Investor Relations

We invest in businesses that reshape financial services

Over 35 years experience and dedication to optimise, diversify and modernise some of South Africa most loved financial services businesses.

Financial Highlights
Financial Statements
Dividend Information
Share Price Information
Shareholder Calendar
B-BBEE
Announcements

Compound shareholders' return since listing in 2011 is 17.9% per annum.

VALUE CREATED FOR THE SIX MONTHS ENDED 31 DEC 2021

R1 922 million

NORMALISED EARNINGS

165.5 cents per share

DIVIDEND

How and where we invest

The portfolio is split across

54%

OUTsurance

33%

Discovery

10%

Momentum Metropolitan

3%

RMI IM and Alpha Code

Financial Statements

View our reports

2022

RMI Interim Results Call Presentation Recording

Dividend Information

RMI seeks to maintain a stable dividend policy taking into account its stage of investment

Dividend
Number
Declaration
Date
Record
Date
Payment
Date
Gross Dividend
Per Share (cents)
Net Dividend
Per Share (cents)
116 MAR 202222 APR 202225 APR 2022142.0113.60
216 MAR 202222 APR 202225 APR 202223.518.80
320 SEP 202122 OCT 202125 OCT 202122.518.00
417 MAR 202116 APR 202119 APR 202022.518.00
512 MAR 20203 APR 20206 APR 202045.036.00
610 SEP 20191 NOV 20194 NOV 201965.052.00
711 MAR 20195 APR 20198 APR 201945.036.00
811 SEP 201819 OCT 201822 OCT 201865.052.00
912 MAR 20186 APR 20189 APR 201839.031.20
1019 SEP 20176 OCT 20179 OCT 201765.052.00

Share Price Information

Rand Merchant Investment Holdings LTD

All JSE data delayed by 15 min

Historical Share Price

Shareholder Calendar
Reports

Interim Results for the 2022 Financial Year

Announcement for the six months ending 31 December 2021
16 MAR 2022

Financial Results for the 2022 Financial Year

Announcement for the year ending 30 June 2022
21 SEP 2022
Posting of financial results and AGM Notice
25 OCT 2022
Annual general meeting
22 NOV 2022

Broad-based Black Economic Empowerment

Rand Merchant Investment Holdings Limited (“RMI”) is a JSE Limited listed investment holding company with investments of 24.8% in Discovery Limited (“Discovery”), 26.8% in Momentum Metropolitan Holdings (“MMH”), 89.1% in OUTsurance Holdings Limited (“OUTsurance”), 100% in RMI Investment Managers Proprietary Limited and 100% in AlphaCode Proprietary Limited in South Africa and 30.0% in Hastings Group Consolidated in the UK.

RMI does not have operational involvement in its portfolio companies and the transformation and black economic empowerment strategies are the responsibility of the management and boards of these companies. As a major and value-adding shareholder, RMI encourages levels of transformation across its portfolio companies consistent with the spirit and principles of the Broad-based Black Economic Empowerment Act (B-BBEE Act) and the Financial Sector Charter (FSC).

RMI’s South African listed investee companies have all obtained individual verified empowerment rating reports in terms of section 13G (2) of the B-BBEE Act (B-BBEE Reports). These B-BBEE Reports are disclosed on the respective investee company websites, as required by section 16.20(g) of the JSE Limited Listings Requirements.

RMI is a Level 2 contributor to B-BBEE as at 30 June 2021, as verified by Empowerdex Economic Empowerment Rating Agency for reporting in terms of section 13G (2). The rating should be evaluated against the background of RMI’s income consisting mostly of dividend income from its underlying portfolio companies which is paid out to RMI’s shareholders after considering tax, funding and other holding company costs. RMI has limited operational capacity at the holding company and therefore a limited expense base.

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Announcements

2022

RMI Trading Statement