RFG HOLDINGS LIMITED - Vesting of performance shares and subsequent transfer by company directors

Vesting of performance shares and subsequent transfer by company directors

RFG Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2012/074392/06)
ISIN: ZAE000191979
Share Code: RFG

VESTING OF PERFORMANCE SHARES AND SUBSEQUENT TRANSFER BY COMPANY
DIRECTORS

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

Director                                         BAS Henderson
Company                                          RFG Holdings Limited
Date of transaction                              6 December 2021
Nature of transaction                            Off market receipt of vested shares in terms of the rules
                                                 of the Rhodes Foods Group 2015 Share Plan
Class of securities                              Ordinary shares
Number of shares delivered                       43 572
Deemed delivery price                            R12.92
Total value of transaction                       R562 950.24
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Director                                         BAS Henderson
Company                                          RFG Holdings Limited
Date of transaction                              6 December 2021
Nature of transaction                            On market disposal of securities
Class of securities                              Ordinary shares
Number of shares sold                            43 572
Sale price                                       R12.89
Total value of transaction                       R561 477.51
Nature of interest                               Direct beneficial

Director                                         CC Schoombie
Company                                          RFG Holdings Limited
Date of transaction                              6 December 2021
Nature of transaction                            Off market receipt of vested shares in terms of the rules
                                                 of the Rhodes Foods Group 2015 Share Plan
Class of securities                              Ordinary shares
Number of shares delivered                       23 152
Deemed delivery price                            R12.92
Total value of transaction                       R299 123.84
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Director                                         CC Schoombie
Company                                          RFG Holdings Limited
Date of transaction                              6 December 2021
Nature of transaction                            Off market transfer of vested shares
                                                 to Schoombies Investments (Pty) Ltd (Director)
Class of securities                              Ordinary shares
Number of shares transferred                     23 152
Deemed transfer price                            R12.92
Total value of transaction                       R299 123.84
Nature of interest                               Indirect beneficial
Clearance obtained                               Yes

Director                                         WP Hanekom
Company                                          RFG Holdings Limited
Date of transaction                              6 December 2021
Nature of transaction                            Off market receipt of vested shares in terms of the rules
                                                 of the Rhodes Foods Group 2015 Share Plan
Class of securities                              Ordinary shares
Number of shares delivered                       18 701
Deemed delivery price                            R12.92
Total value of transaction                       R241 616.92
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Groot Drakenstein
7 December 2021

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

Date: 07-12-2021 12:55:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.