HULAMIN LIMITED - Exercise of Long Term Incentive Plan awards and subsequent sale of shares by directors of Hulamin Operations Pty Ltd

Exercise of Long Term Incentive Plan awards and subsequent sale of shares by directors of Hulamin Operations Pty Ltd

HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1940/013924/06)
ISIN: ZAE000096210
Share Code: HLM
(“Hulamin”)

EXERCISE OF LONG TERM INCENTIVE PLAN AWARDS AND SUBSEQUENT SALE OF
SHARES BY DIRECTORS OF HULAMIN OPERATIONS PROPRIETARY LIMITED

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Director:                            D R Weisz
Company:                             Hulamin Operations Proprietary
                                     Limited
Nature of transaction:               Off market exercise of long
                                     term incentive plan awards
                                     with no performance conditions
                                     (“LTIP-NPC”) and subsequent on
                                     market sale of shares
Date of exercise:                    2 November 2015
Class of securities:                 LTIP-NPC in respect of
                                     ordinary shares
Grant date:                          25 February 2013
Number of LTIP-NPC exercised:        98 684 Hulamin LTIP-NPC
                                     settled by the purchase of
                                     98 684 Hulamin ordinary shares
                                     of which 98 684 were
                                     subsequently sold on market
Date of sale:                        2 November 2015
Selling Price:                       R7.00
Value of sale:                       R690 788.00

Nature of interest:                  Direct beneficial
Clearance obtained:                  Yes



Pietermaritzburg
04 November 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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