AFRIMAT LIMITED - Disclosure of acquisition of securities

Disclosure of acquisition of securities

AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)

DISCLOSURE OF ACQUISITION OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008, as amended
(“Companies Act”), and paragraph 3.83(b) of the JSE Limited Listings Requirements,
shareholders are hereby advised that the Company has received formal notification in the
prescribed form from PSG Asset Management Proprietary Limited, advising that it has
acquired a beneficial interest in securities of the Company, such that the total of all beneficial
interests held by it amounts to 5.26% of the Company’s total issued ordinary share capital.

The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with
the Takeover Regulation Panel. The board of the Company accepts responsibility for the
information contained in this announcement and confirms that, to the best of its knowledge
and belief, such information accurately reflects the information contained in the TRP 121.1
form received by the Company from PSG Asset Management Proprietary Limited.

Cape Town
17 November 2022

Sponsor
PSG Capital

Date: 17-11-2022 04:30:00
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