dependent upon, but not limited to: the
FNB Insurance Brokers Namibia (Pty) Ltd., OUTsurance Insurance Company existenceandeconomicrecoveryofmineralreservesinthefuture;theability
of Namibia Ltd., Pointbreak Equity (Pty) Ltd. and FNB Fiduciary (Namibia) to obtain necessary permits and financing to complete the exploration and
(Pty) Ltd. with RMB Namibia and WesBank as divisions of First National development of these properties; government policies and regulations; and
Bank of Namibia Ltd. As such all of these divisions form part of the service attaining profitable production or proceeds from the disposition of
offering to our customers and are part of our team. FirstRand Namibia Ltd. is properties. The Company may be adversely affected by governmental
home to some of the most successful financial 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
DIRECTORS: Zaamwani-Kamwi Mrs I I (Chair, ind ne), operations in the future, none of which is assured. Forsys is incorporated
Moir Mr S H (Dep Chair, ind ne), Capelao MrOLP (CFO), under the Business Corporations Act (Ontario) and the primary listing of its
Daun MrsJG(ind ne), Grüttemeyer Mr P (ind ne), common shares is on the Toronto Stock Exchange, with secondary listings
Haikali MrCLR(ind ne), Hausiku MrJH(ind ne), Hinda Adv G on the Namibian Stock Exchange and Frankfurt Stock Exchange.
S(ind ne), Khethe MrJR(ind ne), Kruger MrGCP(ne), SECTOR: DevCap—DevCap—DevCap—Development Capital
Nashandi MrIN(ne), van Zyl Mr S J (CEO) NUMBER OF EMPLOYEES: 0
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2020 DIRECTORS: Estepa J (ne), Frewin M (ind ne, UK), Matysek P (ind ne),
FirstRand EMA Holdings (Pty) Ltd. 58.40% Rowly M (Chair, ne), Hilmer M (CEO), Hanna D (CFO)
General Public 26.78% POSTAL ADDRESS: PO Box 909, Toronto, Ontario, M5C 2K3
Government Institutions Pension Fund 14.82% MORE INFO: www.sharedata.co.za/sdo/nsx/FSY
POSTAL ADDRESS: PO Box 195, Windhoek, Namibia COMPANY SECRETARY: Jorge Estepa
WEBSITE: www.fnbnamibia.com.na AUDITORS: BDO
TELEPHONE: 00264 061-299-2111
COMPANY SECRETARY: N Makemba (Mrs) CAPITAL STRUCTURE AUTHORISED ISSUED
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. FSY Ords no par val - 96 875 422
SPONSOR: Cirrus Securities (Pty) Ltd.
40 Week MA FORSYS
AUDITORS: Deloitte & Touche
CAPITAL STRUCTURE AUTHORISED ISSUED 332
FNB Ords of 0.5c ea 990 000 000 267 593 250
278
DISTRIBUTIONS [NADc]
Ords of 0.5c ea Ldt Pay Amt 224
Interim No 54 27 Mar 20 17 Apr 20 104.0
Special No 53 13 Sep 19 4 Oct 19 250.00 170
Final No 52 13 Sep 19 4 Oct 19 117.00
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LIQUIDITY: Jun20 Ave 64 892 shares p.w., R220.8m(1.3% p.a.)
BANK 40 Week MA FNB HOLDINGS 62
2015 | 2016 | 2017 | 2018 | 2019 |
4802
FINANCIAL STATISTICS
(Amts in CAD’000) Mar 18 Dec 17 Dec 16
4176
Quarterly Final Final
3551 Op Inc - 99 - 729 - 823
NetIntPd(Rcvd) - 1 - 1 - 3
2925
Minority Int - 1 - 2 -
Att Inc 114 - 74 879 - 1 499
2299
TotCompIncLoss 4 562 - 73 476 2 106
1674 Fixed Ass 17 973 15 595 88 309
2015 | 2016 | 2017 | 2018 | 2019 |
Tot Curr Ass 381 314 439
FINANCIAL STATISTICS Ord SH Int 18 202 15 776 88 690
(NAD million) Dec 19 Jun 19 Jun 18 Jun 17 Jun 16 Minority Int - 163 - 215 - 185
Interim Final Final Final Final Tot Curr Liab 315 348 243
Interest Paid 985 1 852 1 763 1 521 1 216
Interest Rcvd 2 040 3 865 3 583 3 286 2 869 PER SHARE STATISTICS (cents per share)
Operating Inc 1 972 3 699 3 577 3 339 3 199 NAV PS (ZARc) 1 093.98 1 048.94 718.51
Tax 287 547 536 565 565 RATIOS
Minority Int 5 14 21 20 19 Current Ratio 1.21 0.90 1.81
Attrib Inc 619 1 071 1 040 1 093 1 198
TotCompIncLoss 624 1 086 1 058 1 113 1 204 Letshego Holdings (Namibia) Ltd.
Ord SH Int 5 007 5 353 4 943 4 479 3 990
LHN
Dep & OtherAcc 36 504 36 314 32 444 31 681 28 595 ISIN: NA000A2DVV41 SHORT: LHN CODE: LHN
Liabilities 38 780 38 726 34 394 33 269 30 145 REG NO: 2016/0145 FOUNDED: 2016 LISTED: 2017
Adv & Loans 31 474 30 298 28 532 28 258 25 776 NATURE OF BUSINESS: Letshego Holdings (Namibia) Ltd. is a listed
ST Dep & Cash 3 158 4 194 4 127 4 134 3 892 public company, which operates within the Republic of Namibia. Its main
Total Assets 43 840 44 140 39 410 37 810 34 186 business is holding its investment subsidiaries, namely Letshego Bank
(Namibia) Ltd. (‘LBN’) and Letshego Micro Financial Services (Namibia)
PER SHARE STATISTICS (cents per share) (Pty)Ltd.(‘LMFSN’).LHNholds99.99% oftheissuedsharecapitalinLBN
EPS (ZARc) 236.90 409.90 398.10 418.90 459.72 and 100% of the issued share capital in LMFSN. The Group provides
HEPS-C (ZARc) 236.10 409.90 397.90 416.20 435.90 banking and other financial services to Namibian residents.
DPS (ZARc) 104.00 458.00 204.00 204.00 213.00 SECTOR: Fins—Banks—Banks—Banks
NAV PS (ZARc) 1 916.00 2 048.00 1 892.00 1 716.00 1 534.00 NUMBER OF EMPLOYEES: 116
Price Prd End 3 341 3 500 4 498 4 711 4 754 DIRECTORS: Martins-Hausiku R (ind ne), MbetjihaRM(ne),
RATIOS von BlottnitzSB(ind ne), Palanduz M (Chair, ind ne), Kali E (CEO)
Ret on SH Fund 24.60 20.80 22.10 25.60 31.00 MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2018
RetOnTotalAss 2.90 2.60 2.70 3.00 3.60 Letshego Holdings Ltd. 78.46%
Div Cover 2.30 2.00 1.95 2.05 2.00 Kumwe Investment Holdings Ltd. 11.97%
POSTAL ADDRESS: PO Box 11600, Windhoek, Namibia
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