KAP LIMITED - Dealings in shares transfer of shares from a director to an associate

Dealings in shares – transfer of shares from a director to an associate

KAP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
Company Alpha Code: KAP
LEI code: 3789001F51BC0045FD42
('KAP' or 'the Company')

DEALINGS IN SHARES – TRANSFER OF SHARES FROM A DIRECTOR TO AN ASSOCIATE

Shareholders are advised that the chief financial officer of the Company, Mr Frans Olivier ("Director"), sold KAP
ordinary shares to his associate, which transfer of shares does not affect the aggregate shareholding of the
Director and his associates in KAP.

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, details of the transfer are
disclosed in the table below:

 NAME OF DIRECTOR                                   FH Olivier

 COMPANY OF WHICH A DIRECTOR                        KAP Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                    Executive director

 TYPE AND CLASS OF SECURITIES                       Ordinary shares

 NATURE OF TRANSACTIONS                             (1)   Off-market transaction in terms of which the Director
                                                          sold ordinary shares to his associate, The
                                                          Mashoweng Trust
                                                    (2)   Off-market transaction in terms of which The
                                                          Mashoweng Trust, an associate of the Director,
                                                          acquired ordinary shares from the Director

 DATE OF TRANSACTION                                28 February 2025

 NUMBER OF SECURITIES TRANSACTED                    339 991

 PRICE PER SECURITY (CENTS)                         264 (being the market price per share at close of
                                                    business on 27 February 2025)

 TOTAL RAND VALUE OF SECURITIES                     R897 576.24
 TRANSACTED

 NAME OF ASSOCIATE                                  The Mashoweng Trust

 RELATIONSHIP WITH DIRECTOR                         The Director is a trustee and beneficiary of The
                                                    Mashoweng Trust

 NATURE AND EXTENT OF INTEREST IN                   (1)   Sale of shares by the Director: Direct beneficial
 THE TRANSACTIONS                                   (2)   Acquisition of shares by associate: Indirect
                                                          beneficial

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings Requirements.

Stellenbosch
4 March 2025

Sponsor
PSG Capital

Date: 04-03-2025 02:00:00
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