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SUPER GROUP LIMITED - Notification of an Intra-Group Repurchase of Shares

Release Date: 15/11/2023 11:50
Wrap Text
Notification of an Intra-Group Repurchase of Shares

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
Legal Entity Identifier: 378900A8FDADE26AD654
Debt Company Code: BISGL
("Super Group" or the "Company")

NOTIFICATION OF AN INTRA-GROUP REPURCHASE OF SHARES

In compliance with paragraph 3.63 to 3.66 of the JSE Limited ("JSE")
Listings Requirements ("Listings Requirements"), shareholders and
noteholders are advised that on 14 November 2023 the Company concluded an
intra-group repurchase with Super Group Trading Proprietary Limited, a
wholly owned subsidiary of the Company ("Subco"), in terms of which the
Company acquired 5 309 812 ordinary shares ("Repurchased Shares") from the
Subco at a price of R34,51 per share ("Intra-group Repurchase").

The repurchased shares, which were held by Subco on behalf of the employee
share incentive schemes, and accounted for as treasury shares by Super
Group, have reverted to authorised but unissued shares in accordance with
section 35(5) of the Companies Act, 71 of 2008. Application will be made to
the JSE for the delisting of the repurchased shares, whereafter Super Group
will have 340 000 000 shares in issue.

Following the Intra-group Repurchase, the balance of ordinary shares held in
treasury by the Company is 3 184 997.

Sandton
15 November 2023

Equity Sponsor: Investec Bank Limited

Debt Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 15-11-2023 11:50:00
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