The Board of Seed Co International announces that the Company issued 1,485,485 ordinary shares, in terms of the 2018 Seed Co International Limited Share Appreciation Rights Scheme that came into effect concurrent with the unbundling and separate listing of the Company on 5 October 2019 (“the Share Plan”).

The shares were listed on the on the Botswana Stock Exchange on 28 October 2019. Following the issue of the 1,485,485 new shares, the Company will have 380,816,577 ordinary shares of no par value in issue.

By Order of the Board

Eric M. Kalaote