VUNANI LIMITED - Dealings in securities by directors

Dealings in securities by directors

VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000163382
("Vunani" or "the company")

DEALINGS IN SECURITIES BY DIRECTORS

In compliance with paragraphs 3.63 to 3.64 of the Listings Requirements of
JSE Limited ("Listings Requirements"), the following dealings took place by
directors of Vunani Limited:

Name of director               EG Dube
Date of acceptance of award:   26 February 2018
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     670 753
Price:                         290 cents
Value of transaction:          R1 945 183.70


Name of director               NM Anderson
Date of acceptance of award:   26 February 2018
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     447 222
Price:                         290 cents
Value of transaction:          R1 296 943.80


Name of director               BM Khoza
Date of acceptance of award:   26 February 2018
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     447 222
Price:                         290 cents
Value of transaction:          R1 296 943.80

Name of director               T Mika
Date of acceptance of award:   26 February 2018
Type of transaction:           Acceptance of performance shares awarded in
                               terms of the share scheme approved by
                               shareholders on 21 July 2015*
Nature of interest:            Direct
Number of ordinary shares:     202 404
Price:                         290 cents
Value of transaction:          R586 971.60


* The shares awarded will vest in 3 years if the above individuals are
still employed by Vunani Limited or one of its subsidiaries and they meet
the performance conditions as specified in their award letters.
Clearance was obtained in terms of paragraph 3.66 of the Listings
Requirements and dealing is off-market.


Sandton
26 February 2018

Designated Adviser
Grindrod Bank Limited

Date: 26/02/2018 01:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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