DENEB INVESTMENTS LIMITED - Exercise Of Options By Directors In Terms Of The Deneb Long Term Incentive Scheme

Exercise Of Options By Directors In Terms Of The Deneb Long Term Incentive Scheme

DENEB INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/091290/06)
Share code: DNB
ISIN: ZAE000197398
(“Deneb” or the “Company”)

EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE DENEB LONG TERM INCENTIVE
SCHEME

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

1.
     NAME OF DIRECTOR                    S Queen
     COMPANY OF WHICH I AM A DIRECTOR    Deneb Investments Limited
     STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
     TYPE OF SECURITIES                  Shares
     CLASS OF SECURITIES                 Ordinary
     DATE OF TRANSACTION                 7 February 2017
     CENTS PER SHARE                     163
     NUMBER OF SECURITIES TRANSACTED     378 832
     TOTAL RAND VALUE OF SECURITIES      R617 496.16
     NATURE OF TRANSACTION               Delivery of ordinary shares
                                         through the exercise of Deneb
                                         Long Term Incentive Scheme
                                         options granted and accepted in
                                         2014 at an adjusted strike
                                         price of R0.50 (off-market)
     NATURE AND EXTENT OF INTEREST IN    Direct beneficial
     THE TRANSACTION
     CLEARANCE OBTAINED                  Yes

2.
     NAME OF DIRECTOR                    D Duncan
     COMPANY OF WHICH I AM A DIRECTOR    Deneb Investments Limited
     STATUS:EXECUTIVE/NON-EXECUTIVE      Executive
     TYPE OF SECURITIES                  Shares
     CLASS OF SECURITIES                 Ordinary
     DATE OF TRANSACTION                 7 February 2017
     CENTS PER SHARE                     163
     NUMBER OF SECURITIES TRANSACTED     110 492
     TOTAL RAND VALUE OF SECURITIES      R180 101.96
     NATURE OF TRANSACTION               Delivery of ordinary shares
                                         through the exercise of Deneb
                                         Long Term Incentive Scheme
                                         options granted and accepted in
                                         2014 at an adjusted strike
                                         price of R0.50 (off-market)
     NATURE AND EXTENT OF INTEREST IN    Direct beneficial
     THE TRANSACTION
     CLEARANCE OBTAINED                  Yes
3.
     NAME OF DIRECTOR                   G Wege
     COMPANY OF WHICH I AM A DIRECTOR   Deneb Investments Limited
     STATUS:EXECUTIVE/NON-EXECUTIVE     Executive
     TYPE OF SECURITIES                 Shares
     CLASS OF SECURITIES                Ordinary
     DATE OF TRANSACTION                7 February 2017
     CENTS PER SHARE                    163
     NUMBER OF SECURITIES TRANSACTED    150 000
     TOTAL RAND VALUE OF SECURITIES     R244 500.00
     NATURE OF TRANSACTION              Delivery of ordinary shares
                                        through the exercise of Deneb
                                        Long Term Incentive Scheme
                                        options granted and accepted in
                                        2014 at a nil strike price
                                        (off-market)
     NATURE AND EXTENT OF INTEREST IN   Direct beneficial
     THE TRANSACTION
     CLEARANCE OBTAINED                 Yes

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

Cape Town
8 February 2017

Sponsor
PSG Capital

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