SENS Announcement | 3 November 2015
RIGHTS OFFER DECLARATION ANNOUNCEMENT AND REVISED DATES AND TIMES
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share Code: ADH
ISIN: ZAE000031035
("ADvTECH" or the "Company")
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN RESPECT OF WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, OF THIS ANNOUNCEMENT WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION OR IN RESPECT OF WHICH THE OFFERING CONTEMPLATED BY THIS ANNOUNCEMENT IS UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO PURCHASE, OTHERWISE ACQUIRE, SUBSCRIBE FOR, SELL, OTHERWISE DISPOSE OF OR PURCHASE ANY SECURITY IN ANY JURISDICTION.
RIGHTS OFFER DECLARATION ANNOUNCEMENT AND REVISED DATES AND TIMES
INTRODUCTION
ADvTECH shareholders are referred to the announcement released on the Stock Exchange News Service ("SENS") on Monday, 7 September 2015 in which the Company declared its intention to undertake a renounceable rights offer to its shareholders ("rights offer") to raise up to R850 million. A condition precedent to the rights offer requires that the special resolutions which approved the increase of authorised share capital and amendments to Memorandum of Incorporation be registered with the Companies and Intellectual Property Commission ("CIPC"). Confirmation of registration has not yet been received from CIPC and as such the timetable below has been amended to facilitate the confirmation of registration.
BACKGROUND TO AND RATIONALE FOR THE RIGHTS OFFER
ADvTECH shareholders were advised in the ADvTECH Group's interim results for the six months ended 30 June 2015 that the board was considering the optimal capital structure for the ADvTECH Group and formulating a financing strategy that would allow the Group to support an accelerated growth strategy in the most efficient manner.
To implement the rights offer, the Company was required to obtain shareholder approval to increase its authorised but unissued share capital and to place sufficient unissued shares under the control of the Board to undertake the rights offer. This shareholder approval was obtained on Tuesday, 13 October 2015.
Central to the Board's strategy are the sustained and consistent growth of operations both locally and in sub-Saharan Africa and development of the present project pipeline. The acquisition of the Gaborone International School in Botswana concluded earlier this year signalled the Company's intent to pursue growth opportunities outside South Africa, while implementation of the acquisition of the Centurus and Maravest Schools groups alongside organic growth initiatives have materially increased ADvTECH's schools footprint within the country. The Tertiary division has resumed a growth strategy and is developing new organic and acquisitive investment opportunities in this sector.
As a result of ADvTECH's standard working capital cycle and seasonal cash variations, ADvTECH's borrowings are expected to increase from ZAR1.7 billion to ca. ZAR1.9 billion by calendar year end, assuming the addition of no new projects beyond the previously announced ZAR3.0 billion rolling capital expansion programme ("the announced programme").
Current ADvTECH Group debt facilities total ca. ZAR1.8 billion consisting of a Bridge Facility, a Revolving Credit Facility ("RCF") and an Overdraft Facility.
The ZAR350 million RCF has been fully drawn to fund capital work in progress;
The RCF is complemented by an overdraft facility with a current limit of ZAR122 million; and
The Bridge Facility of ZAR1 350 million has been fully utilised for capital expenditure and recent acquisitions.
Covenants in place allow for indebtedness of ZAR1.9 billion, leaving limited headroom to pursue incremental growth opportunities above and beyond the announced programme. At present management has identified near-term organic and acquisitive-led investment opportunities totalling almost ZAR1.0 billion that are over and above the board-approved projects already recorded.
Aside from creating a flexible capital structure that will enable the Company to pursue accelerated growth opportunities most efficiently, the Board believes it necessary to refinance existing facilities so as to reflect more accurately the seasonality of its funding requirements, improve the match between the nature of investment and the sources of capital, and lower its overall cost of capital.
With this in mind, and having reviewed in detail its financing options, the Board has decided to pursue a capital increase by way of a rights offer of up to ZAR850 million. Funds raised will be used to reduce and restructure current indebtedness, fund capital projects and planned acquisitions and ensure that ADvTECH is adequately positioned to execute on further growth opportunities identified from evaluation of the growing deal flow available at present.
