SALUNGANO GROUP LIMITED - Dealing in securities by an associate of a director

Dealing in securities by an associate of a director

SALUNGANO GROUP LIMITED
(previously known as Wescoal Holdings Limited)
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: SLG
ISIN: ZAE000306890
(“Salungano Group” or “the Company”)

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In terms of paragraphs 3.63 - 3.66 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities, is disclosed:

Name of associate:                 RBFT Investments Proprietary Limited (“RBFT”)
Name of director:                  MR Ramaite
Class of securities:               Ordinary shares

Date of transactions:              6 January 2023
Number of securities:              100 000
Lowest price per security:         108,00000 cents
Highest price per security:        110,00000 cents
Average price per security:        109,00000 cents
Total value:                       R109 000

Nature of the transactions:        Purchase of Salungano ordinary shares on-market by
                                   RBFT, an associate of Mr Ramaite. Mr Ramaite is a
                                   director of, and has an indirect beneficial interest in,
                                   RBFT.
Extent of interest of director:    Indirect beneficial
Extent of interest of associate:   Direct beneficial
Clearance to deal:                 Yes

10 January 2023

Sponsor:
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 10-01-2023 03:16:00
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