SANTOVA LIMITED - Exercise of Share Options and Subsequent Sale of Shares by a Director of a Subsidiary

Exercise of Share Options and Subsequent Sale of Shares by a Director of a Subsidiary

SANTOVA LIMITED
(Registration number: 1998/018118/06)
Share code: SNV
ISIN: ZAE000159711

Exercise of Share Options and Subsequent Sale of Shares by a Director of a Subsidiary

In accordance with the requirements of paragraph 3.63 – 3.74 of the JSE Listings Requirements,
shareholders are advised of the following information:

Name of Director:             V Boelens
Name of Company:              Santova Logistics B.V., a major subsidiary of Santova Limited

Nature of transaction:        Off market exercise of share options
Date of transaction:          15 June 2023
Class of securities:          Ordinary shares
Nature of interests:           Direct beneficial
Number of options:            300 000
Option grant date:            22 February 2016
Option Strike price:          415 cents per share
Total value:                  R1 245 000

Nature of transaction:         On-market sale of shares
Date of transaction:           19 June 2023
Class of securities:           Ordinary shares
Nature of interests:           Direct beneficial
Number of shares:              300 000
Trading Price:                 950 cents per share
Total value:                   R 2 850 000


Clearance for this transaction was provided in terms of section 3.66 of the JSE Listings Requirements.

Durban
19 June 2023
Sponsor and Corporate Adviser
River Group

Date: 19-06-2023 03:00:00
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