Notification of managers' transaction

Pursuant to the European Union regulation on market abuse, which requires that persons discharging managerial responsibilities within an issuer as well as persons closely associated with them shall notify the issuer of certain transactions, and the issuer shall in turn disclose the information received, Reinet Investments S.C.A. (the "Company") announces the following:

On 11 December 2020, the Company has been notified that Mr Frederik Wilhelm van Zyl, a director of Reinet Investments Manager S.A., the general partner of the Company, purchased 25 000 ordinary shares of the Company at a price of ZAR 279.23 per share on the Johannesburg Stock Exchange on 10 December 2020.

On 14 December 2020, the Company has been notified that Mr Frederik Wilhelm van Zyl, a director of Reinet Investments Manager S.A., the general partner of the Company, purchased 5 000 ordinary shares of the Company at a price of ZAR 272.96 per share on the Johannesburg Stock Exchange on 11 December 2020.

Reinet Investments Manager SA

for and on behalf of Reinet Investments SCA


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