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Dealing in securities by a director

RFG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2012/074392/06)
JSE share code: RFG
ISIN: ZAE000191979

DEALING IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

   Director                      :    BN Njobe, independent non-executive
                                      director
   Company                       :    RFG Holdings Limited
   Date of transaction           :    28 July 2020
   Nature of transaction         :    On market purchase of securities
   Class of securities           :    Ordinary shares
   Number of securities          :    7 200
   Purchase Price                :    R13.90
   Total value of transaction    :    R100 080.00
   Nature of interest            :    Direct beneficial
   Clearance obtained            :    Yes

Groot Drakenstein
28 July 2020

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

Date: 28-07-2020 01:04:00

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