KAP Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

JSE:KAP Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Nov 25	BuyR68,802	Stephanus Muller	Individual	40,001	R1.72
18 Sep 25	BuyR582,423	Frans Olivier	Individual	372,000	R1.57
17 Sep 25	BuyR50,050	Johannes Holtzhausen	Individual	32,500	R1.54
12 Sep 25	BuyR148,750	Johannes Holtzhausen	Individual	85,000	R1.75
05 Sep 25	BuyR498,038	Frans Olivier	Individual	285,000	R1.75
04 Sep 25	BuyR199,597	Johannes Holtzhausen	Individual	107,500	R1.86
28 Feb 25	SellR897,579	Frans Olivier	Individual	339,991	R2.64

Insider Trading Volume

Insider Buying: KAP insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of KAP?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	11,051,675	0.442%
Sovereign Wealth Funds	127,551,000	5.1%
General Public	966,038,376	38.6%
Institutions	1,396,546,990	55.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 60.65% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
20.9%	Public Investment Corporation Limited	523,068,257	R1.2b	0%	0.07%
16.9%	Allan Gray Proprietary Ltd.	421,711,206	R961.5m	0%	0.36%
5.1%	Norges Bank Investment Management	127,551,000	R290.8m	0%	no data
4.16%	Sanlam Investment Management (Pty) Ltd.	104,159,409	R237.5m	0%	0.12%
4.12%	The Vanguard Group, Inc.	103,070,637	R235.0m	2.15%	no data
2.02%	Camissa Asset Management Proprietary Limited	50,619,562	R115.4m	0%	0.47%
1.65%	Dimensional Fund Advisors LP	41,170,642	R93.9m	-6.05%	no data
1.36%	Truffle Asset Management	34,060,369	R77.7m	0%	0.12%
0.97%	Abax Investments Proprietary Limited	24,249,450	R55.3m	0%	0.92%
0.88%	Old Mutual Customised Solutions (Pty) Limited	22,095,272	R50.4m	0%	0.25%
0.44%	Old Mutual Investment Group South Africa (Pty) Limited	10,921,133	R24.9m	0%	0.01%
0.29%	Ashburton Fund Managers (Pty) Ltd.	7,149,987	R16.3m	0%	0.07%
0.25%	Gary Chaplin	6,358,772	R14.5m	0%	no data
0.24%	Taquanta Asset Managers (Pty) Ltd.	6,020,981	R13.7m	0%	0.06%
0.23%	Polaris Capital South Africa	5,749,450	R13.1m	0%	0.09%
0.2%	Coronation Fund Managers Limited	5,043,015	R11.5m	0%	no data
0.2%	Stanlib Collective Investments	4,902,802	R11.2m	0%	0.06%
0.13%	Sanlam Namibia Trust Managers Limited	3,194,148	R7.3m	0%	0.5%
0.12%	STANLIB Asset Management (Pty) Limited	2,970,378	R6.8m	0%	0.02%
0.097%	Stanlib Multi-Manager Ltd.	2,438,182	R5.6m	0%	0.11%
0.096%	Warwick Funds (Pty) Ltd	2,402,651	R5.5m	0%	0.5%
0.086%	American Century Investment Management Inc	2,157,234	R4.9m	0%	no data
0.086%	Sygnia Asset Management (Pty) Ltd	2,145,264	R4.9m	0%	0.01%
0.08%	Investment Solutions Ltd.	2,005,070	R4.6m	0%	0.03%
0.069%	Frans Olivier	1,717,009	R3.9m	29.5%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/17 23:25
End of Day Share Price	2026/01/16 00:00
Earnings	2025/06/30
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KAP Limited is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brent Madel	Absa Bank Limited
Michael Jacks	Arqaam Capital Research Offshore S.A.L.
Peter Mark Hodgson	Avior Capital Markets