BRAINWORKS LIMITED - Dealing in securities by associates of directors

Dealing in securities by associates of directors

Brainworks Limited
(Incorporated in the Republic of Mauritius)
(Registration number: 115883 C1/GBL)
Share Code: BWZ ISIN: MU0548S00000
(“the Company”)

DEALING IN SECURITIES BY ASSOCIATES OF DIRECTORS


In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the
following information is disclosed in respect of the disposal of the Company’s ordinary shares by
associates of the Company’s directors:

The following information applies in respect of all transactions:

 Nature of transaction:                           Disposal of ordinary shares
 Date of transaction:                             30 November 2017
 Price per share:                                 R11.50
 Where traded:                                    Off-market
 Clearance to deal:                               Obtained

Transactions:

 Name of director:                                Mr. George Manyere (Non-executive)
 Name of associate:                               SCB Mauritius A/C Afrasia Bank Limited as
                                                  nominee for
 Relationship:                                    MHMK Capital Limited is a wholly owned subsidiary
                                                  of MHMK Group Limited which is itself wholly
                                                  owned by a discretionary family trust settled by
                                                  Mr. George Manyere for his minor children of
                                                  whose interest is held in a Trust for their benefit.
 Number of shares:                                2 001 072
 Value of transaction:                            R23 012 328.00
 Type of interest:                                Indirect beneficial

 Name of director:                                Mr. Walter Kambwanji (Non-executive)
 Name of associate:                               Matthew Daniels Trust
 Relationship:                                    Matthew Daniels Trust is a discretionary family
                                                  trust settled by Mr. Walter Kambwanji for the
                                                  benefit of his children whose interest is held in a
                                                  Trust for their benefit.
 Number of shares:                                2 500 000
 Value of transaction:                            R28 750 000.00
 Type of interest:                                Indirect beneficial

 Name of director:                                Mr. Walter Kambwanji (Non-executive)
 Name of associate:                               TDC Investment Trust
 Relationship:                                    TDC Investment Trust is a discretionary family trust
                                                  settled by Mr. Walter Kambwanji for benefit of his
                                                  children whose interest is held in Trust for their
                                                  benefit.
 Number of shares:                                187 009
 Value of transaction:                            R2 150 603.50
 Type of interest:                                Indirect beneficial

 Name of director:                                Mr. Walter Kambwanji (Non-executive)
 Name of associate:                               TBE Investment Limited
 Relationship:                                    Walter Kambwanji is the sole shareholder of TBE
                                                  Investments Limited and ADC Directors Limited is
                                                  the sole director.
 Number of shares:                                1 129 792
 Value of transaction:                            R12 992 608.00
 Type of interest:                                Direct beneficial


Ebène, Mauritius
8 December 2017

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 11/12/2017 07:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.