DISTELL GROUP HOLDINGS LIMITED - Disclosure of significant holding of Distell Group Holdings Limited ordinary shares

Disclosure of significant holding of Distell Group Holdings Limited ordinary shares

DISTELL GROUP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2016/394974/06)
Share Code: DGH
ISIN: ZAE000248811
("Distell" or "the Company")

DISCLOSURE OF SIGNIFICANT HOLDING OF DISTELL GROUP HOLDINGS LIMITED ORDINARY
SHARES

In accordance with section 122(3)b) of the Companies Act, No. 71 of 2008 as amended ("the Companies
Act"), regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited
Listings Requirements, shareholders are advised that Coronation Asset Management (Pty) Ltd ("Coronation")
has notified the Company that accounts under its management have decreased its holding in the Company
such that Coronation now holds 3.99% of the issued ordinary shares in the Company.

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

The board of directors of Distell accepts responsibility for the information contained in this announcement as
it relates to the Company and confirms that, to the best of its knowledge and belief, such information relating
to Distell is true and that this announcement does not omit anything likely to affect the importance of such
information.

Stellenbosch
23 November 2021

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23-11-2021 10:05:00
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