Value-Add CalculationThe Ubuntu-Botho (UB) transaction provides for the issue of deferred shares which will increase in value over time, based on a formula linked to the growth in Sanlam's new business. These shares may later be converted to ordinary Sanlam shares. For the formula with which this added value is calculated, click on the link below for a PDF download.
Click here to view the illustrative examples of the Value-Add calculation. Content within this section: |
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