Africa Bitcoin Corporation Limited · JSE:BAC
Africa Bitcoin — Altvest Capital — Investor Presentation (February 2025)
48 slides from Africa Bitcoin's investor presentation, February 2025
Slide 1: Introduction to Altvest Capital | Q1 2025
INTRODUCTION TO ALTVEST CAPITAL | Q1 2025 Altvest Capital Ltd employs Altvest Wealth (Pty) Ltd, FSP 48510, to undertake FAIS-regulated activities. 1
Slide 2: Introduction to Altvest
INTRODUCTION TO ALTVEST What we do: Our value add to South Africa: • Provides SME’s access to debt and equity funding solutions; • Access to alternative capital pools for entrepreneurs; • Allows all types of investors, to co-fund these capital needs and • A focus on woman empowerment; • In so doing
Slide 3: Who Altvest Is
WHO ALTVEST IS A PLATFORM THAT ENABLES INVESTORS ENTREPRENEURS Cost effective mechanism to invest in and gain exposure to Raise capital from retail & alternative assets institutional investors Support entrepreneurs by Raise equity or debt from participating in their capital capital markets raising E
Slide 4: Altvest is internationally recognised as a leading ESG initiative
ALTVEST IS INTERNATIONALLY RECOGNISED AS A LEADING ESG INITIATIVE Altvest has won an Environmental Finance’s Sustainable Investment award and an International Finance Award Awarded to asset owners, fund and portfolio Best ESG Investment management companies that demonstrate new Initiative of the Yea
Slide 5: How it works
HOW IT WORKS: Altvest acquires stakes in qualifying entities, funded by listing instruments primarily on the JSE (AltX) The listed hybrid instruments represent the economic value of the underlying investment opportunities E.g. proceeds from Listed hybrid instrument 2 were used to fund the acquisitio
Slide 6: Examples of how our platform has raised millions for SMEs
EXAMPLES OF HOW OUR PLATFORM HAS RAISED MILLIONS FOR SMEs UMGANU BAMBANANI ALTVEST CREDIT LODGE FAMILY OPPORTUNITIES FUND Umganu Lodge is a ultra luxury 5-bedroom Villa Bambanani is a unique family-centric restaurant ACOF offers secured & tailored financing on the banks of the Sabie River with locat
Slide 7: How our equity instruments have performed in the market
HOW OUR EQUITY INSTRUMENTS HAVE PERFORMED IN THE MARKET As of 20 February 2025 Umganu Performance 14.7% gain since intial listing R1,89 R1,72 Altvest Share Price vs Altvest NAV per Share R1,50 28% gain since initial listing R6.40 Bambanani Performance 9% gain since initial listing R5,00 ACOF Perform
Slide 8: All our investment offerings in a nutshell
ALL OUR INVESTMENT OFFERINGS IN A NUTSHELL Equity 01 Instruments 02 Debt/Fixed Income Instruments Asset Description Alternatives Asset Manager Target Return IRR c 24% - 26% Asset Description Private Debt Available Through Any JSE-accredited broker Target Return SA Prime + 2% Available Through Perese
Slide 9: Altvest's broader goal
ALTVEST’S BROADER GOAL In a nutshell, Altvest is dedicated to expanding alternative investments to retail and institutional investors To achieve this goal, the following table illustrates the broader set of existing and planned portfolios offering innovative investment opportunities in high-growth S
Slide 10: Entrepreneurial funding cycle & Altvest's role
ENTREPRENEURIAL FUNDING CYCLE & ALTVEST’S ROLE Altvest Capital aims to provide tailored funding solutions at every stage of an entrepreneur’s journey, ensuring businesses receive the right support at each level of maturity, allowing businesses to scale affectively while preserving equity value Curre
Slide 11: How to reach us
HOW TO REACH US WARREN WHEATLEY CEO Email: warren@Altvestcapital.co.za AKSHAY KARAN CIO Email: akshay@Altvestcapital.co.za 11 Main Deck Annexure 1 : More Info on Altvest Capital Annexure 2 : More info on ACOF & Pooled Offerings Annexure 3: Directors, Investment Committee & Team Annexure 4: Company I
Slide 12: Annexure 1
ANNEXURE 1 Additional Information on Altvest Capital 12
