Wrap Text
Distribution of circular and notice of general meeting to shareholders
Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 2006/025226/06)
JSE Share Code: AFH and ISIN: ZAE000191516
(Alexforbes or the Company or Group)
DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING TO SHAREHOLDERS
1. Distribution of circular
Shareholders are referred to the announcement published on the Stock Exchange News Service (SENS)
on 18 September 2026, in which they were advised that Alexforbes had entered into an agreement with
New Veld, LLC (New Veld) for the proposed specific repurchase by Alexforbes of 372 773 547 Alexforbes
ordinary shares (Alexforbes Shares) held by New Veld (Repurchase Shares) at a repurchase price of
R6.75 per Repurchase Share, subject to certain adjustments, as described in the circular (Specific
Repurchase).
Shareholders are advised that the Company has today issued a circular incorporating a Notice of General
Meeting (the Circular) to convene the general meeting at which shareholders can consider and, if
deemed fit, approve the proposed resolutions required to implement the Specific Repurchase (the
General Meeting). The Circular sets out the requisite information in accordance with the Companies Act
71 of 2008 and the JSE Listings Requirements, including, among other things, a positive fairness
statement and a positive recommendation by the independent members of the board of directors of
Alexforbes.
A copy of the Circular is available on the Company's website at:
https://investors.alexforbes.com/shareholder-notices/.
Shareholders can may also request a copy of the Circular from the Chief Governance, Risk and Compliance
Officer (Company Secretary) by emailing wesselsc@alexforbes.com or from the Sponsor by emailing
sponsorteam@rmb.co.za.
2. Notice of General Meeting
Notice is hereby given that the General Meeting of shareholders of Alexforbes will be held through
electronic participation only at 09:00 on Friday, 11 December 2026 for the purpose of considering and, if
deemed fit, passing with or without modification, the resolutions required to be approved by
shareholders in order to authorise the Specific Repurchase as stated in the Notice of General Meeting
distributed to shareholders today, being Thursday, 12 November 2026.
The salient dates and times relating to the General Meeting are as follows:
Posting record date to determine which shareholders are Friday, 6 November 2026
eligible to receive the Circular on
Distribution of the Circular to shareholders on Thursday, 12 November 2026
Last day to trade in order to be eligible to attend, participate Tuesday, 1 December 2026
in and vote at the General Meeting (refer to note 2 below)
Record date for shareholders to be recorded in the register in Friday, 4 December 2026
order to be eligible to attend, participate in and vote at the
General Meeting (Voting Record Date) on
For administrative purposes (refer to note 4 and 5 below), Wednesday, 9 December 2026
form of proxy to be received by The Meeting Specialists
(TMS) preferably by 09:00 on
General Meeting to be held electronically only at 09:00 on Friday, 11 December 2026
Results of General Meeting released on SENS on Friday, 11 December 2026
Notes:
1. All dates and times set out above are expected dates and times and are subject to change. Any amendment
will be released on SENS.
2. As transactions in shares are settled through the electronic settlement system used by Strate three business
days after the date of trade, persons who acquire Alexforbes Shares after Tuesday, 1 December 2026 will
not be recorded in the register on the Voting Record Date and will not be eligible to attend, participate in or
vote at the General Meeting.
3. No dematerialisation or rematerialisation of Alexforbes Shares may take place between the commencement
of business on Wednesday, 2 December 2026 and the Voting Record Date, both days inclusive.
4. The deadline for forms of proxy and electronic participation registration is for administrative purposes only. A
form of proxy not received by that time may be submitted electronically to TMS for delivery to the
chairperson at any time before the proxy exercises the relevant voting rights at the General Meeting or any
adjournment, postponement or rescheduling thereof.
5. If the General Meeting is adjourned, postponed, or rescheduled, forms of proxy submitted for the original
General Meeting will remain valid unless revoked. Dematerialised shareholders without own-name
registration must provide their CSDP or broker with their instructions for voting at the General Meeting by the
cut-off date and time stipulated by their CSDP or broker in terms of their respective Custody Agreements.
6. All times given above are local times in South Africa.
Shareholders wishing to participate in the virtual General Meeting should email TMS on
proxy@tmsmeetings.co.za, or alternatively contact them on 084 433 4836 / 081 711 4255 /
061 440 0654 as soon as possible, preferably by 09:00 on Wednesday, 9 December 2026, to register
for access to the electronic communication platform (the Platform) for the purpose of enabling all of the
shareholders, who are present at the General Meeting to communicate concurrently with each other,
without an intermediary, and to participate reasonably effectively in the General Meeting and exercise
their voting rights at the General Meeting.
Notwithstanding the aforementioned, any shareholder who wishes to attend the General Meeting is
entitled to contact TMS at any time prior to the commencement of the General Meeting, in order to be
verified and provided with access to the Platform by TMS. TMS is obliged to validate this information
with your CSDP before providing you with the necessary means to access the Platform.
Carina Wessels
Chief Governance, Risk and Compliance Officer (Company Secretary)
12 November 2026
Sandton
Transaction Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Financial Advisor
The Standard Bank of South Africa Limited
Legal Advisor
Webber Wentzel
Date: 12/11/2026 04:30:00
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