FINBOND GROUP LIMITED - Acquisition of 49% of Trustco Finance Namibia Update

Acquisition of 49% of Trustco Finance Namibia – Update

Finbond Group Limited
(Registration number: 2001/015761/06)
Share code: FGL ISIN: ZAE000138095
("Finbond" or "the Company" or "FGL")

ACQUISITION OF 49% of TRUSTCO FINANCE NAMIBIA – UPDATE

Finbond shareholders are referred to the announcements released on
SENS on 2 June 2023, 31 July 2023, 31 August 2023 and 29 September
2023 and are advised that the parties have agreed not to continue with
the transaction at this time, but may revisit it in future. Further
announcements will be made as and when required.

31 October 2023
Pretoria

Sponsor
Grindrod Bank Limited

Date: 31-10-2023 05:00:00
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.