RCL Foods Ownership

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

Recent Insider Transactions

JSE:RCL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
08 Sep 25	BuyR474,320	P. Cruickshank	Individual	48,400	R9.80
05 Sep 25	BuyR2,625,423	P. Cruickshank	Individual	269,510	R9.80
08 Apr 25	BuyR397,581	P. Cruickshank	Individual	41,588	R9.56
17 Mar 25	BuyR208,269	P. Cruickshank	Individual	21,252	R9.80

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of RCL?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	3,443,495	0.381%
Institutions	186,630,218	20.6%
Private Companies	714,057,943	79%

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

Top Shareholders

Top 25 shareholders own 100.77% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
79.6%	Industrial Partnership Investments Limited	714,057,943	R6.9b	0%	no data
4.69%	MandG Investments Southern Africa (Pty) Ltd	42,106,487	R408.4m	-6.16%	0.62%
4.61%	Oasis Asset Management Limited	41,361,827	R401.2m	1.04%	65.87%
4.07%	Oasis Crescent Capital (Proprietary) Limited	36,549,932	R354.5m	2.08%	42.59%
3.58%	Public Investment Corporation Limited	32,159,527	R311.9m	7.02%	0.02%
2.16%	Ninety One UK Limited	19,336,221	R187.6m	7.95%	0.01%
1.24%	Investment Solutions Ltd.	11,081,784	R107.5m	13.2%	0.76%
0.25%	Robert Field	2,285,915	R22.2m	0%	no data
0.13%	Dimensional Fund Advisors LP	1,205,577	R11.7m	-0.05%	no data
0.13%	P. Cruickshank	1,157,194	R11.2m	-3.09%	no data
0.049%	Taquanta Asset Managers (Pty) Ltd.	441,104	R4.3m	23.2%	0.02%
0.044%	36one Asset Management (Pty) Ltd.	396,029	R3.8m	0%	0.01%
0.039%	Momentum Asset Management (Pty) Ltd.	351,293	R3.4m	0%	0.03%
0.034%	STANLIB Asset Management (Pty) Limited	302,528	R2.9m	4.42%	0.01%
0.029%	Old Mutual Customised Solutions (Pty) Limited	255,690	R2.5m	488%	0.01%
0.026%	Boutique Investment Partners (Pty) Ltd	229,949	R2.2m	0%	0.35%
0.025%	Stanlib Multi-Manager Ltd.	223,694	R2.2m	0%	0.04%
0.024%	Sasfin Asset Managers (Pty) Ltd.	219,000	R2.1m	-4.45%	0.04%
0.01%	Alexander Forbes Investments (Pty) Ltd.	92,737	R899.9k	-0.35%	0.12%
0.0083%	Old Mutual Investment Group South Africa (Pty) Limited	74,709	R725.0k	-29%	no data
0.0079%	Momentum Multi-Manager (Pty) Ltd	71,095	R689.3k	0%	0.01%
0.0074%	M&G Investment Managers (Pty) Limited	66,715	R647.5k	0%	no data
0.0066%	10X Investments (Pty) Ltd	59,198	R574.4k	0%	no data
0.0022%	1nvest Fund Managers (Pty) Ltd	19,389	R188.0k	2.27%	no data
0.0017%	Sanlam Multi Manager International (Pty) Ltd	15,044	R146.2k	2.34%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/14 17:20
End of Day Share Price	2025/11/14 00:00
Earnings	2025/06/29
Annual Earnings	2025/06/29

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

RCL Foods Limited is covered by 6 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
Victor Dima	Arqaam Capital Research Offshore S.A.L.
Niel Venter	BofA Global Research
Kgosietsile Rahube	Citigroup Inc