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Montauk Holdings Limited - Grant And Acceptance Of Options To Directors And Officers

Release Date: 01/04/2016 11:35:00      Code(s): MNK     
MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/017811/06)
(Share code: MNKI & ISIN: ZAE000197455)
("MNK" or "the company")

GRANT AND ACCEPTANCE OF OPTIONS TO DIRECTORS AND OFFICERS

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements the following information
regarding the award and acceptance of ordinary shares in terms of the Montauk Holdings Limited
Restricted Stock Plan for U.S. Affiliates is disclosed:



Director                          :       SF McClain
Designation                       :       Chief Financial Officer
Nature of transaction             :       Grant and acceptance of award
                                          Off Market
Nature of Interest                :       Direct, Beneficial
Class of Shares                   :       Ordinary shares
Date of grant of award            :       31 March 2016
Date of acceptance                :       31 March 2016
Number of shares                  :       646 400
Issue price                       :       RNil
Value of transaction              :       RNil
Expiry date of restrictions       :       31 March 2018 in respect of 20% of the shares
                                          31 March 2019 in respect of 20% of the shares
                                          31 March 2020 in respect of 60% of the shares


Public Officer                    :       ML Ryan
Designation                       :       Vice President and Company Secretary of major subsidiary
Nature of transaction             :       Grant and acceptance of award
                                          Off Market
Nature of Interest                :       Direct, Beneficial
Class of Shares                   :       Ordinary shares
Date of grant of award            :       31 March 2016
Date of acceptance                :       31 March 2016
Number of shares                  :       646 400
Issue price                       :       RNil
Value of transaction              :       RNil
Expiry date of restrictions       :       31 March 2018 in respect of 20% of the shares
                                          31 March 2019 in respect of 20% of the shares
                                          31 March 2020 in respect of 60% of the shares

Clearance                     :           Clearance in respect of par 3.66 of the JSE
                                          Listings Requirements was obtained


Cape Town
01 April 2016

Sponsor: Investec Bank Limited

Date: 01/04/2016 11:35:00 Supplied by www.sharenet.co.za                     
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