THE RIGHTS OFFER
3.1 SALIENT TERMS
In terms of the rights offer, 75,555,556 new ADvTECH ordinary shares ("rights offer shares") will be offered to ADvTECH shareholders recorded in ADvTECH's share register at the close of business on Friday, 20 November 2015 ("record date"), at a subscription price of R11.25 cents per rights offer share, in the ratio of 16.59818 rights offer shares for every 100 ADvTECH ordinary shares held.
The subscription price per rights offer share represents a 10% discount to the 30 day volume weighted average price of ADvTECH ordinary shares listed on the JSE Limited ("JSE") as at the close of business on Wednesday, 21 October 2015, being the date on which the rights offer was priced.
Shareholders holding shares that are cum rights the last day to trade, being Friday, 13 November 2015, will be entitled to trade their rights in the form of letters of allocation. The letters of allocation will be listed and commence trading on the JSE on Monday, 16 November 2015. The relevant dates are set out in the table below.
The rights offer shares issued will rank pari passu with the existing issued ordinary shares of ADvTECH.
- REVISED SALIENT DATES AND TIMES
2015 | |
---|---|
Special resolution to approve the increase in authorised share capital registered with CIPC by | Monday, 9 November |
Finalisation announcement to be published on SENS by 11:00 | Tuesday, 10 November |
Last day to trade in ADvTECH ordinary shares in order to participate in the rights offer (cum entitlement) | Friday, 13 November |
ADvTECH ordinary shares commence trading ex-entitlement at 09:00 | Monday, 16 November |
Listing of and trading in the letters of allocation on the JSE commences at 09:00 | Monday, 16 November |
Rights offer circular and form of instruction posted to certificated ADvTECH shareholders | Tuesday, 17 November |
Record date for the rights offer | Friday, 20 November |
Rights offer opens at 09:00 | Monday, 23 November |
Letters of allocation credited to an electronic account created by the transfer secretaries in respect of holders of certificated shares | Monday, 23 November |
CSDP or broker accounts credited with entitlements in respect of holders of dematerialised shares | Monday, 23 November |
Rights offer circular posted to dematerialised shareholders who have elected to receive such documents | Tuesday, 24 November |
Last day for trading letters of allocation on the JSE | Friday, 27 November |
Listing of rights offer shares and trading therein on the JSE commences at 09:00 | Monday, 30 November |
Rights offer closes at 12:00 | Friday, 4 December |
Record date for the letters of allocation | Friday, 4 December |
Rights offer shares issued on or about | Monday, 7 December |
CSDP or broker accounts in respect of holders of dematerialised shares debited and updated with rights offer shares and share certificates posted to certificated shareholders by registered post on or about | Monday, 7 December |
Results of the rights offer released on SENS | Monday, 7 December |
Results of the rights offer published in the press | Tuesday, 8 December |
CSDP or broker accounts in respect of holders of dematerialised shares debited and updated with any excess shares allocated and share certificates posted to certificated shareholders by registered post on or about | Wednesday, 9 December |
Refund cheques posted to holders of certificated shares in respect of unsuccessful applications | Wednesday, 9 December |
Notes:
All times shown in this circular are South African local times.
These dates and times are subject to change. Any material changes will be released on SENS.
Share certificates may not be dematerialised or rematerialised between Monday, 16 November 2015 and Friday, 20 November 2015, both days inclusive.
3.3 IRREVOCABLE UNDERTAKINGS AND UNDERWRITING COMMITMENTS
The following ADvTECH shareholders have irrevocably undertaken to follow their rights in terms of the rights offer as set out below:
Name of shareholder | Number of ordinary shares held in ADvTECH before the rights offer | Number of rights offer shares | % of rights offer shares |
---|---|---|---|
Coronation | 116,997,675 | 19,419,489 | 25.7% |
Visio Capital | 41,970,000 | 6,966,258 | 9.2% |
Kyocraft | 33,678,494 | 5,333,333 | 7.1% |
Total | 192,646,169 | 31,719,080 | 42.0% |
In addition, the rights offer has been partially underwritten by Coronation and Visio Capital. In terms of the underwriting agreements, Coronation and Visio Capital have provided ADvTECH with irrevocable undertakings to underwrite 16,136,067 and 16,063,742 rights offer shares respectively, (being R362.2 million in aggregate).
