RECM AND CALIBRE LIMITED - Notification of an acquisition of a beneficial interest in securities

Notification of an acquisition of a beneficial interest in securities

RECM and Calibre Limited
(Incorporated in the Republic of South Africa)
Registration number 2009/012403/06
Preference Share Code: RACP
ISIN: ZAE000145041
("RAC")

NOTIFICATION OF AN ACQUISITION OF A BENEFICIAL INTEREST IN SECURITIES

Shareholders are referred to the announcement released on SENS by RAC and the subsequent
announcement by Astoria Investments Ltd (“Astoria”) on 2 November 2020, in which they were
advised that Astoria entered into an equity swap agreement in respect of 4 200 000 RAC
preference shares.

Shareholders are hereby advised that RAC has received formal notification in the prescribed form
that Astoria has unwound this equity swap position, and now holds a direct beneficial interest in
the preference shares of RAC, such that the total interest in the preference shares of RAC held
by Astoria amounts to 8.8% of the total issued preference shares of RAC.

As required in terms of the Companies Act 71 of 2008, RAC will file the required notices with the
Takeover Regulation Panel.


Cape Town
7 May 2021

Sponsor
Questco Corporate Advisory (Pty) Ltd

Date: 07-05-2021 09:20:00
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