Page 33 - Stellar IAR2015

STAKEHOLDER ENGAGEMENTThe large number of corporate actions concluded during the year under review emphasised the importance of the principles of transparent and timeously stakeholder engagement subscribed to by Stellar Capital. The Company issued seven circulars to shareholders and published numerous SENS announcements and media publications to ensure that stakeholders remained informed regarding developments within the Group.The Stellar Capital Partners website (www.stellarcapitalpartners.co.za) was launched during the year under review and provides stakeholders with up to date media publications and other information regarding the Group and its investees. Shareholders can subscribe to a stakeholder distribution list on the website which sends Group communications straight to the inbox of each recipient as and when SENS announcements or nancial results are published.The table below sets out the key groups or individuals with whom the Company interacts on an ongoing basis:StakeholderRelationshipRoleMaterial mattersStellar Capital’s commitmentAppropriate communication forumPrivate shareholders and institutional investorsShareholdersTo provide capital and investment required to support the business strategy- Share price- NAVPS- Dividend policy- Return on invest- ment and prospects - Management competence- Growth strategy- Acquisitions and divestitures- Management remuneration- Management company feesTo create a sustainable and pro table business that rewards investors in a responsible manner- Annual General Meetings- Ad hoc meetings with investors and analysts- SENS announcements and media updates- Website- Trading statements - Integrated annual reportBankersFinanciersTo provide nancial resources required to support the business strategy- Financial statementsAccurate and timely reporting and adherence to terms of funding arrangements- Regular meetings with nanciersInvestee management teamsManagementTo provide timeous, accurate and complete nancial and non- nancial feedback on the performance of the investments of the Group- Financial statements- Strategic initiatives - Cash ows- Operational e ciencies- Synergies with other Group investees- TransformationTo provide an open-channel for two-way feedback regarding all matters pertaining to the performance of investments- Monthly exco meetings- Monthly management accounts- Representation on risk forums, Boards and sub-committees - Site visitsCommunityCorporate Social ResponsibilityTo provide a socially stable and sustainable environment in which to conduct business- Investee CSI programmesTo be a responsible corporate citizen who operates in a socially responsible man- ners, cognisant at all times of the people and environment in which the Group or its investees conduct business activities- Integrated annual reportAuthorities and regulatorsTax collector, transformation and regulatorTo provide a stable macro and micro economic environment with a regulatory and legislative framework that supports business strategy- Taxation and legislative requirementsTo comply with regulatory and legislative requirements- Statutory returns - Integrated annual report- Investee B-BBEE certi cationSTELLAR CAPITAL PARTNERS | 29