WE BUY CARS HOLDINGS LIMITED - Disclosure Of Acquisition Of Securities

Disclosure Of Acquisition Of Securities

 WE BUY CARS HOLDINGS LIMITED
 (previously WBC Holdings Proprietary Limited)
 Incorporated in the Republic of South Africa
 Registration number 2020/632225/06
 JSE Share code: WBC
 ISIN: ZAE000332789
 ("WeBuyCars" or "the Company")

DISCLOSURE OF ACQUISITION OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended ("Companies Act"),
and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that the
Company has received formal notification in the prescribed form from BPESAL V S.à r.l and BPESAL V2
S.à.r.l as the partners of Stockdale Street Investment Partnership V and SSIP V SP ("Stockdale"), advising
that it has acquired a beneficial interest in securities of the Company, such that the total of all beneficial
interests held by it amounts to 6.02745% of the total issued shares of the Company.

The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with the Takeover
Regulation Panel.

The board of the Company accepts responsibility for the information contained in this announcement and
confirms that, to the best of its knowledge and belief, such information accurately reflects the information
contained in the TRP 121.1 form received by the Company from Stockdale and that this announcement does
not omit anything likely to affect the importance of the information contained in this announcement.

Centurion
24 April 2024


Joint Sponsors to WeBuyCars

PSG Capital    Pallidus Exchange Services

Date: 24-04-2024 05:20:00
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