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Mon 18 Sep 2023, 12:00 KAP LIMITED - Dealings in Shares – Transfer of Shares from a Director to his Associate
Dealings in Shares – Transfer of Shares from a Director to his Associate

KAP LIMITED
(Formerly KAP Industrial Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
LEI code: 3789001F51BC0045FD42
(‘KAP’ or ‘the Company’)

DEALINGS IN SHARES – TRANSFER OF SHARES FROM A DIRECTOR TO HIS ASSOCIATE

Shareholders are advised that the chief financial officer of the Company, Frans Olivier ("Director”), transferred
KAP shares held by him to his associate, which transfer does not affect the aggregate shareholding of the
Director and his associates in KAP.

In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, details of the transfer are
disclosed in the table below:

 NAME OF DIRECTOR                                   FH Olivier

 COMPANY OF WHICH A DIRECTOR                        KAP Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                    Executive director

 TYPE AND CLASS OF SECURITIES                       Ordinary shares

 NATURE OF TRANSACTIONS                             (1)   Off-market transaction in terms of which the Director
                                                          sold ordinary shares to his associate, The
                                                          Mashoweng Trust
                                                    (2)   Off-market transaction in terms of which The
                                                          Mashoweng Trust, an associate of the Director,
                                                          acquired ordinary shares from the Director

 DATE OF TRANSACTION                                15 September 2023

 NUMBER OF SECURITIES TRANSACTED                    339 105

 PRICE PER SECURITY (CENTS)                         241 (being the market price per share at close of business
                                                    on 14 September 2023)

 TOTAL RAND VALUE OF SECURITIES                     R817 243.05
 TRANSACTED

 NAME OF ASSOCIATE                                  The Mashoweng Trust

 RELATIONSHIP WITH DIRECTOR                         The Director is a trustee and beneficiary of the associate

 NATURE AND EXTENT OF INTEREST IN                   (1)   Sale of shares by the Director: Direct beneficial
 THE TRANSACTIONS                                   (2)   Acquisition of shares by associate: Indirect beneficial

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings Requirements.

Stellenbosch
18 September 2023

Sponsor
PSG Capital

Date: 18-09-2023 12:00:00
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