ADAPT IT HOLDINGS LIMITED - Disclosure of Beneficial Interest in Securities

Disclosure of Beneficial Interest in Securities

Adapt IT Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/017276/06)
Share code: ADI      ISIN: ZAE000113163
(“Adapt IT” or “the Company”)


DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES


In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended
(“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are
advised that Adapt IT has received notification in terms of section 122(1) of the Companies Act that
Blacksheep Master Fund Limited, a company situated in Dublin, Ireland has acquired 9,877,922 shares of
the Company, such that its entire beneficial interest amounts to 6.82% of the total number of securities in
issue (and 7.20% of the total number of secrities in issue excluding treasury shares).

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


Johannesburg
16 April 2021

Sponsor
Merchantec Capital

Date: 16-04-2021 03:13:00
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