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 and
29 November 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 9 December 2024 to 15
January 2025 to continue discussions with regards to the
transaction terms.

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

Stellenbosch
9 December 2024

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

Date: 09-12-2024 05:00:00
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