RECM and Calibre Limited

(Incorporated in the Republic of South Africa) Registration number 2009/012403/06 Preference Share Code: RACP

ISIN: ZAE000145041 ("RAC")

NOTIFICATION OF A DISPOSAL OF A BENEFICIAL INTEREST IN SECURITIES

Shareholders are hereby advised that RAC has received formal notification in the prescribed form that Coronation Asset Management Proprietary Limited ("Coronation"), on behalf of its clients, has, in aggregate, disposed of an interest in the preference shares of RAC, such that the total interest in the preference shares of RAC held by Coronation, on behalf of its clients, now amounts to 7.7% of the total issued preference shares of RAC.

As required in terms of the Companies Act 71 of 2008, RAC will file the required notices with the Takeover Regulation Panel.

Cape Town

16 October 2020

Sponsor

Questco Corporate Advisory (Pty) Ltd

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RECM and Calibre Limited published this content on 16 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 14:14:02 UTC