KAP executive's associate acquires significant shareholding

An associate of FH Olivier, an executive director and chief financial officer of KAP Limited, transacted a purchase of ordinary shares on the market. The transaction, dated September 18, 2025, involved the acquisition of 372,000 ordinary shares.

The shares were acquired at varying prices, with a high of 160 cents and a low of 150 cents per security, resulting in an average price of 156.566 cents. The total rand value of the securities transacted amounted to R582,426.68.

The associate involved in this transaction is The Mashoweng Trust. FH Olivier holds an indirect, beneficial interest in the transaction as a trustee and beneficiary of The Mashoweng Trust. The company confirmed that clearance for this dealing was obtained in compliance with JSE Listings Requirements. The announcement was made on September 19, 2025.