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Sanlam Ltd (SLMJ.J)

SLMJ.J on Johannesburg Stock Exchange

6,916.00ZAc
19 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Sanlam Expects Economic, Operating Environment To Remain Subdued In Largest Markets For 2018
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Sanlam Ltd ::NEW BUSINESS VOLUMES OF R69 BILLION, DOWN 3% ON FIRST FOUR MONTHS OF 2017 FINANCIAL YEAR.SANLAM PERSONAL FINANCE ACHIEVED OVERALL NEW BUSINESS SALES GROWTH OF 11% FOR FOUR MONTHS TO 30 APRIL 2018.ACQUISITION OF REMAINING INTEREST IN SAHAM FINANCES IS PROGRESSING ACCORDING TO PLAN.GROUP'S PROFILE ENABLED US TO DELIVER A SATISFACTORY OPERATIONAL PERFORMANCE FOR FOUR MONTHS ENDED 30 APRIL 2018.SANLAM-EXPECT ECONOMIC, OPERATING ENVIRONMENT TO REMAIN SUBDUED IN LARGEST MARKETS FOR 2018 WITH RESULTING IMPACT ON CO'S KEY OPERATIONAL PERFORMANCE INDICATORS.NEW BUSINESS VOLUMES IN RECURRING PREMIUM BUSINESS CLUSTER INCREASED BY 29% IN FIRST FOUR MONTHS OF 2018.IMPROVED INVESTOR SENTIMENT IN A.AFRICA IS EXPECTED TO SUPPORT NEW BUSINESS GROWTH IN GLACIER,SANLAM INVESTMENTS DURING REMAINDER OF YEAR.CHANGE IN MIX TO LESS PROFITABLE LINES OF BUSINESS IN GLACIER IS EXPECTED TO CONTINUE.  Full Article

Sanlam ‍Proposes Placing Of New Ordinary Shares To Raise Up To ZAR 5,700 Mln​
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Sanlam Ltd ::‍PROPOSED PLACING OF NEW ORDINARY SHARES TO RAISE UP TO ZAR 5,700 MILLION​.‍NET PROCEEDS FROM PLACING WILL BE USED TO PART FUND SAHAM ACQUISITION​.‍PLACING IS BEING CONDUCTED THROUGH ACCELERATED BOOKBUILD PROCESS WHICH WILL BE LAUNCHED IMMEDIATELY​.‍PRICE PER ORDINARY SHARE AT WHICH PLACING SHARES WILL BE PLACED WILL BE DECIDED AT CLOSE OF BOOKBUILD​.  Full Article

‍Sanlam Updates On Exposure To Steinhoff International Holdings ​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Sanlam Ltd ::‍SANLAM EXPOSURE TO STEINHOFF INTERNATIONAL HOLDINGS NV​.SANLAM - ‍HAS EXPOSURE TO STEINHOFF INSTRUMENTS IN ON-BALANCE SHEET POLICYHOLDER ,SHAREHOLDER PORTFOLIOS, INVESTMENT PORTFOLIOS MANAGED ON BEHALF OF THIRD PARTY CLIENTS​.- ‍GROUP'S EXPOSURE TO STEINHOFF INSTRUMENTS ORIGINATED FROM NORMAL COURSE OF BUSINESS TRANSACTIONS, WITH MANY OF POSITIONS IN PLACE FOR A NUMBER OF YEARS​.‍EQUITY EXPOSURES WERE IN GENERAL IN LINE WITH OR SLIGHTLY ABOVE STEINHOFF'S BENCHMARK INDEX WEIGHTING ON 1 DECEMBER 2017​.‍DIRECT DEBT EXPOSURES WERE ALSO IN LINE WITH GROUP'S RISK MANAGEMENT FRAMEWORK​.‍BEST ESTIMATE POTENTIAL IMPACT ON GROUP'S 2017 AND FUTURE EARNINGS IS NOT SIGNIFICANT​.‍POTENTIAL IMPACT ON SANLAM CLIENTS' INVESTMENT RETURNS WILL VARY DEPENDING ON EACH INDIVIDUAL PORTFOLIO'S EXPOSURE TO DIFFERENT ASSET CLASSES​.- ‍POTENTIAL IMPACT ON SANLAM CLIENTS' INVESTMENT RETURNS WILL VARY DEPENDING ON EACH INDIVIDUAL PORTFOLIO'S EXPOSURE TO DIFFERENT ASSET CLASSE​.SANLAM - POTENTIAL FINANCIAL EFFECTS ON NET ASSET VALUE , EARNINGS WILL ONLY HAVE A MARGINAL EFFECT ON SOLVENCY RATIO WITHOUT IMPACTING DIVIDEND PAYMENT CAPABILITY​.  Full Article

Sanlam Ltd Says For First 10 Months Of 2017, Normalised Headline Earnings Up 22%
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Sanlam Ltd ::FOR FIRST 10 MONTHS OF 2017 FINANCIAL YEAR, NORMALISED HEADLINE EARNINGS UP 22%.EXPECT THAT ECONOMIC AND OPERATING ENVIRONMENT WILL REMAIN CHALLENGING FOR REMAINDER OF 2017.FOR FIRST 10 MONTHS OF 2017 FINANCIAL YEAR, DILUTED HEADLINE EARNINGS PER SHARE INCREASED BY 2%.  Full Article

SA's Competition Tribunal approves African Rainbow Capital-ooba deal with conditions
Friday, 12 Aug 2016 

South Africa's Competition Tribunal: African Rainbow Capital - ooba merger approved with conditions Further company coverage: [SLMJ.J].  Full Article

Investors build up exposure to beaten-down UK infrastructure

LONDON Leading shareholders in British listed infrastructure funds are doubling down on their investments, betting the political worries that sent valuations to decade-lows are overdone.