Home | Conduit Capital

Spotlight on 2019

Net Asset Value (NAV) per share decreased by 46.9% to 105.1 cents

Headline loss per share of
88.7 cents

Headline loss of
R622.9 million

148.1 cents per share
in cash and investments at work

Weighted return on investment portfolio 32.3% loss
(including dividends)

Repurchased 4.8 million Conduit shares at a total cost of
R8.1 million

Total assets reduced by
5.4%
from R2.41 billion to R2.28 billion

The Group’s solvency reinsurance normalised net premium income increased by
50.7%
during the period under review

Global Credit Rating – BBB(ZA) and A3(ZA) in the long-term and short-term, with both ratings placed on Rating Negative Watch International scale rating of B with a stable outlook.

CONDUIT’S NET ASSET VALUE PER SHARE DECLINED 46.9%, BUT IN OUR OPINION, THE INTRINSIC VALUE OF OUR BUSINESS INCREASED, BECAUSE OF THE CAPACITY WE HAVE INSTALLED FOR FUTURE GROWTH.

Invested significantly
into building Constantia’s infrastructure, people resource and systems, as necessary to support an eventual medium-size insurance operation

Constantia increased
business capacity and market penetration

BBBEE Scorecard Contribution Level Conduit Capital – Level 8
Constantia Insurance Company – Level 6

Constantia’s insurance premiums have grown from R788 million in 2015 to R2.05 billion in 2019

887 learners gained skills
and financial sector experience through the Group’s internship programme, learnerships and consumer education initiatives

R307 200 donated
to various CSR beneficiaries

Latest Information

Condensed Consolidated Reviewed Results for the Year
Ended 30 June 2020

Conduit Capital Limited Integrated Report 2019

Conduit Capital is a JSE-listed investment holding company, with a number of subsidiaries and investments, most of which are involved in the Southern African insurance industry.

CONDUIT'S VISION

Spotlight on 2019

CONDUIT’S NET ASSET VALUE PER SHARE DECLINED 46.9%, BUT IN OUR OPINION, THE INTRINSIC VALUE OF OUR BUSINESS INCREASED, BECAUSE OF THE CAPACITY WE HAVE INSTALLED FOR FUTURE GROWTH.

Latest Information

Financial Results

SENS ANNOUNCEMENTS

Press Release

Condensed Consolidated Reviewed Results for the Year Ended 30 June 2020

Conduit Capital Limited Integrated Report 2019

Conduit Capital is a JSE-listed investment holding company, with a number of subsidiaries and investments, most of which are involved in the Southern African insurance industry.

CONDUIT'S VISION

Spotlight on 2019

CONDUIT’S NET ASSET VALUE PER SHARE DECLINED 46.9%, BUT IN OUR OPINION, THE INTRINSIC VALUE OF OUR BUSINESS INCREASED, BECAUSE OF THE CAPACITY WE HAVE INSTALLED FOR FUTURE GROWTH.

Latest Information

Financial Results

SENS ANNOUNCEMENTS

Press Release

Condensed Consolidated Reviewed Results for the Year
Ended 30 June 2020