Slide 13: Our value add is focused on businesses, investors and broader society
OUR VALUE ADD IS FOCUSED ON BUSINESSES, INVESTORS AND BROADER SOCIETY FOR FOR FOR BUSINESSES INVESTORS SOCIETY Provide capital solutions aimed at Access to asset classes that are diversified, Democratise access to private equity by addressing the lack of fit-for-purpose funding difficult to access,
Slide 14: Altvest's investment strategy premised on supporting strong businesses at the right valuation
ALTVEST’S INVESTMENT STRATEGY IS PREMISED ON SUPPORTING FUNDAMENTALLY STRONG BUSINESSES AT THE RIGHT VALUATION Key principles driving our investment strategy ALIGNMENT OF PROTECTION OF UNDERVALUED ATTRACTIVE VALUE INVESTING STAKEHOLDER PARTNERSHIP CAPITAL BUSINESSES BUSINESS MODEL INTERESTS Our inve
Slide 15: Our opportunities are sourced via an innovative, multi-channel strategy
OUR OPPORTUNITIES ARE SOURCED VIA AN INNOVATIVE, MULTI-CHANNEL STRATEGY Key principles driving our investment strategy THE IDEAL FIT OPPORTUNITY SELECTION Our ideal investment partner demonstrates traits of a We have created a multi-platform, multi-channel investment sourcing model that combines the
Slide 16: Philosophy of shared value between excluded communities and capital markets
ALTVEST IS COMMITTED TO A PHILOSOPHY OF SHARED VALUE BETWEEN PREVIOUSLY EXCLUDED COMMUNITIES AND CAPITAL MARKETS OUR UNDERSTANDING PHILOSOPHY OUR PROCESS We believe investment opportunities should not neglect those who need Our philosophy drives our investments process, we believe growth is them the
Slide 17: Operating model keeps us close to investment companies
AND OUR OPERATING MODEL ENSURES THAT WE REMAIN CLOSE TO INVESTMENT COMPANIES, BOTH DURING AND AFTER LISTING SHAREHOLDER EXECUTIVE MANAGEMENT PERFORMANCE MANAGEMMENT CORPORATE ENGAGEMENT SUPPORT & CAPITAL ALLOCATION GOVERNANCE We foster collaborative relationships with Engage with CEO / CFO / Board r
Slide 18: Altvest has reached several milestones so far
…AND ALTVEST HAS REACHED SEVERAL MILESTONES SO FAR 2021 May Incorporation of Altvest Capital Sep The first tranche of ACOF Shares, lists with a total of ~R1,6 million being raised 2022 May Altvest Capital Ordinary Shares listed on the CTSE with a R50 million market cap. Nov ACOF receives its first i
Slide 19: Altvest has integrated ESG into every part of the investment process
ALTVEST HAS ACTIVELY INTEGRATED ESG INTO EVERY PART OF THE INVESTMENT PROCESS INVESTMENT ESG STEP INTERGRATION Community input to ensure prospective Origination investments represent desired, yet unattainable, asset classes Investment scorecard explicitly includes Evaluation and execution environmen
Slide 20: Annexure 2
ANNEXURE 2 More Information on ACOF & Pooled Offerings 20
Slide 21: Altvest Credit Opportunities Fund (ACOF) lending platform
While our equity funding solutions have proven to be highly successful, not all SMEs require such long-term and strategic funding support Our solution is the Altvest Credit Opportunities Fund (“ACOF”). ACOF is a lending platform, providing affordable loans to SMEs to fund their growth 21 Main Deck A
Slide 22: Introduction to the Altvest Credit Opportunities Fund
INTRODUCTION TO THE ALTVEST CREDIT OPPORTUNITIES FUND What is ACOF? Our business focuses on delivering economic value and ACOF specialises in providing smart funding solutions to SMEs by impact to 3 groups offering tailored funding for working capital, asset finance, and energy projects Investors A
Slide 23: Key fund highlights
KEY FUND HIGHLIGHTS PRICING IMPACT PRODUCTS RETURNS Our loans are priced Our impact credentials Structured finance with a o Debt: SA Prime +2% between 18%-28%a.p.r, can lower the borrowing focus on working capital, based on the product cost for SMEs by up to asset-backed finance and o Equity: IRR =
Slide 24: Early impact: our first 10 months
