REMGRO LIMITED - Update on the acquisition of an interest in Maziv by Vodacom

Update on the acquisition of an interest in Maziv by Vodacom

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN ZAE000026480
JSE and A2X share code REM
("Remgro")

UPDATE ON THE ACQUISITION OF AN INTEREST IN MAZIV BY VODACOM

Shareholders are referred to the announcement on SENS on
10 November 2021 and further updates on 15 May 2023, 10 August
2023, 28 November 2023, 29 October 2024, 26 November 2024,
29 November 2024, 9 December 2024, 15 January 2025 and 31 January
2025. These announcements set out details of Vodacom Proprietary
Limited's ("Vodacom") proposed acquisition of a 30% interest in
a newly formed entity Maziv Proprietary Limited ("Maziv") that
would house all the material assets owned by Community
Investment Ventures Holdings Proprietary Limited, including
Vumatel Proprietary Limited and Dark Fibre Africa Proprietary
Limited (the "transaction").

Shareholders are advised that the transaction parties have
subsequently agreed to further extend the transaction long stop
date to 14 March 2025.

Shareholders are also referred to the Vodacom announcement
published on SENS today.

Stellenbosch
14 February 2025

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14-02-2025 05:00:00
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