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Thu 17 Feb 2022, 17:23 ETION LIMITED - Cautionary Announcement
Cautionary Announcement

 ETION LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration Number: 1987/001222/06)
 (Share Code: ETO)
 (ISIN: ZAE000097028)
 (“Etion” or “the Company”)

CAUTIONARY ANNOUNCEMENT

Shareholders are hereby advised that the Company has entered into negotiations to dispose
of one or all of its subsidiaries, which, if successfully concluded, may have a material effect
on the price of the Company’s securities.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s
securities until a full announcement is made.

17 February 2022
Pretoria

Designated adviser
PSG Capital

Date: 17-02-2022 05:23:00
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