NVEST FINANCIAL HOLDINGS LIMITED - Voluntary announcement regarding the acquisition of Three Oaks Capital

Voluntary announcement regarding the acquisition of Three Oaks Capital

NVEST FINANCIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/015990/06)
(“NVest” or “Company”)
ISIN Code: ZAE000199865     JSE Code: NVE


VOLUNTARY ANNOUNCEMENT REGARDING THE ACQUISITION OF THREE OAKS CAPITAL PROPRIETARY LIMITED
(“THREE OAKS CAPITAL”)


1.    Introduction
      The board of directors of NVest is pleased to announce that NFB Finance Brokers Port Elizabeth
      (Proprietary) Limited (“NFBPE”) has concluded the acquisition of the entire issued share capital of Three
      Oaks Capital (Proprietary) Limited, which company will, during the course of the remainder of the year,be
      merged into NFBPE. The acquisition is part of the NVest Group’s long term controlled organic growth
      strategy and will help increase the footprint of NFB in the Port Elizabeth area.

2.    Background on Three Oaks Capital
      Three Oaks Capital is a registered financial service provider situated in Port Elizabeth. The company
      specialises in providing clients with holistic financial planning as well as wealth management. The services
      of Three Oaks Capital include:

      -   Holistic Financial Planning
      -   Portfolio / Wealth Management
      -   Employee Benefits
      -   Estate Planning
      -   Business and Individual Risk Planning

      As an independent company, Three Oaks Capital has access to investment and risk products from all
      major South African financial product providers as well as various offshore product providers.

3.    Regulatory requirements
      In terms of the JSE Limited Listings Requirements, this is not a Category 1 or 2 acquisition and Three Oaks
      Capital is not a related party of NVest or NFBPE.


3 July 2017
East London

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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