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07-Sep-2017
(C)
Net income for the interim period lowered to R47.3 billion (R49.8 billion) whilst net operating result decreased to R6.5 billion (R6.2 billion). Profit for the period took a dip to R4.9 billion (R5.5 billion). In addition, headline earnings per share fell to 227.7cps (280.0cps)



Dividend

The Group only declares an annual dividend due to the costs involved in distributing an interim dividend to our large shareholder base.



Company outlook

Growth prospects outside of South Africa remain more positive with the improvement in economic conditions likely to persist in the medium term across most regions where we operate. Sanlam Emerging Markets is well placed to extract growth from this environment. In the short-term, though, growth in Rand terms in all key performance indicators will be inhibited by the stronger average Rand exchange rate. The disposal of the Group's stakes in the Enterprise Group in Ghana will also impact on full-year growth for 2017 and 2018, in particular for the Rest of Africa region. Ghana's contribution to the Group's new business volumes, net VNB and net result from financial services in the first half of 2017 were R130 million, R34 million and R28 million respectively.



In contrast, prospects for South Africa will remain muted for the remainder of 2017 and 2018. Political and economic policy uncertainty is not likely to dissipate before the African National Congress' National Elective Conference in December. Until policy certainty returns, low business and investor confidence will prevail. We commensurately do not expect an improvement in the performance of the South African businesses for the remainder of the year. The risk of further downgrades to South Africa's sovereign credit ratings must be recognised, which will likely result in equity market, interest rate and currency volatility.



Shareholders need to be aware of the impact that the level of interest rates and financial market returns and volatility have on the Group's earnings and Group Equity Value. Relative movements in these elements may have a major impact on the growth in normalised headline earnings, VNB and GEV to be reported for the 2017 financial year.



We will continue to diligently execute on the strategic priorities identified in the Group's 2016 Integrated Report.
01-Sep-2017
(Official Notice)
Shareholders are referred to the announcement released by Sanlam on the Stock Exchange News Service of the JSE on 25 January 2017, regarding the acquisition of a 53% interest in BrightRock via a combination of an acquisition and subscription of shares by Sanlam Life Insurance Ltd., a wholly-owned subsidiary of Sanlam (?the Transaction?). The board of directors of Sanlam wish to advise shareholders that all of the conditions precedent relating to the Transaction have now been fulfilled and the closing process completed. The effective date of the Transaction is 1 September 2017.
23-Jun-2017
(Official Notice)
The board of directors of Sanlam hereby announces that Sanlam Emerging Markets (Pty) Ltd. (?SEM?), a wholly-owned subsidiary within the Sanlam Group, has entered into agreements on 22 June 2017 with Black Star Holdings Ltd., a separate managed account held by LeapFrog Strategic African Investments and Prudential Insurance of America, for the disposal of its stakes in Enterprise Life Assurance Company Ltd., Enterprise Trustees Ltd. and Enterprise Insurance Company Ltd. for a cash consideration of USD130 million (?the Disposal?). With SEM as a strategic partner in both the Enterprise Group and Saham Finances, it would have been difficult to meet the regional expansion aspirations of the Enterprise Group. The parties therefore agreed for SEM to exit from the Enterprise Group, but with Sanlam able to continue participating in Ghana. Ghana remains a strategically important geography for the Sanlam Group and options to re-establish a meaningful presence in the country are under consideration.



The Enterprise Group contributed R105 million to Sanlam?s net result from financial services, R281 million to new business volumes and R53 million to net Value of New Business in the 2016 financial year. At current exchange rates, Sanlam Emerging Markets is expected to realise a profit compared to the 31 December 2016 Group Equity Value of the business. The transaction remains subject to conditions precedent, including regulatory approvals and notifications.



The conclusion of the Disposal will increase the Group?s available discretionary capital, after allowance for payment of the BrightRock and PineBridge transactions, to some R2 billion, which is sufficient for the Group?s immediate needs. Raising debt to fund a portion of the additional 16.6% stake acquired in Saham Finances, as referred to in the Operational Update released on the Stock Exchange News Services of the JSE Ltd. on 7 June 2017, is commensurately not subject to further consideration.



The consideration in respect of the Disposal is below the categorisation threshold of the JSE Ltd. Listings Requirements.

08-Jun-2017
(Official Notice)
Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders dated March 2017, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the nineteenth annual general meeting held on Wednesday, 7 June 2017 at 14:00 (?Annual General Meeting?).
07-Jun-2017
(Official Notice)
11-May-2017
(Official Notice)
Shareholders are referred to the joint announcement released by Sanlam and Santam on the Stock Exchange News Service of the JSE on 14 December 2016, regarding the acquisition of a further 16.6% interest in SAHAM Finances via a subscription for new shares by Sanlam Emerging Markets Ireland Ltd., the wholly- owned subsidiary of SAN JV (RF) (Pty) Ltd., a special purpose vehicle held jointly by Sanlam?s wholly-owned subsidiary, Sanlam Emerging Markets (Pty) Ltd., and Santam (?the Transaction?).



The boards of directors of Sanlam and Santam advised shareholders that all of the conditions precedent relating to the Transaction have now been fulfilled and the closing process completed. The effective date of the Transaction is 10 May 2017.
12-Apr-2017
(Official Notice)
04-Apr-2017
(Official Notice)
Shareholders are referred to the summarised annual financial statements of the Sanlam Group for the year ended 31 December 2016, which were distributed to shareholders on Friday, 31 March 2017. A notice of the 19th Annual General Meeting (?Notice of AGM?) of shareholders of Sanlam together with a form of proxy formed part of this distribution.



The Notice of AGM incorrectly reflects the date of the last day to trade in the Company?s shares on the JSE Ltd. (?JSE?) as Friday, 19 May 2017. The correct date of the last day to trade in order to participate in, attend and vote at the AGM is Tuesday, 23 May 2017.



The rest of the salient dates of the AGM stated in the Notice of AGM are correct, as were the salient dates of the AGM which appeared in the announcement titled ?Distribution of Summarised Annual Financial Statements and Notice of Annual General Meeting? published on the Stock Exchange News Service of the JSE on Friday, 31 March 2017.
03-Apr-2017
(Official Notice)
Mr Paul Hanratty has been appointed as an independent non-executive director to the Board of Directors of Sanlam Ltd. and Sanlam Life Insurance Ltd. as well as to the Audit and Risk Committee. Mr Hanratty?s appointment is effective from 03 April 2017.
31-Mar-2017
(Official Notice)
The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2016, which includes a notice of the 19th Annual General Meeting (?AGM?) of shareholders of Sanlam together with a form of proxy, has been distributed to Sanlam shareholders on Friday, 31 March 2017.



Notice is hereby given to shareholders recorded in the Company?s securities register on Friday, 17 March 2017, that the 19th AGM of shareholders of Sanlam will be held on Wednesday, 7 June 2017 at 14:00 in the CR Louw Auditorium, Sanlam Head Office, 2 Strand Road, Bellville, Cape Town to (i) deal with such business as may lawfully be dealt with at the meeting and (ii) consider and, if deemed fit, pass, with or without modification, the ordinary and special resolutions set out in the notice of AGM. The record date for shareholders of Sanlam to participate in, attend and vote at the AGM was set as at the close of business on Friday, 26 May 2017 (?voting record date?). Therefore, the last day to trade in the Company?s shares on the JSE in order to be recorded in the share register on the voting record date is Tuesday, 23 May 2017.



The Sanlam Annual Reporting Suite 2016, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2016, is available on the Sanlam website (http://www.sanlam.co.za). The audited annual financial statements of the Sanlam Group for the year ended 31 December 2016, on which Ernst - Young Inc. expressed an unmodified opinion, does not contain any changes to the audited financial results of the Sanlam Group for the year ended 31 December 2016 published on the Stock Exchange News Service of the JSE Limited (?JSE?) on Thursday, 9 March 2017.
28-Mar-2017
(Official Notice)
Shareholders are advised of the following changes within Sanlam?s (?Sanlam?) Executive Management.

* The Chief Executive Officer (?CEO?) of Sanlam Personal Finance (?SPF?), Mr Hubert Brody, will step down on 31 May 2017 to attend more closely to his other interests.

* Mr Jurie Strydom, currently the joint Deputy CEO of SPF, has been appointed the CEO of SPF and will take over on 01 June 2017.

* With effect from 01 April 2017, Mr Temba Mvusi, the Chief Executive (?CE?) of Group Market Development, has been appointed as acting CEO of the Sanlam Corporate cluster which was established at the beginning of 2016.
23-Mar-2017
(Media Comment)
According to Business Report, Sanlam has reached an agreement with PineBridge Investments to acquire a majority stake in PineBridge East Africa Ltd. (PIEAL) in Kenya through Sanlam Emerging Markets. Following the acquisition, which is subject to regulatory approval (PIEAL) will be rebranded to Sanlam Investments East Africa Ltd.. The transaction will increase Sanlam's asset management prominence in the East Africa region.

09-Mar-2017
(Official Notice)
Mr Clement Burns Booth has resigned as a non-executive director from the boards of Sanlam Ltd. and Sanlam Life Insurance Ltd .with effect from 08 March 2017.

09-Mar-2017
(Official Notice)
Sanlam shareholders are advised that the Sanlam Annual Report 2016, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2016, is available on the Sanlam website (www.sanlam.com).



The audited annual financial statements of the Sanlam Group contained in the Sanlam Annual Report 2016 contain no modifications to the audited financial results of the Sanlam Group for the year ended 31 December 2016 released on the Stock Exchange News Service of the JSE Ltd. on Thursday, 09 March 2017.



The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2016, which include a notice of the Company?s 19th Annual General Meeting together with a form of proxy, will be distributed to Sanlam shareholders by no later than Friday, 31 March 2017.
09-Mar-2017
(C)
Net income for the year increased to R86.695 billion (2015: R85.293 billion), net operating result came in at R11.969 billion (2015: R14.039 billion), profit for the year was R10.578 billion (2015: R10.910 billion), while normalised headline earnings per share lowered by 6% to 408.5 cents per share (2015: 432.5 cents per share).



Dividend

The Group only declares an annual dividend due to the costs involved in distributing an interim dividend to our large shareholder base. Sustainable growth in dividend payments is an important consideration for the Board in determining the dividend for the year. The Board uses cash operating earnings as a guideline in setting the level of the normal dividend, subject to the Group's liquidity and solvency requirements. Dividend cover of cash operating earnings is managed broadly within a 1 to 1,1 times range to target consistent real growth in the Group's normal dividend payment. The operational performance of the Group in the 2016 financial year enabled the Board to increase the normal dividend per share by 9,4% to 268 cents. This will maintain a cash operating earnings cover of approximately 1,1 times. The South African dividend withholding tax regime applies in respect of this dividend. The dividend will in full be subject to the 20% withholding tax, where applicable, which will result in a net final dividend, to those shareholders who are not exempt from paying dividend tax, of 214,4 cents per ordinary share. The number of ordinary shares in issue in the company's share capital at the date of the declaration is 2 010 119 548 (excluding treasury shares of 156 352 258). The company's tax reference number is 9536/346/84/5.



Shareholders are advised that the final cash dividend of 268 cents for the year ended 31 December 2016 was declared.
25-Jan-2017
(Official Notice)
The board of directors of Sanlam announced the conclusion of agreements whereby Sanlam Life Insurance Ltd., the largest operating subsidiary of Sanlam, will acquire a 53% stake in life insurance provider, BrightRock, through a combination of a share subscription and purchase from various management shareholders and Correlation Investments Ltd. (the ?Transaction?).



The total consideration is dependent on the effective date of the Transaction and is expected to be a maximum of R707 million should the effective date occur in the first half of 2017. Sanlam will fund the acquisition from available discretionary capital.



The BrightRock group offers individualised, needs-matched life insurance cover that is built around a client?s needs and is designed to change as a client?s needs evolve. BrightRock was launched in the intermediated, individual risk market in 2012 and has since grown rapidly, establishing a strong market presence.



The Transaction is in line with Sanlam?s strategy to seek profitable and sustainable growth opportunities and is testimony to Sanlam?s commitment to invest in South Africa. In terms of the Transaction agreement, Sanlam and BrightRock will retain their own brands, life insurance licences and management teams. BrightRock products are currently sold solely through independent brokers but the product range will in future also be available through Sanlam Financial Advisers. Sanlam believes that this places it in a strong position to further grow its market share, while BrightRock gains a growth partner that is supportive of its aspirations to grow into a highly differentiated financial services business of scale.



The implementation of the Transaction remains subject to the fulfilment of a number of suspensive conditions, including, inter alia, the receipt of all necessary regulatory approvals. The effective date of the Transaction will therefore be dependent on the fulfilment of the suspensive conditions.



The Transaction is categorised below the Category 2 threshold for Sanlam for purposes of the JSE Ltd. Listings Requirements and this announcement is made on a voluntary basis.
13-Jan-2017
(Official Notice)
Sanlam announced the passing of Mr Paul Bradshaw (66), Independent Non- Executive Director on the Board of Directors of Sanlam who died on Thursday, 12 January 2017. Mr Bradshaw has been a key member of the Sanlam organisation, having been involved with the business both here and in the UK for over two decades. He was a hugely supportive and passionate member of the Board and made a significant contribution to Sanlam, as a friend, as a professional and as a greatly admired colleague.
19-Dec-2016
(Official Notice)
Sanlam advised that the following replaces the announcement titled ?Sanlam names Chairman- elect to take over from the retiring Board Chairman in June 2017? released on the Stock Exchange News Service of the JSE Ltd. on Thursday, 15 December 2016. The full amended text appears below.



Sanlam has announced the following appointments and changes to its Board of Directors (?Board?):

- Mr Desmond Smith who has served as Chairman since 2010 will retire after the Annual General Meeting in June 2017;

- The Sanlam Ltd. Board of Directors unanimously nominated Mr Patrice Motsepe to be the new Chairman when Desmond Smith retires. However, Mr Patrice Motsepe proposed that the Sanlam Board should consider appointing Dr Johan van Zyl as the new Chairman;

- Dr Van Zyl was thereafter appointed Chairman-elect and will take over from Mr Smith in June 2017 in the capacity of non-independent non-executive Chairman;

- Mr Motsepe will retain his position as the Deputy Chairman; and

- Mr Sipho Nkosi, who has served as an independent non-executive director on the Board since 2006, has been appointed as the lead independent non-executive director.



Mr Smith joined the Sanlam Board in June 2009 and was appointed as Chairman in June 2010. He had been Sanlam?s Managing Director from 1993, having joined the Company in 1968. He retired from his executive position at Sanlam at the end of 1997. He is also the Chairman of Reinsurance Group of America and holds several other company directorships.



Dr Van Zyl, who is currently the Chief Executive Officer (?CEO?) of Ubuntu-Botho (?UB?) as well as the joint CEO of African Rainbow Capital and is a former CEO of Sanlam, was appointed to the Board as a non-executive director on 18 January 2016 as one of three UB nominated representatives to the Board. He is credited for transforming Sanlam from a primarily South African life insurer to a multinational diversified financial services group during his tenure as CEO. He currently sits on the Supervisory Board of Steinhoff International Holdings and is a Director on several other boards.



