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ECSPONENT LIMITED - Approval of Collective Investment Scheme licence

Release Date: 18/09/2017 11:28
Code(s): ECS     PDF:  
Wrap Text
Approval of Collective Investment Scheme licence

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
(“the Company” or “Ecsponent”)

APPROVAL OF COLLECTIVE INVESTMENT SCHEME LICENCE

Ecsponent’s board of directors is pleased to announce to its shareholders that the Financial
Services Regulatory Authority (FSRA) has approved the group’s application for a Collective
Investment Scheme licence in Swaziland.

The Ecsponent group focuses its operations on three core business units in its different
territories of operation; Investment Services, Business Credit and Equity Holdings. This licence
will allow the group to enhance its Investment Services offering in Swaziland, by introducing
new products to the market.

This represents a major milestone in the Company’s efforts to further expand its activities in
that country and unlock value in sub Saharan Africa.

18 September 2017
Pretoria

Sponsor
Questco (Pty) Ltd

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