Wrap Text
SABZK – Release of Annual Report including Audited Financial Statements for 31 December 2025 and Notice of AGM
SAB Zenzele Kabili Holdings (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2019/616052/06)
JSE share code: SZK
ISIN: ZAE000284196
LEI: 378900429C4F73B1BE74
("SABZK" or the "Company")
SABZK – RELEASE OF ANNUAL REPORT INCLUDING AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31
DECEMBER 2025 AND NOTICE OF ANNUAL GENERAL MEETING
Shareholders are advised that the annual report for the year ended 31 December 2025, is available to
shareholders today, Thursday, 26 March 2026.
The annual report incorporating the audited annual financial statements for the year ended 31 December 2024
("annual financial statements") and the notice of annual general meeting is available at
https://sabzenzelekabili.co.za/index.php/reports/, the JSE Limited cloudlink
https://senspdf.jse.co.za/documents/2026/jse/issa/szka/FY2025.pdf
and is available for inspection at SABZK's registered address at c/o The South African Breweries (Pty) Ltd, 65
Park Lane, Sandown. In addition, SABZK shareholders are advised that the unqualified report of the independent
auditors, PricewaterhouseCoopers Inc., is included in the annual financial statements. This announcement,
which has been prepared in compliance with the JSE Limited Listings Requirements, is the responsibility of the
directors of SABZK and has not been reviewed or reported on by SABZK's external auditors. Any investment
decisions should be based on the annual financial statements as the information in this announcement does not
provide all of the details.
Profit increased from a loss of R1,5 billion for the year ended 31 December 2024 to a profit of R403 million for
the year ended 31 December 2025, an increase of greater than 120%.
Earnings per share and headline earnings per share increased from a loss of 3,717 cents per share for the year
ended 31 December 2024 to a profit of 993 cents per share for the year ended 31 December 2025, an increase
of greater than 120% per share.
The special dividend increased by 32% from 31 cents per share for the year ended 31 December 2024 to 41 cents
per share for the year ended 31 December 2025.
In addition, the net asset value per share increased by 34% from 2,826 cents per share for the year ended 31
December 2024 to 3,778 cents per share for the year ended 31 December 2025.
The annual report incorporates the notice of the annual general meeting which will be a hybrid meeting held at
Grace Bible Church, 1478 Dlebelendlovu Street, Pimville Zone 1, Pimville, 1809 and electronically at
http://bit.ly/3Py2yrs on 5 May 2026 at 11:00 (SA time).
ISSUER NAME SAB ZENZELE KABILI HOLDINGS (RF) LIMITED
TYPE OF INSTRUMENT Ordinary Shares
ISIN NUMBER ZAE000284196
JSE CODE SZK
MEETING TYPE Annual General Meeting
Grace Bible Church, 1478 Dlebelendlovu Street, Pimville Zone
1, Pimville, 1809; and
MEETING VENUE Electronically at: http://bit.ly/3Py2yrs
RECORD DATE – to determine which
shareholders are entitled to receive the
Notice of meeting Friday, 20 March 2026
PUBLICATION/POSTING DATE Thursday, 26 March 2026
LAST DATE TO TRADE – Last day to trade to
determine eligible shareholders that may
attend, speak and vote at the Meeting Tuesday, 21 April 2026
RECORD DATE - Record date to determine
eligible shareholders that may attend,
speak and vote at the Meeting Friday, 24 April 2026
MEETING DEADLINE DATE (For
administrative purposes, forms of proxy
for the meeting to be lodged) 11:00 on Thursday, 30 April 2026
MEETING DATE 11:00 on Tuesday, 5 May 2026
PUBLICATION OF RESULTS Wednesday, 6 May 2026
WEB SITE LINK https://www.sabzenzelekabili.co.za
No share certificates may be dematerialised or rematerialised between Wednesday, 22 April 2026 and Friday,
24 April 2026, both days inclusive.
Fit and proper assessments including independent verifications of qualifications, were conducted on all directors
standing for re-appointment, as at the date of original appointment in the case of Mr Ernest Kwinda and as at
23 March 2026 in the case of Mr William Mogase. The Board is satisfied with the outcomes of such assessments.
Johannesburg
26 March 2026
JSE Sponsor:
Tamela Holdings Proprietary Limited
Date: 26-03-2026 08:00:00
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