MASTER DRILLING GROUP LIMITED - Exercise of options in terms of the Master Drilling Share Option Plan

Exercise of options in terms of the Master Drilling Share Option Plan

Master Drilling Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2011/008265/06)
JSE share code: MDI
ISIN: ZAE000171948
(“Master Drilling” or the “Company”)



EXERCISE OF OPTIONS IN TERMS OF THE MASTER DRILLING SHARE OPTION PLAN

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
share options were exercised in terms of the Master Drilling Share Option Plan:

 Name of director:                  Mr Daniel Coenraad Pretorius

 Designation:                       Executive Director (CEO)

 Date of transaction:               12 May 2017

 Class of securities:               Options in respect of Ordinary Shares

 Option Price:                      892 cents per share

 Number of Options exercised:       500 000

 Total Rand value:                  R4 460 000

 Nature of interest:                Direct, Beneficial

 Nature and extent of interest in   Acquisition of shares in Master Drilling through
 the transaction:                   exercise of options (Off-market transaction)

 Clearance obtained:                Yes


Fochville
12th May 2017

Sponsor
Investec Bank Limited




                                                                                            

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