INVICTA HOLDINGS LIMITED - Dealing in securities by a director and associates of directors

Dealing in securities by a director and associates of directors

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta" or “the Company”)


Dealing in securities by a director and associates of directors

In compliance with rule of 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in
respect of the following transactions by a director and associates of directors:

        Name of director:                   CE Walters (Executive director)
        Nature of transaction:              Sale of ordinary shares to satisfy margin calls
        Date of transaction:                30 November 2015
        Price per share:                    R51.50
        Number of securities:               200 000 ordinary shares
        Value of transaction:               R10 300 000.00
        Nature of interest:                 Direct beneficial
        Trade:                              On-market

        Name of director:                   CE Walters (Executive director)
        Name of associate:                  K2015214957 (Proprietary) Limited
        Relationship to director:           CE Walters is a director and shareholder of the associate
        Nature of transaction:              Sale of ordinary shares to satisfy margin calls
        Date of transaction:                30 November 2015
        Price per share:                    R51.50
        Number of securities:               180 000 ordinary shares
        Value of transaction:               R9 270 000.00
        Nature of interest:                 Indirect beneficial
        Trade:                              On-market

        Name of director:                   A Goldstone (Executive director)
        Name of associate:                  A & A Family Trust
        Relationship to director:           A Goldstone is a trustee of the associate
        Nature of transaction:              Sale of ordinary shares to satisfy margin calls
        Date of transaction:                30 November 2015
        Price per share:                    R51.50
        Number of securities:               1 500 000 ordinary shares
        Value of transaction:               R77 250 000.00
        Nature of interest:                 Indirect beneficial
        Trade:                              On-market

        Approval for trades:                Yes

Cape Town
2 December 2015

Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd

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