SYGNIA LIMITED - Dealing in securities by a director of a major subsidiary and company secretary

Dealing in securities by a director of a major subsidiary and company secretary

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE: SYG ISIN: ZAE000208815
("Sygnia").

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY AND COMPANY SECRETARY

In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities, is disclosed:

Name:                                          Niki Jane Giles
Designation:                                   Director of Sygnia Life Limited (a major subsidiary of Sygnia
                                               Limited)
Type and Class of securities:                  Share options to acquire ordinary shares
Date of award and acceptance:                  4 December 2017
Option strike price:                           R11.05 (Sygnia’s 30-day volume weighted average trade price
                                               up to and including 1 December 2017)
Number of share options awarded:               100 000
Total rand value of options:                   R1,105,000.00
Exercise periods:                              20% after the 3rd anniversary date
                                               30% after the 4th anniversary date
                                               50% after the 5th anniversary date
Nature of transaction:                         Grant and acceptance of share options in terms of the Sygnia
                                               Limited Employee Share Option Scheme (off market)
Extent of interest:                            Direct beneficial
Clearance obtained:                            Yes

Name:                                          Glen MacLachlan
Designation:                                   Company Secretary
Type and Class of securities:                  Share options to acquire ordinary shares
Date of award and acceptance:                  4 December 2017
Option strike price:                           R11.05 (Sygnia’s 30-day volume weighted average trade price
                                               up to and including 1 December 2017)
Number of share options awarded:               50 000
Total rand value of options:                   R552,500.00
Exercise periods:                              20% after the 3rd anniversary date
                                               30% after the 4th anniversary date
                                               50% after the 5th anniversary date
Nature of transaction:                         Grant and acceptance of share options in terms of the Sygnia
                                               Limited Employee
                                               Share Option Scheme (off market)
Extent of interest:                            Direct beneficial
Clearance obtained:                            Yes

5 December 2017

Sponsor
Nedbank Corporate and Investment Banking

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