Supreme Ventures to Divest Its Evolve Loan Portfolio to Dolla

• Supreme Ventures Ltd. (SVL) announced that initial discussions are underway with Dolla Financial Services Limited to divest its Evolve Loan Co’s loan portfolio and selected assets, including its digital lending solutions to the company.
• The planned transaction represents a deliberate capital management initiative aimed at optimising group balance sheet efficiency, reducing credit risk concentration and improving risk-adjusted returns, while maintaining exposure to future value creation in the loan portfolio.
• Following the divestment, Evolve will pivot toward an asset-light operating model with a strategic focus on loan origination, digital enablement, and fee-based income streams. This shift is expected to improve returns on capital while reducing balance sheet risk.
• The acquisition supports Dolla’s growth strategy by expanding scale and strengthening its lending platform. For Supreme Ventures, the transaction enhances capital flexibility while preserving participation in future value creation through its 15% equity ownership in Dolla Financial Services Limited.
• SVL’s stock price has declined by 30.1% throughout the 2025 calendar year, closing at $17.38 on December 31, 2025. At this price, the stock closed at a price-to-earnings (P/E) ratio of 23.4x, which is higher than the Main Market average of 13.4x.

(Sources: JSE & NCBCM Research)