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PREMIER:  17,488   -547 (-3.03%)  03/03/2026 18:27

PREMIER GROUP LIMITED - Disposal of Significant Holding of Premier Ordinary Shares

Release Date: 03/03/2026 13:10
Code(s): PMR     PDF:  
Wrap Text
Disposal of Significant Holding of Premier Ordinary Shares

PREMIER GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/016008/06)
ISIN: ZAE000320321
Share Code: PMR
("Premier" or "Company")

DISPOSAL OF SIGNIFICANT HOLDING OF PREMIER ORDINARY SHARES

Shareholders are referred to the announcement released by Brait P.L.C. ("Brait") on the Stock Exchange News
Service on 27 February 2026, in which Brait advised the market that it had disposed of 5,633,802 ordinary shares in
Premier pursuant to a successful placing to institutional investors (the "Transaction").

As a result of the Transaction, the economic interest held by Brait in the ordinary shares of the Company has
decreased from 28.7% to 24.3%. In addition, and pursuant to the Cession of Voting Rights Agreement entered into
between Titan Premier Investments Proprietary Limited and Brait (as described in the Company's pre-listing
statement dated 10 March 2023), the voting interest held by Brait in the ordinary shares of the Company has
decreased from 16.2% to 13.7%.

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (as amended) ("the Companies Act")
and section 6.54 of the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has
received formal notification from Brait that, following implementation of the Transaction, its economic and voting
interests in the ordinary shares of the Company have decreased to 24.3% and 13.7%, respectively, of the total issued
ordinary shares in the Company.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the
Takeover Regulation Panel.

The board of directors of Premier accepts responsibility for the information contained in this announcement insofar
as it relates to the Company and confirms that, to the best of its knowledge and belief, such information is true and
that this announcement does not omit anything likely to affect the importance of such information.

Johannesburg
3 March 2026

Sponsor
Investec Bank Limited

Date: 03-03-2026 01:10:00
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