Metrofile Holdings in potential acquisition discussions

Metrofile Holdings Limited has issued a cautionary announcement, informing shareholders that the company is currently involved in discussions concerning a potential acquisition. The Board of Metrofile Holdings has established an Independent Board to evaluate the terms of the possible transaction and related processes and has also appointed advisors. Shareholders are urged to exercise caution when trading the company's securities until further announcements are made. The announcement was released on March 26, 2025. The Standard Bank of South Africa Limited acts as the sponsor for Metrofile Holdings. The company is listed on the JSE under the code MFL.