ata-about-sliders-bg1 ATA FUND II INVESTMENTS
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TRANSACTION CLOSE DATE

December 2019

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LOCATION

South Africa

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SECTOR

Mining

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SHAREHOLDING

38.8%

Sector: Mining 

Type: Entrepreneurial mid-tier coal mining company

Established: 2013

Status: Majority direct interest in New Clysdale Colliery, North Block Complex, and Ubuntu Colliery coal assets, alongside Universal Coal

USPs: Well-established working relationship with key clients with long dated coal supply agreements

Co-investors:  Founding shareholders

Why we invested

  • Diversified asset portfolio
  • Strong, technically competent management team
  • Strong balance sheet, high-margin assets generating solid cash flows with low gearing ratios

FAIS Act Disclaimer

Ata Capital (Pty) Ltd (Registration Number 2006/028451/07) is an authorised Category I and II Financial Services Provider (“FSP”) in terms of the Financial Advisory and Intermediary Services Act, 37 of 2002 (“FAIS Act”) with FSP number 46869. The information and/or opinions contained herein should not be construed as advice as defined in the FAIS Act; neither do they constitute a solicitation, invitation or investment recommendation. Investors should take cognisance of the fact that there are risks involved when buying, selling or investing in any financial product. The value of investments may fall as well as rise, and investors may not recover the capital invested.

Given that value of investments will fluctuate over time and that past returns may not be indicative of future performance, investors should seek independent professional financial, legal and tax advice relevant to their individual circumstances before making any investment decision. The validity and accuracy of any illustrations, forecasts or hypothetical data are not guaranteed and are provided for illustrative purposes only.

Conflict of Interest

A copy of the latest version of our Conflict of Interest Policy can be obtained by sending an emailed request to info@atacapital.co.za

POPIA Compliance

Ata Capital’s data management policies are aligned with, and comply with, the provisions of the Protection of Personal Information Act, 4 of 2013 (“POPI Act”). A copy of our POPIA Manual can be obtained by sending an emailed request to info@atacapital.co.za

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