Virgin not yet ready for listing, Ethos Capital CEO says
Peter Hayward-Butt says ‘business and consumer sentiment are the bellwethers of economic growth’
27 September 2023 - 09:55
Gym group Virgin Active is not ready to be listed yet, says Peter Hayward-Butt, CEO of Ethos Capital, the private equity firm that manages and part owns the gym chain’s owner, Brait.
Ethos, which offers investors access to its portfolio of mostly unlisted assets such as Twinsaver, Primedia, Optasia and TymeBank, reported that its basic net asset value (NAV) per share grew 0.8% year on year to R8.56 in the year to end-June. ..
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