Section 122 Notice: Acquisition and Disposal of Shares South Ocean Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2007/002381/06) (“South Ocean Holdings” or “the Company” or “the Group”) ISIN Code: ZAE000092748 Share code: SOH SECTION 122 NOTICE: ACQUISITION AND DISPOSAL OF SHARES In accordance with Section 3.83(b) of the JSE Listings Requirements, South Ocean Holdings hereby confirms that it has received a notice in terms of Section 122 of the Companies Act, No. 71 of 2008 (“Companies Act”). Mr Johannes Van Rensburg has informed the Company that he has disposed of a beneficial interest in the Company to an associate, such that the total beneficial interest in the securities held by him is now 0.00% of the total issued ordinary share capital of the Company. Mr Van Rensburg disposed of his beneficial interest to Joseph Investments Proprietary Limited (“Joseph Investments”). Joseph Investment will now hold a beneficial interest of 8.47% in South Ocean Holdings. As required in terms of Section 122 (3)(a) of the Companies Act, South Ocean Holdings will file the required notice with the Takeover Regulation Panel. By order of the Board Johannesburg 4 April 2019 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 04/04/2019 04:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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