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29-Jun-2018
(Official Notice)
Shareholders are advised that the Company?s integrated annual report for the year ended 28 February 2018 has been published on its website, www.long4life.co.za. The integrated annual report contains no modifications to the audited provisional summarised financial results published on SENS on 9 May 2018 or the independent external auditors opinion in respect thereof. The annual financial statements were audited by Deloitte - Touche and their unmodified audit report is available for inspection at the Company?s registered office.



The financial statements and notice of annual general meeting will be distributed to shareholders in due course.



B-BBEE Annual Compliance Report

In compliance with paragraph 16.21(g) of the Listings Requirements of the JSE Ltd., shareholders are advised that Long4Life?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment (?B-BBEE?) Act has been submitted to the B-BBEE Commission and is available on the Company?s website.
26-Jun-2018
(Official Notice)
26-Jun-2018
(Official Notice)
13-Jun-2018
(Official Notice)
Shareholders are advised that the Company has entered into discussions relating to a potential acquisition, which if successfully concluded, may have an effect on Long4Life?s share price. Shareholders are accordingly advised to exercise caution when dealing in the Company?s securities until a further announcement in this regard is made.

09-May-2018
(Official Notice)
09-May-2018
(C)
The group changed year end and this represents the maiden final results for February 2018, therefore there are no comparatives.The group's revenue for the period ended 28 February 2018, generated from the acquired assets for a four-month period, amounted to R730.66 million. Operating profit generated totalled R117.04 million, while interest earned on cash balances, which totalled R1.7 billion at the end of the period, amounted to R128.48 million. Basic earnings attributable to shareholders of the Company amounted to R168.95 million with headline earnings at R170.39 million. Based on 564 066 872 weighted average number of outstanding shares in issue, this translated into basic earnings and headline earnings of 30.0 cents and 30.2 cents, respectively



Dividend

The board has declared a maiden dividend gross of 5.40 cents per ordinary share in respect of the period ended 28 February 2018. The dividend is based on earnings from the group's businesses for the four months since acquisition, net of acquisition and corporate costs incurred for the full eleven months to 28 February 2018.



Company prospects

As the South African economy transforms further under its new political leadership, and even though the full extent and benefit of these changes is still to materialise, Long4Life is ideally positioned to take advantage of the opportunities that will result. This relates not only to the current portfolio of assets that have the capability of expansion and an ability to enhance efficiencies to adapt to current market circumstances, but also to pursue other value enhancing businesses. The executive team's entrepreneurial flair, the Company's balance sheet strength, access to an appropriate transactional pipeline as well as a wide spectrum of investors, are all catalysts for its ongoing yet diligent assessment of organic and acquisitive possibilities. The Company's overriding objectives continue to be expansion at a pragmatic rate and delivering above-average growth. This will be achieved by ensuring quality operating earnings from strong cash generating businesses and acquisitions with appropriately assessed risk characteristics.
28-Mar-2018
(Official Notice)
Long4Life is in the process of finalising its financial results for the eleven months ended 28 February 2018, following a change in the Company?s financial year end from March to February. These will be the Company?s maiden year end results subsequent to listing on the JSE Ltd. (?JSE?) on 7 April 2017.



Shareholders are advised that the Company expects to report earnings per share (?EPS?) and headline earnings per share (?HEPS?) of between 28 and 31 cents for the eleven months to 28 February 2018. The EPS and HEPS calculations are based on a weighted number of shares of 564 091 841 in issue during this period. Since Long4Life was for all intents and purposes dormant at its previous year end of 31 March 2017 (prior to listing on the JSE), it is neither practical nor meaningful to indicate percentage changes in EPS or HEPS.



Shareholders are reminded that the acquisitions of Holdsport Ltd., Sorbet Holdings (Pty) Ltd., and Inhle Beverages (Pty) Ltd., respectively, became unconditional on or about 31 October 2017. Accordingly, the financial results for the eleven months ended 28 February 2018 incorporate finance income earned on cash balances (net of expenses) and only four months of trading from these acquired companies. The acquisition of Chill Holdings (Pty) Ltd. became unconditional subsequent to 28 February 2018 and thus none of its trading results are included herein.



The Company expects to release its financial results for the period in question on or about 9 May 2018.



