ZEDER INVESTMENTS LIMITED - Exercise Of Options By A Director In Terms Of The Zeder Group Share Incentive Trust

Exercise Of Options By A Director 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 OF OPTIONS 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:

NAME OF DIRECTOR               N Celliers

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            21 April 2017
(EXERCISE DATE)

OPTION STRIKE PRICE            R2.57

NUMBER OF OPTIONS EXERCISED    437 744

TOTAL RAND VALUE OF OPTIONS    R1 125 002.08

STRIKE (VESTING) DATE          20 April 2017
OF OPTIONS

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

NAME OF ASSOCIATE              Namron 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 Listing Requirements.

Stellenbosch
24 April 2017

Sponsor
PSG Capital

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