Sabvest is an investment group which has been listed on the JSE since 1988. Its 17m ordinary shares and 24,3m ‘N’ ordinary shares are quoted in the Equities Investment sector of the JSE. The ordinary shares carry 500 votes each and the ‘N’ ordinary shares carry one vote each. The Seabrooke Family Trust (SFT) is the controlling shareholder of Sabvest.
Sabvest has interests in nine unlisted investments, direct and indirect interests in six listed investments and an offshore bond portfolio, all accounted for on a fair value basis. Two of the listed investments are classified as current assets held for sale.
Sabvest also makes finance advances, holds general debt, share and cash portfolios and undertakes other fee, finance and profit earning activities from time to time.