The financial information on which this trading statement has been based, has neither been reviewed nor audited by the Company?s external auditors.



15-Mar-2018
(Official Notice)
Shareholders are advised that further to the announcement released on SENS on 28 November 2017, all the conditions precedent as set out in that announcement have now either been fulfilled or waived. The transaction has accordingly become unconditional. The Board of Long4Life is excited at the opportunity and welcomes the Chill executives and staff to the Long4Life family.
02-Feb-2018
(Official Notice)
Shareholders are advised that Marlene Klopper has been appointed as Long4Life?s company secretary with effect from 1 February 2018, replacing TMF Corporate Services (South Africa) (Pty) Ltd.

10-Jan-2018
(Official Notice)
Following the acquisition of Holdsport in November 2017, and in line with Long4Life?s decentralisation philosophy, the management of the Holdsport operating divisions will report directly to the Long4Life executive. Pursuant to this restructure, Mr Kevin Hodgson will resign from his role as Chief Executive Officer and director of Holdsport, with effect from 1 March 2018. He will continue to support Long4Life?s Sport and Recreation unit in a consulting capacity, working alongside Mr Brian Joffe and the executive team.



Mr Hodgson retains a significant shareholding in Long4Life and is supportive of its long-term strategy.
07-Dec-2017
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised that Mr Jason Joffe has resigned from the board of directors of the Company as an alternate director to Mr Lionel Jacobs, effective 7 December 2017.

28-Nov-2017
(Official Notice)
Long4Life has announced that it is acquiring 100% of Chill from the existing shareholders, being management, Africa Beverage Venture (Pty) Ltd. and Raubenbel (Pty) Ltd.



Chill is a leading producer, packer and distributor of a range of beverages and is based in the Western Cape with storage and distribution facilities located in major cities across South Africa. Chill provides a fully integrated in-house business platform from product conception and development, through production, to sales and marketing.



Chill has an experienced and innovative management team, who will remain with the company after the acquisition. Chill owns a portfolio of recognised brands, including Score Energy, Fitch - Leedes, Bashews and Country Club, amongst others. Its operating facility produces beverages in cans, glass and PET and is located in Stellenbosch. Chill targets three revenue categories, namely:

*the production and distribution of its own brands;

*co-packing, which provides numerous beverage companies with production and packaging services; and

*house brands, which are typically large retailers seeking to produce and sell their own in-house brands.



The purchase consideration will be settled as follows:

*75% in cash; and

*25% through the issue of Long4Life shares at a price of R5.21 per share (?the Share Issue?).



The Share Issue will be made to management in part settlement of their portion of the purchase consideration. Any disposal of these shares will be subject to certain restrictions over a three-year period.



The acquisition, which is subject to the fulfilment (or waiver) of the normal conditions precedent for a transaction of this nature, has been structured as a ?locked-box? with an effective date of 1 July 2017.





28-Nov-2017
(Official Notice)
21-Nov-2017
(Official Notice)
Shareholders are advised that Mr Colin Datnow?s status as a non-executive director on the board of Long4Life (the ?Board?) will, with effect from 1 January 2018, change to that of a full time senior executive director. His new role will primarily encompass the implementation of the Company?s strategic objectives. Mr Datnow has over 40 years of business experience and was the founder of Brandcorp Holdings Ltd. He also currently serves as chairperson of one of South Africa?s largest Public Benefit Organisations.



As a consequence of the above, Mr Jason Joffe, who is currently the alternate to Mr Datnow, will act as an alternate director to Mr Lionel Jacobs, effective 1 January 2018.



Shareholders are further advised of the following changes in the constitution of the sub-committees of the Board:

? Mr Datnow will no longer serve as a member of the Company?s Nomination and Remuneration, Audit and Risk and Social and Ethics Committees, respectively.

? Mr Syd Muller has been appointed as a member and chairman of the Nomination and Remuneration Committee.

? Ms Keneilwe Moloko has been appointed as a member of the Audit and Risk Committee and of the Social and Ethics Committee.
07-Nov-2017
(Official Notice)
Shareholders of Holdsport and Long4Life are referred to the Circular issued on Thursday, 31 August 2017, containing details of the firm intention by Long4Life to acquire the entire issued share capital of Holdsport, net of treasury shares and Holdsport shares registered in the name of and beneficially owned by Long4Life, through a scheme of arrangement.



