MIX TELEMATICS LIMITED - Dealing in securities by a director of a major subsidiary of MiX Telematics

Dealing in securities by a director of a major subsidiary of MiX Telematics

MIX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX  ISIN: ZAE000125316
NYSE share code: MIXT
("MiX Telematics")


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF MIX TELEMATICS


Shareholders are advised of the following information relating to the award and acceptance of share appreciation
rights ("SARs") under the MiX Telematics Limited Long-Term Incentive Plan ("LTIP"), the vesting of which will
occur on an annual basis in four equal tranches commencing on 14 December 2020 and will be subject to the
performance condition of the achievement of 10% compounded annual growth in the MiX Telematics share price. The
total value of each award will be determined, for the number of SARs exercised, by calculating the difference 
between the award price per SAR and the closing share price on the day before the exercise date.

Name of director:                                  Daniel Reichenberg
Name of subsidiary company:                        MiX Telematics International Proprietary Limited
Acceptance date:                                   18 December 2018
Class of securities:                               SARs in respect of ordinary shares
Number of securities:                              SARs awarded in respect of 500 000 ordinary shares
Award price per SAR:                               R9.65
Nature of transaction:                             Award of SARs under the LTIP
Nature and extent of directors' interest:          Direct beneficial
Clearance to deal received:                        Yes

19 December 2018


Sponsor
Java Capital

Date: 19/12/2018 05:45:00 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.