ABSA GROUP LIMITED - Acquisition of securities by Citigroup Inc (Citigroup)

Acquisition of securities by Citigroup Inc (“Citigroup”)

ABSA GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
ISIN: ZAE000255915
JSE share code: ABG
JSE bond issuer code: ABGI
("Absa Group" or "the Group")


ACQUISITION OF SECURITIES BY CITIGROUP INC ("CITIGROUP")

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b)
of the JSE Listings Requirements, shareholders are hereby advised that Absa Group has received
formal notification from Citigroup that the company has acquired an additional interest in the
ordinary shares of the Group, such that the total interest in the ordinary shares of the Group held
by Citigroup now amounts to 5.005% of the total issued ordinary shares of the Group.

As required in terms of Section 122 of the Companies Act, the required notice has been filed with
the Takeover Regulation Panel.

The Board of directors of Absa Group accepts responsibility for the information contained in the
announcement, having received the form TRP121.1 from Citigroup and, to the best of their
respective knowledge, believe the information contained in the announcement is accordingly true.

Johannesburg
27 January 2025


Enquiries:
Nadine Drutman
E-mail: nadine.drutman@absa.africa

Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor:
Absa Bank Limited (Corporate & Investment Bank)

Date: 27-01-2025 04:35:00
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.