ITALTILE LIMITED - Dealings in Securities by Directors and a Director of a Major Subsidiary

Dealings in Securities by Directors and a Director of a Major Subsidiary

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123


DEALINGS IN SECURITIES BY DIRECTORS AND A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:


Name of director:                                Jan Potgieter
Company:                                         Italtile Limited
Nature of transaction:                           Off market award of shares under the Share Appreciation
                                                 Rights Scheme
Class of securities:                             Ordinary shares
Extent of director’s interest:                   Direct beneficial
Clearance to deal obtained:                      Yes
Date of transaction:                             1 September 2017
Number of securities:                            141 257
Price per security:                              R14.12
Total value:                                     R1 994 548.84

Name of director:                                Brandon Wood
Company:                                         Italtile Limited
Nature of transaction:                           Off market award of shares under the Share Appreciation
                                                 Rights Scheme
Class of securities:                             Ordinary shares
Extent of director’s interest:                   Direct beneficial
Clearance to deal obtained:                      Yes
Date of transaction:                             1 September 2017
Number of securities:                            28 251
Price per security:                              R14.12
Total value:                                     R398 904.12

Name of director:                                Tsundzukani Mhlanga
                                                 Italtile Ceramics Proprietary Limited, a major subsidiary of
Company:                                         Italtile Limited
Nature of transaction:                           Off market grant and acceptance of share appreciation
                                                 rights (“SARs”) under the Share Appreciation Rights
                                                 Scheme
Class of securities:                             Ordinary shares
Extent of director’s interest:                   Direct beneficial
Clearance to deal obtained:                      Yes
Date of transaction:                             1 September 2017
Number of securities:                            500 000
Price per security:                              R14.12
Period of exercise:                              The vesting dates of the SARs are: 25% on 31 August 2020
                                                 and 75% on 31 August 2022
Johannesburg
6 September 2017

Sponsor
Merchantec Capital

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