TRUSTCO GROUP HOLDINGS LIMITED - Closed Period: Share Repurchase Programme

Closed Period: Share Repurchase Programme

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
JSE share code: TTO
NSX share code: TUC
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
("Trustco" or "TGH" or "Company")


CLOSED PERIOD: SHARE REPURCHASE PROGRAMME


Shareholders are advised that the Company has, in compliance with paragraph 5.72(h) of
the Listings Requirements of the JSE Limited ("JSE"), established a share repurchase
programme in terms of which the Company, either directly or through a subsidiary company,
may repurchase ordinary shares during its closed period ("Repurchase Programme").


The maximum number of shares that can be repurchased in terms of the Repurchase
Programme will be 188,247,688 ordinary shares if acquired by TGH and 94,123,844
ordinary shares if acquired by a subsidiary/investee entity of TGH.


This closed period commences on 1 September 2024 and terminates on or about 30
November 2024, or when the Company publishes its financial information for the period
ended 31 August 2024.


The shares may be repurchased at a maximum premium of 10% (ten percent) of the
weighted average trading price of Trustco shares over the 5 business days immediately
preceding any particular repurchase.


The repurchase will be effected in accordance with the Listings Requirements of the JSE
Limited and the general authority to repurchase shares granted by Trustco's shareholders
at the annual general meeting held on 1 February 2024.


Trustco has appointed one agent to effect the repurchase.


Windhoek, Namibia,
30 August 2024


Komada Holdings (Pty) Ltd
Company Secretary and Investor Relations Services to Trustco Group
Holdings Limited


JSE Sponsor
Vunani Sponsors


NSX Sponsor
Simonis Storm Securities Proprietary Limited – Windhoek


OTCQX Sponsor
J.P Galda & Co – New York


Date: 30-08-2024 01:05:00
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