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July 30, 2015 10:34 AM ET

Diversified Financial Services

Company Overview of Alexander Forbes Preference Share Investments Limited

Company Overview

Alexander Forbes Preference Share Investments Limited, a special purpose vehicle, engages in the issuance of preference shares and debentures. Its preference shares represent an interest in the ordinary and preference equity of Alexander Forbes Equity Holdings Proprietary Limited; and debentures represent an interest in the debt instruments issued by subsidiaries of Alexander Forbes Equity Holdings Proprietary Limited. The company was incorporated in 2006 and is based in Claremont, South Africa. Alexander Forbes Preference Share Investments Limited is a subsidiary of Alexander Forbes Equity Holdings Proprietary Limited.

200 on Main

3rd Floor

corner Main and Bowwood Roads

Claremont,  7708

South Africa

Founded in 2006

Key Executives for Alexander Forbes Preference Share Investments Limited

Group Chief Financial Officer and Director
Age: 50
Head of Investor Relations and Company Secretary
Public Officer
Compensation as of Fiscal Year 2015.

Alexander Forbes Preference Share Investments Limited Key Developments

Alexander Forbes Preference Share Investments Limited, Annual General Meeting, Sep 01, 2014

Alexander Forbes Preference Share Investments Limited, Annual General Meeting, Sep 01, 2014., at 11:15 South Africa Standard Time.

Alexander Forbes Mulls Acquisitions

Alexander Forbes Preference Share Investments Limited is seeking acquisitions. The company pared down its debt by restructuring its balance sheet and converting some debt instruments into ordinary equity. Chief Executive Officer, Edward Kieswetter, said, "In the past we grew organically. Now we can look at acquisitive opportunities. I believe if we can't do anything with the money we will give it back to shareholders." Alexander Forbes would look for opportunities in countries like Ghana and Tanzania where there was pension fund reform.

Alexander Forbes Preference Share Investments Limited Provides Unaudited Earnings Guidance for the Full Year Ended March 31, 2014

Alexander Forbes Preference Share Investments Limited provided unaudited earnings guidance for the full year ended March 31, 2014. When compared to the previous financial year, the basic earnings per linked unit in issue is expected to be 70% to 75% higher and headline earnings per linked unit is expected to be 20% to 25% higher than the prior reported period. This increase in earnings per unit is mainly due to the equity accounted profit resulting from AF Pref’s holding in Alexander Forbes Equity Holdings Proprietary Limited as a result of the profits recognised on the sale of subsidiaries as well as the accelerated unwind of the discount on the debenture.

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To contact Alexander Forbes Preference Share Investments Limited, please visit www.alexanderforbes.co.za. Company data is provided by Capital IQ. Please use this form to report any data issues.

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