Further, Mr Smith anticipated a smooth handover from himself to the Chairman-elect as well as a continued good working relationship between the Chairman-elect, the Board and the Sanlam Group CEO, Mr Ian Kirk.
15-Dec-2016
(Official Notice)
Sanlam has today announced the following appointments and changes to its board of directors (?Board?):

*Mr Desmond Smith who has served as chairman since 2010 will retire after the annual general meeting in June 2017;

*Dr Van Zyl was thereafter appointed chairman-elect and will take over from Mr Smith in June 2017 in the capacity of non-independent non-executive chairman;

*Mr Motsepe will retain his position as the deputy chairman; and

*Mr Sipho Nkosi, who has served as an independent non-executive director on the board since 2006, has been appointed as the lead independent non-executive director.













07-Dec-2016
(Official Notice)
08-Sep-2016
(C)
Net income for the interim period increased to R49.8 billion (2015: R46.4 billion). Net operating result lowered to R6.2 billion (2015: R7.1 billion). Profit for the period attributable to shareholder's fund decreased to R4.2 billion (2015: R4.7 billion). Furthermore, headline earnings per share were recorded at 216.2 cents per share (2015: 235.7 cents per share).



Dividend

The group only declares an annual dividend due to the costs involved in distributing an interim dividend to our large shareholder base.



Outlook

Sanlam expects that the economic and operating environment will remain challenging for the remainder of 2016, apart from India where robust economic growth is expected. Global economic growth prospects for the second half of the year is weighed to the downside as markets absorb the consequences of the UK exiting the European Union. Business and investor confidence is unlikely to improve under these conditions, while investment market and currency volatility are expected to persist. Sanlam remains confident in the group?s ability to grow operational earnings and new business volumes despite the challenging environment, but shareholders need to be aware of the impact that the level of interest rates, currency exchange rates and financial market returns and volatility have on the group?s earnings and Group Equity Value. Relative movements in these elements may have a major impact on the growth in normalised headline earnings, VNB and GEV to be reported for the 2016 financial year.



Sanlam will continue to diligently execute on the strategic priorities identified in the group?s 2015 Annual Report in the second half of the 2016 financial year.

18-Aug-2016
(Media Comment)
According to Business Report, Sanlam aims to double its market share of Kenya's life insurance market over the next five years. This will be achieved by focusing on wealthy individuals and other corporate clients. Sanlam intends to offer consistent policies across its different operations to attract more corporate clients. The group which has an 8% market share in Kenya is in talks with its banking and telecoms partners as it would also target low income clients using cell phone technology.
20-Jun-2016
(Official Notice)
Shareholders are advised of the following changes within Sanlam Group?s Executive Management.

* Financial Director, Mr Kobus M?ller (57), will retire from the executive and board with effect from 30 September 2016. Mr M?ller will remain employed by Sanlam until 31 December 2016. He will continue to serve within the Group in a non- executive capacity on subsidiary boards and sub-committees. Mr M?ller joined Sanlam in 1998 and was appointed as the Group?s Financial Director in 2006.



With effect from 01 October 2016:

* Mr Heinie Werth (53), the Chief Executive Officer of Sanlam Emerging Markets (SEM) will succeed Mr M?ller as the Group?s Financial Director and Executive Director of the Sanlam board. A Chartered Accountant, Mr Werth also holds an MBA cum laude from the University of Stellenbosch among other qualifications. He joined Sanlam in 1998 and has held various executive positions including, among others, Financial Director: Sanlam Employee Benefits; and Financial Director: Sanlam Life Insurance Limited.

* Mr Junior John Ngulube (58) will be appointed to the position of CEO: SEM, taking over from Mr Werth. Mr Ngulube joined Sanlam in February 2016 as CEO: Sanlam Corporate. He holds a Master of Science in Agriculture from the Pennsylvania State University (U.S.A.) and various industry qualifications achieved from business schools in South Africa, the United States, Singapore and France. Prior to joining Sanlam, Mr Ngulube was the CEO of Munich Reinsurance Company of Africa (MRoA). Under his leadership, the MRoA Group, which writes both life and non-life business in 45 countries across Africa, grew profitably, more than doubling its gross written premium income, to just over R6 billion in 2015.
09-Jun-2016
(Official Notice)
Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders dated March 2016, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the eighteenth annual general meeting held on Wednesday, 8 June 2016 at 14:00 (?Annual General Meeting?).



The total number of shares present/represented, including proxies, at the Annual General Meeting was 1 528 627 903 representing 70.56% of Sanlam?s issued share capital of 2 166 471 806 shares as at Friday, 27 May 2016, being the Voting Record Date.



08-Jun-2016
(Official Notice)
31-Mar-2016
(Official Notice)
Sanlam shareholders are advised that the audited annual financial statements of the Sanlam Group contained in the Sanlam Annual Report 2015 contain no material changes to the audited financial results of the Sanlam Group for the year ended 31 December 2015 which was released on the Stock Exchange News Service of the JSE Ltd. (?JSE?) on Thursday, 10 March 2016. The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2015, which includes a notice of the Company?s 18th Annual General Meeting (?AGM?) together with a form of proxy, has been distributed to Sanlam shareholders on Thursday, 31 March 2016.



Notice is hereby given to shareholders recorded in the Company?s securities register on Friday, 18 March 2016, that the 18th AGM of Sanlam shareholders will be held on Wednesday, 8 June 2016 at 14:00 in the CR Louw Auditorium, Sanlam Head Office, 2 Strand Road, Bellville, Cape Town to (i) deal with such business as may lawfully be dealt with at the meeting and (ii) consider and, if deemed fit, pass, with or without modification, the ordinary and special resolutions set out in the notice of AGM. The record date to participate in, attend and vote at the AGM was set as at the close of business on Friday, 27 May 2016 (?voting record date?). Therefore, the last day to trade in the Company?s shares on the JSE in order to be recorded in the share register on the voting record date is Friday, 20 May 2016.



The Sanlam Annual Report 2015, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2015, is available on the Sanlam website (http://www.sanlam.co.za).
16-Mar-2016
(Official Notice)
Shareholders are referred to the SENS announcement released on 24 November 2015, regarding the joint acquisition by Sanlam?s wholly owned subsidiary, Sanlam Emerging Markets (Pty) Ltd., and Santam of an effective 30% interest in Saham Finances, and are advised that all of the conditions precedent have now been fulfilled and the closing process completed, with a formal transaction effective date of 29 February 2016.
11-Mar-2016
(Official Notice)
Sanlam shareholders are advised that the Sanlam Annual Report 2015, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2015, is available on the Sanlam website (http://www.sanlam.com).



The audited annual financial statements of the Sanlam Group contained in the Sanlam Annual Report 2015 contain no modifications to the audited financial results of the Sanlam Group for the year ended 31 December 2015 released on the Stock Exchange News Service of the JSE Ltd. on Thursday, 10 March 2016.



The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2015, which include a notice of the Company?s 18th Annual General Meeting together with a form of proxy, will be distributed to Sanlam shareholders by no later than Thursday, 31 March 2016.
10-Mar-2016
(C)
Net income for the year decreased to R85.293 billion (2014: R92.060 billion). Net operating result increased to R14.039 billion (2014: R12.243 billion), profit for the year attributable to shareholders? fund was higher at R9.391 billion (2014: R8.729 billion), while headline earnings per share grew to 464.4 cents per share (2014: 416.5 cents per share).



Dividend

The operational performance of the Group in the 2015 financial year enabled the Board to increase the normal dividend per share by 9% to 245 cents. This will maintain a cash operating earnings cover of approximately 1.1 times.
18-Jan-2016
(Official Notice)
Shareholders are advised of the following appointments to the Boards of Directors of Sanlam and Sanlam Life Insurance Ltd. (?Board?) and to the Sanlam Executive Management.

*Dr Johan van Zyl has been appointed to the board as a non-executive director. Dr Van Zyl, the previous Sanlam Group Chief Executive Officer, joins the board as an Ubuntu-Botho Investment Holdings (UB) nominated representative on the board. His appointment is effective from 18 January 2016. In terms of the strategic agreement concluded between UB and Sanlam in 2014, UB is entitled to nominate three members to the Board.



*Mr Junior John Ngulube has been appointed to the position of Chief Executive Officer of the newly established Sanlam Corporate business cluster. Mr Ngulube?s appointment is effective from 01 February 2016 and he will be a member of the Sanlam Executive Committee.



07-Jan-2016
(Media Comment)
According to Business Day, the Competition Tribunal has approved a joint investment by African Rainbow and Sanlam to purchase Indwe Broker Holdings. Indwe is a short-term insurance broker. The acquisition cost more than R200 million. The transaction was approved with no conditions attached.
15-Dec-2015
(Official Notice)
The respective boards of ACT and Sanlam are confirmed that all the suspensive conditions relating to the Sanlam subscription, for the sum of R703 million, for a 28.7% interest in Afrocentric Healthcare Assets (Pty) Ltd. (?AHA?) a wholly owned subsidiary of Afrocentric (?the Transaction?), have been fulfilled or waived and the Transaction is now unconditional.



The effective date of the Transaction is today, 15 December 2015.



For ease of reference shareholders are referred to the detailed joint announcement published on the Stock Exchange News Service (?SENS?) on 30 September 2014 wherein they were advised of the full terms of the Transaction, and the subsequent announcements relating thereto.
04-Dec-2015
(Official Notice)
Shareholders are advised of the following announcements regarding members of the Boards of Directors.

* Ms Karabo Tshailane Nondumo has been appointed as an independent non- executive director to the Boards of Directors of Sanlam Ltd. and Sanlam Life Insurance Ltd. (?Board?). Ms Nondumo?s appointment is effective from 3 December 2015.

* Mr Bernard Swanepoel has resigned from the Sanlam Ltd. and Sanlam Life Insurance Ltd. Boards with effect from 04 December 2015. He was appointed to the Sanlam Ltd. and the Sanlam Life Insurance Ltd. Boards on 01 April 2004 and 29 June 2006 respectively.
02-Dec-2015
(Official Notice)
24-Nov-2015
(Official Notice)
16-Oct-2015
(Official Notice)
Sanlam announced that Mr Johan van der Merwe will step down as Chief Executive Officer of Sanlam Investments and be succeeded by Mr Robert Roux, currently Chief Operating Officer of Sanlam Investments, with effect from 1 November 2015. Mr Van der Merwe, CA (SA), is credited with having achieved sustained success over his tenure of close to 14 years and for the substantial value he has contributed to the Sanlam Group. As part of the business succession and continuity planning, Mr Van der Merwe will continue to serve as a non-executive director on the Sanlam Investments board of directors as well as a number of other subsidiary boards on which he currently serves as non- executive director. He will therefore remain closely associated with the Sanlam Group.



Mr Roux, CA (SA), was appointed in his role as Chief Operating Officer in 2005 and has worked alongside Mr Van der Merwe on key strategic matters. Mr Roux will form part of the Sanlam Group Executive Committee and will report to the Sanlam Group Chief Executive Officer, Mr Ian Kirk.
03-Sep-2015
(C)
Net income for the interim period lowered to R46.4 billion (2014: R50.2 billion). Net operating result was higher at R7.1 billion (2014: R6.9 billion), profit for the period attributable to shareholders? fund increased to R4.7 billion (2014: R4.5 billion), while headline earnings per share grew to 235.7cps (2014: 223cps).



Dividend

The Group only declares an annual dividend due to the costs involved in distributing an interim dividend to their large shareholder base.



Outlook

Sanlam expect that the economic and operating environment will remain challenging for the remainder of 2015 with a resulting impact on the Group?s key operational performance indicators. Shareholders also need to be aware of the impact of the level of interest rates and financial market returns and volatility on the Group?s earnings and Group Equity Value. Relative movements in these elements may have a major impact on the growth in normalised headline earnings and Group Equity Value to be reported for the 2015 financial year. Relatively strong operating earnings growth experienced in the second half of 2014 also causes an increase in the comparable base. Despite the short-term pressure on operating earnings growth, Sanlam remain confident that they will deliver on their longer-term growth targets.
04-Jun-2015
(Official Notice)
04-Jun-2015
(Official Notice)
In terms of paragraph 3.59 of the Listings Requirements of the JSE Ltd., shareholders are advised of the following important changes to the Board of Directors of Sanlam (?Board?) as well as the Sanlam Executive Management.



Mr Arun Duggal has retired from the Boards of Directors of Sanlam and Sanlam Life Insurance Ltd. with effect from 03 June 2015.



Following an earlier SENS announcement by the Board on 09 September 2014, which recorded that Dr Johan van Zyl, Sanlam Group Chief Executive would retire in 2015, it has now been agreed that Dr Van Zyl would step down as Group Chief Executive and also retire from the boards of Sanlam and Sanlam Life Insurance Ltd. with effect from 30 June 2015. Dr van Zyl will remain employed by Sanlam until 31 December 2015, focussing on specific projects. As a result, the Board agreed to bring forward the final measurement of his remuneration arrangements to coincide with the end of his tenure as Group Chief Executive Officer. The vesting of the applicable restricted shares will therefore be determined after the finalisation of the Group?s 2015 interim results.



Mr Ian Kirk, the current Deputy Group Chief Executive, has been appointed as Group Chief Executive and Executive Director of Sanlam and Sanlam Life Insurance Ltd. with effect from 01 July 2015.



Mr Hubert Brody, the current Chief Executive for Group Strategy and Projects, has been appointed as Chief Executive: Sanlam Personal Finance with effect from 01 July 2015. Mr Brody joined the Group on 01 January 2015.



Mr Andr? Zeeman, the current Chief Actuary and Group Risk Officer, has opted for early retirement with effect from 30 June 2015. While Mr Zeeman will step down, he will remain employed until 31 December 2015, working on special regulatory projects.



Mr Anton Gildenhuys, the current Chief Executive: Sanlam Personal Finance Actuarial, has been appointed to the Group Executive Committee as Chief Actuary with effect from 01 July 2015, reporting to the Group Chief Executive.
03-Jun-2015
(Official Notice)
Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders dated March 2015, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the seventeenth annual general meeting held on Wednesday, 3 June 2015 at 14:00.
03-Jun-2015
(Official Notice)
30-Mar-2015
(Official Notice)
Sanlam shareholders are advised that the audited annual financial statements of the Sanlam Group contained in the Sanlam Annual Report 2014 contain no modifications to the audited financial results of the Sanlam Group for the year ended 31 December 2014 which was released on the Stock Exchange News Service of the JSE on Thursday, 5 March 2015.



The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2014, which includes a notice of the Company?s 17th Annual General Meeting together with a form of proxy, has been distributed to Sanlam shareholders on Friday, 27 March 2015.



Notice is hereby given to shareholders recorded in the Company?s securities register on Friday, 13 March 2015, that the 17th Annual General Meeting of Sanlam shareholders will be held on Wednesday, 3 June 2015 at 14:00 in the CR Louw Auditorium, Sanlam Head Office, 2 Strand Road, Bellville, Cape Town to (i) deal with such business as may lawfully be dealt with at the meeting and (ii) consider and, if deemed fit, pass, with or without modification, the ordinary and special resolutions set out in the notice of Annual General Meeting, which meeting is to be participated in and voted at by Sanlam shareholders recorded in the Company?s securities register as at the voting record date of Friday, 22 May 2015. Therefore, the last day to trade in the Company?s shares in order to be recorded in the share register on the record date is Friday, 15 May 2015.



