RAINBOW CHICKEN LIMITED - Disclosure of significant holding of Rainbow ordinary shares

Disclosure of significant holding of Rainbow ordinary shares

Rainbow Chicken Limited
(Formerly Rainbow Chicken Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2024/200346/06)
ISIN: ZAE000334850
Share code: RBO
("RAINBOW" or the "Company")

DISCLOSURE OF SIGNIFICANT HOLDING OF RAINBOW ORDINARY SHARES

Shareholders of RAINBOW are referred to the announcement released on the Stock Exchange News Service
of the JSE on 4 June 2024 by RCL Foods Limited ("RCL Foods") regarding the listing of RAINBOW on the Main
Board of the JSE of all of RAINBOW's issued ordinary no par value shares, and the subsequent unbundling
thereof by RCL Foods by way of a pro rata distribution in specie to RCL Foods shareholders eligible to
participate in the distribution ("Unbundling").

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended ("the Companies
Act"), regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited
Listings Requirements, shareholders are advised that the Company has received formal notification that,
following the Unbundling on 1 July 2024:

  i.    MandG Investment Managers (Pty) Ltd, on behalf of underlying clients, has acquired a beneficial
        interest of 5.07% of the issued ordinary shares in RAINBOW.
  ii.   Remgro Limited has acquired a beneficial interest of 80.2% of the issued ordinary shares in
        RAINBOW.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notices
with the Takeover Regulation Panel.

The Board of Directors of RAINBOW accepts responsibility for the information contained in this
announcement as it relates to the Company and confirms that, to the best of its knowledge and belief, such
information relating to RAINBOW is true and that this announcement does not omit anything likely to affect
the importance of such information.

CENTURION
04 July 2024

Company Secretary
FluidRock Co Sec (Pty) Ltd

Sponsor:
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 04-07-2024 01:15:00
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.