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Ecsponent announces enhancements to its Equity Holdings portfolio in a series of transactions to the value of R740 million

23 May 2018 – Ecsponent Limited today announced a transaction that will expand its capability to stimulate the growth of South Africa’s small and medium enterprises (SME) sector. It is proposing an investment of up to R400 million into venture capital company (VCC), Capitis Equity Proprietary Limited (Capitis). The transaction is intended to be effective…

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Ecsponent acquires cryotherapy provider Cryozone SA

Athletes at Cape Town Cycle Tour given the opportunity to prepare their bodies for race day and help alleviate the Mother city’s water crisis   JSE-listed Ecsponent Limited, has added Cryozone South Africa to its portfolio of leading-edge technological investments. Cryozone South Africa is a provider of whole-body cryotherapy – a medical physical treatment, widely used in sports medicine…

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The Financial Planning Institute recognises Ecsponent Group as an FPI Corporate Partner™

The Financial Planning Institute of Southern Africa (FPI) announced today that Ecsponent is now an FPI Corporate Partner™, through its subsidiary, Ecsponent Financial Services.   The FPI is a South African Qualifications Authority (SAQA) recognised professional body for financial planners, which serves the public by ensuring that people who carry the CFP® designation are qualified,…

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Ecsponent releases strong set of interim results

28 November 2017 Ecsponent Limited (Ecsponent) today announced interim results for the period ended 30 September 2017. The financial services group has continued its exponential growth, underpinned by the group’s strategic focus on select niche markets and business units, registering stellar results with all-round growth.   Key features Highlights of the group’s September 2017 interim…

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Ecsponent Limited releases positive trading update

Johannesburg 9 November 2017  JSE-listed African financial services company, Ecsponent Limited today published a positive trading update, advising shareholders that its earnings per share (EPS) for the half year ending 30 September 2017, is expected to increase by a minimum of 30%. This will result in a minimum EPS of 2.893 cents, as compared to…

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Ecsponent group secures international funding to reduce cost of capital

1 November 2017 – JSE-listed Ecsponent Limited (“Ecsponent”) announced today that it has secured an international funding facility for USD 10 million (R142-million) from a UK-based corporate financier.   To date, Ecsponent’s Investment Services business unit has raised over R1-billion capital through its listed preference share programme, which has subsequently been deployed through the group’s various…

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Ecsponent continues its growth in Swaziland

18 September 2017   Financial services group to enhance its presence in the Kingdom, after being licensed to act as a Collective Investment Scheme Manager.   African Financial Services Group, Ecsponent Limited, has been licensed to act as a Collective Investment Scheme (CIS) Manager in Swaziland by the Financial Services Regulatory Authority (FSRA). The group’s…

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