The Sanlam Annual Report 2014, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2014, is available on the Sanlam website (http://www.sanlam.co.za).
20-Mar-2015
(Media Comment)
Business Day reported that Sanlam Emerging Markets is looking to expand into Zimbabwe in the next year or two after its Kenyan subsidiary made an acquisition in a short-term insurance business in the east African country. Sanlam Emerging Markets commented that Kenyan subsidiary Pan African Insurance Holdings had bought a 56% stake in Gateway Insurance Company for about USD8 million. This will enable Sanlam to sell the full gamut of nonbanking financial services in Kenya. "I think the obvious gaps for us, we still need to do Zimbabwe. Zimbabwe is a key market for us and Angola is another market that we need to look at." commented Mr Thabied Majal, Sanlam Emerging Markets corporate development executive.
05-Mar-2015
(Official Notice)
Sanlam shareholders are advised that the Sanlam Annual Report 2014, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2014, is available on the Sanlam website (http://www.sanlam.com).



The audited annual financial statements of the Sanlam Group contained in the Sanlam Annual Report 2014 contain no modifications to the audited financial results of the Sanlam Group for the year ended 31 December 2014 released on the Stock Exchange News Service of the JSE Ltd. on Thursday, 5 March 2015.



The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2014, which include a notice of the Company?s 17th Annual General Meeting together with a form of proxy, will be distributed to Sanlam shareholders by no later than Tuesday, 31 March 2015.
05-Mar-2015
(C)
Net income decreased to R92.1 billion (R102 billion). Net operating result rose to R12.2 billion (R11.9 billion). Shareholders' fund also increased to 8.7 billion (R8.1 billion). Furthermore, headline earnings per share grew marginally to 416.5cps (416.2cps).



Dividend

Shareholders are advised that the final cash dividend of 225 cents for the year ended 31 December 2014 is payable on Monday, 20 April 2015 by way of electronic bank transfers to ordinary shareholders recorded in the register of Sanlam at close of business on Friday, 17 April 2015.



19-Feb-2015
(Media Comment)
Business Report announced that Sanlam acquired a 51% stake in Nico Vida, a life insurance business in Mozambique, owned by Malawian Nico Holdings Group. In 2014 Sanlam Emerging Markets announced that they will target Mozambique, Angola and Zimbabwe for acquisitions after announcing the 40% stake bought in insurance business Enterprise Insurance in Ghana.
16-Feb-2015
(Official Notice)
Ms Philisiwe Mthethwa has resigned as an independent non-executive director from the Boards of Sanlam - Sanlam Life Insurance Ltd. with effect from 13 February 2015.
03-Dec-2014
(Official Notice)
27-Nov-2014
(Official Notice)
The Sanlam Group has announced that Sanlam Personal Finance ("SPF") Chief Executive, Mrs Liz? Lambrechts, will leave Sanlam at the end of December 2014 to take over as the Chief Executive of Santam with effect from 1 January 2015. Lambrechts will succeed Mr Ian Kirk, who has been appointed as Sanlam's Deputy Group Chief Executive. Sanlam will announce the appointment of the new SPF Chief Executive in due course.
12-Nov-2014
(Official Notice)
Sanlam is pleased to announce the appointment of Mr Clement Burns Booth as independent non-executive director to the Sanlam Board of Directors with effect from 1 January 2015.
30-Sep-2014
(Official Notice)
09-Sep-2014
(Official Notice)
Sanlam announced that the Group has appointed Mr Ian Kirk as its Deputy Group Chief Executive (CE) with effect from 1 January 2015.



Kirk is currently the CE of Santam Ltd. ("Santam") and hence forms part of the Group Executive Committee of Sanlam. The process to appoint a new CE for Santam will commence shortly.



As the Deputy Group CE of Sanlam, Kirk will be responsible for the operational business entities and will report to the Sanlam Group CE, Dr Johan van Zyl.



The position of Deputy Group CE is part of Sanlam's succession planning strategy and implementation of a smooth leadership transition. The board of directors of Sanlam intends to appoint Kirk as the Group CE when Dr Van Zyl retires at the end of 2015.
04-Sep-2014
(C)
Net income rose to R50.2 billion (R40.4 billion) and net operating profit grew to R6.9 billion (R5.1 billion). Profit attributable to shareholder fund jumped to R4.5 billion (R3.5 billion). In addition, headline earnings per share increased to 223cps (179.4cps).



Dividend

The Group only declares an annual dividend due to the costs involved in distributing an interim dividend to our large shareholder base.



Outlook

2014 strategic initiatives

The Group?s strategic positioning remains focused on five pillars:

*Improving performance through top-line growth;

*Increasing market share in key segments;

*Diversifying the base (including geographical presence, products, market segments and distribution platforms);

*Improved operating and cost efficiencies, including quality;

*Prioritising Sanlam?s international positioning through diversification;

*Improving capital efficiency on an ongoing basis; and

*Embracing and accelerating transformation of the Group.



In executing on the strategy since 2003, changes in the Group, our client base, other stakeholders and the operating environment required ongoing focus on each of the different pillars. Below is a brief overview of our progress on the specific priorities identified for 2014.

15-Aug-2014
(Official Notice)
Shareholders are advised that the Group's diluted headline earnings per share and diluted earnings per share attributable to shareholders for the six months ended 30 June 2014 are expected to exceed that reported in respect of the corresponding period in 2013 by between 25% and 30%. Normalised headline earnings per share, which exclude the International Financial Reporting Standards transfers between the shareholders' and policyholders' funds relating to Sanlam shares held in policyholder portfolios, are also expected to increase by between 25% and 30%. Sanlam's results for the six months ended 30 June 2014 are due to be released on 4 September 2014.
04-Jun-2014
(Official Notice)
Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders dated 5 March 2014 were passed by the requisite majority at the Annual General Meeting of Sanlam held at 14:00 on Wednesday, 4 June 2014.

04-Jun-2014
(Official Notice)
23-Apr-2014
(Official Notice)
Sanlam Emerging Markets (Pty) Ltd. (SEM) announced that the Sale and Purchase Agreement (SPA) between SEM and Koperasi MCIS Berhad (Koperasi) has been signed, and all conditions precedent have been met, for SEM to acquire 51% of the shares of MCIS Zurich Insurance Berhad (MCIS Zurich) for approximately ZAR1.25 billion (Ringgit Malaysia 387.6 million).



SEM will reach its 51% interest in two phases - firstly through the acquisition of a 40% interest from Koperasi (in a back-to-back transaction with Zurich Asia Holdings Ltd. (Zurich)), followed by a further 11% through a take-over offer to minority shareholders that will directly follow SEM's initial 40% acquisition. Should there be insufficient minority acceptances through the take-over offer, the additional shares necessary to reach a 51% interest will be purchased directly from Koperasi.



The transaction is in line with Sanlam's stated strategy to pursue value accretive growth opportunities into, amongst others, the South East Asia region. In May last year, SEM, the cluster within the Sanlam Group tasked with expansion into emerging markets, acquired a 49% stake in the Malaysian niche short-term insurer Pacific - Orient Insurance Co. Berhad (POI). MCIS Zurich is a life and general insurance business in Malaysia and was formed after a merger between MCIS Insurance (a local composite insurer with over 60 years of experience in the Malaysian market) and Zurich. MCIS Zurich currently operates with approximately 2800 life agents, 600 general agents and has a footprint of 26 branches in Malaysia.



Under Malaysia's regulatory regime, an investor may not do business under more than one life or general insurance license, unless the second is a Takaful (Sharia-compliant insurance) license. SEM will therefore not be able to maintain an interest in another general insurance business in Malaysia due to its existing holding in POI. As a result, MCIS Zurich will seek to sell or find an alternative solution for the general insurance business.



Werth adds that SEM believes MCIS Zurich is an ideal investment with years' experience in the local market and with an extensive branch network and agency force. SEM is currently doing business in India, Malaysia and 15 countries in Africa. In terms of the JSE Ltd. Listings Requirements, this transaction is not a categorised transaction.
09-Apr-2014
(Media Comment)
According to Business Day Sanlam plans to conclude three or four acquisitions in other African countries this year as it chases faster-growing markets. Sanlam which already has businesses in 10 English-speaking countries on the continent, is turning its focus to neighbouring Portuguese-speaking nations and further afield to north Africa.
31-Mar-2014
(Official Notice)
Sanlam shareholders are advised that the audited annual financial statements of the Sanlam Group contained in the Sanlam Integrated Report 2013 contain no modifications to the audited financial results of the Sanlam Group for the year ended 31 December 2013 which was released on the Stock Exchange News Service of the JSE Ltd. on Thursday, 6 March 2014.



The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2013, which includes a notice of the company's 16th Annual General Meeting together with a form of proxy, has been distributed to Sanlam shareholders today.



Notice is hereby given to shareholders recorded in the company's securities register on Friday, 14 March 2014, that the 16th Annual General Meeting of Sanlam shareholders will be held on Wednesday, 4 June 2014 at 14:00 in the CR Louw Auditorium, Sanlam Head Office, 2 Strand Road, Bellville, Cape Town to (i) deal with such business as may lawfully be dealt with at the meeting and (ii) consider and, if deemed fit, pass, with or without modification, the ordinary and special resolutions set out in the notice of Annual General Meeting, which meeting is to be participated in and voted at by Sanlam shareholders recorded in the company's securities register as at the voting record date of Friday, 23 May 2014.



The Sanlam Integrated Report 2013, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2013, is available on the Sanlam website (http://www.sanlam.co.za).
06-Mar-2014
(Official Notice)
Sanlam shareholders are advised that the Sanlam Integrated Report 2013, which incorporates the audited annual financial statements of the Sanlam Group for the year ended 31 December 2013, is available on the Sanlam website (http://www.sanlam.co.za). The audited annual financial statements of the Sanlam Group contained in the Sanlam Integrated Report 2013 contain no modifications to the audited financial results of the Sanlam Group for the year ended 31 December 2013 released on the Stock Exchange News Service of the JSE on Thursday, 6 March 2014. The summarised annual financial statements of the Sanlam Group for the year ended 31 December 2013, which includes a notice of the company's 16th Annual General Meeting together with a form of proxy, will be distributed to Sanlam shareholders by no later than Monday, 31 March 2014.
06-Mar-2014
(C)
Net income jumped to R102.0 billion (R89.3 billion). Net operating result rose to R11.9 billion (R10.0 billion). Shareholders' fund also increased to 8.1 billion (R5.7 billion). Furthermore, headline earnings per share shot up to 416.2cps (298.9cps).



Dividend

The group declares an annual dividend only due to the costs involved in distributing an interim dividend to our large shareholder base. Sustainable growth in dividend payments is an important consideration for the board in determining the dividend for the year. The board uses cash operating earnings as a guideline in setting the level of the normal dividend, subject to the group's liquidity and solvency requirements. The operational performance of the group in the 2013 financial year enabled the board to increase the normal dividend per share by 21% to 200 cents. This will maintain a cash operating earnings cover of approximately 1.2 times.
10-Feb-2014
(Official Notice)
Sanlam shareholders are advised that the Group's headline earnings per share and earnings per share for the 2013 financial year are expected to exceed that reported in respect of the corresponding period in 2012:

* Diluted headline earnings per share: expected to be up between 35% and 40%; and

* Diluted earnings per share attributable to shareholders: expected to be up between 40% and 45% .



The expected increase in earnings per share is in part due to exceptional items, being the discontinuance of a charge in Group earnings for secondary tax on companies, following its recent replacement with a dividend withholding tax, the impact of the relative change in the Sanlam share price in the current and corresponding reporting periods on the IFRS related transfers between policyholder and shareholder funds ("fund transfers"), as well as certain one-off positive investment revaluations of some R200 million during the period. The underlying investment return achieved on shareholder funds reflects the market performance for the period. Normalised headline earnings per share, which exclude fund transfers, are expected to increase by between 33% and 38%. Net operating profit ("net result from financial services") includes first time contributions from the Group's investment in Malaysia as well as increased holdings in the Shriram Group in India and Capricorn Investment Holdings in Namibia and is expected to be between 30% and 35% up on the corresponding period in 2012.



Sanlam's financial results for the twelve months ended 31 December 2013 are due to be released on 6 March 2014.
10-Feb-2014
(Media Comment)
Business Day reported that Sanlam and Santam are integrating offices in Sandton's financial district into one building. It is anticipated that the move will increase the group's visibility and likely lower costs related to taking up different offices. Sanlam CEO Johan van Zyl said the new building would enable the insurer to host its board meetings there and increasingly generate more activity in Johannesburg.
04-Dec-2013
(Official Notice)
14-Oct-2013
(Media Comment)
Business Day reported that Sanlam Emerging Markets was concluding an agreement to purchase a 49% stake in Nico Holdings' short term insurance operations in Uganda, Zambia, Tanzania and Malawi. The transaction will strengthen Sanlam's interests in Malawi-listed Nico Holdings as Sanlam Emerging Markets currently owns 49% of Nico Life Insurance.
05-Sep-2013
(C)
Net income rose to R40.4 billion (R36.9 billion) and net operating profit grew to R5.1 billion (R4.5 billion). Profit attributable to shareholder fund jumped to R3.5 billion (R2.4 billion). In addition, headline earnings per share increased to 179.4cps (125.1cps).



Dividend

The group only declares an annual dividend due to the costs involved in distributing an interim dividend to Sanlam's large shareholder base.



Outlook

The operating environment in the second half of the year is expected to remain difficult with weak economic growth in the group's core markets and investment market volatility likely to continue. These conditions, combined with a higher comparative base in the second half of the year and some once-off items impacting the results for the first six months of 2013, are likely to impact the group's ability to maintain the strong growth achieved in the key performance metrics. However, Sanlam remains confident that Sanlam has the strategy and depth of skills and experience to face these challenges and to continue in pursuit of sustainable delivery.
13-Aug-2013
(Official Notice)
Sanlam shareholders are advised that the Group's Headline Earnings per share and Earnings per share for the six months ended 30 June 2013 are expected to exceed that reported in respect of the corresponding period in 2012 by between 35% and 45%. Normalised Headline Earnings per share are expected to be up between 30% and 40%. This outperformance is in part due to exceptional items, including certain one off positive investment revaluations of some R200 million in the current reporting period and the discontinuance of the charge in Group earnings for Secondary Tax on Companies following its replacement with a dividend withholding tax.



The information in this trading statement has not been reviewed or reported on by Sanlam's external auditors. Sanlam's results for the six months ended 30 June 2013 are due to be released on 5 September 2013. For further information on Sanlam, please visit our website at www.sanlam.co.za
08-Aug-2013
(Official Notice)
Shareholders were advised of the following important changes to the board of directors ("Sanlam board"):



Retirement

Mr Ian Plenderleith will be retiring from the boards of Sanlam and Sanlam Life Insurance Ltd. with effect from 04 September 2013 as he would reach the age of retirement as stipulated in Sanlam's Memorandum of Incorporation.



Appointment

The vacancy that has been left by Mr Plenderleith will be filled by the appointment of Mr Paul Bradshaw to the Sanlam and Sanlam Life Insurance Ltd. boards as an Independent Non-Executive Director with effect from 07 August 2013.
05-Jun-2013
(Official Notice)
Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders dated 6 March 2013 were passed by the requisite majority at the Annual General Meeting of Sanlam held at 14:00 on Wednesday, 5 June 2013.



