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Dealings in securities by directors of the company and directors of a major subsidiary
RFG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2012/074392/06)
JSE share code: RFG
ISIN: ZAE000191979
("the Company")
DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY AND DIRECTORS OF A MAJOR
SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the following information is disclosed:
Director : Willem Pieter Hanekom
Company : RFG Holdings Limited
Date of transaction : 11 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of conditional performance shares awarded
on 9 December 2022 in accordance with the
RFG Holdings Limited 2021 Share Plan
Class of securities : Ordinary shares
Number of securities : 778 204
Exercise price per share : R22.85
Total value of transaction : R17 781 961.40
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Christiaan Cornelius Schoombie
Company : RFG Holdings Limited
Date of transaction : 11 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of conditional performance shares awarded
on 9 December 2022 in accordance with the
RFG Holdings Limited 2021 Share Plan
Class of securities : Ordinary shares
Number of securities : 449 456
Exercise price per share : R22.85
Total value of transacti : R10 270 069.60
Clearance obtained : Yes
Director : Job Bonginkosi Mpele
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Date of transaction : 11 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of conditional performance shares awarded
on 9 December 2022 in accordance with the RFG
Holdings Limited 2021 Share Plan
Class of securities : Ordinary shares
Number of securities : 282 185
Exercise price per share : R22.85
Total value of transaction : R6 447 927.25
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Constantine Costaras
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Date of transaction : 11 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of conditional performance shares awarded
on 9 December 2022 in accordance with the
RFG Holdings Limited 2021 Share Plan
Class of securities : Ordinary shares
Number of securities : 332 459
Exercise price per share : R22.85
Total value of transaction : R7 596 688.15
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Constantine Costaras
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Date of transaction : 9 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of share appreciation rights awarded on
1 December 2020 in accordance with the
Rhodes Food Group 2015 Share Plan
Class of securities : Ordinary shares
Number of securities : 9 523
Price per share : R22.25
Total value of transaction : R211 886.75
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Jacques Peter Cilliers
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Dare of transaction : 11 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of conditional performance shares awarded
on 9 December 2022 in accordance with the
RFG Holdings Limited 2021 Share Plan
Class of securities : Ordinary shares
Number of securities : 282 185
Exercise price per share : R22.85
Total value of transaction : R6 447 927.25
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Jacques Peter Cilliers
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Date of transaction : 9 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of share appreciation rights awarded on
1 December 2020 in accordance with the
Rhodes Food Group 2015 Share Plan
Class of securities : Ordinary shares
Number of securities : 2 453
Price per share : R22.25
Total value of transaction : R54 579.25
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Johannes Nicolaas Potgieter
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Dare of transaction : 11 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of conditional performance shares awarded
on 9 December 2022 in accordance with the
RFG Holdings Limited 2021 Share Plan
Class of securities : Ordinary shares
Number of securities : 61 549
Exercise price per share : R22.85
Total value of transaction : R1 406 394 .65
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Johannes Nicolaas Potgieter
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Dare of transaction : 9 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of forfeitable restricted shares awarded on
9 December 2022 in accordance with the
RFG Holdings Limited 2021 Share Plan
Class of securities : Ordinary shares
Number of securities : 29 010
Exercise price per share : R22.85
Total value of transaction : R662 878.50
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Johannes Nicolaas Potgieter
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Date of transaction : 9 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of share appreciation rights awarded on
1 December 2020 in accordance with the
Rhodes Food Group 2015 Share Plan
Class of securities : Ordinary shares
Number of securities : 2 090
Price per share : R22.25
Total value of transaction : R46 502.50
Nature of interest : Direct beneficial
Clearance obtained : Yes
Director : Job Bonginkosi Mpele
Company : RFG Foods (Proprietary) Limited, a major subsidiary
of the Company
Date of transaction : 9 December 2025
Nature of transaction : Off-market acceptance of ordinary shares delivered
in terms of share appreciation rights awarded on
1 December 2020 in accordance with the
Rhodes Food Group 2015 Share Plan
Class of securities : Ordinary shares
Number of securities : 8 083
Price per share : R22.25
Total value of transaction : R179 846.75
Nature of interest : Direct beneficial
Clearance obtained : Yes
Groot Drakenstein
12 December 2025
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 12-12-2025 04:50:00
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