RECM AND CALIBRE LIMITED - Notification of share dealings by associates of a director of the Company

Notification of share dealings by associates of a director of the Company

RECM and Calibre Limited
(Incorporated in the Republic of South Africa)
Registration number 2009/012403/06
Preference Share Code: RACP
ISIN: ZAE000145041
("RAC" or “the Company”)

Notification of share dealings by associates of a director of the Company

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are
hereby notified that the Theunis de Bruyn Familie Trust (the “Seller”), an associate of Mr Theunis de
Bruyn (Non-Executive Director of the Company), has disposed of RAC preference shares to an
entity wholly-owned by the Seller, TATJ Investments (Pty) Ltd (the “Buyer”). Details of the dealings
are as follows:

Name of associate Seller:                          Theunis de Bruyn Familie Trust
Relationship to associate:                         Beneficiary and Trustee
Name of associate Buyer:                           TATJ Investments (Pty) Ltd
Relationship to associate:                         Mr de Bruyn is a director of the Buyer which is
                                                   wholly owned by the Seller
Date of agreement:                                 9 January 2019
Date of transfer of shares:                        9 January 2019
Price of securities:                               1 750 cents per share
Number and class of securities sold:               500 000 preference shares
Total value of securities:                         R8 750 000
Nature and extent of interest:                     Indirect beneficial
Nature of transaction:                             Off-market    sale    and    acquisition   between
                                                   associates of a director
Clearance to deal:                                 Obtained

Cape Town
10 January 2019

Sponsor:
Questco Corporate Advisory (Pty) Ltd
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