Retirement of director

Notification is hereby given that Adv FA du Plessis has retired from the Boards of Sanlam Ltd. and Sanlam Life Insurance Ltd. with effect from 05 June 2013.
05-Jun-2013
(Official Notice)
17-May-2013
(Official Notice)
Sanlam announced that all conditions precedent have been met to conclude the acquisition of a 49% stake in the Malaysian niche short-term insurer Pacific - Orient Insurance Co. Berhad (POI). The value of the transaction is Malaysian Ringgit (MYR) 270 million (approximately R814 million) and the effective date of the transaction is 17 May 2013.



The transaction is being executed by Sanlam Emerging Markets (SEM), the business cluster responsible for Sanlam Group's international expansion into selected emerging markets. The transaction is in line with Sanlam's stated strategy to pursue profitable growth opportunities in selected emerging markets and represents Sanlam?s first step into the important South East Asia region. Established in 1972, POI is wholly owned by Pacific - Orient, which is listed on the Main Board of the Bursa Malaysian Securities Berhad. POI's business is predominantly focused on motorcycle insurance and the company has a significant market share in this segment, making it the largest motorcycle insurer in Malaysia.
28-Mar-2013
(Official Notice)
Further to the publication of the Sanlam's audited results for the year ended 31 December 2012 on 7 March 2013, shareholders are advised that the Sanlam Integrated Report, which incorporates the audited financial statements for the year ended 31 December 2012, are available on the Sanlam website www.sanlam.co.za. The Sanlam Integrated Report contains no modifications to the audited results published on 7 March 2013. The Sanlam summarised financial statements for the year ended 31 December 2012 including the Notice of Annual General Meeting and proxy form will be posted to shareholders.



Notice of AGM

Notice is given to shareholders recorded in the Company's securities register on Friday 15 March 2013, that the fifteenth Annual General Meeting of the shareholders of Sanlam, which will be held on Wednesday 5 June 2013 at 14:00 in the CR Louw Auditorium, Sanlam Head Office, 2 Strand Road, Bellville, Cape Town to (i) deal with such business as may lawfully be dealt with at the meeting and (ii) consider and, if deemed fit, pass, with or without modification, the ordinary and special resolutions set out in the Notice of Annual General Meeting, which meeting is to be participated in and voted at by shareholders recorded in the Company's securities register as at the voting record date of Friday 24 May 2013.
07-Mar-2013
(Official Notice)
Further to the publication of the Sanlam Group's audited results for the year ended 31 December 2012 on 7 March 2013, shareholders are advised that the Sanlam Integrated Report, which incorporates the audited financial statements for the year ended 31 December 2012, is available on the Sanlam website www.sanlam.co.za. The Sanlam Integrated Report contains no modifications to the audited results published on 7 March 2013. The Sanlam summarised financial statements for the year ended 31 December 2012 including the Notice of Annual General Meeting and proxy form will be posted to shareholders by no later than 28 March 2013.
07-Mar-2013
(C)
Net operating result increased to R9.8 billion (2011: R8.5 billion), while profit for the year attributable to shareholders was higher at R5.7 billion (2011: R5.2 billion). Furthermore, headline earnings per share grew to 298.9cps (2011: 259.1cps).



Dividend

The board declared a normal dividend of 165cps, and a special dividend of 50cps, bringing a total dividend of 215cps for the year ended 31 December 2012.



Outlook

In 2013 we will focus on extracting more value from our existing partnerships in Africa. We will also finalise our Malaysian acquisition and continue to identify other opportunities in South East Asia, which we believe offers tremendous growth opportunities. In South Africa our focus will be on growing our market share in the Gauteng market as well as in the entry-level market. The Sanlam business is still predominantly intermediated and as part of our diversification strategy we are looking at alternative methods of distribution, especially in the entry-level market. Our joint ventures with affinity groups such as unions and church groups have proven successful alternative distribution channels and we will continue to expand on this approach. We have also made good progress with MiWay, a direct short-term insurance company owned by Santam. Our future goal is to add traditional Sanlam products to the MiWay online platform.



21-Feb-2013
(Official Notice)
South African financial services group Sanlam announced today that it has acquired a 3,7% direct stake in Shriram Transport Finance Company (STFC) (registered in India) for close to R1 billion (the "transaction"). Whereas Sanlam's existing exposure to STFC is via the Group's holding in Shriram Capital Ltd. (SCL), the shares acquired in terms of this transaction will be held directly by Sanlam Emerging Markets (SEM), the cluster within Sanlam responsible for financial services in emerging markets outside of South Africa.



STFC is a commercial vehicle financing business, listed on both the Bombay and National Stock Exchanges in India, with a loan book of approximately R60 billion. The transaction will take Sanlam's effective holding in STFC to approximately 10% and is in line with the Group?s strategy to increase its holdings in existing partners where appropriate. The transaction with STFC augments Sanlam's existing portfolio of businesses in Africa and Asia, in support of the Group's target of sustainable value creation in these growth markets. It further strengthens the existing relationship between Shriram and Sanlam.



Werth further says he remains confident in the long term potential for an attractive return despite a somewhat challenging economic environment in India currently. Sanlam has been in partnership with the Shriram Group of India in respect of life insurance (Shriram Life) since 2005 and short term insurance (Shriram General) since 2008. Last year Sanlam concluded a further R2 billion investment in Shriram Capital Limited (SCL), the holding company for the financial services interests of the Shriram Group. Following that transaction, SEM effectively owns 26% of SCL.
16-Jan-2013
(Official Notice)
Shareholders were advised that Mr Arun Duggal has been appointed to the Sanlam and Sanlam Life Insurance Ltd. boards as an Independent Non-Executive Director with effect from 15 January 2013.
10-Dec-2012
(Official Notice)
South Africa based financial services group, Sanlam announced that it has executed all agreements to acquire a 49% stake in Malaysian short term insurer Pacific - Orient Insurance Co. Berhad (POI) (the transaction) following recent approval by Bank Negara Malaysia and the Malaysian Minister of Finance to continue with the transaction. The completion of the transaction is subject to the fulfilment of certain conditions, including the approval for the transaction by the shareholders of POI's holding company Pacific - Orient Berhard (P-O). The purchase consideration for the 49% stake in POI is Malaysian Ringgit (MYR) 270 million (approximately R760 million).



The transaction is in line with Sanlam's stated strategy to pursue profitable growth opportunities in selected emerging markets and represents Sanlam's first step into the important South East Asia region. Established in 1972, POI is wholly owned by P-O, which is listed on Main Board of the Bursa Malaysian Securities Berhad. POI's business is predominantly focused on motorcycle insurance and the company has an approximate 40% market share in this segment, making it the largest motorcycle insurer in Malaysia. The country relies heavily on motorcycles as a mode of transport with approximately one motorcycle for every three people. New motorcycles sales are projected to grow by 10% per annum until 2015.



POI has performed well over time due to its strong management team. In 2011, the company grew its profit after tax by 36% to Malaysian Ringgit 57 million (or approximately R160 million at the current exchange rate) and increased net underwriting margins to above 10%. Sanlam believes that the Malaysian business environment, where the regulator is encouraging international partnerships for local companies, will contribute to growth. POI's current management team will continue managing the business with Sanlam seconding staff to POI over time.
06-Dec-2012
(Official Notice)
Shareholders are advised that Ms Yaganthrie (Yegs) Ramiah has been appointed to the Sanlam and Sanlam Life Boards as an executive director with effect from 06 December 2012.
06-Dec-2012
(Media Comment)
Business Day reported that Sanlam is investigating an opportunity in Indonesia following an acquisition announcement in Malaysia in November 2012. The insurer's CEO, Johan van Zyl, said Sanlam "is hoping to get something in Indonesia in the next few months" as "we are in talks with a number of people on a range of things." Sanlam has R3 billion in discretionary capital available to do deals.
05-Dec-2012
(Official Notice)
26-Nov-2012
(Official Notice)
Sanlam aannounced that it has received approval from Bank Negara Malaysia and the Minister of Finance (Malaysia) to acquire a 49% shareholding in Malaysian short term insurer Pacific - Orient Insurance Co Berhad (POI) from Pacific - Orient Berhad (POB). The acquisition is subject to the signing of the Sale and Purchase and Shareholders' agreements. In addition, approval is also required from the shareholders of POB. In terms of the JSE Ltd. Listings Requirements, this transaction is not a categorised transaction.



Further details will be announced in due course. The proposed transaction is in line with Sanlam's stated strategy to pursue profitable growth opportunities in selected emerging markets and represents Sanlam?s first step into the important South East Asia region
03-Oct-2012
(Media Comment)
Business Day highlighted that Sanlam, by the stroke of a pen and an investment of R2 billion has laid claim to a stake in a major Indian financial services company that has interests in the insurance, commercial and retail financing businesses. The deal which Sanlam is funding from its own cash resources, has been done through Sanlam Emerging Markets, the unit the group is using to expand into emerging markets. The Shriram Capital deal cements a strategic relationship Sanlam has had with the group's insurance units since 2005.
02-Oct-2012
(Official Notice)
South African financial services group Sanlam announced the finalisation of a further R2 billion investment in the leading Indian financial services group Shriram Capital Ltd. ("SCL"). Sanlam's proposed investment into SCL was first announced in September 2011 and has been subject to a number of conditions and regulatory approvals. These have since all been obtained which allowed for the final conclusion of the transaction. The investment in SCL has been made by Sanlam Emerging Markets ("SEM"), the cluster within Sanlam responsible for financial services in emerging markets outside of South Africa. The acquisition augments its existing portfolio of businesses in Africa and Asia, in support of the Group's target of sustainable value creation in these growth markets. Following the transaction, SEM effectively owns of 26% of SCL. The investment has been funded from Sanlam's surplus capital.
07-Sep-2012
(Official Notice)
Sanlam announces that Dr Yvonne Muthien will be retiring as an executive director of the Sanlam board of directors, as well as its subsidiary companies' boards, and as a chief executive of Sanlam Group Services with effect from 5 September 2012.
06-Sep-2012
(C)
Net income surged to R36.6 billion (R24.9 billion). The net operating result rose to R4.4 billion (R4 billion). Profit for the period was up marginally to R2.76 billion (R2.75 billion). In addition, headline earnings per share grew to 125.1c (113.5cps).



Outlook

The operating environment in the second half of the year is expected to remain challenging with weak global economic growth and volatility in investment markets also likely to continue. In addition, positive one-off items in this reporting period as well as in the second half of 2011 are likely to impact on our ability to sustain the current level of growth in operating profit for the full year. The financial services industry across the globe is facing a fast changing regulatory landscape. South Africa is no exception with many international developments finding their way into local legislation. Although we are supportive of the objectives of the new regulations, the fast pace and simultaneous implementation of the changes place severe pressure on senior resources within the industry and the Sanlam Group. However, we remain confident that we have the depth of skills and experience to meet these challenges and to continue relentlessly in the execution of the group's strategy in pursuit of sustainable delivery.
05-Sep-2012
(Media Comment)
Business Day highlighted that Sanlam had signed an agreement with Bharti Airtel, Africa's largest telecoms provider. The alliance creates a platform for Sanlam to distribute its insurance and health products. Sanlam will be able to provide services through the Airtel network. The deal with Sanlam will cover seven countries among them Kenya, Ghana, Nigeria and Uganda. Sanlam indicated that Airtel was a logical partner because of the two companies' mutual objectives in the developing country markets and their overlapping geographic footprint in the rest of Africa.
06-Jun-2012
(Official Notice)
Shareholders were advised that the special and ordinary resolutions proposed in the notice to shareholders dated 7 March 2012 were passed by the requisite majority at the annual general meeting of Sanlam held at 14:00 on Wednesday, 6 June 2012. The special resolution regarding the adoption of the new Memorandum of Incorporation in terms of section 16(1)(c)(ii) of the Companies Act, No 71 of 2008, as amended, will be filed with the Companies and Intellectual Property Commission.
06-Jun-2012
(Official Notice)
10-May-2012
(Official Notice)
Sanlam Investment Holdings Ltd. ("SIH"), a wholly owned subsidiary of Sanlam, has concluded an agreement to acquire the remaining 50% shareholding in Satrix Managers Pty Ltd. (Satrix Managers). The agreement is subject to suspensive conditions, which include, inter alia, the obtaining of all required regulatory and statutory approvals. If approved, the acquisition will bring SIH's shareholding in Satrix Managers to 100% and Satrix Managers will be consolidated into the Sanlam financial statements.
02-Apr-2012
(Media Comment)
According to Business Day, Sanlam on Friday said it had a raft of strategies to grow its business and had an appetite to expand its footprint in Africa and Asia. Group CEO Johan van Zyl said the JSE-listed life insurer also planned to attract new clients and strengthen its distribution channels in SA. It would also close a transaction worth nearly R2 billion to buy a stake in Indian financial services group Shriran's presence in India where local rival Old Mutual also plans to expand its market. Writing in Sanlam's annual report, Dr van Zyl said the insurer had a strong business franchise that would be able to withstand the economic "headwinds" blowing across some of its core markets. "SA, together with the rest of the world, is facing strong headwinds in 2012. Economic, regulatory and political uncertainty cause instability, which tens to hamper growth. "In SA we are currently facing all three. It is no surprise then that the South African economy appears to be caught in a 2.5% - 3.5% growth trajectory for the foreseeable future, "said Dr van Zyl said. Sanlam was, however, 'well prepared" for the headwinds and across winds that it expected to encounter this year. "In 2011 we restructured parts of our business to support sustainable growth into the future.
30-Mar-2012
(Official Notice)
Further to the publication of the Sanlam's audited results for the year ended 31 December 2011 on 8 March 2012, shareholders are advised that the Sanlam integrated annual report, which incorporates the audited financial statements for the year ended 31 December 2011, will be available on the Sanlam website www.sanlam.co.za. today. The Sanlam integrated annual report contains no modifications to the audited results published on 8 March 2012. The Sanlam summarised financial statements for the year ended 31 December 2011 including the notice of annual general meeting will also be issued to shareholders.



Notice was given to shareholders recorded in the company's securities register on Friday 16 March 2012, that the fourteenth annual general meeting of the shareholders of Sanlam, which will be held on Wednesday 6 June 2012 at 14:00 in the CR Louw Auditorium, Sanlam Head Office, 2 Strand Road, Bellville, Cape Town to;

* deal with such business as may lawfully be dealt with at the meeting and

* consider and, if deemed fit, pass, with or without modification, the ordinary and special resolutions set out in the notice of annual general meeting, which meeting is to be participated in and voted at by shareholders recorded in the company's securities register as at the record date of 25 May 2012.
08-Mar-2012
(C)
Profit before tax fell to R8.6 billion (2010: R9.3 billion). Profit for the year decreased to R6.1 (2010: R6.5 million), while profit attributable to ordinary shareholders lowered to R5.2 billion (2010: R5.5 billion). Furthermore, headline earnings per share was slightly lower at 259.1cps (2010: 260cps).



