Zeder Investments Limited · JSE:ZED
Zeder Investments — Shareholder Meeting (July 2023)
8 slides from Zeder Investments's shareholder meeting presentation, Jul 26, 2023
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING PRESENTED BY: JOHANN LE ROUX DATE: 26 JULY 2023 1
Slide 2: Agenda
AGENDA • Social and ethics feedback • Post balance sheet events • Sum-of-the-parts update • Strategy • Questions – Q&A tab 2
Slide 3: Social and Ethics Feedback
SOCIAL AND ETHICS FEEDBACK Zeder implements its monitoring and adherence to Social and Ethics obligations through conscious and deliberate participation at investee company level while aligning and monitoring at holding company level. ─ Zeder’s social and ethics (page 48) and governance (page 12) re
Slide 4: Social and Ethics Feedback (Examples)
SOCIAL AND ETHICS FEEDBACK (EXAMPLES) While it is impossible to record each “social and ethical” initiative across the group, below are examples referenced to illustrate our actions and intentions. Education Education Skills Skills Development Development Sustainability Sustainability Community Comm
Slide 5: Post Balance Sheet Events
POST BALANCE SHEET EVENTS • R100m bridge loan to Zaad • Increased equity interest in May Seed to 42% • Further special dividend declared • 5c per Zeder share (R77m) • Subject to SARB approval, anticipated payment during August • Further special dividends to be considered at October board meeting, gi
Slide 6: Sum-of-the-Parts Update
SUM-OF-THE-PARTS UPDATE Minimal change in the SOTP value per share from 28 February 2023. Zeder has a healthy cash balance and no debt. Only movement relate mainly to cash/other assets/(liabilities) relating to R100m bridge loan to Zaad. Focus on cost management. 28 Feb 2023 18 Jul 2023 Interest Sha
Slide 7: Strategy
STRATEGY • Zeder’s objective remains to maximise shareholder wealth • How did we do during the 2023 financial year? ─ Grow the investee portfolio companies ─ Recurring headline earnings growth at our portfolio companies for their respective financial year ends (Zaad as at 30 June 2022 and Capespan a
Slide 8: Thank you
Thank you Awaiting image… WE ARE BASED IN STELLENBOSCH, WESTERN CAPE, SOUTH AFRICA. PHYSICAL ADDRESS POSTAL ADDRESS 2ND FLOOR, OU KOLLEGE PO BOX 7403 35 KERK STREET STELLENBOSCH STELLENBOSCH 7599 7600 TEL: 021 831 9559 FOR FURTHER INFORMATION, PLEASE CONTACT US AT INFO@ZEDER.CO.ZA