AFRICAN RAINBOW MINERALS LIMITED - Dealing in securities by a director of ARM

Dealing in securities by a director of ARM

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM” or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR OF ARM

In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the
JSE Limited (“the Listings Requirements”), we hereby provide the following
information regarding dealings in ARM securities by a Non-Executive Director
of ARM:

Name of director               Michael Arnold
Category of director           Non-executive Director
Date of transactions           7 and 8 March 2022
Nature of transactions         On-market sale of shares
Class of securities            Ordinary shares
Number of securities           30 000 shares sold on 7 March 2022; and
                               7 000 shares sold on 8 March 2022
Selling price of securities    1. 30 000 shares with a volume weighted
                                  average price of R286.7510 per share (with
                                  a low of R284.00 per share and a high of
                                  R288.75 per share); and
                               2. 7 000 shares with  a volume weighted
                                  average price of R276.6879 per share (with
                                  a low of R276.00 per share and a high of
                                  R277.00 per share).
Value of transactions          30 000 shares sold for R8 602 529.35, and
                                7 000 shares sold for R1 936 815.09.

                               The total value of the transactions was
                               R10 539 344.44.
Nature of interest             Direct, beneficial

The requisite clearance and approvals for this transaction were obtained in
compliance with the securities dealing policies and procedures of ARM and
paragraph 3.66 of the Listings Requirements.



Sandton
10 March 2022

Sponsor to ARM:
Investec Bank Limited




                                                                             

Date: 10-03-2022 04:00:00
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