MPACT LIMITED - Distribution of circular to shareholders regarding general authority to repurchase shares

Distribution of circular to shareholders regarding general authority to repurchase shares

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)

DISTRIBUTION OF CIRCULAR TO SHAREHOLDERS REGARDING GENERAL
AUTHORITY TO REPURCHASE SHARES

Shareholders are advised that a circular, detailing a proposed
general   authority    for  Mpact   to   repurchase   shares   and
incorporating a notice of general meeting and, where applicable,
a form of proxy, has been distributed to shareholders today,
Thursday, 12 November 2020 ("the Circular"). The Circular is also
available on the Company's website at
https://www.mpact.co.za/investors-and-media/circulars/2020/mpact-
circular-20201112.pdf.

Mpact has retained the services of The Meeting Specialist (Pty)
Ltd (“TMS”) to host the general meeting to be held at 10:00 on
Friday, 11 December 2020 (“General Meeting”) on an interactive
electronic platform in order to facilitate remote participation
and voting by shareholders. The Transfer Secretaries of the
Company, Computershare Investor Services (Pty) Ltd, will act as
scrutineer.

Instructions on how to register, vote and participate in the
General Meeting appear in the Circular.

The salient dates pertaining to the General Meeting at which the
proposed general repurchase authority will be sought, also
contained in the Circular, are set out below:

                                                                   2020
Record Date to be eligible to receive the
Circular                                              Friday, 6 November
Date of issue of Circular                          Thursday, 12 November
Last Day to Trade to participate in and
vote at the General Meeting                          Tuesday, 1 December
Voting Record Date to participate in and
vote at the General Meeting                          Friday, 4 December
Written      notice       to      participate
electronically in the General Meeting to
be delivered to TMS’s offices by 10:00            Wednesday, 9 December
Proxy forms to be lodged with the Transfer
Secretaries   as    soon   as   possible   for
administrative purposes only, (preferably
by 10:00), but in any event before the
proxy exercises any rights of the Mpact
Shareholder appointing the proxy at the
General Meeting                                   Wednesday, 9 December
The Company to inform participants who
notified    TMS      of     their     intended
participation    in   accordance    with   the
Notice of General Meeting, by no later
than 16:00 by email of the relevant
details through which participants can
participate electronically                        Thursday, 10 December
General Meeting to be held at 10:00               Friday, 11 December
Results of General Meeting released on JSE
Stock Exchange News Service(“SENS”)               Friday, 11 December

Notes:
1. The above dates and times are subject to amendment. Any such material amendment
   will be released on SENS and published in the South African press.
2. All times quoted in the Circular are local times in South Africa on a 24-hour basis,
   unless specified otherwise.
3. No orders to dematerialise or rematerialise Shares will be processed from the
   Business Day following the Last Day to Trade up to and including the Voting Record
   Date, but such orders will again be processed from the first Business Day after
   the Voting Record Date.
4. The certificated register will be closed between the Last Day to Trade and the
   Voting Record Date.
5. If the General Meeting is adjourned or postponed, forms of proxy submitted for the
   General Meeting will remain valid in respect of any adjournment or postponement of
   the General Meeting unless the contrary is stated on such form of proxy.

Melrose Arch
12 November 2020

Sponsor
The Standard Bank of South Africa Limited

Date: 12-11-2020 09:31:00
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