DENEB INVESTMENTS LIMITED - Exercise Of Options By Director In Terms Of The Deneb Long Term Incentive Scheme

Exercise Of Options By Director In Terms Of The Deneb Long Term Incentive Scheme

DENEB INVESTMENTS LIMITED
Registration number: 2013/091290/06
(Incorporated in the Republic of South Africa)
JSE share code: DNB
ISIN: ZAE000197398
(“Deneb” or the “Company”)

EXERCISE OF OPTIONS BY DIRECTOR IN TERMS OF THE DENEB LONG TERM INCENTIVE SCHEME

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

 NAME OF DIRECTOR                                D Duncan

 COMPANY OF WHICH A DIRECTOR                     Deneb

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Non-Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Delivery of ordinary shares through the
                                                 exercise of Deneb Long Term Incentive
                                                 Scheme options granted and accepted in:

                                                 (1) 2015 at an adjusted strike price of 172
                                                 cents per share (off-market)
                                                 (2) 2015 at an adjusted strike price of 166
                                                 cents per shares (off-market)
                                                 (3) 2016 at an adjusted strike price of 141
                                                 cents per share (off-market)
                                                 (4) 2017 at an adjusted strike price of 136
                                                 cents per share (off-market)

                                                 The above options were granted and
                                                 accepted by Mr Duncan whilst he was still
                                                 the group chief operating officer and an
                                                 executive director of Deneb.

 DATE OF TRANSACTION                             27 September 2021

 CENTS PER SHARE                                 175 cents

 NUMBER OF SECURITIES TRANSACTED                 491,568

 TOTAL RAND VALUE OF SECURITIES                  R860 244.00
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
29 September 2021

Sponsor
PSG Capital

Date: 29-09-2021 03:45:00
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