The definitions and interpretations commencing on page 10 of the Circular have been used in this SENS announcement.



Excess Scheme Cash Allocation payable to Shareholders

As described in the Circular, Scheme Participants were entitled to elect to receive either:

*The Option A Scheme Consideration, being 12.10 Long4Life Shares per Scheme Share; or

*The Option B Scheme Consideration being 11.20 Long4Life Shares and R5.00 payable in cash per Scheme Share.



To the extent that certain Scheme Participants elected the Option A Scheme Consideration and not the Option B Scheme Consideration, those Scheme Participants who elected the Option B Scheme Consideration were afforded the opportunity to apply for Excess Scheme Cash.



Based on the elections received, Scheme Participants who elected the Option B Scheme Consideration and applied for Excess Scheme Cash (?Excess Cash Electing Shareholders?) will receive 10.20 Long4Life Shares and R10.00 payable in cash per Scheme Share. The Cash Component of the Scheme Consideration amounts to R181.6 million comprising of the cash payable to Scheme Participants who selected the Option B Scheme Consideration, plus the Excess Scheme Cash Allocation.



Excess Cash Electing Shareholders will be paid their Scheme Consideration on Wednesday, 8 November 2017 in line with the timetable set out in the finalisation announcement released on SENS on Wednesday, 18 October 2017.

02-Nov-2017
(Official Notice)
27-Oct-2017
(Permanent)
Long4Life's financial year-end was changed to the end of February, effective 28 February 2018.
27-Oct-2017
(C)
The following results are the company's maiden interim results since listing. Trading loss came to R4.9 million whilst profit for the period of R41.3 million was recorded. In addition, headline earnings per share were 10.55cps.



Change of financial year-end

The board of Long4Life considers it appropriate to align the company's financial year to that of its largest investee company, Holdsport, and accordingly Long4Life's financial year-end will be changed to the end of February, effective 28 February 2018.



Dividend

The board intends to commence the payment of dividends with effect from the February 2018 financial year. This will be based on the operating income of the group, excluding passive income, with appropriate dividend cover.



Company prospects

With the newly acquired companies, Long4Life's market capitalisation will increase substantially as it now gains substance and scale as a JSE-listed entity. This places the group in a position to conclude larger acquisition transactions going forward.



The future of the South African economy remains uncertain in the short- to medium-term. Invariably in these circumstances, opportunities present themselves and Long4Life is ideally positioned to take advantage of this situation. Long4Life is well capitalised and under-geared, creating capacity for both organic and acquisitive growth into 2018.
25-Oct-2017
(Official Notice)
Shareholders are herewith provided with an update on the acquisition by Long4Life of Sorbet Holdings (Pty) Ltd. (?Sorbet?) and Inhle Beverages (Pty) Ltd. (?Inhle?).



Acquisition of Sorbet

Further to the announcement released on the Stock Exchange News Service (?SENS?) of the JSE Ltd. on 14 July 2017, shareholders are advised that all the conditions precedent relevant to the transaction have now been fulfilled. There has been no adjustment to the purchase consideration of R116 million.



Acquisition of Inhle

Shareholders are referred to the announcement released on SENS on 23 August 2017 which set out the details of the Inhle acquisition and are advised that the purchase consideration referred to in that announcement has been reduced after the due diligence to R268.86 million comprising:

? R210 million to be settled in cash; and

? 10.8 million to be settled through the issue of Long4Life shares.



The revised purchase price assumes that Inhle will produce earnings before interest, depreciation and taxation of R55 million for the year ending 28 February 2018.



Shareholders are advised that all the conditions precedent have now been fulfilled or waived.
24-Oct-2017
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of Long4Life (?the board?) hereby advises of the following appointments to the board as independent non-executive directors:

*Syd Muller CA (SA)- The effective date for Syd?s appointment to the Board is 24 October 2017.

*Keneilwe Moloko CA (SA)- The effective date for Keneilwe?s appointment to the Board is 1 November 2017.
18-Oct-2017
(Official Notice)
12-Oct-2017
(Official Notice)
Shareholders are referred to the cautionary announcement dated 30 August 2017 in terms of which shareholders were advised that the company has entered into discussions relating to a further potential acquisition, which if successfully concluded, may have an effect on Long4Life?s share price.



