FreshLeaf Hydro Farms — Ownership & Shareholding Structure
The Company’s B-BBEE ownership credentials are strengthened by the meaningful participation of historically disadvantaged individuals (HDIs) in the equity structure. James Naidoo and Nandi Mthembu together hold 50% of the Company’s equity, and the Employee Share Trust will be structured to benefit…
Section 4 · Business Plan
Ownership & Shareholding Structure
The Company’s B-BBEE ownership credentials are strengthened by the meaningful participation of historically disadvantaged individuals (HDIs) in the equity structure. James Naidoo and Nandi Mthembu together hold 50% of the Company’s equity, and the Employee Share Trust will be structured to benefit…
4.1 Shareholder Register
| Shareholder | Role | Equity % | Investment (R) |
| James Naidoo | Managing Director | 30% | R1,125,000 |
| Hendrik Visser | Operations Director | 25% | R937,500 |
| Nandi Mthembu | Finance Director | 20% | R750,000 |
| Lauren Jacobs | Strategic Investor | 15% | R562,500 |
| Employee Share Trust (ESOP) | Staff Retention | 10% | R375,000 |
| Total | 100% | R3,750,000 |
The Company’s B-BBEE ownership credentials are strengthened by the meaningful participation of historically disadvantaged individuals (HDIs) in the equity structure. James Naidoo and Nandi Mthembu together hold 50% of the Company’s equity, and the Employee Share Trust will be structured to benefit qualifying employees, further enhancing the Company’s B-BBEE scorecard.
4.2 Shareholders’ Agreement
A comprehensive shareholders’ agreement governs the relationship between equity holders, addressing matters including pre-emptive rights, drag-along and tag-along provisions, board composition and voting rights, dividend policy, non-compete undertakings, deadlock resolution mechanisms, and exit provisions. The agreement is structured to protect minority shareholders whilst ensuring effective decision-making and operational governance.
This document contains proprietary and confidential information. Distribution without written consent is prohibited.