WeBuyCars associate sells shares for portfolio rebalancing

An associate of a prescribed officer at We Buy Cars Holdings Limited, J Mills, has executed an on-market sale of ordinary shares. The transaction, disclosed on September 11, 2025, involved I John (Pty) Ltd, an entity where J Mills serves as a director and shareholder, holding an indirect, beneficial interest. The purpose of this sale was to rebalance an investment portfolio.

A total of 8,823 ordinary shares were transacted. The highest price achieved per security was R54.60, while the lowest price was R54.30, resulting in an average price of R54.40 per security. The aggregate rand value of the securities transacted amounted to R480,021.14. Clearance for this transaction was obtained.

J Mills is also noted as a director of a major subsidiary, We Buy Cars Proprietary Limited. This disclosure was made in compliance with JSE Limited Listings Requirements.