Sharenet Sites 
Sharenet Sites
Results of the Offer and confirmations regarding Maximum Acceptances Condition and Management Specific Issue
CLIENTÈLE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2007/023806/06)
Share code: CLI
ISIN: ZAE000117438
("Clientèle" or "the Company")
RESULTS OF THE OFFER AND CONFIRMATIONS REGARDING MAXIMUM ACCEPTANCES CONDITION AND MANAGEMENT SPECIFIC ISSUE
Unless otherwise defined herein, capitalised words and terms contained in this announcement shall
bear the meanings ascribed thereto in the Circular (defined below).
Shareholders are referred to the circular distributed to shareholders on Thursday, 14 May 2026
regarding, inter alia, the Offer by the Company to all Shareholders to acquire the Clientèle Shares held
by them, the proposed Delisting and Specific Issues to AEI and the Management Subscribers
("Circular") and further to the announcement released on SENS on Friday, 12 June 2026, pursuant to
the General Meeting held on the same day, whereby Shareholders were advised that the Resolutions
set out in the Notice of General Meeting (which was attached to and formed part of the Circular) were
passed by the requisite majorities.
Shareholders are hereby advised that the Offer closed today, Friday, 26 June 2026, and that
acceptances in respect of 21 097 797 Offer Shares (being 4.65% of the Offer Shares, excluding the AEI
Subscription Shares), in aggregate, were received, resulting in the Maximum Acceptances Condition
not being fulfilled. Accordingly, the Offer will be implemented on Monday, 29 June 2026, through
payment of the Offer Consideration to the Offer Participants, and the Delisting will be implemented on
Tuesday, 30 June 2026.
Shareholders are further advised that, following the implementation of the Delisting, the Management
Specific Issue will become unconditional and will also be implemented on Tuesday, 30 June 2026.
Johannesburg
26 June 2026
Corporate Advisor and Sponsor: Valeo Capital Proprietary Limited
Legal Advisor: Cliffe Dekker Hofmeyr Incorporated
Date: 26-06-2026 03:03:00
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