Enhanced Investments - Financial Portal

Adoption of net asset value per share for trading statements purposes

Published: 2023-10-31 12:40:25 ET

SABVEST CAPITAL LIMITED
(Incorporated in South Africa)
(Registration number 2020/030059/06)
Share code: SBP
ISIN: ZAE000283511
(“Sabcap” or “the Company”)

ADOPTION OF NET ASSET VALUE PER SHARE FOR TRADING STATEMENTS PURPOSES

In compliance with the JSE Limited Listings Requirements, shareholders are advised that, owing to the
nature of the business of Sabcap, the Board has resolved to adopt net asset value per share (“NAVPS”) as
the Company’s relevant measure for trading statement purposes.

Sabcap is an investment holding company with a primary investment focus of maintaining and growing a
portfolio of significant equity interests in listed and unlisted companies with sound growth records or
potential for growth that are expected to earn above average returns over a period. Per Sabcap’s
Investment Policy, such returns are referenced against targeted growth rates in NAVPS, and NAVPS is
therefore considered to be a more appropriate measure of the Company’s financial performance than
headline earnings per share and earnings per share as historically used by Sabcap for trading statement
purposes.


Sandton
31 October 2023


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.