HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Grant and Acceptance of Options to Directors and Officers

Grant and Acceptance of Options to Directors and Officers

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)

Grant And Acceptance Of Options To Directors And Officers

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements
the following information regarding the granting and acceptance of options in
terms of the HCI Employee Share Scheme is disclosed:


Director                    :    Mr J A Copelyn
Designation                 :    Chief Executive Officer
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct, Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    01 December 2022
Date of acceptance          :    19 December 2022
Number of options           :    81 255
Option strike price         :    R158.39 (10% discount to the 20 day
VWAP)
Value of transaction        :    R12 869 979
Vesting date of options     :    01 December 2026
Expiry date of options      :    01 June 2027


Director                    :    Mr J R Nicolella
Designation                 :    Financial Director
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct, Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    01 December 2022
Date of acceptance          :    19 December 2022
Number of options           :    42 233
Option strike price         :    R158.39 (10% discount to the 20 day
VWAP)
Value of transaction        :    R6 689 285
Vesting date of options     :    01 December 2026
Expiry date of options      :    01 June 2027


Director                    :    Mr T G Govender
Designation                 :    Executive Director
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct, Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    01 December 2022
Date of acceptance          :    20 December 2022
Number of options           :    35 250
Option strike price         :    R158.39 (10% discount to the 20 day
VWAP)
Value of transaction        :    R5 583 248
Vesting date of options     :    01 December 2026
Expiry date of options      :    01 June 2027
Director                    :    Mr Y Shaik
Designation                 :    Executive Director
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct, Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    01 December 2022
Date of acceptance          :    19 December 2022
Number of options           :    34 985
Option strike price         :    R158.39 (10% discount to the 20 day
VWAP)
Value of transaction        :    R5 541 274
Vesting date of options     :    01 December 2026
Expiry date of options      :    01 June 2027


Clearance                   :    Clearance in terms of par. 3.66 of the JSE
                                 Listings Requirements was obtained.


Cape Town
20 December 2022
Sponsor: Investec Bank Limited

Date: 20-12-2022 10:22:00
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