Geomer acquires significant stake in Rex Trueform, increasing beneficial interest

Geomer Investments Proprietary Limited, an entity associated with director MA Golding, acquired 311,581 Rex Trueform "N" ordinary shares on December 23, 2025. This on-market transaction, valued at R4,206,343.50, facilitated the settlement of tax liabilities from net-settled awards under the company's Share Incentive Scheme. Mr. Golding is an ultimate shareholder in Geomer, which now holds an indirect beneficial interest in these shares.

Following this acquisition, Geomer and its related parties collectively hold 70.53% of Rex Trueform's total issued "N" ordinary shares. This increase in beneficial interest necessitated a TRP 121 notification in accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, and other relevant regulations.

The transaction has been categorized as an uncategorisable small related party transaction under JSE Listings Requirements. Rex Trueform's board confirmed that the information in this announcement accurately reflects the TRP121.1 form received from Geomer.