Enhanced Investments - Financial Portal

Dealing in Securities by an Associate of a Director of the Company

Published: 2023-04-06 14:00:22 ET

Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(“Blue Label” or “the company”)


DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY

Shareholders are advised of the following dealing in securities by an associate of a director of Blue
Label Telecoms on 5 April 2023:

Ellerine Group Proprietary Limited, an associate of Mr. Kevin Ellerine, disposed of 20 000 000 Blue
Label shares to its holding company as part of a reorganisation of certain of the Ellerine family’s
investments at a price of R4,55 per share for a total transaction value of R91 million. The disposal
does not give rise to any change in the effective beneficial ownership of the shares. The
transaction was conducted off-market and although clearance to deal is not applicable, clearance
was obtained.


Sandton
6 April 2023

Sponsor:
Investec Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.