ADCORP HOLDINGS LIMITED - Change in sponsor

Change in sponsor

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR
ISIN: ZAE000000139
("Adcorp" or "the Company")

CHANGE IN SPONSOR

In accordance with paragraph 2.7A(b) of the JSE Limited Listings Requirements,
shareholders are hereby advised that the Company has changed its sponsor and has
appointed Valeo Capital Proprietary Limited with effect from 1 April 2023.

Johannesburg
28 February 2023

Sponsor
PSG Capital

Date: 28-02-2023 03:20:00
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