MIX TELEMATICS LIMITED - Increase in securities held by directors of MiX Telematics

Increase in securities held by directors of MiX Telematics

MIX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX ISIN: ZAE000125316
NYSE share code: MIXT
(“MiX Telematics” or “the Company”)


INCREASE IN SECURITIES HELD BY DIRECTORS OF MIX TELEMATICS


Following queries received from shareholders in respect of dealings announcements released between 1 April 2015
and 23 March 2016 wherein shareholders were advised of the on-market sale of the shares by directors of MiX
Telematics and members of the executive committee of MiX Telematics (the “directors”), which viewed in isolation,
may have caused some confusion and given an erroneous impression that directors have reduced their share ownership
in the Company; MiX Telematics would like to clarify that the on-market sale of shares were undertaken in the
context of the exercise of share options received by the respective directors under the MiX Telematics Group
Executive Incentive Scheme. Depending on the financial circumstances of respective directors at a point in time, a
portion of the share options vested is sometimes sold in order to settle the exercise price and the related tax obligations
in respect of the share options.

The table below provides a summary of all dealings undertaken by the directors during the current financial year,
including the share options exercised by the respective directors, the number of shares sold in order to settle the
exercise price and the related tax obligations in respect of the share options, where applicable, and the number of
shares that the respective directors held at the date of this announcement; and indicates that overall, these directors
increased their shareholding in the Company:

Opening             Date of            Quantity of       Quantity of          Quantity of       Net increase      Closing
shareholding        purchase /              shares           options           shares sold                in      shareholding 
1 April 2015        exercise             purchased         exercised                            shareholding
                                          directly
Stefan Joselowitz
      24 292 045       05/03/2016               -          1 500 000                    -          1 500 000        25 792 045

Megan Pydigadu
          33 333    01/09/2015              66 667                -                   -               66 667           100 000
                    23/02/2016                   -          500 000             500 000                    -           100 000
                    04/03/2016             150 000                -                   -              150 000           250 000

Charles Tasker (Keighley Trust)
      2 638 320     16/09/2015             200 000                -                   -              200 000         2 838 320
                    09/03/2016                   -        1 500 000           1 010 166              489 834         3 328 154

Richard Bruyns (IS Wealth Creator)
      3 667 563     04/03/2016              29 000                -                    -              29 000         3 696 563

Brendan Horan
            0       03/09/2015               1 200                -                    -               1 200             1 200
                    04/09/2015              20 700                -                    -              20 700            21 900
                    09/12/2015                   -          375 000                    -             375 000           396 900

Catherine Lewis
      1 399 500     01/03/2016                   -          125 000                    -             125 000         1 524 500

Gert Pretorius
             0      08/03/2016                   -          125 000               90 218               34 782           34 782



23 March 2016

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