EARLY IMPACT: OUR FIRST 10 MONTHS We’ve made a significant impact in our first 10 months, fully deploying our 1st mandate & in the process of deploying the 2nd R219 million Funding to 27 SMEs in 17 distinct Deployed as at FY2025 Interim Reporting 475 economic sectors Jobs have been saved as at FY202
Slide 25: ACOF investment structure
ACOF INVESTMENT STRUCTURE ACOF will aim to raise debt and equity capital via listed markets, and on-lend that capital to SME’s, with preference given to women-owned and/or managed and/or staffed businesses in South Africa Fund Manager Asset Management Agreement Ordinary Shareholding Preferred Ordina
Slide 26: Investment terms
INVESTMENT TERMS Fund Structure Structure Open - ended Fund Manager Altvest Capital Ltd Subscription Method Equity/DMTN Program Instrument - Direct Ord & Pref Shares & Debt Notes Redemption Notice None Basic Terms Ordinary Altvest Class C Debt Shareholding (ALV C) Funding Target Capital Raise Up to
Slide 27: ACOF collaborations with the JSE, MTN & NSBC
SO FAR ACOF HAS COLLABORATED WITH THE JSE, MTN & NSBC ACOF aims to broaden SME access to funding and mentorship The JSE has partnered with the Western Cape government to support SMEs with funding solutions. ACOF participates in this programme as a capital provider. The programme allows ACOF to: • Pr
Slide 28: How to access pooled portfolios - Altvest Wealth
HOW TO ACCESS POOLED PORTFORLIOS - ALTVEST WEALTH Altvest Wealth is an integrated, technology-enabled, platform that provides our retail investors with access to a suite of investment opportunities Altvest Retirement Bookbuilds Annuity Wealth CLIENTS ONBOARDED Insurance & Endowments Wealth Altvest R
Slide 29: How retail investors can access our opportunities via Altvest Securities
HOW RETAIL INVESTORS CAN ACCCESS OUR OPPORTUNITIES VIA ALTVEST SECURITES DISCRETIONARY FUNDS RETIREMENT PRODUCTS TAX FREE STOCK RETIREMENT PRESERVATION MY COMPANY SAVINGS BROKING ANNUITIES FUND FUND ACCOUNT POWERED BY ALTVEST POWERED BY STRATEGIC POWERED BY 27FOUR POWERED BY POWERED BY SECURITIES PA
Slide 30: Our pooled portfolios
OUR POOLED PORTFOLIOS ALTVEST ALTVEST OPPORTUNITIES GROWTH FUND FUND Equity building block offering A Regulation 28 compliant diversified exposure to alternative mid-high risk investments balanced portfolio 30 Main Deck Annexure 1 : More Info on Altvest Capital Annexure 2 : More info on ACOF & Poole
Slide 31: Altvest Opportunities Fund
ALTVEST OPPORTUNITIES FUND Equity building block offering diversified exposure to alternative investments. Investment Advisor: Altvest Capital Ltd Investment Manager: 27 Four Investment Managers (Pty) Ltd, a category il licensed financial service provider, FSP No: 31405 Fund Legal Structure: Life Po
Slide 32: Altvest Opportunities Fund
ALTVEST OPPORTUNITIES FUND FUND DESCRIPTION ALTVEST OPPORTUNITIES The Altvest Opportunities Fund is a high risk portfolio providing Altvest provides for the investment into and secondary market sector diversification by investing in cross section of industries in trading of SPV’s owning single insti
Slide 33: Altvest Opportunities Fund
ALTVEST OPPORTUNITIES FUND POTENTIAL SECTOR ALLOCATION FUND INFORMATION Altvest Capital has curated a basket of Private Equity and SME opportunities and will continue to enhance the diversity of investments to generate superior risk-adjusted Financial returns. 14,20% Services 8,28% Property The bene
Slide 34: Annexure 3
ANNEXURE 3 Altvest Executive Committees & Board of Directors 34
Slide 35: Altvest Capital Directors
ALTVEST CAPITAL DIRECTORS In order to drive our best practices, our team is well conceptualised. We understand that, in order to succeed, we must attract the right people to our firm. As such, our board is rich with experience. STAFFORD MASIE WARREN WHEATLEY FAY MUKADDAM HENK BARNHOORN • Stafford Ma
Slide 36: Altvest Capital Directors
ALTVEST CAPITAL DIRECTORS In order to drive our best practices, our team is well conceptualised. We understand that, in order to succeed, we must attract the right people to our firm. As such, our board is rich with experience. BRIGHT KHUMALO JOANNE BAYNHAM KHAYA SITHOLE GG ALCOCK • Khaya has 20+ ye
