Reinet Investments SCA Reports Manager's Share Disposal Transaction

Reinet Investments SCA, in compliance with the European Union regulation on market abuse, disclosed a managerial transaction on 12 March 2024. The regulation mandates the reporting of certain transactions by persons in managerial positions and those closely associated with them. The company was informed that Reinet Investment Advisors Limited, its investment advisor, would be disposing of 746 ordinary shares.

The shares, part of a share appreciation rights scheme, are priced at EUR 23.8736 each and will be sold outside a trading venue on or around 11 March 2024. Reinet Investment Advisors Limited, which plays a key role in advising Reinet Fund S.C.A., F.I.S., and is closely associated with the company's managers, held 864,327 ordinary shares before this transaction. These were acquired to hedge against share appreciation rights and awards to key executives. The Luxembourg-based company is Primarily listed on the Luxembourg Stock Exchange and has secondary listings on Euronext Amsterdam and the Johannesburg Stock Exchange.