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Notification of a manager’s transaction
Reinet Investments S.C.A.
(Incorporated in Luxembourg)
ISIN: LU0383812293
Code: RNI
LEI: 222100830RQTFVV22S80
Notification of a manager's transaction
Reinet Investments S.C.A. (the "Company") is required, pursuant to Section 18.21(e) of the JSE Listings
Requirements, to announce on SENS the equivalent information that is made publicly available on the
Luxembourg Stock Exchange.
Pursuant to the European Union regulation on market abuse, which requires that persons discharging
managerial responsibilities within an issuer as well as persons closely associated with them shall notify the
issuer of certain transactions, the Company has been notified of the following:
On 24 November 2025, the Company has been notified that on 21 November 2025 Reinet Investment
Advisors Limited disposed, as a result of the exercise of a share appreciation rights scheme, 1,912 ordinary
shares in the Company at a price of EUR 29.0864 per ordinary share. The transaction was executed outside
a trading venue.
Reinet Investment Advisors Limited is the investment advisor of Reinet Fund S.C.A., F.I.S. and a person
closely associated with persons discharging managerial responsibilities within the Company. Prior to the
disposal, which is the subject of this notification, it held 365,750 ordinary shares of the Company, which it
had acquired to hedge share appreciation rights and related awards to key executives and employees.
Reinet Investments Manager S.A.
for and on behalf of Reinet Investments S.C.A.
Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
25 November 2025
Reinet Investments S.C.A. (the 'Company') is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered
office at 35, boulevard Prince Henri, L-1724 Luxembourg. It is governed by the Luxembourg law on securitisation and in this capacity allows its
shareholders to participate indirectly in the portfolio of assets held by its wholly-owned subsidiary Reinet Fund S.C.A., F.I.S. ('Reinet Fund'), a specialised
investment fund also incorporated in Luxembourg. The Company's ordinary shares are listed on the Luxembourg Stock Exchange, Euronext Amsterdam
and the Johannesburg Stock Exchange, the secondary listing. The Company's ordinary shares are included in the 'LuxX' index of the principal shares
traded on the Luxembourg Stock Exchange. The Company and Reinet Fund together with Reinet Fund's subsidiaries are referred to as 'Reinet'.
Reinet Investments S.C.A.
R.C.S. Luxembourg B 16.576
Registered office: 35, boulevard Prince Henri, L-1724 Luxembourg, Tel. (+352) 22 42 10 Fax (+352) 22 72 53
Email: info@reinet.com website: www.reinet.com
Date: 25-11-2025 01:00:00
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