AFRICAN RAINBOW MINERALS LIMITED - Acquisition of Securities by Clients of Allan Gray Proprietary Limited

Acquisition of Securities by Clients of Allan Gray Proprietary Limited

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")

ACQUISITION OF SECURITIES BY CLIENTS OF ALLAN GRAY PROPRIETARY LIMITED ("Allan Gray")

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended (the
"Companies Act"), and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are
hereby advised that ARM has received formal notification that clients of Allan Gray have, in aggregate,
acquired an interest in the ordinary shares of the Company, such that the total interest in the ordinary
shares of the Company held by Allan Gray's clients now amounts to 5.0038% of the total issued
ordinary shares of the Company.

The Company has filed the requisite notice with the Takeover Regulation Panel, per section 122(3)(a)
of the Companies Act. Further, as required in terms of section 122(3A) of the Companies Act, the
Company has filed the requisite notice with the Companies and Intellectual Property Commission.

The board of directors accepts responsibility for the information contained in this announcement, and
to the best of their knowledge and belief, that information is true, and this announcement does not
omit anything likely to affect the importance of the information included.

ENDS

For all investor relations queries, please contact:
Thabang Thlaku
Executive: Investor relations and new business development
Office: +27 11 779 1300 | Email: thabang.thlaku@arm.co.za

Sandton
27 March 2024

Sponsor:
Investec Bank Limited

Date: 27-03-2024 08:00:00
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