AFRICAN RAINBOW MINERALS LIMITED - Dealing in Securities by the Chief Executive Officer of ARM

Dealing in Securities by the Chief Executive Officer 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”)

DEALING IN SECURITIES BY THE CHIEF EXECUTIVE OFFICER 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 the Chief Executive
Officer of ARM:

Name of director             Velile Phillip Tobias
Category of director         Chief Executive Officer
Date of transaction          13 and 14 September 2023
Nature of transaction        On-market acquisition of shares
Class of securities          Ordinary shares
Number of securities         (i)17 410 shares purchased on 13 September 2023; and
                             (ii)2 466 shares purchased on 14 September 2023.
Acquisition price of         (i)17 410 shares with a volume-weighted average
securities                   price of R155.1266 per share (with a low of R153.61
                             per share and a high of R155.74 per share); and
                             (ii)2 466 shares with a volume-weighted average
                             price of R160.1955 per share (with a low of R155.00
                             per share and a high of R160.86 per share).
Total value of transaction   (i) 17 410 shares purchased for R2 700 754.11; and
                             (ii) 2 466 shares purchased for R395 042.09.
Nature of interest           Direct, beneficial


The requisite clearance and approval for this transaction was obtained in
compliance with the securities dealing policies and procedures of ARM and
paragraph 3.66 of the Listings Requirements.


Sandton
18 September 2023

Sponsor to ARM:
Investec Bank Limited




                                                                            

Date: 18-09-2023 05:36:00
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