SILVERBRIDGE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1995/006315/06)
Share code: SVB
ISIN: ZAE000086229
(“SilverBridge” or “the Company”)



RESULTS OF THE GENERAL OFFER


SilverBridge shareholders (“Shareholders”) are referred to the various announcements and
the offeree response circular distributed to Shareholders on 20 July 2022 (“Offeree
Response Circular”) in relation to the firm offer letter that the Company received from ROX
Equity Partners Limited (“ROX” or the “Offeror”) to acquire from Shareholders all the issued
ordinary shares in the capital of the Company (“Shares”) for a cash consideration of R2.00
per Share on and subject to the further terms and conditions contained therein (the "Offer").

The definitions and interpretations in the Offeree Response Circular apply, unless the context
clearly indicates otherwise, throughout this announcement.

Shareholders are hereby advised that the Offer closed on Friday, 23 September 2022. The
Offer was accepted in respect of 31 476 884 Shares, representing 96.63% of the total Shares
(net of treasury Shares).

As set out in the announcement released on Tuesday, 20 September 2022, the Offeror has
elected to invoke the compulsory acquisition process set out in section 124 of the Companies
Act, following the implementation of which the Shares will be delisting from the JSE. It is
anticipated that the Shares will be delisted with effect from 2 November 2022.

The Independent Board individually and collectively accepts full responsibility for the accuracy
of the information contained in this announcement. In addition, the Independent Board certifies
that to the best of its knowledge and belief, the information contained in this announcement is
true and, where appropriate, does not omit anything that is likely to affect the importance of
the information contained herein, and that all reasonable enquiries to ascertain such
information have been made.

Pretoria
26 September 2022

Transaction Advisor and Designated Advisor
PSG Capital
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO
WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF
SUCH JURISDICTION.

This announcement is for information purposes only. It is not intended to and does not
constitute, or form part of, any offer, invitation or the solicitation of any offer to purchase,
otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation
of any vote or approval in any jurisdiction, pursuant to the acquisitions of securities
contemplated hereby or otherwise nor shall there be any sale, issuance or transfer of
securities in any jurisdiction in contravention of applicable law.

THIS WRITTEN MATERIAL IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES. THE INFORMATION CONTAINED
HEREIN IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. THE
SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED
UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE
OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN
EXEMPTION FROM REGISTRATION.