Renewal Of Cautionary Announcement
LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
("Labat Africa" or "the Company")
ISIN Code: ZAE000018354 Share Code: LAB
FSE Code: LEI 9845000R73DF5EE41J88
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcement released on SENS on 14 May
2026, wherein they were advised that the Company was at an advanced stage of
negotiations regarding the proposed acquisition by Labat of the remaining 24.45%
shareholding in Classic International Trading (Pty) Ltd ("Classic").
Shareholders are advised that negotiations remain at an advanced stage. The Company
has required additional time to finalise certain aspects of the proposed transaction. These
matters are being addressed by the parties to ensure that the transaction is concluded on
terms that will unlock maximum value for all our stakeholders.
The proposed transaction remains subject to the conclusion of definitive transaction
agreements, the fulfilment of customary conditions precedent and the receipt of all
necessary regulatory and corporate approvals.
Accordingly, shareholders are advised to continue exercising caution when dealing in the
Company's securities until a further announcement is made.
The Board of Directors accepts responsibility for the information contained in this
announcement.
JOHANNESBURG
26 June 2026
JSE Sponsor
Vunani Sponsors
Date: 26-06-2026 03:30:00
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