Market listings and other information
The principal market for Exxaro Resources Limited
is the JSE. As a constituent of the All Share Top 40
index (ALSI 40 index), Exxaro shares trade through
the STRATE system.
STRATE is the authorised central securities depositary
(CSD) for equities in South Africa that incorporates
an electronic settlement system. STRATE achieves secure,
electronic settlement of share transactions on the JSE
and for off-market trades. Shares in companies listed
on the JSE can no longer be bought or sold unless they
have been dematerialised on to the STRATE system. This
process involves submitting paper share certificates
to a custodian bank or JSE member firm (broker) for conversion
into an electronic record, an exercise referred to as
dematerialisation.
The introduction of the Johannesburg Equity Trading
(JET) system a few years ago highlighted deficiencies
in the JSE’s paper-based settlement system. Shares
were no longer traded on a trading floor, and this contributed
to a massive leap in the number of trades each day. Back-office
support services were incapable of handling this increase
in daily transactions efficiently in a paper-based environment.
The transition to an efficient settlement system has
increased market activity and will certainly improve
the international perception of the South African market
by reducing settlement and operational risk in the market,
increasing efficiency and ultimately reducing costs.
Accordingly, by heightening investor appeal, STRATE enables
South Africa to compete effectively with other international
markets, and not just those of emerging countries. For
additional information please refer to the STRATE website: www.strate.co.za
Closing JSE share prices are published in most national
and regional SA newspapers and are available during the
day on the Exxaro and other websites. Share prices are
also available on I-Net Bridge, Reuters and Bloomberg.
Exxaro has an over-the-counter (OTC) sponsored American
depositary receipt (ADR) facility with the Bank of New
York (BoNY) under a deposit agreement. For additional
information please refer to the BoNY website: www.adrbony.com
ADR holders
ADR holders may instruct BoNY on how shares represented
by their ADRs should be voted. Registered holders of
ADRs will have annual and interim reports mailed to them
at their recorded address. Brokers or financial institutions
that hold ADRs for shareholder clients are responsible
for forwarding shareholder information to their clients
and will be provided with copies of annual and interim
reports for this purpose.
Dividend determination
Dividends are determined in South African rand (ZAR)
and are declared payable in the same currency by the
group. ADR shareholders are paid in US dollars by the
group’s ADR bank, BoNY. BoNY effects the conversion
of ZAR-determined dividends in US dollars on behalf of
its US ADR shareholders. Contact Computershare or BoNY
for further details.
Shareholder communication
General shareholder
enquiries
Computershare is the registrar for Exxaro. All general
enquiries and correspondence concerning shareholders
(other than shares held in ADR form) should be directed
to the registrar. Computershare’s contact details
are on the inside back cover. Shareholders must notify
Computershare promptly in writing of any change of address.
All enquiries concerning shares held in ADR form should
be directed to BoNY, whose contact details are given
on the inside back cover or visit its website at:
www.adrbony.com
Shareholders can obtain details about their own shareholding
on the internet. Full details, including how to gain
secure access to this personalised enquiry facility,
are provided on the Computershare website: www.computershare.com
Publication of financial
statements
Shareholders wishing to view the annual report and/or
interim report in electronic rather than paper form can
access it on the Exxaro website:www.exxaro.com
Shareholder information |
