Enhanced Investments - Financial Portal

Dealing in Securities by a Director of a Major Subsidiary of the Company

Published: 2025-07-28 15:10:26 ET

  Capital Appreciation Limited
  Incorporated in the Republic of South Africa
  (Registration number 2014/253277/06)
  Share Code: CTA
  ISIN: ZAE000208245
  (the Company)

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY

In compliance with the JSE Limited ('JSE') Listings Requirements, shareholders are advised of the following:

  Director                                        :     MB Shapiro
  Subsidiary Company                              :     Synthesis Software Technologies (Pty) Ltd
  Status: Executive/Non-Executive                 :     Executive Director
  Nature of transaction                           :     On-market sale of shares
  Class of securities                             :     Ordinary shares
  Nature of interest                              :     Direct Beneficial
  Clearance obtained                              :     Yes
  Date of transaction                             :     a) 24 July 2025
                                                        b) 25 July 2025
                                                        c) 28 July 2025
  Number of securities sold                       :     a) 670 001 shares
                                                        b) 263 643 shares
                                                        c) 58 914 shares
  Sale price                                      :     a) Lowest price per share of R1.78 and highest price
                                                            per share of R1.79. Volume weighted average
                                                            price per share of R1.7815
                                                        b) Lowest price per share of R1.78 and highest price
                                                            per share of R1.79. Volume weighted average
                                                            price per share of R1.7812
                                                        c) Lowest price per share of R1.78 and highest price
                                                            per share of R1.79. Volume weighted average
                                                            price per share of R1.7831
  Total value of transactions                     :     a) R1 193 602
                                                        b) R469 595
                                                        c) R105 050




 Sandton
 28 July 2025

 Sponsor
 Investec Bank Limited

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

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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.