Sab Zenzele Kabili Application Forms: How to Purchase Shares in Sab Zenzele Kabili?
SAB Zenzele Kabili is the company’s largest B-BBEE plan (South African Breweries). The first empowerment program was dubbed SAB Zenzele and was introduced in 2010. It was founded by 42,000 stockholders with a total value of R14 billion for the beneficiaries and a return value of R9.5 billion.
If someone had invested R100 for ten years back then, they would have received R77,518 excluding tax values upon maturity. The corporation is now providing the option to reinvest a portion of its earnings.
This option is given to SAB Zenzele retail shareholders through the SAB Zenzele Kabili scheme, which owns AB InBev shares worth R5.4 billion.
On May 28, 2021, it will be listed on the B-BBEE section of the JSE. This will increase liquidity and expand ownership to other B-BBEE investors.
Existing eligible SAB employees are included in the new employee stock ownership plan. The system was scheduled to be implemented last year, but due to Covid-19, the deployment was delayed until this year.
The listing price of the second iteration of SAB Zenzele Kabili shares will be R140, while the underlying asset, AB InBev, will trade at R1000.
How to Purchase Shares in Sab Zenzele Kabili?
It is simple to acquire SAB Zenzele Kabili shares. Investors can purchase shares via a JSE broker or any other trading platform deemed suitable.
Those who are interested in purchasing shares of SAB Zenzele Kabili must be African black or of Indian, Chinese, or Colored descent.
Initially, the program will be accessible to all existing Zenzele beneficiaries. The scheme will be listed forever.
Investec will serve as the main broker. Other brokers may include trading platforms with a valid listing license for BBBEE shares.
How to Invest in Sab Zenzele Kabili?
Investing in Sab Zenzele Kabili is easy. Simply visit the trading platforms, complete the application form, and purchase the shares.
Where Do I Obtain Sab Zenzele Kabili application forms for 2021?
The SAB Zenzele Kabili application form for 2021 is available on Investec and other qualifying trading platforms, including Computershare, etc.
Otherwise, you can get the application form by clicking this link.
What is the Distribution Date for SAB Zenzele shares in 2021?
The date of dividend payment for SAB Zenzele shares is May 28, 2021. The original payout date was March 2020, but it was postponed due to the Covid-19 epidemic.
SAB Zenzele Kabili Easy Equities
Investec will serve as the major broker, it should be stated. Other trading platforms that have a license to list the shares of a BBBEE on their platforms can be considered eligible brokers. However, Easy Equities will not provide SAB Zenzele Kabili shares (EE).
The shares of SAB Zenzele Kabili will be listed on Computershare in addition to broker divisions of banks.
Sandton is the location of SAB Zenzele Kabili’s registered office. If investors have any questions, they can reach SAB Zenzele Kabili’s call center operators at 0861 900 903.
Monday through Friday, the call centers are available from 9:00 a.m. to 5:00 p.m. Alternatively, they may send an email to firstname.lastname@example.org.