Edition:
United Kingdom

Santam Ltd (SNTJ.J)

SNTJ.J on Johannesburg Stock Exchange

33,185.00ZAc
21 Sep 2018
Change (% chg)

516.00 (+1.58%)
Prev Close
32,669.00
Open
30,526.00
Day's High
34,000.00
Day's Low
30,526.00
Volume
185,414
Avg. Vol
53,570
52-wk High
35,000.00
52-wk Low
23,660.00

Latest Key Developments (Source: Significant Developments)

Santam Says HY HEPS 1,018 CENTS
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Santam Ltd ::HY INTERIM DIVIDEND OF 363 CENTS PER SHARE, UP 8 PCT.HY HEPS 1 018 CENTS.HY GROSS WRITTEN PREMIUM R15 591MLN VERSUS R13 795 MILLION.GROUP ECONOMIC CAPITAL REQUIREMENT AT 30 JUNE AMOUNTED TO R6.4 BILLION.GROUP'S FOCUS REMAINS ON GROWING PROFITABLY IN SOUTH AFRICA AND INCREASING ITS INTERNATIONAL DIVERSIFICATION.  Full Article

Santam Expects HY HEPS Between 1,000 And 1,040 Cents Per Share
Monday, 13 Aug 2018 

Aug 13 (Reuters) - Santam Ltd ::EXPECTS HY HEPS TO BE BETWEEN 1 000 CPS AND 1 040 CPS.HY NET UNDERWRITING MARGIN IS EXPECTED TO BE SLIGHTLY ABOVE LONG-TERM TARGET RANGE OF 4% TO 8%.INCREASE IN HEPS AND EPS HAS BEEN DRIVEN BY SIGNIFICANTLY IMPROVED UNDERWRITING RESULTS COMPARED TO SIX MONTHS ENDED JUNE 2017.  Full Article

Santam Ltd Appoints Vusumuzi (Vusi) Phillip Khanyile As Chairperson With Effect From July 1
Friday, 29 Jun 2018 

June 29 (Reuters) - Santam Ltd ::GRANT GELINK WILL RESIGN AS CHAIRMAN AND NON-EXECUTIVE DIRECTOR WITH EFFECT FROM 30 JUNE 2018.APPOINTMENT OF MR VUSUMUZI (VUSI) PHILLIP KHANYILE AS ITS CHAIRPERSON WITH EFFECT FROM 1 JULY 2018.  Full Article

Santam Ltd Says ‍Yaganthrie Ramiah Has Resigned From Board
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Santam Ltd ::‍YAGANTHRIE RAMIAH HAS RESIGNED FROM BOARD WITH EFFECT FROM 5 JANUARY 2018​.  Full Article

Santam sees FY HEPS to be down between 39-44
Tuesday, 14 Feb 2017 

Santam Ltd : Says trading statement for year ended Dec. 31 2016 . Santam HEPS for year ended Dec.31 to be between 39 to 44 pct below and EPS to be between 44 to 49 pct lower versus last year . Says HEPS is expected to be between 1 033 cps and 1 125 cps (2015: 1 844 cps) . Says EPS is expected to be between 1 066 cps and 1 170 cps (2015: 2 090 cps) . Says decrease in HEPS and EPS has been driven by a normalisation of net underwriting results . Says net underwriting margin is expected to be above midpoint of long term target range of 4 to 8 pct of net earned premiums .Says net commission ratio also increased following lower reinsurance commission earned on specialist business lines and higher commission rates.  Full Article

UPDATE 1-South Africa's Sanlam raises $490 mln in new share issue

JOHANNESBURG, March 28 Leading South African insurer Sanlam has raised 5.7 billion rand ($490 million) by selling new shares to help fund its joint acquisition of Moroccan company SAHAM Finances, it said on Wednesday.