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Dealing in securities by an associate of a director

Published: 2023-12-12 14:26:33 ET
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TIGER BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS ISIN: ZAE000071080
(“Tiger Brands” or “the Company”)


Dealing in securities by an associate of a director
In compliance with paragraphs 3.63 – 3.74 of the JSE Limited
Listings Requirements, shareholders are advised of the following
share transaction by an associate of a director of the Company:


Name of Director               Mr S Sithole
Name of Associate              Value Capital Partners
Nature of transaction          On-market purchase of shares
Class of security              Ordinary shares
Nature of interest             Indirect beneficial
                               Mr S. Sithole has an indirect
                               beneficial interest in Value Capital
                               Partners, which is the registered
                               investment manager to the Value
                               Capital Partners H4 QI Hedge Fund
                               and various other funds.



Transaction date               7 December 2023
Number of ordinary shares      246 878
Highest price per share        R190.00
Lowest price per share         R187.25
Value weighted average price   R189.7251
Total value                    R46,838,953.24

Transaction date               8 December 2023
Number of ordinary shares      248 122
Price per share                R192.14
Total value                    R47,674,161.08




In terms of paragraph 3.66 of the Listings Requirements, the
necessary clearance to deal in the above securities has been
obtained.

Bryanston, 12 December 2023
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited