SYGNIA LIMITED - Dealing in securities by a director

Dealing in securities by a director

SYGNIA LIMITED
Incorporated in the Republic of South Africa)
Registration number 2007/025416/06)
Share code on the JSE: SYG ISIN: ZAE000208815
("Sygnia")


DEALING IN SECURITIES BY A DIRECTOR
In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements,
the following information, relating to the dealing in securities, is disclosed:

Name:                                Magda Wierzycka
Designation:                         Executive Director
Type and Class of securities:        Share options to acquire ordinary shares
Date of award and acceptance:        30 September 2016
Option strike price:                 R14.96 (Sygnia Limited’s 30-day volume
                                     weighted average trade price as at 30
                                     September 2016)
Number of share options awarded:     1,000,000
Total rand value of options:         R14,960,000
Exercise periods:                    20% after the 3rd anniversary date
                                     30% after the 4th anniversary date
                                     50% after the 5th anniversary date
Nature of transaction:               Grant and acceptance of share options in
                                     terms of the Sygnia Limited Employee
                                     Share Option Scheme (off market)
Extent of interest:                  Direct beneficial
Clearance obtained:                  Yes

21 October 2016

Sponsor
Nedbank Corporate and Investment Banking

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