The Namibian Scholars' Investment Challenge (NSIC) will resume in 2021 only. Thanks for your understanding. For further queries, kindly contact Johene at info@nsx.com.na.

In the meantime, prepare yourself to be ready and read all necessary information under the menu NSIC.

 

tsTS Background

Transfer Secretaries (Pty) Ltd is the transfer secretaries to the majority of the Namibian companies listed on the NSX and other unlisted entities. The company is a wholly owned subsidiary of the NSX. TS also provide services to the Dual listed companies registered on the NSX as a receiving office.

 

Operations

Operations of TS include the updating of the registers as in address changes, banking details, FIA requirements. If you are a shareholder in any of the listed companies on the Stock Exchange, please refer to the dropdown links for updates and/or enquiries.

 

Transfer Secretary Service – Companies:

Agra Limited, Alpha Namibia Industries Renewable Power Ltd, B2Gold, Bidvest Namibia Ltd, Bravura Holdings Ltd, Capricorn Investment Group Ltd, Development Bank of Namibia Ltd, FirstRand Namibia Ltd, First National Bank (FNBJ21, FBNJ27, FNBX21, FBNX27), Gondwana, Letshego Holdings (Namibia) Ltd, Namibia Asset Management Ltd, Namib Mills (NM23), Namibia Breweries Ltd, Namwater (NWC20, NWC22), Nedbank Namibia Ltd, Oryx Properties Ltd and ORYJ22, Paratus Namibian Holdings Ltd, SBN Holdings Ltd, Stimulus Investments Ltd, Tadvest, Trustco Group Holdings Ltd

 

Receiving Office Service – Companies:

African Oxygen, Anglo American Plc, Astoria, Barloworld, Firstrand Ltd, Investec Ltd, Momentum Metropolitan Holdings, Nedbank Group Ltd, Oceana group Ltd, Santam Ltd, Shoprite Holdings Ltd, Standard Bank Group, Truwoths Ltd, Vukile Property Fund Ltd, 1investPalladium ETF,Mediclinic International Plc, NewFunds S&P Namibia Bond ETF, Newgold Issuer Ltd NM, Newgold Palladium, Newgold Platinum, PSG Konsult Ltd, Satrix MSCI EMG Markets NM, Satrix MSCI World Feeder NM, Satrix Nasdaq 100 Prtf NM, Satrix S&P 500 Feeder NM, IFC21

Old Mutual Ltd

1. Current projects

2. FIA / Other requirement (updating of database)

3. Forms for completion

4. Selling / Buying shares procedures

Sanlam Ltd

Sanlam Share Account – Call to Sanlam shareholders to update their personal details

Background:

With Sanlam’s demutualisation in 1998 all qualifying policy owners received free shares. As part of the validation process, each shareholder's information was verified to confirm ownership of the shares, and share certificates were only issued upon request. 

The shares of individuals and private companies and entities are held in the nominee company, Sanlam Share Account.  Since demutualisation, we have lost contact with a large number of shareholders as a result of their registered address and/or contact details becoming unknown, which has resulted in Sanlam not being able to deliver their share proceeds and/or unclaimed dividends due to them. Since 2013 Sanlam has elected to pay dividends and other payments only by way of electronic fund transfer resulting in dividends remaining unpaid due to shareholders details not being known.

Our demutualisation prospectus advised of the requirements that shareholders had to meet and to keep their personal particulars up to date.  Where these requirements were not met, Sanlam can now follow a prescribed process and write back the shares. This process has been repeatedly communicated to shareholders in brochures.

Since 2001 we have undertaken various projects to keep clients' records up to date, unfortunately without much success. Costs to the company for the various internal projects, which included, among other things, a full-time call center at Sanlam's Shareholder Service from 2001 to 2011, together with annual external tracing exercises with credit bureaus, as well as the other projects and the current  tracing advertising,  has amounted to several millions over the years. These projects are in addition to efforts by Sanlam's transfer secretary, Computershare, and formerly Mercantile Registrars to locate shareholders whose address is unknown.

Due to the high costs associated with the administration of shares and dividends, Sanlam decided in December 2019 to continue the process. The shares of the untraceable shareholders in the Sanlam Share Account, will therefore be sold and the proceeds, as well as the unpaid dividends, will be forfeited.

What is required of Sanlam shareholders

From the end of January to 15 March 2020, Sanlam Share Account will place official notification advertisements in provincial and national newspapers in South Africa and Namibia, to give the affected shareholders a last chance to respond. 

The advertisement calls on shareholders to come forward and update their share account records with the transfer secretary, Computershare, as well as claim all unclaimed dividends to which the shareholder may be entitled; or to sell their shares and claim all unclaimed dividends to which they may be entitled to.

A 90-day window period will be allowed to update and correct the records concerned, and should the untraceable shareholders’ fail to respond, the shares will be sold.

Any person or entity who believes that it can legally claim the shares in the Sanlam Share Account held on behalf of an untraceable shareholder should contact Sanlam's transfer secretary, Computershare.

How to contact us

             

Links to the smart forms

https://www.computershare.com/za/Documents/Sanlam_Namibian_Shareholder(smart)_opt.pdf

Transfer Secretary Services Local Listed / Unlisted Companies

1. Current projects

2. FIA / Other requirement (updating of database)

3. Forms for completion

4. Selling / Buying shares procedures

Where to find us

Namibian Stock Exchange Contacts

Tiaan Bazuin – Chief Executive Officer
Alexandrea Hendricks – Chief Financial Officer
Johene Saal – Chief Information Officer
 
Namibian Stock Exchange
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Windhoek
Namibia
Tel: +264 61 227 647
Fax: +264 61 248 531
E-mail: info@nsx.com.na

Transfer Secretaries Contacts

Alexandrea Hendricks – Manager
Adelheid Scholtz – Administrator
Maria Amutenya – Administrator
Theresia Kavangelwa – Administrator
 
Transfer Secretaries
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Windhoek
Namibia
Tel: +264 61 227 647
Fax: +264 61 248 531
E-mail: ts@nsx.com.na
© 2020 Namibian Stock Exchange

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