Alexander Forbes Group Holdings Ownership

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

Recent Insider Transactions

JSE:AFH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
01 Jul 24	SellR2,082,829	Laura Kukard	Individual		286,891	R7.26

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of AFH?
Owner Type	Number of Shares	Ownership Percentage
Company Controlled Foundation	4,451,126	0.349%
Individual Insiders	11,144,430	0.873%
Employee Share Scheme	50,730,815	3.98%
VC/PE Firms	561,591,587	44%
Institutions	648,157,582	50.8%

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

Top Shareholders

Top 25 shareholders own 101.58% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
44.7%	African Rainbow Capital Proprietary Limited	561,591,587	R4.5b	0%	92.41%
35.6%	PGIM, Inc.	446,847,621	R3.6b	0%	0.22%
8.29%	Public Investment Corporation Limited	104,107,928	R827.7m	0%	0.08%
4.04%	Alexander Forbes Management Trust	50,730,815	R403.3m	0%	no data
3.11%	Alexander Forbes Ltd, Employee share trust	39,070,700	R310.6m	0%	100.0%
2.93%	Norges Bank Investment Management	36,725,841	R292.0m	0%	no data
0.62%	Dimensional Fund Advisors LP	7,746,360	R61.6m	0.01%	no data
0.61%	Sanlam Investment Management (Pty) Ltd.	7,703,710	R61.2m	-5.43%	0.04%
0.35%	The Alexander Forbes Community Trust, Endowment Arm	4,451,126	R35.4m	0%	no data
0.28%	D.J. de Villiers	3,506,730	R27.9m	41,600%	no data
0.19%	Visio Fund Management (Pty) Limited	2,367,390	R18.8m	-13.5%	4.63%
0.17%	Bruce Bydawell	2,140,256	R17.0m	56,600%	no data
0.13%	VR Maharaj	1,674,992	R13.3m	158,000%	no data
0.12%	Ann Leepile	1,534,591	R12.2m	83,100%	no data
0.097%	Catharina Wessels	1,219,147	R9.7m	51,400%	no data
0.066%	Vunani Fund Managers (Pty) Ltd.	826,916	R6.6m	0%	0.12%
0.05%	T. Muthige	631,102	R5.0m	75,800%	no data
0.042%	STANLIB Asset Management (Pty) Limited	524,390	R4.2m	-30.3%	0.02%
0.035%	Butsi Tladi	435,986	R3.5m	27,300%	no data
0.03%	Taquanta Asset Managers (Pty) Ltd.	371,397	R3.0m	0%	0.02%
0.029%	Sanlam Namibia Trust Managers Limited	369,882	R2.9m	-4.73%	0.34%
0.021%	Momentum Asset Management (Pty) Ltd.	265,771	R2.1m	0%	0.03%
0.02%	Momentum Outcome-based Solutions (Pty) Ltd.	254,547	R2.0m	0%	0.03%
0.014%	Sygnia Asset Management (Pty) Ltd	173,775	R1.4m	6.4%	no data
0.014%	FCA Corp	170,000	R1.4m	0%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 03:15
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Alexander Forbes Group Holdings Limited is covered by 4 analysts. 0 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
David Talpert	Avior Capital Markets
Bankole Ubogu	Deutsche Bank
Shalin Pather	Morgan Stanley