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OCEANA GROUP LIMITED - TRP121: Notification of a change of a beneficial interest in Oceana

Release Date: 10/01/2024 16:00
Code(s): OCE     PDF:  
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TRP121: Notification of a change of a beneficial interest in Oceana

Oceana Group Limited
Incorporated in the Republic of South Africa
(Registration number 1939/001730/06)
JSE / A2X Share Code: OCE
NSX Share Code: OCG
ISIN Number: ZAE000025284
("Oceana" or "the Company" or "the Group")


In accordance with Section 122(3)(b) of the Companies Act, Act 71 of 2008 (the "Companies Act"),
Regulation 121(2)(b) of the Companies Act Regulations 2011 and paragraph 3.83(b) of the Listings
Requirements of the JSE Limited ("JSE"), shareholders are hereby advised that Oceana has received
notification from Brimstone Investment Corporation Limited ("Brimstone"), that Brimstone has effected
an internal restructure in terms of which the entirety of its beneficial interest of 25.1% in Oceana was
transferred by its wholly owned subsidiary Newshelf 1064 (Proprietary) Limited ("NS 1064") to a fellow
wholly-owned subsidiary, Newshelf 1063 (RF) Proprietary Limited ("NS 1063"), such that NS 1063 now
holds Brimstone's 25.1% interest in Oceana's total issued ordinary shares. At all times during the
relevant steps of the internal restructure, Brimstone directly or indirectly held 100% of the shares in NS
1064 and NS 1063.

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 ("TRP").

The board of directors of Oceana accepts responsibility for the information contained in this
announcement having relied on the notice information as provided by Brimstone and its wholly-owned
subsidiaries, [being NS 1064 and NS 1063] in the TRP 121.1 Forms and, to the best of their knowledge
and belief, such information is true and does not omit anything likely to affect the importance of such
information contained herein.

Cape Town
10 January 2024

Sponsor – Primary Listing
The Standard Bank of South Africa Limited

Namibian Sponsor – Secondary Listing
Old Mutual Investment Services (Namibia) Proprietary Limited

Date: 10-01-2024 04:00:00
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