In aggregate, the irrevocable undertakings and underwriting commitments cover 63,918,889 of the 75,555,556 rights offer shares, representing 88% of the shares being offered.
3.4 EXCESS APPLICATIONS
ADvTECH shareholders will have the right to apply for any excess rights offer shares not taken up by other shareholders subject to such rights being transferable upon renunciation of the letters of allocation, and any such excess shares will be attributed equitably, taking cognisance of the number of shares and rights held by the shareholder just prior to such allocation, including those taken up as a result of the rights offer, and the number of excess rights offer shares applied for by such shareholder.
3.5 FOREIGN SHAREHOLDERS
Introduction
Foreign shareholders may be affected by the rights offer, having regard to prevailing laws in their relevant jurisdictions. Such foreign shareholders should inform themselves about and observe any applicable legal requirements of such jurisdiction in relation to all aspects of the rights offer circular that may affect them, including the rights offer. It is the responsibility of each foreign shareholder to satisfy himself as to the full observation of the laws and regulatory requirements of the relevant foreign jurisdiction in connection with the rights offer, including the obtaining of any governmental, exchange or other consents or the making of any filing which may be required, the compliance with other necessary formalities and the payment of any issue, transfer or other taxes or other requisite payments due in such jurisdiction. The rights offer is governed by the laws of South Africa and is subject to applicable laws and regulations, including the Exchange Control Regulations.
Affected foreign shareholders
Any ADvTECH shareholder who is in doubt as to his position with respect to the rights offer in any jurisdiction, including, without limitation, his tax status, should consult an appropriate independent professional advisor in the relevant jurisdiction without delay. Foreign shareholders are reminded that they may dispose of their ADvTECH ordinary shares on or prior to the last day to trade, in which case they will not participate in the rights offer.
Foreign shareholders accordingly must take their own advice on whether they are entitled, after the rights offer, to continue beneficially to hold any ADvTECH ordinary shares distributed to them and take the appropriate action in accordance with that advice.
Note to U.S. shareholders
The rights offer shares will not be registered with the U.S. Securities and Exchange Commission ("SEC") under the U.S. Securities Act of 1933, as amended, or any U.S. state securities laws. Neither the SEC nor any U.S. federal or state securities commission has registered, approved or disapproved the rights offer shares or passed comment or opinion upon the accuracy or adequacy of the circular to be issued by ADvTECH in respect of the rights offer. Any representation to the contrary is a criminal offence in the U.S.
ADvTECH shareholders who are citizens or residents of the U.S. are advised that the rights offer shares have not been and will not be registered under the U.S. Securities Exchange Act of 1934, as amended.
Sale of letters of allocation
It is the responsibility of any person outside the common monetary area (including, without limitation, nominees, agents and trustees for such persons) wishing to take up rights offer shares under the rights offer, to satisfy themselves as to full observance of the applicable laws of any relevant territory, including obtaining any requisite governmental or other consents, observing any other requisite formalities and paying any issue, transfer or other taxes due in such territories.
If a premium can be obtained over the expenses of the sale, the rights of ADvTECH shareholders in the jurisdictions in which it is illegal to make an offer will be sold by the transfer secretaries on the JSE for the benefit of such ADvTECH shareholders, in accordance with this section. Any premium over the expenses of the sale of the rights of ADvTECH shareholders in these jurisdictions (including applicable taxes, brokerage fees and commissions) shall be remitted to such ADvTECH shareholders.
None of ADvTECH, the transfer secretaries or any broker appointed by them or ADvTECH, will have any obligation or be responsible for any loss or damage whatsoever in relation to, or arising out of, the timing of such sales or the remittance of the net proceeds of such sales.
