TRELLIDOR HOLDINGS LIMITED - Acceptance Of Options By Directors In Terms Of The Trellidor Share Incentive Trust

Acceptance Of Options By Directors In Terms Of The Trellidor Share Incentive Trust

TRELLIDOR HOLDINGS LIMITED
(Previously Trellicor Holdings Proprietary Limited)
Incorporated in the Republic of South Africa)
Registration number: 1970/015401/06)
Share Code: TRL
ISIN Code: ZAE000209342
(“Trellidor” or “the Company”)

ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE TRELLIDOR SHARE
INCENTIVE TRUST

In compliance with rules 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following information is disclosed:

The following share option awards were accepted in terms of the Trellidor
Share Incentive Trust:

1.
  NAME OF DIRECTOR               TM Dennison
  COMPANY OF WHICH I AM A        Trellidor Holdings Limited
  DIRECTOR
  STATUS:EXECUTIVE/NON-          Executive
  EXECUTIVE
  TYPE AND CLASS OF SECURITIES   Share options to acquire
                                 ordinary shares
  DATE OF AWARD                  18 October 2016
  DATE OF ACCEPTANCE             20 October 2016
  OPTION STRIKE PRICE            R5.41 (Trellidor’s 30-day
                                 volume weighted average traded
                                 price as at 18 October 2016)
  NUMBER OF OPTIONS AWARDED      1,672,628
  TOTAL RAND VALUE OF OPTIONS    R9,048,917.48
  STRIKE DATE OF OPTIONS         Exercisable in tranches of 25%
                                 each on the 2nd, 3rd, 4th and 5th
                                 anniversary of the award
  NATURE OF TRANSACTION          Award of options to acquire
                                 ordinary shares in terms of a
                                 share incentive scheme
  NATURE AND EXTENT OF           Direct, Beneficial
  INTEREST IN THE TRANSACTION
  CLEARANCE OBTAINED             Yes

2.
  NAME OF DIRECTOR               CG Cunningham
  COMPANY OF WHICH I AM A        Trellidor Holdings Limited
  DIRECTOR
  STATUS:EXECUTIVE/NON-          Executive
  EXECUTIVE
  TYPE AND CLASS OF SECURITIES   Share options to acquire
                                 ordinary shares
  DATE OF AWARD                  18 October 2016
  DATE OF ACCEPTANCE             20 October 2016
  OPTION STRIKE PRICE            R5.41 (Trellidor’s 30-day
                                 volume weighted average traded
                                 price as at 18 October 2016)
  NUMBER OF OPTIONS AWARDED      396,756
  TOTAL RAND VALUE OF OPTIONS    R2,146,449.96
  STRIKE DATE OF OPTIONS         Exercisable in tranches of 25%
                                 each on the 2nd, 3rd, 4th and 5th
                                 anniversary of the award
  NATURE OF TRANSACTION          Award of options to acquire
                                 ordinary shares in terms of a
                                 share incentive scheme
  NATURE AND EXTENT OF           Direct, Beneficial
  INTEREST IN THE TRANSACTION
  CLEARANCE OBTAINED             Yes

3.
  NAME OF DIRECTOR               P Rawson
  COMPANY OF WHICH I AM A        Trellicor Proprietary Limited
  DIRECTOR
  STATUS:EXECUTIVE/NON-          Executive
  EXECUTIVE
  TYPE AND CLASS OF SECURITIES   Share options to acquire
                                 ordinary shares
  DATE OF AWARD                  18 October 2016
  DATE OF ACCEPTANCE             20 October 2016
  OPTION STRIKE PRICE            R5.41 (Trellidor’s 30-day
                                 volume weighted average traded
                                 price as at 18 October 2016)
  NUMBER OF OPTIONS AWARDED      983,052
  TOTAL RAND VALUE OF OPTIONS    R5,318,311.32
  STRIKE DATE OF OPTIONS         Exercisable in tranches of 25%
                                 each on the 2nd, 3rd, 4th and 5th
                                 anniversary of the award
  NATURE OF TRANSACTION          Award of options to acquire
                                 ordinary shares in terms of a
                                 share incentive scheme
  NATURE AND EXTENT OF           Direct, Beneficial
  INTEREST IN THE TRANSACTION
  CLEARANCE OBTAINED             Yes

4.
  NAME OF DIRECTOR               C Wright
  MAJOR SUBSIDIARY OF WHICH I    Trellicor Proprietary Limited
  AM A DIRECTOR
  STATUS:EXECUTIVE/NON-          Executive
  EXECUTIVE
  TYPE AND CLASS OF SECURITIES   Share options to acquire
                                 ordinary shares
  DATE OF AWARD                  18 October 2016
  DATE OF ACCEPTANCE             20 October 2016
  OPTION STRIKE PRICE            R5.41 (Trellidor’s 30-day
                                 volume weighted average traded
                                 price as at 18 October 2016)
  NUMBER OF OPTIONS AWARDED      561,620
  TOTAL RAND VALUE OF OPTIONS    R3,038,364.20
  STRIKE DATE OF OPTIONS         Exercisable in tranches of 25%
                                 each on the 2nd, 3rd, 4th and 5th
                                 anniversary of the award
  NATURE OF TRANSACTION          Award of options to acquire
                                 ordinary shares in terms of a
                                 share incentive scheme
  NATURE AND EXTENT OF           Direct, Beneficial
  INTEREST IN THE TRANSACTION
  CLEARANCE OBTAINED             Yes

Clearance to accept these share option awards was obtained in accordance
with rule 3.66 of the JSE Limited Listings Requirements.

Durban
21 October 2016

Sponsor
PSG Capital Proprietary Limited

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