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Circular and Form of Instruction – Rights Issue

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CIRCULAR TO SHAREHOLDERS OF EFORA

Relating to:

  • a renounceable Rights Offer of 1.2 billion Ordinary Shares at an issue price of R0.50 per share, in the ratio of 324.56012 shares for every 100 Ordinary Shares held at the close of business on Friday, 27 July 2018;

and enclosing:

  • a Form of Instruction in respect of a Letter of Allocation (to be completed by holders of Certificated Shares only).

Rights Offer opens at 09:00 on Monday, 30 July 2018
Rights Offer closes at 12:00 on Friday, 10 August 2018

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IMPORTANT NOTICE TO SHAREHOLDERS REGARDING THEIR SHARES

If you are in any doubt as to what action you should take, consult your CSDP, Broker, Banker, Legal Adviser, Accountant or other professional advisers immediately.

Or visit our Shareholder Information page for more information regarding your shareholding and share certificate.