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SPANJAARD LIMITED - Dealing in Securities by a Director

Release Date: 27/02/2017 16:28:00      Code(s): SPA     
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
(?Spanjaard? or ?the Company?)
Share code: SPA ISIN code:        ZAE000006938


In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
Johannesburg Stock Exchange (?JSE?), the following dealings should be

Name of director:                   Robert    Johannes   Willem    Spanjaard
                                    through Spanjaard Group Limited
Date of transaction:                23 February 2017
Number of securities:               5 950
Class of securities:                Ordinary shares
Nature of transaction:              Sale
Price per share:                    R2.50
Nature of interest:                 Indirect beneficial
Extent of interest:                 0.07%
Value of transaction:               R14 875.00
How traded                          On market
Clearance to deal obtained:         Yes

27 February 2017

Arbor Capital Sponsors Proprietary Limited

Date: 27/02/2017 04:28:00 Supplied by www.sharenet.co.za                     
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