SEBATA HOLDINGS LIMITED - Update: Disposal of Freshmark Systems

Update: Disposal of Freshmark Systems

Sebata Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/003821/06)
Share code: SEB    ISIN: ZAE000034435
(“Sebata”)

UPDATE: DISPOSAL OF FRESHMARK SYSTEMS


Shareholders are referred to the announcement released on SENS on 15 December 2022 wherein they
were advised that Sebata had entered into a sale of shares agreement (“Agreement”) with Hellochoice
Proprietary Limited (“the Purchaser”) to dispose of its 55% controlling stake in Freshmark Systems
Proprietary Limited for a purchase consideration of R24 750 000 (“the Disposal”).

Shareholders are hereby advised that the transaction has been terminated as a result of the Purchaser
not meeting its obligations in terms of the suspensive conditions to the Disposal, as detailed in the
Agreement, by 28 February 2023.


Johannesburg
2 March 2023

Sponsor and Corporate Advisor
Merchantec Capital

Date: 02-03-2023 11:33:00
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