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LABAT:  3   +1 (+50.00%)  01/06/2026 18:16

LABAT AFRICA LIMITED - Completion of Share Transfer for Mozfinders LDA

Release Date: 01/06/2026 16:56
Code(s): LAB     PDF:  
Wrap Text
Completion of Share Transfer for Mozfinders LDA

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 MOZFINDERS LDA


Shareholders of Labat ("Shareholders") are referred to the announcement released on SENS
26 May 2026 where Shareholders were advised that Labat will issue 200 million ordinary
Labat Africa shares at an issue price of R0.05 (Five Cents) per share which represents a
premium compared to trading share price of R0.03 (Three Cents) cents per share.

The Company is pleased to announce that, following the successful acquisition of 20% of
Mozfinders LDA, the transfer of 200,000,000 shares has been completed in accordance with
the terms of the agreement. This milestone marks a significant step in our 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 our financial performance. We appreciate the continued support of
our shareholders and stakeholders as we integrate Mozfinders LDA into our operations.

A total of 200 000 000 ordinary shares were issued at R0.05 cents. Following the additional
listing of the shares on 28 March 2026, the total issued and listed share capital of Labat Africa
has increased to 2 267 918 902 ordinary shares.


JOHANNESBURG
1 June 2026

JSE Sponsor
Vunani Sponsors

Date: 01-06-2026 04:56:00
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