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Update on the Acquisition of the Premier Plastics Group
TRANSPACO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1951/000799/06)
Ordinary share code: TPC
Ordinary share ISIN: ZAE000007480
("Transpaco" or the "Company")
UPDATE ON THE ACQUISITION OF THE PREMIER PLASTICS GROUP
Shareholders are referred to the announcements released on the Stock Exchange News
Service on 6 November 2025, 29 January 2026 and 24 February 2026, respectively, setting
out the details of Transpaco's proposed acquisition of all of the issued shares of Premier
Plastics Proprietary Limited ("Premier") from Bundeena No 2 Proprietary Limited, Sixone
Proprietary Limited and Alessandra Bragazzi (collectively, the "Sellers"), on certain terms and
subject to certain conditions (the "Acquisition").
The Acquisition was categorised as a Category 2 transaction in terms of the JSE Limited
Listings Requirements.
Shareholders are advised that after much deliberation, the board of directors of Transpaco
has decided not to appeal the Competition Commission ruling prohibiting the Acquisition.
Accordingly, the Company and the Sellers have entered into an agreement to terminate the
existing agreements in relation to the Acquisition with immediate effect.
Johannesburg
02 March 2026
Sponsor to Transpaco
Investec Bank Limited
Legal advisors to Transpaco
Cliffe Dekker Hofmeyr Incorporated
Date: 02-03-2026 12:26:00
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