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Tue 28 May 2019, 16:00 QUANTUM FOODS HOLDINGS LIMITED - Repurchase Implemented: Dealings In Shares By Associates Of A Director
QFH 201905280064A
Repurchase Implemented: Dealings In Shares By Associates Of A Director

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN: ZAE000193686
("Quantum Foods" or "the Company")

REPURCHASE IMPLEMENTED: DEALINGS IN SHARES BY ASSOCIATES OF A DIRECTOR

Shareholders are referred to the Company's circular dated 5 April 2019 regarding the
proposed specific repurchase of 18 091 661 Quantum Foods shares from certain black
shareholders ("BEE Parties") at R3.30 per share ("Repurchase"), as well as to the SENS
announcement on 27 May 2019 advising that the Repurchase had been approved by
shareholders at a general meeting on the same date.

Shareholders are advised that, as all conditions precedent have been fulfilled, the Repurchase
has been implemented.

Certain of the BEE Parties participating in the Repurchase are associates of a director of
Quantum Foods and details of the Repurchase from those associates are detailed below, as
required under paragraphs 3.63 to 3.74 of the JSE Listings Requirements.

NAME OF DIRECTOR                                 ASM Karaan
COMPANY OF WHICH A DIRECTOR                      Quantum Foods Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE                  Non-executive
TYPE AND CLASS OF SECURITIES                     Ordinary shares
NATURE OF TRANSACTION                            Sale of shares by an associate      (1), (2)
                                                 of the director pursuant to the
                                                 Repurchase (off-market
                                                 transaction)
DATE OF TRANSACTION                              27 May 2019                         (1), (2)
PRICE PER SECURITY                               R3.30                               (1), (2)
                                                 86 147                              (1)
NUMBER OF SECURITIES TRANSACTED
                                                 1 059 999                           (2)
TOTAL RAND VALUE OF SECURITIES                   R284 285.10                         (1)
TRANSACTED                                       R3 497 996.70                       (2)
                                                 Triple Advanced Investments         (1)
                                                 No 107 (RF) Proprietary Limited
NAME OF ASSOCIATE                                Ripa Issuer Subco Investments       (2)
                                                 (RF) Proprietary Limited
                                                 ("Ripa")
                                                 The director is a director of the   (1)
                                                 associate and director and
RELATIONSHIP WITH DIRECTOR
                                                 shareholder of the associate's
                                                 holding company
                                                 The director is a director of Ripa  (2)
                                                 and a director and shareholder
                                                 of an associate of Ripa
NATURE AND EXTENT OF INTEREST IN                 Indirect, beneficial                (1), (2)
THE TRANSACTION

Wellington
28 May 2019

Transaction Advisor and Sponsor
PSG Capital

Date: 28/05/2019 04:00:00 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
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