| |
 |
| |
SHAREHOLDERS' INFORMATION |
| |
|
| |
MARKET LISTINGS AND SHARE PRICES |
| |
Kumba Resources Limited |
| |
|
| |
The principal market for Kumba is the JSE Securities
Exchange South Africa (JSE). As a constituent of the All Share
Top 40
index (ALSI 40 index), Kumba shares trade through the STRATE system.STRATE
is the authorised Central Securities Depositary (CSD) for equities in South
Africa that incorporates an electronic settlement
system. STRATE achieves secure, electronic settlement of share transactions
on the JSE and for off-market trades. Shares in companies listed on the
JSE can no longer be bought or sold unless they have been dematerialised
onto the STRATE system. This process involves submitting paper share
certificates to a custodian bank or JSE member firm (‘broker’)
for conversion into an electronic record, an exercise referred to as ‘dematerialisation’. |
| |
| |
|
| |
The introduction of the JSE Equity Trading (JET)
system a few years ago highlighted the deficiencies in the JSE’s
paper-based settlement system. Shares were no longer traded on a trading
floor, and this contributed to a massive leap in the number of trades
each day. Back-office support services were incapable of handling this
increase in daily transactions efficiently in a paper-based environment.
The transition to an efficient settlement system has increased market
activity and will improve the international
perception of the South African market by reducing settlement and operational
risk in the market, increasing efficiency and ultimately reducing costs.
Accordingly, by heightening investor appeal, STRATE enables South Africa
to compete effectively with other international markets, and not just
those of emerging countries. For additional information please refer
to the STRATE website: www.strate.co.za |
| |
|
| |
Closing JSE share prices are published in most
national and regional South African newspapers and are available during
the day on the Kumba and other websites. Share prices are also available
on I-Net Bridge,
Reuters and Bloomberg. |
| |
|
| |
Kumba has an Over-the-Counter (OTC) American
Depositary Receipt (ADR) facility with The Bank of New York (BoNY) under
a deposit agreement. |
| |
|
| |
ADR holders |
| |
ADR holders may instruct BoNY as to how the shares
represented by their ADRs should be voted. Registered holders of ADRs
will have the annual and interim reports mailed to them at their record
address. Brokers or financial institutions, which hold ADRs for shareholder
clients, are responsible for forwarding shareholder information to their
clients and will be provided with copies of the annual and interim reports
for this purpose. |
| |
|
| |
DIVIDEND DETERMINATION |
| |
Dividends are determined in South African rand
(ZAR) and are then declared payable in the same currency by the group.
ADR shareholders are paid in US dollar by the group’s ADR BoNY.
BoNY effects the conversion of ZAR-determined dividend in US dollar on
behalf of its US ADR shareholders. Contact Computershare (ZAR dividend)
or BoNY (ADR dividend) for further details. |
| |
|
| |
SUPPLEMENTARY INFORMATION |
| |
General shareholder enquiries |
| |
Computershare (Pty) Limited (Computershare) are
the registrars for Kumba. All enquiries and correspondence concerning
shareholdings (other than shares held in ADR form) should be directed
to the registrar. Computershare’s contact details are listed in
Kumba administration on page 148.
Shareholders must notify Computershare
promptly in writing of any change of address. |
| |
|
| |
All enquiries concerning shares held in ADR form
should be directed to BoNY, whose contact details are also given in Kumba
administration on page 148 or alternatively
visit their website at: www.adrbny.com |
| |
|
| |
Shareholders can obtain details about their own
shareholding on the Internet. Full details, including how to gain secure
access to this personalised enquiry facility, are provided
for on the Computershare website: www.computershare.com |
| |
|
| |
Consolidation of share certificates |
| |
If your certificated shareholding in Kumba is
represented by several individual share certificates, you may wish to
have these replaced by one consolidated certificate; there is no charge
for this service. You should send your share certificates to Computershare
together with a letter of instruction. |
| |
|
| |
Publication of financial statements |
| |
Shareholders wishing to receive the annual report
and/or the interim announcement in electronic rather than paper form
should register their instruction on the Kumba website at: www.kumbaresources.com |
| |
|
| |
Major shareholders |
| |
As far as is known, Kumba was not directly or
indirectly controlled by another corporation or by any institution at
year-end. As at
30 June 2003, the two
entities known to Kumba as owning more than 10% of its shares were Anglo
American Plc (Anglo) and Industrial Development Corporation with 89
369 924 and 41 498 165 shares, representing 30,1% and 14,0% respectively.
As of 30 June 2003, the total amount of the voting securities owned by
the directors of Kumba was 192 220 ordinary shares representing about
0,06% of the number of shares in issue. |
| |
|
| |
SHARE PRICE ANALYSIS (SA CENTS PER SHARE) |
| |
| |
|
|
|
| Year ended 30 June |
High
|
Low
|
Median
|
| |
| 2003 |
4 905
|
2 413
|
3 379
|
| 2002 |
5 837
|
2 770
|
4 331
|
|
|
| 2003 |
|
|
|
| First quarter |
4 905
|
3 341
|
4 007
|
| Second quarter |
3 913
|
2 983
|
3 498
|
| Third quarter |
3 466
|
2 508
|
3 098
|
| Fourth quarter |
3 399
|
2 413
|
2 875
|
|
|
| 2002 |
|
|
|
| First quarter |
na
|
na
|
na
|
| Second quarter |
3 535
|
2 770
|
3 110
|
| Third quarter |
5 837
|
3 183
|
4 292
|
| Fourth quarter |
5 587
|
3 974
|
4 822
|
|
| |
|
| |
|