AFRICAN RAINBOW MINERALS LIMITED - Dealing in Securities by a Director of ARM

Dealing in Securities by a Director of ARM

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
("ARM" or "the Company")

DEALING IN SECURITIES BY A DIRECTOR OF ARM

In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the
JSE Limited ("the Listings Requirements"), we hereby provide the following
information regarding dealings in ARM securities by a Non-Executive Director
of ARM:

Name of director               Jan Christiaan Steenkamp
Category of director           Non-executive Director
Date of transactions           16 April 2024
Nature of transactions         On-market sale of shares
Class of securities            Ordinary shares
Number of securities           20 000 shares
Selling price of securities    20 000 shares with a volume weighted average
                               price of R195.0298 per share (with a low of
                               R194.46 per share and a high of R196.80 per
                               share).
Value of transactions          R3 900 595.18.
Nature of interest             Direct, beneficial

The requisite clearance and approvals for this transaction were obtained in
compliance with the securities dealing policies and procedures of ARM and
paragraph 3.66 of the Listings Requirements.

Sandton
17 April 2024

Sponsor to ARM:
Investec Bank Limited


Date: 17-04-2024 04:00:00
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