Dividend

The operational performance of the group in the 2011 financial year enabled the board to increase the dividend per share by 13% to 130cps. This will maintain a cash operating earnings cover of approximately 1.19 times.
31-Jan-2012
(Media Comment)
Business Day reported that Sanlam confirmed its plan to acquire the local fund-administration units of US-based JPMorgan, as SA's largest long-term insurer continues to find assets in which to invest its excess capital. Sanlam has about R1 billion to fund bolt-on acquisitions as part of a strategy to grow its businesses in SA, Africa and Asia according to CEO Johan van Zyl. The head of Sanlam's investment unit, Johan van der Merwe, told Bloomberg the group planned to form a joint venture with Old mutual to buy the unit from JPMorgan. No purchase price has been mentioned, and Sanlam did not indicate when the transaction is likely to take place.
07-Dec-2011
(Official Notice)
01-Nov-2011
(Media Comment)
According to Business Report, London-based brokerage Merchant Securities Group has agreed to be bought by Sanlam for GBP12.2 million (R151 million). Sanlam already owned 9.7% of Merchant and had offered 22 pence per share for the rest of the stock. The offer represented a 91% premium to the brokerage?s closing price of 11.5 pence on August 30, the day before Merchant disclosed the approach.
08-Sep-2011
(C)
Net income increased to R24.9 billion (R20.8 billion). The operating result improved to R4 billion (R3.6 billion). Net attributable profit rose to R2.3 billion (R2.1 billion). In addition, headline earnings on a per share basis grew to 113.5c (86.2cps).



Outlook

Operating conditions are expected to remain difficult for the remainder of 2011. The economies of developed markets are likely to remain weak with downside risk increasing significantly since the end of June. This elevates the risk of a slowdown in demand for commodities, which will impact on growth in the resource-based economies in which the group operates. Volatility in investment markets is commensurately also expected to remain, with global markets sharply down since the end of June. The outlook for the remainder of the 2011 financial year therefore remains cautious. Investment market performance for the second half of the year will also impact on the level of headline earnings growth to be reported for the full year.
16-Aug-2011
(Official Notice)
Sanlam shareholders are advised that the Group's headline earnings per share for the six months ended 30 June 2011 are expected to exceed that reported in respect of the corresponding period in 2010 by between 25 and 35%. Sanlam's results for the six months ended 30 June 2011 are due to be released on 8 September 2011.
08-Jun-2011
(Official Notice)
Notification is hereby given in accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements that Messrs AS du Plessis and GE Rudman have retired by rotation as non-executive directors from the Boards of Sanlam Limited and Sanlam Life Insurance Limited with effect from 08 June 2011.
08-Jun-2011
(Official Notice)
Shareholders are advised that the special (the ordinary resolution regarding the directors' remuneration for the next year was also passed as a special resolution as required by the new Companies Act, 2008 (No. 71 of 2008)) and ordinary resolutions proposed in the notice to shareholders dated 9 March 2011 were passed by the requisite majority of votes at the Annual General Meeting of Sanlam held at 14h00 on Wednesday, 08 June 2011.
08-Jun-2011
(Official Notice)
06-Apr-2011
(Media Comment)
Business Day reported that Sanlam will invest in medical insurance businesses in Tanzania and Zambia this year as part of a growth strategy to find ways to put its R4 billion in excess capital to use. Sanlam CEO Johan van Zyl said that expansion opportunities were also being explored in other African countries, the UK and India. Investments in these markets were aimed at further diversifying Sanlam's markets and sources of revenue, while minimising concentration risk in one market. Other strategies for this year include expanding the group's South African customer base through product design and innovation, as well as expanding delivery channels.
31-Mar-2011
(Official Notice)
Further to the publication of the Sanlam's audited results for the year ended 31 December 2010 on 10 March 2011, shareholders are advised that the Sanlam 2010 annual report, which incorporates the audited financial statements for that period, was posted to shareholders. The annual report contains no modifications to the audited results published on 10 March 2011. The annual report is also available on the Sanlam website www.sanlam.co.za.



The annual general meeting of shareholders will be held on Wednesday, 8 June 2011 at 14:00 in the CR Louw Auditorium, Sanlam Head Office, 2 Strand Road, Bellville as set out in the notice of annual general meeting. The notice of annual general meeting accompanies the Sanlam 2010 annual report.
28-Mar-2011
(Official Notice)
Notification was given of the appointment of the following independent non-executive directors on the boards of Sanlam and Sanlam Life Insurance Ltd with effect from 28 March 2011.

*Ms Philisiwe Buthelezi

*Mr Philip de Villiers Rademeyer

*Mr Christiaan Gerhardus Swanepoel
10-Mar-2011
(C)
Profit before taxation increased from R7 597 million to R9 272 million in 2010. Profit for the period increased to 6 515 million (2009: 5 072 million). Profit attributable to ordinary shareholders increased to R5 523 million (2009: R4 388 million). Headline earnings per share increased to 260cps (2009:224.2cps).



Dividend

A final dividend of 115cps was declared for the period under review.



Prospects

The South African economy is not going to stage a large-scale recovery in 2011. Instead we expect slow, yet steady progress, led by household consumption and followed by a turnaround in capital spending by the business sector. This is likely to lead to a current account deficit, which could curb the rising trend in the exchange rate. Risks facing us over the shorter term are volatile markets and a continued weakness in the economies of developed markets. Of concern is that the economies of most African countries tend to lag the developed world. Therefore, while slow recovery is starting to set in elsewhere, countries like Botswana are still feeling the recessionary pressures. The outlook for the financial services business environment is not buoyant, but we expect to see modest growth in 2011. Cautious optimism is therefore in order for 2011.
24-Jan-2011
(Official Notice)
Shareholders were referred to the legal action instituted by Topmed and Selfmed ("the schemes"), two medical aid schemes formerly administered by Sanlam Health up to December 1997, as reported in Sanlam's 2009 annual and 2010 interim reports. The schemes instituted legal action against Sanlam Health claiming that they are entitled to share in profits accumulated by Sanlam Health during the period May 1975 to December 1997.



The merit and quantum of the claims were referred for arbitration. Based on a final ruling received from the arbitrators, Sanlam has now made payments of R458 million and R129 million to Topmed and Selfmed respectively in full and final settlement of the matter. The payments were made from provisions recognised for this purpose in previously reported financial periods and will not have an impact on Sanlam's reported results for the 2010 or 2011 financial years.
08 Dec 2010 15:12:38
(Official Notice)
06 Oct 2010 09:46:47
(Media Comment)
According to Business Report, Sanlam is planning to start operations in Indonesia, Malawi and Mozambique in the next 18 months as part of its strategy to grow and improve its business inside and outside Africa. According to Sanlam Developing Markets chief executive Heinie Werth, the insurer would enter these markets because some African countries and emerging markets had shown better gross domestic product growth in the last ten years.
13 Sep 2010 09:21:57
(Media Comment)
According to Business Day, Sanlam Private Investments will launch SA's first specialist art advisory service this month. The launch is in response to the growing trend among high-net-worth individuals to diversify their portfolios as a result of the global downturn by investing in art, Sanlam said. Its service will provide independent expert advice on all aspects of art investment.
09 Sep 2010 12:02:37
(Official Notice)
Shareholders were notified that Mr. Sana-Ullah Bray has been appointed as company secretary of Sanlam Ltd and Sanlam Life Insurance Ltd with effect from 1 January 2011. He has been the company secretary of Santam Ltd since 2004. Johan Bester and Magda Lombard, the existing company secretaries of Sanlam Ltd and Sanlam Life Insurance Ltd respectively, will be appointed to other positions in the Sanlam group office with effect from the same date.
09 Sep 2010 10:10:38
(Official Notice)
Sanlam has reached an agreement with the curators of four pension and retirement funds ("the Funds") on a settlement of disputes that originated from the removal of surpluses from these funds in the 1990s. The CEO of the Financial Services Board ("FSB"), although not a party to the settlement agreement, played an integral part in the negotiations leading up to the settlement. The funds concerned are the Datakor Group Pension Fund and Retirement Fund, the Cortech Pension Fund (all three under curatorship) and the Picbel Groepvoorsorgfonds (in liquidation). Sanlam has made several offers since 2006 to settle the matters as part of an earlier undertaking given to the FSB and to the National Prosecuting Authority ("NPA"). Sanlam provided an undertaking to participate fully in all investigations into allegations in respect of the removal of surpluses from the funds in the 1990s and to make every effort to see to it that the members of the funds are compensated for any losses suffered. Sanlam continues to believe that it did not participate in any unlawful action involving the surpluses, but that the settlement is in the interests of the members of the Funds who have incurred losses. The settlement agreement provides for Sanlam, without admission of liability, to pay the funds the sum of R175 million on specific terms and conditions accepted by the curators and liquidators. The liquidators and curators have agreed to continue to take all reasonable steps to recover the losses suffered by the funds from all other parties and persons against whom the funds may have claims for such losses. The net amount of all such recoveries up to a maximum of R25 million will be paid back to Sanlam. As reported since its Interim Results and its Annual Report of 2009, Sanlam has made provision for the payment of a possible settlement amount as a contingency.
09 Sep 2010 09:58:20
(C)
Net income expanded to R20.7 billion (2009: R15.8 billion), while net operating profit also jumped to R3.5 billion (2009: R2.9 billion). Profit attributable to ordinary shareholders grew to R2 billion (2009: R1.6 billion). Headline earnings per share improved to 80.5cps (2009: 78.9cps).



Dividends

No dividend was declared in the period under review



Outlook

The group's well established strategy successfully supported the results achieved for the first six months of 2010. The board and management remain committed to the group's key objective of maximising shareholder value. This is underpinned by the five pillars of optimal capital utilisation, earnings growth, cost control and efficiencies, diversification and transformation, which are also reflected in five main priority areas for 2010 as identified in the 2009 annual report. Good progress has been made on all of these. To grow the business through profitable volume growth, client service and cost management amidst a difficult business environment the group achieved net new fund inflows of R6.6 billion. The value of new life business for the first six months increased by 16%, at a higher average margin than for the comparable period in 2009. At the same time the service culture of the group received market recognition in a number of areas. Among them Santam received all three awards in the short-term insurance category issued by the IFA community. Sanlam personal finance received the IFA awards for both recurring and single premium investment product suppliers. The group's asset managers continue to produce sound asset management results and Sanlam Investments exceeded almost 100% of their mandates measured over a one year period.
28 Jun 2010 08:28:26
(Media Comment)
Business Day highlighted that Sanlam, the largest SA- based insurer, will spend as much as R1.5 billion, on expanding its business in Africa and India. CEO Johan van Zyl indicated that shareholders might also benefit if Sanlam found a foreign partner, as the large European insurers did not see growth in their own markets.
10 Jun 2010 15:26:45
(Official Notice)
Shareholders are advised that the special resolution and the ordinary resolutions proposed in the notice to shareholders dated 10 March 2010 were passed by the requisite majority at the Annual General Meeting of Sanlam Limited held at 14:00 on Wednesday, 9 June 2010. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
09 Jun 2010 16:08:19
(Official Notice)
Notification is hereby given in accordance with the JSE Limited Listings Requirements of the following changes in the directorship and committee membership of Sanlam:

*Roy Andersen, the chairman of the Sanlam Limited and Sanlam Life Boards, indicated in December 2009 that he wanted to step down as chairman and as a director of those companies at the conclusion of the Sanlam Board meeting of 9 June 2010, after completing two three-year terms as a director. He has served as independent non-executive chairman since June 2004.

*Desmond Smith became the new chairman of the Sanlam Limited and Sanlam Life Boards on 9 June 2010 after he was unanimously appointed as chairman-elect by the Sanlam Board in December 2009 to succeed Mr Andersen. He is an independent non-executive director of Sanlam and the former chairman of Santam Ltd.
09 Jun 2010 14:10:44
(Official Notice)
21 May 2010 08:56:33
(Media Comment)
Business Day reported that Sanlam Healthcare Management announced its merger with medical fund administrator Eternity Private Health - an established provider of administration, health risk, managed care and information technology solutions in the medical scheme industry. According to chairman Anton Gildenhuys, the merger was in line with Sanlam's strategy to grow its medical fund capabilities. The transaction would increase the number of lives under administration at Sanlam Healthcare to about 175 000 from 130 000, bolster its IT managed care and administration capabilities and also further broaden Sanlam's involvement in the affluent and professional markets through Eternity's administration of the Chartered Accountants Medical Aid Fund.
09 Apr 2010 10:02:14
(Media Comment)
Business Day reported that Sanlam group CEO Johan van Zyl warned of further job losses in SA and said he doubted the much-talked-about "green shoots" of recovery would lead to vigorous economic growth this year. Van Zyl said inflation would remain under pressure largely because of high electricity tariffs, increased wages and higher oil prices. On the other hand, the feel-good factor brought about by the Soccer World Cup would not solve the structural imbalances in the economy overnight. "I would like nothing more than to join the optimists in their outlook for 2010, but I am not convinced that the so-called green shoots of recovery are about to burst into vigorous growth," he wrote in the group's annual report. He went on to say "In my view, the true bottom was only reached at the end of 2009, with a delayed recovery from the middle of this year."
31 Mar 2010 15:32:37
(Official Notice)
Further to the publication of the Sanlam Group's audited results for the year ended 31 December 2009 on 11 March 2010, shareholders were advised that its 2009 annual report, which incorporates the audited financial statements for that period, has been posted to shareholders on 31 March 2010. The annual report contains no modifications to the audited results which were published on 11 March 2010. The annual report is also available on the Sanlam website www.sanlam.co.za.



Annual general meeting

The annual general meeting of shareholders will be held on Wednesday, 9 June 2010 at 14:00 in the CR Louw auditorium, Sanlam head office, 2 Strand road, Bellville as set out in the annual general meeting notice.
08 Mar 2010 09:54:41
(Media Comment)
Business Day reported that financial services group Sanlam has entered into a joint venture to form a new Isle of Man-based European property investment advisory and management company, Exclusive Holdings. The deal is a partnership with the Mertech and Attventure groups in SA and Salt Properties on the Isle of Man. It brings to four the number of international investment deals struck by Sanlam International Investment Partners(SIIP) in 18 months. SIIP MD Hendrik Pfaff added that they look forward to working together to develop a range of direct property investment management interests under the holding company, Exclusive.
11 Feb 2010 14:03:57
(Official Notice)
The Sanlam group achieved satisfactory operating results for the year to 31 December 2009. Growth in core earnings per share is expected to be approximately in line with the -2% reported for the six months to June 2009. The 29% increase in the JSE All Share Index during 2009 had a positive impact on the level of investment return achieved for the year. Sanlam's headline earnings per share, including the IFRS impact of Sanlam shares held by the policyholders' funds, are expected to be between 60% and 70% higher than for the corresponding period in 2008. Normalised headline earnings per share are expected to be between 130% and 140% higher. The percentage increase in Normalised headline earnings per share is lower than that reported in the operational update issued early in December 2009 in respect of the ten months to October 2009. This is due to the lower relative investment market performance in the last two months of the year compared to the same period in 2008. The audited results for the year ended 31 December 2009 are expected to be announced on 11 March 2010.
06 Jan 2010 07:53:22
(Media Comment)
Business Report noted that Sanlam Investments ("SI"), has acquired full ownership of Swiss-based international hedge fund manager, Octane Holdings ("Octane"), and raised its shareholding in another hedge fund. This was purportedly done in a bid to strengthen the company's global hedge fund offering. Octane has assets under management of USD800 million. A Cape Town-based analyst said it is a good opportunity to buy now as assets are cheap.
18 Dec 2009 13:41:15
(Official Notice)
Shareholders are referred to the announcement released by Vukile Property Fund Ltd ("Vukile") whereby Vukile unitholders were advised that all of the resolutions tabled at a general meeting held on Friday, 18 December 2009, were passed by the requisite majority of unitholders. All the suspensive conditions to the acquisition by Vukile of the property asset management business of Sanlam Properties (Pty) Ltd ("Sanlam Properties") directly related to Sanlam Life Insurance Ltd's property portfolio, as a going concern ("the business acquisition") have been met, with the result that the business acquisition is now unconditional.



