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News

News

Update on Retention Fund – March 2024

Update on Retention Fund – Non-payment of the interest coupon on the Martius notes. Further to our previous notifications, updates and communications, investors in the MiPlan IP Enhanced Income Retention Fund are notified that Martius (RF) Limited issued a further SENS Cautionary Announcement today, Wednesday, 13 March 2024, confirming that no interest will be paid…

Update on Retention Fund – February 2024

Notification Of Impairment Of Side-Pocketed Assets Investors in the MiPlan IP Enhanced Income Retention Fund are notified that Vunani Fund Managers have decided to decrease the fair value of the side-pocketed Redink and Martius instruments in the Retention Fund. The notification from Vunani Fund Managers is set out below, which includes the rationale for and…

Communication from Vunani Fund Managers – Exposure to Bridge Taxi Finance 6 and 8 SPVs (Special Purpose Vehicles) – February 2024

Mi-Plan 1st Floor, Mariendahl House Newlands on Main Newlands 7700 Cape Town   26 February 2024 Attention: Anton Turpin Re: Instruments exposed to Bridge Taxi 6 and 8 SPVs   Vunani Fund Managers would like to advise you of specific instruments in your clients’ investment portfolio that have been impacted by recent economic challenges in…

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