3.6 DISTRIBUTION OF CIRCULAR
ADvTECH shareholders are advised that a circular containing full details of the rights offer will be posted on the dates set out in paragraph 3.2 above.
Johannesburg
3 November 2015
Sole bookrunner, financial advisor and transaction sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking Division)
Legal adviser
Cliffe Dekker Hofmeyr
Sponsor
Bridge Capital Advisors Proprietary Limited
ADvTECH Updates

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING In terms of section 3.95 of the JSE Listings Requirements, shareholders are hereby advised that at the Annual General Meeting (“AGM”) of shareholders of the Company held today, Wednesday 28 May 2025 all the proposed ordinary and special resolutions, as set out in the Notice of Annual General Meeting, were approved by the requisite majority of shareholders present or represented by proxy. Details of the results of voting at the annual general meeting are as follows:

ADvTECH, in collaboration with the IIE MSA Centre for Water and the Environment (CWE), has launched the Water Quality Monitoring Initiative, a national, student-led citizen science project aimed at protecting South Africa’s freshwater ecosystems. As a cornerstone of ADvTECH’s ESG Legacy Campaign, this innovative initiative arms university students with professional water testing tools to track and improve local water quality. A number of water courses will be tested for select chemical contamination and the presence of excessive bacterial and viral agents, while also testing for the presence of micro-organisms to discern the health of the ecosystem. Following a student awareness drive in April and May 2025, the campaign culminated in a successful Water Monitoring Day on May 20, which also saw the launch of a 3-months long competition. Running from July to September, student teams will now be vying for a R10 000 award based on their data and analysis.

Trailblazing South African educator Nadine Smith has been awarded the prestigious 2025 EDGE in Tech Athena Award for Early Career Leadership, recognising her groundbreaking work in transforming STEM education and making it more inclusive and accessible. Nadine Smith, a Coding and Robotics educator at ADvTECH, South Africa’s leading private education provider, was honoured by the Center for Information Technology Research in the Interest of Society and the Banatao Institute (CITRIS) at the University of California. The international award was presented during a special ceremony at UC Berkeley, where Smith stood out as the only recipient from Africa, and her recognition marks a proud moment for the country. She was one of just four global recipients of the award, which celebrates individuals leading the charge in creating more diverse, equitable, and impactful technology ecosystems. This year’s EDGE in Tech Athena Award recipients include: Executive Leadership: Susan Lyne, Co-Founder and Managing Partner, BBG Ventures Academic Leadership: Isabel Montañez, Distinguished Professor and Chancellor’s Leadership Professor of Earth and Planetary Sciences, University of California, Davis; Director, UC Davis Institute of the Environment Early Career Leadership: Nadine Smith, Coding and Robotics Educator, ADvTECH, South Africa Graduate Student Leadership: Zhe Fu, Doctoral Student in Transportation Engineering, UC Berkeley “It is incredibly important to recognise the people doing the difficult work of expanding access to essential tech fields,” said Jill Finlayson, Managing Director of the CITRIS Innovation Hub, which oversees the awards. “Those who champion on-ramps into STEM, fair workplaces and welcoming cultures are critical to the development of innovative technologies and help ensure that new solutions will work well for everyone.” Desiree Hugo, Academic Head at ADvTECH Schools, says the group was very proud of Smith. “We extend our heartfelt congratulations to Nadine Smith for her well-deserved 2025 EDGE in Tech Athena Award. Her passion for empowering students through coding and robotics education is transforming lives and inspiring a new generation of innovators. We are incredibly proud of Nadine’s global recognition and her unwavering commitment to making STEM accessible and inclusive for all,” Hugo said. Reflecting on the award, Nadine Smith said: “I believe every child deserves to see themselves in STEAM. Through coding and robotics, I strive to ignite confidence, curiosity, and creativity in learners, especially those who don’t yet realise they belong in tech. This award is not just a personal milestone, but a reminder of the importance of creating inclusive learning spaces where all young minds can dream, build, and lead.” Smith, who also leads EdTech initiatives and trains fellow teachers in integrating emerging technologies, has been widely recognised for her leadership, innovation, and commitment to education transformation in South Africa and beyond.

