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PREMIER GROUP LIMITED - Disposal of significant holding of Premier ordinary shares

Release Date: 01/10/2024 17:35
Code(s): PMR     PDF:  
Wrap Text
Disposal of significant holding of Premier ordinary shares

PREMIER GROUP LIMITED
(formerly Premier Group Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2007/016008/06)
ISIN: ZAE000320321
Share Code: PMR
("Premier" or "Company")

DISPOSAL OF SIGNIFICANT HOLDING OF PREMIER ORDINARY SHARES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended ("the Companies Act"), regulation
121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders
are hereby advised that the Company has received formal notification that Brait Mauritius Limited ("Brait") has decreased its
economic and beneficial interest in the ordinary shares of the Company by 1.06% and 0.63% respectively.

Brait's economic interest in the ordinary shares of Premier now amounts to 34.38% of the total issued ordinary shares in the
Company, while its beneficial interest amounts to 20.63% pursuant to the terms and conditions of a Cession of Voting Rights
Agreement.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Takeover
Regulation Panel.

The board of directors of Premier accepts responsibility for the information contained in this announcement as it relates to the
Company and confirms that, to the best of its knowledge and belief, such information relating to Premier is true and that this
announcement does not omit anything likely to affect the importance of such information.

Johannesburg
1 October 2024

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 01-10-2024 05:35:00
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