Enhanced Investments - Financial Portal

Acquisition of securities by Newshelf 1405 (RF) Proprietary Limited ("Newshelf 1405")

Published: 2023-09-04 17:48:28 ET

Absa Group Limited
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
JSE share code: ABG
ISIN: ZAE000255915
(“Absa Group” or “the Group”)


ACQUISITION OF SECURITIES BY NEWSHELF 1405 (RF) PROPRIETARY LIMITED ("Newshelf 1405")

Further to the announcement dated 1 September 2023 regarding Absa’s B-BBEE transaction implementation,
and in accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the
JSE Listings Requirements, shareholders are hereby advised that Absa Group has received formal
notification from Newshelf 1405 that the company has acquired a 7% interest in the issued ordinary shares
of the Group.

As required in terms of Section 122 of the Companies Act, the required notice will be filed with the Takeover
Regulation Panel.

The board of directors of Absa Group accepts responsibility for the information contained in the
announcement, having received the form TRP121.1 from Newshelf 1405 and, to the best of their respective
knowledge, believe the information contained in the announcement is accordingly true.

Johannesburg
4 September 2023


Enquiries:
Alan Hartdegen
E-mail: Alan.Hartdegen@absa.africa

Lead Independent Sponsor to Absa Group:
J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor to Absa Group:
Corporate and Investment Bank, a division of Absa Bank

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.