Slide 37: ACOF External Investment Committee
ACOF EXTERNAL INVESTMENT COMMITTEE The Altvest Credit Opportunities Fund Board of Directors brings an exceptional level of experience, diversity, track record and energy. MAZVITA EWA SNOWY SIBONGILE LAURA AMANDA MARADZIKA HARCOURT- MASAKELE MAPUTLA DEERING KABAGAMBE WOOD • 20+ years of experience •
Slide 38: ACOF Internal Investment Committee
ACOF INTERNAL INVESTMENT COMMITTEE The Altvest Credit Opportunities Fund Board of Directors brings an exceptional level of experience, diversity, track record and energy. AKSHAY TATUM CHRIZELLE NICOLAS WARREN REGGIE KARAN KESHWAR VAN DER MUGISHA WHEATLEY DLAMINI COLFF • 10 + years of experience in •
Slide 39: ACOF Board of Directors
ACOF BOARD OF DIRECTORS The Altvest Credit Opportunities Fund Board of Directors brings an exceptional level of experience, diversity, track record and energy. EWA NORMA SNOWY TATUM AKSHAY WARREN HARCOURT- SEPHUMA MASAKALE KESHWAR KARAN WHEATEY WOOD • 20 + years of experience in • 20+ years of exper
Slide 40: Altvest & ACOF Execution Team
ALTVEST & ACOF EXECUTION TEAM WARREN WHEATLEY CHRIZELLE VAN DER COLFF • 20+ years of experience across Asset Management, Private Equity, Banking and Institutional Capital • 20+ years of experience in Banking, Operations, Marketing and Business Optimization Markets • Advanced Diploma in Wealth Manage
Slide 41: Altvest & ACOF Execution Team
ALTVEST & ACOF EXECUTION TEAM SHEENA SINGH NICOLAS MUGISHA • ~20 years of experience in Banking, Operations and Process Optimization • ~ 10 years of experience in Management Consulting and Digital Media • Bachelor of Commerce in Business Administration (NQF 7) • Nic has a degree in Finance and Accou
Slide 42: Altvest & ACOF Execution Team
ALTVEST & ACOF EXECUTION TEAM ROSS MORLEY-JEPSON • 2 years of experience spanning investment analysis, venture capital & private equity • Bachelor of Commerce Majoring in Finance (UCT) PRIOR EXPERIENCE • Vice President - University of Cape Town Investment Society • Intem Analyst at 10x Value Partner
Slide 43: Staff Statistics
STAFF STATISTICS Fully compliant KING IV board BEE Level 2 Average Age of Execution Team: 36 Average Age of Non-Executive Board Members: Over 47 Over 200 years of combined experience 72% Black Staff Three Intern Investment Analysts 43 Main Deck Annexure 1 : More Info on Altvest Capital Annexure 2 :
Slide 44: Annexure 4
ANNEXURE 4 Additional company information 44
Slide 45: Altvest Ownership Structure
ALTVEST OWNERSHIP STRUCTURE Shareholders Shares Held % WGW Capital (Pty) Ltd 3,402,741 34.03% Tatum Keshwar Investments (Pty) Ltd 1,694,712 16.95% Dorsia Holdings (Pty) Ltd 800,000 8.0% Rob Hersov 700,000 7.0% Aurelius Media (Pty) Ltd 608,173 6.08% Intaba Fund 2 En Commandite Partnership 600,000 6.0
Slide 46: We are Level Two B-BBEE
WE ARE LEVEL TWO B-BBEE AND EXPECT TO BE LEVEL 1 ON OUR NEXT REVIEW B-BBEE GENERIC ENTERPRISE VERIFICATION CERTIFICATE Awarded to: ALTVEST CAPITAL LTD Registration No: 2021/540736/06 VAT No: 4950300329 Block B, 66 Rivonia Road, Chislehurston, Sandton Gauteng 2146 According to Codes Series 100 with t
Slide 47: General Information
GENERAL INFORMATION Registered Name Alvest Capital Registration Number 2021/540736/06 Registration Address Block B, 66 Rivonia Road Chislehurston, Sandton Gauteng 2146 Website https://altvestcapital.co.za/ BBE Level Level 2 Tax Number 9618362199 VAT Number 4950300329 Altvest Capital - ALV Umganu Lod
Slide 48: Confidentiality Disclaimer
CONFIDENTIALITY DISCLAIMER This confidential document has been prepared by Altvest Credit Opportunities Certain statements in this document (other than the statements of historical fact) may contain Fund Proprietary Limited (“Altvest Credit”).This document has been prepared forward-looking statement
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