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RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL
(“RCL FOODS" or “the Company”)
DISCLOSURE OF SIGNIFICANT HOLDING OF RCL FOODS ORDINARY SHARES
In accordance with section 122(3)b) of the Companies Act, No. 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 the Company has received formal notification that,
following the Company’s specific repurchase of shares pursuant to the unwinding of its BEE Transaction
(approved by shareholders pursuant to the circular distributed on 14 November 2022):
(i) Remgro Limited’s beneficial interest in the Company has increased such that it now holds 80,22% of the
issued ordinary shares in RCL FOODS; and
(ii) MandG Investment (Pty) Ltd’s beneficial interest in the Company has increased such that it now holds
5.24% of the issued ordinary shares in RCL FOODS.
As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notices
with the Takeover Regulation Panel.
The board of directors of RCL FOODS 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 RCL FOODS is true and that this announcement does not omit anything likely to affect
the importance of such information.
Durban
24 February 2023
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
