Shareholders approve AYO Technology delisting from JSE

AYO Technology Solutions Limited announced that shareholders have approved the delisting from the JSE at a general meeting held on Monday, September 29, 2025. The resolution passed with an overwhelming majority, receiving 99.26% of votes for and only 0.74% against. A total of 87,566,023 shares were voted at the meeting, representing 26.78% of shares in issue.

This approval follows a firm intention letter from Sekunjalo to acquire 155,322,853 offer shares from eligible shareholders at a cash consideration of ZAR0.52 per share. The general meeting, initially scheduled for August 29, 2025, was postponed to September 29, 2025.

Shareholders with queries regarding the offer and delisting can contact the group secretary at wazeer.moosa@ayotsl.com. Sekunjalo accepts responsibility for the information in the announcement pertaining to its offer, affirming its truth and completeness.