FirstRand Bank Ownership
FirstRand is listed on the Johannesburg Stock Exchange and Namibian Stock Exchange. Its major shareholders include:
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | RMB Holdings | 34.1 |
2 | Remgro | 3.9 |
3 | FirstRand’s BEE partners | 5.2 |
4 | Institutional and Private Investors on the JSE Limited | 56.8 |
Total | 100.00 |
1→ RMB Holdings large shareholders include Directors and management of RMBH with 10.4%, Remgro with 28.2% shareholding in RMBH and Royal Bafokeng Holdings with a 15% stake in RMBH.
2→ Based on its direct and indirect shareholding in FirstRand, Remgro’s effective control of the group is 13.36%