PSG ALPHA INVESTMENTS

(previously PSG Private Equity*)

Chief executive officer Nico de Waal
Managed by the PSG Exco

PSG Alpha Investments is an investment company and is a subsidiary of the JSE listed PSG Group. Its investment mandate is to invest in and support companies with exceptional growth potential that could become significant assets in the broader PSG Group. Its portfolio currently comprises of investments in the education, services and technology sectors.

*PSG Alpha (previously Paladin Capital Limited) was delisted from the JSE (AltX) in 2011 following its unbundling of Curro and the subsequent buy-out of the Paladin minority shareholders by PSG. Paladin minority shareholders realised a compounded annual return of 43% since listing in 2009. Paladin Capital was re-branded as PSG Private Equity in 2012 and as PSG Alpha in 2017.

PSG ALPHA INVESTMENTS
Investment Interest Description
Alaris Holdings 27% Technology group specialising in Defence and Specialised antennas
Carter 48% An innovative car buying platform that matches new car buyers with dealers
CA Sales 48% Agency and distribution services for fast moving consumer goods in Sub-Saharan Africa
CSG Holdings 13% Diversified outsourced services provider (personnel, security, mining, cleaning and catering services)
Energy Partners 53% Energy solutions provider
Evergreen Lifestyle 50% Developer and provider of retirement lifestyle living solutions
FutureLearn 93% Provider of innovative and accessible education solutions to schools, tutors, parents and learners
ITSI 73% Leading eLearning platform provider for schools and other institutions
Provest Group 51% Diversified mining services provider of secondary support and specialised mining solutions
SNC 56% Nanofiber technology business
Spirit Capital 49% Investment holding company focussed on leveraged transactions
Stadio Holdings 45% Higher Education Business
Educartis 20% Education listing website with Africa focus

For further information refer to www.psgalpha.com.