As technological development transforms global education, the education sector in South Africa faces a critical challenge: how to deliver personalised, inclusive, and differentiated learning experiences that meet the diverse needs of every student. “As classrooms grow more diverse, both in learning styles and abilities, schools must adopt innovative approaches to ensure no student is left behind. Adaptive learning technologies offer a powerful solution, enabling educators to tailor instruction while fostering an inclusive environment,” says Andrea Kruger, EdTech specialist at ADvTECH Schools. Kruger recently delivered a keynote address at the 15th Cutting Edge Technologies in Education Practice Conference in Greece, on Empowering Inclusive Education. Adaptive learning technologies use data-driven insights to customise educational content, pacing, and assessments to suit individual student needs. These tools, ranging from intelligent tutoring systems to learning management platforms, allow educators to differentiate instruction without overwhelming their workloads. ADvTECH’s own adaptive Intelligent Tutoring System, ADvLEARN, exemplifies this approach by using AI to personalise learning pathways, ensuring each student progresses at their own pace. This system supports data-informed teaching while promoting learner autonomy across subjects. For students, this means a learning experience that feels tailored, engaging, and supportive, whether they’re mastering foundational skills or tackling advanced concepts. For teachers, it provides real-time feedback to adjust strategies, ensuring every student progresses. ACCESSIBILITY OF ADAPTIVE LEARNING TECHNOLOGIES IN SOUTH AFRICA ADvTECH leverages cutting-edge tools like Microsoft Learning Accelerators to enable adaptive learning and differentiation across its schools, says Kruger. But while these may not be accessible to all South African schools, cost-effective and free alternatives can enhance student outcomes and drive tech-enabled learning nationwide. “Resource-restricted schools can absolutely integrate adaptive learning technologies by starting small, leveraging free or low-cost tools, and prioritising teacher training and inclusivity. While they may not match the scale of a global best practice ecosystem, the core principles—pedagogy-driven tech, inclusivity, and adaptability—apply universally,” says Kruger. Additionally, by tapping into partnerships, open resources, and community support, these schools can deliver personalised learning that transforms student outcomes, proving that innovation is possible even with limited means. HOW TO INTEGRATE ADAPTIVE LEARNING TECH INTO THE CURRICULUM “The success of adaptive learning hinges on intentional implementation,” says Kruger. “Technology must not dictate educational strategy but rather enhance it. Schools should prioritise tools that align with their pedagogical goals, fostering critical thinking, collaboration, and creativity. Moreover, inclusivity must remain at the heart of these efforts, ensuring that technology bridges gaps for students with diverse needs, including those with learning difficulties or language barriers.” Kruger says a successful implementation of adaptive learning technology needs to consider the following: Put pedagogy first : Choose technologies that support your teaching goals, fostering skills like critical thinking and creativity. Avoid tools that prioritise rote learning or dictate classroom strategies. For example, platforms with real-time analytics can help teachers tailor lessons dynamically while maintaining educational quality. Champion inclusivity : Select adaptive tools that cater to diverse learners, including students with disabilities, language barriers, or varying academic needs. Technologies should bridge gaps, ensuring every student—from those needing extra support to those ready for advanced challenges—feels included and empowered. Empower educators : Invest in teacher training to build confidence in using adaptive technologies. Tools like data dashboards can streamline administrative tasks, freeing teachers to focus on instruction. Free or low-cost training resources, such as UNESCO’s ICT Competency Framework, can support this in resource-constrained settings. Adopt cost-effective solutions : Resource-restricted schools can leverage free or low-cost platforms like Khan Academy, Moodle, or Kolibri, which offer personalised learning and offline capabilities. Mobile-first apps, such as Quizlet, can also deliver adaptive content using widely available smartphones, maximizing access in underserved areas. Stay adaptive and innovative : Regularly evaluate and update your tech practices to align with global trends and local needs. Encourage a culture of agility by piloting small-scale projects, assessing outcomes, and scaling successful initiatives. This ensures long-term relevance in a fast-evolving EdTech landscape. Engage communities : Involve parents, students, and local stakeholders to build trust in adaptive learning. Transparent communication about its benefits—such as improved engagement and equity—can foster buy-in.