Shareholders are advised that discussions in this regard remain ongoing and shareholders should accordingly continue to exercise caution when dealing in the company?s securities until a further announcement in this regard is made.
10-Oct-2017
(Official Notice)
Shareholders of Holdsport and Long4Life (?Shareholders?) are referred to the circular (?Scheme Circular?) containing details of the firm intention by Long4Life to acquire the entire issued share capital of Holdsport, net of treasury shares and Holdsport shares registered in the name of and beneficially owned by Long4Life (the ?Proposed Transaction?), through a scheme of arrangement.



Shareholders are advised that certain conditions precedent, in particular the South African Competition Commission approval, as set out in the Scheme Circular (?Remaining Conditions Precedent?), have not yet been fulfilled. Accordingly, the indicative timing of the implementation of the Proposed Transaction will be delayed to accommodate the fulfilment of the Remaining Conditions Precedent.



A finalisation announcement will be released on SENS and published in the South African press notifying Shareholders once the Remaining Conditions Precedent have been met as well as providing Shareholders with the updated salient dates and times for the implementation of the Proposed Transaction.
06-Oct-2017
(Official Notice)
Long4Life shareholders are advised, in accordance with paragraph 3.59 of the JSE Listings Requirements, that Mr. Kevin Hedderwick, the Company?s Chief Operating Officer and Executive Director, has tendered his resignation, with effect from today, in order to pursue personal interests.

03-Oct-2017
(Official Notice)
Shareholders of Holdsport and Long4Life (collectively, the ?Shareholders?) are advised that, at the Scheme Meeting held on Tuesday, 3 October 2017 (?the Scheme Meeting?), the special and ordinary resolutions set out in the Notice of the Scheme Meeting (which was dispatched to Holdsport Shareholders together with the Scheme Circular on Thursday, 31 August 2017), were passed on a poll by the requisite majorities (being those set out in the Notice of the Scheme Meeting in respect of each resolution).



Conditions Precedent and remaining salient dates and times

Shareholders will be advised once all the Conditions Precedent as set out in the Scheme Circular have been fulfilled.



A finalisation announcement will be made in due course based on the indicative dates and times as detailed in the Scheme Circular.
31-Aug-2017
(Official Notice)
30-Aug-2017
(Official Notice)
Shareholders are advised that the company has entered into discussions relating to a further potential acquisition, unrelated to the proposed acquisition of Holdsport Ltd., which if successfully concluded, may have an effect on Long4Life?s share price.



Shareholders are accordingly advised to exercise caution when dealing in the company?s securities until a further announcement in this regard is made.
29-Aug-2017
(Official Notice)
Long4Life shareholders (?Shareholders?) are referred to the announcement released on the Stock Exchange News Service of the JSE Limited (?JSE?) on Tuesday, 25 July 2017, relating to the firm intention by Long4Life to acquire the entire issued share capital of Holdsport Limited (?Holdsport?), and the notice of submission of proposed special and ordinary resolutions (?Resolutions?) to be adopted in terms of section 60 of the Companies Act, 71 of 2008, as amended (?Companies Act?) distributed to Shareholders on Tuesday, 25 July 2017.



Shareholders are hereby advised that, as at the date of this announcement, the Resolutions have been approved and adopted by Shareholders entitled to exercise sufficient voting rights for the Resolutions to have been adopted in terms of section 60(2) of the Companies Act. In accordance with section 60(4) of the Companies Act, Long4Life will deliver a statement to Shareholders recorded in the Company?s share register as at the record date for voting being, Friday, 14 July 2017.
28-Aug-2017
(Official Notice)
Shareholders are advised that all of the ordinary and special resolutions proposed at the Annual General Meeting (?AGM?) held 28 August 2017 were passed by the requisite majority of shareholders present in person or represented by proxy at the AGM.

23-Aug-2017
(Official Notice)
Pursuant to the cautionary announcement released on the Stock Exchange News Service of the JSE Ltd. (?JSE?) on 5 July 2017 and the further cautionary announcement released on 5 August 2017 (collectively ?the Cautionary Announcements?), the board of directors of Long4Life (?the Board?) is pleased to announce that it has concluded a Share Purchase Agreement to acquire the entire issued share capital of Inhle Beverages (Pty) Ltd. (?Inhle?) (?the Acquisition?).



