Executive: Corporate & Investor Relations
Telephone: +27 11 411 2037
Fax: +27 86 614 0999
Mobile: +27 82 888 1242
E-mail: marian@harmony.co.za
Investor Relations Officer
Telephone: +27 11 411 2314
Fax: +27 11 692 3879
Mobile: +27 82 759 1775
E-mail: henrika@harmony.co.za
The Annual Report 2010 is available in electronic format on the corporate website at www.harmony.co.za and may also be requested in printed format from Harmony’s Investor Relations contact above. This year, the Sustainable Development Report 2010 is available as a fully fledged online report.
In addition, Harmony has produced the Form 20-F, an annual report that the company is required to file with the United States’ Securities and Exchange Commission in accordance with its listing on the NYSE. Electronic copies of this will be available from the end of October 2010 free of charge on EDGAR at www.sec.gov and on our corporate website: www.harmony.co.za.
Harmony’s primary listing is on the JSE Limited. The company’s shares are also listed on the London Stock Exchange. They are also quoted in the form of American Depositary Receipts (ADRs) on the New York Stock Exchange and as International Depositary Receipts (IDRs) on the Brussels and Berlin exchanges.
Harmony’s quoted share codes on these exchanges are as follows:
JSE Limited | HAR |
NYSE Euronext | HMY |
London Stock Exchange | HRM |
Euronext Brussels | HMY |
Berlin Stock Exchange | HAM1 |
Sector | Resources | |
Sub-sector | Gold | |
Nature of business | Harmony Gold Mining Company Limited and its subsidiaries are engaged in underground and open-pit gold mining, exploration and related activities in South Africa and Papua New Guinea. | |
Issued share capital as at 30 June 2010 | 428 654 779 shares in issue | |
Market capitalisation | ||
at 30 June 2010 | R34.9 billion or US$4.5 billion | |
at 30 June 2009 | R34.1 billion or US$4.4 billion | |
Share price statistics – FY10 | ||
JSE: | 12-month high | R87.51 |
12-month low | R68.65 | |
Closing price | R81.40 | |
NYSE: | 12-month high | $11.98 |
12-month low | US$8.50 | |
Closing price | US$10.57 | |
Free float | 100% | |
ADR ratio | 1:1 | |
Performance on JSE in FY10 | ||
Number of shares traded (millions) | 463.8 | |
Total issued shares | 428 654 779 | |
Value of shares traded | R35.7 billion | |
ADR performance in FY10 | ||
Number of ADRs traded (millions) | 852 | |
Total number of ADRs outstanding (millions) | 120.9 | |
Value of ADRs traded | $8.6 billion |
Number of shareholders | % of shareholders | Number of issued shares held | % of issued shared held | |
---|---|---|---|---|
Public | 13 471 | 99.98 | 364 863 934 | 85.12 |
Non-public | 3 | 0.02 | 63 790 845 | 14.88 |
Holdings exceeding 10% | 1 | 0.01 | 63 632 922 | 14.85 |
Directors | 1 | 0.01 | 101 303* | 0.02 |
Long-term share incentive scheme | 1 | 0.01 | 56 620 | 0.01 |
Totals | 13 474 | 100.00 | 428 654 779 | 100.00 |
* Held by AJ Wilkens
As at 30 June 2010, a total of 428 654 779 shares in issue were outstanding. The largest shareholder was ARM Limited which had a holding of 14.6% (63 632 922 shares). The largest institutional shareholder was Allan Gray Unit Trust Management Limited with a holding of 12.9% (56 483 026 shares).
Our South African shareholder base increased from 42% to 45.5% for the year ended 30 June 2010. The combined institutional and retail ownership in the United States totalled 26.4% (30 June 2009: 34%) of Harmony's issued share capital. Shareholders in the United Kingdom accounted for 17.9% of shares in issue and the rest of Europe 8.5% in all.
Rank | Current Institution | Number of shares held | % of total shares issued |
---|---|---|---|
1 | ARM Ltd | 63 632 922 | 14.57 |
2 | Allan Gray Unit Trust Management Ltd. | 56 483 026 | 12.94 |
3 | Blackrock Investment Management (UK) Ltd. | 41 346 382 | 9.47 |
4 | Public Investment Corp. of South Africa | 27 707 406 | 6.35 |
5 | First Eagle Investment Management LLC | 21 328 558 | 4.88 |
6 | Van Eck Global | 16 948 791 | 3.88 |
7 | Investec Asset Management Pty Ltd. (South Africa) | 12 080 147 | 2.77 |
8 | Barclays Capital Securities Ltd Prime Brokerage account | 11 792 477 | 2.70 |
9 | Dimensional Fund Advisors, Inc. | 10 068 045 | 2.31 |
10 | Fidelity Management & Research | 9 546 125 | 2.19 |
11 | Euroclear (French listing) | 8 855 159 | 2.03 |
12 | BlackRock Global Investors | 8 770 293 | 2.01 |
13 | Retail Brokers (ADR) | 8 188 968 | 1.88 |
14 | Soges Fiducem (IDRs) | 6 697 193 | 1.53 |
15 | FIL Investments International | 6 319 189 | 1.45 |
16 | Vanguard Group, Inc. | 6 190 888 | 1.42 |
17 | Old Mutual Investment Group South Africa Pty Ltd. | 6 056 302 | 1.39 |
18 | Emerging Markets Management LLC | 5 266 414 | 1.21 |
19 | Regarding Capital Management (Pty) Ltd. | 4 803 798 | 1.10 |
20 | Government of Singapore Investment Corp. Pte Ltd. (Invt Mgmt) | 4 661 284 | 1.07 |
Shares held | Number of shareholders | % of shareholders | Number of shares held | % of issued share capital |
---|---|---|---|---|
1 to 10 000 | 12 770 | 94.8 | 5 854 808 | 1.4 |
10 001 to 100 000 | 445 | 3.3 | 17 728 563 | 4.1 |
100 001 to 1 000 000 | 215 | 1.6 | 58 832 922 | 13.7 |
1 000 001 and more | 44 | 0.3 | 346 238 486 | 80.8 |
Total | 13 474 | 100.0 | 428 654 779 | 100.0 |
FY10 | FY09 | FY08 | FY07 | FY06 | |
---|---|---|---|---|---|
As at 30 June: (R/share) | 81.40 | 80.00 | 95.00 | 100.27 | 114.10 |
Year high (R/share) | 87.51 | 129.50 | 115.00 | 123.00 | 117.05 |
Year low (R/share) | 68.65 | 54.99 | 61.75 | 86.10 | 46.62 |
Number of ordinary shares issued (000) | 428 654 | 425 987 | 403 253 | 398 113 | 396 934 |
Volume of shares traded (000) | 463 826 | 571 839 | 367 286 | 323 417 | 351 555 |
Volume of shares traded as % of total issued shares | 108 | 134 | 91 | 81 | 89 |
Financial year-end | 30 June |
Annual financial statements issued | 25 October 2010 |
Form 20-F issued | 25 October 2010 |
Annual general meeting | 1 December 2010 |
Dividend dates: | |
Dividend declared | 13 August 2010 |
Quarterly results presentations FY11: | |
Quarter 1 | 1 November 2010 |
Quarter 2 | 7 February 2011 |
Quarter 3 | 9 May 2011 |
Quarter 4 | 15 August 2011 |
HARMONY ANNUAL REPORT 2010