KAP INDUSTRIAL HOLDINGS LIMITED - Change in nature of a Director's Holding

Change in nature of a Director's Holding

KAP Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1978/000181/06
Share Code: KAP
ISIN: ZAE0000171963
(“KAP” or “the Company”)

CHANGE IN NATURE OF A DIRECTOR’S HOLDING

Notice is given, in terms of paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited’s Listing Requirements, of the
following transaction in respect of the Company’s shares by a director
of major subsidiaries of KAP:


 NAME OF DIRECTOR                     Frans Hendrik Olivier

 STATUS                               Executive director of major
                                      subsidiaries of KAP

 NAME OF MAJOR SUBSIDIARIES           KAP    Automotive   Proprietary
                                      Limited, PG Bison Proprietary
                                      Limited and PG Bison Holdings
                                      Proprietary Limited

 TYPE OF SECURITIES                   Ordinary shares of no par value
                                      in KAP

 DATE OF TRANSACTIONS                 23 November 2015


 CENTS    PER SHARE                   700


 NUMBER OF SECURITIES TRANSACTED      180 000


 TOTAL RAND VALUE OF SECURITIES       R1 260 000.00

 NATURE OF TRANSACTIONS               Transfer of KAP shares held on
                                      a direct beneficial basis by Mr
                                      Olivier to Mashoweng
                                      Investments Proprietary
                                      Limited, an associate of Mr.
                                      Olivier (Off market
                                      transaction)
 EXTENT OF DIRECTOR’S INTEREST IN     The transfer results in a
 THE TRANSACTIONS                     change of interest from direct
                                      beneficial to indirect
                                      beneficial

 CONFIRMATION THAT CLEARANCE HAS      Yes
 BEEN GIVEN IN TERMS OF PARAGRAPH
 3.66
 DATE OF CONFIRMATION                 23 November 2015



By order of the Board
Steinhoff Africa Secretarial Services Proprietary Limited
25 November 2015

Sponsor: PSG Capital Proprietary Limited

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