Disclosure of Disposal of Securities
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
(“Afrimat” or “the Company”)
DISCLOSURE OF DISPOSAL OF SECURITIES
In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008, as amended
(“Companies Act”) and paragraph 3.83(b) of the JSE Limited Listings Requirements,
shareholders are hereby advised that the Company has received formal notification in the
prescribed form from the Public Investment Corporation SOC Limited (“PIC”), advising that it
has disposed of a beneficial interest in securities of the Company, such that the total of all
beneficial interests held by it amounts to 19.279% of the Company’s total issued ordinary
The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with
the Takeover Regulation Panel.
The board of the Company accepts responsibility for the information contained in this
announcement and confirms that, to the best of its knowledge and belief, such information
accurately reflects the information contained in the TRP 121.1 form received by the Company
from the PIC.
4 October 2023
Valeo Capital (Pty) Ltd
Date: 04-10-2023 03:00:00
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.