Purchase consideration and conditions precedent

The maximum purchase consideration is R360 million, based on a 6x multiple of forecast EBITDA for Inhle?s financial year to 28 February 2018 of R60 million, which EBITDA remains to be confirmed during the due diligence exercise referred to hereunder. Based on management accounts as at 31 July 2017, Inhle?s tangible net asset value amounts to R53.8 million.



The Acquisition, which is effective 1 July 2017, is subject to certain conditions precedent, all of which are expected to be fulfilled by 31 October 2017, including:

- certain regulatory approvals (including, but not limited to, the Competition Authorities); and

- completion of a due diligence investigation to the satisfaction of Long4Life.



The purchase consideration will be settled through a combination of cash and Long4Life shares, the latter to be issued based on the volume weighted average price (VWAP) of L4L Shares traded during the 5 (five) trading day period immediately preceding the closing date, this following fulfilment (or waiver, as the case may be) of the last of the conditions precedent. The Share Purchase Agreement contains warranties and indemnities that are standard for a transaction of this nature.



Cautionary

Shareholders are advised that the Cautionary Announcements (which pertained to the Acquisition) are hereby withdrawn. Shareholders are however referred to the Firm Intention Offer by Long4Life announced on 25 July 2017 pertaining to the proposed acquisition of the entire issued share capital of Holdsport Limited, and are accordingly advised to continue to exercise caution when dealing in the Company?s securities until a further announcement in this regard is made.
15-Aug-2017
(Official Notice)
Further to the cautionary announcement dated Monday, 5 July 2017, shareholders are advised that the company remains in discussions relating to a potential acquisition, unrelated to the proposed acquisition of Holdsport Ltd., which if successfully concluded, may have an effect on Long4Life?s share price.



Shareholders are accordingly advised to continue to exercise caution when dealing in the company?s securities until a further announcement in this regard is made.
27-Jul-2017
(Official Notice)
The Annual General Meeting of Long4Life shareholders will be held at the Company?s offices on the 7th Floor, Rosebank Towers, 13?15 Biermann Avenue, Rosebank, Johannesburg on Monday, 28 August 2017 at 09:00 to transact the business as stated in the Notice of Annual General Meeting which has been distributed to shareholders and is available on the Company?s website at www.long4life.co.za. The record date for shareholders to participate in and vote at the Annual General Meeting is Friday, 18 August 2017. Accordingly, the last day to trade to participate in and vote at the Annual General Meeting is Tuesday, 15 August 2017.
25-Jul-2017
(Official Notice)
Investment holding company, Long4Life, has announced its intention to acquire 100% of the issued ordinary share capital of Holdsport.



Holdsport is a leading South African cash retailer selling sport, leisure and recreational merchandise through a national store network of large format stores, which trade as Sportsmans Warehouse and Outdoor Warehouse.



The offer will be implemented by way of a scheme of arrangement, and Holdsport shareholders can either:

* Receive 12.10 ordinary shares in Long4Life for each Holdsport share held; or

* Receive 11.20 Long4Life Shares and R5.00 in cash for each Holdsport share, which is subject to a maximum aggregate cash consideration of R204 million. The total cash to be paid will not exceed this amount, and will be funded by Long4Life using its existing cash resources.



The offer represents a compelling proposition and is attractive for Holdsport shareholders to realise value for their current shareholding, as well as the opportunity to participate in the growth opportunity in Long4Life.



In the event that all the conditions precedent to the transaction are met, Holdsport?s JSE listing will be terminated and it will become a wholly-owned subsidiary of Long4Life.



The scheme of arrangement is subject to the normal conditions precedent for a transaction of this nature, including the necessary regulatory approvals and/or consents from the JSE, Takeover Regulation Panel, and the South African Competition Authorities, as well as Holdsport and Long4Life shareholder resolution approvals.



The transaction is expected to close in the third quarter of 2017.
25-Jul-2017
(Official Notice)
Long4Life shareholders (?Shareholders?) are referred to the announcement dated 25 July 2017 relating to the firm intention by Long4Life to acquire the entire issued share capital of Holdsport Ltd. (?Holdsport?) (?the Proposed Transaction?).



In order for Long4Life to implement the Proposed Transaction, Shareholders are advised that the board of directors of the company (?Board?) has resolved to submit to Shareholders for their consideration and approval, certain resolutions by written consent in terms of section 60 of the Act.



