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Finalisation Information regarding the Delisting and Voluntary Winding-up of Trencor and the Special Dividend
Trencor Limited
(Incorporated in the Republic of South Africa)
(Registration number 1955/002869/06)
Share code: TRE
ISIN: ZAE000007506
("Trencor" or the "Company")
FINALISATION INFORMATION REGARDING THE DELISTING AND VOLUNTARY WINDING-UP OF TRENCOR AND THE SPECIAL DIVIDEND
Shareholders are referred to the announcement published on SENS on 29 May 2025 in relation to the distribution of a
circular (the "Circular") in respect of the proposed delisting and Voluntary Winding-Up of Trencor and the declaration of
the Special Dividend, and the subsequent announcements published on SENS on 30 June 2025 and 8 July 2025 in terms
of which shareholders were advised, amongst other things, that the delisting and Voluntary Winding-Up of Trencor and the
Special Dividend remained subject to the final Distribution Condition, namely that the Master of the High Court issues the
Company with a JM12 certificate (dispensing with the requirement that security be furnished to the Master by the
Company), as contemplated in section 80(3)(b) of the Companies Act ("JM12 Condition").
The capitalised terms used but not defined in this announcement shall bear the same meaning given to such terms in the
Circular.
Shareholders are now advised that the JM12 Condition has been fulfilled.
Accordingly, shareholders are advised that the implementation of the Proposed Transaction will occur in accordance with
the timeline below:
Event Date
Last day to trade in Shares in order to be eligible to receive Tuesday, 29 July
the Special Dividend
Listing of Trencor Shares suspended on JSE trading system Wednesday,30 July
Trencor Distribution Record Date Friday, 1 August
Dematerialised Shareholders' accounts with their CSDP or Monday, 4 August
Broker, and Certificated Shareholders' accounts, credited
with the Special Dividend on or about
Termination of listing of Trencor Shares on the JSE at Tuesday, 5 August
commencement of business
Company placed into liquidation (or as soon as reasonably Wednesday, 6 August
possible thereafter)
Shareholders may not dematerialise or rematerialise their shares after the last day to trade.
Note that:
1. Shareholders who are exempt from dividend withholding tax will receive the gross dividend of 90 cents per
share;
2. Dividend withholding tax at the rate of 20% will be applicable to shareholders who are not exempt from this tax
and who are not subject to a reduced rate in terms of any applicable agreement for the avoidance of double
taxation between South Africa and such shareholders' country of residence, which will result in a net dividend of
72 cents per share to these shareholders;
3. Shareholders who are in doubt as to their tax status or position or any other matter, including, inter alia, any
applicable exchange control requirement, should consult an appropriate independent professional advisor in
their relevant jurisdiction without delay;
4. Trencor's tax reference number is 9676002711; and
5. Trencor's issued share capital at the declaration date is R867 673 (173 534 676 ordinary shares of 0,5 cent
each).
Trencor Services Proprietary Limited
Secretaries
Sponsor
Investec Bank Limited
Legal and Tax Advisor
Edward Nathan Sonnenbergs Inc.
www.trencor.net
17 July 2025
Date: 17-07-2025 10:30:00
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