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MANTENGU:  9   -2 (-18.18%)  13/11/2026 16:01

MANTENGU LIMITED - Notice of General Meeting - Increase in Authorised Share Capital

Release Date: 13/11/2026 15:15
Code(s): MTU     PDF:  
Wrap Text
Notice of General Meeting - Increase in Authorised Share Capital

MANTENGU LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004821/06)
JSE share code: MTU
ISIN: ZAE000320347
Listed on the Alternative Exchange of the JSE
(“Mantengu” or “the Company”)

NOTICE OF GENERAL MEETING – INCREASE IN AUTHORISED SHARE CAPITAL

INTRODUCTION

Shareholders of Mantengu (“Shareholders”) are advised that the notice of general meeting (“Notice of
General Meeting”) will be distributed on Monday, 16 November 2026, to Shareholders recorded in the
Company’s securities register on Friday, 6 November 2026.

The Notice of General Meeting convenes a general meeting of Shareholders to be held entirely by electronic
participation at 10:00 on Monday, 14 December 2026 (“General Meeting”), for the purpose of considering
and, if deemed fit, passing, with or without modification, the resolutions set out in the Notice of General
Meeting (“Resolutions”).

PURPOSE OF THE GENERAL MEETING

The board of directors of the Company (“Board”) intends to raise capital through the issue of new ordinary
shares of no par value in the share capital of the Company (“Mantengu Shares”), whether by way of rights
issues, issues for cash or other forms of equity capital raising.

The authorised share capital of the Company currently comprises 400 000 000 Mantengu Shares, of which
325 000 000 Mantengu Shares are in issue, leaving 75 000 000 authorised but unissued Mantengu Shares. This
limits the number of Mantengu Shares the Company is able to issue and, accordingly, the amount of capital
the Company is able to raise.

The General Meeting is accordingly being convened to seek the approval of Shareholders for:

•     the increase in the authorised share capital of the Company from 400 000 000 Mantengu Shares to
      3 000 000 000 Mantengu Shares, by the creation of a further 2 600 000 000 Mantengu Shares ranking pari
      passu in all respects with the existing Mantengu Shares, and the corresponding amendment to clause
      3.1.1.1 of the Company’s Memorandum of Incorporation (“MOI”), by way of special resolution; and
•     the authority for any director or the company secretary of the Company to do all such things and sign
      all such documents as may be necessary to give effect to the special resolution, by way of ordinary
      resolution.

The sole purpose of the proposed increase in the authorised share capital is to enable the Company to raise
capital through the issue of Mantengu Shares as and when required, without the need to convene a further
general meeting to increase the authorised share capital on each occasion.

Shareholders are specifically advised that the approval of the Resolutions does not, of itself, authorise the issue
of any Mantengu Shares.

Any issue of Mantengu Shares out of the increased authorised but unissued share capital will remain subject
to the provisions of the Companies Act, 2008 (Act 71 of 2008), as amended, the MOI and the JSE Listings
Requirements, including the requirement to obtain the approval of Shareholders by way of a general or
specific authority, as applicable.

IMPORTANT DATES AND TIMES

                                                                                                           2026
 Record date to determine which Shareholders are entitled to receive this                    Friday, 6 November
 Notice of General Meeting
 Notice of General Meeting distributed to Shareholders and released on                      Monday, 16 November
 SENS on
 Last day to trade in order to be eligible to vote at the General Meeting                   Tuesday, 1 December
 Record date to be able to vote at the General Meeting                                       Friday, 4 December
 Forms of proxy, if delivered to the transfer secretaries, to be received by no           Thursday, 10 December
 later than 10:00 on
 General Meeting to be held at 10:00 on                                                     Monday, 14 December
 Results of the General Meeting published on SENS on                                        Monday, 14 December
 Notice of amendment of the MOI expected to be filed with the CIPC on                       Monday, 14 December

Notes:
1.   Shareholders may not dematerialise or rematerialise their share certificates between Wednesday, 2 December
     2026 and Friday, 4 December 2026, both dates inclusive.
2.   The above dates and times are subject to change. Any change will be released on SENS.

All times referred to in this announcement are references to South African Standard Time. The dates and times
set out above are subject to amendment. Any such amendment will be released on SENS.

ELECTRONIC PARTICIPATION AND VOTING

Shareholders who wish to participate in and/or vote at the General Meeting by electronic participation are
required to deliver written notice to the transfer secretaries, Computershare Investor Services Proprietary
Limited, by email to proxy@computershare.co.za, by no later than 10:00 on Thursday, 10 December 2026, in
the manner set out in the Notice of General Meeting.

Shareholders are strongly encouraged to submit votes by proxy before the General Meeting. Forms of proxy
are to be received by the transfer secretaries by no later than 10:00 on Thursday, 10 December 2026.
Dematerialised Shareholders, other than those with “own name” registration, should provide their CSDP or
broker with their voting instructions, or request a letter of representation, in the manner and by the cut-off time
stipulated in their custody agreement.

AVAILABILITY OF THE NOTICE OF GENERAL MEETING

The Notice of General Meeting, including the form of proxy, is available on the Company’s website at
www.mantengu.com. Copies may also be obtained, free of charge, from the registered office of the
Company during normal business hours from Monday, 16 November 2026 up to and including the date of the
General Meeting.

Johannesburg
13 November 2026

Registered office                     Transfer Secretaries                  Designated Advisor
Mantengu Limited                      Computershare Investor Services       AcaciaCap Advisors Proprietary
5 Saint Michael’s Lane                Proprietary Limited                   Limited
Bryanston                             Rosebank Towers, 15 Biermann          Johannesburg
Johannesburg                          Avenue
(PostNet Suite 446, Private Bag       Rosebank, 2196
X21, Bryanston, 2021)                 (Private Bag X9000, Saxonwold,
                                       2132)
Date: 13/11/2026 03:15:00
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