TAKEOVER REGULATION PANEL - The Takeover Regulation Panel Operational Status

The Takeover Regulation Panel Operational Status

The Takeover Regulation Panel Operational Status: December
2025/January 2026 Festive Season


1.   The Takeover Regulation Panel (the "TRP") wishes to inform all market participants of its
     operational status during the upcoming festive season, consistent with the general scale -
     down of operations across South African financial regulators and exchanges.

     1.1.    Deadline and Deemed Filing Date for Submissions.

             1.1.1.   While the TRP will maintain a minimal staff complement, stakeholders are
                      advised that standard service levels will be impacted.

             1.1.2.   The strict deadline for all standard filings and queries to be treated under
                      the normal service schedule is 17:00 on Friday 19 December 2025.

             1.1.3.   Any submissions, filing, or query filed after the 17:00 deadline on 19
                      December 2025 will not be treated under the service schedule.

             1.1.4.   For administrative purposes, all submissions received after this deadline
                      will be deemed to have been filed after 6 January 2026, when operations
                      are scheduled to resume.

     1.2.    Service Turnaround Time

                      The standard 5 business day service turnaround time for reviewing and
                      processing submissions will be relaxed during this period. Market
                      participants should anticipate significant delays for all matters filed
                      between the close of business on 19 December 2025 and 6 January 2026.

     1.3.    Urgent Matters and Communication

             1.3.1.   For matters requiring urgent attention during the scale down period parties
                      are required to contact the office telephonically:

                      1.3.1.1.    Urgent contact number: 011 784 0035.
                                                                                                2




                1.3.2.   All non-urgent queries and submissions must be copied to the dedicated
                         administrative email address:

                         1.3.2.1.   General Administration Email: admin@trpanel.co.za

2.    Conclusion

       The TRP strongly encourages all parties to complete time-sensitive filings and submissions
       before 17:00 on 19 December 2025 to ensure standard regulatory processing.

Yours faithfully,



TAKEOVER REGULATION PANEL
Zano Nduli
Deputy Executive Director


Issued 8 December 2025

Date: 08-12-2025 10:00:00
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