Insimbi Industrial : Dealing in shares – transfer of shares from a director to an associate

Insimbi Industrial Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 ("Insimbi" or "the Company")

DEALING IN SHARES - TRANSFER OF SHARES FROM A DIRECTOR TO AN ASSOCIATE

Shareholders are advised that the Company's CEO, Mr Frederik Botha, transferred Insimbi shares held by him to an associate company.

Mr Botha's effective exposure to the shares in question will remain the same, albeit that they are now held indirectly via the associate company.

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed:

NAME OF DIRECTOR	Frederik Botha
COMPANY OF WHICH A DIRECTOR	Insimbi Industrial Holdings Limited
STATUS: EXECUTIVE/NON-EXECUTIVE	Executive
TYPE AND CLASS OF SECURITIES	Ordinary shares
NATURE OF TRANSACTION	Transfer of shares (off-market transaction)
DATE OF TRANSACTION	11 August 2022
PRICE PER SECURITY	R1.03
NUMBER OF SECURITIES TRANSACTED	36 847 300
TOTAL RAND VALUE OF SECURITIES	R37 952 719
TRANSACTED
NAME OF ASSOCIATE	African Goshawk (Pty) Ltd
RELATIONSHIP WITH DIRECTOR	Mr F Botha is a director and the sole
	shareholder of the associate
NATURE AND EXTENT OF INTEREST IN	Direct beneficial
THE TRANSACTION

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

Johannesburg

12 August 2022

Sponsor PSG Capital