Sabvest Capital: M&G Investment Managers alters stake

Sabvest Capital Limited (JSE: SBP) announced that MandG Investment Managers (Pty) Ltd, acting on behalf of its clients, has altered its beneficial interest in the company's securities. On June 17, 2025, MandG disposed of shares, decreasing its stake to 4.97% of the issued share capital. Subsequently, its interest further declined to 2.51%. On June 25, 2025, MandG acquired additional shares, increasing its beneficial interest to 5.34% of Sabvest's issued share capital. These changes triggered notifications under section 122(3)(b) of the Companies Act and were duly filed with the Takeover Regulation Panel. Sabvest Capital's board of directors vouches for the accuracy of the information, based on details provided by MandG Investment Managers. RAND MERCHANT BANK (A division of FirstRand Bank Limited) is the sponsor for Sabvest Capital.