BOWLER METCALF LIMITED - Disclosure of an Acquisition of Securities

Disclosure of an Acquisition of Securities

(Incorporated in the Republic of South Africa)
(Registration number 1972/005921/06)
Share code: BCF     ISIN code: ZAE 000030797
(“Bowler” or “the company”)


DISCLOSURE OF AN ACQUISITION OF SECURITIES


In accordance with section 122 of the Companies Act No.71 of 2008, as amended
(“Companies Act”), and paragraph 3.83(b) of the Listings Requirements of the JSE,
shareholders are hereby advised of the following:

On 22 February 2018 Bowler Metcalf was advised that Aylett and Company (Pty) Ltd
acquired a beneficial interest in the securities of Bowler Metcalf such that its total
beneficial interest in Bowler securities is now 10% of the total issued ordinary share
capital of the Company.

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


Cape Town
22 February 2018

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 22/02/2018 04:38:00 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.