ELB GROUP LIMITED - Exercise of options by a director

Exercise of options by a director

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

EXERCISE OF OPTIONS BY A DIRECTOR

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:                      MC Easter (Executive director)
Date of transaction:                   17 October 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:           75 000
Option strike price:                   R20.83
Total value of transaction:            R1 562 250
Type of interest:                      Direct beneficial
Clearance to deal obtained:            Yes

Boksburg
17 October 2017

Sponsor
Questco Corporate Advisory (Proprietary) Limited

Date: 17/10/2017 01:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.