GEN – General – Imbalie Beauty Limited - Censure imposed by the JSE on Imbalie Beauty Limited (“Imbalie Beauty”) GEN – General – Imbalie Beauty Limited Censure imposed by the JSE on Imbalie Beauty Limited (“Imbalie Beauty”) The JSE Limited (“JSE”) wishes to inform stakeholders of the following findings by the JSE in respect of Imbalie Beauty: 1. The JSE has found Imbalie Beauty to be in breach of paragraph (v) of the General Principles of the JSE’s Listings Requirements which requires an issuer to ensure that all parties involved in the dissemination of information into the market place, whether directly to holders of relevant securities or to the public, observe the highest standards of care in doing so. 2. Imbalie Beauty announced on 1 March 2018 that pursuant to the Imbalie Beauty rights offer, the underwriters to the rights offer had taken up their rights and thus fulfilled their underwriting commitment, when in fact the underwriters had only fulfilled their underwriting commitments on 15 March 2018. Imbalie Beauty failed to observe the highest standards of care when disseminating information into the market place as the published information was incorrect and misleading. 3. The JSE has decided to impose this public censure against Imbalie Beauty in relation to the aforementioned transgression of the Listings Requirements. 19 June 2019 Date: 19/06/2019 07:05:00 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.