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Dealing in securities
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
("ARM" or "the Company")
DEALING IN SECURITIES
A. Dealing in Securities by a Director of Two Rivers Platinum Proprietary
Limited, a Major Subsidiary of ARM
In compliance with paragraphs 6.77 to 6.85 of the Listings Requirements of the
JSE Limited (the "Listings Requirements"), we hereby provide the following
information regarding dealings in ARM securities by a Director of Two Rivers
Platinum Proprietary Limited, a major subsidiary of the Company:
Name of director Nicholus Vusimuzi Khumalo
Category of director Director of Two Rivers Platinum Proprietary
Limited, a major subsidiary of ARM
Date of transaction 4 May 2026
Nature of transaction On-market sale of shares
Class of securities Ordinary shares
Number of securities 30 000 shares
Selling price of securities Volume weighted average price of R222.2806 per
share (with a low of R221.90 per share and a
high of R223.30 per share)
Total value of transaction R6 668 416.53
Nature of interest Direct, beneficial
Date of transaction 5 May 2026
Nature of transaction On-market sale of shares
Class of securities Ordinary shares
Number of securities 30 000 shares
Selling price of securities Volume weighted average price of R222.1549 per
share (with a low of R220.80 per share and a
high of R224.00 per share)
Total value of transaction R6 664 647.25
Nature of interest Direct, beneficial
B. Dealing in Securities by a Director of ARM Mining Consortium Limited, a
Major Subsidiary of ARM
In compliance with paragraphs 6.77 to 6.85 of the Listings Requirements, we
hereby provide the following information regarding dealings in ARM securities
by a Director of ARM Mining Consortium Limited, a major subsidiary of the
Company:
Name of director Busisiwe Rita Tshabalala
Category of director Director of ARM Mining Consortium Limited, a
major subsidiary of ARM
Date of transaction 6 May 2026
Nature of transaction On-market sale of shares
Class of securities Ordinary shares
Number of securities 13 000 shares
Selling price of securities R231.00 per share
Total value of transaction R3 003 000.00
Nature of interest Direct, beneficial
C. Dealing in Securities by a Prescribed Officer of ARM
In compliance with paragraphs 6.77 to 6.85 of the Listings Requirements, we
hereby provide the following information regarding dealings in ARM securities
by a Prescribed Officer of ARM:
Name of director Hamilton Luthando Mkatshana
Category of director Prescribed Officer of ARM
Date of transaction 6 May 2026
Nature of transaction On-market sale of shares
Class of securities Ordinary shares
Number of securities 150 000 shares
Selling price of securities Volume weighted average price of R231.6939 per
share (with a low of R230.00 per share and a
high of R234.00 per share)
Total value of transaction R34 754 092.05
Nature of interest Direct, beneficial
The requisite clearances and approvals for these transactions have been
obtained in compliance with the securities dealing policies and procedures of
ARM and paragraph 6.83 of the Listings Requirements.
Sandton
8 May 2026
Sponsor to ARM:
Investec Bank Limited
Date: 08-05-2026 10:25:00
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