Announcement • May 20
RMB Holdings Limited to Report Second Half, 2026 Results on May 25, 2026 RMB Holdings Limited announced that they will report second half, 2026 results on May 25, 2026 Announcement • Feb 09
Atterbury Property Fund Proprietary Limited, I Faan Proprietary Limited and I Dirk Proprietary Limited agreed to acquire an additional 71.65% stake in RMB Holdings Limited (JSE:RMH) for approximately ZAR 460 million. Atterbury Property Fund Proprietary Limited, I Faan Proprietary Limited and I Dirk Proprietary Limited agreed to acquire an additional 71.65% stake in RMB Holdings Limited (JSE:RMH) for approximately ZAR 460 million on February 9, 2026. A cash consideration of ZAR 458.24 million valued at ZAR 0.47 per share will be paid by Atterbury Property Fund Proprietary Limited, I Faan Proprietary Limited and I Dirk Proprietary Limited. As part of consideration, ZAR 458.24 million is paid towards common equity of RMB Holdings Limited.
The transaction is subject to subject to antitrust regulations and approval by regulatory board / committee. The expected completion of the transaction is April 24, 2026.
Alchemy Law Africa acted as legal advisor for I Dirk Proprietary Limited, I Faan Proprietary Limited and Atterbury Property Fund Proprietary Limited. Pallidus acted as financial advisor for I Dirk Proprietary Limited, I Faan Proprietary Limited and Atterbury Property Fund Proprietary Limited. Webber Wentzel acted as legal advisor for RMB Holdings Limited. Investec Bank Limited acted as financial advisor for RMB Holdings Limited. Announcement • Jan 30
RMB Holdings Limited, Annual General Meeting, Mar 04, 2026 RMB Holdings Limited, Annual General Meeting, Mar 04, 2026. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. CEO, Financial Director & Executive Director Brian Roberts was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 07
New major risk - Revenue and earnings growth Earnings have declined by 5.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.0% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (R639.6m market cap, or US$37.7m). Announcement • Nov 12
RMB Holdings Limited to Report Q1, 2026 Results on Dec 08, 2025 RMB Holdings Limited announced that they will report Q1, 2026 results on Dec 08, 2025 Announcement • Mar 26
RMB Holdings Limited Announces Board and Remuneration Committee Changes RMB Holdings Limited announced changes to the RMH Board of Directors, effective 26 March 2025. Mr. Udo Lucht has decided to step down from the RMH Board and Remuneration Committee. Mr. Per Lagerström, currently an independent non-executive director, will fill the RMH Remuneration Committee vacancy following the resignation of Mr. Lucht. New Risk • Feb 03
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2023 fiscal period end). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (R76m revenue, or US$4.1m). Market cap is less than US$100m (R556.2m market cap, or US$29.8m). New Risk • Feb 01
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (R556.2m market cap, or US$29.8m). Announcement • Jan 31
RMB Holdings Limited, Annual General Meeting, Mar 05, 2025 RMB Holdings Limited, Annual General Meeting, Mar 05, 2025. Announcement • Dec 13
Breede Coalitions (Pty) Ltd acquired an unknown minority stake in RMB Holdings Limited (JSE:RMH) from Royal Bafokeng Holdings (Pty) Ltd. Breede Coalitions (Pty) Ltd acquired an unknown minority stake in RMB Holdings Limited (JSE:RMH) from Royal Bafokeng Holdings (Pty) Ltd on December 11, 2024. This acquisition has resulted in Breede holding a beneficial interest of 11.5% in the 1,392.9 million issued ordinary shares of RMB Holdings Limited. This disposal has resulted in RBH reducing its beneficial interest to 2.62% of the 1,392.9 million issued ordinary shares of RMB Holdings Limited.
