ELB GROUP LIMITED - Acceptance of options by directors or the company and of major subsidiaries

Acceptance of options by directors or the company and of major subsidiaries

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

ACCEPTANCE OF OPTIONS BY DIRECTORS OF THE COMPANY AND OF MAJOR
SUBSIDIARIES

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

Summary information in respect of Options:

Grant date of option:                  18 May 2017
Strike date:                           Within 10 years from grant date
Option strike price:                   R20.83
Nature of transaction:                 Acceptance of options granted in terms of The ELB Share
                                       Incentive Scheme
Class of securities:                   Ordinary shares
Type of interest:                      Direct beneficial
Clearance to deal obtained:            Yes

Directors’ information:

Name of director:                      MC Easter
Name of company:                       ELB Group Limited
Date of acceptance:                    31 May 2017
Number of options accepted:            75 000
Total value of transaction:            R1 562 250

Name of director:                      MV Ramollo
Name of company:                       ELB Group Limited
Date of acceptance:                    29 May 2017
Number of options accepted:            30 000
Total value of transaction:            R624 900

Name of director:                      TJ Budd
Name of company:                       ELBCON Proprietary Limited
Date of acceptance:                    31 May 2017
Number of options accepted:            125 000
Total value of transaction:            R2 603 750

Name of director:                      G Comins
Name of company:                       ELB Engineering Services Proprietary Limited
Date of acceptance:                    31 May 2017
Number of options accepted:            150 000
Total value of transaction:            R3 124 500

Name of director:                      AJ Mckay
Name of company:                       ELB Engineering Services Proprietary Limited
Date of acceptance:                    30 May 2017
Number of options accepted:            250 000
Total value of transaction:            R5 207 500

Boksburg
1 June 2017

Sponsor
Questco Corporate Advisory (Proprietary) Limited

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