ITALTILE LIMITED - Dealings in Securities by Directors and a Director of a Major Subsidiary

Dealings in Securities by Directors and a Director of a Major Subsidiary

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number 1955/000558/06)
Share code: ITE ISIN: ZAE000099123


DEALINGS IN SECURITIES BY DIRECTORS AND A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

 Name of director:                        Nick Booth
 Company:                                 Italtile Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market award of shares under the Executive Retention Plan
 Date of transaction:                     1 September 2016
 Price per security:                      R13.66
 Number of securities:                    3 000 000
 Total value:                             R40 980 000
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes
 Period of exercise:                      The shares are subject to a five-year lock-in period from transaction
                                          date

 Name of director:                        Nick Booth
 Company:                                 Italtile Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market grant and acceptance of share appreciation rights (“SARs”)
                                          under the Share Appreciation Rights Scheme
 Date of transaction:                     1 September 2016
 Grant price:                             R14.25
 Number of securities:                    1 200 000
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes
 Period of exercise:                      The vesting dates of the SARs are: 25% on 31 August 2019 and 75%
                                          on 31 August 2021

 Name of director:                        Jan Potgieter
 Company:                                 Italtile Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market award of shares under the Executive Retention Plan
 Date of transaction:                     1 September 2016
 Price per security:                      R13.66
 Number of securities:                    3 000 000
 Total value:                             R40 980 000
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes
 Period of exercise:                      The shares are subject to a five-year lock-in period from transaction
                                          date

 Name of director:                        Jan Potgieter
 Company:                                 Italtile Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market grant and acceptance of share appreciation rights (“SARs”)
                                          under the Share Appreciation Rights Scheme
 Date of transaction:                     1 September 2016
 Grant price:                             R14.25
 Number of securities:                    1 000 000
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes
 Period of exercise:                      The vesting dates of the SARs are: 25% on 31 August 2019 and 75%
                                          on 31 August 2021

 Name of director:                        Brandon Wood
 Company:                                 Italtile Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market award of shares under the Executive Retention Plan
 Date of transaction:                     1 September 2016
 Price per security:                      R13.66
 Number of securities:                    1 000 000
 Total value:                             R13 660 000
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes
 Period of exercise:                      The shares are subject to a five-year lock-in period from transaction
                                          date

 Name of director:                        Brandon Wood
 Company:                                 Italtile Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market grant and acceptance of share appreciation rights (“SARs”)
                                          under the Share Appreciation Rights Scheme
 Date of transaction:                     1 September 2016
 Grant price:                             R14.25
 Number of securities:                    800 000
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes
 Period of exercise:                      The vesting dates of the SARs are: 25% on 31 August 2019 and 75%
                                          on 31 August 2021

 Name of director:                        Brandon Wood
 Company:                                 Italtile Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market award of shares under the Share Appreciation Rights
                                          Scheme
 Date of transaction:                     5 September 2016
 Price per security:                      R14.25
 Number of securities:                    144 906
 Total value:                             R2 064 910.50
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes

 Name of director:                        Wouter van der Merwe
 Company:                                 Allmuss Properties Proprietary Limited, a major subsidiary of Italtile
                                          Limited
 Class of securities:                     Ordinary shares
 Nature of transaction:                   Off market award of shares under the Share Appreciation Rights
                                          Scheme
 Date of transaction:                     5 September 2016
 Price per security:                      R14.25
 Number of securities:                    186 582
 Total value:                             R2 658 793.50
 Extent of director’s interest:           Direct beneficial
 Clearance to deal obtained:              Yes

Johannesburg
5 September 2016

Sponsor
Merchantec Capital

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