The business acquisition will be implemented with effect 1 January 2010 and the linked units in Vukile to satisfy the purchase consideration will be allotted and issued to Sanlam Properties and listed on the JSE Limited from the commencement of business on Monday, 4 January 2010.
03 Dec 2009 10:13:30
(Official Notice)
Roy Andersen, the non-executive chairman of the board has indicated that he wishes to step down as chairman and a director of the company at the annual general meeting to be held on 9 June 2010 at which time he will have completed two three-year terms as a director. He served as non-executive chairman since June 2004.



Patrice Motsepe who is one of South Africa's leading entrepreneurs and is deputy chairman of the board and also leader of Sanlam's anchor empowerment shareholder, Ubuntu-Botho was unanimously requested to accept the position of chairman of Sanlam. Mr Motsepe however humbly indicated that due to his extensive business commitments and obligations, he was unfortunately not in a position to accept this appointment. The board thereafter proceeded to unanimously appoint Desmond Smith as chairman- elect to succeed Mr Andersen on 9 June 2010. He is currently an independent non- executive director of Sanlam and chairman of Santam Ltd ("Santam").



The Sanlam board also announced the appointment of Dr Yvonne Muthien (53) and Temba Mvusi (54) as executive directors on the boards of Sanlam and Sanlam Life Insurance Ltd with immediate effect.
02 Dec 2009 16:51:41
(Official Notice)
25 Nov 2009 17:27:36
(Official Notice)
Deutsche Bank today announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Sanlam Ltd.
29 Oct 2009 14:15:45
(Official Notice)
26 Oct 2009 08:01:46
(Media Comment)
Business Day reported that Sanlam Employee Benefits ("EB") has reached the end of a 42-month period to migrate 750 000 members to a new administration platform. Divisional CEO Paul Myeza says the unit can now focus on new business. Myeza said EB was now "poised to go out there and grow."
04 Sep 2009 08:58:26
(Media Comment)
Sanlam is waiting for a licence to commence operations in Nigeria, according to Business Report. Frans van Rensberg, group communications manager, said the licence could be awarded later in 2009 or in 2010. Van Rensberg added that Sanlam prefers to enter African markets by partnering with UK banks Standard Chartered and Barclays, would not say if this will be the case in Nigeria. In next door Ghana, Sanlam is already the number one life assurer. Beyond Africa, Sanlam wants to open two new offices in India each week over the next two years, and CE Johan van Zyl believes that as competitors like American International Group pull back, there will be "big opportunities for people like us."
03 Sep 2009 10:02:15
(Official Notice)
Revenue increased from R58.3 billion to R59.3 billion in 2009. Operating profit increased to R2 859 million (2008:R2 679 million). Profit attributable to ordinary shareholders decreasing to R1 606 million (R1 852 million). Headline earnings on a per share basis decreased to 84.60cps (96.50cps).



Dividends per share

No interim dividend was declared for the period under review.



Prospects

International sentiment has improved over the last few months, with many analysts of the opinion that the world economy is at or past its lowest point of the current recession. Risk aversion has also started to subside with a renewed interest from international investors in developing markets. This bodes well for the South African equity market, which has seen a major improvement in performance since the end of June 2009. A continuation of positive equity market returns will support improved profitability in the group's investment management operations in particular and should be positive for fund flows into equity-based solutions. Investment market volatility has, however, not fully subsided and downside risk remains high.



The improved sentiment has also provided some support for commodity prices, which should underpin an improvement in the real economy of many of the African countries in which the Group operates. The negative trend in the South African economy is expected to stabilise and show gradual recovery on the back of higher commodity prices and improving consumer confidence and spending power as the benefits of the recent interest rate cuts start to emerge over the next few months. Any material impact of the improvement in economic conditions is however only expected to reflect in the group's operating results from 2010 onwards.



Challenging trading conditions are therefore expected to persist for the remainder of the 2009 financial year, but we remain confident that our businesses are well set to continue weathering the challenges. Relative market movements during the second half of the year will impact on the level of earnings growth to be reported for the full 2009 financial year.
29 Jul 2009 09:01:18
(Media Comment)
Business Day reported that Sanlam and Standard Chartered Bank ("StanChart") have signed a bancassurance partnership deal. The agreement will enable Sanlam to sell its life insurance products through StanChart's banking network in five African countries. The five countries are Botswana, Tanzania, Ghana, Zambia and Kenya. Sanlam Developing Markets Rest of Africa CE, Margaret Dawes, commented that they had had researched African markets and were confident they could provide competing products to meet clients' needs. Meanwhile, in addition to this deal, Sanlam plans to start a mutual funds business in India by February 2010 from which it hopes to break even in five years.
11 Jun 2009 11:24:12
(Official Notice)
10 Jun 2009 08:29:48
(Media Comment)
According to Business Day, Sanlam wants to increase its stake to 49% in its Indian insurance joint venture when foreign direct investment ("FDI") rules permit it. CE Johan van Zyl said he expects India's government to raise the FDI ceiling from 26% to 49% very soon.
09 Jun 2009 17:03:20
(Official Notice)
Mr Desmond Smith has been appointed as non-executive director on the boards of Sanlam and Sanlam Life Insurance Ltd with effect from 8 June 2009. Mr. Smith is appointed in one of the vacancies on these boards following the earlier resignations of Ms Maria Ramos and Dr Wilmot James. He is currently chairman of both Santam Ltd and the Reinsurance Group of America (South Africa) (RGA), and a director of a number of companies.



Mr Smith joined Sanlam in 1968, where he became managing director in 1993. He retired from Sanlam at the end of 1997. He served as managing director of the RGA from 1999 until 2005. He is a Past President of the Pensions Institute of Southern Africa and of the Actuarial Society of South Africa. He currently serves on a number of the committees of the Society and the International Actuarial Association. He was Chairman of the Life Offices Association of South Africa (LOA) in 1996, 2004 and 2008. He is past Chairman of the Council of Stellenbosch University, serves on the advisory board of the University's Graduate School of Business and is Chairman of the Stellenbosch Institute for Advanced Studies (STIAS). He serves on the Advisory Committee on Long-term Insurance and the Council of the Ombudsman for Long-term Insurance.
05 Jun 2009 12:11:10
(Official Notice)
Shareholders are advised that all of the special resolutions and ordinary resolutions proposed in the notice to shareholders dated 6 March 2009, were passed by the requisite majority at the annual general meeting of Sanlam held at 14:00 on Wednesday, 3 June 2009. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
03 Jun 2009 14:09:00
(Official Notice)
20 May 2009 10:36:03
(Media Comment)
Johan van Zyl, Sanlam's CE, believes that the company's recent acquisitions have lowered risk and offer the possibility of future growth. Business Report quoted van Zyl as saying that even though "Sanlam has been affected by the global crisis" the company's "cost base remains the same or has increased" and the group will "continue to pursue efficiencies". Under van Zyl Sanlam's market capitalisation has risen from R15 billion in 2003 to R35 billion in 2009.
29 Apr 2009 17:04:16
(Official Notice)
Further to the publication of Sanlam's audited results for the year ended 31 December 2008, shareholders are advised that its 2008 annual report, which incorporates the audited financial statements for that period, has been posted to shareholders. The annual report contained no modifications to the audited results which were published on 5 March 2009. The annual report is also available on the Sanlam website www.sanlam.co.za. The annual general meeting of Sanlam shareholders will be held on Wednesday, 3 June 2009.
01 Apr 2009 09:04:33
(Official Notice)
Shareholders are referred to the announcement of the group's 2008 annual results released on SENS on 5 March 2009, which contained the dates relating to the cash dividend declared in respect of the 2008 financial year. The date of the South African general elections has been confirmed as Wednesday, 22 April 2009, and that day has been declared a public holiday. The dates relating to the group's cash dividend payable in May 2009 are accordingly confirmed as follows:

*Last day to trade for 2008 dividend - Thursday, 16 April 2009

*Shares will trade ex-dividend from - Friday, 17 April 2009

*Record date for 2008 dividend - Friday, 24 April 2009

*Payment date for 2008 dividend - Wednesday, 6 May 2009
05 Mar 2009 14:18:36
(C)
Covered business yielded a return of 3% compared to 17% in 2007. This lower level of return is attributable to the negative investment market performance during 2008, which decreased the return earned on the supporting capital from positive earnings of R1.6 billion in 2007 to a loss of R0.7 billion in 2008, and also resulting in negative investment variances of R1.4 billion on the value of in force business in 2008. Sanlam Personal Finance, Sanlam UK and Sanlam Employee Benefits' return on covered business were depressed by these items compared to the returns in 2007, with Sanlam Employee Benefits in particular being negatively impacted by the return on adjusted net worth, given its disproportionate size relative to its value of in-force. A very strong new business performance, combined with lower equity exposure in its supporting capital base, contributed to a sterling 31% return on covered business for Sanlam Developing Markets.



Dividend

The operational performance of the group in the 2008 financial year enabled the board to increase the dividend per share by 5% to 98c.



Looking ahead

Recessionary conditions in most of the major international economies are likely to have a negative impact on South African trade, with an expected lower demand for commodities and reduced economic growth for the foreseeable future. These conditions will have an unavoidable impact on the group's operations, in particular on the investment management and capital markets operations that are more exposed to the market volatility and negative sentiment, but also on the life insurance businesses that are reliant on the level of consumer confidence and disposable income in its target client base. Some slowdown in new business flows can therefore be expected. This sets the stage for a challenging 2009 and although management is confident that Sanlam's businesses are robust enough to weather these challenges, it will impact on the group's ability to repeat its 2008 operational performance.
06 Feb 2009 16:31:59
(Official Notice)
Sanlam's HEPS, including the IFRS impact of Sanlam shares held by the policyholders' funds, are therefore expected to be between 35% and 45% lower than for the corresponding period in 2007. Normalised HEPS are expected to be between 55% and 65% lower. This is a major improvement on the change in normalised headline earnings reported in the operational update issued early in December 2008 for the ten months to October 2008, due to the better relative investment market performance in the last two months of the year. Notwithstanding the impact of the adverse market conditions, the Sanlam group remains well capitalised. The audited results for the year ended 31 December 2008 are expected to be announced on 5 March 2009
27 Jan 2009 16:05:44
(Official Notice)
Wilmot James has resigned as non-executive director from the boards of Sanlam Ltd and Sanlam Life Insurance Ltd with effect from 26 January 2009.
15 Dec 2008 09:10:57
(Media Comment)
According to Finweek, the gap between the market capitalisations of Sanlam and Old Mutual have narrowed to such an extent that Sanlam could soon be more valuable than its old rival. Over the past twelve months Sanlam has lost R10 billion in value and now sits around R40 billion. However, Old Mutual, which was once valued at R120 billion, has seen its value fall to R44 billion. Nevertheless, if world markets recover quickly, it will spur Old Mutual's market value higher. In the mean time Sanlam can no longer be looked at as been much smaller than its rival.
03 Dec 2008 16:48:16
(Official Notice)
Maria Ramos has resigned as non-executive director from the boards of both Sanlam Limited and Sanlam Life Insurance Limited with effect from 2 December 2008. Ms Ramos' resignation from the above mentioned boards is as a result of her recent appointment, subject to regulatory approval, as Group Chief Executive of Absa Group Limited.
03 Dec 2008 16:13:09
(Official Notice)
01 Oct 2008 13:14:50
(Official Notice)
During 2007 and 2008 Sanlam entered into long-term incentive agreements with Sanlam executive directors and the company secretary (J van Zyl, JP Moller and JP Bester) in terms of which cash bonuses may become payable to them on set future dates, based on the value on those future dates of a predetermined number of Sanlam Ltd ordinary shares. The number of reference shares (1 132 834 in respect of J van Zyl, 403 613 in respect of JP Moller and 11 322 in respect of JP Bester) was calculated with reference to the market price of the Sanlam shares when the agreements were entered into (R22.08 in respect of the 2007 agreement and R18.65 in respect of the 2008 agreement). Entitlement to and payment of these bonuses is subject to the achievement of the performance hurdle that Sanlam's normalised return on its equity value per share must have exceeded its cost of capital for the period from the applicable agreement date until the date of payment of the bonus by pre-determined percentages. The shareholders of Sanlam approved the introduction of certain new employee incentive plans at its annual general meeting in June 2008. Following the approval of the new plans, the executive directors and company secretary have agreed to convert the current cash bonus arrangements into the new equity settled Performance Deferred Share Plan and Restricted Share Plan (with performance hurdles), based on the same number of shares (1 132 834 in respect of J van Zyl, 403 613 in respect of JP Moller and 11 322 in respect of JP Bester) and on the same terms and subject to the previously agreed performance hurdles. The existing agreements were accordingly amended on 1 October 2008.
16 Sep 2008 12:08:23
(Media Comment)
Business Day reported that Sanlam Investments has established a joint venture with Indian broking house SMC, at a cost of USD22.5 million. The joint venture in India will create a wealth management company and an asset management company. Division head, Johan van der Merwe said that this was the first step in its Indian investment strategy.
04 Sep 2008 09:09:04
(C)
Satisfactory trading results in the context of challenging local and international financial conditions.



Core earnings per share increased by 4% and core earnings of R1 913 million were 4% lower, following a 10% decrease in the net result from financial services and a 17% increase in net investment income.



Total new business volumes rose 2% to R51 billion, but if the volatile white label business is excluded, the increase was 4%.



Group Equity Value (GEV) per share amounted to R22.54 at 30 June 2008.



Dividend

No dividend has been declared as it is Sanlam's policy to only declare annual dividends.



