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ADVTECH:  4,360   0 (0.00%)  17/06/2026 16:55

ADVTECH LIMITED - Voluntary Announcement: General Repurchase of Shares

Release Date: 17/06/2026 13:28
Code(s): ADH     PDF:  
Wrap Text
Voluntary Announcement: General Repurchase of Shares

Advtech Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH         ISIN: ZAE000031035
("Advtech" or "the Company")

VOLUNTARY ANNOUNCEMENT: GENERAL REPURCHASE OF SHARES

Shareholders are advised that Advtech Limited has repurchased 5 740 128 shares (the "repurchase")
for the below period:

Dates of repurchase:                             30 March 2026 to 10 June 2026
Number of shares repurchased:                    5 740 128 shares
Lowest repurchase price per share (cents):       R40.47 per share
Highest repurchase price per share (cents):      R44.90 per share
Total value of shares repurchased:               R250.0 million

The repurchase represents approximately 1.04% of the Company's issued share capital.

From the total shares repurchased, 2 797 675 shares have been cancelled, and the remaining
2 942 453 shares will be cancelled before 30 June 2026.

The share repurchase underpins the board's confidence in the company's robust cash generation and
long-term growth trajectory.

The Board considered the effect of the repurchase and believes that for a period of twelve months
following the date of this announcement:

-   the Company and the Group will be able in the ordinary course of business to pay its debts;

-   the assets of the Company and the Group will be more than the liabilities of the Company and the
    Group. For this purpose, the assets and liabilities were recognised and measured in accordance
    with the accounting policies used in the latest audited annual Group financial statements;

-   the share capital and reserves of the Company and the Group will be adequate for ordinary
    business purposes;

-   the working capital of the Company and the Group will be adequate for ordinary business
    purposes; and

-   the Company and the Group have passed the solvency and liquidity test and since the test was
    performed, there have been no material changes to the financial position of the Group.

The repurchase was made through the order book of the JSE, without any prior understanding or
arrangement between the Company and the counter parties. None of the repurchases were effected
during a prohibited period. The repurchase was funded from the Group's available cash resources. The
impact on other areas of the Company's financial information is immaterial.

17 June 2026
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 17-06-2026 01:28:00
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