This business plan (the “Plan”) has been prepared by the directors of NexusGrainFresh Global Foods (Pty) Ltd (“NexusGrainFresh”, the “Group” or the “Company”) solely to assist prospective financiers, development finance institutions and equity investors in evaluating a potential participation in the Group’s ZAR 1.85 billion capital-raising programme. It does not constitute an offer, invitation or solicitation to subscribe for or purchase any security.
The financial projections contained herein are forward-looking and rest on assumptions management considers reasonable at the date of preparation. The headline revenue and EBITDA figures reflect the sponsor’s operating targets; all items below EBITDA, depreciation, financing costs, taxation and returns, have been independently re-derived by the preparers under the transparent assumptions set out in the Financial Plan and Appendices. Agro-processing and commodity trading are inherently exposed to price, currency, working-capital and execution risk; actual results will differ from projections, potentially materially. The blended processing margin, the pace of the value-add mix-shift, working-capital intensity and the rand/dollar exchange rate are the dominant value drivers and are stress-tested explicitly herein.
Where this Plan cites third-party market and industry data, including pulse and grain market statistics, commodity-price benchmarks and the AGT Foods comparable, such data is believed reliable but has not been independently verified by the Company. Capacity, throughput and margin figures used for modelling are indicative planning assumptions benchmarked to the South African agro-processing industry and do not constitute an independent operational or valuation report; detailed operational due-diligence and independent valuation would form part of formal transaction diligence.
NoteAnalytical independence
Consistent with bankability standards, the modelling preserves the sponsor’s revenue and EBITDA targets but re-derives net profit from first principles, applying straight-line depreciation of processing, milling, storage and logistics assets from commissioning, full cash interest on drawn debt, and a 27% corporate tax charge with assessed-loss carry-forward. Where our re-derived figures differ from the sponsor’s stated numbers, we disclose the variance openly.
By accepting this document, the recipient agrees to keep its contents confidential, to use it solely for evaluating the transaction described, and to return or destroy it on request. Prospective investors should conduct their own due diligence and obtain independent legal, tax, agronomic and financial advice before making any investment decision.