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LABAT:  4   -1 (-20.00%)  30/03/2026 13:01

LABAT AFRICA LIMITED - Completion Of Share Transfer For 100% Acquisition Of Ahnamu Pty Ltd

Release Date: 30/03/2026 09:10
Code(s): LAB     PDF:  
Wrap Text
Completion Of Share Transfer For 100% Acquisition Of Ahnamu Pty Ltd

LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
("Labat Africa" or "the Company")
ISIN Code: ZAE000018354 Share Code: LAB
FSE Code: LEI 9845000R73DF5EE41J88


COMPLETION OF SHARE TRANSFER FOR 100% ACQUISITION OF AHNAMU PTY LTD


Shareholders of Labat ("Shareholders") are referred to the announcement released on
SENS 20 March 2026 where Shareholders were advised that Labat will issue 400 000 000
ordinary Labat Africa shares at an issue price of R0.10 (Ten Cents) per share which
represents a premium of 100% compared to the trading price of 0.05 (Five Cents) cents
per share.

Labat is pleased to announce that, following the successful acquisition of Ahnamu Pty Ltd,
the transfer of 400,000,000 shares has been completed in accordance with the terms of
the agreement. This milestone marks a significant step in Labat's strategic growth initiatives
and underscores our commitment to enhancing shareholder value.

The acquisition aligns with the Company's long-term objectives and is expected to
contribute positively to Labat's financial performance.

Following the additional listing of the shares on 26 March 2026, the total issued and listed
share capital of Labat Africa has increased to 2 067 918 902 ordinary shares.

JOHANNESBURG
30 March 2026

JSE Sponsor
Vunani Sponsors

Date: 30-03-2026 09:10:00
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