ALEXANDER FORBES GROUP HOLDINGS LIMITED - Disclosure of significant holding of Alexforbes ordinary shares

Disclosure of significant holding of Alexforbes ordinary shares

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 2006/025226/06)
JSE Share Code: AFH and ISIN: ZAE000191516
(Alexforbes or AFH or the company or group)

DISCLOSURE OF SIGNIFICANT HOLDING OF ALEXFORBES ORDINARY SHARES

In accordance with paragraph 122(3)(b) of the Companies Act 71 of 2008, as amended (the Companies Act),
regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited Listings
Requirements, shareholders are advised that, with reference to the company's previous announcement on 19
February 2025 regarding the specific repurchase of the company's shares, the company has received formal
notification that African Rainbow Capital Financial Services Investments Proprietary Limited, registration no
2020/776815/07, consequently now holds 45.83% of the total issued ordinary shares.

As required in terms of section 122(3)(a) of the Companies Act, the company has filed the required notice with the
Takeover Regulation Panel.

The board of directors of the company accepts responsibility for the information contained in this announcement as
it relates to the company and confirms that, to the best of its knowledge and belief, such information relating to the
company is true and that this announcement does not omit anything likely to affect the importance of such
information.


CH Wessels
Executive: Governance, Legal, Compliance and Sustainability (Company Secretary)

24 February 2025
Sandton

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24-02-2025 01:44:00
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