BELL EQUIPMENT LIMITED - Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

Bell Equipment Limited
Incorporated in the Republic of South Africa
(Registration number 1968/013656/06)
Share code: BEL ISIN: ZAE000028304
(“Bell” or “the Company”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the cautionary announcement released on SENS on 10 March 2021 and the
subsequent renewal of cautionary announcements, the last of which was dated 30 August 2021, relating to
the Non-Binding Expression of Interest received from IA Bell in respect of a possible transaction to acquire
the entire issued ordinary share capital of Bell not already held (or to be acquired) by IA Bell. Terms defined
in the said announcements bear the same meaning where used in this announcement.

Shareholders are advised that the process is still ongoing which, if successfully concluded, may have a
material effect on the price of the Company’s securities, and accordingly shareholders should continue to
exercise caution when dealing in the Company’s securities, until a further announcement is made.

Richards Bay
18 October 2021

Sponsor
Investec Bank Limited

Date: 18-10-2021 08:51:00
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