News

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor” or “the Company”)

UPDATE REGARDING THE DELISTING AND VOLUNTARY WINDING-UP

Shareholders are referred to the announcement published on SENS on 29 May 2025 in relation to the distribution of a circular (the “Circular”) in respect of the proposed delisting and Voluntary Winding-Up of Trencor and the declaration of the Special Dividend, and the subsequent announcement published on SENS on 30 June 2025 in terms of which shareholders were advised, amongst other things, that the Special Dividend, delisting and Voluntary Winding-Up of Trencor remained subject to the final Distribution Condition, namely that the Master of the High Court issues the Company with a JM12 certificate (dispensing with the requirement that security be furnished to the Master by the Company), as contemplated in section 80(3)(b) of the Companies Act (“JM12 Condition”).

The capitalised terms used but not defined in this announcement shall bear the same meaning given to such terms in the Circular.

Shareholders are advised that although application has been made to Master in terms of section 80(3)(b) of the Companies Act, the Master has yet to issue the JM12 certificate. Once the JM12 Condition has been satisfied, the Company will publish finalisation information, including an updated timetable in respect of the Special Dividend.

Trencor Services Proprietary Limited
Secretaries

Sponsor
Investec Bank Limited

Legal and Tax Advisor
Edward Nathan Sonnenbergs Inc.

8 July 2025