PSV HOLDINGS LIMITED - Update on notice of motion

Update on notice of motion

PSV Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/004365/06)
Share code: PSV ISIN: ZAE000078705
(“PSV” or “the Company” or “the Group”)


UPDATE ON NOTICE OF MOTION


Shareholders are referred to the previous renewal of cautionary announcement,
dated 29 December 2022, in which shareholders were advised, inter alia, that the on
27 October 2022 the liquidation application appeared in the Johannesburg High Court and
the application was removed from the roll. DNG had opposed the application and was
ordered to pay the Business Rescue Practitioners (“BRPs”) legal costs occasioned by the
removal and deliver its Affidavit in November 2022, for which an extension was applied.

On 13 January 2023, the Company and interested parties received a notice of setdown which
has been placed on the unopposed roll for 1 February 2023 in the Johannesburg High Court.

Shareholders are accordingly advised to continue to exercise caution when dealing in the
Company’s securities until such time as a further announcement has been made.


Johannesburg
16 January 2023

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 17-01-2023 07:05:00
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