Our shareholders
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Sun International has a diversified shareholder base comprising long‑term institutional investors and individual shareholders, reflecting confidence in the group’s strategy and disciplined approach to capital allocation.
Shareholder base
Sun International’s shares are listed on the Johannesburg Stock Exchange (JSE), with a secondary listing on A2X Markets. The group has a broad and diversified shareholder base that includes South African and international institutional investors, together with individual shareholders. No single shareholder holds a controlling interest in the group.
A portion of the share register is held through nominees and custodians, which is standard practice for listed companies and reflects underlying beneficial ownership.
Major shareholders
Sun International has a shareholder base that includes a number of significant long‑term institutional shareholders, alongside broader institutional and individual investor participation.
As at the date reflected below, the company’s issued share capital includes a cornerstone shareholder and other major institutional investors. No single shareholder holds a controlling interest in Sun International.
The information presented below is based on publicly disclosed shareholdings. In accordance with the JSE Listings Requirements, changes in significant shareholdings are disclosed through regulatory announcements.
Our largest shareholders
In line with the JSE Listings Requirements and South African disclosure obligations, Sun International provides information on significant shareholders through its regulatory disclosures.
Data collected by third party, authorised by Sun International, 31 December 2025.
| Shareholders | Ownership in % | Number of shares |
|---|---|---|
| Value Capital Partners Pty Ltd | 26.44% | 67 601 634 |
| Allan Gray Proprietary Limited | 14.66% | 37 489 930 |
| PSG Asset Management (Pty) Ltd | 8.07% | 20 633 727 |
| Abax Investments (Pty) Limited | 5.32% | 13 604 093 |
Shareholder composition (by issued capital)
Percentages are indicative and may change over time, and certain shareholdings are held through nominees and custodians. The Share Plan comprises shareholder‑approved incentive shares subject to vesting conditions and held on behalf of participants, while shares held by directors, prescribed officers and associates represent direct beneficial ownership.
Shareholders and capital allocation
Delivering sustainable shareholder returns is a core objective of Sun International’s strategy. To maximise shareholder value, the group prioritises increasing free cash flow and applies a disciplined capital allocation framework, balancing reinvestment in the business, balance‑sheet strength and returns to shareholders through cash dividends.
Dividends form a meaningful component of total shareholder return alongside share‑price performance, consistent with the group’s long‑term value creation approach.
Engagement with shareholders
Sun International maintains open and constructive engagement with shareholders and the broader investment community through results presentations, investor meetings, conferences and the Annual General Meeting (AGM).
Feedback from shareholders is considered by the board and management as part of ongoing strategy, governance and capital allocation reviews.
Transparency and disclosure
Sun International complies with all applicable JSE Listings Requirements and Companies Act disclosure obligations, including the timely release of material information, financial results and dividend declarations via SENS. Additional information on share capital, dividends and regulatory announcements is available in the Share information section of this website.
