AFRIMAT LIMITED - Disclosure of disposal of securities

Disclosure of disposal of securities

AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
("Afrimat" or "the Company")


DISCLOSURE OF DISPOSAL 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 the Public Investment Corporation SOC Limited ("PIC"), advising that it
has disposed of a beneficial interest in securities of the Company, such that the total of all
beneficial interests held by it amounts to 14.147% of the Company's total issued ordinary
share capital.

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 the PIC.

Cape Town
22 November 2023

Sponsor
Valeo Capital (Pty) Ltd

Date: 22-11-2023 12:00:00
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