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Investegate |Blacksheep Fund Mgmt Announcements | Blacksheep Fund Mgmt: Form 8 3

Investegate |Blacksheep Fund Mgmt Announcements | Blacksheep Fund Mgmt: Form 8 3

Blacksheep Fund Management Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a):   The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named. N/A   Use a separate form for each offeror/offeree Sanne Group plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken:   For an opening position disclosure, state the latest practicable date prior to the disclosure 20 May 2021 (f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

Dublin-based hedge fund builds stake in Adapt IT

Dublin-based hedge fund builds stake in Adapt IT Adapt IT’s head office in Midrand, Johannesburg Who is buying JSE-listed Adapt IT shares at or above the R6.50/share offer price tabled earlier this month by Canada’s Volaris Group? A disclosure by Adapt IT to investors on Friday may have shed some light on this question. Blacksheep Master Fund, controlled by Dublin, Ireland-based hedge fund manager Blacksheep Fund Management, has in recent weeks acquired almost 10 million Adapt IT shares, or 7.2% of the number of securities in issue, excluding shares held in the company’s treasury (6.28% including the treasury shares).

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