SAFARI INVESTMENTS (RSA) LIMITED - Disclosure of Transfer of Securities

Disclosure of Transfer of Securities

SAFARI INVESTMENTS RSA LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2000/015002/06)
Approved as a REIT by the JSE Limited
Share code: SAR
ISIN: ZAE000188280
(“Safari” or “the Company”)


DISCLOSURE OF TRANSFER OF SECURITIES


In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008, as amended and
paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised
that the Company has received formal notification in the prescribed form from Heriot Investments
Proprietary Limited (“Heriot”), advising that it has transferred 25,782,608 ordinary shares in
Safari, equivalent to a circa 10.02% interest in Safari to its subsidiary, Thibault REIT Limited
(“Thibault”), as part of the listing of Thibault on the Cape Town Stock Exchange (“Transfer”).

Following the Transfer, the total beneficial interest held by Heriot and its related parties, being
Heriot REIT Limited, Reya Gola Investments Proprietary Limited and Thibault remains at 57.0%
of the Company’s total issued ordinary share capital.

The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with the
Takeover Regulation Panel.

The board of the Company accepts responsibility for the information contained in this
announcement as it relates to the Company and confirms that, to the best of its knowledge and
belief, such information accurately reflects the information contained in the TRP 121.1 form
received by the Company from Heriot.


Pretoria
27 September 2023


Sponsor
Valeo Capital (Pty) Limited

Date: 27-09-2023 11:35:00
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