WE BUY CARS HOLDINGS LIMITED - Disclosure of Acquisition of Securities

Disclosure of Acquisition of Securities

WE BUY CARS HOLDINGS LIMITED
(previously WBC Holdings Proprietary Limited)
Incorporated in the Republic of South Africa
Registration number 2020/632225/06
JSE Share code: WBC
ISIN: ZAE000332789
("WeBuyCars" or "the Company")


DISCLOSURE OF ACQUISITION OF SECURITIES


In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended ("Companies Act"),
and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that the
Company has received formal notification in the prescribed form from the Public Investment Corporation SOC
Limited ("PIC"), advising that it has acquired a beneficial interest in securities of the Company, such that the
total of all beneficial interests held by it amounts to 8.709% of the total issued shares of the Company.

The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with the Takeover
Regulation Panel.

The board of the Company accepts responsibility for the information contained in this announcement and
confirms that, to the best of its knowledge and belief, such information accurately reflects the information
contained in the TRP 121.1 form received by the Company from the PIC and that this announcement does
not omit anything likely to affect the importance of the information contained in this announcement.

Centurion
22 May 2024


Joint Sponsors to WeBuyCars
PSG Capital                Pallidus Exchange Services

Date: 22-05-2024 10:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.