CURRO HOLDINGS LIMITED - General repurchase of ordinary shares

General repurchase of ordinary shares

CURRO HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Share Code: COH
ISIN: ZAE000156253
LEI: 378900E237CB40F0BF96
Company Alpha Code: COHI
("Curro" or "the Company")

GENERAL REPURCHASE OF ORDINARY SHARES

At the annual general meeting of the Company held on 14 June 2023 ("AGM"), shareholders, by
special resolution, granted a general authority to the board of directors of the Company ("Board")
to repurchase up to 20% of the issued ordinary share capital of the Company, on the terms and
subject to the conditions specified in the notice of AGM ("General Authority").

Shareholders are hereby advised that, during the period commencing on 15 June 2023 to
6 March 2024, the Company has repurchased an aggregate of 21 201 450 shares, representing
3.546% of the issued ordinary share capital of the Company as at the date on which the General
Authority was granted. The aforementioned shares were repurchased for an aggregate value of
R211 361 183.01, funded out of the Company's available cash resources, as follows:

 Date of            Aggregate           Highest price   Lowest price    Aggregate value
 repurchases        number of shares    per share       per share
                    repurchased         repurchased     repurchased
 15 June 2023 to    21 201 450          R11.50          R7.48           R211 361 183.01
 6 March 2024

The repurchases were made in terms of the General Authority granted by shareholders at the
AGM and were effected through the order book operated by the JSE Limited ("JSE") trading
system, without any prior understanding or arrangement between the Company and the
counterparties. The requirements for the general repurchase of shares in terms of
paragraph 5.72(a) of the JSE Listings Requirements, have been complied with.

The repurchases between 3 July 2023 and 3 August 2023 and between 3 January 2024 and
4 March 2024 took place in accordance with repurchase programmes submitted to the JSE prior
to the commencement of the relevant prohibited periods, in terms of paragraph 5.72(h) of the JSE
Listings Requirements.

The shares repurchased have been and/or will be de-listed and cancelled by the date of this
announcement or as soon as possible hereafter as the JSE may permit.

In terms of the General Authority, the Company may repurchase up to a further 98 390 869 shares
(representing 16.454% of the shares in issue as at the date on which the General Authority was
granted), which General Authority will remain valid until the Company's next annual general
meeting.

As at the date of this announcement, the Company held 11 722 617 shares in treasury. The impact
of the repurchases of the shares on the financial position of the Company is immaterial, as the
repurchases were funded out of the Company's available cash resources.

OPINION OF THE BOARD

The Board has considered the effect of the repurchases and is of the opinion that, for a period of
12 months following the date of this announcement:

-    the Company and its subsidiaries ("Group") will be able, in the ordinary course of business,
     to repay their debts;
-    the consolidated assets of the Company and the Group will be in excess of the consolidated
     liabilities of the Company and the Group;
-    the Company's and the Group's share capital and reserves will be adequate for the ordinary
     business purposes of the Company and the Group; and
-    the Company and the Group will have sufficient working capital for ordinary business
     purposes.

Durbanville
7 March 2024

Equity and Debt Sponsor
PSG Capital

Date: 07-03-2024 12:45:00
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.