ata-about-sliders-bg2 ATA FUND III INVESTMENTS


December 2019



South Africa







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

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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.

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