Aimia Ownership

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

Recent Insider Transactions

JSE:AII Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
15 May 26	BuyR324,341	Robert Feingold	Individual	10,000	R32.43
15 May 26	BuyR162,822	Steven Leonard	Individual	5,000	R32.61
13 Apr 26	BuyR162,736	Steven Leonard	Individual	5,000	R32.55
13 Apr 26	BuyR1,134,966	Rhys Summerton	Individual	35,000	R32.43
10 Apr 26	BuyR1,027,842	Milkwood Capital Limited	Company	31,100	R33.17
31 Mar 26	BuyR51,721	Thomas Little	Individual	1,500	R34.72
30 Mar 26	BuyR34,316	Philippe Naud	Individual	1,000	R34.32
30 Mar 26	BuyR769,470	Thomas Little	Individual	22,000	R35.30
27 Mar 26	BuyR1,551,734	Thomas Little	Individual	45,000	R35.12
26 Mar 26	BuyR2,558,352	Thomas Little	Individual	75,000	R34.81
26 Mar 26	BuyR169,345	Steven Leonard	Individual	5,000	R33.94
26 Mar 26	BuyR173,418	Joseph Racanelli	Individual	5,000	R34.68
03 Oct 25	BuyR184,519	Steven Leonard	Individual	4,639	R39.78
03 Oct 25	SellR183,316	Steven Leonard	Individual	4,639	R39.52
27 Jun 25	BuyR172,404,487	Milkwood Capital Limited	Company	4,275,433	R40.45
19 Jun 25	BuyR49,416	Rhys Summerton	Individual	1,300	R38.01
04 Jun 25	BuyR385,389	Thomas Little	Individual	10,000	R38.54

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of AII?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,170,319	1.32%
Hedge Funds	10,212,513	11.5%
Institutions	32,410,330	36.5%
General Public	44,997,123	50.7%

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

Top Shareholders

Top 18 shareholders own 49.32% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
30.3%	Mithaq Capital	26,893,588	R853.0m	0%	20.58%
11.5%	Milkwood Capital Limited	10,212,513	R323.9m	139%	74.06%
2.66%	azValor Asset Management SGIIC, S.A.U.	2,365,183	R75.0m	0%	0.12%
1.69%	McElvaine Investment Management Ltd.	1,500,000	R47.6m	0%	13.09%
1.09%	Dimensional Fund Advisors LP	966,104	R30.6m	-3.6%	no data
0.6%	Rhys Summerton	536,300	R17.0m	6.98%	no data
0.4%	GAMCO Investors, Inc.	355,495	R11.3m	0%	no data
0.4%	Thomas Little	351,500	R11.1m	0%	no data
0.17%	Robert Feingold	150,362	R4.8m	7.12%	no data
0.16%	CIBC Asset Management Inc.	139,900	R4.4m	0%	no data
0.13%	Esfera Capital Gestión SGIIC, SA	114,828	R3.6m	0%	0.11%
0.087%	Steven Leonard	76,889	R2.4m	15%	no data
0.068%	Gesalcalá, SA, SGIIC	60,064	R1.9m	0%	0.02%
0.044%	Mathieu Giguere	38,718	R1.2m	0%	no data
0.017%	Joseph Racanelli	15,000	R475.7k	50%	no data
0.0089%	Connor, Clark & Lunn Investment Management Ltd.	7,907	R250.9k	0%	no data
0.0082%	American Century Investment Management Inc	7,261	R230.4k	0%	no data
0.0018%	Philippe Naud	1,550	R49.3k	182%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/22 13:25
End of Day Share Price	2026/05/21 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

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

Aimia Inc. is covered by 14 analysts. 1 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
Claude Proulx	BMO Capital Markets Equity Research
Lawson Winder	BofA Global Research
Aravinda Galappatthige	Canaccord Genuity