ASTORIA INVESTMENTS LIMITED - Share Dealings by a Director and Associates of Directors

Share Dealings by a Director and Associates of Directors

ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 129785 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA
ISIN: MU0499N00015
(“Astoria” or “the Company”)

SHARE DEALINGS BY A DIRECTOR AND ASSOCIATES OF DIRECTORS

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are hereby notified
of the following dealings in securities by a director and associates of directors:

 Name of director:                        Pieter Gerhardt Viljoen
 Name of associate:                       Seneca Investment Company (Pty) Ltd (“SIC”)
 Relationship to associate:               Mr. Viljoen is a beneficial shareholder of SIC
 Date of transaction:                     11 November 2021
 Notional price of securities based on    859 cents per share
 the NAV of Astoria shares at 30
 September 2021:
 Number and class of securities:          924 555 ordinary shares
 Total notional value of securities:      R7 941 927.45
 Nature and extent of interest:           Indirect beneficial
 Nature of transaction:                   On-market acquisition
 Additional information:                  SIC acquired 924 555 Astoria shares in exchange for
                                          508 554 RAC participating preference shares

 Name of director:                        Johannes Cornelis van Niekerk
 Name of associate:                       Maximus Investments CC (“Maximus”)
 Relationship to associate:               Mr van Niekerk is a trustee and beneficiary of the
                                          Cornel Trust, which owns 100% of the members
                                          interest of Maximus
 Date of transaction:                     11 November 2021
 Notional price of securities based on    859 cents
 the NAV of Astoria shares at 30
 September 2021:
 Number and class of securities:          503 759 ordinary shares
 Total notional value of securities:      R4 327 289.81
 Nature and extent of interest:           Indirect beneficial
 Nature of transaction:                   On-market acquisition
 Additional information:                  Maximus acquired 503 759 Astoria shares in
                                          exchange for 304 310 RAC participating preference
                                          shares

 Name of director:                        Johannes Cornelis van Niekerk
 Name of associate:                       T-Tow Investments (Pty) Ltd (“T-Tow”)
 Relationship to associate:               Mr van Niekerk is a trustee and beneficiary of the
                                          Cornel Trust, which owns 100% of the issued shares
                                          of T-Tow
 Date of transaction:                     11 November 2021
 Notional price of securities based on    859 cents
 the NAV of Astoria shares at 30
 September 2021:
 Number and class of securities:          165 541 ordinary shares
 Total notional value of securities:      R1 421 997.19
 Nature and extent of interest:           Indirect beneficial
 Nature of transaction:                   On-market acquisition
 Additional information:                  T-Tow acquired 165 541 Astoria shares in exchange
                                          for 100 000 RAC participating preference shares

 Name of director:                        Johannes Cornelis van Niekerk
 Date of transaction:                     11 November 2021
 Notional price of securities based on    859 cents
 the NAV of Astoria shares at 30
 September 2021:
 Number and class of securities:          82 771 ordinary shares
 Total notional value of securities:      R711 002.89
 Nature and extent of interest:           Indirect beneficial
 Nature of transaction:                   On-market acquisition
 Additional information:                  Mr van Niekerk acquired 82 771 Astoria shares in
                                          exchange for 50 000 RAC participating preference
                                          shares

 Name of director:                        Johannes Cornelis van Niekerk
 Name of associate:                       Cora Foundation Trust
 Relationship to associate:               Mr van Niekerk is one of five trustees of the Cora
                                          Foundation Trust, a charitable trust that was
                                          established by his family. Neither Mr van Niekerk nor
                                          any member of his family are beneficiaries of the Cora
                                          Foundation Trust
 Date of transaction:                     11 November 2021
 Notional price of securities based on    859 cents
 the NAV of Astoria shares at 30
 September 2021:
 Number and class of securities:          85 254 ordinary shares
 Total notional value of securities:      R732 331.86
 Nature and extent of interest:           Indirect beneficial
 Nature of transaction:                   On-market acquisition
 Additional information:                  Cora Foundation Trust acquired 85 254 Astoria
                                          shares in exchange for 51 500 RAC participating
                                          preference shares

Clearance to deal was obtained from the Company’s chairman.

Astoria has primary listings on the Stock Exchange of Mauritius and the Alternative Exchange of the JSE.

This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of
Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information contained
in this announcement.

Mauritius
12 November 2021

JSE Designated Advisor
Questco Corporate Advisory Proprietary Limited

Company Secretary
Clermont Consultants (MU) Limited

Date: 12-11-2021 05:35:00
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