Enhanced Investments - Financial Portal

Announcement of closing price of Rainbow shares and RCL Foods shares

Published: 2024-06-28 18:30:25 ET

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share code: RCL
("RCL FOODS")

ANNOUNCEMENT OF CLOSING PRICE OF RAINBOW SHARES AND RCL FOODS SHARES

1.     INTRODUCTION AND BACKGROUND

1.1.    RCL FOODS’ shareholders ("Shareholders") are referred to the announcements released by RCL FOODS on
        the Stock Exchange News Service of the JSE on 4 June 2024 and 10 June 2024, regarding the listing on the
        Main Board of the JSE of all of the issued ordinary no par value shares (“Rainbow Shares”) of Rainbow Chicken
        Limited (“Rainbow”) and the subsequent unbundling thereof by way of a pro rata distribution in specie to
        Shareholders.

1.2.    All capitalised terms used but not defined in this announcement shall bear the meanings ascribed to them in the
        pre-listing statement of Rainbow published on 10 June 2024.

2.     CLOSING PRICE OF RCL FOODS SHARES AND RAINBOW SHARES

        As per the applicable JSE corporate action timetable, RCL FOODS hereby advises Shareholders that, on
        28 June 2024, the closing price of Rainbow Shares amounted to R4.69 per share and the closing price of RCL
        Foods Shares amounted to R10.05 per share.


Westville
28 June 2024

Financial Adviser and Transaction Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Legal Adviser to RCL Foods and Rainbow
Edward Nathan Sonnenbergs Incorporated (trading as ENS)

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.