Raubex has two main anchor BEE shareholders in Matlapeng Holdings (which holds its Raubex shares through BVI, a subsidiary of Matlapeng) and Kenworth which currently own, collectively, 42 615 384 shares (23,34%) in Raubex’s share capital, post-listing and acquisitions, whilst other strategic BEE shareholders own 3 162 384 shares (1.72%) in Raubex’s share capital, bringing the total BEE shareholding to 25.06%.
Matlapeng Holdings (Proprietary) Limited is a broad-based BEE company, majority owned by Kopano Ke Matla (COSATU’s investment company) and the Black Managers Forum, representing two million HDSA people of which approximately 30% are HDSA women. Kenworth is the investment company of Freddey Kenny, an HDSA individual active in the construction sector. Both Matlapeng and Kenworth are represented on the Board of Raubex. Both Matlapeng and Kenworth have near unencumbered shareholdings in the share capital of Raubex and have agreed to a five-year “lock-in” period post-Listing, so as to maintain Raubex`s BEE shareholding.
All of Raubex’s BEE shareholders carry full equity and voting rights participation making them actively involved partners in the management and operations of Raubex.