The plan proposed by SAB, SAB Zenzele Kabili Application Forms 2021, is the greatest in terms of B-BBEE funding (South African Breweries). SAB Zenzele, the first empowerment program, was introduced in 2010. It began with 42,000 stockholders, valued at R14 billion to the beneficiaries, and R9.5 billion in the return value when it was launched in 2012.
At the time, a ten-year investment of R100 would have yielded R77,518 in total, excluding tax values. Reinvesting a portion of the company’s profits is now an option. The SAB Zenzele Kabili plan, which owns AB InBev shares worth R5.4 billion, is offering this chance to retail shareholders of SAB Zenzele.
It will begin trading on the Johannesburg Stock Exchange’s B-BBEE section on May 28, 2021. This will allow for more B-BBEE investors to participate in the company, as well as increase liquidity. By creating a new employee stock ownership plan, SAB will be able to include all of its qualified workers.
The scheme was supposed to go live last year, but it was delayed until this year because of Covid-19. The underlying asset for the SAB Zenzele Kabili shares 2nd edition is AB InBev, which is now trading at R1000.
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How To Buy Sab Zenzele Kabili Shares?
Buying SAB Zenzele Kabili shares is a simple process. Securities can be purchased via a JSE broker or any other appropriate trading platform. An African black person or a member of the Indian, Chinese, or Colored race must want to acquire shares in SAB Zenzele Kabili to qualify.
Initially, the program will be open to all current Zenzele recipients. As long as the scheme exists, it will remain listed. The principal broker will be Investec. Trading platforms that are authorized to list BBBEE shares might serve as alternative brokers.
SAB Zenzele Kabili Easy Equities
Investec will serve as the principal broker. Other trading platforms that have a license to list shares of a BBBEE on their platforms might be deemed eligible brokers. Even so, Easy Equities won’t have the SAB Zenzele Kabili shares accessible for purchase (EE).
Along with banks that have broker divisions, SAB Zenzele Kabili’s shares will be listed on Computershare as well.
Computershare And SAB Zenzele Kabili
We at Computershare offer a variety of services to publicly traded businesses. As their issuing agent, one of our responsibilities is to watch out for your interests as a shareholder.
To get started, you’ll need to create a Computershare account. Before you may acquire SAB Zenzele Kabili shares, you must first obtain and complete the documents shown below, as well as supply any supporting documentation. SAB Zenzele stockholders will not need to take the measures outlined below:
Completion Of Computershare Documents
You’ll discover a collection of documents here that you’ll need to read and, if necessary, download to finish:
- Custody and Settlement Account Fact Sheet
- Terms and Conditions (JSE and A2X)
- Custody and Settlement Agreement
- Schedule of fees
- Co-habitant form (Only whether you live with someone and cannot provide proof of residence in your name)
— SABreweries (@SABreweries) June 4, 2021
In addition to the foregoing, you will need to provide the following FICA documentation:
- Naturalization affidavit
- Certified copy of your ID document
- Certified copy of your proof of residence not older than three months
- Certified copy of your bank statement reflecting bank name and logo inclusive
- An Income tax document reflecting your tax number not older than one year
Submit The Documents In Steps 1 And 2 To Us
Alternatively, you can mail, courier or hand-deliver documents to the following locations: [email protected], or send them through email to that address.
- By post to: Private Bag X9000, Saxonwold, 2132, South Africa,
- By courier/hand delivery: 15 Biermann Avenue, Rosebank Towers, 1st Floor, Rosebank, Johannesburg, 2196
How To Invest In Sab Zenzele Kabili?
It’s simple to put money into Sab Zenzele Kabili now. Buying shares is as simple as signing up for an account on one of the trading platforms.
Where Can I Locate The Application Forms For Sab Zenzele Kabili In 2021?
Either on Investec or other suitable trading platforms, such as Computershare, you may locate the application form for the SAB Zenzele Kabili program for 2021. Alternatively, you may obtain a copy of the application form by following this link.
Exactly When Will Sab Zenzele Shareholders Receive Their Dividends In 2021?
SAB Zenzele shares will be paid out on May 28th, 2021, according to the company’s schedule. The initial payment date was set for March 2020, however, the Covid-19 epidemic pushed it back.
Sandton is the headquarters of SAB Zenzele Kabili. To get in touch with SAB Zenzele Kabila’s call center agents, investors can dial the number 0861 900 903.
Between the hours of 9 AM and 5 PM, Monday through Friday, the contact centers are accessible to answer any questions about your account. They can also contact [email protected] through email.
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