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Fri 17 Mar 2017, 7:30 EPE CAPITAL PARTNERS LIMITED - Adoption of net asset value per share measure for trading statements and short-form announcements
EPE 201703170004A
Adoption of net asset value per share measure for trading statements and short-form announcements

EPE CAPITAL PARTNERS LTD 
(Incorporated in the Republic of Mauritius) 
(Registration number: C138883 C1/GBL) 
ISIN: MU0522S00005 
Share Code: EPE 
(“Ethos Capital” or “the Company”) 
 
ADOPTION OF NET ASSET VALUE PER SHARE MEASURE FOR TRADING STATEMENTS AND SHORT-
FORM ANNOUNCEMENTS 

In compliance with the JSE Limited Listings Requirements, shareholders are advised that, owing to 
the nature of the business conducted by Ethos Capital, the Board of the Company has decided to 
adopt net asset value per share (“NAVPS”) as the relevant measure for trading statement and 
short-form announcement purposes. 

As an investment entity, Ethos Capital’s business and its strategy is to enhance the net asset value 
per ordinary share and to offer shareholders superior long-term capital appreciation by investing 
in unlisted private equity type investments.  Therefore, the sustainability of the NAVPS and growth 
thereon over a longer period of time is considered a more appropriate measurement of financial 
performance, in comparison to headline earnings per share and earnings per share. 

 
Johannesburg 
17 March, 2017 
 
Sponsor 
RAND MERCHANT BANK (A division of FirstRand Bank Limited) 
 

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