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Spanjaard Limited - Dealing In Securities By A Director

Release Date: 14/12/2015 10:58:00      Code(s): SPA     
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code: SPA ISIN code:           ZAE000006938


In accordance with the requirements of paragraphs 3.63 to 3.74 of the Listings
Requirements of the Johannesburg Stock Exchange, the following trade in the
company?s securities should be noted:

Director:                                       Kentin Welgemoed

Date of transaction:                            9 December 2015

Price:                                          375 cents per share

Number of securities:                           1000

Total value:                                    R3 750

Class of security:                              Ordinary shares

Nature of transactions:                         Purchase

Nature and extent of interest:                  Beneficial

Confirmation of trade                           On-market

Clearance given in terms
of paragraph 3.66                               Yes

14 December 2015

Arbor Capital Sponsors Proprietary Limited

Date: 14/12/2015 10:58:00 Supplied by www.sharenet.co.za                     
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