AFRICAN RAINBOW MINERALS LIMITED - Dealing in Securities by a Director of a Major Subsidiary of ARM

Dealing in Securities by a Director of a Major Subsidiary of ARM

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF ARM

In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the
JSE Limited (“the Listings Requirements”), we hereby provide the following
information regarding dealings in ARM securities by a Director of ARM Mining
Consortium Limited, a major subsidiary of the Company:

Name of director               Princess Sibusiso Thwala
Category of director           Director of ARM Mining Consortium Limited, a
                               major subsidiary of ARM
Date of transactions           7 and 9 November 2022
Nature of transactions         On-market sale of shares
Class of securities            Ordinary shares
Number of securities           2 292 shares sold on 7 November 2022; and
                               7 708 shares sold on 9 November 2022.
Selling price of securities    (a) 2 292 shares at R275.00 per share; and
                               (b) 7 708 shares at R275.00 per share.
Total value of transactions    2 292 shares sold for R630 300.00; and
                               7 708 shares sold for R2 119 700.00.

                               The total value of the transactions was
                               R2 750 000.
Nature of interest             Direct, beneficial


The requisite clearance and approvals for these transactions were obtained in
compliance with the securities dealing policies and procedures of ARM and
paragraph 3.66 of the Listings Requirements.



Sandton
11 November 2022

Sponsor to ARM:
Investec Bank Limited




                                                                              

Date: 11-11-2022 05:30:00
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