Lighthouse Properties Management

Management criteria checks 2/4

Lighthouse Properties' CEO is Justin Muller, appointed in Jul 2021, has a tenure of 3.33 years. directly owns 0.16% of the company’s shares, worth ZAR22.84M. The average tenure of the management team and the board of directors is 3.3 years and 3.9 years respectively.

Key information

Justin Muller

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	0.2%
Management average tenure	3.3yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

Why Lighthouse Properties' (JSE:LTE) Earnings Are Weaker Than They Seem

Mar 18

What Lighthouse Properties plc's (JSE:LTE) 27% Share Price Gain Is Not Telling You

Dec 09

CEO

Justin Muller (40 yo)

3.3yrs

Tenure

Mr. Justin Jamer Muller, C.A.(SA), BCompt (Hons), NDREES, has been Executive Director of Lighthouse Properties plc (formerly known as Lighthouse Capital Limited) since May 13, 2019 and has been its Chief E...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Justin Muller	CEO & Executive Director	3.3yrs	no data	0.16% ZAR 22.8m
Jacobus van Biljon	CFO & Executive Director	7.3yrs	no data	0.10% ZAR 14.2m
Edward McDonald	COO & Executive Director	3.1yrs	no data	0.010% ZAR 1.5m

3.3yrs

Average Tenure

47yo

Average Age

Experienced Management: LTE's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Justin Muller	CEO & Executive Director	5.5yrs	no data	0.16% ZAR 22.8m
Jacobus van Biljon	CFO & Executive Director	7.3yrs	no data	0.10% ZAR 14.2m
Edward McDonald	COO & Executive Director	3.1yrs	no data	0.010% ZAR 1.5m
Desmond de Beer	Non-Independent Non-Executive Director	4.5yrs	€28.71k	18.54% ZAR 2.6b
Stuart Bird	Independent Non-Executive Director	3yrs	€26.91k	no data
Nicolaas Hanekom	Alternate Director	1.5yrs	no data	0.47% ZAR 66.0m
Mark Olivier	Independent Non-Executive Chairman	8.4yrs	€44.50k	0.22% ZAR 31.1m
Karen Bodenstein	Independent Non-Executive Director	8.2yrs	€27.90k	no data
Stephen Paris	Independent Non-Executive Director	3.3yrs	€26.40k	no data
Anthony Doublet	Independent Non-Executive Director	3.3yrs	€22.30k	no data

3.9yrs

Average Tenure

56.5yo

Average Age

Experienced Board: LTE's board of directors are considered experienced (3.9 years average tenure).

Lighthouse Properties Management

Management criteria checks 2/4

Key information

Recent management updates

Non-Independent Non-Executive Director recently bought R296k worth of stock

Non-Independent Non-Executive Director recently bought R2.9m worth of stock

Non-Independent Non-Executive Director recently bought R7.7m worth of stock

Non-Independent Non-Executive Director recently bought R21m worth of stock

Lighthouse Properties p.l.c., Annual General Meeting, May 14, 2024

Non-Independent Non-Executive Director recently bought R206k worth of stock

Recent updates

Non-Independent Non-Executive Director recently bought R296k worth of stock

First half dividend of €0.012 announced

Lighthouse Properties p.l.c. Approves Interim Dividend for the Six Months Ended 30 June 2024, Payable on 12 September 2024

New major risk - Financial position

Non-Independent Non-Executive Director recently bought R2.9m worth of stock

Non-Independent Non-Executive Director recently bought R7.7m worth of stock

Non-Independent Non-Executive Director recently bought R21m worth of stock

Lighthouse Properties p.l.c., Annual General Meeting, May 14, 2024

Upcoming dividend of €0.013 per share

Why Lighthouse Properties' (JSE:LTE) Earnings Are Weaker Than They Seem

Final dividend of €0.013 announced

Full year 2023 earnings released: EPS: €0.23 (vs €0.015 in FY 2022)

New minor risk - Financial data availability

Non-Independent Non-Executive Director recently bought R206k worth of stock

What Lighthouse Properties plc's (JSE:LTE) 27% Share Price Gain Is Not Telling You

Non-Independent Non-Executive Director recently bought R87k worth of stock

Lighthouse Properties plc Declares Dividend for the Six Months Ended 30 June 2023

Non-Independent Non-Executive Director recently bought R2.0m worth of stock

Non-Independent Non-Executive Director recently bought R1.9m worth of stock

Lighthouse Properties plc Announces Cash Dividend for the Six Months Ended 30 June 2023

Upcoming dividend of €0.013 per share at 11% yield

First half 2023 earnings released: EPS: €0.012 (vs €0.007 in 1H 2022)

Non-Independent Non-Executive Director recently bought R969k worth of stock

New minor risk - Earnings quality

Now 21% undervalued after recent price drop

Non-Independent Non-Executive Director recently bought R13m worth of stock

LIGHTHOUSE PROPERTIES p.l.c Appoints Nicolaas Willem as Alternate Non-Independent Non-Executive Director

Upcoming dividend of R0.28 per share at 10.0% yield

Non-Independent Non-Executive Director recently bought R386k worth of stock

Full year 2022 earnings released: EPS: €0.015 (vs €0.031 loss in FY 2021)

Non-Independent Non-Executive Director recently bought R551k worth of stock

Non-Independent Non-Executive Director recently bought R2.3m worth of stock

Non-Independent Non-Executive Director recently bought R3.3m worth of stock

Price target decreased to R7.88

High number of new directors

Non-Independent Non-Executive Director recently bought R1.7m worth of stock

Non-Independent Non-Executive Director recently bought R5.5m worth of stock

Non-Independent Non-Executive Director recently bought R3.3m worth of stock

Non-Independent Non-Executive Director recently bought R1.7m worth of stock

Non-Independent Non-Executive Director recently bought R399k worth of stock

Upcoming dividend of €0.016 per share

Lighthouse Properties plc Approves Amendments to the Articles of Association

High number of new directors

Lighthouse Properties plc, Annual General Meeting, May 06, 2022

High number of new directors

Upcoming dividend of €0.014 per share

Lighthouse Capital Limited has completed a Follow-on Equity Offering in the amount of ZAR 2.6 billion.

Independent Non-Executive Director David Axten has left the company

Independent Non-Executive Director Paul Edwards has left the company

First quarter 2021 earnings released: EPS €0.005 (vs €0.11 loss in 1Q 2020)

Upcoming dividend of R0.25 per share

Lighthouse Capital Limited Announces Executive Changes

Lighthouse Capital Limited, Annual General Meeting, Apr 30, 2021

Lighthouse Capital Limited Approves Final Distribution in Respect of the Nine Months Ended 31 December 2020, Payable on 19 April 2021

New 90-day high: R7.13

Lighthouse Capital Limited Announces Executive Changes

Lighthouse Capital Limited to Report 15 Months Period Ending Dec 31, 2020 Results on Feb 25, 2021

Full year 2020 earnings released: €0.30 loss per share

Lighthouse Capital Limited to Report Fiscal Year 2020 Results on Nov 10, 2020

New 90-day low: R5.56

New 90-day low: R6.30

New 90-day low: R7.14

New 90-day low - R7.39

New 90-day low - R7.55

Third quarter earnings released

CEO

Tenure

Leadership Team

Average Tenure