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SYGNIA LIMITED - Quarterly update: Assets under management and administration

Release Date: 11/07/2016 10:25
Code(s): SYG     PDF:  
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Quarterly update: Assets under management and administration

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2007/025416/06
ISIN: ZAE000208815
Share Code: SYG
(‘Sygnia Limited’ or ‘the Company’)


QUARTERLY UPDATE: ASSETS UNDER MANAGEMENT AND ADMINISTRATION

Shareholders are advised that Sygnia Limited’s total assets under management and administration as at 30 June 2016 were
R154 billion (31 December 2015: R146 billion, 30 September 2015: R137 billion).

The retail assets under management represented R10.9 billion of the total (31 December 2015: R9.3 billion, 30 September
2015: R8.8 billion), while the institutional assets under management and administration amounted to R143 billion (31
December 2015: R136 billion, 30 September 2015: R128 billion).

The total assets as at 30 June 2016 include assets associated with the acquisition of Gallet Group Employee Benefits
Proprietary Limited (‘Gallet’) which became effective in May 2016. Gallet had R4.9 billion in assets under administration as at
30 June 2016, of which R1.2 billion were under Sygnia’s management at the time of the acquisition and hence were included in
the previously reported assets under management and administration figures. The acquisition thus added R3.7 billion to
Sygnia’s reported assets.

Cape Town
11 July 2016

Sponsor
Nedbank Corporate and Investment Banking




SYGNIA LIMITED Registration No. 2007/025416/06

CAPE TOWN: 7th Floor | The Foundry | Cardiff Street | Green Point | Cape Town | 8001
Tel: +27 21 446 4940 | Fax: 0866 808 045 | info@sygnia.co.za | www.sygnia.co.za
JOHANNESBURG Unit 40 | 6th Floor | Katherine and West Building | West Street | Sandton | 2196
Tel: +27 10 595 0550 | Fax: 0862 065 173
info@sygnia.co.za | www.sygnia.co.za

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