OMNIA HOLDINGS LIMITED - Update on the option agreement following the disposal of Umongo

Update on the option agreement following the disposal of Umongo

OMNIA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1967/003680/06)
JSE code: OMN
LEI NUMBER: 529900T6L5CEOP1PNP91
ISIN: ZAE000005153
("Omnia" or the "Company" or the "Group")

UPDATE ON THE OPTION AGREEMENT FOLLOWING THE DISPOSAL OF UMONGO

Shareholders are referred to the SENS announcement published on 21 October 2021, wherein shareholders
were advised that (i) Omnia had disposed of 81% of the issued shares in Umongo Petroleum Proprietary
Limited ("Umongo"); and (ii) Omnia had granted Umongo a call option (the "Call Option") to purchase the
remaining 9% of its issued shares that were still held by Omnia.

Shareholders are now advised that Umongo has exercised and implemented the Call Option pursuant to which
Omnia has received cash of R93 million, being at the top end of the price range payable.

Johannesburg
16 January 2023

Sponsor and corporate advisor
Java Capital

Legal advisor to Omnia
Webber Wentzel

Date: 16-01-2023 12:30:00
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