Grade 9 students are currently nearing a critical milestone in their educational journey: selecting the subjects they’ll study from Grade 10 through to their final Matric exams. This choice is a foundational step in shaping their academic journey and future career opportunities, an education expert says. “Even if you’re unsure about what you want to pursue after school, thoughtful planning can help you make informed decisions that keep your options open,” says Wonga Ntshinga, Senior Head of Programme: Faculty of ICT at The Independent Institute of Education , SA’s largest and most accredited private higher education provider. Ntshinga says while making decisions about subject selection can be daunting, it is an important process that will impact both performance and options down the line, and as such, careful consideration must be given to ensure that students choose as well as possible based on their unique strengths and interests. “The subjects you select for Grade 10 to 12 will influence your performance in the National Senior Certificate (NSC) exams. These choices will also affect your eligibility for further studies and certain career paths. The transition from Grade 9 to Grade 10 is significant because your subject combination lays the groundwork for your future academic and professional opportunities. By choosing wisely, you can position yourself for success in Matric while maintaining flexibility for your post-school plans,” Ntshinga says. KEY FACTORS TO CONSIDER WHEN CHOOSING SUBJECTS Align with your interests and strengths Select subjects you enjoy and where you perform well. Choosing subjects that spark your curiosity will keep you motivated, even when the work gets tough. Reflect on your academic strengths—do you excel in logical subjects like Mathematics or creative ones like Dramatic Arts? For instance, if you’re skilled at problem-solving, subjects like Accounting or Information Technology might be a good fit. Keep your options open If you’re uncertain about your future career, prioritise subjects that provide versatility. Broadly applicable subjects like Mathematics, Physical Sciences, or Geography equip you with skills like critical thinking and numeracy, which are valued across many university programmes and industries. Avoid choosing subjects solely because they seem easier, as this could limit your opportunities later. For example, many science and engineering degrees require Mathematics and Physical Sciences, not Mathematical Literacy. Explore career and study requirements Even without a clear career goal, research the subject requirements for fields you might consider. For instance, medicine demands Mathematics, Physical Sciences, and Life Sciences, while careers in law benefit from subjects like History or English for their focus on analysis and communication. Check university admission criteria for programmes that interest you. Consulting with a career advisor or attending university open days can also clarify which subjects align with in-demand fields. Consider emerging trends The job market is evolving at an unprecedented pace, with growing opportunities in technology, healthcare, and sustainability. Subjects like Mathematics, Physical Sciences, or Information Technology can prepare you for these high-demand areas. Thinking about future industries can guide you toward subjects that position you for long-term success.It is particularly important to consider career paths outside of the historically popular 3-4 year staple degrees. These days there is a vast array of options geared towards high-in-demand specialities that are industry-aligned. Investigate your higher education options more widely, as you may find the perfect fit for you, that didn’t even exist a few years ago. Aim for balance Choose a subject combination that challenges you while allowing you to achieve strong results. Including one or two subjects where you can excel can boost your overall Matric performance, which is critical for university admissions. For example, pairing a rigorous subject like Physical Sciences with a more manageable one like Life Sciences creates a balanced load in terms of leaving doors open while also allowing for a great Matric finals performance. Decide between Mathematics and Mathematical Literacy Choosing between Mathematics and Mathematical Literacy is a pivotal decision. Mathematics is required for fields like engineering, science, or commerce, while Mathematical Literacy suits humanities or vocational paths. If you’re unsure, Mathematics is the safer choice, as it qualifies you for a wider range of university programmes. If Mathematics feels challenging, discuss with your teacher whether extra effort or support could help you succeed over the next three years. “When making subject choices in Grade 9, it is helpful to start from where you want to be in 4 years’ time, and then reverse engineer how you might get there,” Ntshinga says. “Consult teachers, career counsellors, or student advisors at universities both public and private for tailored guidance. Teachers can assess your academic strengths, while counsellors and student advisors can explain how subjects connect to career paths. “Also consider going to university Open Days. Although you don’t yet have to decide what to study, you are almost certain to gain highly valuable insights into your options after school, as well as gaining helpful advice and insights from professionals on campus.”

