Letlole La Rona Limited ('LLR' / 'the Company') hereby announces to Unitholders, in line with Appendix 5C of the Botswana Stock Exchange Equity Listings Requirements, that there has been a significant trade in the Company's securities (over 5% of total securities in issue).

Unitholders are notified that 19,000,000 linked units have been sold by Grit Services Limited ('Grit'). The number of linked units sold represents 6.79% of total securities issued by LLR. The transaction took place on 30 December 2022 and the total on-market sale value of the transaction was BWP 66,120,000.00.

Unitholders are further informed that on 30 December 2022, Vunani Fund Managers acquired 18,375,145 of the 19,000,000 linked units on behalf of their client, Botswana Public Officers Pension Fund ('BPOPF'). The 18,375,145 units represents 6.56% of the total securities issued by the Company.

As a result of the above trade, and as at 06 January 2022 (the settlement date), Grit holds 18.31% shareholding in the Company while BPOPF, through its various asset managers, holds 26.20% shareholding in the Company.

By order of the Board

10 January 2023

Sponsoring Broker


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Letlole La Rona Ltd. published this content on 10 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2023 11:50:46 UTC.