Exxaro Resources Limited
Group and company annual financial statements for the year ended 31 December 2024 
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Chapter 19Annexures (unaudited)

  • Annexure 1: Shareholder analysis

1.1 Exxaro public and non-public shareholding 2024

Shareholder type Number of
shareholders
% of total
shareholders
Number
of shares
% of issued
share capital
Non-public shareholders 16 0.068 108 359 726 31.01
Eyesizwe1 1 0.004 107 612 026 30.81
Kumba Management Share Trust 1 0.004 158 218 0.05
Directors
– PA Koppeschaar2 1 0.004 82 469 0.02
– Dr N Tsengwa2 1 0.004 185 979 0.05
Prescribed officers2 7 0.030 211 109 0.06
Subsidiary directors2 2 0.009 58 625 0.01
Share option scheme trustees2 3 0.013 51 300 0.01
Public shareholders 22 337 99.932 240 945 366 68.99
Total 22 353 100.000 349 305 092 100.00
1 Includes indirect shareholding through Eyesizwe of the following directors:        
  – VZ Mntambo     4 448 839 1.27
2 Includes direct and DBP shareholding.        

1.2 Registered shareholder spread

In accordance with the JSE Listings Requirements, the following table confirms the spread of registered shareholders at 31 December 2024:

Shareholder spread Number of shareholders % of total shareholders Number of shares % of issued share capital
1 to 1 000 shares 19 576 87.58 2 625 243 0.75
1 001 to 10 000 shares 1 801 8.06 5 874 420 1.68
10 001 to 100 000 shares 708 3.17 22 994 200 6.58
100 001 to 1 000 000 shares 225 1.00 62 153 628 17.80
1 000 001 shares and above 43 0.19 255 657 601 73.19
Total 22 353 100.00 349 305 092 100.00

1.3 Substantial investment management and beneficial interests above 5%

Through regular analysis of Strate registered holdings, and pursuant to the provisions of section 56 of the Companies Act, the following shareholders held 5% or more (directly and indirectly) of the issued share capital as at 31 December 2024:

Shareholder spread Number of shares % of issued share capital
Investment management shareholdings    
Eyesizwe 107 612 026 30.81
Public Investment Corporation (PIC) 45 452 981 13.01
M&G investment Managers Proprietary Limited 27 331 479 7.82
Total 180 396 486 51.64
Beneficial shareholdings    
Eyesizwe 107 612 026 30.81
Government Employees Pension Fund 56 436 663 16.16
Total 164 048 689 46.97