ARGENT INDUSTRIAL LIMITED - Dealing in shares by an associate of directors

Dealing in shares by an associate of directors

ARGENT INDUSTRIAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/002054/06)
Share code: ART
ISIN: ZAE000019188
("Argent" or "the Company")

DEALING IN SHARES BY AN ASSOCIATE OF DIRECTORS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, details of the
dealing in securities by NWN Automotive Precision Engineering Pty Ltd ("Associate"), which is an
associate of two directors of Argent, namely TR Hendry and AF Litschka (collectively, "the Directors"),
are disclosed in the table below.

The Directors, together with Sue Cox, a retired ex-director of the Company, are shareholders of the
Associate. The Associate disposed of a number of Argent shares in an on market transaction, for the
sole purpose of reducing Sue's indirect shareholding in Argent.

 NAME OF DIRECTORS                                    T R Hendry and A F Litschka

 COMPANY OF WHICH DIRECTORS                           Argent

 STATUS: EXECUTIVE/NON-EXECUTIVE                      Executive directors

 TYPE AND CLASS OF SECURITIES                         Ordinary shares

 NATURE OF TRANSACTION                                Sale of shares by an associate of the
                                                      Directors (on-market transaction)

 DATE OF TRANSACTION                                  24 January 2024

 PRICE PER SECURITY                                   R15.70

 NUMBER OF SECURITIES TRANSACTED                      72 710

 TOTAL RAND  VALUE  OF SECURITIES                     R1 141 547
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN THE                 Indirect, beneficial
 TRANSACTION

 NAME OF ASSOCIATE                                    NWN Automotive Precision Engineering Pty
                                                      Ltd

 RELATIONSHIP WITH DIRECTORS                          The Directors are both shareholders of the
                                                      Associate

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Durban
29 January 2024

Sponsor
PSG Capital

Date: 29-01-2024 04:40:00
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