DENEB INVESTMENTS LIMITED - Category 2 transaction: acquisition of majority of shares in the issued share capital of Dawning Filters

Category 2 transaction: acquisition of majority of shares in the issued share capital of Dawning Filters

DENEB INVESTMENTS LIMITED
Registration number: 2013/091290/06
(Incorporated in the Republic of South Africa)
JSE share code: DNB
ISIN: ZAE000197398
("Deneb")


CATEGORY 2 TRANSACTION: ACQUISITION OF MAJORITY OF SHARES IN THE
ISSUED SHARE CAPITAL OF DAWNING FILTERS – TRANSACTION NOW
UNCONDITIONAL


Shareholders are referred to the announcement published on SENS on 9 October 2025
regarding the acquisition by Deneb of 80% of the total issued share capital of Dawning
Manufacturing KZN Proprietary Limited t/a Dawning Filters ("Acquisition").

Shareholders are advised that all the conditions precedent to the Acquisition have now been
fulfilled. Accordingly, the Acquisition has become unconditional and will be implemented in
accordance with the terms of the sale of shares agreement. The closing date of the Acquisition
will be 13 January 2026, being five business days after the fulfilment of the last of the
conditions precedent.

Cape Town
7 January 2026

Sponsor
PSG Capital

Date: 07-01-2026 09:16:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.