HULAMIN LIMITED - Acceptance of rights to participate in share incentive plans

Acceptance of rights to participate in share incentive plans

HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number 1940/013924/06)
ISIN: ZAE000096210
JSE Code: HLM
(“Hulamin”)

ACCEPTANCE OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLANS BY DIRECTORS AND THE COMPANY 
SECRETARY OF HULAMIN AND BY DIRECTORS OF A MAJOR SUBSIDIARY

On 17 May 2017, executive directors and the company secretary of Hulamin and directors of Hulamin
Operations Proprietary Limited accepted Share Appreciation Rights (“Rights”) to participate in
Hulamin’s share incentive plans.

The Rights, which are granted and accepted off-market are subject to performance conditions and vest
after 3 years from 26 April 2017 at a grant price of R6.50 per ordinary share:

Hulamin executive directors:                          Nature of interest       Number of Rights
 RG Jacob                                              Direct beneficial            604 005
 AP Krull                                              Direct beneficial            327 554
 MZ Mkhize                                             Direct beneficial            304 817
Hulamin company secretary:
 W Fitchat                                             Direct beneficial            108 603
Directors of Hulamin Operations (Pty) Ltd
 MA Janneker                                           Direct beneficial            239 111
 FB Bradford                                           Direct beneficial            305 592
 DR Weisz                                              Direct beneficial            258 032

Clearance to accept the Rights was received.

Pietermaritzburg
18 May 2017

Sponsor
Questco Corporate Advisory (Proprietary) Limited

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