Prospects

The challenging macro-economic and volatile financial market conditions are not expected to abate for the remainder of the year, and are likely to continue to impact on growth in the group's key operational performance indicators. Financial market volatility inevitably has a major impact on group earnings. Relative market movements for the remainder of 2008 may therefore have an impact on the level of group earnings to be reported for the full 2008 financial year. The group, however is confident that it has the required resources and depth in management and staff to successfully confront these challenges to continue on its growth trajectory into the future.
19 Aug 2008 16:04:11
(Official Notice)
Shareholders are referred to the Sanlam operational update released on SENS on 4 June 2008 that indicated the impact that adverse market conditions had on the group's earnings for the four months to April 2008, in particular on headline and normalised headline earnings. The extreme volatility in debt and equity markets, combined with the under performance of financial and industrial stocks, continued during May and June 2008. Notwithstanding this challenging business environment, the Sanlam group achieved satisfactory operating results for the six months to 30 June 2008. Core earnings per share are expected to be slightly up on the comparable period in 2007. The adverse performance of global equity and debt markets, however, had a negative effect on the investment return earned on shareholder funds relative to 2007, in particular given the group's underweight exposure to the stronger performing resources sector. Headline earnings per share for the six months to 30 June 2008 are consequently expected to decrease by between 20% and 25% on the corresponding period in 2007. Normalised headline earnings per share, which exclude certain IFRS related adjustments, are anticipated to be down between 55% and 60%. The information in this trading statement has not been reviewed or reported on by Sanlam's auditors. Sanlam's interim results for the six months to 30 June 2008 are due to be released on 4 September 2008.
14 Aug 2008 08:49:18
(Media Comment)
According to the Financial Mail, Sanlam has given investors double the return that its arch-rival Old Mutual plc ("Old Mutual") has. Since demutualisation in the late 1990s Sanlam's share price has risen from R6.00 to R18.60, beating the 40% increase in Old Mutual's share price, from R11.50 to R14.90. Among the reasons given for Sanlam's stronger performance are that Sanlam has proved to be much better at capital management. In addition, Risto Ketola, a consultant with Deutsche Securities, argues that Old Mutual has a great strategy which has been implemented poorly, whereas Sanlam has had a mediocre strategy which has been executed extremely well. Shareholders have also been more lenient towards Sanlam regarding failed overseas ventures, mainly because they were small operations.
05 Aug 2008 08:19:38
(Media Comment)
According to Business Report, Sanlam Investments was close to completing the purchase of a majority stake in an unnamed Indian investment management firm with a large distribution network in that country. The head of international investments at the division, Hendrik Pfaff, said the acquisition will be finalised in the next few weeks.
10 Jun 2008 08:11:06
(Media Comment)
According to Business Report, Sanlam's UK-based subsidiaries would now be housed under a single company known as Sanlam UK. The chief executive of Sanlam UK, Lukas van der Walt, commented that the consolidation "will position our group to further develop its relationships in a changing financial retail landscape in the UK".
05 Jun 2008 15:16:17
(Official Notice)
Shareholders are advised that all of the special and ordinary resolutions proposed in the notice to shareholders dated 10 March 2008, were passed by the requisite majority at the annual general meeting held on Wednesday, 4 June 2008. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
04 Jun 2008 14:03:30
(Official Notice)
24 Apr 2008 12:06:17
(Official Notice)
Sanlam announced the appointment of Ms Raisibe Morathi as an executive director on the board of Sanlam and Sanlam Life Insurance Ltd from 1 May 2008. She has been an independent non-executive director on these boards since 2006.
31 Mar 2008 18:59:38
(Official Notice)
Further to the publication of Sanlam's audited results for the year ended 31 December 2007 on 6 March 2008, shareholders are advised that its 2007 annual report, which incorporates the audited financial statements for that period, has been dispatched. The annual report contains no modifications to the audited results which were published on 6 March 2008. The annual report is also available on the Sanlam website www.sanlam.co.za. The annual general meeting of shareholders will be held on Wednesday, 4 June 2008 at 14:00 at the Sanlam head office in Bellville as set out in the annual general meeting notice. The notice accompanies the Sanlam 2007 annual report and is available on the website.
06 Mar 2008 10:12:39
(C)
Net income declined to R52.5 billion (R69.3 billion). Net operating result also declined, to R9.1 billion (R10.8 billion). In addition, profit attributable to ordinary shareholders for the period fell to R5.5 billion (R6.9 billion). Headline earnings on a per share decreased to 225.7cps (310.4cps).



Dividend

A final ordinary dividend of 93cps has been declared.



Annual general meeting

The annual general meeting will be held at Sanlam's head office 4 June 2008.



Prospects

A number of significant challenges started to emerge onto the South African investment horizon towards the end of last year and at the beginning of 2008. Together with the intense volatility that started to plague international financial markets, the threat of continuing rising interest rates, increasing inflation, and Eskom's power supply dilemma have started impacting on investor confidence as measured by the Sanlam Investment Management (SIM) Investor Confidence Index. Adding to the negative sentiment is the continued weakness in the US housing market and the potential of a US and European slowdown.



It is unlikely that Sanlam as a group would not be impacted by the current challenges in the investment environment. But Sanlam is confident that its strong focus on diversification will make a difference and assist performance in what will be a challenging year.
29 Feb 2008 10:44:15
(Official Notice)
Sanlam achieved sound operating results for the year to 31 December 2007, with satisfactory growth achieved in Core Earnings and new business volumes. Core Earnings per share and the Value of New Life insurance business for the year are both expected to be between 25% and 30% up on 2006. The audited results for the year ended 31 December 2007 are expected to be announced on 6 March 2008.
12 Feb 2008 09:09:09
(Official Notice)
Sanlam announced that it has acquired a majority interest in Principal Investment Holdings (Principal), a UK-based private client investment business. The transaction complements the existing private client business of Sanlam Private Investments (SPI). Principal manages approximately GBP1 billion (R15.1 billion) worth of assets on behalf of high net worth individuals, family trusts, charities and smaller corporate clients in the UK.
30 Jun 2006 11:38:03
(Official Notice)
Fitch Ratings has today affirmed Sanlam Life Insurance Ltd's ratings at National Insurer Financial Strength 'AA(zaf)' and National Long-term 'AA-(minus)(zaf)'. At the same time, Fitch affirmed Sanlam Ltd's, the parent of Sanlam Life and the ultimate holding company of the Sanlam group, National Long-term rating at 'A+(zaf)'. The Rating Outlook for all entities is revised to Positive from Stable.
13 Jun 2006 12:24:14
(Official Notice)
The board of Sanlam has undertaken a review of the group's major corporate governance structures, including those of the main and subsidiary boards and their committees. The review aims to streamline the decision-making processes as to increase the efficiency of the group at both the board and operational levels and to further promote corporate governance.
07 Jun 2006 15:04:57
(Official Notice)
At the annual general meeting of Sanlam shareholders approved all the proposed resolutions, including the special resolution authorising the directors to repurchase the company's shares. This special resolution will be registered with CIPRO in due course. Shareholders also elected Ian Plenderleith as an independent non-executive director of Sanlam to replace Dave Brink who retired at the AGM.
07 Jun 2006 14:58:59
(Official Notice)
SA individual life new business grew by 25% (new recurring premiums up 10% and single premiums up 27%) and the non-SA life business grew by 19%. This excludes the maiden contribution from the new entry-level businesses, which performed in line with expectations and contributed some 15% of new individual life inflows. Net positive funds flow for the period exceeded R10 billion with increased contributions from both the Life and Investment businesses, although, as anticipated, Group Life business still recorded negative flows. Headline earnings for the first four months benefited from the strong equity markets. Market movements towards the end of June 2006, in particular in comparison with the strong equity market performance in May and June 2005, may however have a material impact on the headline earnings and the level of growth to be reported for the six months to June 2006. The interim results for 2006 are due for release on 7 September 2006.
29 May 2006 10:16:23
(Official Notice)
In response to the recent media speculation around early stage discussions with GE on a possible acquisition of GE Life UK, Sanlam has confirmed that such discussions have been terminated.
23 May 2006 11:19:01
(Official Notice)
Sanlam today announced the appointment of Ian Kirk (48) as Chief Executive: Strategy and Special Projects for the Sanlam group. This is a new position on Sanlam's executive committee. Mr Kirk will assume his duties on 1 June 2006, initially being based at Sanlam's offices in Johannesburg.



Mr Kirk is the former Deputy CEO of the Liberty Group and prior to that, he was the CEO of Capital Alliance Holdings until it was acquired by the Liberty Group in 2004.



Johan van Zyl, Sanlam's Group Chief Executive, says that the creation of this new position follows the evolutionary progress of Sanlam's local and international strategic initiatives over the past three years.
11 May 2006 11:59:27
(Official Notice)
The Sanlam board has announced its intention to propose and recommend the election of Ian Plenderleith as an independent non-executive director of Sanlam, at its AGM to be held on 7 June 2006, to replace Dave Brink who had earlier indicated his intention to retire and not to make himself available for re- election to the Sanlam board.
26 Apr 2006 10:57:42
(Media Comment)
Business Day noted that the JSE had decided not to investigate a share dealing in which directors sold shares valued at R41 million. The sale was made prior to the group announcement that may have caused a decrease in its share price by 2.7%.
31 Mar 2006 16:45:24
(Official Notice)
Shareholders are referred to the note on Commitments and Contingencies in the 2005 and previous Sanlam Annual Financial Statements. The South African Revenue Services had issued revised income tax assessments in respect of the 1997, 1998 and 1999 tax years of a subsidiary of Genbel Securities Ltd (Gensec). In terms of the assessments surpluses arising from the disposal of certain assets were subjected to normal income tax as SARS contended that such surpluses were not of a capital nature. Gensec contested these assessments. A full and final settlement has now been reached on the above matter. The amount payable in terms of the settlement will be covered by an existing accounting provision.
15 Mar 2006 15:15:10
(Official Notice)
Sanlam has announced the appointment of the following four independent directors to fill casual vacancies on its board:



*Raisibe Morathi -an executive of the Industrial Development Corporation. She has been seconded from the IDC to the office of the Deputy President of South Africa as Economic Advisor and is also a member of the SA Institute of Chartered Accountants.



*Sipho Nkosi - chairperson of African Life Assurance Company Ltd, CEO of Eyesizwe Coal (Pty) Ltd and CEO designate of a new company to be formed following the proposed merger between Kumba Resources Ltd and Eyesizwe Coal.



*Lazarus Zim - currently chief executive of Anglo American SA Ltd. He is also a director of Kumba Resources Ltd, Mondi South Africa Ltd, AngloGold Ashanti Ltd, Anglo Platinum Ltd and Telkom SA Ltd.



*Anton Botha - former chief executive of Gensec Ltd, currently director of the JSE Ltd, Sanlam Capital Markets, University of Pretoria and Vukile Property Fund Ltd.



The four new directors will retire automatically at Sanlam's AGM on 7 June 2006 but are all available for re-election. David Brink, who has been a Sanlam board member since 1994, has indicated that he will retire at Sanlam's AGM on 7 June 2006.
09 Mar 2006 09:20:10
(C)
16 Feb 2006 12:38:08
(Official Notice)
Headline earnings per share for the 2005 financial year are estimated to be between 90% and 100% higher than in 2004. This expected full year performance is better than the approximately 80% increase for the ten months to October 2005 as reported in the trading update released on 7 December 2005, mainly due to improved operating results and the impact of the high level of South African equity markets in December 2005. Better life insurance risk underwriting results and performance fees earned on investment management results contributed to an improvement in the expected operating results. The indicated headline earnings for 2005 would be net of a provision to cover the estimated after tax cost to implement the agreement reached on enhanced life insurance policy termination benefits with National Treasury at the end of 2005. Headline Earnings for 2005 are for the first time based on International Financial Reporting Standards (the 2004 results have been restated accordingly). The 2005 interim results announcement set out the anticipated changes to accounting policies and practices. As a result of these changes, equity market movements during 2005 contributed significantly to the expected increase in headline earnings. The final results for 2005 are due to be released on 9 March 2006.





31 Jan 2006 10:02:08
(Official Notice)
Sanlam has introduced a 25% Black Economic Empowerment shareholder, Vukile BEEShareCo into Vukile Property Fund Ltd. BEEShareCo would invest R439 million. The proposed shareholders of Vukile BEEShareCo are

*the Buhlobo consortium with an agreed 40%;

*an additional BEE partner with 12% (in discussions);

*a broad based Participation Trust with 24%; and

*Sanlam would retain 24%.



In terms of the transaction, Sanlam Life agreed to sell 67.4 million of its Vukile linked units to BEEShareCo for 640c per unit in September 2005, a 2.5% discount to the then 30-day Volume Weighted Average Price (VWAP). The sale of the linked units reduces Sanlam Life's shareholding in Vukile to 33%.







20 Dec 2005 16:54:02
(Official Notice)
Ms Carmen Maynard has resigned as a non-executive director from the board of Sanlam Ltd. She was also a non-executive director on the Boards of Sanlam Life and Sanlam Investment Management.
14 Dec 2005 15:33:00
(Official Notice)
Sanlam today announced that it has acquired a majority interest in the Resolution Health Group for an undisclosed amount. The Resolution Health Group undertakes the administration and risk management of the Resolution Health medical scheme and manages the distribution and marketing of the scheme and its related products.



Resolution Health provides its clients with comprehensive solutions for their health- care needs, with competitive products and excellent service. In addition to its attractive medical scheme benefits, Resolution Health offers:

* the Reality wellness and loyalty programme, with discounts on health costs and loyalty points for amounts spent; as well as

* the Health Card, a Visa debit card for the purpose of health expenditure, in essence acting as a savings account.

The scheme officially started trading in April 2000 and has grown rapidly from 192 members to its current 34 000 principal members covering 90 000 total lives, with an income of more than R350 million at the end of the 2004 financial year.
14 Dec 2005 14:19:11
(Official Notice)
Sanlam shareholders are referred to the capital management announcement, dated 11 July 2005, the circular relating to a share repurchase, dated 18 August 2005, and the repurchases results announcement, dated 24 October 2005. Shareholders are reminded that Sanlam effected a share repurchase through three processes:

*a scheme of arrangement proposed by Sanlam between Sanlam and its ordinary shareholders other than the Sanlam Limited Share Incentive Trust, The Sanlam Demutualisation Trust, Ubuntu-Botho Investments (Pty) Ltd and Genbel Securities Ltd, ("scheme participants") for the purpose of repurchasing on a pro rata basis, 10% of the Sanlam ordinary shares held by scheme participants on Friday, 21 October 2005 for the scheme consideration of R12.00 per Sanlam share;

*a conditional offer by Sanlam to all Sanlam ordinary shareholders holding less than 300 Sanlam ordinary shares (after the implementation of the scheme) on Friday, 21 October 2005, to repurchase in terms of section 85 of the Act, 100% of their remaining shares at R13.67 per Sanlam share; and

*a share repurchase in the open market pursuant to a general authority granted to the board of directors by shareholders at the last annual general meeting ("the general repurchase").



Shares repurchased and transferred

Subsequent to the results announcement, Sanlam has repurchased a further 423 432 shares following the late receipts of acceptances pursuant to the offer from shareholders who, in Sanlam's opinion, had taken reasonable steps to communicate their acceptance of the offer by the closing date.

An additional 79 884 856 shares, representing 50 784 039 shares repurchased in terms of the general repurchase as well as 29 100 817 shares repurchased by wholly-owned subsidiaries of Sanlam (and held as treasury stock), pursuant to the general authority granted at the previous annual general meeting, have furthermore been transferred to Sanlam.



Cancellation and delisting of shares repurchased

The 80 308 288 shares so repurchased and transferred were cancelled and restored to the status of authorised, but unissued shares. The JSE has granted approval for the delisting of these shares with effect from the commencement of trading on the JSE on Thursday, 15 December 2005.



