Brait issues nil-paid renounceable rights for ZAR 2.5 billion rights offer

• Brait declared a renounceable rights offer to issue 1,655,629,139 shares, targeting gross proceeds of ZAR 2.5 billion.
• Nil-paid rights to subscribe will be issued to qualifying shareholders recorded on July 24, priced at ZAR 1.51 per share.
• Rights will list and start trading on the JSE under code BATN on July 22; the offer opens July 27.
• Acceptance closes Aug. 7; rights offer shares are scheduled for JSE listing on Aug. 5 and delivery on Aug. 11.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brait plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524096), on July 14, 2026, and is solely responsible for the information contained therein.