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Purchase of shares by subsidiary company

Published: 2022-11-25 10:32:19 ET
<<<  go to JSE:RFG company page
RFG Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2012/074392/06)
ISIN: ZAE000191979
Share Code: RFG
(“RFG”)

PURCHASE OF SHARES BY SUBSIDIARY COMPANY

In compliance with the JSE Limited Listings Requirements, RFG announces that its major subsidiary has,
in accordance with the rules of The Rhodes Food Group 2015 Share Plan (the Plan), purchased RFG
shares in the open market in order to fulfill the settlement of restricted shares. The following information
relating to the purchase is disclosed:



Company                                           RFG Foods Proprietary Limited
Date of transaction                               24 November 2022
Nature of transaction                             On market purchase of securities
Class of securities                               Ordinary shares
Number of shares purchased                        50 000
Volume weighted average purchase price
per share:                                        R11.50
Highest purchase price per share                  R11.65
Lowest purchase price per share                   R11.49
Total value of transaction                        R575 239.75
Nature of interest                                Direct beneficial
Clearance obtained                                Yes


Groot Drakenstein
25 November 2022

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)