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AFRICAN RAINBOW CAPITAL INVESTMENTS LIMITED - Dealing in securities by associates of a director of a related company

Release Date: 26/04/2024 16:45
Code(s): AIL     PDF:  
Wrap Text
Dealing in securities by associates of a director of a related company

African Rainbow Capital Investments Limited
(Incorporated in the Republic of Mauritius)
(Registration number C148430)
JSE and A2X Share code: AIL
ISIN: MU0553S00000
("ARC Investments")

DEALING IN SECURITIES BY ASSOCIATES OF A DIRECTOR OF A RELATED COMPANY

In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following
dealing in ARC Investments securities by associates of a director of a related company:


       Name of director:                                 Dr Johan van Zyl
       Office held:                                      Director of the related company
       Name of related company:                          UBI General Partner Proprietary Limited, the
                                                         general partner of the ARC Fund*
       Name of associate of director:                    JC Vision 501 (Pty) Ltd ("transferor/seller")
       Relationship to director:                         Dr van Zyl is a director of the transferor/seller
       Name of associate of director:                    JC Vision 504 (Pty) Ltd
                                                         ("transferee/purchaser")
       Relationship to director:                         Dr van Zyl is a director of the
                                                         transferee/purchaser
       Date of transaction:                              24 April 2024
       Nature of transaction:                            Off-market sale, purchase and transfer of
                                                         securities
       Number of securities:                             7 633 202
       Class of securities:                              ARC Investments ordinary shares
       Purchase price per security:                      R3.86
       Total value of the transaction:                   R29 464 159.72
       Nature of interest:                               Indirect beneficial
       Clearance obtained:                               Yes


*ARC Investments is a Limited Partner in the ARC Fund, an en-commandite partnership. Full details of
the structure were disclosed in the Pre-Listing Statement published on 28 August 2017.

Ebene, Mauritius (with simultaneous circulation in Johannesburg)
26 April 2024

Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited

Date: 26-04-2024 04:45:00
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