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TISO BLACKSTAR GROUP SE - Change in treasury shares

Release Date: 19/01/2018 10:00
Code(s): TBG     PDF:  
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Change in treasury shares

Tiso Blackstar Group SE
(Incorporated in England and Wales)
(Company number SE 110)
(registered as an external company with limited liability in the Republic of South Africa under registration
number 2011/008274/10)
LSE Ticker: TBGR
JSE share code: TBG
ISIN: GB00BF37LF46
(“Tiso Blackstar” or the “Company”)

Change in Treasury Shares

Tiso Blackstar announces that, on resignation of a Management Incentive Scheme participant, 141,086 shares
held by the Management Incentive Scheme have reverted to the Company where they will be held in treasury
(“Transaction”). As a result the number of voting shares is reduced from 272,007,233 to 271,866,147
(the “Voting Rights Figure”). This Transaction occurred on 19 January 2018.

The Company has a total of 272,307,233 shares in issue. Of these, there are 441,086 non-voting treasury shares
and 6,887,236 are held under the Management Incentive Scheme. These Management Incentive Scheme shares
are disclosed as treasury shares for accounting purposes, however they have been committed to meeting the
Company’s obligations to participants under the Management Incentive Scheme and the participants have the
right to vote the shares. On this accounting basis, there are a total 7,328,322 treasury shares.

The total number of voting rights in the Company is therefore 271,866,147. The Voting Rights Figure may be
used by shareholders as the denominator for the calculations by which they will determine if they are required
to notify their voting rights interest, or a change to that interest, in the Company under the FCA's Disclosure and
Transparency Rules.

Tiso Blackstar confirms that, following the Transaction above, the Concert Party, as defined in the circular posted
to shareholders dated 26 May 2017, now holds 34.1% of the Company's total voting rights.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.


London
19 January 2018


For further information, please contact:
Tiso Blackstar Group SE                               Leanna Isaac                        +44(0) 20 78876017
Northland Capital Partners Limited                    Tom Price / Jamie Spotswood         +44(0) 20 3861 6625
JSE Sponsor: One Capital                              Sholto Simpson                      +27(0) 11 550 5000

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