REMGRO LIMITED - Update on the acquisition of an interest in Maziv by Vodacom

Update on the acquisition of an interest in Maziv by Vodacom

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN ZAE000026480
JSE and A2X share code REM
("Remgro")

UPDATE ON THE ACQUISITION OF AN INTEREST IN MAZIV BY VODACOM

Shareholders are referred to the announcement on SENS on
10 November 2021 and further updates on 15 May 2023, 10 August
2023, 28 November 2023, 29 October 2024, 26 November 2024,
29 November 2024 and 9 December 2024. These announcements set
out details of Vodacom Proprietary Limited's ("Vodacom")
proposed acquisition of a 30% interest in a newly formed entity
Maziv Proprietary Limited ("Maziv") that would house all the
material assets owned by Community Investment Ventures Holdings
Proprietary Limited, including Vumatel Proprietary Limited and
Dark Fibre Africa Proprietary Limited (the "transaction").

Shareholders are advised that the transaction parties have
agreed to extend the longstop date from 15 January 2025 to
31 January 2025 to continue discussions with regards to the
transaction terms.

Shareholders are also referred to the Vodacom announcement
published on SENS today.

Stellenbosch
15 January 2025

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

Date: 15-01-2025 05:00:00
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