ZEDER INVESTMENTS LIMITED - Exercise And Acceptance Of Options By Directors In Terms Of The Zeder Group Share Incentive Trust

Exercise And Acceptance Of Options By Directors In Terms Of The Zeder Group Share Incentive Trust

Zeder Investments Limited
Incorporated in the Republic of South Africa
Registration number: 2006/019240/06
JSE share code: ZED
ISIN number: ZAE000088431
(“Zeder”)


EXERCISE AND ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE ZEDER
GROUP SHARE INCENTIVE TRUST

In compliance with Rules 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information is disclosed:


A) EXERCISE OF OPTIONS BY A DIRECTOR


The following share options were exercised in terms of the Zeder SIT:


1.
NAME OF DIRECTOR                JH le Roux


COMPANY OF WHICH I AM A         Zeder Investments Limited
DIRECTOR


STATUS: EXECUTIVE/NON-          Executive
EXECUTIVE


TYPE OF SECURITIES              Shares


CLASS OF SECURITIES             Ordinary


DATE OF TRANSACTION            28 February 2018             (1) – (2)
(EXERCISE DATE)
OPTION STRIKE PRICE           R4.10                               (1)
                              R4.97                               (2)


NUMBER OF OPTIONS EXERCISED   304 878                             (1)
                              93 278                              (2)


TOTAL RAND VALUE OF OPTIONS   R1 249 999.80                       (1)
                              R463 591.66                         (2)


STRIKE (VESTING) DATE OF      28 February 2018              (1) – (2)
OPTIONS


PERIOD OF EXERCISE            Participants have a 30-day    (1) – (2)
                              period from the vesting date
                              during which options can be
                              exercised


NAME OF ASSOCIATE             Bakenskraal Investments
                              Proprietary Limited


RELATIONSHIP WITH DIRECTOR    Director is a director of the
                              associate and a trustee and
                              beneficiary of the
                              shareholder of the associate


NATURE OF TRANSACTION         Acquisition of shares in Zeder
                              through the exercise of options
                              (Off-market transaction)


NATURE AND EXTENT OF          Indirect, Beneficial
INTEREST IN THE TRANSACTION

CLEARANCE OBTAINED              Yes


Clearance to deal in these shares was obtained in accordance with rule
3.66 of the JSE Limited Listings Requirements.


B) ACCEPTANCE OF OPTIONS BY DIRECTORS


The following share option awards were accepted in terms of the Zeder
SIT:


1.
NAME OF DIRECTOR                N Celliers


COMPANY OF WHICH I AM A         Zeder Investments Limited
DIRECTOR


STATUS: EXECUTIVE/NON-          Executive
EXECUTIVE


TYPE AND CLASS OF SECURITIES    Share options to acquire
                                ordinary shares


DATE OF AWARD                   28 February 2018


DATE OF ACCEPTANCE              28 February 2018


OPTION STRIKE PRICE             R6.41 (Zeder’s 30-day volume
                                weighted average traded price
                                at 28 February 2018)


NUMBER OF OPTIONS ACCEPTED      4 016 442

TOTAL RAND VALUE OF OPTIONS    R25 745 393.22


VESTING DATE OF OPTIONS        Vesting in tranches of 25%
                               each on the 2nd, 3rd, 4th and 5th
                               anniversary of the award


NATURE OF TRANSACTION          Acceptance of award of
                               options to acquire ordinary shares
                               in terms of a share incentive scheme


NATURE AND EXTENT OF           Direct, Beneficial
INTEREST IN THE TRANSACTION


CLEARANCE OBTAINED             Yes


2.
NAME OF DIRECTOR               JH le Roux


COMPANY OF WHICH I AM A        Zeder Investments Limited
DIRECTOR


STATUS:EXECUTIVE/NON-          Executive
EXECUTIVE


TYPE AND CLASS OF SECURITIES   Share options to acquire
                               ordinary shares


DATE OF AWARD                  28 February 2018


DATE OF ACCEPTANCE             28 February 2018

OPTION STRIKE PRICE            R6.41 (Zeder’s 30-day volume
                               weighted average traded price
                               at 28 February 2018)


NUMBER OF OPTIONS ACCEPTED      2 319 528


TOTAL RAND VALUE OF OPTIONS     R14 868 174.48


VESTING DATE OF OPTIONS         Vesting in tranches of 25%
                                each on the 2nd, 3rd, 4th and 5th
                                anniversary of the award


NATURE OF TRANSACTION           Acceptance of award of
                                options to acquire ordinary shares
                                in terms of a share incentive scheme


NATURE AND EXTENT OF            Direct, Beneficial
INTEREST IN THE TRANSACTION


CLEARANCE OBTAINED              Yes


Clearance to accept the above share option awards were obtained in
accordance with Rule 3.66 of the JSE Limited Listings Requirements.


Stellenbosch
1 March 2018

Sponsor
PSG Capital

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