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RMB HOLDINGS LIMITED - Voluntary Update

Release Date: 30/07/2025 15:30
Code(s): RMH     PDF:  
Wrap Text
Voluntary Update

RMB Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/005115/06)
ISIN: ZAE000024501
JSE ordinary share code: RMH
("RMH" or "the Company")


VOLUNTARY UPDATE


In line with RMH's monetisation strategy, RMH is disclosing the following on a voluntary
basis:
   -   RMH, through its 100% owned subsidiary RMH Property Holdco 4 Proprietary Limited
       (registration number 2017/024627/07) ("RMH Property") owns 50% of Integer
       Properties 3 Proprietary Limited (registration number 2015/122378/07) ("Integer 3").
   -   Integer 3 in turn owns 50% of Senzosol Proprietary Limited (registration number
       2016/348314/07) ("Senzosol"). Senzosol has sold a warehouse based in Montague
       Gardens for R55 604 222, with an initial yield of 9%; and
   -  the net proceeds of c. R22.2 million received by Integer 3 from Senzosol will be used
       to reduce the disproportionate shareholders' loan from RMH Property.


The transaction mentioned above represent less than 5% of the Company's market
capitalisation as at the signature date, 15 August 2024 and did not involve any related
parties. Accordingly, the disposal does not constitute a categorisable transaction in terms of
the JSE Limited Listings Requirements.


Bryanston
30 July 2025


Sponsor
BSM Sponsors

Date: 30-07-2025 03:30:00
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