JASCO ELECTRONICS HOLDINGS LIMITED - Dealings in securities by a Director

Dealings in securities by a Director

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC    ISIN: ZAE000003794
("Jasco" or “the company”)

DEALINGS IN SECURITIES BY A DIRECTOR

In accordance with the requirements of paragraph 3.63 to 3.74 of
the Listings Requirements of the JSE Limited (“JSE”), shareholders
are hereby advised of the following dealings in Jasco securities
by alternate non-executive director, AMF (Pete) Da Silva of the
company.
Name of company         : Jasco Electronics Holdings Limited
Name of director        : AMF (Pete) Da Silva (alternate director
                          to Deputy Chairperson MJ Madungandaba)
Class of securities     : Jasco Ordinary shares
Nature of               : On-market sale
transactions
Nature of interest      : Direct Beneficial
Date of transaction     : 17 April 2023
No of shares            : 1 070 500
Price per share         : 15 cents per share
Value of transaction    : R160 575

Shareholders are referred to the Offer and Delisting Circular dated
23 March 2023 in which it was disclosed that AMF (Pete) da Silva,
as an alternate director for MJ Madungandaba (a director of
Community Investment Holdings Proprietary Limited) is presumed to
be acting in concert with the Offeror and is consequently excluded
from receiving the Offer and from voting on the Delisting
Resolution.

The Jasco Ordinary Shares owned by AMF (Pete) da Silva are held in
a retirement fund. The investment mandate of this retirement fund
does not allow for ownership of shares in an unlisted company. AMF
(Pete) da Silva was therefore required to sell his Jasco Ordinary
Shares prior to the Offer closing and the Delisting being
implemented.

Clearance for the dealings was granted in terms of section 3.66 of
the JSE Listings Requirements.

Midrand
18 April 2022


Sponsor
Grindrod Bank Limited

Date: 18-04-2023 02:00:00
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