Enhanced Investments - Financial Portal

Dealings in Securities by an Associate of a Director

Published: 2024-05-31 17:59:18 ET [no company card]

                                        Workforce Holdings Limited
                                  Incorporated in the Republic of South Africa
                                    (Registration number 2006/018145/06)
                                   Share code: WKF ISIN: ZAE000087847
                                         (“Workforce” or the “Group”)


                       DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Name of director:                          Mr RS Katz
Company:                                   Workforce Holdings Limited
Name of associate:                         Force Holdings Proprietary Limited (“Force Holdings”)
Relationship of director to associate:     Mr RS Katz, the sole director of Force Holdings who is however, not
                                           a shareholder, controls the exercise of more than 35% of the votes
                                           of Force Holdings.
Class of securities:                       Workforce ordinary shares
Extent of director’s interest:             Indirect beneficial


Nature of transaction:                     Off market sale of shares by Force Holdings to Pha Phama Africa
                                           Investments Proprietary Limited to improve the Group’s B-BBEE
                                           shareholding
Date of transaction:                       24 May 2024
Number of securities:                      500 000
Price per security:                        R1.65
Total value:                               R825 000.00


Johannesburg
31 May 2024


Designated Adviser
Merchantec Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.