ELB GROUP LIMITED - Exercise of options by a director of a major subsidiary

Exercise of options by a director of a major subsidiary

ELB GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1930/002553/06)
ISIN: ZAE000035101
JSE Code: ELR
(“the Company”)

EXERCISE OF OPTIONS BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited, the following
information is disclosed in respect of the exercise of options in terms of The ELB Share Incentive
Scheme:


Name of director:                      AMM Pinto
Name of company:                       ELB Engineering Services (Pty) Limited
Date of transaction:                   24 May 2017
Nature of transaction:                 Receipt of ordinary shares pursuant to the off-market
                                       exercise of options granted in terms of The ELB Share
                                       Incentive Scheme
Class of securities:                   Ordinary shares
Number of options exercised:           40 000
Option strike price:                   R20.83
Total value of transaction:            R833 200
Type of interest:                      Direct beneficial
Clearance to deal obtained:            Yes

Boksburg
25 May 2017

Sponsor
Questco Corporate Advisory (Proprietary) Limited

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