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ABSAG:  18,771   -88 (-0.47%)  02/09/2025 19:00

ABSA GROUP LIMITED - ACQUISITION OF SECURITIES BY CITIGROUP INC (Citigroup)

Release Date: 02/09/2025 14:52
Code(s): ABG     PDF:  
Wrap Text
ACQUISITION OF SECURITIES BY CITIGROUP INC (“Citigroup”)

Absa Group Limited
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
JSE share code: ABG
ISIN: ZAE000255915
("Absa Group" or "the Group")

ACQUISITION OF SECURITIES BY CITIGROUP INC ("Citigroup")

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE
Listings Requirements, shareholders are hereby advised that Absa Group has received formal notification
from Citigroup that the company has acquired an interest in the ordinary shares of the Group, such that the
total interest in the ordinary shares of the Group held by Citigroup now amounts to 5.0659% of the total issued
ordinary shares of the Group.

The board of directors of Absa Group accepts responsibility for the information contained in the
announcement, having received the form TRP121.1 from Citigroup and, to the best of their respective
knowledge, believe the information contained in the announcement is accordingly true.

As required in terms of Section 122 of the Companies Act, the required notice has been filed with the Takeover
Regulation Panel.

Johannesburg
2 September 2025


Enquiries:
Alan Hartdegen
E-mail: Alan.Hartdegen@absa.africa

Lead Independent Sponsor to Absa Group:
J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor to Absa Group:
Corporate and Investment Bank, a division of Absa Bank

Date: 02-09-2025 02:52:00
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