SALUNGANO GROUP LIMITED - Bid in the open market by RBFT Investments Proprietary Limited to acquire shares in Salungano Group

Bid in the open market by RBFT Investments Proprietary Limited to acquire shares in Salungano Group

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”)

BID IN THE OPEN MARKET BY RBFT INVESTMENTS PROPRIETARY LIMITED TO
ACQUIRE SHARES IN SALUNGANO GROUP

Shareholders are advised that RBFT Investments Proprietary Limited (“RBFTI”) has initiated
an open bidding process to increase RBFTI’s shareholding in Salungano Group (the “RBFTI
Bid”).

Full details of the RBFTI Bid announcement can be accessed online at the following link:

https://www.ghostmail.co.za/wp-content/uploads/2023/02/rbft-investments-
announcement.pdf

Johannesburg
21 February 2023

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

Date: 21-02-2023 08:15:00
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