Adcorp Group: Disclosure of beneficial interest in securities

Adcorp Holdings Limited
Registration number 1974/001804/06
Share code: ADR
ISIN number: ZAE000000139
(“Adcorp” or the “Company”)

Disclosure of beneficial interest in securities

In compliance with paragraph 3.83(b) of the JSE Limited Listings Requirements and section 122(3)(b) of the Companies Act, No 71 of 2008 (“the Companies Act”), shareholders are advised that Adcorp has received formal notification from Value Capital Partners Proprietary Limited (“VCP”) who have acquired an interest in the ordinary shares of Adcorp, such that the total interest in the ordinary shares of Adcorp held by VCP now amounts to 25.75% of the total issued ordinary shares of the Company. Adcorp will file the required notice with the Takeover Regulations Panel.

10 December 2019
Sandton
Sponsor: Nedbank Corporate and Investment Banking