REUNERT LIMITED - Dealings by directors, by the company secretary and by directors of a major subsidiary

Dealings by directors, by the company secretary and by directors of a major subsidiary

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06
ISIN: ZAE000057428
Share code: RLO
(“Reunert” or “Reunert group”)

ACCEPTANCE OF RIGHTS TO PARTICIPATE IN SHARE PLAN: DEALINGS BY DIRECTORS, BY
THE COMPANY SECRETARY AND BY DIRECTORS OF A MAJOR SUBSIDIARY

The Reunert Conditional Share Plan 2012 (“CSP”) was approved by shareholders on 13 February
2013. In accordance with the provisions of the CSP, the allocations, as set out in this announcement,
were approved on 5 December 2017.

In all instances:
     - clearance to trade was obtained;
     - approval for individual allocations was given by the remuneration committee;
     - the nature of the interest is direct beneficial; and
     - the nature of the transactions was off-market allocations of CSP units which could in future
          entitle the participant to ordinary shares if relevant employment and performance conditions
          are met.

                              CSP units – subject to     CSP units – subject     Indicative
                              remaining with the         to remaining with the   transaction value,
                              Reunert group and          Reunert group, 50%      based on closing
                              performance                vesting after four      share price on 5
                              conditions measured        years and 50% after     December 2017 of
                              over 4 years               5 years                 R69,79*
 Executive directors
 AE Dickson                    153 644                 -                         -
 M Moodley                     52 083                  -                         -
 MAR Taylor                    73 042                  -                         -
 NA Thomson                    94 049                  -                         -
 Directors of ATC (Pty) Ltd, a major subsidiary of Reunert
 GW Eddey                      39 622                  -                         -
 TA Pooe                       20 551                  -                         -
 Company secretary
 K Louw                        -                       3 919                     R273 507,01

* The transaction values relating to the CSP units that are subject to performance conditions will only
be determinable when the units vest, in accordance with the rules of the CSP, at the end of the 4-year
performance period.



Sandton
7 December 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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