Share Repurchase Programme Libstar Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2014/032444/06) (JSE share code: LBR) (ISIN: ZAE000250239) (“Company” or “Libstar”) SHARE REPURCHASE PROGRAMME Shareholders are advised that the Company has established a share repurchase programme in terms of which the Company and/or its subsidiaries may repurchase up to 20,457,642 ordinary shares in the Company (“Libstar Shares”), constituting 3% of the total issued ordinary share capital of Libstar (“Repurchase Programme”). The Repurchase Programme will be effected in accordance with the general authority to repurchase shares for cash, which was granted in terms of a special shareholder resolution dated 13 April 2018 (“General Authority”). The General Authority is subject to the provisions of the Company’s Memorandum of Incorporation and the JSE Listings Requirements, the salient terms of which are set out in paragraph 2.3 of Section 10 of the pre-listing statement dated 24 April 2018. The Repurchase Programme will not impact the Company’s commitment to pursue its growth strategies. The Company has entered into an agreement with RMB Morgan Stanley to conduct the Repurchase Programme. Libstar Shares purchased in terms of the Repurchase Programme may not be made at a price greater than 10% above the volume weighted average trading price of Libstar Shares over the five trading days immediately preceding any particular repurchase. This will be effected through the order book operated by the JSE Limited. Johannesburg 19 December 2018 Sponsor The Standard Bank of South Africa Limited Date: 19/12/2018 12:37:00 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.
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