Definitions

DEFINITIONS

ASISA  
Association for Saving and Investment South Africa

AUM  
Assets under management

B-BBEE or BEE  
Broad-based black economic empowerment

the Board  
The Board of directors of Peregrine Holdings

Citadel  
Citadel Group of companies, subsidiary of Peregrine SA Holdings

the Companies Act  
The Companies Act of South Africa, 71 of 2008

the Company
Peregrine Holdings or Peregrine Holdings Limited

CPF  
Citadel Philanthropy Fund

ED  
Enterprise Development

FSCA
Financial Services Conduct Authority

FIC  
Financial Intelligence Centre

the Group  
Peregrine Holdings Limited and its subsidiaries

GTF  
Group Transformation Forum

IFRS  
International Financial Reporting Standards

Java Capital  
Java Capital Proprietary Limited, joint venture with Peregrine SA Holdings

JSE  
JSE Limited

King IV
King Report on Corporate Governance for South Africa 2016

Legae  
Legae Securities, associate of Peregrine Securities Proprietary Limited

Local operations
Peregrine SA Holdings, Citadel Group, Peregrine Securities, Peregrine Capital, Java Capital

M&A
Mergers and Acquisitions

Nala  
Nala PGR SA Holdings Proprietary Limited, formerly Nala Empowerment Investment Company Proprietary Limited, the B-BBEE partner of Peregrine through a 20% shareholding in Peregrine SA Holdings

Normalised earnings  
Earnings adjusted to remove the IFRS 2 effects of the Citadel deferred remuneration schemes in order to help stakeholders understand the true earnings from the Group’s operations

Peregrine Capital  
Peregrine Capital Proprietary Limited, subsidiary of Peregrine SA Holdings

Peregrine Equities  
Peregrine Equities Proprietary Limited, subsidiary of Peregrine Securities

Peregrine International Holdings  
Peregrine International Holdings Limited, the internationally based wholly owned subsidiary of Peregrine Holdings

Peregrine Securities  
Peregrine Securities Proprietary Limited, subsidiary of Peregrine SA Holdings

SA Alpha
SA Alpha Capital Management Limited, Cayman Islands based asset manager

Sandown Capital  
Sandown Capital Proprietary Limited, previously a wholly owned subsidiary of Peregrine Holdings, being the entity to which all the surplus non-operating net assets held within the Group (i.e. excess cash, investment in hedge funds and other proprietary investments),were transferred with effect from 2 October 2017. The shares in Sandown Capital, which is now separately listed on the JSE, were unbundled to Peregrine shareholders on 4 December 2017

Peregrine SA Holdings  
Peregrine SA Holdings Proprietary Limited, the holding company of the South African operating subsidiaries, namely Citadel Group, Peregrine Capital, Peregrine Securities and other South African joint ventures and associates

SED  
Socio-economic Development

SENS  
Stock Exchange News Service

Stenham  
The Stenham Group of companies based in the UK and the Channel Islands

Subsidiaries  
Peregrine SA Holdings, Citadel Group, Peregrine Capital, Peregrine Derivatives, Peregrine Equities, Peregrine Securities, Peregrine Financial Products, Peregrine Fund Platform, Peregrine International Holdings and Stenham

TCF  
Treating the Customer Fairly

the previous/prior year  
The year ended 31 March 2017

the year/the year under review  
The year ended 31 March 2018