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Trading statement in respect of twelve months ended 31 December 2024
SABVEST CAPITAL LIMITED
Incorporated in the Republic of South Africa
Registration number 2020/030059/06
ISIN: ZAE000283511
JSE share code: SBP
("Sabcap" or "the Company")
TRADING STATEMENT IN RESPECT OF TWELVE MONTHS ENDED 31 DECEMBER 2024
Shareholders are referred to the announcement released on the Stock Exchange News Service ("SENS")
on 31 October 2023 in which they were advised that, owing to the nature of the business of Sabcap, the
Board resolved to adopt net asset value per share ("NAVPS") as the Company's relevant performance
measure for trading statement purposes.
Shareholders are advised that Sabcap's NAVPS as at 31 December 2024 is estimated to be between
R127.95 and R132.33. This range represents an increase of between 17% and 21% compared to the NAVPS
at the previous corresponding reporting period at 31 December 2023 of R109.36.
The Company's results for the twelve months ended 31 December 2024 will be released on the SENS on
or about 19 March 2025.
The financial information on which this trading statement is based has not been audited, reviewed and
reported on by the Company's external auditors.
Sandton
28 February 2025
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 28-02-2025 02:41:00
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