13 Dec 2005 08:24:57
(Official Notice)
Following media announcements from the Minister of Finance and the Life Offices Association (LOA) respectively, Sanlam announced its full support for the agreement reached between National Treasury and the LOA on the minimum standards for early termination values on long-term savings and investment products. Under the terms of the agreement, National Treasury will implement a number of changes in 2006 which will create more certainty for Life Assurers within the regulatory environment. The timetable for payment of the resulting enhanced early termination values has still to be finalised, but where applicable the enhanced values will be applied retrospectively for 5 years. The cost of the enhanced early termination values on Sanlam's existing business is estimated to amount to R600 million. The after tax cost of approximately R500 million, will be taken as a once-off direct charge through the Income Statement for the year ending 31 December 2005 and will reduce Headline Earnings by 20cps. Core earnings will not be impacted. This will also reduce Sanlam's Embedded Value by 21cps which is less than 1.5% of total Embedded Value. The CAR cover remains in excess of 3 times.



The agreement provides a sound and fair base for the future and Sanlam remains committed to enhancing its offering and value proposition to all its clients as we continue to pursue our strategic initiatives. Sanlam earlier this year already announced a new generation of products that satisfy the minimum standards now agreed to.
08 Dec 2005 08:24:25
(Official Notice)
30 Nov 2005 14:56:35
(Official Notice)
Sanlam announces the resignation of Mr Vusi Khanyile as non-executive and independent director on the boards of Sanlam and Sanlam Life with immediate effect. Mr Khanyile resigned because of his concern that his independence on the Sanlam boards may be compromised through the growing business relationships between Sanlam and Thebe Investment Corporation, of which he is the chairman. Sanlam has entered into an agreement through which it became a strategic partner in Thebe's financial services proposition by acquiring 55% of Safrican, Thebe's life insurance company. Through this transaction, part of Safrican's distribution activities was hived-off in a new entity, Thebe Community Financial Services, in which Sanlam also holds 30%.
30 Nov 2005 14:48:59
(2)
28 Nov 2005 13:39:59
(2)
25 Nov 2005 17:11:14
(2)
25 Oct 2005 12:28:34
(Media Comment)
Sanlam's R2.4 billion acquisition of Aflife had been approved by the Competition Tribunal. According to Business Day the completion of the R22.50 per share bid would be contingent on the sale of Aflife Health to Momentum by no later than 15 February 2005. Although its brand would be retained, Aflife would be delisted from the JSE to operate as a wholly owned subsidiary of Sanlam.
24 Oct 2005 15:46:29
(Official Notice)
Sanlam shareholders are referred to the capital management announcement, dated 11 July 2005, the circular, dated 18 August 2005, relating to a proposed share repurchase and the announcement relating to the Court sanctioning of the scheme and the voluntary offer becoming unconditional, dated 4 October 2005.



Results of the offer and settlement of the consideration

Tenders for the offer were received in respect of 2 883 411 Sanlam ordinary shares held by offer participants. All valid tenders in respect of the offer have been accepted in full. The offer consideration of R13.67 per share will be paid on or before Monday, 31 October 2005.



Results of the general repurchase

Since 8 September 2005 (the day following the end of the closed period) and up to 14 October 2005 (the last date to trade to participate in the scheme and offer), Sanlam has cumulatively repurchased a total of 25 344 586 ordinary shares in terms of the general repurchase, for a total consideration of R321 129 630 in the open market. These shares will be cancelled and restored to the status of authorised, but unissued shares.



During the same period Sanlam, through a wholly- owned subsidiary, has furthermore cumulatively repurchased 15 458 915 shares in terms of the general repurchase, for a total consideration of R205 646 304 in the open market. These shares will be held as treasury shares. The general repurchase has been funded from available cash resources and had no material effect on the earnings per share, headline earnings per share, net asset value per share, net tangible asset value per share or embedded value per share.



Cancellation and delisting of shares repurchased

Sanlam has consequently repurchased 278 654 075 shares in total in terms of the scheme, the offer and the general repurchase, being equivalent to 10.1% of its current issued ordinary share capital, which shares will forthwith be cancelled and restored to the status of authorised, but unissued shares. Application has been made to the JSE for the delisting of these shares with effect from the commencement of trading on the JSE on Wednesday, 26 October 2005.

04 Oct 2005 16:51:11
(Official Notice)
Further to the announcements dated 21 September 2005 and 26 September 2005 relating to the repurchase of shares from Sanlam shareholders, Sanlam shareholders are advised that the scheme of arrangement proposed by Sanlam between Sanlam and its ordinary shareholders, other than the Sanlam Ltd Share Incentive Trust, the Sanlam Demutualisation Trust, Ubuntu-Botho Investments (Pty) Ltd and Genbel Securities Ltd, ("scheme participants") for the purpose of repurchasing, on a pro rata basis, 10% of the Sanlam ordinary shares held by scheme participants on the scheme consideration record date, for the scheme consideration of R12 per Sanlam ordinary share was sanctioned by the High Court on Tuesday, 4 October 2005.



On registration of the Order of Court by the Registrar of Companies, which registration is expected to take place on Wednesday, 5 October 2005, the last condition to which the scheme and the voluntary offer to Sanlam ordinary shareholders holding less than 300 shares (after the implementation of the scheme), on the offer record date, to repurchase 100% of their remaining shares at R13.67 per Sanlam ordinary share, is subject, will have been fulfilled.



Remaining salient dates

The salient dates and times, announced on 26 September 2005, remain unchanged. The closing date of the voluntary offer is at 12:00 on Friday, 21 October 2005 and the operative date of the scheme is expected to be Monday, 24 October 2005. Sanlam will endeavour to effect payment as soon as possible after the operative date, but by no later than Monday, 31 October 2005.
28 Sep 2005 16:56:37
(Official Notice)
Sanlam has noted the Announcement Of Firm Intention To Make An Offer for all the issued ordinary shares in Sancino Projects Ltd ("Sancino"), and the Further Cautionary Announcement, issued by Cape Empowerment Trust Ltd ("CET") and dated 20 September 2005. In paragraph 4 of its Announcement, CET refers to "a transaction between CET and Sanlam Life Assurance Company Ltd (sic)", relating to the sale of "approximately 10% of the ordinary shares in Sancino". Sanlam wishes to record that, although discussions were held between representatives of Sanlam Life Insurance Ltd and CET, no agreement as to the sale of shares in Sancino was concluded between Sanlam Life Insurance Limited and CET.
26 Sep 2005 12:26:11
(Official Notice)
21 Sep 2005 17:54:48
(Official Notice)
At the general meeting of Sanlam shareholders held on Wednesday, 21 September 2005, the one ordinary and two special resolutions proposed (relating to the repurchase of Sanlam shares in terms of the scheme proposed by Sanlam between Sanlam and its ordinary shareholders, other than the Sanlam Ltd Share Incentive Trust, The Sanlam Demutualisation Trust, Ubuntu-Botho Investments (Pty) Ltd and Genbel Securities Ltd, (`scheme participants`), and the offer made by Sanlam to all Sanlam ordinary shareholders holding less than 300 Sanlam ordinary shares (after the implementation of the scheme) on the offer record date, to repurchase 100% of their remaining shares at R13.67 per Sanlam share) were provisionally passed, without modification, by a majority in number representing 87.9%, 84.7% and 87.3% respectively of the votes exercisable in terms of JSE regulations by Sanlam shareholders present and voting at the general meeting in person or by proxy.



Adjournment of meetings

Given the size of the Sanlam share register and the importance of the resolutions proposed at the general and scheme meetings, the respective chairpersons elected to request Sanlam`s joint auditors, Ernst - Young and PricewaterhouseCoopers, to verify the provisional results referred to above. The general and scheme meetings have accordingly been adjourned to Monday, 26 September 2005, at 10:00 (general meeting) and 10:30 (scheme meeting) (or immediately after the general meeting if later) to be held at Sanlam`s Head Office in Bellville, at which adjourned meetings the definitive results will be announced, and thereafter released on SENS.
19 Sep 2005 14:44:10
(Media Comment)
Disappointing sales and a lower net inflow of funds, due to customer dissatisfaction regarding life products, are causing Sanlam to transform itself into a more diverse financial services group. Business Times, in its 11 September 05 edition, noted that other investment products would provide customers with more options and flexibility and would form part of an international strategy that Sanlam plans to execute.

16 Sep 2005 10:35:16
(Official Notice)
08 Sep 2005 11:26:17
(2)
08 Sep 2005 09:39:10
(C)
18 Aug 2005 08:32:02
(Official Notice)
Shareholders will meet on 21 September 2005 for the purpose of considering and approving a scheme of arrangement proposed by Sanlam between Sanlam and its ordinary shareholders, other than the Sanlam Share Incentive Trust, the Sanlam Demutualisation Trust, Ubuntu-Botho Investments (Pty) Ltd and Genbel Securities Ltd. The basic characteristic of the scheme is that, upon implementation, Sanlam will repurchase 10% of each scheme participant`s Sanlam ordinary shares and the scheme participants will receive a cash consideration of R12.00 for each ordinary share in Sanlam repurchased by Sanlam pursuant to the scheme, being the volume-weighted average of the market price of the ordinary shares of Sanlam traded on the JSE for the five business days immediately preceding Thursday, 7 July 2005, being the date before the day on which the Sanlam board, acting through its duly authorised sub-committee, approved the price at which the scheme is proposed, plus a premium of 20cps.
11 Aug 2005 16:09:28
(Official Notice)
Sanlam announced today that it has concluded an agreement to acquire a majority interest (50% plus one share) in Channel Life (Channel), a niche life insurance business focused on the entry-level market (ELM) in South Africa. Sanlam will purchase its majority stake from current majority shareholder PSG Group and empowerment partner, Arch Equity. PSG will retain 35% of Channel and Arch Equity will remain an indirect shareholder in Channel Life via its shareholding in the PSG Group. The remainder of the shares are held by management and other minorities. A value of R230 million has been put on Channel for purposes of the transaction. Sanlam will fund its investment of about R116.5 million by means of cash and in two tranches. The first tranche of R106.2 million, will be paid on finalisation of the transaction and the second tranche, R10.3 million, after 31 July 2006, subject to the value of new business generated by Channel Life for the period 1 August 2005 to 31 July 2006 being above certain agreed thresholds. The agreement is subject to the fulfilment of certain suspensive conditions that relate mainly to obtaining regulatory approvals by 31 October 2005 as well as the approval of the SRP.



In terms of the proposed transaction:

*Channel will retain its own brand, market positioning and operational independence.

*Sanlam will reverse its 55% interest in Safrican into Channel. CEO of Safrican, Nthabiseng Mmatli, will remain in that position.

*Channel products will be sold through the Sanlam distribution network.



10 Aug 2005 09:50:47
(Official Notice)
04 Aug 2005 13:26:28
(Official Notice)
The group`s operating performance is expected to be substantially in line with that reported in the Financial Update released on 1 June 2005. Group operating profit net of tax and minority shareholders` interests for the six-month period to 30 June 2005 is expected to be between 10% and 20% higher than for the comparable period in 2004. Recently introduced accounting practice changes, as set out in the Financial Review in Sanlam`s 2004 Annual Report, require Sanlam to account for its 2005 Headline Earnings in terms of International Financial Reporting Standards (IFRS). Sanlam`s 2004 results will be restated accordingly. The Financial Review in the 2004 Sanlam Annual Report set out the anticipated changes to the reported results (refer to the note below). As a result of these changes to accounting policies and practices, market movements will have a material impact on Sanlam`s Headline Earnings and shareholders need to be aware of the potential volatility in reported earnings. Equity market movements during the interim period to June 2005 contributed significantly to an increase in Headline Earnings. As a result, Headline Earnings per share and Earnings per share for the interim period are expected to be between 80% and 100% higher than the corresponding period in 2004, predominantly due to the inclusion of realised and unrealised investment surpluses, as well as an increase in investment income. Shareholders are advised that the results referred to in this trading statement have not been reviewed or reported on by Sanlam`s auditors. The interim results will be released on 9 September 2005.
26 Jul 2005 16:47:37
(Official Notice)
Sanlam shareholders are referred to the SENS announcement on 9 May 2005 as well as the Sanlam circular to shareholders dated 19 May 2005 regarding the disposal of all or the majority of Sanlam`s shareholding in Absa Group Ltd (`Absa`). Sanlam shareholders are advised that the closing date of the Barclays Bank PLC (`Barclays`) offer was Monday, 25 July 2005. In terms of the Barclays acquisition, Sanlam shareholders are advised that Sanlam has disposed of all of its beneficial holding of 124.3m Absa ordinary shares in shareholders` funds. The total consideration to be received is therefore R10.3bn.



Shareholders are further referred to Sanlam`s capital management announcement released on SENS on 11 July 2005. Sanlam announced that it currently holds capital of approximately R7bn in excess of its requirements and that the disposal of its Absa shareholding provides certainty on the liquidity required to proceed with the utilisation of surplus capital within the group as announced.

11 Jul 2005 14:19:35
(Official Notice)
09 Jun 2005 11:20:19
(Official Notice)
Shareholders of Sanlam are referred to the announcement dated 9 May 2005, and to the circular to Sanlam shareholders dated 19 May 2005 regarding the disposal of the majority of or all of Sanlam`s beneficial shareholding of approximately 19% in Absa Group Ltd at a price of R82.50 per Absa share. At a general meeting of Sanlam shareholders held on 9 June 2005 the ordinary resolutions tabled at the meeting to give effect to the disposal were both approved by 99.17% of the Sanlam shareholders present or represented at the meeting.
08 Jun 2005 09:48:33
(Media Comment)
Commenting on the decision by Momentum to dispose of its 33.4% shareholding in Aflife, Business Report noted that Sanlam may be interested in purchasing the stake to raise its holding in Aflife to 61.8%.
22-Mar-2017
(X)
Sanlam is a leading financial services group in South Africa with its head office in Bellville.



Established in 1918, the group demutualised in 1998 and Sanlam Ltd. then listed on the JSE Ltd. in Johannesburg and the Namibian Stock Exchange.



The Sanlam group conducts its business through Sanlam Ltd., the corporate head office and five business clusters. The corporate head office is responsible for the group's centralised functions such as strategic direction, financial and risk management, marketing and communications, group human resources and corporate social investment.



The Sanlam Personal Finance (SPF) cluster is responsible for Sanlam's retail business in South Africa. It provides clients across all market segments (entry-level, middle and affluent) with a comprehensive range of appropriate and competitive financial solutions. Designed to facilitate long-term wealth creation, protection and niche financing, these solutions are engineered around client needs. The SPF cluster consists of Sanlam Sky Solutions, Sanlam Individual Life and Segment Solutions; and Glacier.



The Sanlam Emerging Markets (SEM) cluster is responsible for Sanlam's financial services offering in emerging markets outside South Africa with the aim of ensuring sustainable delivery and growth across the various businesses that make up this cluster.



The Sanlam Investments cluster provides individual and institutional clients in South Africa, the UK and elsewhere in Europe, the United States and Australia access to a comprehensive range of specialised investment and risk management expertise.



The General Insurance cluster, Santam, is the leading general insurer in South Africa with a market share of 23%. Santam specialises in general insurance products for a diversified market in South Africa and, in collaboration with Sanlam Emerging Markets, elsewhere in Africa and India. These products are offered through broker networks and direct sales channels and include personal, commercial, agricultural and specialised insurance products.



Sanlam Corporate is a newly formed business, targeting chosen corporate clients and offering financial solutions underpinned by Employee Benefits (providing risk and investment solutions and administration services to institutions and retirement funds), Health solutions and products and Institutional offerings.


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