Breede Coalitions (Pty) Ltd completed the acquisition of an unknown minority stake in RMB Holdings Limited (JSE:RMH) from Royal Bafokeng Holdings (Pty) Ltd on December 11, 2024. New Risk • Dec 12
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2023 fiscal period end). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (R76m revenue, or US$4.3m). Market cap is less than US$100m (R569.4m market cap, or US$32.3m). Upcoming Dividend • Aug 21
Upcoming dividend of R0.037 per share Eligible shareholders must have bought the stock before 28 August 2024. Payment date: 02 September 2024. The company last paid an ordinary dividend in September 2013. The average dividend yield among industry peers is 4.3%. Announcement • Jul 18
Rmb Holdings Limited Declares Gross Special Dividend, Payable on 2 September 2024 RMB Holdings Limited announced on 28 June 2024 Attacq Limited announced the purchase of the remaining 20% of the undivided share in Mall of Africa from Atterbury Property Holdings Proprietary Limited (Atterbury). Following the successful implementation of the transaction, the Atterbury board of directors proceeded to declare a dividend to its shareholders. In line with RMH dividend policy of returning cash to shareholders as assets are monetized, RMH intends to distribute its share of the Atterbury dividend to RMH shareholders. Accordingly, notice is hereby given that a gross special dividend of 3.75 cents per RMH share, payable out of income reserve, was declared by the RMH board of directors on 17 July 2024 by passing the necessary resolutions. The special dividend will be subject to Dividend Withholding Tax at a rate of 20%, which will result in a net dividend of 3.0 cents per share for those RMH shareholders who are not exempt. RMH's tax reference number is 9950/098/71/6 and its issued share capital at the declaration date comprises 1 392 933 199 ordinary shares. Shares commence trading ex-dividend on is 28 August 2024. Record date is 30 August 2024. Special dividend payment date is 2 September 2024. New Risk • Jun 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (R76m revenue, or US$4.2m). Market cap is less than US$100m (R542.9m market cap, or US$29.8m). Upcoming Dividend • May 21
Upcoming dividend of R0.035 per share Eligible shareholders must have bought the stock before 28 May 2024. Payment date: 03 June 2024. The company last paid an ordinary dividend in September 2013. The average dividend yield among industry peers is 5.2%. Announcement • Apr 24
RMB Holdings Limited Declares Special Dividend, Payable on 3 June 2024 RMB Holdings Limited announced that in keeping with stated strategy of asset monetisation and returning value to RMH shareholders, the RMH board has approved the distribution of the proceeds of the Divercity share repurchase to RMH shareholders. Accordingly, notice is hereby given that a gross special dividend of 3.5 cents per RMH share, payable out of income reserve was declared by the RMH board on 23 April 2024 by passing the necessary resolutions. The special dividend will be subject to Dividend Withholding Tax at a rate of 20%, which will result in a net dividend of 2.8 cents per share for those shareholders who are not exempt. The special dividend is subject to Exchange Control approval. A further announcement will be released once Exchange Control approval has been obtained. Shares commence trading ex-dividend on 28 May 2024 with Record date on 31 May 2024. Special dividend payment date is on 3 June 2024. Announcement • Mar 28
RMB Holdings Limited Announces Board Changes RMB Holdings Limited announced following changes to the RMH Board of Directors, effective 28 March 2024. Mr. James Teeger has decided to step down from the RMH Board and Audit Committee. Ms Mamogae Mahlare, currently an independent non-executive director, will fill the RMH Audit Committee vacancy following the resignation of Mr. Teeger. New Risk • Jan 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (R76m revenue, or US$4.0m). Market cap is less than US$100m (R506.9m market cap, or US$26.8m). Upcoming Dividend • Jan 17
Upcoming dividend of R0.23 per share Eligible shareholders must have bought the stock before 24 January 2024. Payment date: 29 January 2024. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 5.0%. Reported Earnings • Dec 17
First half 2024 earnings released: EPS: R0.011 (vs R0.37 loss in 1H 2023) First half 2024 results: EPS: R0.011 (up from R0.37 loss in 1H 2023). Net income: R15.0m (up R529.0m from 1H 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Dec 13
RMB Holdings Limited Announces Special Dividend, Payable on 29 January 2024 Accordingly, notice is hereby given RMB Holdings Limited announced that a gross special dividend of 23.5 cents per RMH share, payable out of income reserve was declared by the board on 12 December 2023 by passing the necessary resolutions. The special dividend will be subject to Dividend Withholding Tax at a rate of 20%, which will result in a net dividend of 18.800000 cents per share for those shareholders who are not exempt. Shares commence trading ex-dividend is 24 January 2024. Record date is 26 January 2024. Special dividend payment date is 29 January 2024. Announcement • Dec 06
