WILSON BAYLY HOLMES - OVCON LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1982/011014/06)
Share code: WBO
ISIN: ZAE000009932
(“WBHO or “Company”)


DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING


Shareholders (WBHO Shareholders) are referred to the announcement released on SENS on 6
April 2023 regarding the WBHO B-BBEE Ownership Transaction, a proposed broad-based black
economic empowerment ownership transaction involving employees, black women, youth and
black people (including black women and youth) living in rural and underdeveloped areas.


WBHO Shareholders are advised that the Company has posted a circular (Circular) today, Friday,
5 May 2023, including a notice of general meeting (Notice of General Meeting) of WBHO
Shareholders to be conducted entirely by electronic communication at 10:00 (South African
Standard Time) on Tuesday, 6 June 2023 (General Meeting), in order for the WBHO
Shareholders to consider and, if deemed fit, adopt, resolutions relating to the WBHO B-BBEE
Ownership Transaction.


Copies of the Circular may be obtained from the registered office of WBHO (53 Andries Street,
Wynberg, Sandton, 2090) and the offices of the Sponsor (100 Grayston Drive, Sandton, 2196)
during normal business hours from the date of this announcement until the date of the General
Meeting, or by emailing donna.msiska@wbho.co.za during the same period. This Circular will also
be available on the WBHO website, https://www.wbho.co.za, during the same period.


Salient dates


                                                                                     2023
 Last practicable date for the Circular                                  Tuesday, 25 April
 Record date to be entitled to receive the Circular containing the
 Notice of General Meeting on                                              Friday, 28 April
 Circular distributed to WBHO Shareholders on                                Friday, 5 May
 Last Day to trade in WBHO shares for a WBHO Shareholder to be
 entitled to attend, and speak and vote at, the General Meeting on       Tuesday, 23 May
                                                                                                            2023
 Record date for a WBHO Shareholder to be entitled to attend, and
 speak and vote at, the General Meeting on                                                     Friday, 26 May
 For administrative purposes, WBHO Shareholders requested (but
 not required) to lodge forms of proxy by 10:00 by                                              Friday, 2 June
 Last date to lodge forms of proxy at any time before the resolutions
 are first put to a vote the General Meeting                                                 Tuesday, 6 June
 General Meeting to be conducted at 10:00 on                                                 Tuesday, 6 June
 Results of the General Meeting released on SENS on                                          Tuesday, 6 June
 Implementation by                                                                             Friday, 30 June


Notes:
1.       All dates and times are South African dates and South African Standard Time.
2.       The dates and times are subject to change and may be changed by WBHO. Any material change will be
         released on SENS and published in the South African press.
3.       If the General Meeting is adjourned or postponed, forms of proxy submitted for the initial General Meeting will
         remain valid in respect of any resumption of an adjourned meeting or recommencement of a postponed
         meeting.
4.       WBHO Shareholders should note that, insofar as transactions in the WBHO Shares are settled in the electronic
         settlement system used by Strate, settlement of trades takes place three JSE trading days after such trade.
         Accordingly, WBHO Shareholders who purchase WBHO Shares after Tuesday, 23 May 2023, will not be
         eligible to vote at the General Meeting as they will not have been recorded on the WBHO Securities Register
         on the relevant record date.




Johannesburg

5 May 2023



Sponsor

Investec Bank Limited