Foschini Group: Norges Bank reduces stake in ordinary shares

THE FOSCHINI GROUP LIMITED (TFG) has announced that Norges Bank has decreased its interest in the company's ordinary shares. According to the formal notification received by TFG, the total interest in the ordinary shares of the Company held by Norges Bank now amounts to 2.87% of the total issued ordinary share capital. The announcement, released on July 4, 2025, confirms that TFG's board of directors accepts responsibility for the information and believes it to be accurate and complete. The company has also filed the required notices with the Takeover Regulation Panel, as mandated by section 122(3)(a) of the Companies Act. RAND MERCHANT BANK (A division of FirstRand Bank Limited) acted as JSE Sponsor for the announcement.