Adcock Ingram Holdings Ownership

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

Recent Insider Transactions

JSE:AIP Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
27 Mar 25	BuyR756,564	Adcock Ingram Holdings (Pty) Limited, ESOP	Company		15,071	R50.20

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 AIP?
Owner Type	Number of Shares	Ownership Percentage
Employee Share Scheme	2,473,045	1.69%
Institutions	21,328,131	14.5%
General Public	27,834,948	19%
VC/PE Firms	95,126,742	64.8%

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

Top Shareholders

Top 25 shareholders own 80.78% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
64.8%	BB Investment Co. (Pty) Ltd.	95,126,742	R7.1b	0%	100.0%
9.69%	Public Investment Corporation Limited	14,220,266	R1.1b	0%	0.07%
1.69%	Adcock Ingram Holdings (Pty) Limited, ESOP	2,473,045	R185.0m	0%	100.0%
0.87%	Investec Wealth & Investment Management (Pty) Ltd	1,275,699	R95.4m	4.16%	0.58%
0.61%	Dimensional Fund Advisors LP	894,627	R66.9m	-3.68%	no data
0.53%	Centaur Asset Management Ltd.	781,066	R58.4m	2.46%	0.67%
0.48%	Camissa Asset Management Proprietary Limited	707,798	R52.9m	88.2%	0.25%
0.29%	Abax Investments Proprietary Limited	430,010	R32.2m	-31.8%	0.57%
0.28%	Counterpoint Boutique Pty Ltd	408,800	R30.6m	37.6%	1.22%
0.24%	State Street Global Advisors, Inc.	358,224	R26.8m	5.67%	no data
0.23%	Polaris Capital South Africa	333,400	R24.9m	85.2%	0.14%
0.19%	Old Mutual Investment Group South Africa (Pty) Limited	278,080	R20.8m	12.1%	no data
0.13%	36one Asset Management (Pty) Ltd.	192,841	R14.4m	0%	0.05%
0.13%	Boutique Collective Investments (Pty) Ltd.	188,678	R14.1m	-17.4%	0.51%
0.087%	Taquanta Asset Managers (Pty) Ltd.	127,987	R9.6m	0%	0.05%
0.073%	N-e-FG Fund Management (Pty) Ltd.	106,746	R8.0m	0%	1.54%
0.07%	Old Mutual Customised Solutions (Pty) Limited	103,461	R7.7m	-75.4%	0.04%
0.061%	Momentum Asset Management (Pty) Ltd.	89,793	R6.7m	-1.26%	0.05%
0.053%	Grindrod Asset Management (Pty) Ltd.	77,600	R5.8m	33.8%	0.45%
0.052%	Sasfin Asset Managers (Pty) Ltd.	76,600	R5.7m	-4.49%	0.12%
0.046%	Sanlam Investment Management (Pty) Ltd.	67,833	R5.1m	2.03%	no data
0.045%	All Weather Capital (Pty) Ltd	66,313	R5.0m	1.03%	0.12%
0.04%	Dotport (Pty) Ltd	58,900	R4.4m	13.6%	2.69%
0.04%	Sentio Capital Management (Pty) Ltd.	58,757	R4.4m	0%	0.14%
0.035%	STANLIB Asset Management (Pty) Limited	51,525	R3.9m	6.96%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/12 17:04
End of Day Share Price	2025/11/04 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

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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 Github.

Analyst Sources

Adcock Ingram Holdings Limited is covered by 7 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
Marcelle Jankelow	Citigroup Inc
Sean Ashton	Deutsche Bank
Alex Robert Comer	J.P. Morgan