CROOKES BROTHERS LIMITED - Notice of Provision of Direct or Indirect Financial Assistance in terms of section 45 of the Companies Act
Notice of Provision of Direct or Indirect Financial Assistance in terms of section 45 of the Companies Act
Crookes Brothers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
Share code: CKS ISIN: ZAE000001434
("Crookes Brothers" or "the Company")
NOTICE OF PROVISION OF DIRECT OR INDIRECT FINANCIAL ASSISTANCE IN TERMS OF
SECTION 45 OF THE COMPANIES ACT NO 71 OF 2008
Shareholders of Crookes Brothers are referred to the special resolution tabled and approved at the
Annual General Meeting held on 29 August 2025, authorising directors in terms of Section 45 of the
Companies Act, 2008 (Act 71 of 2008) ("the Act") to provide direct or indirect financial assistance to any
company or corporation which is related or inter-related to the Company. The Board has authorised the
Company in terms of Section 45 (2) of the Act, to provide or to continue to provide direct or indirect
financial assistance (including by way of loans or guarantees) to related or inter-related companies in
the normal course of business.
The Board has confirmed that, after considering the reasonably foreseeable financial circumstances of
the Company, it is satisfied that, immediately after it provides such financial assistance, the Company
would satisfy the solvency and liquidity test, as contemplated in terms of Section 4 of the Act and that
the terms under which such financial assistance would be given would be fair and reasonable to the
Company. Shareholders are advised that the financial assistance (loan finance) to be provided to the
related or inter-related companies may exceed 1/10th of 1% of the Company's net worth as at the
approval date of this notification.
Durban
27 November 2025
JSE Sponsor to Crookes Brothers
Questco Corporate Advisory (Pty) Ltd
Date: 27-11-2025 02:30:00
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