Truffle Asset Management acquired an unknown minority stake in WILSON BAYLY HOLMES - OVCON LIMITED.

Wilson Bayly Holmes-Ovcon Limited is one of the South African largest building and civil engineering works groups. Net sales break down by activity as follows: - building construction and civil engineering (73.7%): shopping centers, commercial buildings, hotels, hospitals, housings, etc.; - construction of road and mining infrastructures (24.1%); - sale of construction materials (2.1%); - property development (0.1%). Net sales are distributed geographically as follows: South Africa (26.7%), Africa (5.8%), Australia (53.5%) and the United Kingdom (14%).