ITALTILE LIMITED - Dealings in Securities by Directors, Directors of a Major Subsidiary and an Associate of a Director

Dealings in Securities by Directors, Directors of a Major Subsidiary and an Associate of a Director

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123
Share code: ITEN ISIN: ZAE000251328
(“Italtile”)

DEALINGS IN SECURITIES BY DIRECTORS, DIRECTORS OF A MAJOR SUBSIDIARY AND AN
ASSOCIATE OF A DIRECTOR



In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:


 Name of director:                                Jan Potgieter
 Company:                                         Italtile Limited
 Nature of transaction:                           On market sale of letters of allocation pursuant to the Italtile
                                                  Rights Offer
 Class of securities:                             Letters of allocation in respect of the Italtile Rights Offer
 Extent of director’s interest:                   Direct beneficial
 Clearance to deal obtained:                      Yes
 Date of transaction:                             17 November 2017
 Number of securities:                            455 077
 Price per security:                              R0.41
 Total value:                                     R186 581.57

 Name of director:                                Brandon Wood
 Company:                                         Italtile Limited
 Nature of transaction:                           On market sale of letters of allocation pursuant to the Italtile
                                                  Rights Offer
 Class of securities:                             Letters of allocation in respect of the Italtile Rights Offer
 Extent of director’s interest:                   Direct beneficial
 Clearance to deal obtained:                      Yes
 Date of transaction:                             17 November 2017
 Number of securities:                            392 000
 Price per security:                              R0.41
 Total value:                                     R160 720.00

 Name of director:                                Lance Foxcroft
 Company:                                         Ceramic Industries Proprietary Limited, a major subsidiary
                                                  of Italtile Limited
 Nature of transaction:                           On market sale of letters of allocation pursuant to the Italtile
                                                  Rights Offer
 Class of securities:                             Letters of allocation in respect of the Italtile Rights Offer
 Extent of director’s interest:                   Direct beneficial
 Clearance to deal obtained:                      Yes
 Date of transaction:                             13 November 2017
 Number of securities:                            421 852
 Weighted average price per security:             R0.50175
 Highest price:                                   R0.59
 Lowest price:                                    R0.50
 Total value:                                     R211 665.80

 Name of director:                                Tshepo Molefakgotla
 Company:                                         Ceramic Industries Proprietary Limited, a major subsidiary
                                                  of Italtile Limited
 Nature of transaction:                           On market sale of letters of allocation pursuant to the Italtile
                                                  Rights Offer
 Class of securities:                             Letters of allocation in respect of the Italtile Rights Offer
 Extent of director’s interest:                   Direct beneficial
 Clearance to deal obtained:                      Yes
 Date of transaction:                             20 November 2017
 Number of securities:                            241 059
 Weighted average price per security:             R0.1854
 Highest price:                                   R0.18
 Lowest price:                                    R0.20
 Total value:                                     R44 692.34

 Name of director:                                David Alston
 Company:                                         Ceramic Industries Proprietary Limited, a major subsidiary
                                                  of Italtile Limited
 Nature of transaction:                           On market sale of letters of allocation pursuant to the Italtile
                                                  Rights Offer
 Class of securities:                             Letters of allocation in respect of the Italtile Rights Offer
 Extent of director’s interest:                   Direct beneficial
 Clearance to deal obtained:                      Yes
 Date of transaction:                             20 November 2017
 Number of securities:                            241 059
 Weighted average price per security:             R0.1854
 Highest price:                                   R0.18
 Lowest price:                                    R0.20
 Total value:                                     R44 692.34

 Name of director:                                Siyabonga Gama
 Company:                                         Italtile Limited
 Name of associate:                               Four Arrows Investments 256 Proprietary Limited
 Relationship of associate to director            Siyabonga Gama, together with his wife, are trustees of the
                                                  trust that holds a majority of the shares in the holding
                                                  company of Four Arrows Investments 256 Proprietary
                                                  Limited
 Nature of transaction:                           On market sale of letters of allocation pursuant to the Italtile
                                                  Rights Offer
 Class of securities:                             Letters of allocation in respect of the Italtile Rights Offer
 Extent of director’s interest:                   Indirect beneficial
                                                  16 November            20 November             21 November
 Date of transaction:                             2017                   2017                    2017
 Number of securities:                            2 500 000              4 767 321               476 679
 Weighted average price per security:             R1.41                  R0.27786                R0.10
 Highest price:                                   R1.41                  R0.40                   R0.10
 Lowest price:                                    R1.41                  R0.18                   R0.10
 Total value:                                     R3 525 000.00          R1 324 630.35           R47 667.90


Johannesburg
22 November 2017

Sponsor
Merchantec Capital

Date: 22/11/2017 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.