|Name of Issuer||Transformational Investment Portfolio One Limited|
|Country of Incorporation||Republic of South Africa|
Shareholders are advised that the Company has acquired shares in Phuthuma Nathi Investments (RF) Limited (Phuthuma Nathi)
TIP One shareholders are advised that the Company has acquired
2 000 Phuthuma Nathi Investments (RF) Limited (Phuthuma Nathi) shares at an average net price of R144.75 per share.
All the Phuthuma Nathi shares were acquired on the open market. The acquisition of the Phuthuma Nathi shares is in line with the
Company’s strategy to build a diversified investment portfolio through broad-based black economic empowerment schemes that are
invested in listed companies or components thereof.
Phuthuma Nathi is a listed, broad-based black economic empowerment share scheme that serves as a platform for qualifying
members to indirectly invest in MultiChoice South Africa Holdings Proprietary Limited (“MultiChoice South Africa”).
Phuthuma Nathi holds 25% of the issued share capital of MultiChoice South Africa.
By order of the Board of Directors
09 July 2021
Questco Corporate Advisory Proprietary Limited