RMB Holdings Limited to Report Fiscal Year 2023 Results on Dec 13, 2023 RMB Holdings Limited announced that they will report fiscal year 2023 results on Dec 13, 2023 Recent Insider Transactions Derivative • Sep 29
CEO & Executive Director exercised options to buy R4.2m worth of stock. On the 26th of September, Brian Roberts exercised options to buy 9m shares at a strike price of around R0.47, costing a total of R4.1m. This transaction amounted to 17% of their direct individual holding at the time of the trade. Since March 2023, Brian has owned 49.43m shares directly. Company insiders have collectively bought R5.7m more than they sold, via options and on-market transactions, in the last 12 months. Announcement • Aug 01
RMB Holdings Limited, Annual General Meeting, Dec 05, 2023 RMB Holdings Limited, Annual General Meeting, Dec 05, 2023, at 11:00 South Africa Standard Time. Agenda: To consider Re-election of directors by way of separate resolutions; Appointment of director; Place 70 310 161 of the authorised unissued ordinary shares under the control of the directors; : General authority to issue ordinary shares for cash; Approval of reappointment of the auditor; Election of the company’s audit and risk committee members; and to discuss other mattes. New Risk • Jul 02
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 52% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (R680.5m market cap, or US$36.2m). Reported Earnings • Jul 02
Full year 2023 earnings released: R0.32 loss per share (vs R0.44 profit in FY 2022) Full year 2023 results: R0.32 loss per share (down from R0.44 profit in FY 2022). Net loss: R440.0m (down 172% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Jun 30
RMB Holdings Limited to Report Fiscal Year 2023 Results on Jul 29, 2023 RMB Holdings Limited announced that they will report fiscal year 2023 results on Jul 29, 2023 New Risk • Jun 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Revenue is less than US$5m (R54m revenue, or US$3.0m). Market cap is less than US$100m (R694.4m market cap, or US$38.0m). Reported Earnings • Dec 16
First half 2023 earnings released: R0.37 loss per share (vs R0.31 profit in 1H 2022) First half 2023 results: R0.37 loss per share (down from R0.31 profit in 1H 2022). Net loss: R514.0m (down 218% from profit in 1H 2022). Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Non-Executive Director Udo Lucht was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 28
Upcoming dividend of R1.42 per share Eligible shareholders must have bought the stock before 05 October 2022. Payment date: 10 October 2022. The company last paid an ordinary dividend in February 2012. The average dividend yield among industry peers is 4.8%. Reported Earnings • Jun 29
Full year 2022 earnings released: EPS: R0.44 (vs R0.068 loss in FY 2021) Full year 2022 results: EPS: R0.44 (up from R0.068 loss in FY 2021). Net income: R611.0m (up R707.0m from FY 2021). Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non-Executive Director Udo Lucht was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Non-Executive Director Udo Lucht was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 01
Full year 2021 earnings released: R0.068 loss per share (vs R4.15 loss in FY 2020) Full year 2021 results: Net loss: R96.0m (loss narrowed 98% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 14 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 28
Inaugural dividend of R0.80 per share Eligible shareholders must have bought the stock before 05 May 2021. Payment date: 10 May 2021. The company last paid an ordinary dividend in October 2019. The average dividend yield among industry peers is 3.6%. Executive Departure • Mar 25
Non-Executive Director has left the company On the 23rd of March, Albertinah Kekana's tenure as Non-Executive Director ended after 8.1 years in the role. We don't have any record of a personal shareholding under Albertinah's name. A total of 8 executives have left over the last 12 months. Reported Earnings • Mar 21
First half 2021 earnings released: R0.032 loss per share (vs R0.13 loss in 1H 2020) First half 2021 results: Revenue: -R45.0m (down 82% from 1H 2020). Net loss: R45.0m (loss narrowed 74% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 83% per year but the company’s share price has only fallen by 73% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 29
New 90-day high: R1.44 The company is up 35% from its price of R1.07 on 30 October 2020. The South African market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: R1.36 The company is up 11% from its price of R1.23 on 16 September 2020. The South African market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Diversified Financial industry, which is up 24% over the same period. Is New 90 Day High Low • Oct 10
New 90-day low: R1.07 The company is down 29% from its price of R1.50 on 10 July 2020. The South African market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is down 3.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: R1.12 The company is down 34% from its price of R1.70 on 24 June 2020. The South African market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is down 19% over the same period. Reported Earnings • Sep 20
Full year earnings released - R0.26 loss per share Over the last 12 months the company has reported total losses of R365.0m, with losses widening by 70% from the prior year.