Programme Memoradnum
The original Programme Memorandum, dated 10 August 2022, was registered and approved by The Cape Town Stock Exchange Proprietary Limited (formerly 4 Africa Exchange Proprietary Limited) ("CTSE") on 5 August 2022. The Programme Memorandum was amended by this Programme Memorandum, dated 6 August 2024, which was registered/accepted by the CTSE on 2 August 2024.
Fixed Rate Note
The company raises investment capital through the issue of Notes, under the Programme, pursuant to the Programme Memorandum. The proceeds of the issue of a Tranche of Notes are used to invest in various equity-type and debt-type instruments issued by certain unlisted going-concern businesses.
Business of nReach Capitis SPV ONE
nReach Capitis SPV's business will, following the Programme Date, comprise the raising of investment capital through the issue of Notes, under the Programme, under the Programme Memorandum.
The proceeds of the issue of a Tranche of Notes will be used to invest in various equity-type and debt-type instruments issued by certain unlisted going-concern businesses, ideally in those businesses where nReach Capitis SPV ONE has already invested as a General Partner and Fund Manager under its various fund platforms.
The various equity-type and debt-type instruments in which the proceeds of the issue of a Tranche of Notes will be invested in those investments which are identified and approved by nReach Capitis SPV ONE.