PURPLE GROUP LIMITED - Dealing In Securities By An Associate Of A Director

Dealing In Securities By An Associate Of A Director

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000185526
(“Purple Group” or “the Company”)


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

Shareholders are referred to the announcement released on SENS on 16 November 2021,
where it was announced that Serialong Financial Investments Proprietary Limited (“Serialong”)
(an entity in which Bonang Mohale has a shareholding) entered into an agreement with Glen
Anil Development Corporation Proprietary Limited (“the Purchaser”) dated 29 July 2021 (“the
Agreement”), in terms of which Serialong granted the Purchaser an option to acquire up to
15 000 000 Purple Group shares (representing1.27% of Purple Group shares in issue) from
Serialong at a price of 110 cents per share (following the Loan Conversion), which option may
be exercised at any time on or before 31 March 2022 (the “Call Option”).

The Purchaser exercised its right to acquire a further 5 000 000 Purple Group shares
(representing 0.42% of Purple Group shares in issue) at a price of 110 cents per share on 8
December 2021, being part exercise of the Call Option granted. The Purchaser has until 22
March 2022 to exercise the Call Option in respect of the remaining 7 500 000 shares.
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the JSE Limited,
the following information is disclosed:


Name of Associated Company:             Serialong
Name of director:                       Bonang Mohale
Relationship with associate:            Bonang Mohale is director and 18.1% shareholder in
Serialong
Date of transaction:                    8 December 2021
Nature of transaction:                  off-market sale of shares pursuant to exercise of option
to acquire shares.
Number of securities:                   5 000 000
Class of securities:                    ordinary shares
Price per share:                        110 cents per share
Total Value:                            R5 500 000
Nature of interest:                     indirect beneficial


Johannesburg
9 December 2021
Company Secretary: CTSE Registry Services Proprietary Limited
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 09-12-2021 04:32:00
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