The resolutions (?Resolutions?) being proposed by the Board are required, inter alia, to authorise the Board to allot and issue a maximum of 500 million ordinary no par value shares (?Consideration Shares?) to the shareholders of Holdsport pursuant to the implementation of the Proposed Transaction. The Consideration Shares represent more than 30% of the voting powers of the current issued shares of the company prior to the Proposed Transaction. In addition, certain of the Consideration Shares of the company will be issued to persons related or inter-related to the company.



In terms of section 60(1) of the Act, a resolution that could be voted on at a shareholders? meeting may instead be submitted for consideration to the shareholders entitled to exercise voting rights in relation to the resolution, and be voted on in writing by shareholders entitled to exercise voting rights in relation to the resolution, within 20 (twenty) business days after the resolution was submitted to them.



Section 60(2) of the Act provides that a resolution contemplated in section 60(1) of the Act will have been adopted if it is supported by persons entitled to exercise sufficient voting rights for it to have been adopted as an ordinary or a special resolution, as the case may be, at a properly constituted shareholders? meeting, and if adopted, such resolution will have the same effect as if it had been approved by voting at a shareholders? meeting.



A notice, together with the Resolutions and a form of written consent, was distributed to Shareholders on Tuesday, 25 July 2017. The deadline for the approval of the Resolutions is Wednesday, 30 August 2017. A copy of the notice, Resolutions and form of written consent is available on Long4Life?s website www.long4life.co.za.



The record date for determining which Shareholders are entitled to vote on the Resolutions was Friday, 14 July 2017.
25-Jul-2017
(Official Notice)
14-Jul-2017
(Official Notice)
05-Jul-2017
(Official Notice)
Shareholders are advised that the Company has entered into discussions relating to a potential acquisition, which if successfully concluded, may have a material effect on Long4Life?s share price. Such discussions are unrelated to the Company?s non-binding expression of interest to the board of directors of Holdsport Limited (?Holdsport?) in terms of the potential acquisition of the entire issued share capital of Holdsport as detailed in the joint cautionary announcement dated 3 July 2017. Shareholders are accordingly advised to exercise caution when dealing in the company?s securities until a further announcement in this regard is made.

03-Jul-2017
(Official Notice)
Long4Life has submitted a non-binding expression of interest to the board of directors of Holdsport in relation to a proposed transaction which envisages Long4Life acquiring the entire issued share capital of Holdsport in a share for share exchange at a ratio of 10.44 Long4Life shares for every 1 Holdsport ordinary share (the ?Proposed Transaction?).



If successfully concluded, the Proposed Transaction may have a material impact on both the Long4Life and Holdsport (the ?Companies?) share prices and shareholders of the Companies are accordingly advised to exercise caution when dealing in the Companies? securities until a further announcement in this regard is made.

26-May-2017
(Official Notice)
Shareholders are advised that the company?s audited consolidated financial statements for the period ended 31 March 2017 have been published on its website, www.long4life.co.za. The consolidated financial statements include the financial results for the nine-month period to 31 March 2017.



In line with a dispensation granted by the JSE Ltd, Long4Life will not be publishing an abridged report reflecting its financial results. An electronic version of the financial statements is available on the company?s website, www.long4life.co.za.



The financial statements and notice of annual general meeting will be distributed to shareholders in due course.

22-May-2017
(Official Notice)
The board of directors of Long4Life (?the Board?) hereby advises that Mr Kevin Hedderwick has been appointed as the chief operating officer (?COO?) and an executive director of the company, effective 22 May 2017.





29-Dec-2017
(X)
Long4Life is an investment holding company that will seek to generate superior returns to its shareholders over the medium to long term. The company plans to invest primarily in businesses with attractive growth prospects, led by strong, entrepreneurial-minded management teams. The board, who collectively have a wealth of operational and deal-making experience across various industries, will be responsible for capital allocation and will play an active role in identifying and approving attractive investment opportunities. Long4Life aims to operate a decentralised management structure, providing financial, strategic and management support to its investee companies. The company?s intention is to take a long-term view on investments, while retaining the flexibility to dispose of investments which no longer meet the investment criteria and the agility to take advantage of opportunities as they arise.



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