Imbalie Beauty : Distribution of Mandatory Offer circular

Imbalie Beauty Limited

(Incorporated in the Republic of South Africa) (Registration number 2003/025374/06)

JSE code: ILE

ISIN: ZAE000165239

("Imbalie Beauty" or "the Company")

Distribution of Mandatory Offer circular

Shareholders are referred to the SENS announcement dated 13 January 2022 regarding a Mandatory Offer circular. Shareholders are advised that the Mandatory offer circular was distributed to shareholders on 4 March 2022.

The salient dates are as follows:

		2022
Record date in order to be eligible to receive this circular on	Friday, 25 February
Circular posted to Imbalie Beauty Shareholders and announced on SENS	Friday, 4 March
on
Offer opens at 09:00 on	Monday, 7 March
Last day to trade in order to be eligible to participate in the Offer on	Tuesday, 19	April
Imbalie Beauty Shares trade "ex" the right to participate in the Offer	Wednesday, 20	April
Offer closes at 12:00 on (closing date) on	Friday, 22 April
Offer Record Date, being the final date upon which Imbalie Beauty	Friday, 22 April
Shareholders must be recorded in the Imbalie Beauty register in order to be
eligible to participate in the Offer, on
Offer Consideration credited to the Dematerialised Offer Participant's	Monday, 25	April
account at his CSDP or Broker (as the case may be) or bank accounts of
Certificated Offer Participants credited
Results of Offer to be published on SENS on	Monday, 25	April

Notes:

1. All dates and times are subject to amendment by B&B Media. Any such change will be announced on SENS.
2. Certificated Imbalie Beauty Shareholders who wish to participate in the Offer are required to complete and return the form of acceptance, surrender and transfer in accordance with the instructions contained therein to be received by the Transfer Secretaries by not later than 12:00 on the closing date.

1. Dematerialised Imbalie Beauty Shareholders must notify their CSDP or Broker of their acceptance of the Offer in the manner and time stipulated in the Custody Agreements governing the relationships between such Dematerialised Imbalie Beauty Shareholders and the CSDP or Broker.
2. All times indicated above are South African times.
3. The deemed effective date of disposal of Imbalie Beauty Shares by Offer Participants will be the date that the Offer Consideration is credited to the Offer Participant's account.
4. Share certificates may not be dematerialised or rematerialised between Wednesday, 20 April 2022 and Friday, 22 April 2022, both dates inclusive.

Woodmead

7 March 2022

Designated Adviser

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