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY A FORMER DIRECTOR (RETIRED 30 APRIL 2025) OF THE COMPANY The following information is disclosed in respect of dealings in ADvTECH securities by a former ADvTECH director.

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY A FORMER DIRECTOR (RETIRED 30 APRIL 2025) OF THE COMPANY The following information is disclosed in respect of dealings in ADvTECH securities by a former ADvTECH director.

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (‘ADvTECH’) VOLUNTARY ANNOUNCEMENT: VESTING OF SECURITIES OF FORMER DIRECTOR WHO RETIRED ON 30 APRIL 2025 The following transaction, in terms of the provisions of the ADvTECH Management Share Incentive Scheme (MSI), is hereby disclosed regarding performance and retention shares that have vested due to the retirement of a former director (accelerated pro-rated vesting in terms of the MSI rules):

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH”) DEALINGS IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following transactions relating to dealings by a director is hereby disclosed, in terms of the provisions of the ADvTECH Management Share Incentive Scheme ( MSI ), regarding performance and retention shares. The director was awarded 730 459 shares in terms of his employment contract and the requirements to which such awards were subjected to have been satisfied as of 1 May 2025.

With a focus on student-centred learning and industry engagement, the new campus will provide cutting-edge resources and a dedicated space for The IIE's Varsity College and IIE-Vega School’s unique curriculum, including an indoor sports centre for enhanced student life. A momentous occasion unfolded at 114 Grayston Drive as The Independent Institute of Education (The IIE) officially broke ground on its upcoming state-of-the-art campus, set to house both The IIE’s Varsity College Sandton and IIE-Vega School Johannesburg. This significant development signals a bold step toward expanding access to top-tier private higher education in South Africa’s economic hub. Strategically positioned in the heart of the Sandton CBD, the new campus will be designed to provide an exceptional student experience to 9 000 students, while maintaining the highest standards of academic excellence and learning by design. Within close proximity to public transport, including the Sandton Gautrain station, students will have easy access to a vibrant, dynamic learning environment. The IIE’s Varsity College, IIE-Vega, and IIE-MSA managing director Louise Wiseman said: “The new campus, with the ongoing initiatives to further advance the range of academics and student experiences, forms part of the institution’s drive for university status, when the Department of Higher Education and Training (DHET) releases the criteria, expected in 2025. “Up to this point, legislation has precluded private institutions from being called universities, despite the fact that all public and private institutional qualifications are deemed equivalent by the Council on Higher Education (CHE).” As South Africa’s largest private higher education institution, and a wholly owned subsidiary of investment holding company ADvTECH Limited, the new campus for The IIE’s Varsity College Sandton and IIE-Vega School Johannesburg will provide cutting-edge educational resources and world-class facilities. “It is increasingly evident that The IIE has become the institution of choice for quality higher education, and we are thrilled to be able to ensure that thousands more students will be able to benefit from the opportunities that will arise from the development of our new mega-campus,” Wiseman added. A standout feature of the new combined campus is the inclusion of IIE-Vega School, which will be housed in a dedicated standalone facility specifically designed to support its unique, industry-focused curriculum. This custom-built space will cultivate a vibrant learning environment that reflects the creative and strategic essence of IIE-Vega School. One of its most anticipated features is a state-of-the-art indoor sports centre, which will facilitate a well-rounded academic and extracurricular student experience. Our private university positioning continues to focus on the individual student, with an emphasis on creating a dynamic, engaged, and supportive academic environment consisting of comparatively small lecture groups, interactive facilitation techniques, the use of modern technology in the educational space, lecturers who are actively engaged in their respective professional fields, and bringing industry experience into the learning environment,” Wiseman concluded. As the countdown begins to the grand opening in January 2026, this ground-breaking ceremony marks the beginning of an exciting journey for The IIE’s Varsity College Sandton and IIE-Vega School.