CADIZ HOLDINGS LIMITED - Directors' Interests

Directors' Interests

CADIZ HOLDINGS LIMITED
Incorporated in the Republic of South Africa)
(Registration number 1997/007258/06)
Share code: CDZ    ISIN: ZAE000017661

DIRECTORS’ INTERESTS


In compliance with Rules 3.63 – 3.74 of the JSE Listing
Requirements, the following information is disclosed:


Cadiz announces the granting of share appreciation rights in terms
of the Cadiz Share Appreciation Rights Plan (CSARP). The grant is
based on the 2 June 2014 90 day VWAP share price of 108.5 cents
per share, increasing by the fringe benefit tax interest rate and
decreasing by dividends paid by the company, and vests in four
equal annual tranches on 31 March 2017 to 31 March 2020 subject to
employment and performance conditions.


Director:                Fraser Shaw
Office held:             Director
Company:                 Cadiz Holdings Limited
Number:                  2 000 000
Value:                   R2 170 000.00
Offer date:              02 June 2014
Acceptance date:         09 June 2014
Class of shares:         Ordinary
Nature of transaction:   Grant of share rights
Nature of interest:      Direct beneficial, off-market


Director:                Frank Cadiz
Office held:             Director of major subsidiary
Company:                 Cadiz Asset Management (Pty) Ltd
Number:                  500 000
Value:                   R542 500.00
Offer date:              02 June 2014
Acceptance date:         09 June 2014
Class of shares:         Ordinary
Nature of transaction:   Grant of share rights.
Nature of interest:      Direct beneficial, off-market


Director:                Francois van Wyk
Office held:             Director of major subsidiary
Company:                 Cadiz Asset Management (Pty) Ltd
Number:                  500 000
Value:                   R542 500.00
Offer date:              02 June 2014
Acceptance date:         09 June 2014
Nature of transaction:   Grant of share rights
Nature of interest:      Direct beneficial, off-market


Cadiz announces the awarding of restricted shares in terms of the
Cadiz Restricted Share Plan (RSP). In terms of the plan employees
receive a portion of their annual performance award in equity
rather than cash. The awards, which are based on the 2 June 2014
10 day VWAP share price of 109.2 cents per share, vest in two
equal tranches on 10 June 2015 and 10 June 2016 with 50% of the
shares vesting on each date subject to a one year sale
restriction.


Director:                Fraser Shaw
Office held:             Director
Company:                 Cadiz Holdings Limited
Number:                  93 429
Value:                   R102 024.47
Offer date:              02 June 2014
Acceptance date:         09 June 2014
Class of shares:         Ordinary
Nature of transaction:   Award of ordinary shares
Nature of interest:      Direct beneficial, off-market


Company Secretary:       Charl Schmahl
Office held:             Company Secretary
Company:                 Cadiz Holdings Limited
Number:                  32 234
Value:                   R35 199.53
Offer date:              02 June 2014
Acceptance date:         09 June 2014
Class of shares:         Ordinary
Nature of transaction:   Award of ordinary shares
Nature of interest:      Direct beneficial, off-market


Clearance in terms of paragraph 3.66 has been given by the
designated persons

Cape Town 
10 June 2014

Sponsor: Investec Bank Limited

Date: 10/06/2014 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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