TREMATON CAPITAL INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/008691/06)
Share code: TMT
ISIN: ZAE000013991
Main Board - General Segment
("Trematon" or “the Company”)




 CLASSIFICATION IN THE GENERAL SEGMENT OF THE MAIN BOARD OF THE JSE
 LIMITED

 1.          Introduction


 The board of directors of Trematon is pleased to announce that the Company’s application to
 transfer its listing to the General Segment of the Main Board of the JSE Limited (“JSE”) has
 been approved by the JSE with effect from Wednesday, 22 January 2025. Consequently,
 Trematon will now be classified as being a primary issuer listed in the General Segment of the
 JSE list.

 2.          Application of Listings Requirements – General Segment


 In terms of paragraph 4.59 of the listings requirements of the JSE (“Requirements”)
 classification in the General Segment allows Trematon to apply the following:


 •      An automatic annual rolling general authority to issue shares for cash without
        shareholder approval, representing up to 10% of the issuer’s issued share capital;
 •      Shareholder approval is not required for a general authority to repurchase shares in
        terms of paragraph 5.72 of the Requirements;
 •      Shareholder approval is not required for a specific authority to repurchase shares in
        terms of paragraph 5.69 of the Requirements, subject thereto that no related parties
        are involved and the repurchase does not exceed 20% of shares in issue in any one
        financial year;
 •      Fairness opinions are not required for related party corporate actions and transactions,
        with more focus being placed on governance arrangements and transparency and the
        exclusion from voting of related parties and their associates;
 •      Issuers are only required to prepare annual reports within four months of their financial
        year end, with no obligation to release results announcements within three months;
 •      The      preparation   of   pro   forma   financial   information   is   not   required   for
        transaction/corporate actions, but rather a detailed narrative on the impact of the
        transaction/corporate action on the financial statements must be provided;
 •      The percentage ratio (consideration measured against market capitalisation or dilution)
        for category 1 transactions is 50% or more. Category 2 Requirements will be applicable
        for transactions with percentage ratios of between 5% and 50%;
 •      Shareholder approval and a circular is not required for transactions by a subsidiary that
        is listed on the JSE;
•     Only two years’ audited historical financial information is required to be disclosed on
      the subject of a category 1 transaction;
•     The percentage ratio to determine small-related party transactions is 3% and less than
      or equal to 10%;
•     A material shareholder for related party classification purposes is a shareholder holding
      20% or more of the issued shares of the company; and
•     A pre-listing statement is required only for share issuances exceeding 100% of a
      company’s shares in issue over a three-month period.


Shareholders are reminded that the provisions applicable to companies in the General
Segment only have the specified different application as stated and the remainder of the
provisions of the Requirements continue to apply.


21 January 2025
Cape Town



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